Qi Blockchain Aims to Become the Most Efficient Payment Rail in the World

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London, England – Qi Blockchain announces to become the most efficient payment rail in the world. Imagine if every payment in the world was as fast, cheap, and global as sending an email. Banking has driven the world for finance for long, but there was a longstanding demand for a complete revamp to better serve the public, given the increased number of transactions and the average value for each. Simply put, banks can no longer offer the same service, and even if they could, it’s no match for the new-age technologies, particularly blockchain. Blockchain, though new, has captured the market and captivated millions with its enhanced reach, easy-to-use features, privacy, security, and user-centric approach. And it’s almost time blockchain will redefine banking, making it accessible to millions more worldwide. And Qi blockchain is leading on this front.

It’s not like there’s a shortage of available options. A quick search and one would come across hundreds of blockchains and thousands of cryptocurrencies across the globe. But not all offer the same benefits. Inexperienced young chaps create most with no fundamental understanding of the market intricacies, patterns, and relations. The Qi blockchain stands apart in this aspect, given the vast array of market-friendly options, the ability to take high returns, and the strictly enforced advanced security protocols.

To understand why the world needs to transition towards blockchain-based options, let’s take the case of Credit Suisse, one of the leading private banking solutions and a popular choice across the globe until recently. After years of dominating the market, Credit Suisse underwent a rough phase leading to its collapse and was sold to UBS for roughly $3.3 billion. This paints a clear picture of the banking solutions worldwide and how all these are prone to fall due to the slightest variations in the market. And new-age users have identified this and are looking for reliable alternatives.

Some key inefficiencies of current cross-border payments:

  • Legacy technology – most banks still use old Cobol-based mainframe computers from the 1970s and have not adopted a flexible type open banking API approach with cloud computing. A single server also increases hacking risk as opposed to a distributed network of servers.
  • Broken data formats and being error-prone – 35% of all payments sent by banks result in payment routing errors, and 20-25% of all card transactions fail.  Some of these errors are identified only upon a complaint from a beneficiary demonstrating a clear lack of traceability.
  • High operational costs of banks with skyscraper physical branches and being overstaffed.
  • Long transaction chains and disparate – a bank does not have a bank account or direct relationship in every country and requires what is called correspondent banks to help execute transactions across borders. If there are different currencies in the transaction in question this can become even more complicated.  Blockchain technology can remove the need for correspondent banks for faster settlement.
  • Limited operational hours – banks typically are open only from 9 to 5 and closed on weekends. The USA operates in a different time zone than China, causing even more delays.
  • High funding cost – liquidity is required at the end destination of the transaction with compliance check complexities, etc.

Qi blockchain to fill in the glaring loopholes

Banks, or traditional payment platforms, don’t serve users’ needs. Massive loopholes are yet to be addressed, let alone resolved. The industry has grown dormant over time, and though the number of players has increased, people are yet to witness a user-centric approach. And this growing concern is what’s driving users towards blockchain-based solutions, especially the Qi blockchain, which is emerging as the one-stop solution to all requirements.

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Here are some of the aspects that concern users and how the Qi blockchain manages to address them:

  • Reliable: What everyone saw with Credit Suisse wasn’t a one-off instance, but there have been several similar cases recently, this just being the most prominent one. Hundreds of banks across the globe have ceased to operate or were forced to merge in a bid to save them. What’s the guarantee that yours isn’t next in line? None, to be honest. But with the Qi blockchain, one can be sure of that. It has managed to create a storm in a short while and is currently one of the top-ranked options in terms of user-centric features. Besides, compared to other blockchains, Qi can process up to 2000 transactions per second (tps), and it will soon hit 10,000 after the planned upgrades.  Blockchain can remove the need for intermediaries like correspondent banks and enable direct settlement between parties involved.
  • Secure and Transparent: A simple fact about blockchain, anything on it cannot generally be tampered with, no matter the amount of effort or resources put in, given its style of functioning. And with the Qie wallet, all information is stored on the Qi blockchain, providing complete security to the end user in all aspects. The security protocols enforced are top-notch and the latest in the market to ensure an unmatched experience with highly secure cryptographic algorithms. Increased transparency will improve compliance by enabling banks to easily track and monitor transactions, which can help prevent fraud and money laundering.
  • Smart contracts: Blockchain technology enables the use of smart contracts, self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code. Smart contracts can automate compliance tasks such as KYC (know your customer) and AML (anti-money laundering) checks, reducing the risk of human error and increasing efficiency.  Furthermore, smart contracts can be used to automate various aspects of banking infrastructure, such as loan origination, trade finance, and insurance for faster settlements and lower costs.
  • Pocket-friendly: Conventional banking solutions usually charge a high transaction fee, especially for cross-border transactions. But that changes with blockchain-based payment rails, one where the geographical location of the sending and receiving parties isn’t much of a factor, and the gas fee (or transaction fee) is minimal. With Qi, it’s less than 0.001%. So, why shell an additional amount with the traditional banking partner when a futuristic option charges much less?
  • Available 24×7: One of the significant drawbacks with banks is the periodic downtime to aid upgrades and the weekly shutdown (typically on weekends) of most banking processes. It presents a major hurdle to users and is almost the same everywhere. But with the Qi blockchain, one can transfer funds 24×7.

The world of finance is changing, and users must transition for a more secure and reliable experience. Money plays a vital role in lives and should be kept where it’s safe and free of third-party interference, presently offered only by blockchain-based solutions. And the Qi blockchain is at the forefront of leading this change.

To find out more about the Qi blockchain, visit the official website:https://qiblockchain.online/.

Also, follow it on all social channels to stay updated with the latest developments in the space:

Twitter: https://twitter.com/qiblockchain

Instagram: https://www.instagram.com/qiblockchain.online

Facebook: https://www.facebook.com/QiBlockchain

Discord: https://discord.gg/9HCNTyqkwa

Reddit: https://www.reddit.com/r/qiblockchain/

Media Contact:

Contact Person: QIE Marketing Team

Company: QIE Blockchain

Email: [email protected]

Website: https://qiblockchain.online/



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Dogecoin And Cartesi Surge As Uwerx Comes Closer To Fulfilling Analysts’ Predictions

Crypto prices seem to be rising as established coins like Dogecoin (DOGE) and Cartesi (CTSI) experience a price hike. However, all attention rests on the new disruptive protocol, Uwerx, and its blockchain-based solution for the freelancing industry.

Can Uwerx satisfy the high expectation of analysts? Continue reading to find out.

What Is Behind Dogecoin’s (DOGE) Recent Revival?

Dogecoin (DOGE) has remained a hot topic since 2021 despite numerous competitors that have popped up, like Shiba Inu (SHIB).

Its current price is $0.074, with its chart showing a 0.76 % value increase since yesterday. This positive momentum is also evident over the past week, with its substantial rise of 3.91 % in value. What could be behind this current rise in the meme coin’s price?

The coin recently made headlines. It was lauded for its outstanding performance in the cryptocurrency market. In a recent AMA session, Binance CEO, Changpeng Zhao, said he was surprised to see Dogecoin (DOGE) last for so long, given the short lifespan of most meme coins.

However, he acknowledged the influence of Elon Musk on the meme coin as he said the famous billionaire might have extended Dogecoin’s (DOGE) lifespan.

Last month, Elon Musk’s Twitter replaced its iconic bird logo with an image of Shiba Inu. This action pushed up its price by more than 20%.

Furthermore, this recent dramatic increase in Dogecoin (DOGE) indicates investors’ increased interest in meme coins. It might go bullish as analysts expect it to sell between $0.08 and $0.11 in 2024. It remains to be seen if the meme coin will meet expectations.

Cartesi (CTSI) Surges Thanks To The Upcoming Release Of The Cartesi Rollups

Cartesi (CTSI) is up by 0.14 % and trading at $0.20. Over the past week, it has also increased by 16.46%. This rise could be an after-effect of the announcement of the upcoming Cartesi Rollups on April 11.

According to the Cartesi Foundation, Cartesi Rollups is an application-centric execution environment that can be deployed as Layer-2 or Layer-3. It is not a Layer-1 blockchain or DApp. Therefore, the traditional concept of a “mainnet launch” for Cartesi differs from many other blockchain projects. Instead of regular features, what will actually go to the Cartesi Rollups mainnet are dApps built using Cartesi tech.

According to the Twitter announcement, the first Cartesi-powered dApp to be featured as part of the mainnet launch will be Honeypot. The Honeypot dApp will hold real assets with the goal of establishing a financial benchmark for secure asset management and provide a gamified battlefield for the community to help audit and test Cartesi’s cutting-edge technology.

The team has not specified a launch date for the Cartesi Rollups mainnet. However, on May 17, they hosted a panel discussion with other Ethereum ecosystem projects in preparation for the launch.

Cartesi (CTSI) is basically a Layer-2 scaling solution that enables developers to create multi-chain dApps. It also supports Linux and other typical software components while allowing developers to deploy application-specific rollups as Layer-2 on Ethereum or Layer-3 on other chains.

Uwerx (WERX) Can Meet Up With Analysts’ Predictions

Uwerx has impressive potential. The number of remote and independent workers has continued to increase post-pandemic. This spells a huge growth in the gig economy, with a predicted value of $455 million by late 2023.

The upcoming Uwerx platform will feature dispute resolution tools, escrow payments, performance and sign-up incentives, enhanced security, and much more. In addition, the platform will offer a significantly lower 1% fee compared to the 15% on traditional freelance platforms like Upwork and Fiverr.

Its Alpha version is already out and features a Landing page. Users can expect other features to be out on a weekly/bi-weekly basis. These features include a Login/Sign In page, User Dashboard, Settings, Posting Jobs, Finding Jobs, and more.

Meanwhile, this current version will soon give way to the Beta version, where users can interact with the platform. The Uwerx team welcomes all users to send their feedback through the dedicated feedback email at [email protected].

Aside from its revolutionary offerings to the freelance industry, Uwerx also allows token holders to store their WERX tokens in the unique Uwerx Vault while earning interests based on platform variables. The Uwerx Vault is similar to staking and designed to promote user engagement.

Uwerx is currently in its 5th stage, with up to 5,000 sign-ups. Its presale price is $0.041 and steadily rising. Due to the fast-paced presale, the Uwerx team has raised the presale token allocation from 45% to 57% (427,500,000 tokens). Also, 98.2% of the community voted for a test airdrop for all token holders to ensure they accurately entered their receiving wallet addresses.

Furthermore, Uwerx has gone the extra mile to assure investors of the safety and legitimacy of their assets. The project obtained audit approval from SolidProof and InterFi Network long before the presale began. In addition, the Uwerx team will forfeit all smart contract ownership after listing the WERX token on centralized exchanges. This will discourage any fraudulent behaviour on the platform.

Uwerx developers have also reduced their token allocation from 8% to 7%. They will lock these assets for 25 years to reassure investors of their commitment. While the lock period was scheduled after presale, it will now have a new date after 82.8% of the community voted for a mid-presale asset lock.

Uwerx is predicted to hit $2.7 by Q1 2024. This is why the team pushed the token’s launch price from $0.09 – $0.11 to $0.095 – $0.115.

It is safe to say that Uwerx has recorded undoubted success. This is a result of the agile methodology approach of the development team. It allowed them to roll out the project in stages while making improvements along the line.

Although Dogecoin (DOGE) and Cartesi (CTSI) are making their own moves, we strongly believe Uwerx can meet up with its future predictions and become the greatest presale of 2023.

Crypto presales represent great entry opportunities for investors who wish to make astronomic gains. New Uwerx investors also get to enjoy a 20% purchase bonus. As this bonus will reduce with the presale price increase, now is the best time to join the presale.

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Apple Vision Pro Will Compete with Meta Quest 3, Here’s Difference

Apple and Meta will be taking the battle on the frontier of mixed-reality headsets. Here’s a look into how each of the devices – Apple Vision Pro and Meta Quest 3 – compare with each other.

Mixed Reality, AR, and VR is the new battleground for tech giants to compete with each other. While Facebook parent Meta has been in the game for a while, Apple just made a big bang entry into the space by unveiling its Apple Vision Pro during the WWDC 2023 event’s opening day on Monday, June 5.

Apple’s first mixed-reality headset will be available in early 2024. However, it will set the competition straight up with the Meta Quest 3 headset planned for launch later this year. Meta made the announcement for Quest 3, just two days before Apple did it.

The Meta Quest 3 will be a successor to Quest 2 and will operate without a PC, smartphone, or console. It will have a 40% slimmer body with high-end display resolution, powerful graphics, and much more. The Meta Quest 3 will directly compete with the Apple Vision Pro. Let’s take a look into how these two headsets pitch against each other on different verticals.

Design and Hardware

The Apple Vision Pro is very much in line with Apple’s existing design language with curved edges snugly strapping to your face. It certainly looks like a premium product from the range of Apple’s offerings.

The Apple Vision Pro is a special device that has many cameras and sensors. It can do more than just show virtual reality things in front of you. It also has a screen on the outside that lets other people see your eyes and facial expressions while you wear it. This is different from other virtual reality and augmented reality headsets that exist in the market.

With the Apple Vision Pro, you can control everything using your fingers, hands, and voice commands. Apple won’t give you a separate controller or wand to use with it. But if you want to play games from Apple Arcade, you can connect a Bluetooth controller. And if you need to get work done, you can use the Magic Keyboard and Magic Trackpad with the headset.

On the other hand, the Meta Quest 3 will be Meta’s first take on mixed-reality headsets. Thus, unlike Quest 2, it will offer a full-color pass-through. The Quest 3 will be 40% slimmer than its predecessor and will have external cameras and a depth sensor to enable full-color augmented reality passthrough.

The Quest 3 comes with improved motion controllers designed specifically for games and immersive apps, in addition to supporting finger and hand gestures. This feature could be a significant advantage in terms of content, as explained in more detail below.

Display

The screens inside the Apple Vision Pro are super clear, with a resolution that’s even better than 4K for each eye. Apple hasn’t given us the exact details, but they claim the screens have over 23 million pixels, giving you a really sharp image.

As for Quest 3, we don’t have specific information about how clear its screen is yet. Meta, the company behind Quest, says it’s sharper than the Quest 2, which had a resolution of 1,832 x 1,920. However, a hands-on review by Bloomberg suggests that the Quest 3 doesn’t look much sharper than the Quest 2 in real-world use. We’ll have to wait and see for a direct comparison between the two.

Power and Battery

The Apple Vision Pro uses a powerful M2 processor, which is the same kind used in recent Mac computers. It also has a special R1 chip that handles the data from the cameras and sensors. On the other hand, the Meta Quest 3 is expected to use the Snapdragon Qualcomm XR2 chip, which is made specifically for devices like this, but it’s based on smartphone chips. Meta says the Quest 3 will have double the graphics performance compared to the Quest 2, but it might not be as powerful as the Vision Pro.

The Vision Pro doesn’t have its own built-in battery. Instead, it has a separate pack that you can plug in, and it gives you around two hours of use. You can easily carry the pack in your pocket or keep it nearby while you’re sitting. Alternatively, you can use a wall plug for unlimited use.

Also, there’s no info currently on the battery life of Quest 3. But the Quest 2 can be used for up to three hours on a full charge. Additionally, there’s a special Elite Strap available for the Quest 2 that includes an extra battery pack, doubling the usage time. Meta has yet to reveal how the Quest 3 compares in terms of battery life.

Software and Content

Software and content will be a major differentiator between the Apple Vision Pro and the Meta Quest 3. Apple has projected its Vision Pro as a spatial computer for entertainment and productivity, but not a gaming destination. It will run the Apple Arcade games on the Visison Pro’s floating, flat screen and could have new VR and AR games running for it. However, Apple hasn’t talked on this much, so far.

With the Apple Vision Pro, you can use popular apps like FaceTime and Zoom. It has a special 3D camera that can create a digital version of yourself called a “Persona.” This digital persona reacts in real time based on your actions, making the experience more immersive and connecting your physical and digital worlds. The 3D camera can also take photos and videos that have depth, which is a really cool feature.

On the other hand, the Meta Quest platform already has many exciting VR games like Beat Saber, Resident Evil 4, Pistol Whip, and Superhot VR. These games will likely perform even better on Quest 3. Additionally, Meta has shown plans to create AR games specifically for the new headset.

Both the Apple Vision Pro and Meta Quest 3 can be used for various purposes. They can be used for work to access apps and websites, and also for watching movies and TV shows in virtual environments. However, there are some differences. The Apple Vision Pro can connect with iOS apps and a Mac, giving it access to a wide range of content. In contrast, Meta’s platform doesn’t have as many features and options available.

Pricing and Availability

The Apple Vision Pro will be priced at $3,499, which is higher than the expected range of $2,000 to $3,000. This high price means that it will mainly attract tech-savvy early adopters, which is typical for Apple.

On the other hand, Meta is targeting consumers with the main Quest line. The Quest 3 will start at $500, which is only one-seventh of the Vision Pro’s price. Currently, the Quest 2 is priced at $300. The Quest Pro, a more powerful version, is currently sold for $1,000 after originally being priced at $1,500.

Apple plans to release the Vision Pro early next year, while Meta intends to launch the Quest 3 later this year.



Business News, News, Technology News, Virtual Reality & Augmented Reality News


Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.

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Three Reasons Behind Bitcoin's 2023 Resurgence


This is an opinion editorial by Chen Fang, the COO of BitGO, a Bitcoin-focused regulated custody and financial services firm.

A challenging 2022 prompted Bitcoin skeptics to gleefully say “I told you so” and declare that Bitcoin was dead and buried. But, much to their chagrin, their victory lap ended up being premature. Bitcoin has come roaring back in 2023, ending these premature celebrations and taking back some of its 2022 losses with a massive year-to-date gain of over 60% as of this writing so far in 2023.

Here are three reasons behind Bitcoin’s 2023 resurgence:

One: Banking Sector Turmoil And A Timely Reminder Of Bitcoin’s Value

In March 2023, turmoil from the banking sector in the wake of Silicon Valley Bank’s collapse rocked the market with the types of issues that it hadn’t experienced since the Great Recession. This was no fly-by-night operation; at the time, Silicon Valley Bank (SVB) was the sixteenth-largest bank in the United States and the bank of choice for many venture capitalists and startups.

This high-profile implosion and the lack of proper risk management in place at SVB led many individuals to question how safe their money was. Ultimately, the Federal Reserve stepped in to make the bank’s depositors whole, but the event still called the health of the banking system into question.

While not everyone is rushing to take their money out of banks, many more people are now at least aware of the risks of a single point of failure and are moving to diversify their assets by splitting them between multiple banks or even diversifying into alternatives like bitcoin and other cryptocurrencies for the first time.

The appeal of a fully decentralized asset like bitcoin is that there is no CEO or management team in charge that can endanger the solvency of the Bitcoin network by making a bad decision or poor judgment call. Bitcoin users don’t have to trust a company or management team to use Bitcoin; they can instead verify the open-source code that governs the Bitcoin network. Anyone can view any transaction ever made on the Bitcoin blockchain, giving the network unmatched transparency.

The price of bitcoin surged in March in the wake of the crisis, and in late April, renewed troubles at First Republic Bank, which reported that it lost over $70 billion in deposits during the previous quarter propelled bitcoin prices higher yet again, showing that investors and savers clearly view it as a port in the storm amidst the current uncertainty.

Two: Dedollarization At A Global Scale

In addition to the specific troubles highlighted by the banking crisis, faith in the dollar itself seems to be dwindling globally. Bitcoin isn’t the only indicator here; precious metals like gold and silver are surging while USD reserve currency held by other countries is at its lowest level in decades: from 73% in 2001 to 55% 20 later, in 2021, and down to 47% by April 2022, according to economist Stephen Jen. The yuan is now the most-traded currency in Russia while China and Brazil recently struck an agreement to settle trades in the yuan and real instead of in dollars. Meanwhile, Malaysia is making similar deals with both India and China.

Former Goldman Sachs Chief Economist Jim O’Neill — who originated the BRICS acronym, referring to then-emerging economies Brazil, Russia, India, China and South Africa — recently called on these countries to challenge dollar hegemony with a new native currency. This ambition is likely a bridge too far at this point in time. As a commodity importer, China’s economic goals aren’t aligned with commodity exporters like Brazil and Russia. Furthermore, tensions between China and India call the likelihood of this coming together into question. Nevertheless, it is another signpost on the road towards global dedollarization. It’s not just BRICs countries that are exploring their options — U.S. allies like French president Emmanuel Macron recently warned that Europe should reduce its dependence on the U.S. dollar to avoid becoming “vassals.”

While none of this means that the end of the dollar’s reign as the global reserve currency is guaranteed or imminent, it does paint the picture that individuals and nations are clearly looking for non-dollar alternatives to diversify into.

The long-term effects of dedollarization and the banking crisis’ effect on Bitcoin is still being written, but it has made more people aware of Bitcoin as a viable alternative to the current system, and it has certainly served as a catalyst for the price of bitcoin. In the immediate aftermath of the crisis, bitcoin climbed from just under $20,000 on March 10, 2023 to over $30,000 barely a month later on April 13, 2023, gaining 50% and adding $200 billion to its market capitalization in the process.

Three: Development Of The Layer 2 Ecosystem

Along with the rise of Ordinals, Bitcoin has benefitted from the further development of its Layer 2 ecosystem, through projects such as Stacks and the Lightning Network. Stacks is a “Layer 2 companion chain for smart contracts focused on bitcoin (BTC) … allowing for the creation of related financial products.” At the time of this writing, Stacks has a market value of nearly $1 billion and is approaching the top-50 cryptocurrencies in market capitalizaiton.

Recent upgrades to Stacks enable Stacks users to pledge their tokens to secure the network to earn rewards in a manner similar to how networks like Ethereum enable participants to earn rewards by staking their holdings. In this way, Stacks could ultimately end up bringing DeFi to Bitcoin.

In addition to Stacks, other Bitcoin Layer 2 protocols like Lightning continue to grow. Lightning is focused on making Bitcoin more scalable. Recent research from Glassnode found that Lightning is 1,000-times cheaper than using legacy payment processors like Visa and Mastercard. Glassnode’s James Check found that the fee for sending 1 BTC across the Lightning Network was 3,000 satoshis (the smallest unit of bitcoin), which was the equivalent of an $0.84 fee to send $28,000 in dollar terms, or a miniscule fee of just 0.0029%. Payment application Strike uses the Lightning Network to facilitate no-fee transfers from the United States to other countries, including Nigeria, Kenya and Ghana and will soon offer it to the Philippines.

Bitcoin’s Best Days Are Ahead

In addition to these macroeconomic factors, the next Bitcoin halving is coming up in 2024. Halvings occur roughly every four years and reduce the rewards for mining new BTC by 50%, essentially increasing the degree of mining difficulty and reducing the supply of bitcoin over time. Halvings have historically been bullish catalysts for bitcoin.

In 2023, between a changing macroeconomic landscape and the technical and developmental advances surrounding the Bitcoin network, Bitcoin has proven that, not only is it back from the dead, but its best days are likely still ahead of it.

This is a guest post by Chen Fang. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.

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#Reasons #Bitcoin039s #Resurgence

Op-ed: Zero-knowledge scaling will take decentralized gaming to the next level

Gaming is one of the fastest-growing subsectors of the web3 industry and its most resilient verticals, with funding remaining buoyant despite the unremitting bear market. Over 60% of the $7.1 billion raised by web3 startups in 2022 was funneled into web3 gaming. And 2023 looks to be the year this capital comes good, bringing with it a Cambrian explosion of high-quality games and another level of adoption.

But for web3 games to truly gain critical mass and unlock their full potential, they must overcome one of their biggest technical challenges yet — scaling.

Fortunately, the notion that web3 games can’t scale for mass adoption is rapidly changing thanks to the development of Zero-Knowledge (ZK) technology. Beyond scaling, this revolutionary tech’s introduction provides numerous gaming-changing transformations, including enhanced security, privacy protection, improved game mechanics, trustless gameplay, and new revenue streams.

True Ownership Hits The Wall of Scalability

Today, robust in-game economies are an increasingly important part of popular AAA titles like League of Legends, Fortnite, Call of Duty, Overwatch, World of Warcraft, and countless more. As proven repeatedly, there is a steady demand for in-game customization, exemplified by the skins market becoming a $50 billion industry in 2022.

Unable to sate the appetite for such items, game developers offer many in-game assets, ranging from character and weapon skins to small virtual accessories and avatar frames. Consequently, many players own tens, hundreds, or even thousands of in-game items, typically across several titles — all of which they can never truly own, sell, or trade.

Traditional web2 gaming assets have always been a one-way street, where funds flow from gamers to developers and publishers. This is one of the biggest web2 anachronisms that web3 aims to disrupt — by opening in-game economies up and allowing players to become full-fledged participants of these markets, enabling them to take those custom digital assets between different games, turning gaming into an interoperable, immersive ecosystem.

For this to happen, however, web3 gaming must be prepared to sustain the same scale at which web2 titles currently operate, and that’s no easy task. Giants like League of Legends and Fortnite attract millions upon millions of players, and each can have numerous in-game items on their accounts. To compete with such a massive flow of in-game assets, especially when players can also truly own and freely trade and exchange them with each other, web3 games need to be able to process tens of thousands of transactions simultaneously.

Meanwhile, Ethereum, the go-to blockchain for everything web3 related, can only process up to 30 transactions per second (TPS) on average today — and that’s a problem.

For ZK, Scaling Is Just The Beginning

Fortunately, a fundamental paradigm shift is already underway. The development and imminent launch of ZK technology natively compatible with Ethereum will change how all game development, not just web3, is created. Dubbed zkEVM, this innovative rollup brings all of the benefits of asset ownership to users on a global scale while also unlocking a wide array of improvements that stand to revolutionize web3 gaming.

First off, scalability. One of the primary benefits of zkEVM technology is the ability to attain global scale without sacrificing security. It allows large batches of transactions to be bundled together and validated off-chain, with only the final proof being transmitted to the main network — reducing burdensome transaction data on the mainnet.

This increases throughput by approximately 600x compared to the Ethereum mainnet while significantly lowering fees. This functionality is essential in games where millions of high-volume, low-cost transactions occur daily.

Next, interoperability. Instead of being isolated walled gardens, these new titles will operate more like an ecosystem. Assets, avatars, profiles, and more can seamlessly move across different platforms and games, allowing users greater liquidity and access.

Additionally, the process of purchasing, selling, or transferring items will be streamlined to just one or two clicks instead of needing to set up and manage an entirely separate wallet application. Through this overarching compatibility, all titles and services can now become seamlessly interoperable in ways never before possible with traditional gaming.

Building interoperable assets to transfer between games is an incredibly compelling way to increase the longevity of the underlying economic value of gaming titles. It helps developers create a composable gaming universe where any fan of one game quite literally has “skin in the game” for others in the same universe. Not only does this create the opportunity for long-term monetization, but perhaps more importantly, it gives game devs a chance to take more creative risks, safe in the knowledge that there’s already an audience out there who will pick the game up.

Another benefit is the way that ZK can enhance gameplay and utility. zkEVMs, in particular, enable compatibility with smart contracts, unlocking more sophisticated gameplay mechanics and vibrant economies within the Ethereum ecosystem.

Functionality like asset staking offers the possibility of passive earnings and can bring real value to the items acquired inside a game. Furthermore, crafting new items has new meaning when they come as an NFT that the player truly owns and can be traded or transferred at their will.

What’s more, all assets can be nested. For example, a player’s avatar can be an NFT with multiple accessory NFTs. These assets can be linked and transported or sold together, or they can be broken down into their constituent parts. It’s entirely up to the player.

There are also some profound upsides for developers. Utilizing a zkEVM and drawing from a library of vetted smart contracts can significantly streamline the development process, cutting costs and allowing the creators to focus on the fun gameplay elements that will set their product apart. There’s no need to reinvent the wheel; any studio can quickly begin fleshing out innovative web3 titles.

This technology even stands to make games more secure than ever before. zkEVMs not only boost transaction throughput and reduce fees, but they also preserve the robust security and decentralization of Ethereum.

Additionally, leveraging ZK-powered IDs or gamer tags means only the individual connected to the account can interact with it. Exploitative or malicious activity can be monitored and addressed without even necessarily needing to reveal the real identities or data of anyone involved. This stands to overhaul how moderation is handled, ultimately making these environments safer for everyone.

The Future Is Already Here

zkEVMs are already being developed, and any gaming studio can now tap into the benefits afforded by this technology.

Whatever the need, there are now web3 tools that are up to the task of delivering the most cutting-edge and empowering experiences for gamers everywhere. Developers are no longer shackled by limitations, and they can truly bring their creative visions to life.

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#Oped #Zeroknowledge #scaling #decentralized #gaming #level

9 Best Crypto Grid Trading Bots Apps (Make Automated Money)

Are you looking to start with the Grid trading bots strategy?

Here are the best crypto grid bot trading software:

Well, there are only a few Grid bots that are quite remarkable, and in the past few months, I had to chance to explore many of them. I in fact used all of them to run a grid bot, and here is one of my trade results with Grid auto trading bot:

Do notice the frequency of trade (Time-stamp).

Now, I feel confident enough to share insights from my learnings, and exploration of these grid trading bots.

I’m happy to announce the launch of CoinSutra VIP, which is a paid community. You can join is to learn how to earn passive income with grid bot trading strategy, and weekly calls on which coins you should be trading to make income from grid bot. You can email [email protected] to learn more about our VIP plan.

However, If you are new here, I highly recommend reading about the best crypto trading bots apps.

Now, moving on to Grid trading bots…

Grid Trading works best in the ranging sideways market and by using a bot you could execute your strategy even when you are sleeping. Grid trading gives you profit with ups and downs of the price fluctuations in the market, and works best when any particular pair is in a range with no clear up or down trend in a longer period.

Disclaimer: Trading is a skill, and using a bot doesn’t guarantee you would make money. You should rather invest time learning the basics, and then use a bot to automate your strategy. It took me more than a year to get results, so do not RUSH!

Disclosure: This article contains affiliate links, but every word is unbiased and based on real experience.

Those who are into scalp trading can also take advantage of Grid bots to automate their trading strategy. Here I have compiled a list of the best available Grid auto bots, with my remark and experience. Some of them are free, and a few of them are paid.

My suggestion is to try one or two at a time, and see which one fits your style of trading.

Here we go…

6 Best Automated Grid trading bots:

1. Bybit Grid Bot automation

Bybit is a cryptocurrency exchange that offers many automation strategies, including grid bot trading. Since you will be directly running your bot on the exchange, the API delay and other issues we get using 3rd party tools are not there.

Bybit offers two grid bot type at the time of writing:

  • Spot market grid bot
  • Futures market grid bot – up to 100x

Here are top features of Bybit grid bot:

  1. Customizable Grid Configuration: Bybit Grid Bot allows traders to set up their own customizable grid configuration to fit their trading preferences. This includes setting the trading range, the number of grid orders, and the distance between each order.
  2. AI Based strategy: If you are not sure of what settings to use for your grid bot, Bybit offers AI feature which automatically help you set optimum settings for the grid bot.
  3. Multiple Trading Pairs: Bybit Grid Bot Trading supports multiple trading pairs, giving traders the flexibility to trade different cryptocurrencies using the same bot. You can run bot on spot market and also on futures market.
  4. 24/7 Trading: Bybit Grid Bot Trading is designed to trade 24/7, which means traders can take advantage of market opportunities at any time of the day or night, without needing to constantly monitor the market.
  5. Real-time Monitoring: Bybit Grid Bot provides real-time monitoring of the bot’s performance, allowing traders to keep track of their profits and losses, and make adjustments to the bot’s parameters as needed.
  6. Risk Management: Bybit Grid Bot Trading includes advanced risk management features to help traders minimize their risks. This includes the ability to set stop-loss and take-profit orders, as well as the ability to adjust the bot’s parameters based on market conditions.
  7. User-friendly Interface: Bybit Grid Bot Trading has a user-friendly interface that is easy to navigate and use. This makes it accessible to both novice and experienced traders.

Learn in depth about Bybit grid bot trading here.

2. Binance Grid trading bot

Binance which is the world’s biggest crypto exchange has an in-built grid bot. A lot of Binance users are not aware of it, and if you have been looking for a grid bot, you can use the one which is offered by Binance.

To use this feature, you need to have a Binance futures account. If you don’t have one, you can create one using this link or by selecting Futures in your Binance account header. It may ask for a referral code, you can use 37705785.

Update: Binance grid bot is now available on Spot market too.

Once your futures account is ready, you can click on Derivatives > USD(S)-M futures

Anyways, now on this page click on “Grid trading” which is nicely tucked in the right corner of the trading page. Don’t forget to select the right pair, and transfer USDT to your futures wallet.

Now, on this page, there are settings that you need to configure to start setting up your trading bot on Binance.

Click on create to start your first grid bot on Binance. You can anytime click on “Active grid” to see the result of the current running grid bot. Anytime, click on the tutorial button to read more about Binance grid bot settings.

I recommend you to start with a small amount, and use less leverage when testing this. Give it some time to get accustomed to all the settings, and then increase your capital. This way you will minimize your risk of losing your funds.

3. Altrady Grid Bot

It was really hard for me to pick the best grid bot tool for the position #3. After careful consideration and testing all the tool, pick Altrady. Altrady is a trading tool that connects with 30+ crypto exchanges via API. Once you are connected with an exchange, you can run grid bot strategy.

What I like about Altrady is that it offers desktop app, mobile app and can also be accessed via browser. Talking about Altrady grid bot trading, it offers advanced data to help you calculate your profit and losses.

For example, here is one bot that I have been running on Altrady, and you can clearly see the entry and current price, and P&L so far.

Here are notable features of Altrady grid bot tool:

  • Run grid bot on any exchange that Altrady supports
  • GRID Bot with Trailing Up and Down
  • Take profit and stop loss price
  • Time based auto-close
  • One of the best data analytics for grid bot

4. Pionex

Pionex is a crypto exchange that offers many crypto bots including grid bots. Once you deposit funds in your Pionex wallet, you can use their grid bot to automate your trades.

They have been around since 2019 and are based out of Singapore. I have shared a detailed review of Pionex before, and also shared the pros and cons.

5. BitUniverse

BitUniverse is a free trading bot that offers various kinds of grid bots. What I like about BitUniverse (apart from being free is), it offers many advanced features that no other similar tool offers.

For example,

  • Stop loss feature
  • Use AI strategy to auto-set your grid
  • Manual Grid setting (The one I recommend)
  • Leveraged GRID Bot
  • Margin GRID Bot

Getting started is also easy, and it works with all popular exchanges.

Overall, for many who are looking to start for free, the BitUniverse grid bot is the best available option. You connect with your exchange using an API key, and since your crypto assets are not stored on BitUniverse, you are safe. They do have a few additional products, which I have not tested, and I suggest not trying anything apart from manual bot trading on BitUniverse. Once I have more details, I will write a separate article for the same.

6. Bitsgap grid trading bot

Bitsgap is the newest entrant in the world of crypto grid trading software’s and it is nicely done. It offers a demo account that is ideal for an absolute beginner, and you can connect with almost all the popular exchanges including Binance.us. Especially if you are from the USA, you should be using Bitsgap or 3commas, as both of them let you connect with the Binance.us account.

There are three different kinds of bot available, and some nice unique features like auto-adjust grid size which Is something not available in any of the other grid trading software mentioned in this list. You need a paid account to run the bot, and you can also make payments in cryptocurrencies. Bitsgap also works as a crypto paper trading app, if you want to try paper trading before putting in real money. You can also read a detailed review of Bitsgap here.

Overall, Bitsgap is something that caught my attention recently, and it may become your choice of crypto grid bot app.

7. Gate.io Smart Quantitative trading strategy

Gate.io is a popular crypto exchange that also allows users from the USA. They have been around since 2013, and recently they added the option to use grid bot trading on the platform. Since every transaction is happening on the exchange, you don’t need to pay for any 3rd party subscription or even connect with API.

For anyone who understands grid bot trading strategy, and looking for an easier way to execute it, Gate.io is an ideal solution. Especially when there are limited solutions for our users based out of USA, Gate.io is something one should look at. Gate.io also have a native token called GT, which you can use to lower down the trading fees.

8. 3Commas Grid Bot

I have been a user of 3Commas for a long time, and I really like their interface, and mobile app to track the performance or stop the bot. I have talked about 3Commas in depth here on my 3Commas review, which you must check out.

3Commas offers paper trading which is idle for those who want to test Grid bot before actually putting in the real money. It also works with all popular cryptocurrency exchanges, and their free tutorials and guides will help you to master the art of Grid trading.

3Commas also offers AI-based grid trading, where you let their AI decide the upper and lower limit for the grid. Or, you can set a manual upper and lower limit for grid size.

Here are some of my results after using grid bots:

It definitely lacks the feature of stop-loss, or auto grid resizing, which may make a lot of difference for many novices. Unlike others, 3Commas is not free, and cost about $49/month for grid bot trading. However, you get 3 days trial, which is good enough for you to test out the system. Either way, in my experience 3Commas, is a solid choice for a majority of intermediate and experienced traders.

9. Quadency

Quadency is another popular crypto trading bot, which offers grid bot as a free feature. However, their bot is different than the above 2, as you can’t set the upper and lower limit manually.

To be honest, I could not find much detail on how Quadency sets the price for grid, but what I like about them is; it gives you control on what to do when exit price is reached. Here are 4 options:

  1. Recreate grid around exit price and continue trading
    Use this option if you have sufficient balance in quote and base to re-create the grid at the point where the price exits the grid. Note – this involves cancelling all open orders and close open positions with a market order.
  2. Cancel all orders and stop bot
    Use this option if you want to cancel all remain open orders and stop the bot. This option will not close any open positions. A position is open if the bot has bought quantity but has not sold the same amount or conversely if it has sold but has not bought back the same amount.
  3. Cancel all orders, close all positions and stop bot
    Use this option if you want to close all positions in addition to cancelling any remaining open orders.
  4. Do nothing
    Use this option if you would rather wait for all open orders to eventually get filled. As the price reenters the grid, the bot will resume trading. However, if the price never re-enters the grid, the orders will remain open indefinitely until manually cancelled.

You can read more about Quadency grid bot feature here.

There are a few more options like Pionex which is primarily an exchange but offers bot trading. Though I have not done the diligence of this exchange, so I would not trust this with my money, as it requires us to deposit the fund. Rest other options listed above, let you connect with exchange using API, and thus your funds are more or less safe.

Which is the best exchange for grid bot trading strategy?

The best exchanges are Binance.com and Binance.us (For the USA users), as the volume is quite high, and transaction fees are lower.

Which Grid bot software is the best for US residents?

Bitsgap or 3Commas works with many USA-based crypto exchanges, and hence should be used by residents of the USA.

Is there a course for learning grid bot trading strategy?

Yes, CoinSutra offers a VIP program that includes a video course for Grid bot trading strategy. You can email “[email protected]” to learn more about this course.

Are trading bots legal?

Fact: Grid bot trading is perfectly legal, and a majority of traders have taken advantage of this automated trading strategy. The sooner you start, the more advantage you would get.

Which are the best coins for grid bot trading?

BTC and ETH are two evergreen coins for grid bot trading, as long as you consult the chart. In our CoinSutra VIP program, we often discuss profitable coins for automated trading.

Conclusion: Which Grid Bot App to use?

Well, Bybit or Binance should be your first choice as it is free, and especially if you are a beginner.

If you are an advanced user, use something like Altrady or 3Commas.

As it is, I will keep an eye on more new bots which are coming in the market and will include which is worthy enough to be listed here on our CoinSutra resources.

Now, it is your turn to let me know how your experience has been with Grid trading. Also, if you know of any other Grid trading bot, do let me know via the comment section below.



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As the Meme Coin Craze Shows No Signs of Slowing Down, Here Are 3 Tokens That Could Explode Next

The meme coin market has taken a hit in recent weeks, with most tokens suffering double-digit value drops.

Investors are now looking elsewhere for returns potential, given the current state of meme coin stalwarts like Dogecoin and Shiba Inu.

However, despite this red wave, several tokens are withstanding the tide and producing stellar results – providing a glimmer of hope for meme coin enthusiasts.

Waning Enthusiasm Hits the Meme Coin Market Hard

Data from CoinMarketCap reveals that total meme coin trading volume is down by 17% over the past day – highlighting the lack of excitement around these crypto assets.

Individual trading volumes are down across the board, with the main culprits being $DOGE, $SHIB, $PEPE, and $FLOKI. All four of these tokens have seen waning interest over the past week – with $DOGE being the only one providing signs of a reversal.

Meme coins seem to be following the market trajectory set by big players like Bitcoin and Ethereum. Both of these coins have posted losses in the past few days, dragging down their peers.

Moreover, the buzz around the meme coin niche has mostly faded with the dramatic fall of popular tokens like $PEPE and $WOJAK.

Investors in these coins have opted to cash in rather than wait for price to bounce back – leading to the dramatic value drops experienced in recent weeks.

Finally, there has also been an evident lack of innovation within the space since the breakthrough of Pepe in mid-April. Although many copycat coins have entered the fray, none were able to match Pepe’s impact, prompting investors to return to more established cryptos.

All told, these factors paint a bleak picture for the meme coin niche in the short term.

Wall Street Memes Ignites Hope After Raising $2.7 Million

Fortunately, several projects have begun to gain traction over the past week – with investors hopeful that they can spark the meme coin market back into life.

Leading the way in this regard is Wall Street Memes ($WSM), a brand-new meme coin from the creators of the ultra-successful Wall St Bulls NFT collection.

In 2021, this NFT collection made headlines when it sold out all 10,000 pieces in 32 minutes and raised $2.5 million.

According to OpenSea, 1,864 ETH worth of these NFTs have been traded since the collection launched – equating to over $3.5 million based on today’s exchange rate.

Picture3

This collection’s incredible success led to the formation of a colossal community around Wall Street Memes, evidenced by the 523,000+ “degens” that follow the official Instagram account.

Wall Street Memes’ community benefits from an indirect link to the WallStreetBets subreddit. This subreddit played a significant role in the GameStop short squeeze, a market-rocking event two years ago

Now, Wall Street Memes’ team is looking to give back to the community by launching the $WSM token – allowing holders to benefit as the community grows.

Early investors can now buy $WSM tokens through the Wall Street Memes presale, which has raised over $2.7 million in just one week.

Clearly, Wall Street Memes stands as a beacon of potential amidst the current meme coin gloom – making it an exciting time to be a $WSM investor.

Visit Wall Street Memes Presale

AiDoge Redefining Meme Coin Landscape After Selling Out $15m Presale

Another meme coin that’s still making headway amidst the current market turmoil is AiDoge ($AI).

As its name suggests, AiDoge is an innovative meme coin that blends artificial intelligence (AI) concepts with a Doge-like theme – creating a unique and intriguing proposition for meme coin enthusiasts.

AiDoge’s flagship feature is its groundbreaking meme generator, which uses cutting-edge AI algorithms to create hilarious images using text-based prompts.

AiDoge users can easily capitalize on trending topics by instantly uploading these images to social media sites like Reddit and Twitter.

Picture4

Per the project’s whitepaper, users can also earn tokenized rewards by uploading their memes to AiDoge’s public wall, where they will be voted on by other community members.

Central to the AiDoge ecosystem is $AI – the project’s native transactional token.

Users must buy $AI to use the meme generator, although many eager investors opted to purchase tokens through the project’s presale phase to gain financial exposure to AiDoge’s growth.

This led to AiDoge’s presale hitting its funding target of $14.9 million – although the development team is offering one final chance for investors to get involved before $AI is listed on major exchanges on June 19.

Investors can buy $AI through the project’s website for $0.0000336, which will be the token’s official listing price.

Visit AiDoge Website

Baby Doge Coin Acts as Beacon of Resilience for Investors

Lastly, Baby Doge Coin is also performing remarkably well, making it one of the few meme coins to post gains in the past week.

Per CoinGecko, Baby Doge Coin is up by 0.5% over the past seven days. Although this is a minor value increase, it’s a far cry from the sharp price drops experienced by most projects in the meme coin niche.

Moreover, $BABYDOGE is now the fifth-largest meme coin in the world, according to CoinMarketCap, boasting a market cap of nearly $300 million.

Picture5

Naturally, most of the hype surrounding Baby Doge Coin is fuelled by its branding. Although it has no direct link to the Dogecoin project, many meme coin investors are opting to purchase tokens to capitalize on the association with $DOGE.

However, Baby Doge Coin is distinguishing itself with a focus on real-world utility. The project offers a custom-built DEX that allows community members to swap any token on the Binance Smart Chain.

Ultimately, the steady performance and rise in market cap of $BABYDOGE indicate that it’s captured the attention of meme coin lovers – making it an intriguing contender within the market.

Disclaimer: The above article is sponsored content, and it’s written by a third-party, and is intended for promotional purposes only. It does not represent the opinions or the views of CryptoPotato, and nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above sponsored content.

Readers are also advised to read CryptoPotato’s full disclaimer.

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Is Leverage Trading Crypto Legal in the US?

beginner

Bitcoin and cryptocurrency trading have gained immense popularity in recent years. But what about margin trading? Is it legal in the US? Margin trading allows traders to borrow funds to increase their trading power, potentially leading to higher profits. However, it also involves higher risks. The legality of margin trading in the US is a complex issue, so, If you’re considering engaging in this type of activity, it’s crucial to understand the legal landscape and potential risks involved. In this article, we’ll explore the legality of margin trading in the US, including the regulations and restrictions in place, and provide some tips to help you navigate this complex terrain.

What Is Margin Trading?

Margin trading is a more advanced strategy that allows cryptocurrency traders to open positions with more funds than they actually have. It works by borrowing funds from a broker or an exchange. Essentially, a trader deposits a certain amount of funds as collateral, and the platform lends the trader additional funds to increase their buying power, allowing them to take larger positions than they would be able to otherwise.

One of the main benefits of margin trading is the ability to increase profit potential. With leverage, traders can amplify their gains by taking larger positions in the market. This is particularly useful in the highly volatile world of cryptocurrencies, where prices can fluctuate rapidly, and traders can earn higher profits through well-timed trades.

Risks Associated with Margin Trading

Margin trading can be an effective tool for experienced traders to amplify their profits in the highly volatile cryptocurrency market. However, the use of leverage also exposes traders to potential risks and losses. In this section, we will outline various risks associated with margin trading in the US and provide insights on how traders can mitigate these risks to improve their chances of success.

Leverage trading of crypto assets is accessible to traders in the USA, offering the opportunity to magnify potential gains or losses through borrowed funds.
Engaging in Bitcoin leverage trading in the USA comes with inherent risks, requiring traders to carefully manage their exposure.

The Horrendous Margin Calls

Margin trading can be an effective strategy for experienced traders looking to amplify their gains in the crypto market. However, it comes with a significant level of risk and responsibility. One of the most feared aspects of margin trading is the margin call.

A margin call occurs when the value of a trader’s assets falls below the minimum margin requirement set by the exchange. This minimum requirement is the lowest amount of equity that a trader needs to maintain in their account relative to their leveraged position. If the value of the underlying asset decreases significantly, the equity in the trader’s account may no longer meet the minimum margin requirements.

When a margin call is triggered, the trader will receive a notification from the exchange to add more funds to their account to maintain the minimum margin requirement. If the trader fails to top up their account, the exchange may liquidate their position, selling off their assets to cover the margin requirements.

This can be a devastating blow, resulting in significant losses that can wipe out a trader’s entire account. To avoid being caught in a margin call, it’s essential for traders to have a solid understanding of the margin requirements and to implement risk management strategies.

One of the risk management strategies is to always set stop-loss orders to prevent significant losses. Additionally, traders can consider using lower levels of leverage and trading only with funds that they can afford to lose in case of a margin call.

It’s worth noting that margin calls are not exclusive to crypto trading. They occur in traditional markets as well, and the consequences can be just as severe. Therefore, traders must always practice caution and employ strategies that minimize risk while maximizing gains.

Liquidation of Collateral

When engaging in margin trading, it’s important to understand the concept of collateral and how it factors into the liquidation process. When a trader opens a leveraged position, they must deposit collateral. This collateral serves as a guarantee that the trader can cover their potential losses.

If the value of the trader’s assets begins to decline and falls below the minimum margin requirement set by the exchange, they may receive a margin call. This means that they’re required to add more collateral. Otherwise, they risk having their position liquidated.

Liquidation occurs when a trader’s collateral can no longer cover their losses, and the exchange or brokerage closes their position and sells their collateral to repay the borrowed funds. In simpler terms, this means that the trader’s assets are sold off to help offset their losses.

The process of liquidation is commonly influenced by exchange policies and the trader’s actions. The exchange will have specific policies and procedures in place to determine when a trader’s position should be liquidated. These policies will usually depend on factors such as minimum margin requirements, the volatility of the assets in question, and the amount of leverage used.

Speaking of a trader’s actions, they can also contribute to the likelihood of their position being liquidated. For example, if a trader uses significant leverage or if they fail to maintain adequate collateral in their account, they’re at a higher risk of having their position liquidated.

Regulations Around Leverage Trading Crypto for US Citizens

Margin trading has increasingly become popular within the cryptocurrency market. However, being a high-risk financial product, this type of trading is subject to strict regulations, especially in the US.

US citizens who wish to participate in margin trading of cryptocurrencies must do so on regulated exchanges that comply with the guidelines set forth by supervisory authorities such as the Commodity Futures Trading Commission (CFTC) and National Futures Association (NFA). These include licensed futures commission merchants (FCMs) and registered introducing brokers (IBs) who offer leverage trading.

The CFTC has classified cryptocurrencies, including Bitcoin and Ethereum, as commodities, hence ensuring that they fall under the jurisdiction of their regulatory mandate. This regulatory body has enacted several regulations that exchanges must follow to operate as legitimate margin trading service providers for US citizens.

Furthermore, regulated exchanges must provide clear guidance on specific margin requirements and maximum leverage limits for each trading pair. This information helps traders make informed decisions about the risks of margin trading and their potential losses when participating in the cryptocurrency market.

What Are the Fees Related to Crypto Margin Trading in the USA?

One of the main fees associated with margin trading is platform fees. These fees cover the cost of using the platform and the margin trading service provided by the exchange. Some exchanges charge a percentage of the trade amount as a fee, while others charge a fixed rate. Traders should research the platform fees for their chosen exchange and take them into account when making margin trades.

In addition to platform fees, traders may also incur liquidation fees. Liquidation fees are charged if a margin position is closed due to a lack of funds or margin maintenance. These fees can vary depending on the exchange and the size of the position.

Traders should also consider the corresponding network and transaction costs associated with the underlying blockchain. These costs are not directly related to margin trading fees, but they can impact the overall cost of margin trading. Blockchain network fees are charged for transacting on the blockchain and are often dynamic and depend on network congestion.

How to Margin Trade in the USA?

People often ask if they can leverage trade crypto in the US. The answer is yes, but it’s not as easy as in other countries due to strict regulations. Only a few exchanges with a FinCEN Money Service Business license, such as BitMart, can offer margin derivatives products. Obtaining this license subjects service providers to intense regulatory scrutiny, which many platform owners find not worth the hassle. Some opt to open off-shore exchanges with fewer hurdles to pass. To trade digital assets in the United States, you need to know which exchange offers the right product under the right regulation. Check out our list of the best crypto margin exchanges in the USA further down in this guide for our top picks.

Kraken.com – Overall Best Crypto Leverage Trading Platform

Traders in the USA can participate in crypto leverage trading, which enables them to amplify their trading positions using borrowed funds.
Crypto margin trading is available for traders in the USA, with several platforms allowing them to trade cryptocurrencies on margin.

If you are a US citizen interested in margin trading cryptocurrencies, Kraken.com is the platform for you. Kraken is a leading crypto exchange and margin broker that provides users with a high level of security, a user-friendly interface, a variety of trading pairs, and low trading fees.

Security is a top priority for Kraken, which is why they employ a number of measures to keep user funds and personal information safe. Kraken uses two-factor authentication, SSL encryption, and cold storage to protect user accounts and ensure the integrity of data.

Kraken’s trading interface is easy to use and navigate, making it ideal for both experienced traders and beginners. The platform offers a wide range of trading pairs with fiat currencies and cryptocurrencies, allowing traders to diversify their portfolios and take advantage of market opportunities.

In terms of fees, Kraken charges some of the lowest trading fees in the industry. Besides, Kraken offers a variety of margin trading options, including small leverage, which provides a level of protection against potential losses, as well as larger trade positions with up to 5x leverage. This allows traders to choose the leverage most suitable for their trading strategy and risk profile.

Pro.Coinbase.com – The Coinbase Margin Broker Platform

Pro.Coinbase is considered one of the best margin trading platforms available in the US, offering a comprehensive range of features to traders.

Pro.Coinbase.com is a margin trading platform offered by Coinbase, one of the most popular crypto exchanges in the United States. As a margin broker, Coinbase offers users the ability to amplify their trading power by borrowing funds from the platform.

One of the key features of the Coinbase margin trading platform is the range of trading pairs available to users. This includes cryptocurrency pairs such as BTC/USD and ETH/BTC, as well as fiat currency pairs like USD/EUR and USD/GBP.

To begin margin trading on the Coinbase platform, users must meet certain margin requirements depending on the trading pair they select and the level of leverage the trader wants to use.

Coinbase offers traders a range of leverage options, with the maximum leverage being 3x. This may be lower in comparison to other margin trading platforms, yet these conditions can still be enough for traders to increase their returns.

When it comes to trading fees, Coinbase charges a maker-taker fee of up to 0.5% for margin trades. There is also a minimum deposit amount of $10, which is relatively low compared to other margin trading platforms.

One unique aspect of the Coinbase margin trading platform is the availability of educational resources and tools for margin traders. These resources include articles, videos, and webinars that cover multiple topics, including trading strategies and risk management.

Poloniex – One-Stop Shop for Crypto Margin Trading

Poloniex is a prominent exchange that provides opportunities for leverage crypto trading in the USA, enabling traders to maximize their potential returns.
Poloniex is one of the US crypto exchanges that offers leverage trading.

Poloniex Margin Trading is a popular feature of the Poloniex cryptocurrency exchange that allows users to trade with borrowed funds, giving them a chance to potentially increase their returns on investments. The platform offers a range of features and benefits but also has some drawbacks that users should be aware of.

One of the most enticing features of Poloniex Margin Trading is the range of cryptocurrency pairs available for trading (e.g., Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and other popular cryptocurrencies).

Margin requirements on Poloniex vary depending on the trading pair and leverage. The platform offers leverage options from 2.5x to 5x. Apart from inherent risks, users should also be aware of the potential drawbacks of margin trading on Poloniex. The platform does not offer fiat currency pairs, meaning that users must already possess crypto to initiate a margin trade.

In terms of trading fees, Poloniex charges a maker-taker fee of up to 0.125% for margin trades.

As we said previously, margin trading is regulated by the relevant supervisory authority in the US, ensuring that traders have access to a secure and transparent trading environment. However, traders need to do their own research and choose reputable platforms that offer fair margin requirements, competitive trading fees, and an array of complex order types and advanced trading interfaces.

Best Cryptocurrency/Bitcoin Margin Trading Tips

Margin trading allows traders to amplify their trade positions using borrowed funds, which can lead to significant profits as well as losses. It requires skill, knowledge, and a clear risk management plan. In this section, we will provide some of the best cryptocurrency and Bitcoin margin trading tips to help traders navigate the complexities of leveraged trading and maximize their returns while minimizing risks.

1. Always Start with Small Amounts

When it comes to trading cryptocurrencies on margin in the US, it’s always important to remember that this is a high-risk, high-reward endeavor. One key way to mitigate potential losses and minimize risk is to always start with small amounts.

Starting with small amounts can help inexperienced traders get a feel of the market and understand the mechanics of leverage trading without risking too much capital upfront.

2. Don’t Go All-In at Once

One common mistake that beginners make when entering the world of margin trading is putting all their investments into one position. While this can seem like a logical decision, as it increases the potential rewards of a successful trade, it also introduces significant risks that can lead to substantial losses if the trade goes south.

The consequences of such a decision can be severe, as a failed position can result in the liquidation of collateral, further compounding financial losses. In extreme cases, traders can lose everything they have in one catastrophic trade, unable to recover the funds they initially invested.

Starting with small amounts and developing a disciplined approach to cryptocurrency margin trading can help avoid this scenario. Traders should consider diversifying their holdings across multiple currencies and assets, building up positions over time. Not only does this reduce overall risk but also increases the chances of success in the long run.

Several successful traders have espoused the importance of patience and discipline in margin trading. For example, legendary investor Warren Buffet famously said,

“Rule No. 1: Never lose money. Rule No. 2: Never forget rule No.1.”

In the crypto sphere, trader Nick Leeson, who made millions in the early days of Bitcoin, advises traders to “control their emotions and trade with discipline” to succeed in the high-risk world of crypto margin trading.

3. Don’t Disregard Volatility

Cryptocurrencies are inherently volatile assets, with their prices fluctuating dramatically over short periods of time. When combined with leverage, this volatility can be amplified, resulting in greater potential rewards and higher risks.

In margin trading, traders borrow funds from the exchange to magnify their returns on a particular trade. However, this also means that losses can be equally amplified, and rapid decreases in the market can lead to margin calls and the liquidation of positions.

To manage this risk, it is important for traders to establish clear risk management strategies. One approach is to set stop-loss orders, which automatically close a position if the price of an asset falls below a certain threshold.

Another strategy is to diversify investments across multiple currencies and trading pairs, reducing overall exposure to one asset. This is particularly important in the highly dynamic crypto market, where new assets and trends can emerge rapidly and impact prices unpredictably.

Crypto Margin Trading in the USA: FAQ

Can US traders use leverage?

Yes, US traders have access to leverage when trading certain financial instruments, such as futures contracts, options, and margin accounts offered by regulated brokers. However, the availability and specific regulations surrounding leverage may vary depending on the financial product and the broker/platform being used.

Can US citizens trade crypto on margin?

Yes, US citizens can trade cryptocurrencies on margin. Some cryptocurrency exchanges and trading platforms, both within and outside the United States, offer margin trading services to eligible users, including US citizens. It is essential to comply with the regulations imposed by the specific exchange and to meet its requirements, such as minimum equity thresholds or verification processes.

Can US citizens margin trade on Kraken?

Yes, US citizens can engage in margin trading on Kraken. Kraken is a well-known and reputable cryptocurrency exchange that provides margin trading services to eligible users, including those from the United States.

Can you short crypto in the USA?

Yes, shorting cryptocurrency is possible in the USA. Short selling allows traders to profit from a decline in the price of a cryptocurrency by borrowing and selling it with the intention of buying it back at a lower price in the future to cover the borrowed amount. However, it is essential to conduct short selling through platforms or brokers that comply with regulations and requirements set by relevant financial authorities in the United States.


Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

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Top 10 Play To Earn Games Of 2023 | ZebPay

In recent years, the rise of blockchain technology has given birth to a new trend in the gaming industry: play-to-earn (P2E) crypto games. These innovative games allow players to not only enjoy immersive gaming experiences but also earn real-world rewards. By participating in these games, players can turn their gaming skills and time into tangible value. In this article, we will explore the top 10 play-to-earn crypto games that are making waves in 2023.

Introduction about Play to Earn

A play-to-earn (P2E) game is a type of video game that allows players to earn real-world rewards. In traditional video games, players invest time and effort into playing, but the rewards are limited to in-game achievements or virtual items. However, in play-to-earn games, players can convert their in-game achievements into rewards that can be traded outside of the game.

In P2E games, players are incentivized to engage in various activities within the game, such as completing quests, battling opponents, owning virtual assets, or contributing to the game’s ecosystem. By doing so, they can earn cryptocurrencies or NFTs that have real-world value. Play-to-earn games not only offer players the opportunity to earn income or valuable assets but also foster vibrant communities and economies within the gaming ecosystem.

Top 10 Best Play to Earn Crypto Games in 2023

Decentraland

Decentraland takes the top spot on our list. This popular crypto gaming platform allows users to play games, own virtual land, and earn NFTs. By buying and selling plots of land, players can create and monetize various structures, such as houses, parks, and art galleries. Additionally, Decentraland offers opportunities for players to host events and earn income from other participants.

  • Pro: Players have the opportunity to own virtual land and real estate properties as NFTs. These can be bought, sold, and monetized, offering the potential for long-term income.
  • Con: The initial cost of acquiring virtual land or desirable NFTs in Decentraland can be high, making it less accessible for players with limited resources.

Tamadoge

Tamadoge is a high-potential investment game

 inspired by the 1990s hit Tamagotchi. Players nurture, feed, and train their Doge-themed pets, called Doges, and earn rewards in the form of the native token TAMA. The game’s NFT pets have already gained popularity on OpenSea.

  • Pro: Tamadoge’s NFT pets have gained popularity, with the potential for high-value collections and rewards, making it an attractive investment opportunity.
  • Con: Being a new game, there may be uncertainties or risks associated with its long-term sustainability or player adoption.

The Sandbox

The Sandbox is a multiplayer metaverse game that combines creativity and monetization. Players can create and sell their own NFTs, including virtual worlds, buildings, and art. The Sandbox has already attracted partnerships with renowned names in entertainment, making it a promising platform for players to monetize their creations.

  • Pro: Players can create and sell their own NFTs, including virtual worlds, buildings, and art, providing opportunities for creativity and monetization.
  • Con: The Sandbox is still in the earlier stages of development, which means that certain features and functionalities may be limited.

Read more: What is the Sandbox

Axie Infinity

Axie Infinity is a renowned Ethereum-based game where players battle with pets called Axies. By collecting and training these NFT creatures, players can compete against others and climb the ranks. Axie Infinity’s gameplay requires strategic decision-making, as different environments call for different strategies to succeed.

  • Pro: Players can compete with their pets (Axies) and climb the ranks, offering a competitive and rewarding gameplay experience.
  • Con: Acquiring high-quality Axies can be expensive, potentially creating a barrier to entry or disadvantaging players with limited resources.

Gods Unchained

Gods Unchained is a decentralized trading card game that enables players to compete, trade, and earn money. The game provides free cards to new players, allowing them to get started without any upfront costs. By participating in battles and tournaments, players can showcase their tactical skills and earn rewards in digital currencies.

  • Pro: New players receive free cards, allowing them to start playing and participating in battles without the need for upfront investment.
  • Con: Acquiring rare and powerful cards in Gods Unchained can be challenging. They may require significant time or financial investment to compete at higher levels.

Illuvium

Illuvium is an upcoming crypto game that combines RPG action and planetary exploration. Players capture and train powerful creatures called Illuvials, which they can use to compete in PvP gameplay and complete missions. The game’s interplanetary encounters offer thrilling gameplay experiences.

  • Pro: Players can capture and train powerful creatures called Illuvials, offering exciting interplanetary encounters and strategic gameplay opportunities.
  • Con: As an upcoming game, the full features and gameplay experience of Illuvium may not be fully realized or available at the time of writing.

Splinterlands

Splinterlands is a player-vs-player card game based on the Hive blockchain. Players engage in battles against monsters and earn Dark Energy Crystals (DEC), the in-game currency. Winning battles increases the amount of DEC owned, providing players with the opportunity to earn more from the game.

  • Pro: Winning battles in Splinterlands earns players Dark Energy Crystals (DEC). This provides an opportunity to accumulate wealth by participating in PvP card battles.
  • Con: The competitive nature of the game can make it challenging for new players to succeed without a significant investment of time or money to build a strong card collection.

Battle Infinity

Battle Infinity is an upcoming metaverse game that offers unique gaming mechanics and multiple benefits. Players can engage in fantasy sports games integrated with the metaverse, own unique avatars, and explore various platforms and NFT games within the Battle Infinity ecosystem.

  • Pro: Battle Infinity combines unique gaming mechanics with a virtual world, offering players multiple benefits and opportunities to explore different platforms and NFT games.
  • Con: As an upcoming game, the full scope of features and benefits offered by Battle Infinity may not be fully realized or disclosed.

Star Atlas

Star Atlas is a Solana-based strategy game that immerses players in a vast space exploration metaverse. With territorial conquest, political domination, and NFT utilization, Star Atlas redefines what can be expected from a play-to-earn game. The game leverages NFTs and features a dual-token system with native governance and utility tokens.

  • Pro: Star Atlas offers an immersive space exploration metaverse with NFT utilization and a dual-token system, providing a rich and unique gaming experience.
  • Con: The destruction of resources used to create objects in Star Atlas due to deflationary mechanics may lead to scarcity. This can also potentially limit certain gameplay aspects.

Spells of Genesis

Spells of Genesis is a free play-to-earn puzzle game compatible with multiple blockchains. Players can collect more than 300 blockchain cards and earn crypto tokens that can be converted into cash. The game offers a rewarding play-to-earn mechanism, allowing players to benefit from their time spent playing.

  • Pro: Spells of Genesis offers a play-to-earn mechanism, allowing players to earn tradeable crypto tokens. This provides a consistent and tangible reward for their time spent playing.
  • Con: The compatibility with multiple blockchains may introduce complexities or limitations in terms of interoperability or ease of use for players.

Conclusion

The world of play-to-earn crypto games continues to evolve and provide exciting opportunities for players to earn real-world rewards while enjoying immersive gaming experiences. From virtual land ownership and trading card battles to creative metaverse platforms and NFT-powered adventures, these top 10 play-to-earn crypto games in 2023 offer a diverse range of gameplay and earning potential. Whether you’re a seasoned gamer or new to the crypto gaming scene, exploring these games can open up a world of possibilities for both fun and financial gain.

Read more: Play to Earn vs Move to Earn

You can read more about Crypto, Blockchain and Web 3.0 on ZebPay Blogs. Click on the button below and join the millions trading on ZebPay.

Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Each investor must do his/her own research or seek independent advice if necessary before initiating any transactions in crypto products and NFTs. The views, thoughts, and opinions expressed in the article belong solely to the author, and not to ZebPay or the author’s employer or other groups or individuals. ZebPay shall not be held liable for any acts or omissions, or losses incurred by the investors. ZebPay has not received any compensation in cash or kind for the above article and the article is provided “as is”, with no guarantee of completeness, accuracy, timeliness or of the results obtained from the use of this information.

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Crypto Exchange BTSE Offers State-of-the-Art Futures Trading Platform, Introduces Fiat Card: Review

As the cryptocurrency industry recovers from a prolonged recession, the demand for reliable trading platforms is surging at an increased pace. BTSE (short for “Buy, Trade, Sell, Earn”) offers an all-in-one crypto ecosystem for traders, stakers and even blockchain developers.

Its revamped >35% referral commission program, futures copy trading platform, and grid bot trading feature are designed to cater to the next generation of crypto traders. Additionally, its EUR-based debit card solution, “BTSE Card,” is expected to launch soon, to enable users to spend their crypto earnings in real-life scenarios.

BTSE caters to newbies and pro traders alike

Since its launch in 2018, the BTSE crypto exchange has combined user-friendliness and high trading performance, with the ethos of operating as a boutique crypto trading platform. BTSE’s simple, clean mobile app offers one of the most intuitive experiences for traders on the go. Meanwhile, BTSE’s trading engine and desktop platform, built by seasoned programmers and traders from the world’s leading investment banks, offer an unparalleled experience for more advanced users.

Notable features at BTSE include:

  • BTSE is a Tier-1 cryptocurrency futures trading platform, ranking 7th for futures on CoinGecko;
  • BTSE currently offers more than 70 futures contracts encompassing a wide range of cryptocurrencies including BTC, ETH, MATIC and MASK, among others ;
  • BTSE offers up to 100x leverage for futures contracts;
  • BTSE offers advanced trading tools that include TWAP, OCO, algorithmic index orders, hidden orders, margin calls, etc;
  • All instruments on BTSE are available in more than 20 languages;
  • The BTSE mobile app, which offers trading on the go, is available on both the App Store and Google Play Store and offers convenient login options such as Google Login and QR code scanning;
  • BTSE does not only operate a crypto exchange, but also runs a B2B white label solutions arm, BTSE Enterprise Solutions, which enables entrepreneurs to build their own cryptocurrency exchanges by leveraging BTSE’s award-winning trading technology and infrastructure;
  • The platform’s easy-to-use staking solutions offer APYs of up to 9% for U.S. Dollar Tether (USDT) deposits, a welcome boon for buy-and-hold investors;
  • The exchange will soon release BTSE Card, a EUR-based debit card that can be topped up using cryptocurrencies.

In addition to the above,  BTSE is constantly increasing  the range of assets available for trading, while adding support for new blockchains and tokens. The platform employs cutting-edge security measures, most of which were developed in-house, to ensure the complete security of  customers’ funds. The platform has observed zero downtime since its launch.

Introducing BTSE, a next-gen futures exchange for mainstream audiences

BTSE combines the benefits of a user-friendly trading platform with disruptive technology. This combination has enabled BTSE to evolve into a go-to crypto futures trading platform for millions of users from all over the globe.

BTSE: The Basics

Launched in 2018, BTSE is a cryptocurrency futures trading platform. It facilitates the secure and anonymous exchange of Bitcoin (BTC), U.S. Dollar Tether (USDT) and over 130+ cryptocurrencies.. Originally founded by an elite team of Wall Street traders and programmers, the company champions a “technology first” approach. Today, under the leadership of CEO Henry Liu and COO Jeff Mei, BTSE is being steered towards new horizons.

Image by BTSE

Apart from operating as a trading platform for end users, BTSE operates a B2B arm, BTSE Enterprise Solutions, that offers white label blockchain solutions for companies seeking to roll out their own crypto exchanges.

The platform’s innovative nature has not gone unnoticed: the exchange received the prestigious 2022 Best Crypto Trading Technology award by Entrepreneur.com.

BTSE is available as a web interface and also via mobile app for iOS and Android-based smartphone devices.

BTSE: Advanced futures trading for everyone

BTSE’s feature-rich and high-performance futures trading platform is a core element in the BTSE ecosystem. Thanks to its cutting-edge tech and infrastructure, the platform supports up to one million trades per second. Because all of its systems are developed and hosted in house, BTSE boasts a solid track record of zero downtime since its founding. BTSE was the first mainstream trading platform to offer its customers an all-in-one multi-currency order book, meaning that liquidity for different trading pairs for a particular base currency is combined, i.e. orders for BTC/USD and BTC/JPY are combined into one book. As a result, BTSE offers far deeper liquidity when compared to exchanges which use order books based solely on one currency.

BTSE

Image by BTSE

The platform offers advanced charting tools for seasoned traders and sophisticated order types: time-weighted average price (TWAP) orders, one-cancels-the-other (OCO) orders,  algorithmic index orders, hidden orders etc. To make futures trading predictable and frictionless, BTSE implemented automated and customizable margin call notifications. Customizable alerts are designed to mitigate the liquidations for BTSE traders. Also, the exchange pioneered multi-asset collateral and settlement, making for a more fluid trading experience.

To enhance flexibility and risk control, BTSE offers a maximum 100x leverage for futures trades.

BTSE: Newbie-friendly staking solutions with up to 9% APY on stablecoins

Cryptocurrency staking has gained traction as one of the most reliable and newbie-friendly ways for earning passive income in crypto. With staking, the user just locks his or her tokens and obtains periodic rewards proportional to the amount of funds locked.

With BTSE Earn, an easy-to-use cryptocurrency staking dashboard, users can inject their liquidity into fixed and flexible staking programs. In the fixed savings module, users are invited to lock USDT with 9% APY, and Bitcoin (BTC) with 2.75% APY; staking altcoins on BTSE offers yields of up to 37%. Seven (7-), 14-, 30-, 60- and 90-day staking programs are available for BTSE users.

image-20230602101157-3

Image by BTSE

Also, in a flexible savings program, users can stake USDT at an APY of 7% with the opportunity to redeem their stakes at any moment without losing rewards, as interest is awarded and compounded daily. Last but not least, in BTSE’s Lending module, users can earn interest by lending fiat-pegged assets (wHKD, wUSD, wEUR and so on) to the BTSE capital pool.

BTSE: Compliance and fiat card plans

Since the early days of its operations, BTSE has been focused on regulatory compliance to protect user  funds. As of Q2, 2023, the platform is licensed in Lithuania and Liechtenstein,  both European countries that are among the key global fintech hubs. A number of license applications are pending for BTSE in Europe and Asia.

In the coming months, the exchange is set to release the BTSE Card. This will be a full-fledged debit card with support for deposits in Euro (EUR) With this strategic offering, BTSE will be able to offer its users a convenient and reliable channel for crypto-to-fiat conversion.

BTSE: Tech solution for white label services

Besides its impressive toolkit for end users (both corporate and retail traders), BTSE runs a B2B unit named BTSE Enterprise Solutions, which is focused on building white label solutions for crypto entrepreneurs.

With BTSE’s white label solutions, developers do not need to build their cryptocurrency exchanges from scratch. They can instead take BTSE’s battle-tested technology and customize it to the needs of their respective business strategies to launch their offerings more quickly.

With this offering, BTSE can streamline the development  process for novel crypto services to optimize resource efficiency. BTSE Enterprise Solutions also supports its customers in areas where technical and marketing expertise are required.

Closing thoughts

Boutique cryptocurrency exchange BTSE guarantees low-fees, secure and fast futures trading for traders across various trading literacy levels. Its staking, lending and saving programs allow crypto users to benefit from their deposits, offering APYs of up to 9% on stablecoins, 2.85% on Bitcoin (BTC) and 37% on altcoins.

It will be interesting to see what else this tech-focused boutique crypto exchange rolls out in the near future. Crypto enthusiasts can check out BTSE website, follow the platform in Telegram and Twitter, join the discussions in Discord and track its content on YouTube.



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