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Draper Goren Holm Backed PLENTY Defi Brings Exponential Growth to Tezos

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Decentralized Finance on the Tezos blockchain has seen exponential growth over the past few months with Plenty DeFi leading the charge in terms of TVL (Total Value Locked) of around $60 million dollars, $2 million dollars daily trading volume, as well as the most contract calls of any DeFi dApp on Tezos according to DappRadar.

Today, the project was listed on CoinMarketCap and Coingecko simultaneously after becoming one of the first Tezos tokens to get listed on centralized exchange Bitforex last week.

Plenty comes at a perfect time as gas fees on the Ethereum network make it nearly impossible for new users to experience the power of decentralized finance and all that it brings. This latest DeFi gem is brought to you by a collaboration between Tezsure and DGH Labs, a Dubai-based Blockchain incubator powered by Draper Goren Holm.

$PLENTY’s purpose stems from a variety of different use cases defined in the roadmap, though its first applications will be swapping, yield farming, and staking.

“Liquidity is the backbone of DeFi. Plenty incentivizes liquidity providers from other chains to try Tezos; the most technologically advanced of all blockchains to date with near-zero fees and on-chain governance,” said Tezsure co-founders Om Malviya and Bernd Oostrum.

Those who hold xPlenty will govern the community with votes on new features, token burning, and general direction. Neither Tezsure nor DGHLabs will have exclusive control over the direction the platform will be taking.

Josef Holm, Founding Partner at Draper Goren Holm, said, “I hope Plenty creates that initial snowball effect for DeFi in onboarding capital from other networks to Tezos. Plenty was designed with the modern-day user in mind, taking advantage of the network’s low gas fees and energy efficiency by design – it’s perfect for the next wave of mass adopters.”

DGH Labs is a Dubai-based blockchain incubator powered by Draper Goren Holm – a leading venture studio and fund by Tim Draper, Alon Goren, and Josef Holm. The push towards Tezos came after a fervent interest from its ecosystem and external sources. At press time, Tezos was trading for $7.1 with a total market cap of $6.09 billion. The latest bear run impacted the daily trading volume by bringing it down by a whopping 24 percent.

Solana [SOL] Switches Direction as Bear Market Dawns On New Week

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The cryptocurrency market’s fluctuations on the charts resulted in a massive pushback in terms of market cap. Over the past few weeks, virtual assets have witnessed bull runs that elevated several low-lying coins into the top echelons of the chart. Solana, which had a tremendous September start, saw its price and market cap diminish by double digits.

At press time, Solana was trading for $158.2 with a total market cap of $46.72 billion. The ongoing 12 percent price drop contributed to the daily trading volume’s fall. On Monday, $4.6 billion worth of Solana was traded across all cryptocurrency exchanges. Solana’s next competitor Polkadot was some ways away from holding a market cap of $33.812 billion.

Solana 1 hour:

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Solana [SOL] Switches Direction as Bear Market Dawns On New Week 3

Solana’s hourly drop was evident on the graph as the latest green candles conducted their rescue efforts. Holders of the cryptocurrency looked for bullish signs which were eventually answered by three consecutive green candles.

Relative Strength Index: SOL’s RSI climbed back into the oversold zone with the graph tending upwards. As more users hold onto their assets, the RSI is expected to rise to earlier highs.

Parabolic SAR: The markers moved below the candles after the bull’s entry into the Solana market. Hourly gains need to be noted routinely to check if the momentum persists.

Bollinger bands: The upper Bollinger band and the lower Bollinger band moved towards one another after a large cloud expansion. As the candles stayed inside the bubble, it was safe to assume Solana’s price would be held up in the short term.

Solana 1 day:

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Solana [SOL] Switches Direction as Bear Market Dawns On New Week 4

The latest crash seems to have wiped all of Solana’s September gains in one fell swoop. This change in the pattern comes after almost a month of meteoric gains by the seventh-placed cryptocurrency.

Parabolic SAR: The markers shifted to the top of the candles as a definite bear market took over. This was further evidenced by the creation of 5 consecutive red candles.

Bollinger bands: Solana saw the creation of the largest Bollinger cloud in its history during its all-time high formation. The new price action forced the lower band to move upwards to close the mouth of the cloud.

Relative Strength Index: After peaking over the overbought line, Solana was brought back sharply into the trading zone. This was the first clear indication of more users selling their SOL tokens rather than buying more.

Bololex Adds Another Feather to Cap as Staking Features Take Spotlight

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As the world of digital assets continues its rapid growth, several entities in the industry have begun upping their game. With updates and blockchain developments intrinsic to the positive movement of cryptocurrencies, companies like Bololex have taken charge at the helm. The cryptocurrency exchange platform made a name for itself because of its low transaction fees, focus on privacy, and excellent service sphere.

Bololex claimed that the ever-changing landscape of the cryptoverse kept the exchange on their toes, enabling them to come up with innovative ideas. Since its launch, Bololex has built a strong relationship with the client base which in turn brings in recurring customers. The cryptocurrency exchange further extended its reach in the field by partnering with TWJ News, a leading cryptocurrency news portal.

Bololex’s focus on privacy and security also made it a fan favorite amongst cryptocurrency users. This was put on a show recently when the exchange updated its trade verification steps to ensure smooth processing. Customers were first required to join the Bololex channel and receive the verification code through the Bololex Bot. this code had to be used in the verification window to ratify the process, making it difficult for hackers to get into user funds.

The exchange also set the crypto world buzzing with the launch of its native staking program. According to Bololex:

“Bololex staking is an awesome and simple way to increase your savings without completing additional actions on your side, as we will do it for you. Instead of leaving your crypto assets sitting in your wallet, just stake them on our platform, earn rewards and maximize your holdings.”

Bololex users have the option of staking multiple tokens such as BOLO, CREED, C20, TFT, BONUS, and DPC. The staking duration ranges from 30 days to 360 days where the reward percentage also changes. While the reward percentages for BOLO were 5%, 12%, and 30% respectively, the other tokens had their own variance. Staking tokens has picked up in a big way with users trusting exchanges with solid reward systems.

It was also coincidental that TWJ’s own token can also be staked for user’s benefits. TWJ Coin acts as a medium of exchange for writers if they wish to sell their articles on the website. Every new integration has come with its wave of new investors and that has been the case with staking as well. Bololex’s lucrative reward percentages and periods are set by the owners with the final amount being sent directly once the period ends. One of the standout features offered by Bololex was that an individual has the option to opt-out of the staking program as and when they choose.

The updates mentioned above were just the tip of the iceberg in terms of Bololex’s future roadmap. With the company also looking at expanding its gaming pool, users can be assured that the market was attempting to move to bullish pastures.

Latin America’s bitcoin profile on the rise thanks to Mexico and El Salvador

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Bitcoin has been making its way further into the mainstream this year as the price of the flagship cryptocurrency has soared. While the price is off its peak of more than USD 63,000, the bitcoin bulls are still optimistic about the trajectory of the market for the near future. A couple of key catalysts for the bullish outlook are stemming from the Latin American region. In Mexico, one cryptocurrency startup just achieved unicorn status, while El Salvador is looking to make bitcoin legal tender.

In Mexico, a bitcoin trading platform called Bitso has recently attracted USD 250 million to its coffers in a funding round that catapults the startup’s valuation above USD 1 billion, giving it the coveted and rare unicorn status in the country.

Given the emerging nature of the cryptocurrency and blockchain space, being crowned a unicorn is a major achievement and a testament to the willingness of venture capitalists to direct funds in the direction of the bitcoin market. El Salvador, meanwhile, has become the talk of the town after announcing that it wants to make bitcoin a legal payment method.

El Salvador’s Bitcoin Push

El Salvador has been a bright spot in the cryptocurrency market even as the bitcoin price has fallen from its highest level of the year. During a bitcoin conference in Miami, Fla. in early June, El Salvador President Nayib Bukele became the main event when he announced via a video that the country is looking to make bitcoin legal tender.

The government has teamed up with Chicago-based blockchain startup Strike to prepare the payment infrastructure for the shift to digital currencies. President Nayib touted the adoption of bitcoin as legal tender as key to streamlining the process for the Salvadoran diaspora living abroad to send remittances to households in their home country.

Remittance payments are a major part of the country’s economy and represent almost one-quarter of its GDP, affecting some 360,000 families. Migrants sent USD 5.92 billion in remittances to El Salvador during the pandemic year. The flow of money transfers to Salvadoran families slowed down at the height of the pandemic, mainly April 2020 when remittances plummeted 40%, before picking up again mid-year.

El Salvador’s bitcoin push is facing some potential regulatory hurdles from the very organization that it looked to for help during the height of the pandemic. The International Monetary Fund (IMF) is not sold on the Latin American nation’s plans to make bitcoin a legal payment method, saying that it is worried about the legal and economic ramifications. IMF officials will continue to engage with Salvadoran officials about the bitcoin initiative.

Meanwhile, the bitcoin proposal could throw a wrench into a separate agreement between El Salvador and the IMF in which the regulatory body was poised to provide a USD 1 billion loan program to the country. The IMF also provided emergency funding to the nation during the pandemic year separate from the loan that it has most recently requested.

While there are still regulatory hurdles that El Salvador will have to jump through in order to make this change, the sentiment is viewed as being extremely bullish for the bitcoin price. Not only that, but market watchers suggest that Central America’s smallest country has the potential to influence other nations for bitcoin adoption.

Sustainable Bitcoin Mining

El Salvador not only is looking to strengthen bitcoin’s use case as a payment method, but it also wants to help solve one of the issues that the cryptocurrency industry is facing. El Salvador, which is known as the land of volcanoes, has offered to use its resources to help make the process of mining more bitcoins more environmentally friendly.

Bitcoin mining or the way by which transactions are completed on the blockchain and new bitcoins are created is an energy-intensive process. After Tesla CEO Elon Musk recently called bitcoin mining out for its carbon footprint, as it typically relies on dirty fossil fuels such as coal to get the job done, El Salvador is swinging back. El Salvador has stepped in and is exploring the possibility of selling volcano-fueled power to miners as an energy-efficient way to mine bitcoins.

According to social media accounts, El Salvador’s decision to make bitcoin a legal payment option started with local communities who for the past couple of years have been working to get local storefronts to accept bitcoin payments on an individual basis. This effort has since blossomed, and industry leaders like Anthony Pompliano, who is behind Pomp Investments, are expecting that other countries will follow in the footsteps of El Salvador. 

Mexico’s Bitcoin Strides

Mexico, where cash is the primary payment method, is also experiencing greater bitcoin adoption. To that end, Bitso, a Mexico City-based cryptocurrency trading platform, has become one of the country’s latest unicorn startups after reaching a valuation of more than USD 1 billion. 

Bitso raised USD 250 million in a Series C funding round with a valuation of USD 2.2 billion attached, thrusting the startup into unicorn status. Bitso attracted several notable venture capital firms to the round, including Panter Capital, Tiger Global, Paradigm, Coatue, Valor Capital Group, and QED. As of year-end 2020, Bitso had more than 1 million users mostly across Mexico and Argentina.

While Bitso is considered the most popular cryptocurrency trading platform in the region, it has not been able to escape scandals that can accompany this loosely regulated market altogether.  Bitso was reportedly the trading platform of choice for some bad actors participating in money laundering among drug cartels looking to stash their funds. But Mexico is looking to strengthen its rules to make it more difficult for criminals to use bitcoin.

Mexico is looking to create a regulatory framework by which cryptocurrency and blockchain startups can operate, which has the potential to give venture capitalists even more confidence to back these startups. Mexican Congressman-elect Eduardo Murat Hinojosa has said that he plans to introduce a legal framework for cryptocurrencies to the lower house of Congress.

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Latin America’s bitcoin profile on the rise thanks to Mexico and El Salvador 6

Latin America and Bitcoin

As the Latin American region (including the Dominican Republic, Haiti, and others) begins to make bitcoin adoption more pervasive, the populations of these countries are gaining exposure to a new way to create and store wealth. Cryptocurrencies like bitcoin remain a volatile asset class where the price can swing dramatically in a short period. Compared to the hyperinflation and slow economic growth that countries in the region are experiencing, however, bitcoin offers them hope for technological innovation, more job opportunities, and greater financial inclusion that has been missing.

US Financial Regulators Raise Concerns About Growing Stablecoin Dominance

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The cryptocurrency market has grown by an exponential rate over the past year with the pandemic forcing people to move towards quick, contactless payment methods. Even though the industry was growing in size pre-corona, the last 12 months have really opened up the eyes of the regulators to what cryptocurrencies can actually do.

One of the recent concerns raised by regulators was related to the burgeoning size of the stablecoin market, specifically cryptocurrencies such as Tether [USDT]. They claimed that the size of the market allowed several billions of dollars to be transacted without ever coming under the purview of the country’s financial watchdogs.

During a recent Senate Banking subcommittee, members discussed the various ways cryptocurrencies could hamper financial overwatch. Officials added that a majority of stablecoin holders were unaware of the fact that their funds do not come under the jurisdiction of the Federal Deposit Insurance Corporation. The FDIC is responsible for protecting the claims made during financial transactions in the United States. Josh Lipsky, the director of the Atlantic Council’s GeoEconomics Center stated:

The most immediate way that some stablecoins might come under attack is from enforcers, such as what happened with the New York attorney general, who could pursue issuers for lying to consumers. Stablecoin issuers could eventually work in tandem with international governments’ projects to issue their own digital currencies but that the U.S. and others will have to develop regulations to ensure consumers aren’t hurt.

The Senate Banking members are not the first to speak against stablecoins as the industry has also been attacked by government officials such as Senator Elizabeth Warren and Federal Governor Lael Brainard. These comments came in the wake of Tether’s growing dominance on the cryptocurrency charts, currently sitting pretty at number 3. The world’s largest stablecoins holds a market of roughly $63 billion with a daily trading volume of $58 billion. Tether’s growth also allowed it to surpass major cryptos like XRP and Bitcoin Cash on the charts.

Banking officials stacked on their arguments by reminding everyone of Tether’s trading ban a few years back. Tether General Counsel Stuart Hoegner assured everyone that Tether and all its resources were maintained at the highest levels of safety and security. Hoegner promised:

We continue to look for avenues of regulation globally and are pursuing regimes in several countries

While regulators are trying to bring stablecoins under their thumb, the US government has revealed tentative plans to create a state backed digital asset. A CBDC will be controlled by the state while using blockchain technology and all the core fundamentals of a stablecoin. Although the US is not the first country to initiate or even begin working on such plans, its statements may play a huge role in how the groundwork is laid out.

PumaPay to migrate from Ethereum to Binance Smart Chain, introduce liquidity pools

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PumaPay, the comprehensive cryptocurrency payment solution, announces the upcoming launch of V3.0, which moves its operations from Ethereum to the Binance Smart Chain (BSC)—the first crypto payment solution to do so. The move to BSC includes the introduction of a bridge between the two networks, enabling utilization of a wider set of tokens and cryptocurrency for payments, and opening new liquidity pools with automatic swaps.

Ethereum, for a long time known as the industry-leading platform in blockchain development, has become unscalable for many developers. With soaring gas fees and a slow block processing rate, PumaPay’s service to its customers became untenable on Ethereum’s network. In the spirit of maintaining the original vision of decentralization, boosting payment flexibility and protocols, and building liquidity, PumaPay is shifting to BSC to expand its existing protocols for its customers.

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PumaPay utilizes the PullPayment Protocol that alternates the peer-to-peer system of crypto payments from a push to a pull protocol. PullPayment affords merchants capabilities unique to PumaPay, such as recurring billing—which allows merchants to bill for subscriptions and is the only payment solution on BSC offering this payment option. The new platform on BSC will offer a host of new opportunities to customers and users on the Binance Smart Chain, in addition to faster transaction speeds and cheaper gas fees.

Wider token diversity: Using PumaPay’s token (PMA) as a mediation coin, merchants will be able to select a settlement currency of their choice for each billing model, while users will have the option to subscribe with various tokens that are supported by BSC. Merchants and users will be agnostic to each other’s choice of coin.

Liquidity pools: To power the support for a wider number of cryptocurrencies for payments, PumaPay is introducing liquidity pools to enable swaps between PumaPay’s token and other cryptocurrencies. Liquidity providers will enjoy swap fees.

Total decentralization: Transfer of transaction processing duties to network “executors,” who will be paid by merchants, which will foster a more decentralized crypto payment ecosystem. Merchants will be able to run executor nodes, allowing them to save on fees, and earn for processing other merchants’ transactions.

hjCommunity 3.0: PumaPay’s V3.0 will include bottom-up measures that allow for more community participation in promoting the project with ambassadorship and referral opportunities.

“We are excited for the new V3.0 vision, our move to Binance Smart Chain, and the latest upgrades that we can offer to merchants who use our payment solution,” says Yoav Dror, CEO of PumaPay. “With our new liquidity pools, bridge, and decentralization model, we believe PumaPay is creating, as the first crypto payment solution on BSC, a model system for others to follow should they opt to shift from Ethereum to Binance.

Bitcoin Plunge to $50,000: Factors responsible & What to expect in coming weeks

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The past 3 weeks for Cryptocurrency traders and investors have been a roller coaster Ride, with the carriage on a continuous descent and hearts threatening to leap out of chests. 

Last week saw Bitcoin traded for as low as $50,500 on cryptocurrency-exchange Bityard, this price follows a continuous dip in the price of Bitcoin from an all-time high of $61,000, this is a 17% drop in value. 

This price dip wasn’t expected and was as a result of certain external factors whose cumulated effect led to the drop

Factors Responsible

• The first significant price slippage occurred on the 15th March after the Indian Government announced a plan to ban/regulate cryptocurrency in the country. This resulted in a selling frenzy, with many Cryptocurrency investors and traders in India rushing to convert their Bitcoin to cash, wish resulted in a selling cascade involving investors from different countries. This dropped the price of Bitcoin from $60,000 to about $53,000.

• It staggered back up to $58,000 only to suffer another drop to $55,000 on the 22nd of March after being lauded by American Federal reserve chairman Fed Powell Chair, where he said Bitcoin was too volatile and wasn’t a replacement for the dollar.

This was followed by a significant improvement to about $57,200, after Tesla CEO Elon Musk tweeted Tesla products could now be officially purchased with Bitcoin.

• But that wasn’t the end, this was followed by a drop to about $51,000, which was caused by a huge amount of sell orders liquidated on cryptocurrency-exchange Bitmex triggering massive sell-offs that took the price of BTC to as low as $50,300. 

The price of Bitcoin has since bounced back as Bitcoin now trades for $57,000 on world leading Cryptocurrency-exchange Bityard. 

What to Expect in the Coming week?

The recent dip, posed an important test Bitcoin had to take, the testing of the 50,000 mark which previously was a crucial psychological resistance, turned support. The price movement which held firm at the  $50,000 mark, despite the constant incursions, shows a strong support and one can expect Bitcoin to hold above $50,000

This is expected to inspire more confidence in long-term investments in Bitcoin and stimulate more buy orders. This will invariably lead to an increase in the price of Bitcoin.u0H1mOSN3u7wOTnyot8J50Hz7b74e KZgKIro0 vSy4M5hlIjlxDUPz ejxTxYT8IiP1loA K7kdnUGnw8aV6SR9gIegQq9PCvZ80eCGB eGu2WlO09mAjNKjTRCTdqSJwvsTja6tPah7Ug6Jw

Based on technical analysis:

Technical analysis shows a potential continuous bullish trend to the upside. As shown on the Chart above, the support levels at 50k holds strong and has not been broken, although price ejected on touching the 50k support zone, we are still expecting price to revisit this area before moving strongly to the upside

To buy Bitcoin, we recommend world leading cryptocurrency exchange Bityard.

BITYARD

A secure and well-regulated exchange, with a simple platform designed with beginners in mind.

All you need do is register, deposit funds, click on the spot trading page and buy whatever amount of Cryptocurrency you want. And then hold till you decide you’ve made enough returns.

Another investment option is the Copy trade option available on Bityard. This trading option allows users make money from following expert traders, who contract trade digital assets. In this option investors can make profit from either direction of the market (when prices go up or when they come down).

Bityard offers the best prices on the market for any digital asset and has additional features which include a free daily mining option for users that allows you to get free tokens daily, when you mine them on the exchange’s app.

To register on Bityard and trade Ethereum or Bitcoin click on this linkc

BeFaster.fit bets big on emerging markets like India as application launch draws near

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As the cryptocurrency market continues on one of its biggest price shifts in history, investors all over the world are reacting to the news differently. Some countries like the United States were on their way to embrace crypto while nations like India were heading in the opposite direction. 

Since lifting the old cryptocurrency ban in 2018, India has seen a massive surge in cryptocurrency usage and trades. Several companies directed their attention to the emerging market with major exchanges like WazirX getting acquired by Binance. Now with another ban potentially on the horizon, people were getting antsy about the future of digital assets in India. But not Tron Europe or BeFaster.fit.

BeFaster.fit’s commitment to combining blockchain technology with the idea of fitness was the initial foundation for its popularity. The company has since built on that commitment by launching services and features catering to the user. Even in a country like India where cryptocurrency regulations are on the fence right now, BeFaster.fit was gaining steady traction. 

BeFaster.fit has repeatedly stated that the community was its core building block and they would do everything in their power to provide them with a seamless experience. The dedicated Indian Befaster.fit community is also being prepared for the application’s launch and handling the post-release operations. Several Indian users are BFCH  also waiting with bated breath to tread the blockchain ecosystem’s waters.   

Ever since its creation, BeFaster.fit has made it a priority to show users that it was not just another run-of-the-mill decentralized application. The application has gone through multiple testings over the past couple of months so that users can avail the best possible experience from it. Along with the application.

BeFaster.fit also includes the token which now has its own ecosystem and workings. With countries like India starting to adopt healthier lifestyles, it is only a matter of time before applications like Befaster.fit becomes a household name. Befaster.fit CEO Irina Manilitsch had earlier stated that:

“BeFaster.fit rewards people for an active lifestyle. They run and consume. As an investor you earn money directly from this.”

The cryptocurrency ban in India has not yet been confirmed but support for the fight against it is already picking up momentum. Big names in the Indian cryptocurrency ecosystem have made their voices heard about the cons of banning a burgeoning asset. Even if there is a crypto ban, Befaster.fit has assured users that their blockchian marvel would conintue to tick along smoothly. 

THE WORLD LEADING TRADING PLATFORM BITYARD PARTNERS WITH PAXFUL

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The worlds-leading trading platform Bityard announced about teaming up with Paxful, one of the biggest cryptocurrency platforms when it comes to buying and selling Bitcoin

About Bityard:

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THE WORLD LEADING TRADING PLATFORM BITYARD PARTNERS WITH PAXFUL 14

Bityard has been setting the pace in the world of cryptocurrency trading. Bityard offers safe, fast, and secured contract trading, spot exchange, and copy trading to over 50 cryptocurrency pairs and Derivatives.

Bityard is well regulated and compliant with international laws. Bityard remains one of the few trading platforms allowed in the USA.

The user-friendly interface, the low transaction fee (0.05%), and many other features have made Bityard become the best platform on the lips of many traders.

Users can still earn on Bityard even without depositing, through incentive programs like the Mining program, social media contest, etc.

Bityard offers a whooping $258 welcome bonus to new users (terms and conditions apply).

The Bityard’s customer service is always available 24/7.

To register on Bityard click here.

Now let’s throw more light on Paxful.

This article contains things you need to know about Paxful.

WHAT’S PAXFUL?

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THE WORLD LEADING TRADING PLATFORM BITYARD PARTNERS WITH PAXFUL 15

Paxful is the next generation peer-2-peer bitcoin marketplace with over 2million+ users around the world. The paxful company was founded in 2016 (5yrs ago) by Ray Youssef (CEO) and Artur Schaback (CPO), both of whom had connections with New York.

Paxful has 4 offices around the globe with over 200+ Employee, Paxful services are also offered in 21 different languages.

WHY PEOPLE USE PAXFUL;

Paxful company has 2million+ users, here are the factors behind it;

Super human efforts;

Paxful put more extraordinary effort to see that its users get the best quality of services. Paxful is changing the concept of impossibility in the lives of billions around the world.

People oriented platform;

Decisions taken at paxful are always made with the people’s interest at heart.

Paxful always communicate with users, asking for their feedback/opinions, in other to creating something even better.

Product offered by Paxful;

Paxful is well known for the high-quality services they offer to their users, there include;

–People-Powered Technology;

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THE WORLD LEADING TRADING PLATFORM BITYARD PARTNERS WITH PAXFUL 16

Paxful is entirely peer-to-peer, which means that, paxful users actually trade with real people in real-time—the way bitcoin was meant to be used.

-Free Crypto Wallet

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THE WORLD LEADING TRADING PLATFORM BITYARD PARTNERS WITH PAXFUL 17

Paxful crypto wallets are reliable, easy-to-use, and don’t cost a dime. Paxful digital wallet provides a very safe place for users to store their wealth — no matter who you are or where you’re from or where you leave.

-Users fund security

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THE WORLD LEADING TRADING PLATFORM BITYARD PARTNERS WITH PAXFUL 18

Safety and security are the Paramount factors on paxful when it comes to users fund. All trades on Paxful are protected by paxful secure escrow service to guarantee peace of mind.

AIM OF PAXFUL;

The aim of paxful is a simple one, which is to empower the forgotten four billion unbanked and underbanked communities, so they can have control of their money in a way they’ve never done before.

SUMMARY;

Bityard and paxful are two giant platforms that care so much about their users. The teaming up of these two platforms will ensure that people get the best quality of service when it comes to cryptocurrency trading.

The partnership between Bityard and paxful is surely a Game changer.
Bityard works at making complex contracts simple and easy, while paxful aims at empowering the forgotten four billion unbanked and underbanked communities, so they can have control of their money in a way they’ve never done in the past.

Click here to register on Bityard.

Tron Europe Ups The Ante with Freeze Smart Contract Launch

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Cryptocurrencies and their neighboring industries have enjoyed a stellar run over the past couple of weeks with the bull reigning supreme over the bear. To ensure that customers can fully utilize the positive sentiment, companies like Tron Europe is stepping up their game in terms of updates and developments. 

Just two weeks back, Tron Europe released its native TERC freeze smart contract aimed to create an even more robust environment for TERC holders. Tron Europe stated that the feature’s inclusion came at a time to build up the BeFaster application launch. 

Trom Europe featured in the news multiple times over the past year after its promise to revolutionize the decentralized network. The BeFaster application launch has been much talked about among the Tron and fitness community with ardent fans counting down the days. The latest freeze smart contract is a calculated step to let the ecosystem hit the ground running. 

According to the release by Tron Europe, the organization proceeded to give rewards to frozen TERC on 31 January. The official statement added:

“In the transition phase we will distribute rewards to both, frozen and not frozen TERC. So don’t miss your rewards and freeze now. Soon after this, you can check your freeze details on our new SR-TRON-EUROPE DASHBOARD on Tron-Radar! We are supporting Tronlink and every compatible browser extension and Dapp browser with our freeze smart contract. With Tronlink you can even use your ledger hardware wallet to freeze.”

Tron Europe has admitted on several occasions that early adopters of TERC were the real heroes and its recent launches act as evidence for the same. With the freeze smart contract, users will be able to build their own stack of coins. The project will then choose the longest freezer period to show support for the ecosystem. Users will also benefit from the freeze time as the time is used to generate rewards. As made crystal clear by Tron Europe:

“Every TERC holder will have the possibility to adjust his freeze time between high liquidity and higher bonus rewards.”

The TERC rewards are calculated based on the TRX rewards that users get for voting on the Tron blockchain. This was done to facilitate the growth of the Tron blockchain. Rewards are calculated by multiplying a user’s TRX per vote by the Tron Europe rewards rate. Token holders also have the chance to climb up the rewards system with a minimum buy-in of 1000 TERC frozen tokens. 

TE Rewards
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TERC holders also have the option to get full rewards till the point of unfreezing. Privacy and speed were the needs of the hour as TE doubled down on its cheap transaction mantra. Once the BeFaster application launches, more users are expected to flock towards the TERC ecosystem. It is only a matter of time before more information is revealed that is sure to drive the buzz around the cryptocurrency market all the way up to eleven.