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SIGEN is a platform for trading cryptocurrency for any fiat currency in the world. Our name is derived from two words: SIGma + ENergy. Sigma (Σ) is the name of a Greek symbol that signifies knowledge. Energy is associated with vitality and constant movement forward.
Our platform gives you 3 options all in one place:
- Trade on an exchange. Trade cryptocurrency with others and earn money on fluctuations in the exchange rate. We charge a minimum fee and allow you to withdraw the cryptocurrency automatically and without any delays
- Buy/sell cryptocurrency for fiat money on our P2P platform. Your transactions are protected by ESCROW and Social Trust Scoring. You can use various currencies and payment systems.
- Exchange currency rapidly in 1 click without signing up. Use our exchanger to buy/sell cryptocurrency at the current exchange rate without bothering with trades.
In addition to minimal fees, safety, convenient and fast transactions, and automatic withdrawals, you will find online 24/7 support, the ability to create orders with multiple offers, a double affiliate program, and much more.
SIGEN is next-generation cryptocurrency trading!
Start trading right away https://sigen.pro/ (https://sigen.pro/)
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PRIZM (PZM) - now on SIGEN!
Dear friends, we've got great news for you - a new cryptocurrency has been listed to be traded on our exchange, P2P platform and instant exchanger. The SIGEN platform has added PRIZM (PZM) to its portfolio. This cryptocurrency has a fast-growing audience and unique features.
PRIZM's Features and Advantages:
- Rapid transactions. Block generation in the PRIZM network takes only 59 seconds. It's a lot faster than for most other cryptocurrencies.
- Fixed fee - 0.5% of the transfer amount, but no more than 10 PZM. While other tokens use a floating fee for all transactions, in the PRIZM network the fee is fixed on the level of 0.5% of the transfer amount. However, once the fee reaches 10 PZM, it’s fixed on this level and does not grow regardless of the transaction size. In other words, even if you make a transfer of 10,000,000 PZM, you’ll still be charged with a fee of 10 PZM.
- Paramining Based on Proof-of-Stake. This is a unique and easy way to mine new coins developed specifically for PRIZM. Paramining does not require powerful computers, and the reward depends on the account balance. The more coins a miner owns, the bigger the reward is. To start paramining, you only need to transfer tokens to your account, and coin mining will start automatically. All you will have left to do is watch your account balance grow continuously.
- Partnership Program. Paramining also allows you to get a reward for bringing in new users which is not an option with other cryptocurrencies. If you build your own structure, your reward for paramining will rise. The more tokens your referrals own, the bigger your reward will be.
More about PRIZM (PZM) - http://en.prizm.club/ (http://en.prizm.club/)
Start trading now! - https://sigen.pro/trading/PZMBTC (https://sigen.pro/trading/PZMBTC)
P. S. Please note that we have no fees charged for cryptocurrency deposits/withdrawals while the transaction fee is just 0.1%.
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Using Exchange on SIGEN Platform
The SIGEN platform has its own cryptocurrency exchange with easy-to-use and convenient functionalities. You can use it to make profit on price fluctuations. Buy cryptocurrencies at one price and sell them at another price to make money.
How do I start trading?
First of all, fill up your exchange account. To do this:
- Click the profile icon in the upper right corner of the page to open the menu. In the Deposit/Withdrawal section, select the line with the appropriate cryptocurrency wallet and click it to see your one-time address to deposit funds (the address will automatically change after each deposit).
- Transfer funds to the indicated address and wait for the proper validation of the transaction in the blockchain for the transfer to be deposited on your account.
After the transfer is completed, you can start trading on the exchange. Navigate to the Exchange section and create an order with the terms you want. To do this:
- Select the cryptocurrency pair of your choice in the upper right corner of the page.
- Create a buy or sell order. Click the amount next to the Available label, and the system will automatically make a calculation for the entire amount based on the current market price. If you want to change the price and the amount, do so manually. You can also create multiple orders with varying terms.
Please note: you can buy/sell cryptocurrency instantaneously if the Buy orders and Sell orders columns already include orders that comply with your terms. If currently there's no match, your order will need some time to work — you'll need to wait for other exchange users to respond.
An order may require one or multiple transactions to work, depending on the market demand. After each transaction, the appropriate amount will be displayed on your balance.
As you can see, using the SIGEN exchange is really easy, and your profit may be quite large since cryptocurrencies are very volatile, and their price may change by hundreds of percent in a single day. All you need to do is understand how the exchange works and start trading.
We wish you successful trading and large profits!
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Traders: Professionals and Amateurs
A trader is a person who trades in assets, such as cryptocurrencies, on their own initiative. They do this at their own risk and peril to make profit.
Trading is not an easy occupation; it's based on conducting trading transactions in order to make money. Traders deals with all kinds of assets: securities, precious metals, raw materials, options and futures, currency and cryptocurrency. They must be able to obtain and properly analyze incoming data, correctly respond to market changes and avoid falling into despair if their actions have been unsuccessful. Key traits for a trader are attention to detail and patience.
Types of traders
There are multiple trader classifications: in terms of strategy, behavior on the market and trading psychology. You already know some types of traders: bulls and bears, whales and hamsters. All traders may generally be divided into two big categories: professionals and amateurs.
- For professional traders, trading is a job that generates an income for them. Most often they have economic or financial education, work in investment funds, brokerage firms or banks. They can also work independently. Their decisions are the most informed and educated; they rarely fail and know how to make profit regardless of market performance.
- An amateur is a trader with no specialized education who regards trading as an additional means of making money. An amateur trader may also be successful if they know how to follow their instinct and contain emotions. Ultimately, an amateur may become a professional.
What trader category do you think you are in?
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Save on fees with SIGEN.pro
Different crypto exchanges charge different fees on transactions, deposit, and withdrawals. Most often the fees are pretty high. Is there a way to avoid high fees? Yes.
Fees are a headache for traders and investors.
When trading in crypto exchanges, the thing traders and investors complain about most is high fees. A fee is in the amount of some percentage of each transaction. Moreover, in some crypto exchanges only buyers are charged with a fee whereas in others both buyers and sellers have to pay a percentage.
A crypto exchange can also charge different fees on withdrawal to different payment systems. Sometimes, with the help of the amount of a fees, crypto exchanges give preference to a particular cryptocurrency. In other words, most of cryptocurrency exchanges use fees as a great possibility to manipulate users' behavior and make money on it. However, not all exchanges stick to this policy.
SIGEN.pro has no fees charged for cryptocurrency deposits/withdrawals while the transaction fee is just 0.1%.
The SIGEN platform doesn't use fees as a means of pressure on traders. It has the lowest possible fees.
- No fees are applied to cryptocurrency deposits and withdrawals
- The fee for a transaction on P2P platform and exchange is charged both for the buyer and the seller, and equals to 0.1% from each party.
These conditions are attractive for all traders but they are most favorable for newbies who due to high fees on other platforms, can't make a big profit.
Low transaction fees and no fees applied to deposit and withdrawal allow traders including those trading with a small amount to trade with no losses. We follow this policy as we intend to make cryptocurrencies available for anyone.
Use the SIGEN.pro platform and take advantage of the lowest possible fees.
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What is a Node in a Cryptocurrency Network?
A node is, in essence, any computer connected to the blockchain network and using the P2P protocol. Nodes use this protocol to communicate with each other distributing information about transactions and blocks across the network. Strictly speaking, nodes are the key component of the blockchain network.
Nodes may be lightweight and full
A full node is any computer that is fully synced with the blockchain network. Each full node has a copy of all blockchain data — starting from the genesis block and ending with the last generated block — on its hard drive. After each new block is created, information is updated, i. e. it's always up-to-date.
A light node is also fully synced with the network, but it does not store all the information from the blockchain on its hard drive — it only services the network. Most nodes in the network are lightweight; however, full nodes form the backbone of the network.
What are nodes for?
All nodes support network operations: they automatically validate transactions and generate new blocks while protecting the network from fraudulent activities. In many networks, node owners (miners) are rewarded with new coins that are generated with new blocks.
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How much should I invest in cryptocurrencies?
What one feature of cryptocurrencies must an investor take into consideration when deciding on an investment strategy. This is volatility.
Pros and cons of volatility
Volatility, i.e. fluctuation in value, is both a pro and a con of cryptocurrencies. The downside is that the price can collapse, precipitously and very rapidly. In an instant, investments can bring losses instead of profits. The upside is that the price can also skyrocket. Insignificant investments can multiply not hundreds, but thousands of times.
However, over the long term, the price of cryptocurrencies is unequivocally rising, and this is certainly a plus. At least the leading cryptocurrencies, such as Bitcoin and Litecoin, have been showing steady growth for several years now.
Basic investment strategies
Thus, there are two basic strategies for investing in cryptocurrencies:
- Make long-term investments of no more than 20% of your monthly income, according to experienced investors. It is best to do this at regular intervals, such as once a month. Another option is to invest a large lump sum (available money) somewhere for at least a year. And don't forget your wallet password!
- Make short-term investments in the hope of rapid price growth and with a high risk of losses. In this case, investing is more like gambling, so you should never invest an amount which, if lost, would worsen your quality of life. It should be an amount that you can afford to lose painlessly. You can also invest saved money that you normally would have squandered on all sorts of trifles, alcohol, games, etc.
You decide which strategy to use, but be sure to carefully weigh the pros and cons. We wish you success in your trading and investments!
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Google Authenticator is the most reliable two-factor authentication method
The SIGEN cryptoexchange offers users 3 forms of two-factor authentication: email, Google Authenticator, and a table of printed paper codes.
Google Authenticator (GA) may be called the most reliable of these methods.
Why is Google Authenticator best?
- With email confirmation, users are still vulnerable. For example, if an email account is not protected by a strong password, hackers may access it and thereby be able to break into your SIGEN account. Additionally, many people use the same password on multiple websites. GA confirmation eliminates this problem. Google Authenticator generates a new code every 30 seconds. Moreover, you have the device with the GA program on your person. Hackers don't have enough time to read, calculate, and enter the required code.
- Confirmation using a table of printed paper codes may have risks. For example, you might lose the printed sheet of codes, or a malicious party might discover the codes and exploit them. Once again, GA confirmation eliminates this problem. Of course, a would-be attacker near you could secretly observe the genearted code, but, as we already mentioned above, he or she would not have enough time. Suppose an attacker knows your username and password and has secretly seen your code. He is unlikely to have enough time to get to his device and enter all the required information, because the code he lifted will become invalid after 30 seconds. And he would have to remember the code correctly. Furthermore, it is not so convenient for users to hunt to find the required code on a sheet of paper and constantly safeguard it.
If you lose access to the device with GA and cannot get into your account, know that each account on the platform also has a Security Code that you can use to change the 2FA method, if necessary.
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What's the best way to buy the leading cryptocurrencies?
Many novices start buying the leading cryptocurrencies (BTC, LTC, etc.) when their prices surge upward. For example, the exchange rate rises rapidly when there is good news or favorable forecasts, i.e. based on what media outlets are saying. This strategy is fraught with huge risks and likely to result in financial losses.
Buying cryptocurrency when the exchange rate peaks is a typical mistake made by rookie traders. Why?
Practice has shown that a sharp rise in the exchange rate is always followed by a decline—an unavoidable correction. As a result, the novice suffers losses. Will the novice every come out ahead? That's the question.
The wrong way
When you purchase cryptocurrency at the top of the market, the price begins to fall and you will always experience losses. You see that you're losing money and begin to panic, which leads you to do something even worse: in your panic, you sell all your cryptocurrency at a lower price in order to preserve at least some of your money. After a while, the market stabilizes and the exchange rate again starts to rise. And you could have made up your losses and could have even come out ahead, but you don't have any cryptocurrency because you sold it at a loss.
The right way
You need to buy the leading cryptocurrencies when the price is falling. That is the right strategy. And don't be afraid of negative rumors that a drop in the exchange rate means a cryptocurrency is experiencing a full collapse. Take bitcoin as an example: how many times have naysayers called it a bubble and predicted its demise? But it continues to grow, albeit with fluctuations that can be significant at times.
That's why you should buy cryptocurrency when the exchange rate is falling for external reasons or when it is correcting after a big surge upward. That's the best time to buy. After all, the market always begins to rise after a correction.
Why is this the rule specifically for leading cryptocurrencies? Because little-known coins can surge at any time, and their exchange rates can experience steep and long growth. Buying them when they begin to grow rapidly can still prove to be very profitable. But remember that buying unknown coins is a big risk, but it does offer the possibility of huge rewards.
Conclusion
A successful trader must know how to buy leading cryptocurrencies when everybody is selling, and to sell when everybody is buying. That is precisely the strategy employed by investors who have used their skills to amass considerable wealth. Follow this rule and come out ahead!
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How to properly diversify your cryptocurrency portfolio
When investing in cryptocurrencies, it is important to achieve the right balance. Proper diversification of your cryptocurrency portfolio lets you increase investment profits and minimize potential risks. In other words, you need to distribute your investments correctly.
How much should be in the portfolio?
According to analysts, diversification is helpful for investors working with sums starting at $500. With smaller amounts, distributing your funds doesn't make much sense. Of course, you could work with amounts such as $100, $50, and even $1. But creating a portfolio this way is not the best idea.
So if you haven't yet reached the $500 mark, just keep saving more money. However, nothing is stopping you from thinking ahead about diversifying your future cryptocurrency portfolio.
Strategy to create a portfolio
As a rule, a diversified portfolio has three types of investments:
- Low risk - Investments in bitcoin and other established coins among the top 10 cryptocurrencies, such as Ethereum or Litecoin;
- Moderate risk - Investments in cryptocurrencies with high market capitalization; these are usually cryptocurrencies in the top 30;
- High risk - Investments in cryptocurrencies that have recently appeared on the market and do not yet have a reputation or trust in the crypto community.
As for the ratio of these types of investments, most investors use the following allocations: 50%/30%/20% or 60%/30%/10%. This is the distribution they consider to be the best.
Your portfolio will need to be adjusted
Once you have created a portfolio, you can't just forget it and always make a profit. In fact, you must not forget about it, because it will need constant adjustment and additional investments. The cryptocurrency market is dynamic, so you need to carefully track your portfolio and regularly run the numbers. This is the only way to confidently stay afloat.
Good luck!
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Cryptocurrency Trading: Where to Start
Investing in cryptocurrencies attracts more and more people, as does cryptocurrency trading. However, before entering the cryptocurrency market, one should do certain things to create a solid base for further success.
Sources of knowledge
First, you need to try and find out as much as possible about the blockchain, cryptocurrency, crypto market — study all materials you possibly can. But don't delve too deeply into the technical details and blockchain history — focus on the financial aspect instead. You can find abundant information on YouTube, Telegram channels, etc.
Storage for money
When working on the crypto market, you must select a storage for your coins. Historically, cryptocurrency exchanges are not a safe place for storage — they're prone to technical glitches, hackers carry out successful attacks on them, exchange management can even change the rules at their discretion. This is why a more reliable option is a wallet or multiple wallets on computers that must also be copied to the external media. You should, however, retain some money on the exchange — just in case you will need to rapidly react to leaps prices.
Market gurus
The key and most influential news of the cryptocurrency market originate with cryptocurrency founders, advanced crypto enthusiasts with multi-million income and successful crypto investors. Among others, they include Charlie Lee, Vitalik Buterin, Roger Veer and about 10 more names. You should follow them in the social media.
Colleagues
You should also join chats of cryptocurrency traders. Here you can find practical knowledge about trading and consult experts avoiding mistakes. But don't trust all of them blindly. First of all, trust what you've learned yourself.
Cool head and iron nerves
One of the first rules to be adopted by a fledgling cryptocurrency trader is avoiding to trade on an impulse. In other words, don't give in to excitement or panic. Learn to play cool from the very beginning, stay reasonable casting aside greed and fear.[/font]
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Hidden Order: Why You Need It and How You Can Submit It
For certain reasons, some investors prefer to hide large-size orders submitted for trading. These orders are the so-called “hidden orders”.
A hidden order allows the trader not to display the real number of buy / sell transactions for large amounts of cryptocurrency. This order is not displayed in the order book.
Creating a hidden order on https://sigen.pro/ (https://sigen.pro/)
On the Sigen.pro cryptocurrency exchange, you can create a hidden order whenever you fill up the “Buy” or “Sell” request. You can just tick the relevant checkbox, and the market players will not see your order.
According to research, hidden orders are a manifestation of growing trading activity on the market.
Finding a hidden order
Observant traders may notice the exchange has a hidden order out there. If you can see a certain number of buy or sell requests, but you can actually buy or sell more at the indicated price, it means a hidden order has been activated.
Moreover, the total volume of the order book will be larger than the amount of all visible orders. Finding hidden orders may be useful to amend the forecast for the cryptocurrency exchange.
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70% of cryptocurrency exchanges allow user accounts to have weak passwords. SIGEN does not.
The creators of the Dashlane password manager analyzed the password requirements imposed by cryptocurrency exchanges.
They concluded that over 70% of all cryptocurrency exchanges allow users to use weak passwords. This can actually be seen as indifference to users' welfare, because their savings are at risk: accounts with weak passwords are vulnerable to hackers.
What is required to make a strong password?
- A password must be at least 8 characters long;
- It must have both lowercase and uppercase letters;
- It must include numbers.
It turns out that only about 30% of cryptocurrency exchanges and trading platforms fully comply with these requirements. The remaining 70% do not. Moreover, 43% of the analyzed platforms allow passwords shorter than 8 characters, and 34% do not require both letters and numbers.
Exchanges are unlikely to earn a good reputation with such an attitude toward user accounts. We recommend that you do not open accounts on such exchanges and certainly never keep funds there.
The SIGEN cryptocurrency exchange cares about your security
The SIGEN cryptocurrency exchange imposes stringent password requirements that comply with established standards. Additionally, mandatory two-factor identification has been introduced on the platform, as noted in a previous article. These security measures can reliably protect your savings from thieves. Using the SIGEN platform is simple and safe: we care about you!
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Pumping: what it is and what to do
The unregulated nature of the cryptocurrency market allows crypto traders to engage in so-called "pump and dump" schemes, i.e. buying up and selling off cryptocurrencies on a large-scale.
What does "pump and dump" mean in simple terms?
A pump (pumping) looks like a sharp increase in a cryptocurrency's exchange rate. At some point, after the coin has reached a very high price relative to the beginning of the pump, the price of the coin falls sharply. This is called dumping, or a dump.
A pump and dump can be orchestrated by even one user on a single exchange if he or she has enough money to start mass buying followed by a massive sell-off.
But, of course, truly large-scale pumps are organized by groups of traders who coordinate their actions in advance and start manipulating the market at a specific time. The current "gathering place" for pumpers is social networks, where they special groups that coordinate their actions before and during a pumping / dumping operation.
Pumping is planned in advance and follows as scheme like this:
- "Positive" news, whether fabricated or overblown, is published on informational websites;
- Everything possible is done to bolster potential investors' interest in the breaking news;
- More and more inexperienced traders are brought in;
- The novices' hopes of price growth are stoked.
How to recognize pumping
The start of pumping can be easily seen on a particular cryptocurrency exchange based on users' activity in the local chatroom. Experienced traders start telling unbelievable stories about how the coin rate is growing and is about to start growing even faster, and that you need to buy it as soon as possible.
Before the pump, traders push cryptocurrency price so high that inexperienced players do not believe it might fall, so they continue to buy as the exchange rate rises. At some point, the pumpers stop buying, but inexperienced traders continue. Then the pumpers sell everything at a high price, and the exchange rate goes down. Then, inexperienced traders panic and sell what they bought. Thus, pumping "victims" buy high and sell low. Meanwhile, the pumpers make a profit.
Follow the rules!
Inexperienced trader don't have to lose money during pumping if they follow a few rules.
- Don't buy coins if the rate has instantly increased by more than 20%.
- Don't sell coins after there has been a brief price surge followed by a decline or contraction, since it will likely be followed by growth.
- Don't believe sensational news, especially if traders are spreading it in chatrooms.
- And, of course, don't use all your savings to buy coins when the price rises.
In any case, whether or not pumping is happening, cryptocurrency trading requires caution, experience, and common sense. So consider each step carefully. We wish you successful trades and profitable investments!
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PRIZM trading has been resumed
Dear friends, all issues with the PRIZM (PZM) cryptocurrency have been fixed and it is available for trading again! You can start trading PZM right away!
(https://b.radikal.ru/b30/1808/00/1cdf80d183bb.png) (https://radikal.ru)
Sincerely yours,
SIGEN Team
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Trust your money to no one
Beginning traders often get hooked by "experienced investors" who offer their services regarding some "profitable" investment, promising only profits and no losses. But most of the time, such proposals are cover for amateurs seeking to make money at someone else's expense.
Trusting such people puts you at risk of going bust, while your "benefactor" won't lose anything at all. After all, if the deal ends up being profitable, he gets a percentage for his services, well. If the investment tanks, only you lose since he isn't investing his own money, only yours.
Do your own research
Since the cryptocurrency market is virtually unpredictable, even a truly experienced trader with solid capital can't say with 100% certainty how a particular coin will behave in the near future. Honest people simply won't promise you anything. Mountains of gold "no matter what" are usually promised by scammers who have no qualms about profiting from your naivete and trust.
To stay in the black, study the market yourself and learn to do analysis. Do not succumb to the desire to make money quickly with someone else's help. Be wise: don't trust your assets to outsiders; manage your own funds.
May good profits come your way!
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Bulls Pushing Up: What is the Bull Trend in the Cryptocurrency Market
The cryptocurrency market is governed by two types of traders — the bulls and the bears. Today, we're going to review what the bulls do.
Why the Bull?
As traders themselves say, if the bull attacks it's always from the bottom upwards, by thrusting the opponent with its horns and tossing them up. In other words, a bull trend is an increase in the price of cryptocurrencies when the market is kind of pushing the price from the bottom point upwards.
It's easy to see that a bull trend is developing — it's sufficient to have a look at the cryptocurrency price diagram. An upward trend is a sequence of price values, with each subsequent value higher than the previous one. If the price goes up and immediately back down again — this is no trend, it's a short-term price increase. When, however, the price moves from one maximum value to another, i. e. when the overall price grows fast with slight downward fluctuations, this is the upward — bull — trend.
What shall I do?
A trader must be able to see when the market enters the bull trend rather than simply being adjusted. Many traders think that the start of a sustainable bull trend is the best time to enter the market since the stock price is constantly rising.
Most traders prefer the bull trend as its makes earning a profit easier and faster. When the stock price has been rising for a long period of time, the bulls are said to govern the market.
One should remember, however, that a trend must persist for at least several days rather than hours. If a trader prematurely views a short-term market move as a long-term trend, they might sustain losses. It bears a special importance on the cryptocurrency market, with expensive cryptocurrencies such as Bitcoin or Litecoin in particular, since the price behavior may change at rapid-fire pace, within a few hours, while losses may be huge. However, if a trader is right about picking up on a bull trend, their profits are going to be high.
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Bears pushing down: what is the bear trend in the cryptocurrency market?
Last time, we told you about the bulls in the cryptocurrency market. Today, we are going to talk what the bears do.
The bears attack from above
Many traders believe that the bears attack their prey swiping its paws downward. Therefore, when the price of the cryptocurrency is falling, and each subsequent value is lower than the previous one, and it is called bear trend. In such situation, people say bears dominate the market and sell their assets.
Among them, there are many bears who know how to earn on the falling price. However, many participants of the market wait for the approximation to the lowest point of the trend and the further growth. It’s considered a good moment for the entry on the market. Therefore, many people believe that the start of the bear trend is a good time for selling, and the end of the bear trend is a good moment for purchases.
How to recognize the bears
The trader should determine the start of a bear market as soon as possible. For that, it’s necessary to see the cryptocurrency price diagram or draw it on your own using two or three points of the cryptocurrency price. One can easily see the downward trend.
It is just the same as with the bull trend. There’s no need to hurry up and take hasty decisions. If the price is moving down it doesn’t mean the bear trend. It can be just a correction at the market. Wait for several days, then you will be able to determine the presence of the sustainable trend. For the cryptocurrencies market, it’s extremely important as the price fluctuations can occur very quickly, just in several hours.
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Cryptocurrency Trading Strategies: Scalping
Cryptocurrencies as a trading asset have not been around for long, but many traders have figured out pretty fast that cryptocurrency trading has its own patterns which allow to develop trading strategies. One of these strategies is scalping.
Basics of scalping
Scalping is the execution of multiple short-term transactions aiming to make profit on the intraday fluctuations of cryptocurrency prices. Profits made in each transaction are small, but they can compound into a large gain.
The trader will first carefully study cryptocurrency price trends using charts, latest transactions and the order book. They will then position their orders and closely monitor cryptocurrency behavior to make an instant profit.
Advantages of scalping
Scalping uses the high volatility of cryptocurrency prices while decreasing dependence on market trends. In other words, the trader who uses this strategy can make profit in any market conditions: both on the rise, and on the downturn. Even though this strategy requires a great deal of concentration and self-discipline, it can also bring in a fair daily return.
(https://b.radikal.ru/b33/1809/cd/b37372a9a056.png) (https://radikal.ru)
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Cryptocurrency Trading Strategies: News Based Trading
It is rightfully assumed that cryptocurrency prices are strongly affected by news. News based trading is one of the popular methods to trade on cryptoexchange. Let's have a closer look at some of the fundamental principles you need to adhere to in order to preserve and increase your funds.
Most traders operate as follows:
- When news are bad, all traders fear a drop in price and engage in a “sale”.
- When news are good, they buy cryptocurrency.
This is an adequate response to news. However, in terms of making profit this is not always the right strategy.
If you want to make profit, the right strategy would be the opposite one:
- When news is bad, buy cryptocurrency.
- When news is good, sell cryptocurrency.
In this case, you'll be able to make profit since cryptocurrency price is lower when news are bad.
Sources
A lot of beginning investors and traders notice that news have an impact on the Bitcoin price. A lot of them try to trade based on their own interpretation of the news. They soon can see that they suffer losses or fail to make profit by misinterpreting an event.
The key reason for misinterpreting is using an unreliable source of news or, more often, a source that publishes the news too late for making trading decisions.
Therefore, you need to find an adequate source of news. One of the best sources is forums and blogs. It's also important that forum and blog participants share their trading knowledge and experience and analyze errors and problems.
Local manipulators
Some players on cryptocurrency exchanges set up groups tasked with initiating cryptocurrency price movement in the right direction. They can have significant means and use them to rapidly increase or decrease the price.
However, local manipulators don't need to spend their own funds — they could just make a stir around a piece of news and force traders buy or sell cryptocurrency. This is exactly when manipulators make a profit by making the right bids. If an exchange has a chat, it's an advantage for manipulators since they can use it to directly influence traders.
There's some speculation — though having no proof just yet — that certain global news regarding cryptocurrencies are also initiated by manipulator groups. Operations of some exchanges were even suspended this and last years on suspicion of using insider information.
Therefore, even if you trust your source, you must always double-check all news, employ analytical tools and compare price movement on various trading platforms.
(https://a.radikal.ru/a32/1809/8f/5e610f62a6ff.png) (https://radikal.ru)
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Cryptocurrency Trading Strategies: Arbitrage
In previous publications, we talked about some popular trading strategies, such as scalping and news based trading. Today, we'll tell you about another strategy — arbitrage.
The arbitrage strategy is when a trader trades on multiple exchanges. They use the difference in cryptocurrency prices on different exchanges and makes a profit on this difference. The trader compares prices on multiple exchanges and calculates the profit: where cryptocurrency can be bought at a lower price and sold at a higher price. In other words, the trader compares the price of the same cryptocurrency on different exchanges and calculates when the profit will be larger.
Arbitrage is not an easy-to-use strategy, but it's quite profitable
This strategy cannot be regarded as an easy-to-use strategy, but such trading can be the most profitable. To engage in arbitrage, you need to register accounts on multiple cryptoexchanges and carefully analyze and memorize their respective functionalities. You need to do it to rapidly respond and not to lag behind when you create buy/sell orders.
It's important to correctly calculate fees to be paid for transferring funds between exchanges and to account for the deposit/withdrawal rate. You should also analyze and memorize how prices usually change on specific platforms. Just like with any other strategy, it's good to master analytical tools, learn how to rapidly and competently read and understand charts.
(https://a.radikal.ru/a24/1809/91/db7e7f682029.png) (https://radikal.ru)
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What is an Order Book on the Cryptoexchange?
An order book is a serious and efficient tool that can be used to analyze the cryptocurrency situation. This is how it works.
Buying and selling
The order book is a visualization of bids and asks on the exchange. It provides you with in-depth information about the correlation and volume of cryptocurrency demand and supply in real time.
On SIGEN the blue part (green or other colors on other exchanges) of the order book shows Buy Orders. The red part shows Sell Orders. Consequently, the market price is most often between the best sell price and the best buy price.
Information in the order book reflects the depth and sentiment of the market and can be used to make pretty accurate forecasts regarding cryptocurrency price movement. The order book shows the biggest orders that can be used to make trading decisions.
Pricing
The order books allows you to simultaneously see two price categories: the topmost Buy Order reflects the highest price buyers are ready to pay for cryptocurrency while the topmost Sell Order reflects the lowest price sellers are ready to sell the asset for.
For instance, the price in the order book is fixed the following way: when cryptocurrency is sold at a favorable price, it's replaced by another order with the ask price higher than in the previous order. Transactions follow one another, with each subsequent one more expensive than the previous one. With falling prices, the situation is similar, except that the buyer creates a low-price order and when this order “plays out”, another order is created, with an even lower price.
As a rule of thumb, picking the entrance point with the help of the order book works best for players who aim to hold their positions over some trading sessions.
Whatever purposes you are to use the order book for, you should do so carefully. Why? We'll tell you in our next publication.
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Movement in the order book: Trend and Manipulation
As mentioned in the previous publication, the order book may be a useful aid in determining the trading strategy on the cryptomarket.
Trend
The information in the order book clearly reflects the predominating market sentiment — buy or sell. You can see how demand and supply correlate. Each trader makes their own decision as to how they are going to trade using the order book data. However, most of them will follow the trend while strengthening it further.
When the price change dynamics is especially high, aspiring traders must be very careful not to fall victim to the stir around buying at a high price and not to take part in the panic selling of cryptocurrencies.
The trend may be modified by a big player or multiple players who create very big orders against the general trend. The price may also change under pressure from a lot of traders who simultaneously respond to certain events on the cryptocurrency market, such as the news.
Manipulations
Aspiring traders often confine themselves to the order books since the latter visualize things very well, and traders think they don't need any other tools. This strategy, however, is a mistake.
The truth is the order book does not show the entire picture of the market:
- Big players may create false order and later cancel them. This will cause the trader to respond to changes in order book data randomly and incorrectly, thus suffering losses.
- Big orders with the price being 1 or 2 points lower or higher than the market price can be created for manipulation purposes, to create the feeling a massive buy or sell is about to happen.
- Some players don't even create orders — they just store coins on their balance and sometimes use orders previously created by other players; therefore, the order book will not reflect the real demand / supply picture.
Order books are often manipulated; to prevent it, you need to crosscheck order book data using other tools for price movement analysis or even turn to the order book as the last thing. If price movement seems suspicious, you should compare prices on a few exchanges.
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How Can You See the “Double Bottom” and Use It to “Hit the Skies”?
A lot of trading players look forward to the so-called “double bottom”. The name derives from a very particular charting pattern. Why this name and what's interesting about it?
Chart
The “double bottom” looks like the letter W. This chart pattern is generated when the price hits a low (the “first bottom”), then rebounds and drops again (the “second bottom”) to finally soar.
This movement demonstrates that the market is out of balance, with traders fighting to close transactions during the “first bottom”. When the price starts to rebound, some traders open positions, and the price drops. Traders with a good reaction manage to make quite a profit from the W-shaped pattern. Holders, i. e. traders who hold their assets and do not respond to minor market movements.
The “double bottom” may be forecast even before it starts to form. For example, when a long-term slump in price is interrupted by good news and the price starts to slowly grow.
Using the double bottom
It's important to promptly notice that the “double bottom” is forming: drop – rebound — drop and subsequent price growth. The point is that a part of investors leaves on each curve of this pattern believing that they know how the trend is going to change further. Obviously, they make the same mistake three times before they can see that the price, having gone through the drop – rebound – drop sequence, starts to soar.
In this case, the most patient players are the ones that win. This patience is based on a better knowledge of how to use the tools for price movement analysis and on not jumping to conclusions.
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Accumulating and Distributing: a Thing or Two About the Accumulation/Distribution Indicator
The Accumulation/Distribution indicator (AD) was first described by L. Williams in 1972 in his book “How I Made One Million Dollars”. Let's talk about it in a little more detail.
AD
Accumulation/Distribution is a volume-based indicator accounting for the general trend, volume of trading as well as the opening/closing prices and low/high prices. On the plus side, this indicator is synced with the price rather than based on calculating an average value. AD is primarily a trend indicator that both adequately determines the price at the observed point in time and is a useful tool for making forecasts. If selected, this indicator is usually displayed below the main chart of security price movement.
Interpreting AD
There's a mathematical formula that helps interpret this indicator. However, most traders confine themselves to the visual observation since the Accumulation/Distribution indicator is sufficiently insightful in itself.
The indicator shows that the nearer the closing price is to the high or low price, the bigger share is obtained by the bulls (traders operating for a rise) or bears (traders operating for a fall).
Accordingly, if the indicator shows the price closing in a downtrend (the indicator value is less than zero), bears are dominating; if the price closes in an uptrend (the indicator value if greater than zero), bulls are dominating. On other words, the market is owned by the former or the latter.
Moreover, if the trend updates the extreme value (maximum or minimum) while AD does not reproduce this update, it may mean the trend is about to reverse.
As we can see, the Accumulation / Distribution indicator may be the key indicator for selecting the trading strategy on the cryptomarket.
(https://b.radikal.ru/b06/1810/8e/3498e397eb09.png) (https://radikal.ru)
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SIGEN Resuming Operation! Lots of Useful Upgrades!
Dear friends! SIGEN platform maintenance has been successfully completed, and you can resume trading. The website was temporarily down due to a large-scale upgrade that will make your user experience on the platform even more secure, convenient and enjoyable.
What's new:
- Platform security features have been upgraded and taken to a new level.
- Protection against DDOS attacks has been stepped up.
- Funds can be withdrawn without password re-entry.
- The header now includes available funds only.
- Messages from the P2P trading chat are now also sent via e-mail.
- The message signing button is now more visible and text-based.
- The exchanger page has been modified — repetitions have been removed, and infographics link has been added.
- Non-key sections have been hidden under an icon.
- The deposit/withdrawal feature has been moved to the “Balance” page.
- Fees have been moved to a separate column.
- Lots of visual changes have been made: design improved, bell icon added to the header, new dashboard icon added, balance data visualization modified, button color changed to blue, QR code on the wallet page is now displayed sideways + lots of other minor changes.
We apologize for the temporary website unavailability, but, as you can see, it was not for nothing. We're happy to do our best for you. We wish successful trading!
Sincerely yours, SIGEN team.
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Important Rules of Cryptotrading: No Greed, No Panic
In one of the previous publications, we already told you about the main rules to be followed by a trader on the cryptocurrency market. Today, we'd like to consolidate this knowledge and tell you about the two key rules to be known by each trader.
Don't fall victim to greed
Don't fall victim to the desire to earn as much and as fast as possible by buying cryptocurrencies with no regard to the price and the trend. Don't expect the price to always soar or slump unless analysis tools unambiguously prove it. If an aspiring trader feels the thrill that cannot be analytically explained, it's time to stop and exit the trade.
Don't surrender to panic
Panic is even more dangerous than greed. It's harder to tackle since usually it attacks you when the price collapses — it seems you could lose all your assets. However, you often need to stop and exit the trade to avoid becoming a part of panic selling.
As regards cryptocurrencies during panic selling events, it's worth remembering that, despite their volatility in the short and medium term, in the long term cryptocurrencies demonstrate a constant growth, and it's best to be able to trade in the current prices rather than surrender to emotion, sell all your assets and quit trading for good.
(https://c.radikal.ru/c00/1811/5b/cc8c1fe790fa.png) (https://radikal.ru)
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Hidden Order: Why You Need It and How You Can Submit It
For certain reasons, some investors prefer to hide large-size orders submitted for trading. These orders are the so-called “hidden orders”.
A hidden order allows the trader not to display the real number of buy / sell transactions for large amounts of cryptocurrency. This order is not displayed in the order book.
Creating a hidden order on Sigen.pro
On the Sigen.pro cryptocurrency exchange, you can create a hidden order whenever you fill up the “Buy” or “Sell” request. You can just tick the relevant checkbox, and the market players will not see your order.
According to research, hidden orders are a manifestation of growing trading activity on the market.
Finding a hidden order
Observant traders may notice the exchange has a hidden order out there. If you can see a certain number of buy or sell requests, but you can actually buy or sell more at the indicated price, it means a hidden order has been activated.
Moreover, the total volume of the order book will be larger than the amount of all visible orders. Finding hidden orders may be useful to amend the forecast for the cryptocurrency exchange.
(https://c.radikal.ru/c06/1811/7b/0343e639ac83.jpg) (https://radikal.ru)
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What is a “Short” and a “Long”?
The terms “long position (a long)” and “short position (a short)” are key concepts for the stock exchange. Despite what their names suggest, these fundamental trading strategies have no connection with the transaction duration.
Long Position (or Long)
A long (or long position) is the main method of trading wherein a trader expects the asset to rise in value over short or long term. In other words, the trader buys cryptocurrency “in the hope of growth”. This is what “bullish” traders do. Traders who go long on cryptocurrencies virtually shoulder the entire market preventing cryptocurrencies from falling in price too much.
Short Position (or Short)
A trader who “goes short”, i. e. enters into a short position, sells cryptocurrency with the expectation that it will fall in value.
Short positions allow the trader to make profit when cryptocurrencies become cheaper. In this case the trader borrows tokens or buys them on credit. They sell the tokens at the current price during a downturn and buy them back at a lower price in order to cover their debts. Traders who choose this strategy are “bearish”.
Experienced traders can make profit on both long and short positions. However, most of them will only opt for one option rather than use both. Please note that long positions are much more favorable for the growth of the cryptocurrency market.
(https://c.radikal.ru/c31/1812/12/f4a26cd99cf6.png) (https://radikal.ru)
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What is a Node in a Cryptocurrency Network?
A node is, in essence, any computer connected to the blockchain network and using the P2P protocol. Nodes use this protocol to communicate with each other distributing information about transactions and blocks across the network. Strictly speaking, nodes are the key component of the blockchain network.
Nodes may be lightweight and full
A full node is any computer that is fully synced with the blockchain network. Each full node has a copy of all blockchain data — starting from the genesis block and ending with the last generated block — on its hard drive. After each new block is created, information is updated, i. e. it's always up-to-date.
A light node is also fully synced with the network, but it does not store all the information from the blockchain on its hard drive — it only services the network. Most nodes in the network are lightweight; however, full nodes form the backbone of the network.
What are nodes for?
All nodes support network operations: they automatically validate transactions and generate new blocks while protecting the network from fraudulent activities. In many networks, node owners (miners) are rewarded with new coins that are generated with new blocks.
(https://d.radikal.ru/d10/1812/db/3f22b7113443.png) (https://radikal.ru)
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Using Exchange on SIGEN Platform
The SIGEN platform has its own cryptocurrency exchange with easy-to-use and convenient functionalities. You can use it to make profit on price fluctuations. Buy cryptocurrencies at one price and sell them at another price to make money.
How do I start trading?
First of all, fill up your exchange account. To do this:
- Click the profile icon in the upper right corner of the page to open the menu. In the Deposit/Withdrawal section, select the line with the appropriate cryptocurrency wallet and click it to see your one-time address to deposit funds (the address will automatically change after each deposit).
- Transfer funds to the indicated address and wait for the proper validation of the transaction in the blockchain for the transfer to be deposited on your account.
After the transfer is completed, you can start trading on the exchange. Navigate to the Exchange section and create an order with the terms you want. To do this:
- Select the cryptocurrency pair of your choice in the upper right corner of the page.
- Create a buy or sell order. Click the amount next to the Available label, and the system will automatically make a calculation for the entire amount based on the current market price. If you want to change the price and the amount, do so manually. You can also create multiple orders with varying terms.
Please note: you can buy/sell cryptocurrency instantaneously if the Buy orders and Sell orders columns already include orders that comply with your terms. If currently there's no match, your order will need some time to work — you'll need to wait for other exchange users to respond.
An order may require one or multiple transactions to work, depending on the market demand. After each transaction, the appropriate amount will be displayed on your balance.
As you can see, using the SIGEN exchange is really easy, and your profit may be quite large since cryptocurrencies are very volatile, and their price may change by hundreds of percent in a single day. All you need to do is understand how the exchange works and start trading.
We wish you successful trading and large profits!
(https://a.radikal.ru/a06/1812/a6/ffe774895824.png) (https://radikal.ru)
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Happy New Year from SIGEN
Save on fees with SIGEN
Different crypto exchanges charge different fees on transactions, deposit, and withdrawals. Most often the fees are pretty high. Is there a way to avoid high fees? Yes.
Fees are a headache for traders and investors.
When trading in crypto exchanges, the thing traders and investors complain about most is high fees. A fee is in the amount of some percentage of each transaction. Moreover, in some crypto exchanges only buyers are charged with a fee whereas in others both buyers and sellers have to pay a percentage.
A crypto exchange can also charge different fees on withdrawal to different payment systems. Sometimes, with the help of the amount of a fees, crypto exchanges give preference to a particular cryptocurrency. In other words, most of cryptocurrency exchanges use fees as a great possibility to manipulate users' behavior and make money on it. However, not all exchanges stick to this policy.
SIGEN has no fees charged for cryptocurrency deposits/withdrawals while the transaction fee is just 0.1%.
The SIGEN platform doesn't use fees as a means of pressure on traders. It has the lowest possible fees.
- No fees are applied to cryptocurrency deposits and withdrawals
- The fee for a transaction on P2P platform and exchange is charged both for the buyer and the seller, and equals to 0.1% from each party.
These conditions are attractive for all traders but they are most favorable for newbies who due to high fees on other platforms, can't make a big profit.
Low transaction fees and no fees applied to deposit and withdrawal allow traders including those trading with a small amount to trade with no losses. We follow this policy as we intend to make cryptocurrencies available for anyone.
Use the SIGEN platform and take advantage of the lowest possible fees.
(https://b.radikal.ru/b05/1812/a2/d65f10c74f92.png) (https://radikal.ru)
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Cryptocurrency Trading: Where to Start
Investing in cryptocurrencies attracts more and more people, as does cryptocurrency trading. However, before entering the cryptocurrency market, one should do certain things to create a solid base for further success.
Sources of knowledge
First, you need to try and find out as much as possible about the blockchain, cryptocurrency, crypto market — study all materials you possibly can. But don't delve too deeply into the technical details and blockchain history — focus on the financial aspect instead. You can find abundant information on YouTube, Telegram channels, etc.
Storage for money
When working on the crypto market, you must select a storage for your coins. Historically, cryptocurrency exchanges are not a safe place for storage — they're prone to technical glitches, hackers carry out successful attacks on them, exchange management can even change the rules at their discretion. This is why a more reliable option is a wallet or multiple wallets on computers that must also be copied to the external media. You should, however, retain some money on the exchange — just in case you will need to rapidly react to leaps prices.
Market gurus
The key and most influential news of the cryptocurrency market originate with cryptocurrency founders, advanced crypto enthusiasts with multi-million income and successful crypto investors. Among others, they include Charlie Lee, Vitalik Buterin, Roger Veer and about 10 more names. You should follow them in the social media.
Colleagues
You should also join chats of cryptocurrency traders. Here you can find practical knowledge about trading and consult experts avoiding mistakes. But don't trust all of them blindly. First of all, trust what you've learned yourself.
Cool head and iron nerves
One of the first rules to be adopted by a fledgling cryptocurrency trader is avoiding to trade on an impulse. In other words, don't give in to excitement or panic. Learn to play cool from the very beginning, stay reasonable casting aside greed and fear.
(https://c.radikal.ru/c13/1901/97/5e3933c2fa3e.png) (https://radikal.ru)
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Trading Volume as a Trader's Basic Tool
The trading volume indicator reflects the number of cryptocurrency transactions over a period of time, i. e. whether traders are interested or not in a coin. Let's review this indicator in more detail:
Volume and price
Volume is a basic cryptocurrency trading indicator that can be used to make decisions regarding investment and trading. It allows you to forecast price movements fairly accurately. It's because, surprisingly enough, it's not the price that dictates the volume; rather, it's the cryptocurrency market volume that determines the cryptocurrency price.
It's easy to prove. You can just have a look at the share of Bitcoin on the crypto market and at its price in comparison to other cryptocurrencies. Bitcoin price hike is made possible by a huge market volume. Volume always comes first, ahead of price. Volume indicators are the first to change followed by price. Accordingly, when a cryptocurrency falls away in traders' interest, volume shrinks first followed by a decrease in price.
Price patterns
Trading volume may be used to analyze price patterns based on the established dependency between volume and price. With any price pattern, volume growth must be followed by cryptocurrency price growth. Additionally, you must pay attention to the stability of support and resistance lines. A stable support line shows that the volume is high.
Moreover, it's important to analyze volume movements both vertically — based on the current volume — and horizontally which allows you to assess trend stability over time.
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Free TON is now on SIGEN.pro!
Dear friends! Our platform continues to actively develop, and the addition of new promising coins for trading is one of the most important and mandatory steps along this path.
TON Crystal (TON), the main coin of the Free TON decentralized crypto project, is being traded on SIGEN.pro from today.
The Free TON project is based on the Telegram Open Network code, which was developed by the brilliant programmer Nikolai Durov (Pavel Durov's brother and one of the founders of VKontakte) and the Telegram team.
And although Pavel Durov was unable to launch the project because of the SEC, the developers and the community launched it themselves based on open source. Telegram Open Network was developed by the best Telegram programmers. Blockchain has many advantages over other decentralized protocols and tremendous prospects. He is able to change the world!
TON Crystal was added to 3 directions at once:
- On the exchange in a pair to BTC;
- To a p2p platform for buying / selling TON Crystal for fiat money;
- To the automatic exchanger for 1-click transactions;
Especially for the Free TON community, we emphasize the key advantages of SIGEN.pro:
- 4 in 1: exchange, p2p-platform, exchanger and your convenient multicurrency crypto wallet;
- 0% commission;
- Reliable protection of your account;
- Transactions for cryptocurrencies and fiat money;
- Safe system ESCROW and Social Trust Scoring;
- Automatic input / output;
- 24/7 technical support and live chat;
- Convenient TradingView interface and charts;
- Automatic exchanger for instant purchases / sales;
- Convenient multifunctional mobile application;
- And much more.
SIGEN.pro becomes the first trading platform to fully add the Free TON project. We fully support the beginnings of the project, their idea of decentralization and wish them a happy future. The future together with SIGEN.pro!
And yet, especially for our users, we wrote an article where we spoke in detail about the Free TON project, its features and prospects. Enjoy reading!
Link to article: https://teletype.in/@sigen.pro/hxM6CR0us
Buy / sell TON Crystal at SIGEN.pro: https://sigen.pro/
Best regards, SIGEN.pro team!
(https://i.imgur.com/WAwTkJg.jpg)
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Leading media write about SIGEN.pro: our popularity is gaining momentum!
Dear users, our trading platform continues to evolve and gain popularity rapidly. After we added Free TON to the platform, the whole world started talking about us. Popular crypto portals, both Russian and foreign, began to write articles about SIGEN.pro.
Now hundreds of thousands of crypto enthusiasts from all over the world have a great opportunity to learn about us. And independently feel how profitable and pleasant it is - to trade cryptocurrency with maximum convenience and absolutely no commissions!
So, you can already read about us here:
In Russian
DeCenter: https://decenter.org/ru/sigen-pro-razmestila-ton-crystal-free-ton
Bitnovosti: https://bitnovosti.com/2020/10/13/sigen-pro-razmestila-ton-crystal-free-ton/
BitLenta: https://t.me/BitLenta/5341
CoinFox:
http://www.coinfox.ru/novosti/kompanii/12154-sigen-pro-razmestila-ton-crystal-free-ton
Hash Telegraph: https://hashtelegraph.com/sigen-pro-razmestila-ton-crystal-free-ton/
Beincrypto: https://beincrypto.ru/sigen-pro-razmestila-ton-crystal-free-ton/
BitsMedia:
https://bits.media/pr/na-birzhe-sigen-pro-provela-listing-tokenov-ton-crystal-proekta-free-ton/
Izvestia:
https://www.izvestia.net.ua/kriptovalyuta/sigen-pro-razmestila-ton-crystal-free-ton/
Сryptos TV: https://cryptos.tv/sigen-pro-razmestila-ton-crystal-free-ton/
SmartMoney:
https://smartmoney.one/news/sigen-pro-razmestila-ton-crystal-free-ton/1574511
NewsBTC (RU):
https://ru.newsbtc.com/2020/10/13/sigen-pro-listed-ton-crystal-free-ton/
In English
NewsBTC (EN):
https://www.newsbtc.com/press-releases/sigen-pro-lists-ton-crystal-free-ton/
Bitcoinist: https://bitcoinist.com/sigen-pro-lists-ton-crystal-free-ton-cryptocurrency/
LiveBitcoinNews: https://www.livebitcoinnews.com/sigen-pro-lists-ton-crystal-free-ton/
Сoingenius: https://coingenius.news/sigen-pro-lists-ton-crystal-free-ton/
In spanish
ASDMarkets: https://asdmarkets.com/cryptocurrency/sigen-pro-ha-publicado-ton-crystal-free-ton/
We are sure that the crypto community will appreciate the capabilities of our platform, and very soon the audience of SIGEN.pro will significantly expand both in terms of quantity and geography. And this, in turn, will have a positive effect on all users of the platform!
We are waiting for new publications! Best regards, SIGEN.pro team!
(https://i.imgur.com/ePHEDM7.jpg)
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New version of the mobile application and new functionality!
Dear users! We have released a major update to the mobile app, which is already available for download.
The key innovation is the addition of the TON Crystal coin from the Free TON project. The application has added full support for the new cryptocurrency, including the wallet and trading functionality on the exchange and p2p platform. Update and be among the first Free TON users. Join the legendary project!
List of other changes:
- Fixed some bugs;
- Optimized the application.
Download update for Android:
https://play.google.com/store/apps/details?id=com.sigen.sigen
Download iOS update
https://apps.apple.com/ru/app/sigen/id1505741102
In addition to updating the application, we have made several changes to the functionality of the platform itself:
Changed the settings for TON in the wallet, reducing the network commission for withdrawals by 10 times. Total:
Minimum input - 1 TON
Minimum withdrawal - 5 TON
Network commission - 0.1 TON
Updated the TON listing banner and added the option to hide it.
We remind you that you can learn more about Free TON in our article: https://teletype.in/@sigen.pro/hxM6CR0us
Have a nice day and enjoy using the application!
Thank you for choosing SIGEN.pro!
(https://i.imgur.com/cVSL48E.jpg)
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Dear users!
A new version of our SIGEN mobile app for iOS and Google Play has been released.
- Active links have been added to Push notifications, with the help of them you can quickly get to the desired section of the application
- Added support for Indonesian language in the application
- Added detailed information on the TON cryptocurrency in transactions
- Fixed bugs in previous versions
Thank you for choosing SIGEN.pro!
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Dear users!
There are now many programs on the Internet that allow you to take a fake screenshot with a bank transfer confirmation. Fraudsters actively use this, operating on various p2p platforms and other services based on direct user interaction with each other.
In this regard, we once again remind you of the main rule of safe transactions on the p2p platform:
Never confirm a transaction until you are personally convinced of the receipt of money on your card. A screenshot of the transfer of funds should not serve as a sufficient basis for confirming the transaction. Always check the receipt of funds yourself!
Be careful not to fall for the bait of intruders.
Best regards, SIGEN.pro team!
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I hope your project can compete with other products.
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Thank you for your comment! Our team makes a lot of effort and resources for this.
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How to sell TON for BTC through the SIGEN.pro mobile application
The SIGEN.pro mobile application is a convenient way to sell TON coins quickly, safely and profitably, wherever you are. Watch the video tutorial on how to sell TON for Bitcoins using a mobile application and withdraw them to your wallet. And no commissions for transactions!
Link to instruction:
Best regards, SIGEN.pro team
(https://i.imgur.com/rly5CcJ.jpg)
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How to sell TON for any currencies of the world through the SIGEN.pro mobile application
The SIGEN.pro mobile application allows you to easily not only buy, but also sell TON Crystal - wherever you are. We prepared a video instruction on how to sell TON for fiat money on a p2p platform using a mobile application - at a favorable rate and without commissions.
Link to instruction:
Best regards, SIGEN.pro team!
(https://i.imgur.com/hnX7BeG.jpg)
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How to quickly and profitably sell TON for BTC on SIGEN.pro
We have prepared a short video tutorial on how to quickly and profitably sell TON Crystal coins for BTC, and then withdraw them to your Bitcoin wallet. Convenient, secure and no transaction fees.
Link to instruction:
Best regards, SIGEN.pro team!
(https://i.imgur.com/UZIudKl.jpg)
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How to sell TON for BTC through the SIGEN.pro mobile application
The SIGEN.pro mobile application is a convenient way to sell TON coins quickly, safely and profitably, wherever you are. Watch the video tutorial on how to sell TON for Bitcoins using a mobile application and withdraw them to your wallet. And no commissions for transactions!
Link to instruction:
Best regards, SIGEN.pro team!
(https://i.imgur.com/fxsm5Lw.jpg)
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How easy it is to buy TON for fiat money and withdraw to your wallet
We continue the series of video instructions on how to conveniently purchase TON Crystal on SIGEN.pro. This time we clearly demonstrate how easy, profitable and fast it is to buy coins for fiat money (rubles, hryvnia, dollars, etc.) on a p2p platform, and then withdraw them to your wallet. As always - safe and commission-free.
Link to instruction:
Best regards, SIGEN.pro team!
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How to buy TON for fiat money through the SIGEN.pro mobile application and withdraw it to your wallet
The SIGEN.pro mobile app makes it easy to buy TON Crystal anytime, anywhere. Watch the video on how to buy TON using a mobile application for any currencies of the world on a p2p platform and withdraw them to your wallet. As always - fast, safe and commission-free.
Link to instruction:
Best regards, SIGEN.pro team!
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How to buy TON on SIGEN.pro in a few clicks, even without registration?
Want to buy TON Crystal coins without any hassle? Then use the convenient exchanger at SIGEN.pro - you don't even have to register. Just a few clicks - and you already have coins! How to do it - see our video tutorial
Link to instruction:
Use it with pleasure!
Best regards, SIGEN.pro team!
(https://i.imgur.com/wR78BOP.jpg)
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How to quickly and profitably buy TON for BTC through the SIGEN.pro mobile application
The SIGEN.pro mobile application is a great opportunity to buy TON Crystal for BTC at a profit. It doesn't matter where you are, you can always buy TON coins on our exchange without commission and withdraw them to your wallet. We have prepared a video instruction on how to do it - quickly, conveniently and safely.
Link to instruction:
Best regards, SIGEN.pro team!
(https://i.imgur.com/C65Ulag.jpg)
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How to quickly, safely and profitably buy TON for BTC on the SIGEN.pro exchange
You can quickly, safely and profitably buy TON Crystal for BTC on the SIGEN.pro exchange. Note that all transactions here are made absolutely commission-free - and this is a huge advantage of SIGEN.pro over other exchanges! Our video tutorial will help you figure out how to do it.
Link to instruction:
Best regards, SIGEN.pro team!
(https://i.imgur.com/ykDkMuz.jpg)
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How to enter TON on SIGEN.pro and sell on a p2p platform for any currencies of the world
On the SIGEN.pro trading platform, you can quickly, safely and absolutely commission-free sell TON Crystal for fiat money, from almost anywhere in the world. We have prepared a video instruction for you on how to send TON coins to SIGEN.pro from your wallet (by the way, it will take you less than a minute) and sell them on a p2p site on favorable terms for you.
Link to instruction:
Use it with pleasure!
Best regards, SIGEN.pro team!
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How to sell TON for BTC in a couple of clicks and without registration? It couldn't be easier!
Do you want to profitably sell TON Crystal coins for BTC and not waste a single second on formalities? A fast and convenient exchanger at SIGEN.pro will help you. - just a few clicks are enough to exchange TON for BTC here! Read more in our video tutorial
Link to instruction:
Use it with pleasure!
Best regards, SIGEN.pro team!
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Bip (Minter Network) coin is already in the SIGEN.pro mobile application!
Friends, the day before yesterday we listed the BIP (Minter Network) cryptocurrency on our trading platform. And today we have successfully added it to the SIGEN.pro mobile application!
In the mobile application, transactions with BIP are implemented both on the exchange and on p2p. The application supports the full functionality of the platform (excluding the exchanger).
In addition to the BIP listing, several innovations have been made to the mobile application, which migrated from the updated web version:
- Added the ability to select a commission when withdrawing BTC.
- Implemented the «Change BTC» function when withdrawing, so that the system automatically returns unspent coins to your balance;
We also fixed minor bugs and optimized the system even better.
Download updated app:
- for Android: https://play.google.com/store/apps/details?id=com.sigen.sigen
- for iOS: https://apps.apple.com/ru/app/sigen/id1505741102
Best regards, SIGEN.pro team!
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PRIZM output restored!
Dear participants, we have reopened the PRIZM coin withdrawal. We remind you that a few days ago there was a failure in the PRIZM network and we had to close the coin withdrawal at the request of the PRIZM team, which was engaged in its elimination.
And now the PRIZM developers have already fixed the failure and its consequences, after which they allowed the exchanges to reopen the withdrawal of coins. What we have done now!
Thank you for your understanding and we hope that this will not happen again
Best regards, SIGEN.pro team!
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Dear users. Our technical support is spent on technical work.
In the next 5 hours, we will not be able to process user requests. Immediately after the end of the technical work, we will begin to consider applications as usual, but the consideration of all accumulated applications may take some time
We ask you to be patient and wait for a response to your requests. We will definitely consider all applications!
Thanks for your understanding
Best regards, SIGEN.pro team!
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Solemn news. Today we launched our own media portal - a full-fledged media magazine about cryptocurrencies and blockchain
Here we will publish current news, interesting articles, analytical forecasts, reviews, interviews, training materials and other useful content.
All content on the media portal is unique and is written only by professional authors. Our goal is to become # 1 crypto media!
Your own media magazine is a great opportunity for you to learn about important events in the crypto world right on SIGEN.pro. In addition, this is a big step towards popularizing both the trading platform itself and the projects of our partners. We are confident that this step will take all of us to a new level of development.
- Our media magazine: https://media.sigen.pro/
- Telegram: https://t.me/SIGEN_Media
- Twitter: https://twitter.com/MediaSigen
Be sure to subscribe!
Our first article honors the BIP listing (@MinterNetwork): https://media.sigen.pro/allarticles/articles/183/
Welcome to SIGEN.pro media!
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UMI / PZM pair will be disconnected soon!
Dear users! In the next update, which will take place in just a couple of days, we will disable the UMI / PZM trading pair on the exchange.
The liquidity for this pair is minimal and we see no reason to spend resources and support this direction of trading in the future.
However, you can still buy / sell PRIZM on a p2p platform for fiat or on an exchange via Bitcoin.
Thank you for understanding!
Best regards, SIGEN.pro team!
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Good news!
Friends, our trading platform continues to actively develop along with our main partners - UMI cryptocurrency and ROY Club. We are glad to share great news about new records!
We already have over 100,000 active users! Active users mean users who have entered / withdrawn coins or made any transactions on the exchange or p2p site.
Of these, about 5,000 people use the platform daily.
In total, there are over 180,000 registrations on the platform.
This is simply an amazing result that clearly demonstrates our growth and development. By achieving such records, we are starting to follow the path of the giants of the crypto industry. Further more.
Congratulations to our users with new records and thank you for their activity. This would not have been possible without you.
Best regards, SIGEN.pro team!
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FREE TON at SIGEN.pro: easy to buy, easy to sell!
Got TON Crystal? Then welcome to SIGEN.pro. This is a convenient opportunity to make any transactions with TON at a favorable rate and without commissions.
On SIGEN.pro you can buy / sell TON in three directions at once:
- On the exchange for bitcoins - BTC:
https://sigen.pro/trading/TON_BTC;
- On a p2p site for fiat money:
https://sigen.pro/p2p/buy?ccy=ton;
- Through an automatic exchanger in 1 click:
https://sigen.pro/swap.
Fast, profitable, safe!
Best regards, SIGEN.pro team!
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Hello brother, sigen a popular cryptocurrency trading platform, exchange, p2p platform and exchange but I don't find it in coingekco and coinmarketcap cap? If any Link please share here.
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Hello brother, sigen a popular cryptocurrency trading platform, exchange, p2p platform and exchange but I don't find it in coingekco and coinmarketcap cap? If any Link please share here.
Hello.
Link to "coinmarketcap":
https://coinmarketcap.com/en/exchanges/sigen-pro/
Work on filling this site is still underway.
Negotiations are currently underway with the coingekco platform, and soon there will be sigen.pro with trade volumes.
All "monitors" to which sigen.pro is added are presented on the main page of the site (13 monitors):
https://sigen.pro/
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Media SIGEN.pro
Do you want to always be aware of the events of the crypto world? SIGEN.pro media - at your service!
Here you will find current news, interesting articles, analytical forecasts, reviews, interviews, training materials and other author's content.
SIGEN.pro Media is your ideal companion in the world of cryptocurrencies!
SIGEN.pro Media Portal: https://media.sigen.pro/
Telegram channel Media SIGEN.pro: https://t.me/SIGEN_Media
Best regards, SIGEN.pro team!
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Dear users! SIGEN.pro platform has been updated.
List of changes:
- Made rounding to whole values in BIP cryptocurrency in P2P statistics;
- Added a cryptocurrency prefix for BTC / LTC / ETH to the generation of a QR code in the address manager;
- Fixed copying of the address in the Wallet (mobile layout, Safari);
- Fixed the display values in the P2P statistics. For sale / for purchase for all cryptocurrencies except BTC.
Best regards, SIGEN.pro team!
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What is FREE TON and why is it so promising?
The Free TON project and its TON Crystal coin (abbr - TON) are based on the Telegram Open Network code, which was developed by the ingenious programmer Nikolai Durov (Pavel Durov's brother and one of the founders of VKontakte) and the Telegram team.
And although Pavel Durov was unable to launch the project because of the SEC, the developers and the community launched it themselves based on open source. Telegram Open Network was developed by the best Telegram programmers. Blockchain has many advantages over other decentralized protocols and tremendous prospects. He is able to change the world!
Read more about Free TON here:
https://teletype.in/@sigen.pro/hxM6CR0us
You can buy TON on SIGEN.pro - no commissions and for any currencies of the world: https://sigen.pro/
Best regards, SIGEN.pro team!
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I have a Sigen account, I have used it a couple of times, at the initial stages of acquaintance with cryptocurrency, a very convenient exchanger
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Happy half year to UMI cryptocurrency!
Friends, today one of our most important partners - UMI cryptocurrency - is six months old. We sincerely congratulate the UMI team and all users of the coin on this significant date, wish you happiness, prosperity and prosperity!
We are confident that UMI has great prospects, and for our part we are always ready to help it develop!
In addition, on the occasion of this wonderful anniversary, we, together with the UMI team and the ROY Club, launched a cool competition with many cool prizes and a super-prize - an elite Mercedes-Benz CLA 250 with maximum configuration!
Mercedes-Benz CLA 250 drawing conditions:
https://teletype.in/@royclubofficial/tvC0Zqm7t
Hurry up to take part!
Best regards, SIGEN.pro team!
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I have a Sigen account, I have used it a couple of times, at the initial stages of acquaintance with cryptocurrency, a very convenient exchanger
Hello. Thank you for your comment. SIGEN.pro does not stand still and is actively developing. We will continue to delight our users in the future.
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SIGEN.pro application update
Dear users! Today our partners, the ROY Club community, are celebrating their second anniversary. And therefore, our team has tried and as quickly as possible (but efficiently), released an improved version of the SIGEN.pro application. We congratulate our partners and wish them further development!
We are proud to present you a new, updated application of the SIGEN.pro marketplace. It is already available for download on Google Play and the App Store and will surprise you with its capabilities and improved design.
Changes include:
- Completely redesigned the application
- Changed the design of the application
- Changed the application icon
- Added display of IDs of custom orders on the exchange
- Added translation of the application into Chinese and Spanish
- Fixed bugs of the previous version
We hope you enjoy the changes as our team has worked very hard to improve the app. Naturally, we will not stop developing it in the future, so stay tuned for news, updates and use the latest version of SIGEN.pro mobile
Update or download the app right now:
For Android:
https://play.google.com/store/apps/details?id=com.sigen.sigen
For iOS:
https://apps.apple.com/ru/app/sigen/id1505741102
Best regards, SIGEN.pro team!
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Dear users! SIGEN.pro platform has been updated.
List of hotfix changes:
- Added a dark theme on the pages: blockchain; landing pages - how to trade on P2P, Exchange, Exchanger
- Added display of the last block number in the System Status.
Best regards, SIGEN.pro team!
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We invite you to the survey!
Dear users!
We strive to become better for you and to improve the quality of service.
And for this we need your help!
We ask you to take a short survey about your experience of interacting with cryptocurrency exchanges and experience of using the SIGEN.pro platform.
The survey will take literally 5 minutes, but it will give us important information for the development of the site
We will be very grateful for your participation!
Take a survey
https://oprosso.net/p/vDk799wFTHfGKG8ox
Best regards, SIGEN.pro team!
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Buy and sell TON for BTC without commissions!
The SIGEN.pro platform allows you to buy and sell TON coins for BTC - quickly, conveniently and without commissions. Just go to our exchange and make a deal.
At SIGEN.pro you can always buy / sell TON Crystal coins at a favorable rate, both for small and large volumes. Because in the buy and sell glasses there are many offers for tens of thousands of dollars.
The deposit / withdrawal of cryptocurrencies works automatically, and the commission of the TON network when withdrawing is only 0.1 coins. 10 times less than other resources.
And all this is accompanied by a convenient mobile application, an intuitive interface, TradingView charts, 24/7 technical support and a live chat.
Buy / sell TON on the exchange for BTC:
https: //sigen.pro/trading/TON_BTC
Instructions on how to sell TON on the exchange:
https: //youtu.be/iYlK8p8eutQ
Instructions on how to sell TON through a mobile application:
https: //youtu.be/GN5PW-J7MpU
Best regards, SIGEN.pro team!
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Dear users! Technical work on the site has been completed.
- Added a dark theme for the Trade confirmation window;
- Added display of 4 signs in courses when creating an offer for PZM;
- Added an improvement in password validation for new registered users;
- For a dark theme, the offer creation window is highlighted;
- All users of the Exchange are forced to check the boxes of all cryptocurrencies in the dashboard;
- Removed the New inscription in Crypto-media in the footer if the user made a transition in the landing page and vice versa;
- Removed scroll bars in Firefox (on P2P payment methods, login / registration window);
- Minor site layout improvements.
Best regards, SIGEN.pro team!
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Beware of Fraudsters!
Attention, dear users! We are informed about a fraudulent scheme: criminals, hiding behind the support of SIGEN.pro, lure access to accounts from users.
According to our information, scammers write to users in telegram under various pretexts. For example, they report that there is no registration in the MEGA-DRAW from UMI and the ROY Club and they allegedly demand to subscribe to SIGEN.pro. But in fact, they offer gullible users to forward all letters to someone else's address, as a result of which they gain access to accounts.
Never and in any case, do not include forwarding letters from your mail. Our site will never ask you for this.
Additionally, we recommend connecting Google Authenticator in the security settings. This will significantly reduce the risk of account theft, even if fraudsters get some of your data.
Also, pay attention to the site's domain. sigen.support - scam domain.
We ask you to be careful!
Best regards, SIGEN.pro team!
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Attention!
We officially declare that the domain sigen.support has nothing to do with SIGEN.pro. If they write to you from the mail [email protected], ask to follow the link or use this domain in any other way - these are scammers!
Please note that SIGEN.pro will never ask you to set up mail forwarding. If you see the word "forwarding" and requests to set up "forwarding" from unknown persons - these are scammers!
Be careful!
Best regards, SIGEN.pro team!
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Good news! Innovations! SIGEN is developing!
- In P2P Trading for UMI, the ability to create only one buy / sell offer was returned,
- In P2P Trading, when making a deal and paying in cash, the maximum payment time is set to 24 hours,
- Added a window with information about additional account protection (when entering funds and switching to the wallet),
- Added New Year theme for landing and Marketplace,
- Optimized loading of the Frontend part of the landing page,
- Added input validation in the field for adding a new contact to your profile,
- Added sending a message in the transaction chat by pressing Enter, by pressing Crtl + Enter - line break,
- Added a warning in the Wallet about the impossibility of using ETH contracts
Thanks for attention!
Best regards, SIGEN.pro team!
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Important! New chatbot with notifications!
Dear users, we have made a number of important changes and updates to the chatbot with notifications. This was impossible to implement on the basis of the old chatbot, so a new one was created - @SigenNotifyBot.
The old @sigenbot chatbot will not be supported by our platform.
To connect a new chatbot, you need:
- Log into your account at SIGEN.pro
- Go to the menu: My profile - Notifications
- Copy personal code for notifications
- Open chatbot @SigenNotifyBot
- Launch chatbot and send your personal code
After that, you will continue to receive notifications in the new chatbot.
Best regards, SIGEN.pro team!
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Our channel already has over 1500 subscribers!
Dear friends! Our crypto-media portal SIGEN.pro launched just a little over a week ago, and we already have over 1500 subscribers in the telegram channel!
We sincerely thank you for your support - it is very important to us, especially at first. We value each of you and, in turn, promise to constantly delight you with interesting and useful materials from the world of the crypto industry, blockchain and finance. With us, you will always be in the know and learn to understand cryptocurrencies as easily as in your smartphone.
Thanks again, friends!
Best regards, the SIGEN.pro media team is your ideal companion in the world of cryptocurrencies!
Best regards, SIGEN.pro team!
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Use cryptocurrencies wherever you are!
Do you want to urgently withdraw coins from SIGEN.pro? Have you seen a bargain price for buying cryptocurrency, but going on vacation? Now this is not a problem, because SIGEN.pro is always at hand thanks to our mobile application!
In the application, you have access to the full functionality of the exchange, P2P sites, as well as wallets and transactions in cryptocurrency. Everything you need is now in your smartphone and works without any problems even via mobile Internet
The application is constantly evolving and in the future the functionality will become wider, and the application itself will be even faster and more convenient. In addition, we have taken care of the maximum security of your profile when using the application, so even if you lose your smartphone, your coins will not go anywhere!
Download the SIGEN.pro Mobile app now and test its capabilities yourself! And don't forget to rate and review
SIGEN.pro application
Download on iOS
https://apps.apple.com/ru/app/sigen/id1505741102
Download on Android
https://play.google.com/store/apps/details?id=com.sigen.sigen
Best regards, SIGEN.pro team!
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Explosive growth and optimization!
Friends, we have great news! Recently, the load on SIGEN.pro has increased significantly. This is both an influx of new users and a high activity of existing ones. We are glad that SIGEN.pro is growing, developing and that you are using our platform to the maximum.
However, due to such a lot of activity, there may be minor problems with the service. But don't worry - our team is already actively working on optimizing the functionality. In the coming days, everything will run like clockwork again
And if you encounter any problem - write to the technical support on the page.
https://sigen.pro/support
We will resolve your issue as soon as possible.
Thank you for understanding!
Best regards, SIGEN.pro team!
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About the UMI course
Soon in our bot, on the SIGEN.pro trading platform and in all mobile applications, the current coin rate will be displayed, which will change depending on the market.
Technical work in this regard is already underway in all areas. When every detail is polished to a shine, everything will start.
Now the numbers are as follows: over the past 4 days, the UMI exchange rate on SIGEN.pro has grown by 55% and today is $ 1.55 per coin. On the p2p platform, the cryptocurrency is traded in the region of 108-110 rubles.
Best regards, SIGEN.pro team!
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Incredible activity on SIGEN.pro
Dear users! In recent days, many new people have come to our site. And those who were already with us began to show even greater activity in the sale and purchase of cryptocurrency.
This is great news, as trading volumes and the attractiveness of our site as a whole are growing with the growth of the number of users. This means that we will be introducing more new features and functionality in the near future.
However, there is another side - the system is currently slightly overloaded, there are minor malfunctions in operation. For example, notifications may be delayed. But our team is already actively working on this issue, and soon even minimal problems will be eliminated.
Thank you for your understanding and thank you for your support!
Best regards, SIGEN.pro team!
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New features at SIGEN.pro
Dear users! We have added several useful functions to the trading platform that will make your interaction with SIGEN.pro even more convenient, and also fixed a number of bugs.
List of changes:
- Added display of the average cryptocurrency rate in statistics: for 1 hour, 1 day, 1 week, 1 month.
- Added the "Suspicious" filter for the offered offers on the p2p platform. The filter includes offers whose rate is higher or lower than the market rate by more than 30%.
- Added a hint about a suspicious course when making a deal.
- At the conclusion of the transaction, the rate value was highlighted in bold.
- Fixed a bug with push notifications in the login notification. Now notifications are received correctly.
- Fixed other minor bugs.
We also continue to actively work on optimizing the site and servers in order to successfully withstand even the most maximum loads. So very soon the site will work faster, more stable and without errors.
Best regards, SIGEN.pro team!
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TON for Fiat Money: Safe and Convenient on a P2P Site
The p2p trading platform at SIGEN.pro allows you to easily sell and buy TON Crystal coins for rubles, hryvnia, dollars, euros and any other currencies of the world. And all this is completely safe and without any commissions.
SIGEN.pro acts as a guarantor of the transaction thanks to the ESCROW system: the seller's cryptocurrency is frozen and goes to the buyer only after the seller receives payment. Therefore, neither one nor the other party bears risks.
There is a rating system - Social Trust Scoring, thanks to which buyers / sellers can see user reviews and statistics, and, based on this, choose only reliable contractors.
The p2p trading platform supports transactions using bank transfers and electronic payment systems. Average transaction time is only 15 minutes.
See for yourself how easy and simple it is!
Buy / sell TON on a p2p platform for fiat money:
https://sigen.pro/p2p/buy?ccy=ton
How to buy TON on a p2p platform:
https: //youtu.be/WPOWyMLexho
Best regards, SIGEN.pro team!
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SIGEN.pro mobile application update
Dear users, we have great news! We have updated the SIGEN.pro mobile application and made a number of important and useful changes.
Innovations:
- Increased the accuracy of filtering by the number of characters after the separator on P2P.
- Increased the area of pressing buttons.
- Added "structure income" column.
- Added information about suspicious offers.
- Changed the work of the filter pinning function to P2P (the selected parameters are saved by default).
- Optimized PUSH notifications.
Fixes:
- Fixed layout errors.
- Fixed a bug with duplicate orders on the exchange.
- Fixed a bug with updating the course.
Hurry up to install the update - now the SIGEN.pro mobile phone is even more convenient and user-friendly. And we will get even better in the future, so stay tuned and stay tuned.
Download on Google Playhttps:
https://play.google.com/store/apps/details?Id=com.sigen.sigen
Download on the App Store
https://apps.apple.com/ru/app/sigen/id1505741102
Best regards, SIGEN.pro team!
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Dear users! Technical work on the site has been completed.
List of major changes:
- Added a ban on sending a message to the chat to the seller and the buyer when entering the moratorium;
- Added a drop-down list of the UMI course for an hour, day, week, month;
- Added the ability to send users to the moratorium when resetting the security code;
- Added line break in the Terms of the P2P deal (if there is / n);
- Fixed a bug with displaying the maximum transaction amount in an offer on P2P;
- Fixed a bug with displaying archive orders;
- Fixed offer auto-stop error when changing dynamic BTC offer;
- Improved display of messages in the Exchange chat;
- Optimized API statistics and sections Buy, Sell, My deals in P2P Trading.
Best regards, SIGEN.pro team!
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Massive update of Media.SIGEN.pro!
We have successfully carried out a large-scale update of the media portal and implemented a lot of cool features!
We integrated a completely new design developed from scratch. The site has become more modern, prettier, neater, and most importantly - much more convenient.
Both dark and light themes have been successfully implemented in both desktop and mobile versions.
We moved to a new engine and laid out the site from scratch. Now it loads several times faster, it has become much more comfortable to use, and from a technical point of view, it has become much more functional.
We added to the website and Telegram bot the ability to follow not only the current exchange rate of BTC, ETH, UMI, but also their dynamics over the last 24 hours.
We added the ability to read new articles directly in the Telegram channel through Instant View - without having to go to the site.
Use it with pleasure!
Updated website: https://media.sigen.pro/
Best regards, Media SIGEN.pro team!
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IPhone and iPad owners need an urgent update to iOS and iPadOS
Apple discovered security issues that affected, among other things, cryptocurrency wallets. Hackers were reportedly able to remotely access devices and steal cryptocurrency.
Coinbase tech lead Pete Kim was the first to point out the problem. He urged everyone to urgently update the software on the iPhone and iPad to the latest versions - iOS 14.4 and iPadOS 14.4.
Apple admitted that the vulnerability could be actively exploited. However, the company does not disclose all technical details, so the real degree of risk can only be guessed at.
Best regards, SIGEN.pro team!
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Cryptocurrency rate 24/7 on Media SIGEN.pro!
Friends! The cryptocurrency market is experiencing historical dynamics, and now it is more important than ever to follow the course of coins. Now, thanks to SIGEN.pro Media, you can do it 24/7, without even visiting any sites.
A bot is now working directly in the Telegram Media channel, which displays the current rates of BTC, ETH, UMI, as well as their dynamics over the last 24 hours.
The rate is fixed by the average value on several exchanges at once (according to the Cryptorank API). Thus, you see the average market rate without reference to a specific exchange.
The message with rates / dynamics is pinned and updated in real time.
The new functionality allows you to instantly and at any time track the rate of popular coins. Plunge into the cryptocurrency market with even greater comfort!
Subscribe to Media SIGEN.pro and follow the BTC, ETH and UMI rates in real time:
https://teleg.run/SIGEN_Media
Best regards, SIGEN.pro Media team!
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Dear users! Technical work on the site has been completed.
List of changes:
1. Instead of the existing two-factor authorization code, a 6-digit number is implemented;
2. Added the lifetime of the two-factor authorization code (30 minutes);
3. Optimized queries to the P2P server database.
Best regards, SIGEN.pro Media team!
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IMPORTANT: How to avoid blocking for cryptocurrency transactions?
Since January 30, the law prohibits banks in Russia from blocking customer accounts without explanation. However, even this, at first glance, positive news has its own nuances.
If the bank considers that it is being used for money laundering or terrorist financing, it will be suspended, and the client will have to prove the origin of the funds. Such operations with cryptocurrencies, even despite their legal status. And if the client does not provide the necessary documents, then his account may be blocked.
In our fresh material, we have collected the most complete information on the legal status of cryptocurrencies and tokens in Russia. We also prepared for you step-by-step instructions on how to avoid blocking and what to do if it does happen.
We advise you to keep this post:
https://media.sigen.pro/regulation/1674
Best regards, SIGEN.pro Media team!
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SIGEN.pro app available for HUAWEI
Dear users, our goal is to make cryptocurrency trading available to everyone. Therefore, we have added the SIGEN.pro app to the new store — HUAWEI AppGallery!
Now users of HUAWEI smartphones can evaluate all the features of our application without unnecessary complications. Just download SIGEN.pro to your smartphone and use all the capabilities of the exchange, p2p platform and automatic exchanger!
Install the app right now, share the news with other users, and don’t forget to give a good rating in AppGallery!
Download for HUAWEI
https://goo.su/4ATb
Download for Android
https://play.google.com/store/apps/details?id=com.sigen.sigen
Download for iPhone
https://apps.apple.com/ru/app/sigen/id1505741102
Best regards, SIGEN.pro team!
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Important update: checking coins for theft!
Dear users, from today on SIGEN.pro we are introducing a tracking system for stolen coins.
Our platform guarantees the safety of buying coins on the exchange, p2p platform and in the automatic exchanger. For those who buy coins in the SIGEN.pro ecosystem, nothing will change.
But if you buy coins elsewhere, the transactions will be checked for theft. If the system determines that the coins were mined dishonestly, they will be returned to the user who suffered from fraudsters.
Therefore, we recommend refusing dubious deals:
- In telegram chats — no one guarantees that the chat is not fraudulent
- «Guarantors» outside SIGEN.pro — under the guise of «guarantors» can hide fraudsters
- Friends — their accounts can be hacked or faked by scammers
Buying coins outside of SIGEN.pro you do it at your own peril and risk. If they turn out to be stolen, you will be left without money (which went to the thief) and without coins.
Be careful not to risk your funds.
Best regards, SIGEN.pro team!
(https://i.imgur.com/pKRbph8.jpg)
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Which Bitcoin wallet should you choose?
Bitcoin is growing, and with it the number of new participants in the crypto market. Everyone wants to get at least a little bit of the cherished asset, which has already established itself as a reliable means of accumulating and storing value.
However, after the long-awaited bitcoins are in your account, they will need to be transferred to a reliable storage. But how to choose a bitcoin wallet among the many on the crypto market?
You will get the answer to this question in our latest ranking of the best bitcoin wallets.
To read:
https://media.sigen.pro/reviews/1774
Best regards, SIGEN.pro team!
(https://i.imgur.com/DVpQE28.jpg)
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Dear users! Technical work on the site has been completed.
List of changes:
1. Improved news page on the site (redesign);
2. The Telegram bot added notifications about the opening and closing of the site (15 minutes before closing);
3. Added sending a notification to the Telegram bot about the request for a two-factor authorization code;
4. Optimized API and sockets for orders and statistics on the Exchange;
5. Improvements have been made to the Exchange chat.
Best regards, SIGEN.pro team!
(https://i.imgur.com/G38SznO.jpg)
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Cryptocurrency exchange in your pocket!
A real investor is always aware of the events that take place on the exchange. And with the SIGEN.pro mobile app you can make profitable deals wherever you are!
Conclude deals with just a couple of taps, exchange cryptocurrencies for cash on a P2P platform and carry out transactions from your wallets. Login to your account is protected by PIN-code and biometrics, and also confirmed via email and secret code, so you can be sure of the safety of your coins.
The application is supported by all modern Android and iOS devices. Download SIGEN.pro Mobile right now and trade cryptocurrencies without limits!
SIGEN.pro application:
Download for iOS
https://apps.apple.com/ru/app/sigen/id1505741102
Download on Android
https://play.google.com/store/apps/details?id=com.sigen.sigen
Best regards, SIGEN.pro team!
(https://i.imgur.com/CjqnUil.jpg)
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News digest from Sigen.pro
Friends, so that you are always up to date, we will weekly tell you about the most interesting news from the world of cryptocurrencies.
Last week’s news digest is ready and we are happy to share it with you. Read, send to partners and keep your finger on the pulse.
https://teletype.in/@sigen.pro/AeWoX9q_j
Best regards, SIGEN.pro team!
(https://i.imgur.com/GhgFQCe.jpg)
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Grouping transactions: I / O just got faster and more profitable
Dear users! We continue to work to improve our platform, making it even more convenient and profitable for you. Today we have successfully implemented a very important new function.
What we did:
- Added grouping of transactions for BTC and LTC. To put it as simply as possible: now input and output transactions from different users are grouped together into one block, and then sent to the network as one large transaction.
- As a result, we have reworked the very principle of input / output: now user transactions do not stand in the queue, waiting for confirmation one after another. They are sent to the network and confirmed at the same time, since they all fall into one block together.
What does this mean specifically for you:
- BTC and LTC coins will be withdrawn much faster.
- Entering coins (displaying cryptocurrencies on the balance) will also speed up.
The grouping of transactions is done automatically. You don't have to do anything.
We are sure that you will like the new feature. You can try it right now - everything is already working like clockwork. Enjoy your use!
Best regards, SIGEN.pro team!
(https://i.imgur.com/hLRHDmx.jpg)
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Dear users! The site has undergone technical work.
List of changes:
1. Moratorium of the user after logging in with the security code and trying to change the security settings;
2. Notifying the user by email and Telegram about entering the account;
3. Added the function of self-locking the user in the profile;
4. A link to block the account has been added to the letters;
5. Improving the usability of the site:
- Optimization of profile loading;
- Exchange. Correct display of the market depth chart;
- For each case when a code is requested, the letter informs what this code is for;
- Blockchain. Improved location of information;
- Improved the function of entering details in the profile.
Best regards, SIGEN.pro team!
(https://i.imgur.com/9lI65vg.jpg)
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Banks vs Bitcoin
A couple of years ago, the world's largest banks predicted an imminent death for bitcoin.
The head of JPMorgan believed that bitcoin was a scam, analysts at Citibank called it a bubble, and at Goldman Sachs last year they convinced clients not to invest in the first cryptocurrency.
Similar opinions were voiced at VTB, Otkritie Bank and by the head of the Bank of Russia Elvira Nabiullina. However, in 2021 the situation changed radically, including in Russia.
Read on in our latest post on how the banking sector went from hate to Bitcoin adoption and what was the catalyst for this revaluation.
Read: https://media.sigen.pro/articles/1961
Best regards, SIGEN.pro team!
(https://i.imgur.com/LLgah1R.jpg)
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Technical work completed.
Dear users! The technical work on the site has been completed.
Thanks for waiting.
Best regards, SIGEN.pro team!
(https://i.imgur.com/kw4Lqnk.jpg)
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Good news!
Friends, hello everyone!
SIGEN.Pro is actively developing, thanks to the partnership with the UMI coin, we have a large influx of new users.
The statistics and trend for the development of the site are extremely positive. In the near future we plan to enter new markets and gain a foothold there!
We have grandiose plans ahead of us! Thank you for being with us!
Best regards, SIGEN.pro team!
(https://i.imgur.com/DzK0dsJ.jpg)
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Dear users!
In a few minutes, technical work will begin on the platform. In this regard, the site will be temporarily suspended.
Thank you for understanding.
Best regards, SIGEN.pro team!
(https://i.imgur.com/zccPPHb.jpg)
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Dear users!
Technical work was carried out in the background, without restricting access to the site and is currently completed.
The site is operating normally.
Best regards, SIGEN.pro team!
(https://i.imgur.com/q7HQBMA.jpg)
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Dear users! The site has undergone technical work.
Changes:
- API optimization / Database optimization;
- UMI activation when registering at ROY Club through SIGEN;
Improving the usability of the site:
- Emphasizing the user on the list of transactions in P2P;
- Focusing the user's attention on the need to confirm the transaction;
- Hints for auto-filled fields in the form of creating an order in the exchanger;
- Exchanger.
- New order design.
Best regards, SIGEN.pro team!
(https://i.imgur.com/3hWk2Uu.jpg)
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A new type of Fraud
Dear users! We have received information that some users are receiving calls from “SIGEN.pro support”. Call topics can be different: threats to block an account, write off coins, clarifications about changing email, and so on.
They are scammers!
SIGEN.pro does not have and never had a call center!
We never ask for the phones of our users and never call them. All communication with technical support takes place exclusively in electronic format.
So if you receive calls allegedly from our support service, they are 100% scammers, no exceptions. Do not give them any data or communicate with them.
Be vigilant and spread this news to all your friends and acquaintances who use SIGEN.pro.
Best regards, SIGEN.pro team!
(https://i.imgur.com/uJYRAHm.jpg)
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IOS app update
Dear users, we have great news for Apple owners! We have updated the application and made a number of innovations and changes.
Changes:
- Implemented a dark theme
- Improved design
- Optimized the exchange section
- Added display of market depth
- Added display of order book values in different currencies
- Added the function of autocomplete fields when concluding a deal
Fixes:
- Fixed a bug with duplicate offers in the p2p section
- Fixed the error of incorrect calculation of the minimum value of the offer amount
- Fixed bugs of the previous version
- Fixed a bug with blocking the device
You can download the updated version right now. Use the app and don't forget to write a review in the App Store.
Application link
https://apps.apple.com/ru/app/sigen/id1505741102
Best regards, SIGEN.pro team!
(https://i.imgur.com/PMZY9pb.jpg)
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SIGEN.pro mobile application update
Dear users! We have updated the SIGEN.pro mobile application and made a number of useful changes.
• Optimized the P2P section
• Fixed a bug in the chat of the deal
• Fixed a bug in the P2P section related to the lack of an offer
• Fixed a bug with a large duplicate offers
• Fixed a bug with delimiters when creating an offer
• Fixed a bug with rounding
Download for Android
https://play.google.com/store/apps/details?id=com.sigen.sigen
Download for iPhone
https://apps.apple.com/ru/app/sigen/id1505741102
Best regards, SIGEN.pro team!
(https://i.imgur.com/vSVbAM5.jpg)
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Dear users, be careful!
The official and only website of our platform is https://sigen.pro
SIGEN.pro does not have any other addresses today! If you see a different link, with additional words, letters, on other domains, etc. - these are the sites of scammers!
In particular, the fraudulent website https://login-sigen.pro is currently running
This site is fake and has nothing to do with our platform, it is phishing. Its purpose is to steal your data and steal coins from your accounts. Under no circumstances and under any circumstances do not go to the site https://login-sigen.pro and do not enter your data in it!
Be extremely careful and always check the site address so as not to get on the clone site of our platform!
Don't let scammers get hold of your coins!
Best regards, SIGEN.pro team!
(https://i.imgur.com/zvVupVC.jpg)
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Delays in sending confirmation codes
Dear users! At the moment, there are delays in sending confirmation codes for transactions on SIGEN.pro.
Our team is already working on the issue and will eliminate these delays as soon as possible.
We recommend that you refrain from active trading for now. And if you are faced with delays and could not, because of this, carry out a transaction on a p2p-platform, immediately contact arbitration. The arbiter will promptly resolve all issues!
Thank you for understanding!
Best regards, SIGEN.pro team!
(https://i.imgur.com/1Mrd2XF.jpg)
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Dear users! The SIGEN.pro platform has been updated.
Changes:
- Exchange chat;
- New version as a separate module;
- P2P;
- Prohibition of specifying card details in the terms of the transaction;
- Notifying the user about the rate change during the creation of the order;
- Suspicious offers;
- Removed binding to rank in ROY;
- Improving the usability of the site according to the recommendations of the Usability Lab.
Best regards, SIGEN.pro team!
(https://i.imgur.com/TYXz5nW.jpg)
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Dear users!
The official SIGEN.pro iOS app has been updated!
Changes:
- Removed the confirmation of the withdrawal of funds in the transaction using two-factor confirmation. This is now done with a pin code. Be careful!
- Optimized switching of the top tabs in the Wallet, Exchange and Profile sections;
- Fixed work of push notifications;
- The issue with the substitution of the minimum value of the deal in the creation and modification of the offer has been resolved;
- Resolved issue with saving templates;
- Improvement and optimization of the layout.
The Android app will be updated shortly.
SIGEN.pro for iOS
https://apps.apple.com/ru/app/sigen/id1505741102
SIGEN.pro for Android
https://play.google.com/store/apps/details?id=com.sigen.sigen
Best regards, SIGEN.pro team!
(https://i.imgur.com/tvla3Hc.jpg)
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Dear users! The technical work on the site has been completed.
List of changes:
- Changeable interface of the exchange:
- Professional version of the exchange;
- The classic version of the exchange;
- Improving the usability of the platform;
- Added the ability to resend the 2FA code to email;
- SEO improvements.
Best regards, SIGEN.pro team!
(https://i.imgur.com/tec4AQ0.jpg)
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More than 1,000,000 P2P transactions
Dear users, our platform has crossed another significant milestone. More than 1,000,000 transactions have been carried out on our p2p platform!
This is a clear sign that SIGEN.pro is growing, developing and providing quality service to its users.
The number of people registered on our platform and conducting transactions is growing steadily.
And we are glad that you are actively using SIGEN.pro and choose us among hundreds of other exchangers and exchanges.
It is for you that we work hard every day and make the platform better and more convenient.
In the future, we will have many more updates and innovations to make your user experience as pleasant as possible.
Stay tuned for news and updates!
Best regards, SIGEN.pro team!
(https://i.imgur.com/ivH9ioz.jpg)
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Dear users!
The technical work on the site has been completed.
List of changes:
- Updating the required libraries on the servers;
- Optimization of work with user logs on servers.
The site is operating normally.
Thanks for waiting.
Best regards, SIGEN.pro team!
(https://i.imgur.com/6z0l2b7.jpg)
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Dear users!
We remind you that if you sell coins on p2p and receive a bank transfer from the buyer,
then you DO NOT need to send any codes, passwords, and so on.
Bank transfers are made using the card number and full name of the owner.
Passwords, confirmation codes from SMS or applications are not required by the sender.
If you are asked to send any code to confirm the transfer, it is a scam.
In such a situation, contact arbitration immediately.
Be careful when making transactions and always check the receipt of funds before removing coins!
Best regards, SIGEN.pro team!
(https://i.imgur.com/8LaFpvE.jpg)
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SIGEN.pro app updates
Dear users!
The official SIGEN.pro mobile app has been updated.
Changes:
- Optimized "P2P" section
- Optimized the "Exchange" section
Download for Android
https://play.google.com/store/apps/details?id=com.sigen.sigen
Download for iPhone
https://apps.apple.com/ru/app/sigen/id1505741102
Download for HUAWEI
https://goo.su/4ATb
Best regards, SIGEN.pro team!
(https://i.imgur.com/nqcheuG.jpg)
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Good news!
Friends, we have new, amazing mega-records!
The trading volume on SIGEN.pro is already about $ 5,000,000 https://umi.top/ru/volumes;
UMI course - $ 3.05.
Such impressive results are accompanied by a steady increase in the trading volume of the UMI cryptocurrency and its price,
which is growing, even despite the decline in the entire crypto market.
SIGEN.pro is a unique platform where the umi.top project is presented,
cryptocurrency with staking technology, which allows you to receive up to 32% per month at this stage of time!
Ma are glad to offer you the opportunity to buy on our site in addition to UMI cryptocurrencies: (BTC, LTC, ETH).
Best regards, SIGEN.pro team!
(https://i.imgur.com/YMRTSSN.jpg)
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Dear users!
The site has undergone technical work.
List of changes:
- Redesigned and updated Dashboard page;
- Fixed counter of notifications in P2P;
- Improving the usability of the site;
- Improvements for SEO optimization.
Best regards, SIGEN.pro team!
(https://i.imgur.com/8zr1sbI.jpg)
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Dear users, we have good news!
Today the SIGEN.pro cryptocurrency platform is exactly 6 years old!
Over the past year, we have done a lot of work:
- Added UMI cryptocurrency and became the largest trading platform for the developing community of this coin.
- UMI's trading volume is stable at around $ 5,000,000 per day.
https://umi.top/ru/volumes
- Implemented a convenient UMI wallet on the website that supports staking in structures.
- Added UMI to the SIGEN.pro mobile application.
- Other promising cryptocurrencies have been floated - BIP and TON.
- We launched the Media SIGEN.pro media portal, which in the shortest possible time became the fastest growing crypto media.
- We entered the international market. The leading crypto-media began to write about us.
- The number of users has grown to 470,000 people.
And most importantly, we are not going to stop there and will continue to develop the SIGEN.pro ecosystem!
More details about our achievements and plans - in our article:
https://teletype.in/@sigen.pro/v8lLCzAJACl
Best regards, SIGEN.pro team!
(https://i.imgur.com/2WCNZA4.jpg)
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Dear users!
The site has undergone technical work.
List of changes:
- Debugged work of moratoriums;
- Optimized the work of the P2P offer list.
Best regards, SIGEN.pro team!
(https://i.imgur.com/mOEQ1Sq.jpg)
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Dear users!
The site has undergone technical work.
List of changes:
Improvements:
- Improvements to the user's dashboard;
- Website performance optimization;
Exchange:
- Market depth chart. Logarithmic scale.
- Hint when creating a market / limit order with a price different from more than 5% of the rate;
- Added the ability to select several items in the "Status" filter in the "My deals" tab.
Bugs fixed:
- Wrong behavior of the P2P page in adaptive mode;
- Fixed the possibility where several users could create a sell order for one buy offer even if the maximum offer limit has already been exceeded.
Best regards, SIGEN.pro team!
(https://i.imgur.com/ezmLSF7.jpg)
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Dear users.
Be careful when accepting p2p offers and be sure to check the transaction price.
If the price is higher than what was originally announced - immediately contact arbitration.
In rare cases, sellers inflate the price of a deal even before it starts, so we recommend that you double-check all the conditions!
Be vigilant and don't forget to contact SIGEN.pro arbitration and support
Best regards, SIGEN.pro team!
(https://i.imgur.com/RPtEJPE.jpg)
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SIGEN.pro mobile application update
Dear users!
The official SIGEN.pro mobile app has been updated.
Changes:
- Added "Account verification by code word" functionality. Please pay attention!
- The issue with an invalid Bitcoin address has been resolved;
- Added update by swipe in the "Exchange" section;
- The "Online" filter is enabled by default;
- Fixed design flaws.
Download for Android
https://play.google.com/store/apps/details?id=com.sigen.sigen
Download for iPhone
https://apps.apple.com/ru/app/sigen/id1505741102
Download for HUAWEI
https://goo.su/4ATb
Best regards, SIGEN.pro team!
(https://i.imgur.com/1L6mLUy.jpg)
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Dear users.
We have created a new mailing list that will be sent by email to all new users of the platform.
In letters, we will tell you about our site, introduce you to the functionality and capabilities of SIGEN.pro, and tell you how to secure your account. This update will help newcomers to better understand our platform and provide a basic knowledge of how to use it.
Best regards, SIGEN.pro team!
(https://i.imgur.com/3UfSvRG.jpg)
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Media SIGEN.pro entered the TOP-5 channels about cryptocurrencies!
According to the top Telegram channel aggregator tlgrm.ru, Media SIGEN.pro entered the TOP-5 in terms of the number of subscribers among all channels that broadcast on the topic of cryptocurrencies and blockchain.
Congratulations to everyone on this achievement.
A little more, and we will be in the TOP-3, and then we will start fighting for the first place!
Best regards, SIGEN.pro team!
(https://i.imgur.com/ADjadf2.jpg)
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Dear users!
In the new update, we have revised our username policy and made a number of important changes:
- Made all names unique
- Added a list of banned names
- Added regular check of usernames
Now you can not enter a name that has already been assigned to another user. Also, you cannot use the names of sites and names often used by scammers as a name.
If your name was not unique or is on the banned list, it will automatically be changed. If you are not satisfied with the new name, you can change it at any time in the profile settings.
Thanks to this innovation, the site has become more transparent: now it is impossible to create takes and fakes for trading on a p2p site under a false name.
Best regards, SIGEN.pro team!
(https://i.imgur.com/zBEP1Vw.jpg)
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Dear users!
The technical work on the SIGEN.pro website has been completed, the platform is working normally again.
We have made a number of important fixes and improved the operation of servers, which will now be able to handle even a very large influx of users without problems.
In the course of technical work, we also optimized the functionality of offers on the p2p platform and orders on the exchange. All the old ones have been canceled, so you need to create new ones.
Thank you for waiting and hope that your experience using the SIGEN.pro platform will be even better!
Best regards, SIGEN.pro team!
(https://i.imgur.com/3IFlAwz.jpg)
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SIGEN.pro ecosystem received Blockchain Life 2021 certification
Friends, recently the SIGEN.pro ecosystem, which includes the SIGEN.pro trading platform and our information portal Media SIGEN.pro, took part in the top blockchain conference Blockchain Life 2021.
For partnership, professional cooperation, help and support at all stages of the conference, we received a certificate with gratitude from the organizers, which was personally signed by the CEO of Blockchain Life 2021 Sergey Khitrov!
In turn, we would like to thank the organizers of Blockchain Life 2021 for the invitation to take part in such a large-scale blockchain event. We were happy to contribute to the development of the crypto industry and show the whole world who SIGEN.pro is.
This certificate once again confirms that SIGEN.pro is an international trading platform with ambitious plans for the future, and Media SIGEN.pro is a world-class crypto-media. We develop every day and move only forward.
Best regards, SIGEN.pro team!
(https://i.imgur.com/Ye5TmxW.jpg)
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SIGEN.pro update
Dear users, we have completed the technical work and updated SIGEN.pro.
Changes include:
- Adding the WBTC token to the exchange, in pairs with BTC and ETH.
- Adding the WBTC token to the mobile application.
- Optimization of the platform and mobile application.
IMPORTANT! Don't forget to update your mobile app. New functionality will not appear without an update! The update is already available on Android, and will appear on iOS a little later.
WBTC is an ERC-20 token, which is the tokenized version of BTC on the Ethereum blockchain. It aims to solve BTC problems by transferring it to the Ethereum blockchain. It has a high transaction speed, it supports smart contracts and decentralized applications.
Moreover, each WBTC is backed by real BTC, in the equivalent of 1: 1. Thanks to this, the price of the token is the same as that of BTC - the smart contract guarantees the identity of the price, tracking it in real time.
By purchasing WBTC at SIGEN.pro, you can expand the possibilities for working with cryptocurrencies. For example, the token can be used in DeFi projects and other platforms on the Ethereum blockchain.
We hope you enjoy the innovations, and we continue to work on the platform further to make it even more interesting and functional.
Best regards, SIGEN.pro team!
(https://i.imgur.com/XxOrPum.jpg)
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Dear users!
The technical work on the site has been completed.
The site is operating normally.
In the course of technical work, measures were taken to stabilize the exchange rate of the UMI coin:
- Current calculation of the course.
- For Gold partners, the p2p limit of $ 0.95 has been removed.
Thanks for waiting.
Best regards, SIGEN.pro team!
(https://i.imgur.com/Se6l6hd.jpg)
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SIGEN.pro is 6 years old!
Dear users, today the SIGEN.pro cryptocurrency platform is exactly 6 years old!
Over the past year, we have done a lot of work:
- Added UMI cryptocurrency and became the largest trading platform for the developing community of this coin.
- UMI's trading volume is stable at around $ 5,000,000 per day. https://umi.top/ru/volumes
- Implemented a convenient UMI wallet on the website that supports staking in structures.
- Added UMI to the SIGEN.pro mobile application.
- Other promising cryptocurrencies have been floated - BIP and TON.
- We launched the Media SIGEN.pro media portal, which in the shortest possible time became the fastest growing crypto-media.
- We entered the international market. The leading crypto-media began to write about us.
- The number of users has grown to 470,000 people.
And most importantly, we are not going to stop there and will continue to develop the SIGEN.pro ecosystem!
More details about our achievements and plans - in our article: https://teletype.in/@sigen.pro/v8lLCzAJACl
Best regards, SIGEN.pro team!
(https://i.imgur.com/Q6gRUBX.jpg)
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Dear users.
The number of people on our platform is growing, and accordingly the number of chat participants on the SIGEN.pro platform is growing. Therefore, we want to remind you once again the rules of communication.
In our chat, the following are prohibited:
- Mat, insults.
- Spam and flooding.
- Advertising.
- Selling and buying cryptocurrency outside SIGEN.pro.
Users who regularly and grossly violate the chat rules will be banned. Please follow the rules, be polite and respect other users.
Best regards, SIGEN.pro team!
(https://i.imgur.com/Qlb2e4J.jpg)
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Dear users!
The technical work on the site has been completed. The site is operating normally.
List of changes:
- Changing the rate during order creation;
- The user is notified if the rate in the offer has changed during the creation of the order;
- Onboarding for the user (Web version);
- Prohibiting the publication of links in the exchange chat;
- Improved Login Guard;
Wallet:
- Operations history.
- Display of the total number of confirmations.
- Dashboard.
- Added tips for the "Increase Security" section.
- Increased the minimum UMI limits in P2P and on the Exchange when creating an offer to 20 coins.
Best regards, SIGEN.pro team!
(https://i.imgur.com/jX2V0oz.jpg)
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Dear users!
In a recent platform update, we changed the way the UMI coin rate is displayed.
Now it is fully synchronized on the exchange and p2p, therefore it is displayed everywhere accurately and up-to-date, changing in real time.
We hope you enjoy this update and make your SIGEN.pro experience even better.
Best regards, SIGEN.pro team!
(https://i.imgur.com/EYvAgKm.jpg)
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Dear users!
We have updated the web version and mobile application SIGEN.pro.
Changes include:
- Removed the function of creating a hidden order in the UMI-BTC pair
- Optimization of the platform and mobile application.
It is no longer possible to create a hidden order to sell or buy UMI coins.
We have removed this functionality to ensure transparency of all trading on the platform.
All orders that were previously hidden after the update became visible to all users.
Best regards, SIGEN.pro team!
(https://i.imgur.com/XUNZ8TG.jpg)
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BITCOIN MANIA - we are launching a drawing with the main prize of 1 BTC!
Friends, right now we are launching one of the largest (if not the largest) giveaways in the history of crypto-media!
Bitcoin Mania Main Prize - 1 BTC
There are also cool intermediate prizes:
- 10 prizes of 100 UMI each
- 10 prizes of 10,000 BIP each
- 5 iPhone 12 PRO
- 3 MacBook Air
- As well as smaller, but very pleasant surprises
Prizes will be raffled live on Fridays. Look for information about broadcasts in our Telegram channel Media SIGEN.pro.
The winners will be randomly selected using a randomizer.
And the main prize of 1 BTC will be drawn on August 31. Do not miss your chance!
To participate in Bitcoin addiction, get at least one ticket in the contest bot
https://t.me/sigen_media_contest_bot.
You can increase the number of your tickets by inviting friends and predicting the bitcoin rate.
The more tickets you have, the more chances you have to win 1 BTC!
Detailed drawing conditions
https://media.sigen.pro/news/5963
Best regards, SIGEN.pro team!
(https://i.imgur.com/7uJSZg2.jpg)
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Dear users!
We are glad to inform you about important changes in the functionality of the p2p platform SIGEN.pro.
From this moment, when canceling the offer, you can create it again only after an hour.
In addition, it is now impossible to edit offers and create unlimited ones.
All three changes apply only to the UMI cryptocurrency!
These changes were introduced in order to avoid manipulation of trading by unscrupulous users.
If you trade honestly, you will see little or no change.
And we continue to work to make the SIGEN.pro platform more convenient and transparent.
Stay tuned for news and new changes.
Best regards, SIGEN.pro team!
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Dear users!
Due to malfunctions in Amazon services, pictures in arbitrage deals on p2p are temporarily not displayed.
We expect the issue to be resolved within 24 hours. At the moment, we recommend that you conduct transactions only with trusted counterparties in order to minimize the likelihood of arbitrage.
If your trade gets into arbitration, be patient, the decision on the deal will be made later.
Thanks for understanding!
Best regards, SIGEN.pro team!
(https://i.imgur.com/pGm94bq.jpg)
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Dear users!
We have updated the web version and mobile application SIGEN.pro.
Changes include:
- Statistics on canceled buyer's transactions;
- Implemented a counter of active transactions instead of a counter of transactions requiring attention;
- Feedback in the order is now displayed by a modal window (displaying orders in the list of deals where the user has not left a comment);
- Added the ability to copy links to the FAQ;
- Now you can add user offers to someone else's profile, all except hidden ones;
- Indexed p2p rules for search engines;
- P2P:
- Chat of the deal. The number of characters remaining is displayed;
- Fixed loader in modal windows;
- Fixed links to cryptocurrencies in the "System Status" which led to articles in the FAQ that did not correspond to the selected cryptocurrency;
- Fixed saving the template in the offer creation modal if in the "Payment time" select "3 hours".
Best regards, SIGEN.pro team!
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Dear users!
In the near future, Sigen.pro will delight you more often with news.
You will be informed about the plans for the future of the Sigen.pro project.
The statistics and trend for the development of the site are extremely positive.
The total exchange trading volume per day for today is: $ 2,486,291.74.
Best regards, SIGEN.pro team!
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Dear users.
For your convenience, we partially remove the 1 hour limit for creating offers on a p2p site.
However, the restriction will only be lifted for verified users who:
- Registered more than 30 days ago
- Have a high reputation on the site
Thus, honest users who have been trading on SIGEN.pro for a long time will find it more convenient to use the p2p platform.
At the same time, users with a bad reputation and newly registered accounts will not be able to manipulate trades.
We hope the innovation will make your work at SIGEN.pro easier and more enjoyable!
Best regards, SIGEN.pro team!
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We've updated!
Dear users, we have updated the SIGEN.pro web version and mobile application.
Changes include:
- Updates to the FAQ section
- Educational program on security
- Fixes of found bugs
- Performance improvements and optimizations
Thank you for choosing SIGEN.pro!
Best regards, SIGEN.pro team!
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Dear users, attention!
Sending requests through the technical support page on the SIGEN.pro website is temporarily unavailable.
It will take a little time, but while we are dealing with this issue, please contact us by email.
Our technical support email:
[email protected]
Thank you for understanding!
Best regards, SIGEN.pro team!
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How not to fall for the bait of crypto scammers?
According to Kaspersky Lab, in the first half of 2021, phishing became one of the most widespread types of crypto scams.
Phishing means that the attacker in one way or another obtains confidential data, and with it access to the victim's coins.
To implement this attack, scammers use all sorts of schemes - from fake crypto exchange sites to hacking the accounts of celebrities and ordinary crypto users.
What scams are especially popular on the crypto market today?
And the main question is how to avoid them? Read detailed information about this in our guide.
Read:
https://media.sigen.pro/guides/6714
Best regards, SIGEN.pro team!
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Hello friends!
We are glad to share an update: now there are PUSH notifications in the SIGEN.pro mobile application.
For us, this is another step towards improving the quality of communication with platform users.
Get valuable information first:
- Recommendations and advice from experienced analysts
- Lessons on trading cryptocurrencies
- Fresh digests from SIGEN.pro
- Local, weekly, monthly updates
- Reviews and analysis of situations on the stock exchange
You can enable PUSH notifications in the Settings menu, in the Notifications section - after enabling the function, you need to allow the application to send you notifications.
Consider an important point!
For the new function to appear in the settings, you need to update the SIGEN.pro application.
Therefore, we recommend that you immediately go to the AppStore, Google PlayMarket, find SIGEN.pro in the list of applications and click the "update" button.
Then you will be the first on the crest of the information wave!
Best regards, SIGEN.pro team!
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Dear users!
In the future, we plan to add optional verification to our site (confirmation of identity by documents and selfies).
Thanks to verification, you can protect your account from fraud and restore it if you lose your password and code word.
And it is important for us to know your opinion about this functionality!
Just vote in the poll and you will help us work on verification.
Thank you for your assistance!
Best regards, SIGEN.pro team!
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The technical work has been completed.
Dear users, the technical work on the site has been completed.
Changes include:
- A new UMI node is connected
- Performance improvements and optimizations
Thank you for choosing SIGEN.pro!
Best regards, SIGEN.pro team!
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New node launched: UMI throughput - 65,535 transactions per second!
While developing UMI, we immediately set ourselves the goal of creating a network capable of quickly processing a huge volume of transactions and fully competing with the existing VISA and Mastercard payment systems. And today we were able not only to catch up with these giants, but also confidently overtake them by as much as 2.5 times (VISA is capable of processing at its peak no more than 24,000 transactions per second).
Let me tell you one secret: the UMI blockchain was technically capable of processing 65,535 transactions per second from the very first day of launch. But we artificially limited the bandwidth, because it was not necessary and to protect against unnecessary load on the network.
And even now, despite the constantly growing number of transactions on the network, there is still no special need for such a high bandwidth (the network is still successfully handling the load). However, after about a year of optimization - as a way to reach a new level and demonstrate the capabilities of the network, we developed a new node and thereby restarted the master nodes in maximum performance mode, and also generated and sent several hundred thousand transactions to the network.
Several consecutive blocks completely filled with transactions clearly show the capabilities of the UMI network and confirm the declared characteristics.
Thus, right now the UMI network is capable of processing exactly 65,535 transactions per second - more than VISA and Mastercard (no longer in the test network, but in the main network). And all this - without harm to the environment.
To successfully demonstrate the throughput, we sent 2 transactions of 0.02 UMI to all existing addresses with a non-zero balance (symbolic in connection with the release of the second version node). There were 371,329 addresses and 742,658 transactions in total. Thanks to this, 10 completely filled blocks of 65,535 transactions were formed. The UMI network processed all transfers in 10 seconds, that is, each block in 1 second.
Thus, UMI has become the fastest cryptocurrency network in the world, which actually proved its high throughput not in the test, but in the main network. In practice, we are faster than Solana, Cardano, Free TON and everyone else.
The new node also opens the way for high-quality, convenient and fast implementation of new products based on UMI, such as products from the DeFi ecosystem (tokens, stablecoins, decentralized exchanges, etc.), new smart contracts, a coin burning mechanism, games using UMI, and etc.
And one more important point: thanks to the move to a new node, the UMI blockchain has become 6 times lighter. This will allow the network not only to continue to actively develop and scale, but also not to create an unnecessary load on the masternodes and validator nodes.
The new node code has been successfully uploaded to Gitlab: https://gitlab.com/umitop/umid.
Other useful technical links:
- API documentation: https://api.umi.top/
- Main network: https://mainnet.umi.top/
- Testnet: https://testnet.umi.top/
- Technical / Structural Wallet: https://techwallet.umi.top/
More about this and links to blocks for demonstrating throughput here:
https://blog.umi.top/?p=2475
Best regards, SIGEN.pro team!
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Dear users!
At the moment, for a UMI coin on a p2p site, the minimum amount for creating an offer is set at 200 UMI.
It is impossible to create an offer for less than 200 UMI.
If you need to buy or sell less than 200 coins, make a transaction on the exchange.
Best regards, SIGEN.pro team!
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Dear users!
The technical work on the site has been completed.
Changes include:
- Adding Binance Coin (BNB).
- Website optimization.
Now you can exchange, buy and sell this cryptocurrency.
Thank you for choosing SIGEN.pro!
Best regards, SIGEN.pro team!
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Dear users!
The official SIGEN.pro mobile app has been updated.
Changes:
- Adding Binance Coin (BNB).
- Now you can exchange, buy and sell this cryptocurrency.
Download for Android
https://play.google.com/store/apps/details?id=com.sigen.sigen
Download for iPhone
https://apps.apple.com/ru/app/sigen/id1505741102
Download for HUAWEI
https://goo.su/4ATb
(http://Best regards, SIGEN.pro team!)
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Dear users, the technical work on the site has been completed.
Changes include:
1. The integration of PZM with the ROY Club has been removed from the exchange;
2. A new API of the mobile application and the web version for the code word has been written, the check is also performed in the dashboard when calculating the security level:
- The code word is now also tracked by the date of creation;
- Added the creation of a code word to the "security settings" page;
3. Created automatic chat messages for sellers and buyers on P2P.
For buyers and sellers, messages are generated to improve the convenience and safety of working on the platform;
4. Optimization and automation:
- Implemented logging of configs;
- Hidden button for canceling all orders;
- Changed links to ROY Club;
- Fixed record of the history of changes in the status of the offer on P2P;
- Fixed logging of records about the wrong 2FA code;
- The issue with the field validation in the "Withdraw" block of the wallet has been resolved;
- Solved the issue with reverse sorting in the "My offers" section;
- Implemented validation for the maximum number of characters in the "Price" field;
- In accordance with the changes in the new node, now in the "Sell Orders" for UMI, 2 decimal places are left, instead of 8;
- The issue with the operation of the "Online" filter in the list with users has been resolved;
- Fixed redirection to dashboard after authorization;
- Optimized user logs;
- Added the ability to generate a password that meets security requirements.
Best regards, SIGEN.pro team!
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Dear users!
The official SIGEN.pro mobile app has been updated.
Changes:
- Adding 2FA settings
- Changed automatic messages for P2P transactions
- Improved codeword
- Changed the calculation of password complexity
- Added password generation during registration
Download for Android
https://play.google.com/store/apps/details?id=com.sigen.sigen
Download for iPhone
https://apps.apple.com/ru/app/sigen/id1505741102
Download for HUAWEI
https://goo.su/4ATb
Best regards, SIGEN.pro team!
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Dear users!
Since we receive a large number of requests and requests, one way or another related to the withdrawal of PRIZM.
We decided to extend the withdrawal option and temporarily postponed the complete delisting of the cryptocurrency.
At the same time, we removed the display of PRIZM in the interface of the trading platform for all users who have less than 1 PZM PRIZM on their balance.
Hurry up to withdraw PRIZM, as after a complete delisting, all non-withdrawn coins will be irretrievably lost.
Best regards, SIGEN.pro team!
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Dear users!
The technical work on the site has been completed.
During the update, we implemented improvements that will allow us to minimize system downtime in the future and not stop trading.
SIGEN.pro is getting faster and more stable.
Thanks for waiting!
Best regards, SIGEN.pro team!
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Dear users!
The technical work on the site has been completed.
Changes include:
- The integration of PZM with the ROY Club has been removed from the exchange;
- A new API of the mobile application and the web version for the code word has been written,
the check is also performed in the dashboard when calculating the security level:
- The code word is now also tracked by the date of creation;
- Added the creation of a code word to the "security settings" page;
- Created automatic chat messages for sellers and buyers on P2P.
For buyers and sellers, messages are generated to improve the convenience and safety of working on the platform;
- Optimization and automation:
- Implemented logging of configs;
- Hidden button for canceling all orders;
- Changed links to ROY Club;
- Fixed record of the history of changes in the status of the offer on P2P;
- Fixed logging of records about the wrong 2FA code;
- The issue with the field validation in the "Withdraw" block of the wallet has been resolved;
- Solved the issue with reverse sorting in the "My offers" section;
- Implemented validation for the maximum number of characters in the "Price" field;
- In accordance with the changes in the new node, now in the "Sell Orders" for UMI, 2 decimal places are left, instead of 8;
- The issue with the operation of the "Online" filter in the list with users has been resolved;
- Fixed redirection to dashboard after authorization;
- Optimized user logs;
- Added the ability to generate a password that meets security requirements.
Best regards, SIGEN.pro team!
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Dear users!
At the moment, there are difficulties in the work of the platform.
This is due to a global failure of the provider, everything works fine on the SIGEN.pro side.
We expect the issue to be resolved during the day.
Thank you for understanding!
Best regards, SIGEN.pro team!
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Cryptocurrency rate 24/7 on Media SIGEN.pro!
Friends! The cryptocurrency market is experiencing historical dynamics, and now it is more important than ever to monitor the exchange rate of coins.
Now, thanks to SIGEN.pro Media, you can do it 24/7, without even visiting any sites.
A bot is now working directly in the Telegram Media channel, which displays the current rates of BTC, ETH, UMI, as well as their dynamics over the last 24 hours.
The rate is fixed by the average value on several exchanges at once (according to the Cryptorank API).
Thus, you can see the average market rate without reference to a specific exchange.
The message with rates / dynamics is pinned and updated in real time.
The new functionality allows you to instantly and at any time track the rate of popular coins.
Plunge into the cryptocurrency market with even greater comfort!
Subscribe to Media SIGEN.pro and follow the exchange rate of BTC, ETH and UMI in real time:
https://teleg.run/SIGEN_Media
Best regards, SIGEN.pro team!
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Dear users!
At the moment, the platform is undergoing technical work.
In this regard, the work of the site is temporarily suspended.
The planned time for technical work is 1-3 hours.
Thank you for understanding.
Best regards, SIGEN.pro team!
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Dear users!
We are stopping BNB withdrawals from SIGEN.pro as there is currently block lag.
In the near future, the node will be synchronized and the output will be enabled again.
In this case, you can enter BNB without restrictions, however, you will have to wait while the node is synchronized for the inputs to be credited to your wallets.
Thank you for understanding!
Best regards, SIGEN.pro team!
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Dear users!
The technical work on the site has been completed.
The platform is operating normally.
Thanks for waiting.
Best regards, SIGEN.pro team!
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Dear users!
At the moment, there are delays in BNB input and output to SIGEN.pro.
Our team is already working on this issue and we look forward to a quick solution.
Thank you for understanding.
Best regards, SIGEN.pro team!
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Dear users!
On Monday, November 29th, we will transfer all UMI coins from your structured addresses to your trade balances.
Since UMI staking was stopped by the community, there is no longer any need to use structured addresses.
In fact, nothing will change for you. You will be able to use your UMIs without any restrictions.
Accordingly, the column in the wallet with structural addresses will also be removed.
You can view all transactions in the transaction history and verify with the blockchain if necessary.
Best regards, SIGEN.pro team!
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Dear users!
We have successfully updated the SIGEN.pro platform and made a number of changes:
- Added GLIZE wallets. Trading in the new token in the GLZ / UMI pair will be open on Wednesday, December 1.
- UMI coins have started to successfully migrate from your structured addresses to your trade balances. This process can take up to 24 hours.
- Replenishment of UMI structured addresses is closed to prevent users from replenishing them by mistake. Also, the UMI pins to structural addresses are closed.
- The exchanger has been removed from the platform due to its low popularity. You can buy or sell cryptocurrency without any problems on p2p or on an exchange.
- Optimized platform performance.
We hope you enjoy the changes and innovations. And we will remind you of the opening of trading in the GLZ / UMI pair on Wednesday, so stay tuned.
Best regards, SIGEN.pro team!
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Dear users!
At the moment, there are still small delays in the input and output of the UMI and GLIZE.
All frozen transactions have been processed at the moment, you can check them in your wallet.
On average, I / O times are up to 60 minutes.
So if you didn’t receive the cryptocurrency right away, don’t worry, you need to wait a bit.
This is due to the fact that automatic transactions to transfer UMI from structured wallets to trading ones continue.
This process places a heavy load on the SIGEN.pro databases.
When all automatic transactions are completed, the system will work again in its usual fast mode.
We need a little more time. The end of automatic transfers will happen within 48 hours.
Best regards, SIGEN.pro team!
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Dear users!
We are pleased to inform you that automatic transactions of UMI transfers from structured to trading wallets are completed.
All balances are successfully transferred.
After that, the load on the databases of SIGEN.pro decreased, and now the system is working in normal mode.
All pending transactions are processed, and new UMI and GLIZE inputs/outputs are performed without any delays.
Thank you for your understanding
Best regards, SIGEN.pro team!
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Dear users!
We have updated the SIGEN.pro platform and made a number of changes in light of the disabling of UMI staking and roy addresses, as well as the transformation of the ROY Club.
- Removed the display of information from the dashboard related to UMI staking structures and roy addresses;
- Removed the display of rank in the ROY Club;
- Structural UMI wallets are hidden if they have 0 coins;
- Removed p2p filter "By rank in the ROY Club";
- Removed information block about UMI structures;
- Optimized platform performance.
Important! Withdrawal from UMI structured addresses to trading addresses is still available if there are coins on the structured wallet.
Best regards, SIGEN.pro team!
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Dear users!
Tomorrow, at 4:30 Moscow time, technical work will be carried out on the SIGEN.pro platform.
Everscale will be added during work.
Estimated time for maintenance is 3-4 hours.
Thanks for understanding!
Best regards, SIGEN.pro team!
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Dear users!
The official SIGEN.pro mobile app has been updated.
Changes:
- Fixed bug with incorrect data when changing currency
- Changing the TON name
- Fixed display of the chart on the exchange
Download for Android
https://play.google.com/store/apps/details?id=com.sigen.sigen
Download for iPhone
https://apps.apple.com/app/sigen/id1505741102
Download for HUAWEI
https://goo.su/4ATb
Best regards, SIGEN.pro team!
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Dear users!
There were some delays with BTC payments to the addresses created before January 1, 2021.
At the moment the issue has been successfully resolved:
- All hanging BTC were added to balances.
- At the same time we left only new BTC-addresses in wallets — created after January 1, 2021.
- And old addresses were removed from users' wallets due to their incompatibility with the new node.
For your further BTC deposits use only your addresses created after January 1, 2021 or generate new ones.
And then coins will be added promptly and without delays.
Best regards, SIGEN.pro team!
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Dear users!
After Free TON transformed to Everscale, the old addresses are no longer relevant.
You will need to create a new address in your wallet in order to deposit and withdraw EVER.
Do not use your old addresses for incoming transactions.
The current balance will automatically be transfered to the new address and will not go anywhere.
Best regards, SIGEN.pro team!
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Dear users!
In the near future, Sigen.pro will delight you with more news.
You will be aware of the ambitious plans for the future of the Sigen.pro project.
The statistics and the trend for the development of the site are extremely positive.
The total exchange trading volume per day for today is: $ 7,366,820.4.
We continue to work on the platform further to make it even more interesting and functional for your convenience on the site.
Best regards, SIGEN.pro team!
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Friends, Hello!
We are glad to present you an updated version of the content.
From now on, our posts will be more news and informative.
Now SIGEN.pro will publish useful news for you in the world of the crypto community,
not only with regards to the SIGEN platform, but also Media.sigen.pro.
Best regards, SIGEN.pro team!
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Dune Analytics Raises $69.42M at $1B Valuation
One of the most popular data analytics platforms, Ethereum, has closed its Series B investment round.
It was led by venture capital giant Coatue. Multicoin Capital and Dragonfly Capital also took part in it.
The money will go to development, including other sensations and additional tools for analysis.
Best regards, SIGEN.pro team!
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Dear users!
We are pleased to announce the successful completion of maintenance work with the Binance Smart Chain node.
Deposits and withdrawals of BNB, SHIB, CAKE, BTT, SUSHI and BAT have been resumed.
Thank you for your patience!
Best regards, SIGEN.pro team!
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(http://Bitcoin bonds of El Salvador will appear in March.)
Finance Minister Alejandro Celaya said that the Bitcoin bonds will be issued between March 15 and 20,
and the oversubscription will amount to $500 million (the country originally planned to raise $1 billion).
El Salvador's first bitcoin bonds will have a 6.5% yield and a maturity in 2032.
Half of the emission will go to buy bitcoin, the rest will go to other purposes, such as the development of energy infrastructure and mining.
The bonds will be issued on the Liquid Network sidechain from Blockstream. The minimum purchase is from $100.
Fitch Ratings has downgraded El Salvador's long-term foreign currency default rating to 'CCC' from 'B-'.
More: https://media.sigen.pro/news/9627
Best regards, SIGEN.pro team!
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NFT - new opportunities for musicians.
More and more musicians are using NFTs as a new way to monetize their work and connect with their fans.
NFTs allow artists to not only sell tokenized versions of their tracks, but also offer access to exclusive content or unique features.
For example, along with NFT, you can offer lifetime concert tickets, as Kings of Leon did.
What other benefits do musical NFTs provide?
And what risks do participants in this market face?
We have covered everything in detail in our latest article.
Read: https://media.sigen.pro/allarticles/9648
Best regards, SIGEN.pro team!
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Cross-chain protocol deBridge announces mainnet launch and partnership with ParaSwap and 1Inch.
Cross-chain interoperability protocol deBridge announced the launch of the main network, which currently supports the Ethereum,
BNB Chain, Huobi Eco Chain, Arbitrum, and Polygon blockchain networks.
The deBridge protocol was audited by security firms Halborn, Zokyo, and Ackee Blockchain.
In addition, the project team launched a reward program for the community and white hat hackers on the Immunefi platform.
In addition to launching the main network, deBridge announced a partnership with decentralized exchange aggregators ParaSwap
and 1Inch to develop new solutions.
At the moment, deBridge does not yet have its own token, but it is planned to release it in the future, representatives of the project told us.
The deBridge team intends to create a DAO and the token will be used to manage the protocol.
Learn more - https://media.sigen.pro/news/9723
Best regards, SIGEN.pro team!
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Long-term investors continue to hold BTC
Glassnode data shows that despite price volatility, more than 60.61% of the total supply of BTC did not leave their addresses for a year or more.
Only twice in history has the indicator reached this level - in early 2016 and in mid-2020.
In both cases, then there was a consolidation, which then led to a powerful bullish movement.
Best regards, SIGEN.pro team!
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Ripple's chances of winning in court against the SEC have increased significantly.
The SEC case against Ripple has reached a new level after the disclosure of documents that support the crypto company's argument: XRP is not a security.
Recall that at the end of 2020, the US Securities and Exchange Commission (SEC) filed a lawsuit against the Ripple crypto company,
as well as its founder and CEO, for the sale of unregistered securities in the form of XRP in the amount of more than $ 1.3 billion.
Ripple considers these accusations unfounded and politically motivated.
It seems that the disclosure of new documents will help the company defend its position in court.
More information in our article:
https://media.sigen.pro/news/9755
Best regards, SIGEN.pro team!
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Friends, Hello!
This week, crypto market assets are closed mainly in the green zone.
So, after falling to the support of $35,000, bitcoin went up again and has already overcome the level of $39,000.
Traditionally, the flagship of the market was followed by altcoins.
To what levels should the top cryptocurrencies by capitalization rise in order for the upward dynamics to recover?
The answer to this question will help to find our latest analytics.
Read: https://media.sigen.pro/analitycs/9802
Best regards, SIGEN.pro team!
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Digital real estate market
According to experts, the real estate market in virtual worlds and the metaverse can reach $1 billion this year.
Mark Zuckerberg's Meta (formerly Facebook) is largely responsible for the boom in this sector of the crypto industry,
which at the end of last year announced the launch of its own metaverse.
Against this background, virtual real estate — land, buildings, and even entire districts — have grown in price by tens and hundreds of times.
How does the digital real estate market work? What are the risks of investing in it?
And most importantly, what's in store for him this year?
Look for answers to these and other questions in our latest material.
Read: https://media.sigen.pro/materials/9808
Best regards, SIGEN.pro team!
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Cryptocurrencies vs gold, dollar and securities.
Cryptocurrencies are known to be the most profitable asset class in the history of mankind.
But what exactly are the benefits of investing in crypto assets over traditional assets?
In search of an answer to this question, we decided to find out how cryptocurrencies differ from such investment instruments as gold,
the US dollar and corporate securities.
The answers to these and other questions are in our latest article.
Read: https://media.sigen.pro/articles/9819
Best regards, SIGEN.pro team!
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Activity in the NFT market began to decline
- In February, there were 796,009 unique NFT buyers, which is 12% less than in January.
- The popularity of the search query "NFT" fell by 60-70%.
- 10 of the 12 largest NFT-enabled blockchains have seen a decline in non-fungible token sales over the last 24 hours.
Read more: https://media.sigen.pro/news/9848
Best regards, SIGEN.pro team!
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During the experiments, it was possible to determine the fastest blockchain - Solana
Dragonfly Research conducted an experiment in the following way: it tested the capabilities of decentralized exchanges.
Orca (Solana) showed the highest throughput - 273.34 transactions per second.
Each block was created every 590 milliseconds.
- PancakeSwap (BNB Smart Chain) - 194.6;
- Quickswap (Polygon) - 47.67 average and 95.34 maximum;
- Trader Joe (Avalanche) - 31.65 on average and 175.68 maximum;
- Uberswap (Celo) - 24.93 average and 49.87 maximum;
- Uniswap (Ethereum) - 9.19 average and 18.38 maximum.
Best regards, SIGEN.pro team!
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What happens to confiscated cryptocurrencies?
Last month, US authorities confiscated a record 94,000 BTC worth of $3.6 billion in bitcoin.
According to our calculations, law enforcement agencies around the world seized about 820,000 BTC from criminals, which is more than $34.5 billion.
Against this background, last fall, the Russian authorities began work on legislative amendments regulating the seizure of cryptocurrencies from criminals in the country.
How exactly does the confiscation of cryptoassets take place?
And what problems do the Russian authorities face when developing full-fledged legislation to regulate this process in the country?
You will find all the answers in our latest article.
Read: https://media.sigen.pro/regulation/9912
Best regards, SIGEN.pro team!
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DAO for good
With the help of decentralized autonomous organizations (DAOs), crypto enthusiasts are increasingly running large-scale and socially
significant campaigns that raise millions of dollars in cryptocurrencies.
One of the latest was Ukraine DAO, which held an auction of a collection of 10,000 NFTs featuring the Ukrainian flag.
The organization managed to raise 2,258 ETH - about $6.75 million at the exchange rate on the day the auction ended.
And in February, AssangeDAO received a record 17,422 ETH to fund the work of lawyers for WikiLeaks founder Julian Assange.
What other DAOs are crypto users launching to help or support certain countries, people or projects?
Read our article at the link below.
Read: https://media.sigen.pro/longread/9934
Best regards, SIGEN.pro team!
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PancakeSwap launches futures trading
PancakeSwap now provides the ability to trade perpetual futures contracts.
This tool allows you to trade on margin (leveraged).
You can both go long and short.
The functionality was developed in partnership with ApolloX.
Commissions are 0.02% for makers and 0.07% for takers.
20% of commission fees will be converted into CAKE and then burned.
Read more: https://media.sigen.pro/lightning/9961
Best regards, SIGEN.pro team!
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Hello,
We have launched VKRW TRC20 and are looking to expand and Collaborate, so I wanted to ask you if you all would be interested.
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The role of Discord in the crypto world
Discord is one of the most popular messengers in the English-speaking crypto community.
However, this is not just a messenger, but a whole ecosystem of servers and channels that
supports online chats, sending voice messages, as well as video calls and video conferences.
For this reason, all major crypto projects on the market have their servers on Discord,
which allows them to interact directly with their community.
How exactly does this messenger work? What are the features of Discord?
And what opportunities does it open for users? Read our review.
Read: https://media.sigen.pro/reviews/9957
Best regards, SIGEN.pro team!
(https://i.imgur.com/rQ61n6k.jpg)
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Hello,
We have launched VKRW TRC20 and are looking to expand and Collaborate, so I wanted to ask you if you all would be interested.
Hello! Do you want us to list your token on our exchange? If yes, then we are ready to redirect you to technical support to discuss this issue. Thank you for your comment.
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Regulation of cryptocurrencies in the European Union
Continuing the topic of regulation, we are talking about the MiCA bill, which was adopted by the European Parliament earlier this week.
MiCa presents a set of regulatory measures to regulate the cryptocurrency market and its players across the Eurozone.
Thus, the bill defines cryptocurrencies and tokens, and also proposes a number of measures to regulate various crypto companies.
MiCa will make the development of crypto business in the EU much easier. However, the new law will also lead to additional costs.
Why? We tell in our latest material.
Read: https://media.sigen.pro/regulation/10056
Best regards, SIGEN.pro team!
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Thailand bans the use of digital assets for payment
The SEC and the Central Bank of Thailand came to the conclusion that it is necessary to regulate this area,
since it can affect the financial stability of the country and the economy as a whole.
Learn more - https://media.sigen.pro/lightning/10150
Best regards, SIGEN.pro team!
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Krafton Studio Behind PUBG Will Develop Games On The Solana Blockchain
Krafton has signed a business agreement with Solana Labs, under which the organizations will create games on the blockchain using NFT.
Read more - https://media.sigen.pro/news/10174
Best regards, SIGEN.pro team!
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The role of cryptocurrencies in the economies of developing countries
According to a recent survey, 75% of investors in Latin America and Asia are looking to invest more in crypto assets.
The growing popularity of cryptocurrencies among citizens of developing countries is due to the fact that these assets provide access to financial services and international transfers.
And even for those who do not have a bank account.
However, cryptocurrencies are also popular among businesses, NGOs and even the authorities of these regions.
What other benefits do cryptoassets offer to emerging economies?
We tell in our new material.
Read: https://media.sigen.pro/longread/10177
Best regards, SIGEN.pro team!
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The developers of SHIB presented the details of the future metaverse
100,595 land plots will be created and will become available gradually.
Some of them will remain private and will be blocked, as they represent key locations for travel in the metaverse.
Land buyers will be able to earn passive income, collect in-game resources and rewards.
Owners can also rename their lot by burning the SHIB token.
Learn more - https://media.sigen.pro/news/10279
Best regards, SIGEN.pro team!
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In India, the volume of trading on crypto exchanges has fallen sharply after tightening tax laws.
Trading volume fell by 55%, traffic - by 40%.
All because of the 30% income tax, 1% TDS and the inability to make a tax deduction on losses.
India has adopted tough tax laws for crypto investors.
More details - https://media.sigen.pro/news/10201
Best regards, SIGEN.pro team!
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What should a crypto investor do in a bear market?
Today, the price of bitcoin for the first time since mid-March fell below $39,400.
At the same time, Arthur Hayes warns that by the summer the cost of the first cryptocurrency could break through the $30,000 mark.
And some analysts are even sure that we will not see the next bitcoin rally until 2024.
Against this background, we decided to recall 8 golden rules that any crypto investor should adhere to in a bear market.
How not to lose your digital assets, but on the contrary, increase them during a downtrend? Read our latest article.
Read: https://media.sigen.pro/materials/10489
Best regards, SIGEN.pro team!
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Overview of the sensational NFT-project STEPN
STEPN is a unique NFT project that allows you to earn tokens for walking or running.
The STEPN app tracks your workout in real time using GPS and earns rewards.
At the same time, the amount of reward depends not only on the number of kilometers traveled, but also on the NFT sneakers that STEPN users buy.
Shoes can have different characteristics and attributes, which adds an element of P2E games to STEPN.
Where does the profit come from? Who creates NFT sneakers? And what is the future for STEPN?
We answered these and many other questions in our detailed review.
Read: https://media.sigen.pro/reviews/10526
Best regards, SIGEN.pro team!
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Elon Musk explains why he wants to buy Twitter
He wants to make Twitter "the public, inclusive, and most trusted arena for free speech."
“It is important that people realize that they can speak freely within the law,” Musk said.
The businessman proposes the following changes:
- Make the Twitter code open and host it on GitHub to avoid any "behind-the-scenes manipulation";
- Remove the promotion of certain tweets;
- Add the ability to edit tweets for a certain time after publication, as well as show the history of editing;
- Start an active fight against spam and fraudulent bots.
Some criticized Musk's idea of buying Twitter.
Read more - https://media.sigen.pro/news/10543
Best regards, SIGEN.pro team!
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Arthur Hayes: It's a trap!
In his new article, Arthur Hayes talks about what awaits the financial and cryptocurrency markets in the near future.
The co-founder and former head of crypto exchange BitMEX talks about the correlation between cryptocurrencies and high-tech stocks,
the Fed's current and future policies, the crisis and China's role in it, and the implications of inflation for world governments, among other things.
And most importantly, he explains why cryptocurrencies will be the first to emerge from the coming global crisis.
Read about this and much more in our translation of Arthur Hayes' article "The Q-Trap" at the link below.
Read: https://media.sigen.pro/longread/10552
Best regards, SIGEN.pro team!
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Disable automatic copying of private keys for MetaMask to iCloud
One user reported the theft of $650,000 worth of crypto assets due to the fact that MetaMask automatically stores private keys in iCloud.
The scammers were able to access his iCloud account and stole the cryptocurrencies.
To disable iCloud backup for Metamask go to Settings ->
Profile -> iCloud -> Storage Management -> Backups
More details - https://media.sigen.pro/news/10567
Best regards, SIGEN.pro team!
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Wall Street giants bet on cryptocurrencies and blockchain
In a recent letter to shareholders, JPMorgan CEO Jamie Dimon said he sees opportunities for his bank in blockchain and DeFi.
Until recently, Dimon was an ardent opponent of bitcoin and cryptocurrencies, but this does not prevent one of the largest banks in the world from providing a growing number of crypto services.
Moreover, JPMorgan has been successfully running its own Quorum blockchain and JPM Coin, a dollar stablecoin based on this network, for several years.
How has JPMorgan and Jamie Dimon's relationship with the crypto market evolved?
And why are other Wall Street giants following suit? Read our latest article.
Read: https://media.sigen.pro/allarticles/10626
Best regards, SIGEN.pro team!
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Long awaited USDT listing
You asked - we did!
In light of the growing interest in the stablecoin market, we have decided to add support for the most popular and most liquid stable asset, Tether (USDT).
We have been planning the addition of USDT for a long time.
We had everything ready, except for some legal nuances.
Now, finally, we have managed to settle all the legal issues necessary for the listing of a stablecoin.
We also want to note that the GLIZE token team recently approached us with a proposal to list USDT in pair with the GLZ token.
As a result of the negotiations, we came to solutions that will undoubtedly please you:
USDT has been added to the SIGEN.pro exchange paired with GLZ (the asset with the highest trading volume).
USDT has also been added to the P2P platform SIGEN.pro.
This means that you can now buy or sell USDT with any fiat currency you want, as well as trade GLZ against USDT.
To implement this functionality, the corresponding update was activated this morning on SIGEN.pro. BEP-20 USDT (BNB Smart Chain Network) is already available in the wallet.
Along with this, we have also implemented a number of other technical improvements for more convenient and efficient trading on SIGEN.pro.
Start trading USDT — https://sigen.pro/
We, in turn, look at the dynamics of trading.
And if the asset is popular, then we will work on adding USDT in pairs to BTC, BNB and, possibly, other cryptocurrencies.
USDT has also been added to the mobile app:
Android
https://play.google.com/store/apps/details?id=com.sigen.sigen
iOS
https://apps.apple.com/en/app/sigen/id1505741102
Huawei version will be added within 24 hours via the link:
https://goo.su/4ATb
In order not to wait, you can download the APK file directly from the SIGEN.pro website:
https://sigen.pro/download/apk/index.html
Best regards, SIGEN.pro team!
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What will be the first mafia metaverse Mobland?
Mobland is the first blockchain game to be dedicated to the world of mafia.
The release of the P2E game will take place before the end of 2022, but a powerful community has already gathered around it.
In Mobland, gamers will be able to create their own syndicates or join existing ones.
The project team also plans to attract partners in the form of large brands that will launch their digital spaces.
Snoop Dogg has already become one of these partners.
Moreover, third-party developers will be able to add their game modules.
And holders of the in-game SYNR token can manage Mobland through the DAO.
What else does the future gangster metaverse offer?
And who is behind the promising project?
Read our Mobland review.
Read: https://media.sigen.pro/reviews/10728
Best regards, SIGEN.pro team!
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Key principles of crypto-ideology
By launching the Bitcoin network, Satoshi Nakamoto also launched the most important revolution of the 21st century - the financial one.
However, the ideas that Satoshi put into the first cryptocurrency existed several decades before the appearance of the first bitcoin.
Among them: libertarianism, anarcho-capitalism, the "gold standard" and the Austrian School of Economics.
And without the cypherpunk movement, perhaps there would be no cryptocurrencies at all.
On the basis of what ideas does crypto-ideology develop?
And how has it changed in the last 13 years?
We talk about this and much more in our latest article.
Read: https://media.sigen.pro/education/10742
Best regards, SIGEN.pro team!
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Two Argentinean banks have launched a cryptocurrency trading feature.
Banco Galicia, one of the largest private banks in Argentina, has added the ability to trade cryptocurrencies.
The digital bank Brubank offered a similar functionality.
Banco Galicia does not allow withdrawing cryptocurrency or replenishing a coin account.
You can only trade and store.
Banco Galicia is working with Lirium to integrate new functionality.
In turn, Lirium noted that it is working with four other institutions to launch crypto trading.
Read more - https://media.sigen.pro/news/10827
Best regards, SIGEN.pro team!
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Dear users!
We are glad to inform you that the GLIZE token has been added to the SIGEN.pro P2P platform
and is now available for fiat trading!
Buy/sell GLZ on the P2P platform:
https://sigen.pro/p2p/buy?ccy=glz
Best regards, SIGEN.pro team!
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Bitcoin adoption gaining momentum?
Last month, two regions at once recognized bitcoin as legal tender.
These are the Prosper Special Economic Zone and the Central African Republic (CAR).
However, with a more detailed study of the laws that support the new status of bitcoin and cryptocurrencies in these countries, we had a lot of questions.
How exactly will these initiatives be implemented and is there all the necessary infrastructure for them?
And what do they mean for the crypto market? We answered these questions in our latest article.
Read: https://media.sigen.pro/regulation/10872
Best regards, SIGEN.pro team!
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Colin Wu: the collapse of UST will collapse the entire crypto market.
In his latest article, well-known Chinese crypto journalist Colin Wu shared his vision of the current situation in the crypto market.
In particular, he analyzed the reasons behind the decoupling of UST from the US dollar and the fall of LUNA,
and also figured out in detail how this situation will affect the crypto market.
How will the increase in the interest rate in the US affect the crypto market?
What measures is the Terra team taking to resolve the critical situation?
And what are the project's chances of surviving this crisis?
These and many other questions were answered by Colin Wu in his article.
Read: https://media.sigen.pro/allarticles/10921
Best regards, SIGEN.pro team!
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Why did UST and LUNA crash?
UST, one of the largest stablecoins on the market, lost its peg to the US dollar on May 9 and fell to the current $0.14.
As a result, the LUNA cryptocurrency, which is backed by UST, collapsed by 99.97%.
The fall of such an important, primarily for the DeFi sector, asset became a catalyst for the decline of the entire crypto market and, possibly, launched a new crypto winter.
What happened to UST and LUNA? What does the Anchor protocol have to do with it?
What theories about the collapse of the Terra ecosystem have been put forward by the crypto community?
And how will the team save the project?
Look for answers to these questions in our today's analysis of the situation.
Read: https://media.sigen.pro/investigation/10951
Best regards, SIGEN.pro team!
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New trading pairs added
Dear users, we’re happy to announce the maintenance has been successfully completed.
New trading pairs have been added to SIGEN.pro:
-️ GLZ/LTC
-️ GLZ/BTC
-️ GLZ/BNB
-️ BTC/USDT
Trade with pleasure — https://sigen.pro/
Best regards, SIGEN.pro team!
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Dear users!
Today at 13:00 Moscow time we will start technical work with the database, mail service and the algorithm for sending letters to e-mail.
This will take approximately 100 hours and is expected to be completed on Monday, May 30 at 16:00 UTC.
During technical work, the SIGEN.pro cryptoplatform will function normally.
During the reconfiguration of the mail service and the algorithm, you may receive various emails that do not correspond to reality.
Do not be afraid and just carefully double-check all the information from the messages for its relevance.
Well, if you have any questions, please contact support:
https://sigen.pro/support
Best regards, SIGEN.pro team!
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Dear users!
We have successfully completed the maintenance encompassing the database, mail service and mailing algorithm.
All the services of our trading platform are now working as usual.
If you received any strange messages from us in the past three days and had questions about those, feel free to contact our support:
https://sigen.pro/support
Best regards, SIGEN.pro team!
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New trading pairs added!
Dear users, we’re happy to announce successful completion of the maintenance.
SIGEN.pro has added new trading pairs:
- UMI/USDT
- LTC/USDT
Trade with pleasure: https://sigen.pro/
Best regards, SIGEN.pro team!
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Bitcoin miners are selling off their cryptocurrencies
The flow of BTC from miners to exchanges peaked since January,
said Compass Mining, based on data from CoinMetrics.
Meanwhile, many miners are reporting liquidation of their BTC amid falling mining profitability.
Perhaps the capitulation of the miners begins.
Read more: https://media.sigen.pro/lightning/11209
Best regards, SIGEN.pro team!
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Dear users!
The IBT token received the most votes (37%), so tomorrow we will add this crypto asset to the trading platform.
Maintenance work on adding IBT will begin on 06/09/2022 at 02:00 UTC and will last approximately 3 hours.
After their successful completion, you will be able to deposit and withdraw IBT, and you will also be able
to trade the token in pair with BTC and USDT on the exchange or for fiat currencies on the P2P platform.
Best regards, SIGEN.pro team!
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Dear users, welcome!
Following the listing on the web version, we have updated the mobile app to support the promising GameFi token IBT.
Download the latest version to get access to buying/selling IBT on the exchange for BTC/USDT and on the p2p platform for fiat money.
Android
https://play.google.com/store/apps/details?id=com.sigen.sigen
iOS
https://apps.apple.com/en/app/sigen/id1505741102
AppGallery
https://goo.su/4ATb
Best regards, SIGEN.pro team!
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Guide to different types of cryptocurrencies
There are a huge number of different digital assets on the crypto market - in total there are already almost 20,000 of them.
All of them are divided into several categories, among which we can distinguish bitcoin, altcoins and tokens.
In turn, tokens also have several subclasses: governance tokens, meme-coins, NFTs, DeFi tokens, and many others.
What categories of crypto assets are on the market? How do they differ from each other?
And what are the benefits for holders? Read about it in our detailed guide.
Read: https://media.sigen.pro/education/11339
Best regards, SIGEN.pro team!
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Dear users!
Trading pairs BAT/BNB, SHIB/BNB, SUSHI/BNB, WBTC/BTC, WBTC/ETH have been successfully removed.
Active user orders are canceled and deposited funds are automatically transferred to balances.
The EVER/BTC pair was left because it is needed for the EVER rate on P2P.
Best regards, SIGEN.pro team!
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Amulet Protocol (hereinafter Amulet) is a decentralized insurance protocol created for the Rust-based ecosystem, starting with the Solana blockchain.
Amulet has developed an innovative and open insurance model that not only effectively solves the common problems of existing decentralized insurance protocols, but also creates a new paradigm shift for the entire insurance sector.
Risk underwriting and insurance claims are at the heart of any insurance business; however, all existing decentralized insurance protocols face the critical problem of resiliency in risk underwriting and insurance claims. Amulet is creating the industry's first Protocol-Controlled Underwriting (PCU) approach, in which Amulet will build its own underwriting capabilities and implement a claims structure that incorporates the unique Yield Backed Claim (YBC) method. This is a significant departure from current insurance models in which underwriting capabilities are leased from capital providers, in favor of a more sustainable protocol-controlled underwriting and claims structure. Amulet's vision is to is to offer simple, reliable insurance for all in Web3. With the addition of Amulet users throughout the Rust-based ecosystem will have access to a new way to hedge various risks through insurance product offerings.
Unlike some existing insurance protocols that use a combination of general underwriting pools and individual pools for insurance products, Amulet will use an individual pool for each product, and users can choose one or more pools for underwriting by investing their $aUWT in specific product pools.
A leverage ratio will be applied to limit underwriting opportunities for each $aUWT, which is initially set at 1.5 and will subject to management decisions.
By providing underwriting capital, users will have the right to distribute premiums from the pools they choose to underwrite, and $AMT tokens as additional rewards. For specific product pools, $aUWT holders may receive additional rewards with tokens from partner projects participating in the Coverage Acceleration Program.
In order to increase the underwriting potential of certain products and provide higher higher returns for underwriting users, our CAP interacts with teams of projects with coverage to accelerate the implementation of coverage. This mainly applies to coverage of Smart contracts for DeFi protocols when initiating Amulet.
The Amulet team developed the token holder reward system based on the experience of other successful DeFi protocols, as well as the capital needs of insurance operations for patients.
In addition to acting as our management token, the $AMT token has value accrual mechanics built into it, especially for those who hold and bet for over a long period of time.
Website: https: //amulet.org/
Blog: https: //amulet.org/blog/
Twitter: https: //twitter.com/amuletprotocol
Telegram Announcement: https: //t.me/amulet_announcement
Discord: https: //discord.gg/wZm73Rpp