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Topics - Adams-Richard
31
« on: February 09, 2023, 11:29:26 AM »
It's official! $KING, the lifeblood of the Kingdomverse ecosystem has been finally listed on the KuCoin exchange.
Although KuCoin is known for listing a wide variety of tokens and projects, did you know that this is the first time that the platform has listed the world's first mobile gaming metaverse token?
Yup, that is right. $KING is the in-game currency of this innovative mobile gaming metaverse — the driving force behind all transactions and interactions of Kingdomverse. Players can buy and sell heroes and characters, upgrade their in-game assets, and engage in transactions, all with the use of $KING.
As the native token of the Kingdomverse ecosystem, $KING is essential for players to fully experience the dynamic open-world metaverse and all the possibilities it has to offer.
Given how Kingdomverse is the first mobile gaming metaverse on the market, it has the opportunity to establish a strong brand and user base, and to build partnerships and integrations that can help drive adoption and growth. In addition, since they’re the first to set the standard for what a mobile gaming metaverse should look like, Kingdomverse can create a blueprint for the industry and influence how future metaverse platforms will be built.
Promising right?
No wonder why KuCoin is more than proud to announce that this project has joined the exchange. Mind you, the People’s Exchange even launched an exciting event to celebrate Kingdomverse (KING) being listed on its platform
Image from KuCoin
As you can see on the announcement cover of KuCoin above, a great grand prize pool of $50,000 in $KING has been prepared exclusively for this event!
So if you are considering investing in a certain token, $KING is probably the token that has the potential to offer you high returns. If you are trading $KING but are not a KuCoin user yet, then what are you waiting for? Click here to become one and get 20% off your trading fees.
If you are a KuCoin user and have $KING in your account, then you already have what it takes to join the "KINGDOM TRADING COMPETITION!"
Four activities are prepared for this event, and believe me when I say that the criteria are very easy and simple. Go and visit KuCoin's announcement page to see it for yourself.
To anyone who will join the event, feel free to share your experience with us by leaving a comment below. Thank you for stopping by and I look forward to sharing more with you in the future
32
« on: December 21, 2022, 11:42:33 AM »
Image from Liquid
Time flies quickly isn't it? It was not long ago when the Covid-19 pandemic hit the world. But here we are now, we have never been in a better position to end the pandemic. Well, it's not yet over but we can all agree that the end is in sight.
In the peak of the pandemic when we are all restricted to our homes for safety concerns, many of us have learned about and grown interested in cryptocurrency. The courage to take risks and invest in crypto has certainly opened doors for potential financial growth for many of us.
And as we delve deeper into the world of crypto and discover the unique potential of the many virtual assets on the market, our focus will inevitably become undivided. As much as we don't want to, we have gradually developed the habit of giving our attention to various cryptos when we are not supposed to.
But because of the many influencers claiming to give investing advice all over various social media platforms, our attention is unconsciously getting drawn to those coins that they are promoting without realizing the mistake we are about to make.
Why We Should Steer Clear of Unreliable Coin Investments in 2023
Only a few days away before a new year begins.
I’m not sure if new year’s resolutions are still a trend, but if you would like to make a list, feel free to include this: "I won’t rely my investment on unreliable coins." Let's admit it guys, in the crypto space, relying on an unstable coin is like kicking yourself in the foot.
The market is currently experiencing a downturn. Therefore, every new initiative now under development believes that in order to make money, they must first provide something to the market. This is why DYOR is so essential. In the crypto space, it is important to be well-informed if you want to save yourself from massive losses. While it's true that there are some projects that pump right away and offer multiple returns, there are also coins that start falling and keep falling.
You might be expecting me to specify the "unreliable currencies" I'm referring to in this article, but I'm sorry guys, I have no intention to ruin someone else’s business. I would still like to believe and hope that the team behind the “unreliable currencies” will be more open to innovation and step up their game in order to save their tokens from being called unreliable or unstable. After all, it is still not too late for them to realize that every project that will be introduced to the crypto market should have a solid foundation because survival is important.
Again, don't get distracted. If you are considering investing in a certain token just because you're favorite influencer told you so, don't get swayed. Protect your finances. Save yourself from crypto losses.
See what I mean? This is why DYOR is a must before you enter the crypto world.
Disclaimer
This isn't financial advice, though. Only educational purposes are intended for this content. I am also just a passionate guy that enjoys writing on the internet and sharing my opinions and analysis based on my extensive expertise.
33
« on: December 19, 2022, 11:49:02 AM »
It's officially time for the KuCoin Christmas Carnival!
What better way to spread holiday cheer in the crypto space than to host the KuCoin Christmas Carnival and award a fantastic prize pool of 30,000 USDT? That's right, the People's Exchange is busier than ever hosting the highly anticipated Christmas Carnival exclusively for its users.
On December 15 at 12:00, the campaign activities for the stated event officially began (UTC). However, if this is the first time you've heard about this exciting news and you want to take part in the Christmas carnival, don't worry, you still have a few days to sign up and have a chance to win and share the 30,000 USDT prize pool.
Unwrap 1 BTC & 30,000 USDT of Prizes With the KuCoin Christmas Carnival
Image by KuCoin
The Christmas carnival enables us to witness how genuine the KuCoin team is as they wish us a Merry Christmas.
By ensuring that each and every one of us will have a happy year-end in 2022, KuCoin has prepared not just 1, not 2 but 7 presents as a way to express gratitude for the platform's ongoing support. How can we not continue to support a crypto exchange platform as generous as KuCoin?
Present 1: Deposit To Share 1 BTC & 10,000 USDT
The first present from KuCoin Christmas Carnival will only require its users to have a net deposit amount of 1,000 USDT worth of stablecoins or more on KuCoin in order to participate in two rounds of lucky draws.
As 100 winners will be chosen in Round 1 and each receives 100 USDT, there is a good probability of winning this activity. In Round 2, 10 winners will be chosen, and each will receive 1 BTC. It's crucial to keep in mind that Round 1 victors cannot compete in Round 2.
Present 2: Deposit and Get Up to VIP12 Fee Level
You will surely feel the same level of heat in the second campaign activity as you can get a chance to win a KuCoin VIP fee rate trial that corresponds to certain assets you deposit to the platform.
Kindly refer to the picture below for the list of Deposit Amounts (USDT) and their corresponding KuCoin VIP Level
Screenshot Image from KuCoin
Present 3-7: Join the Trading Bot Master Game, Share 20,000 USDT Worth of Rewards
Things will get even more exciting as the campaign activities from 3-7 continue, as you can get a chance to win a share of 20,000 USDT worth of rewards just by creating any new Trading Bot during the event period (10:00:00 on December 17, 2022, to 10:00 on December 24, 2022, UTC), which includes any bot in Spot Grid, Futures Grid, Martingale, Infinity Grid, Smart Rebalance, and DCA.
Don't forget to upload the shared screenshot from step 2 together with your KuCoin UID to the registration form and share the screenshot of the Trading Bot's APR with any KuCoin Telegram groups or KuCoin Social.
For now, enough with spoon feeding and learn more on their site.
Final Thoughts
Whew! Given all the many wonderful presents from the People's Exchange, you'll probably agree with me when I say that KuCoin saved us from all the frustrations and disappointments that the bear market has brought us.
KuCoin has gained a household name in the cryptocurrency industry as a result of its achievement in becoming a well-known one-stop shop for all varieties of crypto campaign activity. In addition to low trading fees, user friendly, a bunch of cryptocurrency investment opportunities, and earning features, Kucoin is a top crypto exchange that is continuously evolving. Moreover, regarding the trading fees, new users of the KuCoin exchange can get 20% off their trading fees if the sign-up is done with my affiliate link.
34
« on: December 05, 2022, 10:46:55 AM »
Image from Gammalaw
Nfts has completely overtaken the business world in recent years. Whether it be in the fields of technology, music, real estate, or sports, NFTs have helped various sectors achieve ground-breaking accomplishments. Considering how rapidly the market for NFTs is growing, more and more individuals are getting interested in the power and potential that these Web3 assets may offer the world. As a matter of fact, some individuals even state that they are in favor of the deployment of NFTs that are not crypto and are purchased with fiat currency.
NFT Collections Are Virtual Property
On November 29, it was made public that a Chinese court in Hangzhou had ruled that nonfungible token (NFT) collections are forms of online virtual property that ought to be protected by Chinese law.
An online essay that cryptocurrency blogger Wu Blockchain shared claims that NFTs are network virtual properties that should be protected by national laws since they exhibit the basic characteristics of property rights, such as value, scarcity, controllability, and tradeability. The court acknowledged that Chinese laws do not currently expressly stipulate the legal attributes of NFT digital collections and decided it was necessary to confirm those attributes in order to proceed with a case.
The court stated: "NFTs have the value of relevant intellectual property rights and condense the creator's original expression of art." NFTs are "unique digital assets produced on the blockchain based on the trust and consensus process between blockchain nodes," the statement continued.
Due to this, the court ruled that "NFT digital collections belong to the category of virtual property" and that the transaction in question is considered to be the "selling of digital goods through [the] internet," which is considered to be an e-commerce business and is "regulated by the 'E-commerce Law'".
It comes after the Shanghai High People's Court declared in a paper published in May that despite the nation's ban on cryptocurrencies, Bitcoin is similarly governed by property rights rules and regulations.
Closing Thoughts
While the Chinese government is still opposed to allowing crypto transactions, It's good to know that China has made efforts to decouple NFTs from crypto by supporting the deployment of non-crypto NFTs paid for with fiat money.
How about you guys, what do you think of the Hangzhou court's decision to rule in favor of NFT ownership? Do you anticipate other countries taking a similar stance? Thank you for reading and I appreciate your thoughtful responses. As always, keep it classy and civilized!
35
« on: November 04, 2022, 07:50:37 AM »
Music serves a purpose beyond simple amusement. It establishes and shapes communities. Our choice of music provides us with an identity. It acts as a key to unlock a broad range of human emotions, which it then magnifies. Music is always present in our lives, whether it is playing softly in the background or capturing our full attention while we are dancing on dance floors at concerts.
However unfortunate it may be, many independent musicians frequently struggle to find viable distribution venues for their songs. Popular streaming providers rarely pay royalties and only pay a tiny fraction of a cent for each play. It’s a broken situation when those that sell the music are making more than those that make it.
What Is the Potential of Blockchain Technology in the Music Industry?
Because of the advent of the digital age, more people are increasingly accepting and intrigued by the idea of applying blockchain technology to the music industry. To meet the issues facing the music industry, numerous main venues for music on Web3 are now being developed. It simply represents a company of people who are passionate about shaking up the status quo.
When cryptocurrencies were first presented and gained popularity more than ten years ago, it sparked a surge of technological advancement that is still gaining momentum today. We now have the foundations of a new infrastracture that offers a decentralized and egalitarian future.
Snoop Dogg and Billy Ray Cyrus Team Up for the Collection "A Hard Working Man"
NFTs, which can be thought of as digital certificates of ownership and validity, are quickly developing as a key element of this new ecosystem. They are a potent invention because they are simple to transfer, clearly unique, and—most importantly—programmable via smart contracts.
In particular, a new NFT drop featuring music industry icons like Snoop Dogg and Bill Ray Cyrus is bringing together musical communities from all genres as well as blockchain networks.
In addition, The creator and CEO of Animal Concerts, Colin Fitzpatrick, emphasized that the "huge existing fan bases" of all three artists will be included in the collection and how Web3 will give these existing communities the resources to grow.
Bottom Line
It is known to most crypto enthusiasts that Snoop Dogg has taken part in several blockchain-related events before. In fact, the rap icon, who is likely the most well-known star in the Web3 industry, has a history of being an early crypto user.
I'm very confident that the use of NFTs in the music industry will continue to soar, especially now that we are starting to see how they can turn listeners and fans into an active ecosystem thanks to the initiatives of various musicians like Snoop Dogg.
36
« on: November 02, 2022, 12:46:38 PM »
Cryptocurrency is a much riskier and more volatile investment than most others. Bitcoin, the first cryptocurrency, has frequently experienced sharp price increases followed by sharp declines. However, I can't help but wonder why, given the losses they have already experienced, people are continuing to make investments in cryptocurrency.
As a crypto enthusiast who has already been in the industry for several years, I can only think of two reasons why people are still investing in cryptocurrencies.
The Hodl Mentality
Early adopters who invested in Bitcoin and cryptocurrencies, in the beginning, let's say in 2014 when the price of BTC was around $315 per unit, are still gaining money despite the current price declines. Long-term BTC holdings will be maintained while earning some passive income from those investments.
So if you were wise or fortunate enough to invest in cryptocurrencies even earlier, in 2010, you might be in the company of the Winklevoss twins, who are reputed to be the first bitcoin billionaires.
The Benefits of Dollar Cost Averaging for Bitcoin Investors
Those who made their investments later but are aware of how BTC halving affects the cyclical nature of Bitcoin values. They simply used dollar cost averaging (DCA) to buy Bitcoin during the bear market and then sell it during the next bull market. They have faith in the project's future and are not deterred by the turbulence in the cryptocurrency market.
Back-testing this Bitcoin investment strategy based on past outcomes is one way to assess how well it might perform in the future. You can accomplish just that thanks to a ton of online resources. As a result, you would have increased your investment from $3,600 to $8,570 if you had made a $100 monthly Bitcoin investment during the past three years. That's despite the fact that this year's severe market decline would have destroyed a sizeable percentage of your income.
Of course, you are free to alter any of these options. You could feel more at ease investing $10 per month in Bitcoin rather than $100 per month. Even if you had only put $10 into Bitcoin each month for the preceding three years, you could have turned $360 into $857. In fact, you would have made an amazing profit from your monthly Bitcoin investment over just about any medium- or long-term time horizon longer than two years.
Closing Thoughts
In the simplest way possible, volatility means that your cryptocurrency investments are riskier than your investments in well-established asset types. While many people will continue to view cryptocurrencies as the new standard for trading, it's crucial that anyone who wants to trade does so with knowledge of the hazards involved in the industry. High gains carry a number of hazards.
Consider your options cautiously if you plan to invest in cryptocurrency. Future outcomes cannot be predicted by past performance. Although I have to clarify that this is not financial advice. These are just the thoughts of an enthusiastic guy who likes to write on the internet. Do your research and don't buy more than you can afford to lose.
37
« on: October 28, 2022, 08:01:14 AM »
Image from KuCoinFootball is heir to the throne. More than half of the world's population tuned in to watch the World Cup every four years. Around 250 million football players are thought to exist worldwide. As a result, it is the sport that the majority of people around the world like and follow.
As corny and cliche as it may sound, football is much more than just a sport; for hundreds of millions of people around the world, it represents the height of cultural expression.
The hottest sporting event of the year is approaching, and I bet I'm not the only one who is beyond excited about the much-anticipated tournament. To help us get warmed up for the upcoming FIFA World Cup 2022, KuCoin, the leading crypto exchange is starting its first KuCoin Crypto World Cup.
Celebrate the FIFA World Cup With KuCoin's First Crypto World Cup
There will be 15 matches between the 16 token teams over the course of 16 days. All you have to do is choose and support your favorite token from the list - from this list - BTC, NEAR, SWEAT, MLS, KLAY, BLOK, SOL, TRX, SHIB, DOGE, VRA, YGG, ETH, OP, KCS, and MATIC. The team with the highest score will be named the winner.
NFT Rewards, Airdrops, and Mystery Boxes are up for grabs in KuCoin's Crypto World Cup. In addition, qualified KuCoin users can get the chance to win a share of $250,000 and the final winning team will win $50,000. Are you ready to start? Choose your favorite team now to start the game!
Screenshot Image from KuCoinThis is an exciting tournament prepared exclusively for KuCoin users and will start in less than three days! So what are you waiting for? Join the first-ever KuCoin Crypto World Cup as this is your chance to win big prizes!
Bottom Line
Because of how competitive the market is and how each trader is attempting to rise to the top, the cryptocurrency world is closely related to that sport. With the development of Play-to-Earn (P2E) and Move-to-Earn-themed projects, as well as sports fan tokens to increase participation, the link between cryptocurrencies and sports and games has been strengthened significantly.
To support and celebrate this unifying spirit, The People's Exchange came up with this amazing idea to hold its very own Crypto World Cup for the crypto-loving fans of FIFA. More than ever, this will bring more progress in blockchain gaming, and success to the people who are after it.
Last but not least, don't skip November 20 to watch the FIFA World Cup 2022!
38
« on: October 21, 2022, 01:29:06 PM »
As we know it, Cryptocurrency is a type of digital asset that is an unbacked, intangible currency making it not recognized as legal tender by any government or other authority.
But as technology continues to develop and the digital asset has become very convenient for people in terms of paying for goods and services and investing in some areas around the world, certain nations are starting to become receptive to the idea of making crypto a financial product.
On October 19, The Financial Sector Conduct Authority (FSCA), South Africa's financial regulator, published a notice that the country's 2002 Financial Advisory and Financial Intermediary Services Act (FAIS) has been updated to include a definition of crypto assets. This declaration marks the beginning of the long-awaited process of regulating crypto assets, which will produce benefits such as consumer protection and AML/KYC compliance.
How the Declaration's Definition for Crypto Assets Will Change the Future of Finance
The Declaration also offers a comprehensive definition of crypto assets, which it defines as a digital representation of value not issued by a central bank but capable of being traded, transferred, or stored electronically by both natural and legal persons for the purpose of payment, investment, or other forms of utility; employs cryptographic techniques; and is based on distributed ledger technology.
In addition, The Declaration has the effect of requiring anybody who offers advice or performs intermediary services in crypto assets to be authorized as a financial services provider under the FAIS Act and abide by its regulations.
As defined by FAIS, "advice" includes suggestions, directives, or proposals of a financial nature made in relation to a specific financial instrument. Any act other than providing advice that a person carries out for or on behalf of a client or product supplier with the intention of managing, administering, keeping in safe custody, maintaining, or servicing a financial product that a client has invested in or purchased from a product supplier falls under the definition of "intermediary service”.
Bottom Line
With the rapid growth of Blockchain Technology and the fact that many people have been demanding to regulate crypto assets, it will no longer be impossible that traditional currency will not be the only one essential in terms of paying for goods and services as well as investing.
The declaration made by the Government Gazette marks the beginning of having crypto assets as a financial product not only in South Africa but all over the world.
39
« on: October 19, 2022, 07:55:25 AM »
Image from KuCoin
KuCoin users on Twitter and Discord reacted enthusiastically to the most recent statement from the leading cryptocurrency exchange.
If you happen to take a look at my profile, you can see that I have already written editorial content about KuCoin's zero-fee BTC and ETH trading. And just yesterday, The People's Exchange stated that this well-liked event would be extended!
The event will continue today at 10:00 until November 2 at 10:00, according to the most recent announcement (UTC). In order to enjoy 0 make-and-taker fees, the same rules and the same 9 spot trading pairings can be used. Visit the KuCoin website if you're curious to view all the specifics. Now, don't forget to claim your free Rebate Vouchers here. Furthermore, new Kucoin exchange users can save 20% on trading fees by signing up through my Kucoin affiliate link.
With the extension of this event, I have a good feeling that the value of ETH and BTC will probably rise. Additionally, this offers KuCoin users a free chance to leverage their positions and profit from both rising and falling markets.. And regardless of your level of trading experience on the exchange now is the ideal time for you to make predictions about the price of ETH or BTC without having to pay its entire worth upfront, in order to get full ownership of the aforementioned assets.
40
« on: October 18, 2022, 06:28:07 AM »
Image from Medium
Binance Hopes to Ease the Pain for Bitcoin Miners With a $500 Million Lending Pool, according to crypto exchange Binance's recent blog post.
Its initiatives to support the mining sector come when miners are being badly impacted by the recent decline in cryptocurrency prices and Ethereum (ETH-USD) switch from the Proof-of-Work model to the Proof-of-Stake consensus mechanism. "Blue-chip" Bitcoin miners who could support their bids with actual or digital assets will be given the loans.
According to an official blog post dated October 14, the Binance Pool, a mining division of Binance, will grant access to a $500 million loan fund subject to a number of requirements, including an 18- to a 24-month term, interest rates ranging from 5% to 10%, and the use of certain real-world or digital assets as collateral. For the purpose of determining the borrower's creditworthiness, the firm will consider a wide variety of factors, including current performance, mining power, and security quantity.
The Struggles of Bitcoin Miners in the Face of a Volatile Market
During a significant decline in the price of bitcoin in 2022, market circumstances for bitcoin miners were quite difficult. When compared to its all-time high of nearly $68,000 in November last year, the cryptocurrency's value dropped by more than 70%, to around $20,000.
Many cryptocurrency mining operations have experienced additional declines in revenues as a result of rising energy costs. PoW mining requires a lot of energy, therefore when energy prices climb, the cost to mine bitcoin also rises. Significant losses have also been seen in the equities of mining businesses that are listed publicly. Riot Blockchain, a mining business, has lost 70% of its value so far this year, while Marathon Digital Holdings has lost 65%.
Several cryptocurrency miners have started to reduce their output or have gone bankrupt during the previous several months. In September, Compass Mining shut down its Georgia operations, Poolin, a bitcoin mining pool, halted withdrawals, and mining hosting business Compute North declared bankruptcy owing creditors $500 million in assets.
Bottom Line
It is comforting to know that there are other companies that have provided safe debt financing services to Bitcoin miners in the middle of the market downturn besides Binance. Another cryptocurrency company, Maple Financial, a decentralized finance platform, has developed a lending pool with a 10% interest rate, and other cryptocurrency companies have also started to offer loans to miners. Jihan Wu, the creator of the dominant cryptocurrency mining company Bitmain, has established a $250 million fund to acquire assets from the faltering mining business at a discount.
41
« on: October 13, 2022, 12:44:30 PM »
Image from Microsoft
About two and a half years ago, COVID-19 was classified as a pandemic by the World Health Organization. The crypto market has grown to be relatively healthy throughout the course of the subsequent months of suffering, false information, and significant societal change. In fact, there is a silver lining among these dark clouds in the form of Web3. That is the third generation of the internet.
Following that instinct to shut down the Web3 revolution would place us on the wrong side of history and overlook Web3's inherently democratic inclinations as well as the reality that, despite generally anemic or sclerotic growth in conventional industries, Web3 is driving trillions in economic activity and we are only getting started.
New work patterns have formed over the past 2.5 years that prioritize processes, communications, and people. Microsoft Teams became the most widely used platform for office collaboration and commercial operations during that time, growing to 270 million active users each month. The expansion of teams indicates the evolution and future of work.
In an effort to persuade businesses to operate in virtual settings, Meta Platforms, an American multinational technology conglomerate, has teamed up with technology behemoth Microsoft to integrate a number of Microsoft Office 365 products into Meta's virtual reality (VR) platform.
Choose Your Own Metaverse Adventure With More Choice and Security
In an online article shared by Microsoft, an announcement was made about the several ways they are collaborating with Meta to provide customers with more choice and security as they venture into the metaverse.
Meta Quest devices will first have Mesh for Microsoft Teams. What's nice about it is that it can be used with any device, including smartphones, computers, and mixed-reality headsets, to enable virtual gatherings where work takes place.
Meta Quest devices will also support Microsoft 365 applications, allowing users to engage with information from their preferred productivity tools including Word, Excel, PowerPoint, Outlook, and SharePoint within VR.
How Microsoft and Meta's Partnership Will Shape the Future of Work and Play
In today's age, People want to collaborate and co-create in more profound, richer ways in the modern world, regardless of where they are. This made Microsoft think that the metaverse will be crucial in bringing about new forms of connection in the not-too-distant future.
Because of that, Satya Nadella, executive chairman and CEO of Microsoft, is introducing the immersive meeting experience from Microsoft Teams to Meta Quest to give people new opportunities to engage. He said, "Now you may interact, discuss, and cooperate as though we were together in person.”
42
« on: October 11, 2022, 10:18:18 AM »
Image from KuCoin
About ten years ago, the blockchain emerged as a phenomenon on the internet. Since then, it has revolutionized several sectors and set global standards. Trading in cryptocurrencies, a practice that has seen a number of developments lately, is one of its most significant use cases.
As the popularity of Bitcoin and other cryptocurrencies is increasing either due to the astronomical price increase of Bitcoin over the past few days or so many public figures making pro comments and few against it, this is making more and more people learn and invest in crypto.
With low trading fees, user friendly, a bunch of cryptocurrency investment opportunities, and earning features, KuCoin is a top crypto exchange that is continuously evolving. Moreover, regarding the trading fees, new users of the KuCoin exchange can get 20% off their trading fees if the sign-up is done with my affiliate link.
Join the Celebration! KuCoin Offers Zero Fees for Trading BTC & ETH
The 5th-anniversary celebration continues as the People's Exchange announced yesterday that all BTC and ETH trades would be free of charge as a thank-you to its dedicated users.
KuCoin exactly knows that being able to trade with zero fees is an excellent opportunity for cryptocurrency users who wish to invest in BTC and ETH or who merely want to study different tokens on the blockchain. So what are you waiting for? Take part in the celebration and trade BTC & ETH on KuCoin for free!
Save Big With KuCoin's 5th Anniversary Trading Bot Discounts
Image from KuCoin
Valued users of the KuCoin trading bot can also take advantage and get the best deals on the platform simply by creating Spot Grid or Infinity Grid using 9 spot trading pairs.
According to an online article shared by KuCoin, both events are scheduled to take place on October 12th, 2022, at 10:00 AM.
Kindly check the screenshot below for a list of all 9 spot trading pairs open to all users and offer 0 maker and taker costs throughout the event.
Screenshot Image from KuCoin
Author’s Note:
KuCoin's ongoing zero-fee trading may hurt most crypto exchanges with the highest fees for BTC & ETH and have the most negligible impact on low-fee exchanges. So this might also be the right time to explore KuCoin's trading features more. With its numerous trading activities, exciting and significant discounts that are introduced EVERY month, and the way that the trading bot is designed to level the playing field for both experienced and novice traders on the exchange, KuCoin will undoubtedly advance cryptocurrency trading and bring success to those who are after it.
The People’s Exchange may face questions like, “Will removing trading fees suddenly result in a rush of new customers?” Not really, however, there is something to be said about how different KuCoin firms' strategies are from those of their competitors. It's possible that Kucoin's initiative may attract more attention and supporters across many countries.
In addition, The value of ETH & BTC will boost as a result of KuCoin’s initiative. Users can also take advantage of the ongoing anniversary discount given that both cryptocurrencies have experienced a slight decline in value today.
43
« on: October 10, 2022, 01:50:56 PM »
Image from Business 2 Communities
The world's largest payments company is collaborating with the international exchange FTX to sell debit cards in 40 nations, with an emphasis on Latin America, Asia, and Europe.
With West Realm Shires Services Inc. and FTX Trading Ltd., Visa announced "a long-term worldwide cooperation" on Friday in order to introduce cryptocurrency debit cards in more than 40 nations. The two businesses respectively own the cryptocurrency exchanges FTX US and FTX.com.
How an FTX Crypto Debit Card Can Benefit You
According to Visa's CFO, the initiative enables clients to spend digital currencies without transferring them away from an exchange.
With the debit cards, customers may utilize the cryptocurrency balance in their FTX wallets to make purchases at any of the 80 million Visa-accepting merchant locations across the world. According to the cryptocurrency company, holders of FTX Visa debit cards won't pay any processing or administrative costs while using the cards.
What the New Crypto Partnership Means for the Future of Visa
Cuy Sheffield, director of the crypto at Visa, said: "Visa team is more than happy to collaborate with top crypto exchanges like FTX to deliver additional flexibility and ease-of-use to how customers utilize their crypto. We'll unlock the option to use a crypto balance to finance purchases everywhere Visa is accepted.
The global payment head of FTX, Adam Jacobs, expressed the same sentiments when he said that their partnership with Visa is continuing to expand the link between digital assets and the world's financial ecosystem. Additionally, consumers may now use the FTX-linked Visa debit cards to access their crypto holdings for everyday purchasing opportunities.
Final Thoughts
I totally agree with how Visa believes that this initiative will give a lasting impact on the future of financial services and money movement. This engagement will certainly be the first of many that will show how the relationship between digital assets and the global financial ecosystem has expanded.
44
« on: September 28, 2022, 01:10:32 PM »
A South Korean crypto project Klaytn has announced that it is launching a gas fee rebate program.
The announcement Klaytn shared on Wednesday during the Token 2049 conference in Singapore was undoubtedly beneficial, especially for those who engage in the gaming industry.
Klaytn is a South Korean project from the internet company Kakao.
It is a pretty well-established blockchain project, with a main net that went live back in June 2019. Also, It is a business-focused public blockchain project that utilizes a hybrid architecture to create a user-friendly blockchain experience by integrating the unique benefits of both public and private blockchains.
Despite the fact that all cryptos are similar to one another, the various underlying technologies give most of them a variety of functions and objectives. According to its founders, Klaytn (KLAY) functions similarly to Facebook's Libra network in terms of design but has more sophisticated functionalities.
The Significance of the Klaytn Gas Fee Rebate Program
The said program is very important simply because it aims to remove barriers to Web 3 adoption
The initiative will lower the user gas prices that gaming companies must pay through Klaytn's gas charge delegation feature as well as the gas fees they accrue through their own Externally Owned Accounts or Contract Accounts, therefore they will undoubtedly benefit the most from it.
I believe everyone will agree with me when I say that Klaytn is smart enough to launch a gas rebate program that will enable gaming companies to defray gas costs from already-built blockchain games built on Klaytn in order to remove the restriction or hindrances that will prevent more people from Web 3 adoption.
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« on: September 27, 2022, 12:24:48 PM »
Image from Kucoin
Pretty sure I'm not the only one who has witnessed a lot of crypto enthusiasts share their excitement on various social media like Twitter and Discord when KuCoin Announces a $200,000 Giveaway to Reward LUNC Traders. I mean who wouldn't be excited right? Just by Trading LUNC, you will get a chance to win a share of an incredible prize pool.
According to an online article shared by KuCoin, the activity will take place from September 26, which started yesterday at 14:00 and will conclude on September 30 at 14:00 (UTC). To make sure that you will receive the rewards, don’t forget to register before taking part in the activity.
There are two activities that KuCoin has prepared for this event.
Activity 1: Trade LUNC To Share $100,000 USDT
Trading LUNC in Spot or Margin during the activity period will increase your chances of success. Please see the picture below for the following rewards.
Screenshot Image from KuCoin
Please keep in mind that the distribution of prizes will depend on the type of reward. Qualified users will share the Reward of ABC prize pool according to their LUNC trading volume. The prize pool for Reward D will be shared evenly between qualified users.
Activity 2: LUNC Trading Bot Challenge: Share a 100,000 USDT Prize Pool!
Screenshot Image from KuCoin
The 2nd activity and its prize pool are just as exciting as the 1st activity. So basically, Users who create new LUNC Spot Grid or Futures Grid Trading Bots, maintain those bots operational for more than 24 hours, and meet the following trading volume requirements during the campaign time are eligible to win a total prize pool worth $100,000 USDT.
Please remember though that users should create new LUNC bots and keep the bot running for more than 24 hours to be counted as valid trading volume. Now, after the event has ended, USDT airdrops and coupons will be issued to the user's account within ten days. To obtain it, visit the Trading Bot website.
In addition, Users can only win the biggest prize if they participate in the most KuCoin Trading Bot events. Any duplicate or false accounts, as well as accounts that have been shown to be lying or acting in any other fraudulent manner, will not be eligible for rewards.
Closing Thoughts:
Just recently, the value of LUNC experienced a sharp increase that peaked at about +60%. This is a sign that LUNC is now pumping, and I bet many people will be interested enough to participate KuCoin's LUNC Trading event as a result. So stop holding back! There is no time to waste—trade now as the event won't last for long.
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