BTCWhat is OKX? Team Background and History (OKX's most authoritative mystery solving)
1. OKX was founded in 2017 as a cryptocurrency trading services company. The company has since amassed over 20 million users and expanded its digital asset investment portfolio, which includes OKX Earn, a tool for earning passive cryptocurrency income, an NFT trading platform and decentralised app discovery centre, and the recently launched MetaX, OKX's new decentralised model that offers a cross-chain dashboard and self-hosted Web 3.0 wallet for storing (digital assets such as NFT). Wit...
BTCWhat is pledging
You can think of an equity pledge as a less resource intensive alternative to mining. This option involves placing holdings into cryptocurrency wallets to provide security and operational support for the blockchain network. Simply put, equity pledging is the act of locking up cryptocurrencies for rewards. (1) What is a Pledge of Interest A pledge of interest is a process by which holders of a particular token can receive a reward. Pledges of interest originate from a proof-of-interest mechani...
BTCHow to play the perpetual contract (the most authoritative) translation
A perpetual contract is an "innovative" futures contract, pioneered by BitMEX. Traditional contracts have an expiration date, while perpetual contracts do not have a delivery date and can be held forever, so they are called perpetual contracts. (1) What is a perpetual contract? A perpetual contract is an innovative financial derivative that is based on a delivery contract, but has many differences from the previous one. A perpetual contract is similar to a secured asset market in that its pri...
BTCWhat is OKX? Team Background and History (OKX's most authoritative mystery solving)
1. OKX was founded in 2017 as a cryptocurrency trading services company. The company has since amassed over 20 million users and expanded its digital asset investment portfolio, which includes OKX Earn, a tool for earning passive cryptocurrency income, an NFT trading platform and decentralised app discovery centre, and the recently launched MetaX, OKX's new decentralised model that offers a cross-chain dashboard and self-hosted Web 3.0 wallet for storing (digital assets such as NFT). Wit...
BTCWhat is pledging
You can think of an equity pledge as a less resource intensive alternative to mining. This option involves placing holdings into cryptocurrency wallets to provide security and operational support for the blockchain network. Simply put, equity pledging is the act of locking up cryptocurrencies for rewards. (1) What is a Pledge of Interest A pledge of interest is a process by which holders of a particular token can receive a reward. Pledges of interest originate from a proof-of-interest mechani...
BTCHow to play the perpetual contract (the most authoritative) translation
A perpetual contract is an "innovative" futures contract, pioneered by BitMEX. Traditional contracts have an expiration date, while perpetual contracts do not have a delivery date and can be held forever, so they are called perpetual contracts. (1) What is a perpetual contract? A perpetual contract is an innovative financial derivative that is based on a delivery contract, but has many differences from the previous one. A perpetual contract is similar to a secured asset market in that its pri...
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1、NFT is a crypto asset built on the blockchain. If you want to know how to play NFT, you must first know what trading platforms are available for NFT. (1) OpenSea OpenSea is the largest NFT trading platform nowadays. OpenSea has a wide range of NFT products, and the products on the shelves are divided into nine categories: art, music, domain names, virtual worlds, trading cards, collectibles, sports and functional assets, among which the most popular category "collectibles" includes: CryptoPunks, Bored Ape Yacht Club (BAYC), Pudgy Penguins and other different NFT items. The Bored Ape Yacht Club, for example, has surpassed the floor price of CryptoPunks on OpenSea, thanks to the participation of celebrities such as Stephen Curry, rapper Eminem, Jimmy Fallon and DJ Steve Aoki, and has since announced that The total trading volume on the OpenSea trading platform has officially surpassed $1 billion. In January 2022, the leading NFT trading platform closed a US$300 million funding round, increasing its valuation to US$13.3 billion and increasing its value eightfold in six months. (2) MakersPlace MakersPlace, the NFT trading platform, places great value on the quality of crypto artwork and therefore creates a blockchain fingerprint and digital signature for each NFT work by the artist or creator to prove the identity and provenance of the work. This also becomes a unique symbol of the artwork and even if the work is copied, it will not have the original signed version. MakersPlace also introduces social features, which creators can analyse through features such as views and likes. The NFT trading platform also offers a digital wallet for creators to store their works. For transactions, in addition to Ether, MakersPlace currently accepts credit card and Paypal payments. (3) Zora Zora is an invite-only digital art platform that specialises in offering a limited number of NFT cryptocurrency products and works. This NFT trading platform has an established rule that each new artist has 3 invitations to invite other friends or artists. Now that Zora has opened up the minting feature, anyone can mint NFT pieces. In August 2021, Zora launches Punk House, the CryptoPunks auction house, which is currently the only public and license-free on-chain auction venue for CryptoPunks, and introduces a new auction model - PartyBid. (4) Magic Eden Magic Eden is a new NFT platform for the Solana blockchain that allows the purchase, sale and minting of NFTs, and according to crypto data site DappRadar, Magic Eden has recorded $20.35 million in transaction volume since its inception in September 2021, or approximately HK$158.63 million. Apart from Monkey Kingdom, which is no stranger to NFT fans and specialises in the Asian market, the top three most popular NFT projects on Magic Eden as of 12 January 2022 include GGSG: Galactic Geckos, Shadowy Super Coder DAO and Degenerate Ape Academy. (5) Foundation Foundation is a community-led NFT trading platform with an automated time-limited auction mechanism, and the resulting works are distributed on OpenSea. The community-led curatorial model means that by initially inviting 50 artists to the platform, each time they successfully sell an original work, they receive two invitations to invite new people to the platform, and so on. If an artist maliciously sells or buys an invitation code, they will be denied permanent membership. In addition, Community Upvote - all Twitter-accredited community members who join the platform will receive 5 votes to support 5 artists who are eligible to join, and the top 50 will join the platform to create NFT. Users set a reserve price for their NFT works, and after the first bid, the work will be automatically auctioned for a limited period of 24 hours. (6) Async Art Async Art is an artistic experiment in itself, featuring art, music and the new Blue Paper. The images on the NFT platform, for example, are no longer just static images, but consist of master layers and multiple layers, and the owner can even change the display and settings of the different layers at will. In other words, the work evolves over time. (7) Rarible Rarible was founded in 2020 by Alexander Salnikov and Alexei Falin, with the main team members based in Moscow. Rarible is the first NFT trading platform that allows users to participate in development decisions through the issuance of an exclusive platform coin, the RARI coin. In addition, works listed on Rarible can be seen in the OpenSea marketplace, which allows Rarible sellers to reach more users and thus increase overall trading volume. (8) Alpha Art Alpha art is the first and only NFT platform on the Solana blockchain that allows offers to be made to any seller or holder, regardless of whether the work is on the shelf or not. Users can make an offer on any NFT they see by simply pressing the Make Offer button on the page. Once the offer is made, if the seller accepts it, the corresponding SOL amount will be deducted from your account by the date you specify. (9) Nifty Gateway Nifty Gateway, the NFT trading platform founded by twin brothers Duncan Cock Foster and Griffin Cock Foster, was acquired by cryptocurrency platform Gemini in 2019 and has successfully introduced well-known artists such as Pak, Beeple and FEWOCiOUS. Nifty Gateway, the NFT trading platform, has high requirements for creators, who need to submit an application accompanied by a short video introduction and a list of medium and long-term goals. A 5% sales fee is charged on both first and second sales of NFT. Each auction is carefully curated and even has a different theme. There are five common auction systems: Auction, Silent Auction, Drawing, Random Pack and Open Edition. The Nifty Gateway team is well-connected and has collaborated with celebrities such as DJ Steve Aoki, PlayBoy, Paris Hilton, Sotheby's and many more to create a buzz around NFT. (10) SuperRare SuperRare is an NFT platform dedicated to professional, established artists and was one of the first NFT platforms to be established. Users who want to sell their works on SuperRare must go through a strict vetting process and the vetting failure rate is quite high. In addition, SuperRare has a comprehensive copyright protection mechanism for works, making it the NFT trading platform of choice for professional artists, or for creators who are very concerned about copyright issues.
The content introduced above is only about the basics of cryptocurrency, which is related to whether we can make money through cryptocurrency. Cryptocurrencies make money not only by scientific methods to increase income, but also by finding ways to save money. The handling fees are small, but they must not be ignored. I have calculated that with frequent transactions and long trading hours, the accumulation of fees can add up to more than 10,000 U a year. Next I will introduce a few common ways to reduce fees on large trading platforms. (1) Lowering Binance's fees Binance is currently the world's largest digital currency exchange, and you must sign up for Binance if you want to speculate on coins. The transaction fee is deducted from the assets received. For example, if you buy Ethereum/USDT, the fee is paid in Ethereum. If you sell Ethereum/USDT, the commission is paid in USDT. Example. You place an order for 10Ethereum at a price of USD3,452.55 per share. Transaction fee = 10Ethereum0.1% = 0.01Ethereum Or you place an order to sell 10Ethereum at 3,452.55 USDT per share. Transaction fee = (10Ethereum3,452.55USDT)*0.1% = 34.5255USDT What many people do not know is that the Binance transaction fee can also be reduced. If you want to reduce your Binance trading fees, you must register using the invitation link below or use the invitation code "Q022W7SC". https://accounts.binance.com/en/register?ref=Q022W7SC
(2) Reducing OKX fees OKX is a professional digital currency trading platform loved by many users, and its transaction fees can be reduced. Depending on the volume of transactions, OKX divides its users into two levels: normal and professional. Ordinary users are graded according to their OKB positions, while professional users are graded according to their trading volume and asset size. The different tiers determine the trading fees for the next trading day. When calculating the fee levels, if the coin trading volume, total trading volume of delivery and perpetual contracts (USDT delivery contract, coin-based delivery contract, USDT perpetual contract, coin-based perpetual contract), option contract trading volume, and asset volume meet the conditions of different fee levels, users will enjoy the fee discount of the highest level. First method: OKX has an official maximum saving of 20%. Use the link below to register with OKX and save 20% on fees. https://www.ouyi.business/join/BTC1ETH Second method: Open the OKX website and enter "BTC1ETH" in the "Invitation Code" on the registration page to see the cashback percentage: 20% at the bottom. Be sure to enter this invitation code, otherwise you can not get 20% cashback percentage. (3) Reduce FTX fees FTX is currently a very fast-growing, contract players more exchange, you must register FTX if you play the contract. if you want to reduce the FTX transaction fees, you must use the following invitation link to register. https://ftx.com/referrals#a=121031692 3, trading road is long, together with forward Want to know more about how to reduce the commission? telegram: btcethcool We have set up a community dedicated to researching trading, add telegram friends to pull you into the community.
1、NFT is a crypto asset built on the blockchain. If you want to know how to play NFT, you must first know what trading platforms are available for NFT. (1) OpenSea OpenSea is the largest NFT trading platform nowadays. OpenSea has a wide range of NFT products, and the products on the shelves are divided into nine categories: art, music, domain names, virtual worlds, trading cards, collectibles, sports and functional assets, among which the most popular category "collectibles" includes: CryptoPunks, Bored Ape Yacht Club (BAYC), Pudgy Penguins and other different NFT items. The Bored Ape Yacht Club, for example, has surpassed the floor price of CryptoPunks on OpenSea, thanks to the participation of celebrities such as Stephen Curry, rapper Eminem, Jimmy Fallon and DJ Steve Aoki, and has since announced that The total trading volume on the OpenSea trading platform has officially surpassed $1 billion. In January 2022, the leading NFT trading platform closed a US$300 million funding round, increasing its valuation to US$13.3 billion and increasing its value eightfold in six months. (2) MakersPlace MakersPlace, the NFT trading platform, places great value on the quality of crypto artwork and therefore creates a blockchain fingerprint and digital signature for each NFT work by the artist or creator to prove the identity and provenance of the work. This also becomes a unique symbol of the artwork and even if the work is copied, it will not have the original signed version. MakersPlace also introduces social features, which creators can analyse through features such as views and likes. The NFT trading platform also offers a digital wallet for creators to store their works. For transactions, in addition to Ether, MakersPlace currently accepts credit card and Paypal payments. (3) Zora Zora is an invite-only digital art platform that specialises in offering a limited number of NFT cryptocurrency products and works. This NFT trading platform has an established rule that each new artist has 3 invitations to invite other friends or artists. Now that Zora has opened up the minting feature, anyone can mint NFT pieces. In August 2021, Zora launches Punk House, the CryptoPunks auction house, which is currently the only public and license-free on-chain auction venue for CryptoPunks, and introduces a new auction model - PartyBid. (4) Magic Eden Magic Eden is a new NFT platform for the Solana blockchain that allows the purchase, sale and minting of NFTs, and according to crypto data site DappRadar, Magic Eden has recorded $20.35 million in transaction volume since its inception in September 2021, or approximately HK$158.63 million. Apart from Monkey Kingdom, which is no stranger to NFT fans and specialises in the Asian market, the top three most popular NFT projects on Magic Eden as of 12 January 2022 include GGSG: Galactic Geckos, Shadowy Super Coder DAO and Degenerate Ape Academy. (5) Foundation Foundation is a community-led NFT trading platform with an automated time-limited auction mechanism, and the resulting works are distributed on OpenSea. The community-led curatorial model means that by initially inviting 50 artists to the platform, each time they successfully sell an original work, they receive two invitations to invite new people to the platform, and so on. If an artist maliciously sells or buys an invitation code, they will be denied permanent membership. In addition, Community Upvote - all Twitter-accredited community members who join the platform will receive 5 votes to support 5 artists who are eligible to join, and the top 50 will join the platform to create NFT. Users set a reserve price for their NFT works, and after the first bid, the work will be automatically auctioned for a limited period of 24 hours. (6) Async Art Async Art is an artistic experiment in itself, featuring art, music and the new Blue Paper. The images on the NFT platform, for example, are no longer just static images, but consist of master layers and multiple layers, and the owner can even change the display and settings of the different layers at will. In other words, the work evolves over time. (7) Rarible Rarible was founded in 2020 by Alexander Salnikov and Alexei Falin, with the main team members based in Moscow. Rarible is the first NFT trading platform that allows users to participate in development decisions through the issuance of an exclusive platform coin, the RARI coin. In addition, works listed on Rarible can be seen in the OpenSea marketplace, which allows Rarible sellers to reach more users and thus increase overall trading volume. (8) Alpha Art Alpha art is the first and only NFT platform on the Solana blockchain that allows offers to be made to any seller or holder, regardless of whether the work is on the shelf or not. Users can make an offer on any NFT they see by simply pressing the Make Offer button on the page. Once the offer is made, if the seller accepts it, the corresponding SOL amount will be deducted from your account by the date you specify. (9) Nifty Gateway Nifty Gateway, the NFT trading platform founded by twin brothers Duncan Cock Foster and Griffin Cock Foster, was acquired by cryptocurrency platform Gemini in 2019 and has successfully introduced well-known artists such as Pak, Beeple and FEWOCiOUS. Nifty Gateway, the NFT trading platform, has high requirements for creators, who need to submit an application accompanied by a short video introduction and a list of medium and long-term goals. A 5% sales fee is charged on both first and second sales of NFT. Each auction is carefully curated and even has a different theme. There are five common auction systems: Auction, Silent Auction, Drawing, Random Pack and Open Edition. The Nifty Gateway team is well-connected and has collaborated with celebrities such as DJ Steve Aoki, PlayBoy, Paris Hilton, Sotheby's and many more to create a buzz around NFT. (10) SuperRare SuperRare is an NFT platform dedicated to professional, established artists and was one of the first NFT platforms to be established. Users who want to sell their works on SuperRare must go through a strict vetting process and the vetting failure rate is quite high. In addition, SuperRare has a comprehensive copyright protection mechanism for works, making it the NFT trading platform of choice for professional artists, or for creators who are very concerned about copyright issues.
The content introduced above is only about the basics of cryptocurrency, which is related to whether we can make money through cryptocurrency. Cryptocurrencies make money not only by scientific methods to increase income, but also by finding ways to save money. The handling fees are small, but they must not be ignored. I have calculated that with frequent transactions and long trading hours, the accumulation of fees can add up to more than 10,000 U a year. Next I will introduce a few common ways to reduce fees on large trading platforms. (1) Lowering Binance's fees Binance is currently the world's largest digital currency exchange, and you must sign up for Binance if you want to speculate on coins. The transaction fee is deducted from the assets received. For example, if you buy Ethereum/USDT, the fee is paid in Ethereum. If you sell Ethereum/USDT, the commission is paid in USDT. Example. You place an order for 10Ethereum at a price of USD3,452.55 per share. Transaction fee = 10Ethereum0.1% = 0.01Ethereum Or you place an order to sell 10Ethereum at 3,452.55 USDT per share. Transaction fee = (10Ethereum3,452.55USDT)*0.1% = 34.5255USDT What many people do not know is that the Binance transaction fee can also be reduced. If you want to reduce your Binance trading fees, you must register using the invitation link below or use the invitation code "Q022W7SC". https://accounts.binance.com/en/register?ref=Q022W7SC
(2) Reducing OKX fees OKX is a professional digital currency trading platform loved by many users, and its transaction fees can be reduced. Depending on the volume of transactions, OKX divides its users into two levels: normal and professional. Ordinary users are graded according to their OKB positions, while professional users are graded according to their trading volume and asset size. The different tiers determine the trading fees for the next trading day. When calculating the fee levels, if the coin trading volume, total trading volume of delivery and perpetual contracts (USDT delivery contract, coin-based delivery contract, USDT perpetual contract, coin-based perpetual contract), option contract trading volume, and asset volume meet the conditions of different fee levels, users will enjoy the fee discount of the highest level. First method: OKX has an official maximum saving of 20%. Use the link below to register with OKX and save 20% on fees. https://www.ouyi.business/join/BTC1ETH Second method: Open the OKX website and enter "BTC1ETH" in the "Invitation Code" on the registration page to see the cashback percentage: 20% at the bottom. Be sure to enter this invitation code, otherwise you can not get 20% cashback percentage. (3) Reduce FTX fees FTX is currently a very fast-growing, contract players more exchange, you must register FTX if you play the contract. if you want to reduce the FTX transaction fees, you must use the following invitation link to register. https://ftx.com/referrals#a=121031692 3, trading road is long, together with forward Want to know more about how to reduce the commission? telegram: btcethcool We have set up a community dedicated to researching trading, add telegram friends to pull you into the community.
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