This article aims to dissect Trump's newest NFT collection, explore its implications for the market, and analyze the strategies employed to attract buyers. We'll also check out the successes and challenges from Trump's earlier NFT projects to understand how they shape the future of digital collectables.

Understanding Trump’s "Mugshot Edition":

Trump's "Mugshot Edition" NFTs are minted on the Polygon network, each valued at $99. The collection draws inspiration from Trump's legal woes in Georgia, prominently featuring the controversial mugshot.

These digital trading cards, with their cartoonish depictions, present a unique artistic interpretation of the former president, aimed at engaging his supporters and collectors within the NFT community.

Incentives and Unique Offerings:

A distinct feature of the "Mugshot Edition" is the incentives offered to potential buyers. Purchasers of 47 NFT cards in a single transaction, totalling $4,653 before fees, are promised a physical trading card containing a piece of the suit Trump wore during his mugshot.

This marketing strategy touts the suit remnants as "The Most Historically Significant Artifact in United States History."

Additionally, bulk buyers of 100 cards with cryptocurrency in a single transaction are promised an even more exclusive trading card featuring a piece of Trump's suit and a sliver of his mugshot tie, some also claim that the exclusive card is personally signed by the man himself, Donald Trump.

Market Dynamics and Past Performance of Trump’s NFTs:

Trump's previous NFT collections experienced a mixed reception. While initial sales soared, the secondary market witnessed sharp declines in value.

The Series 2 cards, released earlier, faced a 34% price drop within hours of release, falling substantially from their initial asking price of $99 to just $61.

Current data reveals fluctuations in the prices of previous NFTs, with some rebounding from significant drops. The newest NFTs can't be transferred until December 31, which adds an interesting twist.

This gives creators the chance to shape how valuable people think they are. Approximately 8,000 cards have been minted, leaving uncertainties regarding their potential sell-out before the year-end deadline.

Conclusion:

Donald Trump's venture into NFTs continues to captivate the market and raise questions about the sustainability of his success in the digital collectables space. The "Mugshot Edition" presents both an artistic expression and a marketing strategy that aims to entice buyers. However, the volatile nature of the NFT market and past fluctuations in value signal challenges ahead. As the digital collectables landscape evolves, the future trajectory of Trump's NFT endeavours remains a topic of keen interest, shaping discussions within the broader crypto community.

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But fear not! Our crypto glossary is here to help you decode this digital dialect and empower you with knowledge.

We'll break down complex concepts into bite-sized, easily digestible explanations while maintaining a level of expertise that caters to both beginners and those looking to deepen their understanding.

From Bitcoin to blockchain, wallets to whitepapers, and HODL to FOMO, we've got you covered. Whether you're interested in investing, trading, or simply expanding your crypto vocabulary, our glossary will serve as your trusted companion on this exciting journey.

So, whether you're looking to demystify the buzzwords surrounding cryptocurrencies or you simply want to enhance your crypto knowledge, dive in, and start exploring our crypto glossary. Unravel the mysteries of this dynamic ecosystem, one term at a time!

So, let’s get Started!

51% Attack:

A situation in which a single entity or group of miners controls more than 51% of the network's mining power, potentially enabling them to manipulate transactions and the blockchain.

Airdrop:

A distribution of free cryptocurrency tokens to the holders of a specific blockchain's cryptocurrency, often as a marketing or promotional strategy.

Algorithm:

A set of rules or processes that a computer follows to perform a specific task. Cryptocurrencies use various algorithms for mining and security.

Altcoin (Alt):

Any cryptocurrency other than Bitcoin are called altcoins. Examples include Ethereum (ETH), Ripple (XRP), and Litecoin (LTC).

Alt Season:

A period in the cryptocurrency market when alternative cryptocurrencies (altcoins) experience significant price increases, often following or preceding a Bitcoin bull market.

ATH (All-Time High):

The highest price ever reached by a cryptocurrency.

Bear Market:

A prolonged period of declining cryptocurrency prices and overall negative market sentiment, leading to selling and pessimism.

Bitcoin (BTC):

The first and most well-known cryptocurrency, created by an anonymous entity known as Satoshi Nakamoto in 2009. It serves as both a digital currency and a store of value.

Blockchain:

A distributed and immutable ledger that records all transactions across a network of computers. Each block contains a group of transactions, and they are linked together in a chain.

Bull Market:

A period of rising cryptocurrency prices and positive market sentiment, encouraging buying and investment.

Cold Storage:

A method of storing cryptocurrencies offline, typically on hardware wallets or paper wallets, to enhance security by reducing exposure to online threats.

Crypto Exchange:

Online platforms where users can buy, sell, or trade cryptocurrencies for other digital or fiat currencies.

Decentralization:

The distribution of control and data across a network of nodes (computers) rather than a central authority. Cryptocurrencies are often praised for their decentralized nature.

DEX (Decentralized Exchange):

An exchange platform that operates without a central authority, allowing users to trade cryptocurrencies directly from their wallets.

DeFi (Decentralized Finance):

A category of blockchain-based financial services and applications that aim to recreate traditional financial systems with decentralized technologies.

Distributed Ledger Technology (DLT):

A broader term encompassing technologies like blockchain, which distribute and record data across multiple nodes.

Ethereum (ETH):

The second-largest cryptocurrency by market capitalization, known for its smart contract functionality and role in the development of decentralized applications (DApps).

Ethereum Gas Limit:

The maximum amount of gas units that can be consumed in an Ethereum transaction, which determines the complexity and execution of smart contracts.

Exchange Rate:

The value of one cryptocurrency in terms of another or in relation to fiat currency (e.g., BTC/USD).

Fiat Currency:

Traditional government-issued currency, such as the US dollar (USD), the euro (EUR), or the Japanese yen (JPY).

Fiat On-Ramp/Off-Ramp:

Services or platforms that allow users to convert fiat currency into cryptocurrency (on-ramp) or vice versa (off-ramp).

FOMO (Fear of Missing Out):

The anxiety or fear of missing out on potential profits in the cryptocurrency market, leading to impulsive buying.

FUD (Fear, Uncertainty, Doubt):

Spreading negative information or rumors to create fear and uncertainty in the cryptocurrency market.

Gas Fee:

The fee paid for processing transactions and smart contracts on blockchain networks like Ethereum.

Genesis Block:

The very first block in a blockchain, used as the foundation for the entire chain.

Halving:

An event that reduces the reward given to miners for adding new blocks to the blockchain, typically occurring at regular intervals in cryptocurrencies like Bitcoin.

Hard Wallet:

Another term for hardware wallet, a physical device used for secure storage of cryptocurrencies.

Hashrate:

The computational power or processing speed of a blockchain network, often measured in hashes per second (H/s).

HODL:

A misspelling of "hold," often used in the cryptocurrency community to express a long-term investment strategy rather than selling.

ICO (Initial Coin Offering):

A fundraising method in which new cryptocurrencies or tokens are sold to investors before they are officially launched, similar to an initial public offering (IPO).

Initial Exchange Offering (IEO):

A fundraising method in which a cryptocurrency project launches and sells its tokens on a cryptocurrency exchange.

Jellybean:

Slang term for small, lesser-known cryptocurrencies with low market capitalization.

JOMO (Joy of Missing Out):

A play on FOMO, signifying contentment with not participating in a particular investment or trend.

KYC (Know Your Customer):

Regulatory requirements that obligate cryptocurrency exchanges and businesses to verify the identity of their customers.

Lambo:

Short for Lamborghini, used humorously in the crypto community to describe the dream of making huge profits.

Liquidity:

The ease with which a cryptocurrency can be bought or sold in the market without significantly affecting its price.

Liquidity Pool:

A reserve of cryptocurrency assets locked in a smart contract on a decentralized exchange (DEX) used to facilitate trading.

Margin Trading:

A trading strategy that allows users to borrow funds to trade larger positions than their account balance, increasing both potential profits and losses.

Market Cap (Market Capitalization):

The total value of a cryptocurrency, calculated by multiplying its current price by the total circulating supply.

Market Order:

A type of cryptocurrency trade order in which the trader buys or sells at the current market price.

Mining:

The process by which new cryptocurrency coins are created and transactions are verified on a blockchain network. Miners use powerful computers to solve complex mathematical puzzles.

Nakamoto Consensus:

The consensus mechanism used in Bitcoin and other proof-of-work (PoW) cryptocurrencies, named after Bitcoin's pseudonymous creator, Satoshi Nakamoto.

NFT (Non-Fungible Token):

A unique digital asset that represents ownership or proof of authenticity of a specific item, often used for digital art, collectibles, and virtual real estate.

Node:

A device or computer that participates in the maintenance and validation of a blockchain network.

Orphan Block:

A block that is successfully mined but not included in the main blockchain due to a temporary fork in the network.

OTC (Over-the-Counter):

A method of trading cryptocurrencies directly between buyers and sellers, typically for large quantities or institutional trading.

P2P (Peer-to-Peer):

A direct interaction between individuals or entities without the need for intermediaries, often used to describe cryptocurrency transactions.

Pump and Dump:

An illegal scheme where the price of a cryptocurrency is artificially inflated (pumped) to attract investors, followed by a rapid sale (dump) by the manipulators to profit, causing a sharp price drop.

QR Code:

A quick response code that stores information, often used in cryptocurrency for easy wallet address sharing.

Ransomware:

Malicious software that encrypts a victim's data and demands a cryptocurrency ransom for its release.

Rekt:

A slang term used in the crypto community to describe significant losses or a bad investment outcome.

ROI (Return on Investment):

A measure of the profitability of an investment, calculated as a percentage of the initial investment.

Satoshi:

The smallest unit of Bitcoin, named after its pseudonymous creator, Satoshi Nakamoto. One Bitcoin is equivalent to 100 million Satoshis.

Security Token:

A type of cryptocurrency token that represents ownership in an asset, such as real estate or company shares, and is subject to securities regulations.

Smart Contract:

Self-executing contracts with predefined rules and conditions that automatically execute when specific conditions are met. They run on blockchain platforms like Ethereum.

Staking:

The process of participating in a proof-of-stake (PoS) blockchain by locking up and holding a cryptocurrency to support network operations and earn rewards.

Token:

A unit of value issued by a project or platform built on a blockchain. Tokens can represent assets, access rights, or utility within a specific ecosystem.

Token Swap:

The process of exchanging one cryptocurrency token for another, often during a project

Tokenization:

The process of representing real-world assets or rights as digital tokens on a blockchain, enabling easier trade and transfer.

Uniswap:

A decentralized exchange (DEX) and liquidity pool protocol built on the Ethereum blockchain.

Utility Token:

A cryptocurrency token that has a specific use within a blockchain project's ecosystem, such as accessing services or products.

Unconfirmed Transaction:

A cryptocurrency transaction that has been broadcast to the network but has not yet been included in a confirmed block.

Volatility:

The degree of price fluctuations in the cryptocurrency market, which can be high compared to traditional financial markets.

Vitalik Buterin:

The co-founder of Ethereum, a prominent figure in the cryptocurrency space, and a major contributor to blockchain technology.

Wallet:

A digital tool or software that allows users to store, send, and receive cryptocurrencies. Wallets can be hardware-based, software-based, or even paper wallets.

XRP:

The native cryptocurrency of the Ripple network, used for fast and low-cost cross-border payments.

Yield Farming:

A DeFi strategy in which users provide liquidity to a protocol in exchange for rewards or interest.

Zero Confirmation Transaction:

A transaction that has been broadcast to the network but is not yet included in a confirmed block.

Zero-Knowledge Proof:

A cryptographic method that allows one party to prove the authenticity of information without revealing the information itself.

Conclusion

From Bitcoin to DeFi, our glossary covers a wide range of topics with clarity and expertise. Whether you're an investor, trader, or simply curious, let our glossary be your trusted companion on this exciting journey.

So, dive in and start decoding the crypto language, one term at a time. Knowledge is your key to success in the crypto ecosystem.

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It is the native digital currency of the HAQQ blockchain, a community-driven platform dedicated to fostering a Shariah-compliant financial ecosystem. In this article, we will explore Islamic Coin in detail, addressing key aspects such as its nature, acquisition methods, strategic partnerships, and its ethical mission.

What is Islamic Coin in Crypto?

Islamic Coin, or ISLM, is a cryptocurrency designed to adhere to Shariah principles, making it permissible (halal) in Islam. It operates on the HAQQ blockchain, which is built on the Cosmos SDK.

This cryptocurrency is the brainchild of ICNetwork Ltd, a privately financed technological enterprise founded by blockchain and fintech experts like Andrey Kuznetsov, Alex Malkov, Mohammed AlKaff AlHashmi and Hussein Mohammed Al Meeza.

Is the Islamic Coin Shariah Compliant?

At the heart of Islamic Coin's identity is its unwavering commitment to Shariah compliance.

Unlike many cryptocurrencies that have faced scrutiny for their compatibility with Islamic principles, ISLM Coin has sought validation through a Fatwa – a significant Islamic ruling – from renowned Islamic scholars and professionals in Islamic banking.

This Fatwa serves as a rigorous validation of ISLM Coin's adherence to the core principles of Shariah.

How is the Islamic Coin Shariah Compliant?

Islamic Coin operates on a profit-and-loss sharing system, aligning itself with the prohibition of interest-based lending in Islamic finance.

Every transaction within the HAQQ blockchain is meticulously recorded on a decentralized ledger, ensuring transparency and compliance.

The commitment to these principles makes ISLM Coin a genuinely Shariah-compliant digital asset, bridging modern finance with ethical financial practice.

What are the key features of Islamic Coin (ISLM)?

Let's check out ISLM token's features below:

Philanthropy at Its Core:

Islamic Coin doesn't just stop at being Shariah-compliant; it goes above and beyond by dedicating 10% of each issuance to support philanthropic endeavors.

This aligns with the Islamic principle of zakat, one of the core pillars of Islam, emphasizing charity and community well-being.

Ecosystem Integration:

Unlike traditional cryptocurrencies that cater primarily to crypto-native individuals, Islamic Coin's vision extends to bridging the gap between crypto-native and non-crypto audiences.

It aims to seamlessly integrate into various aspects of daily life, from social media interactions to healthcare services.

Strategic Partnerships:

Islamic Coin has forged a strategic partnership with Republic Crypto, the Web3 advisory branch of digital finance firm Republic. This collaboration is pivotal in refining ISLM Coin's market approach, tokenomics, DAO governance, and long-term value strategies.

It represents a significant step towards making ISLM Coin accessible to a broader audience, including retail investors, which was previously limited to large venture capital funds.

Alpha Blue Ocean and Other Investors:

Islamic Coin's journey towards shaping the ethical finance landscape has been fueled by substantial investments.

The project has raised over $400 million, thanks to the support of prominent investors such as Alpha Blue Ocean's ABO Digital, DF101, Futurecraft Ventures, and Optic Capital.

These investments underscore the confidence and belief in ISLM Coin's innovative approach and potential impact on the digital asset space.

DDCAP Group Integration:

Another feather in Islamic Coin's cap is its exclusive integration with DDCAP Group, along with its extensive network of over 300 Islamic banks.

This strategic partnership further solidifies ISLM Coin's position in the world of Shariah-compliant finance, enhancing its reach and impact.

Is the ISLM Coin token Pre-Sale live?

Yes, the Pre-Sale for ISLM Coin is still live at the time of writing this article. The minimum amount required to buy Islamic Coin in the pre-sale is $50 and the maximum investment one can put is set at $1 Million.

How much is 1 Islamic Coin (ISLM)?

Since the ISLM Coin is not available to the masses as of yet, it’s not possible to get a set price for it. But for the pre-sale, the team has decided to price it at 0.3$ per Islamic Coin. The minimum investment in the pre-sale would get you 166.66 ISLM Tokens.

What is the Deadline of the ISLM Coin Pre-Sale?

The Deadline for the Islamic Coin Pre-Sale is October 3, 2023 at 6:59 AM UTC. Be sure to buy some after DYOR on ISLM token before the deadline.

What is the funding goal for the Islamic Coin Pre-Sale?

ISLM Coin’s goal for this Pre-Sale is $43M, with a maximum of $1M one can put into the pre-sale of ISLM coin. Currently they’re sitting at $981,372 in the current pre-sale.

How Much Did Islamic Coin Raise Overall in funding?

ISLM Coin has previously raised over $400 million in funding, with contributions from notable investors such as ABO Digital, DF101, Futurecraft Ventures, and Optic Capital.

This substantial financial backing has supported the project's growth and development.

How to Purchase ISLM Coin?

Currently, the pre-sale is live and you can go ahead and buy some tokens from the pre-sale. Typically, Pre-sales are a great opportunity to buy a token for cheap. Don’t take our word for it, remember to always Do Your Own Research (DYOR).

Where will Islamic Coin (ISLM) be listed?

Although there has not been any official announcement made the ISLM token would most probably be listed in these exchanges has they have come as potential candidates

Binance: The Titan of Exchanges

Binance, often hailed as the titan of the cryptocurrency sphere, boasts an expansive array of digital coins, fortified security protocols, and a user-friendly interface.

With an extensive and diverse user base, Binance stands tall as one of the foremost cryptocurrency exchanges.

If ISLM were to find a place on Binance, it would open doors to unparalleled exposure before a vast audience of crypto enthusiasts and traders.

Binance's reputation for championing innovative projects perfectly aligns with ISLM's distinctive proposition as a Sharia-compliant digital currency.

The exchange's robust liquidity and substantial trading volume would pave the way for seamless transactions involving ISLM, catalyzing its widespread adoption.

KuCoin: The Booming Exchange

KuCoin, distinguished by its rapid expansion and unwavering commitment to offering a wide spectrum of cryptocurrencies, has carved a niche for itself in the cryptocurrency arena.

KuCoin has found favor among traders seeking diversified digital assets and has garnered a devoted following.

The possibility of ISLM finding its footing on KuCoin holds promise, particularly considering the exchange's focus on serving a multifaceted crypto community.

KuCoin's user-friendly interface and its readiness to embrace innovative projects are in harmony with ISLM's vision of connecting with Muslim communities worldwide.

Moreover, KuCoin's reach across various markets could prove instrumental in establishing ISLM's recognition in regions where other exchanges might struggle to gain a foothold.

Huobi: The Global Impact

Huobi, a prominent entity in the cryptocurrency realm, is renowned for its global outreach and an extensive array of digital assets. Being one of the pioneering cryptocurrency exchanges, Huobi has solidified its reputation and cultivated a substantial user base over time.

For ISLM, securing a listing on Huobi could signify a strategic move toward garnering attention in the MENA region and beyond. Huobi's proficiency in catering to diverse markets positions it as a valuable partner for ISLM, especially in regions with a significant Muslim populace.

Furthermore, Huobi's unwavering commitment to regulatory compliance and security aligns seamlessly with ISLM's adherence to Sharia principles, bestowing users with a sense of assurance during their transactions.

When will ISLM Coin be listed on cryptocurrency exchanges?

Since the ISLM coin is currently at the pre-sale stage, it’s not currently listed anywhere.

But we’ve got good news for you ISLM coin enthusiasts, according to Islamic Coin’s Roadmap, the coin should be listed anytime in the Third Quarter of 2023, which means it could be anytime now, precisely between July and September.

Since the third quarter of 2023 is almost over, many have speculated it could be just as soon as the pre-sale ends or early in the fourth quarter of 2023.

Conclusion

ISLM Coin stands as a beacon of innovation and ethics in the world of cryptocurrencies. Its unwavering commitment to Shariah compliance, dedication to philanthropy, and strategic partnerships make it a transformative force in the global Islamic finance market.

While debates on the permissibility of cryptocurrencies in Islamic law persist, Islamic Coin's journey to bridge the gap between modern finance and ethical financial practice continues to shape the financial landscape for the better.

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(Read More: DeFi Portfolio Trackers)

To stay on top of one’s investments, both beginners and experienced crypto enthusiasts turn to DeFi Portfolio trackers. These tools act as financial compasses, offering real-time insights, consolidated views of assets, and profit and loss calculations.

In this comprehensive guide, we'll explore the world of DeFi portfolio trackers, why they are crucial, how they operate, and where you can delve into the portfolios of major investors.

What Is a DeFi Portfolio Tracker?

At its core, a portfolio tracker is a tool designed to simplify the management of your investments.

It provides an all-in-one view of your DeFi assets, offering real-time updates on their performance and value.

These trackers serve as a financial command centre, aggregating data from various wallets, exchanges, and blockchain networks into a single, user-friendly interface.

Why Use a DeFi Portfolio Tracker?

The DeFi ecosystem comprises multiple blockchain protocols, tokens, and decentralized applications (DApps). This diversity means that investors often hold assets across multiple networks, interact with various wallets, and engage with decentralised exchanges (DEXs) on different blockchains.

Even institutions venturing into DeFi require accessible solutions to monitor their crypto assets.

This is where DeFi portfolio trackers shine, addressing several critical needs:

Real-Time Insights:

DeFi portfolio trackers provide users with instant, real-time updates on the performance of their assets. Given the volatility of the crypto market, this feature is indispensable for making informed investment decisions.

Streamlined Analysis:

Without these trackers, investors would need to manually check multiple wallets and DEXs to assess their holdings—a time-consuming and inefficient process. Portfolio trackers streamline this by offering a consolidated view of all assets.

Profit and Loss Monitoring:

Evaluating gains and losses is fundamental to any investment strategy. DeFi portfolio trackers automatically calculate these metrics, offering a clear picture of your investment performance over time.

Where to Find Portfolios of Major Investors?

Wondering where one can peek into the portfolios of significant investors? DeFi portfolio trackers can provide insights into the holdings of prominent figures in the crypto space.

Platforms like Nansen, Zapper, and DeBank offer features that allow one to explore the wallets and investments of key players.

This not only provides valuable insights into market trends but also helps one make informed investment choices by observing the strategies of experienced investors.

How Do DeFi Portfolio Trackers Work?

So, how do these DeFi portfolio trackers work their magic? These tools are designed to connect with a variety of exchanges, wallets, and crypto services where one stores their assets.

They can integrate seamlessly with your preferred platforms, providing a unified view of someone’s entire crypto portfolio on a single screen.

Here are some key functionalities:

Real-Time Tracking:

Users can monitor the value of their investments in real-time, even across multiple networks and wallets.

Record-Keeping:

Portfolio trackers store information about past transactions, including their value and origin or destination.

Profit and Loss Tracking:

These trackers calculate profits and losses, a feature often lacking in popular wallets.

Single View:

DeFi portfolio trackers offer a consolidated view of crypto holdings, making it easier to manage crypto investments.

Compatibility:

Many of these trackers are compatible with hardware wallets, simplifying the tracking of funds stored in cold wallets.

Best DeFi Portfolio Trackers: Navigating the Options

Several DeFi portfolio tracking tools are available to meet various needs. Let's take a look at some of the top options:

Zerion:

Choosing the right DeFi portfolio tracker depends on your specific needs and preferences. Zerion excels in providing a user-friendly experience, robust security, and a wide range of supported networks.

However, its Ethereum-centric approach and limitations in tracking centralized exchange assets may not suit everyone.

Pros:

Multi-Network Support:
Zerion offers the convenience of trading across more than 10 blockchain networks, including Ethereum, Polygon, and Binance Smart Chain. This expansive network support broadens your access to diverse assets.

Unified Wallet:
With the Zerion Wallet, users can effortlessly connect to various decentralized applications (DApps). This single wallet approach streamlines access to the DeFi ecosystem, eliminating the need for multiple wallets.

User-Friendly Interface:
Zerion stands out because of its straightforward and simple interface. Navigating the platform is simple, making it usable by a large audience whether you're an experienced crypto enthusiast or a newcomer.

"Social Crypto" Feature:
Zerion adds a social element to crypto management by allowing users to follow other wallet addresses, ENS handles, and NFT collections. This feature fosters community and collaboration within the platform.

Security Audits:
Zerion has taken security seriously by subjecting itself to independent audits by reputable firms like Trail of Bits and Vulners. These audits enhance user confidence in the platform's safety.

Live Price Updates:
Staying updated with real-time price information is crucial for crypto investors. Zerion provides live price updates, ensuring users have the latest market data at their fingertips.

Non-Custodial Approach:
Zerion uses a non-custodial model, with user security as a top priority. By giving users complete control over their assets, this strategy lowers the risk connected with centralised exchanges.

Cons:

Limited Portfolio Tracking:
Zerion's portfolio tracking is exclusive to non-custodial wallets. Unfortunately, it does not display assets held on centralized exchanges. Users with assets across both types of wallets may find this limitation inconvenient.

Ethereum-Centric:
While Zerion offers multi-network support, it remains primarily centered around the Ethereum ecosystem.

Zapper:

Zapper is a fintech platform based in Canada that aims to simplify DeFi asset management. It allows users to monitor their holdings and perform trades through decentralized exchanges (DEXs). Zapper has garnered significant attention, raising an impressive $17 million in funding for product development.

Pros:

User-Friendly Interface:
Zapper boasts a simple and intuitive user interface, making it accessible to both newcomers and experienced DeFi enthusiasts.

Categorization:
One of Zapper's standout features is the ability to categorize investments into protocols, platforms, and networks.

Wide Network Support:
Zapper supports cryptocurrencies from 11 different networks, including Ethereum, Polygon and BNB Chain.

Bridge Functionality:
Asset transfers between supported chains are simplified with Zapper's bridge feature, streamlining the process for users.

Pool Integration:
Zapper seamlessly integrates with various DeFi pools, including SushiSwap, PancakeSwap, and Curve, allowing users to deposit their assets easily.

Basic Token Swapping:
Zapper offers a straightforward token swapping interface for users looking to make quick exchanges.

Cons:

Limited Blockchain Support:
Zapper's primary limitation, just like Zerion, is its exclusive focus on the Ethereum ecosystem, lacking support for other blockchains.

DeBank

DeBank is a DeFi portfolio tracker that stands out for its comprehensive data offerings, multi-chain support, and asset-swapping capabilities. It empowers users with the tools they need to navigate the complex world of decentralized finance.

If you value extensive data analysis and multi-chain compatibility, DeBank may be a strong contender. Before going ahead with DeBank, check out the pros and cons.

Pros:

Comprehensive Data and Analytics:
DeBank shines in providing data and analytics for a wide range of DeFi protocols, including decentralized lending, stablecoins, margin trading, and decentralized exchanges (DEXes). This feature empowers users with the information they need to make informed investment decisions.

Multi-Chain Support:
DeBank offers compatibility with a variety of blockchain networks, such as Ethereum, Binance Smart Chain, Polygon, Fantom, and more. This extensive multi-chain support ensures that users can track their assets regardless of the blockchain they are on.

Asset Swapping:
DeBank's "DeBank Swap" tool allows users to compare on-chain prices across different DEXes, ensuring that they get the best possible prices for their asset swaps. This feature can potentially save users money and increase their returns.

Flexible Wallet Integration:
Users can conveniently track their portfolios by connecting various wallets, including MetaMask, Rabby wallet, Coinbase wallet, or by entering an Ethereum address supported by the Ethereum Name Service (ENS). This flexibility makes it easy for users to manage their assets.

Cons:

No Demo Available:
DeBank's notable drawback is the absence of a demo version. Without a demo, potential users may find it challenging to explore the platform's features and interface before committing to it.

Limited Resources:
The platform also suffers from a lack of available resources, making it difficult for users to access educational materials and support when needed.

Data Inaccuracy Concerns:
One article raises concerns about the accuracy of data extraction, particularly regarding user statistics. This could impact the reliability of certain data points provided by DeBank.

Coinstats:

CoinStats is a widely recognized platform with over 1.2 million users, positioning itself as the "All-In-One Platform for Managing All Your Crypto and DeFi Assets." Based in Armenia, it has raised $4.4 million in funding.

Pros:

Diverse Portfolio Management:
CoinStats excels at managing extensive and varied portfolios comprising different cryptocurrencies and DeFi assets.

Extensive Platform Support:
The platform boasts compatibility with more than 70 platforms, including popular ones like Binance, Metamask, Coinbase, and many more.

In-Depth Market Insights:
CoinStats provides detailed market insights and tracking tools for Bitcoin and over 8000 other coins, helping users make informed decisions.

Customized Crypto News:
It aggregates crypto news from 40+ sources and personalizes the presentation to match user preferences.

Transaction History Analysis:
Users can gain insights into past transactions, including profit and loss (P&L) analytics.

Fiat-to-Crypto Purchases:
CoinStats facilitates the purchase of cryptocurrencies with fiat currency through credit card transactions.

Multi-Device Accessibility:
It's accessible on laptops, desktops, and mobile devices, offering flexibility and convenience.

Cons:

Subscription Fee:
After a 7-day free trial, CoinStats requires users to subscribe at a cost of $9.99 per month, billed annually unlike the ones shared above which are Free-To-Use.

Delta

Delta, founded in 2017, has evolved into a versatile investment tracker used in over 115 countries, with more than 3 million downloads.

In 2019, it was acquired by eToro, a prominent global investment platform. Real-time access to price changes throughout various asset classes is what makes Delta interesting.

Pros:

All-in-One Solution:
Delta simplifies the lives of investors by offering a unified platform to track stocks, cryptocurrencies, and other investments. No need to switch between apps.

Extensive Cryptocurrency Support:
With Delta, you're not limited to just Bitcoin and Ethereum. It covers over 7000 altcoins, ensuring you stay updated on the entire crypto market.

Wide Exchange Support:
Delta supports more than 300 exchanges, including heavyweights like Binance, Kraken, and Bitstamp. It means you can monitor your investments wherever you trade.

Portfolio Insights:
Stay informed about your investments with Delta's portfolio balance and total Profit and Loss (P&L) metrics. Get a snapshot of your performance over the last 24 hours or since you started investing.

Market Trends:
Delta's market overview and watchlist features help you keep an eye on the latest trends and price changes, allowing you to make informed decisions.

Multiple Portfolios:
Managing different investment portfolios is a breeze with Delta. Whether you're tracking personal holdings or managing portfolios for different clients, Delta accommodates it all.

Cons:

Subscription Cost:
Delta PRO comes at a price, with a monthly cost of $8.99 or an annual subscription of $59.99. While it offers great features, this cost may be a consideration for some users.

No Trading Within the App:
It's essential to note that Delta doesn't support trading within the app. Users must execute their trades on the respective exchanges they are tracking through Delta.

**Mobile-Only:**As of now, Delta is exclusively available as a mobile app, lacking a desktop version. This could be a limitation for those who prefer managing investments on a computer.

Conclusion:

In the dynamic world of DeFi, where opportunities abound, DeFi portfolio trackers are your indispensable allies. They offer real-time insights, streamlined analysis, and profit and loss tracking, simplifying your investment journey.

Whether you're an experienced investor or just entering the DeFi landscape, these tools provide the clarity and convenience needed to navigate the complexities of decentralized finance.

So, explore the options, choose the one that aligns with your strategy, and let your DeFi portfolio tracker be your guiding light in the crypto universe.

In Short, DeFi Portfolio Trackers are one of your best DeFi Investment Allies!

https://zelta.io/trade/WLD_USDT/

Image credits: Zerion; Golden; Publish0x; DeBank; CoinCodex; CryptoSlate; CoinGuides.

(Read More: Killer Whales, Web3's Shark Tank)

In recent years, the world of cryptocurrency and blockchain technology has evolved at an astonishing pace.

From the early days of Bitcoin to the birth of NFTs and DeFi, the crypto landscape has witnessed a remarkable transformation. However, with this growth comes the need for education and awareness.

Enter "Killer Whales," a unique reality show that combines the allure of entertainment with the complexities of Web3 technology.

'Killer Whales' TV Show: The Merging of Crypto and Entertainment

"Killer Whales" represents a groundbreaking collaboration between CoinMarketCap, a renowned cryptocurrency price tracking platform, and Hello Labs, a Web3 entertainment company founded by Paul Caslin, a multi-award-winning Hollywood director and producer.

The companies behind “Killer Whales” is CoinMarketCap and Hello Labs. They seek to bridge the gap between the crypto industry and mainstream entertainment by introducing a captivating reality show.

What is Killer Whales?

The concept behind "Killer Whales" draws inspiration from the widely known TV series called "Shark Tank." In this innovative show, aspiring entrepreneurs in the cryptocurrency and NFT space pitch their groundbreaking projects to a panel of industry experts and judges known as "Whales."

These experts evaluate the projects, offering "Swim" or "Sink" votes, determining the fate of each venture.

What is the Educational Aspect in Killer Whales Crypto TV Show?

Beyond entertainment, "Killer Whales" serves as an educational platform, demystifying the intricacies of the Web3 world.

As contestants present their crypto and NFT ventures, viewers gain valuable insights into blockchain technology, decentralized finance, and the broader cryptocurrency ecosystem.

This educational dimension is particularly vital as it fosters a deeper understanding of the potential and significance of Web3 innovations.

How does Killer Whales help Web3 Entrepreneurs?

"Killer Whales" provides a unique opportunity for both seasoned entrepreneurs and newcomers to the crypto space. Contestants vie for the coveted position at the top of the series leaderboard, aiming to be crowned the series winner.

This recognition not only boosts their credibility but also opens doors to mentorship and support from the "Whales."

What sets Crypto TV Show Killer Whales apart from Shark Tank?

The thing that sets "Killer Whales" apart is its interactive nature. The show encourages active participation from the Web3 community.

Viewers have the power to vote for their favorite projects and NFTs, fostering a sense of community and support within the crypto space.

This collaborative approach amplifies the voices of crypto visionaries, allowing them to shape the future of the industry.

How does one get into Killer Whales Web3 Series?

The journey of "Killer Whales" begins with auditions, where interested candidates submit their applications through Hello.one and CoinMarketCap.

Professional representatives of industry experts review these applications, selecting projects that show promise and innovation.

The chosen projects proceed to rounds of interviews in Los Angeles, setting the stage for the filming of the show, which is scheduled to commence in 2024.

Will Killer Whales focus only on Web3 audience?

"Killer Whales" is not limited to a niche audience. It is poised to reach a global viewership as it gets released across major streaming services.

This accessibility ensures that the show's educational and entertainment value can be enjoyed by audiences worldwide, furthering the mission to introduce Web3 innovations to the masses.

Is Killer Whales The First Web3 TV Show?

The emergence of "Killer Whales" is just one example of the growing influence of Web3 technologies in the entertainment industry.

Previously, "Hold On for Dear Life," the first scripted TV show centered around digital assets, made waves.

Toonstar, a Web3 story studio, has also announced the release of its new adult-animated series, "Space Junk," marking a significant milestone in the realm of Web3 entertainment.

Moreover, "Krapopolis," a Web3 animated TV series by Dan Harmon, co-creator of "Rick and Morty," is slated for release in the near future, further illustrating the transformative potential of Web3 in entertainment.

Who are the Judges in the Crypto Killer Whales Reality TV Show?

The Judges, also known as the “Killer Whales” consists of popular crypto influencers, founders and even some VCs. Let’s take a quick look at them, shall we?

1. Mario Nafwal

Meet Mario, the man who's truly wired into Twitter! He's not just a successful entrepreneur behind the Athena Group, with a reach spanning over 30 countries, but he's also the mastermind behind some cool e-commerce ventures.

And guess what? He's hosting one of the biggest Twitter shows out there!

Mario Nafwal Twitter Handle - (Twitter Link)

2. Illa Da Producer

Illa DaProducer is a big-shot in music, with 12 platinum records and a Grammy nod.

But he's not just about music; he's also the go-to guy for partnerships and community stuff at Yuga Labs, where he's making cool connections and helping things grow and change in exciting ways.

Illa Da Producer Twitter Handle - (Twitter Link)

3. Anthony Scaramucci

Anthony, a finance veteran with over 30 years of experience, is a familiar face on TV, sharing his frank opinions on CNBC and other news shows.

He's been hailed as a big shot in finance by Forbes and Worth magazines, and he doesn't hold back when it comes to speaking his mind.

Anthony Scaramucci Twitter Handle - (Twitter Link)

4. Ran Neuner

Ran Neuner is like a business wizard who's rocked two worlds. First, he built Africa's biggest marketing company, The Creative Counsel Group, and sold it for a cool $150 million.

Now, he's in the crypto game, running Crypto Banter, the place to be for the hottest crypto info and the world's biggest live crypto show.

Ran Neuner Twitter Handle - (Twitter Link)

5. Gracy Chen

Gracy Chen is the boss at Bitget, where they do crypto trading stuff. She's really good at it and helped Bitget become super popular in the crypto world.

She's been into crypto since 2014 and knows all about numbers and data, thanks to her fancy degree from MIT in math.

Gracy Chen Twitter Handle - (Twitter Link)

6. Kevin Sonei

Kevin Sonei, or "kmoney," is a super funny guy from sunny Los Angeles. He's been making hilarious videos for more than a decade and doing stand-up comedy for three years.

With over 420,000 fans on TikTok and a whopping 60,000,000+ views, he's now rocking the Web3 world, with 100,000 Twitter Followers and a cool 20,000,000 monthly peeps checking out his stuff.

Kevin Sonei Twitter Handle - (Twitter Link)

7. Yevheniia Broshevan

Yevheniia Broshevan is like a cybersecurity superhero! She's the co-founder of Hacken.io, where she keeps important projects like Killer Whales safe from online baddies.

She's also the CEO at HackenProof, a cool platform that brings together over 20,000 good-guy hackers to make the internet a safer place. Plus, she's got a Master's Degree in Computer Science and Information System Security – talk about smart!

Yevheniia Broshevan Twitter Handle - (Twitter Link)

8. Alex Finn

Meet NFT God, aka Alex Finn, the tech-savvy guru behind "1% Better."

With a background in computer stuff and lots of tech experience, he's on a mission to help folks in the Web 3 world learn how to make a living in today's digital age. Cool, right?

Alex Finn Twitter Handle - (Twitter Link)

9. Wendy O

Wendy is a cryptocurrency whiz who loves sharing her crypto trading secrets and tech tips at big events.

She's also the go-to gal for a bunch of cool blockchain projects. Plus, don't let her size fool you; her personality is larger than life!

Wendy O Twitter Handle - (Twitter Link)

10. Austin Arnold & Aaron Arnold

Meet Austin and Aaron, the two brothers behind Altcoin Daily, a super popular crypto channel that started in 2018.

They chat about all things crypto, like Bitcoin and Web3, and make it easy to understand for everyone. With over 2 million subscribers, they're like the cool crypto guides you never knew you needed!

Austin Arnold & Aaron Arnold Twitter Handle - (Twitter Link)

11. Cordell Broadus

Cordell, known as the "Fresh Prince of Web3," is making a splash in the world of cryptocurrency and entertainment. With cool investments in Moonpay and Sandbox, he's like the crypto kingpin with a knack for finding hidden treasures in the digital world.

Plus, he's got connections everywhere, especially in the artsy NFT scene. This guy's all about mixing crypto with entertainment, and it's kinda awesome!

Cordell Broadus Twitter Handle - (Twitter Link)

After a thorough scraping of all social media channels, we can confirm that they only have an X (Formerly Twitter) page, check their profile out below 👇https://twitter.com/KillerWhalesTV

Conclusion:

As "Killer Whales" prepares for its debut in 2024 (Source), it represents a significant step in bridging the gap between the crypto industry and mainstream entertainment.

This innovative collaboration between CoinMarketCap and Hello Labs showcases the power of entertainment as a vehicle for education, awareness, and engagement in the world of Web3.

Stay tuned for an exciting blend of crypto and entertainment as "Killer Whales" takes center stage, enriching both crypto enthusiasts and newcomers with its valuable insights and captivating content.

(Image Credits: Twitter; The Handbook; Linkedin; Business Insider; Skybridge; All Hiphop;)

Also Read: What is RollBit?

Its main selling point lies in its unique blend of Ethereum compatibility and cross-chain integrations, offering developers a platform for their decentralized dreams.

Solving Ethereum's Scalability Challenges

Ethereum, the state-of-the-art blockchain that is known for its smart contracts, has not been immune to its own set of challenges. The high surge in gas fees and the growing burden of capacity limitations have cast shadows over Ethereum's otherwise revolutionary potential.

Enter Moonbeam, the good side to these scalability issues.

Moonbeam brings in a promising solution, providing a bridge that connects the Ethereum and Polkadot ecosystems seamlessly. What's even more remarkable is that it empowers developers with the freedom to wield their trusted Ethereum development tools with only minimal adjustments, making the transition effortless and empowering.

The Rising Moonbeam Network

Since its launch, the Moonbeam Network has been on an upward trend, creating a remarkable journey that commands our attention. Let's embark on a data-driven mission to uncover the milestones that mark its progress.

Moonbeam Network Statistics (as of September 17th, 2023):

What is the Number of Unique Users on the Moonbeam Network?

A mind-blowing 18,864,843 unique users have connected to the Moonbeam Network. The highest increase in new addresses on the Moonbeam Network took place on the 28th of April 2023, which was an astonishing 417,653 new users in a single day!

What is the Average of Monthly Active Addresses on the Moonbeam Network?

In the Month of August, on average, 4090.74 addresses were active. As of 17th of September 2023, an impressive 4,049 addresses actively participated in the Moonbeam ecosystem, bringing more attention to this flourishing network.

The highest number of active addresses on the Moonbeam Network was recorded on the 20th of February 2023, which was a stunning 76,093 active users!

What is the Average Gas Price on the Moonbeam Network?

The network had an average gas price of 173.3 Gwei on the 17th of September 2023, ensuring cost-efficient transactions for its users. The average Gas Price for the entirety of August 2023 was 189.84 Gwei.

The highest average gas price ever recorded on the Moonbeam Network was 46,936.38 Gwei which took place on July 18th, 2023. Now isn’t that mind-boggling?

How Many Transactions take place on the Moonbeam Network?

As of August 2023, there were a total of 1,339,929 transactions took place. A dynamic 41,165 transactions took place on Moonbeam on the 17th of September 2023, reflecting its healthy activity and utility.

On August 2nd, 2022, Moonbeam broke their personal record of daily transactions, the new record set was 200,412 transactions/day, which is yet to be beaten.

When were the Least amount of Blocks and Block rewards mined in the Moonbeam Network?

The foundational blocks of Moonbeam's success are forged through 7,126 mined blocks, rewarding participants with 549.136 $GLMR Tokens.

The lowest number of mined blocks and block rewards were on March 12th 2023, the number of mined blocks was 2466 blocks and the rewards were 968.84 $GLMR Tokens.

What is the Average Block Size on the Moonbeam Network?

As of 17th September 2023, Moonbeam's blocks carried an average size of 5,841 Bytes, proving the network's efficiency. Curious to know what was the biggest blog size on the Moonbeam Network? It was 45,801 Bytes which happened to be on the 10th of February 2023.

What is the Average Time Moonbeam Network Takes to Add a Block to the Network?

The network's speed shines through as it took/ an average of approximately 12.14 seconds to add a new block on the 17th of September 2023, ensuring timely confirmation of transactions. The Longest time taken by the Moonbeam Network to add a block to the blockchain was 34.95 secs, this happened on March 12th, 2023. Also, it took an average of 12.11s to add a block in the Moonbeam Network in August 2023

Leading the Token Transactions

The Moonbeam Network's inner workings are highlighted by the insights uncovered within its Block Explorer. Amongst the many transactions, two wallets stand out as beacons of activity between September 11th and 17th, 2023.

Who sent the most GLMR Tokens recently?

A remarkable 8,541,121.48831 GLMR Tokens have flowed from this wallet, constituting an astonishing 16.95% of the total GLMR Tokens sent during September 11th and 17th, 2023. The Wallet Address is 0x0000000000000000000000000000000000001010 which belongs to Binance

Who received the most GLMR Tokens recently?

In return, this wallet received 8,883,578.51726724 GLMR Tokens, commanding an impressive 12.61% of the total GLMR Tokens received during September 11th and 17th, 2023. The Wallet Address is 0xB224228b0Fe71ceBf95EE25339166CD626759b52.

Top Transactions on the Moonbeam Network

Further exploring the network's bustling activity between September 5th and 11th, 2023, we encounter two wallets that have etched their names in the books of Moonbeam's transaction history:

Which Wallet did the most Outbound Transactions in the Moonbeam Network?

Wallet Address 0xe93685f3bBA03016F02bD1828BaDD6195988D950 takes the lead with 10,524 outbound transactions, an impressive feat that accounts for 12.64% of all transactions on the network between 11th and 17th of September 2023.

Which Wallet did the most Inbound Transactions in the Moonbeam Network?

On the flip side, Wallet Address 0xccCDD23E11F3f47C37fC0a7C3BE505901912C6Cc takes the crown for receiving 10,525 inbound transactions, constituting yet another 12.64% of all transactions within the network between 11th and 17th of September 2023.

Which Token on the Moonbeam Network is stored in Most Unique Wallet Addresses?

In the realm of tokens, one reigns supreme on the Moonbeam Network - the XEN Token (mbXEN). An astonishing 337,822 unique wallets have mbXEN stored in them, solidifying it’s status as the top token in terms of unique addresses.

What is the Max Supply Of Moonbeam ($GLMR) Token?

The Max Supply for $GLMR (Moonbeam) is 1,084,329,795 Tokens which is priced at $0.1705 per token at the time of writing.

Conclusion:

The future for Moonbeam Network looks quite promising. With an upward trend in growth and its unique features like Ethereum Compatability, we look forward to Moonbeam Network’s success.

(Trade Moonbeam (GLMR) and 200+ other coins with 0 fees* on Zelta.io)

(Image Credits: Moonscan)

In the era of digital currencies, investors seek accessible avenues to engage with the potential of cryptocurrencies. One such avenue that has shown potential is Bitcoin ETFs.

In this article we will answer the question what is a Bitcoin Exchange-Traded Fund (ETF) and Bitcoin Futures ETFs, shedding light on their characteristics, benefits, and considerations, to aid investors in making informed choices.

What are Bitcoin ETFs? Is there a Bitcoin ETF?

The answer is Yes. There are Bitcoin ETFs available which are designed to offer exposure to Bitcoin's price dynamics without the complexities of direct ownership.

These ETFs are traded on traditional exchanges, and cater to retail investors. Bitcoin ETFs are also a good option for people who are hesitant about diving into the world of cryptocurrencies.

While Bitcoin ETFs are yet to receive the SEC approval for direct representation of underlying cryptocurrency, Bitcoin Futures ETFs linked to Bitcoin futures contracts traded on the Chicago Mercantile Exchange (CME) have been sanctioned.

Choosing a Bitcoin ETF

Among the various Bitcoin ETFs available, it is always advisable to consult a professional advisor to determine the best fit for your investment goals and also do your own research.

However, notable Bitcoin ETF options include:- Proshares Bitcoin Strategy ETF (BITO)- Valkyrie Bitcoin Strategy ETF (BTF)- VanEck Bitcoin Strategy ETF (XBTF)- Global X Blockchain & Bitcoin Strategy ETF (BITS)

Each of these ETFs offers a unique approach to gauge Bitcoin's price movements, often combining traditional securities and Bitcoin futures contracts within their portfolios.

What are Bitcoin Futures ETFs?

In addition to Bitcoin ETF there also exists Bitcoin Futures ETFs which are instrumental in providing an alternative route to engage with Bitcoin's price dynamics through futures contracts.

These contracts are regulated by the Commodity Futures Trading Commission (CFTC) and traded on CFTC-regulated exchanges.

However, investors must consider the inherent volatility and additional costs associated with futures contracts, such as "roll premiums" and management fees.

Advantages of Bitcoin ETFs

The following are the advantages of Bitcoin ETFs:

Security:

ETFs eliminate the need to manage cryptocurrency keys, reducing the risks associated with theft and hacking.

Affordability:

ETFs provide a means for investors with varied budgets to participate in the market.

Familiarity:

ETFs leverage traditional investment concepts, and cater to those not well-versed in blockchain technology.

Disadvantages of Bitcoin ETFs

While there are many advantages of Bitcoin ETF, one notable drawback it has is its dependency on regulatory approval.

Additionally, while ETFs do mitigate some complexities, they do not grant direct ownership of Bitcoin, potentially limiting participation in certain aspects of the cryptocurrency ecosystem.

Bitcoin ETFs vs. Bitcoin Direct Investment

To answer in the most direct way, investing in Bitcoin directly or through Bitcoin ETFs depends on an individual’s risk appetite, investment strategy, and familiarity with the digital currency landscape. From a safety point of view both have their advantages and disadvantages hence a proper research is must.

The Approval Landscape

While several Bitcoin ETFs are under consideration for approval, at the time of writing, the popular BlackRock's Bitcoin ETF has still not received approval from the SEC. The approval date remains uncertain, underscoring the regulatory challenges faced by certain ETF proposals.

However, Canada has embraced the concept of Bitcoin ETFs, with some being successfully launched in the Canadian market.

These ETFs provide Canadian investors with a local avenue to access Bitcoin's potential without directly owning the cryptocurrency.

In conclusion, navigating the world of Bitcoin investment involves careful consideration of ETFs and futures ETFs.

Each avenue has its merits and challenges, catering to a diverse range of investors seeking exposure to the dynamic cryptocurrency market.

It's essential to consult professionals and conduct thorough research before embarking on your Bitcoin investment journey.

Trade $BTC and 200+ other assets with 0 fees* on Zelta.io

(Check out our article on PEPE's Rug-Pull Story)

Image credits: Decrypt; CoinMarketCap.

What is Rollbit?

Rollbit stands as a unique platform that seamlessly merges the thrill of casino-style games with the exciting possibilities of cryptocurrency trading. This innovative concept offers users a diverse range of games and features, catering to both gaming enthusiasts and crypto traders.

Is Rollbit Legit?

With something as exciting as rollbit coming through, one question arises: Is Rollbit reliable? The answer lies with Rollbit itself which has ensured its legitimacy through provably fair games, transparent algorithms, and a commitment to security.

Rollbit is accessible globally to users across all countries except countries like Australia, Iran, France, etc. (Source)

This widespread availability makes it convenient for individuals from different corners of the world to experience the platform's offerings.

Features of Rollbit:

Rollbit introduces a variety of engaging games, including Roulette, Crash, Flip, Plinko and more. Each game offers a unique experience with its own set of rules and strategies.

Rollbit Casino and Sports Betting Integration:

Rollbit offers an exclusive casino experience with its range of games. Additionally, the integration of Sports as well as E-Sports like CS:GO, Dota 2, League Of Legends, etc. adds a touch of familiarity for gaming and sports enthusiasts, making Rollbit an appealing platform for crypto traders, sports enthusiasts and gamers.

Rollbit's NFT Ecosystem:

Rollbit introduces NFTs in the form of Rollbots, enhancing the gaming experience. Rollbots are unique collectable NFTs that offer special perks and features within the platform. Users can also enjoy NFT loot boxes, adding an element of surprise and excitement.

Rollbit's Crypto Futures and Loaning NFTs:

Rollbit's Crypto Futures offer a thrilling twist to traditional crypto trading. Users can place bets on price movements within short time frames, adding an element of excitement to their trading endeavours. Additionally, the platform allows users to loan NFTs, enabling a unique way to leverage their digital assets.

Provably Fair RLB Lottery:

Rollbit's Provably Fair RLB Lottery adds an extra layer of excitement for users. With 20% of the platform's casino profits shared as prizes, users can stake RLB tokens for a chance to win. This feature uniquely combines gaming and potential rewards.

Sports Rollbots:

Rollbit introduces Sports Rollbots, tapping into the growing popularity of sports and NFTs. These NFTs serve as collectables related to various sports, enabling users to showcase their passion for sports within the crypto ecosystem.

What are the Benefits of Rollbots?

Owning Rollbots NFTs comes with a range of benefits. These include potential rewards, access to exclusive features, and the ability to participate in challenges and promotions within the platform.

How Do You Trade Crypto Futures in Rollbit?

Trading Crypto Futures in Rollbit is easy, here are the steps needed to place your first crypto futures trade in Rollbit Casino.Step 1. Deposit Money into your Rollbit AccountStep 2. Head on towards the Crypto Futures Tab and Select the AssetStep 3. Choose which way the chart would move and put in your bet amount as well as the multiplier. Keep in mind, higher the multiplier, faster you make/lose money.Step 4. Cash out whenever you feel like it.

Bonus Tip: If you keep your bet open for longer than 8 hours, you might incur or receive hourly funding payments, depending on market conditions.(Source : rollbit.com)

What are NFT Lootboxes?

Rollbit has another popular gambling feature/game called NFT Lootboxes. The way loot boxes work is you buy the box for some amount of funds and you get a box which has a chance to contain a rare or a valuable item.

The odds of getting a good item is not good most of the time but lootboxes are unique since this is one of the few games where even if you lose, you get something in return.

The Odds vary from LootBox to LootBox. In the case of the King of the RollBit Loot Box, the odds of getting the NFT is just 0.01% which is 1 NFT per 10,000 Loot Boxes being opened.

What is the Rollbit Coin ($RLB)?

Rollbit Coin ($RLB) serves as the native utility token of the platform. With a maximum supply of 5 billion RLB tokens. Rollbit also employs a token-burning mechanism to enhance scarcity and value.

As of now, 36.06% of the maximum supply has been burned, leading to a reduction in circulation. At the time of writing this article, there are 3,196,923,418 RLB tokens in circulation

At the time of writing, there are about 7,548 wallets that hold Rollbit.

Rollbit's Ongoing Evolution

As the cryptocurrency and gaming landscape continues to evolve, Rollbit remains at the forefront of innovation. The platform's commitment to user experience, fairness, and entertainment sets it apart in the competitive world of crypto gaming and trading.

Conclusion

Rollbit presents an innovative fusion of gaming and crypto trading, catering to a diverse audience of enthusiasts. With its array of games, NFT ecosystem, unique features, and commitment to transparency, Rollbit emerges as a legitimate and exciting platform in the ever-expanding world of cryptocurrencies. Whether you're a seasoned trader or a casual gamer, Rollbit offers a captivating journey where gaming meets crypto trading, making it an appealing choice for those seeking a blend of both worlds.

Image Credits: Watcher Guru; BitcoinChaser; Rollbit

(Check out our article on How to Earn in GameFi)

In the world of blockchain technology, staying ahead of the curve is essential. This is where PAAL A.I. steps in as a reliable guide, equipped with an array of tools and features designed to empower you on your crypto journey, in short Paal AI presents itself as the Chat GPT of crypto.

What is PAAL AI?

PAAL A.I. is an innovative platform that harnesses the power of artificial intelligence (AI) to empower users within the dynamic world of blockchain technology.

It offers a suite of tools and features designed to provide comprehensive knowledge, support, and insights tailored to individual users' needs.

PAAL AI is a token based on the Ethereum blockchain. The tokenomics have been explained below.

Tokenomics of $PAAL

The $PAAL token is the utility token for the PAAL AI ecosystem. It offers governance power and staking benefits.

Tokenomics include revenue sharing, with sources of revenue such as whitelisted AI solutions, advertising, trading taxes, and future services.

The allocation of revenue involves the Paal Ecosystem Fund and rewards for stakers. The voting power on governance decisions is proportional to the number of tokens held.

Below are the technical details associated with $PAAL -

Token Name:
PAAL AI
Blockchain Platform:
Ethereum
Total Supply:
1,000,000,000 $PAAL Tokens
Taxes:
4% - buys & sell
1% - Stakers ETH payout [paalecosystemfund.eth]
1% - Marketing [paalmarketing.eth]
1% - Buyback & Burn [paalstaking.eth]
1% - Development [paalteam.eth]

(Source: PAAL AI Whitepaper)

Where to Buy/Swap $PAAL?

$PAAL tokens can be purchased or swapped on several cryptocurrency exchanges. Users are advised to conduct research and choose exchanges that support $PAAL trading.

Who is the founder of PAAL AI?

Although the PAAL AI founders haven’t been specifically outlined, the PAAL AI partners include Google Cloud, OKX and Flooz.

How to Stake PAAL AI?

Staking PAAL AI tokens allows users to contribute towards the platform's stability while also earning rewards.

To stake PAAL AI, follow these steps:

1. Visit the staking platform at rewards.paalai.io.

2. Choose a Staking Pool. Current PAAL AI offer the following pools:
   14 days: 10% of ETH rewards
   28 days: 30% of ETH rewards
   56 days: 60% of ETH rewards

3. Choose the pool of your choice and Stake.

This interest will be paid out in PAAL tokens and unlock advanced features or services. The more tokens staked, the higher the tier of service that becomes available.

Additionally, depending on the revenue generated the rewards can be claimed either weekly or bi-weekly.

(Learn more about: What is Staking?)

What are the uses of PAAL AI?

PAAL AI has a good range of powerful features which include:

Adaptive Chatbot:

Provides tailored responses based on users' unique needs and preferences.

Custom AI Training:

Allows users to train AI models with their datasets for specialised chatbots.

Multimodal AI:

Processes information from text, images, audio, and videos.

Continuous Learning:

The AI algorithms stay updated with developments in the industry.

Regulatory Compliance:

Adheres to data privacy and security standards.

White-label Solutions:

It enables businesses to create customised AI solutions.

Collaborative Platform:

Promotes community that aims at innovating.

PAAL AI also offers some tools for enhancing user experience. These PAAL AI tools include:

MyPaal:

Crypto-focused AI for answering market related questions, summarising charts, and sentiment analysis.

AutoPaal:

Offers autonomous AI research, insights, and analysis capabilities.

AutoPaal X:

Currently under development, Auto PaalX combines features of MyPaal and AutoPaal with added lightning-fast trading, limit order, and private transactions. It will also be used for revenue sharing with $PAAL stakers.

Telegram and Discord enthusiasts, rejoice! PAAL AI is on its way to revolutionise social media interactions by introducing custom AI bots. These bots, powered by advanced AI, provide 24/7 top-notch customer support.

You get to choose how to train the bots and then these AI bots take charge and follow your set instructions. Who knew crypto could be this user-friendly?

How to setup MyPaal?

Setting up MyPaal involves a few steps:

1. Add the MyPaal bot to your Telegram groupGrant admin permissions to the bot.

2. Set a welcome message using the /addwelcome@MyPaalBot command.

3. Use commands like /welcome@MyPaalBot "on" or "off" to control the welcome message.

4. Preview the current welcome message with /prevwelcome@MyPaalBot.

5. To reset the welcome message, use the /resetwelcome@MyPaalBot command.

In a Nutshell

PAAL AI is more than just a chatbot! It is your guide to navigating the complexities of blockchain and digital assets. With tools like MyPaal, AI bots, and the power of $PAAL tokens, users are armed with a toolkit that empowers them to conquer the crypto world.

If you liked this article, check out our article on AI Crypto Coins

Image Credits: Paalai.io

In the evolving world of cryptocurrency, stablecoins have risen as a groundbreaking innovation, acting as a bridge between volatile cryptocurrencies like Bitcoin, Ethereum and the unwavering stability of conventional fiat currencies. In this article, we'll dive into the world of stablecoins, taking a look into categories of stablecoins, how stablecoins operate, safety measures, and the potential threats hurdles that stablecoins might face.

What are Stablecoins?

Stablecoins, as their name implies, are a distinctive class of cryptocurrencies that are engineered to uphold a consistent value, providing a reliable alternative to the constant fluctuations seen in other digital assets.

Types of Stablecoins

Stablecoins primarily fall into three distinct categories, each employing its unique strategy to achieve stability.

1. Fiat-Backed Stablecoins: Anchored in Tradition

Fiat-backed stablecoins, including familiar names like Tether (USDT) and USD Coin (USDC), are pegged to conventional currencies such as the U.S. dollar. These stablecoins preserve their value by holding an equivalent reserve of the underlying currency, establishing a sense of dependability and assurance. The safeguarded reserve ensures that every unit of the stablecoin in circulation corresponds to a corresponding sum securely held within a conventional financial institution. Recently Paypal’s stablecoin PYUSD has joined this category too.

2. Crypto-Collateralized Stablecoins: Leveraging Cryptocurrency Reserves

Crypto-collateralized stablecoins, represented by MakerDAO's Dai (DAI), lean on a diverse assortment of cryptocurrencies to uphold their value. To counterbalance the inherent volatility associated with cryptocurrencies, these stablecoins necessitate an overcollateralization strategy. This strategy mandates that the cumulative value of the reserve cryptocurrencies exceeds the total value of the issued stablecoins, effectively mitigating the risks tied to sudden market fluctuations.

3. Algorithmic Stablecoins: Stability Through Code

Algorithmic stablecoins, exemplified by Terra (LUNA) and Ampleforth (AMPL), rely on sophisticated algorithms to regulate their supply and sustain a consistent price. In contrast to the traditional collateral-based approach, algorithmic stablecoins dynamically adjust their circulating supply based on market demand and supply shifts. This adaptable equilibrium strives to achieve price stability without leaning on conventional reserves.

Unfortunately for investors the crash of Terra (LUNA) has raised serious concerns about algorithmic stablecoins.

Advantages of Stablecoins

Stablecoins offer a lot of advantages and there are many uses of stablecoins within the cryptocurrency ecosystem:

Medium of Exchange:

Stablecoins furnish a dependable medium for transactions without the worry of market volatility.

Store of Value:

Amidst the market's inherent volatility, stablecoins serve as a steadfast and secure store of value.

Global Transfers:

Stablecoins expedite swift and cost-efficient cross-border transactions, particularly in regions marked by unstable local currencies.

Decentralised Finance (DeFi):

Stablecoins form an important part of DeFi protocols, enabling activities such as lending, borrowing, and yield farming.

Safety and Regulation of Stablecoins: Navigating Ambiguity

The safety of stablecoins depends on their type and underlying mechanisms. Fiat-backed stablecoins, supported by conventional reserves, offer a degree of security. Nevertheless, they have their own challenges linked to transparency, operational credibility, and adherence to regulatory standards. Leading regulatory bodies, including the International Organization of Securities Commissions (IOSCO), advocate robust regulation to ensure the stability of stablecoins and their potential impact on financial systems.

Risks of Stablecoins

While stablecoins do have their advantages there are also some risks associated with them.

Regulatory Scrutiny:

Regulatory authorities are closely monitoring stablecoins due to concerns surrounding potential disruptions and opacity.

Market Trust:

The credibility of certain stablecoins, such as Tether (USDT), has been cast into doubt due to uncertainties about their backing.

Algorithmic Complexity:

Algorithmic stablecoins encounter difficulties in maintaining their peg during market turmoil, evident in the sudden drop of Terra (Luna) or UST.

Conclusion:

In the ever-transforming domain of cryptocurrencies, stablecoins emerge as a promising remedy to market volatility by blending stability and innovation seamlessly.

As the cryptocurrency community continues to navigate regulatory frameworks and refine technological paradigms, stablecoins stand poised to redefine financial transactions, cross-border remittances, and the landscape of decentralised finance (DeFi). Although challenges remain, stablecoins represent an exciting evolution with the potential to modify the future of digital finance.

(If you liked our article, Check out our other article on DCMA's CBDC, UMU.)

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Image Credits: PYMNTS; Bankrate; WikiMedia; Asia Crypto; BitPay

Join us as we embark on a journey to unravel the mysteries of this stablecoin.

Imagine a digital currency that combines the scale of traditional money with the adaptability of cryptocurrencies. Enter PayPal Stablecoin, or PYUSD. This creation by PayPal, is designed to bring reliability and consistency to the world of digital transactions.

The big question that's been buzzing is – has PayPal entered the world of cryptocurrencies? Indeed, PayPal has taken the plunge by introducing its own cryptocurrency, PYUSD. Designed as a stablecoin, PYUSD is anchored to the value of the U.S. dollar backed by tangible assets.

With the weight of U.S. dollar deposits, short-term U.S. Treasuries, and comparable cash equivalents behind it, PYUSD stands firm in its commitment to maintain a secure and unfluctuating value.

When did PYUSD Launch?

PYUSD made its debut on August 7, 2023, marking a pivotal juncture in the evolution of stablecoins. PayPal's entry into this domain has undoubtedly captured the curiosity of crypto enthusiasts across the globe.

Credits: PayPal

Unveiling the Numbers: PYUSD's Price and Market Cap

For the inquisitive minds seeking digits, PYUSD emerges onto the scene with an initial valuation of $1.00 per unit, maintaining its 1:1 peg with the U.S. dollar. As for the elusive market capitalization of PYUSD, that detail remains under wraps, leaving us intrigued about its performance in the ever-shifting cryptocurrency landscape.

Seamless Transactions: How to Buy and Sell PYUSD?

Buying PYUSD is simple. Eligible U.S. PayPal users can buy PYUSD through their PayPal Balance accounts. This functionality bridges the gap between conventional financial systems and the innovative domain of digital currencies.

Who is the founder of PYUSD?

Unlike some other tokens or currencies, the PYUSD founder is not a single entity rather it emerges as a collective effort. PYUSD is a collaborative effort between PayPal and Paxos Trust Company.

Credits: Paxos

Is PYUSD a scam?

Stablecoins offer stability, but not without acknowledging potential risks. Though not explicitly mentioned, it's prudent to recognize that stablecoins can grapple with regulatory complexities, security vulnerabilities, and market oscillations that might influence their value.

Let's quell any suspicions – there's no hidden agenda in the birth of PYUSD. It is claimed to be a legitimate stablecoin introduced by PayPal to enrich the landscape of digital currencies.

Based on the available information so far, there's no reason to doubt PYUSD's authenticity. It's fortified by PayPal's sterling reputation and adheres to regulatory protocols. But comes with the risk of a centralised body controlling everything.

That being said, only time will tell how stable is the PYUSD Stablecoin.

Should you invest in PYUSD?

The question looms large – should one invest in PYUSD? Just as with any investment decision, a comprehensive study and consideration of financial goals and risk tolerance are crucial. While PYUSD boasts substantial backing and PayPal's credibility, prudent investment choices are rooted in individual circumstances.

PYUSD: A Bridge Connecting Realms

PYUSD isn't merely a stablecoin. It's a bridge fusing conventional and digital currencies seamlessly. Its multifaceted role encompasses enabling payments, facilitating person-to-person transfers, fueling transactions within the PayPal network, and facilitating conversions between cryptocurrencies and PYUSD.

Credits: The Verge

Ethereum: The Chosen Blockchain by PayPal

For the tech-savvy enthusiasts, curiosity might surround the blockchain that underpins PYUSD. The answer lies in Ethereum! PayPal's stablecoin operates on the Ethereum blockchain, utilising the ERC-20 token standard to ensure efficiency and compatibility.

Demystifying Stablecoins: A Brief Insight

For those new to the scene, stablecoins are digital tokens engineered to uphold a consistent value by anchoring themselves to tangible assets like fiat currencies or commodities. PYUSD occupies this category, promising value in a volatile cryptocurrency market.

What are the uses of PYUSD?

The utility of PYUSD knows no bounds. From smoothing payments to enabling seamless transfers between individuals, funding purchases within PayPal's ecosystem, and enabling conversions between cryptocurrencies and PYUSD, this stablecoin emerges as a versatile tool, steering the course of futuristic financial experiences.

With that, we conclude our exploration of PayPal's PYUSD. Remember, the stablecoin narrative continues to evolve, with PayPal spearheading novel possibilities in the sphere of digital transactions. Keep your sights set on our future insights as we journey through the dynamic realm of cryptocurrencies. Until next time, keep savouring knowledge and embracing the digital revolution.

https://zelta.io/trade/BTC_USDT/

(If you liked this article, check out our article on WorldCoin.)

Blur.io, which launched on October 19, 2022, is a leading NFT Marketplace operating on the Ethereum mainnet. It has swiftly become the foremost trading platform for NFTs in terms of volume.

In contrast to other marketplaces that primarily cater to retail users, Blur is specifically designed to serve the needs of professional NFT traders.

(Click here for our article on How and Where to buy/sell NFTs)

The platform provides batch transactions for both shelf and floor-sweeping, along with order book NFT transactions, thereby enabling traders to carry out batch operations with greater ease.

With the ability to browse NFTs not only on Blur but also on other NFT marketplaces, buyers can place orders directly through Blur, enjoying an experience similar to buying or selling cryptocurrencies with immediate liquidity.

(In case you didn't know what NFTs are, click here)

What makes Blur stand out?

Speed:

Blur distinguishes itself as one of the fastest NFT aggregators and marketplaces available today. Its architecture is specifically designed to support faster batch minting than most other NFT exchanges. This faster speed is applicable across all NFT marketplaces and projects, which gives traders a competitive advantage for activities like sniping.

Sweeps:

In NFT trading, sweeping the floor refers to buying several of an NFT collection's lowest-priced works. To optimize profits, projecting the impact of such a purchase is crucial, and Blur supports traders in this regard. The platform has a floor depth chart for each collection, which enables traders to make more accurate projections. In addition, it avoids NFTs that are pending, stolen, or suspicious, and bulk delisting and listing capabilities minimize gas fees. There are no gas fees for NFT sales.

Listing Options:

One of the distinguishing features of Blur that sets it apart from other NFT marketplaces is its listing options. Trait floor price listing, floor price listing, and ladder listing are just a few of the available options. In addition, the marketplace's deep analytical features enhance portfolio management for its users.

Portfolio View:

Once a user connects their wallet to their Blur account, they gain access to a detailed portfolio view of their holdings. Furthermore, users can view the portfolio activity of all transactions on the marketplace, including specific activities for each wallet. This includes viewing activity for a particular wallet, filtering by collection, and viewing overall activity.

NFT Royalties:

Blur provides NFT owners with the option to establish creator royalties for their assets when they list them on the marketplace. Listing royalties is one way for traders to access a larger portion of the final airdrop. Additionally, users who list NFTs with royalties benefit from loyalty points and may receive BLUR tokens as an incentive.

Can Blur be a Threat to OpenSea?

Blur, a well-designed NFT marketplace, is gaining popularity among professional NFT traders due to its superior user interface and features. Unlike OpenSea, which requires users to switch between tabs to access account data, Blur presents analytics and sales history on a single page for a more seamless experience.

Blur also offers standard features like price feeds, gas fee tracking, and dark-light modes. Its speedy platform, with updates every four seconds, provides an advantage for sniping, while deep analytics on NFT rarity and trading history help traders save time and make informed decisions.

Additionally, Blur's gas priority presets and competitive fee structure give traders a financial edge over other exchanges. Notably, Blur has recently found a workaround for blocklisted collections on OpenSea.

Conclusion:

Despite being launched just a few months ago in October 2022, Blur has significantly disrupted the NFT market. Its speed, analytical features, lack of gas fees, and other advantages actively support professional traders in multiple ways. Since it's a new marketplace, there's a high possibility of new features being introduced in the future to further enhance the NFT trading experience.

Found this interesting? Check out our take on dNFTS

While perpetual futures bring numerous advantages, they also come with considerations and risks, such as funding rates and potential market manipulation.
In this blog, we shall cover everything, right from what are perpetual contracts to what is a perpetual swap to what is a funding rate and how are funding rates calculated.

We will also be comparing the pros and cons of perpetual future contracts as well as how they compare to spot trading and a standard futures contract.

Before we get started, don't forget to check out Zelta.io, a trading platform with zero trading fees* and an extensive selection of over 200 cryptocurrencies to trade.

What is a Perpetual Futures Contract?

Perpetual futures contracts in cryptocurrency are a form of derivative product that allows traders to speculate on the future price of a cryptocurrency without the need to own the underlying asset.

Unlike traditional futures contracts that have a set expiry or settlement date, perpetual futures contracts do not expire, hence the term "perpetual".

Perpetual futures contracts work by mimicking the spot trading market while offering leverage, which means traders can multiply their profits (or losses) without needing to commit the full cost upfront.

(Click here to read more about spot trading.)

Perpetual futures contracts offer greater flexibility for traders looking to speculate on price movements of cryptocurrencies.

However, they also involve a higher level of risk due to the leverage involved, and thus, require a good understanding of the market and risk management techniques.

How does a Perpetual Futures Contract work?

Perpetual futures contracts in cryptocurrency work through a system of mechanics and features that allow traders to speculate on the price of an underlying crypto asset. Let's break down the main components of how they work:

Buying and Selling:

In a perpetual futures contract, you can take a "long" position or a "short" position. Unlike the traditional spot market where you buy low and sell high, in futures trading, you can also sell high and buy low.

This feature allows traders to profit from both rising and falling markets.

(Click here to learn about what longing or shorting means)

Leverage:

Perpetual futures contracts in cryptocurrency trading often come with the advantage of leverage. Leverage allows traders to borrow funds to increase their trading position beyond what their current account balance would allow.

It's a way to multiply potential profits, but at the same time, it also multiplies the potential losses, making trades riskier.

Funding Rate:

To keep the price of the perpetual contract close to the spot price of the underlying asset, a mechanism known as the "funding rate" is used. If the price of the perpetual contract is higher than the spot price, those in long positions have to pay those in short positions.

This payment incentivizes closing long positions and opening short ones, driving the perpetual contract price down. The opposite occurs if the perpetual contract price is below the spot price.

Auto-Rollover:

Unlike traditional futures contracts that have a set expiry or delivery date, perpetual futures contracts do not expire. This is because they automatically roll over at the end of each funding period, which is typically every 8 hours.

Margin and Liquidation:

Depending on the platform, traders may need to post a margin. If a trader's account balance falls below the maintenance margin requirement due to adverse price movements, their position may be liquidated by the exchange.

Settlement:

There's no physical settlement of the underlying asset in a perpetual futures contract. Instead, the profits or losses are reflected in the trader's account balance, typically in the form of the quote currency.

Keep in mind, while these contracts can be a powerful tool for speculation and hedging, they can also be risky due to the leverage involved, the possibility of forced liquidation, and the volatility of the crypto market.

Therefore, it's important to understand how they work and the risks involved before engaging in perpetual futures trading.

Here is an example of how Bitcoin Perpetual Futures Contract works:

Imagine you, a crypto trader, explore perpetual futures contracts to speculate on Bitcoin's price. These contracts have no expiry date, offering flexibility. With $1,000 in your account, leverage allows you to control a $10,000 investment.

A 1% price increase could yield a 10% gain. In the same way, a 1% decrease could yield a devastating 10% loss.

Now that we know how Bitcoin Perpetual Future Contracts work, let’s learn about Funding Rate

What is Perpetual Future Funding Rate?

The funding rate in perpetual futures contracts is a mechanism used to maintain the price of the contract in line with the underlying spot price of the cryptocurrency.

It is calculated and exchanged between long and short position holders at regular intervals, usually every 8 hours.

The funding rate is determined based on the difference between the perpetual contract price and the spot price of the cryptocurrency.

If the perpetual contract price is higher than the spot price, indicating more long positions, long traders pay short traders.

Conversely, if the perpetual contract price is lower than the spot price, indicating more short positions, short traders pay long traders.

The funding rate helps incentivize traders to keep the perpetual contract price close to the spot price.

What happens when Funding Rate is positive?

If the funding rate is positive, it encourages traders to open short positions.

What happens when Funding Rate is negative?

If the funding rate is negative, it encourages traders to open long positions.

This mechanism aims to prevent the perpetual contract price from deviating significantly from the actual market price of the cryptocurrency.

How is Funding Rate calculated for Perpetual Future Contracts?

The formula to calculate the funding rate is:

Funding Rate = Clamp((Mark Price - Index Price) / Funding Interval, -0.05%, 0.05%) + Interest Rate

Where,
Mark Price is the estimated fair market value of the perpetual contract,
Index price is the reference spot price of the cryptocurrency,
Funding Interval is the time period between funding rate payments,
Interest rate is an additional fee, usually a small percentage, added to the funding rate.

What are the Advantages and Disadvantages of Perpetual Future Contracts?

Advantages of Perpetual Futures Contracts:

No Expiry Date:

Perpetual contracts have no fixed expiration, providing flexibility in managing positions.

Leverage:

Traders can control larger positions with less capital, amplifying potential profits.

Access to Multiple Assets:

Contracts are available for various cryptocurrencies, allowing for diversification.

Profit in Bull and Bear Markets:

Traders can benefit from both rising and falling markets.

Liquidity and Trading Volume:

Contracts are traded on liquid exchanges with high trading volumes.

Hedging and Risk Management:

Contracts can be used to hedge positions and manage risk.

Market Efficiency and Price Discovery:

The perpetual futures market aids price discovery and reflects real-time sentiment.

Disadvantages of Perpetual Future Contracts:

Here are the risks involved with Perpetual Future Contracts:

Leverage-Related Risk:

Leverage can amplify losses and lead to account liquidation.

Price Volatility:

High volatility increases the risk of significant gains or losses.

Funding Rate Considerations:

Traders need to account for funding costs, impacting profitability.

Complexity:

Perpetual futures trading involves understanding various concepts and strategies.

Market Manipulation:

Cryptocurrency markets can be susceptible to manipulation.

Counterparty Risk:

Trading on centralized exchanges exposes traders to counterparty risks.

Limited Use for Physical Ownership:

Perpetual futures contracts do not provide actual ownership of cryptocurrencies.

Now let’s learn what Perpetual Swaps are.

What are Perpetual Swaps?

Perpetual swaps function similarly to perpetual futures contracts, but with a few key differences. Unlike traditional futures contracts, perpetual swaps do not have a fixed maturity or settlement date.

Instead, they are designed to replicate the price of the underlying asset through a funding mechanism.

In a perpetual swap, traders can take long or short positions, speculating on the price movement of the underlying asset. Long positions benefit from price increases, while short positions profit from price declines.

How do Perpetual Swaps work?

Perpetual swaps are derivative contracts that track the price of an underlying asset, such as a cryptocurrency, without an expiration date. They allow traders to speculate on the price movement of the asset using leverage.

Here's an overview of how perpetual swaps work:

Traders can take long or short positions on the perpetual swap contract.

The perpetual swap contract is designed to closely mirror the price of the underlying asset, usually through a price index or an oracle mechanism.

Leverage is often available, enabling traders to control a larger position with a smaller amount of capital, potentially amplifying profits or losses.

The perpetual swap contract's price is continuously updated and reflects the real-time price movement of the underlying asset.

A funding mechanism is employed to maintain price alignment with the spot price. Funding payments are exchanged between long and short position holders periodically, incentivizing traders to keep the contract price in line with the underlying asset's value.

Traders can enter and exit positions at any time, as perpetual swaps do not have an expiration or settlement date, providing flexibility for trading strategies and risk management.

What is Funding Rate in Perpetual Swaps?

The funding rate in perpetual swaps is a periodic fee or payment exchanged between long and short position holders.

It helps maintain price alignment with the spot price. When the perpetual swap price deviates from the spot price, the funding mechanism incentivizes traders to rebalance their positions. Long position holders pay fees to short position holders if the perpetual swap price is higher than the spot price, and vice versa.

The funding rate is calculated regularly, typically every 8 hours, and impacts the trader's account balance. Traders should consider the funding rate when holding positions for longer durations, as it affects profitability and costs.

Now that we’ve learnt what Perpetual Swaps are, let’s see the differences between perpetual swaps and perpetual futures

Perpetual Swaps vs Futures

Perpetual swaps and perpetual futures are both derivative contracts used in cryptocurrency trading. The main differences are:

Structure:

Perpetual swaps have no expiry or settlement date, while perpetual futures have a settlement process.

Settlement:

Perpetual swaps don't require physical delivery, settling profits/losses in the quote currency. Perpetual futures involve settlement at a predetermined time.

Funding Mechanism:

Both use funding to align prices, but perpetual swaps exchange rates between long and short holders, while perpetual futures settle gains/losses between buyers and sellers.

Availability:

Perpetual swaps are found on margin trading platforms, while perpetual futures are traded on dedicated futures exchanges.

Contract Specifications:

Specifications, such as tick size and fees, can vary between perpetual swaps and futures.


Understanding these differences is essential for traders when deciding which instrument suits their needs and risk appetite.

Now, let’s compare Perpetual Futures with margin and spot trading

Perpetual Futures vs Spot Trading

Perpetual futures trading and spot trading differ in several ways:

Expiry and Settlement:

Perpetual futures contracts have no expiry date, while spot trading involves immediate settlement.

Leverage and Margin:

Perpetual futures contracts allow leverage, amplifying potential gains or losses. Spot trading typically does not involve leverage.

Price Tracking:

Perpetual futures contracts track the underlying asset's price but may deviate due to factors like funding rates. Spot trading involves buying or selling the actual asset at the current market price.

Short Positions:

Perpetual futures contracts enable short positions, allowing traders to profit from price declines. Spot trading only allows long positions.

Funding Rate and Costs:

Perpetual futures contracts involve funding rates and fees, impacting profitability. Spot trading does not have such costs.

Market Access and Liquidity:

Spot trading is widely accessible, while perpetual futures contracts may be limited to specific exchanges, potentially affecting liquidity.

Ownership and Delivery:

Spot trading offers direct ownership and delivery of the asset, while perpetual futures contracts represent derivative contracts without physical ownership.

Traders should consider factors such as flexibility, leverage, immediate settlement and funding costs when deciding between the two approaches.

What is the difference between Margin and Perpetual Futures?

Margin trading and perpetual futures differ in the following ways:

Structure:

Margin trading involves borrowing funds to leverage trading positions, while perpetual futures are derivative contracts without an expiry date.

Expiry and Rollover:

Margin trading positions have no expiry and can be held indefinitely, while perpetual futures do not have an expiration or need for rollover.

Funding and Fees:

Margin trading involves borrowing funds and paying interest, while perpetual futures use a funding rate mechanism for periodic payments between long and short positions.

Price Tracking:

Margin trading directly speculates on the asset's price, while perpetual futures aim to replicate the underlying asset's value through a funding mechanism.

(Click here to learn more about Margin/Leverage Trading.)

Traders should assess their risk tolerance and objectives when choosing between margin trading and perpetual futures.

FAQ on Perpetual Futures:

Is funding rate a good indicator?

No, funding rates alone are not considered a reliable indicator for crypto trading. While they provide insights into market sentiment and price alignment, they should be used alongside other indicators and factors for comprehensive analysis.

Traders should consider a broader range of information and conduct thorough research before making trading decisions.

Do stocks have Perpetual Futures?

No, we haven’t come across any broker that offers perpetual futures for stocks, but they do offer Futures and Options.

What is a good risk percentage in futures?

There is no set rule on what is a good risk percentage, but according to this article by CMEGroup, 2% is a good risk percentage.

Conclusion:

Perpetual future contracts have revolutionized derivatives trading by eliminating fixed expiry dates and providing flexibility to investors. These contracts allow traders to speculate on asset price movements without owning the assets.

Perpetual futures offer advantages such as no expiration date, leverage for potential profits, access to multiple assets, and the ability to profit in bullish and bearish markets.

However, they also come with risks including leverage-related risks, price volatility, funding rate considerations, complexity, market manipulation, and counterparty risks.

Perpetual futures differ from spot trading and standard futures by offering continuous trading, leverage options, and short positions, but they don't provide physical ownership.

Traders must understand the workings of these contracts, associated risks, and funding mechanisms before engaging in perpetual futures trading.

Remember to always DYOR (Do Your Own Research) and focus on farming greens!

If you liked our article, Check out our other article on Stocks vs Cryptocurrency.

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Perhaps one of the things which make GameFi popular is the fact that it allows players to earn simply by playing the game. This is made possible by the P2E (play to earn) and ownership protocol.

In P2E protocol, the players earn tokens (game coins) for playing the game or for performing in game tasks. These tokens can also be earned through lending or selling in game assets (aka ownership protocol).

For selling or lending of assets the players can set their own price and earn as many tokens as they want (provided they get a deal for that price).

The tokens are blockchain based which means they are a form of cryptocurrency holding value in the real world. Thus a player can swap these tokens for fiat currency and earn money in real life.

It is also important to note that the GameFi ecosystem is more metaverse based, hence the domination of virtual assets.

The virtual GameFi assets can include costumes, virtual land, avatars, weapons etc. A few GameFi (Play to Earn) projects are:

• Axie Infinity (AXS): A play to earn game which allows players to collect, breed, raise, battle and trade token-based creatures known as Axies.

• The Sandbox (SAND): A captivating virtual world powered by blockchain technology, where you can freely unleash your creativity, construct amazing structures, acquire and trade digital possessions, all within an exciting gaming experience.

• Decentraland (MANA): It's like a virtual reality world or a metaverse powered by Ethereum where you can make, explore, and even earn from your own creations.

The Advantages in GameFi are certainly something that you would like to read about.

GameFi Protocol Meow Box

While most of the GameFi projects require users to own an asset or buy one, only a handful of GameFi projects are free to play. One such project is the GameFi Protocol Meow Box.

The game Meow Box is the debut game of GameFi Protocol which is F2P2E (Free to Play to Earn). Based on the Binance Smart Chain (BSC) blockchain, the game is an AFK (away from keyboard) simulation based project.

The game embodies both cute and sophisticated game designs. In this game, the players can add to their gains by staking and mining of NFTs.

There are also other activities which keep on popping from time to time and simply by participating in those the players can get additional rewards.

The rewards are received in the form of GameFi Protocol (GFI) tokens which can be exchanged for fiat currency.

In addition to being open-sourced and traceable, one of the reasons why this new genre of technology has erupted is because of how secure it is.

Every transaction or an event that occurs on the Blockchain is highly secure, encrypted and fast. While it looks very simple from the outside, the inside of a block is highly complicated, being just a bunch of data put together, a lot of crazy maths and algorithms run to keep it secure, thanks to Blockchain Cryptography.

Let’s understand it in detail.

Cryptography In General

Cryptography comes from the combination of two words: hidden (crypto) + writing (graphy); and its working can further be broken down into two major processes, Encryption and Decryption.

Whenever the data is sent via the P2P (point to point) network, it is first encrypted.

This means that the information is coded in such a way that no one can understand by looking at it.

After this ‘encrypted’ information reaches the other point (or node) it is decrypted, which means the data is decoded and now the data can be interpreted easily by the receiver.

What is Blockchain Cryptography?

The working of a Blockchain relies on three different technologies. Distributed ledger, Peer-to-peer network, and Cryptographic security.

The first and second technologies are important for conducting transactions on the Blockchain from one peer (person) to another and also validating them. It is the third (Cryptographic security) which ensures security.

In short, Cryptography in Blockchain is the method used to secure important data from a third party or access which is not authorised. Cryptography is a mandatory security protocol of any transaction and in the Blockchain network, it always secures the two nodes between whom the transaction is taking place.

Similar to messages sent on WhatsApp, it even encrypts the information so that no third party can identify the actual information.

It is also important to note that every Blockchain transaction has its own certificate and with the use of Cryptography there can be no transaction which takes place without a certificate.

These certificates (generated digitally) are also important in recognising the legitimacy of any transaction. The transaction on the Blockchain network issues a chain of certificates that are used to authenticate an entity.

The transaction chain begins with the certificate of that entity, and each certificate in the chain is signed by the entity and then identified by the next certificate in the chain. Fundamentally it is a chain of trust.

In Cryptography, users can also issue self-signed certificates. These certificates are public key certificates that a user or an entity issues on their own behalf. Even though there is a low trust value, these certificates are free and also easy to make.

The self-signed certificates bind the entity to the transaction and the transaction cannot proceed unless it is first signed by the users themselves.

Cryptographic Hash Functions

Now that we know what Blockchain Cryptography is, it is important to understand its application and how it functions exactly on the Blockchain. Every block in the Blockchain works on a “hash (#)” mechanism.

This mechanism is a function where the input can be anything: an alphabet, a number or any symbol. No matter whatever the input the output is always a hash (#) value.

Moreover, the hash is always of a fixed length no matter what the length of the input value is. Hashing is an important factor for securing the Blockchain and making it impenetrable.

Cryptographic hashing codes the information or data on Blockchain into an unreadable and unhackable text. Bitcoin for example uses the SHA256 (Secure Hash Algorithm 256-bit) for cryptographic security.

The number 256 in SHA256 implies 256 bits which is the number of zeros and ones which the algorithm can contain in the data. Since our computers are designed to read and interpret data in the binary (as ones and zeros) form.

The SHA256 mechanism is designed to provide that ease to our computers. A few characteristics of this algorithm are:

• Message Length: The size of the message should be within the limits of the algorithm for the generation of random values.

• Digest Length: The length of the hash digest should be 256 bits in SHA 256 algorithm. The higher the length value, the more time is taken for calculations along with increased cost.

• Irreversible: SHA 256 is irreversible by design. This means that once implemented the function cannot be reversed.

Working of SHA 256

Even though there is a lot of math happening inside the algorithm, the working of SHA 256 can be divided into five different segments:

• Padding Bits: It is the addition of extra bits to the message, such that the length is exactly 64 bits short of a multiple of 512.

• Padding Length: The 64 bits of data can now be added to make the final plaintext a multiple of 512.

• Initialising the Buffers: It requires the initialisation of default values for eight buffers to be used ahead. Eg. a = 0x6a09e667.

• Compression Functions: This is the breakdown of the complete message into multiple blocks of 512 bits each.

• Output: The final value received after the implementation of all the above steps. This output is then used as the input for the next block in the Blockchain. This also ensures the fact that the next block is always derived from the previous block.

Applications of SHA 256

Now that it is known in simple context how the algorithm functions. Let’s take a look at where we see SHA 256 being used:

• Digital Signature Verification: Digital signatures are required to verify the authenticity of a document or a transaction. SHA 256 has been ensuring such verifications for quite some time now.

• Password Hashing: Websites store user passwords in a hashed format for two reasons. It helps in ensuring a sense of privacy, and it makes the load on the central database lesser as all the data is of similar size.

• SSL Handshake: The SSL handshake consists of web browsers and web servers agreeing on encryption keys and hashing authentication to prepare a secure connection. This entire process is made possible because of SHA 256

• Integrity Checks: SHA 256 helps in maintaining the full value functionality of files and ensures no tampering takes place by an unauthorised entity.

In conclusion, the new technology of Blockchain Cryptography is a revolution under development. It definitely comes with its own risks and as time passes more and more improvements are being made to make the Blockchain faster and even more secure.

While the changes in the already established Blockchains (eg. Bitcoin) are hard to be made due to their extensive usage and a vast number of blocks.

We will definitely be seeing a massive change in the Blockchain Cryptography for all the new cryptocurrencies to come.

Bitcoin, being the most popular cryptocurrency, started giving blockchain technology the respect it deserved.

With the introduction of Bitcoin to the world, the most popular type of blockchain network was introduced to the market which was the Public Blockchain. Before diving deeper into the types of blockchain networks and their use cases, let us have a look at the broader division of it.

Blockchain technology or network is categorized into 3 broad divisions i.e.:

• Public Blockchain network

• Permissioned or Private Blockchain network

• Federated or Consortium Blockchain network

What is a Public Blockchain Network?

A Public blockchain network or popularly known as the permissionless blockchain network is a network that runs purely on algorithms and is not governed by any organization or a single person.

You can use this network freely, and it's open to everyone worldwide. It is the public blockchain network where almost all the cryptocurrencies work and are thus available for public use.

Some examples of Public Blockchain networks are Bitcoin, Ethereum, etc. where one can access everything related to these cryptos sitting anywhere in the world.

What is a Permissioned or Private Blockchain Network?

This blockchain network is confined to organizations. While using a private blockchain network allows the companies to set controls on who can access the network.

Only the ones who are given access are permitted to use the network otherwise no one outside the organization can access any data in a private blockchain network. A very popular example of a private blockchain network is Oracle.

What is a Federated or Consortium Blockchain network?

Lastly, in this type of blockchain network, the mining process is closely controlled by a selected number of stakeholders who are selected prior to the network launch. No alterations are accepted in the number of stakeholders after the network is launched. Hyperledger is one such type of network where only pre-selected members are allowed to access the data of the network thus, making this network semi-private.

This was a piece of brief information about what are the types of blockchain networks and how they are being used by different people, organizations, etc.

Moving forward, let us discuss what are the use cases of these blockchain networks in different work areas.

Although there are numerous use cases of the blockchain network, a few of them are mentioned below:

1. Capital Markets

Blockchain technology is meant to make work easy for everyone and that is what it helps the capital market with. In the capital markets, blockchain technology helps everyone, from an issuer to an investor and to all the regulators by providing real-time updates in very quick succession. The best part is that Blockchain technology provides more leverage in flexibility and customization than ever before.

In the capital market, if you are an investor you would love to reduce the risk which in turn would give you a greater return. Blockchain technology helps exactly that way by ensuring liquidity which is one of the most important aspects that an investor thinks about before stepping into the capital market.

Blockchain technology has various use cases when it comes to the Media and Entertainment Industry for everyone, be it a digital agency, media startup, or even individual content creators.

With blockchain technology coming into the picture, every individual creator can get rid of the contract based licensing as selling their art on the blockchain would allow them to serve peer-to-peer purposes and would neglect the intermediaries for individual artists.

If you are a company that is looking to step into influencer marketing, blockchain technology will help you ensure a better method of payment to all the artists you hire. In the current scenario, companies have to pay the full amount to the artist even if the commercial does not provide a good Return on Investment but, with blockchain technology, a very unique pay-per-use concept can be taken into consideration helping both, the artists and the companies.

3. Sports and E-Sports

NFTs have been the talk of the town in recent times which also marks the arrival of blockchain technology in ESports where gamers can personalize their avatars, win custom NFTs, or some amount of crypto as well. Gen-Z as everyone likes to call it has been very much into online gaming these days and launching these games with some digital assets can be a very good way to incentivize the game and also help the gamers know about the capital markets. These digital assets can be traded within the game or in the real market as well.

Blockchain technology has been continuously leveraging the Esports scene and reports state that the players are loving it as well.

4. Healthcare and Medical Science

A patient’s data and reports are something that cannot be shared in public and should be kept in private among some selected people of the organization. Blockchain technology would help this cause by decentralizing databases and thus allowing only selected people to access that information at the time of use.

Not only the blockchain technology would help in maintaining privacy but it would also help in maintaining the transparency of the drugs, medical supplies, etc. supplied in various parts of the world. Having a decentralized system of the supply chain would allow one to easily check the number of resources supplied at any point in time.

Conclusion:

These were some of the use cases of blockchain technology that are popular in the market and have a huge potential to leverage themselves as well. Blockchain is definitely the future and one should take some time to understand the concept of various things that work over blockchain technology, for example, NFTs, Cryptocurrencies, DAOs, etc. Blockchain is amazing because it champions Cryptography, decentralization, transparency, and automation, making it hugely popular nowadays.

These tokens are stored and issued on the Bitcoin blockchain itself.

BRC20 Token standards are not similar to the token standards we have seen in the past that run with EVM Chains.

BRC Tokens can only store script files in Bitcoin and which are used to assign tokens to Sats (Satoshi) which enables these files to move from one user to the other.

What is Ordinals Protocol?

The Ordinals Protocol is what brought BRC20 Tokens into existence. The Bitcoin Taproot upgrade in November 2021 brought about this layer 1 protocol to the crypto world.

The protocol enabled Sats to carry additional data over the blockchain, with a data size of approximately 3.9MB per Satoshi.

The method used to add data to Sats is called ‘inscription’. People can use Ordinal Inscriptions of JSON data to deploy token contracts, mint tokens, write messages, digital art, images & videos to Bitcoin.

However, smart contracts are a feature that is yet to come to this layer 1 protocol.

What is the BRC 20 Blockchain?

The BRC20 token’s blockchain is basically the Bitcoin blockchain. BRC tokens are issued on the Bitcoin blockchain that’s secured by a proof of work mechanism, unlike the ERC20 Tokens that are issued on the Ethereum blockchain and secured by proof of stake mechanism.

(Click here to learn more about Blockchains)

Who created BRC 20 tokens?

BRC-20 Token was launched in March 2023 by a developer named ‘Domo’ who decided to stay anonymous.

Here is the Twitter handle of this revolutionary Dev @domodata for those who would like to drop in an early follow.

What are Bitcoin NFTs?

Bitcoin NFTs are simply ‘ordinal inscriptions’. These Ordinals are similar to NFTs as they are digital assets that are inscribed on the lowest denomination of a BTC (bitcoin) called Sats (satoshi). Named after the creator of Bitcoin, Satoshi Nakamoto.

Difference between Bitcoin NFTs (Ordinals) vs NFTs

Even though both share a similar name these are not even close to being similar.

Bitcoin NFTs only exist on-chain and are immutable, which means they can not be altered in any way.

As for NFTs, they are not always immutable and can exist off-chain as well.

Another difference between the two is concerning their metadata.

Ordinals store metadata with the witness signature field of the Sat transaction, unlike NFTs which store the metadata separately.

This being said the two main similarities shared by Ordinals and NFTs are that they both are associated with digital art and they are both Non-fungible.

Is 1000X BRC 20 token a possibility?

Only time will tell if this new stir in the Bitcoin world will go to the moon or not.

Even though most of the OG Bitcoin believers are not in favour of any changes being made to the vision and concept of how Satoshi Nakamoto envisioned Bitcoin to be, the newer generation believes that Bitcoin needs to evolve and this could be just the right spin needed to wheel in Bitcoin evolution.

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With a transaction speed up to 6,500 transactions per second (tps), Avalanche network aims to be scalable while also being fast.Let’s learn how to add the Avalanche (AVAX) network to the Metamask wallet.

(Before you continue, check out Zelta.io, where you can trade up to 200+ cryptocurrencies including AVAX at 0% trading fees*)

In order to add Avalanche network to metamask follow these steps:

1. Setup a Metamask wallet.

2. In case of a new metamask wallet the default network is set to Ethereum Mainnet. To start, click on the network tab at the top right corner, and then choose the 'Add Network' option.

3. To add network to metamask fill in the following details under the ‘Add Network’ window.

Network Name: Avalanche Network C-Chain
New URL: https://api.avax.network/ext/bc/C/rpc\ Chain ID: 43114
Currency Symbol: AVAX
Block Explorer URL: https://snowtrace.io/

Click on save when done

Avalanche is also available in the list of popular networks from where you can add it directly to your metamask by selecting the ‘Avalanche Network C-Chain’ option.

After completing all the steps the network will be added making your metamask on Avalanche network look like this:

That’s it! You can now start trading with the Avalanche (AVAX) metamask network.

By default, the avalanche crypto (AVAX) should be available by default in the Avalanche Network.

Additionally, AVAX can also be traded on different networks namely BNB Smart Chain, Moonbeam and Klatyn. Here’s how to add the Avax token in each network.

How to Add AVAX token to BNB Smart Chain?

After adding the BNB Smart Chain (BSC) network follow these steps to add the Avax crypto token to metamask wallet:Head to the BNB Smart Chain network on Metamask (Click here to know how to add BNB Smart Chain network on Metamask)

1. Click on Import Tokens

2. Enter the following details in the custom token window that pops up:

Token contract address: 0x1ce0c2827e2ef14d5c4f29a091d735a204794041
Token symbol: AVAX
Token decimal: 18

After filling in the details. Click on “Add custom token”

3. Click on  “Import Tokens” and you’d have then successfully added AVAX to the metamask wallet.

How to Add AVAX Token to Moonbeam Network?

After adding the Moonbeam Network follow these steps to add the Avax crypto token to metamask wallet:

1. Head to the Moonbeam Network on Metamask

2. Click on Import Tokens

3. Enter the following details in the custom token window that pops up:

Token contract address: 0x4792c1ecb969b036eb51330c63bd27899a13d84e
Token symbol: AVAX
Token decimal: 18

After filling in the details. Click on “Add custom token”

4. Click on  “Import Tokens” and you’d have then successfully added AVAX to the metamask wallet.

That’s it! AVAX token has been added to Moonbeam Network

How to Add AVAX Token to Klatyn Network?

After adding the Klatyn Network follow these steps to add the Avax crypto token to metamask wallet:

Head to the Klatyn Network on Metamask (Click here to know how to add Klatyn Network on Metamask)

1. Click on Import Tokens

2. Enter the following details in the custom token window that pops up:

   Token contract address: 0xcd8fe44a29db9159db36f96570d7a4d91986f528
   Token symbol: AVAX
   Token decimal: 18

   After filling in the details. Click on “Add custom token”

3. Click on  “Import Tokens” and you’d have then successfully added AVAX to the metamask wallet.

That’s it! You have finally added AVAX token to Klatyn Network

(Click here if you want to add Optimism Network To Metamask Wallet)

(P.S. You can trade Avalanche ($AVAX) with 0% fees* on Zelta.io.)

In the world of cryptocurrency, an "innovation zone" is a testing space where innovative cryptocurrency initiatives can run in a controlled setting. It serves as a testing ground for novel innovations free from the constraints of legal regulations.

The innovation zone offers a secure environment for testing novel initiatives and concepts that might completely transform the cryptocurrency sector. The innovation zone promotes development and innovation in the crypto industry by giving new projects a legal sandbox.

The Innovation Zone fosters creativity and innovative thinking by offering a venue for it, assisting companies in remaining competitive in the ever-evolving bitcoin market.

It enables business owners to test out novel ideas, investigate cutting-edge technology, and expand the realm of the conceivable.

(Click here to learn why Bitcoin is a Good Investment)

Startups and small enterprises can access innovative concepts and technology through the Innovation Zone, enabling them to develop and provide distinctive services and products that set them beyond the competition.

This area promotes the investigation of novel concepts and offers a venue for individuals looking to push the boundaries of what is practical in the bitcoin industry.

An innovation zone is a place where fresh concepts can be tried, improved upon, and introduced in order to pave the way for a better future in the cryptocurrency industry given the ongoing evolution of technology and the constantly shifting needs of the market.

So let's discuss about the Innovation Zones in different exchanges.

(Before we continue, don't forget to check out Zelta.io, a platform with zero trading fees* and an extensive selection of over 200 cryptocurrencies to trade.)

What is the Innovation Zone in Zelta?

The Zelta Innovation Zone is a specifically designated trading area for cutting-edge tokens created using emerging blockchain technologies. It is a platform made available by the top cryptocurrency exchange, Binance, that enables users to purchase and invest in pre-screened, high-potential digital assets.

These assets have been assessed based on many criteria, such as the quality of the project, team experience, and market potential.

The Innovation Zone is intended to support and hasten the adoption of new blockchain projects and give consumers a secure way to access fresh investment possibilities in the cryptocurrency market.

Users can trade cutting-edge cryptocurrencies with significant growth potential in the Innovation Zone, a special trading area on Zelta.

The Innovation Zone's objective is to give consumers a platform for discovering and funding innovative ventures while verifying that those projects adhere to regulatory requirements and specified criteria.

Only projects that satisfy Zelta's stringent listing conditions, including compliance with applicable laws, are permitted to be transacted in the Innovation Zone.

What is Binance Innovation Zone?

Binance, a cryptocurrency exchange, also offers an innovation zone for those who want to trade promising freshly listed cryptocurrencies. The Binance innovation zone offers a platform for traders to look into new investment opportunities as well as for new projects to be exposed to the market.

It is made to encourage the development and innovation of the cryptocurrency market. It gives users the chance to find cryptocurrencies that have a good chance of returning on investment, invest in them, and exchange them in a risk-free setting.

By offering a place for fresh initiatives to find attention and finance, the platform hopes to promote innovation and diversification in the cryptocurrency market.

What is Innovation Zone in Bybit?

A brand-new facility on the Bybit crypto exchange is called the Innovation Zone. It is intended primarily to offer a venue for the exchange of fresh and cutting-edge digital assets.

The platform runs independently from the primary Bybit exchange and focuses on giving customers early access to brand-new and unproven assets. It is designed for seasoned traders who are prepared to accept the higher risk involved in trading novel and frequently turbulent assets.

Now, let's go through some pros and cons of an Innovation Zone

Advantages of Innovation Zone:

Some of the advantages of the Innovation zone are listed below:

High Volatility:

Trading cryptocurrencies in the Innovation Zone offers greater volatility, enabling traders to maximise their profits.

Limited Listing:

It provides a select few digital assets so that traders can concentrate more on making sales rather than becoming overloaded with too many possibilities.

Less Rivalry:

Because not all traders have access to the Innovation Zone, there is less rivalry and a smaller number of bots that can influence the market.

Large Potential Returns:

Since the Innovation Zone is a brand-new service, there is a potential for traders to realise a significant return on investment.

Disadvantages of Innovation Zone:

Some of the disadvantages of the Innovation Zone are given below:

High Risk:

For traders without a firm grasp of cryptocurrency trading and its market movements, Innovation Zone can be incredibly dangerous.

Less Liquidity:

Because there are fewer trading choices available in the Innovation Zone, there may occasionally be less liquidity, which makes it more difficult for investors to execute trades.

Access is Restricted:

Innovation Zone is only open to verified individuals, which excludes many traders, particularly those who are newcomers to cryptocurrency trading.

Limited Knowledge:

Because the Innovation Zone is a new service, there isn't enough information to support traders in making wise choices.

Conclusion:

To conclude; For both seasoned traders and newcomers to the market, innovation zones on cryptocurrency trading platforms like Binance, Bitget, and Bybit have expanded the range of trading alternatives.

These areas offer less restrictive and risky access to fresh, creative, and high-potential crypto enterprises. The risks and drawbacks of investing in innovation zones, such as extreme volatility, liquidity challenges, and regulatory concerns, should be understood by traders.

Overall, trading can discover and profit from new crypto trends and technologies in an exciting and dynamic environment provided by innovation zones.

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Staking basically is the practice of storing and locking a predetermined quantity of bitcoin in a wallet to maintain a blockchain network's operations and in return, to be credited for doing so.

Earning interest on a savings account is identical to the method. Staking rewards are usually granted in the same cryptocurrency and represent a portion of the amount staked. This is a method employed in the proof-of-stake consensus mechanism to protect the network and act as a method of network validation.

This must have given you a better idea about what staking is, so moving ahead the next stop in this journey would be Locked Staking.

As an investor you readily think of investments and better returns on your invested assets, locked staking is some of this kind where a user can engage in the validation and administration of a blockchain network by locking up a particular amount of a specific cryptocurrency through a process known as "Locked Staking."

The user receives incentives for staking their tokens in the form of additional tokens or a portion of transaction costs. Isn’t it a great deal to lock some tokens as well as get additional tokens in return for taking them?

Yes, right as this is one of the greatest advantages provided by Locked Stacking.

To simplify, in other words, you can also understand that it is typically employed in proof-of-stake (PoS) blockchain systems, where the amount of tokens a user holds and stakes determines the number of tokens that are used to validate transactions and create new blocks, as opposed to the amount of computational power they contribute, as is the case with proof-of-work (PoW) systems like Bitcoin.

This must have eased & simplified the whole understanding of locked staking, now moving ahead we will discuss another type of staking called flexible staking.

What is Flexible Staking Meaning?

Flexible Staking enables the users to stake their tokens and earn rewards while also allowing them to withdraw or move their staked tokens at any point, without paying any fees. Traditional staking, on the other hand, usually entails users locking up their tokens for a predetermined amount of time, during which they cannot be moved or used.

Users of flexible staking have greater control over their assets and change their staking strategy as necessary.

This greater attainment of control over your asset using flexible staking is one of the main driving forces. You can readily see various forms of flexible staking and all of them are user-friendly.

"Continuous Staking" is also one such form of flexible staking which enables a user to stake their tokens and receive benefits continually, without a lock-up period. Users can also opt to un-stake their tokens at any moment, but doing so will result in a penalty that is often a percentage of the stake.

It's crucial to remember that different projects approach flexible staking and penalties individually, thus it is always recommended to study the project paperwork and know the details before participating. Participating in the governance and validation of a blockchain network can be accomplished either through flexible staking or locked staking.

After knowing what these stakings are and what they tend to do basically, you would really want to know how different these two types of staking are -

On one hand, in a locked staking system users are required to lock up a certain amount of tokens for a specific period of time in order to earn rewards. They are not able to move or withdraw their tokens during this time, and failure to do so may result in penalties.

This type of staking is typically used in proof-of-stake (PoS) blockchain systems where the validation of transactions and the creation of new blocks is determined by the number of tokens a user holds and stakes.

On the other hand, flexible staking allows users to stake their tokens and earn rewards but also allows them to withdraw or move their staked tokens at any time without penalty. This type of staking is particularly useful for users who want to have more control over their assets and make adjustments to their staking strategy as needed.

Flexible staking can be seen as a trade-off between security and flexibility. Locked staking provides more security to the network, but it's less flexible for the users. Flexible staking is more user-friendly but might be less secure for the network.

It's also worth noting that different projects may have different implementations of flexible and locked staking, and different rewards, penalties, and conditions, so it's always best to read the project's documentation and understand the details before participating.

Now, as we end flexible & locked staking, we would readily move onto a different type & set of topics i.e. Hard staking Vs Soft staking as they always go hand in hand whenever we are discussing Staking.

What is Soft Staking?

Soft staking, as well as hard staking, are two different mechanisms for participating in a blockchain network's validation and governance.

Users may stake their tokens and receive rewards in a soft staking system, but they are also free to use or move their tokens without paying any fees. This kind of staking is frequently employed in networks where a user's token holdings and stakes affect the number of tokens that are used to validate transactions and create new blocks. Soft staking is less restrictive than other staking methods, giving users more control over their resources and the ability to change their staking strategy as required.

What is Hard Staking?

Hard staking, on the other hand, is a form of staking inside which users must lock up a particular quantity of tokens for a specific amount of time in order to get rewards. During this time, they are not permitted to move or withdraw their tokens, and if they do, they risk penalties. Hard staking is more restrictive and is generally used in networks where the amount of tokens a user holds and stakes determines the validity of transactions and the generation of new blocks.

It's important to note that different projects may have different implementations of soft and hard staking, and different rewards, penalties, and conditions, so it's always best to read the project's documentation and understand the details before participating.

Conclusion:

In addition to earning rewards, Stakers also play an important role in maintaining the security and stability of the network. By staking their coins, they are essentially committing to acting in the best interest of the network and helping to prevent malicious actors from compromising it. This is why many blockchain projects incentivize users to stake their coins by offering them a share of the network's transaction fees or other rewards. Another benefit of staking is that it can help to increase the value of a cryptocurrency. As more users stake their coins, demand for the currency increases, which can drive up its price. Additionally, staking can also provide a way for users to earn passive income, as they can earn rewards for simply holding and staking their coins.

(To Learn More About Staking, Click here)

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