Shrimpy is a next-generation trading system that has investors excited. This automated account management platform enables users to copy professional Binance traders in real-time. The platform utilizes a clean UI experience to simplify the entire investment process and gives new investors valuable insight into the market.

Cross Exchange Monitoring

In the Shrimpy environment, there are group leaders and followers. Leaders are the traders that followers copy their trades. On most social trading platforms, the leader of a group needs to post their trades in the group to notify people of their maneuvers. Shrimpy provides automation options for these processes.

Amazingly, Shrimpy also allows the leader to share trades from across any of their supported exchanges. One of these exchanges is Binance, the world’s top exchange in terms of volume. Binance provides investors with a huge ecosystem of tokens and coins.

Benefits of Copying Expert Binance Traders

There are endless reasons why you would want to duplicate expert traders on Binance. For one, Binance has a huge selection of coins and tokens. It takes a significant investment in time to gain an in-depth understanding of all the projects on the platform at this time.

Finding a Binance Group Leader

Shrimpy simplifies the leadership selection process via its Social Leaderboard. Here you can see a list of all the leaders available to follow and their relevant stats. You can see how each leader manages their portfolio and what platforms they prefer. Find a Binance trader who exhibits the skills and profits you desire and click on the “Follow Leader” button on the top right of their profile to start copying the leader’s trades.

The leader’s profile page is where you can add them to your chat and speak with them directly. Notably, there are also leader chat rooms available to speak with professionals. The main thing to notice is if your favorite Binance trader has chosen to have Shrimpy automate their trading or if they are using a manual strategy.

If the trader uses a manual strategy, Shrimpy will notify you of every trade and you will need to manually duplicate their trades as well. Reversely, if they utilize Shrimpy automation, you will also enjoy full automation.

Once you find the Binance trader who fits your strict investment criteria, you can select Start to begin the automation system. Importantly, all automation is based on the allocations of your trade leader. Whenever they execute a trade, your portfolio will duplicate it. If you wish to stop automation, you will need to select Stop manually.

How Shrimpy Works

To accomplish this task, Shrimpy's protocol monitors the leader’s trading activity across all exchanges. The system scans in 1-minute intervals. Each scan checks the leader’s balances for any changes that occurred. This includes trades that occur outside the Shrimpy ecosystem. These changes are immediately sent to each follower. Notably, you will need to also manually copy the new allocations if your leader is set to manual.

Responsive

Shrimpy is so successful because of its unmatched responsiveness. The minute by minute coverage ensures that you don't miss out on any ROI. In today’s volatile market, this is the only strategy that provides you with up-to-date data. The system also supports features such as portfolio rebalancing to keep your ROI on point.

Shrimpy Eliminates Binance Trade Groups

Until recently, all copy trading platforms were nothing more than social groups. A trader would post their trades for the group to see and those that wanted to, and paid attention, could copy. Eventually, these groups became paid groups with leaders promising higher rewards.

Despite their popularity, these groups were plagued with limitations. For one, paid group followers had no way to monitor trades that were not posted in the group. This means that a leader could trade in a different style than they would normally and expose followers to more risk. The other issue was that these groups required constant monitoring. If you missed a trading post, you probably missed your profits.

Along Came Shrimpy

Shrimpy eliminates the need for trade groups. The platform was among the first to introduce a true portfolio automation system that offered trade copying services. Impressively, Shrimpy offers support for 16 cryptocurrency exchanges with hundreds of different cryptocurrencies.

Shrimpy gained popularity due to multiple factors including its simple and intuitive interface that displays all the most relevant trading data you need at a glance. You can easily create and manage indexes using Shrimpy as well. Also, the platform allows you to add digital assets to your portfolio via a cold storage feature.

Leaders get More Power

Shrimpy pays leaders for each follower they gain. It also allows leaders to utilize the most advanced trading tools available. Recognizing the growing use of third-party trading bots, Shrimpy allows leaders to utilize these services as well. Users gain access to the true trading practices of their group leader when using Shrimpy.

Shrimpy Makes Binance More Profitable

Using Shrimpy’s system, new traders can see higher ROIs without increasing their risk exposure. Best of all, once you gain enough experience to trade on your own, you can repay the favor and become a leader. You can even choose to donate your trading data to the market to help those who are just starting.

Keenly, Shrimpy pays leaders $4 per follower they gain. Every ten followers is $40 deposited directly into your Shrimpy wallet. You can gain an extra passive income just by letting new traders copy your trades on Shrimpy.

Shrimpy is the New Standard

It’s hard to see why any new trader wouldn’t choose to start their career on Shrimpy. Shrimpy makes investing on Binance easier than ever and helps you to maximize your returns. It’s easy to envision a day very soon where Shrimpy is the norm for Binance traders. For now, interested users can start profiting using Shrimpy today.

Source: Crypto Adventure

One of the emerging trends in the blockchain and cryptocurrency world is the tokenization of assets and compliant security token offerings. Asset tokenization provides digital tokens for tangible and intangible assets, making it easier for token holders to trade these assets on blockchain platforms. Usually, the tokens are offered as security tokens, granting the token holders ownership and legal rights over the underlying asset. Tokenization, combined with the power of blockchain technology, provides a variety of benefits. The most significant one is that it allows better access to assets that would otherwise be illiquid.

Although security tokens aka. tokenized securities are not a new concept, blockchain technology is changing the industry. Therefore, it is no surprise that many fintech-based companies are looking to venture into the industry and launching security token offerings. Issuing a security token is faster, cheaper and much more efficient than crowdfunding or an initial public offering (IPO). When compared to the fiat financial system, STO platforms will play the role Goldman Sachs did for fundraising or IPOs. Tokenization platforms could potentially be the future of digital finance, pushing forward worthy projects in the market.

Initial Public Offerings in the Token Economy

Besides providing digital access to assets, security tokens will play a significant role in investment and funding for startups and other fast growing companies. Initial Coin Offerings (ICOs) were introduced as a way of raising capital from potential users. In ICOs, investors are issued with utility tokens that give them access to the products and services offered by the platform in question.

ICOs grew popular, and many blockchain projects were able to kick-off, owing to the massive success of their Initial Coin Offerings. These capital raising ventures provided an opportunity for investors and buyers to interact. However, ICOs posed a significant barrier in that they were not regulated. The lack of legal regulations provided an opportunity for scammers, and many crypto investors lost their money to ICO scams.

Security Token Offerings (STOs) were introduced to provide investor protection enabled by compliant blockchain technology. In STOs, the token created would meet the general definition of a security. What this means is that unlike utility tokens, security tokens are backed by an actual asset, which gives them an inherent value. Real-world assets such as real estate property, company shares, bonds or commodities such as gold and oil, are fractionally divided and tokenized. Investors can then hold fractional pieces of the underlying asset through the security tokens. The legal aspect of STOs has attracted many crypto investors, who now look at security tokens as a valuable asset class in their portfolios.

The Liechtenstein legal framework is not limited to security token offerings, but enables any token to be offered in a compliant way. These compliant token offerings include utility tokens, payment tokens, e-Money tokens (like stablecoins) or security tokens.

A Compliant and Regulated Security Token Expert

LCX, the Liechtenstein Cryptoassets Exchange, is a fast-growing industry leader in the blockchain and crypto world. This global fintech company is looking to create a financial ecosystem that bridges the gap between crypto and fiat. Through the LCX ecosystem, market participants from either market get to benefit from the explosive growth of cryptocurrencies and tokenized assets.

One of the significant products in their ecosystem is the LCX STO Launchpad, which is an end-to-end tokenization platform combining technology solutions with critical compliance and legal aspects. The LCX security token platform achieves this through its sophisticated technology and the external partners who speed up the tokenization process and help to reduce costs.

The STO Launchpad will utilize the LCX Protocol, a decentralized compliance protocol that will standardize the issuance and trade of security tokens on blockchains. The protocol, also known as the Liechtenstein Protocol, is fully compliant with the Blockchain Act, Liechtenstein’s set of laws that provides clarity for the blockchain industry. The Blockchain Act came into force in early 2020 and defines the regulated services, entities that need licenses, and the licensing conditions in place. Further, the act recognizes tokens as containers that provide certain rights to the token holders and provides protection and guarantees for these rights in Liechtenstein.

The LCX Protocol requires that blockchains issue a dedicated permissioned token that must be approved by the LCX Regulator Service. Blockchain projects that would like to hold STOs can configure the Regulator Service to meet KYC Policies, AML requirements, tax laws, and other relevant securities regulations. As such, the protocol addresses the need for compliance, ensuring that the security tokens can be used for secondary transfers across various platforms.

Hollywood Producers Chose LCX For Their Security Token Offering

RVW Limited, the producers of the Hollywood feature film Roe V. Wade, have hired LCX as the exclusive TT Service Provider in accordance with the TVTG (Blockchain Laws Liechtenstein) to develop and program the smart contract for the RVW Token. LCX has developed an extended token standard based on Ethereum which also supports whitelisting of user wallets.

LCX acts as the exclusive trusted technology service provider in accordance with the Liechtenstein Blockchain laws. LCX maintains a Whitelist Database to validate decentralized transfers of the RVW Token. The Whitelist Database is a database stored on the data section of the RVW Token smart contract. LCX maintains the RVW Registry on behalf of RVW Limited, which is composed of the name and user number for KYC data associated with each digital wallet; and the digital wallet addresses and the balance of RVW Tokens in each wallet address.

Your Ultimate Trusted Technology Service Provider

Undoubtedly, legal regulations play a significant role in token issuance. Now, any token issuers – whether utility or security tokens – must ensure that they comply with all the necessary regulations in place. LCX is a compliant trusted technology service provider for any token offering. LCX’s blockchain technology solutions allow companies to compliantly issue, transfer, and manage any form of token, from security tokens, utility tokens or payment tokens. using blockchain technology.

Source: Crypto Adventure

The Bitcoin community has always been privacy-focused. You only need to glimpse into the early days of Bitcoin to see that supposed privacy was one of the main draws for this currency. Notably, the world’s first cryptocurrency found an audience amongst the Cypherpunk community and eventually the dark web due to the common belief that it provided anonymity to the user.

The Truth About Bitcoin Anonymity

Fast forward eleven years later and most investors know that Bitcoin is anything but anonymous. There is an entire industry flourishing based on unmasking Bitcoin wallet owners and their actions. These forensic firms such as Chainalysis provide their services on a paid-basis, meaning that anyone can use their powerful tracing tools to discover our identity.

Privacy is Liberty

Not surprisingly, there is still a strong push by privacy-focused groups advocating for more protections in the market today. These developers continually create new and exciting ways to obfuscate the true origins of your Bitcoin to keep your identity safe. While none of these systems is 100% full proof, there are some firms that have managed to introduce strategies that make it nearly impossible for forensic protocols to unravel the details of a transaction.

Why You Should Always Mix Your Bitcoin

One of the biggest misconceptions new investors make is to assume that because they are not doing anything “shady” they have no need to mix their Bitcoin. However, a closer examination reveals that Bitcoin mixers protect regular users much more frequently than those seeking to cover up their illegal dealings. Here are the top reasons why you need to use a Bitcoin Mixer in 2021.

Hackers

Bitcoin hackers are more prevalent than ever. These fraudsters continually probe new platforms to find attack vectors and other ways to steal your hard-earned crypto. Recently, hackers have begun to focus their efforts on large investors more frequently. In the past, major exchanges were the primary target of these scammers because they held massive amounts of crypto for the taking in shared wallets.

Sadly, hackers have found that their chances of escape are much higher when they focus their efforts on large investors rather than exchanges. This shift in tactics was brought on largely by the introduction of centralized exchange regulations. There is way more investigation following the hack of a regulated exchange versus a personal account.

Hacking individuals is much easier as well. In most instances, the hackers are methodical in their approach. They can take months or years phishing for little bits of information to help customize their assault. Worst of all, these hacks can easily see the frequency and the value of your Bitcoin deposits using forensic platforms.

Thieves

While hackers are by far the biggest threat to Bitcoin holders today, there are also other risks that Bitcoin mixers prevent. Sadly one of these risks is theft. In these incidents, hackers monitor a Bitcoin wallet. Using the readily available forensic block explorers, the assailants can determine who the owner of the Bitcoin wallet in question is. Once they have the owner’s identity, they begin a deadly game of cat and mouse.

In the incidents that have transpired to date, thieves have stalked their victims. Once they cornered them, they would resort to barbaric methods to get the person to send their Bitcoin to the hacker’s address. In one instance, a man was tortured for days with a power drill until he finally was left with no other choice but to send his crypto to the hackers or die. Worst of all, these attacks are getting both more common and more heinous in their nature.

Governments

Another very real concern for Bitcoin owners is government confiscation. Bitcoin’s growth directly detracts from the current centralized power structure. There could be a day in the future where governments outlaw this currency in an attempt to regain any lost control.

Impressively, it would be impossible to shut down Bitcoin’s blockchain completely. However, it wouldn’t be hard for governments to lean on exchanges and other platforms to give up the identity of all Bitcoin holders. This process is already started in terms of centralized exchanges requiring full KYC/AML compliance.

How Bitcoin Mixers Work

Bitcoin mixers introduce various anonymity protocols to obfuscate the origins and particulars of a transaction. There are a couple of different ways they can accomplish this task but the overall goal is the same, give you new Bitcoin that is from transactions not associated with you in any way.

Most Common Method

The most common strategy employed by Bitcoin mixers is transaction pools. Large transaction pools provide the perfect opportunity to blend, mix, and match crypto with new users. Your coins get mixed with other Bitcoin delivered to the pool from various wallets, times, and reserves.

The best mixing protocols such as Bitcoinmix, Wasabi Wallet, and Samurai Whirlpool, mix your transactions through numerous wallets to further complicate tracing efforts. These wallets can be a combination of new and old addresses to further shadow the transaction’s true origins.

Time Delay

Most mixers will ask you to select a time delay. This delay is the time you want to receive your mixed coins. In general, the longer the delay, the more thorough your mixing. Additionally, there are options in the market that allow you to select your mixing strategy. Some platforms divide the transaction into equal parts and some allow users to provide transaction mixing amounts directly.

Fee Strategy

Another feature that the best Bitcoin mixers share is a varying fee structure. In the constant battle to stay one step ahead of blockchain analysis firms, Bitcoin mixers now utilize varying fees. This makes it nearly impossible for these organizations to pinpoint when a mixing protocol was used by an individual.

Bitcoin Privacy is the Only Way

Since its earliest days, Bitcoin developers and users have sought out new ways to keep their identities safe. Eleven years later, and this desire is still a driving force within the market. As Bitcoin continues on its path to greatness, there is little doubt that there will always be a reason to utilize Bitcoin mixers in the future.

Defi yield protocol is an Ethereum based platform introduced with features aimed at streamlining liquidity provision in mining ethereum. Why is DYP necessary in the crypto world? Most crypto enthusiasts still recall the manipulations in SushiSwap, which led to a flash crash of the token value even after an earlier surge. Most people blame one of the founders for the manipulation issues.

Based on the SushiSwap illustration, it's clear that the crypto world is under severe threats of market manipulations caused by the big players in the markets. DYP, therefore, comes to solve those issues while still providing better services than any other Defi platforms.

This smart contract-based platform will help solve the issues of market manipulation by removing the whale advantage.

Additionally, DYP will introduce features that will allow its users to profit from mining and staking.

DYP Earn Vault

DYP is soon introducing an earn-vault, a feature to help the platform's users maximize their incomes. An earn-vault is a defi yield farming contract designed to allow users to deposit tokens and automatically receive earnings.

This contract is fully autonomous, and it moves liquidity provider funds to high yielding pools to help them get the best yields. Therefore, even persons with little knowledge of the crypto world functioning will make the best profits using this feature.

The payments to liquidity providers will also depend on the profits earned from the DYP mining activities. For instance, DYP will distribute 75% of its earned value as a liquidity provider's share.

The distribution will help ensure that the platform's liquidity providers continuously provide liquidity, thus leaving the platform's tokens highly liquid.

The remaining 25% of earned profits will help the DYP platform buy back their governance tokens to increase its liquidity.

DYP Governance

Traditional financial institutions (fiat-based) take advantage of people, charging them high fees to hold their wealth or complete transactions. The decentralized finance formation principle was to completely decentralized financial services, allowing everyone to control their finances. However, although they have decentralized their service provision, they still have some centralizing factors, especially when it comes to governance.

DYP is completely revolutionizing the way of Defi governance. The DYP tokens issued will each represent a share in voting for the platform's governance. But, what will the shareholders vote for in the DYP platform?

The platform's major decisions include adding liquidity mining pools, buying tokens, introducing new partnerships, and allocating DYP to grants, among others. DYP will completely involve the community in its development, and thus every user will have a share in propelling the platform to greater heights.

DYP Referral Programs

The platform will also provide an excellent rewarding system for all persons who will raise awareness about DYP and its services. Every person who refers their friends to DYP will receive gifts based on the friends they invite. DYP automatically sends 5% of the friend's rewards to the person who introduced them to the platform. The amount is 100% free from gas fees.

Anti-Manipulation Features

The possibilities of market manipulation in Defi scare investors away from investing in those platforms. DYP will not take any chances in market manipulations. Foremost, it will institute an automatic system that will automatically convert all DYP earnings into ETH at exactly 00:00 UTC every day. That system will ensure that no one will intentionally or unintentionally manipulate the market, causing losses to small investors.

Additionally, the platform does not limit liquidity provision to whales only; all members can actively provide liquidity. Their participation will help ensure the token's value is not highly volatile.

Regular Smart Contract Audit

Because of the technology and coding used in making the smart contracts in the Defi world, they are prone to have bugs that can cause losses in millions. To protect its customers, DYP will use the most trusted smart contracts, Ethereum based smart contracts. However, it will ensure regular audits of the platform's smart contracts for bug identification and eradication.

DYP is also set to partner with another company dubbed Blockchain Consilium, which audits blockchains. DYP developers use uncommon programming languages like CSS3, HTML5, Ethereum Solidity Protocol, and Bootstrap to ensure the platform's full protection.

Parting Shot

The DYP platform is going to be the first Defi platform to act free from any price manipulations. It allows small stakeholders to provide liquidity. DYP also provides an autonomous platform that converts DYP into ETH every 00:00 UTC to avoid token manipulation. Moreover, the platform is feature-rich to ensure proper service provision and security for all users.

The DYP platform governance is entirely decentralized, giving users the authority to vote on decision making, thus bringing true meaning to decentralized finance. It offers referral benefits for everyone participating in increasing the awareness about the platform. Lastly, the platform offers top security by regularly auditing smart contracts to ensure they function bug-free. DYP is truly an ethereum-based platform full of user-friendly features.

A world gambling statistic shows that around 26% of the global population gambles, around 1.6 billion people. Another statistic shows that 30% of people globally believe that gambling is a fair game.

The two statistics prove the significance of gambling as a global economy branch, making millions of dollars every year. Although it brings excellent earnings, many people have tried gambling and lost their first attempts. Others have lost over time, become gambling addicts and lost fortunes while trying to make money. Many lose because of the following common mistakes that many people make while gambling.

Common Mistakes in Gambling

The most common mistake that most new gamblers make is making the wrong voice about the casino platform. Many have fallen prey to crypto scamming sites, and some end up losing fortunes in those scams. Moreover, some other platforms have not proven reliable over time, and anyone using them faces excellent risks of losing their wealth.

Another severe problem clouding most crypto bots is insecurity and privacy infringements. Therefore, any new user should do serious research about the platform viability to avoid any losses.

Wrong game choice is another common mistake made by persons new to the gambling world. Some people choose roulette as a game with high variations and end up losing in the process. Games with low house edges bring big money, and vice versa is also true.

Some players make poor choices of choosing high edged games like slots and make losses. Therefore, all users should remember that these games are not entirely strategic but probabilistic when selecting games.

Users also need education on when to stop gambling. Some inexperienced gamblers play recklessly and end up losing thousands every day. On the other hand, a big chunk of the gambling community gambles on borrowed money, which is never a good idea. Some of the best gamblers always say that the best time to stop gambling is winning. However, many parties tend to continue playing for a long time to increase their winnings but, in return, lose.

There are issues of misunderstanding gambling rules. Many ignore while others do not entirely understand the gambling rules and end up making mistakes while gambling. Other new players ignore free internet tutorials on gambling. Although many things make players lose millions everyday in gambling, the Roobet platform has some of the best solutions for everyone.

Why Roobet is the Solution

Roobet a new cryptocurrency based betting and gambling platform, is simplifying everything, thus assisting users to avoid common mistakes. Foremost, the platform has a wide range of game choices hitting up to 1,000 games, including slot games, table games, dice games etc. The best thing about these games is easy accessibility allowing every player to easily choose from them.

These games' usability is top, with a user interface usable by beginners, the registration process is easy with just a click of a button and an email address.

The platform also offers topmost security; thus, it is the most secure gambling network. Every user has the guarantee that their wealth is safe all the time. This platform uses a hard to break 256 bit SSL technology. All information about user transactions and other details have an end to end encryption even when gambling live.

Roobet uses blockchain technology to ensure the security of its users. It has been proven to be a suitable platform; therefore, users should feel free to use it. In case of any problems, there is a 24/7 customer service option. Users can chat with support staff to address their queries, since they are a legit company that invests in support.

The rewarding system of the Roobet system is also something that makes it the best crypto gambling network. This platform does not offer single time entry rewards, instead, it offers regular users a daily rakeback as a token of appreciation, by using a referral link or by wagering $2,500. It also has a user ranking system where different people reach the VIP ranking, thus receiving VIP rewards.

Users also, by using this platform, will sharpen their skill over time. As they continue gambling, they get more cunning skills than their opponents and become regular gainers. Any new or experienced user in this platform will learn and avoid common mistakes like choosing the wrong games or strategies.

Final Word

People make a ton of mistakes when it comes to gambling, with the top mistake being choosing the wrong platform and the wrong game. These mistakes are always caused by a lack of knowledge about the platforms’ functioning. This new platform, Roobet aims to change everything by ensuring that users get a good education on using the platforms.

This venue aids new users get new skills through live gaming, where users learn new strategies to win games. It also introduces a wide array of rewards and gifts for persons using the platform, including VIP gifts for VIP players. Using this platform guarantees every crypto player a great reward.

Another benefit of Roobet is its freedom from fraudulent gambling activities. The blockchain base ensures transparency between transactions avoiding loss of funds through fraud. Insecurity is also not an issue, especially with its top 256 bit SSL technology that encrypts user data.

Investors now have the chance to marvel as DeFi Yield Protocol (DYP) comes into play allowing pool staking and ethereum mining procedures. How do you understand the deals DYP has to offer?

So far, the growth of DeFi protocols and yield farming is not a strange thing. Considering the diversity of protocols worldwide, everyone is spoiled for choice. However, there is a difference between different yield farming protocols, and DeFi Yield Protocol aims to register the right mark.

Mainstream projects continue to increase in the crypto world as the focus now shifts to Decentralized Finance. DeFi pulse reveals that the cumulative number of assets locked is closer to $14 billion. As DYP enables users to earn a substantial amount of income through liquidity contributions, it doesn’t stop there.

Crowdsale and Token Distributions

DYP must engage the audience first and build the entire platform from scratch through crowdsale funding. During the pre-sale phase, DYP managed to sell 570,000 tokens. The ETH-based project plans to supply a maximum 30 million tokens into the market. Users just need to make ETH deposits on the crowdsale address and secure bonuses ranging from 2.5% to 15% in four consecutive sale rounds.

Each round will start immediately when one completes the preceding sale; however, the fourth round will only begin if the first three rounds finish their sale phase before the DYP stake is launched. The minimum ETH deposits for buying DYP tokens is 0.5 ETH, while the maximum purchase amount is 100ETH.

A Community against Crypto Manipulation

Crypto whales are not a new phenomenon in the crypto space. Through the hand of such particular entities, the crypto world faces a full-lodged loss due to their actions. Though many investors pride their investments as impregnable, market manipulation results affect a massive number of all the crypto investors globally. A good example is the SushiSwap or DOGE pump and dump situation, leading to the loss of thousands of dollars for many enthusiasts.

Therefore, DYP adds an anti-manipulation feature that converts the pool rewards to ETH daily. In such a case, the protocol ensures that all people get a fair chance to earn rewards for all their participation in DYP liquidity pools. In addition, the smart contract also regulates the token price. If the price fluctuation is beyond 2.5%, the protocol ensures the swapping of as many DYP tokens as to eliminate price fluctuation.

A Look into The Lucrative DYP Network

The unique protocol ensures the essentiality of maintaining the right word as far as DeFi. Likewise, it sustains an efficient pathway for all yield farmers for positive rewards. Besides their most lucrative ROI, the protocol hopes to maintain a reliable platform for lending, borrowing, saving, and more.

As a platform encouraging the extensive spread of reward, DYP offers sufficient power for any ETH miner. The enticing 35GH/s Hashrate is a good deal for any miner.

Instead of a complicated UI as many protocols go for, the DYP network strives for a user-friendly interface that any level of traders can comfortably utilize. Otherwise, being the problem solver, DYP hassles to forge partnerships that will sustain the network.

Moreover, with the smart contract integration with Metamask and TrustWallet, every user can rest easily assured of their capital’s safety. In time, DYP will be a magnificent contribution to the worldwide adoption of crypto and its many benefits.

The DYP Crowdsale is available here.

Disclaimer: This is a paid press release! Crypto Adventure does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions related to the company. Crypto Adventure is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

The difference between how secure and vulnerable your crypto investment is could be one bug away. Notwithstanding the significant investments that trading platforms undertake to fortify themselves, bugs could still prove to be their Achilles heel. As a deterrent, many seek the hacker community’s expertise to identify potential threats to their systems. They exploit this expertise through their bug bounty programs. Bithumb Global (BG) has one such plan, and this article provides its in-depth examination.

What is Bithumb Global?

Bithumb Global is a South Korean cryptocurrency exchange that is part of the Bithumb family. It positions itself as the gateway to global crypto transactions. It is rich in features making it the ideal platform to trade in. Its salient features include:

Diverse Market

Bithumb offers transactions in a wide variety of cryptos. Additionally, it has the following boards making up its market, diversifying the offerings its users can enjoy:

The Main Market – It comprises mature and well-tested coins. Consequently, it is a low-risk market.

GEM – Is a board consisting of newly launched coins requiring more testing. As such, there is an element of risk attendant to their trading.

DeFi – Its a decentralized finance board. Again since most of the coins require testing, this board is risky too.

ETF – This is the smart token board. The yield rate, similar to the traditional ETFs in finance, is pegged to an asset.

Pow Coin – This board consists of audited projects with no pre-pow mechanisms.

Ability to Purchase Crypto In local Currency

Bithumb global accepts various payment methods. These include Visa, Mastercard, M-Pesa, PayPal, Google Pay Skrill, and many others.

Block deal

The users of Bithumb Global have the added advantage of enjoying joint liquidity resulting from the collaboration of Bithumb, Bithumb Singapore, and Bithumb global and their global partners.

Spot Trading

Bithumb Global incorporates a 24 hour 365 days bid and ask offer market. Settlements on the spot market are instantaneous.

Margin Trading

The users of Bithumb Global can use funds borrowed from the exchange to fund their trades/investments.

Bithumb Global Learning

BG provides a platform for educating its users about its products. It adopts a Q&A format to increase user knowledge while rewarding them with tokens.

BG Mining

BG mining is a stage for users to mine different coins. BG undertakes to source high-quality mining projects for its users.

BG Staking

BG allows its users to hold cryptos for rewards.

BG Staging

Users will get rewards for participating in projects debuting on its blockchain.

Bithumb Global Bug Bounty Program

Bithumb Global has a three-stage bug bounty program. Let us examine its workings.

The reporting stage

During this stage, the reporter records threat intelligence to SlowMist Zone under “Submit bug Bounty.”

Processing Stage

The SlowMist Security team will confirm the threat intelligence report within one day of receiving it. Additionally, it will make a follow-up by evaluating the report end informing Bithumb Global about it. After that, the Bithumb Global technical team will deal with the problem within three working days. They will also communicate with the reporter when necessary to seek their assistance.

Repairing Stage

Bithumb Global business department will repair the problems identified and provide an update. The time frame for resolution varies with the severity and difficulty of fixing it. The expected time frame is 24 hours for critical and high-risk problems, three working days for medium risk problems, and up to 7 days for low-risk. Further, the repair time frame depends on individual cases.

From there, the reporter reviews if the problem has been solved. They, too, provide an update.

After confirming the resolution of issues raised, Bithumb Global will inform the SlowMist Security team of the same and provide the vulnerability score. Together these teams will issue the reward.

4 Types of Vulnerabilities that Bithumb Addresses

The following are the four types of vulnerabilities that big thumb global addresses:

Critical Vulnerabilities

These are exposures that occur in the core business system. They cause severe impact, gain access to the business system control, the staff core system management, and even control the ecosystem. They include:

multiple access in the internal network

Gain core backend super administrator access

leak enterprise core data and cause severe impact

Smart contract overflow and conditional competition vulnerability

High-risk Vulnerabilities

Vulnerabilities in this category include changing system access

- system SQL injection

- gain unauthorized access to sensitive information

- Arbitrary document reading

- XXE vulnerability

- unauthorized operations involving money

- logical design and process defects

- other vulnerabilities affecting users on a large scale

- leakage of source code

- permission to control defect in the smart contract

Medium-risk Vulnerabilities

Medium risk vulnerabilities are those that affect users by the interaction part.

- general unauthorized operations such as bypassing restrictions to modify user operations

- denial-of-service vulnerabilities

- exposures arising from the successful explosion of sensitive operations

- leakage of locally-stored sensitive authentication key information

Low-risk Vulnerabilities

These are low impact vulnerabilities. They include local denial-of-service vulnerabilities, problems arising from Android component permission exposure, general application access, etc.

Vulnerabilities not covered

The bounty program temporarily excludes the following vulnerabilities unless they cause serious business impact.

- Third-party application vulnerabilities

zero-day vulnerabilities

- Low version browsers/platforms/plug-ins affecting a user

theoretical issues

- DNS related issues , server configuration problems account blasting missing HTTP security headers

OPTIONS/TRACE/HTTP method enabled

The Reward Program

In conjunction with SlowMist Zone, BG will offer vulnerability level rewards as follows:

Rules Governing the Program

Participants in the Bithumb bug bounty program must adhere to the following regulations.

- Refrain from the use of automatic scanners and other actions creating a large number of traffic requests

- Avoid possible impacts or restrictions

- All testers must use their accounts

- A tester shouldn't abuse the Dos/Ddos vulnerabilities, social engineering attacks, spam, and phishing attacks.

- Bithumb will only pay for the highest level vulnerabilities for combined exploitable ones.

- Agree to non-disclosure of discovered vulnerabilities unless Bithumb Global permits that

Bithumb Global’s Support for DeFi

BG supports the DeFi sector. It augments Binance Smart Chain and its projects, thereby helping bring the DeFi experience to many the world over. Also, it accommodates debuting projects and enhances the DeFi experience through its derivatives trading and stacking mechanism. Its airdrops, multi-channel and multi-regional features make it suited for the sector. Finally, it will partner with other global projects to develop the Defi Ecosystem.

Final Thoughts

Bugs do make a difference in how robust a platform is. It follows that a platform riddled with bugs is susceptible to attacks. The reverse is true too. For these reasons, many crypto projects invest a great deal in discovering and eliminating bugs within their systems.

Bug bounty programs are their go-to vehicles. The crypto market abounds with them, and Bithumb Global is offering itself as the platform of choice. Its rich features and integration of the DeFi function raises its structure above the competition. Its users can look forward to fulfilling experiences wherever they’re in the globe.

This year has been an exciting one for crypto traders. Every week new projects enter the market promising larger rewards with less risk than their predecessors. Today, there are more coins, tokens, and exchanges than ever. All of this selection can make finding the best projects seem like a daunting task to new users.

There are some things you can do to help ensure you avoid scam exchanges and low-quality platforms that put you at risk. First, you need to always DYOR (do your own research) before you invest in an exchange.

Reputable projects usually have a strong social media presence and their developers and staff are available to answer your investment questions.

The Different Exchanges to Use in 2021

It’s also vital that you understand the difference between decentralized exchanges and centralized exchanges. Centralized exchanges such as Binance or Coinbase allow you to convert your fiat to-and-from cryptocurrency. These exchanges are regulated to provide this service. You will need to validate your identity before using a centralized exchange.

Reversely, decentralized exchanges (DEXs) don’t provide fiat exchange services. This strategy allows them to function with less regulatory oversight. There are also hybrid exchanges such as Catex that borrow different aspects from both types to provide investors with more flexibility.

The best investors understand how to use each type of exchange to further their investment strategy. They also understand what platforms deserve their attention. Here are 5 exchanges worth checking out in 2021.

OpenSea

OpenSea entered the market in November of 2017. Unlike regular exchanges, the platform functions as a peer-to-peer marketplace for rare digital items and crypto collectibles. Users can buy, sell, discover, and trade limited-edition goods using this unique exchange.

Crypto collectibles include an ever-growing number of digital assets. There are game collectibles, art, and even articles for virtual worlds. Users can set up their own marketplace to sell their goods. Collectibles such as CryptoKitties sell for thousands of dollars due to their blockchain verifiability.

Merchants gain access to powerful tracking tools when using OpenSea. These tools help them improve their close ratios and reach more interested collectors. Impressively, OpenSea is positioned perfectly when you consider that crypto-collectibles continue to gain in popularity with each new release.

Catex

Catex is a new exchange that blurs the lines between centralized and decentralized exchanges. The platform provides the security and features you expect from popular exchanges, along with some new functionalities that are sure to get investors excited.

Catex originated as a transaction mining based exchange but since has updated its services to meet the growing demand for high ROI/low-risk market opportunities. This desire has led the platform to introduce a DeFi twist. Users can stake the platform’s native token, CATT, and earn a passive income.

Additionally, the platform plans introduce another stakable token known as YCATT in the coming weeks. In total, Catex intends to distribute $600,000 worth of DeFi tokens to Catex Token (CATT) holders during the project’s launch. Best of all Investors can pre-stake YCATT starting on November 30th.

Curve

Curve is another specialty exchange that is pioneering a new approach to trading cryptocurrencies. This exchange liquidity pool was built on Ethereum and is designed for stablecoins exclusively. Developers introduce deep on-chain liquidity through the introduction of bonding curves.

Curve gained a reputation as a reliable DEX in a short period of time. The platform offers investors access to advanced tools and an intuitive interface that makes trading a snap. These tools include a liquidity amplification function. This feature allows a small pool to punch above its weight by offering 100 – 1000 times more liquidity depth.

Additionally, Curve provides investors some of the lowest slippage rates and trading fees for stablecoins and wrapped tokens in the market today. Slippage is a term that refers to the difference between the expected price of a trade and the price at which the trade executes. Tight slippage is preferred by investors.

1inch.exchange

The 1inch.exchange is what’s known as a DEX aggregator. DEX aggregators source liquidity from other liquidity providers or decentralized exchanges (DEXs). Specifically, 1inch.exchange sources liquidity from 0x Protocol, Uniswap, Bancor, Balancer, Kyber, Airswap, and more.

This interoperability magnifies user’s profits in an automated way. This automation allows users to process large transactions without worrying about finding the best conversion rate. The platform features an interactive portal that simplifies all your vital trading functions.

Additionally, 1inch.exchange is non-custodial. Non-custodial exchanges never hold your digital assets directly. Consequently, decentralized exchanges are less likely to get hacked because they don’t have wallets that hold user’s crypto. Instead, they facilitate peer-to-peer trades and make a small fee off each transaction.

dYdX

Dydx provides investors with new features not found anywhere else in the market at this time. You can go long or short on Ether with up to 5x leverage. This is done in a permissionless fashion. Importantly, leveraged trading strategies give you access to more profits but also introduce more risk into the equation.

The developers behind dydx added various DeFi functionalities to improve user’s ROIs. For example, dYdx tokens collect interest. These tokens even earn interest when being used in an active trading position. Impressively, dydx also supports cross-margin lending and borrowing as part of its advanced functionality. These features allow you to earn a passive income lending out your crypto to other users.

Currently, dydx supports various popular tokens including Dai, USDC, and ETH. These features combined with the fact that it’s one only a few full-featured decentralized exchanges available make dydx a top choice for traders seeking a more in-depth experience.

Top 5 Different Exchanges Worth Checking Out in 2021

Each of these exchanges fills a much-needed niche in the market. Their unique strategies make these platforms worth another glimpse. You may find that these specialty exchanges better suit your needs than the overcrowded platforms most people use today. One thing is for sure, these exchanges offer new and exciting features that make them stand out amongst the competition.

DEFHOLD introduces a non-inflationary staking and farming system that rewards users for HODLing their tokens. 

Most crypto investors exit the market during price drops, opting to convert their assets for fiat or stablecoins. This strategy enables investors to buy back into the crypto market at a lower rate.

However, it is often difficult for traders to determine the market bottom, as the task requires a high level of understanding of the market.

The DEFHOLD ecosystem is built to offer yield generating investment tactics to long-term crypto holders in both a market pump and dump.

DEFHOLD Presale Details

DEFHOLD will roll out its highly anticipated token presale on November 18, 2020 at 9:00 AM PST. The token sale will distribute DEFO, the primary utility token for the project, to early-bird investors.

The event will be held by Liquidity Dividends Protocol (LID), the platform where DEFHOLD chose to host its Presale. LID offers investors protection against rug pulls by automatically allocating liquidity into Uniswap pools, which is a much-needed guarantee in the DeFi space.

The token presale will reward investors with a discounted listing price where they can grab 1.56 DEFO for 1 ETH and benefit of presale bonus up to 25%. DEFHOLD will distribute a total of 3,576 DEFO out of a total supply of 12,000 DEFO.

To maintain liquidity levels as high as possible, LID and DEFHOLD have decided to allocate 75% of the raised ETH together with 19.50% of the DEFO tokens into the Uniswap liquidity pools.

The funds will be locked permanently using LID smart contracts, ensuring that participants get an early chance to earn returns on their crypto assets. This process will also alleviate investor fears over any exit scam concerns.

DEFHOLD also plans to distribute tokens to presale investors via airdrops through VIP staking pools setup by Ferrum Network. To be eligible for the airdrops and VIP pools, users will need to buy their DEFO during the presale and not sell them. Since a lot of presale investors are going to stake their DEFO for at least 30 days, the chances of seeing a listing dump with this project are significantly reduced.

Following the launch of the main DEFO pools, users will initially have the option to stake DEFO tokens or farm DEFO/ETH and DEFO/USDT LP tokens.

Moreover, DEFO token holders will soon participate in the fully decentralized DEFHOLD platform’s governance.

They can vote to launch new pools with new tokens, different lock-up periods, and have their say on other proposals related to future developments within the ecosystem.

Implementing Autonomous Yields Generating Strategies

DEFHOLD encourages holders to join and stay within the ecosystem by facilitating them to stake or farm their assets into pools with various pre-defined lock-up periods.

Holders have the option to withdraw their assets from the liquidity pools before the term of the lock-up period by applying an early withdrawal fee (EWF). Some holders will likely choose this option due to liquidity requirements or market moves fears.

The EWF will serve as the first revenue stream for pool members who have accurately managed their portfolio and own liquidity requirements.

Investors who prudently manage their portfolio allocation will be able to stay within the selected pool until the end of the lock-up period and avoid paying any EWF. Such investors are rewarded with a share of the EWF from the individuals who withdraw their funds prematurely.

An additional revenue stream for investors will be created by applying a 2% transfer fee on every DEFO token transfer. This fee will also be redistributed to stakers and farmers.

These two mechanisms on the DEFHOLD network generate continuous yields to stakers and farmers in a non-inflationary manner while promoting a robust community of long-term token holders.

Click here to participate in the DEFHOLD Token Sale!

Disclaimer: This is a paid press release! Crypto Adventure does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions related to the company. Crypto Adventure is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Decentralized Finance (DeFi) has witnessed incredible growth in recent years, with over 1 000 DeFi platforms in existence today. And as the DeFi space continues to expand, a new approach to DeFi projects has emerged involving ERC-721 Non-Fungible Tokens (NFTs).

DeFi platforms have traditionally used ERC-20 tokens, but current advances in the DeFi space have seen the introduction of ERC-721 tokens. These are non-fungible tokens, which means that each token is unique, i.e., a unique token id is given to each token at minting.

Currently, ERC-721 tokens are mostly used as collectibles and haven’t found extensive use cases in the DeFi space. However, this is set to change with the introduction of NFY Finance – a DeFi platform seeking to utilize the full potential of Non-Fungible Tokens (NFTs) in the DeFi sector. This article will shed light on Non-Fungible Yearn (NFY) and how it will transform the DeFi sector by creating extensive use cases for ERC-721 tokens in the DeFi space.

Non-Fungible Yearn Finance Overview

Although ERC-20 tokens have been popularly preferred for staking on DeFi platforms, crypto experts have noticed that they congest the Ethereum network. This congestion is what has led the network to be slow and heightening transaction fees. So, how does that happen? The constant staking and un-staking funds in farming protocols interact with smart contracts increasing gas costs, making the network expensive for every user. Well, ERC-721 tokens is a solution to ERC-20 tokens’ shortcomings to prevent Ethereum network congestion.

Non-Fungible Yearn is a DeFi platform that leverages ERC-721 token, i.e., NFY tokens, to enable users to earn rewards via staking. Unlike other DeFi yield generating staking platforms, NFY Finance takes a different approach to DeFi staking by minting non-fungible tokens (NFTs). On the NFY Finance platform, users holding NFT tokens earn accrued interest or redeem the underlying tokens.

NFY Finance is essentially encouraging DeFi users to desist from un-staking their tokens once they’re done with a staking platform. Unstaking causes network congestion and consequently increases gas fees. Instead of unstaking, token stakers can seamlessly transfer the rights of the stake itself to a deserving party.

Rather than unstaking, NFY Finance supports the simple and cheap transfer of NFT tokens on its own trading platform. Using NFT tokens, NFY Finance eliminates network congestion and does away with expensive redeem transactions involving un-staking of tokens.

NFY Finance Key Features

Staking

NFY enables users to stake their various crypto holdings in multiple staking pools and earn NFY tokens in return. Unlike traditional DeFi staking platforms, which allow a user to earn staking yields based on the staked amount in their wallet, NFY employs a different approach. The platform’s staking process is the same as any other staking platform, but users’ wallet address is not linked to a stake.

Instead, NFY offers users’ ownership over the staked funds and the yield the stake bears. Once a user stakes on the NFY Finance platform, an NFT token is minted and stored in a specific user’s stake. This is achieved via referencing the user’s stake using a unique token ID and then sending the stake to his/her wallet address.

Currently, staking on the platform is done in two major pools, i.e., $NFYs and $NFY/ETH LP. The platform requires users, i.e., first-time stakeholders, to approve the staking smart contract before staking in each pool. This is done using the stake NFY and NFY/ETH LP buttons. After successful staking approval, users are then required to click on the aforementioned buttons for a second time to enable them to stake their tokens.

The $NFY staking pool is allocated 0.10% of the balance of the reward pool daily. This is based on the assumption that there are 6 500 blocks minted in a day. The $NFY/ETH LP staking pool is allocated 0.30% of the reward pool daily, split proportionally between stakers. This staking pool doesn’t offer an unstaking option once users have staked on the platform. The total reward pool is 60 000 $NFY.

Un-staking

While Finance discourages un-staking, users can still unstake their deposit from the platform, destroy the NFY, and return the stake funds. However, to discourage un-staking, NFY charges a 5% un-staking fee, sent to the user’s wallet address. The 5% charge then gets redistributed back into the reward pool, creating a self-sustaining system that encourages users to trade NFT.

Liquidity Locking

NFY Finance locks a user’s NFY/ETH liquidity token in the platform forever. However, the platforms only lock the LP tokens and not their value. This is achieved by minting NFTs and integrating the value into the locked ERC-721 token.

NFY Trading Platform

The NFY trading platform allows users to trade their stakes. The trading platform doesn’t require users to sell their entire $NFY or $NFY/ETH LP stakes. Instead, users can trade any amount of their staked position.

While NFTs themselves are not intended to be sold, their makeup can be traded on the NFY Trading Platform. The platform charges 1% of the value of all trades as a transaction fee. The fee is split as follows: 0.90% reward pool, 0.05% community fund, and 0.05% dev fund

Final Thoughts – NFY Finance Full Review

Constant staking and un-staking on the Ethereum blockchain lead to higher transaction fees and slow confirmation times due to excessive congestion in the network. Non-Fungible Yearn seeks to eliminate the culture of unstaking with the introduction of ERC-721 tokens, i.e., NFT.

On the NFY platform, there is no need to un-stake your tokens if you don’t want to stake anymore. You’ll sell the NFT tokens or its portion at market price and keep the rest. Since all details are stored in the specific token, the value of the NFT is automatically updated, and a new one is minted for a new buyer. If a buyer already holds NFT tokens, the one purchased will be added to their portfolio.

Though still at initial stages, NFTS and ERC-721 tokens have endless potentials in the DeFi sector. This token is set to solve the shortcomings of ERC-20 tokens and make DeFi platforms sustainable and efficient. Watch out for an ERC-721 boom soon. Note that the NFY staking platform is already out, and the NFY trading platform is set to be launched by the end of November.

Useful Links

Website | Twitter | Telegram | Audit Report

Disclosure: This is a sponsored post. Readers are encouraged to conduct further research before taking any action. Crypto Adventure does not endorse any crypto projects cryptocurrencies listed, mentioned, or linked to on our site.

Source: Crypto Adventure