The crypto market is a diverse ecosystem filled with different projects all attempting to solve various problems. While it’s hard to argue against the belief that Bitcoin holds the crown as the originator, there are a ton of new projects worthy of praise. These new projects surpass Bitcoin’s technical capabilities and provide investors with some truly unique functionalities in the market. Here are the top 10 most important cryptocurrencies other than Bitcoin: $ETH, $BNB, $ATOM, $XRP, $EOS, $LINK, $LCX, $USDT, $Libra, $TRX.

Ethereum

Ethereum was one of the earliest altcoins to enter the market. Since its inception, Ethereum has been a driving force for innovation in the market. This second-generation blockchain introduced the world to smart contracts. Today, it would be hard to imagine the market without this titan.

Notably, Ethereum has a scheduled update planned for the end of the year. This update will replace the blockchains Proof-of-work consensus mechanism with a new Proof-of-Stake protocol. The update will reduce Ethereum's carbon footprint significantly. Additionally, It will allow users to start staking their ETH to earn a passive income.

BNB – Binance Coin

Binance, the world's largest exchange by volume, changed the market forever when it introduced the BNB token. BNB provided users with more flexibility, functionality, and lower fees. Wisely, Binance incorporated a variety of BNB trading pairs to bolster BNB's value. The move was successful.

Today, it’s commonplace for exchanges to host a native utility token. Even with the competition, BNB remains the most successful exchange token in the market. Additionally, Binance continues to expand its operations. Each new functionality adds more to BNB's utility. In turn, the token continues to gain value.

ATOM – Cosmos

Cosmos is another project that is worthy of recognition. The platform takes a unique approach to the sector. For one, Cosmos isn't designed to compete against other cryptocurrencies. Instead, it functions as an interconnecting protocol. The developers behind ATOM describe Cosmos as an “ecosystem of connected blockchains.”

This strategy helps promote further innovation based on user’s requirements rather than competition. Cosmos introduces a new consensus mechanism called “Tendermint BFT.” The system is a byzantine fault-tolerant consensus engine that eliminates many of the concerns found in PoW blockchains such as Bitcoin.

XRP – Ripple

Ripple is one of the top ten cryptocurrencies in the world. This platform entered the market intending to service the banking sector. At that time, this strategy was unique. Ripple managed to secure huge strategic partnerships in a very short time. Specifically, Ripple has agreements in place with Santander, Money Gram, and VISA, to name a few.

Ripple continues to see adoption by institutional firms due to its fast transaction speeds and its proven track record. XRP eliminates middlemen for cross-border transactions and provides a more cost-effective and secure alternative to the status quo. The firm’s focus on cost-cutting means that there will always be a firm interested in its services.

EOS

EOS is a third-generation cryptocurrency that entered the market via one of the biggest ICOs of all time. The firm secured $4 billion during the record-breaking event. EOS's goal is to provide a more efficient and developer-friendly alternative to the current smart contract programmable blockchains like Ethereum.

EOS incorporates various technologies to accomplish this task. The platform is very ICO friendly. Additionally, Dapp developers enjoy more flexibility using the platform. These features have led more developers to call EOS home. There are currently over 100 Dapps active on this new era blockchain today.

Chainlink

Chainlink is a project that has the potential to boost the entire market. Chainlink seeks to correct the biggest flaw found in oracles. Oracles are off-chain sensors that can communicate data to and from a blockchain. For example, an oracle could monitor your car payments. When you pay your vehicle off, the contract automatically sends you your title without the need for human intervention.

The possibilities are endless with oracles. However, they are centralized systems, until now. Chainlink introduces the world’s first oracle blockchain. The system monitors the network of oracles to ensure all data entry is correct. Through Chainlink, blockchain technology gains a huge advantage.

LCX

LCX is another token that raises the bar in terms of usability and efficiency. LCX allows users to trade on all major crypto exchanges within a single interface. This fourth-generation interface provides users access to powerful features. These features include Smart Order Routing, a portfolio management system, advanced analytics, and detailed reporting. Besides that, LCX keeps rolling out new products and services continuously such as a unique DeFi protocol and a security token and tokenization platform for STO’s. The Liechtenstein based company heavily invested in crypto compliance and regulation, preparing the launch of their own LCX Exchange. Rumored to be launched before the end of this year.

As the main utility token within the LCX ecosystem, this token is very flexible. You can use it to pay for all your fees including your LCX Terminal subscription or fees for security token offerings. Best of all, the token is ERC-20 compliant. The ERC-20 token ecosystem is by far the most robust and developed in the world. Consequently, LCX holders enjoy a high level of interoperability within this network.

Tether – USDT

No top ten list would be complete without USDT. USDT was the first successful stablecoin to see major adoption. Traders depend on this stable coin to avoid market volatility. You can watch the market cap of Tether rise during these times as investors seek shelter.

Tether is available on nearly every reputable exchange. Additionally, it’s consistently in the top cryptocurrencies globally in terms of market capitalization. Tether gained popularity because of its speed and low fees. It’s free to send Tether from one network wallet to another.

Libra

Libra makes this list because no other cryptocurrency was met with so much fear. The announcement of Libra sent shivers down regulators' spines. Despite fears, the large social networks of the world must embrace cryptocurrencies. These established networks would give the technology the boost it needs to become mainstream.

Facebook seems determined to launch its Libra token. The platform has the financial backing to pull it off. In the coming year, it’s very possible that this project defies the odds and becomes one of the top coins in existence from day one of its launch. For now, the project remains one of the most relevant in the market, regardless of if it ever takes flight.

TRX – TRON

TRON has long been a favorite of investors. TRON has a forward-looking vision to power the Web3 revolution. This year saw TRON make major strides in its quest. The firm’s TRC-20 token standard is also seeing more adoption by developers. TRC-20 token provides developers with more scalability and efficiency when compared to ERC-20 tokens.

TRON remains a dominant force in the market mainly due to its network and community support. The platform's founder, Justin Sun, is a vocal member of the crypto community. The coming year will see TRON's network grow to new heights. Sun’s leadership and TRON's investor appeal keeps this token on most top ten lists.

When it comes to investing in DeFi, you need to do your homework. There are so many new platforms and business models that it can be confusing to the average user. Each of these platforms lay claim to the title as the highest yields or best ROIs. However, few live up to that name. Here’s what it takes to be the best.

If you want to be the top DeFi platform you will need to provide investors with some critical features and protections. At the core of any reputable platform is high security. Users need to know that your code is secure and not susceptible to hacks. One needs to look no further than YAM Finance to see why.

As many DeFi projects are hastily released at this time, there is a higher potential for faulty coding to emerge. These issues are compounded by the fact that many DeFi platforms are not open source. This is exactly what happened with YAM. This scenario is too common in the sector. The best way to avoid these losses is to only invest in the most reputable projects.

Enter DEFHOLD

DEFHOLD Is one such DeFi platform that combines experienced and reputable developers with proven technologies and a unique business model. For example, DEFHOLD is the world's first true non-inflationary staking and farming platform. Investors in the platform enjoy unprecedented opportunities such as the capability to leverage investments in multiple protocols.

DEFHOLD takes cryptocurrency investing to the next level through its incentivization protocols. These systems promote long term investment in the platform through various methods that allow users to earn more for their commitment. Additionally, DEFHOLD users also gain access to a full suite of popular DeFi services.

DEFHOLD Presale

A quick glimpse at the DEFHOLD Presale details and it’s obvious this platform is different than the competition. For one, the presale is to be hosted on the Liquidity Dividends Protocol (LID) platform. This strategy provides investors with added protections. LID stated that it will lock up DEFHOLD team, marketing and airdrop tokens for 10 months using smart contracts. Additionally, the platform will lock 75% of ETH raised into Uniswap liquidity pool together with 19.50% of the DEFO tokens.

There will be a total of 3,576 DEFO (29.80% of the total supply) available to the public during the presale event. The event's official start date is 11/18/2020, 9:00 AM PST.

There are some great deals for early-bird investors who seek to capitalize on the extended team token lockup period. The presale base price is set at 1 ETH = 1.56 DEFO and investors can benefit of presale bonus up to 25%. Also, there is a minimum contribution of 0.1 ETH and a maximum contribution of 25 ETH put in place to protect new investors.

Airdrops

One of the coolest features of participating in the DEFHOLD presale event is that you will be among the first people to qualify for the monthly airdrops. As an incentive to hold onto your DEFO tokens for longer, the platform pays any investors with DEFO holdings longer than a month via Airdrops. These smart contract powered rewards distribute automatically to any user who managed to keep their DEFO HODLed for over 30 days. Best of all, these rewards post directly to your wallet, so there is no need to take any extra actions besides counting your new profits.

As part of the DEFHOLD Airdrop strategy, a smart contract that resides on LID will release 10% of its holdings every month. At that rate, investors will enjoy 10 months of solid Airdrops to sure up their holdings. Best of all, since the process is handled by LID, there is never any risk of excessive Airdrop causing price dumps.

EWF (Early Withdrawal Fee)

DEFHOLD adds another incentivization protocol to HODLers in the form of an EWF. This fee is imposed on investors who chose to stake their crypto but then decide to withdraw their holdings before the staking period is up. These fees are then redistributed to users who decided to stay the duration of the entire staking period. In this way, DEFHOLD users see real benefits for their participation and unwavering support.

This strategy is wise because there are many reasons why an investor may need to access their funding prematurely. Additionally, this feature is also nice for these investors that need to access their funds because, on most platforms, their crypto remains locked until the end of the staking period without any early release mechanism. In emergency situations, this option can prove to be a lifesaver for investors who prefer the fees over whatever other scenarios they are attempting to avoid.

DEFO

DEFO tokens are one of the main components of DEFHOLD. DEFO serves multiple purposes in the DEFHOLD ecosystem. Users can pay fees, send value, and stake tokens using DEFO. As the main utility and governance token for the platform, users can stake DEFO tokens or farm DEFO/ETH & DEFO/USDT LP tokens and start earning in days.

DEFHOLD intended to expand its staking and farming options in the coming months. The platform will allow users to vote on new token additions via governance protocols. Keenly, additional token pools will need to stake the amount corresponding to the EWF in DEFO tokens to participate in the network.

DEFHOLD Squashes the Competition

DEFHOLD appears to have the perfect combination of DeFi features. Investors gain access to the most popular DeFi features in addition to DEFHOLD's proprietary HODLing protocols. This combination of revenue streams makes DEFHOLD one of the most profitable options in the market today.

Decentralized Finance (DeFi) and decentralized exchanges have witnessed insane growth in recent years. Decentralized exchanges (DEX) offer several benefits, including access to a broader array of trading pairs to lower trading risk, lower transaction fees, and decreased counterparty risk since no intermediary is involved in the security and management of private keys.

A decentralized exchange that is gaining immense popularity in the crypto space is Uniswap- a decentralized and dedicated open-source protocol, for automated liquidity provision for Ethereum token trading pairs.

Unlike a decentralized exchange, Uniswap doesn't employ an order book to determine an asset's price like a centralized exchange does. Instead, the platform pools token into smart contracts and offers users the opportunity to trade against the liquidity pools.

As such, Uniswap is ideal for liquidity providers who receive lucrative rewards for providing an equal value of ETH and ERC-20 tokens to the Uniswap exchange contract. Here is a look at the top 5 most lucrative trading pairs for liquidity providers on Uniswap.

Uniswap Overview

Launched in November 2018, Uniswap is a decentralized exchange protocol launched on the Ethereum Mainnet. The protocol was developed by Hayden Adams with support from the Ethereum Foundation grant.

The platform is built on the concept that liquidity for exchange transactions is provided in on-chain pools, which are equal in value with both ETH and one traded ERC-20 token.

On Uniswap exchange, trades are executed against on-chain pools. The protocol leverages an automated market making (AMM) strategy to allow for the exchange of trading pairs without order books or other counterparties synonymous with centralized exchanges. Uniswap charges low trading fees (gas) compared to other DEX, thanks to the smart contract design.

Role of Liquidity Providers on Uniswap

Liquidity providers are essential to the Uniswap exchange to function as intended. Trades on Uniswap cause price slippage, which worsens when the trade is bigger than the provided liquidity. Therefore, the platform requires a large liquidity pool to function effectively.

Liquidity providers come in handy to enhance the platform's liquidity pool by supplying equal ETH and ERC-20 token values. In return, liquidity providers are offered a proportional split of the transaction fee from all existing trades.

The liquidity providers are also offered tokens from the exchange contract, which they can use to withdraw their portion of the liquidity pool at any time. The liquidity providers have access to numerous trading pairs, each with different terms and rewards. Uniswap is the most trustless DeFi protocol/product currently available.

Top 5 Most Lucrative Trading Pairs for Liquidity Providers on Uniswap

yfi.mobi ($YFIM): YFIM/ETH trading pair

Pair Stats

Total Liquidity: $6, 990, 036

Volume (24 hrs): $7, 027, 984

Fees (24hrs): $21, 084

Pooled Tokens: 12, 028 YFIM and 9, 074 ETH

YFIM is independent of YFI technology. The protocol functions as a decentralized application and builds up multiple protocols. The protocol offers the automation of yield farming strategy via lending pools. The protocol provides different functionalities to DeFi users by transferring their digital assets into liquidity pools.

On Uniswap, the rewards tokens are mined by transferring the funds from one asset to another. Once users deposit their liquidity in the platform's pools, they receive YFIM tokens indicating the amount of deposited funds. yTokens are staked to earn YFIM.

By adding liquidity to the YFIM/ETH trading pair in Uniswap, users participate in mining and receive YFIP tokens. YFIM/ETH trading pair has lucrative returns with up to 110% liquidity.

Augur ($REP): REP/ETH trading pair

Pair Stats

Total Liquidity: $192,738

Volume (24 hrs): $33,062

Fees (24hrs): $ $99.19

Pooled Tokens: 6, 497 REP and 250.81478 ETH

Augur (REP) is a decentralized prediction market platform based on the Ethereum network. The project's concept is to employ the “wisdom of the crowd” in predicting the outcomes of different events.

Users use the “Reputation” token (REP) to bet on the outcomes of different events such as results of sports matches, outcomes of elections, weather forecasts, companies performance results, etc. To place their bets, users can either create new events on the platform or participate in existing ones. When users correctly predict an outcome, they get a payout, sent to their ETH wallets.

Augur is powered by REP- an ERC-20 crypto coin. REP is a PoW coin, meaning that it can be mined on the same hardware used for Ethereum. REP/ETH trading pair on Uniswap has lucrative returns for liquidity providers with an annual percentage rate (APR) of 41.62%

LCX.com, the Liechtenstein Cryptoassets Exchange ($LCX): LCX-ETH trading pair

Pair Stats

Total Liquidity: $99,018

Volume (24 hrs): $35,752

Fees (24hrs): $107.26

Pooled Tokens: 4, 507, 597 LCX and 123.34155 ETH

LCX is a DeFi company that focuses on the tokenization of assets, security token offerings, and advanced trading tools. LCX, the Liechtenstein Cryptoassets Exchange, is based in Liechtenstein and operates in accordance with the Token and Trusted Technology Service Provider Act (TVTG) also known as the new Liechtenstein blockchain laws.

LCX’s second layer protocol built on Uniswap is enabling limit orders on Uniswap. Limit orders for Uniswap are available at the LCX DeFi Terminal, which is a decentralized trading platform with beautiful charting, trading view integration, and smart DeFi indicators such as liquidity and volume charts.

LCX is an ERC-20 utility token that is used to pay all fees associated with the services offered by LCX AG. The token can be used as a voucher to pay fees such as LCX Terminal subscription fees, fees for custodian solutions LCX Vault, fees for exchange transactions for all crypto assets, as well as other fees within the LCX ecosystem.

LCX/ETH is somewhat a new pair on Uniswap and comes with lucrative rewards of up to 45 annual percentage rates of APR Pools and their earned fees are public. Here is the $LCX token pool which roughly earned 10% yield per month. You can add liquidity to the $LCX trading pair on Uniswap here.

Wrapped Bitcoin ($WBTC): WBTC/ETH trading pair

Pair Stats

Total Liquidity: $ 796'465'699

Volume (24 hrs): $ 23'553'615

Fees (24hrs): $ 70'661

Pooled Tokens: 27'768 WBTC and 992'040 ETH

Wrapped Bitcoin (WBTC) was created to facilitate blockchain interoperability. The coin is designed to integrate the key features of Bitcoin, notably value and stability to the Ethereum blockchain, which is facing an ever-growing ecosystem of decentralized applications.

WBTC seeks to improve Bitcoin for decentralized use cases within the Ethereum ecosystem by standardizing Bitcoin to the ERC-20 format. Trading WBTC/ETH on Uniswap is lucrative, with an APR of 3.06%.

Bloom ($BLT): BLT/ETH trading pair

Total Liquidity: $ $72,945

Volume (24 hrs): $13,489

Fees (24hrs): $40.47

Pooled Tokens: 755, 826 BLT and 95.21123 ETH

Bloom is a decentralized credit scoring protocol powered by Ethereum and IPFS. The end-to-end protocol is used in risk assessment, identity attestation, and credit scoring. The ecosystem banks the unbanked by giving them access to secure and borderless access to credit services.

The protocol offers a novel approach to credit risk assessment, leveraging blockchain where both the digital asset and traditional fiat lenders can issue loans at competitive fees and enhance creditor experience.

Bloom protocol is powered by the Bloom Token- a utility token that allows organizations to evaluate user identities and creditworthiness. BLT also serves as the voting token to guide the evolution of the bloom protocol.

In addition, BLT serves as a voting mechanism for instituting changes to the bloom phases and algorithms. Trading BLT/USD on Uniswap has lucrative returns of up to 36.46% APR.

Conclusion

Uniswap is a decentralized exchange (DEX) that allows users to directly swap ERC20 tokens without an intermediary. The platform allows anyone to swap tokens, add tokens to a pool, earn rewards, or even list a ticket.

Liquidity providers are crucial for the Uniswap ecosystem by providing equal ETH and ERC-20 token values to prevent price slippage. In return, liquidity providers are offered rewards in the form of transaction fees, which is split equally between all existing providers. Liquidity providers are also given access to over 100 trading pairs, each with different annual percentage returns. The trading pairs discussed in this article offer lucrative returns and are ideal for any avid Uniswap liquidity provider.

The popular crypto exchange CATEX announced its DeFi roadmap this month to cheers from investors. CATEX differs from the competition in many ways that make this exchange a pioneer in the sector. Now, with the integration of DeFi capabilities, CATEX is ready to raise the bar once more.

What is Catex?

The Catex Exchange is also referred to as Catex. Catex’s different approach is evident from a glance at the platform’s unique business strategies. For one, Catex was the world's first truly community-managed exchange platform. Users guide this platform’s most important decisions via a voting protocol. Additionally, It was also among the very first mining transaction exchanges available to the public.

DeFi is Coming

The DeFi community is one of the fastest-growing sectors in the blockchain space and Catex intends to capitalize on this growth in multiple ways. The platform announced the launch of Catex.Finance (YCATT) in the coming days. The new protocol introduces loads of DeFi benefits to users.

YCATT Staking 

For example, Catex users will now enjoy staking options directly using the platform’s native utility tokens YCATT and CATT. When an investor stakes their cryptocurrency, they agree to lock it in a smart contract for a predetermined time. In return, they receive rewards in the form of cryptocurrencies. 

Today, staking is one of the most popular DeFi options available. The first form of staking was used to secure Proof-of-Stake networks. Nowadays, there are many different staking protocols to choose between. Additionally, new and exciting protocols are gaining popularity in the DeFi sector at this time. Catex leverages the most popular staking options to create a powerful toolset for investors. 

The network announced that November 30th will mark the beginning of the pre-staking event for users. CATT token holders will be distributed a $600,000 value in YCATT. This pre-stake will be followed by an ITO (initial token offering) where early-bird investors can get steep discounts on YCATT. The ITO price of Catex.Finance, YCATT, will be $0.10. Days later the token is set to list on Uniswap with a listing price of $0.30. Uniswap is the world’s most popular decentralized exchange (DEX). The tokens listing on the exchange will drive prices higher and help early bird investors maximize their profits.

Deflationary Protocols

Impressively, the firm has some deflationary protocol in place to help bolster CATT and YCATT token values in the coming weeks. For one, there is a CATT buyback scheduled for January 20th. This will occur just days before the official launch of the farming functionalities for YCATT on February 10. There is also a CATT burn scheduled for ten days later.

Buybacks and Burns

It was wise for Catex to include both a buyback and a burn mechanism in its roadmap. The DeFi sector is still new but it’s already evident that inflationary concerns are a problem. These revelations have led most of the top platforms to introduce some form of deflationary protocols to sure up the value of their governance tokens over time. These protocols reduce the number of tokens in circulation. In turn, this increases the demand for the remaining tokens in circulation.

Yield Farming

Yield Farming is another exciting feature that Catex users will get to enjoy in the coming weeks. Yield farming is another form of staking. However, instead of your locked crypto securing a network, it’s locked in giant liquidity pools. These pools allow users to borrow these funds with interests. Lenders receive rewards for providing liquidity to the system.

YCATT Tokenomics

YCATT is CATEX's latest DeFi token. There will be a total supply of just 50,000,000 YCATT available. CATEX will offer 2,000,000 YCATT during its pre-staking campaign. There will be 10,000,000 available during the ITO. Notably, the firm will lock both the team tokens and liquidity tokens for a year with Uniswap. The initial supply of YCATT will be 13,000,000 if the ITO is fully subscribed. Whatever tokens are not sold in the ITO from the allocation will be burned from the total supply.

Catex – A New Kind of Exchange 

Catex isn't like your traditional crypto exchange. During the first year and half of launching the exchange, Catex employed a trading mechanism to gain popularity known as transaction mining.  Users would trade on the platform and in return receive daily dividends from the revenues.  Early adopters of the exchange made millions of dollars from dividends alone. This year, Catex has disabled the transaction mining feature and has transitioned to a spot exchange to preserve the value of Catex Token (CATT). 

Benefits of Catex

Catex introduces a simplistic approach to token creation. Users gain more flexibility and profit when they utilize these systems versus the status quo. In this way, Catex offers a valuable alternative to investors who seek ways to earn passive income and to save on transaction costs.  There are many features and benefits for CATT token holders. CATT users enjoy a 30% reduced fee on transaction fees, a zero fee withdrawal system, access to the dice game, access to a faucet that pays out premium coins such as Bitcoin, and a staking platform where owners and coin holders can create customized pools for investors.

Community Driven

Another strong draw for Catex is its community-driven format. Through the use of an online social media poll, every user gets a say in the development of this revolutionary protocol. This inclusiveness falls in line with Catex’s open and transparent approach to operating the exchange.

Catex DeFi – A Wise Decision

You have to hand it to Catex for their impeccable timing. The DeFi sector is on fire and opportunities are abundant. Catex is sure to attract significant investor attention via its new and exciting services. For now, Catex leads the way for cryptocurrency exchanges launching hosting native DeFi assets.

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.

Cybersecurity continues to be a huge industry problem as far as digital assets are concerned. In May 2019, cybercriminals did a major hack that saw Binance, a Taiwan based cryptocurrency exchange, lose over 7,000 bitcoins. Today, various investor-surveys focus on security as one of their top concerns. As a result, different exchange and trading platforms are making efforts to prevent security breaches, and Bithumb Global is taking the lead in such efforts.

Bithumb Global (BG) is a centralized cryptocurrency exchange platform that globally provides world-class digital asset trading services. As a platform serving users worldwide, potential breaches in the user wallets could result in mass losses. However, Bithumb Global is utilizing the best security vulnerabilities and threat intelligence program, bug bounty program.

Bithumb Global Bug Bounty Program

Bithumb Global utilizes SlowMist’s technology, bug bounty program that protects digital assets platforms, cryptocurrency wallets, smart contracts, and public chains. However, the bug bounty program is just one of the company’s blockchain ecosystem security solutions, including security consultancy, security audit, defense deployment, and threat intelligence.

Through the bounty program provided by SlowMist, users can receive recognition and compensation once they report valuable bugs. The program focuses on bugs involving vulnerabilities and security exploits.

It protects platform users through a three-stage process. These stages include the reporting, processing, and repairing stage. Each of the steps involves different executors.

The Reporting Stage

The first stage involves the platform user or the reporter. The users n noticing a threat will visit the SlowMist website specifically to submit a bug bounty menu. Here, the user provides details, which start with the vendor selection. The page provides a list of the vendors subscribed to this service, and the user only needs to choose. In this case, the vendor choice would be Bithumb Global.

Next are the threat details the user will feed in, including the vulnerability title, then select the vulnerability type from a drop-down menu, threat discovery time, and the hazard rating.

Further, the reporter provides a vulnerability profile, including a detailed description of the vulnerability, evidence of a threat, and a possible repair plan. The evidence can be in the form of attachments or pictures, and the page supports their upload. Other details to provide before hitting on submit include the vendor reward address, SlowMist Zone reward address, user email, and phone number.

The Processing Stage

The processing stage begins with the SlowMist team confirming the reported vulnerability from the SlowMist Zone. The confirmation process happens within one working day from the day the user reports a threat. The team makes a follow-up and evaluates the threat, then serves the reporter with feedback. During this time, the user will see the status of their report as ‘under review.’ The Bithumb Global group will take over the issue and deal with it within three business days. They will observe the threat and conclude then communicate with the reporter if they find the need. The reporter will, from this stage, see the status as either ‘confirmed or ignored.’

The Repairing Stage

If the team confirms the threat, the business department repairs the issue and the status updates to ‘repaired.’ The timeframe for repair may differ depending on the severity of the vulnerability. High-risk issues will generally get resolved within 24 hours.

Medium-risks will take less than three days, while low risks can take up to 7 days. Once the user confirms the threat repair, the Bithumb Global team will notify the SlowMist technical team about their conclusion and the vulnerability score. The reporter will then receive the reward.

The reporter will receive between 2,500 and 10,000 USDT for critical risks; High-risk reports attract a reward of between 300-2,500 USDT; Medium and Low risks reporters receive between 100-300 USDT and 10-100 USDT.

Other Bithumb Global Security Features

In addition to the SlowMist bug bounty program, the company provides worldwide risk control to identify and address real-time risks. It is risk blown to ensure that the funds in the users’ cold and hot wallets remain safe. Recently, Bithumb Global entered into a collaboration with Hacken to boost its security. Hacken is one of the global cybersecurity leaders providing services to both websites and portals. Its services include infrastructural support for safe operation, blockchain security audits, and risk analysis.

As a company thriving in providing innovative financial solutions, Bithumb Global will significantly benefit from its collaboration with Hacken. Hacken’s expertise will make Bithumb Global safe from vulnerabilities, including internal frauds, and make it safe and reliable for users.

Final Word

The fact that cryptocurrency exchange platforms hold billions of user funds makes them attractive targets for hackers. Experts have been making serious efforts to address crypto exchange platforms' issues, and cybersecurity has been among the key concerns lately. These efforts saw the launch of Trust Score in 2019. Trust Score is an algorithm that evaluates exchange platforms based on the parameters of Liquidity, Cybersecurity, API Coverage, and scale.

The metrics for evaluation involve a scale of 0-10, where cybersecurity represents 2. Notably, Bithumb Global ranked highest in terms of cybersecurity with a scale of 2, and an overall Trust Score of 9 out of 10. The platform is fully prepared against external threats, given that there is no point in having a best order-matching engine platform that does not ensure user funds' safety. It is because of this perquisite that Bithumb Global is reputed as the best exchange this decade.

Have you ever thought of saving crypto? Well, this is almost impossible thanks to market volatility characterized by market dumps. While the DeFi sector is rapidly expanding, speculative investors easily liquidate their holdings, causing a rapid sell-off. This leads to a rapid decrease in the value of a DeFi project.

DefHold attempts to streamline the DeFi sector by solving inflation and providing incentives to speculative traders to hold cryptocurrencies during market dumps and consequently generate yields on the underlying assets.

DefHold achieves this by implementing new autonomous yield generating solutions. Here’s a comprehensive review of the first non-inflationary staking and farming system designed to reward long-term holders.

DEFHOLD Overview

DefHold describes itself as a non-inflationary DeFi ecosystem that seeks to offer yield generating investments’ strategies to long-term crypto holders. Currently, a conventional means of securing assets during market dumps and pumps is to convert assets to stable coins. The stable coins can thereafter be staked or farmed into various DeFi protocols generating yields on the underlying asset.

But this means of securing assets during markets' dump and pump has the undergoing of price drop leading to losses. DefHold seeks to reward long-term crypto investors with accurate portfolios and own liquidity's management by implementing new autonomous yields generating solutions. In the future, the platform will also launch a fully decentralized governance system allowing users to make crucial decisions regarding the project's future developments and vote on essential network upgrades such as different lock-up periods, transfer fees, vote to launch new tokens, etc.

DEFHOLD Pays You to HODL

DefHold’s innovative non-inflationary staking and farming system pays you to HODL your tokens. The DEFHOLD ecosystem encompasses multiple yields generating mechanisms that compensate investors for holding tokens during a market dump or pump. This offers investors access to multiple revenue streams, i.e., yield-generating investments, without having large capitals.

Unlike most DeFi platforms, which leverage a business model that depends on inflationary tokens, DefHold combats inflation with the capping of DEFO tokens at 12,000 DEFO. The protocol isn't planning to issue any additional tokens to prevent inflation by ensuring scarcity.

DeFi platforms that employ a business model and issue more tokens often mint these tokens to enhance their APY (Annual Percentage Yield). However, this strategy exposes the market to multiple threats, which could lead to its failure. Also, the value of tokens in circulation always drops in value once a DeFi platform releases additional tokens to the market. Enhanced token inflation coupled with speculative investors' impulsive actions causes a myriad of problems such as runoff sales that lower the value of a DeFi project.

About DEFO-The Non-Inflationary Yield Generator

DEFO is the DefHold ecosystem's native token, enabling holders to stake or farm their assets into pools with different predefined lock-up periods. However, investors (farmers and stakers) can still be able to withdraw their assets before the term of the lock-up period at any time by paying an early withdrawal fee (EWF).

DefHold will employ various revenue streams to reward stakers and farmers who have accurately managed their portfolios and their own liquidity requirements. The first revenue stream will be the early withdrawal fee (EWF) charged when stakers and farmers withdraw their assets before the asset lock-up period expiry. The EWF funds are collected then split up among the remaining members.

The second yield generating mechanism is transfer fees. The platform will charge a small transfer fee on every DEFO token’s transfers. The collected fees will then be split proportionally among stakers and farmers.

These 2 revenue-generating mechanisms will continuously generate yields to stakers and farmers in a non-inflationary way.

Unlike other DeFi platforms that leverage inflationary tokens to enhance their APY, DefHold will not produce additional DEFO tokens, in turn keeping their supply low. By channeling revenue to the farmers and stakers, DefHold ensures that investors hold on to the investment strategy even during a market dump.

Revenue Allocation

As mentioned above, DefHold will have two different revenue streams to be shared between the stakers and farmers, i.e. (EWF + Transfer fee). These revenues will be allocated as below:

EWF revenues allocation:

5%: to developer fund

95%: to stakers/farmers according to their share of their respective pool

Transfer fee revenues’ allocation:

5%: to developer fund

40%: to stakers (equally shared between all the staking pools)

55%: to farmers (equally shared between all the farming pools)

DEFO Staking & Farming

DEFO token powers the DefHold ecosystem. The token has several use cases in the ecosystem. The primary use case is a staking or farming token where users farm/stake their assets in pools with pre-defined lock-up periods using the token. Currently, DefHold users can stake DEFO tokens or farm DEFO/ETH& DEFO/USDT LP tokens. In the future, DefHold seeks to add additional token pools depending on the community proposal.

The non-inflationary staking & farming pools are as below.

How Will DefHold Enhance Liquidity

Liquidity has turned out to be vital for DeFi platforms, especially after the entrance of decentralized exchanges (DEX). To enhance liquidity, DefHold implements two primary mechanisms listed below.

● EWF and transfer fee revenues are distributed mostly to farmers to enhance their revenues and incentivize them to offer liquidity to the DefHold ecosystem.

● The platform will conduct a presale using the Liquidity Dividends Protocol (LID). In the sale, 75% of the raised ETH will be allocated to Uniswap liquidity and locked by the smart contracts. This will protect investors against dumping and exit scams.

Closing Words

To conclude, DefHold is a non-inflationary DeFi ecosystem which will transform the DeFi space by providing yield generating investments’ strategies to long-term crypto holders. The platform will surely solve inflation and the problem of impulsive speculative investors who are easy to spook, causing a drop in the value of DeFi projects.

The social world plays a crucial role in cryptocurrency adoption by raising awareness and offering a communication platform. For instance, nearly every crypto-related service providing company uses Telegram to communicate with possible investors about new products. Moreover, these platforms use Twitter to announce new tokens, tokens sales, new upgrades, etc.

However, these systems are not sufficiently providing the services, especially for crypto users. A user has to have Telegram, Twitter and several crypto wallets to complete simple transactions and communicate. The complications hinder the general growth of the crypto world, thus delaying the adoption of cryptocurrencies.

However, a new platform is rising, Carbon, replacing other social networks in the race to accelerate crypto adoption.

Carbon and Crypto adoption

Carbon is a social crypto network introduced to solve the problems of dependability in centralized non-crypto social platforms. This blockchain-based network merges highly unique functionalities aiding in the day to day crypto services provision.

The platform’s experienced team has crypto solutions assuring users of perfect functionality. Among the best communication, social features merged include;

Social feed- The social feed aids users to connect with other crypto enthusiasts and receive updated crypto news.

Like the classic phone book, the carbon platform merges a contact book allowing users to store contact details like the username for future dealings. The user will keep the contacts in either a centralized or decentralized manner on the blockchain.

Password vault- The carbon password vault has end-to-end encryption safeguarding users’ passwords, private keys, etc. The technology used to protect the details is unhackable, like hard wallets. Moreover, it leverages multifactor authentication for top security assurance.

Messenger- This tool adopts Telegram-like features allowing users to send direct messages to contacts or groups. Direct messages are highly private and go only to the authorized persons, while the group messages go to a particular team selected.

Notepad- Persons can write and save crypto and non-crypto information and details using the notepad tool found in Carbon.

Another unique feature is the calendar and event feature that allows users to add events to a calendar to make their followers aware.

The platform also introduces a donation system targeting ETH donations for system app development and CRBN donations as a reward to token holders.

Crypto team tools aid users to open a team account and access team privileges in the carbon platform. Users will promote posts to a team and enjoy other top functionalities and maximized team benefits.

CRBN holdings to access tools will give access to some features based on individual CRBN holding. If a certain group or individual’s account does not have the required minimum, they won’t access these features. Setting minimums will encourage people to purchase more, thus accelerating crypto adoption.

The Growing Crypto Market

Although the crypto world currently has a market cap of about 431 billion USD, rising by 2% from last year, there are still many opportunities not yet explored. For instance, the crypto world always depends on outside communication service providers, most of which aren’t reliable and are full of insecurities. The lack of proper service providers is among the factors hindering this high-value sector’s fast global adoption.

However, by introducing Carbon, access to crypto services will be easy for everyone. Foremost, a user will only need one app for communication, news, and token holding. Therefore, merging these services will lead to faster global crypto adoption.

Non-crypto users will also see the great features of decentralized communication and storage, and they will want to try blockchain financial services. The technical processes from account creation, saving, and reading are decentralized entirely and easy.

The Carbon Roadmap

Carbon launches the public token sale on November 9, 2020, and will distribute the tokens 48 hours after the token sale ends. In this season, the token will be listed in UniSwap to bolster liquidity and other exchanges for partnerships purposes. The listing and token sale happen between November 2020 and December 2020.

In December 2020, Carbon will launch a front end user interface, doing little technological demonstrations. Just after that, the marketing prelaunch will begin in January, with the platform launching the social feed and contact features before January ends.

The NFT gallery, leaderboards, and donations will be active from the end of February, followed by the password vault, notepad, and messaging options. The last part of the original features launches in April 2021 with the calendar, airdrops, and promotional tools. However, this is not the end of the platform’s development; there will be regular updates of the platforms’ functionality.

Final Note

Carbon’s launch in the crypto space is a significant boat in the fight to accelerate crypto adoption. This network’s independence from other social networks will guide its general success in cryptography and the rest of the world. The social tools merged will help induce more to join the crypto world, enjoy the rest of the futuristic inventions like the password vault.

Carbon will also have its own token CRBN, which begins to sell publicly in November. The donation and reward system aims to ensure the token holders’ proper rewarding while putting equal effort into the app’s development and progress. Everyone is invited to invest and enjoy the most futuristic crypto advantages.

Useful Links

Website | Whitepaper | Token Sale | Telegram

The LCX DeFi Terminal is now live for Uniswap users. This powerful new interface introduces Limit Orders for Uniswap via a market page with beautiful interactive trading charts and additional new functionalities desired by users. In this way, LCX transforms the DEX experience and removes any technical barriers for new traders.

Setting Up LCX Smart DeFi Portal

The setup for the LCX Smart DeFi portal is easy and fast. Best of all, you don’t need any prior technical knowledge or special hardware to be a part of this revolutionary protocol. Anyone can utilize LCX from a PC. However, you will need to connect your ERC-20 compatible wallet to the network to get started.

ERC-Wallets

There are a ton of ERC-20 wallet options available today, but one of the best is Metamask. This wallet features full interoperability within the ERC-20 ecosystem, it’s free to use and download, and it only takes five minutes to set up. Once your Metamask is set up, it’s time to head over to the LCX interface.

When you arrive on LCX, you will notice a button in the top right corner labeled Connect. Clicking this button pulls up a prompt asking if you want to connect your Metamask wallet to LCX. You will need to reenter your Metamask password to complete the linking process.

Ready to Begin

The LCX Smart interface will display the most vital data you need to stay on top of trades and the market. At the top is your total assets. Under this section is your wallet and liquidity pool balances. An asset allocation section follows this section.

Next to where the Connect button was, a menu tab brings up some additional options. One of these options is the markets tab. This will display Uniswap’s top 1000 trading pairs by liquidity. There are little arrows over each data set that allow you to filter out results or search for specific cryptocurrencies or digital assets. The advanced charting at LCX DeFi Terminal does show the price and several special DeFi indicators. In this way, LCX is on par with the industry-leading centralized exchanges like Coinbase Pro.

From there, you are free to browse through the liquidity pools to find investments that meet your strict requirements. The entire process takes less than five minutes, and your Uniswap experience will never be the same again.

A Better Option for New DeFi Users

LCX provides a better alternative to new users in entering the DEX arena. These users are already on edge about utilizing a new system. Many never make it past Uniswap’s setup because they are so used to provide a login and trading in minutes, as is the case with most centralized platforms.

The World’s First Smart DeFi Terminal

LCX DeFi is the world’s first smart DeFi terminal. The new trading dashboard and limit orders functionality is running on a custom DeFi protocol developed by LCX. This DeFi protocol provides Uniswap traders access to an enhanced User Experience. This new user interface leverages a complex smart contract framework that eliminates all of the leg work previously required to trade on Uniswap. You even gain access to a host of new functionalities to improve your returns.

People Love Simplicity

Think of LCX as the Windows to DEX’s DOS. Before Bill Gates introduced Windows, operating a computer seemed like it required a degree. Windows made it so anyone could smoothly perform functions securely. LCX attempts to accomplish the same maneuver with Uniswap. Currently, Uniswap investing is a choir. LCX wants to transform this process into a quick and profitable experience.

Limit Orders on Uniswap

The best part of the LCX DeFi platform is the addition of limit orders in Uniswap. Limit orders, which are considered a basic functionality on centralized exchanges, are still not standard on DEXs. A Limit Order is a sale or purchase set to initiate at a specific price point. They are a crucial part of most trader’s strategies. As such, LCX has investors excited over their new platform.

Limit orders simplify investing because you can buy low and set your sell rate high. This order rate is set to ensure that you obtain a specific ROI when you sell your assets. Currently, Uniswap sellers have to take what the market gives them with no other options; or do they?

Market Monitoring Made Simple

The LCX DeFi terminal was built to streamline the DEX experience. The portal makes it easy for anyone to track the DEX market and liquidity pools at a glance. You can show all the current trading pairs based on different criteria. You can even sort through the selection via filters based on a project’s name, total liquidity, 24h volume, 7d volume, 24h fees, and 1y fees/liquidity based on 24h fees annualized.

For the first time, investors can easily monitor all the liquidity pools at the same time. Within seconds, you can create advanced filters to find the best investments. For example, you can glance at the top 1000 trading pairs based on liquidity with a click using this next-gen interface.

The LCX price discovery engine continually monitors the Uniswap liquidity pools to provide you with real-time feedback and stats. No more wading through endless projects to find the gems. This approach simplifies your investment selection process and strengthens your ability to be responsive in the market.

Compliant DeFi and DEX, possible?

Decentralized Exchanges, such as Uniswap, do not require users to register or provide information as part of a know-your-customer (KYC) process. At the same time, we see a growth of compliant crypto assets, security tokens, and new legal frameworks for blockchain companies. LCX is the leading player leveraging the new blockchain laws in Liechtenstein and is investing heavily in crypto compliance and the DeFi space at the same time. Eventually, LCX is ahead of its competitors as they see a new pattern and are connecting the dots between DeFi and crypto compliance. It will be interesting to follow this future development, and time will tell what new products and services will emerge.

LCX – Perfect Timing for the DEX Revolution

The developers behind LCX understand that value is a lot like water in that it will travel the road of least resistance. Startups will always flock to a platform such as Uniswap because it offers them instant access to financial markets at a minimum cost.

LCX’s approach helps fuel the DEX revolution and supports the further expansion of the ERC-20 ecosystem. It also puts more control in the hands of investors. Together, these goals help further the overall adoption of cryptocurrencies in general.

LCX – The New Standard

LCX has put together an immersive interface for their LCX DeFi Terminal, appealing in looks and functionalities. For these reasons and more, LCX is sure to make some serious waves across e industry moving forward.

Source: Crypto Adventure

CorionX is focused on merging the cryptocurrency and stablecoin sectors via its utility token and educational platform. The project builds a global community where each member can share knowledge, use cases, and info on all aspects of wide-ranging digital finance.

This unique venture’s native utility token, CORX, functions as an incentive for stablecoin and decentralized finance (DeFi) popularization. The ERC20 token facilitates participants to share info, grow the CorionX community, and use various practical cryptocurrency apps.

Token holders using CORX daily are rewarded with numerous benefits, such as 2.5% staking quarterly in the Loyalty Staking Program.

Through its #MoneyInTheRightDirection Movement, CorionX is fostering the use of stablecoins as the new crypto instruments that will transform how payments are made globally.

The movement will reward contributors and participants with CORX tokens as an added incentive to reach mainstream adoption. CorionX’s team has a vital objective of reaching 20 million daily stablecoin users by 2021.

CorionX Initial Dex Offering (IDO) Is Coming Soon

The CorionX project reached a significant milestone recently with the successful completion of their IEO on Probit Exchange.

However, the market situation is changing fast, and the popularity of DeFi and DEXes has exploded in the last couple of months. Many community members now indicate that they would prefer to trade CORX on DEXes and an IDO (Initial Dex Offering) for providing liquidity for trading.

IDOs offer projects a new and innovative way to raise funds via decentralized finance instead of centralized exchange listings. CorionX has decided to explore the possibility of an IDO to offer enthusiasts and investors who prefer DEXes a new opportunity to be a part of a groundbreaking project.

The IDO will also favor community members who couldn’t participate in the IEO process because of their unfamiliarity with centralized exchanges.

Interested investors will soon have the opportunity to participate in CorionX IDO, scheduled to go on from 2-15 November. Tokenizer DEX, a fully decentralized platform that facilitates the trading of over 100 tokens, will host the token’s listing.

Participants in the IDO with Tokenizer can benefit from a special promotion, where they get a 17% sales bonus on token purchases and earn up to 27% rewards for inviting friends. This special referral campaign guarantees that both referrer and referee gets a 10% bonus.

The raised IDO funds will help in finance developments of the CorionX ecosystem and also provide liquidity on Tokenizer and Uniswap. After the IDO, the CorionX team plans to list CorionX prompt on Tokenizer, Probit, and Uniswap at the same time.

The move to list CorionX on DEXes, supported with an IDO, serves the community’s best interest and supports extending CORX use cases.

To participate in the CORX IDO on Tokenizer, click on this link.

More on CorionX’s Listing On Tokenizer and other Partnerships

CorionX’s scheduled listing on Tokenizer highlight’s the project’s ambition to partner with industry leaders to further its cause for mainstream adoption.

Tokenizer is on a mission to democratize and reinvent the world of banking and investments by fulfilling the tokenization needs of users on their token issuer, launchpad, and DEX. Over 100 tokens can be traded on the Tokenizer DEX in a fully decentralized way, with no KYC requirements or registration process.

The platform also offers state of the art security by performing token accreditation checks on-chain. Their oracles verify several compliance features, including whether the receiving wallet belongs to an accredited investor.

Tokenizer is primed to revolutionize the DeFi field and address several key pain points to democratize investments and boost direct market participation and growth. The DEX connects with various other players and exchanges to inject improved liquidity to the DeFi marketplace.

CorionX has also fostered several other mutually beneficial partnerships in the recent past, which provide additional use cases for CorionX.

The Syscoin interoperability bridge integration facilitates quick, affordable, and scalable transactions for the CORX utility token while allowing users to tap into the benefits of Ethereum’s DeFi network.

The FUSE Network and Studio partnership will introduce a perfect backend of the CorionX wallet, which will offer the next generation of mobile payments. FUSE will power affordable, fast, and highly scalable transactions via Stablecoins, CORX, and other ERC 20 tokens.

More recently, on Oct 20, the Corion Foundation announced a new partnership with the TEAL Marketplace. This decentralized marketplace connects consumers with the best recommendations, and merchants with the most suitable customers, via proprietary artificial intelligence (AI).

Useful Links

Website | CORX IDO

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.

In recent years, cryptocurrency contract trading has gained widespread adaptability among crypto traders. Contract trading, also referred to as derivatives, is an agreement to buy or sell an asset later for a fixed price. Traders use crypto contracts to hedge other investments or as a means of locking in profits when trading in highly volatile markets. These contracts are also essential for hedging existing spot positions without investing additional crypto, thus enabling traders to be alert and responsive to any prevailing market condition.

Considering the increase in demand for cryptocurrency contract trading, there has been a consequent increase in the number of exchanges offering the trade. However, most of them do not support crypto trading novices. They feature advanced tools that are hard to use for beginners, thus add more confusion instead of real value. Bityard seeks to change this narrative by simplifying the trade for novices while still giving them access to adequate trading tools.

The exchange offers a low barrier to entry as well as competitive fees. Traders can execute trades as low as 5 USDT or as high as 20 000 USDT, with a mere 0.05% interest rate. Here's an in-depth look at the features that make Bityard the best derivatives exchange for beginners.

About Bityard

Bityard is the world-leading cryptocurrency contracts exchange. Headquartered in Singapore, the platform offers safe, easy, and fast crypto asset trading services in more than 150 countries and eight different languages. Bityard’s business philosophy follows the “complex contracts simple trade” approach that aims to bring the ultimate simplified crypto contract trading experience to customers.

Bityard markets itself as safe, easy to use, and fast. The exchange's main product is leveraged trading instruments on eight different cryptocurrencies with a leverage of up to 100x. The exchanges also offer a low barrier to entry as well as competitive fees. Users can execute trades as low as 5 USDT or as high as 20 000 USDT, with a mere 0.05% interest rate.

What Makes Bityard Ideal for Beginners?

Bityard is the most user-friendly crypto-contract trading platform thanks to a wide variety of features, which include:

Simple and Intuitive User Interface

A first look at the user interface indicates that the platform is ideal for a newcomer. Other crypto contract trading platforms such as BitMEX have a much-complicated user interface that makes it hard for newbies to get along. Bityard's user interface is sleek and straightforward. The UI is not crammed with many functions that might perplex beginners. There is undoubtedly less data filled per screen. There is also a bright mode and dark mode toggle-standard, but welcome features for a modern portal.

Simple Registration Process

Bityard registration process is straightforward and only takes a few seconds. All you need to do is register an email address and become a Bityard user in less than a year. The Mobile Registration option is simple and completed in seconds. Moreover, the platform doesn't implement KYC strategies, thus limiting the extensive registration process. Once you’ve completed the registration process, the exchange will assign you a secure wallet right away.

Beginner Rewards and Demo Trade Feature

Bityard features “beginner rewards” –a program that enables beginners to familiarize themselves with the platform and add more details to the account. The rewards are in coupon credits for the fees. The platform also has a “demo trade” feature whereby the interface changes into demo mode, and traders can do “demo” cryptocurrency options trading using real price charts and volumes without having to commit tangible assets.

Users can employ demo leveraged trades to get a feel for the functionality of the platform. However, it would be best if you were careful using the “demo trade” feature since the trading view is identical except for the “mode” options found at the bottom left. Nonetheless, users should make sure the “Demo” icon appears in the bottom left if they want to demo trade.

Dedicated Customer Support

Bityard offers dedicated customer support delivered over many platforms, including email, telegram, and online customer support. Additionally, the website features an automated chart function that provides ease of service access to beginner traders. Users can also easily access the FAQ and Help Centre as well as a Beginner’s Guide and Contract Guide. These are available under the “More” dropdown menu placed at the top of the Bityard UI.

Low Entry Barrier

Another feature that makes Bityard ideal for beginners is that it has a much lower entry barrier with only 5 USDT for trading. Registering on the platform is simple and straightforward.

No Deposit Limitations

Regarding deposit, Bityard offers a wide range of deposit options, thus ideal for any beginner trader. The exchange has more deposit options than any other crypto derivatives exchange. Both fiat currencies (Chinese CNY, Vietnamese Dong, and Indonesian Rupiah), as well as seven cryptocurrencies (BTC, ETH, XRP, USDT, TRX, HY, LINK, and EOS), are supported for deposit. The exchange will add more fiat options soon.

Moreover, The Bityard team has also recently announced a new partnership with Paxful, a global marketplace to securely trade Bitcoin with millions of users. The integration will allow Paxful to act as a fiat-to-crypto on-ramp for our users, and there will be more FIAT deposit methods available on Bityard soon.

The KOL Incentive System

Bityard offers an attractive affiliate program, i.e., Key Opinion Leader (KOL). Bityard partners are offered a commission of up to 60%, while users receive a salary per day proportional to the number of users they bring to the site.

Affiliates who can be beginners can convert influence into commissions, with an opportunity of earning up to 60% of commissions on all trading fees. KOLs who recommend other worthy KOL prospects to Bityard get rewards with an additional lucrative bonus.

Getting Started on Bityard

To get started, access the Bityard registration process and enter the necessary information as required. You can register using either an email address or phone number. After this step, you'll get a secure wallet and commence any activity. To begin trading, click on “Trade” for redirection to a trading page with a clean and straightforward UI.

Copy Trading Coming Soon

Better yet, the platform is planning to launch Bityard contract copy trading service soon. For experienced crypto traders, Bityard copy trading platform provides an opportunity to earn extra income by sharing out your trading strategies. According to the exchange, both novice and pro traders will earn profits from the feature. Any beginner can follow a pro trader of their choice to implement their techniques for better chances in trade.

Additionally, the contract-tied service will be fully automated favoring every user. For more info on this, please contact its online customer service or visit the support page.

Closing Words

Crypto contract trading exchanges have significantly evolved, and Bityard seems to be leading the way regarding simplicity and ease of use. The exchange is made for beginner traders, as portrayed by its motto “Complex Contracts Simple Trade.”

The exchange is fast, secure, and easy to use, plus offers its users Beginner’s and Training Guides on crypto contract trading to make them better. The user-friendly exchange is more catered towards novice traders. Complex functionalities and trading options are more comfortable for novice traders to focus on crypto contracts’ trade. For those looking to enter the confines of crypto contract trading, there is no better place to start other than Bityard.