CryptoAdventure

The best spot for an intriguing adventure to everything crypto: news, in-depth reviews of crypto projects, coins, and beginners guides!

Anyone familiar with the cryptocurrency market will tell you that it's volatile. As a highly volatile asset, traders are exposed to a high amount of market risks. Additionally, the lack of a solid regulatory framework in the sector makes it difficult to judge certain projects' merits accurately.

To be successful in trading, you will need to invest a large amount of time into understanding the market and all the different cryptocurrencies available. You will also need to acquire some technical expertise to better predict future market movements off of indicators. These risks and more make trading crypto a risky business. Luckily, trading isn't the only way to earn your crypto anymore.

Liquidity Staking

To provide higher returns and less risk exposure, developers thought up liquidity staking. This strategy requires you to lock your cryptocurrency up in a smart contract for a predetermined time period. You receive rewards based on the amount and time frame and the amount you staked. 

Liquidity Staking vs. PoS

Many crypto investors think of the Proof-of-Stake consensus mechanism when they encounter staking in the market. In this process, users participate in securing a blockchain and receive rewards for their efforts. However, PoS is totally different from Liquidity staking in terms of the general goal.

Unlike PoS stakers, liquidity stakers receive rewards for providing liquidity to a pool rather than securing a blockchain. The actual staking term more refers to the fact that both processes require you to lock your cryptocurrency up in a smart contract for a certain time period. 

BG Staking Protocol

Bithumb Global takes this concept a step further with its latest feature, BG Staking. This feature places Bithumb Global directly in line with emerging DeFi platforms. However, unlike the competition, Bithumb Global has a proven track record of success in the market. 

Staking on Bithumb Global

The first thing you will notice when beginning your staking strategy on Bithumb Global is the wide array of tokens the platform offers. The exchange offers investors access to some of the hottest and newest projects in the market, such as Mantra DAO, 2Key network, and Gather, to name a few. Consequently, Bithumb Global is known to provide users with some of the business's highest annual returns.

How to Stake on Bithumb Global

The staging process is straightforward to do when using Bithumb Global. You register for a free account. Once you have your account up and have verified your identity, you can begin to utilize these services. Click the staking button on the top right of the platform. 

This button takes you to a page that has all the staking options available and their rates. You can see that each token has its own lock-up period and reward. The layout makes it simple to decide what project to stake. Click the project you desire, and it will take you to their investment page. From here, you need to fill in the amount you plan to stake. Now you are good to go.

Bithumb Global Goes a Step Further

Bithumb Global is packed with advanced trading features that would make even the best trader blush. For starters, Bithumb Global supports an impressive number of coins at this moment. A nice majority of these coins come with fiat trading pairs. Fiat trading pairs save you time and money. When a coin you want doesn’t have a fiat trading pair, you first must acquire BTC or ETH. This extra step is unnecessary. 

Bithumb Global features USDT Tether as the main stablecoin. There are USDT trading pairs for a wide selection of coins. Keenly, Tether is by far the most popular stablecoin in the market. Utilizing them as the premier stablecoin in the network further builds confidence in the platform.

More Investment Options

Bithumb Global supports more than just cryptocurrencies. The platform allows users to trade ETFs. ETFs (Exchange Traded Funds) are seen by many as one of the most important gateways to the crypto market today. ETFs are certificates that allow investors to trade cryptocurrencies without actually owning any. In this way, investors can profit off the crypto market movements without taking on any additional regulatory risks.

Margin Trading

Another powerful new feature of Bithumb Global is margin trading. Investors can now take short term Bitcoin trading loans. The platform supports up to 10X leverage. In a margin trading scenario, an investor would borrow more cryptocurrency before making their investment maneuver. Ideally, the value of their investment goes up, and the person can then pay back the loan and keep the added profits due to the larger initial investment.

Leveraged trading is prevalent in the stock market. However, in the stock market, investors usually leverage their short positions. When you short a cryptocurrency, you bet against its value. For example, let’s say you have one BTC. You borrow nine more to put you at ten Bitcoin right before you expect the price to drop. You then sell all of these coins and wait for the market to drop. Once the value falls, you repurchase the asset, repay the loan, and keep the difference as your profit.

Notably, shorting and leveraged trading are considered advanced trading methods because they increase your profit and risk potential considerably. Before you attempt to make leveraged trades, you should research the strategy thoroughly. Luckily Bithumb Global offers courses to investors and firms interested in these topics.

Bithumb Global Mobile app

Bithumb Global has an impressive Dapp that allows users to conduct basic trading activities from your smartphones' convenience. The platform has everything you need to track, monitor, and trade any of the 100+ coins provided on the exchange. Best of all, the app is free to download on both Apple and Android devices.

Crypto Smart Tokens

Smart tokens are stablecoins that are pinned to major cryptocurrencies such as Bitcoin or Ethereum. The main goal of this product is to allow traders to short Bitcoin. Shorting Bitcoin has long been a desire of professional traders in the market. The market volatility lends itself well to this strategy when you have the experience and know-how to execute it properly.

Bithumb Global Meets the Needs of the Market

Bithumb Global was built to meet the greater needs of the international crypto community. The exchange reflects the advancements made in the sector over the last 5-years. You can see aspects of the DeFi community, such as its unique staking mechanism, in Bithumb Global's market approach. 

It's exciting to learn that exchanges now offer users the ability to earn a passive income without the need to trade their crypto. This is a real game-changer for new users, and for advanced users, it's just one more reason to utilize Bithumb Global.

Anyone familiar with crypto index creation can attest to the time it takes to compose a quality fund. This process can take days, or even weeks to complete because it requires you to have a strong grasp of the market conditions, coins, and regulations. Additionally, the market’s volatility means you need to actively manage these funds to ensure your ROI stays on track.

Unfortunately, this is a daunting task for even the most experienced traders. Sadly, most new traders fall short across the board in terms of crypto index creation and management. They pick the wrong investments and lack the skills to manage their account properly. In most instances, this leads to losses across the board, disgruntled traders, and slowed cryptocurrency adoption. Luckily, there is a company in the market seeking to eliminate this situation – Shrimpy.

Shrimpy to the Rescue

Shrimpy is a next-generation social trading platform that was built from the ground up to streamline crypto index creation and monitoring. The platform introduces an easy-to-navigate interface that makes it simple for anyone to start a cryptocurrency index fund in minutes. The developers behind this revolutionary platform boast that the network reduces crypto index processes from days to minutes.

Powerful Features that Make Things Easy

Shrimpy introduces a host of powerful features to the cryptocurrency sector that makes it easy to construct a diversified portfolio that is automated by an indexing strategy, social leader, or custom allocations. These technologies serve two main purposes. The first goal is to remove all technical barriers to crypto index creation and monitoring. The second is to ensure liquidity within the Shrimpy ecosystem. Here are some of the best features Shrimpy users get to enjoy:

Streamlined Index Creation

Shrimpy includes a smart indexing tool that requires no technical skills to utilize. A new user can easily select their coins from the portal. The protocol even lets you weight your index by the market capitalization or by equal weights. Best of all, your portfolio will automatically monitor and correct your portfolio to maintain your preset parameters.

Rebalancing Protocols

Shrimpy offers two rebalancing protocols that make index account maintenance a breeze. The time and threshold protocols actively change your portfolio to meet your percentage criteria during market volatility. Specifically, the time rebalance feature evaluates and readjusts your holdings at a preset time daily. The threshold rebalancing code adjusts your holdings based on a preset allocation percentage.

These features are ideal for new traders. For example, you could set your portfolio to only include the top ten cryptocurrencies based on market cap. If one of your coins falls out of the top ten, the system will trade it out and replace it with the new top coin. From here you can set up exactly how you want these coins to break down in terms of holdings. There are a ton of options like the ability to choose to hold equal amounts of the top 10 – 20 cryptocurrencies.

Free Up Your Day

Shrimpy empowers investors through its unique toolset. The ability to automate your portfolio is a fantastic option that is sure to attract investors in droves. These protocols are used by professional traders to decrease risk exposure and increase profits safely. Shrimpy levels the playing field and even gives new users a boost through its unique strategy.

Interoperability

Currently, Shrimpy offers access to 16 cryptocurrencies exchanges with hundreds of different cryptocurrencies. Additionally, if there are digital assets that you don’t see on the network, Shrimpy allows you to add them to your portfolio via a cold storage feature. The platform will register the new assets in your portfolio automatically. This system allows you to load your funds on any of your linked exchange accounts.

In-depth Monitoring Across Multiple Platforms

Shrimpy users never have to worry about spending hours monitoring and tracking their trading activity across these exchanges. Shrimpy places access to all the relevant data needed to stay in tune with your holdings via its clean and interactive interface. Shrimpy also includes these assets in its portfolio balance calculations.

Social trading

One of the best features found on Shrimpy is its Social Trading system. This next-gen trading protocol allows anyone to duplicate an experienced trader’s strategy automatically. The ability to clone the trades of experts allows new users to make a profit and learn at the same time. Each trade is a mini-lesson in what conditions and strategies work best for traders today.

Eventually, the student can become the master. Once you are secure in your ability to earn a healthy ROI, you can add to your profits by allowing others to copy your trades. In addition to paying back the community, Shrimpy pays you a respectable $4 for every follower you gain.

There is also the option to make all of your trades public for free as well. Again, this is another awesome feature that shows the developers are all about the community. They give traders more options and opportunities to earn passive income or contribute in other ways.

Shrimpy is Live

Last week, Shrimpy launched a Premium Social Trading Group. This long-anticipated update will simplify the way users create trading groups and charge followers. The news system is based on Assets Under Management (AUM) or Performance. Discussing the update, Michael McCarty, Shrimpy’s CEO spoke on the platform’s milestones. He described how Shrimpy is “opening a new chapter for Bitcoin trading by bringing social communities to cryptocurrency.”

Lastly, he touched on the powerful trading duplication features Shrimpy is known for. He explained how new users gain so much from access to Shrimpy’s forums, groups, and features. In this way, Shrimpy will lead to further Bitcoin adoption moving forward.

Say Goodbye to Signal Groups

Shrimpy combines the best aspects of signal groups and the ease of blockchain. The protocol automates the complicated processes and provides users with a better alternative in the market. It’s for these reasons it’s easy to picture Shrimpy holding a key position in the market moving forward.

Recent years have seen a significant rise in the popularity of decentralized finance. Gone are the days, where crypto holders could only depend on centralized exchanges to trade. It is unfortunate that cryptocurrencies, created to function under a decentralized economy, were being handled under centralized exchanges. However, now holders can keep true to the original idea of decentralization presented by Satoshi in 2008.

Decentralized exchanges offer the same services as centralized exchanges with the promise of giving you full control over your finances. However, DEXes struggle to provide liquidity for its users, who are losing traders to centralized exchanges.

Starcurve is a decentralized protocol that uses advanced DeFi Swap interfaces to match user trading pairs. This article will take an in-depth look into Starcurve and all it has to offer.

What is StarCurve?

StarCurve is a DEX aggregator. DEX aggregators are user-friendly layers, built over decentralized infrastructures that collect trading data and put them in one place for the user.

The DEX aggregators allow users to trade digital assets worldwide by syncing into multiple DEXes anonymously. Furthermore, these aggregators achieve cross-blockchain compatibility, by pulling data from multiple DEX order books and providing traders with the best cryptocurrency prices.

StarCurve aims to improve the current UI and DEX aggregators for decentralized trading by creating a protocol unlike any other. StarCurve is a fully decentralized protocol with a highly advanced DeFi Swap interface, including a fair fee distribution system and advanced matching engine.

The main objective of StarCurve is to encourage the mass adoption of DeFi by eliminating the complicated procedures associated with other DEX aggregators. The aggregator helps traders seamlessly process transactions with its user-friendly UI and matching engine for trading.

Additionally, the aggregator sieves through live exchange rates on several DEXes to present their traders with the best value for their crypto. StarCurves increased usability, and real-time information gives their traders a centralized trading experience on a decentralized platform. Therefore, traders have more reason to perform crypto-asset pair swaps on DEXes and have their orders matched, increasing the assets’ overall liquidity.

Features of StarCurve

User-Friendly Interface

The StarCurve development team continuously improves the UI and matching engine to provide user-friendly decentralized trading. They have prioritized the development of the front end of the platform to make the interface easily usable. The StarCurve interface contains many essential features every trader needs. These include:

Asset Selection

The platform tries to make asset selection as easy and as fast as possible. The trader can switch the toggle above the list to select the asset they want to buy or sell. A trader can also input a contract address to import an asset. The team promises to import more ‘default’ assets later and improve the search option.

Pricing Charts

When traders select tokens they want to buy; the aggregator retrieves the most liquid trading pairs. StarCurve sets the best pairs as the chart’s default, but traders can easily swap to different ones. Currently, the platform has a 1hour and 1day view of chart data.

Trades

The aggregator has a trades list that shows all the recent trades for the tokens users have selected to buy. The platform provides a timestamp that traders can click on to get redirected to the transaction in Etherscan for additional details. All traders can view their past swaps in a trade history table when they log in with their wallets.

Swap

The trade section will show the best possible match for orders and on which DEX is to execute.

Fee Distribution

StarCurve rewards traders on the platform using its native token, XSTAR token. Every trade placed through StarCurve earns the traders XSTAR tokens that act as an incentive for more trade. These rewards are paid out of the liquidity pool and not minted, keeping the XSTAR supply constant.

Moreover, the aggregator adds a fee to trades conducted through the platform (0.25% per trade). 90% of the fees charged are ultimately used as dividends and distributed to XSTAR token holders. The remaining 10% will go into the upkeep and maintenance of the platform. In addition, all unsold XSTAR tokens get added to the liquidity pool.

StarCurve Liquidity

StarCurve will overcome the liquidity challenge by pooling liquidity from multiple DEXes. By syncing into multiple DEXes, the aggregator increases its chances of trade traffic and matching orders, which increases liquidity.

Conclusion

Historically, trading platforms and exchanges struggle to gain traction and maintain liquidity. StarCurve is an aggregator that promises to solve this challenge by giving traders improved services and access to multiple DEXes.

The platform encourages DeFi adoption by enhancing usability and giving traders a better chance of fulfilling their orders. Traders have full control of their assets and can trade anonymously in trustless transactions. StarCurve offers a user-friendly interface combined with token rewards that will attract many users and investors.

Source: Crypto Adventure.

Ether is currently the second most prominent and most lucrative crypto investment with a unit price of $348.45 and a market cap of over $ 39.3 billion. The currency's host, Ethereum blockchain, launched in 2015 with the most futuristic functionalities, including smart contract capabilities.

However, just like all other cryptocurrencies, trading ether comes with many risks, including hacking and phishing attacks, sometimes caused by smart contract vulnerabilities. Therefore, to invest in ether, traders need to ensure their transactions' privacy and security. Moreover, they need assurance that no one can backtrace the transaction to the accounts of origin. Here are a few privacy tips for storing and transacting Ether in 2020.

Apply 2 Factor Authentication Techniques in Wallets

Private keys are digital signatures made of numbers and letters to ensure transactions' approval into and out of the wallet. Unlike public keys, which are shareable, private keys should remain privy to the wallet owner. For the security of these keys, the crypto world introduced crypto wallets that focus on protecting and privatizing transaction details. However, just like other apps, hacking the wallets is easy, especially if there is a lack of security protocols.

Therefore to strengthen wallet security, most wallets offer password authentication techniques to verify account owners and users. Most use a single-factor authentication technique, only requiring one set of passwords or login details. However, if a criminal accesses the passwords, they can easily steal all the ether stored in the account.

A more advanced authentication technique, two-factor authentication, came to solve the problems surrounding SFA. 2FA requires two verification details to allow the user into the account. Wallet owners can, therefore, use both passcodes and biometric identification details to protect their wallets.

Even when an attacker gets access to the passwords, they cannot access the account without the second identification factor. Using biometrics as the second factor hardens access to aliens because everyone possesses a distinct set of biometrics.

Leveraging 2FA reduces the chances of phishing attacks in individual wallets, thus keeping the stored ether safe. The most common 2FA enabler is the google authenticator app, which produces a new authentication key every time a person logs into their account.

Protecting your Private Keys on Cold Storage

Most crypto wallets are web-based; thus, using them requires access to the internet. However, although operating wallets safeguard assets, internet-based wallets are not entirely safe. The internet is a source of severe security challenges like hacking and phishing.

However, there are second options to wallets, offline wallets/cold wallets, that ensure private keys are entirely off the internet. There are two major types of cold wallets.

Hardware Wallets

Hardware wallets like Ledger Nano come in the form of a computer hardware device like a flash disk. A user stores the private key in the offline wallet. Thus internet hackers will not get access as long as the hardware remains unplugged. Moreover, ledger nano implants military-grade security to the hardware wallet's hardening alien access to private keys completely.

Paper Wallets for Cold Storage

Paper wallets are forms of cold storage where the user prints private keys on a piece of paper. Moreover, the user can decide to publish several pieces of paper and place them differently for backup. These wallets are good at storing digital signatures since they are offline and can't be remotely accessed. Using hardware and paper wallets to store ether private keys brings ultimate security for all the stored assets.

Multi-signature Wallets

Multisignature, as the name suggests, is a transaction authentication technique that involves more than one person's signature. In cryptography, multi-signature consists of using more than one private key to authorize transactions. Each transaction requires multiple keys; thus, if a person has only one set of keys, they cannot complete any transaction. Every wallet receives two or more keys, one remaining with the company, the other with the wallet owner, and maybe a third party gets backup access. The third-party key holder must be someone reliable, perhaps a trusted friend. However, a multi-signature wallet is still a hot wallet; thus, it faces problems similar to all online wallets.

Use Bitcoinmix.org (Ethereum Tumbler)

Bitcoinmix.org is a crypto tumbler that ensures ether users and their transactions remain safe and entirely anonymous. The bitcoinmix.org uses specialized algorithms to ensure full security of identity.

Their Ethereum mixer solution manages to keep complete anonymity by mixing ether from different people in one big pool of assets. From the time the ether gets to the mixer, no one can backtrace them to their wallet of origin. Moreover, these assets are not associated with real-world identities, i.e., persons.

During creating an order, bitcoinmix.org doesn't record any personal information. Details about any single transaction are also kept private for the wallet owner only. Additionally, the platform is automated; therefore, after every single transaction, the platform automatically deletes all personal details. Using bitcoinmix.org is the best way of ensuring the ultimate security of Ether.

Final Word

Although trading Ethereum comes with significant security risks, there are many different ways of ensuring that ether remains safe. Foremost, the wallet selection, whether cold, hot, or multi-signature, is the first step to guaranteeing full ether security. Cold wallets can stay offline; therefore, relatively reduces the chances of phishing attacks.

Other wallets offer the option of two-factor authentication, which requires two verification details to use an account. The multi-sig options in wallets ensure that criminals with one set of private keys will not approve transactions.

The best and most reliable way of storing ether safely and privately is using bitcoinmix.org; the platform mixes new coins into a large pool of ether. This mixer ensures coins remain untraceable to their source, thus boosting investor trust. Investors can use any of the steps above, but for ultimate, reliable ether security, bitcoinmix.org is the solution.

An Investopedia report posted in August 2018 claimed that the world bank was looking to invest in a new class of assets in the blockchain business. The World Bank tasked Australia's Commonwealth Bank with creating the new blockchain bond for the world bank to revolutionize the investment world. The new bond is Bond-i, an acronym for 'Blockchain Offered New Debt Instrument' aiming to be the first blockchain-based bond.

Institution of Bond-i came with the world bank realizing the significant benefits of blockchain in the general financial world, especially in streamlining processes. Blockchains can enhance regulatory oversight and bolster operational efficiency, especially in the trading of investment securities like shares and the newly instituted Bond-i. This two-year bond was due in august 2020 and was able to raise 110 million USD.

Moreover, the platform plans to offer real-time updates on participants' emission and ease transacting processes. The blockchain base will help in auditing the transparent, immutable transactions to manage the operational risks. Some analysts think introducing bank-issued bonds was a world bank strategy of expanding its debt disbursement. However, a blockchain-based bond is a good idea that may bring profits to the bond givers.

SYNC Network

The most recent platform to launch a blockchain bond is the SYNC network, which introduces a new class of crypto assets. SYNC assets investment prospects will match those of other assets like cryptocurrencies, stablecoins, and stock in both the crypto and fiat worlds.

This next-generation platform embeds the most advanced technologies in cryptography, making it the most futuristic Defi platform. It introduces a SYNC token pairing and bonding with other coins like bitcoin and ethereum, creating a more robust, dynamic crypto network.

Additionally, the sync network merges two contracts, i.e., SYNC (ERC-20) and crypto bonds ERC-721. These contracts allow the trustless token transfer and interactions between crypto bond investors. There is the trustless transfer between wallets, trustless trading via auctions, and trustless proof of long term position.

Benefits of SYNC's New Crypto Bond

Investing in bonds in the fiat world has mainly been beneficial for investors since the world bank’s inception in the 1900s. However, the introduction of SYNC bonds in cryptography brings a wide range of advantages to the bondholders, the companies, the debtors, and developing platforms. The first and foremost advantage of the SYNC network is the full automation of services.

High Interest and Yields

The platform institutes daily adjustable interest rates for any bond to match the supply-demand forces. Adjusting rates are equally beneficial to the lender and the receiver, depending on whether the rates increase or decrease. However, with adjusting interests, the market will enjoy adequate liquidity since investors will create more crypto bonds when rates are high, while more people will buy and trade current crypto bonds on the secondary market when interest rates decrease.

Cross Chain Funds Transfer

The new SYNC network will give the option of cross-blockchain transfers by the use of REN protocols. The protocols are the most common in transferring transaction values between blockchains, i.e., ethereum, bitcoin, etc. However, some platforms are still not cross-chain enabled; they hinder cross-chain transfers. SYNC networks cross-chain capability inclusion allows the easy exchange of SYNC and other coins at any time.

Ability to Personalize Portfolio

The SYNC platform is also unique since it allows investors to personalize their portfolio for maximizing yields. For instance, an investor can choose to use a 1:1 ratio for SYNC to ETH or BTC investment; however, SYNC sets a minimum of 50% rate for bonding with any token. Moreso, an investor can choose from the extensive portfolio option, i.e., ether, BTC, and many digital assets already implanted in the platform.

High Liquidity

SYNC network erases tokens used to create SYNC crypto bonds from the total supply until the bonds' maturation period. Erasing the tokens ensures the token's long-term sustainability and outstanding performance in terms of liquidity. Moreover, this new interest-earning technique helping to bolster the token's demand, thus high liquidity.

Community Partnership

The Network's community involvement is quite exemplary in this platform, especially using their telegram channel. SYNC community can participate in idea generation and moderation of the forum by sending an application to their email address.

Additional SYNC Network’s Achievements

SYNC Network looks to gain trust from different potential partnerships in the DeFi industry. A recent announcement revealed xBTC’s decision to lock $100,000 of their Uniswap liquidity into SYNC’s Crypto Bonds. In turn, SYNC added $100,000 in SYNC tokens to seal the Crypto Bond creation; xBTC cannot revert their liquidity since the Crypto Bond creation.

Considering SYNC’s bonds with the ERC-20 tokens, xBTC will benefit from the Crypto Bond period. Furthermore, it ramps up the security of investors’ tokens, preventing additional risks of losses. The partnership will push the visions of both companies within the DeFi industry. xBTC is taking a step further into collateralizing its synthetic derivative structure using real tokens across several liquidity pools.

Another advancement for SYNC network is the soon-to-come announcement of their appointed public advisor. The advisor will be a great addition to ensure the community understands more about Crypto Bonds and the roles they play for investors.

Final Shot

Although the SYNC network is not the first platform to generate the blockchain bond idea, it perfects the concept by protecting against similar pre existing systems' flaws. For instance, this platform issues a token for investors and allows for the bond access without auction options. Additionally, unlike any other bond, this Network's interest rate provision is adjustable, depending on the market's demand and supply forces.

SYNC brings a wide range of benefits in interest, from the bonds to other parties and transaction charges. This Network allows for cross-chain fund transfer by leveraging REN protocols; therefore, users get crypto from other blockchains like ethereum and bitcoin.

Investors also gain the advantage of customized portfolios for more lucrative returns and best liquidities. The introduction of crypto bonds into the globe magnify the chances of maximizing returns and mitigating risks.

Cryptocurrencies exchanges offer a safe and efficient means of exchanging digital assets with other cryptos or FIAT currencies. Advancements in crypto exchanges have made crypto trading safe and comfortable. Whether you're looking to purchase cryptocurrencies and hold long term or want to trade frequently, or are interested in anonymity or privacy or enjoy the ease of digital trading assets, the crypto exchange got you.

And with the introduction of cryptocurrency contract trading, several crypto contract exchanges have entered the crypto space. An example is Bityard- a Singapore-based cryptocurrency derivatives trading platform seeking to streamline leveraged crypto contract trading with a “Complex Contracts, Simple Trade” approach. The exchange is relatively new in the crypto space. It has already attracted considerable attention from crypto traders considering crypto contract trading thanks to its ease of use and outstanding features, and comprehensive asset coverage & instruments. Here is an in-depth review of this exciting platform.

Bityard Overview

Bityard is a cryptocurrency exchange found in 2019 at Asia's technology capital, Singapore. The platform is registered as Bityard Blockchain Foundation limited and has been addressed at Paya Lebar Square Singapore. The exchange offers several products, including crypto derivatives and leveraged trading instruments on numerous different cryptocurrencies. The exchange is present in more than 150 countries and supports nine other languages: Portuguese, Russian, English, Traditional Chinese, Simplified Chinese, Korean, Japanese, and Indonesian.

What makes Bityard stand out from other crypto contract trading platforms such as Prime XBT and BitMEX is its unique business philosophy, i.e., “Complex Contracts Simple Trade”. From the philosophy, Bityard aims to make crypto derivatives trading as straightforward as possible and to offer beginners the ultimate simplified trading experience.

Besides being user-friendly, Bityard offers a shallow entry barrier, requiring users only to have 5USDT to access the platform. The platform also provides competitive fees plus a daily mining program that allows users to generate additional income. Bityard is regulatory, compliant, and regulated by four authorities in different jurisdictions, i.e., The American Money Services Businesses, Singaporean Accounting and Corporate Regulatory Authority(ACRA), The MTR of Estonia, the European Union, and Australia's AUSTRAC.

Bityard Exchange Key Features

Trading Platform

The initial aspect you'll realize about the Bityard Trading Platform is how simple the user-interface is. A user can customize the trading layout, plus the chart size is expandable to analyze the chart better. In the default layout, all the markets are towards the left. Charts display correctly at the center of the trading interface. To the right is the order forms followed by live and previous orders.

It's possible to map some trend lines and patterns with the provided trading tools. However, users cannot perform any sophisticated technical analysis on the charts, but third party charting sites, notably tradingview, allows you to perform such advanced technical analysis. At the bottom of the chart are the order management tool to adjust pending and live orders. An excellent feature of the trading platform is that you can close all trading positions simultaneously.

Supported Assets and Trading Instruments

Regarding trading instruments, Bityard supports leveraged contracts, which are very similar to the Contract for Difference (CFD). Since leveraged contracts are supported, there are no order books on the platform. When trading, you will utilize a match by Bityard, meaning you won't get any order slippage on your trades.

Bityard supports a decent number of tradable assets. Some of the platform's supported tradable assets include Bitcoin Cash, Bitcoin, DASH, EOS, Ethereum Classic, Ethereum Classic, Ethereum, LINK, Litecoin, Tron & XRP.

Leveraged Trading

Bityard offered leveraged trading with up to 100x leverage on the platform. Leverage enables traders to receive a higher exposure towards a particular crypto's price increase or decrease without having the necessary assets. Trading in contracts allows users to access enormous amounts of capital through leverage.

In crypto contract trading, leverage is essential to hedge other investments or even protect profits when trading in volatile markets. Bityard offers leverage on every trading pair available.

Trading Fees

Bityard charges two types of fees: an opening fee and an overnight fee. The opening fee is payable when opening a position, while the overnight cost is added on top of the opening fee and charged every night you hold a position. Users receive a 0.05% commission on entry and exit of the position. On Bityard, the opening fee is calculated as:

Opening Fee = Margin x Leverage x0.05%

The platform charges a 0.045% overnight fee, added on top of the opening fee. Calculations for the overnight fees are as follows:

Overnight Fee = Margin x Leverage x 0.045% x Days

Bityard Deposit and Withdrawal Fees

Bityard doesn't charge depositing fees. The platform offers various deposit options, including FIAT currency (Chinese CNY, Vietnamese Dong, and Indonesian Rupiah) and seven cryptocurrencies (Bitcoin, Ethereum, XRP, USDT, TRX, HT, LINK, and EOS). 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.

However, when making withdrawals, the platform charges a fee. Plus, withdrawals are only possible in USDT. The platform's withdrawal fees are quite competitive and roughly 60% lower than the industry average. You can find more information here.

Plans to Integrate Contract Copy Trading

Bityard’s vision to make trading smooth for every party will see a further step through copy trading. The exchange assures users of the feature coming soon as fully-automated for increased convenience. In that case, beginners can follow an experienced trader of their choice to employ their knowledge.

According to the plans in place, novice and pro traders will earn 8% and 10% profits, respectively. To begin, novice traders are required to satisfy KYC verifications. Pros will earn rewards depending on the effectiveness of their skills to beginners. Visit the support website for more information.

Is Bityard Safe?

Bityard offers high-end security features to protect investors' assets. Some of the security features available on the platform include Pin, email verification, SMS authentication, withdrawal address management, and login records. The platform also leverages KYC Verification, where users must complete the KYC Verification by clicking the “Enable KYC Verification” at the top of the “Account Security” page and provide the necessary information, then click “Confirm”. Bityard also boasts of four licenses meaning that it's secure and trustworthy.

Bityard Pros and Cons

Pros

Top of the class Customer Support

Four Regulatory Licenses

No Liquidation

No Slippage

Beginner-friendly

Cons

Withdrawals are possible only through USDT

Limited charting functionality

Poor Order Functionality

Endnote

Bityard is a safe, easy to use, and moderately fast cryptocurrency contract trading platform. The exchange is great for novice traders thanks to its ease of navigation, allowing beginner trade cryptocurrency contracts without being overwhelmed by the complex functionalities and different trading options.

The fact that four authorities regulate Bityard means that it's secure and legitimate. Using the Complex Contract Simple Trade concept, the Bityard platform aims to attract novices and professional traders alike.

As the crypto market approaches the twelve-year mark, it’s vital to recognize the advancements made to date. For years, developers have tried to figure out a way to offer crypto CETFs to investors. These unique financial instruments change the game and provide institutional investors a safer on-ramp into the blockchain sector.

What's all the CETF Hype About?

When it comes to crypto exchange-traded funds (CETFs)s, the hype is real. CETFs provide users a more secure and stable alternative than trading their cryptocurrencies via an exchange. Surprisingly, when you trade a CETF, you’re not actually trading any crypto directly. Instead, you trade partial ownership over a bundle of crypto assets.

Investors desire access to these funds because they are less risky than trading cryptos directly for a couple of reasons. For example, let’s say that you are a major financial institution. You want to participate in the crypto market because you recognize the limitless upside to the industry, however, due to the lack of a solid regulatory framework, you are unable to purchase and trade cryptocurrencies while staying within your risk parameters.

Avoid Regulatory Concerns

Your shareholders are uncomfortable with the risk of regulators shutting down your investment or the projects you invested in. Additionally, you have other regulatory concerns involving the creation of new crypto legislating that could affect your investment’s profit margins in the future. These concerns can range from tax concerns to a risk of crypto projects being deemed illegal investments.

All of these reasons and more are the fuel that drives the continuous push for more CETFs in the market. However, despite this growing demand, it’s proven to be extremely difficult to get regulatory approval for these services. Luckily, one firm pioneered these efforts and has successfully figured out how to offer its users access to these versatile financial instruments.

Unicap

Unicap is a full-spectrum DeFi platform that offers users access to a variety of new-age features and services designed to take their investment experience to the next level. Anyone can easily earn a passive income using the Unicap protocol. Here's how the system works.

Uinicap's CETF is built around a diverse basket of blockchain-based assets. Users gain access to the most lucrative projects in the market. You can even select what projects you want to add to your own custom CETF. Once you have the CETF that meets your criteria, you are ready to begin investing. Notably, Unicap's CETF protocol automatically tokenizes the fund and divides ownership of it into separate tokens. These tokens are what are held by investors.

In this strategy, token holders act as the indirect owners of the fund. They exercise all the rights of a direct owner in that they are entitled to a profit share of any revenue generated from the fund’s appreciation. Also, when it comes time to sell the investment, these token holders receive a percentage of the total sales price proportionate to their percentage of ownership in the fund.

Unicap Does more than CETFs

Another awesome feature provided by Unicap is their DeFi system known as Unicap.Finance. This next-gen portal provides a streamlined approach to crypto investing. Users enjoy access to all of your basic banking features such as deposits, withdrawals, and even taking out loans.

Cryptocurrency Loan Protocol

Unicap shows its pioneering side through its advanced cryptocurrency loan protocol. This yield farming feature allows anyone to earn a passive income with no prior technical or financial experience. Users earn rewards for providing liquidity to other users via a liquidity pool. Other users can borrow funds from this pool with interest.

The platform leverages an autonomous system to determine interest rates based on the Unicap supply and demand for the project. Specifically, the system evaluates the total size of loans and the amount of fund supply based on liquidity. This data is combined with the Uniwap stats to come up with your final interest rate.

Lending Loan Quotas

Anyone can become the bank and earn interest with Unicap. When a user decides to lend their crypto, the process begins with the person locking up their funds in a Unicap liquidity smart contract. The system will then take into account the details of your request such as the amount you staked in the pool and the timeframe you lock these funds.

The system then calculates the exact amount of cryptocurrency you can lend out to other Uniswap users. Since the entire process is automated, it’s very simple for new users to navigate. You just pick out how much crypto to lend, and the rest is done for you.

Instant Loan Approval

Those seeking to get a loan also enjoy a more efficient approach. The network provides loan applicants with instant approvals. This speeds up the entire process and provides more liquidity to the system as loan turnarounds are increased. Amazingly, the introduction of the liquidity pool allows both borrowers and lenders to participate and payback loans as they see fit.

UCAP Tokens.

In the Unicap space, UCAP tokens serve multiple roles. These tokens are what investors receive when they invest in a CETF. Notably, UCAP Tokens live on the Ethereum blockchain and adhere to the ERC-20 token standard. When you invest in a CETF, the initial 90% of your investment remains collateralized via a combination of cryptocurrency and liquidity tokens. In total, there will be 100,000,000 UCAP tokens issued publicly.

Unicap Lets You Earn Today

Unicap has pushed the boundaries of functionality with its latest venture. This platform incorporates all the hottest DeFi features available today. Additionally, it’s the only DeFi platform offering CETFs to users currently. Unicap fills a large niche market in the sector. Consequently, its popularity is sure to increase as the platform's benefits become better understood by mainstream investors.

For more information visit: https://ucap.finance/

The SYNC Network offers DeFi users a practical solution through tradable stakes bonding Uniswap liquidity pairs with a fully trustless ERC-20 token (SYNC).

SYNC offers users the opportunity to earn interest by staking a cryptographic bond to Uniswap liquidity pair tokens (Crypto Bonds).

Crypto Bonds are a new type of fully tradable ERC-721 NFT’s (non-fungible tokens) that lock liquidity on Uniswap and bond it with SYNC tokens.

SYNC tokens locked inside of Crypto Bonds can be paired with other crypto assets to form a unique asset that rewards the user with interest for their time commitment. The ERC-721 trade on the NFT market place, creating a new and unique speculative market for crypto investors.

The SYNC Fair Release Schedule (FRS)

SYNC promises to revolutionize DeFi by boosting the liquidity structures of every pool that associates with it.

This modernized project increases the liquidity power of specific pools through the Crypto Bonds and also deploys a tactic meant to increase the stability of the SYNC token in conjunction with their respective pools.

SYNC tokens will be distributed via a Fair Release Schedule set to commence in about 20 days .300 Million tokens are available for minting for a period of 360 days, with the FRS set to conclude in November of 2021. 50% of the available supply will be available in the first month. First mover advantage could potentially be very incentivizing.

Crypto Bonds are an entirely new asset class that offers users a pioneering speculation tool where groups of interest-earning assets can be traded as one item. They spread downside risk across all the assets bonded to them. Moreover, trading on a secondary market doesn’t impact the spot price of the assets contained within the Crypto Bond.

Investors in the SYNC project stand to earn lucrative interest with quarterly CryptoBonds scheduled to pay out interest on the SYNC tokens every 90 days. For term CBonds, interest is locked for a duration of up to 3 years.

The founders are allocated 15% of the ETH and 15% of the Operational SYNC received in the FRS. 50% will be used for the creation of network CryptoBonds with a large portion going to projects that partner with SYNC Network.

Meanwhile, 10% is set aside for the marketing and advertising budget and 10% for the development of future DeFi financial products.

How to Create a CryptoBond

SYNC Network is launching its own Crypto Bond builder. To create a Crypto Bond, investors are required to have Uniswap liquidity pool tokens (LPT) from one of the SYNC network’s whitelisted pairs.

Next, users should select how many LPTs they wish to bond, and the SYNC interface will auto-populate the SYNC tokens required. SYNC Network requires users to add 50% SYNC to every Crypto Bond to guarantee the maintenance of the token’s strength while supporting assets in the liquidity pools bonded to it.

SYNC tokens are set to be paired with over 150 different liquidity pairs. They have an undefined total supply with inflationary and deflationary attributes. Once a Crypto Bond is created, it cannot be changed, altered, or canceled.

Owners can view their holdings via custom digital documents that display all the relevant numerical info in an easy to view way. They can also transfer their Crypto Bonds to another wallet address at only the expense of a GAS fee.

Furthermore, investors will be able to trade their Crypto Bonds at market value via either auction or the SYNC network’s automated bond market maker.

Visit https://syncbond.com for more details.

The DEXToken Protocol continues on schedule towards its December 2020 public Beta release date. This unique decentralized platform plays a vital role in the Flowchain ecosystem. Specifically, the DEXToken Protocol builds a decentralized exchange platform featuring an unique AMM and effectively connecting Flowchain IoT ecosystems to decentralized finance. 

Staking is a Feature Users Require 

Staking is a blockchain-related process that involves a user locking their cryptocurrency in a smart contract for an agreed amount of time. Stakers receive rewards for their services. There are various reasons to stake cryptocurrencies.

8-Rounds to Stake

In the DEXToken protocol, staking is how the firm increases liquidity. DEXToken does away with initial coin offerings and instead introduces DEXG staking. The firm plans to host eight staking rounds in total. The next round, named LUNA, is set to begin on October 23, 2020. Users that participate in the event receive a respectable reward of 5,250 DEXG. 

LUNA Staking Round

The staking period for this staking event is October 23 – 30, 2020. DEXTokens AMM calculates the staking rewards for each round and mints new DEXG tokens at the start of the round. These rewards are what introduces more DEXG into the market. This approach allows DEXToken to enjoy a very predictable supply. It also allows investors to earn a substantial amount of DEXG in the form of staking rewards. 

BPT LP Token 

To participate in the event, you need to add DEXG to the Balancer shared pool. Once your funds are sent, you will receive a receipt in the form of an equivalent value of BPT LP tokens. These tokens are permanent records of your investment.

Private Alpha Release

According to company executives, DEXToken will unveil the DEX private alpha in the coming weeks in November. This release will allow a select few to experience the DEXToken protocol first hand. 

It will also allow developers to ensure that everything functions perfectly for the public beta release scheduled a month later. The team will monitor where delays occur and make corrections to streamline the platform moving forward

A Superior Platform

The DEXToken Swap Exchange provides investors with a superior UX when compared to its predecessors. The upgraded protocol allows new users to research and execute top quality trades directly from the interface.  Also, investors experience less slippage using this decentralized system.

DEXToken eliminates one of the DeFi communities’ biggest flaws. Since most DEXs don't utilize an order book, they need some way to ensure their offerings are in line with the overall market sentiment. In the past, Oracles served very important roles. Oracles are off-chain sensors that can monitor real-world data. 

What’s an Oracle?

Oracles can send and receive this data to the network nodes. In this way, they help bridge the network limitations of blockchains and allow developers to dream up even more impressive Dapps. Despite these advantages, oracles have one flaw that may prove to be too much for the market to bear, they are centralized.

Centralization Woes

It’s not wise to have any centralized systems entering data into the blockchain. When the wrong information is sent to the blockchain, it may be impossible to delete it. Faulty oracles can make a blockchain's data unusable. Consequently, more platforms than ever want a smart alternative to the status quo.  

AMM

The AMM (speculative' Automated Market Maker) is an alternative to price monitoring oracles in the market. This protocol takes into account the pool liquidity levels to provide a reliable and secure method to determine the actual value of tokens within the ecosystem. 

DEXG Token

The DEXG is the governance token in the ecosystem. It’s the token that users hold to participate in voting. The token plays an essential role in providing liquidity for the swap exchange as well.

DEXToken Beta Launch Approaching

As DEXToken's Beta launch nears, the firm has already kicked up its marketing. The project has a lot of attention at this moment. You can expect DEXToken to see more adoption as the LUNA staking round is only days away.

The cryptocurrency market is complex. Learning about wallets, exchanges, private keys, trading, and the incessant marching of a 24/7 market. At times it can become overwhelming.

Many crypto users want simple ways to manage their funds. Easy asset management, convenient tracking, and organized user interfaces. It's not too much to ask, but the crypto space is still yet to deliver on these simple ideas.

Instead of forcing you to adapt to these complex systems, the rest of this article will present alternatives which can lift the burden and simplify the way you manage your portfolio.

Cryptocurrency Rebalancing

Being online day and night simply isn't possible. It becomes frustrating to see your portfolio drastically change over the few hours you slept the night before.

Fortunately, there is a solution to this precise problem. That is “rebalancing.” Instead of allowing your funds to drift constantly, portfolio rebalancing can keep your portfolio aligned with a set of target allocations to keep your portfolio on track day and night.

This process can be automated using crypto trading bots like Shrimpy. By setting up a rebalance period or threshold, the application will take advantage of the rapidly changing crypto markets to continuously rebalance your portfolio. Keeping your portfolio always aligned with your target allocations.

What is rebalancing?

Rebalancing is the simple act of trading your current portfolio in order to reach a set of target allocations. These target allocations are determined by the trader and will be continuously maintained over time if rebalances are automated on a regular interval called a “Rebalance Period”.

For example, say you have a portfolio of 50% BTC and 50% LTC. You want the percentages to stay at those values. So, in order to keep them at those percentages, as the value of those assets change, you can periodically trade to reach those target allocations again. If BTC goes up to 60%, a rebalance would then sell BTC to bring it back down to 50%.

The frequency of how often we rebalance a portfolio can be configured based on your strategy or how volatile the market is at the time. It?s a low effort way to maintain your desired portfolio allocations.

Trading via Rebalancing

There is more to rebalancing than just resetting your portfolio to the initial allocations. It?s also possible to think about rebalancing more generally. You can imagine rebalancing as a universal way to reach a specific set of target allocations from your current allocations.

For example, going back to the previous example where we had 50% BTC and 50% LTC in our portfolio. If you want to change your portfolio to consist of 50% ETH and 50% XRP, this can be done through selecting those assets as percentages and then rebalance to reach those target allocations.

The rebalance will then execute the trades to sell the BTC and LTC in order to buy 50% of each ETH and XRP.

No effort is required on your side. The trades will automatically execute to sell and buy the assets to reach the target percentages for each asset in the portfolio. You don?t need to pick out every trade or spend a lot of time fussing with the exchange.

Market Indices

One of the most common ways rebalancing has been utilized is with market indices. These indices work to track the market as it changes and evolves. One traditional example of a market index is the S&P 500. This index tracks the top 500 stocks based on market capitalization.

Creating indices is also possible with cryptocurrencies. One of the most popular of these indices is the top 20 crypto assets by market cap. This would include each of the digital assets which make up the highest market cap assets. Generally, these indices will exclude stablecoins like USDT as the purpose is to get exposure to digital assets and not fiat pegged currencies.

Automating an index is a quick and easy way to jump into the cryptocurrency market. It requires little understanding of each of the individual assets while provides an automated strategy with little maintenance.

Indexing can also be done with applications like Shrimpy. By selecting the weighting, asset range, and percent allocation constraints for your index, Shrimpy can quickly build and automate a complete indexing strategy. It?s as easy as setting it and forgetting it.

Portfolio Management

The process of rebalancing a portfolio or setting up a cryptocurrency index falls under the category of portfolio management. These simple high-level strategies offer a solution to the complex world of cryptocurrencies.

Rather than managing a portfolio by trading each individual asset and focusing on the movements of a single crypto, it?s sometimes easier to manage a portfolio by looking at the bigger picture. Focusing on the set of digital assets you would like to hold in a portfolio, then let automation take over.

Portfolio management can be thought of as the process of managing your entire portfolio instead of the individual trades which are required to accomplish the goals of the entire portfolio.

It's a high-level way to think about the assets you have in your portfolio and how they will be automated over time.

Instead of controlling your portfolio trade by trade, manage your entire portfolio with a few clicks.

Build Your Own Automation

That's not all. If you have a knack for working with technical systems, building your own trading bots and automation isn?t out of the question.

There exist universal crypto trading APIs which connect to exchanges and provide the infrastructure to quickly build your own trading, portfolio management, and data resources. Dive into these solutions to begin developing your own solutions and simplify the way you manage your portfolio.

Try it out here.