In the wake of revolutionary decentralized exchanges like PancakeSwap, there have been quite a number of DEXes competing for market share. There are the likes of QuickSwap, JustSwap, KLAYswap, Honeyswap, and several of DeFi platforms seeking to become a worthy alternative to PancakeSwap. Among all these projects, ApeSwap decentralized exchange has caught our attention.
The ApeSwap Decentralized Exchange
ApeSwap is an automated money maker (AMM) and yield farming protocol that is built on the Binance Smart Chain (BSC). One of the most interesting things about ApeSwap is that it has been forked from PancakeSwap. Although PancakeSwap is currently leading the market, ApeSwap sits on number three as the most used DEX for BSC.
One of the many reasons why several projects are beginning to patronize the protocol is as a result of its quick and fast transaction process. Basically, the DEX allows users to swap tokens at a low cost on the Binance Smart Chain. Its highest trading pairs by volume have been USDT, BNB, and BANANA, in that order. From the available data, it is good to note that ApeSwap has a strong grip on the market. ApeSwap is on the 4th place according to DappRadar.
The Features of ApeSwap Dex
Here are some of the major features of DEX that point to the belief that the platform is positioning itself as an alternative to PancakeSwap:
Yield Farming
Users can stake liquidity pool tokens on the decentralized exchange in order to be rewarded with $BANANA. The platform initially launched 5 yield farms, but has grown to add dozens of more yield farms.
Liquidity Pool
A good number of tokens from the partners of ApeSwap have been made available in the pool. Users can easily earn these tokens by staking their $BANANA. The liquidity mining started in February, 2021 with what they called “BANANA Frenzy.”
Initial Ape Offering (IAOs)
This is Apeswap’s version of token offering, and it allows users to invest in new projects launching on the platform. Users can do this by purchasing tokens with either BNB or GNANA. There have been five different project launches on ApeSwap so far.
GNANA is an innovative BANANA derivative token that was created to help limit the activities of whales. For a user to have the GNANA token, that user will need to burn BANANA. Minting the GNANA token comes with a 28% burn accompanied by another 2% reflect fee. The implication is that 28% of 1 BANANA will be burnt while 2% of the new GNANA is redistributed to the current holders. Therefore, for every 1 BANANA, a user will get 0.7 GNANA.
Non-fungible Apes (NFAs)
Just like ApeSwap has its own token offering, it also has its version of the NFT project called Non-fungible Apes. There are currently about 1000 NFAs in existence. This is similar to the approach adopted by CryptoPunks to create a limited number of NFTs. The NFAs were auto-generated, and they come in 5 tiers. The tier 5s are the fewest, and they are more expensive. On the other hand, there are more tier 1s, and they sell for the least amount.
According to Dapp Radar, ApeSwap has been in the top 10 of all NFT projects on any day they have anyone for sale. They are currently building a utility strategy around their NFAs. Anyone who buys one will have early and exclusive access to different areas of the ApeSwap ecosystem.
BUIDL Program
This program is designed to help support new and upcoming projects that chose ApeSwap as their primary DEX. They provide coaching and mentorship sections for these projects, and there are also rewards for every project that completes the program.
Closing Thoughts
With the user-centric and friendly features integrated on ApeSwap, it is clear that the project is here for the long term. Although many relatively new crypto projects often fizzle out, ApeSwap is constantly evolving and positioning itself to bring the best services to its users.
Crypto-infused smart home platform GogolCoin has commenced with its IEO on ProBit Global for GOGOL tokens and bonuses starting on June 24, 2021, at 12:00 KST.
With continued growth in the IoT sector, Fortune Business Insights has pegged the market value at a value of 1.463T by 2027. As digital innovations continue to improve society and provide enhanced comfort, convenience, and peace of mind, the smart home industry, in particular, has grown by leaps and bounds with a projected B2C market value of $182.4M by 2025
According to IoT Business News, the most commonly purchased smart home devices include smart thermostats, smart light bulbs, smart security cameras, smart door locks, smart plugs, and smart speakers. Smart homeowners have increasingly turned to innovative IoT devices to effortlessly establish optimum levels of comfort and safety throughout their properties.
GogolCoin utilizes blockchain to house a centralized digital management system (CDMS) for handling a wide range of services covering administrative and routine maintenance as part of their around-the-clock service expertise. The platform also conducts initial assessments, provides digital blueprints, and runs cost estimates for potential smart home digitization.
Operating on a core value of providing hassle-free, convenient services for fully remote management and peace of mind, GogolCoin taps into its team of professionals that can effectively guide and maintain upkeep for smart homeowners, especially those with multiple properties.
Some of the platform’s key offerings include remote management devices, round-the-clock monitoring services, and preventative measures to address primary homeowner concerns ranging from potential burglaries to gas leaks. GogolCoin resolves key pain points by accommodating tailored specifications with smart devices and daily user need management.
The CSH application helps onboard users not familiar with cryptocurrency for expedited payments using BTC, ETH, or USDT with a range of discounts for users paying for services in ETH or BTC. The platform’s GOGOL tokens can be used to access an expanded range of incentives such as discounts for services including CDMS, smart home design and development, as well as smart house devices.
ABOUT PROBIT GLOBAL
ProBit Global is a Top 20 crypto exchange worldwide servicing crypto enthusiasts with unlimited access to trade and buy Bitcoin, Ethereum and 600+ altcoins in 1000+ markets.
ABOUT GOGOLCOIN
The GSH system is designed to solve a variety of problems faced by property owners, enabling them to remotely manage all aspects of their property securely in real-time and at low costs using precise procedures and mechanisms.
PROBIT GLOBAL IS A BRAND TRUSTED BY MILLIONS OF USERS
100,000+ community members 800,000+ monthly active users 3,000,000 monthly web visitors 50,000,000 users on partnering aggregators and wallets such as CoinMarketCap User interface of Multilingual website supporting 41 different languages Marketing and community support in 8 key languages
GREATMOON is a community oriented Launchpad and audit platform created on the Binance Smart Chain that provides developers with a simple, safe, and effective platform for creating new projects. Filter through the messy landscape in the binance smart chain funds generation system where rugs overshadow a potentially great ecosystem for development and growth.
Initial Decentralized Offerings, or IDOs, come with a myriad of unnecessary risks for both developers and investors. With new tokens popping up constantly, it can be nearly impossible for investors to sort out the gems from the scams and for legitimate developers to stand out from the pack.
Developers looking to launch a new project face the daunting tasks of constructing a fair presale offering, attracting investors that will support their vision, and then providing liquidity for their token. Investors acting alone must sort through a crowded landscape of projects and create their own metrics for evaluating presales.
Projects that is launched on Binance Smart Chain are currently no different from those on other popular blockchains like Ethereum. On both blockchains, inequity and decentralization are present when it comes to fundraising for projects. And an important thing is that a lot of IDO scam projects are the results when IDO platforms do not have a process of checking and validating IDOs before putting it on its launch pad, causing a lot of investors to lose money.
THE GREATMOON SOLUTION
In the spirit of decentralization, GREATMOON provides an ecosystem that empowers the community of GMN token holders to ensure the fair launch of new projects for developers. Through a simple form, developers may submit their IDOs to the GREATMOON community for them to review the project and terms of the presale. The GMN token rewards holders who Stake their tokens on GREATMOON by allowing them to Vote on which projects are launched on the platform and participate in the approved presale Pools, while also earning BNB the whole time.
We provide an alternative route for projects that may want to raise funds to fix the issues facing previous platforms: –
FAIRNESS: As a project with 100% purpose for the community, we offer appropriate levels of decentralization so that users with very small capital can also join IDO on our platform. This creates a fair fundraising system for all members who own GMN.
SAFETY: We are also an Auditing platform combined with IDO launcher, we guarantee the quality as well as the safety of all projects through GREATMOON strict audit process. Which includes doxxing of the required projects and KYC by our partners to ensure that they are very free from rug,ensuring that investors funds are adequately protected.
Unlike traditional launchpads based on who clicks a button first. GREATMOON, we are building a platform which is equitable and fair for everyone while still rewarding token holders. No more whitelist spots based on who fills a form out first and no more high financial barriers to entry. GREATMOON creates fair, decentralized liquidity raised through a quad-round system that makes a tier based guarantee to interested participants based on the quantity of GREATMOON tokens they own.
BENEFITS OF USING GREATMOON LAUNCHPAD
For Projects: After the IDO on GREATPAD, the project has earned its “stamp of approval” for its potential, making it easier to sell IDO and become widely recognized in the community. The community can also evaluate the project directly, this process is designed compatibly so that it will help the developers further improve the projects.
For Investors: Gone are the days that you have to worry about jumping into low-quality IDOs, since if a project has been approved by GREATPAD, it’s quality has been assured, and you will enjoy our cost-effective token sale and listing model. Investors can safely leverage the GREATPAD platform even without in-depth knowledge of this market and still be able to make a profit.
REASONS FOR CHOOSING GREATMOON
GREATMOON has initiated a solution to incentivize and reward all token holders in a way that is inclusive and with a low barrier to entry. The fundamental flaws of existing launchpads is that acquiring enough tokens to participate in the ecosystem is prohibitive, and even if you do hold the tokens, you are not guaranteed an allocation spot. They are based on a first come first serve basis where automated bots can fill the whitelist spots in a matter of seconds. Greatmoon is aiming at creating fair decentralized launches.
Proportionate levels of DAO Governance: Holding a specific amount of $GMN will allow you to vote for different decisions: the more you hold, the higher your impact will be on our development; the community will decide for fees, projects hosted on the platform, updates, and many others.
Dynamic Tier System: Hold and Stake $GMN to join our Tier System: most of the actual launchers have static tiers which can become obsolete also in the middle of a sale, giving uncertainties that reflect on the token price; in order to prevent this annoying phenomenon, we are bringing a new dynamic system that adapts to every market situation and still guarantees a fair pool allocation for the $GMN holders.
Automatic liquidity: Our smart contract ensures that the pre-set initial DEX liquidity of a project pool will be viewable from the pool itself by everyone before it opens. The smart contract also guarantees that the liquidity will be automatically added and locked.
There is also going to be an auto liquidity generation system for holders of the tokens where they can earn by holding tokens. 10% of the tokens are automatically taxed for every transfer done, of which 5% is burnt and 2.5% is distributed within holders of the tokens too, the burner address is also classified as a holder and as-thus, also receives a part of the tokens too, this ultimately reduces supply of the tokens, thus driving the price favorably for the entire market.
UNRUGGABLE, SECURE FREE FROM HACK AND COMPROMISE.(CHECK AUDIT)
THE GREATMOON TIERS
EMERALD – emerald tier requires to HOLD 50000 GMN tokens during a minimum of 7 days to allow the staker to participate in a lottery and potentially be whitelisted for the IDO.
SILVER– At silver tier, users share a guaranteed allocation when staking a minimum of 200000 GMN tokens during a minimum of 7 days. The allocation is weighted based on the Amount of GMN tokens staked.
GOLD – At gold tier, users share a guaranteed allocation when staking a minimum of 400000 GMN tokens or stake during a period of a minimum of 10 days. The allocation is weighted based on the Amount of GMN tokens staked.
PLATINIUM – To reach platinium and be on the nicest moon, it will be required to stake a minimum of 800000 GMN tokens during a period of a minimum of 14 days. The allocation is weighted based on the Amount of GMN tokens staked.
TOKENOMICS (PIECHART) TOTAL SUPPLY: 300000000GMN
Private sale
15%
Presale
45%
Pancake
20%
Partnership
6%
Marketing and airdrop
5%
Development
9%
ROADMAP
STAGE 1– INITIAL- complete whitepaper Complete website Begin team computation and visualization of ideas
STAGE 2– development of smart contract Auditing of smart contract to eliminate bugs Launch and deployment of contract and website Private sale Public sale Official launch on decentralized exchange- Pancakeswap The Launch of GREATPAD(IDO LAUNCHPAD) Listings on some centralized exchange Coinmarketcap/Coingecko Partnerships Launch of the Greatswap, staking pool
STAGE 3- Further developments AMA Launch of further dapp Whitepaper review
Bitcoin and Ethereum have emerged as the flag bearers of the cryptocurrency sector, and are firmly established as the first and second crypto assets in the market cap rankings. Bitcoin is especially influential, as its price moves are typically also reflected in the markets for other cryptocurrencies. Recently, we’ve seen negative news coming out of China souring the sentiment on Bitcoin, which eventually also translated in the prices of smaller cryptocurrencies taking a hit.
According to the news that circulated throughout the weekend, Chinese authorities in Sichuan ordered the miners in the region to pack up their mining equipment starting from June 25. The recent development came off the back of a previous order in five other provinces around the region to the same effect. With the order now spanning across five of the strongest Bitcoin mining provinces in the country, the impact of the development on the digital asset has been felt thoroughly. Before now, Chinese miners were in control of about 65% of the total hash rate Bitcoin hashrate (the power that is used to guarantee security on the network).
Ethereum’s price recently fell under $2,000 amidst the bearish turn in the cryptocurrency market. Despite the unexciting price action, the technical development of the Ethereum project has been showing a lot of promise.
Ethereum developer Tim Beiko recently revealed that Ethereum’s London upgrade will go live on the Ropsten testnet at block 10499401. This block will most likely be mined on June 24. This is a very important step towards the mainnet deployment of the London upgrade, which will bring multiple changes to the Ethereum blockchain. The most notable change will be EIP-1559, which will change how Ethereum’s transaction fee market works. With EIP-1559, the transaction fees will be burned instead of going to miners, but users will still be able to give their transactions priority by including ETH tips for miners.
Family Office & High Net Worth Investments in Blockchain & CryptoCurrencies – Blockchain, Cryptocurrencies, Non-Fungible Tokens (NFT) and Decentralized Finance (DeFi) – 11AM EST
DC Finance announced their next event and invite everybody to their next Tech Family Office Conference that will be dedicated to the world of Blockchain, Cryptocurrencies, Non-Fungible Tokens (NFT), and Decentralized Finance (DeFi) as well as the investment opportunities, and risks involved. This event takes place following PayPal’s adoption of bitcoin, the resurgence of bitcoin and other coins, and the recent interest of high net worth and family offices in this groundbreaking technology.
These topics and others will be answered by some of the industry’s leading names: the corporate session will discuss what the leading corporates are experimenting with in this space, what the researchers see coming up ahead as well as what academia’s top names think. Guests will hear from the investors – from funds to private family offices who invest in the space, where the opportunities lie and what should be avoided; legal & CPA experts will discuss how do the regulators, lawmakers and tax authorities view and approach the space, and on the other end what is the advisors’ points of view – legal and accounting issues (evaluation, bookkeeping etc.).
The New York City High Tech Family Office Meetings are a series of select Semi Annual events dedicated to investments of high-net-worth individuals and single family office executives in high-tech opportunities.
First Euro-pegged stablecoin, the PAR token aims to provide loans and saving through access to DeFi
Mimo, the governance token behind Mimo DeFi, has officially been listed on Bittrex Global. In addition, PAR — Mimo’s stable token which is algorithmically pegged to the Euro — has also been listed. Both Mimo and PAR are available to buy, sell and trade on Bittrex Global, a privately owned top-ranked global exchange by CoinMarketCap.
The Mimo Protocol has a suite of applications that aims to eliminate traditional intermediaries within the Financial Services industry. Providing people with access to credit and stronger returns for their savings that will over time create greater competition and financial inclusion, particularly for the world’s 2.5bn unbanked.
“For over a decade I have been fascinated in how DeFi can be applied to ensure people have greater access and a fairer share of the rewards that Financial Services generate,” said Claude Eguienta, CEO of Mimo Capital. “We are witnessing a paradigm shift in how people approach financial systems and products and the team at Mimo aim to be pioneers in this change.”
“We are very impressed with the team at Mimo, their values and dedication to creating a fairer and more inclusive financial system fulfils DeFi’s promise” said Stephen Stonberg, CEO of Bittrex Global. “With several decades experience on Wall Street, I am very excited to see how traditional systems and procedures can be reconceptualised through the application of this pioneering technology.”
Currently, two trading pairs for PAR and one for MIMO are available:
PAR/BTC + PAR/USDT MIMO/BTC
About Mimo Capital:
The Mimo protocol is a decentralized price-stable token issuance protocol on the Ethereum blockchain. Mimo is a suite of applications that eliminate trusted intermediaries including the PAR token which is the world’s first Euro-pegged stablecoin.
About Bittrex Global:
Bittrex Global has one of the most secure trading platforms and digital wallet infrastructures in the world where customers can access exciting new products. Built on Bittrex’s cutting-edge technology, Bittrex Global provides a high-level experience for professional and novice customers alike.
BadgerDAO & DefiDollar proudly announce the launch of interest-bearing Bitcoin DeFi solutions to the Polygon network. This marks another impressive milestone for decentralized finance solutions involving Bitcoin.
BadgerDAO has focused a lot of its attention on enabling native Bitcoin support for decentralized finance. The world’s leading cryptocurrency is incompatible with this concept at its core due to its minor appeal involving smart contracts. Thanks to these efforts by BadgerDAO, the team has achieved over $500 million in Total Value Locked. Moreover, the team has created vaults, SETTs, and bridges to bring Bitcoin to Ethereum DeFi, allowing the industry to acquire broader liquidity.
BadgerDAO and DeFiDollar are pioneers in DeFi and we’re thrilled to see the possibilities unlocked by the interest-bearing Bitcoin in Polygon’s DeFi ecosystem. Sandeep Nailwal, Co-Founder – Polygon.
Accelerating the adoption of Bitcoin in DeFi requires branching out to more networks. As Polygon has experienced explosive growth over the past few months, it makes for a perfect fit. BadgerDAO and DefiDollar recently launched ibBTC – Interest Bearing Bitcoin as a joint venture. That product is accessible on the Polygon network, as the ecosystem has successfully seen a strong use of BTC in Aave and SushiSwap, among other protocols. A total of $1.3 billion in BTC is being utilized on this network today, a number that will likely increase in the coming months.
To roll out the interest-bearing Bitcoin solution on Polygon, there will be three stages to complete:
Introducing the interest-bearing Bitcoin solution on Polygon with an incentive to leverage the BTC bridge
Build deep liquidity pools on SushiSwap for ibBTC/WBTC, creating cost-efficient swaps with Wrapped Bitcoin. This approach also gives way to optimal yield farming strategies involving BTC on Polygon.
Future deployment of ibBTC after the Badger Bridge and Sett launches have been completed.
Considering how there are other versions of Bitcoin, such as BTCB on Binance Smart Chain and Wrapped Bitcoin [WBTC] on Ethereum, there is a certain degree of fragmentation to address.
Creating a more liquid and composable iteration of Bitcoin across multiple chains will occur through the ibBTC effort. Users will be able to transfer value between the different chains from within the same ecosystem. Those who hold their Bitcoin will continually earn interest. Opting for Polygon as one of the first chains to be supported highlights the potential of this ecosystem and the role it can play in Bitcoin-related DeFi products and services.
About Polygon
Polygonis the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium, etc, and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 400+ Dapps, ~380M txns, and ~1.6M+ unique users.
If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your Dapp, get started here.
BadgerDAO is an open-source, decentralized automated organization that is dedicated to building products and infrastructure of simplifying the use of Bitcoin (BTC) as collateral across many smart contract platforms.
Concordium AG is proud to announce that it has been accepted as a full member of the Japan Blockchain Association. It now becomes the first overseas blockchain platform to join the Association, which comprises over 120 domestic and international companies and organizations. The news comes only a week after Concordium launched the mainnet of its enterprise-grade blockchain, which features a unique built-in identity protocol.
The Japan Blockchain Association (JPA) was established in 2014 as the country’s first general incorporated association dedicated to the education and promotion of blockchain technology. From a small group of founding members, the JBA membership now includes international firms such as Microsoft and Deloitte, along with crypto-native companies such as Kraken and bitFlyer.
Concordium now joins them, becoming the first non-Japanese blockchain platform to do so.
“The Japanese vision for blockchain and cryptocurrency regulation fits very well Concordium’s regulatable, transparent, and sustainable blockchain. We are proud to join the Japan Blockchain Association and look forward to working with the group on activities that support the growth of Japan’s blockchain and cryptocurrency ecosystem,” said Lone Fønss Schrøder, Chief Executive Officer of Concordium.
In joining the JBA, Concordium aims to further its goal of building a stronger connection between blockchain technology and the real world. By participating in JBA activities and working together with other members, Concordium hopes to promote the adoption and development of blockchain technology in society.
Concordium welcomes the opportunity to expand its network into the Japanese blockchain community at an exciting time, having only just launched on mainnet in recent weeks. The launch comes after four successful testnet runs and means that Concordium is now onboarding enterprise developers to start building production-ready applications. The platform’s unique identity protocol uses a hybrid approach combining on-chain zero-knowledge proofs to assure privacy with off-chain real-world identity verifiers to ensure provenance.
About Concordium
Concordium is a decentralized and sustainable public blockchain that solves the shortcomings of traditional blockchains through built-in user identification and Zero-Knowledge-Proofs, which are used to replace anonymity with securing private data. The technology supports encrypted payments, provides relevant authorities the ability to identify users, and allows the user to verify the identity of counterparties.
Based on science-based- and peer-reviewed protocols, Concordiums blockchain has a solid cryptographic focus, with protocols developed by academics from some of the world’s leading universities in this field together with Concordium’s research team. The project is led and advised by senior business executives from industries including banking, automotive, logistics, retail, energy, and telecommunications. It has also established partnerships with several esteemed scientific institutions, including the Concordium Blockchain Research center Aarhus, Aarhus University, ETH Zurich, and the Indian Institute of Science.
The Japan Blockchain Association (JBA) aims to promote a healthy business environment and user protection system for blockchain technology and the cryptographic assets supported by it and to contribute to the development of the digital asset industry in Japan.
JBA activities include promoting interaction among members, detecting trends and taking up various topics through subcommittees and study groups, and sharing knowledge and information. The JBA also analyzes the factors and issues that hinder the development of innovation, organizes discussions, prepares voluntary guidelines, and compiles them as governmental proposals to serve as a platform for cooperation between the public and private sectors.
The JPA was established in 2014 and is Japan’s oldest general incorporated association dedicated to the education and promotion of blockchain technology.
The concept of cryptocurrency mining has a somewhat negative connotation to it these days. Many people see it as a waste of electricity as it requires dedicated and expensive hardware. But what if that was no longer the case, and anyone could mine cryptocurrency with their smartphone?
Equal Mining Opportunities For Everyone With StormGain
In the current crypto mining landscape, there is an inequality waiting to be resolved. Suppose one does not have access to cheap/renewable electricity or the finances for upfront investments for mining hardware. In that case, it won’t be easy to play any meaningful role in this industry. This “skewed” nature of cryptocurrency mining is a problem that seems to grow bigger over time. The time has come to introduce a solution that makes crypto mining more accessible and appealing to the billions of smartphone users out there.
Cloud mining is quickly gaining traction in this industry segment. Not necessarily cloud mining in the way most people think, but rather by leveraging the power of smartphones. StormGain’s solution makes it easy and approachable to venture into cryptocurrency mining. There is no need to worry about logistics, hardware, electricity, or anything else. Instead, it is entirely mobile-based, which has the potential to empower billions of people.
One hurdle to overcome is the cloud mining industry’s lack of transparency and correctness. As a result, many providers claim to offer high yields yet cannot meet expectations. Through its mobile-based cloud mining solution, StormGain lets users mine crypto assets directly. By connecting to remote cloud servers, a risk-free and convenient mining solution remains unmatched by other providers on the market today.
Gaining access to StormGain’s solution is possible through a smartphone or desktop computer. The registration process is quick, easy, and without unnecessary bells and whistles. With potential earnings as high as 0.0318 BTC per day – equivalent to $1,275 – it is essential to make this process as straightforward as possible. Once an account is confirmed, users can mine Bitcoin right away. StormGain’s mining solution has no impact on the smartphone’s performance itself, creating a hassle-free experience.
For users to withdraw and exchange their crypto assets through StormGain, they must meet the $10 USDT profit threshold. It is not possible to withdraw earnings without trading first, yet one can move all profit generated via trading out of one’s account at any time without restrictions. There is no commission for trading and exchanging for all users. Moreover, the platform provides all standard and advanced instruments, including fiat-based purchasing of crypto assets.
None of this would be possible without strong partnerships. StormGain works with the Blockchain Association within the Financial Commission, football club S.S. Lazio, and many others. As a result, the trading product has surpassed a 30-day volume of $6 billion, courtesy of tens of thousands of global traders. StormGain is also the top interest rate provider for crypto traders by CoinMarketCap, further enhancing the project’s market position.
An intriguing aspect about Stormgain is how its mining rewards are calculated. By directly linking rewards to a user’s trading volume, an intriguing correlation is created. Those who trade more volume can earn better rewards from mining. Being active on the platform can significantly impact one’s profit potential, either as a trader, miner, or both. Increasing one’s trading volume and mining speed is relatively easy, as it is possible to trade with up to 200x leverage.
As an added feature, traders can make use of cryptocurrency trading signals. With profitability and probability signals, traders can make well-educated decisions on which signals to follow. Every trading signal has Stop Loss and Take Profit options and Increase and Auto-Increase options to enhance one’s market position if the trend is favorable. Users can also plan their trades through the native Telegram bot.
About StormGain
As part of its services, StormGain’s cloud mining service effectively removes all entry barriers to the mining market. Consequently, there’s no longer a need to invest in expensive mining chips that take up space, make noise, and consume electricity. Contract prices are inherently small so on-going investments can translate to significant profits over the long term. Since the bitcoin mining service is readily available via the cloud, accessing it via desktop and mobile devices couldn’t be easier, with no hardware and time investments involved.
