Tag: BNB

Looking For Passive Income? Turn To Binance & Caged Beasts To Earn $100 A Day

Are you ready to make $100 a day without breaking a sweat? Well, look no further because we have not one but two amazing choices that will give your wallet a serious boost.

In this regard, Binance and Caged Beasts (BEASTS) take centre stage. Whether you’re trading, staking, or participating in their referral program, Binance has got you covered. The brand-new Caged Beasts combines cryptocurrency with gaming, collectibles, and captivating storytelling. Prepare yourself to turn minimal efforts into a consistent income stream with these exceptional options.

Binance’s Referral Program

Discover a fresh and exciting way to earn rewards by inviting your friends to join Binance. It’s super simple: when your invited friend creates a Binance account, and deposits more than $50, both of you will be rewarded with 100 USDT in credits that can be used to offset your trading fees.

This Referral Program thus benefits both newcomers and existing users. Each time someone registers through your unique link, you will receive a commission on the fees they pay whenever they trade on Binance’s Spot or Futures markets.

By default, you receive a referral bonus equivalent to 20% of the trading fees paid by your referrals, and you have the option to share a portion of this bonus with them, typically around 5-10% of the rewards. However, if you maintain an average daily balance of 500 Binance Coin (BNB) or more, your base referral rate increases to an impressive 40%, and you can share up to 40% of the rewards with your referrals.

What’s great about this program is that you’ll receive commissions on fees regardless of whether your referrer trades on Binance’s Spot or Futures markets. This means you can count on receiving a payout from both platforms when you refer people using a Binance Futures referral code or the Spot referral link.

Caged Beasts: Revolutionising DeFi

Caged Beasts (BEASTS) goes beyond being just another meme token. The name is a play on the concept of caged liquidity, which grows and strengthens over time. But there’s more to it than that. Caged Beasts has created a captivating narrative centred around a character named Rabbit 4001. This rabbit, once tortured and experimented on, has now become a mad scientist in his own right. Throughout the ongoing presale, Rabbit 4001 injects caged animals with mutagens, causing them to grow and mutate into powerful and bloodthirsty beasts.

As the presale progresses, these beasts continue to grow and transform, breaking free from their cages and forming a formidable army. It’s an analogy to locked-up funds that compound and grow over time, and here’s the exciting part: each of these beasts will also be featured as part of the upcoming NFT Space.

The introduction of a referral scheme by Caged Beasts provides an opportunity for users to benefit from the project’s growth while also inviting others to join the community. Participants can create their own personal referral codes, allowing them to earn an instant reward of 20% of the deposited amount (in the currency used for the presale deposit) whenever someone makes a purchase using their code. This immediate reward can be spent or withdrawn right away.

Moreover, investors who use a referral code receive an additional 20% in BEASTS tokens, boosting their holdings even further. This two-way incentive structure encourages community growth and the generation of passive income, making the referral scheme an appealing feature for users who want to capitalise on the increasing value of the token.

Combining the thrill of world-building with the prospects of crypto in a DeFi ecosystem with a storyline that keeps you on the edge of your seat: the crypto revolution is on the horizon, and it will be led by the BEASTS. Are you ready to join them?

The Takeaway

So, whether you choose the reliable and dynamic world of Binance or the captivating and interactive universe of Caged Beasts, both options offer you incredible opportunities to earn $100 a day without breaking a sweat. With minimal effort, you can start turning your everyday activities into a consistent income stream. It’s a surefire way to supercharge your earnings and be part of a thriving crypto community.

Join the Caged Beasts (BEASTS) Revolution:

Website: https://cagedbeasts.com

Twitter: https://twitter.com/CAGED_BEASTS

Telegram: https://t.me/CAGEDBEASTS

Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.

June 23, 2023
InQubeta’s Impressive Presale Returns Are Attracting BNB and Polygon Whales

InQubeta’s presale is on fire recently and investors are really starting to pay attention to the new AI wave their project is pushing… so much so that even a few Binance + Polygon whales have switched over and invested. Why are people so excited though? And what makes InQubeta different from all other ICO’s out right now?

InQubeta: Reinventing AI Startups Through Blockchain

The advent of blockchain technology has marked a revolutionary turning point across multiple sectors, creating previously unimagined possibilities. Within the investment landscape for example, InQubeta has emerged as a game-changer, offering an innovative solution for investing in AI startups.

Utilizing the native $QUBE token, a deflationary ERC20 token, InQubeta introduces fractional investment opportunities, redefining the conventional investment experience.

Creating a Democratized Investment Environment

In the era of technology and democratized finance, traditional investment avenues are often deemed inflexible and exclusionary. With the creation of the QUBE token and InQubeta’s NFT marketplace, the investment process becomes streamlined, efficient, and accessible. Blockchain’s inherent transparency and security ensure a trustworthy and fair investment ecosystem, beneficial for both investors and startups.

Leveraging Ethereum: Secure, Seamless, and Future-Ready

Built on the robust Ethereum blockchain, QUBE and the InQubeta NFT marketplace leverage the blockchain’s secure, efficient, and smart contract-enabled ecosystem. The planned move to become multi-chain in Q1 2024 highlights InQubeta’s commitment to staying ahead of the curve, ensuring the platform remains inclusive, diverse, and innovative.

QUBE Token: A Unique Cryptocurrency for Investment and More

The QUBE token serves as a unique, secure vehicle for investment, governed by deflationary mechanisms to maintain its intrinsic value. Each transaction involving QUBE incurs a 2% tax, promoting a gradual appreciation of the token’s value. An additional 5% sell tax is directed towards a dedicated reward pool, incentivizing investors to stake their tokens and earn rewards, thereby encouraging a healthy circulation of tokens within the system.

Bridging the Gap: Fractional Investments in AI Startups

Investment opportunities in AI startups have traditionally been exclusive to elite venture capitalists, limiting the potential pool of investors. InQubeta’s platform goes against the grain and democratizes this space instead, offering fractional investment in AI startups through their QUBE tokens.

This innovative approach enhances the investment accessibility, helping to accelerate the growth of AI technology by welcoming investments from a broader spectrum of sources.

Facilitating Growth: The QUBE Token and NFT Marketplace

InQubeta’s NFT marketplace leverages the QUBE token to create a seamless, secure investment platform. The marketplace allows startups to raise funds by offering reward and equity-based NFTs. Simultaneously, investors can strategically leverage their QUBE tokens to invest in burgeoning AI startups, contributing to technological advancement while enjoying potential financial benefits.

Visit InQubeta Presale

QUBE Token: Governance for Future Innovation

The QUBE token extends beyond investment to empower token holders in decision-making. As a governance token, it allows holders to propose and vote on ideas, fostering an inclusive community where the future of the platform is collectively decided. This democratic governance system not only aligns with the values of decentralization but also ensures the platform continually evolves to meet its community’s needs.

Staking QUBE: Secure Network and Potential Rewards

Staking QUBE tokens offers dual benefits: contributing to network security and performance while potentially earning rewards from the dedicated reward pool. As the quantity of staked QUBE tokens increases, circulating supply decreases, creating an environment conducive to token value appreciation. This deflationary mechanism underlines InQubeta’s commitment to sustainable growth and long-term value creation.

The InQubeta NFT Marketplace: A Hub for AI Startups

The InQubeta NFT marketplace is an innovative platform where AI startups can create and list reward and equity-based NFTs. By purchasing these NFTs using QUBE tokens, investors seamlessly participate in the growth of these startups, while the startups gain the necessary funds and community support. As a result, both parties in the ecosystem benefit from a value-adding, rewarding partnership.

InQubeta, through its QUBE token and NFT marketplace, provides a novel investment paradigm, making AI startup investment more accessible, efficient, and secure than ever before. The blockchain-based platform is not just a hub for AI startups and investors, but a testament to the transformative power of blockchain technology in shaping the future of finance and investment.

Join InQubeta Communities

Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.

May 23, 2023
3 Coins Poised For Greatness—Threshold Network (T), Uwerx (WERX), And Binance Coin (BNB)

After we combed the crypto sphere, we found three coins that could bring great wealth to investors – Threshold Network (T), Uwerx, and Binance Coin (BNB). They all possess distinctive features that could set them apart from other projects. Let’s take a closer look at all three of them and see what 2023 will bring!

Threshold Network (T): A Coin Which Skyrocketed 70%

Threshold Network (T) has a sizable following, and users of the token and those who appreciate it have remained to back the initiative. Through a trustless network, Threshold Network (T) seeks to address the actual issue of consumer safety.

Over the last week, the Threshold Network (T) coin soared by 70% and reached $0.03. The Threshold Network (T) coin saw this jump after the Coinbase listing on January 25. However, it has since cooled off, and the Threshold Network (T) token is currently trading for $0.04305. The future for Threshold Network (T) looks good, but remember that anything can happen in the crypto world.

Uwerx (WERX): Meet The Next Possible Blue-Chip Coin

As many of us know, buying in projects during their early stages is the perfect recipe for excellent gains in the future. You could put this theory to test using Uwerx, an upcoming blockchain-based freelance platform. This technology has never been utilized in this manner, and it could make Uwerx stand out among other platforms, even surpass them, as it snatches the top freelance platform spot!

Blockchain technology will be of great use to freelancers and companies alike! Expect great record-keeping, protection of intellectual property rights, removal of fake CVs and reviews, and much more – thanks to the blockchain! These innovations will likely result in Uwerx becoming one of the best freelance platforms, with countless global followers and supporters.

We believe Uwerx will present an incredible chance to invest in a possible top-tier coin and the best investment option on the market at a solid price. To protect its users and reduce any fear in potential investors’ minds, the Uwerx team has already got a complete audits through InterFi Network and SolidProof, which the project passed with flying colors.

And with just $0.0075 for one WERX coin, this is the perfect time to purchase it! High demand will drive the value up, and WERX could likely see a 7,000% surge by January 2024. On top of that, Uwerx’s presale period is the only time to receive a 25% bonus on purchases.

Binance Coin (BNB): This Coin Will Be Around For A Long Time

The popularity of Binance Coin (BNB) has skyrocketed over the past. The Binance Coin (BNB), currently trading for $309, can be used to pay for trading fees on the Binance exchange.

Over the last month, Binance Coin (BNB) has shown a tremendous 20% price growth. And that bullish pattern looks to continue as the Binance Coin (BNB) trading volume also increased by 1.53% over the last 24 hours.

Although Binance Coin (BNB) may yield you slight gains soon, finding a venture with more use cases and long-term profit potential would benefit you more, in our opinion. With Uwerx, you get a platform that has solid fundamentals and is grounded in an industry that has shown growth and resilience in the most trying times history has ever seen.

Find out more about the Uwerx presale by following the links below, where you will receive a 25% purchase bonus!

Presale: invest.uwerx.network

Telegram: https://t.me/uwerx_network

Twitter: https://twitter.com/uwerx_network

Website: https://www.uwerx.network/

Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.

April 25, 2023
Orbeon Protocol (ORBN), Quant (QNT) and Binance (BNB) Lead The Way In Harnessing The Potential Of Utility Tokens
Orbeon Protocol (ORBN), Quant (QNT) and Binance (BNB) are three examples of utility tokens that have made a significant impact in the crypto space. Currently, Orbeon Protocol (ORBN) is in the presale phase, reaching phase 10 and introducing an interesting $0.0877 token price, making it an exciting opportunity for investors looking to get in early on a promising project.

Buy Orbeon Tokens Here

Quant (QNT)

Quant (QNT) is a blockchain-based project that aims to solve the issue of interoperability between different blockchains, networks and legacy systems. Quant (QNT) provides a unified framework that enables seamless communication between different networks, allowing them to exchange data and assets in a trustless and secure manner.

Quant (QNT) achieves this through the use of the Quant (QNT) Overledger Network, a platform that acts as a gateway to connect different networks. This network is powered by the native token, QNT, which is needed to access the services provided by the Quant (QNT) Overledger Network.

The main reason people are adding Quant (QNT) to their portfolio is its potential to become a key player in the growing blockchain industry. As more and more blockchains emerge, the need for interoperability will become even more critical, and Quant (QNT) is well-positioned to take advantage of this opportunity.

Buy Orbeon Tokens Here

Binance (BNB)

Lastly, BNB is the native token of the popular cryptocurrency exchange platform, Binance (BNB). The token was originally created to facilitate transactions and discounts on Binance (BNB), and it has since grown to facilitate all sorts of use cases in the ever-expanding Binance (BNB) ecosystem.

For instance, Binance (BNB) is used for staking, as collateral for loans and other financial services, as a medium of exchange between different tokens on the Binance (BNB) DEX, and even to invest in different startups on the Binance (BNB) Launchpad.

Ultimately, BNB is an example of a utility token that has become immensely popular due to its utility and widespread adoption. This makes Binance (BNB) a great option for investors looking to diversify their portfolios and benefit from the growth of the cryptocurrency industry.

Buy Orbeon Tokens Here

Orbeon Protocol (ORBN)

Orbeon Protocol (ORBN) is a new platform that is disrupting the crowdfunding landscape by introducing decentralized features that offer greater accessibility, efficiency and security to the crowdfunding process.

In the past, crowdfunding has been a centralized process that is heavily regulated and limited to accredited investors, making it difficult for ordinary people to invest in promising startups. However, Orbeon Protocol (ORBN) changes this by leveraging the decentralized nature of blockchain technology.

The secret sauce of Orbeon Protocol (ORBN) is the fractionalized NFTs used to represent the ownership of company equity on Orbeon Protocol (ORBN). This makes it easier to invest in high-value assets that may have been previously inaccessible to retail investors. In fact, Orbeon Protocol (ORBN) makes it possible to invest with as little as $1.

For startups, Orbeon Protocol (ORBN) means the ability to bypass traditional financial institutions and tap into global capital markets directly. This significantly reduces the cost of access to finance, while potentially increasing the reach of their projects.

Due to its innovative approach, Orbeon Protocol (ORBN) was able to attract over 6,000 token holders for its ongoing presale phase, which is now in stage 10 with a price of $0.0877. This is a promising sign for Orbeon Protocol (ORBN) as it moves into the public sale phase and ORBN hits the major exchanges.

Find Out More About The Orbeon Protocol Presale
- Website: https://orbeonprotocol.com/
- Presale: https://presale.orbeonprotocol.com/register
Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCodex. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.
March 20, 2023
80% of Voters Support Deployment of Uniswap v3 on BNB Chain
Key takeaways:
- 0xPlasma Lab proposed integration of Uniswap v3 with BNB Chain
- The proposal was meant to gauge the interest of the Uniswap community and received 80% of the vote
- The authors of the proposal argue that deployment of Uniswap v3 on BNB Chain could greatly benefit both blockchain products
20 million UNI tokens were cast in favor of BNB Chain integration

A proposal by DeFi and NFT aggregator 0xPlasma Labs to deploy the decentralized exchange protocol Uniswap on BNB Chain garnered 80% of the vote on the Uniswap DAO. In total, 20 million UNI tokens were cast in favor of the proposal, while 4.9 million were cast against it.

BNB Chain (formerly Binance Smart Chain) is the blockchain platform that powers the BNB cryptocurrency. It is a high-performance, decentralized network that enables the creation of digital assets and the execution of smart contracts. BNB is used to pay for transaction fees on the Binance exchange, as well as other services on the Binance ecosystem.

0xPlasma Labs cited several reasons why it would be beneficial for the world’s most popular DEX to integrate with BNB Chain. The company argued that BNB Chain is the logical next step for Uniswap v3’s expansion due to a multitude of reasons, including:
- A large and growing user base
- High transaction speeds and low fees
- BNB Chain’s robust DeFi and dApp ecosystem
- BNB Chain’s support for tokenization and inclination to support new DeFi use cases
- Potential integration with Binance’s products and services
- $1 billion+ of TVL and increased trading volume (which should result in new inflows in the form of collected trading fees)
- Potential increase in the adoption of Uniswap’s NFT offering
- 1 to 2 million new Uniswap v3 users and new UNI holders
The 0xPlasma Labs team highlighted several reasons why the BNB Chain ecosystem would benefit from Uniswap deployment. “BNB Chain has a big DeFi development community that needs a more advanced DEX ecosystem to boost the general DeFi ecosystem development,” wrote the authors and added, “We need to educate all BNB community about what is real DeFi and yield using Uniswap v3 as a reference.”

At the time of the proposal, Uniswap v3 had a TVL (total value locked) of $3.65 billion, split among 5 chains: Ethereum ($3.41B in TVL), Polygon ($101.93M in TVL), Arbitrum ($85.98M in TVL), Optimism ($47.04M in TVL), and Celo ($1.26M in TVL).

The authors estimate that a potential TVL from BNB Chain integration would amount to $1.18 billion, which would position BNB Chain firmly in second place, trailing only Ethereum.

Last week’s proposal was just a “temperature check” to see whether the Uniswap community would support the expansion to BNB Chain. Given the overwhelming support, it is safe to assume that a “real” vote will be taking place soon.

Buy/Sell UNI
January 26, 2023
Binance Claimed Over 90% of Bitcoin Spot Market in 2022 Per Arcane’s Latest Report
Key takeaways:
- Binance’s share of the Bitcoin spot market grew from 45% to 92% during 2022, according to a Jan. 3 report by Arcane
- Arcane highlighted Binance as the clear winner of 2022 and wrote that “Binance is the crypto market”
- Next to Binance, OKX is another crypto exchange that had a fair share of market success in 2022
Binance extends its dominance as crypto trading volume dips

Crypto analytics company Arcane Research released a new report about the state of digital assets markets on Tuesday. One of the most interesting takeaways presented in the report was the fact that Binance further solidified its position as the leading crypto exchange, and by a very considerable margin at that.

Binance’s share of the Bitcoin spot market trading volume surpassed 90% on December 28, more than double what it was at the beginning of 2022 (from 45% to 92%).

At the same time, Binance recorded robust performances across its exchange offering. BTC futures dominance grew from 47% to 61%, while the volume of perpetual crypto contracts increased from 56% to 66%. Other metrics, such as stablecoin dominance and the share of open interest, also improved, albeit by a smaller relative margin.

Drawing from these results, Arcane crowned Binance as “the winner of the year” and added that the growth coincided with Binance removing trading fees for Bitcoin spot trading pairs. “No matter how you look at it in terms of trading activity, Binance is the crypto market,” summarized Arcane.

OKX pulls off an impressive recovery

In addition to Binance, OKX was one of the companies that saw its fair share of success in 2022. Following a highly problematic 2021, which saw a severe decrease in OKX’s market share after the China crypto bans, the company saw a resurgence last year. OKX emerged as one of the leading derivatives platforms, having grown its market share from 8% to 25% over the course of the year.

The market performance of the exchange’s OKB native token closely mirrored the recovery of OKX. The price of OKB grew by 175% in the past 6 months, which elevated the token among the 10 largest market cap currencies. The price forecast for OKB is notably bullish in the short term, as our prediction algorithm predicts another 30% increase in the next month.

Despite some optimism brewing, Arcane thinks that the high interest rate environment in 2023 will persevere and limit the upside potential of digital assets during the next year. Overall, Arcane presented a reserved outlook for 2023:

“This will be a year to accumulate and build exposure. It will be a year for the patient, and we do not anticipate prices nearing former all-time highs in 2023. We believe BTC and ETH will increase their relative strength in the market and that altcoin returns will be subdued for most of the year.”
January 4, 2023
Mina Protocol Ranks #3 as the protocol is set to deploy several important updates in 2023 — Top 3 Coins to Watch for Dec 26 — Jan 1

With no major events or market moves taking place last week, the cryptocurrency sector’s total market capitalization has remained rather stagnant, suffering only a minor decrease from $839 billion to $825 billion. It is very likely that we will see the same slightly bearish trend continue until the end of the year as we do not expect major market movements in the forthcoming holiday week. However, if you are looking for some profit in the last week of this year or just want to enter 2023 with a healthy and balanced portfolio, make sure to read this year’s last Top 3 Coins to Watch article!

3. Mina Protocol (MINA)

Mina Protocol is a simple blockchain, designed to minimize the system requirements needed to run a full node or interact with the blockchain. The Mina network is merely 22 KB in size, which is why it has been repeatedly dubbed the “lightest blockchain in the world”.

In addition, the blockchain size is designed to always stay at 22 KB and not gradually grow as adoption of Mina protocol increases. Despite its minuscule size, Mina maintains a balance between security and decentralization. To achieve that, Mina utilizes Zero-Knowledge Proofs technology (ZK Proofs). Mina started out as Coda Protocol in 2017 but was rebranded into Mina Protocol in October 2020.

Buy/Sell MINA

Mina Protocol reveals an ambitious Roadmap update featuring several big improvements in line for deployment in Q1 2023

Mina Protocol has recently revealed an updated version of the project roadmap, which shows that the team is gearing up to deploy some important upgrades in the first half of 2023. The Mina governance community is going to vote on the proposal that suggest removing supercharged rewards in line with the initial tokenomics plan in the beginning of January. A vote regarding the reduction of the wallet creation fee will soon follow. In addition, the Mina protocol plans to finalize deploying zkBridge (a solution that will make zkApps accessible from Ethereum, and other EVM compatible chains) as well as launch zkOracles and deploy latest version of the On-Chain Voting system in the beginning of 2023. Nevertheless, out placement of Mina on #3 bases on more than just future developments. The project saw several ecosystem developments in the past couple of weeks including the integration of Mina with Ledger and its hardware wallets Nano X and Nano S, which allows MINA holders to securely store their tokens on Ledger devices.

We're excited to announce that the Nano app for @MinaProtocol is now available, allowing you to stake and send your $MINA while keeping your private keys secure! pic.twitter.com/JgZe6G5mCd
— Ledger (@Ledger) December 16, 2022

Furthermore, the integration also allows MINA from cold storage devices to be staked while holders maintain full control of the wallet private keys, making MINA a perfect crypto for holders who also want to put their assets to work. Not to mention that MINA boasts with APYs above 10% for staking MINA as a validator or delegating MINA to existing validator nodes

2. Avalanche (AVAX)

Avalanche is a highly scalable open-source smart-contract enabled blockchain ecosystem. It relies on its own Proof-of-Stake consensus protocols called the Avalanche consensus protocol and the Snowman consensus protocol, which guarantee blockchain immutability while consuming minimal amount of energy at the same time. In addition, Avalanche ecosystem is also highly interoperable – for example Avalanche applications are compatible with Ethereum’s Solidity smart contract programming language and Ethereum-based tokens can be transferred to Avalanche blockchains via Avalanche Bridge. As such it is most often used for various DeFi applications and enterprise blockchain deployments. Every blockchain within Avalanche is part of a subnet, but validators can choose which subnets they want to participate in. Nevertheless, validators are required to be active on the Primary Network, which consists of three blockchains: the Platform chain or P-Chain, the Contract chain or C-Chain and the Exchange chain or X-Chain.

Buy/Sell AVAX

Avalanche rolled out the Banff 5 upgrade

On December 22, Avalanche rolled out the Banff 5 upgrade, which introduced Avalanche Warp Messaging (AWM), a feature that enables a fast and reliable communication between all Avalanche Subnets. According to the official Medium post, the first native Subnet-to-Subnet message has been sent soon after the upgrade deployment, on December 22 at 6:42:29 AM UTC (1:42:29 AM ET). The subnet blockchains that exchanged the message were called “let there” and “be messaging”.

#Avalanche Warp Messaging (AWM) is here–bringing fast, native communications to all Subnets.

🔺 Build your own VM and interoperate with other Subnets
🔺 Compound dApp capabilities by messaging contracts on other Subnets
🔺 No reliance on Bridges
🔺 More! https://t.co/QsKKZIWOlQ
— Avalanche🔺 (@avax) December 22, 2022

Due to this novel seamless native communications solution, assets or data can be transferred across different subnets. AWM utilizes a cryptographic tool called “BLS multi signatures” to verify messages and data on other subnets, which eliminates the need for the chains to constantly communicate and push data between each other. In addition, individual subnet projects will no longer have to deploy and manage their own bridges to communicate with other subnets. What is more, the feature could be extended to other chains in the future to support cross-chain communication and even cross-chain staking of tokens. The launch of AWM itself, as well as the potential future use cases of this feature, could cause AVAX to appreciate.

1. BNB (BNB)

Binance Coin (BNB) started out as an ERC-20 token sold through an initial coin offering (ICO) back in 2017. In April 2019, the Binance rolled-out its native Binance Chain and all the existing Binance Coin ERC-20 tokens were replaced with BNB, which became the native cryptocurrency of the new blockchain. As of today, Binance Chain is still almost completely centralized, with Binance having complete control of block management. Binance gives users who utilize BNB to pay for trading, withdrawal, and listing fees hefty discounts. While this used to be pretty much the only use case of BNB, the coin has a far greater utility now as it allows users to pay for gas fees, earn cashback on Binance Visa card purchases, stake BNB and participate in liquidity pools and other DeFi activities. BNB is also used to determine eligibility to participate in Initial Exchange Offerings (IEOs). Furthermore, the Binance ecosystem is continuously expanding, which means that new products and services are regularly added and many of them give BNB some new utility.

Buy/Sell BNB

BNB Chain became the largest Layer 1 blockchain network in terms of unique addresses

The on-chain data shows that the BNB Chain experienced amazing growth in 2022. The network has witnessed a record-breaking number of transactions, surging as high as 9.8 million transactions in May 2022. In addition, Binance recently announced that the number of unique addresses on BNB Chain crossed 230 million, surpassing the number of addresses on Ethereum. If we judge by this metric, BNB is now the largest Layer 1 blockchain in the world.

BNB Chain now has the highest number of unique addresses outside of #BTC.

This is a testament to the incredible community that is growing by the day.

We are on the road to 1 billion, and we are grateful to have you along with us for the ride.

[1/4] 🧵 pic.twitter.com/FvuJBrtGi3
— BNB Chain (@BNBCHAIN) October 29, 2022

BNB Chain has met numerous other developmental milestones in 2022. Alvin Kan, director of Growth & Ops at BNB Chain highlighted the launch of BNB Sidechain, zkBNB, Binance Oracle, and security initiatives such as AvengerDAO, among the most important features deployed 2022. A full list of BNB Chain’s milestones of 2022 can be found in this official blog post. Just last week, BNB has integrated with Wyre’s API stack, which gives developers access to Wyre’s entire API stack on BNB Chain as well as the ability to directly list BUSD and BNB. In addition, the BNB team has partnered with Fjord and Balancer to launch Liquidity Bootstrapping Pools (LBPs) on BNB Chain mainnet. If the development of BNB Chain, its features and integrations will continue at such high pace, BNB Chain and BNB have a bright future.

December 27, 2022
Litecoin Ranks #2 as LTC’s price breaks away from the market average downtrend — Top 3 Coins to Watch for Nov 28 — Dec 4

The cryptocurrency sector’s total market capitalization has climbed from $840 billion to $858 billion last week. It seems that the sector is slowly recovering from the big bleed caused by the FTX and Alameda fiasco, but this time the recovery is surprisingly not being led by Bitcoin and Ethereum. Rather than that, altcoins like BNB, DOGE and LTC have contributed the most towards the increase in the sector’s total market cap. Will Bitcoin wake up or will these coins continue to be at the forefront of the recovery wave? Find out what we think in this week’s Top 3 Coins to Watch article.

3. Theta Token (THETA)

The Theta Token is the native asset of Theta, an end-to-end infrastructure for decentralized video streaming and delivery that provides revolutionary technical and economic solutions. The Theta platform, which is often called the blockchain alternative to video streaming services like YouTube and Twitch, incentivises various network participants via the use of cryptocurrencies. Several big players from the crypto and IT industry, including Sony, Samsung, Google and Binance, are participating in Theta’s consensus algorithm by running enterprise Theta validator nodes. The project underwent several significant upgrades this year, including the launch of a DEX platform called ThetaSwap and the roll-out of the TDROP token, which is used to incentivize the usage of Theta’s NFT marketplace.

Buy/Sell THETA

Theta is launching Metachain as part of the Theta Mainnet 4.0 upgrade

All is set for the Theta Network to roll-out the Theta 4.0 upgrade to its mainnet on December 1. The mainnet upgrade in question follows the successful launch of the upgrade on Theta testnet, concluded previously this month. With the new and overhauled mainnet, Theta aims to disrupt the subscription-based streaming businesses, pay-per-view entertainment platforms, free ad-supported video platforms such as YouTube and Twitch as well as several other industries (e.g., ticketing platforms, website hosting platforms, sports franchise fan platforms and metaverse industry). Full list of features and the Theta Labs’ vision in full can be found in the Theta Mainnet 4.0 whitepaper. At the focal point of the mainnet upgrade is the launch of the Theta Metachain, which was announced already back in April 2022.

Introducing the next evolution of Theta blockchain – Theta Metachain goes live in Q4 2022. Learn how Theta Metachain is designed to scale to the needs of Web3 businesses in the new whitepaper: https://t.co/5FnRkKgvIp pic.twitter.com/k8L8vpheXX
— Theta Network (@Theta_Network) April 8, 2022

According to the team, the Theta Metachain is an interconnected network of blockchains, or “chain of chains” as they put it. As such it will play a vital role in the scaling of the network. Utilizing Theta Metachain, the network will be able to achieve potentially unlimited transactional throughput while keeping the block finalization time under 1 second, the developers claim. Investors seem to be bullish on the project as Theta Token is currently trading at the price of $0.96 – up by 10% in the past 7 days.

2. Litecoin (LTC)

The Litecoin blockchain is a Bitcoin fork created by former Google employee Charlie Lee in 2011. The Litecoin network has a target block time of 2 minutes 30 seconds (1/4 of Bitcoin’s 10 minutes) and a four times larger eventual total supply than Bitcoin. In addition, Litecoin utilizes a different Proof of Work consensus algorithm called Scrypt. The development process and efforts to increase the coin’s adoption are led by a Singapore-based non-profit organisation called the Litecoin Foundation. Even though Charlie Lee sold all his personal LTC holdings in December 2017, he continues to be involved in the project.

Buy/Sell LTC

Litecoin sets a two-year high price denominated in BTC

Litecoin was one of the biggest movers in the crypto top 40 in the past week as it diverged from the broader crypto market downtrend and gained more than 22%. Since Bitcoin’s price remained rather stagnant, the value of LTC against Bitcoin shoot up by almost 50% in November, resulting in a price of over 0.005 BTC per LTC on November 23. The Litecoin’s price in BTC achieved on that day marks the highest such price in over two years. The pump was likely associated with Michael Saylor, a prominent proponent of Bitcoin, likening LTC to BTC in terms of both being a digital commodity. In addition, Twitter user and crypto analyst CryptoKaleo believes to have cracked the “secret” of Litecoin.

Alright, starting to believe this is the real deal for $LTC / $BTC.

It's long overdue for a solid pump.

Here's how Litecoin works – long periods of slowly bleeding down sideways, followed by a quick pump up to .02 BTC or so when everything else is bearish. pic.twitter.com/OV9w45ml6H
— K A L E O (@CryptoKaleo) November 23, 2022

However, if Litecoin fails to break out of the descending channel, in which it trades on the LTC/BTC chart, the coin’s price might be headed to new lows, so make sure to trade with caution. In addition, LTC holders and potential investors who are planning to be in for the long run need to be aware of the Litecoin halving, that will take place next August and will definitely affect LTC markets. Do you think that we will see LTC at over 0.02 BTC before the halving?

BNB (BNB)

Binance Coin (BNB) started out as an ERC-20 token sold through an initial coin offering (ICO) back in 2017. In April 2019, the Binance rolled-out its native Binance Chain and all the existing Binance Coin ERC-20 tokens were replaced with BNB, which became the native cryptocurrency of the new blockchain. As of today, Binance Chain is still almost completely centralized, with Binance having complete control of block management. Binance gives users who utilize BNB to pay for trading, withdrawal, and listing fees hefty discounts. While this used to be pretty much the only use case of BNB, the coin has a far greater utility now as it allows users to pay for gas fees, earn cashback on Binance Visa card purchases, stake BNB and participate in liquidity pools and other DeFi activities. BNB is also used to determine eligibility to participate in Initial Exchange Offerings (IEOs). Furthermore, the Binance ecosystem is continuously expanding, which means that new products and services are regularly added and many of them give BNB some new utility.

Buy/Sell BNB

BNB pumps to over $310 on the tailwind of several Binance-related developments

BNB is another top coin that saw considerable price growth (+16%) in the past week. The BNB bull run was likely fuelled by the recent Binance-related developments, including but not limited to Binance launching the industry recovery fund to reduce the negative effects of the FTX’s collapse on the crypto sector. While the crypto giant initially allocated $1 billion BUSD for helping crypto companies that got in trouble because of the FTX’s bankruptcy, CZ soon announced that they have decided to double the allocation to the fund:

Yesterday, #Binance allocated ANOTHER $1 billion to the industry recover initiative. All in BUSD.
— CZ 🔶 BNB (@cz_binance) November 25, 2022

In addition, Binance has recently launched a new Binance Launchpad token sale. After a multi-month hiatus, Binance will finally host the HOOK token sale. HOOK is the governance token of the Hooked Protocol, a project that is developing gamified “learn-to-earn” solutions that will help onboard a broader audience to the web3 ecosystem. Interest for the HOOK token is apparently high, as BNB saw a big spike on the day of the Launchpad sale announcement. Last but not least, Binance has successfully deployed a Proof of Reserves System that lets users verify that Binance actually holds their digital assets. For now, the system has only been deployed for Bitcoin, but Binance plans to add other cryptocurrencies and networks in the next couple of weeks as a reliable and verifiable Proof of Reserves system has recently become the cornerstone of investors’ trust in the past few weeks. For now, Binance has managed to keep its good name and has only grown bigger after the FTX’s collapse. Will BNB continue to grow as well?

November 28, 2022
Binance Gift Card Marketplace—New Features that Make Crypto Gift Cards Even Better
Key takeaways
- The Binance Gift Card is a new feature on Binance that makes it easy for users to send and receive gifts and cryptos without any fee
- Binance Gift Cards are useful and convenient not only as gifts but also for regular use due to how simple they are to redeem and put to use
- Anyone and everyone—including non-Binance users—can receive gift cards
- The Binance Gift Card Marketplace now offers new products, including Fixed-Value Gift Cards, Gift Cards with cashback, and Gift Card Mystery Boxes
Since its introduction in 2017, Binance has become a well-known cryptocurrency exchange. Low trading fees and swift transactions have largely contributed to its phenomenal growth. Binance also widely utilizes the BNB (BNB) cryptocurrency.

With a multi-tier and multi-clustered architecture, the crypto exchange platform claims to give high processing throughput, with the ability to execute over 1.4 million orders per second. More than 600 different coins with varying market capitalizations, including Bitcoin, Ethereum, XRP, and many others are supported for trade on Binance.

Binance Gift Card – Explained

A gift card is a type of prepaid debit card that has money on it that may be used for a number of purchases depending on the user’s choice. Store gift cards are made to be used at certain stores or shops, whereas general-use prepaid gift cards are independent of any one retailer and can also be used to withdraw cash from ATMs.

With a Binance Gift Card, you may send and receive cryptocurrencies quickly, easily, and at no cost to both Binance and non-Binance users. The cryptocurrency will be fully credited to the recipient’s Binance funding wallet once they redeem the gift card code.

Gift Crypto with Binance Gift Cards

The following are some of the main advantages of Binance Gift Card:
- Various themes and templates to accommodate the tastes of different users.
- Ease of Deposit and Withdrawal of crypto.
- Easily invite new Binance users by binding your referral code.
- Enhanced security features, including the “Restrict Recipient” function.
Uses of Binance Gift Cards

Most times, sending money or gifts to a friend or family in another country is always marred with many hassles.

You probably already know how stressful it can be to transfer money abroad if you’ve ever spent some time abroad or attempted to help family members who live abroad. It is expensive, in terms of both time and money.

Cryptos show the potential to simplify this process, and Binance Gift Cards aim to help in international transfers in their own ways.

The Binance Gift Card can be used for various reasons depending on the type of user. This new feature on Binance can be utilized by both retail and corporate users, and both will enjoy unique satisfactions, based on their needs.

Gifting

Due to their great degree of personalizability, Binance Gift Cards are not only a fantastic lifestyle gift but also flexible enough to be as unique as you would like them to be.

To show someone you’re thinking of them, you can choose a thoughtful design from the Binance template library or include a message when you deliver your gift.

Every month, new designs are added to the Gift Card store, so users can return to check if they don’t find one that appeals to their recipient at the moment.

Transfer Crypto for free

In spite of the name, Binance Gift Cards are not restricted to sending and receiving gifts. They can also be utilized as a fee-free transfer service to send cryptocurrency anywhere and anytime.

In keeping with one of their primary objectives of helping users attain financial freedom, Binance introduced a tool called Transfer Crypto that enables you to transmit any amount of cryptocurrency to your dear ones for free.

The crypto exchange intends to increase user access to secure remittance by eliminating the minimum amount requirement that many other transfer services impose.

The new Binance Gift Card Marketplace

The Binance app now features its gift card features in the new-look Gift Card Marketplace, which has also introduced some great new features. Let’s have a look.

Fixed-Value Gift Card

Fixed-Value Gift Cards are denominated in stable currencies like fiat or stablecoins instead of their underlying cryptocurrency. Let’s say that you want to gift some ETH to a friend. Instead of loading up a gift card with ETH, you could purchase an ETH Fixed-Value Gift Card.

For example, if you purchase an ETH Fixed-Value Gift Card with 100 BUSD, the recipient will be able to redeem the gift card for 100 BUSD worth of ETH at any time, getting ETH equivalent to the market rate at the time of redemption.

Fixed-Value Gift Cards allow you to avoid the unfortunate scenario where the value of the cryptocurrency you’re sending decreases before your recipient redeems the gift card.

Gift Card with Cashback

The Gift Card Marketplace now offers special gift cards with a cashback feature. If you purchase such a gift card, you will receive another gift card as cashback. You can then redeem the gift card to get some extra crypto. However, gift cards with cashback are only available in limited quantities, and are distributed to users on a first-come, first-served basis.

As an example, the Gift Card Marketplace recently featured a gift card where users would receive a 3 DEGO gift card if they purchased a 100 DEGO gift card.

Gift Card Mystery Box

Gift Card Mystery Boxes provide the chance of getting more than you paid for out of your gift card. When opening a Gift Card Mystery Box, you will get a random reward multiplier that can potentially be significantly larger than the amount you paid for the Mystery Box. The worst-case scenario is that you get what you paid for—you are guaranteed to redeem at least your participation fee, and potentially more.

Now that we’re up to speed with the new features introduced by the Binance Gift Marketplace, let’s go through the process of how you can create, send and redeem gift cards on Binance.

How to Send and Redeem Gift Cards

Here, we will summarize how you can create and redeem Binance gift cards in simple-to-follow steps:

Send gift cards

1. Open the Binance App. Then, select “Wallets” to move cryptocurrency from your Spot Wallet to your Funding Wallet.

2. Visit the home page and select “Profile” – “Gift Card”, then hit the yellow “Plus” icon.

3. Choose “Send Gift Card”. Then, select the crypto you wish to transfer and enter the payment amount. The appearance of your gift card can also be changed. To proceed, click “Buy Now”.

4. To validate the transaction, enter your 2-Factor Authentication code. Your Funding Wallet will be adjusted to reflect the amount.

5. Gift card has been created successfully.

6. The gift card you created can now be sent to the recipient of your choice.

Redeem gift cards

1. After logging in, go to your profile and select “Gift Card” from the menu.

2. Click “Redeem.”

3. Select “Redeem” and enter the 16-digit number from your gift card.

4. Once done, you have successfully redeemed your gift card.

How to Redeem and Convert Binance Gift Card to Fiat

One of the new, exciting features on Binance is the ‘Redeem and Convert to Fiat’ function. It makes it easy for users to convert their Binance Gift Card to Fiat currency.

Once users receive Binance Gift Cards, they can easily convert it to fiat currency by following these simple steps:Start by logging into your Binance app and selecting “Profile” – “Gift Card”.
1. Select “Redeem” and then “Redeem & Convert to Fiat”.
2. After entering the Gift Card redemption code, choose the fiat currency you want to convert the cryptocurrency into. To continue with the cryptocurrency to fiat conversion on Binance P2P, click “Next”.

3. If the platform allows for the conversion of your cryptocurrency, the user will be redirected to Binance P2P. To move on to the “Sell” page, carefully read the instructions and tutorial before tapping “Confirm”.

4. Tap “Sell with 0 Fee” after entering the amount of cryptocurrency to convert. Your requirement-matching order will be generated automatically.

5. The best crypto price currently offered on the P2P market will be used to match your order, and it will then be converted into the local currency of your choice.

6. The cryptocurrency amount will be credited to your Funding Wallet if the Redeem & Convert to Fiat function does not support the cryptocurrency in your Gift Card. By clicking “View my funding wallet”, you can view your balance.

Conclusion

The Binance Gift Card enables faster and easier transactions in the crypto space and can be used by both Binance users and non-Binance users.

With its array of services including, sending, receiving, and redeeming gifts, the Binance Gift Card simplifies transactions for users, making it an added advantage for both crypto users and non-crypto users.
November 25, 2022