Contemporary investors have embraced crypto trading worldwide. This has led to an increase in crypto propriety trading firms that have developed financial strategies to support existing and prospective traders in making crypto trading a reality.

Crypto propriety trading firms provide accessibility to crypto trading capital, allowing investors to trade cryptocurrency with confidence without risking their own money. Crypto prop trading firms provide investors with capital to trade cryptocurrency in exchange for a share of the profits. The more one trades, the more they earn.

Crypto prop trading firms’ investment approach attracts a large number of investors who are seeking higher earnings with lower risk of their resources. HyroTrader is one of the latest crypto prop trading firms that has gained popularity in the trading community.

What is HyroTrader?

HyroTrader is a crypto prop trading firm that has a unique package for crypto investors. HyroTrader investors can access a real crypto exchange account where they can trade directly without using brokers. HyroTrader packages include different account sizes which range between $89 to $599. These packages determine the amount of trading capital that the crypto prop trading firm will offer. Although the accounts have different starting balances, they resemble benefits such as personal support, zero risks, and up to 90% profit share of any amount that you earn and the company keeps 10%. HyroTrader crypto prop trading firm also offers a 5% discount on any account that one wishes to buy.

Features

Funding: HyroTrader crypto prop trading firm provides investors with funds to trade on their accounts. This allows high purchasing power leading to higher profits.

Direct exchange access: The investors have access to key cryptocurrency exchanges like ByBit, which enhances market authenticity and liquidity.

Scalability: The investor has the opportunity to scale their accounts to different higher levels. This is also determined by one’s trading performance.

Profit sharing: HyroTrader crypto prop trading firm offers a transparent profit sharing model allowing traders to keep a portion of their profits. For example, every account allows the trader to earn up to 90% profit share of any amount that you earn and the company keeps 10%.

Flexible account sizes: HyroTrader crypto prop trading firm accommodates investors of different capital and experience levels by offering a range of account sizes. The account sizes range between $89 to $599.

Risk management tools: This includes avoiding quick market movements. Flexibility is a key element in helping to avoid losses during the market’s ups and downs. Navigating volatile markets by using tools such as Velo and Coinalyze offers deep insight into various digital assets. Thus, it results in smarter trading choices and reduced risks to the investor and the HyroTrader crypto prop trading firms. Diverse knowledge of cryptocurrencies helps to keep up with global events, new technologies, and laws. Also, mixing crypto knowledge and powerful trading approaches is a winning policy. Also, understand the HyroTrader crypto prop trading firm’s risk management rules. It results in the success and longevity of your investment.

Educational resources: HyroTrader crypto prop trading firm provides educational resources to help in selecting the account size and improving skills and knowledge.

Take advantage of HyroTrader crypto prop firm.

Now you stand a chance to trade with HyroTrader crypto prop trading firm. Get to the website and create an account.

Complete the challenge by participating in the funded challenge to assess your trading skills. You will have to meet specific profit and loss targets within a given time frame.

Upon completion of the challenge, HyroTrader crypto prop trading firm will provide you with a funded trading account. The size of the funded account will depend on your performance.

Start trading. With the help of the necessary tools and infrastructure, use your funded account to trade on major cryptocurrencies like ByBit.

Carefully read the terms and conditions of HyroTrader crypto prop firm. Be realistic about potential risks and returns and stay disciplined by sticking to your trading plan.

Click here to join the HyroTrader crypto propriety trading firm.

THE CRYPTO MARKET

By Brian Odongo, Content Creator at KuCoin.

The worldwide crypto market valuation rose from $1.20 trillion to $1.28 trillion over the previous days. The Fear & Greed Index’s decline in the past weeks shows that the sentiment surrounding cryptocurrency trading is still negative. Positively, a stronger-than-expected US jobs report supports the dollar and keeps most cryptocurrency pairs under pressure.

Despite plots against the cryptocurrency trade, the market valuation climbed from $865 billion to $916 billion. Stablecoins have been making headway in the market, with USDT and USDC dominating.

The crypto winter was partially over for investors in July, but a string of high-profile bankruptcies indicates that things aren’t quite back to normal for them just yet.

Bitcoin (BTC), Ethereum (ETH), and other popular cryptocurrencies rebounded from their 2022 lows in July despite persistent worries about inflation and increasing interest rates.

The Crypto Market Overview

The cryptocurrency market bounced back in July after a disappointing result in June. In July, Bitcoin prices increased by almost 20%. Its best gain since October is that. As we enter August, bitcoin costs about $24,000 after falling as low as $17,708 in June. In July, the price of Ethereum increased by 58%. The purportedly dead coin is still alive.

Before switching from a proof of work consensus process to more energy-efficient evidence of stake approach in September, the top altcoin was trading at more than $1,700. Bitcoin prices are still down 49% year to date despite the current bounce, while Ethereum prices are down 53%.

With gains of 159.67% over the past week, Lido DAO (LDO) has surged ahead of Polygon (63.64%) and Ethereum Classic (53.33%).

Pax Gold and TerraClassicUSD (USTC) had the lowest performances over the past week. USTC has decreased 12.46% to $0.05, and PAXG has decreased 4.66% to $1,715

Top Altcoin Gainers and Losers

Top Altcoin Gainers:

1. Lido DAO (LDO) -159.67%
2. Polygon (MATIC) — 63.64%
3. Ethereum Classic (ETC) — 53.33%

Top Altcoin Losers:

1. TerraClassicUSD (USTC) — 12.46%
2. Pax Gold (PAXG) — 4.66%

News Highlights

Some of the events that made crypto news in July are;

Celsius Files for Bankruptcy

On July 13, Alex Mashinsky’s centralized crypto lending platform Celsius filed for Chapter 11 bankruptcy. The platform claimed to be more reliable and secure than a bank in the past; most of its marketing focused on how better they were than banks. However, the site has locked customer funds for several weeks.

All Celsius clients received an email stating that the company voluntarily filed Chapter 11 reorganization papers. The same company that handled Voyager Digital’s bankruptcy proceedings also held theirs. However, Celsius’ balance statement indicates a $1.2 billion shortfall; therefore, it is not yet clear what will happen to users’ funds.

BTC Bulls vs. Bears

According to Grayscale Investment’s most recent study, the crypto winter might continue for an additional 250 days if previous market cycles repeat themselves similarly. Grayscale observes that the Bitcoin market exhibits cyclical oscillations that resemble its traditional counterparts.

In contrast, Glassnode notes that more than 80% of the entire value in USD invested in Bitcoin has been held for at least three months, indicating that the majority of the Bitcoin coin supply is idle and that the way holders are handling this is similar to how markets bottomed out in the past.

Polygon Selected for Disney’s Accelerator Program

Polygon successfully earned a spot in Disney’s esteemed 2022 accelerator program. Although this year’s program primarily focused on other technologies, such as augmented reality (AR), NFTs, and AI, this Ethereum-based layer two scaling solution was the only blockchain to be invited.

Ethereum Developers Announced the Date of the Ethereum Merge

Developers of the Ethereum blockchain publicly announced the switch from the Proof-of-Work (PoW) consensus method to the Proof-of-Stake (PoS) consensus mechanism. The developers have specified September 19, 2022, as the anticipated merge date.

Since the announcement, the price of Ethereum has increased by over 22% and nearly 30% as a result. Despite a positive short-term outlook, economists believe that the present rise is unsustainable and that traders and holders should prepare for a move to the negative.

Slow Decline in Influence of USDT and USDC

Although they continue to occupy the third and fourth spots in the market capitalization rankings, the top two Stablecoins by market capitalization, USDT, and USDC, have been gradually losing market share over the past few weeks.

The previous week’s activities have significantly influenced the cryptocurrency market, with many of the top 100 cryptocurrencies registering double-digit gains. Due to this, stablecoins lost some of their market dominance because they accounted for most of the week’s worst performers.

The Fear and Greed Index is still reporting “Extreme Fear.”

Compared to the previous week’s reading of 22, the Fear and Greed Index is currently at 20, a minor decrease. But if the market keeps pushing higher, we might soon see the index reversing course and heading toward the midpoints.

Despite the positive week that has just passed, the sentiment on the bitcoin market has remained negative and scary. The “severe fear” signal of the Fear and Greed Index reflects this attitude. The uncertainty surrounding recent bankruptcy filings by platforms is the main factor contributing to the feeling.

Bitcoin (BTC/USDT) Analysis on KuCoin Chart

The top cryptocurrency recently continued its upward movement after breaking beyond the $20,000 barrier two weeks ago. BTC/USD was rising beyond $22,000 according to data from KuCoin and Trading View, but it was stopped just short of the Fibonacci retracement resistance level at $22,900.

Bitcoin has found support in the daily 21-moving average, which is currently hovering around $20,500, as it has declined from its recent high. The largest cryptocurrency by market capitalization is attempting to break through its current barrier and move above the $23,000 level. As it crossed 54 points on the relative strength indicator, the price of bitcoin entered the intermediate zone. This might mean that if there isn’t a big push to the upside shortly, there could be a decline approaching its support levels.

The biggest cryptocurrency by market capitalization, Bitcoin, is currently in the bottom portion of the Fibonacci retracement, with its upside resistance levels being $22,900, $26,150, and then $28,780. On the downside, Bitcoin may find support around $18,800 or $17,650.

BTC/USDT Chart on the Daily Timeframe:

CONCLUSION

After the Wall Street trading week ended with modest gains for American equities, the cryptocurrency market has modestly recovered from the same point in the past weeks. Bitcoin (BTC) has been consolidating higher.

Stablecoins are nevertheless progressively losing market share due to the cryptocurrency market’s growth. But USDT and USDC are winning the race. Outflows are more significant than inflows on the current exchange. Click here to start trading on KuCoin.

REFERENCES

https://www.kucoin.com/zh-hant/blog/weekly-crypto-analysis-bitcoin-slips-to-18-month-low-major-reasons-behind-a-crypto-sell-off

https://www.kucoin.com/zh-hant/blog/btc-passes-22k-dollars-ethereum-and-celsius-in-highlights

KUCOIN’S NEW LISTING CHALLENGE

By Brian Odongo, Content Creator at KuCoin.

KuCoin is the “Peoples’ Exchange” as it offers low and attractive trading options to its users compared to other crypto traders. It has introduced New Token Listings, which the users and its grading have positively received according to the CoinMarketCap and CoinGecko.

With more than 700 assets and more than 1200 trade pairings, KuCoin is the leading alternative currency exchange. Numerous cryptocurrency treasures, including BLOK, CHMB, VR, KMA, and DAO, have KuCoin as their principal listing.

Over 20 million users in 207 countries and territories currently have access to KuCoin’s spot trading, margin trading, peer-to-peer fiat trading, futures trading, staking, and lending services.

The KuCoin’s New Listing Coins in July and August 2022

KuCoin has been proud to announce different New Listing Coins in July and August. Among them include;

1. Fracton Protocol (FT)
2. Wombat (WOMBAT)
3. Wombat (WOMBAT) Platform and how it works.

There is rapid growth in gaming industries, and analysts have projected that the sector is likely to generate $196 billion in the year 202

2, up from $178.2 billion in the year 2021.

The games are run in a closed environment, in a centralized manner (games are under the control of a few game publishers and developers); hence only a few people can benefit from the sale of game items.

In restricted environments, players do not own them despite paying for in-game objects. Additionally, players are not paid for their time playing the current games. The blockchain addresses these issues by making it possible for game producers to incorporate a play-to-earn (P2E) model.

The P2E gaming paradigm is better for players even though it prevents widespread adoption. And the primary difficulties include convoluted onboarding procedures, confusing user interfaces, inadequate NFT marketplace, trading infrastructure, and security concerns. Wombat addresses the P2E challenges and has launched a fully-equipped Web 3 gaming platform.

What is Wombat?

Wombat is an open Web3 gaming platform launched in June 2019, and so far, it has over 2.6 million users. The project’s primary goal was to make it simple for traditional gamers to transition to the Web3 gaming environment.

The Wombat Platform integrates NFTs into AA and AAA games from top game companies, fusing the best features of Web2 and Web3. The Gamers on Wombat can quickly discover the latest games with crypto or NFT monetary mechanisms, store, manage, transfer, and interact with NFTs and cryptocurrencies.

Game progress and NFTs can be exchanged between players. Using Wombat, gamers can also trade, lend, borrow, stack, and swap their cryptocurrency and NFTs for fiat on top exchanges and other third-party marketplaces.

How Wombat works

Ethereum, Telos, Heco, Polygon Chain, Avalanche, Fantom, WAX, and EOS are the nine blockchain networks supported by the Wombat Platform. In some networks like EOS, WAX, and Telos, Wombat covers the transaction cost and allows users to sign 10x as many transactions daily to help improve the experience of the users.

The Wombat app is on Android, iOS, and chrome platforms. The app has dApp explorer for users to interact with dApps on different blockchain networks. Within the Wombat app is also an NFT gallery for viewing and completing functions of NFT.

The purpose of WOMBAT

Wombat ensures gamers who participate in the community activities with Wombat are rewarded. The primary use of Wombat is to support payments within the app.

Gamers can vote on specific criteria for Wombat’s planned NFT market. Wombat token holders can vote on projects within the wombat ecosystem.

Why Wombat is Unique

1. Wombat offers users a non-custodial wallet that stores the user’s private keys.
2. Wombat app can back up users’ credentials on users’ Dropbox Or GDrive accounts for security purposes.
3. Wombat users can sign in 10x as many transactions daily on some blockchain networks.
4. Fracton Protocol and How it Works.

Since 2014, Non-fungible tokens (NFTs) have signified ownership over assets; however, their nature prevents ownership division inhibiting adoption among small asset collectors. NFT collections have floored prices exceeding one ETH, approximately $1,500.

The traders, collectors, and public have rolled out Fracton Protocols to address the liquidity problem associated with NFTs.

What is Fracton Protocol?

The Fracton Protocol is an NFT liquidity infrastructure that offers permissionless liquidity and an oracle for all types of NFTs. It has two steps of fractionalization (ERC721-ERC1155-ERC20).

This project aims to separate the financial layer from the NFTs’ usefulness. Fracton is simple to integrate into CEX and DApps and provides solutions for inter-protocol liquidity providers and fractionalized NFT market makers.

The Fracton Protocol currently supports BASIC and PUNKS as fractional systems. Over time, the project hopes to incorporate additional major NFT initiatives.

How Fraction Protocol works

Fracton Protocol starts minting campaigns for a specific digital collectible before it sells a BAYC NFT. By selling Blind Boxes to the general public, the protocol raises money. Collection and Round are two features of Blind Boxes. Fracton deposits numerous obtained BAYC NFTs in the BAYC Meta-Swap as part of the Collection option. In this Meta-Swap, Fracton treats each NFT as though it were valued equally. Shareholders in Collection Blind Boxes own a portion of the BAYC Meta-Swap.

But for one BAYC NFT to be purchased in Round, 1,000 Blind Boxes must be sold. With this choice, regardless of whether the BAYC acquisition is successful, Fracton will use the monies generated responsibly.

After the minting round is successful, Fracton buys the desired BAYC and adds the digital item to the Meta-Swap. Users can open blind boxes in this location to obtain people’s BASIC. Users can use the platform to remove People’s BAYC to remove BAYC from the Meta-Swap.

Fracton uses the money it has raised to repurchase all accrued ERC-20 fractions in the case of a failed purchase. By guaranteeing that each ERC-20 token has equal ownership of one NFT in the Meta-Swap, this mechanism helps curb the inflation of ERC-20 tokens.

Why Fraction Protocol is Unique

The Fracton Protocol enables users to buy, own, or sell top NFTs in small quantities. This strategy encourages more people to enter the NFT market and actively take part in trading the most valuable. The Non-Fungible Crew, a collection of 10,000 NFTs with profile pictures (PFP), is available on Fracton. The Fracton ecosystem will give holders of these NFTs the ability to act as decentralized verifiers collections.

One of the goals of Fracton is to develop an open, decentralized, and cooperative NFT fractionalization protocol. Due to its role as the protocol’s governance token, the Fracton (FT) token is essential to the project’s goals.

CONCLUSION

Fracton Protocol exposes a large population to top NFTs by fractionalization of top NFTs. With a competitive advantage over online markets that only permit the trade of full NFTs, this strategy makes the platform stand out as an NFT trading platform for ordinary investors.

The move by Wombat to combine a wallet, dApp browser, and NFT marketplace into one app streamlined the onboarding process and user interface for traditional players who want to explore Web3 gaming. Working with top Web2 game studios and publishers also positions Wombat for success. Click here to start trading on Kucoin.

REFERENCES

https://www.kucoin.com/zh-hant/news/categories/listing

https://www.kucoin.com/id/blog/all-you-need-to-know-about-fracton-protocol

https://www.kucoin.com/zh-hant/blog/what-is-wombat-and-how-does-it-work

OCO Order and how it works.

By Brian Odongo, Content Creator at KuCoin.

The crypto exchanges have exponentially risen, and many users currently trade cryptocurrencies easily. Crypto exchange users can use numerous tools to estimate trade opportunities from technical, fundamental, perspective, and sentiment.

Cryptocurrency users do not need to trade their crypto assets through brokers or advisors as long as they venture well into the business. Crypto users need knowledge of the trading features they are venturing in.

KuCoin developed Spot Combined Convert, a live request for quotation platform that users can use to convert over 20 different assets without difficulties.

Spot Combined Convert (SCC) allows users to execute crypto conversions just by a click button with no trading charges rather than going through the whole tiresome process of understanding the fee structures.

What is a One Cancel the Other (OCO) Order?

One Cancel the Other Order is a special order that enables cryptocurrency traders to place two separate orders simultaneously. It combines a limit order with a stop limit order and places them simultaneously. OCO works to enable both limit order and stop limit order to be executed one at a time and ensures one is canceled as soon as the other is executed.

Limit order: this is among the popular orders used for buying crypto. The limit order purchases or sells an asset at a specified price. Limit orders investors are guaranteed to pay their specified prices or less, unlike in market orders where the sellers dictate the prices of the assets. The limit order is executed at a limit price or above.

Stop-Limit Order: it combines a limit order and a stop trigger. The stop limit order traders can set a minimum amount of profit they are ready to realize and the maximum loss they are willing to make on a trade. The traders must wait until the triggered price is reached after placing the stop limit order. The limit is automatically placed even if the trader is logged out. The stop prices act as the trigger prices for the exchange to place a limit order. The limit prices are set higher than the stop price, and the trader can customize the limit price.

How can you use the One Cancels the Other (OCO) Order?

One cancels the other order and combines the limit order with the stop-limit order.

The investors can automate their positions by setting an OCO order to make profits and losses.

OCO is invaluable for traders that may want to step out of their trading station and let the order is executed automatically.

Seasoned traders strategically place stop limit orders by considering resistance and support levels and the asset’s volatility.

How One Cancel the Other (OCO) Order is placed on KuCoin

Traders using the OCO order on KuCoin have to log in to their KuCoin account and check the trading interface for the preferred cryptocurrency trading pair to use, like BTC/USDT.

Select the OCO order located on the other order types.

Once an OCO order is selected, the OCO interface is presented on the page as shown above. The different fields on the KuCoin OCO order interface include;

• Price: It represents the price of your limit order. The amount will be seen on your order book. You have to set the number to the place you may want to exit your position and take a profit if your trade is successful.
• Stop: it represents the stop-limit trigger price. Asset price replaces the regular limit order with a stop limit if a specified trigger is reached. Traders must place stop triggers higher or lower than the stop-limit price to ensure the orders are filled at the recommended prices.
• Limit: it represents the price of your stop-limit order. The amount is visible on the order book after the stop prices have been triggered. The numbers are set at the exit existing position and loss if the trade is lost.
• Amount: it represents the value of the order placed.

Example of KuCoin OCO Sell Order

If a trader buys 0.001 BTC for 20,500 USD, this price can go up or down, and the trader needs to minimize losses.

OCO Order to be placed on utilizing the profit-taking limit is 22,000USDT, and the order to minimize loss at the stop limit is 19,500USDT.

Click on the advanced orders button at the bottom end of the KuCoin trading page to find and monitor the position or cancel it.

If the price of BTC rises above 22,500 USDT, then the prediction is correct, and the sell order is executed while the stop-limit order cancels automatically.

If the price of BTC drops below 19,000 USDT, the trader is in the wrong; the stop-limit order is triggered to minimize losses if the price drops.

The asset cannot be locked until the order is triggered.

What are the advantages of the KuCoin convert function?

1. KuCoin convert charges are free because the trade market is volatile, making the conversion spread on contained prices allowing KuCoin to lock the price for a short time.
2. Conversion is executed with just a click button; hence traders do not have to go through the tedious process of understanding the fee structure.
3. The transaction is settled on the trader’s KuCoin account even if the trader chooses to use either their main account or trading account.
4. Transactions have minimum and maximum limitations with a specified amount as indicated on the entry fields.

CONCLUSION

KuCoin users who trade on the convert function can easily monitor and trade without difficulties; the traders can trade on free convert, tight slippage, and fast transaction executions.

One Cancel the Other orders allow trades to trade automatically with surety on how the trade is secured. Traders can minimize the losses made by triggering the stop-limit order.

OCO order trader assets are not locked unless triggered, and the order can only be triggered if the asset is sufficient. Sign up here and start trading on KuCoin.

REFERENCES

https://www.kucoin.com/nl/blog/everything-you-need-to-know-about-oco-orders-kucoin-tutorial

https://www.kucoin.com/news/kucoin-launches-spot-combined-convert

https://www.kucoin.com/nl/convert

How to Buy Crypto on Lbank Through Credit Card

By Brian Odongo, Content Creator at Lank

Lbank is renowned for its innovation in the global trading of cryptocurrency exchanges. Lbank has specialized financial byproducts, safe crypto trading, and professional asset management services. Lbank has over 7 million users from more than 200 regions. Lbank uses various payment methods to accommodate novice users who normally test the market because they do not have cryptocurrency knowledge and are uncertain about spending their money. Experienced users also have their preferred method of buying cryptocurrency for reasons such as saving extra cash or saving time that the process tale to complete.

Cryptocurrency users need to understand the trading procedures of a cryptocurrency exchange to make the right choice when transacting from their bank accounts or crypto wallets to Lbank.

How do I buy Crypto on Lbank using a credit card?

You must have registered as a user with Lbank to be able to trade cryptocurrency.

Step 1: You log into your Lbank account, click {Buy Crypto} and then click on the Credit card.

Step 2: Enter the amount in the {I want to spend} and select the Crypto that you wanted to buy under the {I want to buy} field. Then choose {payment method} {click search}. Select a third-party platform that you want to trade on the list provided and click {buy now}.

Step 3: Check the order information and click the {confirm} button.

Step 4: Complete the details to pass the Identity Verification (KYC) on the third-party platform. Upon successful verification, the service provider immediately transfers and exchanges the cryptocurrencies into your Lbank account.

Step 5: On the top right-hand corner of your screen, you will find an option indicating order, and a processing orders notification will pop up.

Can I Sell Crypto Using Credit Card?

Step 1: Log into your Lbank account and click buy {crypto}- {Credit/ Debit Card}.

Step 2: Click sell on the top left side.

Step 3: Enter the amount in the {pay} and select the crypto you want to sell. Then select the fiat currency you want to receive and the payment method, click {search}. Choose a third-party platform you want to trade on the list provided and click sell now.Enter the amount in the “Pay” and select the crypto you want to sell. Then select the fiat currency you want to receive and the payment method, and click “Search.” In the list below, choose a third-party platform you want to trade, and click “{Sell Now}.”

Step 4: Check the order, then click the {confirm} button. On the checkout page, follow the prompts to complete the payment.

Step 5: On the top right-hand corner of your screen, you will find an option indicating order, and a processing orders notification will pop up.

How Many Currencies Does Lbank Support?

Lbank supports 149 fiats to buy currencies such as HTG, BTN, and GBP. To enable an efficient buying procedure, Lbank uses different channels, including Banxa, Xanpool, and Simplex. There is also Mercury, Moon pay, Paxfool, and Coinify.

How do I Register with Lbank?

Click here to register on Lbank. Note that, it is a must to have an active email address and a secure password. To ensure that the password is secure, it must contain at least 8 characters, including one uppercase letter and one number if you have been referred to Lbank by a friend fill in the referral ID option.

You must enable a two-factor authentication 92FA).

Step 1: Open the Lbank app and click login or register.

Step2. Click register and enter the email address, the password you will use for your account, and a referral Identity. Check the box next to {I Understand Banks’ Terms of Use} and tap {->}.

Step 3: Drug the sider to complete the security verification puzzle.

Step 4: You will receive a verification email in your inbox where you are provided with a link which you will open and fill, and a verification code which you should fill within ten minutes. If there is no response in the mail, click send code to get another email with a verification code.

How can I Be Sure My Credit Card Will be Useful In Lbank Crypto Exchange?

Assess your credit card to determine whether it allows cryptocurrency exchange and the charges involved.

Confirm whether Lbank has introduced any buying changes to avoid inconveniencing when you are ready to purchase crypto.

The Bank user should fund their credit card by ensuring that you enter your credit card information and linking the card to your exchange account.

Other considerations when buying crypto using your credit card include the foreign exchange fee, which you might incur if the exchange is based outside the U.S. Typical foreign fee exchange is 3%.

Bottom line

Your credit card can be hacked if you give your details to others to use it on your behalf. So ensure that you keep all your credit card information confidential.

Reference

https://support.lbank.site/hc/en-gb/articles/4413452430361-How-to-Buy-Crypto-with-Credit-Debit-Card-Web–

https://www.lbank.info/buy-otc.html#/buy

https://www.cryptowisser.com/exchange/lbank/

https://support.lbank.site/hc/en-gb/articles/4413452430361-How-to-Buy-Crypto-with-Credit-Debit-Card-Web-

NEW LISTING CHALLENGE

By Brian Odongo, Content Creator at KuCoin.

KuCoin is the cryptocurrency exchange that enables users to buy, sell and trade other cryptocurrencies. Compared to other competitors, it has been found to offer low trading fees, an attractive option.

It has grown to be among the most prominent global exchanges by trade volume since it was founded, and now it’s in more than 200 countries with over 10 million users.

In June and July 2022, KuCoin introduced New Token Listing, including Moonwell (WELL), OpenLeverage (OLE), REV3AL etc.

1. Moonwell (WELL), and How It Works.

The Decentralized finance (DeFi) sector has addressed shortcomings associated with the legacy financial system. DeFi has interfered with the roles of the traditional financial system.

DeFi has enabled the unbanked population to access their financial system through smartphones and internet services.

DeFi has eliminated the fee charges introduced by traditional financial services and ensures users can store funds in their wallets instead of bank accounts.

Moonwell was launched as an open lending and borrowing platform and supported several cryptocurrencies like; Ethereum (ETH), Wrapped Bitcoin, Moonbeam (GLMR) and Polkadot (DOT). It also supports some Stablecoins like; USD Coin (USDC) and Frax FRAX.

Moonwell:

Moonwell is a DeFi protocol offering traders open lending and borrowing programs. The platform’s main priority is to curb security issues that DeFi space has been subjected to for several years. Moonwell works with top security firms to ensure it provides intelligent contract support and audits its code.

Moonwell is working to ensure it educates and provides vital information to DeFi for users to have good knowledge of the lending and borrowing platform. It has created community-based forums where users can watch and access added videos, guides, tutorials and announcements regarding lending and borrowing platforms.

Moonwell also engages the community directly, allowing the users to share their interests, passions and ideas.

How does Moonwell work?

Blockchains (Parachain) can communicate and send assets to each other with the help of Polkadot. Polkadot also enhances security and low transaction fees. Kusama lowers barriers to entry. Moonbeam combines both Polkadot and Ethereum.

1. REV3AL and How it Works:

Non-Fungible Tokens (NFTs) have been developed to ensure creators benefit from their creative work by protecting them from being plagued by counterfeiting and theft. Unfortunately, NFTs have not stopped the malicious actors from selling the stolen arts.

Most of the shortcomings in the NFT technology affects both creators and collectors. The technology has made it difficult for the IP owners to enforce claims for their copyrights and does not give the original details of the creator.NFT collectors cannot verify the authenticity of digital collectables in their possession.

REV3AL is launching a multi-layered authentication and copyright protection solution that can protect collectors, IP owners and brands against fraud through counterfeiting and intellectual property theft.

What is REV3AL?

REV3AL platform is a blockchain-agnostic multi-layered authentication system used to secure asset registries and portable API Solutions.

Users can use the REV3AL platform to authenticate their digital media assets before THEY launch them. They can also check on any counterfeit or altered media by verifying the authenticity of NFTs.

How REV3AL Works:

REV3AL offers a platform to authenticate digital media assets before launching and verify any altered or counterfeit assets.

The platform offers anti-counterfeit protection through overt, covert and forensic security techniques. Covert features are obscure and hidden; overt features are visible, while forensics features use depth knowledge.

REV3AL applies authentication layers in creating an effective and dynamic anti-counterfeit solution.

REV3AL token will be essential in verifying digital assets through the REV3AL community.

REV3AL holders can also vote on some projects in the Marketplace. Platforms also allow members to earn and contribute to charitable projects.

Why is REV3AL Unique?

REV3AL works for viewing and securing data offline, even in the Physical world.

REV3AL uses high technology on its platform to ensure digital media assets are secure from alterations and counterfeiting.

With these security features, REV3AL makes a future proof solution resistant to sophisticated attacks.

1. OpenLeverage (OLE), And How It Works:

Margin trading has been developed to allow traders to practice both long and short crypto trading pairs. Decentralized Finance (DeFi) has disrupted the operations of the traditional trading system.

Traders can leverage their positions and access more capital to realize more profits. Crypto seeks to eliminate the intermediaries in the centralized trading platforms.

OpenLeverage launched a permissionless margin trading platform that enables lenders to provide funds borrowed by margin traders. Lenders earn interest depending on the market demand.

What Is OpenLeverage?

OpenLeverage is a lending margin platform where traders can access long or short crypto pairs without seeking permissions from centralized entities.

OpenLeverage can connect users to DEXes like Uniswap, SushiSwap, PancakeSwap etc.

Traders can invest depending on the risk they can manage. The platform also allows traders to calculate the collateral ratio with the actual time market maker prices for any DEX trading pair.

OpenLeverage can create OnDemand oracles which can update automatically depending on the trading interest using time-weighted average price (TWAP).

How Does OpenLeverage Work?

OpenLeverage involves more transparent borrowing and trade. Trade is restricted to the rules of the smart contract. All funds are secured on a smart contract until all the positions for lending are in place.

Anyone is allowed to create lending pools on any token listed on DEX. Once the lending pool has been created, other users can add liquidity to allow traders to borrow. Interests vary from one lender to another, depending on the utilization pool.

Tokens are given to users who finance the lending pools, accumulating interest after a given time. Users can convert Tokens to the number of their underlying assets.

The collateral ratio is to be above the market limit to avoid liquidation.

What Makes OpenLeverage Unique?

OpenLeverage is permissionless. Traders can create a lending pool for any trading pair available in DEX without seeking permission from a centralized entity.

The protocol has been designed to resist flash loan attacks. Users cannot open and close a position in the same block. Features prevent attackers from price manipulation.

Why is KuCoin The Go-to Platform for Trading and Investing in These Tokens?

• KuCoin is the ‘People’s Exchange’; hence, it can be accessed by investors of all classes.
• KuCoin has over 700 assets and 1200 trading pairs and is the top 1 altcoin exchange.
• According to KuCoin CoinGecko and CoinMarketCap, KuCoin is one of the top 5 crypto exchanges.
• KuCoin provides lending to over 18n million users in more than 207 countries and regions.

CONCLUSION

OpenLeverage has disrupted the operations of the DeFi sector by operating a crypto margin trading protocol. Traders do not need to seek permission from centralized entities.

DeFi has also disrupted the operations of the traditional financial system by operating the Moonwell trading system. The unbanking population can access their financial system through smartphones and network services.

REV3AL provides a security system to the creators and collectors of the creative arts. It has provided solutions to problems that could affect the growth of digital assets in the NFT markets.

REFERENCES:

https://www.kucoin.com/blog/what-is-ole-and-how-does-it-work?title=What%20is%20OpenLeverage%20(OLE)%20and%20How%20Does%20it%20Work%3F%20%7C%20KuCoin%20Crypto%20Gem%20Observer

https://www.kucoin.com/blog/what-is-rev3al-and-how-does-it-work1

https://www.kucoin.com/blog/what-is-well-and-how-does-it-work

EARNING PROFITS WITH RATE-UP COUPONS OF KUCOIN EARN

By Brian Odongo, Content Creator at KuCoin.

KuCoin allows every investor to earn a profit, regardless of their portfolios. Whether one is a new or experienced investor, if you want to earn more, you can focus your passive income game on a new product, Rate-Up Coupons from KuCoin. The cryptocurrency exchange program will enable new investors to have more opportunities for earning.

KuCoin is the most popular exchange for altcoin exchange and has provided different financial vehicles for new users to earn passive income.

Investors can obtain KuCoin Earn, Trading Bot or Crypto Lending to start earning passive income.

KUCOIN EARN:

KuCoin earns a platform that offers wealth management assistance to investors in cryptocurrency to earn passive income. Access KuCoin, the website.

It has everything a severe investor may require to earn passive income. The key features of KuCoin include; KuCoin Staking, Promotion, Parachain Auction and Burning Drop.

KuCoin earns very flexibly, and its flexibility is its most significant selling point and uniqueness. It also has double staking rewards and multiple choices, giving investors opportunities to stake and earn passive income.

Features of KuCoin earn:

• Savings: investors can save just like they are saving in a bank. They deposit their assets and earn a reward. The saving scheme is flexible and allows investors to easily subscribe and redeem their funds. Always deposit your money in a flexible account to allow you to redeem it anytime.
• Staking: involves using a proof of stake blockchain to lock your digital assets for a particular time. The stake platform is very straightforward due to the proof-of-stake consensus mechanism. Staking duration is flexible, and users can choose the periods favouring them.

There are also fixed staking periods (21,30, or 90 days), and the users can choose between the fixed and flexible periods. In fixed periods, users are restricted from redeeming their staked fund for a certain period, while in flexible stake, users can redeem their staked funds anytime.

• Promotions: this users’ opportunity to yield higher from the deposited cryptos. Investors are given particular investment opportunities on a first-come, first serve basis. It also comes in flexible and fixed options. In fixed promotions, traders lock their tokens for a fixed period, while in flexible promotions, they can redeem their tokens at any given time.

• Burning Drop is a KuCoin product where users can lock crypto assets and earn the associated reward at the end of the process. The platform offers a fair distribution of tokens, and users can find the tokens supporting the burning drop interface. Blockchain tokens are well distributed.

How to Subscribe for Products On KuCoin Earn:

1. Sign in to KuCoin. On the top bar menu, go to “Earn”, then scrolling down, check on” KuCoin Earn” as shown below:

1. Click “KuCoin Earn” on the page, scroll down to “stable”, then choose the coin product you want to subscribe. Then click “Subscribe.”

1. Savings:

Click on ‘Savings”, choose the product you want to save, and click “Transfer”.

You can then decide on the deposit amount and “Confirm.”

Staking:

Click “Staking”, then choose the stake product and click” Transfer”, and choose the staking amount, then click “Subscribe.”

Promotions:

Click” Promotions”, choose Fixed or Flexible promotions you are subscribing to, and click “Subscribe.”

1. Once your subscriptions are successful, you can select the product type in your Financial Account to view all your purchases. Click “Assets”.

RATE-UP COUPON:

Rate-Up Coupons Is an exclusive bonus on KuCoin earned to increase the interest rate in the subscribed products.

Rate-Up Coupons are issued with KuCoin and are used to increase the profits of the KuCoin Earn products.

How Rate-Up Coupons work:

1. Coupons increase the interest rate of the KuCoin product.
2. KuCoin Rate-Up Coupon can become outdated after the validity period is over.
3. Coupons are used for the interest of certain KuCoin-bearing products.
4. Each coupon limits the duration of boosting the interest in KuCoin-bearing products.
5. Coupons have an interest limit rate, the maximum interest amount obtained on KuCoin-bearing products.

How can you claim Rate-Up Coupons on KuCoin Earn?

1. Sign in to KuCoin, click “Earn”, then scroll down to click “KuCoin Earn”, scroll to “Claim bonus: and click it.

Enter “KuCoin Earn Bonus Center”, then check on the available Rate-Up Coupon and “Claim.”

Alternatively, you can go to KuCoin Earn Bonus Center and claim the available coupons.

1. Enter the code you received on the ‘Enter your claim code” on the KuCoin Earn Bonus Center web page.

How to Level Up your KuCoin Earn Income with Rate-Up Coupon

1. On the KuCoin Earn Bonus Center web page, click “My Coupon” to check your coupon activity.

1. A pop-up window on the platform will show you have earned a coupon.

You’ll see the products subscription page if you click the “use” button.

The KuCoin Earn dashboard will show you all your subscribed products.

CONCLUSION

The KuCoin earn Is platform offers wealth management assistance to the investors in cryptocurrency to earn passive income.

KuCoin has provided investors with financial vehicles that they can use to earn passive income.

Beginner or experienced investors can sharpen their passive income game through the new product Rate-up Coupon.

Rate-Up Coupons are issued with KuCoin and are used to increase the profits of the KuCoin Earn products.

REFERENCES:

https://www.kucoin.com/blog/how-to-claim-rate-up-coupons-and-level-up-your-earn-income

https://www.kucoin.com/blog/everything-you-should-know-about-kucoin-earn

https://coincodex.com/article/14909/what-is-kucoin-earn-and-how-does-it-work/

HOW TO USE STRATEGY TRADING TO TRADE LIKE A PRO

By Brian Odongo, Content Creator at Binance.

Binance Future has created a user-friendly tool allowing you to buy and sell orders automatically.

Grid trading is buying and selling orders automatically at different intervals and price ranges in Binance Futures.

Binance launched a Strategy Trading Landing Page, which provides users with a comprehensive display of how to trade like a pro with Binance.

What Is Trading Strategically?

Trading Strategically involves having fixed plans you can use to buy and sell to generate a profit as your Return on investment. There must be designed security for the plan.

Strategy trading involves buying and selling futures contracts automatically on a system.

Grid trading has been designed for present and future businesses. Good trading strategies are consistent, quantifiable, and verifiable.

Benefits of Strategy Trading.

1. Creating your trading strategy can be time-saving, fun, and accessible.
2. Creating a working strategy can make it easy for you to stick to your trading plan because Strategy is your work.
3. You can use previous data to establish a business that will make you a profit and a business that will make you lose.
4. Traders can profit from slight price fluctuation, especially in ranging markets.
5. There is room for a trading bot with enhanced functions that enable users to better manage their positions and risks.

Future Grid Trading:

Grid trading is buying and selling orders automatically at different intervals and price ranges in Binance Futures.

The future Grid trading technique is designed so the user can make profits on small price changes. You’ll have a more significant trade frequency if you include more grids.

There is a Long/Short Grid strategy where you trade with market trends within a grid trading system. The critical difference between Long/Short Grid trading is the initial opening position. Long Grid is opened for a long strategy, while Short Grid is opened for a shorter plan.

What Is TWAP Algorithmic Trading?

Time-Weighted Average Price (TWAP) is an arithmetic trade execution plan purposely designed to achieve an average execution price to close up the time-weighted average price of the user for a specified period.

When to Use TWAP Algorithm

TWAP trading algorithm is usually executed for large orders and mitigates their significant impact on the market.

What Is Volume Participation Algorithmic Trading?

The Volume Participation (VP) trading algorithm enables traders to introduce strategies to execute larger orders with specified levels of urgency.

The volume participation helps limit the order market impact while targeting the average market price over the execution period.

When can you use a Volume Participation algorithm?

You can use the Volume Participation algorithm to execute an order strategy aiming to perform a sizeable notional order more extensive than the available market liquidity while minimizing the

market’s impact.

How to Use Strategy Trading Landing Page

Binance’s Strategy Trading Landing Page includes Volume Participation, Grid Trading, TWAP, and trading features that can use automated algorithms.

The Strategy Landing Page displays Spot and Futures Grid Trading Strategies, their performance, and Popularity, allowing traders to replicate their parameters.

How to access the Strategy Trading Landing Page:

Access the Strategy Trading Landing Page on Binance or Binance Futures’ trading interface.

1. Go to Binance and click [Trade] then [Strategy Trading]

1. Go to Binance Futures’ trading interface and click [Strategy Trading]- [Overview].

You can directly access the Strategy Trading Landing Page HERE.

Features on the Strategy Trading Landing page:

1. Spot Grid: a trading bot designed to automate the buying and selling of spot trading.
2. Futures Grid: apply Grid Trading Strategies to Binance’s’ Future Contracts.
3. TWAP Algo: a trading algorithm where users can break down large orders into small portions and place them at regular intervals to avoid price impact.
4. Volume Participation (VP) Algo: a trading algorithm that can execute large orders with specified urgency.

How to visualize the performance of Grid Trading Strategies and Popularity via the Strategy Pool selection

Using filters:

Select Spot Grid or Futures Grid for the type of Strategy.

Select a given trading pair for Markets

Choose between seven-time intervals options

Choose specific ROI intervals for orders

Specify symbol categories (e.g., CEX, DEX, Layer 1, Metaverse, NFT, etc.)

Check the corresponding PnL and the Return on investment for the available Spot trading and Future contract for the business period.

Copy popularity shows how often your order has been copied across the Spot Grid or Future Grid on Binance.

Direction can show the present direction of the Grid Trading Strategy.

Adjust Grid Trading Parameters on Spot Grid and Futures Grid.

Select [Use Parameters] to see the orders and the parameters.

Spot Grid Parameters Replication.

FINAL THOUGHT

Binance Grid Trading has automated the buying and selling of Future contracts. Traders can now make profits from slight price fluctuation, especially in ranging markets.

Binance Future has created room for a trading bot that can enhance functions and enable traders to manage their positions and risks better. The Strategy Landing Page provides users with a comprehensive display of Spot and Futures Grid Trading Strategies along with their performance and Popularity, simultaneously allowing the traders to replicate their parameters quickly.

REFERENCES

https://www.binance.com/en/support/faq/904e47602a3941b99e960a31e152a986

https://www.binance.com/es-ES/support/faq/f0c2bd5bc16c40b9998d22549e91cd1c

https://www.binance.com/en/support/faq/b0b94dcc8eb64c2585763b8747b60702

https://www.binance.com/en/support/faq/f4c453bab89648beb722aa26634120c3

https://www.binance.com/es-LA/support/faq/093927599fd54fd48857237f6ebec0b0

All you need to know about p2p Bitcoin and crypto exchange

By Brian Odongo, Content Creator at Binance.

Peer-to-peer (P2P) Bitcoin is a platform that connects crypto exchange Binance users who buy and sell Bitcoin using over 300 payment methods and over 70 fiat currencies. Binance users buy and sell Bitcoin and other cryptocurrencies directly using local currencies without intermediaries or third parties. The exchange process for the users is secure because they use a traditional exchange that prevents direct transactions with the counterparty. The customers use charts and market aggregators to determine the prime time to buy.

Market aggregators are digital platforms that post the latest crypto exchange information for Binance investors to stay up to date with the latest exchange rates, suitable fiat currencies, and the latest crypto exchange developments. The market aggregators include ads and post ads that the buyers and sellers can browse on their own. P2P allows beginners and advanced users to compare commodities before buying, which helps in providing more detail for clarification of the process and the requirement for each exchange. The exchange process also controls where the platform ensures that users create accounts and verify their identities.

What are the advantages of Binance P2P?

• Safeguarding Transactions through Escrow

Binance P2P protects buyers and sellers by reducing fraud risks by safeguarding their transactions. Before the traders confirm their transactions, Binance P2P uses escrow to secure cryptocurrency commodities by holding Bitcoin or any other cryptocurrency in use until the transaction has been approved. Once verified, Binance credits the seller’s account with the crypto currency and the buyer sends the seller fiat currency.

• Global Marketplace

P2P Bitcoin and crypto exchange has penetrated the global market, which enables the users from over 180 countries to buy and sell cryptocurrencies within a short time

• Zero Trading Fees

P2P Bitcoin and cryptocurrency trading in Binance do not charge transaction fees to the buyers and sellers. Zero trading charges make the sellers and buyers among the few cryptocurrency exchange platforms search after it.

• Multi Payment Methods

P2P exchanges allow multiple payments, including face-to-face transactions prevalent among many customers and those who do not have access to bank accounts.

• Personalized Offers

Buyers and sellers can personalize their offers where they display their preferred payment methods and prices using ad posts. Crypto exchange offers different payment methods and local currencies; the buyers and sellers can personalize their offers too.

• Customer Support

Binance customer support team is available to offer solutions to the investors who experience challenges with their P2P trading counterparts. The Binance customer support team communicates through email, where they establish solutions between the two parties. Conflicts between Binance users are solved through a P2P system where both parties get the opportunity to open an appeal

• External Restrictions

P2P Bitcoin regulations are interceded with traditional crypto exchanges where transactions are expedited interpersonally in market places.

• Flexible Amounts

Crypto exchange users can start their investment with as little as $3. If they focus on larger crypto orders, they can seek assistance from experienced block traders to buy or sell on their behalf.

• Fast Transaction Speed

P2P cryptocurrency users can buy Bitcoin within five minutes, and the most extended transaction can take three working days. The duration is determined by the method of payment the investors use. Binance trust wallet is accessible, secure, and fast. Investors can download the wallet app on their devices to track charts and prices, exchange crypto, view their collectibles in one place, and earn interest on the crypto in their wallets.

• Live Trade Chat

Live trade chat is a support system that enables investors to chat with their counterparty to clarify payment requirements before completing the transaction. The investors also get to know each other regarding their investments and preferences for their commodities.

How to start using Binance P2P

Step 1

On the main screen, click on {P2P Transaction.} At the upper left corner of the Transaction interface, you will see {Buy.} Tap on it.

Step 2

If you want to place an order, select a seller and crypto and tap on “Buy” if you desire to have an order placed. You will then have to choose between Buy {With Crypto} or {With Fiat.} After that, have the right {Amount} entered and then select your desired {Payment Method.} Once you complete this, tap on {Buy} in the command bar.

Take note that if you want to have the ads filtered to match your needs, you have to click the funnel button that you can find under Buy on the upper right corner of the Deals interface. Then, select {Payment Method} and {Amount.} Aside from that, choose the fiat currency that you desire. Above the button with a funnel shape, two arrows point to the opposite direction that you can use to select VND as a legal currency.

Step 3

Go to the page on payment information by pressing the {Transfer} button.

In your banking app, have the payment information for the merchant copied and then provide the merchant with the payment. After you complete the payment, tap on {Paid, next.} Next, click on {Confirm.} After doing this, you will have your status updated to {Pending Released.} Once the payment receipt is confirmed, wait until the merchant releases the crypto.

Step 4

Once the crypto gets released by the seller, the transaction is complete. You will then go to the screen on the completed transaction with the message {Funded to your wallet.}Tap on {View wallet balance} and choose {Transfer} so you can switch between Spot wallet and P2P wallet and begin trading.

Conclusion

Binance P2P Bitcoin and cryptocurrency is a process that is affordable to beginners and advanced investors. It is also fast, and the different methods allow investors to opt for their preferential transaction method. The availability of live trade chat enhances the seller and buyer’s confidence and trust. P2P live trade chat also creates potential opportunities for the sellers who can create a cryptocurrency trading niche for clients who want to use the personalized offers for pricing strategies and fiat currencies they present to their counterpart parties.

KCS Market Potential In 2022

By Brian Odongo, Content Creator at KuCoin.

Kucoin has been designed to accommodate all classes of investors. These investors include beginners and advanced cryptocurrency users from developing and developed countries. To be precise, Kucoin was launched in 2017 in Seychelles, a developing country in the Eastern part of Africa. During this time, Seychelles’ overall GDP was $1.52 billion, which was a 4.82% growth rate. Compared to developed countries such as the USA, whose GDP rates at $19,542.98B, Kucoin believed that starting its business cryptocurrency venture in Seychelles would set the pace for diverse market segments and market shares. Businesses that lay a platform for low economic populations have growth potential because the market prices can attract many people who can invest with little. Kucoin has different trading platforms that allow customers to choose their preferences based on their investment capability.

Kucoin Assets and Pairs

Kucoin has a considerable market share potential among the many cryptocurrency exchange platforms because it supports over 700 assets, including Bitcoin (BTC), Ethereum (ETH), and Binance coin (BNB). Kucoin also has over 1200 pairs used by the investors for exchange, such as BTC/USDT, ETH/USDT, or ADA/ USDT. In Kucoin’s cryptocurrency exchange system, there are various products that the investors can choose from, including staking, flexible staking promotions, fixed staking promotions, and savings.

The Uniqueness of Kucoin Products and Services

The uniqueness of Kucoin products and services is that its trading fee is the lowest among crypto exchange platforms, and there are no monthly account fees or withdrawal fees. It is also free to deposit crypto, but investors pay a fee to deposit fiat currencies. As a result, it attracts many investors, even beginners who have just a small amount they use to test the cryptocurrency investment without the fear of losing much if such a case arises. The affordable rates also lay the ground for many potential investors, which means that the prolonged status of such benefit will allow future growth in the market share and segments that will entail investors whose preferences will be based on the types of assets and pairs they prefer exchange.

Kucoin Trading products

Kucoin offers different products, including spot trading, futures trading, margin trading, Kucoin Earn, Crypto lending, and a trading bot. Crypto exchanger users have a variety of options that they can choose to invest in using local and fiat currencies. These products are available to over 18 million users in 207 countries, meaning there is a massive market share for Kucoin globally. Global product availability makes it possible for crypto exchange users to invest because of accessibility and the possibility of using local currencies. The products are available for investors at the beginner’s level and experienced investors. Thus Kucoin ensures that it sustains open opportunities for all classes of investors and policies such as low fees and security measures to enable easy accessibility of investment opportunities.

Kucoin Security System

Before using the local currency to trade, users must verify their accounts to avoid fraud. The verification process is an assurance to the existing and potential clients because before people engage in investments, they are always concerned about the security of their commodities. Investors are attracted to companies that prioritize the safety of their commodities, which is a client protection technique that can attract a significant number of investors. Kucoin uses layers of protection for the various forms of payment the investors use. For example, account verification is important for investors using local currencies. Also, Kucoin has an insurance cover for the investors’ assets that can be used to recover the commodities at risk of hackers. Multifactor authentication is one of the security systems that the Kucoin uses, and it requires two distinct forms of identification for investors to access their accounts. The multifactor authentication system requires a password and a code sent to the user’s smartphone, electronic device, or fingerprint before accessing the exchange or trading process. Kucoin’s multifactor authentication process recommends applying the security process for emails, investor accounts, and financial platforms relevant to the Kucoin crypto exchange.

Kucoin as a Top 5 Crypto Exchange

Kucoin allows accessibility of different Altcoins at a low fee, making it one of the best crypto exchange platforms globally. Based on CoinGecko and CoinMarketCap analysis, Kucoin position among the top five crypto exchanges has enabled low-income investors to venture into the crypto exchange business. Many people prefer investing with a small amount to test the credibility of the investments while simultaneously avoiding losing a lot of commodities or money. Kucoin also decreases the trading fee by 20% when investors pay with Kucoin’s proprietary KCS stablecoin. There is the availability of automated and margin-based trading.

Kucoin (KCS)

KCS bonus is one of the best ways to make passive income in the crypto exchange. Investors who hold at least 6 KCS on the Kucoin platform can get a daily bonus. The bonus comes from 50% of Kucoin’s daily trading fee revenue. Kucoin created opportunities for gamers, artists, and creators by launching a $100 million fund for empowering Metaverse projects. Metaverse integrates technology aspects that combine computer technology to create a simulated environment, internet services, and augmented reality. Metaverse support for Kucoin will intensify the evolution of the internet industry, which will make global adoption of blockchain technology possible. Kucoin has a solid customer base with over 8 million users in at least 30 countries, where it can create a multilingual community with full-time users resulting in continuity and consistent expansion of the crypto exchange investment.

KCS to Pay Fees Feature

As a result of Kucoin’s technology integration, the founders believe it will speed up the progression of the internet industry. Thus, Traders can also use KCS to pay trading fees, a feature available on the user’s profile and the website’s trading panel on Kucoin. KCS pay feature allows users to enjoy a 20% discount on the trading charges. All Accounts are The Metaverse ecosystem escalated the crypto exchange. Also, the change in the Facebook parent company to Meta escalated the value of the Kucoin token, which increased the assets and pairs. It led to traders and investors searching for a Metaverse token considering its long-term. Kucoin pricing will continue rising in trading and circulation volumes. Today Kucoin’s all-time high is at $28.80, and the trend has led to rapid growth and increased crypto adoption, creating magnification in digital currencies’ prices.

Use KCS to Participate in the Spotlight (IEO) and Burningdrop

Kucoin spotlight is a platform that allows qualified investors to join the token sale of early-stage blockchain projects. Kucoin has launched 9 promising projects on the forum. Although the Kucoin spotlight is a token sale, investors do not place orders like they do in spot trading or future markets. During the sale, Kucoin will deduct a certain amount of KCS token from the account, and the investor will be able to receive the new token soon. The coin is then listed on Kucoin and open for trading for the users to be able to sell the token or stake more as they wish. To join a token sale and Kucoin spotlight, one should pass the advanced verification on Kucoin, which take one to three days to review. The user must ensure that the blockchain legal team supports their country because unsupported countries vary from time to time, and Kucoin has to follow the policies provided. Lastly, the user has to sign the purchase agreement. Burning drop in Kucoin is a feature that enables the users to earn cryptocurrency by staking the KCS token, ETH, or USDT. Crypto users can use KCS to book flights by buying airline gift cards from their crypto wallets to use on plane tickets. They can book directly with the airline or agencies that accept crypto payments. Tourists and travelers who are crypto users can also use KCS to pay for accommodation and other services. At Travala.com, clients can pay using Bitcoin, do shopping, and buy gift cards. Travala.com has received the payment through Bitcoin for over 3,000,000 travel products.

Kucoin Community Chain (KCC)

KCC is a decentralized public chain established by Kucoin and KCS fans. KCS is useful in KCC because it solves low-performance and high-cost problems of the public chain. It provides the community users a faster, more convenient, and low-cost experience. It is the only fuel and native token that the public can use to pay the gas fee. KCC is fully compatible with Ethereum Virtual Machine (EVM) and Ethereum Request for Comment (ERC-20) smart contracts that offer extremely low costs in migration. KCC blocks are produced every three seconds, resulting in accelerated transaction confirmation and higher chain performance. KCC has also adopted the consensus algorithm of proof of staked authority, and it is also more secure, efficient, and robust.

KCS potential and price prediction

Kucoin raised $150million at a pre-B funding round led by Jump crypto. Jump Crypto collaborates with crypto exchange platforms to shape the future of the cryptocurrency industry. Kucoin’s value raised to $10 billion, which has harnessed its reputation and will enable it to boost its investment portfolio of crypto wallets, NFT platforms, and decentralized finance. The Kucoin fundraising was also supported by other investors, including IDG Capital, Circle Ventures, and Matripax partners. Kucoin will also use the funds to improve its Ethereum-based public blockchain.

KCS whitepaper

Kucoin, in collaboration with KCS, has released the KCS whitepaper. The KCS whitepaper aims to outline the purpose of KCS management foundation responsibility in development, decision making, application of KCS, and investments. KCS will assist in clarifying the distribution of millions of tokens held by founders and investors. The fundraising and KCS whitepaper in Kucoin has set the pace for increased market over the coming years, maintaining the company’s competitive advantage and remaining in the top five categories of the best crypto exchange platforms.

KCS Price Prediction In 2022

Investing in Kucoin will be profitable because KCS is promising for the investors who seek to venture into a long-term investment. The anticipated price of Kucoin in July 2022 is $27.01 and a maximum of $27.67. The price ranges are also determined by security features such as multifactor authentication and encryption, which are some key elements investors look for when investing in cryptocurrency.

Final Thought

In summary, Kucoin has a vast potential for increasing market share and maintaining its competitive advantage among the best cryptocurrency investments. Kucoin has provided all classes of investors with affordable options and consistent guidance on trading and the different markets, assets, and pairs available for them to make the best investment decisions