Before returning to reality, Bitcoin and the cryptocurrency market experienced multiple spikes in popularity and media hype. Even though the charts suggest another speculative bubble is about to burst, this time looks different. Over the past 12 years, a brand-new sector has developed around cryptocurrencies. Cryptocurrency exchanges, which operate similarly to stock market exchanges, are
USDD stablecoin is an algorithmic stablecoin that runs on TRON, a multipurpose smart contract blockchain, BNB Chain, and Ethereum. The stablecoin is pegged to the US dollar in a 1:1 ratio. TRON DAO Reserve chose to peg USDD’s price to the US dollar because it is the most widely used fiat currency globally. By maintaining its
Bitget Exchange is a cryptocurrency exchange platform that offers copy trading services, allowing users to follow and copy the trades of elite traders. They have a Protection Fund providing assurance to users, and a Builders’ Fund to support users affected by the bankruptcy of FTX exchange. Bitget also provides social trading platforms where users can
Founded in 2018, it has established itself as the exchange for high performance and mega transaction matching technology. MEXC’s staff is among the early movers and pioneers in the finance and blockchain industries. It is a prominent participant in the crypto market, serving over 10 million users in over 170 countries and regions. Now, they
Kava is a software protocol that uses multiple cryptocurrencies to allow its users to borrow and lend assets without the need for a traditional financial intermediary. In this way, Kava is considered one of a number of emerging decentralized finance (DeFi) projects. However, whereas most DeFi projects run on Ethereum, Kava is instead built on Tendermint Core, a design decision
HTX (formerly known as Huobi) is a leading global cryptocurrency exchange platform with over 10 million users worldwide. With its user-friendly interface, secure transactions, and wide selection of cryptocurrencies, it provides individuals and institutions with a simple and efficient way to buy, sell, and trade digital assets. Backed by advanced technology and regulated subsidiaries, HTX
The derivatives space has always been a tough market to target for DeFi protocols, with the difficulty in acquiring sufficient liquidity to create a sustainable and sufficiently efficient market for traders on-chain. Additionally, a poor user experience often leaves traders seeking the easier option of centralized exchange (CEX) trading. Top centralized derivatives exchanges like Binance are pushing over $80 billion in volume daily, while
Gate.io wishes to become a one-stop-shop for all crypto enthusiasts. The system lets you choose among different features and hundreds of different coins in its catalog. The platform allows spot and margin trading with more than 1,000 trading pairs. Today’s guide will provide more information on Gate.io through a complete review of this platform. About
KuCoin is a centralized cryptocurrency exchange created in 2017 with an aim to be a “simple and safe platform for people all over the world” to trade various digital coins. It has made it to Forbes’ list of best crypto exchanges of 2021 due to the “wide library of altcoins at low fees”. It has a native token, KuCoin
Bitfinex is one of the oldest crypto exchanges. Founded in 2012, Bitfinex had soon become famous among most crypto traders back then, especially the professional ones. At the time of writing (July 3rd, 2022), Bitfinex has an Exchange Score of 7.1, ranking #8, rated by Coinmarketcap. Where is Bitfinex based? Bitfinex is a Hong Kong-based