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Loopring LRC Current Price, Market Cap, How And Where To Buy LRC Token.

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Loopring LRC Current Price, Market Cap, How And Where To Buy LRC Token: Due to massive adoption of the Crypto market for the past few years, A lot of developers has come up with their crypto projects and more is still coming as far as the market continue to boom. Without wasting much of your time, we will go directly to the reason you land on our page, which is to know much about “Loopring [LRC]” and How And Where To Buy Loopring LRC.

Loopring [LRC] has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats currency. However, You can still easily buy this coin by first buying Major Crypto Currency like Bitcoin from any fiat-to-crypto exchanges and then transfer to the exchange that offers to trade Loopring [LRC] coin.

What Is Loopring LRC?

LRC is the Ethereum-based cryptocurrency token of Loopring, an open protocol designed for the building of decentralized crypto exchanges.

Loopring’s purported goal is to combine centralized order matching with decentralized on-blockchain order settlement into a hybridized product that will take the best aspects of both centralized and decentralized exchanges.

LRC tokens became available to the public during an initial coin offering (ICO) in August 2017, while the Loopring protocol was first deployed on Ethereum mainnet in December 2019. The current CoinMarketCap ranking of LRC is #46, with a live market cap of $4,339,880,977 USD. It has a circulating supply of 1,327,062,164 LRC coins and a max. supply of 1,374,513,896 LRC coins.

Who Are the Founders of Loopring?

The founder and current CEO of Loopring Foundation, which manages the development of Loopring protocol, is Daniel Wang, a software engineer and entrepreneur based in Shanghai, China.

Wang has a bachelor’s degree in computer science from the University of Science and Technology of China, as well as a master’s degree in the same field from Arizona State University.

Prior to starting work on Loopring, Wang has held multiple managerial and executive positions in major tech companies: he was a lead software engineer at the medical device manufacturer Boston Scientific, the senior director of engineering, search, recommendation and ads system at the Chinese e-commerce giant JD.com, as well as a tech lead and senior software engineer at Google.

Wang has also co-founded several companies: Yunrang (Beijing) Information Technology Ltd. and the cryptocurrency services firm Coinport Technology Ltd.

What Makes Loopring Unique?

The main idea behind Loopring is to combine elements of centralized and decentralized cryptocurrency exchanges to create a protocol that will enjoy their unique advantages and eliminate inefficiencies.

Centralized exchanges are currently the main mode of operation for crypto trading services. While highly popular and convenient, using a centralized exchange carries a number of risks, the chief of which is their custodial nature. Because these exchanges hold users’ funds for them between the points of depositing and withdrawing, those funds come under the risk of being partially or fully lost due to potential hacker attacks, malicious actors inside the exchange or regulatory intervention.

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Another major problem for centralized exchanges is the lack of transparency: the fact that trades are not settled on the blockchain, but rather stored in the exchange’s internal records makes possible price manipulation by the exchange and allows it to use user funds for unauthorized purposes while in custody.

In order to eliminate these problems, a new type of trading service has emerged in recent years: a decentralized crypto exchange (DEX). Instead of holding user funds in custody and processing trades internally, it helps buy and sell orders connect directly with each other and settle trades on a public blockchain.

While removing the custodial and transparency risks, DEXs introduce disadvantages of their own: mainly, lower efficiency (when compared to centralized alternatives) associated with the limited capabilities of the underlying blockchains and fragmented liquidity.

Loopring protocol seeks to keep the advantages of decentralized exchanges while reducing or eliminating their inefficiencies via innovative hybrid solutions. Through managing orders in a centralized manner but settling the trades on-blockchain, and combining up to 16 orders into circular trades instead of allowing strictly one vs. one trading pairs, Loopring expects to increase the efficiency of order execution, as well as enhance the liquidity of DEXs.

How Is the Loopring Network Secured?

Loopring is operable on Ethereum and Neo blockchains with plans to add support for the Qtum blockchain. Each of these networks has its own token: LRC and LRN for Ethereum and Neo respectively; when launched, the Qtum network token will be called LRQ.

These tokens are secured by the hash functions of their underlying blockchain platforms: LRC by Ethereum’s Ethash, LRN by Neo’s SHA256 and RIPEMD160 and LRQ by Qtum’s proof-of-stake PoSv3 algorithm.

Where Can You Buy Loopring LRC?

LRC is available on many exchanges, some of the major and most trusted ones are:

  1. Coinbase Pro
  2. Bilaxy
  3. OKEx
  4. Binance

Where To Buy Loopring LRC Coin.

With the recent hike in the price of Loopring [LRC], there has been a high demand from potential investors who wish to buy and own Loopring [LRC], A lot of crypto investors are online trying to get the right information on how to how & where to get their LRC asset as well as storing them in a secured wallet. According to data gathered from CoinMarketCap and many other crypto websites, It’s clear that LRC is not available on many on many Crypto-Exchanges.

NOTE THAT: LRC cannot be directly purchased with fiats currency. However, You can still easily buy this coin by first buying USDT or any major Crypto Currencies like BITCOIN from any fiat-to-crypto exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy LRC .

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Quick Steps

Register on Fiat_to_Crypto Exchange

Since you can’t buy LRC directly with Fiat Currency, You will have to first buy one of the major cryptocurrencies (BTC, USDT, ETH). But in this case let’s consider USDT (USDT). You can perform this transaction on fiat-to-crypto exchanges, Uphold.com or Coinbase.com you can decide to use any of them as they are widely adopted in the crypto world, They are both rated among the largest crypto exchanges that accept fiat deposits in the world.

All you need to do, create account with them ( ensure you keep your password safely) after creating an account then move to the next step which is to buy USDT.

Buy USDT with fiat Currency

Once you finished with account creating and verification process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer.

NOTE: You will be charged higher fees when using cards but you will also make an instant purchase. While a bank transfer attract lower charges but slower purchases, Though it sometimes depends on the country of your residence, some countries will offer instant cash deposit with low fees.

Transfer USDT to an Altcoin Exchange

After buying your USDT, it’s worthy of note that since LRC is an altcoin that can’t be traded in all Crypto exchange, we need to transfer our USDT to an exchange that LRC can be traded. Many exchanges has their own policies as some has restrictions to some countries, for example Binance does not allow investors from USA as customers. So you have to choose an exchange that suit your location and create an account with them before proceeding to the next steps.

PLEASE NOTE: It will always be advised to set up 2FA authentication as it adds extra security to your account.

Deposit USDT to Your Preferred exchange

Depends on the policies of the exchange you might be required to go through another verification process, this usually takes minimum 0f 30 minutes and a maximum of a day, After the whole verification process you are now good to go.

Since we are now transferring our previously bought USDT on Coinbase to this wallet, click on ‘Copy Address’ or right-click on the full address and click copy to grab this address to your clipboard. Now head back to Coinbase, go to Portfolio page and click on the USDT on your asset list, then click on ‘Send’ on the right.

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Under the Recipient field, paste the wallet address from your clipboard, for security and accuracy reason, you should always check if both addresses are matching and Click ‘Send’ to proceed, you should receive a confirmation email instantly, click on the confirmation link in the email and your coins are on the way to your preferred exchange.

Now go to your exchange to confirm your USDT arrival, don’t worry if you haven’t seen your deposit almost immediately, It might be undergoing some network verification in the blockchain network and this should take a few minutes for your coins to arrive. Depending on the network traffic condition of the USDT network, during busy times it may take even longer.

You should receive a confirmation notification from your exchange once your USDT has arrived. guess what? You are now finally ready to purchase your LRC

 Trade LRC

At this stage which is the final of your purchase, held to your exchanging platform, then go to ‘Exchange’. make sure “USDT” is selected to be able to trade USDT to altcoin pair of your choice, in this case LRC . You should see LRC/USDT, select that pair and you should see a price chart of LRC /USDT in the middle of the page. All you need to do is to execute your order and you are done getting your LRC asset.

Some Top Exchanges You Might Love Base On Your Location

BitMart
Bitmart

BitMart – Is one of the most trusted cryptocurrency trading platform which provides real-time trading services including Bitcoin (BTC), Ethereum (ETH) and other Altcoins. It accept American customers unlike BINANCE that doesn’t  support American customers.

Binance
binance-landing

Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services.

Gate.io
gateio-landing

Gate.io is an American cryptocurrency exchange that launched 2017. As the exchange is American, US-investors can of course trade here.

The Last Part And Conclusion.

After Purchasing your LRC , and your plan is to hold it for long. You will have to open a secure wallet online or you make use of appropriate “Cold Wallet” as there had been too many hacking incidents associated with online and funds had lost severally.

Thank you for your time, note that this page is open for update and corrections. Please Note That, buying of crypto currencies is at your own risk, all our post is for education purpose and it’s advisable that you buy according to the dollars you can afford to lose.

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Avalanche (AVAX) Current Price, Market Cap, How And Where To Buy Avalanche

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Avalanche (AVAX) Current Price, Market Cap, How And Where To Buy Avalanche: If you are a fan of crypto and digital currencies, This mustn’t be your first time of coming across Avalanche (AVAX) online or from various social media handles. Thanks to the recent hike in AVAX price, which creates awareness among potential investors who would love to add AVAX to their portfolio.

On this post we won’t have to waste your precious time before giving you all you need to know about AVAX, such as current Avax price, market cap and where to  buy AVAX.

What Is AVALANCHE?

Avalanche is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality, and has the most validators securing its activity of any proof-of-stake protocol. Avalanche is blazingly fast, low cost, and green. Any smart contract-enabled application can outperform its competition on Avalanche.

Avalanche launched on mainnet, September 21, 2020. Since then, the platform has grown to secure over 100+ individual projects, $1.4M+ of AVAX burned (reducing supply), 950+ individual block-producing validators, and over 500k+ community members around the globe.

What Is AVAX Token?

Avalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. It is one of Ethereum’s rivals, aiming to unseat Ethereum as the most popular blockchain for smart contracts. It aims to do so by having a higher transaction output of up to 6,500 transactions per second while not compromising scalability.

This is made possible by Avalanche’s unique architecture. The Avalanche network consists of three individual blockchains: the X-Chain, C-Chain and P-Chain. Each chain has a distinct purpose, which is radically different from the approach Bitcoin and Ethereum use, namely having all nodes validate all transactions. Avalanche blockchains even use different consensus mechanisms based on their use cases.

AVAX Market Cap.

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AVAX has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Major Crypto Currency like Bitcoin from any fiat-to-crypto exchanges and then transfer to the exchange that offers to trade AVAX  coin.

How And Where To Buy Avalanche AVAX?

With the high recent spike in AVAX price, there has been a demand on getting AVAX, and a lot of users are online trying to get the right information on how & where to get their AVAX Token asset as well as storing them on a secure wallet. According to data from CoinMarketCap and many other crypto websites, It’s clear that AVAX is not available on many on many Crypto-Exchanges unlike others crypto currencies, But as of this writing AVAX is available on the following Exchanges, Binance, CoinFalcon, Mercatox, Bittrex, Poloniex, Paxful.

PLEASE NOTE THAT: Avalanche AVAX cannot be directly purchased with fiats currency. However, You can still easily buy this coin by first buying USDT or any major Crypto Currencies like BITCOIN from any fiat-to-crypto exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy AVAX.

Quick Steps

Register on Fiat_to_Crypto Exchange

Since you can’t buy AVAX directly with Fiat Currency, You will have to first buy one of the major cryptocurrencies (BTC, USDT, ETH). But in this case let’s consider USDT (USDT). You can perform this transaction on fiat-to-crypto exchanges, Uphold.com and Coinbase.com, You can decide to use any of them as they are widely adopted in the crypto world, They are rated among the largest crypto exchanges that accept fiat deposits in the world.

All you need to do, create account with them ( ensure you keep your password safely) after creating an account then move to the next step which is to buy USDT.
Buy USDT with fiat Currency

Once you finished with account creating and verification process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer.

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PLEASE NOTE: You will be charged higher fees when using cards but you will also make an instant purchase. While a bank transfer attract lower charges but slower purchases, Though it sometimes depends on the country of your residence, some countries will offer instant cash deposit with low fees.

Transfer USDT to an Altcoin Exchange

After buying your USDT, it’s worthy of note that since AVAX is an altcoin that can’t be traded in all Crypto exchange, we need to transfer our USDT to an exchange that AVAX can be traded. Many exchanges has their own policies as some has restrictions to some countries, for example Binance does not allow investors from USA as customers. So you have to choose an exchange that suit your location and create an account with them before proceeding to the next steps.

PLEASE NOTE: It will always be advised to set up 2FA authentication as it adds extra security to your account.

Deposit USDT to Your Preferred exchange

Depends on the policies of the exchange you might be required to go through another verification process, this usually takes minimum 0f 30 minutes and a maximum of a day, After the whole verification process you are now good to go.

Since we are now transferring our previously bought USDT on Coinbase to this wallet, click on ‘Copy Address’ or right-click on the full address and click copy to grab this address to your clipboard. Now head back to Coinbase, go to Portfolio page and click on the USDT on your asset list, then click on ‘Send’ on the right.

Under the Recipient field, paste the wallet address from your clipboard, for security and accuracy reason, you should always check if both addresses are matching and Click ‘Send’ to proceed, you should receive a confirmation email instantly, click on the confirmation link in the email and your coins are on the way to your preferred exchange.

Now go to your exchange to confirm your USDT arrival, don’t worry if you haven’t seen your deposit almost immediately, It might be undergoing some network verification in the blockchain network and this should take a few minutes for your coins to arrive. Depending on the network traffic condition of the USDT network, during busy times it may take even longer.

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You should receive a confirmation Email from your exchange once your USDT has arrived. guess what? You are now finally ready to purchase your AVAX Token.

 Trade Squidanomics SQUID

At this stage which is the final of your purchase, held to your exchanging platform, then go to ‘Exchange’. make sure “USDT” is selected to be able to trade USDT to altcoin pair of your choice, in this case AVAX. You should see AVAX /USDT, select that pair and you should see a price chart of AVAX/USDT in the middle of the page. All you need to do is to execute your order and you are done getting your AVAX asset.

Some Top Exchanges You Might Love Base On Your Location

BitMart
Bitmart

BitMart – Is one of the most trusted cryptocurrency trading platform which provides real-time trading services including Bitcoin (BTC), Ethereum (ETH) and other Altcoins. It accept American customers unlike BINANCE that doesn’t  support American customers.

Binance
binance-landing

 

Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services.

Gate.io
gateio-landing

Gate.io is an American cryptocurrency exchange that launched 2017. As the exchange is American, US-investors can of course trade here.

The Last Part And Conclusion.

After Purchasing your AVAX, and your plan is to hold it for long. You will have to open a secure wallet online or you make use of appropriate “Cold Wallet” as there had been too many hacking incidents associated with online and funds had lost severally. Thank you for your time, note that this page is open for update and corrections.

Please Note That, buying of crypto currencies is at your own risk, all our post is for education purpose and it’s advisable that you buy according to the dollars you can afford to lose.

Continue Reading

Entertainment/Net Worth

Current Price Of SushiSwap, Market Cap And How To Buy Sushi Coin.

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Current Price Of SushiSwap, Market Cap And How To Buy Sushi Coin: SushiSwap is a Token built on an ECR20 Blockchain, SushiSwap claims to be an evolution of Uniswap with SUSHI tokenomics.

With the recent trend in the crypto and NFT market particularly the hike in the price of Sushiswap has left a lot of it potential investors searching the internet to know more about SUSHISWAP Tokenomics, on this post we will unveil all you need to know about sushi and how you can buy and store them safely.

What Is SushiSwap (SUSHI)?

SushiSwap (SUSHI) is an example of an automated market maker (AMM). An increasingly popular tool among cryptocurrency users, AMMs are decentralized exchanges which use smart contracts to create markets for any given pair of tokens.

SushiSwap launched in September 2020 as a fork of Uniswap, the AMM which has become synonymous with the decentralized finance (DeFi) movement and associated trading boom in DeFi tokens.

SushiSwap aims to diversify the AMM market and also add additional features not previously present on Uniswap, such as increased rewards for network participants via its in-house token, SUSHI.

Who Are the Founders of SushiSwap?

SushiSwap was founded by the pseudonymous entity known only as Chef Nomi. Little is known about Chef Nomi, or his or her impetus for forking off from Uniswap.

The project has two other pseudonymous co-founders, sushiswap and 0xMaki, also known as just Maki. Between them, they handle SushiSwap’s code, product development and business operations.

More recently, de facto ownership of SushiSwap was passed to Sam Bankman-Fried, CEO of derivatives exchange FTX and quantitative trading startup Alameda Research.

Bankman-Fried is a well-known participant and cryptocurrency market commentator, regularly appearing in media interviews.

What Makes SushiSwap Unique?

SushiSwap primarily exists as an AMM, through which automated trading liquidity is set up between any two cryptocurrency assets.

Its main audience is DeFi traders and associated entities looking to capitalize on the boom in project tokens and create liquidity.

AMMs do away with order books entirely while avoiding problems such as liquidity issues, which hamper traditional decentralized exchanges.

SushiSwap aims to improve on the offerings of its parent, Uniswap, by increasing the impact users can have on its operations and future.

The platform takes a 0.3% cut from transactions occurring in its liquidity pools, while its SUSHI token is used to reward users portions of those fees. SUSHI also entitles users to governance rights.

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How Many SushiSwap (SUSHI) Coins Are There in Circulation?

SushiSwap’s in-house token SUSHI is created at a rate of 100 tokens per block. The first 100,000 blocks had a block reward of 1,000 SUSHI.

The supply of SUSHI will depend on the block rate. At approximately 6,500 per day, and therefore 650,000 newly-minted tokens per day, there will be roughly 326 million tokens in circulation by September 2021, a year after SushiSwap first launched. SUSHI had no premine, and began to be minted at Ethereum block number 10,750,000, beginning with a supply of zero tokens.

The current CoinMarketCap ranking is #108, with a live market cap of $948,287,996 USD. It has a circulating supply of 127,244,443 SUSHI coins and a max. supply of 250,000,000 SUSHI coins.

Where Can You Buy SushiSwap (SUSHI)?

SushiSwap (SUSHI) is a freely-tradable token, with the majority of volume on major exchanges occurring on Binance, Huobi Global and OKEx. Pairs against other cryptocurrencies and stablecoins are active, as well as with fiat, including on Bankman-Fried’s FTX exchange.

How To Buy SUSHISWAP (SUSHI TOKEN).

With the recent hike in the price of Sushi, there has been a high demand from potential investors who wish to buy and own Sushi Token, A lot of crypto investors are searching the internet to get the right information on how to how & where to get their Sushi Token as well as storing them in a secured wallet.

SushiSwap (SUSHI) is a freely-tradable token, with the majority of volume on major exchanges occurring on Binance, Huobi Global and OKEx. Pairs against other cryptocurrencies and stablecoins are active, as well as with fiat, including on Bankman-Fried’s FTX exchange

NOTE THAT: SushiSwap cannot be directly purchased with fiats currency. However, You can easily purchase  this token by purchasing USDT or any major Crypto Currencies like BITCOIN from any fiat-to-crypto exchanges and then transfer to the exchange that offers to trade this Sushi Token, in this guide article we will walk you through in detail the steps to buy and own your first Sushi Asset.

Quick Steps

Register on Fiat_to_Crypto Exchange

Since you can’t buy SUSHI directly with Fiat Currency, You will have to buy one of the major cryptocurrencies (BTC, USDT, ETH). But in this case let’s consider USDT (USDT). You can perform this transaction on fiat-to-crypto exchanges, like Binance and Coinbase.com you can decide to use any of them as they are widely adopted in the crypto world, They are rated among the largest crypto exchanges that accept fiat deposits in the world.

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All you need to do, create account with them ( ensure you keep your password safely) after creating an account then move to the next step which is to buy USDT.

Buy USDT with fiat Currency

Once you finished with account creating and KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a direct bank transfer.

PLEASE NOTE: You will be charged higher fees when using cards but you will make an instant purchase. While a bank transfer attract lower charges but slower purchases, Though it sometimes depends on the country of your residence, some countries will offer instant cash deposit with low fees.

Transfer USDT to an Altcoin Exchange

After buying your USDT, it’s worthy of note that since SUSHI is an altcoin that can’t be traded in all Crypto exchange, we need to transfer our USDT to an exchange that SUSHI can be traded. Many exchanges has their own policies as some has restrictions to some countries, for example Binance does not allow investors from USA as customers. So you have to choose an exchange that suit your location and create an account with them before proceeding to the next steps.

PLEASE NOTE: It will always be advisable to set up 2FA authentication as it adds extra security to your account.

Deposit USDT to Your Preferred exchange

Depends on the policies of the exchange, you might be required to go through another KYC proccess, this usually takes minimum 0f 30 minutes and a maximum of a day, After the whole verification process you are now good to go.

Since we are now transferring our previously bought USDT on crypto exchange e.g Coinbase to the exchange where SUSHI can be traded, click on ‘Copy Address‘ or right-click on the full address and click copy to grab this address to your clipboard. Now head back to Coinbase, go to Portfolio page and click on the USDT on your asset list, then click on ‘Send’ on the right.

Under the Recipient field, paste the wallet address from your clipboard (from the exchange you want to send your USDT to), for security and accuracy reason, you should always check if both addresses are matching and Click ‘Send’ to proceed, you should receive a confirmation email instantly, click on the confirmation link on the email and your coins are on the way to your preferred exchange.

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Now go to your exchange to confirm your USDT arrival, don’t worry if you haven’t seen your deposit almost immediately, It might be undergoing some network verification on blockchain network and this should take a few minutes for your coins to arrive. Depending on the network traffic condition of the USDT network, during busy times it may take even longer.

You should receive a confirmation notification from your exchange once your USDT has arrived. guess what? You are now finally ready to purchase your Sushi Token

 Trade SUSHI

At this stage which is the final of your purchase, held to your exchanging platform, then go to ‘Exchange’. make sure “USDT” is selected to be able to trade USDT to altcoin pair of your choice, in this case SUSHI. You should see SUSHI/USDT, select that pair and you should see a price chart of SUSHI/USDT in the middle of the page. All you need to do is to execute your order and you are done getting your SUSHI Token.

Some Top Exchanges You Might Love Base On Your Location

BitMart
Bitmart

BitMart – Is one of the most trusted cryptocurrency trading platform which provides real-time trading services including Bitcoin (BTC), Ethereum (ETH) and other Altcoins. It accept American customers unlike BINANCE that doesn’t  support American customers.

Binance
binance-landing

Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services.

Gate.io
gateio-landing

Gate.io is an American cryptocurrency exchange that launched 2017. As the exchange is American, US-investors can of course trade here.

 Conclusion.

After Purchasing your SUSHI, and your plan is to hold it for long. You will have to open a secure wallet online or you make use of appropriate “Cold Wallet” as there had been too many hacking incidents associated with online and funds had lost severally.

Thank you for your time, note that this page is open for update and corrections. Please Note That, buying of crypto currencies is at your own risk, all our post is for education purpose and it’s advisable that you buy according to the dollars you can afford to lose.

Continue Reading

Entertainment/Net Worth

Top 3 Metaverse Crypto Coins With Good Fundamental to Watch in April 2022

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Metaverse is gradually taking over the crypto space, owing to it uniqueness and it’s numerous case of use which make a lot of people to adopt it. On this post we will be sharing with you the top 3 metaverse coin with good fundamental to invest on.

#3 Efinity Token (EFI) – $0.5157

Market Capitalization: $87 million

Launched in August 2021, Efinity (EFI) is a Metaverse blockchain built by the Enjin (ENJ) team with the purpose of acting as an NFT highway for cryptocurrency projects and dApps. Efinity is a parachain built on Polkadot that looks to enable EFI to feature an independent economic structure.

efinity parachain polkadot

The blockchain incorporates a Decentralized Autonomous Organization and cross-chain bridges and provides several incentives for EFI token holders. Efinity also features a system to craft and modify NFTs, discover prices for NFTs, etc.

Efinity is still in its early stages, but the blockchain can already process an immense amount of transactions. Specifically, Efinity can process batches of over 12k transactions at a time with over 120 million tokens in a single transaction, making this a highly scalable blockchain.

EFI is the primary utility asset for Efinity, allowing interaction with its blockchain, paying for fees, etc.

You can purchase EFI on Huobi Global, LBank, OKX, MEXC, and more.

#2 Chromia (CHR) – $0.6128

Market Capitalization: $349 million

Launched in May 2019, Chromia (CHR) is a highly underrated blockchain also built for NFT and Metaverse applications. Chromia is similar to WAX because its focus is on helping developers build scalable and robust Metaverse/gaming dApps much faster than traditional layer-1 blockchains like Ethereum or BNB.

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Chromia’s blockchain is Ethereum Virtual Machine compatible, meaning that similar design concepts can be utilized, and apps built on Chromia can be easily integrated with other EVM-compatible blockchains. Chromia’s development platform features a robust SDK providing detailed documentation and support for developers.

Chromia has proven to be a robust blockchain that can sustain several high-quality games. In fact, currently, some of the highest-valued Metaverse crypto games are built on the blockchain, including Mines of Dalarnia ($181 million market cap) and My Neighbor Alice ($249 million market cap), making Chromia a must-watch in April 2022.

chromia chr metaverse games

The primary utility asset for the platform is CHR, an ERC-20 token built on the Ethereum blockchain. Some utilities for CHR include collecting payments, paying hosting fees for dApps, and using it as a reserve to peg native tokens for projects.

You can purchase CHR on PancakeSwap (V2), KuCoin, BitGlobal, FTX, Bithumb, Gate.io, Poloniex, Binance, and more.

#1 Ontology (ONT) – $0.6421

Market Capitalization: $562 million

Launched in March 2018, Ontology (ONT) is our top pick for the most underrated Metaverse crypto coins, with a unit price below $0.7. Ontology is looking to provide a consistent identity system for individuals and brands in the Metaverse, similar to how Ethereum Name Service provides short wallet addresses comparable to domain names.

Ontology is a layer-2 solution for the Metaverse, similar to Polygon. However, while Polygon is looking to solve the issue of high transaction fees, Ontology is looking to connect various Metaverse identities via its ONT ID protocol, making it easier for businesses and brands to consolidate their accounts across the growing number of virtual worlds.

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In addition, Ontology features Wing Finance, a DeFi lending protocol integrating a reputation score with the help of ONT ID.

ontology wing finance

With Wing Finance, users can start earning a passive income by participating in its economy and ecosystem.

ONT is the primary utility asset on the platform, utilized for several services across the Ontology ecosystem.

You can buy ONT on Crypto.com Exchange, Binance, KuCoin, OKX, ProBit Global, Huobi Global, FMFW.io, and more.

Please note that all post on this website is for educational purpose not a financial advice

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