2 days ago • cryptodaily
Ankr Launches Enterprise RPC On Microsoft Azure Marketplace
San Francisco-based Web3 developer hub Ankr has officially launched Enterprise Remote Procedure Call (RPC) services on Microsoft's Azure Marketplace, following their partnership announcement in February this year.
The service is intended to provide Azure's vast customer base with low-latency, globally accessible blockchain connections, aiding them in their Web3 project and application development.
Notably, Ankr's AppChains, a solution enabling enterprises to deploy dedicated, customizable blockchains, will also be made available on Azure Marketplace. Initial offerings will include the deployment of Polygon Supernets with a promise of more blockchain ecosystem choices in the near future.
"Through this partnership, we are abstracting away what is often an impediment to testing, deploying, and scaling Web3 projects seamlessly," shares Daniel An, Microsoft's Director of Business Development.
AppChains have been part of Ankr's product line-up for a year now. These scalable, application-specific blockchains facilitate decentralized app development and project execution for Web3 organizations. Their popularity among traditional enterprises has grown significantly due to their versatile application potential across banking, institutional clients, CBDCs, gaming, and more.
By offering AppChains through the Azure Marketplace, enterprises have a vetted and trusted platform to explore and adopt this new technology. Ankr's AppChains aim to overcome significant hurdles faced by enterprises, such as scalability, user experience, and the cost of hiring new Web3 engineering talent.
AppChains provide speedy and affordable transactions, seamless user experiences, regulatory compliance, and comprehensive engineering support. These advantages could streamline the transition to Web3 for many firms interested in the digital asset space.
Peter Stewart, Head of Infrastructure at Ankr, praised the collaboration with Microsoft and highlighted their anticipation for increased demand following the Azure Marketplace launch. Simultaneously, Kev Silk, Ankr AppChains Lead, underscored Ankr's commitment to facilitating Web3 accessibility for large businesses through this enterprise-grade chain solution.
"With Microsoft's guidance, we will continue to innovate and improve based on user feedback and performance metrics. This partnership has been remarkable, and we are excited for the future of our Enterprise RPC service," Stewart shares.
Ankr, as an all-in-one Web3 developer hub, offers an extensive toolkit to build Web3 apps and establish high-performance connections to over 30 blockchains. Ankr is an approved infrastructure partner for constructing application-specific blockchains on ecosystems like the BNB Smart Chain, Polygon, and Avalanche.
According to data from 2022, Microsoft Azure is the second-largest cloud service provider worldwide, commanding a market share of approximately 20%. Analysts predict that by 2024, global blockchain technology revenues are expected to reach $23.3 billion. Given this context, the Ankr-Microsoft partnership could be a significant step in catering to this emerging demand.
The Ankr and Microsoft Azure collaboration represents an important development in the expansion of Web3, emphasizing the increasing importance of reliable infrastructure in fostering its growth. By facilitating the rapid deployment of customized blockchains and providing scalable connections to over 30 blockchain networks, this partnership could catalyze the mainstream adoption of Web3 technologies.
Building Web3 infrastructure is akin to creating the foundational pillars of the next-generation internet. It provides the necessary groundwork that enables decentralized applications (dApps) and platforms to run smoothly. This not only enhances performance but also ensures that these platforms can effectively maintain the decentralized ethos at the heart of the Web3 vision.
What's Next For Ankr and Microsoft Azure?
Microsoft Azure's involvement in this endeavor is notable. As one of the leading cloud service providers, Azure brings extensive expertise in facilitating scalable, reliable, and secure cloud solutions for various applications. Its entry into the Web3 infrastructure space underscores the intersection of traditional tech giants with the burgeoning field of blockchain technology.
In terms of broader implications, the Ankr-Microsoft partnership provides an excellent example of how cloud services can fuel the growth of Web3. Cloud computing, with its inherent flexibility, scalability, and cost-effectiveness, provides an ideal environment for developing and deploying dApps, smart contracts, and other blockchain-powered applications.
In fact, the synergy of cloud computing and blockchain could serve as a catalyst for new business models and applications in the Web3 space. For instance, decentralized data storage and management, enhanced digital identity solutions, and streamlined supply chain systems are among the numerous potential applications of a blockchain-cloud fusion.
Microsoft Azure, with its robust cloud infrastructure, has a history of fostering such innovations. The platform's as-a-service offerings – including Software-as-a-Service (SaaS), Platform-as-a-Service (PaaS), and Infrastructure-as-a-Service (IaaS) – have already disrupted multiple sectors. By extending these capabilities to Web3 infrastructure development, Azure could unlock new frontiers in the decentralized tech landscape.
The integration of Ankr’s Enterprise RPC services and AppChains into Azure Marketplace, therefore, not only marks a significant step in Web3 infrastructure development but also demonstrates the potential of cloud services in accelerating the growth of Web3. As enterprises worldwide increasingly recognize the potential of blockchain technology, collaborations like these are likely to become more prominent, shaping the evolution of the Internet as we know it. Partnerships such as Ankr and Microsoft Azure's represent a critical step in this direction, bringing together the flexibility of cloud services with the transformative potential of blockchain technology.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
3 days ago • cryptodaily
Bitget Unveils new AI-Powered Strategy for Crypto Traders
Bitget, a leading platform for crypto derivatives and copy trading, has introduced an impressive addition to its arsenal of investment strategies: the Martingale AI.
Bitget's Martingale trading strategy, enables traders to capitalise on its remarkable potential. The Martingale strategy is one where investment amounts are increased following a market downturn, with the goal of not only recovering losses but of making more profits.
By looking into the historical data and analysing market trends over time, the strategy provides investors with a comprehensive overview of market behaviour, allowing them to fine-tune their trading and allocate their capital more efficiently.
Thanks to Martingale AI, traders can now delve into automated trading by setting their desired risk appetite and investment frequency based on parameters recommended by Bitget's proprietary AI system. These parameters are carefully calculated using Bitget's sophisticated algorithms, which take into account historical market prices and asset fluctuations. As a result, traders can rely on these dependable investment references to make informed decisions and navigate the crypto market with more confidence.
Bitget’s Martingale strategy caters to both novice and experienced traders alike. By embracing this innovative approach, traders can engage in two-way trading, seamlessly adapting to both bullish and bearish market conditions. Whether they aim to seize opportunities by going long or short, buying the dip, or capturing market callbacks, the Martingale strategy on Bitget offers a wealth of possibilities.
Moreover, traders have the freedom to customise and control their risk levels by adjusting various parameters, such as profit targets and the multiples of additional positions. This flexibility empowers traders to align the strategy with their unique trading preferences and risk appetites.
For those new to the crypto world, Bitget provides a friendly learning curve by offering a range of Martingale strategies with lower thresholds.
Gracy Chen, MD of Bitget had the following to say about the Martingale AI launch:
"As a platform driven by innovation, we have launched the Martingale AI trading strategy. With this, we seek to highlight how much we delight in empowering our users to stay as productive as they can in line with their investment goals. AI is changing the narrative and pushing the boundaries of what is possible, and as such, we are going all out in integrating the technology into our everyday operations.
With the help of AI technology, Bitget is committed to simplifying complicated trading strategies as we seek to drive deeper adoption of cryptocurrencies. With AI gradually gaining steam across industries, we are further committed to deploying advanced solutions powered by this technology - in line with our global growth strategies and a defined push beyond the derivative trading strategy".
Thanks to the AI-powered system, novice traders can explore conservative, balanced, and aggressive approaches, each tailored to suit their risk tolerance. This thoughtful division ensures that everyone, regardless of their experience level, can participate in the world of crypto trading.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
4 days ago • cryptodaily
Atomic Hack Funds Sent to Crypto Mixer Used by Lazarus Group
According to reports from Elliptic, funds drained from the Atomic Wallet hack have been sent to Sinbad, a crypto mixer used by the Lazarus Group.
According to reports by crypto tracing firm Elliptic Enterprises, the funds drained from the hack on the Atomic Wallet on June 3 have been sent to a crypto mixer used by the Lazarus Group, a notorious North Korean hacking operation.
The $35 million stolen from @AtomicWallet users is being laundered through Sinbad - the mixer fka(?) Blender and used heavily by NK's Lazarus Grouphttps://t.co/UHCwfZiw8e
— Elliptic Investigations (@Elliptic_Inv) June 5, 2023
Elliptic reported that its Investigation Team traced funds from the $35 million hack to Sinbad.io, a cryptocurrency mixer used by the hacking group.
Elliptic’s Investigations Team is also following the transaction trail, and has determined that the stolen funds are being swapped for bitcoin, before being laundered through Sinbad.io - a mixer. Previous Ellipticresearchrevealed that Sinbad has been used intensively to launder over $100 million in proceeds of hacks perpetrated by North Korea’s Lazarus Group.
This includes assets from the $540 million Axie Infinity hack and $100 million Horizon Bridge attack.
Atomic Wallet Users Drained of Over $35 Million
On June 3, the self-custodial, decentralised Atomic Wallet received reports that several wallets had been drained of their funds. The project confirmed the compromise on June 4 and said it would investigate the matter.
We have received reports of wallets being compromised. We are doing all we can to investigate and analyse the situation. As we have more information, we will share it accordingly.For any questions and concerns, contact [email protected]
— Atomic - Crypto Wallet (@AtomicWallet) June 3, 2023
Atomic said on June 5 that less than 1% of its monthly active users were compromised in the attack, adding that it continues to investigate.
At the moment less than 1% of our monthly active users have been affected/reported. Last drained transaction was confirmed over 40h ago.Security investigation is ongoing. We report victim addresses to major exchanges & blockchain analytics to trace and block the stolen funds.
— Atomic - Crypto Wallet (@AtomicWallet) June 5, 2023
Blender.io Relaunches As Sinbad.io
Earlier reports indicated North Korean hackers had been using a new mixing service to launder stolen cryptocurrencies. Elliptic found that the crypto mixing service used by the Lazarus Group, Blender, is likely to have been re-launched as Sinbad.
Following a series of high-profile hacks, the United States Treasury’s Office of Foreign Asset Control (OFAC) imposed sanctions against Blender and Tornado Cash for helping Lazarus launder close to $500 million in illicitly obtained cryptocurrencies. After the US imposed sanctions against the mixing services, Tornado Cash continued to operate while Blender ceased its operations and disappeared after reportedly taking $22 million in Bitcoin from the mixer.
According to Elliptic, Blender likely started operating the new service called Sinbad, which Lazarus used to launder illicit funds in October 2022.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
4 days ago • cryptodaily
Optimism Gears Up For Bedrock Mainnet Update
Optimism, the Ethereum Layer 2 scaling solution, is preparing to roll out its "Bedrock" upgrade today, June 6th.
The step is considered to be a significant leap towards becoming a utility-oriented "Superchain" featuring reduced gas fees and significantly faster transaction finality and block rendering. The Ethereum-based protocol's vision of its technological progress towards becoming a Superchain, which is to say an interconnected network of interoperable and highly composable blockchains, is getting nearer through these planned enhancements.
Optimism Bedrock Update
The Bedrock update is expected to go live by 16:00 UTC today via Optimism's mainnet.“Bedrock was named Bedrock for a reason. It is the foundation for the Superchain," shares Karl Floersch.
Floersch currently serves as CEO and and is co-founder at OP Labs, the development organization behind Optimism and its suite of blockchain products.The move is considered an instrumental point towards the transformation of Optimism.
With the upgrade, all associated and integrated chains either constructed within or designed in alignment with the OP tech stack (developer tooling, APIs, and SDKs) will be linked over, enabling smooth communication over a unified ecosystem. Floersche emphasizes further that the "Superchain" status isn't a mere moniker, it is, in essence, a long-term vision towards producing an industry standard with the OP Stack as a baseline. Among the key features outlined in anticipation of the upgrade is a 40% reduction in gas fees through an optimized data compression strategy. This means that Bedrock is set to introduce internal mechanisms that will curtail the reliance towards block reorganization, which costs a significant amount of resources on the side of a Layer 2 chain such as Optimism. Block-based reorganizations (reorgs) are instances in which a blockchain simultaneously produces two blocks, hence generating a duplicate blockchain. The code changes set out in Bedrock will effectively cut down confirmation intervals for deposits to approximately 60 seconds, down from the average interval of 600 seconds for the same typical transaction.
Key Enhancements To Expect On Optimism Bedrock Update
Another well-intentioned upgrade that comes with the Bedrock update is slew of enhancements to proof of modularity in the OP Stack. This open-source toolkit provides developers with functionalities for providing customizable environments on the Optimism blockchain, opening constructs and experiences for users who wish to leverage validity proofs and fault proofs within the OP Stack. Alongside the transaction upgrades, this feature set wil provide a performance boost for node-related functions across the Optimism ecosystem. Another significant advancement Bedrock brings to the table is facilitating Optimism's transition to a multi-client ecosystem. Floersch claims that Optimism will be the first layer 2 protocol to boast multiple clients, thereby enhancing system resilience by eliminating potential single points of failure. Client software is utilized to operate the blockchain, with layer 1 blockchains like Ethereum relying on several clients to ensure network security.
The upgrade process is expected to last between two to four hours. During this period, deposits and withdrawals will be temporarily suspended, and the chain will be momentarily paused.
What is Optimism?
Optimism functions as a scaling solution for Ethereum, allowing users to carry out transactions on the blockchain at a lower cost while retaining the underlying security of Ethereum. It utilizes a technology called an “optimistic rollup,” which consolidates multiple transactions into a single transaction, consequently accelerating transaction speed and reducing gas fees.
The layer 2 landscape atop Ethereum has witnessed stiff competition in recent months. L2Beat statistics indicate that Optimism's closest rival, Arbitrum, leads the pack with a total value locked (TVL) of $5.69 billion, with Optimism trailing with a TVL of $1.68 billion. The Bedrock upgrade, however, is expected to boost Optimism's competitiveness.
Alternative solutions to optimistic rollups, like ZK Rollups, have also been gaining traction. Polygon and Matter Labs recently introduced their zkEVMs, a type of ZK Rollup compatible with the Ethereum Virtual Machine, providing users with more choices for faster, cheaper transactions on Ethereum.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
4 days ago • cryptodaily
BTC Crashes Below $26000, Crypto Daily TV 6/6/2023
In Todays Headline TV CryptoDaily News:
Ethereum reserves at multi-year lows
Ethereum token reserves on exchange wallets have declined to their lowest level since 2018. As of June 5, ETH reserves sit at 17.2 million Ether, a multi-year low.
Atomic Wallet users hacked for $35M
The crypto industry’s latest causality occurred over the weekend as nearly $35 million worth of various tokens were stolen from Atomic Wallet, a centralized storage and wallet service. These tokens included bitcoin, ether, tether, dogecoin, litecoin, bnb coin and polygon.
Bitcoin dropped below $26,000
Cryptocurrency prices dropped after the U.S. Securities and Exchange Commission charged Binance, the largest crypto exchange in the world, with violating securities laws. Bitcoin fell more than 6% to its lowest level since March.
BTC/USD dove 5.5% in the last session.
The Bitcoin-Dollar pair plummeted 5.5% in the last session. The RSI's negative signal is in line with the overall technical analysis. Support is at 26695.3333 and Resistance is at 27661.3333.
The RSI is currently in negative territory.
ETH/USD plummeted 4.4% in the last session.
The Ethereum-Dollar pair dove 4.4% in the last session. According to the Stochastic-RSI, we are in an oversold market. Support is at 1866.6167 and Resistance is at 1925.8567.
The Stochastic-RSI points to an oversold market.
XRP/USD dove 6.1% in the last session.
The Ripple-Dollar pair dropped 6.1% in the last session after rising as much as 1.3% during the session. The MACD is giving a positive signal. Support is at 0.5017 and Resistance is at 0.5629.
The MACD is currently in positive territory.
LTC/USD plummeted 7.1% in the last session.
The Litecoin-Dollar pair dove 7.1% in the last session. The Williams indicator is giving a negative signal. Support is at 92.571 and Resistance is at 97.311.
The Williams indicator is giving a negative signal.
Daily Economic Calendar:
US API Weekly Crude Oil Stock
The API’s Weekly Statistical Bulletin reports overall U.S. and regional data relating to refinery operations and the production of the four major petroleum products. The US API Weekly Crude Oil Stock will be released at 20:30 GMT, the UK's 30-y Bond Auction at 09:30 GMT, Australia's RBA Interest Rate Decision at 04:30 GMT.
UK 30-y Bond Auction
The auction sets the average yield on the bonds auctioned off. Yields are set by bond market investors, and therefore they can be used to estimate investors' outlook on future interest rates.
AU RBA Interest Rate Decision
The RBA Interest Rate Decision is announced by the Reserve Bank of Australia. The interest rates are a key mechanism through which the central bank influences inflation.
AU RBA Rate Statement
Decisions regarding the interest rates are made by the Reserve Bank Board and are explained in a media release that announces the decision after each meeting. Australia's RBA Rate Statement will be released at 04:30 GMT, Japan's JP Foreign Reserves at 23:50 GMT, the US Redbook Index at 12:55 GMT.
JP JP Foreign Reserves
The Foreign Reserves are the total of a country's gold holdings and convertible foreign currencies held by its central bank.
US Redbook Index
The Johnson Redbook Index measures the year-over-year same-store sales growth from a sample of large general merchandise retailers.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
8 days ago • cryptodaily
New Centralized Crypto Exchange S-Trade Delivers Simplicity and Security
Dubai, UAE, June 2nd, 2023, ChainwireS-Trade, a new crypto exchange with a range of innovative features, has launched with the goal of simplifying digital asset trading. It provides solutions catered to a wide range of traders, including those who favor a hands-on approach as well as those who prefer to use trading bots.S-Trade is a centralized cryptocurrency exchange where users can buy, sell and store digital assets, as well as access more than 100 trading pairs and 24 fiat assets. The exchange offers a full suite of robust trading features including secure deposits/withdrawals; crypto loans; margin trading; options; futures contracts; new token listings; dual currency options; and trading bots.A service token plays an important role in the S-Trade ecosystem. It can be used to pay for services as well as a tool for hedging risks during a drop in the market. Holders of the exchange’s token can also enjoy other benefits such as participation in the exchange’s cashback system; participation in voting; reduced fees; personalized offers and increased affiliate rates.S-Trade incorporates low trading fees, which reduce further when traders make use of the exchange’s native token. There’s also an automated trading facility that can increase efficiency and maximize profits. S-Trade’s ready-to-use trading bots can be customised to meet the goals of each user. These are simple and intuitive to set up, so they’re a perfect way for crypto newbies to start making money without any prior trading knowledge.Other services offered by S-Trade include the ability to participate in staking and crypto lending, replenishing the liquidity pool and receiving interest on profits.S-Trade’s mission is to provide users with all the necessary tools and services for managing and interacting with any digital asset, as well as to make engaging with cryptocurrency understandable for everyone. It aims to achieve this by providing a simple, easy-to-use interface and offering proprietary tech and features that allow users to copy trades.About S-TradeS-Trade mission To provide users with all the necessary tools and products for managing digital assets. We strive to make the interaction with cryptocurrencies simple and understandable for everyone. The convenience of users and the security of their assets are the priority of S-Trade.Website | Twitter | Instagram | Telegram | FacebookContactRuslan [email protected]
9 days ago • cryptodaily
Uphold Launches New Uphold Institutional OTC Trading and Research Services
Crypto Valley Conference, Rotkreuz, Switzerland, June 1, 2023 - Uphold, the Web3 financial platform, today announced a new offering for all classes of institutional investors trading digital assets. This is the first solution to provide institutional grade research, optimal OTC execution, superior product breadth - offering more than 280 assets - and settlement in multiple currencies.
The OTC Platform: Branded Uphold Ascent, the customizable OTC trading platform is designed for optimal execution, handling large orders with minimal price impact and competitive pricing.
Superior Liquidity: with connection to 29 trading venues, Ascent allows traders to smart route orders to centralized exchanges, decentralized exchanges and Layer 2 networks.
Expansive Digital Asset Coverage: Uphold has set a high bar in the industry for depth of product, offering more than 280 tokens, including access to many assets unavailable on other OTC platforms
Trading Expertise: our team is comprised of CeFi, DeFi and high-frequency trading experts
Fully Customizable trading tools and order management interface
“Whether institutional investors are trading digital assets now, or looking to get into the space, our new Ascent OTC platform and in-depth research will provide them access to comprehensive and extensive insights and the deepest liquidity pool in digital asset management through which to execute trades,” said Simon McLoughlin, Chief Executive Officer of Uphold.
Token Discovery: Uphold Intelligence, digital asset research, has proven to identify meaningful assets early. With Dr. Martin Hiesbock, Head of Research at Uphold Institutional, clients gain direct access to first-hand knowledge of what is happening and about to happen in the market.
“We sort through the assets with just flash from those that have fundamental value for our clients,” said Scott Kaplan, Chief Executive Officer of Uphold Securities. “We identify important digital assets early based on sound methodology intended to spot fundamental long term value.”
About Uphold
Ranked #1 in the San Francisco Business Times Fast 100 List, Uphold is committed to making Web3 easy. As a Web3 financial platform, Uphold serves over 10 million customers in more than 180 countries. It provides businesses and consumers with easy access to financial technology and services. Uphold’s patented “Anything to Anything” platform gives end users seamless access to and between digital assets and national currencies and precious metals. To learn more about Uphold’s products and services visit uphold.com.
Certain currencies and assets are not available in all jurisdictions ###
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
9 days ago • cryptodaily
L3 Platform Orbs Introduces dLIMIT To Enhance Trading on DEXs
Decentralized blockchain infrastructure Orbs announced the launch of dLIMIT, an innovative decentralized limit order solution for decentralized exchanges (DEXs), this Thursday. The dLIMIT platform is built atop Orbs’ unique Layer 3 infrastructure, which provides a separate decentralized execution layer between existing Layer 1 and Layer 2 solutions and the application layer.
The new dLIMIT platform joins a chain of new products launched on Orbs to enhance decentralization, privacy, and security. Additionally, the platform will guarantee users an optimal and reliable execution layer for limit orders on decentralized exchanges.
"The Orbs dLIMIT smart contract offers DEX users an unprecedented ability to execute limit orders at optimal prices with fair fees," says Ran Hammer, Vice President of Business Development for Orbs.
Notwithstanding, the novel technology also provides a user interface template, “designed for seamless integration and customization by any DEX” building an intuitive, user-friendly and informative trading experience, Hammer added.
dLIMIT platform joins novel technologies built on Orbs infrastructure including the decentralized time-weighted average price platform (dTWAP) that provides a decentralized algorithmic TWAP order tool for DEXs. The latest innovation is built on Orbs’ dTWAP protocol and leverages the latter’s price oracles, which have previously been used on several top DEXs such as Quickswap and Spookyswap.
"dLIMIT, backed by Orbs' robust network infrastructure and smart contract, offers DEXs an optimal limit order solution that ensures decentralization, redundancy, reliability, and user protection," a spokesperson from the Orbs’ team adds.
Orbs launched in 2017 intending to offer users a public, open, decentralized blockchain infrastructure powered by a network of permissionless validators (Guardians) using Proof-of-Stake (PoS) consensus. The Orbs L3 infrastructure is the backbone of the dLIMIT solution. It allows developers to design applications that extend the capabilities of their smart contracts without relying on traditional centralized server solutions.
Additionally, the Guardians on Orbs will validate and approve transactions on dLIMIT. Simply, the Guardians run a tailored function utilizing ORBS-Lambda that acts as the single honest bidder, or "taker", required for the dLIMIT protocol to run optimally. To enhance decentralization, the validators will monitor and validate the transactions on the dLIMIT smart contract and submit an honest bid when an order is open for bids.
This will enable traders and users to get minimal transaction and gas fees while the platform finds the DEXs with the best prices. This provides assurance that the limit order set will track spot market prices as closely as possible when being executed.
Lastly, the statement confirms that the latest innovation from Orbs is gaining “significant interest” from leading DEXs with multiple integrations in progress
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
9 days ago • cryptodaily
LBank Exchange Will List Floxypay (FXY) on Jun 1, 2023
Road Town, BVI, June 1st, 2023, ChainwireLBank Exchange, a global digital asset trading platform, will list Floxypay (FXY) on Jun 1, 2023. For all users of LBank Exchange, the FXY/USDT trading pair will be officially available for trading at 10:00 UTC on Jun 1, 2023.Floxypay, a crypto platform designed to facilitate cryptocurrency exchange, crypto wallet management, and seamless integration with the travel industry for hotel and flight bookings using cryptocurrencies. Its native token, FXY, will be listed on LBank Exchange at 10:00 UTC on Jun 1, 2023, with the goal of expanding its global footprint and supporting the realization of its forward-thinking objectives.Introducing FloxypayLBank Exchange is thrilled to announce the upcoming listing of Floxypay (FXY), a crypto assets trading platform for facilitating cryptocurrency-related transactions, crypto wallet management, and seamless integration with the travel industry for hotel and flight bookings using cryptocurrencies.FloxyPay offers top-class crypto payment solutions that can catapult businesses to success by providing seamless global payment experiences. With a focus on both crypto and fiat currencies, FloxyPay ensures that customers have a secure and efficient payment process.FloxyPay offers a seamless global crypto payment experience, accepting and processing cryptocurrencies from anywhere. With diverse solutions, flexible 24/7 support, and scalable API integration, businesses can manage crypto payments effortlessly. FloxyPay ensures independent, transparent transactions with no chargebacks and multiple crypto options. Their global payment gateway guarantees secure transactions, low fees, and multi-currency support. For gaming businesses, FloxyPay provides fraud prevention and customized payment solutions. FloxyPay will also offer a user-friendly multi-cryptocurrency wallet with enhanced security features in the near future.About FXY TokenBased on Polygon ERC-20, FXY has a total supply of 100 billion (i.e. 100,000,000,000) tokens. Holding and utilizing FXY tokens unlocks a range of exciting benefits, creating a rewarding experience for the platform users. It will be listed on LBank Exchange at 10:00 UTC on Jun 1, 2023, investors who are interested in FXY can easily buy and sell it on LBank Exchange by then. The listing of FXY token on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.Learn More about FXY Token:Official Website | Telegram | Twitter | LinkedIn | Medium | Facebook | Instagram | ContractAbout LBankLBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 9 million users from more than 210 regions across the world. LBank is a cutting-edge growing platform that ensures the integrity of users' funds and aims to contribute to the global adoption of cryptocurrencies.Start Trading Now: lbank.comCommunity & Social Media:Telegram lTwitter lFacebook lLinkedIn lInstagram lYouTubeContactLBK Blockchain Co. [email protected]
11 days ago • cryptodaily
Diversify Your Portfolio: Crypto Trading Meets Traditional Instruments with Exness Trade App
At some point in every trader’s journey, the concept of portfolio diversification becomes a mainstay. It’s a mandatory lesson for life if you’re interested in having the best shot at success and having that elusive result only a small portion of traders end up having – more profits than losses.
In today’s world of high inflation, increasing interest rates and strained geopolitical tension, opening positions across a variety of different asset classes is more important than ever. The Exness Trade App makes this task seamless and convenient.
As a one-stop-shop platform, the app offers the entire A-Z trading journey, from sign-up to withdrawal. More importantly, it offers a diverse range of instruments, including a bountiful selection of cryptocurrency CFDs alongside the more traditional markets. Unlike some other trading apps on the market, Exness Trade provides a comprehensive trading experience for anyone looking to put their eggs in as many baskets as possible.
Why having the crypto trading option matters
Exness opens the door to the next level of portfolio diversification – the ability to spread your capital across a very wide range of crypto prices against the USD, Gold, the Aussie Dollar, and more. Exness Trade App gives access to all of the broker’s cryptocurrency products through its MT5 trading accounts. That means you can trade the price of 25+ crypto CFDs on offer against the US Dollar – from the biggest market players in Bitcoin, Ripple, and Ethereum to the lesser-known 1inch, Polkadot, and Elon Musk’s favorite Dogecoin. Exness is also one of the very few brokers who offer you the opportunity to trade Bitcoin’s price against metals like Gold and Silver.
Beyond having access to such an impressive portfolio of cryptos, trading with Exness Trade App comes with a whole slew of features that can propel your crypto trading to new heights.
Features for an immersive crypto trading experience
What makes the Exness Trade App really stand out is the way it allows users to monitor and analyze their trading performance, as well as its customization capabilities. Since there is such a large collection of cryptocurrencies on offer, you have options to tailor your app experience so that you keep quick track of the cryptos you care about.
For example, in the Performance section, you can analyze your overall trading history for instruments like BTCXAU, BTCUSD, DOTUSD, DOGEUSD, and ETHUSD in terms of profit and loss by looking at different time periods and time categories. Four different time periods – 7, 30, 90, or 365 days – and three different time categories – General period, Time intervals, or Data slices – help you perform a deep dive into your profitable and non-profitable historical crypto orders.
Sifting through all the instruments in the app is made much easier by the three different ways you can view them:
Favorites – you can tag any crypto instrument you’d like as a favorite, such as BTCXAU, DOTUSD, or DOGEUSD, and it will be grouped here.
Popular – a category that is automatically updated based on the overall number of orders from all Exness traders. See how popular crypto trading is with other traders and adjust your strategy accordingly.
Top movers – a list that is refreshed every time the app is loaded, featuring 10 instruments with the highest percentage of daily price changes (top five bullish and top five bearish). Keep an eye out for any big movers in the crypto market here.
For the ultimate personalized experience, crypto traders can set up personalized push notifications on the Exness Trade App, as well as bid and ask price alerts, for specific cryptocurrency CFD instruments or events. Multiple alerts can be set up for a single instrument, such as BTCUSD or ETHUSD, and the app stores a history of your alerts until you decide to clear it. This way, you’ll never miss a minute of the crypto market action that you care about the most.
Beyond these stand-out features, the Exness Trade App also offers more standard, but extremely useful, tools to help you navigate the crypto markets. Things like margin, swap, and spread calculators, economic calendars, trading signals, and the latest news help you hone your trading strategies, while different chart layouts, popular indicators, and the ease of setting up take profit and stop loss orders help to sharpen the technical side of your trades.
Trading the more traditional markets for next-level diversification
Besides cryptocurrency CFDs, the Exness Trade App also caters to traders interested in more traditional markets, or those looking to diversify their portfolio beyond just crypto assets.
Users can access a vast array of CFDs in forex, metals, indices, energies, and stocks. Metals, for example, include a range from the most popular Gold vs. USD (XAUUSDm) with an extended swap-free option, to the rare Palladium (XPDUSDm) that you won’t find with many other brokers. This kind of versatility applies to all the other asset classes, allowing traders to capitalize on a multitude of opportunities across different market sectors and adapt their strategies according to changing market conditions.
Exness has built an app that ensures a comprehensive trading experience, whether you’re a seasoned crypto trader, a beginning trader, or anyone in between.
To learn more, visit https://www.exness.com/exness-trader-app/ and get all of the app’s specifics in the Apple App Store or Google Play Store.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.