In February 2022, [Oasys](https://www.oasys.games/), an innovative blockchain created and developed for the games and gaming community, launched. 

The gaming community can use Oasys games architecture, which combines EVM-compatible Layer 1 (Hub-Layer) and Layer 2 (Verse-Layer) technological solutions to provide players with a high-speed, zero-gas cost experience. Developers, gamers, and fans will have the opportunity to partake in an exceptional user experience.  

For Oasys to come to life, the new gaming chain collaborates with major gaming and Web3 technology businesses, which serve as the 21 initial validators. [Gamers](/news/article/unity-engine-games-review) and [developers](https://www.oasys.games/) using Oasys architecture can use blockchain technology to provide multi-platform and cross-game portability of in-game purchases and skins. 

## Oasys games ecosystem 

"The launch of the ecosystem will revolutionise the way gamers connect, create, and play within the Metaverse," said Gabby Dizon, a founding team member and Co-Founder of Yield Guild Games, a play-to-earn gaming guild. "Thanks to the eco-friendly blockchain, the gaming community can conduct frictionless transactions throughout the ecosystem. We recognise the difficulties that blockchain games built on [Ethereum](/news/article/ethereum-pow-price-prediction) face." 

## Opinions on Oasys launch 

Shuji Utsumi commented, "Oasys games bring the story to life. 

"Gamers are familiar with other fictionalised virtual realities, and it is exactly that, with the added benefit of developer support and recognising the need for an eco-friendly platform that considers important societal and cultural considerations." 

"This is only the first step," BANDAI NAMCO Research's Hajime Nakatani explained. "The Oasys invites content creators to join our ecosystem and community. 

"As involvement in the ecosystem grows, so will fan adoption, bringing the 'Oasys' into the mainstream as a tool for real-world interactions."  

"The Metaverse has arrived! Blockchain technology will play a significant part in how people engage in the virtual world," stated Hironao Kunimitsu, founder of Gumi and CEO of Thirdverse. "But it does something revolutionary for the gaming community, transforming the fictional into a reality." 

"This is a fascinating project," said double jump.tokyo CEO Hironobu Ueno. "The architecture integrates the latest L1 and L2 technology solutions and is designed to be optimal for game developers and the gaming community, drawing on our four years of experience developing blockchain games." 

purple image of oasys games logo on abstract background image

How did Oasys games come about? 

## What led to the rise of KuCoin? 

Two IT nerds who were early blockchain users are behind KuCoin. 

Michael, who began coding at the age of eight and launched his first firm at 16, began mining BTC when he learned about Bitcoin from his supervisor Eric in 2012. However, when he attempted to sell some BTC on Mt. Gox, he realised that what was then the world's largest marketplace took much work for amateurs to use. 

As blockchain usage grew, Michael and Eric saw that it was transforming the financial system to benefit everyone globally — including the less educated, unemployed, and unbanked — relatively not just the wealthy few. By the end of 2013, they had completed the initial draughts of the KuCoin code. 

In 2017, the Seychelles-based crypto exchange announced an initial coin offering. Known as "the people's exchange", it is ranked in the top 10 largest crypto exchanges by volume, according to CoinMarketCap.com. 

## How does KuCoin affect US users? 

[KuCoin](https://www.kucoin.com/) is not authorised in the US. Users there can sign up for accounts, but they will remain "unverified", limiting access to some functions. KuCoin has comparable restrictions outside of the US.  

KuCoin has low fees and allows you to trade in various [cryptocurrencies](https://www.forbes.com/advisor/investing/cryptocurrency/what-is-cryptocurrency/). It's one of the few platforms that allows US consumers to open a margin account for trading cryptocurrency. It gives a 20% reduction on trading costs when you use its token, [KuCoin Token](https://www.coinbase.com/price/kucoin-token) (KCS).   

Users must complete essential financial industry Know Your Customer (KYC) disclosures on the platform. These revealers are put in place to combat crime and money laundering.    

[Hackers](/news/article/nft-hackers-passports) routinely attack cryptocurrency exchanges. The exchange was hacked in 2020, and more than $280 million in assets were lost. However, most of the stolen assets were recovered, while KuCoin paid for the ones they could not recover through its insurance.  

Discounts are given to investors depending on their average monthly holdings of KCS, the platform's native token, or their trading volume in the preceding month. They can reduce fees even more if they pay using KCS. 

## KuCoin fee and class structure 

KuCoin, like other cryptocurrency exchanges, features a maker/taker fee structure, which means you pay varying costs based on whether your order is a maker or a taker. 

Makers add liquidity to exchange by placing fresh open orders that others can fill. Meanwhile, takers restrict liquidity by satisfying existing maker orders. 

The maker/taker fees level varies according to trading level and coin "class" on KuCoin. Cryptocurrencies on exchanges are classified as follows: 

### There are three classes: 

- Class A includes the most popular cryptocurrencies, such as Bitcoin (BTC) and Ethereum (ETH). The maker/taker range when trading Class A coins and the basic level of Level 0 (LV0) is 0.1%/0.1%, respectively. 

- Class B coins, such as Love Coin (LOVE), trade for a 0.2%/0.2% maker/taker fee for that low-volume level of LV0. 

- Class C has very few coins mentioned, and you may never have heard of some of the ones that are listed. Class C contains [cryptos](/news/article/kucoin-crypto-metaverse) with less than $1 million market caps, such as BURP and HIPUNKS. 

Users must pay a charge to withdraw practically all coins from their KuCoin account, as with other cryptocurrency exchanges. 

## KuCoin protection plan 

The crypto exchange has collaborated with Onchain Custodian, a Singapore-based crypto asset protection platform, to keep custody of KuCoin's crypto assets.   

Furthermore, Lockton, a private insurance agency, backs such assets. The site provides basic security protections such as identity verification, password swapping, and anti-phishing phrases.  

However, due to their inability to complete KYC verification, US customers are warned that their accounts may not be as safe as overseas ones. Unverified accounts do not have the same fraud and hacker protection as verified accounts. 

## How to open a KuCoin account 

It is simple to open an account. Go to the respective website, join, and input your email address. They will email you a verification code, which you will enter to create your password. You may also register using a phone number. 

Once you've signed up, you can configure your security settings. These include identity verification,  trade password, and anti-phishing safety phrases are among them. Once you've finished configuring your security settings, you're ready to start trading crypto. 

Customers in the US cannot complete the KYC procedure or use verification benefits such as more significant daily withdrawal limits, fiat trading, better futures leverage, and faster account recovery if they lose their credentials or their account gets hacked, as KuCoin is not US licensed 

With more than 700 currencies on the KuCoin platform, novice and experienced investors may discover almost any cryptocurrency they want to buy or trade. 

## Disadvantages 

The main disadvantage of KuCoin is for users in the US. The need for a US licence poses several dangers. The primary concern is the difficulty for consumers residing there to complete KYC verification. 

Users of KuCoin's platform in the US face significant risks not shared by other platforms licenced in the country. The ability to complete KYC verification would allow clients in the US to access the full range of KuCoin's products. It would also make the site more secure and easier for users in the US. 

The crypto exchange may be a better option for overseas users, as they can complete KYC verification. US customers are not afforded the same safeguards as overseas users. 

kucoin logo on blue background image of man trading

KuCoin: What Led to Its Rise? 

If you have ever asked, 'What is Bitso?', I'm here to help. 

The Bitso cryptocurrency exchange is the first to provide cryptocurrency trading in Mexican pesos. It gives Bitcoin payment services from Mexican merchants and cryptocurrency trading opportunities. The exchange's headquarters are in México.  

## What is Bitso's crypto exchange platform?  

[Bitso](https://bitso.com/) is a first-of-its-kind [cryptocurrency exchange](/news/article/ftx-exchange-under-investigation) platform. Despite the two countries' difficult political climates, it invites US investors to trade on its platform. However, US investors should separately investigate any issue that may emerge due to their domicile or citizenship. 

The [exchange](https://www.blockdata.tech/profiles/bitso) is notable for various reasons. The first is its exchange procedure. It is essential and straightforward. Customers may fund and withdraw money from their accounts, which is the second benefit. The third critical component is its security, driven by cutting-edge technology. 

Another reason for its popularity is the usage of several wallets. Choose the finest online or offline cryptocurrency [wallet ](/news/article/theta-wallet-a-guide)for saving your coins. Bitso's robust exchange APIs contribute to its reputation. It implies that the platform enables users to construct effective apps. 

## How does it function? 

Bitso is a relatively easy platform to use. Starting a transaction on this cryptocurrency trading website is straightforward. 

The first stage will be for people to register on the site. After that, they must complete their KYC, letting users deposit their chosen amount on the Bitso exchange and begin trading. 

## Bitso's key features: 

- User-friendly and easy-to-understand interface. 

- Very efficient customer support system 

- Low trading fee 

- Easy registration process 

- Availability of several cryptocurrencies to trade 

## What is Bitso exchange and what does it offer? 

One of the finest features of the cryptocurrency trading site is its inexpensive trading costs, which naturally attract many customers. 

The site is also simple to navigate, which is another important feature provided by the trading platform. 

Bitso exchange's customer service is among the finest in the market, ensuring that every consumer on the platform receives assistance with anything they want. 

The site's mobile application is also one of the key offerings that distinguish it. 

Consumers may trade from their phones anywhere at any time using the mobile app, which improves the usefulness of this cryptocurrency trading platform. 

The trading fees vary based on the user's chosen trading volume and currency. Users that use Bitcoin as their fixed currency must pay the lowest fee of 0.075% for the minimum trading volume and 0.098% for makers and takers. 

The maker and taker costs for users who select USD as their currency are 0.095% and 0.099%, respectively. 

Unlike many other exchanges, it allows various payment options for deposits and withdrawals. International Bank Wire, Ripple, Either Withdrawals, and SPEI are examples. 

Bitso enables crypto trading for customers in Brazil, Mexico, and Argentina. However, the corporation intends to expand its operations to other regions. It now supports nine different types of cryptocurrencies. They are Bitcoin, Ethereum, TrueUSD, Ripple, DAI, Litecoin, Decentraland, Bitcoin Cash, and BAT.  

The exchange offers three levels of verification, each with its unique set of benefits. Since it allows for fiat currency trade, they must comply with KYC and AML rules. Bitso's security features include multisig wallets and two-factor authentication. The website has a support centre with helpful information, videos, social networking, and FAQs. 

What is Bitso and Why Is It Popular?

Takafumi Komiyama and Yuzo Kano [launched](https://cryptonews.com/reviews/bitflyer/) bitFlyer after working in various capacities for the investment bank Goldman Sachs. Kano traded equity derivatives and convertible bonds, whereas Komiyama was a developer. 

[bitFlyer](https://bitflyer.com/en-eu/) has raised approximately $37 million in seven funding rounds since its inception. Its supporters include well-known companies such as Digital Currency Group, SBI Investment, and Venture Labo Investment. 

The exchange allows users to purchase and sell Bitcoin and other cryptocurrencies in exchange for their choice of fiat money, such as USD, EUR, or JPY. It also enables speedy cryptocurrency purchases with a bank card and other payment options. 

Despite being a prominent exchange in Japan, it is the best-kept secret among European and US traders because of its cheap fees, rapid service, superior security, and ease of use. Remember that, due to regulatory variations, the Japanese, European, and American versions provide somewhat different services at slightly different prices. Regardless of your country, it remains a beginner-friendly and outstanding fiat gateway exchange. 

It is still popular for buying and trading Bitcoin and altcoins in a safe, regulated, and trustworthy environment. Despite this, bitFlyer is one of the lowest-fee exchanges among authorised companies, making it an excellent and dependable alternative for all traders. 

## Key features 

The exchange's key features include: 

- The ability to buy and sell Bitcoin and top altcoins. The exchange accepts five to eight prominent cryptocurrencies such as Bitcoin (BTC), [Ethereum](/news/article/eth-shanghai-upgrade-postponed) (ETH), [Litecoin](/news/article/litecoin-predictions) (LTC), and others. 

- Very low fees. bitFlyer has among the lowest costs among authorised exchanges, making it an excellent fiat gateway for beginner and experienced crypto traders. 

- Highly secure. bitFlyer has never been hacked and is the best exchange regarding regulatory compliance in the cryptoverse. 

- Easy to use. bitFlyer provides two trading options: a simple interface for basic transactions and a complex Lightning exchange for experienced investors. 

- Margin and futures trading. Customers from Japan can trade on bitFlyer's Lightning FX platform, which provides up to 4x leverage. 

- Corporate account. Institutional investors can apply for a corporate account with additional benefits and services. 

# Conclusion 

In a nutshell, bitFlyer is a top-tier exchange that operates in major markets. 

Due to its regulated structure, the exchange may be better for privacy-conscious consumers. However, it remains a good fiat gateway and a secret among many experienced crypto investors. 

blue image of bitflyer logo on blue background

Is bitFlyer a Good Exchange?

CowSwap is an Ethereum blockchain-based, decentralised financial application. It attempts to settle buy and sell orders between its customers, i.e., to discover a coincidence of wants, thereby avoiding slippage and costs. 

Orders not finding a peer-to-peer match are sent to the underlying automated market maker at CowSwap. 

## Differences between CowSwap and UniSwap 

[CowSwap](https://www.alchemy.com/dapps/cowswap)'s interface may appear similar to the ordinary [DeFi](/news/article/what-is-a-defi-token) user, as it is built on the Open Source code used to develop the Uniswap front end. Nonetheless, there are differences between the products: 

It can settle orders on [Uniswap](/news/article/uniswap-exchange-nft-aggregator), Sushiswap, 1inch, and Paraswap, offering users the best price. 

When there is a Coincidence of Wants (CoWs), users [can trade](https://docs.cow.fi/overview/introduction) directly with other users without going through any pools, eliminating the need to pay Liquidity Provider costs. 

In the event of a price movement against your order, the order will expire when users waste gas on unsuccessful transactions, whereas on Uniswap, users will pay. 

It has no liquidity suppliers. Instead, it connects to all on-chain liquidity supplied by various protocols. 

## Cancelling orders  

CowSwap allows users to cancel their orders for free. As a user, they sign the order cancellation in the same way that they place the order, and if the solution has yet to be mined, the order will not be performed and thereby cancelled. 

## Supported wallets 

EOA wallets: Most EOA wallets are supported through WalletConnect, Metamask, or any injected wallet (mobile wallet app browser). 

Smart Contract wallets: At the moment, smart contract wallets such as Gnosis Safe, Argent, or Pillar, since placing the order would need signing an on-chain transaction, rendering it no longer gasless. 

CowSwap is a critical infrastructure for open finance, which will see the creation of more and more tokenised assets and lead to a reliable trading mechanism with the user's best interest in mind. 

cowswap logo onblue image of cows in a field

What is Cowswap and How Does It Work?

Pulse X enables you to exchange crypto on PulseChain for one another. Bridges also let people trade currencies from other chains on Pulse X.

## What is the use of Pulse X crypto?

Liquidity providers receive fees every time consumers exchange from one currency to another on Pulse X. 

Users may connect their ERC20s and couple them with free PRC20s to provide liquidity and earn fees. [Pulse X](https://pulsex.com/) also supports the worth of the PRC20s they received for free.

To further Pulse X's performance, another token will be created to incentivize liquidity providers beyond the payments they presently get. They will obtain LP tokens when they become liquidity providers, which they may deposit into a yield farm. This unnamed token emits tokens with diminishing inflation over time. A DAO decides which trade pairs and at what rates receive this incentive. Only addresses having PLSX balances are eligible to vote in the [DAO](https://consensys.net/blog/blockchain-explained/what-is-a-dao-and-how-do-they-work/). 

## What is the goal of Pulse X Crypto?

Pulse X is a fork of [Uniswap](/news/article/uniswap-exchange-nft-aggregator) with PLSX liquidity provider incentives. Its purpose is to provide the greatest possible trading experience and yield farm for PulseChain users, emphasising incentivising ERC20 holders to bridge in and support the value of their free PRC20s.

Pulse X will charge consumers a 0.29% fee on each switch. [Sushiswap](/news/article/sushiswap-avax-relationship), Trader Joe's, Quickswap, and Uniswap all charge less. Liquidity Providers might get 76% of all trading fees. 21% can be spent on purchasing and burning PLSX, diminishing its availability. 0.01% of the value of a deal will be sent to an address for which you should have no expectations.

The "AMM ratio fixer bot" provides the initial liquidity for Pulse X. It captures almost 99.9% of currencies' liquidity from Uniswap, Suishiswap, and other prominent markets. Then, it recreates those pairings on Pulse X and adds the liquidity it has captured along with new PLS to make Pulse X the considerably most liquid exchange on PulseChain.

Users tend to go where the liquidity is the greatest since they seek the best bargains for their transactions. 

This generates volume. Because liquidity providers earn from the volume, they will most likely deposit on the exchange with the highest volume. It is difficult for new rivals to break through the critical mass of so much liquidity in one location.

Due to the low slippage, centralized liquidity provides consumers with the greatest pricing. That is, when they trade, the price moves against them less. It also implies that fewer arbitrage bots become wealthy by balancing prices from various liquidity sources. Pulse X has lower fees and the most liquidity on the PulseChain, and it only becomes rarer.

## How Sacrificers benefit from Pulse X crypto

Sacrificers can access their free PLSX when the PulseChain mainnet is released. During this period, everyone's Sacrifice is publicly available by checking the public balances of the Sacrifice addresses listed on each chain. This way, you'll know when to make another sacrifice to progress the rankings. Pulse X Sacrificers will receive a Volume Bonus Multiplier of up to 2.5x, much as the PulseChain Sacrifice.

Consider each Sacrifice Point growing legs, donning a shirt with his Sacrificer's address, and forming a long queue in front of an auditorium.

The Sacrificer with the most points lines up first. Next comes the second largest. They stream in, filling the rows from front to back. Let's say a person walks along the rows in their entered sequence, handing each person a card. After he's finished, they notice that the first card dealt is 2.5x. After that, every card he handed out was worth significantly less until he reached the far rear, where the last card was barely more than 1x. The distinction between each card is always the same.

All the points now rise and proceed to the changing room in the same sequence they entered the auditorium. The first point enters, and 2.5 points emerge, all sporting the same Sacrificer's address on their shirts. This process repeats until the Sacrificer's points receive the appropriate bonus. It's a linear bonding curve from 1x to 2.5x in math terms.

The coins of the top person took up the greatest area and were in the best location. The following guy's points took up the second most space and were in the second-best place, and so on. If someone increases their Sacrifice and overtakes someone before the finish, their Sacrifice Points fall down the bonus ranking. The worst rate will be from 21 to 25 February, with no changeable Volume Bonus. Instead, every Sacrifice made in the past five days will receive a 1.75x Bonus.


pulse x crypto logo on image of crypto exchange

Pulse X Crypto: What to Expect 

Blockchain is a decentralised ledger system distributed across computer systems to engender trust and confidence in an environment. But how does network security work?

## What is blockchain security?

Any specified nodes or members who can record, distribute, and view encrypted transactional data on their blockchain have access to information.

[Blockchain technology](https://www.ibm.com/topics/what-is-blockchain) collects and stores information in groupings known as "blocks," with each block holding a specific quantity of data. When an entire block is reached, it is connected to the previous full block, forming a data chain, hence the name “blockchain".

Blockchain security can be defined as a comprehensive risk management system for blockchain networks that includes assurance services, cybersecurity standards, and best practices to reduce the risk of fraud and cyber-attacks.

Since [blockchain](/news/article/blockchain-use-cases) data structures are based on consensus, cryptography, and decentralisation principles, they have intrinsic security properties. Each new information block connects to all preceding blocks, so tampering is practically impossible. Furthermore, all transactions inside a block are checked and agreed upon by a consensus process (authorised users), ensuring that each transaction is truthful and correct. As a result, there is no single point of failure, and a user cannot modify transaction records.

## What are the types of blockchains?

### Private Blockchains

[Private](/news/article/blockchain-for-dummies) blockchains are used by businesses to build up a permissioned network. Private blockchain networks require invitations. Users must be validated by the network's central administrator or initiator or by a rule set implemented by the administrator. Permissioned networks restrict who may join the network and what kinds of transactions they can initiate. In any case, people must be invited or have permission to participate.

Private blockchains usually employ a Proof-of-Authority (PoA) consensus strategy. They are frequently utilised in internal, business-secure contexts to manage access, authentication, and record-keeping activities. Typically, transaction data is kept confidential.

### Public Blockchains

The focus of public blockchains is on participation and transparency. Transaction consensus is "decentralised", meaning anybody can validate their network transactions, and that the software code is open-source and freely available to the public.

The key feature of public blockchain networks is decentralisation via cryptoeconomics, designed to ensure collaboration across a dispersed network. It indicates that the network has no political centre of control and that the software system architecture has no architectural central point of failure in public blockchains.

The amount of decentralisation in a blockchain is determined by the design of the consensus algorithm, network governance, ownership of cryptographic "private keys", and the provision of economic incentives. Consider the idea of "data mining", in which users earn Bitcoin by confirming transactions. This incentive encourages users to join the network and engage in transaction validation.

Governance issues include who produces the software code, who may engage in the consensus method, and who can participate in the community governance tasks that keep the network running. The majority of public blockchain consensus techniques are Proof-of-Work (PoW) or Proof-of-Stake (PoS).

Regarding access, anybody may join and validate transactions, which is the primary distinction between public and private blockchains.

### Consortium Blockchains

Generally, only public and private blockchains come up while discussing blockchains. There is, however, a third option: consortium blockchains. They comprise recognised players pre-approved by a central authority to participate in blockchain network consensus. This "semi-permission" strategy allows a network to be dispersed or partially decentralised while maintaining some control over it. 

Transaction data on consortium blockchains may be kept private.

Consortium blockchains can establish an agreement by "PoW, PoA), or PoS. There are also alternative ways available, such as delegated PoS.

Consortium blockchains are ideally suited for banking, supply chain management, and [Internet of Things (IoT)](https://www.simplilearn.com/what-is-iot-how-and-why-it-matters-article) applications.

## Blockchain security challenges

Blockchain has its challenges. Cybercriminals may exploit blockchain weaknesses and do significant damage. Examples include:

Blockchains rely on massive data transfers that occur in real-time and routed attacks. Hackers with ingenuity can intercept data on its route to ISPs (Internet Service Providers). Regrettably, blockchain users are unaware of any issues.

Mining on large-scale public blockchains requires a vast amount of computational power. A gang of unethical miners can seize control of a ledger if they can pool enough money to obtain more than 50% of a blockchain network's mining power. Private blockchains, on the other hand, are not vulnerable to 51% of assaults.

Sybil launches an attack. Sybil's assaults, named after the book on multiple personality disorder, flood the target network with excessive bogus identities, breaking the system.

Phishing attempts. Phishing is a fraud in which cybercriminals send phoney but convincing-looking emails to wallet owners to get their credentials. This old hacker trick also works with blockchain.

## Six blockchain security examples

Here are a few examples of how companies and organisations conduct blockchain security.

### Mobilecoin

This cryptocurrency firm, located in California, is creating a safe, user-friendly cryptocurrency for businesses that cannot afford to adopt ledger security measures independently. The cryptocurrency used by Mobilecoin substitutes third-party transaction providers, with all transaction data encrypted on both ends. The app is compatible with Facebook Messenger, WhatsApp, and Signal.

### Coinbase

Coinbase is another cryptocurrency firm situated in California. It is a digital currency exchange where you can buy and sell digital money. Coinbase operates solely on encryption and saves wallets and passwords in a secure database. To guarantee bitcoin safety, employees must go through a thorough background check.

### J.P. Morgan

J.P. Morgan is the largest and most well-known banking firm in the US. It has created Quorum, an enterprise-focused version of Ethereum that uses blockchain technology to conduct private transactions. J.P. Morgan employs smart contracts on its Quorum network to make visible and cryptographically secure transactions.

### Lockheed Martin

This defence contractor, based in the US, is the first to incorporate blockchain security. Lockheed Martin and the cybersecurity firm Guardtime Federal collaborate to implement blockchain cybersecurity protocols in engineering systems, software development, and supply chain risk management. The objective of Lockheed Martin is to employ blockchain to secure every step of its weapon development processes.

### Cisco

This California-based software juggernaut believes blockchain is suitable for the IoT because the intrinsic ledger technology eliminates single points of failure and encrypts essential private data. This concept is crucial since the IoT has been rapidly expanding. If blockchain technology becomes the dominant IoT network, its visibility and utilisation will increase. Of course, having a major IoT player on your side can't hurt!

### Hashed Health

This healthcare innovation start-up in Tennessee intends to assist the healthcare industry using blockchain technology. Hashed Health has collaborated with several hospitals and healthcare organisations to create secure digital blockchain networks for patient information exchange and certain internal communication channels. 

The company has three divisions: Hashed Collective, Hashed Enterprise, and Hashed Labs, with each focusing on a distinct area of blockchain.


blue image of blockchain technology and lock

Blockchain Security: An In-depth Analysis 

We have compiled this list of the top alternatives to Trading 212, suiting customers looking for a trading platform with similar features. 

These alternatives will also suit customers seeking a missing tool not currently found on Trading 212. 

## Why should traders choose Trading 212?

[Trading 212](https://sortter.com/trading-212/) is a well-known trading platform that offers several tools for stock research and trade execution. The programme allows users to trade exchange-traded assets such as fractional shares and CFDs on 29 commodities, 36 indices, 1,536 stocks, and 184 currency pairings. Users may invest in stocks, exchange-traded funds (ETFs), foreign currencies, and commodities without commissions.

Negative Balance Protection is a significant feature of the Trading 212 app. When users place a deal that does not fulfil the standards, their account will always stay above zero despite their negligence. This function can reduce their profit loss when deals do not go as anticipated, making it one of the most powerful tools accessible to traders.

The app is intended to give customers easy access to all their data in one location. The UI is straightforward, making it suitable for traders of all skill levels. Any device, including tablets and desktops, may view users' open opportunities. Skilled traders who want additional alternatives will also appreciate the ability to establish price alerts to receive notifications when certain prices hit specified thresholds.

The Trading 212 mobile app offers a wealth of educational resources and notifications to assist customers in trading their path to financial freedom. They seek to raise the standard of customer service by providing helpful video lessons, instructional resources, and educational programmes to assist customers in learning the characteristics of successful traders in the sector.

Nevertheless, there are several difficulties that the app has yet to address, and they are as follows:

There are limited ETFs to consider investing in, automatically lending customer shares and high currency conversion fees. 

Trading 212 is also unavailable in the US or Canada, so if customers reside in any of these countries, they should hunt for alternatives to Trading 212.

## How to open a Trading 212 account 

The Trading 212 mobile app provides a convenient, safe, and secure environment for traders to engage with one another. Traders may deposit cash, trade, generate income, and speak freely with one another to improve their stock trading skills.

1.	Users must initially register with the app by entering their email address, nationality, birth date, and other information.

2.	Consumers may be required to supply bank statements, tax information, or a tax ID.

3.	Customers must first choose a base currency and an account type, such as an ISA, CFD, or investment account.

4.	Trading 212 will ask users about key information they wish to store in a database, such as their financial condition and trading experience.

5.	Consumers will then agree to the app's terms and conditions and authenticate their account using residency or identification verification.

6.	Creating and validating an account might take two to three business days.

## Things to consider when looking for alternatives to Trading 212

Compatibility: Users must select a Trading 212 alternative with features and trading costs that suit their needs and investing approach.

Fees: While looking for an alternative, clients should consider the costs they may be paying. Trading 212 does not charge a commission cost; thus, an ideal option would set zero or a very modest commission price.

Security - Security is a crucial factor to consider while searching for alternatives. Always investigate each agent's security methods and policies. Always ensure that your broker's security processes and procedures satisfy the basic levels set by authorities such as the Financial Conduct Authority ([FCA](https://www.handbook.fca.org.uk/handbook/MAR/5/3.html)).

## Top broker alternatives to Trading 212

1.	IG Broker
The IG Group is the world's largest CFD [broker](/news/article/sam-bankman-fried-bail-co-signers-revealed). It provides various goods and services, including FX and currency, shares, indices, and others.

Consumers can trade using their computers or mobile devices. Yet, because all of IG's applications are integrated, installing software on your mobile device is unnecessary. The platform can also obtain real-time market data, making it faster, simpler, and safer than nearly every available app.

[Trading 212](https://sortter.com/blog/article/trading-212-app/), on the other hand, has an excellent app. IG offers cheaper costs and provides fee-free bitcoin withdrawal options. After two years, there is an inactivity fee assessment. The FX and stock CFD costs, on the other hand, are rather hefty.

2.	XTB
XTB provides diverse [trading](/news/article/cudos-funding-over-10-million) circumstances, including Forex CFDs, CFD, and CFD futures markets. Exchanges are offered in the US, Europe, the UK, and 108 other nations worldwide.

It is easy to create an account on the site and begin immediately after finishing the registration procedure. Deposit funds with a Visa or MasterCard credit card; alternatively, there are various wire transfer methods from your bank account.

One disadvantage of using this broker is that it charges an inactivity fee.

3.	[eToro](/news/article/etoro-fees)
eToro is an excellent alternative for Trading 212. The broker offers zero-commission stock trading. The site includes several new features, like social trading and a cryptocurrency platform. The account opening process is quick and easy. Yet, there are some disadvantages. There is a $5 withdrawal charge, and eToro only accepts USD accounts, so conversion expenses on deposits and withdrawals might be significant if your funding currency is not US dollars.

The following traders will benefit from the broker's mobile app: Individuals seeking a zero-commission platform, Multi-asset traders (those who wish to trade many assets simultaneously), and Newbies looking to make their first stock trade.

4.	[Capital.com](http://capital.com/)
Capital.com provides an excellent account opening experience and a diverse choice of capital markets products, including cheap FX CFD costs and commission-free actual stocks, as well as high stock index CFD fees for Capital.com clients. To trade on Capital.com, customers must make a minimum deposit of $20 to start an account. Withdrawals are free as long as no slippage penalties are applied.

Compared to Trading 212, all of these brokers are considered viable trading options. They offer appealing features, and most consumers are pleased with their experience. When moving assets, users should conduct studies and select the best alternative.


blue image of trading212 app on phone and trading statistics

Alternatives to Trading 212 

CoinsKid is a website highlighting the most popular crypto projects at the time, including hot crypto projects and trending cryptos.

Crypto financial recommendations, analyst reports, top crypto 2023, currency trends, technical analysis, forecasts, and hot markets are among the things to be found on the [CoinsKid](https://www.coinskid.com/) website.

The site also includes:

•	Links to the most recent and popular cryptocurrencies.

•	Connections to offers and trades.

•	Social networking links.

There are 18,612 cryptos on the watchlist, with a total market value of $1.17 trillion.

The CoinsKid website tries to answer the following questions: Which cryptocurrency is popular now? Will the price of it rise? Will the price of cryptocurrency fall? Is the price of cryptocurrency rising? Is cryptocurrency a good investment? When will the price of cryptocurrency drop?

## How to find market capitalisation on the CoinsKid website

Market [capitalisation](https://www.fidelity.com/learning-center/trading-investing/fundamental-analysis/understanding-market-capitalization), often known as Marketcap, is the value of a cryptocurrency project. In most circumstances, it is simple to compute simply by multiplying the price of a cryptocurrency by its supply. The CoinsKid website has a market capitalisation calculator.

## Dedicated section to MoonShot crypto on the CoinsKid website

[MoonShot crypto](https://project-moonshot.me/) is a unique sort of cryptocurrency asset. It is a "deflationary, self-regenerating autonomous liquidity supplying protocol". The website also has a section dedicated to the most recent MoonShot crypto projects. 

MoonShot crypto initially had a total quantity of one quadrillion tokens. Presently, almost 300 billion tokens have been permanently destroyed. The term "protocol" merely refers to the blockchain definition underpinning the [crypto](/news/article/crypto.com-under-investigation) asset. A "liquidity supplying" system is a blockchain that pays out money to MoonShot token holders.

Every transaction on the [blockchain](/news/article/blockchain-energy-fud) results in 4% of the transaction value being paid directly to MoonShot holders. Also, 6% of each transaction is added to the liquidity pool, helping to reduce volatility and maintain a rising price floor.


What is on the CoinsKid Website? 

[Calyx](https://calyx-token.io/other/litepaper.pdf) is not yet a cryptocurrency. The token is still in its presale stage, so it cannot be discovered on credible price listing websites, nor can you get a price forecast anywhere. However, Calyx is on track to become a full-fledged cryptocurrency shortly.

Calyx is meant to be permissionless. This means that two separate users can carry out a transaction without requiring the consent of a network central authority figure.

## Calyx token - Concept of decentralisation

Calyx is meant to be a [liquidity protocol ](https://www.gemini.com/cryptopedia/what-is-a-liquidity-pool-crypto-market-liquidity)for what it will do, indicating that it is compatible with liquidity pools. These are pools of cryptocurrencies managed by [smart contracts](/news/article/smart-contracts-blockchain) - computer programmes that execute automatically when specific criteria are satisfied and are used to facilitate trading on a decentralised exchange (DEX).

A decentralised exchange is a cryptocurrency exchange that, rather than having an organisation in charge of deciding which coins and [tokens](/news/article/drip-token) can and cannot be listed, lets users buy, sell, and trade whatever tokens they choose.

## Calyx token - Removal of the exchange element

One of the possible challenges with DEXes is that it can be difficult to work with tokens and currencies that do not exist on the blockchain on which the DEX is built.

Calyx intends to address this issue. Typically, users who do not have access to the native token of a network or DApp must resort to exchanging and acquiring some tokens before they can participate. This makes the entire process time-consuming and expensive, according to the whitepaper.

However, with a very intuitive and lightweight CalyxSwap, requirements for this procedure will be eliminated by allowing users to quickly swap between tokens in a single transaction at the best rates available across all pooled liquidity sources (DEXs).

Users will not need to establish an account or register on Calyx to participate in this simple process of exchanging their existing tokens for the token of the network or DApp they like. For now, the token exchange will be carried out via the Ethereum blockchain for transparent transactions. The development roadmap includes plans to expand support for other commonly used blockchain networks.

## Calyx token - What is it

CLX is a token rather than a coin because it is based on the Ethereum blockchain. Everyone will hear allusions to the Calyx currency at this early stage. It has the same meaning. Calyx token (CLX) has the same crypto ticker as Celeum, CargoLink, Coin Clix, and Consistency Labs, which needs to be clarified. It will be critical to avoid becoming confused when Calyx hits the open market. However, if users see CLX on any exchange, it is not the Calyx token.

## Calyx token - How it will work

Calyx, like most other blockchain networks, will have a token. Calyx token (CLX) will be used to help operate the system, with cryptocurrency holders able to vote on network changes.

Holders can also stake the token in exchange for incentives, effectively earning interest on their cryptocurrency. CLX will collect fees from traders, exchanges, currencies, and tokens in the system.

To keep the price of Calyx stable, a fixed amount of CLX received in fees will be burnt at unspecified periods. CLX will have a maximum supply of one trillion units.

## Calyx website

The Calyx website is promoting the third stage of its presale, which was supposed to finish on 4 July, 2022. A potential investor could be concerned about the site being two days out of date, which could be resolved at any moment.

A roadmap for the system and the coin is available on the website. It plans to deploy its main net this year, build a DEX aggregation algorithm, provide support for cross-chain transactions, create a trader dashboard, and establish its digital autonomous organisation (DAO) before the end of the year.

The identities of Calyx's founders are not included on the website or anywhere else. While this is not uncommon in the crypto world, anyone conducting due diligence on an unpublished coin should keep this in mind.

CLX's presale price is on the site as $0.0007. It is usual for newly released cryptocurrencies to have volatile pricing. Another question is how long CLX will remain at that price once it can succumb to market forces. Since the cryptocurrency market is now bearish, there is a good chance that CLX will fall before rising.

Some less reputable crypto sites are pushing CLX as the closest thing to a sure thing in crypto. Many websites are eager to produce paid articles supporting specific cryptocurrencies not governed by compliance regulations.

Remember that other cryptocurrencies, like PI, have been marketed for an extended period without making it to the market. Furthermore, there are no named founders for CLX, which

may put some people off if they want someone to hold them accountable for a cryptocurrency that has yet to trade.

As with any cryptocurrency, users must use caution. Prices can fall and rise, so users should only invest an amount that they can afford to lose.

Calyx Token: Worth the Wait?

Illuvium is a pioneer in the innovative [blockchain gaming sector](https://www.gemini.com/cryptopedia/nft-blockchain-gaming-industry). The project is a blockchain-powered decentralised role-playing game (RPG) using non-fungible coins (NFTs). 

The open digital environment of Illuvium allows players to search for in-game objects and animals (Illuvials) in the form of NFTs that users may utilise for battle, gathering, and trade. Illuvium uses Illuvial NFTs to represent combat items, skins, collectables, emotes, and other goods. These NFTs may be purchased and exchanged on sites like OpenSea, in-game, or the IlluvDEX, the linked decentralised marketplace. 

The ILV token is an Ethereum-compliant [ERC-20](https://www.gemini.com/cryptopedia/erc20-token-standard-ethereum) governance token used to control Illuvium's decentralised autonomous organisation (DAO). The coin also earns money through in-game purchases on IlluviDEX to incentivise token liquidity; ILV tokens are also used as an incentive for locking liquidity within collaborating decentralised finance (DeFi) systems. 

## How the crypto gaming ecosystem works 

Traditional RPGs place players in a universe where they manage a group of characters and are accountable for gaming decisions that affect future events. The more a character is utilised, the faster they may grow and gain new abilities and talents. 

In Illuvium, players (known as Hunters) catch deity-like entities known as Illuvials, which can be kept on Shards. Illuvials are classified (Fighter, Guardian, Rogue, Psion, and Empath) and have affinities (Water, Fire, Earth, Air, and Nature), each with unique abilities. NFTs placed in the player's digital wallet symbolise Illuvials. 

If a user catches many Illuvial types, they can be fused to become more powerful via a [burning mechanism](/news/article/dogecoin-bridge-explained) that shreds the present NFT to mint a more powerful form. 

The blockchain-based game also employs a play-to-earn system in which users may earn in-game incentives through ILV tokens by competing or completing tasks. Users may also catch Illuvials and gather materials to purchase and sell on Illuvidex, the in-game marketplace. 

Illuvium also has a multiplayer combat arena mode where gamers compete for ILV awards and a better rank. 

## Features of Illuvium 

Through the Illuvium website, users may browse non-fungible tokens and purchase them on the OpenSea collectable marketplace. The Illuvium [DAO](/news/article/daomaker-guide) mints these blockchain gaming objects in various formats, including Cosplay and Genesis Promo. 

In addition to typical NFTs, Illuvium's system offers "lands," which are marketable and earnable in-game. The land is divided into five grades based on scarcity and quality. 

Immutable X is a project created primarily to boost transaction throughput for usage with Ethereum blockchain gaming systems and NFTs. Illuvium leverages Immutable X's powerful Layer-2 scalability capabilities to offer rapid transactions and zero gas fees, accomplished through Zero-Knowledge Rollups (zk-Rollups), a type of privacy-focused Layer-2 scaling. Furthermore, to ensure the Illuvium platform's robust security, the system employs Zero-Knowledge Proof cryptography to prevent bad actors from obtaining users' private keys. 

Staking is made feasible for gamers because smart contracts reward users. The staking method employs core and flash pools and the standard (ILV) and synthetic (sILV) versions of the ILV token. The ILV pool and the ILV/ETH pool are the two major core pool types that allow users to stake their ILV. Users may only stake ILV in the ILV token pool, but users can offer liquidity to the ILV/ETH pool (through ILV or ETH) in return for Sushi Liquidity Provider (SLP) Tokens, which users subsequently stake. 

XYZ NFT protocol's XYZ token are two examples. In contrast, flash pools hold tokens from partner projects: the Axie Infinity Shards (AXS) token and the Universe. After staking their tokens, users have the choice of receiving their tokens in ILV or sILV. Those who opt to receive their prizes in ILV face a 12-month lock-up period. Those who prefer to receive their tokens in sILV can spend them instantly within the game to purchase NFTs and other blockchain game products. 

Illuvium has relationships with numerous DEXs, including SushiSwap and 1Inch, with more to come. Once completed, IlluviDEX will allow players to trade in-game NFTs and ultimately have other capabilities. 

The protocol is governed and maintained by ILV holders through the Illuvinati Council. ILV token holders vote to elect council members. Illuvium Configuration Change Proposals (ICCPs) and Illuvium Improvement Proposals (IIPs) allow council members to submit changes to the ecosystem (IIPs). 

## Price Prediction 2023 

In 2022, Bitcoin's price was greatly influenced by high inflation and an exceedingly dangerous macroeconomic environment. When considering the internal crypto difficulties of major firms such as FTX, Celsius, Voyager, and Luna, 2023 seems to be better for the bulls. We're likely to witness a lot of dull sideways price activity, with a tendency to fall lower with each tiny market quake. 

A month-by-month analysis of the final months of 2022 and 2023 is shown below: 
![illuvium dates](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/illuvium_56a342fb18.png)


## Illuvium: Is it a good investment? 

Illuvium, like all other cryptocurrencies, is a high-risk investment. It might hit $39.50 in the near future. In the long run (eight to ten years), it might reach $423.53 or more. Due to the compelling use case, well-designed tokenomics, active community, and a solid team behind it, it has a better possibility of going up than down. 

## What can cause Illuvium to fail?  

For a variety of reasons, cryptocurrency ventures fail. Some of the most common are: a team goes rogue and abandons the project, regulators declare it illegal and press exchanges to delist it, a lack of media attention, more successful competitors, a lack of a well-designed marketing strategy, a loss of community support, a potential vulnerability in the protocol, failing to achieve the expected minimum development activity on the protocol, and failing to attract new developers to build on their platform. 

## Illuvium: The current price 

The current price of Illuvium is $59.31, with a 24-hour trading volume of $14,097,003. In the last 24 hours, Illuvium has been down 8.18%. It now ranks #185, with a live market cap of $119,940,101. There are 2,022,096 ILV coins in circulation, with a maximum supply of 10,000,000 ILV coins. 

If users are wondering where to buy Illuvium, the leading cryptocurrency exchanges for trading Illuvium stock are Binance, BTCEX, Bybit, BingX, and OKX. 

What is Illuvium and How Will it Fare?

Bored Bunny unites a collection 4,000+ bunnies in the form of 3D-designed NFTs, all living on the Ethereum blockchain. The project's partners are David Dobrik, Umar Kamani, John Terry, and Floyd Mayweather. But what's going on with the NFT price?

## How an online influencer affected the Bored Bunny price

David Dobrik, an online influencer, joined the movement. For those unfamiliar with Dobrik, he is a YouTube vlogger with 18.3 million subscribers. Most of his material is lavishly surprising his friends, family, and occasionally fans with costly presents and experiences.

Dobrik received the Best Collaboration [Streamys Award](https://streamys.org/nominees-winners/10th-annual-nominees/) in 2020 and was nominated for Favorite [Social Media Star](https://wegotthiscovered.com/tv/here-are-the-slime-eligible-2022-nickelodeon-kids-choice-award-nominees/) in this year's Kids' Choice Awards.

Joining the Bored Bunny Community means becoming part of a family of investors and NFT enthusiasts that believe in the future of cryptocurrency and [blockchain](https://coinrivet.com/dictionary/blockchain/) technology. The aim is to create the most influential community and project centred on NFTs.

## Bored Bunny price on release

When the Bored Bunny NFT price became known to the public, it was 0.4 ETH. The NFTs can no longer be minted. However, they may still be purchased on secondary markets such as [Opensea](https://opensea.io/collection/bored-bunny--nft). Nobody can foresee whether or not the price of this NFT will climb.

As of 6 January, sales had increased, leading to a price rise. The fact that numerous celebrities are now a part of the community, which surely boosts its worth, may also be used to predict the price of Bored Bunny NFT.

The Bored Bunny price was roughly 5,000 mint NFTs for 0.4 ETH ($1303.60). The initiative intended to distribute items, conduct events, create a private metaverse, and so on, guaranteeing consumers that their tokens will be worth 5-10x more. According to Twitter user @zachxbt, Bored Bunny sold $7.5 million in NFTs less than an hour after the sale began.

[Zachxbt](https://twitter.com/zachxbt/status/1509565668852703237?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1509565668852703237%7Ctwgr%5E72bc25c772ba733df7ef4c02831ab8263fa12578%7Ctwcon%5Es1_&ref_url=https://wegotthiscovered.com/news/influencer-david-dobriks-bored-bunny-nft-scam-explained/) has also raised the red flags that the pricing was too expensive and that it was marketed by influencers and celebrities unfamiliar with NFTs.

Following that initial sale, the value of the Bored Bunny collection fell from 0.4 to 0.059 ($192.28) ETH, and the team made $6 million. Dobrik has been called out since then, most notably by internet personality Faze Banks, who was promised $500-$700K to promote the NFT project but rejected it. 

Customers are urged to do their research and warned that if celebs promote NFTs, there is a chance customers' tokens will drastically lose value.


Bored Bunny NFT Price: What's Happening?

[Luna Rush](https://doc.lunarush.io/) is a simple hanging-up [game](https://lunarush.io/) in the anime style. It is an incremental game about strategy, with each character meticulously crafted.
Flamboyant effects and the ultimate weapon are sure to hook players! Users can summon their warriors, train them to become mighty heroes, or evolve them into spirit material.

Users may send their team on a mission to kill formidable bosses, engage in solo fights, and compete in a competitive tournament with other masters to gain special prizes. In the game, users may command their warriors to combat other players, kill bosses, and even compete in tournaments to win exclusive NFT stuff.

Players can play to enjoy themselves while making real money with their talents. They can earn their assets in-game by selling, purchasing, renting, and swapping their NFT assets on the Marketplace.

Users may use their tactics and luck to combat other players, team up with friends, win a tournament, and earn money.

Other details include:

•	There are 11 distinct warriors, each with their own unique set of skills. To improve the warrior's strength, fusion and level-up are required, as well as learning new skills and providing additional weapons. Warriors can be bought on the market or summoned through the game shop.

•	Warrior levels will be defined according to rarity, ranging from common to rare, elite to epic, and legendary to mythical. Gamers can eventually unite soldiers of the same type or rarity. If the union is successful, the warrior's rarity will grow. Furthermore, once the player gains enough experience, the warriors will level up, unlocking new skills.

•	Passive skills, stat boosters, supers, and talents are the four warrior skills. Players may equip their warriors with weapons in addition to skills. Weapons are classified into five types: fast weapons, heavy weapons, long weapons, thrown weapons, and sharp weapons.

•	To acquire tokens, players engage in Boss hunting, PVP fights, everyday activities, tournaments, and leaderboard, to earn tokens.

•	Frejlord, Zaun, Piltover, and Nomia are among the 6,000 diverse lands. Each one has a unique location and set of traits. As the landowner, the player can rent it out to others for a charge during the mission.

•	The creators included a Guild feature in the game to foster a stronger community. Players may interact with others at Guild to organise the community and produce value. In addition, participants will have access to the Guild Shop, which will contain special items.

•	The creators are thinking of adding a Metaverse. In the universe, players may combine assets from other galaxies and vice versa.

•	LUS is a 350,000,000 pre-mined coin that serves as the governance token.

•	Play to earn.

## Luna Rush token

LUS is the native token of the game, launched on the Binance Smart Chain. To acquire LUS tokens, players may engage in boss hunting, PVP fights, daily activities, tournaments, leaderboards, and bets. Furthermore, Luna Rush token holders can participate in platform governance and vote on its future growth.

In the last seven days, the price of LUS has increased by 92.99%. In contrast, the price has dropped by 3.13% in the previous 24 hours. According to reports, the coin is currently worth $3.690592.   

## How to purchase LUS?

Although Luna Rush is not currently accessible on Coinbase, customers may [obtain](/news/article/best-farm-games-2022) LUS tokens on the PancakeSwap market. Here's how to acquire Luna Rush cryptocurrency:

1.	Purchase BNB (through an exchange).

2.	Navigate to the PancakeSwap website and link the wallet.

3.	Copy the Luna Rush coin address from the CoinMarketCap website.

4.	Copy the address and choose the Luna Rush token.

5.	Enter the amount to be swapped and press the Swap button.

## The core team 

[Luna Rush](https://remitano.com/learn/gh/post/25983-discover-luna-rush-new-hidden-gem-a-vietnam-blockchain-game) is the outcome of collaboration between Helios, VNDC, BAS, monihub, and JC. It took almost a year to come up with ideas and develop them. Helios Entertainment's first product, Werewolf Voice, a mobile board game, was released in 2018. Werewolf Voice has received more than 10 million downloads, primarily in Vietnam and Thailand.

The key members have prior technology, marketing, and community-building expertise. The company has the benefit of building a solid community that will support the project in the long run.

On Binance Smart Chain, the creators released LUS. The idea proved to be an appealing enterprise for investors and industry specialists. The firm behind the game and token has established relationships with several companies, including Remitano, MH Ventures, BSC Station, and Senspark Ventures.

## Tokenomics

According to the creators, the overall quantity of LUS will be set at 350,000,000 tokens. One of the project's benefits is that the total supply will always be at most 350 million tokens.

Unlike many other games, the initiative promises investors that there will be no growing inflation. Furthermore, according to the creators' roadmap, by the 35th month following the game's release, 100% of the total quantity of LUS will be in circulation on the market.


luna rush gamefi play to earn game logo over purple image of sci fi world

Luna Rush - A Gem of a Game

According to Shibburn on Twitter, there have been 17,434,272 [$SHIB](https://twitter.com/search?q=$SHIB&src=cashtag_click) tokens burnt and eight transactions in the past 24 hours. Burning $SHIB lowers its circulating supply while allowing users to earn passive money.

## Shibburn portal

Anyone can use the ShibaBurn [interface](https://burn.shibaswap.com/) to send their [SHIB](/news/article/shiba-inu-coin-burn) tokens to a remote crypto wallet address, the specifics of which will not be stored. This implies that once the crypto tokens transmit to this wallet address, they can never be recovered and are thus lost forever. The objective is that with each burn, the wealth of the community rises, rewarding the long-term work to create Shiba Inu, said Shiba Inu creators in a blog post.

## The reward for Shibburn users

The Shiba Inu crypto coin, based on the Ethereum (ETH) network, was created by an anonymous developer named Ryoshi. Using the Ethereum request for comment (ERC) version 20 protocol, he has now generated another token called the RYOSHIS VISION token. 

According to details within the blog article, if you burn SHIB tokens, users will be rewarded with RYOSHI VISION tokens. Furthermore, 0.49% of all RYOSHI transactions will be given to SHIB token owners who have burned their tokens.

## Advantages of burning cryptos 

Like any other financial asset, cryptocurrencies derive their value from the economic rule of demand and supply. If an item is abundant but does not have enough demand, the price will decline, and vice versa. 

Burning SHIB crypto tokens, or any crypto token, should reduce supply and drive the price (assuming its demand stays constant or goes up). 

[Shiba Inu](/news/article/shiba-inu-news-will-it-rise) is now trading at $ 0.0000121 per (SHIB/USD) with a market size of $6.65B. The 24-hour trading volume is $386.13 million.

The coin does not support smart contracts and has no assets behind it. It can, however, it can pass from one user to another.


What is the Shibburn portal?

Bitcoin has now completed its 11th straight day outside the "Fear" zone on the Crypto Fear and Greed Index, extending its longest stretch since late March. What is today's price?

## What is today's Bitcoin price?

Today's Bitcoin price reached $23,955, its highest level of the year. It has now dropped marginally to $23,687 as of this writing. Meanwhile, sentiment is solidly in the Greed zone, with a score of 61, its highest level since bull run peak on around 16 November, 2021, when it was about $65,000.

## Will the Bitcoin price last? 

Despite the coin's recent strong rebound, market players continue to discuss whether the current price rise is part of a [bull trap](https://seekingalpha.com/article/4573410-bitcoin-bull-trap-fully-loaded-technical-analysis) or whether there is a genuine opportunity for a [bull run.](/news/article/bitcoin-forecast-2023)

The current rise has brought many more holders back into the green. 64% of BTC investors are currently profiting, [according](https://app.intotheblock.com/coin/BTC) to statistics from the blockchain intelligence portal IntoTheBlock. According to on-chain analytics firm Glassnode, those who initially purchased BTC in 2019 are also back in profit. 

## What will be today's BTC price?

The average first-time purchase price for [BTC](/news/article/bitcoin-to-pounds) investors in 2019 was $21,800, implying that those investors are up nearly 9% at $23,687. 

Meanwhile, according to a [survey](https://twitter.com/coingecko/status/1619790705567895552) conducted on 29 January by crypto market platform CoinGecko, 57.7% of 3,725 respondents expect BTC will reach $25,000 this week, while just 21.2% believe BTC will fall below $22,000.

## Analyst views on BTC resurgence

Dr Jeff Ross, the founder and CEO of Vailshire Capital, also gave a technical analysis, predicting that a short-term spike toward $25,000 is possible. 

On 29 January, Blockware's head analyst Joe Burnett warned his 43,900 Twitter followers that BTC will not reach and surpass its all-time high of $69,000 until after the second halving event, which takes place in March 2024.

According to Lyn Alden, a macroeconomist and financial consultant, there may be significant danger ahead, with [potentially risky liquidity circumstances](https://www.coindesk.com/markets/2023/01/10/poor-bitcoin-market-liquidity-keeps-crypto-whales-at-bay/) predicted to jolt the market in the second half of 2023.


What is today's Bitcoin price?

[Baby Doge Coin](https://babydoge.com/), released in June 2021, is constructed on the Binance smart chain, with exceptionally fast 5-second block times and lower gas prices than Ethereum. Lets look at how it works and the mining process.

Binance Smart Chain (BSC) produces solidity-based smart contracts at a significantly faster and more efficient rate than other competing chains. BSC is one of the most extensively utilised blockchains for Decentralised Finance, with decentralised exchanges offering lightning-fast swaps and incredibly minimal fees.

The coin is hyper-deflationary with the static reflection that rewards holders, so additional coins add to your wallet with each transaction.

## Aim of Baby Doge

Baby Doge Coin was one of the first meme coins to launch with a live decentralised swap straight on its website.

It is also one of the first meme currencies to accept [credit card](https://cdn.shopify.com/s/files/1/0388/4833/1916/files/1228474_WhitePaperInfo_022822.pdf?v=1653089326) payments for crypto on its website. The Paw Wallet helps users to keep track of their rewards from reflections, wallet balance, currency worth, and other information.

The NFT marketplace is its most ambitious initiative. It will let users make and buy/auction their own NFTs and give a percentage to help preserve dogs. Finally, there is a product store where holders can proudly support their favourite meme in real life, with earnings benefiting the cause and assisting other dogs in need.

## Value of Baby Doge

### Transparency

Baby [Doge](/news/article/elon-musk-twitter-dogecoin) is decentralised and supported by its user community. They value open communication and feel trust, openness, and community are the three cornerstones of long-term success.

### Community

Baby Doge is one of the most rapidly developing and well-liked crypto communities, and they think they are only as powerful as they work together. [Community](/news/article/music-nfts-fans-community) is vital to them, and they seek to involve people from all around the world. We offer dedicated telegram channels for our foreign communities.

### Trust

Trust is essential in the crypto industry, which entails complete openness in the community, development activities, and security efforts. A third-party dessert finance firm has audited it, and the bulk of the LP tokens have been burnt and locked. There are no rug pulls here, only adorable baby doges.

### Longevity 

Baby Doge is committed to the long haul. To drive practical use cases, the decentralised community fosters and adopts long-term growth of the ecosystem and foundation.

### Baby Doge Coin ecosystem 

Baby Doge is decentralised and is controlled by its lively community. It encourages and supports varied viewpoints to establish the finest crypto community possible with the noble goal of saving dogs in distress.

Tokens of Initial Liquidity are burnt and locked. Existing holders receive a 5% fee for each transaction in their network. That implies you make more money by keeping it in your wallet. Furthermore, 5% of all transaction costs are for liquidity.

The coin has three simple functions: reflection, LP acquisition, and burn. Each transaction has a 10% fee, split two ways. 

•	A 5% charge applies to all existing holders. 

•	The 5% fee is divided 50/50, with the contract selling half of it into BNB. The other half is paired with the previously stated BNB and placed as a liquidity pair on Pancake Swap.

•	So far, 30%+ of the overall supply consumption means that every transaction burns 30%+ of the 5% redistributions.

## What is Baby Doge mining?

•	When [users](https://minebabydoge.com/) use this code x7dk-vmmj as their sponsor's referral ID, they will receive a 25% charge decrease (0.75% cost down from 1%) for Baby Doge mining

•	Users may choose between Windows and Mac [downloads here](https://unmineable.com/miner) and follow the instructions if they wish to participate in Baby Doge mining.

•	As Baby Doge mining grows more popular, more companies will begin accepting the coin and rewarding users for watching advertisements or performing little tasks online.

Find two sites that many users utilise to earn rewards below.

1) Clear Traffic 4U - Users receive one Baby Doge Coin for each eight-second advert they see. More information is available in the [members'](https://cleartraffic4u.com/r/bdr) area.

2) Orbital Traffic - For every eight-second advertisement viewed, users receive one Baby Doge Coin. More information is available in the members' area.


baby doge logo with pile of green crypto coins and shibe inu puppy in foreground

Baby Doge Mining Revealed

To assess the future of cryptocurrency, we need to start by looking back.

Bitcoin and Ethereum have dropped more than 50% since their all-time highs in late 2021. While there were some modest gains in late 2022, the cryptocurrency market remains relatively stagnant. Some analysts believe cryptocurrency values might fall considerably further before seeing a lasting rebound.

According to a senior market analyst at brokerage firm [OANDA](https://www.oanda.com/group/news-analysis/meet-analysts/edward-moya/), the crypto market might yet undergo one more significant sell-off before it begins to rebound, with [Bitcoin](https://time.com/nextadvisor/investing/cryptocurrency/bitcoin-price-predictions/) plummeting close to $10,000. According to crypto specialist Wendy O, Ethereum is at risk of falling as low as $750, a 50% drop from its current price.

"We're in a full-fledged bear market, not a bear cycle," says one analyst.

"Just because we're seeing some good pricing activity doesn't mean we're out of the woods," says another. "We're now trading around $1,500 for Ethereum, and to be very positive on Ethereum, it would need to see us break over $2,248. That is a 50% price increase."

Furthermore, crypto firms have laid off employees, halted withdrawals, and attempted to offset losses, increasing concerns about the industry's viability.

Terraform Labs went bankrupt in May, but the bear market has affected numerous companies since then. [Coinbase](https://blog.coinbase.com/a-message-from-coinbase-ceo-and-cofounder-brian-armstrong-578d76eedb12), the biggest cryptocurrency exchange in the United States, stated in June that it was laying off 18% of its workforce. This followed layoffs at other cryptocurrency firms, such as Gemini, BlockFi, and Crypto.com.

Due to "extreme market conditions", crypto bank Celsius unexpectedly ceased [withdrawals](https://blog.celsius.network/a-memo-to-the-celsius-community-59532a06ecc6) towards the end of 2022. The future of cryptocurrency hedge firm Three Arrows Capital was also thrown into doubt. When Bitcoin fell below $19,700, alarm bells rang. 

Crypto investors should invest between 2 and 5% of their net worth, according to Vrishin Subramaniam, founder and financial planner at [CapitalWe](https://www.capital-we.com/about).

"We often see 2 to 3% for most clientele who only watch crypto markets weekly", he added.

## Future of cryptocurrency regulation

Lawmakers in Washington DC and worldwide are debating how to create regulations and norms that would make cryptocurrencies safer for investors and less enticing to hackers.

Additional regulation may be the future of cryptocurrency. More regulation might lead to greater stability in the famously turbulent cryptocurrency sector. It could safeguard long-term investors, deter fraudulent conduct inside the crypto ecosystem, and give clear advice to allow enterprises to develop in the crypto economy, if there's a correct balance.

A recent Biden administration paper details potential laws that would increase regulation of the crypto sector. In recent months, US Fed Reserve Chairman Jerome Powell and [SEC](/news/article/sec-crypto-enforcement-warning) Chairman [Gary Gensler](/news/article/sec-crypto) have expressed concern about the absence of cryptocurrency regulation. 

Despite all the back-and-forth, a few critical themes on the issue of new US cryptocurrency legislation have emerged: preventing cryptocurrency crime and tax fraud, stablecoin regulation, and the possibility for investment vehicles such as crypto ETFs and other funds.

The decentralised nature of digital currencies, which, unlike traditional currencies, are not backed by any organisation or government authority, is a significant appeal for many crypto enthusiasts. However, regulatory guidelines can assist in protecting investors.

"As much as I admire the decentralisation and absence of government involvement, I am pleased they are paying attention since there are many scams with cryptocurrency", says Kiana Danial, author of Cryptocurrency Investing for Dummies.

One potential provision would broaden the definition of a brokerage firm to include entities that handle digital asset trading, such as cryptocurrency exchanges. This move would imply higher tax reporting duty to assist the IRS in tracking crypto tax evasion. 

Furthermore, [Gensler has stated](https://www.sec.gov/news/public-statement/gensler-aspen-security-forum-2021-08-03) that stronger legislation is needed to help avoid future ransomware attacks like the one that took down the [Colonial Pipeline](https://www.nytimes.com/2021/05/08/us/politics/cyberattack-colonial-pipeline.html) in May 2021. The pipeline assault was one of several high-profile examples of hackers demanding [Bitcoin ransoms](https://www.npr.org/2021/06/10/1004874311/how-bitcoin-has-fueled-ransomware-attacks).

While Gensler did not specify how the SEC planned to assist in prosecuting these offences, he did state that the agency will continue to use its full authority. The SEC will continue to push its authority as far as it can, Gensler said at the [Aspen Security Forum](https://www.aspensecurityforum.org/) in Colorado. According to a recent US Treasury assessment, cryptocurrency "poses a serious detection difficulty by promoting illicit conduct, including tax evasion".

## Future of cryptocurrency: Stablecoin regulations

The ease with which stablecoins may be exchanged, along with their stable value, has figures like Yellen and Gensler concerned that they pose threats to the financial system and economy. As a result, they must regulate.

Stablecoins, which act as a bridge between cryptos on various blockchains, might make it easier and cheaper to perform trades on an exchange without using fiat currency. Stablecoins are tied to other assets, often less volatile than cryptocurrencies, such as fiat currency or precious metals, and may price them similarly. 

Therefore, the coins are more "stable" than other cryptos, whose values fluctuate with the markets.

Assisting in reducing or eliminating potential transaction costs since certain exchanges prefer trading from stablecoins to other cryptos over trades from a dollar-based bank account. Many exchanges, like Coinbase, do not charge fees when converting US dollars for USD Coins, which are used to purchase other cryptocurrencies.

According to a [recent study](https://home.treasury.gov/news/press-releases/jy0454) from the Federal Deposit Insurance Corporation, the Working Group on Financial Markets, and the Office of the Comptroller of the Currency, some stablecoins' purpose is to circumvent money-laundering laws or even finance rogue states or terrorists. This has grown even more prominent in policymakers' minds in the aftermath of Russia's invasion of Ukraine, with the possibility that Russia may utilise cryptocurrency to avoid sanctions.

However, there are fears that stablecoins would weaken established US banking institutions, causing financial system difficulties. In other words, the more stablecoins used by investors, the more likely any problems with them would damage the economy. According to White, systemic risks frighten regulators the more, which is why stablecoins are at the tip of the regulatory spear. For example, if you purchased $1,000 worth of stablecoins to decrease or eliminate costs on your cryptocurrency trades, but the stablecoin collapsed before you could utilise it, you'd be down $1,000.


blue image of man trading on ipad in futuristic landscape

What is the future of cryptocurrency?

Mercado [Bitcoin](/news/article/btc-price-today) is a Brazilian cryptocurrency exchange founded in 2016. It is centralised, has almost 1 million traders, and has a 24-hour trading volume of around 89.91 from 146 coins and 146 trading pairings. BTC/BRL (42.04) is the most active trading pair on the Mercado Bitcoin exchange. 

With more than 2 million registered clients and over 12 billion reais in transactions through 2019, the company's platform usage volume has increased 15-fold in the last 18 months. Expectations for the following two to three years are considerably higher, with a 100-200x increase predicted.

## How does Mercado Bitcoin expect to grow?

After extensive research into Google Cloud products, it was discovered that they were ideal for the demands of its IT team, particularly in terms of performance, security, stability, and support. Such expansion necessitates a highly scalable infrastructure, increased security, and enhanced application administration. The firm already utilised [Google](/news/article/solana-news-google-becomes-validator) Cloud for a few data storage functions and hosted its platform servers elsewhere.

## Mercado Bitcoin announces first stablecoin

Mercado Bitcoin (MB), [Brazil's](https://www.crypto-news-flash.com/stellar-lumens-gets-first-stablecoin-from-brazil-with-mercado-bitcoin-fostering-ecosystem-growth/) largest cryptocurrency exchange, has announced the debut of its first stablecoin, the MBRL, which is purportedly backed by reais. According to the release, the MBRL stablecoin is on the Stellar (XLM) network. 

However, the cryptocurrency exchange has stated that the MBRL stablecoin would be available on other blockchains. Furthermore, the success of a stablecoin is directly proportional to the number of chains it traverses. The objective is to accelerate the potential for the adoption of blockchain applications in Brazil, and produce solutions that empower clients' daily transactions, stated Reinaldo Rabelo, CEO of MB.

The Stellar community will benefit significantly from Mercado Bitcoin's MBRL stablecoin due to increased on-chain activity. Furthermore, the MBRL stablecoins will pay Stellar Lumens blockchain fees using XLM.

## Partnership with Druid

[Mercado Bitcoin](https://forbes.com.br/forbes-tech/2022/12/mercado-bitcoin-amplia-atuacao-e-estrutura-frente-de-games-e-e-sports/), one of Latin America's leading Bitcoin marketplaces, has launched a gaming and e-sports front, with the first announcement being the sponsorship of the INTZ squad. Druid Creative Gaming, a specialised agency, will be responsible for the strategy, conception, and implementation of MB activities for games, metaverse, activations, and sponsorships for the e-sports market.

Druid and Panamera worked together to create a film that features the streamer Sher as an ambassador. She is the first trans streamer of INTZ and was responsible for organising the first League of Legends for transgender people championship, in addition to winning the 'Best Female Streamer' award at the CCXP Awards. 

As a first initiative, Druid is launching a campaign announcing a relationship with INTZ, intending to merge the segment's present expanding strength with the crypto world's advances.


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