Tencent Cloud tags itself as the largest company operating under the internet banner in China. Its flagship products, like WeChat and QQ, are used by millions of people in Asia. 

After operating as a high-performance, reliable, and secure cloud computing service for years, it jumped into the blockchain-powered economy in 2023 with a series of partnerships. 

Below, we examine some of the partnerships and their potential impact on the future of the decentralized finance (DeFi) sector. 

## Tencent Cloud has partnered with MultiversX   

[MultiversX](https://www.kraken.com/learn/what-is-multiversx-egld) was formerly called Elrond and has been labelled an Ethereum Killer. MultiversX aims to compete with other smart contract platforms by having an ecosystem of cryptocurrencies and DApps (decentralized applications). 

On 16 February, 2023, MultiversX said it had allied with [Tencent Cloud](https://www.coindesk.com/web3/2023/02/16/tencent-teams-up-with-multiversx-to-expand-web3-strategy/) to help the company with its mission of expanding its Web3 products.  

Through this partnership, Tencent will use the possibilities of its technology and MultiversX’s network to deploy a range of products on the project’s blockchain.  

The Vice President of the cloud computing company, Leo Li, said that liaising with MultiversX was a way of deepening connections between the real and virtual world.  

The announcement had a huge impact on the crypto market as ELGD, the native asset behind the MultiversX protocol, [rose by 14%](https://coinmarketcap.com/currencies/multiversx-egld/historical-data/) from an opening day price of $46.41 to an intraday high price of $53.06.  

The day's trading volume was around $123 million, corresponding to a market capitalization of $1.2 billion. 

## Avalanche and Tencent Cloud partnership 

Avalanche is among the most patronized protocols and plays an integral role in the DeFi and NFT ([non-fungible token](/news/article/nft-art-marketplaces)) markets. AAVE, Benqi, GMX, Trader Joe, Stargate, Yield Yak, Vector Finance, Platypus Finance, Pangolin, and CIAN are some of the DApps deployed on Avalanche, which has given the chain a TVL (total value locked) of approximately [$600 million](https://defillama.com/chain/Avalanche).  

As a top 10 NFT blockchain by all-time sales, with around [$430 million,](https://www.cryptoslam.io/blockchains/avalanche) Avalanche is also a major player in the digital collectibles space.  

On 22 February, 2023, Avalanche disclosed that it has partnered with the Chinese company to support developers and projects in its ecosystem.  

Avalanche’s subnets (a piece of the Avalanche network) will also be explored by both parties as it is used by many enterprises. Representatives of Avalanche believe it will help accelerate the adoption of Web3 businesses across several businesses in the mainstream.  

With this, more products can be added to Avalanche's suite of Web3 products which already includes a bridge, explorer, and wallet. 

AVAX, the native asset behind Avalanche, saw a substantial rise in trading volume for the day. About [$606 million ](https://coinmarketcap.com/currencies/avalanche/historical-data/)was poured into the coin after it reached an intraday high price of $21.46.  

The new alliance deepened AVAX's status as a medium digital asset by value, with a market capitalization of $6.4 billion (medium cap assets range between $2 and $10 billion). 

## Chainlink allied with the company in May  

Chainlink joined the crypto market to help solve the problem of interoperability, as many blockchains were built with independent features. Over time, it has become one of the most patronized decentralized oracle networks. 

On 31 May, 2023, [Chainlink](https://twitter.com/chainlink/status/1663909326770012160?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1663909326770012160%7Ctwgr%5E6f533ab32cbc6b6b38f43a5a623a5ecf4c3aab01%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.crypto-news-flash.com%2Fchainlink-and-tencent-cloud-join-forces-to-unleash-web3-potential-accelerating-decentralized-technology-adoption%2F) announced via its official X handle (formerly Twitter) that it had teamed up with the internet firm to support Web3 startup development. 

The teaming up of the two firms will see BUILD projects under Chainlink receive a minimum of $10,000 worth of default vouchers for Tencent Cloud services.  

The vouchers will facilitate access to the internet company's various cloud computing resources, including but not limited to networking, storage, and power. 

As one of the coins hit hard during the crypto winter, which was born out of the collapse of Do Kwon's Terra Network in May and Sam Bankman-Fried's FTX in November 2022, LINK rose slightly on the back of the announcement. 

As of 13:00 UTC on 11 August, 2023, LINK was exchanging hands for[ $7.55](https://coinmarketcap.com/currencies/chainlink/), and many analysts forecast the coin to breach the $10 mark again and retest $20 in the future. 

## Conclusion  

Web3 is seen as the next iteration of the internet, where billions of people across the globe will be able to connect through decentralized systems. 

Being at the helm of the internet through its cloud computing services means that Tencent Cloud will play an instrumental role in the future of the blockchain-backed economy, which relies solely on the internet to function. 

With partnerships with MultiversX, Avalanche, and Chainlink leading to a rise in their respective native assets, more strategic team-ups could reflect positively on the overall market capitalization of the[ crypto](/news/article/is-crypto-regulated-across-the-globe) industry. 

Tencent Cloud leaps into crypto with partnerships

Fraud in online advertising is a major headache for media companies. One platform dedicated to fighting it is Verasity, the protocol and product layer blockchain committed to a better user experience for everyone in the digital content space. 

By offering security, transparency, and trust, [Verasity](https://verasity.io/) hopes to eliminate online ad fraud. 

## How does Verasity work? 

Using Proof of View (PoV) technology, Verasity delivers transparency in advertising. Leading content delivery networks integrate VeraViews as they attempt to eliminate ad fraud and bring accountability and authenticity to online advertising. 

PoV is patented technology combining a distributed ledger backend with advanced bot detection. The fact that transactions are stored on an open ledger blockchain ensures that the transactions are valid and that there is transparency in reporting and auditing. 

When digital transactions happen, hundreds of data points are passed between devices. These can be analysed to identify bot involvement. Bot transactions are responsible for the majority of online advertising fraud. 

## VRA token 

Verasity has its own digital currency, VRA, which was designed for exchanging and transferring value in areas such as eSports, online gaming, NFTs, and digital videos. It is listed on more than two dozen cryptocurrency exchanges and held in more than 300,000 VeraWallets. 

VRA can also be used in Verasity’s staking programme and utilised to pay rewards to those participating in the network. 

## An entire ecosystem 

The Verasity [ecosystem](/news/article/vra-crypto) encompasses a wide range of features and tools for online advertisers. 

The primary offering, [VeraViews](https://verasity.io/veraviews), is an ad tech stack using the patented PoV tech to detect and prevent fraud in the deployment of video content by identifying bot results that artificially inflate viewing figures. 

Verasity also has its own video player, VeraPlayer, with VeraViews built in, which promises to optimise advertising revenue for its partners. It is deployed on the eSports offering, [VeraEsports](/news/article/vra-crypto-esports). 

Verasity has its own custodial wallet for storing the VRA tokens mentioned earlier. It not only stores the tokens, but acts as a payment system supporting crypto and on-crypto options. Among the ways users can earn VRA is through the Watch and Earn mechanism. This is a reward system paying users token incentives for watching video content. 

And Verasity is part of the NFT industry with the VeraVerse marketplace, described as a complete ecosystem for NFTs, including in-game items, art, and collectables. 

## Who is behind it? 

The longstanding involvement of key team members, such as David Archer, Robert Keogh, Justin Wenczka, Elliot Hill, Sergey Molybog, and Olena Buyan, built confidence among users and investors. 

The team members are seen as professionals with established track records in relevant sectors, including media, video, and tech businesses. 

## VRA price prediction 

Price predictions for the [VRA token ](/news/article/vra-coin-doubles)suggest solid, if not stellar, increases. 

Analysis by [AMBCrypto](https://ambcrypto.com/predictions/verasity-price-prediction) looked at the possible price trends for this year as well as looking even further into the future. 

It suggested that by next month the average value will be $0.014, with a possible high of $0.015. Early next year, VRA could see that average increase to $0.015, with a high of $0.016 in February, the site said. 

The same value range is suggested for the remainder of this year, with prices ranging from $0.014 to $0.016 in November and December. 

Studying historical data, platform developments, and investor/community sentiment, AMBCrypto was able to make predictions about the VRA value longer term. It suggests slow but solid increases in the token’s value. 

For 2024, the site predicts values ranging from $0.011 to $0.017, with an average of around $0.014. A marginal increase is forecast for the following year, with an average of $0.018 and prices ranging from $0.014 to $0.022. 

This trend of marginal value increases is predicted for the rest of the decade, with averages of $0.023, $0.029, $0.037, and $0.046 in 2026, 2027, 2028, and 2029 respectively. 

## Could VRA reach a dollar? 

The AMBCrypto research suggests that VRA reaching a value of $1 is a long way off. 

Looking ahead to 2030, the average price is predicted to be around $0.059. While this could increase to $0.074 in 2031 and $0.093 in 2032, markets may have to wait until 2033 for the average price of VRA to hit $0.11, when the price range is expected to be between $0.094 and $0.14. 

The site predicts another increase in 2034, hitting an average of $0.14, still well below the $1 valuation investors will be hoping for. 

Verasity – Combatting advertising fraud 

On 23 November, 2022, the news of the demise of Tiantian Kullander broke the internet. He was one of the leading entrepreneurial figures in the crypto world, and the news of his sudden death at the age of only 30 shocked many. Since then, people have become curious to know more about him and his net worth. 

In this article, we will explore assessments of Tiantian Kullander net worth at the time of passing, who exactly he was, and the details about his mysterious death. 

## Tiantian Kullander - Co-founder of the Amber Group 

Swedish-Chinese investor Tiantian Z. Kullander is known by TT in the business world. He had a keen interest in the DeFi industry, and because of that, he co-founded Amber Group in 2017 and Rook Labs in 2020. 

[Amber Group](https://www.ambergroup.io/) is a widely known crypto unicorn firm based in Hong Kong. The firm offers crypto trading services to its clients worldwide. TT showed outstanding commitment and put in all the hard work to bring the firm to unicorn status. He is known for introducing electronic market-making and consumer products and infrastructure that has enhanced the services of Amber Group for its institutional clients.  

Rook Labs is a unique marketplace on the Ethereum blockchain that works with [MEV design](https://www.coindesk.com/learn/what-is-mev-aka-maximal-extractable-value/). Moreover, he also founded a firm known as KeeperDAO, which introduced liquidity underwriting services for on-chain assets for the first time. Apart from that, Kullander also served as the board member of[ Fnatic,](https://fnatic.com/) an esports community. 

However, before TT started his entrepreneurial journey with his digital assets firms, he had been associated with various renowned financial firms. These include big names like Goldman Sachs, Morgan Stanley, and others. All of these professional achievements placed him in the [Forbes 2019 30 under 30](https://www.forbes.com/under30/list/2019/asia/finance-vc/#46e7f8d04baa) list. 

## Tiantian Kullander net worth estimate 

Tiantian Kullander net worth estimates from various sources suggest that it was between $100 to $150 million, approximately. Largely, TT's earnings came through his DeFi startups and [crypto investments](/news/article/crypto-invest-strategy). Sources further claim that the entrepreneur owned multiple luxurious properties, lavish cars, and motorbikes.  

However, the Amber Group was valued at around $3 billion at the time of his passing. Some [reports](https://nypost.com/2022/11/27/crypto-founder-tiantian-kullander-unexpectedly-dead-at-30/) indicate that TT was expected to raise over $100 million for his DeFi unicorn earlier in November. But sadly, Kullander died on 23 November before further developments.  

## What was the cause of Tiantian Kullander’s death? 

Tiantian’s death has been a mystery. According to reports, the young crypto entrepreneur died during his sleep, shocking his admirers. The Amber Group announced the news via its official website, confirming that TT died in his sleep. 

The firm's statement said, "He put his heart and soul into the company in every stage of its growth. He led by example with intellect, generosity, humility, diligence, and creativity." 

The statement further read that TT's creativity and knowledge have inspired many people and projects in the crypto space. It expressed the sorrow by saying, "We lost a great partner and a true friend in TT." 

However, the mysterious nature of TT’s death at such a young age has raised many questions. But no authority has found anything regarding the cause of the death of TianTian Kullander. Therefore, the demise of a famous 30 under 30 crypto investor, TT, will likely remain a mystery. 

## Final thoughts 

The death of the famous investor, TT, remains a puzzle for the business and crypto community. The entrepreneur was only 30 when he was declared dead during his sleep. 

Estimates put Tiantian Kullander net worth at between $100 and $150 million. Meanwhile, one of his startups was valued at around $3 billion. The influential crypto figure achieved tremendous feats in his short life span. 

TT was associated with financial giants like Goldman Sachs and Morgan Stanely as a trader. Later, he started to explore the DeFi industry with his startups like Amber Group and Rook Labs Inc. His outstanding achievements in his professional life have also earned him a place in Forbes 30 under 30 list. Sadly, he left the world unexpectedly at the age of only 30. 

What was Kullander's net worth? 

The famous American basketball player LaMelo LaFrance Ball recently launched his new collection of shoes as redeemable non-fungible tokens (NFTs). 

Athletes from different sports have adopted digital assets in various ways. For instance, some have introduced fan tokens, and some have launched digital assets. And sneaker NFTs are quite popular when it comes to sports-related digital assets. 

Essentially, LaMelo shoes is a project by the player in collaboration with the renowned sports gear brand Puma and the wearable NFT collection [Gutter Cat Gang](https://guttercatgang.com/).  

This article explores these redeemable NFTs and explains how and when you can redeem them for physical LaMelo shoes. 

## LaMelo shoes - A collaboration 

LaMelo Ball is a celebrated basketball player representing the Charlotte Hornets in the NBA (National Basketball Association). He was picked in the 2020 NBA draft and signed a deal for around $100 million with Puma, aged 19. This deal included launching the MB series of wearables, including his kicks. 

The first collection, 'MB.01', was rolled out in 2021. It introduced various unique designs like the LaMelo Rick and Morty shoes. The second edition was rolled out in 2022, named 'MB.02 Fade'. It featured blue, two-shaded trainers that became a fan favourite. 

Both these editions depicted LaMelo Ball as a brand by featuring his 'wings and 1' logo and taglines like "Not from here", "Rare", and others.  

The NBA star and Puma have now launched the third edition of LaMelo shoes. This edition's unique feature is that they collaborated with the GCG NFT project to create redeemable NFTs for these kicks. Anyone can mint the NFTs and redeem them to get real trainers.  

The new edition is named “[GutterMelo MB.03](https://guttermelo.com/)", showing that it is a collaborative project. The sneaker design is vibrant, with two primary colours: blue and orange. You can also find the wing logo and Gutter Cat graphics on the shoe. 

Plus, it shows all the taglines for the MB brand, like "Rare", which is written on the bottom of the shoe in a funky font. The design is also comfortable as it comes with NITRO foam cushioning, which makes it perfect for basketball courts. 

## GutterMelo MB.03 opened mint on 29 June 

The GutterMelo collection was released on one of the [largest NFT marketplaces](/news/article/largest-nft-marketplace-2023), Opensea. It went live on 29 June, allowing fans to mint the NFTs. It includes 20 NFTs representing different sneaker sizes up to American size 15.  

According to the GutterMelo site, many buyers booked their mint immediately after the launch, and the site became over-allocated. Therefore, only the early buyers were able to mint the tokens.  

Initially, the LaMelo shoe price was set at $175 for early buyers. Wait-list buyers had to pay $195 for a GutterMelo NFT. The price for the public sale of these NFTs was $215. 

At the moment, the floor price of GutterMelo NFTs is 0.069 ETH. 

## LaMelo Shoes NFT redemption closes 

The ones who have minted the NFTs could redeem them for real shoes. The project opened the redemption period on 18 July, 2023, and was due to close on 20 August. During this period, you could claim your physical sneakers by going to the GutterMelo site and redeeming the NFT there.   

## How to redeem a GutterMelo MB.03 NFT 

Here's the step-by-step process owners followed to redeem MB.03 sneakers: 

![Guttermelo mb shoe website screenshot](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_09_14_at_11_33_23_d2397ed114.png)

1. Visit the GutterMelo site within the redemption period.  
2. Find the Connect Wallet option on the top-right of the screen. Click to integrate cryptocurrency wallets like Metamask, Trust, or Coinbase into the website. 
3. Ensure that the [wallet](/news/article/best-ethereum-wallet) has some amount of Ethereum to pay for the gas fee. Usually, the amount required for gas is between $5 and $35. 
4. Click the redeem button to burn a token to get a new LaMelo shoes NFT and physical shoes. 
5. Provide your shipping address while redeeming the NFT. 
6. The shipment procedure for the physical shoes will begin this month, and the receiver may have to pay the shipping charges. 

By following this procedure before the closure of the redemption period, owners could get the 'Rare' GutterMelo sneakers. 

## Final thoughts 

LaMelo Ball has launched his third edition of sneakers with Puma and GCG. 

The unique thing about this edition is that they are NFT-based sneakers. When you purchased them, you got limited edition shoes and also had them as digital collectables. 

What are LaMelo Shoes NFTs by Puma and Gutter Cat? 

Today, thanks to legit NFT [(non-fungible token)](/news/article/upcoming-nft-projects) marketplaces such as OpenSea, X2Y2, Blur, LooksRare, and Rarible, it has become extremely easy to sell digital items that do not have any physical correspondence. Now [DMarket](https://dmarket.com/) is becoming popular for trading in-game items. 

As the NFT market peaked in 2021, many areas of the global economy decided to cash in on the emerging space. Among them was the gaming industry, which has been producing in-game items that can be sold and bought on specific marketplaces. 

One such marketplace is DMarket, which has been trending for some time. The website sees [millions of monthly visitors](https://www.similarweb.com/website/dmarket.com/#overview), with users visiting around 13 pages each time and spending about five minutes on the site. This explains why it is ranked among the top 100 portals under gaming in the US. 

While thousands of people have left rave reviews about the platform, it is not uncommon to come across others who are not happy with many aspects of the website's operations. 

Below we consider is DMarket legit as a place to go about your buying and selling activities of in-game items tied to the NFT market. 

## What is DMarket?  

Currently under parent company Mythical Inc. after being acquired in January 2023, DMarket was founded in 2017 as a worldwide marketplace that helps gamers exchange in-game items from video games under titles such as Team Fortress 2, Dota 2, Rust, and Counter Strike (CS: GO).  

The in-game items are popularly termed “skins”. Skins are virtual goods (non-physical goods bought for use in online games or online communities).  

## Is DMarket legit? The pros 

Many positive reviews about DMarket can be found online. As one of the few platforms to embrace the blockchain economy, it has facilitated more than 80 million transactions with over 23 million closed deals. But is DMarket legit? Let us examine some of the pros of using this platform. 

- It's emerging as a top blockchain-based marketplace. In a 2021 Metaverse Report by Newzoo, one of the most credible market research firms, DMarket was tagged as a top three blockchain-based marketplace. The Metaverse is gradually becoming an integral part of the Web3 economy. Video gaming plays a substantial role in the Metaverse, while items derived from engaging with objects in games can also be converted into NFTs, which can be sold for money. 

- Having seen the lack of interoperability in the blockchain-powered economy, DMarket provides a bridge between the virtual and real world by serving as a cross-chain platform that accumulates multiple Metaverses for broadcasters, eSports organizations, video games, influencers, and brands. This explains why it has more than one million skins in its marketplace, has a bot that guarantees easy and quick trading, and holds a 4.5-star rating on Trust Pilot.   

- Accessibility and numerous payment options for traders. The skins need to be bought and sold using fiat or digital currency. Payment methods available to users include e-services platforms (PayPal, Neteller, Skrill, and Payoneer), bank cards from financial services companies like Mastercard, VISA, and Union), and bank transfers. Cryptocurrencies such as Ethereum (ETH) and Bitcoin (BTC) are also accepted. Smartphone users can also access the marketplace on Google Play Store (Android) and Apple Store (iOS) and also take advantage of the many language options available in customer service.     

- Updated API systems. One of the most complained aspects of trading is scalability. The platform’s application programming interface (API) makes it easy to trade. Aside from that, it also helps users manage their inventory as they trade in bulk without facing technical problems.  

## Is DMarket Legit: The cons  

While the team behind the project has created a great ecosystem where brands, influencers, players, and game developers can contribute securely to video game content while making profits in the process, many people have shed light on the platform’s 7% fee.  

Many sellers have accused the company of putting profits ahead of satisfying sellers. Aside from fees, customer service response times have been rated poorly by millions of the platform's users. 

Is DMarket legit for buying and selling NFTs? 

Cryptocurrency trade and investment are becoming popular among new and experienced investors globally. With the growing numbers come tons of brokers and crypto exchanges to cash in on the frenzy. This guide dissects the ECX zero-fee decentralized exchange to help you understand how it works.   

## What is ECX?

ECX is a decentralized cryptocurrency exchange ([DEX](/news/article/what-is-a-cryptocurrency-exchange)) famous for its zero per cent trading fees. The platform promotes a simple business model – zero trading fees for each order. 

The DEX facilitates peer-to-peer (P2P) trading, where users can trade ERC-20 tokens directly from their wallets. Since it's a non-custodial platform, it doesn't store users' private keys, meaning there's less risk of losing user information. 

To ensure no third parties are involved anywhere and to eliminate any chance they can execute a fraudulent trade between peers, the platform uses a smart contract-based trading method that only approves orders signed by a private key secured by the matching engine. 

To exchange tokens with another user, a user must have at least 100 ECX tokens in their wallet. As a result, this system eliminates the possibility of using software bots, thereby eliminating unfair trade practices on the exchange. 

The entity was founded in 2018 by CEO and founder Sergio Alves, a known entrepreneur and ardent crypto evangelist known for his passion for digital assets, blockchain design, and architecture. 

He partnered with his lead developer and co-founder, Henrique Santana, another known blockchain enthusiast with significant experience in system development. The duo worked with several other international blockchain technology experts with biases in marketing and digital influence to create the DEX.

## The rationale behind its creation  

The cryptocurrency market's growth and novelty have brought myriad challenges and increasing concerns, with security being the greatest of them all. While giant exchanges are monopolizing the market, most have had a poor reputation by scoring very low on security matters besides being slow and not easy to use. 

Traditional banks and governments may still be sceptical of cryptocurrencies. However, there is still a concentrated growth of platforms everywhere to satisfy users' hunger. 

Unfortunately, most of the newer exchanges still lack proper security measures that don't encourage investor confidence. Despite the existing drawbacks, the allure of crypto trades still excites millions of people globally, meaning there's an ever-present need to create a platform that will close the current gaps and address the serious security concerns, and that's where the ECX platform comes in.   

## How it works 

According to its whitepaper, ECX operates an off-chain system meaning users can order books to help facilitate the market. The platform currently supports three languages – English, Portuguese, and Spanish - with plans to support more languages in the future. 

The platform takes the issue of user-funds security seriously and provides tight protocols. 

In a market mainly controlled by giant exchanges, ECX aims to distinguish itself as a secure platform offering solutions to the most common problems facing cryptocurrency exchanges. 

By choosing a non-custodial operation model, ECX will never experience a hacking incident since it doesn't hold any user private keys, as hackers can't attempt stealing that which isn't there in the first place.    

## The ECX token 

The platform’s native E-commerce exchange [token](/news/article/token-vs-coin) – ECX – is an ERC-20 token built on Ethereum blockchain and aims to serve enterprises and promote business development projects. 

The token leverages the Ethereum network technology and is designed to build a smart economy enabling the adoption and widespread use of cryptocurrencies in real business projects and eventually making tangible assets acceptable in the crypto sphere. 

According to the promoters, ECX aims to create a trust-free and distributed business environment. Moreover, the platform will strive to lower the entry levels to help real estate investors enhance transparency and liquidity in the market. 

The smart economy that the platform hopes to build is meant to accelerate cryptocurrency adoption. 

## E-commerce exchange token coin data  

According to [CoinMarketCap,](https://coinmarketcap.com/dexscan/ethereum/0xc531f3f63a3b9e7aa86f5fa9c721aefe9b297f71/) ECX is currently valued at $0.001100 with a market cap of $1.17T and a total liquidity of $19,044.21. 

The token has a circulating supply of 50,000,000 ECX coins out of a total supply of 50,000,000 ECX. If you plan to buy, sell or trade the token, you must locate an actively selling exchange. The token is designed with the potential to become a traditional payment method on the blockchain. It is backed by a basket of fiat currency-backed stablecoins backed algorithmically by the existing ECX reserve.   

## What’s the future of the platform and the token? 

It's an open secret that non-custodial decentralized exchanges hold the crypto trade's future and represent the blockchain's absolute dream. 

ECX exists to address some of the most significant challenges facing the crypto sphere, and that's through their simple working formula of a nun-custodial model and zero fees on trading, which should lead to immense customer satisfaction. 

Once it attracts the correct number of trade volumes, the platform could eventually cause a greater appreciation for the ECX token. 

Two men pointing at a computer screen trading chart

The zero-trading fee ECX crypto trading platform

One of the popular titles in action role-playing games (RPGs) is Diablo 2: Resurrected. The game offers a type of tradable in-game item called runes that provide numerous bonuses to the players. One of the runes in the Diablo 2 world is the ETH Rune which allows players to enhance the power of their weaponry.  

This article will explore the ETH Rune item in D2R in detail. So, let’s delve in to learn what it is, its unique properties, and how you can find it.  

## What is an ETH Rune in Diablo 2: Resurrected? 

It is a popular item from low-tier runes in D2R that you can use in your armours and other weapons. It can boost your weapons' strength by generating Mana and increasing the target defence. This type of rune can be socketed in your body armour, headgear, and shields to provide 15% Mana and -25% target defence. The level requirement for the item is 15, so you can use it after reaching level 15.  

However, it is not a rare item in the game, and you can find it from various sources like in chests, from monsters, and as quest rewards. But the good thing about the ETHs is that you can use them in a range of Horadric Cube recipes.  

For instance, three ETH Runes can be transmuted into an LTH Rune that can provide you with increased attack speed and enhance your skills. You can also get other high-tier runes like crafted hit power shields, caster shields, blood boots, and others.  

## Unique features of ETH Rune 

Every tradeable item in the D2R game has its own unique characteristics. Likewise, ETH also has two major and unique bonuses that it offers. Firstly, when you install an ETH in your armour, shield, or headgear, you can regenerate Mana by 15% per second.  

Secondly, it can also help you lessen your target's defence by more than 25%. It does that by making your weapons more powerful than the target's defence. For these characteristics, it is quite a helpful item among low-tier ones. 

## Which Runewords are made from ETH Rune? 

These runes are not only used in Horadric Cube recipes, but can also create runewords. In D2R, a runeword is a unique mix of runes that allows you to produce various powerful items. Each runeword has specific properties and can provide you with different strengths. Here are 12 Runewords that you can create with ETH. 

1. Stealth. 
2. Malice. 
3. Grief. 
4. Fury. 
5. Zephyr. 
6. Memory. 
7. Rhyme. 
8. Breath of the Dying. 
9. Holy Thunder. 
10. Splendour. 
11. Bramble. 
12. Obedience. 

## How can you obtain ETH Rune? 

There are several ways to acquire this item. One of the most common ways of achieving it is by killing different monsters. Each monster in D2R has varying chances of yielding ETHs, depending on the setting in which you encounter them. For instance, if you kill the Countess in Act 1, Tower Cellar, with Hell difficulty at level 5, there is a 1:6 chance of getting it. However, if you kill the same Countess with the same settings at a normal difficulty level, the chance rises to 1:3.  

In addition, you can also obtain it by converting your three Nef Runes into an ETH. Meanwhile, another way is to complete different game quests and earn rewards that could include ETHs.  

However, the easiest way to acquire it is through an in-game trading platform. D2R has a [trading](/news/article/axie-marketplace-platform) platform called [D2Trader](https://d2trader.net/), from which you can directly buy it. It features a price checker and an intuitive interface that enables you to trade D2R items. 

## What runes make an ETH Rune? 

If you cannot find the ETH through quests or from monsters, you can also acquire them by producing them on your own. 

For this, you need to follow a simple Horadric Cube recipe. It requires you to collect at least three Nef Runes and fuse them to create an ETH. Nefs are from the mid-tier, and you can find these items in the nightmare or above difficulty. Combining three of these runes can give you the powers of an ETH.  

## Final thoughts 

Diablo 2: Resurrected is a popular RPG that uses tradeable in-game items. Although these items do not have real-world value, they provide numerous benefits in the game. 

A standard item in D2R is the ETH Rune which gives you different strengths. You can use these to boost your Mana and decrease the target's defence. 

There are several ways to acquire this item. You can get it by defeating monsters, completing quests, fusing 3 Nefs, or buying it from the D2Trader. 

What is ETH Rune and how do you obtain it? 

The cryptocurrency market may resemble the Wild West. However, many people interested in leaving the league of nobodies and becoming champions of finance are still considering joining the world of automated crypto trading platforms. If you're wondering whether it's worthwhile making a beeline for a chance to earn from crypto trading, read our Bitcoin Champion review to learn more about the app. 

## What is Bitcoin champion? 

Bitcoin Champion is a modern-day computerized crypto trading app that integrates artificial intelligence (AI), machine learning (ML), and an intelligent algorithm to enable users to execute smart and intelligent investments. 

The platform has a great user interface that is safe and easy to use. It's equipped with [crypto trading](/news/article/altcoin-trading-tips) bots besides supporting trading in different assets at numerous markets and cryptocurrency exchanges. 

According to the platform’s [website](https://the-bitcoinchampion.com/), its trading bots offer incredible trading accuracy at 99%, making it easy for users to rake in profits. Using these high win-rate robots guarantees registered users a huge return on investment from automated trading sessions. 

Moreover, these smart robots can outsmart rivals in at least 0.01 seconds, meaning traders can easily predict price fluctuations and make informed trading decisions. In addition to crypto asset trading, the AI-powered application facilitates investments in other assets via online brokers.   

## How it works 

The Bitcoin Champion app is programmed to automatically execute trading and investment for different digital assets using state-of-the-art AI and ML technologies. 

The app's inbuilt robots are designed to make lucrative buying and selling decisions within live trade and investment sessions using the following automated agents: 

## Cryptocurrency trading robot 

The platform's AI-driven robots conduct trading in crypto pairs on behalf of a user by performing fundamental crypto market technical analysis to open and close trading positions based on cryptanalysis reports. Once they detect a potentially lucrative business deal, the robot automatically signals a trader to execute the deal and make a killing, all happening in the twinkling of an eye. 

The best thing about this Bitcoin auto-trader is the ability to perform high-frequency profitable trades before a sudden price fluctuation changes the position and hampers a deal. The Bitcoin Champion bot stays ahead of other bots by at least 0.01 seconds, which can mean a great deal in the highly volatile cryptocurrency market. 

## Online regulated brokers 

The platform integrates trustworthy and regulated brokers approved by leading global financial authorities to manage the investments and returns of their registered investors. 

Once investors deposit funds into their Bitcoin Champion account, the brokers carefully invest them into different profitable schemes. Investors can get in touch and discuss their investment portfolios or receive reports from their designated brokers on the phone.    

## How to start trading at Bitcoin Champion 

The app's easily-navigable and user-friendly interface enables even newbies to join and conduct trading via the bot and brokers. 

Following is the step-by-step process of becoming a trader via the platform: 

Step 1: Registration: The sign-up process involves opening an account on the platform by inputting your name, email address, and phone number. You’ll need to set a strong password alongside your credentials before you can begin trading. 

Step 2: Conduct a demo trade: Whether you're a newbie or an expert, you should conduct a demo trade by opening a free Demo account to sharpen your skills without any financial commitment. The demo period is your time to learn the market and analyze price fluctuation trends before venturing into the live market.   

Step 3: Deposit the required amount: There's a minimum requirement of at least $250 before you can begin trading, but you can always put in more. The low minimum deposit is intended to accommodate those traders who are on a budget or not sure but still want to try their hand in the volatile cryptocurrency market. Deposits are as low as $250, but users can go as high as $15,000. 

Step 4: Take part in live trading in the cryptocurrency: Once you've armed yourself with a Bitcoin Champion account and a few strategies via the demo trading, you can comfortably step into the live market and cryptocurrency exchanges by activating the crypto trading robots. While having technical knowledge is not a prerequisite, it's important to understand the technical details so you can comfortably monitor the trading robots. You can trade at least 15 different cryptocurrencies Bitcoin, Litecoin, Ethereum, Ripple, and Bitcoin Cash. The app supports traditional currencies like the US dollar (USD), Euro (EUR), and British pound (GBP). 

## Pros and cons 

### Pros 

- Easy-to-use and fast registration process. 
- User-friendly intuitive interface. 
- Automatic and manual modes are available. 
- No hidden fees or costs. 
- Robust and responsive customer care. 
- The demo account offers Bitcoin trading strategies. 

### Cons 

- Slow withdrawal process. 
- The website and user interface are not distinctive.
- A long list of restricted countries. 

## Conclusion 

Bitcoin Champion is legitimate in the way it functions, and according to available information and user testimonials, the app offers fine algorithms that precisely follow industry trends and prices. 

The platform works efficiently, and its robots automatically execute trade and investment transactions. However, like with all investment forms, do your research to avoid[ scams](/news/article/bitcoin-scams) and only invest as much money as you're comfortable losing. 

Bitcoin champion logo on blue background image of coins

Bitcoin Champion app review 2023 – scam or legit?

Interest in AI crypto has gained pace due to the extensive use of artificial intelligence chatbots such as ChatGPT. 

Launched in November 2022, the extensive use of ChatGPT, a tool developed by OpenAI, has contributed to a spotlight being shone on AI-backed cryptocurrencies. 

In the markets, AI crypto has now joined established coins, Metaverse tokens, memecoins, and all the other digital assets. 

It is difficult to navigate crypto price tracking portals such as Coinranking, TradingView, CoinMarketCap, and CoinGecko without coming across AI tokens. 

While the cryptocurrency market [has struggled ](/news/article/is-crypto-dead)for much of the past year, the potential of AI, expected to reach into sectors including information technology, healthcare, marketing, finance, transport, customer service, and entertainment, has seen tokens supported by companies under the AI umbrella perform above expectations. 

Let us examine AI [crypto](/news/article/is-crypto-regulated-across-the-globe) and its potential impact on the investment portfolios of millions of traders across the globe. 

## AI crypto: What is it? 

AI crypto comprises both coins and tokens. You may have come across these terms on crypto portals and seen them being used interchangeably. In fact, [coins and tokens](/news/article/token-vs-coin) refer to two different things.  

Coins are native to a single blockchain. This means that aside from performing utility services on that chain, it cannot function on any other chain due to a lack of interoperability. 

Tokens are deployed on existing blockchains and rely primarily on the possibilities of smart contract chains to function. 

AI crypto involves both coins and tokens developed by groups of people to fuel AI-based services, applications, and projects such as AI-driven DAOs (decentralized autonomous organizations), AI-powered trading algorithms, and decentralized AI marketplaces. 

AI coins normally play the basic role of a transactional currency, where they are used as payments, while AI tokens do this as well as conferring governance rights to the virtual asset's holders. 

## The impact of AI cryptos in the market  

As of 14:00 UTC on 9 August, 2023, cryptocurrencies under the artificial intelligence banner commanded a market capitalization of approximately $4.7 billion.  

While many of the mainstream digital currencies such as Cardano (ADA), Litecoin (LTC), Solana (SOL), Polygon (MATIC), and others have failed to bring multiple percentage gains to traders in the first eight months of the year, many AI coins and tokens have performed extremely well.  

Among them is AGIX, the novel token of SingularityNET, a platform powered by blockchain technology that allows people to not only create and share but also monetize services related to the booming AI industry. 

AGIX has brought more than 300% gains year-to-date (YTD). It was among the best-performing coins in the first two months of the year (January to February), when it soared by 1,357% in 39 days.  

AGIX opened on 1 January at $0.04556 and reached a year high of [$0.6637](https://twitter.com/SingularityNET/status/1622883083329458176) on 8 February on the back of a partnership with Cardano that enhanced applications for developers on the protocol.     

Another is FET, the token behind Fetch.ai, a platform that functions as an AI laboratory building permissionless, decentralized, and open machine learning networks within the decentralized finance economy. 

FET has spiked by 120% YTD and token holders from the opening day ($0.09166) of the year to 8 February saw a 555% increment in their investment capital when it reached a peak of [$0.6004](https://coinmarketcap.com/currencies/fetch/).

One of the less-popular but top-performing tokens so far has been KAT, the cryptocurrency behind Kambria, an open platform for augmented reality (AR), the Internet of Things (IoT), virtual reality (VR), blockchain, robotics, and artificial intelligence. 

[KAT](https://coinmarketcap.com/currencies/kambria/) investors who bought and sold the token around February, during the AI token rally, came away with almost 2,000% gains in less than two months. 

Other digital assets that have made substantial contributions to the category’s impressive market capitalization include but are not limited to, Akash Network (AKASH), Image Generator Token (IMGNAI), CryptoGPT (GPT), and VAIOT with double-percentage gains in 2023.   

## Should you invest in any AI crypto?  

Yes, AI cryptos are assets you should consider adding to your investment portfolios.  

While AI has been trending on social media platforms over the past eight months due to its positive and negative sides, the foray of companies such as IBM and Slack into using it to improve their services gives credence to the technology. 

The launch of AI tools has improved the stock prices of companies such as Meta Platforms Inc. (META), Apple (AAPL), and Microsoft (MSFT).  

In the same way, the launch of AI products by companies under DeFi support will reflect positively on the values of AI coins and tokens. 

Is AI crypto the new millionaire maker? 

Many AI crypto projects have tantalised investors, but are they any good? 

Here we take a look at the top five, as defined by [market capitalisation](/news/article/what-is-market-cap-cryptocurrency). 

From newcomers to established names, these are projects that harness the potential of artificial intelligence in the cryptocurrency world, enhancing financial transactions, optimising supply chains, and reshaping how we interact with technology. 

Whether you are an established [crypto trader ](/news/article/crypto-trader-2022)or an inquisitive newcomer, this list is a starting point for your exploration of AI crypto projects. But be warned, there are no guarantees of successful investing in cryptocurrencies, so do your own research before risking your money, and only invest what you can afford to lose. 

## AI crypto project marketcap 

Our list features the leading AI crypto projects according to marketcap, as reported by [CoinMarketCap](https://coinmarketcap.com/view/ai-big-data/). 

Marketcap doesn’t mean much on its own. There are other critical factors to consider, including: 

- Understanding the core technology underpinning the AI crypto project, appraising the distinctiveness and practicability of the harnessed AI algorithms, and real-world application. 
- Examination of the project's personnel, focusing on researchers and developers with a track record in AI and blockchain expertise. 
- A critical analysis of the problem targeted by the AI crypto project. This involves gauging the possible scope and demand for the proposed solutions in the marketplace. 
- Assessment of the intrinsic utility and operational facets of the token within the ecosystem of the initiative. The token design should seamlessly align with the project's aspirations and confer added value to its user base. 
- Exploring the initiative's community and its resonance in the broader user spectrum. Robustly engaged communities often function as a magnet, drawing in support and augmenting user participation. 
- Prioritising projects subjected to external security audits, a hallmark of the integrity of smart contracts and codebase, bolstering resilience against vulnerabilities. 
- An understanding of the regulatory framework within which the AI crypto venture operates. Adherence to statutory stipulations is pivotal for sustainable success. 
- Sufficient trading volume and liquidity are essential requisites to facilitate seamless transactions, counteract price manipulation, and cultivate a thriving marketplace. 
- Identification of competitors, juxtaposed against the initiative's distinctive value proposition, as well as a keen eye for strategic alliances and affiliations that propel growth. 

## Top AI crypto projects 

### The Graph ([GRT](https://thegraph.com/))
Envisioned as a decentralised protocol for indexing and querying blockchain data, The Graph furnishes developers with a platform to craft and disseminate open APIs termed 'subgraphs,' thereby enabling universal access to blockchain data. It is relatively new, but has already been embraced by distinguished blockchain ventures like Ethereum, NEAR, and Solana. As blockchain assimilation continues its ascendancy, The Graph stands poised to develop as a formidable force within the decentralised data infrastructure sphere. The native cryptocurrency, GRT, assumes the role of incentivising node operators to index and facilitate data retrieval. 

### Injective (INJ)
Distinctly calibrated to serve as a foundation for DeFi (Decentralised Finance) applications, Injective Protocol has a plethora of features that equip it for this purpose, boasting interoperability, scalability, and security. INJ functions as the native token of the [Injective Protocol](https://injective.com/), a blockchain tailored for DeFi applications, rendering them open and interoperable. Spanning exchanges such as Binance, Huobi, and OKEx, the INJ token secures its standing in the crypto sphere. 

Key Takeaways: 

- Encompasses a diverse array of DeFi applications, spanning decentralised exchanges, margin trading platforms, and lending interfaces. 
- Presents a cost-efficient fee structure, bolstering accessibility to DeFi applications.
- Imbued with the robustness of the Tendermint PoS consensus mechanism, a testament to its security. 

If you are interested in using DeFi applications, then the Injective Protocol is a good option. It is a secure, scalable, and interoperable platform that offers a wide range of DeFi applications.


### Render Token (RNDR)

At present anchored on the Polygon blockchain, the Render Token may be subject to a network migration to Solana, an undertaking poised to enhance the efficiency of the [Render Network.](https://rendernetwork.com/) 

This platform nurtures the production of animation, motion graphics, and visual effects through a collaborative GPU rendering infrastructure, which channels idle GPU resources into rendering tasks. 

Functioning as an ERC-20 token, RNDR occupies the role of utility token, servicing payment obligations for rendering services on the Render Network. The engagement with RNDR tokens for task remuneration furnishes a mechanism wherein users stipulate their willingness to expend RNDR tokens for a given task, matched with a provider amenable to undertaking the task at the specified cost. 

### SingularityNET (AGIX)
A decentralised platform and global AI marketplace that enables anyone to effortlessly “build, share, and monetise” AI services. 

Native token AGIX token is used to pay for AI services and AI products on this marketplace, as well as to participate in the governance of the platform. The AGIX token is a valuable asset for anyone who is interested in the future of AI. It is a token that has the potential to appreciate in value as the [SingularityNET](https://singularitynet.io/) platform grows and develops. 

### Oasis Network (ROSE)
A blockchain platform built for DeFi, NFTs, and confidential computing which intends to preserve privacy. Its native token is ROSE. 


Key features include: 

- Uses a variety of privacy-preserving technologies, such as zk-SNARKs, to allow users to transact and interact with DApps without revealing their personal data. 
- Designed to be scalable, with the ability to process thousands of transactions per second. This makes it suitable for DeFi applications that require high throughput. 
- Designed to be efficient, with low gas fees. This makes it affordable for users to participate in DeFi applications. 
- Secured by a Proof-of-Stake consensus mechanism. This assists in making it resistant to attack and ensures that the network is fair and decentralised. 

The [Oasis Network](https://oasisprotocol.org/) is still under development, but it has the potential to be a major player in the DeFi space. Its privacy-preserving features make it ideal for applications that require sensitive data, such as healthcare and financial services. 

Can AI crypto projects make you rich? 

This article discusses the GateEx scam, which reportedly used different domains to run faux crypto exchanges. It explores how accurate the allegations are against GateEx and how you can protect your funds. 

Since its inception, the crypto market has been plagued by scammers using varying tactics to deceive investors and lure them into investing big in their projects. These include tactics like [pump and dump,](/news/article/how-to-spot-a-pump-and-dump) [rug pulling](/news/article/rug-pull-what-is-it), and artificial inflation to trick the investors. 

## What is the GateEx scam? 

GateEx is a crypto exchange that claims to offer users a secure platform to buy and sell crypto assets. Some sources report that it provides more than 400 cryptocurrency options, and you can trade them with a trading fee of 2%. 

However, it faces serious allegations of running a fraudulent scheme where investors have lost their funds. 

Multiple websites operate in the name of GateEx exchange. Some of the domains related to the exchange that you may come across are:  

Gateexpro.com. 
- Gateexin.com. 
- Gateexpro.xyz. 
- Gateex-o.com. 
- Gateex-i.com. 

Most of these websites are not accessible right now, and you may likely find other domains for the exchange. 

These websites propagate deceitful content that promises high returns for depositing crypto in the exchange. As soon as users create an account and deposit funds, they lose it all as it does not give any withdrawal option. 

## How does the GateEx scam work? 

The scammers behind the project pose as a [crypto trading exchange.](/news/article/best-crypto-exchange-uk-reddit) They entice the investors to deposit their digital assets into the firm to receive high returns through trades. However, all the assets that users deposit in the exchange go directly into the pockets of [scammers](https://www.scamwatcher.com/scam/view/580273?__cf_chl_tk=EKfOW0mfsWE4HKsAgGx9bwt8qD.NlAVMzWq1fAc9bZY-1692116864-0-gaNycGzNHXs). 

So, anyone who trusts the platform for trading crypto may lose all their assets.   

When you create an account on GateEx, and place some crypto in it to start trading, you will first see live trades with incredible profits. But when you try to withdraw assets, the platform will not allow it, and you lose your funds permanently. 

Reportedly, it is built so that depositing crypto shares your private keys with the platform. That's why they get access to your funds and can manage them easily.  

## GateEx scam: Questions on the platform's legitimacy 

Here are some of the questions that arise regarding the legitimacy: 

### Multiple inactive domains 

One of the most concerning things about the platform is that it operates with numerous domain names. All of these domains use similar deceitful tactics to lure investors. Plus, many of these domains are inactive, and new ones keep appearing to replace them. It suggests that the scammers shut down the website once they illicitly get funds from investors and continue creating new ones to lure more investors. 

### No withdrawal 

Another thing that makes the platform’s credibility dubious is that you cannot withdraw your crypto from it. Once you deposit the amount in a GateEx account, it gives scammers direct access to your funds, and they can transfer it to any other wallet without a trace. Therefore, the platform does not allow you to withdraw funds from your account. 

### Personal data breach 

Users who have been victims of this scam reported that they lost their assets and faced data breaches. The exchange requires your personal information for setting up the account. It includes details like your email, phone number, social security number, financial info, residential address, and others. Scammers can also manoeuvre the information and compromise your privacy. 

### No verifiable credentials 

Yet another thing that makes it dubious is that there is no source from where you can verify the platform’s claims. The number of cryptocurrencies, trading fees, and other features it offers are unclear. That’s why using the platform for [crypto trading](/news/article/simple-cryptocurrency-trading) could be highly risky.   

## GateEx scam: What to do to recover your funds? 

Here’s what you should do if you become a victim of the GateEx exchange scam.  

1. Firstly, you should immediately disengage yourself from any trading activity on the platform. 
2. Secondly, you need to collect as much information as possible about GateEx. 
3. Then look for the relevant authorities in your country who can assist you with financial fraud. You can report to the [ActionFraud](https://www.actionfraud.police.uk/) website if you are a UK citizen. 
4. If the authorities catch the scammers behind it, you may get a percentage of your funds back. However, there is no guarantee. 
5. Lastly, take all the precautionary measures, like checking your bank’s insurance policy and protecting all other financial accounts.

## Closing thoughts 

GateEx exchange is one ill-reputed trading platform in the crypto market that has scammed many investors. 

The platform claims to run a crypto exchange with more than 400 coin options and promises unrealistic investment gains. However, there is no resource to support these claims, and you will mostly find GateEx scam reports on the internet.  

The fraudulent actors behind the exchange use a range of domains to attract investors. After they collect the funds from investors, the website disappears, and they start selling the same services through another domain. 

What you need to know about the GateEx scam 

## What's Binance? The simple answer is that it is a cryptocurrency exchange. 

A [crypto exchange](/news/article/what-is-a-cryptocurrency-exchange) is a fundamental part of the crypto ecosystem as it enables the movement of cryptocurrencies, creating the crypto economy. An exchange in the crypto space functions like a stock exchange in traditional finance. It assists crypto investors, traders, and users to sell, buy, and trade their digital assets. 

This article focuses on Binance, its key features, and how to get started. 

## What’s Binance? 

For those investors wondering "what's Binance", it is a centralized exchange established in 2017 by [Changpeng Zhao](/news/article/cz-binance-founder), who currently serves as its CEO, and Yi He in China. Currently, the exchange is set up in the Cayman Islands following China’s cryptocurrency ban. 

Binance is the leading crypto exchange by trading volume as well as revenue. The exchange facilitates transactions worth over $1 trillion annually. 

## What's Binance good for? 

- Trading Assets: Users can buy crypto assets using fiat currency, sell them for fiat currency and trade their digital assets for other digital assets on the Binance exchange. 
- [Crypto wallet](/news/article/best-crypto-wallets): Binance also provides users with a crypto wallet. Like a physical wallet, users can store their digital coins in the wallet safely and use them when they want to trade. 
- Crypto staking: The exchange also offers crypto-staking services to its users. This enables users to deposit and lock their assets for a given period during which they gain interest. For some blockchains, staking assists in building the chain, and users who stake are rewarded in crypto. 
- Binance Launchpad: This is a service created for crypto developers to launch their new cryptocurrencies through an Initial Coin Offering ([ICO](/news/article/what-is-an-ico)). 
- Low Transaction Fee: Similar to other financial institutions, Binance also charges a fee for transactions to generate revenue. However, in the crypto industry, Binance prides itself on having the lowest transaction fees. 
- To get even lower transaction fees, users can pay in Binance Coin (BNB), a token native to the Binance ecosystem, which accords them up to a 25% discount on trading fees. 
- High Liquidity: Binance also has the highest liquidity among all crypto exchanges. This allows a user to sell all their digital assets and withdraw all their funds. 

## How to get started 

Once we've answered the question "What's Binance", we need to look at getting started. It is a simple process: 

### Step 1: Registration 

To get into Binance, a user is required to [register on the website](https://accounts.binance.com/en/register), with their email and a strong password. Users can also reinforce the security of their accounts by setting up a 2-factor authentication (2FA) service. 

### Step 2: Account Verification 

To access full privileges on the exchange, users are required to verify their accounts by providing Know-your-customer (KYC) documents to ascertain their identity. These documents include a government-issued ID, a driver's license, or a passport. Verification helps to secure your account further and ensures compliance with regulations. 

### Step 3: Purchase Crypto 

Once the account is set up, users can purchase crypto using their fiat currencies. To do this, users can deposit their fiat currency into their exchange wallet, which is automatically created once an account is created. They can then use these funds to [buy a cryptocurrency](/news/article/best-crypto-currency-2023) of their choice. 

### Step 4: Trading 

After creating an account and depositing funds, users are now prepared to initiate trades. Binance offers three primary types of [trade](/news/article/best-tools-for-trading-crypto) orders: market order, limit order, and stop-limit order. 

A market order is executed instantly, as it involves trading an asset at the prevailing market price. 

A limit trade is where an asset is bought or sold at a price the trader sets. This trade takes time because the trader's price must be met. 

A stop limit order is a trade that occurs once the price set by the trader for an asset is reached by the market. While the trade is more risk-averse, it is not guaranteed to happen because the asset may never reach the set price. 

What's Binance? A Beginner's Guide

Cryptocurrencies have seen a remarkable surge in popularity in recent years, with more and more people recognizing their potential as a new form of investment. But crypto trading with HSBC is not an easy process. 

HSBC Bank has a restrictive policy on [crypto](/wiki) transactions, which means that an investor might face challenges or limitations when trying to [buy or sell crypto](/news/article/best-tools-for-trading-crypto) using its services. 

## What is the HSBC crypto stance? 

HSBC is widely recognized as one of the largest and most prominent financial institutions globally, with operations in multiple countries and territories. However, it is also one of the most conservative banks when it comes to crypto. 

The bank's CEO [claimed ](https://www.reuters.com/technology/exclusive-hsbc-ceo-says-bitcoin-not-us-2021-05-24/)in 2021 that it does not provide platforms for trading cryptocurrencies, nor does it offer HSBC crypto as an investment avenue to its customers. The bank also does not provide custody or banking services for crypto assets. 

The reason for this policy is that HSBC Bank considers crypto to be too volatile, risky, and unregulated for its standards. The bank also cites concerns about money laundering, fraud, and tax evasion that could be associated with crypto transactions. 

## How can one buy or sell crypto through HSBC Bank? 

Despite HSBC Bank's official stance, there might be some ways for HSBC crypto trading. However, these methods are not guaranteed to work and might involve some fees, delays, or restrictions. Here are some of the possible options: 

- Use a third-party [platform ](/news/tag/exchange-tag)that accepts HSBC Bank transfers. Some crypto trading platforms, such as Coinbase, Binance, or Kraken, allow you to link your HSBC Bank account and use it to fund your crypto purchases or withdrawals. However, this option might not be available in all countries or regions where HSBC Bank operates. Moreover, HSBC Bank might block or reject your transfers if it detects that they are related to crypto transactions. In that case, you might face some penalties or account closure from the bank. 
- Use a peer-to-peer (P2P) platform that connects you with other buyers or sellers. Some platforms, such as LocalBitcoins, Bisa, or Paxful, allow you to trade crypto directly with other people using various payment methods, including HSBC Bank transfers. However, this option might also be subject to HSBC Bank's scrutiny and intervention. Moreover, you might face some risks of fraud, scams, or disputes when dealing with strangers online. Therefore, you should always use a reputable platform that offers escrow and dispute resolution services. 
- Use a credit/debit card or a digital wallet that supports crypto transactions. Some credit/debit cards or digital wallets, such as Visa or Wirex, allow you to deposit fiat currency into your crypto exchange account. Your balance can be topped up using your HSBC Bank card or account. However, this option might incur fees or limits from both the card/wallet provider and HSBC Bank. 

## Final thoughts on HSBC crypto 

Buying and selling crypto through HSBC Bank is possible but not easy. The bank views cryptocurrencies as highly volatile and risky. In this regard, it does not provide trading platforms, nor does it offer HSBC crypto as an [investment option](/news/article/crypto-invest-strategy) to its customers. However, the bank provides services enabling its customers to buy and sell crypto. One can, for instance, transfer fiat currency to a credit card and then use it to fund their crypto trading accounts. 

Buying and selling crypto through HSBC Bank: A user's guide 

The Bahamas, a tropical paradise known for its stunning beaches, became the backdrop of a gripping financial saga in which Sam Bankman-Fried (SBF) and [FTX](https://ftx.com/), the cryptocurrency [exchange](/news/article/coinswitch-exchange) he founded, were involved. 

From luxury property acquisitions to a dramatic collapse, culminating in his arrest, the story of SBF Bahamas unveils a tumultuous journey in the world of cryptocurrency. 

This article explores the SBF Bahamas adventure, including the property purchases, [the collapse](/news/article/ftx-exchange-under-investigation) of the exchange, and the subsequent arrest of its founder on criminal charges. 

## Who is SBF? 

Bankman-Fried was born in 1992 and grew up in California. He studied physics and mathematics at MIT (the Massachusetts Institute of Technology). After graduating, he held a position as a trader at Jane Street Capital, a company specializing in quantitative trading. 

Bankman-Fried established [FTX](/news/article/ftx-exchange-under-investigation) in 2017, and it quickly became one of the largest exchanges in the world. FTX offered a variety of features that appealed to traders, including high liquidity, low fees, and margin trading. 

Bankman-Fried's success with FTX made him a wealthy man. He was ranked as the youngest self-made billionaire in the world by Forbes magazine in 2021. He gained prominence as a major donor to the US Democratic Party and was renowned for his dedication to effective altruism, a philanthropic movement that advocates for the rational and efficient distribution of wealth to charitable causes. 

However, SBF's success came with a price. He was accused of using his position at FTX to manipulate the cryptocurrency market. He was also accused of using customer funds to prop up [Alameda Research](/news/article/ryan-salame-exposed-ftx-truth), a cryptocurrency trading firm he founded. 

## FTX's Bahamas property purchases 

Under the leadership of Sam Bankman-Fried, FTX embarked on a lavish real estate buying spree in the Bahamas. Property records revealed that the company, together with its senior executives and even SBF's parents, acquired numerous high-value properties totaling nearly $121 million. These acquisitions primarily consisted of luxurious beachfront homes and vacation properties, including seven opulent condominiums in the upscale resort community of Albany. 

The SBF Bahamas property purchases came to light amidst a series of troubling events. FTX, previously counted among the largest cryptocurrency exchanges globally, faced mounting financial woes, leading to a rush of customer withdrawals and subsequent bankruptcy filings. 

The collapse[ left countless creditors with significant losses](/news/article/ftx-creditors-include-google-apple-netflix), and the finger of blame pointed at SBF's alleged misuse of customer funds to prop up his trading business, Alameda Research. 

## SBF Bahamas arrest 

The founder of FTX was[ arrested in the Bahamas](/news/article/former-ftx-ceo-sbf-arrested) in December 2022 following a formal notification from the US. The allegations originated from the US Securities and Exchange Commission (SEC) investigation into FTX's trading activities. 

He was detained at his apartment complex in the Albany resort, where luxurious properties were at the center of FTX's Bahamas buying spree. 

Bankman-Fried was [brought to the US](/news/article/sbf-agrees-to-return-to-us-for-fraud-charges) through extradition. Afterward, the US District Court in Manhattan indicted him on eight counts, including money laundering and securities fraud. 

The SBF Bahamas adventure began when he moved there in 2021 after relocating the headquarters of FTX from Hong Kong. The Bahamas has a reputation as a crypto-friendly jurisdiction, and FTX was one of the first major cryptocurrency exchanges to establish a presence there. 

The arrest marked one of the most stunning falls from grace in recent corporate history as SBF's empire crumbled. The arrest shocked many, as Bankman-Fried was seen as one of the most successful and influential figures in the cryptocurrency industry. 

## What led to FTX's failure? 

On 11 November, 2022, FTX initiated [Chapter 11 bankruptcy proceedings](/news/article/ftx-bankrupt-who-to-blame) triggered by a significant increase in customer withdrawals at the beginning of that month. The then-CEO, Sam Bankman-Fried, openly acknowledged that the company lacked adequate reserve assets to fulfill the overwhelming customer demand. 

## What lies ahead for Bankman-Fried? 

SBF's future entails a trial scheduled for 2 October, 2023. After a court hearing on 22 December, 2022, a federal judge ruled in favor of his release from custody upon agreeing to a record-breaking $250 million bond. 

He will reside in Palo Alto, California, with his parents, adhering to restrictions within the Northern California area and wearing an electronic monitoring bracelet. Bankman-Fried appeared in a federal court in New York in January 2023 and entered a plea of not guilty to all allegations. 

## Conclusion 

The rise and [fall of SBF](/news/article/ftx-boss-denied-bail-in-bahamas) tell a cautionary tale of unchecked ambition and financial turmoil in the world of cryptocurrency. This saga underscores the importance of robust regulations and responsible management in safeguarding investors and upholding the credibility of the crypto industry. 

Sam Bankman Fried (SBF) Standing in the bahamas

The SBF Bahamas adventure: The rise and fall of a crypto mogul 

Jake Paul, the Bitcoin investor and professional boxer, recently made headlines in the crypto space. Paul, along with several other renowned figures such as [Lindsay Lohan](/news/article/lindsay-lohan-faces-charges-from-sec) and DeAndre Cortez Way, faced charges from the US SEC [for promoting securities](/news/article/us-sec-regulation).  

The SEC issued a statement about the case in a press release on 22 March, 2023. It signified that Paul and eight other celebs endorsed two unregistered crypto securities, BitTorrent (BTT) and Tronix (TRX). Allegedly, Paul was specifically involved with the TRX tokens' promotion introduced by the Tron Foundation Limited.  

However, the US financial watchdog and the digital content creator turned boxer immediately devised a settlement plan.  

## Paul negotiated a settlement of $400,000 with the SEC 

According to an [ESPN report](https://www.espn.in/boxing/story/_/id/35920648/sec-charges-jake-paul-unlawful-promotion-crypto-assets), the settlement terms from the SEC included the payment of $400,000 as penalties and interests. The amount was set to pay for the charges for promoting a cryptocurrency without explicitly mentioning that the company behind the coin paid them. Paul and other celebrities who were also charged with the breach of SEC laws agreed to pay the settlement amount.  

The financial regulatory body alleged that the prizefighter endorsed the TRX tokens for compensation in cryptocurrencies worth $25,019. For pressing the charges against Paul, the SEC referenced his Twitter post from 12 February, 2021. Paul was replying to the Rapper Lil Yachty in the tweet and mentioned #TRX with a rocket emoji. 

Supposedly, the tweet was sponsored and influenced people to invest in the token. Due to this reason, regulators filed charges against Paul and other famous figures. However, the prizefighter denied the charges even after the deal. 

## A lawsuit against Justin Sun and his three companies  

The SEC also filed charges against the companies behind TRX and BTT tokens, namely Tron Foundation Ltd., Rainberry Inc., and BitTorrent Foundation Ltd. All of these companies were set up by a prominent entrepreneur in the crypto space, Yuchen Justin Sun. According to the filing, these companies sold unregistered securities to their customers. 

Apart from that, the charges against Sun included using wash trading and deceptive tactics to manipulate the market. Allegedly, Sun and his companies were selling and purchasing their tokens at almost the same time to fraudulently maintain the trading volume of the tokens in the market.  

They used this scheme only to maintain the tokens' price and compensate the celebrities. Meanwhile, other media figures named in the case were Lindsay Lohan, Soulja Boy, Kendra Lust, Rapper Lil Yachty, Austin Mahone, Akon, and Ne-Yo.  

Among these celebrities, only Austin Mahone and Soulja Boy are the ones who did not agree to the SEC settlement. 

## Jake Paul Bitcoin and crypto shilling 

Jake Paul is an infamous American media personality who started his boxing journey in 2018. In recent years, the boxing star also became quite popular in the cryptocurrency world because of his investments in cryptocurrencies as well as non-fungible tokens (NFTs). The Jake Paul Bitcoin association began about two years ago, when he revealed in [a BitBoy Crypto podcast](https://www.youtube.com/watch?v=Ezffg0qtAXA) that he invested in BTC when it was only worth $100, and he has been hodling the asset since then.  

The tweet for Tronix was not the first instance when the boxer endorsed a cryptocurrency. He is often introduced as a rising crypto influencer in the crypto space and has been rooting for numerous blockchain projects.  

While there is a Jake Paul Bitcoin association, other projects he has been associated with in the past do not have a good reputation in the market. In 2022, a project named Animoon, which he promoted, exited the market with an alleged [rug pull](/news/article/rug-pull-what-is-it) of around $6.3 million. Moreover, his brother Logan has also been involved in the [CryptoZoo](/news/article/logan-paul-cryptozoo) scam. 

Jake paul in front of red pile of bitcoins

Jake Paul - Bitcoin Investor or Shiller?

The Tesla token is a digital asset that represents ownership in Tesla Inc. It is an innovative approach to democratizing access to Tesla's stock, allowing investors to gain exposure to the company's performance without actually owning the underlying shares. 

This concept of tokenizing real-world assets has gained traction in recent years, providing a new way for individuals to invest in traditional assets through blockchain technology. 

## What is a tokenized stock? 

A tokenized stock is a digital representation of a share of a company issued on a [blockchain](/news/tag/blockchain-tag) platform. A tokenized stock is backed by the actual share held by a licensed custodian. It can be traded on DEX (decentralized exchanges). A tokenized stock gives the investor the same economic benefits as owning the share, such as dividends and voting rights. One of the most popular tokenized stocks is the Tesla token. 

## What is a Tesla token? 

[Tessla token ](https://www.coinbase.com/price/tessla-coin)is a cryptocurrency owned by Tesla, the company founded by Elon Musk. The token, designated as TSLA, is designed to reward Tesla customers, investors, and fans for their loyalty and support. It is issued by Binance. Binance users can buy and sell Tesla tokens using Binance USD (BUSD), a [stablecoin](/news/tag/stablecoin) pegged to the US dollar. Each token represents one share of Tesla stock. It is backed by a depository portfolio of underlying securities held by CM-Equity AG. 

## Potential benefits of the Tesla tokens 

This tokenized Tesla stock offers several potential benefits for investors and Tesla enthusiasts alike. The token provides an opportunity for individuals to invest in Tesla without having to purchase whole shares of the company. 

As for Tesla investors and customers, the token can be used for the purchase of [Tesla](/news/tag/tesla) products and services, such as vehicles, solar panels, batteries, and charging stations. The token can also be used to access exclusive perks and discounts, such as priority delivery, free maintenance, and invitations to special events. 

## How to invest in Tesla tokens 

To invest in Tesla tokens, an investor must have a digital wallet supporting the blockchain platform that issues the token. For example, Binance offers tokenized stocks of Tesla and other companies on its Binance Smart Chain platform. 

To buy Tesla tokens on Binance, an investor needs to have a Binance account and a Binance Chain wallet. 

The process is similar to buying any other cryptocurrency on Binance: 

- Deposit funds to the Binance account, either in fiat currency or cryptocurrency. 

- Convert the funds to Binance USD (BUSD), a stablecoin pegged to the US dollar. 

- Transfer BUSD to the Binance Chain wallet. 

- Use BUSD to buy Tesla tokens on the Binance platform. 

The investor can then hold, sell, or trade the token as they wish, subject to the terms and conditions of Binance and the relevant regulations. 

## Potential risks of investing in Tesla token 

Investing in Tesla tokens has some risks that investors should be aware of before making a decision. Some of the risks include: 

- Regulatory uncertainty: Tokenized stocks such as Tesla tokens are a relatively new and unregulated phenomenon, and different jurisdictions may have different rules and requirements. Investors should do their research and consult legal and tax advisors before investing in Tesla tokens. 

- Market risk: Investing in Tesla tokens exposes investors to the same market risk as investing in traditional Tesla stocks. The price of Tesla tokens may fluctuate due to factors such as supply and demand, company performance, industry trends, macroeconomic events, etc. 

## Final thoughts 

Tesla token is an exciting new way to invest in one of the most influential companies in the world. It offers several benefits, including investment opportunities and alternative options for buying Tesla products and services. 

However, it also comes with some risks, such as regulatory uncertainty, platform risk, and market risk. Investors should weigh these factors carefully before investing in the tokenized stock. 

Tesla Token: A Quick Look

For most people, the crypto subject feels cryptic, if not occult, with only a few with technological superpower minds claiming perfect knowledge. While getting overwhelmed by the peculiar new coins emerging, jargon and terminology is easy, the crypto sphere doesn’t have to be perplexing and overpowering. If you’re unwilling or able to take a crypto course or online tutorial, this article describes the best books on cryptocurrency by experts on the subject you can opt for. 

## Best books on cryptocurrency a source of invaluable insight   

Cryptocurrency, the new kid on the block in the rapidly evolving world of finance, has revolutionized the world’s approach to money and payments. As the industry continues to grow and more people pour into the crypto sphere, getting essential knowledge is necessary. Whether a seasoned trader, a complete greenhorn, or curious about digital assets, you can stay ahead of the knowledge curve by reading the most reliable and up-to-date books. 

From practical investment and trading strategies to in-depth technical analysis, the best books on cryptocurrency are a source of invaluable insight into the world of digital assets. These books provide the knowledge and confidence needed to expand your understanding of the nascent realm of fintech and the confidence you need to make smart decisions to exploit [emerging opportunities](/news/article/best-crypto-currency-2023). Since there are too many good books, deciding what’s worth your time and resources becomes difficult. We have compiled a list of the best books on cryptocurrency you should read in 2023. 

## The Internet of Money by Andreas Antonopoulos 

Author Andreas Antonopoulos’ book delves into the impact of Bitcoin as a ground-breaking technology and offers a comprehensive analysis of its implication for the world. Besides examining the emerging challenges and opportunities associated with this nascent technology, like faster transactions at lower costs and a more proficient financial system, Antonopoulos offers technical advice on using Bitcoin and other cryptocurrencies. The[ Internet of Money](https://www.amazon.com/Internet-Money-Andreas-M-Antonopoulos/dp/1537000454) is highly recommended for individuals interested in understanding the bolts and nuts or expert traders wanting to expand their knowledge of cryptocurrencies and their potential implications.         

## The Business Blockchain by William Mougayar  

[The Business Blockchain ](https://www.amazon.com/Business-Blockchain-Practice-Application-Technology-ebook/dp/B01EIGP8HG/ref=tmm_kin_swatch_0?_encoding=UTF8&qid=&sr=)by William Mougayar is your go-to mini encyclopedia if you’re interested in [blockchain technology’s](/news/article/blockchain-for-dummies) business applications. The book provides a wide-ranging, eye-opening overview of blockchain and its potential applications in different industries. In addition to outlining the basics of blockchain and digital assets, the author digs deep into other applications, including business, finance, government, healthcare, and more. Mougayar’s book explaining blockchain’s increasing potential to disrupt traditional business models is an ideal read for anyone who’s new in this space or those that are familiar with it but want to sharpen their understanding of the technology.  

## The Basics of Bitcoins and Blockchains by Antony Lewis 

Read “[The Basics of Bitcoins and Blockchain](https://www.amazon.com/Basics-Bitcoins-Blockchains-Introduction-Cryptocurrencies/dp/1633538001)" if you desire an easy-to-understand introduction to the world of digital assets. The author assumes he's writing to people without prior knowledge of the concepts and covers everything from the history of money, blockchains, and the basics of cryptocurrencies, enterprise blockchains, and initial coin offerings (ICOs). The writer further simplifies the fundamental materials by including diagrams and illustrations that help drive every complex point home. This book is a must-have for anyone interested in understanding the intricacies involved in the crypto sphere.  

## The Financial Revolution by Susanne Chishti 

The[ Financial Revolution](https://www.amazon.com/Financial-Revolution-Bitcoin-Blockchain-Democratization-ebook/dp/B08X3R9GRR) dissects the subject of cryptocurrencies and delves especially into areas surrounding digital assets challenging the existing economic order. The book examines the weaknesses of traditional financial systems and demonstrates the potential implication of crypto's disruption. Author Susan Chishti provides a provocative overview of the blockchain space and how it's likely to transform business, finance, and politics. Besides offering important insights regarding the future of money, the writer further outlines potential opportunities and challenges surrounding the blockchain technology space. The book addresses the needs of a broad audience due to its informative and eye-opening approach.

## Early Bird Gets the Bitcoin by Andrew Wagner 

Andrew Wagner has penned the book [Early Bird Gets the Bitcoin](https://www.amazon.com/Early-Bird-Gets-Bitcoin-Everything-ebook/dp/B079DJ778D/ref=sr_1_fkmr0_1?crid=C9YN5AXMT756&keywords=Early+Bird+Gets+The+Bitcoin%3A+The+Ultimate+Guide+to+Everything+About+Bitcoin%22+by+Andrew+Wagner&qid=1671442232&s=books&sprefix=early+bird+gets+the+bitcoin+the+ultimate+guide+to+everything+about+bitcoin+by+andrew+wagner%2Cstripbooks-intl-ship%2C205&sr=1-1-fkmr0) to answer the many emerging questions regarding the potential of blockchain technology even beyond Bitcoin and cryptocurrencies. In addition to addressing the implication of cryptocurrencies for government, finance, business, and healthcare, Wagner's book outlines the potential opportunities people in different fields can take advantage of. The book is a perfect choice for anyone with some knowledge of the subject who wants to deepen their understanding.  

## Cryptocurrency Investing Bible by Alan T. Norman 

The [Cryptocurrency Investing Bible](https://www.amazon.com/Cryptocurrency-Investing-Bible-Blockchain-Cryptocurrencies-ebook/dp/B077BNFVW3) joins our list of the best books on cryptocurrency as it explains the basics of dealing with cryptos using language anyone who has learned to handle their money effectively can understand. Norman dispenses the fundamental and basic guidelines that anyone [investing in cryptocurrencies](/news/article/best-cryptocurrency-to-invest-in) ought to adhere to if their efforts will see the light of day. The book’s message can be significant for newbie investors who want to gain foresight on crypto trading and develop safe trading strategies. The Cryptocurrency Investing Bible is ideal for anyone who spends a lot of time online searching for knowledge on the cryptocurrency industry.   

## An Altcoin Trader’s Handbook by Nik Patel  

In his book [An Altcoin Trader’s Handbook](https://www.amazon.com/Altcoin-Traders-Handbook-Nik-Patel-ebook/dp/B07DK8J5XJ), author Nik Patel explores the history of the crypto sphere and especially the widest Bull Run before non-Bitcoin cryptocurrencies, also known as altcoins, exploded in 2017. While the book hasn't been updated to include some of the latest altcoins, it contains excellent nuggets of wisdom for those wanting to build strategies for trading other digital assets in addition to Bitcoin.    

## The bottom line 

Our comprehensive list of some of the best books on cryptocurrency may be partial, but it contains excellent learning tools that could support your knowledge and investment journey. Each book we mentioned here has its unique way of delivering knowledge on the crypto verse from a slightly different perspective. We recommend that you evaluate each book on its merit and hope they will be a good starting point for your learning curve. 




Best Books on Cryptocurrency to Read in 2023

A bubble is ordinarily related to inflated prices of digital assets. A great example of this can be attributed to the year 2021 when the decentralized finance (DeFi) market experienced its biggest run to date with inflated crypto prices that saw Bitcoin ([BTC](/news/article/how-to-invest-in-bitcoin-uk)) and Ethereum (ETH) almost test $70,000 and $5,000, respectively. 

Trading against their hypothetical values within the period, the speculative bubbles burst, leading to the loss of billions of dollars in the portfolios of many traders. 

While the term has gained traction on the back of the aforementioned events, a platform named [Crypto Bubbles](https://en.wikipedia.org/wiki/Cryptocurrency_bubble) was introduced into the market to provide indicators to industry stakeholders. 

## Crypto Bubble: What is this platform?  

This is an interactive tool that helps with the visualization of digital currencies, with each bubble portraying a particular digital asset. Overall, the platform provides market data such as rank, price, changes in price performance (hour, day, week, month, and year), daily trading volume, and capitalization on the top 1,000 digital assets by value.  

Aside from the most popular and two largest assets by market cap in the form of BTC and ETH, others such as Fantom (FTM), Polygon (MATIC), the Sandbox (SAND), Internet Computer (ICP), Decentraland (MANA), and more are also tracked. 

It can be accessed on the web as well as the Google Play Store for smartphone users whose devices are powered by Android. 

Some of its competitors include CryptoRank, [CoinMarketCap](/news/article/coin-marketcap-analysis), CoinTracking, CryptoTracker, CoinGecko, and Coinglass. 

## Is Crypto Bubble safe? 

As one of the major players in the virtual asset industry, people in the UK, Canada, Germany, and France have been using the platform to make investment decisions about their holdings. 

According to [SimilarWeb](https://www.similarweb.com/app/google-play/net.cryptobubbles/statistics/#audienceInterests), a web traffic, data analytics, and software company, most users of the interactive tool are normally interested in finance, productivity, and communication.  

While it continues to face infinite competition, its indicators are sourced from a combination of credible exchanges such as [Binance](/news/article/cz-binance-founder), OKX, KuCoin, Bybit, [Coinbase](/news/article/coinbase-card), Gate.io, and MEXC Global.  

With this, it could be concluded that this platform is among the safest to help sophisticated and unsophisticated traders and investors track the [crypto](/news/article/is-crypto-dead) market. 

Cryptocurrency coins and bubbles falling from sky

Is Crypto Bubble a Great Place to Track Coins?