|All Time High:|
|Market Cap: |
|The price of #CET today is $0.032 USD.|
The lowest CET price for this period was $0, the highest was $0.032, and the current live price for one CET coin is $0.03199.
The all-time high CET coin price was $0.15.
Use our custom price calculator to see the hypothetical price of CET with market cap of BTC or other crypto coins.
|The code for CoinEx Token is #CET. |
CoinEx Token is 5.4 years old.
|The current market capitalization for CoinEx Token is $93,882,938.|
CoinEx Token is ranked #254 out of all coins, by market cap (and other factors).
|The trading volume is modest during the past 24 hours for #CET.|
Today's 24-hour trading volume across all exchanges for CoinEx Token is $82,302.
|The circulating supply of CET is 2,935,175,971 coins, which is 29% of the maximum coin supply.|
|Note that there are multiple coins that share the code #CET, and you can view them on our CET disambiguation page.|
CoinEx Airdrop Coming: Take the Quiz on CoinEx and Win 100,000 KAS!
According to the official announcement of CoinEx, this global crypto trading platform will hold a KAS airdrop event from April 18 to April 21, 2023. During the event, all eligible CoinEx users who learn about KAS and complete the quiz on the event page will have the chance to receive KAS as a reward! CoinEx holds airdrop events from time to time in light of the popularity of a project in the market and the results of community voting. After CoinEx kicks off the airdrop, eligible users who complete the relevant quiz can receive a lottery ticket for a chance to win free crypto airdrop rewards. Currently, CoinEx has held more than 10 such token airdrop events. KAS is the native token of the popular PoW project Kaspa, with a maximum supply of 28.7 billion tokens. Launched in November 2021, KAS features no pre-mining, no token allocation, and no pre-sale. According to information on the Kaspa official website, KAS is 100% decentralized and open-source, and is managed by the community. Built on the GhostDAG/PHANTOM protocol, Kaspa can achieve extremely high block rates and almost instant on-chain transactions, making it one of the fastest PoW projects in the market. Recently, its impressive market performance has attracted many crypto users. CoinEx listed KAS with the function of AMM available in November 2022, as one of the earliest platforms to support KAS trading. The KAS airdrop on CoinEx comes as a recognition of its recent p...
CoinEx Charity’s Effort to Support Education Is Appreciated by Kacuv
Recently, CoinEx Charity has kicked off its second educational welfare program in Türkiye. In the first program, all the students receiving donations have continued their studies in the new semester. Since last year, CoinEx Charity has participated in the Umudum Scholarship Program initiated by the local charity organization Kacuv in Türkiye, offering support in tuition to 50 local impoverished students. The Umudum Scholarship Program provides scholarships for students in preschools, primary schools, secondary schools, and universities in Türkiye who need financial support to continue their studies. This program aims to boost students’ learning motivation and ensure that their education is not interrupted due to financial difficulties. — CoinEx Charity’s Effort to Support Education - Since last May, CoinEx Charity has launched a global educational welfare program, with concrete effort in poverty alleviation and educational welfare activities in impoverished regions. After more than a year of exploration, CoinEx Charity has blazed a trail, which involves global visits, targeted assistance, and joint donations. So far, CoinEx Charity has donated over $100,000 worth of learning supplies to schools in more than 20 regions worldwide, established several charitable libraries, and donated over $100,000 to multiple educational welfare programs jointly with official charity organizations in various regions. With the suppo...
CoinEx Academy | From a Nothing to a Market Favorite, Does KAS Just Luck out or Prosper as Destined?
A PoW project that was once unknown to the public has recently caught people’s attention, which is said to be the world’s fastest open-source, decentralized Layer1 project. It has also caused a sensation in the crypto market, pushing the PoW track back to the spotlight. You may have already guessed what we’re talking about. Yes, it’s Kaspa. Since the Ethereum merge, GPU miners have been searching for promising cryptos, and Kaspa is on their radar screen. After Ethereum’s transition to PoS, Kaspa’s hashrate on the network has been on a steady rise and even soared this March, which attracted growing attention. According to relevant data, as of April 12, 2023, KAS ranks fourth in terms of 24-hour PoW mining output, second only to BTC, DOGE, and LTC. What makes Kaspa a blue chip among GPU miners? We should start with its key features, which can be summarized as follows: — I. Guaranteed security - According to information from the Kaspa official website and whitepaper, Kaspa is built on the GhostDAG/PHANTOM protocol, which follows the PoW consensus and represents a scalable generalization of the Nakamoto consensus (Bitcoin consensus). It abides by the design principles of Bitcoin set by Satoshi Nakamoto, involving PoW mining, UTXO-based isolation, deflationary monetary policy, no pre-mining, and no central governance. In other words, Kaspa, like Bitcoin, is completely decentralized and permissionless, and anyon...
Changes in the Crypto Market Following the Shapella Upgrade
In September 2022, Ethereum went through its most critical moment ever — the Merge, which transitioned the network from PoW to PoS upon its successful completion. Moreover, the adoption of the EIP1559 mechanism made ETH deflationary. According to ultrasound. money, as of April 10, the total ETH supply has decreased by approximately 0.068% since the Merge. Now, as the first major Ethereum upgrade after the Merge, what kind of changes will the Shapella upgrade bring to the industry?Source: ultrasound.money — The rising confidence among ETH holders - The Shapella upgrade mainly covers four main EIPs, among which EIP-3651, EIP-3855, and EIP-3860 are all related to reducing gas consumption. Additionally, EIP-3860 also involves increasing the size limit of smart contracts, and the most anticipated EIP-4895 activates the staking withdrawal function on the Beacon Chain. The Shapella upgrade is clearly great news for developers, users, and stakers: expanded size limit of smart contracts allows developers to create more imaginative Ethereum applications; lower gas consumption reduces the usage cost and entry barriers for users; the withdrawal feature enables stakers to withdraw their ETH staked and the staking rewards. Some worry that ETH will face a sell-off after withdrawal is activated. However, liquidity staking tokens (LSTs) now account for 48% of the total ETH staked, and this part of the locked liquidity has alread...
CoinEx Academy｜Promising Cryptos Amidst the Shanghai Upgrade
In March, the Ethereum Foundation officially announced that the Shapella (Shanghai + Capella) upgrade will be activated on April 12 at block 194,048. After the upgrade, Ethereum will stop using the previous one-way staking model, and validators will be able to withdraw their staked ETH from the Beacon Chain. Therefore, the Shapella upgrade is seen as the first major upgrade for Ethereum since the Merge last year.Source: Dune Since the Beacon Chain went live in December 2020, over 560,000 validators have staked 18 million ethers, accounting for 15.08% of the total ETH supply, according to Dune. Over the last two months, liquidity staking and related derivatives have also sparked market enthusiasm. As the Shapella upgrade approaches, what cryptos should investors keep an eye on? — Distributed Validator Technology - Distributed Validator Technology (DVT), which is at the heart of decentralized staking, improves the security of validators. Similar to the multi-signature mechanism of crypto wallets, DVT allows nodes including individuals and groups to jointly run a validator. With DVT, even if a node malfunctioned during the validation process, other nodes could keep running the validator, which avoids security incidents such as single-point failures and forks, and reduces centralization risks. ssv.network, for instance, is an iconic DVT project. — 1.ssv.network (SSV). — As an infrastructure based on DVT, ssv.n...
Significance of the Shapella Upgrade in Three Major Aspects
The imminent Shapella upgrade is one of the most anticipated events in the crypto space this month. As a hard fork of Ethereum’s execution layer, the Shapella upgrade marks the first major upgrade of Ethereum since the Merge in 2022, and has thus captured the spotlight in the crypto industry. According to Beaconcha.in, as of April 6, 2023, 18,012,968 ethers have been staked on the Beacon Chain and there have been 562,911 active validators, with an average of 34.01 ethers staked per validator.(Source: Beaconcha.in) Furthermore, data from the global crypto exchange CoinEx shows that, as of April 6, the ETH price stands at about $1,866, up more than 50% from around $1,200 at the beginning of the year. The surge indicates that as the Shapella upgrade approaches, ETH is experiencing continued price growth.(Market statistics from CoinEx)(Market statistics from CoinEx) Besides its impact on the ETH price, what other factors make the Shapella upgrade significant? Today, we will focus on three major aspects. — I. Withdrawal of Staked ETH - In September 2022, Ethereum announced its transition to Proof of Stake (PoS). Prior to that, Ethereum used Proof of Work (PoW) and the mining mechanism to process and validate transactions, but after it shifted to PoS, the network no longer needs to rely on mining machines to solve computational problems. That said, to become validators on the PoS-based Ethereum, users have to stake 32 E...
Shanghai Upgrade Approaching: Ethereum Protocols You Should Know
Shanghai Upgrade Approaching: Ethereum Protocols You Should Know Ethereum is gearing up for its next major update, the Shanghai upgrade, scheduled to take place on April 12, 2023. The upgrade is a crucial one following the Merge last September, and it is expected to have a significant impact on the network’s more than 500,000 validators, according to data from BeaconScan, as of this March.Source: BeaconScan — Shanghai Upgrade Explained - The Shanghai upgrade is a planned hard fork of the Ethereum protocol, as well as one of the vital additional steps between the Merge and Surge, as outlined by Ethereum’s scaling roadmap. The Shanghai upgrade will implement multiple Ethereum Improvement Proposals (EIPs) that will have a significant impact on the network, including EIP-4895, EIP-3855, EIP-3860, and EIP-3651. — 1, EIP-4895. — Since the launch of the Beacon Chain in December 2020, users interested in becoming validators on the Beacon Chain have been staking a certain amount of ETH on Ethereum to receive rewards. Staking is a one-way process in which users lock up cryptos to support the network and validate transactions and earn passive income. According to beaconcha.in, as of April 4, over 17 million ETH (worth about $32.8 billion) has been staked on the Beacon Chain.Source: beaconcha.in EIP-4895 represents the most crucial development of the Shanghai upgrade. As the upgrade will lift the staking lockup, ...
Quarterly Report|Crypto Industry HOT SPOTS Review
As 2023 kicked off, COVID-19 scars faded, and the crypto market finally saw a turning point after a rough 2022. For instance, ecosystems including Bitcoin, NFT, the ecosystem of Arbitrum and Optimism received funding support, and Hong Kong’s adoption of crypto-friendly policies led to the boom of HK Coin. However, due to the unexpected rise in inflation and the quantitative tightening approach taken by the Federal Reserve, the market fell into a vicious cycle at the end of February. In early March, the collapse of three US banks, Silvergate, SVB, and Signature Bank, triggered a liquidity panic and regulatory concern. In recent years, the Fed has engaged in excessive money printing, and banks have purchased massive US treasury bonds against the background of excess liquidity. In March 2022, the Fed started its aggressive interest rate hikes. As a result, banks saw a huge depreciation in their assets, as well as massive outflows of savings with respect to liabilities, which strained liquidity. As of March 2023, the cumulative interest rate hike by the Fed has reached 450 basis points, prompting a rapid surge in the yield of treasury bonds. In the meantime, treasury bonds previously purchased in large amounts under loose liquidity conditions suffered a huge depreciation, and those classified as available-for-sale (AFS) have seen floating losses. In the end, some banks suffered a run and eventually became insolvent and filed for...
CoinEx｜Review on the AMA event with Crypto Pablo
CoinEx and Crypto Pablo recently held an educational AMA event where users were given an opportunity to learn about cryptocurrency. The discussion was very thought-provoking and insightful, and many users were very happy with the event. In this article, we will review the key takeaways and important points that were discussed during the AMA. — Q1: What are some of the hottest coins currently trending in the crypto market and what factors are contributing to their rise in popularity? - — Arbitrium ARB. — Arbitrum token (ARB) is a token associated with the Arbitrum network, a Layer-2 solution built on top of Ethereum. Recently, ARB has experienced a significant increase in value, with its price surging by nearly 1,000% from its local bottom on both centralized and decentralized exchanges. This surge can be attributed to several factors, including excitement around the network’s airdrop event, the anticipation of its long-term potential, and limited liquidity on exchanges. As more investors claim their airdropped tokens and engage with the network, the demand for ARB has increased, resulting in significant price fluctuations and an overall bullish trend for the token. However, due to the volatility and the fact that not all investors have claimed their airdrops yet, the price of ARB may continue to fluctuate in the near term. — Optimism (OP). — Recently, Coinbase launched its own Ethereum Layer-2...
You Ask We Answer Vol.13-NFTFi
Regarding the event “You Ask We Answer Vol.13, Ask anything about #NFTFi to win $1000 in $CET!”, here is a response to questions about NFTFi for your reference. Please take a look. 1、What is the process for creating and trading NFT-based loans on the NFTFi platform, and what are the benefits for lenders and borrowers? NFT lending plays a crucial role in the NFTFi ecosystem. NFTs are known for their indivisibility, meaning that they are less liquid than FTs. In addition, unlike FT holders, NFT holders cannot generate revenue by staking NFTs and have no other option but to sell their NFTs if liquidity is needed. That said, many NFT holders hope to obtain temporary liquidity without selling their assets, which has led to a growing demand for NFT lending. By staking their NFTs as collateral, holders can acquire temporary liquidity (cryptos); at the same time, liquidity providers get to earn interest. To engage in NFT lending, users typically need to select one or more NFTs as collateral and enter the loan amount, which cannot exceed a certain percentage of the NFT’s floor price (e.g., BendDAO recommends borrowing no more than 95% of the floor price). Then, after granting authorization, users will get the corresponding cryptos. 2、Will there be more NFTFI projects added to the CoinEx trading board? What is your projection for this year? According to NFTGO, the total market cap of the NFT market stands at nearly 1 million...
More CoinEx Token (#CET) News
|New Crypto Listing to Watch Today – Burn Kenny Meme Coin is Backed...
The crypto market has seen an array of new tokens entering the fray in recent weeks - and one of the latest players hoping to make its mark is Burn Kenny ($KENNY).
This deflationary token Burn Kenny ($KENNY), is set to launch on July 24, following the conclusion of its wildly successful presale phase last week.
With all eyes on $KENNY as its DEX launch nears, investors are now speculating that the token’s value could explode - setting the stage for it to be one of the breakout meme coin stars of 2023.
Presale Frenzy Cements $KENNY as Breakout Meme Coin Star with DEX Launch Pending
Burn Kenny sparked massive excitement in the crypto community last week thanks to its phenomenally successful presale.
This presale, which allowed early investors to purchase $KENNY tokens at a reduced price, hit its hard cap within just 24 hours.
Set at $500,000, this hard cap was deliberately low to speed up $KENNY’s open market debut.
This strategy paid off as investors rallied to secure their position in this trending project.
Now, all eyes are on $KENNY’s imminent decentralized exchange (DEX) launch, scheduled for 6 pm CET on July 24.
This event will make $KENNY tokens accessible to a much broader range of investors – and given the success of the presale, many are speculating that the token could surge in value.
With YouTube analyst Jacob Bury predicting that the token could be the “next 10x potential meme coin”, the stakes are high for Burn Kenny to deliver...
|Baby Doge 2.0 Pumps Over 100% with Dogecoin Price Also Bullish – T...
It’s been a hectic few days in the meme coin market, with Baby Doge 2.0 exploding by over 100%.
At the same time, the original Dogecoin has seen an uptick in momentum, with the coin’s price breaching the $0.07 level.
Traders are also turning to the brand-new meme token Evil Pepe Coin, drawn to its intriguing concept and potential for explosive growth.
Baby Doge 2.0 Takes Meme Coin Market by Storm With Huge Pump
Baby Doge 2.0 ($BABYDOGE2.0) is a new token that mimics the original Baby Doge Coin, itself inspired by Dogecoin.
Like many of the '2.0 tokens' that have flooded the market, Baby Doge 2.0 has seen an impressive start to its life cycle, with the token's price soaring over 100% in the past few hours.
In its first few hours of trading, data from DEXTools shows that the token has hit a market cap of $1.41 million, with over $100,000 locked in the liquidity pool.
As the token continues to gain momentum, traders and investors are eagerly monitoring its performance – speculating whether it could match (or exceed) the gains made by the original Baby Doge Coin.
Dogecoin Rallies Over 5% as Social Media Hype Builds
While the new Baby Doge 2.0 token is generating buzz, the OG meme coin that started everything is back on a positive trajectory.
In the past two days, Dogecoin ($DOGE) has risen over 5% and reclaimed the $0.07 level.
This surprise rally comes on the heels of a turbulent period for Dogecoin, which sank to a low of $0.0636 last week.
|Burn Kenny ICO Launch Generating Excitement Following Success of Fellow ...
An incredible 30% token burn has seen Burn Kenny ($KENNY) become the biggest name on the lips of meme coin buyers across Web3 ahead of its ICO launch this week.
The newly launched Burn Kenny ($KENNY) has become one of the most talked about projects in the space as it follows in the footsteps of another South Park-themed token, Mr Hankey Coin.
Not only did $HANKEY sell out its presale in just 10 hours, it then went on to pump nearly 200% after reaching exchanges.
KENNY may well go one better and is shaping up to beat that record and sell out in even quicker time.
Excitement Grows Over Burn Potential
Token burns have long been an extremely effective method of increasing prices, sparking pumps and increasing the long-term health of a coin.
The likes of Shiba Inu, Cronos, and Luna Classic have all employed token burns that had hugely successful impacts on their projects, and Burn Kenny is the latest to employ a significant burn.
While LUNC, for example, has burned only 1% of its massive token supply, KENNY is set to burn 30% of its tokens.
Furthermore, that burn will take place over just three days - which could see incredible volume and interest as buyers rush to secure their tokens.
The total supply is 6,666,666,666 tokens, but 2 billion of those will be removed in 72 hours, with Burn Kenny to remove 10% per day for the first three days after launching on a decentralized exchange.
This could not only spark FOMO from other investors but also incentivizes holding - with buyers h...
|Exploring the Crypto World: Join the CoinEx Pizza Month for Multiple Giv...
PRESS RELEASE. As Bitcoin becomes an increasingly popular payment option, we can now use BTC for quick ordering and online shopping in many countries/regions. You can even buy a car with BTC in some places. None of this would be possible without Laszlo Hanyecz, a Bitcoin pioneer who bought two pizzas with 10,000 bitcoins 13 years ago. This is the first time Bitcoin has been priced. Since then, this crypto has been attached with genuine exchange value.
Nearly 13 years have passed since that 'pizza transaction'. To commemorate the occasion, Bitcoin enthusiasts have designated May 22 as Bitcoin Pizza Day, which has evolved into a major festival celebrating the advancement of crypto. As the crypto community prepares for the 13th Pizza Day in May 2023, CoinEx has also planned a 'pizza' feast with multiple giveaway events to help users review the history of crypto, experience crypto culture, and have fun during CoinEx Pizza Month!
So, what events does CoinEx Pizza Month include? How to participate in those events? Let's take a look.
Share Your Investment Story to Win Incredible Rewards!
Date: 00:00 May 1 to 00:00 May 22, 2023 (UTC)
Starting from 00:00 May 1, 2023, all CoinEx users can join the event by sharing their investment stories via CoinEx's official channels. Share your investment story on CoinEx or your experience with BTC to win mystery prizes and CET rewards!
2. CoinEx Vouchers for Grabs!
Date: 00:00 May 11 to 00:00 May 22, 2023 (UTC)
Event link: The event will soon be ...
|Asian Traders Behind Most Of Bitcoin's Recent Gains, Report Reveals
Data shows most of Bitcoin's recent gains since November 27 have been observed during Asian trading hours, according to a report.
Bitcoin Saw The Most Returns During Asian Trading Hours
As per the latest weekly report from Arcane Research, Asian trading hours saw positive cumulative BTC returns of around 16% between November 27 and January 15. The report defines the three principal trading hours: between 0 to 8 Central European Time (CET) for Asian hours, 8-16 CET for European, and 16-24 for the US.
Here is a chart that shows the cumulative returns that Bitcoin got during each of these trading hours since 27 November:
As shown above, Bitcoin has seen chiefly positive returns during Asian trading hours between 27 November and 15 January. This would suggest that traders in Asia have been participating in net buying throughout this period.
The US trading hours mostly saw consolidation in this timespan, implying that activity might have been at a standstill. BTC's returns were also negative at the end of the year during these hours, while they always remained positive during Asian hours.
There was one exception. However, the market reacted strongly to the CPI news last week, and BTC observed gains. Bitcoin's cumulative returns stand at 10% in the green during US hours, while they stand at 16% for Asian hours.
European hours also mostly saw sideways movement, with BTC remaining at slight negative returns through most of the period, until the recent surge, which also saw buying ...
|CoinEx 2022 Year in Review: New Slogan, Better Product, and More User-Fr...
PRESS RELEASE. 2022 is an extraordinary year for the crypto industry, and it is also a year of struggle for both institutions and users. For CoinEx, 2022 was also a special year - quite a few crypto platforms collapsed overnight, and the panic continued as the market went through disruptive changes in Q3 and Q4 of the year. As a global crypto exchange, CoinEx is keenly aware that an exchange cannot survive bulls and bears, or achieve any progress, without consistent improvement of products and services.
In 2022, CoinEx amassed 4.5 million registered users, providing services in 15 languages throughout 200+ countries and regions. Meanwhile, CoinEx set new records in terms of trading volume, the number of cryptos listed, product & service improvement, brand promotion and upgrade, charity, and investment in the last year.
New Milestones: Record-Breaking Trading Volume and New Listings
CoinEx keeps exploring outstanding, innovative crypto projects, and has now supported 600+ cryptos in 1,000+ trading markets, reaching an industrial top level in crypto listing. In 2022, the cumulative Spot and Futures trading volume on CoinEx reached $243.3 billion, and the daily trading volume reached $2.3 billion. As for value-added services, the highest average daily APY in AMM market peaked at 96.08%. During the year, CoinEx has saved over $4.22 million in trading fees for all VIP users, via fee discounts and CET deductions.
This year, we have taken the application scenario and value of CET, ...
|Central African Republic President Reveals Crypto Hub Launch Date
Faustin-Archange Touadéra – President of the Central African Republic (CAR) – has announced that his nation’s burgeoning crypto hub will launch on July 3rd. The initiative (also known as the “Sango” project) is intended to make CAR the most “progressive” economy in Africa through the use of blockchain technology.
The Genesis of Sango
President Toudéra revealed the news through a tweet on Monday, in which he reaffirmed his commitment to establishing Bitcoin as legal tender. “With Bitcoin as legal tender & inspiration, our country opens a new chapter in its inspiring journey towards a brighter future via blockchain tech,” he said.
CAR caught the world by surprise in April when the President signed a crypto legal framework into law, which also established Bitcoin as an official currency. This meant that the government would treat Bitcoin like the legacy CFA franc – exempt from the capital gains tax, and usable for paying one’s other tax obligations.
A month later, the President also announced the Sango project – a plan to turn CAR into a so-called “crypto hub” that attracts investors worldwide. Some of its sub-projects will include establishing a crypto national bank, creating a state-sponsored lightning wallet, and exempting crypto exchanges from taxes.
The project will also incorporate the “tokenization” of the country’s natural resources, according to a translat...
|What Makes CSC an Exceptional Public Chain?
May 2022 had been a heart-stopping ride for the crypto market. Most of you have heard about the recent meltdown of Luna, a cryptocurrency released by Terra. With a peak market cap of over $40 billion, the project suddenly slumped, and the price of Luna dropped from $90 to less than $0.00015 within a few days. The plunge of Luna, which was formerly one of the top 3 stablecoins, far exceeded the price drops of altcoins out there. Meanwhile, investors holding Luna also suffered heavy losses, and many have lost millions.
In nearly a month since the Terra meltdown, Terraform Labs recently released Terra 2.0, a new version of Terra, and equipped it with newly minted Luna coins to make a comeback. Yet, will investors still trust Terra 2.0? Trust can dissipate instantly, but it takes a long time to build.
At the moment, Ethereum remains at the center of public chain ecosystems. That said, Ethereum is also subject to multiple flaws. For example, due to its low TPS, a large commercial DApp in the ecosystem can slow down the entire network. Moreover, Ethereum users also have to pay expensive gas fees. During peak hours, a single transfer could cost hundreds of dollars, which hinders the large-scale adoption and growth of DApps. Though Ethereum has rolled out ETH 2.0, there is no specific date as to when the ETH 2.0 upgrade will be fully completed, and the upgrade process has not been all plain sailing.
Undoubtedly, the boom of DApps is enabled by public chains that feature high performa...
|What Makes Deflationary Tokens a Preferred Choice in the Crypto Market: ...
In the crypto market, though most cryptocurrencies share similar underlying technologies, they are designed based on different economic models known as tokenomics. To be more specific, some cryptos feature a supply that increases over time, while some others have a fixed supply. Yet, a minority of cryptos come with a diminishing total supply that looks deflationary. Such tokens are referred to as deflationary cryptos.
We all know that some cryptos with a fixed supply, such as Bitcoin, are generally deflationary by default. Most members of the Bitcoin community reject inflation because it often represents a loss of value. For instance, a real-world currency issued by the government often controls the entire financial system of the country. If a government frequently issues a large supply of currency via the central bank while setting low interest rates and buying a huge amount of foreign bonds, the country will be prone to a credit crisis and even worse an economic depression.
Before publishing the BTC whitepaper, Satoshi Nakamoto had noticed that real-world currencies issued by the government are subject to inflation, which inspired him to develop an alternative store of value that’s similar to precious metals but is achieved digitally. Bitcoin’s flexible mining difficulty and mining reward mechanisms help it suppress inflation. Meanwhile, the unique design of Bitcoin continues to drive up its value. It should be noted that Bitcoin is deflationary not only because...
|OneSwap Prediction Goes Live: Become the Best Predictor & Win Incredible...
OneSwap, a decentralized trading platform, will launch a new feature called Prediction on April 29, 2022, and BTC/USDT will be the first prediction market where users can win prizes by betting on the price trend of BTC/USDT. Prediction comes with an initial prize pool of as much as 1 million CET. Meanwhile, OneSwap will also launch the “Win Rate Ranking Reward Game” that will allow users to receive double rewards.
Predict to Earn: How Prediction Works
Log in to OneSwap (https://www.oneswap.net/cet/prediction), and select CSC;
Connect to MetaMask, OneSwap Wallet, or a wallet that supports WalletConnect;
Go to Prediction, pick an available module, and click on “Going Up” or “Going Down” to place a bet;
Enter the CET amount of the bet (range: 10 CET - 10,000 CET per round per address), and click on Submit. After a bet is submitted, it could no longer be modified or canceled.
Once a bet has been submitted, the user needs to wait for the current round to end. If a user bet on the right price trend, he will get back his bet and earn prizes (note: users may withdraw their prizes for multiple rounds cumulatively, and prizes will remain valid indefinitely); if he bet on the wrong price trend (i.e. he bet on the opposite direction or the Locked Price equals the Settlement Price), then the bet will be transferred to the prize pool.
Here, we will illustrate how prizes are distributed via two examples:
Let us suppose the transaction fee stan...
|Earn Profits via PREDICTION: Tap into OneSwap's New Feature
As the external factors become more uncertain since the first quarter of 2022, the crypto market has kept fluctuating. Recently, it is reported that the Federal Reserve might hike up interest rates by 50 basis points in May, and the crypto market would go through a sharp price correction along with the US stock market. According to alternative.me, Crypto Fear & Greed Index has seen wide swings during the past three months and plummeted at 11 (0 means “extreme fear”). Generally speaking, market fears have increased over the recent period, and the excitement has been dampened, which is related to the recent volatility of the crypto market.
Many investors believe that the crypto market would witness a period of volatility if the Fed were to raise interest rates by a scale that exceeds market expectations in May. That said, couldn’t we profit from market swings?
In fact, investors can still profit during market swings. PREDICTION, which is a new feature that OneSwap will soon launch, allows investors to bet on crypto rises/falls and win prizes. With PREDICTION, investors will be able to profit whether the crypto price goes up or down.
Profit from PREDICTION despite market swings
According to official news, OneSwap will introduce a new feature called “PREDICTION” on April 29. After the function is launched, investors who hold CET can easily win prizes by betting on the market trend of a certain crypto per round (every ten minut...
|Supporting Multiple Cryptos and Public Chains, ViaWallet emerges as a Se...
On March 3rd, 2022, ViaWallet, a multi-chain & multi-cryptocurrency decentralized wallet, organized a Twitter Q&A Session in collaboration with CoinEx Exchange. The questions centered on ViaWallet’s project ideas, unique features, security level, future development and partnership. Here are some of the questions asked during the session along with in-depth responses provided by the organizers.
1. Can you briefly explain the main idea/purpose behind the ViaWallet project?
ViaWallet is mainly designed to meet the demand for asset management. Right now, you can trade and store (short-term) crypto assets in any crypto exchange. Yet, we believe that the specialized storage and management of cryptos also matter, and there is strong demand for such functions, which is why we decided to launch ViaWallet.
Compared to a crypto exchange, ViaWallet focuses more on the storage and management of assets. More importantly, the application is safer and meets the demand for asset security and management.
The upgrades of ViaWallet have also been centered on such demands. To meet the demand for the management of different assets, ViaWallet rolled out a multi-chain/multi-crypto model. In ViaWallet, both the single-crypto wallet and the multi-crypto wallet are available. ViaWallet now supports 45 coins, spanning mainstream public chains such as BTC, ETH, CSC, TRON, Terra, Polygon, BSC, DOGE, and over 1 million tokens, covering most mainstream tokens, which meets the demand for the m...
|Concordium Blockchain Officially Launches its CCD Token on Bitfinex and ...
[PRESS RELEASE - Zug, Switzerland, 10th February, 2022]
Concordium, a public, proof-of-stake blockchain with a built-in identification layer to meet the regulatory requirements, is thrilled to announce the official listing of its native CCD token on Bitfinex and BitGlobal, two leading crypto exchanges. Bitfinex is the first exchange where users can trade the CCD token, beginning at 10:00 AM CET on February 10, 2022. Trading on BitGlobal will open on February 11, 2022 at 10:00 AM CET.
Founded in 2012, Bitfinex is one of the world’s oldest crypto trading platforms. It offers a suite of highly advanced and diversified trading features, charting tools, and unparalleled support. BitGlobal is designed to enable every user to trade, participate, or contribute to the digital assets ecosystem with ease. It offers a user-friendly digital asset ecosystem with increased liquidity and tighter security measures of international standards.
Both Bitfinex and BitGlobal users will be able to trade CCD against BTC, ETH, and USDT. The exchanges will initially support only spot trading of the token at launch. In the near future, Concordium intends on bringing CCD to more exchanges thereby increasing the liquidity of the CCD and enabling wider utilization of the CCD.
As the native token of the Concordium platform, CCD is key to interacting with the blockchain. It can be used as a means of payment on applications using the Concordium technology as well as paying transaction fees to the valida...