Delta Exchange is a prominent exchange for trading of crypto futures on and other crypto derivatives. Delta exchange allows leverage of up to 100X on futures and perpetual swap contracts. it offers. Bitcoin Futures are the most widely traded product on Delta Exchange. Bitcoin futures trading on Delta Exchange allows traders to go long and short on Bitcoin with high leverage.

Pankaj Balani, Jitender Tokas, and Saurabh Goyal launched Delta Exchange in mid of 2018. Within a short period of time, Delta-Exchange has generated good interest and has become a favored destination of crypto traders who like to trade with leverage. Delta Exchange’s robust trading engine which hardly chokes in times of high volatility and allows traders to take positions in times when competitors such as BitMEX are down has been a key reason for many traders to move.

Besides this Delta-Exchange has a strong focus on transparency. The founders and company pay special emphasis on this virtue and pride themselves in being a #TradersFirst exchange. Delta Exchange’s competition often has got a bad name because of frequent order submission errors and unfair trading practices. It is this opportunity that Delta-Exchange has helped Delta grow quickly.

The founding team and advisors have a past record of working in large investment banks such as UBS, Citi, Goldman Sachs. Delta Exchange has advisors who are also advisors to Stellar Lumen. CEO of ETHLend, which is a well-known crypto project is also an advisor to Delta Exchange.

Currencies Supported for Trading and Deposits 

Delta.Exchange is a crypto only exchange. The deposits and withdrawals are allowed only in Bitcoin. To trade user posts margin in Bitcoin and all profit and losses are in Bitcoin terms. Delta Exchange, however, has some cool features such as Convert-to-Stablecoin. This allows users to convert their BTC balances to StableCoin when they are not trading. Delta Exchange has futures listed on the following cryptocurrencies. 

1. Bitcoin (XBT)

2. Ethereum (ETH)

3. Ripple (XRP)

4. Stellar Lumen (XLM)

5. Binance Coin (BNB)

Fees

Delta Exchange offers some of the lowest fee in the industry and often has attractive customer discounts available. Fee on Delta Exchange are different for maker and takers. Makers get a rebate which is different for different contracts. On Bitcoin contracts, makers get 2.5bps to trade or negative fee. On Altcoin fee, the makers get as much as 5 bps to trade on Delta Exchange. 

Taker fee on Delta Exchange for Bitcoin is 7.5bps.

There are often good offers also available on Delta Exchange. Keep checking the Offers section in the main menu on the trading page after logging in to see the list of current offers. 

Currently, Delta Exchange is offering 15% discount on trading fee for new users for the first 6 months. To get this offer, register using the above link.

Customer Support

Delta Exchange has one of the best and readily accessible customer support. If you have any questions about how to use the platform or other queries you can send them an email at the support email mentioned on the platform or post your query on the company’s Telegram group or their twitter handle. 

The support is also very knowledgeable about finance and other concepts on futures trading. They are very courteous and always eager to help customers. 

Easy to use Platform

One of the best things about Delta Exchange is it's easy to use trading interface. Most trading platforms have too much information and too much data, which always confuses new users. Delta Exchange has done a good job in reducing the clutter on the trading screen yet making sure that all important information is available to traders in the main trading page without going to the new page. 

On the top right in the trading page, you have the contract selection drop-down. You can select from Bitcoin, Ether, Ripple, Lumen or other crypto assets on which you want to trade from here.

Once you have selected the contract to trade you can see its order book with current bids and offers, the order placing section where you can place limit, market, stop-limit or stop-market orders.  To the left is the charting screen which has all technical indicators available for easy analysis. On the top right are the account balance. 

The top right corner has the menu section, under which you have the following navigation available. You can the reference section to read about how contracts and trading work on Delta Exchange. 

Is Delta Exchange Secure and Legit

Delta exchange lays a lot of emphasis on security and safety of funds. The company uses best in class multi-signature wallets providers to secure the customer funds. Moreover the company only allows withdrawal at registered white-labeled addresses of customers and only allows withdrawals once a day. The founders of Delta Exchange have also spoken testing with decentralized derivatives to remove the risk of customer funds and launching third-party custody of funds to secure the funds. 

The team and people behind Delta Exchange are very credible. They come with experience of working with top brands in the world and have top educational backgrounds. They’ve all had impressive career and have had successes in their past endeavors. 

The constantly and quickly growing volumes of Delta Exchange tell you that it has been able to win customer trust in a very short period of time. Hence Delta Exchange is very legit. 

Conclusion - Should you use Delta Exchange

Of all the crypto exchanges out there that support leveraged trading Delta is the most user-friendly, has many different features such as Convert-to-Stablecoin, USD quoted inverse futures on Ether and other crypto assets, has a robust trading engine, lower fees and great customers offers. 

We give Delta Exchange 5 stars and highly recommend that you use Delta Exchange for trading cryptos with leverage. To sign-up in less than 30 seconds and get 15% discount on trading fee for first 6 months use this link.

Let us know what you think of Delta Exchange and if you have any questions about Delta Exchange by writing to us in the comments section below. 

If you're trying to look for some strategies related to trading, you can visit this telegram signals to get more knowledge in trading,

How much profit can automated crypto trading bots generate?

In order, to earn a significant profit from the trading bots you will ideally need a sufficient amount of cryptocurrencies, to begin with. For example, to run bitcoin bot you shall deposit Bitcoin on a number of exchanges which connects with your bot through Application Programming Interface. However, the returns, in the beginning, might not be as per your desire. But having a trading bot that monetizes and plans strategies based on changing trends in the market can be very fruitful and handy in the long run. The bots shall be used in deciding what kind of strategies to run in order to execute a trade that can earn profits. The bot shall be used as a tool to run efficient crypto marketing trade and not a solution. Also, the profits earned from the trading bots depend somewhat on the trader as well.

The idea is to set your trading bots in the right way if you can do that you are there to earn a lot of fortune from it, but you definitely have to work on it. Bots are typically great if you are planning to make large investments as it can generate you more profits contrary to small investments. 

What makes crypto trading bots unique rather better than humans?

The thing that makes trading bots different is that the automated bots can run trade on behalf of you. Because of the growing popularity of cryptocurrencies, the usage of bots has also increased thereby; more platforms are trying their best to introduce new features which makes them quite advanced.

The trading bots use indicators and algorithms to predict the right time for trading the crypto. Trading bots have been there for a while now and have swiftly paved their way into the crypto world. The constant shift and changing trends in the crypto market is something that is accountable for the ongoing trend of using automated trading bots to run crypto trade. However, the thing that makes the trading bots different and better than humans is its functionality, accuracy in terms of running an analysis of the market, and different types of exchanges on which it can run the trade.

Therefore, bots can be regarded as an effective tool that can be really beneficial for the traders to run profitable investments based on ongoing market trends.

Talking about the question are trading bots better than humans? The crypto trading bots run on Artificial Intelligence and pre-programmed rules thereby it takes decisions based on facts and figures rather than pre-biased notions or emotional interference. There are some platforms like

Bittrex Bot that are using AI to run the automated bot in order to generate profitable trade of cryptocurrencies. The platform offers you a choice between automated and manual mode to choose the types of investment you want to choose or make using the bot. Thereby, allowing you to make a perfect choice between manual or automated trading both based on strategies and facts.  The platform runs an in-depth analysis and runs an efficient trade on your behalf 24/7. Platforms like this provide more human touch that is required in running crucial investments and trades, especially in a volatile crypto trading market.

Therefore, it won’t be wrong to say that the crypto trading bots can provide traders with an efficient trading strategic platform if used as a tool and not as a solution.

The main point of WorldMarkets

Today, the most interesting feature of WorldMarkets is, without a doubt, its trading system based on artificial intelligence (AI). It started as a gold and silver price monitoring system and they have evolved it over time until it became a complete system.

With their AI tool they can help their clients to invest without having to spend hundreds of hours searching for the right utility and potentially investible assets.

The process is quite simple, first you have to create an account in WorldMarkets. You should keep in mind that, being a real company with licenses to operate, they have certain limitations by countries (international embargoes to countries like North Korea, for example). Then the deposit is made in the desired currency, admitting a lot of means of payment, which include traditional currencies and the most important digital currencies, of course, Bitcoin and some more.

Once we have a balance in our account, we have to configure a couple of options such as the level of risk and the moment our money will begin to be operated by the artificial intelligence (AI) based trading tool. We can stop it at any time and withdraw the profits whenever we want.

Two of the most interesting features of this trading system is that we have operating compound interest from the first moment (the benefits begin to be automatically reinvested as soon as they are collected, so that they generate more benefits on them). The other interesting feature is that WorldMarkets will only charge you commission on benefits, operations that do not yield benefits will have no commission.

The main advantage of trading with AI: its profitability

When you talk about investment, the main characteristic in which potential investors are focused on is, obviously, the profitability that a system or product is capable of producing. And this is one of the great strengths of the system: it's long-term profitability.

The AI trader operates with artificial intelligence 24 hours a day and 7 days a week, identifying satisfactory operations or arbitrations between exchanges.

The system began operating in February 2017 and today, when 3 years of system life are reached, we have an average return of 21.77% per month. A very high and very interesting result, since it barely has months "in red", and the months "in green" weigh much more in the total.

With these figures, results (with compound interest) of + 481% during 2017, + 647% during 2018 and + 718% during 2019 have been consolidated.

The big difference that WorldMarkets offers us with its automated trading system with AI is that the results are audited and verified by external companies, having a monthly report with the operations and results of the corresponding month. This increases customer confidence through transparency.

Other advantages of trading with AI from WorldMarkets

Security is one of the main concerns of WordMarkets, so the access account is protected with an encryption system, 2FA access and all kinds of modern protections. But, in addition, the trading operation itself is also protected against system failures, since it has implemented scientific and statistical methods to control the risk margins of operations and thus protect the profitability and duration of the entire system.

The other great advantage that WorldMarkets offers us is its generous affiliation system. By which we can act as ambassadors for the company, since they share with us 50% of the commissions generated by a client that we have brought to the platform. Recall that WorldMarkets only charges commission for trading operations that are beneficial to the customer, so it will be with those operations with which we will prosper all the members of the system, thus collaborating with it to be sustainable and profitable over time.

Other services offered

With their long experience in the bullion market, they offer us to buy and sell coins or bullion of the main raw materials and precious metals. In addition to remote investment (without owning the good) and even vault services: a vault or remote safe where your gold bars are stored in exchange for a small commission.

They also allow us to operate in the cryptocurrency market through their associate BitMex.

Finally, and as a sign that they are a very complete portal, they allow us to train in the world of trading at no cost with an interesting video section. Remember: information is power.

Conclusion

If you are looking for an easy and profitable investment intermediation service, WorldMarkets is a very interesting idea. And especially through its flagship product: the profitable investment vehicle based on AI for trading.

Official Links

• Web: worldmarkets.com
• Contact telephones and offices by country: Contact

What is leverage trading?

In simple terms, leverage trading is a trait that is executed by using borrowed shares from your broker to increase the size of your portion in a play so that you can make more money on the other side.

There are different types of leveraged trades like options, futures contracts, and buying on margin. Among all of this, buying on margin is considered to be the most profitable, and proportionally, the riskiest.

What is buying on margin?

While buying on margin might seem so sophisticated, we have always had an alternate terminology that we have taken for granted – loans! Yes, what we essentially do while taking a loan is that you take a considerable chunk of cash from an institution that profits from lending money to you. 

If you were to buy a car for $50,000, you end up putting down payment of $5000 and borrow $45,000 over a time period of, let's say five years. Every month, you pay an installment for the borrowed money, which includes both the principal and the interest.

This is exactly how margin buying works – just like how the loan amount is disbursed based on a few parameters like your payment capacity and the terms of the institution offering the loan. Margin trading also has certain factors like the multiplier and the amount that you will need to essentially have in your trading account.

Although the process might be similar, it cannot be considered completely congruent because buying a car or a physical asset is not the same as borrowing for trading. The likelihood of you losing the car or the car being rendered useless is quite less compared to the possibilities of you losing money in trading.

How does leverage trading work?

Leverage trading is all about borrowing shares or cash to buy shares, or in this context, crypto assets for trading from the exchange itself. Leverage is always expressed as a ratio – some crypto exchanges offer leverage of 2:1, and some even offer leverages as high as 100:1.

Let us take the example of a 100:1 leverage. The 100:1 leverage simply means that you can borrow 100 times the amount you have set aside as the margin. Therefore, if you have $1000, you can participate in trades that require you to have $100,000.

For the sake of convenience, let us take the price of the Bitcoin to be $1000. If you have just $1000, you can buy just one bitcoin. If the price of the bitcoin rises by let's say, $10, you can sell them and get a profit of $10 for that $1000 you have.

However, if you were to borrow $99,000 from the exchange as leverage, you can trade for $100,000 instead of just confining yourself to the $1000. This means that you will not make just a $10 profit but a $1000 profit. Therefore, it is quite evident that leverage trading is a great way to increase your prospects for better profits.

Once you have made your profit, you will have to return the $99,000 that you borrowed to the exchange itself. In addition, there is also an interest that is levied on the borrowed amount. This creates a win-win situation – you get better profit, and through that profit, the exchange also gets to earn interest.

On the other hand, if the bitcoin prices fall by, let's say, $10, you would suffer losses of $1000 if you were to use leverage trading. In addition to returning the $99,000 that you borrowed, you will also need to pay the interest, which effectively results in a considerable loss leaving you with less money than the $1000 that you had in the first place.

To ensure that the exchange does not suffer losses, they impose certain conditions. They require margin traders to maintain a minimum balance in their trading account. Commercial losses can be recovered from that account. It serves more like collateral in the traditional context. Once the losses go overboard, the loss for the exchange will be recovered from the amount or the minimum balance set aside called the margin amount. This ensures that the exchange does not suffer any losses.

Conclusion

The stress on the fact that the exchange does not suffer any losses is quite inviting a statement to make whitelabel leverage crypto exchange a lucrative business. It is quite easy to kickstart your business provided you meet the regulatory requirements, and establish your compliance. All you need to do is either create your crypto exchange platform with leverage from scratch or purchase white-label cryptocurrency exchange software with leverage.

There are a lot of companies that provide these services such as this website, and all you need to do is get in touch with them and let them know about your requirements. They will take care to customize the exchange according to your requirements and have it launched for you, so you can start making your profit irrespective of the traders making profit or loss.

Featured image from BitcoinExchangeGuide.com

The cryptocurrency ecosystem was until recently an unexplored terrain for this type of operation, where the most that could be done was to automate some orders on the exchanges. That’s why DeepTradeBot has developed a series of complex AI and big data tools that will allow us to explore a whole new world of possibilities with little risk.

What is DeepTradeBot?

DeepTradeBot is a collection of automated trading tools developed by Deep Neuro Networks LTD, a London, England-based company dedicated to artificial intelligence and cloud computing.

Here we find the first advantage, we are dealing with a legal company, registered in a safe country within Europe. They have a contact telephone number (attended in English).

Why are trading robots useful?

The investment is based on analyzing a large amount of data, designing a strategy, and then carrying out the actions that follow that strategy. This is something very easy to say, but very difficult to do.

First of all, we humans find ourselves with our limited capacity to process data (as an example, the main artificial intelligence has defeated the human being in disciplines of pure analysis such as chess). Secondly, human beings make mistakes derived from our emotions, which often lead us away from the method or make us perceive the data analyzed in the wrong way. To these factors, we must add fatigue, mistakes, and a long etcetera.

Therefore, trading robots are a perfect tool to help us achieve higher returns for our investment.

DeepTradeBot Key Features

DeepTradeBot will operate on major cryptocurrency exchanges in 24/7 format. To take full advantage of all the opportunities of AI, 4 types of robot actions are managed according to the market situation:

• High-frequency trading. The robot scans the operations of the order book and anticipates their arrival on the market by being faster than the human being in executing the operations.
• Trading arbitration. All quotations are analyzed on all platforms to find opportunities to make successful trades without risk.
• Algorithmic trading. The robot uses technical analysis and indicators to determine the next move in the price.
• Trading supported by fundamentals. Another robot scans the news and social media sources like Twitter to detect investor sentiment and anticipate the rises that will be caused as a result of these movements in the information.

How can I earn with DeepTradeBot?

Earning by investing in DeepTradeBot is very simple. Its platform is designed to facilitate the entire process so that all we have to do is register, select the type of investment, and the number of bots we want to put to work for us. And artificial intelligence will do the rest. In the following table, we can see the options available right now on the platform.

Neurons are the unit that has been created to simplify the measurement of computing power to which we have access. It is obtained from relevant parameters such as the dedicated computing time, the number of layers of the dedicated neural network, and the number of connection resources dedicated to reading and sending the information.It is very interesting to note that we have a free version that will allow us to test the platform, although of course, it will be much less powerful than the other options.

More information and full contract conditions are available on its website.

But not only can we earn with the investment in bots, but it also has an affiliation system by which we can charge a commission for each of the users that we have recommended.

The latest from DeepTradeBot: the VIP Investor Club

DeepTradingBot never stops when it comes to innovating for the best return. So right now they are launching their VIP investor club.

To enter the club you have to pay a fee, which is not very high, but which will guarantee that everyone inside is committed to the project and is a person with vision and innovation. What does VIP club membership entitle us to? As members of the VIP club we will enjoy:

• Access to more and more powerful bots when we are acting as investors.
• Improved membership fee, with higher percentages of earnings.
• An extensive network of levels for MLM marketing experts.
• Possibility of moving up in the organization structure, unlocking new benefits, and higher income.

So our earnings will be double, on the one hand, the improved returns on investment with bots, and on the other hand, the earnings derived from new affiliates that are incorporated by our recommendations.

Conclusion

If you are looking for an innovative investment service that allows you to obtain profitability passively and without complications, it is interesting to try this platform… It also has a free bot test!

Official Links

• Web: deeptradebot.com
• Twitter: @trade_deep
• Telegram: @deepTradeBotChannel

Linear Finance is the first cross-chain compatible decentralized delta-one asset trading protocol that allows users to create and trade synthetic assets (Liquids) in a seamless, cost-effective, fast, and secure manner. Currently, exposure and cross-asset investment arrangements require a long settlement time of T2+, resulting in an adverse price movement for traders. Linear Finance explores the tremendous value in seamlessly gaining and switching exposures for cross-asset investment by offering users instant settlement on the blockchain.

LINA, used for collateral and governance, is the native token of Linear Finance. LINA is the base collateral to mint LUSD, which is utilized to build synthetic Liquid. The LINA debt pool functions as the backbone of the protocol, as it enables decentralized trading with infinite liquidity while rendering no counterparty or slippage. Token holders of LINA are entitled to participate in the LinearDAO, which allows them to access proposing, voting, and initiating governance decisions about the platform as the protocol matures towards a DAO structure in the long term.

Aside from Linear Finance’s cross-chain compatibility that reduces gas fees, block times, and adds TPS, the platform’s market-making design mechanism incentivizes actions to stabilize the collateralized debt pool, thus preventing debt pool inflation. When users trade on Linear Finance, they also benefit from dynamic price feeds with higher refresh frequencies (as much as one second).

With regards to the listing collaboration, Shane Molidor, Global Head of Business Development at BitMax.io, addresses,

" The listing of LINA renders a strong start of October for BitMax.io. With the help of Linear Finance’s cross-chain compatibility, BitMax.io sees the future possibility where cross-asset trading can be achieved with higher speed and more security, which ultimately would mitigate unnecessary price loss for traders.”

BitMax.io will also join as a liquidity provider once Linear Finance’s mainnet is launched and offer its users a variety of services regarding synthetic assets issued on the Linear Finance platform, including, but not limited to, the minting of synthetic assets and staking of the LINA Token. BitMax.io will further support the Linear Finance ecosystem by listing its native stablecoin – LUSD, once it is launched.

About BitMax.io 

Launched in August 2018, BitMax.io is a leading digital asset trading platform with a broad range of financial products and services for both retail and institutional clients, with robust design ranging from innovative volatility products to margin trading, derivatives trading, staking products, and other investment solutions.

For more information and updates, please visit:

Website: https://bitmax.io
Twitter: @BitMax_Official
Telegram: @BitMaxioEnglishOfficial
Medium: @bitmax-io

About Linear Finance

Linear Finance is a decentralized delta-one asset protocol with unlimited liquidity. The platform is built with a focus on its community, with whom it will work relentlessly via the LinearDAO to create Liquids that the community wants. Linear Finance will launch its test net on October 20th, followed by a mainnet launch in a month on November 20th. LinearDAO governance will be achieved in Q1 2021, along with EVM-chain compatibility.  

The Linear Finance team consists of people with profound expertise and frontline experience in technology and finance. Co-founder Drey, former Chief Product Officer at Liquefy brings a wealth of experience creating institutional-ready products with interoperability focusing on high throughput, security, and scalability on leading blockchains, including Ethereum, Quorum, and NEO. Co-founder Kevin graduated with an MBA from Harvard Business School and boasts over 13 years of financial and business leadership experience in investment banking, mergers, and acquisitions.

Website: https://linear.finance
Twitter: @LinearFinance
Telegram: Linear Finance
Medium: @linear.finance

DeFiner is a decentralized finance network for digital savings, loans, and payments. Its FIN token is an ERC 20, Ethereum-based, cryptographic token connecting all parts of the DeFiner ecosystem. FIN's core use cases include distributed profits, proof of premium (POP), and voting rights.

In contrast to its competitors, DeFiner features a deposit strategy that centers on yield farming and expanding collateral options for its users. The revenue generated from 10% interest sharing and the auto-insured deposit insurance set DeFiner apart from other decentralized finance networks. DeFiner’s suite of tools also includes a yield aggregator, making the platform appealing for retail investors, institutions, and sophisticated yield farmers.

DeFiner is designed to be a solution to the broad spread between borrowing and lending rates. The platform successfully bridges this gap by depositing excess capital to DeFi money markets like Compound, optimizing DeFiner's capital utilization to remain above 85%. This gives depositors on DeFiner an average advantage of 2.46% interest greater than those deposited with Compound.

The DeFiner team brings together expertise from the technology and finance industries, with team members coming from the Federal Reserve and companies like Microsoft and Google. After the platform launch, DeFiner plans to release a wallet, savings product, and mobile application. The team engaged Trail of Bits and Consensus Diligence, the firms with proven track records of thorough, successful audits, to audit the security of the platform.

"The primary listing of DeFiner on BitMax.io will be beneficial for all involved – DeFiner, BitMax.io users, as well as users of the DeFiner platform," remarks Shane Molidor, Global Head of Business Development at BitMax.io, "DeFiner provides an optimized solution to capital utilization. The listing collaboration advocates and stimulates the development of this solution, and at the same time, brings the solution directly to BitMax.io users."

About BitMax.io 

Launched in August 2018, BitMax.io is a leading digital asset trading platform with a broad range of financial products and services for both retail and institutional clients, with robust design ranging from innovative volatility products to margin trading, derivatives trading, staking products, and other investment solutions.

For more information and updates, please visit:

Website: https://bitmax.io
Twitter: @BitMax_Official
Telegram: @BitMaxioEnglishOfficial
Medium: @bitmax-io

About DeFiner

As its name suggests, DeFiner aims to define the future of open finance by becoming the safest DeFi lending network in the crypto space. The platform empowers users to embrace the new digital economy and unlock instant value from their crypto assets through earning, lending and borrowing. In the next two quarters, DeFiner will inaugurate its wallet launch, savings product launch, and mobile application launch.

The DeFiner team consists of experts with a robust background in the tech and finance industry, who gained expertise from former Federal reserve and fortune 500 companies like Microsoft, Google, and Symantec

For more information and updates, please visit:

Website: https://definer.org
Twitter: @DeFinerOrg
Telegram: @definer
Blog: https://blog.definer.org
Medium: @definerorg

Featured image from Freepik

Nsure is an open insurance platform for open finance. Nsure’s “DeFi insurance” borrows the idea of Lloyd’s London, a marketplace to trade insurance risks, where premiums are determined by a dynamic pricing model. Users can supply capital to the network to mint the native token, NSURE. The token serves as a governance tool for the network as well as the instrument used to underwrite policies on the platform, generating premiums paid out in ETH or stablecoins.

In contrast to other projects, Nsure aims to provide a more sophisticated insurance model for the average cryptocurrency user. Nsure’s dynamic pricing model sets prices based on real-time supply and demand, and the platform’s capital model is used to secure the required capital to cover any claims and back system-wide risk at any given moment. A three-phase crowd voting mechanism is used to assess all claims in an open, transparent, and professional manner.

Total value locked (TVL) in DeFi protocols exceeds $4 billion, but to date, only 0.4% of that value is insured. By working with insurance veterans and licensed actuarial analysts, Nsure is dedicated to researching and developing new risk assessment methodologies that can lead to broader industry adoption and capture more usage in the cryptocurrency space.

The Nsure team brings together veterans from the blockchain, insurance, and venture capital industries, with core members from respected companies like Allianz and AON. The mainnet alpha launch is planned for Q4, 2020, including the core features of buying insurance, providing capital, and underwriting policies. The beta mainnet, scheduled for early 2021, will introduce extended functionality such as stablecoin pools with a governance DAO to follow.

About BitMax.io 

Launched in August 2018, BitMax.io is a leading digital asset trading platform with a broad range of financial products and services for both retail and institutional clients, with robust design ranging from innovative volatility products to margin trading, derivatives trading, staking products, and other investment solutions.

For more information and updates, please visit:

Website: https://bitmax.io/
Twitter: https://twitter.com/BitMax_Official
Telegram: https://t.me/BitMaxioEnglishOfficial
Medium: https://medium.com/bitmax-io

About Nsure

Nsure is an open insurance platform for Open Finance. Capital providers can utilize its NSURE token to stake on insurance risks to obtain daily premiums. The platform supports a vote-based Dynamic Pricing Model and Capital Mining to determine the price and to back the risk. In the next two quarters, the team will be launching Mainnet and working in parallel to deploy on other chains (i.e. Polkadot), aiming to become an underwriter to support the supply of capital and the demand for insurance coverage.

For more information and updates, please visit:

Website: https://nsure.network/
Twitter: https://twitter.com/Nsure_network 
Telegram: https://t.me/nsurenet
Medium: https://medium.com/@nsure_network

HARD Protocol (previously Harvest.io) is a cross-chain money market that enables users to lend, borrow, and earn with their digital assets. HARD, the native governance token for the protocol, launched with the mainnet upgrade that took place on October 15th, 2020. The token can be used as collateral in the HARD Protocol supply and borrowing markets, as well as for voting on the management and evolution of the platform.

In contrast to other money markets, HARD opens DeFi to the larger cryptocurrency market, taking token holders beyond ETH access products like lending and borrowing. As an application built on multi-asset DeFi platform Kava, HARD is set to capitalize on the Kava-4 Mainnet upgrade which will introduce support for BTC, BUSD, XRP, and other digital assets. New digital assets will be also supported within the HARD Protocol money market alongside Kava native assets like KAVA, HARD, and USDX.

The HARD Protocol money market is the first project of its kind launched on the Kava blockchain. Kava gives the platform access to cross-chain assets, Chainlink oracles, and other key infrastructure. To support platform security and stability within this relatively new design paradigm, compared to Ethereum, HARD code is being audited by CERTIK, peer-reviewed, and tested prior to listing.

"The primary co-listing of HARD on BitMax.io will be beneficial for both BitMax.io users and users of the Kava DeFi ecosystem," said Shane Molidor, Global Head of Business Development at BitMax.io, “HARD offers investors a cross-blockchain money market to lend and borrow assets in a new way. This listing collaboration gives BitMax.io users exposure to HARD Protocol through the HARD token, and at the same time, allows HARD users to further invest in the platform’s governance."

About BitMax.io 

Launched in August 2018, BitMax.io is a leading digital asset trading platform with a broad range of financial products and services for both retail and institutional clients, with robust design ranging from innovative volatility products to margin trading, derivatives trading, staking products, and other investment solutions.

For more information and updates, please visit:

Website: https://bitmax.io/
Twitter: https://twitter.com/BitMax_Official
Telegram: https://t.me/BitMaxioEnglishOfficial
Medium: https://medium.com/bitmax-io

About HARD Protocol

HARD Protocol is the world’s first cross-chain money market that enables users to lend, borrow, and earn with their digital assets. Leveraging Kava’s blockchain security for DeFi products, the HARD Protocol will be expanded to support BTC, XRP, BUSD in HARD money markets along with native Kava assets like KAVA, HARD and USDX.

For more information and updates, please visit:

Website: https://harvest.io
Twitter: https://twitter.com/harvest_io
Telegram: https://t.me/harvest_io 
Medium: https://medium.com/kava-labs/tagged/harvest

PlotX is a non-custodial prediction market protocol that allows users to create, settle markets, and distribute rewards on the Ethereum Blockchain without any counter-party risk. The platform is the world’s first automated market-making (AMM) driven prediction market, earning it the nickname ‘the Uniswap of prediction markets.’

Prediction markets can be valuable sources of crowd sentiment data given sufficient user participation. PlotX aims to solve the challenges other prediction markets traditionally face in gaining adoption, specifically cumbersome user experiences and illiquid markets. By leveraging automated market making, PlotX can accommodate shorter market cycles, ranging from one week to as little as one hour. Shorter market cycles and an intuitive, “five clicks to predict” user interface gives users more opportunities to participate and encourage higher liquidity on the platform.

The platform’s utility token, PLOT, serves as the medium of exchange between participants in PlotX prediction markets. The token acts as the mechanism for community governance of the protocol and enable holders to participate in multiple reward-generating activities including AMM mining, referral mining, and liquidity mining.

Core components of PlotX, like governance and staking, are built directly on Ethereum, with smart contracts driving instant, on-chain settlement, and rewards distribution. Market creation, participation, and settlement are shifting to an L2 solution for greater speed to accommodate the platform’s hallmark shorter market cycles and reduce gas costs for users.

The launch of PLOT trading on the BitMax platform is the first step in a long-term strategic partnership between PlotX and BitMax. The exchange will support PLOT staking, with a high-yield pre-staking program scheduled for Q4’2020. This listing will open up the PlotX protocol to BitMax.io users while giving PLOT holders additional means to utilize their tokens.

About BitMax.io 

Launched in August 2018, BitMax.io is a leading digital asset trading platform with a broad range of financial products and services for both retail and institutional clients, with robust design ranging from innovative volatility products to margin trading, derivatives trading, staking products, and other investment solutions.

For more information and updates, please visit:

Website: https://bitmax.io
Twitter: https://twitter.com/BitMax_Official
Telegram: https://t.me/BitMaxioEnglishOfficial
Medium: https://medium.com/bitmax-io

About PlotX

PlotX is a live, non-custodial prediction market protocol that enables users to earn rewards on high-yield prediction markets. Dubbed as the Uniswap of Prediction Markets, PlotX uses an Automated Market Making algorithm to create, settle markets and distribute rewards on the Ethereum Blockchain without any counter-party risk. Markets are focused on crypto-pairs like BTC, ETH, YFI, etc and are automatically created in intervals of 1 hour, 1 day, and 1 week.

For more information, please visit:

Website: https://plotx.io
Twitter: https://twitter.com/TryPlotX
Telegram: https://t.me/plotx_official
Medium: https://medium.com/plotx

Featured image from Investopedia

A popular crypto-trading SaaS solution, deepTradeBot.com, has announced a major update for Affiliate program statistics monitoring. This update allows using the extended affiliate statistic data for better control of your partnership structure.

From today 2 new blocks in the Affiliate section of the Dashboard can be found:

Partnership statistics

Allows to monitor the total number of affiliates, see how many of them are not active, check your reward amounts in any currency, and check the current trade balance of all your affiliates in any currency.

Trade balance column

New column in the partnership list. With it, you can monitor each of your partners’ accounts separately and see how much funds does your partner keeps on his accounts.

The company pays attention that these statistics are not in real-time: because of the large number of traders on the platform the statistics come with a delay of approximately 1 hour.

The company CEO Jim Stokes emphasizes: "During the last months we have been focusing mainly on the Club development. But this update is implemented especially for our partners who’re using the general partnership program opportunities to build their affiliate structures. We’re trying to make the cooperation experience more and more comfortable for every single client either a trader or an affiliate partner or a club member. 

About deepTradeBot: deepTradeBot.com is a trading robot that makes a profit from the margin of digital asset prices, on various trading platforms, making the maximum from the slightest changes in the world market. The platform provides its bot rental services to anyone interested. 

Backed by Kronos Research, Wootrade is a layer one trading infrastructure with a graphical interface that can integrate with any exchange, trading desk, wallet, dApp, or another trading-related platform. The native token, WOO, can be used as access to the network through staking or as the payment or collateral for advanced trading and investment products.

The Wootrade network was conceived and incubated by the founders of Kronos Research, one of the largest quantitative firms in the industry. With deep liquidity provided by Kronos's roster of institutional traders and market makers, Wootrade is designed to be a solution to the lack of platforms capable of handling daily trade volume in excess of $2 billion.

BitMax.io will also join Wootrade’s B2B Zealous Rhinos staking program. This strategic integration will allow BitMax to enjoy reduced, zero, or even negative fees on trades by staking WOO.

Unlike other proprietary trading platforms, Wootrade is designed to be a platform-agnostic network that connects liquidity from multiple exchanges and institutions. Wootrade is able to leverage these integrations to provide potentially the tightest spreads and best depth for traders using the network. Wootrade clients, like exchanges and DeFi platforms, are also able to enjoy zero-fee trading.

As a follow-up to the launch on BitMax, Wootrade will introduce several new network features in early 2021. Woo X, a trading GUI for professionals, is planned for Q1'21 to make advanced trading methods more accessible. The first quarter of 2021 will also see the launch of retail staking, providing further utility for the WOO token. Wootrade Futures and Margin Trading are planned for Q2'21.

“We're excited to list WOO on BitMax.io; it will be beneficial for both BitMax.io users and users of the Wootrade network," said Shane Molidor, Global Head of Business Development at BitMax.io. “Wootrade offers a new, efficient way to management strategies that will resonate with traders. This listing collaboration gives BitMax.io users access to Wootrade through the WOO token, and at the same time, provides Wootrade users with additional methods to further invest in the platform."

About BitMax.io

Launched in August 2018, BitMax.io is a leading digital asset trading platform with a broad range of financial products and services for both retail and institutional clients, with robust design ranging from innovative volatility products to margin trading, derivatives trading, staking products, and other investment solutions.

For more information and updates, please visit:

Website: https://bitmax.io
Twitter: https://twitter.com/BitMax_Official
Telegram: https://t.me/BitMaxioEnglishOfficial
Medium: https://medium.com/bitmax-io

About Wootrade

Wootrade is the combined effort of the top quantitative traders and technologists in crypto and allows for superior execution through intelligent risk management and order routing. Their solutions resolve liquidity issues faced by both centralized and decentralized trading venues while allowing for community-based governance.

For more information and updates, please visit:

Website: https://woo.network/
Twitter: https://twitter.com/wootraderS
Telegram: https://t.me/wootrade
Medium: https://medium.com/wootrade

Bonded Finance is a smart contract-driven lending platform with a unique risk restructuring mechanism that allows for selected altcoins to be used as investment-grade lending assets or collateral instruments. Bonded’s algorithmic model intends to unlock, aggregate, and de-risk approximately $50 billion in untapped digital assets.

The platform takes aim at a key inefficiency in the cryptocurrency market: billions of dollars in underserved capital spread across hundreds of exchanges and thousands of tokens. Bonded offers a means to consolidate this fragmented value in a mutually beneficial way for projects and token holders—give users access to capital, residual earning capabilities, and a wider range of de-risked investment opportunities for tokens with traditionally less liquidity while augmenting the value proposition of participating projects.

BOND is a hybrid governance and staking rewards token utilized across the Bonded network of products, where users can earn fees and tokens via the liquidity and staking protocols. In course, the Bond token will be used to further secure collateral and incentivize activity on the network. Within the lending framework, it can mitigate interest costs, support underlying assets, collectively represent pooled assets, and help enhancing returns. The token utility will evolve to become a robust, inherent part of the network before it transitions to a governance mechanism presided over by stakeholders and an active community.

The Bonded platform will initially support four core financial products. The first product Ionic Lending is planned to launch before the end of January 2021, followed shortly thereafter by the Bonded Index with Bonded’s Line of Credit Index and synthetic bETH going live by the end of Q1’21.

About BitMax.io

Launched in August 2018, BitMax.io is a leading digital asset trading platform with a broad range of financial products and services for both retail and institutional clients, with robust design ranging from innovative volatility products to margin trading, derivatives trading, staking products, and other investment solutions.

For more information and updates, please visit:

Website: https://bitmax.io
Twitter: https://twitter.com/BitMax_Official
Telegram: https://t.me/BitMaxioEnglishOfficial
Medium: https://medium.com/bitmax-io

About Bonded Finance

Bonded Finance is a team of finance and blockchain professionals building algorithmic smart instruments and decentralized financial products that support the altcoin space. The Bonded platform was created to incubate and deploy experimental, high-yield, smart-contract driven, financial instruments that push the bounds of open finance in an effort to serve as a stabilizing influence on the overall cryptocurrency market.

For more information and updates, please visit:

Website: https://www.bonded.finance/
Twitter: https://twitter.com/bondedfinance
Telegram: https://t.me/bondedfinance
Medium: https://medium.com/@bondedfinance

Bonfida provides the full product suite that bridges the gap between Serum, Solana, and the growing userbase actively trading on the Serum DEX. Building on the flagship Serum GUI, the platform brings the first Solana data analytics to the ecosystem, aiming to make Bonfida a one-stop solution to replicate prominent players in the Ethereum DeFi ecosystem. The Bonfida API is currently utilized by some of the largest market makers in the cryptocurrency industry and has experienced impressive growth with over a 25%, week-over-week increase in usage

FIDA, the native token of Bonfida, is anticipated to have a broad spectrum of utility on the platform. An estimated 95% of the net fees on Bonfida will be governed with the FIDA token which could also be used for token buy & burn initiatives, similar to other exchange tokens such as BNB, FTT, and HT. FIDA will also be used transactionally for access to the platform’s VIP API, trading bots, and other consulting services.

Bonfida will conduct public sales through BitMax, FTX, and Serum on December 17th. The last public sale collaboration between BitMax and FTX occurred in August when the two platforms facilitated a joint sale of Serum (SRM) which then saw price performance in excess of 1,500% within the first 12 hours of listing.

The Bonfida team brings together veterans from FTX. The project is backed by industry-leading institutions including Alameda Research, CMS Holdings, Three Arrows Capital, Spartan Group, FBG Capital, Sino Global, Koinbros, and the Primordial Group.

About BitMax.io

Launched in August 2018, BitMax.io is a leading digital asset trading platform with a broad range of financial products and services for both retail and institutional clients, with robust design ranging from innovative volatility products to margin trading, derivatives trading, staking products, and other investment solutions.

For more information and updates, please visit:

Website: https://bitmax.io
Twitter: https://twitter.com/BitMax_Official
Telegram: https://t.me/BitMaxioEnglishOfficial
Medium: https://medium.com/bitmax-io

About Bonfida

Bonfida is the full product suite that bridges the gap between Serum, Solana, and the growing userbase actively trading on the Serum DEX. As a flagship Serum GUI, the platform brings the first Solana data analytics to the ecosystem, aiming to make Bonfida a one-stop solution to replicate prominent players in the Ethereum DeFi ecosystem.

For more information and updates, please visit:
Website: https://bonfida.com
Twitter: https://twitter.com/bonfida
Telegram: https://t.me/bonfidatg
Discord: https://discord.gg/B4xzATxQHC

YIELD, a FinTech company licensed and regulated by Mwali International Services Authority, offers Defi-based banking services and high-yield investment solutions using crypto or traditional currencies with an objective to make the full potential of Defi accessible to everyone. Leveraging their intuitive app and web platform, users worldwide can start earning up to 20% APY without experiencing a lengthy, complex, and costly learning process.

On the backend, YIELD’s team is constantly evaluating the profitable market-neutral strategies such as liquidity mining, arbitrage, margin, and collateralized lending. The highly sophisticated risk management process will also help investors realize portfolio diversification within a trusted environment.

At the core of YIELD's strategy is the YLD utility token, which allows users to considerably boost their APYand support the ecosystem. While YIELD offers a minimum APY of 12%, users will be able to boost it to 20% by holding YLD on the platform by signing up for the Loyalty & Rewards program.

YIELD’s team brings together veterans from investment banking, blockchain, and cybersecurity with core members from fintech payment providers like Paxful and Wirex. The team is backed by leading blockchain investment institutions, including Alphabit Fund, Digital Strategies, and PALcapital. 

About BitMax.io 

Launched in August 2018, BitMax.io is a leading digital asset trading platform with a broad range of financial products and services for both retail and institutional clients, with robust design ranging from innovative volatility products to margin trading, derivatives trading, staking products, and other investment solutions.

For more information and updates, please visit:

Website: https://bitmax.io
Twitter: https://twitter.com/BitMax_Official
Telegram: https://t.me/BitMaxioEnglishOfficial
Medium: https://medium.com/bitmax-io

About Yield App

Yield is a Mwali licensed and regulated FinTech company that provides an innovative platform to bridge the gap between traditional and decentralized finance. The YLD utility token allows users to boost their APY, earn interest, and support YIELD’s ecosystem.

For more information and updates, please visit:

Website: https://www.yield.app
Twitter: https://twitter.com/yieldapp
Telegram: https://t.me/yieldapp
Reddit: https://www.reddit.com/r/Yield_App/

Cudos is a global computing network providing a trusted multi-chain layer-two oracle to power decentralized finance (DeFi). The platform connects blockchain developers with off-chain data and external APIs, increasing the scale with over 20,000 global nodes while reducing the cost of computation. Its CUDOS token is the native utility token for staking and earning discounts within the Cudos network.

Cudos aims to create a global computing marketplace where developers, gamers, and service providers can benefit through smart contracts and cost-effective cloud services. With computing support running in WASM, EVM, Docker, or VM environments, the platform is currently generating revenue with user adoption across 145 countries. Cudos is on track to exceed 1 million nodes in 2021.

The Cudos team brings together serial technology entrepreneurs, engineers, data scientists, and strategists with world-class advisors from Sony Playstation and AMD. Backed by leading institutions, including Moonwhale.io and Outlier Ventures, the team has successfully built one of the UK’s largest cloud and backbone networks, and the platform is on track to achieve its vision of making better use of the world’s computing power.

About BitMax.io 

Launched in August 2018, BitMax.io is a leading digital asset trading platform with a broad range of financial products and services for both retail and institutional clients, with robust design ranging from innovative volatility products to margin trading, derivatives trading, staking products, and other investment solutions.

For more information and updates, please visit:

Website: https://bitmax.io
Twitter: https://twitter.com/BitMax_Official
Telegram: https://t.me/BitMaxioEnglishOfficial
Medium: https://medium.com/bitmax-io

About Cudos

Cudos is a decentralized computing network providing a trusted multi-chain layer-two oracle. The platform connects blockchain developers with off-chain data and external APIs, increasing the scalability of blockchains while reducing the cost of computation. Its CUDOS token is the native utility token for staking and earning discounts within the Cudos network.

For more information and updates, please visit:

Website: https://www.cudos.org
Twitter: https://twitter.com/CUDOS_
Telegram: https://t.me/cudostelegram
Medium: https://medium.com/cudos

Maps.me aims to be the ultimate travel companion, offering online and offline maps while alongside decentralized financial services. With a userbase of over 100 million, the platform provides a wallet-oriented ecosystem providing payment services, accommodation booking services, fund transfers, and asset management with a particular emphasis on travel. Additionally, Maps.me will build its DeFi functionalities on the fast and scalable Solana blockchain and the liquid Serum DEX, positioning the platform well for widespread adoption.

MAPS, the native token of Maps.me, is anticipated to have a broad spectrum of utility on the platform. Token holders will benefit from personalized rewards, discounts, loyalty programs, and governance initiatives. Furthermore, token holders will also benefit from 100% of the net revenues generated by Maps.me. Businesses will be incentivized to collaborate with the MAPS ecosystem via innovative reward schemas, thus creating a virtuous feedback loop among users, businesses, and the platform’s token economic structure.

Maps.me will conduct public sales through BitMax, FTX, and Serum on January 26th. The last public sale collaboration between BitMax and FTX occurred in December when the two platforms facilitated a joint sale of Bonfida (FIDA) with subsequent price performance in excess of 1,000% within the first 10 mins of listing.

The Maps.me team brings together veterans from blockchain, corporate governance, and investment banking industries, with core members coming from top-notch companies like Goldman Sachs. The project is backed by industry-leading institutions including Alameda Research, Genesis Capital, and CMS Holdings, and is on track to add a multi-currency wallet with DeFi yield soon.

About BitMax.io 

Launched in August 2018, BitMax.io is a leading digital asset trading platform with a broad range of financial products and services for both retail and institutional clients, with robust design ranging from innovative volatility products to margin trading, derivatives trading, staking products, and other investment solutions.

For more information and updates, please visit:

Website: https://bitmax.io
Twitter: https://twitter.com/BitMax_Official
Telegram: https://t.me/BitMaxioEnglishOfficial
Medium: https://medium.com/bitmax-io

About Maps.me

Maps.me aims to be the ultimate travel companion by bringing together online and offline maps with decentralized financial services. The platform hosts a wallet-oriented ecosystem that users can leverage throughout their entire travel experience. Holders of MAPS, the platform’s native utility token, will also benefit from 100% of the net revenues generated by Maps.me.

For more information and updates, please visit:

Website: https://maps.me
Token Page: https://maps.me/token
Twitter: https://twitter.com/maps_me/
Facebook: https://www.facebook.com/MapsWithMe/
Instagram: https://www.instagram.com/maps.me/

Router Protocol aims to build an infrastructure layer to aggregate liquidity across multiple chains. As opposed to Moonbeam and EdgeWare, smart contract platforms built on Polkadot, Router Protocol is dedicated to expanding the ecosystem to connect non-Polka blockchains like Matic, Bitcoin, Ethereum, etc. Its ROUTE token can be used as gas fees within the ecosystem and rewards for staking their liquidity provider (LP) tokens.

Router Protocol has built an Ethereum Layer 2 AMM on Matic Network that supports gasless transactions. The team is also working on cross-chain frictionless liquidity migration. Soon, the project will be expanded to other layers 1 and layer 2 blockchains. Leveraging Parity Substrate, a blockchain infrastructure that supports EVM, Router Protocol is intended to operate seamlessly on Polkadot or Kusama in the near future.

The Router Protocol team brings together veterans from traditional finance, blockchain, and energy trading industries with core members from top institutions, including Moody, Infosys, and Schlumberger. As a group of crypto enthusiasts since 2014, the team has successfully collaborated on developing the world’s first stablecoin DEX based on 0x Protocol. Router Protocol is on track to launch a multichain farming on Ethereum, Matic, BSC, and Xdai soon.

About BitMax.io 

Launched in August 2018, BitMax.io is a leading digital asset trading platform with a broad range of financial products and services for both retail and institutional clients, with robust design ranging from innovative volatility products to margin trading, derivatives trading, staking products, and other investment solutions.

For more information and updates, please visit:

Website: https://bitmax.io
Twitter: https://twitter.com/BitMax_Official
Telegram: https://t.me/BitMaxioEnglishOfficial
Medium: https://medium.com/bitmax-io

About Router Protocol

Router Protocol aims to build an infrastructure layer to aggregate liquidity across multiple chains. As opposed to Moonbeam and EdgeWare, smart contract platforms built on Polkadot, Router Protocol is dedicated to expanding the ecosystem to connect non-Polka blockchains. Its ROUTE token can be used as gas fees within the ecosystem and rewards for staking their liquidity provider (LP) tokens.

For more information and updates, please visit:

Website: https://www.routerprotocol.com/
Twitter: https://twitter.com/routerprotocol  
Medium: https://routerprotocol.medium.com/
Telegram: https://t.me/routerprotocol

Nord Finance is an advanced decentralized financial ecosystem that simplifies products by highlighting traditional finance's key attributes. Deployed on the Ethereum network, it integrates multi-chain interoperability, thus proposing a plethora of financial primitives, which constitute savings, advisory, loans against assets, investment/funds management, and swaps.

NORD, the native token of Nord Finance, can be used for voting, staking, and employing yield farming strategies across DeFi platforms. Users will be able to mine NORD token via its liquidity miming program or purchase NORD on centralized and decentralized exchanges.

Nord Finance aims to provide an integrated solution for users to manage DeFi investments with goal-oriented approach. Its recent partnership with Zokyo also focuses on completing a comprehensive security audit to fully prepare for the upcoming product launch of stablecoin yield farming.

The Nord Finance team brings together a group of technology entrepreneurs, analysts, and engineers with broad-based exposure to blockchain projects. Backed by industry-leading institutions including Amesten Capital, Etienne vantKruys, Amplifi Capital, Blackdragon, and X21 Digital, the project is on track to launch Nord Savings V1 on the Ethereum network in Q1 2021. Savings V2 will be extended to Binance Chain, Matic, Tezos, and Polkadot soon after that.

About BitMax.io 

Launched in August 2018, BitMax.io is a leading digital asset trading platform with a broad range of financial products and services for both retail and institutional clients, with robust and innovative design ranging from cash and margin trading, derivatives trading, staking products, to other investment solutions.

For more information and updates, please visit:

Website: https://bitmax.io/
Twitter: https://twitter.com/BitMax_Official
Telegram: https://t.me/BitMaxioEnglishOfficial
Medium: https://medium.com/bitmax-io

About Nord Finance

Nord Finance is an advanced decentralized financial ecosystem that simplifies products by highlighting traditional finance's key attributes. Deployed on the Ethereum Network, it integrates multi-chain interoperability, thus proposing a plethora of financial primitives, which constitute savings, advisory, loans against assets, investment/funds management, and swaps.

For more information and updates, please visit:

Website: https://nordfinance.io/
Twitter: https://twitter.com/Nord_Finance
Medium: https://nordfinance.medium.com/
Telegram: https://t.me/NordFinance

Seascape Network aims to create an innovative game platform centered around the emerging DeFi and NFT economy. By avoiding the hassle of high gaming costs on the blockchain, Seascape Network is dedicated to providing an incentivized ecosystem with easy-to-use DeFi toolsets that can potentially lead to mass adoption. Its Play to Earn experimental monetization concept provides dual incentives for users to play games for leisure and other monetary goals.

Crowns (CWS) is the lifeblood of the Seascape Network. The Crowns token is designed to reward users within the network for purchasing game services, creating PCC (player-created coins), and trading Seascape NFTs. CWS holders will also be able to stake in Seascape DeFi to earn competitive yields.

The Seascape Network team brings together a group of veterans from Yoozoo Interactive, Forgame, and Moonton to introduce game products to both Western and Asian demographics. Seascape Network is on track to debut its DeFi-powered minigame - Profit Circus during the first quarter of 2021. The team is backed by leading institutions, including Binance, Spark Digital Capital, and LD Capital.

About BitMax.io 

Launched in August 2018, BitMax.io is a leading digital asset trading platform with a broad range of financial products and services for both retail and institutional clients, with robust and innovative design ranging from cash and margin trading, derivatives trading, staking products, to other investment solutions.

For more information and updates, please visit:

Website: https://bitmax.io
Twitter: https://twitter.com/BitMax_Official
Telegram: https://t.me/BitMaxioEnglishOfficial
Medium: https://medium.com/bitmax-io

About Seascape Network

Seascape Network aims to create an innovative game platform centered around the DeFi and NFT economy. By removing the hassle of high gaming costs on Blockchain, Seascape Network is dedicated to providing an incentivized ecosystem with easy-to-use DeFi toolsets that can lead to mass adoption. Crowns (CWS) is the lifeblood of the Seascape Network. It is designed to reward users for purchasing, staking, and trading Seascape NFTs.

For more information and updates, please visit:

Website: https://www.seascape.network/
Twitter: https://twitter.com/seascapenetwork
Medium: https://medium.com/seascape-network
Telegram: https://t.me/seascapenetwork

Solana is a single-chain, Proof-of-Stake protocol whose focus is on delivering scalability without sacrificing decentralization or security. Solana can currently handle 50,000 TPS with single transaction costs as low as $0.00001.

The Solana Program Library (SPL) is a collection of on-chain programs targeting the Sealevel parallel runtime. These programs are tested against Solana's implementation of Sealevel, solana-runtime, and are deployed to its mainnet. As others implement Sealevel, Solana will accept patches to ensure the programs are portable across all implementations.

Increasing numbers of projects are migrating to Solana. For now, there are more than 120 projects using Solana.  These projects range from unique wallet solutions, decentralized exchanges, lending protocols, staking platforms, digital games, storage solutions, and more.

Core to Solana’s scaling solution is a decentralized Proof-of-History (PoH), built to solve time in distributed networks where there is no single, trusted source of time. By using verifiable delay functions, PoH allows individual nodes to generate timestamps with SHA256 computations locally. This eliminates the need for broadcasting timestamps across the network, improving overall network efficiency.

By combining these core innovations, Solana enables developers to deploy apps that are easily composable and unstoppable. Leading crypto projects are now leveraging Solana’s speed and ultra-low fees in order to scale to billions of users and devices globally.

About AscendEX

Originally founded in 2018 as BitMax.io, AscendEx is a leading digital asset financial platform catering to both professional and retail traders. Our venue offers spot, futures, margin trading and staking products and incorporates key elements from the DeFi space to foster a unique market structure for users. AscendEx is led by a team of Wall Street veterans who have applied traditional markets’ rigor to create a robust, secure, and reliable experience for all participants, and a consistent source of liquidity for primary offerings.

For more information and updates, please visit:

Website: https://ascendex.com
Twitter: https://twitter.com/AscendEX_Global
Telegram: https://t.me/AscendEXEnglish
Medium: https://medium.com/ascendex

About Solana

Solana is a single-chain, Proof-of-Stake protocol whose focus is on delivering scalability without sacrificing decentralization or security. Since its inception, the Solana team — comprised of pioneering technologists from Qualcomm, Intel, Netscape, and Google—has focused on building the tech required for Solana to function with groundbreaking performance standards.

For more information and updates, please visit:

Website: https://solana.com/
Twitter: https://twitter.com/solana
Telegram: https://t.me/solanaio
Medium: https://medium.com/solana-labs

CoinBene has obtained MSB financial license in the United States and MAS financial license in Singapore, with more than 100,000 daily users and daily transaction volume reaching USD 3 billion. In terms of ranking, CoinBene has become one of the first-tier exchanges.

According to relevant data, there are over 5 million registered users on CoinBene platform at present. The number of daily active users exceeds 100,000; The peak daily activity of the contract exceeds 15,000.  The daily transaction volume exceeds 3 billion USDT.  The peak value of contract transactions exceeded USDT 2 billion.

For the exchange, the larger the number of users, the more likely it is to have security problems. Under the background of frequent crash down and hacking in major exchanges, CoinBene has been running smoothly, and there has never been a safety accident.

Moreover, in order to better protect users' assets, CoinBene has successively introduced payment mechanism and contract insurance. There is any platform safety accident, crash down, etc. on CoinBene platform. The platform will compensate in full. After users purchase contract insurance, liquidation can get claims.

CoinBene with a double insurance mechanism is very reliable for users, especially inexperienced users.

CoinBene contract trading is growing rapidly after being launched. The number of daily active users of the contract has increased 202% year-on-year, and nearly 13,000 new users were registered in November. To address the security issues of the contract, CoinBene recently launched a number of measures, firstly, it launched the "guarantee to pay compensations" mechanism, and then on August 10, CoinBene launched the "contract insurance" function. The successive security initiatives are intended to give users multiple layers of protection for their positions, allowing all users to trade with peace of mind at CoinBene, regardless of the market's ups and downs.

Double compensations, no fear of fluctuations

The contract market fluctuates frequently. On March 12, BTC plummeted from $7,000 to $3,800, and that night, long position liquidation was more than $5 billion. According to the data, on March 16, the contract market liquidation totaled $480 million, long position liquidation $303 million, short position liquidation $177 million.

CoinBene has been focusing on product security research and development since 2017, with 5 stars in Anchain and Bitforest professional penetration test reports. In the "March 12" incident, CoinBene did not crash down at all, avoiding unnecessary losses for users.

Based on the confidence in its own technology and responsibility to users, CoinBene has launched guarantee to pay compensations for all platform incidents during the trading process.

In addition to protecting users' assets from the technical perspective of the platform, CoinBene has launched the "contract insurance" function in order to reduce the losses caused by users' liquidation.

CoinBene's contract insurance adopts the "double compensation" mechanism, and once liquidation occurs, it will be reviewed within 24 hours. After passing the review, the compensation will be paid on the next day.

The k line is unpredictable, no matter if people are masters or novices, there are always times when they can't see the market or judge the trend, after purchasing the contract insurance, no matter how unpredictable the market is, it can protect positions from losses.

CoinBene intends to enhance the security of contracts through "guarantee to pay compensations" and "contract insurance". No matter how the market fluctuates, users can open positions at any time in CoinBene without fear of fluctuations, security is guaranteed and liquidation is paid. 

Easy to operate, stable profit

CoinBene's contract insurance uses the "double compensation" mechanism, users only need to open a position at the same time to buy insurance, in case of market fluctuation liquidation, the platform will double the compensation. Users can get both the principal and the money purchased insurance, equivalent to capital preservation, to ensure that the steady income is not lost.

That is, if the insurance ratio purchased 100%, after the liquidation, a loss of $10. Then the user can get a $20 compensation, minus the $10 for buying insurance, the user gets back exactly $10 as principal.

CoinBene, established in 2017, has accumulated strong strength through three years of operation, and has set up a "10 million insurance fund" to ensure that all compensations are completed on time. The insurance fund exists independently of CoinBene and operates under the same logic as the traditional insurance industry, with the fund only used to pay out platform claims.

CoinBene has obtained MAS financial payment license in Singapore and MSB financial license in the U.S. Based on the global ecological layout, it has set up sub-stations in 9 countries around the world.

After CoinBene launched the contract, the data continued to grow - the average daily active trading users of the contract grew 200%, and the trading volume grew 47%. nearly 13,000 new registered users were added in November, and the contract trading volume exceeded 257.1 billion.

With the growth of users, user demand is gradually increasing. CoinBene has launched a number of contract support functions: a simple version of the contract for novice users, a one-click order follow-up for contract newcomers to increase their profits, and the recent security mechanism - guarantee to pay compensations mechanism and contract insurance ......

All features, mechanisms, are designed to enhance the user's trading experience, regardless of the ups and downs of the market, so that all users can trade with peace of mind in CoinBene, which is the original aspiration of CoinBene, which has been available for three years

Not so long ago, mass media spread the news of how an ordinary 35-year-old woman named Sarinya, a saleswoman of bags and small accessories, engaged in Forex trading, could increase her capital by 70 times in just one (!) month!

Indeed, financial markets offer just ordinary people unique, sometimes stunning opportunities, if only one has tenacity and desire. That is why the online trading of currencies and cryptocurrencies is becoming more popular throughout Southeast Asia, and the Philippines is no exception. 

Just ten years ago, the number of Filipino traders could be counted on the fingers, but today they are tens and hundreds of thousands. The country regularly hosts large specialized exhibitions and seminars, one of the main participants and organizers of which is the international brokerage company NordFX.

Over the past few years, seminars aimed at studying trading in the foreign exchange, stock, and cryptocurrency markets have been held in cities such as Davao, Tagum, Panabo, and General Santos, bringing together hundreds of participants, including both beginners and experienced traders. 

"Manila, Bukidnon, Cavite, Baguio, Laguna, Batangas, Cebu are just some of the places where seminars are also held and will be held," the organizers say. "Our task is not just to acquaint the Forex community of the Philippines with the opportunities and advantages offered by the brokerage company NordFX. The main thing is that the participants of the seminars receive the knowledge, thanks to which their trade will become more successful and profitable. " (By the way, Ms. Sarinya earned her 7000% profit with the help of NordFX). 

To date, clients from 190 countries have opened more than 1.500.000 trading accounts with NordFX, most of which belong to traders from Southeast Asia, who have already appreciated the uniqueness and quality of the services that this broker provides them.

“The main mission of our company,” says John Gordon, currency strategist at NordFX, “is to make trading in the financial markets affordable and profitable for the wider population. That is why we constantly monitor the capabilities of our customers, creating the most comfortable trading conditions for them. We understand that most people living in Southeast Asia can hardly be attributed to the rich strata of the population, so you can open an account with us with only $10. And, for example, you can make a trade of 1 bitcoin, with its current price of $10,000, with only $150 in your account. Considering that the minimum transaction volume at NordFX is 0.01 bitcoin, you can become a crypto investor by investing only one and a half dollars!"

In addition to cryptocurrencies, the company's clients can also sell and buy oil, gold, silver, shares of the world's largest companies, and currencies of various countries. And, for example, for transactions with currencies, NordFX will instantly and without any collateral provide you with a loan that is 1000 times higher than your own capital. Thus, with only $10 in your account, you will be able to make transactions in the amount of $10,000. If your deposit is $1000, then the volume of your financial transactions can reach a fantastic figure of one million dollars!

It is natural that such unique opportunities could not go unnoticed and were highly appreciated by the professional community. NordFX has won awards such as the Best Forex Broker Asia 2013, 2015, 2018 and 2019, as well as the Best Crypto Broker Asia 2017.

But in addition to trading conditions, the safety of clients' funds is also important. Over 10 years of work, NordFX specialists gained extensive experience in repelling hacker attacks. And, unlike all sorts of crypto exchanges, there has been no hacking and no single penny has been lost from the clients' funds during this period. As a result, clients have received a reliable partner, and the company has received several more awards, including the Most Trusted Broker - 2016 and 2017. (The Forex Awards and ShowFX World) and Most Reliable Cryptocurrency Broker - 2018. (Global Brands Awards).

Since its launch, the platform has provided high-quality publicity and trading platform for thousands of virtual currencies, serving more than 200 million users, with a daily turnover of more than 100 million. It has obtained national compliance licenses such as MSB in Australia and the United States. It is one of the most active platforms in the virtual currency market at present.

The coinmicro platform supports BTC, LTC, ETH / USDT and other transaction pairs, opens up a free and open digital currency trading space for users, breaks the market edge of virtual currency, and can earn up to 15% interest through encrypted currency assets, so as to increase the value of your portfolio and explore more application modes of blockchain technology in the financial field.

In order to facilitate users' investment operation, coinmicro has established a professional technical team to develop the coinmicro exchange app. At present, the app has been launched. Users can easily operate through the mobile client to buy and sell currencies and buy financial products.

Making investment easier is the concept that coinmicro has always adhered to. In the complex digital money market, how to choose the right currency has always been a topic of concern for investors. However, the information provided by the traditional digital currency trading method is far from meeting the investment needs of investors, which virtually increases the investment threshold.

After years of development, coinmicro has accurately grasped the market demand point in the process of integrating market demand, gradually moved to the process of building new financial products from a simple trading platform at the beginning, began to integrate platform resources, provided platform users with reliable financial products, and maximized the use of user account resources to produce effective value, Drive the improvement of the capital value of user accounts.

At present, the coinmicro trading platform has made great development in virtual currency trading, with a huge user base and currency channels. Driven by the platform, the relevant person in charge of coinmicro channel said that in the future, it will continue to rely on the strong technical background and resource background of coinmicro to create more intimate products and services for more currency holders.

Coinmicro has made remarkable achievements in creating diversified services in recent years and has also opened a new era of virtual currency financial management. It is believed that coinmicro can bring users more high-quality service experience on the road of future development.

Official website: https://coinmicro.org/

Telegraph: https://t.me/coinmicro

What Are Forex Charts?

Forex charts are graphical illustrations of the price fluctuations of a particular currency pair within a specific time. The vertical axis shows the price, while the horizontal axis shows the time-lapse.

At zenfinex.com, you can choose these fluctuations by selecting the time frame you want to see. For instance, depending on your preferences, you can choose from minutes to months. The complexity of these charts varies from one to another. Therefore, understanding how each works will allow you to choose the most conducive for your trading needs.

Line Chart

A line chart is among the most commonly used in trading on forex. The line chart shows the price of the selected timeframe. The chart consists of a combination of various close prices, hence explaining why it forms a line. It is one of the easiest ways to represent data on forex because it does not include complex details such as low, open, or high prices for a given period. It is best when used on long-term trends.

Bar Chart

A bar chart shows the low, high, opening, and closing prices, making them more complex than line charts. The bottom part of the bar shows the lowest price for the specific period. The top part of the bar shows the highest price. The vertical bar displays the currency's trading range.

The left part of the horizontal bar indicates the opening price, while the right side shows the closing price.

Candlestick Chart

As the name suggests, this chart represents prices using sticks resembling a candle. Every candlestick indicates the price movements over the selected period. For example, if you chose a 30-minute time frame, every candle stick would show the price changes within 30 minutes. However, the candlestick on the chart's right side indicates the current prices for an incomplete period.

A green candlestick means that the currency pair increased in price during the chosen period., It shows that the currency closed at a higher price than its opening one. The red candlestick shows a price decrease, and the currency closed at a lower price than its opening one.

The candlestick is one chart that provides sufficient information about market conditions. The candlesticks show whether the sellers or buyers have control of the market. For instance, a long green stick indicates a lot of buying, while long red sticks show a lot of selling. If the candlestick has a short body, it shows pressure in a specific direction but changes course before reaching the period's end.

Mountain Chart

It is similar to the line chart but has a shaded area beneath the line. The shaded area creates the shape of a mountain, hence its name. It is also one of the easiest charts to read during a long-term trade. It does not show the open, high, and low prices of every chosen period and, therefore, is not ideal for short-term trading. It only shows the closing price, which is needed in long-term trades.

The above charts introduce the basic concept of forex trading. Now that you know how to read the charts, it's important to move to an advanced level of technical analysis. It will help you predict the prices while making real trade. Also, choose the chart which you feel works best for you.

The slogan "Your 202+3 Chances to Win in 2023" was chosen for the lottery because winners will receive 202 prizes, including three super prizes of $5000 each, in addition to smaller prizes. The total prize pool of $100,000 will be divided into three parts: $40,000 will be given away in the first and second draws, and $60,000 in the third, New Year's draw.

In 2021 and 2022, NordFX clients had already won $200,000 through the lottery, and the participation terms lottery remain the same for the 2023. To become a participant, clients simply need a NordFX Pro account (or to register and open a new account), deposit at least $200, and start trading.

Clients who trade just two lots in Forex currency pairs or gold (or four lots in silver) will receive a virtual lottery ticket. There is no limit to the number of tickets each participant can receive. The more deposits and the more actively clients trade, the more lottery tickets they will have and the greater their chances of winning a prize.

The chances of winning also depend on the date of receiving the lottery ticket. Tickets awarded from March 1 to June 30 will be entered into the first draw, tickets awarded from March 1 to September 30 will be entered into the second draw, and tickets awarded from March 1 to December 31, 2023, will be entered into the third, New Year's draw. Tickets received earlier will have a chance to participate in all three draws, which increases the probability of winning.

It's worth noting that trading experience and success do not affect a client's chances of winning. The draw is conducted with a random numbers' generator, so both professional traders and beginners have an equal chance of winning.

Each draw is conducted online and recorded, and anyone with internet access can monitor it from anywhere in the world. The correctness of ticket awards can be checked on NordFX's official website where clients can also read the detailed rules for the 2023 Lottery.

Finally, it's important to note that lottery winners receive their winnings as real money, which they can use for trading or withdraw without restrictions.

Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.

Cons:

1. Volatility: Cryptocurrencies are highly volatile and can experience sharp price swings in a short period. This can be challenging for traders to manage their risks.
2. Limited educational resources: there aren't many educational resources for crypto traders, which can make it challenging for novice traders to learn how to trade successfully.

Pros:

1. Security: NordFX ensures that all client transactions and personal information are secure by using advanced encryption technologies.
2. Diverse cryptocurrency options: NordFX offers a wide range of digital currencies for traders to choose from. This ensures that traders can easily diversify their portfolio and reduce risks.
3. Low transaction fees: NordFX charges low transaction fees, making it a cost-effective platform for traders.
4. Excellent customer support: NordFX offers 24/7 customer support to assist traders with any issues they may encounter while using the platform.
5. User-friendly interface: The platform is designed to be user-friendly and easy to navigate, even for novice traders.

How to open an account for crypto trading with NordFX?

Opening an account for crypto trading with NordFX is a straightforward process that can be completed in just a few easy steps. 

First, visit the NordFX website and click on the "Register" button. You will then be directed to a page where you will need to enter your personal details, such as your name, email address, and phone number. 

Next, select the type of account you want to open, such as a standard account or a professional account, and choose the currency you want to use for trading. 

Finally, complete the verification process by submitting the necessary documents, such as a copy of your ID and proof of address. 

Once your account is verified, you can fund your account and start trading cryptocurrencies on the NordFX platform. NordFX offers a range of deposit and withdrawal options, including bank transfers, credit cards, and e-wallets, to make it easy for traders to fund their accounts.

In conclusion, NordFX offers traders an excellent opportunity to trade cryptocurrencies, but it also comes with its fair share of risks. Traders must carefully consider the pros and cons before deciding to trade cryptocurrencies. It is crucial to have a solid trading strategy and risk management plan in place to maximize profits and minimize risks.

1. Position Trading: This is a long-term trading strategy that involves holding a currency pair for an extended period of time, usually weeks or months. The goal of position trading is to take advantage of the long-term trends in the market. Traders who use this strategy typically have a high-risk tolerance and are comfortable holding positions for an extended period of time.
2. Day Trading: This is a short-term trading strategy that involves buying and selling currency pairs within the same trading day. Day traders typically use technical analysis to identify short-term market trends and make quick trades based on those trends. This strategy is best suited for traders who have a high level of discipline and are comfortable making multiple trades per day.
3. Swing Trading: This is a medium-term trading strategy that involves holding a currency pair for a few days to a few weeks. Swing traders typically use technical analysis to identify medium-term market trends and make trades based on those trends. This strategy is best suited for traders who have a moderate risk tolerance and are comfortable holding positions for a few days.
4. Scalping: This is a short-term trading strategy that involves making multiple trades per day and holding each position for a very short period of time, usually a few minutes to a few hours. Scalpers typically use technical analysis to identify small price movements in the market and make trades based on those movements. This strategy is best suited for traders who have a high level of discipline and are comfortable making multiple trades per day.
5. Breakout Trading: This strategy involves identifying key levels of support and resistance in the market, and then making trades when the price breaks through those levels. Traders who use this strategy typically use technical analysis to identify key levels of support and resistance in the market and then make trades based on those levels. This strategy is best suited for traders who have a moderate risk tolerance and are comfortable waiting for key levels to be reached before making a trade.

When it comes to implementing these strategies effectively, there are a few key tips that traders should keep in mind. First, it's important to have a solid understanding of the market and the currency pairs you're trading. This means keeping up to date with economic and political events that may impact the market, as well as studying technical analysis techniques. Additionally, it's important to have a well-defined risk management plan in place. This means setting stop-loss and take-profit levels for each trade, and not risking more than you can afford to lose.

In conclusion, forex trading can be a profitable way to earn money, but it's also a high-risk endeavor. By using a solid trading strategy and implementing it effectively, traders can increase their chances of success in the market. The above-mentioned trading strategies are just some examples of popular strategies used by traders. It's important to keep in mind that no single strategy is perfect and it's always best to adapt your strategy to the market conditions. And don't forget to choose a reliable forex broker.

Building up a forex brokerage is tough for multiple reasons: lack of funds and resources,  market competition, regulations and compliance issues, etc. Forex brokers don't have it easy. Of all things, the deal breaker is changing customer demands. Are we telling you you shouldn't start a forex brokerage? No!

We suggest a better and faster alternative to launching your Forex business to avoid all the ruckus — White Label Forex Solutions. They will help streamline your Forex business without building it from scratch. You get the help of another broker, use its existing infrastructure, re-brand it, and sell it as your own. Hence, they can take care of half of the problems.

Selecting a white-label forex solution is the difficult part, however. What should you look out for when choosing the best White-label forex provider? In this article, we will do that, but first, let's talk about how this solution can benefit you and how it can't.

Advantages of Using Forex White-label Solutions

• Cost Effectiveness and Flexibility: A white-label solution can fit your budget if you want to launch your Forex business without spending too much money. Since you will use pre-built solutions, you can save on development costs and allocate resources more efficiently.
  If you fear losing your brand's voice by doing so, rest assured your broker will have all the rights to customize features according to your brand's needs. So, you would still provide your target audience with a meaningful trading experience.

• Expert Advice and Guidance: Although white-label solutions can sound like a foreign concept, these solutions have existed for a long time and come with expert guidance and advice. So,  you don't put a wrong foot in the market.  These experts will guide you through everything. All you have to do is ask the right questions. Moreover, this would be so much better than starting all alone, and you would save plenty of time and money.

• Easy to Use: Building everything from scratch will take a lot of work. You will be stuck, handling multiple tasks, desperate to raise funds. With Forex white-label solutions, you can put all this behind you. And you can focus on one thing: managing your white-label solutions.
  And they are easy to operate because of their simple user interface. Good thing? You don't need to have any technical knowledge. And in case you get stuck, the customer support team will guide you properly.
  
  
• Higher Security: Reputable white-label solution providers offer secure and reliable platforms. This ensures the safety of client funds and data, instilling trust and confidence in platform traders. Implementing a white-label solution saves considerable time and effort compared to developing a platform from scratch. This accelerated process allows brokers to launch their forex businesses quickly and efficiently.

• Reduced Legal Obligations and Plenty of Market Opportunities: White-label solutions assist brokers in navigating the legal obligations necessary to operate in the forex market. The provider takes care of compliance and regulatory requirements, relieving brokers of the burden of legal complexities.
  With a competent white-label solution provider by their side, brokers have the opportunity to gain a significant market share and effectively compete in the competitive forex industry. This support can give brokers a competitive edge and help them thrive in the market.
• Access to Backing and Support: White-label solutions often come with backing and support from the provider. This support is particularly beneficial for new brokers entering the forex industry, providing them with the guidance and resources needed for success.

Disadvantages of White Label Forex Solution

Let's look at some of the disadvantages of white-label forex solutions.

• Dependency Factor
  One of the main disadvantages of white-label solutions is that they depend on the white-label provider for their services. This could be a problem, as you might depend on the white-label forex broker for maintenance and updates.
  Moreover, white-label solutions may have limitations in terms of scalability, especially if the broker experiences significant growth or wants to expand their services.
• Lack of Differentiation
  White-label solutions often provide their services to multiple clients. And if you and your competitors outsource services from the same place, how will you stand out in the market? You can avoid this by customizing your features or picking up a white-label forex broker that is not helping out your direct competitors.

• Limited Control over Pricing and Service Interruptions
  White-label solutions may restrict brokers' control over pricing. That's because they often have to adhere to the pricing structure set by the provider. Brokers who use white-label solutions are also vulnerable to service interruptions if their service provider experiences technical difficulties or downtime.
• Dependency on Provider's Reputation
  The reputation and credibility of the white-label solution provider can directly impact the broker's reputation. If the provider faces any issues or negative publicity, it can also reflect poorly on the broker.

Criteria for Choosing the Best Forex White Label Provider

Now that you know the pros and cons of a White-label Forex provider, it is time to decide what to look for when choosing your White-label forex provider. If you've read the article now, you might have a fair idea of what to look for in a white-label provider and what to avoid. Here's a brief for you:

When selecting a Forex White-label provider, you should consider several factors. The number one factor that should grab your attention is regulation. Deal only with a White-label forex broker with a good name in the market. The existing customers of the provider will be proof of it. You can talk with them and do some research on your own.

Although White-label forex solutions are simpler, you should still look for a service that offers expert support and guidance because you don't want to be stuck using a feature you can't wrap your head around. The experts will answer all your questions. Therefore, inquire with the team and have end-to-end discussions.

Additionally, leverage the potential for enhanced branding options that White-label solutions provide. Such a provider will allow you to focus freely on building your brand and nurturing valuable client relationships. Meanwhile, do not compromise on safety and compliance.

As your business grows, you will think about scalability. So, come prepared and see the bigger picture when choosing your provider, even if this thought is not at your forefront now. A reliable white-label forex provider will support your growth and expansion plans.

Try to stand out from the rest of the competition by partnering with a provider that offers unique features and innovative offerings to thrive in a competitive market. Financial aspects should also align with your business model, making evaluating the provider's pricing structure crucial. Additionally, assess the platform's functionality. Test the various trading tools and calculators from a trader's perspective and see how your target audience can benefit from them.

Lastly, stay attuned to your target audience's needs and preferences. Talk with them through social media channels or meet-ups. Stay updated with their requirements and always welcome feedback. If you consider all these essential elements, you can make a well-informed decision that sets your brokerage on the path to success.

Wrapping Up

Starting a brokerage from scratch can be a daunting task, with numerous challenges along the way. However, Forex White Label Solutions offers new brokers a better and faster alternative to streamline their businesses. How?  Forex White-label solutions allow you to partner with established brands and utilise existing infrastructure.  But this is where the game changes - you can rebrand and offer those services under your brand name. This way, you save yourself from the complexities of starting from scratch.

From cost-effectiveness and flexibility to expert guidance and easy operation, a reliable forex broker can help you in many ways. However, there is also a dependency factor which can halt your business in challenging times.

Despite all this, a White Label forex solution can help you take your business on a sharp flight.  When selecting the best Forex White Label Provider, check all the factors discussed in this article. And do not hasten with your research, as this is the step towards launching your forex business.

The US Dollar Index, or DXY, isn't just some abstract financial term tucked away in the dusty ledgers of Wall Street. It's the heartbeat of the world economy, pulsing and driving the flows of global capital. In layman's terms, it's the barometer of the U.S. dollar's value relative to a basket of other major currencies. Let's embark on a whirlwind tour, an intriguing journey through the twists and turns of how this economic powerhouse shapes everything from your morning coffee's price to entire nations' fiscal strategies.

Historical Background of the U.S. Dollar Index

Origin and Development

The Dollar Index's story begins in 1973, a time of bell-bottoms and economic evolution. It emerged as a critical response to decoupling from the gold standard, turning the currency world into something akin to the Wild West. This newfound monetary freedom laid the groundwork for the U.S. dollar to strut its stuff on the global stage.

Relationship with Major World Currencies

The DXY's dance card includes currency pairings with the Euro, Japanese yen, British pound, and more. These relationships aren't just fleeting romances; they've been key players in the economic theater, setting trends and breaking hearts (and banks) through decades of financial dramas.

Understanding the U.S. Dollar Index

Composition and Calculations

Picture the U.S. Dollar Index as the main ingredient in the global economic pie. This "recipe" isn't just a random assortment of currencies thrown together. It's carefully measured with significant weightings given to specific currencies. The Euro, for example, has the largest portion at 57.6%, reflecting its substantial role in the global market. Then, we have others like the Japanese yen, British pound, Canadian dollar, Swedish krona, and Swiss franc. Each plays its unique part, contributing a distinct flavor to the mix. This blend creates a snapshot, giving investors and policymakers a comparative sense of the U.S. dollar's performance.

Fluctuations and Contributing Factors

The Dollar Index, much like the ocean's tide, isn't stagnant. It ebbs and flows, reacting to a myriad of factors. Political developments, natural disasters, global economic conditions, trade wars, and central bank decisions are just the tip of the iceberg. An interest rate hike here, a trade deal there, and voilà! The DXY responds. For investors, traders, and even governments, understanding these fluctuations is akin to reading the road signs on the global economic highway, helping them navigate their way.

Influence on Global Monetary Policies

Effects on Interest Rates

Remember when your grandma told you that everything's connected? She might've been talking about interest rates and the DXY. When the Dollar Index flexes its muscles, central banks worldwide feel the squeeze or ease in shaping their policies.

Influence on Inflation and Deflation

Highs and lows in the Dollar Index don't just stop at Wall Street. They trickle down into supermarkets, manufacturing plants, and possibly even your pocket. The DXY is like the weather system of the global economy, sometimes sunny and sometimes stormy, influencing inflation and deflation across continents.

Impact on International Trade and Investment

Exchange Rate Dynamics

The Dollar Index isn't just a number; it's a dance. It's the rhythm that sets the tempo for international trade, with exchange rates waltzing in tandem, sometimes gracefully, other times stumbling across the global dance floor.

Global Trade Balances

Think of it like a seesaw; when the Dollar Index rises, trade balances might tip, and vice versa. It's a delicate act, one that requires finesse, agility, and a sharp eye on that ever-changing Dollar Index.

Case Studies and Real-world Applications

Country-Specific Analyses

Let's dive a bit deeper, shall we? Taking a magnifying glass to the world map, we can trace the ripples of the Dollar Index. In Japan, a strong DXY often means a weaker yen, which can be a boon for their export-driven economy. Over in Europe, when the Euro feels the pressure against a towering Dollar Index, imports become cheaper, but exporting luxury German cars or Italian wines to the U.S. becomes pricier and less competitive.

Economic Crises Influenced by the Dollar Index

The Dollar Index has been both a silent spectator and a formidable influencer in global economic crises. Take the 2008 financial meltdown, for instance. As the storm clouds gathered, and financial institutions teetered, the Dollar Index was a haven, with investors flocking to the perceived safety of the U.S. dollar. Then, there's the Latin American debt crisis in the 1980s. Spiraling debts and looming defaults led to a stronger Dollar Index, as the U.S. dollar became the lifeboat in a sea of economic uncertainty.

In the End

So there you have it, the U.S. Dollar Index, the unsung hero (or villain, depending on the day) of the global economic stage. It's not just numbers and charts; it's a living, breathing force that shapes policies, sways markets, and leaves an indelible mark on our daily lives.

From the bustling corridors of world capitals to the price tag on your local grocery shelf, the DXY's footprints are everywhere. Next time you glance at a financial headline, you might just tip your hat to the U.S. Dollar Index, that fascinating dynamo that keeps the world's economic wheels turning.

Forex Day Trading - Basics

Starting from the basics is important to make your foundation strong. So, let's explore the scope of day trading from the surface level. Just as we mentioned in the introduction, day trading is a very common trading that aims to make profits from small fluctuations in the prices of trading instruments. A day trader will close all their trading positions by the end of the day, leaving no open trades overnight. Hence, swap rates charged on overnight positions won't be applicable for day traders who follow the rule.

Another trading that follows a similar approach is scalping, but the pace of day trading is way slower than scalping, and the number of trades will also be lesser in comparison. Scalpers rely on tick charts or minute charts for their analysis, while day traders mostly depend on hourly charts for spotting ideal trade setups throughout the day. The time frame is longer, and day trading has more to do with the daily trends than scalping, which is all about trading during major sessions to take advantage of liquidity.

Forex Day Trader - Key Characteristics

Becoming a forex day trader is not everyone's cup of tea as they need to have enough knowledge about market fundamentals as well as technical analysis, which is used for spotting short-term trends that last for a day. A day trader can follow any trading approach that works for them. Some day traders completely rely on technical analysis, while some focus on fundamental analysis. Traders who plan their trades around a key economic data release or a relevant news event will rely more on fundamentals.

But in any case, the patience to watch charts all day is crucial to unlock your true potential as a day trader. Keeping track of real-time market trends is essential to catch the best trading opportunities with this short-term strategy. So, the ability to identify the right opportunity at the right time gives you a competitive edge in the dynamic forex market.

Steps to Begin Forex Day Trading

Step 1 - Learning and Planning

The first step towards day trading success is systematic learning. You should take time to observe the currency markets daily to see what kind of price trends you will get with this strategy. Then, once you get a grasp of the day trading techniques, you can start devising your own trading plan with some logical calculations. Day traders set daily profit targets to stay on track, and most of them plan their trades around the number of pips they target to gain by the end of a trading day. Pip calculations are helpful for executing trades with perfection, and for that, a pip calculator is the right tool, which does the calculation in seconds and gives accurate results.

Step 2- Test Your Strategy -  The next step is to test your day trading strategy with historical and real-time data. You can use the backtesting feature on trading platforms for testing with historical price data. However, forward testing on a demo account allows you to test the viability of your strategy in real-time market conditions. See if you can reach your profit targets on a demo account; if not, keep revising your strategy to maximize the profit potential. Testing different trade scenarios and comparing the results is the best way to optimize your strategy. One tool that comes in handy to improve the profitability of your day trading system is a profit calculator, which allows you to determine the best price levels to enter and exit a trade.

Step 3- Go Live and Track Your Progress With a Trading Journal - The 3rd and final step is going live, which is trying your strategy on a real trading account. You may still make some mistakes in the initial period, which allows you to learn more to improve your performance as a trader. Find the best tools that you can utilize for day trading and keep a trading journal to record and assess your trades. Keeping track of your progress is essential to identify the shortcomings of your strategy and make necessary changes in time.

What is the Best Strategy for Day Trading? Which Indicators Should Be Used?

Now, one question that needs to be addressed here is the best strategy for day trading and the best technical indicators you can add to your charts for a better analysis. One popular strategy followed by day traders in the forex market is trend trading, as finding the real-time market trend and placing trades that justify that trend gives the best results in day trading.

So, here, you can use a bunch of different analysis tools like trend lines and indicators like Moving Averages to confirm a trend. Once you are sure that the trend is strong enough, you can open a trade position that closely follows the spotted trend. If you see a strong uptrend in the chosen currency pair, you will go long on that pair, and if the charts suggest a downtrend, you can consider opening a short position instead.

Trend trading strategy is easier to implement when the market is constantly trending, and if you notice choppiness in your currency pairs, you can also try out other strategies like range trading. Breakout trading can also be an apt strategy for day traders if you see frequent price breakouts happen while trading.

Some day traders also rely on strategies like mean reversion and money flows, which are quite different from simply following the trend or trying to trade a breakout. But these strategies may be a bit complex for first-time traders, and hence, you can think about these after gaining some hands-on experience at forex day trading. 

Pros and Cons of Forex Day Trading Strategy

Pros:

1. Easier to Follow- Day trading strategies are considered easier to follow in comparison to other strategies like swing or positional trading, which requires more patience, and your exposure to risk is more due to the longer duration of trades.
2. Higher Potential for Profits - The highly volatile nature of currency pairs gives day traders a higher profit potential.
3. No Overnight Risk - Day traders close their positions on the same day. Hence, they don't have the risk of keeping their trades running overnight.

Cons:

1. Time-consuming - Day trading can be time-consuming as you must continuously analyze the charts and monitor your trades until they are closed.
2. Sudden volatility - Day traders are surrounded by the risk of being caught up in sudden volatility, making them prone to losses compared to scalpers who enter and exit trades within a few minutes.

Should a Beginner Consider Forex Day Trading?

As we mentioned before, day trading is comparatively easier if you have enough time to study it. It is not as aggressive as scalping, and you get to make quick profits on a daily basis with limited exposure to risk. If you have the patience to learn about day trading and technical analysis, you can surely think of starting out as a day trader in the forex market. 

Bonus Tip for Day Trading

One last tip I can give to profitable day trading in the forex market is picking a low-cost broker. As a day trader, you will be executing trades daily; hence, you must choose a broker offering tight spreads and low commissions because minimizing the cost of trading is important for maximizing your profitability in day trading.

Conclusion

To summarise, forex day trading can be ideal for anyone eager to make daily profits from short-term price fluctuations in the volatile currency market. But you should practice well on a demo account until you attain enough knowledge about various techniques that you can use for day trading. Finally, paying the most attention to risk management is essential for minimizing your potential losses and hitting your profit targets in the fast-moving market.