Bancor Smart Tokens Provide Solution to The Issue of Liquidity 343

There are many facets to the notion of liquidity. Liquidity may be defined as the ability to convert an asset into cash readily on demand. If this definition seems myopic, you can see it as an asset that can be sold or bought at its fair price. Therefore, liquidity signifies that there are no premiums or discounts attached to an asset when selling or buying it. This makes it easy to enter and exit the asset at will.

For any tradable asset, liquidity is paramount. Liquid markets are smoother and deeper when compared to illiquid markets, which can put traders in a place from which it may be difficult to navigate out. For instance, Bitcoin has experienced significant growth within nine years of its existence. In 2009, there were only 50 Bitcoins but today, there are over 13,000,000 bitcoins in circulation. Virtual currencies or cryptocurrencies have witnessed waves of illiquidity. What are the factors that influence liquidity?

  • Exchanges: The increasing number of cryptocurrency exchanges has provided opportunities for more individuals to trade in cryptocurrency. The increase in volume and frequency of trading has contributed to enhancing liquidity.
  • Acceptance: The acceptance of cryptocurrencies at online shops, brick and mortar stores, bookings, etc. has contributed to its usability while reducing its volatility. Coins become more liquid when frequently used as a means of payment.
  • Regulations: Both direct and indirect regulations have played a crucial role. The position of cryptocurrency in each country is different – banned in certain areas, allowed in others, while in dispute elsewhere. Because of the increasing presence of cryptocurrency in the form of exchanges, ATMs, casinos, transactions in shops, financings, etc. these clarified regulations will continue to influence liquidity.
  • Awareness: Many people are practically unaware of what cryptocurrency is all about and how it works. In the midst of these are prospective investors, buyers, and traders of digital coins. Lack of clear guidelines by relevant authorities and limited knowledge has limited engagement to devotees to this moment, but as this changes, so will liquidity via increased volume and acceptance.

Then, How can one technically solve the issue of liquidity facing cryptocurrency? Below we will explore a solution provided by Bancor for addressing the challenges of liquidity faced by cryptocurrencies, conventional tokens, and community currencies. According to Bancor, the issue of liquidity can be addressed through the use of Smart Tokens, by programming tokens to be autonomously convertible for other tokens within the same network. This is achieved through the use of Connectors, which are modules in a token’s smart contract that hold balances of other tokens they are connected to.

What is the Bancor Protocol Smart Token all about?

Let’s begin with the Bancor Protocol which is the standard for what Bancor calls Smart Tokens. The method is as follows: A Smart Token is programmed with one or more connectors, which are modules in their smart contracts. Each connector holds a balance of another connected, the connected token, which can be deposited by the Smart Token creator. These balances are used by the Bancor Formula to calculate the exact price of a Smart Token in any of its connected tokens. The Smart Token can be bought and sold by depositing or withdrawing the calculated amount from its connector balances. For example, if a Smart Token has one connector which holds a balance of Ethereum, that Smart Token can be bought by sending Ethereum to the Smart Token’s contract, or sold by sending Smart Tokens back to the contract and receiving the corresponding amount of Ethereum in return.

If you haven’t heard of smart contracts, these are computer programs which run on the blockchain, meaning they are unchangeable as long as the underlying blockchain is operational. In the case of tokens, smart contracts allow for the programming of certain features, issuing policies and other attributes, directly into the token’s governing software. Bancor uses this ability to program Smart Tokens to buy and sell themselves from users, in exchange for any of their connected tokens, at an algorithmically calculated rate according to the open-source Bancor Formula. This allows Smart Tokens to be plugged into a network architecture, and continuously liquid to every other token in the network, according to a mathematical price which balances buy and sell volumes in the network (more on the formula below.)

The Bancor Protocol recommends a new solution to the issue of liquidity for cryptocurrencies by using an asynchronous price-discovery model, which is enabled by these balances holding Smart Tokens. The most unique characteristic of this solution is the fact that you can buy or sell Smart Tokens anytime, directly through their smart contracts (Bancor also offers a simple Web App user interface) without the need for an exchange or even matching buyers and sellers, as has been the case for decades. Does this sound like crypto magic to you? Let’s explain how it works.

  • Firstly it’s important to understand that Smart Tokens are money that themselves hold money, in their connector balances. What this means is that the smart contract that operates the Smart Token owns a minimum of one other token balance. This is the Smart Token’s initial liquidity “plug in” to the network, and from where the Smart Token can withdraw other tokens to sellers, and collect other tokens from buyers.
  • Secondly, the supply of a Smart Token can be dynamic, and handled by its smart contract directly. When a Smart Token is purchased by sending one of its connected tokens to the smart contract, these tokens are added to the connector balance and new Smart Token units are created and sent to the buyer. This means that a Smart Token’s supply is growing as demand for it is growing. Thankfully, so is its connector balance, so as you’ll see below, its price is also increasing. This means that increased supply does not mean inflation or dilution for Smart Token holders, since price is a factor of demand, not constrained by a traditional fixed supply. Similarly, when a Smart Token is sold, it is simply sent back to its smart contract, which withdraws the corresponding amount of connected tokens from the connector balance and returns them to the seller, and the sold Smart Token units are destroyed and removed from circulation. Price however, is still decreasing, thanks to the Bancor Formula which takes this decreased connector balance into account. You can liken this mechanism to when tokens are issued by initial coin offering smart contracts in exchange for other tokens like Ether.
  • Thirdly, is the realization that Smart Tokens calculate their own prices vis-a-vis other tokens they are connected to. This is according to the Bancor Formula which holds the ratio constant between a Smart Token’s total market cap, and its connector balance. As buys and sells add and subtract tokens from the connector balances, the price of a Smart Token will fluctuate to keep this ratio, configured by a Smart Token’s creator (and called the weight), constant. This ensures that buy and sell volumes strive for equilibrium, as a Smart Token’s price is rising when it is being bought, and falling when it is beind sold. Just as you’d expect with supply and demand principles, only here the supply can adapt to the demand, and price is calculated as a mathematical function between the Smart Token and its real-time connector balances. .

One may be thinking if all of this functionality is required, given the fact that price discovery and liquidity is already obtained via trading activity in traditional exchanges. Is there a reason for a different solution? The answer to this question is yes. This is because exchanges can be seen as “matchmakers” between individuals or parties with different wants. A particular trade comprises of two opposing transactions, one where each party is selling what the other party wants to buy. The situation where a particular party needs to find another party with opposite wants is the sole reason why currencies and other assets face liquidity risk. With this constraint, it is impossible for smaller scale currencies, such as loyalty points, community currencies, and other relevant credits, as examples, to become consistently liquid.

Additionally, people who provide liquidity such as market makers and traders are logically looking for ways to take full advantage of profits. This connotes that liquidity comes at a price or cost with the current exchange solution, allocating value to middlemen. This is why BancorSmart Tokens are unique, allowing currencies to enjoy automated and continuous liquidity, and with no added fees. The contribution or partaking of market makers and traders in their convertability isn’t compulsory, but optional for both parties. In fact, Smart Tokens may be regarded as a token with a built-in not-for-profit automated market maker for itself, being operated by its open-source smart contract.

A Bit About the Bancor Token Generation

This decentralized liquidity network Blockchain project raised approximately $153 million in Ether within three hours. Bancor was one of the most successful token launches of 2017. The token generation event took place on June 12, 2017, attracting more than 390,000 contributions in Ether, a world record in the market at the time.

Bancor’s BNT is the Bancor Network Token. According to the company, in the next two years, there will be a host of new features available to Smart Tokens, including security upgrades such as delegated account recovery, the ability to purchase them with a credit card, enabling communities without a token to easily create one without technical knowledge, and moving to a fully decentralized backend and front-end architecture, as well as taking the liquidity network completely cross-blockchain. Finally, we will see the launch of Bancor Grants, helping local communities build capacity towards launching and maintaining a local Smart Token for their economy or network, and subsidizing the BNT needed for qualifying communities to connect to the Bancor Network (via their Smart Token’s connector balance, which will be held in BNT.) Since launch, Bancor has activated their token, launched and activated Relay Tokens for over 20 ERC20 tokens which are now convertible via the Bancor Network, launched their Web App on desktop and mobile, and deployed a portable widget to enable users to convert Smart Token’s from anywhere on the Internet. This attribute alone safeguards users and enables them to convert their tokens remotely and in a decentralized fashion.

BNT holds Ether (ETH) as its connected token, making it possible to convert any token within the Bancor Network into ETH, instantaneously and without the need for matching buyers and sellers. This is groundbreaking in the blockchain world, with Bancor pioneering an autonomous technology that a technical solution for instant liquidity and eventually also the instant creation of intrinsically liquid cryptocurrencies.

What are the Benefits of Bancor Smart Tokens?

Smart Tokens bring about several benefits when compared to the traditional token model, which include:

  • No Extra Fees: Unlike the traditional token and exchange models, the only compulsory fee that is paid for converting Smart Tokens is the blockchain platform fee, which in the case of Ethereum is known as gas.
  • Continuous Liquidity: Because selling and buying are carried out through smart contracts, you can always convert Smart Tokens from/to their connected tokens, regardless of the volume of trading done.
  • Foreseeable Price Changes: The Bancor Smart Token allows for the pre-calculation of price changes according to transaction size, since each transaction itself will result in a change to the current price by adding to or subtracting from connector balances. This price predictability leads to relatively more stable prices.
  • No Spread: The same price is calculated for buying and selling Smart Tokens since the calculation of these prices is done formulaically by the non-profit smart contract, not by other buyer and seller offers, traditionally known as an order book.

In Conclusion

Bancor has discovered a way out of the historic challenge of liquidity without needing a counterparty to buy or sell a token. This is attainable through a smart contract, currently on the Ethereum network, which keeps a balance in another connected token at all times, and uses a simple formula to continuously recalculate the exact rate at which a Smart Token is convertible for any of its connected tokens, and as such, for any other token in the network. This innovation replaces traditional labor-based solutions, in the form of market makers and exchanges, both for-profit actors, with a technical solution, in the form of a non-profit smart contract that will always buy and sell Smart Tokens thanks to their built-in liquidity mechanism. This autonomous solution could offer a step-function improvement in efficiency, decentralization, accessibility, transparency, and stability for the emerging cryptocurrency economy – if Bancor can pull it off

 

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Exchange thousands of tokens with newly launched Changelly DeFi Swap 4430

As so-called decentralized finance (DeFi) applications boomed in the summer of 2020, the market has pivoted toward a new direction. DeFi makes financial products and services available to everyone who has access to the internet. Moreover, it helps eliminate third-party involvement in people’s businesses and private lives by creating fully secure and anonymous financial services. Next, DeFi empowers users to truly own their funds and utilize various tools to lend, borrow, stake, earn interest and more.

We are thrilled to announce that we are taking the first step toward introducing DeFi possibilities to our users with Changelly DeFi Swap powered by Yet Another DeFi.

Yet Another DeFi is a decentralized exchange (DEX) aggregator that encompasses all the advantages of DeFi and optimizes transaction costs. The Smart Router by YAD finds the best way for a swap among different liquidity providers and suggests the most beneficial split to proceed with the transaction.

What does this integration mean to our users?

  • 1,000+ available tokens
  • Best rates via DeFi
  • Lower transaction costs compared to industry leaders.

At present, any user can swap various Ethereum-based assets with just a few clicks. However, many more chains will become available in the near future, including BNB Chain, Solana, Fantom, Polygon, Arbitrum, Optimism, Tron and others.

The Changelly team is committed to the goal of becoming the leading CEX and DEX aggregator on the market. We believe our seven-year experience of working with CEXs combined with limitless opportunities of DEXs will make it possible to provide even better rates and lower fees to our users. With the integration of DEXs, we get one step closer to enabling seamless anything-to-anything swaps, regardless of blockchain, wallet connector, etc.

Learn more about Changelly:
Changelly website: https://changelly.com/
Changelly DeFi Swap: https://changelly.com/decentralized-exchange
Changelly Twitter: https://twitter.com/Changelly_team

ARC Unveils REACTOR, a Groundbreaking Software and Smart Contract Coding Graphic User Interface (GUI) in V1.2 With Developer Portal and Tutorial 5212

ARC officially moved ARC Reactor to V1.2 which allows developers to ingest any code from any EVM chain, and instantly display the code as a functional and editable diagram. Developers can immediately visually audit the code, with all exceptions and dependencies brought to light as well as how each module interacts with each other.

From there, the software developer can edit, add and build code functions, collaborate with other developers, test the code and ship it to any EVM chain.

In the following tutorial in the developer portal, smart-contract developers can follow a simple 8-step process which takes a total of 30 minutes of development time. This tutorial and video demonstrates how to ingest, audit, edit, test and ship a robust project like PancakeSwap from Binance BNB Chain to Polygon chain: https://reactor-docs.arc.market/category/tutorial

ARC Reactor’s objective is to create the new GUI terminal for creating, auditing, building, maintaining, collaborating and shipping of all smart contracts and code. While the team has initially chosen to focus on the burgeoning EVM (Ethereum Virtual Machine) ecosystem first, their roadmap includes other all significant languages and ecosystems including Solana, Cosmos, PolkaDot, Hedera, Java, Python, Ruby, React and more.

The team’s vision is that, in a few years, the vast majority of software developers in startups and corporations will use ARC Reactor as the de facto tool for developing and maintaining all codebases.

Henry Syahputra (CTO and technical co-founder of ARC) originally conceived of Reactor in 2018, inspired by the simple question: “What if all software development was a visual process, completely transparent and interactive? What could change?”

ARC Reactor presents a paradigm shift, allowing any code to be ingested immediately, ranging from open source libraries and existing solutions, right through to existing code within a corporation or startup. The software developer gains instant insight into every aspect of the architecture and code, including potential malware, exceptions, broken dependencies and more. Furthermore, the display of the code visually offers a nuanced and different perspective of the code, which recently led ARC Reactor to help one of the leading no code startups in WEB3 to identify a critical flaw in its architecture.

Beyond this initial perspective, the software developer can dive deeper and see all the logic in the smart contracts and code displayed visually and alter that code, as well as add functions.

From that point, the software engineer can test the code they want to ship and deploy it to any chain they choose.

Since Syahputra initially conceived of Reactor in 2018, his published paper has been cited numerous times, including by the Portuguese government for their Digital Identity solution in collaboration with WallID: https://scholar.google.com/scholar?cites=7580646348223569168&as_sdt=2005&sciodt=0,5&hl=en

ARC is specifically focusing on reaching out to L1 and L2 chain partners, who they feel can effect the greatest change by significantly helping them and projects in their ecosystem to:

  • lower barriers of entry, 
  • shorten development cycles, 
  • onboard software engineers faster,
  • build more robust and secure solutions,
  • lower costs and environmental impact,
  • collaborate,
  • audit,
  • ship cross-chain

ARC anticipates announcing more team members, advisors, partnerships, and product releases in the coming weeks. ARC has already begun discussions for its first round of equity-based financing.

For more information about this release as well as insights regarding the Reactor business model, please visit: https://arc-market.medium.com/arc-reactor-documents-and-tutorial-portal-launched-466d766005dc

About ARC:

ARC’s mission is to be the central command console for crypto.

ARC’s proprietary and unique offering starts with the ARC Reactor. Reactor’s rich design studio drastically reduces the time required to understand, audit and modify smart contracts. Users can ingest any Web3 project code, which becomes represented in a functional, editable diagram.

From there, users can audit the code, use the visual editor to modify the code, add custom fractions, maintain code and ship to any Ethereum Virtual Machine (EVM) chain. The ARC Reactor supports over 22 chains at present. All source code can be exported and used anywhere with zero vendor lock-in.

Inery Acquires Investment From Metavest at $128m Valuation 5154

Inery a decentralized data management system, has announced that it has secured an investment from web3-focused blockchain VC firm Metavest in the first week of September at the valuation of $128m

Inery is a decentralized data management system bringing DB to Web3. It provides low-cost, reduced latency, secure, and tamper-resistant solutions for data management. The data management system aims to ensure users, including gamers and businesses, retain control of their data in the metaverse via owner-controlled data assets.

Based in Singapore, Inery has branch offices in Switzerland, Dubai, and Serbia – a truly multicultural company, relying in full on the strength of its in-house teams. Since its inception, Inery has attracted the attention of the blockchain industry due to its elegant solutions for one of the main issues of Web3 – database decentralization and security.

Inery’s use cases can be applied to diverse sectors, including governments, enterprises, aviation, GameFi, healthcare, and metaverse. It provides a potential cross-chain solution for users to interact with their data assets in the entire metaverse domain using its DB solution. The project rolled out its first public testnet on August 10, 2022, preceding its upcoming launch, and is also scheduled for listing at the end of the third quarter of 2022.

Through this funding, Inery aims to expand its use cases—particularly in GameFi, where the company seeks to explore the full potential of the booming gaming industry with verified digital ownership of assets. Additionally, Inery aims to build a space for its users to seamlessly create and share NFTs.

Metavest has previously invested in and made strategic partnerships with several successful blockchain projects. Their investment portfolio includes Concordium, CasperLabs, Coinlist, Gala Games, Bored Ape Yacht Club, Splinterlands, Star Atlas, Duelist King, Nakamoto Games, Ember Sword, and more.

“Inery is very selective when it comes to new partnerships and collaborations. We aim to become a pillar of Web3, which is why when Metavest showed interest in our project, we were more than happy to partner with a Metaverse and NFT-focused platform. We believe that Inery and Metavest can extensively help each other reach both companies’ goals” said Inery CEO and co-founder Dr. Naveen Singh.

Inery will list its token in Q3 of this year (2022). Visit the company’s website and follow its official social media accounts to learn more.

About Inery

Inery is a proprietary layer-1 blockchain and decentralized data management solution. The network enables a decentralized, secure, and trusted foundation for database management by leveraging blockchain technology. It integrates blockchain functionalities and distributed database properties to create a paradigm shift in data access, storage, and management.

About Metavest

Metavest Capital is a blockchain VC firm, focused on Metaverse and NFT gaming projects. Their core investments include play-to-earn games, digital tokens, and in-game assets. It offers capital, strategy, and advisory to a variety of exciting new projects within this growing ecosystem.

Ergo Foundation Announces ErgoHack V: Mining and Minting 5168

This fall, the Ergo Foundation will host the fifth iteration of the highly successful ErgoHack series. This latest hackathon will take place from October 3-20, 2022, and it will be co-presented with Flux, Alephium and the Djed Alliance. With the much anticipated Ethereum Merge coming this fall, this ErgoHack aims to inspire developers and entrepreneurs to explore projects as they relate to mining and minting with the potential for cross-chain development and deployment (for example, consider the ways your project could take advantage of the tools on these other blockchains). Please note that although the theme of the hackathon deals with mining and minting, any and all project proposals are welcome for submission.

As a Layer 1 blockchain, Ergo is one of the most active platforms in terms of developer activity – it continually ranks amongst the highest in this category on Stack. Ergo hackathons have become an identifying feature of the platform over the last year, and previous ErgoHacks have yielded some of the most used dApps currently in the ecosystem. With the upcoming Ethereum Merge, there will be countless miners looking for a new crypto to mine, and Ergo is poised to welcome a great deal of those miners. The Ergo Platform is optimally situated to offer miners several technological innovations in the Proof of Work mining industry (ie. Storage Rent, governance responsibilities, etc). Ergo is already starting to see increased hashrate migration with the network hashrate up over 250% since the beginning of August.

With an eye to the future of Proof of Work mining, ErgoHack V: Mining and Minting will primarily focus on creating dApps, tools, and infrastructure to further attract miners that will be looking for a new crypto to mine after the Ethereum Merge. Those who are interested in participating in this exciting opportunity are encouraged to visit the ErgoHack website for details on how to submit an application. The ErgoHack V prize pool is also the largest to date! Prizes include:

1st Prize – 10k SigUSD
2nd Prize – 6k SigUSD
3rd Prize – 2k SigUSD

Additional prizes from co-presenters will include 1800 DACAU (Djed Alliance Contribution Accounting Unit), 20k ALPH, and more!

Ergo is setting the new standard in the evolution of Proof of Work blockchains. Together with our partners, participants are invited to help us build the future of blockchain and to explore the potential for cross-chain deployment. Are you ready to help build the future? Visit the Ergo Platform website for more information on Ergo and get your ErgoHack application started today!

ErgoHack V Sponsors and Presenters

Ergo

Ergo is a robust Proof of Work, smart contract platform built on the eUTXO model with numerous technological innovations, including NIPoPoWs, Storage Rent, Sigma Protocols, ErgoMixer, SigUSD, and subpool mining to name a few. It was fairly launched with no pre-mining, no pre-allocation of tokens, and no venture capital partnerships. The entire supply of ERG tokens has been reserved for the mining consensus, save a small portion (4.37% of the entire supply) that was sent to a treasury fund to be spent on promoting and developing the Ergo blockchain. The team behind the project represent some of the greatest minds in blockchain development, with numerous years of experience and countless academic papers to their credit. At the time of writing, the ERG token is up over 195% from the middle of July 2022.

Djed Alliance

Djed is a formally verified crypto-backed autonomous stablecoin protocol. Ergo’s main stablecoin, SigmaUSD, is a deployment of an open-source implementation of this protocol. The Djed Alliance stewards the evolution and growth of the Djed protocol, with the mission of bringing stability to the cryptocurrency industry.

Alephium

Alephium is the first operational sharded L1 blockchain scaling and enhancing on PoW & UTXO concepts. Decentralization, self-sovereignty, and security meet high-performance, accessibility, and energy efficiency in a dev-friendly network optimized for DeFi & smart contract applications. For more information, please visit Alephium’s website.

FLUX

Flux is building a new generation of scalable, decentralized cloud infrastructure. Developing Web3, Flux offers the advantages such as redundancy, interoperability, decentralization, and cost efficiency. For more information, please visit Flux’s website.

DigiFT and Diners Club complete redemption of the first regulatory-compliant corporate note security token 5258

DigiFT, which aims to provide regulated decentralized finance solutions on the Ethereum public blockchain, has successfully completed the issuance, secondary trading, and redemption of a corporate note security token on its decentralized exchange (‘”DEX”). To commemorate the completion of DigiFT’s inaugural listing, 100 NFTs will be minted and air-dropped to partners and various stakeholders.

The one-month note issued by Diners Club (Singapore) Private Limited (“DCS”) was fully subscribed at its initial offering on August 1st, 2022. Investors were able to trade the security token on DigiFT Security Token DEX efficiently with 80% of the transactions completed through the Automatic Market Maker (“AMM”) mechanism. Unlike a traditional exchange that relies on active market markers to complete a buy or sell order, AMM facilitates secondary market trading via smart contract liquidity pools.

Henry Zhang, CEO of DigiFT, shared, “Our token investors are the first in the world to trade real-world regulated financial assets on a public blockchain DEX. We will continue to innovate and offer more investment products for digital users in a regulatory-compliant manner.” Mr. Philip Koh of DCS shared, “The token is a significant breakthrough that leverages the benefits of blockchain to develop an alternate source of funding.”
DigiFT, founded in 2020 by Wanli Li and Henry Zhang, is striving to be the first regulated decentralized security trading exchange and is currently operating in the Monetary Authority of Singapore’s FinTech Regulatory Sandbox (“Sandbox”) as an exempt Recognised Market Operator with a Capital Markets Services licence. The blockchain-based exchange is the first decentralized finance trading platform admitted into the Sandbox. It facilitates the primary offering and secondary trading of security tokens backed by financial assets. As a result, investors can trade directly from their digital wallets after completing a know-your-client onboarding process.

DCS is a franchisee of Diners Club International Ltd., a direct banking and payment services company. The company has a large cardmember base in Singapore.

About DigiFT

DigiFT aims to provide regulated decentralized finance solutions on the Ethereum public blockchain. DigiFT launched the first regulation-abiding digital asset exchange. Asset owners can issue blockchain-based security tokens on our platform, and investors can trade with continuous liquidity via the Automatic Market Maker mechanism. DigiFT is a global outfit backed by well-established venture partners. The founding team originates from Goldman Sachs, UBS, Citibank, and Morgan Stanley. It has deep blockchain technology knowledge, having successfully developed digital asset exchange and products in the past.

Win $150,000 USDT with CoinFloww Beta Launch 5303

2022 09 10 в 15 16 10

Digital asset trading has long suffered due to high crypto exchange transaction fees, regulatory hurdles by regulators, and stringent crypto exchange rules. Then came CoinFloww, the most advanced digital asset exchange.

Based on the world-class digital asset exchange technology, CoinFloww is proud to launch at a time when crypto exchanges are fighting for rights and struggling with a fraught market.

The team behind CoinFloww Exchange is constantly improving our UX and UI so our users can have extraordinary trade experiences. Our new UX and UI design of CoinFloww will be updated soon.

Rather than profiteering on crypto startups, CoinFloww is on a mission to nurture and patronise upcoming projects. CoinFloww does not charge any listing fee and offers reasonable promotional packages.

Derivative users are often left behind in the crypto ecosystem, but CoinFloww Exchange is a platform that truly caters to derivative traders with up to 300x leverage.

CoinFloww is not just a digital asset exchange; it is more than that. Besides typical digital asset exchange functions, CoinFloww has a roadmap of becoming a one-stop application for the crypto user to gain financial freedom.

CoinFloww has recently announced its whooping 150k USD prize pool. Any CoinFloww user can participate in the CoinFloww Bug Bounty Program to win our prize pool of $150,000.