Elliott Lee, Author at ReadWrite https://readwrite.com/author/elliottlee/feed/ Crypto, Gaming & Emerging Tech News Fri, 06 Dec 2024 12:06:24 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://readwrite.com/wp-content/uploads/2024/10/cropped-readwrite-favicon-32x32.png Elliott Lee, Author at ReadWrite https://readwrite.com/author/elliottlee/feed/ 32 32 Margex Upgrades Staking APY and Pool Sizes to Boost User Passive Earnings https://readwrite.com/margex-upgrades-staking-apy-and-pool-sizes-to-boost-user-passive-earnings/ Fri, 06 Dec 2024 12:06:24 +0000 https://readwrite.com/?p=430907 Margex Staking

Top-rated crypto futures exchange Margex just increased its staking rates after successfully expanding its pool sizes. Users can now enjoy… Continue reading Margex Upgrades Staking APY and Pool Sizes to Boost User Passive Earnings

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Margex Staking

Top-rated crypto futures exchange Margex just increased its staking rates after successfully expanding its pool sizes. Users can now enjoy an additional 2% Margex staking APY (Annual Percentage Yield) on some of the top cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Tether USD (USDT).

The newly updated staking rates show Margex’s dedication to refining and upgrading its trading platform to improve the overall user experience. Currently, there aren’t any specific limits to crypto staking on Margex, but the exchange features a pool limit indicator that varies per day.

Margex Updated Staking APY & Pool Size: Explained

Before the increased Margex staking APY, the platform had a 5% earnings cap for crypto staking. The Seychelles-based exchange imposed this limit for its staking pools to ensure fixed passive returns for its users based on its current capacity.

However, with the latest increase in pool size, Margex has increased the staking reward limit to 7%, which is the staking APY for Binance USD (BUSD), USD Coin (USDC), ETH, and USDT. For staking Bitcoin, users will earn 6% APY from the previous 4% offered, marking the 2% boost across the board.

Margex Staking Coins

Unlike other crypto staking platforms that may offer time-bound terms, Margex’s token staking plans provide flexible terms. This means that investors can quickly withdraw their staked tokens at any time instead of waiting for the lock-up period before withdrawing with rewards. Passive income rewards are collected daily, making unstaking coins on Margex convenient and user-friendly.

Notably, the 6% and 7% annual percentage yield for flexible staking makes Margex highly competitive compared to other exchanges. The higher returns can be attributed to the platform’s efficient allocation of staked coins for various DeFi (decentralized finance) and CeFi (centralized finance) projects like cross-chain arbitrage and collateralized loans.

What Margex Is

Margex is one of the best crypto futures trading platforms and a leading digital asset exchange. Launched in 2019, the platform has built a strong international presence that serves over 150 countries. Known for its low minimum margin requirements and advanced security, Margex houses over 500,000 traders globally.

In addition to its high-value core trading features, Margex provides user-friendly services such as instant token swaps and real-time price alerts. With the added benefit of crypto futures copy trading, the platform goes beyond just being a crypto exchange with tools suited for novice and seasoned traders alike.

Other features mentioned in our Margex review include access to over 50 crypto futures pairs, leverage ranging from 15x to 100x, and fast signup with no KYC (Know Your Customer) verification.

Why Use Margex in 2024?

In 2024, Margex’s half-decade of experience and dedication to consistent platform improvements make it a top choice for crypto traders. Tools like high-leverage trading, built-in TradingView charts, and over 100 technical indicators enable users to find more advanced trading opportunities.

At the same time, low trading fees and simple passive income opportunities through staking and copy trading provide more beginner-friendly features. Additionally, experienced investors can still use Margex’s investing and other non-trading aspects.

Finding the proper and secure trading platform is essential in the current cryptocurrency and Bitcoin rally, as increased crypto activity gives malicious users more incentive to hack accounts and wallets. Margex’s proven track record and multi-layer custodian security ensure the safety of users’ crypto holdings.

Conclusion

Margex has confidently increased its crypto staking rates by 2%, giving its users higher passive income returns on 5 top cryptocurrencies. By consistently rolling out updates that keep providing value-adding features and improvements for traders, the prominent futures exchange continues to be a leading provider of crypto trading services.

Earn up to 7% APY on crypto staking plans with Margex today with its larger staking pool size and flexible terms.

Stay up to date with the latest Margex news via:

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From Welding Sparks to Millionaire Dreams: Oklahoma Welder Turns $10K Into $4.5M With XRP, Is BlockDAG Up Next? https://readwrite.com/from-welding-sparks-to-millionaire-dreams-oklahoma-welder-turns-10k-into-4-5m-with-xrp-is-blockdag-up-next/ Thu, 05 Dec 2024 18:10:01 +0000 https://readwrite.com/?p=430663 In January 2017, a hardworking welder from Oklahoma, Levi Smith, decided to take a leap of faith. Tired of the… Continue reading From Welding Sparks to Millionaire Dreams: Oklahoma Welder Turns $10K Into $4.5M With XRP, Is BlockDAG Up Next?

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In January 2017, a hardworking welder from Oklahoma, Levi Smith, decided to take a leap of faith. Tired of the financial struggles that had defined much of his life, he put $10,000 of his savings into Ripple (XRP), a little-known cryptocurrency priced at just $0.0067 per token. To his friends, it seemed like a gamble; to him, it was a chance to change his life.

Fast forward to January 2018, and XRP had skyrocketed to $3.02 per token, transforming his modest investment into an astounding $4.5 million. This wasn’t just a financial windfall, it was freedom.

Today, crypto enthusiasts are seeing a similar opportunity in BlockDAG (BDAG), a leading layer 1 blockchain that could rival or even outdo XRP’s meteoric rise. Early adopters of the BDAG coin have already seen returns of up to 2240% with the token now priced at $00234.

How XRP Turned a Welder Into a Millionaire

In 2017, XRP was far from the popular crypto name it is today. Positioned as a solution for fast, low-cost international transactions, Ripple’s technology was ahead of its time. Even at $0.0067 per token, XRP was a gamble most people weren’t willing to take. For the Oklahoma welder, however, it was worth a shot. After he had managed to save $10,000, he took a risk no one ever expected him to take – he bought 1.49 million XRP tokens with the $10,000 he had saved.

As months passed and XRP gained momentum, the welder sat back and watched his portfolio grow. By January 2018, XRP hit its all-time high of $3.02 per token, transforming his initial $10,000 investment to an incredible $4.5 million. That money didn’t just erase his remaining debt—it gave him a brand new future. He bought land in Oklahoma, left welding behind, and became a farmer, working the fields he now owned outright.

But his proudest achievement? Ensuring his kids would never face the financial struggles he did. He acknowledges the huge freedoms he is now able to provide his family, freedoms that wouldn’t have been possible if he had listened to everyone around him telling him it was too big a risk.

Could BlockDAG Deliver XRP-Level Returns?

Much like XRP in its early days, BlockDAG is turning heads with its disruptive potential. Powered by Directed Acyclic Graph (DAG) architecture, BlockDAG processes transactions simultaneously, delivering unprecedented speed, scalability, and efficiency compared to traditional blockchains. Its technology is designed to eliminate the bottlenecks and high fees that have long plagued the crypto space.

While XRP revolutionized cross-border payments, BlockDAG is poised to redefine blockchain itself. With ultra-fast transactions and low fees, it’s the perfect platform for the creation of meme coins, NFTs, and other decentralized applications. BlockDAG’s focus isn’t just scalability—it’s about creating a blockchain that works for everyone, from traders and developers to businesses.

The numbers behind BlockDAG’s rise are staggering. The presale has already raised over $157 million, with more than 16.8 billion coins sold. Currently priced at just $0.0234 in batch 26, early adopters have seen a 2240% ROI.

The story of XRP proves how early movers can see exponential rewards and BlockDAG is showing all the signs of being the next big opportunity. The only thing to remember is to get in as early as possible, especially before BlockDAG’s current batch 26 sells out.

Don’t Let BlockDAG’s Presale Pass You By

Levi Smith’s story is a reminder that life-changing opportunities don’t come around often. XRP gave him the chance to erase debt, pursue his dreams, and secure his family’s future. Today, BlockDAG offers a similar opportunity to those bold enough to take the shot.
BlockDAG has already raised over $157 million and is currently priced at $0.0234. These impressive figures position it as the next major blockchain success story.

However, opportunities like this are fleeting and won’t last forever. The difference between being called a millionaire or facing life’s struggles every day comes down to two things: having the courage to be bold and place the right bet at the right time.

 

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Unlock Black Friday Deals to Get 15% Off Tangem Wallets and Win $1,000 in BTC https://readwrite.com/unlock-black-friday-deals-to-get-15-off-tangem-wallets-and-win-1000-in-btc/ Fri, 29 Nov 2024 10:27:40 +0000 https://readwrite.com/?p=428574 Tangem wallets Black Friday offer

While shiny gadgets and exciting holiday sales might catch your eye, investing in crypto security is a smart choice that… Continue reading Unlock Black Friday Deals to Get 15% Off Tangem Wallets and Win $1,000 in BTC

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Tangem wallets Black Friday offer

While shiny gadgets and exciting holiday sales might catch your eye, investing in crypto security is a smart choice that pays off in the long run. From 28 November to 2 December, crypto enthusiasts can take advantage of the Tangem Black Friday deal and get 15% off their purchases.

Additionally, Tangem is giving away $1,000 worth of Bitcoin (BTC) to one lucky winner. This is a rare opportunity to upgrade your crypto security setup at a discount while getting a chance to win some BTC. ReadWrite users also have the option to use the code “READWRITE” to avail of a 10% sitewide Tangem wallet discount.

Why Choose Tangem Wallet?

Whether you want to hold Bitcoin, Ethereum, or a variety of altcoins and NFTs, Tangem has emerged as one of the most trusted ways to keep your private keys safe from harm. This is partly because these wallets are known for their innovative seedless technology, so you’ll never have to worry about storing or losing a seed phrase.

Each wallet has a secure chip that creates an offline private key that is unhackable and unbreakable. You can set up your wallet with a simple tap on your smartphone.

In addition to this, Tangem wallets are EAL6+ secured based on the highest security standard available in the market and have been independently audited by Kudelski Security and Riscure.

Tangem wallet homepage

Tangem’s Black Friday Exclusive Promo—Save 15% + Win BTC

To celebrate Black Friday, Tangem is introducing a limited-time promotion and offering a 15% discount on all its hardware wallets. Popular products eligible for massive discounts include the Tangem Wallet 3-Card Set, 2-Card Set, and the Tangem Ring. Tangem will also give away $1000 worth of Bitcoin to one lucky customer purchasing during this promo period.

To participate in the giveaway, you simply need to order any Tangem product from November 28 to December 2 on their official website.

Every purchase counts as an entry, so the more you buy, the better your chances. A random winner will be selected and announced on Tangem’s social media accounts on 3 December.

How to Claim the Discount

Here’s what you can do to get that exclusive 15% discount

  • Go to Tangem’s Site: Visit the Tangem official site between November 28 and December 2 and click on the Black Friday offer in the banner.
  • Pick Your Product: Pick the Tangem wallet or accessory you wish to order. This applies to any wallet set or Tangem Ring, which all qualify for the discount.
  • Apply the Discount: The 15% discount applies automatically at checkout—no promo code is necessary.

Complete your payment, and your $1,000 BTC giveaway entry is confirmed. Please note that Tangem accepts multiple payment methods, including credit cards, PayPal, and cryptos.

BTC Giveaway Terms & Conditions

The $1,000 BTC giveaway is subject to certain terms and conditions:

  • The promotion period runs from November 25, 2024, 00:00 CET to December 2, 2024, 23:59 CET.
  • Each qualifying purchase made during this period will receive an entry.
  • The winner will be selected randomly and announced during a live stream on Tangem’s official social media channels on December 3.
  • The selected winner will be contacted via email and will need to respond within five business days to claim the prize.

10% Off Sitewide Deals at Tangem

Like many other merchants, Tangem is running a special 15% off Black Friday sale, but they are also offering ReadWrite users an ongoing 10% off discount code. Simply click here and use the promo code “READWRITE” at checkout to use this offer.

It’s worth mentioning that the 10% discount cannot be combined with the 15% Black Friday offer. The 15% offer is only a limited-period offer until 2 December, whereas the 10% offer is an ongoing offer exclusively for ReadWrite users.

In addition, Tangem ships free of charge within standard time to all orders over $100, making this offer even more appealing to crypto fans.

How to Get Started with Tangem Wallet

Getting started with Tangem is simple. Here’s a quick guide:

  • Buy the Wallet: Visit the Tangem official store and choose from various wallet packs, including 2-card or 3-card sets or even the Tangem Ring bundle.
  • Tangem App Download: Once it arrives, the app helps you configure your wallet and is available for Android and iOS.
  • Card Activation: Now, you only need to tap your Tangem card or ring on your smartphone to generate a private key in an offline wallet.
  • Transferring Your Assets: Now that your wallet is created, you can protect your crypto by transferring it to your Tangem wallet.

Exclusive Chance to Get Yourself a Tangem Wallet at a Discount

With the growing number of exchange-related hacks and software wallet hacking incidents, securing your crypto is more relevant than ever before. Thanks to Tangem’s ongoing promotions, there has perhaps never been a better time to buy a fully secure hardware wallet.

This 15% discount and $1,000 BTC giveaway are only available until 2 December, so this is a limited-time opportunity to increase your crypto security for less.

FAQs

What is the Tangem Black Friday discount?

How do I enter the $1,000 BTC giveaway?

Is Tangem Wallet Safe for Storing Crypto?

Are there any hidden fees with Tangem Wallet?

Can I combine the 10% and 15% discounts?

References

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BlockDAG Presale Nears $150M, Offers Coins At Half Price, While Analysts Predict a Surge for Kaspa & Ethereum Classic https://readwrite.com/blockdag-presale-nears-150m/ Tue, 26 Nov 2024 16:04:46 +0000 https://readwrite.com/?p=427683

A potential Kaspa price surge is stirring excitement as the cryptocurrency nears the end of a year-long accumulation phase, with… Continue reading BlockDAG Presale Nears $150M, Offers Coins At Half Price, While Analysts Predict a Surge for Kaspa & Ethereum Classic

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A potential Kaspa price surge is stirring excitement as the cryptocurrency nears the end of a year-long accumulation phase, with analysts predicting gains of up to 500%. Meanwhile, Ethereum Classic’s price forecast waves optimistic flags as ETC faces key resistance levels amid bullish signals.

Adding to the buzz, BlockDAG (BDAG), dubbed the “Kaspa killer,” is redefining blockchain with its DAG technology, solving critical issues like slow transaction speeds and scalability. Its record-breaking presale raised $20 million in just 48 hours and is now nearing $150 million. BlockDAG’s promo code BULLRUN100 is also expiring in just 2 days. Punching in this code at checkout gives buyers 100% more BDAG coins along with priority access to BDAG’s upcoming airdrops. 

With each project bringing massive gains to the table, which will prove to be the best long-term crypto? Let’s find out! 

Kaspa Price Surge Imminent as Accumulation Phase Nears End

Recent predictions of a Kaspa price surge have sparked considerable interest among analysts and investors alike. As the cryptocurrency approaches the end of a year-long accumulation phase, expectations of a potential 500% rise are building. 

Adding to the anticipation is Kaspa’s upcoming block reward reduction in 13 days, which will lower rewards from 77.78 KAS to 73.42 KAS, potentially tightening supply. The current market shows low volatility and steady price action, suggesting that strong investors may be quietly accumulating KAS. These developments have intensified speculation that the next Kaspa price surge could be just around the corner.

Ethereum Classic (ETC) Price Forecast: Will It Break $30?

The Ethereum Classic (ETC) price forecast suggests mixed signals for the near term as the cryptocurrency trades within an ascending channel pattern, historically a potential reversal zone. While ETC recently reached a six-month high of $27, it has faced repeated resistance at the $27.38 and $29.78 levels. 

The bullish crossover of the 20-day EMA above the 50-day and 200-day EMAs points to sustained upward momentum. However, overbought RSI levels near 64 signal a possible short-term correction. Analysts emphasize the importance of Bitcoin’s trajectory, as its bullish momentum could help ETC breach the $30 mark, while a slowdown might push ETC back to the $21-$22 range.

The ‘Kaspa Killer’ Is Here: BlockDAG Raises $20M in 48 Hours

BlockDAG is turning heads in the crypto space with its ability to deliver faster transaction speeds and robust security. Unlike traditional blockchains, its Directed Acyclic Graph (DAG) structure processes transactions simultaneously, solving issues like high fees and delays. 

This efficiency has led experts to label it the “Kaspa killer,” highlighting its potential to outpace competitors. Further cementing its rapid progress, BlockDAG recently completed its Mainnet development, a milestone that underscores its readiness to deliver on its promises. 

The BDAG coin is currently in its presale phase, and its remarkable performance is another proof of BlockDAG’s ascent in the market. Having raised $20 million in just 2 days, with presale revenue of nearly $150 million, and selling over 16.4 billion BDAG coins, BlockDAG also boasts the largest crypto presale in history.

Currently priced at $0.0234 in batch 26, the BDAG coin has surged by an incredible 2240% from its initial batch price of $0.001. This momentum is pushing the project closer to its $600 million goal, creating a final chance for those who want to join early as prices continue to climb with each batch.

To celebrate this progress, BlockDAG is offering a limited-time promotion. Buyers who use the code BULLRUN100 at checkout will receive 100% more BDAG coins along with early airdrop access—but this offer is only available for the next 3 days. Acting now could secure a position in what many are calling the next major advancement in blockchain technology.

Key Takeaways

The speculated Kaspa price surge has investors eyeing significant gains, while Ethereum Classic’s price forecast shows potential movement despite facing resistance. However, BlockDAG emerges as the project with the most promise. Its advanced DAG technology addresses critical blockchain challenges, and its presale nearing $150 million demonstrates growing confidence in its potential.

Currently priced at $0.0234, BDAG offers an enticing opportunity, especially with the limited-time BULLRUN100 promo code—essentially letting buyers secure BDAG coins at half the price. With its rapid growth and strong foundation, BlockDAG stands as the best long-term crypto for those seeking to join a project poised for extraordinary growth.

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Best Wallet Token ($BEST) Price Prediction 2024 – 2030 https://readwrite.com/cryptocurrency/best-wallet-token-price-prediction/ Mon, 25 Nov 2024 11:51:42 +0000 https://readwrite.com/?post_type=commercial&p=426822 Best Wallet Token ($BEST) has just launched its presale campaign. This exciting project offers self-custody solutions via a user-friendly app.… Continue reading Best Wallet Token ($BEST) Price Prediction 2024 – 2030

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Best Wallet Token ($BEST) has just launched its presale campaign. This exciting project offers self-custody solutions via a user-friendly app.

Not to mention staking rewards, portfolio management tools, decentralized trading, and other popular features.

This guide provides a Best Wallet Token price prediction for its post-presale launch. Read on to determine whether $BEST is worth buying based on analyst forecasts.

Summary of Best Wallet Token ($BEST) Price Prediction 2024 to 2030

  • End of 2024: The Best Wallet Token presale will be ongoing throughout 2024. The current price is $0.02275 per $BEST. This provides a 9.7% upside based on the final presale rate.
  • End of 2025: The 100th and final presale stage is scheduled for May 2025. $BEST will be listed on exchanges shortly after. We predict a potential fully diluted market capitalization of $4 billion by the end of the year. This would represent a 17x upside for presale buyers.
  • End of 2030: Best Wallet could be one of the biggest self-custody ecosystems come 2023, so analysts are super-bullish on the long-term outlook. Similarly, we predict a potential valuation of $12 billion by 2030. This ambitious target would require a 53x upside from the current presale price.
Year Potential Low Average Price Potential High
2024 N/A N/A N/A
2025 $0.0455 $0.20475 $0.38675
2030 $0.47775 $0.84175 $1.20575

Best Wallet Token ($BEST) Price History

Best Wallet Token is currently a presale project, so it hasn’t been listed on any exchanges yet. The presale campaign is split across 100 stages. Each stage marginally increases the presale price. This ensures that early investors have the biggest first-mover advantage.

The initial presale price was $0.0225 per $BEST. Currently, the price is $0.02275. The final presale rate will be $0.024975. This is about 9.7% higher than the current stage. Crucially, the Best Wallet Token presale ends on May 30th, 2025.

Best Wallet Token presale

Based on historical trends, this time frame could align with the next altcoin season. Nonetheless, the presale event accepts $ETH and $USDT. It’s being conducted directly on the Best Wallet app, which you’ll need to download before investing.

No minimum investment requirements are needed, so the presale is suitable for any budget. The purchased $BEST tokens will be delivered to the same wallet after the presale ends. $BEST follows the ERC-20 standard, so it will be stored on the Ethereum blockchain.

Best Wallet Token ($BEST) Price Prediction 2024

We mentioned that the Best Token presale doesn’t conclude until May 2025. This means we can’t make a price prediction for 2024. After all, the exchange listings only occur once the fundraising event is over.

That said, the presale price increases as each stage finishes, so we know that early buyers can secure an immediate upside.

Here’s a quick overview of the key stages:

Stage Presale Price
1 $0.02250000
5 $0.02260000
10 $0.02272500
15 $0.02285000
20 $0.02297500
25 $0.02310000
30 $0.02322500
35 $0.02335000
40 $0.02347500
45 $0.02360000
50 $0.02372500
55 $0.02385000
60 $0.02397500
65 $0.02410000
70 $0.02422500
75 $0.02435000
80 $0.02447500
85 $0.02460000
90 $0.02472500
95 $0.02485000
100 $0.02497500

Best Wallet Token ($BEST) Price Prediction 2025

To recap, the presale ends on May 30th, 2025. The team will then list $BEST on exchanges. Several analysts believe that the $10 million hard cap target will be achieved. Also, considering that 4.5% of the $BEST supply will be sold to presale buyers, the project’s fully diluted market capitalization will be $225 million.

This is what our Best Wallet Token price prediction is based on. So, come Q2 2025, we believe that the crypto bull market will be in full swing. The Bitcoin price could be over $250,000, as per Standard Chartered. As such, the altcoin space could be trading at unprecedented levels.

Best Wallet review

This means Best Wallet Token could be launching on exchanges at the perfect time. Currently, the largest wallet-based token is Safe, which has a fully diluted market capitalization of about $1.1 billion. We, like other analysts, believe that $BEST’s valuation could surpass Safe by considerable multiples.

Based on the current presale price, $BEST would need to increase by 4.8x to align with Safe. $BEST could, however, hit a $4 billion valuation by the peak of 2025’s bull market. This would price $BEST at $0.38675 and require a presale upside of approximately 17x.

Best Wallet Token ($BEST) Price Prediction 2030 – Long-Term Outlook

As with most utility projects, the long-term outlook often provides the highest upside potential. The key metric for the project is the popularity of the Best Wallet ecosystem. After all, the more people use Best Wallet, the more likely it is that $BEST tokens will be in demand.

This is because $BEST tokens provide multiple use cases for wallet users. This includes lower wallet transaction fees, access to presale events before the general public, and enhanced staking APYs. Not to mention governance rights, which enable holders to vote on project decisions.

With this in mind, our most bullish Best Wallet Token price prediction is $1.20575 by the end of 2030. This would command a fully diluted market capitalization of about $12 billion. Achieving this feat would convert to a 53x upside based on the current presale price.

However, if Best Wallet isn’t a top-five wallet provider by the end of the decade, our token price forecast is reduced to $0.47775. This would value Best Wallet Token at about $4.7 billion, meaning a 21x upside from current presale rates.

Likely Highs & Lows of Best Wallet Token ($BEST)

Let’s summarize our Best Wallet Token price predictions, with our estimated highs and lows:

Year Potential Low Average Price Potential High
2024 N/A N/A N/A
2025 $0.0455 $0.20475 $0.38675
2030 $0.47775 $0.84175 $1.20575

What Is Best Wallet Token ($BEST)

$BEST is the native token backing Best Wallet – a decentralized wallet offering self-custody storage. At its core, Best Wallet enables users to store crypto assets without needing to trust centralized platforms. It supports over 60 blockchain networks, including Ethereum, Solana, and BNB Chain.

Best Wallet download

Best Wallet crypto wallet also supports decentralized transactions, meaning users can send and receive funds without needing approval. That said, Best Wallet offers many other features, meaning its self-custody wallet provides access to an extensive ecosystem.

This includes:

  • A decentralized exchange, where the best market prices are aggregated from external liquidity pools. Users can instantly swap tokens without revealing their identity.
  • Fiat on-ramp services, allowing users to buy crypto with convenient payment methods. This includes Visa, MasterCard, Google/Apple Pay, and PayPal.
  • Staking tools, ensuring wallet users maximize their idle crypto investments. Those holding Best Wallet tokens get the highest APYs.
  • Seamless access to the best crypto presales. $BEST holders get early access, resulting in the lowest cost basis and the most attractive valuation.

Other features, some of which are being worked on, include derivative trading, advanced order types, portfolio management tools, and an iGaming hub. Crucially, all products and services connect to the Best Wallet balance. As such, users can access all of their crypto needs via one safe place.

Note: If you are interested in learning how to invest in this presale, check out our guide on how to buy Best Wallet token.

What Factors Influence the Price of Best Wallet Token ($BEST)

Investors should keep tabs on the following factors, which could determine the $BEST price potential: 

  • Presale Success: The Best Wallet Token presale has set a modest hard cap of about $10 million. Our price predictions are based on the target being achieved. This would provide a stamp of approval from the wider markets, meaning the exchange launch could be a huge success. 
  • Wider Market Sentiment Upon Launch: Equally important is broader sentiment in the crypto space. Come May 2025, most experts believe that the bull market will be in full swing. This would likely benefit the $BEST price accordingly. However, if the markets are bearish when $BEST launches, its price could decline. 
  • Wallet Users: Best Wallet’s success will also be determined by how many users it can onboard. After all, it needs people to use its products and services. Otherwise, $BEST tokens will have little demand. Therefore, keeping an eye on reported figures (e.g., monthly active users) is crucial. 
  • Exchange Listings: The importance of exchange listings shouldn’t be understated. For example, consider that Pepe increased by 51% in just one day after Coinbase and Robinhood announced they would list the meme coin. Ultimately, Best Wallet Token could be the next crypto to explode if it secures similar listings. This is because tier-one exchanges boast millions of daily active users. 

Conclusion

Our Best Wallet Token price prediction has covered everything investors need to know. We’ve explored the presale event and the projected valuations once $BEST is listed on exchanges. 

Our best-case forecast for 2025 is $0.38675, which is 17x higher than the current presale rate. Come 2030, we believe that Best Wallet Token could be a $12 billion ecosystem. 

However, ensure you conduct your own research before proceeding. These price predictions are speculative.

FAQs

What will the value of Best Wallet Token ($BEST) be by the end of 2025?

Is Best Wallet Token ($BEST) a good investment?

References

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Don’t Miss Out on Ledger’s Exclusive Black Friday 2024 Deals https://readwrite.com/dont-miss-out-on-ledgers-exclusive-black-friday-2024-deals/ Mon, 25 Nov 2024 09:44:25 +0000 https://readwrite.com/?p=426831 Ledger Black Friday Sale

Crypto enthusiasts worldwide are in for a treat this Black Friday. Ledger, one of the leading names in secure cold… Continue reading Don’t Miss Out on Ledger’s Exclusive Black Friday 2024 Deals

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Ledger Black Friday Sale

Crypto enthusiasts worldwide are in for a treat this Black Friday. Ledger, one of the leading names in secure cold storage wallets, has rolled out some exciting deals that are hard to miss.

Whether you are new to crypto or a seasoned trader, Ledger’s exclusive Black Friday 2024 event offers incredible discounts on their popular hardware wallets alongside massive Bitcoin rewards. These include exciting rewards from $70 in Bitcoin rewards to up to 40% off their premium hardware wallets.

It’s worth noting that these offers are only valid until December 5, 2024, with only a few days left to secure your crypto at exclusive prices.

Massive Savings on Ledger Products for Black Friday 2024

With its Black Friday 2024 event, Ledger wants to make crypto management accessible and secure for everyone. Here’s what you can get:

$70 Bitcoin Bonus with Ledger Flex

One of the star deals this Black Friday is Ledger’s latest hardware wallet—Ledger Flex. This wallet is known for its touchscreen interface, secure E Ink display and customization features. It’s perfect for managing cryptos and NFTs.

Ledger Flex - black friday deal

Supporting thousands of different coins and tokens, the Ledger Flex is a sleek and versatile choice for those looking to upgrade their crypto security.

When you buy the Ledger Flex during the Black Friday sale, you’ll receive $70 worth of Bitcoin as a bonus.

Save Big on Ledger Nano Wallets

The Black Friday deals also extend to the popular Ledger Nano range. This includes the Ledger Nano S Plus and Ledger Nano X, both of which are now available at up to 40% off.

These models have been well-loved by beginners and experts for their combination of affordability, convenience, and high-level security.

  • Ledger Nano S Plus: The Nano S Plus is a perfect entry-level option for beginners, with all the essentials. It’s available in Matte Black and Amethyst Purple for just $47, marked down from $79.
  • Ledger Nano X: The Nano X is a mobile-first wallet perfect for managing crypto on the go. Originally priced at $149, it’s now available for only $89 in stylish new colors.

Accessories and Bundles

Ledger's black friday deal on accessories

It’s not just wallets on offer—Ledger also offers up to 25% off select accessories. From Cryptosteel Capsules to Ledger Nano Family Packs, you’ll find plenty of options to round out your crypto management setup. These are also ideal for gifts, especially for anyone looking to get into the world of cryptos.

Why Pick Ledger Wallets This Black Friday?

Ledger has built a reputation for providing top-notch security for digital assets. Their wallets have Secure Element chips to ensure the highest protection level. Paired with Ledger Live integration, these wallets not only secure your crypto but also make managing, staking, and swapping easy for all levels of users.

In light of recent security concerns across crypto exchanges, there has never been a better time to choose cold storage. With a Ledger hardware wallet, your private keys are kept offline, protected from the vulnerabilities that exchanges or software wallets face. Ledger’s multi-device connectivity and staking capabilities add to the convenience and ensure that security doesn’t come at the cost of usability.

How to Redeem Your Ledger Black Friday Rewards

Want to get started? Here’s how to claim your rewards during Ledger’s Black Friday event:

  • Add Eligible Items to Your Cart: Purchase a Ledger Flex or any qualifying bundle.
  • Receive Your Voucher: Look for the Bitcoin voucher inside the box after receiving your device.
  • Create a Ledger Live Account: If you haven’t already, download the Ledger Live app and create a referral account through the ‘Refer a Friend’ feature.
  • Redeem Your Reward: Scratch the back of the voucher to reveal your unique code, and follow the on-screen instructions within Ledger Live to redeem your reward.
  • Claim Your Bitcoin: The reward will be available in your account after a 30-day verification period. Please note that the redemption codes are valid for 1 year from purchase.

Eligibility:

Offer applies to purchases made on Ledger.com between November 21, 2024, and December 5, 2024. Eligible products include:

  • Ledger Flex ($70 Bitcoin bonus).
  • Ledger Recover ($10 Bitcoin bonus).
  • Ledger Flex + Recover Bundle ($80 Bitcoin bonus).

Fresh Colors and Personalized Options

One of the standout features of Ledger’s Black Friday deals is the limited-edition colors available for the Ledger Nano S Plus and Nano X. Colors like Retro Gaming, Amethyst Purple, and Pastel Green have already become crowd favorites.

Ledger's black friday deal on exclusive colors

Additionally, the Ledger Flex allows you to personalize your device further by displaying NFTs directly on its E Ink secure display.

Is Now the Right Time to Start Your Crypto Journey While the Market Booms?

As Bitcoin continues to show promising market trends, this Black Friday could be the ideal time to start or expand your crypto journey. A secure cold storage solution like Ledger’s hardware wallet provides peace of mind and protects your assets from online threats during volatile times.

With Bitcoin rallying, Ledger’s Black Friday deals provide a timely opportunity to not only get secure storage but also receive extra Bitcoin to add to your growing portfolio.

Don’t Miss Out on Ledger’s Black Friday Deal

This Black Friday, Ledger offers exciting deals to help you secure your crypto investments with confidence. Whether it’s the advanced Ledger Flex with a $70 Bitcoin bonus or massive discounts on Ledger Nano wallets and accessories, there’s something for every user.

But remember, these deals are available only until December 5, 2024, or while supplies last. Visit Ledger’s official website to make your purchase today.

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ShepskyAI ($SEKY) Revolutionizes Crypto Trading with AI-Powered Real-Time Insights https://readwrite.com/shepskyai-seky-revolutionizes-crypto-trading-with-ai-powered-real-time-insights/ Sat, 23 Nov 2024 10:00:10 +0000 https://readwrite.com/?p=423335 ShepskyAI homepage

A hot new project making huge waves amid this crypto bull run is ShepskyAI ($SEKY). It’s an innovative AI-powered platform… Continue reading ShepskyAI ($SEKY) Revolutionizes Crypto Trading with AI-Powered Real-Time Insights

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ShepskyAI homepage

A hot new project making huge waves amid this crypto bull run is ShepskyAI ($SEKY). It’s an innovative AI-powered platform that aims to transform the crypto landscape by offering real-time insights to traders and investors across the globe.

Since it’s built on sophisticated large language model (LLM) technology, ShepskyAI combines the power of AI with the fun of meme coins.

The platform wants to offer users a new way to gain insights into blockchain and crypto markets via its advanced AI-driven platform and reward them for their support.

Shepsky recently launched a presale for its native $SEKY token. Early buyers have a limited time to buy these tokens at a discounted price.

AI-Driven Strategies for Timing the Crypto Market

ShepskyAI homepage

ShepskyAI’s LLM model is similar to OpenAI’s GPT but has a unique twist. It wants to provide users with real-time responses to their crypto-related inquiries.

Still curious about why $SEKY could be worth exploring? Here are some key advantages of investing in ShepskyAI:

  • AI-Driven Real-Time Analysis: ShepskyAI provides users with instant, data-backed answers to crypto-related questions. It can help you make smarter investment decisions to better time the market.
  • Early-Bird Perks: By joining the presale, you get a stake in ShepskyAI before it officially hits decentralized and centralized exchanges. This means potential early gains as the platform grows in popularity. You can gain early access to platform features and be eligible for exclusive bonuses, giving you a head start and unique advantages over late buyers.
  • Special Perks for Token Holders: $SEKY token owners get access to unique benefits on the ShepskyAI platform, like detailed analytics, early access to new features, and top-tier AI insights.
  • Staking Opportunities: $SEKY holders can stake their tokens to earn high rewards. Out of the total supply of 20 billion tokens, the platform has allocated 15% of the tokens for staking.
  • Engagement and Community: ShepskyAI aims to build a community by providing an interactive environment where users can influence the platform’s future via staking and voting mechanisms.
  • Constant Improvements Driven by Community Feedback: ShepskyAI regularly updates its platform based on user suggestions to ensure it stays focused on meeting users’ needs and delivering a better experience.

How to Participate in the $SEKY Presale

ShepskyAI is offering $SEKY tokens to early buyers at an attractive price in its limited-time presale. Moreover, the presale will end once 40% (8,000,000,000) of the tokens are sold out. Here’s how you can join:

  • Create a Wallet: Set up a compatible crypto wallet, such as MetaMask or Trust Wallet.
  • Add Funds: Transfer ETH, BNB, or USDT to your wallet. You can check out the list of supported cryptos on its official website.
  • Connect Wallet: Visit ShepskyAI’s official presale page and connect your wallet.
  • Buy $SEKY Tokens: Select the number of tokens you wish to buy and confirm the transaction.
  • Claim Tokens: Once the presale ends, all purchased tokens will be available for claiming.

Excitement Builds Around the ShepskyAI Launch

Many investors are quite excited about the ShepskyAI launch because it comes at a time when the intersection of AI and crypto is gaining significant traction. By offering a platform that delivers accurate, real-time insights, ShepskyAI wants to position itself as a valuable tool for traders.

With the ongoing buzz in the crypto space, ShepskyAI is set to capture the interest of traders, investors, and enthusiasts looking for a smarter way to navigate the complexities of blockchain.

ShepskyAI roadmap

The project roadmap includes several key milestones that can further improve the user experience, such as the release of the ShepskyAI app, upcoming exchange listings, and community airdrops to reward early adopters.

It’s also worth mentioning that the platform undergoes regular audits, and the WalletConnect integration further ensures safe user transactions, making it a reliable choice for anyone exploring AI-driven crypto solutions.

Interested buyers can follow ShepskyAI on X (Twitter) and join its Telegram channel to get the latest news.

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BloFin Introduces $1M War of Whales Competition for Futures Traders https://readwrite.com/blofin-introduces-1m-war-of-whales-competition/ Thu, 21 Nov 2024 09:11:40 +0000 https://readwrite.com/?p=425982

The popular crypto derivatives platform BloFin has recently rolled out an exciting new contest for futures traders called the War… Continue reading BloFin Introduces $1M War of Whales Competition for Futures Traders

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The popular crypto derivatives platform BloFin has recently rolled out an exciting new contest for futures traders called the War of Whales (WOW). With a massive $1 million prize pool, traders from all over the world can enter to compete for these rewards.

Whether you’re an individual trader aiming to dominate the individual charts or a team member fighting for collective achievement, BloFin’s War of Whales offers an exciting opportunity to capitalize on your trading skills.

Important Dates—Registration and Competition Timeline

Traders have limited time to register and participate in BloFin’s War of Whales contest. Registration is open from November 6 to November 21, 2024 (12:00 UTC), and the competition itself runs from November 12 to December 12, 2024 (12:00 UTC).

Before participating in this competition, it’s crucial for you to learn futures trading fundamentals and the associated risks.

Understanding the Prize Pool Allocation

Prize Pool allocation

The competition offers a total prize pool of $1 million, distributed across different categories. These categories cater to team and individual performances and reward high trading volumes and consistent profitability. 

Whether you’re aiming for volume or focusing on maximizing returns, there are multiple ways to secure your share of the pool. Here’s how the prize pool is allocated:

  • 40% for Team Trading Volume
  • 35% for Team PNL%
  • 15% for Individual Trading Volume
  • 10% for Individual PNL%

“PNL%” here refers to the ‘Profit and Loss Percentage.’ This figure shows how much you’ve gained or lost in a trade or investment, expressed as a percentage of your initial amount. It helps you measure performance and compare results across different trades.

Individual Rewards for Top Traders

The War of Whales event offers individual prizes based on trading volume and PNL%, with the top 50 participants in each category receiving rewards. Here’s how the individual prize pool is distributed:

  • 1st place: 20% of the prize pool
  • 2nd place: 12% of the prize pool
  • 3rd place: 7% of the prize pool
  • 4th-10th place: 3% each
  • 11th-50th place: 1% each

Rules for Team Battles

In addition to the individual events, team competitions are a core element of the War of Whales event. Any user from a BloFin-supported country can join or create a team to participate in these group challenges.

BloFin WoW Team Competition ranking

To qualify for team rewards, teams must have a minimum of 10 members, including a captain. Teams that do not meet this requirement can still participate in the individual trading contests but won’t be eligible for team-based prizes.

Trading Volume Category

  • First place team: 10% of the prize pool
  • Second place: 8%
  • Third place: 6%
  • Fourth place: 5%
  • Fifth place: 3.5%
  • Teams ranking 6th through 50th receive 1.5% each

Team Competition Details

  • Team Trading Volume: Rankings are determined by the combined trading volume of all members, including the captain. Top teams receive rewards based on their cumulative volume.
  • Team PNL%: Rankings are calculated using the average PNL% of the top 10 members of the team who meet the criteria of PNL% > 0 and trading volume ≥ 10,000 USDT. If fewer than 10 members qualify, the average will be based on the eligible participants.

Exclusive Rewards for Team Captains and KOLs

Team captains and influential traders (Key Opinion Leaders, or KOLs) are also eligible for special perks throughout the competition.

  • Team Captain Rewards: The top three captains of teams with the highest trading volumes are rewarded with 1,000 USDT for first place, 500 USDT for second, and 200 USDT for third.
  • Team Rewards Distribution: Captains get 10% of their team’s prize pool directly, with the rest distributed among team members according to their contribution.

Eligibility Rules and Participation Requirements

To participate in the competition, traders must ensure they meet specific requirements. Each team member must have at least 10,000 USDT in cumulative futures trading volume to qualify for rewards.

Participants should also be mindful of the following:

  • Team Switching: If users switch teams, their trading volume and PNL% for the new team are reset.
  • Individual Performance: Individual trading volume and PNL% remain unaffected by team changes.

To maintain fairness, it’s also crucial to note that trading volume from exclusive BloFin events outside of the War of Whales does not count towards this competition. For instance, copy trading volume is excluded from calculations.

Steps to Register and Participate

Here’s how traders can get started with the War of Whales competition:

  • Sign Up: Visit BloFin’s official website and click ‘Sign Up’ to create an account using an email and password. You can also use a Google or Apple ID to register quickly.
  • Join or Create a Team: Go to the War of Whales event page to find an existing team to join or create a new team. You can also invite friends or community members to participate.
  • Start Trading Futures: Log in to BloFin’s trading platform and begin trading futures to climb the leaderboards.

If a new user registers via a KOL invitation link, they will be automatically added to that KOL’s team upon account creation.

Conclusion

The War of Whales competition by BloFin is an exciting opportunity for individual traders and teams to test their trading skills and get a slice of the massive $1 million prize pool.

All qualified participants will receive rewards within seven business days after the competition ends. The competition is open to users from all BloFin-supported regions, including API and VIP users.

For detailed information about the War of Whales competition or to register, visit BloFin’s official website.

References

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Latest Update On Margex TradingView Integration: One-Click Quick Trading https://readwrite.com/margex-partners-with-tradingview-to-offer-one-click-fast-trading/ Wed, 20 Nov 2024 11:16:49 +0000 https://readwrite.com/?p=425259 Margex TradingView Partnership

Leading crypto derivatives exchange Margex recently upgraded its partnership with prominent chart provider TradingView. This development introduced a new feature… Continue reading Latest Update On Margex TradingView Integration: One-Click Quick Trading

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Margex TradingView Partnership

Leading crypto derivatives exchange Margex recently upgraded its partnership with prominent chart provider TradingView. This development introduced a new feature that enables users to place crypto trade orders with a single click, providing traders with a competitive advantage.

This isn’t the first time the Margex and TradingView collaboration has brought enhancements to benefit digital asset traders. Tools like simultaneous pair viewing and a multi-chart display were developed from the partnership to help users find more market opportunities across various token pairs and markets.

Understanding Margex and TradingView

Margex’s integration with TradingView’s advanced charting tool has unlocked over 100 technical indicators, 110 drawing tools, and upwards of 17 chart types that users can access directly within the Margex platform. The partnership allows users of the Seychelles-based exchange to analyze crypto price trends without having to leave the trading platform.

The one-click quick trading function is the most recent upgrade from the partnership. Users can implement the new feature on their Margex trading charts for fast and seamless order placements. 

How One-Click Trading Works

margex-oneclick-trading

The one-click trading tool supports two types of quick trading features. They can be used independently of each other, meaning users can activate both at the same time. Let’s detail the two features:

  • Quick Trading Market Order: Traders can toggle this feature to instantly execute a market order by clicking on the chart. The trade is completed at the current market price.
  • Quick Trading Limit Order: Users implementing this feature can place a limit order by clicking above or below the current price. Clicking above the price places a ‘Sell’ order, while clicking below initiates a ‘Buy’ order.

Quick trading through the one-click tool is particularly useful for strategies that require rapid response to market changes. Additionally, Margex users can employ the feature for intra-day swing trading, allowing them to better catch price bottoms or peaks.

About Margex

Launched in 2019, Margex is a crypto trading platform specializing in futures trading. The exchange prioritizes security, user-friendliness, and fast trade processing times. In fact, our Margex review found that the platform can accommodate 100,000 transactions a second. 

Additionally, Margex’s liquidity pooling system allows it to tap into a deep order book, giving its user base of over 500,000 the best entry and exit prices on its trades. 

Beyond its capabilities as a crypto exchange, Margex is also one of the top crypto staking platforms with up to 5% annual returns and five supported tokens.

Why Consider Margex in 2024?

As a crypto derivatives trading platform, Margex offers the most advanced tools and instruments for experienced traders to succeed. Users can access 100x leverage on futures pairs, rivaling the margin amounts of some of the best crypto futures trading platforms. These features complement the exchange’s deep liquidity and robust security.

However, Margex benefits beginner traders just as well as its advanced users. With features such as copy trading, a user-friendly layout, and demo trading, the crypto exchange is well-equipped to meet the current market demands for crypto products beyond trading.

Other features that make Margex relevant include a mobile app and a built-in crypto conversion tool that lets users swap any listed tokens with one another at no additional cost.

How to Use One-Click Trading at Margex

Here are some simple steps to set up the one-click quick trading feature on Margex.

  • Create an Account: Sign up on the Margex website, which requires your email and password. Alternatively, you can register using a Google account or Apple ID.
  • Access the Charts: Navigate to the ‘Rade’ section to access the TradingView interface.
  • Set Order Parameters: On the chart layout’s left side (order form), select your desired leverage, prices, and order type.
  • Enable Quick Trading: To enable the feature, click the lightning icon near the ‘Indicators’ tab and select the options for market or limit orders. Users can set one or both of the quick trading features, depending on their preference.

Final Thoughts

The latest update on the Margex-TradingView integration gives traders new tools to build new trading strategies and leverage the exchange’s advanced indicators to capitalize on investment opportunities. These upgrades have significantly improved the overall crypto futures trading experience.

Set up one-click quick trades today and join over 500,000 users on the Margex platform who get access to 100x leverage on crypto futures pairs.

Get the latest updates on Margex through:

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BlockDAG Completes Mainnet Development But Could it Hit $30 by 2030? Toncoin Price Rally & SUI Market Correction Scrutinized! https://readwrite.com/blockdag-completes-mainnet-development-but-could-it-hit-30-by-2030-toncoin-price-rally-sui-market-correction-scrutinized/ Tue, 19 Nov 2024 15:27:26 +0000 https://readwrite.com/?p=425094

The crypto market is alive with price predictions to excite investors, alongside market corrections that benefit those taking profits. The… Continue reading BlockDAG Completes Mainnet Development But Could it Hit $30 by 2030? Toncoin Price Rally & SUI Market Correction Scrutinized!

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The crypto market is alive with price predictions to excite investors, alongside market corrections that benefit those taking profits. The Toncoin price rally is expected to march on as TON surpasses the 50-day EMA, while SUI dips due to a broader market correction.

However, the big news right now is the bullish sentiment for BlockDAG (BDAG), supported by the flawless roadmap the project has adhered to. Having raised over $123.5 million, the network has now officially completed its mainnet development and moved on to the audit phase. Moreover, its ongoing BULLRUN100 offer, which is ending in 9 days, provides 100% extra BDAG coins and early airdrop access, which has driven demand to record highs. 

Toncoin Price Rally Signals New Interest From Whales

The Toncoin price rally has captured the crypto community’s attention, with market indicators pointing to a potential upswing in the coming days. The recent price movement has surpassed the 50-day EMA, and investors remain optimistic about an extension if it breaks through the 100- and 200-day EMAs.

Analysts believe this rally could persist, noting sustained buying interest from whales without any significant sell-offs. This rally marks a notable departure from Toncoin’s recent stagnation and highlights renewed interest from major investors.

SUI Token Price Sees Market Correction: What’s Coming?

After weeks of growth, the SUI token price has encountered a dip, aligning with a broader market correction. This price pullback saw the SUI token drop below the $3 mark, sparking mixed reactions among holders. Open Interest (OI) metrics indicate weakened bullish momentum, reflecting lower demand and possible profit-taking by investors.

Additionally, the Weighted Sentiment, a metric that tracks social media mentions, has turned negative for the SUI token price, suggesting that sentiment may continue to challenge demand. However, if buying pressure returns, the SUI token price could rebound above $3, presenting an opportunity for a resurgence. 

BlockDAG Mainnet’s Audit Phase Kicks In: $30 Coin Price Next?

As the market watches Toncoin’s rally and SUI’s rebound from recent lows, BlockDAG has commanded the spotlight with its historic presale achievements and successful roadmap.

This project’s presale has raised over $123.5 million, selling more than 15.4 billion coins and generating an impressive 2240% ROI for early backers. The 25th batch of the project’s presale recently sold out, with the coin value increasing to $0.0234. These consistent price surges are attracting thousands of new holders daily.

Many analysts now forecast a $30 BDAG coin valuation by 2030, driven by BlockDAG’s unique use of Directed Acyclic Graph (DAG) technology, which merges the efficiency of DAGs with blockchain’s security, creating a scalable yet secure network architecture. The mainnet development has just concluded, advancing the project into the audit phase and bringing it much closer to the official launch.

As the presale nears its final stages, BlockDAG’s limited BULLRUN100 code offers holders a 100% bonus on purchases and early airdrop access to their BDAG coins. This code is expected to expire in less than 9 days, pushing demand for BDAG coins to record highs. 

Rounding Up: Best Long-Term Crypto Investments

Traders are spoiled for choice during this bull run, with the market remaining bullish and likely to remain so for the next several months. Many are closely monitoring projects like Toncoin and SUI, with Toncoin’s price rally attracting new interest from major investors and SUI experiencing market corrections.

Amid these shifts, BlockDAG is steadfastly adhering to its roadmap and achieving all its targeted milestones. The project has raised over $123.5 million, dropped a limited-time BULLRUN100 offer, and completed its mainnet development. This progress entices holders to double their holdings and urges those on the sidelines to seize the opportunity before the offer concludes!

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Bitcoin ATH Ledger Promo: Get $20 worth of BTC on Every Ledger Flex Orange Bitcoin Edition Purchase https://readwrite.com/bitcoin-ath-ledger-promo-get-20-worth-of-btc-on-every-ledger-flex-orange-bitcoin-edition-purchase/ Tue, 19 Nov 2024 14:19:39 +0000 https://readwrite.com/?p=424685 ledger flex

Ledger, a renowned cryptocurrency wallet provider, has unveiled a limited-time offer featuring their groundbreaking touchscreen crypto wallet. Customers who purchase… Continue reading Bitcoin ATH Ledger Promo: Get $20 worth of BTC on Every Ledger Flex Orange Bitcoin Edition Purchase

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ledger flex

Ledger, a renowned cryptocurrency wallet provider, has unveiled a limited-time offer featuring their groundbreaking touchscreen crypto wallet. Customers who purchase the Ledger Flex Orange Bitcoin Edition will receive $20 worth of Bitcoin as part of the promotion.

This offer celebrates Bitcoin’s record-breaking price surge, exceeding $93k all-time highs. The crypto milestone has reinvigorated the blockchain industry, marking the start of a new Bitcoin bull market.

Ledger Flex Promo Explained

The Ledger promotion rewards buyers of the BTC Orange variant of their flagship Ledger Flex device with $20 in Bitcoin. The offer runs until Black Friday, giving ample time for customers to secure the exclusive deal.

It’s important to note that purchasing only the Ledger Flex Orange Bitcoin Edition, which is the BTC Orange color variation of the Ledger Flex, comes with a $20 Bitcoin voucher.

This initiative from Ledger promotes digital asset security, an increasingly essential feature given the rising prices of Bitcoin and some of the best altcoins, such as Ethereum and Solana. Now that investors’ crypto holdings have become even more valuable, safe cold storage solutions are paramount.

What is the Ledger Flex Orange Bitcoin Edition?

Released in 2024, the Ledger Flex is the latest hardware wallet innovation by Ledger. Designed to bridge the gap between accessibility and security, the device combines convenience and top crypto security features for the best cold wallet experience.

Furthermore, the Ledger Flex Orange Bitcoin Edition is a more stylish variation of the standard Graphite-colored hardware wallet device. The additional orange accents on the Ledger Flex reflect Bitcoin’s brand color, which, according to Cointribune, symbolizes freedom and ambition.

All Ledger Flex devices support over 5,500 crypto assets, NFTs, and connectivity via USB-C, Bluetooth, and NFC. The product’s most stunning feature is its 2.84” grayscale E Ink® touchscreen, a secured display directly connected to its Certified Secure Element (CC EAL6+) chip.

Top Reasons to Use Ledger in 2024

Ledger has been a crypto hardware wallet stalwart since 2015, with millions of devices sold and none ever hacked. Aside from this stellar track record, Ledger continues to innovate in the industry, as seen in its latest wallet lines—the Ledger Flex and the more premium Ledger Stax. They’re the first-ever cold wallets to feature the secure E Ink touchscreen.

ledger flex

Moreover, Ledger’s reliability and trustworthiness extend beyond its hardware capabilities. The French-based startup provides extensive customer support for Ledger wallet holders through email and live chat assistance.

While software wallets and exchanges are user-friendly, the level of security they can provide is limited since users don’t own the wallet’s private keys. Conversely, hardware wallets are more complicated to use, requiring more steps to manage cryptocurrencies but giving users complete control of their wallet keys.

Crypto investors who prioritize crypto ownership without sacrificing usability would greatly benefit from Ledger Flex’s secure touchscreen and compatibility with multiple devices through the Ledger Live app.

How to Get The $20 BTC Voucher

Follow these steps to protect your assets with the Ledger Flex Bitcoin Orange Edition and claim your bonus:

  • Visit Ledger: Head to the Ledger website and navigate to the Ledger Flex product page.
  • Add to Cart the BTC Orange Edition Ledger Flex: Select the “BTC Orange” color to qualify for the promotion. Click “Add to Cart” to list the item for purchase.
  • Complete the Checkout: Review the order to confirm the Bitcoin gift card is included. It should say ‘Gift Card – $20 of Bitcoin’. Proceed to checkout and complete your payment.
  • Redeem the $20 Voucher: Once you receive your newly purchased Ledger Flex, follow the instructions on the physical $20 voucher to redeem the Bitcoin.

Conclusion

Bitcoin’s rise to unprecedented price levels calls for all investors to better secure their assets with a dependable hardware wallet. Seize Ledger’s limited-time promotion to protect your crypto assets with the Ledger Flex Orange Bitcoin Edition while enjoying a $20 Bitcoin bonus.

The offer is valid until Black Friday, November 29, 2024—don’t miss the chance to earn extra rewards and safeguard your crypto holdings.

Get the latest Ledger updates via:

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BlockDAG’s BULLRUN100 Offer Sparks Huge Buyer Demand as Presale Hits $121.3M! Raydium Rises While CETUS Token Listing Peaks Interest https://readwrite.com/blockdags-bullrun100-offer-sparks-huge-buyer-demand-as-presale-hits-121-3m-raydium-rises-while-cetus-token-listing-peaks-interest/ Fri, 15 Nov 2024 15:45:34 +0000 https://readwrite.com/?p=423490 Dozens of new cryptocurrencies pop onto the scene every day. From memecoins to altcoins, navigating this constantly changing space can… Continue reading BlockDAG’s BULLRUN100 Offer Sparks Huge Buyer Demand as Presale Hits $121.3M! Raydium Rises While CETUS Token Listing Peaks Interest

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Dozens of new cryptocurrencies pop onto the scene every day. From memecoins to altcoins, navigating this constantly changing space can be challenging. But there are a few projects that are showing numbers that are impressing crypto traders.

The Raydium crypto price is seeing a decent rise after recent lows while Cetus’ new token listing has pushed the project to a new high. On the other hand, BlockDAG (BDAG) is in a league of its own seeing a consistent increase since its inception with a huge $121.3 million raised.

To top it off, BlockDAG has launched the BULLRUN100 offer, which gives buyers a 100% bonus on all coin purchases and early access to the airdrop. The crazy presale numbers and the bonus offer, which has become a huge hit among buyers, are putting it in the running to be the next big crypto.

Raydium Crypto Price Rises

Raydium crypto price is exciting investors as its value continues to soar, outperforming many other assets this year. The Raydium crypto price recently hit its highest level this year, fueled by the token’s strong performance on the Raydium decentralized exchange (DEX).

This substantial surge is largely attributed to heightened demand and increasing DEX activity, as Raydium’s total value locked (TVL) and token liquidity climbed. Raydium Crypto Price skyrocketed by over 276% from its September lows, bringing significant returns to early investors. Raydium Crypto Price could continue on this upward trajectory, offering investors growing assets in the current bull cycle.

CETUS Token Listing Boosts Investor Confidence 

The CETUS token listing on Binance has sparked a rapid price surge that has benefited its investors. The CETUS token listing drove CETUS to a new high, peaking at $0.3037 as trading volume spiked to $178.6 million within 24 hours.

This surge follows a strategic accumulation by a prominent whale investor, who saw impressive unrealized profits after the Binance announcement. The CETUS token listing has increased interest in the Cetus Protocol. As the market response and whale activity grows, the asset is becoming a sought-after investment.

BlockDAG’s Turning Out to Be The Next Big Crypto: Here’s Why

BlockDAG is taking center stage as a breakout crypto for early backers. The reason is that this layer 1 project combines visionary technology with unbeatable incentives like its new BULLRUN100 bonus, which doubles coin purchases and gives traders exclusive, early access to the airdrop.

Now in batch 25, the presale has raised over $121.3 million, yielding a remarkable 2,100% ROI for early traders who joined from the beginning. The coin is now trading at $0.022 per coin, up from $0.001. The coin is still priced low enough for new traders to get involved on the ground level and grow with the project.

The platform uses Directed Acyclic Graph (DAG) technology to ensure lightning-fast transaction speeds and unmatched scalability, propelling BlockDAG far ahead of other blockchain projects in development and real-world functionality.

Unlike many projects that lag on delivery, BlockDAG is already ahead of schedule on its roadmap, proving its team’s commitment to rapid and effective growth. Having already launched the testnet and with the mainnet development nearing completion, the project is giving traders every reason they need to get involved.

While other tokens like Raydium and Cetus have brought significant gains to early backers, BlockDAG’s combination of low entry price, an ambitious roadmap, and advanced technology make it a great option for new and seasoned traders.

When The Next Big Crypto Knocks — Answer!

This fourth quarter is stirring up a lot of excitement and traders are jumping at the opportunities to strike while the iron is hot! The current bull run should last anywhere from 5 to 8 months, according to market experts. That means the moves traders make now could be the biggest of their crypto journeys.

Raydium and CETUS have a lot of potential to continue their upward momentum but it is BlockDAG that is really paving the way for itself and its holders. With its limited-time BULLRUN100 in full swing and the presale continuing to garner support, the project is in a perfect position to see acceleration reminiscent of the blockchain legacies.

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BlockDAG’s BULLRUN100 Code Steals The Show for Giving Holders Early Airdrop Access While Ethereum Price Surges & Tron Network Grows https://readwrite.com/blockdags-bullrun100-code-steals-the-show-for-giving-holders-early-airdrop-access-while-ethereum-price-surges-tron-network-grows/ Fri, 08 Nov 2024 15:38:45 +0000 https://readwrite.com/?p=419943 Tron’s transaction volume surged to a staggering 238.6 million in October as it marked its eighth month of continuous growth.… Continue reading BlockDAG’s BULLRUN100 Code Steals The Show for Giving Holders Early Airdrop Access While Ethereum Price Surges & Tron Network Grows

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Tron’s transaction volume surged to a staggering 238.6 million in October as it marked its eighth month of continuous growth. Meanwhile, Ethereum has broken above $2,600, sparking strong buying interest as investors watch for a potential breakthrough at $2,650 amid election excitement.

On the other hand, BlockDAG is once again in the spotlight with explosive growth and major milestones like the X1 Miner app reaching over 200,000 active users and TG Tap Miner users hitting 70,000. Adding to the appeal, BlockDAG has now launched an exclusive BULLRUN100 bonus that offers holders a prime opportunity to get early access to its airdrop before it hits exchanges.

Tron Network Growth Soars with 238.6M Transactions

The Tron Network continued its upward trajectory for the eighth consecutive month, with the previous month seeing massive transaction growth. On-chain data shows that Tron processed 238.6 million transactions in October, an increase of 8.15% from September.

October 24th saw a yearly high with 10.46 million daily transactions, while daily volumes consistently stayed above 6.5 million. This growth has been fueled by the popularity of meme coins and the recent launch of SunPump, a meme coin-focused platform, boosting Tron’s revenue. By October 30th, Tron accounted for 43% of transactions among top altcoin blockchains, reaffirming its dominance in transaction processing.

Ethereum Price’s Surge to $2,600 Sparks Investor Interest

Ethereum has shown strong momentum, rising above $2,600 as market excitement builds. On November 6, 2024, ETH saw a significant push, driven by anticipation of a pro-crypto administration in the U.S. election.

Currently, Ethereum’s RSI is at 77.61, signaling a high level of buying interest but also hinting at potential short-term profit-taking. This strong buying trend reflects broader market confidence, as ETH’s increased volume highlights the enthusiasm among investors. If Ethereum breaks past the resistance level of $2,650, it could position itself for further gains, making it one of the key assets to watch in this bullish market environment.

BlockDAG’s BULLRUN100 Bonus & Milestones Fuel Demand

As the crypto market heats up, Ethereum and Tron are drawing attention, but BlockDAG is quickly emerging as the hidden gem for traders chasing huge gains. Its next-gen ecosystem and growing popularity have positioned BlockDAG as the crypto project to watch.

BlockDAG has also been on a bit of a milestone streak, with the X1 Miner app recently hitting a milestone of over 200,000 users. In addition to that, BlockDAG’s TG Tap Miner has attracted more than 70,000 users. Both of these milestones signal BlockDAG’s rising demand.

Currently in its 25th batch, BDAG is priced at just $0.02, a 2,100% increase since batch 1. BlockDAG’s momentum is undeniable as the project raises over $115 million in its presale with over 15 billion coins sold.

Adding fuel to the fire is the exclusive BULLRUN100 bonus, which celebrates Bitcoin’s climb toward a record high. This limited-time code gives buyers exclusive early access to its airdrop—a serious edge before BDAG lands on exchanges.

For traders seeking high-growth potential, BlockDAG’s unique mix of explosive ROI, rapid adoption, and community-driven incentives make it a prime contender. In today’s bullish market, BlockDAG is proving it’s not just another project but a top choice for those looking to ride the bull run with a high-potential asset.

Wrapping Up: Best Crypto for Huge Gains

Tron’s consistent growth, marked by record transaction numbers and increased meme coin activity, highlights its expanding influence among altcoin networks. Meanwhile, Ethereum’s climb past $2,600 and high trading volume reflect strong investor interest, especially with hopes for a pro-crypto U.S. administration.

BlockDAG’s rapid rise and unique offerings set it apart as a standout choice. The project is catching the eye of those looking to make the most of the bull run, especially with its high ROI, a growing user base on its X1 app and TG Tap Miner, and its exclusive BULLRUN100 bonus providing early access advantages.

For traders looking to grab the crypto bull by the horns, BlockDAG is more than just hype—it’s a powerful contender for those ready to dive into the next big thing in crypto.

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Qubetics and Chainlink Signify Interoperability Amid Avalanche’s Massive Buyback Activity https://readwrite.com/qubetics-and-chainlink-signify-interoperability-amid-avalanches-massive-buyback-activity/ Fri, 08 Nov 2024 10:00:21 +0000 https://readwrite.com/?p=419492

The crypto world is buzzing as Avalanche completes a massive buyback of AVAX tokens worth $53 million, reigniting interest in… Continue reading Qubetics and Chainlink Signify Interoperability Amid Avalanche’s Massive Buyback Activity

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The crypto world is buzzing as Avalanche completes a massive buyback of AVAX tokens worth $53 million, reigniting interest in blockchain ecosystems. With this Avalanche buyback, the Avalanche Foundation is doubling down on its ecosystem, strengthening its commitment to growth with resources dedicated to grants, events, and incubators. This bold move positions Avalanche for long-term sustainability, and it’s stirring excitement among AVAX holders and the broader community.

At the same time, Qubetics ($TICS) is working to solve one of crypto’s biggest hurdles: interoperability. As crypto users know, blockchain networks tend to operate in isolated silos, making cross-chain interactions complicated and costly. However, Qubetics has a fresh approach to interoperability that could make transactions across different blockchains as easy as sending an email. And with the Qubetics presale in its seventh stage, now could be a golden opportunity to jump on board.

Qubetics Breaks Down Barriers with Seamless Interoperability

Qubetics ($TICS) is tackling the interoperability issue that many blockchain projects have struggled to address. If you’ve ever tried transferring assets from one blockchain to another, you know it’s usually a pain, involving multiple wallets, exchanges, and steps that eat up time and fees. Qubetics is on a mission to change that with a unique solution they call chain aggregation, aiming to create smooth interoperability with Qubetics. With the presale in its seventh stage and over $1.6 million raised, the demand for $TICS is already heating up. Right now, you can grab TICS tokens for $0.01932—a bargain if this project lives up to the hype.

Imagine you’re a business owner needing to pay suppliers across different countries using a different blockchain. Normally, you’d face delays, high fees, and frustrating processes to make it work. But with Qubetics interoperability, you could handle all these transactions in one go. This kind of interoperability with Qubetics can benefit all kinds of businesses—from international retailers needing to pay overseas suppliers to freelancers who work with clients globally. And it’s not just businesses; Qubetics interoperability is also a game-changer for regular users. Sending crypto to a friend on a different blockchain could be as fast and simple as sending a text.

Crypto analysts are watching $TICS closely, expecting its price to rise after the presale ends. With Qubetics’ unique approach to interoperability, there’s a real FOMO factor. Those who understand the challenges of cross-chain transfers see the potential here and don’t want to miss out on what could be the next big thing in crypto.

Avalanche Reinforces the Ecosystem with a $53M Buyback

Avalanche has taken a big step to strengthen its ecosystem with this massive buyback of $53 million worth of AVAX tokens from Terra’s now-defunct Luna Foundation Guard (LFG). Originally purchased by LFG to support Terra’s UST stablecoin, these AVAX tokens have now found their way back to Avalanche’s treasury. The goal of this Avalanche buyback is clear: to reclaim tokens that might otherwise be caught up in legal messes while putting them to work on the Avalanche network.

Avalanche isn’t just buying back tokens for the sake of it. The foundation plans to use these AVAX tokens to fund grants, community events, and innovation hubs that will attract new talent and projects to its ecosystem. Imagine a crypto project seeking funding to create a new DeFi application on Avalanche. Thanks to the Avalanche buyback, resources are now available to support initiatives like these, which could lead to a wave of new developments on the platform.

As the Avalanche buyback garners attention, AVAX holders are feeling optimistic. Some analysts believe the Avalanche buyback could drive prices upward, positioning AVAX for potential gains as the ecosystem grows. Avalanche’s commitment to sustainable development gives it a unique edge, especially with so many projects competing in the blockchain space. By consolidating resources and focusing on long-term growth, Avalanche is becoming a serious player in the crypto industry.

Chainlink Empowers Blockchain Networks with Reliable Data Feeds

Chainlink (LINK) has earned its stripes as the go-to solution for blockchain oracles, which are crucial for providing real-world data to smart contracts. Think of Chainlink as the bridge that brings real-world data to blockchain networks—prices, weather data, sports results, you name it. Chainlink’s integration of decentralized oracles allows smart contracts on platforms like Ethereum, Polkadot, and yes, even Avalanche, to interact securely with off-chain data.

One of Chainlink’s latest moves has been its expansion into Cross-Chain Interoperability Protocol (CCIP), which provides secure cross-chain communication and builds on Chainlink’s trusted reputation in the space. Now, instead of each blockchain acting as a closed-off ecosystem, CCIP lets them “talk” to each other. This is huge for blockchain developers who want to create apps that work across multiple chains. Chainlink’s CCIP aligns well with Qubetics interoperability, and together, they’re paving the way for a future where data and assets flow freely across chains.

For investors, LINK has been a reliable performer, especially as more protocols adopt Chainlink’s data feeds. Analysts are eyeing Chainlink’s potential as an essential infrastructure for multi-chain applications, suggesting a strong outlook for the LINK token. And with the recent Avalanche buyback, interest in Chainlink’s role within Avalanche’s ecosystem is on the rise. By linking data, assets, and networks, Chainlink could see a price boost, especially as the crypto market leans more into cross-chain applications.

The Future of Interoperability and Ecosystem Growth

The crypto landscape is rapidly evolving, with interoperability and ecosystem growth becoming essential. Qubetics, Chainlink, and Avalanche are all making significant strides, each contributing to a more connected and efficient crypto world. Qubetics’ chain aggregation makes it a frontrunner in interoperability, promising to make cross-chain transactions a seamless experience for businesses and individuals. Meanwhile, Chainlink’s role as the primary provider of blockchain oracles keeps it essential for cross-chain applications, while Avalanche’s massive buyback shows its dedication to sustainability and growth.

As the Avalanche buyback fuels interest in its ecosystem, Chainlink and Qubetics are pushing boundaries in their respective fields. For those looking to get in early, Qubetics’ presale offers a unique opportunity to buy into a project focused on solving real issues in blockchain interoperability. Don’t miss out—whether it’s the Qubetics presale or the rising potential of AVAX and LINK, now might be the perfect time to make your move.

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BlockDAG on a Milestone Streak – Hits 200K Miners on the X1 App — Bitcoin Cash Eyes $400 While Polkadot Aims For 2025 Breakout https://readwrite.com/blockdag-on-a-milestone-streak-hits-200k-miners-on-the-x1-app-bitcoin-cash-eyes-400-while-polkadot-aims-for-2025-breakout/ Wed, 06 Nov 2024 15:53:04 +0000 https://readwrite.com/?p=418875

Bitcoin Cash (BCH) is attracting a lot of buzz as it aims for a potential price rally that could break… Continue reading BlockDAG on a Milestone Streak – Hits 200K Miners on the X1 App — Bitcoin Cash Eyes $400 While Polkadot Aims For 2025 Breakout

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Bitcoin Cash (BCH) is attracting a lot of buzz as it aims for a potential price rally that could break the $400 mark. Meanwhile, Polkadot (DOT), is preparing for a promising breakout in 2025 with an upgrade that might change its fortunes. 

However, the highlight of the week is BlockDAG(BDAG), which just hit an impressive milestone with 200,000 active miners on its X1 Miner App. This surge is a testament to BlockDAG’s modern approach to making crypto mining more accessible and profitable. 

As its presale crosses over the $113.5M mark, it’s becoming a project to watch.

Bitcoin Cash Price Rally: What’s Driving the Momentum?

Bitcoin Cash (BCH) is starting to grab attention with a potential rally that could push its price above $400. Analysts are optimistic about this outlook, pointing to three key factors driving the bullish sentiment. Strong signs in the derivatives market, increased whale activity, and a surge in network engagement. 

Recently, rising open interest in BCH futures indicates growing trader confidence, with more investors betting on BCH’s price increase. Additionally, increased whale transactions and a rise in active users on the blockchain suggest strong potential for BCH. If these trends continue, BCH could exceed the $400 mark.

Polkadot Hopeful for a Price Breakout in 2025

Polkadot (DOT) is setting its sights on a potential breakout in 2025. Currently trading at $3.95, DOT has dropped 10.57% since last October and is down a staggering 92.82% from its all-time high of $55. 

However, there’s a bright spot ahead with the upcoming Polkadot 2.0 upgrade. This upgrade will introduce a deflationary mechanism called coretime that burns DOT, which could create upward pressure on its price. The market cap currently stands at $5.98 billion, and trading volume has increased by 26.58%. DOT is positioned to turn things around and make a strong comeback soon.

BlockDAG Smashes Another Milestone With 200K Miners!

All eyes are on BlockDAG’s latest milestone, crossing 200,000 active users on its X1 Miner App. This isn’t just another number—it’s a huge sign of BlockDAG’s impact in making crypto mining easier, cheaper, and more rewarding. 

The X1 Miner App is changing the game by giving users strategies to maximise returns with minimal costs, making it appealing to new and experienced miners. By focusing on lowering energy use and costs, BlockDAG helps miners everywhere get more bang for their buck.

On top of that, 13,743 miners have been sold, earning $5.5 million in sales revenue, showing the growing popularity of BlockDAG’s mining solutions.  However, the project’s momentum extends beyond mining. Its presale is on the rise, raising a massive $113.5 million so far, with over 15 billion BDAG coins sold. In batch 25, BDAG coins are priced at just $0.022, with early holders already seeing an impressive 2100% ROI since batch 1. 

As Bitcoin Cash and Polkadot make their moves, BlockDAG is shaping up to be the real standout, bringing serious value to its growing community. Its innovative mining approach and surging user base indicate that BlockDAG’s ecosystem is on track to become one of the most promising in crypto.

Best Long-Term Crypto Investments

Bitcoin Cash gears up for an exciting price rally, driven by positive trends in the derivatives market, increasing whale activity, and a surge in network engagement.

On the other hand, Polkadot is looking for a potential breakout in 2025, with the help of the anticipated Polkadot 2.0 upgrade. 

Meanwhile, BlockDAG’s impressive growth and innovative mining solutions redefine what’s possible in the mining sector.  The project has a growing user base and strong market interest, as highlighted by its presale, which has raised $113.5 million. BlockDAG is not just a player; it’s positioning itself as a potential leader. For those looking to get involved in crypto mining with high potential returns, BlockDAG is a project to consider.

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BlockDAG’s Website Rebranding Shows Rapid Roadmap Progress While Aptos Price Surges & Uniswap Rolls Out New Update https://readwrite.com/blockdags-website-rebranding-shows-rapid-roadmap-progress-while-aptos-price-surges-uniswap-rolls-out-new-update/ Thu, 31 Oct 2024 17:28:29 +0000 https://readwrite.com/?p=416217 experience the new look of blockdag

There have been many developments and price movements in these three cryptocurrencies: Aptos (APT), Uniswap, and BlockDAG (BDAG). The Aptos… Continue reading BlockDAG’s Website Rebranding Shows Rapid Roadmap Progress While Aptos Price Surges & Uniswap Rolls Out New Update

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experience the new look of blockdag

There have been many developments and price movements in these three cryptocurrencies: Aptos (APT), Uniswap, and BlockDAG (BDAG). The Aptos (APT) price surge has recently grabbed market attention. It has climbed 5.34% to $10.25. Uniswap is also making headlines with recent updates. It has enhanced its cross-chain functionality and made it easier for users to swap assets.

Meanwhile, BlockDAG (BDAG) has shown rapid developments after its testnet launch. The website rebranding has sparked excitement among the crypto community. These changes have pushed presale past $107.5 million. BlockDAG, with these advancements, has positioned itself as a top crypto for 2024.

APT Price Poised for Wave 3 Momentum

Aptos (APT) price surge has caught the attention of many investors. Following a recent partnership announcement, the price climbed by 5.34% to $10.25. Analysts predict that if the momentum continues, it could break through resistance levels at $10.30 and reach a psychological barrier of $10.50. Additionally, open interest in APT rose by 5.27%, totaling $225.42 million, indicating increased investor interest.

Join world's most sensational presale

The Aptos (APT) price surge reflects growing user activity, with monthly unique addresses exceeding 7 million. Currently, CoinMarketCap shows Aptos priced at $9.88, marking a slight decline of 2.59% in the last day and 0.76% over the past week. 

Uniswap Update: Enhancing Cross-Chain Functionality

Uniswap is enhancing its platform with a recent update that boosts its multi-chain capabilities. The platform now supports nine networks, including ZKsync, Polygon, and Ethereum. This Uniswap update allows users to execute cross-chain swaps more efficiently. The Across Protocol integration enables fast and secure transactions, making it easier for users to bridge their assets.

This Uniswap update marks a significant shift for users. Previously, transferring assets across different blockchain networks was complex and risky. This new feature lets users manage their transactions without relying on external services. The Uniswap Wallet and Interface now support these operations, ensuring a smoother and more secure user experience.

BlockDAG’s Website Rebranding: A Major Leap in Crypto Innovation

BlockDAG is making waves with its website rebranding, marking a significant step in its technical evolution. This update comes after the successful launch of its testnet, showing BlockDAG’s eagerness to finalize its launch. The network has already achieved a remarkable $100 million milestone. Currently, it stands at $107.5 million in presale, the biggest presale in history. The value of the BDAG coin has also surged to $0.022, reflecting the growing demand.

With 14.6 billion coins sold, the interest in BlockDAG continues to rise rapidly. The rebranding has energized the crypto community, giving a clearer view of the network’s technological efficiency. Now, potential buyers can easily explore what makes BlockDAG a standout option in the crypto market.

The growth potential becomes more evident as more people join the BDAG network. With 170k+ unique holders already on board, the community is witnessing impressive returns. Early holders have already seen returns of 2100%.

BlockDAG is emerging as a top crypto for 2024. Its rapid advancements create an intriguing landscape for existing holders and new buyers. With the final launch on the horizon, the future looks promising for the BlockDAG network.

Evaluating the Future of Three Key Cryptos

All these three coins are doing well in the current market. However, which coin holds more potential? Aptos (APT) price surge and the Uniswap update show justified attention, but these have already demonstrated their market potential. 

On the other hand, BlockDAG’s true capabilities will be revealed after the launch. Its progress in the presale phase is remarkable, standing at over $107.5 million. Crypto analysts anticipate that BlockDAG could shake up the market after its launch. With such growth, it stands out as a top crypto for 2024 compared to the other two coins.

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BlockDAG Presale Speeds Past $102M as Avalanche Unveils Crypto Card & Bitcoin Surges with Election Hype https://readwrite.com/blockdag-presale-speeds-past-102m-as-avalanche-unveils-crypto-card-bitcoin-surges-with-election-hype/ Fri, 25 Oct 2024 14:04:42 +0000 https://readwrite.com/?p=413744 Exciting developments are always around the corner in crypto, and recent updates are sparking major interest. Avalanche Foundation has just… Continue reading BlockDAG Presale Speeds Past $102M as Avalanche Unveils Crypto Card & Bitcoin Surges with Election Hype

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Exciting developments are always around the corner in crypto, and recent updates are sparking major interest. Avalanche Foundation has just unveiled its new crypto card, allowing users in Latin America and the Caribbean to spend crypto seamlessly with Visa. Meanwhile, Bitcoin’s recent surge is linked to rising election odds, stirring speculation about the future of the flagship cryptocurrency.

BlockDAG on the other hand is stealing the spotlight with its fast-paced presale, crossing the $102 million mark. BDAG coins are selling out quickly and offering impressive returns capturing the attention of seasoned traders and newcomers. As BlockDAG races ahead, it’s becoming a standout project in 2024.

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Avalanche Foundation’s Rolls Out New Crypto Card

The Avalanche Foundation has just launched the Avalanche Card, a new Visa crypto credit card that allows users to pay with cryptocurrencies like USDC, Wrapped AVAX (wAVAX), and Liquid Staked AVAX (sAVAX). The card is available in physical and virtual forms and can be used wherever the Visa is accepted. Initially, the card will be rolled out in Latin America and the Caribbean, with users now able to join the waitlist.

The Avalanche Card isn’t linked to a bank and isn’t FDIC-insured, meaning it’s not protected by the U.S. government’s deposit insurance scheme. However, it comes with a self-custody wallet for users to manage their crypto assets. It also offers no fees when spending assets, making the Avalanche Card a convenient option for crypto payments across the region.

Bitcoin Surge Tied to Trump’s Rising Election Odds

Bitcoin’s recent surge is linked to Donald Trump’s improving chances in the upcoming U.S. presidential election. Over the past ten days, Bitcoin’s price has climbed 11.5%, up 26% from its seven-month low in September. Analysts say Trump’s rising odds of winning are driving this spike, with his chances climbing from 36% last month to over 50% now.

Trump’s support for crypto, including his plans for a Bitcoin reserve and pledges to make the U.S. the “crypto capital,” has led investors to speculate that his win could push Bitcoin to new highs. Analysts predict Bitcoin could reach $80,000-$90,000 if Trump wins, while a loss might see prices dip below $50,000. Investors are watching closely as the election approaches.

BlockDAG Presale Hits $102M Mark

BlockDAG is taking the crypto market by storm, hitting a massive presale mark of over $102 million. The new brand video, which features an adrenaline-pumping F1 race, reflects the rapid pace at which BlockDAG is turning over batches in its presale. Just like an F1 car speeding toward the finish line, each batch of BDAG coins is selling out quickly, giving traders a limited-time opportunity to jump in before the next price increase.

Currently, BDAG coins are priced at just $0.0206 in batch 24, a 1960% increase since batch 1. This fast-moving presale mirrors the high-speed action in the video, keeping the strong momentum. It attracts seasoned traders and newcomers to the crypto space. The excitement generated by the video has added fuel to the fire, showing how BlockDAG is speeding ahead of the competition.

What sets BlockDAG apart is its innovative technology and its easy crypto-mining options. Whether you’re an experienced miner or just getting started, BlockDAG makes it simple to mine coins and be part of this rapidly growing project.

As BlockDAG continues to gain traction in the market, it shows that its advantages are pushing it ahead of industry heavyweights. This presale is shaping up to be one of the most exciting opportunities in crypto right now, offering crypto enthusiasts a chance to get in on the action before prices climb even higher.

Wrapping Things Up

The crypto space is witnessing significant developments. Avalanche’s new crypto card is making crypto spending easier across Latin America, while Bitcoin’s recent surge, tied to Trump’s rising election odds, has investors speculating about future gains.

Yet, BlockDAG’s presale momentum stands out with over $102 million raised and a rapidly growing community behind it. BlockDAG’s advanced technology and its easy-to-use mining options make it a project worth watching closely. As each batch sells out quickly, those looking to get involved may find this presale an opportunity that’s hard to ignore.

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Explore Zero Trading Fees and a $1.5 Million Reward Pool With MEXC’s Aptos Promotion https://readwrite.com/explore-zero-trading-fees-and-a-1-5-million-reward-pool-with-mexcs-aptos-promotion/ Wed, 23 Oct 2024 13:56:16 +0000 https://readwrite.com/?p=412024

MEXC recently announced its new Aptos promotion, which features a $1.5 million rewards pool, no trading fees, and great savings… Continue reading Explore Zero Trading Fees and a $1.5 Million Reward Pool With MEXC’s Aptos Promotion

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MEXC recently announced its new Aptos promotion, which features a $1.5 million rewards pool, no trading fees, and great savings options for its users.

The exchange will offer exciting rewards, including no trading fees for the APT/USDT spot pair, up to 20% APR for Aptos (APT) staking for new users, and a futures trading competition with high bonuses.

Please note that this APT promotion only runs from 21 October 2024 to 20 January 2025. So, buyers currently have a limited time to capitalize on this MEXC APT promotion. Keep reading to learn more about the exclusive benefits and how to participate in this promotion.

Trade the APT/USDT Spot Pair with No Fees

It’s worth noting that MEXC users can trade the APT/USDT trading pair at zero trading fees for 90 days, from 21 October 2024 to 20 January 2025. The no-cost trading offer is great for both new and experienced traders, as they can trade Aptos frequently without worrying about costs.

This will translate into more profits for these traders, all while using MEXC’s user-friendly platform.

Earn Up to 20% APR When You Stake APT

Currently, MEXC is hosting a locked savings event for Aptos, allowing users to earn relatively high Aptos rewards. From October 21, 2024, to November 20, 2024, users can simply stake APT tokens for 30 days.

Everyone can earn an Aptos savings APR of 10%, while first-time users get a 20% APR. The staking cap is 500 APT for regular users and 200 APT for new users.

MEXC's APT Promotion with High Staking APR

Since these Aptos staking benefits are given out on a first-come, first-served basis, it’s best to join early to make the most of this opportunity. This event is also a great way to support the Aptos ecosystem and earn high returns on your idle APT.

Discover the MEXC Futures APT Trading Competition

MEXC is hosting a futures trading competition with a total prize pool of 200,000 USDT from October 21, 2024, to November 4, 2024. This competition aims to get more people involved and give them a chance to earn extra bonuses. There are two main milestones to unlock these MEXC trading bonuses:

  • Milestone 1: New users who trade futures and reach a volume of 10,000 USDT or more will get a bonus of 10 USDT. Please note that this offer is only for the first 10,000 participants.
  • Milestone 2: Users who trade APT futures with a minimum of 50,000 USDT can share a bonus rewards pool of 100,000 USDT. Here, it’s worth mentioning that only the first 3,000 qualifying users can get rewarded from the crypto exchange rewards pool.

Important note: Only trades involving fees are eligible for this event.

Withdraw APT and USDT With No Fees on the APT Chain

MEXC traders can also benefit from no withdrawal fees for APT and USDT on the Aptos chain from 21 October 2024 to 20 January 2025.

The Zero APT withdrawal fees will make transferring it to other platforms significantly easier without any extra costs while keeping things simple for traders.

Exclusive Affiliate Rewards—Earn Big By Referring Friends

MEXC referral rewards to trade APT

Anyone who wants to become an affiliate marketer can earn extra rewards and incentives. They will get $10 for every person they refer, with a $1000 rewards cap.

Please note that the top 50 affiliates with the most referral trading volume will split a bonus pool of 10,000 USDT. This program is especially suitable for anyone with a solid online presence who wants to make extra money by encouraging their audience to join MEXC and participate in the ongoing Aptos promotion.

How to Join MEXC’s Aptos Promotion and Start Earning

Getting started with the MEXC Aptos promotion is quite easy. Here’s how you can take part:

  • Sign up for MEXC: Visit the official MEXC website to create an account. Complete the KYC verification to qualify for all available rewards.
  • Deposit Funds: Deposit USDT or any other supported crypto into your MEXC wallet.
  • Start Trading: Trade APT on the spot market with zero fees or participate in the APT futures trading competition for extra rewards.
  • Stake Your APT: Participate in the APT locked savings event to earn up to 20% APR.
  • Invite Friends: Use your affiliate link to refer others and earn affiliate bonuses when your referrals trade APT.

Bottom Line

As we saw above, MEXC’s Aptos promotion offers solid benefits for traders at any level. You can trade the APT/USDT spot pair with no fees, earn up to 20% APR by staking Aptos, and access a prize pool of 200,000 USDT for futures trading.

Affiliates can further increase their earnings with additional bonuses. This promotion is available for a limited time and rewards everyone who participates. These rewards are offered on a first-come, first-served basis from 21 October 2024 to 20 January 2025.

References

The post Explore Zero Trading Fees and a $1.5 Million Reward Pool With MEXC’s Aptos Promotion appeared first on ReadWrite.

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copy trading platforms

Copy trading is a popular investment tool largely used by beginners. It offers an automated experience; users select a trader to mirror and all future positions are replicated. You can copy successful traders from various markets, including stocks, forex, and cryptocurrencies.

Read on to discover the best copy trading platforms for 2024. The top providers are ranked for fees, available assets, user-friendliness, and payments. Learn how to get started with a copy trading portfolio and what trading strategies to deploy for profit maximization.

List of the Best Copy Trading Platforms

According to our research, these are the best copy trading platforms for 2024:

  1. eToro – The Overall Best Copy Trading Platform for Beginners
  2. Vantage Markets – A Great Option for Following Top Forex Traders
  3. AvaTrade – Commission-Free Copy Trading on 1,000+ Financial Instruments
  4. Pepperstone – Popular Forex and CFD Broker Supporting MT4 Copy Trading
  5. Margex – The Best Copy Trading Site for Cryptocurrency Futures
  6. Trade Nation – User-Friendly Copy Trading App for iOS and Android
  7. OKX – Copy Seasoned Cryptocurrency Traders via Multiple Strategies
  8. DupliTrade – Third-Party Copy Trading Platform With 11 Strategies
  9. Naga – One of the Best Social Trading Apps for Gaining Market Insights
  10. cTrader – Access Advanced Performance Metrics to Find the Perfect Trader
  11. ZuluTrade – Choose From Over 2 Million Traders Across Multiple Assets
  12. IG – Regulated Trading Platform Supporting MT4 and 17,000+ Markets

Reviewing the Top Copy Trading Platforms

No two copy trading platforms are the same. Some are ideal for beginners seeking a simple user interface while others have large capital requirements.

Other factors to explore include fees, accepted payment methods, and supported assets. This section reviews the top copy trading brokers to consider in 2024:

1. eToro – The Overall Best Copy Trading Platform for Beginners

  • Direct or Third Party: Direct
  • Assets: Forex, cryptocurrencies, commodities, indices, stocks, and ETFs
  • Copy Trading Fees: Standard trading commissions and spreads only
  • Minimum Investment: $200

Beginners will find that eToro is the overall best option. This user-friendly platform is the most popular copy trading platform with over 35 million users. It supports thousands of markets, including forex, commodities, indices, stocks, and ETFs. eToro also lists the best cryptocurrencies to buy, such as Bitcoin, Ethereum, and XRP.

Thousands of traders can be copied, with eToro offering lots of useful stats and performance metrics. For example, you can search for forex traders with the biggest returns over the past two years. eToro has a minimum copy trading investment of $200, which will be a drawback for those on a budget. Payments can be made with debit/credit cards and selected e-wallets, including PayPal.

eToro review

Deposits made in USD, GBP, and EUR are fee-free. Other currencies are accepted but incur FX charges. No additional fees are charged when copying traders – just cover the standard commission and spread. eToro offers 0% commission stock and ETF trading to most users. Cryptocurrency trades cost 1% and all other assets can be traded on a spread-only basis. Crucially, eToro is heavily regulated.

Pros

  • The best copy trading platform for beginners
  • Offers a simple interface and a great user experience
  • Regulated by the FCA, CySEC, and ASIC
  • Approved by FINRA
  • Supports 6,000+ trading markets
  • Provides useful stats and performance metrics for each trader
  • Positions can be monitored on the iOS/Android app

Cons

  • Spreads are higher than many platforms
  • Some currencies incur FX deposit fees
  • Minimum copy trading investment of $200

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more

2. Vantage Markets – A Great Option for Following Top Forex Traders

  • Direct or Third Party: Direct and MT4/5
  • Assets: Forex, commodities, indices, stocks, ETFs, and bonds
  • Copy Trading Fees: Standard trading commissions and spreads only
  • Minimum Investment: $50

Vantage Markets is another good option, especially for gaining exposure to the forex market. It supports dozens of currency pairs, including exotics like USD/BRL, USD/THB, and EUR/HUF. This is in addition to all majors and minors. In-house copy trading tools are available and the minimum investment is just $50.

No additional fees apply but you’ll need to cover standard commissions and spreads. These depend on the account type. Beginners will prefer the standard account. This offers 0% commission on all markets and forex spreads from 1.1 pips. Those investing larger amounts should opt for the Raw ECN account. This charges a $3 commission per slide (per standard lot) and offers minimum spreads of 0.0 pips.

Vantage Markets copy trading

Vantage Markets also supports other asset classes, including hard and soft commodities, indices, stocks, ETFs, and bonds. It also offers demo accounts; a great option for first-time investors. Vantage Markets offers a solid user experience. It can be accessed via web browsers and an Android/iOS app. Vantage Markets also supports MT4/5, which offers third-party copy trading services.

Pros

  • One of the best copy trading platforms for forex
  • Supports dozens of currency pairs
  • Raw ECN accounts offer spreads from 0.0 pips
  • Minimum copy trading requirement of $50
  • Also supports stocks, ETFs, commodities, bonds, and indices

Cons

  • Copy trading isn’t available in all countries, including the UK
  • Doesn’t support cryptocurrencies

3. AvaTrade – Commission-Free Copy Trading on 1,000+ Financial Instruments

  • Direct or Third Party: Direct, MT4/5, and DupliTrade
  • Assets: Forex, cryptocurrencies, commodities, indices, stocks, ETFs, bonds, and options
  • Copy Trading Fees: Standard spreads only
  • Minimum Investment: $100

AvaTrade is a regulated trading platform that launched in 2006. It offers a range of automated tools to suit every investor profile. Beginners will like the AvaSocial app; AvaTrade’s proprietary copy trading platform. This comes with a simple user interface and easy-to-understand performance metrics. Traders can be copied and uncopied at the click of a button.

AvaTrade also supports third-party copy trading providers. This includes MT4, MT5, and DupliTrade. The latter requires a minimum account balance of $2,000. However, all other options, including AvaSocial, have a much smaller minimum of just $100. AvaTrade supports over 1,000 financial instruments, covering everything from stocks and commodities to indices and forex.

AvaSocial review

It also supports options, bonds, and cryptocurrencies. All available assets are traded as CFDs, meaning clients from some countries aren’t eligible (including the US). No copy trading fees are charged by AvaTrade. It also offers commission-free trading on all markets, meaning only the spread is applicable. AvaTrade accepts debit/credit cards and e-wallets when depositing funds.

Pros

  • Offers an in-house copy trading app called AvaSocial
  • Also supports MT4, MT5, and DupliTrade
  • Lists more than 1,000 tradable markets
  • No commissions or copy trading fees
  • Regulated in nine jurisdictions

Cons

  • Doesn’t accept clients from the US
  • Charges fees on inactive trading accounts

4. Pepperstone – Popular Forex and CFD Broker Supporting MT4 Copy Trading

  • Direct or Third Party: MT4/5 and cTrader
  • Assets: Forex, cryptocurrencies, commodities, indices, stocks, ETFs
  • Copy Trading Fees: Standard trading commissions and spreads only
  • Minimum Investment: $0

Pepperstone is another good option. It doesn’t offer in-house copy trading tools but seamlessly connects with MT4. You can purchase a subscription from the MQL5 marketplace, with fees determined by the trader being copied. This averages $30 per month but the top traders often charge more. Positions will be executed by Pepperstone; fees depend on the chosen plan.

For example, no trading commissions are charged on standard accounts. Variable spreads are charged depending on the market. Those opening a razor account get minimum spreads of 0.0 pips. The trading commission is $3 per slide (per standard lot). Accounts can be funded in multiple currencies, including USD, EUR, GBP, AUD, and HKD.

Pepperstone copy trading

In addition to MT4, Pepperstone also supports MT5 and cTrader. These platforms also offer automated copy tools. Pepperstone supports multiple assets, including forex, commodities, indices, stocks, and ETFs. It also lists Bitcoin and some of the best altcoins, such as Cardano, XRP, Uniswap, Dogecoin, and Chainlink. New clients can get started without meeting a minimum deposit requirement.

Pros

  • Copy trading is offered via MT4, MT5, and cTrader
  • No minimum deposit requirements
  • Supports over 2,400 financial instruments
  • Regulated by multiple tier-one bodies
  • Razor accounts offer spreads from 0.0 pips

Cons

  • Doesn’t provide direct copy trading tools
  • Spreads on standard accounts are often high

5. Margex – The Best Copy Trading Site for Cryptocurrency Futures

  • Direct or Third Party: Direct
  • Assets: Cryptocurrency futures (perpetuals)
  • Copy Trading Fees: Variable profit-sharing fees, plus standard trading commissions and spreads
  • Minimum Investment: $10

Margex is one of the best copy trading platforms for cryptocurrency futures. It offers perpetual contracts on dozens of cryptocurrencies, including Bitcoin, Avalanche, Ethereum, Dogecoin, Litecoin, and Solana. Unlike spot trading markets, Margex futures support long and short positions. They also come with leverage of up to 100x.

Best of all, Margex offers in-house copy trading tools, so no third-party software or integration is needed. The top futures traders are listed based on past performance. Clicking on a trader reveals additional metrics. The minimum deposit at Margex is just $10, making it a great choice for those on a budget. Accepted payment types include Visa, MasterCard, and cryptocurrencies.

Margex

In terms of fees, traders receive a small percentage of the profits they generate. This is displayed when choosing a trader. You’ll also pay standard commissions whenever a trade is executed. Margex charges 0.019% (limit orders) and 0.06% (market orders). Unlike other cryptocurrency exchanges, commission discounts aren’t available when trading higher amounts.

Pros

  • The best option for crypto copy trading
  • Offers leverage of up to 100x
  • Get started with just $10
  • Doesn’t require third-party copy trading software
  • No ID verification or KYC procedures
  • Low trading commissions on both limit and market orders

Cons

  • Profit-sharing fees aren’t displayed until selecting a trader
  • Isn’t licensed or regulated

6. Trade Nation – User-Friendly Copy Trading App for iOS and Android

  • Direct or Third Party: MT4
  • Assets: Forex, commodities, indices, stocks
  • Copy Trading Fees: Standard trading commissions and spreads only
  • Minimum Investment: $0

Trade Nation is a safe and trusted trading platform that’s licensed in multiple countries. This includes the UK, Australia, South Africa, Bahamas, and Seychelles.

It offers a dedicated copy trading app for iOS and Android. It’s free to download and the user experience is aimed at beginners. However, users must also connect their Trade Nation account with MT4. While this adds an additional step, it takes seconds.

Trade Nation

Trade Nation doesn’t charge additional fees for copy trading. What’s more, Trade Nation is a commission-free platform, so you only pay the spread. However, these are often wider than the industry average. For example, spreads (when connected to MT4) start from 1.1 pips on EUR/USD and GBP/USD.

Pros

  • Offers a dedicated copy trading app for iOS and Android
  • Supports forex, stocks, commodities, and indices
  • No minimum deposit requirements
  • Regulated in multiple countries
  • Provides leverage of up to 500x

Cons

  • Copy trading accounts must be connected to MT4
  • Spreads are wider than industry competitors

7. OKX – Copy Seasoned Cryptocurrency Traders via Multiple Strategies

  • Direct or Third Party: Direct
  • Assets: Cryptocurrencies (spot and futures)
  • Copy Trading Fees: Standard trading commissions and spreads only
  • Minimum Investment: $2

OKX is one of the best cryptocurrency exchanges, with traders benefiting from low fees, advanced charts, and a wide range of automated tools. This includes an in-house copy trading feature supporting hundreds of strategies. This includes everything from swing trading and long-term investing to grid sniper bots. You can choose traders from the spot or futures markets.

OKX copy trading

The latter offers leverage of up to 100x, plus long and short trading. OKX supports hundreds of cryptocurrencies, including Bitcoin, Dogecoin, Solana, and Ethereum. No copy trading fees are charged, you only pay the standard commission. That’s just 0.1% when trading spot cryptocurrencies. And 0.05% when opting for futures. Discounts are offered to market makers and those trading higher amounts.

Pros

  • Offers copy trading tools for hundreds of cryptocurrencies
  • Choose from the spot trading or futures markets
  • Leverage of up to 100x is available
  • Super-low trading commissions
  • Strategies include swing trading and long-term investing

Cons

  • Doesn’t support non-cryptocurrency assets
  • Accounts can’t be opened from the US

8. DupliTrade – Third-Party Copy Trading Platform With 11 Strategies

  • Direct or Third Party: Must be connected with a partnered trading platform
  • Assets: Forex, cryptocurrencies, stocks, commodities, indices, and ETFs
  • Copy Trading Fees: Variable profit-sharing fees of up to 30%, plus standard trading commissions and spreads (charged by the connected platform)
  • Minimum Investment: $2,000

DupliTrade is a third-party copy trading platform that offers 11 strategies. Most focus on forex but stocks, commodities, and indices are also covered. DupliTrade has backtested and live-tested each trading strategy, ensuring only proven systems are offered. You can review each strategy, with metrics including the overall profit and loss, the number and percentage of winning trades, and the maximum drawdown.

DupliTrade review

DupliTrade must be connected with a partnered trading platform, with only 11 providers supported. What’s more, DupliTrade only works when the account balance is at least $2,000. This will price some investors out of the market. DupliTrade also offers a trading simulator with virtual capital. You can test each strategy based on various market conditions.

Pros

  • All strategies have been tested by the DupliTrade team
  • Comprehensive performance metrics are provided
  • Supports forex, stocks, indices, and commodities
  • Provides a free trading simulator with backtesting tools

Cons

  • Only 11 strategies are available
  • Requires at least $2,000 in trading capital

9. Naga – One of the Best Social Trading Apps for Gaining Market Insights

  • Direct or Third Party: Direct
  • Assets: Forex, cryptocurrencies, commodities, indices, stocks, and ETFs
  • Copy Trading Fees: Profit-sharing fee of up to 15% plus $0.99 per trade, plus standard spreads
  • Minimum Investment: $250

Naga is a popular copy trading platform that doubles up as an online broker. It supports over 4,000 financial instruments, covering Forex, cryptocurrencies, commodities, indices, stocks, and ETFs. It has a minimum deposit requirement of $250 and accepted payment types include debit/credit card, bank transfers, and Neteller. Naga is a great option for social trading tools.

Naga review

It has a huge community of investors, with daily insights covering market trends and sentiment analysis. You can post opinions, like other comments, and even follow traders. However, Naga’s copy trading feature is expensive. You’ll pay a profit-sharing commission of up to 15%, plus $0.99 per trade. You also need to cover standard market spreads.

Pros

  • One of the best copy trading apps for social features
  • Like posts, reply to comments, and follow traders
  • Supports over 4,000 tradable markets
  • No deposit fees are charged

Cons

  • High copy trading fees
  • Requires a minimum deposit of $250

10. cTrader – Access Advanced Performance Metrics to Find the Perfect Trader

  • Direct or Third Party: Must be connected with a partnered trading platform
  • Assets: Forex, cryptocurrencies, commodities, indices, stocks, and ETFs
  • Copy Trading Fees: Variable profit-sharing fees of up to 30%, management fee of up to 10%, volume fee of up to $10 per $1 million traded, plus standard trading commissions and spreads (charged by the connected platform)
  • Minimum Investment: $100

cTrader is another third-party option that must be connected to a partnered trading platform. It offers advanced performance metrics, helping users select a trader that aligns with their financial goals. This includes everything from return on investment, volume, and equity to the preferred assets and total number of trades.

cTrader review

One of the main drawbacks is fees. cTrader charges profit-sharing fees of up to 30% and management fees of up to 10%. It also charges up to $10 for every $1 million trading. These fees are in addition to standard trading commissions and spreads, as per the partnered broker. The minimum cTrader investment is just $100.

Pros

  • Provides extensive metrics when selecting a trader
  • Supports most asset classes
  • Get started with just $100
  • Connects with multiple regulated brokers

Cons

  • Charges profit-sharing, management, and volume fees
  • Best suited for seasoned traders

11. ZuluTrade – Choose From Over 2 Million Traders Across Multiple Assets

  • Direct or Third Party: Must be connected with a partnered trading platform
  • Assets: Forex, cryptocurrencies, commodities, indices, stocks
  • Copy Trading Fees: Standard trading commissions and spreads (charged by the connected platform)
  • Minimum Investment: Determined by the connected platform

ZuluTrade is a user-friendly copy trading platform with over 30 million users. It’s a third-party interface, so must be connected with an online broker. Options include AvaTrade, Vantage Markets, and Tickmill, among others. Zultrade supports every asset class imaginable, including forex, cryptocurrencies, commodities, indices, and stocks. That said, specific markets are determined by the connected broker.

Zulutrade review

ZuluTrade lists over 2 million verified traders; performance metrics include preferred assets, return on investment, and risk. ZuluTrade doesn’t charge fees. Instead, it takes a commission from the partnered broker whenever positions are placed. ZuluTrade is also a top social trading platform, with a thriving community, global leaderboard, and sentiment metrics.

Pros

  • Over 2 million traders to choose from
  • Multiple asset classes are supported
  • Has an in-built social trading community
  • Available on web browsers and an iOS/Android app 

Cons

  • Must be connected with a partnered broker
  • Seasoned traders might find the platform too basic

12. IG – Regulated Trading Platform Supporting MT4 and 17,000+ Markets

  • Direct or Third Party: MT4
  • Assets: Forex, commodities, stocks, indices, options, futures, interest rates,
  • Copy Trading Fees: Standard trading commissions and spreads only
  • Minimum Investment: $50 (debit/credit cards) or $0 (bank transfers)

Last on this list is IG, a regulated trading platform with over 17,000 markets. It supports hard and soft commodities, options, futures, interest rates, indices, and major, minor, and exotic forex trading pairs. It also lists cryptocurrencies, including Bitcoin, Chainlink, Cardano, EOS, Ethereum, and Bitcoin Cash.

IG supports copy trading and advanced trading tools via MT4. This means you need to buy a subscription from the MQL5 marketplace.

IG copy trading

No minimum deposit is needed on bank transfers. Debit/credit cards require at least $50. Apart from stocks, all financial markets can be traded commission-free. Spreads start from 0.6 pips when trading forex via MT4. Stock commissions vary depending on the market.

Pros

  • Lists more than 17,000 financial markets
  • Trade everything from stocks and options to forex and interest rates
  • No minimum deposit for bank transfers
  • No commissions on most assets
  • Forex spreads start from 0.6 pips 

Cons

  • Slower onboarding times when compared to other platforms
  • Real-time stock prices require a monthly fee

Our Methodology for Ranking Copy Trading Platforms

We developed a methodology when ranking the best copy trading brokers, ensuring the most important factors were covered.

Here’s a snapshot of what we focused on:

  • Direct or Third-Party Integration: We found that the best providers offer copy trading directly, meaning positions are executed in-house. Some providers require third-party integration, such as MT4, MT5, cTrader, or ZuluTrade.
  • Supported Markets: We also analyzed the available markets that can be copied. Some platforms offer thousands of instruments, including stocks, forex, indices, and commodities, while others, such as OKX, only support one asset – cryptocurrencies.
  • Fees: Copy trading fees vary wildly. Using a direct platform often means commissions and spreads are the only fees, while third-party providers often require a monthly subscription.
  • Number of Traders: Platforms with the most copy traders were prioritized, as this ensures there’s a suitable option for all investor profiles. For instance, while eToro supports thousands of traders, DupliTrader has just 11 strategies.
  • Payments and Minimums: Our methodology also explored available payment methods and minimum investment requirements. Those with the lowest minimums were prioritized.
  • Accessibility: We also explored accessibility, such as eligible countries and supported device types. The best copy trading platforms are available online and via a mobile app.
  • Research Metrics: Users should have access to comprehensive research metrics when selecting a trader. This should include the return on investment, risk, and average trade duration.

What is Copy Trading?

Copy trading is a popular tool supporting automated investments. You select a trader to copy, and all future positions are replicated. For example, suppose you’re copying a commodity trader. They go long on gold and make a 4% profit. You mirrored the same position so also made 4%.

what is

Copy trading requires no manual intervention, so you can invest passively. Most asset classes can be traded, including forex, stocks, and indices. Investment sizes are proportionate, ensuring affordability. For example, if the trader risks 10% of their balance on a trade, you’d risk 10% of the amount invested.

Copy trading is popular with beginners and even more experienced traders. You can easily replicate successful or professional traders and it can be a good way to learn trading strategies or simply remove some of the complexity from trading.

How Does Copy Trading Work?

Copy trading is a beginner-friendly concept that requires just two core steps:

  • First, you choose a trader to copy. You might opt for an experienced day trader who specializes in indices. Or a long-term ETF investor. Either way, you’d need to research the trader’s historical performance, such as return on investment and maximum drawdown.
  • Second, you decide how much to invest. This will determine the trade size whenever a position is entered.

The copy trading example below explains the process in more detail:

  • You invest $5,000 into an experienced cryptocurrency trader
  • The trader buys XRP, risking 15% of their account balance
  • You automatically buy $750 worth of XRP, which is 15% of your $5,000 copy-trading investment
  • The trader closes the position several weeks later at a 40% profit
  • You automatically close the trade and also secure 40% gains
  • You risked $750, so your profit amounts to $300 (40% of $750) before fees or commission

What Assets Can You Copy Trade?

The available assets are determined by the copy trading platform. For example, OKX and Margex only offer cryptocurrencies. While AvaTrade supports everything from stocks and forex to indices, commodities, and options.

The most popular assets supported for copy trading are summarized below:

  • Forex (e.g. GBP/USD)
  • Stocks (e.g. Apple)
  • Commodities (e.g. gold)
  • Options (e.g. stock options)
  • Futures (e.g. commodity options)
  • Cryptocurrencies (e.g. Bitcoin)
  • Indices (e.g. Dow Jones)

Benefits of Copy Trading

Consider the following advantages of copy trading:

  • Ideal for Beginners: Copy trading is particularly popular with novice traders. There’s no requirement to understand trading trends, market analysis, or technical indicators. Just pick a suitable trader who specializes in your preferred assets.
  • Take a Hands-Off Approach: The most successful traders dedicate substantial time to mastering their craft. Copy trading provides an alternative approach. You can sit back and let your chosen trader do the hard work.
  • Follow the Smart Money: You can follow the smart money when copy trading, especially when mirroring the most successful traders. Transparent performance metrics ensure you’re replicating the industry’s best.
  • Easy to Diversify: You can copy multiple traders, often on the same platform. This provides immediate diversification, a crucial risk management strategy when trading.
  • Suitable for Those on a Budget: The best copy trading platforms cater to all budgets. For example, Pepperstone doesn’t have a minimum deposit requirement.
  • Controllable Risk: You can normally choose the stop-loss percentage when copying traders. For instance, you might elect to automatically close trades if they decline by 20%. The position will be exited regardless of what the trader does.

Is Copy Trading Profitable?

Copy trading can be profitable when following successful traders. For example, the most popular trader on eToro, Jeppe Kirk Bonde, has over 28,000 followers. Bonde has had profitable weeks over 64% of the time since joining in 2013. This includes 20.4% returns year-to-date.

However, eToro, like many copy trading platforms, also has unprofitable traders. Following these traders will invariably mean financial losses. For example, suppose you copy a trader who loses 10% in the first month. You’d lose 10% of your original investment.

Pros & Cons of Copy Trading

Copy trading comes with various pros and cons, which we’ve summarized below:

Pros

  • Offers a beginner-friendly way to invest in assets
  • Doesn’t require a learning curve
  • The process is almost entirely passive
  • Diversification is easy when copying multiple traders
  • Invest money in the most profitable traders from each niche
  • Some platforms support small investment minimums
  • You can normally set the preferred risk level via stop-losses

Cons

  • You’ll lose money when copying a trader who performs poorly
  • Some platforms require third-party integration
  • Additional fees will eat into profits
  • An over-reliance on other traders
  • Performance metrics only provide insights into historical trades
  • Constant monitoring is a must

Copy Trading Platforms Fees Explained

These are the fees to expect when copy trading online:

  • Profit-Sharing: Some platforms have profit-sharing commissions, often set by the respective trader. For example, DupliTrade charges up to 30%. This means you’d lose $30 for every $100 generated by the trader.
  • Subscriptions: You’ll need to pay a monthly subscription when copy trading via MT4 or MT5. This is set by traders and averages $30, but can be more.
  • Trading Fees: Fees are also charged whenever the trader places orders. These are determined by the broker and based on the proportionate amount. For example, suppose you indirectly buy Bitcoin on OKX at a $100 stake. OKX charges 0.1%, so you’d pay a commission of $0.10.

Is Copy Trading Legal?

Put simply, copy trading is legal in any country that allows online trading. This also means the chosen platform must be approved by the appropriate jurisdiction. For example, platforms accepting US clients must be approved by FINRA. This is why eToro is a popular choice with US traders.

Similarly, platforms providing services to UK clients must be registered with the FCA. Regulations also cover specific assets and products depending on the country. For example, UK clients can’t copy traders who buy and sell cryptocurrency derivatives, such as CFDs, perpetual futures, and options.

Is copy trading legal?

Similar laws apply in the US. Moreover, clients based in the European Union are capped with leverage limits. For instance, the maximum leverage on forex copy trading is 1:30, and 1:5 for individual stocks.

Tips for Copy Trading

The following tips are essential for a safe and risk-averse copy trading experience:

  • Ensure You’re Using a Regulated Platform: It’s crucial that you only use a copy trading platform that’s adequately regulated. This ensures fair trading practices, client-fund segregation, and consumer protections.
  • Research Performance Data Thoroughly: Never copy a trader purely on recent performance. Explore their historical trading data, including risk metrics like maximum and daily drawdown. The average trade duration and win rate should also be considered.
  • Set Risk Parameters Before Starting: The best copy trading platforms offer customizable risk parameters. For example, you can manually choose a stop-loss percentage for all positions. This ensures losing trades don’t wipe your entire balance.
  • Get a Mobile App for Monitoring: We’d suggest downloading the platform’s mobile app for seamless monitoring. Check in every few days to see how your traders are performing, which assets they’re trading, and whether rebalancing is needed.
  • Avoid Copying a Single Trader: Diversification is key when copy trading. Being over-reliant on a single trader is a recipe for disaster. Similar to traditional investing, spread your funds across multiple traders from different disciplines. For example, a long-term stock investor and a forex day trader.

How to Start Copy Trading

The steps below explain how to start copy trading with eToro, a regulated platform with over 35 million users.

  • Step 1: Open an eToro Copy Trading AccountVisit the eToro website to register an account. This takes less than two minutes; just provide some basic personal information.
  • Step 2: Deposit Funds – Choose a payment method and deposit amount. Debit/credits, PayPal, and Neteller are supported, among other options. Minimum deposits start from $50 depending on the region. However, you need at least $200 to invest in copy trading.
  • Step 3: Research Traders – Now for the important part: researching which traders to copy. Click ‘CopyTrader’ and use the available filters. Research everything from return on investment and risk score to the total number of followers.
  • Step 4: Set up Copy Trading Position – Click the ‘Copy’ button and decide how much to invest in the trader, from $200 upward. Confirm to automatically begin copying.
  • Step 5 Monitor Your Trader – Use the eToro app to monitor your trader. Consider uncopying them if they no longer align with your goals and risk tolerance.

Conclusion

Copy trading platforms are ideal for passive investing, especially if you’re new to the financial markets. Remember that diversification is key to avoiding copying an unsuccessful trader. Overall, eToro could be the most suitable option for beginners.

Its user-friendly dashboard supports thousands of traders; each comes with transparent performance metrics. The minimum copy trading investment is $200 and you can deposit funds with debit/credit cards and e-wallets. Supported assets include forex, indices, stocks, commodities, and cryptocurrencies.

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more

FAQs

Is copy trading worth it?

Is copy trading good for beginners?

What are the downsides of copy trading?

How much money do I need to start copy trading?

Is copy trading the same as social trading?

Who is the best copy trader to follow?

Can traders lose in copy trading?

References

  1. 3 Strategies to Help Reduce Risk (Fidelity)
  2. FINRA Reminds Members of Their Sales Practice Obligations for Complex Products and Options and Solicits Comment on Effective Practices and Rule Enhancements (FINRA)
  3. FCA Bans the Sale of Crypto-Derivatives to Retail Consumers (FCA)
  4. Segregation of Assets and Customer Protection (FINRA)

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Best Crypto Exchanges in the US for December 2024 https://readwrite.com/cryptocurrency/best-crypto-exchanges-us/ Tue, 22 Oct 2024 09:49:15 +0000 https://readwrite.com/?post_type=commercial&p=410706 crypto exchanges in the US

US-based investors have many options when buying and selling crypto, with online exchanges being the most common. However, not all… Continue reading Best Crypto Exchanges in the US for December 2024

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crypto exchanges in the US

US-based investors have many options when buying and selling crypto, with online exchanges being the most common. However, not all exchanges offer a secure trading experience, so careful consideration is crucial.

We’ve done the hard work by ranking and reviewing the best crypto exchanges in the US. We reveal the safest exchanges, those offering the lowest fees, and everything in between. Read on to make an informed decision.

List of the Best Crypto Exchanges in the US

The best crypto exchanges in the US are summarized below:

  1. Best Wallet – The Overall Best Crypto App for US Investors
  2. Margex – A Great Option for Trading Crypto Futures With 100x Leverage
  3. MEXC – 0% Commission Trading on Thousands of Spot and Derivative Markets
  4. Exodus – Combine a Non-Custodial Wallet With Crypto Swaps and Fiat Payments
  5. BloFin – Buy and Sell Hundreds of Crypto Assets at Just 0.1% per Slide
  6. Kraken – User-Friendly Crypto Trading App Backed by an Established Exchange
  7. Coinbase – Instantly Buy Crypto With Visa, MasterCard, and PayPal
  8. Binance.US – One of the Best Options for Active Traders Depositing Crypto
  9. Bybit – KYC-Free Accounts With High Leverage and Automated Trading
  10. Gemini – Secure and Trusted Exchange But Fees are on the High Side

Reviewing the Top US Crypto Exchanges

Key factors when choosing an exchange include security, licensing, available coins, commissions, and trading tools.

Let’s take a closer look at the top 10 crypto exchanges for US investors.

1. Best Wallet – The Overall Best Crypto App for US Investors

  • Supported Cryptos: Thousands of cryptos on 60+ networks
  • Spot Trading Fees: Built into the quoted exchange rate
  • Min Deposit: $8
  • Bitcoin Withdrawal Fees: Mirrors the Bitcoin mining fee
  • FINRA Approval? No
  • KYC? No
  • Mobile App? Yes
  • Leverage: No (coming soon)
  • Staking/Earn Tools: No (coming soon)

Best Wallet is our overall top pick for US investors. It’s a free iOS and Android app with a non-custodial wallet. No account is needed; just download the app, choose a PIN, and set up biometrics. The private keys are encrypted on the device, so you own any purchased crypto coins outright. Best Wallet also offers a decentralized exchange. It enables US investors to buy crypto with a debit/credit card.

Best Wallet review

The minimum purchase is just over $8 and fees average 3%. No KYC documents are needed, meaning an anonymous investing experience. Thousands of crypto assets are supported, covering over 60 popular networks. This includes Bitcoin, Ethereum, and BNB Chain. Ultimately, this is the best option if you want to buy and store crypto away from centralized platforms, ensuring counterparty risks are avoided.

Crypto Trading Fees

Charges approximately 3% when buying crypto with a debit/credit card (fees are built into the exchange rate). Offers fee-free swaps on thousands of coins and tokens.

Key Features

Offers a hybrid solution for crypto investors, combining non-custodial storage with a decentralized exchange. Comes as a user-friendly app that offers debit/credit card purchases without KYC requirements.

Safety & Licensing

No licensing or regulatory approval, which is normal for non-custodial ecosystems. Users control their crypto assets 100%; no third-party authorization is needed.

Pros

  • Buy crypto with a debit/credit card without KYC
  • The minimum purchase requirement is just $8
  • Comes a free app for iOS and Android
  • Exchange thousands of coins and tokens without fees
  • Security features include two-factor authentication and biometrics

Cons

  • Debit/credit card fees average 3%
  • Staking features are still being developed

2. Margex – A Great Option for Trading Crypto Futures With 100x Leverage

  • Supported Cryptos: 49
  • Futures Trading Fees: 0.019% (limit orders), 0.06% (market orders)
  • Min Deposit: $5
  • Bitcoin Withdrawal Fees: 0.002 BTC
  • FINRA Approval? No
  • KYC? No
  • Mobile App? Yes
  • Leverage: 100x
  • Staking/Earn Tools: Yes

Next on this crypto exchanges list is Margex, an offshore platform offering an anonymous trading experience. Getting started only requires a phone number or email address. It specializes in crypto futures, with 49 popular markets supported. This includes Bitcoin, Solana, TRON, BNB, Dogecoin, and Chainlink. Margex futures come with leverage of up to 100x.

This amplifies profits by 100 times, but unsuccessful trades can result in liquidation (meaning the upfront margin is lost). Margex futures are also ideal for short-selling. Just place a sell order when speculating on crypto prices falling. The best commissions of 0.019% per slide are offered to market makers. A premium is paid by market takers, who pay 0.06%.

Margex exchange review

While most Margex users trade futures, the platform also supports instant crypto purchases. Over 150 payment methods are accepted, including debit/credit cards and Google/Apple Pay. The minimum deposit is just $5 and purchases are delivered instantly. Long-term investors will like Margex’s staking tools; with Ethereum and Bitcoin yielding 5% and 4% respectively.

Crypto Trading Fees

Market makers and takers pay 0.019% and 0.06% respectively.

Key Features

Crypto futures with leverage of up to 100x, with the capacity to short-sell. Staking APYs of up to 5% plus copy trading tools. Also offers a free demo account.

Safety & Licensing

No FINRA approval. Isn’t licensed in any jurisdiction, which is why KYC isn’t needed.

Pros

  • Offers crypto futures with 100x leverage
  • Long and short positions are supported
  • Buy crypto with USD from just $5
  • Earn staking APYs of up to 5%
  • Copy other traders for a passive experience

Cons

  • Crypto withdrawals are processed once per day
  • No licensing or approval in any jurisdiction

3. MEXC – 0% Commission Trading on Thousands of Spot and Derivative Markets

  • Supported Cryptos: 2,900+
  • Spot Trading Fees: 0% (limit orders), 0.02% (market orders)
  • Min Deposit: $30
  • Bitcoin Withdrawal Fees: 0.0001 BTC
  • FINRA Approval? No
  • KYC? No
  • Mobile App? Yes
  • Leverage: 200x
  • Staking/Earn Tools: Yes

MEXC has grown rapidly in recent years, with over 15 million users taking advantage of its no-KYC policy. Just an email address or phone number is needed, so you won’t be asked for personal information or a government-issued ID when joining. MEXC accepts instant USD deposits via debit/credit cards. The minimum requirement is $30.

MEXC review

MEXC lists almost 3,000 markets, covering both spot trading and futures. The latter offers leverage of up to 200x. MEXC – which isn’t regulated or approved by FINRA – offers 0% commission trading. This increases to 0.02% for market takers. Copy trading is also available, alongside earning tools with competitive APYs. MEXC offers a mobile app for iOS and Android. It’s also important to note that MEXC was ranked #2 on our Coinbase alternatives list.

Crypto Trading Fees

Market makers avoid commissions, while takers pay 0.02% per slide.

Key Features

MEXC users will find earning tools, copy trading, and advanced analysis tools. Futures trading comes with leverage of up to 200x.

Safety & Licensing

No FINRA approval, nor any regulatory licenses elsewhere. This enables MEXC to offer anonymous accounts.

Pros

  • 0% commission trading for market makers
  • Get leverage of up to 200x
  • Trade almost 3,000 crypto assets
  • No KYC is needed when registering
  • Offers a top-rated mobile app

Cons

  • No regulatory licenses are held
  • Some crypto markets come with minimal liquidity

4. Exodus – Combine a Non-Custodial Wallet With Crypto Swaps and Fiat Payments

  • Supported Cryptos: 100,000+
  • Spot Trading Fees: Built into the quoted exchange rate
  • Min Deposit: Stated in the crypto being purchased
  • Bitcoin Withdrawal Fees: Mirrors the Bitcoin mining fee
  • FINRA Approval? No
  • KYC? No
  • Mobile App? Yes
  • Leverage: No
  • Staking/Earn Tools: Yes

While Exodus is a non-custodial wallet, it offers everything needed to buy and sell crypto. This includes USD facilities, allowing users to buy crypto instantly with a debit/credit card. Exodus also offers crypto swaps, with over 100,000 pairs supported. This is a convenient way to exchange one crypto asset for another, directly within the wallet balance.

Exodus review

Exodus removes counterparty risks; nobody but the wallet owner can view the private keys. It’s free to download and available on desktops, mobiles, and browsers. Exodus also offers in-wallet staking tools, and the ability to connect to decentralized applications (e.g. Uniswap). However, analysis tools are non-existent, which will be a drawback for technical traders.

Crypto Trading Fees

Fiat purchases and swap fees are built into the quoted exchange rate. You’ll need to manually compare them to spot prices.

Key Features

Non-custodial storage with staking, swaps, and fiat facilities. Also connects to decentralized applications.

Safety & Licensing

Like all non-custodial wallets, Exodus isn’t licensed or regulated.

Pros

  • One of the best non-custodial wallets for 2024
  • Only the wallet owner controls the private keys
  • Instantly swap tokens, with over 100,000 pairs supported
  • Accepts USD payments via third parties
  • Compatible with over 50 blockchain standards

Cons

  • Lacks analysis tools like technical indicators
  • Trading fees are built into the quoted exchange rate

5. BloFin – Buy and Sell Hundreds of Crypto Assets at Just 0.1% per Slide 

  • Supported Cryptos: 300+
  • Spot Trading Fees: 0.1%
  • Min Deposit: $50
  • Bitcoin Withdrawal Fees: Quoted on the account withdrawal page
  • FINRA Approval? No
  • KYC?: No
  • Mobile App? Yes
  • Leverage: 150x
  • Staking/Earn Tools: Yes

BloFin offers hundreds of crypto assets. It’s a great option for trading the spot markets with low fees. Both market makers and takers pay just 0.1% per slide. Some of the best altcoins coins are listed, including Ethereum, XRP, Dogecoin, Solana, and Cardano. BloFin also supports crypto futures with leverage of up to 150x.

BloFin review

Users can purchase crypto instantly with Visa or MasterCard, although the minimum requirement is $50. Passive investing tools are available, covering automated bots and copy trading. BloFIn offers a clean trading interface, accessible on browsers and a mobile app. It isn’t approved or licensed by any financial bodies, meaning KYC-free accounts are offered.

Crypto Trading Fees

Market makers and takers pay 0.1% when trading the spot markets. Futures fees start from 0.06%. BloFin offers discounts when trading volumes increase.

Key Features

Offers a wide selection of investing tools, including leverage of up to 150x, copy trading, and automated bots. Earning tools and KYC-free accounts are also featured.

Safety & Licensing

No regulatory approval, meaning BloFin is an unlicensed exchange.

Pros

  • Trade hundreds of crypto markets
  • Choose from spot trading or crypto futures
  • Get leverage of up to 150x
  • Low trading commissions
  • Access automated bots and copy trading

Cons

  • The lowest commissions require high trading volumes
  • Minimum debit/credit card purchase of $50

6. Kraken – User-Friendly Crypto Trading App Backed by an Established Exchange

  • Supported Cryptos: 200+
  • Spot Trading Fees: 0.25% (limit orders), 0.4% (market orders)
  • Min Deposit: $10
  • Bitcoin Withdrawal Fees: 0.00002 BTC
  • FINRA Approval? No, but legally operates in the US and is licensed at the state level
  • KYC?: Yes
  • Mobile App? Yes
  • Leverage: 5x
  • Staking/Earn Tools: Not for US retail clients

Kraken is an established crypto exchange that launched in 2013. It lists over 200 crypto assets, including Bitcoin, Ethereum, and Solana. Kraken is a safe trading platform, with licenses at the state level, and oversight from FinCEN. It has never been hacked and takes KYC procedures seriously. US retail clients can open margin accounts for added capital.

Kraken review

These come with a minimum margin requirement of just 20%, converting to leverage of 5x. Kraken also offers perpetual futures, but these are available in the US. Kraken is a great option for mobile trading, with its iOS and Android apps offering a user-friendly experience. Payments can be made via ACH or debit/credit cards, and commissions start from 0.4%.

Crypto Trading Fees

Uses a market maker and taker system, with commissions declining as trading volumes increase. Entry-level fees are 0.25% and 0.4% for market makers and takers respectively. Instant buy fees are built into the exchange rate.

Key Features

One of the oldest and most trusted exchanges supporting over 200 markets. Offers US margin accounts with 5x leverage. Plus, a top-rated mobile app that’s ideal for newbies.

Safety & Licensing

Approved at the state level and overseen by FinCEN. Legally operates in the US, although was fined $30 million for offering unregistered staking services.

Pros

  • Trusted exchange that launched in 2013
  • Buy and sell over 200 crypto assets
  • Margin accounts offer 5x leverage
  • A great option for mobile trading
  • Minimum first-time deposit of just $10

Cons

  • Lower trading commissions are available elsewhere
  • No longer offers staking services to US clients

7. Coinbase – Instantly Buy Crypto With Visa, MasterCard, and PayPal

  • Supported Cryptos: 260+
  • Spot Trading Fees: 1.49%
  • Min Deposit: None
  • Bitcoin Withdrawal Fees: Quoted on the account withdrawal page
  • FINRA Approval?: No, but legally operates in the US and is licensed at the state level
  • KYC?: Yes
  • Mobile App? Yes
  • Leverage: Yes, margin requirements depend on the account holder
  • Staking/Earn Tools: Not for US retail clients

Coinbase is one of the most popular US crypto exchanges. Over 100 million users have a verified account. It enables US clients to instantly buy crypto with PayPal, Visa, or MasterCard. Fees are high; Coinbase charges 3.99% of the transaction amount. Coinbase also offers fee-free ACH deposits, but you’ll pay 1.49% when exchanging USD for crypto.

Coinbase review

Coinbase – which launched in 2012 – also offers crypto futures. It has approval from the NFA, meaning US retail clients are welcome. Coinbase offers custodial storage solutions with two-factor authentication and cold wallets. It also offers a user-friendly mobile app. Crucially, Coinbase offers a safe way to invest in crypto but its crypto exchange fees are well above the industry average.

Crypto Trading Fees

Coinbase users pay 3.99% when buying crypto instantly with a debit/credit card or PayPal. Commissions are reduced to 1.49% when using the spot trading platform.

Key Features

Aimed at beginners who want to invest in crypto with minimal fuss. That said, it also offers crypto futures with leverage, available to US retail clients.

Safety & Licensing

Coinbase is no longer approved by FINRA, but it legally operates in the US. It’s licensed at the state level and also boasts NFA regulation for its futures platform.

Pros

  • Trusted by over 100 million verified users
  • Licensed at the state level
  • Instantly buy crypto with a debit/credit card and PayPal
  • Allows US retail clients to trade crypto futures
  • ACH deposits are processed fee-free

Cons

8. Binance.US – One of the Best Options for Active Traders Depositing Crypto

  • Supported Cryptos: 150+
  • Spot Trading Fees: 0.4% (limit orders), 0.6% (market orders)
  • Min Deposit: Depends on the crypto
  • Bitcoin Withdrawal Fees: Quoted on the account withdrawal page
  • FINRA Approval? No, but legally operates in the US
  • KYC?: Yes
  • Mobile App? Yes
  • Leverage: No
  • Staking/Earn Tools: Yes

Binance.US is a US-only exchange that’s separate from Binance’s global platform. It no longer accepts USD payments, meaning deposits must be made with crypto. It’s a good option for active crypto traders seeking high-level charting tools. Binance supports over 150 crypto assets, so it’s also ideal for building a diversified portfolio.

Binance.US review

Trading commissions are higher than the main Binance website, with makers and takers paying 0.4% and 0.6% respectively. Discounts are available when holding BNB or trading higher amounts. All users must complete KYC and no leverage facilities are offered. Binance.US offers staking rewards; APYs are currently up to 28.9%.

Crypto Trading Fees

Market makers and takers pay commissions of 0.4% and 0.6% respectively. Traders can reduce their fees by holding BNB or meeting 30-day minimum volumes.

Key Features

Offers staking rewards of up to 28.9%, covering a wide range of supported coins. Advanced users will find high-level charting tools, including technical indicators.

Safety & Licensing

Legally operates in the US but no longer accepts USD payments.

Pros

  • Supports over 150 crypto assets
  • Advanced charting tools including technical indicators
  • Earn staking APYs of up to 28.9%

Cons

  • No longer accepts USD payments
  • Higher fees than the main Binance exchange
  • All accounts require KYC

9. Bybit – KYC-Free Accounts With High Leverage and Automated Trading

  • Supported Cryptos: 1,500+
  • Spot Trading Fees: 0.1%
  • Min Deposit: $2
  • Bitcoin Withdrawal Fees: Quoted on the account withdrawal page
  • FINRA Approval? No
  • KYC?: No
  • Mobile App? Yes
  • Leverage: 200x
  • Staking/Earn Tools: Yes

Bybit is one of the biggest global crypto exchanges. It witnessed trading volumes of almost $18 billion in the past 24 hours and boasts over 55 million users. Bybit lists over 1,500 crypto assets, including the best meme coins like Pepe, Bonk, and Shiba Inu. No KYC procedures are needed when joining, and you can withdraw up to 20,000 USDT without verification.

Bybit automated bots

Bybit offers 200x leverage on perpetual futures, meaning $2,000 worth of capital for every $100 deposited. It also supports automated bots and copy trading tools. These passive investing methods support spot trading and derivatives. Bybit is available on browsers and a mobile app for iOS and Android. Entry-level spot commissions start at 0.1%.

Crypto Trading Fees

Spot trading commissions start at 0.1% for makers and takers, with discounts offered on higher volumes. Futures trading fees are 0.055% for makers and 0.02% for takers.

Key Features

Copy trading and automated bots for passive investing. High leverage of up to 200x on futures, with short-selling options. Also offers KYC-free access.

Safety & Licensing

No regulatory licenses are held, so investors should proceed with caution.

Pros

  • Trade over 1,500 crypto markets
  • Choose from spot trading or futures
  • Leverage of up to 200x is available
  • One of the largest exchanges for trading volume
  • No KYC procedure (withdraw up to 20,000 USDT)

Cons

  • No licenses or approval from any country
  • Most products are aimed at seasoned traders

10. Gemini – Secure and Trusted Exchange But Fees are on the High Side

  • Supported Cryptos: 70+
  • Spot Trading Fees: 1.49%
  • Min Deposit: Depends on the payment method
  • Bitcoin Withdrawal Fees: Quoted on the account withdrawal page
  • FINRA Approval?: Yes
  • KYC?: Yes
  • Mobile App? Yes
  • Leverage: Not for US retail clients
  • Staking/Earn Tools: Yes (excluding New York)

Gemini is a heavily regulated crypto exchange with FINRA approval. It’s one of the leading crypto exchanges and is considered the Gold Standard for safety and security. Custodial services include insurance, cold storage wallets, and two-factor authentication. Gemini supports over 70 crypto assets, covering everything from Bitcoin and Ethereum to Pepe, Stellar, and Arbitrum.

Gemini

While safety is assured, Gemini charges high fees. This includes a 3.49% charge when buying crypto with a debit/credit card. And a 1.49% commission on standard trades. Gemini offers staking rewards on multiple coins, plus a crypto-backed credit card. The latter is ideal for spending crypto balances in the real world while earning cashback rewards.

Crypto Trading Fees

Instant purchases with debit/credit cards cost 3.49%. Standard commissions are 1.49% per slide, which is considerably more than most platforms.

Key Features

The main focus is safety and security. Gemini offers over 70 spot trading markets, a crypto-backed credit card, and staking rewards.

Safety & Licensing

Approved by FINRA and licensed by the New York Department of Financial Services. Also approved in other countries, including the UK and Singapore.

Pros

  • Provides a safety-first approach to crypto investing
  • Approved by FINRA and licensed in New York
  • Supports over 70 popular crypto assets
  • Accepts debit/credit cards and PayPal

Cons

  • Derivative products aren’t available to US retail clients
  • High trading commissions and payment fees

Our Methodology for Ranking Crypto Exchanges

Here’s our methodology when ranking the best crypto exchanges in the US:

  • Supported Cryptos: We explored what crypto markets each exchange offers, including spot trading and derivatives. This ensures all trading preferences are catered for.
  • Trading Fees: We prioritized exchanges with the lowest trading fees. Commissions were analyzed based on the market maker/taker rate, and whether discounts are available for higher volumes.
  • Minimum Deposit: The minimum USD deposit requirement was also considered for each supported payment type.
  • Regulatory Approval: FINRA-approved platforms scored the highest for safety. Those legally based in the US were also prioritized. We also included offshore exchanges without KYC procedures, as this marketplace remains in high demand. 
  • Payment Methods: We focused on crypto exchanges accepting everyday payment methods, such as Visa and MasterCard. E-wallets like PayPal and Neteller were also explored.
  • Leverage: We included exchanges offering leverage, with limits ranging from 5x to 200x. Leverage is aimed at experienced traders.
  • Trading Tools: Another key area is trading tools, including extensive pricing charts with reliable data. Not to mention automated bots and copy trading for passive investing, plus recurring buy orders for dollar-cost averaging.

Comparing the Best Crypto Exchanges in the US

The table below compares the best crypto exchanges in the US for 2024:

Crypto Exchange Supported Cryptos Spot Trading Fees Min. Deposit Bitcoin Withdrawal Fee FINRA Approval? KYC? Mobile App? Leverage? Staking/Earn Tools
Best Wallet Thousands of cryptos on 60+ networks Built into the quoted exchange rate $8 Mirrors the Bitcoin mining fee No No Yes No (coming soon) No (coming soon)
Margex 49 Futures only: 0.019% (limit orders), 0.06% (market orders) $5 0.002 BTC No No Yes 100x Yes
MEXC 2,900+ 0% (limit orders), 0.02% (market orders) $30 0.0001 BTC No No Yes 200x Yes
Exodus 100,000+ Built into the quoted exchange rate Stated in the crypto being purchased Mirrors the Bitcoin mining fee No No Yes No Yes
BloFin 300+ 0.1% $50 Quoted on the account withdrawal page No No Yes 150x Yes
Kraken 200+ 0.25% (limit orders), 0.4% (market orders) $100 0.00002 BTC No, but legally operates in the US and is licensed at the state level Yes Yes 5x Not for US retail clients
Coinbase 260+ 1.49% None Quoted on the account withdrawal page No, but legally operates in the US and is licensed at the state level Yes Yes Yes, margin requirements depend on the account holder Not for US retail clients
Binance.US 150+ 0.4% (limit orders), 0.6% (market orders) Depends on the crypto Quoted on the account withdrawal page No, but legally operates in the US Yes Yes No Yes
Bybit 1,500+ 0.1% $2 Quoted on the account withdrawal page No No Yes 200x Yes
Gemini 70+ 1.49% Depends on the payment method Quoted on the account withdrawal page Yes Yes Yes Not for US retail clients Yes (excluding New York)

What is a Crypto Exchange?

Put simply, online exchanges enable US residents to buy and sell crypto assets, whether that’s Bitcoin, Ethereum, or Solana. Some platforms allow USD deposits via debit/credit cards, bank transfers, or e-wallets.

Most exchanges charge trading commissions when placing orders, similar to stock brokers. Exchanges generate billions of dollars in daily trading volume, highlighting their popularity with US investors. Not all exchanges are approved by US authorities, so caution is advised.

How Do Crypto Exchanges Work?

Most crypto exchanges in the US offer a similar business framework:

  • Users open an account by providing personal information, contact details, and a social security number. The account is verified via a government-issued ID.
  • A deposit is made in USD, with some platforms having minimum requirements. This can range from $0 to $100 and more.
  • Users search for the crypto they want to buy, such as Bitcoin or XRP.
  • An order is placed with the exchange. This requires the amount (e.g. $50) and the order type (e.g. market/limit order).
  • The crypto assets are added to the exchange account. They can be kept there or withdrawn to an external wallet.

However, it’s important to note that some exchanges operate offshore, meaning no KYC procedures are needed. This often means access to crypto derivatives, high leverage, and low trading fees.

Different Types of Crypto Exchanges in 2024

The best crypto trading platforms in the US come in various shapes and sizes.

The most common are summarized below:

  • FINRA-Approved Crypto Exchanges: These exchanges focus on regulatory compliance, safety, and reputation. Examples include Gemini, which charges higher fees but comes with a secure framework. This is the best option for most investors in the US.
  • No-KYC Exchanges: An increasing number of US clients are using no-KYC exchanges to bypass domestic restrictions. These platforms offer anonymous accounts, derivatives like futures, and leverage limits of 100x and more.
  • Peer-to-Peer Exchanges: Another option is peer-to-peer exchanges, where US clients purchase crypto directly from US sellers. Local payment methods are often accepted, such as Cash App and Venmo. The best peer-to-peer crypto exchanges offer an escrow system for secure trades.
  • Decentralized Exchanges: This high-growth market enables traders to buy and sell crypto without centralized platforms. Orders are executed via pre-funded liquidity pools, meaning another market participant isn’t needed. This option won’t be suitable for beginners.

Crypto Exchanges Fees Explained

Crypto trading platforms charge fees like any profitable business.

How to choose a US crypto exchange

US traders should expect the following charges:

  • Instant Buy: Buying crypto instantly with a debit/credit card is usually the most expensive method. Expect to pay at least 3-5%.
  • Trading Commission: This fee is charged when buying and selling crypto. For example, exchanging USD for Bitcoin, or Ethereum for USD. MEXC offers 0% commissions, while Gemini charges 1.49%.
  • Spreads: The difference between the bid and ask prices, spreads should also be considered. They likely won’t be displayed by the exchange, so manual calculations are needed.
  • Funding Fees: Additional fees apply when trading with leverage, often charged every eight hours. The specific fee depends on the leverage amount and interest rate.
  • Crypto Withdrawals: Withdrawing crypto from an exchange will incur fees. Some exchanges replicate the real-time network fee, meaning it doesn’t add a markup. Others have a flat fee that’s often much higher.

Can Crypto Exchanges Legally Operate in the US?

Like all things crypto-related, the legalities of exchanges in the US are complex. For a start, only a small number of exchanges are approved by FINRA. That said, several exchanges operate in the US without FINRA membership, often by obtaining licenses at a state level.

This category includes Coinbase and Kraken. All legally compliant exchanges in the US must conduct KYC procedures. At a minimum, this means requesting users to upload a government-issued ID. However, millions of US-based traders use offshore exchanges.

These platforms often provide accounts without KYC demands, meaning personal information or government-issued ID isn’t needed. No-KYC exchanges typically offer perpetual futures with high leverage. These products are rarely available when using a US exchange.

Ultimately, the US is one of the most crypto-friendly countries, and it’s responsible for significant trading volumes. However, the legal framework varies depending on where the exchange is based, so do your own research before proceeding.

How to Stay Safe When Using Crypto Exchanges: Best Practices

These best practices will ensure you stay safe when using online crypto exchanges:

  • Use Reputable Exchanges: Hundreds of crypto exchanges operate in the market. Only a small selection can be trusted. Safety-conscious investors should consider exchanges approved by FINRA. Or, at the very least, licensed in their respective state.
  • Consider a Non-Custodial Wallet: The FTX bankruptcy shows that no exchange is 100% safe. Consider withdrawing any purchased crypto to a non-custodial wallet. Nobody will have access to its private keys but you.
  • Be Mindful of Scams: Crypto scams are not only becoming more frequent but increasingly difficult to detect. Ensure you’re visiting the exchange’s official website and be mindful of phishing attempts – especially when clicking links contained in emails and social media posts.
  • Install Two-Factor Authentication: Always install two-factor authentication when offered by an exchange. Account logins will only be possible when obtaining a code from the registered mobile device. This is often generated via the Google Authenticator app.
  • Consider the Investment Risks: Crypto investments are high risk – you could lose a substantial amount of money. Start slow, learn how crypto volatility works, and consider dollar-cost averaging. The latter reduces the impact of wild pricing swings.

How to Use a Crypto Exchange: Simple Guide

Using a crypto exchange is simple once you understand the basic steps.

Here’s how to get started with Best Wallet, which is our overall top pick for US clients:

  • Step 1: Download Best Wallet – First, download the Best Wallet app. You’ll find the download link on the Best Wallet website.
  • Step 2: Secure the Wallet – Set up biometrics and two-factor authentication, and choose a secure PIN. Write down the backup passphrase on a sheet of paper.
  • Step 3: Choose a Crypto to Buy – Visit the Best Wallet exchange and choose which crypto to buy. Best Wallet supports everything from Bitcoin and Shiba Inu to Dogecoin and Ethereum.
  • Step 4: Choose Investment Amount – Now type in the purchase size in USD. The minimum purchase amount is just over $8.
  • Step 5: Buy Crypto – Type in the debit/credit card details to complete the order. The purchased coins or tokens will be added to your wallet balance.

Conclusion

In summary, we’ve discussed the top crypto exchanges in the US, covering important factors like safety, trading fees, and payment methods. Overall, our top pick is Best Wallet.

It supports USD payments via debit/credit cards; no account or KYC documents are needed. Thousands of crypto assets are available, and purchases are settled instantly.

Best Wallet also offers non-custodial storage, so you own the crypto assets outright; avoiding counterparty risks.

FAQs

What is the best crypto exchange in the US?

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Which crypto exchange has the lowest fees in USA?

What is a crypto exchange?

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References

  1. Crypto exchange Kraken settles with SEC for $30 million, will close U.S. staking operation (CNBC)
  2. FTX seeks creditor votes on bankruptcy wind-down payments (Reuters)
  3. What is a phishing attack? (Cloudflare)
  4. Bitcoin’s dizzying price movements make it a risky investment, say investing experts: ‘It’s pure, unadulterated speculation’ (CNBC)

The post Best Crypto Exchanges in the US for December 2024 appeared first on ReadWrite.

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