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Muhaammaadd

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  1. While the posts Bitcoin halving haven't been eventful for some people so far, investors are always brainstorming effective ways for people earn with the BTC they already own. In that regards, my early morning surfing landed me at the shores of BounceBit and I believe it's CeFi + DeFi model is worth sharing. BounceBit basically is a pioneering native BTC Restaking chain that's reshaping how Bitcoin holders earn yield on their assets while securing its network through a dual-token staking system that combines the robustness of Bitcoin and the flexibility of BounceBit tokens. What was impressive in my opinion was how users generate passive income from their idle BTC. They achieved this with their first-of-its-kind Proof of Stake mechanism which leverages native BTC security while ensuring full Ethereum Virtual Machine compatibility. Supported by giants like Binance Lab, Breyer Capital, and Blockchain Capital, BounceBit is poised to transform Bitcoin’s utility and it’s Pre-Market Trading just rolling out on Bitget I believe will be another milestone in their journey.
  2. Unlike many emerging platforms that are building a reputation, Safe is already a leading provider of smart wallet infrastructure for Ethereum and EVM blockchains and their focus is to transform every Ethereum account into a secure smart account. With over 200 projects already deployed on Safe's standard, including Gnosis Pay and Worldcoin, it boasts a vast ecosystem that enables new applications in DeFi, staking, gaming, and more. Widely used by individuals and organizations for features like gasless transactions, facial recognition logins, Safe is trusted by industry giants like Vitalik Buterin, Punk6529, Shopify, and Reddit for managing their digital assets. I believe with over 8.3 million Safe accounts, 47 million transactions processed, zero critical security incidents since launch in 2018 plus a slated Bitget listing of SAFE token, Safe is setting the industry benchmark for security. Who is/are Safe’s closest competitors?
  3. Security and Transparency have always been the bedrock of cryptocurrency and focusing on these principles is particularly endearing to the crypto community. I found this to be more true when I came across BRC-20 DEX Exchange. In short, BRC-20 DEX Exchange is a DEX built on the BRC-20 protocol, offering secure and transparent trading for BRC-20 tokens. Basically, the BRC-20 DEX Bridge allows users to easily transfer BRC-20 tokens to Ethereum (ETH), Binance Smart Chain (BSC), and Polygon (Matic) networks for wider trading options. Additionally, the bridge enables transferring assets back to the BRC-20 blockchain. The BRC-20 DEX offers various utilities, including efficient bridging of BRC-20 tokens, spot trading of cryptocurrencies, and margin trading for borrowing, trading, and leveraging BRC-20 tokens. While they have gained popularity, the listing of their token BD20 on Bitget will be another milestone in their journey. Do you think BRC-20 DEX transparency and security will offset the limited number of operating chains?
  4. How Merlin Is Addressing Bitcoin Scalability With A Unique Layer 2 Approach If you've been around the crypto world for a while, you're likely familiar with the limitations of Bitcoin's Layer 1 and its scalability issues. Over time, we've seen various innovative proposals like Wormhole's unique approach to address these limitations. In this context, Merlin Chain caught my attention. It's a project that aims to tackle Bitcoin's scalability challenges by offering a Layer 2 solution built on the ZK-Rollups model. This translates to faster and cheaper transactions while maintaining security through a decentralized oracle network with anti-fraud measures. Developed by the well-established Bitmap Tech team, Merlin Chain boasts a market cap exceeding $500 million. Their key objective has always been to empower existing Bitcoin assets by enabling them to interact seamlessly on the Layer 2 network. I believe backing from 20+ prominent VC firms like OKX Ventures and ViaBTC suggests confidence in Merlin Chain's future. MERL was launched as the first token on Bitget's pre-market trade platform and had a commendable price action. Is Merlin Chain's Layer 2 solution a long-term solution to this issue? Let's hear your candid opinions in the comments section below! Cheers! #Bitcoin #btc #halving #transactions #merlin #merl #bitget #web3 #wormhole
  5. Just recently, I wrote an article about how a Solana blockchain art project (Artrade) is helping artists raise their earnings and even further transforming their physical works into RWA essentially NFTs. With that in mind, I came across Rarible, a marketplace that focuses on digital art and NFTs and the similarities of the platforms caught my attention. Rarible allows artists to sell their creations as NFTs, essentially digital certificates of ownership and cuts out middlemen, connecting artists directly with buyers. Beyond trading, Rarible offers a somewhat user-friendly interface for creating NFTs, even for beginners. The platform unlike Artrade is built on the Ethereum blockchain and uses its own token, RARI, for governance and rewarding active users. In the long term they seem building with the goal of becoming a DAO in the future While it’s still early days, I have no doubt Rarible offers a unique approach to buying, selling, and creating digital art, and the recent listing on Bitget will further expose it to new communities and potential investors. Do you think RARI's approach will be sustainable as a marketplace for NFTs?
  6. I came across an interesting new meme token called EPIK that launched on the Solana blockchain earlier this month. It features a playful little duck character and has been gaining traction since its debut. In my opinion, several factors contribute to EPIK's potential. Meme coins naturally attract attention, and EPIK's unique duck character design helps it stand out. Additionally, backing from crypto influencers has fueled market interest. It seems on-chain activity is also picking up steam, with daily TV reaching millions of dollars and the number of holders approaching 10,000. With a strong community presence in both English-speaking and Chinese-speaking communities, a recent listing on Bitget potentially exposing it to a much wider audience, coupled with the potential for further price increases, I believe EPIK is a project to keep an eye on.
  7. I couldn't agree more... the main concern will be of the other users' assets. How do they intend to secure them when the potential ramification are come to their door steps?
  8. This is a surprising stance taken by BingX and a commercially detrimental one no less! i wonder what fuels this kind of behavior and what the long time consequences are?
  9. Smart move mate... BTC will probably ride the bull for now until after the Halving... Are you participating in the Bitget giveaway too?
  10. Ive been doing some research on DeFi options lately, and Chainge seems to be on the rise. It is positioning itself as a one-stop shop for cross-chain trading, offering a decentralized exchange (DEX) for swapping tokens across different blockchains. What was impressive in my opinion is their multi-chain wallet for storing assets securely and a bridge to facilitate easy transfers between 55+ blockchains. This could be handy for users looking to diversify holdings across various networks. Beyond trading though, XCHNG seems to offer additional DeFi functionalities like staking and yield farming, potentially allowing passive earning. While it may boasts over $1 billion in trading volume and a slated Bitget listing, I have to say that it is normal to find a number of these features in one DEX or CEX but usually not all in one... Do you think newbie like Chainge can be a household name in the future? What do you think they have to do to keep up the momentum? Let's here your opinion in the comment section!
  11. Originally conceived as just a crypto bridge platform Wormhole (W) is building up as a leading cross-chain protocol, revolutionizing communication and asset transfers across more than 30 blockchain and Layer 2 networks. Wormhole has swiftly evolved into a comprehensive cross-chain protocol, marking significant milestones by processing over 1 billion cross-chain messages and facilitating transactions exceeding $40 billion in crypto funds. Offering a suite of products such as the Wormhole Messaging protocol, Wormhole Connect for seamless integration of cross-chain asset bridging, and the Wormhole Gateway for Cosmos ecosystem interoperability, developers have access to essential tools for enhancing connectivity within the blockchain space. Backed by substantial funding and with a valuation of $2.5 billion, Wormhole enjoys strong financial support from prominent VCs like Coinbase Ventures and Brevan Howard, underscoring its strategic positioning in the cross-chain bridge ecosystem. With a promising tokenomics model and an recent listing on Bitget, Wormhole stands as a dynamic project set to redefine the landscape of cross-chain operations and functionality in the crypto sphere.
  12. In an unprecedented surge of activity, the meme token $MFER has captured the crypto community's attention, recording a massive $104 million in trading volume within its first 24 hours. With around 23,000 holders already, its market capitalization is rapidly expanding, indicative of a burgeoning phenomenon. What sets $MFER apart is not only its remarkable trading activity but also its widespread popularity on social media and extensive media coverage, fueled by an active community championing the project. Behind $MFER is an experienced founder recognized for the successful NFT project, Mfers, enhancing the project's credibility. This meme token, doubling as an accessible NFT, has distributed all its coins, confirmed the renouncement of its contracts, and announced the locking of LP tokens. With a listing on giant CEXs like Bitget, $MFER represents a unique blend of hype and substance, promising an early-stage investment opportunity in the meme coin space that is both lucrative and captivating.
  13. Binance is discontinuing all Nigerian Naira (NGN) services and they said we users are encouraged to withdraw or convert our NGN before March 8th, 2024. I didn't know how big the issues with Binance was but I was kinda expecting this... As a Nigerian, I was prompted to switch platforms after this announcement. Bitget came up as a strong alternative, and I decided to give it a try cos of its long clean track record amongst others. Here's how I managed my transition: 1. First, I withdrew my NGN from Binance promptly. 2. Then, I set up my Bitget account. I followed the steps for registration, which were straightforward. 3. Next, I transferred my crypto holdings. Since Binance would have converted my NGN to USDT by default, I directly moved my USDT to my new Bitget account. 4. I spent some time exploring Bitget's features. As a trader, I was interested in futures and spot trading, but what really caught my attention was the copy trading feature—it seemed perfect for when I'm too busy to trade on my own. 5. Finally, I completed the KYC (Know Your Customer) verification. The whole experience with Bitget has been user-oriented and the shift to a new platform seemed daunting at first, Bitget's ease of use and strong customer support smoothed the process.
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