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Muhaammaadd

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Everything posted by Muhaammaadd

  1. DeFi functionalities like savings are exactly what CEXs need to grab the attention of the non crypto users... Plus using blockchain will further enhance the trust of customers. Bitget's are going about it the right way and savings are actually a good idea
  2. 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.
  3. 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?
  4. 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?
  5. 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
  6. 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?
  7. 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.
  8. 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?
  9. 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?
  10. Smart move mate... BTC will probably ride the bull for now until after the Halving... Are you participating in the Bitget giveaway too?
  11. 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!
  12. 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.
  13. 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.
  14. 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.
  15. In a stunning display of market momentum, the PANDORA token, the first of its kind, has skyrocketed an astonishing 4872% from its introduction on February 2nd to February 7th. This remarkable performance has not only caught the attention of cryptocurrency enthusiasts but has also solidified PANDORA’s position as a groundbreaking asset in the digital currency landscape. Pandora's ERC-404 protocol revolutionizes the token landscape by seamlessly blending the qualities of ERC20 and ERC721 standards. This experimental mixed implementation enables persistent liquidity and non-fungibility for NFTs, unlocking a realm of possibilities previously unexplored. Adding to the excitement, Bitget Wallet is gearing up to introduce a specialized section dedicated to ERC-404 token market listings. This feature creates a hub for tokens that blend the best of both worlds—the liquidity of ERC-20s and the uniqueness of ERC-721 NFTs. I have come to believe that, the electrifying surge of PANDORA token and the innovative ERC-404 standard is not just a fleeting trend but a window into the future of cryptocurrency.
  16. Naturally after the debut of ERC 404, it was only natural that developers would begin to take advantage of its ability to bridges the gap between fungible (ERC-20) and non-fungible (ERC-721) tokens. One such project is the Dancing Beans ($BEANS) which allows fractional ownership of hilarious meme-inspired creatures NFTs on the blockchain. About a week ago I wrote about the exponential rise of Pandora to 20,000% plus in just five days setting the bar high for competition! I also spoke about other NFT projects like CryptoPunks and Bored Ape Yacht Club but Dancing Beans brings a fresh twist with. While Focusing on fun and interactivity and community-driven approaches the Dancing Beans team is constantly listening to their fans and creating new experiences based on their feedback... For me though, the question is if Beans can follow the successful dancesteps of Pandora and make players, NFT collectors and investors dance about the figures in their wallets. With my fingers crossed, I'm inclined to hold the Beans I bought on Bitget after the recent listing and it has already gone up by 24%... What are your thoughts guys? Pandora style or nah?
  17. One of the unique advantages I get from my gaming enthusiasm is to be exposed to cutting edge innovations in the gaming sphere. This time, I came across Altered State Machine (ASM), a project that seems to be shaking up the industry with it's decentralized AI protocol. With ASM, you own a unique AI "brain" represented as an NFT, complete with its own strengths, weaknesses, and potential for growth. Wild🔥... So in 2023 FIFA cut ties with football gaming giants EA Sports and I am now wondering if it had anything to do with the new partnership with ASM cos I can easily see how that played out. ASM has also partnered with iconic brands like Muhammad Ali and ABG, showcasing the potential of AI in the gaming industry. But ASM isn't the only player in the AI gaming space. Competitors like Alethea AI and SingularityNET are also exploring the potential of AI in gaming making it an interesting horse race. However, ASM's focus on NFT ownership, interoperability, and big partnerships is giving it a unique edge at the moment. From what I understood, ASTO is going to be the lifeblood that fuels the ASM ecosystem. It will power various aspects like gameplay, training fees, and even NFT sales. Owning ASTO gives you a stake in this dynamic ecosystem and it will be listing on Bitget with each users able to grab up to 1,250 ASTO. I have to say AI gaming is evolving rapidly, and ASM is a frontrunner. So, keep an eye on this space, guys - the future is intelligent, and it's gonna be exciting!
  18. The P2E ecosystem has always been both fun and rewarding and that world is about to welcome a game-changer in Animalia's ANIM token. With my portfolio of playing all kinds of games and recently the P2E genre, I will say Animalia is a mix of Axie Infinity and Pokemon, with a dash of Dogecoin thrown in for good measure. Animalia is a captivating new game that blends meme-tastic creatures, strategic card battles, and the power of blockchain technology. And at the heart of this ecosystem lies the ANIM token, ready to unlock a world of possibilities. With an affordable initial market cap and a bull market launch, Animalia wants everyone to join the fun. Competitors like Axie Infinity and Gods Unchained have paved the way, but Animalia brings its own unique blend of humor, education, and community focus. It's not just about battling, with Animalia you can collect unique cards, own a piece of the game, and participate in shaping its future through governance rights. Animalia also raises awareness about endangered species and the importance of animal conservation. I have to say I Animalia have done a good job with the graphics of the game albeit a card game. I saw an opportunity with the first 1,000 users who achieve a spot net buy volume of 100 USDT in ANIM/USDT pairs will receive 56 ANIM each during the current promotion on Bitget until March 1. I like to play but I love to earn too so I'm heading over! What are your thoughts about Animalia? Are you going to be an early bird to get you share of the ANIM worm?
  19. starknet seems like an exciting innovation and i hope to put it to use soon!
  20. The recent announcement by Binance regarding the discontinuation of their leveraged tokens has sent shockwaves through the crypto community. This decision, effective April 3rd, 2024, leaves many investors scrambling for alternative solutions. Recent legal challenges faced by Binance have undoubtedly impacted its operations, with the discontinuation of leveraged tokens being just one consequence. This decision leaves many traders searching for alternative platforms to pursue their leveraged trading strategies. While competitors like OKX offer leveraged tokens as well, Bitget stands out with its superior user interface, diverse product offerings, and commitment to regulatory compliance. This, combined with the ongoing challenges faced by Binance, makes Bitget an even more compelling choice for leveraged token traders. Bitget's commitment to innovation and user experience positions it as the natural successor to Binance in the leveraged token space. This is further reinforced by Bitget's recent strategic partnerships with industry leaders like Ankr and Avalanche, solidifying its position as a reliable and trustworthy platform. For the safety and longevity of the crypto ecosystem, I am glad to see the diverse array of options at the traders fingertips and that when misfortunes like that of Binance occur, there will always be reliable CEXs to mitigate its impact! what are your thoughts? Do you have or know someone that trades with Binance? what will be your advice to them?
  21. thanks for the insight! how can i check my eligibility for the airdrop...?
  22. Hello Guys. I am Muhammad and I am totally new in the IG community. I would like to make effective use of this space and be impactful or at the very least be useful to the community. But to do this will require you guys help with heads up. I believe since it will be a fruitful avenue to share experience with newbies and we will all learn from your personal experiences. Please don't hesitate to put something down, i will definitely benefit from your insight!!! thanks guys
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