Let’s explore what Blum Coin is all about and whether it deserves your attention or caution.
Although Blum isn’t widely known yet, Binance Lab, the largest crypto venture capital firm, has backed it. So, what is Blum?
Blum is a crypto trading platform integrated with Telegram, boasting a user base of over 20 million. It offers both centralized and decentralized trading across 30 blockchains. One of its standout features is peer-to-peer (P2P) trading, which provides users with flexible trading options.
**Team & Credibility:**
The team consists of former Binance employees, many of whom played a key role in developing major Binance products. Backed by Binance Lab and led by some of the most influential figures in the crypto space, Blum has solid credibility.
**Takeaway:**
Blum has the potential to become a major player within the next 5-7 years. Currently, users earn Blum points, which will convert into tokens once the platform officially launches. However, always make sure to do your own research before getting involved!
