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MILAAN_XREX
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Bullish
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Comparing the spot to futures volume ratio of #Bitcoin (BTC) and #Ethereum (ETH) over the past 30 days reveals interesting insights into market dynamics.
#bitcoinvsETH
#cryptotrading
#cryptomarketupdates
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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BTC
92,664.44
+4.83%
ETH
3,274.01
-0.01%
24
0
Replies
0
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Introducing A2ZCrypto: Revolutionizing Crypto Trading in India with the First Centralized Non-Custodial Swap Emerging from stealth mode, A2ZCrypto proudly unveils its inaugural product, India's pioneering centralized non-custodial swap. While we refrain from touting it as a paradigm shift, we believe it's a significant step towards realizing our vision of a Centralized Non-Custodial Exchange platform. Established in 2020 and headquartered in Kolkata, A2ZCrypto is a virtual digital asset service provider specializing in crypto asset education, advisory services, and crypto Over-The-Counter (OTC) businesses. We are registered with the Financial Intelligence Unit India (FIU-IND) as a Reporting Entity under the Prevention of Money Laundering Act (PMLA). Our swap exchange, developed in collaboration with XREX Inc., a team renowned for building and scaling global technology and security businesses, addresses the challenges in the P2P trading space. The collaboration leverages our understanding of the pain points faced by novice crypto users to create a secure, compliant, and transparent platform. Let's delve into the reasons behind the growth of P2P trading in India and the problems we aim to solve. A fundamental issue arises from the fact that many crypto exchanges in India have halted deposits and withdrawals, leading to a surge in P2P trading volumes. Consider the scenario of individuals receiving payment in crypto; they must convert it to INR for their daily needs. Unfortunately, this exposes them to scams or the risk of having their Indian bank accounts blocked due to receiving INR from illicit P2P transactions on exchanges. To tackle this, we joined forces with XREX and implemented Contract Bitcheck for P2P transactions, allowing both buyers and sellers to verify IDs and contact details before completing a transaction. Unlike other platforms, this provides a level of protection against fraud.
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The daily average of transactions on the Bitcoin network remains consistently high, indicating strong usage and demand for the world's first and largest cryptocurrency. #DigitalGold #HODL #BTC
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Despite the recent dip in the S&P500, #Bitcoin and #Ethereum are showing strong bullish signs. HODL tight, folks! ๐๐ #crypto #investing
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Exciting to see the consistent growth in BTC and ETH total exchange volume (7DMA) over the past week. Keep HODLing! ๐ #crypto #HODL #BTC #ETH
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USDT comprises over 81.5 billion dollar-pegged tokens, while USDC still remains under 30 billion tokens. No other stablecoin is even close. ERC20: USDT 44.5%, USDC 36.1% total: USDT 82.5B, USDC 29.5B, BUSD 6.6B #USDT #ETH #USDC #stablecoin #ERC20
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