CEX.IO announces its newest update, the PowerTap simulator, claiming that it facilitates the interface between gaming and cryptocurrency. This simulator is for gamers who have recently entered the crypto world, intending to equip them with the necessary skills and confidence to operate within the rather complicated world of cryptocurrency.

As per the details shared by CEX.IO, PowerTap is a crypto simulator targeted through entertainment as it was launched to the public in May 2024. Instead, it imitates the mechanics of play-to-earn, where a player has a small amount of capital to start with and makes the right choices related to trades in real life. The final aim is to accumulate vast game capital, which the players can convert to real value when the planned airdrop happens at the end of Q4 2024.

CEX.IO’s PowerTap Focuses on Real-World Crypto Education

The simulator includes several mini-games illustrating and teaching Staking Trading and managing financial instruments – DeFi and NFTs. These games aim to make a change for the user, no longer perceiving wealth accumulation as the main area but thinking about net wealth strategies for extended periods in cryptocurrency.

Every level of the simulator imitates the steps of actual cryptocurrency investment, emphasizing the user’s earning returns and wisely reinvesting them. As users advance in levels, they accumulate virtual assets and appreciate how to use digital assets in the real world.

A Unique Approach to Building Crypto Confidence

The fact that the PowerTap simulator’s design includes a game is one thing; it is also a way to teach the user to be an efficient crypto trader. CEX.IO does not aim to educate new users to `passively observe` the market; instead, it wants to engage its users actively by encouraging them to use the market.