Amsterdam, Netherlands, September 18th, 2024, Chainwire

Token 2049 Attendees Can Collect DOTphin Proof of Presence Digital Avatars and Contribute to Real-World Environmental Impact

 Sovereign Nature Initiative (SNI) has joined forces with Unique Network and WalletConnect to launch DOTphin, an innovative Polkadot NFT project for attendees of Token 2049 in Singapore. Attendees are invited to visit the Polkadot booth (Booth #P34 and 42, located on level 5 of the Marina Bay Sands Convention Center) and collect their Proof of Presence (PoP) and begin their journey with DOTphin avatars which evolve through user interaction and contribute to real-world marine conservation efforts.

By participating in the DOTphin experience, Token 2049 attendees can collect a PoP, unlocking stages in the avatar’s evolution, which is influenced by ecological data from SNI’s marine conservation partner, Aquasearch. This innovative fusion of blockchain and ecological impact empowers users to play a role in preserving marine life while engaging with cutting-edge technology.

Catherine Bischoff, CEO of SNI shared, “Our goal at Sovereign Nature Initiative is to rethink the economics of biodiversity conservation and restoration. Through DOTphin, we have pioneered a groundbreaking approach to merge community engagement and the protection of our natural world by connecting digital collectibles with living entities. We add meaning to virtual realms by distributing dynamic assets that are verifiably making real world impact.”

To claim PoPs or other Proofs, users can visit the SNI Website or scan QR codes encountered at events. This will direct attendees to the claim process, which involves logging into an account. For those without an account, it can be created easily using an email address, social profiles, or digital wallets. The process is designed for simplicity and efficiency, making it easy to manage and claim Proofs.

Once PoPs are collected, the next step is evolving the DOTphin. This can be done by visiting the REAL Evolution page on the REAL portal. The same sign-in credentials used to claim Proofs are required to connect the account. The evolution process begins with the acquisition of the primordial “orbo”, which acts as the starting point; once hatched, it marks the commencement of the DOTphin’s evolution.

To evolve the DOTphin, other collected PoPs and Proofs are utilized. On the REAL Evolution page, select the evolve option, choose the Proofs to be applied, and the DOTphin will develop accordingly. Each Proof influences the characteristics of the DOTphin, making it a personalized representation of individual engagement and achievements. The selected Proofs will shape the DOTphin’s evolution, creating a unique avatar.

The DOTphin avatar aesthetic is heavily influenced by the artistic style seen in Japanese anime. This design decision creates a significant and relatable connection between the general audience and the digital companion and promotes the idea of caring for an object as it evolves over time. The acclaimed designer behind the art is Daria Smakhtina, from Ephemera One.

About Sovereign Nature Initiative

Sovereign Nature Initiative (SNI) is a non-profit organization dedicated to rethinking the economics of biodiversity conservation and restoration. Leveraging cutting-edge technologies, SNI creates innovative solutions that connect digital assets with real-world ecological impact. Through its proprietary tech stack—DEEP Protocol and the REAL Portal—SNI integrates live ecological data into digital collectibles, ensuring a sustainable funding channel for biodiversity efforts. The DEEP protocol gathers data from biodiversity stewards, while the REAL Portal continuously verifies commitments, linking users to tangible proof of their environmental contributions. SNI’s work, including pioneering projects like DOTphin, fosters community engagement and creates a new form of digital accountability for conservation.

About Polkadot

Polkadot is the powerful, secure core of Web3, providing a shared foundation that unites some of the world’s most transformative apps and blockchains. Polkadot offers advanced modular architecture that allows devs to easily design and build their own specialized blockchain projects, pooled security that ensures the same high standard for secure block production across all connected chains and apps connected to it, and robust governance that ensures a transparent system where everyone has say in shaping the blockchain ecosystem for growth and sustainability. With Polkadot, users are not just participants, they’re co-creators with the power to shape its future.

Contact

PRJonathan DuranDistractiveJonathan@distractive.xyz

The post The Sovereign Nature Initiative Releases DOTphin: Eco-Evolving Avatars On Polkadot at Token 2049 in Singapore appeared first on CoinChapter.

Singapore, Singapore, September 18th, 2024, Chainwire

New global crypto exchange offers competitive leverage and yield-earning cash sweeps, offering users up to 8% on cash and stablecoin balances.

Figure Markets, a leading decentralized custody marketplace for digital assets, today unveiled its global crypto exchange based out of the Cayman Islands, offering a wide array of new features and yield-earning opportunities. One of the standout offerings is a new yield sweep for eligible global users on cash and stablecoin balances with rates up to 8% annualized. U.S. users may also benefit from earning up to 3% annualized on USD balances held at an FDIC-insured bank.

Following its U.S. launch in August, the launch of the Cayman-licensed global crypto exchange is part of Figure Markets’ ongoing mission to democratize finance by providing robust trading options and advanced financial products to users worldwide. The global platform is designed to enhance the trading experience by offering a high cash leverage and a decentralized custody solution and cross-collateralization that keeps users in control of their assets, reducing the risks associated with traditional centralized exchanges.

“We’re committed to righting the wrongs of the past and providing users with the tools they need to trade, borrow, and invest on the platform while minimizing exchange risk,” said Mike Cagney, CEO and Co-Founder of Figure Markets. “This global expansion is a major milestone for us in addressing the issues caused by centralized exchanges and leveling the playing field for all traders. We are building a financial ecosystem where everyone has the opportunity to be an owner.”

Cash yields on non-USD and stablecoin balances are derived from an innovative fund backed by real-world assets on blockchain. The fund operates with daily liquidity and automatic sweeps to ensure user funds are always working to generate returns.

“We are excited to introduce this innovative feature that directly addresses the needs of our members,” said June Ou, President of Figure Markets. “By offering the ability to earn high returns on idle cash while mitigating trading friction, we are empowering our traders to optimize their capital and enhance their overall trading experience.”

Along with the new yield offering, the exchange is also offering qualified members up to 5:1 margin. Exchange members can cross-collateralize their positions seamlessly – using BTC balances to buy ETH, for example. This will be complemented by upcoming higher and expanded leverage offerings, including a broad set of perpetuals covering crypto, commodities, FX and equities by year-end.

About Figure Markets

Figure Markets is democratizing finance through blockchain. Figure Markets is building the exchange for everything – a decentralized custody marketplace for crypto, stocks, bonds, credit and more. The company is bringing best-in-class leverage, margining, and liquidity to our exchange, while offering our members extensive borrowing options and unique investment opportunities. Figure Markets puts its members in control of their assets and data, disintermediating legacy brokers, exchanges and lenders.

Figure Markets is backed by leading venture capital firms and strategic partners, including Jump Crypto, Pantera, Distributed Global, Faction Lightspeed, NewForm Capital and CMT Digital. Figure Markets was founded by a seasoned team of entrepreneurs and operators from TradFi, fintech, and DeFi, including Mike Cagney and June Ou.

Learn more at www.figuremarkets.com.

Contact information

Paula Machado Jackler

Director, Marketing

Figure Markets

press@figuremarkets.com 

Contact

Paula Jacklerpjackler@figuremarkets.com

The post Figure Markets Announces Global Launch, 8% Yield Opportunity appeared first on CoinChapter.

NAIROBI (CoinChapter.com) — Binance has denied any responsibility for the $230 million WazirX hack. The denial came after WazirX co-founder Nischal Shetty suggested Binance should compensate affected users. Binance clarified it never completed the acquisition of WazirX’s parent company, Zettai Pte Ltd, and had no control over WazirX during the hack.

Binance Distances Itself from WazirX $230M Hack

In a Sept. 17 statement, Binance denied any involvement in WazirX’s operations during the July 18 hack. Binance clarified that although it had signed a contract to acquire WazirX’s parent company, Zettai Pte Ltd, the deal never closed because of Zettai’s failure to meet obligations. The exchange reiterated that it never “owned, controlled, or operated WazirX” and placed full responsibility for the compromised wallet on WazirX and its custodian, Liminal.

Binance denies blame in $230M WazirX hack, urges user repayments. Source: Binance Blog

Binance also criticized WazirX co-founder Nischal Shetty, accusing him of making “misleading statements” to deflect blame. The July 18 hack, which resulted in over $230 million being stolen, targeted a multisignature wallet jointly managed by WazirX and Liminal. Binance emphasized it had no involvement in the wallet’s management.

Zettai Pte Ltd sought legal protection by filing for a moratorium in Singapore’s High Court on Aug. 27. During court proceedings, Shetty admitted the hack had wiped out nearly half of WazirX’s assets. Despite Binance’s attempts to verify the hack and assist WazirX, it stated that its efforts were ignored, with WazirX failing to provide any information on the incident.

WazirX Users Face 45% Loss as Exchange Refuses to Share Past Profits

In a Sept. 16 town hall, WazirX proposed a restructuring plan that would see users take a 45% hit on their investments. The exchange also stated it would not share past profits with affected users, further aggravating the situation.

Nischal Shetty leads WazirX town hall on September 16, 2024. Source: YouTube

Shetty defended the decision, reiterating that Zettai does not control WazirX profits. Users, however, criticized the exchange, with some accusing Shetty of avoiding responsibility.

WazirX users have expressed frustration with the exchange’s handling of the situation, calling for Shetty to compensate users directly. Some users, such as @CryptoMan451715, accuse Shetty of fraud, urging him to sell WazirX and leave the crypto industry altogether.

Binance has made it clear they hold no responsibility for the WazirX hack, while frustrated users continue to press WazirX leadership for answers and compensation.

The post Binance Denies Blame in $230M WazirX Hack, Calls for User Compensation appeared first on CoinChapter.

Binance has launched Moonbix, its first Play-to-Earn (P2E) game, available on Telegram’s Mini App. The game integrates cryptocurrency rewards with space-themed gameplay, offering players new earning opportunities in the expanding blockchain gaming sector.

Moonbix Offers Crypto Rewards Through Space Gameplay

Moonbix immerses players in a space adventure, letting them control a spaceship with a claw-like manipulator to collect items such as yellow stones and gifts scattered across galaxies. These items hold in-game value, and as players gather them, they advance up the leaderboard. Top-performing players earn crypto rewards based on their success.

Binance Moonbix tap to capture the P2E game. Source: Telegram

Additionally, players can engage in quick drop games like Blum, where each play session allows users to earn points and boost their leaderboard ranking. Rewards, issued in the form of in-game tokens, can be used within Moonbix.

To claim these rewards, users must complete Binance’s KYC process and link their Binance accounts.

Binance Sets Strict Rules for Moonbix Participation

Participation in Moonbix is governed by Binance’s specific terms and conditions for prize promotions and the standard Binance terms of use and privacy policy. Binance has reserved the right to disqualify users if they engage in dishonest behavior, such as market manipulation or bulk account registrations.

Binance Telegram Mini App Terms and Conditions. Source: Binance

Furthermore, Binance holds the discretion to amend the terms of the activity, including canceling or suspending it without prior notice.

Early Access and Future Prospects

Although Binance hasn’t made an official announcement, early access links for Moonbix have already surfaced, generating excitement. A user on X named Damx confirmed that Moonbix is from Binance, further sharing a link to the company’s website with terms for its Telegram Mini Apps.

Damx Clarifies Moonbix’s Association with Binance Terms. Source: X

Although Binance’s support page confirmed its authenticity, it’s wise to wait until they make the official announcement before linking your Binance account. Binance plans to announce soon, but it’s safer to proceed with caution in the meantime.

The post Binance Launches Space-Themed Play-to-Earn Game ‘Moonbix’ appeared first on CoinChapter.

The Pi Network community is approaching a critical deadline. By September 30, 2024, all users must complete their KYC verification and deposit their NFTs on PiBridge. Missing this deadline could result in losing access to essential features and opportunities within the platform.

KYC Deadline: Complete Verification Before September 30

The Pi Core Team has set a deadline for users to complete their Know-Your-Customer (KYC) verification. As of now, over 13 million users have successfully passed KYC, and six million have migrated their Pi to the mainnet. This verification is mandatory for users who want to be fully part of the network’s growth.

Pi Network Mainnet Migration Update. Source: PiCoreTeam on X

The Pi Network team advised users,

“Make sure you don’t miss your deadlines to submit KYC or migrate your Pi. Ask your Security Circle and Referral Team to take actions before the Grace Period ends.”

By completing this process, users will be ready for future updates in the platform.

NFT Deposits on PiBridge to Close Soon

PiBridge, a decentralized financial platform that connects the Pi Network to other blockchain networks, has also announced an important deadline. Miners need to deposit their non-fungible tokens (NFTs) on the PiBridge application before the gateway closes on September 30, 2024.

PiBridge Miner NFT Deposit Deadline Notice. Source: PiBridgeOrg

The recent opening of the NFT Pool on PiBridge allows miners to stake their NFTs and maximize their digital assets. In their announcement, PiBridge stated,

“PiBridge will soon close the Miner NFT deposit gateway to transition to the next development phase. Don’t miss the chance to deposit your Miner NFT and stake on the app.”

Mainnet Open Roadmap to Be Revealed in December

The Pi Core Team has also announced a significant update regarding the mainnet. By December 2024, they will release the mainnet open roadmap, expected to enable the buying and selling of Pi tokens on official platforms. This roadmap marks an important milestone for the Pi Network as it gears up for broader adoption.

Pi Network December Mainnet Roadmap Announcement. Source: PiNetworkLap

The mainnet launch was a key topic during an August talk show hosted by PiBridge, where users were encouraged to prepare for upcoming developments. Soon after, the Pi Core Team confirmed the December timeline for revealing the roadmap.

The post Urgent Deadline for Pi Network Users: Complete KYC and NFT Deposits by September 30 appeared first on CoinChapter.

Pi Network KYC deadline looms as token shows a bullish pattern.

NOIDA (CoinChapter.com)—As the Pi Network’s KYC grace period approaches its critical deadline, users are urged to submit their KYC applications by Sept. 30, 2024, to avoid losing most of their mined Pi. While over two million users have completed the process, many remain stuck due to system blocks or technical issues.

With no official extension announced yet, the Pi Network users must also prepare for the Dec. 31 Mainnet migration deadline to safeguard their token holdings and continue participating in the Pi ecosystem.

Meanwhile, the still imaginary Pi coin’s price has formed a bullish technical pattern, which could excite PI coin users about the mainnet launch, which is supposedly coming soon.

The Imaginary Token Forms A Bullish Pattern

The PI USDT IOU pair has formed a bullish technical setup called the ‘falling wedge.’

PIUSDT pair formed a bullish setup with a 36% upside target.

Two converging downward trendlines that connect lower highs and lower lows form the falling wedge, a bullish reversal. The narrowing structure shows that, despite the ongoing downtrend, the bearish momentum is gradually weakening, often preceding an upward breakout.

The key feature of a falling wedge is that the slope of the lower trendline is steeper than that of the upper trendline, indicating that selling pressure is dissipating. When the breakout occurs—typically upward—it signals buyers taking control.

To estimate the potential price target after a breakout, traders measure the vertical distance between the widest points of the wedge and project that range from the breakout point upwards. Increased trading volume during the breakout confirms the strength of the reversal, reinforcing market confidence and the likelihood of success.

According to technical analysis rules, the PI USDT IOU conversion rate might rally over 36% from its current level to reach the pattern’s projected target of nearly $43.3.

PI Coin IOU Price Remains Stagnant

For the better part of Sept. 2024, the Pi Network token’s IOU price has been moving laterally between $30 and $34.

PIUSDT daily price chart with RSI.

However, if the token starts a rally upward, the Pi Network coin price might rise to the resistance near $33.3. Breaking and consolidating above the immediate resistance might help PI coin price target the resistance near $35.

On the other hand, a drop in prices would stress the PI coin support level near $31. Failure of the immediate support level would see the Pi Network token crash to the support level near $29.7 before recovering.

The RSI for PI coin remained neutral, with a score of 44.17 on the daily charts.

The post Pi Network KYC Deadline Looms as Token Shows Bullish Pattern appeared first on CoinChapter.

On Monday night, Donald Trump officially entered the cryptocurrency space by announcing World Liberty Financial, a project centered around a new WLFI token. The announcement came during a live X Spaces event, which revealed key aspects of the project, including its governance structure and the involvement of Trump’s family members.

Live Crypto Discussion with Trump. Sourec: WLFIonX Trump’s Shift to Cryptocurrency and Launch of World Liberty Financial

Donald Trump first ventured into the crypto world in 2022, with the launch of his NFT trading card collection, which sold out in a day, bringing in $5 million in sales. Despite earlier criticizing Bitcoin, Trump has gradually embraced crypto, even headlining a Bitcoin conference in Nashville in July 2024.

Trump’s Anti-Crypto Tweet. Source: @realDonaldTrump

Hints of World Liberty Financial surfaced in August, with Trump and his sons promoting the initiative on Truth Social and a new Telegram channel. The project aims to provide financial solutions to underserved communities. However, the plan to restrict access to the WLFI token to accredited investors—those with a net worth of $1 million or more—seems to conflict with this mission.

Who Can Buy the WLFI Token and When Will It Launch?

During Monday’s X Spaces, Trump’s team outlined the core elements of World Liberty Financial. The WLFI token will be a governance token, giving holders voting rights in the project. However, the token will be nontransferable and will not earn any yield, which may limit its appeal.

Only accredited investors can buy the WLFI token. This move may help the project bypass some SEC registration rules. By classifying the token as an unregistered security, the project avoids certain legal requirements. The token allocation will see 63% sold to the public, while 20% will go to the development team. Specific details about the launch date were not provided during the event.

Concerns Over Governance and Potential SEC Response

The governance structure of World Liberty Financial has raised concerns within the crypto community. A leaked white paper showed similarities with Dough Finance, a DeFi project that suffered a hack earlier this year. This has led to worries about the project’s security.

Additionally, with Trump running for president, some critics are concerned that the WLFI token may create opportunities for conflict of interest. They worry that supporters could use the token to gain influence, or that Trump could pressure regulators to favor his business interests. The SEC has recently been focusing on enforcement actions against crypto companies, and how it will respond to World Liberty Financial remains to be seen.

As the 2024 election approaches, Donald Trump’s World Liberty Financial adds a new layer to politics and cryptocurrency. The project could affect both industries. The regulatory response will also shape the future of crypto.

The post Trump’s WLFI Token: Who Can Buy It, When It Launches, and How the SEC May React appeared first on CoinChapter.

On September 16, Blum Crypto addressed ongoing rumors about an imminent token listing or airdrop coming up on September 20. The team announced that September 20 is indeed not a confirmed date for any such event, quashing speculation that had been circulating on the internet. Blum emphasized that if there is to be any airdrop or listing, they will announce it officially on both their verified X account and Telegram channel. 

Source: X

Blum has had to clarify similar rumors several times before. In May 2024, the Blum team clearly stated, “No, there’s no Blum token nor NFT yet. We’ll announce it officially, if anything.” even after repeating this clearly several times, they failed to stop the growing rumours of an airdrop and a listing.

In August 2024, the team reiterated that there were no immediate plans for a token or NFT release. They warned users to be cautious of scams involving fake tokens and NFTs, advising them to avoid unofficial sources and false claims. Additionally, in September, the Blum team replied to a user’s question regarding a Blum airdrop and listing with another denial of any upcoming events.

Blum is a hybrid cryptocurrency exchange that integrates both centralized (CEX) and decentralized (DEX) trading options within a single platform. Since its launch in April this year, Blum Crypto has gained over 60 million users, 6 million YouTube subscribers, and 20 million wallets on its platform. 

Blum Airdrop — If Not September 20, Then When?

Moreover, Blum has a reward mechanism called Blum Points (BPs). Users can earn these points by engaging with the platform—clicking a “farm” button, inviting friends, and completing other tasks. While the team has hinted that these Blum Points might eventually be converted into a BLUM token or another form of asset, they have not confirmed this. Currently, these points serve players within the Blum ecosystem, facilitating various boosts and benefits.

As of now, there is no official word on the launch date of the Blum token.

The post Blum Crypto Finally Breaks Silence On September 20 Airdrop appeared first on CoinChapter.

Ethereum ETF Outflows Continue As ETH Price Hits 3.5-Year Low Against Bitcoin.

The recent data on Ethereum ETF flows provides clear insights into the fluctuations within the cryptocurrency investment landscape. On September 3, 2024, Grayscale’s Ethereum Trust (ETHE) registered a substantial inflow of $52.3 million, indicating strong investor interest.

Yet, the following day, the fund experienced a significant outflow of $40.6 million, suggesting a quick change in investor strategy, possibly due to profit-taking or adjustments in response to shifting market conditions.

Ethereum ETFs Witness Continued Outflows Amid Market Caution

Other significant movements were observed on September 11 and 16, 2024, where outflows of $20.1 million and $13.8 million respectively indicated continued investor caution.

Ethereum ETF Flow Analysis. Source: Farside

On the most recent day reflected in the data, September 16, 2024, specific Ethereum ETFs saw outflows. The Fidelity Ethereum ETF (FETH) reported an outflow of $2.1 million, and the Grayscale Ethereum Trust (ETHE) saw a substantial outflow of $13.8 million.

From August 29, 2024, to September 16, 2024, the cumulative net flow into Ethereum ETFs, accounting for both inflows and outflows across different funds, is approximately $590.8 million in net outflows. This value reflects the overall reduction in holdings within ETFs.

Ethereum Hits 3.5-Year Low Against Bitcoin Amid Market Challenges

Ethereum (ETH) has hit its lowest level against Bitcoin in over three and a half years, last seen in April 2021. This significant drop has sparked discussions among analysts and investors. They are debating whether Ethereum has reached its bottom or if it could fall further.

Alex Thorn, the head of research at Galaxy, has noted a critical milestone: the ETH/BTC ratio has dipped below 0.03 for the first time in years. This marks a 53% decrease since Ethereum adopted proof-of-stake in September 2022. He expressed concerns over what might stop this downward trend.

Ethereum’s 3.5-Year Low Against Bitcoin. Source: @intangiblecoins

Fred Krueger, an investor and mathematician, dramatically described Ethereum as “on the edge of collapse” in comparison to Bitcoin. He highlighted the significant disparity in ETF inflows between the two cryptocurrencies as a contributing factor to Ethereum’s lackluster performance.

Since their launch, Bitcoin ETFs have drawn in over 305,400 BTC. In contrast, Ethereum ETFs in the U.S. have seen net outflows totaling $581 million. Grayscale’s Ether ETF has experienced the bulk of these outflows, amounting to $2.7 billion.

ETH vs. BTC: Collapse Warning by Fred Krueger. Source: X

Despite these challenges, not all market observers are pessimistic. Hedgex noted that the relative strength index (RSI) for ETH/BTC is at historic lows, a condition that has occurred only five times before in Ethereum’s history. Each of these instances was followed by significant price recoveries, suggesting potential for a future upturn in Ethereum’s market value.

Ethereum’s Daily Market Update: Price Surge and Trading Insights

At the time of writing, Ethereum (ETH) is priced at $2,366.73, marking a daily increase of 3.92%. The cryptocurrency’s market capitalization has reached approximately $284.8 billion, securing its position as the second-largest digital asset.

Ethereum Market Performance Snapshot. Source: CoinMarketCap

Despite a 9.53% decrease in trading volume over the past 24 hours, Ethereum’s value has shown resilience, with a notable upward trajectory in its price throughout the day. The volume-to-market cap ratio stands at 5.56%, reflecting active trading relative to the overall market size.

The post Ethereum ETF Outflows Continue As ETH Price Hits 3.5-Year Low Against Bitcoin appeared first on CoinChapter.

WatBird has officially opened the WAT coin claim for users ahead of its airdrop and listing on Bitget. The $WAT token will be available for trading on Bitget starting on September 23. Users can now claim their WAT coins either to a Bitget account or a TON Wallet.

Source: X

WatBird offers two options for users to claim their $WAT tokens. The first option allows users to claim half of their WAT coins during the Token Generation Event (TGE) and receive an additional 3.4 times their claimed amount over the next three months by joining WatBird’s MoonClub. The second option enables users to claim all their WAT coins at the TGE and receive 0.5 times more in three months. Alternatively, users can claim all their tokens at once, but with a smaller bonus.

The WAT coin launch, scheduled for September 23, will take place during the TGE.  Players and investors participating in the WatBird ecosystem need to claim their tokens before the TGE to take advantage of the options provided.

Details of the WAT Coin Airdrop

WatBird is a blockchain-based game built on The Open Network (TON) blockchain. The game features simple mechanics where players navigate obstacles and collect points. WatBird allows players to earn rewards called WatPoints by completing in-game challenges. WatPoints can be converted into WAT tokens, which hold real-world value.

WatBird will conduct a $WAT token airdrop as part of the Token Generation Event (TGE) on September 23. The airdrop will distribute WAT tokens to eligible participants within the ecosystem. Players can earn $WAT tokens by participating in WatBird gameplay and staking GMEE tokens. Users can also earn tokens by joining specific rewards events and competitions on the GAMEE platform.

Notably, the airdrop allows participants to acquire WAT tokens before they become available for trading on exchanges like Bitget. The trading platform is also running a campaign where users can participate to share 57,143,640 $WAT. 

The post WatBird WAT Coin is Live Now On Bitget Ahead Of Airdrop— Here’s How to Claim appeared first on CoinChapter.

Rocky Rabbit is a play-to-earn game on Telegram, offering players the chance to earn rewards by completing daily tasks. The game allows players to train and battle their characters, known as “Rocky Rabbits,” to increase their rewards. Every day, players can participate in challenges such as the Daily Combo and Riddle of the Day to earn in-game rewards and tokens. Below is the “Rocky Rabbit Daily Combo” for September 17.

Rocky Rabbit is a Telegram-based crypto tap-to-earn game which has already listed its RBTC token on several crypto exchanges ahead of the airdrop. Before airdrop takes place, players can earn more Rabbit Coin ($RBTC) and other rewards by participating in daily challenges like the SuperSet Combo.

Rocky Rabbit Daily Combo SuperSet : September 17

The Rocky Rabbit SuperSet Combo for September 17 gives players a chance to earn up to 2,000,000 free tokens. Players need to select the correct combination of three cards to complete the combo and claim the rewards. Today’s combo cards are:

Today’s Rocky Rabbit SuperSet Combo.

Before Bed: Navigate to the Fighter Tab, select Claim Tab, and choose Supplements.

Nutrition: Go to the Fighter Tab, choose Upgrade Tab, and pick Diet.

Morning: Access the Fighter Tab, select Claim Tab, and choose Supplements.

To complete the SuperSet Combo, players need to follow these steps in the exact order. After selecting the cards, click ‘Choose SuperSet’ to claim your rewards.

How to Activate the Rocky Rabbit Daily SuperSet Combo Mode

To enable the Daily SuperSet Combo mode, follow these steps:

Firstly, go to the “Earn” Button: Tap the “Earn” button on the game’s start screen.

Then, access Daily Tasks: Navigate to the “Tasks” page and click on “SuperSet.”

Next, start the SuperSet: Tap the “Do It Now!” button to begin.

Then, select Combo Cards: Choose the correct combo cards as highlighted above.

You can then check Your Cards: Click “Check Cards Now” after selecting the cards.

Finally, claim Your Reward: If you have chosen the correct combo, you will receive 2 million coins.

Completing the daily combo consistently can result in nearly 60 million monthly coins for active players.

The Rocky Rabbit Enigma Puzzle gives players another chance to earn big rewards. Solving the puzzle correctly can yield up to 2.5 TON coins and 2.5 million points. The first solver will receive the top prize, and additional solvers will earn substantial points. 

Rocky Rabbit Easter Eggs

Rocky Rabbit also includes Easter Eggs, which are hidden tasks that provide extra rewards. Specifically, for September 17, the Easter Eggs include:

Advanced Stretching: Go to the Fighter Tab, select Claim Tab.

Sponsorship Deals: Navigate to the Fighter Tab, choose Venture Tab.

Combination Training: Access the Coach Tab, select Upgrade Tab.

How to Access the Rocky Rabbit Battle Section

Moreover, the Battle Section in Rocky Rabbit launched on September 10 and allows players to compete against each other for rewards. Here’s how to access the battle section:

Open the Rocky Rabbit Bot: Use Telegram to launch the Rocky Rabbit Bot.

Upgrade Your Cards: Make sure your cards are upgraded to the Apex Tournament Card level.

Go to the “Games” Section: Navigate to the “Games” section within the bot.

Enter the Game Pass: Copy and paste the provided Game Pass to enter the battle.

Start the Battle: After entering the Game Pass, the battle will begin.

The post Rocky Rabbit ($RBTC) Enigma & SuperSet Daily Combo — September 17 appeared first on CoinChapter.

On September 17, 2024, Musk X Empire, the Elon Musk-themed game on Telegram, introduces new challenges. The tasks include a Daily Combo, a riddle, and a rebus, giving players a chance to earn in-game rewards and progress in the game.

Daily Combo: Select the Top Investments in Musk X Empire

Firstly, the Daily Combo for September 17 in Musk X Empire asks players to pick the top three investments from the following options:

Electric Vehicle Manufacturers

OnlyFans Models

Artificial Intelligence

X Empire Investment Gains – September 17. Source: X Empire Game

Choosing the correct investments brings significant in-game rewards. The Daily Combo focuses on real-world trends and offers players a chance to improve their rankings. Daily participation in this challenge boosts coin accumulation in the game.

X Empire Riddle: Solve the Puzzle for In-Game Coins

Subsequently, the September 17 riddle in Musk X Empire is:

“Code that runs automatically and fair, No middleman needed when I’m there. What am I?”

The correct answer is Contract, referring to a smart contract. Solving this riddle rewards players with in-game coins, adding to their progress. The riddle feature connects with current technological concepts.

X Empire Riddle of the Day. Source: X Empire Game Rebus of the Day: Solve the “Segmentation” Puzzle

Finally, the rebus challenge for September 17 features the word “Segmentation.” Players can solve this puzzle in the “Quests” section of the app to earn additional in-game rewards. Completing the rebus allows players to collect more coins and improve their status within the game.

X Empire Rebus Puzzle of the Day. Source: X Empire Game

X Empire presents daily challenges to help players earn in-game rewards and advance in the game. The September 17 Daily Combo, riddle, and rebus offer multiple opportunities for players to accumulate coins and progress in the Elon Musk-themed game.

The post Musk X Empire Telegram Game’s Daily Combo, Riddle and Rebus for Sept 17  appeared first on CoinChapter.

Elon Musk Can’t Pump Dogecoin (DOGE) Price Anymore, Claims Shiba Inu Exec

Shiba Inu’s social media lead, Lucie, made bold claims about Dogecoin and its biggest supporter, Elon Musk. In a recent post on X, Lucie argued that Elon Musk no longer holds the power to drive DOGE’s price upward.

She also criticized centralized exchanges (CEX) for their token listing processes, accusing them of focusing on profits rather than token ecosystems.

Elon Musk’s Influence on Dogecoin (DOGE) Weakens

Lucie took to her X account to address the issue, claiming that even Musk, Dogecoin’s biggest advocate, can no longer pump the cryptocurrency’s value.

Lucie from Shiba Inu Skeptical About Market Listings and Hypes. Source: X

Lucie highlighted how Elon Musk’s ability to influence Dogecoin’s (DOGE) price is fading. While his past posts often triggered big rallies, his recent mentions of DOGE seem to have little impact.

For example, on Sept. 7, Musk shared a cryptic post featuring an AI-generated image with the acronym “D.O.G.E.” and the caption “Department Of Government Efficiency.”

However, the post had little to no impact on DOGE’s price or trading volume.

Lucie believes the market is waiting for a new wave of investors, which could spark a bull run. The Shiba Inu executive argued that even Musk’s playful posts would not be enough to revive DOGE’s price without fresh adopters.

Moreover, she urged the Shiba Inu community to stay focused on supporting Shibarium, while the development team continues to build.

CEX Practices Under Scrutiny

Lucie didn’t hold back in her criticism of centralized exchanges. She alleged that these platforms prioritize listing tokens that generate hype and quick profits, regardless of their ecosystem strength. According to Lucie, teams often need to pay to get their tokens listed on these exchanges.

Even when tokens do get listed, Lucie said, there’s rarely a real price jump. “Probably nothing positive will happen to your token,” she remarked, suggesting market manipulation.

Shiba Inu whale activity spiked by 287%. Source: IntoTheBlock

Her concerns echo recent data. According to IntoTheBlock, Shiba Inu (SHIB) saw a 287% spike in large transactions, with over 1.1 trillion SHIB tokens—worth about $14.55 million—moved within 24 hours. Each whale transaction averaged $296,000.

Analyst Predicts Shiba Inu Price Surge to $0.000081 After Breakout

Shiba Inu (SHIB) demonstrates stability after breaking from a falling wedge pattern. Market analyst Javon Marks predicts SHIB could soar to $0.000081, marking a 432% increase.

SHIB price chart. Source: CoinMarketCap

Shiba Inu’s current price is $0.0000133, up 0.49% from yesterday. Despite the slight increase, Marks maintains a bullish outlook, suggesting the breakout signifies the start of an upward trend. He emphasizes that the target of $0.000081 is still valid, despite some recent retracement.

Marks notes that the falling wedge pattern indicates diminishing bearish momentum, setting the stage for potential gains.

In conclusion, Lucie’s remarks about Musk’s fading influence on Dogecoin and her criticism of centralized exchanges point to concerns about market manipulation. While hype no longer drives Dogecoin’s price, Shiba Inu’s breakout from a falling wedge pattern offers hope for a potential rally.

Analyst Javon Marks sees strong upside potential for SHIB, but the market will ultimately decide its direction.

The post Elon Musk Can’t Pump Dogecoin (DOGE) Price Anymore, Claims Shiba Inu Exec appeared first on CoinChapter.

NAIROBI (CoinChapter.com)—In Cardano news today, Charles Hoskinson, CEO of Input Output Global (IOG), announced that his team is actively working on the Leios upgrade, which aims to make Cardano (ADA) faster than Solana while preserving its decentralized structure. This development comes as Cardano’s ecosystem continues to expand, now with over 1.33 million delegated wallets. Additionally, ADA outperformed Bitcoin (BTC) in Aug., signaling renewed market momentum.

Cardano News Today: Growing Ecosystem Shows Strength

According to the IOHK Weekly development report, 1,373 projects are actively building on the Cardano network. In addition, Cardano now supports 10.36 million native tokens, managed by 165,546 token policies. The blockchain also has 1.33 million delegated wallets. With transaction volume increasing to 96.38 million, Cardano’s network activity remains steady.

Cardano Weekly Development Report Highlights: September 13, 2024. Source: IOHK

The Mithril network has decentralized its signature orchestration, improving transaction processing. Additionally, 84,783 Plutus scripts have been deployed, signaling the growing use of smart contracts and decentralized applications (dApps) across the platform.

Cardano Outperforms Bitcoin Despite Market Volatility

In August, Cardano (ADA) outperformed Bitcoin (BTC) with a nearly 2% increase compared to Bitcoin’s 1% decrease. Meanwhile, The CoinGecko comparison chart clearly illustrates ADA’s stronger performance relative to many top cryptocurrencies, including Bitcoin.

ADA Outperforms Bitcoin in One-Month Price Performance. Source: CoinGecko

On-chain data reveals a notable increase in ADA’s long-term holders, with a 0.68% rise over the last 30 days, showcasing their strong belief in the asset’s potential. Simultaneously, the short-term trading segment has seen a 3.8% growth, indicating renewed interest and active trading in ADA.

Cardano (ADA) Open Interest chart. Source: Coinglass

The stability in Cardano’s futures market further underscores this confidence. Open interest has held steady at $190.98 million at the $0.35 price level, as reported by Coinglass since June 2023.

Cardano bullish market sentiment. Source: Markert Prophit

Data from Market Prophit shows bullish sentiment for Cardano (ADA). Moreover, the general public is cautiously optimistic, registering a sentiment score of 0.13, while seasoned investors show stronger confidence with a score of 0.74.

Is Cardano Headed for a Major Rebound or a 33% Crash? Analysts Divided

Pseudo analyst, InvestingHaven has a bullish view on Cardano (ADA), predicting it could trade between $0.266 and $1.104 by 2025, with a potential high of $1.95 if it can break above the crucial $0.443 Fibonacci level.

Cardano (ADA) 1- week chart. Source: InvestingHaven

Meanwhile, a debate is unfolding within the Cardano community regarding ADA’s market share, which has held steady at 0.6% since July. Rick McCracken, a staking pool operator, sees this as a possible bottom for ADA, but others argue that a retest of the 0.77% market share is needed to confirm a recovery.

Analyst predict ADA potential 33% drop. Source: TradingView

At the same time, FinancialFreedomGoals101 takes a more bearish stance. He points out that ADA has struggled to break above the key Exponential Moving Average (EMA) 200 line, signaling a bearish trend. In addition, the analyst predicts a potential 33% drop, with price targets at $0.2506 and $0.2197 if ADA continues to underperform.

With the community divided and technical signals mixed, the next move for ADA remains uncertain. Above all, whether ADA can stage a recovery or will see further declines is the question investors are now watching closely.

The post Cardano News Today: Hoskinson Reveals Leios Upgrade as ADA Outperforms Bitcoin appeared first on CoinChapter.

YEREVAN (CoinChapter.com) — TapSwap leverages daily codes as a key feature in its interactive cryptocurrency earning games on Telegram. By entering these codes, players unlock specific tasks or themes. Consequently, upon successful completion, they receive TapSwap coins, enhancing their digital wallets. Here’s an exploration of what each code entails and how it can substantially benefit your digital wallet.

TapSwap Token Triumph. Source: TapSwaponX List of Daily Codes for Enhanced Earnings

They Changed Our Lives: tangle

How to retire early: taproot

10 Business ideas for Digital Nomads: shilling

Earn $250 per hour on Freelance: shitcoin

$16,000 Per Month With: short

Earn $5,500 per month on Text: sidechain

Earn $8,000 per month with online courses: signal

Top 10 side Hustles do busy professionals: slashing

Make $1,000 per A Day by Flipping Domains: slippage

Buy REAL ESTATE with ONLY $100: snapshot

Start Your First Business: gems

Investing in Real Estate With No Money: spac

Start a successful online business: roi

Millionaires on a low salary: skynet

How to Use These Codes

To make use of the daily codes, players need to access the TapSwap game through the Telegram app, navigate to the appropriate section to enter the code, and then engage in the game or task associated with that code. Upon successful completion, the rewards are automatically added to your account, enhancing your gaming experience and boosting your potential earnings.

TapSwap Coin Airdrop and Listing Details

TapSwap, launched in mid-February 2024 on the TON blockchain, originally used the Solana wallet before switching to TON for better scalability. This Telegram-based game rewards players with TapSwap Coins – $TAPS tokens for their interactions, encouraging regular play and community growth.

Notably, an airdrop of TapSwap ($TAPS) tokens is scheduled for Q3 2024 to reward active users based on engagement metrics like Points Per Hour and overall activity. The TapSwap team is also discussing potential listings with top-tier cryptocurrency exchanges, including Binance, though no agreements have been finalized. Additionally, TapSwap’s “Play-Generate Value-Earn” model has successfully completed its initial test phase with 10,000 participants, promising real-world benefits for in-game activities and setting the groundwork for the upcoming Token Generation Event (TGE).

The post TapSwap Daily Codes for September 17, 2024: Details appeared first on CoinChapter.

BabyDoge Coin (BABYDOGE) Price Nets Traders 111% Profits In 2 Days

NOIDA (CoinChapter.com)—BabyDoge Coin (BABYDOGE) has seen increased attention after securing a listing on Binance.

Simultaneously, a whale investor known as #MrLUbd accumulated 1.72 trillion BABYDOGE over three years, resulting in a 228% return on a $1.37 million investment. With the Binance listing and notable whale activity, the token has entered a new phase of market interest.

Whale Accumulation and Binance Listing Propel Prices

The recent Baby Doge Coin activity surge was likely due to whale accumulation and the memecoin’s listing on Binance. A whale investor known as #MrLUbd has accumulated 1.72 trillion BABYDOGE tokens over the past three years.

BABYDOGE whale’s holdings’ value spikes.

The investor accumulated his bag at an average entry price of $0.0000000008 per token, leading to a total investment of $1.37 million. As the token’s price surged, #MrLUbd’s holdings swelled to $3.14 million, reflecting a 228% return on investment.

This whale activity might hint at a growing interest in Baby Doge Coin from major players, but the token also gained momentum due to a recent Binance listing. On Sept. 16, 2024, Binance enabled spot trading for Baby Doge under BABYDOGE/USDT.

The exchange allowed deposits to open an hour before trading, with withdrawals set to begin on Sept. 17. However, Binance has been cautious, emphasizing the token’s high risk and volatility. It classified BabyDoge Coin with a “seed tag,” highlighting the token’s volatility.

The whale’s accumulation and the Binance listing likely helped push BabyDoge Coin price higher.

BABYDOGE Price Rockets

The BABYDOGE USD pair price rocketed over 111% since Sept. 15 to reach a daily high near $00000000215 on Sept. 17 with the biggest spike of nearly 103% happening on Sept. 16.

BABYDOGE USD daily price chart. Source: Tradingview

BABYDOGE coin’s listing on Binance flooded the market with buyers, usually the norm following an exchange listing. The memecoin’s price continued its uptrend on Sept. 17 with a nearly 16% price spike.

If BABYDOGE coin price continues to rally, the token could break above the resistance near $0.00000000221. Moreover, breaking and consolidating above the immediate resistance might help BABYDOGE Coin price target the resistance near $0.00000000285 before paring gains.

On the other hand, a sudden spike like the one BABYDOGE is currently enjoying often attracts the profit-booking crowd. Hence, the BABYDOGE USD risks dropping to the support level near $0.00000000154.

Failure of the immediate support level would bring the 100-day EMA (blue wave) support near $0.00000000123 into play, erasing most of the token’s recent gains.

The post BabyDoge Coin (BABYDOGE) Price Nets Traders 111% Profits In 2 Days appeared first on CoinChapter.

YEREVAN (CoinChapter.com) — Singapore, September 18-19, 2024 – CoinChapter, a leading cryptocurrency news platform, will attend TOKEN2049, the world’s largest crypto event, hosted at Marina Bay Sands. Yashu Gola, Editor in Chief at CoinChapter, will offer exclusive interviews, lead discussions, and provide live coverage throughout the two-day event.

As TOKEN2049 brings together 20,000 attendees from 7,000+ companies and 150 countries, it offers a unique opportunity to meet CoinChapter EIC, Yashu Gola. During the event, he will share valuable insights into the latest crypto trends, blockchain projects, and market developments. Additionally, attendees will have the chance to connect directly with Gola and discuss trends in the crypto market more deeply. Moreover, the event will be a significant forum to explore new opportunities and innovations in the Web3 space.

TOKEN2049 Singapore: Leading Crypto Voices Unite. Source: TOKEN2049 Web CoinChapter at TOKEN2049

Yashu Gola, respected Editor in Chief of CoinChapter, brings years of experience in crypto journalism and analysis to his role. As such, TOKEN2049 presents an ideal platform for industry professionals to meet with him to discuss critical topics, gain valuable insights and showcase innovations, while benefiting from his crypto expertise and experience in the space. Moreover, Yashu is looking forward to weighing in on the crypto news of the day. He will draw on his reputation for delivering reliable news and thought-provoking commentary.

Exclusive Interviews: Primarily, Yashu Gola will conduct one-on-one interviews with analysts, investors, and innovators. This offers a unique platform for sharing industry insights, product updates, and strategic announcements with a global audience.

Instant Media Coverage: In addition, companies are encouraged to share their updates directly with CoinChapter. Live coverage from TOKEN2049 will include real-time reporting through Twitter, LinkedIn, and Facebook posts, amplifying their message across CoinChapter’s extensive network.

Pre-Scheduled Meetings: Secure your meeting with Yashu Gola by emailing editor@coinchapter.com. Arrange a session in advance to ensure your company’s developments are highlighted to the broader crypto community.

Why CoinChapter?

Since its inception, CoinChapter has become a trusted resource in the cryptocurrency world. Fundamentally, the publication is known for delivering unbiased, comprehensive news and insightful analysis. Founded by a passionate group of crypto enthusiasts, CoinChapter consistently provides the crypto community with accurate listings of exchanges and retail options. As a result, users can buy the crypto assets they want, the way they want, using the technical analysis and background they need to make an informed decision.

Impressive Reach: With over 329,000 page views and 133,000 users in just the first week of September 2024, CoinChapter has demonstrated significant growth and engagement within the crypto community.

Global Readership: CoinChapter serves a worldwide audience, offering in-depth reporting on crypto exchanges, market trends, and emerging Web3 innovations, helping both institutional investors and retail enthusiasts navigate the complex crypto landscape.

Thought Leadership: Under the editorial guidance of Yashu Gola, CoinChapter continues to shape conversations around blockchain technology and digital assets, positioning itself as a leader in the industry.

Above all, whether you are launching a new product, seeking to connect with industry insiders, or aiming to amplify your company’s message, we encourage those in the crypto market to take advantage of the opportunity to engage with CoinChapter at TOKEN2049.

Get live insights, breaking news, and interviews from TOKEN2049

X: @CoinChapter

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Follow CoinChapter for the latest developments in cryptocurrency.

Media Contact

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The post Meet CoinChapter Crypto News Editor in Chief Yashu Gola at Token2049 in Singapore appeared first on CoinChapter.

Photo by Kanchanara on Unsplash

The decentralized finance (DeFi) sector has seen Pendle making waves recently with its latest products, which are a new suite of liquidity pools that offer up to 45% yields on Bitcoin. This development has represented a significant milestone for both Bitcoin enthusiasts and the DeFi ecosystem. 

The result has merged traditional cryptocurrency assets with these new finance solutions. To understand the significance of this move, we take a closer look at what Pendle’s new pools are offering and see why investors are taking such a keen interest in them below.

Why Bitcoin?

Bitcoin has been viewed as a store of value instead of as a yield-generating tool, which has contributed a lot to its adoption in various businesses. The bulk of these includes online stores, real estate agencies, and iGaming platforms. 

According to crypto expert Kane Pepi, what has furthered widespread adoption in iGaming, is that Bitcoin’s payments enable the leading Bitcoin slots sites to offer provably fair games, fast transactions, and anonymous gambling. Perks like these have provided crypto casinos with the means for more efficient transacting in the industry and made it a beacon for industry across other sectors too.  

Pendle’s decision to take an interest in Bitcoin for its new pools now reflects a shift towards focusing on maximizing returns as well. By integrating Bitcoin into their DeFi ecosystem, Pendle now caters to a huge section of the crypto market looking for ways to enhance their Bitcoin investments beyond traditional holding strategies.

What Are Pendle’s New Pools?

Pendle is known for its innovative approach to DeFi, as it focuses on tokenizing future yields from cryptocurrency assets. Their new pools have played on this concept too, as they now offer enhanced yield opportunities specifically for Bitcoin holders. 

Before this move, Bitcoin holders had few options for earning additional returns or interest on their assets like most traditional financial instruments that were used with the coin were relatively conservative or offered low yields. Pendle’s platform has upended this status quo, as it now allows users to earn big yields through an automated and decentralized mechanism.

High Yields with Minimal Risk

One of the benefits that have stood out about Pendle’s new pools is their potential to let investors earn up to 45% yields with Bitcoin. This figure is a big increase when compared to conventional yield-generating options, such as traditional investment funds and savings accounts.

This potential for high yields has been made possible through a blend of advanced DeFi strategies. These strategies include yield farming, staking mechanisms, and liquidity provisions. Pendle’s innovative protocol allows investors to do this by depositing their Bitcoin into liquidity pools that use it to provide liquidity to lending platforms and decentralized exchanges. Investors then get a share of the rewards and fees that are generated by these activities.

How Does It Work?

Pendle’s platform separates the ownership aspect of an asset from its yield-generating ability, which allows users to trade or utilize these components without each affecting the other. To do this, the new Bitcoin pools require users to deposit their Bitcoin into the platform’s smart contracts.

After doing this, they then get two different tokens, with one representing the underlying Bitcoin, called the Principal Token, and another representing the future yield, which is called a Yield Token. This token separation is what allows holders to get a chance at earning higher returns by optimizing how they use their Yield Tokens while still having their Principal Tokens.

Security and Transparency

In the DeFi space, transparency and security are important, which is why Pendle has taken steps to address these concerns in their new pools. The first of these is that it has a platform that operates on the Ethereum blockchain to leverage its robust security features and smart contract capabilities. 

Pendle’s smart contracts are also audited by reputable third parties, which ensures that the protocols governing the liquidity pools are reliable and secure. Moreover, Pendle uses a transparent mechanism to track yields and distribute rewards.

Potential Risks and Considerations

Even though the high yields Pendle offers are enticing, investors still need to consider potential risks. These risks include the fact that the DeFi space is inherently volatile and is subject to fluctuations in market conditions and yield returns.

Additionally, as with any DeFi investment, smart contract vulnerabilities and platform reliability are another risk to consider. This is why investors do thorough research and consider their risk tolerance before engaging with Pendle’s new pools or any other investment vehicle.

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of CoinChapter. CoinChapter will not be responsible in any way for the content of the same. Do your research and invest at your own risk.

The post Pendle’s New Pools Offer Up to 45% in Bitcoin Yields appeared first on CoinChapter.

In today’s global economy, the need for fast and reliable international payments is more important than ever. Whether you’re sending money to family abroad, paying for goods and services, or handling business transactions, card-to-card money transfers have emerged as one of the most convenient and efficient solutions for cross-border payments. Unlike traditional bank transfers, which can be slow and expensive, card-to-card transfers offer a modern, streamlined alternative. Below are the top five benefits of using card-to-card transfers for international payments.

1. Speed: Instant Access to Funds

One of the standout features of card-to-card transfers is their speed. Traditional international bank transfers can take several business days to process, especially if you’re sending money across multiple currencies and banking systems. With card-to-card transfers, the money often reaches the recipient’s card within minutes. This is especially helpful in emergencies or when time-sensitive payments are required.

For instance, if you’re transferring money to help a family member or pay for an urgent service, the ability to send and receive funds almost instantly can make a huge difference.

2. Cost-Effective with Lower Fees

Another major advantage of card-to-card transfers is the lower cost. Traditional bank wire transfers can come with significant fees, especially for international transactions, where both the sending and receiving banks may charge service fees. In contrast, many card-to-card transfer services offer lower fees or even fee-free transfers in some cases.

Some services also provide more competitive exchange rates compared to banks, meaning that when transferring money internationally, you can save on hidden costs that are often buried in poor exchange rates.

3. Ease of Use and Accessibility

The process of sending money via card-to-card transfers is incredibly simple. All you need is the recipient’s card number and a few other basic details. This eliminates the need for complex banking information like IBANs and SWIFT codes that are required for traditional bank transfers.

Additionally, many services offer easy-to-use mobile apps that make transferring money as simple as sending a text. This makes card-to-card transfers accessible to everyone, even those without traditional bank accounts or those in remote locations.

4. Secure Transactions with Cutting-Edge Technology

Security is a critical concern for anyone making international payments, and card-to-card transfer services excel in this area. These services typically use encryption and advanced fraud detection technologies to ensure that your funds are safe throughout the transfer process.

Unlike some older methods of transferring money, which can leave funds vulnerable to interception or fraud, card-to-card services employ multiple layers of protection. From two-factor authentication to real-time transaction monitoring, these systems are designed to keep your money and personal information secure.

5. Perfect for International Remittances

Card-to-card transfers are particularly well-suited for international remittances. Millions of people send money to family members or friends in other countries every year, and card-to-card transfers offer a fast, affordable, and efficient way to do so.

For example, transferring money from UK to India is a common need for many families and businesses. With card-to-card transfers, this can be done in a matter of minutes without the hassle of waiting in line at a money transfer office or dealing with complicated banking procedures. The recipient in India can receive the funds directly on their card, ready for use or withdrawal almost instantly.

Additional Facts: Why Card-to-Card Transfers Are the Future of International Payments

Growing Popularity: Card-to-card transfers are becoming a preferred method for international payments due to their simplicity and reliability. According to the World Bank, the global remittance market is worth over $700 billion annually, and card-to-card services are increasingly capturing a larger share of this market thanks to their user-friendly features.

Mobile Integration: Many card-to-card services now offer fully mobile-integrated platforms, allowing users to send and receive money directly from their smartphones. This makes it easy for users in developing countries or remote areas to access funds without needing to visit a bank or physical remittance center.

24/7 Availability: Unlike traditional bank transfers, which often operate on business hours, card-to-card transfers are available 24/7. This means you can send money at any time, even outside of standard banking hours or on holidays, making it a more flexible option for international payments.

Conclusion

Card-to-card money transfers offer a fast, cost-effective, and secure way to make international payments. With benefits like speed, lower fees, ease of use, and top-notch security, it’s no wonder that more and more people are choosing this method for cross-border transactions. Whether you’re transferring money from UK to India or sending funds to a different part of the world, card-to-card transfers are the future of international payments, providing an efficient and reliable way to move money globally.

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of CoinChapter. CoinChapter will not be responsible in any way for the content of the same. Do your research and invest at your own risk.

The post Top 5 Benefits of Using Card-to-Card Money Transfers for International Payments appeared first on CoinChapter.

The trend of crypto presales that enable buying new tokens before launch has gained lots of traction for its efficiency in cracking the market. Rexas Finance (RXS), a powerful digital asset management platform, attracted many eyes with an impressive presale. Now as Rexas Finance’s presale transitions to Stage 2, the price of RXS token seems to have increased more than a dollar and hence extended in price to $0.04, which is quite an attractive proposition for the early patent holders. This paper will explore how exactly the dynamics of this presale work, and how one can benefit from the presale and then will guide through the process of purchasing RXS tokens during this important phase of the project.

The Appeal of Rexas Finance (RXS) Presale

There is an advantage in joining in the crypto’s presale and Rexas Finance is a project that has made sure people keep an eye on it. The Rexas Finance presale stage one had its token selling at $0.02. Currently, as Stage 2 has come, the price has risen to $0.04, indicating the positive response the project has been receiving over time. This price increase is not only indicative of the momentum seen but also indicates that the value of the token is going to keep increasing as more stages are rolled out. With the price range currently on the upswing, the best-learned people in the market are giving the investors the alert to act very fast before the chance arises.

Why Invest in Rexas Finance Early?

There is always the urge to buy into a crypto project when it is in the presale for several reasons. First and foremost, presales give away tokens at a much lower price compared to the price a token will fetch once it is available in any exchange. This early entry point makes it very easy to envisage the returns one will make as the value of the token appreciates after it’s launched.

How to Buy RXS Tokens Early: A Step-by-Step Guide

For those who are not familiar with how the protocol works, the following is a simple process to make sure that interest in the project gets you at reasonable prices before more scouts heighten.

Make Sure Your Wallet Is Ready

To buy the RXS tokens, you will need a cryptocurrency wallet based on ERC-20 tokens such as MetaMask, and Trust Wallet among others. Make sure your wallet is properly configured and secured with a strong and unique password as well as a backup phrase.

Acquire ETH or USDT

To buy RXS tokens, there is a need for ETH (Ethereum) or USDT (Tether) that can be exchanged with the RXS tokens. Even with the aid of this guide, ETH/USDT can be purchased from any popular crypto platform.

Connect Your Wallet to the Rexas Finance WebsiteThere is a presale menu on the homepage of the official Rexas Finance website that you may visit. You will click the ‘Connect Wallet’ button, and the wallet will be linked to the platform.

Choose Your Payment Option

Upon connecting the wallet, a page would pop up and ask you to select a payment method whether in ETH or USDT. Ensure that you have the requisite amount in the chosen cryptocurrency and additional gas charges that may arise out of the purchase.

Enter the Purchase Amount

Here you have to mention the number of RXS tokens you are ordering keeping the current price of $0.04 per token during stage 2 in sight. If you want to acquire 5,000 RXS, you will have to transfer ETH or USDT worth $200.

Verify and Confirm the Transaction

After entering the purchase amount, you will often be shown all things considered, make sure everything remains accurate: the amount of tokens to purchase, the amount of the purchase in dollars, and so on.

The purchase is complete

Once confirmed, your RXS tokens will reach your wallet. You can see them by adding the RXS Token Contract Address in your wallet interface.

Conclusion

The increase in price during Rexas Finance’s Stage 2 presale is evidence that this project has very strong market support and the possibility of development. By investing at the earliest stages and buying RXS tokens now, the investors have no worries about the later stage when the prices will skyrocket and exit when it is already too late.

For more information about Rexas Finance (RXS) visit the links below:Website: https://rexas.comWhitepaper: https://rexas.com/rexas-whitepaper.pdfTwitter/X: https://x.com/rexasfinanceTelegram: https://t.me/rexasfinance

The post Rexas Finance Price Jumps to $0.04 in Presale Stage 2—Here’s How to Buy RXS Early appeared first on CoinChapter.