The crypto market continues its extended down period, despite consistent advancement in tech, partnerships and global adoption. While followers of the market speculate on the reasons for this, signs point to barriers between seasoned traders and new entrants to the market as a significant blocker to wide-scale progress.
As existing platforms cater to those already present in the market, Streamex.io is here to do something different. It addresses the issues stopping crypto trading from entering the mainstream, with a range of features to deliver greater levels of both user acquisition and retention. Streamex’s fresh new “social trading” platform gives crypto trading what it needs to break out of the bear market, and reach new heights.
Crypto Needs to Embrace Traders of All Levels
Before and during its rise, crypto has seen many traders come from nothing to make huge gains. Yet today’s trading platforms offer a high barrier of entry to new traders trying to make their way. So much so that it stunts the industry’s growth, only prolonging the bear market.
It’s easy to get overwhelmed as a new trader. Trading data is hard to decode, and much of the knowledge is siloed and hoarded by experienced traders. It’s not ideal for these high-level traders either. It’s in their interest to keep their trading activity to themselves, as there is no clear incentive to share their knowledge with the community. Professional traders and crypto influencers that are able to amass large numbers of social followers have few ways to profit off this.
For crypto to take a step forward, it needs to bring the community together. This is where Streamex.io comes in.
Streamex Bridges the Gap Between Novice and Pro, With a Next-Level Social Trading Platform
Social trading is the initiative that Streamex.io offers the crypto market. Connecting traders in a community setting, this model incentivizes growth in a way no trading platforms have done before.
Streamex allows its users to create profiles, showcasing their trading performance. They can build a following from other Streamex users, send and receive tips and create an additional income stream off of their market knowledge. Newer traders have the ability to follow successful traders, learning from their activity until they can make the same returns.
The other key feature of the platform is community trading pools – benefiting those who want to get into crypto but lack the knowledge or time to devote to trading, as well as those who have the skills but want to put it to use on a larger scale. Any verified trader can create a trading pool, and any user can contribute to that pool. Users get returns proportionate to their contributions, and pool creators get back between 5-30% of the total pool profit.
All this is supported by Streamex’s high-frequency matching engine, capable of processing orders at 5,500,000-6,600,000 orders per second – the fastest in the market today. Streamex is a trading platform first and foremost. A fully customizable trading dashboard makes traders feel at home on Streamex.
Social trading features are optional, and with a sleek UI, native iOS and Android apps, USD/EUR fiat gateways and the latest security features, it is more than enough to satisfy the needs of today’s trader.
Other features offered by Streamex include:
- Trade alerts
- Gamification and a global leaderboard of “master traders”
- Advanced chart layouts
- Reliable 24-hour online support
The exchange’s native STE token covers trading fees, offering discounted trading fees, up to 100% discounted on trades in the STE market. STE tokens are also used to allow access to various P2P interactions, such as trading alerts, portfolio insights and community trading.
Streamex Launches Soon
The Streamex platform, as well as the STE token, are set to launch in Q2 of 2019. Private sale and pre-sale begins in Q1. At the time of writing, UX/UI development and initial testing are complete.
Crypto advancement is outpacing the tools available for traders. The Streamex team, lead by Founder and CEO Vedran Sisak, brings us a trading experience that promises to disrupt the industry as it stands today.
XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange
Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //
Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.
Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.
The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.
NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more. One of the ways to have a successful trading…
Campden Wealth Partners with GDA Group to Enter Digital Asset Markets
Blockchain conglomerate GDA Group joins as Campden Wealth’s newest Corporate Partner for 2021. Based in Toronto, GDA group provides access to all verticals of the crypto capital markets to institutions and private investors. The two institutions once operated on different verticals, so the partnership indicates a new era of portfolio allocation and asset diversification. Digital assets, including bitcoin, are becoming a vital component of modern investment strategies. GDA Group provides multiple avenues for digital asset exposure, including trading services through their institutional trading desk Secure Digital Markets, including non-recourse lending up to $100M through GDA Lending, and private placements through their capital markets arm GDA Capital.
“Institutions have spent a decade on the sidelines, evaluating the risks of this burgeoning sector. Now, in less than 6 months we have seen billions in institutional and private capital enter the space,” says James Godfrey, FX and International Banking Advisor to GDA Group. “Our relationship with Campden will illustrate the maturation of this industry and where we are headed next. New stakeholders will need experience, resources and insights to navigate this new market and evaluate upcoming opportunities.”
“The Campden Community is constantly balancing the needs of wealth creation for the future, with wealth preservation…
Should Crypto Projects Devote Resources to Community Growth and Marketing?
2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for. While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory. When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion. But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.
I mention both of the above projects as they have each taken slightly different paths to achieve greatness. Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion. Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special. Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.
Cryptocurrency vs. Blockchain Technology
It’s important to make a distinction between blockchain technology and cryptocurrency. Although they are often used interchangeably, they are different. Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…