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XRP turns green as it secures listing on new crypto exchange Shardax

Published

5 years ago

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XRP

An exciting new crypto exchange Shardax, which is built to be user-friendly, fast and secure one, announced to list Ripple’s XRP just recently. And all the major cryptocurrencies, including Bitcoin, are still trading in red, XRP is up by 2.34% at the press time.

Since the emergence of cryptocurrency and blockchain technology, crypto trading has been one of the most profitable investment options for many individuals who have an eye for emerging technology. However, considering the crypto market’s high volatility, unregulated and decentralized nature, the risks of fraud and complex technology make it problematic for new merchants and investors to venture into the industry.

Luckily, Shardax as a cryptocurrency exchange provides an alternative for investors and merchants who do not have the technical know-how or business acumen to run their due diligence on virtual currency ventures. And now the very same exciting new exchange has announced the listing of XRP.

What is Shardax Exchange? Why XRP listing on it is worth noting?

Shardax crypto exchange was launched in the third quarter of 2018, created to combine the dominance of top-tier cryptocurrency exchanges, with the capability to profit from users deposited proof-of-stake coin remunerations. Shardax is easy to use crypto platform that promises both investors and the exchangers optimal security guarantees, smooth trading, and trade opportunities.

The most recent cryptocurrency exchange embracing Ripple’s XRP, Shardax Exchange also has a very attractive Referral Program that can earn investors money while they accumulate and trade digital assets by simply referring their friends into joining the platform. According to some analysts, Shardax is superior when compared to CoinPayment Airdrop.

Besides its superior instant trade attribute, Shardax’s user-friendly interface is modified specifically to make it easier for all users to exchange and trade between virtual currencies. Users stand a chance to trade their digital assets at the best prices thanks to the Shardax platform that offers an advance view on the market. Both functionalities, advanced view and instant trade, are friendly to handheld devices such as mobile phones and tablets meaning users will be able to conduct their trading activities everywhere.

Shardax is Accessible and Offers Low Tariffs

One of the major advantages this new exchange platform offers to its users is its transparency where individuals are always shown the tariffs they are supposed to pay when making a withdrawal or trade. All their fees and tariffs are transparent with no hidden charges imposed on users.

At the time of writing, Shardax charges a 0.1 percent trade tariff with the option to enjoy a 50 percent discount when trading with Shard, the native cryptocurrency affiliated with the exchange.

Shardax Holding or Storing your Digital Tokens

While Shardax holds the user’s staking digital tokens, they are liable to receive proof-of-stake rewards from the exchange. Users can buy and sell cryptocurrencies all in the same place without experiencing any delays; users can even be recipients of staking rewards while their digital tokens wait in the order book.

Reliability and Security

You want your XRP tokens to be safe no matter what exchange you use, right? To make sure user accounts and digital tokens are secure, Shardax exchange has formulated multiple protection layers that act as security walls that maintain a high-level security. A big percentage of funds are stored in cold storages with all wallets having delegated servers.

Shardax Exchange Offers on Offer

As an incentive to the crypto world, Shardax announced to the market that it would be offering its first 50,000 registered users an incentive of paying 0 percent trading charges until 2019. The registration is still ongoing but slotted to be closed soon.

Shardax Cryptocurrency Exchange Lists Ripple’s XRP

Shardax cryptocurrency exchange is focused on stamping its authority in the crypto space and has ventured into listing relevant cryptos that exist in the market, Ripple (XRP) being the latest token.

As noted at the beginning of the article, taking to their Twitter handle, Shardax announced that they were glad to have come to an understanding with XRP and are going to be listing the number 2 ranked cryptocurrency in the market. In addition to the news, Shardax announced that they are offering a 0% trade fees incentive for the first three months for users who register now.

For real-time trade alerts and a daily breakdown of the crypto markets, sign up for Elite membership!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Mohamed_Hassan/PixaBay

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Crypto

BNB Price Surges Past $300, Faces Crucial $339 Hurdle: What’s Next?

Published

4 months ago

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December 29, 2023

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BNB price has noted significant gains over the past few days, surging past the psychological resistance of $300. The native cryptocurrency of the Binance Exchange has surpassed Solana to regain its position as the fourth-largest cryptocurrency by market cap. The digital currency has been rallying lately with a 7-day profit of more than 15%. Additionally, BNB has clocked a phenomenal gain of 38% in the month to date.

Binance Coin Outlook

BNB price has been on a strong bull run for the past week, breaking out of its consolidation. Even so, the asset has experienced a correction in its uptrend over the past 24 hours but remains above the crucial level of $300. BNB’s total market cap has decreased by 4% over the past day to $48 billion, while the total volume of the asset traded over the same period dipped by about 15%.

Over the past year, Binance Coin has had to cope with Fear, Uncertainty, and Doubt (FUD)  on the back of the regulatory troubles of its underlying exchange. Earlier, the BNB price touched a low of $223.50, a few days after its former CEO, Changpeng Zhao, pleaded guilty to money laundering charges. However, the cryptocurrency has managed to rebound 46% in value since then.

The recent price rally has been associated with various positive developments in the Binance ecosystem, including the Introduction of the Isolated Margin Auto-Transfer Mode. This feature enables…

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Altcoins

Solana Price Surges Beyond $100, Dethroning Ripple and BNB To Secure Fourth Place

Published

4 months ago

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December 27, 2023

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Solana price performance in recent times has been remarkable, surpassing Ripple and Binance Coin to become the fourth-largest cryptocurrency by market cap. The SOL price breached the critical level of $100 for the first time since April 2022 over the weekend to imbue optimism among investors. However, the altcoin has corrected by 7%, suggesting that the market is overheated. At the time of writing, the ‘Ethereum killer’ was trading slightly lower at $111.60.

SOL Outlook

Solana price has made a significant recovery over the past few weeks, climbing above the psychological level of $100. The altcoin has been one of the best-performing assets this year, extending its year-to-date gains to more than 1,025%, with more gains recorded in the past month alone. However, even with such growth, analysts have noted that Solana has a bleak chance of topping its ATH of $260.

The reason behind this is the increase in supply relative to its value. In November 2021, when the Solana price hit its all-time high of $260, its total market capitalization was around $78 billion. Despite the value of the crypto asset being less than half of what it was at the top, its market cap is currently hovering near $50 billion.

This has been brought about by the increase in the Solana supply by more than 100 million SOL over the past two years. According to some analysts, for the altcoin to retest $260, its…

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Altcoins

Solana Price Skyrockets to 20-Month Peak Amidst Memecoin Frenzy

Published

4 months ago

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December 22, 2023

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Solana price has noted significant gains over the past few weeks, climbing to its highest level since April 2022. The ‘Ethereum Killer’ almost topped the crucial level of $100 on Friday, before pulling back slightly. The asset’s recent surge has catapulted Solana’s total market cap to $39.6 billion, ranking 5th after and above BNB and XRP, respectively. Solana has jumped by more than 22% in the past week and more than 80% in the month to date. At the time of writing, SOL price was trading 0.90% lower at $93.10.

Catalysts Behind SOL’s Rally

Solana price has been on a strong bull run over the past few days, rocketing to its highest level in 20 months as the network benefits from the substantial activity and strong interest in memecoins. The SOL token, the native digital asset of the high-performance blockchain platform Solana, has shown some serious strength over the past few weeks, outperforming all the altcoins in the market.

The recent surge in the Solana price has been linked to heightened on-chain activities on the Solana blockchain. Notably, the ongoing hype for the blockchain’s speedy transactions, cheap fees, and a lottery of meme coin issuances has buoyed SOL’s on-chain activity. Metrics have revealed that Solana has been the strongest draw among on-chain traders, with trading volumes and network fees outperforming Ethereum- the largest altcoin by market cap.

Cited figures provided by DeFi aggregator DeFiLlama…

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