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Largest Spanish Crypto Exchange, Bit2Me goes Global with Airdrop: 1 Million Participants in 72 Hours

Posted on by Think Bitcoins

Bit2me-5

Press Release: Spain’s largest crypto company, Bit2Me, is celebrating its new launchpad with a massive B2M Airdrop which is live on Coinmarketcap until March 2, 2022 

 

17th February 2022, Madrid — The Bit2Me Airdrop is well underway, and will see 8,000,000 B2M tokens given away to participants through Coinmarketcap. The airdrop is running from February 9th to March 2nd, 2022. With over 50,000 Holders already in its first 5 months in the market, the B2M airdrop is the most highly anticipated in Spain.

 

First Recognized Spanish Crypto Exchange

Yesterday, February 16th, Bit2me became the first exchange in the world recognized by The Bank of Spain, leading the way in the Spanish-speaking market as the primer crypto suite. The company is already a giant in Spanish-speaking nations, following a $23.7 million USD ICO, which sold out across 3 rounds in only 2 mins and 24 seconds. 

 

Guaranteed Winners vs Selected Winners 

  • All participants with 8,888 B2M in their Metamask before March 2, 2022, are guaranteed winners.
  • All participants with at least 1 B2M before March 2, 2022, are eligible for Diamond and Silver winners.
  • All participants with at least 1 B2M in their Metamask before and after March 2, 2022, are eligible for future airdrops.
  • Holders on any of these networks are eligible: Ethereum, Polygon (Matic), and BSC

 

Participate on Coinmarketcap 

All B2M holders can take part in the airdrop to win rewards in the form of B2M. By following the simple steps laid out on Coinmarketcap, (and in this video) anyone interested in the airdrop may join. Extra requirements can increase and even guarantee participants’ chances of winning.

 

8 Million B2M Rewards 

The airdrop rewards are allocated into 4 different tiers: Golden 8, Diamond, Silver, and Bronze. Every Coinmarketcap user that participates in the Airdrop and completes all the mandatory requirements will be eligible for the Bronze prize. However, the other categories are reserved for B2M token holders can be seen here in this Bit2Me Medium article 

 

No Claiming Necessary  

Winners and eligible participants will receive the prizes via the Polygon (Matic) network, no claiming will be necessary on their part. Winners will just need to add the custom Polygon Network RPC and add the custom B2M token to their wallet. Instruction videos for anything pertaining to the airdrop can be viewed from the above Medium article. 

 

The B2M token will be available on all winner addresses no later than March 2nd. Winners will be announced no later than 3 days after the Airdrop participation period ends through official social media channels such as Telegram. 

 

Big Response to B2M 

The B2M airdrop has seen a huge response from the community with 2.2 million participants registering within the first 7 days. Bit2Me stated that anyone interested in becoming eligible for future airdrops just needs at least 1 B2M to their wallet. B2M is available now on Ethereum, Polygon, (Matic) and BSC Networks through Uniswap, Quickswap, and PancakeSwap exchange. 

 

Backers and Partnerships

Bit2Me is backed by Huobi Ventures, ICON Foundation, TKX Capital, and Valhalla Capital, and has founders, executives and former executives from Coinbase, Polygon, Amazon, Chainlink, Nexo, Kraken, IBM, Mastercard, and more. Bit2me also has partnerships with Asian Crypto funds and companies such as DFG, GSR, NEXO, Mastercard, OVR, 100 Montaditos, GoStudent, CoinPayments, Polygon, and more. 

 

Bit2Me Links 

Airdrop | Telegram | Twitter | Facebook |Team | Airdrop Terms & Conditions

 

Media Contact Details

Contact Name: Victoria Salas

Contact Email: media@bit2me.com   

 

Bit2Me is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

 

The B2M TOKEN is a utility token intended to be used to benefit from discounts, promotions, and services on the Bit2Me website. It is therefore not a financial instrument or negotiable security. Bit2Me does not accept customers related to sanctioned countries, certain high-risk countries, or countries where specific national authorization is required, such as residents of the USA or Japan. Values of B2M in dollars were calculated on 22/01/2022. Please revisit the current B2M price chart to see the current values.

Source

The post Largest Spanish Crypto Exchange, Bit2Me goes Global with Airdrop: 1 Million Participants in 72 Hours appeared first on Bitcoin PR Buzz.

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Largest Spanish Crypto Exchange, Bit2Me goes Global with Airdrop: 1 Million Participants in 72 Hours

Posted on by Bitcoin PR Buzz Feed

Bit2me-5

Press Release: Spain’s largest crypto company, Bit2Me, is celebrating its new launchpad with a massive B2M Airdrop which is live on Coinmarketcap until March 2, 2022 

 

17th February 2022, Madrid — The Bit2Me Airdrop is well underway, and will see 8,000,000 B2M tokens given away to participants through Coinmarketcap. The airdrop is running from February 9th to March 2nd, 2022. With over 50,000 Holders already in its first 5 months in the market, the B2M airdrop is the most highly anticipated in Spain.

 

First Recognized Spanish Crypto Exchange

Yesterday, February 16th, Bit2me became the first exchange in the world recognized by The Bank of Spain, leading the way in the Spanish-speaking market as the primer crypto suite. The company is already a giant in Spanish-speaking nations, following a $23.7 million USD ICO, which sold out across 3 rounds in only 2 mins and 24 seconds. 

 

Guaranteed Winners vs Selected Winners 

  • All participants with 8,888 B2M in their Metamask before March 2, 2022, are guaranteed winners.
  • All participants with at least 1 B2M before March 2, 2022, are eligible for Diamond and Silver winners.
  • All participants with at least 1 B2M in their Metamask before and after March 2, 2022, are eligible for future airdrops.
  • Holders on any of these networks are eligible: Ethereum, Polygon (Matic), and BSC

 

Participate on Coinmarketcap 

All B2M holders can take part in the airdrop to win rewards in the form of B2M. By following the simple steps laid out on Coinmarketcap, (and in this video) anyone interested in the airdrop may join. Extra requirements can increase and even guarantee participants’ chances of winning.

 

8 Million B2M Rewards 

The airdrop rewards are allocated into 4 different tiers: Golden 8, Diamond, Silver, and Bronze. Every Coinmarketcap user that participates in the Airdrop and completes all the mandatory requirements will be eligible for the Bronze prize. However, the other categories are reserved for B2M token holders can be seen here in this Bit2Me Medium article 

 

No Claiming Necessary  

Winners and eligible participants will receive the prizes via the Polygon (Matic) network, no claiming will be necessary on their part. Winners will just need to add the custom Polygon Network RPC and add the custom B2M token to their wallet. Instruction videos for anything pertaining to the airdrop can be viewed from the above Medium article. 

 

The B2M token will be available on all winner addresses no later than March 2nd. Winners will be announced no later than 3 days after the Airdrop participation period ends through official social media channels such as Telegram. 

 

Big Response to B2M 

The B2M airdrop has seen a huge response from the community with 2.2 million participants registering within the first 7 days. Bit2Me stated that anyone interested in becoming eligible for future airdrops just needs at least 1 B2M to their wallet. B2M is available now on Ethereum, Polygon, (Matic) and BSC Networks through Uniswap, Quickswap, and PancakeSwap exchange. 

 

Backers and Partnerships

Bit2Me is backed by Huobi Ventures, ICON Foundation, TKX Capital, and Valhalla Capital, and has founders, executives and former executives from Coinbase, Polygon, Amazon, Chainlink, Nexo, Kraken, IBM, Mastercard, and more. Bit2me also has partnerships with Asian Crypto funds and companies such as DFG, GSR, NEXO, Mastercard, OVR, 100 Montaditos, GoStudent, CoinPayments, Polygon, and more. 

 

Bit2Me Links 

Airdrop | Telegram | Twitter | Facebook |Team | Airdrop Terms & Conditions

 

Media Contact Details

Contact Name: Victoria Salas

Contact Email: media@bit2me.com   

 

Bit2Me is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

 

The B2M TOKEN is a utility token intended to be used to benefit from discounts, promotions, and services on the Bit2Me website. It is therefore not a financial instrument or negotiable security. Bit2Me does not accept customers related to sanctioned countries, certain high-risk countries, or countries where specific national authorization is required, such as residents of the USA or Japan. Values of B2M in dollars were calculated on 22/01/2022. Please revisit the current B2M price chart to see the current values.

Source

The post Largest Spanish Crypto Exchange, Bit2Me goes Global with Airdrop: 1 Million Participants in 72 Hours appeared first on Bitcoin PR Buzz.

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Source: BPRB Feed

Source: thinkbitcoins

YFX DEX Governance Token Launches May 6th, 2021

Posted on by thinkadmin

YFX

YFX, the world’s first decentralized cross-chain perpetual contract trading platform is set for its token launch. After years of preparation the YFX token launch schedule has been released.

 

YFX: Low Fees, Multiple Blockchains

Currently, YFX utilizes four different blockchains and xDAI on Ethereum to keep fees low and YFX DEX running more efficiently than all competitors. Right now traders can utilize the Ethereum, BSC, TRON, or HECO blockchain and additionally Polkadot and OKEx chains are forthcoming to optimize the trading experience even further.

 

YFX Token Launch

With the recent success of other governance tokens such as Uniswap’s $UNI, the YFX team wanted to give their users the same opportunity to share in the DEXs success and enable voting rights with a token of their own, $YFX. The YFX token launch schedule will include an Initial Dex Offering (IDO), a Liquidity Bootstrapping Pool (LBP) and Decentralized Exchange (DEX)

 

Initial Dex Offering

The IDO (Initial Dex Offering) will start on May 6th, 2021. Investors participating in YFX IDO need to be whitelisted before May 6th.

 

YFX Token: IDO Bounce， WeStarter

YFX Token Contract: 0xF55a93b613D172b86c2Ba3981a849DaE2aeCDE2f

Total Amount: 100000000

YFX Token Launch Schedule：IDO, LBP. DEX

Period: May 6th-May 9th

IDO: Bounce WeStarter (May 6th）

YFX Token Price:$0.8 

 

Platform 

Bounce（ERC 20）, WeStarter（Heco Chain）Will start at the same time

Bounce：https://bounce.finance 

WeStarter：https://www.westarter.org

 

Token Allocation and Swap

Bounce：125,000YFX

WeStarter：125,000YFX

The maximum amount for each participant is $400($0.8/YFX)=500YFX=

Total Value $200,000. 

 

YFX tokens will be released after LBP from May 9th 10:00 AM (UTC) 

 

Tutorials and Official Links 

Each IDO platform has a whitelist, and users need to finish the whitelist authentication. 

 

Bounce

 

WeStarter

 

To learn more about YFX DEX and the launch of their governance token you can check out their links below. 

 

For more information about YFX, please visit — https://www.yfx.com/ 

Follow YFX on Twitter — https://twitter.com/YFX_Defi 

Read about YFX on Medium — https://yfxdefi.medium.com/ 

Join the Telegram group — https://t.me/YFX_EN 

YFX on Discord — https://discord.gg/xwAtjpabC5

 

Liquidity Bootstrapping Pool

The YFX token will be deployed to Balancer’s Liquidity Bootstrapping Pool (LBP) on May 7th and run until May 9th. Investors will be able to purchase YFX after opening LBP which is open to all investors. Investors participating in LBP do not need to be whitelisted. The address of LBP Pool will be announced in the official channel in advance.

 

LBP uses a variation of Dutch auction and reverse auction. At first YFX token will be set at a high price and if there are no buying orders, the price of YFX token will keep decreasing with time. Please make sure you are familiar with the auction rule before participating. 

 

DEX Launch 

After LBP the YFX Token will Launch DEX on May 9th and investors will be able to trade freely at that time. The YFX token will be fully priced by the market. All the information will be released in official channels!

 

Media Contact Details

Contact Name: Kivi Zhang

Contact Email: media@yfx.com 

 

YFX.COM is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest

 

Source: thinkbitcoins

Poltergeist Exchange Partners with Ghost By McAfee to Release a Private Stable Coin and Privacy Exchange

Posted on by Bitcoin PR Buzz Feed

pasted image 0

Friday 12th March 2021, St John, Antigua – Poltergeist Exchange has partnered with GHOST by McAfee to bring a private stable coin and privacy dex to the GHOST by McAfee blockchain. Poltergeist Exchange has released their native token GHOUL, and are developing and releasing a side chain with the same name for Ghost by McAfee. 

 

Side chains for GHOST will open up a variety of interaction possibilities including a full privacy dex using atomic swaps to flawlessly execute cross chain transactions, a private stabled coin, GHOSTDAI, that is pegged and backed 1:1 with DAI, and more. 

 

“When I was setting the vision for GHOST, I didn’t just see a privacy coin, but an ecosystem of products and services that really encompassed the ideas and values that I think are really important about being able to do business and send value privately.” said Josh Case, the founder of Poltergeist Exchange and Co founder of Ghost by McAfee. 

 

“Nothing can stop us from bringing these ideas to the world. And a lot of these ideas are closer than you may think” 

 

Poltergeist and Ghost have also brought on other heavy hitters as advisors such as Mate Tokay, Co founder of Bitcoin.com. 

 

“I am really happy to join these projects and help bring a true private crypto currency ecosystem to the world. A real private stable coin will be a game changer” said Mate Tokay. 

 

The experience of the GHOST team & its’ advisors puts GHOST in an advantageous position in a time where DEXs and privacy are in high demand. GHOST can be accessed by anyone, anywhere, at any time.

 

To sign up and join the next step in DEX advancement, visit the Poltergeist website.

 

Join the Poltergeist community by visiting Twitter, or chat on Telegram.

 

About GHOST

GhostbyMcAfee.com is a privacy coin founded by legendary tech pioneer John McAfee, who has continued to promote the project on his Twitter account from his jail cell in Spain. 

 

Media Contact Details 

Contact Name: Josh Case

Contact Email: admin@poltergeistexchange.com 

 

Poltergeist Exchange is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

 

Source

The post Poltergeist Exchange Partners with Ghost By McAfee to Release a Private Stable Coin and Privacy Exchange appeared first on Bitcoin PR Buzz.

Bitcoin PR Buzz – World´s First Crypto PR Agency with 9+ Years, 900+ clients, 1500+ press releases

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Poltergeist Exchange Partners with Ghost By McAfee to Release a Private Stable Coin and Privacy Exchange

Posted on by Bitcoin PR Buzz Feed

pasted image 0

Friday 12th March 2021, St John, Antigua – Poltergeist Exchange has partnered with GHOST by McAfee to bring a private stable coin and privacy dex to the GHOST by McAfee blockchain. Poltergeist Exchange has released their native token GHOUL, and are developing and releasing a side chain with the same name for Ghost by McAfee. 

 

Side chains for GHOST will open up a variety of interaction possibilities including a full privacy dex using atomic swaps to flawlessly execute cross chain transactions, a private stabled coin, GHOSTDAI, that is pegged and backed 1:1 with DAI, and more. 

 

“When I was setting the vision for GHOST, I didn’t just see a privacy coin, but an ecosystem of products and services that really encompassed the ideas and values that I think are really important about being able to do business and send value privately.” said Josh Case, the founder of Poltergeist Exchange and Co founder of Ghost by McAfee. 

 

“Nothing can stop us from bringing these ideas to the world. And a lot of these ideas are closer than you may think” 

 

Poltergeist and Ghost have also brought on other heavy hitters as advisors such as Mate Tokay, Co founder of Bitcoin.com. 

 

“I am really happy to join these projects and help bring a true private crypto currency ecosystem to the world. A real private stable coin will be a game changer” said Mate Tokay. 

 

The experience of the GHOST team & its’ advisors puts GHOST in an advantageous position in a time where DEXs and privacy are in high demand. GHOST can be accessed by anyone, anywhere, at any time.

 

To sign up and join the next step in DEX advancement, visit the Poltergeist website.

 

Join the Poltergeist community by visiting Twitter, or chat on Telegram.

 

About GHOST

GhostbyMcAfee.com is a privacy coin founded by legendary tech pioneer John McAfee, who has continued to promote the project on his Twitter account from his jail cell in Spain. 

 

Media Contact Details 

Contact Name: Josh Case

Contact Email: admin@poltergeistexchange.com 

 

Poltergeist Exchange is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. 

 

Source

The post Poltergeist Exchange Partners with Ghost By McAfee to Release a Private Stable Coin and Privacy Exchange appeared first on Bitcoin PR Buzz.

Bitcoin PR Buzz – World´s First Crypto PR Agency with 9+ Years, 900+ clients, 1500+ press releases

Source: BPRB Feed

Source: thinkbitcoins

CPH Crypto Offers Total Trading Flexibility with New Mobile App for iOS and Android

Posted on by Bitcoin PR Buzz Feed

discount crypto exchange

Bitcoin Press Release: Publicly-listed Scandinavian discount crypto exchange CPH Crypto launches its mobile trader apps, now available on Google Play/Android and App Store/iOS platforms.

  

4th January 2021, Copenhagen – Just a couple of weeks ago CPH Crypto, a leading Scandinavian deep-discount crypto exchange, announced margin trading 10x on crypto spot as its latest service. The company is proud to announce that traders can now onboard as clients and conduct all trading activities via CPH Crypto’s new mobile Trader App now available as Android and iOS platforms.  

  

CPH Crypto Trader APP for Flexible Trading  

The new trader app enables clients to start trading after just a couple of minutes of registration and onboarding. The CPH Crypto Trader App allows users to trade all the most popular cryptocurrencies and pairs, swiftly deposit, transfer, and withdraw bitcoin and USD anytime.

 

CPH Crypto’s CEO, Jan Andersen describes the recent progress, stating: 

   

“We have come a long way in only a few months since the launch of CPH Crypto webtrader in September. Margin trading on crypto spot was successfully launched just recently, and now our apps are ready. We know that this is extremely important for our clients because it offers them total trading flexibility. They can do everything on the smartphone and use the mobile trading apps like their usual desktop trading.” 

  

Unlimited Trading For Just 39 USD/Month

According to CPH Crypto’s philosophy, traders should only have to focus on their strategy and not on the costs when they trade. That is why CPH Crypto goes against the trend of high trading fees on the crypto market and offers a deep-discount fixed fee of only 39 USD/month for unlimited trading. Or a commission of only 0.04 pct. per transaction for single trading.

 

CEO Jan Andersen explains:   

 

“In the traditional stock and FX trading market competition has driven down fees to a low  level over the last decade. The same needs to happen in the crypto space, but we want it to go faster, and that’s why we launched our discount concept in September.”  

 

Dominant Trading Platforms Up to 13X More Expensive 

Recent calculations clearly document that some of the biggest crypto trading platforms are as much as 13 times more expensive for active crypto traders to use than CPH Crypto. To obtain a complete view of a particular broker’s or exchange’s trading fees, individuals need to take both commissions and spread into consideration. Traders tend to forget the impact of the spread on the total costs, even though the spread is often where the most significant part of the total fees is hidden, especially when trading on so-called commission-free brokers or exchanges.  

 

Typically these brokers/exchanges tend to compensate for the lack of fee on commission by heavily increasing the spread – the difference between the bid price and the sales price – enabling them to earn their margin on the spread instead. On top of this, traders should not forget that high fees on money management – like deposits and withdrawal – is also added to the total costs.

 

Unique Crypto Deposit Insurance 

Jan Andersen underlines that CPH Crypto offers the same services and features as the leading international trading platforms, stating:

 

“We offer margin trading 10x on crypto spot, deep streaming institutional level of liquidity and market depts, realtime quotes, tight spreads and genuine best execution standards. And from today our mobile apps are available too,” 

 

Jan continues: 

 

“In addition to all this, CPH Crypto offers exceptionally low fees; and another unique feature is our crypto deposit insurance, which together with the low fees makes CHP Crypto a truly unique player on the crypto trading market.” 

 

What the insurance does is to guarantee all the clients’ deposits in cryptocurrencies, which means, for instance, that in the unlikely case of a hack of the trading platform, all the clients’ deposits in cryptocurrencies will be insured. To prove the extreme differences in fees between CPH Crypto discount exchange and four globally dominant trading platforms, CPH Crypto has conducted a line of price comparison based on concrete examples.  

Anyone can download the CPH Crypto Trader App now on Google Play or iOS and take advantage of some of the lowest fees in the industry. 

  

To Learn more visit the CPH Crypto –  www.cphcrypto.com

Follow CPH Crypto on Twitter – https://twitter.com/cph_crypto

Find CPH Crypto on Facebook – https://www.facebook.com/cphcrypto

 

Media Contact Details

Contact Name: Jan Andersen

Contact Email: jan@cphcrypto.com

 

CPH Crypto is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

 

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today. 

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Preserve Your Crypto Profits in Silver with Vaultoro Exchange

Posted on by Bitcoin PR Buzz Feed

vaultoro exchange

Bitcoin Press Release: Vaultoro exchange, the crypto currency and gold exchange announces the landmark addition of silver, giving users the ability to buy, sell, trade and secure the precious metal from December 17th. 

 

29th December 2020, Cardiff – Cryptocurrency exchange Vaultoro is known for enabling their traders to secure profits and store them in physical, insured and audited Swiss gold bullion. On December 17th 2020, Valutoro announced the support of silver bullion on its exchange, instantly making itself accessible to both cryptocurrency and precious metals investors.

 

Vaultoro CEO Joshua Scigala explains why silver could soon expect a price boom, stating:

 

“Silver has a great opportunity as it has fantastic antibacterial and antiviral properties. As we all know, 2020 has shown why this is important. This makes silver one of the best assets to diversify into when investing in rare physical assets.”

 

Silver trading pairs

Both bitcoin and gold have seen a huge rise in value in 2020 whilst silver is still considered to be undervalued. Interest in Silver has risen considerably this year, as is expected to continue, with the medical industry recognising its potent antibacterial properties, along with its growing use in electronics. 

 

In response to huge demand for bank-independent profit taking from crypto traders and precious metal enthusiasts, Vaultoro has now bridged the longstanding gap with this groundbreaking integration of silver bullion pairs, offering one of the cheapest ways to buy, sell and secure silver bullion. Current tradable pairs are, SILVER / BTC and SILVER / DASH with SILVER /GOLD and SILVER / ETH coming soon.

Silver Airdrop to all Vaultoro users

To celebrate the integration of silver, Vaultoro is airdropping 5Kg of silver bullion (5 grams per person), vaulted in one of the most secure vaulting facilities in the world, the Brinks Zurich tax free zone vaulting facility. This silver is secured in the owners name and is their legal property so even if something happened to Vaultoro, no one can touch the bullion, not even liquidators. 

Anyone interested in the silver airdrop must log in by the 7th of January 2021. 

 

What is Vaultoro Exchange?

Many users risk getting their bank accounts frozen when taking crypto profits off the table. Vaultoro is the perfect exchange for anyone interested in taking profits made in crypto and holding them bank independently in physical gold or silver. Users can trade numerous cryptocurrencies, and move their gains into physical assets like silver, for long or short-term stability without the threat of having their bank accounts frozen. 

 

Vaultoro gives its users easy access to professionally vaulted, fully insured and audited gold and silver bullion. Storage of silver also costs users particularly low amounts in fees – clocking in at only 0.003% per day. Users can trade back to crypto at any time to buy the coming bitcoin dip. Silver (like gold) is secured in the owner’s name as their legal property in a private, bank independent top-tier Swiss vaulting facility. Gold is audited by one of the largest auditors in the world in BDO. 

 

Get Paid To Trade

Everyone hates paying trading fees, and Vaultoro turned trading fees on its head by actually paying trading fees to users instead of charging them on crypto to crypto pairs. The exchange uses an order book on which thousands of users can trade with each other and find a fair price, if users place an order in the orderbook as a market maker, they will be paid a negative trading fee for adding liquidity to the exchange.
 

Why Storage fees are so low

Due to the large volumes of gold Vaultoro exchange secures for their clients, the vaulting fees are much lower than any individual would have to pay. Vaultoro passes those bulk savings directly on to the user.

 

For more information about Vaultoro, please visit – https://vaultoro.com/

Follow Vauloro on Twitter – https://twitter.com/vaultoro

Follow Vauloro on Instagram – https://www.instagram.com/vaultoro

Find Vaultoro on Facebook – https://facebook.com/vaultoro

Meet the team on LinkedIn – https://www.linkedin.com/company/vaultoro/

Read about Vaultoro on Medium – https://medium.com/@vaultoro

 

Media Contact Details

Contact name: Isabel Lanz

Email: isabel@vaultoro.com

 

Vaultoro is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

 

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today.

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Dominant Trading Platforms Charge Traders up to 13 Times more than CPH Crypto 

Posted on by Bitcoin PR Buzz Feed

CPHCrypto_Fees

Bitcoin Press Release: Recent calculations clearly document that the dominant crypto trading platforms are up to 13 times more expensive for active crypto traders to use than the new Scandinavian exchange CPH Crypto.  

 

16th December 2020, Copenhagen, Denmark – Every swing trader, day trader and scalper in the crypto market knows the importance of trading fees and how those fees often make it extremely difficult to pursue trading strategies based on high-frequency trading. It’s commonly known among traders that cost simply kills profit. 

 

Lack of competition and transparency prevents traders to profit. The problem is simple: Up until now, the competition on fees in the crypto trading market has been virtually absent, and the dominant trading platforms have been able to charge exorbitant transaction fees and get away with opaque pricing structures, which has made it extremely difficult for customers to figure out what they are actually paying in total for the services they are using.  

 

The reason for the problem is immaturity in the crypto market. Going back twenty years, the traditional stock, bond and FX market was on the same stage of development as the crypto market is today, and similar to the crypto market, the traditional market was dominated by few very big players that were able to charge very high prices because of lack of competition and transparency.  

 

Immediate Disruption of Fee Structures 

“Eventually new players entered the market and started to disrupt the dominant players’ pricing models and drive down prices. And today, trading fees on traditional products are only fractions of the level we see in the current crypto market,”

 

says CEO Jan Andersen, CPH Crypto, who continues:

 

“Our team knows this because we have our roots in the old trading world. And our declared mission is to disrupt the dominant crypto players by offering our clients fees that are way below the fees of these players. The history evidently repeats itself, only this time traders should not have to wait twenty years before the fees are down to a reasonable level. CPH Crypto has decided to drive down the fees immediately.” 

 

Watch out for Hidden Fees 

To obtain a complete view of a particular broker’s or exchange’s trading fees, you need to take both commissions and spread into consideration. Traders tend to forget the impact of the spread on the total costs, even though the spread is often where the most significant part of the total fees is hidden, especially when trading on so-called commission-free brokers or exchanges.  

Typically these brokers/exchanges tend to compensate for the lack of fee on commission by heavily increasing the spread – the difference between the bid price and the sales price – which enables them to earn their margin on the spread instead. On top of this, traders should not forget that high fees on money management – like deposits and withdrawal – is also added to the total costs.  

 

Extreme Price Differences up to 1,249% 

In order to prove the extreme differences in fees between CPH Crypto and four globally dominant trading platforms, CPH Crypto has conducted a line of price comparison based on concrete examples. Four major platforms are Binance, Kraken, Coinbase Pro and eToro, and the examples are based on one month of crypto trading volume of respectively 1,000 USD, 10,000 USD, 200,000 USD and 500,000 USD. In summary the results of the comparisons are:  

 

By 1,000 USD Per Month  

  • Cheapest platform: CPH Crypto with fees in total: 0.6 USD 
  • Most expensive platform: Coinbase Pro with fees in total: 5.0 USD 
  • Difference 4.4 USD / 733% 

 

By 10,000 USD Per Month 

  • Cheapest platform: CPH Crypto with fees in total: 6 USD 
  • Most expensive platform: eToro with fees in total: 37.5 USD 
  • Difference: 31.5 USD / 525% 

 

By 200,000 USD Per Month

  • Cheapest platform: CPH Crypto with fees in total: 79 USD 
  • Most expensive platform: eToro with fees in total: 750 USD 
  • Difference: 671 USD / 849% 

 

By 500,000 USD Per Month

  • Cheapest platform: CPH Crypto with fees in total: 139 USD 
  • Most expensive platform: eToro with fees in total: 1,875 USD 
  • Difference 1,736 USD / 1,249% 

(Numbers collected in Q2, 2020. Please see this page for more information)

 

“All-in-one” Fixed Fee. Unlimited Trading for 39 USD/Month 

According to CPH Crypto’s philosophy, traders should only have to focus on their strategy and not on the costs when they trade. That is why CPH Crypto goes against the trend of high trading fees on the crypto market and offers a deep-discount fixed “all-in-one” fee of only 39 USD/month for unlimited trading or a commission of only 0.04 pct. per transaction for single trading.   

 

To learn more, visit the CPH Crypto website: https://cphcrypto.com/

 

Media Contact Details

Contact Name: Jan Andersen

Contact Number: +45 4060 3239

Contact Email: jan@cphcrypto.com

 

CPH Crypto is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. 

Source

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