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Recently, the global community was shocked by the news about the Binance card program closure. This October, Binance users from EEA countries got notifications that after the 20th of December, all Binance cards issued in this region will be terminated. crypto However, this news did not come as a surprise to experts. For example, I wrote about the possible closure of the program back in late August. Indeed, even then, we received information that both VISA and Mastercard would likely end their interaction with Binance. It’s clear that payment networks have immediately stopped their cooperation with Binance because of its global legal issues, especially court cases against the SEC and CFTC in the United States. Additionally, a Binance Card program with Mastercard for Latin America and the Middle East was terminated in August. However, there was a chance that in the European Union, Binance/Visa would make an exemption and let to use already-issued cards for existing users. This didn’t happen. In August, Binance hastened to reassure its clients and announced support of direct withdrawal to fiat accounts by Binance Pay for Latin American users. For EU residents, direct fiat withdrawal was unavailable after PaySafe European payment provider was rejected from cooperation with Binance this September. However, on 19th October, the exchange claimed that it had new partners to provide EURO payments, deposits, and withdrawals. That’s why, if you are a Binance user living in EEA countries, you can easily withdraw your funds to your bank account in EUR. Nevertheless, thousands of Binance card users in the European Economic Area are frantically looking for alternatives. Crypto cards: key stats Today, cryptocurrencies and cryptocurrency payments have already become quite popular in Europe. For example, this is evidenced by research, which contains actual data about crypto adoption in payments in the EU. It includes only Eurozone 19 counties: Belgium, Germany, Ireland, Spain, France, Italy, Luxembourg, the Netherlands, Austria, Portugal, Finland, Greece, Slovenia, Cyprus, Malta, Slovakia, Estonia, Latvia and Lithuania. ECB Stats 2022 According to that research, the average percentage of crypto owners in 2022 inside the European Union was about 4%. Countries where crypto assets are most popular include Slovenia (8%), Luxembourg (8%), Germany and France. This research also gives an overview of the most common use cases for crypto-investment purposes and as a payment solution. As you may see on the chart below, currently, crypto is more of an investment than a payment solution. However, 11 EA19 countries presented in the chart have at least 30% of crypto owners who use it for payment for payment purposes only and/or both for payment and investor purposes. We also may conclude that there are 7 countries where at least 10% of crypto users enable it for payments only: Lithuania (24%), France (18%), Lithuania, Luxembourg, Latvia, Slovenia, Spain, and Greece. The average percentage of crypto users in EA19 countries that use it for payment purposes only is almost 10%, and for both, about 20%. There are relatively low levels of crypto payments, according to the chart we have in the Netherlands, Finland, Germany, and Estonia. Crypto card transaction volume for Europe is still unknown. However, there is data about global transaction volume for the last few years. For instance, based on the total value of transactions made using crypto credit cards exceeded $1 billion in 2021. The number of crypto credit cards then was fewer compared to today. In the first quarter of 2022, Visa customers made $2.5 billion in payments in crypto-linked cards. That was 70% of the company's crypto volume for all of fiscal 2021. Probably, it lets us estimate the total value of all VISA crypto card transactions in 2022 as $10 billion. , Invezz Hypothesis: Based on in 2021, VISA and Mastercard reported a Payment Volume (for ALL PAYMENTS) of $10.89 trillion and $5.96 trillion, respectively. Taking this ratio similar to crypto transactions globally, it’s possible to estimate total global crypto card transaction volume in 2022 between $10-20 billion, based on VISA's 2022 numbers. PopularFintech Alternative Crypto Cards So, as we see, there is a broad audience of crypto holders who use it for payment purposes, and there is a growing demand for crypto cards, too. That’s why, for many people, an opportunity to change crypto and withdraw it is not enough. Crypto cards provide easy payments with low fees for the daily needs of crypto users. So, it’s not a surprise that people are looking for substitutes after the closing of the Binance card program in Europe. And there are at least dozens of crypto cards in the world in total. In our study, there are almost 100 of them, and these are only the cards that are publicly available on the net in English. This number doesn’t contain cards and crypto card providers still in development - only complete solutions. Nevertheless, not all of them are available for EEA countries, and at least we can talk about 20 different crypto cards public in the European Economic Area. Large crypto exchanges such as Coinbase, Gemini, Bybit, Bitstamp, Kraken, Nexo, Crypto.com, eToro, and Bitpanda have their crypto cards. Also, crypto card providers such as Xapo, Wirex, Choice (exCrypterium), Plutus, Monolith, and ShakePay. A basic list of existing crypto cards can be found in the Crypto Penetration database in Notion with . According to our research, there are at least 87 crypto cards in the world. Another public survey from the contains only 27 crypto cards there. And we haven't found any other crypto card research or tracker with the list of available crypto cards there. Crypto Cards Overview CryptoWisser portal If you have any feedback regarding the article's topic - please contact me by e-mail at editor@cryptopenetration.com or on . my X account

The Binance Card Program is Done, What Do You Do Now?

LONDON, United Kingdom, September 8th, 2023/Chainwire/--One Trading, the crypto asset exchange formerly operating under the Bitpanda Pro brand, today announced its new product, Instant Trade. Having recently raised €30M and fully separated from Bitpanda, Instant Trade is another step forward for One Trading as it diversifies its offering and establishes its footprint as a household name providing crypto assets to both retail and institutional investors in Europe. With backers including the likes of Peter Thiel’s Valar Ventures, MiddleGame Ventures, Speedinvest, Keyrock, and Wintermute Ventures, One Trading is drawing a lot of attention. Led by TradFi heavyweight and ex-JP Morgan exec Josh Barraclough, One Trading aims to address the lack of regulated venues in Europe by offering more sophisticated crypto products, including derivatives and spot trading, to both institutions and retail customers. With many traditional finance players lacking experience in the crypto market, there is a significant gap in providing long-term product confidence and success. What The CEO Had to Say The latest product being launched is Instant Trade. Josh had the following to say about Instant Trade: “We’re really excited to be unraveling our latest product, Instant Trade, which brings our OTC product, typically reserved for institutional clients, to all customer types. Our customers can now trade 100+ pairs between crypto-assets and fiat seamlessly with great fiat on and off ramps at the click of a button, and commission-free trading. Most brokers charge a dealing fee when customers buy or sell assets, however, Instant Trade will have 0% commission, meaning there is no additional dealing fee charged on Instant Trade aside from the market spread applied. We’ve built up a deep pool of liquidity with a range of partners over the years, which everyone can access without having to trade hundreds of millions a day or hold ecosystem tokens. We have a simplified, really easy to use UI and customers can even trade up to ten million euros in one trade. We’ll also be regularly adding new assets and our customers can rest assured that with our VASP license, we are a safe, secure, and regulated service, for anyone that isn’t a customer, you can test out Instant Trade on our website and compare our prices. We’re really excited to hear feedback from our customers so do let us know what you think via our socials and community channels. We will also be releasing an article on the One Trading blog page specifically about Instant Trade, so keep an eye out for that on the website.” "We want to make crypto trading safe and accessible for all and bridge the gap to provide an institutional-grade platform for all customer types. We have been rolling out a rebrand and a number of big infrastructure changes. We will be going live shortly with what we believe to be the fastest and most scalable exchange (< 250-microsecond order create/cancel) based on real-world metrics available to a shared retail and institutional audience. We aim to become a utility for large liquidity providers to exchange unlimited amounts of risk under a membership model instead of pay-per-trade and have low fees and deep books for retail with a number of liquidity protections. We will then start listing more products with appropriate controls and vetting as we move into derivatives. Above all we want a regulated, institutional-grade platform where people feel safe to trade with unique product options"Josh Barraclough, CEO, One Trading. https://www.youtube.com/watch?v=7rInXR-V2yo&embedable=true One Trading intends to operate as a MiFID Trading Venue, which will augment its existing VASP license, and would allow its platform to offer capital-efficient spot and derivative products for all customer types. It also offers a higher level of protection for customers who will be vetted through stringent anti-money laundering (AML) and Know-your-customer (KYC) procedures as well as client appropriateness checks. The full-scale MiFID license will also allow One Trading to list financial instruments – removing the debate over whether a DLT asset is a token or a security – and will permit new products to be designed from the ground up with appropriate vetting, transparency, and customer protection in mind. One Trading’s platform also offers access to a high-touch and secure OTC trading service, enabling high-net-worth individuals and institutions access to a wide range of digital assets, with competitive fees, and deep pools of liquidity. About One Trading The One Trading team is based and headquartered in Europe with offices across Amsterdam, London, Milan, and Vienna. One Trading is regulated in the EU and has built its product and venue to meet the needs of European customers. One Trading’s mission is to bridge the gap between crypto and traditional asset trading with a single regulated trading platform for all customer types and all products. Users can learn more about One Trading at their website: www.onetrading.com and for more updates, follow the One Trading social channels via Linktree. Contact Marketing Contact Andy Keelaghan One Trading info@3webdigital.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program.https://business.hackernoon.com/business-blogging?ref=hackernoon.com

One Trading Debuts Instant Trade to the World: What You Need to Know

One Trading presenta el comercio instantáneo al mundo: lo que necesita saber

One Trading lance le commerce instantané dans le monde : ce que vous devez savoir

वन ट्रेडिंग ने दुनिया में त्वरित व्यापार की शुरुआत की: आपको क्या जानना चाहिए

One Trading がインスタント取引を世界にデビュー: 知っておくべきこと

One Trading estreia comércio instantâneo para o mundo: o que você precisa saber

Một giao dịch ra mắt giao dịch tức thì với thế giới: Những điều bạn cần biết

One Trading 向全球推出即时交易：您需要了解什么

The Sociable's 40 Under 40 Influencers in Blockchain for 2023

Los 40 influencers menores de 40 de The Sociable en Blockchain para 2023

Les 40 influenceurs de moins de 40 ans de The Sociable dans la blockchain pour 2023

2023 के लिए ब्लॉकचेन में सोशिएबल के 40 अंडर 40 प्रभावशाली व्यक्ति

The Sociable の 2023 年のブロックチェーンにおける 40 歳未満のインフルエンサー 40 人

Os 40 influenciadores com menos de 40 anos do Sociable no Blockchain para 2023

Danh sách 40 người có ảnh hưởng dưới 40 tuổi của The Sociable trong Blockchain cho năm 2023

The Sociable 评选 2023 年区块链领域 40 位 40 岁以下影响者

VIENNA, Austria, May 17th, 2023/Chainwire/--Pantos, a Multichain Token System conceived by the team behind Bitpanda, today announced the public release of the Multichain Token Creator. It is an easy-to-use web app that allows users to configure and deploy their own multichain tokens built on top of the Pantos Digital Asset Standard (PANDAS). Moreover, developers can configure their base token and download the contract code to extend it with their custom functionality. The Multichain Token Creator makes it easy for projects to launch on multiple blockchain networks, increasing their reach without much effort and creating more opportunities for the community and the projects themselves. Developers, users, and their assets no longer have to be locked to a single chain. “Our Multichain Token Creator is a defining innovation in the blockchain space, offering developers and projects an effortless way to adopt a revolutionary multichain token standard that drives unparalleled cross-chain collaboration and opens up endless possibilities for the future of decentralized technology,” said Marius Ciortan, the Director of Product Engineering at Pantos. For developers, the Token Creator dramatically reduces the time and complexity of developing multichain assets, enabling them to launch their tokens within minutes. Users, on the other hand, will have a smoother multichain experience thanks to the increased availability of native multichain assets through the easy token creation process. Pantos will showcase the Token Creator to the public for the first time during Super Demo at the upcoming EDCON conference, to be held between May 19-23 in Montenegro. It will also introduce the Pantos Digital Asset Standard (PANDAS) at the event. The EDCON Super Demo provides a platform for startups or projects promoting the development of Ethereum technology and its ecosystem. The Super Demo starts on the first day of the conference, May 19th, and concludes on May 22nd. Pantos began in 2018 as an in-house research project by Bitpanda in collaboration with TU Wien (Austria) and later also TU Hamburg (Germany) to establish an open standard for truly decentralized multichain token transfers and blockchain interoperability. It allows developers and users to send tokens, wrap native coins of supported chains, and create and deploy native multichain tokens easily with a few clicks. Pantos currently supports seven chains on testnet: Ethereum, Polygon, Avalanche, BNB, Cronos, Celo and Fantom; and plans to integrate more EVM and non-EVM chains continuously. Earlier this month, Pantos won the 'Best Business Model' award at the Austrian Blockchain Award Gala. About Pantos Started as a research project by the team behind Bitpanda in 2018, Pantos is an open-source protocol on a mission to make Web3 truly interoperable. It aims to become an enabler for sophisticated Web3 applications. Pantos’ cutting-edge technology allows existing and upcoming tokens to be deployed on multiple blockchain networks, giving users the freedom to choose the most suitable network for their digital assets. It secured $12.1 million in funding through an Initial Coin Offering (ICO) on Bitpanda in 2018. For more information, visit: | Website Twitter Contact Marsel Nenaj contact@pantos.io This story was distributed as a release by Chainwire under HackerNoon’s Brand As An Author Program. Learn more about the program here: https://business.hackernoon.com/brand-as-author

Pantos Releases Multichain Token Creator Which Will Help Users Deploy Tokens on Multiple Blockchains

Pantos lanza un creador de tokens multicadena que ayudará a los usuarios a implementar tokens en varias cadenas de bloques

Pantos lance le créateur de jetons multichaînes qui aidera les utilisateurs à déployer des jetons sur plusieurs chaînes de blocs

पैंटोस मल्टीचैन टोकन क्रिएटर जारी करता है जो उपयोगकर्ताओं को एकाधिक ब्लॉकचेन पर टोकन तैनात करने में मदद करेगा

Pantos、ユーザーが複数のブロックチェーンにトークンを展開できるようにするマルチチェーン トークン クリエーターをリリース

Pantos lança criador de token multichain que ajudará os usuários a implantar tokens em vários blockchains

Pantos phát hành Trình tạo mã thông báo đa chuỗi sẽ giúp người dùng triển khai mã thông báo trên nhiều chuỗi khối

Pantos 发布 Multichain Token Creator，它将帮助用户在多个区块链上部署令牌

Blockchain technology has already tremendously impacted industries by enabling secure, decentralized transactions. However, one of the key challenges it still faces is achieving interoperability among different blockchain networks. Multichain token systems offer a promising solution to this challenge by enabling tokens to be transferred across multiple blockchain networks, regardless of their underlying protocols. In this interview, we will explore the concept of multichain token systems in greater detail, discussing their potential benefits and challenges and exploring the latest developments in blockchain interoperability. In addition, our guest will share their insights and experiences, providing valuable perspectives on how multichain token systems can help drive the future of blockchain technology. So, let's get started. Hi there, tell us your name and what you do. My name is , and I am the Product Engineering Director for Pantos; working at Bitpanda for more than three years in different roles having the main purpose of building and growing software engineering teams. I have an engineering background in computer science and am passionate about creating an innovative and collaborative work culture. Marius Ciortan Two years ago, I hired the first Blockchain engineer in the Pantos team to implement the multichain token system based on the results of years of extensive research we had already conducted. Today, we are a growing team of several blockchain, backend, and frontend engineers who work hard to further improve and extend Pantos. In addition, we recently started our open beta, allowing everyone interested in trying out Pantos in a testnet environment. What got you interested in cryptocurrency? I discovered in its early days, but it got my attention in 2017 when I started to get acquainted with cryptocurrencies and learn about cryptography. Later, I began networking and connecting with industry experts, which opened up the opportunity to take an engineering leader role at Bitpanda in November 2019. Bitcoin Can you explain the concept of multichain token systems and how they contribute to interoperability among blockchains? Multichain token systems enable interoperability among different blockchains by allowing tokens to move freely between them. Unfortunately, most tokens today are deployed on a single blockchain and must be wrapped to be interoperable with other blockchains. With Pantos, we introduce a native multichain token standard that seamlessly supports multiple chains. These include Ethereum, BNB Chain, Polygon, Avalanche, Cronos, Fantom, and Celo. We plan to support more blockchains over time. How do multichain token systems differ from traditional token systems in terms of their ability to achieve interoperability? Traditionally, tokens are issued on a single blockchain like Ethereum. These tokens must follow a well-defined standard to be usable across different wallets and applications. For example, fungible tokens on Ethereum have to adhere to the ERC-20 standard. A single-chain token standard like ERC-20 defines several different operations for a token but does not specify any functions for cross-chain token transfers. A multichain token standard adds these cross-chain functionalities. We have designed our lightweight multichain token standard (PANDAS) for Pantos. Our goal was that PANDAS multichain tokens are fully compliant with the native token standards (like ERC-20) on all Pantos-supported blockchains but additionally have a set of functions necessary for cross-chain token transfers. The goal of these new features is to make it possible for our smart contracts and off-chain components to safely and scalably move tokens between different blockchains. Hence, PANDAS multichain tokens can easily be supported by any wallet and third-party applications to achieve blockchain interoperability. What impact do you think multichain token systems will have on the blockchain industry? Multichain Token Systems are just the first steps into a more interoperable blockchain landscape. We will see more focus on arbitrary cross-chain messaging, enabling smart contract calls across different chains and giving decentralized app developers superpowers to build the next generation of trustless apps. How does blockchain interoperability impact the decentralized finance (DeFi) ecosystem, and what kind of opportunities does it create? Interoperability is already impacting the DeFi ecosystem heavily today. We can see many decentralized exchanges like Uniswap launching on multiple chains and opening up many opportunities for liquidity providers and arbitrage bots. The cool thing is that we are building infrastructure that is empowering people. It opens up new ways and possibilities to interact with different blockchains. How do interoperability and cross-chain communication impact the tokenization of assets, and what benefits does this offer? The tokenization of real-world assets is big, and we see major banks looking into this topic. But, again, we identified the need for future-proof solutions. Over time, tokenizing money market fund shares or other real-life assets, for example, means that those assets could be used as collateral in different DeFi ecosystems and that the total value locked on different blockchains would increase considerably. Tokenizing institutional assets would transfer a huge value into the world of crypto so that DeFi's revolutionizing mechanisms can be used for trading, borrowing, and lending. In addition, multichain systems offer the benefit of not being dependent on a single blockchain network. Rather, the assets can move between all of the chains, and you can have the freedom to choose. Therefore enabling the transfer of value and, in the future, tokenized assets freely between different blockchains and DeFi ecosystems is a goal worth working towards. What are the key benefits of issuing multichain tokens for businesses and individuals that use blockchain technology? The key benefit for businesses is that they can focus on their actual product while we provide a worry-free future-proof infrastructure. For example, suppose a big bank or other institution wants to issue a token on-chain. In that case, they don't need to worry about a blockchain network becoming obsolete or stopping to work because the tokens are not bound to a single chain. Instead, token owners can easily transfer the asset to the most suitable chain for their needs. Can you discuss any recent developments or innovations in the area of blockchain interoperability that you find particularly exciting? One of our recent innovations was our work on oracle scalability, enabling voting-based oracles to be economically scalable. As an R&D project, we welcome a changing landscape and are eager to push the space forward and shape the future of blockchain interoperability together. Our research team has been industrious in the last few months. We are always looking into further optimizing the system and finding new ways to make it better and/or cheaper without compromising on the security side of things. How can we minimize the dangers of cross-chain interoperability? We looked into some of the bridge hacks to find out what went wrong and if we could also become a potential subject of vulnerability. The surprising results showed that most of the hacks happened because of simple mistakes, such as publishing code changes before fixing vulnerabilities, poor-quality code, or inadequate internal procedures. Most of the time, if effective development methods and quality assurance procedures had been in place before the code was released, these occurrences might have been avoided. Mainnet releases should be issued only after extensive testing and auditing to ensure that all functionality is as planned and that no money are at risk. Pantos differs from most other solutions in that we do not lock any tokens on the source chain for native token transfers. Native Pantos cross-chain transfers always consist of a burn transaction on the source chain and a mint of the tokens on the destination chain. Thus, no large pools of assets on either chain could be drained. This is one of the many design choices we have made on the protocol level to make Pantos as secure as possible. Lead image generated with stable diffusion.

The Role of Multichain Token Systems in Achieving Blockchain Interoperability

Blockchain Interoperability Emerges as Key Driver for Seamless Multichain Token Transfers in Crypto Industry Blockchain interoperability and multichain token transfers are becoming increasingly important in the crypto industry because they enable users to easily transfer assets between different blockchain networks. In the past, transferring assets from one blockchain network to another was often a complex and cumbersome process, which required the use of centralized exchanges or other intermediaries. However, with the advent of interoperability solutions and multichain token standards, such as those being developed by , it is becoming much easier for users to transfer assets across different blockchain networks in a decentralized and trustless way. Pantos Pantos launches beta version of multichain token system with Bitpanda's backing Pantos has the beta version of its multichain token system with Bitpanda's backing. The project provides a cutting-edge solution for asset transfers between different blockchain networks. Pantos seeks to address the current state of insecure and clunky Web3 applications by providing developers with the architecture and tools necessary to build multichain assets. The project is also working to develop an industry standard for multichain token transfers and blockchain interoperability in partnership with the Technical University of Vienna, the University of Hamburg, and the international branch of the Raiffeisen Bank. launched https://twitter.com/PantosIO/status/1625505944690954245?cxt=HHwWisC42evC-o4tAAAA&embedable=true : Vested Interest Disclosure The author is an independent contributor publishing via our . Be it through direct compensation, media partnerships, or networking. The author has a vested interest in the company/ies mentioned in this story. HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYOR brand-as-author program Eric Demuth, CEO and co-founder of both and , believes that the project will facilitate significant crypto adoption as the world enters the Web3 era. Pantos has created the PANDAS-20 standard, which eliminates the need for developers to perform maintenance while deploying assets to different blockchains, thus making the development of complex Web3 applications more accessible. Pantos Bitpanda Web3 applications rely on the seamless transfer of assets between different blockchain networks in order to function properly. Ultimately, the development of interoperability solutions and multichain token standards is key to the growth and development of the broader crypto industry. The protocol has its own gas token PAN and is fully decentralized and open-source. Tokens created using Pantos' technology will be usable on any of the supported blockchain networks, providing consumers with the freedom to choose the platform that best suits their digital assets. Pantos' public beta already provides a trustworthy validation mechanism to guarantee a seamless launch. The project's potential to revolutionize asset transfers across multiple blockchain networks has significant implications for the future of the crypto industry, and its impact on Web3 applications and the wider digital asset ecosystem will be worth monitoring. Don’t forget to like and share the story!

Pantos Aims to Fix Insecure and Clunky State of Web3 Apps with Multichain Token System

Pantos tiene como objetivo corregir el estado inseguro y torpe de las aplicaciones Web3 con el sistema de token de cadena múltiple

Pantos vise à corriger l'état non sécurisé et maladroit des applications Web3 avec le système de jeton multichaîne

पैन्टोस का उद्देश्य मल्टीचैन टोकन सिस्टम के साथ वेब3 ऐप्स की असुरक्षित और भद्दी स्थिति को ठीक करना है

Pantos は、マルチチェーン トークン システムを使用して、Web3 アプリの不安定で不格好な状態を修正することを目指しています

Pantos pretende corrigir estado inseguro e desajeitado de aplicativos Web3 com sistema de token multicadeia

Pantos nhằm mục đích khắc phục tình trạng không an toàn và lộn xộn của các ứng dụng Web3 bằng hệ thống mã thông báo đa chuỗi

Pantos 旨在通过多链令牌系统修复 Web3 应用程序的不安全和笨拙状态

What is Happening? DeFiChain Token “DFI” will start trading against USDT on Huobi on 25th July at 6:00 UTC. Any DFI tokens purchased on Huobi can be moved to a DeFiChain wallet, making them accessible to traders and investors. Kucoin, Bybit (ERC-20 format), Bittrex, Bitrue, Hotbit, and Bitpanda are just some of the exchanges where you can buy and sell the DFI token. Huobi, which has been around since 2013, is a major cryptocurrency trading platform. As a result of DFI’s listing on Huobi, it will be more accessible to cryptocurrency users everywhere. With Huobi, professional crypto traders and investors have access to a complete ecosystem that allows them to buy, sell, stake, and borrow a wide variety of cryptocurrencies. : Vested Interest Disclosure The author is an independent contributor publishing via our . Be it through direct compensation, media partnerships, or networking. The author has a vested interest in the company/ies mentioned in this story. HackerNoon has reviewed the story for quality, but the claims hereon belong to the author. This article is not investment, taxation, or legal advice. #DYOR brand-as-author program https://twitter.com/defichain/status/1551501382615801856?cxt=HHwWgIC9tbGShYgrAAAA What Is DeFiChain? In order to facilitate cutting-edge DeFi applications, the Bitcoin network was hard forked to create DeFiChain, a decentralised Proof-of-Stake blockchain. Its primary goal is to provide decentralised financial services that are quick, smart, and transparent. Mining for liquidity, staking, distributed assets, and loans are all services provided by DeFiChain. Understanding How DeFiChain is Making it Easy to Enter the World of DeFi DeFiChain is an on-chain governance blockchain that eliminates the need for a central authority. The project’s community has been actively engaged in practically every facet of the blockchain since the mainnet debut in May 2020, including nodes, masternodes, projects, tools, governance, economic concepts, and code governance. Its source code has been produced using an open-source methodology and has been subjected to extensive peer review and community discussion. If you have a DFI token, you may access the whole DeFiChain ecosystem. Among the many things it underpins on the DeFiChain blockchain are: Providing Access to Multiple Sources of Liquidity Using staking to ensure the integrity and consensus of a blockchain dUSD stablecoin and stock tokens as security for creating new tokens or borrowing existing ones. The blockchain was originally developed for use in decentralised financial applications. Consequently, it provides a full capability that is easy to use, fast, and secure for this region. Some examples are as follows: Lending Token wrapping A Look at the Oracles of Cost Exchanges Debts and receivables that may be sold Definition of a Non-Collateralized Form of Debt Converting Assets into Tokens Payout of Dividends Due to the modification, the native decentralised stablecoin dUSD may be used. DeFiChain users may utilise decentralised Bitcoin, decentralised Ethereum, decentralised USDC, and decentralised USD to generate stock tokens and use decentralised USD as collateral. Houbi Receives Provisional Approval From Dubai Virtual Assets Regulatory Authority In a recent decision, the Dubai Virtual Assets Regulatory Authority gave Huobi conditional authorisation to sell virtual asset exchange goods and services to accredited investors and licenced financial intermediaries. The cryptocurrency exchange, meanwhile, has issued a saying it would focus on “professional investors.” Spot trading and OTC services will be available to a restricted fraction of pre-qualified investors and professional financial service providers. Huobi also speculated that the regional headquarters for the exchange might be set up in Dubai if the interim licence was granted. statement Final Thoughts on DeFiChain “DFI” Listing Expansion of Houbi into the Middle East market and listing of DeFiChain native tokens on Houbi is a positive sign for the crypto industry as it indicates a rise in the listing and trading of tokens in secondary markets. Don’t forget to share and like the story! Image credits: , and Edi Kurniawan. Shubham Dhage Mohammad Rahmani

DeFiChain Token DFI Lists on Houbi Digital Exchange to Tap the ASEAN and Middle East Market 

10 Affordable NFT Projects You Should Know About In 2022

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BITPANDA

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