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Decentralized

$MASK/USDT 4h (Binance Futures)Falling broadening wedge breakoutMask Network has regained 200MA support and is looking good for a bounce after that pull back! More information about this decentralized portal also working on BSC and Polygon Ecosystem on mask.io Current Price= 10.3914 Buy Entry = 10.4861 - 10.1051 Take Profit= 11.5529 | 12.9695 | 15.0620 Stop Loss= 9.2858 Risk/Reward= 1:1.25 | 1:2.65| 1:4.72 Expected Profit= +24.42% | +51.94% | +92.60% Possible Loss= -19.62% Fib. Retracement= 0.702 | 0.883 | 1.117 Margin Leverage= 2x Estimated Gain-time= 2 weeks
Long
by TradingOn
ADAUSDT 1DHi Everyone (Happy fourth anniversary of the founding of Cardano) (Congratulations to the holders of ADA) The bears seem to be trying their fourth Market sentiment and market factors are uncertain Price Action ADA can go up to $ 1.893 This time, the base of the triangle is ready to break, and with continued pressure from the bears, the possibility of lowering the price below it is not far off Breaking this resistance is bad news for cows because they have defended this level several times In the absence of cows in the market, bears can lower the price to the level of $ 1.677 during this downtrend, which is an important level for save profit and the downtrend is expected to stop here If the cows are able to overcome the bear kingdom, the price is first expected to move to $ 2.345 After that, ADA is on his way to his final target of $ 2.741 have good deals
by shayanfb
3
Difference between Centralized and Decentralized crypto-exchangeIf you find the analysis useful, please like and share our ideas with the community. Any feedback and suggestions would help in further improving the analysis! One of the USPs of Blockchain technology is ' Decentralization .' It means that no single entity or organization has the power to influence or control the network. Decentralization is rapidly picking pace, with several apps being built on this exact premise. These decentralized apps or ‘ DApps ’ are being built on existing blockchain networks, such as Ethereum, Solana, Polkadot, and so on. With the exponentially rising demand for cryptocurrencies, it was only a matter of time for the crypto exchanges to come sprawling up. Cryptocurrency exchanges can be broadly classified into centralized and decentralized exchanges. What is a centralized exchange? The way a centralized exchange operates can be considered similar to a bank. Depositing cryptos onto a centralized exchange such as Binance essentially means transferring it to a wallet held by the exchange. When we deposit fiat currency such as the US dollar or any other currency to buy crypto, that crypto is also held in the exchange’s centralized wallet. What is a decentralized exchange? With decentralization picking up, the cryptocurrency exchanges want to get into the decentralization space too. These decentralized exchanges are also known as DEX. Currently, there exist more than 35 DEXs globally. One of the most popular ones is Uniswap, which appears to have recently gotten into trouble with the SEC. Other players include Kyber, Bancor, etc. Traders simply swap tokens with each other, and there’s no middlemen involved here. Key points of contention between centralized and decentralized exchanges: Fees: In the case of centralized exchanges, there is a fixed fee which is usually a percentage of the transaction amount. In decentralized exchanges, it works out to be gas fees, which can sometimes vary. Ownership of your crypto holdings: Crypto wallets have two keys, public and private keys. Public keys are shared with anyone who wants to send you cryptocurrency, while a private key is what you use to access your own wallet. Centralized crypto exchanges don't give their users the private key. It essentially means that the holdings are not actually owned by the users, but by the exchanges. In some decentralized exchanges, the entire process of buying and selling is performed ‘on the chain.’ The holdings are with the user and not held by any central agency. However, keeping the holdings on the exchange can lead to a faster execution since the user does not need to provide access. But this can be the reason for the crypto theft as well! Case in point: In 2018, $713 million was stolen with most of them coming from the Coincheck exchange hack. In a Decentralised Exchange, users are generally free from these risks! Privacy: A decentralized exchange script usually does not have a central authority involved. Therefore, no requirement will be imposed on them. One can sign in and start trading without any identity verification. Additionally, Anonymity allows the user to access the tools which are not available otherwise. Centralized exchanges require the users to perform a KYC to trade cryptos. It is not the case with decentralized exchanges. It means that the user would not need to hand over the documents to any single entity. Liquidity: Barring the large centralized exchanges, several others suffer from a lack of liquidity. It is a major concern that ultimately leads to the downfall of the exchanges. The larger exchanges such as Binance, Coinbase, etc. have high liquidity. Decentralized exchanges usually follow a different method of price discovery and don't suffer from problems of illiquidity. Some decentralized exchanges also have Automated Market Makers (AMM). AMMs look to solve the liquidity problem without depending on large traders using smart contracts — self-executing computer programs that ensure liquidity on the exchange. The AMM algorithms have pre-defined requirements for an entity or individual to become a liquidity provider. Anyone who meets these criteria can become part of the liquidity pool, and hence maintain continuous trading. Do give a follow if you liked the content. Keep supporting:) -Mudrex
Editors' picks
COINBASE:BTCUSDEducation
by Mudrex
42
Presearch Hidden GemThis is MAJOR for me! I wish I would have put more than 200 in, but there is still SO much room for growth. I am posting this in the Crypto Chat Channel because this is not a Trading Idea, It is also not in the Gains Channel because i'm more worried about getting the word out about this SUPER low cap cryptocurrency and not too worried about showing gains at the moment. This is the definition of a Hidden Gem and I actually heard about it from a formal interview request with Colin Pape close to 9 months ago. With a Bachelors's Degree from the Forbes School of Business and Technology in The Arts of Entrepreneurship, I was able to use some of my school's resources and recommendations to speak with Colin. After hearing the ins and outs about Presearch, I knew it was going to be my #1 super low M.C Altcoin purchases. If you are interested in what Presearch is doing and their White Paper / Road Map, there will be links posted below.
Long
by PlanDeFi
Raydium decentralized exchange Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX). Unlike any other AMMs, Raydium provides on-chain liquidity to a central limit orderbook meaning that funds deposited into Raydium are converted into limit orders which sit on Serum’s orderbooks. This gives Raydium LPs access to all of Serum’s order flow as well as their existing liquidity. RAY is the native utility token used for: - Staking to earn protocol fees - Staking to receive IDO allocations - Governance votes on protocol decisions if you liked Solana u will like Raydium also. Can Stake also RAY for 29% APR. Dyor it more. ------------------------------------------------------------- Trading Parts : - Nothing to buy now, wait. - This trade is a bit sophisticated, so you need to manage amount of money you invest. - Money management is the Key of succes. - Wait for a strong break and buy RAY after it pass 10.5$ - Wait for a dip and buy RAY around 5.5$ - Keep some cash in case of TheKing dip or trap and buy at Bottom around 2.5$-3$. - TP1 : 14.9$ (Security TP) - TP2 : 23.9$ ------------------------------------------------------------- Happy Tr4Ding !
FTX:RAYUSDLong
by thecryer
8
Internet Computer (ICP) Have We Finally found the Bottom?Internet Computers chart is looking very very juicy from a technical standpoint. A front page cryptocurrency in the top 11, has Coinbase listing, has over a $10 Billion market, was recently dumped, and now going sideways. These kinds of chart setups don't come too often, usually after a cryptocurrency is released, pumped, dumped, then flatlined. It' seems like ICP is holding a sturdy support of $100+ in this Elon Musk engineered bear trend. When Bitcoin temporarily traded at a low of $29,000 from the flash crash; Internet Computer (ICP) did hit an all time low of $89 but it was quickly bought up. But can we go lower? Yes depending on how Bitcoin feels, but so far on Bitcoins worse day ICP traded at an all time low of $89. I do believe ICP will get picked up from these prices in this overall bull market. Like I said I'm keeping a heavy eye on this project and this chart. Cheers! Much peace, love, health, and wealth.
COINBASE:ICPUSDLong
by peacefuljustin
8