SWAP
What to do with uncommitted part of the capital in USDT or BTCHello everyone,
We often experience situations when we have to hold spot positions for a long time or just hold cryptocurrency in Stable Coins.
At the moment, the cryptocurrency market infrastructure has grown, and traders now have a huge choice of tools for passive income. We have tried different services, exchanges for trading accounts, and staking during the last 6 months. So we decided to share the best decisions in terms of safety and profitability.
Important! Never keep your capital in one place. No one is protected from hacking or the disappearance of an "exchange. It is best to keep some part of your capital in a cold wallet and use the remaining part on several exchange platforms.
Binance Swap.
For BTC, in our opinion, the ideal product is the Binance Swap. (www.binance.com).
You temporarily give part of your BTC to provide liquidity in the BTCWBTC pair. The average rate is 3-5%, sometimes it increases to 7% per annum. Binance also shares with you a part of the commission from deals.
You can also place there your Stable Coins. For example, BUSDT/USDT, USDT/DAI, and others. All rates are different, but on average, it is from 4 to maybe 12% annually.
Okex / Huobi lending
On these two exchanges, you can lend your USDT for a fixed time and interest. On average, it is 7-10% per year.
The other instruments that we tested were either extremely insecure or had too low a return rate.
XMR/BTC Atomic Swaps a major bullish technical developmentXMR can now be traded directly to Bitcoin without an intermediary exchange on their native Blockchains using a technology called an Atomic Swap. This differs greatly from other so called swap platforms that only allow internal trading between ERC20 tokens, the major difference being that the XMR/BTC swaps are trading actual coins with their own blockchains not wrapped coins or some other semantics. This has a few major implications for the future price of XMR we will explore in this analysis.
1. XMR/BTC Swaps are being added to both XMR Wallets such as Monerujo as well as popular Bitcoin wallets such as Samurai wallet. Greatly expanding the exposure of Monero to many BTC users who will be learning about its competitive features for the first time so we should expect some uptake of Monero from simple exposure as well as the low cost and ease diversifying some BTC to XMR. Many users find getting Monero more difficult than other tokens because exchanges like Coinbase do not list it even though they would like to have exposure.
2. This technology increases the regulatory resilience of privacy tokens because now anyone with XMR can get BTC and vice versa easily so banning privacy coins has no effect unless you ban all coins which can be traded for privacy coins through atomic swaps. Regulators have to balance the need to trace all transactions with protecting users against having their information exposed to bad actors and front runners. Monero has the ability to be semi transparent so users can pay taxes audit balances without giving everyone access to the sensitive user information. Monero will provide users the important protections they deserve and push regulators to take a balanced measured approach.
3. Monero fees are significantly lower than Bitcoins fees which means in any situation where both BTC and XMR are accepted users would be inclined to use the XMR to save the large fee. XMR is the only POW coins with such low fees and no ico, dev tax, pre mine, masternode, presale where in Monero everyone mines equally ( a key to bitcoins success and the thermodynamic underpinnings of the economic system ) which will in turn incentivize users to pay with Monero not Bitcoin.
4. It is cheaper for users to HODL Monero and convert it to Bitcoin where necessary than to HODL Bitcoin and convert it to Monero when necessary. Imagine Bob wants to buy steam cards and the site accepts both BTC and Monero. Bob realizes that when he pays with BTC his transaction fee is almost $20 and that when he pays with XMR his transaction fee is more like $0.2 but another site that Bob uses frequently accepts just Bitcoin. Bob realizes that if he keeps his money in Bitcoin it will cost him a high transaction fee every time he wants to convert it to Monero so he would never save anything by using Monero to buy his Steam cards because hed have to create Bitcoin transactions which defeats the point because now your paying $20 to convert the BTC into XMR and again to send the XMR to the merchant. By contrast if he keeps his money in Monero he will save where Monero is accepted and it will cost him just $0.2 to convert his Monero into Bitcoin when he needs or wants to.
5. Tari is a platform for issuing tokens ( like erc20) as an XMR sidechain. The atomic swaps will allow for easy conversion between Monero, Tari based tokens and Bitcoin without an intermediary. Most token platforms will be inclined to convert their platform over to Tari from ETH or Binance because its far more decentralized, easy to convert to both BTC and Monero, the tokens can be private or transparent and the transaction fees are much lower than ETH gas.
This also applies to Monero based alt coins such as WoWnero which can adopt the swap technology as well. ( If you use alts look for ones with no dev tax, presale, ico, POS, premine but rather a coin which everyone even the creators mine equally )
SWAP - easy 100% profit.Swap / USD has been bouncing in this support/resistance channel since Feb 16.
Good opportunity to enter a long position.
I've set my take profit orders at 3.10$ and 4.60$. Stop loss at 1.96$
Troy swap & airdrop! DeFi aggregator going strong. ($TROY)DeFi play TROY is a Smart Hybrid Asset Management System offering yield farming, fixed savings, a liquidity aggregator (for Binance, Huobi, OKex, Uniswap, Curve, Balancer), provider of arbitrage opportunities, etc.
It's happening. Huge swing underway for the next leg up.
Financial disclaimer in signature. DYOR.
Good luck.
Trustswap $SWAP close up mid term targetFundamental reasons:
1. Avalanche network partnership with Trustswap as trusted benchmark crypto incubator on their network. Launching by April 25.
2. last week, Coinmarketcap approach Trustswap to add as a 1# lauchpad category and their launchpad list.
3. They have just spent ton of money for popular crypto youtuber to covering Trustswap in the next 2-4weeks. A lot of coverage on youtube channel. DYOR on their youtube AMA session.
4 by this April, There are 3 farming pools, 2 more flashlauch & 2 more lauchpad. more farming pool=more SWAP will be out from circulation=see what happen to pancakeswap.
5. according to their medium article, "Mint/smartlauch" will be the first easiest smartcontract tooling to create cryptocurrency/token that is fully audited, fully secure anti rug pull, fully transparent tokenomic, easy to use, fully customizable features aka use cases, no coding knowledge required, but $SWAP is absolutely required. well, let we see by April 29
!! That is my personal hope & observation nor financial advice. I am not self-claimed pro/wizard TA analysist lol.
just documenting my own reasons of my investment & trading.
FLMBUSD 4H Rebound - LongThis was a private idea of mine from some days ago that I wasn't confident enough to post yet.
I looked at it today and the idea was quite close to what the current state of FLM is right now so here it is!
FLMBUSD currently consolidating after a push towards 1.25.
It is slowly declining towards 0.80. I'm feeling that it will rebound soon, reaching its previous ATH.
FLM is an interesting coin and can be seen as a solid investment long term.
It won't be the ultimate project in your portfolio, but can be an easy x2 on the long term. At the moment it is fairly undervalued and the project is
still developing a lot. Da Hongfei, the founder of NEO, is personally involved in the project and FLM is the main DeFi solution on the NEO blockchain.
Looking at similar projects we have:
ETH - UNISWAP (7% of market cap of ethereum)
BNB - PANCAKESWAP (4% of market cap of BNB)
NEO - FLM (2.8% of market cap of NEO)
QTUM - QISWAP
Let me know in the comments what you guys think! Am I right or wrong? Either is fine so I can re-evaluate my long position :)
AirswapAirswap is online with Metamask. Volum grow up of day in day.
So my trade aim 1200/1300 sat = 0.6$
Take profit and buybacj 0.5/0.618 fibo
TRUSTSWAP Swap could be my best crypto launchpad token ?Reason: Interesting updates/target before april
1. BinanceSmartChain integration on staking,, soon will having new liquidity from BSC DeX or binance exchange? btw also being multi chain with Avalanche & Algorand.
2. Launchpad Farming Pools product, do you familiar with pancakeswap?, it will help remove $SWAP from the circulating supply, increasing its scarcity.
3. CreamFinance lending&borrowing $SWAP live. it will help remove $SWAP from the circulating supply, increasing its scarcity.
In General:
Trustswap is a launchpad IDO platform that can give a guarantee allocation with certain amount of $SWAP stake, IMO the most secure & fair IDO system compared to Duckdao polkastater etc. DeFi multiple product on its platform & multiple profitable use cases $SWAP token not just for getting IDO allocation. Good scarce tokenomic (100million supply with 80% already in circulation also 50million locked in staking). Their incoming flagship product is called "Mint". DYOR.
!! That is my personal hope & observation nor financial advice. I am not self-claimed pro/wizard TA analysist lol.
just documenting my own reasons of my investment & trading.
DEXMEX hit a bottomDEXMEX, a decentralised exchange based on Uniswap.
It offers a peer to peer leverage trading on any coin you want.
DEXM holders will be able to put up new pairs of their choise to bolster more interesting trades on the platform.
Their product got released at the beginning of this week and trading is now live.
The DEXMEX token itself is used to gain fee's that are generated on the platform, one can stake his tokens to earn a piece of those fee's, rewarded in ETH!!
I believe this coin has a lot of potential, once the trading picks up in volume we could see stakers earn great rewards in ETH!
What (shit)coin would you list?
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DEXM website: dexmex.info
DEXM swap: dexmexswap.com
Kyber Network *** Kyber Network is a very old project based on ETH network and with the recent growing interest in DeFi, they also transformed as a DeFi project.
This is one of the very first project from 2017/18 along side with projects like Komodo Plattform where you could swap your tokens.
Which we are doing now a days with UniSwap and other dozens of swap project.
Comparing to those projects Kyber Network is very low in price at the monet and could show good growth in coming years with the rising interest in Bitcoin and other digital assets.
*** This is just for educational purpose. Not an investment advice. I am just sharing my own analysis.
Thanks for watching.
Follow if you like.
Two-level head and shoulders indicates strongly bullish signalI remain bullish on RUNE (THORChain) both fundamentally and technically.
Look at that nice two-story head and shoulders on $RUNEBTC.
Assuming that BTC holds around 50k per coin, the upcoming THORChain movement may result in 20-40$ per 1 Rune in this summer or even late spring.
In general, RUNE is extremely technical in terms of price movements and reactions.
It is a pleasure to watch her follow all trend lines and levels.
Pancake Swap TrendThe last month has been quite a ride for the easily accessible swaping and staking platform "PancakeSwap". Here we can see in a 4 day cycle they have had a steady increase of 78% up to a maximun 123%. Since the platform hasnt reach its full potential and if it keeps following this trend. It will pass by uniswap in the following month to come. Give it atleast 3 more cycles and we could see the price increase anywhere from $10 to $25. Since the platform burns excess coins by lotery and has an easy to understand platform. They also have pools with 100%+ APY with extremely low fees that help increase value.
If your new to the crypto world, do not jump quickly into a swap. First dip your toes with simple exchanges and once you feel you have a firm understanding, concentrate your attention to platforms like PancakeSwap. BINANCE:CAKEBUSD