What is cryptocurrency trading?
Cryptocurrency trading is the act of speculating on cryptocurrency price movements via a CFD trading account, or buying and selling the underlying coins via an exchange.
How do cryptocurrency markets work?
Cryptocurrency markets are decentralised, which means they are not issued or backed by a central authority such as a government. Instead, they run across a network of computers. However, cryptocurrencies can be bought and sold via exchanges and stored in ‘wallets’.
Unlike traditional currencies, cryptocurrencies exist only as a shared digital record of ownership, stored on a blockchain. When a user wants to send cryptocurrency units to another user, they send it to that user’s digital wallet. The transaction isn’t considered final until it has been verified and added to the blockchain through a process called mining. This is also how new cryptocurrency tokens are usually created.
Here are important things you should consider to choose a crypto exchange.
- KYC/AML → Some exchanges require KYC and AML to withdraw funds and to increase certain withdrawal limits, users are required to provide a copy of their photo and identity.
- Reputation →The reputation of the exchange is very important because many exchanges are involved in crime, hacking and fraud. In addition, the exchange is often the target of hackers for theft.
- Security → Every exchange has various security to protect its users, such as 2FA, authentication email/phone number.
- Fees → The fees for withdrawals vary by platform and are usually based on the percentage of each trade. It is important to know how much is the fee charged for each transaction so that your budget stays appropriate.
What is Injective Protocol?
Injective Protocol is an end-to-end decentralized protocol allowing decentralized perpetual swaps, futures, margin and spot trading. We have built every component of our protocol to be fully trustless, censorship-resistant, publicly verifiable, and front-running resistant.
The protocol itself is principally comprised of the Injective Chain, the Injective Exchange, and the Injective Futures platform.
Why do you have to choose us?
Injective Chain
Currently, Injective Chain powers our layer-2 derivatives platform, serves as a decentralized Trade Execution Coordinator (TEC), and hosts a decentralized open order book. The chain itself is built on top of Tendermint and allows for transferring and trading Ethereum-based assets on the Injective Chain. In the future, Injective will be integrated with Cosmos IBC, bringing advanced inter-chain decentralized finance capabilities.Injective Exchange
Unlike traditional exchanges which serve as the gatekeepers of the crypto industry, Injective makes exchange a decentralized public utility. What truly differentiates Injective is that we decentralize and open source every component of decentralized exchange. Everything — from the front-end exchange interface, back-end infrastructure, smart contracts, to order book liquidity — is provided openly and for free. This turns the traditional business model of exchange on its head, as we eliminate the technical barrier of entry for one to permissionless run a highly performant exchange.Injective Futures
The Injective Futures protocol is a decentralized peer-to-peer futures protocol which currently supports decentralized perpetual swaps, contracts for difference (CFDs), and many other derivatives! Our protocol allows individuals to create and trade on arbitrary derivative markets with just a price feed.
What are we most excited about?
With the launch of our mainnet in the third quarter of 2020, we are excited to release the world’s first end-to-end fully decentralized exchange protocol tackling the huge global derivatives market. Our beta testnet along with tutorials for developers to try out will be released soon!
And currently, It is happening an attractive Bounty program:
- INJECTIVE PROTOCOL is holding a 6-week Official Bounty Program from 6/20/2020 to 7/31/2020.
- To participate in any bounty campaigns you must join the Official Injective Protocol Telegram group.
- To join the bounty program, please visit our Krypital Bounty Telegram Group. Make sure you register in the google forms before you start to work.
- To participate in the bounty program, you must be at least 18 years old.
- Rewards for each campaign have a max individual cap, no extra rewards will be processed beyonds the cap.
- We will check, review, and filter all registered information daily before each weekly review. Only one account will be allowed for each social media link, and any duplicates will be removed. For invalid links, we will make daily markups to the public Bounty Release Form. Please correct invalid link information and register again.
- You can request a review to check your weekly stake if you think it is wrong within 7 days after each week release. We will not make any adjustments after deadline.
- If you are disqualified for any reason, you will NOT receive any bounty rewards.
- The bounty team reserves the rights to make any changes to the rules or terms of conditions, if deemed necessary.
- For technical support during the bounty campaign, please contact Krypital Bounty Telegram Group.
- The bounty rewards will be basically calculated every 2 weeks. Thus, there will be 3 periods of the bounty program in 6 weeks.
- The distribution week will be the week after group review (After the Check-response process is done). For the distribution date details, please see the detailed rules of each campaign.
- We estimate a 10,000 bonus for each period (every 2 weeks) initially.
- In each period(every 2 weeks), if we get 200 new registrations we will award 20% of the period pool; if we get 400 registrations, we will award 50% of the period pool; if we get 1,000 registrations, we will award 100% of the period pool; if we get 2,000 registrations, we will award 100% of the period pool.
Website: https://injectiveprotocol.com/
Whitepaper: https://docsend.com/view/zdj4n2d
Twitter: https://twitter.com/@InjectiveLabs
Telegram: https://t.me/joininjective
Reddit: https://www.reddit.com/r/injective/
Medium: https://medium.com/@injectiveprotocol
ANN: https://bitcointalk.org/index.php?topic=5256555
Bounty: https://bitcointalk.org/index.php?topic=5256993.0
Username: tomjeri21
Link profile: https://bitcointalk.org/index.php?action=profile;u=2376443