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Recently, Blum Crypto, a brand-new decentralised exchange (DEX), received a sizable investment from Binance's venture capital division, Binance Labs. Allow us to explain: Blum Crypto unifies decentralised and centralised token marketplaces onto one platform, simplifying the process of trading cryptocurrencies. With more than 60 million users and 20 million wallets, Blum has already established itself as a significant player. This investment will assist to further accelerate its growth rate.
Blum is a hybrid cryptocurrency exchange that offers consumers an easy-to-use and all-inclusive trading experience by fusing decentralised and centralised exchange systems. It is appropriate for both novice and seasoned traders, and it is accessible through mobile apps and Telegram mini apps.
Recently, Blum Crypto took to X to dispel rumours that September 20 will not see a Blum Airdrop, Blum Listing, or Token Generation Event (TGE). The main source of this uncertainty is conjecture over the platform's in-game money, Blum Points (BPs).
With more than 60 million users, 6 million YouTube subscribers, and 20 million wallets, Blum has grown quickly. Its notoriety has been further enhanced by being chosen as the best project in BNB Chain's Most Valuable Builder (MVB) Season 7.
With its significant investment in Blum Crypto, Binance is preparing to launch a new cryptocurrency exchange and hopes to capitalise on Blum Crypto's well-known brand to draw in new consumers. The team is dedicated to sharing details regarding the Blum Airdrop, Listing Date, and TGE event delays, though. The crypto business may enter a new age as a result of this investment.
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