Blockchain Press Releases
OANDA Prop Trader Enables Crypto Payments and Launches $10,000 Giveaway Sweepstakes
OANDA Prop Trader enables crypto payments, giving customers the option to pay for Challenges using cryptocurrencies, and launches $10,000 Giveaway Sweepstakes
VALLETTA, Malta, July 16, 2024 /PRNewswire/ — OANDA announced today that it has introduced cryptocurrencies* as a payment method in its prop trading business, OANDA Prop Trader, giving customers globally the option to pay for trading Challenges using cryptocurrencies via the program’s user portal.
OANDA Prop Trader is a program that enables self-directed traders to become signal providers, on a profit-sharing basis, to the firm’s proprietary trading business. To qualify for the program, participants need to purchase and complete a Challenge. Through the Challenge, potential signal providers demonstrate their ability to generate profits and manage risk. With a variety of payment methods, participants can now purchase a Challenge with cryptocurrencies* and start assessing their trading skills immediately.
Lucian Lauerman, Head of Digital Assets and Deputy COO at OANDA, commented, “We’re pleased to announce that we’re adding crypto as a payment method in response to rising global demand. A large number of “tech-driven consumers” in the countries serviced by OANDA Prop Trader are embracing cryptocurrencies, so this is opening new doors for those traders who want to maximise the digital economy as a gateway into prop trading.”
$10,000 Giveaway Sweepstakes Opens More Possibilities For Aspiring Prop Traders
But that’s not all. OANDA Prop Trader is also launching an exciting $10,000 Giveaway Sweepstakes, open to aspiring traders residing in all the countries where OANDA Prop Trader is made available.
Entrants can participate in the Sweepstakes by registering for an OANDA Prop Trader account to get a chance to win a $100 voucher to purchase a Challenge. Each registration earns one entry into the drawing, and one hundred winners will be randomly selected to share a total prize pool of $10,000.
“At OANDA Prop Trader, we value our customers and are committed to rewarding their journey toward becoming successful traders. The $10,000 Giveaway Sweepstakes represents a fun and affordable route for many aspiring traders to get a chance to test their skills in a prop trading environment,” said Crystal Lok, Head of Emerging Markets at OANDA.
For more information, visit the OANDA Prop Trader website at https://proptrader.oanda.com/en/
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*Payments are accepted in both stablecoins and popular cryptos: BTC , AAVE , ADA, BCH , BNB, , BSV, DOGE, DOT, ETH, LINK, LTC, MATIC, NANO, QTUM, SHIB, SOL, TRX, TUSD, USDC, USDT20, USDTTRC20. |
About OANDA
Founded in 1996, OANDA is one of the world’s leading online trading groups, offering multi-asset trading, currency data, and analytics to retail and corporate clients around the globe.
From its roots providing free exchange rate data on the internet to launching a forex trading platform that helped pioneer web-based currency trading, OANDA remains dedicated to building smarter trading experiences.
With regulated entities in many of the world’s most active financial markets, including New York, Toronto, London, Warsaw, Singapore, Tokyo and Sydney, OANDA enables retail clients to trade in a variety of asset classes on an award-winning trading platform. Depending on geographical location, these may include derivatives of global market indices, equities, commodities, treasuries, precious metals, forex, and cryptocurrencies.
For more information visit https://www.oanda.com/group/ or follow OANDA on LinkedIn.
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Blockchain Press Releases
Bybit Card Partners with Entravel to Bring Discounted Luxury Travel to Its Users
DUBAI, UAE, Jan. 14, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to announce its partnership with Entravel, the leading crypto-native hotel booking platform, to provide users with exclusive access to discounted luxury travel.
As part of this collaboration, all Bybit users can enjoy a free membership to Entravel, unlocking extraordinary perks, including heavily discounted hotel rates and seamless booking with digital assets. Bybit Card holders gain even more, with up to an additional 6% discount via cashback on luxury hotel bookings.
This initiative is a significant step in Bybit’s mission to integrate crypto usage into everyday life, making it easier than ever for users to trade, invest, and now, travel seamlessly with their digital assets.
“Live the Crypto Life. With Bybit Card. Bybit Card continues to broaden the use cases for borderless crypto spending,” said Joan Han, Sales & Marketing Director at Bybit. “We are thrilled to partner with Entravel, simplifying crypto solutions for our users’ travel needs while enriching their experiences with unique benefits. Together, we aim to make Bybit the go-to platform for investing, trading, and enjoying life.”
Luxury Travel with a Crypto Twist
Entravel’s platform offers more than one million hotels globally, including leading luxury brands, with discounts of up to 60%–70% compared to traditional travel websites. Entravel’s innovative crypto-native, members-only program enables these unmatched savings by sourcing exclusive hotel rates through direct partnerships.
Bybit users can effortlessly pay with their Bybit Card, accessing the same ease and convenience as any mainstream travel platform. This partnership empowers users to enjoy their digital assets while creating memorable travel experiences.
Don’t Miss Out – Claim Your Free Membership Today
The collaboration between Bybit and Entravel is designed to bring unprecedented value to Bybit’s community of over 60 million users worldwide (excluding the EU). Free memberships are now available, but spots are limited.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
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View original content:https://www.prnewswire.co.uk/news-releases/bybit-card-partners-with-entravel-to-bring-discounted-luxury-travel-to-its-users-302350433.html
Blockchain
MiCA Starts Now: What Crypto Businesses Need to Know. Kyrrex and Simplify Labs announce a new webinar for crypto businesses
With the Markets in Crypto-Assets (MiCA) regulation now live, the European crypto landscape is undergoing significant changes. Businesses across the crypto ecosystem must adapt quickly to remain compliant and competitive. To address this crucial transition, join two leading industry experts for an in-depth webinar designed to decode MiCA and provide actionable insights for crypto businesses.
The webinar will take place online on January 28, 2025, at 5:00 PM Central European Time and requires prior registration.
This webinar will feature Kevin Plumpton, CEO of Kyrrex, and Vadim Rozov, CEO of Simplify Labs, who will share their expertise on MiCA compliance strategies, sublicensing opportunities, and the regulation’s broader implications for innovation and competition in the European crypto market.
Agenda Highlights:
Understanding MiCA: Key objectives, compliance requirements, and impact on the crypto industry.
MiCA-Ready Solutions: How Simplify Labs helps businesses stay compliant
Case Study: Kyrrex’s journey to MiCA compliance and opportunities for sublicensing.
Fireside Chat: Exploring MiCA’s impact on innovation and competition.
Q&A Session: Open discussion with the audience.
“MiCA is not just another regulatory hurdle; it’s a framework that will shape the future of the European crypto industry. Our goal is to help businesses turn compliance into a competitive advantage through innovative solutions.”, commented Vadim Rozov, CEO at Simplify Labs.
“MiCA is a turning point for the crypto industry in Europe. It sets the stage for greater transparency and trust, but navigating these regulations can be complex. This webinar is an opportunity to learn from our experience and prepare for what’s next.”, added Kevin Plumpton, CEO at Kyrrex.
This 60-minute session will provide crypto businesses — exchanges, wallet providers, fintech startups, and others — with the tools they need to thrive in this new era of regulation.
The post MiCA Starts Now: What Crypto Businesses Need to Know. Kyrrex and Simplify Labs announce a new webinar for crypto businesses appeared first on News, Events, Advertising Options.
We live interesting times:
- Where block chain technology tries to overtake real fiat economy;
- Where banks diversify their portfolio including cryptocurrencies and tokens;
- Where average people like you and me are starting to invest their hard-earned cash into crypto to save their money from inflation and a much-expected dream to get rich or at least earn more from crypto than simple bank deposits have to offer on short or long term.
However, what about BITCOIN? Why do some people, including myself think that although Bitcoin has an enormous price and popularity, and most of the time is regarded as digital gold, it could be basically worthless?
Yes, worthless!
At this point you will think: “this guy is crazy…! Bitcoin has the biggest market cap, it is the father of block chain technology, it is the best of the best of the best…and on top of that …IT IS THE FIRST OF IT`S KIND!”
Yes, everybody wants to own Bitcoin, and most of the time, anybody can buy a fraction of it, it does not matter how much….you or me or anybody can buy it. Therefore, we do. Big companies, investment funds, banks, countries and so on, do it as well.
And here lies the core of the Bitcoin`s problem.
There are altogether 21 million Bitcoin, 95% of which is already in circulation. No problems there. Many people hold different amounts of bitcoins, on exchanges, in private wallets, you name it and no problem there either.
Then why do I think Bitcoin will be worthless?
Well let me detail it to you.
Bitcoin price is dependent of demand and supply, which is the basic economic tendency for the last few hundred years, which is fine, the problem will be you and me.
Surprised?
Don`t be.
Why?
Let`s see why!
Since big companies are staking Bitcoin like there will be no tomorrow, hence driving the price even higher than it is today, less and less coins will be available for You and me.
You`ll probably say at this point….”Ahhh….c`mon….there is plenty out there, people always sell and buy, there is no way this will happen…”
When institutions are buying into something, they want monopoly on that asset to control supply, hence control price actions and profit from it, that is a normal thing, and everybody who is sane and has a little financial education, would do the same.
Now imagine, coin by coin, fraction by fraction, all the 21 million bitcoins ends up in institutions, in different forms, coins, ETF`s, securities or other financial assets, which are sold to the general public, of course with the promise of a good yearly return.
You`d still say at this point….”…This is a worthless article, this guy is crazy…”
Well I`d say, you are probably right, but since I wouldn’t buy Bitcoin at 500k USD, or 1 mil USD, so does other few million or maybe billion people on this planet, and because of crypto volatility I wouldn`t buy ETF`s or other financial products that have crypto in their package….well you`ll get the idea.
Now imagine all the owners holding altogether 21 million Bitcoins, which no one wants…well, you do the math how fast will the price of bitcoin crash and what will be the consequence of that crash, if not even the institutions that hold crypto will want to buy it from each other for the market price.
Reigniting Bitcoin interest will have to be done (and I presume that was exactly Satoshi`s purpose for creating bitcoin, start from 0 reach max value, reset, then start again), but usually anyone sane who get burned from the stove will not touch it again, so times will be hard on bitcoin.
At this point, You`ll say….”…Hmm…well…ahhh…maybe…. can this happen anytime soon? Or can it happen at all?”
The crypto world is dependent of you and me. Period! Without us, there is no crypto market.
Well dynasties, civilizations had fallen in time because of one thing and one thing only…..greed….
At this point…hmm. Is it even possible?
It is possible, because holding something that you cannot benefit of, and I mean you only benefit from Bitcoin if you sell it for cash, is “pure madness”.
Therefore, even if the crypto hype has kicked in, and everybody suddenly has become an “investor”, without a proper financial education, being inert to the risks taken by wondering in the forest of the crypto world, nothing is impossible at this point. In addition, at one given time, everyone will sell their fraction of bitcoin, which guess what; institutions will have the money to buy, regardless of the current market price…
Briefly, Bitcoin has no real world use, it is where it is, because it is the first of its kind, people still have the FOMO feeling towards it, but when this feeling is met with reason because it’s astronomic price, you and me will not be interested anymore… and the roller-coaster starts.
Well enjoy the ride…
This is not a financial advice; it`s based on many hours wondering in the crypto news labyrinth and reading other predictions, opinions and cautious messages, and is the opinion of the author. Crypto market is very volatile; therefore take cautious actions if you want to invest in it. Before investing, make your own research or seek financial advice.
The post When Bitcoin will be worthless! appeared first on News, Events, Advertising Options.
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