Blockchain
Firstrade lists AVAX, SUSHI, and MANA to Crypto Offering
New York, New York–(Newsfile Corp. – July 6, 2022) – Online trading and investment brokerage firm Firstrade Securities recently launched its cryptocurrency trading platform. Trading of over three dozen different cryptocurrencies can now be executed on Firstrade. Crypto is an additional option for Firstrade customers, on the mobile trading interface which already includes traditional investment selections like stocks, options and mutual funds.
Firstrade lists AVAX, SUSHI and MANA to crypto platform
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Many popular coins and tokens appear on the list of cryptocurrencies which the online & mobile investment platform announced as part of its initial listings. A few of those popular cryptocurrencies listed on Firstrade to buy and sell include $AVAX, $SUSHI and $MANA.
Firstrade Offering Cryptocurrencies Within Top 100 By Marketcap
$AVAX is a cryptocurrency which works within the Avalanche decentralized blockchain network. It is an independent blockchain network which works in compatibility with EVM (Ethereum Virtual Machine), and is therefore often compared to the functions of the Ethereum network. Firstrade customers are now able to buy and sell $AVAX within Individual Brokerage Accounts, with buying power from as little as $1.
$SUSHI is a cryptocurrency which works in accordance with the SushiSwap protocol. SushiSwap is one of the most popular decentralized exchanges on the Ethereum network of which $SUSHI is the native token. Firstrade users can buy the $SUSHI token using existing buying power, or after using a variety of deposit methods.
$MANA is the cryptocurrency used to power and transact within the increasingly popular metaverse iteration – Decentraland. Players on one of the most highly trafficked metaverse worlds to date use $MANA to buy and trade virtual land and other ingame items.
Ahead Of The Pack?
Firstrade has seemingly moved first with the launch of crypto coins on the platform. Having initially been one of the first to $0 commission for its equities business, the platform has now reached another notable milestone for its customers.
$AVAX, $SUSHI and $MANA, along with more than 3 dozen other cryptocurrencies are available to Firstrade customers for live trading today. More crypto coins are scheduled to be listed over time, with further listing announcements to be made via the online platform, and the mobile app – available on iOS and Android.
Contact Info:
Liam Quinlan-Stamp
[email protected]
Cryptocurrency trading is provided by Apex Crypto LLC. Apex Crypto is not a registered broker-dealer or a member of SIPC or FINRA. Cryptocurrencies are not securities and are not FDIC or SIPC insured. Apex Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Firstrade Crypto LLC. Please ensure that you fully understand the risks involved before trading: apexcrypto.com/legal
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/130149
Blockchain
39% of Canada’s institutional investors have exposure to crypto: KPMG
According to a report from CoinTelegraph, nearly forty percent of institutional investors in Canada have exposure to cryptocurrency, as revealed by KPMG. This finding underscores the growing acceptance and adoption of digital assets among institutional investors in the country.
The report indicates that a significant portion of institutional investors in Canada are actively investing in or exploring opportunities in the cryptocurrency market. This trend reflects a shift in sentiment towards digital assets, with more investors recognizing the potential for long-term growth and diversification offered by cryptocurrencies.
KPMG’s findings highlight the increasing mainstream acceptance of cryptocurrencies among traditional investors, as well as the growing interest in blockchain technology and its potential applications across various industries. As institutional investors continue to enter the cryptocurrency market, they are expected to bring additional capital and liquidity, further fueling the growth and maturation of the digital asset ecosystem.
Overall, KPMG’s report signals a significant milestone in the adoption of cryptocurrencies in Canada, indicating that institutional investors are increasingly recognizing the value proposition of digital assets and integrating them into their investment portfolios. This trend is likely to accelerate the broader adoption and mainstream acceptance of cryptocurrencies in the country and beyond.
Source: cointelegraph.com
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Blockchain
BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests
The BounceBit (BB) Megadrop is now open for participation, as announced by Blockchain.News. This event presents an exciting opportunity for users to earn BB tokens by engaging in various activities, including subscribing to BNB locked products and completing Web3 quests.
Participants can join the BB Megadrop by subscribing to BNB locked products or completing Web3 quests, both of which offer different avenues for earning BB tokens. By participating in these activities, users have the chance to accumulate BB tokens and potentially benefit from the rewards associated with the Megadrop.
Subscribing to BNB locked products allows users to earn BB tokens by locking their BNB assets for a specified period. This not only provides users with an opportunity to earn rewards but also contributes to the liquidity and stability of the BounceBit ecosystem.
Additionally, completing Web3 quests offers users an alternative way to earn BB tokens by engaging in various tasks and challenges related to Web3 technology. These quests provide users with a fun and interactive way to learn about blockchain and cryptocurrency while earning rewards in the form of BB tokens.
Overall, the BB Megadrop presents an exciting opportunity for users to participate in the BounceBit ecosystem and earn rewards by engaging in activities that contribute to the growth and development of the platform. As the Megadrop progresses, participants can look forward to additional opportunities to earn BB tokens and potentially benefit from the rewards associated with this event.
Source: blockchain.news
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Blockchain
Cronos collaborates with KYVE to revolutionize Blockchain Data
Cronos, a prominent blockchain platform, has announced a collaboration with KYVE aimed at revolutionizing blockchain data, as reported by CryptoNewsZ. This partnership represents a significant step forward in enhancing the efficiency and scalability of blockchain data storage and retrieval.
The collaboration between Cronos and KYVE seeks to leverage KYVE’s decentralized data storage and retrieval solution to enhance the capabilities of the Cronos blockchain platform. By integrating KYVE’s technology, Cronos aims to address the challenges associated with storing and accessing large volumes of data on the blockchain, such as scalability and cost-effectiveness.
KYVE’s decentralized data storage solution utilizes a network of distributed nodes to store and retrieve data, ensuring high availability and reliability. This approach not only improves the efficiency of data storage and retrieval but also enhances the security and resilience of the blockchain network.
The partnership between Cronos and KYVE is expected to unlock new possibilities for decentralized applications (dApps) and smart contracts built on the Cronos platform. By providing a more efficient and scalable solution for blockchain data management, Cronos aims to attract developers and enterprises seeking to leverage blockchain technology for a wide range of applications.
Overall, the collaboration between Cronos and KYVE represents a significant development in the blockchain industry, highlighting the importance of innovation and collaboration in driving the evolution of decentralized technologies. As the partnership progresses, it is poised to deliver transformative benefits for blockchain data management and accelerate the adoption of decentralized applications and services.
Source: cryptonewsz.com
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