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Coinstore: Pioneering Growth with Futures Trading and Project Incubation at the Forefront

Team Bitcoin Daily

Published

6 days ago

on

Coinstore, a rising star in the global cryptocurrency space, has unveiled its latest innovations and strategies during its recent conference at Token2049. Known for its rapid growth and strong emphasis on providing a user-friendly trading platform, Coinstore is now gearing up for the next big step: expanding into futures trading and reinforcing its project incubation capabilities.

A Global Leader in Project Incubation

From its inception, Coinstore has prioritized project incubation, recognizing its crucial role in fostering the next generation of blockchain technologies. With a dedicated team and a focus on quality, Coinstore has built extensive resources to support the incubation and long-term success of high-potential projects.

To date, Coinstore’s Launchpad has become its most popular product, trusted by a growing user base. By selecting high-quality projects through expert market analysis, Coinstore not only creates value for its platform but also contributes to the broader blockchain ecosystem. Additionally, Coinstore’s Web3 Wallet plays a vital role in expanding the infrastructure for project business development and ecosystem growth.

Collaborating with industry venture capitalists and institutions, Coinstore ensures a steady pipeline of high-quality assets. This approach allows the platform to secure stable project resources and provides mutual growth opportunities for all stakeholders.

Futures Trading: The Next Frontier

In 2024, Coinstore will embark on a strategic expansion into futures trading, further diversifying its offerings. Understanding the vital role that futures play in the trading ecosystem, Coinstore is committed to delivering a stable, secure, and fast platform for futures traders.

“Our futures products are built with a user-centric approach,” said James Toh, Global Business Development Director at Coinstore. “We have prioritized the liquidity of futures contracts, and by partnering with top market makers, we ensure deep liquidity, reduced spreads, and high-speed execution. Our goal is to make Coinstore the go-to platform for futures trading by offering an accessible and smooth trading experience.”

With features such as full-margin and isolated-margin modes, users can customize their futures trading experience based on their needs and preferences. The platform also offers leverage ranging from 1x to 100x, catering to traders of all experience levels—whether they’re looking for high-risk, high-reward strategies or low-leverage options to start small.

To further enhance the user experience, Coinstore will provide educational materials and tutorials, including “What is Perpetual Contracts” and in-depth guides on futures trading strategies. Additionally, a series of Twitter reward campaigns, futures trading competitions, and a 10U futures experience fund will allow new users to engage with futures trading seamlessly.

Global Expansion and Local Market Engagement

Coinstore’s services now cover 175 countries and regions, with Indonesia, India, and Nigeria as its largest user bases. The platform aims to surpass 10 million users by 2025, expanding its reach to emerging markets. The company is closely watching the African market as part of its ongoing efforts to introduce more users to the advantages of cryptocurrency, particularly those without traditional banking access.

Coinstore’s global presence is strengthened by its BD teams in 15 countries, ensuring local expertise and support for its growing user base. The platform has also expanded its event outreach, hosting frequent global offline events in key blockchain cities to boost brand visibility and share insights on trending industry topics.

Coinstore Labs: Driving Innovation through Hackathons

Coinstore’s dedication to innovation is further reinforced by the launch of Coinstore Labs, which will host hackathons to attract high-quality developers to its ecosystem. These hackathons will provide valuable opportunities for developers to contribute to the development of public chains while gaining exposure and investment opportunities. This initiative underlines Coinstore’s commitment to pushing the boundaries of blockchain technology and supporting the next generation of industry talent.

Looking Forward: A Vision for Sustainable Growth

As Coinstore continues to evolve, the company is firmly committed to its long-term vision of building a comprehensive and user-friendly digital asset exchange. The conference at Token2049 marks the beginning of a new chapter for Coinstore, with a diversified strategic expansion underway that includes not only spot trading but also futures and derivative products.

In the coming months, Coinstore will introduce more product iterations and continue to share its successes with users, paving the way for future growth. As the platform celebrates its third anniversary, users can expect even more innovative products and services that cater to their trading needs, all while maintaining Coinstore’s core principles of accessibility, user-first design, and quality project incubation.

Conclusion: The Future of Trading with Coinstore

With its strategic focus on futures trading, project incubation, and global expansion, Coinstore is positioning itself as a key player in the cryptocurrency space. By offering a seamless and efficient trading experience alongside a solid incubation platform for emerging projects, Coinstore continues to demonstrate its commitment to long-term success and sustainable growth.

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The Bitcoin Daily is one of the most reliable and leading portal about Technology News, Latest Updates, Financial News, Business and any all subjects related to technology and blockchain.

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Press Release

Celebrating Our 6th Anniversary: XT.COM’s Journey of Innovation and Growth

Crypto Chain Wire

Published

9 hours ago

on

October 1, 2024

By

XT.COM is celebrating its 6th anniversary with a series of exciting events. Throughout October, under the theme “Celebrating Our Journey Together,” participants can win from a $1 million prize pool, including the iPhone 16 Pro Max, USDT rewards, XT merchandise, and exclusive futures bonuses. As the Gateway to Asset and Highway to Wealth, XT.COM continues to empower its users and create new growth opportunities.

A Month of Celebrations and Rewards

During this celebratory period, XT has planned a series of events designed to engage both new and experienced traders. Trading competitions, lucky draws, AMAs and exclusive events offer everyone a chance to be part of the celebration. This anniversary isn’t just a reflection of XT’s growth—it’s a moment to give back to the loyal community that has supported the platform along the way.

WEB3 Asia Neon Night 2024: A Celebration to Remember

On September 18, XT kicked off its celebrations with Web3 Asia Neon Night 2024, held during Token 2049 in Singapore. The event brought together XT’s community, project teams, investors, and key opinion leaders (KOLs) for an unforgettable evening filled with food, drinks, and live music, celebrating the platform’s achievements and bright future in the blockchain space.

Looking Back at XT.COM’s Growth

2024 has been a remarkable year for XT, now ranked 24th in spot and 7th in derivatives on CoinMarketCap. Over the past years, the exchange has introduced over 800 tokens and 1,000+ trading pairs, featuring a diverse range of assets, including large market cap coins, DeFi tokens, NFTs, and meme coins through its Main Zone and Innovation Zone. To meet the increasing global demand for crypto, XT has expanded into strategic regions like Southeast Asia, Europe, and the Americas, establishing a presence in countries such as the UAE, Singapore, Türkiye, Malaysia, Vietnam, and Nigeria. Moving forward, we are committed to further expanding into key global markets.

2024 marked a significant milestone for XT,,as the platform achieved six years without any security incidents. This achievement has bolstered the platform’s credibility,  fostering trust among users worldwide and attracting an even larger global audience.

Enhanced User Experience and Product Expansion

As part of its continuous commitment to enhancing user experience, XT offers a wide range of diverse products designed to meet the needs of both new and experienced traders. Users can seamlessly engage in currency transactions, OTC trading, Futures, Margin trading, and even purchase assets using credit cards. To further cater to the growing demand in the crypto space, the platform also supports various investment options like Staking, Saving, and Mining, ensuring all types of crypto investors are well-served.

XT.COM’s futures trading service stands out with its intuitive and user-friendly interface, providing advanced tools like real-time market data, sophisticated charting, and various order types, allowing both beginners and seasoned traders to efficiently implement their strategies.

With XT Earn, users have access to a variety of financial products, including Savings, Staking, and Cloud Mining, providing flexible investment options for both conservative and risk-seeking investors. Whether you’re looking for stable returns or higher yield opportunities, XT Earn has a solution that fits your investment profile.

XT.COM continues to prioritize user experience, offering a comprehensive suite of services and tools to empower crypto investors in their journey.

CEO’s Message on XT.COM’s 6th Anniversary

Albin Warin, CEO of XT.COM, shared his thoughts on the platform’s growth:
“As we celebrate our 6th anniversary, we owe our success to our global community. Our journey has been one of innovation, security, and dedication to providing the best trading experience possible. We’re looking forward to pushing the boundaries further in the years to come.”

Looking Ahead

As XT.COM continues to evolve and expand its offerings, the platform remains committed to maintaining its place at the forefront of the global crypto market. For more information about XT.COM’s exclusive 6th-anniversary activities, visit the 6th-anniversary homepage on XT.COM or follow the hashtag #XT6th on Instagram, Twitter, and other social media networks.

About XT

Founded in 2018, XT serves more than 7.8M registered users, over 1M monthly active users, 40+ million users in the ecosystem, and more than 800 tokens with 1000+ trading pairs. XT crypto exchange offers a rich variety of trading categories to provide a secure, trusted, and intuitive trading experience for its large user base. This includes crypto futures trading (USDT-M Futures and coin-M futures perpetual contracts) and copy trading that allows users to replicate top traders in real time with just one click. Additionally, the futures grid allows users to automate the buying and selling of futures contracts for profits.

Website: xt.com
X: twitter.com/XTexchange
Telegram: t.me/XTsupport_EN

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Press Release

Big Red Racing Stable Acquires First Elite Asset: Beechers Brook A, A Royally Bred Champion, Under the Guidance of Travis Alexander

Crypto Chain Wire

Published

10 hours ago

on

October 1, 2024

By

Big Red Racing Stable proudly announces the acquisition of its first major real-world asset in the harness racing industry: *Beechers Brook A*. This significant addition to the Big Red ecosystem marks a pivotal step in Big Red’s evolution, as the project transitions into a fully real-world asset (RWA) ecosystem powered by blockchain technology.

This acquisition, in partnership with renowned harness racing trainer Travis Alexander, is a monumental moment for Big Red, signifying the start of its journey toward building an empire in horse racing on Web3. With over 1,000 career wins and $19 million in earnings, Alexander will oversee the training and racing of *Beechers Brook A*, a horse with elite bloodlines and a strong track record.

About Beechers Brook A: A Champion by Bloodline

*Beechers Brook A* boasts an extraordinary pedigree, making him a prime addition to the Big Red Racing Stable. His father, *SomeBeachSomeWhere*, is a legend in the industry, earning nearly $4 million after just one race season and continuing to leave a lasting legacy through his successful offspring. On the maternal side, *Beechers Brook A* is the progeny of *Cyclone Betty*, whose offspring have collectively earned over $1 million on the track.

This well-bred racehorse is expected to be a consistent performer, with Alexander set to train and race him in the coming weeks. *Beechers Brook A* was immediately transported to Alexander’s farm following the acquisition, where preparations for his racing debut under the Big Red Racing Stable are already underway.

$TD Token and Monthly Buyback & Burn Mechanism: Boosting Token Value

In addition to its pioneering efforts in horse racing, Big Red is introducing a unique financial model that ties the success of the racing stables directly to the value of the $TD token. Fifteen percent (15%) of the monthly profits generated by the Big Red Racing Stable will be allocated to a *buyback and burn mechanism* for the $TD token. This means that every month, profits from the stables will be used to purchase $TD tokens from the open market, which will then be burned, reducing the overall supply of the token.

This deflationary approach directly benefits $TD holders, as each buyback increases demand for the token, while the burning process permanently decreases supply. As the stables continue to earn profits, this cycle will strengthen the value of $TD, creating a sustainable and consistent upward pressure on its price. The $TD token, therefore, becomes more valuable as the stables expand and earn greater revenues, directly aligning the success of the horse racing operations with the token’s performance.

Expansion of the Big Red Racing Stable

Big Red’s strategic plan includes significant stable expansion to further strengthen the ecosystem. Out of a total of 300 NFTs released to fund the acquisition of *Beechers Brook A*, the Big Red treasury has purchased 100 NFTs. The proceeds and rewards from these NFTs will be reinvested into the expansion of the stable, allowing Big Red to acquire additional racehorses. This commitment to growing the racing division ensures a steady influx of real-world profits, which not only benefits the stable’s operations but also enhances the overall value of the Big Red ecosystem.

As Big Red Racing Stable continues to acquire and race elite horses, the project will thrive in unprecedented ways within the Web3 space. The combination of a profitable real-world racing stable, a deflationary token model, and innovative NFT-backed ownership offers a fresh perspective on how Web3 projects can integrate RWAs to deliver passive income and long-term value to their community.

Big Red Racing NFTs: Exclusive Opportunity for Passive Income

Big Red Racing NFTs, a limited edition of only 300, represent a rare opportunity for investors and Web3 enthusiasts to own a piece of the harness racing industry through blockchain technology. Of the total supply, only 200 NFTs are available to the public, as 100 have been purchased by Big Red’s treasury to support the expansion of the stable. Initially priced at $600 each upon release, these NFTs sold out instantly, demonstrating high demand and excitement among the community.

While the current resale value of these NFTs has significantly increased, no NFT holder has chosen to sell, recognizing the potential for life-changing passive income as the Big Red ecosystem continues to grow. These NFTs offer a unique chance to earn substantial rewards tied to the success of the racing stable, making them not just digital collectibles but a valuable investment opportunity.

In an exciting collaboration, Big Red is proud to reveal that the artwork for these limited-edition NFTs is being crafted by none other than legendary comic book artist Mike Miller. Known for his exceptional work with Marvel Comics and DC Comics, including *Injustice: Gods Among Us*, Miller brings his renowned artistic talent to the world of Web3. The stunning artwork he has designed for the Big Red Racing NFTs captures the essence of both the power and grace of horse racing, making each NFT not only a financial asset but also a work of art.

A Game-Changing Moment for Big Red

The acquisition of *Beechers Brook A* marks a transformative moment for Big Red as it enters the harness racing industry. By blending traditional horse racing with blockchain technology, Big Red is set to establish itself as a first mover in this space. This move further solidifies the project’s position as a pioneering force on the Avalanche blockchain ($AVAX), where it will continue to build partnerships and open new doors with the support of the Avalanche Foundation.

“We’re thrilled to welcome *Beechers Brook A* to our racing stable and to see the ways this addition will benefit our entire ecosystem,” said Naim S., CEO of Big Red. “This is the first of many racehorses that will drive real-world success, providing our community with passive income and increasing the value of the $TD token. The future is incredibly bright for Big Red, and we’re just getting started.”

As Big Red grows into one of the largest and most innovative projects on $AVAX, the team looks forward to breaking new ground, expanding its stable, and setting new standards in the intersection of real-world assets and Web3.

About Big Red

Big Red is a leading Web3 project that bridges real-world assets and blockchain technology, providing unique opportunities for users to earn passive income. With a focus on harness racing, Big Red Racing Stable allows NFT holders to participate in the industry’s profits through fractional ownership of racehorses, supported by Avalanche’s secure and efficient blockchain.

Twitter: https://twitter.com/BigRed_TD

Telegram: https://t.me/thebigredtd

Racing Stable: http://www.bigredracingstable.com/

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Press Release

VOOX Revolutionizes Crypto Trading with Advanced AI-Powered Platform

Team Bitcoin Daily

Published

7 days ago

on

September 25, 2024

By

VOOX, the cutting-edge AI-driven cryptocurrency exchange, has made a significant impact in the blockchain industry with its recent launch. Leveraging advanced artificial intelligence (AI) technology, VOOX delivers predictive analytics, automated trading, and personalized insights that empower traders to make informed decisions. This innovative approach has already caught the attention of investors and crypto enthusiasts alike, setting VOOX apart as the next major player in the crypto exchange landscape.

Main Takeaways:

  • AI-Powered Trading: VOOX’s advanced AI integration helps users make better trading decisions through predictive analytics and real-time automation.
  • Voice-Activated Trading: Investors and users eagerly await VOOX’s upcoming voice-activated trading feature, set to revolutionize user interaction in the crypto trading space.
  • Industry Veteran Leadership: The VOOX team consists of experts from top global exchanges, including Binance, OKX, MEXC, HTX, ByBit, and Deribit, fueling rapid platform growth and innovation.
  • Active Industry Participation: VOOX made a strong impact at Token 2049 and other key events such as Web 3 Water Bomb Night, Venture Horizon, and 13 Desk Meet-Up, where the team connected with industry leaders and venture capitalists.

VOOX’s AI Integration Revolutionizes Crypto Trading

VOOX is leading the charge in transforming crypto trading with its artificial intelligence integration. By utilizing sophisticated AI tools, VOOX offers users real-time predictive analytics, automated trading, and personalized strategies tailored to individual needs. Whether you’re a beginner or an experienced trader, VOOX’s technology optimizes the trading experience, empowering users to make smarter and faster decisions.

Excitement Grows for Voice-Activated Trading

One of the most anticipated features is VOOX’s upcoming voice-activated trading. This groundbreaking technology will allow users to execute trades via simple voice commands, making the platform more intuitive and accessible. This AI-powered interaction promises to enhance the user experience, driving significant interest from both investors and traders who see this as a leap forward in seamless trading solutions.

Expert Leadership from Industry Veterans

VOOX’s success is powered by a team of industry veterans from leading cryptocurrency exchanges, including Binance, OKX, MEXC, HTX, ByBit, and Deribit. Their combined expertise has been instrumental in shaping the platform’s security, efficiency, and cutting-edge features. The team’s in-depth knowledge of crypto markets, trading infrastructures, and compliance standards has positioned VOOX at the forefront of innovation, ensuring it meets and exceeds industry expectations.

“Our team’s experience with top global exchanges has been crucial in building VOOX, a platform that’s both user-friendly and revolutionary,” said Owen, Co-Founder of VOOX. “With AI at the heart of our operations, we are confident VOOX will redefine the future of crypto trading.”

VOOX’s Active Presence at Major Blockchain Events

VOOX has been actively engaging with the industry through events like Token 2049, where the team connected with prominent figures in the global crypto community. Additionally, VOOX participated in side events, including Web 3 Water Bomb Night, Venture Horizon – Investing Goes Parabolic, and 13 Desk: Singapore Meet-Up Edition, where the platform garnered significant interest from investors and venture capitalists. Notably, the presentation at Venture Horizon drew attention from numerous VCs, many of whom expressed a strong desire to explore investment opportunities with VOOX.

About VOOX

VOOX is a pioneering AI-powered cryptocurrency exchange designed to revolutionize trading through its unique combination of predictive analytics, automated trading, and voice-activated interaction. Backed by a team of industry experts from leading global exchanges, VOOX is committed to delivering cutting-edge solutions that empower traders worldwide. The platform is built with a focus on security, efficiency, and AI-driven insights, ensuring a seamless and innovative trading experience for all users.

For more information, visit www.voox.com.

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