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      "parent_permlink": "binance",
      "author": "gideonpaul",
      "permlink": "binance-crypto-exchange-recovery-plan-and-additional-measures-to-prevent-future-exploits",
      "title": "Binance crypto exchange recovery plan and additional measures to prevent future exploits",
      "body": "![Binance crypto exchange recovery plan and additional measures to prevent future exploits.jpg](https://cdn.steemitimages.com/DQmVmCbTmKoav7Mk3WgxwPQ2mDBzv9ZDRQKmjH9WjJtxDMD/Binance%20crypto%20exchange%20recovery%20plan%20and%20additional%20measures%20to%20prevent%20future%20exploits.jpg)\n\nAt the current moment, many people are familiar with the cryptocurrency industry. It is vital to stay up to date with the cryptocurrency exchange's activity since it is the most popular issue among business owners and established corporations.\n\nThis blog discusses Binance, one of the well-known exchange networks, and its run-ins with disaster.\n\nBNB chain, the native blockchain of the Binance crypto exchange, is on stream and running from oct. 7 as per the update from the network. Briefly, the network was interrupted after the rumors of a cross-chain deed.\n\nThe blockchain said that validators are checking their status and also, updating community infrastructure.\n\nA few hours earlier to resolve the network suspension, the BNB chain updated the community on Twitter that the validators and node runners are working to stop hackers' accounts and update the versions.\n\nThe beginning estimates of negotiating funds were $100 million worth of cryptocurrency. But, after several hours, the network declared the present estimates of exploited funds, around $ 70–80 million. \n\nAccording to an official post on Reddit, The genesis of the compromise occur on the BSC Token Hub, which created “ extra BNB”. \n\nChangpeng Zhao, the founder and CEO of Binance, too tweeted that to compensate for the issues, validators were asked to chancel BSC temporarily.\n\nZhao also assured the security of the suspended funds of users. \n\nOn Twitter, internet personal detectives eagerly investigated the problem and the stolen money; some of them estimated that the hacker had almost $400 million in frozen assets on the BNB Chain network. \n\nTether also posted that it boycotted the hacker’s wallet address. \n\nA few weeks BNB chain placed a community-powered security effort to protect users on its network, This hack appeared. The AvengerDAO serves to fight against scams, malicious actors, and potential deeds.\n\nSince exploitation on the platform, more security and privacy have been implemented by the network to avoid any scams. \n\nLet's examine the issues on the network's return to greater security and safety.\n\nBNB Chain has launched AvengerDAO. It is a new community-driven security initiative to help users against swindling.\n\nThe security-centric Decentralized autonomous organization(DOA) has been created in connection with leading security organizations and popular crypto projects such as Certik, TrustWallet, PancakeSwap, and Opera. \n\nThe AvengerDAO security consists of three major components a passive API system called Meter, a subscription-based alert system called Watch, and a programmable fund management system called Vault. \n\nAvengerDAO plus an additional layer of security in the time that users on the BNB chain interact with any applications or counterparties. In the case of a security vulnerability, the Meter API system fetches security ratings on smart contracts, domains, and addresses and alerts users. \n\nThe watch system warns users about ongoing acts while the Vault performs as an escrow in which the funds only come out once certain pre-set conditions are met. \n\nGwendolyn Regina, investment director at BNB chain, defined that the community will be responsible for security decisions in an exclusive conversation with Cointelegraph.\n\nTo find out what kinds of widespread security vulnerabilities exist, she said the community would perform a survey of the current security auditing service providers. She included:\n\n\"We think that when additional professional security audit firms join the DAO as members, we will collectively get a deeper understanding of the security landscape, and work on enhancing it.\"\n\nAt the beginning of September, a few of the AvengerDAO members, notably the security decentralised application (DApp) Hashdit, announced an integration with PancakeSwap that would enable its users to retrieve the hedging rakings of the smart contracts in the case of interaction.\nOver the past few months, BNB Chain has introduced several initiatives with a focus on user security. Before the release of AvengerDAO, the BNB Chain unveiled Dappbay, which had a cutting-edge function dubbed Red Alarm. Real-time project risk levels are estimated by this operation, which also warns users about potentially dangerous DApps.\n\nThe DappBay Red Alarm function quickly detected more than 50 on-chain projects that constituted a serious risk to users within a month of its activation. 3,300 contracts were examined by the security feature in July alone.\n\nWhereas Red Alarm was just implied to flag vulnerable smart contracts and projects that have financial risk, AvengerDAO intends to become a multidimensional security initiative with a focus on noticing real-time vulnerabilities and exploits. \n\nUsually there will be attack in Cryptocurrency exchanges,as they are holding their traders cryptos on their hot wallets and as well as cold wallets. While developing a cryptocurrency exchanges there must be robust security protocols for sage guarding the hot wallet assets. Blockchain architect must be very careful in developing a trading platforms. [Cryptocurrency exchange development](https://www.cryptocurrencyscript.com/cryptocurrency-exchange-development?utm_source=guestblog&utm_medium=steemit&utm_campaign=gideonpaul) team must be proficient in creating a well secured trading platform that are sturdy enough in handing the hacking attacks.\n\n\nConclusion: \n\nWe have described the issue that Cryptocurrency Exchange Binance is experiencing. The hackers' actions forced the network to implement new security measures to prevent swindling. Their quick response increased audience trust, and they improved platform optimization over time.",
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      "parent_permlink": "locbitcoinsclonescript",
      "author": "gideonpaul",
      "permlink": "start-a-profitable-crypto-exchange-business-in-2022-with-localbitcoins-clone",
      "title": "Start A Profitable Crypto Exchange Business in 2022 With LocalBitcoins Clone",
      "body": "![cryptocurrency-1631433601.jpg](https://cdn.steemitimages.com/DQmS3RMnWp6AvnxWPTMnTdjXHxc3e4AjJzX4CSE2qS2d2tm/cryptocurrency-1631433601.jpg)\nCryptocurrencies gaining huge traction and icon for earning. Investments in cryptocurrency exchange platforms have gone high in recent years. Money lending via cryptocurrency exchange platforms is a familiar activity. \n\nAccording to the PwC analysis report, the revenue value of Peer-to-Peer(P2P) lending will grow by 150 bn USD in 2025. Many people wish to launch their own P2P exchange platforms and contribute their shares to an ever-increasing market. \n\nAmong many P2P crypto exchange platforms available, LocalBitcoins is a familiar platform that allows the users to sell or buy bitcoins in any payment mode such as bank cards to money in a SIM card. \n\nDeveloping your own cryptocurrency exchange like LocalBitcoins is a trendy activity and this blog turns your crypto exchange business journey into a smooth one with essential things. On reading this blog, you will step into the crypto market in a hassle-free manner. \n\nYes. This blog starts with how LocalBitcoins is the leading cryptocurrency exchange platform, the reasons behind the development of websites like LocalBitcoins, and the features that turn you into a competing player in the crypto market. Let’s move on to the blog without any delay. \n\n**LocalBitcoins-Leading Cryptocurrency Exchange Platform**\n\nIn the crypto market, those who wish to launch the crypto exchange platform look for the best cryptocurrency exchange clone script. Hope you are one of the group. Among many clone scripts available in the market like Binance, LocalBitcoins, CoinBase, Remitano, Paxful, etc, LocalBitcoin is the finest model to exchange cryptocurrencies irrespective of the payment modes. \n\nFor users who wish to trade bitcoins on any digital currencies, Local Bitcoins is the highly preferable platform with the following metrics.\n\nA user-friendly interface where includes easy operational interfaces that attract many users. \nA best-fit platform that allows ads-based and peer-to-peer trading.\nThis P2P exchange supports all types of crypto assets for buying bitcoins like Ethereum, Cardano, Dash, and any other. \n\nDue to the above metrics, LocalBitcoins is the familiar one. Due to this, people now look for the opt LocalBitcoins clone script to launch the crypto exchange platform. Since this is a readymade platform, this perfectly fits all trading functions, plugins, and works the same as LocalBitcoins. \n\nAre you planning to develop the a-grade P2P exchange platform at a low cost?. Then, the LocalBitcoins clone is the viable option. \n\nStill, you are not convincing, you can move to the next section where the basic reasons to create a website like LocalBitcoins are highlighted. \n\n**Why Develop A Website Like LocalBitcoins?**\n\nThe main objective of people is to launch the P2P exchange platform in less time, probably around 10 days. Custom LocalBitcoins clone is the best option. LocalBitcoins is the pre-developed white label software where this allows the crypto entrepreneurs to launch the crypto exchange business in less time period. \n\nCustomization plays a vital role where the customer needs and the technical platforms are perfectly mapped together. Buyers and sellers of bitcoins are accurately connected for the uninterruptible trades. LocalBitcoins is the opt platform where this uses the user’s location information to enable the connection with nearby buyers or sellers quickly. \n\nSuppose your customers wish to trade Bitcoins, they immediately look for the sellers who are located nearby. LocalBitcoins is meant for following operational modes.\n\nFast transaction\nhigh- Security\nLiquidity pool\n\nSimply looking, the sellers host the Ads for selling or buying Bitcoins in any form. Else, they can utilize the hosted Ads to promote their platform. They also highlight the condition in the ads, host the reply in the chatbox to establish the conversation among traders easily. The main reasons to develop a website like the LocalBitcoins are as follows:\n\n**Quick Launch to Market**\n\nGoing for a ready-made platform rather than scratch basis allows the people to spend a little time or effort to launch their own platform. Also, the customization in readymade platforms is also easy. With this feasibility, a quick launch of the crypto exchange business can easily happen. \n\n**Economically Fit Solution**\n\nAs the LocalBitcoins clone is developed from the existing website, the technicalities behind the building of the platform are less that reduces the cost value. For those who wish to launch the crypto exchange business in a low-cost model, the LocalBitcoins clone is the perfect choice for them. \n\n**Online Presence**\n\nSince the crypto market is flooded with many crypto exchange platforms, attaining a pace in a short period is a critical one for you. To overcome this issue, startup owners prefer the LocalBitcoins clone.\n\nBecause, the features related to the market changes are included means, the LocalBitcoins clone is the best one. Without modifying the entire code, you can customize it quickly. This is helpful for the crypto exchange owners to stay in the market for the long term. Further, developing LocalBitcoins clone yields the numerous benefits as follows:\n\nHolds multiple trading options either for beginners or experienced ones\nEnable the traders to perform the transactions in a fast mode\nCompletely open-source code where access and customization are easy. \nSince this supports multiple payment gateways, people from all over the world access the platform and does the trading across global boundaries.\nStunning interfaces attract a huge number of traders to trade easily\nFit to handle cryptocurrencies beyond 200\nIntegrated with security/scalable and robust feature-set. \nSince this is a customized one, the modification and the changes as per the business requirements are easy. \n\nI think you are convincing here!. Launching the LocalBitcoins clone this year will make you a profitable owner in the coming years. But, the only thing you must focus on is the features and how the LocalBitcoins clone is helpful for monetizing it perfectly. \n\n**Features That Make You Competing Player in Crypto Market**\n\nPrior to moving into features, being aware of the workflow of the LocalBitcoins clone is essential. Also, how the traders access the platform also helps to identify the workflow perfectly. \n\n**Accessing Ways**\n\nInitially, the traders sign up on LocalBitcoins by their credentials and complete the KYC formalities. \nOnce the account is completed, the crypto wallet for them is automatically created. This wallet is used to store Bitcoins and buy them from others.\nLocalBitcoins support the selling and buying processes in an instant manner\nFor cryptocurrency exchange mode, buyers look at the trade history of the seller so as to prove the authenticity of the seller. \n\nThe authenticity verification highly depends on the trading volumes as below:\n\nTier-0- 0 to 1000 Euros/Year(First name, last name, email, phone number, Email verification)\nTier-1-1000 to 20000 Euros(Full name, Email, Phone number, Address identity in Form 1)\nTier-2- 20000 to 200,000 Euros((Full name, Email, Phone number, Address identity in Form 2)\nTier 3- Unlimited(Full name, Email, Phone number, Address identity in Form 3, Viability Check)\n\nTo filter out the fraudulent and the dishonest parties, assurance of reputation is necessary. The terms and conditions declaration allows trading without any disputes. This also demands security features that allow the traders to buy and sell Bitcoins confidently. Offering multiple layers of security allows monitoring and protecting transactions in a better way. The features that are helpful for security are as follows:\n\nEscrow services\nReputation/Ranking\nLogin safely and protection manner\nPrivacy\nPin verification\nTwo-factor authentication\nDispute or conflict resolution services.\n\nA time to look into the architecture and the workflows are now arriving. Let's take a look at those\n\n**Trading Engine** \n\nResponsible for the order book, match, and tools for exchange. This needs the following things for a successful trade.\n\n\t-Message exchanges\n\t-Payment gateway Integration\n\t-User Geolocation\n\n**User Interface**\n\nEye Catchy interfaces and the dashboards allow the users to do trade in a perfect way. The functions governing the trade in a successful way are \n\n\t-Account creation\n\t-Funds Deposit/Withdrawal\n\t-Request Posting\n\t-Cryptocurrency purchase history\n\t-Technical support\n\t- User transaction history\n\n**Cryptocurrency Wallet**\n\nOnce the registration is over, every user receives the cryptocurrency bitcoin wallet. This is the main feature and it provides the ability to use the smart contract. This supports cryptocurrency exchange on a website itself. This wallet is completely different from a traditional wallet. The ways to implement the wallet are as follows:\n\nWhen money is stored on the platform’s shared wallet, then this is used by centralized exchanges to scale up the liquidity.\nIf the money is stored in a separate wallet, then it doesn’t have access to it. \n\nHaving internal wallets, some of the P2P cryptocurrency exchanges are simplified platforms. The development and protection against the issues of hacking and money theft. This restricts earning commissions during the trade. \n\n**Admin Panel** \n\nMonitoring interface where it helps to track the process, analytics inside the app, and the consent to dispute. The functionalities attached to it are listed as follows\n\n\t-Tracking purchase and sell operations\n\t-Tools that support traders KYC verification\n\t-Profile information validation(name, email, phone numbers, transaction statistics)\n\t-Buy/Sell Information\n\t-Site statistics\n\t-Processing requests\n\nAdditionally, the functions to assure security are as follows\n\nLogin via authentication\nIP Validate\nRewards for identification of any vulnerabilities\n\nWith all the above essential functions or features, the LocalBitcoins clone script is waiting for you to make you be the crypto exchange platform owner in 2022. Hold on. Last but not least, the LocalBitcoins clone is also generated the revenue in following ways\n\n**Commission Fees**\n\nCharge the fee for the successful trading in the rates like 1, 5, and 200 Euro/year.\nPublication fee-Charged fee regardless of whether the transactions took place or not. \nAdvertisements-Allowing advertisements within the platforms. Allocating space on the screen for banners and contextual advertising generates revenue. \nWeb Mining-By using the computing resources, the effectiveness of the mining is low and the profit is large. \n\n**Summing Up**\n\nTo launch the crypto exchange business in a quick way, diverse [LocalBitcoins clone scripts](https://www.cryptocurrencyscript.com/localbitcoins-clone-script)are available. While booking the LocalBitcoins clone script, you should discuss the solution providers regarding the functionalities, monetizing ways listed in this blog. Holding these functions you can turn to be a profitable cryptocurrency exchange business owner in the coming years. Start now itself.",
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      "title": "The Aussies started adopting cryptocurrency investments",
      "body": "The Australians started adopting cryptocurrencies in their latest investments. As cryptocurrencies are broadly used among businesses and even for domestic purposes in various parts of the globe. additionally, to other parts of the globe, a good range of Australians started adopting cryptocurrencies.\n\nThe Independent Reserve’s Cryptocurrency Index(IRCI) has surveyed 2000 Australian women, 56.7% of them stated that they started adopting cryptocurrency investments in keeping with their friends and family opinions.\n\nAccording to the survey details shared with Cointelegraph, Women having cryptocurrency investments has doubled during this year compared to the last year. the feminine Bitcoin owners raised from 8.3% to 14.8% in line with the survey.\n\nWomen have entered the cryptocurrency market double the last year, crypto has become the mainstream investment among Australians, as shared by Karen Cohen, Deputy chairperson of the Board of Blockchain Australia.\n\nThe introduction of Metaverse and blockchain gaming is influencing the crypto market and it's becoming the mainstream investment among young investors.\nSource: Cointelegraph\n\n\n![Aussies investing in Crypto (1).jpg](https://cdn.steemitimages.com/DQmUoL6THtDoWF1H1ryywfjgET6izn2KDECvMxVMc38HFZ4/Aussies%20investing%20in%20Crypto%20(1).jpg)\n\n\nFrom the above-shared survey report, you'll be able to get a concept that more and more people started adopting cryptocurrency investment, and it's becoming mainstream among the younger generations. Starting a cryptocurrency exchange business would be a futuristic business plan in 2022. whereas Binance has started as a cryptocurrency exchange, and now it becomes the most important crypto exchange and become an ecosystem.\n\nIf you're in a plan of owning a cryptocurrency exchange business, so you'll be able to prove business solutions with a tailor-made [Binance clone script](https://www.cryptocurrencyscript.com/binance-clone) that helps in launching a cryptocurrency exchange website instantly!",
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      "memo": "Hi @gideonpaul. Would you like to earn solid (115k SP) upvote on your latest post from @project.hope? Check out our recent post for more details. And hopefully you will find this publication worth your time and attention. We're explaining our community economy \"business model\", hoping that more people will join our efforts in the future. // LINk: https://steemit.com/hive-175254/@project.hope/project-hope-economy-explained-2021"
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      "title": "Christmas with Crypto Gifts in 2021!",
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      "parent_permlink": "cryptocurrencyexchanges",
      "author": "gideonpaul",
      "permlink": "christmas-with-crypto-gifts-in-2021",
      "title": "Christmas with Crypto Gifts in 2021!",
      "body": "Cryptocurrency started influencing the world with its efficiency and trends among the people. More people are grasped by the crypto trends and crypto-based features like NFTs. Young people are passionate about acquiring cryptos and have come forward to invest in crypto-based products. \n\nNFT market value from April to October 2021 is exponentially increasing.\nNearly it was aggregated value of 64million U.S dollars. Crypto products are increasing at lightning speed, estimated at roughly 336.6 million U.S. dollars on October 15, 2021.\n\nAt starting of the 2021 march was $60,000, and $64000 in April 2021, and On November 5, 2021, bitcoin again reached an all-time high of $68,521.\n\nThe survey by crypto wallet and services provider Crypto.com surveyed 2,020 Australians aged 18-59. They were crypto traders since last year and planned crypto-centric gifts to their loved ones for Christmas. \nThe people in Australia started adopting cryptocurrency and blockchain technology. \n\nPeople are enthusiastic about adopting cryptocurrency, and more celebrities intended on digitalizing their currency. This would be the right time to start your crypto enterprise with a defined business solution.\n\nGet started with a tailor-made [cryptocurrency exchange script](https://www.cryptocurrencyscript.com/cryptocurrency-exchange-script) to start a crypto exchange.",
      "json_metadata": "{\"tags\":[\"cryptocurrencyexchanges\",\"cryptotrading\"],\"links\":[\"https://www.cryptocurrencyscript.com/cryptocurrency-exchange-script\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
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      "parent_permlink": "cryptocurrency",
      "author": "gideonpaul",
      "permlink": "the-rise-of-bitcoin-price",
      "title": "The Rise of Bitcoin Price",
      "body": "In the crypto realm, Bitcoin price is increasing tremendously with its demand. More people are eagerly investing in cryptocurrency due to its enormous growth in the past 10 years.   \n\nIn the early phase of Bitcoin and cryptocurrencies, people rarely invested. More business people started using cryptocurrency for their business payment that will help enhance their business beyond the location barriers. \n\nCryptocurrency is helping entrepreneurs and business people to enhance their business operations beyond geographical barriers. It helps a lot in payment options due to the digitalization of their assets as cryptocurrency. Moreover, it helps to eradicate the middleman/agent on the financial transactions of the users. \n\n**Bitcoin Price History**\n\nBitcoin Started with $1 in April 2011, \n$32 in June 2011 sudden drop due to its legalization and illegal access of bitcoin made it volatile for security attacks. Slightly increased from $4.80 in May to $13.20 by Aug. An increased to $220 by April 2013. \n\nThere were up and downs in the Bitcoin price in the early phase of Bitcoin.   Bitcoin was the first cryptocurrency in the crypto world. In 2017 due to the price bubble, it was moving into $1000 price and reached $20,089 in December 2017. \n\nThe Covid_19 Pandemic created a large economic crisis on the traditional financial system results in people opting towards cryptocurrency investments.  It was $7200 in 2020, on the price before the pandemic crisis.  After the Pandemic crisis, it has increased to $18,353 in November. \n\nThe Pandemic has messed up all the market values of the business shares, and normal government activities like printing currencies. \n\nIn March 2021 has reached up to $60,000 as an all-time high and declined price in summer with $32000. Bitcoin has reached a price value of $64000 in April 2021. It has to fluctuate with ups and downs in the price of Bitcoin. \n\nCurrently, Bitcoin started increasing in October 2021 reached up to $47, 000 from $33,000 in May 2021. \n\nThe Cryptocurrency Exchange business is advancing with the increasing demand for cryptocurrencies. Digitalizing all the transactions over the Blockchain in a secured way. The Cryptocurrency exchange like Binance is extending beyond the cryptocurrency exchange into the ecosystem. \n\n\nLet us look at the World largest cryptocurrency exchange Binance,\n\nBinance has started an academy for educating and helping the newbies in the trading platform. Binance has decided to help the charity trust during the pandemic crisis. Binance is has created a smart chain for executing their transaction. That helps to avoid the dependency on other Blockchain like Ethereum for validating the crypto transaction to be held on their platform. Binance has started a BinanceSmartChain a secure blockchain with lower gas fees comparing to the Ethereum Gas fee for executing the transactions.  Binance has its own cryptocurrency called BNB. It provides added offers for the trader using native cryptocurrency BNB.  Binance is further growing beyond its limit with the help of advanced technologies and people interested in investing in their cryptocurrency exchange. \n\nEntrepreneurs can start their dream of owing cryptocurrency exchange like Binance with a ready-to-market [Binance clone script](https://www.cryptocurrencyscript.com/binance-clone). Binance Clone script is a complete source code to launch cryptocurrency exchange that has similar features and functionalities to Binance.",
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      "parent_permlink": "nfts",
      "author": "gideonpaul",
      "permlink": "get-ready-to-tokenize-all-your-passionate-masterpieces",
      "title": "Get Ready to Tokenize All your Passionate Masterpieces",
      "body": "In the present scenario, NFT is one of the popular blockchain-based  Tokens in the crypto realm. NFT has bridged the gap between the on-chain and off-chain with this token basis. \n\nBefore moving into the marketplace, let us have a look at NFT.\n\nNFT is a Non-Fungible Token that has a unique value that is not fungible.\nNFTs are developing over Blockchain platforms, and Each NFT has meta content like ownership data.  \n\nNFT is aims to help the artist by owning a digital form of their masterpiece so that they can showcase over online platforms without depending on sponsors, museums, etc.  \n\nNFTs are developing for representing various fields of works like \nMusic\nArts\nGames\nFashion\nVirtual items\nReal-world assets\n\nNFTs can be created/ mint at the NFT marketplace, and  NFTs can be listed, traded in the NFT marketplace. This helps the passionate artworks collectors and artists can list their digital collectibles.\n\n[NFT marketplace](https://www.cryptocurrencyscript.com/nft-marketplace-development) is an online platform to create, sell,& buy NFTs. It helps to bridge the gap between the collectors and creators. NFT marketplace helps the creators to earn consistent income from their masterpieces. \nNFT marketplace platform built over the blockchain, which is highly secured, decentralized, immutable, and transparent. \n\n**Use cases of NFT Marketplaces**\n\n**Foundation**\n\nFoundation is NFT marketplace is developed over Ethereum Blockchain. It was found in February 2021. The artists can mint their NFTs by acquiring a metamask wallet. The NFT collectors can collect the NFTs via live auction and store them on their metamask wallets. NFTs can be displayed on social media. \n\n**Axie Infinity**\n\nAxie Infinity is an NFT gaming platform built on BinanceSmartChain. Axie Infinity is a digital pet universe that offers an exclusive 3D gaming experience. It allows the users to breeds, battle, and lend axies.\n\n**Rarible**\n\nThe Rarible is a Moscow-based NFT marketplace platform that was started in 2020 by Alex Salnikov and Alexei Falin. Rarible is an NFT marketplace built over the Ethereum network and has a native governance token known as RARI. Rarible is an NFT marketplace to mint, sell and trade digital collectibles for artworks. \n\n**Sorare**\n\nSorare is an NFT game for football, where players buy, sell, trade, and run a digital team with digital player cards and uses Ethereum blockchain.   Sorare NFT game was formed in 2018 by Ni anolas Julia and Adrien Montfort.\n\n**Zedrun**\n\nZedrun is an NFT marketplace for horse racing games, each horse has its unique properties, indicating you could finish up with a champion stallion, or possibly horse is better furnished to be a stud.\n\n**CryptoPunks**\n\nCryptoPunks are an NFT platform for creating unique collectible characters with their data stored on them. It is developed on the Ethereum Blockchain and having an ERC-721 standard that powers most digital art and collectibles.\n\n**OpenSea**\n\nOpenSea is the first and largest virtual market asset that adds crypto-collectibles, expressions, and historical rarities in the digital design over the Ethereum Blockchain. It's one-of-a-kind, verifiable scarce, liquid, and usable all over the world. Inside of an open marketplace, you can buy and sell anything.\n\n**Decentraland**\n\nDecentraland is a virtual reality environment powered by the Ethereum Blockchain where users can play, interact with games and activities. In decentraland user buying land is called parcel and virtual properties are called NFTs. Each of these lands is a non-fungible asset managed by Ethereum smart contracts. \n\n**Polkacity**\n\nPolkacity is a decentralized account, Polkadot, and non-fungible tokens-based stage that allows the clients to purchase various scopes of resources in the virtual city.  The digital assets incorporate cabs, energy stations, administrations, and so forth exclusive places to boost your benefits by offering and claiming the virtual sources.",
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  "op": [
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    {
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      "delegatee": "gideonpaul",
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  "op": [
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    {
      "parent_author": "",
      "parent_permlink": "axieinfinityclone",
      "author": "gideonpaul",
      "permlink": "benefits-of-investing-in-nft-gaming-platforms-like-axie-infinity",
      "title": "Benefits of Investing in NFT gaming platforms like Axie Infinity",
      "body": "**Axie Infinity**\n\nAxie Infinity is an NFT gaming platform that operates on Ethereum Blockchain. It offers a virtual experience for the players with a digital pet universe, where players can breed, farm, and battle their opponents. \n\nIn-game has two types of tokens called AXS and SLP. \n\nAXS is the token used to play, moving to the next level in the game, and used for voting platform governance.\n\nSLP token is used for breeding pets, buying new land, new axie can be created and sold on the marketplace.\n\n**What are digital Pets?**\n\nDigital pets are a pokemon monster named Axie. Each Axie has different capabilities and characteristics. \n\n**Body Parts of Axies**\n\nEyes\nEars\nHorn\nMouth\nBac\nTail\n\n**Types of Axies**\n\nIn our Axie Infinity clone script, Axie was divided into two categories. \n**Origin Axie:** Limited availability.\n**Mystic Axie:** It is a rare Axie. It is a variant of the original Mystic Axie.\n\n**Revenue grom NFT gaming platform like Axie Infinity**\n\nUsers have to buy AXS tokens initially from the platform to start playing.\nLeaderboard Ads\nOnce attaining high liquidity, you can get more revenue on joining news users to get started to play.\nListing fee for listing newly breed Axie for players.\nTransaction Fee\nAxies cost\nVirtual lands for breeding costs and much more\n\nFor example, Axie infinity NFTs volume surged to a whopping $2.5 billion in the first half of 2021.\nIf you have an idea of starting Blockchain based on an NFT game like Axie Infinity, then get the best [Axie Infinity clone script](https://www.cryptocurrencyscript.com/blog/axie-infinity-clone-script), kick start your NFT gaming!",
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      "permlink": "the-secret-behind-the-success-of-binance-platform",
      "title": "The Secret Behind the Success of Binance Platform",
      "body": "@@ -3342,17 +3342,16 @@\n ce-clone\n-/\n ) having\n",
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      "parent_permlink": "binanceclone",
      "author": "gideonpaul",
      "permlink": "the-secret-behind-the-success-of-binance-platform",
      "title": "The Secret Behind the Success of Binance Platform",
      "body": "Binance is world level cryptocurrency exchange with having largest trading volume, huge crypto holders on their exchange. The Binance BNB has a value of 340.93 USD Per coin and has a 24hr trading volume of 1.4 Trillion USD with a market cap of 5. 7 Trillion USD. Binance has supplied 168,137,036 BNB coins. \n\n**History of Binance Exchange** \n\nThe Binance exchange found by Changpeng Zhao (CZ) in July 2017 in China. Later it has moved to Malta due to China's increasing regulation of cryptocurrency. The Binance exchange name arose from the\"Binary and Finance \" into Binance. Binance requires KYC details to ensure security and avoid scammers over their platform. \n\nBinance is proficient in processing 1,40M orders per second and supports multiple cryptocurrencies. Binance serves more than 15,000,000 crypto holders globally. Binance provides Multi-lingual support in 26 languages, operates in over 40 countries, and is based in over 180 countries & regions. \n\nBinance coin (BNB) Binance coin (BNB) is the native cryptocurrency on Binance and influences the Binance ecosystem. BNB has several usages, like fueling transactions on the binance chain, paying for transaction fees on the platform. \n\n**The Success of Binance** \n\nThe Launch of BNB - July 08, 2017, In the early stage of launching BnB, it has values like 1 ETH equals 2.7k BNB and 1 Bitcoin equals 20K BNB. in the recent 1 BNB = 0.010 BTC \n\nBinance Exchange Launched on July 14, 2017 \nBinance has acquired 120k active crypto holders and New 4k Registration and gets listed on coinmarketcap within 45days of its launch. \n\nLaunched Binance Lab in October 2017 \nBinance Lab is started to support the growth of Blockchain and crypto projects via venture capital. \n\nBinance Started a Launchpad service in November 2017 \nBinance offers Launchpad services to assist entrepreneurs to launch their crypto tokens in a binance platform for Token advertisement and marketing support for new tokens. \n\nAchieving First Rank in CoinMarketCap in December 2017 Binance has Reached the First position in CoinMarketCap within 6 months of Launch and has more than 1 billion USA. \nBinance has Achieved 6 Million Crypto Holders in 2018 \n\nBinance has acquired Trust Wallet in July 2018 \nBinance has introduced Binance Academy in August 2018 \nThis is a free online portal for educating newbies about trading, the Bitcoin market, crypto trends. \n\nBinance Charity Launched in October 2018 \nIt is a non-profit organization established for helping others in an emergency. While the disruption of the COVID-19, binance has provided 3 million USD. \n\nBinance Chain - April 2019 \nBinance has launched its Blockchain known as Binance Chain Binance.\n\nAcquired WazirX in November 2019 Binance has acquired Indian based P2P cryptocurrency exchange after acquiring Trust Wallet open-source wallet. \nBinance Started Supporting DEX in February 2020 \n\nBinance has stepped forward to provide a decentralized exchange facility securely over Binance Chain by eliminating interference of middlemen. \n\nBinance Smart Chain in September 2020 \n\nBinance smart chain is the blockchain that operates identically to the binance chain that is EVM compatible and can run alone when the Binance chain moves offline. \n\nOne can start a cryptocurrency exchange like Binance with [Binance Clone](https://www.cryptocurrencyscript.com/binance-clone/) having all the similar features and functionalities like Binance and helps to launch your crypto exchange instantly!",
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      "parent_author": "gideonpaul",
      "parent_permlink": "key-benefits-of-starting-a-defi-platform-like-uniswap",
      "author": "neerajkr03",
      "permlink": "qxhfod",
      "title": "",
      "body": "</div>\n<div class=\"text-justify\">\n\nWelcome to Steem!\n\nThere are many growing communities here that you may want to join, here is the [latest list](https://steemit.com/hive-133716/@randulakoralage/list-of-steemit-communities-categorized-by-their-subjects-v3) of communities prepared by randulakoralage.\n\nFor general information about what is happening on Steem follow @steemitblog.\n<hr>\n\nHere is a post that explains everything steps by steps that will help you understand more about Steemit ecosystem, wallet security, Newcomers Achievement Program, list of tutorials, how to use tag in your post, how to claim your reward, how to exchange SBD to Steem, and many useful information. [Click here](https://steemit.com/hive-172186/@cryptokannon/notice-board-of-newcomers-community-updated-13-4-2021) to view this post.\n\n<hr>\n\n<div><p>There is a set of achievements prepared by <a href=\"/cryptokannon\">cryptokannon</a> for new comers.</p>\n<ol>\n<li><p>First go to <a href=\"https://steemit.com/trending/hive-172186\">New Comers Community</a></p></li>\n<li><p>Read <a href=\"https://steemit.com/hive-172186/@cryptokannon/achievement-tasks-resources-and-materials-newcomers-retention\">this </a> summary about achievements.</p></li>\n<li><p>First achievement is a self introduction. <a href=\"https://steemit.com/hive-172186/@cryptokannon/achievement-1-mentor-by-cryptokannon-verification-through-introduction\">THESE are  the rules</a> for the post.</p></li>\n<li><p>Likewise, you can do all achievements. You can learn about steemit related things and get rewarded as well.</p></li>\n</ol>\n\nRegards,\n@neerajkr03\n</div>",
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      "parent_permlink": "uniswapclonescript",
      "author": "gideonpaul",
      "permlink": "key-benefits-of-starting-a-defi-platform-like-uniswap",
      "title": "Key Benefits of Starting a DeFi Platform like Uniswap",
      "body": "**Uniswap**\n \nHayden Adams, Noah Zinsmeister, and Dan Robinson founded Uniswap in November 2018.  Uniswap is an exchange platform to trade digital assets with decentralization is achieved with the help of smartcontract, automatic market maker. It aims to eliminate the central control over the user assets and allows users to perform permissionless, limitless transactions anonymously. Uniswap has a trading volume of $263 million, and it has occupied 95% of DEX activity.\n\n**Key Benefits of Uniswap DEX  Platform**\n\n**Anonymous**\nUniswap is a decentralized platform for trading tokens anonymously without KYC. Users with Wallet can access the uniswap platform.\n\n**Swapping/ Exchanging**\nUniswap allows the users to trade any pair of assets on the platform and an additional option is to use ERC token as primary to exchange any pair of their assets.\n\n**Oracles**\nUniswap stores all the data securely on the outside platform to ensure the security of the provided data and assets of the users.\n\n**Flash Swapping**\nUniswap allows multi-step transactions known as flash swapping. Allows users to withdraw their ERC 20 token reserves.\n\n**New Tokens**\nUniswap allows active trading by allowing anonymous to gain access to new tokens. To stabilize liquidity for new pools, users can develop their own tokens and pair with ERC 20 token.\n\n**What are Liquidity Pools?**\n\nLiquidity pools where users submit their assets to get interest in the form of rewards for locking their assets in liquidity pools. The rewards are given as LP tokens, and users with tokens can take part in the platform community for governance via voting. The user who got a loan via liquidity pools pays interest to the liquidity providers. The trading between the users is executed with the help of smart contracts.\n\n**Smartcontract**\n\nSmartcontract is a self-executable program code that runs when certain conditions are met.  smartcontract is precisely defined previously among the parties publicly.\n\nIn the present scenario, passionate entrepreneurs are interested to start a defi platform like Uniswap. DeFi platforms like uniswap can be started with the help of a readymade script or developing from scratch according to the business scope. \n\n[Uniswap clone script](https://www.cryptocurrencyscript.com/blog/uniswap-clone-script) is source code to launch a defi platform like uniswap and that has all alive features liquidity pools, smartcontract like Uniswap exchange. Uniswap clone aims to be a dedicated platform for trading tokens, permissionless, & limitless transactions via smartcontract over blockchain platform.  \n\n**Exclusive Benefits of Uniswap Clone**\n\nLow Investment\nHigh Volume Liquidity\nNo Intermediates\nTrading Volume Ensured\nFaster Brand Awareness\nHigh Return On Investment\n\nThese are the benefits of choosing a readymade clone script to start a new business instantly!",
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      "parent_permlink": "sushiswapclonescript",
      "author": "gideonpaul",
      "permlink": "why-start-a-defi-exchange-like-sushiswap",
      "title": "Why start a DeFi exchange like Sushiswap?",
      "body": "**SushiSwap** \n\nSushiSwap launched in August 2020. SushiSwap is a Decentralized exchange that operates similar to Uniswap. It is Ethereum based on the decentralized exchange that allows users to swap a wide range of tokens, and it eliminates the centralized authority instead works with smartcontract. It has a governance token called SUSHI.\n\n**SUSHI Token**\n\nSushi is a governance token a reward provided for liquidity mining. \nUsers can take part in platform governance by submitting their SushiSwap Improvement Proposal (SIP). Sushi tokens can be exchanged on crypto exchanges like Binance, FTX, and OKEx exchanges.\n\n**Advantages of DeFi Exchange like Sushiswap** \n\nAutomated Market Making Process\nOffers Token Rewards to liquidity providers\nBootstrap Liquidity In Sushiswap\nIncorporate all DEX features\n100% Customizable\n Smart Contract powered DEX platform\nUtilizes an On-chain protocol that uses ERC 20 tokens\n\n**Why start a DeFi exchange like Sushiswap?**\n\nThe SushiSwap is a decentralized exchange that operates with an Automatic market maker instead of the order book, and it allows anonymous trading over the platform without any restriction. It helps to trade tokens, and users can get a fraction of part of the transaction fee collected at platforms. \n\nThe SushiSwap is one of the popular DeFi exchanges in the market with a 24-hour trading volume of USD 175,053,629. The market cap of $1,015,192,662 USD. It has liquidity of 127,244,443 SUSHI coins.\n \nDeFi ecosystem is booming in recent times starting a DeFi platform like sushiwap would be a futuristic business plan. One can start a DeFi exchange with [Sushiswap clone script](https://www.cryptocurrencyscript.com/blog/sushiswap-clone-script)instantly!",
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      "author": "gideonpaul",
      "permlink": "what-is-kucoin-exchange",
      "title": "What is KuCoin Exchange?",
      "body": "KuCoin is a cryptocurrency exchange that started in the year 2017 in Seychelles. Kucoin aimed to provide crypto trading in a highly secured way. It has acquired five million registered users worldwide. The Kucoin has been officially partnered with IDG Capital and Matrix Partners.\nKucoin exchange offers extended support to secure user crypto by providing offline storage. Kucoin supports 400 cryptocurrencies and 340 trading pairs. Kucoin also supports ICO to launch new cryptocurrencies on their exchange, a great option for crypto entrepreneurs. It Has its cryptocurrencies KCS and shares among the users. Kucoin charges very little for withdraw and trading. It charges 0.1 % of interest-based on the crypto asset. \n\n**Salient Features at Kucoin Exchange **\n\nKCS Lockup and Cashback program\n\nKCS lockup scheme has been introduced that user has to hold the token for 3months and they get additional 50% as profit on unlocking the kcs token.\n\nKuMEX Launch \n \nThe announcement was Bitcoin Perpetual Contract and avails offer up to 20X leverage. To feast the launch of kuMEX, they have started a trading competition and pay winners with 10,000 KCS\n\nKCS pay fee launch\n \nOn October 30, Kucoin officially announced the kucoin pay fee feature. Users can enable the feature and enjoy discounts of up to 20% for all sorts of trading pairs.\n\nOne can start a cryptocurrency exchange like KuCoin with a ready-made clone script available at markets that helps to launch exchange instantly!  [KuCoin clone script](https://www.cryptocurrencyscript.com/blog/kucoin-clone-script/) is cryptocurrency exchange source code to launch exchange with all the features and functionalities like kucoin exchange. It helps entrepreneurs to launch crypto exchanges with ease.",
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      "permlink": "what-are-the-cryptocurrencies-supported-by-trust-wallet",
      "title": "What are the Cryptocurrencies supported by trust wallet?",
      "body": "In the digital world, people intended to use virtual currency for commercial and business purposes.  There are various cryptocurrencies, tokens, coins available at markets. One must have a crypto wallet to store cryptos. \n\n**Crypto Wallet**\n\nCrypto Wallet is a place or storage address to store cryptocurrencies safely. A Crypto wallet has two types of keys associated with the wallet. \n\nPublic Key is the address shown publicly like ID to associate with it.\nA private key is like a passcode to access your wallet. \n\nThere are multiple types of crypto wallets like\nHot and Cold Wallets\nHardware wallets\nPaper Wallets\nDesktop Wallets\nMobile Wallets\nWeb Wallets\n\n**What is Trust Wallet?**\n\nTrust wallet is a cryptocurrency wallet used to store cryptocurrencies securely, and that can be used trading cryptos on mobile devices.\nIt is launched on tie-up with the Kyber network, and Web3 browser and users can interact using decentralized apps. \n\n**Trust Wallet App**\n\nThe trust wallet is fundamentally intended to help the trading of Ethereum tokens in a secured and decentralized way by Victor ratchenko in the year 2017. Later is obtained BinanceDEX in 2018.\nTrust wallet app support both Android and iOs platforms. It helps in trading cryptocurrencies from various blockchain platforms like Bitcoin, Litecoin, DASH, and Tron, etc.\nTrust Wallet  Zero Charges for its Services\nTrust wallet doesn't charge for any of its services, but yet has to pay a gas fee as transactions are executed in the Ethereum platform. The Gas fee is collected to assist the miner to validate your transactions.\n\n**Cryptocurrencies Supported by Trust Wallet**\n\nBinance Coin (BNB)\nTRON (TRX)\nTezos (XTZ)\nBitcoin Cash (BCH)\nDogecoin (DOGE)\nVeChain (VEN) \nStellar (XLM)\nEthereum (ETH) and all ERC20 and ERC223 tokens. \n\n**Why developing a crypto wallet App like Trust Wallet?**\nHere is the reason to prefer the trust wallet app\nOpen-Source\nSecurity\nDecentralized\nStake & Earn \nSupports Trading Cryptocurrencies\n\nOne can launch their crypto wallet app like trust wallet with a ready-made trust wallet clone script. [Trust wallet clone script ](https://www.cryptocurrencyscript.com/blog/trustwallet-clone-app/)is muti-tested, ready-to-market source code to launch crypto wallet apps like trust wallet.",
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      "permlink": "re-gideonpaul-what-are-the-benefits-of-starting-a-cryptocurrency-exchange-like-binance-20210712t091712962z",
      "title": "",
      "body": "Hello welcome to Steemit world! \n I'm @steem.history, who is steem witness. \n This is a recommended post for you.[Newcomers Guide](https://steemitdev.com/guide/@steemitblog/steemit-a-guide-for-newcomers) and [The Complete Steemit Etiquette Guide (Revision 2.0)](https://steemit.com/steem/@steem.history/the-complete-steemit-etiquette-guide-revision-20-homage-1598425779) and, recommended community [Newcomers Community](https://steemit.com/trending/hive-172186) \n I wish you luck to your steemit activities.<center> \n \n \n https://cdn.steemitimages.com/DQmXHwdcNs5VPcBft1iSosPdHLpBNBfjuG84g3ffWhMw5JQ/image.png \n <sub>(The bots avatar has been created using https://robohash.org/)</sub> \n @steem.history \n \n ### My witness activity \n - [My aspiration for STEEM witness](https://steemit.com/hive-185836/@steem.history/my-aspiration-for-steem-witness-1601280729) \n - Provides information on Steem.  \n [Reference](https://steemit.com/trending/hive-130095) \n - Supporting the Steem project. \n [SPUD4STEEM project](https://steemit.com/trending/spud4steem) \n - Supporting the community. \n [Newcomers Community](https://steemit.com/trending/hive-172186),[Steem Sri Lanka](https://steemit.com/trending/hive-133716) ,[WORLD OF XPILAR](https://steemit.com/trending/hive-185836), [GLOBAL STEEM](https://steemit.com/trending/hive-145160), [Scouts](https://steemit.com/trending/hive-181136) \n \n ### My featured posts \n - [The Complete Steemit Etiquette Guide (Revision 2.0) -Homage](https://steemit.com/steem/@steem.history/the-complete-steemit-etiquette-guide-revision-20-homage-1598425779) \n \n [![image.png](https://cdn.steemitimages.com/DQmd7of2TpLGqvckkrReWahnkxMWH6eMg5upXesfsujDCnW/image.png)](https://steemlogin.com/sign/account-witness-vote?witness=steem.history&amp;approve=1) \n <sub>please click it!</sub> \n \n ![image.png](https://cdn.steemitimages.com/DQmWDnFh7Kcgj2gdPc5RgG9Cezc4Bapq8sQQJvrkxR8rx5z/image.png) \n <sub>(Go to https://steemit.com/~witnesses and type fbslo at the bottom of the page)</sub> \n \n </center>",
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      "parent_permlink": "binanceclonescript",
      "author": "gideonpaul",
      "permlink": "what-are-the-benefits-of-starting-a-cryptocurrency-exchange-like-binance",
      "title": "What are the benefits of starting a cryptocurrency exchange like Binance?",
      "body": "In the present scenario, the world has moved to the next phase after the Covid_19 Pandemic situation.  Started to revolve around the latest technological innovation and financial transaction.\nCryptocurrency is decentralized, permissionless, limitless,  People more intended to use cryptocurrencies for their business. \n\nThe cryptocurrency stimulates emerging cryptocurrency exchanges, each day new crypto exchanges are launched in the crypto markets. But Binance is the topmost Cryptocurrency exchange in the world. Let's discuss the strategy  utilized in Binance exchange,\n\n**Binance Overview**\n\nBinance is the world's largest cryptocurrency exchange found in 2017 in Hong Kong. Later it moved to Malta due to legalization/Regulations for cryptocurrency exchanges in Hong Kong, China.\n\nBinance is an exclusive platform for crypto to crypto trading. Supports more than 500 types of cryptocurrencies, Tokens, like Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Dogecoin (DOGE), and its own token Binance Coin (BNB). \n\n**Key Benefits of Binance Exchange**\n\nBinance is a crypto exchange that supports of exchange of crypto to crypto and fiat currencies like USD to Crypto trading for their crypto holders. Binance has a high liquidity volume in trading and huge crypto holders on its exchange.\n\nBinance exchange allocates the crypto wallet for their crypto holders for trading cryptos.\nBinance exchange charges a transaction fee of 1% for each transaction.\nBinance has its crypto token known as, Binance Coin (BNB) and it also encourages users to trade on its native crypto BNB.\nBinance exchange is secured with multi-tier, multi-clustered design, delivers high efficiency and performance. Binance exchange can handle 1.4 million requests per second. \n\n**Types of Services available in Binance Exchange**\n\nBinance supports crypto tradings, listing their crypto coins, fundraising, withdrawal of cryptocurrencies.\n\nBinance also supports fundraising with the help of ICOs Initial Coin Offering services for crypto investors to launch their crypto tokens.\n\nThe user has to complete the registration process by submitting the KYC forms.  Once after validation, each crypto trader is provided with (public address) a crypto wallet to get, store, and trade cryptocurrencies on the exchange.\n\nBinance offers Three types of tradings like \n\nLimit Order - Executed only at the Limit price set by the trader\n\nMarket Order - Executed at best available market price\n\nStop- Limit Order - Executes only at pricing reaching the specified level\n\nThere other extra tradings options are available like\nStop market order\nTrailing stop order\nPost only order\nLimit TP/SL order\nBinance exchange doesn't charge for cryptocurrency or fund deposits. But, charging a transaction fee for withdrawals according to the cryptocurrencies transacted.\n\nAs of 2021, Binance only allows for U.S. dollar deposits by global users via SWIFT. But, it does allow you to buy a select number of cryptocurrencies with a credit or debit card. Deposits using 12 other fiat currencies including the euro. \n\nEntrepreneurs can start their dream cryptocurrency exchange business with the Successful business strategy of Binance exchange, as it is world level exchange having a high volume of crypto holders and liquidity volume.\n\n**How to Start a Cryptocurrency Exchange like Binance?**\n\nOne can start their cryptocurrency exchange with a ready-made Binance clone script having all inbuilt features and functionalities in the Binance exchange.\n\nStarting cryptocurrency is not that much easy, one should have strong knowledge about the cryptocurrencies, operations held in crypto exchanges. \n\nCryptocurrency exchange can be built in two ways like \n\n**Developing From Scratch**\n\nTo develop from scratch needs resources and time. The development process starts with market research, analysis, planning, developing, testing, and deploying it. \nHere, one can customize their exchange according to their business needs. \n\n**Readymade Binance Clone Script**\n\nThe Entrepreneur can start cryptocurrency exchange with [Binance Clone](https://www.cryptocurrencyscript.com/binance-clone/). Binance clone script is complete source code to launch crypto exchange with inbuilt features, functionalities similar to Binance.",
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