Category Archives: coinquora.com

Bumper Finance Gears Public Token Sale After $17M Funding Success

Source : coinquora.com News Bumper Finance will launch a public token sale on December 09. The network offers deals for investors to acquire BUMP at a lower cost. The crypto world continues to be acknowledged by many countries and investors around the world. The Bumper Finance (BUMP) network is one of the crypto platforms in[Read more…]

BTT Price Surges Up 18.74% in 24 Hours Ahead of BTTC Mainnet Launch

Source : coinquora.com News BTT price is up 18.74% in 24 hours. The price increase came ahead of BTTC Mainnet launch announcement. BTT Redenomination Plan will occur on December 12, 2021. BitTorrent Token (BTT) price has increased overwhelmingly by 18.74% in the last 24 hours in the crypto market. With many concerns regarding the swift[Read more…]

Hathor Network: Building the next generation blockchain for Web 3.0

Web 3.0 is a concept that has been in vogue for the better part of the decade due to its massive potentials. The ability to have applications digest large-scale information needs interoperability and cross-compatibility within a network of computers.

Blockchain technology has been designated as the possible solution to driving web3.0 applications due to its unique applications in different sectors. Smart contracts have proven useful and have been used to develop several automated solutions that have transformed finance. However, the complex nature of smart contracts and codes for many blockchain have ensured that adoption has been limited to developers and tech junkies. Hathor is a blockchain protocol that changes this perception with its innovative approach.

A Simple way to build decentralized solutions

Hathor is a blockchain protocol built on the proof-of-work consensus and deploys DAG and blockchain data infrastructure. It is a highly cerebral project and has scientific and academic personnel in its team. Hathor is built on the proof-of-work consensus, which ensures security and decentralization compared to other blockchains. However, to mitigate against the problems of P-O-W, Hathor has deployed merged mining which allows the mining of multiple cryptocurrencies without added effort. As a result, miners can mine Hathor tokens and bitcoin without the need to get extra hardware or higher electricity costs. The key concept of Hathor is providing a blockchain network where all can build decentralized based solutions. This has made it garner the nickname of the ‘’Wordpress of blockchain’’ due to the share simplicity of building solutions.

Hathor’s one-stop solution makes it easy for teams and projects to create dApps without extensive technical knowledge. Instead, they are provided open APIs in multiple programming languages and familiar code tools that anyone with basic coding skills can easily harness to build tokens and dApps. To further buttress the prior point, anyone can mint custom tokens using the Hathor or desktop wallet within a few minutes. All they need to do is lock 1 HTR token for every 100 units of custom token issued on its blockchain. This is unique and means that anyone can create their custom tokens without complex requirements.

NFTs are an important part of web 3.0 due to the value they represent and have been touted to be a major component of the metaverse. Several companies have announced their intention to develop NFTs, and Hathor provides an in-expensive option. NFTs can be minted on the Hathor Desktop wallet and only cost 0.02 HTR tokens. Furthermore, NFTs minted can be transferred within the Hathor ecosystem without transaction fees.

Key developments

Hathor blockchain has experienced real uses since its mainnet launched in 2020. It has engaged in different strategic partnerships and released a debit card in collaboration with Simplex, and its token HTR is integrated within leading hardware platform Ledger.

Several projects have been built on its blockchain, including 9Block, the high profile NFT platform created by influential Brazilian celebrity Felipe Neto. It also hosts Dropull, an NFT for in-game items in Cidade Alta, which is one of the largest gaming servers in Latin America with 120,000 active users. Other platforms include Kick-Off Music, Databoi, Horus NFT Arts &Marketplace.

Hathor is also building a decentralized exchange that will enable atomic swaps, staking, liquidity mining and yield farming. Hathor token, HTR has is listed on several platforms, including Kucoin, AscendEX, Coinmetro, SimpleSwap and more. To learn more about the project, visit the links.

🌐 Website| 🕊 Twitter| 🔔 Telegram| Ⓜ️ Medium.

Disclaimer: Any information written in this press release does not constitute investment advice. CoinQuora does not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release. CoinQuora is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release.

Starly Raises a Whopping $6.125M in Pre-IDO Funding Round

Starly raises $6.125 million after a fruitful pre-IDO funding round and partnerships.
The launch of its STARLY token IDO will take place on DAO Maker on December 20.
STARLY token listing on a tier 1 DEX will be announced on December 21st.

Non fungible token (NFT) marketplace for gamified collections and launchpad, Starly announces that it has closed its pre-IDO funding round, raising $6.125 million. The team disclosed that major global investors participated, led by leading the blockchain investment and advisory firm, Spartan Group.

Starly is a launchpad and marketplace that enables users to collect and exchange NFTs, bringing to the fore a gamified ecosystem where collectors can buy and sell their assets in turn to complete valuable collections.

To elaborate, Dapper Labs,  Animoca Brands, LD Capital, Double Peak, Shima.capital, and high-profile angels including Marat Kichikov, managing partner at BitFury Group, were some of the most notable investors in the funding event.

Kelvin Koh, co-founder, partner, and CIO of lead investor Spartan Capital stated his view on Starly. He says that the Spartan group views Starly, with its unique mechanism for creators to create NFT collections, as part of the broader trend of NFT creation and collection becoming more accessible to mainstream audiences.

Marat Kichiknov, Managing Partner at the BitFury Group and Starly advisor adds on’

The NFT market is one of the fastest-growing out there. It will revolutionize a lot of things we use today. The Starly team has a clear vision on how to utilise the technology and build an innovative experience, emphasising the collection phenomenon. Starly connects creators and collectors, helping non-crypto users benefit from the technology. I’m pleased to support the team with my investment and join as advisor.

Since its inception in September, Starly has amassed more than $750,000 in sales and has also become a strategic partner of the renowned brandFlow Fest. As a result of this partnership, Starly was able to host its famous “Mystery Pack Giveaway” which attracted over 70,000 users.

Starly confirms that its collaboration with Flow Fest involves building an internal marketplace on Starly that will facilitate Flow’s partners to exchange NFTs. Similarly, Starly has as well received a grant from the creator of the Flow blockchain, Dapper Labs.

All in all, the launch of Starly native token, STARLY is the next big thing for the brand given the successful fundraising and partnerships. The IDO is scheduled to occur onDAO Maker on December 20, then a listing on a tier 1 DEX[1]  will follow on December 21, 2021.

ETHVOL and CVOL Volatility Tokens Are Now Available on the CVI Platform

Volatility Tokens ETHVOL and CVOL now live on both the secondary markets and the CVI platform.
The tokens are the first of their kind funding-fee-adjusted-rebased Volatility Tokens.
ETHVOL is pegged to ETHVI index while CVOL is pegged to CVI.

Cryptocurrency Volatility Tokens, ETHVOL, and CVOL are now available on the CVI platform. Also, the tokens are presently available on the secondary markets. The Volatility Tokens are a transformative remedy for trading crypto volatility. The team behind the project credits the token as the first of its kind funding-fee-adjusted-rebased volatility tokens. 

Notably, cryptocurrency, in general, is known to be volatile in nature. In spite of this, many have amassed a fortune from investing in crypto while also suffering huge losses when the market goes bear. Investors keep questioning why crypto is so volatile.

A question that keeps ringing out from investors to crypto inventors and analysts. While many attribute the instability to speculations, fragile investors, the emerging market, and so on, some still feel the volatility is beyond anyone’s understanding.

However, Volatility Tokens have succeeded in bringing a new way of trading volatility, while makingCVI compatible with the greater Defi ecosystem, thus achieving another major milestone.

Fortunately, some projects such as ETHVOL which was the first Volatility Token to be launched, are focused to reduce or eliminate investors’ losses through developing their own Volatility Tokens.

In detail, ETHVOL is pegged to the new ETHVI index, which tracks Ethereum’s volatility Ethereum. Moreover, ETHVOL can be traded on the Ethereum based DEX Uniswap V2, attracting the attention of traders and arbitrageurs when there is a difference in prices between the Uniswap and the CVI platform.

On the other hand, CVOL is the second volatility Token available for trading. It is pegged to the CVI index and tracks the implied volatility of Bitcoin apart from Ethereum. Similarly, CVOL can be traded in the Polygon network on QuickSwap.

Of note, all the Volatility Token’s arbitrage-related operations performed on the main platform (mint/burn) will result in an increase in collected fees distributed to GOVI stakers. Besides, Buying ETHVOL and CVOL tokens on secondary markets is equal to taking a long position on ETHVI and CVI indexes.

Unlike opening a position on the platform, when you buy Volatility Tokens, you can sell them immediately on secondary markets without a lockup period. Interestingly, there are no purchase or sell fees. Finally, you can stake your LP tokens and earn GOVI rewards, and Uniswap/Quickswap fees. In particular, there is no lockup period on claiming your GOVI.

Above all, the Volatility Tokens bring major benefits to the entire ecosystem. Users can buy or mint ETVOL/CVOL tokens to provide liquidity to ETHVOL-USDC pool on Uniswap and CVOL-USDC pool on QuickSwap. Additionally, they can stake their ETVOL-USDC and CVOL-USDC LP tokens on the CVI platform and earn GOVI rewards.

Every ETHVOL/CVOL token holder pays a fee to the liquidity providers of the USDC pool on ETHVI/CVI platforms, making the liquidity providers profit from all the ETHVOL and CVOL tokens in circulation. In summary, it is advised that investors should ensure that they implement strategies that “manage” risk and uncertainty when the market is fluctuating. The team further says it has compiled all the relevant technical information in an easy-to-read Litepaper to shed some light on the logic behind each step of its development.

Ethereum Whale Purchased $2,019,048.79 Worth of SHIB Just Now

An anonymous Ethereum whale purchases $2,019,048.79 worth of SHIB today.
Shiba Army thinks that this will bring another good testament to Shiba Inu.

Crypto whales seem to be on a monumental Shiba shopping trip today as an anonymous Ethereum whale purchased a gargantuan $2,019,048.79 worth of Shiba tokens. Today’s whopping amount of SHIB bought is part of the remarkable SHIB purchases this year.

Moreover, this is among the stunning news that Shiba Inu and its native token SHIB, has presently accrued so far. As the announcement breaks silence on the internet, all the ‘Shiba Armys, including crypto apes, think that this time could bring another bullish drip for Shiba Inu.

Without exaggeration, the vibe and the jubilation that is coming from the Shiba community is quite a massive love. This shows that if whales continue to buy SHIB tokens, it will massively ignite a huge sensation compared to today. 

On one hand, many believe that there might be another big thing coming for Shiba Inu that propelled the whale to buy such stunning worth SHIB coins. Meanwhile, others are doubting why the purchase hasn’t influenced SHIB price.

At press time, SHIB is up by 15.54%, trading at $0.00003824. Also, it has a market capitalization value of over $21 billion, according to CoinMarketCap. In fact, it is worth mentioning that, since its inception, Shiba Inu has gained a huge user-based adoption this year. Yet still, it continues to be investors’ choice from top crypto personalities and many other popular figures.    

Yield Farming: The Why, What, and How With Delta Exchange

Table of contents

Introduction

Yield farming is a way of generating interest and passive income on your crypto assets in the same way that you would collect interest money in your savings account. Yield farming, like depositing money in a bank, is “staking” your cryptocurrency for a specified time period in exchange for interest or other benefits, such as more crypto. The difference is that you can do this on crypto platforms, like Delta Exchange.

Yield farmers have earned returns in the form of annual percentage yields (APY) that can approach triple digits since the practice began in 2020. However, this potential profit comes with a significant level of danger, as the protocols and currencies acquired are prone to tremendous volatility and rug pulls, in which creators abandon a project and steal investors’ assets.

Why Yield Farming and how does it work?

Yield farming, also referred to as liquidity farming, allows investors to stake their coins by putting them into a lending protocol via a decentralized software, or dApp. Other investors can then borrow the coins through the dApp to use for speculation, hoping to profit from big swings in the coin’s market price that they foresee.

Yield farming is nothing more than an incentive system for early adopters. Users are rewarded for staking their coins in blockchain-based apps, which allows them to provide liquidity. When centralised crypto platforms take consumer deposits and lend them out to individuals seeking credit, this is known as staking. Creditors pay interest, depositors receive a portion of it, and the bank keeps the remainder.

Users are rewarded for staking their coins in blockchain-based apps, which allows them to provide liquidity. When centralised crypto platforms take consumer deposits and lend them out to individuals seeking credit, this is known as staking. Creditors pay interest, depositors receive a portion of it, and the bank keeps the remainder. Users that areyield farming, aka liquidity providers, lend their assets by adding them to a smart contract, which is effectively simply a piece of code running on a blockchain that functions as a liquidity pool.

Investors that use the yield-farming protocol to lock up their coins can earn interest and often more digital coins, which is the actual benefit of the arrangement. If the value of those additional coins rises, so do the investor’s profits.

Another reason to stake is to amass enough cryptocurrency to cause a hard fork, which involves a large infrastructure modification to the cryptocurrency’s design. Hard forks allow cryptocurrency holders to compel modifications that, in the opinion of the majority of holders, will improve the cryptocurrency in the future. In some ways, hard forking provides crypto investors with the same power that stockholders have with share voting. Cryptocurrency holders can utilize hard forks to push a cryptocurrency protocol in a specific direction, similar to how shareholders can vote on crucial items influencing the management or direction of the companies they invest in.

Is it profitable?

While yield farming is certainly risky, but also lucrative; otherwise. CoinMarketCap gives yield-farming rankings using the yearly and daily APY of major liquidity pools. It’s possible to locate pools with yearly APYs in the double digits, and even some with APYs in the thousands of percentage points.

However, many of these come with a substantial risk of temporary loss, making investors wonder if the possible payoff is worth the risk. The amount of crypto you can stake will also affect your overall profit. Yield farming involves thousands of dollars in capital and incredibly sophisticated tactics to be lucrative.

Here’s how you can get started with yield farming on the popular Delta Exchange:

Yield Farming strategies at Delta Exchange

1. Enhanced Yield BTC

To boost the yield on your BTC holdings, theEnhanced Yield BTC technique entails selling BTC at a higher price on a predetermined date. It’s suitable for investors who believe Bitcoin’s gains will be restricted in the near future.

2. Enhanced Yield ETH

As the notional amount written is identical to the value of ETH, this approach earns yields by writing monthly call options with no liquidation risk.This method, however, may lose money if the price of ETH climbs drastically.

3. Enhanced Yield USDT

This strategy creates yields by creating monthly put options, with no risk of liquidation as the notional amount written is equal to the USDT value, just like the Enhanced Yield ETH strategy. This method, however, may lose money if the price of ETH falls dramatically. It currently has a projected APY of a whopping 58%!

Risks associated with Yield Farming

Volatility – The extent to which the price of investment swings is known as volatility. A volatile investment is one that has a large price swing over a short period of time. While your tokens are locked up, their value may drop or rise.Fraud – Yield farmers may unknowingly invest their money in fraudulent enterprises or schemes in which they lose all of their money. According to CipherTrace, fraud and misappropriation account for the great majority of the $1.9 billion in crypto crimes expected in 2020.Issues with smart contracts – Yield farming smart contracts may contain faults or be vulnerable to hackers, putting your cryptocurrency at risk. We need better code-vetting and third-party audits to improve on these security flaws.Rug Pulls – Rug pulls are a form of exit scam in which a cryptocurrency developer collects funds from investors for a project and then abandons it without returning the funds. Rug pulls and other exit scams, which yield farmers are particularly vulnerable to, accounted for about 99% of big fraud during the second half of the year, according to the CipherTrace research.Impermanent Loss – While your crypto is staked, its value may rise or fall, resulting in unrealized gains or losses. When you withdraw your coins, these profits or losses become permanent, and you may be better off if you had kept your coins available to trade if the loss is greater than the interest you received.

The Final Takeaway

Staking, or locking up, your cryptocurrency in return for interest or more cryptocurrency is known as yield farming. Yield farming will become more common as cryptocurrency gets more popular. It’s a straightforward notion that has existed for as long as banks have, and it’s simply a digital version of lending with interest for profit to investors.

While yield farming has the potential to generate enormous returns, it is also quite dangerous. As proven by the many quick price changes seen in the crypto markets, a lot may happen while your cryptocurrency is locked up, but if you want to participate in safe and efficient Yield Trading strategies, Delta Exchange is where you need to go!

Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.

Top 5 Most Promising NFT Tokens for the GameFi Industry

The GameFi industry is developing at a rapid pace and is confidently capturing the attention of the largest investors. According to the analytical resource CoinGecko, the total capitalization of the gaming finance sector has already exceeded $25 billion. And this is just the beginning. Experts are confident that the GameFi boom will take place in the first half of 2022, which means it is worth buying promising game NFTs and project tokens right now. We’ve rounded up the most anticipated GameFi NFTs worth getting right now.

1. Axie İnfinity

One of the most popular DeFi games has already become widespread in the crypto community. The popularity of the computer game and its capitalization especially increased after the Binance cryptocurrency exchange announced its support for the project. Since the beginning of the year, the value of the AXC token has increased 100 times. In the next step, the company released a collection of combat NFTs, the cost of which ranges from $50 to $1,500. So far, NFTs have not become widespread, judging by the data from the Nonfungible.com resource. However, NFT may indeed get a second chance at life next year as the company plans to dramatically expand the game’s reach and attract thousands of new gamers.

2. Cypherpunks

Cypherpunks non-fungible tokens have their own history and have already gained popularity among the community. The very idea to release a collection of cypherpunks and in an accessible form to tell users about crypto-encryption arose back in 2018, when NFTs were not yet so popular. However, the first exclusive collection was presented on the OpenSea marketplace a few months ago. The last of the presented tokens was sold at 7.08 ETH, and the weekly trading volume on this site exceeded 14.38 ETH.

According to the data posted in the official chat of the company, on December 15, 2021, the pre-sale of the second collection of Cypherpunk: Rebels, which has 3,000 tokens, will take place. The owners are directly involved with the functional collection in the “Devouring pool”. Inclusion in the “founder’s bonus” pool, at the stage of node formation. You can sign up for the white list here.

3. The Sandbox

The game meta-universe The Sandbox loudly announced itself at the beginning of last year. The creators of the “sandy” virtual world announced a massive sale of land for ETH tokens. Brands such as CryptoKitties, My Crypto Heroes, Old Skull Games, and Dapp.com became the first inhabitants of the computer space. Today, NFT tokens with SAND lands are the most popular among users, and the monthly trading volume exceeds $ 155 million. It is likely that the value of NFT will rise even more next year, as the company prepares to present new opportunities for the inhabitants of the virtual world.

4. Divine Anarchy

One of the most high-profile projects of the fall. Divine Anarchy NFT tokens were sold out a few days after the start of the sale of the collection. Buyers bought non-fungible pictures, relying on the promises of an early launch of the unique Play-2-Earn game, which would allow them to earn cryptocurrency for completing levels. It is not yet known when the game will be released, however, it is worth paying attention to this project and following its further development.

5. Decentraland

The second most popular metaverse, Decentraland, announced its launch in 2020 and immediately attracted the attention of thousands of users. Today, the native MANA token is actively traded on exchanges, and the developers themselves sell land in the virtual world in the form of NFT tokens. According to the resource Nonfungible.com, the monthly trading volume of non-fungible tokens with exceeds $20 million. The cost of tokens varies in the region of $12,000 – $13,000, depending on the area of ​​virtual land. As the developers themselves assure, the popularization of the metaverse will increase the value of not only the MANA token, but also the value of land in the virtual world.

Summary

Most experts are confident that the coming year of 2022 will be a time of rapid development of the metaverse and the GameFi sector in general. Therefore, today it is worth paying attention to promising NFT tokens that are directly used in GameFi games and have a certain value among the crypto community.

Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.

Dent Price Prediction — Will DENT Price Hit $0.5 Soon?

Bullish DENT price prediction ranges from $0.008 to $0.023.
The DENT price might also reach $0.5 soon.
DENT bearish market price prediction for 2021 is $0.003.

This Dent (DENT) Price Prediction 2021 article is based on technical analysis alone. Below, you will see the key metrics that we have taken into consideration upon coming up with our DENT price analysis and prediction.

In the midst of the current crypto bull run, many are wondering when the alt season will begin. In that case, many altcoins in 2020 which have suffered from a downturn could enjoy strong rallies in 2021. One of them is DENT, a cryptocurrency with tremendous potential. Many people are actually wondering if DENT will be a good investment in 2021. The answer to that question will be revealed in the near future.

Will DENT experience the same price volatility? We’ll find out soon in this DENT price analysis 2021 article. But first, let’s have a look at what DENT is.

What is Dent (DENT)?

Founded in 2017, Dent is an innovative digital mobile operator offering eSIM cards, data plans, and call minutes on top-ups. According to its website, Dent enables mobile data liberalization by using blockchain technology.

Plans for Dent include expanding its services to new markets by the end of 2021. Dent has already attracted more than 25 million mobile users, and its services are available in over 140 countries. Dent’s enterprise partnerships include Samsung Blockchain, The Enterprise Ethereum Alliance, and Telecom Infra.

Now that we are clear about DENT do you think DENT will be beneficial crypto in 2021? Join me and let us see the charts in this DENT price analysis and DENT price prediction.

Dent Current Market Status

As of the time of writing this DENT price analysis, DENT trades at $0.00409 with a 24-hour trading volume of $85,106,140. The price of DENT has increased by 14.29% in the last 24 hours.

Currently, the top cryptocurrency exchanges for DENT are Binance, Mandala Exchange, FTX, Upbit, and KuCoin. Now, let’s go to the next part of this DENT technical analysis for 2021.

Dent Price Analysis 2021

Currently, DENT holds 162nd place on CoinMarketCap. But will the latest upgrades, development, and changes in the DENT blockchain help the cryptocurrency price to reach higher? Let’s proceed to the charts in this DENT price prediction article.

DENT/USDT chart showing Descending Channel pattern (Source: TradingView)

In the chart above, which is set in a daily time frame, we can see the Descending Channel Trend pattern. A descending channel is the price action that takes place in a downward direction through a sloping parallel line. More so, the chart shows the Lower Highs and Lower Lows from this price pattern. Moreover, this pattern represents a short-term bearish.

As shown above, at the beginning of this month, DENT turned from its bear to bull trend. This is the result of the high trade volume that happened in that period.

The Relative Strength Index (RSI) is at 36.04, which means that DENT is in a nearly oversold state. With this traders need to stay cautious while trading, turning away from further losses.

Let us also look at the Simple Moving Average (SMA) and the Exponential Moving Average (EMA) of DENT.

Since the start of 2021, DENT’s price has seen many bullish moves which are higher than the previous one. More so, these are followed by fluctuations, consolidation, and corrections right away. Taking this into consideration, DENT has a competitive market this 2021.

Dent Price Prediction 2021

The chart below shows that DENT has performed great over the past few days. Moreover, the DENT price shows a bullish trend. If this trend continues, DENT might run along with the bulls, overtaking its $0.023 resistance level and moving even higher to $0.5.

Conversely, if the investors turn against the crypto, the bears might take over and push DENT from its uptrend position. In simpler terms, the price of DENT might decrease to almost $0.003, a bearish signal.

Meanwhile, our long-term DENT price prediction for 2021 is bullish. It has a high possibility of reaching new heights. More so, that will only happen if it breaks many previous psychological resistances.

Dent Price Prediction 2022

If this bullish trend continues, DENT will reach $1 by the end of 2022. Moreover, the first half of 2022 is going to show fast growth, up to $2. Then this rise will slow down, but no major falls are expected. With upcoming partnerships, and developments reaching $1 is quite optimistic in the price point of view but undoubtedly feasible for the near future.

Dent Price Prediction 2023

If DENT holds the support level around 200-MA, the long-term moving average of 200 days firmly, buyers will then have ample time and stability to forge the next attack mission on the vital level at $3.5, making it not plummet but play consistently.

Dent Price Prediction 2024

As per the latest upgrades, developments, DENT price prediction, and new project forecasts of the platform, DENT investors could expect many partnerships and integrations around 2024. Moreover, this might boost the price of DENT in the crypto market, and it will be the best investment as the price can spike and reach around $5.

Dent Price Prediction 2025

In the next four years, DENT’s price could race up to $8. However, reaching this level could not be so difficult for DENT as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that DENT has a high possibility of reaching a new ATH soon in the next five years as per the prediction.

Conclusion

DENT has a bright future ahead of it in 2021. With the ongoing developments happening within the DENT ecosystem, as well as in the overall crypto market, we may see DENT reach new heights.

Bullish DENT price prediction 2021 is $0.5. As said above, it may even reach its new ATH if investors have decided that DENT is a good investment in 2021, along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

What is Dent (DENT)? Dent is an innovative digital mobile operator offering eSIM cards, data plans, and call minutes on top-ups. Its native token is DENT. How to Buy DENT Tokens? Users can obtain DENT tokens by purchasing them from cryptocurrency exchanges such as Binance, Mandala Exchange, FTX, Upbit, and KuCoin. Will DENT Surpass its Current ATH? DENT is a good investment in 2021. Moreover, DENT has a high possibility of reaching new heights this year. Can DENT reach $0.5 soon? Yes, it’s very much possible that DENT might reach $0.5 in the near future as per the current bullish trend. What will be the Dent price by 2022? Dent price is possible to reach $1 by 2022. What will be the Dent price by 2023? Dent price is possible to reach $3.5 by 2023. What will be the Dent price by 2024? Dent price is possible to reach $5 by 2024. What will be the Dent price by 2025? Dent price is possible to reach $8 by 2025.

Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.

BANXA Teams Up With Deribit, Leveling up Deribit’s Network

BANXA Holdings Inc. partners with Deribit.
Deribit customers can now access the Banxa Network.

The world’s first public payment service provider (PSP) and compliance RegTech platform for the digital asset industry — BANXA Holdings Inc. teams up with Deribit, an institutional-grade top 20 crypto derivatives platform. Through this partnership, Deribit customers can access the Banxa Network and enjoy the broadest range of payment options using Banxa’s secure, managed service. Luuk Strijers, CCO at Deribit explained,

Partnering with Banxa gives our customers access to more payment methods allowing them easier, faster, and safer access trading our derivatives products range. Our goal is to remain at the leading edge of the crypto derivatives market and opening expanded access via Banxa’s compliant and managed payment service is part of that future.

Furthermore, this partnership empowers Deribit traders with a long-term sustainable payments service solution for derivative and crypto trading. This is because of the combined technology and features that both networks possess. Deribit integrity and quality features together with Banxas’ provision of Anti-Money Laundering (AML) and Know Your Customer (KYC) compliant payments solutions make both networks a powerhouse in the space.

Holger Arians, Banxa CEO said, “Our integration into Deribit’s trading service allows us to give additional customers access to digital currency safely, giving a new and broader demographic of crypto traders access to quick, easy and compliant payment methods. As the industry continues to mature, Banxa’s goal is to provide the best conversions for our Network and the best user experience to their customers.

On the other hand, Banxas’ payment service provides partners with an integrated solution for on and off-ramp cash to crypto conversion. The Banxa managed service offers full compliance, AML, and KYC monitoring, allowing its partners like Deribit to focus on their customers and pursue innovation in the crypto space.