New coins appear every day. Consequently, the number of products in the asset class continues to grow regardless of whether the overall market value rises or falls. Bitcoin, Ethereum and many other tokens causing a speculative frenzy are provoking new cryptocurrencies with a range of useful properties to enter the market.
In addition, China is currently beta testing a digital yuan. Soon, other major governments will also take action and digital dollars, euros, pounds sterling, yen and many other trading opportunities will enter the market.
The first Arab cryptocurrency, UEDC: is it worth it?
The United Emirates Decentralized Coin (UEDC) unexpectedly hit the market last week. The official currency of the UAE is the dirham, which has an exchange rate of 0.27 against the U.S. dollar; on November 11, the dollar was worth 3.67 dirhams. However, it remains to be seen whether sovereign nations will impose sanctions against the UEDC. In other words, the jury is still out on whether UEDC will become another revolutionary and evolutionary token or fall into the trap of “junk” cryptocurrencies.
Aside from the name itself, the token’s closest connection to the Middle East also seems to be the image of a camel on the logo.
BeGlobal Finance is ready to shine on BSC!
The pre-sale raised 3,200 Binance (BNB) coins, which means that one of DeFi’s most anticipated launches on the Binance Smart Chain (BSC) is about to happen.
BeGlobal.finance aims to become your favorite DeFi site by providing all its features in one place: trading (swaps), non-fungible tokens (NFT) with multiple features and high yields, lending, launchpad, device optimization (auto-add) and other features to be announced soon.
BeGlobal.Finance is run by an open and highly skilled team that will provide you with a one-stop store for all your DeFi needs. Their goal is to become the largest BSC center.
CRO token: should we expect a bullish or bearish trend?
One of the most notable cryptocurrencies in the past few weeks is Crypto.com, ticker CRO. As the Crypto.com app has become more popular, its digital currency has also seen great success. Last week, CRO’s price rose nearly 58%.
It is now the 23rd largest cryptocurrency by market capitalization. The CRO token is Crypto.com Chain’s own token. Meanwhile, Crypto.com Chain is an open-source decentralized blockchain. The developer, Crypto.com is a payments, transaction and financial services company.
What is the origin of CRO?
Crypto.com Chain is one of the products in the Crypto.com Solution Series. It aims to accelerate the global adoption of cryptocurrency as a means of increasing personal control over money, protecting user data and user identity.
The CRO blockchain is primarily focused on providing a user-friendly experience for users of Crypto.com solutions for payments, transactions and financial services.
Companies utilizing Crypto.com’s verification and billing features allow their customers to pay in cryptocurrency. These companies then immediately receive payment in CRO, stablecoins, or fiat currency. Since CRO is Crypto.com’s proprietary token, it’s no surprise that many companies choose it for payment.
CRO holders can also place their coins on the Crypto.com chain as validators and receive a commission for processing transactions on the network. In addition, CRO coins can pay transaction fees on the Crypto.com network.