How To Trade on Binance: a Guide to Trading Cryptocurrency ...

@cz_binance: Binance Margin Trading Guide on @BinanceAcademy https://t.co/fQP9ooK9rS

submitted by rulesforrebels to BinanceTrading [link] [comments]

Margin level formula breakdown

Since the original post on /BinanceExchange didn't get any attention, I'm trying my luck here.
I'm trying to make sense of the formula for margin level calculation as brought out here: Margin Level = Total Asset Value / (Total Borrowed + Total Accrued Interest)
For example, if my collateral is 1 BTC, ETH/BTC price is 0.1 and I borrowed 10 ETH, how would the following values be calculated? - Total Asset Value - Total Borrowed - Total Accrued Interest
Is everything calculated in terms of base (ETH) or quote (BTC) asset?
An example based on my intuition. Let's say hour=1 and eth_hourly_interest_rate=0.001: - Total Asset Value = 1 BTC collateral + (10 ETH * current_price) = 2 BTC - Total Borrowed = 10 ETH * price_at_borrow = 1 BTC - Total Accrued Interest = hour * eth_hourly_interest_rate * current_price = 1 * 0.001 * 0.1 = 0.0001 BTC Therefore, margin level = 2 / (1 + 0.0001) = ~1.998
In this example, both current_price and price_at_borrow are the same for simplicity, but current_price would change after borrow while price_at_borrow will stay the same.
submitted by _discosultan_ to binance [link] [comments]

Margin level formula breakdown

I'm trying to make sense of the formula for margin level calculation as brought out here: Margin Level = Total Asset Value / (Total Borrowed + Total Accrued Interest)
For example, if my collateral is 1 BTC, ETH/BTC price is 0.1 and I borrowed 10 ETH, how would the following values be calculated? - Total Asset Value - Total Borrowed - Total Accrued Interest
Is everything calculated in terms of base (ETH) or quote (BTC) asset?
An example based on my intuition. Let's say hour=1 and eth_hourly_interest_rate=0.001: - Total Asset Value = 1 BTC collateral + (10 ETH * current_price) = 2 BTC - Total Borrowed = 10 ETH * price_at_borrow = 1 BTC - Total Accrued Interest = hour * eth_hourly_interest_rate * current_price = 1 * 0.001 * 0.1 = 0.0001 BTC Therefore, margin level = 2 / (1 + 0.0001) = ~1.998
In this example, both current_price and price_at_borrow are the same for simplicity, but current_price would change after borrow while price_at_borrow will stay the same.
submitted by _discosultan_ to BinanceExchange [link] [comments]

A highly detailed guide on Binance exchange: security, withdrawals, fees, margin trading, bonuses and much more

submitted by mPrestige to revain_org [link] [comments]

@cz_binance: RT @Revain_org: ⚡️Today we've added a "Company guide" tab to the @binance page on Revain! This guide covers all useful information about #Binance Exchange including fees, margin #trading, withdrawals, bonuses etc. 🔗Learn more: https://t.co/4J11BBVTmF https://t.co/POMtGHR6hV

@cz_binance: RT @Revain_org: ⚡️Today we've added a submitted by rulesforrebels to BinanceTrading [link] [comments]

A highly detailed guide on Binance exchange: security, withdrawals, fees, margin trading, bonuses and much more

submitted by mPrestige to binance [link] [comments]

We wrote a highly detailed guide on Binance exchange: security, fees, margin trading, withdrawals, bonuses and much more

submitted by mPrestige to CryptoMarkets [link] [comments]

@binance: #Binance Guides: How to trade quarterly futures 🔸 The #LOWEST taker fees. 🔸 #HIGH maker rebates. 🔸 #ZERO funding fees. 🔸 Up to #125x leverage. 🔸 Trade using #Bitcoin margin. Check it out for yourself: ➡️ https://t.co/jkiHuCnnVe https://t.co/PD8eTnq6lU

@binance: #Binance Guides: How to trade quarterly futures 🔸 The #LOWEST taker fees. 🔸 #HIGH maker rebates. 🔸 #ZERO funding fees. 🔸 Up to #125x leverage. 🔸 Trade using #Bitcoin margin. Check it out for yourself: ➡️ https://t.co/jkiHuCnnVe https://t.co/PD8eTnq6lU submitted by rulesforrebels to BinanceTrading [link] [comments]

@binance: RT @binance: #Binance Guides: How to trade quarterly futures 🔸 The #LOWEST taker fees. 🔸 #HIGH maker rebates. 🔸 #ZERO funding fees. 🔸 Up to #125x leverage. 🔸 Trade using #Bitcoin margin. Check it out for yourself: ➡️ https://t.co/jkiHuCnnVe https://t.co/PD8eTnq6lU

@binance: RT @binance: #Binance Guides: How to trade quarterly futures 🔸 The #LOWEST taker fees. 🔸 #HIGH maker rebates. 🔸 #ZERO funding fees. 🔸 Up to #125x leverage. 🔸 Trade using #Bitcoin margin. Check it out for yourself: ➡️ https://t.co/jkiHuCnnVe https://t.co/PD8eTnq6lU submitted by rulesforrebels to BinanceTrading [link] [comments]

@cz_binance: RT @binance: #Binance Guides: How to trade quarterly futures 🔸 The #LOWEST taker fees. 🔸 #HIGH maker rebates. 🔸 #ZERO funding fees. 🔸 Up to #125x leverage. 🔸 Trade using #Bitcoin margin. Check it out for yourself: ➡️ https://t.co/jkiHuCnnVe https://t.co/PD8eTnq6lU

@cz_binance: RT @binance: #Binance Guides: How to trade quarterly futures 🔸 The #LOWEST taker fees. 🔸 #HIGH maker rebates. 🔸 #ZERO funding fees. 🔸 Up to #125x leverage. 🔸 Trade using #Bitcoin margin. Check it out for yourself: ➡️ https://t.co/jkiHuCnnVe https://t.co/PD8eTnq6lU submitted by rulesforrebels to BinanceTrading [link] [comments]

@cz_binance: RT @binance: #Binance Margin Trading has now been enabled for Canadian Users 🇨🇦 Wondering how to get started? Check out @BinanceAcademy Quickstart guide:👇 https://t.co/YuufPADewO https://t.co/4J62gvItG3

submitted by rulesforrebels to BinanceTrading [link] [comments]

@binance: #Binance Margin Trading has now been enabled for Canadian Users 🇨🇦 Wondering how to get started? Check out @BinanceAcademy Quickstart guide:👇 https://t.co/YuufPADewO https://t.co/4J62gvItG3

submitted by rulesforrebels to BinanceTrading [link] [comments]

@cz_binance: RT @binance: Want to try your hand at margin trading or even just see what it's all about? Learn how Margin Trading on #Binance works with @BinanceAcademy’s guide: #TradingEvolved #LeverageYourKnowledge https://t.co/YuufPADewO

submitted by rulesforrebels to BinanceTrading [link] [comments]

@binance: Want to try your hand at margin trading or even just see what it's all about? Learn how Margin Trading on #Binance works with @BinanceAcademy’s guide: #TradingEvolved #LeverageYourKnowledge https://t.co/YuufPADewO

@binance: Want to try your hand at margin trading or even just see what it's all about? Learn how Margin Trading on #Binance works with @BinanceAcademy’s guide: #TradingEvolved #LeverageYourKnowledge https://t.co/YuufPADewO submitted by rulesforrebels to BinanceTrading [link] [comments]

@binance: @BoukhemiraAhcen @cz_binance Learn how Margin Trading on #Binance works from @BinanceAcademy ’s guide: https://t.co/YuufPADewO

@binance: @BoukhemiraAhcen @cz_binance Learn how Margin Trading on #Binance works from @BinanceAcademy ’s guide: https://t.co/YuufPADewO submitted by rulesforrebels to BinanceTrading [link] [comments]

Binance is giving away a total of 50.000 USD in SNX tokens to celebrate SNX being added to Binance Margin Trading

Binance is giving away a total of 50.000 USD in SNX tokens to celebrate SNX being added to Binance Margin Trading with 5x leverage on its BTC and USDT trading pairs. Pool is splitted into 3 different promotions:

Step by step guide

1 Only if you got no Binance Account > register for an account on Binance
Promotion A: 10% Trading Fee Discount & Exclusive Prize Pool of 10.000 USD in SNX Tokens for New Registered Users All users that register a new Binance account during the competition period and complete total trading volume (including both buys and sells) of 50 SNX or more will share an exclusive prize pool of 10,000 USD in SNX tokens.
Promotion B: Trade SNX on Binance to Win from a 25.000 USD Prize Pool of SNX Tokens! Users will be ranked based on the total SNX trading volume traded on their Binance account (including both buys and sells) across all SNX trading pairs during the competition period.
1st place: 8.000 USD in SNX tokens 2nd place: 4.000 USD in SNX tokens 3rd place: 3.000 USD in SNX tokens 4th-10th place: split 10.000 USD in SNX tokens equall
Promotion C: Trade SNX to Share a Bonus 15.000 USD in SNX Tokens! All users with a total trading volume (including both buys and sells) of 1.000 SNX or more during the competition period will equally share a prize pool of 15.000 USD in SNX tokens
submitted by FoxXxNews to AirdropsGiveaways [link] [comments]

Binance 3-Year Anniversary Event! Over $250,000 in BNB, CHR & PNT Tokens to be Won! (2020/07/11 0:00 AM - 2020/07/18 0:00 AM (UTC))

NOT RECOMMENDED: the price you get is not withdrawable, you can only use it to trade and it is released when you trade a total volume of 3 BTC, within 15 days.
Activity Period: 2020/07/11 0:00 AM - 2020/07/18 0:00 AM (UTC)
To celebrate Binance’s 3rd anniversary, Binance is holding a gift program with tasks for all Binance users to complete during the activity period, giving away a total of 10,000 BNB, 180,000 CHR, and 75,000 PNT tokens!
Please ensure that you update your App to the latest versions!
Step by step guide
1 Register on Binance
2 Verfiy your email
3 Complete a trade on Binance during the activity period.
4 Receive a gift after 4:00 AM (UTC) on the following day.
5 Share this gift on social media or with your friends.
6 When a friend opens the gift, you will both receive a random reward of up to $100 in tokens each!

3 Different Gifts to Collect!
Users will be able to collect one of each of the BNB, CHR and PNT gifts to share with their friends.

Notes & Terms:

Risk warning: Cryptocurrency investment is subject to high market risk. Binance is not responsible for any direct, indirect or consequential losses as a result of the trading competition. Please make your investments with caution.
submitted by FoxXxNews to AirdropsGiveaways [link] [comments]

The Ultimate Guide to Binance Leveraged Tokens | Binance News

The Ultimate Guide to Binance Leveraged Tokens | Binance News
Leveraged Tokens (LT) will eliminate this trade-off and allow users to safely use leverage without having to worry about liquidation risks and save effort when managing a leveraged investment position.
Although LT in the past time is widely known for its advantages, it is also extremely controversial and causes misunderstanding from users. Compared to traditional leveraged margin products, LT has much less profitability in the long term.
Despite these shortcomings, LT still receives a lot of attention from global users. So, Binance took action to fix the problems of existing tokens and launched Binance Variable Leveraged Tokens (BLVT).
https://preview.redd.it/nb9vhdxpqxg51.jpg?width=750&format=pjpg&auto=webp&s=3476e5a653ec49932253e127f325394da1bcec28
What is Binance Variable Leveraged Tokens?
Binance Variable Leverage Tokens (BLVTs) - Binance Mobile Leverage Tokens - are designed to overcome the limitations users often encounter in traditional leveraged tokens. Unlike the existing LTs, BLVT does not maintain a “fixed” level of leverage. Instead, BLVT uses a mobile lever frame that ranges from 1.5x to 3x.
It can be traded on the Binance spot market and derives its value from the Binance Futures non-term BTC contract. Currently, there are two types of BLVT: BTCUP and BTCDOWN.
  • BTCUP allows users to get a leveraged return of 1.5 to 3x as the price of Bitcoin increases.
  • In contrast, BTCDOWN allows you to make money when the price of Bitcoin falls.
BLVT will track fluctuations in the estimated value of demand positions and changes in leverage.
More details visit here: https://vakafx.com/detail/the-ultimate-guide-to-Binance-leveraged-tokens
submitted by vakafxofficial to u/vakafxofficial [link] [comments]

Kava CDP Mainnet Resources (USDX Minting, BNB for DeFi Lending, etc)

Interested in learning more about Kava's June 10th launch of its CDP Mainnet? Well, check out these links & guides! Most relevant are bolded!

Educational

Guides
All About BNB As Kava's 1st Supported Asset! [The Who, How, When, Where, & Why]
All About Crypto Paydays! (Deep Dive) [The Kava DeFi Lending Rewards Program]
All About Kava’s DeFi Lending [DeFi Lending For Beginners!]
Information
June 10th CDP Mainnet Launch [Kava's DeFi Lending Platform Goes Live]
All About Binance Margin Trading Competition! [The Tesla Cyber Truck]
Crypto Payday (Quick Dive) [The BNB Pre-Registration Campaign]
Resources
List of Official Binance & Kava Docs [Announcements, and Dev Tools]
Frequently Asked Questions [DeFi Lending Section]
Recap of Kava x Binance English AMA [From May 28th, 2020]

Links

Official Announcements
Latest Kava Status Update [Published: June 30th, 2020 on Kava Medium]
Kava's CDP Announcement [Kava ANN From Their Medium Blog]
Official Binance/Kava Joint PR [Regarding The June 10th CDP Mainnet Launch]
Trade KAVA to Win a Tesla Cybertruck and $27,800 in KAVA Tokens! [Published: June 9th, 2020 on Binance.com]
Binance Will Support the Upcoming Kava (KAVA) Mainnet Upgrade [Published: June 8th, 2020 on Binance.com]
Binance Enables Isolated Margin Trading for KAVA [Published: June 4th, 2020 on Binance.com]
Binance Savings Adds KAVA to Flexible Savings [Published: June 5th, 2020 on Binance.com]
Binance Research Report on Kava Labs [Published: June 15th, 2020 on Binance.com
General News Coverage

YouTube Coverage
submitted by Kava_Mod to KavaUSDX [link] [comments]

The Kava Wiki (This Is The Guide You've Been Looking For!)

Wiki Intro Use this Wiki as a tool to help you w/ your research. There are many different "rabbit holes" for you to explore! This section will update daily w/ new info.

Most Relevant Link

KAVA CDP Mainnet Launch (Companion Wiki) [A Collection of Resources Regarding The June 10th Launch]

General Educational Guides

Quick Dive

Blockchain For Dummies Description
Quick Kava Overview

Deep Dive

All About Kava’s DeFi Lending
All About Kava’s Interoperability
All About Kava as an Oracle Provider
All About Kava’s Journey To Become A Cosmos Hub
All About Community Governance

Specific Educational Guides

Kava CDP Mainnet Launch

All About The June 10th CDP Mainnet Launch
All About BNB As Kava's 1st Supported Asset!

Crypto Payday Promotion

All about the BNB Pre-Registration (Quick Dive)
All About Crypto Paydays! (Deep Dive)

Tesla Cyber Truck Competition

All About Binance Margin Trading Competition!

Newsworthy Items

All About The dForce Hack
All About The Chainlink Partnership

General Resources

List of Kava Communities!
List of Kava Partnerships!
List of Official Kava Docs!
List of News Articles!
List of YouTube Videos!
List of Podcasts!
Frequently Asked Questions!
The Kava AMA Tracker! (Q&A)

Kava Whitepaper!

  • Only 6 Pages Long
  • Nothing But Pictures
  • About A 5 Minute Read
submitted by Kava_Mod to KavaUSDX [link] [comments]

[Part 1] KAVA Historical AMA Tracker! (Questions & Answers)

ATTN: These AMA questions are from Autumn 2019 - before the official launch of the Kava Mainnet, and it's fungible Kava Token.
These questions may no longer be relevant to the current Kava landscape, however, they do provide important historical background on the early origins of Kava Labs.
Please note, that there are several repeat questions/answers.

Q1:

Kava is a decentralized DEFI project, why did you implement the countries restrictions to run the node? Will there be such restrictions by the time of the mainnet?

Q2:

According to the project description it has been indicated that staking reward (in KAVA tokens) varies from 3 to 20% per annum. But how will you fight with inflation?

We all know how altcoins prices are falling, and their bottom is not visible. And in fact, we can get an increase in the number of tokens for staking, but not an increase in the price of the token itself and become a long-term investor.

  • Answer: Kava is both inflationary with block rewards, but deflationary when we burn CDP fees. Only stakers who bond their Kava receive inflationary rewards - users and traders on exchanges do not get this. In this way, rewards are inflated, but given to stakers and removed value from the traders who are speculating like a tax. The Deflationary structure of fees should help counterbalance the price drops from inflation if any. In the long-term as more CDPs are used, Kava should be a deflationary asset by design if all things go well

Q3:

In your allocation it is indicated that 28.48% of the tokens are in the "Token treasury" - where will these tokens be directed?

  • Answer: Investors in financing rounds prior to the IEO have entered into long-term lock-up agreements in-line with their belief in Kava’s exciting long-term growth potential and to allow the projects token price to find stability. Following the IEO, the only tokens in circulation will be those sold through the IEO on Binance and the initial Treasury tokens released.
  • No private sale investor tokens are in circulation until the initial release at the end of Q1 2020 and then gradually over the [36] months The initial Treasury tokens in circulation will be used for a mixture of ecosystem grants, the expenses associated with the IEO as well as initial market making requirements as is typical with a listing of this size. Kava remains well financed to execute our roadmap following the IEO and do not envisage any need for any material financings or token sales for the foreseeable future.

Q4:

Such a platform (with loans and stable coins) is just the beginning since these aspects are a small part of many Defi components. Will your team have a plan to implement other functions, such as derivatives, the dex platform once the platform is successfully launched?

  • Answer: We believe Kava is the foundation for many future defi products. We need stable coins, oracles, and other infrastructure first that Kava provides. Once we have that, we can apply these to derivatives and other synthetics more easily. For example, we can use the price feeds and USDX to enable users to place 100x leverage bets with each other. If they both lock funds into payment channels, then they can use a smart contract based on the price feed to do the 100x trade/bet automatically without counter party risk. In this way, Kava can expand its financial product offerings far beyond loans and stable coins in the future.

Q5:

There are several options for using USDX on the KAVA platform, one of which is Margin Trading / Leverage. Is this a selection function or a compulsory function? Wondering since there are some investors who don`t like margin. What is the level of leverage and how does a CDP auction work?

  • Answer: This is a good #Q . Kava simply provides loans to users in USDX stable coins. What the users do is completely up to them. They can use the loans for everyday payments if they like. Leverage and hedging are just the main use cases we foresee - there are many ways people can use the CDP platform and USDX.

Q6:

Most credit platforms do not work well in the current market. What will you do to attract more people to use your platform and the services you provide? Thank you

  • Answer: Most credit platforms do not work well in the current market? I think that isn't correct at least for DeFi. Even in the bear market, MakerDao and Compound saw good user growth. Regardless, our efforts at Kava to build the market are fairly product and BD focused. 1) we build more integrations of assets and expand financial services to attract new communities and users. 2) we focus on building partnerships with high quality teams to promote and build Kava's core user base. Kava is just the developer. Our great partners like Ripple, Stakewith.Us, P2P, Binance - they have the real users that demand Kava. They are like our system integrators that package Kava up nicely and present it to their users. In order to grow, we need to deepen our partnerships and bring in new ones around the world.

Q7:

KAVA functions as a reserve currency in situations where the system is undercollateralized. In such cases new KAVA is minted and used to buy USDX off the market until USDX becomes safely overcollateralized.

Meaning, there will be no max supply of KAVA?

  • Answer: Yes, there is no max supply of Kava.

Q8:

Why Kava?

  • Answer: ...because people are long BTC and the best way to go long BTC without giving up custody is Kava's platform. Because it is MakerDao for bitcoin. Bitcoin has a 10x market cap of ETH and Maker is 10x the size of Kava. I think we're pretty undervalued right now.

Q9:

How do you plan to make liquidity in Kava?

  • Answer: Working with Binance for the IEO and as the first exchange for KAVA to trade on will be a huge boost in increasing the liquidity of trading KAVA.

Q10:

Most crypto investors or crypto users prefer easy transaction and low fees, what can we expect from KAVA about this?

  • Answer: Transaction fees are very low and confirm if seconds. The user experience is quite good on Tendermint-based blockchains.

Q11:

How do I become a note validator on KavA?

Q12:

It is great to know that KAVA is the first DEFI-supported project sponsored by Binance Launchpad, do you think this is the meaning that CZ brings: Opening the DEFI era, as a leader, you feel like how ?

  • Answer: We are the first DeFi platform that Launchpad has supported. We are a very strategic blockchain for major crypto like BNB. Kava's platform will bring more utility to the users of BNB and the Binance DEX. It feels good of course to have validation from the biggest players in the space like Cosmos, Ripple, CZ/Binance, etc.

Q13:

Since decentralized finance applications is already dominating, how do you intend to surpass those leading in the market?

  • Answer: The leaders are only addressing ethereum. BTC, XRP, BNB, ATOM is a much larger set to go after that current players cannot.

Q14:

What does Ripple play in the Kava's ecosystem, since Ripple is like a top tier company and it’s impressive that you are partnered with them?

  • Answer: Ripple is an equity investor in Kava and a big supporter of our work in cross-chain settlement research and implementations. Ripple's XRP is a great asset in terms of users and liquidity that the Kava platform can use. In addition, Ripple's money service business customers are asking for a stable coin for remittances to avoid the currency heading risk that XRP presents. Ripple will not use USDC or other stable coins, but they are open to using USDX as it can be XRP-backed.

Q15:

Considering the connectivity, Libra could be the biggest competitor if KAVA leverages interchain for efficiency.

  • Answer: With regard to USDX, it is important to understand the users interacting with the Kava blockchain have no counterparty that people could go after for legal actions. A user getting a USDX loan has no counterparty. The software holds the collateral and creates the loan. The only laws that would apply are to the very users that are using the system.

Q16:

Wonder how KAVA will compete with the tech giants

  • Answer: Libra is running into extreme issues with the US Senate and regulators. Even the G7-G20 groups are worried. Its important to understand that Libra is effectively a permissioned system. Only big companies that law makers can go after are able to run nodes. In Kava, nodes can be run by anyway and our nodes are based all over the world. It's incredibly hard for a law maker to take down Kava because they would need to find and legally enforce hundreds of business in different jurisdictions to comply. We have an advantage in this way over the larger projects like Libra or Clayton.

Q17:

In long-term, what's the strategy that KAVA has for covering the traditional finance users as well? Especially regarding the "stability"

  • Answer: Technical risk is unavoidable for DeFi. Only time will tell if a system is trustworthy and its never 100% that it will not fail or be hacked. This is true with banks and other financial systems as well. I think for DeFi, the technical risk needs to be priced in to the expected returns to compensate the market. DeFi does have a better user experience - requiring no credit score, identity, or KYC over centralized solutions.
  • With our multi-collateral CDP system, even with it overcollateralized, people can get up to 3x leverage on assets. Take 100 USD in BTC, get a USDX loan for 66 USDX, then buy $66 BTC and do another loan - you can do this with a program to get 3x leverage with the same risk profile. This is enough for most people.
  • However, it will be possible once we have Kava's CDP platform to extend it into products that offer undercollateralized financial products. For example, if USER 1 + USER 2 use payment channels to lock up their USDX, they can use Kava's price feeds to place bets between each other using their locked assets. They can bet that for every $1 BTC/USD moves, the other party owes 3x. In this way we can even do 100x leverage or 1000x leverage and create very fun products for people to trade with. Importantly, even in places where margin trading is regulated and forbidden, Kava's platform will remain open access and available.

Q18:

In long-term, what's the strategy that KAVA has for covering the traditional finance users as well? Especially regarding the "stability"

  • Answer: Kava believes that stable coins should be backed not just by crypto or fiat, but any widely used, highly liquid asset. We think in the future the best stablecoin would be backed by a basket of very stable currencies that include crypto and fiat or whatever the market demands.

Q19:

Compound, maker they're trying to increase their size via the competitive interests rates. THough it shows good return in terms of growth rate, still it's for short-term. Wonder other than financial advantage, KAVA has more for the users' needs?

  • Answer: Robert, the CEO of Compound is an investor and advisor to Kava. We think what Compound does with money markets is amazing and hope to integrate when they support more than just Ethereum assets. Kava's advantage vs others is to provide basic DeFi services like returns on crypto and stable coins today when no other platform offers that. Many platforms support ETH, but no platform can support BTC, XRP, BNB, and ATOM in a decentralized way without requiring centralized custody of these assets.

Q20:

The vast majority of the cryptocurrency community's priorities is symbolic pricing. When prices rise, the community rejoices and grows. When they fall, many people begin to cast in a negative way. How will KAVA solve the negative problem when the price goes down? What is your plan to strengthen and develop the community to persuade more people to look at the product than the price?

  • Answer: We believe price is an important factor for faith in the market. One of Kava's key initiatives was selecting only long-term partners that are willing to work with kava for 2 years. That is why even after 6 months, 0 private investor or kava team tokens will be liquid on the market.
  • We believe not in fast pumps and then dumps that destroy faith, but rather we try and operate the best we can for long-term sustainable growth over time. It's always hard to control factors in the market, and some factors are out of our control such as BTC price correlations, etc - however, we treat this like a public company stock - we want long-term growth of Kava and try to make sure our whole community of Kava holders is aligned with that the best we can.

Q21:

Do you have any plans to attract non-crypto investors to Kava and how? What are the measures to increase awareness of kava in non-crypto space?

  • Answer: We are 100% focused on crypto, not the general market. We solve the problems of crypto traders and investors - not the average grandma who needs a payment solution. Kava is geared for decentralized leverage and hedging.

Q22:

Adoption is crucial for all projects and crypto companies, what strategy are you gonna use/follow or u are now following to get Kava adopted and used by many people all over the world?

Revenue is an important aspect for all projects in order to survive and keep the project/company up and running for long term, what are the ways that Kava generates profits/revenue and what is its revenue model?

  • Answer: We have already partnered with several large exchanges, long-term VCs, and large projects like Ripple and Cosmos. These are key ways for us to grow our community. As we build support for more assets, we plan to promote Kava's services to those new communities of traders.
  • Kava generates revenue as more people use the platform. As the platform is used, KAVA tokens are burned when users pay stability fees. This deflates the total supply of Kava and should in most cases give rise to the value of KAVA like a stock-buyback in the public markets.

Q23:

In order to be success in Loan project of Cryptocurrency, I think marketing is very important to make people using this service without any registration. What is main strategy for marketing?

  • Answer: Our main strategy is to build a great experience and offer products that are not available to communities with demand. Currently no DeFi products can serve BTC users for example. Centralized exchanges can, but nothing truly trustless. Kava's platform can finally give the vast audiences of BTC, BNB, and ATOM holders access to core DeFi services they cannot get on their own due to the smart contract limitations of those platforms.

Q24:

Currently, some project have policies for their ambassadors to create a contribution and attract recognition for the project! So the KAVA team plans to implement policies and incentives for KAVA ambassadors?

  • Answer: Yes, we will be creating a KAVA ambassador program and releasing that soon. Please follow our social media channels to learn about it in the coming weeks.

Q25:

Currently there are so many KAVA tokens sold on exchanges, why is this happening while KAVA is going to IEO on Binance? Are those KAVA codes fake or not?

  • Answer: For everyone's safety, please understand Kava tokens do not exist yet and they will only exist starting with the Binance IEO. Any other token listings or offerings of Kava are not supported by Kava Labs and I highly discourage you all from trying to get them there. It is most likely a big scam. Please only trust Binance for this.

Q26:

KAVA have two tokens, the first is called Kava - a governance and staking token; the second is called USDX - an algorithmically managed crypto-backed stable coin. What are the advantages of USDX compared to other stablecoins such as: USDT, USDC, TUSD, GUSD, ...?

  • Answer: USDX is one of the few stablecoins to be fully backed by crypto-assets. This means that we do not deal with fiat to back the value, and thus we don't have some of the issues when it comes to storing fiat funds with banks and custodians. This also makes our product fully digital and built for the future of crypto growth.

Q27:

As a CEO, does your background in Esports and Gaming industry help anything to your management and development of KAVA Labs?

  • Answer: Esports no. But having been a multi-time venture-backed foundeCEO and have gone through the start-up phase before has made creating and running a 2nd company easier. Right now Kava is still small, Fnatic had over 80 employees. It was at a larger scale. I would say developing software is much more than doing the hardware at fnaticgear.com

Q28:

Why did Kava choose to launch IEO on Binance and not other exchanges like: Kucoin, Houbi, Gate, ....?

  • Answer: Kava had a lot of interest from exchanges to partner with for IEO. We decided based on a lot of factors such as userbase, diverse exposure across multiple regions and countries, and an amazing team that provides so much insight into so many communities such as this one. Binance has been a tremendous partner and we also look forward to continuing our partnership far into the future.

Q29:

Currently if Search on coinmarketcap has 3 types of stablecoins bearing the USDX symbol (but these 3 stablecoins are no information). So, what will KAVA do to let users know that Kava's USDX is another stablecoin?

  • Answer: All these USDX have no volume or listings. We will be on Binance. I am not worried.

Q30:

In addition to the Token Allocation for Binance Launchpad, what is the Token Treasury in the Initial Circulating Supply?

  • Answer: This is controlled by Kava Labs, but with the big cash we have saved from fundraising, we see no reason why these tokens would be sold on the market. The treasury tokens are for use in grants, ecosystem growth initiatives, development, and other incentive programs to drive adoption of the platform.

Q31:

How you will compete with your competitors? Currently i don't see much but for future how you will maintain this consistency ? No doubt it is Great and Unique project, what is the main problem that #KAVA is currently facing?

  • Answer: Because our industry is just starting out, I don't like to think of them as our direct competitors. We are all working to grow the size of the pie rather than get a larger slice from a small pie. The one thing that we believe will allow us to stand apart is the community we are building. Being able to utilize our own community along with Cosmos and our other partners like Binance for the IEO, we have a strong footing to get a lot of early users onto our platform. Also, we are also focusing on growing Kava internationally particularly Asia. We hope to build our platform for an even larger userbase than just the west.

Q32:

How do you explain your project to a random person who has never heard of your project?

  • Answer: non-crypto = Kava is a lending platform for users of cryptocurrencies.
  • crypto = Kava is a cross-chain DeFi platform for loans and stablecoins backed by BTC, BNB, XRP, ATOM and other major cryptocurrencies.

Q33:

Will KAVA team have a plan on implementing DAO module on your platform since its efficiency on autonomy, decentralization and transparency?

  • Answer: All voting is already transparent on the Kava blockchain. We approved a number of proposals on our test net.

Q34:

how to use usdx token :only for your platform or you have plan to use usdx for payment ?

  • Answer: Payments is a nice use case, but demand for crypto payments is still small. We may choose to focus here later if demand for crypto payments increases. Currently it is quite small with the bulk of use remaining in trading and speculative use cases.

Q35:

Do you have plans to spread KAVA ecosystem across other continents. if yes, what are the strategies and how can I as a community member contribute to making it possible?

  • Answer: We are already across many continents - I don't think we are in antarctica yet. Africa might be light on nodes as well. I think as we grow on major exchanges like Binance, new node operators will get interested and help decentralize Kava further.

Q36:

Maker's CDP lending system is on top in this market and its Dominance is currently sitting on 64.90 % , how kava will compete will maker and compound?

  • Answer: adding assets like bitcoin which have more value and more users than ETH. It's a bigger market that Maker cannot compete with Kava in.

Q37:

Currently, the community is too concerned about the price. As prices rise, the community rejoice and grow, when falling, many people start throwing negatively. So what is KAVA's solution to getting people to focus on the project rather than the price of the token?

What is your plan to strengthen and grow the community to persuade more individuals to look at the product than the price?

  • Answer: We also share similar concerns as price and price direction is always a huge factor in the crypto industry. A lot of people of course are very short-term focused on flipping for bigger profits. One of the solutions, and what Kava has done, is to make sure that everything structured is for the long-term. So that makes sure that our investors and employees are all focused on long-term gains and growth. Locking vesting periods are part of that alignment. Another thing is that we at Kava are very transparent in our progress and development. We will be regularly posting updates within our own communities to allow our users and followers to keep up with everything we're up to. Please follow us or look at our github if you're interested!

Q38:

How did Kava get on Piexgo?

  • Answer: We did not work with Piexgo. We have not distributed tokens to any exchange other than Binance. I cannot speak to what is going on there, but I would be very wary of what is happening there.

Q39:

Why was the 1st round price so much lower than the current price

  • Answer: It is natural to worry that early investors got better pricing and could dump on the market. I can assure you that our investors are in this for the long-term. All private sale rounds signed 2 year contracts to run validators - and if they don't they forfeit their tokens. You can compare our release schedule to any other project. We have one of the most restricted circulating supply schedules of any project EVER and its because all our investors are commiting to the long-term success of the project and believe in Kava.
  • About the pricing itself - it is always a function of traction like for any start-up. When we made our public announcement about the project in June, we were only a 4 man team with just some github code. We could basically run a network with a single node, our own. Which is relatively worthless. I think our pricing of Kava at this time was justified. We were effectively a seed-stage company without a product or working network.
  • By July we made severe progress on the development side and the business side. We successful launched our first test net with the help of over 70 validator business partners around the world. We had a world-wide network of hundreds of people supporting us with people and resources at this point and the risk we would fail in launching a working product was much lower. At this point, the Kava project was valued at $25M. At this point, we had many VCs and investors asking for Kava tokens that we turned away. We only accepted validators that would help us launch the network. It was our one and only goal.
  • Fast forward to today, the IEO price simply reflects the traction and market demand for Kava. Our ecosystem is much larger than it was even a month ago. We have support from Ripple, Cosmos, and Binance amongst other large crypto projects. We have 100+ validators securing our network with very sophisticated high-availability set-ups. In addition, our ecosystem partners have built products for Kava - such as block explorers and others are working on native integrations to wallets and exchanges. Launchpad will be very big for us. Kava is a system designed to cater to crypto traders and investors and in a matter of days we distributed via Binance Launchpad and put in the hands of 130+ countries and tens of thousands of users overnight. It doesn't get more DeFi than that.

Q40:

What is the treasury used for?

  • Answer: Kava's treasury is for ecosystem growth activities.
  • Investors in financing rounds prior to the IEO have entered into long-term lock-up agreements in-line with their belief in Kava’s exciting long-term growth potential and to allow the projects token price to find stability. Following the IEO, the only tokens in circulation will be those sold through the IEO on Binance and the initial Treasury tokens released. No private sale investor tokens are in circulation until the initial release at the end of Q1 2020 and then gradually over the [36] months The initial Treasury tokens in circulation will be used for a mixture of ecosystem grants, the expenses associated with the IEO as well as initial market making requirements as is typical with a listing of this size. Kava remains well financed to execute our roadmap following the IEO and do not envisage any need for any material financings or token sales for the foreseeable future.

Q41:

Everyone have heard about the KAVA token, and read about it. But it would be great to hear your explanation about it. What is the Kava token, what is it's utility? :)

  • Answer: The Kava token plays many roles. KAVA is the native staking token of the Kava blockchain and is used for securing the network. KAVA is delegated to validators, basically professional node operators that run highly-available servers to secure the Kava blockchain. The top 100 validators by weight of staked KAVA earn block rewards that range from 3-20% APR based on the total amount staked in the network. These rewards are split between the validators and the KAVA holders.
  • When users of the platform repay their loans, they must a stability fee (a percentage of the loan) in KAVA tokens. These tokens are burned by the system, effectively deflating the total supply overtime as more users use the CDP system.
  • KAVA is also the primary token used in governance of the platform. KAVA token holders can vote on key system parameter changes and upgrades such as what assets to support, how much USDX in total can be loaned by the system, what the debt-to-collateral ratio needs to be, the stability fees, etc. KAVA holders have a very important responsibility to govern the system well.
  • Lastly, Kava functions as a "Lender of Last Resort" meaning if USDX ever gets undercollateralized because the underlying asset prices drop suddenly and the system manages it poorly, KAVA is inflated in these emergency situations and used to purchase USDX off the market until USDX reaches a state of being over collateralized again. KAVA holders have incentive to only support the good high quality assets so risk of the system is managed responsibly.

Q42:

No matter how perfect and technically thought-out a DeFi protocol is, it cannot be completely protected from any unplanned situations (such as extreme market fluctuations, some legal issues, etc.)

Ecosystem members, in particular the validators on whom KAVA relies on fundamental decision-making rights, should be prepared in advance for any "critical" scenario. Considering that, unlike the same single-collateral MakerDAO, KAVA will be a multi-collateral CDP system, this point is probably even more relevant here.

In this regard, please answer the following question: Does KAVA have a clear risk management model or strategy and how decentralized is / will it be?

  • Answer: Simialar to other CDP systems and MakerDAO we do have a system freeze function where in cases of extreme issues, we can stop the auction mechanisms and return all collateral.

Q43:

Did you know that "Kava" is translated into Ukrainian like "Coffee"? I personally do love drinking coffee. I plunge into the fantasy world. Why did you name your project "Kava" What is the story behind it? What idea / fantasy did your project originate from, which inspired you to create it?

  • Answer: Kava is coffee to you.
  • Kava is Hippopotamus to Japanese.
  • Cava is a region in Spain
  • Kava is also a root that is used in tea which makes your mouth numb.
  • Kava is also crow in Hindi.
  • Kava last but not least is a DeFi platform launching on Binance :)
  • We liked the sound of Kava it was as simple as that. It doesn't have much meaning in the USA where I am from. But it's short sweet and when we were just starting, Kava.io was available for a reasonable price

Q44:

What incentives does a lender get if a person chooses to pay with KAVA? Is there a discount on interest rates on the loan amount if you pay with KAVA? Do I have to pass the KYC procedure to apply for a small loan?

  • Answer: There is no KYC for Kava. Its an open blockchain software platform where anyone with a computer can connect to it and use it.

Q45:

Let's say, I decided to bond my cryptocurrency and got USDX stable coins. For now, it`s an unknown stable coin (let's be honest). Do you plan to add USDX to other famous exchanges? Also, you have spoken about the USDX staking and that the percentage would be higher than for other stable coins. Please be so kind to tell us what is the average annual interest rate and what are the conditions of staking?

  • Answer: Yes we have several large exchanges willing to support USDX from the start. Binance/Binance-DEX is one you should all know ;)
  • The average annual rates for USDX will depend on market conditions. The rate is actually provided by the CDP fees users pay. The system reallocates a portion of those fees to USDX users. In times when USDX use needs to grow, the rates will be higher to incentivize use. When demand is strong, we can reduce the rates.

Q46:

Why should i use and choose Kava's loan if i can use the similar margin trade on Binance?

  • Answer: If margin is available to you and you trust the exchange then you should do whatever is cheaper. For a US citizen and others, margin is often not available and if it is, only for a few asset types as collateral. Kava aims to address this and offer this to everyone.

Q47:

The IEO price is $ 0.46 while the price of the first private sale is $ 0.075. Don't you think that such price gap can negatively affect the liquidity of the token and take away the desire to buy a token on the exchange?

  • Answer: It is natural to worry that early investors got better pricing and could dump on the market. I can assure you that our investors are in this for the long-term. All private sale rounds signed 2 year contracts to run validators - and if they don't they forfeit their tokens. You can compare our release schedule to any other project. We have one of the most restricted circulating supply schedules of any project EVER and its because all our investors are commiting to the long-term success of the project and believe in Kava.
  • About the pricing itself - it is always a function of traction like for any start-up. When we made our public announcement about the project in June, we were only a 4 man team with just some github code. We could basically run a network with a single node, our own. Which is relatively worthless. I think our pricing of Kava at this time was justified. We were effectively a seed-stage company without a product or working network.
  • By July we made severe progress on the development side and the business side. We successful launched our first test net with the help of over 70 validator business partners around the world. We had a world-wide network of hundreds of people supporting us with people and resources at this point and the risk we would fail in launching a working product was much lower. At this point, the Kava project was valued at $25M. At this point, we had many VCs and investors asking for Kava tokens that we turned away. We only accepted validators that would help us launch the network. It was our one and only goal.
  • Fast forward to today, the IEO price simply reflects the traction and market demand for Kava. Our ecosystem is much larger than it was even a month ago. We have support from Ripple, Cosmos, and Binance amongst other large crypto projects. We have 100+ validators securing our network with very sophisticated high-availability set-ups. In addition, our ecosystem partners have built products for Kava - such as block explorers and others are working on native integrations to wallets and exchanges. Launchpad will be very big for us. Kava is a system designed to cater to crypto traders and investors and in a matter of days we distributed via Binance Launchpad and put in the hands of 130+ countries and tens of thousands of users overnight. It doesn't get more DeFi than that.
  • TLDR - I think KAVA is undervalued and the liquid supply of tokens is primarily from the IEO so its a safer bet than other IEOs. If the price drops, it will be from the overall market conditions or fellow IEO users not due private sale investors or team sell-offs.

Q48:

Can you introduce some information abouts KAVA Deflationary Fee Structure? With the burning mechanism, does it mean KAVA will never reach its max supply?

  • Answer: When loans are repaid, users pay a fee in Kava. This is burned. However, Kava does not have a max supply. It has a starting supply of 100M. It inflates for block rewards 3-20% APR AND it inflates when the system is at risk of under collateralization. At this time, more Kava is minted and used to purchase USDX off the market until it reaches full collateralization again.
  • TLDR: If things go well, and governance is good, Kava deflates and hopefully appreciates in value. If things go wrong, Kava holders get inflated.

Q49:

In your opinion what are advantage of decentralized finance over centralized?

  • Answer: One of the main advantages is not needing to pay the costs of regulation and compliance. Open financial software that is usable by anyone removes middle men fees and reduces the barrier for new entrants to enter and make new products. Also DeFI has an edge in terms of onboarding - to get a bank account or an exchange account you need to do lots of KYC and give private info. That takes time and is troublesome. With DeFi you just load up your funds and transact. Very fast user flows.

Q50:

Plan, KAVA how to raise capital? Kava is being supported by more than 100 business entities around the world, including major cryptocurrency investment funds like Ripple and Cosmos, so what did kava do to convince investors to join the project?

  • Answer: We have been doing crypto research and development for years. Ripple and Cosmos were partners before we even started this blockchain with Kava Labs. When we announced Kava the DeFi platform they knew us already to do good work and they liked the idea so they support us.
submitted by Kava_Mod to KavaUSDX [link] [comments]

HUOBI – THE EXCHANGE BUILT FOR THE FUTURE - A HONEST REVIEW BY AN USER

HUOBI – THE EXCHANGE BUILT FOR THE FUTURE - A HONEST REVIEW BY AN USER
HUOBI – THE EXCHANGE BUILT FOR THE FUTURE
A HONEST REVIEW BY AN USER
https://preview.redd.it/3il28cidztt41.png?width=313&format=png&auto=webp&s=b7c7ccafde202532977305d9be044ba9c7f88e42
Leon Li founded Huobi in 2013, a former computer engineer at Oracle. Huobi Global is a digital asset and crypto currency exchange headquartered in Singapore. Huobi also has local exchanges in South Korea, Japan, and through its strategic partner, the United States.
The Huobi Group, the parent company of Huobi Global, has received venture capital finance from prominent Beijing based ZhenFund and American VC firm Sequoia Capital.
The Huobi Global exchange serves traders in 130 countries. Through Huobi Global, traders can access almost 200 crypto and stable coin assets. Huobi users can download trading clients on both mobile and desktop devices.
Huobi has traded over US$1.2 trillion in digital assets, and at one time it was the world’s leading exchange by volume, capturing 50% of all global trading volume.
In terms of security, Huobi has adopted a decentralized exchange structure, which helps to resist DDOS attacks. However, Huobi has implemented the ‘Huobi Security Reserve, in which Huobi has set aside 20,000 BTC reserved for users who have lost funds either due to hacks, or exchange failures.
Ease of use
The UI is clean, user-friendly and perfectly designed with all the basic requirements for a crypto-trader. The charting software is provided by Tradingview, which is exactly what you want.
https://preview.redd.it/nm2fr51mztt41.png?width=602&format=png&auto=webp&s=16c406a4eec33a1c28d2bcb5330bee6b043fc359
Huobi OTC
Huobi’s OTC exchange is a good initiative. The Huobi OTC exchange allows users to trade funds peer-to-peer which doesn’t affect the market price of the underlying asset. The OTC trading-desk, with transfer options like bank-transfers, PayPal, WU, Paytm, UPI, IMPS, Alipay & many others, is an easy to use payment gateway. With a secure exchange to diversify your investment, right next door, too with effective list of Buy and Sell options for BTC, ETH, USDT and EOS coins.
https://preview.redd.it/66c2zr2oztt41.png?width=602&format=png&auto=webp&s=41899be5c02791f9f5323b957ad13d092b5275f7
Huobi Lite
Huobi Lite App provides a convenient channel for everyone to buy cryptocurrencies at the best prices. Tailor-made for beginners, traders, and users.
We can download the App directly from the respective iOS Store or Google Play Store. Alternatively, we may access via the link: https://lite.huobi.com/download
https://preview.redd.it/tw8p8cmpztt41.png?width=260&format=png&auto=webp&s=88f4d4d45b8b287d452f02547adfd187f2b09977
On Huobi Lite, you can buy Bitcoin with your local currencies, credit card, or exchange cryptocurrencies tokens, with zero fees at competitive prices. Huobi Lite currently supports MYR / HKD / VND / USD (Credit Card deposit only), with more to come in the future.
Huobi Derivative Market (Huobi DM)
Margin Trading
Huobi Global launched Huobi Derivative Market (Huobi DM) exchange to selected countries. It provides margin trading, with very low daily loan interest rates of 0.1%. Margin Trading allows users to increase their investment exposure given a limited base principal to enjoy multiple returns.
3-Steps taken in Margin Trading:
  1. Request for Loan
  2. Trade on Margin (Long/Short)
  3. Repay Margin Loan and Interest
With the introduction of Cross Margin on Huobi, users will have to explicitly input the respective margin type before executing the above 3 steps. Balances on the Cross Margin balance does not show on the Isolated Margin balance.
Huobi Futures
Huobi Futures is a kind of digital currency derivatives. Users can make a profit from the rising/falling of digital currencies prices by going long or selling short based on their own judgment.
The Huobi Futures Contract adopts spread delivery. When the contract expires, all open positions will be closed at the index-based last-hour arithmetic average price, instead of physical delivery.
BTC/ETH/EOS/LTC/XRP/BCH/TRX/BSV/ETC Contracts are available on Huobi DM. Contracts are priced in USD, with corresponding digital currency (BTC/ETH/EOS/LTC/XRP/BCH/TRX respectively) as margin to open positions, and PnL is also settled in corresponding digital currency.
Weekly, bi-weekly and quarterly contracts are available in Huobi DM. Weekly contracts will be settled on imminent Friday; Bi-weekly contracts will be settled on next Friday; Quarterly contracts will be settled on the last Friday of March, June, September and December.
Choices of leverage: 1x, 5x, 10x, 20x
Huobi Perpetual Swap
Huobi introduced Perpetual Swaps on March 27, 2020 (GMT+8). Huobi Perpetual swap is a kind of digital currency derivatives. Users can make a profit from the rising/falling of digital currencies prices by going long or selling short based on their own judgment. Similar to a margin spot market, its price is close to the price of the underlying reference index. The main mechanism for anchoring spot prices is the cost of funds. Perpetual swap have no delivery date. Users can always hold it. Perpetual swap are settled every 8 hours. After each settlement, the realized profit/loss and unrealized profits/losses are transferred to the user account balance.
Partial Liquidation
Huobi Futures adopted partial liquidation to help position holders reduce liquidation risk. Users with large positions and high leverage bear high risk. Huobi Futures releases partial liquidation with the aim to lower possible losses due to high price volatility thus giving users better trading experience.
Under partial liquidation mechanism, when liquidation is triggered, instead of liquidating all positions at once, the system reduces positions gradually till a grade whose margin ratio is great than 0. Full liquidation will only occur when the margin ratio of tier 1 upper limit net position still fails to be great than 0.
Trading Fees
The Huobi exchange has a fair trading fee structure. Every asset traded via Huobi Global is subject to a 0.2% trade fee, for both market makers and takers. Further, Huobi Global has introduced a tiered fee system which offers competitively lower fees for high volume traders. VIP membership gives access to various fee reductions and other benefits.
Huobi Prime
Huobi Prime, the Launchpad platform which we can call Direct Premium Offering (DPO), does share some similarities with initial exchange offerings (IEO) like Binance Launchpad, but it is unique as it is not a fundraising platform, and any coins purchased on the platform are immediately deposited into the users’ wallets and tradable on Huobi Global. Huobi Prime offers its users early access to the coins of premium projects, which can be bought using its native crypto currency, the Huobi Token. To avoid dumping, Huobi has implemented an innovative idea of a period of tiered price limits.
Huobi FastTrack
Huobit FastTrack, rebranded from Huobi Prime Lite, is a new listing model. Wherein, all participants will have a direct say in what projects are listed on Huobi Global and when. In addition, winning voters will get access to quality tokens at below market rates. The program also provides much needed exposure and a straightforward listing process.
Huobi Wallet
https://preview.redd.it/6iux5zotztt41.png?width=602&format=png&auto=webp&s=fef6f6d6813ec82a70df28b160fe18ba2237daba
Huobi Wallet is the official mobile wallet of Huobi Group, a leading global digital asset financial service provider. It is a multi-chain asset management tool that provides native support for various types of blockchains and all of the ERC20 tokens. So far Huobi Wallet supports BTC, BCH, LTC, ETH, ETC, USDT and all ERC20 tokens.
Huobi wallet is the first wallet to expand support to cover seven stablecoins including, Paxos Standard Token (PAX), TrueUSD (TUSD), USD Coin (USDC), Gemini Dollar (GUSD), Dai (DAI), Stasis EURS (EURS), and Tether (USDT).
Huobi Wallet is built based on the core principle of security-first. The wallet gives back its users, complete control of their private keys. In simple terms, You own your assets. The wallet is backed up with mnemonics, so in future when you want to import your wallet, it’s just simple few clicks.
Currently, the wallet is compatible with both iOS and Android devices and you can download both from here (www.huobiwallet.com/en)
Huobi Chain
Huobi launched Huobi Chain’s Testnet (“the Testnet”) on February 29th 2020 (GMT+8). Huobi Chain is China’s autonomous cum compliant-ready blockchain platform, and is committed to providing a global, blockchain-based, digital asset infrastructure. Huobi Chain is committed to providing a high-performance, blockchain-based, global digital asset infrastructure. Once the Mainnet goes live, Huobi Chain will announce HT- related events: e.g. pledge HT to be a Super Node, etc.
HT Lock & Mine (Huobi Pool)
Huobi launched HT Lock and Mine operations on 25th July 2019 (GMT+8). Users who lock HT tokens receive daily HPT rewards. Specific reward quantity will depend on lock option period selected, quantity locked and Huobi Pool’ s mining hash power and daily float.
DPOS Rewards: All Huobi Global users with more than 1,000HPT holdings in their HBG account will receive DPOS mining rewards. Currently, token reward received under DPOS mining include EOS, TRX, CMT, ONG, IOST, ATOM, IRIS, LAMB。
Huobi Support
Users of the Huobi exchange can access 24/7 live chat and Huobi help center. Those facing issues can also open a support ticket to have their issue resolved by an expert representative immediately.
The Huobi Group has a very active YouTube channel, featuring Huobi Talk, where it posts user tutorials, detailed guides, and crypto currency information for traders.
What I like the most about Huobi
  1. An established platform that’s been operating since 2013, which is a long time in the crypto world.
  2. Highly secured with decentralized exchange structure, which helps to resist DDOS attacks. Huobi has never suffered a large hack.
  3. Huobi Security Reserve of 20000 BTC to compensate users’ loss of funds.
  4. Dedicated, fast and 24/7 customer support.
  5. Regulated in major jurisdictions.
  6. User interface is very smooth and clean.
  7. Over 230 crypto assets are available.
  8. User education program is good initiative.
  9. Separate trading desk for institution and firm size users.
  10. Very transparent about its operations, listings and projects.
  11. Huobi Wallet is secured and very easy to operate.
  12. Huobi mobile app is smooth and very easy to use.
  13. Competitive fees.
  14. Has taken serious steps towards avoiding wash trading.
  15. Impressive array of trading pairs.
  16. Has given more important on community participation, like voting for listing, mining pool, Huobi Knights program etc.
  17. I like Huobi Prime because of following reasons: -
(a) Purchased tokens are immediately deposited into user’s accounts,
(b) As projects launch exclusively through Huobi Prime from day one, all users get assets at the best price.
(c) Tiered price limits on the platform protect both investors and projects from immediate dump.
  1. Huobi screen projects and launches which are only the best. I don’t have to worry about poor or scammy projects.
  2. Burning of HT is a great move and it would benefit long term holders.
Join Huobi by click here: https://www.huobi.com/en-us/topic/invited/?invite_code=7zkb4
Visit
Huobi Global: https://www.huobi.com/en-us/
Join Indian Group: https://t.me/huobiglobalindia
Global telegram Channel: https://t.me/huobiglobalofficial
Join Huobi by click here: https://www.huobi.com/en-us/topic/invited/?invite_code=7zkb4
submitted by VinayTM to HuobiGlobal [link] [comments]

Bitcoin Futures Trading Guide in 5 min - YouTube Binance Margin Trading Tutorial ✅ Margin Trading Tutorial in 5 minutes Tutorial: How to Margin Trade on Binance 👨‍🏫 - YouTube Binance Margin Trading Full guide for beginner to pro in HINDI - CRYPTOVEL

It also means that, coupled with the Basic trading view on offer, and the various account types, Binance is a great choice of exchange for newcomers to the world of crypto trading. So now that you know what the trading environment looks like on Binance, and the type of trades you are able to place, let’s consider the range of fees and other ... How to get profit from Binance Margin Trading. We’ve just a standard limit order on Binance if you wanted to buy up to 100 dollars’ worth or maybe even a thousand dollars’ worth of bitcoin. You can do it right here on the exchange but you’re limited to whatever funds you actually have available. Guide du Trading sur Marge. Partager. Copied to clipboard! Comment ouvrir un compte de Trading sur marge avec Binance. Une fois connecté à votre compte Binance, déplacez votre souris vers le coin supérieur droit et passez votre curseur sur l'icône de votre profil. L’icône est différente pour tout le monde car elle montre les deux ... In this Binance Margin Trading 10 Step Guide, Krisha goes over the following: Binance Margin Account Setup; Deposits & Withdrawals; Margin Level & Liquidations; Binance Long Trade; How to Short on Binance & OCO Order Setup. Binance Margin Trading has opened a new window of opportunity to traders everywhere. Much of the allure of trading ... The Entry of Binance into Margin Trading. After months of deliberation and suspense, The world’s largest cryptocurrency exchange Binance has officially launched margin trading for “evolving cryptocurrency traders.” The service is being offered under the revamped platform “Binance 2.0,” claiming to allow users to move funds easily from the Margin Wallet to their primary Binance Wallet ...

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Bitcoin Futures Trading Guide in 5 min - YouTube

In this episode we will demonstrate in a quick and clear manner on how to use margin on Binance exchange. Trading with margin is riskier in comparison with trading purely with your own funds, so ... Updated Tutorial here: https://youtu.be/88C3kBKohpM Binance save 10% on fees: https://www.binance.com/en/futures/ref/blockbuilders In this video I am going t... In this video I am going to show you how margin trading on Binance works. Margin trading gives you the option to trade with leverage on Binance. ... A Complete Idiots Guide To The Binance Trading ... =====(binance futures trading)===== Bitcoin Futures Trading Guide in 5 min #binance us #binance margin trading #binance live Full Playlist: PLlSpnA4SfLnc79wf... Trade Binance Futures here: https://www.binance.com/en/futures/BTCUSDT Sign up to Binance for a 10% discount on spot/margin fees here: http://bit.ly/Binance1...

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