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PRESS RELEASE. Canada, Alberta – Cryptocurrency has become a hot topic in recent years, capturing the attention of investors and traders alike. While it has faced its fair share of controversies, it has also opened up new possibilities and transformed the financial sector. With the rise of cryptocurrency, there has been a surge in the number of exchanges that facilitate the buying and selling of digital assets; with the fall of FTX, traders have become more aware of whether their digital assets are within their own key, boosting the popularity of decentralized exchanges. Among these exchanges is the emerging decentralized spot and perpetual trading exchange, DAMX, which has quickly gained popularity in the market. What sets DAMX apart from other exchanges is its focus on providing benefits to both investors and traders. The exchange supports low swap fees and zero-price impact trades, making it an attractive option for those looking to minimize costs. Additionally, DAMX has a unique multi-asset pool that rewards liquidity providers fees from market making, swap fees, and leverage trading. This pool incentivizes users to contribute to the liquidity of the exchange, leading to a more active market and better trading opportunities. Perpetual Trading and Staking on DAMX One of the key features of DAMX is its perpetual futures trading. Perpetual contracts are a popular means of trading in the cryptocurrency market, and DAMX has made it accessible to traders on its platform. With perpetual contracts, traders can bet on the future price of an asset without actually buying it. This allows them to profit from both upward and downward price movements, opening up new opportunities for trading. Another standout feature of DAMX is its staking program. Holding the DAMX token unlocks a range of benefits, including the ability to stake tokens and earn rewards. Users that stake DAMX receive three types of rewards: escrowed DAMX, multiplier points, and FTM rewards. The exchange converts 30% of fees generated from swaps and leverage trading to FTM and distributes them to staked DAMX tokens. This program encourages users to hold onto their tokens and contribute to the liquidity of the exchange, leading to a more stable and active market. DAMX NFT Collection DAMX’s NFT collection ”DAMX Robot Club” also plays a huge role within the ecosystem to benefit the users with extra incentives to trade within the platform. All the NFTs holders will be entitled to: Earn 10% of all DAMX Platform fees Airdropped 10% of incentives for users’ fund DAMX’s first choice: Fantom DAMX is built on the Fantom blockchain, which offers several advantages over other blockchains. One of the most significant advantages is its scalability. The Fantom network can handle a large volume of transactions per second, making it an ideal platform for trading. Additionally, the network provides high levels of security and decentralization, ensuring that transactions are safe and secure. The exchange’s underlying technology is designed to maintain the features of a decentralized exchange (DEX) while aggregating purpose-built price feeds to provide traders with the necessary tools to reduce the risk of liquidations. This approach harnesses liquidity from several DEXs, minimizing slippage on large orders while optimizing swap fees and token prices. The aggregators also protect users from pricing effects and failed transactions, providing a better user experience for the community. DMAX has quickly emerged as a top-tier exchange in the cryptocurrency industry with its continuous development and growing community. The platform’s focus on sustainability, low-cost fees, and security has made it a favorite among traders and investors alike. With dynamic pricing supported by Chainlink Oracles and an aggregate of prices from leading volume exchanges, DAMX has cemented its position as a leader in the world of cryptocurrency trading. Caution: DAMX token has not been released yet, and code audit is in progress. Website: https://dmxdao.com Twitter: https://twitter.com/DmxDao Telegram: https://t.me/DMX_Community Announcement Channel: https://t.me/DMX_Announcement Medium: https://medium.com/@DMXDAO Discord: https://discord.com/invite/gWRfAVa6rw Github: https://github.com/orgs/dmxdao/repositories Contact: Name: David Wan, CEO Email: david@dmxdao.com URL: https://dmxdao.com         This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
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SPONSORED POST* According to leading crypto analysts, three tokens that are worth keeping an eye on in 2023 are Collateral Network (COLT), VeChain (VET), and Fantom (FTM). Presently, Collateral Network is in its presale phase, offering early investors the unparalleled chance to grab COLT tokens at a steep discount. Collateral Network (COLT) Collateral Network is a new platform for accessing and providing loans. It uses blockchain tech to allow borrowers to use their own assets as collateral to secure a loan quickly. Thus, Collateral Network enables borrowers to access low-cost loans faster without worrying about complex credit evaluations and sky-high interest rates. The real USP of Collateral Network is the minting of NFTs to represent the assets used as collateral. As these NFTs are fractionalized, multiple lenders can join in to provide the needed loan amount. Collateral Network opens up the peer-to-peer lending industry to a new class of lenders and borrowers, who have traditionally been locked out due to the rigid nature of traditional finance. Collateral Network’s smart contracts automate the entire lending process, and its native token (COLT) is used to provide liquidity to lenders and borrowers on Collateral Network. Holders of COLT tokens also receive favorable borrowing rates, reduced fees, and staking rewards. The Collateral Network presale is underway, offering an opportunity for investors to buy COLT tokens at a discount before they are listed on exchanges. With so much early demand for Collateral Network (COLT), crypto analysts expect the price of COLT tokens to skyrocket 3,500% in the following months. >>BUY COLT PRESALE TOKENS NOW<< VeChain (VET) VeChain (VET) is an innovative public blockchain project specifically designed for enterprise and industrial applications, providing a comprehensive Blockchain as a Service (BaaS) platform. Since launching its mainnet in 2018, VeChain (VET) has emerged as an essential tool for businesses worldwide seeking more secure digital solutions. VeChain (VET) employs a proof-of-authority (PoA) consensus mechanism to process transactions more efficiently, while not compromising on decentralization. This allows businesses to use the VeChain (VET) blockchain for a wide range of applications, including supply chain management, product traceability, cross-border payments, and digital asset storage. A distinguishing characteristic of VeChain (VET) is its dual-token system, which comprises VET as the primary network token and VTHO as the secondary token utilized for covering on-chain fees. This dual-token approach promotes stability, scalability, and liquidity within the VeChain (VET) network. Regarding its value, VeChain (VET) is presently hovering around the $0.023 support level. If the cryptocurrency market maintains its bullish momentum, VeChain (VET) could potentially rise to the $1 level in the long term. >>BUY COLT PRESALE TOKENS NOW<< Fantom (FTM) Fantom (FTM) is an advanced blockchain platform that employs Directed Acyclic Graph (DAG) technology to deliver rapid, scalable, and secure smart contract solutions. Fantom (FTM)’s DAG is a unique distributed data structure that enables parallel processing and quicker confirmation times compared to conventional blockchain architectures. For organizations evaluating various blockchain options, Fantom (FTM) stands out as a strong contender due to its exceptional speed and scalability. This is demonstrated by the adoption of Fantom (FTM) by governments worldwide for their IT infrastructure needs. The FTM token serves as a medium of exchange within the Fantom (FTM) network. As more innovators adopt Fantom (FTM) for their initiatives, the demand for this promising asset is expected to grow. In terms of value, Fantom (FTM) has risen from $0.2 to its current price of $0.41, reflecting a gain of 105%. This surge indicates that a growing number of investors recognize Fantom (FTM)’s potential as a rival to Ethereum (ETH). For More Information About Collateral Network Presale: Website: https://www.collateralnetwork.io/ Presale: https://app.collateralnetwork.io/register Telegram: https://t.me/collateralnwk Twitter: https://twitter.com/Collateralnwk *This article was paid for. Cryptonomist did not write the article or test the platform.
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SPONSORED POST*   The latter part of the year looks promising, and crypto investors can make the most of it by updating their crypto holdings with high-profit potential altcoins. Few crypto assets have shown signs of experiencing a value increase soon, and they may reward investors’ optimism about them. Fantom (FTM) and Polkadot (DOT) are part of the altcoins you may not regret being optimistic about, with Dogetti (DETI) equally being a potentially profitable future buy. The altcoins may reward holders’ trust, as they hope to impress in the coming months. Crypto enthusiasts can expect a fair price pump from Fantom (FTM) and Polkadot (DOT) towards the year’s end. At the same time, Dogetti (DETI) will likely have an impressive presale run, building momentum to become a top Doge when it enters the mainstream market. You should consider these altcoins for your portfolio after proper research. Fantom (FTM) Remains a Great Ethereum Alternative Fantom is a layer-1 smart contract platform running on a DAG (Directed Acyclic Graph). The decentralized network provides users with DeFi services while supporting dApp and digital assets creation and smart contract execution. The open-source blockchain platform was built to solve the common problems associated with conventional blockchain and smart contract platforms, especially the issue of the trilemma. Fantom leverages different technology, including Lachesis, a bespoke consensus algorithm, to ensure optimum performance. The scratch-built consensus mechanism powers security and the platform’s functionalities. Fantom boasts better transaction speed (below two seconds) than most smart contract platforms, making users tip it as a good Ethereum alternative. Fantom’s EVM compatibility enables developers to port decentralized applications built on Ethereum to the platform easily. It provides users with the resources needed to integrate existing dApps seamlessly and has built-in technology that supports DeFi-related services. Fantom has an optimized staking reward system backed by its native token, FTM. Fantom token (FTM) backs every activity on the network, and it’s an exchangeable crypto asset. The altcoin is a promising DeFi coin with a high propensity to increase in value, and holders may enjoy yield from the low-price token if it eventually rallies towards its $3+ peak price. Currently, Fantom (FTM) sells under $1, which could be a bargain entry price for potential adopters. Polkadot (DOT) Holders Could Get Reward for Patience Polkadot (DOT) is expected to have a better run in the coming months, and patient holders could yield the dividends of their patience. The valuable crypto asset is one of the most watched, with about $6+ billion market capitalization. Polkadot (DOT) has a good record of value increase during favorable conditions, and market analysts believe it can keep up the good form during the latter part of the year. Polkadot (DOT) could recover from the bear market effect before the year ends. This would see it rally from its less than $10 current market price to a profitable double-figure price region. Although, market price predictors doubt it could reach its previous $55 peak price or set a new one. Irrespective, Polkadot (DOT) remains a good purchase option, and patient investors will likely enjoy returns from the crypto asset. Dogetti (DETI) Aims to Build The Biggest Crypto Family  Dogetti is a family-focused meme coin. The project developers aim to channel strength toward improving the adoption and prominence of the meme coin through a community-building approach. Dogetti will incentivize every community member by leveraging its reflection protocol, allowing users to earn about 2% of generated tax revenue. This will spur active participation and contribute to the Dogetti family’s growth. The Dogetti ecosystem will feature a decentralized exchange (DEX) for the secure and seamless exchange of Erc-20 tokens. It will equally feature a Decentralized Autonomous Organization (DAO) where Dogetti governance and everything related to policy implementation and decision-making occurs. Dogetti token (DETI) will back all these utilities. It is now available on presale, and now is the best time to opt-in for the presale to ensure you make the most of the project’s perceived profitability. For more information on Dogetti Presale: https://dogetti.io/how-to-buy Website: https://dogetti.io/ Telegram: https://t.me/Dogetti Twitter: https://twitter.com/_Dogetti_ *This article was paid for. Cryptonomist did not write the article or test the platform.
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