Kategorie: Crypto Markets

• Bitget launched a dedicated website for Turkish users on Monday.
• Bitget Turkey features a Fiat Gateway that allows using TRY to trade.
• TokenInsight named it among the top 4 centralised exchanged in Q1.

Bitget continues to execute on its commitment to expand globally. On Monday, the crypto exchange formally entered Turkey with a dedicated website – Bitget TR.

Turkey is a fast-growing crypto market

Its new website aims at offering localized services to the crypto enthusiasts in Turkey. The transcontinental country is rapidly growing in terms of crypto adoption.

The launch of Bitget TR enables us to provide localized, convenient, and compliant crypto services to users in Turkey.

Last month, Bitget had successfully registered as a Virtual Asset Service Provider (VASP) in Poland (read more). TokenInsight names it among the top four centralised exchanges in the first quarter of 2023.

Bitget now has a team of 1,300 across more than 60 countries and regions.

Bitget TR comes with a Fiat Gateway

More importantly, Bitget Turkey features a Fiat Gateway as well that enables local users to use TRY – the Turkish Lira to trade on the website.

The user-friendly platform allows Turkish users to easily make deposits or withdraw funds in their local currency. Gracy Chen, the Managing Director of Bitget said in a press release today:

We will continue to gain trust and recognition with the launch of more localized services in collaboration with local partners.

Bitget that has the legendary Lionel Messi as a partner continues to expand its footprint at a time when peers Binance and Coinbase are facing intense scrutiny from the U.S. Securities and Exchange Commission.

The post Bitget formally enters Turkey with a new website appeared first on CoinJournal.

• Binance Austria GmbH has revoked its license application as a virtual asset service provider from the Austrian Financial Market Authority (FMA).
• So far, Binance has withdrawn registration in the Netherlands and the United Kingdom.
• The only European countries where Binance is legally operating are France, Italy, Spain, Poland, Sweden, and Lithuania.

Binance Austria GmbH, a wholly owned subsidiary of Binance, has cancelled its license registration from the Austrian Financial Market Authority (FMA) amid the increasing hitches stemming from the problems that Binance has had with financial authorities worldwide.

After facing increased regulatory obstacles from the US Securities and Exchange Commission (SEC) and in Europe, cryptocurrency exchange Binance has withdrawn its license applications in different European countries including the United Kingdom and the Netherlands as earlier reported here.

However, Binance is still legally registered to operate in Sweden, Italy, Spain, France, Poland, and Lithuania. Belgium’s financial regulator, last week, also ordered Binance to cease all services in the country.

While responding to a prominent media outlet, a Binance spokesperson said:

“We are unable to share details of our conversations with regulators, however, we remain committed to acting in compliance with our obligations wherever Binance operates. Our current focus in Europe is on ensuring that we will be in full compliance with the requirements of MiCA (Markets in Crypto Assets) when it is implemented at the end of next year.”

Binance Austria GmbH

Binance reportedly launched Binance Austria GmbH in 2022 with the aim of obtaining a license for the subsidiary.

However, the subsidiary is said to have had a hard time with the Austrian regulator leading to the decision to cut short its license application process in the wake of the global condemnation of the exchange.

The post Binance drops its license application in Austria appeared first on CoinJournal.

• The Chancer presale has raised $357,330.51 since launch.
• The presale seeks to raise $15 million in twelve stages.
• The price of the CHANCER token is expected to gradually rise through the twelve stages to $0.021.

Top prediction markets tokens including TotemFi (TOTM), Gnosis (GNO), Augur (REP), Polkamarkets (POLK), PlotX (PLOT), and OptionRoom (ROOM) have been trending in the last week. Polkamarkets (POLK) has gained the most at 9.56% in the last seven days, followed by Gnosis (GNO) and PlotX (PLOT) that has gained 9.25% and 6.77% respectively.

Well, while the prediction markets tokens are responding to the current bullish crypto market sentiment, a new predictions market token entrant, CHANCER, is making waves since its presale launch. CHANCER’s parent platform is the world’s first decentralized predictive market-making platform that is leveraging blockchain to decentralize betting.

The decentralized prediction marker maker trailblazer

The new betting platform, Chancer, aims to firmly place bettors in control of the betting markets. By allowing users to design their own betting markets, choose their own odds, and set their own rules, it has completely changed the betting industry.

The designers of Chancer, Adam and Paul Kelbie, are confident that the betting platform will fundamentally change the way people wager and unquestionably bring gambling back to life.

Chancer positions itself as a betting facilitator rather than a betting establishment by allowing betters to create peer-to-peer (P2P) bets. The types of bets that can be made by gamblers range from small, informal wagers among close friends to massive, viral bets involving thousands of gamblers, like picking the winner of the Best Director Oscar or forecasting the Champions League final score.

Additionally, Chancer accepts wagers on any prediction or event, not just sports, in contrast to the majority of bookmakers. Users of Chancer have total control over their wagers due to its decentralized nature.

The native token of Chancer, “CHANCER,” which is a Binance Smart Chain (BSC) token currently in the presale phase, is used for all bet payouts.

As a great incentive for different types of investors, Chancer’s well-planned roadmap outlines a variety of product use cases for the CHANCER token after the presale.

Chancer’s main goal is to achieve and maintain true decentralization. No one party can take over the network thanks to true decentralization. Users will be able to control decision-making in the platform’s development and operation under quadratic governance thanks to the platform’s proof of stake consensus mechanism.

Investors confident in Chancer

Investors are optimistic about the CHANCER token’s value in addition to the betting platform’s potential for greatness due to its novel approach to betting that uses blockchain to democratize market setting and management.

CHNACER is being sold for $0.01 in the first stage of the current presale. However, interested parties can only buy their CHANCER tokens with BNB or BUSD tokens.

The Chancer presale timelines state that the price of CHNACER is anticipated to keep increasing with each stage of the presale, reaching $0.021 in the final stage, stage 12 which according to the roadmap is expected to be concluded in Q2, 2023.

The post Chancer presale 35% sold out as top prediction markets tokens turn green appeared first on CoinJournal.

• WavesDAO is a For-Profit DAO on the Power Protocol platform aimed to support the development of Waves Blockchain-based projects.
• Market maker DWF Labs has committed 500K WAVES to the WavesDAO project.
• The WavesDAO is seeking to channel a third of Waves miners’ rewards into the Waves DAO during the initiation period.

WAVES price has hit a daily high of $2.82 today after a 91.23% price surge in 24 hours. While the surge caught most crypto traders by surprise, the price movement was coming seeing that global digital asset market maker and web3 investment firm DWF labs had shown commitment to the WavesDAO project.

DWF Labs, on June 22, announced its support for the launch of WavesDAO by committing 500K WAVES to Waves staking and voting to support the WavesDAO project. DWF Labs’ participation in the DAO initiative will go a long way in empowering developers to build on the Waves Blockchain.

What is WavesDAO?

WavesDAO is a For-Profit decentralized organization (DAO) on the Power Protocol platform aimed to support the development of Waves Blockchain-based projects and other initiatives.

Essentially, a governor is expected to have a minimum of 1 PWR to participate in the DAO and 100 PWR staked for the initiation of a proposal to succeed.

At the moment, WavesDAO is seeking to channel a third of Waves miners’ rewards into the Waves DAO. However, this proposal needs to be approved by Waves miners and stakers through on-chain voting.

WavesDAO stands as a pioneering decentralized autonomous organization on the Power Protocol platform. It will be managed by PWR token stakers, which makes it an investment vehicle for the community.

The post DWF Labs vote of confidence to the WavesDAO project sends WAVES price up 91% appeared first on CoinJournal.