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Next-Generation P2P Trading Platform, CryptoLocally, Now Supports ETH, USDT (ERC-20), and DAI

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CryptoLocally

CryptoLocally, a next-generation peer-to-peer (P2P) trading platform, has recently announced the support for Ethereum-based tokens. With this announcement, the first Ethereum-based digital assets to be added are Ether (ETH), Tether USDT (ERC-20), and DAI. This is part of CryptoLocally’s ongoing effort to give its customers the very best trading experience, offering its customers the most exciting and relevant crypto assets in the industry. In a very short period of time CryptoLocally has established itself as one of the leading P2P trading venues.

The Ethereum Blockchain

The Ethereum Blockchain hosts many if not all of the biggest and most relevant decentralised finance applications, emerging as the leading platform for DeFi applications. This is not a surprise as Ethereum has always been a market leader in token issuance and smart contracts, both important elements in the realisation of DeFi.  With the imminent release of ETH 2.0 which upgrades the blockchain to scale to mass adoption, the CryptoLocally team has added Ethereum to its next-generation P2P trading platform. Ethereum joins the growing list of high-performance blockchains already traded on the platform.

Why ETH, USDT (ERC-20), and DAI?

ETH is the native coin on the Ethereum blockchain. Currently, it is the second-largest crypto based on market capitalisation, only behind Bitcoin (BTC). Once ETH 2.0 is released, holders will be able to participate in consensus activities by staking their  ETH to help secure the network and get rewarded accordingly.

Tether (USDT ERC-20) is the leading Stablecoin in the industry. The ERC-20 variant of USDT accounts for more than 60% of all issued USDT with over $6 billion USD worth of Tether issued. This is twice as much as the next biggest variant of TRC-20 USDT which stands at around $2.88 billion USD worth of Tether. Currently, Tether is the 3rd largest cryptocurrency by market capitalisation just behind ETH.

While it is only the third-largest cryptocurrency, it ranks first in terms of daily trading volume. Launched in 2014, Tether was the first stablecoin created in the industry.

DAI is a collateral-backed decentralised stablecoin. Like Tether, the DAI is pegged to the U.S. dollar (USD). However, unlike Tether and other stablecoins relying on a 1:1 US dollar backing to maintain its value, DAI maintains its peg through over-collateralisation with cryptocurrencies such as ETH and more recently BAT. In simple terms, DAI maintains its peg to the U.S. dollar through a mechanism interacting with supply and demand.

Trading In CryptoLocally

CryptoLocallyCryptoLocally is a trusted provider of peer-to-peer (P2P) digital asset marketplace with no intermediary. It houses one of the industry’s most comprehensive payment methods not even seen in more established and well-know trading venues. People can meet in person, send a bank transfer, or use the various payment processors— all of which the buyer and seller decide to use. These are all done securely under the protection of CryptoLocally’s revolutionary smart contract escrow system.

CryptoLocally offers one of the fastest and easiest onboarding processes in the industry. A valid E-mail address is all you need to register an account. New users can find themselves trading minutes after registration as KYC (know-your-customer) is not required. Once registered users can immediately start trading in CryptoLocally, no prior experience required. Online assistance is available through the website’s integrated live webchat or through CryptoLocally’s community Telegram channels.

Trading Ethereum-based digital assets will follow the same simple and easy trading process that the CryptoLocally is known for. Existing users will just have to select the desired ERC-20 cryptocurrency they wanted to trade. Like all the digital assets traded in the platform, ETH, USDT, and DAI are all protected by a blockchain-based escrow service that protects transactions all throughout the entire trading process.

Disclaimer: This is a paid press release. Readers should do their own due diligence before taking any actions related to any company, product or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release. 

Press Releases

YFIII: the Favourable Investment Opportunity for the Last Quarter of 2020

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YFIII DeFi

In the wake of the global economy, investors all over the world are seeking for their interest in making a profit in a safe and effective way. In the crypto world, that hope is likely viable with good profit and trustworthy projects created upon hi-tech platforms. YFIII is one of those projects, which is getting more and more attention from investors. 

What is YFIII?

YFIII is a decentralized finance platform that allows users to perform a host of functions such as trading and aggregated liquidity. Moreover, it also is the first platform to integrate Uniswap SDK and staking on-chain.

Since release time on Sep 13, 2020, the YFIII project has gained large support from the global community. The number of group members has increased massively by 2000 members a month. 

Noticeable Attributes

YFIII offers users three fundamental attributes such as Token Swap, Token Staking, and Yield Farming. 

  • With token swap: It allows users to easily swap from ETH, DAI, USDC, or USDT to YFIII and vice versa. 
  • With Token staking: Interest rate decreases gradually every 2 weeks. Tokens will be locked within 2 weeks once you finish staking. After 2 weeks, these tokens will be unlocked and users will receive tokens staked as well as the interest respectively. Users can completely cancel staking and take the tokens back any time.
  • Yield farming will be released at the beginning of 2021. 

YFIII

How to trade YFIII? 

Currently, investors can simply buy or sell YFIII tokens on Uniswap, Indoex, and will be soon on some other exchanges namely: Probit, OKEx, Huobi,… The project is also preparing the last progress for Coingecko and CMC listing. 

YFIII 2

YFIII’s price has raised up to 380% per day after being officially listed on Uniswap on September 13th, 2020 – a very impressive figure. Having said that, by the well-thought plan and a clear orientation of the YFIII team, this project completely is an opportunity that should not be missed. 

YFIII: Big chance – Big profit

Join with us at https://t.me/yfiii_money

Our website: https://yfiii.money/

Disclaimer: This is a paid press release. Readers should do their own due diligence before taking any actions related to any company, product, or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product, or service mentioned in this press release. 

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Press Releases

Sikix Exchange Launches with MoonPay as a Payments Partner

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Sikix Exchange Launches

Sikix.io, a world-leading decentralised exchange (DEX) offering an advanced, secure, and transparent crypto trading platform, is going live. 

The platform promises to pioneer decentralised exchange offerings with truly global deployment. There will be stable and efficient services to millions of cryptocurrency investors globally. 

The DEX deploys 11 witness nodes distributed in 8 countries on four continents, ensuring users’ ultimate trading experience worldwide. Sikix also provides lightning-fast network speeds, allowing users to complete an order in 3 seconds. 

This new exchange achieves excellent trading speeds without compromising transactions’ security due to its advanced consensus mechanism of ByteTrade Blockchain. The “Match-Chain” built on the ByteTrade 2-layer blockchain structure makes Sikix unique from other decentralised exchanges by providing stable and high- speed order matching services. 

In ByteTrade, users can enjoy secure on-chain trading experiences as fast as 1 second. Furthermore, the multi-platform nature guarantees the ability to trade anywhere and anytime.

Getting Started on Sikix

SIKIX Dashboard

Users can start trading on the unique platform by creating an account and entering their login details (name and password). After that, the system will offer a mnemonic phrase, which is essential to save for future account access restoration.

Next, account owners must verify their email address, phone number, and install Google two-factor authentication for their account. These measures help boost security on Sikix and protect accounts from frauds and scammers. Multi-signature in all supernodes further bolsters security on the platform.

Sikix Exchange strives to return to decentralisation by allowing each owner to keep private keys by themselves and master 100% of fund management rights. It locks all users’ assets in smart contracts.

The decentralised trading system currently supports BTC, USDT, ETH, CMT, and other top blockchain assets. In the future, it will add more crypto assets.

Don’t miss the opportunity to use the services of the Sikix decentralised exchange and become truly independent.

Sikix Partners With MoonPay

Sikix has now partnered with fiat-to-crypto provider MoonPay to offer users a seamless means to purchase various cryptocurrencies in minutes.. 

The DEX will host MoonPay’s payment services on its website to facilitate purchases of over 50 crypto assets with all major debit/credit cards. 

Users can also buy crypto via bank transfers (EU and UK), virtual cards, and new mobile payment methods such as Apple Pay.

MoonPay accepts payments in over 160 countries globally, including the US, Europe, Japan, Vietnam & South Korea. By partnering with the prominent payment provider, Sikix exchange aims to make crypto accessible to everyone. 

The exchange has deployed a referral program dubbed “Refer a Friend” that pays a commission to attract new traders to the platform. 

The program follows a well-designed 5-tier affiliate reward system that allows users to earn a commission from their friends’ friends. The DEX also offers a nice bonus for NGN coin users by enabling them to deposit Paystack. 

About MoonPay 

MoonPayMoonPay is a fintech startup developing the new standard for fiat-to-crypto giving ordinary folks a seamless way to move between fiat and cryptocurrency at the few clicks of a button. 

MoonPay’s payment gateway accelerates the mass adoption of digital assets by making it easy for new users to onboard straight into crypto via a simple checkout journey. 

Among the more recent platforms to partner with the payment provider is Binance DEX, which recently launched a fiat-to-crypto service through MoonPay. The service now enables users from more than 40 countries around the world to purchase BNB with fiat.

More recently, on Sep. 23, new DeFi protocol RioDeFi unveiled a partnership with MoonPay to facilitate effortless purchases of its RFUEL token. Other top platforms like Changelly and Bitcoin.com have also partnered with Moonpay. 

Disclaimer: This is a press release. Readers should do their own due diligence before taking any actions related to any company, product, or service mentioned in this press release. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product, or service mentioned in this press release. 

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Press Releases

USDT Is A Game Changer For Online Poker

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CoinPoker

CoinPokerCoinPoker – the flagman of the industry and oldest pure crypto poker room – is the first to introduce USDT as an in-game currency, solving the ever prevailing volatility issues and creating grounds for accelerated growth. Alongside this, it launches two promotions giving away 100,000 GTD in prizes.

The changes will finally allow the poker community to play using chips pegged to dollar value, while at the same time offering the lowest rake in the industry and verifiably fair decentralised card shuffling mechanism – a trio never seen in the history of online poker.

Choosing the coin

With expert advisors, poker elite and community supporting the need for a change, USDT was an obvious choice as it matched the high criteria the room had for the coin: stability, transaction speed, and the overall reliability.

In addition, USDT is simple to use when it comes to crypto newbies: going from fiat on users‘ bank account to USDT on a poker account and vice versa can be done in a matter of hours. CoinPoker also allows its users to deposit and withdraw in BTC and ETH making the most out of the in-app currency conversion tool.

Better for a player

Looking from a player’s side USDT has the obvious superiority when it comes to providing liquidity and a hedge against crypto market volatility. The tokens are pegged to a fiat money making this stablecoin less risky than typical cryptocurrencies therefore safe for both newcomers to the poker app and poker pros who will always know their bankroll in terms of fiat value.

Unique bonus system

USDT will work in perfect balance with CHP token, a predecessor in-game currency of CoinPoker, which won’t be a must for playing, however, will guarantee exclusive privileges and perks for its users and holders: rakeback, extra leaderboard points, exclusive access to the sportsbook section and discounts on withdrawal fees. Reportedly more benefits to come in the nearest future. 

A room providing more possibilities to win

It’s worth noting that CoinPoker is a crypto poker room with the lowest rake in the industry and huge promotions giving away thousands in fiat value each week. This is also the first poker room that returns 100% of the rake back to players in various shapes and forms.

Seeing what’s on the table makes it obvious that the combination of the stablecoin USDT as in-game currency and CHP as a bonusing fuel is set for long-term success which is a must to take advantage of as a player.

Best time to join is now

USDT will become the official CoinPoker in-game currency on the 1st, October. The room is marking this significant date by giving away 100,000 GTD in prizes.

Players will be invited to enjoy ‘Crypto Series of Poker’ – the biggest series of crypto poker tournaments that have already become a tradition on CoinPoker, while Cash players will be treated to a two-week Leaderboard rewarding a total of 100 places!

Once registered don’t forget to invite your friends to do the same since CoinPoker referral program awards 30% of what the referrals rake.

Download and start playing!

Disclaimer: This is a paid press release. Readers should do their own due diligence before taking any actions related to any company, product, or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product, or service mentioned in this press release. 

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