bitcoin
Bitcoin (BTC) $ 16,558.99
ethereum
Ethereum (ETH) $ 1,214.55
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 314.07
usd-coin
USD Coin (USDC) $ 1.00
xrp
XRP (XRP) $ 0.40151
binance-usd
Binance USD (BUSD) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.097302
cardano
Cardano (ADA) $ 0.318618
solana
Solana (SOL) $ 14.32
matic-network
Polygon (MATIC) $ 0.856848
polkadot
Polkadot (DOT) $ 5.39
tron
TRON (TRX) $ 0.053436
bitcoin
Bitcoin (BTC) $ 16,558.99
ethereum
Ethereum (ETH) $ 1,214.55
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 314.07
usd-coin
USD Coin (USDC) $ 1.00
xrp
XRP (XRP) $ 0.40151
binance-usd
Binance USD (BUSD) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.097302
cardano
Cardano (ADA) $ 0.318618
solana
Solana (SOL) $ 14.32
matic-network
Polygon (MATIC) $ 0.856848
polkadot
Polkadot (DOT) $ 5.39
tron
TRON (TRX) $ 0.053436
Sunday, November 27, 2022
HomeCryptocurrencyCEX Training Program Launched by Bitcoin.com as Centralized Companies Collapse

CEX Training Program Launched by Bitcoin.com as Centralized Companies Collapse

Contents

  • Bitcoin.com broadcasts CEX Training Program with VERSE rewards
  • Introducing self-custody to new technology of customers

Heavyweight cryptocurrency ecosystem Bitcoin.com broadcasts a novel program to introduce noncustodial blockchain providers to everybody who was by some means affected by CEX collapses sequence.

Bitcoin.com broadcasts CEX Training Program with VERSE rewards

In accordance with the official announcement shared by Bitcoin.com portal, its group launched a CEX Training Program, an initiative designed to reward all victims of latest centralized trade collapses. VERSE, a core asset of the upcoming Bitcoin.com pockets, will underpin the economics of the initiative.

To launch this program, Bitcoin.com allocates 5% of the aggregated VERSE provide. The token shall be activated as quickly as December 2022. To be able to declare the tokens, customers are invited to signal up at getverse.com, a purpose-made web site by Bitcoin.com.

In addition to the victims of the FTX, Blockfi, Celsius and Voyager dramas, Bitcoin.com will assist customers affected by different collapses of centralized or hybrid buying and selling providers.

Commenting on this system’s launch, Bitcoin.com CEO Dennis Jarvis highlighted that the aggressive promotion is what makes centralized cryptocurrency majors so harmful for traders:

With slick UX, logos on sports activities stadiums, Matt Damon commercials, Tom Brady endorsements, and massive “assured” returns, the lure of CeFi is powerful. However as we have seen, lack of transparency within the centralized mannequin, whether or not or not it’s in crypto or tradfi, is an enabler for the gross mismanagement of buyer funds and, in some instances, blatant fraud.

In addition to compensations, this system can also be designed to show the alternatives that decentralized providers can unlock for common customers of cryptocurrencies in 2022.

See also  Circle Warns About Phishing Marketing campaign

Introducing self-custody to new technology of customers

Additionally, VERSE tokens shall be used to inspire the customers of VERSEDEX for any kind of buying and selling, lending and staking exercise on every supported blockchain.

As coated by U.In the present day beforehand, Bitcoin.com ecosystem helps over 100 Ethereum-based ERC-20 tokens. Additionally, it lately built-in the most overhyped “Ethereum killer,” Avalanche (AVAX).

VERSE itself shall be an ERC-20 token. In complete, 210 billion tokens shall be minted; the method of VERSE token launch will take seven years.

As talked about in its whitepaper, VERSE shall be distributed to energetic contributors to the Bitcoin.com ecosystem and seasoned customers of its numerous providers.

BitcoinMasterNews

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles

Explore More

Related Articles