What is Blum and When is it Listing on Binance?
2024-07-09Bittime – In the midst of the hustle and bustle of the crypto world, Blum Crypto present as an innovative platform that combines the convenience of Telegram with secure and decentralized crypto trading. The platform allows users to transact crypto directly from their favorite chat apps, providing a seamless and accessible trading experience.
What is Blum Crypto?
Blum Crypto is hybrid crypto exchange which combines the best features of centralized (CEX) and decentralized (DEX) exchanges. This allows users to enjoy the liquidity and ease of use of CEX, as well as the security and control of DEX.
Mai Feature Blum Crypto
Various Cryptocurrencies and Tokens: Blum Crypto supports a wide range of cryptocurrencies and tokens, from popular ones like Bitcoin and Ethereum to up-and-coming altcoins.
Cross Blockchain Trading: Users can easily trade assets on various blockchains without having to switch platforms.
Low Fees and Fast Transactions: Blum Crypto offers low trading fees and fast transactions, so users can maximize their profits.
Advanced Trading Instruments: The platform provides a variety of advanced trading instruments such as technical indicators, real-time charts, and various order types to help users make informed trading decisions.
Blum Point: Blum Crypto has its own in-app currency called Blum Points. These points can be obtained in various ways and can later be exchanged for BLUM tokens after launch.
How to Get Blum Points?
Blum Points can be obtained in several ways, including:
Farming: Users can "farm" Blum Points by opening the Blum app in Telegram and pressing the "Farm" button periodically.
Social Duties: Completing social tasks such as inviting friends, posting on social media, and participating in community events can also earn Blum Points.
Daily Challenge: Blum Crypto provides daily tasks that can be completed to earn additional Blum Points.
Blum Crypto Mining
Blum Crypto does not use traditional mining systems such as Proof of Work (PoW) or Proof of Stake (PoS). Instead, users can earn BLUM tokens through “farming” Blum Points.
Airdrop BLUM
Blum Crypto is holding an airdrop that is attracting community interest. Users can participate by completing tasks and inviting friends to earn Blum Points and have the opportunity to receive BLUM tokens after launch.
Blum Crypto Security and Legality
Blum Crypto claims to prioritize security by using technology Multi-Party Computation (MPC) for private key management and offers self-custody options via external wallet connections.
However, keep in mind that Blum Crypto is a relatively new platform and there is no clear information about its regulatory compliance yet. Users should always do their own research before using any crypto platform.
When is Crypto Listing on Binance?
Blum Crypto is scheduled to list on Binance in August 2024. Matter This is good news for Blum Crypto users who have been waiting for integration with the world's leading exchange. Listing on Binance will increase Blum Crypto's visibility and open access to a wider user pool, potentially increasing the value of the BLUM token.
Also Read How To Buy Crypto:
Impact of Not Listing on Binance
Increased Visibility: Listing on Binance will significantly increase Blum Crypto's visibility, attracting more investors and users to its platform.
Higher Liquidity: Listing on Binance will increase the liquidity of BLUM tokens, allowing users to buy and sell tokens easily and quickly.
Potential Price Increase: Listing on Binance could have a positive impact on the price of BLUM tokens, although it cannot be guaranteed.
Conclusion
Blum Crypto offers an attractive platform for traders looking for an easy crypto trading experience integrated with Telegram. However, users need to be careful of potential risks such as new platforms, unclear regulations, and high crypto volatility.
How to Buy Crypto on Bittime
You can buy and sell crypto assets easily and safely via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also ensure you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Study Complete Guide How to Buy Crypto on Bittime.
Monitor graphic movement of Bitcoin (BTC) price, Ethereum (ETH), Solana (SOL), and other cryptos to find out today's crypto market trends in real-time on Bittime.
Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.