Blum: A New Privacy Coin, Interesting, But Worth Investing?

Bittime - Blum, an innovative mini-app crypto project launched on Telegram, has been a hot topic lately. Coming amidst the crypto mini-app trend spearheaded by Notcoin, Blum offers a unique Blum Points “mining” scheme and the promise of attractive “hybrid” crypto trading.

What is Blum?

Blum (or Blum Crypto) is a mini-app crypto project launched on Telegram. This platform was founded and operated by former top Binance executives, namely Vladimir Smerkis as CEO and Gleb Kostarev as CMO.

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How Does Blum Work?

Currently, Blum offers a Blum Points “mining” scheme. These points can later be used once Blum's crypto trading app is fully launched on mobile and Telegram. Users can “mine” Blum Points by:

• Opens the Blum app and "mines" it automatically.
• Join the referral program and invite friends to join Blum.
• Complete the tasks available in the application.
• Play Drop Game, a simple game where users collect falling green flowers.

Also Read How To Buy Crypto: How to Buy BTC

Blum Unique Features

Blum claims to be a “hybrid exchange,” seeking to combine access to tokens from centralized exchanges (CEX) and decentralized exchanges (DEX) in one platform.

• Centralized exchange (CEX), such as Binance, Coinbase, or Kraken, are regulated platforms that offer a user-friendly interface for trading crypto for fiat money or other digital currencies.
• Decentralized exchange (DEX) enables peer-to-peer transactions without intermediaries, thereby offering users greater anonymity, security and asset control.

Blum promises easy access to both types of exchanges, allowing users to enjoy the benefits of both.

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When will it be launched and how much will the coin cost?

According to the project roadmap, Blum is currently focused on developing new features for the platform in the second quarter of 2024. The launch of the web platform, as well as the highly anticipated coin listing, is expected to occur towards the end of this year.

Early adopters may be able to get Blum tokens (BP) via an airdrop this summer, coinciding with the launch of a Blum wallet aimed at rewarding users for their activity. However, this information has not been officially confirmed.

The actual coin price is expected to be revealed closer to the platform launch.

Is it yet a promising investment?

Blum shows promising potential for a successful debut in the crypto market, especially if the “tap-to-earn” trend continues to gain traction. Here are some factors that make Blum attractive:

• Backed by former Binance executives: The experience and expertise of Blum's founders at Binance could give the platform a competitive edge.
• Unique Blum Points "mining" scheme: This scheme can attract new users and encourage active participation in the Blum community.
• "Hybrid" crypto trading promises: Blum has the potential to offer an easier and safer crypto trading experience for users.

However, it is important to remember that crypto investments always involve risks. Here are some things to consider before investing in Blum:

• Blum is a new project: The platform hasn't fully launched yet, and much remains unknown about its future.
• Blum coin price is not yet known: Coin values ​​can fluctuate significantly, and there is a risk of losing money.
• The crypto market is very volatile: Crypto prices can rise and fall quickly, and there is no guarantee that Blum will be successful.

Conclusion

Blum has the potential to become an important player in the crypto market. However, investors should do their own research and understand the risks involved before investing.

How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via over. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.

To be able to buy crypto assets at over, make sure you have registered and completed identity verification. Apart from that, also make sure that 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.

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