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#CRYPTOCURRENCY MARKET

All you wanted to know about crypto world
#Cryptocurrency Market
Kyrrex: Still Transparent, Still Trustworthy

We know that a global economy driven by better models of financial management is possible. We also know that harnessing the power of blockchain technology creates endless possibilities for individual investment, dynamic control of finances, and much more.


In light of recent events, trust in crypto and the limitless opportunities it offers might seem more distant than ever. As serious stakeholders, we want to use this opportunity to reach out to our loyal customers and the general public and assure them that Kyrrex remains unaffected while standing strong as ever.


The FTX Issue


To summarize the problem, FTX mishandled investor funds by using user deposits to make investments of their own. FTX did not inform users before proceeding on this course of action. The funds were used without client consent, meaning that FTX’s ‘side’ investments were unauthorized and therefore illegal.


Gaps and Leakages in the Crypto Industry


The recent spate of crypto setbacks reveal a number of gaps and leakages in decentralized finance. The biggest of these gaps is supervision: what guarantee can you, a crypto trader and investor, have that your preferred trading platform will not mishandle your funds?


In the decentralized market, you have a firmer grasp of your crypto assets and greater freedom to trade and invest without someone looking over your shoulder every time. But this comes with the risk of losing all your money if you entrust it to unsupervised third parties.

 

Solution with Kyrrex: Crypto-Fiat Banking


Crypto exchange platforms provide you a stage to trade and manage your crypto assets. But who/what keeps an eye on these platforms? Without strict oversight by a powerful body, you're essentially giving your money to an exchange do with as they wish.


Where there is no regulation, there is likely to be mismanagement and exploitation. Even if you can wager your life that an exchange platform is honest and will not mishandle your money, you have to admit that having the platform accountable to a higher authority increases your trust in it.


Turning to a centralized exchange like Kyrrex offers you the rewards of crypto without its major risk. 

We believe that it is only when the crypto market is reasonably regulated that the crypto industry can flourish. Then, you will no longer have to deal with rugpull projects, fake developers selling you imaginary bridges in imaginary clouds, or situations like FTX that inevitably cause you to lose trust in every crypto exchange platform.


Kyrrex is Still Trustworthy


Kyrrex, as you know, is the first crypto-fiat bank. The same way we pride ourselves in being the first global bank, we pride ourselves in playing by the rules. There are several governmental and government-backed institutions that oversee our operations, and so we are licensed to operate in good faith. All of this is so that you can rest easy and continue to trust us.

We would like to place on record that Kyrrex Exchange has no dealing with FTX and its FTT token. Our exposure to FTX is zero. The exposure of our customers' funds to FTX is zero. 


Here are a handful of reasons you should continue to trust Kyrrex as your crypto and fiat asset partner:


1- Kyrrex has the highest level of operational license in the crypto industry


Kyrrex operates under the Class 4 virtual Finance asset (VFA) License from the Malta Financial service authority (MFA). We obtained this license in November 2021, reinforcing our intentions to comply with every legal requirement and audit condition.


This class of license comes with implicit confidence by the regulatory authority in the licensee. It means that Kyrrex has been thoroughly scrutinized and found to comply with all regulatory rules regarding user deposits and operation models. It means that you can trust us to keep your money safe and secure because Big Brother is watching all our moves. 


2- Kyrrex stores and backs your tokens with tangible assets like the dollar


As a crypto-fiat bank, Kyrrex allows you to use crypto tokens as easily as you use fiat currency. So, with Kyrrex you will be able exchange fiat currencies against digital assets and vice versa. This is because your tokens are safely stored and backed with valuable assets.


3- Kyrrex relies on its organic growth model for profitability rather than investors’ funds


At Kyrrex, we promote and use an organic growth model. This means that apart from the charges that our clients are aware of, we don’t touch their deposits or funds. This is another reason we have regulators overseeing our operations. They keep us on our toes and make sure our operations are always prudent and compliant with all legal provisions. 


4- Kyrrex has a straightforward user withdrawal protocol


Kyrrex has always favored an uncomplicated and user-friendly operating protocol. Our withdrawal system is like this also. So, our clients do not need to read and sign thousands of pages of T&A before they can withdraw their funds from Kyrrex. Everything is clear and transparent. Your funds are your funds and you can withdraw them at anytime. 


5- Kyrrex is not exposed to FTX, Alameda, or any institution implicated in the current FTX fiasco


Kyrrex is not exposed to FTX, Alameda Research, or any other crypto-related institution that has been implicated in the recent mess. So you can trust us unreservedly, we only build relationships with time-tested, reliable, and/or regulated exchanges.


So, Kyrrex remains worthy of your trust. However, we advise that when you use other exchange platforms, ensure that they are licensed and are committed to playing by the rules. Also, do not invest money that is not your own or spend more than you earn. If you can, avoid tokens that are not backed by tangible assets.



#Cryptocurrency Market
Crypto Bubbles and the Prospects of Cryptocurrency

Like any enterprise with brokers and actors, the crypto market goes through phases of highs and lows. Even though these phases are diametrically opposite, they each have their pros and perks. For the sensitive crypto trader, the best phase turns into a bubble inside which they can make a lot of money and secure assets that will bring even more money later.

So, what is a crypto bubble and what implications does it have on the prospects of crypto trading and investments in the years to come?


Crypto Bubbles at a Glance


Crypto bubbles are periods during which the prices of crypto tokens are at a radically different height than normal. Specifically, crypto tokens or assets sell for higher than they should, thereby allowing their holders to make money within a short while. Thus, the shorter the window of opportunity, the more profit crypto traders typically make, and vice versa.

Crypto bubbles develop from the interplay of numerous social and economic components, for example, the demand for a particular token or the projected prospects of a particular asset. Each of these components can be traced back to an expectation that develops as a response to a situation. The result is a crypto bubble where the price of a crypto asset usually quickly rises above its actual value and forms the basis for a crypto trader’s profiteering.


Generally speaking, crypto bubbles arise from a number of situations. These include:


  • The price of a crypto asset suddenly nearing all-time-high levels and resulting in high expectations regarding its prospects;
  • The high expectations of crypto actors and agents further stimulating the crypto asset, thereby causing even more rise in price.


So, the more crypto actors (traders and investors) are attracted by the upward price trend of the crypto asset, the higher the price will go. Eventually, the asset will be priced for much higher than it is worth, in which case its holders can enjoy significant profits trading it.


What Crypto Bubbles are Not


Crypto bubbles are not periods of fluctuating prices of crypto assets. As a rule, price volatility is a fundamental characteristic of cryptos. So, when the price of a crypto asset A rises to a new all-time-high and then falls to a new all-time-low within a short period, that is not a crypto bubble.


Also, crypto bubbles do not have a specific time limit. This often makes it difficult to recognize them immediately. So, if you notice that the price of a crypto token has been rising by 5 units every 10 minutes for 4 hours only to dip, you can be sure that that is not a crypto bubble.


Lastly, even though crypto bubbles are seemingly random, they can usually be explained. As noted earlier, these bubbles can be traced to actual (that is, real-life) social and economic conditions, factors, or dynamics. So, if nobody can make sense of why the price of a crypto asset is rising, it is highly possible that it is not a crypto bubble.


Uncertainty and Unpredictability as the Roots of Crypto Bubbles


The crypto industry has been experiencing a lot of downtime recently. Although some critics insist that this is proof that the industry is falling out of favor with market forces, we know that this is not the case. First, there is a global economic crisis and it is affecting crypto. Second, the ups and downs of the value of many popular cryptos could bring about positive trends in the long run.


From what we know of crypto bubbles, it is the scarcity of information regarding when it starts that makes it a profitable period for crypto traders. If every trader on the block has their eyes on an asset about to spark off a crypto bubble, the bubble will burst in no time. This is one of the reasons unpredictability can be a plus for smart crypto traders since it typically shrouds bubbles from public view until it can no longer do so.


So, if you want to take advantage of a crypto bubble, you could do the following:


  1. Observe a popular crypto asset that has noticeably dipped in value.
  2. Research the viability of its returning to the peak within a particular period.
  3. Watch out for social and economic events that could spark renewed investor interest in the asset.
  4. Plug in to the bubble and wait for it to form.


This is not the be-all and end-all of what it takes to seize the initiative and make early and long-lasting profit from crypto bubbles. But it works and helps you see beyond the shroud of uncertainty and unpredictability. An easier way is to keep track of assets with rising prices and wait for said prices to rise above the norm and stay there for a while.


The Prospects of Cryptocurrency


#Cryptocurrency Market
The Benefits of Using a Self-Custodial Wallet Like Trust Wallet

Like traditional finance, handling cryptocurrency is ultimately about making, using, and keeping money. When it comes to your funds in crypto, you need to know and sensibly decide how and who gets to keep it for you.


With the rise of decentralized applications, DeFi and web3, cryptocurrency custody has attained more importance. This is because how you store your digital funds directly affects how you interact with the many blockchain applications that exist on numerous decentralized networks and demand your attention.


Meanwhile, unlike traditional bank accounts that are mostly confined to legal borders, your cryptocurrencies can be accessed from virtually anywhere in the world. And if you can store these assets in a self-custodial wallet, you can be said to have gained control of your crypto assets. Therefore, you can use them as you see fit.


So, what is a self-custodial wallet and how do you benefit from using one? Here, we explore this topic and explain how Trust Wallet is arguably the best self-custodial wallet out there.


Overview of Self-Custodial Wallets


The concept of self-custodial wallets is self-evident. The concept is rooted in two complementary definitions: self-custodial and wallet. The idea of something as self-custodial refers to that thing having full control of its own belongings. Within the cryptocurrency context, self-custodial is having complete control of your crypto assets, kind of like being the manager of the bank in charge of your money.


Wallet, of course, means wallet. Therefore, a self-custodial wallet is a digital ‘purse’ where you can keep your crypto assets. Obviously, unless you are a genius developer and succeeded in creating a software application that serves as a crypto wallet, you would still need to rely on third-party developers to provide self-custodial wallets. In this sense, you are sort of renting the application and turning it into a wallet that you can use for the safekeeping of your cryptocurrency.


There are many popular self-custodial wallets around. Some of these only function as normal wallets or bank accounts, and therefore have no other value. Others are more wide-ranging in their application and might even directly increase the odds of your realizing more returns on your crypto assets.


Benefits of Using Self-Custodial Wallets Like Trust Wallets


1- Extensive Support of Multiple Blockchain Networks and Crypto Assets


Self-custodial wallets typically value the security of user assets above characteristics such as transaction speed, cost of custodial service, and options for asset withdrawal. Thus, it is normal for these crypto wallets to isolate their operations from the mainstream networks. This way, they can avoid potential attacks from hackers targeting mainstream blockchain networks. But Trust Wallet is different. Despite its popularity, it runs as a bridge across many blockchain networks. As a result, you can add tokens and other crypto assets belonging to more than 60 different blockchain networks to Trust Wallet.


The primary benefit of Trust Wallet’s extensive support of multiple blockchain networks and crypto assets is that you can store all your crypto assets in it, regardless of whether they are tokens from chain A or chain B. This helps you better organize your portfolio and keep track of all your assets inside one digital pocket.


2- Innovative Security Framework


One of the reasons that Trust Wallet is able to retain its versatile quality in the face of network breaches is that its security framework is enough to counter the majority of attacks. If you are like the majority of crypto traders, then securing your virtual assets is a priority. Trust Wallet understands this, so its developers created a simple but innovative system to ensure that your self-custodial wallet is safe and secure. This system ensures that you only gain access to your Trust Wallet via a private key. The key, which takes the form of a 64-bit string of characters, is unique and belongs to you and you alone.


3- No-Price Structure


Trust Wallet’s pricing structure is another element of its peculiarity. It is essentially free to use. In other words, you don’t have to pay anything as transaction fees for using Trust Wallet. Of course, this does not mean that Trust Wallet is responsible for footing the bills of your transactions. No, you would still need to settle the cost of using a blockchain network. So, if you are buying or selling a set amount of tokens on a blockchain Z, you would still need to pay the associated gas fees. So, the fees you pay go to the blockchain, not Trust Wallet. Therefore, once again, Trust Wallet does not charge users for its self-custodial service.


4- Option for Seamless Integration with DApps and NFTs


Reinforcing its multi-coin and multi-chain support system, Trust Wallet also supports DApps (decentralized apps) and NFTs (non-fungible tokens). Using the wallet consequently enables you to use and interact with different components of the decentralized crypto model. As a result, for every application that runs on this model, Trust Wallet is useful. This means that Trust Wallet offers you options to use finance-related applications that draw on smart contracts to make business deals and investments, thereby boosting the efficiency of your crypto trading/investment portfolio.


5- Available Opportunities for Trading and Investing in Cryptos


Just as important as its safekeeping options for your crypto assets, Trust Wallet also doubles as a means to enable you to interact with the crypto market. From within the Trust Wallet app, you can stake, trade, invest, and monitor the cryptos supported by the wallet. You can also engage tokens that are available for any kind of crypto transaction on every blockchain network that is supported by Trust Wallet. Moreover, because Trust Wallet is available on virtually every mobile operating system, you can download the app from Google PlayStore, Apple Store, and manage your crypto portfolio from there. Thus, you can use Trust Wallet as an all-in-all application to store, trade, and invest your crypto assets.


So, compared to many other crypto wallets, self-custodial wallets like Trust Wallet enable users to have total control over crypto assets. In terms of security, service cost, multiplicity of function, and integration with blockchain networks and DeFi applications, Trust Wallet tops the list of these self-custodial wallets.

#Cryptocurrency Market
Ways to Protect Your Privacy in Crypto

The crypto-verse has moved from the first stage of foundation-building and establishment. Virtually every developed and developing nation in the world today has a share in the global crypto pie. As a result, the current crypto era is all about innovation and the adaptation of blockchain solutions to a variety of old and new problems. But, the crypto industry has to overcome some of the present hurdles first, including the rise in regulations and the relegation of user privacy.


Regulations are popping up left and right. Governments are fighting to safeguard their economies from overexposure to criminal elements. However, crypto proponents are also doing their best to ensure that the entire blockchain ecosystem is not criminalized because of some mischievous users. In the meantime, innocent users are lost in the middle, pondering whether anonymity and privacy are still genuine components of crypto.


The crypto industry has an odd relationship with privacy issues. On the one hand, due to the public verifiability of transactions, the movement of money is easily traceable. On the other hand, privacy and confidentiality are core pillars of the crypto-verse. The system is thus balanced since it offers users a variety of ways to maintain their privacy. However, now that more governments are taking more active steps towards streamlining the crypto industry in a way that they can manage, the balance of security and privacy in the system is no longer reliable.

So, to ensure that your crypto assets, investments, and activities are private, here are 5 things you can do.


1- Use Multiple Addresses and Wallets to Receive Payments


The way blockchains operate, anyone who knows your address on the blockchain has automatic access to information that is supposed to be private. Say you want to pay a customer in crypto and exchange addresses. This customer can use any number of tools, including a block explorer, to check your transaction history and find out the size of your crypto pocket.


One of the easiest ways to get out of this situation is to use a new address every time you have to engage in crypto transactions with someone. This helps you spread your activity and asset tracks across a wide range of wallets and addresses. When people look up the address you gave them for a transaction, they will not be able to find out the size of your crypto assets or even the entirety of your transaction history.


You can also be a bit more systematic by using several different wallets at the same time. With each wallet holding a certain amount of your investments and transaction history, you will be able to hide the majority of your crypto activities. This is another reason prominent crypto enthusiasts have accounts with multiple crypto exchange platforms. Each of these platforms serves as a separate bank, so to say, where they can create multiple wallets and use crypto addresses that help them shield their assets and activities from scrutinizing minds.


2- Use Crypto Platforms that Value and Prioritize Privacy


It is a fact that all crypto platforms, decentralized or centralized, are supposed to prioritize user privacy and security. This is because privacy and security are core components of the crypto-verse, ensuring that blockchains are not perpetually vulnerable to malicious break-ins. However, even though crypto exchange platforms are supposed to be user-centric and therefore give precedence to user security and privacy, this is not often the case.


To be fair, crypto platforms cope with many challenges. They have to ensure efficient transactions, deal with verification problems, maintain liquidity pools, and monitor the flow of tokens per time. Even though automated systems are employed for these functions, these systems are not omnipotent. Therefore, the crypto-verse is made up of many crypto platforms that are biased towards one or two of the foundational components of blockchain technology.


So, very few crypto platforms can effectively handle multiple components at the same time and therefore promote all the advantages of using crypto instead of the old system. You should be on the lookout for these innovative platforms because they use novel methods to prioritize user security and privacy.


One such crypto platform is Kyrrex, the innovative digital bank for all things crypto. The platform prioritizes several core crypto components, including security and privacy, transaction speed, trading ease, wide-range online integration, and user access to support. It uses hybrid cryptographic encryption methods to ensure that user data is hidden behind multiple layers of database security.


So, instead of using platforms that promote anonymous crypto trade or those that say nothing about the privacy and confidentiality of user data, use platforms that value and promote the safety of user assets. This choice covers you from virtually every danger of privacy violation, leaving your crypto exchange platform to worry about privacy and security concerns.


3- Use Crypto Privacy Tools


From the way crypto critics talk about the porosity of blockchain ledgers and transactions, you would think that every exchange ends up with one side more vulnerable to the assault of hackers than before the transaction. In truth, security and privacy are fundamental components of the crypto-verse, so every platform regards these components highly. (Only that some platforms, as we have shown, are more particular about them than others.) Therefore, there are privacy tools specially designed to promote the confidentiality of crypto users. Examples of such tools are zero-knowledge proofs, mixers, and ring signatures.


Consider zero-knowledge proofs. These are handy privacy tools because they are straightforward in their function. These proofs enable a user to confirm that they validated a particular crypto transaction and do so without having to provide their public keys to be believed. Ordinarily, publishing your wallet address is the traditional method of verifying transaction claims. However, with zero-knowledge proofs, you don’t have to give away your public address.


Zero-knowledge proofs are a derivative of zero-knowledge encryption, a system that ensures that a user’s access codes are only known to the user and no one else. So far, this system has been adopted in crypto security with the proofs. However, efforts are being made to fully adapt them such that they can become core features on every crypto exchange platform and service. That way, blockchain ledgers can remain transparent at the same time that users can shield their crypto activities and assets from other users and platforms.


Mixers and ring signatures serve similar functions in using both simple and complex methods to hide details of user transactions. Mixers, especially, require a third party whose database becomes the exchange point between crypto users. Therefore, transactions will be traced to the third party instead of the engaging crypto user.


All these tools are useful for protecting user crypto assets, activity, and privacy. Many crypto exchange platforms use them in one way or another. Therefore, you can rely on them as well.


4- Use Reliable VPN


VPNs have become one of the most convenient and valuable features for digital privacy and security. The best selling point of these services is that they can hide your online footprints, especially your IP address, from web trackers, governments, and even some crypto platforms. Therefore, using VPNs whenever you trade in crypto is one of the surest ways to preserve your privacy.


Every knowledgeable crypto user knows that some crypto platforms log users’ IP addresses to increase the efficiency of their services. The problem with this is that whenever hackers gain access to these platforms, they can make away with this information. Once this happens, you can expect clever hackers to try to make as much profit from their theft, including tracing your crypto transactions and finding out ways to defraud you eventually. When you use a good VPN that prevents any platform from logging your IP address, you remove yourself from this narrative of hackers and possible fraud.


One thing to keep in mind is that all VPNs are not the same. To use George Orwell’s words, all VPNs offer privacy values, but some VPNs offer more privacy values than others. You can be sure that premium VPNs (those whose services you have to pay to use) are generally more secure and reliable than free VPNs. So, to be safe, never use a free VPN with your crypto transactions.


5- Use Social Media with Crypto Addresses and Engagements with Care


The easiest way to lose your privacy and be flushed out of your crypto anonymity bubble is to engage social media with your crypto activities. Social media space is virtual, yes, but it is also all-reaching. With many online platforms integrated, every internet user is a flashing point that can be identified on the web. So, when you publish aspects of your crypto activities on social media, you are essentially throwing out pieces of meat and waiting for wolves to trace them back to you.


Granted, there is no reason a rational crypto user would want to have their crypto activities and assets exposed to the world. We all value our privacy, especially as it has to do with financial assets. But it is also very easy to accidentally compromise this privacy on social media.


Say, a celebrity asks their followers to drop their wallet addresses online so they (said celebrity) can give them (the followers) crypto for free. Once these addresses are posted online, they are almost certainly forever ‘inscribed’ on the walls of that social media platform. Any Tom, Dick, and Harry can follow these crypto addresses back to the user, look into their history, and think up ways to take advantage of them.


So, pay extra attention to how you post your stuff on social media. Keep in mind that it is difficult to erase online posts and that there is no steel-solid guarantee that hackers will not break into your social media accounts, even if temporarily. Therefore, endeavor to keep from posting your public and private keys online, whether in private chats or public posts.


So, to conclude, user privacy is very important to the crypto-verse. The appeal of the blockchain revolution is that it grants users more freedom over their assets and financial choices. However, once user privacy is compromised, this freedom counts for nothing. Therefore, the suggestions submitted in this article are simple but effective in safeguarding your place and future in the crypto-verse.

#Cryptocurrency Market
Introduction to Web 3.0: The Meaning and Value

With so many obscure terms and abbreviations on the internet, it is difficult to make sense of the trends they represent. This is more so when said trends are supposed to have great value and earn you a lot of money. Web3 is one such popular buzzword on the internet. However, despite its popularity, many people have a small grasp about its meaning and value. Therefore, this article briefly explains the meaning and value of Web3. The article also highlights some of the most fundamental differences between Web3 and Web2 and outlines some of the best use cases and applications of Web3. Lastly, the article sheds light on some of the opposition to Web3.


What is Web 3.0?


Web3 (or Web 3.0) is the theorized evolution of Web2, the current internet framework. It is a framework that includes everything the internet is about, including enabling infrastructures that allow users to access and use the internet. Unlike Web2, the development of Web3 is still ongoing but its proponents are convinced that it would revolutionize the internet as we all know it. However, this makes it difficult to define. So, here are five (5) definite things about Web3.


Web3 is the third generation of internet frameworks


The first generation was Web1 and characterized the earliest period of internet usage until around 2003. This internet framework used a lot of open protocols, especially HTTP, and users could only read the content. The second generation of internet frameworks was Web2. Social media is the main feature of this generation and users are able to create and market products on the internet. Web2 is the current framework.


Web3 is the third generation of the internet. It is driven by a decentralized system with the largest fraction of the internet owned and operated by user communities rather than big tech companies. It is still in the pipelines but is supposed to be superior to Web1 and Web2 in its integration with real life, quality of content, ease of generating and marketing user products and services, and more compatible assimilation with imminent technological innovations. Also, the Web3 framework is powered by the open-source license and does not require third parties to authenticate interactions (so it is trustless) or permit them (permissionless). 


Web3 was developed around the idea of decentralized blockchains


Web3 does not support any kind of autocracy. With respect to governance, it mirrors the core characteristic of decentralized blockchain governance. Big tech companies are removed from making administrative decisions. Instead, the governance of the internet is left to DAOs (Decentralized Autonomous Organizations). These are groups and communities bound by fixed rules and regulations coded into and overseen by protocols in a blockchain. As a result, no single entity is all-powerful or irreplaceable, the way we have it with Facebook and Twitter now, for instance.

So, with Web3, everything is distributed, from governance to opportunities. Users have governance tokens and can take up the responsibility of temporary leadership. Similarly, random users have tokens that allow them to ‘plug in’ to investment opportunities without relying on government policies.


Web3 is chiefly designed to protect the interests of creators and users


The first two generations were mostly centralized and ordinary users were either only passive observers or subsidiary beneficiaries. Conversely, Web3 is all about creators and users. The internet in this form does not offer any unseen value to big corporations or governments. Instead, content creators and users are given all the privileges to work and earn.


For instance, Web3 allows creators to earn money by gaining direct access to users without having to pay intermediaries to help them facilitate this link. Also, users earn money by buying direct stakes in creators’ content. Web3 also offers provisions for users to sell their data to whoever needs it. So, Web3 does not run the adverts-based business model which is one of the defining features of Web2, and it has a lot more privacy.


Web3 is the internet of value


On Web3, value is sovereign. The current internet framework is not democratized for value creation. This is why it has been described as the internet of information, much like Web1. But Web3 is all about what is valuable. So, the more value a creator can offer to users, the more valuable the creator is rated on the internet.


Put differently, Web3 promotes innovation. As a result, online communities are built around innovation and value creation rather than corporate sovereignty. It is a framework of meritocracy where Peter Parker can design his Spiderman suit at home and Dr. Otto Gunther Octavius can build his octopus tentacles in his lab.


Web3 is the most useful framework for crypto and a crypto-related future


Web3 is also the framework for the anticipated future of decentralization. This future is written around users and gives them a lot more control and influence over their data and web activities. In the area of social media, for example, users can rely on Web3 to interact with the ‘metaverse’ or the universe of digital things. This way, they will be able to work and earn, as well as amuse themselves with different varieties of dynamic platforms and access tokens.


The Web3 framework will also allow users to gain access to crypto-related features without going through meddlesome middlemen. These include all kinds of trade and investment platforms, cryptocurrency, NFTs (non-fungible tokens), gamification, and all that. So, in the fewest words, Web3 will let people make better use of the offerings of the crypto industry.


Web 2.0 vs Web 3.0


#Cryptocurrency Market
Best iOS Apps for Trading Crypto in 2022

Recently, the software development industry has fleshed out well enough to accommodate crypto trading. Currently, you can trade your crypto assets using both desktop computers and mobile phones. The iOS ecosystem is particularly suited for this task, so you use one or more crypto trading apps on your iPad and iPhone.


1# Coinbase


Determining what the best apps for trading crypto are depends on how compatible it is with your trading objectives and portfolio. Coinbase is one of the most popular crypto trading platforms and its iOS app is just as popular among iOS users. The app is fitted with a practical (and gorgeous) interface and features that get to the heart of trading. The app holds some of the advantages of using Coinbase as an exchange platform, including the ability to trade in Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.


Coinbase is also very easy to use, especially as a tool for tracking market trends and trader portfolios. The app is available for free download on Apple Store and has no in-app purchases.


2# FTX


The FTX iOS app is the mobile app for crypto traders on the FTX (formerly Blockfolio) crypto trading platform. It is one of the best trading apps for crypto traders that prefer iOS apps over the Android alternative. Moreover, the app inherited the robust feature base of the FTX platform, so it probably has the best collection of enabling attributes for crypto traders, including a relatable and easy-to-use interface.


The FTX iOS app lets you do everything on your iPhone or iPad that you can do on the web version of the FTX. So, it is a suitable app for portfolio tracking and P&L charts, with a dark theme for a contrasting effect on trading visuals. The app is also available for free download in the Apple Store.


3# Kyrrex


Kyrrex offers one of the best apps for crypto trading in the iOS ecosystem. Much like the crypto trading platform itself, the Kyrrex iOS app is ingenious, flexible, and very practical for buying and selling crypto assets, tracking portfolios, liquidating assets, and protecting them with high levels of software security. The app has all the best features of the native Kyrrex web platform, including trading instruments, and features for liquidity, security, and others that bolster trading for beginner and experienced crypto traders.


The main objective of the Kyrrex iOS app is to help you access everything related to your crypto assets and trading activities. Thus, if your plan for using an iOS app for your crypto trading revolves around having total control over buying and selling cryptos, tracking trends and portfolios, and forecasting possible dips and uphill activity in the crypto market, then the Kyrrex app is your best bet.


Its API is particularly noteworthy as it comprises practical protocols for the effective trading of cryptocurrencies and assets.


You can download the Kyrrex iOS app for free here on your iPhone or iPod touch (with iOS 12.0 or later).


4# Delta


Delta is undoubtedly one of the best crypto trading apps for iOS users who happen to be active crypto traders. The biggest difference between the Delta Investment Tracker app and other iOS apps for crypto trading is that you can easily manually enter needed information into the app. As such, the app design is well-thought-out and fleshed out in a way that indicates that the software developers have the best interests of crypto traders at heart.


Like the other apps earlier highlighted, the Delta iOS app is available for free download on the Apple Store, although it has some in-app purchases.


5# Cash App


Unlike most of the iOS apps on this list, the Cash App is not a traditional crypto trading app. Instead, it is more popularly known for sending and receiving money from other people. Thus, the biggest advantage to using the app is that so many other people are already using it for paying friends and employees or receiving from friends and employers. Thus, even though Cash App users can only buy Bitcoin and no other cryptocurrency (at the moment), the app’s user base is continually growing.


Added to the crypto-related feature on Cash App that lets you buy Bitcoin, you can also enable notifications for news about Bitcoin prices within a specific user-defined period. Moreover, the app is also available for free download on the Apple Store.


6# CryptoTrader


CryptoTrader is another iOS app that doubles as the original platform’s provision for crypto traders that don’t want to use Android. Because of its universality in connection with the number of crypto coins (including Bitcoin, Ethereum, Ethereum Classic, Litecoin, Monero, Dash, ZCash, etc.) that the CryptoTrader platform supports, the iOS app is recognized as one of the best apps for day trading crypto.


With CryptoTrader, you can expect to get a highly interactive interface with robust features and real-time charts. The app is one of the best there is among iOS crypto trading apps for keeping up with market trends.


The app can be downloaded for free on the Apple Store and is still compatible with iPhones, iPads, and iPod touches that can only run iOS 10.0.


7# CoinTelegraph Markets Pro


CoinTelegraph Markets Pro is very different from all the other top crypto trading apps. This particular app is not enabled to help you buy and sell cryptocurrencies and crypto assets. However, there is arguably no better iOS app for information about crypto news and developments in the blockchain industry. So, CoinTelegraph Market Pro is an app for solely keeping track of market trends and coin prices.


The CoinTelegraph Market Pro is particularly helpful for crypto traders that are just getting into the trading industry. It is not fitted with too many features, but it offers a profound reading and learning experience for whoever is interested in knowing the whats, whens, and hows of the crypto trading market and industry.


The CoinTelegraph Market Pro iOS app is also available for free download on the Apple Store.


Concluding


Ultimately, iOS apps for trading crypto can provide enormous help to serious traders. Some of the apps listed in this article are especially suitable for this exercise and can smoothly enable you to meet your trading goals, including making more money and gaining more experience.

#Cryptocurrency Market
Best Android Apps for Trading Crypto in 2022

Crypto trading has gone beyond hunching over a desktop and punching numbers into calculators. Savvy traders use different software applications and platforms. As such, they are able to maximize profits by diversifying crypto exchange activities. And yet, this is only one of the benefits of using the best crypto trading apps.


In this article, we want to list out some of these top crypto trading apps on the mobile Android operating system and outline their foremost characteristics and advantages.


1# Kraken


With its modern and interactive design, Kraken offers one of the best apps for crypto trading on Android. The Kraken Android option borrows its popularity from the fact that Android is a mobile system used by more than half of the world’s online population, and the Kraken platform for crypto trading is just as well known for its wide range of tradable cryptos, offline deposit security scheme, and low transaction fees.


The Kraken Android app allows you to do everything available to users on the web platform. This includes trading cryptos, tracking trader portfolios and market prices, and getting notifications on the latest ups and downs of different cryptocurrencies.


The Kraken Android app is available for free download from Google Play Store.


2# Coinbase


While Kraken charges significantly lower transaction fees compared to Coinbase, the latter’s Android app has a better interface that is both interactive and easier to use. Thus, the app has a high appeal for beginner crypto traders, especially with the presence of access links to online materials about cryptos in general, trading them, and the dynamics of the trading market.


The Coinbase Android app also lets you use the 100+ array of cryptocurrencies supported by the exchange platform, including all of the major ones such as Ethereum, BNB, Binance USD, and Tether. Consequently, the Coinbase offering for Android devices is one of the best apps for trading crypto, and it is suitable for both beginners and accomplished traders who want to spread their trading domain.


The Coinbase Android app is also available for free download on the Google Play Store.


3# Kyrrex


Compared to the other Android apps for crypto trading on this list, the Kyrrex offering is positively radical. Like the others, the app is designed to offer the majority of the services available on the web platform. Unlike the others, the Kyrrex Android app was designed to empower trader activity and is fitted with an uncomplicated, intuitive, and interactive interface. The app’s background colors are equally crisp and warm, and shoulder essential features for on-the-go trading.


Kyrrex keeps a close eye on user reviews, so there are regular updates relating to bug fixing and user demands. Recently, Kyrrex develops added the platform’s primary token to the app, affording users the ability to stake and pay fees in KRRX. The app is also very secure, and, with its regular news update feature, is one of the best apps for day trading cryptos.


The Kyrrex Android app can be downloaded for free from here.


4# Bitstamp


The biggest advantage that the Bitstamp Android app brings to the crypto trading table is its high-level integration of chart-type analytics. Because the average crypto trader pays a lot of attention to price trends and market updates on the fluctuating values of cryptos, the developers of the Bitstamp Android app polished its interface to boost this charting property.


But if that was all there is in the Bitstamp Android app, it wouldn’t be known as one of the best trading apps for crypto. Outside of letting you send and receive crypto assets, not to mention invest and hold them, the app also lets you use QR codes for your trading activities. In other words, you can send Bitcoin and Ethereum units to someone else by scanning their QR codes.


Thus, the Bitstamp Android app is suitable for beginners and sophisticated traders, especially those who prefer to fund their trading wallets directly through bank transfers, credit and debit cards, and other traditional funding methods.


5# Gemini


Gemini is almost always mentioned as a leading cryptocurrency exchange platform. This is not only because the platform is one of the earliest to be regulated by the government (and thus thought to be reliable), but also because it promotes easy and flexible crypto trading while supporting more than 100 cryptocurrencies. Its offering for crypto traders with Android devices covers the same characteristics, so the app allows its users to trade cryptos, fund wallets via bank transfers and cryptos, and even has a marketplace for collectibles.


Gemini’s Android interface is likely one of the simplest and most practical out there. Nevertheless, the features are well-fitted for expert traders and crypto investors, with chart capabilities and trend tracking. Consequently, the Gemini Android app is popular and a reliable app for trading cryptos anytime and anywhere.


6# Bisq


One of the main bites of the blockchain revolution is peer-to-peer exchange, and this is the leading characteristic of all Bisq platforms, web or mobile. The existence of this peer-to-peer exchange feature is the main reason many crypto traders with Android devices participate in regular trading as the Bisq app follows the decentralized crypto trading model.


The Bisq Android app is not perfect, can be slow, and is most effective for small trading volumes. But it has a versatile funding portfolio, letting users engage in fiat-crypto trades. This also means that Android users can fund their crypto wallets via AliPay, Perfect Money, OK Pay, and Zele. The diversity thus brings the app closer to home and makes it crucial for crypto trading.


7# Robinhood


The Robinhood Android app is a lot like the Bisq app. It is also one of the best out there for crypto traders who are usually only involved with small volumes and prefer instant access to their deposits anytime and anywhere. But the app was particularly designed to benefit beginner investors, so the app interface and features appeal to this crop of crypto traders more than any other.


The Robinhood Android app also allows commission-free trading and users generally have a great deal of control over their crypto assets and investments. This is why the app has a large user base with around 10 million accounts.


Summing up


All of these Android apps for trading cryptos can help consolidate your trading potential and even augment automated trading. The trick is finding the most suitable, so you have to choose between a time-tested option like Kraken or an innovative and novel option like Kyrrex android app for trading crypto.

#Cryptocurrency Market
HODL! Crypto HODLers Stay Upbeat Amid Market Plunge

In recent times, the crypto market has tumbled faster than a crashing rocket. Industry darling bitcoin has shelved two-thirds of its value this year and every other major cryptocurrency has followed suit. Grand predictions that digital currencies would take over the world are looking more like a distant dream. Amid soaring global inflation and worldwide supply disruptions, a general sense of pessimism pervades the climate. 


The global cryptocurrency market is now worth around $1.1 trillion, according to CoinMarketCap. Compared to the all-time high of $3 trillion, it's clear there's been a massive sell-off. Triggered by the collapse of Luna, which wiped off $20 billion in an instant, and troubles with platforms like Celsius, many investors have walked away with their money. 


And yet a core group of crypto diehards remain—the HODLers. They are motivated by different purposes but united by a common belief in the staying power and long-term profitability of cryptocurrencies. 


What is Hodl?


"HODL" is the popular term in cryptocurrency investment circles for the buy-and-hold trading strategy. The strategy encourages investors to ignore volatility in the near term with a belief that a token will appreciate in value over a longer time frame. 


Many crypto HODLers have witnessed past bear markets that lasted months and years. Confidence similarly tanked like now and many skeptics sang requiems for crypto. But they stayed calm, kept believing and managed to multiply the value of their holdings when fresh investments poured into the market. 


They see similar opportunities in the current financial crisis, the worst in more than a decade, and have been advocating patience in anticipation of a long-term bullish future. 


Crypto evangelists like Michael Saylor have kept playing drums of optimism despite the general doom and gloom. The MicroStrategy CEO remains a firm believer in bitcoin's current viability and future potential despite losing almost $5bn in notional value due to the market downturn. 


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