The landscape has never been more fertile for innovative services that aim to solve some of the bottlenecks of centralized systems. At the same time, the thriving cryptocurrency industry continues to face hurdles to the goal of financial freedom for everyone because of minimal integration with traditional finance. Kyrrex is a new, disruptive, service that combines the worlds of traditional finance, online banking, and cryptocurrency on one secure accessible platform.
Kyrrex Coin (KRRX) a new cryptocurrency, will anchor transactions, trading fees and perform sundry other utilities in the Kyrrex ecosystem. As the native token on what figures to be a thriving crypto exchange and digital banking platform, there's a big potential for early investors in the coin to reap massive rewards.
These days, it seems like every developer is working on the next big crypto project. However, if everything falls in place, Kyrrex has the potential to become a genuine gamechanger. The crypto space has been crying out for an all-in-one solution where users can access, transact and manage both fiat and crypto without geographical and legal restrictions.
● Support for up to 177 fiat and digital currencies including the USD, Euro, Pounds, Ruble; Bitcoin, XRP, Litecoin, Cardano, Monero and EOS
● Support for international cross-border payment services like SWIFT, SEPA, Visa and MasterCard
● Support for direct fund transfer to credit and debit cards
● High liquidity and low trading fees
● Integrated cross-platform wallet
Kyrrex is an ecosystem that integrates everything the crypto user needs in one place and mitigates the need to have several accounts with different platforms. Both private and institutional traders can buy and sell cryptocurrency, convert crypto to fiat, make payments for goods and services, and enjoy low trading fees, fast transactions and minimal trading slippage on the multipurpose Kyrrex Exchange.
1. Kyrrex Exchange. Professional crypto exchange underpinned by a fast engine, high-grade cryptographic encryption and ample liquidity to buy and sell the biggest popular digital currencies as well popular new crypto listings.
2. Liquidity Hub. A service that facilitates high-volume trading and pressing liquidity needs for projects through a reliable order book and real-time data streams.
3. Kyrrex Wallet. A multi-coin and non-custodial wallet for crypto storage and portfolio management. Users can back up their funds to protect against unauthorized access.
4. Kyrrex OTC. Over-the-countertrading services for retail and institutional traders at competitive rates.
5. Kyrrex Banking Platform (upcoming). An online banking platform that streamlines crypto-fiat transfers and cross-border payments.
6. Kyrrex Tokenization Platform (upcoming). A service that allows institutional clients to tokenize any viable asset.
7. Kyrrex Merchant Platform (upcoming). A platform that enables direct access between the crypto and eCommerce worlds.
With so many new crypto releases coming out everyday, it's impossible to say for sure which ones will become successful and which ones will turn out to be big busts. However, the best bet is always to go for new coins with an underlying service platform that enables multiple use cases.
With a business plan that promises to impact the worlds of crypto and traditional finance in a big way, there's no doubt that Kyrrex is poised to become a popular name in the cryptosphere. Investors who get in on the action now will be smiling to the bank once the platform hits the mainstream.
Kyrrex Coin (KRRX) is perhaps the most exciting new crypto coming out this year. It certainly has the potential to become one of the biggest exchange coins in the fullness of time.
KRRX is the native token of the Kyrrex ecosystem and its utility is tied to the platform. Currently in presale, this token is shaping up as one of the best new coins to invest in because it will become an indispensable utility token on a platform that's poised to make waves in the crypto industry.
A look at the starting and current prices of the main exchange tokens like Binance's BNB, Okex's OKB and Crypto.com's CRO clearly shows that exchange coins are among the biggest source of crypto profits for early investors. Whereas most crypto tokens are just speculative assets with no intrinsic value, exchange coins are attached to the parent platform. As the exchange grows and attracts new traders and investors, the usability and demand for the platform token will increase commensurately.
Therefore, an exchange coin like Kyrrex is very likely to be the next big crypto product. Not only will Kyrrex compete with the biggest exchanges around, it is bringing in features to the crypto space that other platforms can only dream of. This means that the KRRX token will have many uses across different services on the Kyrrex ecosystem which in turn will drive demand from traders and investors.
The key to maximizing returns from the new coins coming out is to get in as early as possible. That means grabbing a piece of the token before it officially comes to the market at TGE.
When looking for the next big crypto project to invest in, many things need to be considered in order to make an informed decision. One important thing that should be checked is the protocol or blockchain the coin will be issued on.
While every blockchain claims to be decentralized in some way, there will naturally be some separation between them. One chain might be the most popular, another the fastest, a third the most scalable, and a fourth the most innovative. These different qualities have implications for the cryptocurrencies issued on the blockchain. A mishap or hack on a chain can affect all the tokens that use that protocol. For this reason, certain blockchains are more desirable than others for a new cryptocurrency release.
Kyrrex Coin will be issued on the Tron blockchain and use the TRC-20 protocol standard. Tron was founded in 2017 and managed by the Tron Foundation. It is one of the top blockchains and best crypto 2021 token-issue protocols.
Tron is a blockchain platform with no middleman. It is built to deregulate and decentralize the Internet by taking control away from big corporations and handing it over to individuals. Tron is a highly-secured hub of permissionless tools and protocols that uses smart contracts to deploy decentralized applications.
Launching on Tron will enable Kyrrex to build a robust and censorship-resistant ecosystem and promote speedy transactions since Tron can handle 2000 transactions per second — a number many times that of Ethereum's.
Apart from these, the TRC-20 standard will offer holders and users the following benefits:
● Decentralized payment processing
● Fast and easy token swaps
● Compatibility with Tron wallets across all platforms
Thus, Tron is a great choice as the blockchain for the native token of the Kyrrex ecosystem.
The team behind any new cryptocurrency coming out usually have several methods available to acquire funding for the project through initial sale. Depending on the characteristics and goals of the coin, it can launch via ICO, IDO, IEO or the traditional route of securing funding from venture capital and angel investors.
Kyrrex are using a unique method for the Kyrrex Coin presale. Before we delve into that, we can take a brief look at the different ways to secure funding for a cryptocurrency project.
An Initial Coin Offering (ICO) in the crypto space is analogous to an initial public offering (IPO) in the stock market. During an ICO, a crypto company issues its token to interested investors who pay for their stake in fiat or a specified digital token. The token may have some practical use besides its value or it may just stand for a stake in the project.
After Ethereum sold out its ICO in 2014, coin offerings became the favorite way that new coins launched until a lot of investors lost money during the "ICO craze" of 2017. Many projects got advertised as the "next big crypto" but turned out to be pump and dump schemes. Thereafter, ICOs began to acquire a nefarious reputation.
To combat this perception about initial token offerings and restore investors' confidence in genuine projects, crypto creators began to explore better and safer methods to launch their tokens. This led to…
The Initial Exchange Offering (IEO), an ICOthat uses a popular (and centralized) exchange as a launchpad. The token issuer reaches an agreement with the chosen exchange to use their platform to offer the token to users of that exchange and pays a listing fee for the service.
An IEO lends credibility to new cryptocurrencies. This is because investors will be confident that the exchange has done its homework and wouldn't throw its backing behind a scam or poorly-planned project.
Nevertheless, a company that uses the IEO model typically also has to give up a percentage of the token (or token sales) to the exchange. It's essentially a trade where the exchange sells its reputation for money and other benefits.
However, many people are wary of participating in IEOs because of the lack of anonymity on centralized exchanges.
With an Initial DEX Offering (IDO), there's no need to sign up to an account or fill a KYC form on a centralized exchange. With just a wallet and the coins needed to purchase the token, the investor is all set.
A DEX is a decentralized exchange where anyone can transact or swap tokens anonymously. A variation of the DEX is the launchpad: an on-chain or chain-agnostic platform designed specifically to facilitate token launches.
However, launching via an IEO or or IDO has its drawbacks and the Kyrrex team has taken this into consideration when planning the medium for the initial presale to investors. Using a centralized or decentralized exchange means giving up some control over the specifics of the token sale.
Moreover, an IEO or IDO presale runs the risk of being hijacked by bots and whales, which would be a less than ideal outcome. It's better to spread the tokens around rather than have it concentrated in the hands of a few people who know how to game the system.
For this reason, the Kyrrex token launch follows a hybrid model that guarantees exclusiveness and anonymity for early investors and then a fair IEO public sale which everyone can participate in. The private sale round for early investors was massively oversubscribed and this has led to much anticipation ahead of the main release to the general public.
The Kyrrex team is focused on attracting investors who are committed to the long-term vision of the project. Patience and support will be key as the platform organically takes shape. The private sale and subsequent pre-launch sale rounds will onboard buyers of all stripes willing to bet on the token's potential as possibly the next big crypto success story.
The total supply of KRRX is 500m. This means that the maximum amount of Kyrrex Coin tokens that can exist is capped at 500m. No new tokens will be issued beyond that figure.
Out of the 500m KRRX tokens, 250m tokens are available for distribution during the presale and launch rounds.
● Private sale — 50m
● Presale — 50m
● Public sale (IEO) — 150m
The public sale round will give everyone the chance to grab a share of 150 million KRRX tokens at a price of one dollar per token when the coin is officially launched on its own exchange.
That still leaves 250m Kyrrex tokens. 50 million of that will be used to power the platform's operational costs and the remaining 200m tokens will be locked. However, there will be periodic unlocks every six months for four years.
KRRX is a deflationary token due to its capped total supply and the team intends to slowly burn KRRX coins in the future until there are only 250 million tokens left.
Holders of the Kyrrex token will be able to stake their coins to earn interest and unlock exclusive rewards.
With a multitude of new coins to mine and invest in, investors are more at ease with a company that is transparent about what it will do with the funds generated after a crypto launch and how it'll be divided between different platform needs.
● 45% to develop the platform and the services that will be available at launch.
● 35% for marketing the token to a wider audience.
● 10% to legally acquire the licenses needed for the online banking arm of the platform.
● 10% insurance fund to hedge against unforeseen events in the future.
Buying and holding KRRX is a key that unlocks lots of benefits on the Kyrrex multipurpose platform. In addition to projected future increases in the price of the KRRX coin, holders can also enjoy the benefits listed here:
● Staking KRRX to earn more of the token
● Trading rebates of up to 60% off for those who've staked their KRRX
● Easy settlement of subscription free for social trading and multi-account management
● Additional discounts for referring users to the platform when staking KRRX
● Bonuses for using and referring others to the online banking service
● Opportunity to acquire recently added coins via IEO on the Kyrrex exchange
● Pay reduced prices for goods and services on the eCommerce platform.
History has proven that successful crypto projects have certain characteristics that helped them to stand out in a crowded field where thousands of coins are vying for attention. Though not everyone can agree about what a good crypto coin is, there are some elements shared by all good coins.
Bitcoin managed to successfully kick off the crypto craze because it offered a way to easily bypass centralized payment systems. Moreover, it was secure while doing so, meaning everyone could transfer their funds via bitcoin with confidence. It didn't just exist for its own sake but solved a real-world problem. Platforms like Ethereum expanded on crypto's core principles by offering a way to build censorship-resistant applications where people can anonymously perform any type of transaction imaginable.
Kyrrex Coin is a secure ecosystem token which can be held on any supported wallet as well as various exchanges after its public listing. Wallets have a permission mechanism called a private key without which nobody can access the funds stored in the wallet. You can either move your tokens to a supported wallet or keep it on a secure exchange.
Though Kyrrex is the native token of a centralized exchange, the platform itself is subject to rigorous regulation which will help keep them on their toes and bringing out the best services and practises for readers and investors. Being an AML-compliant service means the token is less risky compared to coins whose developers don't have to answer to any authority.
Even so, the private sale, presale and public sale rounds figure to spread half of the tokens to investors with the other half slowly being unlocked and put in circulation. This will eliminate the possibility of undue manipulation by whales and subject the token to the market forces of demand and supply.
Furthermore, KRRX is a token with established utility. Many presumed "next big crypto" projects launch with so much fanfare but actually have nothing to offer the users. Kyrrex Coin is a different kettle of fish. It solves a practical problem. It serves as the utility token of the Kyrrex ecosystem just as Binance Coin (BNB) and FTX Token (FTT) perform the same roles on the Binance and FTX platforms respectively. Kyrrex Coin will eventually mature into a payment method for goods and services on the Kyrrex marketplace and affiliated sites.
In addition, the KRRX coin is an easy-to-use token. Once the Kyrrex exchange goes live, users will be able to buy, sell and manage their tokens through Android, iOS or a computer browser and a simplified interface like any popular cryptocurrency. Moroever, the coin will be available on top exchanges so users won't need to go looking for it in some secret corner of the crypto web.
A well-backed exchange is one of the surest things in crypto because the demand for more avenues of trading coins keeps increasing as the industry slowly gains mainstream attention. This makes the Kyrrex Exchange a new cryptocurrency launch 2021 sure banker. Hence, KRRX, the flagship token of the ecosystem, will be in high demand. Traders and investors that flock on the platform will need KRRX for staking, trading and other activities on the platform thus ensuring sustainable interest in the token. This will drive its value up and keep it on the public radar.
Unlike fiat currencies and certain digital coins like Ether, Kyrrex Coin is a limited-supply token. There will only ever be 500 million KRRX in circulation this ensures some scarcity and creates deflationary pressure which will help keep the coin on an upward trajectory in a volatile market. The controlled release schedule and regular token burns will also help ensure price stability.
The cryptocurrency market is a rapidly evolving landscape that offers big opportunities for profit. However, navigating this market can be challenging, particularly for those who are new to the space. In this article, we will explore how you can maximize your profitability in cryptocurrency trading by taking advantage of Kyrrex's wide range of trading opportunities.
Open trades are trades that have not yet been closed. These trades can have a significant impact on profitability, as they represent potential gains or losses. In general, having more open trades can increase profitability, as long as they are managed effectively.
One way to manage open trades is to use stop-loss orders. A stop-loss order is an order that automatically closes a trade when a certain price is reached. By using stop-loss orders, traders can limit their losses and protect their profits.
For example, if a trader buys a coin at $10,000 and sets a stop-loss order at $9,500, the trade will automatically close if the price falls to $9,500. This can help the trader get out of a bad trade before their loss becomes bigger.
Another way to manage open trades is to stay up-to-date with market trends. By staying informed on market trends and using technical analysis, traders can identify potential trading opportunities early and make informed trading decisions.
For example, if a trader notices that the price of a particular cryptocurrency is trending upwards, they may decide to open a long position (i.e. buy the cryptocurrency) with the expectation that the price will continue to rise.
However, it is important to remember that open trades are never risk-free. If the market moves against the trader, they may end up losing money on the trade. To minimize this risk, it is important to use appropriate risk management strategies, such as setting stop-loss orders and diversifying your portfolio. Stop-loss on a winning trade locks in your profits while a diversified portfolio helps to spread risk around.
Trading several cryptocurrencies, instead of just one or a few, is essential for maximizing profitability. By limiting yourself to a small number of cryptocurrencies, you are potentially missing out on gains that could be made by trading in other coins. Additionally, trading more cryptocurrencies can help to minimize risk, as losses in one coin can be offset by gains in another.
Here are some benefits of a diverse cryptocurrency portfolio:
Kyrrex is a leading crypto-fiat platform that offers comprehensive services for individuals and institutional clients alike. With its advanced trading, storage, and payment technologies, Kyrrex is designed to meet the needs of modern cryptocurrency enthusiasts.
One of the main advantages of Kyrrex is its wide range of trading opportunities. Users can access the built-in trading terminal, which allows for seamless transactions in cryptocurrency pairs. Currently, Kyrrex offers a total of 20 currency pairs, including popular options such as AVAX/USDT, ETH/USDT, and XRP/BTC. By offering a diverse range of currency pairs, Kyrrex enables users to trade in a way that best suits their needs and preferences.
The Kyrrex trading platform boasts flexible functionality. Users can easily analyze and track quotes around the clock, select limit and market orders, and enjoy reduced trading commissions. These features make it easy for users to make more trades and analyze market trends, thereby increasing the chances for gains.
In addition to its trading capabilities, Kyrrex offers a comprehensive set of features to help users manage their cryptocurrency assets. With its state-of-the-art storage technologies, Kyrrex ensures the safety and security of user funds. Users can also take advantage of the platform's advanced payment technologies, which enable them to make and receive payments in a variety of currencies.
Maximizing profitability in cryptocurrency trading requires a combination of trading in a wide range of cryptocurrencies and effectively managing open trades. Kyrrex's wide range of trading opportunities, advanced trading tools, low trading fees, and real-time market data make it an ideal platform for those looking to engage with the cryptocurrency market.
Bitcoin (BTC) has emerged as one of the most popular cryptocurrencies in the world, and its value has skyrocketed in recent years. As a result, traders and investors have become increasingly interested in BTCUSDT trading on platforms like TradingView.
TradingView is a popular charting platform that allows users to analyze and trade financial markets. With BTCUSDT trading, traders can track the performance of Bitcoin against Tether (USDT), a stablecoin that is pegged to the US dollar. This pairing is commonly used on crypto exchanges, and TradingView provides comprehensive BTCUSDT charts and indicators for traders to make informed decisions.
BTCUSDT's price action has been volatile, with sharp price swings and fluctuations. However, the overall trend for BTC has been bullish, with the cryptocurrency hitting all-time highs in recent years. TradingView's BTCUSDT charts provide traders with the ability to track BTC's price movements in real-time, as well as view historical price data.
Technical analysis is a popular method for traders to analyze financial markets, and BTCUSDT trading is no exception. TradingView provides a wide range of technical indicators and charting tools to help traders analyze BTC's performance.
One popular indicator used in BTCUSDT trading is the Moving Average Convergence Divergence (MACD) indicator. This indicator can help traders identify trend reversals, as well as potential entry and exit points. Additionally, traders can use other technical indicators like Relative Strength Index (RSI), Bollinger Bands, and Fibonacci retracement levels to gain further insight into BTC's price action.
In addition to technical analysis, fundamental analysis is also important in BTCUSDT trading. Fundamental analysis involves analyzing the underlying factors that affect BTC's price, such as adoption rates, regulatory changes, and economic events.
TradingView provides traders with access to news feeds and economic calendars, which can help traders stay up-to-date on the latest developments that may affect BTC's price. Additionally, traders can use TradingView's social networking features to discuss and share information with other traders and investors.
BTCUSDT trading on TradingView offers traders a comprehensive set of tools and indicators to analyze Bitcoin's performance. With both technical and fundamental analysis options available, traders can make informed decisions about when to enter and exit the market. However, as with any financial market, BTCUSDT trading carries risks and traders should exercise caution and conduct their own research before making any investment decisions.
There are two sides to everything, though humans tend to focus on one side of the coin. The latest weapons can help through deterrence, not just destruction. Artificial intelligence is an incredibly useful tool despite its dangers. And cryptocurrency, just like everything else, can be a force for good in the world.
Crypto is about PnLs, market and limit orders, DeFi and staking, coin offerings and L1s. It is also about borderless payments which can facilitate goodwill donations by anyone from anywhere to any organization that works towards a noble cause.
The philanthropic space, just like health, finance and sports, has realized the benefits of adopting crypto. Some of the best known global and regional charities have created channels for crypto donations.
Bitcoin, Ethereum and stables like USDT are the most popular coins supported by charities accepting crypto. Depending on the type of crypto charity, other popular digital coins like Dogecoin, Monero, Bitcoin Cash and Litecoin may also be accepted.
So if you're moved to reserve some of your cryptocurrency holdings or trading gains for a worthy cause, there are lots of charity crypto projects that would be happy to receive your donation
These crypto-affiliated charities vary by mission. Some are dedicated to helping oppressed peoples in war-torn areas like Ukraine to stand up to the aggressors. Others utilize blockchain technology to support next-gen ideas and technology like effective altruism and AI.
These organizations all have noble goals and have thrived through the benevolence of citizens who use some of their crypto for charity. This article presents 5 reliable and dependable crypto charity projects. So if you're looking for charities that accept crypto, you've come to the right place.
The Electronic Freedom Foundation (EFF) is a U.S. 501(c)(3) nonprofit that has a mission to defend civil liberties and human rights both online and offline, but especially online. It supports outreach and legislation that protect digital rights and provides funding for projects that promote the rights of the individual to free expression in the digital space.
The EFF sees increased legislation and user restrictions in the digital age as a wall that stifles creativity and infringes on the rights to liberty. Thus, it campaigns hard against moves that seek to restrict people's rights and freedoms, especially online. The organization has a long and proud history of canvassing change and is one of the best charity crypto projects around. It accepts Bitcoin, Bitcoin Cash and Ethereum from individual donors and you can also elect to receive some cool swag if you donate at least $100.
The start of the war in Ukraine has led to a groundswell of governmental, institutional and individual support for the beleaguered country which continues to maintain its independence in the face of overwhelming odds. The Kyrrex Charity is the social arm of Kyrrex, a regulated crypto-fiat ecosystem. Its goal is to work towards the war's end and victory for Ukraine by supporting the country's civilians, volunteers and defenders through financial aid.
The foundation organizes charity events and fundraisers all over the western world to raise money which it then distributes to various agencies across Ukraine.
Because of the difficulties caused by the war, crypto donations to Ukraine is one of the best ways to get money across to those who need it on the ground. That is why the Kyrrex Charity's main vehicle is a crypto charity fund. Benevolent individuals and organizations can directly donate Bitcoin, Ether and USDT through the foundation's Ukraine crypto donations wallets and be rest assured the money will be used for a worthy cause.
So if you have excess coins gathering dust in your wallet or cold storage and wondering how to donate crypto to Ukraine, you can send your coins to a Kyrrex Charity wallet and sleep easy knowing you've just done a great deed for humankind.
Unicef, or the United Nations Children Fund, works in 190 countries across six continents to help children overcome developmental and geographical challenges and achieve their full potential from early childhood to adolescence. It's long been one of the most visible agencies of the UN and its impact has been felt in every corner of the globe for decades.
In 2019, UNICEF launched a crypto fund to simplify fundraising and grants distribution and reach their networks of donors and beneficiaries faster than the complicated web of traditional finance would allow. Donors can send BTC and ETH directly to the UNICEF CryptoFund. To date, the fund has received 8 BTC and 2527 ETH which is distributed to open-source frontier tech solutions showing promising results.
All donations made by the funds are done in BTC and ETH only and capped to $100k. Through this scheme, UNICEF has invested 52 ETH in a digital cash and voucher transfer platform in Nigeria, 43.5 ETH in a platform for digital healthcare savings in DR Congo, and 21 ETH in a tool for visual eye tests to detect vision disorders among children in the UAE.
Would you like more control and flexibility over your charity crypto donations? Then you can check out The Giving Block. This donations service is like a crypto charity marketplace that allows you to give crypto to a nonprofit, charity, university, faith organization, environmental NGO or any other mission-driven agency of your choice.
The Giving Block emphasizes choice and flexibility. Donors are free to choose any of the 100+ organizations that accept crypto donations through the service. You can use their search tool to filter available organizations. For example, a "crypto donations Ukraine" search brings up the Ukrainian American Coordinating Council, the US-Ukraine Foundation and similar organizations. You can also switch to "Impact index funds" and donate crypto to a particular cause, such as the war in Ukraine, women and girls empowerment, or arts and culture.
Another big draw of The Giving Block is the versatility provided for those who use the platform to donate crypto to charity. Most blockchain-positive philanthropic platforms support just a few cryptocurrencies. But on The Giving Block, you have your pick of more than 70 crypto options to donate with such BTC, ETH, USDC, USDT, DAI, MAKER, AVAX, SOL, and many more.
Tor, or The Onion Router, is the free and open-source browser that enables anonymous communication through a network of volunteer nodes spread across the world. The Tor project and its browser allow users to bypass censorship and restrictions on internet usage. It generates a semblance of digital privacy and independence in an environment rife with governmental policy.
The Tor Project accepts donations in crypto and other avenues to keep the Tor network running and protected against intrusion by global institutions and governments. Tor accepts crypto donations in 9 currencies including Bitcoin, Ethereum, Dogecoin, Augur, Dash, Litecoin, Monero, Stellar Lumen, and ZCash.
If you'd love to donate crypto to charity, you can try one of the organizations on this list or another one that accepts digital currencies. You can donate your crypto directly—no need to convert into a stablecoin or fiat money first. Moreover, if you have a stablecoin in your portfolio, you can donate that. The price of a stable fluctuates less compared to traditional cryptocurrencies, which can benefit the charity of your choice more than a volatile coin would.
Making donations to a charity actually helps fulfill one of the founding principles of cryptocurrencies—anonymity. By donating through crypto, you show that you truly care about a cause and aren't donating just to look good in the news or on social media.