Cryptocurrencies have been gaining popularity over the past decade, with more and more people investing in them. However, regulators worldwide are getting strict on crypto, with some countries even banning them altogether. Because of this, many centralized exchanges (CEX) are having trouble maintaining their user base and cash flow, causing them to close operations.
And while these exchanges continue struggling, an upcoming hybrid decentralized exchange (DEX) currently in its presale phase aims to become one of the top three global exchanges in the world – Tradecurve (TCRV). Keep reading to discover what makes this project so appealing, as millions of tokens have already been sold.
Regulators not letting up on the crypto market
Regulators have been gaining momentum as they continue imposing strict regulations on the crypto market. The reasons behind this crackdown are varied but generally revolve around concerns about the potential risks of cryptocurrencies, including money laundering, tax evasion, and market manipulation.
Moreover, the decentralized and anonymous nature of cryptocurrencies makes them difficult to regulate, leading to increased scrutiny from governments and financial regulators.
Because this unstable market was becoming increasingly controlled by regulators, two major centralized exchanges closed down their operations – Bittrex and Hotbit. The Securities and Exchange Commission (SEC) had filed a lawsuit against Bittrex for operating an unregistered securities platform that permitted its users to transact in unlawfully acquired assets.
Following this lawsuit, Bittrex filed for bankruptcy. And recently, Hotbit announced that it would close down all operations on May 22nd UTC 04:00 due to uncertainty around the crypto market.
The SEC and the Commodity Futures Trading Commission (CFTC) have also taken action against Binance as, in Q1 of 2023, they claimed that it is running a trading platform without the appropriate registration. With all of these accusations, many are avoiding centralized exchanges and are starting to focus more on DEXs, and Tradecurve will be an excellent one.
Tradecurve (TCRV) combines the best aspects of CEX and DEX
By creating a mix of the best features of CEXs, such as a variety of asset classes being offered and high liquidity with the ones of DEXs like self-custodial assets and keys, fast order execution, and slippage-free trading – Tradecurve aims to rival established players such as Coinbase and Binance.
This hybrid trading platform built on the Ethereum blockchain will offer all derivatives as trading options. Not only that, all of them will be available on a single account that does not require any sign-up KYC checks meaning trading forex, commodities, or crypto in a completely private manner, something that traditional trading platforms seem to overlook.
Profitable traders may leverage their experience through Copy Trading, a revolutionary platform feature. Meanwhile, beginners may use this feature to subscribe to other traders and copy what they are doing or enroll in the metaverse trading academy to learn new strategies from trading professionals.
The platform’s utility token, TCRV, offers token owners discounts and staking bonuses, among other advantages like governance. Currently, the TCRV presale is in Stage 2, and one TCRV costs just $0.012, but experts predict it may rise 50x as the presale advances. Moreover, with plans to list on Uniswap or other major Tier-1 exchanges after its launch, a 100x increase can also be expected for TCRV.
This valuation begins to make sense if we look at the notional value of outstanding over-the-counter (OTC) derivatives which increased to $632 trillion at the end of June 2022. Due to its long-term growth potential, TCRV may be an excellent investment for big returns, so sign up for its presale below.
For more information regarding Tradecurve’s presale, see links below:
Buy presale: https://app.tradecurve.io/sign-up
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