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ETH Options launches on PowerTrade

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PowerTrade, the most sophisticated crypto options trading platform, announces the addition of ETH options. PowerTrade’s addition of ETH options trading comes just as the asset retests its all-time-high with key resistance levels along the way—likely resulting in market volatility and presenting the ideal time for options trading.  

Given many crypto exchanges are not designed to support the complexity of options trading, the options market has been underserved until now. PowerTrade is specifically designed to support crypto options, enabling professional and retail traders to maximize ROI through an easy-to-use interface that aims to provide better prices at higher volumes with less capital. As the only crypto exchange that offers options priced in USD with SPAN (Standard Portfolio Analysis of Risk) margin, PowerTrade holds great appeal for traders seeking to discover new ways to make greater profits.

The ETH options are portfolio (SPAN) margined with the BTC options market, allowing for complex options strategies.  Also known as Portfolio Margin, SPAN margin takes traders’ entire portfolio risk into account when determining margin requirements, not just the risk of a trader’s individual positions.

This means if a trader has multiple positions that offset each other when the market moves, the required collateral will be much lower than the typical crypto margin exchange. The benefit of SPAN is that after calculating the worst-case daily move for one particular open position, some positions end up in profit, not requiring any margin and enabling unrealized gains to offset margin obligations for losing positions or new positions.

In the maturing crypto market, the integration of SPAN is integral in empowering traders to maximize ROI.

Tom Howard, Business Development & Growth at PowerTrade, expressed, “We’re very pleased to be able to offer ETH options trading to the wider crypto market at such a pivotal time in Ethereum’s development. Because PowerTrade’s platform is easy to use and mobile-first with low minimums and low fees, it truly puts the power of ETH options into the hands of traders.”

PowerTrade is now allowing all users to trade and earn up to $1,888 with PowerRewards.

Here’s how: 

  • Deposit funds up to $1,000 min. and earn $20
  • Trade min. $1,000 worth of crypto options (BTC/ETH) and earn $30
  • Earn additional rewards as you trade higher, up to $1,888
  • Must complete steps above and apply to earn rewards

For more information about PowerRewards, view our blog

To stay up-to-date on our latest news and developments, please join our Telegram channel and follow us on Twitter

About PowerTrade

PowerTrade is an easy-to-use crypto options trading platform, enabling traders to maximize ROI through an intuitive interface that provides better prices and lower margin requirements.

At PowerTrade, it’s easy for anyone to get started trading with as little as $1 USD and continue trading with simple, fast, mobile-first trading for crypto options.

 Disclaimer: This is a paid post and should not be treated as news/advice.

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Source: https://ambcrypto.com/eth-options-launches-on-powertrade

Blockchain

Supra Partners #25 — SupraOracles partners with Web 3.0 powerhouse reBaked

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SupraOracles

SupraOracles is delighted to partner with reBaked on a variety of projects in the NFT, metaverse, and DAO (decentralized autonomous organization) space. reBaked is a crowd building DAO platform that grows Web 3.0 ecosystems and finds innovative solutions to DeFi’s most pressing challenges.

SupraOracles will supply real-time data feeds for reBakeds Playshare, an exciting play-to-earn platform that encourages creativity and community gameplay. SupraOracles’ oracle services also track off-chain voting data and distribute it on the blockchain, allowing DAOs to execute decisions transparently — a solution that will be used for reBaked BUILD. Other reBaked-SupraOracles collaborations include cross-chain bridges for NFTs in the metaverse, fast-paced hackathons using reBaked’s CrowdHack, and other stealth-mode projects.

Nikolaos Kostopoulos, Co-Founder of reBaked, commented: “We are excited to work closely with the SupraOracles team, which is undoubtedly one of the strongest technical teams we have worked with. This is verifiable by the number of grants they have received from leading blockchains and tech organisations such as NEAR, Arweave, Digital Ocean, Polygon, Tezos, Dfinity, Zilliqa, and more. SupraOracles team will play an integral role in bringing to life promising projects such as reBaked BUILD, Pioneers, and PlayShare which are DAPPs and Governance Protocols with case studies that involve external data.”

Joshua D. Tobkin, CEO and Co-founder of SupraOracles, commented: “reBaked’s impact in the Web 3.0 ecosystem is admirable, to say the least. We are proud to be working with them on such a diverse range of projects! SurpaOracles is looking forward to a long-term and symbiotic partnership with reBaked.”

About SupraOracles

SupraOracles strives to bridge the gap between traditional capital markets and the Web3.0 ecosystem. Our vision and driving mission is to empower the developer community with a novel oracle toolset so that they may conveniently create, deploy, and manage data applications with superior performance, robustness, and agility.

Our project is supported by seasoned professionals with experience in the architecture of consensus mechanisms, randomness research, real-time data services, investment banking, digital securities, traditional stock exchanges, big data, doctoral academia, big 4 consulting, blockchain/DLT, and DeFi.

Together with our developer community and growing list of partners, SupraOracles aims to solve the oracle dilemma and ultimately, power the future of finance.

Join SupraOracles’ community: Website | Twitter | Telegram | LinkedIn | Announcements | Medium

About reBaked

reBaked is building a set of governance, management, and operations tools for DAOs and Web 3.0 ecosystems to better distribute and manage their treasuries- by focusing on value creation.

Our projects across different niche markets help networks to align incentives with contributors- safeguarding the long-term success, and financial well-being of blockchain ecosystems. Tools are designed to offer collaboration tools, growth mechanisms, and governance infrastructure to help projects achieve shared goals

Our protocol allows Web 3.0 Projects to get enhanced deliverables faster, build stronger community bonds, decentralize faster, and achieve a better return of value to the stakeholders.

Our native token $BAKED is backed by ecosystem treasuries accumulated by incubated projects, which are actively managed by the RBKD DAO.

Join reBaked’s Community: Telegram Community | Twitter | Youtube | Medium | Announcements

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Source: https://medium.com/@SupraOracles/supra-partners-25-supraoracles-partners-with-web-3-0-powerhouse-rebaked-da94149bf670?source=rss——cryptocurrency-5

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Blockchain

China asks McDonald’s to Expand Digital Yuan Use Across Outlets, Here’s Why

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By

Prashant Jha

Published 5 seconds ago Updated 5 seconds ago

China is now looking for an aggressive digital yuan push right before the winter olympics. The national soverign digital currency whose development was completed in 2019 is currently being widely tested across various provinces in China before the official launch. The latest report from Financial Times noted that the Chinese government has asked fast-food giant McDonald’s to expand digital yuan use across its chain.

Digital yuan is currently being accepted as payment across 270 outlets across China, however, the report suggests the Chinese authorities want the fast-food outlet to increase digital yuan acceptance along with the likes of other retail giants such as VISA and Nike. One of the spokespeople for McDonald’s in China said,

 “Shanghai is our pilot city and we will learn from customers’ response.”

Is China Planning Official Digital Yuan Launch by Winter Olympics

China is currently at the forefront 0f CBDC development compared against nearly 180 other countries working towards their own soverign digital currency. The reason for its advancement in the field could be attributed to an early start. China ordered the development of the digital yuan back in 2014 and it was finally completed after five years. While speculations about a possible official launch have been rife since the last quarter of 2019, the latest push before the Winter Olympics indicates a possible launch before the games.

A majority of the other nations working towards their CBDC are years behind, but most recently France tested the use of CBDC in government bond settlements and carried out nearly 500 operations during the trial. South Korea and Russia have stated that the pilot programs for their CBDC would begin by early 2022, while the United States is still in the pre-development phase.

Many believe the most recent crackdown and crypto ban imposed by the Chinese Central Bank was done keeping the launch of the digital yuan in mind. Given the governance in China, the government doesn’t recognize any private digital assets as a form of currency or exchange.

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Disclaimer
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
About Author

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Source: https://coingape.com/china-asks-mcdonalds-to-expand-digital-yuan-use-across-outlets-heres-why/

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ACN Newswire

Zeronauts Assessment Platform Goes Live in Q4 2021

Wil, Switzerland, Oct 20, 2021 – (ACN Newswire) – Recently, Zeronauts has launched the beta tester program for their crypto assessment platform. The official platform will go live at the end of Q4/2021.

Zeronauts is the first crypto review platform from the crypto community for the community with a focus on sustainability. The Swiss crypto project Zeronauts emerges as a leader and pioneer in creating a more sustainable crypto market. Based on the crypto token ZNS, it pursues the vision of bringing ecological and social responsibility to crypto.

The challenge of an unsustainable crypto market

The team behind Zeronauts has recognized the issue that the concept of sustainability has been strongly neglected in crypto. The crypto market is known for fraud, pump and dump schemes and the high energy consumption of Bitcoin. 98% of cryptos that were created during the crypto bubble between 2016 and 2018 do not exist anymore. Most projects were scams or colossal failures. Unfortunately, the negative image of crypto also hits long-term valuable crypto projects that have found a way to use the Blockchain technology in a meaningful way.

In this market circle, it is about time that investors can easily differentiate between long-term promising or in other words sustainable crypto tokens and unsustainable ones.

How Zeronauts transforms the crypto industry

This is where Zeronauts enters the game. Zeronauts builds a community-based rating platform for cryptos. Different to other rating platforms, Zeronauts uses scientific methodologies that consider economic, social and ecological factors to rate cryptos. There is a clear focus on assessing the long-term success of crypto tokens. To scale the Zeronauts rating platform quickly, it uses a unique approach to involve the whole crypto community to write assessments. ZNS transaction fees are used to reward community members for their service of writing crypto ratings. As Zeronauts grows, this can become extremely lucrative for token auditors. All assessments are reviewed by the Zeronauts team before they are uploaded to the assessment platform to guarantee a high-quality standard. With this approach, Zeronauts aims to become the largest crypto rating platform in a short time period.

Zeronauts searches beta testers for their assessment platform. Interested crypto community members can register for the “Become a Zeronaut” program: Become a Zeronaut – Zeronauts. The assessment platform goes live in Q4/2021.

The Zeronauts labels – a unique and meaningful NFT use case

Based on the rating platform, Zeronauts introduces sustainability NFT labels to the crypto market. This allow investors to identify very easily sustainable crypto tokens. They do not waste time and money on one of the many existing scams.

Crypto projects can request an audit of their token for a fee. When their token meets the Zeronauts sustainability standards, they earn a Zeronauts NFT label.

Zeronauts implements a label tier system with bronze, silver, gold and a diamond labels. As the labels are NFTs, they are stored on a blockchain, where everyone can verify the label authenticity.

Part of the audit fee is directly reinvested into the ZNS token. That means, the more assessments are written, the higher the ZNS price will be. This makes the ZNS token also extremely interesting for investors.

Zeronauts NFT label tier system with bronze, silver, gold and diamond labels

Zeronauts mission to become the central authority for a sustainable crypto movement

Sustainability is a clear trend in the crypto market and will become much more important in the future. Especially with stronger regulations, there is a high need for differentiating between sustainable and non-sustainable crypto tokens.

Building a fast growing and highly active assessment platform is the first important milestone for the Zeronauts project. The project team has a clear vision that even the largest crypto tokens will strive for a Zeronauts label to proudly show their efforts in building a sustainable token.

Yet, the Zeronauts project will not stop there. Long-term goals include building the Zeronauts DEX, a decentralized and sustainable exchange platform as well as a learning platform with focus on sustainability.

About Zeronauts

The work done by Zeronauts is one of a kind. The team behind Zeronauts are Swiss blockchain enthusiasts who share the passion for the crypto universe. Driven for something bigger than themselves, with great commitment, revolutionary thinking and team spirit, they are up to revolutionize the crypto space and make it much more sustainable. The company incorporation will take place at the beginning of next year.

Social Links
Twitter: https://twitter.com/Zeronauts_io
Instagram: https://instagram.com/zeronauts
Twitter: https://twitter.com/Zeronauts_io
Telegram: https://t.me/Zeronauts

Media Contacts
Company: Zeronauts
Contact: Simon Nef, Director of Partnership
Email: info@zeronauts.io
Website: https://zeronauts.io



Copyright 2021 ACN Newswire. All rights reserved. www.acnnewswire.com

Published

on

Wil, Switzerland, Oct 20, 2021 – (ACN Newswire) – Recently, Zeronauts has launched the beta tester program for their crypto assessment platform. The official platform will go live at the end of Q4/2021.

Zeronauts is the first crypto review platform from the crypto community for the community with a focus on sustainability. The Swiss crypto project Zeronauts emerges as a leader and pioneer in creating a more sustainable crypto market. Based on the crypto token ZNS, it pursues the vision of bringing ecological and social responsibility to crypto.

The challenge of an unsustainable crypto market

The team behind Zeronauts has recognized the issue that the concept of sustainability has been strongly neglected in crypto. The crypto market is known for fraud, pump and dump schemes and the high energy consumption of Bitcoin. 98% of cryptos that were created during the crypto bubble between 2016 and 2018 do not exist anymore. Most projects were scams or colossal failures. Unfortunately, the negative image of crypto also hits long-term valuable crypto projects that have found a way to use the Blockchain technology in a meaningful way.

In this market circle, it is about time that investors can easily differentiate between long-term promising or in other words sustainable crypto tokens and unsustainable ones.

How Zeronauts transforms the crypto industry

This is where Zeronauts enters the game. Zeronauts builds a community-based rating platform for cryptos. Different to other rating platforms, Zeronauts uses scientific methodologies that consider economic, social and ecological factors to rate cryptos. There is a clear focus on assessing the long-term success of crypto tokens. To scale the Zeronauts rating platform quickly, it uses a unique approach to involve the whole crypto community to write assessments. ZNS transaction fees are used to reward community members for their service of writing crypto ratings. As Zeronauts grows, this can become extremely lucrative for token auditors. All assessments are reviewed by the Zeronauts team before they are uploaded to the assessment platform to guarantee a high-quality standard. With this approach, Zeronauts aims to become the largest crypto rating platform in a short time period.

Zeronauts searches beta testers for their assessment platform. Interested crypto community members can register for the “Become a Zeronaut” program: Become a Zeronaut – Zeronauts. The assessment platform goes live in Q4/2021.

The Zeronauts labels – a unique and meaningful NFT use case

Based on the rating platform, Zeronauts introduces sustainability NFT labels to the crypto market. This allow investors to identify very easily sustainable crypto tokens. They do not waste time and money on one of the many existing scams.

Crypto projects can request an audit of their token for a fee. When their token meets the Zeronauts sustainability standards, they earn a Zeronauts NFT label.

Zeronauts implements a label tier system with bronze, silver, gold and a diamond labels. As the labels are NFTs, they are stored on a blockchain, where everyone can verify the label authenticity.

Part of the audit fee is directly reinvested into the ZNS token. That means, the more assessments are written, the higher the ZNS price will be. This makes the ZNS token also extremely interesting for investors.

Zeronauts NFT label tier system with bronze, silver, gold and diamond labels

Zeronauts mission to become the central authority for a sustainable crypto movement

Sustainability is a clear trend in the crypto market and will become much more important in the future. Especially with stronger regulations, there is a high need for differentiating between sustainable and non-sustainable crypto tokens.

Building a fast growing and highly active assessment platform is the first important milestone for the Zeronauts project. The project team has a clear vision that even the largest crypto tokens will strive for a Zeronauts label to proudly show their efforts in building a sustainable token.

Yet, the Zeronauts project will not stop there. Long-term goals include building the Zeronauts DEX, a decentralized and sustainable exchange platform as well as a learning platform with focus on sustainability.

About Zeronauts

The work done by Zeronauts is one of a kind. The team behind Zeronauts are Swiss blockchain enthusiasts who share the passion for the crypto universe. Driven for something bigger than themselves, with great commitment, revolutionary thinking and team spirit, they are up to revolutionize the crypto space and make it much more sustainable. The company incorporation will take place at the beginning of next year.

Social Links
Twitter: https://twitter.com/Zeronauts_io
Instagram: https://instagram.com/zeronauts
Twitter: https://twitter.com/Zeronauts_io
Telegram: https://t.me/Zeronauts

Media Contacts
Company: Zeronauts
Contact: Simon Nef, Director of Partnership
Email: info@zeronauts.io
Website: https://zeronauts.io


Topic: Press release summary
Source: Zeronauts


https://www.acnnewswire.com

From the Asia Corporate News Network

Copyright © 2021 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

Source: https://www.acnnewswire.com/press-release/english/70368/

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