Cryptocurrencies’ upward surge is not a coincidence or fluke as many would like to believe. Behind the impressive returns lies years of research and innovation in honing blockchain technology and a robust market mechanism.
Moreover, as these digital assets gained traction, they have created an ecosystem of supportive services that boost user confidence and engagement. For instance, there are many cryptocurrency exchanges that offer users rights to vote for proposals pitched for new features, platform development and technical upgrades, among other areas.
If you are trying your hand at cryptocurrencies for the first time, check out Mushe (XMU), Litecoin (LTC), and FTX (FTT).
Mushe (XMU) – Driving Global Impact By Educating Masses About Cryptocurrencies
Banking on the power of decentralised platforms, Mushe (XMU) serves as a niche exchange for cryptocurrencies and non-fungible tokens (NFTs). Mushe has been vocal about its efforts to drive impact by enhancing access to blockchain technology and spreading the word about digital assets and their financial management.
Over time, Mushe plans to migrate to Stellar’s (XLM) network, which is an open network blockchain system that will help the platform further reduce transaction costs. An integration with Stellar comes with the opportunity to tap into its extensive network of money service providers, fintech companies and financial institutions that offer both off and on-ramping services.
Mushe has launched its own native token, XMU, that can be used for adding liquidity to the platform, staking, and transactional purposes. It can currently be purchased on presale.
To ensure its scarce supply and transparency, the XMU tokens when minted are locked for a period of three months and are then credited to a shared wallet in a phased manner i.e. on a quarterly basis. There are some tokens reserved for partners and advisors which come with a vesting period of 12 months. The reserve capital which is used for maintaining the Mushe platform and funding future launches is also locked for 12 months.
The platform offers a wide array of features for a more enriching user experience. For instance, there is the Mushe Wallet that helps users manoeuvre through the ecosystem easily and purchase, hold or exchange cryptocurrencies easily.
Litecoin (LTC) – Permissionless Payments For Seamless Experience
As a decentralised platform that paves the way for permissionless, fast, and secure cross-border payments, Litecoin (LTC) has been able to drive impact globally with a slew of advantages that give it an edge over other similar platforms.
One of the major advantages is the ease with which users can start using Litecoin. All they have to do is download their free wallet and start investing.
Moreover, it vouches for a minimal level of downtime which contributes to a seamless experience. It has a native token, LTC, that can be used for staking and all other transactional purposes on the platform.
FTX (FTT) Acquires Canada-based Bitvo
FTX is a cryptocurrency exchange that enables users to trade, swap and invest in futures options, cryptocurrencies and other digital assets. It also has a native token, FTT, that can be used for all transactional purposes on the platform including swapping tokens and staking.
Speaking of staking, FTT has a unique staking programme that promises a host of benefits for users that include increased referral rebate rates, free withdrawals, maker fees, higher airdrop rewards and IEO tickets.
Moreover, it is a cryptocurrency network that is striving to make a global social impact and donates 1% of all net fees collected by the platform to charitable organisations worldwide. In a recent development, FTX announced that it would ramp up its global presence with the acquisition of Canadian cryptocurrency trading platform Bitvo.
Looking for more crypto learning resources? Just follow the links below to explore further what Mushe (XMU) has to offer.
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