A Critical Opportunity for ETH!

Markus Thielen, the Head of Research at 10x Research, stated that this development could enable Ethereum’s decentralized finance (DeFi) services to expand, strengthening the network’s position as the backbone of the ecosystem.

On January 23, the SEC repealed the accounting rule known as SAB 121. This rule had required financial companies to record the crypto assets they held as liabilities on their balance sheets. The rule had faced significant backlash from the crypto industry since 2022.

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Thielen noted that while he is not typically an advocate for Ethereum (ETH), the current price chart presents a “convincingly low-risk, high-reward opportunity.”

Ethereum’s Technical Outlook

Currently, ETH/USDT is trading at $3,325. While it climbed to $3,707 on January 7, it failed to maintain its position above $3,500.

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According to Thielen, Ethereum (ETH) could break its existing triangle pattern, and setting a stop-loss near $3,186 could be a prudent approach.

A New Target for ETH: $7,000!

Crypto analyst Titan of Crypto argues that Ethereum (ETH) reaching $7,000 is inevitable. Another analyst, Crypto Caesar, commented, “ETH is about to explode.”

Additionally, Ethereum (ETH) whales have reportedly accumulated $1 billion worth of ETH, further reinforcing investors’ expectations that $5,000 could be tested soon.

Ethereum ETFs and the Trump Family Factor

Joseph Lubin, Ethereum’s co-founder and the CEO of Consensys, highlighted two key factors likely to drive ETH prices in the near future:

1. Ethereum ETFs: ETF issuers are waiting for regulatory approval for funds that allow ETH staking.
2. Trump Family and Ethereum: Lubin suggested that the Trump family is likely to establish an Ethereum-based business.

The SEC’s repeal of SAB 121 could lead to greater adoption of Ethereum by institutional investors. While technical analysis suggests setting a stop-loss at $3,186, most analysts believe that ETH holds significant potential for upward momentum in the coming months.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Could Ethereum Surge After the SEC’s Decision? appeared first on Coin Engineer.

Bitcoin Intraday Key Levels

The BTC/USDT pair has lost 0.30% in value over the last 24 hours and is currently trading at $94,962. Bitcoin (BTC) is hovering around the previously mentioned $94,700 area, and if it rises again, the resistance level will be $97,362. The support levels are $94,700 and $93,138, respectively.

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Ethereum (ETH): The ETH/USDT pair has lost 1.56% in value in the last 24 hours and is currently trading at $3,334. The resistance levels for ETH are first $3,440, and later $3,535. The support levels are $3,290 and $3,217.

FTX Token (FTT): The FTT/USDT pair has gained 13.81% in value in the last 24 hours and is currently trading at $3.24. The resistance levels for FTT are $3.57, followed by $3.81. The support levels are $3.16 and, in case of a deeper decline, $2.96.

Chainlink (LINK): The LINK/USDT pair has gained 2.15% in value in the last 24 hours and is currently trading at $23.08. The resistance levels for LINK are first $23.36, and later $24.53. The support levels are $21.55 and, if the decline deepens, $20.01.

Beam (BEAMX): The BEAMX/USDT pair has lost 0.24% in value in the last 24 hours and is currently trading at $0.0276. The resistance levels for BEAMX are $0.0286 and later $0.0314. The support levels are $0.0263 and, if the decline continues, $0.0218.

Trending Coins

The most trending coins in the last 24 hours in the crypto market are Hyperliquid (HYPE), LIMITUS (LMT), and Pudgy Penguins (PENGU). The biggest gainers are Frax Share (FXS), Moca Coin (MOCA), and Zcash (ZEC). On the list of the biggest losers, you can find Hyperliquid (HYPE), Zerebro (ZEREBRO), and Fartcoin (FARTCOIN).

Bitcoin Liquidation Map

Looking at the 12-hour liquidation map for Bitcoin, the prominent liquidation on the upper side is at $97,235 with $33 million. On the lower side, there is a noticeable liquidation at $93,573 with $46.8 million.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post The Latest on Bitcoin and Cryptocurrencies: December 23 appeared first on Coin Engineer.

When Will Bitcoin (BTC) Halving Occur?

It is estimated that there are approximately 50 days left for the Bitcoin (BTC) halving process. As the expectation of Bitcoin halving increases, the number of large investors entering the market increases, while old investors are expecting tough corrections from the market. There are important analyses we can do to precautions as investors. At first glance, the most important of these seems to be market manipulations, fake liquidations shown by whales, they’re trying to benefit from FOMO. FOMO is briefly defined as the fear of missing out on the present and leads to the investor making panic transactions and benefiting the exchange / major investors.

So How Do We Do a More Reliable Analysis?

Today, many people, including new investors, can do analysis over the chart, but to avoid falling for false moves, especially during the pre-hardening period, we need to examine the on-chain data as well. There are some data that cannot be changed by instant transaction movements. One of these is the “+1 Year HODL Wave” chart which we can access for free on the lookintobitcoin.com site. Because it requires a long time to be able to manipulate. It shows us the BTC price in proportion to the rate of whales holding BTC for more than 1 year. Let’s examine the current data together.

As we can see here, we understand that as the HODL amount increased in the past, the price movement pulled itself together and caused a linear crash. When the HODL amount decreased a little, we see that the price progressed towards the peak region. The investor who reduces the amount of BTC in his hand directs to other coins, igniting the sparks of the altcoin rally. Looking at May 4, 2024, we see that the HODL amount has made a small withdrawal and the price is heading upwards. This brings the question, “Is money being transferred to altcoins?” We will see the answer to these questions more clearly with the price movements in the coming days. You can watch our on-chain analysis series from the Coin Engineer Youtube channel to follow the on-chain data yourself on chain analysis and you can access many useful content on how to follow on-chain data. See you in another blog post!

The post Pre-Bitcoin (BTC) Halving On-chain Data Analysis appeared first on Coin Engineer.

You can access the content and details of the AMA we conduct with projects from here.

Important Moments from our zkSync Space Event

CE: Hello friends, welcome to Coin Engineer’s Twitter Space. Today we will have a Space event with zkSync. I am really really excited right now, because as you know Layer2 projects started to slowly reveal the news. We do not know what will happen, for this we called SEB, the person in charge of DeFi. Hey dude, how are you, Seb? Could you please introduce yourself?

SEB: Hello everyone. It’s nice to be here and doing this AMA with the Turkish community and a great thing. It’s lovely to be here with you. There is a wonderful atmosphere here. And now, again, at the first stage, we will bring the information to the entire Turkish community after DevPlanet and Binance Blockchain Week. Now fresh news from Layer 2. And you are the best of this. Thank you for attending.

CE: Okay, let’s start. First question, what is what sets you apart compared to other competitors? For example, why should people prefer you over competitors like Arbitrum and Scroll?

SEB: Okay, what do you think is the thing that makes us the best? I want to learn from you first. What did you like the most about ZKSync?

CE: It’s the most popular and a project based on the community, it is also technically very advanced and it is dedicated to the cryptocurrency industry like things in a new age.

SEB: Incredible! Can you explain to your fans about ZKEVM?

CE: No, I’m not clear technically, but if you could explain more, we’re here for you anyway, aren’t we?

SEB: Okay, then you will translate. EVM is the 2nd layer on Ethereum and we use zero-knowledge proofs to prove that transactions are taking place. And this is a 2nd layer execution environment. What it does is you can use Ethereum, everything on Ethereum, but it’s super cheap and super fast. Then you can build whatever you want on it. It’s very easy to build. And for internet we have a really good community.

CE: It sounds perfect, man. Thank you. It’s a very simple explanation. And now, it’s your turn. And the second question is coming. What are your plans for Turkey and what are your plans for our Turkish community and our society?

SEB: At ZK Sync, we love Turkey. We are very, very excited about Turkey. We love Turkey as a country. It’s a beautiful country. We love Turkish food. We love Turkish football. And we love the Turkish people.

CE: Which is your favorite team in Turkey?

SEB: My favorite team is Galatasaray, Cimbombom!

CE: That’s great, man! Thanks! Now I’m moving on to the other question. ZKSync ranks quite high in terms of transaction volumes and transaction numbers. But do you believe that these data will be sustainable in the future?

SEB: Okay, ZKSync has the most users in the L2 space. We have one million users, we have a million wallets. Everyone is very excited because we’re very fast, we’re very cheap and there are a lot of applications to use and a lot of developers. And it’s going to continue because we’re always making the technology better. We’re making the technology better for the users. And one of these users is also CLAVE. CLAVE is a wallet, and it’s really easy to use and it’s made by the Turkish team.

CE: Wow, that’s amazing! Thank you very much. I want to ask you a special question. Is there a Turkish member in ZKsync? And what is the information of this wallet?

SEB: Okay, I just shared it in the comments here, its name is CLAVE, C-L-A-V-E and it is all about building with account abstraction. Do you know what account abstraction is?

CE: Yes, yes, we definitely know it.

SEB: It allows you to have a wallet that uses crypto as a custodian You can download it from the App Store So it can be on your iPhone or Android and you can sign messages using the secure area of your phone So you can sign messages with your face ID or fingerprint or something else and it’s always a single click when making a transaction, so you no longer feel like you’re using crypto. You feel like you’re using a normal app on your phone. It’s very easy. And you can build it as you want. You can use their technology and customize it. This is for everyone.

CE: That’s great! Yes, man. I want to ask another question. I want to ask the fifth question, because the last question is a bit complicated. We pay fees on the Ethereum network with Ethereum. Can we pay these fees with ZKsync token using the innovative technology you will bring in the future? I mean do you have a plan to bring such an update and innovation?

SEB: Okay, gas will always be in Ethereum and ETH in ZKSync. However, since we use account abstraction, we have something called Paymaster, which means you can use any token you want to make gas payments.

CE: Wow, that’s very cool and a beautiful technology. Is it an agreement right now or is it one of your future plans?

SEB: Oh, it’s in use right now.

CE: Oh, that’s really great. And the other question is coming. Your business competitors are known in Turkey because you know there was DevConnect and Binance Blockchain week and several live broadcasts were made with various projects. What is the difference and your preferences between you and LayerZero and StartNet?

SEB: So Starknet is also a rollup on Ethereum, but they are not an EVM compatible rollup. They use a different programming language called Cairo, while we use a language called Solidity. So there is a different type of developer who can use this. They also use zero-knowledge proofs to verify their proofs. And then Layer Zero is not a Layer 2. Layer Zero is a bridge protocol to move seamlessly between different chains. They use a standard they developed under the name of single chain interchangeable token standard.

CE: It’s very clear. Yes. This is a lot of technical information. Now I want to ask different questions for you to introduce yourself, because we also want to know that you add diversity to our society with your differences. And I want to ask, what should we do for ZkSync in the future together with our community? And what do we need to know about ZkSync?

SEB: So in general, everyone here should follow my account. I always share about projects, what we’re working on, updates, and news. And everyone should use ZK Sync every day. They must try protocols. They must try different things in DeFi. And they should tell all their friends about it. They should promote as much as they can and work together with the community.

CE: These are very important points. Another question, for all communities in this sector not only in Turkey but everywhere since opportunities, are there specific things? Because you know, sometimes we see NFTs, sometimes we see different meme tokens or something else and we don’t know if there’s any security or not. And sometimes hackers can come and do different things in wallets. We don’t want this in terms of security. Can you explain what we should do for this side?

SEB: Okay, so you should always be very careful. You should always take a lot of precautions. You should check contracts, check the team behind it, and check if everything is real. But you have to be careful.

CE: It sounds great, my friend. Okay, okay, we will. Is there anything you want to tell us?

SEB: It’s lovely to be with you. Thank you. Thank you very much, guys. It’s really great to be with you. Thank you for hosting me today, Alper. Thanks a lot for your help. Thank you for the Turkish community. Turkey is a very big country using crypto and we are really excited about doing something in Turkey.

The post Coin Engineer X ZKSync (Twitter) Spaces Summary appeared first on Coin Engineer.

The post Coin Engineer Family Shares 6 Golden Tips for Crypto Investors appeared first on Coin Engineer.

Prepare your Metamask wallet

Step 1: First, download and install your Metamask wallet on your computer or mobile device. Then, create or log in to your wallet.

Step 2: Go to the Faucet address for test tokens and request 0.25 BERA to your wallet. The transaction may take a while due to the congestion, so be patient during this process.

Join Discord channels for Berachain Artio Testnet

Step 3: Go to the Discord channels to join the Berachain community. Here, you can interact with the project developers and other participants, and access up-to-date information.

Participate in Galxe events

Step 4: Participate in social media and event tasks organized through the Galxe platform. These tasks are a great opportunity to promote the project to a wider audience and win additional rewards.

Use the BEX Swap Platform

Step 5: Go to the BEX Swap Platform and connect your wallet. Make token conversion transactions with the BERA tokens you received from the Faucet to various test tokens.

Step 6: In the Swap section, convert your BERA tokens to test tokens such as WBERA, STGUSDC, WBTC, HONEY, and WETH. Then, add liquidity to various pools in the Pool section to earn rewards.

Use the Bend DeFi Platform

Step 7: Go to the Bend DeFi Platform. Here, you can lend the tokens you have and earn HONEY in return, and you can withdraw this transaction to earn additional income.

Use the BERPS Trade Platform

Step 8: Go to the BERPS Trade Platform. Gain experience by opening futures contracts with the HONEY stablecoin. Try opening futures contracts on the ATOM, TIA, ETH, and BTC pairs.

Use BGT Station

Step 9: Go to BGT Station. On this platform, you can earn more by staking the BGT tokens you earn to validators. You can also participate in network voting.

Now you are ready to earn rewards by completing various tasks on the Berachain Artio Testnet. Remember that the transactions made during the testnet do not carry real value, but it is a great opportunity to better understand the project and predict potential gains. Good luck!

For a more detailed video about the possibility of a Berachain airdrop, you can visit our Coin Engineer YouTube channel to get detailed information about our content and other projects that may have the possibility of an airdrop.

Also, in the comment section, you can freely share your comments and opinions about the topic. Additionally, don’t forget to follow us on Telegram, YouTube and Twitter for the latest news and updates.

The post Berachain Artio Testnet and Airdrop Guide! appeared first on Coin Engineer.

Moreover, you can access all the contents and details of the AMA here.

Firstly, we asked TonUP, whom we wanted to introduce himself to, to share the following:

Hello, Coin Engineer Community! It’s nice to meet you online and I’m Sing, from TonUP.io website here. Also, I am working at TonUP and have joined the team in its first week of establishment, largely responsible for managing collaborations, partnerships, and events like AMAs, and some offline workshops. Also, I’m very happy to be here with you this evening and I hope everyone can enjoy this, Ama!

Question 1: Can you give us a general overview of TonUP? and the TON Ecosystem?

Answer 1: Sure, let’s start with some information about TON, so the stories will be much clearer for the community.

What is TON (Open Network)?

Dominance is significant with over 60% in countries like Russia, Malaysia, and 59% in Brazil. Also, considering that Telegram has approximately 800 million active users, it highlights the broad potential of the Ton blockchain ecosystem. That’s why we are so sure of our potential and values.

What is TonUP?

TonUp is the leading launchpad for TON, focusing on discovering and nurturing promising projects while offering new opportunities to the entire community. Additionally, located at the heart of the TON ecosystem, TonUP has a significant impact in the Greater China region. Also, collaborating with TON, TonUP continues to expand its reach in China, Taiwan, Hong Kong, Russia, and now in Turkey.

Question 2: Could you summarize TonUP’s achievements or development this year?

Answer 2: Completed the token issuance of our first IDO project. This IDO helped the MMORPG project Tap Fantasy to collect 80,000 $TON in just 32 minutes. Launched the TONversation column. This column attracted broad media attention, including news covered by Foresight News, Beosin, Cointime, BlockTempo and Blockbeats, etc. TonUP participated in the Panel discussion as one of the sponsors of TON’s first ecosystem conference Gateway. That same evening, many TON Foundation core members and ecosystem projects participated in the Dubai Side Event hosted by TonUP, where they set up deeper networks and roundtable discussions.

Question 3: We noticed that you are planning to launch the Token in the coming weeks, would you mind sharing some brief content with our community?

Answer 3: Absolutely, we will conduct our $UP Token IDO on our own website and we have also been selected to launch on Bitget Launchpad!
The $UP IDO set to be held on December 20, will only be on TonUP.io & and will be determined on the 17th in the IEO.
You can review the IDO here.

Question 4: Could you showcase some of your products’ killer features, TONUP peers?

Answer 4: TonUP is not just a launchpad that brings high-quality projects to the TON ecosystem. We are all here, spending our efforts to polish the entire TON landscape and build projects together with the entire community. This is where we differ from many in the same arena. We are officially supported by the TON Foundation and are committed to the comprehensive development of the TON ecosystem together with the TON-Blockchain Team.

Question 5: The last project in the Bitget Launchpad IEO seems to be well liked in the market. Can you give us some information about your upcoming Bitget IEO launch?

Answer 5: Having the opportunity to conduct an IEO on Bitget simultaneously with our IDO is invaluable chance for TonUP. We hope our community will join us in celebrating this important moment for TonUP.
Many community members are closely interested in the details of the IEO (TonUP x Bitget Launchpad). You can review the Bitget IDO by clicking here.

TWITTER QUESTIONS

Question 1: How does TonUP actively interact with its users and ensure that diverse voices are heard? Can you give specific examples of how they promote this inclusive environment?

Answer 1: Our commitment to inclusivity and community participation is not just in our words; it reflects in our actions and the way we shape our platform and ecosystem. By promoting this inclusive environment, we believe we can collectively encourage innovation and growth in the TON ecosystem.

Question 2: You highlight the support of the TON Foundation and TONCoin Fund and the importance in providing a sustainable ecosystem. How specifically does TonUP contribute to the growth and sustainability of the TON Blockchain, beyond just launching projects?

Answer 2:

1. We identify high-quality potential projects and help them to build better in the TON ecosystem based on our development and operation experience.
2. Our TonUP community and TONversation columns regularly publish quality articles ranging from the history of the TON ecosystem, discussion of TON’s fundamental technology development to research on the development of projects in different fields of the TON ecosystem. Through these articles, we help more users understand TON and various sectors of the TON ecosystem.
3. We actively participate in many TON official activities and strive to collaborate more deeply with more projects in the TON ecosystem, we believe in the power of 1+1>2 and also believe that the potential of TON is limitless.

Question 3: Are there any requirements for presale, staging, holding locked balances, etc?

Answer 3: Anyone can participate in our IDO, there is no requirement for a locked balance. 50% of the public round opens at TGE and the remaining opens the 2nd month after TGE

Question 4: TonUP emphasizes its “DEX+Launchpad” model and permissionless play-to-earn pools. How does this approach compare with existing launchpad models? What are the potential risks and opportunities associated with this approach?

Answer 4: To launch such a product for us, we need to consume a lot of manpower, energy, and financial resources, which is the disadvantage of strong audit mechanisms.
License-free TonUP X is built on a triple collaboration and game model among users, projects, and TonUP. Users or community find and catch valuable projects and vote on whether to start them on TonUP X. This greatly accelerates the speed and ability to catch projects while increasing user participation and loyalty. However, as a result, we leave the review of projects to users and community and only guarantee the security of funds for the first month, but if a project has so many loyal users, there is no need for them to rug-pull users’ assets at an early stage.

Question 5: TonUP’s first token launch, $MC, is tied to a gaming project. How does this align with TonUP’s vision of promoting “potentially valuable cryptocurrencies”? Does this give any concern about prioritizing entertainment over long-term value?

Answer 5: Great, thanks for asking! The launch of the Telegram bot and the TONSpace wallet makes it easier to bring the TON ecosystem to game programs and provides a smoother user interaction experience. Gaming also lowers the bar for web2 users to enter web3, so we chose this project.

TELEGRAM QUESTIONS

Question 1: You had written on the TonUP blog page that you will be deeply integrated with Telegram. Can you give us some information about how this will be?

Answer 1: For example, we will use ton space as one of our wallets to execute IDO. Furthermore, connect directly with TG and now the TG bot in our channel has updates for new IDO campaigns and ongoing airdrop events, so take a look.

Question 2: What is the experience of the TonUP team in the crypto and blockchain field? What opportunities will your team’s experience provide for the success of TonUP? What services will you provide to the industry?

Answer 2: Our team is composed of professionals with excellent expertise and commendable past performance in their respective fields and right now, we are globally united and mainly located in Europe and the Southeast Asia region.

Question 3: I see that TonUP_io has partnerships with large companies like Toncoin Fund, Foresight, and Bitget. Are you planning to announce new partnerships soon? Can you share this project briefly?

Answer 3: We might come with some big news for the ecosystem soon, possibly next week, so keep watching us.

Question 4: What is the TONEco community writing workshop? Who are the hosts? Who are the supporters of the competition? What is the prize pool? Where can I find the details?

Answer 4: For this event, check this site.

Prize Pool: 500 $TON, end date is December 31, 2023.

Question 5: Do you have plans to launch a memecoin that will create excitement in the Ton network along with TonUP? How will you attract new investors to the Ton ecosystem?

Answer 5: TonUP will transition to TonUP DAO in our roadmap for the next year, so if our UP Token holders decide so, then we will proceed to do that. If our community exists, it’s worth performing because we are on the same side to gain more benefits.

Thank you all for hosting me today, Also, I’m very happy to share the current situation and future plans in TonUP with you. Be sure to try out our On-Ramp and Off-Ramp services. Also, follow us on our X account for the latest news and campaigns here.

Also, in the comment section, you can freely share your comments and opinions about the topic. Additionally, don’t forget to follow us on Telegram, YouTube, and Twitter for the latest news and updates.

The post TonUP X AMA Summary with Coin Engineer appeared first on Coin Engineer.

Special Quests Event for Coin Engineer Platform

An exclusive Quests event is being organized in collaboration with Coin Engineer and DappRadar platforms. The Coin Engineer community is initiating this event, offering its global members the chance to earn $165,000 in RADAR tokens by completing various tasks.

The conditions to win the reward are straightforward. Firstly, you need to connect your wallet by clicking the “Connect” button on the airdrop page, accessible through this link. Next, go to your DappRadar profile and link your email and X account, then complete the simple social media tasks listed on the page. Among the social media requirements are following DappRadar and Coin Engineer X on Twitter, as well as joining their Telegram channels.

The event, where a total of 155 participants will have the opportunity to earn 1,100 RADAR tokens, will be valid until November 26, 2023.

Also of Interest: Who is the New CEO Richard Teng at Binance?

What is DappRadar?

DappRadar is known as the world’s largest Web3 decentralized application (dapp) discovery platform. With over a million users monthly, the platform is used to gather information and discover new dapps in areas such as DeFi, NFTs, GameFi, and earning games. Focusing on data accuracy and reliability, DappRadar filters out fake activities, providing clean and actionable market intelligence.

Tracking over 15,000 dapps on more than 50 blockchains, including Ethereum, Solana, BNB Chain, and Cardano, the platform aims for continuous expansion. Established in 2018, DappRadar operates with a vision to create a community-owned dapp store used by millions. RADAR tokens are awarded as rewards for contributions and provide PRO membership access, facilitating various user interactions within the platform. With its commitment to data integrity, comprehensive tracking capabilities, and a community-focused vision, DappRadar stands out as a significant force in the decentralized application space.

The post New Event from Coin Engineer on DappRadar Quests! appeared first on Coin Engineer.

Related: ALL EXCHANGE GUIDES

As Coin Engineer, we reviewed the details of using the Toobit exchange, a next-generation crypto financial trading platform, for you.

1) Registration Process (Toobit)

From here, enter the registration page. Firstly, sign up with your email address or phone number, enter your password and referral code, and then select “I accept the service information and terms.” Click on Create Account and enter the verification code to complete the account registration.

Our registration link that you can use to register on the Toobit exchange

After logging in, let’s activate the verifications to increase the security of our account.

Security Settings: We recommend enabling two-factor authentication to increase your account security level, protect your assets, and trade smoothly on the platform. Go to [Security Settings] and enable any two security items from email, mobile phone, and Google verification.

You might like: Starknet Distributes Free Tokens! Airdrop?

You can also continue with advanced settings, asset passwords, and phishing protection codes to further protect your account security. Definitely do not lose the asset password and phishing protection code you set. If you lose them, there will be a 24-hour withdrawal ban on your withdrawable balance after a password reset or phishing code reset.

Now, let’s proceed with KYC (identity verification) processes.

Go to [Identity Verification] for basic and advanced verification. After completing basic verification, you can withdraw money, trade fiat currency, and set up API. By completing advanced verification, you can increase your transaction limit.

2) Deposit – Withdrawal

Deposit: If you don’t have any assets in your Toobit account and need to transfer your assets from another exchange/wallet, enter [Assets] – [Spot Account], select [Deposit], choose the coins to be deposited, and copy the address. Pay attention to the quick information on the deposit page, and then you can deposit your digital assets.

Withdrawal: If you want to withdraw the coin in your Toobit account to other exchanges/wallets, go to [Assets] – [Spot Account], select [Withdraw], select the target coin, enter the recipient address and amount, and make the payment. However, pay attention to the notifications on this page, and then you can send your withdrawal request after review.

3) Spot Trading

If you already have cryptocurrency in your account and want to swap it with other currencies, you can place an order by going to the spot market. For example, the BTC/USDT trading pair can be understood as buying BTC with USDT or exchanging USDT with BTC.

4) Perpetual Futures

Bitcoin (BTC) and Tether (USDT) allow you to trade without an expiration date. You can profit from both rising and falling markets. To start, click on the [derivatives] option on the main page and select the [USDT Perpetual] or [Lite Perpetual] option. Then, choose the leverage you want to increase your potential earnings while managing risks. After that, enter your transaction details and execute your trades. Remember to be careful and start with an amount you can afford to lose.

5) Reward Center

You can also access coupons or different rewards you will earn from the Toobit exchange sections. To access it, click on the avatar in the top right corner of the main page and select “Reward Center”. Discover tasks, earn rewards, and take advantage of benefits that suit your interests. Furthermore, the most attractive reward is to deposit 100 USDT and earn 5 USDT.

You can present your own thoughts as comments about the topic. Moreover, you can follow us on Telegram and YouTube channels for this kind of news.

The post What is Toobit Exchange? How to use it? appeared first on Coin Engineer.

We have developed the Coin Engineer Mobile APP, which we believe will facilitate your market tracking, enabling easy news and market monitoring, while offering the potential for significant profits, making it one of the leading cryptocurrency applications.

You might like: Degen Exchange and Rollbot.com are Closing!

What is Coin Engineer Mobile APP?

The Coin Engineer team has developed Coin Engineer Mobile APP, featuring a user-friendly interface that allows you to instantly track the market, additionally easily follow the news, stay informed about special events, effortlessly monitor airdrops, and read self-improvement articles.

How Do I Get The Coin Engineer Mobile APP?

You can download the Coin Engineer mobile application for your IOS devices from the App Store, also for your Android devices from the Play Store, and start using it.

How is Coin Engineer Mobile APP Used?

After downloading the Mobile App to your phones through the appropriate market, you log into the application. At this stage, some registration methods are presented to you. You can register by entering your Google account, Apple account, or Mail information. Once the registration process is complete, the global market is at your fingertips.

Mobile APP User Guide

• Homepage: This is the page that welcomes you when you log into the application. In this area, you can follow the live news flow. You can easily access live market data, The Fear and Greed Index, Long-Short rates, and upcoming events are waiting for you on the homepage of the Mobile App. From the Ask the Engineer tab, you can ask us all your questions, with the Education tab, you can reach our free education series.
• News: You can follow live news flow and Coin analyzes on the news tab. You can easily follow the latest Airdrop News and announcements from this tab.
• Markets: This tab, where you can accurately track the instant values of cryptocurrencies, also offers you the opportunity to easily follow the market with a feature that allows you to classify assets as Favorites, Trends, Rising, Falling.
• Portfolio: In this customizable area, you can save your portfolio and easily do portfolio analysis and tracking.
• Menu: With this tab, you can get information about current IDO,IEO and ICO and instant ROI’s. In the About Us section, you can find many details about us, and from the Contact tab, you can easily access all our social media accounts.

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