The fast-paced world of cryptocurrencies is witnessing another intriguing trend. Investors are selling their stakes in two major token exchanges, Binance (BNB) and OKX Exchange (OKB), to acquire Tradecurve (TCRV). The move is believed to be prompted by ongoing SEC cases targeting centralized exchanges. But why Tradecurve? We’ll see.
Tradecurve: the future of trade?
Tradecurve is a hybrid trading platform that seeks to disrupt the global exchange market. As of now, it is in its pre-sale phase, with over 100 million tokens sold to visionary investors who believe in Tradecurve’s potential as the future of trading.
What sets Tradecurve apart is its ability to maintain user anonymity while allowing seamless trading across various global markets. The often tedious and time-consuming KYC procedures have been removed, allowing users to enjoy anonymous trading on a secure and trusted platform.
Starting your journey with Tradecurve is refreshingly simple. All you need is a valid email to create an account, link your crypto wallet and voila, you are ready to step into the world of trading. This democratization of trade access makes Tradecurve a platform for everyone.
Holding TCRV tokens opens up access to a range of premium features and tools. Additionally, staking TCRV tokens allows holders to earn passive income by providing liquidity to the exchange, adding an extra layer of incentive to join the Tradecurve ecosystem.
With such an innovative product, it is easy to see why holders of Binance (BNB) and OKX Exchange (OKB) are buying TCRV at $0.018 during the fourth phase of presale. There is also a limited time 50% deposit bonus. So if you are looking to invest in a revolutionary trading platform, now is the perfect time!
The legal proceedings recently initiated by the US Securities and Exchange Commission (SEC) against Binance have considerably affected the price of the token, as well as investor sentiment. In fact, its price has dropped from over $310 to a current price of $241 over the course of a month.
Analysts predict that Binance may experience further declines as the SEC broadens its scrutiny to encompass almost all altcoins. Regardless of whether Binance can withstand this regulatory onslaught, it is clear that the exchange may be affected by reduced trading volumes if other altcoins come under the regulatory hammer.
Despite the apparent choppiness, technical indicators suggest a potential short-term bounce for Binance. The Relative Strength Index (RSI) is currently in “oversold” territory, dipping below 30, and Binance is showing resistance above the $225 firm support level.
Based in Seychelles, OKX is a comprehensive cryptocurrency ecosystem serving millions of users around the world. The diverse OKX platform features a variety of services, including a cryptocurrency exchange, digital wallet, automated trading bots, and various additional tools.
However, OKX has a major drawback: its centralized nature. As a centralized platform, it enforces Know Your Customer (KYC) checks on its users prior to trading. Many users have noted that it is difficult to start using the OKX platform without substantial personal information.
Furthermore, the OKX token has recently been hit by bearish sentiment as investors flock to safer havens like Tradecurve (TCRV). As a result, the price of OKX (OKB) has dropped from over $58 to its current price of $44 as the exchange struggles to keep up with the competition.
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This post Why Investors Are Selling Binance (BNB) and OKX Exchange (OKB) to Acquire Tradecurve (TCRV)
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