IDEX Exchange Token: An Under-the-Radar Buy for 2019?

In 2018, IDEX was undoubtedly the uncontested leader within the decentralized crypto exchange space.The then behemoth of decentralized exchanges frequently ran 24h trading volumes of $5million USD and was responsible for the majority of transactions in the Ethereum network.Today, calling IDEX the “behemoth of decentralized exchanges” couldn’t be any further from the truth.Despite recent data from Coinmarketcap showing that the 24 hour trading volume from exchanges have gone to the highest its ever been, IDEX trading volumes have seemingly dropped from its 2018 all time highs.In other words, where the aggregated trading volume for all exchanges have gone up since 2018, IDEX’s trading volume has been going down in the same period.In fact, it’s even lost its place in the top 100 exchanges in CMC’s ranking list: IDEX Exchange - Ranked #133 on CMC as of Aug 19, 2019 As you can see above, IDEX currently sits at #133 by crypto trading volumes.To compare this relatively, IDEX had generally sat between #40-60 back in 2018, which isn’t too surprising considering IDEX volumes have been decreasing while total crypto trading volume have been increasing.Well..…

Binance Launchpad: Next in Line, WINk IEO

Binance has just announced its 7th initial exchange offering (IEO) on the Binance Launchpad – WINk IEO.This comes within a month after the closure of its successful predecessor, Elrond, which had yielded IEO investors on average a 16x return from its IEO price on the first day of trading.Since its launch, the Binance Launchpad has made its IEO investors who won the lottery draws incredibly wealthy.Every single IEO on the Binance Launchpad have yielded positive returns on the first day of trading, eventually peaking to over 10x its IEO price on average for each IEO that had launched on its successful platform.If you had just $100 to invest into each IEO, generating a 10x return on every occasion, you would now have $6,000 in capital, a return on investment that dwarfs even the most profitable cryptocurrencies back in the 2017 bull run.The question now is: Will the Binance Launchpad maintain its reputation of launching these popular and profitable IEOs?…

The Ultimate Guide to Crypto Margin Trading

When done right, crypto margin trading can single-handedly be the best choice you make in your crypto investing career.Most people are aware of the concept of leveraging – whether it’s leveraging money, people or time.Some people leverage unknowingly, like in real estate when you take a mortgage to buy a house.Few people know how to utilize leverage properly, and that’s especially true in crypto margin trading.If you frequently surf Reddit, you’ll notice the “I lost everything” posts like these circulating once in awhile.Here’s a brief excerpt of what one of these posts said: The last paragraph was what prompted me to write this post.“If you don’t know what you’re doing, do not mess around with margin trading and leverage.”There’s simply far too many crypto investors who leverage but doesn’t utilize leverage properly.Hence, we’ve set out to write an Ultimate Guide on Crypto Margin Trading.…