While Mark Cuban won’t be affected too badly by the dramatic price drop, most other investors aren’t so lucky. New DeFi projects pop up daily with many garnering celebrity endorsements, a new asset might seem like a good investment.
Before investing in any new asset, please don’t forget to:
• DYOR: Do your own research, find sources outside of the project’s website, check if they had a security audit, and ask your fellow traders what they think.
• Invest only what you can afford to lose. It might be painful to see your investment drop 98%, but it’s easier to manage such a hit when you don’t depend on that money.
• Enjoy being part of such an exciting space.
This week, we’ve listed several new cryptocurrencies on Bitcoin.com Exchange and hosted an AMA with the team behind the DEX aggregator for Cardano: deFIRE.
BOR the native token of the BoringDao, went live this week with USDT and BTC trading pairs. BoringDAO enables traders to swap non-ERC-20 assets to ERC-20 assets in a trustless, decentralized manner.
SPI is powering the Shopping.io platform on which traders can buy from retailers like Amazon, eBay, and Walmart and pay with crypto.
A lack of crucial infrastructure is a major hurdle that many countries face worldwide, and a lack of financing keeps many great projects from taking off. XinFin is providing a platform that enables financing of infrastructure projects and enables businesses to embrace blockchain. The native XDC token is now trading against ETH, USDT, and BTC
Amoveo is a scalable Proof-of-Work blockchain focusing on prediction markets, investments, insurance contracts, and other derivatives. The native utility token VEO is now live on the trading platform.
ZEN is the native currency of Horizen, a blockchain featuring a unique sidechain architecture that allows near-limitless scalability. When using ZEN traders, they can decide how private they want a transaction to be, which is just one of the exciting features—Trade ZEN against ETH, BTC, and USDT on our exchange.