VFIN is a novel cryptocurrency exchange expected to make its debut in 2025. The project has been making waves over the last few months in the crypto space due to its ambitious plans on creating a whole new experience for traders and investors.
In this article, we will take a closer look at what functionalities the VFIN exchange is planning to implement in order to establish itself as a competitive market player on the cryptocurrency market.
Explore the VFIN project
VFIN envisions itself not just as a crypto exchange, but as a full-fledged ecosystem for crypto trading and investing. It combines four main pillars that we will take a closer look at.
Trading and investing functionalities: The core goal of any exchange is to provide the most comprehensive trading and investing experience possible – and VFIN is not different. In the first roll-out of the exchange, users will have access to spot and margin trading, derivatives, advanced charts for technical analysis, as well as an earn module that will offer staking of various cryptos.
Beyond the traditional functionalities, users will also have access to a variety of complementary options to elevate their trading and investing experience. These include trading bots and automated investing for higher convenience, copy trading options that allow them to see what top traders are holding and how they manage their portfolio, different investment packages for the more inexperienced investors that make it possible to directly buy a basket of carefully selected cryptos matching their risk appetite and strategy, goals tracking, a NFT marketplace and even AI trading.
One significant obstacle that many people perceive when asked why they are reluctant to get into crypto trading is the initial investment required. To significantly reduce the entry barriers to crypto and provide an easy starting point for everyone, VFIN will offer a demo trading module with a virtual currency that will mimic the price movement of the market. Users will be able to start completely for free, without the need to do KYC, be verified or deposit any funds. This will allow them to try out crypto trading at no initial risk and acquire some experience and confidence before they decide to make their first deposit.
Interaction functionalities: One area in which VFIN will excel in compared to current exchanges will be the multiple interaction options it will offer for traders. This model has already been implemented by some platforms like eToro, which considers itself “the world’s leading social trading network”. In the cryptocurrency world, there are very few – if any – solutions that offer an advanced interaction between users. VFIN strongly believes that this could result in a much higher user satisfaction and average time spent on the exchange, which in turn increases the customer lifetime value (CLV).
Users will have access to newsfeeds, games, trading competitions and other interesting interaction options that will keep them engaged while trading and investing. What is more, the exchange also plans on implementing more advanced possibilities such as Metaverse concepts in the later stages of its development.
User retention and rewards: In order to keep users happy and active, VFIN will implement a variety of user rewards – from sign up bonuses for new users, gift boxes and a referral program, to a comprehensive gamification program that will allow them to advance in ranks and get unique perks, including discounts on trading fees of over 50%.
Financing and payment functionalities: One of the core goals of VFIN is to bridge the gap between fiat and crypto and speed up the adoption of cryptocurrencies in our daily lives. This goal will be pursued through the implementation of the VFIN debit card, which will allow for payments in crypto on-site directly through users’ accounts. What is more, the exchange will offer borrowing and lending options to users, as well as its own native wallet.
The VFIN token
VFIN is a ERC 1400 Ethereum security token that offers access to 30% of the net profit made by the exchange to its holders. The main sources of profit of the exchange will come from trading and withdrawal fees, as well as the 4 subscription plans available to users. Investors thus get access to an asset that provides a source of passive income based on a share of all trading activities. The token has no expiration or liquidation date, meaning that the recurring income will be indefinite for the holder.
At a later stage of the development of the exchange, VFIN plans on implementing the ZFIN utility token, which will be used for discounted payments of trading fees by users.
VFIN will hold a private sale in 2024 with special discounts for early adopters. If you are interested in learning more about the project, make sure to check out their website and reserve your spot while you still can: www.vfin.tech
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