The cryptocurrency market attracts the attention of numerous investors due to its immense profit potential. The current focus of the crypto market is the upcoming Bitcoin Halving event at the end of April 2024. This event is crucial to the four-year cycle, with Bitcoin having undergone 32 halvings. This process reduces the supply of new bitcoins and creates scarcity, laying the foundation for its inherent value.
Simultaneously, the Federal Reserve (FED) has returned to implementing monetary policy easing, with the goal of three interest rate cuts in 2024, each by 0.25 percentage points.
With the reception of much positive news, BTC has set new ATHs, pulling along many altcoins and fueling strong growth momentum. With such market optimism, cryptocurrencies are attracting a plethora of investors, given the potential for uptrend waves during this period.
CEX (Centralized Exchange) is a popular choice for new investors entering the market due to its user-friendly nature and diverse features. Moreover, recent reports from CCData’s Exchange Review highlight a significant 34% increase in overall trading activity on spot markets, reaching $1.34 billion in December. This surge in trading activity underscores the growing interest in cryptocurrency markets globally.
List Prominent Centralised Exchanged Hacks in 2023, YTD (Source: CCData)
CEX is the optimal choice for advisors looking to enter the market due to its user-friendly features and multitasking capabilities.
However, alongside this growth, there are inherent risks in trading and security. In 2023, according to CCData, many CEXs were hacked due to security vulnerabilities.
Users trading on international CEXs often face various challenges, including high transaction fees, limited language support, high foreign currency conversion fees, difficulty in withdrawing funds, complexity in usability, and security risks.
Monbase – lowest trading fees but top quality
Monbase, a leading digital asset exchange, is dedicated to providing seamless and enhanced trading experiences for users worldwide. Monbase is creating a diverse ecosystem for investors, providing full basic trading features such as Spot, Margin, Futures along with support tools such as Trading Bots, Copy Trade. The platform also supports Launchpad, Voting Mechanism, P2P, Web3 Wallet and Lending.
Introduction about Monbase(Source: Monbase)
With the lowest transaction fee criteria at present, Monbase also integrates games for investors to earn more profits besides trading.
Monbase: A solution for smart investors
With a focus on creating a user-friendly environment, Monbase caters to experienced traders, long-term holders, and newcomers alike.
With the criteria of supporting investors with low transaction fees, Monbase provides a fast, convenient trading experience with advanced security measures. Especially the multilingual support interface, fast KYC, and uninterrupted 24/24 customer support service.
Monbase platform(Source: Monbase)
End of March 2024, Monbase will officially launch the exchange
Throughout 2024, Monbase will focus on enhancing user experience and expanding services. Monbase plans to organize trading competitions, release trading bots, and integrate gaming and lending features. Looking ahead to 2025, Monbase will further solidify its presence by expanding offices into Southeast Asian countries.
Introduction about MBC token (Source: Monbase)
The MBC Token serves as the backbone of the Monbase ecosystem with diverse applications.
Transaction Fees: MBC is utilized to pay transaction fees for activities such as trading, buying and selling NFTs, and other transactions on Monbase platform.
Attractive Rewards: Users can receive enticing rewards by participating in events or actively engaging with the Monbase platform.
Ecosystem Expansion: MBC expands the ecosystem and connects with other partners.
Percentage of the Population that owns crypto in 2023 (Source: Internet)
Across Asia, cryptocurrency adoption is soaring. This presents a tremendous opportunity for Monbase. With its diverse language support, Monbase is perfectly positioned to empower investors throughout Asia to participate in the exciting world of crypto.
Monbase is a cryptocurrency exchange platform worth considering if you are seeking a safe, reputable, user-friendly, and competitively-priced platform. Visit Monbase today to explore a completely new cryptocurrency trading experience!
Let’s explore Monbase‘s official media channels: https://monbase.com/
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