Keep Up-to-Date on the Latest News and Offers from Bittrex Global. This week in The Bit, we introduce our latest listing, Worldcoin, launch the SUN trading competition and explore DeFi's prime use-cases. FEATURED BITTREX GLOBAL IS EXCITED TO PRESENT THE LATEST ADDITION TO OUR TRADING PLATFORM: WORLDCOIN (WLD) Bittrex Global is thrilled to introduce Worldcoin (WLD) to our platform. A freely accessible, open source protocol designed to grant global economic participation, Worldcoin empowers the user community to actively shape decisions, governance and utility. [WLD is now available for trading]( on Bittrex Global. TRADING COMPETITION Join our latest trading competition to celebrate the successful launch of SUN on Bittrex Global, one of six new listings from the TRON ecosystem. The 7-day trading event is running from now until 4 September (16:00 UTC). Trade in the [USDT-SUN market]( for a chance to win a share of the total prize pool worth 10,000 USD. - Sign into your Bittrex Global account and participate in the SUN Token trading competition.
- Trades with your new Bittrex Global account must involve SUN tokens to qualify.
- Eligible new users are those who opened their account within 30 days prior to the start date. How it works: Learn more about TRON and follow the team on [X]( join their [Discord]( server, stay up-to-date on the latest announcements on [Telegram]( and learn more about the ecosystem on [GitHub](. LATEST NEWS FROM BITTREX GLOBAL JOIN OUR TEAM AT KOREA BLOCKCHAIN WEEK! We are proud to sponsor this networking event presented by NKN and MAP Protocol. Set against the dynamic backdrop of Gangnam, Seoul, on 7 September, 2023, this event will be a highlight among leaders, trailblazers and investors from both the local blockchain scene and the global stage. Get your tickets [here](. ZERO-FEE TRADING WITH BITTREX GLOBAL CONTINUES! Take advantage of this promotion and pay zero in fees when trading BTC, ETH, ADA, DOGE, XRP, ETC, TRX, XLM, LTC, and NEO with USDT. Thatâs 10 key USDT markets with no trading fees attached! Bittrex Global is committed to providing you with the safest and most secure trading experience, and we invite you to trade with the same peace of mind for nothing. [Start trading now!]( INDUSTRY NEWS GRAYSCALE RULING OVERTURNED Grayscale, manager of Grayscale Bitcoin Trust (GBTC), achieved a win against the SEC. A court ordered the SEC to reconsider rejecting GBTC's ETF conversion bid, potentially paving the way for a Bitcoin ETF and other approvals. The ruling doesn't guarantee an immediate conversion, but establishes a fair precedent. Approvals could happen anywhere from next week to early 2024. Bernstein previously predicted a substantial Bitcoin ETF market, possibly reaching 10% of Bitcoin's market cap in 2-3 years. [Coindesk.]( EOS SET TO TRADE IN JAPAN The regulatory authority for cryptocurrencies in Japan has granted whitelist approval to the EOS token, enabling its trading in yen on regulated exchanges. CEO of The EOS Network Foundation (ENF), Yves La Rose, views Japan's regulatory framework as an opportunity for growth, emphasizing potential for tokenizing gaming intellectual properties. Japanâs Prime Minister, Fumio Kishida, also acknowledges the revolutionary potential of Web3, setting the stage for a digital transformation. [Cointelegraph](.
TIPS FROM BITTREX GLOBAL Interested in getting started in the vast ecosystem of decentralised finance? Here are some of the most popular DeFi use cases to explore: - Lending: Deposit crypto into a lending pool and earn interest by providing liquidity. Compound is a popular lending dapp.
- Borrowing: Use dapps like Aave or Compound to borrow against your crypto holdings by depositing collateral.
- Liquidity Providing: Join liquidity pools to facilitate trading without intermediaries. Deposit equal parts of a trading pair and earn fees from trades. - Yield Farming: Earn tokens as rewards for providing liquidity and use them in other pools for higher returns. It involves complex strategies and risks. - Collateralising an NFT: Use a dapp like NFTfi to deposit an eligible NFT as collateral and get a peer-to-peer loan for liquidity.
- DeFi Insurance: Protect your investments from risks in the DeFi ecosystem with platforms like Nexus Mutual. DeFi offers a world of opportunities, but it's essential to understand the risks and benefits before diving in. Remember, NFTs range from free to high-value items on blockchains like Ethereum, Solana, Cardano and more. Fees vary depending on network activity.
TRENDING Michael Mouradian Head Of Digital Assets & Markets [Twitter]( [LinkedIn]( [YOUR ACCOUNT]( [CONTACT SUPPORT](
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