30% trading fee discount referral code for OKX Exchange, the world’s 2nd largest cryptocurrency futures trading platform.

30% trading fee discount referral code for OKX Exchange, the world’s 2nd largest cryptocurrency futures trading platform.

by | Jun 5, 2023 | Referral Code

 

The global cryptocurrency marketplace is a highly competitive space. As the quest for the leading position continues, OKX cryptocurrency exchange has shown significant advancement. Based on CoinMarketCap, a reputable site for comparing global cryptocurrency exchange trade volumes, OKX has ascended to the 2nd spot, overtaking Bybit in futures trading volume.

But this isn't the only remarkable thing about OKX. They offer a lucrative opportunity that may entice both new and seasoned traders alike - a generous 30% discount on trading fees. To benefit from this offer, users need to enter the referral code "64912533" during sign-up.
By joining OKX via the following link, https://www.okx.com/join/64912533, new members can save 20% on trading fees.

As the Bitcoin halving event is anticipated to take place in about a year, no one knows exactly when it will occur. Yet, those who prepare in advance stand a chance to amass wealth, while those who don't may fall behind. Are you ready to prepare for the future? Because I am. And the reason is simple - I want to be rich.

 

 

 

 

 

OKX Exchange hosts a popular SUI Token Airdrop event

OKX Exchange hosts a popular SUI Token Airdrop event

by | Apr 25, 2023 | Crypto Blog

OKX Exchange is hosting a popular SUI Token Airdrop event.

The OKX SUI Token Airdrop period is from April 23, 2023, 16:00 UTC to May 4, 2023, 15:59 UTC.

SUI Token is a rival to the popular APT Token, with a transaction rate of 120,000 TPS (Transactions Per Second) on an 8-core M1 MacBook Pro, compared to APT's 160,000 TPS. Ethereum, with 15 TPS, and SOL, which promoted itself as an Ethereum killer with 60,000 TPS, have experienced network issues when transactions surged, diminishing their credibility. SUI Token is a fast and secure Layer 1 Web 3.0 cryptocurrency.

The airdrop event is exciting, given the token's potential to become a major player in the global blockchain's hot keyword, the WEB 3.0 ecosystem.

The event is also being held on Bybit and KuCoin exchanges, but to avoid confusion, only the OKX Exchange will be introduced on Referral codescom. To participate in the event, you must first sign up for OKX Exchange and verify your KYC up to Level 2.

Refer to the following post for a 20% discount on fees and KYC verification method. If you sign up for OKX using the referral code in the post and invite a friend, you'll become a partner and receive 20% of the fees your friend trades.

OKX Exchange Fee 20% Discount, KYC Verification Guide

OKX Referral Code: Get 20% Fee Discount

 

 

After signing up for the OKX Exchange, apply for the event through the link below.

https://www.okx.com/activities/affiliate-sui-special-offer?pagesourcefrom=affiliateactivity&channelId=47041357

 

 

 

 

Press the Enroll button at the top banner of the linked page to participate.

 

 

To receive the SUI Token Airdrop, complete the following missions:

  1. Deposit at least 100 USDT and do not withdraw until three days after the event ends.
  2. Receive SUI Token Airdrop based on your trading volume of 1,000 USDT or more (both spot and futures trading are accepted).
  3. SUI Token Airdrop will be deposited five days after the event ends.

Below are the rewards based on trading volume:

For example, if you deposit 1,000 USDT worth of Ripple (XRP) coins into OKX Exchange and sell them, you'll be eligible for five rewards with a spot trading volume of 1,000 USDT. Then, you can use the 1,000 USDT obtained from selling Ripple for spot and futures trading, which will both count toward your trading volume.

In the case of futures or margin trading, if you buy and sell 20 times the amount of 1,000 USDT (20,000 USDT), you'll get a total trading volume of 40,000 USDT. If you change the multiplier to 5 and buy and sell 5,000 USDT, you'll get a trading volume of 10,000 USDT, and you'll receive 100 SUI Tokens with a total trading volume of 50,000 USDT.

* Trading with a 20-times multiplier is highly risky and is just an example for trading volume recognition. Beginners should not follow this method, as they may be liquidated quickly.

 

 

According to current laws and regulations, users from the following countries or regions (based on KYC information) can't participate in this activity:
Cuba, Iran, North Korea, Crimea, Malaysia, Singapore, Syria, The US, including all US territories such as Puerto Rico, American Samoa, Guam, Northern Mariana, and the US Virgin Islands (St. Croix, St. John and St. Thomas), The Bahamas, Canada, Bangladesh, Bolivia, Donetsk, Luhansk, Malta, Belarus, Ukraine and Russia.
 

 

Hong Kong Court Recognizes Crypto as Property

Hong Kong Court Recognizes Crypto as Property

by | Apr 19, 2023 | Crypto Blog

 

Recently, a Hong Kong court ruled that cryptocurrency is considered property and can be held on trust. This decision, which involved the now-defunct crypto exchange Gatecoin, has significant implications for the crypto industry, particularly in terms of regulation and asset classification.

According to CoinDesk, the ruling was made by Justice Linda Chan, who stated that Hong Kong's definition of "property" is broad and intended to have a wide meaning. This ruling is in line with similar decisions in Mainland China and the US, where the Internal Revenue Service (IRS) treats crypto as property for tax purposes. Moreover, a government-funded law commission in the UK has determined that crypto can be classified as a new type of property under existing laws in England and Wales.

In 2019, Gatecoin announced that it would shut down and begin liquidation after attempting to recover disputed funds from a former payment services provider. The liquidators sought guidance from the court on how to treat the crypto held by Gatecoin, which amounted to over 140 million Hong Kong dollars ($17.8 million) in October 2022.

 

While the court found that cryptocurrencies can form the subject matter of a trust, it determined that a trust had not been established in this particular case. This ruling provides greater clarity for Hong Kong liquidators on how to treat crypto assets held by companies during wind-down procedures.

As Hong Kong continues to push for clearer regulations in the crypto sector, brokerage firm Bernstein has noted that the jurisdiction's approach to regulating crypto could attract capital amid global regulatory uncertainty.

 

In summary, to get a fee discount, you must sign up for membership through the link below. We have briefly introduced the Bybit registration method, KYC certification, and security management methods.

https://partner.bybit.com/b/diddy09

If it's an app, you can enter 19670 as the referral code.

Bitcoin Mirrors Gold’s 1970s Path: Morgan Stanley vs Bernstein Outlook

Bitcoin Mirrors Gold’s 1970s Path: Morgan Stanley vs Bernstein Outlook

by | Apr 18, 2023 | Crypto Blog

 

Morgan Stanley suggests Bitcoin may face tough times ahead, as it shares similarities with the movement of gold in the 1970s. According to CNBC, Morgan Stanley strategist, Sheena Shah, claims that "50 years ago, gold was also traded as a speculative asset" and that "Bitcoin has so far followed a similar path to the gold price speculation of the 1970s, moving in a four-year cycle."

Gold in the 1970s followed the consumer price index (CPI) as governments explosively issued legal tender in response to crises. Shah notes that "from 1971, as the US dollar supply increased rapidly, the price of gold quadrupled in just four years." Between August 1976 and January 1980, the gold price increased eight-fold, from $102 to $850, but the speculation had not yet reached its peak.

Shah adds that "the statistical similarity between Bitcoin and gold could be coincidental, as gold prices were managed for the first few years." Bitcoin proponents emphasize its potential as 'digital gold,' citing its divisibility, scarcity, and independence from central issuers.

 

Some once argued that Bitcoin could serve as an alternative to stocks, but this claim lost steam as the correlation between cryptocurrencies and stocks reached an all-time high during last year's market turmoil. As of last month, the correlation between Bitcoin and stocks fell to its lowest since 2021, while that of Bitcoin and gold rose.

In contrast, Wall Street investment bank Bernstein points out that Bitcoin recorded a 2.91 times higher return than gold over three years as the Federal Reserve lowered interest rates amid the COVID-19 pandemic. They predict "an unprecedented Bitcoin bull run is about to begin." The report states, "the collapse of FTX and consecutive bankruptcies of US banks are catalysts for a new crypto bull market. Positive news for the crypto market includes the completion of Ethereum's Shanghai upgrade, the success of Arbitrum, and the upcoming Bitcoin halving."

With two opposing outlooks, it remains to be seen whether Morgan Stanley's 'disappointment' or Bernstein's 'expectation' will prevail.

 

 

In summary, to get a fee discount, you must sign up for membership through the link below. We have briefly introduced the Bybit registration method, KYC certification, and security management methods.

https://partner.bybit.com/b/diddy09

If it's an app, you can enter 19670 as the referral code.

US CPI Report Shows Encouraging Signs, But Market Volatility Persists

US CPI Report Shows Encouraging Signs, But Market Volatility Persists

by | Apr 13, 2023 | Crypto Blog

 

On April 12th, 2023, the US Consumer Price Index (CPI) for April was announced, showing a 5.0% increase compared to the previous year. This is lower than the anticipated 5.2%, but still far from the Federal Reserve's 2% target. Nonetheless, it is the first time since September 2021 that the CPI has come in at 5.0%, which is quite encouraging.

 

 

A month-over-month chart shows a gradual downward trend. However, it is still premature to expect cryptocurrencies or stocks to move in a single direction. The core CPI rose 5.6% year-over-year, higher than February's CPI. Bloomberg points out that this is the first time in two years that the core CPI's growth rate has exceeded the overall CPI growth rate, indicating persistent high inflation.

 

 

Bybit Exchange Bitcoin Chart

These announcements can create a sense of unease in the market, even though they contain well-known information. Bitcoin's price fluctuated before and after the US CPI announcement, demonstrating enough volatility for high-leverage futures traders to face liquidation. During major economic announcements such as CPI or FOMC interest rate decisions, it is prudent to observe rather than trade. As prices tend to return to their original levels, placing a buy order at the initial position can provide peace of mind and a good night's sleep.

 

 

OKX exchange is a massive exchange, ranked third after Binance and Bybit in terms of Derivatives trading standards.

If you sign up for OKX exchange through the link below, you can receive a 20% fee discount. Although sometimes advertised as a 50% discount, it is often only 20% in reality. The link below is a safe and stable 20% discount link with no fluctuations. If you sign up through the App, simply enter the referral code 47041357.

https://www.okx.com/join/47041357

Furthermore, if you sign up with the referral code 47041357, you can directly recruit referrals. As a result, you can receive a rebate of 20% of the direct referral's trading fee. Therefore, we recommend recruiting referrals directly to receive the benefits.

How to apply Huobi Referral Code?

Huobi Global exchange is one of the best cryptocurrency exchanges in the world. Use Huobi Referral code hvxi7223 for Signup and become a part of this program where you can earn 5672$ and a 50% commission from the trading fee in this referral program.

Referral Codehvxi7223
Bonus5672$ + 50%
RequirementsNew user

Registration link https://www.huobi.com/en-us/v/register/double-invite/?invite_code=hvxi7223

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