China’s recent declaration recognizing Ethereum (ETH) and Binance (BNB) as top-tier cryptocurrencies have stirred the global crypto market. Amid these endorsements, all eyes are now on new players like Tradecurve, currently in its presale phase.
With its innovative approach to introducing derivatives trading to crypto, will Tradecurve be the next to catch China’s attention? Let’s explore the possibilities.
Imagine a trading hub where you can trade traditional stocks and commodities, right alongside the latest cryptocurrencies, all from one easy-to-use account. This is what Tradecurve brings to the table.
This cutting-edge platform leverages the benefits of both decentralized and centralized finance models to create a space where users can trade freely, without having to go through the usual hoops of verification procedures, known as KYC, found in traditional systems.
The setup process on Tradecurve is seamless and straightforward. With just an email and a crypto deposit, anyone can join and start exploring the vast trading opportunities available on the platform.
What makes Tradecurve even more compelling are its user-centric features. They offer a bouquet of tools, including AI-driven algorithmic trading, 500:1 account leverage, a training academy in an immersive metaverse, and negative balance protection.
TCRV tokens benefit even further, with a special VIP account experience, incentives on deposits, and rewards as users climb the levels of their trading journey. Moreover, TCRV holders can earn passive income by staking their tokens in their accounts.
TCRV is currently priced at $0.018 in the second phase of the presale. However, market watchers predict that the TCRV token will not only rise significantly during the presale phase but could potentially skyrocket to $1.00 post-launch as the platform continues to disrupt the trading industry.
It’s also worth mentioning that China is bullish on projects that are the foundational infrastructure for the blockchain industry. As Tradecurve becomes the new go-to trading option, it could be next in line to join China’s top cryptos – ETH and BNB.
China Picks Ethereum (ETH) and Binance (BNB) as Top Cryptos
The narrative surrounding China’s involvement in cryptocurrency has intensified with Hong Kong’s decision to facilitate retail crypto trading. This change in attitude towards cryptocurrency in Hong Kong has brought numerous cryptocurrencies and their underlying blockchains into the spotlight, propelling price surges in the process.
While this law change only applies to Hong Kong’s retail investors, rumors are circulating that this is a trial run for mainland China’s crypto adoption. All eyes are now focused on those projects which have strong support from the Chinese government, as well as traders in the Eastern hemisphere.
A recent publication by TechFlowPost, a Chinese crypto-focused media outlet, has gathered insights about crypto projects and tokens that are popular within the community. As per the report published on May 29, the preferred projects for Chinese-speaking people in Asia primarily originate from the Ethereum (ETH) and Binance (BNB) Chain ecosystems.
Ethereum, the leading Layer-1 blockchain protocol, commands the highest preference among Chinese investors, with a staggering 85.4% favorability. Binance (BNB) Chain follows, although at a significantly lower percentage of 56.2%.
Based on the current trend, it appears that tokens associated with DeFi protocols, infrastructure, and NFTs have emerged as the most popular categories in the Chinese cryptocurrency narrative. As such, it is only natural that Ethereum (ETH) and Binance (BNB) are the go-to blockchains for Chinese investors.
Both of these assets are feeling the negative effects of American sanctions on the crypto market, with Binance (BNB) under a full-fledged attack. China opening its doors to cryptocurrency trading may be the only thing that can save them.
For more information about $TCRV presale tokens:
Buy presale: https://app.tradecurve.io/sign-up
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