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Showing 20 of 52 results by ShayLegal
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Topic
Board Web Wallets
Re: What Makes a Good Web3 Wallet?
by
ShayLegal
on 07/11/2024, 17:25:44 UTC
This is a common question in the crypto space, especially for newcomers. Several features make a wallet effective, and the best choice depending on the user’s needs. For instance, MetaMask supports Ethereum but not Solana, so users wanting access to Solana Web3 services would need a wallet like Solflare or Phantom. Other popular options include Trust Wallet and Bitget Wallet.

Some wallets offer innovative features, integrating multiple services such as multi-chain support, dApp integration, ease of use, transparency, & openness.

What are your thoughts on this? Do you have any wallet recommendations for others to try?

You've good options here though.

With the recent buzz around telegram mini apps, the integration of web3 wallets have become very essential.

Currently my preferred wallet is Bitget wallet lite owing to its seamless and interoperable nature with ecosystems like Ton etc. I'll safely recommend this.
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Topic
Board Altcoin Discussion
Re: Are there communities for token holders?
by
ShayLegal
on 02/11/2024, 15:16:13 UTC
I just came across something funny lol Apparently, some projects have special communities that only their token holders can access and they even give rewards or merch to those people in the communities. Makes me wonder how you even qualify to be a holder, how much of the token do you even need to be in this special community lol

Am I the only one that just learnt about this?


Yeah, almost every token/project has its own community. The minimum requirement for joining project communities like BGB is relatively fair, just 100 BGB.

The idea of project communities is ideal, ideas and insights are shared leading to more growth for all holders.
Post
Topic
Board Altcoin Discussion
Re: Toncoin's Surging Popularity and Growing Network
by
ShayLegal
on 24/09/2024, 13:43:50 UTC
Toncoin (TON) has surged over 200% this year, becoming the fifth-most valuable Layer 1 network with a market cap of $14.371 billion. Initially developed by the Telegram team and launched in 2019, TON was transferred to independent developers in 2020 due to SEC regulations. The TON Chain has evolved into a rich ecosystem, fostering internet freedom and utility, with recent collaborations like Curve Finance highlighting its growth.

The ecosystem has seen a 12x increase in daily transaction volume over the past year, with TVL rising to $350 million, driven by DEX trading.This has made many exchanges like integrating the network into their ecosystem and encouraging lots of users to explore more of the network by way of giveaways.


Truly, A good number of exchanges are looking for ways to integrate the Ton ecosystem into its framework.

This is quite interesting considering how the traction augurs well for the blockchain network. One of the events I've laid my hands on currently is the one on Bitget.

The Learn2Earn activity is an educative one as well as one to earn, you'd earn as much as 0.5 ton.
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Topic
Board India
Topic OP
Risk Averse Modes Of Earning passive Income.
by
ShayLegal
on 28/08/2024, 08:19:28 UTC

Considering how the market has been quite indecisive, a good number of ways to earn still exist apart from necessarily trading. It could be Airdrops etc.

Through my years in the CryptoSpace, I've found platforms often organise events to let users earn passive income through risk averse and conservative means.

Being an Asian Crypto enthusiast, I'm always on the lookout for events tagged along my region! Will truly appreciate if you guys have eyes on any. Will be in the comments.
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Topic
Board Altcoin Discussion
Topic OP
Could Ancient 8 Be The Next L2 Gaming Project With Good Developments?
by
ShayLegal
on 17/07/2024, 16:25:33 UTC
The world of gaming is consistently growing, Newer systems and mechanisms are being built and put in place to enhance this sphere of cryptocurrency.

Thus, Ancient8 has come forth as a project bearing new innovations and better gaming infrastructure for the continuity of gaming in Web3. Built off the ethereum L2 stack, it seeks to develop softwares that'll offer immersive gaming experience.

Interestingly, $A8 has good blueprints to bring these into fruition. With over $6M raised in its private round I'm optimistic as to its growth.

I'll really love to know what y'all think about this project and other gaming based projects, I will be in the comments. Thank you.
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Topic
Board Trading Discussion
Re: Less Risky Modes Of Earning In The CryptoSpace That Should Be Considered.
by
ShayLegal
on 20/06/2024, 18:35:47 UTC
I did my research on staking some time back and it looked like something that I will be willing to try in the future.  However all of the modes of earning passive income have risks even staking. For example, due to the volatile nature of cryptocurrencies  and fall in price will easily outweigh  the rewards that the individual can earn from staking. In addition, the counterparty risk. I think I will be able to take on the other risks of minimum lock up and the waiting period for each blockchain to get back my coins but can bear the former. I think that Crypto lending bears the same risks but it is even better than staking.

Yeah staking has some risks but I think there's an innovative method of it rn. PoolX Op mentioned something similar. APr recorded is pretty good too in a short while and it's flexible.

Staking is only profitable if the coins you are dealing with has an upward growth. Otherwise, you will just be wasting your resources and will wait for negative ROI. That is the dilemma of most stakers as well as farmers, if the coin or token is not increasing its value, you will be on the negative end of this endeavour.

I have tried staking and farming, and I can say, I won't consider it as low risk because if you happen to deal with alts whose growth is declining and not the upward movement, you are screwed. And knowing the alt market, we all know that very few of these alts can grow overtime, let alone survive. So if you can't keep up with their developments, better not to involve yourself to that project. Because in most cases, you will be holding bag of worthless coins/tokens once you decide to discard them in the market. Most of them are only good for short-term trading. Once you hold them longer, they can easily lose value because most of them have crappy background.

I get your point buddy and fears alike. However, you'd advert your mind to the fact that passive earning opportunities are still very integral.
I'd recommend you looking into frameworks like PoolX on Bitget, you just need to simply stake USDT or $BGB to Mine other tokens you believe in. Tokens like $ONG and $APRS ranked as one among the top tokens you'd stake to earn recently.
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Topic
Board Trading Discussion
Topic OP
Less Risky Modes Of Earning In The CryptoSpace That Should Be Considered.
by
ShayLegal
on 18/06/2024, 07:33:39 UTC

A good number of mechanisms exist to enhance earning in the CryptoSpace. Most times, it is ideal to explore a few of them.

A lot of these abound. Ranging from passive earning opportunities like staking, farming and lending, newer frameworks like PoolX are currently having a field day. With the PoolX, users are given an opportunity to stake USDT, $BGB & Other alts to mine other good tokens.

Let me know what you think about these kinds of ways to earn.
Post
Topic
Board Altcoin Discussion
Re: How much interest do you earn from your USDT?
by
ShayLegal
on 22/04/2024, 13:05:12 UTC
Can anyone help explain to me my staking and keeping the USDT in an exchange is better than just buying promising assets like Bitcoin and just waiting it out until the market pumps.
I think it has a dual purpose, having that preparedness when the dip comes and your USDT is ready to purchase those cheaper Bitcoins or any coin that you prefer to buy.

At the same time, it gives that interest rate for just doing nothing and depositing it to their earn product that gives the depositor flexibility and can withdraw any moment they wish to.

I do have some friend who even lost money trying to stake on platforms that filed for bankruptcy during the bear market, like Celsius network.
That's the risk of it and with these exchanges, although they have other services it's also possible to happen to these known cexes.
Have you heard of the savings blast on Bitget though? The criteria to participate is simple, you need to subscribe to any of the platform's earn product with an amount within the range of $100 or more.

The offer is available to 800 users and it is based on FCFS, you'd look this up.
Post
Topic
Board Altcoin Discussion
Topic OP
Next Level User "Identifier" Framework; An Innovative Step To decentralisation?
by
ShayLegal
on 28/03/2024, 17:52:27 UTC

A lot of use cases have trumped in the crypto space, we have seen a wide range of payment frameworks come up.

Just recently, i have found projects built along tokens that represent a user’s identity and live in wallets. This serves as gatekeeper for your Dapp thus allowing access for requirements such as age, location, humanity and more.

Through this, $CVC stands as one of the projects i have found with this awesome usecase. While scrollling through and reading the project’s roadmap there is a lot of stuff under works.

The most trhrilling part of it lies in its uniqueness i.e; a unique human being behind every wallet, this exists to curb bad actors. Personally, i am looking to invest in this project and i will appreciate everyone’s thought on this?


Post
Topic
Board Altcoin Discussion
Topic OP
The Futuristic Potential Of Solana MemeCoins.
by
ShayLegal
on 21/03/2024, 14:39:26 UTC
 
Memecoins as an integral part of the crypto space keep springing up with time, in all of these the DOG narrative remains ever green.  Recently, solana memes have been on literal steroids.

Thus, BENDOG as one of its new projects is a meme token created on solana, the project's name is quite significant. The name BENDOG stems from the name of the special advisor of one of Solana’s co-founders.

As customary with memes, this has enabled the price to trump up exponentially.
Similarly, $BIBO as a solana gem is showing pretty good traction and on chain activity in a similar fashion as the afore meme. By keenly looking at solana meme tokens one would notice the significant performance of memes like $BOME, $BONK et al.

Gleaning from some of these projects that are seemingly progenitors of solana memes and thinking these newer tokens will follow in their footsteps is quite feasible. More so, Bitget has been my go to place for seamlessly trading these solana memes since the entire craze all began. What is y’alls take on memes currently? Especially solana  based, pls share your thoughts.
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Topic
Board Altcoin Discussion
Re: Solana Altcoin Gems still appearing.
by
ShayLegal
on 18/03/2024, 23:37:12 UTC


In this case i am not talking about the memecoins, i want to know if someone knows Hellium Mobile. It might be the leading coin on Mobile esrvices and is backed up by T- Mobile. Also the project leverages Solana Network
Well, with respect to the Sol network not just Helium possess these good partnerships. Good Solana MemeCoins like $SLERF and $BOME are screaming utility as well. I've been looking at these since bitget listed.
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Topic
Board Altcoin Discussion
Re: What is the largest meme coin ever?
by
ShayLegal
on 18/03/2024, 23:33:40 UTC
Which is the biggest meme coin yet? You can visit the cmc list if you want, and don't forget to name your profitable meme coin.
I can share some name of top meme coin.
Shiba
Dogecoin
Floki
Babydogecoin
Pepe
Mona
Currently, there's been an evolution of more Memecoins. As we progress gradually towards a full blown bull run, these coins have been on literal steroids.

Interestingly, most of these gems are built on the Solana network. The likes of $BOME, $SNAP and $SLERF are some of the top memes now. Good thing is, they're even listed on CExs like Bitget where much more hype could be garnered.
Post
Topic
Board Speculation
Re: BTC above $53k
by
ShayLegal
on 28/02/2024, 09:17:24 UTC
The major thing that I have considered with this is that it's for the accumulation stage. It's that part that we can count on and in the long term, we can be victorious. We all know that it will definitely increase in volume with the fact that old money are coming in into the market. It's going to really show itself when the halving its near. I do hope everyone is up along the ride.
This is good take buddy. The approval of the Spot ETF is a very strong bullish sentiment.
Personally, I've always felt it is a prelude to the next bull run just how the halving is.

Per Bitget's study on the Spot ETF and the positivism it holds, my confidence has been reinstilled to invest in more Bitcoin for the long haul.
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Topic
Board Altcoin Discussion
Topic OP
The Trajectory Of Crypto Based Payment Systems Thus Far.
by
ShayLegal
on 09/02/2024, 11:40:52 UTC
Crypto based payments are one of the up and growing narratives since inception of Cryptocurrencies.

Slow but steady, crypto is gaining significant traction and usecases, before now we could barely hear of using crypto for payments.

Just recently, with projects like IVPAY we're noticing full blown crypto based payment systems come into fruition.

Being a payment system to E commerce, retail and vending machines, it seeks to increasingly ease and enhance payments for Web3 enthusiasts.

The core of IVPAY lies in its intent to make Crypto payments open to all and sundry.

In a bid to achieve all of its set objectives, the project has forged a partnership with Binance pay to further extend its tentacles in the world of digital crypto payments.

With what this project is bringing forth, everyone is bound to share some level of optimism, personally I feel all its blueprints will crystallise and all purposes achieved.

Interestingly, the value of the native token $IVPAY will grow commensurately, I'm hopeful. With the listing coming up on T1 platforms like Bitget, more spotlight will be shed on the project.👏
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Topic
Board Marketplace
Re: What does arrival of Vugar Usi Zade to Bitget means for the company?
by
ShayLegal
on 12/01/2024, 10:30:38 UTC
In my 11 years of experience as a human resource manager, I am able to tell that recruiting and having more intellectuals in a company or institution can facilitate unprecedented success, reason is that this kind of individuals can see through the eye of the needle the opportunity hidden to most regular people.

The appointment of Gracy Chen as M.D of Bitget is a testament to this fact as the exchange has witnessed remarkable growth and expansion since joining Bitget 1st June, 2022.

I was elated to see that another big brain (Vugar Usi Zade) with expertise in the field of finance, telecom, crypto and other key sectors with over 15 years of experience has now been appointed as the new COO (chief operations officer) of the exchange.

While I have no doubt about the achievement the combination of Gracy Chen and Vugar Usi Zade will bring to the company, do you think the exchange can challenge other CEX to claim the top spot in few years to come?
Personally, I think this holds incredible benefits for the entire crypto space. Taking a keen look at Vugar's profile,it shows he's a worthy addition to the CEX.
With such a packed duo as Gracy and Vugar, one could only but conjecture how far they will take the CryptoSpace. I'm practically optimistic.
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Topic
Board Altcoin Discussion
Re: THE DEVELOPMENT OF WEB3 PROJECTS AND FUTURE PROJECTION.
by
ShayLegal
on 06/01/2024, 05:03:52 UTC
I do not think that the current projects are Web3, but rather they are called Web2, as the idea of Web3 is based on the Internet, moving from the known level, which is that we can interact with each other in communication, to a higher level, which is that there are feelings in this communication, which is known as the metaverse, which requires that it be managed through central servers, while blockchain requires it to be decentralized.

If the current projects do something real about this, they will gain popularity, but it is just a repetition of promises that they quickly ignore implementing.
I get your point of view. However, apart from the metaverse and other things that were mentioned, one of the core features of Web3 is Decentralization. Certain projects seek to democratise the space through governance et al. While I'm waiting on projects that'd bring the other features of Web3 into fruition, It is worthy to appreciate the ones coming up. I currently have my eyes on Finschia ($FNSA) . I only read up on it when I saw its CEX listing on Bitget.
Post
Topic
Board Altcoin Discussion
Re: THE DEVELOPMENT OF WEB3 PROJECTS AND FUTURE PROJECTION.
by
ShayLegal
on 06/01/2024, 04:56:50 UTC
With the bull gradually approaching and Web3 getting fully functional, there's been a couple of projects that have been rolled out with potential to onboard more users in Web3 and let users earn passively without necessarily investing but contributing to the ecosystem.

This particular usecase stems from one of the core ideals of Web3 which is democratisation. I've been on the lookout for these kind of projects, I'll appreciate recommendations. Thanks.
So can you share more about the projects you are pursuing that build on the theories you mentioned?

I'm not sure if people are overusing some of the terminology in this space, but honestly it comes as a matter of necessity when restrictions need to change in cyberspace. Web3 is not a superstar, or rather in my opinion, there is more hype about the capabilities than the features that exist. I quite like Astar network, it's a project I've known since it was still called Plasm, although their changes in the Web3 environment haven't been much special, but anyway, in this aspect they are still developing quite well.
Well, Web3 is a good and necessary evolution. See how we carefully moved from Web1 to Web2 then Web3. The latter is a phase as we all know it. The project I'm talking about is $FNSA it seeks to onboard the next 1B users into Web3. It is a rebrand of LINE blockchain which was created by a global messenger company. It got listed by Bitget earlier.
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Topic
Board Altcoin Discussion
Topic OP
THE DEVELOPMENT OF WEB3 PROJECTS AND FUTURE PROJECTION.
by
ShayLegal
on 05/01/2024, 14:26:54 UTC
With the bull gradually approaching and Web3 getting fully functional, there's been a couple of projects that have been rolled out with potential to onboard more users in Web3 and let users earn passively without necessarily investing but contributing to the ecosystem.

This particular usecase stems from one of the core ideals of Web3 which is democratisation. I've been on the lookout for these kind of projects, I'll appreciate recommendations. Thanks.
Post
Topic
Board Marketplace (Altcoins)
Re: Some Passive Earning Opportunities On My Radar.
by
ShayLegal
on 25/12/2023, 02:57:37 UTC
Thank you for sharing this information about the Task2Get event12! It sounds like a great opportunity for those interested in cryptocurrency and blockchain technology.

As you mentioned, participants can earn $ZKF tokens by performing cross chain transactions from Ethereum main net to ZkFAIR on Bitget wallet34. Additionally, filling out the Galxe form56 and participating in ZkFAIR mainnet tasks via Bitget wallet’s in apps portal4 are prerequisites for getting airdropped.

It’s important to note, as you rightly pointed out, that everyone should do their own research (DYOR) before participating in such events. While these opportunities can be rewarding, they also come with risks, especially for those who are new to the crypto space.

Once again, thank you for sharing this opportunity. It’s always exciting to see new developments and opportunities in the world of cryptocurrency! 😊
Welcome buddy, I really do hope you'd participate in the event, doing your own research is quite ideal. Being a fan of retroactive airdrops I just thought I'd share this $ZKF earning opportunity.
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Topic
Board Marketplace (Altcoins)
Re: Some Passive Earning Opportunities On My Radar.
by
ShayLegal
on 25/12/2023, 02:54:27 UTC
Op from your description to earn passively, I didn't get anything there and the only thing I understand here the topic. The $ZKF is it a coin or airdrop? Op let me tell you there are earning that one will make in internet that is not even worth it. All the projects or portfolios you made mentioned in the op are not popular to many in the cryptocurrency market so therefore I don't think people will be interested to start or follow that earning methods.

People like to invest or earn in a project that is popular to avoid scamming but if your mentions are well known then there is no problem. But even at that not everybody will be interested to join.
Of course buddy, that's true. But the thing is, no asset skips this phase of being quite unknown before moving upwards, $ZKF is actually an airdrop you get for performing the above listed tasks. It'll gladden your heart to know that we're in a highly speculative market, doing some of these retroactive airdrops could end up being beneficial. I'm just sharing the info I've so everyone would benefit. I've shared the link upwards already, you can look it up to check more about the event/Airdrop.