Place/Date: - May 28th, 2023 at 12:08 pm UTC · 3 min read
RenQ Finance (RENQ) and Tradecurve (TCRV) are new projects in the web3 industry that have recently come into the scene with a lot to offer. As a result, they have gathered a lot of attention from crypto experts who are bullish on the future of these altcoins. To see how far they can climb and what kind of value they can bring, we will be analyzing both projects in-depth.
The RenQ Finance project has been getting much attention among investor circles as it can disrupt the financial landscape by bringing together all isolated blockchains and creating a cross-chain asset exchange network. What this means is that users of RenQ Finance will get access to the most competitive prices in the industry, as the platform gets its liquidity from different exchanges and then distributes a single trade transaction across multiple different DEXs.
The RenQ Finance platform has its own utility token known as RENQ, used for network governance. Users of RenQ Finance can decide on its future by voting on proposals.RenQ Finance has already launched on top of the Uniswap DEX, with plans to get added on top of Huobi and BitMart. Cryptocurrency experts are bullish for the future of RENQ.
Most CEXs today have restrictions, ranging from geographical blockades for specific users to a limit on the types of assets that can be traded. Moreover, these exchanges require KYC documentation, which removes the high level of security and anonymity that users expect from the blockchain industry. For their services, CEXs also require users to pay hefty transaction fees and commissions, which can eat up their profit margins.
Tradecurve has been developed as a hybrid exchange that will combat all of this and change how users interact with the decentralized finance space, and as a result, cryptocurrency experts are bullish on its future.
On top of Tradecurve, users can deposit crypto and use it as collateral. They are not just limited to trading cryptocurrencies, as they can also access any other derivative, all whilst maintaining their anonymity, privacy, and security.
The Tradecurve team will also implement Proof of Reserves (PoR), and newbies will get access to a dedicated trading academy that will teach them everything they need to know.
Traders can enjoy numerous features on Tradecurve, like high leverage starting at 500:1, a VIP account system, algorithmic trading through AI, negative balance protection, and much more. During its Stage 2 presale, TCRV trades at $0.012. At Stage 3, its value will increase by 25%, and it will trade at $0.015. Cryptocurrency analysts predict its value can climb 100x at launch, providing a unique opportunity.
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