Crypto price volatility has been ever present since Bitcoin’s journey began over 12 years ago, now. On one hand, this is great for traders, who take advantage of this price movement. Thanks to these high fluctuations, it is possible to earn a lot more from crypto trading than from forex, if one were to approach them with the same amount of money.
On the other hand, high volatility also means high risk, which has been one of the reasons why authorities have been warning their citizens against investing in crypto for years. Even Mastercard decided to drop Bitcoin last year due to great price swings, and turn to much more stable upcoming CBDCs.
But, despite warnings and risks, people from all over the world are still willing to invest in crypto, as they consider the rewards worth the risk. To simplify things even further, a new project called Trade Fighter now allows users to predict the direction in which the prices will move, and gain up to 97% of their investment if they are correct.
What You Need to Know About Trade Fighter
Trade Fighter is a project built on Binance Smart Chain (BSC). It allows users to connect their wallet, and deposit the desired amount of BNB. After that, all they need to do is make a prediction. If they expect that the price will go up in the next 30 seconds to 5 minutes, they can choose to be a BULL. If they expect the price to go down in this period, then they choose to be a BEAR.
If the user is right, they win rewards, and if they are wrong, they lose their investment. But, since the project wants its users to have fun and learn with their predictions they have a low entry point of $1. This helps its community to learn and develop their trading skills before upping their prediction amounts.
This is the project’s way of teaching people that investing and trading do have consequences. But, those consequences don’t have to be big and life-changing if people play it smart. And, if they can make accurate predictions, they will get rewarded in as little as 30 seconds.
The project is fully decentralized, and since there is no need to deposit the money to it, users are always in custody of their own funds, which is similar to how DEXes work. This is the most secure way to conduct this kind of trading. Mixing it with potential for great earnings, as well as low risk due to low capital entry, makes Trade Fighter a good way for new and experienced traders to get into crypto trading in a unique and fun way.
The project also has its own token, TRADE FIGHTER (TDF), which is a utility token, and it will be used to predict the price movement on the platform. Gains will also be paid out via this token, which has a limited supply of 150 million units.
What is Next for Trade Fighter?
According to the project’s roadmap, the full launch of the app with BTC/USD and ETH/USD predictions will take place this month. In August, the project plans to deal with a community setup on different social media platforms, organize competitions and airdrops.
The TDF token in the platform ecosystem will be launched in September, when the project will officially start using its native coin for everything inside the app. By October, the project hopes to see its token on PancakeSwap, and have a LP program with TDF/BNB pairing, and the full NFT launch will arrive in December 2021.