Announcing the first set of Winners
We are pleased to announce the winners for the past week.
These winners will get $20 each for their contribution to the community.
Winners are :
@BaljinBaljik
@kodokudeath
@snowfluke
@anik989
@Benny2nv4eva
If your name appears here, please send @glorylucas a dm with your BEP20 USDT address.
New week of winners starts counting immediately!
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We are pleased to announce the winners for the past week.
These winners will get $20 each for their contribution to the community.
Winners are :
@BaljinBaljik
@kodokudeath
@snowfluke
@anik989
@Benny2nv4eva
If your name appears here, please send @glorylucas a dm with your BEP20 USDT address.
New week of winners starts counting immediately!
🌐SocialsTwitter | Telegram Chat | Website | Medium
Bitlocus CeDefi : Bridging the Gap of investing in DeFi for FIAT investors.
Bitlocus offers a different solution as a one-stop shop by allowing traders and investors to onboard FIAT currency onto the platform.
Bitlocus accomplishes all of this by using a hybrid of CeFi and DeFi. On one hand, you have many of the positive aspects of a centralized exchange. On the other hand, integrating with the Terra blockchain offers the many benefits of DeFi, including the integration of the native Bitlocus cryptocurrency, BTL.
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Bitlocus offers a different solution as a one-stop shop by allowing traders and investors to onboard FIAT currency onto the platform.
Bitlocus accomplishes all of this by using a hybrid of CeFi and DeFi. On one hand, you have many of the positive aspects of a centralized exchange. On the other hand, integrating with the Terra blockchain offers the many benefits of DeFi, including the integration of the native Bitlocus cryptocurrency, BTL.
🌐SocialsTwitter | Telegram Chat | Website | Medium
INTRODUCING THE BITLOCUS MEME CONTEST
We are excited to announce the launch of Bitlocus Meme Contest.
The contest will kickstart on Thursday, Nov 4, 2021 00:00 UTC.
🎁 $400 will be distributed to 10 community voted winners.
How can you Participate ?
😎 Create any Bitlocus related meme.
#️⃣ Use the hashtag #Bitlocusmeme #Bitlocus #BitlocusCeDeFi on twitter
🏷 Tag @bitlocus on Twitter and post in the Telegram Community
🔑 Don't change your username or you'll be disqualified.
🧠 Be creative.
We'll pick the top 19 finalists for community vote.
Please note that this contest is valid only on telegram and twitter.
May the best meme win🥳🥂
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We are excited to announce the launch of Bitlocus Meme Contest.
The contest will kickstart on Thursday, Nov 4, 2021 00:00 UTC.
🎁 $400 will be distributed to 10 community voted winners.
How can you Participate ?
😎 Create any Bitlocus related meme.
#️⃣ Use the hashtag #Bitlocusmeme #Bitlocus #BitlocusCeDeFi on twitter
🏷 Tag @bitlocus on Twitter and post in the Telegram Community
🔑 Don't change your username or you'll be disqualified.
🧠 Be creative.
We'll pick the top 19 finalists for community vote.
Please note that this contest is valid only on telegram and twitter.
May the best meme win🥳🥂
Share Tweet
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Yield Comparison: DeFi Rates vs. Traditional Finance
To say that traditional interest rates in the European and other international markets have been disappointing would be a grave understatement. In fact, savings accounts and certificates of deposits (CDs) have hardly ventured above 1% over the last decade.
Cryptocurrency offers an excellent opportunity for potential investors, as well as those just looking to grow their nest egg. But between being touted as extremely volatile, as well as requiring technical knowledge, it probably isn’t most people’s first choice.
CeDeFi platforms, like Bitlocus, have drastically lowered the entry bar for people with little to no technical knowledge.
So what kind of options are out there?
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To say that traditional interest rates in the European and other international markets have been disappointing would be a grave understatement. In fact, savings accounts and certificates of deposits (CDs) have hardly ventured above 1% over the last decade.
Cryptocurrency offers an excellent opportunity for potential investors, as well as those just looking to grow their nest egg. But between being touted as extremely volatile, as well as requiring technical knowledge, it probably isn’t most people’s first choice.
CeDeFi platforms, like Bitlocus, have drastically lowered the entry bar for people with little to no technical knowledge.
So what kind of options are out there?
Read more | Share Tweet
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Crypto Library will be hosting an AMA with Bitlocus today, 4th of November, 1 PM UTC
🏚Venue For AMA ⤵️
@CryptoLibraryDiscussion
💰Reward Pool : 100$
Hear directly from the Bitlocus team what we have to offer to the Global Crypto Community.
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🏚Venue For AMA ⤵️
@CryptoLibraryDiscussion
💰Reward Pool : 100$
Hear directly from the Bitlocus team what we have to offer to the Global Crypto Community.
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DeFi options in crypto
DeFi is a collective term for financial products and services that are accessible to anyone who can use certain cryptocurrencies– anyone with an internet connection.
It is a form of finance that does not rely on central financial intermediaries such as brokerages, exchanges, or banks to offer traditional financial instruments, and instead utilizes smart contracts on blockchains like Terra, Ethereum, Binance e.t.c.
In DeFi, numerous opportunities exist alongside significant risks.
Bitlocus CeDeFi allows investors to easily invest FIAT into the De-Fi platform, which reduces transaction fees, eliminates risks and the chance of making mistakes in this process.
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DeFi is a collective term for financial products and services that are accessible to anyone who can use certain cryptocurrencies– anyone with an internet connection.
It is a form of finance that does not rely on central financial intermediaries such as brokerages, exchanges, or banks to offer traditional financial instruments, and instead utilizes smart contracts on blockchains like Terra, Ethereum, Binance e.t.c.
In DeFi, numerous opportunities exist alongside significant risks.
Bitlocus CeDeFi allows investors to easily invest FIAT into the De-Fi platform, which reduces transaction fees, eliminates risks and the chance of making mistakes in this process.
Share Tweet
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GTA Trading Community will be hosting an AMA with Bitlocus on the 6th of November, 1 PM UTC
🏚Venue For AMA ⤵️
@gta_trading_community
💰Reward Pool : 100$
Hear directly from the Bitlocus team what we have to offer to the Global Crypto Community.
Share Tweet
🌐Socials
Twitter | Telegram Chat | Website | Medium
🏚Venue For AMA ⤵️
@gta_trading_community
💰Reward Pool : 100$
Hear directly from the Bitlocus team what we have to offer to the Global Crypto Community.
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Bitlocus — Solving the risks associated with DeFi (Technical Risks)
DeFi applications (DApps) use blockchain to mimic traditional financial systems such as banks and exchanges. However, with these systems, there is always a central body that controls the system. While this can solve numerous problems of CeFi, there are undoubtedly associated risks with the use of DeFi and DApps.
The technical risks of DeFi
DeFi platforms, like other types of financial services operations, suffer from serious cybersecurity risks in addition to scalability issues.
How Bitlocus Mitigates DeFi’s Technical and Procedural Risks
Bitlocus’ emphasis on creating a safe and user-friendly environment helps protect investors from the many risks associated with DeFi. While there will always be risks in investing, the platform does its best to mitigate users’ exposure to potential crises.
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DeFi applications (DApps) use blockchain to mimic traditional financial systems such as banks and exchanges. However, with these systems, there is always a central body that controls the system. While this can solve numerous problems of CeFi, there are undoubtedly associated risks with the use of DeFi and DApps.
The technical risks of DeFi
DeFi platforms, like other types of financial services operations, suffer from serious cybersecurity risks in addition to scalability issues.
How Bitlocus Mitigates DeFi’s Technical and Procedural Risks
Bitlocus’ emphasis on creating a safe and user-friendly environment helps protect investors from the many risks associated with DeFi. While there will always be risks in investing, the platform does its best to mitigate users’ exposure to potential crises.
Read more | Share Tweet
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Understanding the Bitlocus CeDeFI platform
The Bitlocus CeDeFi solution is superior to those of traditional and other DeFi platforms. Investing FIAT into crypto and DeFi options has never been this easy, secure and low cost.
Simple user interface
Investing in DeFi is now simple. Bitlocus shortens the process to only a few steps for users. The user interface does not require any high-level technical skills or crypto knowledge.
Cost management
The cost when using our platform is significantly reduced. Bitlocus completely removes the fiat-to-crypto conversion fee and investing in DeFi protocols only costs a low fee of 0.5%
Mitigating the Risks
Our advanced protection system reduces investment risks associated with DeFi to almost zero. Bitlocus will protect users from Ponzi schemes, scams and abnormal FX rates.
🌐Socials
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The Bitlocus CeDeFi solution is superior to those of traditional and other DeFi platforms. Investing FIAT into crypto and DeFi options has never been this easy, secure and low cost.
Simple user interface
Investing in DeFi is now simple. Bitlocus shortens the process to only a few steps for users. The user interface does not require any high-level technical skills or crypto knowledge.
Cost management
The cost when using our platform is significantly reduced. Bitlocus completely removes the fiat-to-crypto conversion fee and investing in DeFi protocols only costs a low fee of 0.5%
Mitigating the Risks
Our advanced protection system reduces investment risks associated with DeFi to almost zero. Bitlocus will protect users from Ponzi schemes, scams and abnormal FX rates.
🌐Socials
Twitter | Telegram Chat | Website | Medium
Enjoy my Hobby Community will be hosting an AMA with Bitlocus on the 8th of November, 12:00 noon UTC
🏚Venue For AMA ⤵️
@enjoymyhobbys
💰Reward Pool : 300$
Hear directly from the Bitlocus team what we have to offer to the Global Crypto Community.
Share Tweet
🌐Socials
Twitter | Telegram Chat | Website | Medium
🏚Venue For AMA ⤵️
@enjoymyhobbys
💰Reward Pool : 300$
Hear directly from the Bitlocus team what we have to offer to the Global Crypto Community.
Share Tweet
🌐Socials
Twitter | Telegram Chat | Website | Medium
Hello Community,
Bitlocus Meme Contest submission will officially come to a close today Nov 8, 2021 11:00am UTC.
🔥 If you or anyone else haven't participated yet, this is the best time to get that creative meme up. Don't forget to follow the instructions.
🔑 Any submission after the above time frame will be ignored and invalid.
Stay active to not miss the Finale announcements.🚀
Bitlocus Meme Contest submission will officially come to a close today Nov 8, 2021 11:00am UTC.
🔥 If you or anyone else haven't participated yet, this is the best time to get that creative meme up. Don't forget to follow the instructions.
🔑 Any submission after the above time frame will be ignored and invalid.
Stay active to not miss the Finale announcements.🚀
Integration of the Terra Blockchain with Bitlocus
Stablecoins are an integral part of the DeFi ecosystem, and their popularity matches some of the biggest cryptocurrencies available. But what if an entire blockchain was built around the idea of stablecoins? Terra blockchain’s core process precisely does that.
What is the Terra Blockchain Protocol?
Terra is a decentralized payment network based on blockchain. The concept was created by Terraform Labs, a Korean firm formed by Daniel Shin and Do Kwon, two well-known figures in the world of DeFi. The platform was created as a means to replace conventional payment systems with a single blockchain layer.
What Makes Terra Blockchain Ideal for Bitlocus?
✅ Algorithmic Backed Supply
✅ Reasonable Guaranteed Yield
✅ Strong Community
✅ Track Record of Mainstream Adoption
✅ Usability
✅ Fully Decentralized Track
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Stablecoins are an integral part of the DeFi ecosystem, and their popularity matches some of the biggest cryptocurrencies available. But what if an entire blockchain was built around the idea of stablecoins? Terra blockchain’s core process precisely does that.
What is the Terra Blockchain Protocol?
Terra is a decentralized payment network based on blockchain. The concept was created by Terraform Labs, a Korean firm formed by Daniel Shin and Do Kwon, two well-known figures in the world of DeFi. The platform was created as a means to replace conventional payment systems with a single blockchain layer.
What Makes Terra Blockchain Ideal for Bitlocus?
✅ Algorithmic Backed Supply
✅ Reasonable Guaranteed Yield
✅ Strong Community
✅ Track Record of Mainstream Adoption
✅ Usability
✅ Fully Decentralized Track
Read more | Share Tweet
🌐Socials
Twitter | Telegram Chat | Website | Medium