Recent market volatility has led to significant liquidations and financial losses for many traders. While futures trading promises rapid portfolio growth, it often comes with substantial risks, requiring both courage and trust in technical analysis (TA). However, futures trading hasn't been my forte despite my attempts.

Building a robust crypto portfolio doesn't have to entail high-risk ventures like futures trading. It took me some time to realize that there are alternative, almost risk-free methods to build a solid portfolio. Yet, the allure of quick gains in crypto often overshadows the patience required for these approaches.

Regardless of whether you're trading futures or spot, the market's unpredictability can lead to substantial losses, as evidenced by the recent downturn affecting BTC and most altcoins. Many traders were caught off guard, lacking sufficient USDT reserves for dollar-cost averaging (DCA) during price recoveries.

However, there's a silver lining. For those seeking to maximize profits while minimizing risks, products like launchpools, launchpads, or PoolX offer promising opportunities. Available on various top centralized exchanges (CEX), these products involve staking assets such as USDT, BGB, BNB, or OKB, depending on the exchange.

One thing I have realized is immediately an exchange announces either a launchpool or launchpad, the exchange token continues to surges because many users want to buy and participate to earn free token. So after the event, you get double rewards, you can decide to sell your newly acquired tokens and also sell the exchange token at a higher price. This process has helped me build a great bag. The ENA launchpool event that just ended on Bitget is a testament that participating in this kind of events are greatly rewarding.

Have you explored such opportunities before? Feel free to share your experiences.

I have a similar feeling as well, most people have been too dependent on binance to explore others exchanges perhaps the little challenges they face navigating the respective exchanges UI....After trying out a few exchanges, I realized Bitget has one of the best UI and their P2P is pretty good. I even got some BGB on my first P2P transaction

The exchanges you mentioned have a way of boycotting regulation which is why they mostly have issues...Binance have issues with many European countries including UK, Canada, Australia, Japan and many more..... When it comes to centralized exchanges, there are only a few that are regulatory compliant like Bitget and cryptocom

Some weeks back after the federal government and Binance issue rocked the Internet consequently leading to Binance suspending naira pair and delisting naira p2p from the exchange, some crypto exchanges like Bitget, Bybit, OKX and Kucoin were the largest beneficiary of the unfortunate incident as many users moved their assets especially USDT to this exchanges.

We all know how Binance has been holding it down for years giving users the satisfaction they desire and constantly coming up with innovation that enhances user experience. A friend of mine was complaining about Bybit P2P he recently used and had issues. His concern was that their customer support was quite unresponsive and it's been 2 days with the issue unresolved typically opposite of what was obtainable on Binance.

My question is what do you think this other top mentioned exchanges can do to make users no longer think of Binance? Do you think any exchange is making that move to cover up the space...let's discuss.

I am watching out for TAO and BGB. Already bought a decent bag.

I did saw one article sometimes ago about Bitget owning their own blockchain soon but i don't think its officially confirmed yet. If that comes to manifestation, BGB price will definitely skyrocket beyond the current performance just like what happened with Binance BNB

I actually wrote a post regarding this topic some days back. Personally, i think accepting crypto as means of payment or taxes is a welcome development as this shows more people are beginning to realize the importance of crypto in finance. Although, the success so far is still very minimal and with more countries showing similar support, it will get better over time but we did more people like Gracy Chen who has relentlessly be promoting adoption of web3, blockchain technology and cryptocurrency so as to easily gain widespread recognition beyond what we are currently witnessing

While on Twitter reading to be updated about recent development in the crypto space. I stumbled upon a post talking about exchange Q1 spot trading volume growth. I was expecting to see Binance at number 1 as usual but surprisingly they are in number 5 with less popular exchanges occupying number 1 to 4.

According to TokenInsight December 2023 publication about exchanges, Binance took the lead in both spot and derivative trading volume throughout the year but it seems the narrative is changing with Bitget, Bitmart and Bybit occupying the top 3 position based on spot trading growth in Q1 of 2024 according to the analysis

I would like to ask what you think is responsible for the trading volume growth of exchanges because all I could think of right now is perhaps the exchange user base or the number of trended token listed on the exchange

Once we get the 3rd country then it's game over as it will become a natural thing for other countries to easily adopt. But for now, i hope everything go on well with this two countries so that others can see reasons why BTC and crypto is the future of finance. Also we still need more individuals like Gracy Chen in the industry who has been at the core front of advocating for web3, blockchain and cryptocurrency adoption on a large scale. I think her effort combined with other top individual in the industry is gradually paying off but of course we still need to see more from them until crypto become global and no one is skeptical investing in it.

I quite agree with your submission. Binance has the highest liquidity among centralized exchanges hence the reason why BNB has gained so much and the price is high. Looking at the price of Bitget BGB which is still less than $1.5 with a good mcap of almost $2B with the exchange rated among top 10 exchanges according to coingecko, I have a feeling they might be like Binance in the near future looking at the giant stride the cex has been making in the last couple of years. What do you think?

Knowing the right exchange token to invest in is not a difficult task in my opinion. You just need to check the growth rate and the ecosystem development of the exchange, check the tokenomics of the coin and their use cases and check the integrity of the exchange over a period of time. Personally I have found BGB to be the next big exchange token in few years from now because the price is still very relatively low compared to other exchanges but with a significant market cap due to massive adoption rate. The exchange token according to tokenInsight publication in February has been the highest exchange token gainer in 2024 and was also second highest gainer in 2023 increasing from first to the last quarter despite the bear market at that time. So i think the exchange growth has also been playing massive role in the adoption of the token and with the current expansion into different part of the world, we might see BGB in the first top 20 cryptocurrency in few years to come.

Read through this interview by Gracy Chen (Bitget MD) with cointelegraph and you will see it's just a matter of time as Lugano in Switzerland now accept BTC as means of payment. Workers can also pay their taxes through it. https://cointelegraph.com/news/cryptos-role-daily-payments-beyond-lugano

I think some memecoin like DOGE, FLOKI, SHIB and PEPE that has good mcap are a little secure to invest in but the will certainly not bring the kind of profits new and emerging projects will bring. I have observed that once BTC start moving, this four memecoins also followed the trend. The recent memecoin project evolving from Solana ecosystem is been crazy but just like you rightly said, one should invest what they can afford to lose but unfortunately, most people are always optimistic that this new memecoin will make them rich. Sadly the victims of the dump is those that wait to buy from CEX. Most people already made money and take profit before some of this project make it to CEX.

For those still skeptical about cryptocurrency's role in the future of finance, recent developments underscore its growing significance as a payment system.

With major institutions and countries embracing BTC as a legitimate form of payment, the security of BTC holders' future is increasingly evident. Notably, global giants such as Google, Microsoft, and Wikipedia now facilitate transactions in crypto.

While El Salvador made headlines by legalizing BTC as a payment option, the recent decision in Lugano, Switzerland, allowing citizens and tourists to transact in BTC—including tax payments—signals further mainstream adoption. This news is undoubtedly welcomed by crypto enthusiasts, with hopes for more nations to follow suit. For further insights, refer to this article by Cointelegraph:
 https://cointelegraph.com/news/cryptos-role-daily-payments-beyond-lugano

If we are to consider the top 3 exchange tokens, Binance BNB, OKX OKB and Bitget BGB lead the race with BNB 5th, OKB 38th and BGB 61st according to coinmarketcap ranking.

Going by history, BNB was launched in July 2017 around $0.11 but reached an ATH of $686.31 on May 10, 2021 just after three years. Currently trading above $550, BNB has established itself as one of the top asset class to hold for many people coming into the crypto space. Can only imagine what to expect in this coming bullrun.

On the other hand, OKB was officially launched on March 2018 around $0.6 and have since witnessed remarkable growth reaching an ATH of $73.83 on March 13 2024 but currently trading around $56.63. That's quite impressive considering the listing price.

Lastly, BGB the native token of Bitget was launched on July 26 2021 at the rate of $0.05850. it gain adoption quickly and has been performing since then. The token has reached more than 15 new ATH from 2023 till date reaching multiple ATH in the last 24hrs. The current ATH stands at $1.37 but currently trading at $1.319. With a current mcap of almost $2B, the price is relatively low compared to the first two making it easily affordable to buy and hodl for future gains.

Although there are other exchange tokens that are also performing well but this three looks the best investment option looking at their respective ecosystem growth hence I feel they are good investment option with growth potential but I will like to hear your opinions. Do you HODL any of this tokens and what are your price expectation ahead of the upcoming bullrun.

I wouldn't agree that ONDO is not well known now if they are already in partnership with top institutional giants like Blackrock and Morgan Stanley. Perhaps you can read more about ONDO from this article:
  - https://www.bitget.com/academy/what-is-ondo

Blockchain technology has impacted a lot of industry including the crypto industry and it seems as days go by, more use cases will continue to emerge.

Tokenization of real world asset is another area the blockchain technology has significantly make a remarkable impact by allowing investors have assess to certain investment options that ordinarily would have been impossible.

We have seen a significant increase in adoption of RWA assets recently and project like Maplefinance, Pendle and most significantly ONDO finance among others have witnessed remarkable adoption and growth.

One key factor I think could have facilitated this speedy growth of ONDO is the range of tokenized products it offers such as OUSG ( exposure to US Treasuries) OMMF ( exposure to US money market fund) and USDY ( a yield bearing-alternatives to conventional stablecoins) allowing investors worldwide to access key US- based asset classes in a tokenized format

With partnership with institutional giant like Blackrock and Morgan Stanley, ONDO stands at the forefront of integrating real-world financial assets with blockchain technology by helping to bridge the gap between traditional finance (Tradefi) and decentralized finance (Defi)

Since January till date, ONDO token has surged by over 400% indicating massive adoption and transition to RWA by great number of investors. It's important to note that ONDO now ranked among the top 100 cryptocurrency enjoying #85 spot on CMC with a mcap exceeding $1.3B.

While BTC and major altcoins like ETH are still rallying to find support, it looks like funds are currently being diverted into the tokenized ecosystem. Study from Bitget academy also shows that there is a high demand for tokenized assets and the future looks really bright for investors. What are your thoughts about this emerging narrative? Share your thought.

Really! bypassing KYC, never heard of that really. However my emphasis is how to curtail the activities of some CEX CEO from running away with investors funds overnight. My thought is weather fully compliance to government regulation will help just like the traditional banking system....

Lending and borrowing of crypto assets has become an integral part of Defi over the last few years however, most of the platforms are faced with one issue or the other.

One of the major concerns especially from the borrowers has been the issue of over- collateralized loans with on-chain asset but am excited to announce to you all that this challenges has been taken care of by Goldfinch.

One of the unique standing point of Goldfinch is its unique credit model "trust through consensus" that evaluates borrowers creditworthiness based on their past behavior. In addition to this unprecedented approach, Goldfinch also accept off-chain assets and income as collateral marking a departure from the crypto lending norm.

With over $100M loans facilitated as far back as April 2023, Goldfinch has gained the heart of many crypto lovers and the company currently operates in over 28 countries including the U.S. A, Brazil, Mexico Asia, Nigeria and several others with goal of expanding to over 100 countries.

With Goldfinch, the issue of funding delays, Gatekeepers as evident in the traditional banks is eliminated giving users assess to the needed resources when it matters most. Similarly, LP enjoy an amazing passive income while borrowers enjoy incredible flexibility on their borrowed assets.

The native token of the Goldfinch GFI has witnessed incredible growth with potential to reach an unprecedented height as adoption continues to be on the rise. GFI has seen over 226% surge in the last 30 days with TVL exceeding $500M. The recent listing on other top CEX like Bitget indicates the demand and interest in the token which could further propel it to a new height.

With GFI use cases, I think it's a matter of time before the traditional bank losses its value especially with bogus interest rates charged for borrowing. Am super excited about Goldfinch growth and hope they keep the momentum going. What are your thoughts? Let's have your take.

If not DEX, then I think there is no way we can completely eradicate the issue of fraud from CEX except if they are in total compliance to government authorities. Most of us don't like that right? I know the answer is yes but for how long shall will continue to hear same stories once every two years or less.

Many of us are always fighting against SEC but I think it's high time we look at the positive side of the organization though I personally dislike Gary Gensler.

Few days ago, the issue of Kucoin was circulating about some of the exchange executive involvement in money laundering act, if not for SEC, perhaps we could be talking of another FTX right now which could have impacted the market negatively considering the size of Kucoin in the market. Anyways, am glad SBF has been sentenced and I hope this serves as deterrent to other crypto exchange executive but the question is should we leave our fate in the hands of this individuals. DEX on the other hand is not a soft landing as well due to its inherent nature and risk involvement.

Perhaps the reason I have a feeling all exchanges should be regulated. On the second thought, considering Nigerian government demanding for details of top traders from Binance due to the fiasco between the two, is it really safe for users as well? So many questions popping up in my head. Do you think we can get to a point where we can say an exchange has spent over 10 to 20 years without any drama. Do you see this possibility? Let's discuss