Can Referral Bonuses Help Privatixy Be A Favourable Crypto Compared to UNUS SED LEO Or FTX?

There is no doubt that digital technologies have reshaped our world. People now have a multitude of communication and self-enjoyment applications available online. Blockchain is another one of these innovative digital technologies, and it has paved the way for many inventions, one of which is called cryptocurrency.

It was introduced to the public in 2009 by "Satoshi Nakamoto" who invented the first cryptocurrency called Bitcoin. Since then, thousands of other cryptocurrencies have appeared. Cryptocurrency is decentralized digital money based on blockchain which is a distributed ledger used to record transactions in code.

However, trading in crypto is not as simple as it sounds since it is a volatile market. The recent crash in the crypto market is an example of the risk involved in crypto trading.

Bitcoin (BTC), one of the most popular currencies on this market, experienced its worst crash in 2022 with its price being reduced to $20,000 from its peak of $68,000, making it the worst month in Bitcoin history since 2011.

Privatixy (PXP) – Protecting Crypto Users From Danger

The evolution of advanced computing has made large-scale data collection and storage processes easier but ensuring the privacy of users' data is still a major issue. Cyber-threat is a significant issue faced by most organizations that handle large amounts of data.

Privatixy is an open-source protocol aiming to provide a variety of solutions to preserve privacy while emphasizing the adoption of decentralized technology. Privatixy also offers Smart contracts with well-vetted encryption systems as opposed to other platforms with lax privacy and security.

In addition, it also ensures a seamless and scalable platform experience by providing integrated scaling solutions. Web3 technologies are also implemented in its ecosystem to allow multi-chain interoperability.

The native Privatixy token is called PXP which can be bought from exchanges. Implementation of the Privatixy protocol DAO will allow token holders to have a say on the governance of Privatixy.

UNUS SED LEO (LEO) – Optimising Profits For Consumers

UNUS SED LEO (LEO) is the name given to a utility token used across the iFinex ecosystem. The job of this token is to allow Bitfinex users to get a discount on trading fees. This discount percentage is dependent on the amount of LEO any customer has in their account.

The main feature of this LEO token is that it will not last forever since it is based on a buyback and burn mechanism which means that all the initial and maximum supply of the token will be bought back and burned by the iFinex company.

In addition to being a discount token, it also serves as the marketplace token for all iFinex products. It exists on two blockchain platforms called the Ethereum and EOS blockchains, and both these blockchains are smart contracts enabled.

FTX Token (FTT) – Increasingly Successful Ecosystem

Some of the most successful traders created the FTX platform to solve problems on other exchanges. FTX has claimed to be better than other platforms due to its Clawback prevention feature, a centralized collateral pool with a stablecoin settlement. Moreover, FTX has also been able to reduce socialized losses using its three-tier liquidation model.

Considering how successful launching a token has been for many centralized exchanges, FTX also launched its native token, the FTT. This native token serves as the backbone of the whole ecosystem and was designed to increase the network effects and demands. The circulating supply of FTT tokens currently stands at about 166 million from a total supply of around 337 million.

What To Consider Before Buying

Cryptocurrency is undeniably the future of our digital world, with so many different options to choose from nowadays. Crypto-based platforms like FTX and UNUS SED LEO are making the lives of all traders easier by improving their platforms and removing limitations by adding new and better features.

Moreover, new protocols focused on solving major issues are also in development such as the Privatixy protocol which aims to preserve privacy by offering a wide range of solutions. In addition, bonuses have also been included to gather an even bigger community of investors and developers.

People buying Privatixy tokens using ETH will receive 10% more tokens as a bonus and buying using BTC will grant an even better 15% bonus. Moreover, referring a friend will also grant a bonus amount to both the investor and that friend. In the case of Privatixy, spending $100 will allow the investor and his