What Is the Most Crypto-Friendly Travel Destination? 1924

Backed with continuing adoption, crypto holidays have become a reality. At this point, flights and hotels all around the world can be booked with Bitcoin (BTC). Still, some cities are more ready to accept your BTC — and major altcoins — than others, depending on the local infrastructure and crypto-related policies.

According to data from Coinmap, currently there are around 13,150 venues, shops and ATM ssupporting Bitcoin on the planet, and that number has been unhesitatingly growing since late 2013.

Coinmap

However, as Gili Gershonok, a crypto nomad who deliberately chooses not to have a bank account, ignoring fiat money while travelling becomes more difficult, as all of the crypto prepaid cards she heavily relied on were canceled in early 2018.

“I feel like more and more barriers are being set against folks who dare to have a lifestyle that’s off the financial grid… The process of going crypto-to-cash is getting more complicated, especially for those who prefer to keep their privacy and avoid high fees — both highly prioritized values across the crypto community.”

All of that being said, Gershonok reassured that traveling with BTC is still possible, drawing a parallel between crypto and casual tourists:

“I don’t think there’s a huge difference in the financial behaviors of [the two]. In Prague, I mostly keep to cash, which I can easily withdraw out of one of many crypto ATMs across the city. I try to find crypto payment options for online transactions and as the cliché goes, for everything else — there’s plastic.”

Gershonok advises those who want to try traveling fiat-free for themselves to start with their current location, and keep security in mind:

“Go crypto for a week in your hometown and see what questions and challenges you come across. It would also be advisable to consider some security scenarios, like, what you would do if your phone, laptop, luggage are lost or stolen — and have contingencies in place.”

As the end of the summer nears, here are some of the most crypto-friendly destinations that might be worth trying.

Previous ArticleNext Article

Leave a Reply

Cwallet & Microcosm Labs Deepen Ties to Empower TON Growth 9156

The TON ecosystem is experiencing a surge in popularity, with its total value locked (TVL) reaching an impressive $407 million. Cwallet, a long-time supporter of the TON blockchain, is at the forefront of this innovation. Their deep partnership with Microcosm Labs and the success of their Lucky Box initiative solidifies Cwallet’s position as a leader in the TON landscape.

The success of the Lucky Box campaign in lash month extends beyond the initial program. Building on this momentum, Cwallet plans to integrate its versatile Lucky Box tool into a broader range of TON SocialFi and GameFi projects, injecting new dynamics and innovative gameplay into the ecosystem. This will further propel the growth of the TON ecosystem by fostering deeper engagement within these projects.

The Lucky Box campaign, a joint effort between Cwallet and Microcosm Labs, was a resounding success. Over 13,920 participants created Lucky Boxes, generating a staggering 160,000 redemptions. This initiative effectively promoted Cwallet’s capabilities and highlighted the TON ecosystem’s immense potential.

Cwallet’s commitment to the TON ecosystem goes even further. They intend to collaborate with TONUP, Microcosm Labs’ LaunchPad platform, leveraging their Lucky Box tools and expertise to boost engagement within TONUP’s diverse projects, such as PIG OF TON, MOMO AI, and BOOM UP.

As an early supporter of the TON blockchain, Cwallet has consistently championed the ecosystem’s development, and trusted by millions of users worldwide. Cwallet’s focus on security, usability, and rich functionality has brought a wealth of possibilities to the TON landscape.

Looking ahead, Cwallet is committed to deepening its partnership with Microcosm Labs, utilizing the “Move to TON Grants” program to develop innovative features and engaging activities. This dedication will further enrich the TON ecosystem while providing users an unparalleled experience. Cwallet remains a driving force behind the evolution and success of the TON ecosystem, explore their latest campaign now!

About Cwallet

Cwallet is a secure and versatile cryptocurrency wallet that supports over 50 blockchain networks and 800+ cryptocurrencies. Focusing on user experience and innovation, Cwallet provides a seamless and safe platform to manage their digital assets. The company’s commitment to collaboration and early integration with the TON blockchain has made it a leading player in the TON ecosystem.

HashKey Global Launches 2nd HashKey Launchpool: Earn ATH Tokens by Locking ATH & USDT 8598

HashKey Global will launch the second phase of the Launchpool project, Aethir (ATH), on June 11, 2024. Users can lock ATH or USDT to share a pool of 5,870,000 ATH. The locking period is 3 days, starting on June 11 at 02:00 (UTC), with rewards beginning to accrue on June 12 at 10:00 (UTC). Spot trading for ATH/USDT will commence on June 12 at 10:00 (UTC), and ATH withdrawals will be available starting June 13 at 10:00 (UTC). Participation requires KYC verification, and both deposits and withdrawals will be conducted via the ERC20 network.

The Launchpool offers two supported pools: ATH Pool and USDT Pool. The ATH Pool provides 1,837,000 ATH in rewards with a minimum locking amount of 100 ATH and a maximum of 260,000 ATH. The USDT Pool offers 4,033,000 ATH in rewards, requiring a minimum of 10 USDT and a maximum of 5,000 USDT. The Launchpool period runs from June 12, 2024, to June 15, 2024.

About HashKey Global

HashKey Global is the flagship global digital asset exchange under HashKey Group, offering licensed digital asset trading services to users worldwide. HashKey Global has obtained a license from the Bermuda Monetary Authority with the potential to provide mainstream trading and service products such as LaunchPad, contracts, leverage, and staking.

For more details, please visit global.hashkey.com

XiraBot: Revolutionizing Trading with Dynamic Capabilities, Seamless Chat, and Inspiring Visual Generation 9381

XiraBot is set to transform the trading landscape with its groundbreaking technology, merging dynamic trading capabilities, seamless chat integration, and inspiring visual generation across multiple platforms. This press release provides an overview of XiraBot’s innovative features and functionalities, designed to empower traders, facilitate communication, and enhance the trading experience like never before.

Empowering Traders with Dynamic Trading

XiraBot equips traders with an array of powerful tools to execute trades with precision and efficiency. By leveraging advanced algorithms and real-time market data, XiraBot enables users to analyze market trends, identify profitable opportunities, and execute trades confidently. Whether dealing in stocks, cryptocurrencies, or forex, XiraBot empowers traders to stay ahead of the curve and capitalize on market fluctuations.

Enhancing Communication with Seamless Chat Integration

XiraBot’s advanced chat functionality allows users to engage in meaningful conversations and receive instant assistance from Xira AI. Whether users have questions, need advice, or want to connect with fellow traders, XiraBot provides intelligent responses and support. This feature enhances communication and fosters a sense of community among users, making the trading experience more collaborative and supportive.

Revolutionizing Visual Content with Effortless Generation

XiraBot sets a new standard in visual content creation with its effortless visual generation capabilities. Users can describe the image they envision and watch as Xira brings it to life with precision and creativity. From presentations to social media posts, XiraBot enhances visual storytelling across multiple platforms, allowing users to captivate their audience with stunning visuals effortlessly generated by AI.

XiraBot Token Presale Details

  • Token Name: XiraBot Token
  • Token Symbol: XIRA
  • Token Supply: 10 Million

Presale Allocation:

  • Presale Allocation: 44.6% (4.46 Million Tokens)
  • Liquidity Pool Allocation: 25.422% (2.5422 Million Tokens)
  • Ecosystem Development Fund: 29.978% (2.9978 Million Tokens)
  • Total Tax: 0%

For more information about XiraBot, its revolutionary features, and the upcoming token presale, please visit our website or join our community on Telegram and Twitter.

Website: https://www.xirabot.com/
Telegram: https://t.me/TheXiraBot
Twitter: https://x.com/TheXiraBot

Fund Your Gnosis Pay Card Using Bitcoin 10063

The Kinetex team is thrilled to announce its integration with Gnosis Pay, the world’s first on-chain self-custodial account that connects the traditional payment rails to Web3 rails.

This collaboration provides a straightforward and fast way to top up balances from Bitcoin, Ethereum, and other EVM-compatible tokens by swapping them to EURe via Kinetex’s Flash Trade. It enables users to fund the Gnosis Pay account seamlessly and, in turn, be able to spend their on-chain assets at any Visa merchant worldwide.

Kinetex’s Flash Trade is an intent-based trading protocol that leverages the power of ZK technology to ensure a seamless cross-chain trading experience. One of the most revolutionary features of Kinetex is its support for Bitcoin. By introducing BTCX, a ZK light client built with Succinct Labs’ infrastructure for programmable truth specifically for Bitcoin, the team was able to connect the first cryptocurrency to the ever-growing DeFi ecosystem.

Swapping via Flash Trade is instant, secure, and cost-effective thanks to the advanced ZK technology. This technology enables users to carry out transactions without the need for intermediaries, centralized validators, or complex smart contracts. The process is streamlined by implementing an intent-based approach that connects traders and market makers, making the latter responsible for ensuring liquidity, fast execution times, and low costs.

The integration between Kinetex and Gnosis Pay is set to change how crypto owners can use their assets, empowering them to spend crypto funds in their everyday lives. Together, Kinetex and Gnosis Pay contribute to accelerating both the mainstream adoption of crypto as a means of payment and the maturing of the DeFi industry.

About Kinetex

The integration of Bitcoin into the DeFi ecosystem marks a monumental development for the cryptocurrency industry. As the pioneer and most valuable cryptocurrency, Bitcoin has long been seen as a store of value. However, with the rise of DeFi, Bitcoin’s potential for use in financial applications has soared. In this transformative landscape, Kinetex is leading the way, expanding Bitcoin’s use cases and acting as a bridge between orthodox finance and the new world of DeFi, thus unlocking its full potential.

Contributors to Kinetex Network are actively working on broadening the list of supported networks. Their goal is to encompass over a dozen networks, including popular L1 ones like Bitcoin, Solana, Aptos, Sui, BounceBit, and Berachain. They are also in the process of connecting various L2 Ethereum networks, including ZkSync, Linea, Base, Scroll, and Blast. As for L2 Bitcoin networks, Merlin, Rootstock, Bitlayer, and others will be integrated soon. By increasing the number of networks users can access, Kinetex is breaking down the barriers between different chains, uniting the blockchain ecosystem and thereby significantly enhancing the global crypto user experience.

EthosX Launches New Perpetual Options Product 9799

EthosX is excited to announce the launch of its new Perpetual Options product being launched in partnership with kanalabs.io on their front end. Called OPerps, it aims to be one of the most accessible and efficient ways to enhance returns by using knowledge about short-term market events.

The product aims to help users leverage their market predictions to generate consistent income and maximize returns.

OPerps is a decentralized platform for short-term options trading. It harnesses the power of blockchain technology to enable efficient and transparent options trading, which happens via a user-friendly interface designed to empower those new to derivatives.

OPerps lets users trade tokenized (ERC-20) options that never expire but settle every few minutes/hours. These perpetual options solve the problem of cascading liquidations found in traditional perpetual futures.

Furthermore, offering them in a decentralized, tokenized format allows for continuous trading opportunities while enhancing security and flexibility on the platform.

OPerps Opportunities

OPerps aims to maximize the trading potential of investors by giving them opportunities to profit from sudden market movements. This can happen through two avenues; Long Call OPerps and Long Put OPerps.

Investors can engage in trading Long Call and Long Put OPerps to capitalize on market movements. Long Call OPerps profit from rising markets, while Long Put OPerps benefit from downtrends. Conversely, Short OPerps allow users to potentially earn premiums from Long OPerps token holders, with Short Call OPerps profiting in falling markets and Short Put OPerps in rising markets.

OPerps live options positions aren’t restricted to the platform. A live options transfer feature allows users to move their live option positions to other wallets and protocols for added convenience.

As part of the trading experience, the new platform gives users more leverage and APY choices. Traders can choose between high leverage (up to 1000x on BTC/ETH) or high APYs (triple-digit returns).

OPerps includes features to limit losses and avoid sudden liquidations, providing a safer trading environment.

OPerps is a rare innovation in the history of capital markets that leverages the structure of decentralized finance (DeFi) to give traders the ability to transfer live options positions to anyone anywhere in the market. The platform offers different operational modes: Normal mode on Binance Smart Chain (BSC) and DEGEN mode on Arbitrum for varied trading experiences.

OPerps uses data from the Pyth network for prices of options underlyings (BTC & ETH for now). Pyth’s real-time data feed makes the Degen mode possible.

About EthosX

EthosX is a protocol for trading high-value vanilla/exotic derivatives without going through banks, brokers, and other intermediaries. It provides a platform for investors to trade directly with one another with minimal counterparty and minimize settlement risks.

The platform is designed from both crypto and traditional asset classes. But whether a user is trading cryptocurrency options or TradFi derivatives, clearing and settlement are done in an automated and decentralized smart contract-based clearinghouse for capital-efficient trading.

Meet TON-Margined trading at Storm Trade 10738

Storm Trade is the first decentralised derivatives trading platform on Telegram, built on the TON blockchain and allowing trading with leverage up to x50. Keeping up with the times and providing all the best technologies to its users, Storm is releasing a major update – TON-Margin, which will change the way you trade!

What is TON-Margin?

Many perpetual platforms, including Storm Trade, typically trade in stablecoins. However, TON-Margin opens the door to trading using TON as collateral. This gives traders more flexibility, variety and the ability to profit from even small price changes. And of course it brings the TON blockchain closer to true mass-adoption.

Since January 2024, 2 trading pairs to TON have been available on Storm Trade: TON/USD-CM and 1mNOT-F/TON, which showed great popularity among the exchange’s traders. Today, 10 trading pairs to TON are available on Storm Trade, and TON/USD-CM remains the most popular of them.

TON-M provides new opportunities, combining both risks and benefits. The main advantages of futures with TON to provide are:

  • Choice of asset to trade and expanded trading opportunities,
  • The ability to trade without selling TON for stablecoins,
  • Non-linear payout structure and increased profits even on small price movements,
  • Hedging of risk even in a falling market.

The main disadvantage of futures with TON in collateral is the rapid reduction of collateral when volatility is high.

The emergence of TON as collateral and the opening of new trading pairs is a great event for the entire TON ecosystem because it opens up almost limitless earning opportunities for holders, stakers and TON traders.

TON-Margined futures are an excellent tool for increasing trading income, protecting against losses in a falling market and diversifying your trading strategies. Trading only TON, on the TON blockchain, and using TON as a commission payment, on par with listing Notcoin on major exchanges, makes TON fully ready for the wave of new users that should inevitably happen in the near future.

Don’t forget about risk management, trade with an amount of funds that is convenient for you, learn new things and expand your trading experience with Storm Trade!