December 18, 2024

CryptoInfoNet

Cryptocurrency News

Revolutionary Crypto Exchange Without KYC Verification Draws Investor Interest

A groundbreaking no KYC crypto exchange attracts investors

ADVERTISEMENT*

Centralized exchanges are not only known for harvesting user information but also endangering crypto assets, as the FTX collapse has tragically revealed. These platforms also impose hefty transaction fees on trades.

The game-changing platform from Lunex (LNEX) introduces a no KYC-required crypto exchange. By leveraging a non-custodial, chain-agnostic protocol, it offers a comprehensive Web3 environment for users. In this decentralized application (dApp) on Ethereum’s network, users can trade across over 50,000 currency pairs from multiple blockchains while enjoying minimal fees.

Facing a downturn, PEPE and Ethereum investors are pivoting to the Lunex Network for reduced trading costs, without sacrificing control over their digital assets and security keys.

Challenges to Ethereum’s recent upward trend

ETH revisited the $2.1k area in September, a pivotal point throughout the week where it rebounded after the August crypto downturn. Due to strong buying pressure, ETH enjoyed a three-week rise, contributing to a bullish sentiment in the broader crypto market.

The momentum propelled ETH beyond the $2.7k barrier, spurring predictions of a breach above $3k, especially after a two-month period of stagnation. However, geopolitical tension from Iran’s missile strike in Israel halted the progression of cryptocurrencies.

At the time of writing, ETH has dropped to daily support around the $2.4k mark and may potentially decline further amidst the ongoing Middle East tensions.

Future outlook of PEPE’s price rally in October

After reaching $0.00001725 in May, PEPE saw its value fall, leading to a consolidation period during August. But September brought a stark reversal, with PEPE soaring 89% to $0.00001197, erasing the losses from the previous month. Despite September’s downturn in the crypto market, PEPE managed to maintain a 29% monthly gain.

Can PepeCoin defy market trends? While meme coins like PEPE can offer quick, substantial profits due to speculation, they often struggle to sustain their value long-term.

As the market stands, PEPE’s price is on a downward trajectory, currently at $0.0000096, possibly signaling investors and large holders are looking elsewhere for growth.

Rising Interest in Lunex (LNEX) as a KYC-Free Crypto Exchange

Lunex Network (LNEX) has quickly attracted investors’ attention following its presale debut. Significant acquisitions by whales, including over 400 million LNEX tokens, propelled the token’s ICO to exceed $511k in its second stage within days.

Early adopters are already seeing returns as the token’s value rose close to 10%, reaching $0.0013 from a base price of $0.0012.

What’s drawing interest? Lunex’s decentralized framework empowers users, providing them with a custody-free and KYC-free trading environment. The platform’s protocol facilitates seamless trading of more than 50,000 crypto pairs across 40+ blockchains.

In addition, those staking their LNEX on Lunex receive up to a 18% APY, a share of platform revenues, enhancing their investment returns.

With a robust, multi-blockchain exchange, instant liquidity, and open ecosystem, Lunex Network is fast positioning as the potential 100x token by 2025!

For further information on Lunex Network (LNEX), visit:

Website: https://lunexnetwork.com

Social Media: https://linktr.ee/lunexnetwork

*This piece is a sponsored advertisement. Cryptonomist did not author this content nor have they evaluated the platform mentioned.

Source link

#groundbreaking #KYC #crypto #exchange #attracts #investors

Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © All rights reserved. | Newsphere by AF themes.