Blum, a new hybrid crypto exchange, aims to transform the trading experience in emerging markets. Scheduled for launch as a mini-app on the Telegram platform, it promises to merge the best of centralized and decentralized exchanges.
What is Blum?
Blum is an innovative hybrid crypto exchange launched as a mini-app on Telegram. It addresses the growing need for making crypto assets more accessible to millions of Telegram users by combining the functionalities of both centralized and decentralized exchanges. Blum offers one-stop solutions for over 30 blockchain networks, including Ethereum, Solana, Binance Smart Chain, and TON, making it particularly appealing to Gen Z investors.
Features of Blum
Blum boasts a robust set of features that streamline the trading process, making it more accessible and user-friendly: - **Hybrid Model**: Blum combines an off-chain order book with on-chain settlements, offering users the choice of self-custody or multi-party computation (MPC). - **Universal Token Access**: Blum automatically lists tokens with sufficient liquidity across various exchanges and protocols. - **Trading via Telegram**: In addition to its mobile app, Blum provides a trading experience through a Telegram mini-app, making trading more accessible. - **Simple Derivatives**: Blum offers user-friendly derivatives trading, including perpetual futures and options on NFTs and pre-market tokens. - **P2P Fiat Trading**: Blum facilitates P2P fiat trading, with a focus on local currencies and merchant integrations. - **Seamless Trading Across Networks**: Blum allows trading across multiple networks without switching wallets or navigating complex interfaces.
Blum Points and Airdrop
Blum offers a unique Blum Points system, allowing users to earn rewards for engaging with the platform. These points can be accumulated via the Telegram mini-app and potentially converted into other rewards or perks. While the exact details of the Blum airdrop are yet to be officially announced, it is expected to be launched in the coming months. The airdrop could offer early users who have accumulated Blum Points the opportunity to benefit from future token distributions.
Blum aims to transform the trading experience in emerging markets by offering a hybrid exchange with broad functionalities and easy access via Telegram. As the Blum Points program kicks off and the potential for an airdrop looms, the platform is garnering attention and offering new opportunities for active users.
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