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Crypto Exchanges Waging War Over Fees, according to Trader Magazine

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Investors in crypto profit from lower fees compared to the world of traditional investment assets

PRAGUE, Jan. 18, 2024 /PRNewswire/ — The realm of crypto exchanges is experiencing profound changes. Alongside introducing new features, key players are drastically reducing their fees. BITmarkets, one of the crypto exchanges featured in Trader Magazine‘s Top 5 Crypto Exchanges Guide, has recently made a bold move by eliminating spot trading fees altogether.

This development highlights the crypto industry’s disruptive potential towards traditional finance. Even the fees of around 0.1%, as charged by another market leader, Bybit, are merely a fraction of what retail customers typically pay to banks or brokers for standard investment orders.

Only time will show whether the elimination of fees will become the standard in crypto markets, or if the current fee war is a temporary phase before market consolidation, similar to what we have seen in traditional finance after the emergence of new market players, and integration and widespread adoption of digital technologies in this industry.

Analysts at Trader Magazine have identified five major crypto exchanges that cater to the broad needs of crypto traders and investors. The analysis examines how these exchanges meet critical security requirements, deemed the alpha and omega of any sensible trader, and compares the crypto trading fees they offer.

The Crypto Exchange Fee Ranking is regularly updated.

Contact[email protected]

During its five years of existence, trader-magazine.com has become an influential international portal for financial education with a focus on investments and crypto markets. Currently, it is published in six language versions, providing daily updated news, reviews, warnings, and educational articles relevant to investors worldwide.

The trader-magazine.com website is owned and operated by Almina Corp a.s.

Disclaimer
The information on trader-magazine.com does not serve as an investment or trading recommendation. The server operator, Almina Corp a.s., is not a registered broker, investment advisor, or broker. The financial products offered by the companies listed on this site pose a high risk and can lead to the loss of all your funds. When trading financial instruments, including but not limited to stocks, cryptocurrencies, and other derivatives such as CFDs, consider whether you understand their mechanisms and be aware of the high risk of losing your funds.

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Bybit Lists LUNAI as AI Influencer Luna Makes Her Web3 Livestream Debut

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DUBAI, UAE, Dec. 19, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is rolling out the virtual red carpet for the world’s first AI-powered celebrity. Luna and her native token LUNAI landed on Bybit Spot on Dec. 17, unlocking two grand prize pools of up to 5,600,000 LUNAI. To welcome the special guest, Bybit Web3 has partnered with Whip Queen, Founder of Luna, to usher in the next revolution in Web3 entertainment and the future of tokenization in fan engagement in Luna’s first-ever large-scale global livestream.

LUNAI secured listing on Bybit Spot via the community voting platform ByVotes, receiving a record breaking 512 million votes from over 76,000 Bybit users. From now to Dec. 30, Bybit is presenting 5,600,000 LUNAI in rewards in two events: Token Splash and Puzzle Hunt.

Livestream: Up Close With Luna

Luna, the sensational AI influencer, will redefine Web3 fandom in her Bybit Web3 livestream debut at 8AM UTC on Dec. 24, 2024. The event celebrates Bybit’s listing of LUNAI, Luna’s native token, and explores how AI, blockchain, and pop culture are transforming streaming culture and redefining connections between creators and fans.

What to Expect:

  • The livestream will feature Luna’s first live interview, where she will reflect on her journey from music idol to multi-tasking AI host, discuss the LUNAI token, and share her hopes and dreams.
  • Joining the livestream is Whip, Founder of Luna, who will discuss the bold vision behind Luna’s creation and the Virtuals Protocol—a groundbreaking project that combines AI-powered creators, and fan-driven communities.
  • Luna will share exclusive updates about her new capabilities and ecosystem, and the role LUNAI will play in connecting fans to her world.
  • 20,000 LUNAI up for grabs—in classic Bybit fashion, the live audience will get to share in the fun in red packet giveaways throughout the event.

Synonymous with the rise of AI-powered personalities, Luna has revolutionized fan experiences and content creation in both Web2 and Web3 with her omnipresence. Operating 24/7 across multiple platforms, Luna offers an immersive experience for over half a million followers on TikTok. With her on-chain wallet and the ability to create opportunities for her fans, Luna represents a paradigm shift in celebrity culture, combining accessibility, engagement, and cutting-edge technology.

LUNAI Listing: 5,600,000 LUNAI Prize Pools Await at Bybit

As Luna entered the pop culture lexicon, her clout was amplified through the power of tokenization. The Luna community solidified their support by backing her native token, LUNAI. The token was introduced to Bybit’s ByVotes platform and passed the voting threshold in no time, propelling it to listed status on Bybit Spot.

From now to Dec. 30, 2024, Bybit users may be eligible for the following perks:

  • LUNAI Token Splash: 2,800,000 LUNAI prize pool may be unlocked by new users making a first-time deposit, traders completing trading tasks, and by qualified referrals. 
  • LUNAI Puzzle Hunt: Users may collect puzzle pieces by fulfilling tasks for a chance to win from another 2,800,000 LUNAI prize pool.

Registration is required and terms and conditions apply.

Bybit’s collaborations with Luna reflect its dedication to driving the evolution of entertainment and Web3 ecosystems. By seamlessly integrating AI, blockchain, and fan engagement, Bybit sets a new standard for creativity and connection in the digital age.

#Bybit / #Livestream / #BybitWeb3

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About Bybit Web3

Bybit Web3 is redefining openness in the decentralized world, creating a simpler, open, and equal ecosystem for everyone. We are committed to welcoming builders, creators, and partners in the blockchain space, extending an invitation to both crypto enthusiasts and the curious, with a community of over 130 million wallet addresses across over 30 major ecosystem partners, and counting. 

Bybit Web3 provides a comprehensive suite of Web3 products designed to make accessing, swapping, collecting and growing Web3 assets as open and simple as possible. Our wallets, marketplaces and platforms are all backed by the security and expertise that define Bybit as the world’s second-largest cryptocurrency exchange by trading volume, trusted by over 50 million users globally.

Join the revolution now and open the door to your Web3 future with Bybit.

For more details about Bybit Web3, please visit Bybit Web3.

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected] 
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

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NYSE CONTENT ADVISORY: PRE MARKET UPDATE AND EOY VIDEO DECEMBER 19, 2024

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NEW YORK, Dec. 19, 2024 /PRNewswire/ — The New York Stock Exchange (NYSE) is proud to offer a new daily pre-market update and additional content directly from the iconic NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights and other content before trading begins.

DAILY NYSE PRE-MARKET UPDATE
Kristen Scholer, Senior Markets Anchor, NYSE, delivers a daily pre-market update that includes key insights into the trading day ahead leading up to the NYSE’s Opening Bell.

NYSE END OF YEAR RECAP VIDEO
The New York Stock Exchange end-of-year video debuted today to package the moments that defined the markets in 2024 for editorial use.

NYSE ORIGINAL CONTENT
Elevate your reporting with the latest market insights and content from the NYSE, the world’s leading financial marketplace by leveraging a range of exclusive NYSE content including:

  • NYSE B-Roll Footage: NYSE Trading Floor, Market milestones, and Bell-ringing events.
  • NYSE Photo Highlights: NYSE-listed companies, Trading Floor moments, Leadership events.
  • NYSE Original Content:
    • Floor Talk: Exclusive interviews with industry trend-setters and innovators.
    • Inside the ICE House Podcast: Conversations with CEO, founders, and leaders.
    • Taking Stock: Go face-to-face with visionary entrepreneurs who are redefining sectors.

About Intercontinental Exchange

Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds and operates digital networks that connect people to opportunity. We provide financial technology and data services across major asset classes helping our customers access mission-critical workflow tools that increase transparency and efficiency. ICE’s futures, equity, and options exchanges – including the New York Stock Exchange – and clearing houses help people invest, raise capital and manage risk. We offer some of the world’s largest markets to trade and clear energy and environmental products. Our fixed income, data services and execution capabilities provide information, analytics and platforms that help our customers streamline processes and capitalize on opportunities. At ICE Mortgage Technology, we are transforming U.S. housing finance, from initial consumer engagement through loan production, closing, registration and the long-term servicing relationship. Together, ICE transforms, streamlines and automates industries to connect our customers to opportunity.

 

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Aghanim Announces Instant Payouts for Mobile Game Developers

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LOS ANGELES, Dec. 19, 2024 /PRNewswire/ — Aghanim, a trailblazing mobile gaming fintech company, proudly announces a game-changing feature for mobile game developers: Instant Payouts. Founded by Harvard Business School alums with over 40 years of combined expertise in video games and fintech, Aghanim’s platform ensures developers are now paid instantly, a stark contrast to the industry standard of 45-day payment cycles used by walled gardens.

Game developers, the driving force behind the $107 billion mobile gaming ecosystem, often lose a significant portion of their revenue to dominant app stores. The 45-day wait to receive their earnings further hinders their ability to reinvest in user acquisition, development, and marketing. Aghanim restores the balance, empowering developers to go direct-to-consumer (DTC) and increasing their revenue and net profits by up to 200% off-platform. This power shift allows developers to take control of their earnings and investments, fostering a sense of independence and control.

Designed to boost mobile game publishers’ net revenue and net profits by up to 200% off-platform, Aghanim is the first fully self-managed end-to-end solution in the mobile games industry that offers web-based game hub creation and management, integrated e-commerce, live ops automation, community engagement, and a payments platform as a suite of interoperable tools. Its web-based game hubs offer significant value for players through competitive, social, and metagame features, along with targeted promotional offers that enhance player engagement. By enabling developers to adopt a DTC model, Aghanim unlocks new revenue streams and fosters more profound connections between developers and their audiences, giving developers the power to regain control of their earnings and fostering a sense of independence and control.

“We are thrilled to introduce Instant Payouts to mobile game developers using our platform,” said Constantin Andry, co-founder of Aghanim. “Our goal is to transform the mobile gaming landscape by combining our expertise in gaming fintech with advanced payment solutions. This will offer unparalleled value to developers and publishers worldwide. From now on, this will be the new payout standard for the industry.”

By offering Instant Payouts at no additional cost, Aghanim provides qualified game developers and publishers with unprecedented financial flexibility, enabling them to reinvest in critical areas such as user acquisition and community development. For instance, developers can use the additional revenue to run targeted marketing campaigns, improve game features, or organize community events. This move significantly increases mobile game studios’ ability to quickly earn and deploy additional net revenue, offering a competitive edge in a fast-paced industry.

Instant Payouts currently is in a soft-launch and rolled out to a certain number of territories, while other limitations could apply. Aghanim customers are now able to submit applications for Instant Payouts in the Aghanim dashboard.

For more information and to experience the benefits of Instant Payouts, please visit Aghanim’s website and follow them on Linkedin. Join Aghanim and revolutionize the mobile gaming landscape together.

About Aghanim:
Aghanim, founded in June 2023, is a mobile gaming fintech company specializing in integrated commerce, LiveOps automation, community engagement, and payments. With a mission to revolutionize how mobile games are monetized and distributed, Aghanim’s web-based game hubs empower developers to go direct-to-consumer and unlock new revenue streams.

Media Contact: [email protected]

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