
Please try another search
Centcex, a blockchain-based project that is creating a decentralized economy, has received thousands of Safemoon community members over the last few days. This is after the platform launched and recorded a skyrocketing growth of 3000% on the launch day. It’s a record-breaking growth that is catching the attention of Safemoon and other cryptocurrency investors.
Centcex is a project that is building a decentralized economy that provides users an ultra-secure trading environment and a better users experience than what current decentralized platforms are offering. The team is building a platform that will address shortcomings in the currently decentralized systems, with security and scalability being the major ones.
The crypto project has also developed an innovative reward system that is attracting crypto investors, including Safemoon community members. The huge number of products on the Centcex ecosystem and the widely anticipated staking process are among the project aspects attracting thousands of Safemoon and other investors.
Centcex is building one of the most powerful cryptocurrency exchanges in the market. The Centcex Exchange is a game-changer due to astounding security, speed and privacy, features making it superior to other exchanges.
On the security issue, Centcex exchange is using a Proof-of-Stake (PoS) protocol, which provides better security. The PoS consensus method uses validators who are responsible for creating new blocks on the blockchain and verifying all transactions on the exchange. It will be impossible for a small group or one person to complete a transaction that compromises exchange security. That’s how this exchange will become more secure.
Scalability is a big selling point and the reason why thousands of Safemoon and other crypto community members are joining. The PoS consensus protocol is one of the ways the exchange is increasing transaction speed. The creation of new blocks on the blockchain by the validators is super-fast than PoW protocols, which increases the number of TPS. It’s an achievement Safemoon investors want to be part of.
The team says the staking process is meant to reward their investor, and this got many Safemoon investors interested. The staking reward of 100% APY that will be shared among staked Centcex tokens is attracting many Safemoon investors. All these factors improve users’ experience and appeal to Safemoon and other crypto community members joining the project.
Centcex has also announced that it will be hosting multiple products on its ecosystem. This means more money for the staked tokens. The huge revenues to be collected is another factor that attracts Safemoon community. Safemoon is yet to develop more products for its ecosystem.
Centcex labs will be funded by 3% of the collected taxes to develop unlimited products for the ecosystem. It is this huge future staking that most Safemoon investors are looking for. Centcex team says it’s expecting more Safemoon investors to join in the coming days with the current growth rate.
First edition will be held in Berlin, Germany, 23-24 November 2022 with more than 5000 attendees. In 4 months from now, the Berlin Station will be the most important place...
A “killer app” for consumers is what will be needed to bring the decentralized finance (DeFi) sector to a level that draws in a mainstream audience, said Ripple...
When assisted senior living home The Preston of the Park Cities approached Owen Robertson to hold a course on crypto, NFTs, and the Metaverse for their residents, the 21-year-old...
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
I feel that this comment is:
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Enrich the conversation, don’t trash it.
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.