Miracle Cash & More, BingX, and Islamic Coin were some of the projects showcased at TOKEN2049 — one of the most memorable events of September 2023, which served as a gathering place for entrepreneurs, institutions, industry insiders, investors, builders, and those with a keen interest in the cryptocurrency and blockchain industry.
This global meeting place and one of the most significant Web3 events, held on September 13–14 in Singapore, brought together projects and provided an excellent platform for idea exchange, networking, and industry-shaping.
Among the partners, there were numerous companies, including well-known exchanges such as Binance, OKX, and HTX (formerly Huobi). Additionally, representatives from the WhiteBIT exchange launched their own blockchain — WB Network.
Also, WB Network established the WB Network Foundation to provide grants to startups and innovative projects. Miracle Cash & More also positioned itself as an innovative platform in the market, as did BingX, which played a significant role in enriching the event’s atmosphere.
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The Miracle Cash & More and BingX platforms were selected by me for a detailed examination of their features, trading, security measures, and overall project impression. Additionally, Islamic Coin also deserves your attention as it can be considered a gateway to ethical and Sharia-compliant finance in the digital age.
Overview of Miracle Cash & More
Miracle Cash & More, representing an innovative phase of the global financial market, is associated with the Swiss group Miracle Technologies, which has invested significantly in digital financial services in both Europe and Turkey.
Miracle Cash & More began its journey with the aim of providing a safe and reformist platform to all investors who want to capture the dynamics of the global digital financial world.
The 2023 Global Crypto Adoption Index. Source: Chainalysis
Miracle Cash & More embarked on its journey with the aim of providing a secure and reformist platform for all investors who want to capture the dynamics of the global digital financial world.
Additionally, following in the footsteps of major players like Binance Pay and Whitepay, the exchange offers a straightforward method of paying for services using cryptocurrency, eliminating the need for credit cards with Miracle Pay.
What Miracle Cash & More offers:
1. Cryptocurrency purchase and exchange services, including the ability to purchase the stable cryptocurrency Miracle Cash.
2. Miracle Cash & More positions itself as a fast and secure solution for your international money transfers, financing, payments, and expenses.
3. The platform provides virtual currency services in accordance with the operational license of an authorized financial institution in the EU.
4. Miracle C&M stores a significant portion of assets in cold wallets, and users also have the option to hold assets in hot wallets.
5. The platform offers three different wallet limit levels for depositing and withdrawing funds. You can choose the wallet limit that suits you best.
6. With a user-friendly interface, you can access all market information and monitor profit and loss ratios.
7. If you encounter any issues, you can avail yourself of 24/7 customer support.
Latest Project Activities
1. Miracle Cash & More has entered into a collaboration agreement with Dennis Soemai, the director of Bitdenex, a licensed company in the Netherlands.
2. Miracle Cash & More is representing Turkey by showcasing its own booth at TOKEN2049.
Final Thoughts on Miracle Cash & More
In general, Miracle Cash & More offers a sufficient variety of cryptocurrencies for buying, selling, and storing. It also offers different wallet levels that users can choose individually.
Furthermore, they are ready to support clients 24/7. This application is suitable for those who want to control profit and loss ratios and for transporting funds.
BingX Review
BingX is a leading cryptocurrency exchange that offers trading services to more than 100 countries and regions worldwide, with over 5 million users. The exchange was selected as the platinum sponsor of TOKEN2049 Singapore after successfully sponsoring last year’s event in London, demonstrating its commitment to the development of the blockchain industry by partnering with TOKEN2049 once again.
Elvisco Carrington, Director of Public Relations and Communications at BingX, emphasized, “Our platinum sponsorship of TOKEN2049 demonstrates BingX’s commitment to fostering meaningful interactions and discussions within the blockchain community and underscores BingX’s role as a pioneer in the blockchain industry. We are excited to be part of an event that reflects the essence of innovation and look forward to engaging with other industry players, sharing knowledge, and shaping the future of blockchain technology.”
What BingX Offers:
1. BingX Futures and Margin Products: The BingX platform allows traders to increase their profits through margin trading, which involves borrowing funds from the exchange against perpetual futures contracts and margin products.
2. Low Trading Fees: BingX offers low trading fees ranging from 0.045% to 1% for futures and spot trading. The deposit fees are minimal (with a minimum deposit of $1), and withdrawal fees vary.
3. User-Friendly Interface: The exchange provides an intuitive and convenient interface, with interactive charts to help users navigate easily.
4. Mobile Trading App: BingX offers a mobile trading application available for both Android and iOS devices, offering all the features of the web platform. The app is user-friendly, responsive, and provides real-time market data.
5. Copy Trading (Social Trading): If you are a novice trader or simply want to diversify your strategies, BingX changes the game with its built-in social trading feature, allowing users to copy the trades of experienced traders directly into their accounts.
6. Demo Trading: Users can utilize the VST demo trading currency, allowing them to practice without using traditional USDT trading pairs (up to a maximum of 150 trades).
7. BingX Security Features:
- Two-Factor Authentication (2FA): Adds an extra layer of security by requiring users to provide two forms of identification.
- Cold Storage: BingX uses cold storage to protect users’ funds from cyber threats.
- Multi-Signature Wallets: For transaction authorization, multiple private keys are required.
- Regular Security Audits: The platform undergoes regular security audits by independent experts to identify potential vulnerabilities and ensure platform security.
8. Customer Support.
- BingX offers customer support through multiple channels, allowing users to reach out in their preferred way.
- The platform provides 24/7 customer support, ensuring assistance is available at all times.
- A comprehensive help center is available, featuring answers to frequently asked questions, as well as detailed guides and tutorials.
Latest Project Activities:
- Launch of the new BRC20 SATSUSDT token on the trading platform.
- BingX sponsored hackathons in the APAC region for Web3 talent development.
Final Thoughts on BingX
BingX offers a wide range of cryptocurrencies, a spot exchange, advanced trading tools, an insurance fund, numerous trading options, responsive customer support, ease of use, and transparency for users. It is suitable for both experienced traders and beginners alike.
BingX’s dedication to innovation, security, and user-centric features positions it as a formidable presence in the cryptocurrency exchange landscape. Their commitment to fostering the growth of the blockchain and web3 industry and their active engagement with the community reaffirm their role as pioneers in this transformative technology.
Islamic Coin Review
Islamic Coin is a halal digital asset created to generate value for the Muslim community. It is built on its proprietary HaQQ blockchain and strictly adheres to the principles of Islamic finance.
The project is supported by a team of experienced leaders in their respective fields.
Mission: To provide the global Muslim community with a financial instrument for the digital age that ensures seamless transactions and interactions while promoting innovation and philanthropy.
ICNetwork Ltd. is the developer of the HAQQ blockchain, the first decentralized ledger compliant with Sharia principles and specifically designed to align with the rules and traditions of Islamic finance.
ICNetwork Ltd. is a technology enterprise funded by private sources, founded by a group of experienced entrepreneurs in the blockchain and financial technology fields, who are interested in creating highly ethical financial services and exploring the potential of distributed technologies in ethical finance.
The Evergreen DAO is designed for further investment in projects that benefit the Muslim community or are donated to Islamic charitable organizations. Islamic Coin can be considered the first coin that directly brings economic value to the community.
Features of Islamic Coin:
1. Islamic Coins cannot be arbitrarily printed or devalued. It cannot be inflated through arbitrary deflation via interest rate increases; its price is determined by the market and is therefore always fair.
2. Islamic Coin is automatically minted at a predetermined declared rate and distributed among validators and delegators who actively contribute and invest in the operation and security of the HaQQ network.
3. Islamic Coin is not controlled by banks, whose primary business is earning money through interest. Charging interest leads to usury and is therefore considered haram (forbidden).
4. Every time a new Islamic Coin is minted, 10% of the issued amount is allocated to a special fund.
Latest Project Activities:
1. Islamic Coin and CoinDesk have signed a memorandum, which was announced at TOKEN2049 in Singapore.
2. Islamic Coin is launching a public offering of its digital currency.
Final Thoughts on Islamic Coin
Islamic Coin emerges as a pioneering halal digital asset deeply rooted in the principles of Islamic finance. One standout feature of Islamic Coin is its resistance to arbitrary inflation and its market-determined price fairness.
Islamic Coin represents not just a digital asset but a significant stride towards ethical and Sharia-compliant finance in the digital age, underscoring its potential to directly enhance the economic well-being of the community it serves.
Conclusion
TOKEN2049 proved to be one of the most memorable events of September 2023, bringing together entrepreneurs, institutions, industry professionals, investors, builders, and all those with a deep interest in the world of cryptocurrencies and blockchain.
TOKEN2049 served as a platform for the presentation and discussion of numerous innovative projects, with Miracle Cash & More, BingX, and Islamic Coin standing out for showcasing their unique capabilities and contributions to the development of the cryptocurrency and blockchain space.
Miracle Cash & More and BingX were selected for an in-depth examination of their features, trading mechanisms, security measures, and overall project impressions. Additionally, it is essential to highlight Islamic Coin as a significant tool for creating ethical and Sharia-compliant financial solutions in the digital age.
Deniz Tutku
Deniz Tutku is a digital journalist with a background in copywriting. A longtime cryptocurrency enthusiast, she has been following the industry closely for many years. Having moved on from her early career, Deniz now writes extensively about various events and developments in the cryptocurrency world, providing her audience with in-depth and informed views on the field.