Since its launch in Q1, 2022, the Coinlocally platform has focused on pushing cryptocurrency adoption barriers among beginners and non -coin holders. This next-generation crypto exchange service accomplishes this goal with an intuitive UX/UI and a feature-rich toolkit.
In June 2022, Coinlocally inches closer to the most significant update of the month that is poised to unlock new opportunities for traders of all types. Also, in the days to come, crypto enthusiasts will be able to access the Coinlocally NFT marketplace to create, buy and sell NFTs.
Coinlocally update at a glance: New features and the NFT market
In early Q3, 2022, the Coinlocally platform launched its biggest update to date. The platform will upgrade its web interface and mobile applications; Coinlocally NFT market release on the card.
So, what’s new at Coinlocally?
- Point trading instruments are added to mobile applications and web interfaces;
- The futures trading module is enabled in the application;
- Save dashboards are available in mobile applications and web interfaces;
- The NFT market is live in July 2022.
- Coinlocally Coin (CLYC) Q4 2022.
Once this update is activated, Coinlocally is set to become a leader in terms of beginner-friendly cryptocurrency trading and saving ecosystem.
Coinlocally launched the NFT Marketplace in July 2022
To be part of the NFT revolution, Coinlocally is releasing its own platform for digital collection experiences, the Coinlocally NFT Marketplace. It is set to launch on the mainnet in July 2022.
The NFT Coinlocally market will be fully centralized: all operations will be verified on-chain to ensure fair and inclusive participation from all teams regardless of mission and budget.
The market will focus on NFT storage, storage and trading by top digital content creators around the world. So, Coinlocally NFT Marketplace will allow its clients to access premium and exclusive NFT collections by renowned artists. The market will facilitate the entire NFT economic cycle: customers will be able to create and operate tokens seamlessly without leaving the platform.
This market opening is a major milestone for Coinlocally, the global community and the entire Web3 ecosystem as a whole. To celebrate this great achievement, Coinlocally will be launching a big promo campaign for the early birds of the NFT market.
During July 2022, all operations in the Coinlocally NFT market will be charged zero fees. This promo campaign is designed to introduce Coinlocally instruments to an audience of cryptocurrencies in various regions around the world. Minting and selling NFT has never been resource efficient before.
Coinlocally adds new features to its web interface and mobile applications
From Q3, 2022, new and existing clients Coinlocally will be able to enhance the trading and staking experience with new functions added by the team.
First, digital currency trading instruments are now enabled in mobile applications for Android and iOS -based smartphones and laptops. That said, traders will be able to trade their beloved assets on the go and from home, office and more.
Spot trading on Coinlocally is available through an intuitive and feature -rich interface. Thus, Coinloally’s point trading module looks great for crypto beginners and professional digital asset traders.
Then, the Coinlocally team added a futures trading module to the mobile app. In the Coinlocally Futures section, traders can profit from price fluctuations in either direction with attractive leverage. This opportunity is risky; However, amid increased volatility of the cryptocurrency market, it allows traders to boost profits. Also, in a bear market, traders may benefit from trading short positions.
For cryptocurrency beginners, the Coinlocally Futures trading module can be their first experience of trading with leverage. In the Futures section, contracts in Bitcoin (BTC) are available along with all mainstream altcoins – Ether (ETH), XRP, Litecoin (LTC), Polygon (MATIC), etc. – and US Dollar Tether (USDT) stablecoins.
At the very least, a cryptocurrency savings module was added to the web interface and two Coinlocally mobile applications. Unlike the majority of savings and staking dashboards, the Coinlocally dashboard offers a smooth and newbie -friendly passive income instrument for cryptocurrency holders.
Coinlocally’s savings module offers a flexible loan program with a high APY. Coinlocally users can seamlessly transfer tokens to their savings accounts with zero extra commissions. As in the spot and futures trading modules, Coinlocally savings accounts can be used with Bitcoin (BTC), most capitalized stablecoin, US Dollar Tether (USDT), and various major altcoins.
To make the Coinlocally experience more attractive and rewarding, the platform introduced NFT Marketplace and its first genuine token, Coinlocally Coin (CLYC).
Coinlocally introduces one-stop utility tokens for instruments: What is CLYC?
Coinlocally will release its pioneering asset, Coinlocally Coin (CLYC), on July 1, 2022. The token is set to be announced through an initial coin offering (ICO) campaign, the oldest token selling method on Web3.
In total, the protocol team will issue 1,000,000,000 CLYC tokens. This supply is final and will not be increased under any circumstances. The CLYC token will be issued as a BEP-20 token on the BNB Chain, a blockchain programmed by the world’s leading crypto exchange Binance (BNB).
To ensure fair, democratic and inclusive participation, Coinlocally sets a single price for all future ICO participants. One Binance Coin (BNB) will be equivalent to 55,000 CLYC tokens; as such, 1 CLYC would be worth approximately $ 0.004. CLYC tokens will be available on Coinlocally’s main website.
CLYC tokens will be integrated into various Coinlocally services. For starters, starting Q3, 2022, CLYC tokens will be accepted into the platform’s staking module along with a number of other tokens.
In Q1, 2023, CLYC tokens will be moved to a hosted blockchain with smart contract support. CLYC will also be integrated into Coinlocally trading instruments along with Bitcoin, Ethereum, US Dollar Tether (USDT) and others. From Q2-Q3, 2023, CLYC tokens will be integrated into the futures and margin portion of the Coinlocally trading toolkit.
In Q4, 2023, CLYC tokens will be integrated into Coinlocally’s decentralized cryptocurrency exchange (DEX). Also, in 2023, CLYC tokens will be added to the Coinlocally Peer-to-Peer (P2P) marketplace and one-click Coinlocally Convert instruments. Coinlocally Convert will be the easiest way to buy suitable digital currency for traders with basic expertise in crypto and blockchain.
Introducing Coinlocally, the end point for crypto trading for beginners and professionals
With this update, Coinlocally evolving into a go-to ecosystem for cryptocurrency spot and futures trading, storing, exchanging and staking.
Trading and savings
The Coinlocally trading dashboard looks like a Tier 1 crypto exchange. It displays real-time price charts, order books, order history and modules for market placement and order limits.
In the spot trading module, more than 100 assets are available, including the likes of heavyweight crypto Bitcoin and Ethereum, the novel DeFi coins AAVE and 1INCH, PoS cryptocurrencies Cardano (ADA) and Polygon (MATIC), the top USDT stablecoin. , USDC, TUSD, GUSD and others. Also, Coinlocally accepts major fiat currencies like USD, EUR, TRY, IDRT and GBP.
In the savings module, crypto holders can lock in assets for a pre -determined period of time to receive periodic payments on their inactive crypto wealth.
Referrals and affiliate programs
To allow users to monetize the influence of social media, Coinlocally launched a multi-level referral program. For each referral invited, Coinlocally users can earn up to 40% of the trading commission they collect. Also, every trader who joins Coinlocally through its referral program can also use the platform with a double discount on trading costs.
Also, for merchants who have a large audience on social networks (5,000+ followers for social media accounts or 500+ members for trading communities), Coinlocally introduces an interesting and rewarding Affiliate Program. Affiliate Program Leaders can earn up to 40% of the trading costs raised from invited users.
Airdrops and trading tournaments
Coinlocally’s infrastructure can be used for airdrops and trading tournaments. For example, in Q1, 2022, Coinlocally managed a COTI airdrop for Binance (BNB) users. A total of 114 million COTI tokens were distributed among the participants of this airdrop.
Also, the Coinlocally community participates in the Binance trading tournament. It onboards traders with 500+ USDT in trading volume in 2022. The best traders get extra prizes from the Coinlocally platform (up to 500 Binance USD [BUSD] stablecoin).
Coinlocally, a multi-product newbie cryptocurrency-friendly ecosystem, is undergoing a major upgrade: including the launch of point and futures trading in its application and web interface.
In addition, the team is closer to the ICO than its first original asset, Coinlocally Coin (CLYC). Token sales begin on July 1, 2022, on Coinlocally’s official website.