Crypto-gaming, DeFi, derivatives platform, derivatives trading, Galileo Exchange
sponsored

Galileo Exchange is an innovative ‘hybrid’ trading platform built with elements of a crypto exchange, a DeFi project, and a gaming platform. It combines these essential elements to bring trustworthiness, innovation, value and entertainment. Among the most interesting features it introduces are the Gelt (GLT) token and ‘Zero Edge’ trading.

Zero Fees, Zero Spread, Zero Commissions

Galileo Exchange is a breakthrough in trader engagement, fun, and profitability. The platform is designed for leveling the playing field by removing all frictions to trading, offering excellent user experience, super-fast action, high-profit potential, and generous incentives. It is powered by the GLT token, guaranteed to return 100% of funds wagered back to its users.

The Galileo platform has elements of a Crypto exchange, a DeFi project, and a Gaming platform. As an exchange, traders can speculate on the price movement of hybrid digital assets; as a DeFi project, it has a token (GLT) with multiple use cases such as zero edge trading, yield farming, and more. The gaming element of the platform is one of the main advantages of trading on Galileo Exchange and provides non-stop trading opportunities with instant gratification.

Hybrid digital indexes are what is “traded†on the Galileo Exchange. A hybrid Index is a tokenized index created by blending a base currency pair with Atmospheric Noise (ATN), forming a new asset class of hybrid ‘atmospheric’ commodities. This allows more opportunity for speculation, trade setups, and generally a more dynamic trading experience. Due to the randomness of atmospheric noise, the shorter the time frame of a trade the less you can control it with fundamental analysis. The longer the time frame of a trade, the more fundamentals it follows, as in the long run the hybrid index always follows the base asset.

There are no spreads or slippage on Galileo Exchange. You get in at the price you see and you get out at the same price, no slippages and no spreads. Even no commissions are possible for a genuinely zero-edge trading experience when trading using the GLT token.

Built for Day Traders by Day Traders

Galileo Exchange is developed and built by day traders for day traders. It’s for the serious trader and the recreational speculator who would like to turn a nice profit in a short time. Galileo’s state of the art interface can be used in many different ways. Users can apply many different strategies and utilize their own style of how they’d like to approach trading, whether cautiously or with a little appetite for risk and high profit. It is also a great social platform as traders of different levels and skills compete against each other in weekly trading tournaments and challenges for real cash and bonus prizes.

The GLT token will be released via an Initial Bonding Curve Offering. Using GLT tokens on the platform enhances users experience and accelerates token holders’ paths to profitability. The token is also an interest bearing (yield farming) token that pays daily interest to its holders, whether sitting idle in the account or in trading. The token and token economy adds additional engagement levels through potential profit-making and increases the user’s experience. The IBCO for the GLT token will be held during the 1st quarter of 2021.

Galileo Exchange behaves as a constant liquidity provider through its bonding curve. When GLT’s are bought & sold on the exchange, the token price increases or decreases at predefined price points on the curve. All BTC’s used to purchase GLT’s, either for investing or trading, are accumulated and never spent; this serves as the backup pool of BTC funds for all GLT’s in circulation. The bonding curve ensures that users know what the liquidity is at any time. Any increase in the dollar value of BTC also increases the dollar value of the GLT.

To help new traders enter the ecosystem, the platform also features the FunGelt (FGLT) token – a play-for-fun version of the GLT token and a free top-up faucet service. FGLT users enjoy the full ‘zero-edge’ trading experience, and use them to enter grand prize tournaments. Trading FunGelt on the platform can also be used as a teaching aid or a tool that helps one learn about trading and technical analysis.

Galileo Exchange operates under Australian law, governed under the exclusive jurisdiction of the Victorian Courts. KYC is not required until daily deposits or withdrawals meet or exceed $1,000 AUD. To learn more and start trading visit Galileo.Exchange right now!


Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Du lịch nhật bản, hướng dẫn du lịch Nhật và đánh giá địa điểm Nhật Bản Japan travel news, japan travel guides, japan holiday destinations and japan reviews

RELATED NEWS

Mike Novogratz: Bitcoin Investors Waiting for a New Narrative Shift

Mike Novogratz declared institutional investors are waiting for the next narrative shift in a recent interview at the Bitcoin 2021 conference in Miami. The CEO of Galaxy Digital thinks the market is now in a consolidation phase after the price crash last month. Novogratz also commented on what the rise of defi could mean for […]

Xem chi tiết: Mike Novogratz: Bitcoin Investors Waiting for a New Narrative Shift

Amazon Job Listing Seeks Blockchain Lead – Internet Giant Looks to Create ‘Business Use Cases Across Defi’

Amazon is looking for a blockchain expert, according to a job posting published on the company’s employment portal. The firm wants someone who is “passionate about blockchain and decentralized networks†and someone who can build innovative “business use cases†across decentralized finance (defi). Online Marketplace Amazon Hopes to Hire a Head of Product to Lead […]

Xem chi tiết: Amazon Job Listing Seeks Blockchain Lead – Internet Giant Looks to Create ‘Business Use Cases Across Defi’

Floyd Mayweather Gets Booed at Bitcoin Event for Saying ‘Another Crypto Will Be Just as Big as BTC’

The undefeated professional boxer Floyd ‘Money’ Mayweather recently spoke at the Bitcoin 2021 conference in Miami and was booed while speaking on stage. Mayweather’s speech wasn’t appreciated by members of the crowd because he didn’t discuss bitcoin much and toward the end, Mayweather said he believes another crypto will be “just as large as bitcoin […]

Xem chi tiết: Floyd Mayweather Gets Booed at Bitcoin Event for Saying ‘Another Crypto Will Be Just as Big as BTC’

Data Shows BSC Dapps Lost $167 Million Last Month From Flash Loan Attacks

Binance Smart Chain (BSC) decentralized applications (dapps) have been hit with a number of flash loan attacks in recent weeks. According to collected data by Rekt, during the last 30 days BSC has lost a total of $167 million from these flash loan exploits. Flash Loan Hackers Prey on Binance Smart Chain Dapps – $167 […]

Xem chi tiết: Data Shows BSC Dapps Lost $167 Million Last Month From Flash Loan Attacks

Data Shows BSC Dapps Lost $167 Million Last Month From Flash Loan Attacks

Binance Smart Chain (BSC) decentralized applications (dapps) have been hit with a number of flash loan attacks in recent weeks. According to collected data by Rekt, during the last 30 days BSC has lost a total of $167 million from these flash loan exploits. Flash Loan Hackers Prey on Binance Smart Chain Dapps – $167 […]

Xem chi tiết: Data Shows BSC Dapps Lost $167 Million Last Month From Flash Loan Attacks

Defi Economy Is Recovering Faster Than Most Crypto Assets After Market Rout

Decentralized finance (defi) exchanges and tokens are recovering a lot faster than a great number of digital assets that lost more than 40% in value last week. Defi tokens like curve, kyber network, terra, hxro, and more have been seeing double-digit gains. On May 23, the defi economy’s aggregate total-value locked (TVL) dropped to a […]

Xem chi tiết: Defi Economy Is Recovering Faster Than Most Crypto Assets After Market Rout

BSC Defi Protocol Burgerswap Loses $7.2 Million from a Flash Loan Attack

Another Binance Smart Chain project has been hit with a flash loan attack according to a post mortem written by the Burgerswap team. The project’s official Twitter account said at around 3 a.m. on Friday, Burgerswap suffered from a flash loan attack with the hackers stealing $7.2 million in funds. Binance Smart Chain Defi Protocol […]

Xem chi tiết: BSC Defi Protocol Burgerswap Loses $7.2 Million from a Flash Loan Attack

BSC Defi Protocol Burgerswap Loses $7.2 Million from a Flash Loan Attack

Another Binance Smart Chain project has been hit with a flash loan attack according to a post mortem written by the Burgerswap team. The project’s official Twitter account said at around 3 a.m. on Friday, Burgerswap suffered from a flash loan attack with the hackers stealing $7.2 million in funds. Binance Smart Chain Defi Protocol […]

Xem chi tiết: BSC Defi Protocol Burgerswap Loses $7.2 Million from a Flash Loan Attack

Flash Loan Attacks Drain 2 Binance Smart Chain Defi Projects for $6 Million

There’s Close to 300,000 Bitcoin-Pegged Tokens Hosted on ETH and BSC, Value Exceeds $12 Billion

Promising Integrations Join the Polkadot Ecosystem

Defi Economy Lost $20 Billion This Week, Decentralized Exchange Volumes Still Sky High

There’s Close to 300,000 Bitcoin-Pegged Tokens Hosted on ETH and BSC, Value Exceeds $12 Billion

Ethereum’s Q1 Stats Report Highlights Blockchain’s ‘Ultra Sound’ Financial Growth in 2021

Ethereum’s Q1 Stats Report Highlights Blockchain’s ‘Ultra Sound’ Financial Growth in 2021

Defi Project Rari Capital Hacked for $10M in Ether, Project’s Pool Drained for 2,600 ETH

Other Articles