Uniglo (GLO) Launching Directly on Ethereum (ETH) Merger, Free Bitcoin (BTC) Trading on Binance (BNB) and New Bull Market
As soon as the world started to wrap around the upcoming merger, another cryptocurrency started making waves. Uniglo is a project operating within the DeFi space, bringing a vault-backed social currency backed by multiple assets.
Uniglo announced that it will launch directly on the Ethereum Merge. With this, the project will be able to capitalize on the excitement around cryptocurrency, which will attract more attention to new DeFi projects such as Uniglo.
What is Uniglo (GLO)?
As a long-term store of value for investors, Uniglo is a social currency based on the Ethereum network. It provides two primary tools for generating wealth for investors by taking advantage of purchase and sale taxes.
Refunds and Uniglo Vault are the first. Each transaction will include a component that will be used to pay for the acquisition of digital and physical assets. These resources, which are held in the Uniglo Vault, provide the GLO token at a virtually minimum price.
The second mechanism is the special Ultra Burn mechanism developed by Uniglo which sends 2% of all buying and selling transactions to a burnt wallet with an unidentified private key called Uni Abyss. GLO is a good investment for those who have a long-term perspective and wish to maintain and increase the real purchasing power of their wealth.
Free trading (BTC) on Binance (BNB) and the new bull market
Recently, Binance introduced no-fee trading for BTC spot trading pairs to celebrate its 5th anniversary. Trading without fees will cover the following 13 spot trading pairs: BTC/BIDR, BTC/BUSD, BTC/TUSD, BTC/USDC, BTC/USDP, and BTC/USDT.
In addition, Binance is stepping up its efforts to capture market share by extending its free-trading token Ether, ahead of one of the most anticipated events in the short history of the crypto market.
Binance, the world’s largest digital asset trading site by volume, is waiving fees for a month for customers trading BTC and ETH – the first and second largest digital tokens.
Learn more here:
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Twitter (NYSE:): https://twitter.com/GloFoundation1