If current market indicators are to be taken seriously, the URUS token can easily breach the $300 mark in the near future. DALLAS, Feb. 16, 2022 /PRNewswire/ — Aurox Holdings Inc. (“the Company”), the all-in-one cryptocurrency trading platform, today announced that it has closed a $5 million round of equity financing. This is the Company’s first round of equity funding, which will be used to fuel its pursuit of a public markets listing as well as execute on its business plan to become a significant player in the multi-trillion-dollar cryptocurrency space. Aurox’s customer service team is available around the clock via email or live chat to answer any questions or concerns that may arise while using the platform. With its comprehensive suite of features and excellent customer support system, Aurox makes it easy for anyone to get started with cryptocurrency trading. After reading this article, we hope our community will understand why this process took so long.
- In the event that the price of the asset drops, the initial support level to watch out for is at $5.85.
- This listing will give URUS exposure to over 10 million users and investors while fitting with the token’s characteristics of accessibility, efficiency, low fees, and ease-of-value transfer.
- They can earn rewards from staking as well as an increase in the price of their tokens.
- Users who hold URUS tokens on the exchange wallet are eligible for certain trading discounts on the platform.
To see more analysis and outlook, please check the Aurox Token price prediction page. I’m a technical author and blockchain enthusiast who has been in love with crypto since 2020. Now that we’ll be able to deploy the token as if it’s for the first time, there will be some slight changes.
The current crypto market update is good, if not great for the crypto users. Bitcoin (BTC) recently surged past its all-time high and many alts showed extreme appreciation in price. The Aurox (URUS) token which was priced around $128 less than 24 hours ago is now closing on $200.
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Once the new liquidity pools have been created, our team will validate everything. After the token’s launch on Feb 28, 2021, on the Ethereum platform, over 2,130 wallets have acquired URUS, with a recorded total of 19,889 successful token transactions to date. In the event that the price of the asset drops, the initial support level to watch out for is at $5.85. A more extensive sell-off that brings the price below this level could trigger the second major support level at $4.45 to come into play during the course of the day.
Margin and leverage trading guarantee high interest yields for the lenders while allowing traders to execute short-term high-volume trades with low amounts of required collateral. Since 2017, Aurox’s solutions have provided several important benefits for traders including a cheaper platform, more in-depth information, and high-quality tokens. This includes the URUS token that the Company believes can change the face of the $100 billion decentralized (DeFi) market with its accessibility, efficiency, low fees, and ease of value transfer.
The main achievement of Taras is the Aurox Indicator which is capable of predicting market movements with +70% accuracy. We have discussed this previously, but we keep being asked about it over and over, so let’s address it one more time. Everything you read above is the reason why this process was delayed. Afterwards, a snapshot will be taken of the old token and token holders. This snapshot will allow us to determine who to airdrop the new tokens to and how to recreate the stakes.
The Premier Wallet Experience With Advanced Security
Among all the assets available on CoinStats, these have the most similar market capitalization to Aurox. In order to serve a broad range of use cases,
lending platforms like Compound must
allow borrowers to take funds off-platform,
requiring a greater ratio of collateral than
assets borrowed. This is problematic for most
borrowers, and greatly limits the usability of the
This creates the highest APY interest rates for the decentralized lenders while giving the traders the most comfortable trading environment. Aurox’s secure wallet allows users to store their digital assets in a safe environment. The wallet also provides access to real-time market data so users can make informed decisions when buying or selling cryptocurrencies. Additionally, the platform offers low fees and fast transaction times which make https://cryptolisting.org/ it ideal for day traders who need quick execution of trades. The Aurox team is composed of experienced professionals from the financial services industry who are dedicated to providing a secure and reliable platform for cryptocurrency trading. They have developed sophisticated algorithms that monitor the markets 24/7 in order to provide accurate pricing information as well as timely notifications about changes in the market conditions.
DALLAS, March 29, 2022 /PRNewswire/ — Aurox Holdings Inc. (“the Company”), the all-in-one cryptocurrency trading platform, today announced that its Aurox Token ($URUS) has listed on the KuCoin exchange. This listing will give URUS exposure to over 10 million users and investors while fitting with the token’s characteristics of accessibility, efficiency, low fees, and ease-of-value transfer. Meaning they can’t be changed once they’re deployed on-chain. This posed a significant problem in implementing BSC staking and mining since it would be impossible to bridge reward tokens from the ETH chain to BSC. The reward tokens are inaccessible to us, and they’re only distributed to staking and liquidity mining contracts.
Compared to today’s exchange rate, URUS cryptocurrency price is down by -40.05% so, An investment of $100 now would have been worth $59.95. Vast background in marketing, software development, and cryptocurrencies with the aim of converting Aurox into the most popular trading terminal in the crypto world. One is trading fees – 0.15% of every trade value is charged from makers and takers, and margin fees – 10% of margin fee is charged from the fee paid by the borrowers. 50,000 tokens will be moved from the Ethereum reward address to the Binance Chain reward address. These tokens will be available as a reward for the BSC miners and stakers. As an added bonus, the liquidity miners will be bumped 1 level up on their bonuses.
Having said that, Ethereum chain miners will have the ability to bridge their assets to the other chain and potentially take advantage of the higher initial interest rates offered on Binance Chain caused by the lack of liquidity miners. To control the inflation from the rewards, the amount of tokens distributed on a single chain will be 150 per week. Currently, there are 300 tokens are being distributed per week to Ethereum network miners.
This will be accomplished by locking in the “additional” tokens into a bridge. It will take a couple of hours from the liquidity migration to the airdrop and staking recreation. We will have to make sure the liquidity was migrated properly before airdropping the new tokens. This urus token migration contract will gather all the LP tokens from everyone and then migrate the liquidity pool to the new token contract. After the liquidity has been migrated, the LP tokens will be put back into the mining contract automatically, and the next epoch will continue as usual.