Bitcoin News and Finance
Galileo Exchange Presents the GLT Token and Introduces ‘Zero Edge’ Trading Skip to main content

Galileo Exchange Presents the GLT Token and Introduces ‘Zero Edge’ Trading

Galileo Exchange Presents the GLT Token and Introduces ‘Zero Edge’ Trading

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!

This is a sponsored post. Learn how to reach our audience here. Read disclaimer below.

Labels:

Comments

Post a Comment

Popular posts from this blog

Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians

On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that he wanted to see how large the damage could be and said “it is bad.” 6 Lightning Network Custodial Services Attacked, Researcher Discloses Findings to Offenders Prior to Public Disclosure A Redditor called Reckless Satoshi published a disclosure post on r/bitcoin this past Saturday and disclosed how he had found a vulnerability with routing fees and some of the Lightning Network’s custodial services. The research attack was done in good faith and after it was complete he disclosed the bugs to the offending services before publishing his findings. Reckless Satoshi used the Lightning Network (LN) attack on six different services incl...
Post a Comment
Read more

Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. Meanwhile, the game platform’s smooth love potion token has slid over 8% over the last 24 hours. Axie Infinity Down More Than 40% Since All-Time High Not too long ago, the axie infinity (AXS) token was a topical conversation because it reached an all-time high on July 15. At the time, AXS managed to capture $28.93 per unit and since then it has shed 12.8% during the last seven days. The axie infinity (AXS) token is used within the blockchain-based game that involves battles between token-based creatures called “Axies.” AXS is used for the game’s governance system as well as other actions within the game. At the time of writing axie infinity (AXS) is exchanging hands for $16.70 per coin. AXS/USD on Ju...
Post a Comment
Read more

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon

The Play-to-Earn NFT based Polker.Game ‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that the “game is revolutionary” and that Polker is “hands down.. the best play to earn, NFT game in the space.”. With the BitMart listing and celebrity endorsement from Akon, Polker is perfectly positioned to become a major player in the Play-to-Earn league. Watch Akon’s Video Here What is Play-to-Earn? Although not a new concept, play-to-earn has become a trending term due to the popularity of the NFT game AXIE infinity. In the past, previous play-to-earn games have also achieved success – however, thanks to the huge amount of development in the blockchain space in recent years the gaming experience is now massively improved. Play-to-Earn games are essentially free to play and open to anyone and...
Post a Comment
Read more

China to Crack Down on Copyright Infringement Through NFTs

Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online Platforms The National Copyright Administration of China (NCAC) has recently launched a campaign against copyright infringement and piracy on the internet, together with the Ministry of Industry and Information Technology, the Ministry of Public Security, and the State Internet Information Office of the People’s Republic. A major objective of the initiative is to improve copyright supervision of online businesses by investigating cases involving the sale and distribution of infringing products on short video, live broadcast and e-commerce platforms, and promptly dealing with infringing content, the agency announced in a press r...
Post a Comment
Read more
Blogarama - Blog Directory