NewsCrypto: A new DeFi Giant

Mashell Chapeyama
3 min readMar 30, 2021

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When NewsCrypto announced its complete entry into the DeFi sector, its community members were overjoyed. This is because NewsCrypto is a reputable crypto organization, offering several priceless services to people around the world. Now, its full participation in the DeFi results in value for the community and the world at large.

Introduction

In order to best understand the contribution that NewsCrypto brings into the DeFi sector, let’s look at its current contribution. NewsCrypto is a platform that offers the best trading education on line. It gives people the knowledge and support they want to become professional traders.

It has simplified yet detailed information on how to trade. It covers the various trading strategies such as swing trading, copy trading, intraday trading and scalping among others. Apart from this, it provides its community with essential information enabling them to trade successfully. It provides prediction on the price movement of major cryptocurrencies.

On top of this, NewsCrypto has world class tools that facilitate trading. These include charts, moon lines, TA reports, FA reports, DeFi scan, watchlists and trading simulators. These tools are created to assist traders who are at different learning curves such as beginners, intermediate and advanced. Some of the information is in form of articles, while the rest are videos.

AI price Predictions

Probably one of the greatest contribution to the trading community is its artificial intelligence system (AI). This is a price prediction tool that aggregates information and sentiments from various news agencies. For example, it captures people’s sentiments on Twitter about the price movement of a certain coin, and predicts its future price. This is a valuable tool for the crypto market.

Movement into the full DeFi function and system

The greatest news of the day is that NewsCrypto is getting into DeFi ecosystem. This means that it is introducing new products. Accordingly, it is building a user-centric and frictionless DeFi platform, offering unique services to its members.

This new product helps to eradicate some challenges that exists in the sector at the moment. It is introducing the lending function with excellent terms. It aims to provide high interest rate on savings. This enables people to earn passive income on the cryptocurrencies they already own. Apart from the appreciation of the coins or tokens, they will accrue interest, payable monthly.

As if that is not enough, NewsCrypto has very low fees, unlike the high transactions cost currently on the market. As a result, NewsCrypto is migrating to the Binance blockchain, which, we all know for low transaction costs and fast transactions. The people’s experiences will never be the same.

What is more interesting is that, there shall not be any minimum investment amounts. Many people agree that most investment platforms set very high minimum investment amounts, in the region of US$50, at least. It is in this aspect that NewsCrypto is a game changer. It allows people to invest as small amounts reasonable. This opens the door to massive investment in the DeFi sector.

Also, NewsCrypto is not going to lock up investor funds. Each individual is free to withdraw the money at any time, without punitive action. As we note, Newscrypto is inclusive and people-centric. This means everyone has any opportunity to participate in the DeFi sector.

Moreover, the coin holders will be able to borrow cryptocurrencies, using them as collateral.

NewsCrypto Coin

In order to fully participate in the DeFi sector, NewsCrypto has a vibrant internal coin, NWC. The issue of NewsCrypto entering the DeFi sector is not just lukewarm news. It’s real and confirmed, you can verify that the NWC is listed at major exchanges as of now. For instance, it is currently listed and tradable on Uniswap and Pancakeswap.

However, these shall not be the only exchanges where people will trade it. Soon, it will be listed on other exchanges. The other significant news is that NewsCrypto has a user-friendly mobile application, which will make all transactions convenient.

Conclusion

In summary, NewsCrypto is entering the DeFi sector with a bang. Its internal coin NWC is listed at major exchanges including Pancakeswap and Uniswap. It is introducing the saving, lending and borrowing services in order to save its community well.

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Mashell Chapeyama
Mashell Chapeyama

Written by Mashell Chapeyama

Mashell Chapeyama, a NewsCrypto Ambassador, is a renowned writer with a burning interest in cryptocurrency and the blockchain.

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