Nonfinite has offered its 8-year 3000 BTC shares to launch its crypto exchange platform.
Vilnius, June 15, 2022 (GLOBE NEWSWIRE) — The current turmoil in the cryptocurrency market has prompted many companies and investors to reconsider their investment strategies. However, web 3.0 based platforms like Nonfinite have taken this opportunity to introduce their unique crypto exchange, selling BTC at a price 1 to 5 percent lower than the market price.
The Nonfinite exchange allows users to buy, sell and trade cryptocurrencies at tier one prices with the lowest trading fees as low as 0.07%. The founders of the highly secure and hidden platform have released their 8-year-old 3,000 BTC stock, valued at 66 million. By selling these Bitcoins on its Nonfinite crypto exchange, the company aims to help large traders and whales recoup some profits while building momentum in the market. The company will offer BTC at a price 1-5% lower than the current market price, which will make it lucrative for investors to use the unique platform.
Speaking about the motive behind offering 66 mln worth of BTC with a 1-5% lower market price, Nonfinite’s CEO stated, “it’s a good opportunity for many investors.”
As the crypto market has reached its all-time low, the CEO of Nonfinite advises everyone to remain calm despite the current market condition affected by the unexpected inflation data.
Citing an example from pro-crypto company MicroStrategy, the CEO of Nonfinite said: “We must remain calm, even the CEO of MicroStrategy was also calm.”
MicroStrategy is the largest crypto asset holder globally based on its corporate balance sheet. The company’s CEO, Michael Saylor, is among the most influential people in the cryptocurrency industry. Despite the ongoing crypto market slump on Monday, Saylor remained positive as he tweeted: “In #Bitcoin We Trust.”
Despite Saylor’s positive sentiment, MicroStrategy shares plunged sharply when the market opened. The stock lost 25% of its value, the biggest drop in one day, taking it to the lowest level since October 2020.
However, the MicroStrategy CEO still plans to hold onto Bitcoin “through adversity.”
According to Bitcoin Treasuries, a monitoring resource, the company’s stack of 129,218 BTC is currently at a loss of $1.2 billion, which is nearly two-thirds of MicroStrategy’s 100 percent market capitalization.
Despite the current scenario, Saylor is confident in his approach to Bitcoin. In response to concerns about MicroStrategy’s future, the CEO wrote on Twitter: “When MicroStrategy adopted a Bitcoin strategy, it anticipated volatility and structured its balance sheet so it could continue to HODL through adversity.”
Agreeing with the CEO of MicroStrategy, the CEO of Nonfinite agrees to remain calm. To demonstrate their agreement with Saylor, the Nonfinite team will launch their web 3.0 cryptocurrency exchange platform, which offers features like spot trading, staking, trading bots, hybrid wallet, and more. In addition to its 1-5% discounted Bitcoin price and low trading fees, the platform offers advanced security, allowing users to bypass internet censorship. Along with these unique offers, Nonfinite also limits its user input to 10,000 each year, offering the best and most limited service.
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