4 Trading Benefits You Can Enjoy at CoinFantasy
3 min read . Updated: 19 May 2022, 08:06 PM IST
PremiumCoinFantasy wants to gamify crypto-stock markets so that you can play games and get a chance to mint NFTs
Imagine combining finance with online games. Wouldn’t that be fun? You would be able to earn cash prizes as you win. CoinFantasy is a decentralized platform that has turned this concept into reality. It wants to gamify crypto-stock markets so that you can play games and get a chance to mint NFTs. The NFTs will have various traits, and you can unlock them by playing the games. If you hold on to your tradeable NFTs and collectibles, you can make passive income on CoinFantasy.
On the other hand, if you want to trade your NFTs, you can talk to fellow players or community members. Here are a few reasons why trading can be fun on CoinFantasy:
1. Social trading
The concept of CoinFantasy is pretty straightforward. You can participate in social trading only if you reach a specific rank on the platform. You need to play and win as many games as possible to get that rank. Once you level up on the platform, your profile will be unlocked for social trading. In social trading, you can stake on the players performing at their highest levels. This means you have more chances of winning the games than before.
2. Portfolio builder
You can share your portfolio with other players within the same community. It’s possible to show off your assets and build a strong portfolio based on various asset classes, such as tangible assets, derivatives, bonds, and stocks. The best part about CoinFantasy is that you can do all these things while engaging with other players. The games are pretty exciting and give you enough chances to level up. You can even trade your collectibles and create a sure-fire way of making money.
3. Tokenset
Suppose you don’t know which token set will perform the best, yet you want to play the games. CoinFantasy has a solution for that also. All you have to do is subscribe to the database of CoinFantasy and check the list of the performance of different token sets. This helps build a solid portfolio and gives you enough information about the lineup that you can pick for your games. Remember, the ultimate objective in CoinFantasy is to win games and level up. Otherwise, you will not be able to enjoy its features. Therefore, make sure you pick a lineup after considering the recent performances.
4. Defi elements
As you level up on this platform, you can access CoinFantasy’s range of Defi elements, including borrowing and lending. Since this is a decentralized platform, there is hardly any risk involved in making transactions.
CoinFantasy’s ecosystem is unique as it offers money if you win games and generates leads for trading platforms and exchanges and allows IEO and IDO to use its launchpad. There is hardly any other platform that offers such a wide range of features, especially when it comes to playing games. In addition, this platform provides zero-loss gaming, meaning there are no risks of losing money even if you don’t win.
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The reader is further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.
Before proceeding further and clicking the links provided in the article, the readers are advised to be well versed with the extant laws dealing with gambling viz. the Public Gambling Act 1867, IT Act 2000, etc. Further, online gambling is also a banned offence in many States in India. The readers are also advised that gambling is addictive and involves an element of financial risk and reader’s discretion is advisable. The article is intended for information only and nothing contained herein constitutes an advice or guarantee of winning, nor is there an intention to induce anyone into violating any law(s).
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