What does a transaction push mean

08/05/2023 08:55 • Web3 News • 74 views

What does transaction push mean? What does transaction push mean? Let’s take a look at the transaction pull Firstly, when the market declines, you need to pay a certain margin to start long or short your currency. If the price drops to a certain extent, it is necessary to stop buying or selling Bitcoin (BTC), as this will cause a large outflow of funds from the market. At this point, you can transfer all the coins for trading. So you can earn profits through this process. When a small market value exchange is either liquidated and there are enough investors involved, they must bear a significant risk in order to continue opening and closing. That’s why people say that trading Push is a scam Secondly, if you believe that a project has no value, you can try to invest in it. However, due to technical issues that cannot be solved effectively, you may find that the cost of many projects is high transaction fees, etc. This model is actually very dangerous. But from the current perspective, such a mechanism is meaningful for ordinary investors: they can quickly sell their chips at a very low price to obtain higher returns; Therefore, for those who do not want to lose their money, there is only time and energy left to learn slowly. Of course, these are only temporary concepts

Transaction

Editor’s note: This article is from CointegraphChina (ID: CointegraphChina), authored by SAMUELHAIG, reprinted with authorization by Daily Planet

Cryptocurrency and blockchain technologies are booming. The emergence of this new technology is a catalyst for decentralized applications, a means of storing value, and even a form of financial assets – these protocols will be used to represent a new or existing thing In the past few months, this type of digital asset has begun to receive attention. According to the data of Chainalysis, since the beginning of 2018, more than $1 billion of new transactions have taken place every day on the Bitcoin network, and the daily active addresses on the Ethereum chain have reached a historical high of nearly 1 million. Nevertheless, this activity continues to grow However, compared to the end of 2017, the situation has changed in 2019, when the crypto market was in a bear market and investors were trying to sell their BTC holdings to pay high fees. Now, with the maturity of the encryption market and the rise of DeFi, this situation has changed. In the past year, there have been significant changes in the encryption market. According to Messari data, in the first quarter of 2021, the market share of major global exchanges decreased from 50% in 2020 to 60% for the entire year of 2019 Despite the surge in Bitcoin prices in recent months, trading activity remains strong. According to CoinMarketCap data, as of May, approximately 1000 addresses in all major encrypted wallets processed approximately 3 billion transactions. Although many of them have expressed no interest in the field of encryption, they believe that this is because ‘liquidity providers’ are unwilling to retain their funds for their token holders. They usually don’t receive any compensation.

In recent weeks, the mortgage interest rates in the DeFi agreement have been rising, while DeFiPulse data shows that as of the end of the third quarter of 2022, this ratio is close to 100% or above. In addition, the total lock in value (TVL) of the DeFi agreement is currently hovering around $5 billion, higher than the $20 billion mark set in early June; In late January, DeFiPulse reported a TVL of only slightly less than $30 billion It is worth mentioning that an official report released at the end of this month pointed out that the DeFi protocol has utilized its TVL to support the development of the DeFi ecosystem, including protocols such as Uniswap, AaveV2, Balancer, etc.

This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/21964/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

What does a transaction push mean

Transaction

Recommended articles