LENCOIN's Resilience in the Bull Market
The alleviation of debt issues and the banking crisis has improved market sentiment. Biden and McCarthy have expressed their goal to reach an agreement before the 21st to raise the federal government’s debt ceiling and avoid default. Both houses of Congress need to reach a consensus and pass an agreement before the federal government runs out of funds to pay its bills as early as June 1st. Additionally, the latest deposit levels announced by Western Alliance Bancorp have eased investors’ concerns about the worsening banking crisis, leading to a comprehensive increase in banking stocks. The resolution of the debt deadlock has boosted crude oil and Bitcoin prices, with Bitcoin experiencing a simultaneous increase in volume and price, signaling a very healthy signal.
The bull market in the cryptocurrency market is becoming stronger, mainly due to the following two reasons:
1. Halving Mechanism: The halving of Bitcoin mining rewards means that the future supply of Bitcoin will decrease, with a total of 21 million eventually. This feature makes Bitcoin relatively scarce compared to fiat currencies, and scarcity drives the gradual increase in commodity prices. Each Bitcoin halving is accompanied by an unprecedented prosperous bull market. 2023 is considered the starting point for the cryptocurrency bull market.
2. Financial Market Risks: Factors such as inflation, banking crises, expectations of economic recession, and US-China relations have affected the stability of financial markets, but these factors have become favorable for the cryptocurrency market. In the face of market uncertainty and investor concerns, the demand for cryptocurrency as a hedge will be sufficient to counteract the impact of further interest rate hikes by the Federal Reserve. Bitcoin will become a hedge asset surpassing gold. The investment environment in the cryptocurrency market is improving.
LENCOIN Blockchain Asset Trading Platform offers a wide range of services to global users, including digital currency fiat exchange, spot trading, contract trading, ICO trading, coin information, blockchain asset issuance, premium funds, and blockchain education.
1. Mission
Positioned to meet user needs, LENCOIN Trading Center aims to emerge as a global leader in the cryptocurrency market. Headquartered in the USA with a global reach, our company brings together a professional and experienced team in blockchain technology and operations with decades of internet development and service experience. Our experts are dedicated to providing a comprehensive service platform that is secure, convenient, stable, and cost-effective for cryptocurrency users worldwide.
2. H5 Browser and App
LENCOIN officially launched its trading platform H5 version on August 28, 2017, followed by the release of the app the following month.
3. System
The LENCOIN Trading Center system is optimized for user experience, utilizing multi-point load balancing technology to maximize system smoothness and providing multi-level server support to ensure transaction speed. Our trading system experience is benchmarked against the world’s top trading systems.
4. Strength
LENCOIN Trading Center is committed to building a secure and reliable cryptocurrency trading platform. Our team has decades of financial risk control experience, with core members graduating from prestigious institutions such as Harvard University, Yale University, Massachusetts Institute of Technology, and Cambridge University. LENCOIN Trading Center holds multiple financial licenses and continuously improves global qualifications.
5. Product Features
Our product features include:
1. Support for spot, fiat, contract, ICO, and other trading.
2. Support for full-chain storage and withdrawal services.
3. Support for global bank system transfers and withdrawals.
4. Support for market, limit, stop loss, and take profit orders.
5. Providing 24/7 multilingual online customer service.
6. LENCOIN Academy
LENCOIN Academy is a brand new open learning center aimed at providing one-stop learning resources for blockchain and digital currencies. By offering relevant educational articles or videos, we aim to address the fragmented knowledge issues surrounding blockchain and virtual currencies on the internet.
7. ICO Platform
Since its inception, LENCOIN Trading Center has promoted quality ICOs to increase the center’s visibility and is committed to creating a high-quality platform for cryptocurrency market investor education. Therefore, LENCOIN Trading Center will be a gathering place for many professional investors, making it an enjoyable experience.