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BLUM
BLUM

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MoonKing
MoonKing
Blum is stepping up their game with the arrival of Season 2 Season 1 was all about laying the foundation, but Season 2 is where the real magic begins New features, bigger rewards, and the chance to level up your trading on #BLUM 👇🧵
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About Blum (BLUM)

About BLUM

BLUM is a hybrid cryptocurrency exchange and digital token that was officially launched in April 2024. Its primary goal is to bridge the gap between traditional centralized exchanges (CEX) and the decentralized finance (DeFi) ecosystem.

How does BLUM work?

BLUM uses advanced blockchain technology to support cross-chain trading, allowing users to execute transactions across multiple blockchains without the need to switch networks or manage native token gas fees. This makes BLUM a convenient platform for experienced traders and newcomers alike.

What are the highlight features of BLUM?

  • Cross-Chain Trading: BLUM supports over 30 blockchains, enabling transactions that eliminate the need for intermediaries or complex steps.
  • Hybrid Custody Options: Users can choose between self-custody (using wallets like MetaMask) and Multi-Party Computation (MPC) custody solutions for enhanced security.
  • Gamified Trading: A mobile-first design with gamified mechanics encourages user engagement, making trading more interactive and rewarding.
  • Localized Peer-to-Peer (P2P) Trading: With support for local currencies, BLUM allows users to trade globally while maintaining local accessibility.

Is BLUM coin a good investment?

The future of BLUM is tied to its ability to innovate and adapt to market demands. As a hybrid exchange, BLUM has a unique advantage in catering to both crypto newcomers and advanced traders. If BLUM continues to expand its blockchain integrations, introduce new features, and maintain a high level of transparency, the BLUM coin could experience significant growth in value.

Benefits of BLUM:

  • Accessibility: BLUM makes trading easier for beginners by providing a user-friendly interface and tools like Telegram-based mini-apps.
  • Cost-Efficiency: By eliminating native token gas fees for cross-chain transactions, BLUM saves traders money and time.
  • Security: The platform integrates AI-backed risk management systems to enhance user safety and reduce the risk of fraud.
  • Global Reach: Its P2P trading system supports various payment methods and local currencies, making it an inclusive option for users worldwide.

BLUM emphasizes transparency and security, incorporating advanced features like Multi-Party Computation (MPC) custody and AI-driven fraud detection. However, potential investors should always approach cryptocurrency investments with caution.

Interested to know more about BLUM token growth? Learn more about BLUM coin price prediction.

How to trade or invest in BLUM coin

  • Register on a Crypto Exchange: Sign up on an exchange offering BLUM trading pairs, such as USDT/BLUM or BTC/BLUM.
  • Complete KYC (if required): Most exchanges require identity verification for compliance and security.
  • Buy BLUM coin: Deposit funds and purchase BLUM coin using your preferred cryptocurrency or fiat.
  • Store your BLUM tokens safely: Use a secure wallet, whether on the platform (custodial) or an external wallet (non-custodial).

Who are the founders of BLUM?

BLUM was founded by a team of blockchain enthusiasts and developers with the objective of meeting the growing demand for hybrid trading solutions.

  • Gleb Kostarev, Co-Founder and CEO: Former VP of Binance, expertise in operational strategy and global market development.
  • Vlad Smerkis, Co-Founder and CMO: A marketing and BD veteran who has worked across global brands such as RedBull and Binance.
  • Vlad Maslyakov, Co-Founder and CTO: Expertise in finance, high-frequency trading, and blockchain technology.

Who invested in BLUM?

Significant investors in BLUM include The Open Platform (TOP) and Binance Labs.

BLUM Tokenomics

The BLUM coin operates as the native currency within the BLUM ecosystem, driving functionality, user rewards, and governance. Its design incorporates features to incentivize active participation while ensuring long-term sustainability.

Token Supply and Distribution

  • Liquidity and trading rewards to foster adoption and platform engagement.
  • Project development, supporting innovation and infrastructure upgrades.
  • Community incentives, including staking rewards, P2P trading bonuses, and airdrops.
  • Marketing and partnerships, fueling global awareness and strategic collaborations.
  • Held in a reserve fund to address future scalability and unforeseen needs.

Utility and Value Drivers

  • Fee reductions on the hybrid exchange.
  • Cross-chain transaction incentives.
  • Staking for rewards and governance voting.

How to qualify for BLUM Airdrop?

The BLUM Airdrop is a community-focused initiative designed to distribute free BLUM tokens to users, fostering engagement and encouraging adoption of the BLUM ecosystem. To qualify, users typically need to complete simple tasks such as signing up for the platform, trading a minimum amount, following BLUM on social media, or referring friends.

BLUM Drop Game

The BLUM Drop Game is an interactive, gamified feature designed to engage users and reward them with BLUM tokens. Players complete challenges, earn points, and redeem them for tokens or rewards. It promotes user retention and enhances awareness of the BLUM ecosystem.

Conclusion

BLUM is a forward-thinking project offering tools and opportunities to redefine your trading journey. Learn more through the What is BLUM mini app or compare BLUM token price to Bitcoin price.

Disclaimer

Digital assets involve risks and may not be suitable for everyone. For further details, please refer to our Terms of Use and Risk Warning.

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Learn more about Blum (BLUM)

Will Blum be listed successfully? Analyzing BLUM's official launch and listing potential
Will Blum be listed successfully? Analyzing BLUM's official launch and listing potential
With Telegram's mindshare growing and TON establishing itself as a credible contender among layer-1s, the crypto world is certainly buzzing about Blum’s official launch and its potential listing on major exchanges. As a promising Telegram mini-app, Blum has already captured significant attention with more than 20 million users and an active Memepad. While the exact date is unknown, Blum's hotly anticipated launch is certainly leaving users and traders eager to learn more with concerns on whether BLUM will be listed successfully and how the listing may impact the value of BLUM tokens. This guide explores the factors influencing Blum’s listing potential and its implications for users and the crypto market at large.
Dec 26, 2024|OKX|
Beginners
Blum airdrop: Everything you need to know about the BLUM TGE on TON
Blum airdrop: Everything you need to know about the BLUM TGE on TON
The buzz around Blum today is undeniable as anticipation builds and users prepare for the upcoming Blum airdrop by optimally farming their Blum points. For crypto enthusiasts and Telegram users alike, this event represents an exciting opportunity to gain early exposure to a promising project. If you’re asking questions about how big the Blum airdrop is and how you can claim your BLUM tokens on time, you’re certainly not alone. As a staple of the successful Telegram mini-apps, Blum’s approach to its BLUM airdrop takes it to the next level by seamlessly incorporating gamification elements that will likely make the airdrop process more transparent. This article effectively dives into the details of Blum’s airdrop, from eligibility requirements to strategies for maximizing its benefits.
Dec 25, 2024|OKX|
Intermediate
How to claim BLUM: A step-by-step guide for earning Blum points
How to claim BLUM: A step-by-step guide for earning Blum points
The growing popularity of Blum today has sparked excitement around its eventual BLUM TGE and airdrop along with the development of its broader ecosystem. For many new users, a key question remains on how they can claim their BLUM tokens and how they're linked to the current gamified rewards system within the Blum Telegram mini-app. From incentivizing community engagement to making the daily log in experience to Blum rewarding experience for users, understanding how Blum points work will likely be key in maximizing your BLUM allocation once TGE rolls around. This expanded guide will walk you through how to earn and maximize Blum Points to unlock the full value of this innovative hybrid trading platform.
Dec 24, 2024|OKX|
Intermediate
Blum market prediction: will BLUM's price increase?
Blum market prediction: will BLUM's price increase?
As the crypto space continues to evolve, Blum has emerged as one of the most intriguing new projects. With its innovative Telegram mini-app, many are asking if the BLUM token will have a price increase once it launches. Let’s now analyze the factors that could influence Blum market prediction for 2024 and beyond.
Dec 24, 2024|OKX
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Blum FAQ

What is cryptocurrency?
Cryptocurrencies, such as BLUM, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as BLUM have been created as well.
Can I buy BLUM on OKX?
No, currently BLUM is unavailable on OKX. To stay updated on when BLUM becomes available, sign up for notifications or follow us on social media. We’ll announce new cryptocurrency additions as soon as they’re listed.
Why does the price of BLUM fluctuate?
The price of BLUM fluctuates due to the global supply and demand dynamics typical of cryptocurrencies. Its short-term volatility can be attributed to significant shifts in these market forces.

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Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Start your crypto journey
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Faster, better, stronger than your average crypto exchange.