The crypto landscape was rocked when Bitcoin’s valuation soared above $64,000, sparking over $100 million in liquidations. This sudden shift left over 54,000 traders reeling from significant losses. At this pivotal moment, Zap Africa stepped up, rolling out its Web3 wallet integration in Nigeria, which boosts user security and control over their digital assets.
Plus Wallet has quickly become a favorite with its innovative dual rewards system. Users now have the chance to benefit from both Swap to Earn and Refer to Earn options, turning the concept of passive income in the DeFi realm into a reality right at their fingertips.
Crypto Liquidations Shoot Past $100M as Bitcoin Reaches $64K
Bitcoin’s recent leap over the $64,000 mark sent shockwaves through the crypto community, resulting in a staggering $100 million worth of short liquidations in just one day. Traders betting against the tide suffered huge setbacks as the cryptocurrency peaked at its highest value of the month on October 14.
CoinGlass reports that Bitcoin shorts contributed $52 million to these liquidations, with Ethereum shorts following at $27 million. This intense market activity highlights the risk and excitement inherent in the crypto trading space.
Zap Africa’s Web3 Wallet Upgrade Elevates User Experience in Nigeria
In a bold move, Zap Africa is transforming fintech with its new Web3 wallet integration in Nigeria. This leap forward connects users directly to its non-custodial exchange, reinventing how crypto assets are managed in the area.
CEO Tobiloba Asu-Johnson views this upgrade as just the start of a grand plan to boost security, independence, and user convenience in the Nigerian crypto market. The wallet’s integration offers users complete control over their assets, a critical feature considering the previous security issues within the local crypto sphere. This advancement firmly positions Nigeria as a frontrunner in fintech innovation across Africa, paving the way for a safer, more user-focused experience in digital asset management.
How to Maximize Plus Wallet’s Dual Income Streams?
As the market shifts towards wallets that not only secure but also reward user activity, Plus Wallet is at the forefront, offering both control and financial benefits directly to its users.
The wallet’s Swap to Earn and Refer to Earn schemes are boosting its popularity. Each trade within the wallet not only supports financial operations but also offers rewards, turning simple transactions into opportunities for economic advancement.
Active users can earn varying rewards, enhancing every transaction with potential profit. Furthermore, by referring new users, both the referrer and the newcomer benefit from the trades, fostering a community of profit-sharing. This system requires no additional steps to begin, and there are no caps on earnings through trading or referrals, making Plus Wallet an optimal choice for both veteran traders and novices aiming to expand their digital assets.
The Premier Crypto Wallet for 2024
The recent surge in Bitcoin’s price and the consequential liquidations remind us of the crypto market’s volatile nature and its potential for substantial financial rewards. Concurrently, Zap Africa’s Web3 wallet initiative places Nigeria at the helm of African fintech innovation, offering users unprecedented control over their digital assets.
For crypto enthusiasts eager to actively manage and grow their holdings, Plus Wallet provides a straightforward yet potent solution. Its Swap to Earn and Refer to Earn programs transform regular transactions into avenues for financial growth, presenting a powerful option for those seeking enhanced control and dependable passive income.
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