Monica Kingsley 18.04.2024

Powered by Qualcomm, Aethir Unveils Game-Changing Aethir Edge Device to Unlock the Decentralized Edge Computing Future

Powered by Qualcomm, Aethir Unveils Game-Changing Aethir Edge Device to Unlock the Decentralized Edge Computing Future

Press Information Press Information Press Information Press Information 18.04.2024 15:11
Singapore, Singapore, April 18th, 2024, Chainwire At the Dubai Press Conference, Aethir Edge debuted as the pioneering edge computing device and the first authorized mining machine of Aethir, one of the industry-leading decentralized cloud computing infrastructure providers, alongside Qualcomm. It enables users to mine 23% of Aethir's native token $ATH supply. Integrated with a distributed cloud network to overcome centralized barriers, Aethir Edge combines unmatched edge computing capability, decentralized access, and exclusive rewards. The future of decentralized edge computing is here. Aethir debuts Aethir Edge, supported by Qualcomm technology, at its official press conference in Token 2049 Dubai. As the first-ever authorized mining device integrated with distributed cloud infrastructure, Aethir Edge spearheads the evolution to decentralized edge computing - unlocking elite GPU performance, 23% of Aethir's native token $ATH supply, and equitable access all in one device. Edge into The Multi-Trillion Computing Market While the edge computing sector rapidly evolving into a multi-trillion-dollar industry, edge capacity has been siloed in centralized data centers for too long. Aethir Edge shatters these barriers with groundbreaking architecture interconnecting high-performance edge AI devices into a distributed cloud network. By pooling localized resources, Aethir Edge brings elite computing power home and makes it accessible to all. Computing power holds immense potential as the energy of the digital realm. Aethir Edge taps into this power and takes it to the next level, with support from Aethir and Qualcomm. Aethir Edge's vision is to fundamentally transform how users access, contribute to, and own a future where edge AI technology's full potential is collectively unleashed beyond the constraints of centralized networks. Aethir Edge represents the beginning of this user-powered decentralized evolution. The First and Only Authorized Mining Device by Aethir  As the sole whitelisted mining product from Aethir, Aethir Edge enables users worldwide to tap into exclusive rewards – and earn income by sharing spare bandwidth, IP addresses, and computing power. With its authorized status, Aethir Edge reserves up to 23% of the total native token $ATH supply for mining potential. "We're thrilled to support the innovative convergence of decentralized cloud, edge infrastructure and equitable incentives," said Aethir's Co-Founder, Mark Rydon. "Aethir Edge pioneers community-powered edge computing technology through robust hardware, exclusive mining and Aethir's decentralized cloud network." When Unrivaled Edge Computing Power Meets Open Accessibility Powered by the Qualcomm® SnapdragonTM 865 chip, Aethir Edge achieves elite performance for data-intensive workloads. The 12GB LPDDR5 memory and 256GB UFS 3.1 storage ensure ample resources for smooth parallel processing. The decentralized architecture guarantees reliability and uptime by distributing capacity across peer nodes – overcoming centralized network vulnerabilities. "It is my great pleasure to congratulate the Aethir team on their next-generation product announcement, targeting distributed edge computing use cases, and more importantly, powered by Qualcomm Technologies and Qualcomm processors," said Qualcomm's Vice President and Head of Building, Enterprise, and Industrial Automation. "We are very proud to be working with partners like Aethir, to advance the edge capabilities." Aethir Edge interoperates seamlessly with diverse applications while enabling ultra-low latency through localized processing. Users worldwide can access optimized experiences unconfined by location. The Backbone for Innovations In The Decentralized Cloud Ecosystem As a core component in Aethir's decentralized cloud, Aethir Edge powers transformative new products like APhone, the first decentralized cloud smartphone. Its localized edge capacity enables implementations and operations across Gaming, AI, VR/AR, real-time streaming, and many more applications. "Aethir Edge perfectly complements APhone's mission to make Web3 accessible to all. As APhone brings next-generation mobile experiences like high-performance gaming, AI, and graphics rendering to every smartphone user globally through our virtual OS, Aethir Edge will help us further our vision of reinventing the future of digital connectivity." - William Peckham, APhone's Chief Business Officer.  Democratizing Access to the Edge Computing Future Aethir Edge spearheads decentralized infrastructure owned and governed by users, not centralized entities. It makes high-powered computing accessible as a sleek, easy-to-use product integrated with earning potential. With its superior enterprise-grade hardware and distributed cloud infrastructure, Aethir Edge leads the shift away from centralized data monopolies and into the equitable edge landscape of the future. Aethir Edge is now actively building partnerships with distributors worldwide, including crypto mining companies, hardware vendors, and distributors. Interested parties can fill out Aethir Edge's distributor application form so the team can explore win-win opportunities to distribute the product together, and shape the community-powered landscape of tomorrow. Users can visit www.myedge.io and be one of the first to unlock decentralized edge computing power. About Aethir Edge Aethir Edge is an enterprise-grade edge computing device integrated with Aethir's distributed GPU cloud infrastructure to spearhead a new era of edge computing. As the first and only authorized mining device from Aethir, we combine powerful computing, exclusive earning, and decentralized access in one device – unlocking the true potential of DePIN. Website | Documentation | Twitter  About Aethir Aethir is a cloud computing infrastructure platform that revolutionizes the ownership, distribution, and utilization paradigms of enterprise-grade graphical processing units (GPUs). By moving away from traditional centralized models, Aethir has deployed a scalable and competitive framework for sharing distributed computational resources, catering to enterprise applications and clientele across various industries and regions. Aethir is revolutionizing DePIN with its advanced, distributed enterprise-grade GPU-based compute infrastructure tailored for AI and gaming. Backed by leading Web3 investors like Framework Ventures, Merit Circle, Hashkey, Animoca Brands, Sanctor Capital, Infinity Ventures Crypto (IVC), and others, with over $130 M in funds raised for the ecosystem, Aethir is paving the way for the future of decentralized computing.
Aark Raises $6M Funding to Accelerate LRT Liquidity Integration for High Leverage Trading

Aark Raises $6M Funding to Accelerate LRT Liquidity Integration for High Leverage Trading

Press Information Press Information Press Information Press Information 18.04.2024 14:48
London, UK, April 17th, 2024, Chainwire   Aark is proud to announce the successful completion of its Seed Round funding, attracting investment from leading industry pioneers, including HashKey Capital, Arrington Capital, Cypher Capital, Morningstar Ventures, IVC, and Metavest. This follows our Pre-Seed in the second quarter of 2023, impressively led by Delphi Digital, with participation from OKX Ventures and Big Brain Holdings. Aark is a 1000x perpetual DEX set to revolutionize the DeFi space by leveraging LRT assets to bolster liquidity for perpetual traders. With the new investment, Aark will grow its team to develop more scalable liquidity, targeting the substantial $10 billion TVL market and enabling unparalleled high-leverage trading of up to 1000x for long-tail assets. “Aark is shaping a future where perpetual DEXs surpass their centralized counterparts. To achieve this, Aark is introducing DeFi innovations that are absent in CeFi. Over the past two years, Aark has been meticulously developing a hyperscalable and diverse system. With the support of our new investors and believers, we aim to propel the on-chain derivatives industry to new heights," said Eden, CEO of Aark."Aark's innovative exchange model, diverse composability, and tradfi-focused team position it for significant market growth. HashKey Capital is excited to support Aark's mission to revolutionize the perp dex landscape. We look forward to witnessing Aark's continued growth and success in the years to come." said Stanely Wu, Investment Professional of Hashkey Capital"With growing adoption rates and bullish market trends, the industry needs more projects focusing on scalable and advanced trading solutions that can serve the needs of both retail and institutional investors. With Aark at the forefront of LRTfi and being one of the leading perpetual DEXs on Arbitrum, we are thrilled to be part of this round and continue supporting the team in growing within the DeFi landscape." said Danilo S. Carlucci, Founder and CEO of Morningstar Ventures   About Aark: Aark is a pioneering Leverage-Everything Perpetual DEX that taps into DeFi's most liquid sector: LRT. Aark provides delta-neutral yields for LRTs, which in return provide liquidity for traders. Our scalable infrastructure, capable of delivering CEX-level liquidity, allows up to 1000x leverage for long-tail assets. Aark embodies security, scalability, and liquidity, leading the forefront of DeFi innovations.   Contacts Marketing Ocean AARK Ocean@aark.digital Marketing NJ AARK Ninja@aark.digital  
SeedHunter Marketing Module is live - Web3 Influencer Campaigns with payment in Stable Coins

SeedHunter Marketing Module is live - Web3 Influencer Campaigns with payment in Stable Coins

Press Information Press Information Press Information Press Information 18.04.2024 14:15
Dubai, UAE, April 18th, 2024, Chainwire SeedHunter is a dedicated platform that facilitates and fosters collaborations between influencers and crypto projects to gain traction in the web3 community. The company has a new and fresh perspective on how to match high-potential influencers and KOLs with respective crypto projects and investors in a lucrative, scalable, and secure way.   SeedHunter launched on April 18th 2024, its debut service: The Marketing Module. This is a platform that allows crypto projects to manage and maintain their influencer marketing campaigns more efficiently, securely, and effectively. The marketing campaigns launched can be uniquely customized to the crypto project's needs in terms of content, deliverables, and more.   The platform then uses an AI-based data model to evaluate, rate, and match reliable KOLs to crypto projects. SeedHunter will also assess influencer performance and define pricing directly using an advanced algorithm based on metrics of engagement, impression rates, number of followers, and the compatibility of the KOL with the campaign they manage - all of these standards will ensure that the right influencer is matched to the user's target audience needs. This ensures a fully transparent, fair, and lucrative influencer marketing position for influencers of all kinds.  Crypto projects can also benefit from several built-in marketing campaign tools to drive engagement - including consultancy and account management as needed. SeedHunter takes care of all the tedious admin to provide a simplified, insightful, and efficient platform to view potential influencer and KOL partnerships. Dariusz Kowalczyk, the co-founder and CTO of SeedHunter, has stated that the platform "does the due diligence to find reliable and relevant KOLs that match your target audience's interests. This saves time and energy while pulling the focus onto the customer."  SeedHunter also makes cryptocurrency projects a lot more accessible by simplifying processes. Influencer campaigns can be created in a matter of minutes through a centralized platform - giving the community automated contracts, KOL reviews, and delivery checks. Payments will also be based on deliveries to ensure cost-effective marketing. The web3 community can easily use SeedHunter to curate the ideal influencer campaign for their project and push growth.   To celebrate its official launch, SeedHunter is diving right in with a platform campaign open to all interested KOLs. This provides an opportunity for influencers to get involved from the get-go. SeedHunter has also three additional, high-profile projects waiting to be launched. These span the exciting realms of blockchain, entertainment, and gaming, offering KOLs a chance to contribute to cutting-edge initiatives and propel their marketing efforts.  The crypto industry is uniquely disruptive and as such, it needs platforms like SeedHunter that offer scalable solutions from the very beginning for a lasting chance of success. With automated, simplified, and user-friendly interfaces, SeedHunter provides a seamless experience for influencers and crypto projects alike. Co-founder and CEO, Junaid Dar has said, "The SeedHunter platform will act as a canvas for prospective reliable influencers and KOLs to connect to crypto projects that are looking to gain traction in the market in a way that will simplify, secure, and inspire the industry."  SeedHunter is built on the values of trust, efficiency, collaboration, dynamics, and prosperity. This has helped the company establish a clear, guided vision for the future of the crypto influencer market. The platform's ultimate mission is to ensure an easier, scalable, and more secure channel through which innovative crypto projects can be matched to specific influencers and investors in a way that adds value and clarity to a dynamic cryptocurrency market.  SeedHunter invites crypto project managers and influencers of all sizes to take advantage of the Marketing Module that simplifies collaborations in a mutually beneficial, fair, and secure way. SeedHunter is also open to partnerships in the cryptocurrency industry that would help to expand and establish the vision of efficient, secure, and reliable collaborations across the web3 community.   Moving forward, SeedHunter will also be launching its Funding Module in June 2024 which will allow crypto projects to find the necessary seed capital needed to gain traction. In this project, SeedHunter will act as a broker between the community and crypto projects that need funding. This project ensures the involvement of smaller influencers as well and allows the project to engage with communities and participate in projects for only $50. This ensures safety, transparency, and safety for start-up crypto projects looking to change the industry.  About SeedHunter  SeedHunter was founded recently and allows crypto projects to connect to reliable and trusted influencers and KOLs to drive engagement and improve marketability. The centralized platform establishes a mutually beneficial link between influencers and crypto investors that is mutually beneficial and transparent. The company uses advanced technology to match ideal influencer candidates to crypto projects and helps to source seed funding for start-up crypto projects.    
DDX '24 Munich - UX & Innovation Conference

DDX '24 Munich - UX & Innovation Conference

FXMAG Team FXMAG Team 18.04.2024 11:27
On May 11th, from 9:30 am to 10:30 pm CEST, the DDX '24 Munich - UX & Innovation Conference will take place at Munich Urban Colab, located at 5 Freddie-Mercury-Straße, Munich 80797, Germany. DDX '24 Munich brings together designers, strategists, and diverse thinkers to bridge the gap between groundbreaking tech and what truly matters: people. It's an initiative aimed at uniting the innovation, product, and design communities and is part of the Munich Creative Business Week. At DDX '24 Munich - UX & Innovation Conference, attendees will have the chance to learn from top experts and inspiring speakers from prominent brands, growing startups, and leading consultancies. It's also an excellent opportunity to connect with like-minded and ambitious individuals, explore new career paths, and discover job and project opportunities. The conference will feature engaging talks, workshops, and networking sessions with over 300 innovators, designers, leaders, and strategists. Don't miss out on the chance to be part of DDX 2024 and empower yourself for positive change through design. Among our inspiring global speakers are: Mick Champayne - Senior Visual Designer at Google Casey Hudetz - Senior Product Design Manager at DocuSign Mustafa Kurtuldu - Staff Product Designer at Meta (formerly Twitter, Google) Clive Gringer - Design Leader & Consultant (formerly Orange, Samsung, Cisco, Barclays, RCA) Prof. Jan-Erik Baars - Head CAS Design Management at Lucerne University Corinna Exner - UI/UX Designer at BMW Group Layla Keramat - Executive Design Director at Prophet Prof. Veronika Ritzer - Professor for Interaction Design at Technische Hochschule Ingolstadt (formerly BMW Group) ...and more! For further information, visit ddxconference.com or contact us at info@designdrives.org.
MetaWin Announces Innovative TOKENIZED Tesla Cybertruck Contest on Ethereum's Base Layer 2 Blockchain

MetaWin Announces Innovative TOKENIZED Tesla Cybertruck Contest on Ethereum's Base Layer 2 Blockchain

Press Information Press Information Press Information Press Information 17.04.2024 19:00
London, UK, April 17th, 2024, Chainwire In a pioneering move within the industry, MetaWin in collaboration with law firm BCLP, has successfully tokenized a Tesla Cybertruck, transforming it into a digital asset wrapped in a legally binding contract and minted as a Non-Fungible Token (NFT). This NFT, which represents full ownership rights to The Cybertruck, has been launched on the Ethereum Base Layer 2 blockchain operated by cryptocurrency giant Coinbase. This contest marks a significant milestone as the world's first tokenized vehicle asset, offering participants an opportunity to win a Cybertruck through a transparent, on-chain process. Entry into the competition is free and easily accessible via a Web3 wallet, with significantly reduced gas prices on the Base Layer 2 blockchain compared to Ethereum's Main Net. Rebecca Hanwell, Operations Manager at MetaWin, highlighted, "By leveraging the Ethereum Base Layer 2 blockchain, we not only minimize transaction costs but also ensure complete transparency and immediate transfer of ownership for every aspect of this contest - from entry registration to prize allocation." Participants can enhance their chances of winning by acquiring MetaWin NFTs directly from the platform. Each purchase includes complimentary entries, seamlessly registered on-chain at the time of purchase. At the conclusion of the competition, the winner can choose to have the Cybertruck delivered or opt for an alternative prize of $125,000 in USDC/T, if delivery is not feasible. The Tesla Cybertruck, renowned for its unique design and celebrity endorsements, serves as an extraordinary prize. It remains under the stewardship of MetaWin, with its VIN number detailed in the NFT contract. Rebecca Hanwell further noted, "The Cybertruck not only represents an exceptional vehicle but also embodies the technological innovation driving our vision at MetaWin. Hosting this contest on the blockchain ensures that every step of the process is as revolutionary as the prize itself." The competition is now open for entries, with the drawing scheduled for June 1, 2024. The winner will receive their prize promptly upon the contest's conclusion, showcasing the efficiency and potential of blockchain technology in modernising traditional asset ownership. For more information and to participate in this extraordinary contest, visit MetaWin.com.   About Metawin MetaWin is the premier platform for on-chain prize competitions and instant win games, offering a diverse range of entertaining challenges for users to enjoy. By harnessing cutting-edge blockchain technology, MetaWin provides a transparent, fair, and secure gaming environment, making it the go-to destination for blockchain enthusiasts and gamers alike.   Follow us on social media: X| Instagram Join our community: Telegram | Discord 
Roobet launches new game, Snoop's High Rollers, in collaboration with Snoop Dogg

Roobet launches new game, Snoop's High Rollers, in collaboration with Snoop Dogg

Press Information Press Information Press Information Press Information 17.04.2024 18:00
London, United Kingdom, April 17th, 2024, Chainwire Roobet, the pioneering entertainment brand and one of the world's fastest-growing crypto casinos, has today launched a brand-new game in collaboration with its Chief Ganjaroo Officer and entertainment legend Snoop Dogg. Available exclusively on Roobet, the game, titled 'Snoop's High Rollers', is the latest product of the groundbreaking partnership between Snoop Dogg and Roobet as they continue to push the boundaries of digital entertainment. Snoop's High Rollers is the second game to emerge from their exclusive partnership, this time with Gaming Corps lending their world-leading expertise in innovative gameplay and development.  Snoop stated: 'The Snoopification continues. I'm making my mark on things and this one has been in the works for a while, it ain't your average game. It's fun, it's fresh, and it's gonna go crazy. Don't meet me at the platform - beat me to the platform, ya dig?!?!? Rooooobet ugot2doit.' Anthony Brennan, Roobet's Head of Partnerships, echoed Snoop's sentiment, stating: 'Roobet loves pushing the envelope and never flinches at an opportunity to bring iGaming and pop culture together. Our partnership with Snoop Dogg, as well as our close collaboration with Gaming Corps, has meant we can create something truly extraordinary for our players. 'We're grateful to partner with fellow out-of-the-box thinkers to build something that feels fresh in an industry full of remixes. This game is just one of many exciting things that becomes possible when creators support creators – we can't wait to see how our community reacts.'  Set against a quintessential Hollywood backdrop, the game draws inspiration from Snoop Dogg's illustrious career. Keeping it lighthearted, the game features two of Snoop's favorite types of green - money, and Mary Jane - and is accompanied by a soundtrack inspired by some of his iconic hits and expert narration from the Chief Ganjaroo himself.  Juha Kauppinen, CEO of Gaming Corps, stated: 'It is with much pride that we at Gaming Corps have had the chance to develop a game in close collaboration with Snoop Dogg and Roobet, where we have combined our unique gaming perspective with Snoop Dogg's unparalleled style and charisma. Our vision is to offer players an experience where music, culture and gaming merge into something extraordinary.' Experience the thrill of Snoop's High Rollers only on Roobet from 18 April 2024. About Roobet Roobet is creating a space for every type of gamer. What started as a haven for crypto enthusiasts has hit the mainstream: with over 400M views on TikTok, the drumbeat from Gen Z and Millennials is building – Roobet is a brand 'for the internet, by the internet.' With Roobet.fun catering to those trying out crypto or simply enjoying free-to-play games, and Roobet.com continuing its industry-leading innovation in the crypto casino space, the Roobet brand is redefining the entertainment landscape and leading the way in inclusive and creator-led gaming.  
Introducing Anomaly: AI-Powered Layer 3 for Gaming powered by Arbitrum Orbit, built on Gelato RaaS

Introducing Anomaly: AI-Powered Layer 3 for Gaming powered by Arbitrum Orbit, built on Gelato RaaS

FXMAG Team FXMAG Team 17.04.2024 16:00
Zug, Switzerland, April 17th, 2024, Chainwire Anomaly, announces the launch of the first AI-powered zero-gas Layer-3 gaming platform leveraging a play-to-airdrop mechanism targeting Telegram's 900 million daily active users. Powered by Arbitrum Orbit and using Gelato's Rollup-as-a-Service (RaaS), Anomaly's new Layer-3 is set to redefine the gaming industry empowering developers to create immersive decentralized gaming experiences with unprecedented speed leveraging AI-enabled Game Engine, while completely abstracting away blockchain complexities. Anomaly streamlines blockchain gaming UX with Account Abstraction enabling user onboarding via social platforms and leveraging SocialFi for game monetization. At the core of the new gaming Layer-3 sits the Anomaly SDK, which enables advanced AI functionalities like AI-driven matchmaking, decision-making, player model training, automated quest creation, and asset generation in Web3 gaming. This aims to help reduce developer time, address cost challenges of AI integration, and significantly improve user engagement and experience within the Anomaly gaming ecosystem. "With Anomaly, we're not just launching another gaming platform; we're pioneering a new paradigm in Web3 gaming, that will fundamentally alter the blockchain gaming industry," said Long Do, Founder of Anomaly. "Anomaly Layer-3 will function as a decentralized game layer with a native AI tech stack, promoting interoperability and platform experience." Leveraging Arbitrum Anytrust DAC technology, Anomaly Layer-3 Orbit chain inherits a fast, secure, and scalable execution environment, boasting a 250ms block time with near-instant transaction finality, processing thousands of transactions per second, standing out as one of the fastest EVM Layer-3 rollups on the market. The chain will feature a native gas token $nom that will secure smooth navigation between gaming realms. "Anomaly's implementation of the Arbitrum Orbit tech stack addresses fundamental issues encountered by blockchain games," said Cooper Midroni, Product Manager at Offchain Labs. "The Anomaly Layer-3 ecosystem enables on-chain games to offer the same level of enjoyment and seamless experience as traditional games." The chain operates with a gasless user experience designed to provide a web2-like user experience gameplay. It launches with Gelato's industry-standard web3 services, Gelato Relayers, Web3 Functions, and VRF. These services enable a fully automated, immersive gaming experience and provide a verified source of on-chain randomness for fair gameplay. The chain will also come out-of-box equipped with key infrastructure like the Blockscout block explorer providing easy access to block, transaction, and address data and canonical bridge UI serviced by Gelato. "Anomaly came to us asking for a future-proof gaming platform that supports millions of users," explained Hilmar Orth, Founder of Gelato. "We created a gaming-centric, fully-serviced, auto-scalable Layer-3 infrastructure that enables Anomaly to attract community and liquidity - ultimately supporting distribution." Anomaly Layer-3 will also leverage Gelato's latest Node-Sale-as-a-Service solution to enhance its rollup security by selling verifier node licences and enabling community participation in securing Anomaly's infrastructure. Anomaly's launch will feature a private sale of AI-based Node NFTs to early supporters on Telegram, underlining the platform's focus on a community-driven ecosystem. Furthermore, Anomaly will make it easier for all users to operate their node with cloud based subscriptions that they can run by paying monthly directly inside telegram. Anomaly is poised to revolutionize web3 gaming by engaging with Telegram, Discord, and Farcaster communities. This approach meets users where they are, providing in-platform gaming experiences that bypass onboarding challenges, abstract away blockchain complexities, and offer experiences on par with web2 games. About Anomaly Anomaly is an avant-garde AI gaming studio and Layer 3 blockchain innovator poised to redefine gaming by merging Web3 with SocialFi and utilizing AI to create immersive experiences. Anomaly is at the forefront of gaming evolution, focusing on harnessing AI and blockchain synergies. The studio is dedicated to rapid game development and deployment, community engagement via social platforms, and innovative approaches to gaming, setting new benchmarks in interactive entertainment. About The Arbitrum Foundation The Arbitrum Foundation, founded in March 2023, supports and grows the Arbitrum network and community with secure scaling for Ethereum. Introduced in March 2023, Arbitrum Orbit is a permissionless path for launching customizable dedicated L2 and L3 Orbit chains using Arbitrum technology. Arbitrum Orbit enables features such as custom gas tokens, dedicated throughput, customizable permissions, interoperability, and more by leveraging its secure, scalable, and cost-efficient blockchain scaling technology. More than 25 Orbit chains have been officially announced, and an additional 50+ are in active development to date. About Gelato Gelato is an all-in-one Ethereum Rollup as a Service Platform built without limits. Designed to be super-fast, incredibly secure, and infinitely scalable, Gelato Rollups allow anyone to build and deploy their fully serviced Layer 2 and Layer 3 chains natively integrated with industry-standard Web3 tools and services launching a production-ready web3 development environment with one click.  

How to convert USD to GBP? Maybe it's time to use our online currency converter?

With our currency converter you're able to check exchange rates of many currencies.

Examples of available currency pairs.

What is Forex?

Forex is an abbrevation for Foreign Exchange. This market is decentralized and works 24/5. Forex contains trading of two assets - a pair of currencies or a pair of currency and a commodity or a precious metal. All of transactions are based on CFD.

100 EUR To USD | What Is Forex?

CFD Meaning:

CFD is an abbreviation for Contract For Difference. In a simplified way it means that you're not an owner of certain asset and transactions are based on the exchange difference.

What are Forex pairs?

We can distinguish forex major pairs, minor pairs and exotic currency pairs.

Forex major pairs are: EUR/USD (EUR To USD), USD/JPY (USD To JPY), GBP/USD (GBP To USD).

Forex minor pairs are: EUR/GBP (EUR To GBP), NZD/USD (NZD To USD), EUR/CHF (EUR To CHF), CAD/JPY (CAD To JPY).

Sample pairs: GBP To INRJPY To USDGBP To AUDJPY To HKDGBP To TRYAUD To USD

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follow European Central Bank (ECB), Federal Reserve (Fed) and Bank of England (BoE) decisions as they might affect exchange rates.

The Dollar Index (DXY) should arouse our interest as well.

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Many of us wonders what to invest in. Have a look at Forex section, but have in mind, that FXMAG.COM isn't only about currencies. You're welcomed to visit CryptoStock Markets and Gaming sections to discover many ways of investing.

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For those considering real estate investing, have a look at this section.

Modern investors might want to invest in Bitcoin, Ether, other Altcoins or invest in Amazon, but markets are so diversed nowadays. There are a lot of stocks to buy.

Investing money? You're surely familiar to terms like inflation. Watch CPIPPI and other indicators to make proper decisions. ECBFed or other national banks' decisions of e.g. tightening monetary policy can affect currencies, precious metals and other instruments. Having that in mind, we should watch interest rates.

Important financial terms:

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Trending in investing:

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