Content Introduction
The video discusses the growing trends in cryptocurrency, specifically focusing on a potential airdrop associated with a new perpetual exchange platform called DerryW, developed by CoinW. It highlights the platform's unique features, such as free gas fees, a non-custodial wallet system, and the option to earn APY in specific pools. The host explains how to engage with the platform, emphasizing the importance of maintaining a small amount of ETH for transaction fees. Additionally, the video underscores the significance of strategic trading to maximize points for potential rewards, alongside the invitation for viewers to participate through affiliate links, accentuating the early opportunity for users to benefit from this emerging platform.
Key Information
- Crypto often rewards users who actively engage with various projects.
- The show discusses a potential future airdrop incubated by CoinW, called DerryW.
- DerryW is designed as a layer three solution on top of Arbitrum, which is a layer two on Ethereum.
- All smart contracts on DerryW are audited by Certic to ensure security.
- Gas fees are free on the DerryW chain, requiring only a small amount of ETH and USDC to begin trading.
- Users maintain their funds in a non-custodial wallet, reducing the need to send funds to an exchange.
- The platform facilitates trading and offers various tokens including Bitcoin, ETH, and more.
- DerryW has competitive features such as low fees and leverage options for trading.
- Referral programs incentivize users to invite others for trading, generating more points and rewards.
Timeline Analysis
Content Keywords
Crypto Airdrop
The video discusses potential future airdrops in the cryptocurrency space, specifically focusing on airdrops incubated by CoinW and its decentralized exchange, DerryW.
DerryW
DerryW is a decentralized exchange built as a layer three on top of Arbitrum that focuses on user engagement and rewards for active participation.
Arbitrum
Arbitrum is referenced as the layer two technology upon which DerryW operates, highlighting its benefits such as no gas fees on transactions.
Crypto Trading
The video explains how users can trade on DerryW using ETH and USDC, emphasizing the platform's non-custodial nature, meaning users hold their own funds.
Gas Fees
It discusses the cheap nature of gas fees on the Arbitrum network and how users need a minimal amount of ETH to perform transactions.
Referral System
A referral system is outlined where users can earn points by referring others, with rewards being incentivized through higher points for referred users.
Trading Strategy
The speaker shares their trading strategies, including going long and short on various cryptocurrencies to maximize rewards and engage with airdrops.
User Engagement
The importance of user engagement and activity in crypto projects is emphasized, noting that active participation can lead to rewards.
Market Tokens
The tokens currently available on DerryW are mentioned, including Bitcoin, ETH, Solana, and Dogecoin, with more expected to be added in the future.
Profit Taking
It covers how users can set take profits and stop losses when trading on the platform, allowing for strategic investments.
Related questions&answers
What is the purpose of the video?
What are some risks associated with crypto assets?
What do I need to start trading on DerryW?
What type of wallet does DerryW require?
How can I earn points on the DerryW platform?
What are the benefits of referring users?
What kind of trading strategy is recommended?
How do gas fees work on DerryW?
What types of tokens are available for trading?
What is the expected future of DerryW?
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