The Fidelis Platform and Fidelis Token (FDLS) are part of the solution to bringing together diverse Loyality Programs. Through the FIDELIS platform, companies will be able to develop their Loyalty Program in a secure ecosystem, with lower operating costs and with the advantage of being able to advertise their products to customers from various other reward programs.
FIDELIS tokens will be equivalent to miles, points or traditional cashback rewards programs, with the advantage of never expiring and having the possibility of valorization, which benefits customers and companies participating in the FIDELIS Platform.
About ProBit Global
ProBit Global is a top top crypto exchange worldwide serving crypto enthusiasts with unlimited access to trade and buy Bitcoin, Ethereum and 600+ altcoins in 1000+ markets.
ProBit Global is a brand trusted by millions of users
500+ tokens listed
100,000+ community members
800,000+ monthly active users
3,000,000+ monthly web visitors
50,000,000+ users in aggregator partners and wallets like CoinMarketCap
Marketing and community in 8 major languages
ProBit supports 41 languages for users around the world
Problem
By far, the biggest problem with cryptocurrencies is their fluctuating value. The volatility can sometimes be overwhelming. This allows prices to rise rapidly and suddenly plunge dramatically in a very short period of time. Once this happens, the value of the crypto currency will free fall.
Cryptocurrency is a solution in the midst of the covid-19 pandemic
Cryptocurrency is a digital or virtual currency designed as a medium of exchange on the internet network. This cryptocurrency uses a cryptographic system, this cryptographic technology is used to secure and verify every transaction. Cryptocurrencies use blockchain technology which in fact is difficult to hack. The types of cryptocurrencies or digital currencies themselves include bitcoin, litecoin, ethereum, ripple, dogecoin and 1000 with cryptocurrencies circulating around the world.
In Indonesia itself, cryptocurrency regulations or regulations have been regulated by CoFTRA. Through CoFTRA regulation №5 of 2009, cryptocurrency assets are recognized as commodities that can be traded on futures exchanges. This regulation makes the cryptocurrency industry has a clear legal umbrella and is growing in Indonesia.
Trading using digital currencies is increasingly widespread and in demand by today’s millennial generation. Especially in a pandemic atmosphere that requires working from home or Work From Home (WFH) as an example at the beginning of the March 2020 pandemic, one type of cryptocurrency that was ranked at the top, bitcoin showed a bulging price starting from Rp. 135 million until last month in March 2021 touched the price of Rp. 900 million. The condition of crypto assets is different from other investment products such as stocks and mutual funds which are affected by the economic downturn and government policies during the corona virus. Pricing of bitcoin and other crypto assets is based on supply and demand.
Oscar Darmawan, CEO of one of the largest crypto asset trading platforms in Indonesia, namely Indodak, said that the performance of digital currencies in the midst of a pandemic can help encourage the community’s economy.
In addition to having high profits, trading or investing in cryptocurrencies also has several risks, including:
Crypto price fluctuation
Crypto price fluctuations can be quite extreme. The phenomenon of rising prices for crypto assets that are so fast and can decline quickly, High Risk High Return is a characteristic of cryptocurrencies.
Cyber crime
Blockchain technology is very safe and transparent. The peer-to-peer mechanism makes the process control in blockchain very strong. But that is precisely the case of exchange being hacked. The burglary did not only occur on small exchanges, but large exchanges with millions of dollar transactions.
Fraud
For those who are completely new, investing in crypto assets includes a fairly high risk of fraud. The popularity of cryptocurrencies such as bitcoin makes many crypto trading platforms easy to find on the internet. Unfortunately not all credible can be trusted.
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