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An ambitious newcomer to the world of crypto gambling, Logium recently underwent a notable upgrade to better serve its users.
What is Logium?
logium is a peer-to-peer platform that allows traders to bet with each other on whether the price of an asset will go up or down in value. Every trade on Logium is executed on P2P, with up to 5x leverage. The platform has no access to user funds and only retains a small fee (up to 5%) from the winning side of the bet, adhering to DeFi’s core values of decentralization, democratization, and transparency. It is important to note that Logium does not charge for the maintenance of bets. Regardless of the time frame, leverage or position chosen. If you are interested in a detailed perspective on Logium, follow them on Twitter.
What were the changes in Logium V1?
The most significant change of logium V1 It is the much easier flow of taking bets. Instead of being overwhelmed by the variety of options available, users now start by choosing a token and the system automatically links them to a bet. Users can still adjust leverage, bet time, or switch between betting up or down, but the new design makes everything else easier to manage.
One of the prominent features is the new dark mode, which offers users better visibility and transparency. The dark mode interface is easier on the eyes and adds to a sleek look that users are sure to appreciate. This feature is just one of many that Logium has introduced to make the platform easier to use and fun for everyone.
Also, the new version of logium V1 has the list of available tokens limited to BTC, ETHand STC, with plans to expand the list in the future. This move ensures that users have a better chance of winning and can focus on the tokens they know best. By limiting the number of tokens available, Logium has also reduced the complexity of the platform, making it more accessible to all users, regardless of their level of experience in the crypto market.
How to bet on Logium?
/1 First, visit Logium V1 App.
/2 You will need to connect a wallet by clicking the blue button in the right corner of the platform. Choose Metamask 🦊 and go back to the main panel.
/3 Then choose a currency from a dropdown bar in the upper left corner of the interface.
Select the direction of the bet (higher ⬆️ / lower ⬇️) and the size of the bet (the amount of money you are willing to spend 💰). The platform will automatically match a bet for you 🎯
/4 Having connected a wallet, you can click on the “Place a bet” button in the lower right corner. After you decide to do so, you will be prompted to enable USDC to use the Logium smart contract 🤝
/6 And that’s it! You did it here, now try to do it on a platform 😎
What are the benefits of decentralized crypto betting platforms?
First, decentralization itself. Logium does not retain user assets, period. All exchanges are p2p via smart contracts, which are thoroughly audited to ensure security and transparency. This means that users have full control over their money and can place bets directly from their custodial wallets without having to entrust their funds to an intermediary.
Also, decentralized crypto betting platforms allow you to make money on the crypto market, even during bear cycles. By betting on the direction of the market, users can profit from their investments, regardless of whether prices go up or down. This is a significant advantage in a market that is as volatile and unpredictable as ever.
Logium V1 is a perfect platform for anyone looking to get started with crypto gambling or for those who want to take their investing to the next (decentralized) level. With its transparent interface, simplified logic, and limited list of tokens, Logium offers a simple and intuitive way to have fun and go green in the crypto winter. The platform is designed to be accessible to everyone, regardless of experience level, making it a top choice for anyone looking to diversify their investments and tap into the potential of the crypto market.
If you want to conquer the bear market, Logium is the platform to choose.
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