BNB (BNB) and Arbitrum (ARB) are similar in that they’re both seen as alternatives to using smart contracts directly on Ethereum’s (ETH) base layer. However, moving to a different chain adds complexity. Meanwhile, TMS Network (TMSN), which is in the second phase of its token presale and has already raised more than $4 million, is working on resolving many different issues related to trading a variety of derivatives without requiring fiat payment.
TMS Network (TMSN)
TMS Network (TMSN) is offering a scalable decentralized exchange (DEX) built on Ethereum. Notably, TMS Network (TMSN) is focused on providing a level of security and transparency for the trading community that is not often seen in the crypto space. While both DEXs and traditional crypto exchanges have faced numerous hacking incidents over the years, TMS Network (TMSN) has been developed with a large number of safety nets to avoid these issues.
Some of the added precautions used by TMS Network (TMSN) to avoid loss of user funds include regular security audits and insurance on users’ crypto holdings. TMS Network (TMSN) token holders will also receive the fees collected by the trading platform, making the token a unique offering in crypto where real streams of revenue can be accessed.
One of the main reasons people decided to start using BNB (BNB) and Arbitrum (ARB) in the first place was due to Ethereum’s (ETH) increasingly-high fees during the 2021 crypto market top. However, TMS Network (TMSN) has decided to build directly on Ethereum (ETH) in a way that retains both decentralization and improves scalability. Additionally, TMS Network (TMSN) cut out the middleman, which will help keep trading fees low for its users.
Some of the other advanced features TMS Network (TMSN) offers crypto traders are social trading, portfolio management, and trading bots. These features can help traders of all skill levels increase the profitability of their trades.
BNB (BNB)
BNB (BNB) Chain, the blockchain ecosystem that evolved from Binance Chain and Binance Smart Chain, has recently issued a list of 191 high-risk, untrustworthy dApps and fake tokens on its platform. The list was compiled by the BNB (BNB) Chain Security Team, which monitors and audits the smart contracts and dApps deployed on BNB (BNB) Chain.
According to the team, the dApps and tokens on the list have been found to engage in malicious activities such as phishing, scamming, stealing user funds, impersonating other projects, or violating BNB (BNB) Chain’s terms of service. The team warned users to avoid interacting with these dApps and tokens and to report any suspicious behavior to them.
The team also reminded users that BNB (BNB) Chain is a permissionless and decentralized blockchain that supports EVM-compatible smart contracts and multi-chain interoperability. As such, anyone can create and deploy dApps and tokens on BNB (BNB) Chain without any authorization or endorsement from BNB (BNB) Chain or Binance. Therefore, users should always do their own research and exercise caution before using any dApps or tokens on BNB (BNB).
Arbitrum (ARB)
The Arbitrum (ARB) network has witnessed a surge of meme coin activity thanks to the success of AIDOGE, a dog-themed token that was airdropped to eligible Arbitrum (ARB) claimers. AIDOGE has achieved remarkable milestones on Arbitrum (ARB), such as getting listed on several major exchanges and reaching a high trading volume of $19 million in a single day. The coin has also attracted a large and loyal community of over 31,000 followers on Twitter.
AIDOGE’s popularity has inspired other meme coin projects to launch on Arbitrum (ARB), hoping to replicate its performance and tap into the liquidity and user base of the network. Some of the notable examples are PufDAO (PUF) and AISHIBA (SHIBAI). Meme coins are not new to the crypto space, but they have found a new home on Arbitrum (ARB), where they can benefit from low fees, fast transactions, and interoperability with Ethereum.
Alternative networks for decentralized applications like BNB (BNB) and Arbitrum (ARB) might face crises of credibility, but TMS Network (TMSN), is launched directly on Ethereum, which should help it maintain its stability. TMS Network (TMSN) also provides several ways for traders to maximize their profits and even earn passive income. Anyone who wants to benefit from the low entry price of $0.085 per token should get involved with the token presale today.
Presale: https://presale.tmsnetwork.io
Whitepaper: https://tmsnetwork.io/whitepaper.pdf
Website: https://tmsnetwork.io
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