Nearly 100 new cryptocurrency firms are birthed each day but not all manage to thrive. So far, there are more than 10000 active crypto firms, but only 80 firms have a market capitalization of more than $1 Billion. HedgeUp is one new addition to this renowned list of crypto companies. The firm is witnessing exponential growth in its popularity and making headlines owing to the countless innovative features that it has to offer.
A Foreword To HedgeUp:
HedgeUp was founded to eradicate the everyday problems investors face, such as high volatility, low returns, and significant risks. HedgeUp has introduced an alternative investment platform within the crypto sphere to attain its objective. The platform allows the purchase of non-traditional assets like wine, gold, diamonds, fine art, and aviation. The value of these assets is directly linked to the demand for that asset in the real world and remains independent of the existing market trends.
Great Learning Opportunities:
Individuals with over 30 years of experience in the alternative investment sector are employed under HedgeUp. The foremost duty that befalls the shoulder of these individuals is to coach newbie investors. Capitalists need to figure out how and when to invest and may learn from these professionals.
Multiple Sources Of Residual Income:
HedgeUp offers a yearly return of 28-36% for investors who opt for its ‘basket’ product. The basket product combines different asset classes and safeguards the average investor from harsh market trends.
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Staking HDUP tokens is another exhilarating passive source of income that capitalists may resort to. The HDUP tokens staked by users will be utilized to maintain the liquidity pool. This will enable swift and seamless transactions.
Users of HedgeUp that are also members of the legislative and executive team can transfer their positions to another community member for a price. They may place their position for auction on the HedgeUp marketplace and sell it out to the highest bidder.
HedgeUp And The NFT Sector:
The masterminds at HedgeUp have come up with a phenomenal way in which small-scale investors can purchase and hold the NFT of their choice. They have achieved this by allowing individuals to purchase small fragments of their desired NFTs. This means that an investor with as little as $1 can become a joint holder in the NFT of his choice.
Heavy taxes and fees imposed by many firms on transactions of NFTs are sometimes unbearable for many traders. HedgeUp imposes a negligible fee on the sale and purchase of NFTs conducted on its NFT marketplace.
A Peek Into The Struggling Filecoin:
Filecoin is a Blockchain-based cryptocurrency firm devised to smoothen digital payments, data retrieval, and data transfer. The firm has recently seen a massive decline in value and popularity after failing to keep its promises.
Conclusion:
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HedgeUp is one ultimate cryptocurrency project that has secured the limelight by offering countless incentives and will soon replace Filecoin as the leading choice of investors.