Greetings, Crypto Enthusiasts!
This week, the crypto market experienced some volatility, with Bitcoin dropping below ₹58 lakhs for the first time in June. However, the overall sentiment remains positive, with analysts viewing the dip as a potential buying opportunity. Let’s dive deeper into the week’s highlights!
Market Watch: A Rollercoaster Ride
The first week of June reminded us of the crypto market’s dynamic nature. While the long-awaited US Ethereum ETF approval initially sparked a surge, a correction followed stronger-than-expected US employment data. Despite the short-term dip, many traders remain optimistic about an upward swing in the future.
Expanding Your Horizons: 15 Days, 15 Pairs!
We’re excited to announce the successful completion of our “15 Days, 15 Pairs” program! Until June 13th, we introduced a new trading pair daily, including popular choices like TON-INR, PIXEL-INR, and JTO-INR.
This expansion brings the total number of available pairs to over 70, giving you more options to trade your favourite cryptocurrencies seamlessly with Indian Rupees.
Exciting New Features on the Pi42 App!
We’ve been busy upgrading the Pi42 app to enhance your trading experience. Here are some key additions:
- Performance Tracking: Monitor your performance in real-time, challenge your friends, and climb the leaderboard to win amazing rewards. Stay tuned for a new contest announcement coming soon!
- Nominee Management: Ensure the security of your funds by adding up to 2 nominees. Easily verify their details through OTP for compliance purposes.
- Enhanced Reporting: Generate flexible reports with custom date ranges. Dive deeper into your daily P&L with multiple time format options.
- Global Leaderboard Upgrade: The revamped leaderboard dynamically adjusts timeframes, providing the most accurate ROI data. See how you rank in profitability compared to traders worldwide!
Don’t forget to update your Pi42 app to unlock these amazing new features! Head over to the Playstore and ensure you’re running the latest version.
Looking Ahead
Important Update: WAVES Token Delisted
As some of you may be aware, the WAVES-INR pair was delisted from the Pi42 platform on June 14th, 2024. This decision was based on several factors, including a lack of trading volume, quality and commitment to the project, and concerns about network stability.
Contests: Win Big with Pi42!
The thrill of competition continues with our ongoing contests! Here’s a quick rundown of your chances to win big:
- G.O.A.T. 2nd Edition (Weekly & Monthly): Participate in this ongoing challenge and trade daily to become the Greatest of All Traders. Not only will you be crowned the champion, but you can also win back your trading fees!
- R20 – The Ultimate Referral Challenge: Calling all social butterflies! Refer your friends and climb the ranks in the R20 challenge. You could win exciting prizes like an official Indian Cricket team jersey or even the grand prize of INR 50,000!
We’re committed to keeping you informed and engaged. Stay tuned for exciting announcements and community events in the coming weeks! Happy Trading!