Unlocking New Opportunities: HelixApp’s Groundbreaking Introduction of AxelarCore’s $AXL Perpetual Market

Olafundzriche
3 min readOct 11, 2023

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Introduction

The ever-evolving landscape of cryptocurrency is marked by innovation, rapid technological advancements, and the continuous emergence of new opportunities. In this dynamic realm, @HelixApp_ has once again demonstrated its commitment to pushing the boundaries of what’s possible. They have just unveiled the first-ever perpetual market for @axelarcore’s $AXL, and it’s a game-changer. In this comprehensive article, we’ll delve into the intricacies of this groundbreaking development, exploring how it can revolutionize crypto trading.

I. The Power of Perpetual Markets

Before we get into the specifics of HelixApp’s new offering, let’s understand the concept of perpetual markets. Unlike traditional futures contracts that have set expiration dates, perpetual markets allow traders to hold their positions indefinitely. They enable users to speculate on the future price of an asset without the constraints of time, opening the door to new strategies and possibilities.

II. AxelarCore’s $AXL: A Rising Star

@axelarcore’s $AXL is making waves in the crypto world, and for a good reason. As a token that powers Axelar Network, it plays a pivotal role in enabling interoperability across various blockchains. With the crypto space increasingly embracing cross-chain solutions, $AXL has garnered significant attention.

III. HelixApp’s Cutting-Edge Platform

HelixApp is no stranger to innovation. With its reputation for offering high-speed trading solutions and on-chain rewards, it has quickly become a preferred platform for traders. The introduction of the $AXL perpetual market is a testament to their commitment to stay ahead of the curve.

IV. The Benefits of Perpetual Trading

  1. No Expiry Dates: Perpetual markets eliminate the need to worry about contract expirations. Traders can hold positions for as long as they desire, making it a flexible option for a wide range of strategies.

2. Leverage: HelixApp’s perpetual market for $AXL offers leverage, allowing traders to amplify their positions. While this can lead to increased profits, it’s important to be cautious, as leverage also magnifies potential losses.

3. On-Chain Rewards: On-chain rewards are a unique feature of HelixApp. By participating in the perpetual market, users can earn rewards directly on the blockchain, enhancing the overall trading experience.

V. Lightning-Fast Speeds

In the world of crypto trading, every second counts. HelixApp prides itself on offering lightning-fast speeds, ensuring that traders can execute their orders swiftly and take advantage of market movements in real-time.

VI. A Step Towards Mass Adoption

The introduction of the $AXL perpetual market is not just a milestone for HelixApp and AxelarCore; it’s a step towards the mass adoption of crypto trading. By providing a seamless and versatile trading platform, these two entities are lowering barriers and inviting more participants into the crypto ecosystem.

VII. How to Get Started

For those eager to explore this exciting opportunity, the process is relatively straightforward. Follow these steps to start trading $AXL perpetual contracts on HelixApp:

  1. Create an Account: If you haven’t already, sign up on HelixApp’s platform. Ensure that you complete the necessary KYC (Know Your Customer) procedures.

2. Deposit Funds: Deposit your desired amount of cryptocurrency into your HelixApp wallet.

3. Choose Your Position: Select the $AXL perpetual market, set your leverage, and choose your position.

4. Execute Your Trade: Once you’re ready, execute your trade. Remember to stay informed about market conditions and manage your risk.

VIII. Conclusion

In the ever-changing world of cryptocurrency, innovation and progress are constants. HelixApp’s introduction of the $AXL perpetual market is a testament to the industry’s dynamism. It offers traders new opportunities, including on-chain rewards, high-speed trading, and flexibility. Moreover, it’s a significant step towards the broader adoption of cryptocurrency trading.

As you embark on your journey into the $AXL perpetual market, remember to do your due diligence, stay informed, and manage your risk prudently. With the right strategy, tools, and a reliable platform like HelixApp, you can unlock the full potential of crypto trading. So, are you ready to seize the moment and explore the world of perpetual trading? The choice is yours, and the possibilities are limitless.

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Olafundzriche
Olafundzriche

Written by Olafundzriche

--Blockchain & Metaverse Writer Cryptocurrency NFT | DeFi Whitepaper Writer | Web3 articles | Community Manager

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