PrimeXBT Scam Warning and Recommended Precautionary Steps

The trader might hold onto a losing position for too long, hoping for a reversal that never happens, ultimately resulting in a substantial loss to their account balance or even complete liquidation of their investment. On the hourly chart, one should pay attention to the local support level of $0. This allows for the control of large positions with a relatively small amount of capital, potentially maximizing profits from both rising and falling market prices. In this article, we aim to provide a comprehensive prediction about the future price of Cardano ADA, a popular digital currency. All prizes are in the form of trading bonuses, which traders can use as margin to open positions in actual trading accounts. Advcash account email address used to make a deposit will be preselected automatically. PrimeXBT Special Offer: Use this link to register and enter CRYPTOPOTATO35 code to get 35% free bonus on any deposit up to 1 BTC. 20 EUR/CHF peg which sent shockwaves through the markets. A broker is an intermediary between a trader and an exchange. While margin accounts have a potential for higher returns than a typical cash account, they do come with a substantial downside risk due to the leverage involved. There is also a profile rundown of how many followers are currently copying that strategy, a chart showing their performance, and a rating system. It is unusual for crypto exchange to offer such instruments for trading. Solana and Ethereum are competitors for the same market share. Active for: up to 30 days after activation. Com, is a beginner friendly exchange where you can buy and sell crypto with fiat USD or your local currency. Through a CFD, one is speculating on the market price instead of taking ownership of a cryptocurrency. There is also a single asset liquidity lending service that provides a decent return on any borrowed assets. Step 3: You will be sent an email with a pin number. It is also often wise to start small, rely on leverage to avoid putting too much capital on the line at first, and set up a trading journal to log any learnings or mistakes made along the way. From its powerful trading features, trading fees, security, supported assets, countries, and payment methods, we’ll give you valuable insights so you can choose the best crypto exchange for your trading endeavors. Dear Alex,Thank you for sharing your positive experience and for utilizing the analytics from our blog to inform your trading decisions on PrimeXBT. Ever wondered where innovation meets opportunity in the world of margin trading. If you’re a beginner, where do you even start. For traders seeking exposure beyond just spot trading, PrimeXBT is a top tier platform and a welcome addition to the growing crypto derivatives market. To trade Cryptos, go to the Trade dropdown menu and select CFD Trading and your trading account. Established in 2018, PrimeXBT provides access to over 100 assets and contracts across various markets, including Crypto, Forex, Commodities, and Indices.

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The platform caters collegamento web to a diverse audience, ranging from novice traders to seasoned veterans. PrimeXBT explains its trading fees in a clear way. We’re delighted to hear that you feel well taken care of as a customer. This streamlined approach allows traders to access crypto futures, traditional asset CFDs, contests, copy trading, and other valuable resources without the need for multiple accounts or platforms. Polkadot is a next generation network that aims to solve the problem of blockchain interoperability. You need to have enough funds in your crypto trading account to cover the margin amount, and also some additional funds that form a buffer in case the leveraged trade starts to go against you. In terms of features, the mobile app gives you access to its copy trading, coin exchange, and margin trading, however, the ability to participate in contests is not supported. Furthermore, the Maker Fee is 0. One of Bitcoin’s most important attributes and what gives it value as a tool for wealth preservation and hedge against inflation is due to its extremely limited, hard capped supply of just 21 million BTC. Diversification beyond just Crypto protects you from market specific downturns. Is PrimeXBT available in the US. PrimeXBT users can buy, exchange, and transfer Crypto via the Main page,. Introducing una Messenger: A Paradigm Shift in Blockchain Connectivity. All opinions remain our own. It’s great to hear that you value the diversity of financial assets available on our platform. At the same time, demo accounts are also an excellent way for new traders to get used to the platform and start getting a feel for trading and the market. 217308, having its registered address at House of Francis, Room 303, Ile Du Port, Mahe, Seychelles. Security is an important consideration when considering a crypto exchange. Since PrimeXBT’s inception, services have been restricted to users or residents of a number of countries globally. Manage risks with stop loss and take profit orders, and earn in BTC, ETH, USDT, USDC, COV, and USD for flexibility and diversification in trading and profits. That is unless something catastrophic happens and changes the chart technical structure. They conduct thorough market research such as technical analysis, identify favourable technical indicators, and choose a suitable leverage ratio based on their risk tolerance. I don’t know what you are talking about. Copy Trading: PrimeXBT enables users to copy the strategies of leading traders through the ‘Copy Trading’ product. So, if you still are to begin trading on the platform, deposit the Bitcoins and enter the promo code to receive the benefit of this offer. The PrimeXBT affiliate program offers single tier commissions, which means the affiliates earn commissions only on sales they generate. CCrypto Futures and CFDs products are complex financial instruments which come with a high risk of losing money rapidly due to leverage. The price depends on many variables, whether economic, regulatory or technological, that can’t be anticipated years in advance. With no fees on deposits and CFD trades, spread fees starting at 0. Io, PrimeXBT still delivers a functional and easy to use interface that will suit most people.

🚀 PrimeXBT Advantages and Drawbacks 🛑

Larger positions require more margin, reducing risk. The risk of liquidity is often a neglected one in copy trading. The reality is that nobody knows, and therefore any estimate at this point is only a guess. There were muted fears the seemingly inexperienced perpetrator could dump all its ETH holdings. With limited support for fiat currencies and leverage trading, PrimeXBT makes it easy for investors to invest in cryptocurrencies. Get the weekly summary of crypto market analysis, news, and forecasts. Fiat exchange services are subject to and governed by Baksta’s Terms and Conditions and Policies. You should consider whether you understand how leveraged products work and whether you can afford to take the inherently high risk of losing your money. Anyone interested in dabbling a bit in Web3 will be able to easily navigate amongst the applications without the complexity of Web3 were they to try these applications natively on their own web pages. We offer fast and secure Crypto withdrawals. We’re here to support your trading journey and ensure you have all the resources you need for a successful trading experience. Withdrawals are processed once daily, between 12:00 and 14:00 UTC. The biggest issue that XRP is going to face is that if it becomes too expensive, banks won’t use it. This is a deadly mistake for accounts. At the same time, demo accounts are also an excellent way for new traders to get used to the platform and start getting a feel for trading and the market. Ripple continues to attract analysts from around the world, as it is one of the most exciting advances using blockchain, allowing cross border payments easily. Your satisfaction and trust are paramount to us. Cloudflare DDoS protection ensures uninterrupted trading with robust uptime and no breaches.

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These can be accessed from inside your account by clicking on the “Tutorials” section in the top right of your account. Disclaimer: The content on this site should not be considered investment advice. News of top performers is also regularly updated on the broker’s website. Security Concerns: The anonymity can attract malicious actors, increasing the risk of fraud, money laundering, terrorist financing, and other illegal activities on the platform. 306038128, having its registered office at Eisiskiu Sodu 18 oji street 11, Vilnius, Lithuania. Larger positions will require more margin and hence reduce exposure – and subsequently broader risk. Breaking: Venezuela’s Dramatic Crackdown on Binance and X Unleashed Amid Election Uproar. According to HIRN they advanced bitcoin futures traders signals so they can profit consistently using the numerous signals per week they receive. Best regards,The PrimeXBT Team. We do not solicit clients residing in the above regions and only accept clients that register at their own initiative. Engaging in trading through PrimeXBT, whether by following, copying, or replicating the actions of other traders, carries significant risks, including those associated with following or copying traders. TERMS and CONDITIONS PRIVACY POLICY. This user friendly app offers a variety of order options, high leverage, high liquidity, advanced tools, powerful charting, customization options, and 24/7 support service. Not all trading or investment strategies are created equal, and some are better suited for each trader’s personal traits. The correction trend continues into 2028 with Cardano recording a low, average, and high price of $3. You can speculate the XRP will rise or drop in value against BTC, and you do this using BTC. We’ll create a personalized moving plan that meets your needs. If a trader then takes action too soon, holds onto a profitable gain for too long, or doesn’t cut their losses in a losing trade because of greed, they may well lose, and lose big. These products are not suitable for all investors. To view or add a comment, sign in. Discover which platforms stand out for trading pairs, low fees, fast withdrawals, and robust security. It simplifies the onboarding process by offering all trading options under one account, eliminating the need for separate Forex, crypto, and commodities accounts. This is something that you can get in your account management page under the “referral” section. PrimeXBT also allows users to trade with leverage. If you have any tips for new users or further feedback, please share with us at. But is it really a secure and trustworthy broker. Scaling in and out of trades is a powerful technique that can help you keep losses low and profits high.

TRADING BOTS

Affiliate Disclosure: Clicking and Signing up on platforms using our links on blog posts might help us earn as affiliates and keep our hopes high on providing you with the best information on the internet. The highest possible leverage is automatically applied when opening a position, and you can control it by selecting the size of the position. Ethereum investment is investing in the future finance, as Ethereum is a smart contract platform with lofty goals. Visit for the latest “AI, Cryptocurrency, Content Creation, and Affiliate Marketing money making updates. This is just one tier above the free level, and it comes in at a very reasonable thirty dollars a month. PrimeXBT has a free mobile app for Android and iPhone devices for today’s on the go traders. For Silver, one of the most popular Commodities, the swap fee is as low as 0. These risks encompass the possibility of basing your trading decisions on the activities of traders who may lack experience or knowledge, or those whose goals, intentions, or financial conditions may not align with your own. Users can trade long or short to enhance earnings through rising and falling markets. It’s perfect for both experienced traders and beginners. Simply put, it unifies all mainstream trading opportunities in a single interface. Some of the offers in our comparison are from third party advertisers from which we will receive compensation. Through this program, you can connect with other affiliates to learn and share the experience. On cent accounts, the fees are generally lower than on standard accounts. 05% for cryptocurrency trading pairs including ADA/BTC, ALGO/USD, BNB/USD, and DOT/BTC. Also, as a new user, you’re eligible for the PrimeXBT deposit bonus by using the bonus code. Io, which allow you to purchase crypto using a bank card. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. There are several platforms that can allow you to bet on a BTC dip through ETFs. Reply from PrimeXBT Copy Trading. Ensure that the funds you want to use are in your main wallet, then follow the selected trader’s strategy to potentially earn passive income.

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This is the smallest possible denomination of DOT, similar to how 100 million “satoshis” make up 1 BTC. Select Your Deposit Method: PrimeXBT primarily accepts Bitcoin BTC for deposits. The ability to apply up to 200x leverage on Bitcoin and Ethereum is a feature that sets PrimeXBT apart from its competitors. Crypto Futures and CFD Services on our inhouse platform are offered by PrimeXBT Trading Services Ltd PrimeXBT, a company incorporated and existing under the laws of Saint Lucia, with Registration No. Users generally report good experiences with security, support, and trading on the platform. Starting off, let’s take a look at all of the available markets on PrimeXBT, as this is definitely a unique feature that’s different from most cryptocurrency exchanges. It’s also worth noting that as a general rule, once we get past 2025, it seems as if the growth of Bitcoin and the price appreciation is relatively steady. PrimeXBT recently launched the copy trading platform, connecting skilled traders with new traders through a peer to peer profit for all involved trading experience. You can see a full list of the leverage limits for the other assets in your account management area or on the PrimeXBT fees page. As the subtitle implies, this section will walk you through how to trade on PrimeXBT.

Importing transactions from PrimeXBT

Step 1: Create an Account. He joined NCB Capital Markets in 2013 to lead the firm’s regional private equity investment initiative. To buy crypto using a debit or credit card, use the widget in the deposit section, or opt for SEPA transfers and third party services like Coinfy. Users can trade long or short, with margin. The PrimeXBT blog features market research reports, education guides, plus technical summaries and strategies. Some good traders to follow, with good support too. A community for news and discussion about cryptocurrency finance. Advanced trading features include ‘take profit’ and ‘stop loss,’ allowing users to effectively manage market risk. The platform has become popular for traders looking to access high leverage and is available in over 150 countries worldwide.

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Ethereum Devs Disagree Over Technical Tweak as Shanghai Upgrade Nears. Something that you may have noticed is that PrimeXBT does not require any forms of identification when you sign up. A quick 3min read about today’s crypto news. Oftentimes reserves can be depleted, or accidents at facilities can lead to a loss of stored reserves that can have an impact on the price of oil. Make sure this amount is not more than 50% of all your available funds. Leading Cryptocurrency broker, PrimeXBT, has just launched a total revamp of its brand, website, and all in one platforms, as part of its vision to “democratise the financial markets” and “make investing available to all”. The following data may be used to track you across apps and websites owned by other companies. PrimeXBT’s referral program is your gateway to effortless additional income. At its core, Coinify provides an array of payment solutions tailored for various online and physical businesses through its Coinify Payment Suite. Beginners and expert traders can join without KYC or AML and profit from the platform’s financial insights and educational resources to access lucrative opportunities in various markets. Traders can now deposit funds using various methods, including debit and credit cards. Established in 2018, PrimeXBT stands at the forefront of the trading world, proudly serving a diverse global community across more than 150 countries. Just look at the below image to understand more. Select your country to review all available payment methods. Covesting copy trading lets skilled users become strategy managers who have their performance tracked within the global Covesting leaderboards. Dear Tutku,Thank you for your detailed feedback and for choosing PrimeXBT after conducting your research. This is because withdrawals are processed from hot wallets and if they don’t have enough funds on hand, they may have to access some from their offline cold wallet. While such high leverage amplifies potential profits, it also heightens risks. Traders heavily rely on various indicators to recognise and predict particular market movements to plan out their trades.

Deposits in Fiat Currencies are not Accepted

This has led traders who want leverage or derivatives to seek out platforms like PrimeXBT. Okay, what about Binance. Coin Bureau readers who sign up to PrimeXBT can receive a 35% bonus if they sign up with our sign up link. Com, Kraken, or Binance. To deposit PrimeXBT supported Crypto held on an external wallet, go to the Main page,. Firstly, it offers a diverse array of assets — from crypto CFDs to stock indices — focusing on innovation for a seamless user experience. High leverage and the unregulated nature of PrimeXBT introduce heightened risks that traders must be willing to accept. After the successful completion of the goals set out in the five road map phases, Cardano will be a completely decentralized blockchain ecosystem, no longer under IOHK’s management, and will feature advanced scaling and governance features on top of interoperable smart contracts. All in all, sideways trading in the zone of $0. Trades and strategies can be shared across social media and strategy managers can manage their strategies through the “My Strategies” area of the platform. Make sure you understand the difference between Spot and CFD trading before getting started. So far, I have enjoyed every aspect of using Prime XBT, as it has increased my productive hours. If and when Litecoin becomes regularly adopted as a payment currency, then it will have more utility compared to Bitcoin due to the faster speed, lower transaction fees, and a higher rate of transactions per second. The platform provides significant leverage rates across a variety of markets. Our aim is to provide a seamless trading experience with competitive fees, and we’re glad to know that our fee structure is helping you keep more of your profits. PrimeXBT equips traders with a robust array of technical analysis tools, boasting over 50 technical indicators and the ability to perform comprehensive technical analysis with TradingView powered charts. When you go long, you bet on the price going up and if it goes down you lose money on paper. The most fraudulent company I have ever worked with in the last 6 years. They prioritize protecting user data and funds with sophisticated security measures. For more information, please see our Cookie Notice and our Privacy Policy. ” instead of “why is Dogecoin dropping and going down. On the upside, there are no minimum deposits, and you can engage in copy trading with lightning fast execution speeds. PrimeXBT is known for its competitive fee structure, which ensures that traders can maximize their profits. CandJ BUSINESS SERVICES. PrimeXBT Trading Services LLC is incorporated in St. In short, the $100 investment would have increased by 6318. Forex Trader to Follow on InstagramForex Traders to Follow on YoutubeForex Traders to Follow.

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With that said, please be aware that cryptocurrencies are already extremely volatile, and we can’t in good conscience recommend trading cryptocurrencies with margin/leverage. ” The ability to risk so little goes a long way toward your education. We’re continually working to enhance our platform to ensure it is as intuitive as possible. It supports five wallets within the exchange BTC, ETH, USDT, USDC, and COV. English, French, German, Italian, Portuguese, Spanish, Thai, Turkish, Vietnamese. While all cryptocurrencies are a risky investments but generally you can break down cryptos into “low” risk core, medium risk speculative and high risk speculative. PrimeXBT fees to buy crypto using a Visa or Mastercard is 3. At first glance, they might look similar, but at a deeper dive, they are a bit different depending primarily upon what’s your exact requirement. PrimeXBT trading fees are between 0.

PrimeXBT

Reddit and its partners use cookies and similar technologies to provide you with a better experience. It is also important to note that you cannot withdraw this bonus but only use it to make trades on the platform. We use dedicated people and clever technology to safeguard our platform. With the world looking to source more renewable energy, and leave things like oil and coal behind, Natural gas is. The financial and market information provided on U. The content of this website is not intended for citizens or residents of the European Union, the wider European Economic Area, or the United Kingdom. Virtual Assets are volatile and their value may fluctuate, which can lead to potential gains or significant losses. Compete to rack up practice profits for chances to win real prizes. Crypto Futures and CFD Services on our inhouse platform are offered by PrimeXBT Trading Services Ltd PrimeXBT, a company incorporated and existing under the laws of Saint Lucia, with Registration No. In order to access Crypto Currency Services, you need to open an account with Baksta through the trading platform and accept Baksta’s Client Agreement. Coinbase so that you can decide which one best fits your needs. The idea of course is that with these types of announcements, if the consumer feels strong, then they are much more likely to continue spending. Here is what’s available to choose from. In conclusion, PrimeXBT is a robust trading platform that offers advanced features like copy trading, a user friendly interface, and competitive fees.

PrimeXBT:

Marinade Staked Sol MSOL. The platform also has many trading features such as trading competitions, crypto copy trading, and MEXC MasterCard for quick buy and sell. To be eligible for the $300 USDT, the following steps must be followed. The latest app update focuses on bringing the Covesting ecosystem to the PrimeXBT application in a much more significant way. In this scenario, a 10% price increase would yield a $500 profit. Your PrimeXBT wallet will instantly be credited after completing these simple procedures. Getting started with crypto can be hard. In total, PrimeXBT offers 41 cryptocurrency leveraged trading pairs with varying requirements, 51 forex pairs with different margin needs, 11 indices, and 5 commodities. Activate your account when registered successfully and start trading with the bonus credits. Make sure you fully understand leveraged trading and practice adequate risk management. 5 for PrimeXBT and 3. In the cryptocurrency futures trading section, 31 assets are available: the earliest blockchain assets Bitcoin BTCUSD, Litecoin LTC and Dogecoin DOGEUSD, large cap altcoin giants Solana SOLUSD, Cardano ADAUSD, Chainlink LINKUSD, GameFi tokens The Sandbox SANDUSD and Axie Infinity AXS, and so on. Remember, it’s not just about the headline “trade fee,” but the complete financial ecosystem within each platform that deserves your scrutiny. 🛡️ With a spotless six year security record, PrimeXBT credits its success to rigorous protocols and industry leading standards, never experiencing hacks or compromises. Keep track of your holdings and explore over 10,000 cryptocurrencies. Ethereum Name Service ENS. Get the PrimeXBT Massive 35% Bonus. A rug pull definition typically entails three main types of fraudulent activity. This give me more oportunities make profit. If Bitcoin rises to $60,000, you would make a profit of $10,000, while only using $500 of your trading funds as the margin for the trade. Visit the fees section to confirm the exact fees on the day. Forex: With 51 tradeable forex pairs, PrimeXBT covers all major, minor, and many exotic currency pairs, catering to forex enthusiasts. Select the payment details you want to use if it’s your first time, you’ll have to click ‘Add Details’ to enter new payment details. There are infinite different ways to build a strategy that uses different tools and techniques in different combinations, at different times.

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6 months ago 309 views. This guide has unpacked the fundamentals of leverage trading in Crypto, exploring key concepts like leverage ratios, margin, and different trade types such as futures and derivatives. The traders are betting on price fluctuations to benefit financially from the market. This allows you to quickly swap one crypto asset for another on the platform. Providing financial education to those who need it most has always been a passion of mine. The exchanges, BitMEX and PrimeXBT, don’t charge any fee on deposits and withdrawals, but you need to pay the network fee to cover the transaction cost. If you have any suggestions or need assistance as you continue to explore and utilize our platform, please don’t hesitate to reach out to us at. Users can narrow search results using the filter options and make a PDF copy of the report by clicking ‘Statement’. Vincent and The Grenadines, and moved its domain and trading infrastructure to Switzerland. Awesome didn’t believe it until I was able. Cloudflare DDoS protection ensures uninterrupted trading with robust uptime and no breaches. Security is an important consideration when considering a crypto exchange. The administrators and founders of the Wolf of Trading are professional traders dedicated to the community that they have created. Are you an Apple user. With easy navigation between accounts and sections, managing your trades is as straightforward as rearranging your closet. New players are welcomed with a generous package to get started. We specialise in Crypto and CFD trading, offering a dynamic range of web and mobile platforms tailored to the varied needs of traders. The platform supports bridging assets between different blockchains, including other EVM compatible chains and Aptos.

Important Notice

Our editorial team has hands on experience in investing, trading, and analyzing the crypto market and through our detailed review page you will get a full picture of what we think about different exchanges and brokers. PrimeXBT touts a lot of benefits for its users such as a multi layer security system and anonymous registrations no KYC which is something extremely desirable for many cryptocurrency users who place high regard on their privacy. Before engaging with this website and the services made available through it, you should read all relevant Terms and Conditions, policies, and accompanying documentation which govern the Terms of Use of all PrimeXBT products and services. Past performance is not necessarily indicative of future results. It should also have a detailed goal plan, the cryptocurrencies you are interested in, and the steps you will take to enter and exit positions. 001 BTC and can get you a maximum bonus amount of 1 BTC. 35% Deposit Welcome Bonus – Offer is about to expire, get it now: Sign Up Here. Important to note: PrimeXBT features CFDs Contract for Difference trading, not Spot trading as is the case with the majority of crypto exchanges. It uses safe storage and encryption to keep things secure. Additionally, users can trade Crypto perpetual contracts via the Crypto Futures interface. All these are making it more resilient and safer, with higher economic potential while keeping a small on chain footprint and encouraging responsible UTXO management. At its core, PrimeXBT stands as a comprehensive trading hub, particularly noted for facilitating the trading of popular cryptocurrencies against the US dollar, including key Bitcoin BTC pairs. Maybe some of them will be new for you and you can use it in practice. A FAQ section is available on the PrimeXBT website and is well stocked with articles that provide insights into common issues customers may have. Regulated by the authorities in Cyprus. Following this, the market leader, BTC price recorded a correction of 3. Past performance of a PrimeXBT trader is not a reliable indicator of his/her future performance.

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The Ascent is a Motley Fool service that rates and reviews essential products for your everyday money matters. ” using realistic Dogecoin price predictions from experts and technical analysis prediction charts. While KYC verification isn’t required upon registration, you’ll need to confirm your identity later for certain trades. It appears to have a lot of the same functionality that you have on the desktop platform. For crypto deposits, simply transfer your existing cryptocurrency from another wallet to the exchange’s wallet address. If the margin is almost fully utilised due to the market exposure which was the case as it follows from your explanation, even a slight increase in the spread and associated unrealised loss can trigger liquidation to enforce the margin rule as the account’s margin becomes insufficient to maintain open positions. The remaining 99% of the required funds will be made available by your broker as a loan. PrimeXBT stands out as one of the best leverage crypto trading platforms in the industry. Stay informed with Crypto Adventure our daily news. Most Popular JSE Shares. The Covesting module highlights top traders and their returns, allowing users to invest and create funds rated by capital and ROI. PrimeXBT strongly emphasizes security to protect customer assets and ensure a safe trading environment. So, how do these distinct elements collectively shape the trading experience on PrimeXBT. Most of the people who got into the crypto space were through trading, unlike me, who got involved due to crypto scams. These include fan lines, Fibonacci, retracements, and other trend lines. In order to access Crypto Currency Services, you need to open an account with Baksta through the trading platform and accept Baksta’s Client Agreement. Investors can leverage profit opportunities by understanding cryptocurrency arbitrage while managing associated risks. All traders are advised to implement proper risk and money management procedures. If I was the developer of Chainlink, I would probably call it Skeleton Key – because not only does it offer secure access to all the blockchain networks, it can also connect smart contracts with external data sources, such as Stock prices or even sports scores.