8V-Global Digital Asset Exchange with Metaverse

By Shehara | Cryptonology | 12 Apr 2022

The Crypto market has attracted the attention of global investors despite the traditional method of business techniques. There is a large demand for crypto exchanges whereas investment programs play a prominent role for cryptos you hold to turn into cash. It is a significant fact that exchanges come up with new faces with new features which is specific to them. 8V can be introduced as one of the impressive and innovative crypto exchanges with metaverse applications for you to make a good exchange for your cryptos.

What is 8V?

8V is established as a world-leading blockchain technical service provider in the UK in 2021 and which is dedicated to building immersive, social and real-time metaverse ecological modules. It mainly focuses on digital asset trading systems and wallets, the company created a technical services-traffic-commercialization industrial circular. Furthermore, 8V is happier to be crowned as the first-ever metaverse exchange which is so impressive to learn more about it.

8V.com is well established with the collective efforts of a group of experienced professionals in exchanges, media and blockchain. The reliability, security, higher privacy, efficiency and easy use are the key features of 8V while it is dealing with virtual financial trading services to users in over 200 countries.

How it Work?

The platform is mainly divided into administration access and operational access. The Administration access allows the users to modify their rights instead directly managing the assets. Operational access refers to the activities such as transferring assets. It mainly focuses the providing its services of high quality to make sure the enhancement of competitiveness and security. The best thing about 8V is, that it has the layered cryptographic key management where all the private keys are stored offline and they are linked to your smart mobile phone to have access anywhere.

Metaverse vs 8V

Metaverse is the new face of the technology which is trading in the world for its application for business developments. It has utilised new technologies such as Augment Reality (AG), Virtual Reality (VR) and 3D technologies. Metaverse cryptocurrencies were born as a result of the huge demand for buying, selling and trading digital assets. 8V creates the digital universe acting as the digital asset service provider for metaverse coins. in essence, V8 has the trading facilities for the number of meta coins not limited to as follows;

● GALA

● DEGO

● BNX

● CHZ

● RARE

● HIGH

● RNDR

● MC

● THETA

● WIN

Trading Mechanism

Users have been looking for new ways of trading cryptocurrencies while the market grows with new assets and technologies. In traditional exchange, the buyers and sellers agreed to buy and sell their assets for a predetermined price in future. The sellers are required to sell their assets before the expiry date if not the contract is self terminated. 8V has the future perpetual option to ensure the prices of the future equilibrium which has the absolute proximity to the prices in the spot market with the use of the pricing formula in the platform. To avoid the considerable losses in the market, 8V has introduced take-profit orders (T/P) and stop-loss orders (S/L) to prevent liquidation. In case of price is not able to reach the limit price, the take profit order is not encouraged.

A stop-loss order is an order placed to buy or sell cryptocurrencies when it reaches a certain price. Most traders use take-profit orders in conjunction with stop-loss orders to manage their open positions.

Legal Certification

It is of the utmost important fact that the crypto exchanges should comply with legal regulations to ensure their transparency and legally acceptance. In terms of 8V, Leading countries as such US and Canada have issued the Money Services Business (MSB) certifications which allow 8V to conduct its crypto trading services. It guarantees the security and transparency of users’ personal information and digital assets with optimum usage without any disturbance.