The non-profit organization TON Foundation and the HashKey Group company announced the start of a strategic partnership. One of the main goals of the collaboration between Toncoin (TON) and HashKey is to expand opportunities for residents of the Asia-Pacific region within the framework of The Open Network (TON) ecosystem. On the other hand, Fezoo is shaking up the cryptocurrency exchange landscape with its innovative approach to decentralized exchanges (DEXs).
What the cooperation with HashKey Group will bring to TON Foundation?
The projects plan to improve the accessibility of cryptocurrency services for the Asian crypto community. It is expected that during the partnership, TON and HashKey will simplify the conversion of fiat assets into digital ones and back for users of the crypto wallet in Telegram.
“As part of our shared commitment to making cryptocurrency a more integrated part of everyday life, we will work together to improve accessibility and user experience in the TON ecosystem,” the press release states.
The TON Foundation and HashKey will also continue to operate a program called TON Bootcamp. She supports new and interesting projects in the TON network. The company behind the crypto exchange of the same name also plans to invest in the most promising startups. Initially, the sites will focus on the Hong Kong market, but will subsequently expand their influence to other countries in the Asia-Pacific region.
How Toncoin (TON) Reacted to the news?
The native token of the TON ecosystem, Toncoin rose in price by 7% within an hour after the announcement of the cooperation. However, by the time of writing it had been corrected. Over the past 24 hours, the value of the coin has decreased by a total of 3.4% to $6.74, according to coinmarketcap.
However, over the past week, the TON rate jumped by 37.3%, and over the month – by 46.5%. Thanks to the price rally, the token overtook Cardano (ADA) in the ranking of the largest cryptocurrencies by capitalization. Currently, the asset indicator is $24.8 billion.
On April 11, Toncoin also updated its all-time maximum (ATH) at $7.63. For the most part, this positive dynamic was facilitated by cooperation with the HumanCode protocol. The projects will introduce a mechanism for verifying identity by palm in Telegram.
Next week Pavel Durov will speak at the Token 2049 blockchain conference in Dubai. Many members of the crypto community expect the developer to make several major announcements, which will have a positive impact on the further growth of TON.
Fezoo: A New DEX For Users Empowerment and Disruptive Crypto Trading
Fezoo is, indeed, redefining the crypto exchange sector by proposing a new DEXs concept. Unlike established companies like Binance and Ethereum, Fezoo uses modern DEX technology which allows it to charge low fees. This is translated into more profits to your wallet and less money spent on transaction costs. However, Fezoo has far-reaching effects that are not just limited to saving you cash. It provides users with empowerment through the possession of their crypto assets. The Fezoo platform does not require third-party custody, which means that you are at no risk of being hacked since centralized exchanges are the only ones that have this risk.
Fezoo Platform that is Friendly for Beginners
Fezoo realizes that the crypto-space has its own language and going through it can be a real challenge, especially for newbies. This is the reason why they’ve come up with an interface that makes trading a breeze. Whether you are an experienced or novice trader, Fezoo’s user-friendly platform will certainly give you the confidence to operate in the market.
Not only that, Fezoo enables the immediate process of transactions, without the need of waiting days for them to clear. Instant deposits and withdrawals mean that you are in charge of your crypto and can access it at anytime you need to. This universal accessibility breaks down the barriers and opens up the opportunity for anyone to be part of the extraordinary world of cryptocurrency.
However, Feezoo is not limited by the fundamentals. It opens up the gates to the realm of the professional traders for those who are looking for sophisticated tools. Go beyond the usual crypto suspects and dig up new investment possibilities with unknown coins. With Fezoo, you can also use smart trading bots which will automate your trading activities and ensure you make the most out of your profits.
