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BLUM
BLUM

Blum price

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About Blum (BLUM)

About BLUM

BLUM is a hybrid cryptocurrency exchange and digital token that was officially launched in April 2024. Its primary goal is to bridge the gap between traditional centralized exchanges (CEX) and the decentralized finance (DeFi) ecosystem.

How does BLUM work?

BLUM uses advanced blockchain technology to support cross-chain trading, allowing users to execute transactions across multiple blockchains without the need to switch networks or manage native token gas fees. This makes BLUM a convenient platform for experienced traders and newcomers alike.

What are the highlight features of BLUM?

  • Cross-Chain Trading: BLUM supports over 30 blockchains, enabling transactions that eliminate the need for intermediaries or complex steps.
  • Hybrid Custody Options: Users can choose between self-custody (using wallets like MetaMask) and Multi-Party Computation (MPC) custody solutions for enhanced security.
  • Gamified Trading: A mobile-first design with gamified mechanics encourages user engagement, making trading more interactive and rewarding.
  • Localized Peer-to-Peer (P2P) Trading: With support for local currencies, BLUM allows users to trade globally while maintaining local accessibility.

Is BLUM coin a good investment?

The future of BLUM is tied to its ability to innovate and adapt to market demands. As a hybrid exchange, BLUM has a unique advantage in catering to both crypto newcomers and advanced traders. If BLUM continues to expand its blockchain integrations, introduce new features, and maintain a high level of transparency, the BLUM coin could experience significant growth in value.

Benefits of BLUM:

  • Accessibility: BLUM makes trading easier for beginners by providing a user-friendly interface and tools like Telegram-based mini-apps.
  • Cost-Efficiency: By eliminating native token gas fees for cross-chain transactions, BLUM saves traders money and time.
  • Security: The platform integrates AI-backed risk management systems to enhance user safety and reduce the risk of fraud.
  • Global Reach: Its P2P trading system supports various payment methods and local currencies, making it an inclusive option for users worldwide.

BLUM emphasizes transparency and security, incorporating advanced features like Multi-Party Computation (MPC) custody and AI-driven fraud detection. However, potential investors should always approach cryptocurrency investments with caution.

Interested to know more about BLUM token growth? Learn more about BLUM coin price prediction.

How to trade or invest in BLUM coin

  • Register on a Crypto Exchange: Sign up on an exchange offering BLUM trading pairs, such as USDT/BLUM or BTC/BLUM.
  • Complete KYC (if required): Most exchanges require identity verification for compliance and security.
  • Buy BLUM coin: Deposit funds and purchase BLUM coin using your preferred cryptocurrency or fiat.
  • Store your BLUM tokens safely: Use a secure wallet, whether on the platform (custodial) or an external wallet (non-custodial).

Who are the founders of BLUM?

BLUM was founded by a team of blockchain enthusiasts and developers with the objective of meeting the growing demand for hybrid trading solutions.

  • Gleb Kostarev, Co-Founder and CEO: Former VP of Binance, expertise in operational strategy and global market development.
  • Vlad Smerkis, Co-Founder and CMO: A marketing and BD veteran who has worked across global brands such as RedBull and Binance.
  • Vlad Maslyakov, Co-Founder and CTO: Expertise in finance, high-frequency trading, and blockchain technology.

Who invested in BLUM?

Significant investors in BLUM include The Open Platform (TOP) and Binance Labs.

BLUM Tokenomics

The BLUM coin operates as the native currency within the BLUM ecosystem, driving functionality, user rewards, and governance. Its design incorporates features to incentivize active participation while ensuring long-term sustainability.

Token Supply and Distribution

  • Liquidity and trading rewards to foster adoption and platform engagement.
  • Project development, supporting innovation and infrastructure upgrades.
  • Community incentives, including staking rewards, P2P trading bonuses, and airdrops.
  • Marketing and partnerships, fueling global awareness and strategic collaborations.
  • Held in a reserve fund to address future scalability and unforeseen needs.

Utility and Value Drivers

  • Fee reductions on the hybrid exchange.
  • Cross-chain transaction incentives.
  • Staking for rewards and governance voting.

How to qualify for BLUM Airdrop?

The BLUM Airdrop is a community-focused initiative designed to distribute free BLUM tokens to users, fostering engagement and encouraging adoption of the BLUM ecosystem. To qualify, users typically need to complete simple tasks such as signing up for the platform, trading a minimum amount, following BLUM on social media, or referring friends.

BLUM Drop Game

The BLUM Drop Game is an interactive, gamified feature designed to engage users and reward them with BLUM tokens. Players complete challenges, earn points, and redeem them for tokens or rewards. It promotes user retention and enhances awareness of the BLUM ecosystem.

Conclusion

BLUM is a forward-thinking project offering tools and opportunities to redefine your trading journey. Learn more through the What is BLUM mini app or compare BLUM token price to Bitcoin price.

Disclaimer

Digital assets involve risks and may not be suitable for everyone. For further details, please refer to our Terms of Use and Risk Warning.

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Learn more about Blum (BLUM)

Discover more on BLUM
Why choose Blum? The all-new hybrid trading platform on Telegram
Given the extremely crowded world of crypto where new projects emerge daily, Blum today certainly stands out as a beacon of innovation and accessibility in the mini-apps space. Designed as a fuss-free Telegram-integrated mini-app, Blum combines the best of DeFi with accessibility. Unfortunately, this strength can be hard to break down for non-Blum users and traders to truly grasp. That's where our handy guide comes in. This article delves into the reasons behind Blum’s growing popularity and examines how it stands out as a compelling alternative in the DeFi space.
Jan 17, 2025|OKX|Beginners
How to buy BLUM: A step-by-step guide to trading BLUM on Telegram
The meteoric rise of Telegram's TON ecosystem has introduced a variety of platforms and tools for trading digital assets natively on the messaging app platform. Of these various trading platforms and exchanges is . Given Blum's seamless integration with Telegram and promises of how it will transform crypto trading, users appear to be flocking to Blum in droves so they can enjoy a Telegram trading experience that's easy, fast, and community-driven. If you believe Blum provides an ideal gateway into the world of memecoin and crypto trading, you'll likely want to get yourself exposed to the platform's native tokens when BLUM inevitably TGE and become tradeable onchain. Although you can't trade BLUM yet, this doesn't mean you can't prepare for it. Here's everything you need to know when it comes to trading BLUM on Telegram.
Jan 16, 2025|OKX|Intermediate
How does BLUM staking rewards work?
Staking has revolutionized the way crypto holders earn rewards, and BLUM coin staking is no exception. Designed to incentivize community participation, BLUM’s staking rewards offer users a way to earn some additional income, while supporting the network. In this guide, we’ll explore what is staking, how BLUM’s staking system works, and how you can start earning rewards by staking BLUM coin.
Jan 4, 2025|OKX
Blum origins: understanding the history and team behind Blum
With millions of active users already actively logging into Blum on a regular basis, Blum has certainly managed to capture a lot of attention as an innovative player in the DeFi space. While some more speculative users are caught up on the excitement of the upcoming BLUM TGE and airdrop, other users are taking a step back and wondering how Blum came to be in the state it is today. Curious about the history of Blum and why it's generating so much buzz? This article explores Blum’s origins, its purpose, and its role as a Telegram-integrated miniapp designed for trading, community interaction, and much more.
Dec 27, 2024|OKX|Beginners
Discover more on BLUM

Blum FAQ

What is cryptocurrency?
Cryptocurrencies, such as BLUM, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as BLUM have been created as well.
Can I buy BLUM on OKX?
No, currently BLUM is unavailable on OKX. To stay updated on when BLUM becomes available, sign up for notifications or follow us on social media. We’ll announce new cryptocurrency additions as soon as they’re listed.
Why does the price of BLUM fluctuate?
The price of BLUM fluctuates due to the global supply and demand dynamics typical of cryptocurrencies. Its short-term volatility can be attributed to significant shifts in these market forces.

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Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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