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Fans At Miami Heat Season Opener Received A Free Cryptocurrency NFT

FTX, a crypto company, recently entered into a $135 million deal to rename the Miami Heat’s NBA Arena FTX Arena until 2040. That was quite bold for a company that is less than three years old. During the opening game at the arena against the Milwaukee Bucks, fans were in for a surprise.

NFT Gift

Each fan who visited the arena for the opening game received a free t-shirt from FTX, which is a regulated crypto company in the US. However, these were not just any shirts. Each shirt had a QR code on the back. If a seated fan scanned it, they unlocked a limited edition FTX Arena NFT gift. According to a tweet by FTX, every seated attendee at the game would receive a “You In, Miami?” T-shirt.

Besides that, those seated in a special sector of the game were given $500 in free cryptocurrency. This was later confirmed when FTX retweeted a Tweet by Pompliano, a well-known figure in the crypto sector. It was revealed that FTX had signed a $135 million deal with Miami-Dade County to rename the Miami Heat NBA arena to FTX Arena until 2040. For such a young company, that was quite a deal.

Why This Matters

Sports arenas are one of the common meeting points for people from different segments of society. Whether watching at home or the arena, the FTX branding will no doubt reach millions of people. While the $135 million sponsorship deal might seem a bit much, it could pay off in a big way. Cryptocurrency trading is still in its infancy and there is room for continued growth.

By providing customers with an option to try crypto trading while they watch their favorite sport, it could reach millions who have not heard of digital assets before. For the cryptocurrency world, this is a great move that could have a far-reaching impact when it comes to improving adoption.

About FTX

FTX is a regulated cryptocurrency derivatives exchange that also offers traders access to leveraged products. It was launched in 2018 by Sam Bankman-Fried, an MIT Graduate and former Jane Street Capital international ETF trader. The platform offers traders access to a wide range of products that include derivatives, options, leveraged tokens, and volatility products. Traders also have access to spot markets in over 100 different trading pairs such as ETH/USDT, XRP/USDT, and BTC/USDT.

Its platform can be accessed via its desktop portal or mobile apps for iOS and Android devices. FTX is designed as a crypto trading platform for beginners and seasoned traders. There are numerous order types supported on this platform. It offers traders competitive fees that range from 0.07% to 0.04% depending on the trading instrument. FTX also supports a wide range of currencies such as EUR, USD, AUD, GBP, CAD, and CHF.

International traders can access its services via its international platform, while US traders can use its services via FTX US.

Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. The information has been obtained from sources we believe to be reliable; however, no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. Authors may own the cryptocurrency they discuss. The information and content are subject to change without notice. Visionary Financial and its affiliates do not provide investment, tax, legal, or accounting advice.

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The post Fans At Miami Heat Season Opener Received A Free Cryptocurrency NFT appeared first on Visionary Financial.

XRP Price Attempting to Get Back In Track, Is Now A Double-Digit Figure Target In Place?

The post XRP Price Attempting to Get Back In Track, Is Now A Double-Digit Figure Target In Place? appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide Ever since the Ripple has fallen into a legal well against SEC, XRP price appears to have been more strong and more independent. Woefully, the::Listen

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The post XRP Price Attempting to Get Back In Track, Is Now A Double-Digit Figure Target In Place? appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide

Ever since the Ripple has fallen into a legal well against SEC, XRP price appears to have been more strong and more independent. Woefully, the asset went inversely parabolic to yet again hit the lower support levels. Moreover, the asset plunged below this support level that initially pointed out towards a bearish trend. Yet a quick reversal and consolidation assisted the price and prevented further plunge.

The asset that remained much passive for a pretty long time, jumped out of consolidation and registered a huge spike in the trading volume. After a prolonged downtrend, XRP price initiated with a flip that could march the asset towards its next resistance very soon.

The asset was pretty much close to its immediate resistance levels around $1.2, yet the past week slump trembled the plot. The XRP price declined below $1 amid the plunge that the asset is trying hard to regain. However, it is mandatory for the price to not only range beyond $1 but also surpasses the resistance levels at $1.2. And hence a substantial uptrend may be confirmed.   

Yet this may not point out towards the resumption of a bull run as the barrier still reside close to $1.4 to $1.5 levels. And a successful breach through these levels should pave way for the asset to range above $2. Conversely, the RSI in long term manifested a downtrend which may flip any moment and begin with the uptrend soon.

Also Read : XRP Price Is Gearing Up For A 10X Price Surge In The Q1 Of 2022!

Fans At Miami Heat Season Opener Received A Free Cryptocurrency NFT

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