Shrimpy Announces Futures Trading, New Exchange Integrations, and DeFi Venture

News • August 10, 2021

Trading in the cryptocurrency market can be a hectic activity, particularly for novice users unfamiliar with its concepts. Due to this reason, developers continue to design innovative and advanced solutions that will make crypto trading easier while simultaneously providing informative trading materials that users can utilize.

Shrimpy employs the same idea, and for three years now, users are leveraging social trading and portfolio rebalancing tools to generate profits. Through Shrimpy's long-term automated strategy, users have gained confidence in digital asset trading while allowing the platform to grow into a reputable ecosystem.

This article will cover Shrimpy’s newly launched futures trading, DEX trading, and exchange integrations.

Shrimpy Futures Trading

As mentioned earlier, Shrimpy has the goal of improving the crypto trading experience for its users. After completing the development of a Futures Trading option, a highly sought feature in the crypto market, Shrimpy rolled out the feature on July 19, 2021. In short, futures trading involves predicting the prices of digital currencies without actually owning them.

It presents an arena where anyone can bet on the future price of a cryptocurrency despite the volatility risks involved. This feature is now available on Shrimpy after receiving numerous requests from users worldwide.

According to a blog post, introducing the futures trading solution is complex, which is why it designed the following rollout procedure:

A futures portfolio monitoring option that marks the first rollout stage was enforced on March 30th, 2021. Here, Shrimpy can view the futures trades and balances a user is making in an exchange. After that, the platform posts the trader's performances similar to what is done in a spot trading scenario. Futures portfolio monitoring is available on Binance exchange at the moment, and traders will not be able to conduct any trades in the futures market during the first stage.
The second stage will allow manual futures trading on Shrimpy's trading dashboard. It is projected to launch in Q3, 2021
Social Futures trading is the third stage which will let followers execute the same futures trades made by leaders. However, the option is yet to be determined, and in some instances, the follower may not take the same trading approach from a leader.
The final stage will activate futures trading through rebalancing. This option is still also on the table, awaiting an implementation decision.

How to Start

Users can enable futures trading on Shrimpy by following these steps:

Users must first initiate a futures trade on Binance exchange which then presents a list of questions that need to be answered. At this point, the futures trading option on a Binance account is unlocked.
Come up with new API keys and enable the futures trading permission while creating the keys.
Click on the "update keys" option on Shrimpy to update the newly formed API keys.
Using the new Binance account with updated API keys, head over to the dashboard and select the "manage portfolios" option.
Complete by clicking on the "enable futures trading" box. From here, Shrimpy will start monitoring your futures portfolio.

It is important to remember that when creating new API keys, users should refrain from using the "delete keys" function as it can lead to loss of data for the respective exchange account.

Venturing into DEX Trading and Other DeFi Services

Shrimpy continues to onboard exchanges on its network, most of which are centralized platforms. Among the exchanges running on the social trading network include Binance, Gemini, Kraken, Bitstamp, Bitfinex, OKEx, Huobi, Poloniex, Bittrex, Coinbase Pro, and Binance US.

In a bid to expand further into the crypto sphere, Shrimpy organized a fundraising round in mid-July 2021 with the purpose of raising resources to tackle the innovative decentralized finance (DeFi) ecosystem. The platform plans on fulfilling this mission in collaboration with notable partners such as Plug & Play Ventures and Oriza Ventures.

Following the growing demand for DeFi products and services, Shrimpy has laid down a framework that seeks to provide yield farming, DEX trading, lending, and third party wallet connections. Radar Relay's CEO Alan Curtis will also play a crucial role as Shrimpy's advisor in assisting the platform with heading into the DeFi market.

Upcoming Exchange Integrations

Shrimpy anticipates adding several exchanges to its network. Below is an outlook on the trading platforms set to feature on Shrimpy:

Crypto.Com

The goal behind the launch of Crypto.com in 2016 was to promote financial independence to its users. It is an innovative trading platform developed by Kris Marszalek, who intended to bring a full-service trading experience to millions of users. Crypto.com contains an easy-to-use interface that can be used by any trader, whether experienced or not. Furthermore, users incur minimal trading fees when attempting to buy or sell digital currencies.

A Crypto Earn feature is also available for users to secure lucrative interests on their crypto holdings. In terms of security, Crypto.com uses Amazon Web Services to safeguard its infrastructure and a cold storage option that stores digital assets in an offline location.

FTX

FTX is a highly popular cryptocurrency derivatives exchange founded by Sam Bankman-fried in 2019. It represents one of the largest cryptocurrency exchanges in the world, ranked fourth on CoinMarketCap’s exchange leaderboard based on trading volume.

Users can choose to trade with an interface they prefer since FTX offers a market interface and an OTC portal. FTX enables users to leverage limit orders, stop-limit orders, market orders, and stop-market orders within the course of their trading activities.

ByBit

ByBit is the third crypto exchange platform that Shrimpy looks forward to supporting. The platform functions as a derivatives margin trading ecosystem launched in March 2018. It features a high-performing matching engine with an estimated rate of 100,000 TPS. Moreover, the trading fees at ByBit are relatively cheaper because market makers incur a 0.025% charge while takers incur 0.075%.

The Approaches Taken to Integrate Exchanges

Shrimpy follows specific criteria which decide on the exchange integration process. Some of these guidelines include:

1. An exchange's reputation - This is determined through blogs, online searches, or community reviews.

2. Effective security solution - Shrimpy will only feature those exchanges with adequate security measures in place

3. A reliable customer support system - These include supportive staff members who can handle any concerns from customers or Shrimpy when participating in the integration process.

4. Liquidity- Shrimpy advises that an exchange should have higher liquidity to handle significant volumes of trades.

Conclusion

The crypto trading experience on Shrimpy continues to dive deeper and improve gradually as it integrates more features. By using the futures trading strategy, users can earn an income from predicting the future prices of assets. Supporting exchanges make it convenient for users since one can easily buy/sell cryptocurrencies within Shrimpy's network.

Tapping into the decentralized financial crypto segment will also attract more users who seek to interact with DeFi products. Combining all these tools and platforms in an automated trading system will ultimately give Shrimpy the upper hand to thrive in the rapidly evolving crypto market.

< Older Post Newer Post >

Mail

Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. None of the content on Crypto Folds is investment advice nor is it a replacement for advice from a certified financial planner. Please do your own research before purchasing or investing into any cryptocurrency.

Bitcoin Mining × Dogecoin × XRP: hashj cloud mining Launches a “Tri-Mine Cloud Engine”—Three Assets, Zero Hardware, One-Tap Earnings

By Press Release • July 6, 2025

As search interest in “bitcoin mining,” “dogecoin,” and “XRP” reaches new highs, green-energy provider hashj cloud mining is answering with one unified solution. The new Tri-Mine Cloud Engine lets users mine BTC, DOGE, and XRP inside a single dashboard, shifting hash power on demand and delivering triple passive income without any physical rigs. To celebrate the rollout, every new account receives an $18 welcome bonus plus $100 in free hash power. 1 | Why Mine BTC, DOGE, and XRP Together? AssetCurrent CatalystInvestor EdgeBitcoin (BTC) Post-halving supply squeeze; ETF inflows at all-time highsHard-cap scarcity and global consensus—digital gold for inflation hedging Dogecoin (DOGE) Meme culture and social exposure still soaring; energy-efficiency upgrade imminentScrypt energy cut boosts future cloud-mining ROI XRP Regulatory clarity reignites bank-grade on-chain settlement3-second finality & near-zero fees—ideal for daily liquid payouts Industry Data: Glassnode notes a 210 % jump in “dogecoin mining” and 175 % in “xrp cloud mining” searches over the last 90 days, while total Bitcoin network hash rate just hit 643 EH/s . 2 | Tri-Mine Cloud Engine—Four Technical Differentiators AI Tri-Switch™ Scheduler Real-time ROI tracking across 30+ BTC, DOGE, and XRP pools / validator nodes; millisecond routing to the top performer. 100 % Renewable Power Hydro-, solar-, and wind-powered data centers cut carbon emissions by 80 %, meeting ESG standards. T+0 Instant Payouts Daily auto-settlement for all three coins, with Lightning and XRPL fast-withdraw options. DeFi Turbo Plug-In (Optional) Automatically swap daily DOGE/XRP into stablecoins and farm partner liquidity pools for an extra 12–15 % APY . 3 | 60-Second On-Ramp Register at hashj.com ; an $18 bonus plus $100 trial hash power drops into your account. Activate “BTC · DOGE · XRP Cloud Mining” and hit Start —Tri-Mine goes live in under 30 seconds. Manage rewards in real time: withdraw, reinvest, or enable DeFi Turbo—your strategy, your pace. 4 | Platform Snapshot & Roadmap 9.3 million+ active users 96 supported countries/regions 8,000 TH/s+ aggregated hash power 99.99 % global node uptime Q4 2025 milestones: BTC Lightning one-second withdrawals, Dogecoin Energy-Saver v2, XRP direct pay-gateway About hashj cloud mining hashj cloud mining pairs AI-driven allocation with renewable-energy facilities to deliver multi-chain cloud-mining services spanning BTC, ETH, DOGE, XRP, SOL, and more—making high-performance crypto yields sustainable and accessible for everyone. Claim your $18 bonus + $100 trial hash power now and launch Tri-Mine cloud mining: https://www.hashj.com

Angry Pepe Fork Unveils Deflationary Roadmap as PI Network Crosses 60M Users

By Press Release • July 1, 2025

While PI Network officially passes 60 million global users, there's another project that's creating hype with a new trend. Angry Pepe Fork ($APORK) has announced its roadmap and deflationary tokenomics model. This marks a direction toward sustainable growth within the oversaturated market for meme coins. Angry Pepe Fork is a viral meme token with a tiered ecosystem. Its mix involves: Token scarcity Staking rewards in real time, A community-based growth plan through its CommunityFi and GambleFi platforms. It opens the door for a new wave of meme coins based on participation and utility and not speculation. Ecosystem Design: For Scarcity and Utility Angry Pepe Fork has a non-inflationary token supply of 1.9 billion tokens. In fact, launching a token with a fixed supply is a known deflationary move in Web3. A built-in burn mechanism destroys tokens during each game payout on its upcoming GambleFi platform. This dynamic reduces supply in real time, reinforcing value through scarcity. The platform is already distributing rewards during its presale phase. The team promises appealing APY rates for anyone staking tokens, with staking available directly from the presale interface. CommunityFi: Incentivizing Engagement and Growth Angry Pepe Fork’s CommunityFi model also includes a systematic reward mechanism for active contributors. Members get additional $APORK tokens for writing posts, tweeting updates, or promoting word of the project on social channels. This way, this model decentralizes marketing and promotes word-of-mouth adoption, something most meme coins struggle with post their initial launch. A multi-level presale bonus structure incentivizes early participation even more: Bronze Level: 5% reward (from purchases $50+) Silver Tier: 10% (from purchases $150+) Gold Tier: 15% (from purchases $250+) Platinum Level: 20% (from purchases $500+) GambleFi and Roadmap Integration The upcoming GambleFi platform will support gamers wagering $APORK with several on-chain mini games. All game results trigger token burns automatically such that entertainment is coupled with tokenomics. Such a model emulates sustainable models from bigger ecosystems like Binance and Ethereum. The project roadmap outlines: Security audits (formerly carried out by SolidProof) Token release and listing on exchanges GambleFi platform integration Multi-chain bridging to Ethereum, BNB Chain, and Solana Strategic partnerships with Web3's top brands About Angry Pepe Fork Angry Pepe Fork is a community-driven cryptocurrency project aimed at building long-term sustainability and community interaction. CommunityFi, GambleFi, and deflationary tokenomics are its unique core features differentiating it from hype-based competitors. Angry Pepe Fork presents a fixed supply model, live staking, and user-controlled growth mechanics. The team is rethinking what meme coins can provide in 2025 and beyond. The project’s token follows a clear, predetermined allocation. In fact, 25% of the coins will go to marketing operations, while the presale will get 20% of the funds. Moving on, 15% of the tokens will be locked in a treasury, and the same amount will fund staking rewards. The team will set aside 10% of $APORK for community rewards and another 10% for liquidity. Lastly, the remaining 5% will cover exchange and listing operations. One can learn more about Angry Pepe Fork and its token on its official project website . The price of APORK token is currently $0.0269, with the price set to increase in 3 days. The social pages below are also available for anyone interested in joining this online community. X (Twitter) | Telegram

LAXMINT Signs Strategic MOU with Federation of Indigenous Native Peoples in Mexico

By Press Release • July 1, 2025

In a landmark collaboration aimed at empowering indigenous communities through digital technology, Real World Digital Assets (RWAs) and sustainable mining practices, LAXMINT has signed a Memorandum of Understanding (MOU) with the Federation of Indigenous Native Peoples in Mexico (Federación de los Pueblos Originarios Indígenas, FEPOI). FEPOI, representing over 1.5 million members across more than 60 distinct communities and 39 native languages, is committed to unifying indigenous tribes within a civil framework to enhance social inclusion and economic prosperity. Through this strategic partnership, FEPOI will act as the South American representative for LAXMINT, facilitating community inclusion and promoting the ecosystem’s shared vision throughout indigenous populations. The significant agreement was formalised in the presence of His Excellency Sheikh Ahmed Al Ghareeb, Chairman of LAXMINT, and His Excellency Mr. Manuel Neri Ramirez Castilli, President of FEPOI. This signing reflects the mutual commitment of both organisations to uplift tribal communities globally. LAXMINT, known for its transformative initiatives in artisanal and small-scale gold mining (ASGM), will provide essential training, education, and skills to communities, ensuring the development of sustainable mining practices aligned with clear environmental and social objectives. Marisol Pineda Torres, CEO of FEPOI, expressed enthusiasm for this partnership, stating: "This is an incredible opportunity. Blockchain and technology are much needed in these communities, especially where there is significant reliance on internal support and education. Our partnership with LAXMINT is a powerful way to empower our communities in all areas, and we are excited to represent and drive this initiative throughout Mexico and South America." Thanveer Ummer, CEO of LAXMINT, commented: "This collaboration marks an exciting step forward for LAXMINT. While our current gold production focus is primarily on Africa, this partnership extends our vision directly to the artisanal communities of Mexico and South America. It is through collaborations like these that the LAXMINT community will strengthen, sharing resources, knowledge, education, and opportunities for mutual benefit. We look forward to exploring more avenues of impact and cooperation." About LAXMINT LAXMINT is a blockchain-driven ecosystem dedicated to transforming the artisanal and small-scale gold mining sector. By leveraging advanced blockchain technology, LAXMINT aims to empower underserved mining communities through transparent, sustainable, and responsible mining practices. The ecosystem promotes economic inclusion by tokenising real-world assets (RWAs), enabling miners and communities to achieve fair valuation and better market access. LAXMINT’s broader goal is to create a globally recognised standard for verified, traceable, and ethically sourced gold, significantly enhancing economic opportunities and environmental sustainability within the mining industry. The MOU outlines mutual cooperation in several key areas, including: Promoting ethical, sustainable, and responsible ASGM practices Developing traceability, environmental, social, and governance (ESG) standards Creating educational content and comprehensive onboarding programs Establishing technical and digital infrastructure for tokenised RWAs Enhancing economic inclusion and digital empowerment of underserved mining communities FEPOI will manage regional activities such as token distribution, community onboarding, strategic marketing, event management, and forming partnerships with responsible artisanal mining operations. Additionally, significant focus will be placed on CSR activities specifically benefiting indigenous and tribal communities. This strategic alliance between LAXMINT and FEPOI sets a new standard for international collaboration and sustainable development, leveraging cutting-edge blockchain technology to benefit some of the world's most vibrant and culturally diverse communities.

Bety Casino Raises the Stakes: New VIP Program Delivers Exclusive Crypto Gaming Benefits for High-Value Players

By Press Release • June 26, 2025

Bety, the innovative crypto casino and sportsbook platform, unveiled the core pillars of its new highly anticipated VIP Program. Designed to recognize and reward its most dedicated players, the program offers unparalleled benefits for high-rollers alongside substantial rewards for all community members. Premium Perks for Elite Players: High-Roller Welcome Bonuses: New VIP members access a massive 280% welcome package, spread across their first three deposits, totalling up to €12,000. This significantly surpasses the standard €1,200 package, reflecting Bety’s commitment to high-value players (Min. deposit: €200). Accelerated Loyalty Tiers: Bety’s status-based loyalty program (Bronze to Diamond III) rewards every bet. While open to all, VIP players progress faster due to larger wagers, unlocking exclusive cash bonuses, free spins, and bespoke rewards more rapidly. Personalized & Priority Access: VIPs receive tailored promotions, early access to new games and features, higher-value reload bonuses, and dedicated priority customer support. A Program Built on Fairness and Value: "Our philosophy is simple: reward engagement," stated a Bety product manager Hardy Turnin. "While our VIPs enjoy accelerated perks and personalized offers, our core loyalty program is fundamentally inclusive. Every spin, every bet – whether at the slots, tables, or sportsbook – earns comp points and moves every player closer to greater rewards. High-stakes players demand exceptional value and speed, and that’s precisely what our VIP tier delivers." Beyond the welcome bonuses and loyalty program, Bety crypto casino offers a lineup of weekly and surprise promotions to keep things fresh. Other perks offered include a Wednesday reload bonus of 50% up to €500, up to 90 free spins on Friday, Wheel of Fortune spins, and Mystery Lootboxes with surprise prizes. These perks are available to both regular players and VIPS but the VIP often gets personalized offers, early access, and higher-value rewards. ‘’We’ve built the Bety Casino platform to feel like a place where something exciting is always just around the corner. It’s not just about those big wins. It is actually about offering consistent perks, clear rewards, and fun every time you log into your Bety account’’, says a Bety promotion team member Thomas Jacob. About Bety Casino Bety Casino is a crypto gambling platform designed to deliver value, fairness, and entertainment to all players. Whether a player is starting out with casual spins or wants to chase jackpots with huge deposits, Bety ensures that every wager counts. The platform is also home to 10,000+ games, it’s mobile optimized and has one of the best customer support. With competitive bonuses and promotions, Bety is undeniably a platform worth checking out. For more information, follow Bety on social media Website: https://www.bety.com Twitter/X: https://x.com/betyofficial88 Telegram: https://t.me/Betyofficial08 / https://t.me/Betyofficial888 Facebook: https://www.facebook.com/people/BETY/61577217343728/ Instagram: https://www.instagram.com/betyofficial88/ Youtube: https://www.youtube.com/@Betyofficial88 Tiktok: https://www.tiktok.com/@betyofficial0 Kick: https://kick.com/betyofficial88 Contact: inquiry@bety.com