Blog Post

Hotbit is Listing CREDIT, Africa’s Most Promising Cryptocurrency

Iulian Lesanu • July 31, 2020

TerraCredit is on a mission to circulate the cryptocurrency market and help the unbanked and unfortunate without competition. Hotbit announced bringing CREDIT onto its platform, whereby the official launch will be on August 3.



However, depositing CREDIT on the platform will open on July 31, while trading will open as of August 3. CREDIT will be trading against USDT, to begin with, hoping to increase the trading pairs as time goes by.

Terra Credit has been vigilant about its worldwide adoption, and soon, CoinPayments will list the coin. CREDIT has a long way to go, and this is just the beginning of a bright future for the currency.



Why Choose CREDIT?



Besides its focus on reaching the world’s unbanked, CREDIT aims to be a cash alternative, a reward token, a long-term investment option, and a cryptocurrency. Looking into CREDIT’s features on a more intrusive level will help you understand the benefits of having it as your crypto of choice.

  • Safe from 51% AttacksEvery new crypto has to deal with this issue from its inception. Security is on everyone’s mind, and you want to be sure that your digital assets are safe. The ecosystem has over 12,000 miners devoid of competition as it is in a PoW protocol. For this reason, such attacks are impossible.
  • Accessibility: Terra Credit has come up with a variety of wallets for every user. Currently, there are IOS, Raspberry, Windows, Android, Web, and Terrabit. Terrabit is a mobile application that allows you to have your wallet wherever you go. Most of these wallets allow CREDIT auto-staking after an 8-hour maturity. 
  • Low Transaction Costs, Fast Transactions: Terra Credit does not sacrifice speeds for security. The ecosystem enables 1-minute speeds working towards making the transactions under a second. Costs are below 0.00000003 USD for all transactions globally, saving funds for you. Instant transactions are available with 0 confirms. 
  • Rewards: There are several exciting components to earn from CREDIT, such as Masternodes and staking rewards. The network supports a MiniPOS wallet is a smartphone wallet that eliminates the need for a PC to earn staking rewards. However, all other wallets support staking as well.



These are a few of what CREDIT offers you as a holder and user of the ecosystem as the list is seamless and ever-growing. Currently, CREDIT is introducing its swap feature, which will facilitate the exchange of CREDIT for others at a predetermined rate.



Advantages of CREDIT on Hotbit



Hotbit is a centralized exchange platform offering over 50 trading pairs and among the top 50 exchanges in terms of the trading volume. It supports usability on different devices while ensuring availability in various languages as per its customers.



CREDIT is bound to benefit mainly from the listing by its market availability through the vast exchange platform. Hotbit strives to meet Wall Street type of standards providing the best market analysis backed with high liquidity. It will facilitate 24/7 services with their support team on standby for any assistance. 



Through Hotbit, CREDIT is guaranteed a sound security system with the help of two auditing teams, including SlowMist and Beosin. The two are accountable for monitoring any security threats and technical glitches within the exchange platform. 



About CREDIT



CREDIT is an African-native cryptocurrency launched by the Terra Foundation, a South African company. Previously, it was a PoS/PoW hybrid but fully transformed into a PoS protocol. It offers you a chance to earn passively through staking without any completion and saving your energy costs.



CREDIT’s objective is to reach the world’s unbanked to tap the potential of the investment that lies dormant due to the inaccessibility of banking and other financial services. Realizing the extensive use of mobile devices is a vital force to the integration of a range of wallets to cater for everyone’s needs. As per Terra Foundation’s Founder, Dan Ronchese, the only way to issue crypto into the global payment system is to access all users.


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.  
By Press Release April 7, 2025
DeflationCoin formally launched a groundbreaking cryptocurrency with the purpose of fixing the economic and technological shortcomings of Bitcoin and Ethereum. The team is introducing a hard cap on the total supply with algorithmic deflation, smart staking, and more features. From this point of view, the DeflationCoin team built this project to propose the first crisis-resilient digital asset — able to endure financial turbulence, political disruption, and systemic debt risks.  In essence, DeflationCoin introduces a whole new economic paradigm: the Minus Layer-1 (-L1) blockchain. DeflationCoin's platform innovates well beyond the sphere of the blockchain; it addresses global issues such as inflation and devalued currencies. Supported by a tongue-in-cheek developer with the nickname "Father of Satoshi Nakamoto," DeflationCoin has high ambitions. This project is making a serious real-world economic proposal with revolutionary systemic architecture. Fixing Bitcoin: A Deflationary Vision Fundamentally, DeflationCoin introduces a whole different economic model: the Minus Layer-1 (-L1) blockchain. DeflationCoin comes with a total cap of just 20,999,999 tokens and no future issuance, it guarantees zero inflation. In addition to limiting inflation, there's also deflation. This is a mechanism that increases the value of money by reducing its supply, unlike inflation which does the opposite. DeflationCoin’s team points out that Bitcoin’s halving only slows down the issuance rate but doesn’t reduce the number of coins in circulation. It has decelerating inflation (or “disinflation”), which is different from deflation. DeflationCoin features an innovative mechanism called “Deflationary Halving.” Unstaked coins are burned daily, with the burn rate doubling each day. The only way to preserve assets is to move them into smart staking. Here, coins are protected and generate yield from actual ecosystem revenues (and not inflationary minting, like in Ethereum and Solana). Smart Staking: No More Emotional Selling DeflationCoin's smart staking isn't a lock-and-earn system; it's a behavior filter. Users stake coins for 1-12 years and remove the likelihood of selling on a whim. Staking long-term boosts staking multipliers and grants voting rights in governance decisions. Unlike inflationary staking, rewards in DeflationCoin stem from real revenue. Its economy includes zero-fee exchanges, learning-based gambling components, meme-token trading pits, and more. This whole design feeds profits into a buyback and redistribution system. These smart dividends are paid on a monthly basis to long-term staked coins, not through the minting of new coins. The longer the lock-up, the bigger the reward multiplier. No Correlation to Bitcoin Traditional cryptocurrencies collapse in unison during bear markets. DeflationCoin is built to resist that. Its systems—including smooth unlocking and automatic buybacks of tokens during market downturns—help maintain price stability and preserve value. More details on this matter are available on DeflationCoin’s website and on its whitepaper . A Better Economic Model DeflationCoin openly criticizes inflation-prone models such as Solana and Ethereum. These coins have unlimited issue or inflationary staking. As the team puts it, even cryptocurrencies with capped supply, such as Bitcoin, suffer from economic issues, such as the fact that they lack an actual ecosystem. Instead, DeflationCoin reverses this reasoning with: Deflationary Halving: In contrast with Bitcoin’s halving of inflation, DeflationCoin’s burn mechanism literally reduces circulating supply daily. Smart Fees : The project’s fees include built-in affiliate marketing. This cryptocurrency aims to grow as fast as top exchanges thanks to this integrated referral system. No Mining: Direct investment of capital into expanding the ecosystem instead of computation-intensive mining. An Ecosystem Built around the End-User: DeflationCoin intends to focus on mass-market products that people can purchase, giving real utility to the user. A Digital State The long-term vision is bold: a deflationary online state with diversified revenue streams, integrated meme culture, and democratic governance via Proof of Deflation (PoD). PoD introduces merit-based proposals, voting weight based on staking duration, and a founder veto for strategic alignment. Every part of the project—from games to dating apps to trading platforms—feeds the economic engine that supports DeflationCoin. Profits are used to buy back tokens, half of which are burned, and the rest are distributed to loyal stakers. About DeflationCoin DeflationCoin is the world’s first cryptocurrency built on real deflationary economics, featuring mechanisms that protect against panic selling and price crashes — enhanced by next-generation meme marketing. Here are the project’s key takeaways: A hard-capped supply of 20,999,999 coins Daily smart-burning of idle coins Smart staking with 1–12 year lockups Smart dividends paid from ecosystem revenues Deflationary halving system Zero mining, zero inflation A growing ecosystem of real products The project comes from the humorous but mysterious "Father of Satoshi Nakamoto" and has a fully KYC-verified team. DeflationCoin sets out to challenge Bitcoin’s dominance with superior tokenomics and real-world relevance. Anyone wishing to know even more about DeflationCoin can visit the project’s website , read its extensive whitepaper , and check out its presentation video . The social media pages below are a very good way to keep in touch with this ambitious team. X (Twitter) | Telegram | LinkedIn | YouTube
By Marius Bogdan Dinu April 4, 2025
The body content of your post goes here. To edit this text, click on it and delete this default text and start typing your own or paste your own from a different source.
By Press Release April 4, 2025
Rise confirms its reputation as one of the world’s leading hybrid payroll platforms with new and revolutionary solutions. Its Employer of Record (EOR) is the only payroll service allowing employees to earn payments in either fiat or cryptocurrency. This exclusive feature is just one of the many reasons behind Rise's stellar development, which recently helped the company surpass $500 million in total payroll volume paid to global teams.  Why Rise’s EOR Trumps the Competition An Employer of Record (EOR) is a service that enables businesses to hire and manage employees in foreign countries without establishing a local entity. It also acts as the legal employer in those respective jurisdictions and handles administrative and compliance-related tasks. EOR is an excellent solution for companies operating with overseas contractors and employees, as it allows them to focus on growth and strategy. Navigating international hiring laws and payroll compliance remains one of the biggest challenges for scaling businesses. Hugo Finkelstein, co-founder and CEO of Rise, highlights how modern solutions simplify this process: “Global hiring has always been a challenge for businesses due to legal complexities and administrative burdens. Our Employer of Record services remove these barriers, enabling companies to hire top talent anywhere in the world while staying fully compliant. This is a transformative step toward building a truly borderless workforce.” By leveraging an Employer of Record (EOR), companies can expand globally without setting up local entities—making Finkelstein’s vision of a borderless workforce more achievable than ever. Rise has established a solid position in the international workforce payments industry from its early days. The company is renowned for streamlining payments and compliance tasks, helping businesses worldwide pay their contractors and teams in local currencies. However, innovation is key to remaining relevant and thriving in this increasingly competitive sector. That's why Rise created a unique Employer of Record that stands out from the services delivered by traditional payroll providers. Rise's EOR goes a step further by offering payments in both fiat and cryptocurrencies, including stablecoins, such as USDC. This feature is a game changer for companies that regularly use blockchain technology and digital currencies. It is equally important for contractors, teams, freelancers, and other cross-border employees, who can withdraw their earnings in their preferred currency. Notably, Rise allows you to withdraw in one of 90+ fiat options or over 100 cryptocurrencies. Rise owns numerous entities in the United States, United Kingdom, and Canada, helping businesses employ talent without navigating complex labor laws or setting up costly local subsidiaries. Moreover, the company plans to expand to over 60 countries by the end of 2025. Rise's EOR service includes several perks for employers. The company takes care of the formalities involved in hiring overseas talent, such as KYC, AML, taxes, and employment contracts. Businesses can use this service to fund payroll in US dollars or USDC stablecoin and set up payments according to local requirements. Lastly, employees can withdraw earnings in the local currency or cryptocurrency. The addition of crypto payments to Rise's EOR service means Rise can ensure compliance with local regulations while providing payroll flexibility and competitive employee benefits. Ultimately, Rise's EOR caters to the increasing number of companies using modern global teams and reflects the growing adoption of crypto payments in the workforce. About Rise Rise is a hybrid payroll and international contractor payment platform designed for global teams with distributed workforces. The company provides several effective solutions to simplify payroll and cross-border payments while ensuring business compliance with laws and regulations in foreign jurisdictions. Rise operates in 190 countries and provides several other services besides its unique Employer of Record solution. The company's offer for globally expanding businesses includes Direct Payroll, accounting, cryptocurrency integrations, and advanced crypto payment options. After reaching $500M in payroll processed, Rise aims for $1 billion in total payouts, further cementing its reputation in the workforce payments industry. Follow these official links to learn more about Rise and its services: Website | Rise’s EOR | (X) Twitter | YouTube |
By Press Release April 3, 2025
RXR Highlights
Show More
paper_plane

NEVER MISS AN ARTICLE!

Sign up and stay up-to-date about what's happening at our site.

Share by: