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Technologies

Top 5 Competitors and Alternatives to Verum Coin

Verum Coin (VERUM) is steadily gaining traction in the cryptocurrency market, offering innovative solutions and high transaction security. However, it faces competition.

Let’s take a look at the top 5 alternatives and competitors to Verum Coin that have already established significant positions in the industry.

Ethereum
Description: Ethereum is a smart contract platform for decentralized applications (dApps). Founded by Vitalik Buterin, Anthony Di Iorio, Mihai Alisie, and others, it was launched in 2015. Ethereum is widely used for developing and deploying smart contracts and decentralized applications on the blockchain.

Category: EVM, Layer 1
Chains: Kardia, Meter Mainnet, Moonriver, Sora, TomoChain
TVL: $131,845,433,444
Twitter Followers: 3,438,171
Discord Followers: 41,049

Binance CEX
Description: Binance is the world’s largest cryptocurrency exchange by daily trading volume. The platform offers services for both centralized exchange (CEX) and decentralized finance (DeFi).

Category: CEX, DeFi
Chains: Algorand, Aptos, Arbitrum, Avalanche Mainnet, Base, and 16 more
TVL: $115,887,994,556
Twitter Followers: 11,912,425

Lido
Description: Lido provides liquidity for staked assets with daily rewards and no lock-ups. The platform supports Ethereum, Solana, and Terra, allowing users to earn staking rewards without locking up assets.

Category: Cosmos Ecosystem, DeFi, Infrastructure, Layer 1, Liquid Staking
Chains: Binance Smart Chain, Cosmos, Ethereum Mainnet, Moonbeam, Moonriver, and 4 more
TVL: $34,403,258,260
Twitter Followers: 216,643
Telegram Followers: 12,526
Discord Followers: 27,444
Reddit Followers: 7,620

OKX
Description: OKX, formerly known as OKEx, is a Seychelles-based cryptocurrency exchange and derivatives exchange. The platform provides a wide range of trading instruments, including spot and derivatives.

Category: CEX, DeFi, DEX
Chains: Aptos, Arbitrum, Avalanche Mainnet, Binance Smart Chain, Bitcoin, and 12 more
TVL: $20,367,893,204
Twitter Followers: 4,116,582
Telegram Followers: 177,502
Discord Followers: 161,424

Bitfinex
Description: Bitfinex offers an enhanced trading experience with advanced charting functionality, allowing traders to visualize orders, positions, and price alerts. The platform supports trading in cryptocurrencies with extended functionality.

Category: CEX, DeFi
Chains: Algorand, Aptos, Avalanche Mainnet, Bitcoin, Cardano, and 15 more
TVL: $19,675,306,750
Twitter Followers: 935,920

These five platforms are leading players in the cryptocurrency space, offering unique opportunities for users. Despite this, Verum Coin continues to evolve and provide innovative solutions, aiming to carve out its niche among the industry leaders.

Technologies

Updated Verum Messenger: New Design, Enhanced Security, and Built-in eSIM

The Verum Messenger update, including for iPad, is now available in the App Store.

Verum Messenger has introduced its biggest update since launch. The app now runs faster, with a redesigned interface and optimized performance, making it even more convenient and secure to use.

Screenshot Blocking for Maximum Privacy

Security has always been a priority for Verum Messenger. One of the key new features is the complete disabling of screenshot capability within the app. Previously, users could take screenshots, but the other party would be notified. Now, the ability to take screenshots and screen recordings is fully blocked. This applies to all sections of the app: personal and group chats, chat lists, and contacts. This measure is aimed at preventing unauthorized sharing of confidential information and provides an extra layer of protection for users.

Built-in Global Mobile Internet and VPN Feature

In addition to the built-in VPN, which ensures a secure and private connection, the new version introduces an eSIM feature with global internet coverage. Users can now connect to mobile internet without needing a physical SIM card or Wi-Fi networks, anywhere in the world – even on airplanes! This is especially convenient for travelers and those who value flexibility and anonymity.

The updated version retains and enhances key features:

Recovery Key: Easily restore your chats after switching devices.

Group Chats and Channels: Create and manage communities with up to 10,000 members.

Privacy Settings: Control who can contact you.

Quick Account Wipe: Instantly delete all data if immediate protection is needed.

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The Verum Messenger update, including for iPad, is now available in the App Store. Users can update the app and experience all the new features right away.

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Technologies

Verum Messenger: Data Protection at Its Finest

Verum Messenger positions itself as a tool for those who value privacy and security above all.

Verum Messenger stands out from other messengers thanks to its approach to security, anonymity, and innovations in communication. 

Here are some key aspects that highlight its uniqueness:

  • Default encryption: Verum Messenger uses end-to-end (E2E) encryption for all chats, meaning messages are encrypted on the sender’s device and decrypted only on the recipient’s device. This makes it impossible for third parties, including app developers, to access the content of the messages.
  • Anonymity: When registering with Verum, there’s no need to provide a phone number or email. Users simply choose a nickname and password, significantly enhancing their level of anonymity. This contrasts with many other messengers, where anonymity can be compromised through linked personal data.
  • Built-in VPN: An additional layer of protection that hides the user’s IP address, making their location and internet activity less trackable.
  • Data control: Users can set messages to be automatically deleted after a specified time, ranging from a few seconds to a week. There’s also a quick deletion feature for all chats, calls, and even contacts, which is useful for maintaining privacy.
  • Large groups: The ability to create chat rooms with up to 10,000 participants makes Verum attractive for organizing large events, discussions, or communities while maintaining a high level of security.
  • Security innovations: Verum actively develops technologies aimed at protecting user data, as seen in their documentation and discussions online. This includes not only technical solutions but also approaches to data minimization, which reduces the risk of leaks.
  • Feedback and discussions: On platform X (formerly Twitter), discussions can be found where users and experts praise Verum for its approach to anonymity and security, although questions are raised about how much anonymity can truly be guaranteed in an age of modern tracking and de-anonymization technologies.

Verum Messenger positions itself as a tool for those who value privacy and security above all. Its innovations in encryption, anonymity, and data control make it an intriguing choice for those seeking alternatives to traditional messaging platforms. However, as with any technology, it’s important to remember that absolute anonymity on the internet remains a complex challenge, and users should be aware of potential risks and limitations.

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Technologies

Verum Coin Debuts on XT Exchange, Broadening its Reach in the DeFi Space

A Strategic Listing Enhancing Verum Coin’s Visibility

In a significant development for the decentralized finance (DeFi) sector, Verum Coin (VERUM) has been officially listed on XT Exchange. The new trading pair, VERUM/USDT, is now available in the exchange’s Innovative Zone, marking a pivotal expansion for this digital asset into the DeFi ecosystem.

A Strategic Listing Enhancing Verum Coin’s Visibility

The addition of Verum Coin to the XT Exchange is seen as a strategic move to enhance the accessibility and liquidity of VERUM among traders who are keen on exploring innovative digital assets. XT Exchange, known for its robust platform supporting a wide variety of cryptocurrencies, provides an ideal environment for fostering growth and ensuring the broad reach of new tokens.

Albin Varin, CEO of XT Exchange, expressed enthusiasm about the new listing, stating, «We are delighted to welcome Verum Coin to our platform. This listing reflects our ongoing commitment to providing our users access to innovative digital assets that transform the landscape of global finance.» This comments underscore the exchange’s focus on integrating cutting-edge technologies and financial instruments that have the potential to redefine the market.

About XT

Founded in 2018, XT Exchange serves more than 7.8M registered users, over 1M monthly active users, 40+ million users in the ecosystem, and more than 800 tokens with 1000+ trading pairs. XT crypto exchange offers a rich variety of trading categories to provide a secure, trusted, and intuitive trading experience for its large user base. This includes crypto futures trading (USDT-M Futures and coin-M futures perpetual contracts) and copy trading that allows users to replicate top traders in real time with just one click. Additionally, the futures grid allows users to automate the buying and selling of futures contracts for profits.

Future Prospects

With its new position on XT Exchange, Verum Coin is expected to attract a broader audience, enhancing its trading volume and market presence. This could potentially lead to increased stability and recognition as a viable player in the DeFi space. For investors and users of XT Exchange, this addition provides a fresh avenue to diversify portfolios with a cryptocurrency that is positioned at the intersection of innovation and financial evolution.

The listing of Verum Coin on XT Exchange not only highlights the ongoing expansion of cryptocurrency markets into new areas like DeFi but also illustrates a growing recognition of digital assets that offer promising technological advancements and financial opportunities. As the crypto market continues to evolve, partnerships like these are pivotal for fostering growth and offering users access to the next generation of financial tools.

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