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Logium, an ambitious newcomer in the crypto betting world, recently underwent a notable refresh to better serve its users
About Logium.
Logium is a peer-to-peer platform where traders can bet against each other on whether the price of an asset will rise or fall. All trades on Rhodium are executed P2P, with up to 5x leverage. The platform does not access users’ funds and only deducts a small fee (up to 5%) from the winning side of the bet, adhering to DeFi’s core values of decentralization, democratization, and transparency. Importantly, Logium does not charge for bet maintenance. regardless of the timeframe, leverage, or position selected. If you are interested in a more detailed outlook on Logium,
What are the changes in Logium V1?
The most significant change in Logium V1 is that the flow of making bets has become much easier. Instead of being overwhelmed by the various options, users can now start by selecting a token and the system will automatically link it to their bet. While it is still possible to switch between leverage, betting times, betting up, and betting down, the new design makes the rest of the operation much easier.
One of the standout features is the new Dark Mode, which offers users superior visibility and transparency. The dark mode interface is easy on the eyes and adds a sophisticated look that users will appreciate. This feature is just one of many that Logium has introduced to make the platform more user-friendly and enjoyable.
Additionally, the new version of Logium V1 limits the list of available tokens to BTC , ETH STC and the list will be expanded in the future. This move will give users more chances of winning and allow them to focus on the tokens they know best. By limiting the number of tokens available, Rhodium reduces the complexity of the platform and makes it accessible to all users, regardless of their level of expertise in the crypto market.
How to Bet on Rhodium
/1 First, see Logim V1 dApp
/2 You need to connect your wallet by clicking the blue button in the right corner of the platform, select Metamask 🦊 and go to the main Return to the panel.
/3 Next, select coins from the drop bar in the upper left corner of the interface.
Choose your bet direction (high ⬆️/low ⬇️) and bet size (amount to spend💰). The platform will automatically match your bets🎯.
After connecting your /wallet, click the “Take a bet” button at the bottom right. You will then be asked if you want to enable USDC to use Logium’s smart contracts🤝
/6 That’s it. You made it here – now make it on your platform😎
What are the advantages of a decentralized crypto betting platform?
First, decentralization itself. Rhodium doesn’t hold user assets. All transactions are p2p via smart contracts that are thoroughly audited for security and transparency. This means that users have full control over their money and can place bets directly from their self-directed wallets without having to deposit funds with an intermediary.
In addition, decentralized crypto betting platforms allow you to make money in the crypto market even during bear cycles. By betting on the direction of the market, users can profit from their investments regardless of whether prices are going up or down. This is a huge advantage in a market that is as volatile and unpredictable as ever.
Logium V1 is the perfect platform for those who want to get started in crypto betting or take their investments to the next (decentralized) level. With a transparent interface, streamlined logic, and a limited list of tokens, Logium offers a straightforward and intuitive way to enjoy the crypto winter and go green. The platform is designed to be accessible to everyone, regardless of experience level, making it an excellent choice for those looking to diversify their investments and take advantage of the potential of the crypto market.
If you want to conquer bear markets, Logium is the platform to choose.
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