Introduction
Holdstation is emerging as a pioneering force in the Web3 space, offering a unique blend of decentralized finance (DeFi) and traditional brokerage models. This innovative platform aims to bridge the gap between Web2 and Web3 trading experiences, providing users with a non-custodial derivatives trading platform built on Layer 2 blockchain solutions and a smart wallet that features account abstraction.
This article explores Holdstation, explaining how the Web3 trading platform bridges traditional and decentralized finance. We'll examine its key features, including non-custodial smart wallets, decentralized futures exchange, and copy trading. The article will also cover Holdstation's use of zkSync technology, account abstraction, and multi-chain support. We will finally discuss Holdstation's native token (HOLD) tokenomics, token utility, and guide readers on trading HOLD on CoinEx.
What is Holdstation?
Holdstation is a Web3 trading platform that bridges the gap between traditional finance and decentralized finance (DeFi). It aims to solve the problem of complexity and inefficiency in crypto trading by bringing the familiar brokerage model from Web2 to the Web3 world. Holdstation offers a non-custodial derivatives trading platform, including perpetual futures and options, built on Layer 2 blockchain solutions like zkSync Era. This approach allows for faster, more efficient transactions while maintaining the security and decentralization benefits of blockchain technology.
What makes Holdstation unique is its combination of features designed to enhance the trading experience. It provides a non-custodial smart wallet that supports multiple chains, making it easier for users to manage their assets across different blockchains. The platform also offers a decentralized futures exchange (DeFutures Exchange) with advanced order types, copy trading functionality, and plans for a launchpad service. By implementing account abstraction, Holdstation simplifies user interactions with the blockchain, allowing for features like gasless transactions and the ability to pay fees with any token. This comprehensive ecosystem aims to provide traders with a seamless, CEX-like experience while maintaining the benefits of decentralized trading.
Holdstation Smart Wallet
The Holdstation Smart Wallet is a key component of the platform's ecosystem, designed to enhance user experience and security in Web3 trading. This non-custodial wallet leverages smart contract technology and account abstraction (ERC-4337) to offer advanced features not typically found in traditional cryptocurrency wallets. Available on both iOS and Android, the Holdstation Smart Wallet integrates seamlessly with the platform's trading services.
Building on this foundation, the wallet sets itself apart with user-friendly features. It supports multiple EVM-based chains, allowing users to manage assets across various blockchains effortlessly. The wallet implements a paymaster model, enabling users to pay gas fees with any token, not just the native blockchain currency. Additionally, it offers enhanced security through features like multi-signature authentication and two-factor authentication, ensuring users' assets remain protected.
Further enhancing its functionality, the Holdstation Smart Wallet integrates crypto on-ramp and off-ramp services, streamlining the conversion between fiat and cryptocurrencies. The on-ramp feature enables users to purchase crypto with fiat money, while the off-ramp allows for converting crypto back to fiat. This functionality addresses a key challenge in crypto adoption, allowing users to easily enter and exit the market without relying on external services. By incorporating these features directly into the wallet, Holdstation creates a comprehensive solution that simplifies the entire trading process, from account funding to profit withdrawal, all within a single, user-friendly interface.
Features of Holdstation
Below are some of the features of Holdstaion that set it apart from other trading and wallet solutions:
- Non-custodial smart wallet supporting multiple EVM-based chains.
- Decentralized derivatives trading platform offering perpetual futures and options.
- Copy trading functionality aimed at developing a decentralized hedge fund model.
- Integration with zkSync Era for faster transactions and enhanced scalability.
- Account abstraction features for gasless transactions and flexible fee payments.
- Built-in crypto on-ramp and off-ramp services for seamless fiat-to-crypto conversions.
What is HOLD Token?
HOLD token is the utility and governance token of the Holdstation platform. It provides various benefits to holders and is central to the platform's two-phase token reward program. The token is designed to incentivize user participation, platform growth, and long-term engagement with the Holdstation ecosystem.
The token's utilities include governance rights, access to platform features, and participation in reward programs. The first phase, called the Early Adopter Program, offers incentives for early users, traders, and promoters through activities such as active platform usage, promotion, vault staking, and bug detection. The second phase, Sustainable Expansion, focuses on rewarding active users, traders, long-term validators, and affiliates through a rebase mechanism that distributes rewards in both stablecoins and HOLD tokens.
HOLD Staking
HOLD staking is a key feature of the Holdstation ecosystem, offering substantial benefits to participants. Stakers receive a generous 40% of the platform's trading fees on a perpetual basis. This reward system allows stakers to earn USDC directly, with the ability to claim their rewards at the end of each epoch. The staking mechanism not only provides a steady stream of income for token holders but also encourages long-term participation and investment in the Holdstation's growth and success.
Hold Tokenomics
HOLD Allocation
How to Buy and Trade HOLD on CoinEx?
CoinEx is a global cryptocurrency exchange, trusted by 6+ millions of users worldwide with 100% reserve. With 1,100+ tokens supported, including HOLD, users can now trade easily and seamlessly.
To purchase HOLD tokens on CoinEx, follow the steps below.
- Create an Account: Start by signing up for a CoinEx account.
- Deposit Funds: After logging in, deposit funds into your CoinEx account using any supported cryptocurrencies or deposit methods available on the exchange. Having funds in your account enables you to execute trades seamlessly.
- Navigate to the HOLD Trading Page: Once your account is funded, go to the dedicated HOLD trading page on CoinEx. You can find a search box and enter the ticker “HOLD” to locate the trading pair associated with HOLD tokens.
- Choose a Trading Pair: Select the trading pair HOLD/USDT if you'd like to trade HOLD against USDT (Tether).
- Specify the Purchase Amount: Determine the quantity of HOLD tokens you want to purchase. Input the amount in the trading interface, which will calculate the corresponding cost based on the current market price.
- Execute the Trade: With the specified amount, proceed to execute the trade. Confirm the details, and if you are satisfied, submit the order.
By following these comprehensive steps, you can easily trade HOLD tokens on CoinEx, taking advantage of the available trading pairs.
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