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Home Crypto

Mizar Launches $MZR Token on Airbitrum, Reveals DeFi RoadMap

BlockNews Team by BlockNews Team
March 11, 2023
in Crypto, DeFi, Finance, Media
Reading Time: 3 mins read
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  • Mizar, a social trading platform with over 10,000 users and millions of daily trades, has launched its $MZR token to enhance accessibility and profitability for all users.
  • Mizar’s future roadmap includes introducing automatic and copy trading on both centralized and decentralized exchanges, expanding its existing tools to DeFi, and establishing itself as the leading crypto trading platform.

On Thursday, March 9th, social trading platform Mizar, with over 10,000 users and daily trades in the millions of dollars, announced the launch of its $MZR token, along with its intention to introduce automatic and copy trading on both centralized and decentralized exchanges. 

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Mizar aims to transform the crypto trading industry by making it more accessible and profitable for everyone, aiming to become the most popular social trading platform for cryptocurrency.

The $MZR token will be the Mizar ecosystem’s native token, allowing users to participate in activities such as staking, accessing features, and receiving rewards. Furthermore, the $MZR token will reduce fees on the Mizar platform by up to 95%, providing traders with a more cost-effective solution.

Mizar is excited to reveal its next roadmap phase, which seeks to expand its existing tools to DeFi, following the successful completion of its initial roadmap phase, which focused on developing trading tools for CeFi platforms. These features will allow users to automate their trading strategies on decentralized exchanges by utilizing advanced but user-friendly trading tools.

By combining these tools with its copy-trading engine, novice traders will find trading more accessible. In contrast, experienced traders can benefit from an additional income stream while maintaining control of their assets via self-custody.

Mizar aspires to be the leading cryptocurrency trading platform, allowing users to track and manage their orders across both centralized exchanges like Binance and decentralized exchanges like Uniswap. The Mizar team believes that traders can gain an advantage in the market and increase their chances of success by incorporating automation and artificial intelligence.

“Our launch on Arbitrum demonstrates our eagerness to expand into DeFi,” says Francesco Ciuci, CEO of Mizar.

“We are currently engaged in discussions with several projects in the Arbitrum ecosystem, and we are all eagerly anticipating the chance to collaborate on groundbreaking products that will revolutionize the DeFi trading landscape.”

Mizar is a significant advancement in crypto trading, with support from prominent investors such as Nexo, KuCoin Labs, Huobi Ventures, Kronos Research, and others.

Mizar’s $MZR token will be available on Uniswap beginning March 9th. Visit https://mizar.com/ to learn more about Mizar’s social trading platform and plans.

About Mizar

Mizar is the go-to choice for those who demand the best when trading cryptocurrency, with over 10,000 active users and millions of volumes changed daily.

Say goodbye to FOMO and missed opportunities in favor of hands-free trading on your favorite CEX and DEX using advanced bots and smart tools. Mizar traders can also earn a passive income by sharing bots with others on the soon-to-be-largest social trading platform in the crypto space. Users can access all of these features without paying a subscription fee, thanks to the MZR token.

Tags: $MZRArbitrumcryptoDeFiMizar
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