This Altcoin Breaks Records and Rises to 3rd Place on Binance TR!

According to Coinglass data Bella Protocol (BEL) It was announced that the margin perpetual contract has a high annual negative funds rate of 1412% and the trading volume exceeds US$ 700 million.

BEL/TRY Spot Trading Volume Shows Big Rise on Binance TR

BEL has increased by 59% in the last 24 hours. BEL is the native token of the DeFi protocol Bella Protocol, currently priced at $1.06.

Binance’s subsidiary in Turkey Binance UKIn the last 24 hours, the BEL/TRY spot transaction volume exceeded 1.1 billion Turkish lira (approximately 58 million USD) and ranked third on the site.

What is Bella Protocol (BEL)?

Bella Protocol is a platform that provides a suite of DeFi products designed to make crypto banking simpler and more accessible.

The protocol aims to create a better user experience by eliminating the high fees and slow transaction issues that can affect some blockchain platforms, while also improving the user experience through the simplified DeFi smart portal.

Bella’s smart pool feature allows users to access the best returns available in the DeFi market while enjoying virtually zero gas fees – because they are directly subsidized by the platform.

The project was launched in September 2020 as the first project distributed through Binance’s Launchpool platform and has received investment from several leading firms including Arrington XRP Capital and Ledger Capital.

The protocol was created by the ARPA team, a blockchain-based layer 2 solution for privacy-preserving computing. The BEL token is a key component of the Bella Protocol ecosystem and serves as both a reward token that allows its holders to participate in the governance of the platform.

BEL can be used to collect fee rewards from the network, obtain special discounts on Bella protocol products (such as robo-advisor tool), and earn staking rewards.

*Not investment advice.