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Whales Market Stock

Whales Market

WHALES

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Whales Market Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
BingXWHALES/USDT0.0313.2111.4333,259.930cex15/5/2025, 2:00 PM
HibtWHALES/USDT0.0474.14470.5214,671.190cex805/13/2025, 10:21 AM
CoinExWHALES/USDT0.0725.5325.926,351.380.01cex17/9/2025, 6:23 AM
HTXWHALES/USDT0.0200617.910cex14/29/2025, 8:59 AM
PoloniexWHALES/USDT0.040000cex17/9/2025, 6:23 AM
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Whales Market FAQ

{ "q": "about", "a": "Whales Market provides a decentralized OTC trading platform that enables users to directly exchange assets across multiple blockchains with complete trustlessness and security assured.\n\nThe innovative concept behind Whales Market is straightforward: to tackle the inherent risks associated with peer-to-peer cryptocurrency trading. Informal methods such as social groups, private messages, and some centralized platforms have traditionally supported P2P transactions but often lack robust security measures. This exposes traders to potential scams and fraud, where sellers might fail to deliver promised tokens.\n\nThe primary issue is that these trades do not require any commitment among the parties involved, as the trading routes between them are not transparent and are typically based on personal arrangements between the parties.\n\nWhales Market addresses this challenge by consolidating OTC trading into a single platform. This setup allows buyers and sellers to conduct mutually agreed upon on-chain transactions. Capital is securely held in smart contracts and is only released to the parties upon successful transaction settlement. This advancement not only streamlines the trading process but also significantly minimizes the risk of financial losses due to fraudulent practices.", "rank": "0" }

What technology underpins Whales Market?

The technology behind Whales Market (WHALES) represents a sophisticated integration of decentralized finance (DeFi) principles with advanced blockchain mechanisms. Whales Market operates on a decentralized platform that facilitates the secure trading of diverse asset types, including pre-listing allocations, rewarding points, NFT whitelists, and vesting contracts, across multiple blockchains. This multi-chain capability allows users to trade assets seamlessly, independent of their originating blockchain. A key feature of Whales Market is its implementation of smart contracts. These self-executing contracts, with terms encoded in software, facilitate secure and trustless transactions. Upon agreement to a trade, the smart contract locks the involved assets until the trade's conditions are fulfilled, ensuring neither party can rescind or alter terms post-endorsement, thereby providing enhanced security and trust. To bolster security, Whales Market employs a mechanism called "Whale Shield." This feature guards against fraudulent sellers by allowing only verified, trustworthy participants to engage in transactions. Whale Shield acts as a safeguard, minimizing scam risks and ensuring fair and transparent trading processes. The platform further utilizes analytics, AI tools, and automation to optimize trading. Analytics offer valuable insights into market trends and asset performance, aiding decision-making. AI tools predict market movements, suggesting optimal trading strategies, while automation streamlines trades, reducing manual intervention and minimizing human error risks. Whales Market's decentralized OTC (over-the-counter) trading platform enables peer-to-peer asset exchange without intermediaries. This approach ensures complete trustlessness, with on-chain and fully transparent transactions. Capital is locked within smart contracts until successful transaction completion, reducing financial loss risks from deceptive practices. The platform's capability across multiple blockchains is a major advantage, enabling trading of assets from different blockchain ecosystems without complex conversions or additional steps. This simplifies trading processes and expands user opportunities. Moreover, Whales Market addresses peer-to-peer cryptocurrency trading risks by providing a secure, reliable environment. Traditional P2P methods, like social groups and private messages, often lack robust security, posing scam risks. By consolidating OTC trading onto a decentralized platform, Whales Market ensures high-security and transparency for all transactions. The technical infrastructure of Whales Market is designed for efficient, high-volume transaction handling. It uses advanced consensus mechanisms to validate transactions and prevent double-spending, maintaining blockchain integrity. These mechanisms also defend against malicious attacks, such as 51% attacks, where a single entity could control the majority of network mining power. Whales Market is dedicated to security, extending to its user interface and experience. The platform is user-friendly, accessible to traders at all experience levels, offering clear guidance throughout the trading process to ensure ease of navigation. Incorporating these elements, Whales Market provides a comprehensive solution for secure, efficient asset trading across various blockchains. The synergy of smart contracts, Whale Shield, analytics, AI tools, and automation creates a robust, reliable platform that addresses challenges in traditional P2P trading methods.

Who are the Founders of Whales Market?

Whales Market (WHALES) is a decentralized OTC trading platform developed to enable secure and trustless asset exchanges across various blockchains. The founder, Dexter, also led the AI project gm.ai. He possesses a background in OTC trading and has admitted to past mismanagement and mistakes. Furthermore, Dexter is actively engaged in the Solana ecosystem and has introduced the WHALES token on the Solana blockchain.

Investors interested in Whales Market are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.