Glimmer and Moonriver: A Short Introduction to Two Recently Added Cryptocurrencies on Bitvavo
As the crypto market continues to grow, more altcoins are sprouting up, offering new and exciting opportunities to investors. Recently, Bitvavo added two new altcoins to its range: Glimmer (GLMR) and Moonriver (MOVR). In this article, we will provide a brief introduction to these two new cryptocurrencies.
Glimmer and Moonriver are Closely Connected
Moonbeam, with Glimmer (GLMR) as its native token, is a project based on Polkadot (DOT), a popular blockchain network that focuses on interoperability and scalability. Blockchain networks usually operate in isolated silos, with applications built within the network only using available data within the same network.
As more projects focus on interoperability, new opportunities that literally open up a whole new world arise. This is where Moonbeam and Moonriver come in.
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Moonbeam is a so-called Ethereum Virtual Machine compatible Parachain on Polkadot, meaning it is compatible with Ethereum smart contracts. Suppose a developer has a lot of experience with Solidity, the Ethereum programming language, then they can use their experience to build applications on Polkadot with fewer adjustments. The advantage here is that the applications can benefit from Polkadot’s enormous scalability and low transaction costs while easily continuing to communicate with applications on Ethereum.
Moonriver is the version of Moonbeam on Kusama, which serves as Polkadot’s test network where new features can be tested first before launching on the main network.
How to Get 10 Euros for Free on Bitvavo
To get 10 euros for free on Bitvavo, follow the steps below:
- Click on this link and create an account.
- Complete all verification steps and deposit at least 1 euro.
- Receive 10 euros free credit within 48 hours.
Bitvavo’s promotion is always interesting, especially with the addition of new quotes. They have recently added several new cryptocurrencies, including SUI, to their list.
In conclusion, Glimmer and Moonriver may offer excellent investment opportunities, with the potential to provide significant returns. Their connection to the Polkadot blockchain and its strong focus on interoperability and scalability give them an edge in the market. So head over to Bitvavo and start investing today!