What is Blum? A Hybrid Crypto Exchange on Telegram

Blum is a dynamic hybrid crypto exchange crafted for adventurous users keen to explore the web3 world. Discover how Blum enhances your trading experience with simplified derivatives and future rewards through interactive tasks and community engagement. Join the vibrant ecosystem to trade, connect, and grow your crypto portfolio effortlessly.

Key Takeaways

• Hybrid Exchange: Blum merges centralized and decentralized features, facilitating trading across 30+ blockchain networks with derivatives options.

• Interactive Rewards: Earn Blum Points through tasks and referrals, redeemable for boosts and benefits within the app, fostering community engagement.

• Future Expansion: Blum plans mobile and web versions by 2024, with added security features like MPC wallets and perpetual contracts to enhance accessibility and user experience.

What is Blum?

Blum is a hybrid crypto exchange tailored for young and adventurous users eager to dive into the web3 world. By merging features from both centralized and decentralized exchanges, Blum offers a unique and user-friendly experience through its Telegram mini-app, making crypto trading simple and engaging. This platform facilitates derivatives trading and provides access to tokens on over 30 chains. With a mobile app coming soon, start your Blum journey today with the Telegram mini-app.

As a Blum user, you can trade, connect, grow, and earn Blum Points through various interactive tasks. Join the community, complete missions, and invite friends to maximize your rewards. Blum Points are essential within the ecosystem and may be traded for valuable boosts and other in-app benefits in the future.

Blum Features

• Hybrid Exchange Model: Access tokens from both centralized and decentralized exchanges, providing a comprehensive range of trading options. Engage in simplified derivatives trading, including futures and options.

• Blum Points Farming: Start earning Blum Points by clicking the farm button within the mini-app. Check-in every eight hours to claim your points and accumulate them steadily.

• Community Engagement: Blum emphasizes transparency and community involvement, ensuring an open and engaging environment for all users. The platform organizes live Q&A sessions, user tutorials, and blog posts to keep users informed. Regular introduction of new tasks and challenges keeps the community active. Blum also incentivizes participation with task rewards and a referral program, ensuring users stay involved and connected to the ecosystem.

• Security and Accessibility: Blum uses multi-party computation (MPC) wallets or allows connections to existing wallets like Trust Wallet and MetaMask, enhancing security and user control. The platform supports over 30 blockchain networks, ensuring broad access to various cryptocurrencies.

Blum’s unique combination of centralized and decentralized trading features, coupled with its interactive Telegram mini-app, positions it as an appealing platform for both new and experienced crypto traders. Blum plans to expand its offerings with mobile and web versions anticipated by the end of 2024. The platform will also introduce new features like the ‘Memepad’ for promoting various projects and ‘Quests’ that offer extra rewards. This strategic expansion aims to increase Blum’s user base and engagement, establishing it as a significant player in the crypto ecosystem.

Read more: How to Farm Blum on Telegram? Step-by-Step Guide to Earning Points

How to Farm Blum Points

Earn Blum Points by farming, completing tasks, and inviting friends. These points can be redeemed for boosts and various rewards within the app. Presently, points are utilized within the Blum ecosystem, but future updates may enable trading or converting points into additional rewards. Stay engaged and follow these steps to efficiently farm Blum Points and prepare for future rewards within the Blum ecosystem:

• Invitation and Registration: Check your email for an invitation link if you signed up on the waitlist. Use this personal link to access the Blum bot on Telegram. Complete the registration process by following the on-screen instructions.

• Start Farming Blum Points: Click the “farm” button within the mini-app to begin earning Blum Points. Each click accumulates points, which you can claim every eight hours. Regular check-ins ensure you don’t miss out on potential points.

• Stay Active: Regularly interact with the bot and complete all available tasks. The more active you are, the more points you will earn.

• Engage on Social Media: Follow Blum’s updates to stay informed about new ways to earn points and participate in promotions.

How to Join Blum Airdrop

Blum’s developers have announced an airdrop campaign beginning in June 2024. By joining the Blum Drop game, you can actively increase your points for the Blum airdrop. Here is how to get started and maximize your earnings, ensuring you qualify to claim $BLUM airdrops when the token launches:

• Access the Blum Crypto Bot: Open the Telegram app and search for the Blum Crypto Bot. Use the provided link or search directly to find the bot and start it.

• Join the Drop Game: Once you have the Blum bot open, navigate to the Drop game section. This is where you will engage in the game to earn more points.

• Play the Game: The Drop clicker game involves tapping or clicking actions within the mini-app. The objective is to collect as many points as possible by interacting with the game elements. Consistently check in and play the game multiple times a day. You can earn points every eight hours, so make sure to participate regularly to maximize your points.

• Complete Social Tasks and Referrals: Increase your points by completing various social tasks. These tasks might include following Blum on social media, sharing content, or participating in community activities.

• Invite Friends and Earn Referrals: Use referral links to invite friends to join Blum. You earn 10% of the points your friends accumulate and an additional 2.5% from their referrals. This boosts your total points significantly.

By following these steps and staying actively engaged with the Blum crypto bot, you can effectively participate in the Drop game and maximize your earnings for the Blum airdrop. Remain proactive to make the most of your experience on the Blum Telegram mini-app.

Read more: What is W-Coin Telegram Tap-to-Earn Game? How to Start Playing and Earn Crypto

How to Earn More Daily Rewards in Blum

Daily rewards in Blum are designed to encourage regular participation. Each day you log in, you earn a set amount of Blum Points (BPs) and Game Passes, with rewards increasing progressively over the first week.

Game Passes are used to play the Drop Game within the Blum mini-app. Each game attempt requires one Game Pass, allowing you to engage in a 30-second game where you catch falling items. These items are then converted into Blum Points and added to your account. You get five game attempts daily, which refresh every 24 hours. By logging in consistently and using your Game Passes, you can significantly increase your Blum Points, taking full advantage of Blum’s gamified features. These elements not only keep the community engaged but also provide tangible rewards for active participation.

Here is how you can earn more Blum Points (BPs) and Game Passes daily:

• Log in Daily: Make it a habit to log in to Blum every day. Each consecutive day you log in, the rewards increase, making it easier to accumulate points and Game Passes.

• Understand the Reward Structure:

• Day 1: 10 BPs + 1 Game Pass

• Day 2: 20 BPs + 2 Game Passes

• Day 3: 30 BPs + 3 Game Passes

• Day 4: 40 BPs + 4 Game Passes

• Day 5: 50 BPs + 5 Game Passes

• Day 6: 60 BPs + 6 Game Passes

• Day 7: 70 BPs + 7 Game Passes

From Day 7 onwards, you will continue to receive 70 BPs and 7 Game Passes each day you log in.

• Play the Drop Game: Use your Game Passes to play the Drop Game. Each game attempt costs one Game Pass. The game involves catching as many falling items as you can within a limited time. Each item you catch turns into Blum Points, boosting your balance quickly.

• Maintain Your Streak: Consistency is key. Keep your login streak to ensure you maximize the rewards. Setting a daily reminder can help you remember to log in and maintain your streak.

• Redeem Your Points and Passes: Use the accumulated Blum Points and Game Passes to enhance your gameplay and earn even more rewards. The longer you maintain your streak, the more you can benefit from the rewards system.

Blum Roadmap

Blum is quickly growing, with plans to enhance its functionality and introduce new features by the end of 2024. Future developments include mobile and web versions, improved mini-app capabilities, and the launch of ‘Memepad’ for promoting new projects. The app aims to seamlessly integrate these projects, offering tasks and games that distribute their tokens to the Blum community.

Blum has an ambitious roadmap to improve user experience and significantly broaden its platform capabilities throughout 2024. Here is what you can anticipate:

• Q2 2024: Expansion of Services: Blum will introduce several new features, including the Drop Game, a public launch, balance tracking, self-custody wallets, token swaps, leaderboards, and Memepad. These enhancements aim to provide a more engaging and comprehensive user experience on the platform.

• Q3 2024: Advanced Functionalities: The focus will shift to advanced security and financial instruments. Blum plans to launch MPC (multi-party computation) wallets, and perpetual contracts (Perps), and make the platform available on both the App Store and Google Play. These additions will improve security and broaden accessibility, allowing users to trade and manage their assets more efficiently on mobile devices.

• Q4 2024: Broadening Accessibility: Blum will launch a fully functional web platform to reach a wider audience. This move is designed to cater to users who prefer desktop trading and want a comprehensive view of their portfolios. The web platform will complement the mobile and Telegram mini-apps, providing a seamless trading experience across devices.

Blum’s participation in the Binance MVB (Most Valuable Builder) program has strengthened its infrastructure and security measures. Partnering with Binance Labs underscores Blum’s dedication to offering a secure and robust trading environment. As Blum expands, it is expected to forge more partnerships with leading exchanges and platforms to enrich its ecosystem further.

Read more: What is Gemz Telegram Clicker Game? Ways to Earn Coins and Boost Your Gameplay

Conclusion

Blum stands out as a hybrid crypto exchange designed to empower both new and experienced traders in the web3 world. With its innovative Telegram mini-app, Blum merges centralized and decentralized features to offer a seamless trading experience across diverse blockchain networks. The platform’s commitment to community engagement, security enhancements through MPC wallets, and upcoming mobile and web versions underscore its dedication to user accessibility and growth. As Blum continues to evolve with new features like Memepad and enhanced gamification, it aims to solidify its position as a pivotal player in the crypto ecosystem, promising a future of expanded capabilities and enriched user experiences.

FAQ

What is Blum and how does it work?

Blum is a hybrid crypto exchange designed for adventurous users interested in exploring the web3 world. It combines features from centralized and decentralized exchanges, offering simplified derivatives trading and access to tokens across over 30 blockchain networks. Users can engage via a Telegram mini-app, making trading straightforward and interactive.

How can I earn Blum Points on the platform?

You can earn Blum Points by farming them through the Telegram mini-app. Simply click the “farm” button to accumulate points every eight hours. Additionally, complete tasks, invite friends through referral links and participate in social activities to earn more points. These points can be redeemed within the app for rewards and benefits.

What are the future plans for Blum?

Blum plans to expand its offerings with mobile and web versions by the end of 2024. It aims to enhance security with MPC wallets and introduce advanced features like perpetual contracts. The platform also intends to launch new tools such as Memepad for project promotions and quests for additional rewards, focusing on improving user accessibility and engagement.