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Understanding Blum

Blum is a hybrid decentralized exchange (DEX) that enables users to trade both tokens listed on centralized exchanges (CEX) and new, unlisted tokens via a mini app on Telegram. Designed to offer comprehensive services, Blum simplifies access to and trading of a wide variety of tokens across multiple blockchains.

Table of Contents

What makes Blum unique?

– Hybrid on-chain and off-chain transaction processing model: Blum combines off-chain transaction processing that users have performed with orderbooks and on-chain transaction recording. This model allows Blum to process transactions faster with low transaction fees.
– Access to new tokens: Blum will automatically list new tokens that are not listed on CEX but have enough liquidity on other DEX exchanges for users to trade comfortably.
– Direct trading on Telegram: Blum develops the DEX exchange by integrating a mini app on Telegram so that users can trade most conveniently. However, Blum has not launched a DEX product and has only launched the Tap-to-Earn game for users to earn Blum Points.
– Diverse derivatives trading: Blum provides diverse derivatives trading services such as Margin, Futures, Options, etc. Not only for tokens on CEX, Blum also supports derivatives trading for NFT and tokens on DEX.
– P2P trading: Blum focuses on expanding the integration of many currencies in many countries so that users can trade P2P easily.

How does Blum work?

– Access this link to start earning Blum Points. Follow the prompts: “Start,” “Launch Blum,” and “OK.”
– Log in to Blum, create an account, and enter your in-game name. You’ll receive daily Blum Points and tickets. Select “Continue” and then “Farming” to start earning.
– Use daily tickets to play the game. Each game costs 1 ticket: tap the green flower to earn Blum Points, avoid the snow flower and bomb.

How to make money in Blum?

– Earn more tickets by inviting friends via the “Frens” section. You receive 1 ticket per successful invite, with a maximum of 10 invitations.
– Complete tasks in the “Tasks” section, such as social interactions and milestones, to earn additional Blum Points.

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