GM ApolloXplorers! 👋 Here’s your weekly weekend community feature!
Today, we hear from Nur Muhammad Luthfi, Indonesian crypto influencer and enthusiast who is part of the aspiring founding team at SUPADROP, an early-stage NFT marketplace built on the Solana blockchain.
Thank you Luthfi for kindly agreeing to this interview.
What do you think is the appeal of crypto? Any hot topics that you have been following lately?
Crypto will be the biggest thing in this decade after the invention of mobile phones in the 2010s and the Internet in the 2000s. As an ex-fintech employee, I feel that crypto has improved the financial system a lot and is a big step forward for humankind!
Just off the top of my head, the benefits of crypto include having little to no middleman, low cost of transactions and transparency because anyone can verify transactions on the blockchain.
The ApolloX DEX launched in November 2021. Have you tried it? What are some reasons you would trade on DEX?
I started using ApolloX in early December. I used it because there’s zero gas fees. Literally zero. What’s more, with ApolloX’s Trading Rewards Program, you can also use their token APX as trading fees. That is what makes ApolloX interesting. It helps me to save a lot of money.
Aside from these, the product is solid. I don’t get any bugs while I use it and the UX is good!
What do you like about ApolloX?
The integration when it comes to being a CeFi-DeFi derivative product. I personally like it so much. ApolloX is giving users the power and freedom to choose whether they want to use the CEX or DEX version. Both are great products! Also, I like that ApolloX has the best approach regarding privacy and KYC.
What is a new feature you want to see implemented on ApolloX in the future?
I’d like to see a Liquidity Mining program on ApolloX where users can put liquidity in certain assets to get APX and fees as rewards.
What was your best trade on ApolloX CEX or DEX (% ROI or in USDT profit)?
If I remember correctly it’s x fold.
Do you hold APX tokens? What are your thoughts or wishes for APX?
My wish for APX is that there will be more utility aside from staking and redeeming as trading fees etc. If I may suggest an idea, maybe a portion of liquidated position fees on ApolloX DEX can be given to APX stakers. It’ll be great for long term believers of APX.
What are other tokens that you currently hold or trade?
Right now, one of my holdings is a stablecoin which is UST. I hodl it because the market outlook isn’t good right now so I’ve to prepare for the worst and buy the dip.
Any tips for new crypto derivatives traders?
Try derivatives trading using a small amount of money in the beginning. Treat it as your learning fee if you get liquidated. Also, try analyzing on-chain data and keep learning from the best traders out there. There are lots of them on the Internet.
You can find Luthfi’s channels here:
Instagram | Twitter
The ApolloX app can be downloaded on Apple Store or Google Play here.
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