Easiest Way to Use BCHBull: The Paytaca and Anyhedge Epic Integration

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Written by

CM_Works

1 year ago

In community: Cryptocurrency and Blockchain(7b7f)

Topics: BCH, Bitcoincash, BCHBull, Paytaca Wallet, Anyhedge

BCHBull a leveraging and hedging platform on BitcoinCash is cointinously doing progressive since it was launched. BCHBull let you enjoy permissionless, Non-Custodial, safe and secure and decentralised kind of leveraging experience on BitcoinCash chain.

On October 24, 2022, BCHBull launched the beta version after the successful testing of its previous version ALPHA Anyhedge. The new version offers new interactive User Interface and much faster loading experience that make us "Bulls" eager to try making leverage on the Decentralised Finance (Defi) platform.

You may also read :BCHBull: What Makes It Unique?

Speculating or Hedging on the BCHBull user interface makes it more easier due to its simplicity. Can be set your first hedge and speculation by just using your favourite browser, the official guide from the BCHBull, just a little reading comprehension, your Bitcoin Cash for your position, no personal details required just your favourite Bitcoin Cash address!

You can use my previous blog guides too: How To Get Started On BCHBull?: The Complete and Detailed Guide For Beginners

You know how to use the platform more easier? It definitely one-place kind of user experience that only requires minimum effort trying this simple BCHBull method.

The Anyhedge X Paytaca Powerful Integration

On my previous guide article, I've wrote a simple steps on how to use BCHBull from launching the app to success of your first speculation and hedging in the app. In my guide blog, I've mentioned steps that requires efforts (e.g using two applications (Bitcoin.com & browser) in able to make position in the app.

Not until I realised something much easier and faster way of making position in the app is to take advantage of the integration of the Paytaca and Anyhedge.

What Is Paytaca?

Paytaca is one of the best Non-Custodial Bitcoin Cash wallet that offers various services using Bitcoin Cash and SmartBCH Chain. The mobile app offers services such as:

Bridging from BCH to SmartBCH, Sweeping, NFT Collection Storing, Swapping, and the Anyhedge integration. The Paytaca wallet is also light weight with only 11mb file size. Definitely competitive Bitcoin Cash wallet.

What is Anyhedge?

AnyHedge is the technology that powers BCH Bull. It lets you take BCH long positions with up to 10x leverage against a variety of assets.- Anyhedge.com

Using Paytaca wallet with their integration with Anyhedge, "Bulls" can make position in the BCHBull app directly in the Paytaca Wallet App. Probably the first Bitcoin Cash wallet that integrates with Anyhedge.

How To Use BCHBull/Anyhedge Using Paytaca Wallet?

Download the Paytaca Wallet from Playstore.

Launch the app and set your wallet. Create new or import your seed phrase to the app. Don't forget to write down or save your Mnemonic Backup Phrase if set new wallet.

Set up your pin. This will secure your wallet from your cellphone Intruders.

Now go to "Apps" and choose "Anyhedge.

Choose between hedge or long. This selection are can be seen too from the BCHBull Official Webapp. Paytaca integration is much easier and easy to set.

Let's say we chose "Long" for instance. Click the + sign button and you can now see this form.

Set your desired amount in BCH, the duration (can be through hours,days, or months). Set the lowest price where your fund can be liquidated and your target price. Now hit create. Done!

Question

What is the difference between BCHBull and the one in Paytaca Wallet?

BCHBull and the Paytaca integration is the same. They're using same technology called "Anyhedge" from General Protocols. Same technology, same ways and same source of liquidity.

Anyhedge X Paytaca Integration Advantages

All in One

You don't need to use 2 or more apps. Setting up position can be done using only in one app Paytaca Wallet.

Saves Storage

Save your from huge cache storage by avoiding using browsers. Paytaca Wallet only has 11mb file size that works light and fast.

Direct

You don't need to scan. QR Codes in order to pay for your position. Transactions are all right inside the Paytaca App.

Bottom Lines

Using BCHBull and Anyhedge x Paytaca integration can give you the same experience. It's always up to you if you want to choose the BCHBull web app for more exploration or Anyhedge in Paytaca for direct transactions. All are working the same, created perfectly the same.

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