Crypto Trading For Beginners 🎯 What does Aptos labs do?

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Published on February 7, 2023 12:03:15 PM ● Video Link: https://www.youtube.com/watch?v=Gr0CzL03itw

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Welcome to our Crypto Trading For Beginners Video!

If you're looking for new crypto projects to invest in, Aptos is certainly a promising option that has generated plenty of buzz recently. This venture capital–backed cryptocurrency is still in the planning stage, but its proposed features are already gaining ground among the crypto community. Aptos ultimately plans to increase scalability while offering some unique security and usability options.

What Is Aptos?
Aptos is a Layer 1 blockchain that uses the Move programming language. The cryptocurrency promises users increased scalability, reliability, security and usability.

The Aptos genesis occurred on October 12, 2022, with Aptos blockchain's mainnet "Aptos Autumn" launched on October 17, 2022. The blockchain has raised millions of dollars from investors so far. Aptos is a Layer 1 blockchain built with a Rust-based programming language called Move. Its key features include a parallel execution engine, high-level security features and low transaction costs.

The Aptos blockchain is generating all this hype because of its intriguing past. The blockchain is based on the Diem blockchain initiative (from Meta) that was recently abandoned. Created by Diem developers, the Aptos crypto uses the programming language originally created for Diem. Its focus is on Diem's original goal of creating a scalable, fast blockchain. In addition, it hopes to offer additional features that will make the crypto more accessible to average users.

Who Is Aptos Labs?
Aptos Labs is the team behind the Aptos project. They currently lead a diverse team of developers, engineers and strategists headed by co-founders Mo Shaikh and Avery Ching.

Shaikh and Ching met when they worked together on the Diem blockchain project at Meta. Shaikh specializes in scaling products, and has experience in the private equity and venture capital markets. Meanwhile, Ching was one of the principal software engineers at Meta and has led many exciting and innovative development projects in the past. When Meta chose to discontinue the Diem project, Shaikh and Ching decided to join together to create Aptos Labs.

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The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses a considerable risk of loss. The speaker does not guarantee any particular outcome.

I hope you found value in our Crypto Trading For Beginners video. Make sure to leave a like on the video if you gained value from it!

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⏰Timestamps⏰

00:00 -best crypto trading platform introduction.
00:11 -best crypto trading platform summary.
08:25- best crypto trading platform project's outro.