# Blum General FAQ

#### **What is Blum?**

Blum is a **decentralized exchange (DEX)** that offers trading options for tokens from both **centralized and decentralized platforms**, along with **streamlined derivatives trading**.\
You can use Blum now via **Telegram mini app.**

#### With Blum, you can:

* **Trade futures**
* **Buy any coin** across various networks
* **Avoid the limitations** of CEXs (centralized exchanges)
* **Skip the complexity** of traditional DEXs

We **don’t hold your funds**. 

Instead, you can connect existing TON wallet from applications like Tonkeeper, MyTonWallet, Tonhub, SafePal, @wallet from Telegram itself, also wallets from Bitget or OKX applications .

List of supported TON wallets can be explored during wallet connection procedure:

<div align="left"><figure><img src="/files/Ir6pIkmHKvmW4VHpG8TW" alt="" width="299"><figcaption></figcaption></figure></div>

***

#### **What is the Blum Crypto Bot?**

The **Blum Crypto Bot** is our Telegram mini app — your **first step** into the Blum ecosystem.\
It helps you:

* **Earn Blum Points**
* **Learn crypto basics**
* Explore the platform **risk-free** — no initial investment needed

***

#### **How can I farm Blum Points?**

Just head to **BlumCryptoBot** and sign up for a Blum account. Then:

* Tap the **‘farm’** button to start collecting points
* Check in **every 8 hours** to claim more
* Invite friends and earn:
  * **10%** of your friends’ earnings
  * Plus **2.5%** from their referrals
* Complete **daily and social tasks** to boost your rewards

💡 The more friends you bring — the more points you get.\
**More points = more fun. Deal?**

***

#### **Why do I need Blum Points?**

Blum Points are more than just engagement stats.\
You can **redeem them** inside the Blum app for various rewards.\
And in the future… who knows?\
They might become even more valuable — **stay tuned!**

***

#### **I'm not fluent in English. Where can I find content in my language?**

We’re building strong **local communities** worldwide.\
Check out the section for your region and connect in your native language:

* [CIS](https://t.me/blumcrypto_cis_chat)
* [INDONESIA](https://t.me/blumcrypto_chat_indonesia)
* [CHINA](https://t.me/blumcrypto_chat_china)
* [TURKEY](https://t.me/blumcrypto_chat_turkiye)
* [BANGLADESH](https://t.me/blumcrypto_bangladesh)
* [THAILAND](https://t.me/blumcrypto_thai_chat)
* [VIETNAM](https://t.me/blumcrypto_chat_vietnam)

Find even more local bros on [**Discord**](https://discord.gg/Awz2jkzBgf).

***

#### **I want to help the project. How can I get involved?**

We’re always looking for **Blumies** — passionate volunteers who want to grow the Blum ecosystem.

If you want to:

* **Support the community**
* **Promote crypto culture**
* **Make a real impact**

Apply [here](https://www.blum.io/post/blum-community-squad-blumies) and join the movement.

***

#### **I'm an influencer interested in promoting Blum. What should I do?**

We’re actively looking for **Blumbassadors** — influencers ready to spread the word.\
If that sounds like you, check out the **terms and application form** [here](https://www.blum.io/post/blum-community-squad-ambassadors) and get involved.

***

#### **Where can I read more about you?**

Blum is built on solid foundations and recognized by leading industry sources. Check these out:

* **Bloomberg** — [*Ex-Binance Executives Set Up New Crypto Exchange*](https://www.bloomberg.com/news/articles/2024-03-04/ex-binance-executives-kostarev-smerkis-set-up-new-crypto-exchange)
* **Binance** — [*Blum selected for Binance Labs MVB VII*](https://www.binance.com/en/square/post/2024-03-01-binance-labs-reveals-13-early-stage-projects-selected-for-mvb-season-7-accelerator-program-4819541225938)
* **MVB VII Demo Day** — [*Virtual Pitch: Blum*](https://www.youtube.com/watch?v=z224OfRUPSI\&t=451s)
* **Coinbureau** — [*Future of Crypto with Vladimir Smerkis*](https://www.coinbureau.com/analysis/future-of-crypto/)


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