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June 21, 2020 / Altcoins

BEST CRYPTOCURRENCY EXCHANGES

Once you familiarize yourself with Cryptocurrencies, the first thing you are going to look for is a valid and solid broker or exchange. There are two types of exchanges, Fiat Exchanges and Crypto to crypto exchange. It means, currency for cryptocurrency or swapping of cryptocurrency with cryptocurrency. Based on your needs you can list out which exchange you would go through. 

Whenever you have to choose your exchanges, look for 5 things: Privacy, Limits, Fees, Speed and Reputation

KRAKEN

Kraken is an exchange based in United States and was established in 2011. The fee charged by Kraken ranges from 16% for the seller and the taker will range up to 26%. You can deposit USD, EUR, CAD and other currencies. They also allow the deposit of cryptocurrency if you have any. 

Kraken offers a leverage up to 5x. Kraken uses an intuitive interface and will allow amazing levels set for the investors. The margin trade will hence shoot to 5x. it also offers a wide variety of cryptocurrencies and is supported globally. 

CEX.io

CEX.io is a London based exchange. It offers features like high security, liquidity and cross platform trading. The site offers great support service and is user friendly. It offers a lot of fiat currency pairs to trade.

The site is registered and secure. It has registered with FinCEN in the USA while obtaining 2 DSS certificate of high level security. Bitcoins, BitCash, Bitcoi Gold, Ethereum, Ripple, Dash, Stellar  as well as trading bitcoin futures. are some of the cryptocurrencies available. 

CEX.io enables various methods of payment. It accepts VISA or mastercard, bank or wire transfers. Like every other exchange, you will have to verify yourself as a user. With every level of verification, you will be given extra features to use. 

Bithoven

Bithoven is one of the fresh entry in this industry. In spite of being a newbie in the cryptosphere, its features and algorithms have impressed the audience significantly. The user interface is perfectly suited for beginners as well as professionals. It has basic as well as advanced statistical tools. It offers analysis and candlestick charts which could be followed by beginners. 

Bithoven supports over 350 altcoins. There are absolutely no purchasing and selling limits. It has one of the best customer services and live chat support. Bithoven is backed by one of the most renowned and trusted experts who are also users. The industry is expecting it to grow while Bithoven is ready to release new features. 

BitPanda

Bitpanda was started in Australia and has a lot of investment opportunities. The swapping or exchanging of cryptocurrency through this broker is free of cost and instant. You can enable notifications to alert you about the price. Bitpanda will send you an email and notify you about the price. 

Bitpanda is a very famous exchange which allows you to purchase cryptocurrency with USD, Euros, British pounds and Swiss Francs. It follows a two factor authentication and uses SSL encryption. It has a user interface which is very user friendly for beginners. Beginners will definitely have fun and will understand how to analyze, buy, sell and trade stocks. 

GEMINI

Gemini was started in New York. It rapidly developed and delivered the image of one of the most reputed and a reliable exchange. It is the 39th largest exchange with a 24 hour volume quotation. 

The security is very tight. The software is coded in a way that it holds only a specific amount of cryptocurrencies online while holding the others offline. Every US dollar invested or traded is secured by the Federal Deposit Insurance Company. This means, Gemini is fully registered with the banking standards. 

It offers a very generous customer support and proper guidance to novices. It is well designed with features which can be used by professionals as well as newbies. It charges very low commission or fee. In fact, the bank or wire transfers are free of charge. 

CoinHouse

This is one of the most simplest exchange you are going to find in the industry. You can buy bitcoins using Euro. Bank transfers or credit cards are accepted. Coinhouse gives you a feature which will let you store your coins for a limited period before you transfer it to your digital wallet. However you have to be a premium member to enable this feature. 

They provide analysis about market risks given from experts. They will display risks and opportunities of every investment you want to know. They charge very low commissions

There are a lot of things that can be said about different exchanges. Every exchange is developed and desgined in a different way. All of them have their unique features and their drawbacks. Some might have every single thing that an investor would thrive for but would fall back on security. Picking the right one is tricky sometimes, but you come to know once you use and familiarize yourself with it. …

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March 20, 2020 / Altcoins

How to buy altcoins future trading coins

Blockchain is definitely making its mark in the world out there. There are so many promising blockchain projects emerging all over the world. You can diversify yourself by investing in coinbase coins or digital currencies. It is recommended that you buy small coins rather than large crypto currency coins such as bitcoins as the potential rewards on the smaller coins are significantly higher than the large coins. But if you are new to crypto currency and blockchain technology you can find it a little bit tricky to find your way around this sector. In this article we will see how you can exchange or trade your altcoins.

 

First step, you need to keep in mind safety is all that can make your investment worth it. Always make sure that your private information doesn’t get revealed in any public gateway. You can also do with some additional level of security beyond your regular password.

Then you need to find how you are going to make way for your fiat currency to enter this market. One of the easiest ways is to deposit your fiat from a bank account into the coinbase USD wallet. It is recommended to connect a bank account as coinbase have certain issues while it is dealing with card payments. This method can take some time as you can only after your money has been deposited and transferred into the bank. You can also directly buy them from the coinbase. It just charges you 1.5% fee but it is predicted that the prices will go down significantly in the coming days. Once you have received your coins you can transfer this into GTAX.GTAX does not charge any transaction fees for buying or selling if you use limit orders. It also covers any transaction network fees when withdrawing. You need to make sure you make a limit by order somewhere close to the current market price to buy the coins using your fiat. This way it will make it much quicker. Next, once you have purchased your coins you can transfer it to an exchange that has the alternative coins you want. There are centralized exchanges like Binance which all runs on blockchain infrastructures. Next you have to make an account on your preferred site and find your address for which coins you are transferring in. you need to be very careful when doing this and use the right coins address. There is a chance that you will lose your coins if you do it in a wrong manner. Platforms such as Binance allow you to save money on the fees on exchanges. It will be automatically deducted when you make trades. And finally you can buy your Altcoins. Once you have paired it with the coins you want to buy you are going to enter the market in which you can trade with BTC. You can also store them in your wallet which is highly recommended. You also need to take a look that you are using the correct type of wallet. If you fail to do so there are chances that you will be losing your coins. Commonly Ethereum wallet is much popular among the public and it holds the majority of the coins. However do remember that buying, trading and exchanging digital money can be a tricky job for a newcomer. You are advised to do your own research and look into things wisely to avoid any mistakes. Do remember that the altcoins market can give you extremely high returns even with minimal starting capitals if you know your way with the market.

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March 20, 2020 / Cryptocurrency

HOW CRYPTO CURRENCY IS HELPING HACKERS AND DARK WEBSITE OWNERS

Crypto currencies are widely used by hackers and the darker side of the web to make illegal and unfair affairs. It is being done for a pretty long period of time. However, it cannot be stopped; it can at least be restricted to some extent. 

The dark web first came into play in 1970s. It was actually a term to denote private networks which had a high level of privacy. But it has come a long way from being the innocuous system it used to be. Gradually it has become the ultimate hub for the communication and planning of criminal activities. To facilitate their trade the crypto currencies, most especially- Bitcoin, became the currency of choice.

Trendon Shavers conceded that he ran 150 million dollars Ponzi scheme. This came shortly after Tomáš Jiříkovský was caught in Czech Republic after he tried to steal thousands of Bitcoins for a darket market. There are many cases where individuals or groups have embezzled a sum of money from a crypto currency exchange. 

There are a number of reasons why the darkweb is using the crypto currency as their weapon of choice. Crypto currencies use blockchain technology as their foundation. This is a decentralized way of making transactions or payments.  It becomes extremely beneficial to activities on the dark web when you can execute transactions without leaving a trace. The crypto currencies generate a special address with every transaction. Even though the address is traceable, it cannot be completely traced back to the original owner. Now this is a dream come true for the dark web. Through the blockchain technology, the transactions are made in a really secure manner. The black market dealer is getting a reliable and secure means to get their transactions done which otherwise would not be allowed on other payment platforms like PayPal. They are getting intrusion from the government through crypto currency. It is estimated that at least 47% of transactions involving Bitcoin are done on the dark web. The criminals are getting a wider range of autonomy compared to the traditional ways of transactions. In fact, tech-savvy individuals can make huge transactions on the network. There are relatively low cost of transaction and the process is also very speedy. The hackers are doing their business by making the victim click on a link which will direct them to their scams. They can easily make transactions and it cannot be traced back to them. The government can keep tracks through the traditional ways of transactions. But with this form, they will surely face a number of difficulties to track or restrict such activities. 

The term crypto jacking means that the unauthorized use of someone else’s computer to mine crypto currency. Just with a simple click on some malicious link, hackers can trap their victim in this scam and inflict their computer. The practice is rampant as it doesn’t even require any special technical skills. It is a simple method for hackers to make more money with lesser risks. Crypto mining continuously generates money rather than the ransom worthy sum they used to get earlier. Crypto mining code might include multiple versions to account for different architectures on the network to increase their ability to spread across a network. 

Since 2017, the value of crypto currency shoots up and then it plunges down. But people are using it as investments in case the value skyrockets anytime soon. If it does, it can be so that the black web is going to come up with new methods to inflict their illegal activities. 

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March 20, 2020 / Cryptocurrency

HOW CRYPTO BOOSTED STARTUP ECOSYSTEM

Crypto currencies have played a major role to boost the startup ecosystem.  Both crypto currency and blockchain technology has been very transformational in nature over the years. The blockchain technology has proven to be really effective globally and it is being adopted on a really wide range. So let’s have a look at how the new crypto currency has boosted the startup ecosystem?

The crypto currency, blockchains and startups together are a new step towards an efficient future.  Logistics, cyber security and policy enforcement, all have adopted the blockchain technology as it is really proving efficient. But are there are ally any major advantages that blockchain technology has on these cases in terms of transfer? The record keeping technology is based on a distributed ledger system. Your information is kept in a verifiable and permanent format. It is protected using PoW or PoS. it record every transaction in successive blocks. It can also be retroactively overwritten or modified. Simply by increasing productivity and reducing costs, the technology has the potential to add a major amount to the economy. The development of the IndianChain NITI Aayog, can turn out to be largest government-sponsored blockchain project. It is not an easy task to implement the technology. The global network of miners secures and verifies crypto transactions as their rewards are paid through crypto currency. 

 

With the access to the blockchain community it opens up new doors for startups. You are able to contact and interact with world’s topmost entrepreneurs, developers, and investors. These are the people who are participating in the blockchain investing, consulting and building upon the blockchain. With more and more countries who have taken the initiative to promote blockchain technologies, the startup industry are getting even more help. This also helps the startups to develop new business opportunities with the blockchain technology. It is easier as there is no centralizes authority. It gives a sense of security and transparency for new startups. Aside from giving a global platform and reach, blockchain allows a decentralized way of building applications for them. Platforms like Ethereum have started offering companies an opportunity to use blockchain for free and to develop applications quickly using it.  

The counter currency can be considered as a gold mine for the future of startups. However, this is not limited to startups only. Anyone looking to partake in investment opportunities can join the network and invest in them. Another great thing is that it takes away the monopoly of venture capitalists and angel investors away. This means that it provides a chance for retail investors to invest in any breakthrough technology with this. It would have been rather difficult with the traditional private venture fundraising. 

As crypto currency provides a transaction with without any interference from a centralized authority, it is a golden opportunity for the net startups. It is rather cost effective and proves to be simpler and easier mode of transaction. This makes it easier for the budding startups.  It can also be used as an alternative to the regular methods of payment between several networks. 

Crypto currency is a method that has changed the way funds are raised during the initial stage of start-up. With the introduction of ICO as the go-to medium to raise capital it offers Initial Coin Offering to any investor in exchange for their investment. This means the startups can now avoid selling or sharing a stake of their company to the investors. 

Therefore, it is no wonder that crypto currencies are kind of a life saver for any budding startups. With fund risings and a secure future, this can shape the structure of a country. …

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Recent Posts

  • BEST CRYPTOCURRENCY EXCHANGES
  • How to buy altcoins future trading coins
  • HOW CRYPTO CURRENCY IS HELPING HACKERS AND DARK WEBSITE OWNERS
  • HOW CRYPTO BOOSTED STARTUP ECOSYSTEM

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