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The Rise of Exchange Tokens: Why Cryptonity’s Success is Inevitable

Exchange tokens started becoming the talk of the town in the mid-2017 as soon as they emerged. The purpose was to give some advantages to the users of these tokens and they were identified as utility tokens. For instance, these tokens can be a way to reward a person who is helping create liquidity in the exchange. More applications of the tokens included lowering of trading fees or give some governance rights to the exchange users. The features varied depending upon the exchange.

Some Great Examples of Exchange Token Success

The attention to exchange tokens increased when they starting achieving success over the years. One such great example is BNB, the exchange token of Binance. The price of BNB has soared over the last few months and is currently trading at a great price. As suggested by the BNB price chart, the token has performed exceptionally and achieved 10 times ROI for the holders. The ROI from the ICO price has increased exponentially to 105 times the original price in just a year.

Following the footsteps of BNB, Huobi Token (HT) is showing a 100 percent increase in the current year. Data suggests that the exchange coins have gained significantly this year and outperformed BTC, which is the usual market trendsetter. While BNB remains the best performer, Kucoin Shares (KCS) has reported a growth of 69 percent.

Understanding the Exchange Token Mechanics

Exchange tokens are designed to benefit their holders in more than one ways. However, the most common advantage of holding tokens is trading fees discount. All the tokens have their own way of offering discounts. While BNB provides its users with a yearly-declining discount, Huobi offers a tiered discount on trading fees for HT. KuCoin exchange, on the other hand, gives 50% of the exchange daily trading fees to the KCS holders as a dividend.

Other advantages enjoyed by the token holders include airdrops and governance rights. ET holders have a right to be involved in the exchange matters like new coin listing. Airdrops given as rewards to the token holders help in increasing liquidity of the new assets and are also useful in increasing the user base. The indirect benefits include the rise in the token price using the buyback and burn programs that decrease the number of tokens in circulation considerably.

Why

Cryptonity

is a Good Choice?

Cryptonity is all set to follow the footsteps of these successful tokens. Since it is built with a community-centric approach, it has tremendous benefits to offer to its users. Along with all the benefits the tokens generally offer, Cryptonity will give its users the following advantages:

Any user with more than 100,000 CNEX tokens can be in a direct partnership with Cryptonity and earn profits.

The top 50 CNEX token holders will share 20% of the total 50% revenue kept for the community and will enjoy a free trading account for a lifetime. They will also get confirmed allocation in the future IEO’s on the Kickstarter platform.

CNEX token prices will be increased using buyback and burn programs until the total supply of tokens is reduced to 200 million.

They will have a say in whether or not the exchange should support fork.

Masternodes Pool and POS Wallets will give added rewards.

The Bottom Line

In sum, Cryptonity has more features than any successful token. Our prediction is that its price will increase exponentially once it is out. There are chances that it might give a hard competition to the existing dominant tokens in the market.

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The Rise of Exchange Tokens: Why Cryptonity’s Success is Inevitable

The Rise of Exchange Tokens: Why Cryptonity’s Success is Inevitable

Exchange tokens started becoming the talk of the town in the mid-2017 as soon as they emerged. The purpose was to give some advantages to the users of these tokens and they were identified as utility tokens. For instance, these tokens can be a way to reward a person who is helping create liquidity in the exchange. More applications of the tokens included lowering of trading fees or give some…

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Why Cryptonity: The Cryptocurrency Exchange You Always Wanted

Cryptonity came into existence with an idea to bring community and cryptocurrency together. The word ‘Cryptonity’ itself is formed from a combination of the words ‘crypto’ and ‘community’. It is an exchange that is inspired by its users’ need for money safety and thrives to emerge as a credible platform that is secure and transparent.

With an aim to develop a cryptocurrency exchange that is perfect for the users, here are a few important features that will make Cryptonity the first choice.

Unmatched Security

The security mechanism on which Cryptonity stands ensures security functions at each step along the way. At the system level, the industry standard encryption protocol is implemented at data transfer layers. This is important to ensure that all user and sensitive data is stored using bank-level encryption. To carry out the sensitive operations like transaction or withdrawal, Cryptonity makes use of the multi-factor dynamic authentication to ensure there is no security breach.

On the operational level, special internal risk control is deployed along with dedicated operation process departments that keep a check on data operation and usage standards. A multi-level review ensures that all the online data is approved and core data is subject to desensitization.

To make sure that users’ funds are secure, the majority of funds (98%) are kept locked in a cold wallet and the rest 2% are used for daily liquidity.

Exceptional Speed and Performance

With an order-making peak value of 1miilion+ per second and the order-processing peak value of 500k+ per second, the technology used by Cryptonity to meet the speed and performance requirements guarantees no delay or lag. Fast service with an assured uptime is the need of regular users as well as institutional traders. All this is achieved using the hardware-accelerated and highly-efficient memory matching technology. Therefore, when the market booms, the transactions take place instantaneously.

Multi-Fiat Currency Support

Cryptonity offers support for multiple fiat currencies, the number of which will expand as the user base increases. Currently, the plan is to support the US dollar, Euro, and Yuan. The system will allow you to deposit or withdraw the fiat currencies using SEPA and International SWIFT bank transfer. However, you must note that fiat currency support might vary depending on the legal regulations of certain countries.

Multilingual Support

At the initial release, Cryptonity will support English and Chinese for making user interaction easy. However, as the user base expands, more languages will be added keeping in mind the user comfort.

Incredible Liquidity

For any exchange, liquidity is one of the most important features. Poor liquidity adversely affects the users and professional traders as shallow order book leads to high slippage in trading. Cryptonity exchange is equipped to have the necessary volume right from the beginning due to partnerships with strategic investors and liquidity providers.

Wider Device Coverage

At Cryptonity, the aim is also to provide its users with comfortable trading experience. Therefore, it offers support for web-based trading, Android and iOS clients, Mobile HTML5 native clients, and REST API.

The Ecosystem

The Cryptonity ecosystem strives to reward its customers through a number of ways. It boasts of being a community-centric exchange and therefore, the goal is to emerge as a platform that puts its users’ interests at the top priority.

It is built on a combination of a few frameworks that will serve as the underlying technology. Here is a brief insight into how Cryptonity achieves its targets.

Distributed revenue to ensure community benefit.

To uphold the transparency and community-centric approach, the Cryptonity exchange works on a distributed revenue model. According to this model, 50% of the revenue is redistributed to the community. This revenue is an incentive to the users for holding and accumulating Cryptonity token.

Exchange Partner Program (EPP)

Under the EPP, any user who holds more than 100,000 CNEX tokens fulfills eligibility of being in partnership with Cryptonity directly. Once they become partners, they will have an opportunity to earn profits under our distributed revenue program. The revenue will be shared in these accounts on a pro-rata basis. For example, if there are 1,000 users who hold 100,000 CNEX tokens. So, depending on the present ETH-BTC pair rate of 0.027 on the platform and daily exchange volume of 3,000 BTC, at 0.1% rate from each side, each user will earn a daily bonus of 0.003BTC and 0.0111ETH. Similarly, there are other cryptocurrency pairs as well that work on the previously explained revenue sharing system.

What is in it for the top 50 CNEX token holders?

A list of top 50 holders of CNEX tokens is made after confirming their identity through KYC. 20% of the total 50% revenue kept for the community will be shared among these 50 token holders.

They are entitled to some other benefits like:

A free trading account for a lifetime.

Refund of the fee paid by them for trading.

Confirmed allocation in IEO’s on the Kickstarter platform bypassing the queue.

Quarterly Buyback and Burn Program to reduce token supply and increase the price. A buyback and burn mechanism will be implemented to achieve a price hike and decrease the circulating supply. Every three months, 10% of the revenue collected by Cryptonity will be used to buy back the CNEX tokens, which will later be sent to a publically disclosed addressed and burnt permanently. This process will continue until the total supply comes down to 200 million, which is half the original supply.

POS Wallets and Masternodes Pool to help customers earn rewards.

Cryptonity plans to create a pool system with a minimum number of required coins to benefit from Masternodes. Each user will earn on daily basis on prorate of the coins that he deposits in the pool. Similarly, POS wallets allow users to earn monthly dividends on the amount locked in.

Users have the upper hand with Forks and Airdrops

The users will decide whether Cryptonity will support a fork or not through polls. Cryptonity Exchange is in process of developing a feature that will allow you to participate in airdrop and get the credit directly in Cryptonity Exchange account.

Cryptonity Exchange’s beta version will be soon available on the web platform and by the end of this year, it will be launched in its full capacity.

Sales for cryptonity token will be exclusive on cryptoadvice.com starting 1 June 2019 9:30 am UTC. Read the details here.

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Why Cryptonity: The Cryptocurrency Exchange You Always Wanted

Why Cryptonity: The Cryptocurrency Exchange You Always Wanted

Cryptonity came into existence with an idea to bring community and cryptocurrency together. The word ‘Cryptonity’ itself is formed from a combination of the words ‘crypto’ and ‘community’. It is an exchange that is inspired by its users’ need for money safety and thrives to emerge as a credible platform that is secure and transparent.

With an aim to develop a cryptocurrency exchange that is…

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Crypto Advice: Beginner’s Guide to Cryptocurrency

Nowadays, we find the recent cryptocurrency affection among millennials. But here the question arises within crypto newbies, ‘Is it ethically correct to invest in the crypto world?’ Actually, you may call it gambling because you may gain huge money with cryptocurrencies that you may lose within the twinkle of an eye. The crypto market ascended in late 2017 while the market declined throughout 2018. So, many overnight millennials of 2017 lost all of the money in 2018. Here are a few hacks for beginners of the crypto market.

Understand the Blockchain Technology before Investing

In order to understand the blockchain technology, start reading articles, blogs and checking online discussions regarding cryptocurrency. You would realize why Blockchain technology and cryptocurrencies are posing threat to the existence of banks, why corporations and government are trying to incorporate it to their systems. Cryptocurrencies aim at empowering everybody with ownership of money. Trusting any third-parties with your funds is totally discouraged at the crypto world.

Invest That Amount Which You Are Ready To Lose

A very important rule of the crypto-market: invest only that amount, which you are ready to lose. Why? The reason is the crypto marked is fuelled by bullish sentiments and hype, not by fundamental elements. The market is unstable and therefore risky. If you mortgage your house to invest in the crypto market, then you are at stake.

Short-Term trading Is Disastrous in Volatile Crypto Market

If you do not have technical skills or any trading expertise, do not think of pursuing short-term profit. Your every decision needs carefulness and patience. Focus on the long-run because the technologies of cryptocurrencies are at an infant stage and many more technologies and several innovations are ready for adoption within the cryptocurrency system.

Diversification Is Essential to Reduce Overall Risk

While investing in cryptocurrencies, bear in mind that you should not put all your eggs in the same basket. Don’t select the only Bitcoin and your investment in the crypto world should be spread proportionally among 1,600 different coins. Though Bitcoin and Ethereum represent the base currency and are comparatively more stable than other coins, make the investment in other coins also to reduce overall risk.

Limit Using Mobile Wallets and Open Trading By Email Account

Hackers always pose a threat to cryptocurrency investors. If you open a separate email-account for crypto trading, you will be able to reduce the risk. This email-account must have two-layer authentication. Password and username, chosen by investors, must not contain the name of the owner of email account.  On the other hand, limit using mobile wallets, which may be vulnerable to electronic tampering.

If you have decided to step into the crypto world and make the investment in cryptocurrencies, Crypto Advice will be the best Digital Currency Group.

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Crypto Advice: Beginner’s Guide to Cryptocurrency

Crypto Advice: Beginner’s Guide to Cryptocurrency

Crypto Advice

Nowadays, we find the recent cryptocurrency affection among millennials. But here the question arises within crypto newbies, ‘Is it ethically correct to invest in the crypto world?’ Actually, you may call it gambling because you may gain huge money with cryptocurrencies that you may lose within the twinkle of an eye. The crypto market ascended in late 2017 while the market…

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Could Bitcoin Price Rise above the Psychological Resistance of $6,000?

Bitcoin is continuously increasing with the current bullish developments on the technical charts and could gain height above the resistance of $6,000. The cryptocurrency printed a high of $5,970 on Bitstamp (seen on November) crossing the resistance of $5,780. On April 23, Bitcoin’s resistance turned-support was $5,627. Bitcoin soon recovered from levels below $5,627 coupled with a level above resistance at $5,780 (seen on June 2018). It proves a strong bullish sentiment. Bitcoin is showing 43% rise from the low level of $4,120 (seen on 2nd April) up to $5,920 on Bitstamp. The rally confirms a change in the trend from bearish to bullish in the weeks. It comes in the lead to Blockchain week in New York. In 2017, Bitcoin increased from $1,233 to $1,207 followed by the conclusion of Consensus on 24th May. Again, prices rose 21% following the blockchain week in September 2015 and 3% following the blockchain week in May 2016. In 2018, prices fell from $8,700 to $5,780 in five weeks following the blockchain week in mid-May. It proved that market sentiment is a greater driving force.

4-Hours Chart

April’s bullish sentiment suggested that BTC is set to break the psychological resistance of $6,000 and may increase up to $6,200 in the next few days. The bullish sentiment is supported by a diamond break out on the 4-hour charts. Cryptocurrency has failed three times to secure a UTC close in the last four days. Therefore, we should now focus on UTC close. The sustained rise to $6,200 will be strong if the price closes above $5,780 (on 7th May). If UTC close is below $5,686, there will be a pullback of $5,000 in the short term. It will prove bearish reversal. Thus, the BTC (Bitcoin) price above $6,000 may be short-lived with the long duration chart. Here the question arises of the sustainability of the current gains.

Prospect

Bitcoin’s quick recovery proves fairly strong bully sentiment. Its rise from $5,627 to above the resistance of $5,780 indicates that the bullish sentiment is really strong. The bullish sentiment is supported by a diamond break out on the 4-hour chart. According to April’s bullish close, BTC crosses the resistance of $6,000 and may increase up to $6,200 in the next few days. Be cautious of the bullish sentiment as a pullback to $5,000 will be stronger if the price dropped below $5,686 in next 24 hours. Be cautious of the bullish sentiment because the 3-day chart proves a bearish divergence of trading volumes.

Crypto Advice is an independent Digital Currency Group, where you can make the investment, and it is obvious that you will get benefit in the crypto future tomorrow.

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Could Bitcoin Price Rise above the Psychological Resistance of $6,000?

Could Bitcoin Price Rise above the Psychological Resistance of $6,000?

Bitcoin is continuously increasing with the current bullish developments on the technical charts and could gain height above the resistance of $6,000. The cryptocurrency printed a high of $5,970 on Bitstamp (seen on November) crossing the resistance of $5,780. On April 23, Bitcoin’s resistance turned-support was $5,627. Bitcoin soon recovered from levels below $5,627 coupled with a level above…

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Crypto Advice | 5 Things Crypto Newbies Should Know!

5 Things Crypto Newbies Should Know! Watch the video to know more!

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CryptoAdvice is a market-making company

CryptoAdvice takes the risk of the coin's volatility by buying in bulk beforehand so that exchange would be possible to individual traders. Crypto Advice is a market-making company who provides bids and come up with prices to correspond to certain marketable securities and utilities such as in the case of cryptocurrencies.

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CryptoAdvice is an investment firm in the UK

Crypto Advice is an investment firm in the UK with a goal to create investable products to the emerging digital currency asset class, based on blockchain.

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How to buy QuickX (QCX) coins? | Crypto Advice

Take this video tour to understand how to buy QuickX (QCX) coin for Cryptoadvice? And learn the “Buy Procedure” of the QCX coin The video details some very simple steps to buy coin to deposit in cryptoadvice.

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Global Cryptocurrency Exchange Binance Launched Its Own Blockchain | Crypto Advice

Global cryptocurrency exchange Binance, that operate the worlds biggest bitcoin exchange and altcoin crypto exchange in the world by volume, has launched its own blockchain “Binance Chain mainnet” and Binance Coin (BNB) as the main cryptocurrency of Binance Chain, reported CCN.

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What is CryptoCurrency? | Understanding Cryptocurrency | CryptoAdvice

What is cryptocurrency? The video very simply takes you through the concept of cryptocurrency. Watch more related videos on CryptoAdvice!

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Crypto Advice Services for Investors Ready to Take the Leap to the Crypto World

With cryptocurrency being the buzzword, many individuals have shown an inclination to stay invested in some of the promising cryptocurrencies and the broader blockchain opportunities.

Crypto Advice to the Rescue of Novice Investors

If you are looking out for someone, who is reliable and will help you take the right step forward regarding investing in cryptocurrencies and blockchain solutions, then Crypto Advice is where you should head to. Crypto Advice helps investors when they tread in the unknown territory of investments in cryptocurrency and blockchain solutions.

Crypto Advice Services for Its Investors

Crypto Advice provides a host of services in cryptocurrencies and blockchain investments for its investors. Let us take a look into the services they offer, which are as follows:

Arbitrage– Arbitrage involves the purchase of an asset and its subsequent sale so as to make a profit from it. Here, the profits are gained as a difference in the price of similar financial instruments in different markets or in different forms. Profit from arbitrage is mainly due to the market inefficiencies. Crypto Advice identifies those inefficiencies and effectively turns them into profit for the investors.

Crypto Trading– This is nothing but the foreign exchange of cryptocurrencies. Different cryptocurrencies are traded for US dollars and Bitcoins. This way, the investors’ money is secured and additional profit is also earned.

Margin Lending– Crypto Advice invests in the lending option of exchange websites. These exchanges offer lending options for margin traders like Crypto Advice. Another form of profit gain is by investing Bitcoins in some of the trustable and interest-giving services. Thus, the interest earned by lending Bitcoins, is transferred to the investors.  

ICO– An investor can be a partner or a shareholder in startups through its ICOs (Initial Coin Offerings). Crypto Advice identifies the most promising token sales and helps investors in picking the right choices for ICOs.

Dice Bankroll– This is one of the rising stars in the development of cryptocurrencies. The dice games use crowdfunding for their bankrolls. Crypto Advice identifies such trusted and good revenue dice games where a profitable return on investment (ROI) is guaranteed.

Crypto Bonds– Here, the money of the investors in the form of cryptocurrency, is taken as a loan by Crypto Advice. These bonds for a specified period of time are then invested to raise funds and finance a variety of projects & activities. The investors here become the owners of the bond or creditors or debt holders. They are paid interest for the bonds they lend for that specified period of time.

Crypto Advice is a true leader in the cryptocurrency and blockchain solutions market. Crypto Advice is, undoubtedly, the right choice for investors, who see a profitable future in cryptocurrencies and blockchain solutions.  

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Are You Ready to Invest? Trust Crypto Advice

The world of cryptocurrency is getting exciting day by day. The profits are huge, and the number game is mindboggling! The platform of cryptocurrency is the blockchain solution. Many companies have placed bets on the upcoming blockchain technology for they offer better solutions. Companies, which are into gaming, have seemingly embraced blockchain technology. While the blockchain technology is in the nascent stages, its future is shining bright.

Crypto Advice Is the Go-to Place for Investments in Cryptocurrencies and Blockchain Solutions

Individuals, who want to invest in the world of cryptocurrencies, fear to tread the unknown path. They know that the profits are attractive, but are reluctant to invest in a territory that is new to them. Moreover, they do not have proper information, guidance or resources to help them. Any wrong step will spell doom and the hard-earned money is lost within a matter of seconds. The right investment will yield profitable returns, and you will find that this cryptocurrency and blockchain sector is a sure-shot try in the long run. For those wanting to invest in cryptocurrencies and blockchain solutions, Crypto Advice is a platform that will guide them in their investment path.

Crypto Advice Bets Big on Cryptocurrencies and Blockchain Solutions

Crypto Advice is an investment firm in the United Kingdom that aims at creating a fleet of investable products in the emerging digital currency asset class and blockchain. They want to provide investors with varied options through a structured investment plan. The team of Crypto Advice picks out those publicly listed companies benefiting from blockchain developments through familiar investment vehicles. They identify promising investments to provide their investors with an edge in nascent cryptocurrency markets.

Crypto Advice Provides Personalized Services to Investors

Crypto Advice believes in picking the best investment routes on cryptocurrencies and blockchain technology. Hence, they offer varied services like arbitrage, crypto trading, margin lending, dice bankroll, ICOs, and crypto bonds. They select a structured investment plan for their investors, and actively manage the portfolio monitoring for risks and returns. It offers a periodic return on investment and also maximum investment freedom. They provide active solution proposals in case of risk alerts in the investor’s portfolio.  

If It Is Cryptocurrency Investment, It Has Got to Be through Crypto Advice

An investor needs to know the nuances of the crypto market if there has to be a sound return on investment. If you are a novice, then there is no point in investing in the cryptocurrency market without the right guidance. Crypto Advice is the right platform for you to get started in the investments in the cryptocurrency and blockchain sector.

Indeed, an investor, who is interested in this cryptocurrency field, can hire the services of Crypto Advice so that they are assured that their money is invested in the right place.

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Crypto Advice Services for Investors Ready to Take the Leap to the Crypto World

Crypto Advice Services for Investors Ready to Take the Leap to the Crypto World

Crypto Advice

With cryptocurrency being the buzzword, many individuals have shown an inclination to stay invested in some of the promising cryptocurrencies and the broader blockchain opportunities.

Crypto Advice to the Rescue of Novice Investors

If you are looking out for someone, who is reliable and will help you take the right step forward regarding investing in cryptocurrencies and…