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xrpripplecrypto · 3 years ago

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Buy XRP USA Canada UK Australia Worldwide

Looking to Buy XRP, Sell XRP USA Worldwide? XRP Ripple Cryptocurrency for Cash! We also provide reviews for the best XRP exchanges, XRP wallets, and XRP news!

How to Buy Sell XRP Ripple

So, you’ve decided to invest in XRP Ripple. However, you’re confused and don’t know where to start - you're wondering, how to buy XRP? With so many options available, it can be difficult to choose the best option for you. Plus, there are lots of things you need to think about before you start making payments.

Learning how to buy XRP in USA can be a confusing process. It doesn’t have to be, though. In this guide, we will give you the answers!

How to Buy XRP?

The process of buying and selling XRP has been made a lot simpler over the last few months. There are a few important factors that you must think about before buying XRP:

Payment Method

The most common and accepted payment methods to buy cryptocurrency include: credit card, bank transfer, or even cash. Different websites accept different payment methods, so you'll need to choose a website that accepts the payment method you want to use.

Type of Cryptocurrency

Not all cryptocurrencies are available for purchase on every website. You will have to find a website that sells XRP that you want to buy.

Cost of Fees

Each website has different fees. Some are cheap, some are not so cheap. Make sure you know how much the fees cost before setting up an account on any website. You don't want to waste your time verifying yourself and then find out the fees are too high!

How Much You Can Afford

As with any investment, you should never invest more than you can afford. I recommend speaking to a financial adviser first.

With those 4 factors in mind, we can move on. When you buy your XRP, though, where are you going to store it? I'll give you a hint: it's not your bank account.

Cryptocurrencies

Nationwide USA

Worldwide

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Cryptocurrency Wallet

A XRP wallet is where you store your cryptocurrencies after you have bought them. You can compare a cryptocurrency wallet with your bank account. In the same way that you store traditional currencies (USD, JPY, EUR etc.) in your bank account, you will store your cryptocurrencies in your crypto wallet.

There are a lot of easy-to-use and safe options to choose from. It is important that you choose a highly-secure wallet, because if your cryptocurrency gets stolen from your wallet, you can never get it back.

There are three types of wallets:

Online wallets: The quickest to set up (but also the least safe);

Software wallets: An app you download (safer than an online wallet);

Hardware wallets: A portable device you plug into your computer via USB (the safest option).

The wallet you need will depend on which cryptocurrency you want to buy. If you buy Bitcoin, for example, you'll need a wallet that can store Bitcoin. If you buy XRP, you'll need a wallet that can store XRP.

Luckily, there are a lot of good wallets to choose from that can store multiple cryptocurrencies.

Where to Buy Cryptocurrency?

To learn where to buy XRP, you’ll first need to know where to purchase XRP stock. Just a few years ago, there were only a few places to buy and sell cryptocurrencies. Now, though, there are a lot more! Let’s look at the different places and ways you can get your crypto.

How to Buy Cryptocurrency at Cryptocurrency Exchanges?

XRP exchanges are online websites that let you exchange your local currency for cryptocurrency. Exchanges are the most popular way of buying cryptocurrency. I recommend newbies to use these exchange websites as they are easy-to-use and quick to set up.

Payment Method: Most of the exchanges accept payment by bank transfer or credit card, some of them also accept PayPal.

There are a lot of exchanges for you to choose from. Each one of them has different levels of security and they each accept different types of payment methods. Most exchanges will ask you to follow the steps below before you can start buying cryptocurrency.

Check the security of the exchange. This is the most important thing you need to consider as investors have lost lots of money in the past when the exchanges have been hacked.

Transaction fees – the lower, the better.

The number of payment options available: do they accept bank transfer, credit card, PayPal, etc.?

The amount of time it takes to activate your account — if you’re in a hurry, you might not want to wait a long time to get verified!

Which cryptocurrency options they offer. For example, if you want to buy the XRP token then you need be sure that the exchange you choose sells the XRP token.

#buy xrp

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primorcoin · 2 years ago

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New Post has been published on https://primorcoin.com/central-bank-of-taiwan-warns-investing-in-nfts-could-be-dangerous-report/

Central Bank of Taiwan Warns Investing in NFTs Could Be Dangerous (Report)

The Central Bank of the Republic of China (Taiwan’s central banking institution) reportedly warned that the non-fungible token (NFT) sector is full of fake transactions. As such, it advised investors to beware when dealing with such digital collectibles.

Investing in NFTs Hides Risks

According to a recent report by the Taiwan News, the nation’s central bank does not find dabbling with NFTs as an appropriate investment strategy. Citing a survey, the institution reminded that less than 30% of investors profit when selling digital collectibles, while every third produced artwork doesn’t end up sold.

NFTs could define both digital and physical objects. As such, one could prove ownership over those assets and verify their authenticity. The bank, though, argued that this quality is doubtful since every individual can produce a digital collectible and use it to steal data.

Last year, the American YouTuber – Logan Paul – joined the NFT craze by partnering with Bondly Finance. They vowed to create and distribute non-fungible tokens for Paul’s “Pokemon Break Box.”

Several months later, the American dived into the space again, but his actions sparked doubts among investors. He was alleged to have photoshopped stock images for his Cryptozoo project and later sold those fake items to investors for millions of dollars.

The central bank of Taiwan further noted that despite its progress last year, the NFT market has slowed down recently. The number of traders was not more than 75,000 in 2020, while a year later, it skyrocketed to 2.3 million people.

It is also worth noting that NFT trading volumes were charting their most impressive peaks last summer. At the end of August, they exceeded $500 million for a single day. However, the trends changed, and the craze started cooling off in September.

Bill Gates’ Thoughts on NFTs

Last week, the American business magnate and Co-Founder of Microsoft – Bill Gates – advised investors to pay extra attention when trading NFTs because they are based on “the greater fool theory.” The billionaire sarcastically noted that “digital images of monkeys are going to improve the world immensely.”

With his comments, he most likely referred to the Bored Ape Yacht Club (BAYC) – an NFT collection featuring different caricatures of monkeys. Despite Gates’ negative opinion of them, numerous celebrities have already spent millions to acquire some of the collectibles. The singer Madonna, the Brazilian soccer star Neymar, and the tennis champion Serena Williams are some examples.

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#Binance #BNB #CryptoExchange #DEFI #DEFINews #NFT #NFTNews

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thecryptobaba7 · 3 years ago

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Cryptocurrency Market Booming in India

Best Cryptocurrency Exchange in India

India is in a unique position to drive development and innovation in the cryptocurrency industry. Policymakers can take into account numerous use cases and examples despite past reports of a possible ban on cryptocurrencies in the nation. This will help them to better comprehend the genuine potential for using cryptocurrency and its implications on the economy. In the last few years, India's cryptocurrency market has seen a transformation. Despite regulatory uncertainties and high volatility, Indian investors prefer to invest in cryptocurrency over gold.

From cryptocurrencies getting banned by the nation’s central bank in 2018, India has come a long way, currently, having 15 native cryptocurrency exchange platforms that allow buying and selling, with more than 1.5 crore users. The sheer volume of it is astounding. According to BrokerChooser, India has the biggest number of cryptocurrency owners in the world at 10.07 crore. Second and third place go to the United States and Russia, respectively. India stands fifth in the world in terms of the number of cryptocurrency owners per capita.

A surge in investment and numerous new domestic ventures followed the Reserve Bank of India's clarification on cryptocurrencies in May of this year. when asked regulated banks not to caution consumers against cryptocurrency trading in accordance with its 2018 directive banning such transactions. The RBI circular, which had been in effect for three years, was withdrawn in 2020 following the Supreme Court's involvement in response to a suit brought by the Internet and Mobile Association of India (IAMAI) and cryptocurrency exchanges.

Reports predict that by 2030, India's cryptocurrency market would be worth $24.1 billion, and it will be worth $2.3 billion by 2026. Historically, only well-educated individuals familiar with the cryptocurrency sector invested in digital currencies. However, the local excitement of marketing and networking has lately inspired the general public to explore cryptocurrency trading. Considering the country's evolution of digital currencies and China's recent crypto ban, analysts think that India has the potential to emerge as Asia's crypto hub.

A new class of Investors

Enterprising Indian youths have emerged as a new class of investors, accelerating the growth of cryptocurrency. Intrigued by the prospect of massive earnings and the desire to experiment with their early income strategies, the youngsters are purchasing cryptocurrency and other assets and quickly becoming acquainted with the market's ups and downs. Within a few weeks, the epidemic accelerated the move from online education to online investing.

Young cryptocurrency investors have a plethora of trading platforms to choose from. Several of India's leading the best cryptocurrency exchanges, including Coinsbit India, CoinSwitch Kuber, CoinDCX, and WazirX, have all started social media campaigns to drive traffic to their respective sites and introduced user-friendly products.

How do people start investing in Crypto?

From launch just a couple of months earlier, Coinsbit India has quickly made a name for itself and became India’s fastest-growing crypto exchange. You can easily start investing in cryptocurrencies with Coinsbit India. Access a plethora of crypt assets including the likes of can bitcoin and other popular altcoins, namely Ethereum (ETH), Binance Coin (BNB), Litecoin (LTC), Bitcoin Cash (BCH), Tron (TRC), USDTether (USDT), and Compound Finance (COMP), along with several DeFi coins with the Bitcoin (BTC) and other pairings. Get access to multilingual telephonic IVR support, available six days a week, and trade worry-free every time you sign into coinsbit India.

All one has to do is sign up on the platform, or any other similar platform, complete the KYC norms, and that’s it.

Conclusion

Since the pandemic triggered the global economic crisis, which resulted in increased volatility and devaluation of traditional assets like currencies, bonds, and shares, more Indians are investing in digital currencies. As a result, an increasing number of individuals are investing in cryptocurrencies. While gold is viewed as a perfect hedge against economic and financial catastrophes, ambitious investors appear to be rekindling their interest in cryptocurrency.

#Cryptocurrency #coinsbitindia #bitcoin

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cryptopop122 · 3 years ago

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Cryptocurrency Market Booming in India

Best Cryptocurrency Exchange in India

A new class of Investors

How do people start investing in Crypto?

All one has to do is sign up on the platform, or any other similar platform, complete the KYC norms, and that’s it.

Conclusion

#Cryptocurrency #coinsbitindia #bitcoin

0 notes

cryptopop12 · 3 years ago

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Cryptocurrency Market Booming in India

Best cryptocurrency exchange in India

Cryptocurrency Market Booming in India

A new class of Investors

All one has to do is sign up on the platform, or any other similar platform, complete the KYC norms, and that’s it.

Conclusion

#cryptocurrency #bitcoin #bestcryptocurrencyexchangeinindia #coinsbitindia

0 notes

joshuajacksonlyblog · 5 years ago

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Sunday Digest: Bitcoin Price, BSV Pump and Dump, and Other News

Today is the day when Orthodox Christians submerge themselves in icy water to mark Epiphany, celebrating the baptism of Jesus in the River Jordan. Personally I prefer to celebrate my Bitcoin epiphany with a couple of icy beers, but you know, each to their own. Bitcoin Price: On The Up If last week, bitcoin price was all about $8k, then this week was all about $9k. Or to be more specific, would we get there? Certainly, at the start of the week, the sentiment seemed to have turned bullish. $8k holding throughout the weekend raised hopes of a repeat of last year’s rally. After a quiet Monday, the price started to pump on Tuesday, perhaps due to a mass liquidation of short positions on BitMex. From $8.1k bitcoin shot up, pausing briefly at resistance around $8.6k before finally topping out at around $8.8k. And there it stayed for the rest of the week, trading in a range from $8.6k to tantalizingly close to $9k. It was looking as though $9k would have to wait, but then a spurt this morning saw $9k fall, and eyes move on to the psychologically significant $10k level. The three competing theories on future bitcoin price models all point in the same direction, albeit at different rates. And a conservative analysis of the level of the next all-time high (ATH) came in at around $75k – $85k. This means that, as usual, anything can happen. Let’s see if we can make it through January and keep hold of the month’s gains so far, for starters. Bitcoin SV Flips Then Dips Bitcoin SV had a notable week to compound its already impressive January gains. Craig Wright and Calvin Ayre have been promising “something big” for the coin for the past few months. Still no word on what that might be, although the price has pumped on the anticipation, with BSV flippening Binance Coin (BNB) early in the week. This brought great joy to SV supporters as Binance CEO, CZ, led the delisting of SV when Craig Wright got out his lawsuit hammer, last spring. But BSV wasn’t done there. Price doubled overnight, to see the token flippen its arch-rival, Bitcoin Cash (BCH). Of course, what goes up and all that. Crypto Twitter was circling SV like a vulture, waiting for the epic crash it sensed coming. It didn’t have to wait long. SV started dumping hard, with the previous pump labeled wash trading, something which is actually easier when delisted from major exchanges. Something about Russia and Crypto Legislations… On Tuesday we published an article suggesting that there may finally be some movement on Russia’s long-debated crypto-legislation. It wasn’t the first time that officials have made such claims. However, it was the first time that such claims were followed two days later by news that the entire Russian government had resigned. So would the new Prime Minister be likely to expedite crypto legislation? At this stage, it’s impossible to be sure. News In Brief China’s Central Bank Digital Currency (CBDC) may not be the done deal we have been led to believe. Whilst it is supposedly now ready for limited geographical testing, an ex-governor of the Peoples Bank of China has suggested that current blockchain technology is not efficient or scalable enough. Meanwhile, it was announced that the Reserve Bank of Australia is trialing its own simulated CBDC in a wholesale payment system. According to reports, Ripple spent around $170,000 lobbying US lawmakers in 2019 in an attempt to influence crypto regulation. But if you think that’s a lot, it spent a massive $450,000 in 2018, with a similar lack of solid results. And Finally… According to a survey, over a third of small and medium-sized enterprises (SMEs) in the US now accept payment for goods and services in cryptocurrency. It must be to cater for all the actual Nazis who are using bitcoin, according to certain US government officials. What was your favorite bitcoin and crypto news story of the week? Let us know in the comments below! Image via Shutterstock The post appeared first on Bitcoinist.com. from Cryptocracken Tumblr https://ift.tt/30y2OJG via IFTTT

#IFTTT #Cryptocracken Tumblr

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jacobhinkley · 6 years ago

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Ethereum [ETH] based gambling during the World Cup, authorities vigilant

Reports show that this year’s World Cup will be watched by approximately 4 billion people with the gambling community taking full advantage of this worldwide phenomenon. The tournament is slated to fetch over $36 billion in the gambling market with most of the funds being transferred using cryptocurrency.

The World Cup final that is happening on 15th July is expected to contribute a massive chunk of this gambling fund. Some of the recent sources reveal that most of the cryptocurrency gambling platforms are based on Ethereum [ETH] and Binance Coin [BNB].

Using cryptocurrency in the betting industry has been a major thorn in the side of the authorities with countries like China taking strict action against it. This was made evident by the country’s police force shutting down a cryptocurrency gambling ring conducting illegal bets on the ongoing World cup results.

On 13th July, the ‘Chengguan’, another term for China’s police force, released a statement which stated that they had arrested six major suspects in the gambling ring. The police proceeded to freeze assets worth five million yuan found in their accounts and cryptocurrencies worth 10 million yuan. The main tokens that the convicts traded in were Bitcoin [BTC], Ethereum [ETH] and Litecoin [LTC] because of their decentralized nature. Chinese local news outlet, Xinhua stated that the sting operation led to some startling developments:

“The network took off more than 20 involved gangs, arrested more than 540 suspects, smashed more than 70 gambling apps and websites, shut down more than 250 online social platform chat groups, and frozen more than 260 million yuan of funds involved in the seizure. A group of servers, computers, mobile phones, bank cards and other items involved.”

The police also reported that the ring was successful till now because they ran their businesses on the infamous ‘dark web’, the part of the internet with no rules and unindexed search engines. During their run, the gambling site had almost 350,000 users with the founders running a sort-of pyramid scheme to bring in more users. Over 8000 ‘special agents’ were given incentives depending on the number of users they bought to the website.

The police commented on the bust saying:

“The gambling syndicate used the loophole that virtual currency is not effectively regulated in our country to make huge profits”

The post Ethereum [ETH] based gambling during the World Cup, authorities vigilant appeared first on AMBCrypto.

Ethereum [ETH] based gambling during the World Cup, authorities vigilant published first on https://medium.com/@smartoptions

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preciousmetals0 · 5 years ago

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Bitcoin Breakout Hopes, Telegram Trial, Binance Donation: Hodler’s Digest, Jan. 6–12

Bitcoin Breakout Hopes, Telegram Trial, Binance Donation: Hodler’s Digest, Jan. 6–12:

Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.

Top Stories This Week

Bitcoin on the verge of breaking seven-month downtrend

ECB president pushes for a central bank digital currency

Court denies SEC request to make Telegram reveal ICO bank records

Former Mt. Gox CEO Mark Karpeles seeks to put long-standing lawsuit to rest

Binance charity launches relief effort for Australian bushfires

Winners and Losers

At the end of the week, Bitcoin is at $8,177.14, Ether at $145.01 and XRP at $0.21. The total market cap is at $218,284,671,194.

The top three altcoin gainers of the week are Aave, GoChain and Chimpion. The top three altcoin losers of the week are Synthetix Network Token, ABBC Coin and Quant.

For more info on crypto prices, make sure to read Cointelegraph’s market analysis.

Most Memorable Quotations

“We are working on all aspects of CBDC, with in-depth analysis of costs and benefits of such a new form of central bank money.”

Christine Lagarde, ECB president

“Beware these scams. Now on Instagram :(“

Martin Lewis, British financial expert

“Something unforeseen that could happen could really move it [Bitcoin] faster.”

Sonny Singh, BitPay chief operating officer

“It is painful to see the bushfires burning across Australia as well as the devastating effects on the ecology and local community. We want to help this urgent crisis.”

Changpeng Zhao, Binance CEO

“Litecoin Difficulty Ribbon now in recovery. Should set up a bullish breakout of the bearish channel. I wouldn’t be surprised if LTC leads a bullish breakout of BTC.”

Willy Woo, crypto analyst

Prediction of the Week

BitPay exec: “Something unforeseen” to push Bitcoin over $20,000 in 2020

Related: Experts Share: What Will Bitcoin’s Price Look Like in 2020?

FUD of the Week

Bitcoin scam ads featuring Martin Lewis now spotted on Instagram

CFTC cannot locate man responsible for $140 million crypto Ponzi scheme

Directors of alleged crypto pyramid scheme Dunamiscoins to stand trial

Best Cointelegraph Features

Bitcoin is becoming more valuable to Iranians amid tensions with the U.S.

Shiraz Jagati takes an in-depth look at BTC’s movements following the death of Iranian commander Qassem Soleimani, and asks whether Iranians really believe in the power of Bitcoin.

Blockchain and crypto: Will security issues finally be dealt with in 2020?

What happens if the U.S. loses the blockchain war?

China is seizing an opportunity to stand up to the United States and flex its muscles. But what will happen if Beijing wins the blockchain race? Paul McNeil has a look.

#Timor Invest

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cryptoevent · 5 years ago

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Best Bitcoin Exchanges – Cryptocurrency Trading Websites for 2019

As more and more people are becoming increasingly interested in trading cryptocurrencies, and with the existence of numerous thriving cryptocurrency exchanges, it is necessary to assist these newcomers in selecting a suitable cryptocurrency exchange. This is the aim of this article.

This article is an insightful guide, covering analysis of the top Bitcoin cryptocurrency exchanges in the market presently and is directed to people looking to gain a base knowledge about cryptocurrency exchanges and also for other cryptocurrency enthusiasts.

Before we go into the details of the top-ranking cryptocurrency exchanges for trading Bitcoin and altcoins, we need to first understand what a cryptocurrency exchange is.

What Is a Bitcoin Cryptocurrency Exchange?

A Bitcoin cryptocurrency exchange is an online platform where Bitcoins and other altcoins are bought and sold by matching buyers with sellers. Just like every other commodity, the price of Bitcoin is determined by supply and demand.

There are Bitcoin exchanges spread across the globe, which provides support to different users across regions.

There are numerous functions carried out by crypto exchanges, however, most of them possess varying functions. Some exchanges approve fiat currency-based transactions while others carry out the only cryptocurrency. Some Bitcoin exchanges are supervised by regulatory bodies while others are not. It is worth mentioning though that a good cryptocurrency exchange should allow for supervision from the authorities to ensure that its users’ funds and information are protected.

Some exchanges don’t sell Bitcoins at any cryptocurrency for that matter, rather they create a means for their users to make “bets” on price fluctuations of a cryptocurrency.

There is a truckload of Bitcoin exchanges to choose from and this guide will make it easier for the reader to make a decision.

Questions to Answer Before Choosing a Bitcoin Exchange

1- Is the exchange affordable?

When choosing an exchange, you have to look out for the costs of using that platform. If an exchange charges excessive fees per trade and you just happen to be a frequent trader, it means that you will be spending a whole lot on commission fees and this could eat into your profits. You also need to find out how much is charged for overnight fees, withdrawal fees as well as deposit charges.

2- Is the exchange compliant with regulations?

You also have to find out if the exchange you plan on adopting governed by regulatory agencies. The reason for this is to ensure that the exchange is obeying the set rules by the authorities thereby protecting you, the user, from negative market occurrences like hacks, market manipulation and so on. Some of this regulatory body include the CySec and the FCA.

3- Do they have responsive customer service?

This is a very important aspect of selecting an exchange. You want to make sure that the exchange you’re using has an active customer care service to assist you in times of uncertainty or confusion.

4- Is the exchange highly liquid?

You need to find out if your desired exchange has a constant inflow of liquidity so your transactions can be carried out without much delay. In a situation where liquidity is poor, facilitating transactions will be very problematic which could render the trader stranded

5- Is it available for your location?

You need to find an exchange that renders services to your locality. Also, you need to make sure that the exchange remains accessible even in an event where they change location.

6- Is the exchange site trustworthy?

Be sure to always look out for indications of authenticity and trustworthiness of the exchange website.

7- Are they offering professional trading on your behalf?

It should be noted that any crypto exchange platform that is promising to offer you “professional trading services” for a fee or whatever reason, is a sham and as such should be avoided at all costs.

Best Bitcoin Sites for 2019

Now that we know what to look out for before choosing an exchange, let us look at a suitable platform with their features, advantages, and disadvantages. In no particular order, listed below is the 2019 best cryptocurrency exchange/site.

CryptoRocket

CryptoRocket is an offshore brokerage which is owned by CryptoRocket Limited and is registered and situated at St. Vincent and the Grenadines. This platform uses a MetaTrader 4 trading system and it offers a variety of assets ranging from forex to stocks, cryptocurrencies, indices and a hist of other assets for its users to trade on. The cryptocurrency section offers trades on Bitcoin, Monero, Zcash, Ethereum, Tron and a lot more.

Pros and Cons

Pros:

It offers a great variety of cryptocurrencies and other assets to choose from.

It doesn’t require excessive verification procedures.

It has a delightful user-friendly interface.

It requires zero fees on deposits, withdrawals, and other transactions.

Cons:

There are no cryptocurrency wallets available on this platform.

It has limited payment options.

It currently does not operate in a lot of countries including the United States.

Binance

Binance is a Hong Kong-based cryptocurrency exchange previously situated in China, where they subsequently moved to Japan, Taiwan, and finally Malta in search of a more suitable national regulation. Binance is the largest cryptocurrency trading platform in the world, as regards volume. Binance offers a wide array of cryptocurrencies available for trade including Bitcoin, Ethereum, Tether, and their native coin BNB.

Pros and Cons

Pros:

It doesn’t require excessive verification to trade cryptocurrencies. Just your email will do.

It allows cryptocurrency deposits as well as fiat currencies.

It offers a great selection of up-to-date cryptocurrencies.

Cons:

Binance is the most targeted exchange from hackers and phishers.

Verification becomes slow when looking for extended limits.

Coinbase

Coinbase is an American-based fiat-cryptocurrency exchange that accepts US dollars, as well as other specific fiat currencies, in exchange for Bitcoin, Ethereum, Litecoin, Ethereum Classic, Bitcoin Cash, and Ripple.

Coinbase is a very sort after crypto exchange because of its wide availability and its user-friendly platform. However, Coinbase is among the most costly Bitcoin exchanges to use. This is a result of the impressive level of investor protection they offer their customers.

Pros and Cons

Pros:

In Coinbase, you own the Bitcoin or the crypto asset you’re buying on the exchange.

There is no need to make deposits of funds when you want to buy Bitcoin (for instance those who use credit cards).

The Coinbase platform has a user-friendly interface and is easy to understand by newbies.

Also, on Coinbase, the fees required for credit card transactions are very low.

Cons:

The trading fees charged by Coinbase are relatively higher compared to those charged by other top cryptocurrency exchanges.

The credit card charges are also relatively high compared to other top exchanges.

24Options

24Options is one of the best trading platforms for Bitcoin and other cryptocurrencies. This platform gained a great deal of fame when they carried out a market strategy that involved supporting and sponsoring a football giant, Juventus.

24Option trades traditional cryptocurrencies as well as CFDs. The platform, which has an impressive user-friendly interface, also trades other assets including stocks, commodities, and forex.

24Option has indicated interest in exploring Cannabis stocks, which is currently a booming sector in the global markets.

Pros and Cons

Pros:

They accept payment methods from electronic wallets, credit and debit cards, as well as bank transfers.

They adhere to regulations set by regulatory authorities (CySec, FCA) which ensures the protection of the user, in this case, you, from unfavorable events in the market.

The platform allows a minimum deposit of $100 US dollars, making it favorable for those looking to test the platform with a small amount before fully investing in it.

Cons:

It has different account levels which are very expensive.

It is not operational in many countries around the world, including the United States.

Coinmama

Coinmama is a cryptocurrency exchange that was created as well as became fully operational in early 2013. This exchange is available globally as it provides services to as many as 188 countries. It became popular in 2017 when it was discovered as one of the exchanges with the fastest purchasing processes in trading Bitcoin and other altcoins using a debit or credit card.

Pros and cons

Pros:

It is readily accessible to a wide range of locations.

Credit cards, debit cards, and bank transfer payment methods are accepted by this exchange.

Coinmama continuously tries to expand the cryptocurrency pairs it offers.

Cons:

It is a very expensive exchange platform to use.

It restricts users from selling back their cryptocurrencies.

Bittrex

Bittrex is another major American-based cryptocurrency exchange that enables trades on hundreds of altcoins including Bitcoin. Bittrex used to be the lowest charging exchange in the industry with a fee of 0.25 percent per trade until Binance came into play. However, Bittrex is still one of the best options when it comes to routine buying and selling as well as providing access to several “obscure” altcoins.

Pros and Cons

Pros:

Bittrex has a very strong trading selection, and they consistently provide useful updates to the platform to keep abreast of the ever-increasing advancements in Blockchain technology.

It charges decent commission rates for executed transactions.

Cons:

It is quite expensive for customers who trade frequently.

Gemini

Gemini exchange was founded by the Winklevoss Twins in October 2015. Cameron and Tyler Winklevoss gained their popularity when they sued Mark Zuckerberg over Facebook.

Gemini is a very solid crypto exchange that offers cheap fees, advanced order type and a varied selection of altcoin.

Gemini is based in New York and is striving to attain the highest level of FinTech licensing that the state can grant. This makes Gemini a sort after platform for both institutional and individual investors to trade Bitcoin and other altcoins.

Pros and Cons

Pros:

Gemini exchange is considered to be affordable for a fiat-inclusive exchange.

It offers very trustworthy and secure services.

It enables fiat deposits and withdrawals.

Gemini is a high volume exchange thereby ensuring that the user transactions/trades can always be carried.

Gemini is also easy to use and understand.

Cons:

There is a limited option for trading altcoins.

The platform doesn’t enable mobile support.

It doesn’t allow for margin trading.

The only fiat currency it accommodates is the US dollar.

Bitfinex

Bitfinex, founded in 2012, is one of the oldest cryptocurrency exchanges and has its headquarters in Hong Kong. This exchange accounts for a substantial amount of the daily volume of Bitcoin and other altcoins around the globe. Bitfinex offers margin trading and lending across about 263 crypto assets which include crypto-to-crypto pairs and crypto-to-fiat pairs, thanks to its BVI entity. Unfortunately, this exchange is not available to United States citizens.

Bitfinex boasts of having one of the strongest user interfaces among crypto exchanges.

Though this exchange was involved in the unaudited growth of Tether and other scandals, Bitfinex has mended its ways by avoiding scandalous activities and by providing a high quality of service to its customers.

Pros and Cons

Pros:

It has a complex yet intuitive trading platform.

It has a strong selection of cryptocurrency assets including Bitcoin for its users to choose from.

Cons:

It doesn’t support mobile use.

It is unavailable in the United States.

Kraken

Kraken is a Canadian-based crypto exchange which has a strong selection of altcoins and offers a wide array of trading options. They also offer margin and leverage trade.

Kraken seems to be struggling with advancing with market trends, but it still tries to keep up in one way or the other. Even though Kraken struggles with high trading volume on some days, it still functions as it should.

The CEO of Kraken, Jesse Powell is advocates the good customer service promised by the platform by being publicly active on social media and responds to inquiries and criticism by customers.

Pros and Cons

Pros:

It provides margin and leverage trading.

It has a very strong customer service system.

It supports trading of a good selection of crypto assets including Bitcoin.

Cons:

It has a slow-paced development process.

ShapeShift

ShapeShift is among an important class of exchanges that instantaneously provides liquidity for crypto-traders without requiring any identification from these traders. ShapeShift has been integrated into a selection of trading wallets for inter-wallet trading.

This exchange is concerned about its customers’ convenience and is an exchange that will always be consistent with its services.

Pros and Cons:

Pros:

ShapeShift is a very convenient exchange.

It has a strong online presence and is available in popular wallets.

Cons:

It is costly to utilize.

It has liquidity related issues on rare occasions.

Changelly

Changelly is another exchange that provides instant liquidity for traders on the go. Just like ShapeShift, Changelly’s API brings speedy trading to different wallets as well as other crypto applications. This kind of exchange fills a very important section of the crypto industry.

Pros and Cons:

Pros:

Just like ShapeShift, Changelly is also a very convenient crypto exchange.

It is built into popular cryptocurrency applications.

Cons:

It is equally costly to utilize.

It faces occasional liquidity issues.

KuCoin

KuCoin has been dubbed the Binance clone by some because it offers many of the benefits that come with Binance; discounted fees, cheap trading with proprietary crypto, and it provides a wide selection of assets.

Whether this exchange is a Binance copycat or not, it sure provides an excellent trading platform for its users.

Pros and Cons

Pros:

It provides cheap fees to its users.

It provides access to a good number of coins as well as “obscure” coins.

Cons:

It is feared as not adequately regulated.

All in all, Binance trumps every other exchange in the aspect of affordability. In Binance, traders are charged a measly 0.10 percent for every by or sell order. This figure is way lower than the industry average. To make it even more unbelievable, Binance offers a 50 percent discount (0.05 percent) for traders using the exchange’s native coin, BNB. Even though other copycat exchanges try to mimic the payment structure of Binance, they never seem to attain better pricing.

However, some CFD brokerage like Robinhood offers a zero charge trading fee (0.0 percent), although these companies make their money from spreads and other subtle means. This means that the traders still pay a fee, they just don’t notice it.

So What Exactly is a CFD?

A CFD (Contracts For Difference) is a category of a cryptocurrency exchange that does not sell any cryptocurrency asset instead, CFD brokerages create a means for users to “bet” on the price of Bitcoin and other altcoins. CFDs are the way to go for traders looking to trade Bitcoin without having to deal with the stress that comes with owning a Bitcoin asset.

However, the stakes are higher when it comes to CFDs. It is easier to lose one’s trading capital on a CFD. Only experienced and adept traders are advised to venture into CFD trading. So, if you want to trade the real thing, go with a conventional Bitcoin exchange and not a CFD.

Categories of Bitcoin Exchanges

There are two distinct categories of Bitcoin exchanges; centralized and decentralized. Simply put, centralized exchanges are exchange platforms that approve the use of fiat currency (US dollars, British Pounds, Japanese Yen) as a means of payment, while decentralized are those that accept only cryptocurrencies as means of payment.

Characteristics of Centralized and Decentralized Exchanges

Centralized:

Centralized exchanges are very compliant with stringent rules and regulations. This exchange also provides a higher level of security to its investors as compared to other exchanges.

However, centralized exchanges have a limited range of services that they offer.

Decentralized:

Unlike centralized exchanges, decentralized exchanges offer a wider variety of services to its customers. Also, they don’t adhere to strict rules and regulations proffered by regulatory bodies. However, this feature leaves it open to several fraudulent activities and renders it susceptible to hacks.

Final Thought

There are a plethora of cryptocurrency platforms in existence today. Some of these platforms should never be explored because they can leave you susceptible to hacks and fraudulent losses. This guide is intended to be an eye-opener for the reader and to help the reader navigate through cryptocurrency exchange selection.

#Crypto #Bitcoin

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joshuajacksonlyblog · 6 years ago

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China Celebrates Killing Its Bitcoin Exchanges as CNY Volume Falls Under 1%

The People’s Bank of China (PBOC) has declared victory over Bitcoin, stating that the market leader’s trading in its national currency has fallen to less than 1 percent of total global volume.

‘Timely Moves’

The PBOC announced that global bitcoin trading volume in China’s national currency, the Yuan (CNY), has fallen to less than 1 percent — according to Chinese news outlet Xinhuanet.

Under the banner of anti-money laundering and scam-busting efforts, the central bank declared victory stating that it had ensured a risk-free exit for 88 cryptocurrency exchanges and 85 ICO trading platforms since September 2017.Zhang Yifeng, a blockchain analyst at Zhongchao Credit Card Industry Development Company, stated:

The timely moves by regulators effectively fended off the impact of sharp ups and downs in virtual currency prices and led the global regulatory trend.

The Chinese authorities began their clampdown early last year by probing domestic cryptocurrency exchanges. This was followed by a blanket shut down of exchanges, as well as a country-wide ban on Initial Coin Offerings.

China’s ‘Victory’ is Malta’s Gain

However, the end-result may be little more than cutting off the nose to spite the face in regards to China’s economy.

The clampdown led to a staggering drop in CNY trading — which comprised over 90 percent at its peak — as traders made an exodus to over-the-counter, peer-to-peer, and foreign exchanges. As a result, jurisdictions with friendlier laws experienced a boom in trading volume as the market flipped on its head. Furthermore, many of China’s traders flocked to Japan, with JPY trading jumping in the ranks to the number two spot globally immediately after the clampdown.

Japan’s official recognition of Bitcoin 00 as currency and supporting legal framework has produced a booming new industry and an influx of retail investors. Many companies have since embraced bitcoin payments — and cryptocurrency in general — and the economy is now expected to reap the benefits.

Besides Japan, the new leaders in cryptocurrency trading include South Korea and Malta. The former has taken a more cautious approach compared to China, dismissing rumors of a similar ban and opting instead to sustain its nascent cryptocurrency industry through supportive regulation.

Malta may have received the biggest windfall for its economy, however, while proving once again that too much regulation kills innovation. The island nation quickly became the leader in global trading volume by giving a warm welcome to the two biggest exchanges — namely Binance and OKex — both of which were originally from China.

The island nation’s Prime Minister has made it clear that Malta intends to attract cryptocurrency businesses with friendly laws in an effort to become a global leader in fintech.

Meanwhile, China’s oldest exchange, BTCC, has recently reopened in an attempt to win back traders with its own trading token similar to Binance’s BNB 00. Unfortunately, the latest trading volume data suggests that it may be too little too late. Only a minuscule 209 BTC was traded in CNY over the past week compared to 67,300 BTC traded in USD — out of a total 674,400 BTC in total volume.

Will China’s Bitcoin exchange industry ever recover from the regulatory clampdown? Share your thoughts below!

Images courtesy of Shutterstock

The post China Celebrates Killing Its Bitcoin Exchanges as CNY Volume Falls Under 1% appeared first on Bitcoinist.com.

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cryptswahili · 6 years ago

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BOLT – The World’s First Open Entertainment Platform – Announces Strategic Partnerships With Bitmax & Binance For Listing The BOLT Token

30 April 2019, NASDAQ New York: BOLT, the revolutionary mobile-focused video content ecosystem will unveil two applications to bring the blockchain to the masses today. BOLT+ is a streaming application with a curated blend of live TV channels and video playlists for different moments, genres and moods.

The BOLT Wallet allows users to store the BOLT Token, and mobile data redemption packages. Together, both applications aim to empower half of the world’s population, the underbanked and unbanked, known as those with limited access to formal banking structures and data accessibility. By giving them unprecedented access to the information highway, which includes internet connectivity, information, and entertainment, the applications will also allow content creators and users to be rewarded for their time and quality of content submitted on BOLT.

The company will also announce its strategic partnerships with BitMax.io, an innovative digital asset trading platform, and the Binance Chain, the world’s largest major cryptocurrency exchange by volume of trades and a blockchain software system initially developed by Binance and the community. The BOLT Token, which is currently listed on BitMax.io and Switcheo Exchange, will be migrating from the Ethereum protocol to the Binance Chain in the coming weeks. The BOLT Token will be the first asset on the Binance Chain to be traded on Bitmax.io.

BOLT utilizes a breakthrough model in the digital streaming and blockchain ecosystem, which will allow for real world applicability of the blockchain to be used by everyone, everywhere at any time. The BOLT Token, which can be accumulated and traded, will be used heavily within the BOLT ecosystem by users to access premium content, starting with its suite of entertainment, sports and educational content. It can also be used to reward content creators, or to trade for mobile data plans by supported telco networks. The BOLT Wallet will allow users to manage their BOLT tokens alongside other tokens compatible with the ecosystem such as Binance Coin (BNB) and Bitmax Token (BTMX).

Speaking about the launch of the BOLT Token and BOLT+, Jamal Hassim, Founder and Chief Executive Officer said: “With the BOLT Token, we are offering our users the first real world application of the blockchain within a simple and elegant user experience. We want to include users not only with credit or debit cards but those without – the unbanked and underbanked – onto the platform.

Often, these users are charged a premium by their telco companies and content companies to access premium content, and we wanted to help reduce this and broaden accessibility. By utilizing the blockchain, we can directly connect the consumers to the content and the content to the producers, without additional transaction costs involved.”

The announcement will take place at an exclusive event today at NASDAQ, New York in the presence of BOLT’s strategic partners. The event will open with a keynote address by Christel Quek, the Co-Founder and Chief Commercial Officer of BOLT who will provide a preview of BOLT+, and the BOLT Wallet, followed by the announcement of BOLT’s latest content partnerships with CNN and Trace TV.

Christel Quek, the Co-Founder and Chief Commercial Officer of BOLT, added: “No other project has managed to offer a scalable large-scale mass application of the Blockchain for users. Consumer applications are needed for the blockchain to be adopted by the masses. The blockchain community must move from decentralized tribe in motive to an inspired movement of vision that will allow the Blockchain to become part of the everyday vernacular.”

Ariel Ling, Co-Founder and Chief Operating Officer at BitMax.io commented on the strategic partnership between BOLT and Bitmax saying: “The vision and development of BOLT exemplify how blockchain technology optimizes and transforms current mature industries, such as social media and entertainment, by providing real benefits to real users, especially in the underserved markets. It has been a great journey partnering with Jamal, Christel, and their team to list the Bolt Token on BitMax.io and support the expansion of the BOLT ecosystem with a scalable and efficient token trading market.”

The event will also comprise of two-panel discussions to spotlight the open platform developed by BOLT in a bid to decentralize the media industry and empower the users from developing economies. The panels will also highlight success stories of leveraging innovative tech for social good and discuss how BOLT+ and the BOLT Token would potentially benefit billions of people.

The first panel will focus on BOLT’s central theme Time to Play where attendees will hear from BOLT’s co-founder and partners on the innovative use of technology. Panellists include Ariel Ling, Co-Founder and COO of Bitmax.io; Jerry Liu, CEO of Hisense for Africa and Emerging Markets, one of the World’s leading consumer electronics brands and lead sponsor of the 2018 Football World Cup and 2020 Euros Competition; Max Kantelia, CEO of Anquan and Co-Founder of Zilliqa, the first public blockchain platform that implemented sharing; and Ted Lin, Chief Growth Officer, Binance Chain.

Max Kantelia, Co-Founder of Zilliqa shared his views on popularising the Blockchain to users worldwide through a partnership with BOLT: “As a long-standing partner of the BOLT ecosystem, we are looking forward to facilitating BOLT’s video analytics and payment reconciliation systems through Scilla, Zilliqa’s smart contract language. We are looking forward to working together with BOLT to bring the power of Blockchain to more content creators and users around the world.”

HiSense is partnering with BOLT to bring access to premium video content to millions of consumers in Africa and beyond. A major Chinese multinational appliance and electronics manufacturer, which includes subsidiary brands Sharp and Toshiba,

HiSense products are available globally in over 130 countries and regions, with production facilities in China, South Africa, Czech Republic, and Mexico, as well as sales offices across North America, Europe, Australia, Middle East, Africa, and South-eastern Asia.

Commencing shortly with the South African market, the BOLT+ and BOLT Wallet apps will be embedded in HiSense mobile handsets. Buyers and current owners of HiSense handsets will be able to enjoy the broad range of entertainment, education and health-related content at the click of an icon. HiSense handset owners will also be part of the BOLT Wallet and BOLT Token ecosystem where they can participate in activities that earn them valuable BOLT Tokens, which amongst a whole host of uses also allow them to purchase mobile data packs from their favorite telco to stay connected.

Speaking about the partnership with BOLT and how HiSense is supporting BOLT’s mission to empower citizens to access the information highway, Jerry Liu, CEO of Hisense for Africa and Emerging Markets said: “We see the partnership with BOLT as being strategic and valuable in building and keeping the loyalty of millions of users and consumers. The bonding of content, a payment system, and hardware is a powerful proposition in providing a compelling experience for consumers around the world. Hisense has a global ambition to go faster and further into new territories and exciting content experiences for our customers. As the number one electronics manufacturer in South Africa with a market share of more than 20%, we are proud to work closely with BOLT to bring great content to over 6M devices in South Africa. We will also be looking to expand and scale our efforts to more markets across Africa from 2019-2020.”

Speaking about the opportunity the Binance Chain presents, Ted Lin, Chief Growth Officer of Binance also commented: “We are delighted to be working with BOLT to help scale their efforts to more markets and users around the world through the power of the Binance Chain. The Binance Chain, which has a one-second block time, will ensure transactions and interactions by BOLT’s users to be fast, efficient and effortless.”

The focus of panel two will be the power of technology to implement social change with the participation of NGOs leveraging blockchain and other technological innovations to create ground-breaking impact. The theme of the panel stemmed from acknowledging the widening gap of digital services and financial inclusivity amongst individuals in developing and Emerging Markets. To this effect, BOLT is inspired to build a movement of local cultures going global, where creativity, connections, and discovery can be bonded together.

Speaking about the need to decentralize the industry and empower and uplift communities globally, Christel Quek said: “Users have diligently supplied data and engagement time to centralized social media platforms such as Facebook but received none of the revenue benefits or a utility-based reward that goes beyond the actual access of the platform. Their centralized business models which collect your data and “sell you” to advertisers is increasingly unattractive. They are unable to mobilize the community to self-censor and moderate to community-determined standards. So, we built BOLT as an ecosystem on the Blockchain to provide an in-ecosystem store of value which increases as utility increases. It is this value which we can give back to our users which will drive how we work with our community and how we engage with our users.”

As a unique and ambitious ecosystem of users, partners, and content creators, BOLT encourages users all over the globe to connect and view original content, to not only watch passively but to participate in the curation of their news and entertainment. BOLT+, BOLT’s streaming application, has in-built engagement and in-app currency features which allow content creators and users to be rewarded for the time, effort, and quality of content they submit to BOLT.

BOLT’s innovative platform provides access to live content (Terrestrial TV and sports) and trending video highlights (under 5 minutes per clip) around the world. Given its unique access to untapped markets, BOLT has secured licensing agreements with a range of leading media content providers including CNN, Al Jazeera, ViKi Rakuten, Reuters, AFP, amongst many others. BOLT has also secured the digital clip coverage rights for the ICC World Cup 2019 in Singapore, Malaysia, Brunei, Indonesia, Thailand, Philippines, Myanmar, Laos, Cambodia and Vietnam. BOLT provides an innovative and quick turnaround 3D international football league and cup competitions highlights, as well as test and league cricket highlights.

Creators and users can also mutually unlock value by participating equally in the ecosystem. To further encourage users to use BOLT Tokens, the platform currently incentivises users by applying discounts for BOLT Token to purchase services, instead of using fiat payments. Today, BOLT continues to grow and expand its existing partner ecosystem across the world. These include telco partnerships for data bundling and direct carrier billing, innovative content broadcasters who want to engage with audiences in emerging markets, and other rich media verticals such as gaming and education.

Contact:

Company: Worldview Global Culture Alliance

Name: Cheng Peng

Tel: (917)913-4108

Website: www.worldviewglobal.org/

The post BOLT – The World’s First Open Entertainment Platform – Announces Strategic Partnerships With Bitmax & Binance For Listing The BOLT Token appeared first on ZyCrypto.

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#cryptocurrency

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cryptobrief · 6 years ago

Link

Contact:

Company: Worldview Global Culture Alliance

Name: Cheng Peng

Tel: (917)913-4108

Website: www.worldviewglobal.org/

The post BOLT – The World’s First Open Entertainment Platform – Announces Strategic Partnerships With Bitmax & Binance For Listing The BOLT Token appeared first on ZyCrypto.

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teiraymondmccoy78 · 6 years ago

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Top 8 Blockchain Courses Worldwide — Free and Paid

When it comes to cryptocurrency, almost all people know about Bitcoin. However, one can also make good profit investing in altcoins

How to choose a cryptocurrency that will be profitable in the future? This is a difficult question and must be approached with the utmost seriousness. Besides Bitcoin, there are dozens of other promising coins, and sometimes when the rate of the main cryptocurrency falls, the prices of altcoins increase. To predict what digital asset will grow in 2019, you need to understand the structure of the market.

First of all, you should study all the offers on the market and choose the most top-rated currencies. We conducted an analysis and identified 10 altcoins that, in our opinion, are the most profitable for investment today. So let’s consider the most promising digital assets on the market.

EOS

The EOS platform is one of Ethereum’s competitors, which promises to solve the scaling problem by providing a more reliable set of tools for building and running applications. The capitalization of the token makes up about 3 billion US dollars, and it ranks fourth on the list of top cryptocurrencies.

Reasons for investing in EOS:

The platform has moved from the Ethereum blockchain to its own.

On May 6, 2018, a new version of the software for the EOS blockchain called Dawn 4.0 was released.

Reputation of the team. All three developers – Dan Larimer, Brendan Blümer and Brock Pierce – have launched successful platforms and businesses in the past. Dan, a technical director, created the Bitshares and Steemit coins, which entered the top 50 coins by market capitalization. In addition, he worked on the technology of Graphene blockchains. Brendan and Brock also have impressive experience in creating successful startups.

Taken together, the positive news is pushing the cost of the token up, despite the decline of Bitcoin and other digital assets.

Ethereum

It is impossible to make a rating of promising cryptocurrencies in 2019 without Ethereum, which is a part of the platform for developing decentralized applications.

The first thing to note is that the forecasts for 2017 turned out to be even more pessimistic. Many assumed that by the end of the year the rate of ETH would be about $1,000. However, the cost of 1 coin was higher by almost $300. Moreover, there were suggestions that the price of $1K would be reached only by 2019. No one excludes the possibility that the rate will grow and then fall to these values, although a number of analysts suggest a further increase in the cost of Ethereum. At the same time, many people do not forget to remind that any cryptocurrency is characterized by strong fluctuations in exchange rate, therefore regular kickbacks in cost are quite likely.

It is only important to choose the right moment to understand whether it is worth continuing to hold money in this currency or whether it is time to sell it. Many expect the cost of one coin in the range of 5,000-7,000 dollars. Currently, Ethereum is the second cryptocurrency after Bitcoin by capitalization.

What is the future of Ethereum:

On April 30, 2018, Buterin announced the introduction of Sharding into the blockchain of the main network and a partial transition to the PoS confirmation algorithm.

Developers are constantly testing new features and implement successful ones. For example, a Metropolis update was released, which improved throughput, and soon Constantinople will be implemented.

Despite the fact that now ICOs are not as popular a trend as they were in 2017, around 90% of blockchain startups conduct token sales on the Ethereum platform.

Cardano

Cardano is an Ethereum rival and is designed to operate with smart contracts. It is a promising cryptocurrency aimed at the democratization of finance and the formation of a decentralized economy.

One of the creators of Cardano is Charles Hoskinson, who participated in the development of Ethereum. Cardano’s platform code is one of the most secure. The project also works very closely with government regulatory authorities, in particular to fight against money laundering. The high level of confidence in the developers made it possible for this project to raise a whopping $500 million in investment for its ICO. Cardano is currently 11th in the cryptocurrency rating on capitalization.

Factors affecting Cardano’s prospects:

New exchange listings. Binance expanded the number of trading pairs by adding ADA/BNB and ADA/USDT. Also, Huobi added the coin to its listings. This has already had a positive effect on the cost of the token.

Compatibility with other platforms for working with smart-contracts.

Experts note the similar features of the cryptocurrency with Bitcoin and Ethereum, so the success and development of Cardano depends on the scale of its adoption throughout the world.

In 2018, the company produced and delivered ATMs throughout Japan, which made Cardano more popular in Japan and Asia.

Ripple

Many people have already paid attention to Ripple, which is connected not so much with the advantages of the coin, as with its features. The bottom line is that the currency is not even an altcoin since it was not created on blockchain technology, but as a completely independent monetary system.

The project cannot boast a stable rate, but it has a large number of partners who have successfully implemented its technology. Today, such giants as the National Park of Abu Dhabi, UBS, and Santander cooperate with this cryptocurrency.

Last year, XPR showed stunning dynamics, its rate has increased almost 600 times. The coin has great prospects of becoming a mediator that connects the cryptocurrency industry and the banking sector. In this case, the rate of the token token can reach new highs.

Also, it is worth noting that the Ripple project is being developed under the strict guidance of world banks. This means that it is in the largest regulatory field, compared with other cryptocurrencies. Therefore, its growth can be faster than the growth of other coins.

Binance Coin

It is a token of the Binance cryptocurrency exchange, which has the same name. It gives the opportunity to receive discounts on commissions in the amount of 50%, but every year this number will decrease.

The popularity of the currency is ensured by the demand for the exchange, which now occupies the first place in the daily trading volume of Ethereum, 4th place — Bitcoin, 3rd place — Bitcoin Cash, 2nd place — Litecoin, 1st place — Neo. As the exchange grows and develops, its token also increases in value. In addition, the site’s management buys back a portion of the coin in order to increase the value of the remaining ones. This is another feature that will positively affect the value of the asset.

In general, the coin is very strongly tied to the exchange. However, the value of it has increased by more than 100 times in 2018, and in the future, an even greater increase in the price of the asset is expected.

BNB cryptocurrency is available for trading on the following popular exchanges: Binance, LBank, Exrates, Gate.io, HitBTC, and Bancor Network.

Litecoin

This is a Bitcoin fork, an improved counterpart. It has very low commissions and scalability. Its functionality is identical to that of Bitcoin, although there are a number of improvements. For example, the SegWit update to increase block size was integrated into Litecoin before Bitcoin. Litecoin creator Charlie Lee recently proposed the best method for calculating the cost of a transaction commission. According to him, the correct assessment of the commission will solve the problem of some BTC wallets when the network is overloaded. Lee wants this solution to appear first in Litecoin and then implemented in Bitcoin. Litecoin is trying to separate itself from associations with BTC with a new logo and vision for the future. But it is obvious that it will continue to maintain close ties with the Bitcoin network.

Litecoin is a good choice for long-term investment for the following reasons:

The number of payment terminals accepting Litecoin for payment is growing. In Argentina, there will be more than 4,000.

Cryptocurrency has been added to new exchanges. In 2018, it has been already included in the listing of large platforms: Korbit, Gemini, ZebPay and others.

On July 2, 2017, BTC China (one of the largest mining pools) added the possibility of Litecoin mining.

Cooperation with financial organizations. An agreement has been signed with the Aliant processing center.

Very low fees. For example, a $0.4 commission was paid for a transaction of LTC 700,000 thousand ($100 million). A transaction was confirmed in 2.5 minutes. An ordinary bank transfer takes a few days and costs much more.

Tron

The basis of the TRON project is the implementation of a fully decentralized Internet. In this network, any user can share any content and perform completely secure transactions without being tied to a specific site. The result is the merging of various ideas from popular blockchains on the TRON network.

Using this platform, users can publish and, in the future, store program and information data, distribute them online, as well as promote their content through the release and distribution of digital assets.

At its core, the Tron platform resembles Google Play and the App Store. However, it has a number of advantages that are associated with the use of blockchain technology and the cryptocurrency market as a whole. TRX, the project’s cryptocurrency, is in the top 10 popular cryptocurrencies, with a capitalization of 1.6 billion US dollars.

Reasons why Tron is a promising coin:

The platform has already switched to its own blockchain. TRX has become a coin and will no longer be considered an ERC20 token.

Project founder Justin Sun said that he would use all his connections to conclude a contract with Alibaba, where he had previously worked.

Justin Sun announced cooperation with Malta.

The main investors of the cryptocurrency are Chinese users, confirming the coin’s prospects since China is one of the largest entertainment centers.

Tron collaborates with large IT and blockchain companies such as Bitmain, ICO-365, Bixin, Gravityless, and OpenLedger, which adds weight to the project within the crypto community.

Additionally, in 2019, the Tron Foundation will have its own accelerator: Tron Accelerator, an incubator program for financing the creation of a dApp, which will inevitably have a positive impact on TRX.

The Tron Foundation has many plans for 2019. In addition to events, the company intends to open access to smart-contracts for ICOs, which will also allow the same platform to be used for crowdfunding. Thus, it is hoped that the year 2019 will be completely “bullish” for Tron (TRX).

IOTA

This platform (and cryptocurrency) is a development for a very fast-growing segment of the Internet of Things. We, in particular, are talking about everyday life devices (refrigerators, vacuum cleaners, stoves, toothbrushes, kettles, components of a smart home, various sensors, etc.), which are increasingly able to go online to complement and simplify our lives.

The goal of the IOTA project is a unified infrastructure for Internet things, with the possibility of fast transactions without fees and data exchange with a high degree of protection.

Growth factors in 2019:

The community is increasingly interested not in speculation, but in real working technologies.

The Internet of Things is only at the beginning of its journey, but it is evolving with increasing speed.

The reputation of the project is more than positive.

The team has many plans to expand the functionality of the platform.

The IOTA blockchain solves immediate scalability and transaction speed issues.

The team does its best to promote the product. One of the most relevant events with their participation was at the second annual blockchain week (the largest event in Asia) in January 2019.

Based on the above, we can assume that 2019 should be a turning point for the cryptocurrency and for the entire project. Among many projects that offer ideas for the Internet of things, IOTA has the most thorough technical and organizational base. Accordingly, the popularity of the token will grow. Achieving a price of $1 per coin is the goal of the first half of 2019. Further growth is possible, but not on such a scale.

If you focus on the entire market, then in 2019 the coin should return to the top 10 cryptocurrencies by market capitalization.

NEO

NEO was launched in 2014, and in 2017 it experienced a complete rebranding. The crypto community calls the platform NEO “Chinese Ethereum.” Such a comparison is acceptable because these projects have the same functionality — they are designed to develop decentralized applications. An important difference between NEO and Ethereum is their target users. It is worth mentioning that NEO is designed for Chinese developers of decentralized applications. The capitalization of the coin is about $600 million, and it ranks 17 on the list of the most popular cryptocurrencies.

NEO is a promising cryptocurrency for investment for the following reasons:

A number of major exchanges have already listed this coin: Binance, LiveCoin, HitBtc, Bittrex, and Cryptopia.

Microsoft and Alibaba are on the list of partners.

Fast speed of operations, which provides the lowest cost of commission and gives the opportunity for micro-transactions using smart contracts.

In 2018, the cost of the cryptocurrency reached its maximum — $180, after which it began to decline. The success of this project will directly depend on two factors: the loyalty of the Chinese government and the general recovery of the market.

According to our observations, the potential for growth of NEO is large because after reaching a maximum, the value of the coin decreased 25 times. Most likely, in 2019, we will be able to see the coin approaching the new peaks.

Stellar

Stellar is a decentralized platform for fast and cheap transactions. It is the fork of Ripple with the removed flaws. The main pros of Stellar can be considered the scalability and openness of its source code. The indicative point of this cryptocurrency system is that it is able to cope with thousands of transactions carried out within one second without problems. In this case, the confirmation of a transaction takes no more than 5 seconds, which is an unattainable result for modern cryptocurrencies. Similar characteristics of Stellar allow it to compete on equal terms with money transfer bank services.

Also, one of the most important advantages of the coin is the presence of support for SCP technology, which allows network participants to engage in the exchange of cryptocurrency, fiat money, and tokens and other assets without any restrictions. Thus, this technology compares favorably to the more common PoW software protocol.

At the same time, it is impossible not to mention the support of the possibility of using smart contracts, as well as multi-signatures. This makes it possible to significantly expand the functional component of this coin.

It is likely that these positive features of Stellar will allow it to quickly gain a dedicated user audience that appreciates constant technical innovations that can improve the work inside the crypto network.

The capitalization of XLM is 1.7 billion US dollars, and it ranks 8 in the overall ranking.

Why Stellar is a promising cryptocurrency:

Solving the issue with scaling. Lightning has already been tested on the blockchain.

Growth in the number of projects conducting ICOs on the Stellar platform.

Expansion of the list of exchanges where the coin is traded.

Collaboration with IBM.

Focus on excellence in every detail.

Stellar is a promising coin for cooperation with financial institutions. This is an important point to determine the path of movement of cryptocurrency: the more banks start working with it, the more it will grow in value.

Choosing the altcoin to invest in

There are a large number of different cryptocurrency projects on the market, but not all of them have a future. Bitcoin remains the most popular one. This is partly due to the fact that it was the very first cryptocurrency. But gradually, users are seeing the many benefits of altcoins, and that is why they are growing in value.

In order to feel more comfortable in this not very predictable market, it is best to diversify your risks and purchase 10-20 different coins. Such an approach will help protect your investment from large losses.

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courtneyvbrooks87 · 6 years ago

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When it comes to cryptocurrency, almost all people know about Bitcoin. However, one can also make good profit investing in altcoins

EOS

Reasons for investing in EOS:

The platform has moved from the Ethereum blockchain to its own.

On May 6, 2018, a new version of the software for the EOS blockchain called Dawn 4.0 was released.

Taken together, the positive news is pushing the cost of the token up, despite the decline of Bitcoin and other digital assets.

Ethereum

It is impossible to make a rating of promising cryptocurrencies in 2019 without Ethereum, which is a part of the platform for developing decentralized applications.

What is the future of Ethereum:

On April 30, 2018, Buterin announced the introduction of Sharding into the blockchain of the main network and a partial transition to the PoS confirmation algorithm.

Developers are constantly testing new features and implement successful ones. For example, a Metropolis update was released, which improved throughput, and soon Constantinople will be implemented.

Despite the fact that now ICOs are not as popular a trend as they were in 2017, around 90% of blockchain startups conduct token sales on the Ethereum platform.

Cardano

Cardano is an Ethereum rival and is designed to operate with smart contracts. It is a promising cryptocurrency aimed at the democratization of finance and the formation of a decentralized economy.

Factors affecting Cardano’s prospects:

Compatibility with other platforms for working with smart-contracts.

Experts note the similar features of the cryptocurrency with Bitcoin and Ethereum, so the success and development of Cardano depends on the scale of its adoption throughout the world.

In 2018, the company produced and delivered ATMs throughout Japan, which made Cardano more popular in Japan and Asia.

Ripple

Binance Coin

BNB cryptocurrency is available for trading on the following popular exchanges: Binance, LBank, Exrates, Gate.io, HitBTC, and Bancor Network.

Litecoin

Litecoin is a good choice for long-term investment for the following reasons:

The number of payment terminals accepting Litecoin for payment is growing. In Argentina, there will be more than 4,000.

Cryptocurrency has been added to new exchanges. In 2018, it has been already included in the listing of large platforms: Korbit, Gemini, ZebPay and others.

On July 2, 2017, BTC China (one of the largest mining pools) added the possibility of Litecoin mining.

Cooperation with financial organizations. An agreement has been signed with the Aliant processing center.

Tron

Reasons why Tron is a promising coin:

The platform has already switched to its own blockchain. TRX has become a coin and will no longer be considered an ERC20 token.

Project founder Justin Sun said that he would use all his connections to conclude a contract with Alibaba, where he had previously worked.

Justin Sun announced cooperation with Malta.

The main investors of the cryptocurrency are Chinese users, confirming the coin’s prospects since China is one of the largest entertainment centers.

Tron collaborates with large IT and blockchain companies such as Bitmain, ICO-365, Bixin, Gravityless, and OpenLedger, which adds weight to the project within the crypto community.

IOTA

The goal of the IOTA project is a unified infrastructure for Internet things, with the possibility of fast transactions without fees and data exchange with a high degree of protection.

Growth factors in 2019:

The community is increasingly interested not in speculation, but in real working technologies.

The Internet of Things is only at the beginning of its journey, but it is evolving with increasing speed.

The reputation of the project is more than positive.

The team has many plans to expand the functionality of the platform.

The IOTA blockchain solves immediate scalability and transaction speed issues.

The team does its best to promote the product. One of the most relevant events with their participation was at the second annual blockchain week (the largest event in Asia) in January 2019.

If you focus on the entire market, then in 2019 the coin should return to the top 10 cryptocurrencies by market capitalization.

NEO

NEO is a promising cryptocurrency for investment for the following reasons:

A number of major exchanges have already listed this coin: Binance, LiveCoin, HitBtc, Bittrex, and Cryptopia.

Microsoft and Alibaba are on the list of partners.

Fast speed of operations, which provides the lowest cost of commission and gives the opportunity for micro-transactions using smart contracts.

Stellar

The capitalization of XLM is 1.7 billion US dollars, and it ranks 8 in the overall ranking.

Why Stellar is a promising cryptocurrency:

Solving the issue with scaling. Lightning has already been tested on the blockchain.

Growth in the number of projects conducting ICOs on the Stellar platform.

Expansion of the list of exchanges where the coin is traded.

Collaboration with IBM.

Focus on excellence in every detail.

Choosing the altcoin to invest in

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