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gallusrostromegalus · 7 months ago
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Does Nobody chat it up with other deities from other sectors? Or are they kind of a hodge-podge of all deities all at once?
No, because Nobody is functionally the Life Machine's uterus and placenta.
The Life Machine itself, however, is very aware of, communicates with, and even has *Romance* with the neighboring Life Machines.
The AEIWAM Life Machine is really something akin to a Sixteen Dimensional Elder God that is also A Barnacle. It's sessile in it's peculiar cross-sections of reality, anchored to Earth in the localities of the greater Hiroshima Prefecture in Japan, The Black forest of Germany, parts of the Chihuahuan Desert in the US and Mexico, and most recently, the entirety of the London Metropolitan Area encircled by the M25 London Orbital Motorway, and curiously, it's Spirit-world equivalent location, Reverse London.
What's odd about Reverse London is that, unlike it's Soul Society, Schwarzwalden and Hueco Mundo, you can't actually get to Reverse London from anywhere in Spirit World.
If any Shinigami wants to visit their colleagues in Wing Bind/the NDMA, they have to go to the living world in a gigai, get on a fucking plane, actually enter Regular London, locate one of the portals, and from THERE they may enter Reverse London, provided all their paperwork is in order. The same is true of any witch that wants to visit soul society- they must first fill out a mountain of paperwork, get on a plane to Japan, physically enter the Hiroshima prefecture and make contact with a Shinigami there to open a portal into soul society.
It makes schlepping across the Dangai or Garganta look like a breeze!
What's going on is that Each Life Machine only impregnates and gives birth once. The other Life Machines covering Earth offer their neighboring Machines choice pieces of themselves, not unlike a male octopus tearing off his Spermatophoe limb for a female. If the proffered piece of reality is acceptable, the recipient Life Machine takes it and embeds it into her own matrix, and uses the sample to create her daughter.
The Current Life Machine is the third in her line. The first was based only in Japan, but then received the Chihuahuan desert from her mate. The second one drew souls associated with both regions, and eventually received the Chihuahuan desert from her mate. She gave birth and passed on about 35,000 years ago. About 2,000 years ago, The Current Life Machine accepted London and Reverse London into her polydimensional body in exchange for Mount Dogo and began building her daughter by creating Nobody to oversee that process.
To put it another way, one God jizzed London into another God <3.
The reason Reverse London isn't accessible via spirit world is that it's not fully integrated into the fetal Life Machine yet. If things had gone according to plan, souls could start to travel between Reverse London and Spirit World in about 2450, but ah. The whole small-g-godslaying thing. So now it's sort of integrating itself at random, which is more than a little dangerous because the Dragons and other ectofauna of Reverse London are nothing like Spirit World has ever seen, and the hollows and Yokai of Spirit world the same to Wing Bind. Strange Things have been appearing in the outer districts of the Rukongai for some time now- Aquatic horses with a taste for flesh, Ominous black hounds and Strange Women in Ponds. In Reverse London, there are reports of Foxes being even Cheekier than usual, going from petty theft to Bank Fraud and Crypto currency trading.
As for the assorted Gods of this and other worlds- No two Life Machines operate with the same internal logic, so while the AEIWAM Life Machine has it's Hollows, Yokai and Kami, other life machines are operating under entirely different rules, so who knows what is running around elsewhere.
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mariacallous · 2 months ago
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American R&B singer Aliaune Thiam, professionally known as Akon, has long wanted to help Senegal, the country he grew up in. He started Akon Lighting Africa in 2014 to install cheap Chinese solar-powered lighting systems across the continent. He hoped to do something more significant for Senegal. But how to fund it?
The answer turned out to be the same one adopted by a growing number of governments and entrepreneurs: a mixture of cryptocurrency and urban planning. It’s a combination that offers the promise of development without any of the tricky details—and which tends to turn out to be little more than vaporware. There was Bitcoin City in El Salvador, but also Painted Rock in Nevada, Satoshi Island in Vanuatu, Cryptoland in Fiji, or the Crypto-Kingdom of Bitcointopia in Utah.
In 2018, Akon announced a new cryptocurrency, to be called “akoin.” Akoin would enable Africans to, as the singer put it at a launch event, “advance themselves independent of the government”—in some manner. Most importantly, akoin would fund the creation of Akon City, an advanced planned city to be built in Senegal. Akon announced akoin and Akon City at the Cannes Lions Festival in June 2018. Akon said in November of that year that he had “everything planned out” for the city. But both Akon City and the akoin token remained only ideas for many months.
Akon was interested by the promises of cryptocurrency—specifically, free money by some unclear mechanism—but he was not up on the details of its technical or financial issues: “I come with the concepts and let the geeks figure it out,” he said. The akoin team featured initial coin offering (ICO) entrepreneurs such as Lynn Liss of ICO Impact and Crystal Rose Pierce.
The akoin cryptocurrency was pre-sold in a 2019 crypto token offering called “token of appreciation.” Each dollar “donation” would give you up to four tokens which would convert to akoin.
Akoin had not launched in Senegal at the time, despite billboards across the country. The West African CFA franc is the only legal currency in Senegal; BCEAO, the central bank, warned that akoin could not be used as a currency in the country.
Akoin promised all manner of functionality—special akoin wallet software, direct exchange with other cryptocurrencies or with cellphone minutes, an application marketplace, various “building blocks for entrepreneurship.” None of this was ever implemented.
Akoin finally started trading on a crypto exchange in November 2020. The akoin token didn’t do anything or have any particular utility; it was just a crypto token that you could trade. Pre-sale buyers dumped their akoin immediately and the price crashed. That’s not unusual: As of 2022, 24 percent of new cryptos fell 90 percent or more in their first week.
Akon posted on social media in January 2020 that he had “finalized the agreement for AKON CITY in Senegal”—though he had previously claimed that construction had already started in March 2019. The new city would be built near the small town of Mbodiène, about 100 kilometers south of the capital, Dakar.
Akon City would be a “smart city” inspired by the futuristic African nation of Wakanda from the 2018 movie Black Panther. The city would feature boldly curved skyscrapers, shopping malls, music and movie studios, “eco-friendly” tourist resorts, and a parking garage for flying cars.
Akon claimed in August 2020 that $2 billion of the $6 billion needed to build Akon City had been secured. He laid the foundation stone for the city on Aug. 31, 2020, and said that construction would start “next year,” in 2021.
Construction did not start in 2021, to the disappointment of locals. It was not clear where the $6 billion needed to build Akon City would come from. A representative for KE International, the United States-based contractor for Akon City, told AFP that more than $4 billion had been secured, with Kenyan entrepreneur Julius Mwale as lead investor, and that construction would start in October 2021—but it did not.
By 2022, Akon told the BBC that construction was “100,000 percent moving.” He said the COVID-19 pandemic was partly to blame for the delays. Akon was surprised at the “thousands of studies” that had to be done before work could even commence.
Senegal’s Society for the Development and Promotion of Coasts and Tourist Zones (SAPCO) had claimed the land by eminent domain in 2009 before offering it to Akon City in 2020. By 2023, no building work had been done at the Akon City site—though Axiome Construction insisted that geotechnical studies and environmental assessments were still under way. By this time, according to the Guardian, the only construction was a youth center nearby in Mbodiène, paid for personally by Akon—and built upon the foundation stone that he had laid in 2020.
Senegal finally lost patience with the project. Akon had missed several payments to SAPCO, and in June of this year, SAPCO sent a formal notice to Akon warning that work had to start by the end of July or SAPCO might take back almost all of the land grant.
Akon had already been looking for other opportunities to place akoin. In April 2021, he started talking to Uganda about setting up an Akon City there as well. In January 2022, the Ugandan government allocated him one square mile in Mpunge, in the Mukono district—despite objections from the National Unity Platform party and protests from Mpunge residents wanting compensation, which could not be paid before 2025.
Akon said that Akon City, Uganda, might be completed by 2036. At a 2021 news conference, he evaded questions on what the new city would cost or how it would be funded. The Forum for Democratic Change party said that the Ugandan Akon City would never happen and accused the government of granting “sweetheart deals” to developers.
Akon City was tech solutionism that leveraged the political power of celebrity. Akon wanted to launch a large project and thought that cryptocurrency, the buzzword of 2018, might fund his dream. He thought that this one weird trick would do the job.
In this case, the miracle technology was crypto. These days, such  pushes by celebrities or entrepreneurs of new projects will typically use artificial intelligence—whatever that might mean in a particular case—as the marketing hook for a “smart city.
In his 2023 book Let Them Eat Crypto, Peter Howson of Northumbria University detailed how to head off solutionism-inspired blockchain projects that were heavy on publicity but light on the necessary bureaucratic work on the ground. His approach is broadly applicable to tech solutionism in general: Pay attention to the men behind the curtain. Howson has written recently on “smart city” plans as marketing for crypto tokens.
The Akon City plan was a worked example of speculative urbanization. A project is proposed with science-fiction concept drawings and a pitch aimed at tourists rather than locals; land is allocated; something might eventually be built, but it will bear little resemblance to the brochures. Christopher Marcinkoski of the University of Pennsylvania described Akon City as just one of many such initiatives, particularly in Africa, calling it “very much a real estate play.” The important output from such projects is local political capital—even as they never work out as advertised.
Cryptocurrency was an application of speculative urbanization to money—a high concept, a pitch to financial tourists, and the only end result being a token to speculate on and a tremendous amount of fraud. The Akon City project, however good Akon’s own intentions, seems functionally to have been merely the pitch for a crypto offering that failed—leaving an empty site, disappointed locals, and an embarrassed figurehead.
By 2024, akoin had been removed from the few crypto exchanges it had been listed on; it was effectively worthless. Akon sold short videos on Cameo—but he would not do requests related to cryptocurrency.
The speculative urbanization pitch rolls on. Actor Idris Elba has recently floated plans for an “environmentally friendly smart city” on Sherbro Island off Sierra Leone.
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laurenttradinginsights · 28 days ago
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Crypto Meets Forex: Navigating Risks and Opportunities in 2025
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Based on my experiences, I have seen various innovations of money with Bitcoin and other cryptocurrencies bringing major changes in the financial market. The overall flow of bitcoins is now stronger, and fluctuations in coins such as Polkadot or Dogecoin increase — all this affects the Forex market. This is where we traders get both the challenge and the thrill to perform, but with the right strategic plans in place, it is a brilliant chance to expand.
Why Crypto is Vital for Forex Traders
In the fast-paced world of trading, volatility is where the action is, and crypto delivers that in spades. While Forex markets move with global economic trends, crypto thrives on sentiment and speculation, making it a goldmine for those who know how to adapt.
Volatility Creates Opportunities: Coins like Bitcoin can swing dramatically in a single day, offering quick wins for prepared traders.
Crypto-Fiat Connections: Bitcoin’s rise often hints at movements in fiat pairs like EUR/USD or USD/JPY.
2025 — A Game-Changer: With Bitcoin adoption growing, I believe the next few years could redefine how crypto and Forex markets interact.
How I Approach the Crypto-Forex Connection
Stay Informed: Whether it’s new regulations in Europe or tech updates from Silicon Valley, the crypto market moves fast. Keeping up with global news helps me anticipate opportunities.
Manage Risk Like a Pro: Crypto’s volatility is thrilling, but it’s also risky. I use tools like stop-loss orders and position sizing to protect my capital while staying in the game.
Watch Market Overlaps: When Bitcoin rallies, I often notice shifts in fiat currencies. Understanding these connections can turn crypto trends into Forex profits.
Adapt My Strategy: Adding crypto pairs like BTC/USD or ETH/EUR to my portfolio has opened new doors. It’s a way to diversify and catch moves I might have missed otherwise.
Why I Trust ORION Wealth Academy
For me, trading is about constant learning and growth, and ORION Wealth Academy has been a game-changer. Their approach to Forex and crypto education is unmatched, offering tools and strategies that work for traders at all levels.
Here’s what makes ORION stand out: ✅ Expert coaching on navigating both crypto and Forex markets. ✅ Daily analysis to stay on top of key trends like Bitcoin’s momentum. ✅ Practical lessons tailored to beginners and seasoned traders alike. ✅ Weekly signals that help me spot opportunities in this fast-moving landscape.
ORION doesn’t just teach you how to trade — it prepares you to excel in markets where crypto and Forex intersect.
Looking Ahead to 2025
As we move into 2025, the relationship between crypto and Forex will only grow stronger. Here in France, I see more traders adapting to these changes, ready to embrace the challenges and opportunities they bring.
If you’re ready to navigate this dynamic market, join ORION Wealth Academy. Their insights and strategies have helped me trade smarter and more confidently.
Start your journey today — because 2025 won’t wait for anyone.
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samueldays · 11 months ago
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Sam Reviews: H. Beam Piper
I bought a fat collection of short stories and novels by H. Beam Piper, a sci-fi writer of the 50s and 60s. It holds up quite well, I think, as I reread the whole collection recently. There's a variety of content, from alien first contact to space-pirates and time travel, and a "thick" setting base for much of it with elements like carniculture or the veridicator that pop up in several stories without being the basis of one. Piper uses a pair of shared universes for many of his stories where you can see connections without needing to have read the previous. I think there's also less showing off wiseass references than in a lot of contemporary sci-fi, though I might simply have missed some.
The odd pair out is Graveyard of Dreams and its quasi-rewrite The Cosmic Computer, which belong to the first shared universe. Both books have the same start: Boy comes home to frontier colony planet after having studied at prestigious university in the core worlds, receives welcome as hometown hero, is now expected to solve planet's problems of being a run-down backwater after the space war, also find the allegedly war-winning supercomputer that's rumored to be located somewhere nearby and could be dug up like it's pirate treasure. Boy has learned at university the computer is probably imaginary, but it would break the community's hearts to tell them.
Graveyard takes the view that the population has been thinking too much in terms of blaming the war and hoping for the plot-device computer instead of doing anything, so the boy tells his dad the computer isn't real, and they start a conspiracy to reform the planet as part of the computer hunt: The computer might be on the moon, or another planet in the same solar system, so we'll need a spaceship. We can't search the whole planet in one go, so we'll need regular refueling and resupply and a spaceport here. We'll need radars and scanners and drones and other things bought from Earth, so we'll have to invite trade ships to our spaceport, and produce things to sell for Earth currency. Implementing the computer's economic plan once we find it will no doubt require infrastructure, which we should build up in advance. And so the colony gets better, ostensibly as part of looking for the computer.
Through all this, I never felt like Piper was dunking on people who put all their hopes and dreams in a problem-solving magic supercomputer, or on fellow sci-fi writers with their plot device computers. There's very little vitriol. Characters had simply built up their hopes too high. (If he had written it sixty years later, though, I might have thought it was a dunk on people going "crypto fixes this! put vegetables on the blockchain!")
The story is in one sense hard sci-fi, because it limits itself to realistic known capacities of computers, and in another sense, not sci-fi at all, because the computer is a pure McGuffin and the moral of the story is that people should work on solving their problems and improving their community instead of hoping for a McGuffin to fix everything.
The Cosmic Computer starts the same way with much the same plan, and a "salvage company" double-bluff that's supposedly supposedly for picking up other things while hiding the secret supercomputer, but supposedly actually for getting the computer, but actually just for looting abandoned military bases from the war as a way of revitalizing the economy.
Then they find the computer for real, and things get odd.
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Uller Uprising is one of his earliest stories and the first I read that hinted at the specific timeline mentioned above, branching off from the era when he wrote, that did not come to pass but is an interesting speculation to read. The dating system is AE (Atomic Era), counting from 1942, when mankind first harnessed nuclear power. Most of the Northern Hemisphere nuked itself (or each other) in great power conflict in later world wars that timeline; the rebuilding of Earth and colonization of the stars was mostly done by Southern Hemisphere states such as South Africa and Argentina. The story features a pair of ships named Paul Kruger and Jan Smuts.
Oh for the South Africa that was! Piper saw a country that would reach for the stars once the US and SU had ground each other down. South Africa once had a nuclear power program. Now it can't keep the lights on. But I digress.
The scene for the Uprising is a Terran trading colony, in the 'colonialism' sense like the British India Company, on a world populated by aliens. Piper's aliens are polylithic*: among them is joy in prosperity, and resentment at colonists, and desire to learn, and factional infighting, variety "I want those fancy gadgets the Terrans have so I can crush my rival", and variety "I want to manipulate the Terrans into crushing my rival for me". They have personality of their own, rather then being mere foils or subjects of history. One can say that such infighting is the often the downfall of colonized people, but that begs the question of calling them "a people" in the first place, rather than two peoples who fought until they both lost to a third.
*I would have said "diverse" but that has other connotations these days.
There's an angry mob of Ullerians that's been inflamed into simply going out and murdering Terrans, and there's cunning Ullerians who have signed on for a term of work on Terran ships going to the uranium mines, to learn the secrets of nuclear power. There's also awful smut that's relevant in-universe. Quite good stuff.
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Little Fuzzy is also set in the Atomic Era timeline. The Terran Federation is spreading across the stars, and on the planet Zarathustra, the prospector Jack Holloway stumbles across an odd creature:
He turned quickly to see two wide eyes staring up at him out of a ball of golden fur. Whatever it was, it had a round head and big ears and a vaguely humanoid face with a little snub nose. It was sitting on its haunches, and in that position it was about a foot high. It had two tiny hands with opposing thumbs.
He thinks it's cute, and adopts it to live in his house, and the critter brings its family, and he sees they're smart enough to use tools when eating some of the other local wildlife.
This raises a question of whether they're smart enough to count as native sapients and should have rights to the planet. We hear about the "talk and build a fire rule" which is the precedent of a future court case deciding that those two activities are sufficient proof of sapience, but not necessary for it, as shown in another court case when a woman murdered her infant baby and tried to plead that the baby couldn't talk nor build a fire, and was convicted of murder anyway.
Jack Holloway, of course, is all in favor of getting his cute adopted fuzzball recognized as sapient. The antagonist of the story is the Zarathustra Company which holds a Class-III legal charter for the settlement of an uninhabited planet; recognition of the Fuzzies would make it an inhabited Class-IV planet and void the corporate charter and make a lot of rich people lose a lot of money.
Again, there's a lack of dunking. The ZC is wrong, and commits crimes in an attempt to maintain its position, kidnapping the Fuzzies, fabricating evidence, and so forth. But I don't hear commie sneering from Piper as the ZC loses in court and one of its corrupt cops is put to a veridicator.
It's a very sci-fi piece of technology: an advanced mind-reading (brain-reading?) lie-detector helmet with the finesse to identify technically true but misleading statements.
There was a bright conical helmet on his head, and electrodes had been clamped to various portions of his anatomy. On the wall behind him was a circular screen which ought to have been a calm turquoise blue, but which was flickering from dark blue through violet to mauve. That was simple nervous tension and guilt and anger at the humiliation of being subjected to veridicated interrogation. Now and then there would be a stabbing flicker of bright red as he toyed mentally with some deliberate misstatement of fact.
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The veridicator pops up again in Space Viking, farther in the future. The Terran Federation is disintegrating.
"Nifflheim, no! There aren't a dozen and a half planets in the Old Federation that still have hyperdrive, and they're all civilized. That's if 'civilized' is what Gilgamesh is," he added. "These are homemade barbarians. Workers and peasants who revolted to seize and divide the wealth and then found they'd smashed the means of production and killed off all the technical brains. Survivors on planets hit during the Interstellar Wars, from the Eleventh to the Thirteenth Centuries, who lost the machinery of civilization. Followers of political leaders on local-dictatorship planets. Companies of mercenaries thrown out of employment and living by pillage. Religious fanatics following self-appointed prophets."
The viking-esque privateers of the Sword Worlds are raiding the Federation worlds for loot and machinery and personnel to build anew on their own planets; this situation is already so far advanced that one character bemoans the Sword Worlds themselves sliding into decadence and barbarism as their best and brightest leave to outright conquer Federation worlds and live there. All this is the backdrop to a hunt for vengeance and a grudge to be settled between one Space Viking and another, which in the process results in taking over a world and becoming King, and watching another world collapse.
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Some of the minor stories:
Naudsonce is about first contact with an alien species and the attempts to establish communication when the odd aliens make sounds, but do not seem to have language. They can gesture enough for trade, though, and sell off some of their spare livestock. The brass provisionally file it as Domesticated Type C. The enlisted men, wanting to discuss the barbecue, cut this down to "domsee" and the name sticks.
Lone Star Planet is rather comic: there's a planet settled by exaggerated Texans, the most Texan ones who wanted to live in Space Texas specifically, and they brought the Alamo with them on a spaceship. They breed dinosaur-like "supercows" on their ranches, their cowboys need tanks for herding the supercows and implicitly constitute small armies, and it's legal to kill politicians for the crime of attempted taxation. Our protagonist is a nervous new ambassador sent to this planet after his predecessor was killed, suspecting that his government wants him also killed as casus belli. (Partly inspired by H.L. Mencken's The Malevolent Jobholder.)
A Slave is a Slave concerns the imperialistic abolition of slavery on a planet where slavery has been the order of the day for so long that it's becoming an in-name-only matter: the "slaves" are the ones who operate everything important, while the "masters" spend their days in petty feuds with each other. The imperial potentate sent to oversee abolition is a first-timer, learning on the job how to administrate foreign planets. This does not go entirely smoothly.
Hunter Patrol is a time loop. A present-day soldier is drawn to the future to help overthrow a tyrant that has conquered the world and conditioned people into servile pacifism. Returning to his own time with a bit of loot and papers from the tyrant's office but without future memories of what they are or why, he uses the future knowledge to become rich and powerful, aims to establish world peace, and ironically becomes the tyrant murdered by his past self.
Null-ABC depicts a future where "Literate" has become a profession; most people aren't literate and look down on the concept. Instructions are usually pictographic, or you hire a Literate to read it for you. Data storage and messaging is commonly audio. TVs and videos are still around, naturally. This because Literacy is associated with propaganda pamphlets and hell-tomes like Mein Kampf and Das Kapital, and the four world wars they caused. This is the one story where I recall Piper does get in some cheap jokes, in the world news report of items such as,
"The Central Diplomatic Council of the Reunited Nations has just announced, for the hundred and seventy-eighth time, that the Arab-Israel dispute has been finally, definitely and satisfactorily settled."
unrelated to the plot of the story, which involves political strife about the status of Literates and literacy.
That joke has aged very well, I must say.
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Piper's second shared universe set of stories is the Paratime collection. In a future without interstellar travel, as Earth's resources run dry, mankind has instead developed the technology of visiting alternate timelines and parallell universe Earths. On the uninhabited ones, futuremen mine resources directly; on the inhabited ones, futuremen buy from the local miners.
This gives the protagonists reason to get involved pretty much anywhere in history or alt-history as they have to cover up the Paratime Secret, or stop a time crime, or catch the Venusian Nighthound that some dumbass let loose in a 1950s America before the cops ask too many questions about the unusually mutilated cattle. It is a really great Excuse Plot for whatever time period, technological level, and/or cultural group the author feels like writing about today.
It could easily have stopped there, and become a series of disconnected anecdotes and shiny distractions, but Piper executes it well and gives it context. Home Timeline has people and places and customs and strife, although some of the bits feel clunky to me.
Tortha Karf fingered them and nodded. Then he became as visibly angry as a man of his civilization and culture-level ever permitted himself. "What does that fool think we have a Paratime Code for?" he demanded. "It's entirely illegal to transport any extraterrestrial animal or object to any time-line on which space-travel is unknown. I don't care if he is a green-seal thavrad; he'll face charges, when he gets back, for this!"
It's very hard to make future ranks sound appropriately important while staying foreign, and "green-seal thavrad" falls short, IMO. (Also clunky: "We'll blow them to Em-See-Square!" elsewhere in Piper's writing.)
Most of the Paratime protagonists are time cops of some sort, though with a major exception: Calvin Morrison, a man from our time's America, gets sucked up in the wake of a paratime travel vehicle. Falling into a timeline where America was colonized by an eastward Indo-Aryan migration and the technology level is late medieval, he becomes Lord Kalvan of Otherwhen, protagonist of his own novel by the same name and several sequels by Piper's peers.
(A time cop stops by to check whether the Paratime secret has been leaked, and is very satisfied that Calvin has told everyone "a wizard did it" and is helping to keep the secret.)
In this alternate timeline, America is divided into kingdoms worshipping the Wolf-God and the Sky-Father and the Earth-Mother and other interpretations of ancient Aryan deities as filtered through 1950s historiography and then cultural drift as imagined by Piper, which makes it an interesting sort of foreign place. But the supreme god of the time is Styphon, whose priesthood alone holds the secret of making fireseed (gunpowder). This monopoly is the main source of their power, and Calvin is about to break it.
The plot outline "Contemporary man falls into the past/fantasy world and introduces gunpowder" has been recycled a thousand times by worse writers, and I wonder how many of them would trace their literary ancestry back to Piper if we could see who they'd copied. I know it's more than zero: like with Journey to the West but less famous, reading Lord Kalvan made several things click into place as I recognized elements other authors had been copy-pasting that made sense in the original but were weirdly out-of-place in the flimsy knockoffs. Literary cargo cult.
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In closing, Piper was an original writer, and I recommend his stories.
No man is entirely original, one can locate him easily in the late golden age of American scifi with peers and influences, but he stands out to me as the sort of person that others were copying a great deal. Lord Kalvan I mentioned above, the Sword-Worlds of Space Viking went right into the Traveller RPG, Little Fuzzy was rebooted by John Scalzi as Fuzzy Nation, Star Trek's "tribbles" were originally "fuzzies" before Legal got involved, the Paratime series was an inspiration for Charles Stross's Merchant Princes, the list goes on.
And it looks to me, as with several other of my favorite and respected authors, that this is partly because he could draw on a wide set of life experiences outside of the incestuous 'literary class'. (Vague, I know.) He worked on the railroad, he studied engineering, he collected firearms and helped compile a collection of archaic ones. His short story Omnilingual turns on the fact that science has a shared true referent: the Periodic Table of the Martians must refer to the same elements as on Earth, and so the long-dead Martians' language is deciphered.
I might say: he was a shape rotator. :-)
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diarrheaworldstarhiphop · 1 year ago
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I love el salvador because its proof that you can literally just disregard left wing ideology completely, do the exact opposite of what (((they))) say we can't/arent allowed to do, and the end result is objective improvement lol based president bukakke is /ourguy/
lol
>>Despite Bukele presenting his administration as “populist” he is anything but a political outsider or a champion of “the people.” After getting kicked out of the then-ruling Farabundo Martí National Liberation Front (FMLN) for allegedly assaulting a female party official, Bukele, a former advertising executive, joined the Grand Alliance for National Unity (GANA) whose founding members came from the aforementioned Nationalist Republican Alliance (ARENA). Furthermore, Bukele’s rise to power took place during an election in which nearly 50% of eligible Salvadoran voters abstained. It’s even possible that Bukele was appointed in response to the FMLN government’s friendlier relationship with China. For example, in exchange for breaking ties with Taiwan and recognizing Beijing as the official capitol of China, FLMN received $150 million and a donation of 3,000 tons of rice from the Chinese Communist Party. Likewise, during the Trump administration’s 2019 attempt to oust Venezuelan president Nicolas Maduro on behalf of the neoliberal reactionary Juan Guaido, the FMLN took the side of the Chavistas.
In America, Bukele is best known for establishing Bitcoin as Salvadoran legal tender alongside the US dollar. Cryptobros like to portray this as an attempt by a “based” technocrat unpersuaded by “ideology” to get his nation off of fiat currency and away from the control of central banks. This narrative is a total inversion of the truth; In 2020 Bukele sent 40 soldiers into the Legislative Assembly building and forced opposition politicians at gunpoint to approve a loan request of $109 million from the American government for his “Territorial Control Plan.” This plan, using COVID-19 as a pretext, deployed thousands of military personnel to work alongside local police in establishing martial law throughout El Salvador. Bukele’s government insists this led not only to a successful quarantine but a significant reduction in homicides by organized crime. However, the Territorial Control Plan relies on alliances with Salvador’s gangs, as a report by El Faro exposed. “The pandemic was a blessing for Bukele,” Carlos López Bernal, a professor of history at the University of El Salvador, told The Guardian. “He presented an apocalyptic scenario to which the only solution, supposedly, was to give the president everything he asked for. More money and more power.”
In 2021, Bukele’s party “won” a supermajority in El Salvador’s congress, supposedly with 65% of the vote. He then fired five Salvadoran Supreme Court Justices and the attorney general before the Legislative Assembly voted to accept Bitcoin as legal tender. This decision was influenced by Bukele’s close relationship to Strike CEO Jack Mallers, the descendant of Chicago finance royalty and a member of Forbes 30 under 30. According to Slate: “Bukele’s government rolled out a digital crypto wallet in app form, called Chivo (Salvadoran slang for cool), which came preloaded with $30 of Bitcoin to encourage adoption. Many who downloaded it found it confusing and buggy, or that their $30 had already been stolen by identity thieves. A study by economists at the University of Chicago, Penn State and Yale found that of those who managed to access it, most cashed out their $30 and didn’t use Chivo again.”
Towards the start of May, cryptocurrency experienced its worst crash yet. This ongoing crash has already wiped out $400 billion in market capitalization and bankrupted innumerable investors. As Slate notes, “El Salvador is on the verge of defaulting on its debts, which amount to close to 100 percent of its gross domestic product. This is exacerbated by the loss of value of the country’s Bitcoin holdings, which Bukele bragged he would trade with public funds on his phone while in the bathroom. As of now, he has personally cost the Treasury about $40 million—an amount equal to its next foreign debt payment, due to bondholders in June.”
Just before the epic crypto crash, Bukele unveiled plans for a city, “funded by the sale of a Bitcoin bond and powered by geothermal energy from the nearby Conchagua volcano.” Now, the country’s bonds are trading at 40% of their original value. But like any good con artist, cult leader, or multi-level marketing guru, Bukele has doubled down on his Bitcoin “gamble.” In the midst of the crypto crash, El Salvador hosted a “financial inclusion conference” attended by “44 central bankers from developing countries around the world.” This conference was organized by the Alliance for Financial Inclusion, formed in 2008 by central bankers in Mexico, Kenya, the Philippines, Indonesia and Thailand in “close collaboration” with the Bill and Melinda Gates Foundation. In 2013, Bill Gates spoke at a meeting hosted by the United Nations General Assembly to tout the merits of “digital financial inclusion” via digital payment systems. The invite reads: “Today 2.5 billion adults are excluded from the formal financial services sector. Yet governments, the development community and the private sector make billions of dollars in cash payments to people in emerging economies, many of them poor and financially excluded. Shifting these salaries, pensions, social welfare stipends and emergency relief payments from cash to electronic has the potential to improve the livelihoods of low-income people by advancing financial inclusion and helping people save.
During the upcoming United Nations General Assembly, UNDP, UNCDF and the Better Than Cash Alliance are hosting an event on how partnerships between governments, private sector and development organizations are helping to promote inclusive growth. It will focus on how digital payments can catalyze financial inclusion, and as a result, can be a driver of inclusive growth and development.”
In January 2021 the Bank of International Settlements issued a report stating, “Most central banks are exploring central bank digital currencies (CBDCs), and their work continues apace amid the Covid-19 pandemic. As a whole, central banks are moving into more advanced stages of CBDC engagement, progressing from conceptual research to practical experimentation.” Since 2017, “the share of central banks actively engaging in some form of CBDC work grew by about one third and now stands at 86%.” The BIS report found that 56 central banks are now researching or developing some form of digital currency. 
During the early stages of the pandemic in 2020 programmers well versed in COBOL, a 40 year old programming language, were in high demand. This demand mainly came from state governments, who still use COBOL to dispense unemployment benefits. “Literally, we have systems that are 40-plus-years-old,” New Jersey governor Chris Murphy told CNBC. “There’ll be lots of postmortems. and one of them on our list will be, how did we get here where we literally needed COBOL programmers?” Murphy’s concerns were echoed by Kansas governor Laura Kelly: “So many of our Departments of Labor across the country are still on the COBOL system; you know very, very old technology.” Connecticut, California, New York, and Pennsylvania “still rely on decades-old mainframe systems based on the COBOL language as well.”
If all of this still sounds banal or benign to you, consider the following: PRISM, the massive NSA surveillance machine “exposed” by Islamaphobic Ayn Rand fanboy and descendant of numerous lifelong feds Edward Snowden, is the direct descendant of PROMIS, a tracking software developed by a “former” NSA fed working in the private sector through his firm Inslaw. Inslaw originally developed PROMIS to help the Department of Justice and local law enforcement agencies across America “update” their prehistoric filing systems in the mid-1980s. PROMIS was later stolen by Mossad spies and infamously distributed by Robert Maxwell, father of Ghislaine Maxwell, before making its way back to its homeland. In the meantime, the same NSA that was building PRISM and had produced PROMIS was working on the hash algorithm that made Bitcoin possible. 
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Covid Imperialism, Crypto Colonialism, and the Real “Great Reset” – Beyond_Lies_The_Wub (wordpress.com)
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funexcoin · 2 years ago
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A Revolutionary Digital Currency- Funex coin
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Funex coin
Funex coin Funex coin can be described as a type of cryptocurrency that Funex created to be used in today's world. The capacity of this coin to perform online transactions in the most efficient, as well as safest, and secure way possible, has earned the coin a wide recognition. Funex coin Funex cryptocurrency is multi-chain token, which is distributed in a huge number of networks which include Tron, Binance, Ethereum along with the Polygon Smart Chain. The total amount of Funex coins is 150 million.
Name of the primary token that is used in Funex Club is Funex Coin. In the year 2019, Funex Club was established and one of its primary goals is to expand the amount of people who purchase items with cryptocurrency as a method of payment. Anyone can study cryptography through this Funex Club, and later they can apply the knowledge they have learned to work with conventional forms of currency. This particular Digital Currency is called Funex Coin, and its ticker is FUNEX.
Use of Funex coin
Funex Coin can also be a multi-chain cryptocurrency. Funex Club is a unique new digital currency platform that provides platforms as well as services and solutions that make it easier, safer and improve the speed of transferring money using crypto currencies. It is possible to use it to perform cryptocurrency transactions in a swift and secure way. Funex is an electronic currency that provides high-profile and top-quality solutions and services related to cryptocurrency. In order to make cryptocurrency use the same as traditional currency, Funex employed modern technology and the most modern technology.
Because the Funex Multi-chain token is offered on several platforms, such as Sunswap and Local Trade, Bitmart, and others It is easy for traders to purchase. Additionally you can invest it, purchase goods and invest in NFTs and many more. The users will soon have access to blockchain-based games which are generally regarded as the most thrilling now available.
Funex Metaverse and NFT
Funex hopes to introduce its players to a completely new world that includes gaming, the Metaverse, NFTs, gaming as well as other aspects. Funex Games Funex Games are the result of a meticulous plan and development work by a group of highly experienced gaming industry veterans using the latest and cutting-edge technology. One of the best ways to make future investments is via the trading of coins on Funex. It will be the new trend that will offer a variety of advantages and allow for anyone to make use of the money without the assistance of anyone else.
Funex coin app
The Funex coin app is available in the Play store, iOS, and web browsers. This Funex coin app comes with an intuitive user interface and comes loaded with numerous features that make trading fun and easy. It also comes with an account that lets you to store over 25 different cryptocurrency and is also among the wallets that are the most efficient in terms of sending and receiving cryptocurrency.
Funex coin wallet
It is the Funex coin wallet is considered a custodial account which implies it is the Funex Club is accountable for keeping your keys secure. This Funex wallet is one of the wallets that promises the most rapid transaction speeds that are available. Utilize the Funex wallet to save Digital Currency transfer cryptocurrency, and quickly transfer cryptocurrency.
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troptions2017 · 2 days ago
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Why TROPTIONS Continues to Rise in Value.
Why TROPTIONS Continues to Rise in Value
In a cryptocurrency landscape filled with speculation, hype, and volatility, TROPTIONS stands out as a beacon of stability, usability, and true decentralization. While many cryptocurrencies rely on centralized exchanges for liquidity and speculative trading, TROPTIONS has taken a different path—one that has proven its value time and time again over its 21-year history.
Off the Exchanges, Into the Real World
Unlike most cryptocurrencies, TROPTIONS cannot be purchased on traditional exchanges. Critics initially doubted this approach, believing that skipping the exchanges would hinder its growth. However, the opposite proved true. TROPTIONS stayed true to the original vision of cryptocurrency: peer-to-peer transactions. This direct trading model not only bypassed the speculative frenzy that consumed many other tokens but also solidified TROPTIONS as a practical tool for purchasing goods and services worldwide.
By 2015, TROPTIONS doubled down on this peer-to-peer approach, avoiding the speculative traps that turned Bitcoin into a "buy low, sell high" investment vehicle. Instead, TROPTIONS thrived as a currency used for real-world transactions, with over $5 billion in peer-to-peer exchanges each month. These transactions ranged from everyday purchases to high-profile sponsorships with NASCAR, ABA basketball, celebrities, and more.
Tethered to Bitcoin, Yet Independent
TROPTIONS is tethered to Bitcoin and exists on the Bitcoin blockchain, giving it a unique advantage. Every time Bitcoin rises in value, TROPTIONS is pulled upward alongside it. But unlike Bitcoin, TROPTIONS is not influenced by the speculative trading seen on exchanges. This tethering provides the benefits of Bitcoin’s upward momentum while maintaining TROPTIONS’ stability and decentralization.
Because TROPTIONS operates outside the influence of centralized markets, it is less vulnerable to external economic pressures and global market volatility. Its decentralized nature ensures that its value remains tied to its utility, not market speculation.
A Proven Track Record of Use
What sets TROPTIONS apart is its unmatched history of practical use. Since 2003, TROPTIONS has been used to purchase goods, services, and even sponsorships. It has cemented itself as a reliable balance sheet asset, offering value stability and utility that most cryptocurrencies can only dream of.
In 2019, TROPTIONS PAY emerged, making it even easier for consumers to spend TROPTIONS at retailers. Today, TROPTIONS PAY is accepted at over 480,000 merchant locations across the United States, with plans to expand globally. This wide acceptance has made TROPTIONS one of the most practical and widely used crypto tokens in the world.
The “Gold Standard” of Cryptocurrency
TROPTIONS is often compared to gold, not just for its stability but for its rarity. With no traditional exchange listing, acquiring TROPTIONS requires finding a current holder willing to sell. This scarcity, combined with its practical applications, has positioned TROPTIONS as a valuable asset.
While TROPTIONS may not be the most well-known cryptocurrency, it is quickly becoming one of the most used. Its combination of utility, stability, and growth potential makes it a standout choice for businesses and consumers alike.
A Class of Its Own
In a world where most cryptocurrencies are focused on speculation, TROPTIONS remains true to its roots. Its 21-year history of buying goods and services, its tethering to Bitcoin, and its decentralized nature make it a unique asset. It is not just a cryptocurrency; it is a reliable, proven, and scalable financial tool that continues to grow in value and acceptance.
TROPTIONS isn’t just a token you save for a rainy day—it’s a currency you use every day. To learn more about TROPTIONS and its growing footprint, visit TROPTIONSXCHANGE.IO.
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block3finance · 7 days ago
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How to Handle Multi-Currency Transactions in Crypto Accounting
The world of cryptocurrency is dynamic and complex, with multi-currency transactions becoming a standard part of operations for businesses and individuals. Handling these transactions effectively is critical, particularly when it comes to crypto tax in USA, crypto mining Canada, and overall accounting for crypto. Below, we explore strategies and best practices to streamline multi-currency crypto accounting.
Understanding Multi-Currency Crypto Transactions
Multi-currency transactions involve buying, selling, or transferring assets across various cryptocurrencies or between crypto and fiat currencies. These transactions can be challenging to manage due to fluctuating exchange rates, varied tax treatments, and compliance requirements across jurisdictions like the United States and Canada.
Accurate Recordkeeping is Key
Accurate recordkeeping is the foundation of effective accounting for crypto. For every transaction, it's essential to record:
The date and time of the transaction.
The currencies involved (e.g., Bitcoin to Ethereum or crypto to USD).
The exchange rate at the time of the transaction.
Fees incurred during the transaction.
Using specialized crypto accounting software can simplify this process, ensuring that every detail is documented and easily accessible for audits and tax reporting.
Evaluating Exchange Rates
Exchange rates fluctuate significantly in the crypto space. When handling multi-currency transactions, use the most accurate rates available at the time of each transaction. Many accounting solutions designed for crypto automatically integrate exchange rate data, saving time and reducing errors.
Tax Implications for Multi-Currency Transactions
In the United States, the Internal Revenue Service (IRS) treats cryptocurrency as property. This means each transaction, including trades between cryptocurrencies, is considered a taxable event. Calculating crypto tax in USA requires detailed records of acquisition and disposal dates, cost basis, and fair market value at the time of exchange.
In Canada, crypto mining and other activities have their unique tax implications. The Canada Revenue Agency (CRA) mandates that earnings from crypto mining Canada be declared as either business income or capital gains, depending on the scale of operations. Managing multi-currency transactions in Canada involves additional complexities, such as identifying the tax treatment of mining rewards and subsequent trades.
Automating Multi-Currency Crypto Accounting
Given the complexities, automation is invaluable for accounting for crypto. Tools that integrate with multiple exchanges and wallets can help streamline processes, such as:
Aggregating transaction data.
Automating gain and loss calculations.
Generating tax reports tailored to regional requirements.
These solutions reduce manual effort, ensure accuracy, and mitigate the risk of errors during tax season.
Working with Crypto Accounting Professionals
Navigating the intricacies of multi-currency transactions requires expertise. Partnering with professionals like Block3 Finance ensures that your transactions are accurately recorded, and tax obligations are met efficiently. Our team has decades of experience in tax planning and accounting, tailored to the unique needs of the Web3 economy.
At Block3 Finance, we specialize in providing tailored solutions for crypto tax in USA, supporting crypto mining Canada, and simplifying the complexities of accounting for crypto. Our services are designed to give you the freedom to focus on your goals while we handle the financial intricacies of the crypto world.
Conclusion
Handling multi-currency transactions in crypto accounting requires a strategic approach. By maintaining accurate records, understanding tax implications, leveraging automation, and partnering with professionals, you can confidently navigate the challenges of the crypto economy. Block3 Finance is here to simplify the process and empower you to thrive in the evolving blockchain landscape.
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comxprotrading · 10 days ago
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How to Navigate the Crypto World with Comxpro?
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Welcome to the world of digital currency! You might be new to this world or thinking about expanding your knowledge, we at Comxpro are here to help you. The market might look scary don’t get perturbed. With the right resources and tools, you can easily gain the confidence to trade in digital currency.  Through this blog, you will get to know the basics of the currency as well as how you can gain the most from the website. This will help in growing your finances as well.
Comprehending Cryptocurrency Markets
It is really vital to comprehend the diverse cryptocurrencies before you start dealing. Otherwise, there are chances that you may lose your money. Digital currencies are not like our regular currency. It cannot be brought at a bank. It can be purchased online only. They are created using a technology called a shared database. Since it is not held by a certain individual or a corporation, it is transparent and protected. There are multiple prevalent cryptocurrencies in the market. Comxpro will help you to navigate them easily.
Why Choose Comxpro for Crypto Trading?
Comxpro is created in such a way that beginners, as well as advanced traders, can gain some benefit from it. It has a very easy interface that will help you to use it easily. The website offers various information like real-time market data and charting. It also has a lot of videos that will help you to understand the various concepts related to digital currency trading. If you need any kind of personalized planning, there are options for that too. Only with Comxpro, you will be able to succeed in this fast-paced world of trading.
Setting Up Your Comxpro Account
Beginning an account on the website is very straightforward. You must not distress about it at all. Just follow these simple steps. Open the website and create an account by entering your basic information. These information will include your account details as well. Then you will have to choose as to how to want to fund the account. There are a variety of alternatives available like online banking, credit cards, debit cards, etc. You need not worry if your information will be secure or not. Comxpro ensures that your money and information are secure.
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Making Your First Trade
After establishing your profile, you can start dealing. But now you might be wondering, as to how to go about it. Look at the website there is an ample amount of information available. Read through the data given by experts as well as the charts. You will be capable of coming to an educated judgment. Finance a small amount of money to see how it expands. Always remember to invest only the money that you can lose. Now, using the tools on the website you can purchase the currency and start to trade.
Tips for Successful Crypto Trading
Success in trading is not just luck. It involves understanding the market and making informed decisions. Constantly stay educated about news, movements, and analysis in the crypto market. This will allow you to make the proper judgment at a suitable time. Never invest all your money in one currency. Put them in various currencies, so that it lessens the risk of losing all your money. Since it is a digital market, it is subject to a lot of fluctuations. Even small news can topple the market. So be patient and invest wisely.
Conclusion
Trading in cryptocurrency doesn’t have to be overwhelming if you pick Comxpro. Comxpro has all the tools and resources to help you to achieve your goals. You might be starting small or trying to improve your skills, Comxpro is your friend. So, open an account and start trading now!
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sophiejt1234 · 12 days ago
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Riding the Crypto Wave: A Deep Dive into Multi-Level Marketing in the Blockchain Era
The fusion of cryptocurrency and multi-level marketing (MLM) has introduced a dynamic way for entrepreneurs and investors to maximize earnings while leveraging blockchain technology. This innovative model blends the decentralized, borderless nature of cryptocurrencies with the scalability of MLM, creating opportunities that are as exciting as they are lucrative.
In this blog, we’ll explore how MLM is thriving in the crypto space, why it’s an attractive business model, and how investing in crypto MLM software development can set you up for success in this s core, MLM is a marketing and sales model where participants earn commissions through direct sales and recruiting others into the network. Adding cryptocurrency to the mix elevates the traditional MLM framework by integrating blockchain’s transparency, automation, and decentralized financial mechanisms.
Participants in crypto MLMs often earn commissions in digital assets like Bitcoin, Ethereum, or custom tokens, and transactions are powered by blockchain to ensure trust and efficiency.
Why Crypto MLM is Thriving
Cryptocurrency and blockchain have provided MLM businesses with tools that solve many of the traditional challenges associated with the model. Here’s why crypto MLMs are gaining momentum:
1. Borderless Opportunities
Traditional MLM systems often struggle with cross-border payments and currency conversions. Blockchain eliminates these barriers, enabling global participation without hefty fees or delays.
2. Transparent Transactions
Blockchain technology records all transactions on a public ledger, ensuring that payouts, commissions, and referral rewards are verifiable and tamper-proof.
3. Instant and Automated Payouts
Smart contracts, self-executing programs on the blockchain, handle commission calculations and payouts automatically. This eliminates delays and errors associated with manual processing.
4. Tokenized Rewards
Crypto MLMs often issue custom tokens as rewards. These tokens can be traded, staked, or even used within a broader ecosystem, adding value to participants’ earnings.
5. Increased Trust
By leveraging blockchain’s immutability and decentralization, crypto MLM platforms reduce the risk of fraud and build trust among participants.
How Crypto MLM Software Development Powers Success
Building a successful crypto MLM business starts with the right technology. Investing in robust crypto MLM software development ensures your platform is scalable, secure, and user-friendly.
Key Features of Crypto MLM Software
Customizable Compensation Plans
Supports various MLM structures, such as binary plans, matrix plans, and unilevel plans.
Blockchain Integration
Ensures transparent and immutable record-keeping for all transactions and rewards.
Multi-Currency Wallets
Enables participants to store and manage multiple cryptocurrencies securely.
Smart Contracts
Automates commission payouts and eliminates intermediary delays.
User-Friendly Dashboards
Provides participants with clear insights into their network, earnings, and growth metrics.
Regulatory Compliance Tools
Includes KYC (Know Your Customer) and AML (Anti-Money Laundering) processes to meet global standards.
Popular Applications of Crypto MLM in Today’s Market
1. Decentralized Finance (DeFi)
DeFi-based MLM platforms allow participants to earn through staking, lending, and liquidity provision while earning referral rewards.
2. Tokenized Ecosystems
Custom tokens power MLM networks, offering value within a broader ecosystem of products and services.
3. Blockchain Education
Crypto MLMs often provide educational resources about blockchain and cryptocurrency, rewarding users for spreading awareness and onboarding new participants.
4. NFT Marketplaces
MLM models are being applied to NFT sales, enabling creators and collectors to earn commissions on transactions within their networks.
How to Launch a Crypto MLM Platform
Launching a crypto MLM platform involves several key steps:
1. Define Your Business Model
Decide on the MLM structure and compensation plan that aligns with your goals. Popular options include:
Binary Plan: Participants build two legs (left and right) to earn commissions.
Matrix Plan: Participants are placed in a fixed-width and depth matrix.
Unilevel Plan: Allows unlimited direct referrals under a single tier.
2. Partner with a Crypto MLM Software Development Company
Choose an experienced team that specializes in building blockchain-based MLM platforms. Ensure they provide customization options, strong security features, and ongoing support.
3. Focus on Security
Implement multi-layered security protocols, including encryption, two-factor authentication (2FA), and cold wallet storage.
4. Ensure Regulatory Compliance
Work with legal experts to meet the regulatory requirements in your target markets, including KYC/AML processes.
5. Educate and Engage Participants
Offer tutorials, webinars, and resources to educate participants about blockchain technology and your platform’s benefits.
Advantages of Using Crypto MLM Software Development
Investing in tailored crypto MLM software development ensures your platform is:
Scalable: Capable of handling rapid network growth and increasing user activity.
Efficient: Automates critical processes like payouts, reducing manual intervention.
Secure: Protects user data and funds with blockchain-backed security.
Customizable: Adapts to your business needs with unique features and branding.
Compliant: Helps you navigate the legal landscape with built-in compliance tools.
Challenges in the Crypto MLM Space
1. Regulatory Uncertainty
Navigating global regulations can be challenging, especially as laws around cryptocurrency continue to evolve.
Solution: Stay informed about regulatory changes and work with compliance experts.
2. Misconceptions about MLM
MLMs are often associated with pyramid schemes, which can deter potential participants.
Solution: Emphasize transparency, ethical practices, and value-driven services.
3. Volatility of Cryptocurrencies
The fluctuating value of cryptocurrencies can impact participant earnings.
Solution: Offer stablecoins or pegged tokens to minimize risks.
The Future of Crypto MLM
The integration of cryptocurrency and MLM is just the beginning. Future trends include:
DeFi Integration: Combining decentralized finance with MLM rewards.
NFT-Based MLMs: Leveraging non-fungible tokens as incentives.
AI-Powered Insights: Using artificial intelligence to optimize network performance and growth strategies.
As blockchain technology continues to evolve, crypto MLM platforms will become more sophisticated, offering innovative ways to grow and earn.
Conclusion
Combining cryptocurrency with MLM is a game-changer, unlocking borderless, transparent, and scalable opportunities for entrepreneurs and participants. By investing in crypto MLM software development, you can build a platform that capitalizes on blockchain’s transformative potential while delivering value to your network.
So, if you’re ready to ride the crypto wave, start building your platform today and position yourself at the forefront of this exciting revolution in digital marketing and finance burgeoning sector.
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starseedfxofficial · 17 days ago
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BTC/EUR Medium-Term Trading: Strategies for Success Bitcoin vs. Euro: Mastering Medium-Term Trading Strategies Let’s face it: the crypto world often feels like a wild west saloon—chaotic, unpredictable, and full of opportunities if you know where to look. But when it comes to trading the Bitcoin-Euro (BTC/EUR) pair, adding a medium-term perspective can transform your trading approach from short-term frenzy to strategic precision. Ready to dive in? Why BTC/EUR is the Perfect Pair for Medium-Term Trading Bitcoin isn’t just a digital asset; it’s the poster child for volatility. When paired with the Euro, a relatively stable fiat currency, this duo offers a unique playground for traders. Here’s why medium-term strategies thrive with BTC/EUR: 1. Volatility Meets Predictability - While Bitcoin is known for its dramatic price swings, the Euro acts as a stabilizer, offering opportunities to capitalize on patterns. - Pro Tip: Use historical data to identify recurring price cycles that align with medium-term strategies. 2. Ideal for Swing Traders - BTC/EUR’s price movements over days or weeks provide swing traders with ample opportunities. - Example: Spotting a reversal near a Fibonacci retracement level can yield substantial returns without daily micromanagement. 3. Geopolitical Influence - The Eurozone’s economic events and Bitcoin’s correlation with global risk appetite make this pair a barometer for macro trends. - Pro Tip: Track European Central Bank policies and crypto regulations to anticipate medium-term moves. Medium-Term Tactics: Turning BTC/EUR Volatility into Profit Medium-term trading isn’t about watching the charts every second—it’s about strategic patience. Here are the top tactics to master BTC/EUR: 1. Trend Riding with Moving Averages - Combine the 50-day and 200-day moving averages to identify medium-term trends. - Strategy: Buy when the 50-day crosses above the 200-day (golden cross) and sell during a death cross. 2. Using RSI to Time Entries - The Relative Strength Index (RSI) is your friend for spotting overbought and oversold conditions. - Pro Tip: Enter long positions when RSI dips below 30 in a medium-term uptrend. 3. Fibonacci Retracements for Reversals - BTC/EUR often respects Fibonacci levels during corrections. - Example: Place buy orders at the 38.2% retracement level during an uptrend. Avoiding Pitfalls: What Medium-Term BTC/EUR Traders Must Know Even the savviest traders stumble when trading BTC/EUR. Here’s how to dodge common mistakes: 1. Ignoring Crypto-Specific Risks - Bitcoin’s susceptibility to regulatory changes and market sentiment can lead to sudden price shocks. - Fix: Always set stop losses and monitor news related to Bitcoin and crypto regulations. 2. Overtrading the Medium-Term - Mistake: Checking charts every hour defeats the purpose of medium-term strategies. - Fix: Review your positions once or twice daily and trust your plan. 3. Neglecting Fiat Currency Factors - The Euro’s role in BTC/EUR can’t be ignored. Economic data like inflation or GDP growth impacts its value. - Fix: Combine crypto analysis with fundamental Euro insights for a holistic view. Case Study: Winning with BTC/EUR in the Medium-Term Scenario - Bitcoin’s price consolidates after a sharp rally, while Eurozone inflation data signals economic instability. Strategy - Use Fibonacci retracement to identify support levels. - Enter long positions at the 50% retracement level. - Ride the trend for three weeks, monitoring RSI for overbought conditions. Outcome - The medium-term strategy yields a 12% portfolio gain with minimal day-to-day intervention. Key Tools for BTC/EUR Medium-Term Success - TradingView Alerts: Set notifications for key price levels and technical indicators. - Economic Calendars: Track Eurozone events and global crypto news. - Portfolio Diversification: Combine BTC/EUR with other pairs for risk management. Trading BTC/EUR over the medium term offers a perfect balance between risk and reward. By leveraging volatility, using strategic tools like RSI and Fibonacci, and avoiding common pitfalls, you can turn this unique pair into a reliable profit generator. Actionable Takeaways: - Combine moving averages and Fibonacci levels for trend and reversal strategies. - Use RSI to refine entry and exit points during medium-term trades. - Stay informed about Bitcoin regulations and Eurozone economics. Ready to take your BTC/EUR trading to the next level? Let these medium-term strategies guide your journey to consistent profits. —————– Image Credits: Cover image at the top is AI-generated Read the full article
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coinlango12 · 21 days ago
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The Truth About Bitcoin Mining: Is It Worth It?
The term bitcoin mining has been a globe in cryptocurrency for at least a decade. Nevertheless, Bitcoin became the first cryptocurrency that created the basis for the decentralised economy. In contrast, mining is as rewarding in terms of returns as it is considered to be risky. If you want to know its viability and profitability, the following materials will describe the aspects of Bitcoin mining and its correlation with the rest of the cryptocurrency market. 
What is Bitcoin Mining? 
The term "mineralisation" describes the process of participating in an algorithmic computation of complex mathematical problems in an agenda that verifies the validity of transactions in a more transparent yet secure blockchain software system. Such issues are solved by miners who include the following blocks of the transaction in the blockchain; they are awarded with Bitcoin. 
Sources of Profit and Loss Affecting Firm Profitability 
1. Cryptocurrency Prices 
Bitcoin mining profitability is, therefore, closely linked with the price factors in the Bitcoin digital currency. If the bitcoin is highly priced, it becomes even more appealing for the currency to be dug up. Monitoring crypto live prices and the live top crypto charts helps the miners make the necessary decisions concerning the market. Sites like the crypto coin market and cryptocurrency exchange services offer dynamic info to assist miners. 
2. Equipment and Energy Costs 
Mining takes a bit of specific hardware, known as ASICs (Application Specific Integrated Circuits), which can be costly. Also, Bitcoin mining requires electricity heavily, and any hike in price negatively impacts profits. The investment amount must match the output, so miners must be careful about the type of rocks to choose. 
3. Competition and Difficulty 
As more miners join the network, mining becomes more challenging for them. Increased rivalry in the reward section is implied by the restricted creation of Bitcoin and its increasing difficulty. This is more of a glorified list, but it might still be helpful because software and blockchain services are available that increase mining efficiency.  
Is Bitcoin Mining Worth It? 
Yes, If... 
1. You have a cheap power supply and technical hardware. 
2. You monitor and wait for the list of cryptocurrencies and the crypto market chart to plan. 
3. You keep your earnings in a secure crypto exchange so that you can manage this type of income efficiently. 
No, If... 
1. The costs of energy in your location are high. 
2. You require more capital, experience and rights to the appropriate equipment for your mining business. 
3. This is just perfect for you; you don’t know that crypto markets can be highly unpredictable. 
Alternative Approaches 
For those who consider mining to be too uneconomical, there are other possibilities with cryptocurrency. Cryptocurrencies trading, purchasing coin tokens, and navigating between the most suitable trading platforms allow the chance to profit from cryptocurrencies without mining. 
The Future of Bitcoin Mining 
However, Bitcoin mining is still relevant within the community, although its feasibility could be better. Superimposing energy concerns in a world that continues to move towards blockchain applications, changes in mining’s future will be dictated by the evolution of blockchain software or renewable energy resources. 
Conclusion 
The reality is that Bitcoin mining can be profitable, but it depends on factors such as the resources you are starting with market knowledge, and appropriate flexibility. Analysing cryptocurrency live prices, utilising the best-suggested crypto services, and knowing current changes in blockchain technology are all to consider for maximum utilisation of this dynamic opportunity. 
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ranabayarea · 4 months ago
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New Post has been published on RANA Rajasthan Alliance of North America
New Post has been published on https://ranabayarea.org/what-is-a-crypto-wallet-a-beginners-guide/
What Is a Crypto Wallet? A Beginners Guide
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Content
Cryptocurrency inheritance and crypto wallets
Guide: Everything You Should Know to Invest in Crypto Safely
Types of Cryptocurrency Wallets
Can you receive crypto from multiple senders at once?
Additionally, there are fake hardware wallets in circulation that will steal your private keys, so always be careful where you purchase hardware wallets from. Crypto wallets are at the very foundation of blockchain technology, allowing you to conveniently manage and secure your digital assets without the need for a centralized third party. From buying, selling, and holding crypto, to exploring decentralized apps (dApps), crypto wallets are the primary way that individuals interact with the blockchain. A custodial wallet is one whose private keys are held and controlled not by the user but by the wallet provider, usually a https://www.xcritical.com/ centralized crypto exchange. Using a custodial wallet means forfeiting ownership of your funds to a centralized custodian.
Cryptocurrency inheritance and crypto wallets
Both Bitmart and Crypto.com have promised to reimburse users who lost their funds. As decentralized currencies, crypto is not and will likely never become banned in the U.S. Currently, the sale and purchase of cryptocurrency is legal how do crypto wallets make money in all 50 states. That being said, the government can – and does – regulate how virtual currencies are taxed and traded. By the time you’re finished with this guide, you’ll be a crypto-safety pro.
Guide: Everything You Should Know to Invest in Crypto Safely
Using a VPN (Virtual Private Network) while accessing your crypto wallet Blockchain provides encryption for your online activities. It masks your location and protects you from potential prying eyes on public networks. On the flip side, this means that users must be in charge of their own security with regard to the storage of passwords and seed phrases.
Types of Cryptocurrency Wallets
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This type of crypto wallet is the most user-friendly but also the least secure. If you plan on swapping crypto and/or interacting with decentralized finance applications frequently, a software wallet may be your best option. Within these types of wallets, desktop and mobile wallet applications offer the best security. Hardware wallets are like paper wallets in that they allow their owners to safely store their private keys offline. With a traditional bank, users receive bank accounts with account numbers.
Either it will generate you an account to start, or you will be able to generate a new account yourself. When you send cryptocurrency, your wallet uses the private key to sign the transaction, proving that you own the funds you want to send. This signature is then verified on the blockchain, and the transaction is processed.
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It is essential to ensure that the public address is accurate, as transactions on most blockchains are irreversible. Bitcoin wallets and other crypto wallets are based on public-key cryptography. The essential elements of a wallet are a public key, a private key, and an address. When you want to send some of your digital assets (coins, tokens, NFTs, etc.), you digitally sign the data using ECDSA with your private key and encrypt it before it’s sent to the receiver.
Get your wallet’s public address (often displayed as a QR code) and give it to the sender, such as your personal crypto exchange account, to receive funds. When you first launch the wallet software, you’ll usually have the option to create a new wallet or import an existing one. If setting up a new wallet, follow the on-screen instructions to generate a new wallet address and private key. If you already have a wallet, select the import option and provide the necessary details, like the recovery phrase or private key. If you don’t own your private keys, you’re entrusting a third party with your assets. To address this problem, many web wallets now allow you to manage your keys completely or through shared control as multi-signature wallets.
In fact, most cryptocurrency owners use multiple wallets to ensure maximum security for storing their various cryptocurrencies. Now, to enhance security, you can opt for a cold wallet, which is like a digital vault. It’s offline, not connected to the internet, making it resilient to hackers. To safeguard your assets, you transfer them from your hot wallet to your cold wallet. In addition to hot and cold wallets, it’s essential to understand the difference between custodial and non-custodial wallets.
While non-custodial wallets (a.k.a. self-custody wallets) grant users full control over their private keys, centralized exchanges hold custody of users’ funds. This disparity in control has significant implications for security and access, as users rely on exchanges to safeguard their assets. Both crypto exchanges and crypto wallets play crucial roles in the world of cryptocurrencies. Exchanges enable users to buy, sell, and trade digital assets, while wallets provide a secure storage solution for managing these assets. As the name implies, desktop wallets are software applications that users download and run locally on their computers. Unlike some web-based versions, desktop wallets provide complete control over keys and funds.
It is called a wallet because it is used similarly to a wallet you put cash and cards in. Instead of holding these physical items, it stores the passkeys you use to sign for your cryptocurrency transactions and provides the interface that lets you access your crypto. It is very similar to the process of sending or receiving money through PayPal or any other gateway used today, but you use cryptocurrency instead. Examples of blockchain wallets include Electrum, Blockchain.info, Jaxx, Mycelium, Samurai, and Bitcoin paper wallet. There are many more based on the needs you have and the security you require. Generally, investors perceive hardware wallets as the proven instrument for safeguarding their digital assets.
In 2010, Bitcoin’s first real-world transaction took place when 10,000 BTC were exchanged for two pizzas, giving it its first true valuation. Trust Wallet lets you manage and interact with 10M+ crypto assets across 100+ blockchains. With Trust Wallet, you can confidently store, manage, and interact with your cryptocurrencies while enjoying built-in tools like token swaps and staking. The added layer of protection from the Trust Wallet Security Scanner ensures that you can make informed decisions about your transactions.
Popular hardware wallets that can store the keys to many different digital assets include Ledger and Trezor devices. Just like with hot wallets, if you only need to manage bitcoin, it is recommended to use a bitcoin-only device like a Passport or a Bitkey. This isolation from online networks enhances the security of the private keys and protects them from potential online threats, such as hacking or malware attacks.
If you use a less common operating system on your phone or laptop, this is an important feature to check before making your choice.
A bad actor may send you an email and bait you into downloading a file and running it on your device.
Centralized exchanges, such as Binance or Coinbase, operate as intermediaries, matching buyers and sellers while holding custody of users’ funds.
Cryptocurrency goes through probate like other assets before going to beneficiaries.
We want our readers to share their views and exchange ideas and facts in a safe space.
If you purchased a hardware wallet, you will need to follow the manufacturer’s instructions to set it up.
Many crypto wallets, typically software wallets, are designed for a single network. While they use an HD structure, allowing you to generate multiple accounts (each with its own blockchain address), they will all be separate accounts on the same network. Once the transaction is signed, it’s safe to transfer to an internet-connected device, which your hardware wallet will usually do via a USB cable.
As users gain experience using cryptocurrencies and seek greater control over their assets, transitioning to self-custody wallets becomes increasingly appealing. When you are starting off on your Web3 journey, one of the first steps you’ll take will be installing a crypto wallet. Wallets are an essential piece of software, enabling you to store and interact with your cryptocurrencies. In this technical tutorial, we will explore different types of crypto wallets and learn how to build our own.
With hot wallets, private keys are stored in the cloud for faster transfer. With cold wallets, private keys are stored in separate hardware that is not connected to the internet or the cloud, or they are stored on a paper document. Hot wallets are easy to access online 24/7 and can be accessed via a desktop or mobile device, but there is the risk of unrecoverable theft if hacked. With cold wallets, the method of the transaction helps in protecting the wallet from unauthorized access (hacking and other online vulnerabilities). Hardware wallets, also referred to as cold wallets, can offer completely offline storage for your keys. You can find hardware wallets similar to a USB device in terms of design.
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zakjasper · 28 days ago
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How to Create Your Own Cryptocurrency Exchange Software?
Digital assets have become popular and widely accepted in recent years. Whether they are inside or outside the financial or IT sector, more and more people are getting involved in this topic. In certain digital places around the world, the largest coins such as BTC, LTC and ETH have been used, as well as fiat coins. All transfers can be made through the online wallet.
What does Exchanging Cryptocurrencies Mean?
A cryptocurrency exchange is a mechanism of exchanging virtual currencies for other resources such as various digital assets or banknotes. It has become widely used now, and several companies/contractors conduct cryptographic transactions.
A registered consumer can buy, sell and monitor digital funds and store their crypto assets on a cryptocurrency exchange platform website. Their protection and payment services are the top priority of the website, but an advanced consumer can also consider the exchange rate.
A smooth marketplace that links cryptocurrency buyers and sellers using fiat dollars is the end product you will create. As your service goes, trading can vary. Some cryptocurrency exchanges simply trade at the current market price. Others are somewhat open about the state of trading within the exchange through their order book. They offer users great exchange software: some advanced features like setting the fixed price for their orders. As someone who wants to develop a cryptocurrency exchange development platform and exchange software, you should decide how many tools and options you want to provide.
Available variants
There are six different kinds of exchanges available in the bitcoin exchange market since each kind of trading platform has a unique development cost. Take a look at them:
Centralized
Decentralized
Hybrid
Order book
Peer to peer
Ad-based
A centralized crypto exchange involves an intermediary that oversees the purchase and sale of digital assets. At the same time, decentralized exchanges carry out transfers without third-party interference. Cross-breed exchanges, on the other hand, are a combination of both.
The order book is the listing of all the open orders that are currently being traded for a particular exchange pair. An open order is basically another crypto process where the cryptocurrencies are bought or sold from a resource at a specific price. Peer-to-peer cryptocurrency exchanges provide an anonymous way to buy and sell cryptocurrencies with a wide range of payment solutions.
Learn about how these exchanges work and choose the ideal type of exchange that suits your business interests. Also, starting your own crypto exchange platform is the best choice. In this sense, there are two types:
Ready-made cryptocurrency trading platforms or white label exchanges.
Cryptocurrency exchange development from scratch.
One of the first things you need to determine is to find the best company that will help you develop the best cryptocurrency exchange software at an affordable price.
Choosing a white label cryptocurrency exchange platform is a great choice as it is a flexible modification service that you can buy and customize according to your plans. You can customize the options and offer the best solution to the customers in the best possible way. You can design your cutting edge functionalities and customize the options on your website. Nonetheless, the ideal opportunity for cryptocurrency exchange development usually takes around four to six months to create, depending on your new necessities and advanced functionalities. So, know which one will move you with. In case you have any critical needs, it is wiser to buy a white label cryptocurrency exchange software.
Building a website: Key aspects to consider
Building a cryptocurrency is not an easy task, but follow the steps below to build a profitable platform.
Target Audience
Consider the scope of the technology review. You may only be responsible for your region, but if you decide to globalize your business from the start, it's a very different situation.
Depending on where you want to present your trading platform, you will need to take care of all the relevant international licenses and permits. In any case, you will need the help of a foreign trade lawyer.
Choosing a trustworthy financial system
To convert fiat currency payments to cryptocurrencies, you will need a payment processing partner such as a bank. Pay attention to banks' settlement cycles so that you do not find yourself in an ambiguous situation.
You will need to partner with a bank or payment provider to integrate them with your exchange software. This will allow you to process payments in fiat currency. Choosing a trusted bank with a variety of online facilities is a good choice for both an exchange website and a trading platform. This is especially important in developing countries and underdeveloped economies where most banks do not have the ability to make instant banking transactions online. Transactions can take up to two days to clear. Partnering with a bank that processes money transactions quickly will be very convenient for your customers. Adding and withdrawing fiat funds in your exchange software can be automated through a payment gateway or even done through manual transfer.
Be alert to the program
Today's technology market is perfectly ready for an adventurous company to launch a digital currency trading startup. It will also provide you with a technical start-up package. On websites like BTC Trader, you can get ready-made exchange solutions.
Do not neglect creating an additional smartphone app separate from the web exchange approach as it will drastically increase the earnings. However, it is a smart decision to use the personalized app builder to build a comfortable, brand new exchange facility.
Liquidity Management
To be a promising candidate, you need to make sure that you have a large pool of cryptocurrencies so that assets can be easily exchanged without any radical price change.
There are a few good ways to go about this. One of them is to integrate your exchange's liquidity position with other exchanges via API calls - being part of the exchange network and sharing data on liquidity and trading volume is a proven way to increase liquidity position.
Replacement Processor
Without this central component, the entire system cannot function. An exchange system should have unhindered access to trading volume, balance both buy and sell orders, and process transactions.
Homepage
For fast and smooth trading and transaction processes, your user interface should be fully optimized. The goal is to provide your customers with a simple and easy-to-use environment to verify all major currency changes, transfer cryptocurrencies and make all transactions as easy as possible.
Trust in Wallets
The digital wallet for your digital currencies on your website should allow you to launch and convert your digital currencies into fiat currencies very easily and efficiently, but securely.
Administration Board
An effective dashboard can help the administrator to conduct trading, check processes, generate funds and help the consumer with security and diligence.
Guarantee the required safety standard
Internet money is a sign of stability and safety. Remember to stick to this theory as almost half of all blockchain companies are said to have been shut down due to hacker attacks.
Cybersecurity: What you should consider in advance
Exchange platform operators must guarantee the security of their users' funds. Any cryptocurrency website or white label cryptocurrency exchange can be attacked by hackers: coins can be stolen more easily than dollars or euros, as the latter can be traced to return them. Cryptocurrencies are easier to "merge" and maintain a certain level of anonymity.
Every exchange needs a strong exchange software and security system to ensure that all funds remain safe. This should also apply to your customers' private data, which includes their KYC details and bank account information. There have been incidents of security breaches at various exchanges such as the infamous Mt. Gox breach where the security flaw went unnoticed for years and resulted in almost 1% of all Bitcoins in circulation at the time being stolen.
Exchanges and the way they can be compromised
Humans are the weakest link in any system. The exchange can be compromised by taking advantage of human error, even if it is technically secure. After compromising the owner's computer, hackers can steal a fairly large sum of money. No one is safe from social engineering. Completely secure systems do not exist. Some risks always remain.
How can the Exchange platform be protected?
There is no one-size-fits-all solution to protecting yourself from hackers. The first step you can take is to deploy reliable exchange software and configure the security architecture so that it is difficult for hackers to get to the assets. The quality of the code guarantees the platform's security. If it is written by people who have little idea of ​​how to steal cryptocurrencies, it is very likely that one day there will be nothing left of the exchange platform.
Blockchain technology has become a popular method for securing financial systems, not only in areas involving cryptocurrencies but also in traditional banking.
Conclusion
Now you have a clear idea of ​​how much it costs to develop your own cryptocurrency exchange platform. This is the general layout of the internal structure that you will need to put together in the course of developing your cryptocurrency exchange software development. Each element of such a project is associated with many specifics that we will try to cover in further posts on this topic.
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kavymagi · 29 days ago
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Comprehensive Guide to Cryptocurrency Exchange Development
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Cryptocurrency exchange development is pivotal in shaping the future of digital finance. As cryptocurrencies grow in popularity, these platforms empower users to trade and invest in digital assets. Whether you're an entrepreneur launching an exchange or an investor seeking insights, this guide offers a roadmap to navigate the complexities.
Understanding Cryptocurrency Exchanges
A cryptocurrency exchange is an online platform enabling the buying, selling, and trading of digital currencies. These exchanges connect buyers and sellers, ensuring smooth and secure transactions.
The Evolution of Cryptocurrencies
Since Bitcoin's inception in 2009, the cryptocurrency market has expanded significantly. With thousands of altcoins available, these assets offer decentralized, secure, and borderless solutions for global financial needs.
Types of Cryptocurrency Exchanges
Centralized Exchanges (CEXs): User-friendly platforms with high liquidity, ideal for beginners. Examples include Binance and Coinbase.
Decentralized Exchanges (DEXs): Operate on blockchain technology, allowing peer-to-peer trading. Example: Uniswap.
Hybrid Exchanges: Blend features of CEXs and DEXs, offering flexibility with centralized liquidity.
Brokerage Exchanges: Sell cryptocurrencies at fixed prices, ensuring convenience.
P2P Exchanges: Enable direct trading between users with flexible payment methods.
Key Steps in Cryptocurrency Exchange Development
Market Research: Identify target audiences, analyze competitors, and ensure compliance with regulations.
Technology Stack: Use secure, scalable, and efficient technologies.
User Interface (UI): Develop intuitive and responsive designs.
Security Measures: Incorporate features like two-factor authentication, encryption, and cold wallet storage.
Liquidity Management: Engage market makers and ensure seamless trading.
Wallet Integration: Allow secure storage, sending, and receiving of digital assets.
Payment Gateway: Facilitate fiat-to-crypto transactions for broader access.
Strategic Launch: Utilize marketing and user acquisition strategies to boost visibility.
Essential Features
Efficient Trading Engine: Matches buy and sell orders in real-time.
Advanced Security: Includes encryption and multi-factor authentication.
Scalability: Handles high transaction volumes efficiently.
Real-Time Market Data: Keeps traders informed of price fluctuations.
API Integration: Supports third-party tools and applications.
Mobile Compatibility: Offers a seamless trading experience on smartphones.
Security Protocols
Multi-Factor Authentication: Adds additional layers of security.
Cold Storage: Secures the majority of funds offline.
Encryption: Safeguards sensitive user data.
Regular Audits: Identifies and resolves vulnerabilities proactively.
DDoS Protection: Prevents service interruptions caused by malicious traffic.
Tips to Attract Users
Offer competitive trading fees.
Run promotional campaigns or airdrops.
Expand cryptocurrency listings.
Partner with industry influencers for credibility.
Regularly update features to enhance user experience.
FAQs
Q: Why are cryptocurrency exchanges essential?A: They enable trading, improve liquidity, and make cryptocurrencies accessible.
Q: Are DEXs safer than CEXs?A: DEXs offer better control but may lack the liquidity of CEXs.
Q: How to ensure exchange security?A: Implement strong authentication, regular audits, and encryption.
Conclusion
Cryptocurrency exchange development requires meticulous planning, state-of-the-art security measures, and compliance with legal standards. By prioritizing user satisfaction, innovation, and robust operations, you can build a thriving exchange that stands out in the competitive digital financial landscape. Use this guide to embark on a successful development journey.
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dwcrypto · 1 month ago
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How to Identify the Best Crypto Exchange for Your Needs
Choosing the right cryptocurrency exchange is crucial for successful trading and investing. With so many platforms available, each offering unique features, it can be overwhelming to make the right choice. Here's a step-by-step guide to help you identify the best crypto exchange for your needs.
1. Understand Your Trading Goals
Before diving into specific exchanges, clarify your goals:
Are you a beginner? Look for user-friendly platforms.
Do you want advanced trading tools? Focus on exchanges with features like margin trading and futures.
Are you focused on specific cryptocurrencies? Ensure the exchange supports your desired assets.
Do you need fiat-to-crypto trading? Some platforms make it easy to deposit and withdraw local currency.
Understanding your priorities will narrow down the list of potential exchanges.
2. Check the Exchange's Reputation
Not all exchanges are created equal. Research the platform's reputation:
User Reviews: Read reviews on forums, social media, and independent sites.
Regulatory Compliance: Choose exchanges that comply with local laws and regulations.
Longevity: Platforms with a long history are often more reliable.
Pro Tip: Use trusted platforms like GCB Crypto Platform, known for its reliability and excellent features.
3. Assess Security Measures
Security should be a top priority when selecting an exchange. Look for:
Two-Factor Authentication (2FA): Adds an extra layer of security to your account.
Cold Wallet Storage: Ensures the majority of funds are stored offline to prevent hacking.
Insurance Fund: Covers user losses in case of a breach.
Regulatory Audits: Platforms like GCB adhere to strict security standards.
4. Evaluate Fees and Costs
Fees can significantly impact your trading profitability. Consider:
Trading Fees: These can be a fixed percentage or based on trading volume.
Deposit and Withdrawal Fees: Some platforms charge for transferring funds.
Hidden Fees: Check for additional costs like network fees or inactivity charges.
GCB Crypto Platform offers competitive fees and clear pricing, making it an excellent choice for cost-conscious traders.
5. Review Available Features
The best exchange should offer features that match your needs:
Spot Trading: For straightforward buying and selling.
Advanced Tools: Access to charting, margin trading, and order types.
Mobile App: Trade on the go with a user-friendly app.
Staking and Rewards: Earn passive income on your crypto holdings.
6. Consider Liquidity
Liquidity ensures you can quickly buy or sell assets without significant price changes. High liquidity is essential for active traders.
Check trading volume and order book depth.
Use exchanges with a global user base, like GCB, for better liquidity.
7. Look at Supported Cryptocurrencies
Ensure the platform supports the coins and tokens you plan to trade.
Popular coins like Bitcoin (BTC) and Ethereum (ETH) are usually available everywhere.
Check for smaller altcoins or DeFi tokens if you're interested in niche markets.
8. Test the User Interface
A cluttered or confusing interface can hinder your trading experience.
Opt for platforms with intuitive dashboards and clear navigation.
Beginner-friendly exchanges like GCB Crypto Platform provide an easy-to-use interface without compromising on features.
9. Verify Payment Options
Payment flexibility is essential for seamless transactions. Check:
Fiat Deposits: Does the exchange support bank transfers, credit cards, or PayPal?
Withdrawal Methods: Are the withdrawal options fast and affordable?
Crypto-to-Crypto Trading: Ensure smooth asset conversion.
10. Evaluate Customer Support
Good customer support can save you time and stress. Look for:
24/7 Support: Ensure help is available whenever you need it.
Live Chat: A responsive live chat feature can resolve issues quickly.
Knowledge Base: Access FAQs and tutorials for self-help.
GCB Crypto Platform offers excellent customer service to guide users at every step.
11. Regulatory Compliance and Location
Some exchanges restrict users based on location. Confirm:
Whether the platform operates legally in your country.
If it complies with local regulations for secure transactions.
12. Test the Platform with a Small Deposit
Before committing large amounts, test the exchange:
Make a small deposit.
Execute a few trades.
Withdraw your funds to evaluate the process.
Why GCB Crypto Platform Is the Best Choice
GCB Crypto Platform stands out for its:
Intuitive interface perfect for beginners and professionals.
Robust security features like 2FA and cold wallet storage.
Competitive fees and high liquidity for smooth trading.
Wide range of supported cryptocurrencies.
Excellent customer support and educational resources.
Conclusion
Finding the best crypto exchange depends on your goals, experience, and preferences. By considering factors like security, fees, liquidity, and features, you can make an informed decision. Platforms like GCB Crypto Platform simplify the process, providing everything you need for safe and efficient trading.
Start exploring GCB today and elevate your crypto journey!
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