#crypto currency you plan to trade

[gallusrostromegalus]

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.

[mariacallous]

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.

[samueldays]

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.

---

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.

---

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.

---

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.

---

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.

---

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.

---

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. :-)

[diarrheaworldstarhiphop]

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)

[funexcoin]

A Revolutionary Digital Currency- Funex coin

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.

[zakjasper]

How to Set Up a Cryptocurrency Exchange

A cryptocurrency exchange is a platform that allows users to buy/sell different tokens. It is like a stock exchange, but instead of stocks you buy or sell cryptocurrencies. In this article, we want to tell you how to create and open a cryptocurrency exchange in Europe.

Types of Cryptocurrency Exchanges

The first step to start to create crypto exchange is to choose the type of trading platform you plan to create. This is important because the choice of platform depends on the cryptocurrency trading mechanism, how they are stored, liquidity management, the ability to trade fiat currencies, and other features of cryptocurrency trading.

Centralized exchanges (CEX)

The most common type of trading platforms, the main feature of which is the presence of a centralized operator responsible for security, updates and trading functions. The main advantage of centralized sites is fast cryptocurrency trading and no liquidity problems. The main weakness is security, since centralized exchanges store user funds on their wallets, which, according to practice, are often hacked.

Possibility of earning money on CEX:

Spot trading: The user trades his funds on the platform. The owner of the cryptocurrency platform earns money through commissions.

Margin trading: Users have the opportunity to borrow money for trading. Usually, the loan can be x2 to x5 times the user's deposit. The platform owner earns money from bidding commissions, loan usage fees and liquidation of user funds.

Derivatives: Users can enter positions with leverage up to x100 or even higher. High risk brings high rewards, but statistics show that only 2% of users make money using this tool.

Decentralized Exchanges (DEX) 

Such platforms bring together sellers and buyers of cryptocurrencies, enabling them to automatically exchange assets without a middleman verifying the transaction. Smart platform contracts based on open source software play the role of a guarantor of transactions. This mechanism allows saving on commissions (no need to pay middlemen) and increasing the level of security (the exchange has no access to users' funds and private keys). The advantage is that when setting up a decentralized exchange, users are responsible for their own finances.

Instant exchange services: These platforms are very easy to use and act like regular exchange points. All a user needs to do is open a trade order and it will be executed instantly. This is possible because these platforms act as brokers that provide access to liquidity to many exchanges. The increase in speed is an increase in the number of middlemen, which leads to higher fees and lower security.

Hybrid platforms can also be found on the market, which combine features of centralized and decentralized exchanges. For example, services can be run by third-party operators and provide traders with more control over their funds. Orders and trades on these cryptocurrency exchanges are encrypted, time-fixed, and stored on the blockchain, while order negotiation is performed on a third-party host outside the blockchain.

Core and advanced features

At the next stage, you need to decide what features should be implemented in your cryptocurrency exchange. Usually it is divided into the following modules:

Identity verification and validation: The path of a typical user to trade on a stock exchange begins with registration via email or social network and Google account. But usually registration alone is not enough to start trading. For this, you need to undergo identification – verification. This review is done to ensure transparency of transactions and minimize the possibility of fraud, as verification is required by regulators.

The trading engine platform: It is responsible for the basic functions of the trading platform. For example, the trading engine checks the balance on the user's wallet to make sure he has enough funds to trade. It also compares trade orders and exchange rates in real time, executes trades, processes information about prices and commissions, creates charts, and much more.

User interface: Depending on the target audience, the user interface can be simple and intuitive, or relatively complex with many indicators, trading signals, customizable graphs and other tools for experienced traders. In any case, users should be able to place orders to buy and sell, view the current order book, past trades, balances, statistics, and more. It should also be possible to configure the functionality of the entire create cryptocurrency exchange to their own.

Admin panel of the exchange: Before creating your cryptocurrency exchange, you need to decide what kind of admin panel you want. Typically, it should have tools for tracking the current state of the exchange (traffic, volume, number of trades, commission income), traders, wallets, transactions, and content. In addition, tools for verifying users, modifying and deleting content, banning and deleting users, changing commissions, managing marketing and affiliate programs must be implemented.

Cryptocurrency wallets: If you are developing a centralized platform, you will need the functionality of an internal wallet. This is to provide faster access to funds, thus speeding up and simplifying the process, as well as ensuring liquidity on the exchange. In the case of decentralization and exchanges, there is usually no need to create an internal wallet.

You also need to consider how users will top up their wallets and withdraw funds from them to a card or your cryptocurrency account. 

Architecture, Technology Stack, and API

Exchange architecture: This concept generally refers to the structure of a platform, which helps to logically and visually define how all components of an exchange relate to and interact with each other: login screens, trading engines, user interfaces, security features, APIs, databases, and so on.

Technology stack: This is a set of development tools such as programming languages, libraries, frameworks, database management systems, compilers, APIs, and so on, used to create backend and frontend platforms.

Cryptocurrency exchanges should only be launched with custom designs, as only in this way can the proper quality and security of the software be ensured. Ready-made solutions (scripts) are available, but they are often created by amateurs and/or carry the risk of having many security holes in the code, intentionally or unintentionally. Considering the many breaches of cryptocurrency exchanges, the risk in this case is too great.

Cryptocurrency Exchange Development

Once you have chosen your developer, the process of creating a cryptocurrency exchange will be as follows:

Signing of a contract. You and the developer discuss the general concept of the cryptocurrency exchange and create a technical description of the project based on it. After that, you agree on the terms of the cooperation agreement, costs, KPIs, and communication channels and sign the cooperation agreement.

Platform Prototype. In the next phase, designers, business analysts, and/or clients create a design framework for the cryptocurrency exchange, which is then negotiated and agreed upon.

Create an interface design. Then, based on the framework, the designer develops a layout and/or prototype of the platform interface, showing how it will look to traders and administrators.

Straight to coding. After the design and technical description are created, it is handed over to the programmers who implement all of this in code. This is the responsibility of the front-end, back-end, blockchain, and mobile developers.

Product testing. Almost immediately after coding begins, QA engineers take over the case, they check for bugs in the fresh code, and so on until the software is written.

Deployment and support. Once the cryptocurrency exchange software is ready, a marketing company is launched to attract traders. The website is entered into business listings and social networks.

It is worth paying attention to providing liquidity and portfolio. In the initial stages, registered users will see an empty trading glass, which significantly slows down the progress of the project. Therefore, we propose to develop an additional robot marketer that can generate trading easy.

How to Start a Cryptocurrency Startup

Launching a cryptocurrency startup in today’s fintech world is a venture fraught with both the potential for significant growth and risks. Below is a detailed plan on how to launch a cryptocurrency startup that will help entrepreneurs avoid common pitfalls and increase their chances of success.

Step 1: Define the concept and target market

The first step is to identify the unique idea or solution your startup will offer. It is important to conduct a deep market analysis, understand the needs and problems of potential users, as well as research your competitors. Determine how your product or service will be different and what benefits it will provide.

Step 2: Write a business plan

Create a detailed business plan that includes your company mission, product description, market analysis, marketing strategy, financial projections, and product development plans. The business plan will serve as a guide for your team and will also serve as a document to attract investors.

Step 3: Build a team

Building a strong team is a key success factor for any startup. You will need experts in blockchain technology, programming, finance, marketing, and management. Find those who share your passion for the project and have the right skills and experience.

Step 4: Product Development

At this stage, you need to start developing your product or service. This may involve creating a prototype or minimum viable product (MVP) to help gather feedback from early users and ensure you are heading in the right direction.

Step 5: Legal formalization and regulation

The cryptocurrency market is heavily regulated in many countries, so it is crucial to ensure that your startup complies with all requirements and regulations. This may include registering your company, obtaining the necessary licenses and developing privacy and data security policies.

Step 6: Financing

Cryptocurrency startups need capital to launch and expand. Consider different sources of financing, including venture capital, crowdfunding, ICOs (initial coin offerings) or STOs (security token offerings). It is important to be clear about the terms of the offer you are willing to accept and how it will affect the long-term development of your startup.

Step 7: Marketing and Promotion

Develop a marketing strategy to attract users and investors. Use channels such as social media, content marketing, SEO, etc. to increase the visibility of your product. Building a community around your startup can play a key role in its success.

Step 8: Startup and Expansion

After developing your product and building a user base, it’s time to launch your startup. Follow the feedback from your users and keep improving your product. Gradually scale your business by expanding your market and launching new features.

Conclusion

Launching a cryptocurrency exchange development company startup requires careful planning, a deep understanding of the market and technology, and a willingness to overcome numerous challenges. However, with the right approach and perseverance, your startup can succeed and bring about significant change to the world of digital finance.

[coinmapai]

Principles of purchasing GLMR

When purchasing GLMR (Glimmer) coins, the following principles should be followed to ensure the rationality and security of investment:

Fully understand the background and prospects of the project

Project background: Understand the background of Moonbeam, the project to which GLMR coins belong, including its founder, team strength, technical characteristics, development history, etc.

Market prospects: Evaluate the market prospects of GLMR coins in cross-chain, DeFi, NFT and other fields, as well as its position and competitiveness in the Polkadot ecosystem.

Rationally analyze the market situation

Market sentiment: The cryptocurrency market fluctuates violently, and the enthusiasm in the bull market and the downturn in the bear market may have a significant impact on the price of GLMR coins. Therefore, it is necessary to pay close attention to the global macroeconomic situation, changes in policies and regulations, and market hot events, and gain insight into the direction of market sentiment.

Price trend: Analyze the historical price trend of GLMR coins, including its highest price, lowest price, current price and fluctuations, etc., to assist in judging its future price trend.

Carefully choose a trading platform

Platform qualifications: Choose a formal, legal and qualified digital currency trading platform to ensure transaction security. Transaction fees: Understand the transaction fee standards of the trading platform, including handling fees, withdrawal fees, etc., so as to plan funds reasonably.

Make an investment plan

Investment amount: According to your own risk tolerance and financial situation, formulate a reasonable investment amount to avoid over-investment. Diversified investment: Consider diversifying funds into multiple digital currency projects to reduce the risk of a single project.

Follow investment discipline

Long-term holding: For investors who are optimistic about the long-term prospects of GLMR coins, you can use fixed investment, batch purchase and other methods to diversify the entry timing risk, and patiently wait for the project to grow and market recognition to increase. Flexible operation: In the ever-changing crypto market, short-term market conditions are affected by many factors and may fluctuate greatly. Mastering basic analysis and technical analysis skills, combined with market signals to conduct moderate high-selling and low-buying, is expected to increase returns during the rise of GLMR coins.

Risk management

Set stop loss points: Rationally allocate assets and set stop loss points to ensure that you can still maintain financial health in extreme cases. Avoid blindly following the trend: Do not blindly follow the trend of investment, and avoid making irrational investment decisions due to market speculation.

In summary, when purchasing GLMR coins, one should fully understand the project background and prospects, rationally analyze the market situation, carefully choose the trading platform, formulate an investment plan, follow investment discipline, and strengthen risk management. These principles will help investors make wise investment decisions in the digital currency market.

How to buy GLMR

[sweetypagli]

How to Sell and Withdraw Pi Coins: A Complete Guide.

As Pi Network gains popularity, more users are exploring ways to convert their Pi coins into usable currencies like USD or USDT. While the Pi cryptocurrency isn’t fully tradable on mainstream exchanges yet, there are ways to prepare and stay informed so you can be ready to trade Pi coins once they become available on the open market. In this guide, we’ll cover essential steps on how to sell, withdraw, and convert your Pi coins, making it easy to understand your options on platforms like pitether.com.

What is Pi Network?

Pi Network is a digital currency project developed to make cryptocurrency mining accessible to everyday users. Unlike traditional cryptocurrencies like Bitcoin or Ethereum, Pi Network allows users to mine Pi coins directly from their mobile devices without consuming much energy. However, Pi is still in its testing phase, which means it isn’t fully tradable on major exchanges, though it holds potential for future use and exchange once it becomes publicly available.

How to Withdraw Pi Coins

Since Pi coins aren’t yet available on popular crypto exchanges, you may be wondering how you can withdraw or sell your mined Pi coins. Here’s a step-by-step guide to get you prepared for when Pi becomes available for trading:

Complete KYC Verification: Before you can withdraw your Pi coins, the Pi Network requires you to complete a KYC (Know Your Customer) verification process. This process confirms your identity and ensures that you’re a legitimate user. Make sure to submit all the necessary documents and wait for confirmation.

Check Pi Wallet Availability: After completing KYC verification, Pi Network provides an official wallet, called the Pi Wallet, where you can store your coins. Download the Pi Wallet app from Pi Network’s official website, create an account, and set up a secure PIN. You can then transfer your Pi coins from the mining app to this wallet.

Transfer to Pi Wallet: Once your Pi Wallet is set up, go to your Pi Network app, navigate to your account balance, and select the option to transfer your mined Pi coins into your Pi Wallet. Ensure that you’ve securely backed up your wallet’s private key as it is required for accessing your funds.

Await Network Update for Withdrawals: Pi Network is still in its testing phase, so currently, you can only withdraw Pi coins once they become publicly tradable on major exchanges. Pi Network plans to launch in an open market in the near future, where withdrawal and trading options will become more accessible.

How to Sell Pi Coins

If you’re looking to sell Pi coins, here are the key steps to prepare for selling once Pi becomes publicly available:

Monitor Pi Network’s Updates: Stay updated on Pi Network’s official announcements. Follow their social media channels and official website to be aware of any news regarding exchange listings or partnerships.

Use pitether.com for Trading Information: Websites like pitether.com will likely provide updates on trading options once Pi coins are accessible for public trading. Keep an eye on such platforms for guidance on exchange listings, trading processes, and withdrawal options.

Consider Peer-to-Peer (P2P) Platforms: Some users may explore peer-to-peer trading options on platforms that allow private transactions between individuals. This option may involve higher risks and lacks the security of regulated exchanges, so always use caution and ensure you’re transacting with reputable parties.

Choose a Trusted Exchange: Once Pi is listed on exchanges, select a reliable cryptocurrency exchange that supports Pi coin trading. Top exchanges usually offer a range of features, including security, easy withdrawals, and high liquidity. Some popular options include Binance, Coinbase, and KuCoin, though you’ll need to verify if they support Pi at the time of its official launch.

How to Convert Pi Coins to USD or USDT

Once Pi Network officially launches and Pi coins become available on exchanges, converting them to fiat currencies like USD or stablecoins like USDT will become much easier. Here’s what you’ll need to do:

Select an Exchange with USD or USDT Pairs: Check if your chosen exchange offers trading pairs like PI/USD or PI/USDT. If they do, you’ll be able to directly convert your Pi coins into USD or USDT. This step is essential for ensuring smooth transactions.

Complete KYC Verification on the Exchange: Most exchanges require KYC verification before you can trade or withdraw large sums. Complete this verification to unlock full trading functionality.

Place a Sell Order: On the exchange, navigate to the trading section, select Pi from the list of cryptocurrencies, and place a sell order. You can either use a market order (selling at the current price) or a limit order (selling at a specified price). Once the order is fulfilled, you’ll receive USD or USDT in your account.

Withdraw to Your Bank or Wallet: After selling Pi for USD or USDT, you can withdraw your funds to a bank account (for USD) or a digital wallet (for USDT). Always verify your withdrawal address and check for any transaction fees.

Is Pi Network a Good Investment?

As with any cryptocurrency, Pi Network carries a degree of risk, especially as it is still in its testing phase. However, it also has potential due to its large user base and innovative approach to mobile mining. Keep in mind that the value of Pi may vary based on demand, network updates, and how the cryptocurrency market views Pi’s long-term viability.

Conclusion

While it may still be a waiting game to withdraw, sell, or convert Pi coins, following the above steps can ensure you’re ready once Pi Network goes live on public exchanges. Complete your KYC verification, stay updated with Pi Network news, and keep an eye on websites like pitether.com for trading options and conversion guides. With careful preparation, you’ll be in a good position to manage your Pi coins effectively as the project matures.

[oliverethanrobin]

How to Calculate the Cost of a White-Label Crypto Exchange Platform

In the cryptocurrency landscape, the demand for trading platforms is growing rapidly, driving businesses and entrepreneurs to seek efficient ways to launch their own exchanges. One popular method is to use a white-label crypto exchange platform, which allows for a customizable, ready-made solution. But how can you accurately calculate the cost of implementing such a platform? The answer depends on several crucial factors, ranging from features and security to compliance and maintenance.

Let’s break down the key elements that influence the cost of a white-label crypto exchange platform.

1. Core Features of the Platform

The cost of a white-label exchange platform largely depends on the features you require. Basic features include user accounts, trading engine, wallet integration, and customer support. However, more advanced functionalities such as futures trading, margin trading, or staking will increase the overall cost.

Basic Features: User registration, wallet integration, trading engine, and a simple user interface.

Advanced Features: Margin trading, liquidity management, automated KYC/AML compliance, staking, and advanced charting tools.

The more sophisticated the features, the higher the development cost.

2. Security and Safety Measures

Security is paramount in any cryptocurrency exchange. To protect user assets and information, you will need to incorporate robust security measures such as two-factor authentication (2FA), DDoS protection, encryption, and multi-signature wallets.

Basic Security Measures: SSL encryption, 2FA, password management, and secure wallets.

Advanced Security: Multi-signature transactions, advanced firewalls, cold storage for funds, anti-DDoS, and regular security audits.

Platforms with basic security will be cheaper to develop, but for those handling large volumes or sensitive data, advanced security solutions are necessary, adding to the cost.

3. Blockchain and Cryptocurrency Support

Different exchanges support different cryptocurrencies and blockchains. While basic exchanges might support major cryptos like Bitcoin, Ethereum, and USDT, others may support a broader range of tokens or even allow the trading of custom tokens.

Basic Crypto Support: Bitcoin, Ethereum, USDT.

Multi-Blockchain Support: Support for multiple currencies and tokens, including emerging altcoins or custom tokens.

Each additional blockchain integration adds complexity to the platform, increasing the development and integration costs.

4. Customization and Branding

One of the benefits of a white-label solution is the ability to customize the platform according to your business needs. Customization options can include design elements, user experience features, and specific functionalities tailored to your market.

Basic Customization: Logo and color scheme.

Advanced Customization: Tailored user interface (UI/UX), added functionalities, and specialized workflows.

Greater customization will demand more development resources, driving up the price.

5. Regulatory Compliance and Legal Requirements

In most countries, cryptocurrency exchanges must comply with legal regulations, especially regarding Anti-Money Laundering (AML) and Know Your Customer (KYC) protocols. Incorporating automated compliance tools into your white-label exchange will add to both the initial and ongoing costs.

Basic Compliance: Manual KYC/AML procedures.

Automated Compliance: Fully integrated KYC/AML solutions, transaction monitoring, and reporting tools.

Countries with strict cryptocurrency regulations will require more comprehensive compliance features, which can drive up the total cost.

6. Scalability and Performance

If you’re planning to scale your exchange to handle a large number of users and transactions, the platform will require robust infrastructure. Scalability features, including high-performance servers, load balancing, and cloud-based architecture, can significantly impact the total cost.

Basic Scalability: Supports a moderate number of users with limited features.

Advanced Scalability: Large-scale user base, real-time transaction processing, high-speed performance.

The larger and more scalable the exchange, the higher the infrastructure costs will be.

7. Ongoing Maintenance and Technical Support

A crucial part of any exchange’s long-term success is its maintenance and support services. The cost of these services depends on how much support you require, whether it's simple troubleshooting or continuous updates and upgrades.

Basic Support: Limited maintenance and updates.

Comprehensive Support: 24/7 technical assistance, regular updates, and compliance checks.

Ongoing maintenance ensures smooth platform operation and increases user trust but can also add significant ongoing costs.

8. Liquidity Integration

Liquidity is critical for the success of a crypto exchange. White-label solutions often come with built-in liquidity or allow integration with third-party liquidity providers. However, ensuring liquidity for various trading pairs can affect the cost, depending on the method chosen.

Basic Liquidity Solutions: Integrating existing liquidity providers.

Advanced Liquidity: Building a custom liquidity pool or ensuring deep liquidity for all trading pairs.

Higher liquidity ensures better user experience but will increase costs.

9. Time to Market

A white-label exchange can be launched much faster than a fully custom-built platform, but the time to market still affects the cost. If you need an expedited launch, development teams might charge extra for a faster turnaround.

Standard Delivery: Allows for more customization and testing but takes longer.

Fast-Track Development: Quicker launch but may involve higher costs due to accelerated development timelines.

10. Third-Party Integrations

If your exchange requires additional third-party integrations such as payment gateways, fiat-to-crypto conversion tools, or third-party APIs for real-time market data, these integrations will increase development complexity and cost.

Basic Integrations: Simple API for market data or payment processors.

Advanced Integrations: Multiple payment gateways, fiat support, or third-party market analytics.

Each integration requires customization and testing, influencing the final cost of the platform.

Conclusion: Calculating the Final Cost

To calculate the cost of developing a white-label crypto exchange platform, businesses must evaluate their specific needs, including the features they require, the level of security and compliance, and their scalability requirements. Each of these factors plays a significant role in determining the final price.

A basic white-label solution might start at a lower price point, but as businesses add more advanced features, customization, and regulatory tools, the cost will rise accordingly. By thoroughly assessing these factors, businesses can get a clearer idea of what budget to allocate for their white-label crypto exchange solution, ensuring they launch a platform that’s both functional and secure for users.

If you're looking to get started with cryptocurrency exchange platform development, consult a reputable cryptocurrency exchange software development company to get a more accurate estimate based on your unique business requirements.

[cryptoolivia]

A Beginner's Guide to Cryptocurrency Exchanges and Key Terms: Spot Trading, Leverage, Contracts, and Strategies Explained

What’s a cryptocurrency exchange, and why do we need it?

A cryptocurrency exchange is basically a platform where you can buy, sell, or trade cryptocurrencies like Bitcoin, Ethereum, and many others. Think of it as a marketplace for digital currencies. The need for these exchanges came about as more people got interested in trading crypto, and they offer a safe way to do so. These exchanges act as middlemen, connecting buyers and sellers, making sure the process is secure and smooth.

What’s the purpose of a cryptocurrency exchange, and how have they evolved?

Cryptocurrency exchanges make buying and selling digital assets easier and safer by providing security, liquidity, and various trading tools. Over time, exchanges have grown from simple trading platforms into more advanced systems that also offer things like derivatives, staking, and even decentralized trading options. Today, you’ll find two main types of exchanges: centralized (CEX) and decentralized (DEX).

What is spot trading?

Spot trading is the most basic way of trading crypto. It’s when you buy or sell a cryptocurrency right away at the current market price. You get the asset instantly, and it's a good way for beginners to start.

What does leverage mean in crypto trading?

Leverage lets you borrow money to increase your trading position. For example, with 10x leverage, you can control a position that’s 10 times larger than what you actually have in your account. While this can boost profits, it can also increase your losses if the market moves against you.

What is contract trading?

Contract trading (or futures trading) is where you agree to buy or sell an asset at a specific price on a future date. Instead of actually owning the cryptocurrency, you're betting on whether its price will go up or down. This allows you to profit from both rising and falling markets.

What is a trading strategy?

A trading strategy is simply a game plan for deciding when to buy or sell an asset. Traders use different strategies based on technical analysis, market trends, or specific indicators like moving averages or Bollinger Bands to make informed decisions.

How do you understand a trading pair?

A trading pair shows you how two cryptocurrencies are valued against each other, like BTC/USDT. The first one is the crypto you’re trading, and the second one is the currency you're trading it against. So, if you're looking at BTC/USDT, it means you're trading Bitcoin against Tether (a stablecoin).

What does it mean to go long or short?

When you go long, you’re buying because you believe the price will rise. When you go short, you're selling with the expectation that the price will drop, and you plan to buy it back at a lower price to profit from the difference.

What are options in cryptocurrency?

Options are a type of financial contract that gives you the right to buy or sell an asset at a specific price before a certain date, but you’re not obligated to do so. Options let traders speculate on the price or hedge against other trades, all with limited risk.

What’s the difference between cross margin and isolated margin?

Cross margin means that the margin balance is shared across all your open positions. If one position starts to lose, the system will use funds from other positions to cover the loss. On the other hand, isolated margin keeps the margin separate for each position, so if one trade goes bad, only the funds allocated to that trade are at risk.

In conclusion, understanding these basic terms and concepts can help you navigate the crypto world more easily and make smarter trading decisions. Always start with the basics and stick to reputable exchanges to avoid unnecessary risks.

[noirbull-about-forex-and-crypto]

How to start trading forex: A To-Do List to Become a Confident Trader

If you’ve ever thought about trading but don’t know where to start, you’re not alone. Many people are curious about how to trade forex, crypto, or other assets but feel overwhelmed by all the information out there.

Don’t worry - getting started is simpler than you might think. In this guide, We’ll break down the process into easy-to-follow steps, from learning the basics of trading to building the confidence to make smart decisions in the market.

With the help of this tiny but powerful guide, you’ll have a solid plan for how to start trading, learn the essentials, and become a confident trader.

Understanding the Basics of Trading

Before diving into the world of forex or crypto, it’s important to understand what trading actually is. Whether you’re trading currencies or digital assets, the goal is the same: you buy something when the price is low and sell it when the price goes up. However, there are a few key concepts you need to understand first.

What Is Forex?

Forex (short for foreign exchange) is the market where currencies are traded. It’s the largest financial market in the world, with trillions of dollars exchanged daily. Traders buy one currency while selling another in the hopes that the value of the currency they bought will increase compared to the one they sold.

For example, if you think the Euro will increase in value compared to the US Dollar, you would buy Euros and sell Dollars. If the Euro does rise in value, you can sell your Euros and make a profit from the difference.

What Is Crypto?

Cryptocurrency (often referred to as crypto) is a digital or virtual form of currency that uses cryptography for security. Unlike traditional currencies like the US Dollar or Euro, crypto isn’t issued or controlled by a central bank. Instead, it operates on decentralized networks like blockchain technology. The most popular cryptocurrencies include Bitcoin and Ethereum.

Just like with forex, the goal in crypto trading is to buy low and sell high. But be aware - crypto is highly volatile, meaning prices can rise or fall dramatically in a short period.

How Does Trading Work?

In both forex and crypto markets, you’re trading assets with the aim of making a profit. In forex, you’re trading one currency for another. In crypto, you’re buying and selling digital coins. You can trade these assets through brokers (in forex) or exchanges (in crypto). The key is understanding what moves the market. Factors such as economic data, global events, and even social media can influence prices.

Steps to Start Forex Trading From Scratch

Now that you have a basic understanding of what forex trading is, how do you actually begin? Let’s go through the process step by step.

Choose a Reliable Broker

Before you can start trading forex, you’ll need to choose a broker. A broker is a platform that gives you access to the forex market. When selecting a broker, make sure they’re regulated, have good reviews, and offer a user-friendly platform. Some brokers also provide educational resources and demo accounts, which are extremely useful for beginners.

Look for a broker with low spreads (the difference between the buy and sell price), as this will reduce your trading costs. Also, ensure they offer a good customer support team, in case you run into any issues.

Be sure to check out how to choose a reliable forex broker before starting your trading journey!

Learn Forex Trading Step by Step

You wouldn’t jump into a car and start driving without lessons, right? The same goes for trading forex. Start by learning the fundamentals - understand how currency pairs work, learn about leverage (which allows you to control a large position with a smaller amount of money), and familiarize yourself with forex terminology like "pips" and "lots."

Many brokers offer free forex trading lessons for beginners, or you can find countless tutorials online. Take advantage of these resources, and don’t rush the learning process. The easiest way to learn forex is by breaking it down into smaller steps, so you’re not overwhelmed with information all at once.

Practice with a Demo Account

A demo account allows you to trade with virtual money, so you can practice without risking real capital. This is one of the best ways to learn how to trade forex and get comfortable with the platform. You’ll learn how to read charts, execute trades, and manage your risk - all without any financial consequences.

Start Trading with Small Amounts

Once you feel confident using a demo account, it’s time to start trading with real money - but start small. The forex market can be volatile, and it’s easy to get emotional when your hard-earned cash is on the line. By starting with small amounts, you’ll limit your risk while you continue to learn how to navigate the market.

Steps to Start Crypto Trading

Crypto trading has exploded in popularity over the last few years, with millions of people buying and selling digital assets like Bitcoin. But how do you get started in crypto trading? Here’s what you need to do:

Choose a Secure Crypto Exchange

Just as you need a broker to trade forex, you need an exchange to trade crypto. An exchange is a platform where you can buy and sell cryptocurrencies. There are many exchanges to choose from, but it’s important to pick one that is secure, easy to use, and supports the coins you want to trade. Examples of popular exchanges include Coinbase, Binance, and Kraken.

Understand the Market

Crypto markets can be even more volatile than forex. Prices are driven by a variety of factors, including news, regulation, technology developments, and even social media hype. Understanding what causes price fluctuations will help you make informed decisions.

One thing to note is that crypto operates 24/7, unlike the forex market, which is closed on weekends. This means that price movements can happen at any time, so it’s important to stay informed and use tools like stop-loss orders to protect yourself.

Start Small and Learn the Basics

As with forex, it’s crucial to start with a small investment when you’re learning how to start crypto trading from scratch. Crypto can be very volatile, so you should only invest what you can afford to lose. Focus on learning how the market works and understanding key concepts like blockchain, decentralized finance (DeFi), and altcoins.

Building Confidence as a Trader

Trading can be intimidating at first, but confidence comes with experience and knowledge. Here are a few tips to help you become a confident trader:

Use a Demo Account

Before putting real money on the line, practice with a demo account. This will give you hands-on experience with market conditions and trading tools. It’s one of the easiest ways to learn forex and crypto trading without any financial risk.

Stick to a Trading Plan

One of the biggest mistakes new traders make is trading based on emotion. To avoid this, create a clear trading plan that outlines your goals, risk tolerance, and strategy. Decide in advance how much you’re willing to risk on each trade and when you will enter and exit positions. By sticking to your plan, you’ll avoid making impulsive decisions based on short-term market movements.

Learn to Read Charts and Analyze Trends

Charts are essential tools for traders. Learning how to understand forex charts for beginners can be the difference between a successful trade and a bad one. Crypto charts can be tricky too, but once you understand key concepts like support and resistance levels, moving averages, and candlestick patterns, you’ll be better equipped to spot profitable opportunities.

Stay Informed and Keep Learning

The financial markets are constantly changing, so it’s important to stay updated on the latest news and trends. Subscribe to reliable news sources, follow expert traders, and keep learning new strategies. Whether it’s forex or crypto, markets evolve, and so should your approach to trading.

How Long Does It Take to Learn Forex or Crypto Trading?

One popular question we often hear is, "How long does it take to learn forex trading or crypto trading?" The truth is, there’s no fixed timeline. Some traders spend months or even years honing their skills, while others might feel confident after just a few weeks of practice. The best way to learn forex or crypto trading is to be consistent and patient. Don’t rush the process - take your time to understand how the markets work, practice with demo accounts, and start small when you trade with real money.

Final Thoughts

Learning how to trade forex, crypto, or any other asset doesn’t have to be complicated. It all starts with understanding the basics, choosing the right platforms, and practicing with a demo account before you risk any real money. Over time, as you gain more experience and stick to your trading plan, you’ll build the confidence needed to make smart, informed decisions in the market.

Remember, every expert trader was once a beginner. The key to success is staying disciplined, continuing to learn, and always managing your risk. Soon, you’ll be trading with confidence and navigating the markets like a pro!

Thank you, Noirbull

[investmentguide777]

The Crypto Platform Trusted by Investors for Life-Changing Wealth

TradeTide, the cryptocurrency platform trusted by investors around the world, is transforming how traders build life-changing wealth through its innovative AI-driven trading tools. Offering a streamlined, intelligent approach to crypto trading, TradeTide is designed to empower users with the insights and strategies needed to navigate the complexities of the ever-evolving cryptocurrency market. Whether you're new to digital currencies or an experienced investor, TradeTide is your ultimate partner in achieving financial success.

AI-Driven Trading for Maximum Returns

At the core of TradeTide’s platform is its cutting-edge AI technology, which helps traders make smarter decisions, faster. With the cryptocurrency market being known for its volatility, having access to real-time, data-driven insights is crucial for achieving success. By using AI-powered algorithms, TradeTide analyzes massive amounts of market data and trends, allowing users to capitalize on opportunities and avoid potential losses.

“Our platform uses advanced AI to level the playing field for traders,” said the CEO. “Whether you’re a seasoned investor or a complete beginner, our tools are designed to help you make informed decisions and grow your wealth with confidence.”

This AI-driven approach takes much of the guesswork out of trading, allowing users to focus on executing trades based on the most relevant market data. By minimizing risk and maximizing returns, TradeTide gives traders the edge they need in the fast-paced world of cryptocurrency.

Personalized Strategies Tailored to Every Investor

One of the most significant advantages of using TradeTide is its ability to tailor trading strategies to each individual investor. The platform’s AI doesn’t just provide generic advice; it learns from each user’s trading history, preferences, and risk tolerance to create a personalized approach that aligns with their unique financial goals.

“Every trader is different, and that’s why we’ve designed our platform to adapt to each user,” said the CEO. “Our AI customizes strategies based on a trader’s objectives, whether they are focused on short-term gains or long-term wealth building. It’s about giving users a plan that works for them, not just a one-size-fits-all approach.”

This personalized feature is what makes TradeTide stand out in an increasingly crowded market. By offering tailored strategies, the platform enables users to optimize their trading efforts and achieve results that are aligned with their individual financial aspirations.

Real-Time Insights and Data at Your Fingertips

In the fast-moving world of cryptocurrency, timing is everything. TradeTide provides users with access to real-time market data and insights, ensuring that they are always equipped with the most up-to-date information when making trading decisions. This real-time data is processed by TradeTide’s AI, which then generates actionable insights that users can implement immediately.

“With real-time data, our users can act quickly to capitalize on opportunities and mitigate risks,” added the CEO. “The speed at which you receive and act on market information can be the difference between success and missed opportunities in crypto trading.”

This feature is particularly beneficial for traders looking to capitalize on short-term market fluctuations, where every second counts. By providing instant access to critical data, TradeTide ensures that users are never left behind in the rapidly changing crypto landscape.

Built with Security and Transparency in Mind

Security is a top priority for TradeTide, especially when it comes to the digital assets of its users. The platform employs robust security measures, including encryption and multi-factor authentication, to safeguard both user data and funds. Traders can trade confidently knowing that their investments are protected by the latest security protocols.

In addition to security, TradeTide prides itself on being a transparent platform. Users have complete visibility into their trades, portfolio performance, and the strategies employed by the AI. This transparency ensures that there are no surprises, and traders have full control over their assets at all times.

“Our platform is designed to be as secure as it is transparent,” said the CEO. “We want our users to feel confident in both the safety of their investments and the integrity of the trading process. With TradeTide, they can.”

Success Stories: Real Investors, Real Results

Investors from around the world are experiencing the benefits of using TradeTide. From beginners just entering the market to seasoned traders looking for an edge, users are seeing life-changing returns on their investments.

One investor noted, “I started trading with TradeTide as a beginner, and I’ve already seen significant growth in my portfolio. The AI tools make it so easy to understand the market and make profitable trades.”

Another investor, who has been trading crypto for years, remarked, “The insights provided by TradeTide’s AI have taken my trading to the next level. I’ve been able to react faster to market changes, and my returns have improved dramatically.”

These testimonials highlight the effectiveness of TradeTide’s AI-driven tools in helping users achieve real financial success in the cryptocurrency market.

Ready to Build Life-Changing Wealth? Join TradeTide Now

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Take Control of Your Financial Journey

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Make Smarter Investments with TradeTide

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[nonfer]

looks great | 20:24.8 - 21:24.8

today on mobile you can download audio from tumblr.

(six bars seven times with two measures as an empty pad at 105bpm)

105bpm

made the drum a bit louder. listening to it i might start this track's keys and drums softer and gradually bring them up to match the synth. next would be adding snares and a lead before bringing in a bassline and starting the body of the song. maybe add a lead first.

funny how no one elected or appointed in america seems concerned with meeting their accepted responsibilities. learn to type?

apple.com/us/podcast/encore-the-bitcoin-bamboozle/id1616682405?i=1000671005162

don't know what you're talking about, often. tell me again? might be okay. don't think i pay attention. have some leftover fries to get to and am wondering if i should bother to reheat them or just make dip.

[made dip]

losing your transmission - YouTube

- https://www.youtube.com/watch?v=I_u7KftpnQQ&list=PLQoAox0-Y2p6f2CUf32zsCO9tnU2lYWkL&pp=gAQBiAQB

actually, i skipped the debate. did see a clip that left me with a question. governor walz was in the national guard for a long time. was that why he was in hong kong and china?

yeah, like i want to pretend to guess.

the massive de-decentralization of bitcoin is more or less concerning than its exorbitant energy cost per day of transactions that don't amount to the number of transactions a popular credit card processes in a day or the fact that bitcoin trades pretty much unregulated by design while affording no privacy with a public ledger.

however, no one in a position of responsibility seems to be concerned, not in this country either. now when china banned that digital nonsense early on, i couldn't understand why that wasn't a hint. instead britain and her courts seem more concerned with someone claiming to be satoshi.

why be diplomatic about so many governments failing to be responsible. it's not a favor to compliment someone for being scammed while they are being scammed is it?

in case anyone forgot or forgets the only reason a bitcoin costs what it does began with at least one stable coin being used to accelerate (unregulated) trading of it.

[when i grew up there were still people old enough to have lived as adults through the great depression. today there are very few people left that were alive when the stock market in america crashed.]

i get that you might not have had the time to look at the concern. i don't do everything that could be done. for one, this is a solo project promoting my independent music project. i run a legitimate concern, online, and have for over twenty years. that being said, cryptocurrency (bitcoin specifically) has been available online for over ten years. i am positive that i'm not the only person who's looked at it.

even if bitcoin, specifically bitcoin, returns to being decentralized it won't be a significant currency. however, eventually it might command a price at or above its current marketed value just as a curiosity. there are a lot of people in the world. who could say what becomes of interest as a keepsake.

44.1- 1:34.10 | 50.8 seconds

[criptox]

"Launch of Ripple's RLUSD Stablecoin: Important Warnings"

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The Launch of Ripple's RLUSD Stablecoin: Key Warnings You Need to Know

In recent weeks, the cryptocurrency landscape has been buzzing with the announcement of Ripple's new stablecoin, RLUSD. As we dive into this financial innovation, it's crucial to understand both the potential benefits and the significant risks associated with it.

What is RLUSD?

RLUSD is Ripple's latest stablecoin aimed at providing a reliable digital currency backed by the US dollar. This move aligns with the growing interest in creating stablecoins that can bridge the gap between traditional finance and the crypto world. With the increasing demand for stable digital assets, RLUSD is positioned to cater to traders, investors, and businesses alike.

Potential Advantages of RLUSD

Stability in Trading: Being pegged to the US dollar, RLUSD hopes to eliminate the notorious volatility often associated with cryptocurrencies. This stability can be appealing for traders looking to minimize risk.

Increased Accessibility: With Ripple's established networks, RLUSD could potentially facilitate cross-border transactions more seamlessly than many current fiat systems.

Integration with Existing Platforms: Ripple has announced plans for RLUSD to be compatible with service platforms, enabling easier access and usability for everyday transactions.

Important Warnings to Consider

While RLUSD brings exciting opportunities, it's important to approach with caution. Here are some significant warnings to keep in mind:

Regulatory Scrutiny: Given the recent crackdowns on cryptocurrencies by various governments, RLUSD may face significant regulatory challenges. Its compliance with local laws will be crucial for its adoption.

Market Fluctuations: Although it’s designed to be stable, RLUSD is still a cryptocurrency. Market dynamics can affect its liquidity and usage, which could pose risks for investors.

Lack of Historical Data: Being a new entrant, RLUSD doesn't have a track record to evaluate its performance. Investors should be cautious and conduct thorough research before jumping in.

Conclusion

The launch of Ripple's RLUSD stablecoin has certainly captured the attention of the crypto community. With its focus on stability and regulatory compliance, RLUSD could provide a unique solution in the ever-evolving digital currency space. However, the risks mentioned shouldn't be overlooked. As with any investment, it’s essential to remain informed and tread carefully, especially in the unpredictable world of cryptocurrencies.

Are you excited about the launch of RLUSD, or do you have reservations? Share your thoughts in the comments below!

``` "Launch of Ripple's RLUSD Stablecoin: Important Warnings"

[savingsuk]

MUTUAL FUNDS

Looking to dive into the world of investing? Savings UK Ltd is here to simplify your journey and discuss mutual funds fixed income options. Plus, we’ll share a valuable mutual funds list to help you make informed decisions.

What Are Mutual Funds?

At its core, a mutual fund is a pool of money collected from many investors. This fund is managed by a professional. Essentially, when you invest in a mutual fund, you buy shares of that fund, not shares of individual stocks or bonds. According to Investment Company Institute, mutual funds in the United States alone held over $21 trillion in assets as of mid-2021. These figures can give you an idea of how popular this investment option is globally.

Mutual Funds Meaning

The mutual funds meaning extends beyond just gathering funds. It’s an investment strategy where the money is put into various financial securities, like stocks, bonds, or other assets. This strategy allows individual investors access to diversified portfolios that they may not be able to create on their own. As a result, investors can spread out their risks across a range of assets.

Understanding Mutual Funds Investments

When it comes to mutual funds investment, the potential returns can vary significantly. It all depends on the type of fund and the asset allocation within it. - Equity Funds: Primarily invest in stocks to achieve higher long-term returns. - Debt Funds: Focus on fixed income securities like bonds. - Balanced Funds: Combine stocks and bonds for a mix of growth and income. - Index Funds: Try to match the performance of a specific index, like the S&P 500. Most mutual funds are required to provide detailed information about their objectives, risks, and past performance. This info can help you choose one that aligns with your financial goals. Important Factors to Consider As you rack your brain on where to put your money, consider these essential factors: - Risk Tolerance: How much risk are you comfortable with? - Investment Goal: Are you saving for retirement, a house, or education? - Investment Horizon: How long do you plan to invest? Taking these into account helps you select the right fund for your unique situation.

Exploring Mutual Funds Fixed Income

When people talk about mutual funds fixed income, they generally refer to funds investing primarily in bonds or fixed income securities. These funds generate income through interest payments and provide a level of stability to your investment portfolio. Benefits: - Steady Income: Fixed-income mutual funds can provide regular income through interest. - Lower Risk: They are generally less volatile than equity funds. - Convenience: Managing a fixed-income mutual fund allows for automated restitution of interest, making it easier for investors. These funds can be particularly beneficial for retirees or those looking for a lower-risk investment strategy.

Mutual Funds List

Invest Now

Mutual Funds Investment

Tips for First-Time Investors

Navigating the world of mutual funds can be daunting for beginners. But don't worry! Here are a few tips to guide you: - Start Small: If you're wary of investing large sums, begin with a small amount. - Educate Yourself: Arm yourself with knowledge. Websites like Investopedia offer excellent resources. - Regular Contributions: Set up automatic investments to build your portfolio over time. At Savings UK Ltd, we're here to assist you in your investing journey. We hope this guide illuminated some areas of the often complex world of mutual funds. Ready to take the plunge? Happy investing!

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[oliverethanrobin]

How to Build a Successful Crypto Exchange: Key Features and Best Practices

In the rapidly growing world of cryptocurrencies, launching a crypto exchange platform has become a promising business opportunity. However, building a successful exchange requires careful planning, incorporating essential features, and following industry best practices. In this blog, we will explore the key features necessary for a thriving exchange and provide insights into crypto exchange platform development to guide you through the process.

What Is a Crypto Exchange?

A crypto exchange is an online platform where users can buy, sell, and trade various cryptocurrencies. These exchanges are the backbone of the crypto economy, facilitating transactions and enabling market liquidity. If you want to tap into this industry, understanding how to develop a secure and efficient crypto exchange is crucial.

Key Features of a Successful Crypto Exchange Platform

Building a crypto exchange is more than just creating a trading platform—it’s about ensuring security, usability, and scalability. Below are the key features that every successful crypto exchange must include:

1. User-Friendly Interface

A simple, intuitive user interface (UI) is essential for attracting both novice and experienced traders. The platform should be easy to navigate, providing a seamless trading experience across devices, including desktop and mobile.

Key Considerations: Ensure that the user onboarding process is quick and straightforward. Features like one-click trading and portfolio tracking can greatly enhance the user experience.

2. Robust Security Measures

Security is the backbone of any crypto exchange platform development. With increasing cyber threats, it’s essential to implement advanced security measures to protect user data and assets.

Essential Security Features:

Two-factor authentication (2FA)

Encryption of user data

Secure cold wallet storage for cryptocurrencies

Anti-DDoS protection

Regular security audits and updates

Ensuring the safety of user assets can build trust and improve user retention, which is critical for the success of your exchange.

3. Liquidity Management

Liquidity is vital for any exchange to operate smoothly. It ensures that there are enough buyers and sellers on the platform to match orders quickly. Without proper liquidity, users may experience delays in executing their trades, leading to dissatisfaction.

How to Ensure Liquidity:

Integrate third-party liquidity providers.

Utilize market makers to provide ongoing trading activity.

Foster partnerships with other exchanges to pool liquidity.

4. Advanced Trading Features

Experienced traders look for platforms with advanced features that allow them to execute various trading strategies. Incorporating these features can make your exchange more competitive.

Must-Have Trading Features:

Margin trading and leverage

Stop-loss and take-profit orders

Candlestick charts and technical analysis tools

Automated trading bots and algorithmic trading options

Offering a wide range of trading options enhances your platform's appeal to professional traders, increasing overall trading volume.

5. Multi-Currency Support

To attract a diverse range of users, your platform should support multiple cryptocurrencies and fiat currencies. This enables traders to exchange a wide variety of coins and tokens, thereby increasing activity on your platform.

Key Considerations: Make sure your exchange supports popular cryptocurrencies like Bitcoin, Ethereum, and stablecoins. Additionally, offering fiat currency gateways can simplify deposits and withdrawals for users.

6. Scalability

As the user base of your exchange grows, the platform must be able to handle increased traffic and transaction volumes. A scalable exchange ensures a smooth trading experience, even during market surges.

Scalability Features:

Cloud-based architecture for easy scaling

Load balancing to manage traffic spikes

Modular system design for future upgrades and feature additions

7. KYC/AML Compliance

Regulatory compliance is essential to avoid legal issues and ensure that your exchange operates within the boundaries of the law. KYC (Know Your Customer) and AML (Anti-Money Laundering) procedures help verify the identity of users and prevent illegal activities like money laundering and fraud.

How to Implement Compliance:

Use third-party services for identity verification.

Ensure ongoing monitoring of suspicious activities on the platform.

Stay updated with regulations from relevant financial authorities.

8. Transaction Fees and Revenue Model

A well-thought-out revenue model is critical for the financial success of your exchange. Most exchanges earn revenue through transaction fees, listing fees, and premium account features.

Popular Fee Models:

Flat Fee: A fixed percentage charged on every transaction.

Maker-Taker Fee: A tiered fee system where makers (who provide liquidity) are charged less than takers (who remove liquidity).

Withdrawal/Deposit Fees: Fees charged for moving funds into or out of the platform.

It’s important to set competitive fees that attract traders while ensuring a steady stream of revenue.

Best Practices for Crypto Exchange Platform Development

Now that you’re familiar with the essential features, let's look at the best practices for crypto exchange platform development:

1. Choose the Right Development Partner

Partnering with an experienced crypto exchange software development company is crucial. Look for developers with a proven track record in building secure and scalable platforms. White-label solutions are also a great option if you want a faster, more cost-effective approach.

2. Test Extensively Before Launch

Before launching, Conduct security audits, performance tests, and bug fixes to ensure the platform runs smoothly under real-world conditions. Test both functional aspects (e.g., order matching, deposits) and non-functional ones (e.g., scalability, security).

3. Offer 24/7 Customer Support

A reliable support system is necessary to resolve user queries and issues promptly. Offering 24/7 support builds trust with your users, ensuring they stay on the platform long-term.

Support Channels: Include live chat, email support, and a comprehensive help center with FAQs and tutorials.

4. Keep Updating and Innovating

The crypto industry evolves quickly, so your platform should stay updated with the latest features and market trends. Regularly update the platform with new tools, currency pairings, and security patches to maintain a competitive edge.

Conclusion

Building a successful crypto exchange platform is a multi-step process that requires careful planning and implementation of the right features. With proper crypto exchange platform development, including a user-friendly interface, advanced security measures, and scalability, your platform can attract traders and stand out in the competitive cryptocurrency market. Partnering with an experienced crypto exchange software development company can also accelerate the process and ensure you’re equipped with all the necessary tools to succeed.

By following these best practices, you’ll be well on your way to creating a profitable and successful crypto exchange that meets the needs of modern traders.