#swissquote 2015

[bowsetter]

In the Daily: Monero Upgrade, Revolut Auto Exchange, SETL Administration

In this edition of The Daily we cover the latest protocol upgrade to privacy coin monero (XMR), a new feature for traders using Revolut, and the blockchain-based corporate settlements platform SETL appointing administrators for the business.

Also Read: Online Bank Swissquote to Add Crypto Custodial Services

Monero Undergoes Protocol Upgrade

The Monero development team has confirmed that its scheduled protocol upgrade was completed successfully. The hard fork introduced four main changes to the privacy-focused altcoin including an improvement to the dynamic block size algorithm, an introduction of dummy encrypted payment IDs as well as shrinking of the size of amount encodings and using deterministic masks.

The most important update involved making the cryptocurrency more resistant to ASIC (application-specific integrated circuits) miners. A recent report showed that more than 85 percent of the Monero network was dominated by ASIC miners. The newly implemented Cryptonight-R algorithm is meant to tweak the proof-of-work mechanism used by XMR miners to deter using ASIC rigs, at least for a while.

Revolut Launches Auto Exchange

London-based alternative digital banking startup Revolut has added a new feature to the service it calls Auto Exchange, supporting both fiat and cryptocurrencies. Similar to market orders common on forex trading platforms, such as Entry and Stop-Loss, the new feature allows Revolut users to automatically exchange one asset into another when a target rate they set is reached.

Revolut was launched in July 2015, and its services include pre-paid debit cards (Mastercard or Visa), fiat currency exchange, cryptocurrency buying and exchange, peer-to-peer payments, remittances, personal loans, travel insurance and international money transfers. In April 2018 the company raised a Series C investment round of $250 million and added support for bitcoin cash (BCH).

SETL Goes Into Administration

Permissioned blockchain-based platform SETL has recently announced the appointment of administrators for the company in a notice of corporate insolvency. This is the latest example of corporate blockchain technology projects struggling to deliver on the hype they generated. The newly appointed administrators, Quantuma LLP, are tasked with enabling the company to balance its holdings and continue its activities on a business as usual basis.

Trying to put a positive spin on the matter, SETL refers to the move as a corporate reorganization following the completion of its Central Securities Depository (CSD). The company explained in a blog post that it recognizes that as an early stage firm it is not sufficiently able to contribute the capital needed for the CSD and is now seeking to sell its holding to a larger financial services firm, “one better placed to provide the capital required to support the growth trajectory.”

What do you think about today’s news tidbits? Share your thoughts in the comments section below.

Images courtesy of Shutterstock.

Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Satoshi’s Pulse, another original and free service from Bitcoin.com.

The post In the Daily: Monero Upgrade, Revolut Auto Exchange, SETL Administration appeared first on Bitcoin News.

READ MORE http://bit.ly/2T0fnb3

[fx999blog]

贵金属高位预警！黄金T+D冲高回落近3%，白银T+D回吐500元！有机构抛售半数持仓 贵金属高位预警！黄金T+D冲高回落近3%，白银T+D回吐500元！有机构抛售半数持仓 周二（7月28日）黄金T+D收盘上涨0.29%至425元/克，冲高回落近3%；白银T+D上涨2.52%至5645元/千克，高位滑落500元！现货黄金部分多头选择获利了结，日内回落70多美元，现货白银更是波动剧烈，从最高的26.188美元/盎司跌至22.319美元/盎司，振幅达到15.7%。黄金创纪录的涨势显示出失去动力的迹象，白银也短暂下跌，因投资者开始评估价格是否涨得过高过快。此外，随着部分交易员获利了结，美元也收复了早些时候的部分失地。短期来看，金价涨势有些过头，回调或已经开始。黄金在8个交易日内涨了10%，以任何标准衡量都处于超买状态。 上海黄金交易所2020年7月28日交易行情 ① 黄金T+D收盘上涨0.29%至425元/克，成交量198.128吨，成交金额850亿2409万9840元，交收方向“多支付给空”，交收量9.490吨； ② 迷你金T+D收盘上涨0.27%至425.02元/克，成交量22.5044吨，成交金额96亿5737万974元，交收方向“多支付给空”，交收量31.206吨； ③ 白银T+D收盘上涨2.52%至5645元/千克，成交量45710.354吨，成交金额2648亿6891万9572元，交收方向“多支付给空”，交收量235.860吨。 黄金似乎已经准备好迎接一段获利回吐期 周二（7月28日）现货黄金部分多头选择获利了结，日内回落70多美元，现货白银更是波动剧烈，从最高的26.188美元/盎司跌至22.319美元/盎司，振幅达到15.7%。 分析指出，在COMEX期金创下2000美元的历史新高后，黄金创纪录的涨势显示出失去动力的迹象，白银也短暂下跌，因投资者开始评估价格是否涨得过高过快。此外，随着部分交易员获利了结，美元也收复了早些时候的部分失地。 分析认为，本轮金价暴涨除了因全球新冠病例激增、地缘政治紧张之外，最主要是美欧等央行大量投放流动性的情况下，导致美国实际利率为负。市场还预期美国推出新一轮刺激计划。不过昨晚美国共和党参议员公布了1万亿美元的抗疫刺激计划的利好出尽，且两党之间甚至共和党内存在分歧，该刺激法案能否最终通过并顺利实施依然存在不确定性。 A股、港股黄金概念集体回落。湖南黄金、赤峰黄金、园城黄金均跌超4%。港股方面，招金矿业跌超10%，山东黄金跌逾6%，紫金矿业跌近5%。 短期来看，金价涨势有些过头，回调或已经开始。黄金在8个交易日内涨了10%，以任何标准衡量都处于超买状态。从战略角度来看，看涨金属的理由仍未改变，但从近期看来，部分ETF投资者可能会想要获利了结，这些投资者自金价低于目前高点500美元以来，每个月都在建立头寸。在短期之后，宽松的货币将会持续实施，并为黄金提供支撑，但没有什么是可以直线上升的，现在看起来是一个盘整的好时机。 7月28日黄金ETFs数据显示，截止7月28日黄金ETF-SPDR Gold Trust的黄金持仓量1234.65吨,较上一交易日增加5.84吨；Gold Trust7月28日数据显示，iShares Gold Trust7月28日黄金持有量484.1吨,较上一交易日增加1.87吨。 Lombard Odier Private Bank表示，目前金价的水平是较为脆弱的。该行首席经济学家Samy Chaar���示，其团队已经抛售出了一半的黄金持仓。 Chaar认为，尽管在全球有大量负利率债券的情况下持有一些黄金是很重要的，但在涨到这种高水平后，黄金市场就显得较为脆弱，因为这样程度的低利率是很难持续下去的。 实际利率低迷就意味着黄金持有成本低迷，因此会提振金价。实际利率跌至负值是推动金价走高的主因，美国的实际利率目前几乎已经跌到了负1%，是十年未见的水平。 Chaar认为，这种水平的利率意味着美国经济会继续萎缩，很难有复苏。美国政府应对疫情不力，但美国经济迟早是要复苏的，那么利率就会回升，这对黄金而言就是很大的风险。 持仓角度而言，在这种极为看多的情况下，金价是否涨得过快是令人担忧的 CFTC数据显示，7月21日当周，Comex期金多头持仓增加了3856手至181256手，空头持仓减少了1440手。因此其净多头持仓环比增长4%至140269手。 ���明证券(TD Securities)指出，期金市场多头持仓的增加受到美元���跌的影响，并且没有遭到风险需求的打压。通胀预期的升温有些意外，同时名义利率又走低，这使得空头选择回补。因此推动了黄金市场上行动能。 Swissquote Bank分析师Ipek Ozkardeskaya表示，除了投机兴趣之外，市场动能指标也显现出超买的状态。但在投资者大幅获利了结之前，金价仍有空间涨至2000水平。低利率将能提振金价至2000关口，即使RSI逼近了85的高水平，显现出短期金价上涨过快过多，会出现下行修正。 不过一些分析师表示，黄金市场的投机兴趣远低于历史水平，期金的净多头持仓在此前三个月的下行后也刚回升了不久。 FXTM首席市场策略师Hussein Sayed表示，从期金市场的未平仓合约来看，投机持仓并不多。这表明了眼下实物需求和黄金ETF增持是推动金价的主因，也就意味着如果金价能突破2000美元/盎司关口，投机持仓会进一步入场看多，推动金价继续上涨。 德国商业银行(Commerzbank)也认为，从持仓角度来看，金价还有上涨空间。金价的上涨并非投机推动，也就表明了金价不会有太大修正。净多头持仓只有小幅增加，空头数量仍然很高。 在期银市场中，Comex期银多头持仓增加了5881手至71496手，空头持仓减少了3148手至22840手，净多头持仓增至48656手，环比增长了14%。 德国商业银行认为，期银市场看多有些拥挤。不过盛宝银行(Saxo Bank)大宗商品策略主管Ole Hansen指出，期银的净多头持仓只有2月顶峰水平的30%。  机构观点：金价涨到4000也并非不可能 US Global Investors首席执行官Frank Holmes表示，2011年当金价创下此前的历史记录1920美元/盎司时，并没有在顶部盘整太久，反而是很快就回来，之后就开启了长期的下行趋势，一直到2015年12月触底。 Holmes表示，需要注意的是，2011年距离2008年的金融危机，已经过去了三年，黄金市场当时已经在这个自2008年11月开始持续了三年牛市的尾声。 2008年金价和利率出现了第一次明显分歧，当时金融危机爆发后，美联储开始了QE，利率被降至接近零的水平。在当时美国利率跌到前所未有水平的情况下，金价持续走高，直到2011年触及顶峰。那一次金价之所以最终走高创下新高，很大程度上受到了利率下降的影响。而这一次，情况也有相似。 Holmes指出，从过去历史来看，2008年至2011年的三年间，金价从不到800美元上涨到1900美元/盎司上方。 美联储宽松的状况相似，周期相似，如果黄金也重演那三年的走势，那么意味着金价能在未来三年涨至4000美元/盎司。 在美联储大放水之下，其资产负债表大幅升高。美国或许需要10万亿美元的财政和货币政策才能让美国经济回到正轨。 

[jacobhinkley]

Bitstamp: An Overview of the Industry's Oldest Active Exchange

In this guide, we explore Bitstamp and its journey from humble beginnings seven years ago to becoming one of the most popular cryptocurrency exchanges in the world. We’ll also look at the various features of its platform, chiefly trading and acquiring cryptocurrency.

Snapshot

Operating since: August 2011

Location: London, Luxembourg, Slovenia, U.S.

Fiat pairs supported: USD, EUR

Notable cryptocurrencies supported: BTC, ETH, LTC, BCH, XRP

Countries served: Worldwide

Account verification: Proof of identity and address

Funding options: SEPA bank transfer, cryptocurrency, debit/credit card, international bank transfer, AstroPay

Withdrawal options: SEPA bank transfer, cryptocurrency, gold, international bank transfer

Fee structure: Scaled at various levels from 0.25 percent for under $20,000, to 0.10 percent for over $20 million.

A Brief History of the World’s Longest-Running Bitcoin Exchange

On August 22, 2018, Bitstamp celebrated its seventh year in operation as one of the largest bitcoin exchanges in the world. This anniversary makes it the longest-running bitcoin exchange in a sector of the crypto-economy plagued by hacks and exit scams. One of the most notable of these, Mt. Gox, was one of Bitstamp’s first competitors.

Started by Nejc Kodrič and Damijan Merlak in August 2011, the company’s first base was in a Slovenian garage with just a server, a couple of laptops and a thousand euros in capital.

Despite these humble beginnings, Bitstamp has grown into one of the world’s leading bitcoin exchanges, one that has played pioneer to a number of exchange security features and technical standards.

For example, Bitstamp was one of the first exchanges to implement multi-signature technology for its hot wallet. It was also an early adopter of Bitcoin’s SegWit soft fork for lower fees in 2017, and it instituted one of the first insurance funds, secured in cold storage, to reimburse its customers in the event of a hack.

After bouncing back from a theft of 19,000 bitcoins in January 2015, Bitstamp secured its status as a regulated exchange after it received a payment institution license from Luxembourg just over one year later. The license allows it to operate in any of the EU’s 28 countries thanks to the Union’s Single Market policy.

After becoming fully licensed, in July 2017, Bitstamp partnered with Swissquote, a well-respected analytical and finance firm to provide their customers BTC-USD and BTC-EUR trading pairs.

Security First

A great security feature of Bitstamp is that the warning to setup two-factor authentication is displayed on the account balances page as well as when you first sign up. You must also reset your password on the first log in.

Another encouraging aspect of Bitstamp is that the exchange’s internal processes, which includes IT infrastructure and data protection, are audited annually by one of the Big Four accounting firms.

All customer data is protected by using PGP for any uploaded documents, meaning that, even if hackers gain access to Bitstamp’s servers, the sensitive data is encrypted. Connections to their server are encrypted too, so make sure that you look for the green padlock in the URL tab of your browser when visiting the site.

Following the 2015 hack, Bitstamps hot wallets that hold customer funds are now multi-signature, meaning that an attacker would have to dupe more than one employee with a phishing attack, as multiple staff members will need to sign with their key to validate transactions (ote that the 2015 hack occured after a phishing attack on just one of Bitstamp’s staff members).

Liquidity

Bitstamp is one of the largest exchanges on the market, so users are always able to buy and sell cryptocurrencies with no hassle and without dramatically pushing the price up or down due to slippage.

The majority of the volume on Bitstamp, unsurprisingly, goes toward bitcoin, with ether a runner up, taking around 10 percent of the volume in recent days.

Source: https://coinmarketcap.com/exchanges/bitstamp/

While wash trading and fake volume are valid concerns within the wider crypto exchange market, a recent report from the Blockchain Transparency Institute found that Bitstamp’s reported volume was closely aligned with the researchers’ more accurate estimation of the true volume. Another update to the rankings is expected in September 2018.

Bitstamp is one of a handful of bitcoin exchanges where evidence of wash trading was not uncovered.

Reputation

As the longest-running exchange for bitcoin, Bitstamp has a pretty solid reputation. The fact that it is regulated as a payment institution in the EU also gives the exchange credibility and, in the event regulations are tightened, Bitstamp should be well-placed to overcome any difficulties.

In June 2014, Bitstamp was awarded the Best Virtual Currency Startup at the Europas, placing above U.K.-based bitcoin exchange Coinfloor, peer-to-peer marketplace Localbitcoins and blockchain analytics firm Elliptic.

Fiat-to-Crypto

Bitstamp allows you to convert fiat, namely EUR and USD, into the most popular cryptocurrencies and vice versa. All of the available cryptocurrencies are traded against BTC, EUR and USD.

If you are located in the European Union, SEPA bank transfers should take anywhere between 24 hours to three business days. International bank transfers will be much slower, in the range of two to five business days. SEPA transfers are free of charge; however, a small fee applies to international bank deposits of 0.05 percent.

The bank handling fiat transactions for Bitstamp is known as Gorenjska banka, a Slovenian financial institution founded in 1955. Gorenjska operates over a wide range of operations, including banking and financial services for individuals and corporations, along with a presence in the rental market for safety deposit boxes, insurance, real estate and forex markets. As Slovenia falls under the EU’s Single Market, Gorenjska follows the same standards as, and is regulated in a similar fashion to, German or French banks.

Bitstamp is one of the few major exchanges that does not rely on Tether. Whether or not the stablecoin is backed up by sufficient USD reserves is a story for another day, but there has been a lot of debate about whether USDT is genuinely backed up by U.S. dollars or whether it could be an elaborate ploy to manipulate the markets.

By not relying on Tether and not holding Tether reserves, Bitstamp will survive in the (unlikely) event of a market-wide panic should Tether collapse.

Gold Withdrawals

Crypto advocates and gold bugs often overlap, nevertheless, there are some that believe that crypto will make gold as a store of value obsolete. Others see the two assets as complementary.

Bitstamp’s gold withdrawal feature makes it truly unique. The feature was introduced in January 2016, with the precious metal sourced from the well-established firm Moro & Kunst d.o.o. To withdraw gold, you must be an EU resident and have a USD balance in your account. The rate is fixed at time of withdrawal and customers can expect to receive their gold bars in two to five business days.

Trading Interface

The trading interface on Bitstamp is eye-catching and provides detailed information about markets, such as the order book and market depth, and traders can apply technical indicators such as Bollinger bands.

In combination with a technical analysis, SMS price alerts may be a useful alternative to limit orders and market orders. For instance, you may be waiting for a breakout above a particular level and want to assess the situation if the breakout occurs instead of buying or selling once that level is hit. Using SMS price alerts, we can set these alerts at key resistances/supports and evaluate the situation as it unfolds before committing to a purchase or sale of cryptocurrency.

Using Bitstamp’s API feature, advanced traders can set up trading bots to automatically execute trades. For example, Stefan van As introduced the Nefertiti bot in 2017 which is compatible with Bitstamp, as well as the open-source trading bot Gekko. If you are well-versed in programming, then you might even be able to write your own trading bots using the functions here.

Fee Structure

Withdrawing crypto is free, unlike some exchanges like HitBTC which charge for both deposits and withdrawals. Other reputable exchanges often charge for withdrawals of cryptocurrency. As a crypto appreciates or depreciates, these withdrawal fees are not usually changed in line with price changes.

Fees are also relatively low for bank transfers: €0.09 for SEPA transfers for those in Europe, which is basically the same as Kraken.

Depending on your cumulative 30-day volume, fees on trading pairs when buying or selling in the market start at 0.25 percent declining to 0.10 percent if your 30-day volume exceeds $20 million, again similar to Kraken.

Altcoin Support

Only bitcoin, bitcoin cash, litecoin, ripple and ether are offered, which may be an indicator that Bitstamp is acting cautiously by not adding every coin under the sun.

Bitstamp also stopped adding bitcoin fork coins such as bitcoin gold and bitcoin private, after adding bitcoin cash. Thus, for altcoin traders, Bitstamp is probably not the exchange to go to, as many opportunities are not available. Binance, Bittrex and Poloniex can better serve altcoin traders, with a wider variety and more potential opportunities to profit.

KYC Verification Processes

The fact that the exchange requires you to identify yourself and provide a proof of address may be a downside for some. In this case, decentralized exchanges may be a better option, instead of submitting your identity and address.

The exchange has been working with Onfido, a KYC technology provider, since February 2018, to reduce and automate the time needed for verification.

Unlike other exchanges, there is only one verification level, so once you have submitted your documents, you will not need to do anything further, and you can expect the process to be completed within 48 hours. However, during the crypto frenzy toward the end of 2017, the verification time was delayed as demand far exceeded Bitstamp’s ability to take on new customers, and the exchange temporarily halted new sign-ups.

Trading

With platforms such as Kraken and BitMEX, users can leverage their positions to increase profit potential for their trades. WIth Bitstamp, there is no margin trading.

While some advanced traders might miss this feature, the fact that there is no margin trading may be a slight positive aspect for some who are not accustomed to taking such risky trades, and beginner/amateur traders may want to practice on Bitstamp using market/limit orders to buy/sell cryptos before trading with leverage.

Market and instant orders both buy/sell immediately at the best available price, and they differ only in that you can determine the quantity you wish to purchase with market orders. Limit orders allow you to set a level, or “limit,” you want to enter and exit a trade and is executed automatically once the market reaches the limit. Finally, stop orders allow you to limit your losses in case the market moves against you after you buy or sell or if you want to set up a trade to execute a buy/sell on a breakout.

Verdict

Overall, Bitstamp is a solid bitcoin exchange, ideal for European citizens. Despite not having margin trading, Bitstamp is a good choice for acquiring cryptocurrency due to its reputation, free withdrawals of cryptos and competitive fees. The ability to withdraw in gold is also a useful feature for those cryptocurrency investors who have not yet diversified into precious metals.

Margin trading and the addition of a handful more altcoins that have real-world utility could make this exchange even more potential for taking market share. Similarly, the addition of an autonomous exchange, in which cryptocurrency projects list their own crypto assets autonomously, similar to Huobi’s HADAX exchange, could be used as a preliminary stage before adding new cryptocurrencies to the main exchange.

This article originally appeared on Bitcoin Magazine.

Bitstamp: An Overview of the Industry's Oldest Active Exchange published first on https://medium.com/@smartoptions

[joshuajacksonlyblog]

Bitstamp: An Overview of the Industry's Oldest Active Exchange

In this guide, we explore Bitstamp and its journey from humble beginnings seven years ago to becoming one of the most popular cryptocurrency exchanges in the world. We’ll also look at the various features of its platform, chiefly trading and acquiring cryptocurrency.

Snapshot

Operating since: August 2011

Location: London, Luxembourg, Slovenia, U.S.

Fiat pairs supported: USD, EUR

Notable cryptocurrencies supported: BTC, ETH, LTC, BCH, XRP

Countries served: Worldwide

Account verification: Proof of identity and address

Funding options: SEPA bank transfer, cryptocurrency, debit/credit card, international bank transfer, AstroPay

Withdrawal options: SEPA bank transfer, cryptocurrency, gold, international bank transfer

Fee structure: Scaled at various levels from 0.25 percent for under $20,000, to 0.10 percent for over $20 million.

A Brief History of the World’s Longest-Running Bitcoin Exchange

On August 22, 2018, Bitstamp celebrated its seventh year in operation as one of the largest bitcoin exchanges in the world. This anniversary makes it the longest-running bitcoin exchange in a sector of the crypto-economy plagued by hacks and exit scams. One of the most notable of these, Mt. Gox, was one of Bitstamp’s first competitors.

Started by Nejc Kodrič and Damijan Merlak in August 2011, the company’s first base was in a Slovenian garage with just a server, a couple of laptops and a thousand euros in capital.

Despite these humble beginnings, Bitstamp has grown into one of the world’s leading bitcoin exchanges, one that has played pioneer to a number of exchange security features and technical standards.

For example, Bitstamp was one of the first exchanges to implement multi-signature technology for its hot wallet. It was also an early adopter of Bitcoin’s SegWit soft fork for lower fees in 2017, and it instituted one of the first insurance funds, secured in cold storage, to reimburse its customers in the event of a hack.

After bouncing back from a theft of 19,000 bitcoins in January 2015, Bitstamp secured its status as a regulated exchange after it received a payment institution license from Luxembourg just over one year later. The license allows it to operate in any of the EU’s 28 countries thanks to the Union’s Single Market policy.

After becoming fully licensed, in July 2017, Bitstamp partnered with Swissquote, a well-respected analytical and finance firm to provide their customers BTC-USD and BTC-EUR trading pairs.

Security First

A great security feature of Bitstamp is that the warning to setup two-factor authentication is displayed on the account balances page as well as when you first sign up. You must also reset your password on the first log in.

Another encouraging aspect of Bitstamp is that the exchange’s internal processes, which includes IT infrastructure and data protection, are audited annually by one of the Big Four accounting firms.

All customer data is protected by using PGP for any uploaded documents, meaning that, even if hackers gain access to Bitstamp’s servers, the sensitive data is encrypted. Connections to their server are encrypted too, so make sure that you look for the green padlock in the URL tab of your browser when visiting the site.

Following the 2015 hack, Bitstamps hot wallets that hold customer funds are now multi-signature, meaning that an attacker would have to dupe more than one employee with a phishing attack, as multiple staff members will need to sign with their key to validate transactions (ote that the 2015 hack occured after a phishing attack on just one of Bitstamp’s staff members).

Liquidity

Bitstamp is one of the largest exchanges on the market, so users are always able to buy and sell cryptocurrencies with no hassle and without dramatically pushing the price up or down due to slippage.

The majority of the volume on Bitstamp, unsurprisingly, goes toward bitcoin, with ether a runner up, taking around 10 percent of the volume in recent days.

Source: https://coinmarketcap.com/exchanges/bitstamp/

While wash trading and fake volume are valid concerns within the wider crypto exchange market, a recent report from the Blockchain Transparency Institute found that Bitstamp’s reported volume was closely aligned with the researchers’ more accurate estimation of the true volume. Another update to the rankings is expected in September 2018.

Bitstamp is one of a handful of bitcoin exchanges where evidence of wash trading was not uncovered.

Reputation

As the longest-running exchange for bitcoin, Bitstamp has a pretty solid reputation. The fact that it is regulated as a payment institution in the EU also gives the exchange credibility and, in the event regulations are tightened, Bitstamp should be well-placed to overcome any difficulties.

In June 2014, Bitstamp was awarded the Best Virtual Currency Startup at the Europas, placing above U.K.-based bitcoin exchange Coinfloor, peer-to-peer marketplace Localbitcoins and blockchain analytics firm Elliptic.

Fiat-to-Crypto

Bitstamp allows you to convert fiat, namely EUR and USD, into the most popular cryptocurrencies and vice versa. All of the available cryptocurrencies are traded against BTC, EUR and USD.

If you are located in the European Union, SEPA bank transfers should take anywhere between 24 hours to three business days. International bank transfers will be much slower, in the range of two to five business days. SEPA transfers are free of charge; however, a small fee applies to international bank deposits of 0.05 percent.

The bank handling fiat transactions for Bitstamp is known as Gorenjska banka, a Slovenian financial institution founded in 1955. Gorenjska operates over a wide range of operations, including banking and financial services for individuals and corporations, along with a presence in the rental market for safety deposit boxes, insurance, real estate and forex markets. As Slovenia falls under the EU’s Single Market, Gorenjska follows the same standards as, and is regulated in a similar fashion to, German or French banks.

Bitstamp is one of the few major exchanges that does not rely on Tether. Whether or not the stablecoin is backed up by sufficient USD reserves is a story for another day, but there has been a lot of debate about whether USDT is genuinely backed up by U.S. dollars or whether it could be an elaborate ploy to manipulate the markets.

By not relying on Tether and not holding Tether reserves, Bitstamp will survive in the (unlikely) event of a market-wide panic should Tether collapse.

Gold Withdrawals

Crypto advocates and gold bugs often overlap, nevertheless, there are some that believe that crypto will make gold as a store of value obsolete. Others see the two assets as complementary.

Bitstamp’s gold withdrawal feature makes it truly unique. The feature was introduced in January 2016, with the precious metal sourced from the well-established firm Moro & Kunst d.o.o. To withdraw gold, you must be an EU resident and have a USD balance in your account. The rate is fixed at time of withdrawal and customers can expect to receive their gold bars in two to five business days.

Trading Interface

The trading interface on Bitstamp is eye-catching and provides detailed information about markets, such as the order book and market depth, and traders can apply technical indicators such as Bollinger bands.

In combination with a technical analysis, SMS price alerts may be a useful alternative to limit orders and market orders. For instance, you may be waiting for a breakout above a particular level and want to assess the situation if the breakout occurs instead of buying or selling once that level is hit. Using SMS price alerts, we can set these alerts at key resistances/supports and evaluate the situation as it unfolds before committing to a purchase or sale of cryptocurrency.

Using Bitstamp’s API feature, advanced traders can set up trading bots to automatically execute trades. For example, Stefan van As introduced the Nefertiti bot in 2017 which is compatible with Bitstamp, as well as the open-source trading bot Gekko. If you are well-versed in programming, then you might even be able to write your own trading bots using the functions here.

Fee Structure

Withdrawing crypto is free, unlike some exchanges like HitBTC which charge for both deposits and withdrawals. Other reputable exchanges often charge for withdrawals of cryptocurrency. As a crypto appreciates or depreciates, these withdrawal fees are not usually changed in line with price changes.

Fees are also relatively low for bank transfers: €0.09 for SEPA transfers for those in Europe, which is basically the same as Kraken.

Depending on your cumulative 30-day volume, fees on trading pairs when buying or selling in the market start at 0.25 percent declining to 0.10 percent if your 30-day volume exceeds $20 million, again similar to Kraken.

Altcoin Support

Only bitcoin, bitcoin cash, litecoin, ripple and ether are offered, which may be an indicator that Bitstamp is acting cautiously by not adding every coin under the sun.

Bitstamp also stopped adding bitcoin fork coins such as bitcoin gold and bitcoin private, after adding bitcoin cash. Thus, for altcoin traders, Bitstamp is probably not the exchange to go to, as many opportunities are not available. Binance, Bittrex and Poloniex can better serve altcoin traders, with a wider variety and more potential opportunities to profit.

KYC Verification Processes

The fact that the exchange requires you to identify yourself and provide a proof of address may be a downside for some. In this case, decentralized exchanges may be a better option, instead of submitting your identity and address.

The exchange has been working with Onfido, a KYC technology provider, since February 2018, to reduce and automate the time needed for verification.

Unlike other exchanges, there is only one verification level, so once you have submitted your documents, you will not need to do anything further, and you can expect the process to be completed within 48 hours. However, during the crypto frenzy toward the end of 2017, the verification time was delayed as demand far exceeded Bitstamp’s ability to take on new customers, and the exchange temporarily halted new sign-ups.

Trading

With platforms such as Kraken and BitMEX, users can leverage their positions to increase profit potential for their trades. WIth Bitstamp, there is no margin trading.

While some advanced traders might miss this feature, the fact that there is no margin trading may be a slight positive aspect for some who are not accustomed to taking such risky trades, and beginner/amateur traders may want to practice on Bitstamp using market/limit orders to buy/sell cryptos before trading with leverage.

Market and instant orders both buy/sell immediately at the best available price, and they differ only in that you can determine the quantity you wish to purchase with market orders. Limit orders allow you to set a level, or “limit,” you want to enter and exit a trade and is executed automatically once the market reaches the limit. Finally, stop orders allow you to limit your losses in case the market moves against you after you buy or sell or if you want to set up a trade to execute a buy/sell on a breakout.

Verdict

Overall, Bitstamp is a solid bitcoin exchange, ideal for European citizens. Despite not having margin trading, Bitstamp is a good choice for acquiring cryptocurrency due to its reputation, free withdrawals of cryptos and competitive fees. The ability to withdraw in gold is also a useful feature for those cryptocurrency investors who have not yet diversified into precious metals.

Margin trading and the addition of a handful more altcoins that have real-world utility could make this exchange even more potential for taking market share. Similarly, the addition of an autonomous exchange, in which cryptocurrency projects list their own crypto assets autonomously, similar to Huobi’s HADAX exchange, could be used as a preliminary stage before adding new cryptocurrencies to the main exchange.

This article originally appeared on Bitcoin Magazine.

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[fxasker-blog]

How Do I Remove An EA That I Have Loaded From My MT4 Platform With TRADESTATION?

How Do I Remove An EA That I Have Loaded From My MT4 Platform With TRADESTATION? Read More http://fxasker.com/question/5dca44fd2b9bad43/ FXAsker

[hellodelightfulbearbouquetme]

Summary

A new market study, titled “ Global Internet Bank Market Industry Analysis, Size, Share, Growth, Trends and Forecast 2020-2026 ” has been featured on WiseGuyReports.

This report focuses on the global Internet Bank status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Internet Bank development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.

The key players covered in this study Kiwibank BNZ ANZ Heartland Bank CBI Bank Axis Bank HSBC HK NAB Leaders Credit Union Sandhills Credit Union Leader Bank Swissquote

Market segment by Type, the product can be split into Banking for Corporate Banking for Personal Market segment by Application, split into Personal Financial Assistant Online Investment Online Shopping Other Financial Services

Market segment by Regions/Countries, this report covers North America Europe China Japan Southeast Asia India Central & South America

ALSO READ:https://industrytoday.co.uk/it/global-internet-bank-market-2020-2026-by-technology-and-top-key-players--kiwibank--bnz--anz--heartland-bank--cbi-bank-and-more---

The study objectives of this report are: To analyze global Internet Bank status, future forecast, growth opportunity, key market and key players. To present the Internet Bank development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America. To strategically profile the key players and comprehensively analyze their development plan and strategies. To define, describe and forecast the market by type, market and key regions.

In this study, the years considered to estimate the market size of Internet Bank are as follows: History Year: 2015-2019 Base Year: 2019 Estimated Year: 2020 Forecast Year 2020 to 2026 For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

FOR MORE DETAILS –https://www.wiseguyreports.com/reports/4904685-global-internet-bank-market-size-status-and-forecast-2020-2026

About Us:

Wise Guy Reports is part of the Wise Guy Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe.   

Contact Us:

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[businessweekme]

Pound Traders Glued to Desks as Brexit Vote Nears

Currency traders are taking no chances as the U.K. Parliament’s Brexit vote late Tuesday will come during thin liquidity heading into the market’s witching hour.

Money managers are canceling evening plans to stay at the office to ensure they don’t miss market swings like those seen during sterling’s 2016 flash crash or the chaos that followed the Swiss National Bank unexpectedly dropping its currency floor in 2015. The pound could move as much as 6 percent in either direction depending on the vote’s outcome, strategists say.

“That’s one of the SNB lessons learned, there were a lot of less experienced people on the desk,” said Alan Schwarz, New Jersey-based CEO of FXSpotStream LLC, a trading venue launched by banks. “I will guarantee you a lot of the most senior people at the banks will be at their desk or will be able to get to it.”

With the memory of the 2016 plunge in the pound provoked by thin liquidity in Asian hours still on their minds, traders will be hoping the vote doesn’t come too late. The result is due around 8:30 p.m. U.K. time, but a delay could see it pushed between the end of the New York close and the start of trading in Tokyo.

A relatively small shortfall in the votes Prime Minister Theresa May needs to pass her deal could actually spur gains in the currency on the prospect of talks for a second attempt, according to strategists. A large loss ignites risks including a no-confidence vote, a push for a second referendum or an election, which would drive sterling lower. Options betting on one-week volatility are holding near an 18-month high.

A late-running vote wouldn’t just see investors trapped at their desks, but could exaggerate any moves in the pound due to the thin liquidity. According to 2016 data from consultancy Aite Group, foreign-exchange volumes dwindle to just 2 percent of peak turnover between the New York close and the start of trading in Tokyo.

Liquidity is much more of a concern than it used to be, said Andreas Koenig, head of global currencies at Amundi Asset Management. It wasn’t even a topic of discussion when he started in the market in 1994, but the “erratic nature of liquidity” means it’s now something to bear in mind, he said.

Global Operation

In Europe, Commerzbank AG strategist Esther Reichelt said she has cleared her evening schedule and has several colleagues who simply don’t want to miss it. Swissquote Group Holding SA is making extra staff available, according to its head of forex, Ryan Nettles.

In the U.S., FXSpotStream’s Schwarz has told his wife to make her own way home that evening, hears banks have beefed up staffing, and has a message for his own team: “Don’t make plans to be anywhere else but here.” In case the vote runs beyond the end of the U.S. trading day, he plans to sleep at the home of another colleague who lives near the office.

Asian trading desks may opt to start their day early, said Schwarz. While firms including Swissquote confirmed they would be staffing the evening from Europe, some banks are saving their resources for what could be an explosive session in Parliament the day after the vote, according to several traders who spoke on condition of anonymity.

Order! Order! A Minute-by-Minute Guide to U.K. Parliament Votes

The most unexpected outcome would be May winning.

“If it does pass, we’ll all go ‘Oh, my god!’” said Norman Villamin, chief investment officer at Union Bancaire Privee Ubp SA.

A shock 320-vote majority for May could lead the pound to rally more than 6 percent from around $1.27 now to $1.35 for Mizuho Bank Ltd. If May loses as expected, traders will be watching the margin of votes for hints on what happens next. Barclays Bank Plc predicts a rejection by more than 75 votes would see the pound plunge to $1.20, a level that could turn up the heat on lawmakers to avoid the U.K. crashing out of the bloc in March.

“The vote could be construed as more important than an election in terms of pound implications,” said Neil Jones, head of currency hedge fund sales at Mizuho. “Depending on the outcome, cable could move more than through an election result.”

The post Pound Traders Glued to Desks as Brexit Vote Nears appeared first on Bloomberg Businessweek Middle East.

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[ellahmacdermott]

Bitstamp: An Overview of the Industry's Oldest Active Exchange

In this guide, we explore Bitstamp and its journey from humble beginnings seven years ago to becoming one of the most popular cryptocurrency exchanges in the world. We’ll also look at the various features of its platform, chiefly trading and acquiring cryptocurrency.

Snapshot

Operating since: August 2011

Location: London, Luxembourg, Slovenia, U.S.

Fiat pairs supported: USD, EUR

Notable cryptocurrencies supported: BTC, ETH, LTC, BCH, XRP

Countries served: Worldwide

Account verification: Proof of identity and address

Funding options: SEPA bank transfer, cryptocurrency, debit/credit card, international bank transfer, AstroPay

Withdrawal options: SEPA bank transfer, cryptocurrency, gold, international bank transfer

Fee structure: Scaled at various levels from 0.25 percent for under $20,000, to 0.10 percent for over $20 million.

A Brief History of the World’s Longest-Running Bitcoin Exchange

On August 22, 2018, Bitstamp celebrated its seventh year in operation as one of the largest bitcoin exchanges in the world. This anniversary makes it the longest-running bitcoin exchange in a sector of the crypto-economy plagued by hacks and exit scams. One of the most notable of these, Mt. Gox, was one of Bitstamp’s first competitors.

Started by Nejc Kodrič and Damijan Merlak in August 2011, the company’s first base was in a Slovenian garage with just a server, a couple of laptops and a thousand euros in capital.

Despite these humble beginnings, Bitstamp has grown into one of the world’s leading bitcoin exchanges, one that has played pioneer to a number of exchange security features and technical standards.

For example, Bitstamp was one of the first exchanges to implement multi-signature technology for its hot wallet. It was also an early adopter of Bitcoin’s SegWit soft fork for lower fees in 2017, and it instituted one of the first insurance funds, secured in cold storage, to reimburse its customers in the event of a hack.

After bouncing back from a theft of 19,000 bitcoins in January 2015, Bitstamp secured its status as a regulated exchange after it received a payment institution license from Luxembourg just over one year later. The license allows it to operate in any of the EU’s 28 countries thanks to the Union’s Single Market policy.

After becoming fully licensed, in July 2017, Bitstamp partnered with Swissquote, a well-respected analytical and finance firm to provide their customers BTC-USD and BTC-EUR trading pairs.

Security First

A great security feature of Bitstamp is that the warning to setup two-factor authentication is displayed on the account balances page as well as when you first sign up. You must also reset your password on the first log in.

Another encouraging aspect of Bitstamp is that the exchange’s internal processes, which includes IT infrastructure and data protection, are audited annually by one of the Big Four accounting firms.

All customer data is protected by using PGP for any uploaded documents, meaning that, even if hackers gain access to Bitstamp’s servers, the sensitive data is encrypted. Connections to their server are encrypted too, so make sure that you look for the green padlock in the URL tab of your browser when visiting the site.

Following the 2015 hack, Bitstamps hot wallets that hold customer funds are now multi-signature, meaning that an attacker would have to dupe more than one employee with a phishing attack, as multiple staff members will need to sign with their key to validate transactions (ote that the 2015 hack occured after a phishing attack on just one of Bitstamp’s staff members).

Liquidity

Bitstamp is one of the largest exchanges on the market, so users are always able to buy and sell cryptocurrencies with no hassle and without dramatically pushing the price up or down due to slippage.

The majority of the volume on Bitstamp, unsurprisingly, goes toward bitcoin, with ether a runner up, taking around 10 percent of the volume in recent days.

Source: https://coinmarketcap.com/exchanges/bitstamp/

While wash trading and fake volume are valid concerns within the wider crypto exchange market, a recent report from the Blockchain Transparency Institute found that Bitstamp’s reported volume was closely aligned with the researchers’ more accurate estimation of the true volume. Another update to the rankings is expected in September 2018.

Bitstamp is one of a handful of bitcoin exchanges where evidence of wash trading was not uncovered.

Reputation

As the longest-running exchange for bitcoin, Bitstamp has a pretty solid reputation. The fact that it is regulated as a payment institution in the EU also gives the exchange credibility and, in the event regulations are tightened, Bitstamp should be well-placed to overcome any difficulties.

In June 2014, Bitstamp was awarded the Best Virtual Currency Startup at the Europas, placing above U.K.-based bitcoin exchange Coinfloor, peer-to-peer marketplace Localbitcoins and blockchain analytics firm Elliptic.

Fiat-to-Crypto

Bitstamp allows you to convert fiat, namely EUR and USD, into the most popular cryptocurrencies and vice versa. All of the available cryptocurrencies are traded against BTC, EUR and USD.

If you are located in the European Union, SEPA bank transfers should take anywhere between 24 hours to three business days. International bank transfers will be much slower, in the range of two to five business days. SEPA transfers are free of charge; however, a small fee applies to international bank deposits of 0.05 percent.

The bank handling fiat transactions for Bitstamp is known as Gorenjska banka, a Slovenian financial institution founded in 1955. Gorenjska operates over a wide range of operations, including banking and financial services for individuals and corporations, along with a presence in the rental market for safety deposit boxes, insurance, real estate and forex markets. As Slovenia falls under the EU’s Single Market, Gorenjska follows the same standards as, and is regulated in a similar fashion to, German or French banks.

Bitstamp is one of the few major exchanges that does not rely on Tether. Whether or not the stablecoin is backed up by sufficient USD reserves is a story for another day, but there has been a lot of debate about whether USDT is genuinely backed up by U.S. dollars or whether it could be an elaborate ploy to manipulate the markets.

By not relying on Tether and not holding Tether reserves, Bitstamp will survive in the (unlikely) event of a market-wide panic should Tether collapse.

Gold Withdrawals

Crypto advocates and gold bugs often overlap, nevertheless, there are some that believe that crypto will make gold as a store of value obsolete. Others see the two assets as complementary.

Bitstamp’s gold withdrawal feature makes it truly unique. The feature was introduced in January 2016, with the precious metal sourced from the well-established firm Moro & Kunst d.o.o. To withdraw gold, you must be an EU resident and have a USD balance in your account. The rate is fixed at time of withdrawal and customers can expect to receive their gold bars in two to five business days.

Trading Interface

The trading interface on Bitstamp is eye-catching and provides detailed information about markets, such as the order book and market depth, and traders can apply technical indicators such as Bollinger bands.

In combination with a technical analysis, SMS price alerts may be a useful alternative to limit orders and market orders. For instance, you may be waiting for a breakout above a particular level and want to assess the situation if the breakout occurs instead of buying or selling once that level is hit. Using SMS price alerts, we can set these alerts at key resistances/supports and evaluate the situation as it unfolds before committing to a purchase or sale of cryptocurrency.

Using Bitstamp’s API feature, advanced traders can set up trading bots to automatically execute trades. For example, Stefan van As introduced the Nefertiti bot in 2017 which is compatible with Bitstamp, as well as the open-source trading bot Gekko. If you are well-versed in programming, then you might even be able to write your own trading bots using the functions here.

Fee Structure

Withdrawing crypto is free, unlike some exchanges like HitBTC which charge for both deposits and withdrawals. Other reputable exchanges often charge for withdrawals of cryptocurrency. As a crypto appreciates or depreciates, these withdrawal fees are not usually changed in line with price changes.

Fees are also relatively low for bank transfers: €0.09 for SEPA transfers for those in Europe, which is basically the same as Kraken.

Depending on your cumulative 30-day volume, fees on trading pairs when buying or selling in the market start at 0.25 percent declining to 0.10 percent if your 30-day volume exceeds $20 million, again similar to Kraken.

Altcoin Support

Only bitcoin, bitcoin cash, litecoin, ripple and ether are offered, which may be an indicator that Bitstamp is acting cautiously by not adding every coin under the sun.

Bitstamp also stopped adding bitcoin fork coins such as bitcoin gold and bitcoin private, after adding bitcoin cash. Thus, for altcoin traders, Bitstamp is probably not the exchange to go to, as many opportunities are not available. Binance, Bittrex and Poloniex can better serve altcoin traders, with a wider variety and more potential opportunities to profit.

KYC Verification Processes

The fact that the exchange requires you to identify yourself and provide a proof of address may be a downside for some. In this case, decentralized exchanges may be a better option, instead of submitting your identity and address.

The exchange has been working with Onfido, a KYC technology provider, since February 2018, to reduce and automate the time needed for verification.

Unlike other exchanges, there is only one verification level, so once you have submitted your documents, you will not need to do anything further, and you can expect the process to be completed within 48 hours. However, during the crypto frenzy toward the end of 2017, the verification time was delayed as demand far exceeded Bitstamp’s ability to take on new customers, and the exchange temporarily halted new sign-ups.

Trading

With platforms such as Kraken and BitMEX, users can leverage their positions to increase profit potential for their trades. WIth Bitstamp, there is no margin trading.

While some advanced traders might miss this feature, the fact that there is no margin trading may be a slight positive aspect for some who are not accustomed to taking such risky trades, and beginner/amateur traders may want to practice on Bitstamp using market/limit orders to buy/sell cryptos before trading with leverage.

Market and instant orders both buy/sell immediately at the best available price, and they differ only in that you can determine the quantity you wish to purchase with market orders. Limit orders allow you to set a level, or “limit,” you want to enter and exit a trade and is executed automatically once the market reaches the limit. Finally, stop orders allow you to limit your losses in case the market moves against you after you buy or sell or if you want to set up a trade to execute a buy/sell on a breakout.

Verdict

Overall, Bitstamp is a solid bitcoin exchange, ideal for European citizens. Despite not having margin trading, Bitstamp is a good choice for acquiring cryptocurrency due to its reputation, free withdrawals of cryptos and competitive fees. The ability to withdraw in gold is also a useful feature for those cryptocurrency investors who have not yet diversified into precious metals.

Margin trading and the addition of a handful more altcoins that have real-world utility could make this exchange even more potential for taking market share. Similarly, the addition of an autonomous exchange, in which cryptocurrency projects list their own crypto assets autonomously, similar to Huobi’s HADAX exchange, could be used as a preliminary stage before adding new cryptocurrencies to the main exchange.

This article originally appeared on Bitcoin Magazine.

from InvestmentOpportunityInCryptocurrencies via Ella Macdermott on Inoreader https://bitcoinmagazine.com/articles/bitstamp-overview-industrys-oldest-active-exchange/

[bowsetter]

Online Bank Swissquote Begins Offering Clients Access to ICOs

Swissquote, a provider of online financial and trading services in Switzerland, has announced that its clients can now participate in initial coin offerings through its platform. The Swiss bank takes care of both the execution and the custody of tokens. In addition, the bank offers the trading of five major cryptocurrencies.

Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space

Swissquote’s ICO Service

Swiss online bank Swissquote announced on Monday that it has become “the first bank worldwide to offer its clients the opportunity to participate in initial coin offerings (ICOs).” With its new service, the firm described:

Clients can purchase coins (also named ‘tokens’) issued by a company directly against Swiss francs, using their trading account. Swissquote takes care of the execution as well as of the custody of the tokens.

Swissquote, a member of the Swiss Bankers Association, holds a banking license issued by the Swiss Federal Financial Market Supervisory Authority (FINMA). Its parent company, Swissquote Group Holding Ltd., is listed on the SIX Swiss Exchange.

The first ICO the bank has chosen to list on its platform is issued by Lakediamond. Incorporated in 2015, the Swiss startup explained that it was built “on years of research at EPFL (Swiss Federal Institute of Technology in Lausanne).” Moreover, the company claims that it is “developing reactors capable of growing ultra-pure diamonds, and exploring potential high-tech industrial applications.”

Currently, the option to sell tokens is unavailable. However, Swissquote noted that it will work with Lakediamond to allow clients to sell their tokens from within their trading accounts. The bank further asserted, “It is also possible that a third-party cryptocurrency exchange will enable the trading of Lakediamond tokens.”

Criteria for Listing ICOs

On its website, Swissquote explained that it has “strict criteria that companies need to fulfill” for their tokens to be listed on its platform, stating:

We consider only mature projects, ready to be launched, and want to review who the management is, what the business is, what the financials are and what the legal situation is. Then, we select the projects that we think will be of interest to our clients.

For ICO issuers, the bank offers a number of services such as banking, anti-money laundering (AML), know-your-customer (KYC), communications and marketing.

The banking services include “accounts, payments, foreign exchange, securities trading, etc,” the bank detailed, adding that it also provides cryptocurrency services which include custody and trading. The bank noted:

Customers need to have a Swissquote trading account to participate in a token pre-sale.

Other Crypto Offerings

In December last year, Swissquote announced that it had become “the first bank to offer five cryptocurrencies: bitcoin, bitcoin cash, ether, litecoin, and ripple.” The bank detailed on its website, “You must hold a Swissquote trading account with cash available in EUR and/or USD. Currently, CHF is not available.” BTC has been available on its platform since July last year.

In addition, the bank launched Swissquote Bitcoin Active Index (SQXBTQ) on Nov. 17 last year. The index, issued by Leonteq Securities AG, is a SIX tracker certificate with the maturity date of Oct. 11, 2020.

What do you think of Swissquote offering clients access to ICOs? Do you think more banks should do the same? Let us know in the comments section below.

Images courtesy of Shutterstock and Swissquote.

Need to calculate your bitcoin holdings? Check our tools section.

The post Online Bank Swissquote Begins Offering Clients Access to ICOs appeared first on Bitcoin News.

READ MORE http://bit.ly/2qbkfy5

[fxasker-blog]

HOW DO I PLACE A PENDING ORDER IN MT5 WITH XGLOBAL MARKETS?

HOW DO I PLACE A PENDING ORDER IN MT5 WITH XGLOBAL MARKETS? Read More http://fxasker.com/question/d69f24e4fb6610d1/ FXAsker

[giracoinbank-blog]

Suiza tiene fiebre de Bitcoin, pero ¿qué hay de la nueva tecnología?

New Post has been published on https://giracoin-mining.com/blog/suiza-tiene-fiebre-de-bitcoin-pero-que-hay-de-la-nueva-tecnologia/

Suiza tiene fiebre de Bitcoin, pero ¿qué hay de la nueva tecnología?

La moneda digital Bitcoin está en boca de todos. Techno-junior e inversores hablan de una revolución. Suiza se ha convertido en un lugar importante. Pero pronto la industria estará más regulada.

Es invierno y la nieve está levantada temprano este año. El Leimental está dominado por Agglo Tristesse. Quien pasa a través del granizado en Oberwil BL, casi no tiene la sensación de que aquí está trabajando en algún lugar de una maravilla de la tecnología, que trae el mundo financiero actualmente de la cabaña. Un fust, una tienda departamental Coop y garajes de autos completan la imagen.

El auge de Bitcoin atrae a los inversores. Aparecen nuevas “monedas” digitales. Mientras tanto, muchos ya hablan de una burbuja y advierten de los riesgos.

En el primer piso de una de estas casas adosadas, que una vez debió haber sido la última locura como tienda, la empresa Gira Financial Group montó sus tiendas de campaña. La sede operativa de la compañía está ubicada en Hergiswil en Nidwalden, pero la administración opera desde Baselbiet. Fue fundada por el antiguo comerciante de productos básicos Gian-Carlo Collenberg, su amigo de la escuela, el ingeniero Ramón Simón, el médico y científico informático Raja Yogarajah y su hermano Gnana.

Su primer producto fue una criptomoneda que llamaron Giracoin. La moneda digital se programó principalmente en India. Mientras tanto, la compañía ha crecido, alrededor de 50 empleados en todo el mundo, 80 000 clientes están registrados hoy y la empresa estaba de acuerdo con Collenberg después de tres meses de auto mantenimiento. La información no puede ser revisada.

Die Gründer der Gira Financial Group: Gnana Yogarajah, Ramon Simon, Raja Yogarajah und Gian-Carlo Collenberg (v. l.).

© Chris Iseli

Una cosa es cierta: Collenberg y sus cofundadores viajan en una ola que alcanza dimensiones increíbles en todo el mundo. Desde el auge de la criptomoneda Bitcoin, que ha existido desde 2009, los inversores se están hundiendo en las empresas que ofrecen esas monedas. Un bitcoin ahora cuesta $ 18,000. En la mitad de la semana, el precio colapsó en un 10 por ciento.

Si quería comprar un Bitcoin hace un año, solo pagó $ 1,000 por él, y para el final de 2015 era incluso la mitad. Algunos inversores, incluidos los de Suiza, se han convertido en millonarios inversores en Bitcoin en muy poco tiempo. A partir de esta semana, la bolsa de materias primas más grande del mundo, Chicago Mercantile Exchange (CME), ha hecho posible el uso de los llamados futuros sobre valores de Bitcoin en aumento o en descenso.

Hay muchos Warner, como el poderoso gerente del banco Jamie Dimon, director general del banco estadounidense JP Morgan Chase, que habla abiertamente de fraude. La Comisión de la UE también advierte contra los riesgos de la moneda cibernética. De hecho, también existe el riesgo de que el dinero se pueda usar para transacciones ilegales. Los historiadores comparan la euforia actual alrededor del Bitcoin con la manía del tulipán que condujo a la primera caída del mercado de valores de la era moderna en el siglo XVII.

  Los especialistas ya han calculado que la valoración de bitcoins en relación con el rendimiento es tan alta como casi ningún otro valor de seguridad. Para muchos, eso ha sido una indicación en el pasado de que una burbuja podría explotar. Pero está en juego. El banco en línea suizo Swissquote abrió esta semana en su plataforma de negociación con otras cuatro monedas criptográficas. Además de Bitcoin, que ha estado en oferta desde el año pasado, ahora también se puede comprar y vender efectivo en Ether, Litecoin, Ripple y Bitcoin. Estas monedas también han informado niveles récord en las últimas semanas.

«Money Maker» en suéteres

De vuelta a Baselbiet. Collenberg y su equipo no serían reconocidos como administradores de dinero inteligente por mucho con sus suéteres y jeans. Su entrenamiento tampoco sugiere que sean especialistas en criptología. Pero los emprendedores de nueva creación ahora emplean a una de las firmas de abogados más reconocidas en el país, están bajo el cuidado de una oficina de relaciones públicas, asesorados por un consejo asesor y supervisados ​​voluntariamente por el Finma.

Y tienen muchos planes: después del lanzamiento de la primera moneda de Internet llega en enero, una segunda versión. Se está construyendo una oficina de intercambio virtual para monedas de Internet o también un proyecto en los Alpes, donde los servidores de computadoras, operados con energía sostenible, ganarán dinero virtual en establos en desuso.

A pesar de toda la euforia sobre el nuevo dinero digital: es sobre todo la llamada tecnología blockchain, que está detrás de la criptomoneda, que fascina no solo a los fundadores de Giracoin. Los expertos dicen que esta tecnología promete aplicaciones completamente nuevas, como el almacenamiento seguro de contratos, identidades digitales o literatura científica. Sí, mientras tanto, incluso hay proyectos en los que las máquinas deberían estar conectadas entre sí de esta manera.

Si escuchas las ideas de los tecnócratas de hoy en día, recuerda la época del primer boom de Internet a principios de la década de 2000. Incluso entonces, los muchos fundadores se comunicaron en una jerga técnica que nadie entendió, y hablaron de planes nobles y un futuro deslumbrante. “A veces pienso que todo esto no puede ser cierto”, dice Collenberg. “Hoy, miles de millones se invierten en compañías que ofrecen nada más que un concepto. Todo atrae a muchos imitadores dudosos ».

De hecho: A medida que el auge de Internet del nuevo milenio, esta vez a menudo difícil decir cuál, el trabajo en serio por las nuevas empresas que ofrecen monedas y que no lo son. Uno lee del récord de $ 8 mil millones invertidos en las llamadas “ofertas iniciales de monedas” (ICO), y se frota los ojos. De hecho, muchas de estas start-ups apenas existen en papel y ya han recibido millones.

También Collenberg y sus colegas han recibido dinero de los clientes, pero no era un ICO real. Se han basado en el marketing agresivo de Internet para ganar clientes. Aunque este método relativamente barato ha resultado exitoso, tiene una mala reputación. “Hoy probablemente lo hagamos de manera diferente”.

  La encriptación necesita energía

Pero, ¿qué es una criptomoneda? ¿Y qué significa Blockchain? ¿Y por qué el proceso de producción de unidades monetarias denominado “minería” se basa en la extracción de oro? Primero, la moneda digital, como Bitcoin, no es más que una base de datos cifrada. Una y otra vez, se usa el término “criptografía”: esta es la ciencia del cifrado.

Cualquier cambio en la base de datos, en el caso de una moneda, es la compra o venta, pero también el saldo de la cuenta de un usuario, se registra de forma transparente. Esto crea cadenas de paquetes de datos cifrados. El cifrado en sí es muy intensivo en cómputo, por lo que en el caso de Bitcoin se subcontrata a millones de usuarios.

Suiza se ha convertido rápidamente en una de las principales ubicaciones de tecnología digital de monedas y blockchain del mundo. Esto produce gracias a la afluencia de cabezas bien conocidas como el danés Niklas Nikolajsen, que fundó en 2013 Bitcoin Suisse, el Johann Gevers Sudáfrica, que está con su puesta en marcha Monetas y la moneda digital Tezos estos momentos muy bajo ataque, y fundador Etereum Vitalik Buterin, quien desde entonces se mudó a Singapur.

En los últimos meses, se han lanzado cuatro de las seis ICO más importantes de Suiza, incluido Tezos, que ha recaudado $ 238 millones. El dinero recaudado es así administrado por muchas fundaciones suizas. Este nuevo auge llevó a la Autoridad de Supervisión del Mercado Financiero (FINMA) para actuar: Así que la aparente criptomoneda e-monedas fue retirado de la circulación, tres empresas fueron puestos en la lista de advertencias y otros once investigación anunciada “por otra, presumible mente, de modelos de negocio no autorizadas”.

El hecho de que la ciudad de Zug esté completamente en el mapa y quiera posicionarse en todo el mundo como una de las ubicaciones centrales de la nueva tecnología y de los bitcoins aceptados como medio de pago oficial, es bienvenida en muchos lugares. Para muchos observadores, sin embargo, está claro que existen riesgos asociados con esta industria, similares a los comerciantes de productos básicos. Esto también ha sido reconocido por la asociación de la industria recientemente establecida “Cryptovalley”, como dice su portavoz Tom Lyons. Este fue también el tema de la segunda mesa redonda de Fintech, organizada por el Departamento de Finanzas a principios de diciembre y presidida por el Consejero Federal Ueli Maurer.

Se ha establecido claramente que el área está más regulada. “La pregunta no es si la industria está regulada, sino solo cuándo”, dice Lyons. La autor regulación se destaca en primer plano para él. En enero se publicará un “Código de conducta” por separado, un tipo de norma de conducta.

El auge está llegando a más y más círculos. Los grandes bancos están en el proceso de descubrir nuevas aplicaciones. Swisscom, que ha estado investigando la tecnología desde 2015, fundó Swisscom Blockchain AG en septiembre y está trabajando en un proyecto de registro comercial, por ejemplo. El martes pasado, Crypto Finance, empresa de nueva creación de FinTech, con sede en Zug, anunció que solicitaría una licencia bancaria a la Autoridad del Mercado Financiero.

Ha recaudado CHF 16 millones de empresas e inversores suizos. Entre otras cosas, se dice que se unió el pionero de los fondos de cobertura y ex miembro de la junta directiva de UBS, Rainer-Marc Frey. El nuevo cripto banco fue fundado por el ex banquero de UBS Jan Brzezek. La junta directiva incluye a Raymond Bär, ex presidente del Banco Julius Baer.

Para Gian-Carlo Collenberg y sus co-fundadores, el punto es que el lanzamiento del nuevo dinero está yendo sin problemas. A diferencia de Bitcoin, cuyo código está disponible gratuitamente y se almacena de forma remota en millones de computadoras, la nueva versión de Giracoin funciona en un sistema cerrado.

Por otro lado, desea abrir la versión anterior de Giracoin y desbloquear el código del programa. “Nuestros socios tienen una idea de nuestra nueva plataforma. A petición, también lo ponemos a disposición de Finma », dice Collenberg. El código cerrado asegura que la cadena de bloques no puede ser manipulada por ataques desde el exterior. Esto hace posible usar el sistema para otros fines.

Sin embargo, muchas cosas todavía parecen un sueño del futuro, como lo sabe Collenberg. Pronto los jóvenes empresarios quieren mudarse a nuevas instalaciones. Pronto dejarán atrás al viejo Mief.

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Swissquote posts 900% rise in net profit in 2016 Swissquote Bank (SWX:SQN), a Swiss online financial and trading service provider, posted a 900% rise in its net profit for 2016, shows the annual financial report. According to the data, it stood at CHF 20.8 million. In comparison, in 2015 it was CHF 2.1 million. The company’s net revenue in 2016...

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manchester united ambassadors makes stopover at swissquote bank’s dubai office

Football legend Dwight Yorke and Peter Schmeichel, one of the greatest goalkeepers of professional British club Manchester United visited the Swissquote Bank head office in Downtown Dubai today (February 2, 2017). Swissquote Bank, the Swiss online bank and FX marketplace, has been a global partner of Manchester United since 2015 and is the club’s first Official Global Forex and Online Financial…

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Suiza tiene fiebre de Bitcoin, pero ¿qué hay de la nueva tecnología?

New Post has been published on http://giracoin-bank.com/blog/2017/12/22/suiza-tiene-fiebre-de-bitcoin-pero-que-hay-de-la-nueva-tecnologia/

Suiza tiene fiebre de Bitcoin, pero ¿qué hay de la nueva tecnología?

La moneda digital Bitcoin está en boca de todos. Techno-junior e inversores hablan de una revolución. Suiza se ha convertido en un lugar importante. Pero pronto la industria estará más regulada.

Es invierno y la nieve está levantada temprano este año. El Leimental está dominado por Agglo Tristesse. Quien pasa a través del granizado en Oberwil BL, casi no tiene la sensación de que aquí está trabajando en algún lugar de una maravilla de la tecnología, que trae el mundo financiero actualmente de la cabaña. Un fust, una tienda departamental Coop y garajes de autos completan la imagen.

El auge de Bitcoin atrae a los inversores. Aparecen nuevas “monedas” digitales. Mientras tanto, muchos ya hablan de una burbuja y advierten de los riesgos.

En el primer piso de una de estas casas adosadas, que una vez debió haber sido la última locura como tienda, la empresa Gira Financial Group montó sus tiendas de campaña. La sede operativa de la compañía está ubicada en Hergiswil en Nidwalden, pero la administración opera desde Baselbiet. Fue fundada por el antiguo comerciante de productos básicos Gian-Carlo Collenberg, su amigo de la escuela, el ingeniero Ramón Simón, el médico y científico informático Raja Yogarajah y su hermano Gnana.

Su primer producto fue una criptomoneda que llamaron Giracoin. La moneda digital se programó principalmente en India. Mientras tanto, la compañía ha crecido, alrededor de 50 empleados en todo el mundo, 80 000 clientes están registrados hoy y la empresa estaba de acuerdo con Collenberg después de tres meses de auto mantenimiento. La información no puede ser revisada.

Die Gründer der Gira Financial Group: Gnana Yogarajah, Ramon Simon, Raja Yogarajah und Gian-Carlo Collenberg (v. l.).

© Chris Iseli

Una cosa es cierta: Collenberg y sus cofundadores viajan en una ola que alcanza dimensiones increíbles en todo el mundo. Desde el auge de la criptomoneda Bitcoin, que ha existido desde 2009, los inversores se están hundiendo en las empresas que ofrecen esas monedas. Un bitcoin ahora cuesta $ 18,000. En la mitad de la semana, el precio colapsó en un 10 por ciento.

Si quería comprar un Bitcoin hace un año, solo pagó $ 1,000 por él, y para el final de 2015 era incluso la mitad. Algunos inversores, incluidos los de Suiza, se han convertido en millonarios inversores en Bitcoin en muy poco tiempo. A partir de esta semana, la bolsa de materias primas más grande del mundo, Chicago Mercantile Exchange (CME), ha hecho posible el uso de los llamados futuros sobre valores de Bitcoin en aumento o en descenso.

Hay muchos Warner, como el poderoso gerente del banco Jamie Dimon, director general del banco estadounidense JP Morgan Chase, que habla abiertamente de fraude. La Comisión de la UE también advierte contra los riesgos de la moneda cibernética. De hecho, también existe el riesgo de que el dinero se pueda usar para transacciones ilegales. Los historiadores comparan la euforia actual alrededor del Bitcoin con la manía del tulipán que condujo a la primera caída del mercado de valores de la era moderna en el siglo XVII.

  Los especialistas ya han calculado que la valoración de bitcoins en relación con el rendimiento es tan alta como casi ningún otro valor de seguridad. Para muchos, eso ha sido una indicación en el pasado de que una burbuja podría explotar. Pero está en juego. El banco en línea suizo Swissquote abrió esta semana en su plataforma de negociación con otras cuatro monedas criptográficas. Además de Bitcoin, que ha estado en oferta desde el año pasado, ahora también se puede comprar y vender efectivo en Ether, Litecoin, Ripple y Bitcoin. Estas monedas también han informado niveles récord en las últimas semanas.

«Money Maker» en suéteres

De vuelta a Baselbiet. Collenberg y su equipo no serían reconocidos como administradores de dinero inteligente por mucho con sus suéteres y jeans. Su entrenamiento tampoco sugiere que sean especialistas en criptología. Pero los emprendedores de nueva creación ahora emplean a una de las firmas de abogados más reconocidas en el país, están bajo el cuidado de una oficina de relaciones públicas, asesorados por un consejo asesor y supervisados ​​voluntariamente por el Finma.

Y tienen muchos planes: después del lanzamiento de la primera moneda de Internet llega en enero, una segunda versión. Se está construyendo una oficina de intercambio virtual para monedas de Internet o también un proyecto en los Alpes, donde los servidores de computadoras, operados con energía sostenible, ganarán dinero virtual en establos en desuso.

A pesar de toda la euforia sobre el nuevo dinero digital: es sobre todo la llamada tecnología blockchain, que está detrás de la criptomoneda, que fascina no solo a los fundadores de Giracoin. Los expertos dicen que esta tecnología promete aplicaciones completamente nuevas, como el almacenamiento seguro de contratos, identidades digitales o literatura científica. Sí, mientras tanto, incluso hay proyectos en los que las máquinas deberían estar conectadas entre sí de esta manera.

Si escuchas las ideas de los tecnócratas de hoy en día, recuerda la época del primer boom de Internet a principios de la década de 2000. Incluso entonces, los muchos fundadores se comunicaron en una jerga técnica que nadie entendió, y hablaron de planes nobles y un futuro deslumbrante. “A veces pienso que todo esto no puede ser cierto”, dice Collenberg. “Hoy, miles de millones se invierten en compañías que ofrecen nada más que un concepto. Todo atrae a muchos imitadores dudosos ».

De hecho: A medida que el auge de Internet del nuevo milenio, esta vez a menudo difícil decir cuál, el trabajo en serio por las nuevas empresas que ofrecen monedas y que no lo son. Uno lee del récord de $ 8 mil millones invertidos en las llamadas “ofertas iniciales de monedas” (ICO), y se frota los ojos. De hecho, muchas de estas start-ups apenas existen en papel y ya han recibido millones.

También Collenberg y sus colegas han recibido dinero de los clientes, pero no era un ICO real. Se han basado en el marketing agresivo de Internet para ganar clientes. Aunque este método relativamente barato ha resultado exitoso, tiene una mala reputación. “Hoy probablemente lo hagamos de manera diferente”.

  La encriptación necesita energía

Pero, ¿qué es una criptomoneda? ¿Y qué significa Blockchain? ¿Y por qué el proceso de producción de unidades monetarias denominado “minería” se basa en la extracción de oro? Primero, la moneda digital, como Bitcoin, no es más que una base de datos cifrada. Una y otra vez, se usa el término “criptografía”: esta es la ciencia del cifrado.

Cualquier cambio en la base de datos, en el caso de una moneda, es la compra o venta, pero también el saldo de la cuenta de un usuario, se registra de forma transparente. Esto crea cadenas de paquetes de datos cifrados. El cifrado en sí es muy intensivo en cómputo, por lo que en el caso de Bitcoin se subcontrata a millones de usuarios.

Suiza se ha convertido rápidamente en una de las principales ubicaciones de tecnología digital de monedas y blockchain del mundo. Esto produce gracias a la afluencia de cabezas bien conocidas como el danés Niklas Nikolajsen, que fundó en 2013 Bitcoin Suisse, el Johann Gevers Sudáfrica, que está con su puesta en marcha Monetas y la moneda digital Tezos estos momentos muy bajo ataque, y fundador Etereum Vitalik Buterin, quien desde entonces se mudó a Singapur.

En los últimos meses, se han lanzado cuatro de las seis ICO más importantes de Suiza, incluido Tezos, que ha recaudado $ 238 millones. El dinero recaudado es así administrado por muchas fundaciones suizas. Este nuevo auge llevó a la Autoridad de Supervisión del Mercado Financiero (FINMA) para actuar: Así que la aparente criptomoneda e-monedas fue retirado de la circulación, tres empresas fueron puestos en la lista de advertencias y otros once investigación anunciada “por otra, presumible mente, de modelos de negocio no autorizadas”.

El hecho de que la ciudad de Zug esté completamente en el mapa y quiera posicionarse en todo el mundo como una de las ubicaciones centrales de la nueva tecnología y de los bitcoins aceptados como medio de pago oficial, es bienvenida en muchos lugares. Para muchos observadores, sin embargo, está claro que existen riesgos asociados con esta industria, similares a los comerciantes de productos básicos. Esto también ha sido reconocido por la asociación de la industria recientemente establecida “Cryptovalley”, como dice su portavoz Tom Lyons. Este fue también el tema de la segunda mesa redonda de Fintech, organizada por el Departamento de Finanzas a principios de diciembre y presidida por el Consejero Federal Ueli Maurer.

Se ha establecido claramente que el área está más regulada. “La pregunta no es si la industria está regulada, sino solo cuándo”, dice Lyons. La autor regulación se destaca en primer plano para él. En enero se publicará un “Código de conducta” por separado, un tipo de norma de conducta.

El auge está llegando a más y más círculos. Los grandes bancos están en el proceso de descubrir nuevas aplicaciones. Swisscom, que ha estado investigando la tecnología desde 2015, fundó Swisscom Blockchain AG en septiembre y está trabajando en un proyecto de registro comercial, por ejemplo. El martes pasado, Crypto Finance, empresa de nueva creación de FinTech, con sede en Zug, anunció que solicitaría una licencia bancaria a la Autoridad del Mercado Financiero.

Ha recaudado CHF 16 millones de empresas e inversores suizos. Entre otras cosas, se dice que se unió el pionero de los fondos de cobertura y ex miembro de la junta directiva de UBS, Rainer-Marc Frey. El nuevo cripto banco fue fundado por el ex banquero de UBS Jan Brzezek. La junta directiva incluye a Raymond Bär, ex presidente del Banco Julius Baer.

Para Gian-Carlo Collenberg y sus co-fundadores, el punto es que el lanzamiento del nuevo dinero está yendo sin problemas. A diferencia de Bitcoin, cuyo código está disponible gratuitamente y se almacena de forma remota en millones de computadoras, la nueva versión de Giracoin funciona en un sistema cerrado.

Por otro lado, desea abrir la versión anterior de Giracoin y desbloquear el código del programa. “Nuestros socios tienen una idea de nuestra nueva plataforma. A petición, también lo ponemos a disposición de Finma », dice Collenberg. El código cerrado asegura que la cadena de bloques no puede ser manipulada por ataques desde el exterior. Esto hace posible usar el sistema para otros fines.

Sin embargo, muchas cosas todavía parecen un sueño del futuro, como lo sabe Collenberg. Pronto los jóvenes empresarios quieren mudarse a nuevas instalaciones. Pronto dejarán atrás al viejo Mief.