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Is cryptocurrency the future of money?

What will the future of money look like? Imagine entering a restaurant and looking at the digital menu board for your favorite combined meal. Only, instead of being priced at $ 8.99, it is shown as 009 BTC.
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Can cryptocurrency really be the future of money? The answer to that question depends on a general consensus on several key decisions ranging from ease of use to safety and regulation.

Let’s examine both sides of the (digital) coin and compare and compare traditional fiat money with cryptocurrency.

The first and most important component is trust.

It is imperative that people trust the currency they use. What gives the dollar its value? Is it gold? No, the dollar has not been backed by gold since the 1970s. So what is the value of the dollar (or any other fiat currency)? The currency of some countries is considered more stable than others. After all, people’s trust is that the government that issued the money stands firmly behind it and essentially guarantees its “value”.
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How does trust work with Bitcoin since it is decentralized, meaning that their body is not a governing body that issues coins? Bitcoin is on a blockchain that is basically an online bookkeeping book that allows the whole world to see every transaction. Each of these transactions is verified by miners (people who use computers on an equal footing) to prevent fraud and ensure that there is no double spending. In exchange for their blockchain integrity services, miners receive payment for each transaction they verify. Since there are countless miners trying to make money, each checks each other for mistakes. This proof of workflow is the reason why the blockchain was never hacked. In essence, this trust is what gives Bitcoin value.

Then let’s look at the closest friend of trust, security.

How about if my bank is robbed or there is fraudulent activity on my credit card? My bank deposits are covered by FDIC insurance. Chances are my bank will also cancel all charges on my card that I never made. This does not mean that criminals will not be able to perform stunts that are frustrating and time-consuming to say the least. It is more or less peace of mind that comes from knowing that I will most likely be healed from any wrongdoing against me.

In crypto, there are many choices when it comes to where to store your money. It is important to know whether the transactions are insured for your protection. There are reputable exchanges such as Binance and Coinbase that have proven records of correcting injustices for their clients. Just as there are fewer reputable banks around the world, the same is true for cryptocurrencies.

What happens if I throw a twenty-dollar bill into the fire? The same goes for cryptocurrencies. If I lose my credentials to sign up for a particular digital wallet or exchange, then I will not be able to access those coins. Again, I cannot stress enough the importance of doing business with a reputable company.

The next question is scaling. Currently, this could be the biggest hurdle preventing people from conducting multiple blockchain transactions. When it comes to transaction speed, fiat money moves much faster than crypto. Visa can process about 40,000 transactions per second. Under normal circumstances, a blockchain can only handle about 10 per second. However, a new protocol is being adopted that will increase this to 60,000 transactions per second. Known as the Lightning Network, it could result in the conversion of cryptocurrencies into the future of money.

The conversation would not be complete without talking about the benefits. What do people usually like in their traditional methods of banking and spending? For those who prefer cash, it is obviously easy to use most of the time. If you are trying to book a hotel room or rent a car, you need a credit card. I personally use my credit card wherever I go for convenience, security and rewards.

Did you know that there are companies that provide all this in the crypto space as well? Monaco is now issuing cards with the Visa logo that automatically convert your digital currency into local currency for you.

If you have ever tried to send money to someone, you know that this process can be very tedious and expensive. Blockchain transactions allow the user to send cryptocurrencies to anyone in just a few minutes, no matter where they live. It is also much cheaper and safer than sending a bank transfer.

There are other modern methods of money transfer that exist in both worlds. Take, for example, apps like Zelle, Venmo and Messenger Pay. These applications are used daily by millions of millennials. Did you also know that they start with the inclusion of cryptocurrencies?

The Square Cash app now includes Bitcoin, and CEO Jack Dorsey said, “Bitcoin doesn’t stop us from buying and selling. We believe this is a transformation technology for our industry and we want to learn as soon as possible.”

He added: “Bitcoin offers an opportunity for more people to gain access to the financial system.”

While it is clear that fiat spending still dominates the way most of us transfer money, the new crypto system is quickly getting hit. Evidence is everywhere. Prior to 2017, it was difficult to find media coverage. Now almost every big business news item covers Bitcoin. From Forbes to Fidelity, they all weigh their opinions.

what is my opinion Perhaps the biggest reason why Bitcoin could succeed is because it is honest, inclusive, and provides financial access to more people around the world. Banks and large institutions see this as a threat to their existence. They are at the losing end of the greatest wealth transfer the world has ever seen.

Still undecided? Ask yourself this question: “Do people trust governments and banks more or less every day?”

Your answer to that question may be what determines the future of money.

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What is a cryptocurrency?

Cryptocurrency or cryptocurrency (Saxon cryptocurrency) is a virtual currency that serves to exchange goods and services through electronic transaction systems without the need to pass through any intermediary. The first cryptocurrency to be traded was Bitcoin in 2009, and many others have emerged since then, with other features such as Litecoin, Ripple, Dogecoin and others.
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What is the advantage?

When we compare cryptocurrency with money in the ticket, the difference is that:
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They are decentralized: they are not under the control of the bank, the government and any financial institution

Are you anonymous: your privacy is preserved when conducting transactions

They are international: everyone washes with them

They are sure: your coins are yours and from no one else, they are kept in a personal wallet with non-transferable codes that only you know

No intermediaries: transactions are performed from person to person

Fast transactions: interest is charged for sending money to another country and confirmation days are often required; with cryptocurrencies just minutes.
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Non-refundable transactions.

Bitcoins and any other virtual currency can be exchanged for any world currency

They cannot be falsified because they are encrypted with a sophisticated cryptographic system

Unlike currencies, the value of electronic currencies is subject to the oldest rule of the market: supply and demand. “It currently has a value of more than $ 1,000 and as stocks, this value can go up or down in relation to supply and demand.
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What is the origin of Bitcoin?

Bitcoin is the first cryptocurrency created by Satoshi Nakamoto in 2009. He decided to launch a new currency

Its special feature is that you can perform operations only within the network.
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Bitcoin refers to both the currency and the protocol and the red P2P it relies on.

So what is Bitcoin?

Bitcoin is a virtual and intangible currency. That is, you can’t touch any of its shapes like coins or banknotes, but you can use it as a means of payment in the same way as these.
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In some countries, you can cash in using an electronic debit card site that exchanges money with cryptocurrencies such as XAPO. In Argentina, for example, we have more than 200 bitcoin terminals.
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Undoubtedly, what distinguishes Bitcoin from traditional currencies and other virtual means of payment such as Amazon Coins, Action Coins, is decentralization. Bitcoin is not controlled by any government, institution, or financial entity, whether public or private, such as the euro, which is controlled by the Central Bank, or the dollar by the United States Federal Reserve.
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In Bitcoin, they control real, indirectly through their transactions, users through P2 P (Point to Point or Point to Point) exchanges. This structure and lack of control make it impossible for any government to manipulate its value or provoke inflation by producing larger quantities. Its production and value are based on the law of supply and demand. Another interesting detail in Bitcoin is the limit of 21 million coins, which will be reached in 2030.
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How much is Bitcoin worth?
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As we have pointed out, the value of Bitcoin is based on supply and demand, and is calculated using an algorithm that measures the amount of transactions and transactions with Bitcoin in real time. Currently, the price of Bitcoin is 9,300 USD (as of March 11, 2018), although this value is not much less stable and Bitcoin is classified as the most unstable currency in the foreign exchange market.
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What is Bitcoin and why is cryptocurrency so popular?

Bitcoin was a popular word in the financial space. In fact, Bitcoin has exploded on the scene in recent years and many people and many large companies are now jumping on bitcoin or cryptocurrency wanting part of the action.
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People who are completely new to the cryptocurrency space are constantly asking this question; “What exactly is Bitcoin?”

Well, for starters, bitcoin is actually a digital currency that is beyond the control of any federal government, is used around the world and can be used to buy things like your food, drinks, real estate, cars and other things.
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Why is Bitcoin so important?

Bitcoin is not subject to things like government control and fluctuations in foreign currencies. Bitcoin is supported by the full faith (you) of the individual and is strictly equal.
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This means that everyone makes transactions with Bitcoin, the first thing you realize is that it is much cheaper to use than trying to send money from bank to bank or using any other service that requires sending and receiving money internationally.
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For example, if I wanted to send money to say China or Japan, I would have to have a fee from the bank and it would take hours or even days for that money to get there.

If I use Bitcoin, I can easily do so from my wallet or mobile phone or computer right now without any of these fees. If I wanted to send gold and silver, for example, it would require a lot of guards, it would take a lot of time and a lot of money to move the levers from point to point. Bitcoin can do it again with the touch of a finger.
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Why do people want to use Bitcoin?

The main reason is because Bitcoin is a response to these destabilized governments and situations where money is no longer as valuable as it used to be. The money we have now; the paper fiat currency that is in our wallets is worthless and will be worth even less in a year.

We’ve even seen big companies show interest in blockchain technology. A few weeks ago, a poll came out on a handful of Amazon customers to see if they would be interested in using cryptocurrency if Amazon created it. The results showed that many were very interested. Starbucks has even hinted at using the mobile blockchain app. Walmart has even applied for a patent for a “smart package” that will use blockchain technology to track and authenticate the package.

Throughout our lives we have seen many changes happen from the way we shop, watch movies, listen to music, read books, buy cars, look for homes, now how we spend money and banking. Cryptocurrency is here to stay. If you haven’t already, it’s time for anyone to fully study cryptocurrency and learn how to take full advantage of this trend that will continue to thrive over time.

How to make your own cryptocurrency in 4 easy steps

Okay, so cryptocurrency this, bitcoin that!

Enough, there was so much hype about the boom created by virtual currencies that the internet was overloaded with information about how you can make more money by investing in these currencies. But have you ever thought how cool it would be if you could create your own cryptocurrency?

I never thought about that, did I? It’s time to think because in this post we’re going to provide you with a four-step guide to creating your own cryptocurrency. Read the post and then see if you can do it yourself or not!

Step 1 – Community

No, you don’t need to build a community like you do when you plan to dominate social media. Here the game is a little different. You need to find a community of people who you think would buy your currency.

Once you identify the community, it becomes easier to cater to their needs and therefore you can work on building a stable cryptocurrency instead of messing with what you want to achieve.

Remember, you’re not here to be part of a spectator sport – you’re in it to beat it. And, having a community of people who would like to invest in your currency is the best way to do it!

Step 2 – Code

Another important step is coding. You don’t necessarily need to be a master coder to create your own cryptocurrency. There are many open source codes available that you can use.

You can even hire professionals to do the work for you. But when you code, remember one thing – blatant copying will get you nowhere.

You need to bring some uniqueness to your currency to differentiate it from those that already exist. It must be innovative enough to make waves in the market. This is why just copying the code is not enough to stay on top of the cryptocurrency game.

Step 3 – Miners

The third, and most important step in the process is to get some miners involved who will actually mine your cryptocurrency.

This means that you need to have a certain set of people associated with you who can actually spread the word about your currency in the market. You need to have people who can raise awareness of your currency.

This will give you an advantage. And, as they say – well begun is half done; miners can ultimately lay the foundations of a successful journey for your cryptocurrency in the ever-increasing competition.

Step 4 – Marketing

The last thing you need to do as part of the business is to connect with traders who will eventually trade the virtual coins you have created.

In simpler words, you need to market these coins on the battlefield where real people would actually be interested in investing in them. And, this is by no means an easy feat.

You need to earn their trust by letting them know you have something valuable to offer.

How can you get started with it? The best way to initially market your coins is to identify a target audience that knows what cryptocurrency is.

After all, there’s no point in trying to market your stuff to people who don’t even know what cryptocurrency is.

Conclusion

So you can see that building a successful cryptocurrency is more about being aware of market trends and less about being a hardcore techie or avant-garde coder.

If you have that awareness in you, then it’s time to make a boom while the sun shines in the cryptocurrency niche. Go ahead and plan to build your own cryptocurrency by following these simple steps and see how it works out for you!

A Beginner’s Guide to Cryptocurrency Exchange

Cryptocurrency exchange or digital currency exchange is a business that involves the exchange of cryptocurrency with other assets such as money or any other digital currency. It is a web service that provides electronic transactions in electronic forms and charges a fee for them.

All transactions or operations on the digital exchange can be done via debit and credit cards, money order or any other type of money transfer. This article discusses the various cryptocurrency exchanges that make cryptocurrency trading easy for beginners and what they offer in terms of availability, ease of use, security, deposit/withdrawal methods, and fees. We hope this cryptocurrency trading guide can help you get started with cryptocurrency exchanges.

Coinbase/GDAX

Coinbase is one of the largest cryptocurrency exchanges based in San Francisco, California. It is available in 32 countries and currently serves over 10 million customers. Launched in 2012, it has an easy-to-use interface that makes digital currency exchange an easy task for a non-technical person. It is available for both iOS and Android. Unfortunately, Coinbase does not offer cryptocurrency mining for beginners and is only an exchange.

As of now, it offers four coins, Bitcoin, Bitcoin Cash, Ethereum and Litecoin. It exchanges digital currency with US dollars, euros and British pounds. With minimal transfer fees, Coinbase has never experienced any security breach making it the perfect digital currency exchange platform. In addition, Coinbase also offers a fully developed advanced exchange called GDAX. It offers more advanced features and different and better trading fees than Coinbase.

Bitstamp

Bitstamp is another platform that provides digital currency exchange. It is relatively easy to use and offers more advanced features through TradeView. Bitstamp offers coins such as Bitcoin, Litecoin, Ethereum, Bitcoin Cash and ripple. It exchanges digital currency with US dollars and Euros. In this exchange, you can apply all the latest cryptocurrency trading techniques.

It offers flat deposits via bank transfers and supports debit/credit cards. Perhaps the only downsides to be found in Bitstamp are the slightly high fees and the fact that it has suffered one security breach in its 7 years of operation. However, it is one of the most reliable exchanges. It is available for both iOS and Android.

Twins

Gemini is a UK-based company launched in 2015 by the Winklevoss twins. It is available in several countries including the US, Canada, Hong Kong, Singapore and South Korea. One of the downsides of this platform is that it is not particularly user-friendly. So beginners are not recommended to use this platform.

It offers two coins and 1 FLAT currency Bitcoin Cash, Ehtereum and US Dollar. Gemini follows strict protocols when it comes to security and has not encountered a single security breach since 2018, making it one of the safest and most trusted digital currency platforms. However, it is important to have digital currency investment strategies before you start trading.

Digital Ticks

Digital Ticks is a modern crypto exchange that aims to change the game in this sector. They have implemented many of the latest techniques that make it easy for anyone to start trading.

It has a unique feature called Single Portfolio View that would allow traders to view all positions in a single portfolio. It would be easy for traders to make informed decisions regarding cryptocurrency exchange using this unique feature. It also supports Bitcoin, Ethereum, Litecoin and Dashcoin.

Kraken

Kraken is one of the oldest cryptocurrency exchange platforms. Launched in 2011, kraken is the largest exchange by volume and liquidity for EUR trading pairs. Serves worldwide including USA.

Kraken offers a variety of coins including Bitcoin Cash, Ethereum, Monero, Augur, Litecoin and many more. It also supports deposit/withdraw via bank transfers and cryptocurrencies. Having a not so friendly user interface, it also suffers from stability and performance issues, but it is still a good cryptocurrency exchange platform.

Bitfinex

Bitfinex is the largest cryptocurrency exchange platform. Launched in 2012, it has an easy-to-use interface and offers an advanced number of features such as margin trading, margin financing, etc. It is available for both iOS and Android platforms. It offers BTC, BCH, ETH, LTC, IOTA, XMR and NEO.

Like previous cryptocurrency exchanges, it supports payments in US dollars and euros via bank transfers. Bitfinex has suffered two security breaches, the first was in May 2015, resulting in a loss of $330,000. And another in August 2016 that resulted in a loss of $72 million.

EtherDelta

EtherDelta is a decentralized exchange that directly supports peer to peer connection. It is very different from the cryptocurrency exchange platform we talked about earlier. Here, funds are held in a smart contract on the Ethereum network that you are solely responsible for depositing and withdrawing. Currently, EtherDelta only supports Ehtereum based tokens.

EtherDelta has a rather confusing interface that makes it difficult for users to perform cryptocurrency exchange operations. On one occasion, someone tried to buy 750 Kyber for 0.007 ETH each, but ended up buying 0.007 KNC for 750 ETH.

Conclusion

After looking at various cryptocurrency exchange platforms, we can safely say that Coinbase and Bitstamp stand out for their good features such as security, user interface, multiple withdrawal/transfer methods and more.

I wouldn’t call them perfect, but I’d recommend that it’s the safest bet you can make. Each cryptocurrency exchange platform is unique in its own way and has advantages and disadvantages. All we have to do is choose the one that suits our needs. We hope this guide on basic exchange and cryptocurrency trading will give you a head start on your cryptocurrency trading journey.

The best discount for selling tokens and cryptocurrencies

The best discount for selling tokens and cryptocurrencies

In this new era, there are several huge emerging currency trends, which are strictly abandoning the great method of combining cryptocurrencies for investment portfolios. The interconnection of tokens with cryptocurrencies was created for the liquidation of positions. Strategic Coins investors, who have outperformed the cryptocurrency financial industry as those firms, engaged in research analysis along with educational contexts, have grown accordingly.

How to transfer the balance to the cryptocurrency exchange?

Although, there are certain circumstances in which multiple methods are available to purchase Cromacoin, which is an exception for bitcoins and allows the purchase of tokens. Our well-represented firm accepts the exchange of Cromacoin for cash, which definitely guides you through the types of exchanges. In line with the fully dominant characteristics depending on the stock market, you may not be able to withdraw the USD from the token exchange. In this case, you need to trade for tokens displayed as BTC or Cromacoins which are known as superior digital currency to transfer them from Coinbase.

Cromacoins is the foundation for investing in cryptocurrencies that support an understanding of the entire level of blockchain technology initially for buying tokens or coins accordingly. Nevertheless, you gain the basis of Cromacoins find the best valued method, which helps you examine crypto coins to understand the crypto financial industry.

Below are characterized by several specialized points that support: –

 Register for an ICO via Cromacoins- Cromacoins resources of the entire project predominate through Cromacoins, which specifies for the project type the inclusion of goals, amounts and money required along with the campaigns.

 Grab for Cromacoins- You may need these major digital currencies, which you own, to participate in ICO New.

 Choose Cromacoins- Cromacoins which is one of the effective dominant cryptocurrencies strictly accepted anywhere in the world. Moreover, Cromacoins offers a handy blockchain platform, which is formulated for project setup. If you want to check the minimum amount required for a particular ICO, visit the white paper, which can be found on our website.

 Cromacoins offers a stable practical blockchain, which is used for developers to re-establish a project platform for ICO.

 Cromacoin Development- Designed for wallet drugs that strictly refill the entire extraction into a valuable wallet. Consequently, hardware security can be obtained for storing passwords on the device, which recognizes them accordingly.

 Participate in the ICO and buy Cromacoine- This is one of the great ways to interact with the ICO, as each primary vision for the ICO New campaigns try to keep the process running smoothly. Our website will guide you through the investment guidelines and procedure. Audit for all assets in accordance with the investment that needs to be done according to the necessary requirements.

 Get new ICO tokens at your address- You should be able to receive the latest token purchase in your wallet. It depends on the campaign in which the tokens can arrive immediately. Moreover, the ICO covers different deadlines along with rules that are very important when purchasing new ICO tokens.

 Find a new ICO per token and store them – You need to be sure to add funds to the account as the entire ICO will require support from major wallet services. If someone uses Cromacoins, any tokens can be transformed into a device and managed through your wallets.

According to the consolidated procedure, you can receive the latest tokens to the wallet address, keeping in mind a specific campaign in which the token could be executed immediately. Moreover, there are several things that can be delayed in order to consider communicating with other investors in the emergence of dedicated platforms.

DigitalTicks Exchange – Advanced cryptocurrency exchange

DigitalTicksExchange: Advanced cryptocurrency exchange !!!

DigitalTicksExchange is simply not another crypto-crypto trading platform. It is designed by retailers for retailers. The idea started back in December 2017. DigitalTicksExchangeteam is preparing the FIRST CRYPTO EXCHANGE OF EVER GOODS. The team aims to provide the best trading platform for the cryptocurrency market.

Mission and vision of DigitalTicksExchange

With the main goal of being among the top 3 cryptocurrency exchanges in terms of market capitalization, the team applied the robust, more powerful and best-in-class technology required by the advanced cryptocurrency trading exchange 2018 with the intention of being the best online cryptocurrency trading platform. Our team is committed to offering the most flexible exchange platform to traders and brokers and thus achieving a step closer to the goal of being the only exchange office tailored to customers with ease of trading cryptocurrencies and crypto commodities.

With the increase in the number of crypto exchanges around the world, the cryptocurrency exchange market has seen many new users attracted to trade these currency exchanges, but the main challenge for any cryptocurrency exchange is to tackle exchange security and thus build trust and confidence users. DigitalTicksExchange, with its multi-cryptocurrency exchange wallets and advanced security audit systems and regular vulnerability testing, plans to become one of the most reliable digital currency changers worldwide.

The DigitalTicksExchange team consists of retailers, industrialists. Entrepreneurs, Blockchain enthusiasts. To make the exchange successful, DigitalTicksExchange innovative developers have made every extra effort to understand the needs and requirements of retailers, from beginners to professionals. The platform is adapted in a way that it is easily used by all market participants, whether it is a hedger, scalper, arbitrage or speculator.

Here is a list of a few unique features that would be offered on DigitalTicksExchange

Semi-algorithmic functionality

A portfolio view of an order

Hot key function

Multiple trading instruments

Multi-device compatibility

DigitalTicksExchange Token (DTx)

DTx is a DigitalTicksExchange UTILITY Token. The DTx Utility token can be purchased using Bitcoin, Ethereum and bank transfers. The pre-sale of this token started on March 25, 2018, and the public sale on April 15, 2018. The sale of tokens ended on June 15, 2018.

The team is pleased to announce its successful token sale. During the token sale, the team sold a total of 64 million tokens, raising $ 30 million. There are currently more than 30,000 members of the DigitalTicks community and the number is growing much faster.

Advantages of trading on DigitalTicksExchange

The DigitalTicksExchange trading platform is much smoother and offers a great user interface with multiple functions sought by traders. One of the main advantages of using our platform is that the stock exchange will not charge any transaction fees in the first few months. This can be a great profit opportunity for high frequency traders. We will also offer quantity-based incentives for those high-frequency traders who are moving forward. We love our users and want to create a fair market for all our registered users and thus help them trade cryptocurrencies for profit by providing regular research reports prepared by our team of expert researchers.

Conclusion

With incentives such as the Volume Based model, the Maker-Taker Concept DigitalTicksExchange is focused on providing ease of trading and charging a fair price for trading. Aiming to be at the top, DigitalTicksExchangeteam is dedicated to providing all the tools and support that each of its traders needs to trade the cryptocurrency market. The exchange will be fully developed and launched in late August 2018 or earlier. The team believes that DigitalTicksExchange would be the most advanced cryptocurrency exchange platform for exchanging different cryptocurrencies – cryptocurrencies as well as goods in crypto. !!!!

Advantages of Panaesha Capital Exchange (PCEX).

The cryptocurrency market flourished in 2017-2018; the total market capitalization of cryptocurrencies reached $ 700 billion last year. With the huge market potential offered by cryptocurrencies, digital currency trading is booming and several crypto-exchanges have been launched in the span of a year and are still in development. Crypto exchanges are platforms on which traders can exchange cryptocurrencies for other cryptocurrencies or fiat money.

Panaesha Capital Exchange (PCEX) is a cryptocurrency trading platform that will be launched in the third quarter of 2018. PCEX is secure, fast, provides high liquidity and uses a brokerage channel for added security. The platform is a one-stop trading solution; offering both cryptocurrencies for cryptocurrency exchange and cryptocurrency trading for fiat currencies.

Advantages of PCEX

Multifunctional Exchange platform

Many crypto-exchanges, even prominent platforms, only support crypto-crypto trading, forcing traders to perform their activities on multiple exchanges. Crypto-traders first buy cryptocurrencies for fiat money on a particular platform, and then distribute the currencies on several trading platforms to ensure liquidity and profit. To convert digital currencies into fiat, merchants have a choice between only a few platforms. PCEX is a comprehensive solution that offers high liquidity; crypto-traders can conduct all their trades on one platform and significant returns will also be provided.

High liquidity

To promote the liquidity of digital assets on PCEX, the platform embodies all the key attributes for fast exchange;

Simple user interface to simplify the transaction process. PCEX is made similar to the format of the National Stock Exchange for information.

Low transaction fees (PCEX insists on a very small number of platform trading fees).

Sophisticated buying-selling procedure through a superior matching mechanism. Trade orders will be quickly reconciled on the platform.

High-caliber order reconciliation

Users at PCEX are offered a restricted trade procedure so that they can buy or sell the property at the price they set; the pairing mechanism will try to improve sales by pairing the customer store with a better price in a limited time. The limited time will be set by the traders after which the trade order will be removed from the platform. PCEX has the ability to quickly reconcile orders through a superior order reconciliation mechanism.

Affordable fees

To conduct trading on PCEX, crypto-traders will incur only two fees: transaction fees and withdrawal fees. The transaction fee on PCEX is much lower than the fee on other platforms that offer similar services. A significant portion of transaction fees go to PCEX brokers and sub-brokers; the platform will get a smaller cut.

Brokerage and sub-brokerage channels

Crypto-trading brokers and sub-brokers are a unique feature of the PCEX trading platform. Traders on cryptocurrency exchange platforms usually face poor customer support and slow response times. PCEX eliminates this shortcoming by employing a fleet of brokers and sub-brokers to personally assist traders in each trade. Merchants on PCEX will be assigned a single point of contact that they can contact at any time for assistance. No dark period of non-response will ever be associated with PCEX.

Through a brokerage channel and exceptional services, PCEX aims to build long-term customer relationships. The brokerage channel also adds a layer of security to the platform.

High security

Otherwise, PCEX has several layers of security. The platform has a Clark-Wilson security architecture model to ensure data integrity. The security system will check the acceptance of information on PCEX so that all together can prevent data breaches. Secure operations on the platform require auditors to cooperate; devices and identities are set up to protect the website. PCEX provides crypto-merchants with a level of security that is impenetrable and protects the identity of merchants and digital assets from hackers and accidental loss.

All users, brokers and sub-brokers on PCEX must comply with the KYC / AML protocol; PCEX prepares in advance for any regulations that may arise in the future. Traders can also be assured of legal behavior on the platform.

Conclusion

Cryptocurrency trading is an unstable atmosphere with prices falling and falling almost daily. Price volatility depends on state or state regulations, security, acceptance of digital currencies by suppliers, major players, and so on. Cryptocurrency trading provides a much higher return on investment than a traditional stock market; early investors in cryptocurrencies made millions in profits in the period 2017-2018.

To support the growing demand for digital currencies and digital currency trading platforms, PCEX is adopting an advanced framework with complete service tools. Everything a crypto-merchant will need for seamless effortless trading is available on PCEX. In fact, PCEX goes further.

Explore a new and exceptional crypto-exchange at http://www.pcex.io.

Why should you trade cryptocurrencies?

The modern concept of cryptocurrency is becoming very popular among traders. The revolutionary concept that Satoshi Nakamoto introduced to the world as a by-product became a hit. Decoding Cryptocurrency we understand that crypto is something hidden, and currency is a medium of exchange. It is a form of currency used in a chain of blocks that is created and stored. This is done through encryption techniques to control the creation and verification of a currency transaction. Bit coin was the first cryptocurrency to emerge.

Cryptocurrency is only part of the process of a virtual database that works in the virtual world. The identity of the real person cannot be established here. Also, there is no centralized body that manages cryptocurrency trading. This currency is equivalent to hard gold kept by people and whose value should grow sharply. The electronic system set up by Satoshi is decentralized in which only miners have the right to make changes by confirming initiated transactions. They are the only providers of human touch in the system.

Forgery of cryptocurrency is not possible because the whole system is based on hard mathematics and cryptographic puzzles. Only those people who are able to solve these puzzles can make changes to the database which is almost impossible. Once a confirmed transaction becomes part of a database or chain of blocks that cannot then be undone.

Cryptocurrency is nothing but digital money that is created with the help of coding techniques. It is based on a peer-to-peer control system. Let’s now understand how someone can benefit from trading in this market.

It cannot be reversed or forged: Although many people can refute this that the transactions made are non-refundable, but the best thing about cryptocurrencies is that once the transaction is confirmed. A new block is added to the blockchain and then the transaction cannot be forged. You become the owner of that block.

Online transactions: This not only makes it convenient for anyone sitting in any part of the world to perform transactions, but also facilitates the speed with which the transaction is processed. Compared to real time when you need third parties to show up to buy a house or gold or take out a loan, you only need a computer and a potential buyer or seller in the case of cryptocurrency. This concept is easy, fast and filled with prospects for a return on investment.

The fee is low per transaction: Miners take low or no compensation during transactions because the network takes care of it.

Accessibility: The concept is so practical that all those people who have access to smartphones and laptops can access the cryptocurrency market and trade it anytime and anywhere. This accessibility makes it even more lucrative. As ROI is commendable, many countries like Kenya have introduced an M-Pesa system that provides a device for essential coins that now allows every third Kenyan to have a wallet with bit coins.

International regulations for cryptocurrencies will create situations in which they will make a profit

Background

The initial offering of coins on blockchain platforms has colored the world red for technology startups around the world. A decentralized network that can assign tokens to users who support the idea with money is both revolutionary and rewarding.

It turned out that profitable bitcoin was a ‘property’ for early investors who gave multiple returns in 2017. Investors and cryptocurrency exchanges around the world took the opportunity and made huge returns for themselves, which led to an increase in numerous online exchanges. Other cryptocurrencies such as Ethereum, Ripple and other ICOs have promised even better results. (Ethereum has grown more than 88 times in 2017!)

While ICOs brought millions of dollars into the hands of startups within days, the governing governments initially decided to follow the fastest development of fintech ever that had the potential to raise millions of dollars in a very short period of time.

Countries around the world are considering regulating cryptocurrencies

But regulators have become wary as the technology and its underlying effects have become popular as ICOs have begun to think about billions of dollars in funds—— on proposed plans written in white papers.

Governments around the world took the opportunity to intervene in late 2017. While China completely banned cryptocurrencies, the SEC (Securities and Exchange Commission) in the US highlighted the risks posed by vulnerable investors and suggested treating them as securities.

A recent warning by SEC President Jay Clayton issued in December warned investors to mention,


“Also keep in mind that these markets span national borders and that significant trade can occur on systems and platforms outside the United States. Your invested funds can travel abroad quickly without your knowledge. As a result, risks may increase, including the risk that market regulators, such as the SEC, may not be able to effectively prosecute bad actors or recover funds. “

This was followed by concerns from India, where Finance Minister Arun Jaitley said in February that India does not recognize cryptocurrencies.

In a circular sent by the Central Bank of India to other banks on April 6, 2018, banks were asked to sever ties with companies and stock exchanges engaged in trade or transactions in cryptocurrencies.

In Britain, the FCA (Financial Conduct Authority) announced in March that it had formed a working group on cryptocurrencies and would take help from the Bank of England to regulate the cryptocurrency sector.

Different laws, tax structures in different countries

Cryptocurrencies are mostly coins or tokens launched on a cryptographic network and can be traded globally. While cryptocurrencies have more or less the same value around the world, countries with different laws and regulations may bring different returns for investors who could be nationals of different countries.

Different laws for investors from different countries would make calculating returns a tedious and cumbersome exercise.

This would involve investing time, resources and strategies that would cause unnecessary prolongation of the process.

The solution

Instead of many countries passing different laws for global cryptocurrencies, there should be a constitution of a single global regulatory body with laws that apply across borders. Such a move would play an important role in improving legal cryptocurrency trading around the world.

Organizations with global goals such as the ITA (United Nations), the World Trade Organization (WTO), the World Economic Forum (WEF), the International Trade Organization (ITO) already play an important role in uniting the world on different fronts.

Cryptocurrencies were formed with the basic idea of ​​transferring funds around the world. They have more or less similar value on all stock exchanges, except for negligible arbitrage.

The global regulatory body that will regulate cryptocurrencies around the world is a need of the moment and could set global rules to regulate the latest way of financing ideas. Currently, every country is trying to regulate virtual currencies through laws, which are being drafted.

If economic superpowers with other countries can build consensus by introducing a regulatory body with laws that know no national borders, then it would be one of the biggest breakthroughs in designing a crypto-crypto-adapted world and encourage the use of one of the most transparent fintech. system ever – “blockchain.

A universal regulation consisting of parts relating to cryptocurrency trading, refunds, taxes, penalties, KYC procedures, exchange laws and penalties for illegal hacks can bring us the following advantages.

  1. This can make calculating profits super easy for investors around the world, as there would be no difference in net profit due to the unique tax structure

  2. Countries around the world can agree to share a certain portion of profits as taxes. Therefore, the share of countries in taxes collected would be uniform throughout the world.

  3. The time involved in constituting a number of committees, drafting laws followed by debates in the legislative arena (such as the Parliament in India and the Senate in the US), could be saved.

  4. One should not go through the strict tax laws of every country. Especially those involved in multinational trade.

  5. Even companies offering tokens or ICOs would comply with the stated ‘international law’. Therefore, calculating income after tax would be an easy walk for companies

  6. A global structure would require more companies coming up with better ideas, which would increase employment opportunities around the world.

  7. The law may be supported by an international supervisory authority or global currency regulator, which may have the authority to blacklist an ICO bid that does not comply with the norms.

These are not all advantages, when it comes to the law that would regulate cryptocurrencies around the world. There are certain shortcomings also.

Bringing together world financial leaders to come together and draft a law could take time. Discussions and their consensus building can be challenging

  1. Countries or economies that provide tax-free structures may not agree to accept a law that provides for a universal tax policy

  2. Involvement of a global supervisor or regulatory body in monitoring regulatory developments in relation to ICOs may not go well in some countries

  3. Universal law can lead to the world being divided into factions. Countries that do not support cryptocurrencies like China may not be part of it.

  4. Law can be the idea of ​​economically strong nations that could design it to suit their best interests.

  5. This law would be centralized with a global regulatory body as opposed to cryptocurrencies which are decentralized by nature.

Conclusion

The world was better together. Whether it’s creating a peaceful world after World War II, or uniting for better trade laws and treaties.

The International Trade Organization (ITO), the World Trade Organization, and the World Economic Forum have some of the best brains that define the global economy.

They can come together and be part of a body that would define the economic prosperity of the world. They would help develop global standards for cryptocurrencies and could be part of a regulatory body that would guide and beacon to thousands of ICOs around the world for the better. At first this may take time, but it would make things easier for the time to come.

Grow your crypto on DeFiEarns: an aggregator of farm crypto yield rates

2021 became a year of prosperity for DeFi. The DeFi market is growing so fast, and it’s even hard to keep up with all the changes.

Why is DeFi so special? The crypto market gives you a great chance to make more money in many ways: decentralized exchanges, yield aggregators, credit services, and even insurance – you can deposit your tokens in all these projects and get a reward.

But the hottest earnings trend has its tricks. New DeFi projects are launched on a daily basis, interest rates are constantly changing, some of the pools cease to exist – and it’s a big headache to follow that, but it should.

Well, the solution is here. We have created a ranking service for DeFi farming projects that will help you find a reliable project with the highest interest rates for your secure investment of cryptocurrencies and tokens.

The cryptocurrency farm ranking aggregator DeFiEarns.com was launched on August 1, 2021.

Maintains 56 projects – DEX (PancakeSwap, MDEX), yield farms, aggregators / yield optimizers (PancakeBunny, Beefy Finance, AutoFarm), lending platforms (Venus, Annex Finance), and even leveraged agriculture projects such as Alpaca and Alpha Home are listed there.

DeFiEarns.com still supports only 3 networks – Ethereum Mainnet, Binance Smart Chain and Polygon. But in 2 months it will be completed with other most popular networks.

A clear interface and simple filters make everything simple. DeFiEarns.com users can keep up with interest rates for both a token and a pair of tokens in multi-token sets where 3 or even 4 tokens can be deposited. Investors can also track the history of ranking changes and total locked value (TVL) in different pools and on different farms.

Don’t miss the yield of just storing your tokens at idle – multiply your crypt at DeFiErans.com

But keep in mind that investing in DeFi is risky: volatile losses, project hacking, Oracle errors, and high cryptocurrency volatility – these are the problems that DeFi yield farmers are constantly facing.

How defiearns.com works

Just follow the link to DeFiEarns.com and type the name of the token you have in the search box – then choose the best interest rate, but don’t forget to check TVL first. The higher the TVL rank – the more reliable the project.

At DeFiEarns.com you can also find out which company has audited the project.

What defearns.com means

We keep everything simple and go for just one idea – to give every DeFi enthusiast a chance to choose the best interest rates in all projects.

Can you mine bitcoin on your smartphone?

Let’s look at the bitcoin price index from July 2012 to September 2020 to better understand this digital currency –

Users who traded bitcoins have used many Android apps, also used to store bitcoins. There are several apps available, and you can download the best bitcoin app from either the Google or Google play store.

With the constant increase and decrease in the price of Bitcoin in India, Bitcoin will either remain at the current price or will decrease. Furthermore, Bitcoin mining has an advantage over all others, and there are several smartphone applications for Bitcoin mining. If you are not interested in mining, you can buy Bitcoin using a Bitcoin exchange in India such as WazirX.

Is it possible to mine bitcoin using a mobile phone?

Yes, mobile Bitcoin mining is possible; but there are also several reasons why this does not continue. Furthermore, there are several cryptocurrencies that do not require proof of operation mechanisms, which can be initially mined on a smartphone.

How are we aware that today’s smartphones are very powerful and can be used to mine cryptocurrencies. But when we compare the tools that miners use to mine Bitcoin, they are very powerful and sophisticated, mining on smartphones means that they are less attractive in terms of rewards.

The user can mine bitcoins on the smartphone on a smaller scale, or the user can join a mobile mining farm or mining pool. When network miners share their rewards, you get a small percentage based on your computing power.

How can you mine with smartphones?

You can use your smartphone for mobile Bitcoin mining, using Android because the OS is suitable for mobile mining. As the BTC rate in India fluctuates, the market is developing more Android applications, which allow you to directly mine bitcoin from a smartphone. These apps may not be found in the Google Play Store, as appropriate.

Applications that can be used to mine Bitcoin via a smartphone

If you are still fixed on bitcoin mining via mobile phone, the only condition is that you need a mining application and a battery charger for standby mode. Below are some applications that can be used to mine Bitcoin via smartphones.

  • MinerGate
  • It is a mobile application for miners that helps you mine bitcoins and altcoins. Some of them include Dash and other altcoins. Furthermore, MinerGate offers the best built-in wallet in which you can store your bitcoins and other cryptocurrencies.

  • Bitcoin Miner
  • It is one of the most popular applications currently available on most devices. It offers a user interface and you can find good ratings for its performance. The Bitcoin Miner app supports several altcoins.

  • AA Miner
  • This application supports several cryptocurrencies that include Bitcoin, Litecoin, Dash, DigitalNote and many others. This application is mainly used for cryptocurrency mining for Android.

    Final Thoughts

    Although mobile phone mining does not offer more rewards, it is not a complicated process. The only condition is that you need a smartphone and download the best mining application. When you use your smartphone, the app runs in the background; and these applications interfere with the performance of your smartphone. In short, we can say that mining smartphones is one of the simplest ways to make money, but not like using specialized hardware via a computer.

    Should I invest in Bitcoin?

    If you are wondering what Bitcoin is and whether you should invest in it, then this article is for you. In 2010, the value of one bitcoin was only 5 cents. Soon ahead in 2017 and its value touched $ 20,000. Again, the price dropped to $ 8,000 over the next 24 hours, causing a huge loss for currency owners.

    If you’ve been trying to learn more about Bitcoin, this reading can help. According to statistics, about 24% of Americans know what it is. However, the currency still has a value of over $ 152 billion. This is one of the most common reasons for the popularity of this item. Let’s know what it is and whether we should invest in it.

    What is Bitcoin?

    Simply put, Bitcoin is one of the digital currencies. Digital currency is known as cryptocurrency. The term was coined by an anonymous person in the 2008 financial crisis.

    A digital currency account is like your current account that you can view online. In other words, it is a digital currency that can be seen but cannot be touched. In the case of Bitcoin, you don’t even have a physical representative. All money exists only in digital form. No one is there to regulate this type of currency. In the same way, the network is not managed by any entity and tokens are exchanged between individuals through a complex software system. Instead, the whole thing is decentralized and managed by a computer network.

    It is important to note that you cannot use these tokens to pay for everything you want to buy. In fact, you can only use it to buy from some retailers or online stores. But it can be sold for traditional currency or money. However, more and more companies are starting to accept Bitcoin and other cryptocurrencies. For example, Expedia and Over-stock accept this from users. One of the main characteristics of this type of money is that the transaction is completely private and cannot be traced. This is one of the many reasons why most people prefer this digital form of money.

    Do you need to put money in Bitcoin?

    Remember: before you decide to invest in Bitcoin or any other digital currency, make sure you understand the risks associated with this system. Volatility is one of the biggest risks. This means that the value of your money can fluctuate significantly within 24 hours. In fact, the increase or decrease in value can be up to 30%. Another problem is that most digital currencies that can be seen today will lose value within 5 years, according to most experts.

    To be sure, we suggest investing only what you can afford to lose. For example, if you have $ 1,000, you can invest $ 10. And if you lose that amount, it will not create any financial problems for you.

    We hope you now know what Bitcoin is and whether you should invest your hard-earned money. Remember: you should not invest a lot of money or you may run into serious financial problems.