Are You Planning to Set Up Your Own Cryptocurrency Exchange Platform?

Important: This position should not be taken as investment advice. The author focuses on the best coins in terms of actual use and adoption, not financial or investment.

In 2017, crypto markets set a new standard for simple profits. Almost every piece or chip brought incredible profits. As they say, “A high tide floats all boats” and the end of 2017 was a flood. The rise in prices has created a positive feedback cycle, which is attracting more and more capital to Crypto. Unfortunately, but inevitably, this fast-moving market leads to a huge investment. Money has been thrown indiscriminately into all sorts of dubious projects, many of which will not bear fruit.

In the current bear environment, hype and greed are being replaced by critical appraisal and caution. Marketing promises, endless shillings and charismatic oratories are no longer enough, especially for those who have lost their money. Well, the main reasons to buy or hold a coin are once again superior.

Key factors in cryptocurrency valuation

There are some factors that tend to beat the hype and price pumps, at least in the long run:

Reception angle

Although the technology of cryptocurrency or ICO business plan may seem amazing without users, they are just dead projects. It is often forgotten that widespread acceptance is an important feature of money. In fact, it is estimated that more than 90% of Bitcoin’s value depends on the number of users.

While the adoption of fiat is mandated by the state, the adoption of cryptography is purely voluntary. Many factors go into the decision to accept a coin, but perhaps the most important consideration is the likelihood that others will accept the coin.

Safety

Decentralization is essential to the I push Model of true cryptocurrency. Without decentralization, we’re a little closer to a Ponzi scheme than a real cryptocurrency. Trust in individuals or institutions is a problem that cryptocurrency tries to solve.

If hacking a coin or a central controller can change the transaction record, it calls into question its basic security. The same goes for parts with unverified code that haven’t been thoroughly tested over the years. The more you can rely on the code working as described regardless of human influence, the more secure the coin is.

Novelty

Trusted coins strive to improve their technology, but not at the expense of security. True technological progress is rare because it requires great experience as well as wisdom. Although there are always fresh ideas that can be distorted, doing so misses the point if it is posed by weaklings or critics of the coin’s original purpose.

Innovation can be a difficult factor to evaluate, especially for non-technical users. However, if a currency code is stagnant or doesn’t receive updates that address important issues, it could be a sign that the developers are low on ideas or motivation.

Incentives

The economic incentives inherent in currency are easier for the average person to understand. If a coin has a large pre-mine or ICO (initial portion offering) where the team holds a significant portion of the chips, it is quite clear that the main motivation is profit. By buying what the team has to offer, you play your own game and enrich it. Instead, be sure to provide tangible and reliable value.

5 cryptocurrencies to buy in 2018

There has never been a better time to re-evaluate and rebalance your crypto portfolio. Based on their solid fundamentals, here are five pieces that I think are worth buying at the current depressed prices (just a warning, they may drop).

#1. Bitcoin (due to decentralization)

Number one belongs to Bitcoin (BTC), which remains the market leader in all categories. Bitcoin has the highest price, the widest speculation, the most security (due to the phenomenal energy consumption of bitcoin mining), the most popular brand identity (forks have tried to match) and the most development Active and rational. It is also the only piece represented in traditional markets in the form of Bitcoin futures trading on the American CME and CBOE.

Bitcoin remains the main engine; The performance of all other parts is highly correlated with Bitcoin performance. My personal expectation is that the gap between bitcoin and most if not all other parts will widen.

Bitcoin has several promising innovations in its pipeline that will soon be installed as additional layers or soft forks. Examples Flash system (LN), wood, Schnorr signatures Mimblewimbleund more.

In particular, we plan to open up a new range of applications for Bitcoin as it enables large-scale, microtransactions and instant and secure payments. LN is increasingly stable as users test its various capabilities with real Bitcoin. As it becomes easier to use, it can be assumed that Bitcoin will benefit greatly from its adoption.

#2. Litecoin (for its stubbornness)

Litecoin (LTC) is a clone of Bitcoin with a different hash algorithm. Although Litecoin no longer has the anonymity technology of Bitcoin, amazing reports have shown that Litecoin is now the second only bitcoin to be accepted on dark markets. Although it is a currency that I am more suited to the role of obtaining illegal goods and services, perhaps this is a consequence of Litecoin’s longevity: it was launched in late 2011.

Another factor in Litecoin’s favor is that it integrates Bitcoin SegWit technology, which means that Litecoin is made for LN. Litecoin can benefit from the exchange of atomic chains. In other words, secure peer-to-peer trading of currencies without the involvement of third parties (i.e. exchanges). Litecoin is well-positioned to benefit from Bitcoin’s technical progress, as it largely syncs its code with Bitcoin.

#3. Ethereum (because of smart contracts)

Ethereum (ETH) is currently experiencing some major problems. First of all, governments are reaching out to ICOs, and rightfully so: many have turned out to be either scams or bankrupt. Since most icos operate as ERC tokens 20 on the Ethereum network, the ICO craze has added a lot of value to Ethereum in recent years. Ethereum projects can claim some legitimacy as a scam crowdfunding platform if proper regulations are adopted to protect investors.

The second major challenge facing Ethereum is the delayed transition to a new hybrid work and battery detection system. Ethereum mining GPU is profitable right now, but Bitmain just announced an Ethereum ASIC minor, which could affect the bottom lines of GPU miners. It remains to be seen whether this will change the captives and how successful this change will be.

If Ethereum can survive these two major challenges – regulation and mining – it will have shown great resilience. Otherwise, there are several competing currencies following their shadows, such as Ethereum Classic (etc.), Cardano (ADA), and EOS.

#4. Monero (for its anonymity)

I (XMR) remains a Prime Minister’s secret, though not all are expected to be accepted on the black markets. Its reputation and market capitalization are still higher than those of its competitors – and for good reason.

Monero code Zcash “faithful” main ceremony requires little faith, and Dash in contrast was a fair start. Monero recently modified Pow to defeat the development of a small ASIC for its algorithm, confirming the commitment of the mining decentralization piece. A significant decrease in hash rate is due to the new version that is consistently reported against the ASIC. This could also be an opportunity for GPUs and even small CPUs to come back to me. Monero’s new version, 0.12, includes other improvements that show Monero continues to grow along sensitive lines.

#5. iPRONTO (decentralized incubation platform)

The iPRONTO incubation platform is an Ethereum chain, to investors looking for a safe and reliable platform to invest in new ideas, and to future innovators who can present their ideas and receive feedback from users, experts in the field of practice and implementation of acquired ideas.

In the event that the client’s business idea is sent to the Committee for examination and registration on the platform, an NES in Smart Contract format will be signed between the expert platform and the client, so the ideas of innovators are supported. The idea will be published on the chain’s public platform, not to all users, but only to selected members of the target community who are willing to sign the Smart contract to protect the privacy of the idea.

By now, you’ve probably heard of Bitcoin – there are stories of people making thousands of dollars overnight with this and other Cryptocurrencies.

As with any new speculative investment, there is an element of risk. That’s why starting with free $10 Bitcoin is a good way to try it out and start learning how it all works. I’m still new to all this and came across this process during my research. It helped me so I thought I’d share it with you.

The first thing you need to know about buying Bitcoin is that there are a few basic ways to buy it, and it’s not that hard to do.

The main two ways to buy Bitcoin are through a broker or an exchange. Check out the Coinbase exchange – they are one of the largest exchanges, have a clean and easy-to-understand interface, are accessible by apps on various mobile and desktop platforms, and offer you $10 in free Bitcoin to get you started. There are other exchanges I’ve tried that work well – BTCMarkets and Coinspot to name a couple that are both good – but Coinbase has a $10 start bonus.

An added benefit of Coinbase is that it operates in multiple currencies locally – for example, if you’re in Australia, all your data will be displayed in Australian Dollars, so exchange rates etc.

It’s also worth noting that Bitcoin isn’t the only cryptocurrency Coinbase deals in – you can also buy Etherium (ETH), Bitcoin Cash (BCH) or LiteCoin (LTC) – whichever currency you decide to use, you’ll still get $10 you can free bitcoins.

Without further ado, here’s how you get your free $10 Bitcoin:

1) Register with Coinbase (the link at the bottom of this article will qualify you for the $10 bonus)

2) Complete the account setup process, including verifying your email address, phone number, and uploading proof of ID (driver’s license, passport, or other photo ID – this can be done by taking a photo with your phone).

3) Enter your credit card details and verify the card by viewing the transactions that Coinbase will add to your online banking statement (this is instant and you are not charged)

4) Now order $100 worth of Bitcoin, Etherium – whatever – in your activated account. If your local currency is not USD, you must ensure that you order the equivalent amount of USD 100.

*** IMPORTANT TO NOTE: All Bitcoin purchases are subject to fees and Coinbase is no different. Horse mostYour initial $100 purchase should cost around $4***

5) That’s it! After a few days, $10 worth of Bitcoin will show up in your Coinbase account – even if you deduct the purchase fee, you’re still ahead.

So, if you’re interested in Bitcoin, want to dip your toe in risk-free, and get some free cash (!) in the process, give it a try. The bonus Bitcoin will more than cover your fees for that first deposit and can help you learn what it’s all about.

Sound good?

Some final notes:

• This process will only work if you are a new Coinbase customer. If you already have an account, you won’t get free credit

• You can get $10 free just by signing up using the link below.

• The above offer is limited time – you have it once you create your account using the link 180 days Buy $100 worth of Bitcoin, Litecoin or Etherium and still get $10 credit.

I hope you have a prosperous and successful future with Bitcoin and enjoy your free $10. Free money doesn’t come around every day, and at the rates bitcoin has been growing lately, $10 can grow pretty fast! My plan is to sit above $110 for a while and see what happens and feel the ups and downs of Bitcoin. Let’s see how we go.

If you are reading this article, you probably already know about Bitcoin. This platform has transformed the entire world into a digital platform in just three years. Today, people from all over the world use this service without sharing their personal information with the world. However, if you think you can take advantage of the service directly from the Bitcoin platform itself, you should change your mind. You should use a trusted Bitcoin mixing service for anonymity.

If this seems like something new to you, we can help you figure it out. Through this article, we will help you get familiar with the service. You will also know why there is so much hype about it on the internet. We intend to clarify the advantages of the service. Read it.

Advantages of Bitcoin Mixing Service

With the help of Bitcoin, you can remain anonymous while transacting online. Traditionally, when you make payments online, you have to pay huge fees. For example, if you pay with your credit card, the bank will charge you for the service. No matter which tool you choose to use, you will be charged. Not everyone can afford to pay these fees.

On the other hand, if you choose to pay using digital currency, you won’t have to pay any fees. Moreover, your identity will not be shared with anyone. Basically, it is important to note that these transactions are not anonymous. Your activities are recorded and accessible to everyone via the blockchain. It is a large database of these transactions, which means your information is shared with the person you are dealing with. All your information is shared, including your name, address and other information. Now, if you want to enjoy true anonymity, you should use a shuffle service.

The purpose of the service is to facilitate owners. Therefore, if you use this service, you do not need to register by providing your personal information. If you are a first-time user, you can choose from a variety of services that don’t charge you anything. Likewise, they will not require PGP key verification. In fact, the purpose of the services is to ensure that you enjoy true anonymity while doing these transactions.

Since these mixing services are in high demand, scammers use the system to make money. Therefore, it is important that you do your homework before choosing a good blending service. Finding a reliable provider is really important.

All you have to do is hire a shuffling service that doesn’t ask for your name, email or other personal information. Also, the service provider should not keep records of the transactions of its users on a regular basis.

In short, we suggest choosing a Bitcoin mixing service wisely. Choosing the right service is important if you want to take advantage of the benefits explained in this article. Just be careful and make an informed decision.

Best Crypto-IoT Collaboration

This was reported yesterday from the Nano center. The launch of the Nano IoT charger has been confirmed by the company and acts as the most promising entry into the IoT industry. The IoT charger and associated hardware are said to be powered by the native Nano coin.

The currently released charger is still a prototype and the features that owners of the charger have revealed so far are:

• It only requires the user to scan the QR code for transactions

• A QR code initiates a micro-level controlled transaction process; so you don’t have to worry about the change

• So far only compatible with NANO wallets

This announcement from the Nano Center is a big milestone for both the company and the community, as there are many real-world use cases when the charger is successfully tested and brought to market. Of course, there are many potential uses and multiple iterations that need to be implemented in advance to do this for real-world use cases.

Nano branches

Nano is not the first cryptocurrency coin and company to enter the IoT space, but actually the third or fourth. Behind IOTA and a number of other coins currently in the space. However, the excitement and anticipation surrounding this coin is that the company has conducted market research in a very interesting manner before embarking on this journey.

Nano used its YouTube channel to connect with its community, and the feedback it received was invaluable to the company. The community’s reaction to the YouTube channel and its content made it very clear to the company what was expected of them and what they had to do.

Taking this step towards diversifying its business, the company has the potential to become a global brand in the IoT industry with this product. The company’s coin, NANO, is also starting to be listed on many exchanges. This is the reason for the coin’s wide acceptance in the market and the very high price increase.

Price increase, more expected

The price of Nano has increased by more than 90% in the last one week. And a 250% increase in the last two weeks. Two weeks ago, the price was $1.52. Price/value increase is attributed to many reasons. Among them is the fact that the company’s coin, NANO, is listed and accepted as a tradable cryptocurrency by many exchanges and platforms.

The other two reasons are pretty intuitive from this article, which is that the company branched out into the IoT jungle with a charging product, and that their initial network stress test came up with flying colors. It is very important for every cryptocurrency company to have the support of the community and it is safe to say that NANO does that. The current price of the coin, at the time of writing, is $3.12.

Cryptocurrencies have been in the news recently as tax authorities believe they can be used for money laundering and tax evasion. Even the Supreme Court had appointed a Special Investigation Team on Black Money which recommended curbing the trade in such currency. While China has reportedly banned some of the largest Bitcoin trading operators, countries such as the US and Canada have laws restricting cryptocurrency exchange trading.

What is cryptocurrency?

Cryptocurrency, as the name suggests, uses encrypted codes to carry out the transaction. These codes are recognized by other computers in the user community. Instead of using paper money, the online ledger is updated with regular accounting records. With such currency, the buyer’s account is debited, and the seller’s account is credited.

How are transactions carried out in cryptocurrency?

When a transaction is initiated by a user, his computer sends a public password or public key that interacts with the private password of the recipient of the currency. If the recipient accepts the transaction, the initiating computer adds the piece of code to a block of several such encrypted codes known to every user on the network. By solving a cryptographic puzzle, dedicated users called “Miners” can add additional code to a publicly shared block and earn more cryptocurrency in the process. Once the miner has confirmed the transaction, the entry in the block cannot be changed or deleted.

For example, BitCoin can be used both on mobile devices and to make purchases. All you need to do is allow the receiver to scan the QR code from the app on your smartphone or bring them face-to-face using Near Field Communication (NFC). Note that it is very similar to regular online wallets like PayTM or MobiQuick.

Die-hard users swear by BitCoin for its decentralized nature, international acceptance, anonymity, transaction continuity and data security. Unlike paper currency, no Central Bank controls inflationary pressures on cryptocurrency. Transaction ledgers are stored in a Peer-to-Peer network. This means that every computer chip with computing power and database copies are stored on every such node in the network. Banks, on the other hand, store transaction data in central repositories held by individuals employed by the firm.

How to use cryptocurrency for money laundering?

The lack of any oversight over cryptocurrency transactions by Central Banks or tax authorities means that transactions cannot always be traced back to a specific person. This means that we don’t know if the transactor obtained the store of value legitimately or not. The recipient’s store is equally suspect, as no one can tell what is considered for the currency received.

What does Indian Law say about such virtual currencies?

Virtual currencies or cryptocurrencies are commonly seen as software and are therefore classified as goods under the Sale of Goods Act of 1930.

They will be subject to good, indirect taxes on their sale or purchase as well as GST on services rendered by Miners.

There is still considerable confusion over whether cryptocurrencies are valid as currency in India, and the RBI, which has jurisdiction over clearing and payment systems and prepaid negotiable instruments, has certainly not allowed trading through this exchange.

Any cryptocurrencies received by a resident of India will thus be governed by the Foreign Exchange Management Act, 1999 as an import of goods into that country.

India has allowed BitCoin trading on Dedicated Exchanges with built-in safeguards for tax evasion or money laundering activities and enforcement of Know Your Customer norms. These exchanges include Zebpay, Unocoin and Coinsecure.

For example, those who invest in BitCoins are liable to account for dividends received.

Capital gains from the sale of securities involving virtual currencies should also be taxed as income and consequently related to online filing of IT returns.

If your investments in this currency are large, it is better to seek the help of a personalized tax service. Online platforms have made the tax compliance process much easier.

Cryptocurrency is a type of digital currency that you can use to buy goods and services. Cryptocurrencies depend on an extremely complex online ledger for secure transactions. Millions of people from all over the world invest in these unregulated currencies to earn income. Among all these popular cryptocurrencies, Bitcoin tops the list. In this article, we will take a deeper look at cryptocurrency. Read on to find out more.

1. What is cryptocurrency?

Basically, you can pay with cryptocurrency to buy goods or services online. Several companies have launched their own cryptocurrency today. Known as tokens, they can be traded for goods and services. You can think of them as casino chips or arcade tokens. You can use your real currency to buy cryptocurrency to carry out these transactions.

Cryptocurrencies use a state-of-the-art system known as blockchain to verify transactions. This decentralized technology is equipped with many computers programmed to manage and record transactions. Security is the best part of this technology.

2. What is the value of cryptocurrency?

There are more than 10,000 types of cryptocurrencies available today. According to reports from CoinMarketCap, they are sold all over the world. Currently, all cryptocurrencies out there are worth more than $1.3 trillion.

At the top of the list is Bitcoin. All bitcoins are worth $599.6 billion, give or take.

3. Why are they so popular?

Cryptocurrencies have great appeal for a number of reasons. Some of the most common are listed below:

Some people think that cryptocurrency is the currency of the future. Therefore, many of them invest their hard-earned money in the hope that the cryptocurrency will gain value in a few years.

Some people think that this currency will be exempt from central bank regulations because these institutions devalue money through inflation.

Some proponents favor the technology that powers cryptocurrencies, the blockchain. Basically, it is a decentralized recording and processing system that can offer a higher level of security than conventional payment systems.

Some speculators go into cryptocurrency simply because its value is increasing.

4. Is it a good investment?

According to most experts, the value of cryptocurrencies will continue to increase over time. However, some experts argue that this is just speculation. Like real currency, this type of currency has no cash flow. Therefore, if you want to make a profit, someone has to pay a higher amount to buy the currency.

Unlike a well-run business that gains value over time, cryptocurrency has no assets. But if the cryptocurrency remains stable for a long period of time, it will surely help to generate a lot of profits.

In short, this was a basic introduction to cryptocurrency. We hope this article will help you get familiar with this new type of currency.

In 2008, after the financial crisis, an article titled “Bitcoin: A Peer-to-Peer Electronic Cash System” was published detailing the concepts of the payment system. Bitcoin was born. Bitcoin has gained worldwide attention due to its use of blockchain technology and as an alternative to fiat currencies and commodities. Dubbed as the next best technology after the Internet, blockchain has offered solutions to problems that we have not been able to solve or seen for the past few decades. I won’t go into the technical side of it, but here are some articles and videos I recommend:

How Bitcoin Works Under the Hood

A subtle introduction to blockchain technology

Have you ever wondered how Bitcoin (and other cryptocurrencies) actually work?

Fast forward to today, February 5th to be exact, Chinese authorities have introduced a new set of regulations banning cryptocurrency. The Chinese government already did this last year, but many avoided it through foreign currencies. It has now launched the mighty “Great Firewall of China” to block access to foreign currencies to prevent its citizens from conducting any cryptocurrency transactions.

To know more about the position of the Chinese government, let’s go back to 2013, a few years ago, when bitcoin gained popularity among Chinese citizens and prices soared. Concerned about price volatility and speculation, the People’s Bank of China and five other government ministries issued an official notice in December 2013 titled “Bitcoin Financial Risk Prevention Notice” (Link is in Mandarin). A few points were highlighted:

1. Due to various factors such as limited supply, anonymity, and lack of a centralized issuer, Bitcoin is not an official currency, but a virtual commodity that cannot be used on the open market.

2. All banks and financial institutions are prohibited from offering Bitcoin-related financial services or engaging in Bitcoin-related trading activities.

3. All companies and websites offering Bitcoin-related services must register with the appropriate government ministries.

4. Due to the anonymity and cross-border characteristics of Bitcoin, organizations providing Bitcoin-related services must implement preventive measures such as KYC to prevent money laundering. Any suspicious activity, including fraud, gambling and money laundering, should be reported to the authorities.

5. Organizations providing Bitcoin-related services should educate the public about Bitcoin and the technology behind it and not mislead the public with false information.

In layman’s terms, Bitcoin is classified as a virtual commodity (such as in-game credits) that can be bought or sold in its original form and cannot be exchanged for fiat currency. It cannot be defined as money—something that serves as a medium of exchange, a unit of account, and a store of value.

Although the notice dates back to 2013, it is still relevant to the Chinese government’s stance on Bitcoin, and as mentioned, there is no indication that Bitcoin and cryptocurrency will be banned. Conversely, regulation and education about Bitcoin and blockchain will play a role in the Chinese crypto market.

A similar notice was issued in January 2017, again emphasizing that Bitcoin is a virtual commodity, not a currency. In September 2017, the boom in initial coin offerings (ICOs) led to the publication of a separate notice entitled “Notice on Financial Risk Prevention of Issued Tokens”. ICOs were soon banned and Chinese exchanges were investigated and eventually shut down. (Hindsight 20/20, they made the right decision to ban ICOs and stop pointless gambling). Another blow to China’s cryptocurrency community came in January 2018 when mining operations faced severe pressure due to excessive electricity consumption.

While there is no official explanation for the crackdown on cryptocurrencies, capital controls, illegal activities, and protecting citizens from financial risk are among the main reasons cited by experts. Indeed, Chinese regulators have imposed tighter controls, such as capping overseas withdrawals and regulating foreign direct investment, to limit capital inflows and ensure inward investment. Anonymity and the ease of cross-border transactions have made cryptocurrency a favorite vehicle for money laundering and fraudulent activity.

Since 2011, China has played a crucial role in Bitcoin’s meteoric rise and fall. At its peak, China accounted for more than 95% of global Bitcoin trading volume and three-quarters of mining operations. As regulators stepped in to monitor trade and mining operations, China’s dominance was significantly reduced in exchange for stability.

Countries like Korea and India are following these pressures, now casting a shadow over the future of cryptocurrency. (I’ll repeat my point here: countries regulate cryptocurrency, not ban it). We will no doubt see more countries joining in to rein in the stormy crypto market in the coming months. Indeed, some sort of order was long overdue. Over the past year, cryptocurrencies have experienced unheard of price volatility and ICOs are happening literally every day. In 2017, the total market capitalization increased from 18 billion US dollars in January to 828 billion US dollars.

Nevertheless, the Chinese community is surprisingly in good spirits despite the pressure. Online and offline communities are flourishing (I’ve personally attended several events and visited some firms) and blockchain startups are sprouting up all over China.

Big blockchain firms such as NEO, QTUM and VeChain are attracting a lot of attention in the country. Startups like Nebulas, High Performance Blockchain (HPB) and Bibox are also gaining quite a bit of traction. Even giants like Alibaba and Tencent are exploring the possibilities of blockchain to improve their platforms. The list goes on, but you get me; There will be a HUGGEE!

The Chinese government is also embracing blockchain technology and has increased its efforts to support the creation of a blockchain ecosystem in recent years.

In China’s 13th Five-Year Plan (2016-2020), it called for the development of promising technologies, including blockchain and artificial intelligence. It also plans to strengthen research on the application of fintech in regulation, cloud computing and big data. Even the People’s Bank of China is testing a prototype blockchain-based digital currency; however, it remains to be seen whether it will be accepted by Chinese citizens as it is likely to be a centralized digital currency injected with some encryption technology.

The launch of the Secure Blockchain Open Lab by the Ministry of Industry and Information Technology as well as the China Blockchain Technology and Industry Development Forum are some of the other initiatives by the Chinese government to support the development of blockchain in China.

A recent report by the China Blockchain Research Center titled “China Blockchain Development Report 2018” detailed the development of the blockchain industry in China in 2017, including the various measures taken to regulate cryptocurrency on the mainland. In a separate section, the report highlighted the optimistic outlook of the blockchain industry and the massive attention it received from VCs and the Chinese government in 2017.

In summary, the Chinese government has shown a positive attitude toward blockchain technology despite its application to cryptocurrency and mining operations. China wants to control cryptocurrency, and China will get control. Repeated enforcement by regulators was intended to protect citizens from the financial risk of cryptocurrencies and limit capital flows. Currently, it is legal for Chinese citizens to hold cryptocurrencies, but they are not allowed to carry out any form of transactions; therefore, exchange is prohibited. As the market stabilizes in the coming months (or years), we will undoubtedly witness a revival of the Chinese crypto market. Blockchain and cryptocurrency go hand in hand (except on a private chain where a token is redundant). So countries can’t ban cryptocurrency without banning blockchain, which is an awesome technology!

One thing we can all agree on is that blockchain is still in its infancy. We have many exciting developments ahead of us and right now is definitely the best time to lay the groundwork for a blockchain-powered world.

Finally, HODL!

Cryptocurrency trading has taken the world by storm and has become the norm for most traders and investors. If you are motivated enough to do your research before you start trading, you have a chance of real growth and profit in the end. The worst thing you can do when it comes to this type of trading is to go into it blindly because it’s what everyone else is doing. A little research on major currencies and a deep dive into the basics of buying and trading can make a big difference. Below are some guidelines to help you succeed in your trading.

Take the time to understand how blockchain works

Blockchain technology has redefined transactions and is changing everything. A blockchain can be defined as a list of records that are continuously cryptographically protected and converted into linked blocks. Blockchains are immutable and serve as a public transaction ledger between parties. The transparent and decentralized nature of blockchain makes it highly secure and in the world of hacking, it is truly functional and reliable. It solves the problems of manipulation that are evident in the world today. While no one person can claim to understand everything that is blockchain, learning a few basics will give you an easier time with your trading.

Know and learn the best currencies

Due to the popularity of currencies, the virtual currency space is getting crowded. The fact is that today there are more than 100 cryptocurrencies, which means that you need to know which one is the best and most popular, so that you can choose your purchase correctly, taking into account profitability. Bitcoin accounts for half of the entire market with the highest volume, but Litecoin and Ethereum are also on top, giving Bitcoin a run. Get as much information as possible about the currency you are interested in. The more you know, the better you are at making decisions; in fact you can trade multiple cryptocurrencies without any problem.

Pay attention to the risks that arise

Bitcoin and other currencies are highly volatile, even compared to the stock market and gold. Remember that this is still a technology in its early days and faces many challenges. The odds of profit are quite high, but so are the risks. Public opinion about a currency can actually affect its value. What goes up is bound to come down, so be careful with the trading moves you make. The higher the risks, the higher the rewards can be, but also be prepared for losses. Regardless of your cryptocurrency of choice, the best thing you can do is watch for events that can affect prices and act fast.

Once you know all the essentials of cryptocurrency trading, you can go ahead and open a brokerage account and fund it, then start buying and selling currencies. Rewards abound for avid traders.

Crypto trading can be profitable when a trader is able to monitor the market around the clock. However, this is something that can be difficult to do, but fortunately there are crypto signal services that can be used to offer the necessary assistance in trading. They offer signals so that traders can make the right decisions with their trades at the right time for that matter. With cryptocurrency trading becoming so popular, a number of crypto signal services have emerged. So how do you choose the best one to offer valuable information to make your trading the most successful?

Quality of service

It is one of the most important factors that you should consider when choosing services. A trading platform should have an impressive forecasting success rate and also provide relevant signals to guide you through trading and market trends. Signals should also be sent immediately so that they correspond to real market activity. Check that they generate the signal as fast as possible; makes all the difference.

Reliability

Remember that you will be relying on them to guide you in your trading, so you want to choose someone you can fully trust to make a safe choice. This means that you should choose a 100% legitimate provider. Whether it’s expert traders or automated software, a provider that tells you how they generate signals is more reliable. In a world full of scams, you really want to be careful who you choose to work with.

Free trial

One of the best ways to tell if a provider is genuine is if they offer you a free trial of the services they offer. This even applies when it comes to cryptocurrency trading. A provider that offers free signals for a certain period of time gives you a chance to determine the quality and reliability of the service. By trying before investing, you enter the services with full confidence and trust. Legitimate signals will have no problems, giving you the freedom to decide whether to work with them or look elsewhere if you’re not happy with what you’re getting.

Evaluation

Even with a free trial, you definitely need to subscribe to the services at some point. Avoid providers that offer signals for free, as they may not be legitimate. However, you shouldn’t be tricked into paying huge amounts for a subscription either. Prices should be commensurate with the quality of service you will enjoy. Do your math and a little research so you can make the right decisions in the end.

Support

Apart from being available 24/7 for your assistance, they should be knowledgeable about the digital currency exchange and the programs they offer you. Without that kind of support, you’ll still have trouble enjoying the value the services are meant to add to you.

As a modern form of digital asset, cryptocurrency has gained worldwide popularity for easier and faster financial transactions, and its awareness among people has allowed them to show more interest in this field, thereby opening up new and advanced methods of payments. With the increasing demand of this global phenomenon, new traders and business owners are willing to invest in this currency platform despite its fluctuating prices, but it is quite difficult to choose the best one when the market is crowded. In the list of cryptocurrencies, bit-coins are one of the oldest and most popular in the last few years. It is mainly used to trade goods and services and it is creating a frenzy among the public by becoming part of a computerized block chain system that allows anyone to use it.

Ordinary people who want to buy BTC can use the online wallet system to conveniently buy them in exchange for cash or credit cards and from thousands of BTC pools around the world and store them as assets for the future. Due to their popularity, many corporate investors now accept them as cross-border payments, and growth is inevitable. With the advent of the internet and mobile devices, as BTC financial transactions are accessible and its price is set according to people’s preferences and preferences, gathering information has become quite easy, thus leading to a profitable investment. Recent surveys also proved that volatility is good for BTC exchange, as if there is instability and political unrest in the country because banks are suffering, then investing in BTC can definitely be a better option. Still, bitcoin transaction fees are quite cheap and it is a more convenient technology to enter into contracts, thus attracting the crowd. BTC can also be converted into various fiat currencies and is used for securities trading, land ownership, document sealing, public rewards and vice versa.

Another leading blockchain project is Ethereum, or ETH, which provides more of a service than a digital form of cryptocurrency, and whose popularity over the past few decades has allowed billions of people to hold wallets. With the convenience of the online world, ETH has allowed retailers and business organizations to accept them for trading purposes, so it can serve as the future of the financial system. Also being open source, ETH helps collaborate with projects from different firms and industries, thus increasing their utility. Again, unlike bitcoin, which is used to exchange money on a digitized network, ETH can be used for many applications in addition to financial transactions, and does not require prior approval from governments, so people can use them with their portable devices. The price of Ether has also remained stable, and it avoids the hassle of third-party intermediaries such as lawyers or notaries, as exchanges are software-based, making ETH the second best cryptocurrency to invest in right now.