Bitcoin ( BTC ) Exchanges Volume Ranking - Coinhills

MXC Exchange – One-stop Service Provider

MXC Exchange – One-stop Service Provider
Established in 2018, MXC has become a one-stop service provider. It is now able to provide users spot, margin, contract, leveraged ETF, Index Products, Contract, PoS Staking, OTC services.
It emerges as one of the fastest growing exchanges in the world. In 2019, the daily trading volume of MXC took 5% of the world’s digital market. Besides, leveraged ETF products on MXC took lion share in the world of the same kind of products based on data from CryptoRank. On top of that, It obtained regulation-compliance licenses in many countries, like U.S., Canada, Australia, etc. and is able to carry out digital asset service in these countries.
https://preview.redd.it/xmdorlqtjt951.png?width=1298&format=png&auto=webp&s=b791ee9dc47ff43cca9bf281cacbc05a61fa2632
In the aspect of OTC trading, MXC established partnership with Simplex, a European regulation-compliance payment company, and Banxa, a legal payment company in South-east Asia, allowing users to use Visa and Mastercard to buy cryptocurrencies, like BTC, ETH, etc. directly.
In the aspect of spot trading, MXC now support over 200 trading pairs. In addition to the top market cap coins and token, it has listed many high-quality DeFi projects, like COMP, MKR, SNX, KNC, LEND, REN, BNT, IDEX, SWTH, OKS, RUNE, KAVA, BAL, UMA, etc. as well as projects of Polkadot ecosystem, like KSM, EDG, PCX, RING, etc.
In the aspect of margin trading, MXC supports the largest number of margin pairs among all exchanges across the globe, with 2 – 10x leverage available. The automatic loan and repayment functions are available. With the coming of the upgraded margin system, the depth, price difference, loan efficiency and matching efficiency have greatly updated.
In the aspect of leveraged ETF, MXC, learned from traditional financial products, introduced in re-balance system, so there’s no liquidation risks in buying leveraged ETF products. Leveraged ETF tracks the changes of the underlying assets with 3x leverage. “3L” products refer to 3x long, while “3S” products 3x short. Now it 3x leverage for 29 cryptocurrencies, including BTC, BCH, BSV, DASH, ZEC, ATOM, XTZ, ALGO, etc.
In the extreme market on March 12, 2020, BTC plummeted a high of 52.36% and the ordinary 3x leverage products for BTC plunged by 157.08%. However, with the re-balance system, the BTC3L product on MXC decreased by 92.96%, lower than the ordinary 3x leverage products and protect the interest of users in some extent. Furthermore, in the following market, the BTC3L product rose by 236%, higher than the 167.41% of ordinary 3x leverage product.
The leveraged ETF once became the label of MXC, "Huobi's OTC, OKex’s contract, MXC’s ETF and Binance's spot." The popularity of leveraged ETFs has attracted many exchanges to follow suit.
In terms of index products, MXC officially launched index products under the ETF zone, including decentralized storage asset index, mainstream cryptocurrency index, DeFi asset index, public chain index, 2020 halving cryptocurrency index.
MXC index products are similar to traditional financial fund products, and each index product is composed of multiple constituent cryptocurrencies. According to the announcement, the MXC Index product will be adjusted according to the average daily turnover ratio of the previous 30 days, that is, the proportion of the component cryptocurrency will be adjusted. If the target does not meet the representativeness and investability, the index may be removed from the product.
Decentralized storage combination components are STORJ, LAMB, GNX, BLZ; mainstream currency combination, components are BTC, ETH, LTC, EOS, ETC, BCH, BSV, XRP; DeFi asset components are KNC, ZRX, KAVA, NEST; Public chain combination, the components are TRX, VET, NEO, QTUM, BTM, ONT, IOST; halving index components are BTC, ETC, BCH, BSV, ZEC, DASH.
Index products can help users not miss the bull market. Any one of the constituent cryptocurrencies increase, the user can make gains. Secondly, it can help avoid the risk of a single cryptocurrency’s plunging. In addition, it can also help save investment time and improve investment efficiency.
In terms of contract transactions, MXC upgraded the contract trading system and launched a new version of the contract in June this year. MXC contract trading currently supports free adjustment of 1-100x leverage multiples. In the isolated margin mode, users can still adjust the leverage multiples after opening a position, and support isolated margin conversion to cross margin, which can help users pursue the market with all their strength.
It supports users to place stop profit and stop loss orders at the same time, while occupying only one margin. It supports Post Only (Maker only) and IOC (Immediately or cancel all) strategies. Under Post Only (Maker only), the user will not immediately place an order on the market when placing an order, to ensure that the order is always Maker (pending order), saving handling fees. IOC function, that is, if the order cannot be fully executed, the rest will be cancelled.
For example, the BTC price index of MXC selects the bitcoin spot prices of 6 exchanges, namely: Coinbase, Bitstamp, Binance, Huobi, OKEx, Bitfinex. If the spot price of an exchange deviates from the median of all exchanges by ±3%, the spot price of the exchange is calculated according to the median of ±3%. Use reasonable prices for liquidation, which are based on index prices.
In addition, underlined proper nouns on the webpage, as long as the mouse points up, the corresponding explanation will be displayed, which is convenient for users to understand.
In terms of PoS pools, MXC supports three types of PoS: Saving, Staking and Lending. Among them, PoS saving does not need to lock assets, and holding assets can obtain income.
submitted by SimonZhu666 to MXCexchange [link] [comments]

How do I Buy Bitcoin & Crypto? - Pros & Cons of 5 Exchanges

Are you looking to start investing in cryptocurrency and wondering the best place to buy it? Or if you are in the US, are you wondering which crypto exchanges are legal for you to use? Below is a list of 5 cryptocurrency exchanges that, as of this post, are all legal for US citizens. I have also included a quick break down on the pros and cons of each exchange. This is not a complete list of every exchange available to US citizens as there are others, but these are my own personal top 5 based on characteristics such as ease of use, security, fees, liquidity and selection of available coins to trade. If you are not located in the US there is a good chance most of these exchanges are available to you as well, you will just need to check with the exchange and look up your own country's policies regarding the purchase of cryptocurrencies.
As you go through the list please keep in mind, while I do have them ranked 1 through 5, there is not a lot separating them and each of these exchanges offer something a little unique from the others. Everyone's investment goals and preferences are going to be a little different so my #5 exchange here could be your #1 based on your criteria. It is also pretty likely that if you end up wanting to invest in 5 or more coins at some point, no one exchange is going to have all of them available so you will likely need to open multiple accounts anyways. Okay, on to the list.

1) Binance US
Binance US is an offshoot of one of the largest cryptocurrency exchanges out there, Binance.com. They created Binance US in response to US citizens being banned from using their main exchange back in 2019. These two exchanges function much the same with the biggest difference being that Binance US has a slightly smaller pool of cryptos listed on their exchange, which currently is a little over 30 coins. Other than that, all of the great features of Binance.com that have helped it become one of the largest crypto exchanges in the world, apply to Binance US as well.
PROS
- Low Fees: Start at 0.10% spot trading fee and goes down from there depending on your trading frequency. You can also save an additional 25% off your trading fees by holding their native token BNB.
- High Trading Volume: Allows you to get in and out of your positions more easily.
- Coin Selection: Currently as of this writing there are over 30 different coins available to be traded.
- Reliability / Reputation: As one of the larger players in the crypto space, Binance is able to offer a bit of security as they are able to throw a lot of money at any potential problems with things like hackers. Binance US puts away a set portion of their earnings every month in a fund that acts as insurance against any funds that may be lost due to hackers. Back in 2019 they had an incident where 40 million dollars of crypto was stolen by hackers and they reimbursed every penny to their customers.
CONS
- Interface: Trading can be a little confusing for those not used to trading cryptocurrencies. While it is not too difficult to learn, a couple of the upcoming exchanges on my list are a little more user friendly for those who are new to the space.
All things considered, right now if I was getting started with Crypto trading in the US, Binance US would be the first account that I created. If you would like to open an account you can use the link below. If you are located outside of the United States I would suggest opening an account on the the original Binance.com exchange as they currently have a wider selection of cryptos to pick from. Below is a link for their sign up as well if you are interested.
Binance US Sign Up
Binance Sign Up (Non-US Citizens)

2) Crypto.com
Crypto.com is on a mission to be the leader in cryptocurrency adoption to the masses and is trying to bridge the gap between the worlds of blockchain and traditional finance. Along with trading cryptocurrencies they have programs on their app like Earn, Invest, Pay & Credit which you would find with more traditional finance companies. For instance, through their Earn program there are many coins you can earn interest on by locking them up for a set time period. Depending on the coin, how many MCO (Crypto.com native coin) you have staked and how long you keep your tokens locked up for, you can earn anywhere from 2% to 18% interest which a lot better than any bank is going to do for you these days.
One of the best features of Crypto.com, in my opinion, are their great eye-catching, metal crypto MCO reward credit cards. These cards pay you cashback, in the form of their MCO token, for all of your day to day purchases anywhere that VISA is accepted. Depending on which level of card you get, these credit cards reward 1% to 5% cashback on all spending along with other great benefits like free ATM & international withdrawals, 100% cashback on Spotify & Netflix subscriptions and airport lounge access. In order to get your hands on one of these cards you will need to open a Crypto.com account if you don’t already have one. There is good news if you don’t already have one, as new sign ups can get $50 worth of MCO tokens free by using the link and promo code I have posted below. Please note that the $50 of MCO tokens will remain locked until you deposit & stake at least 50 MCO tokens toward the sign up of the particular card you are interested in. If you want to know a little more about these cards you can check out method #3 in my earlier post 5 Easy Legitimate Ways to Earn Free Crypto where I go into a bit more detail on them. However, for the purpose of this post, let's get to some pros and cons of their exchange platform.
PROS
- Low Fees: Start at 0.20% and go lower from there depending on your trading volume.
- Coin Selection: Currently as of this writing there are 53 different coins available to be traded.
- Interface: Easy to use app that is very user friendly.- Customer Service: One of the best customer service programs in the industry if you need any help.
CONS
- App Only: No desktop version, all functions on the exchange must be done via their app.
- History: Founded in 2016 so they are still relatively new to the industry.
Crypto.com is a great option if you are looking to trade cryptocurrencies and also want to take advantage of things like their cash back VISA cards and Earn program that pay you great interest rates as you hold your coins. Below is a link you can use to sign up for a new account. If you are also interested in getting one of their MCO Visa cards, use the link below along with the promo code to get $50 of their MCO token free.
Crypto.com Sign Up
PROMO CODE: gapena3dq4

3) Coinbase Headquartered in San Francisco, Coinbase is the largest US-based crypto exchange with about 20 million current users. Like Crypto.com, they are trying to bring cryptocurrency trading to the masses through an easy to use interface and education. One way they try to educate their users is through their Coinbase Earn program where they offer free crypto for watching short educational videos teaching you about the various coins they offer on their exchange. I will not go into the details of that program here, but if you are interested in checking it out I go into a bit more detail on it in my post 5 Easy Legitimate Ways to Earn Free Crypto. Now on to some of the pros and cons.
PROS
- High Trading Volume: Allows you to get in and out of your positions easily.
- Interface: Easy to use desktop interface and trading mechanisms for those new to crypto trading.
- Insurance: Coinbase carries an insurance policy that covers 2% of all assets on the exchange and they keep the other 98% in cold storage.
CONS
- Fees: While their fee structure is not horrible, it is a bit higher than Crypto.com and Binance US. Crypto to crypto trading fees are at 0.50% / bank purchases at 1.49% / credit & debit card purchases at 3.99%.
- Coin Selection: Currently they only have about 20 coins to choose from, however they are looking to add a bunch more soon.
Coinbase is a solid choice for anyone looking to get started in crypto trading. If you would like to open an account you can use the link below which will get you $10 of free Bitcoin as a sign up bonus. Please note that to get the free $10 you must buy or sell $100 worth of crypto within 180 days of signing up.
Coinbase Sign Up

4) Robinhood
Robinhood is the pioneer of no fee trading for securities which is the main benefit of this exchange. It also is, to my knowledge, one of the few exchanges that allow you to trade both traditional stocks and cryptocurrencies. Technically their stock and crypto exchanges are separate entities, however you can seamlessly trade them both from the same account on their app. This is great for those who would like to get started trading in both crypto and traditional stocks but don't want to open multiple accounts. Or for those who might want to trade back and forth between stocks and crypto but don't want to have to transfer money between accounts to do so. Now to explore some other features of the Robinhood exchange let's get into the pros and cons.

PROS
- Fees: None (FREE!)
- Flexibility: Can trade multiple asset classes (Stocks, Crypto, ETFs, Options)
- Interface: Easy to use app that is very user friendly. Desktop version available as well.

CONS
- Coin Selection: Currently only offer 7 coins that can be traded (BTC, BCH, BSV, DOGE, ETH, ETC, LTC)
- Coin Mobility: Your coins must remain on the Robinhood exchange. You cannot transfer your coins to another exchange or withdraw them to put in your own digital wallets.
With their user friendly interface and no fees, Robinhood is very appealing for those just getting into crypto trading. If you are just looking to buy some of the higher cap coins like Bitcoin and Etherium, this exchange can be a good fit for you. However if you know there are some projects you would like to invest in that are not listed above, you may want to choose some of the other exchanges on this list, or both. If you are unsure at this point if you want to invest beyond coins like Bitcoin and Etherium in the future, it doesn't hurt to start here, get your feet wet and open another account down the road if you have other projects you get interested in. If you would like to open an account you can use the link below to get one free stock with sign up! This free stock will be valued somewhere between $2.50 and $200.
Robinhood Sign Up

5) Kraken
Kraken exchange is based out of the United States and was founded back in 2011. While there is no specific trait that blows away the competition with this exchange, it does most everything pretty well. Like most crypto exchanges at this point, your funds on there are not FDIC insured, however Kraken does keep a separate fund that serves as an insurance policy and is currently over 100 million dollars. They also show great transparency and compliance with programs like their Proof of Reserves which offers proof that they hold all of the funds that they say they do. Here is quick break down of their pros and cons.

PROS
- Low Fees: Range from 0.10% to 0.26% depending on your trading frequency.
- High Security: One of the best reputations in the industry for security.
- Coin Selection: Good but not great. Currently they have about 20 coins available for trading.

CONS
- Interface: Making trades can be a little confusing for beginners who are not familiar with their format. However with a couple quick tutorials most of you should be able to get familiar with it pretty quickly.
To open an account and begin trading with Kraken use the link below.
Kraken Sign Up

Interested in some ways you can passively earn free crypto?

Below is a link to a previous post that shares my best ways to earn free crypto in 2020 with the least amount of effort.
5 Easy Legitimate Ways to Earn Free Crypto
submitted by CaliBum16 to Crypto_General [link] [comments]

Bitcoin Cash Price Prediction 2020

Bitcoin Cash Price Prediction 2020
by StealthEX

What is BCH coin?

Bitcoin Cash (BCH) is a cryptocurrency that was created as a result of Bitcoin’s hard fork on August 1, 2017. The project is focused on struggling with the limitations existing in the original Bitcoin. Any user who had BTC at the time of the fork became the owner of an equivalent amount of BCH.
The project’s main features that are stand out from the original Bitcoin:
• Block size 8 MB, which allows processing more transactions faster.
• Transactions protection from repeating and wiping out.
• Security improvements.
Today Bitcoin Cash is well known and fifth-largest cryptocurrency by market capitalization.

Bitcoin Cash Statistics

Source: CoinMarketCap, Data was taken on 9 July 2020.
Current Price $237.94
ROI since launch -57.18%
Market Cap $4,391,638,938
Market Rank #5
Circulating Supply 18,457,275 BCH
Total Supply 18,457,275 BCH

Bitcoin Cash achievements and future plans

In 2019 the project has gone through the following milestones:
• Bitcoin Cash protocol successfully implemented Schnorr signature functionality and Segwit recovery exemption.
• Merchant adoption growth: 1,128 online merchants, 1,772 brick-and-mortar merchants. Moreover, various well-known retailers cooperated with Bitpay, adding more BCH acceptance to the overall landscape.
• Privacy improvement: the full-featured version of Cashshuffle was introduced in March 2019.
• The launch of a local BCH marketplace.

What to expect in the future?

The project’s main goal to become sound money that is usable by everyone in the world. The Bitcoin Cash team will concentrate on the further development of usability, extensibility, and scaling issues:
• Adaptive Block Size.
• Merklix-Metadata Tree.
• Fractional Satoshis (fees low forever).
• New Transaction Format (more capable, more compact) and so on.

Bitcoin Cash Technical Analysis

Source: Tradingview, Data was taken on 9 July 2020.

Bitcoin Cash Price Prediction 2020

TradingBeasts BCH price prediction

The price for Bitcoin Cash price is forecasted to reach a maximum price of $259.186 per coin by the beginning of this August (+8.93%). By the end of December 2020, BCH expected maximum price will reach $228.149 (-4.11%), while the minimum price of BCH could be around $155.14 (-34.79%).

Wallet investor BCH coin price prediction

According to Wallet investor’s forecasting, BCH is a bad long-term investment. The Wallet investor says that Bitcoin Cash will not replace Bitcoin in the near future. At the same time, the average price per coin may reach $617.517 by the end of December (+159.53%). The minimum price will stay around $183.969 (-22.68%).

DigitalCoinPrice BCH price prediction

According to DigitalCoinPrice Bitcoin Cash (BCH) price will increase in the near future. By the end of the year 2020, the average price will be $571.74 per coin (+140.29%).

Where to buy BCH coin

Bitcoin Cash (BCH) is available for exchange on StealthEX with a low fee. Follow these easy steps:
✔ Choose the pair and the amount for your exchange. For example BTC to BCH.
✔ Press the “Start exchange” button.
✔ Provide the recipient address to which the coins will be transferred.
✔ Move your cryptocurrency for the exchange.
✔ Receive your coins.
Follow us on Medium, Twitter, Facebook, and Reddit to get StealthEX.io updates and the latest news about the crypto world. For all requests message us via [email protected]
The views and opinions expressed here are solely those of the author. Every investment and trading move involves risk. You should conduct your own research when making a decision.
Original article was posted on https://stealthex.io/blog/2020/07/09/bitcoin-cash-price-prediction-2020/
submitted by Stealthex_io to StealthEX [link] [comments]

Best Exchanges to Buy Bitcoin & Crypto in the US (Pros & Cons)

Are you looking to start investing in cryptocurrency and wondering where the best place to buy it is? Or if you are in the US, are you wondering which crypto exchanges are legal for you to use? Below is a list of 5 cryptocurrency exchanges that, as of this post, are all legal for US citizens. I have also included a quick break down on the pros and cons of each exchange. This is not a complete list of every exchange available to US citizens as there are others, but these are my own personal top 5 based on characteristics such as ease of use, security, fees, liquidity and selection of available coins to trade. If you are not located in the US there is a good chance most of these exchanges are available to you as well, you will just need to check with the exchange and look up your own country's policies regarding the purchase of cryptocurrencies.
As you go through the list please keep in mind, while I do have them ranked 1 through 5, there is not a lot separating them and each of these exchanges offer something a little unique from the others. Everyone's investment goals and preferences are going to be a little different so my #5 exchange here could be your #1 based on your criteria. It is also pretty likely that if you end up wanting to invest in 5 or more coins at some point, no one exchange is going to have all of them available so you will likely need to open multiple accounts anyways. Okay, on to the list.

1) Binance US
Binance US is an offshoot of one of the largest cryptocurrency exchanges out there, Binance.com. They created Binance US in response to US citizens being banned from using their main exchange back in 2019. These two exchanges function much the same with the biggest difference being that Binance US has a slightly smaller pool of cryptos listed on their exchange, which currently is a little over 30 coins. Other than that, all of the great features of Binance.com that have helped it become one of the largest crypto exchanges in the world, apply to Binance US as well.

PROS
- Low Fees: Start at 0.10% spot trading fee and goes down from there depending on your trading frequency. You can also save an additional 25% off your trading fees by holding their native token BNB.
- High Trading Volume: Allows you to get in and out of your positions more easily.
- Coin Selection: Currently as of this writing there are over 30 different coins available to be traded.
- Reliability / Reputation: As one of the larger players in the crypto space, Binance is able to offer a bit of security as they are able to throw a lot of money at any potential problems with things like hackers. Binance US puts away a set portion of their earnings every month in a fund that acts as insurance against any funds that may be lost due to hackers. Back in 2019 they had an incident where 40 million dollars of crypto was stolen by hackers and they reimbursed every penny to their customers.
CONS
- Interface: Trading can be a little confusing for those not used to trading cryptocurrencies. While it is not too difficult to learn, a couple of the upcoming exchanges on my list are a little more user friendly for those who are new to the space.
All things considered, right now if I was getting started with Crypto trading in the US, Binance US would be the first account that I created. If you would like to open an account you can use the link below. If you are located outside of the United States I would suggest opening an account on the the original Binance.com exchange as they currently have a wider selection of cryptos to pick from. Below is a link for their sign up as well if you are interested.
Binance US Sign Up
Binance Sign Up (Non-US Citizens)

2) Crypto.com
Crypto.com is on a mission to be the leader in cryptocurrency adoption to the masses and is trying to bridge the gap between the worlds of blockchain and traditional finance. Along with trading cryptocurrencies they have programs on their app like Earn, Invest, Pay & Credit which you would find with more traditional finance companies. For instance, through their Earn program there are many coins you can earn interest on by locking them up for a set time period. Depending on the coin, how many MCO (Crypto.com native coin) you have staked and how long you keep your tokens locked up for, you can earn anywhere from 2% to 18% interest which a lot better than any bank is going to do for you these days.
One of the best features of Crypto.com, in my opinion, are their great eye-catching, metal crypto MCO reward credit cards. These cards pay you cashback, in the form of their MCO token, for all of your day to day purchases anywhere that VISA is accepted. Depending on which level of card you get, these credit cards reward 1% to 5% cashback on all spending along with other great benefits like free ATM & international withdrawals, 100% cashback on Spotify & Netflix subscriptions and airport lounge access. In order to get your hands on one of these cards you will need to open a Crypto.com account if you don’t already have one. There is good news if you don’t already have one, as new sign ups can get $50 worth of MCO tokens free by using the link and promo code I have posted below. Please note that the $50 of MCO tokens will remain locked until you deposit & stake at least 50 MCO tokens toward the sign up of the particular card you are interested in. If you want to know a little more about these cards you can check out method #3 in my earlier post 5 Easy Legitimate Ways to Earn Free Crypto where I go into a bit more detail on them. However, for the purpose of this post, let's get to some pros and cons of their exchange platform.

PROS
- Low Fees: Start at 0.20% and go lower from there depending on your trading volume.
- Coin Selection: Currently as of this writing there are 53 different coins available to be traded.
- Interface: Easy to use app that is very user friendly.- Customer Service: One of the best customer service programs in the industry if you need any help.

CONS
- App Only: No desktop version, all functions on the exchange must be done via their app.
- History: Founded in 2016 so they are still relatively new to the industry.

Crypto.com is a great option if you are looking to trade cryptocurrencies and also want to take advantage of things like their cash back VISA cards and Earn program that pay you great interest rates as you hold your coins. Below is a link you can use to sign up for a new account. If you are also interested in getting one of their MCO Visa cards, use the link below along with the promo code to get $50 of their MCO token free.

Crypto.com Sign Up
PROMO CODE: gapena3dq4


3) Coinbase Headquartered in San Francisco, Coinbase is the largest US-based crypto exchange with about 20 million current users. Like Crypto.com, they are trying to bring cryptocurrency trading to the masses through an easy to use interface and education. One way they try to educate their users is through their Coinbase Earn program where they offer free crypto for watching short educational videos teaching you about the various coins they offer on their exchange. I will not go into the details of that program here, but if you are interested in checking it out I go into a bit more detail on it in my post 5 Easy Legitimate Ways to Earn Free Crypto. Now on to some of the pros and cons.

PROS
- High Trading Volume: Allows you to get in and out of your positions easily.
- Interface: Easy to use desktop interface and trading mechanisms for those new to crypto trading.
- Insurance: Coinbase carries an insurance policy that covers 2% of all assets on the exchange and they keep the other 98% in cold storage.

CONS
- Fees: While their fee structure is not horrible, it is a bit higher than Crypto.com and Binance US. Crypto to crypto trading fees are at 0.50% / bank purchases at 1.49% / credit & debit card purchases at 3.99%.
- Coin Selection: Currently they only have about 20 coins to choose from, however they are looking to add a bunch more soon.
Coinbase is a solid choice for anyone looking to get started in crypto trading. If you would like to open an account you can use the link below which will get you $10 of free Bitcoin as a sign up bonus. Please note that to get the free $10 you must buy or sell $100 worth of crypto within 180 days of signing up.
Coinbase Sign Up

4) Robinhood
Robinhood is the pioneer of no fee trading for securities which is the main benefit of this exchange. It also is, to my knowledge, one of the few exchanges that allow you to trade both traditional stocks and cryptocurrencies. Technically their stock and crypto exchanges are separate entities, however you can seamlessly trade them both from the same account on their app. This is great for those who would like to get started trading in both crypto and traditional stocks but don't want to open multiple accounts. Or for those who might want to trade back and forth between stocks and crypto but don't want to have to transfer money between accounts to do so. Now to explore some other features of the Robinhood exchange let's get into the pros and cons.

PROS
- Fees: None (FREE!)
- Flexibility: Can trade multiple asset classes (Stocks, Crypto, ETFs, Options)
- Interface: Easy to use app that is very user friendly. Desktop version available as well.

CONS
- Coin Selection: Currently only offer 7 coins that can be traded (BTC, BCH, BSV, DOGE, ETH, ETC, LTC)
- Coin Mobility: Your coins must remain on the Robinhood exchange. You cannot transfer your coins to another exchange or withdraw them to put in your own digital wallets.

With their user friendly interface and no fees, Robinhood is very appealing for those just getting into crypto trading. If you are just looking to buy some of the higher cap coins like Bitcoin and Etherium, this exchange can be a good fit for you. However if you know there are some projects you would like to invest in that are not listed above, you may want to choose some of the other exchanges on this list, or both. If you are unsure at this point if you want to invest beyond coins like Bitcoin and Etherium in the future, it doesn't hurt to start here, get your feet wet and open another account down the road if you have other projects you get interested in. If you would like to open an account you can use the link below to get one free stock with sign up! This free stock will be valued somewhere between $2.50 and $200.
Robinhood Sign Up

5) Kraken
Kraken exchange is based out of the United States and was founded back in 2011. While there is no specific trait that blows away the competition with this exchange, it does most everything pretty well. Like most crypto exchanges at this point, your funds on there are not FDIC insured, however Kraken does keep a separate fund that serves as an insurance policy and is currently over 100 million dollars. They also show great transparency and compliance with programs like their Proof of Reserves which offers proof that they hold all of the funds that they say they do. Here is quick break down of their pros and cons.

PROS
- Low Fees: Range from 0.10% to 0.26% depending on your trading frequency.
- High Security: One of the best reputations in the industry for security.
- Coin Selection: Good but not great. Currently they have about 20 coins available for trading.

CONS
- Interface: Making trades can be a little confusing for beginners who are not familiar with their format. However with a couple quick tutorials most of you should be able to get familiar with it pretty quickly.
To open an account and begin trading with Kraken use the link below.
Kraken Sign Up

Interested in some ways you can passively earn free crypto?

Below is a link to a previous post that shares my best ways to earn free crypto in 2020 with the least amount of effort.
5 Easy Legitimate Ways to Earn Free Crypto
submitted by CaliBum16 to Crypto_General [link] [comments]

Monero, the Most Private Cryptocurrency

Monero, the Most Private Cryptocurrency
Written by the CoinEx Institution, this series of jocular and easy to understand articles will show you everything you need to know about major cryptocurrencies, making you fully prepared before jumping into crypto!

https://preview.redd.it/ryvcznqspe451.jpg?width=720&format=pjpg&auto=webp&s=5fa91e26288d7b0a624113ed21172cc9fd5624a3
Monero, or XMR for short, is an open-source cryptocurrency that is safe, reliable, private, and untraceable. It can run on Windows, Mac, Linux, and FreeBSD, and is known as one of the most private cryptocurrencies. In 2018, Monero already ranked 10th in terms of trading volume, with its market value beyond 1 billion US dollars, an evidence for its great fame in this field.
By a special method in cryptography, Monero ensures that all transactions remain 100% irrelevant and untraceable. Perhaps after reading this article, you will understand why it is so special and popular in the increasingly transparent and traceable cryptocurrency circle (After all privacy comes first!).
In fact, many large cryptocurrencies in the world are not anonymous. All transactions on Bitcoin and Ethereum are made public and traceable, which means that anyone can eavesdrop on transactions flowing into and out of the wallet. That has given rise to a new type of cryptocurrency called “privacy currency”! These “privacy currencies” hide encrypted transactions by adopting specific types of passwords. One typical example is Monero, one of the largest privacy cryptocurrencies in the world.
Monero was created on April 18, 2014 under the name BitMonero, literally the combination of Bit (Bitcoin) and Monero (the “coin” in Esperanto). In five days, the community decided to change its name to Monero.
Interestingly, Monero’s creators valued personal privacy and tried to behave in a low-key manner with pseudonyms instead of the real names. It is said that the Monero major contributor’s nickname is “thankful for today”, yet this guy has gradually disappeared from public view as Monero developed day by day.
Unlike many cryptocurrencies derived from BTC, Monero is based on the CryptoNote protocol. It is also the first branch based on the Bytecoin of CryptoNote currency. Here is some information about Bytecoin: BCN, for short, is a decentralized cryptocurrency with a high degree of privacy; it has open-source codes that allow everyone to contribute to the development of the Bytecoin network; and the Bytecoin network provides global users with instant private transactions that are not traceable and at no additional cost.
Yet, as a branch of BCN, Monero outshines its parent in reputation by being different in two ways. First, Monero’s target block time was reduced from 120 seconds to 60 seconds; second, the issuance speed was cut by 50% (which reverted to 120-second residence later, with the issuance time maintained and the reward for each new block doubled). By the way, during the fork, the Monero developers also found a lot of low-quality codes and then refactored them. (That is exactly what geeks will do)
Monero’s modular code structure was also highly appreciated by Wladimir J. van der Laan, one of the core maintainers of Bitcoin.
Monero values privacy, decentralization and scalability, and there are significant algorithm differences in blockchain fuzzification, which sets it apart from its peers. How private is it? Here are more details.
1. Safe and reliable
For a decentralized cryptocurrency, decentralization means that its network is operated by users; transactions are confirmed by decentralized consensus and then recorded on the blockchain irrevocably. Monero needs no third party to guarantee the safety of funds;
2. Privacy protection
Monero confuses all transaction sources, amounts, and recipients through ring signatures, ring confidential transactions, and invisible addresses. Apart from all the advantages of a decentralized cryptocurrency, it is by no means inferior in safeguarding privacy;
3. Unable to track
The sender, the receiver and the transaction amount of all Monero transactions must be anonymous by default. The information on the Monero Blockchain cannot be matched with physical individuals or specific users, so there is no trace to track;
4. Scalable
Everyone knows that Bitcoin’sability to process transactions has always been limited by the scalability issue; as we have mentioned before in the introduction of Bitcoin, the block size of 1MB makes things difficult. But Monero’s developers have created a system that allows the network to process more transactions when needed; what’s more, Monero does not have any “pre-set” restrictions on block size.
Of course, this also means that some malicious miners may block the system with large blocks. To prevent this from happening, Monero has worked out countermeasures: the block reward penalty of the system.
On October 18, 2018, Monero’s latest hard fork changed the consensus mechanism algorithm to CrypotoNight V8. In this hard fork, it introduced the BulletProff bulletproof protocol, which can also effectively reduce the transaction fee of miners without disclosing transactions
It is said that Monero will issue about 18.4 million XMR in around 8 years. Moreover, it eclipses its counterparts in distribution — with no pre-mining or pre-sale, all block rewards will be left to miners by means of the POW mechanism.
Here is the reward scheme of Monero in two stages:
  1. Acceleration: mine 18132000 XMR before May 2022;
  2. Deceleration: Deceleration starts right after 18132000 XMR are mined, and there will be a reward of 0.6XMR for each block mined afterwards. In this way, the overall supply will be kept on a small scale and decelerated.
Monero is also excellent in its development concept that is designed to be anti-ASIC from the very beginning. Here is a brief introduction to ASIC (Special Application Integrated Circuit).
Due to the specificity of ASICs, specially designed ASICs can usually have much higher hashrate than general CPUs, GPUs, and even FPGAs — that makes hashrate excessively centralized and makes it vulnerable to the monopoly of single centralized institutions. Yet the cryptonight algorithm used by Monero allows most CPUs and even FPGAs to get involved and get mining rewards, instead of making GPU the only one that can efficiently mine.
In other words, Monero’s core development team will modify the consensus mechanism algorithm and have a hard fork after some time to ensure its strength against ASIC and the monopoly of hashrate.
However, although Monero has been designed against ASICs to avoid centralization, nearly 43% of its hashrate is still owned by 3 mining pools; in addition, it is not a BTC-based currency, making it even harder to introduce some elements. Of course, Monero is not that newbie-friendly, and thus has not been widely accepted.
Yet each cryptocurrency has its own features. As long as Monero keeps improving its privacy, it will definitely attract increasing followers. If you are interested in Monero, welcome to CoinEx for exchange or trade.

About CoinEx

As a global and professional cryptocurrency exchange service provider, CoinEx was founded in December 2017 with Bitmain-led investment and has obtained a legal license in Estonia. It is a subsidiary brand of the ViaBTC Group, which owns the fifth largest BTC mining pool, which is also the largest of BCH mining, in the world.
CoinEx supports perpetual contract, spot, margin trading and other derivatives trading, and its service reaches global users in nearly 100 countries/regions with various languages available, such as Chinese, English, Korean and Russian.
Website: https://www.coinex.com/
Twitter: https://twitter.com/coinexcom
Telegram: https://t.me/CoinExOfficialENG
Click here to register on CoinEx!
submitted by CoinEx_Institution to Coinex [link] [comments]

Introduction to Cryptocurrencies — CET, the King of Public Chain Tokens that Has Gone through Thick and Thin

Introduction to Cryptocurrencies — CET, the King of Public Chain Tokens that Has Gone through Thick and Thin
Written by the CoinEx Institution, this series of jocular and easy to understand articles will show you everything you need to know about major cryptocurrencies, making you fully prepared before jumping into crypto!

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CET (CoinEx Token) is the native token of CoinEx DEX (Decentralized Exchange), the world’s first dedicated public chain to decentralized transactions. Launched in January 2018 by CoinEx, a global well-known digital asset trading service provider under ViaBTC, CET does not only exist as an exchange-based token, but plays the role of the base currency for the entire ecosystem of CoinEx Chain, and obtains richer application scenarios and higher empowerment.
As a token of a decentralized trading public chain, CET has attracted much attention in the industry with promising future.
Post-1990s entrepreneur Yang Haipo joined hands with Copernicus team to create CoinEx
Yang Haipo, the Founder and CEO of ViaBTC Group, is an entrepreneur born in the 1990s. He graduated from Northwestern Polytechnical University in 2012 with a major in mathematics and applied mathematics. He once worked at Tencent TEG / Weibo and Futu Securities. In 2011, when Yang Haipo was still in college, he got to know Bitcoin, and became one of the earliest Bitcoin investors. In 2014, this insightful young man seized the opportunity and bought Bitcoin at the full position. After leaving Tencent, Yang engaged in the mining industry, and served as the technical leader of Zeus Technology (one of the top three SCRYPT mining machine brands in the world) as a start of his entrepreneurship in this field.
In March 2016, Haipo threw himself into the deployment and development of the Bitcoin mining pool, and independently completed the entire code of the ViaBTC (ViaBTC Technology Limited) mining pool, which successfully went online 2 months later. That is also the world ’s first BCH mining pool. ViaBTC is not only the biggest BCH mining pool but also the fifth-largest Bitcoin mining pool. It not only elaborates on the vision of “making the world better through Bitcoin”, but also expresses Haipo’s belief in the industry.
Later Haipo found that the exchange could provide the industry with important functions of asset issuance and value discovery, which is the core of the entire industry. That is why he decided to devote himself to the development of the exchange. In March 2017, ViaBTC, led by Yang Haipo, received a 20-million-yuan Series A funding led by Bitmain to expand the exchange business.
In December of the same year, Haipo established CoinEx. CoinEx has taken on an irresistible momentum soon after its establishment, and attained great achievements within only two years:
In January 2018, CoinEx launched CET, a user value-added service privilege;
In July 2018, it ranked first among the global exchanges by trading volume;
In March 2019, it partnered with the Matrixport team to develop a new generation of high-performance public chain CoinEx Chain;
In September 2019, it became one of the management platforms with the most extensive global product layout;
In November 2019, it rolled out DEX, the world’s first decentralized transaction dedicated public chain;
In December 2019, CoinEx acquired the Estonian digital asset trading license
In March 2020, CoinEx integrated the first fiat onramp with Simplex
In April 2020, it Formed global strategic partnership with Matrixport
In May 2020, ViaBTC Group announced strategic upgrade……
At the same time, CoinEx is also one of the first trading platforms to obtain a compliance license. It provides diversified derivatives trading services such as spot trading, leveraged trading, and perpetual contracts. Moreover, the platform supports 15 languages including Chinese/English/Japanese/ Korean/Russian to provide safe and reliable transaction services for more than 1 million users in more than 100 countries and regions. At present, CoinEx has also attracted countless “CET believers”.
A deep look into CoinEx and CoinEx DEX
Many people may ask: What do CoinEx Chain and CoinEx DEX do, and how do them relate to CET? Before revealing more details about CET, let’s take a look at these questions~
CoinEx Chain is the world’s first public chain specifically designed for decentralized exchanges. Its Mainnet was officially launched in November 2019. CoinEx Chain contains 3 dedicated public chains, namely DEX Chain dedicated to decentralized transactions, Smart Chain dedicated to smart contracts, and Privacy Chain dedicated to user privacy and security protection. The innovative approach of “three chains in one” turns out to be a perfect solution to scalability, decentralization and security, known as the “impossible triangle” of the blockchain. At present, many domestic public chain teams still face the “blockchain trilemma”, but not CoinEx Chain. On CoinEx Chain, all tokens, not just CET, are free to cross the three chains, thus enabling more possibilities for transactions.
CoinEx DEX is the world’s first dedicated public chain for decentralized transactions. The shortcomings of many DEXs in the market lie in the failure to improve users’ trading experience, which is exactly what CoinEx DEX is committed to solving. Under the premise of decentralization, CoinEx DEX offers customers the experience approximately equal to that of a centralized exchange, with faster block speeds, higher TPS and better wallets.
CET is not only a token for the platform but also one for the public chain
After the introduction of concepts of both CoinEx Chain and CoinEx DEX, let’s talk about CET.
As a user value-added service privilege in the CoinEx ecosystem and also the token of CoinEx Chain, CET acts as a tool and currency in the entire CoinEx Chain ecosystem, which can be circulated and used in various scenarios. Since its launch, CET has been distributed by various means such as airdrops, transaction fee refunds, operation promotions and team unlocking. On January 31, 2019, the CoinEx Team burnt all the 4 billion unreleased onesand continued to repurchase CET from the secondary market. This move caused quite a stir in the industry.
CET is not only a token for the platform but also one for the public chain. Therefore, without any doubt, CET outshines other platform tokens in terms of value:
1. The daily CET repurchase
For better transparency of the CET repurchase and burning mechanism, CoinEx officially announced that from April 11, 2020, it would adjust the CET repurchase and burning policy by changing the previous quarterly repurchase policy to daily repurchase. After its activation, CoinEx repurchases CET in the secondary market with 50% of its daily profits from transaction fees everyday and burns them at the end of each quarter. Along with the new plan, an independent page designed to display the relevant information was also launched, including circulating supply, circulating market value, daily repurchase quantity, etc, enabling users to view repurchase and burning details clearly. By doing so, CoinEx achieves 100% transparency.
2. Preferential deduction of platform transaction fees
CoinEx users can use CET to directly deduct equivalent transaction fees and enjoy exclusive discounts when trading.
3. VIP service
Users can be VIPs by holding a certain amount of CET or directly purchase the VIP privilege with CET. VIPs are entitled to such privileges as discounted rates, accelerated withdrawals and exclusive customer service.
4. Privileges for special activities
CET holders can enjoy special privileges in marketing activities of the platform, such as entrance tickets to token airdrops or high-quality project acceleration opportunities.
5. Election for nodes to participate in community governance
CET holders who meet the quantity requirements can campaign for nodes and participate in the launch and voting of CoinEx Chain proposals as part of community governance.
6. Staking returns
CET holders can vote for validators and can participate in the Staking economy of CoinEx Chain for Staking returns.
7. Easier trading on CoinEx DEX
On the DEX public chain, users can send and receive CET tokens, and can also create tokens and related trading pairs based on their needs. Moreover, they can perform operations such as additional issuance, burning, locking, and unlocking of tokens, place orders and query transaction history.
8. More CET privileges
Haipo once said: “As the native token of CoinEx Chain, CET will no longer only be the platform token of the exchange. It will have a higher value as the native token of the public chain ecosystem. Its value no longer depends solely on the income of the exchange, but also comes from the consensus from a growing user base, with CET being a tool or currency. As more people use it, the consensus is generated and higher value is created. In addition, CET was decentralized through the decentralized public chain. The exchange can be gone, but not the public chain. CET will be given more vitality.”
It can thus be clear that CoinEx’s ambition goes beyond a public chain towards a decentralized public chain ecosystem. The public chain usually represents the current development direction and the latest research results of the mainstream blockchain technology. In this regard, efforts to develop public chains are of great guiding significance to explore blockchain technology and apply it to the physical industry.
We have every confidence that CET will become a king of the new generation of public chain tokens. “CET believers” also have a great faith in its future value and ecological promotion. Despite all the twists and turns ahead, CET is bound to blaze a trail and lead the industry.

About CoinEx

As a global and professional cryptocurrency exchange service provider, CoinEx was founded in December 2017 with Bitmain-led investment and has obtained a legal license in Estonia. It is a subsidiary brand of the ViaBTC Group, which owns the fifth largest BTC mining pool, which is also the largest of BCH mining, in the world.
CoinEx supports perpetual contract, spot, margin trading and other derivatives trading, and its service reaches global users in nearly 100 countries/regions with various languages available, such as Chinese, English, Korean and Russian.
Website: https://www.coinex.com/
Twitter: https://twitter.com/coinexcom
Telegram: https://t.me/CoinExOfficialENG
Click here to register on CoinEx!
submitted by CoinEx_Institution to Coinex [link] [comments]

Two Crypto Exchanges Allegedly Caused USDT Market Manipulation

Two Crypto Exchanges Allegedly Caused USDT Market Manipulation

The Investors Behind The Lawsuit Claim That Bittrex And Poloniex Artificially Inflated USDT Supply
Crypto exchanges Bittrex and Poloniex received yet another lawsuit, this time in regards to market manipulations and flooding the stablecoin market with Tether (USDT) tokens, created out of thin air.
The plaintiffs, most of whom are investors that purchased cryptocurrencies during the 2017 crypto market all-time high, accuse Bittrex and Poloniex in manipulating the total amount of USDT in circulation. The accusations drove crypto asset prices up, skyrocketting to an all-time high. The investors claim that Bittrex’s daughter company, Tether, “issued billions of USDT without proper backing with U.S. dollars.
According to the class-action documentation, the USDT tokens were used “to purchase cryptocurrencies, which drove the largest bubble in history.” The plaintiffs also noted that such actions resulted in multi-billion damage to the crypto industry.
The plaintiffs also stated that the altcoin-oriented crypto exchanges Poloniex and Bittrex were also part of the crypto manipulation scheme, facilitating enormous buy orders to simulate fresh liquidity in the crypto market.
“With the assistance of Poloniex and Bittrex, Tether and Bitfinex manipulated the crypto market with fraudulently-issued Tether tokens to conclude well-timed purchases of cryptocurrencies, when their prices tumbled down.” the documentation papers read.
Further into the allegation papers, the plaintiffs stated that “the exchanges collaborated with Tether and used its false guarantee that each USDT token is fully backed by U.S. dollar and Tether listings allowed exchanges to rapidly accumulate the much-needed rank in the field of the largest exchanges in the world.”
However, despite the ongoing lawsuit, which was filed back in October 2019, some of the investors continue their trading routine. Pinchas Goldstein, who suffered from losses due to economic losses in 629 Bitcoin futures contracts, appears to be trading on the same day as the original date of the class-action filing. Goldman reportedly made his futures contracts between January 16, 2018, and June 3, 2020.
submitted by Crypto_Browser to CryptoBrowser_EN [link] [comments]

Achain Galaxy Monthly Update | March 1–31, 2020

Achain Galaxy Monthly Update | March 1–31, 2020

Achain Monthly Report

Core Development:

1. Achain 2.0 Development Progress

  • Added the “nobid” effective mechanism. The Achain network can optionally specify account names that meet the rules when creating accounts.
  • Adjusted the contract test project to adapt to the new modification and it’s 20% complete.
  • Modified the in-progress flag when the peer connection is closed.
  • Added exception handling when facilitating the handshake messages to enhance code robustness.
  • Created the “Achain-exchange” project folder and added exchange docking documents.
  • Completed Achain 2.0 offline signature java version SDK and address a generation demo.
  • Completed Achain 2.0 RPC related serialization and deserialization java version SDK.
  • Studied the basic concepts and implementation details of the hot stuff consensus algorithm.
2. Achain 2.0 browser and peripheral development progress
  • Achain 2.0 Wallet, Windows version 2.0 (Chinese), is being developed, tested, and 40% completed.
  • Achain 2.0 Wallet Mac version 2.0 (Chinese), is being developed, tested, and 40% completed.
  • Achain 2.0 Wallet, Windows version 2.0 (English), is being developed and 60% completed.
  • Achain 2.0 Wallet, Mac version 2.0 (English), is being developed and 60% completed.

Community Management:

  • The first AMA event of the Achain Galaxy in 2020 was successfully held in the English telegram group on March 18. The founder Cui Meng responded to the questions raised by the overseas users about project technology, community, market, ecosystem. He also elaborated and prospected the future development of Achain Galaxy. To read the AMA please visit: https://medium.com/@AchainOfficial/achain-talks-ep06-a7b4a0376a9f
  • Achain founder Cui Meng revealed in AMA that the recently launched ATT project on Bithumb Global will soon become another important member of the Achain Galaxy and the first European project in the Achain Galaxy. Details will be announced.
  • ATT is a top-ranking project that offers decentralized information and communication protocols. ATT, a reserve member of the Achain Galaxy, was reported by well-known domestic blockchain media outlets: Golden Finance, Bihu, and Mars Finance. The article titles include, “Does this protocol direct the future?” “How blockchain + social network will perform in the arena of data interests? ATT Provides New Solutions. A Quick Understanding of the ATT Decentralized Information and Communication Protocol”. The articles discuss the future development direction of decentralized information and communication protocols.
  • The well-known foreign blockchain media Coinspeaker and Blockmanity released the news “ATT decentralized information communication protocol” “In the Arena of Data Interests, How Will Blockchain + Social Perform? ATT Offers a New Solution”. The article affirms the potential of ATT, a member of the Achain Galaxy.
  • The well-known exchange Bithumb Global and ATT, a reserve member of the Achain Galaxy, commenced large-scale publicity in South Korea for the ATT launch and excitement quickly escalated.
  • The Achain community congratulates Galaxy member ATT which launched on Bithumb Global, the world’s largest exchange. The ATT listing on Bithumb Global shows the mainstream market’s recognition of ATT, a member of the Achain Galaxy, which has greatly promoted the growth and development of the Achain Galaxy.
  • Alliance, a well-known Korean blockchain investment institution, is very optimistic about the future direction of ATT, a member of the Achain Galaxy. Achain has signed a strategic cooperation with ATT which gives strong funding support and will localize ATT within the Korean community and support comprehensive Korean public activities.
  • Achain member Eminer prepares for the upcoming Bitcoin halving which coincides with the wet weather season which lowers the electricity price from May. Eminer contacted the authorities in preparation for the anticipated water supply and is ready to leverage the wet season to strengthen their business.
  • Achain labs will work with SlowMist Technology to conduct a security audit of the core code of the Achain 2.0 mainnet to ensure its security and each of use.
  • The improvement of the Achain 2.0 contract system will allow global developers to contribute base code on the 2.0 mainnet to develop products that will compete with popular DeFi products such as Uniswap and compound protocols. Achain Capital will also focus on this area and priority investments will be available to develop solutions.
  • Achain Galaxy team selected 4 best user questions in the AMA and distributed rewards. We appreciate users that consistently provide support. For details please visit: https://twitter.com/AchainOfficial/status/1240637571677310976
submitted by yimo1985 to Achain_Official [link] [comments]

BetFury gets higher — updated with a new “Stairs” game, BTC & BTT

BetFury gets higher — updated with a new “Stairs” game, BTC & BTT

https://preview.redd.it/1ca8pqek59m41.png?width=2024&format=png&auto=webp&s=16488edd25c85ae20afaa22f610b4e7b697c2d0f
Things, you’ve been dreaming about are live on BetFury! More and more opportunities are being created for our best users. Discover the new game Stairs together with BTT & BTC integration.
Meet: Stairs — a new In-house game, Stairs Profit Competition, Integration of BTT & BTC, ability to make deposits and withdrawals with BTT & BTC, BTT dividends pool, product improvements and other buns!
Now let’s see what each new update entails.

Stairs — a new In-house game on BetFury

Enjoy the launch of Stairs in-house game on BetFury! Stairs — is an exciting game, where our raccoon Fury participates. The main purpose is to climb up the stairs to the top. Your winning depends on the stair, which you’ve managed to reach. But you have to be very attentive, because while you climb, stones fall and may squash the raccoon. Oops!
How to play? Follow 3 simple steps:
Step 1. To start, make a bet and choose the amount of stones per one game move, then press “Play” to continue; Step 2. Climbing up the stairs, beware of falling stones! The higher you go up, the more you get; Step 3. Your winning’s amount is your choice: you can pick up a win at any time or go through all 13 moves and get the maximum reward.

Stairs Profit Competition

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BetFury prepared and excellent opportunity to play the new game and win extra prizes. 250k TRX are waiting for the furriest gamers! Top 50 places and 14 days of the best i-gaming experience. See you upstairs on the x73644 — the highest multiplier in the new game! Good luck and have fun!

RULES

  1. The promotion runs from February 12, 2020, until February 26, 2020.
  2. Total prize pool is 250 000 TRX.
  3. Total winning places50. Distribution may be checked in the competitors’ list.
  4. Bets can be placed in TRX, USDT, BTT or BTC (the total winning volume will be considered in TRX).
  5. To become the winner you have to win most of all pure profit!
Example 1: your bet is 100 TRX — winning — 150 TRX = 50 TRX added to your rating. Example 2: your bet is 10 USDT — winning — 13 USDT = approx. 160 TRX (TRX/USDT rate) added to your rating. etc.
  1. The more profit you get, the higher you are in the competition!
You can track your current position in the right section of the promo page (where the auction is).
  • To open the page, find the “Stairs Profit Competition” button in the left part of a games’ window.
  • Press the “?” button. You’ll be passed to the competition’s page.
  • Track there information about the current leaders and read the rules.
  1. Distribution of winnings is carried out automatically to your game balance with no conditions, no wager requirement in 24h.
BetFury will notify players of any significant changes to existing terms and conditions of Stairs Profit Competition before entering into force. However, BetFury may, at its sole discretion, make minor changes to these terms, the promotion itself or the players’ right to participate in this promotion for any reason, without prior notice to the players.
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BTT associates BetFury

BTT (BitTorrent) coin is one of the first tokens that work on TRC-10 protocol based on the Tron blockchain to foster faster speed on the world’s largest decentralized application.
BTT integration allows several changes and opportunities.
  1. deposit/withdrawal can be made from any TRON wallet that supports TRC10
  2. bets are available for all games (including in-house, slots, table games)
  3. minimal bet = 5 BTT
  4. you will receive 0,3% in (In-House games)& 0,05% (Slots)in BTT of all referral pure winnings
Main changes in basic User Experience:
  1. After signing up you can see your game balance. You are able to change it into BTT balance in the drop-down list by clicking on it;
  2. Deposit/Withdraw pop-up is changed. Now you’re able to choose the currency directly in this window. Make deposit and withdrawal in BTT
  • Press the “Deposit” button in the Header.
  • Choose the currency, which you need.
  • Enter an amount or choose from the offered.
  • Press “Deposit”.
  • The same procedure is with Withdrawing.
https://preview.redd.it/dgtnuxwp69m41.png?width=1030&format=png&auto=webp&s=ca5c3c1a3e35c6effd7099ecde2f210095836f2d
  1. Dividend pool. BTT dividend pool is created, which means, that mining price is also represented in BTT.
  2. The mining price is dynamic for BTT and based on TRX/USDT/BTT trading pair rates in real-time mode;
  3. In the Cashback section the available amount is shown in the currency, you’ve chosen in the drop-down list in the header. Cashback history shows all currencies.
  4. Games and Jackpots
  • BTT is not available in the Auction.
  • Jackpots are shown in TRX. To win Jackpot, bets are available in BTT.
  • To place bets in all in-house games you should select BTT in the header drop-down menu.
  1. Account. The total bet is represented in TRX. (BTT is converted into TRX at the Binance rate at the time of betting and added to your total wager).
All Game balances are represented on the page.
Transaction history and Game history are common for all currencies.
  1. Daily tasks are individual for all currencies. You may do the same tasks for TRX, USDT, BTT, BTC separately every day.
  2. The rank system remains the same regardless of the currency the user has chosen. If you are going to place bets in BTT your rank will go up according to the TRX/BTT rate in the time of betting.

BTC breaks into BetFury

Our users have been asking us about it since the first day of BetFury existence. Dreams come true — BTC breaks into BetFury.
BTC (Bitcoin) is a cryptocurrency that isn’t managed by a bank or agency but in which transactions are recorded in the blockchain that is public and contains records of each and every transaction that takes place.
BTC integration allows several changes and opportunities.
  1. deposit/withdrawal can be made
  2. bets will be available for all games (from start only in-house games)
  3. minimal bet = 0,000002 BTC
  4. referral payments — 0,3% in (In-House) & 0,05% (Slots) in BTC of all referral pure winnings
Main changes in basic User Experience:
  1. After signing up you can see your game balance. You are able to change it into BTC balance in the drop-down list by clicking on it;
  2. Deposit/Withdraw pop-up is changed. Now you’re able to choose the currency directly in this window. Make deposit and withdrawal in BTC

Deposit

  • Press the “Deposit” button in the Header.
  • Choose BTC in the list of currencies.
  • To make the deposit you need to copy your BTC deposit address.
  • Then make the deposit in any exchanger. For example, you may read, how to do it in Binance https://cryptocurrencytutors.com/binance-tutorial/
https://preview.redd.it/9zo847dv69m41.png?width=866&format=png&auto=webp&s=6821d4532d1686921eca402a7864150b6a02ffc2
Withdrawal
https://preview.redd.it/yfqzamnz69m41.png?width=856&format=png&auto=webp&s=3911bbd7e8e0cb7c8dc23883f93c8a52d27c72b8
  • Paste your wallet address (copied from Deposit section)
  • Enter the amount, which you want to withdraw
  • Press “Withdraw”
Your withdrawal will have 0.00005000 subtracted to cover the transaction fee.
  1. Dividend pool. BTC dividend pool is still not created. This opportunity will be available soon.
  2. In the Cashback section the available amount is shown in the currency, you’ve chosen in the drop-down list in the header. Cashback history shows all currencies.
  3. Games and Jackpots
  • BTC is not available in the Auction.
  • Jackpots are shown in TRX. To win Jackpot, bets are available in BTC.
  • To place bets in all in-house games you should select BTC in the header drop-down menu.
  1. Account. The total bet is represented in TRX. (BTC is converted into TRX at the Binance rate at the time of betting and added to your total wager).
All Game balances are represented on the page.
Transaction history and Game history are common for all currencies.
  1. Daily tasks are individual for all currencies. You may do the same tasks for TRX, USDT, BTT, BTC separately every day.
  2. The rank system remains the same regardless of the currency the user has chosen. If you are going to place bets in BTC your rank will go up according to the TRX/BTC rate in the time of betting.

Other updates:

  1. Dividends
https://preview.redd.it/a7n504j279m41.png?width=2400&format=png&auto=webp&s=362e5951ef046798adf7fd9b420fc46439eef704
For the BetFury team, as well as for the platform users, stability is an important point. Therefore, along with the big update (which includes the release of the game Stairs, Stairs Profit Competition, adding of BTC and BTT) we are updating the distribution system of the dividend pool. What will change? For the stable operation of dividend payments, the BetFury team decided to replenish the dividend pool in the amount of 3,500,000 TRX. Dividend payments will be 3%. Thus, payouts per 100K BFG will become larger and more stable. Distribution example:
The previous pool size was 2,300,000 TRX. With 7% payout, the distribution will be 161,000 TRX (16.9 TRX per 100,000 BFG daily). We add 3 500 000 TRX to the pool (= 5 800 000 TRX) with the payout of 3%, the distribution will be equal to 174 000 TRX (16.9 TRX per 100 000 BFG daily)
Also, the BetFury team recharged USDT & BTT pool in the amount of 4000 USDT/3 000 000 BTT respectively.
The advantage of such a dividend policy BetFury will stable payments and increase investment interest to the platform.
  1. “Instagram”, “Facebook” and “Reddit” buttons in the footer. Communication on BetFury becomes even more accessible. Follow all our social networks to be aware of all events, giveaways, competitions, updates!
  2. UI & UX updates have been made for your pleasurable playing and using the website.
  3. We have taken away the “Daily bonus” section in the left part of a games’ window. It’s connected with the poor Dividend pool and it’s more important to put there information about the current competition.
  4. Weekly Slots Race. It becomes even more convenient to track the information about the winners on the new landing page.
  • To open the page, find the “Weekly Slots Race” button in the left part of a games’ window.
  • Press the “?” button. You’ll be passed to the competition’s page.
  • Track there information about the current leaders and winners of the previous races. Also read the rules.
BetFury is developing every day. We’re working for your pleasure. Every wish and proposal of our users is heard. Thank you for support and feedback. Hope, these changes will make you satisfied. Enjoy playing the new game, win prizes in the competition, boost the Dividend pool and get more profit form Cashback!
We’re always ready for your advices! Contact us on our social networks:
Link to the Website: https://betfury.io Link to the Telegram: http://t.me/betfury Link to the Twitter: https://twitter.com/betfury_io Link to the Telegram Channel: https://t.me/betfuryofficialchannel Link to the Medium: https://medium.com/betfury-io Link to Facebook: https://www.facebook.com/BetFury.io/ Link to Instagram: https://instagram.com/betfury.i
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HUOBI EXCHANGE REVIEW

HUOBI EXCHANGE REVIEW
Huobi is a Singapore-based cryptocurrency exchange. Founded in China, the company now has offices in Hong Kong, Korea, Japan and the United States. In August 2018 it became a publicly listed Hong Kong company.
Recently during early 2019, after crypto communities lost interest in ICOs (Initial Coin Offering) due to many unregistered STOs (Security Token Offering) and other projects whose aim was only to raise the funds. Exchanges adapted and gave a new dimension of the fund raising, IEO (Initial Exchange Offering).
In this regard, exchanges helped the projects by providing them a platform to raise the funds and also helped the retail investors by doing due diligence on the project on behalf of the investors. Best part of this process is, such issued tokens are listed on the same platform and exchanges helped these start ups in the process. This gave a sense of security and helped to maintain integrity with the projects and public investors.
All the top tier exchanges are participating in this movement and named such fund raising as Launchpad, Jumpstart, Spotlight, Startup etc. While Huobi came up with Huobi Prime.
Unlike other exchanges, Huobi Prime has helped varieties of start-ups.
  • It all started with a DAG based blockchain platform, Top Network.
  • A project named after the greatest scientist who made a major impact on the human lives, Newton Project. It is aimed to deliver an infrastructure for the community economy.
  • It is followed by Thunder Core. A blockchain project dreamt of decentralized future and allows anyone to build dApps on their platform.
  • Then Reserve Rights continued the legacy. It’s a protocol for stable currencies with three kinds of tokens RSV, RSR and collateral tokens.
  • Akropolis - a protocol to explore the informal economy and help the people with DeFi. It was one of it’s kind which was competitive enough to seek the help from the Huobi.
  • Later a social digital currency, Emogi secured a place to be the next Prime project.
  • Recently, Whole Network - A consensus, co-creation, and win-win behavioral value network had the opportunity to feature as a 7th Prime project.
However, each of the Prime project is different from the other in the list. One must admit, it is a basket with mixed fruits. From DAG to Currency to dApp platform to stable coin protocol to DeFi protocol to digital currency to blockchain phone. Huobi has covered a rich list of projects in this journey.

https://preview.redd.it/8z08lbq3qls41.png?width=800&format=png&auto=webp&s=34de122d950f32feb46df82cdce290221e1572be

(This chart presents the information based on the price of the each token on 2nd October. However it may vary marginally as price of the cryptocurrencies are volatile in nature)
Trading Options
Many centralized exchanges serve as the sole, centralized market maker. In contrast, Huobi also allows you to trade over the counter (OTC). This means that you can buy and sell cryptocurrencies peer-to-peer on Huobi. Even though this option exists on the exchange, it has yet to gain adoption from traders. Various commenters have said that there is a lack of OTC offers. Still, this is still an innovative technical feature.

If you are a margin trader, Houbi has a separate platform specifically for this. You can access this by going to the margin tab in the header. The amount of leverage you can have varies from coin-to-coin. For example, BTC is around 3x. Compared to other margin trading platforms, this is low. Nonetheless, it is an attractive option for potential users.

In December 2018, Huobi Derivative Market issued BTC contracts and ETH contracts (including weekly, bi-weekly and quarterly, respectively), and flexible leverages, including 1x, 5x, 10x and 20x. In the future, more digital currencies will be issued to meet various investment demands.
Meaning “currency” in Mandarin Chinese, Huobi consistently ranks as one of the world’s top ten largest exchanges by trade volume. In this article, we look at everything you need to know as a potential Huobi user. Let’s examine fees, fund security, customer experience and more.

User Interface and Mobile App

Available on iOS and Android, the Huobi mobile app features most of the functionalities available on the web platform. You can even complete tasks like account registration and verification directly via the app. In Google Play, the Huobi Global app has an average rating of 4.1 stars out of 3,730 reviews. However, in December 2018 and January 2019, some users have said that the Android app won’t let them login due to an error with Captcha. On the Apple App Store, Huobi boasts an average rating of 4.9 stars out of over 4,800 reviews.

Trading Options

Many centralized exchanges serve as the sole, centralized market maker. In contrast, Huobi also allows you to trade over the counter (OTC). This means that you can buy and sell cryptocurrencies peer-to-peer on Huobi. Even though this option exists on the exchange, it has yet to gain adoption from traders. Various commenters have said that there is a lack of OTC offers. Still, this is still an innovative technical feature.

If you are a margin trader, Houbi has a separate platform specifically for this. You can access this by going to the margin tab in the header. The amount of leverage you can have varies from coin-to-coin. For example, BTC is around 3x. Compared to other margin trading platforms, this is low. Nonetheless, it is an attractive option for potential users.

In December 2018, Huobi Derivative Market issued BTC contracts and ETH contracts (including weekly, bi-weekly and quarterly, respectively), and flexible leverages, including 1x, 5x, 10x and 20x. In the future, more digital currencies will be issued to meet various investment demands.

Huobi offers a margin trading option.

Security

Compared to other exchanges, Huobi continues to excel from a security perspective. Many top exchanges suffer from large-scale hacks, with varying results in terms of trading volume afterward. In 2015, a Bitstamp hacker withdrew 12,000 BTC from Huobi. However, this issue did not relate to the security of Huobi. Huobi reported a DDOS attack in 2015 but this did not cause a security breach. According to one review, an individual user lost USDT and EOS on Huobi. This reviewer states that the problem was caused by a technical error with Huobi’s 2FA. One comment suggests that it was the result of a phishing scam.

Huobi claims that its risk controls have been developed by the likes of Goldman Sachs. The exchange stores around 98 percent of funds in cold wallets. Moreover, Huobi now utilizes a decentralized exchange structure to prevent DDOS attacks. The exchange even has a User Protection Fund Initiative. Twenty percent of net revenue that the exchanges gains from trades will go to this fund, which it will use to buy back Huobi Token (HT). It also has a service called Huobi Security Reserve. As part of this, the exchange plans to store 20,000 BTC for insurance. This is a preventative measure that will help Huobi reimburse users in the case of any future hacks.

Huobi Fees

Huobi has a 0.2 percent fee that applies to both market makers and takers for amounts between $0 and $5,000,000 over the course of a 30-day period. In comparison, other top exchanges like Binance have 0.1 percent fees. Meanwhile, GDAX has 0.3 percent fees.

In January 2019, Huobi Global launched a tiered fee structure that significantly reduces fees for higher volume traders. This is relatively competitive when compared to other exchanges. Users also have the option to reduce trading fees on Huobi by becoming a VIP member. This involves paying a monthly payment of HT, which varies depending on the membership level (1-5).

Like most exchanges Huobi has no fees on deposits. However, Huobi does have withdrawal fees and minimums that vary from coin-to-coin. For example, withdrawing Bitcoin (BTC) costs 0.001 BTC, with a minimum withdrawal amount of 0.01 BTC. For Tether (USDT), the flat fee is 5 USDT and minimum withdrawal amount is 20 USDT. Overall, this means that Huobi fees are generally higher than most exchanges for lower withdrawal amounts. A few exceptions exist. For example, TUSD has a withdrawal minimum of $20 but a withdrawal fee of only $2.

Withdrawal Limitations

Similar to many exchanges on the market, Huobi has withdrawal limitations based on various levels of user verification. One thing you will notice is that withdrawal amounts vary greatly depending on your citizenship. For example, if you are a citizen of China, you can’t withdraw any funds as an unverified user or with level 1 verification. This option is only available at level 2 or above. In the United States, the exchange only requires level 1 verification. However, the amounts are relatively low: a daily limit of $2,000 and a monthly limit of $10,000.

Customer Service Experience

Compared to most exchanges, Huobi has above average customer service experience. Customer support is available 24/7, and response times only take two to three hours on average. Many consider this to be a rarity in the space.

There are two main methods that you can use to reach customer support. First, you can utilize the chat app that is available directly on the Huobi trading platform. Second, you can contact the team at [[email protected]](mailto:[email protected]). If you choose this option, Huobi asks that you use the registered email address associated with your Huobi account and include your user ID.

Huobi Website: https://www.huobi.vc/en-us/topic/invited/?invite_code=3afg5
UID: 134371568
Huobi Indian Community: https://t.me/huobiglobalindia
Huobi Global Community: https://t.me/huobiglobalofficial
submitted by asheroliver to u/asheroliver [link] [comments]

Attention please! Welfare is here! The third-party DAPP is officially launched, and the ETX public chain has reached a new level of development, please don‘t miss out!

Attention please! Welfare is here! The third-party DAPP is officially launched, and the ETX public chain has reached a new level of development, please don‘t miss out!
On November 1, 2008. A person who claimed to be Satoshi Nakamoto posted a research report on a secret cryptography discussion group. His new idea of ​​electronic money-Bitcoin came out! On January 3, 2009, Satoshi Nakamoto unearthed the first batch of 50 bitcoins on a small server in Helsinki, Finland. Since then, bitcoin has been in full swing in the financial industry as a representative of virtual currency.
Blockchain, as the next generation of value Internet, was once considered to be a very good tool for protecting privacy, but a family soon discovered that in the current main blockchain network, the digital wallet address and its owner Corresponding to the personal information of the wallet, all account information and transaction information of the owner of the wallet will be fully visible and cannot be eliminated in the entire network, which will cause more serious problems than the privacy leakage of the Internet. Therefore, blockchain is both an opportunity and a challenge for users.

https://preview.redd.it/lvpzm5hufqv41.png?width=640&format=png&auto=webp&s=083213298e0d2a5d8dcc74f3db4de207c2206d3a
At the same time that the blockchain technology has developed in an orderly manner, the digital currency market has also been further developed. Under the coexistence of opportunities and challenges, it has also brought rich returns to many players with faith. As a brand new digital currency, ETX (EthereumX · NET) public chain has attracted the attention of many players at the beginning of the mainnet. At the same time as the number of communities has expanded rapidly, ETX (EthereumX.NET) has also officially landed on vindax transaction.
The Vindax exchange ranks 13th on coinmarketcap, and coinmarketcap was founded in 2013 and is the world's largest cryptocurrency trading price query website. According to the latest data, Coinmarketcap.com website traffic ranks 111th in the world, it can be said that strength and traffic coexist.

https://preview.redd.it/e31jzsawfqv41.png?width=640&format=png&auto=webp&s=26e421636dddf8f951bd11068e3ebc419091bed9
According to the latest news from the ETX (EthereumX · NET) community: the first third-party DAPP developed based on the ETX (EthereumX · NET) public chain will be officially launched, and at the same time, ETX (EthereumX · NET) will provide 10,000 ETX daily for support. For our ordinary players, this is also a rare and great opportunity, because we can get ETX for free through simple interaction, which is certainly what we are most looking forward to. Everyone remember to hurry up and get on the bus.

https://preview.redd.it/08ylmjx0gqv41.png?width=640&format=png&auto=webp&s=de2a29d5cfdf1335ad81768de818f254934e537b
As the saying goes: There are 1,000 Hamlet in the minds of 1,000 people. It is normal for different players to have different views and choices about the digital currency ETX (EthereumX.NET). But what is certain is that for ordinary players, ETX (EthereumX.NET) is one of the digital currencies worth choosing. (There are risks in the market, investment needs to be cautious, please do as your capability permits.)
submitted by BitRay2077 to u/BitRay2077 [link] [comments]

Huobi Exchange Review

A HISTORY OF HUOBI
Huobi was founded in 2013 by their current CEO and chairman, Leon Li. Li’s background includes having attended Tshingua University, specializing in Automation. Before starting the Huobi Group, Li spent time as a computer engineer at Oracle. In December of 2013, Huobi was named as the largest digital asset exchange operating in China. 2017 saw Huobi extend their limbs into Korea, Singapore, and Japan.
Currently, Huobi has headquarters of various financial sectors based in: Singapore; South Korea; Japan; Australia; Indonesia; Russia; Argentina; Thailand; and China. The company has strived to give customers not only a great exchange, but a great resource for any service one may need. Despite the many difficulties faced with Chinese government in regards to cryptocurrency laws, Huobi has managed to adapt to the changes and thrive globally, eventually branching off into various sectors including venture capital, a cryptocurrency wallet project, and a division dedicated to working with mining pools.

HUOBI'S PLATFORM
spot trading : Huobi offers several different platforms to serve any customer’s needs. For starters, Huobi offers a standard spot trading platform that operates similarly to many other spot trading platforms in the industry. The platform features a multi-timeframe chart, a depth chart, and integration with TradingView (including their tools). Customers are able to view the order book and the asset trading history, as well as their own personal order history. Limit orders, Market orders, and Stop-Limit orders are all available options for traders.
margin trading : For the trader that prefers to trade with a little more volume or risk, Huobi offers a Margin trading platform. Customers can apply for loans through Huobi to trade a greater quantity of cryptocurrencies and profit from the price spread. The original loan must be paid back, and accounts can be liquidated if the risk ratio falls below 110% (calculated as: [(Loaned Amount + Tradable Balance) Total Asset] / [(Interest Payable + Loaned Amount)] x 100%.) Traders can margin trade with Bitcoin; Ethereum; XRP; Litecoin; Bitcoin Cash; and EOS. These assets can be traded with USDT or BTC.
futures trading : Huobi also offers a Futures trading platform. While margin trading can be risky, trading contracts is said to be very high-risk. With that being said, Huobi offers Weekly, Bi-Weekly, and Quarterly contracts in Bitcoin; Ethereum Classic; Ethereum; EOS; Litecoin; Bitcoin Cash; XRP; TRX; and Bitcoin SV.
OTC(P2P) - The OTC, or over-the-counter, section of Huobi offers potential buyers and sellers a way to move large quantities of coins without exposure to the fickle exchange market. Certified merchants can register here, and slippage can be minimized by matching buyers and sellers directly instead of creating market orders.


HUOBI APPS
While you do have the online trading interface, Huobi does have computer programs and mobile apps that you can use.
I found that the PC programmes were more functional as they did not have to rely on the PC browser and were hence much faster. They also have better charting and you are in more control of your trading parameters. These programs are available on Windows and Mac devices.
However, if you are a trader that is always on the go, that is where the Huobi mobile apps come in. These were developed for the main exchange but you can switch to the derivative markets on the futures and swaps platform.
This was a pretty well designed application and you have one-touch ordering as well as some basic charting functionality. The app is available in iOS and Android and you can head on over to the respective app stores to get a sense of the feedback.


EXCHANGE SECURITY
Huobi operates a hot and cold wallet storage procedure. This means that they keep the vast amount of their coin holdings in an offline environment away from hackers. They then have a smaller percentage in “hot” wallets with multisig capability.
They also operate a decentralized server structure around the world which can ensure uptime irrespective of whether one of the servers goes down. You can think of this as effective load balancing.
Finally, they have anti DDoS measures in place. We all know that crypto exchanges are prime targets for Denial of Service attacks and it can be quite frustrating when these are perpetrated in peak market times.


IS HUOBI TRUSTWORTHY?
Huobi, like many exchanges in the space, has had, at one time, some shady history, but for the most part, has managed to maintain a clean reputation. Historically, Chinese exchanges have shown to operate in accordance with different standards, with many exchanges having to suffer at the will and whim of the Chinese government. Some of the controversy Huobi has seen in the past has been a result of this (particularly with the Chinese ban on ICO tokens). It should be noted that in 2017, the exchange did invest into “wealth-management products” using idle customer funds. This sort of activity shouldn’t be taken lightly.
However, with that being said, the exchange continues to turn over a large amount of volume. For the most part, the exchange can be considered a trustworthy platform to trade popular and exotic cryptocurrencies. This does not mean it is entirely safe to store user funds on the exchange, as the exchange (or the user funds) can be susceptible to risk at any given moment. No matter how comfortable one may be with the internet, one should always remember that the internet is not as safe as many would like to believe. Huobi does have measures in place in the unfortunate event that an account is breached, and if verifiable, the customer may be able to retrieve lost funds.
A unique feature offered on Huobi is their Official Media Authenticator. This essentially lets users enter the URL of a content channel to see if the channel is authentic. A feature like this, while seemingly simple, could save anyone from potentially losing their funds due to a scam or phishing website.


HUOBI REVIEW VERDICT
Huobi Global offers a signficant host of features to its users and has maintained its credibility over a long period of time. This is largely one of the main reasons it a ranked as a top 4 exchange by liquidity as its users trust their funds there.
After establishing itself in Asia, Huobi is trying to branch out and take on other areas of the globe which is great news for Western traders. Additionally, the Huobi prime platform could provide some great opportunities for the exchange users moving forward.

Huobi Website: https://www.huobi.com/topic/invited/?invite_code=q7g23
Huobi Indian Community: https://t.me/huobiglobalindia
Huobi Global Community: https://t.me/huobiglobalofficial
submitted by chamithasro to u/chamithasro [link] [comments]

5 cryptocurrencies to invest in 2020

5 cryptocurrencies to invest in 2020

https://preview.redd.it/pzn1ho8cj9i41.png?width=1500&format=png&auto=webp&s=90ee62c6b9271813506ba4cf2b526d16ec285f12
There is no doubt that 2020 will be an important year in the history of cryptocurrencies:
the next halving of BTC, the arrival of the ETH 2.0 era, the possible launch of the token of the Central Bank of China and Europe, the new presidential elections in America, the intense situation in the Middle East …
In the face of the great economic instability, a question that continues to haunt the investors is: What should I buy?
If you have not found a good answer, it is worth paying attention to these 5 cryptocurrencies:
TOP1: Bitcoin
https://preview.redd.it/xtxw64xdj9i41.png?width=1053&format=png&auto=webp&s=4868e166e42c3dd32299acc6d263fad803c753e0
Completing 11 years in the market, Bitcoin currently dominates 70% of the cryptocurrency market.
The reasons to invest in BTC in 2020:
1) Another halving is coming
The 3rd BTC halving will take place in May 2020, which may drive the price to a new level:
The halving will result in a decrease in BTC production, which will lead to an imbalance between supply and demand in the market and drive up prices.
The halving will increase the difficulty of mining Bitcoin and reduce the profit of it. In this sense, miners always bull the market, as the price increase can make up for the entire industry’s losses. While the mining giant has accumulated huge wealth during the BTC dividend period, it will become a guarantee for the rise in BTC prices.
The expectation about halving has become a consensus, and the public’s fear of missing out in the market will drive prices up. It is worth noting that the halving of BTC does not necessarily occur at the time of halving. Based on the previous two experiences, the boon will be released before the halving.
Therefore, You can start to build your position in Bitcoin at an early date, wait for the maximum to arrive and sell at the right time to reduce the risk.
2) Financial havens
Weiss Crypto Ratings considered Bitcoin as the ultimate digital safe haven, whose value will grow in the face of the instability of the international scenario.
Geopolitical conflict. Since 2020, the global risk aversion has greatly increased due to tensions in the Middle East.
Concerns about the global recession: Bitcoin has grown 16% in 2020, and gold has reached its highest price of $ 1610 during the past seven years.
TOP2: BCH
https://preview.redd.it/cbg9ymkgj9i41.png?width=1051&format=png&auto=webp&s=e8a3df0abd8e0660a8bf706571c01fa76d0238d7
BCH is a token derived from BTC during the hard fork process, so its price has a great correlation with the price of Bitcoin.
The height of the BCH block is slightly higher than the height of BTC, so the BCH halving will arrive on April 6, 2020.
Top3:BNB
https://preview.redd.it/4qm7axeij9i41.png?width=1050&format=png&auto=webp&s=005ecf56879e59fa26fbfb62afc6428893be1efb
The year 2019 was considered as a year of bomb for exchange tokens, among which some achieved incredible performance and are among the 20 most valued cryptos in the world, as investors considered them as the most guaranteed cryptocurrencies.
And BNB is a “potential stock”:
Its price multiplied 8.5 times and its capitalization value rose from 861th place to 8th place, as a result of the launch of the IEO (Initial Exchange Offerings) model by Binance in 2019.
Entering the market with a price of $ 0.10 in July 2017, BNB reached its highest increase in June 2019 with a price of around $ 39.57.
Hold for two years = 388 times profit!
In 2020, the value of BNB will also increase with the growth of Binance.
Top4:Tezos
https://preview.redd.it/rg6y11ikj9i41.png?width=1061&format=png&auto=webp&s=93c793ad1c62c9b6f62e2a46f6358f54dca7f9ae
Tezos is one of the public chain projects that managed to survive the fierce competition in the market.
In June 2017, the Tezos project raised $ 232 million during its initial coin offering (ICO), the largest funding among all ICO projects at that time.
In October 2019, Tezos continued to rise, from a minimum price of $ 0.74 in October to a maximum of $ 1.85 in December, an increase of more than 160%, ranking among the top ten by market value.
The reason behind this is that Coinbase has launched staking support for Tezos, which represents the affirmation of the Tezos project, as Coinbase has always been known for its strict project review.
Compared to the highest value of $ 12, Tezos still has a long way to go. Given its reversal in 2019, it deserves attention in 2020 so as not to miss good investment opportunities.
Top5:Maker(MKR)
https://preview.redd.it/j9ch8wumj9i41.png?width=1051&format=png&auto=webp&s=246a2a06ff16e62e7684b2ef1e0fb061017bba77
In 2019, Defi (Decentralized Finance) has become a new hotspot in the blockchain and is considered a “new financial revolutionary movement”.
Maker is the “central bank” of the DeFi lending market, with a market share of over 49%. Those who cannot obtain a loan from the traditional banks can borrow digital assets on the Maker platform. At present, the stable currency DAI is the main borrowing asset, accounting for 74% of the total loan amount, and DAI is the stable currency issued by the Maker platform.
The DeFi market has achieved continuous growth in 2019. According to DeFireview data, as of December 24, 2019, the total locked position reached 796 million U.S. dollars, of which Maker accounted for 39.16%. Compared with January, it has increased by nearly two times, and on June 25, it reached to the highest total amount, which is $ 1.72 billion.
MKR is the token of the Maker system. With the growth of the Defi market, MKR has risen steadily by 12% since the beginning of this year. The market value of MKR jumped to the top 20.
In 2020, with the centralized exchanges starting to launch Defi business and the huge potential of the lending market, the prospect of Maker is exciting.
Keep in mind that investing in cryptocurrencies is always risky, and investing in only one cryptocurrency will face greater risks.
Diversify your portfolio!
All information contained in this article is for reference only.
submitted by NovaDAX to NovaDAX [link] [comments]

LocalBitcoins Support Number +1-888-780-0222 ----------%^&*Sj#$$#%!#%^

LocalBitcoins Support Number +1-888-780-0222 -------
LocalBitcoins was founded in 2012 in Finland by Nikolaus Kangas and has since grown to become one of the leading marketplaces for Bitcoin in the world without any outside investment. LocalBitcoins offers a platform for sellers and buyers from around the world to meet and trade Bitcoins. It’s like the Craigslist for buying and selling Bitcoin.
Secure trading LocalBitcoins allows for secure trading through the use of several measures: Reputation system – Each trader has a reputation rank and also public history records showing their past activities. Escrow – When you request a trade, the traded Bitcoins are held on LocalBitcoins’ escrow service.
The Bitcoins are released only after the seller confirms the trade is completed. 2FA (optional) – Whenever you log into your account you will be required to enter an additional PIN code sent to your mobile phone. This prevents people from hacking into your account. This option is not enabled by default.
A quick step-by-step guide on how to buy bitcoins with cash on LocalBitcoins:
  1. Find a seller in your area who accepts cash.
  2. Select amount of coins and place an order.
  3. Receive account number from the seller.
  4. Deposit cash into the seller's account.
  5. Upload your receipt to prove you made the deposit/trade.
  6. Receive bitcoins!
Local Bitcoins is a different sort of exchange that allows anyone anywhere to trade. It therefore has the largest amount of markets - although some without much liquidity - for example in Venezuela and other emerging markets. LocalBitcoins works like an open outcry with people in the same location as you - if you want to trade you can place a buy or a sell for a price and wait to be contacted by someone who wants to execute that trade. After agreeing the trade funds are released and held in escrow and depending on the specifics of the local banking system and times for transactions to get confirmed, the trade will eventually be completed.
There can be complications which mostly come in the form of couterparty risk - where someone refuses to go ahead with the trade as the price in the market has moved in their favour - so they gain by keeping the bitcoins or USD if they have gone up. Localbitcoins has a dispute resolution system in place to handle these sorts of issues - but on the flipside there is a reputation based system - so you can gauge whether your trading party is reliable or not.
Trading fees vary and depend on whether you have placed an advert to sell - whereby LocalBitcoins takes a 1% fee.
In all a good means to exchange Bitcoin but it doesn't have the razor edge price discovery, and execution time of more traditional order driven exchanges.
Login guard – LocalBitcoins is also able to verify you are always logging in from the same browser. If a login from a different browser occurs, an email verification will be required. Support and conflict resolution – LocalBitcoins has a support team ready to answer user questions and also resolve conflicts between buyers and sellers in case it happens.
LocalBitcoins Fees Registering, buying and selling Bitcoins on LocalBitcoins is completely free. LocalBitcoins users who create advertisements are charged a 1% fee for every completed trade.
So basically, only the people who are actively promoting their services (i.e. makers) are being taxed. Transactions to wallets of other LocalBitcoins users are also free of charge. Each time you send Bitcoins outside of LocalBitcoins, you will only be charged the standard Bitcoin Network fee, which varies depending on how crowded the network is. It’s highly recommended not to leave your Bitcoins lying around in LocalBitcoins’ wallet and to move it to your own secure Bitcoin wallet.
LocalBitcoins Support Phone Number that stays active 24×7 on-line.
submitted by narihua54 to u/narihua54 [link] [comments]

LocalBitcoins Support Number +1-888-780-0222 ----------%^&*Sj#$%&*

LocalBitcoins Support Number +1-888-780-0222 -------
LocalBitcoins was founded in 2012 in Finland by Nikolaus Kangas and has since grown to become one of the leading marketplaces for Bitcoin in the world without any outside investment. LocalBitcoins offers a platform for sellers and buyers from around the world to meet and trade Bitcoins. It’s like the Craigslist for buying and selling Bitcoin.
Secure trading LocalBitcoins allows for secure trading through the use of several measures: Reputation system – Each trader has a reputation rank and also public history records showing their past activities. Escrow – When you request a trade, the traded Bitcoins are held on LocalBitcoins’ escrow service.
The Bitcoins are released only after the seller confirms the trade is completed. 2FA (optional) – Whenever you log into your account you will be required to enter an additional PIN code sent to your mobile phone. This prevents people from hacking into your account. This option is not enabled by default.
A quick step-by-step guide on how to buy bitcoins with cash on LocalBitcoins:
  1. Find a seller in your area who accepts cash.
  2. Select amount of coins and place an order.
  3. Receive account number from the seller.
  4. Deposit cash into the seller's account.
  5. Upload your receipt to prove you made the deposit/trade.
  6. Receive bitcoins!
Local Bitcoins is a different sort of exchange that allows anyone anywhere to trade. It therefore has the largest amount of markets - although some without much liquidity - for example in Venezuela and other emerging markets. LocalBitcoins works like an open outcry with people in the same location as you - if you want to trade you can place a buy or a sell for a price and wait to be contacted by someone who wants to execute that trade. After agreeing the trade funds are released and held in escrow and depending on the specifics of the local banking system and times for transactions to get confirmed, the trade will eventually be completed.
There can be complications which mostly come in the form of couterparty risk - where someone refuses to go ahead with the trade as the price in the market has moved in their favour - so they gain by keeping the bitcoins or USD if they have gone up. Localbitcoins has a dispute resolution system in place to handle these sorts of issues - but on the flipside there is a reputation based system - so you can gauge whether your trading party is reliable or not.
Trading fees vary and depend on whether you have placed an advert to sell - whereby LocalBitcoins takes a 1% fee.
In all a good means to exchange Bitcoin but it doesn't have the razor edge price discovery, and execution time of more traditional order driven exchanges.
Login guard – LocalBitcoins is also able to verify you are always logging in from the same browser. If a login from a different browser occurs, an email verification will be required. Support and conflict resolution – LocalBitcoins has a support team ready to answer user questions and also resolve conflicts between buyers and sellers in case it happens.
LocalBitcoins Fees Registering, buying and selling Bitcoins on LocalBitcoins is completely free. LocalBitcoins users who create advertisements are charged a 1% fee for every completed trade.
So basically, only the people who are actively promoting their services (i.e. makers) are being taxed. Transactions to wallets of other LocalBitcoins users are also free of charge. Each time you send Bitcoins outside of LocalBitcoins, you will only be charged the standard Bitcoin Network fee, which varies depending on how crowded the network is. It’s highly recommended not to leave your Bitcoins lying around in LocalBitcoins’ wallet and to move it to your own secure Bitcoin wallet.
LocalBitcoins Support Phone Number that stays active 24×7 on-line.
submitted by kerkhistorici789 to u/kerkhistorici789 [link] [comments]

LocalBitcoins Support Number +1-888-780-0222 ----------%^&*Sj#$ &^*&

LocalBitcoins Support Number +1-888-780-0222 -------
LocalBitcoins was founded in 2012 in Finland by Nikolaus Kangas and has since grown to become one of the leading marketplaces for Bitcoin in the world without any outside investment. LocalBitcoins offers a platform for sellers and buyers from around the world to meet and trade Bitcoins. It’s like the Craigslist for buying and selling Bitcoin.
Secure trading LocalBitcoins allows for secure trading through the use of several measures: Reputation system – Each trader has a reputation rank and also public history records showing their past activities. Escrow – When you request a trade, the traded Bitcoins are held on LocalBitcoins’ escrow service.
The Bitcoins are released only after the seller confirms the trade is completed. 2FA (optional) – Whenever you log into your account you will be required to enter an additional PIN code sent to your mobile phone. This prevents people from hacking into your account. This option is not enabled by default.
A quick step-by-step guide on how to buy bitcoins with cash on LocalBitcoins:
  1. Find a seller in your area who accepts cash.
  2. Select amount of coins and place an order.
  3. Receive account number from the seller.
  4. Deposit cash into the seller's account.
  5. Upload your receipt to prove you made the deposit/trade.
  6. Receive bitcoins!
Local Bitcoins is a different sort of exchange that allows anyone anywhere to trade. It therefore has the largest amount of markets - although some without much liquidity - for example in Venezuela and other emerging markets. LocalBitcoins works like an open outcry with people in the same location as you - if you want to trade you can place a buy or a sell for a price and wait to be contacted by someone who wants to execute that trade. After agreeing the trade funds are released and held in escrow and depending on the specifics of the local banking system and times for transactions to get confirmed, the trade will eventually be completed.
There can be complications which mostly come in the form of couterparty risk - where someone refuses to go ahead with the trade as the price in the market has moved in their favour - so they gain by keeping the bitcoins or USD if they have gone up. Localbitcoins has a dispute resolution system in place to handle these sorts of issues - but on the flipside there is a reputation based system - so you can gauge whether your trading party is reliable or not.
Trading fees vary and depend on whether you have placed an advert to sell - whereby LocalBitcoins takes a 1% fee.
In all a good means to exchange Bitcoin but it doesn't have the razor edge price discovery, and execution time of more traditional order driven exchanges.
Login guard – LocalBitcoins is also able to verify you are always logging in from the same browser. If a login from a different browser occurs, an email verification will be required. Support and conflict resolution – LocalBitcoins has a support team ready to answer user questions and also resolve conflicts between buyers and sellers in case it happens.
LocalBitcoins Fees Registering, buying and selling Bitcoins on LocalBitcoins is completely free. LocalBitcoins users who create advertisements are charged a 1% fee for every completed trade.
So basically, only the people who are actively promoting their services (i.e. makers) are being taxed. Transactions to wallets of other LocalBitcoins users are also free of charge. Each time you send Bitcoins outside of LocalBitcoins, you will only be charged the standard Bitcoin Network fee, which varies depending on how crowded the network is. It’s highly recommended not to leave your Bitcoins lying around in LocalBitcoins’ wallet and to move it to your own secure Bitcoin wallet.
LocalBitcoins Support Phone Number that stays active 24×7 on-line.
submitted by degagerez768 to u/degagerez768 [link] [comments]

LocalBitcoins Support Number +1-888-780-0222 ----------%^&*Sj#$$#%^

LocalBitcoins Support Number +1-888-780-0222 -------
LocalBitcoins was founded in 2012 in Finland by Nikolaus Kangas and has since grown to become one of the leading marketplaces for Bitcoin in the world without any outside investment. LocalBitcoins offers a platform for sellers and buyers from around the world to meet and trade Bitcoins. It’s like the Craigslist for buying and selling Bitcoin.
Secure trading LocalBitcoins allows for secure trading through the use of several measures: Reputation system – Each trader has a reputation rank and also public history records showing their past activities. Escrow – When you request a trade, the traded Bitcoins are held on LocalBitcoins’ escrow service.
The Bitcoins are released only after the seller confirms the trade is completed. 2FA (optional) – Whenever you log into your account you will be required to enter an additional PIN code sent to your mobile phone. This prevents people from hacking into your account. This option is not enabled by default.
A quick step-by-step guide on how to buy bitcoins with cash on LocalBitcoins:
  1. Find a seller in your area who accepts cash.
  2. Select amount of coins and place an order.
  3. Receive account number from the seller.
  4. Deposit cash into the seller's account.
  5. Upload your receipt to prove you made the deposit/trade.
  6. Receive bitcoins!
Local Bitcoins is a different sort of exchange that allows anyone anywhere to trade. It therefore has the largest amount of markets - although some without much liquidity - for example in Venezuela and other emerging markets. LocalBitcoins works like an open outcry with people in the same location as you - if you want to trade you can place a buy or a sell for a price and wait to be contacted by someone who wants to execute that trade. After agreeing the trade funds are released and held in escrow and depending on the specifics of the local banking system and times for transactions to get confirmed, the trade will eventually be completed.
There can be complications which mostly come in the form of couterparty risk - where someone refuses to go ahead with the trade as the price in the market has moved in their favour - so they gain by keeping the bitcoins or USD if they have gone up. Localbitcoins has a dispute resolution system in place to handle these sorts of issues - but on the flipside there is a reputation based system - so you can gauge whether your trading party is reliable or not.
Trading fees vary and depend on whether you have placed an advert to sell - whereby LocalBitcoins takes a 1% fee.
In all a good means to exchange Bitcoin but it doesn't have the razor edge price discovery, and execution time of more traditional order driven exchanges.
Login guard – LocalBitcoins is also able to verify you are always logging in from the same browser. If a login from a different browser occurs, an email verification will be required. Support and conflict resolution – LocalBitcoins has a support team ready to answer user questions and also resolve conflicts between buyers and sellers in case it happens.
LocalBitcoins Fees Registering, buying and selling Bitcoins on LocalBitcoins is completely free. LocalBitcoins users who create advertisements are charged a 1% fee for every completed trade.
So basically, only the people who are actively promoting their services (i.e. makers) are being taxed. Transactions to wallets of other LocalBitcoins users are also free of charge. Each time you send Bitcoins outside of LocalBitcoins, you will only be charged the standard Bitcoin Network fee, which varies depending on how crowded the network is. It’s highly recommended not to leave your Bitcoins lying around in LocalBitcoins’ wallet and to move it to your own secure Bitcoin wallet.
LocalBitcoins Support Phone Number that stays active 24×7 on-line.
submitted by remitido56 to u/remitido56 [link] [comments]

LocalBitcoins Support Number +1-888-780-0222 ----------%^&*Sj#$

LocalBitcoins Support Number +1-888-780-0222 -------
LocalBitcoins was founded in 2012 in Finland by Nikolaus Kangas and has since grown to become one of the leading marketplaces for Bitcoin in the world without any outside investment. LocalBitcoins offers a platform for sellers and buyers from around the world to meet and trade Bitcoins. It’s like the Craigslist for buying and selling Bitcoin.
Secure trading LocalBitcoins allows for secure trading through the use of several measures: Reputation system – Each trader has a reputation rank and also public history records showing their past activities. Escrow – When you request a trade, the traded Bitcoins are held on LocalBitcoins’ escrow service.
The Bitcoins are released only after the seller confirms the trade is completed. 2FA (optional) – Whenever you log into your account you will be required to enter an additional PIN code sent to your mobile phone. This prevents people from hacking into your account. This option is not enabled by default.
A quick step-by-step guide on how to buy bitcoins with cash on LocalBitcoins:
  1. Find a seller in your area who accepts cash.
  2. Select amount of coins and place an order.
  3. Receive account number from the seller.
  4. Deposit cash into the seller's account.
  5. Upload your receipt to prove you made the deposit/trade.
  6. Receive bitcoins!
Local Bitcoins is a different sort of exchange that allows anyone anywhere to trade. It therefore has the largest amount of markets - although some without much liquidity - for example in Venezuela and other emerging markets. LocalBitcoins works like an open outcry with people in the same location as you - if you want to trade you can place a buy or a sell for a price and wait to be contacted by someone who wants to execute that trade. After agreeing the trade funds are released and held in escrow and depending on the specifics of the local banking system and times for transactions to get confirmed, the trade will eventually be completed.
There can be complications which mostly come in the form of couterparty risk - where someone refuses to go ahead with the trade as the price in the market has moved in their favour - so they gain by keeping the bitcoins or USD if they have gone up. Localbitcoins has a dispute resolution system in place to handle these sorts of issues - but on the flipside there is a reputation based system - so you can gauge whether your trading party is reliable or not.
Trading fees vary and depend on whether you have placed an advert to sell - whereby LocalBitcoins takes a 1% fee.
In all a good means to exchange Bitcoin but it doesn't have the razor edge price discovery, and execution time of more traditional order driven exchanges.
Login guard – LocalBitcoins is also able to verify you are always logging in from the same browser. If a login from a different browser occurs, an email verification will be required. Support and conflict resolution – LocalBitcoins has a support team ready to answer user questions and also resolve conflicts between buyers and sellers in case it happens.
LocalBitcoins Fees Registering, buying and selling Bitcoins on LocalBitcoins is completely free. LocalBitcoins users who create advertisements are charged a 1% fee for every completed trade.
So basically, only the people who are actively promoting their services (i.e. makers) are being taxed. Transactions to wallets of other LocalBitcoins users are also free of charge. Each time you send Bitcoins outside of LocalBitcoins, you will only be charged the standard Bitcoin Network fee, which varies depending on how crowded the network is. It’s highly recommended not to leave your Bitcoins lying around in LocalBitcoins’ wallet and to move it to your own secure Bitcoin wallet.
LocalBitcoins Support Phone Number that stays active 24×7 on-line.
submitted by kegelten56 to u/kegelten56 [link] [comments]

Why does WaykiChain (WICC) soar after the start of 2020? With the advent of the bull market, how does WaykiChain perfect their Defi ecosystem and occupy the market?

As a world’s leading blockchain company focused on blockchain’s underlying technology and related ecosystem technology, WaykiChain owns an industry-leading public chain. Relying on the inherent technical advantages of blockchain and its superior R&D strength, WaykiChain is empowered with high-performance transaction processing capabilities (TPS3300), efficient mechanism of consensus (DPoS + pBFT), powerful smart contract, as well as the blockchain ecological decentralized control ability, WaykiChain can provide various major industries and key areas of vertical industry with infrastructure services and industry solutions.
At present, the bottom layer of the WaykiChain public chain has been continuously upgraded and optimized and has achieved significant success. WaykiChain stablecoin WUSD, which is developed on the bottom of the public chain, is one of the important infrastructures of blockchain finance promoted by WaykiChain. It is also continuously improving the potential of decentralized business development.
At 20:00 on February 14th, at the invitation of the “Bull Market Sharing Class”, Gordon Gao, the Co-Founder, and CEO of WaykiChain, made sharing of the theme “ Why does WaykiChain (WICC) soar after the start of 2020? With the advent of the bull market, how does WaykiChain perfect their Defi ecosystem and occupy the market?”
Gordon Gao Background: Gordon Gao, WaykiChain Co-Founder & CEO, an Alumni of Columbia University in New York, former Chief Data Scientist of Fishbowl in Wall Street, ex-Senior Data Analyst of Alibaba Group, a senior member of Mensa International Club, currently serves as WaykiChain CEO. He is responsible for offering support to WaykiChain commercial model designing and strategy planning, building up a digitalized monitor system for products and operation and promoting WaykiChain overseas market with his international background.
The Following is the content of sharing from Gordon Gao:
1.WaykiChain is a third-generation blockchain commercial public chain that aims to build a world-leading public chain brand. How does the performance of WaykiChain compare to other public chains on the market?
Gordon Gao: In terms of performance, WaykiChain’s TPS ranks first with a measured average of 3300 in the world. Besides, our ecological construction in the DApp field and Defi is also gradually perfect. Last year, we introduced more than 20 DApps. Since WaykiChain has launched the Defi platform, it has collateralized over 24 million WICC and issued over USD 1.4 million in WUSD.
2. Recently, WaykiChain(WICC) is well received by Korean investors, and its trading volume has exceeded 70 billion WON. How does WaykiChain achieve such outstanding results?
Gordon Gao: When WaykiChain(WICC) was listed on Bithumb, WICC’s premium was three times the domestic price. Recent market conditions are very good. The maximum price in South Korea is up to 10 times the domestic price.
Our investment in the Korean market has always been very large. As early as 2018 May, WaykiChain Global Conference which was attracted thousands of persons to participate was successfully held in Seoul. After that, we did a lot of publicity around the Korean market, such as the content promotion and SEO promotion of their NAVER search engine. Last year, we also held WaykiChain(WICC) X Huobi Korea Hackathon and offline meetup in South Korea. I have also been invited three times to give speeches and conducting exhibitions at Korean blockchain conferences. And our CTO Richard Chen was invited to interview with the Korean media, which was broadcast by Korean KBS TV station. South Korean users are very impressed with WaykiChain. When WaykiChain held the Hackathon in South Korea last year, a Korean investor came over and told us that he also came to our conference in 2018 and also received gold bars. He told us he was very happy to see our development so that he came to support us this time. When we have this kind of market enthusiasm, it is not unusual for prices to be reflected in the exchange.
3. According to media reports, WaykiChain has a strong technical team and has made a lot of progress in technology development. It has planned a four-public chain version iteration plan. What innovations and breakthroughs has WaykiChain achieved in technology?
Gordon Gao: The current version is WaykiChain public chain v2.0 version (Teng version) that we updated in October last year. We added the decentralized exchange and developed a CDP system at the bottom of the public chain for pledging WICC to get stablecoin WUSD. We developed a 3-token economy model (WICC, WUSD, WGRT) and increased the speed of block generation from 10 seconds per block to 3 seconds per block, which greatly improving user experience. This version lays the foundation for us to achieve decentralized financial functions, and directly implements the three most important functions of Defi at the moment: stablecoin, lending, and DEX.
We are developing the public chain v3.0 version (Hu version) now. In the public chain v3.0 version, we will further improve the performance and scalability of the current decentralized exchange, allowing anyone to publish their own DEX on the chain. Meanwhile, we will introduce WASM to greatly improve the performance and developer-friendly of the virtual machine.
At the same time, in the next public chain version, we will soon launch the WASM virtual machine, which greatly improves the performance of the virtual machine and makes it developer-friendly. Porting virtual machine is a project with high technical difficulty. We learned that several projects ranked among the top 30 in market value are also developing WASM virtual machines. It took us several months to complete the porting of WASM, which fully demonstrates our technical strength. In addition, in the next version, we will provide a decentralized cross-chain solution so that more digital assets can operate in the WaykiChain Defi eco-system.
4. We all know that WaykiChain has conducted in-depth reciprocal visits with the Montenegro government and exchanged views on blockchain technology reform in the field of Montenegro International Trade and Finance. What new knowledge and experiences have you gained through international cooperation? How do these experiences inspire you to give WaykiChain more business value and promote the implementation of decentralized financial applications?
Gordon Gao: Firstly, the government thinks differently from ours. For example, we only consider whether a business model can improve efficiency and reduce costs, but the government will also consider how to coordinate all stakeholders and make a balance. We discussed the issuance of stablecoins with them. If stablecoins are controlled by the central bank and all are on the chain, then the commercial banks below the central bank will not be able to adopt the original method. If addition, currency is issued through leverage, this is a weakening of existing stakeholders and it is difficult to continue. So, both of us are still exploring better solutions, and strive to not only improve efficiency through the blockchain but also meet all existing stakeholders.
Moreover, there is also a shortage of technical talents and human resources in some European countries and regions. They welcome Chinese blockchain teams like us to export technology and solutions to them. This is a very good opportunity for WaykiChain and other Chinese blockchain teams.
Thirdly, the cheap money policy of the European Central Bank can cause huge interest rate differences between European and Asian currencies. This contains huge market space and business opportunities, and the Defi system aims at this.
5. WaykiChain will complete the cross-chain process of BTC and ETH in the first half of 2020, and the mortgage lending system through stablecoin will be launched simultaneously. It is expected that there will be a new round of explosive growth around WUSD’s Pre-IPO business and loans. What is WUSD and what are its uses?
Gordon Gao: WaykiChain WUSD, the first stablecoin developed on Core Layer of the public chain, is issued through over-collateralization with value anchored to USD.
WUSD is the cornerstone of the WaykiChain Defi system. WUSD can be cashed in USDT or fiat currency. In other words, users can pledge their WICC to borrow cash. This principle is the same as a loan from a bank. WUSD can buy WICC or WGRT (governance coin) in WaykiChain DEX. This means that giving leverage to those who hold WaykiChain coins. WUSD can also be used in WaykiChain ecological applications. For example, Huatong Securities provides brokerage services on HK and US stocks to global customers with its unique WUSD-based payment solution which means that opening up the digital currency and traditional financial channels. Also, recently, we plan to launch a new application just like bank demand loans. Users can buy WUSD as wealth management. Of course, there will be derivatives based on WUSD pricing in the future.
6. “Building a decentralized big platform and ecology through community autonomy” is the original intention of WaykiChain, and this is also the big vision of WaykiChain. What difficulties has WaykiChain encountered in building a globally decentralized consensus? How did you overcome these difficulties?
Gordon Gao: At the beginning, we only divided the domestic market and overseas markets. The main job of overseas markets is to publish articles and contents which achieved very little success. The language, culture, social platforms, per capita income, and the cognition level of cryptocurrency vary from country to country. And if we only use online communication, the information is too fragmented to help others understand your project in depth.
After continuous experimentation, we decided to adopt the mode of offline(entering)-online(maintenance). We organized offline meetups and recruited WaykiChain Global Ambassadors. And then, we transferred to online maintenance, which has achieved success.
Now we have organized 10 meetups with our global ambassadors, and have established telegram groups in nearly 20 countries and regions, including South Korea, Iran, Japan, Vietnam, Turkey, Indonesia, and the Philippines, with high daily engagements. The last time I did AMA in our Iranian group, the local media asked some very professional questions which show our Iranian fans have in-depth knowledge of our project. Now, WaykiChain team brings people from different countries to work together and becomes more international.
7. WaykiChain ranks first with a measured average TPS of 3300 (Measured Peak TPS 7800). And WaykiChain launched WUSD which is developed on the bottom layer of the public chain. What convenience and value will this bring to payment and commerce?
Gordon Gao: The Defi system that WaykiChain is going to achieve is a decentralized bank without borders
In daily life, most people go to the bank to do deposits, loans, exchange, buy financial products and so on. These functions are also available on WaykiChain and users can enjoy lower interest rates.
The average deposit rate in Europe is between 0 and 0.3%. However, if we launch the new application of WUSD, Europeans can use fiat currency to buy WUSD and then gain at least 3 points of interest. This part of the interest comes from the mortgage interest paid by the mortgage borrower to the system. This part may be can achieve 6 points or more. In this way, the system also earns a cut of the discount. So, this is a three-win business.
Defi is a business model that enables blockchain companies to truly implement possible commercial application scenarios. For example, Huatong Securities provides brokerage services on HK and US stocks to global customers with its unique WUSD-based payment solution Ordinary people are difficult to open an account to trade Hong Kong stocks in HK exchanges. However, now users can use WUSD to trade and invest HK/US Pre-IPO to make money. The HK Pre-IPO market now has an annualized income of 20–40% on average. Therefore, many people in the WaykiChain community now pledge WICC to generate WUSD and use WUSD to buy Hong Kong and US stocks to make new money. It can not only enjoy the potential appreciation space of WICC but also improve capital utilization.
8. WaykiChain has established a 3-token economic model (WICC / WUSD / WGRT) with more financial stability and scalability. Please introduce this model to us. What are the advantages of the WaykiChain 3-token economic model compared to the common single-token economic model?
Gordon Gao: As the base currency of Defi, WUSD is a stablecoin that is just needed in the investment market for deposits and loans. At the same time, WUSD can also be used as a payment tool, which is much more convenient than using other digital currencies with large volatility.
WaykiChain (WGRT) is our governance coins. All interest generated from borrowing WUSD and the liquidation penalty will be repurchased on the market to destroy WGRT. We don’t use WICC because if we use WICC, it means that the collateralized currency and the risk-proof currency are the same types. This model is the same as the model of BTS. The BTS black swan event has verified that this economic model does not work. Therefore, the emergence of governance coins is inevitable.
9. 2019 can be called “the year of Defi loans”, and 2020 will be the “year of Defi derivatives”, so how will DeFi develop in 2020? What is WaykiChain’s strategy?
Gordon Gao: Defi is definitely still a hot topic in the blockchain industry in 2020. From Huobi BTC(HBTC) which is released by Huobi, it can also be seen that exchanges that do centralized finance are also developing Defi. Loans and deposits are still rigid demands in the market.
Although derivatives have huge business opportunities, their outbreak in the Defi field may not be so fast. Because the market capability and liquidity of Defi are still limited. In addition, cryptocurrency enthusiasts have limited knowledge of derivatives. Now, Defi obviously still has some opportunities and the market is not occupied. For example, Bitcoin-based Defi has not yet been implemented. Of course, the emergence of HBTC promoted the development of Bitcoin-based Defi. However, its specific effects need time to verify. Moreover, Other public chain projects are still in the process of developing Defi. At present, only Ethereum’s Defi business has formed a certain scale, and WaykiChain might be the second-largest Defi platform which is developed on the public chain after Ethereum. Some users from WaykiChain do not own Ethereum, but if they own WaykiChain (WICC), they can also do collateralizing.
Since WaykiChain has launched the Defi platform, it has collateralized over 24 million WICC and issued over USD 1.4 million in WUSD. WaykiChain’s strategy in Defi is mainly to satisfy both supply and demand. Firstly, we will continue to increase the amount of WICC total collateral and expand the issuance of WUSD. Secondly, we will keep working hard to expand and develop commercial application scenarios of WUSD. Finally, we will keep innovating and explore more new products and technology. WaykiChain will continuously make contributions in the world blockchain industry with its leading specialization.
submitted by Vincent_Lionheart to CryptoMarkets [link] [comments]

[Bull Market Sharing Class №273] Why does WaykiChain (WICC) soar after the start of 2020? With the advent of the bull market, how does WaykiChain perfect their Defi ecosystem and occupy the market?

[Bull Market Sharing Class №273] Why does WaykiChain (WICC) soar after the start of 2020? With the advent of the bull market, how does WaykiChain perfect their Defi ecosystem and occupy the market?
https://preview.redd.it/6357r29zl1l41.jpg?width=1200&format=pjpg&auto=webp&s=b6f7efa4c13ef8ebc35c0c8757fce31f91ad6f8f
As a world’s leading blockchain company focused on blockchain’s underlying technology and related ecosystem technology, WaykiChain owns an industry-leading public chain. Relying on the inherent technical advantages of blockchain and its superior R&D strength, WaykiChain is empowered with high-performance transaction processing capabilities (TPS3300), efficient mechanism of consensus (DPoS + pBFT), powerful smart contract, as well as the blockchain ecological decentralized control ability, WaykiChain can provide various major industries and key areas of vertical industry with infrastructure services and industry solutions.
At present, the bottom layer of the WaykiChain public chain has been continuously upgraded and optimized and has achieved significant success. WaykiChain stablecoin WUSD, which is developed on the bottom of the public chain, is one of the important infrastructures of blockchain finance promoted by WaykiChain. It is also continuously improving the potential of decentralized business development.
At 20:00 on February 14th, at the invitation of the “Bull Market Sharing Class”, Gordon Gao, the Co-Founder, and CEO of WaykiChain made sharing of the theme “ Why does WaykiChain (WICC) soar after the start of 2020? With the advent of the bull market, how does WaykiChain perfect their Defi ecosystem and occupy the market?”
Gordon Gao Background: Gordon Gao, WaykiChain Co-Founder & CEO, an Alumni of Columbia University in New York, former Chief Data Scientist of Fishbowl in Wall Street, ex-Senior Data Analyst of Alibaba Group, a senior member of Mensa International Club, currently serves as WaykiChain CEO. He is responsible for offering support to WaykiChain commercial model designing and strategy planning, building up a digitalized monitor system for products and operation and promoting WaykiChain overseas market with his international background.
The Following is the content of sharing from Gordon Gao:
1.WaykiChain is a third-generation blockchain commercial public chain that aims to build a world-leading public chain brand. How does the performance of WaykiChain compare to other public chains on the market?
Gordon Gao: In terms of performance, WaykiChain’s TPS ranks first with a measured average of 3300 in the world. Besides, our ecological construction in the DApp field and Defi is also gradually perfect. Last year, we introduced more than 20 DApps. Since WaykiChain has launched the Defi platform, it has collateralized over 24 million WICC and issued over USD 1.4 million in WUSD.
2. Recently, WaykiChain(WICC) is well received by Korean investors, and its trading volume has exceeded 70 billion WON. How does WaykiChain achieve such outstanding results?
Gordon Gao: When WaykiChain(WICC) was listed on Bithumb, WICC’s premium was three times the domestic price. Recent market conditions are very good. The maximum price in South Korea is up to 10 times the domestic price.
Our investment in the Korean market has always been very large. As early as 2018 May, WaykiChain Global Conference which was attracted thousands of persons to participate was successfully held in Seoul. After that, we did a lot of publicity around the Korean market, such as the content promotion and SEO promotion of their NAVER search engine. Last year, we also held WaykiChain(WICC) X Huobi Korea Hackathon and offline meetup in South Korea. I have also been invited three times to give speeches and conducting exhibitions at Korean blockchain conferences. And our CTO Richard Chen was invited to interview with the Korean media, which was broadcast by Korean KBS TV station. South Korean users are very impressed with WaykiChain. When WaykiChain held the Hackathon in South Korea last year, a Korean investor came over and told us that he also came to our conference in 2018 and also received gold bars. He told us he was very happy to see our development so that he came to support us this time. When we have this kind of market enthusiasm, it is not unusual for prices to be reflected in the exchange.
3. According to media reports, WaykiChain has a strong technical team and has made a lot of progress in technology development. It has planned a four-public chain version iteration plan. What innovations and breakthroughs has WaykiChain achieved in technology?
Gordon Gao: The current version is WaykiChain public chain v2.0 version (Teng version) that we updated in October last year. We added the decentralized exchange and developed a CDP system at the bottom of the public chain for pledging WICC to get stablecoin WUSD. We developed a 3-token economy model (WICC, WUSD, WGRT) and increased the speed of block generation from 10 seconds per block to 3 seconds per block, which greatly improving user experience. This version lays the foundation for us to achieve decentralized financial functions, and directly implements the three most important functions of Defi at the moment: stablecoin, lending, and DEX.
We are developing the public chain v3.0 version (Hu version) now. In the public chain v3.0 version, we will further improve the performance and scalability of the current decentralized exchange, allowing anyone to publish their own DEX on the chain. Meanwhile, we will introduce WASM to greatly improve the performance and developer-friendly of the virtual machine.
At the same time, in the next public chain version, we will soon launch the WASM virtual machine, which greatly improves the performance of the virtual machine and makes it developer-friendly. Porting virtual machine is a project with high technical difficulty. We learned that several projects ranked among the top 30 in market value are also developing WASM virtual machines. It took us several months to complete the porting of WASM, which fully demonstrates our technical strength. In addition, in the next version, we will provide a decentralized cross-chain solution so that more digital assets can operate in the WaykiChain Defi eco-system.
4. We all know that WaykiChain has conducted in-depth reciprocal visits with the Montenegro government and exchanged views on blockchain technology reform in the field of Montenegro International Trade and Finance. What new knowledge and experiences have you gained through international cooperation? How do these experiences inspire you to give WaykiChain more business value and promote the implementation of decentralized financial applications?
Gordon Gao: Firstly, the government thinks differently from ours. For example, we only consider whether a business model can improve efficiency and reduce costs, but the government will also consider how to coordinate all stakeholders and make a balance. We discussed the issuance of stablecoins with them. If stablecoins are controlled by the central bank and all are on the chain, then the commercial banks below the central bank will not be able to adopt the original method. If addition, currency is issued through leverage, this is a weakening of existing stakeholders and it is difficult to continue. So, both of us are still exploring better solutions, and strive to not only improve efficiency through the blockchain but also meet all existing stakeholders.
Moreover, there is also a shortage of technical talents and human resources in some European countries and regions. They welcome Chinese blockchain teams like us to export technology and solutions to them. This is a very good opportunity for WaykiChain and other Chinese blockchain teams.
Thirdly, the cheap money policy of the European Central Bank can cause huge interest rate differences between European and Asian currencies. This contains huge market space and business opportunities, and the Defi system aims at this.
5. WaykiChain will complete the cross-chain process of BTC and ETH in the first half of 2020, and the mortgage lending system through stablecoin will be launched simultaneously. It is expected that there will be a new round of explosive growth around WUSD’s Pre-IPO business and loans. What is WUSD and what are its uses?
Gordon Gao: WaykiChain WUSD, the first stablecoin developed on Core Layer of the public chain, is issued through over-collateralization with value anchored to USD.
WUSD is the cornerstone of the WaykiChain Defi system. WUSD can be cashed in USDT or fiat currency. In other words, users can pledge their WICC to borrow cash. This principle is the same as a loan from a bank. WUSD can buy WICC or WGRT (governance coin) in WaykiChain DEX. This means that giving leverage to those who hold WaykiChain coins. WUSD can also be used in WaykiChain ecological applications. For example, Huatong Securities provides brokerage services on HK and US stocks to global customers with its unique WUSD-based payment solution which means that opening up the digital currency and traditional financial channels. Also, recently, we plan to launch a new application just like bank demand loans. Users can buy WUSD as wealth management. Of course, there will be derivatives based on WUSD pricing in the future.
6. “Building a decentralized big platform and ecology through community autonomy” is the original intention of WaykiChain, and this is also the big vision of WaykiChain. What difficulties has WaykiChain encountered in building a globally decentralized consensus? How did you overcome these difficulties?
Gordon Gao: At the beginning, we only divided the domestic market and overseas markets. The main job of overseas markets is to publish articles and contents which achieved very little success. The language, culture, social platforms, per capita income, and the cognition level of cryptocurrency vary from country to country. And if we only use online communication, the information is too fragmented to help others understand your project in depth.
After continuous experimentation, we decided to adopt the mode of offline(entering)-online(maintenance). We organized offline meetups and recruited WaykiChain Global Ambassadors. And then, we transferred to online maintenance, which has achieved success.
Now we have organized 10 meetups with our global ambassadors, and have established telegram groups in nearly 20 countries and regions, including South Korea, Iran, Japan, Vietnam, Turkey, Indonesia, and the Philippines, with high daily engagements. The last time I did AMA in our Iranian group, the local media asked some very professional questions which show our Iranian fans have in-depth knowledge of our project. Now, WaykiChain team brings people from different countries to work together and becomes more international.
7. WaykiChain ranks first with a measured average TPS of 3300 (Measured Peak TPS 7800). And WaykiChain launched WUSD which is developed on the bottom layer of the public chain. What convenience and value will this bring to payment and commerce?
Gordon Gao: The Defi system that WaykiChain is going to achieve is a decentralized bank without borders
In daily life, most people go to the bank to do deposits, loans, exchange, buy financial products and so on. These functions are also available on WaykiChain and users can enjoy lower interest rates.
The average deposit rate in Europe is between 0 and 0.3%. However, if we launch the new application of WUSD, Europeans can use fiat currency to buy WUSD and then gain at least 3 points of interest. This part of the interest comes from the mortgage interest paid by the mortgage borrower to the system. This part may be can achieve 6 points or more. In this way, the system also earns a cut of the discount. So, this is a three-win business.
Defi is a business model that enables blockchain companies to truly implement possible commercial application scenarios. For example, Huatong Securities provides brokerage services on HK and US stocks to global customers with its unique WUSD-based payment solution Ordinary people are difficult to open an account to trade Hong Kong stocks in HK exchanges. However, now users can use WUSD to trade and invest HK/US Pre-IPO to make money. The HK Pre-IPO market now has an annualized income of 20–40% on average. Therefore, many people in the WaykiChain community now pledge WICC to generate WUSD and use WUSD to buy Hong Kong and US stocks to make new money. It can not only enjoy the potential appreciation space of WICC but also improve capital utilization.
8. WaykiChain has established a 3-token economic model (WICC / WUSD / WGRT) with more financial stability and scalability. Please introduce this model to us. What are the advantages of the WaykiChain 3-token economic model compared to the common single-token economic model?
Gordon Gao: As the base currency of Defi, WUSD is a stablecoin that is just needed in the investment market for deposits and loans. At the same time, WUSD can also be used as a payment tool, which is much more convenient than using other digital currencies with large volatility.
WaykiChain (WGRT) is our governance coins. All interest generated from borrowing WUSD and the liquidation penalty will be repurchased on the market to destroy WGRT. We don’t use WICC because if we use WICC, it means that the collateralized currency and the risk-proof currency are the same types. This model is the same as the model of BTS. The BTS black swan event has verified that this economic model does not work. Therefore, the emergence of governance coins is inevitable.
9. 2019 can be called “the year of Defi loans”, and 2020 will be the “year of Defi derivatives”, so how will DeFi develop in 2020? What is WaykiChain’s strategy?
Gordon Gao: Defi is definitely still a hot topic in the blockchain industry in 2020. From Huobi BTC(HBTC) which is released by Huobi, it can also be seen that exchanges that do centralized finance are also developing Defi. Loans and deposits are still rigid demands in the market.
Although derivatives have huge business opportunities, their outbreak in the Defi field may not be so fast. Because the market capability and liquidity of Defi are still limited. In addition, cryptocurrency enthusiasts have limited knowledge of derivatives. Now, Defi obviously still has some opportunities and the market is not occupied. For example, Bitcoin-based Defi has not yet been implemented. Of course, the emergence of HBTC promoted the development of Bitcoin-based Defi. However, its specific effects need time to verify. Moreover, Other public chain projects are still in the process of developing Defi. At present, only Ethereum’s Defi business has formed a certain scale, and WaykiChain might be the second-largest Defi platform which is developed on the public chain after Ethereum. Some users from WaykiChain do not own Ethereum, but if they own WaykiChain (WICC), they can also do collateralizing.
Since WaykiChain has launched the Defi platform, it has collateralized over 24 million WICC and issued over USD 1.4 million in WUSD. WaykiChain’s strategy in Defi is mainly to satisfy both supply and demand. Firstly, we will continue to increase the amount of WICC total collateral and expand the issuance of WUSD. Secondly, we will keep working hard to expand and develop commercial application scenarios of WUSD. Finally, we will keep innovating and explore more new products and technology. WaykiChain will continuously make contributions in the world blockchain industry with its leading specialization.
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