Coinmama: Erfahrungen & Bewertungen bitcoinMag.de

How to purchase and exchange your litecoin! (longer read)

This post will show you the best ways to buy litecoins using many different payment methods and exchanges for each method.
Before you start, make sure you have a good litecoin wallet to store your LTC. NEVER store your litecoins on a crypto exchange.

Popular Exchanges

eToro
Coinbase
Coinmama

Buy Litecoin with Credit Card or Debit Card

Let’s dive into some of the exchanges supporting Litecoin credit card purchases.
These exchanges are our favorite ways to buy.

Coinbase

Coinbase is the easiest way to buy litecoins with a credit card.
Coinbase is available in the United States, Canada, Europe, UK, Singapore, and Australia.
The fees will come out to 3.99% per purchase.
Here is a good video that can help walk you through the process of buying on Coinbase, although it’s fairly easy.

Coinmama

Coinmama recently added the ability to buy litecoin directly on the platform. Users from nearly any country in the world can use Coinmama to buy litecoins.
Coinmama has some of the highest limits among credit card exchanges.

BitPanda

BitPanda is based in Austria and is a crypto brokerage service. You can buy using a credit card from most European countries.

CEX.io

CEX.io is based in the UK and is one of the oldest crypto exchanges online.
CEX.io supports litecoin and its users from nearly anywhere in the world can buy litecoin with credit card on the platform.

Buy Litecoin with Bank Account or Bank Transfer

Coinbase

Coinbase is the easiest way to buy litecoins with a bank account or transfer.
Coinbase, like is is for credit cards, is available in the United States, Canada, Europe, UK, Singapore, and Australia.
Coinbase is one of primary exchanges used to buy Litecoins.
Americans can use ACH transfer (5–7 days wait), and Europeans can use SEPA transfer (1–3 days wait).
The fees will come out to 1.49% per purchase.

BitPanda

BitPanda is based in Austria and is a crypto brokerage service. You can buy using SEPA transfer from most European countries. You can also use SOFORT, NETELLER, or GiroPay.

CEX.io

CEX.io also supports litecoin buys via bank account. This is via wire transfer for US citizens, SEPA for Europe, and SWIFT for the rest of the globe.

Binance

Binance is now one of the largest if not the largest cryptocurrency exchange in the world. It supports bank and card purchases of Litecoin as well as Litecoin trading pairs with Bitcoin and Etehreum.

Get a Litecoin Wallet

Before we move onto other options:
Never store your litecoins on an exchange!
Always withdrawal your litecoin to an offline cryptocurrency wallet like the Ledger Nano S or any other wallet that you control.
The Ledger Nano S and TREZOR are the best options for secure storage.

Other Methods to Buy Litecoin

If you don’t have a card or want to avoid the high fees, you can use the following methods to buy Litecoin as well.
Find out which one works best for you.

Buy Litecoin with PayPal

Unfortunately, there is no easy way to buy Litecoin with PayPal. Other sites will tell you that cex allows for this, but that is no longer the case.
You can, however, now use eToro to buy Litecoin, unless you live in the United States.
If you live in the US, the only way to buy Litecoin with Paypal is to buy Bitcoin using paypal, and then use the Bitcoins to buy Litecoin. You can easily buy Bitcoin using Paypal on Local Bitcoins. Once you have Bitcoin, you can use an exchange like Coinbase Pro to swap the Bitcoin for Litecoin.

Buy Litecoin with Cash

There is no good way to buy litecoins with cash. LocalBitcoins is the most popular way to buy bitcoins with cash, and it does not have Litecoin support. Other popular cash to Bitcoin exchanges like BitQuick and Wall of Coins also do not support LTC. So you will have to first buy bitcoins with cash then exchange them for LTC using the method described below.
The same goes for Bitcoin ATMs. Most do not support Litecoin. So if you want to buy litecoins at a Bitcoin ATM you first have to buy bitcoins and then trade the BTC for litecoins.

Buy Litecoin with Bitcoin

If you already have Bitcoins then it is VERY simple to convert some of your BTC to litecoins.
You just need to find an exchange with the LTC/BTC pair, which is most exchanges since LTC/BTC is a very popular pair to trade.

Buy Litecoin with Skrill

BitPanda, mentioned above, also accepts Skrill payments for LTC. The fees will vary and are simply included in your buy price.

Cryptmixer

Cryptmixer is probably the fastest way to convert BTC to Litecoin. You just enter the amount of LTC you want to buy, and give them a LTC address. Then they will tell you how much BTC to send to their address. Once your BTC is sent, you will have LTC delivered to your wallet very shortly after.

Buy Litecoin with Ethereum

Ethereum has experienced a massive price rise. Nearly a year ago it was $10, and now at over $500, many want to move some of their ETH gains into other coins like Litecoin.
Litecoin has very good liquidity, and is very popular among traders especially in China.
So this guide is going to show you how to buy litecoins with Ethereum. We will show some of the best exchanges you can use, and the pros and cons of using different types of exchanges over the other.

Cryptmixer

Cryptmixer is one of the most unique exchanges, and also one of the fastest ways to convert your ETH to LTC.
With Cryptmixer you do not even need to store your money with the exchange, meaning you are at very little risk of getting your funds stolen.
With Cryptmixer you simply specify the amount of LTC you want to buy, and specific the address to where your litecoins should be sent and within 30 minutes you will have LTC delivered to your wallet.

Poloniex

Poloniex is the world’s largest altcoin exchange. However, there is a huge downside to using Poloniex to convert your ETH to LTC:
Poloniex does not have a LTC/ETH market, meaning you have to first trade your ETH to BTC, and then trade your BTC for LTC.
While this method works, you will have to make multiple trades and also pay fees twice.

ShapeShift

Shapeshift is basically the same as Cryptmixer, and was actually the first company to come up with the concept of an exchange that does not hold your own funds.

Frequently Asked Questions About Buying Litecoin

Many of you may still have lots of questions about how to buy Litecoin.
Odds are we have answered almost any question you could think of below.
We will aim to answer many of the most common questions relating to buying Litecoin.

Why are there limited options to buying Litecoin using other altcoins?

The issue in all crypto markets is liquidity. As the space gets bigger, the liquidity also gets better. But as of now, the only VERY liquid cryptocurrency is Bitcoin. So exchanging two altcoins between each other is often harder than if BTC was involved on one side of the trade.

How much is a Litecoin worth?

Like all currencies, the value of Litecoin changes every second. The value of Litecoin also depends on the country you are in and the exchange you are trading on. You can find the most up to date price on Coinbase.

How do I buy Ripple (XRP) with Litecoin?

The best way to buy Ripple using Litecoin is to either use a non KYC exchange like Cryptmixer or start an account on Binance or Coinbase Pro and sell your Litecoin for Ripple. Look for LTC/XRP trading pairs, and make your trade.

How long does Litecoin take to confirm?

Litecoin blocks are added ever 2 and a half minutes. That means you should get one confirmation every two and a half minutes. This can vary if it takes miners longer to discover a block, but the difficulty of the finding a block should change proportionate to the hashing power on the network so that a block gets added approximately every 2.5 minutes.
If you are trying to send money to a merchant, they may require more than one confirmation before they send you products. If you are depositing on an exchange, they may also require three or more confirmations before they credit your account.

How many Litoshis make one Litecoin?

one hundred million (100,000,000) Litoshis make one (1) Litecoin.

Where do I store Litecoin?

The best place to store litecoin is on a hardware wallet. You can find the best one for you on our page dedicated to hardware wallets.

When is the Litecoin halving?

The expected date of the next Litecoin block reward halving is August 7th, 2023.

Why can litecoin take so long to buy?

Litecoin can take long to buy because the legacy banking system is very slow. If you are buying with another cryptocurrency, you will see how fast it is to buy!
Bank transfer in the USA, for example, take about 5 days to complete. So any purchase of Litecoin made with a US bank transfer will take a minimum of 5 days.

How do I buy Litecoin with Paypal?

Unfortunately, there is no easy way to buy Litcoin with PayPal. Other sites will tell you that cex allows for this, but that is no longer the case.
You can, however, now use eToro to buy Litcoineum, unless you live in the United States.
If you live in the US, the only way to buy Litcoin with Paypal is to buy Bitcoin using paypal, and then use the Bitcoins to buy Litcoin. You can easily buy Bitcoin using Paypal on Local Bitcoins. Once you have Bitcoin, you can use an exchange like Cryptmixer to swap the Bitcoin for Litcoin.

Can you buy partial litecoins?

Yes, litecoin, like Bitcoin, is divisible to many decimal places so you can buy 0.1 LTC, 0.001 LTC, etc.

Can you sell litecoin?

Yes, you can sell LTC on most of the exchanges mentioned above. The fees, speed, and privacy is the same in most cases.

Can anyone buy litecoins?

Anyone is free to buy litecoins, as long as you find an exchange that supports your country. Most cryptocurrency wallets do not require ID to sign up so you can always make a wallet and get paid in litecoin, too.

Which payment method is best to use?

For speed, credit card will likely be fastest. For larger amounts, bank transfer is best. For privacy, it’s best to buy bitcoins with cash and then trade for litecoins using Cryptmixer or Shapeshift.

Is it better to mine or buy litecoins?

If you have cheap electricity, it might be worth it to mine litecoins. If you have solar power or just want to mine for fun then it could be worth it. Otherwise, it’s probably better just to buy.
Mining is constantly changing and small changes in Litecoin price or electricity can greatly affect your profitability.

What should I do with my litecoins once I buy?

You should immediately move your litecoins into a secure wallet. You should never leave your litecoins on an exchange. There have been countless hacks in cryptocurrency since Bitcoin was created in 2009. Hundreds of thousands of people have lost money. So buy your litecoins, and then instantly send them into a wallet you control so you are not at risk of losing money to a hack or scam.
submitted by MonishaNuij to MonMonCrypto [link] [comments]

Best places to trade your Ripple/XRP (longer read)

In the past when you heard the word ‘cryptocurrency’, the first thing that came to everyone’s minds was Bitcoin. To some, this is still the case; they believe that Bitcoin is the cryptocurrency and the vice versa to also be true.
Of course, the statement is correct in one way; Bitcoin is a cryptocurrency, but cryptocurrency is not made up of only Bitcoin but a host of other currencies. One of these currencies is Ripple.
When it comes to the top five cryptocurrencies with the highest capitalization, Ripple needs no introduction as it has managed to secure a position of being the third most traded cryptocurrency around the world. Perhaps this is due to the fact that Ripple is the only cryptocurrency with a backing from traditional legacy financial institutions.
In addition, the coin has been integrated into the operation of thousands of small businesses around the world.
At this juncture, it is only fair that you learn how to be a part of this great innovation. Thankfully, that is what this guide is all about, showing you some of the best trading platforms for Ripple.
There are numerous exchanges that offer decent exchange rates and well-matched trading pairs, but I’ll only narrow down to some of our best picks to help you get started fast.

What is Ripple (XRP)?

Ripple is a cryptocurrency, a currency exchange, a real-time gross settlement payment system, and a remittance network powered by Ripple. As I mentioned before, this is the third most capitalized cryptocurrency asset after Bitcoin and Ethereum.
XRP allows enterprises such as banks and other financial service providers to offer their clients a reliable option to source for liquidity for cross-border currency transactions.
Ripple is a distributed, open-source platform that seeks to capitalize on the weaknesses of the conventional money payment systems such as credit and debit cards, PayPal, bank transfers, among others. According to Ripple, these payment systems expose users to a lot of transaction delays and restrict the fluidity of currencies.
The platform aims at replacing traditional payment systems through offering a faster, safer, and more convenient alternative for making payments.
Both the platform’s exchange and tokens are called Ripple, and their mantra states one frictionless experience to send money globally.

Where Can I Trade XRP?

Most exchanges that trade Ripple are limited to crypto-to-crypto transactions. This means that you can only trade Ripple with another cryptocurrency and not fiat currencies such as the euro or the dollar.
You’ll need to acquire the currency you wish to trade with XRP on a platform that accepts fiat, and once that happens, you can proceed to trade the two currencies.
There are several great platforms that offer XRP trading; below are just a few:

Buying XRP on Binance

Binance is an exchange that was established in 2017 but has bagged a reputation worth over 10 years of existence. This, the team claims, is due to a number of features offered by the platform including better security controls, low trading fee (0.05%), as well as its faster transacting speeds.
To buy or trade XRP on Binance, you’ll need to set up an account on the exchange. The platform offers a fast signup process and actually accepts users from all around the world.
Once you’re done signing up, navigate to the fund’s section and click on “Deposits”. You will find all the listed cryptocurrencies supported by the Binance platform.
Since Binance does not support the purchase of Ripple using fiat currencies, you’ll need to acquire another cryptocurrency such as Bitcoin or Ethereum and use it to acquire XRP.
This will require you to use a platform such as Coinbase that accepts fiat currencies when buying cryptos. Getting started on Coinbase is quite simple. Head over to their website and click on the “Get Started” icon on the top right corner of your screen.
Fill in the required fields and read through their User Agreement and Privacy Policy documents, then create your account.
You’ll receive an email that will require you to verify your signup details together with your phone number.
You will then gain access to your created account.
Proceed to buy your coins; preferably, choose either Bitcoin or Ethereum as they have higher liquidities. Once you’re done, your coins will be received in your online Coinbase account.
Head over to the menu indicated as “Account” and click on it.
Click on “Send” and enter the number of coins you wish to send to your Binance wallet. Copy and paste the address of your Binance account to Coinbase, then click send to transfer the funds.
The purchased cryptocurrency will be received and on Binance, you can go ahead and trade it with Ripple.

Buying XRP on Bittrex

Just like on Binance, you’ll need to create an account on Bittrex to get started.
The process is pretty much straightforward, only requiring you to sign up using your email address and password.
Once you’re done signing up, click on the wallet tab. You will be taken to a page where you can view all the deposit addresses of the cryptocurrencies on the Bittrex platform.
You can then choose the currency to use to purchase XRP, after which, you will be required to type in the code of the currency you will be using to purchase Ripple. If you’re using Ethereum, you can type in the search bar “ETH” and then click on the green arrow to reveal the deposit address. In case you will be sending the funds from a different exchange, you’ll need to paste the address to that platform.
Next, you’ll need to send funds to your Bittrex account. Bittrex permits payments using both fiat and cryptocurrencies. So, depending on what you will be using, send money to your online wallet and proceed to trade it with Ripple.

Buying XRP on Changelly

Changelly is another Ripple exchange that requires you to use either Bitcoin or Ethereum to acquire XRP.
The exchange doesn’t have an inbuilt wallet, so you’ll need to store your funds on a separate hardware or software wallet. You can pretty much use any type of wallet, but the most secure ones are the hardware ones as they store your coins in an offline cold storage area.
Ripple prefers not to have many unutilized accounts being set up on its platform; this is why you’ll need to have a minimum of 20 XRP in your account for you to get started. However, if your first transaction will be more than 20 XRP, then you’re all set.
Once you have a wallet ready for your Ripple, head to the Changelly site and click on “input currency”. Here, you will be able to enter the currency you wish to trade for Ripple.
You can basically pick and use any coin listed on the site, but it is highly recommended that you use either Bitcoin or Ethereum due to their high liquidity.
The output section will have Ripple, which is the currency you wish to receive.
The next step will require you to key in your XRP address, which is your Ripple address and the destination tag, which is a description of the transaction.
You can now proceed to trade your chosen coins for Ripple. The transaction shouldn’t take long, and you will be able to receive the coins in your Ripple wallet.

Cryptmixer

Cryptmixer is a platform that assists users to swap XRP with 5 other assets freely. The interface lets users convert assets directly from one’s wallet, without having to create an account or register. Besides, the service helps to compare different providers and find a suitable deal for handling Ripple transactions securely, rapidly, and at the best rate.
The process of using Cryptmixer is quite simple:
  1. Go to the main page, choose the currency you’d like to swap, and enter the amount.
  2. Choose XRP to receive.
  3. Review the amount to see how much you will receive. Cryptmixer will automatically find the best rates for your trade.
  4. Click Exchange.
  5. Then, enter the wallet address that you wish to use.
  6. Send in the deposit to the generated wallet address and wait for the transaction to be processed.
What makes Cryptmixer a great fit is that it provides a very simple layout and quick process so it’s not chore when you trade your crypto. The support line also takes on the job of solving the cases by cooperating with users with top priority.
To learn more on how to exchange XRP at the best rate check https://cryptmixer.com

Buying XRP on Coinmama

Coinmama is a cryptocurrency exchange that has been around for quite a while now. The Coinmama team has been adding more coins on their platform over time to be able to provide its users with a wider variety of trading pairs.
More recently, the platform included Ripple on its platform. However, Coinmama does not allow US-based users to purchase Ripple due to some stringent laws and regulations surrounding the coin.
But for non-US users, you can proceed to create your account on the platform and locate Ripple among the listed assets.
Once you’ve created your account, navigate your way to the area with the list of assets. Select one of the provided packages and proceed.
You’re required to have a crypto wallet prior to making any purchase on the platform, so be sure to have a valid wallet address before completing the purchase. Once that’s done, purchase your Ripple coins and they will be delivered to your wallet.

Storing Your Ripple Coins

Online storages are never safe for cryptocurrency assets. Individuals have woken up to all sort of horrific sceneries on their accounts that left them bankrupt with no one to turn to.
One of the most important concepts you need to grasp about online businesses is the security of your transactions.
Cryptocurrency burglars are everywhere and are getting smarter by the day; this means that traditional ways of guaranteeing the security of your online assets are no longer effective.
Most exchanges have top-notch security standards, but the safety of your cryptos begins with you. A great way of ensuring that your funds are secure is by getting an offline storage device for your coins. I’ve seen great reviews on two hardware wallets that I highly recommend; these are the Ledger Nano S and Trezor wallets.
After getting the wallet of your choice, keep your personal data such as passwords and secret words private; this will ensure that no one else gains access to your wallet even if you misplace it. Writing your password or PIN on open places or somewhere in your phone might not be a good idea; yes, it may be convenient for you, but it will be for the burglar too.

What method of purchasing XRP is considered to be the best?

The most secure and common way of acquiring Ripple is through buying Ethereum or Bitcoin from Coinbase or Coinmama, then transferring the same to Cryptmixer to use to exchange with Ripple.
This is because Ripple is currently not available for purchase by using fiat currencies.

What is the best trading platform for Ripple?

Ripple is available on a decent number of exchanges including Binance, Coinmama, Coinbase, Bittrex, Cryptmixer, and more. However, among the stated ones, I have found Cryptmixer to be more secure and easier to use while it also offers the best trading rates and fees.

The Bottom Line

As we conclude, you now have some of the best choices when it comes to the exchange to acquire Ripple coins. After buying your XRP coins, store them offline on a secure device due to the risk of being faced by threats such as hacking or system failures.
If you’re serious about making cryptocurrency your investment vehicle in the long run, consider investing in a more lasting security solution such as a hardware storage device. You may not get them for a few pennies, but trust me when I say they are worth every last dime you spend on them.
submitted by MonishaNuij to MonMonCrypto [link] [comments]

Scam Alert - Godfinex and PETC ICO is a scam!

Hello , I just want to raise an awareness of something that has recently happened to a friend of mine. He was introduced to Godfinex trading platform to trade an a new cryptocurrency called PETC. He, unfortunately was introduced to this through a "friend"
It begins with innocent discussion on investments but later the "friend" started showing the amount of money that this PETC has made for him/her and started asking if he would like to invest as well. The way to invest in this was to purchase bitcoin through coinbase / binance / coinmama etc and then deposit it into the wallet given on the website. You then use that BTC to exchange for PETC.
The price of PETC started soaring which causes my friend to put in even more money. Unfortunately he put in almost all of his savings into the investment. Lo and behold, when he is asking to get the money out, there is no way of taking them back out due to the coin being in a "subscription period"
Just like that he is going to lose all his savings and looks like he is not the only person that has been scammed. This article found online is with the website Onefinex which I am pretty sure is operated by the same person.
https://www.reddit.com/CryptoCurrency/comments/gok1ud/scam_warning_onefinex_and_bdv_coin_scam_via_tinde
Please be aware and do not put any money into websites that you are not familiar with. The so called "executives" on this website is also the same name present on these websites:
http://rexbd.net/html/xerohyip/demo/about.html
https://e-capitaloption.com/about-us
Hopefully this will raise some awareness and prevent more people from falling prey to this scam!
submitted by NineEight98Mandarin to Scams [link] [comments]

Scam Alert - Godfinex and PETC

Hello , I just want to raise an awareness of something that has recently happened to a friend of mine. He was introduced to Godfinex trading platform to trade an a new cryptocurrency called PETC. He, unfortunately was introduced to this through a "friend"
It begins with innocent discussion on investments but later the "friend" started showing the amount of money that this PETC has made for him/her and started asking if he would like to invest as well. The way to invest in this was to purchase bitcoin through coinbase / binance / coinmama etc and then deposit it into the wallet given on the website. You then use that BTC to exchange for PETC.
The price of PETC started soaring which causes my friend to put in even more money. Unfortunately he put in almost all of his savings into the investment. Lo and behold, when he is asking to get the money out, there is no way of taking them back out due to the coin being in a "subscription period"
Just like that he is going to lose all his savings and looks like he is not the only person that has been scammed. This article found online is with the website Onefinex which I am pretty sure is operated by the same person.
https://www.reddit.com/CryptoCurrency/comments/gok1ud/scam_warning_onefinex_and_bdv_coin_scam_via_tinde
Please be aware and do not put any money into websites that you are not familiar with. The so called "executives" on this website is also the same name present on these websites:
http://rexbd.net/html/xerohyip/demo/about.html
https://e-capitaloption.com/about-us
Hopefully this will raise some awareness and prevent more people from falling prey to this scam!
submitted by NineEight98Mandarin to petrocoin [link] [comments]

Scam Alert - Godfinex and PETC ICO is a scam!

Hello , I just want to raise an awareness of something that has recently happened to a friend of mine. He was introduced to Godfinex trading platform to trade an a new cryptocurrency called PETC. He, unfortunately was introduced to this through a "friend"
It begins with innocent discussion on investments but later the "friend" started showing the amount of money that this PETC has made for him/her and started asking if he would like to invest as well. The way to invest in this was to purchase bitcoin through coinbase / binance / coinmama etc and then deposit it into the wallet given on the website. You then use that BTC to exchange for PETC.
The price of PETC started soaring which causes my friend to put in even more money. Unfortunately he put in almost all of his savings into the investment. Lo and behold, when he is asking to get the money out, there is no way of taking them back out due to the coin being in a "subscription period"
Just like that he is going to lose all his savings and looks like he is not the only person that has been scammed. This article found online is with the website Onefinex which I am pretty sure is operated by the same person.
https://www.reddit.com/CryptoCurrency/comments/gok1ud/scam_warning_onefinex_and_bdv_coin_scam_via_tinde
Please be aware and do not put any money into websites that you are not familiar with. The so called "executives" on this website is also the same name present on these websites:
http://rexbd.net/html/xerohyip/demo/about.html
https://e-capitaloption.com/about-us
Hopefully this will raise some awareness and prevent more people from falling prey to this scam!
submitted by NineEight98Mandarin to scamcoin [link] [comments]

Scam Alert - Godfinex and PETC ICO coin is a scam!

Hello , I just want to raise an awareness of something that has recently happened to a friend of mine. He was introduced to Godfinex trading platform to trade an a new cryptocurrency called PETC. He, unfortunately was introduced to this through a "friend"
It begins with innocent discussion on investments but later the "friend" started showing the amount of money that this PETC has made for him/her and started asking if he would like to invest as well. The way to invest in this was to purchase bitcoin through coinbase / binance / coinmama etc and then deposit it into the wallet given on the website. You then use that BTC to exchange for PETC.
The price of PETC started soaring which causes my friend to put in even more money. Unfortunately he put in almost all of his savings into the investment. Lo and behold, when he is asking to get the money out, there is no way of taking them back out due to the coin being in a "subscription period"
Just like that he is going to lose all his savings and looks like he is not the only person that has been scammed. This article found online is with the website Onefinex which I am pretty sure is operated by the same person.
https://www.reddit.com/CryptoCurrency/comments/gok1ud/scam_warning_onefinex_and_bdv_coin_scam_via_tinde
Please be aware and do not put any money into websites that you are not familiar with. The so called "executives" on this website is also the same name present on these websites:
http://rexbd.net/html/xerohyip/demo/about.html
https://e-capitaloption.com/about-us
Hopefully this will raise some awareness and prevent more people from falling prey to this scam!
submitted by NineEight98Mandarin to cryptocurrencyscams [link] [comments]

Top 25 Questions and answer About Cryptocurrency

Top 25 Questions and answer About Cryptocurrency
https://preview.redd.it/dju4oz1g16c51.jpg?width=2400&format=pjpg&auto=webp&s=fe57edcd81ffa31bff95fe3026055020f7720dce
Cryptocurrencies have now become a buzz word. Despite the resilience that it faced initially, cryptocurrencies have come a long way. There are a total of around 5000 cryptocurrencies circulating in the market. If you plan to make a career in this domain, you need to run through the following questions.
1. What is a cryptocurrency?
Cryptocurrency is a digital currency that is transacted on a distributed ledger platform or decentralized platform or Blockchain. Any third party does not govern it, and the transaction takes place between peer-to-peer.
2. When was the first Cryptocurrency introduced?
The first Cryptocurrency or Bitcoin was introduced in the year 2009.
3. Who created Cryptocurrency?
Satoshi Nakamoto gave the first Cryptocurrency. The white paper for the same was given in 2008 and a computer program in 2009.
4. What are the top three cryptocurrencies?
The following are the three cryptocurrencies:
• Bitcoin (BTC) $128bn.
• Ethereum (ETH) $19.4bn.
• XRP (XRP) $8.22bn.
5. Where can you store Cryptocurrency?
Cryptocurrencies are stored in a digital wallet, and this is accessible via public and private keys. A public key is the address of your wallet, and the private key is the one that helps you in executing the transaction.
6. Which is the safest wallet for Cryptocurrency?
The most secured wallet for Cryptocurrency is a hardware wallet. It is not connected to the internet, and thus it is free from a hacking attack. It is also known as a cold wallet.
7. From where I can purchase cryptocurrencies?
The easiest way to buy Cryptocurrency is via crypto exchange. You can several crypto exchanges like Coinbase, Bitbuy, CHANGENow, Kraken etc.
8. What are the ten popular crypto exchanges?
The following are the best ten popular crypto exchange:
  1. Coinbase
  2. Binance
  3. FTX
  4. Cex.io
  5. Local Bitcoins
  6. Bitfinex
  7. LocalBitcoins
  8. Bittrex
  9. Coinmama
  10. Kraken
9. What are the key features of Blockchain?
We all know that Bitcoin or any other cryptocurrency runs on the Blockchain platform, which gives it some additional features like decentralization, transparency, faster speed, immutability and anonymity.
10. What is AltCoin?
It means Alternative Coin. All the cryptocurrencies other than Bitcoin are alternative coins. Similar to Bitcoin, AltCoins are not regulated by any bank. The market governs them.
11. Are cryptocurrency sites regulated?
Most cryptocurrency websites are not regulated.
12. How are Cryptocurrency and Blockchain related?
Blockchain platform aids cryptocurrency transactions, which makes use of authentication and encryption techniques. Cryptography enables technology for Cryptocurrency, thus ensuring secure transactions.
13. What is a nonce?
The mining process works on the pattern of validating transactions by solving a mathematical puzzle called proof-of-work. The latter determine a number or nonce along with a cryptographic hash algorithm to produce a hash value lower than a predefined target. The nonce is a random value used to vary the value of hash so that the final hash value meets the hash conditions.
14. How is Cryptocurrency different from other forms of payment?
Cryptocurrency runs on Blockchain technology, which gives it an advantage of immutability, cryptography, and decentralization. All the payments are recorded on the DLT, which is accessible from any part of the world. Moreover, it keeps the identity of the user anonymous.
15. Which is the best Cryptocurrency?
Several cryptocurrencies have surged into the market, and you can choose any of these. The best way to choose the right cryptocurrencies is to look at its market value and assess its performance. Some of the prominent choices are Bitcoin, Ethereum, Litecoin, XRP etc.
16. What is the worst thing that can happen while using Cryptocurrency?
One of the worst things could be you losing your private keys. These are the passwords that secure your wallet, and once they are lost, you cannot recover them.
17. What is the private key and public key?
Keys secure your cryptocurrency wallet; these are public key and private key. The public key is known to all, like your bank account number, on the hand, the private key is the password which protects your wallet and is only known to you.
18. How much should one invest in Cryptocurrency?
Well, investing in Cryptocurrency is a matter of choice. You can study how the market is performing, and based on the best performing cryptocurrency, you can choose to invest. If you are new to this, then it’s advisable that you must start small.
19. From where can one buy Bitcoin using Fiat currency?
Two of the popular choices that you have are Coinbase and Binance, where you can purchase Cryptocurrency using fiat currency.
20. Are the coins safe on exchanges?
All the exchanges have a high level of security. Besides, these are regularly updated to meet the security requirements, but it’s not advisable to leave your coins on them since they are prone to attack. Instead, you can choose a hard wallet to store your cryptocurrencies, which are considered the safest.
21. What determines the price of cryptocurrencies?
The price of cryptocurrencies is determined by the demand and supply in the market. Besides, how the market is performing also determines the price of cryptocurrencies.
22. What are some of the prominent cryptocurrencies terminologies?
There are jargons which are continuously used by people using cryptocurrencies are:
DYOR: Do Your Own Research
Dapps: Decentralized Applications
Spike: Shapr increase in the price of the Cryptocurrency
Pump: Manipulated increase in the price of a cryptocurrency
Dump: Shapr decline in the price of Cryptocurrency
23. How can I check the value of cryptocurrencies?
Various platforms will give you an update on the price of cryptocurrencies. You can keep a tab on them and check the pricing of cryptocurrencies.
24. What are the advantages of using digital currencies?
There are various advantages like you are saved from double-spending, the transactions are aster and secure. Moreover, digital currencies now have global acceptance.
25. What is the difference between cryptocurrencies and fiat currencies?
Cryptocurrencies are digital currencies which run on the Blockchain platform and are not governed by any government agencies, while the fiat currencies are the ones which are governed by authorities and government.
Conclusion- This was all the FAQs pertaining to cryptocurrency, for more such information keep coming back to Blockchain Council.
submitted by Blockchain_org to BlockchainStartups [link] [comments]

Scam Alert - Godfinex and PETC is a SCAM!

Hello everyone, I just want to raise an awareness of something that has recently happened to a friend of mine. He was introduced to Godfinex trading platform to trade an a new cryptocurrency called PETC. He, unfortunately was introduced to this through a "friend"
It begins with innocent discussion on investments but later the "friend" started showing the amount of money that this PETC has made for him/her and started asking if he would like to invest as well. The way to invest in this was to purchase bitcoin through coinbase / binance / coinmama etc and then deposit it into the wallet given on the website. You then use that BTC to exchange for PETC.
The price of PETC started soaring which causes my friend to put in even more money. Unfortunately he put in almost all of his savings into the investment. Lo and behold, when he is asking to get the money out, there is no way of taking them back out due to the coin being in a "subscription period"
Just like that he is going to lose all his savings and looks like he is not the only person that has been scammed. This article found online is with the website Onefinex which I am pretty sure is operated by the same person.
https://www.reddit.com/CryptoCurrency/comments/gok1ud/scam_warning_onefinex_and_bdv_coin_scam_via_tinde
Please be aware and do not put any money into websites that you are not familiar with. The so called "executives" on this website is also the same name present on these websites:
http://rexbd.net/html/xerohyip/demo/about.html
https://e-capitaloption.com/about-us
Hopefully this will raise some awareness and prevent more people from falling prey to this scam!
submitted by NineEight98Mandarin to u/NineEight98Mandarin [link] [comments]

Scam Alert - GODFINEX and PETC ICO coins

Hello , I just want to raise an awareness of something that has recently happened to a friend of mine. He was introduced to Godfinex trading platform to trade an a new cryptocurrency called PETC. He, unfortunately was introduced to this through a "friend"
It begins with innocent discussion on investments but later the "friend" started showing the amount of money that this PETC has made for him/her and started asking if he would like to invest as well. The way to invest in this was to purchase bitcoin through coinbase / binance / coinmama etc and then deposit it into the wallet given on the website. You then use that BTC to exchange for PETC.
The price of PETC started soaring which causes my friend to put in even more money. Unfortunately he put in almost all of his savings into the investment. Lo and behold, when he is asking to get the money out, there is no way of taking them back out due to the coin being in a "subscription period"
Just like that he is going to lose all his savings and looks like he is not the only person that has been scammed. This article found online is with the website Onefinex which I am pretty sure is operated by the same person.
https://www.reddit.com/CryptoCurrency/comments/gok1ud/scam_warning_onefinex_and_bdv_coin_scam_via_tinde
Please be aware and do not put any money into websites that you are not familiar with. The so called "executives" on this website is also the same name present on these websites:
http://rexbd.net/html/xerohyip/demo/about.html
https://e-capitaloption.com/about-us
Hopefully this will raise some awareness and prevent more people from falling prey to this scam!
submitted by NineEight98Mandarin to scambounty [link] [comments]

Which Place Is Safe To Buy Bitcoins

Which Place Is Safe To Buy Bitcoins
Bitcoins
Bitcoins (BTC) the most valuable and talked about cryptocurrency is a digital floating exchange that is most used actively on trades of exchanges.


https://preview.redd.it/mtmqalo4fzm41.png?width=1200&format=png&auto=webp&s=bae8e53adb94963b83e9b8137ae6504e576f50a2
Launched in 2009, it is considered to be a digital firm which has grown wildly over the past years, used mostly for online purchases and an investment There are numerous trading platforms and online exchanges that let you trade bitcoin and other cryptocurrencies.
But the main thing you have to beware of is trading costs, platform security, and reputation/trust of the bitcoins suppliers.
Which place is safe to buy this Bitcoins?
Bitcoins, not sponsored by any government. Instead of, you can buy bitcoins from bitcoins mining community or else you can also buy them with dollars or nearly any other currency.
As noted, there are few places where you can safely buy this bitcoins
CoinBase
Coinbase is the largest and most reputed Bitcoin platform functioning in the United States. It is one of the easiest places to start with Bitcoin which offers both an exchange and wallet in one choice. It supports Bitcoin Cash, Ethereum and Litecoin.
Once you sign up and connect your bank account, you can easily transfer funds in and out of your account and convert them to Bitcoin and back to dollars at will. You can access it through both the Web app or mobile app. It utilizes two-factor authentication and keeps redundant digital and paper backups of data “in safe deposit boxes and vaults around the world.
Coinmama
Coinmama has more than one million customers in 188 countries and it functions as a all-in-one exchange and digital wallet that makes it easy to buy Bitcoin and a limited list of additional currencies in the U.S. Dollars or Euros. It has no mobile app, but the website is very high quality \
Robinhood
Robinhood initially started as a fee-free stock brokerage and recently expanded into the world of digital currencies. From February 2018, you can buy and sell Bitcoin and other digital currencies completely fee-free on this platform. It supports Bitcoin and Ethereum trades and market data for another 15 currencies. Started its operation in mobile first and recently it added a Web version, so it is best for people comfortable managing money from their phone or tablet.
Binance
Binance supports a wide range of digital currencies including Bitcoin, Ethereum and its own Binance Coin (BNB). It offers a wide option to trade coins into multiple currencies and supports digital currencies, including EOS, Skycoin, TRON, ICON, Ethereum Classic, Litecoin, Ripple, Stellar Lumens, Bitcoin Cash, plus a bunch of cryptocurrencies. But noted, there are also some bugs reported with this Android mobile app and some users have reported delays withdrawing certain currencies
CoinExchange
CoinExchange is another low-cost exchange platform as it offers a huge number of coins on its platform, perhaps the biggest lists of coins supported by any platform on this list. On this platform the website looks simple, it comes to the point of security, it is robust and has long-term support for currencies on this platform.
Coinbase Pro
Coinbase Pro (formerly known as GDAX) looks familiar to those who use Bloomberg terminals or active stock, commodity and option trading platforms. Because GDAX is now part of Coinbase, funds are safe and insured, and the majority of coins are stored in physical form offline to prevent theft.
Square Cash
Square cash is another mobile app, here you can buy and sell Bitcoin with no fees. Buying and selling free puts this Cash app near the top of the places to buy Bitcoin list. Unlike some digital wallets, you don’t hold your Bitcoin outside of Square, it is held in your Square Cash account on your behalf to sell or withdraw. But if you do want to send your coins to another wallet, Square does offer that feature.
Local Bitcoins
LocalBitcoins was founded in june 2012 and has set its marketplace from Helsinki, Finland. The site uses an escrow system, and the transfer of bitcoin is made after funds are received in the sellers account. The site is suggested for casual traders seeking more privacy.
Paxful Bitcoins
Paxful is very popular in the cryptocurrency space. In this platform, you can start immediately with a digital wallet and also you are allowed to buy or sell hassle-free bitcoins. It has both the functions of a website and the mobile apps.
Which Is The Correct Time To Buy Bitcoins?
To Find out the right time to purchase bitcoins, make use of tools like Bitcoin Wisdom or Cryptowatch.
It has a metrics chart which analyse with the other Bitcoin trading sites. These charts will help you understand Bitcoin’s price history across the many global Bitcoin exchanges.
#bestplacetobuybitcoin #bitcoinaccount #bitcoinlogin #bitcoinwallet #Bitcoins #Buybitcoin #cryptocurrency #digitalcurrency #paperlesscurrency #paperlessmoney #ethereum #ethereumwallet
submitted by stealthaccshop to u/stealthaccshop [link] [comments]

Atomic Wallet Coin is SHOCKINGLY Undervalued ~750k Market Cap


Hey, /cryptomoonshots! Its my first post here (woo!)

I’ve been lucky enough to have found QNT and LTO from this subreddit. I’ve found a third project that looks extremely interesting and I’d like to share my research here. My background is in digital marketing and this project stood out to me, especially from a marketing and biz dev perspective, which I’ll share below.

Feel free to correct the record if I’ve posted anything incorrect and I will update it (I’m a human being, I make mistakes, okay!) Additionally, the CEO is constantly answering questions on Telegram!

The project is Atomic Wallet Coin. $AWC



TL;DR IS AT THE BOTTOM. ALWAYS DYOR. NOT FINANCIAL ADVICE.

WHAT IS ATOMIC WALLET?

Atomic Wallet is a non custodial crypto wallet for desktop and mobile. Users can exchange and buy 300+ cryptocurrencies from a single interface. The wallet can perform cross-chain atomic swaps.

It’s an exchange built into a wallet.

Shapeshift and Changelly are partnered with Atomic to add additional currency swap pairs + fair rates. Fiat/crypto gateway is supported directly through the app.

Atomic has over 40,000 monthly active users and boasts 150k+ downloads.

The project is one of the first to migrate over to Binance chain. They are currently in the process of getting listed on Binance DEX. Half of their supply will remain ERC-20 and the other half migrated to BEP-2.
https://twitter.com/cz_binance/status/1119047237076541440
https://twitter.com/atomicwallet/status/1119242545706434560
https://github.com/Atomicwallet
http://atomicwallet.io

20 FULL TIME EMPLOYEES AND CEO WITH PREVIOUS TRACK RECORD

Konstantin Gladych self funded Atomic Wallet with his own funds. He previously was the CEO and co-founder of Changelly, a fully compliant crypto exchange service which has been around since 2013 and has serviced over 2 million users across the world.

“Changelly's trading algorithms are integrated into large and reputable trading platforms, such as Binance, Bittrex, Poloniex and HitBTC” - Wikipedia

Konstantin holds a PhD in data science/machine learning and left his CEO position at Changelly to develop Atomic Wallet full time.

The team currently consists of 20 full-time employees - 6 developers, 7 support and community managers, 6 marketing and business development, and 1 designer.

https://linkedin.com/in/gladkos
https://en.wikipedia.org/wiki/Changelly
https://www.crunchbase.com/person/konstantin-gladych
https://community.binance.org/t/proposal-for-listing-atomic-wallet-token-awc-on-binance-dex/2093

APPROVED WALLET BY NEO FOUNDATION, ZCASH, GEMINI, LISK, AND OTHERS

Atomic Wallet is trusted by many household names in crypto. This does NOT mean Atomic is “partnered” with these companies, however it adds massive credibility to AWC considering they trust it enough to add it as a recommended wallet on their websites.

Take a look for yourself:

https://neo.org/client
https://z.cash/upgrade/sapling/
https://gemini.com/dolla
https://twitter.com/LiskHQ/status/1121357080173133824

95,000+ UNIQUE VISITORS PER MONTH TO ATOMICWALLET.IO


traffic statistics for atomicwallet.io [pic]

Atomic Wallet has an A+ marketing team.

Here’s a quick snapshot of how well atomicwallet.io is performing (see above). They’ve gone from 0 to 95k unique visitors per month in well under one year. Purely from Google search traffic. This doesn’t include traffic from Twitter, Facebook, and other sources. It also was during the worst bear market in crypto history, when these search terms would be at a low.

Let’s see how Atomic Wallet measures up against some well-known sites:

myetherwallet.com 802k/mo
Ripple.com 580k/mo
Ledger.com 401k/mo
Exodus.io 172k/mo
Coinmama.com 165k/mo
Shapeshift.io 149k/mo
Electrum.org 125k/mo
Atomicwallet.io 95k/mo
Freewallet.org 70.9k/mo
Trustwallet.com (Binance owned) 24k/mo

Atomic Wallet has virtually caught up to or exceeded many of it’s competitors in terms of traffic in well under a year. Turning this traffic into downloads/new users is child’s play. It’s one of the reasons this company with 20+ employees is already profitable in just a few short months.

So, how is this site getting so many visitors?

Here are a few search terms that Atomicwallet.io ranks on page 1 for on Google.

Open up a new tab, visit Google.com and see for yourself!

“EOS wallet”
“ETH wallet”
“BNB wallet”
“Buy Bitcoin”
“Ethereum wallet”
“XRP wallet”
“Ripple wallet”
“DASH wallet”

+27,100+ additional search terms that bring in a total of 94,700 visitors per month. Purely. from. Google. Search.

traffic statistics for atomicwallet.io [pic]

$AWC TOKENOMICS

Atomic’s website does a thorough job of explaining the tokenomic details of the $AWC coin. The tokenomics mirror the standard use-cases you would expect from an exchange token (Bibox, KCS, etc.) The CEO recently expressed his interest in adding staking rewards for AWC holders. He is also exploring the idea of having IEO-type listings for Atomic Wallet users/holders in the future. New projects could theoretically debut directly on their platform and be traded against $AWC, similar to how Bitmax runs IEOs.

Currently, 90% of the circulating supply is locked up and Konstantin has announced his intention to buy back and burn tokens with company profits.

Here are a few of the use cases for $AWC:

The team is looking to make $AWC directly tradeable from the app in the future.

With thousands of new Atomic Wallet users per month, this is an incredibly exciting feature.

https://atomicwallet.io/token

FINAL THOUGHTS

Atomic Wallet will grow to an active user base in the millions. Every crypto holder needs a wallet. Atomic provides a user-friendly wallet for newbies getting their feet wet in crypto. Most newbs aren’t going out and buying a LedgeTrezor right away. Building an exchange directly into the wallet provides a safe and easy way to trade crypto assets.

The number of cryptocurrency users and addresses are growing exponentially. Atomic wallet was created during the bear market. They are perfectly positioned to take a massive share of the increasingly competitive crypto wallet market during a bull market/alt coin season.

In my opinion, they’re on track to be the #1 desktop/mobile multi-crypto wallet.

As someone who is experienced in search engine/digital marketing, these guys have an ace marketing team. Even beating or ranking just below Coinbase for many competitive Google search terms in just a few short months.

I have zero doubts that they will blow past every single one of their roadmap goals, especially as Bitcoin continues to climb in value and more people start buying crypto.

Despite short term fluctuations in price, Atomic will continue to onboard thousands of new users every single month. The traffic numbers don’t lie. The Google search rankings don’t lie. Atomic will need to be wise about how they monetize this traffic.

The company is already profitable. The CEO is well connected and has proved he is highly competent in creating and successfully running a crypto exchange.

I have a lot more info to share about this project if there is interest, I’ll post a part 2 or a follow-up in the comments.

A profitable company of this caliber with 20 full-time employees isn’t justified at a ~$750k market cap.

https://atomicwallet.io/roadmap-for-2019
https://medium.com/@mccannatron/12-graphs-that-show-just-how-early-the-cryptocurrency-market-is-653a4b8b2720

ADDITIONAL LINKS AND FURTHER READING

  1. https://atomicwallet.io/
  2. https://twitter.com/atomicwallet
  3. https://t.me/atomicwalletchat
  4. https://github.com/Atomicwallet
  5. https://www.coinbureau.com/review/atomic-wallet/
  6. https://community.binance.org/t/proposal-for-listing-atomic-wallet-token-awc-on-binance-dex/2093

TL;DR


Currently at 750k market cap

2.7MM market cap is a 3.6x from here.
5M market cap is a 6.6x from here.
8MM market cap is a 10.6x from here.

DYOR.

submitted by key_mnk_ to CryptoMoonShots [link] [comments]

Best Cryptocurrency Exchanges for Beginners

Best Cryptocurrency Exchanges for Beginners
Best Cryptocurrency Exchanges for Beginners
Before we get into exchanges, let’s refresh our minds about what cryptocurrency is. The concept behind cryptocurrencies is relatively simple, while the math and technology are not. Essentially, a cryptocurrency is a virtual or digital currency that utilizes cryptography as a means for protection and security.
Cryptography is also used to regulate the creation of additional units, so as to not drive the overall digital currency market wild. One of the greatest appeals of cryptocurrencies is that they are not regulated by any government agencies. The most popular digital asset is the bitcoin, followed by ethereum.

What Are Cryptocurrency Exchanges?

Cryptocurrencies can be traded through cryptocurrency exchanges. These cryptocurrency exchanges are platforms through which you can purchase or sell digital currencies for dollars, euros, and pounds, as well as other digital assets. For example, you can sell bitcoins and purchase dollars with the sold bitcoins, or you could exchange bitcoins for ether. These exchanges are a vital part of the virtual currency expansion rate.
There are private exchanges, which are exclusive and operate by invite only, as well as those available for the public. Local exchanges also exist. Some are easier to use than others are; certain exchanges are so flexible that digital assets can be traded directly through the built-in chat features of specific popular messengers, like Telegram.

What to Consider When Picking the Best Cryptocurrency Exchanges

Here are a few things you will want to consider before picking the best cryptocurrency exchange suited for your trading and speculative needs.
Fees – Almost all exchanges charge fees for you to do business on their platforms. Make sure that when you are signing up or committing yourself to a specific exchange that you know everything about its fees.
Verification Requirements and Security – These are vital to understand before starting out on an exchange. Most exchanges require some sort of identity verification in the form of a passport, driver’s license, proof of residence, or other similar document before joining. The more complex the verification process, the safer the exchange platform.
Exchange Rates – Exchange rates are also important, as you don’t want to join a cryptocurrency exchange that charges draconian fees for transactions and exchanges. That just wouldn’t be fair to you or financially savvy.
Reputation – The best cryptocurrency exchanges always have ups and downs. However, the general opinion of the top ones is positive. The best exchanges have a solid reputation and are well trusted by traders.
Region – It’s also important to find an exchange that supports your geographic region. Some exchanges may support all of the countries in South America, while not supporting any of the countries in Asia, and vice versa. If you are living in Russia, for example, make sure you pick the best exchange platform that supports your region.
Now, let’s take a look at some of the best cryptocurrency exchanges out there.

Security

Something which is important to bare in mind when choosing a cryptocurrency exchange to make your trades and purchases on is their security measures. It is well-known that many exchanges have been hacked in the past, most notably the Mt Gox exchange, which people are still feeling the fall-out from ever since.
You should know that the your funds or coins on an exchange or not really yours, unless you own the private keys to the wallet of your coins you are relying on someone else to be custodian of your funds.
Luckily there are some basic measures you can take when using an exchange. The most important is to never store more there than you are willing to lose, if you have a significant balance, you should withdraw it back to your own wallet and for extra security, use a Hardware wallet to secure these funds.
Exchanges should be used for quick purchases of your desired cryptocurrency or for trading an amount you are happy with. They should never be used as your primary wallet, that is not their intended function.
Another important step to take is to use all the security options available on the site, make sure that two-factor authentication (2FA) is setup correctly and you use an app like Authy or Google authenticator. Do not use the mobile phone option which texts you a code, this is not safe as their have been a number of high-profile hacks involving sim-swaps which allow a would-be hacker to take over your phone number and then gain access to your account.

Coinbase

Coinbase is one of the, if not the, most trusted cryptocurrency exchange platforms in the world. It is also the largest digital asset exchange platform in the world. The platform supports more than 32 countries and has more than 4 million active users. Traders are allowed to acquire and sell bitcoins using their bank account, credit card, PayPal, and other payment methods, as well. In order to begin trading on Coinbase, you will have to set up an e-wallet for buying and selling cryptocurrencies. Furthermore, users have to be able to link a valid bank account in order to purchase bitcoins.

https://preview.redd.it/dauw912k1ze31.jpg?width=808&format=pjpg&auto=webp&s=25f1df9624cea90cc1359160ac7fd8b133eba1e7
Currently, fully verified U.S. residents are only allowed to hold up to 50,000 bitcoins per day. Overall, Coinbase has a great reputation and is highly respected in the trader community. Most transactions through Coinbase only have a 1 percent transaction fee in addition to any fees that your selected payment method may carry.
As with CEX, you can only purchase a few currencies: Bitcoin, Ethereum and Litecoin. You would then need to use Changelly to convert these to other crypto currencies.
Another benefit of registering with Coinbase is the fact you are then able to use the Coinbase Pro exchange which is owed by the same company. Coinbase Pro allows to more advanced trading features such as margin trading and Market, Limit, & Stop Orders. Coinbase Pro also has lower fees than Coinbase.
Read our full Coinbase Review here to learn more. We have also conducted a thourough look at Coinbase’s security measures here.
Visit Coinbase

Binance

Binance is a newer exchange but one we have grown to love, it has a wide range of cryptocurrencies available to purchase and trade and has a basic and advanced view which you can switch between easily. Their fees are very reasonable and they allow you to register and trade immediately without having to verify your account. You will then be able to make withdrawals of up to 2 BTC per day, if you want to withdraw higher amounts you will then need to upload your photo ID and a “selfie” photo.

https://preview.redd.it/01yawgfl1ze31.jpg?width=808&format=pjpg&auto=webp&s=28c23efac9899a48ce174693ed30a6dba08d94db
The public opinion of Binance at this time is very high with people praising the speed of the site, ease of use and cheap fees.
For more details you can read our complete review of Binance here.
Visit Binance

KuCoin

KuCoin is a new but very exciting exchange based in South Korea. They operate similarly to Binance in the fact that they list new altcoins much quicker than other exchanges so it’s a good place to purchase cryptocurrencies shortly after their ICO meaning there is a greater opportunity to profit by getting in early.
The interface is very clean and modern and much easier to operate than other older and more clunky exchanges.
They also offer their own token KCS which allows all holders to receive a daily share of profits of the platform, this is a great token to hold as you are paid in the many different currencies that the site allows people to trade in.

https://preview.redd.it/qav0qx9m1ze31.jpg?width=808&format=pjpg&auto=webp&s=2635f1242f7474a56f21fe123c0ad1c7718a8ee8
Visit Kucoin

LocalBitcoins

LocalBitcoins is a peer-to-peer cryptocurrency exchange used in most big cities around the world. The general principle behind this exchange is that you can find people who live in your area or city and meet with them in person to conduct an exchange. The platform also offers options for purchasing digital currencies via PayPal, Square, direct-to-bank transfers, and many other payment-processing methods. The platform charges a small fee of 1 percent per transaction in cases where sellers apply their own exchange rate.

https://preview.redd.it/p3igqf3n1ze31.jpg?width=808&format=pjpg&auto=webp&s=2eae56e0e8dbe452e1d327f24ecc96642de2bc70
Similar to the way Uber passengers and drivers are rated, LocalBitcoins applies a rating to each trader that uses the platform, and this rating is publicly displayed. Trades first have to undergo an escrow process to ensure that nobody will be scammed by using the platform. Once everything is verified, the funds and cryptocurrencies transfer between traders. LocalBitcoins takes a commission of 1 percent from sellers. W
Take a look at our LocalBitcoins Review to find out more.
Visit LocalBitcoins

CoinMama

CoinMama is a large bitcoin brokerage that allows users to acquire coins with their debit or credit cards. The platform issues small fees for transactions. To make up for this, however, the limits for how many bitcoins a user can buy are much higher in comparison to Coinbase. Users can acquire up to $5,000 of coins per day or up to $20,000 per month. All users need to do to use CoinMama is to set up an account, log in, and navigate to the profile page section to fill in personal information.

https://preview.redd.it/rafwelwn1ze31.jpg?width=808&format=pjpg&auto=webp&s=e1ee6986f8f04ebfb40f0110fabab246203c2c66
Following this, users will be introduced to a page that allows them to select how many bitcoins they would like to purchase, and once a fitting amount has been selected, users will be allowed to add their preferred payment methods and bitcoin addresses. Users will also be required to verify their phone number and email address. CoinMama does not require most users to upload their government-issued ID. After completing the aforementioned steps and passing the verification process, users will be able to acquire bitcoins through CoinMama.
Read our complete CoinMama Review here.
Visit CoinMama

CEX.IO

CEX.IO is one of the oldest cryptocurrency exchanges in the world. However, despite being referred to as a cryptocurrency exchange, CEX.IO can only be used with bitcoins and ethereum which are the main two trading pairs for alt-coins. If you want to purchase other currencies, you can use CEX and then a service named Changelly to convert them to many other cryptos.
The platform is registered with the FINCEN and applies KYC and AML principles. In other words, users have to completely verify their identity before they can get involved in any trades with this platform. Currently, the platform supports purchases with credit cards, wire transfers, or SEPA transfers for European residents.

https://preview.redd.it/dvrr5yto1ze31.jpg?width=808&format=pjpg&auto=webp&s=46fa36889957b7742bf1eb1f682c6c8c31c1f164
Once you enter a trade, the platform automatically calculates the price of the transaction and freezes the exchange rate for 120 seconds, which is quite convenient. However, many users note that there are occasional hidden fees. CEX.IO has a flat fee of 7 percent for anything involving fiat currencies. For example, if you acquire $100 in bitcoins, you will only receive $93 in coins.
Read our indepth CEX Review here to learn more.
Visit CEX

Bittrex

Bittrex is well established and highly regarded crypto trading platform, with many coins and tokens to choose from. The interface is not for complete beginner’s but you should be able to find your way around after a little while.

https://preview.redd.it/xa00ycmp1ze31.jpg?width=808&format=pjpg&auto=webp&s=e42aedf2b51ff01005847ec0867c69ba94e8a7dd
Read our full review of Bittrex here.
Unsurprisingly, Bittrex’s most popular trading pairs are BTC and ETH. It must be noted that the exchange currently does not offer any kind of fiat-to-crypto pairs, e.g. with U.S. dollars, euros, or British pounds). One thing investors can do is buy USDT (Tether tokens) via wired bank transfers in order to use USDT for crypto-to-crypto exchanges.
However, you’ll need to be fully verified and willing to slap down at least $10,000 USD for Bittrex to even consider the transfer. And we here at Blockonomi don’t remind this approach anyways; there’s been a lot of controversy surrounding Tether lately, and it’s best just to stay away for now until further developments actualize.
Visit Bittrex

Conclusion

Picking the ideal cryptocurrency exchange platform for your specific needs may be a difficult and time-consuming process. Remember to pay attention to the fees, reputation, security, verification processes, and geographical services an exchange platform has to offer. Remember that you are not limited to using only one cryptocurrency exchange. Hopefully, the information provided will assist you in deciding which exchange platform to use.
We have selected 6 Cryptocurrency exchanges here which are trustworthy and easy to use for beginners to get started building their investment portfolios.
Original article link: https://blockonomi.com/cryptocurrency-exchanges/
submitted by Tokenberry to NewbieZone [link] [comments]

Beginners guide to buying Bitcoin and other Cryptocurrencies

A super quick guide to getting started with bitcoin and other cryptocurrencies.
1) Coin Research
There are lots of coins you can buy, trade, or mine not just Bitcoin. You can see them and start research on coins using https://coinmarketcap.com/
2) Getting Money In
You first need to get your money on the exchanges. There are a few decent options for this.
3) Sign up and get verified
Pretty much any site you want to trade on or send money to is going to ask you to also get verified which means you'll need to send them a picture of government issued ID and utility bills in some cases. After you sign up for an exchange site you'll usually need to log in and go looking in the settings for how to get verified.
4) Exchange Security
When you signup for any site you'll also want setup 2-factor authentication with Google Auth. You can usually find instructions in the settings section of the site you just signed up for. IMPORTANT: Make sure to save your recovery keys because you can get locked out for good and lose your money if you don't.
5) First Coin Purchase
Once you have some money in play you typically purchase Bitcoin or Ethereum first. You can hold those and pray for profit or you can start trading them for other coins.
6) Second Coin Purchase
Do you want to buy more than just Bitcoin and Ethereum? Most other coins you want will be on a couple of different websites
7) Sample Workflow
Assuming you have your accounts setup, a general workflow would go something like this.
8) Wallets Intro
You don't want to leave your money or coins on exchanges since they are prone to hacking. So you'll want to research wallets.
9) More on Wallets
Wallets can be a pain and take some research but taking the time to keep your funds secure is vital.
Some quick wallet points
10) Crypto really does require constant research
11) Successful trading and investing
Coin prices fluctuate wildly because there is not a ton of volume. This makes it difficult if not impossible to predict price changes using any sort of technical analysis. Doing slightly longer-term investments will likely serve you better. To be successful you need to research good quality coins that are undervalued and then feel the buzz in the community and anticipate undervalued coins rising up. This requires constant research of coins and ICOs plus being on reddit/twitteyoutube multiple times a day.
12) More trading and investing tips
Get in early with undervalued coins. Don't follow the masses chasing the green when a coin is on the run going up. The majority of the time you'll end up buying at a high price just to watch the coin fall back almost as quickly as it went up. You'll often hear the term pump-and-dump to describe this. Avoid it. Look for quality investments that you can hold through the ups and downs.
That's sort of the quick starter guide
A good link for more detailed info https://mycrypto.guide/
If you're looking to get into ICOs https://apifini.com
submitted by emanualjade to BitcoinCA [link] [comments]

Cryptocurrency and Blockchain - Industry News (02.15.19 - 02.22.19)

Total Market Cap, as of 02.21.19 at 5:30pm (PST): $133,778,212,242 (+11.11% from last week)

Missed last week's update? Click here

STORY OF THE WEEK

•A developer in the community released Tippin.me, a Chrome and Firefox browser extension that enables Bitcoin (BTC) tipping on Twitter via the Lightning Network.

CRYPTOCURRENCY EXCHANGES

Binance launches the test-net of its allegedly decentralized exchange, Binance DEX. Users can now manage their own private keys and the associated wallet.
Binance de-lists 5 projects – CloakCoin (CLOAK), Modum (MOD), Salt (SALT), Substratum (SUB) and Wings (WINGS).
Huobi.com lists 3 projects – Stellar Lumens (XLM), Monero (XMR) and Steem (STEEM).
Coinmama, a Slovakian based exchange suffers a security breach which leaked 450,000 user email and passwords.
KuCoin releases version 2.0 of its platform. The update introduces new interfaces across the web and mobile applications, additional 2FA options and order types for users.

REGULATION

•The U.S. state of Wyoming passed 3 bills that involve digital assets. Digital assets owned by consumers are now categorized as intangible personal property. Banks can now issue digital custodial services and issue securities in tokenized forms, provided they comply with accounting, control and other standards.
•The U.S. Securities and Exchange Commission (SEC) settles unregistered securities charges against Gladius Network, whom have conducted an ICO near the end of 2017. There is no penalty as a result of self-reporting.
•$430,000 USD worth of cryptocurrencies seized by Belgian law enforcement will be auctioned off on Feb.28 at 12:00pm GMT by Wilsons Auctions – the largest auction company in the UK and Ireland.
•The Central Bank of Bahrain’s (CBB) is launching a regulatory sandbox for blockchain and crypto companies. This will allow firms to test solutions and expedite new companies entrance into the market.
•2 Bitcoin ETF’s registered by financial firms VanEck/SolidX and Bitwise await approval from the U.S Securities and Exchange Commission (SEC). This kicks off a 45 day countdown to an initial decision.

TECHNOLOGY

Samsung’s flagship phone, the Galaxy S10 will introduce “Samsung Knox”, a hardware security feature to store private keys for blockchain applications.
Facebook’s CEO Mark Zuckerberg considers utilizing a blockchain to allow users to login to other sites without going through an intermediary on its existing “sign-in with Facebook” feature, dubbed Facebook Connect.

INSTITUTIONALIZATION

Eurex, a derivatives exchange operated by German financial giant Deutsche Boerse is looking to launch futures contracts tied to digital assets such as Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP).
•Latin America’s largest investment bank Banco BTG Pactual SA is releasing its own blockchain-based security token dubbed “ReitBZ”. The token’s value is backed by real estate assets within Brazil.

PEOPLE

Ethereum loses Afri Schoedon, a core developer for the open-sourced project since 2015.
TrueDigital, a provider of institutional products for digital assets hires Thomas Kim – previously COO of Bridgewater Associates. Bridgewater is a U.S based asset management firm with currently $124.7 billion USD under management.
Digital Asset, a distributed ledger company for financial services loses head of business for Europe, Oliver Hugh-Jones. Key executives continue to depart from the firm.

TWITTER

@jack – “I hooked [tippin.me] up and already got tipped some satoshi’s.”
@alecziupsnys – “Taxi reform didn't come from taxis, but from Uber. Hotel reform didn't come from hotels, but from AirBnB. Finance reform didn't come from banks, but from Bitcoin.“
@cryptoshillnye – “We are either really early or really stupid. $crypto”
@jackdwagner – “If your boyfriend needs to be taken down a notch just start casually asking him how his bitcoin is doing.”
submitted by Edmund_N to CryptoMarkets [link] [comments]

Cryptocurrency and Blockchain - Industry News (02.15.19 - 02.22.19)

Total Market Cap, as of 02.21.19 at 5:30pm (PST): $133,778,212,242 (+11.11% from last week)
Missed last week's update? Click here

STORY OF THE WEEK

•A developer in the community released Tippin.me, a Chrome and Firefox browser extension that enables Bitcoin (BTC) tipping on Twitter via the Lightning Network.

CRYPTOCURRENCY EXCHANGES

Binance launches the test-net of its allegedly decentralized exchange, Binance DEX. Users can now manage their own private keys and the associated wallet.
Binance de-lists 5 projects – CloakCoin (CLOAK), Modum (MOD), Salt (SALT), Substratum (SUB) and Wings (WINGS).
Huobi.com lists 3 projects – Stellar Lumens (XLM), Monero (XMR) and Steem (STEEM).
Coinmama, a Slovakian based exchange suffers a security breach which leaked 450,000 user email and passwords.
KuCoin releases version 2.0 of its platform. The update introduces new interfaces across the web and mobile applications, additional 2FA options and order types for users.

REGULATION

•The U.S. state of Wyoming passed 3 bills that involve digital assets. Digital assets owned by consumers are now categorized as intangible personal property. Banks can now issue digital custodial services and issue securities in tokenized forms, provided they comply with accounting, control and other standards.
•The U.S. Securities and Exchange Commission (SEC) settles unregistered securities charges against Gladius Network, whom have conducted an ICO near the end of 2017. There is no penalty as a result of self-reporting.
•$430,000 USD worth of cryptocurrencies seized by Belgian law enforcement will be auctioned off on Feb.28 at 12:00pm GMT by Wilsons Auctions – the largest auction company in the UK and Ireland.
•The Central Bank of Bahrain’s (CBB) is launching a regulatory sandbox for blockchain and crypto companies. This will allow firms to test solutions and expedite new companies entrance into the market.
•2 Bitcoin ETF’s registered by financial firms VanEck/SolidX and Bitwise await approval from the U.S Securities and Exchange Commission (SEC). This kicks off a 45 day countdown to an initial decision.

TECHNOLOGY

Samsung’s flagship phone, the Galaxy S10 will introduce “Samsung Knox”, a hardware security feature to store private keys for blockchain applications.
Facebook’s CEO Mark Zuckerberg considers utilizing a blockchain to allow users to login to other sites without going through an intermediary on its existing “sign-in with Facebook” feature, dubbed Facebook Connect.

INSTITUTIONALIZATION

Eurex, a derivatives exchange operated by German financial giant Deutsche Boerse is looking to launch futures contracts tied to digital assets such as Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP).
•Latin America’s largest investment bank Banco BTG Pactual SA is releasing its own blockchain-based security token dubbed “ReitBZ”. The token’s value is backed by real estate assets within Brazil.

PEOPLE

Ethereum loses Afri Schoedon, a core developer for the open-sourced project since 2015.
TrueDigital, a provider of institutional products for digital assets hires Thomas Kim – previously COO of Bridgewater Associates. Bridgewater is a U.S based asset management firm with currently $124.7 billion USD under management.
Digital Asset, a distributed ledger company for financial services loses head of business for Europe, Oliver Hugh-Jones. Key executives continue to depart from the firm.

TWITTER

@jack – “I hooked [tippin.me] up and already got tipped some satoshi’s.”
@alecziupsnys – “Taxi reform didn't come from taxis, but from Uber. Hotel reform didn't come from hotels, but from AirBnB. Finance reform didn't come from banks, but from Bitcoin.“
@cryptoshillnye – “We are either really early or really stupid. $crypto”
@jackdwagner – “If your boyfriend needs to be taken down a notch just start casually asking him how his bitcoin is doing.”
submitted by Edmund_N to CryptoCurrency [link] [comments]

Evolution of Exchanges

Swap.Online delves into the background of centralized and decentralized cryptocurrency exchanges. As decentralization is our name for the game, we would primarily like to find out whether it was inevitable or not.

From Childhood to the Golden Age: DCEs and CEXs

The first centralized cryptocurrency exchanges had two main pre-historical roots of origin. Ideologically, they originated from the e-commerce exchange services of the early 2000s. Digital Currency Exchanges, or DCEs, were particularly popular in the U.S. and Australia. GoldAge Inc., E-Gold Inc., Liberty Reserve were frequently seen in the headlines mostly due to legal issues, as the U.S. SEC, as well as the Australian ASIC failed many times over to figure out whether the e-gold exchange was a form of banking, money laundering, non-licensed remittances or illegal entrepreneurship. These services exchanged fiat money on different digital currencies (1MDC, E-Gold, eCache etc.) and, in a way, fulfilled the demand of New World and EU citizens for anonymous transactions of digital and fiat money.
But, in fact, the first significant cryptocurrency exchange arose from a surprising source… The website of the online game “Magic: The Gathering Online”. This game’s name refers to a magical world, where the currency system is represented in the form of cards. Jed McCaleb, the programmer from San Francisco and future contributor for Ripple and Stellar, developed the Mt.Gox project with the purpose of trading these cards like traditional stocks. In January 2007, he purchased the domain name mtgox.com, but in 2008, he abandoned the project as a premature venture. One year later, he used this domain to advertise his own online game. In the year of 2010, he read about the concept of Bitcoin and decided to launch the Mt.Gox exchange and exchange rate service allowing to trade Bitcoin freely. The project was released on July 18, 2010.
Rapid commercial growth started when the product was sold to the French-Japanese developer Mark Karpeles in January 2011. It was the year 2011 when Mt.Gox demonstrated the main security challenges that traditional centralized exchanges will encounter all along their development path in the future. These included direct thefts from the platform’s wallets, attacks with multiple ‘ask’ orders, malefactor invasions resulting in price drops (one day, in the spring of 2011, 1 BTC was worth less than 0.01 USD) etc. By the way, the dramatic collapse of February 2014, with more than 750K BTC lost and the $65M civil suit in Tokyo court were still to come. During the years 2012–2013, every 3 of 4 Bitcoins in the world was sold via Mt.Gox, and it was a real success story.
The years 2011–2012 gave birth to the bulk of top centralized cryptocurrency exchanges. BTCC was founded in June 2011 as the first exchange for the Chinese market. At the same time, American developer Jesse Powell had spent a month visiting Mt.Gox offices to offer assistance in the aftermath of the first hack. He was unsatisfied with the level of business organization, and that was how Kraken was founded in July 2011. The infamous BTC-e platform for exchanging rubles for BTC was also launched in July 2011. In late 2011, the largest American exchange BitInstant was founded and started selling Bitcoin via WalMart and Walgreen. 2012 became the year of origin for Bitfinex, Coinbase (first Ethereum marketplace) and LocalBitcoins.

Pros and Cons of Centralized Exchanges

We are now six or seven years away of those days. Today, hundreds of centralized exchanges are offering the services of exchanging BTC, ERC-20 and another cryptos. We can even hardly classify them. Usually, specialists speak about three mainstream types of centralized exchanges.
Trading platforms. They connect buyers and sellers to each other, allowing them to publish trading orders and take some transactional fees (most commonly 0,3 per cent from the taker of the liquidity). For example, Cex.io, BitFinex, BitStamp belong to this group. Usually, these platforms are characterized by a complicated interface, which is not suitable for newbies.
Cryptocurrency brokers. If a trading platform is a local market where you buy goods from their producers, the broker is a small player on the market. They sell coins at definite prices while setting high fees, but allow acquiring cryptos in a simpler manner. Moreover, most of them support a broad range of payment tools. Coinbase, Coinmama, Coinhouse are among the most popular brokers.
Peer-to-peer-services. They simply allow their users to publish announcements about operations with cryptos. The buyer and the seller directly negotiate the prices. It is even possible to find one selling crypto for cash in your neighborhood. The most remarkable example here is LocalBitcoins.
As one can see, now the range of services offered is truly broad. By the way, there is a list of common complaints regarding centralized exchanges both from traders and crypto theoreticians.
Safety. Even a single point of centralization can lead to the massive theft of users’ funds and keys. More than a million BTCs have been stolen by the time of writing of this article.
Regulation. If the center (or even one of the centers) of a CEX is physically located in some country, the position of this country’s government on ICOs and crypto related issues becomes crucial for the future of the project. Legal restrictions in this sector are now imposed in the U.S., China, South Korea, India etc. When your exchange is centralized, the officials can arrest your cryptos for no reason. Moreover, the administration of the exchange can be involved in fraud with your private information and money.
Speed. We have conducted some particular research on the speed of popular CEXs (Binance, Huobi, Poloniex, see p. 11). The results are sad: you can wait dozens of minutes waiting for the pending of your transaction.
KYC/AML. There is nothing to talk about in this regard, we suppose. If you must send someone your photo, a scanned copy of your ID or even proof of income wanting nothing in return but to withdraw your own funds, it is not OK.

Decentralization: The Solution

Decentralization, as the initial meaning and internal essence of blockchain, smart-contracts and cryptocurrencies, was first italicized by Satoshi Nakamoto and even Nick Szabo in 1990–2000-s. The rise of CEXs resulted in an obvious contradiction, because blockchain-based currencies are being operated via centralized mechanisms just like Visa or MasterCard, but much slowly. Is it normal? Where is the next stage of evolution or, does it even exist in the first place?
The answer was the main point of arguments in the crypto community during the year of 2017. In February, Vitalik came out with the suggestion about the nature of blockchain’s decentralization: “Blockchains are politically decentralized (no one controls them) and architecturally decentralized (no infrastructural central point of failure), but they are logically centralized (there is one commonly agreed state and the system behaves like a single computer)”.
The only possible expression in the commercial implementation of ‘architectural decentralization’ is the decentralized exchange of cryptocurrencies.
And the most advanced technology in this case is that of the Atomic Swaps — the direct peer-to-peer instant cross-chain transaction.
CEXs were the natural and inevitable stage of development for cryptocurrency exchanges. By the way, the DEXs are coming: we found them (namely IDEX, EtherDelta and Waves DEX) on the list of the top-100 exchanges on Coinmarketcap.
So, the Swap.Online team is on the right track. Get ready for ERC-20 ⇔ BTC, ETH ⇔ BTC, USDT ⇔ BTC, EOS ⇔ BTC trading directly from your browser with neither middlemen nor a centralized infrastructure.
See you on the mainnet on August 27, 2018,
Swap.Online Team
submitted by noxonsu to SwapOnline [link] [comments]

What's are the Best Crypto Affiliate Programs?

Millions of people search the internet for the most profitable niches for affiliate marketing, but never seem to find anything worth promoting. Nowadays, many affiliate programs are extremely competitive and pay very low commissions. I’m going to share a special niche that is constantly growing and has the potential to make you big bucks in the future. Or maybe I should say bitcoins? Becoming a bitcoin affiliate is a great opportunity to make passive income, especially since this market is still in it’s infancy. The cryptocurrency market is becoming more popular and widely accepted. Below is a list of some most profitable and best crypto affiliate programs available.
 
Coinbase affiliate program – Coinbase is one of the most popular bitcoin exchanges on the market. Coinbase has an awesome affiliate program that lets you earn $10 in bitcoin for each successful referral. In order to qualify, your referral must purchase $100 or more in bitcoin within 180 days of signing up. Not bad huh? Well, that’s not all because your referral also gets $10 in bitcoin! This is a win-win situation for everyone.
 
Binance’s Affiliate Program gives you the opportunity to receive 50% of you referrals trading fees as commission, in real-time.
 
Coinmama Affiliate Program – Coinmama has one of the best bitcoin affiliate programs where you get paid in Bitcoins! Their affiliate program has no limitations and the more people you refer, the more Bitcoins you earn! Bitcoin Affiliate Commission: Affiliates earn 15% of Coinmama’s commission on ALL of your referral’s purchases including all their future purchases.
 
Localbitcoins Affiliate Program offers a 20% commission on your referral’s trades, which is paid directly to your Local Bitcoins wallet. For example, If you refer both a buyer and seller, you will get a 40% commission for both referrals.
 
Changelly’s Affiliate Program – Changelly is a cryptocurrency exchange service that offers a wide range of digital currencies you can buy or sell. Changelly’s affiliate marketing program gives you the opportunity to earn a generous 50% commission for each transaction that is made through your referral link for life.
 
Visit https://cryptosuperhero.com for more information on different ways to make money in the cryptocurrency market
submitted by cryptosuperhero to u/cryptosuperhero [link] [comments]

New Year's Resolution

Hello crypto community!
My New Year's resolution was to stop promising myself I'd get into cryptocurrency someday, and finally do it. I spent the weekend reading & researching online, and here's how I got started:
  1. Choose a crypto wallet. I chose Exodus because it can handle more than one type of cryptocurrency, & has easy backup and secure storage options. It only runs on PC which is fine for me because I decided for now I did not want a mobile wallet on my smartphone in the cloud.
  2. Purchase cryptocurrency. I created and verified an account with Coinmama. I purchased a small amount of Bitcoin to get started and to learn with, and once the purchase was verified, I transferred the Bitcoin I purchased to my new Exodus wallet & made a backup.
  3. Choose an exchange. After reading about different exchanges, I chose Binance. I created and verified an account, and when that was complete, I transferred some Bitcoin from my Exodus wallet to Binance.
  4. Invest in an altcoin. I read about the different altcoins, and how they have different purposes and project goals. I chose Request Network (REQ) as my first altcoin because I believe it could be the future of decentralized online commerce. I transferred a portion of my Bitcoin into REQ to get my first investment going.
I plan to expand my portfolio gradually as I become more knowledgeable about the various cryptocurrencies, trends, and investment strategies. Thanks for reading, and may your investments be low & your gains high!
TL;DR: I did my own research & made my own decisions instead of just asking strangers "how do I..." or "what should I buy".
submitted by A30N to CryptoCurrency [link] [comments]

Get your Crypto groove on! A Quick Start Guide for Blockchain and Cryptocurrency Newbies

Initial Fiat Conversion Create an Online Exchange account. Preferably an Exchange in your country or State that allows the transfer of Fiat into your account wallet and allows Exchange trading in at least the two major Cryptos – Bitcoin and Ethereum. If no local Exchanges are available, try Coinbase, Kracken, Bithstamp or Coinmama, but be prepared to wait as much as 4 -12 weeks for registration processing.
Access to multiple Cyrptocurrencies Create another Online Exchange account with one or more of the top Exchanges that offers most of the cryptocurrencies like Binance, Bittrex, Coinbase, Poloniex, Huobi and GDAX. Some of these examples do not offer initial Fiat Conversion but are known to list many of the hundreds of actively traded Cryptos.
Get and Stay Updated Develop a plan to increase your awareness as well as to increase your investing or trading ability. Begin by reading the first whitepaper for Blockchain. https://bitcoin.org/bitcoin.pdf. Stay current about the state of Blockchain Technology and new and existing Companies in this space as well as existing and upcoming Initial Coin Offerings, (ICO’s). Here is a list of sources to use;
Select your personal Wallet Begin with MyEtherWallet and/or Metamask which you create on your PC or Desktop. Create also a Mobile Wallet using Jaxx, Mycelium, Exodus or other option. Large and significant amounts of funds should be transferred to a Hardware Wallet like Trezor or Ledger
Dos and Don’ts
submitted by Rubblecom to u/Rubblecom [link] [comments]

Buy Ethereum,Wallets & IDex Quick Guide

Where to buy Ethereum or Bitcoin to Trade into Ethereum
Please use at your own risk and figure out for yourself which one you like the most
(Do your own Research on them before use).
 
Wallets you will need
Please use at your own risk and figure out for yourself which one you like the most I highly recommend a hardware wallet and use Metamask as a middle wallet.
MAKE SURE YOUR COMPUTER IS VERY SECURE AND THAT YOU HAVE A GOOD ANTIVIRUS.
 
Quick Idex Guide for stage 3
Use one of following Websites and put it on your Hardware or MetaMask and go to IDEX and deposit your Ethereum on IDEX and you're ready.
 
If you're running into any problems please comment below will try to give you best answer.
submitted by Kimek7 to PRPS [link] [comments]

How to store BNB (Binance) coins on Trust Wallet Acheter vos premiers Bitcoins sur CoinMama Binance - Bitcoin Einzahlen, andere Coins kaufen & auf das ... Binance Coin (BNB) Wallet How To Get Any Binance Coin Wallet Address To Send Funds ... Tutorial: Send and Receive Bitcoin (coins) on Ledger Nano ... How To Purchase Bitcoin Using Coinmama And Your Credit ... BITCOIN STORTEN OP BINANCE EXCHANGE  BNB COIN KOPEN - YouTube How to Withdraw Bitcoin from a Bitcoin Exchange to a ... How to transfer tokens from trust wallet to binance - YouTube

Purchase Bitcoin. Log in to the Coinmama account to the Coinmama account you created in Stage 1, enter the desired wallet address, fill out the form and buy Bitcoin instantly. Buy Bitcoin with Debit Card. If you don’t have a credit card, you can also buy Bitcoin with debit card. Coinmama currently accepts payments via Visa and Mastercard. Please note that American Express, Discover and ... Coinmama vs. Binance. Binance has recently partnered with Simplex to allow purchases of crypto with a credit card. The exchange rate of Binance is practically similar to Coinmama’s. Some would argue that Binance has an easier KYC process but I’ve actually experienced it the other way around. Wer über Coinmama Bitcoin kaufen will, der sollte sich im Vorfeld einmal mit den Coinmama Erfahrungen befassen. Im Internet findet man immer wieder Erfahrungsberichte von Tradern, die sodann berichten, ob es sich um einen empfehlenswerten Anbieter handelt, worauf geachtet werden sollte und ob es mitunter auch Schattenseiten gibt, die keinesfalls ignoriert werden dürfen. Binance vs Coinmama cryptocurrency exchange overall score comparison reveals that Binance has a higher overall score of 9.6, while Coinmama gathered an overall score of 9.4. If we look at the ease of use, it’s clear that in this Binance vs Coinmama comparison, Binance has better & smoother user experience than Coinmama. Coinmama sends the coins immediately after both your payment and wallet address have been confirmed. What is a Cryptocurrency Exchange? A cryptocurrency exchange is a service for changing digital currencies, such as Bitcoin, Ethereum, and more, to fiat (paper) currencies or for other digital currencies. Coinmama Bitcoin & Ethereum mit Kredit- / Debitkarte kaufen. Mit Coinmama schnell und einfach Bitcoin oder Ethereum kaufen: Coinmama erlaubt es, Bitcoins oder Ethereum mit einer Kredit- / Debitkarte zu kaufen. Hierfür muss man man sich mit seinem Persoanlausweis verifizieren. Nach der Bestätigung – die normalerweise einen Werktag dauert (in ... Wie funktioniert die Bitcoin Code App? Für alle Finanzmärkte gelten komplexe mathematische Strukturen. Für die Anleger bedeutet das, dass es unmöglich ist, sämtliche möglichen Wahrscheinlichkeitsrechnung in ihre Handelsentscheidungen einfließen zu lassen.Sie müssen sich also diverse Statistiken und Charts zu Hilfe nehmen, welche ihnen beispielsweise der eigene Broker zur Verfügung stellt. Coinmama built its reputation as one of the fastest and easiest ways to buy Bitcoin or Ethereum with a Credit or Debit card. In recent years, the exchange expanded its offering to add Litecoin, Cardano, QTUM, Ethereum Classic, Bitcoin Cash and Ripple’s XRP. Customer Support. The customer service on Binance is also top-notch if you compare it with its peer exchanges. Worth noting, Binance ... Bitcoin Wallet oder 'Schildbach Wallet' war die erste mobile Bitcoin-Wallet. Bitcoin Wallet ist sicherer als die meisten anderen Bitcoin-Wallets, weil sie einen direkt mit dem Bitcoin-Netzwerk verbindet. Bitcoin Wallet hat ein simples Interface und genau die richtige Menge an Funktionen, die sie zu einer großartigen Wallet und einem großartigen Lernhilfsmittel für Bitcoin-Anfänger macht. Das Coinmama Wallet. Coinmama bietet keinen Wallet-Service und sendet Kryptowährungen ausschließlich an jede beliebige Wallet. Du musst somit ein Software- oder Hardware Wallet einrichten, um die Kryptowährungen empfangen zu können. Alternativ kannst du die Coins aber auch einfach an eine andere Kryptowährungsbörse mit Wallet, z. B. Litebit, Coinmerce oder Binance senden. Wir empfehlen ...

[index] [3882] [15831] [22234] [16848] [23901] [5160] [19264] [14775] [18475] [20925]

How to store BNB (Binance) coins on Trust Wallet

Kostenlos bei Binance registrieren http://bit.ly/Binance-Start In diesem Video zeige ich Schritt für Schritt wie ihr auf euer Bitcoin Wallet bei Binance ei... Dans cette vidéo je vous explique le processus d'achat de Bitcoins sur CoinMama, une plateforme bien connue pour l'achat de monnaies virtuelles (Bitcoin, Eth... If you found this video useful, I'd appreciate it if you'd go through my link to access coinmamma http://bodymindsuccess.com/coinmama Binance coin kopen of verkopen? Uitleg, review en ervaringen over de Binance-exchange, de crypto-exchange met de meeste Altcoins. ⇩ Gratis Bitcoin Cryptocurr... If you want to use bitcoin for buying things online, you should use a bitcoin wallet that broadcasts transactions immediately. Most accounts and exchange ser... In this quick tutorial I show you how to send and receive Cryptocurrencies on Ledger Nano S Easily. I show you step by step how to receive ethereum on your l... Part 1 of video tutorial on how to transfer Tokens to Coins Ph: https://www.youtube.com/watch?v=kwhtV3-h5ds Trust Wallet: https://share.trustwallet.com/sFOSu... Atomic is a universal cryptocurrency wallet. Manage your BNB, BTC, ETH, and 300+ coins and tokens. Instant exchange and buy crypto. https://AtomicWallet.io Let's create a non-custodial Binance ... Brief intro on how to get any coin wallet address to deposit funds to. In this example I'm using Binance Exchange and wallet address ETH- Ethereum In order t... Million Money / trust Wallet / A to Z I'd activation process live / a smart contract earning system - Duration: 9 ... Trust Wallet & Binance - The Future of Storage - Duration: 16:26. Nugget's ...

#