Definitive Guide to Trading CFDs on CEX.IO Broker - CEX.IO

Cex.io margin order automatically closed

Margin trading on cex.io seems to have ridiculous mechanism. I have opened an margin short order yesterday at 2620USD betting that price will fall. Order amount was roughly 4btc, which means a have borrowed another 8btc. The price rose last night and after 4 hours my order was automatically closed i am guessing because of 'rollover fee' as they call it. Result: i have lost 0.5btc. If they wouldn not have closed my order i would not lose 0.5 btc since price continued to fall afterwards.
In comparison with poloniex such thing wouldn't happen since lending fee is deducted from margin order. It seems that cex is expecting that you leave some amount on balance appart from margin order.
So be cautios when margin trading on cex.io since you may not know what they will do with your funds.
Support article says following: My position has been closed without my actions, why?
There are several reasons that could trigger this: -Stop-loss price has been reached and your position has been liquidated automatically. -There has been not enough funds on your account to pay rollover fee. -Market conditions have triggered our safety mechanism, and we have closed your position to prevent loss to you.
submitted by miljance to Bitcoin [link] [comments]

CEX.IO: Bitcoin Cash is gaining the momentum! Considering the high users’ demand, we are happy to announce BCH/USD and BCH/BTC trading pairs on margins trading

CEX.IO: Bitcoin Cash is gaining the momentum! Considering the high users’ demand, we are happy to announce BCH/USD and BCH/BTC trading pairs on margins trading submitted by Egon_1 to btc [link] [comments]

CEX.IO: Bitcoin Cash is gaining the momentum! Considering the high users demand, we are happy to announce BCH/USD and BCH/BTC trading pairs on margins trading

CEX.IO: Bitcoin Cash is gaining the momentum! Considering the high users demand, we are happy to announce BCH/USD and BCH/BTC trading pairs on margins trading submitted by BitcoinAllBot to BitcoinAll [link] [comments]

BTC/EUR Margin Trading Launched on CEX.IO

BTC/EUR Margin Trading Launched on CEX.IO submitted by CEX_IO to Bitcoin [link] [comments]

EXTON.IO || A new exchange emerge

EXTON.IO || A new exchange emerge
There is over 500+ crypto exchange available in the market right now and more than 60% of them are CEX(Centralized exchange). CEX is a widely use exchange service and people like to use it because of its flexibility and speed. Also, a CEX can offer a wide variety of service and profit package that other platforms can't. So there is no doubt that in terms of getting earning opportunity Centralized exchange is the platform that an opportunity seeker wanted in the first place.

What is Exton?
EXTON.IO is a centralized exchange that supports multi payments gateway and willing to provide a wide variety of assets for trading. It is founded in 2020 and its platform is roadmap is visible. Over 250 assets can be traded in the platform from anywhere in the world. This platform can be operated from the Andriod and IOS mobile devices along with the Web version of the platform.
https://preview.redd.it/0adsqpj26hg51.jpg?width=2048&format=pjpg&auto=webp&s=af4a0ef0b24f8f8a363f5b1324dbed7ae2cb4661

Addition service offered by various exchange
To attract user a exchange takes many activities like a promotional giveaway, Trading competition, IEO, Voting contest, staking, etc. This type of service is very common and widely used by most of the CEX around. This activity widely increased the chances of getting more active users to the platform and bring more liquidity.

What more EXTON.IO is offering
If you check this exchange platform then you will find out that they support a unique type of activity like saving program. I am going to give you a quick introduction to these programs.

TONS saving: This is a saving program that is only available in EXTON.IO exchange. It has a unique method of value adoption. In every 100 blocks increased by investors the price of TONS will change. Every time block amount increases the price of TONS will be increased too. There are a total of 100 blocks and now only 75 blocks remaining. price started from $0.20 and currently ist in $0.45 per block.

https://preview.redd.it/c0vugy156hg51.jpg?width=1080&format=pjpg&auto=webp&s=a67cfc22db4a2fe4fa929d53b94934197c0cc35b
How do these saving packages work?
There are a total of 9 saving packages and it is measured by the amount of investment. Investors will get the return of investment from 1% to 9% per month based on their packages. TON's token will be used in these process and the users will get their share daily.

https://preview.redd.it/w353mk076hg51.jpg?width=1390&format=pjpg&auto=webp&s=b6c375074febb139470476663cdf9f37460d8c4a
TONS of information
TONS is a TRC-20 token based on the Tron blockchain. That makes it fast for transactions and transaction fees will be very little. The total supply of the token is 180,000,000 TONS. SO you can see the supply is limited. That can keep the value of the token stable. 1 TONS is equal to 0.2$.

The team has a plan to list TONS coin in two top tier crypto exchanges from CMC and it will be used as a stable coin in Thisoption.com and Tonstrade Apps. This will be implemented in Q4 of 2020.

Some plans ahead
  1. Exton will release their DEX exchange and implement direct fiat gateway in Q1 2021.
  2. Exton's staking program will be available in Q2 2021.
  3. Margin trading features will be kick-start from Q3 2021.
  4. TONS coin will be implemented as the main stable coin on TONSPAY.

About the company:
Thisoption company is founded in 2016 and its headquarters is in Toronto, Canada. This is a product of the International Finance Technology Algorithm Company. This is a registered company and they have a certificate for that too. You can find about their registration in these Images.

Conclusion:
It's a new project but their work and dedication for the project are visible and they are running a massive bounty program for the community. There is still a chance for the early investors to still join the project and getting as much profit as they can from it.

Website || Thisoption || Whitepaper || Telegram || Facebook || Medium

Author: u/thorex25
Disclaimer
This article is not meant to give commercial or any other kind of advice. It is just an informative text at all.
submitted by dojogang to DigitalCryptoWorld [link] [comments]

Sold-Out DeFi Project (Tokens 80% Backed USDC, Private Sale Millions Left in Oversubscription; Public 1 $12M applied for $30k) LAST PUBLIC SALE

I think the public sale of Orion Protocol (ORN) has a ton of potential because you can literally refund your tokens by 80% of their value.
These are some of the key stats of the sale:
- Less than $400k circulation - Any token is 80% backed with USDC for up to 16 months (even if bought on exchanges) - Only token sale amount circulates for 16 month - Private sale sold out with millions left in oversubscription - Did a small public allocation Elrond which required staking; $12M+ ERD was staked to claim just $30k of ORN tokens
Token Usage —
- Brokers need for staking, traders need for discount, anyone can stake to share Protocol revenue - Oracle payments in ORN, payments burned - Enterprise widget paid in ORN, payments burned - Aggregate lending fee discount - Any other product using the Protocol's aggregated liquidity does fee tx in ORN
Project Intro —
Orion Protocol aggregates every centralized exchange and DEX into 1 platform. A decentralized network of brokers is created to achieve this.
In the beginning, the brokers are some of the largest exchanges and market-making firms themselves. The Protocol creates a terminal where any coin can be traded at the best price available across any market.
The private testnet is already live. People can connect with personal wallets like MetaMask and access liquidity of major exchanges like Binance, Bittrex, BitMax, etc. alongside liquidity of major DEX and swap pools.
Every coin. Always the best price.
The project has a detailed product roadmap. The terminal is the first product. The Protocol will be used to create an Oracle built off the 100s of exchanges that can connect to the Protocol and the 1000s of brokers that can be a part of the liquidity provision.
Because it taps into CEX liquidity, high-margin trading is made possible, along with aggregated lending and various other resources.
Official Public Sale Link
submitted by rivoke to CryptoMoonShots [link] [comments]

Sold-Out DeFi Project (Tokens 80% Backed USDC, Private Sale Millions Left in Oversubscription; Public 1 $12M applied for $30k) LAST PUBLIC SALE

Sold-Out DeFi Project (Tokens 80% Backed USDC, Private Sale Millions Left in Oversubscription; Public 1 $12M applied for $30k) LAST PUBLIC SALE
I think the public sale of Orion Protocol (ORN) has a ton of potential because you can literally refund your tokens by 80% of their value.
https://preview.redd.it/yzjuk4g71ta51.png?width=955&format=png&auto=webp&s=ce1d1f26627bcecb7366f0b833fce2fea4a7d84b
These are some of the key stats of the sale:
- Less than $400k circulation - Any token is 80% backed with USDC for up to 16 months (even if bought on exchanges) - Only token sale amount circulates for 16 month - Private sale sold out with millions left in oversubscription - Did a small public allocation Elrond which required staking; $12M+ ERD was staked to claim just $30k of ORN tokens
Token Usage —
https://preview.redd.it/p3j95z7a1ta51.png?width=960&format=png&auto=webp&s=e8be1db7bf2854f4713772cee5159f2e11bbf82a
- Brokers need for staking, traders need for discount, anyone can stake to share Protocol revenue - Oracle payments in ORN, payments burned - Enterprise widget paid in ORN, payments burned - Aggregate lending fee discount - Any other product using the Protocol's aggregated liquidity does fee tx in ORN
Project Intro —
Orion Protocol aggregates every centralized exchange and DEX into 1 platform. A decentralized network of brokers is created to achieve this.
In the beginning, the brokers are some of the largest exchanges and market-making firms themselves. The Protocol creates a terminal where any coin can be traded at the best price available across any market.
The private testnet is already live. People can connect with personal wallets like MetaMask and access liquidity of major exchanges like Binance, Bittrex, BitMax, etc. alongside liquidity of major DEX and swap pools.
Every coin. Always the best price.
The project has a detailed product roadmap. The terminal is the first product. The Protocol will be used to create an Oracle built off the 100s of exchanges that can connect to the Protocol and the 1000s of brokers that can be a part of the liquidity provision.
Because it taps into CEX liquidity, high-margin trading is made possible, along with aggregated lending and various other resources.
Official Public Sale Link
submitted by rivoke to CryptoMarkets [link] [comments]

How I lost 5 BTC on CEXBRO due to confirmed BUG and got only 0.37 BTC compensation.

When CEX opened trading platform, I decided to try it out. I had already some experience on other platforms, so It was interesting to me to see how a new project starts up its flight. So I deposited some amount that I was ready to lose and start trading.

The first couple of months were ok. I was encountering some bugs and issues, and I was filling reports they were fixing the problems, and sending thanks letters. If I suffered any loss due to the bug, they always were compensating it in full.

Up to 1 of July.

If you remember that night price was going down rapidly. I had a lot of short orders opened and many of them were closed by "take profit" price, with high positive P/L. In the morning when I woke up I checked up the terminal. Not too many of my short orders left, just about 5.5 BTC in orders. Problem was that I had a lot of long orders with big negative P/L, but I was fine because I still had a positive usable margin. Now I just write the log with time:

At about 8:23 AM I decided to remove take profit price, because I saw that the price will go down. I had a positive usable margin at this moment. I was unable to perform this action - the terminal logged me out. When I log in again I tried to remove take profit price again. It wasn't removed. I tried to close some big long positions but they won't close either.

Then at 8:29 AM cexbro team saw the issue and they put unscheduled maintenance mode.

Then during unscheduled maintenance, these positions were wrongfully filled (remember, I was trying to remove take profit price):

8542405198051:01:8621 01/07/2019 08:48 Buy 1.00 BTC/USD10,501.386003590.00518214 8537179198051:01:862201/07/2019 08:48 Buy 0.50 BTC/USD10,519.586003250.00226242 8537168198051:01:862001/07/2019 08:48 Buy 0.50 BTC/USD10,515.786003220.00295306 8537157198051:01:860501/07/2019 08:48 Buy 0.50 BTC/USD10,500.086003190.00326741 8536756198051:01:833001/07/2019 08:30 Buy 0.50 BTC/USD10,600.086003040.00394550 8536767198051:01:830301/07/2019 08:30 Buy 0.50 BTC/USD10,611.986003070.00100855 8544258198051:01:830401/07/2019 08:30 Buy 1.00 BTC/USD10,613.486003620.00444143 8541545198051:01:830201/07/2019 08:30 Buy 1.00 BTC/USD10,605.586003560.00831466
After this, my margin fell below 0, because I had only long positions opened. I could not open new short positions at this moment since my usable margin was negative.

At 11:24 AM they send a ridiculous email saying that issue is probably in my browser. I did, however, what they were asking but nothing changed, because the problem was definitely on their side. Somewhere at this point, I noticed that what I was seeing in the terminal had absolutely nothing to do with the real state of the account. I could see some positions that were closed already in the terminal as still opened.

At 11:39 AM, they sent me an email saying that they finally allowed deposits again for my account. At this point, I could add enough liquidity to the account to avoid a margin call. But I decided that this is unsafe to put any money in the system when it's in a state of a complete mess. I couldn't even make an account statement to give them positions that were wrongfully filled.

At 2:49 PM, they sent a big email confirming that issue was on their side and promising compensation of 0.61 BTC (and no, they didn't pay it later)

At 3:31 PM, I sent an email, with my concerns of that because of wrongful filling of my short orders in the morning my account might be in danger of liquidation.

Ar 4:00 PM, they reassured me that I will get compensation for any additional losses.

At 17:10 PM, I asked them to speed up the compensation process. That small compensation of 0.61 BTC they promised before actually could save my account from liquidation because I would get the additional margin to open more short positions.

At 18:56 PM, they decided to close all my long positions, causing the damage of about: 6.33-1.15=5.18 BTC. At that time price has risen, and I should have about 50% margin cover.

After a week of exchanging email with support, including having conversations with their "Supervisor of VIP Customers Claims" guy (who probably spent more time typing large emails than actually looking into an issue) I decided to share the story.

The only thing I regret is time and effort I put into helping them to build a better product. But "A fish rots from the head down"...

I don't really think they would return anything anyway. But if you want to help - please spread this information.
If you have funds on their accounts - be aware of "unscheduled maintenances", this can cost you money.

Now I wouldn't trust them even one satoshi. And probably will withdraw leftovers IF they enable withdrawals for my account.


Today you can pass by and do nothing. But remember this:

"First they came for the socialists, and I did not speak out—
Because I was not a socialist.
Then they came for the trade unionists, and I did not speak out—
Because I was not a trade unionist.
Then they came for the Jews, and I did not speak out—
Because I was not a Jew.
Then they came for me—and there was no one left to speak for me."

To end on a good note, couple hilarious quotes from support with my comments:

"we suppose the issue is related to your own browser. Please go to your browser settings, clear your Web Browser cookies and internet cache, shut down your browser and re-open it." (C) Morgan Larsson
- Sure, that definitely would do the job!

"In addition, the system may become unavailable to you at any time for other reasons - for example, a problem with the Internet, or for instance a problem with Cloudflare which took place recently." (C) George Thompson
- Sure, or a huge meteorite could strike the Earth...

"If you encounter problems which are the reason you suffered additional losses due to our fault, we always investigate each case and we compensate all the losses."
"We found out that you were not able change the take profit of your Short positions, because at that time the system was already partially or completely unavailable." (C) George Thompson
- I'm I the only one who can see a contradiction in this email?

You can find whole email conversation in PDF here: https://clownworldtoken.com/Gmail%20-%20CEX.IO%20request.pdf
Draw your own conclusions.
submitted by vladimirvr to BitcoinMarkets [link] [comments]

What is SynchroBit Digital Assets Trading Platform All About?

About
SynchroBit.io (“SynchroBit”) is a Centralized P2P Digital Assets Trading Platform for trading all kinds of listed digital assets with both cryptocurrencies and fiat currencies.
SynchroBit™ is service and platform of SYNCHRONIUM LLC, and as an official trademark of SYNCHRONIUM LLC. It is a part of its innovative ecosystem, the SynchroSphere. SynchroBit benefits from a wide range of new technologies for faster, smarter, cheaper, and better trading of digital assets and provides the users with integrated 24/7 customer support via phone, chat, and online ticketing systems.
Registration on SynchroBit™ is free and open to everyone above 18 years old from non-sanctioned countries and territories by the European Union, and United Nations Security Council.
SynchroBit™ is an evolving digital assets trading platform which will be developed and upgraded in various versions to provide the users with higher standards, faster, smarter, and better trading opportunities and options.
What is the SNB Token?
SynchroBit™ will use its own native cryptocurrency, the SynchroBit Coin (SNB) which is an ERC-20 Ethereum based token. Users with passing the KYC/AML process can participate in SNB Token crowd-sales on www.snbtoken.io, by considering the terms and conditions and reading the official whitepaper provided on the website. Based on the SynchroBit business policy, trading with SNB token on SynchroBit.io will be free and the holders will benefit from added-value services and loyalty programs which will be only available to use by SNB Token. In addition to SynchroBit trading platform, SNB Token will be integrated with other major platforms of SYNCHRONIUM to increase its popularity and applications.
Why SynchroBit™
Digital assets trading is a fast-growing trend in the global financial market. A digital assets trading platform is an online platform which enables the users to trade various kinds of tradable assets and funds, including cryptocurrencies, futures, options, stocks, currencies, etc.
With an overview of the existing major trading platforms, someone can observe a wide range of problems from the user’s point of view including (but not limited to);

SynchroBit™ is designed by an international group of experts from various sectors including digital assets trading, blockchain, programming, cybersecurity, digital marketing, financial services, and investment advisors to provide the users with innovative solutions and tools to minimize their risks and maximize their ROIs.
SynchroBit™ aims to minimize the conventional boundaries and provide its users with a comprehensive platform for trading various kinds of digital assets in various trading ways including binary options, futures, options, and smart contracts.
SynchroBit™ is a Peer-to-Peer (P2P) trading platform on which users are dealing with each other anonymously. Due to its P2P nature, users play a key role in the liquidity of the assets. However, SynchroBit™ will also provide the adequate liquidity for the trading of assets and funds in partnership with global liquidity providers.
SynchroBit™ is a hybrid trading platform which benefits from the both technological features of centralized exchange (CEX) and decentralized exchange (DEX). Due to its innovative technology and features, users will experience leading-edge security, integrity, and functionality on SynchroBit™.
SynchroBit™ aims to minimize the trading fees by introducing its own native monetary system via its token, SynchroBit Coin (SNB) token, by which the trading fees will be zero.
SynchroBit™ is more than a digital assets trading platform and provides a wide range of innovative solutions and value-added services to its valuable users including advanced analytics, virtual trading, social trading, and many more through its upcoming new versions.
SynchroBit™ is incredibly fast and its speed will be enhanced and improved through the next upcoming versions as well. Basically, SynchroBit™ can handle 1,000,000 TXP which means every TX will take place only in 40 Nano Seconds (40 billionths of a second) on SynchroBit™.
SynchroBit™ APIs enable 3rd party developers to develop new applications and solutions to create new platforms and services. The core technology of SynchroBit™ synchronizes the integration of various trading solutions via hyper-secure connections.
Diversity and Simplicity
SynchroBit™ aims to provide its valuable users with a diversified range of features, options, tools, and solutions while keeping its simplicity of use and functionality. This is and always will be the essence of SynchroBit™ as a trading platform.
SynchroBit™ initial version comes with innovative features for trading cryptocurrency assets with fiat and cryptocurrencies. While the keeping the core technology more advanced and secure, SynchroBit™ will continue to add new trading features and markets to provide its users with diversified assets and markets.
Working with SynchroBit™ will be quite simple for both newcomers and professional traders and our support team will be always available to our customers in 24 hours, 7 days a week via phone, live chat, email, video conference, social media, and advanced CRM system.
Enhanced User Engagement
Since SYNCHRONIUM® manifesto indicates it’s a global enterprise of the people, by the people, and for the people, SynchroBit™ is also the same. We have open doors to our users via our platform and welcome their participation in making SynchroBit™ faster, smarter, and better than ever.
User engagement on SynchroBit™ is a principle strategy to enhance the functionality and the popularity of the trading platform to everyone. SynchroBit™ provides its valuable users with a wide range of communicational and socializing tools including public and private chatrooms, trading groups, forums, tournaments, loyalty programs, and public summits to make SynchroBit™ a platform for smart trading.
Integrated Customer Support and Services
In fact, integrated customer support and services (ICSS) is a neglected on most of existing trading platforms. SynchroBit™ team believes that ICSS is one of our key competitive advantages in the market due to our superior ICSS policy and procedures.
There will be various membership plans available to our valuable users ranging from basic to platinum which provides them with a wide range of services ranging from advanced analytics, market insights, account management, etc.
SynchroBit™ users will experience the customer intimacy like no one else. Our customers will be arranged so that they will have their own account managers who solve their problem and helps them to improve their performances on SynchroBit™.
We are committed to obeying the international laws and regulation on Anti-Money Laundry (AML) and Countering the Financing of Terrorism (CFT) to prevent any potential abuse of our platform for outlaw behavior or activity. However, due to our responsibility to our valuable users, their information and data will be always considered as classified information with the Confidentiality Rank of C4 (the highest confidentiality rank at SYNCHRONIUM® which mean such information only can be provided to courts and law enforcement organization through the legal procedures).
A well-trained team of customer support agents, working under the supervision of well-experienced customer support managers will provide SynchroBit™ users with 24 hours, 7 days a week support to asking their questions, solving their problems, and providing them with useful information. SynchroBit™ Customer Service Center is a decentralized and globally distributed network with agents speaking English, Russia, Arabic, Persian, Turkish, Hindi, Spanish, Chinese, and French languages.
Although SynchroBit™ user interface is in the English language, however, we’ll provide our platform in the other languages for our users which are mostly used by them. At this phase, since we are analyzing the most used languages by our future costumers and adding new languages will be accomplished gradually in the next versions on SynchroBit™. It’s important to note that by releasing SynchroBit™ Version 1.0, all major languages used by SynchroBit™ users will be available.
SynchroBit™ Wallets
SynchroBit™ users can enjoy the most diversified wallet features provided on any trading platform ever! As a P2P digital assets trading platform, SynchroBit™ has implemented all required wallets for the users.
Cold Wallet
Every SynchroBit™ user can easily integrate her cold-wallet with our platform. currently, we have cooperated with Trezor, which is one of the most popular and secure cold-wallet providers in the market. While trading, user just need to connect her Trezor cold-wallet and enable its integration with SynchroBit™, safely transfer their funds for trading and/or withdraw their crypto funds safely and directly to her old wallet!
In next version, we’ll integrate other cold-wallets including Ledger and Meta Mask for more convenience of our valuable users.
Crypto Wallets
Unlike the other trading platforms, every user on SynchroBit™ will benefit advanced and highly secure crypto wallets. In addition to the features stated before, these wallets have additional features, including

The crypto wallets are available for various coins including BTC, BCH, ETH, XLM, ZEC, LTC, and XRP.
Meanwhile, all ETH based tokens are supported by SynchroBit™ Crypto Wallets.
The maximum withdrawal limit from SynchroBit™ wallets for the users who have not passed their KYC is 5 BTC (or its equivalent value to other cryptocurrencies) in every 24 hours.
Crypto Addresses
In addition to crypto wallets, users can generate the unlimited number of crypto addresses for their crypto wallets which are fully integrated. Every 24 hours, a user can generate a new crypto address for her BTC, BCH, ZEC, and LTC wallets while keeping and using the older crypto addresses.
This feature increases the security of the wallets and the assets of the users, as well.
Fiat Wallet
Fiat wallets are one of the great features of SynchroBit™. This feature is only available for the users who successfully passed their KYC/AML process by the support team. There is no limit for depositing fiat funds on the fiat wallets, however, withdrawals require the banking procedures and clearance for large amounts depending on EU and USA banking regulations for transferring of funds.
Users can deposit their fiat funds via the following procedures:

Any deposit and withdrawals from the fiat wallets require the confirmation of SynchroBit™ for ensuring the security measures of user funds.
Depositing on fiat wallets has zero fees, however, withdrawals may include charges and fees, depending on the bank, currency, regulations, and limits.
SynchroBit™ fiat deposits and withdrawals are available in US$ and Euro, however, in the next versions, depositing more fiat currencies including Turkish Lira, GBP, AED, AUD, CAD, CHF, Rubble, JPY, and GEL.
Diversified Markets
SynchroBit™ will not be limited only to the trading of cryptocurrencies. Based on the roadmap, in addition to a diversified and comprehensive market for the trading of valuable and reliable cryptocurrencies, SynchroBit™ will add new markets including metal markets, energy markets, commodity markets, and other tradable digital assets in its upcoming versions.
Diversified Trading Methods
SynchroBit™ opens new horizons for the users to trade the digital assets in P2P manner. in addition to formal trades with the market price, setting limits and stop-limits, SynchroBit™ introduces Trend-Limit which is an innovative way of setting various stop-limits to minimize the trading risk.
In addition to formal P2P binary trading, SynchroBit users will benefit from other trading methods including margin trading and features trading in the next versions.
How to Help Us?
Developing, maintaining and upgrading SynchroBit™ is a costly work that evolves an international team of experts. Interested people can participate in SNB Token ICO by visiting www.snbtoken.io and join our crowd-sales. The raised funds from the crowd-sales will be used by SYNCHRONIUM LLC to develop and launch the next version of SynchroBit.
Need further information?
To find out more about SynchroBit project you may visit www.snbtoken.io and read the final version of SynchroBit Whitepaper.
In addition, our FAQ page may help you to get more information about SynchroBit, its features, functionality, and services.
You may be interested to try the demo of SynchroBit and explore its features and functionality. Click here to explore how it works!
submitted by SynchroBit to u/SynchroBit [link] [comments]

Is CEX.IO Broker a scam? Definitely not!

CEX.IO Broker is a margin trading platform, backed by the regulated cryptocurrency exchange CEX.IO. Unlike BitMEX that lets users trade infinite futures, CEX.IO Broker is based on CFDs (contracts for difference). CFDs represent financial instruments that allow traders to trade in the price differences of assets without actually owning / buying / selling those assets.
While many platforms have emerged recently with a questionable reputation, CEX.IO Broker (also CEXBro) is definitely not among them. If you are evaluating the platform and asking whether it’s legit or another scam, below are some points to consider. Here’s why CEX.IO Broker is not a scam:
Overall, a platform with a license, backed by the crypto exchange with a solid reputation, developed and tested by the veterans of the market, CEX.IO Broker demonstrates serious credibility. Provided the team also pays a lot of attention to the cost-effectiveness of trading (spreads, order execution time and price) - it’s a good candidate for a new addition to the ranks of reputable margin trading platforms.
submitted by oxy_storifier to u/oxy_storifier [link] [comments]

SynchroBit™ Hybrid P2P Digital Assets Trading Platform

SYNCHROBIT! The first hybrid multi-functional digital asset trading platform to trade all kinds of cryptocurrencies, energy, precious metals, commodities, etc., with both fiat and mainstream cryptocurrencies with innovative solutions for both beginners and professional traders, including binary trading, options, margin trading, futures and more!
SynchroBit™ is highly user-friendly for both beginner and professional traders, with compatible and customizable UI, highly accurate charts, and real-time data analytics. SynchroBit™ will enable startups, entrepreneurs,companies and societies for the successful launch of their ICOs and Tokens, and in the meantime, provides the investors and buyers to benefit from approved and real ICO projects and opportunities. SynchroBit™ is not a me-too cryptocurrency exchange platform since it introduced a wide range of innovative trading and investment tools, solutions, and opportunities to its users.
SynchroBit™ team has a particular focus on customer satisfaction and high-end user experience. Therefore, we have planned to extend our global presence in different markets and locations to provide our users with 24/7 customer services via phone, e-mail, live chat in a customer-friendly procedure. Dislike of other platforms, SynchroBit™, provides its users with both DEX and CEX functions from the beginning. We're introducing the first Hybrid Platform which fully integrated with cold wallets including Trezor™, and there is no need to hold cryptographic assets on SynchroBit™. However, seamless technology employed in SynchroBit™ provides the users with various types of crypto address and wallets that are fully integrated and highly secure.
https://snbtoken.io
submitted by grelays to ico [link] [comments]

BankDex Architecture, Protocol and Smart contracts


https://preview.redd.it/ppqwo0q44lh31.png?width=468&format=png&auto=webp&s=24b86129938740ea6c0c99811799a63f10f16167
BankDex architecture
How will we reach these goals? BankDex is built on a peer to peer architecture without the involvement from any third party APIs as the latter ones are the points of failure9 10. The underlying technology is a high-speed, fully decentralized and public blockchain platform that possesses Turing complete, autonomous Smart Contracts.
BankDex protocol
BankDex overcomes the scalability limits of current blockchain systems with the BankDex protocol that balances the trade-off between throughput and latencies. Thereby, enables the secure validation and confirmation of initial transactions in seconds, in place of minutes or even hours as in regular blockchain transactions. BankDex provides more than million transactions per second and data transaction per 0.1 seconds — 1000 times faster than other decentralized exchanges. New decision consensus algorithm is based on secure data processing and multiple validation.
BankDex smart contracts
The BankDex platform consists of fraud-proof & completely automated smart contracts with powerful business logic. They allow multiple transactions or order matching from multiple users at the same time at a fast rate. Smart contracts are responsible for: the assets storage and trade settlements execution; arbitrage for processing and keeping track of the transaction; wallet to wallet transactions. These contracts ensure easy methods for the creation and exchange of tokens, increasing their tradability and liquidity.

https://preview.redd.it/9ov770ec4lh31.jpg?width=400&format=pjpg&auto=webp&s=f1473e304fc624cdf00ae4131a1e24d0142ceb86
Multi-currency E-Wallet
Multi-currency E-Wallet to support all kind of hardware and software wallets with no need to install various wallets on devices. Just one single BankDex secure wallet to store and transfer lots of cryptocurrencies. Multiple currency wallet facility enables the national currency transfer through compliant gateway operators.
This is truly a breakthrough achievement. Not only DEX don’t support fiat. There are only several large CEX that do support the conversion to fiat: Coinbase, Gemini, Kraken, Coinmama, Bitstamp11. Credit/debit cards, as well as bank transfers, are the two most popular payment means on these platforms12. Others exchanges force traders to buy BTC/ETH from a ‘gateway’ exchange before transferring it to the crypto exchange to trade with. This process takes time as well incurring a fee for the transfer.
BankDex Gateways
Gateways to allow trading crypto and fiat currencies as long as they are on the BankDex platform. In the initial phase of development, BankDex users could trade US DollaEuro along with other 50 cryptocurrency tokens. BankDex provides scalability with the provision to trade more than 500 coins in the future.
BankDex Interface
Intuitive one-stop-shop interface to buy, sell, exchange cryptocurrencies and fiat. Our team involved experienced graphic designers and did the best to set up a very user-friendly environment for all users. A wide range of main languages of the world is supported. As a result, all people interested in crypto trading can enter the exchange and easily carry out their business activities without any hitch.

https://preview.redd.it/xi740qpq5lh31.jpg?width=400&format=pjpg&auto=webp&s=c2cfcf16e4bb640ced334ae8e9f9b47012303f39
Near-feeless transactions
BankDex allows free trading, without any fees for the first 90 days. After the period, it imposes a nominal fee of 0.003USD.
Free Cancellation
Users can cancel all type of orders without any penalties. Feel free to order and cancel whenever you want.
Unlimited withdrawals
BankDex decentralised exchange does not set a limit on the number of withdrawals to be carried out.
No KYC procedure
BankDex avoids the need for KYC procedure, maintain anonymity and thus preserving the privacy of traders involved in the trade. Also, without KYC you won’t face the complexity of registration on the exchanges. This process takes up to a couple weeks13 as exchanges are unable to keep their new account opening facility open all the time due to the influx of people.
Account recovery
In case of a lost account, BankDex has the built-in provision to enable account recovery to a new device.
Simulator Exchange
BankDex includes simulator exchange that helps to improve trading without risking real money.
Full Transparency
All the details of transactions such as the details of the order book, deposits and withdrawal are all stored transparently on the blockchain.
Margin trading
BankDex enables margin trading for its users with the help of a protocol that provides the facility through smart contracts.
How it works
Although the exchange possesses a centralized order matching system, the order settling is carried out in a decentralized way in the Blockchain. Thus, provides protection from front-running by concealing the orders.
The orders are paired off-chain in a centralized server before being executed on the Blockchain.
The trade in the exchange is conducted by market makers and market takers.
The market maker creates an order for exchanging, say, Token A for Token B. The order contains the desired exchange rates along with the expiration time. It is signed with the maker’s private key and submitted to the database for updating. The maker’s account is then verified for sufficient balance and the order is added to the order book.
The market taker intercepts the order and matches it. The exchange then verifies the taker account for sufficient balance and if found, the signed transactions are updated in the database and added in the order book.
The actual fund transfer on the blockchain takes place during the order settling phase. After all the dependent and associated trades are mined, the transaction is transferred to the blockchain, where it is mined and contract balances updated to represent the trade.
Once the transaction has been mined, the makers and takers are able to withdraw their funds.
Website : https://www.bankdex.io/ Twitter : https://twitter.com/bank_dex Facebook : https://www.facebook.com/bankdex.io Telegram : https://t.me/BankdexChatOfficial Whitepaper : https://www.bankdex.io/index.php/white-pape Technical Paper : https://www.bankdex.io/wp-content/uploads/2019/05/Technical-Paper.pdf
Bounty0x username : nefsim

https://preview.redd.it/5q4uyxyx5lh31.png?width=250&format=png&auto=webp&s=2285b21f05ff975a71314c70bcbf29f23f21c2a3
submitted by hayrimavi1 to Crypto_General [link] [comments]

Review SYNCHROBIT ICO

Review SYNCHROBIT ICO

https://preview.redd.it/6ecvjrqi3oq31.png?width=820&format=png&auto=webp&s=8ace61e2fda2e21cf3c2cb574b5adeab71601461
WORLD FIRST HYBRID DIGITAL ASSETS TRADING PLATFORM WITH INNOVATIVE SOLUTIONS FOR MAKING THE TRADE FASTER, SMARTER, EASIER, CHEAPER, AND BETTER THAN EVER!
The first hybrid multipurpose digital assets trading platform for trading all kinds of cryptocurrencies, energy, precious metals, commodities, etc., with both fiat and major cryptocurrencies with innovative solutions for both newcomers and professional traders, including binary trading, options, margin trading, futures, and many more.

https://preview.redd.it/vyl4e3rm3oq31.png?width=1280&format=png&auto=webp&s=c7f44ee438714e7ad8f2b0ed0bc6dc792bf38e67
About SynchroBit™
SynchroBit™ is highly user-friendly for both beginner and professional traders, with compatible and customizable UI, highly accurate charts, and real-time data analytics. SynchroBit™ will enable startups, entrepreneurs,companies and societies for the successful launch of their ICOs and Tokens, and in the meantime, provides the investors and buyers to benefit from approved and real ICO projects and opportunities.
SynchroBit™ is not a me-too cryptocurrency exchange platform since it introduced a wide range of innovative trading and investment tools, solutions, and opportunities to its users.
SynchroBit™ team has a particular focus on customer satisfaction and high-end user experience. Therefore, we have planned to extend our global presence in different markets and locations to provide our users with 24/7 customer services via phone, e-mail, live chat in a customer-friendly procedure.
Dislike of other platforms, SynchroBit™, provides its users with both DEX and CEX functions from the beginning. We're introducing the first Hybrid Platform which fully integrated with cold wallets including Trezor™, and there is no need to hold cryptographic assets on SynchroBit™. However, seamless technology employed in SynchroBit™ provides the users with various types of crypto address and wallets that are fully integrated and highly secure. Ecosystem.
ONE MARKETPLACE
SynchroBit™ is a comprehensive marketplace that combines fiat and cryptocurrencies for trading various types of digital assets. Trading with SNB token on SynchroBit.io will be with zero fees.
TRANSPARENCY AND TRUST
Benefiting from the latest blockchain based technologies, SynchroBit™ platform is fully transparent and accountable to its users. SNB Token holders benefit from the leading-edge transparency of ETH blockchain in every transaction.
DIVERSITY AND SIMPLICITY
SNB Token will be integrated as a major cryptocurrency with other SYNCHRONIUM® owned and partner platforms. This will extend the applications of SNB Token in the blockchain ecosystem.
SUPPORTED BY THE LEADERS
SNB Token is supported by leading cryptocurrency exchanges as partner exchanges, including BTC-Alpha, CoinLim, CREX24, CoinsBit, LiveCoin, and Mercatox at ICO phase and will be officially listed on all top centralized and decentralized exchanges after ICO in 2020.
Platform
For Newcomers
Faster, smarter, and easier than ever!
SynchroBit™ enables the newcomers to trade like a professional trader by making their trades much faster, easier, smarter, cheaper, and better than ever!
SynchroBit™ is a multilayered and innovative platform that provides its users with the most diversified markets to trade all kinds of digital assets in P2P manner, with both major fiat and cryptocurrencies.
As a multi-cryptocurrency exchange, SynchroBit™ users have access to wide range of P2P, margin, futures, and binary pairs with BTC, BCH, Fiat, XLM, XRP, ETH, LTC, ZEC, Stable Coins, and SNB.
SynchroBit™ will benefit from SynchroBrain™ AI technology of SYNCHRONIUM® that enables the newcomers to minimize their risks and maximize their ROIs. Deep market insight and instant data analysis is one of the major unique features of the platform.
SynchroBit™ will provide the users with socialization solutions including social trading, smart contract trading, and smart options which are innovative means of benefiting from market trends. Trend-Limit™, as one of the innovative trading tools of SynchroBit™ will minimize the risks in the volatile markets.
For Professionals
Minimize your risks, Maximize your ROIs!
SynchroBit™ is an innovative platform for professional trading with a wide range of trading solutions and tool.
Developed by the professionals for the professionals, SynchroBit™ provides them with innovative solutions and tools to minimize their risks and maximize their ROIs.
Cryptofolio™ innovative solutions provides the traders with deep market insight and performance analysis for minimizing their risks and maximizing their ROIs.
An innovative mixture of trading solutions, extensive portfolios, diversified pairs, in addition to P2P, margin, futures, options, and binary trading makes SynchroBit™ the most preferred trading platform for professionals.
SynchroBit™ introduces Percentage Allocated Portfolio Manager (PAPM™) program that enables professional traders to manage big funds, make profit for their clients, and create extensive portfolios.
MVP
Continuous improvement is a vital part of our platform. SynchroBit™ is progressive digital assets trading platform that is currently available and open to the users. The current version of Version INIZIO, which will be improved through the upcoming versions, including DELTA, SIGMA, OMEGA, and Covenant.
Powered by the latest innovations and blockchain based technologies, SynchroBit™ lets easily you trade all kind of digital assets with both fiat and cryptocurrencies.
Users have full access to trading solutions and tools that minimize their risks and maximize their ROIs.
SynchroBit™ benefits from the revolutionary technologies in wallets. Users have real Crypto Wallets for all major cryptocurrencies for which they can add new crypto addresses by every 24 hours. Crypto wallets are fully decentralized by SYNCHRONIUM® innovative wallet technology which means that SynchroBit™ never holds the private keys on its servers and wallets are temper-proof. In addition, users have safe fiat wallets fully integrated with leading fiat payment systems.
SynchroBit™ trading core machine is able to process more than 1,000,000 orders per second and handles more than 1,000,000 TXP. This means that every order on SynchroBit™ is processed in less than 40 billionth of a second!
SynchroBit™ benefits from high liquidity due to strategic alliance with major trading platforms in the market.
Trend-Limit™ is an ultimate answer by SynchroBit™ to minimize the risks in the uncertain markets. Users can place various High and Low Stop-Loss with a click just by a single fund!
There is no front-running and fake volume on SynchroBit™. We are committed to transparency, user-friendliness, and truth!
24/7 end-to-end integrated live support via chat, phone, e-mail and support tickets.
Token
SNB Token buyers will receive their tokens immediately after their successful purchase. Bonuses will be delivered 6 months after ICO based on the date of their purchase based on FIFO ( first in, first out).
TOKEN INFORMATION
Name of the Token: SynchroBit Coin
Symbol: SNB
Decimals: 18
Platform: Ethereum
Type: ERC-20
Total Supply: 1,000,000,000 SNB
Tokens Issuer: SYNCHRONIUM LTD, United Kingdom
Jurisdictions: the United Kingdom and the Republic of Georgia
Functionality: to be used on SynchroBit™, all SYNCHRONIUM® Platforms, and all partner platforms
Smart Contract Address: 0xd3172862ff028cc42660576a0a36cfbc94b 50eec
TOKEN ALLOCATION
Tokens allocate for Public Sale60% (Immediate delivery)
Tokens allocate for Private Sale3% (2 years lockup)
Tokens Allocated for Pre-ICO Sales2% (6 months lockup)
Bonus9% (6 months lockup after ICO)
Airdrops, Promotions, and Bounty1% (6 months lockup after ICO)
Team and Advisors10% (24 months lockup after ICO)
Reserve15% (24 months lockup after ICO)
USE OF FUNDS
The raised funds from SNB Token ICO will be utilized under the supervision of SBC-Legal and EY. The projected plan is as follows:
Platform Improvement and Operations 25%
SNB Token Liquidity 25%
Marketing 15%
Company Reserve 15%
Legal 5%
Listings and Market Development 5%
Team and Advisors 10%
SynchroBit™ Hybrid P2P Digital Assets Trading Platform Roadmap
Q1 2018
- Market research Operations
- Setting the initial roadmap
of the project
Q2 2018
- Developing the TestNet for
the initial deployment of the
platform
- Setting the first meetups of
the project with the early
investors
- Developing the Version 0x
Q3 2018
- Launching the Version Ox
and testing the platform
performance
Q1 2019
- Launching Version SIELO
Q2 2019
- SNB token TGE
- Distribution of SNB token to
the early Pre-ICO holders
- Upgrading to Version INIZIO
Q3 2019
- Implementation of Version
INIZIO
Q3 2019
- SNB Token Public ICO Round 1
- First Airdrop Program
- Cooperation with Partner Exchanges
Q3 2019
- Extending SynchroBit™ listed
coins
- Development of Version DELTA
Q4 2019
- SNB Token Public ICO Round 2 & 3
- Testing the Version DELTA
Q1 2020
- SNB Integration
Q1 2020
- Listing of SNB on Partner Exchanges
- Launching Version DELTA
- Adding New Portfolios to the Platform
Q2 2020
- First SNB Token Burn Event
- Preparation of Version SIGMA
Q3 2020
- First SynchroBit™ Annual
Meeting
- Projection of the new
Version
- SNB Token Listing on New
Exchanges
- Official Launch of Version
SIGMA
Q4 2020
- Improvements to Version SIGMA
- New Listings
- Preparing the Version OMEGA
Q4 2020
- Finalization of Version OMEGA and WP Release
Q1 2021
- Official Launch of Version OMEGA
Q1 2021
- SynchroBit™ Integrations with the other SYNCHRONIUM® Platforms
Q2 2021
- Version 1.0 WP Release
- Preparing the Version 1.0
Q3 2021
- Starting the Upgrading
- Process to Version 1.0
Q4 2021
- SynchroBit™ Grand Global Meetup for introduction of Version 1.0
- Initial Launch of Version 1.0
- Introduction of SynchroBit™ Covenant Strategic Plan
OUR TEAM
A professional task force leads the project from SYNCHRONIUM® Team around the world is leading the project. More than fifty people around the globe are involved in SynchroBit™ Project as the team member. Get introduced with the project team leaders.
Babak Behboudi Dolatsaraei: Co-Founder
Charles M. Hermans: VP of Global Marketing
Sylvester Selvaraj: Digital Marketing Manager
Dr. George G. Tumanishvili: Legal and Hi-Tech
Bharat Gandass: Airdrops, Bounty, and Promotions manager
Paulo Carneiro: Investment Manager
Gvantsa Elgendashvili: CO-PARTNER, Chief Legal Associate
Jane Iyamah: Lead Community Manager
Giorgi Otaridze: CO-PARTNER, Head of legal operations
Krystelle Galano: PR Manager
ADVISORY BOARD MEMBERS
SynchroBit™ advisory board members are among top advisors in ICO and blockchain industry with an outstanding background in more than 100 projects.
Naveen Kapoor: Chief Blockchain Advisor
Oksana Belousova: Chief ICO Advisor
Misha Osaula: Chief Business Advisor
Samiran Mondal: Chief PR Advisor
Manoj Sharva: Chief Technical Advisor
Emmanuel Adam: Advisor
Lalit Bansal: Advisor
For More Information Click Link Bellow:
Website: https://snbtoken.io/
Whitepaper: https://snbtoken.io/images/wp.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=5171896.new#new
Telegram: https://t.me/Synchronium
Facebook: https://www.facebook.com/SynchroBit
Twitter: https://twitter.com/SynchroniumLtd
BTT profile: https://bitcointalk.org/index.php?action=profile;u=2675979
Eth address: 0xC7f312F875021679E872b796bd181c765845ba2F
submitted by Abid_ID to u/Abid_ID [link] [comments]

About Bankdex

About Bankdex

https://preview.redd.it/mncmn8v8vhe31.jpg?width=1200&format=pjpg&auto=webp&s=b841af25f4c3e0efde7d47ab2db94b432215bcbf
BankDex is a decentralised cryptocurrency exchange built on an innovative and ground-breaking technology that facilitates inter-blockchain transfer of crypto assets. At present, traders are forced to use centralised exchanges where traders share their control on the assets which creates a huge risk for them. However, BankDex is the first decentralised exchange that solves the transaction problem of cross-chain transfer between dierent blockchain accounts in a distributed ledger network. On BankDex traders will be able to trade BITCOIN, ETHEREUM, AND other ERC20 TOKENS.

BankDex solves the challenges for both types of exchanges by:

1.Connecting the different blockchains in a distributed manner
2.Enables both Cross-chain and intra-chain transactions
3.Integrates with any public, private or consortium chain
4.Enables high token exchange privacy
5.Supports low cost transactions
BankDex architecture
How will we reach these goals? BankDex is built on a peer to peer architecture without the involvement from any third party APIs as the latter ones are the points of failure9 10. The underlying technology is a high-speed, fully decentralized and public blockchain platform that possesses Turing complete, autonomous Smart Contracts.
BankDex protocol
BankDex overcomes the scalability limits of current blockchain systems with the BankDex protocol that balances the trade-off between throughput and latencies. Thereby, enables the secure validation and confirmation of initial transactions in seconds, in place of minutes or even hours as in regular blockchain transactions. BankDex provides more than million transactions per second and data transaction per 0.1 seconds — 1000 times faster than other decentralized exchanges. New decision consensus algorithm is based on secure data processing and multiple validation.
BankDex smart contracts
The BankDex platform consists of fraud-proof & completely automated smart contracts with powerful business logic. They allow multiple transactions or order matching from multiple users at the same time at a fast rate. Smart contracts are responsible for: the assets storage and trade settlements execution; arbitrage for processing and keeping track of the transaction; wallet to wallet transactions. These contracts ensure easy methods for the creation and exchange of tokens, increasing their tradability and liquidity.
Multi-currency E-Wallet
Multi-currency E-Wallet to support all kind of hardware and software wallets with no need to install various wallets on devices. Just one single BankDex secure wallet to store and transfer lots of cryptocurrencies. Multiple currency wallet facility enables the national currency transfer through compliant gateway operators.
This is truly a breakthrough achievement. Not only DEX don’t support fiat. There are only several large CEX that do support the conversion to fiat: Coinbase, Gemini, Kraken, Coinmama, Bitstamp11. Credit/debit cards, as well as bank transfers, are the two most popular payment means on these platforms12. Others exchanges force traders to buy BTC/ETH from a ‘gateway’ exchange before transferring it to the crypto exchange to trade with. This process takes time as well incurring a fee for the transfer.
BankDex Gateways
Gateways to allow trading crypto and fiat currencies as long as they are on the BankDex platform. In the initial phase of development, BankDex users could trade US DollaEuro along with other 50 cryptocurrency tokens. BankDex provides scalability with the provision to trade more than 500 coins in the future.
BankDex Interface
Intuitive one-stop-shop interface to buy, sell, exchange cryptocurrencies and fiat. Our team involved experienced graphic designers and did the best to set up a very user-friendly environment for all users. A wide range of main languages of the world is supported. As a result, all people interested in crypto trading can enter the exchange and easily carry out their business activities without any hitch.
https://preview.redd.it/pvu8lx8ivhe31.jpg?width=1016&format=pjpg&auto=webp&s=83b01d8edb4672ae9330f888436bf347370e5cac
Other benefits & solutions
  • Near-feeless transactions and Simulator Exchange
BankDex includes simulator exchange that helps to improve trading without risking real money.
BankDex allows free trading, without any fees for the first 90 days. After the period, it imposes a nominal fee of 0.003USD.
  • Free Cancellation
Make and cancel all types of trade orders freely without penalties.
  • Unlimited withdrawals
There is no limit to number of times or amount withdrawn.
  • No KYC procedure
Maintain your privacy, no need for identity confirmation, truely decentralized.
  • Account recovery
In case of a lost account, BankDex has the built-in provision, so users can recover their account.
  • Full Transparency
All the details of transactions are stored visible to everyone on the blockchain. BankDex Platform uses DAG that makes it impossible to tamper with trading transaction history.
  • Margin trading
BankDex enables margin trading for its users with the help of a protocol that provides the facility through smart contracts
Website: https://www.bankdex.io/
Whitepaper: https://www.bankdex.io/wp-content/uploads/2019/06/WHITEPAPER.pdf
Bounty0x ID: sakaleyn
submitted by ceydakaraelma to ico [link] [comments]

Bitcoin Cash: A Reflection on How Far We’ve Come

On August 1, Bitcoin resumed its original roadmap, scaling on-chain towards global adoption as Peer-to-Peer Electronic Cash.
It’s been just 3 and a half months since Bitcoin Cash broke away from BTC in order avoid a software mutation called Segwit, and to restore progress and growth to the ecosystem.
After a recent price rally that saw us reach 0.5 BTC ($3000), the reality is setting in that an overnight ‘flippening’ scenario that some people hoped for is unlikely, and that we have a longer road ahead.
It’s really important to remember how much has been achieved in such a short time.
Let’s take a moment to reflect on how far we’ve come as a young community.
July:
August:
September:
October:
November:
This rate and scale of industry adoption is unprecedented.
With every BTC holder receiving an equal amount of Bitcoin Cash, and with the price over $1300, the rate and scale of user adoption is unprecedented.
With fast, reliable transactions and fees that are less than 1 cent, and with both BitPay & Coinbase hinting at a full Bitcoin Cash integration, the rate and scale of merchant adoption will be unprecedented.
With unprecedented industry, user and merchant adoption, it’s only a matter of time until Bitcoin Cash becomes the default medium of exchange and store of value cryptocurrency.
The old Bitcoin is back. You can feel it. It’s the resurgence of a grassroots movement not seen for years. People are putting Bitcoin Cash posters in the streets, handing out leaflets, tipping strangers a few dollars online, and asking in forums how they can contribute to the community.
Just in the last couple of days a ‘Bitcoin Cash Fund’ was established, to assist with marketing and projects. The initial goal was $200 to make a short animated advert, but over $17,000 has been donated already. All of this positivity and energy is inspiring.
While businesses are being forced to abandon BTC due to exorbitant and skyrocketing fees (upwards of $10), they’re being cheered on every day as they embrace Bitcoin Cash.
The original vision is still alive. As an early bitcoiner, I’ve never been more optimistic.
Make sure you involve yourself in the community, we’re just getting started :)
Reddit: BTC or BitcoinCash
Twitter: twitter.com/BITCOINCASH
Website: bitcoincash.org
Dev: Mailing List
Also posted on Yours: Bitcoin Cash: A Reflection on How Far We’ve Come
submitted by cryptomic to btc [link] [comments]

About The BankDex

About The BankDex
New projects are being implemented every day. While the updates in the blockchain technology contribute to the crypto world, these innovations bring approaches that increase productivity and security. With all of this, it will still take some time for the desired developments in the cryptocurrency world to come to life.
Because the market is very fragile, cryptocurrency platforms are not very useful, because of the uncertainty in prices, people still do not trust the cryptocurrency.
Not only does technology continue to offer innovations to our lives every day, but thanks to the revolutionary advances it has brought, incredible progress has been made in the financial sector and in the labor market. With the help of the blockchain technology that emerged in the light of these developments, the cryptocurrencies we have faced have changed our perspective towards the investment and banking system.
Meanwhile, the need for a revolutionary platform has been greater than ever. New projects can sometimes not have strong growth. The reasons for this are the lack of a target audience and the lack of adequate marketing. For a project to be successful, a strong team and a large audience behind it is very important for the project.

https://preview.redd.it/9lkqpb95cw931.jpg?width=1200&format=pjpg&auto=webp&s=b05fdda46965e7970936bed30c9fe0bf5e5ee1a4

The major feature of this exchange is that it is not one of the decentralized stock exchanges like some large stock exchanges. Decentralized exchanges contain high security. In these exchanges, each user has control of their own funds. As we all know, familiar exchanges demand high fees to list. The most important feature of the platform is that it lists the projects it believes and trusts on their stock exchanges without any charge. At the same time, the BsnkDEX exchange will provide its users with a variety of bonuses in their transactions.

Multi-currency E-Wallet
Multi-currency E-Wallet to support all kinds of hardware and software wallets with no need to install various wallets on devices. Just one single BankDex secure wallet to store and transfer lots of cryptocurrencies. Multiple currency wallet facilities enable the national currency transfer through compliant gateway operators.
This is truly a breakthrough achievement. Not only DEX doesn’t support fiat. There are only several large CEX that do support the conversion to fiat: Coinbase, Gemini, Kraken, Coinmama, Bitstamp11. Credit/debit cards, as well as bank transfers, are the two most popular payment means on these platforms12. Other exchanges force traders to buy BTC/ETH from a ‘gateway’ exchange before transferring it to the crypto exchange to trade with. This process takes time as well as incurring a fee for the transfer.

BankDex Gateways
Gateways to allow trading crypto and fiat currencies as long as they are on the BankDex platform. In the initial phase of development, BankDex users could trade the US DollaEuro along with other 50 cryptocurrency tokens. BankDex provides scalability with the provision to trade more than 500 coins in the future.

BankDex Interface
Intuitive one-stop-shop interface to buy, sell, exchange cryptocurrencies and fiat. They the team involved experienced graphic designers and did the best to set up a very user-friendly environment for all users. A wide range of main languages of the world is supported. As a result, all people interested in crypto trading can enter the exchange and easily carry out their business activities without any hitch.

Benefits & Solutions
  • Near-feeless transactions and Simulator Exchange
BankDex includes a simulator exchange that helps to improve trading without risking real money.
BankDex allows free trading, without any fees for the first 90 days. After the period, it imposes a nominal fee of 0.003USD.
  • Free Cancellation Make and cancel all types of trade orders freely without penalties.
  • Unlimited withdrawals There is no limit to the number of times or amount withdrawn.
  • No KYC procedure Maintain our privacy, no need for identity confirmation, truly decentralized.
  • Account recovery In case of a lost account, BankDex has the built-in provision, so users can recover their account.
  • Full Transparency All the details of transactions are stored visible to everyone on the blockchain. BankDex Platform uses DAG that makes it impossible to tamper with trading transaction history.
  • Margin trading BankDex enables margin trading for its users with the help of a protocol that provides the facility through smart contracts

Links:
Official Site: www.bankdex.io
Facebook : https://www.facebook.com/bankdex.io
Twitter : https://twitter.com/bank_dex
Whitepaper : https://www.bankdex.io/wp-content/uploads/2019/06/WHITEPAPER.pdf
Telegram: https://t.me/bankdex
Medium : https://medium.com/@bank_dex
Linkedin : https://www.linkedin.com/organization/18708308
Github: https://github.com/bankdex

Author: Arif Çakır
Bounty0x username: arifcakir13
submitted by bacaran to ICOAnalysis [link] [comments]

About Bankdex

About Bankdex

https://preview.redd.it/c2amtnx1a8631.jpg?width=1200&format=pjpg&auto=webp&s=116620e5fa29717548934ef6cac2bf27d0b0a62e
BankDex is a decentralised cryptocurrency exchange built on an innovative and ground-breaking technology that facilitates inter-blockchain transfer of crypto assets. At present, traders are forced to use centralised exchanges where traders share their control on the assets which creates a huge risk for them. However, BankDex is the first decentralised exchange that solves the transaction problem of cross-chain transfer between dierent blockchain accounts in a distributed ledger network. On BankDex traders will be able to trade BITCOIN, ETHEREUM, AND other ERC20 TOKENS.
BankDex solves the challenges for both types of exchanges by:
1.Connecting the different blockchains in a distributed manner
2.Enables both Cross-chain and intra-chain transactions
3.Integrates with any public, private or consortium chain
4.Enables high token exchange privacy
5.Supports low cost transactions

BankDex architecture
How will we reach these goals? BankDex is built on a peer to peer architecture without the involvement from any third party APIs as the latter ones are the points of failure9 10. The underlying technology is a high-speed, fully decentralized and public blockchain platform that possesses Turing complete, autonomous Smart Contracts.
BankDex protocol
BankDex overcomes the scalability limits of current blockchain systems with the BankDex protocol that balances the trade-off between throughput and latencies. Thereby, enables the secure validation and confirmation of initial transactions in seconds, in place of minutes or even hours as in regular blockchain transactions. BankDex provides more than million transactions per second and data transaction per 0.1 seconds — 1000 times faster than other decentralized exchanges. New decision consensus algorithm is based on secure data processing and multiple validation.
BankDex smart contracts
The BankDex platform consists of fraud-proof & completely automated smart contracts with powerful business logic. They allow multiple transactions or order matching from multiple users at the same time at a fast rate. Smart contracts are responsible for: the assets storage and trade settlements execution; arbitrage for processing and keeping track of the transaction; wallet to wallet transactions. These contracts ensure easy methods for the creation and exchange of tokens, increasing their tradability and liquidity.
Multi-currency E-Wallet
Multi-currency E-Wallet to support all kind of hardware and software wallets with no need to install various wallets on devices. Just one single BankDex secure wallet to store and transfer lots of cryptocurrencies. Multiple currency wallet facility enables the national currency transfer through compliant gateway operators.
This is truly a breakthrough achievement. Not only DEX don’t support fiat. There are only several large CEX that do support the conversion to fiat: Coinbase, Gemini, Kraken, Coinmama, Bitstamp11. Credit/debit cards, as well as bank transfers, are the two most popular payment means on these platforms12. Others exchanges force traders to buy BTC/ETH from a ‘gateway’ exchange before transferring it to the crypto exchange to trade with. This process takes time as well incurring a fee for the transfer.
BankDex Gateways
Gateways to allow trading crypto and fiat currencies as long as they are on the BankDex platform. In the initial phase of development, BankDex users could trade US DollaEuro along with other 50 cryptocurrency tokens. BankDex provides scalability with the provision to trade more than 500 coins in the future.
BankDex Interface
Intuitive one-stop-shop interface to buy, sell, exchange cryptocurrencies and fiat. Our team involved experienced graphic designers and did the best to set up a very user-friendly environment for all users. A wide range of main languages of the world is supported. As a result, all people interested in crypto trading can enter the exchange and easily carry out their business activities without any hitch.

Other benefits & solutions
  • Near-feeless transactions and Simulator Exchange
BankDex includes simulator exchange that helps to improve trading without risking real money.
BankDex allows free trading, without any fees for the first 90 days. After the period, it imposes a nominal fee of 0.003USD.
  • Free Cancellation
Make and cancel all types of trade orders freely without penalties.
  • Unlimited withdrawals
There is no limit to number of times or amount withdrawn.
  • No KYC procedure
Maintain your privacy, no need for identity confirmation, truely decentralized.
  • Account recovery
In case of a lost account, BankDex has the built-in provision, so users can recover their account.
  • Full Transparency
All the details of transactions are stored visible to everyone on the blockchain. BankDex Platform uses DAG that makes it impossible to tamper with trading transaction history.
  • Margin trading
BankDex enables margin trading for its users with the help of a protocol that provides the facility through smart contracts

Website: https://www.bankdex.io/
Whitepaper: https://www.bankdex.io/wp-content/uploads/2019/06/WHITEPAPER.pdf
Bounty0x ID: ecamli
submitted by ecamli to ICOAnalysis [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.

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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.

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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.

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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.

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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.

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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.

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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.

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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]

Where to Trade Crypto on Leverage/Margins: Over 20 Best Places

Right now, if you are looking to trade cryptocurrencies on leverage, you can opt to trade raw crypto or in CFDs. We found some of the best dedicated cryptocurrency exchanges offering crypto leverage/margin trading as Kraken, Poloniex, Huobi Pro, OKEx, CEX.io, Bitfinex, Coinexx, offering between 2x to 500x (2 times to 500 times). However, the most normal leverage range is 5x to 20x on most dedicated cryptocurrency exchanges including Kraken, Poloniex, Huobi Pro, OKEx, Bitfinex, CEX.io, with Bithumb Global set to launch full features later this year with 100x leverage, Coinexx offering 500x leverage, and Binance yet to launch the feature but having confirmed they will.
However, if you are looking for some of the best features when leverage trading crypto, plus if you want more leverages or multipliers, then cryptocurrency CFD contracts may be a better option for now, at WhaleClub, AvaTrade, Plus500, RoboForex (50x) and Evolve.Markets (50x), where leverages range from 10x to 50x or at Deribit (100x), XENA (100x), BitMex (100x), PrimeXBT (100x) and ADS Prime (500x) where leverages are in another entirely different level. All of these work differently from dedicated cryptocurrency exchanges above.
Otherwise below is a more detailed review of some of the main exchanges and broker trading platforms where you can trade different types of crypto either as real crypto or as CFDs in leverage.

https://www.cryptomorrow.com/2019/05/16/crypto-on-leverage-margins/
submitted by eqariu to Bitcoin [link] [comments]

The Growth Of Crypto Exchanges

The Growth Of Crypto Exchanges

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Bitcoin was created in 2009, since then a whole industry has emerged around it. One major group of players in the industry are the crypto exchanges. Even though it did not roll out in 2009 with Bitcoin, this sector is responsible for a lot of the development that has happened around Bitcoin and crypto. By taking a look at the growth of crypto exchanges, you will understand how the entire industry has evolved.
First of all, let us consider the existing crypto exchanges and how they have evolved over the years. Here is a list of some of the major exchanges and their launch dates (year):
Exchange Launch Dates (By Year)
  • 2010 – Mt Gox
  • 2011 – BitPay, BitStamp, BTC-e, Kraken
  • 2012 – Bitfinex, Coinbase, LocalBitcoins.
  • 2013 – Bitcoin Suisse AG, BitGo, BitMain, BitPesa, Bittrex, CEX.IO, Coinfloor, Huobi, ShapeShift.
  • 2014 – BitMex, Coincheck, OKEx, Xapo, Poloniex, KuCoin
  • 2015 – Bitwala
  • 2016 – BuyUcoin
  • 2017 – Binance
The above list is not exhaustive, however, a closer look at it reveals a trend that has been key to how Bitcoin has developed over the years. This trend, which coincides with the growth of crypto exchanges reveals how important that singular sector has become in the life of Bitcoin and cryptocurrencies.
2013 Was an Important Year in the History of Cryptocurrencies
The year 2013 has the highest number of new exchanges that came to life. This is the year that we can attach to the initial boost in the awareness of Bitcoin. Even the infamous Mt Gox, which started in 2010, became very popular in 2013. By this time, it was handling over 70% of all Bitcoins worldwide.
Bitcoin’s first attempt at the $1,000 mark was also in 2013. It was after this rise that it entered into the first crypto winter which lasted until the second half of 2016. That was when the biggest boom kicked in, dragging us through 2017 until an all time high price was achieved in January 2018.
A lot of other exchanges that are not listed above have also come into existence, especially after the 2017 exceptional price surge. Having coincided with the ICO boom era, the price surge happened when many projects were still in incubation. Among them were also a lot of exchanges.
New Generation Exchanges
Between 2017 to date, what we will choose to call a new generation of exchanges have made their presence known and contributed to the growth of crypto exchanges. Some of them include LAToken, Shortex, Bitforex, BitMax and many others. What these exchanges have been able to achieve is expansion in the industry and increased accessibility to users across the globe.
As many as they are, even as their primary goal is to provide access for users in the industry, the kind of services that the exchanges provide vary. It is the uniqueness of their services that determine the class of customers that particular exchanges attract. Some of them offer margin trading services, while others don’t. Some are strictly cryptocurrency exchanges, while others allow fiat transactions. The variations are too numerous to mention and can be confusing to users at times.
The good thing today is that platforms like tap have found solutions that harmonize the activities of the numerous exchanges and allow users to access them from a single point. Be it crypto-to-crypto trading, or crypto-to-fiat transactions, all can be executed on fiat.
The crypto-enabled transactions and other related services that tap offers cannot be exhausted in this post. However, it is interesting to note that for traders, or those who make use of the tap prepaid MastercardⓇ, the platform ensures that the best prices are provided for them. This is achieved through a software that scans through multiple exchanges to select the most competitive price whenever a trade or transaction is initiated.
Innovations such as this, and many more that we are seeing today all contribute to the growth of crypto exchanges and the expansion of the industry at large.
https://www.tap.global/the-growth-of-crypto-exchanges
submitted by OliAustin101 to Cryptochillout [link] [comments]

Bitcoin Cash: A Reflection on How Far We’ve Come

On August 1, Bitcoin resumed its original roadmap, scaling on-chain towards global adoption as Peer-to-Peer Electronic Cash.
It’s been just 3 and a half months since Bitcoin Cash broke away from BTC in order avoid a software mutation called Segwit, and to restore progress and growth to the ecosystem.
After a recent price rally that saw us reach 0.5 BTC ($3000), the reality is setting in that an overnight ‘flippening’ scenario that some people hoped for is unlikely, and that we have a longer road ahead.
It’s really important to remember how much has been achieved in such a short time.
Let’s take a moment to reflect on how far we’ve come as a young community.
July:
August:
September:
October:
November:
This rate and scale of industry adoption is unprecedented.
With every BTC holder receiving an equal amount of Bitcoin Cash, and with the price over $1300, the rate and scale of user adoption is unprecedented.
With fast, reliable transactions and fees that are less than 1 cent, and with both BitPay & Coinbase hinting at a full Bitcoin Cash integration, the rate and scale of merchant adoption will be unprecedented.
With unprecedented industry, user and merchant adoption, it’s only a matter of time until Bitcoin Cash becomes the default medium of exchange and store of value cryptocurrency.
The old Bitcoin is back. You can feel it. It’s the resurgence of a grassroots movement not seen for years. People are putting Bitcoin Cash posters in the streets, handing out leaflets, tipping strangers a few dollars online, and asking in forums how they can contribute to the community.
Just in the last couple of days a ‘Bitcoin Cash Fund’ was established, to assist with marketing and projects. The initial goal was $200 to make a short animated advert, but over $17,000 has been donated already. All of this positivity and energy is inspiring.
While businesses are being forced to abandon BTC due to exorbitant and skyrocketing fees (upwards of $10), they’re being cheered on every day as they embrace Bitcoin Cash.
The original vision is still alive. As an early bitcoiner, I’ve never been more optimistic.
Make sure you involve yourself in the community, we’re just getting started :)
Reddit: BTC or BitcoinCash
Twitter: twitter.com/BITCOINCASH
Website: bitcoincash.org
Dev: Mailing List
Also posted on Yours: Bitcoin Cash: A Reflection on How Far We’ve Come
submitted by cryptomic to Bitcoincash [link] [comments]

A Brief Guide To Dent

Hi People, Here is the last call before DENT take-off.
As a quantitative trader, I know that trading is a disaster for the ones who does not know what they are doing. Trading is a business, not a casino, if you do not have a well tested system where you know your odds, do not put your hard earned money into the exchanges, not only for cryptos but also for other assets like FX. stocks etc.
So, my advise to people who are interested in cryptos is not to day trade, never, you will fail. Do your research, find an undervalued coin, invest in it and wait. Do not panic and sell in every bottom or spike, keep cool. Sell when market cap is where you think it should be in the medium term.
In this post I will try answering the following questions on DENT:
  1. WHY I HAVE INVESTED IN DENT?
  2. THEIR PARTNERSHIPS
  3. HOW TO BUY?
  4. MINING
  5. PRICE PREDICTION
  6. WHO OWNS HOW MANY DENTS as of 13th Dec 2017
**WHY DENT:
Strategic reasons:
There is no second hand mobile data market in place at the moment.
They are challenging a clear inefficiency in the mobile data market, which is lack of flexible and cheap cross border and/or cross operator agreements between telcos in most of the world.
Dent's target segment is clear, low income people in emerging markets mostly with prepaid cards. There is big cross border low income labor mobility in most parts of the globe.
They have agreements with good data aggregators like Aquto and U2opia that have agreements with almost all telco operators and millions in their client base.
Check this out: https://www.dentwireless.com/pr
Mobile data market is growing.
Dent has a big scaling potential unlike niche Blockchain solutions, positioned and promoted correctly, it can go up to 10m+ customers easily.
Offering can be extended to Internet of Things, Mobile Advertising etc.
If this initiative can be converted into a global mobile data exchange, I can not imagine the scale.
Tactical reasons:
Market cap is at USD 20M.
2018 roadmap has been published, not that solid but promising.
Mobile app for IOS will be out in two weeks for US and Mexico markets.
Android app will be out in 1q 2018.
Unsold coins will be released back to the company to be used with in the business model, these can not go back to the exchanges, so exchange traded supply is fixed.
Dent is a marketplace for buyers and sellers of data, so as the business develops, prices on the exchanges will rise.
Profit potential:
Traded in Hitbtc, EtherDelta and Coinrail with very low volumes now, it will probably start moving in two weeks with the mobile app launch.
After some customer acquisitions and the initial spin of the wheel, public interest and volumes will grow and new exchanges will come I assume in 2q 2018, this is when the big move should start.
With USD 20m market cap now and looking at market caps of coins with comparable industry offerings, I see good profit potential in 2018 given very good marketing promotion.
Feedback to Dent Team:
It is all about execution, Dent team should improve on a couple of points,
Website should be oriented around the solution and needs a fancy design.
Marketing promotion on digital channels should be kicked off.
Community should be managed in a more pro-active manner, social platforms needs to be leveraged more with increased responsiveness.
The gap between the specifics of the business model and the high level White Paper needs to be breached.
Investor relations needs to be structure to ease concerns of exchange traders, there is too much noise.
**PARTNERSHIPS:
Dent is as real as Ethereum and Bitcoin. Even more as it is challenging a big inefficiency in the mobile data market. SECOND HAND MOBILE DATA>
Partnerships are with well known data aggregators like Aquto in North and South America and U2topia in Asia. I think direct agreements with telcos is not a necessity at the moment as these aggregators already have those agreements and millions in customer base.
Check for the list of DENT partners:
https://www.dentwireless.com/pr
For more details on u2opia, check out this announcement:
http://media.u2opiamobile.com/blog/u2opiadent
**HOW TO BUY:
Dent is traded in Ethereum markets. Put your money via Cex.IO, Coinmama or other platforms, buy Ethereum, open an account in the most liquid exchange for Dent, which is Hitbtc, send your Ethereums and buy DENT.
Do not try to send them to your personal wallet for a while as Dent is an ERC20 token and ERC20 transfers are taking very long to complete globally due to Ethereum network clogging these days, so just keep them in the exchange for some time.
**MINING:
Dent can not be mined.
**PRICE PREDICTION:
I think it has a potential similar to Stellar Lumens and Populus as they are large scale applications challenging big industries. Let me be the oracle for a minute: - Mobile app launch on 18th Dec 2018 + 4 days for validation, Dent goes up to 0.000025 ETH - Then a correction comes and moves slowly up and down until mid January - With the first data of Mobile Transactions and sentiment, if it is good, Market cap moves to USD 200M - A correction comes, a new rally starts with android app release - If customer base grows well, market cap USD 500m in 2q 2018 and over 1bln in 4q 2018.
**WHO OWNS:
DISCLAIMER: THIS IS MY GUESS LOOKING AT ETHERSCAN DATA, WHITEPAPER and OWNERS Q&A.
1 DENTWIRELESS 29.029.183.987 - 29.0292% This is the company stock
2 DENTWIRELESS 14.984.139.068 - 14.9841% This is the 1st chunk of quarterly release back to the company
3 DENTWIRELESS 14.984.139.068 - 14.9841% 2nd chunk
4 DENTWIRELESS 14.984.139.068 - 14.9841% 3rd chunk
5 DENTWIRELESS 14.984.139.068 - 14.9841% 4th chunk
6 BIG INVESTOR 1.111.822.451 - 1.1118%
7 HITBTC 595.312.957 - 0.5953% This is what traders have in Hitbtc, it has increased 200% in the last four days, an indication of ICO buyers transferring to the exchange to sell, this shows it will go up faster after a certain level which I will not tell to get rich faster than you.
8 ETHERDELTA 291.861.589 - 0.2919%
9 I CAN NOT GUESS 258.443.988 - 0.2584%
10 BIG INVESTOR 252.480.000 - 0.2525%
Total supply 100.000.000.000 In Circulation 10.600.000.000 Exchane Traded around 1 billion as of now
No worries, circulating supply will not increase, this is good. Company owned supply is for business operations.
****UPDATE: 20 Dec 2017, market cap is USD 100m now:) We made more than 10x in 3 days. I hope you have invested.
****UPDATE: 25 Dec 2017, cap is 350m:)
****UPDATE: EXCHANGE DENT vs MOBILE APP DENT clarification below
App and exchanges are two different worlds for two different segments of people.
In the App world, there are 90bln DENTs. App is for trading data (buy, send, sell) and DENT is the medium. This is for a Mexican worker in the US sending data to his wife in Mexico. This is what he cares. He does not care DENT price, he cares USD price of data. This guy does not buy DENT to make money.
In the Crypto world or in investor wallets there are 10bln DENTs. Crypto world is for us, investors and traders. You buy DENT for its expected future value, like you buy Apple Stock. This has nothing to do with the app in general, with two exceptions I will explain.
Price of DENT in the app is crypto world (exchanges) price plus a margin. So real price is always set at the exchanges. Exchange traded DENT(circulating supply of 10bln) can not increase, so you can not transfer DENT to the exchanges from the app, but you can do the opposite.
If you want to send data, buy it on the app, if you are a trader or an investor, buy it on the exchanges.
Only TWO practical intersections between exchange DENT and app DENT are
ONE: you can send DENT to the app from the exchange and buy data, as DENT appreciates, you can buy more data
TWO: app price of DENT is exchange average plus a margin
****UPDATE: A simple Equation on DENT price in the app.
Dent price on the app = Dent price on the exchanges + a margin. So app price is dynamic and indexed to exchange price.
Say, 1 DENT = 1 USD = 1 GB today. If DENT price goes up to USD 2, this equation becomes 1 DENT = 2 USD = 2 GB.
Appreciation of DENTs price means you can buy more data with one DENT, it does not mean that dollar price of data is going up.
submitted by mdeihlmeekt to dentcoin [link] [comments]

KCN News: Margin trading for BTCUSD and ETHBTC by CEX IO Margin trading on CEX.IO with USD & Bitcoin CEX.IO BROKER - Trading Terminal Guide CEX.IO BROKER - Trade with up to 10x leverage on BTC, ETH How to Deposit to CEX.IO BROKER

However, more orders types and risk management instruments are available on the margin trading platform CEX.IO Broker. Overall, CEX.IO's trading platform appears to be a good choice for beginners that want to manage their orders to suit the market conditions. Meanwhile, pro traders could find APIs and the platform for margin trading attractive Margin trading. Trade with leverage as high as 100x. Trade now. CEX.IO Staking. Earn by simply holding coins on CEX.IO. Learn more. Buy crypto with a card. Own crypto in minutes using your card. CEX.IO Broker is a platform for digital assets margin trading based on Contracts for Difference (CFDs). Get the power of professional trading tools combined with a simple interface and top-level security. The How: how you get started with margin trading on CEX.IO Broker; The Why: why numbers in the trading terminal work the way they do. Plenty of examples, gifs, and images will familiarize you with CEX.IO Broker. So it’s OK if, at first, the trading terminal is a bit intimidating or confusing. Cex.io margin trading platform(Cex.io broker) Cex.io is perfectly suitable for the beginner who is willing to invest in the crypto right way. Regular Cex.io liquidity is not enough for the professional traders, therefore Cex.io has created the margin trading platform for digital asset trading based on the contract for difference (CFDs).

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KCN News: Margin trading for BTCUSD and ETHBTC by CEX IO

Margin trading on CEX.IO with USD & Bitcoin - Duration: 9:16. Blue Cryptos 12,924 views. 9:16. Cex.io - How To Register Verify And Buy Bitcoin With Cexio - Duration: 11:47. We have prepared a brief overview of CEX.IO BROKER trading terminal: how to use trading instruments and drawing tools, open positions and review trading history. See more at https://cexbro.com ... To start live trading on CEX.IO BROKER (https://cexbro.com), you need to fund your account. There are two options to do that: 1. Transfer funds from your CEX.IO account. 2. Deposit to your CEX.IO ... CEX.IO BROKER is a platform for cryptocurrency trading via CFDs (contracts for difference) featuring a variety of orders types, technical analysis instruments and advanced trading tools. ----- Margin trading on CEX.IO with USD & Bitcoin https://cex.io ----- my steemit account https://st...

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