Buy bitcoins using Paypal from binance-PRO - LocalBitcoins

This is it! Bull run is here....

Huge waves have been this month in the bitcoin market.
Companies such as Greyscale, Square, Coinshares, and more purchased almost 7 billion worth of bitcoin.
Paypal started supporting Bitcoin and other cryptocurrencies.
If this isn't enough to convince you to about bitcoins legitimacy then I am not sure what is.
This is the time to get into Bitcoin!
Want to store bitcoin? Try...
Hardware: Ledger, Trezor,
Desktop: Electrum, Exodus
Mobile: MyCelium
Want to buy bitcoin? Try...
Exchanges: Coinbase, Kraken, Binance, Bitstamp, Bitpanda, WazirX
P2P: LocalBitcoins, Paxful
Bitcoin ATM
Want to accept bitcoin payments on your website? Try...
CoinPayments, Blockonomics, Coingate, BTCPay Server
Want to create bitcoin invoices? Try...
Blockonomics, Crypto Invoice

Some safety measures to take care of when dealing with bitcoin.
submitted by primalfabric to Bitcoin [link] [comments]

This is it! Bull run is here....

Huge waves have been this month in the bitcoin market.
Companies such as Greyscale, Square, Coinshares, and more purchased almost 7 billion worth of bitcoin.
Paypal started supporting Bitcoin and other cryptocurrencies.
If this isn't enough to convince you about bitcoins legitimacy then I am not sure what is.
This is the time to get into Bitcoin!
Want to store bitcoin? Try...
Hardware: Ledger, Trezor, Coldcard
Desktop: Electrum, Exodus
Mobile: MyCelium
Want to buy bitcoin? Try...
Exchanges: Coinbase, Kraken, Binance, Bitstamp, Bitpanda, WazirX, Gemini
P2P: LocalBitcoins, Paxful, Bisq
Bitcoin ATM
Want to accept bitcoin payments on your website? Try...
CoinPayments, Blockonomics, Coingate, BTCPay Server
Want to create bitcoin invoices? Try...
Blockonomics, Crypto Invoice

Some safety measures to take care of when dealing with bitcoin.
submitted by primalfabric to CryptoCurrencies [link] [comments]

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

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

Popular Exchanges

eToro
Coinbase
Coinmama

Buy Litecoin with Credit Card or Debit Card

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

Coinbase

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

Coinmama

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

BitPanda

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

CEX.io

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

Buy Litecoin with Bank Account or Bank Transfer

Coinbase

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

BitPanda

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

CEX.io

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

Binance

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

Get a Litecoin Wallet

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

Other Methods to Buy Litecoin

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

Buy Litecoin with PayPal

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

Buy Litecoin with Cash

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

Buy Litecoin with Bitcoin

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

Buy Litecoin with Skrill

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

Cryptmixer

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

Buy Litecoin with Ethereum

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

Cryptmixer

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

Poloniex

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

ShapeShift

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

Frequently Asked Questions About Buying Litecoin

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

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

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

How much is a Litecoin worth?

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

How do I buy Ripple (XRP) with Litecoin?

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

How long does Litecoin take to confirm?

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

How many Litoshis make one Litecoin?

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

Where do I store Litecoin?

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

When is the Litecoin halving?

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

Why can litecoin take so long to buy?

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

How do I buy Litecoin with Paypal?

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

Can you buy partial litecoins?

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

Can you sell litecoin?

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

Can anyone buy litecoins?

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

Which payment method is best to use?

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

Is it better to mine or buy litecoins?

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

What should I do with my litecoins once I buy?

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

How To Buy Bitcoins From Localbitcoins.com

How To Buy Bitcoins From Localbitcoins.com
How To Buy Bitcoins From Localbitcoins.com

How To Buy Bitcoins From Localbitcoins
LocalBitcoins is one of the trusted bitcoin trading platforms for peer-to-peer marketplaces. LocalBitcoins accepts over 60 different payment methods.
Any individual can buy bitcoin either online or in-person using LocalBitcoins. It seems to be an alternative to major bitcoin exchanges such as Binance and Kraken.

Escrow

LocalBitcoins puts the amount of bitcoin being sold in escrow.This escrow system, prevents your money from losing once you paid and provides your money, the complete security on bitcoins purchase time.
This feature is currently applicable only for the online trades and not allowed for local trades, where you meet someone face-to-face.
Most Trusted Payment methods on LocalBitcoins
Below listed are various modes of payment on Localbitcoins
  • Prepaid debit cards
  • Cashier's checks
  • Credit cards
  • venmo
  • Google Wallet
  • Paypal
  • Moneygram
  • Xoom
  • Wire Transfers
  • Western Union
  • Postal orders etc.,
How To Buy Bitcoin On LocalBitcoins
Here’s step by step procedure stated on how to buy bitcoin using LocalBitcoins, they are

Step 1: Open LocalBitcoins website

Initial step open the local bitcoin website, and make sure once that you opened the original website and not the website launched by scammers with the fake version
Step 2: Create an Account
Go to https://localbitcoins.com/registe
You get a free and secure online bitcoin wallet.
No additional apps are needed
If you already have a LocalBitcoins account, you can skip this step

Step3: Select an advertisement

From the advertisements list choose any one of the traders who have a good reputation score and a high amount of trades.
You can also check this from response time indicator shows, it clearly indicates you the status in different colours.
Green Colour: If a trader replies within five minutes
Yellow Colour: If trader replies within 30 minutes
Grey colour: If the trader replies slower than 30 minutes .
Additionally you can also click the 'Buy' button to view more information about an advertisement.

Step 4: Choose a payment method

Carefully select any one of the payment methods as listed above and press the buy button

Step 5: Pay the seller

Once you press the 'Buy' button you'll see more information about the advertisement, including the terms of the trade.
Read it all carefully before submitting the trade request, if you do not agree to trade with them, then you can go back to the previous page and choose another advertisement.
To start the trade, type in the blue box how much you want to buy, enter a message for the seller and click the Send trade request button to start the trade.
Be sure you're ready to pay when clicking the button, if you don't pay before the payment window is over, the trade will be automatically cancelled.
Step6 : Mark payment complete
If you are done on the payment, then click the I have paid button.
Once the trader has verified that your payment has been received your Bitcoin will be released from escrow and they are instantly available in your LocalBitcoins wallet.
And that's all you can successfully finish your first Bitcoin trade!
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submitted by stealthaccshop to u/stealthaccshop [link] [comments]

Bitcoin Gemini Exchange Review 2020

Bitcoin Gemini Exchange Review 2020
If you are planning to place assets into cryptographic types of cash like Bitcoin or Ether, in any case, you do not understand where to start, this Gemini exchange review will help you with choosing.
Gemini Bitcoin Exchange Review 2020
You need yourself to be a productive advanced cash intermediary. By what technique will you become? To help you here's an exchange review, which will give every one of you the low down information required for a powerful enthusiasm for one of the most trusted in stages the Gemini Exchange.
We should find all the more right currently review
Gemini Review :
About Gemini Exchange
Twin kin developed Gemini Winklevoss in the year 2014. The Gemini exchange is arranged in New York. The Gemini crypto exchange is open in essentially all US states, similarly as UK, Canada, Puerto Rico, Singapore, South Korea, and Hong Kong. In 2016, Gemini transformed into the world's recently approved Ether exchange.
It positions 82th greatest exchange on earth as showed by 24-hour volume on Coinmarketcap. While Gemini Bitcoin and Gemini Ethereum trading volumes are high, the exchange is endeavoring with all undertakings to fight with those stages offering a predominant piece of the cryptographic types of cash, for instance, Binance.
Reinforced Currencies
Gemini offers crypto to fiat portions and a BTC/ETH grandstand, which makes it a quick contender to any similarity to Coinbase, Bitstamp, and Kraken. At present, it is one of the most respected and ensure about exchanges open. This is in light of the fact that it has more features to help secure customers against developers. Also, it is one exchange for the CBOE Bitcoin future settlement. Gemini Mobile application is directly available, which is amazingly basic and versatile to use.
How to use Gemini?

https://preview.redd.it/qnowl19fwaj41.jpg?width=720&format=pjpg&auto=webp&s=1819eeac9d4c44681c0afe616d387b60a78f7c8e
1) Go to the official site and snap the "Register" tab on the upper right corner.
Enter your name, email address, and mystery word for your own record. While affirming your email address, it is critical to :
Affirm your email address and enter both your region and phone number, by then you can set up 2-Factor Authentication (2FA) which will be an additional layer of security to your record.
Incorporate your monetary equalization. Starting at now, Gemini recognizes simply bank moves and wires, as a methodology for putting away holds.
To check your record, move your organization ID proof. This will help you with executing and trade US Dollars. Moreover, it will help Gemini with as per the Bank Secrecy Act (BSA) and Anti Money Laundering (AML) rules. The affirmation time may run from a couple to a couple of days.
Subsequent to completing of all the above strategies, you can use your record for financing.
gemini crypto exchange
2) Deposit Currency
In the Menu, click Transfer Funds, by then find a good pace Bank Transfer and Exchange. Enter the whole you have to store here. Moreover, note $500 consistently is the most extraordinary most extreme for Bank moves.
3) Trading Bitcoin and Ethereum
As you store by methods for bank move, they are quickly available for trading. you can purchase by encountering the menu and picking your supported trading pair. For example, for Bitcoin BTC/USD similarly as Ethereum ETH/USD.
In the wake of embeddings the expense and sum it will process your buy demand. There is another choice to trade by methods for the business community which has exhibit orders gave by various customers.
After the fulfillment of your purchase, your record will be acknowledged with your Ethereum just as Bitcoin purchases. You can sell your computerized cash on the Gemini crypto exchange. Regardless of the way that you can't make a withdrawal until your bank move has been completely arranged.
gemini sponsor organization
4)Trading Limits
By and by, For most trade strategies, there are no limitations on trades. In any case, Automated Clearing House (ACH) moves have the greatest store most remote purpose of $500 day and $15,000 consistently for singular record holders. Associations have a state of restriction for making ACH stores of $10,000 consistently or $300,000 consistently.
Gemini Marketplace
There is a Gemini business focus that runs 24*7. Here, you can have indistinguishable number of solicitations from you wish to have, with a variety of trading choices. These include:
Market Orders – With the present best open worth, the solicitations here starting dealing with quickly against resting orders.
Purpose of repression Orders – The sum is filled at or better than a given expense. The sum which isn't dispatched lays on the solicitation book diligently until it is filled or dropped.
Brief or Cancel (IOC) Limit Orders – The sum is filled at or better than a given expense. The sum which isn't filled rapidly is dropped and doesn't lay on the perpetual solicitation book.
Maker or Cancel (MOC) Limit Orders – The sum lays on the solicitation book continually at a foreordained expense. Furthermore, the entire solicitation is dropped if there is any sum that can be filled immediately.
All solicitations made on this stage are totally sponsored and fill in as a full hold exchange. In any case, there is no edge trading Gemini. Despite that, reliably the customer's record equality should have more balance than the exceptional excitement on demand books. Also, all open solicitations decline your available leveling until they are fulfilled or dropped
Gemini Fees
In the event that there ought to be an event of moves, Gemini crypto exchange has a low cost technique and stage customers can store Bitcoin, Ether, at freed from charges for both bank and wire moves. In any case, banks will charge a cost for the customers to wire money to their Gemini account. Withdrawals on the stage are free and all customers will have 30 free withdrawals for each calendar month.
Any withdrawals more than this total will pull in costs comparable to the mining charges payable on either sort out. The costs are around 0.001 BTC or 100,000 Satoshi per trade on the Bitcoin Network and 0 GWei or 0 ETH per trade on the Ethereum Network.
MakeTaker charges
0.25% is the trading costs for both sellers(makers) and buyers(takers). If it shows up at certain trade volumes, charges will be reduced. The maker charge is 0% for 30-day trading volumes that outperform 5,000 Bitcoin or 100,000 Ether. For a comparable trading entirety, the taker run after will bubble to 0.10%.
Gemini uses dynamic maker and taker charge or reimbursement timetable, and sellers can get reimbursement on liquidity-creation trades. The particular entireties depend upon net trading volumes and the buy and sell extent over a multi day time allotment. The data are adjusted as expected and more information on charges can be found here.

https://preview.redd.it/exgucn9gwaj41.png?width=225&format=png&auto=webp&s=34fc66d46df40444abcc9ac61308106b2e3f57c0
charges
Concerning purchases, the base purchase whole for Bitcoin is 0.00001 BTC, or 1000 satoshis, for Ether, the base sum is 0 .001 ETH
Security-at-Gemini
Bitcoin Gemini Reviews, is a strong exchange that has a better than average reputation in everyone. The exchange goes about as a way into the universe of cryptographic cash trading. This may be in light of the fact that various customers first quit concerning purchasing Bitcoin and Ethereum. In comprehension to Coinbase, Gemini has a near space. Wherein it allows its customers to make trade clearly to and from their records.
Gemini is a not too bad choice, for people looking to securely trade either Bitcoin or Ethereum. The exchange is a potential decision for new competitors to the market similarly as logically settled sellers who like to make trades by methods for their monetary adjusts.
Latest News
Dec 17, 2019: Well realized cash related pro association State Street picked Gemini exchange for the new propelled asset pilot adventure.
Nov 19, 2019: Gemini exchange wanders into NFT's and acquired Nifty Gateway Solution, a phase to buy Non-Fungible Tokens.
Nov 14, 2019: The exchange added Stop-Limit to the solicitations being executed on the stage.
Sep 11, 2019: Gemini dispatches Gemini Custody with 18 cryptographic types of cash
Sep 5, 2019: Gemini Clearing™, a totally electronic clearing and settlement answer for off-exchange exhibited by the stage
Aud 27, 2019: Gemini Joins the Silvergate Exchange Network
Aug 22, 2019: Gemini loosens up and reaches to Australia
April 15, 2019: Gemini wallet support Segwit
Gemini Bitcoin Exchange Review
Rundown: How to Buy Bitcoins by means of Gemini
Register a record at Gemini and check email code sent to you.
Set up two-factor validation (2FA).
Give checked ID as a major aspect of the confirmation procedure.
Include ledger.
Store cash by clicking "Move Funds", "Store into Exchange" and afterward picking the sort of bank move.
Snap "Purchase" catch and round out the buy structure to get BTC.
Is Gemini Safe?
Gemini is extremely worried about its clients' wellbeing, in this manner it utilize three arrangements of security...
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Gemini Comparison with Other Exchanget
To exchange bitcoins you have to initially peruse and think about various BTC trades...
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In Which Countries Is Gemini Available?
You can arrange bitcoins through Gemini nearly in any nation, yet discover where you can't...
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Guide: Buying BTCs at Gemini
It is anything but difficult to purchase bitcoins on Gemini trade, knowing the essential standards and prerequisites...
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FAQ
Discover to what extent the exchange takes, how to pull back BTCs and what strategies for...
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Practically equivalent to Bitcoin Exchanges
We have arranged a rundown of trades, notwithstanding Gemini, that can assist you with requesting bitcoins...
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With developing worth and system, bitcoin is ready to turn into the main online resource in the realm of ventures.
Gemini bitcoin trade survey
This article is worried about one of the most well known trades with regards to BTC exchange, Gemini.
What Is Gemini?
Gemini is one of the realized digital money trades that offer an assortment of exchange apparatuses for speculators that have some involvement with the business. The organization that claims the stage is enrolled as LLC in New York State, USA, offering USD to BTC and USD to ETH exchange trade.
Purchase BTC at Gemini
Propelled in 2015, Gemini offers two unmistakable commercial centers, them being:
customary trade administrations;
bitcoin barters.
Upon its appearance, the stage offered its administrations in the US just, bit by bit including different nations all the while. The organization is possessed by the Winklevoss twins, who guarantee that they are have about 1% of the complete BTC volume.
Winklevoss siblings are Gemini's proprietors
Gemini Security
With regards to the wellbeing of your assets, Gemini applies three arrangements of safety efforts that should be referenced. To start with, the stage applies advanced money safety efforts by offering hot and cold stockpiling wallets, where cold wallets have multisig capacities to forestall hacking endeavors at your equalizations.
Gemini security
The subsequent measure is identified with the exchange where the entirety of the exchanges at Gemini are led through pre-financed accounts, implying that merchants and purchasers can't post orders on the off chance that they don't have adequate BTC or fiat monetary forms in their parities. Finally, the site security comprises of two-factor verification (2FA) and HTTP encryption of all data in regards to merchants and stage's exchanges from outsiders.
Accessible Payment Methods
As of now, Gemini acknowledges stores communicated distinctly in ACH (for US dealers) and wire moves (for every other person) communicated in USD. Credit or check cards, money stores, PayPal and numerous different alternatives are wanted to be remembered for the future however are not accessible at the present time.
Buy bitcoin by means of wire move
You ought to buy in to the Gemini news source since the organization will promote the new store strategy through that channel of correspondence.
Shouldn't something be said about Fees?
While saving or pulling back your assets communicated in fiat or computerized monetary forms, dealers would find that the administrations are done totally free. Then again, Gemini charges exchange expenses are charged dependent on a month to month net exchange volume. Taker charges can extend from 0.15% to 0.25% while creator expenses from 0% to 0.25%.
Expenses at the trade
Does Gemini Have Limits?
Cryptographic money and wire stores and withdrawals don't have any constraints forced on dealers, implying that in the event that you utilize the said administrations, you can buy, sell and pull back bitcoins with no deterrents. Singular American financial specialists utilizing ACH move, then again, have $500 every day and $15.000 month to month while institutional individuals have $10.000 day by day and $300.000 month to month store limits.
No restrictions for purchasing bitcoin
Gemini Comparison
When thinking about exchanging at any trade, you should hope to analyze the administrations, expenses and impediments with other comparative stages. In this manner, we have assembled an examination investigation where we benchmarked Gemini against two other well known decisions with regards to BTC buy: Kraken and Coinbase.
Gemini versus Kraken
Kraken, much the same as Gemini, acknowledges bank moves just, with the significant contrast being that Kraken permits 5 fiat cash stores. Notwithstanding bitcoin, there are 14 more altcoins that you can exchange with at Kraken while the two trades force check on their customers as they are both controlled organizations.
Gemini versus Kraken
Kraken is fundamentally the same as Gemini as far as expenses, as creatotaker charges go somewhere in the range of 0% and 0.26%. Bank moves do accompany little expenses at Kraken while Gemini acknowledges stores for nothing. In conclusion, while Gemini exchanges two or three nations in particular, Kraken is all around accessible.
Coinbase versus Gemini
Coinbase is viewed as one of the biggest bitcoin suppliers on the planet, offering its administrations in 32 nations, USA notwithstanding. The installment strategies at Coinbase are PayPal, bank moves and credit/check cards, two more than Gemini.
Request bitcoins by means of Coinbase trade
Confirmation is an absolute necessity have at Coinbase, much like in Gemini while expenses are a ton lower at Gemini, as you pay between 1.49% to 3.49% from exchange's an incentive at Coinbase. The two trades offer BTC vaults and wallet administrations while Coinbase additionally exchanges with Litecoin which are inaccessible at Gemini.
Gemini BTC Exchange in Different Countries
Gemini's administrations are accessible in a bunch of nations around the globe, them being the US (5 states not upheld), Canada, Japan, South Korea, Hong Kong, Singapore and the United Kingdom. The five US expresses that are not bolstered are Alaska, Arizona, Hawaii, Oregon and Wisconsin.
Gemini trade in various nations
Is It Legal?
Gemini is an American LLC that adheres to New York Banking Law guidelines, actualizing BSA (Bank Secrecy Act) and AML (Anti-Money Laundry Compliance Program) arrangements, implying that customary reviews of the BSA/AML programs are being executed. Moreover, the firm requires all merchants to have reserves pre-saved before the exchange.
Bitcoin Gemini Price, is legitimate
Another significant factor of the stage's lawfulness is the way that since its beginning, Gemini has promptly accessible money related report dating 7 years back.
Does Gemini Support Its Customers?
Concerning the client service, Gemini has a thorough FAQ page where a large portion of the exchanging questions have been replied. Notwithstanding the FAQ, you can likewise top off a shape and present a solicitation to the Gemini group with respect to any issue that you may look on the stage.
Gemini client service
Because of the regular upkeep of the site's administrations, Gemini has a "Status" page where financial specialists can see which administrations and API instruments are working right now and which are definitely not.
Manual for Buy Bitcoins from Gemini
When you have gotten the cash at your Gemini account, click "Purchase" button on the dashboard page.
Buy page for bitcoins at Gemini
Presently, round out the structure on the right, giving request type, volume or estimation of BTC you wish to get and click "Purchase" to get bitcoins in your record immediately. Try to check the BTC cost at the upper left piece of the "Purchase" page to ensure it has not changed at the time you have begun the buy procedure.
Enrollment
It is totally allowed to enroll a record at Gemini bitcoin trade and the procedure begins once you click "Register" button at the upper right corner of the site. Give your complete name, email address and secret key in subsequent stage and snap "Make My Account".
Make account at Gemini
You will get an email code which you should duplicate glue into the Gemini's check page.
Contribution of enactment code on Bitcoin Gemini Registration
The accompanying advances will open up for you to finish, in this way you have to arrangement your 2FA security apparatus, include a financial balance and give checked ID to finish the enrollment methodology.
To what extent Should I Wait for Verification?
Check stage can take between an hour and a day, contingent upon various enlistment applications Gemini has right now you have begun the procedure. You ought to set up every single essential report before you start and arm yourself with persistence as a stage would set aside effort to process your data.
Confirmation process at Gemini
Would you be able to Get Bitcoins Without Verification?
At the enlistment page, you are required to check your personality and frog your financial balance. When you have presented the records, you can't enter the stage's exchange page until the help affirms your subtleties. In this way, it is unimaginable to expect to buy supply of bitcoins without confirmation.
Obligatory confirmation before purchasing BTCs at Gemini
How to Add Money to Account?
When you have finished the enrollment and confirmation of your record, click button "Move Funds", situated in the top segment of your dashboard page. In following stage, click "Store Into Exchange" and pick either USD or Wire alternative, contingent upon what financial balance you have included at enrollment stage.
Add assets to Gemini account
You can likewise store bitcoins in your Gemini wallet too.
Store BTCs in the Gemini wallet
At the last phase of wire move subsidizing process, you have to give bank's wiring data, for example, your record number and other significant data that can be found by clicking "Bank Settings".
Give bank's wiring data
When data has been given, basically click "Store" button which will show up at the base of the page.
Secure Your Account
Keep the entirety of your record and wallet passwords out of the programmer's compass by continually evolving them. Monitor the new secret key by keeping in touch with them down on a bit of paper as to not overlook them meanwhile.
Record with 2FA on trade
You as of now have 2FA from the enlistment stage and don't give your private data to some other dealer on the stage.
FAQ
To what extent Does It Take to Make Transaction?
It takes 4 to 5 days to store assets in your Gemini account while exchanges themselves are done following you the exchange started. Diverse request types have distinctive length, contingent upon what dealer wishes to accomplish.
Sitting tight for exchanges on the trade
Would i be able to Buy Bitcoin with PayPal at Gemini?
Now, brokers can't utilize PayPal as store technique at Gemini. You ought to buy in to the trade's news channel as to get warnings if the strategy opens up to store alternative later on.
Does Gemini Have a BTC Wallet?
The stage offers two kinds of wallet administrations, one being "hot" wallet and another being vault stockpiling. Both are based just, with the principle contrast being that vault stockpiling gives extra security keys that are utilized while moving bitcoins all through the wallet. Along these lines, vault administrations are esteemed as more secure than the standard BTC wallet.
Gemini wallet
Pulling back Your Bitcoins from Gemini
At the dashboard page, click "Move Funds" and afterward "Pull back From Exchange" to begin the procedure. Pick bitcoins to continue towards the withdrawal structure. Determine the measure of BTC you with to escape the trade and give your wallet address. Snap "Survey Withdrawal" and check the data. When you are fulfilled, click "Affirm" to end the procedure. Your coins will show up inside 24 hours to your ideal area.
Pull back BTC from Gemini
Instructions to Order BTC with Credit/Debit Card at Gemini
As with PayPal, it is preposterous to expect to buy bitcoins with the assistance of credit or charge cards at Gemini, since the choice isn't accessible right now. Stay aware of trade's news and declarations as the CC/DC choice may open up later on.
Gemini Mobile App
Portable stages are yet to be created by Gemini, implying that exchange is accessible on perusing stage as it were. Watch out for the declaration, as the organization may make the push towards telephone exchange not so distant future.
Purchase BTC just on Gemini perusing stage
Gemini Analogs
Aside from Gemini, we at BitcoinBestBuy have checked on numerous different stages that can assist you with getting bitcoins effectively and securely. They all change regarding local accessibility, expenses, buy strategies and confirmation necessities, so make a point to check different articles also.
Get BTC at digital money stages
Coinbase Exchange Review
Being one of the biggest BTC exchanging stages the world, we made a survey of their charges, store choices and other important data with respect to the trade. We have likewise given bit by bit controls on the best way to buy and pull back assets and coins from Coinbase.
Coinbase survey
Full Review Coinbase Bitcoin Gemini Exchange
Find out About Kraken
Kraken is another trade that offers bitcoins through bank moves and its administrations are all inclusive accessible. We made a survey of Kraken's advantages and disadvantages, giving our customers a diagram of the trade as far as expenses the organization charges, check prerequisites and buy procedures of the stage.
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https://www.facebook.com/events/282310836080639/
submitted by cryptoerapro to u/cryptoerapro [link] [comments]

Pseudo-bank [Revolut] has frozen my last salary deposit. Possible actions?

First off, I want to acknowledge that my situation is, to say the least, "convoluted". Also, by "pseudo" I'm not saying that in a derogatory way. Revolut is not a bank.
I am:
A German national.
Living in South America (I move - used to - a lot, but have staid here for a while because family)
Working for a UK based company (Been working with them 12 years).
My current banking solution is, as stated, UK based.

Almost 2 years ago I opened an account with Revolut and have been useing it since. I also have an account in a Spanish bank, but switched it to Revolut because it's been a pain to keep it open (I still do, but it's currently frozen and will probably get closed due lack of use).
Early this morning I received my salary deposit, and it said something to the tune of "This deposit is under review" and when I open the app it shows as pending.
Besides my salary, I receive a monthly transfer from my Paypal account that originates in Airbnb, but is a fraction of what my salary is (Say, around 1/6 of my income is Airbnb). I also have topped the account a few times with my Spanish and Argentine credit cards.
Finaly, due to the characteristics of the country in which I'm currently living, for the past 2 months I've been transfering almost all my salary to a bank account that belongs to Binance, a crypto exchange (As the best way to enter the money in this country right now is bitcoins). Before Binance I'd use Localbitcoins, but stopped using it because my account was locked once when doing a transfer (It was unlocked almost immediatelly after I contacted support, explained what was that transfer about and provided proof of the operations). Ever since I opened the Revolut account I've been doing this (I did it before, as well, with my Spanish bank account). I don0't keep any of the bitcoin I buy, I convert them to local money immediately.

Now, his is a company out of which it's very difficult to get some response from, and would like to know what are my option here, if any.

I couldn't get any information from the chat person about why the account is frozen. I provided them with my last 3 invoices to the company I work for. I have my work email registered in the app, and if you google my name with the company name there are only a few matches for it, being the first my LinkedIn profile (I suggested the support person to do that).

There are a few questions I'dlike to know th answer of:
What information can I request from them regarding the blocking? Are they supposed to give me any, are there any regulations regarding this?
For how long can they have the deposit frozen?
Can I ask them to transfer the money elsewhere, or to reject it so the money gets back to my company? (In which case I'll see how to move from there)

As this is my salary, is there any fast way in which I can ask them to resolve this issue?
https://blog.revolut.com/why-has-my-account-been-locked-and-how-to-regain-access/
They have provided me with that page; Basically they say that they are complying with FCA regulations, and also that the locking is automatic. Is there any regulation from the FCA that could help me unlock my account?
The only way they provide support is via the chat feature of the app; aren't they mandated to provide other means of support?
Also, as this is the UK, if thighs go south can I use the GDPR to get from them whatevere info they have regarding what was it that fired their automated systems?

Thanks for the replies, and apologies upfront if this isn't the correct subreddit to ask about this.
submitted by etylback to LegalAdviceUK [link] [comments]

Best cryptocurrency exchanges in India

Hoping to purchase bitcoin in India? or on the other hand scanning for best crypto trade in India? Here is the rundown of some operational cryptographic money trades as yet working where clients can purchase and sell bitcoin (+ Altcoin) in India. In the event that you are searching for the best digital money trade in India to purchase Bitcoin then there are just a couple of trades permitting store and withdrawal in Rupee also through distributed model.
These days, exchanging bitcoins and purchasing or selling them is developing in India. Different sites are offering these kind of bitcoin and altcoins exchanging administrations however just certain sites are sorted under the most-confided in classification concerning their simple use and fame. There are numerous Websites and Mobile applications to purchase bitcoin in India. Here is the finished rundown of Best Cryptocurrency Exchange In India (Bitcoin + Altcoins)
LIST OF SOME BEST EXCHANGES
  1. WazirX (Acquired recently by Binance)
  2. Paxful
  3. Bitbns
  4. Coindcx etc…
    WazirX is a newly launched cryptocurrency exchange, started trading from 8th March, aims to become the most trusted cryptocurrency exchange operating in India. It plans to launch a fully functional crypto exchange that will support different cryptocurrency pairs, WazirX has also introduced its own token, the WRX Coin, you can earn 100 Free WRX by joining this exchange. Recently, WazirX has been aquired by worlds largest exchange Binance. It offered a huge list of supported coins.
    Visit Wazirx exchange
visit Binance exchange

2.Paxful Founded in 2015, Paxful is a peer-to-peer exchange operating in India as well. It offers 300+ payment options to buy and sell cryptocurrency including Western Union, gift cards (Amazon, iTunes, Google Play), debit/credit cards and Paypal. It provides even local payments means such as PayTM and PhonePe for India. peer-to-peer.
submitted by Mahmood6692 to u/Mahmood6692 [link] [comments]

How can I buy Cardano (newbie) ?

Hi, I am from Brazil and I was wondering if is there a way to buy 50 USD in Cardano and really have the equivalent of those 50 USD? Because the bitcoin network tax is already 0.001 BTC, then when I buy, I will loose 0.001 BTC and then when I exchange BTC for ADA, more 0.001 will be sent to the minerators? Am I right? Is there a different way to do it than buying bitcoin and then exchanging?
edit: people! I found a solution for those who can't use coinbase. I just used LocalEthereum to buy some Ether via Paypal, then I sent to Binance and now I already exchanged it to ADA. Thanks for everyone in here!
submitted by juniconico to cardano [link] [comments]

Bitcoin that allows to fund/ buy from Philippines

Hi everyone, I am complete newbie and i've been researching and it seems I couldn't find a way to buy bitcoin or any other cryptocurrency in the Philippines using my local bank or Paypal/ Transferwise
Is there someone who knows what platform that allows people from Philippines to fund using PH banks or Paypal / Transferwise?
We have a platform for Philippines, but it has a VERY HIGH BUY Rate and only limited to 4 currencies, I am really looking forward to purchase BTT and Neo.
Hope someone can help me.
EDIT: forgot to mention, I tried Coinbase, Binance and localbitcoins but they seems not support PH
submitted by pjforum to Philippines [link] [comments]

DENT Roadmap 2019/2010 Release & AMA

Mikko Linnamaki, [12.02.19 12:02]
We have a lot of stuff to talk about today, so lets get started!

Combot, [12.02.19 12:03]
Channel mode enabled. Only admins can send messages. Other messages will be deleted. Call the command again to disable.

Mikko Linnamaki, [12.02.19 12:03]
Yeah my old SE30 from the 80s;)

Mikko Linnamaki, [12.02.19 12:04]
So lets start with questions that you guys have sent to us on reddit, telegram and other channels, after that we will go thru 18 Months in the future, so you get an overview where we are heading to

Mikko Linnamaki, [12.02.19 12:05]
A User from Telegram asked:
Q: Is there a referral program from the DENT Exchange planned?

Mikko Linnamaki, [12.02.19 12:05]
There are no plans to introduce referrals for the Exchange at this point. We are quite happy with the daily rate of growth of traders. As we have seen with our referral program on the app side, viral marketing is very effective, so we might consider that in the future.

Mikko Linnamaki, [12.02.19 12:06]
another very good question from telegram:

Telegram
Q: Any plans to add a stable coin trading pair? If so, when and which (approx).

Mikko Linnamaki, [12.02.19 12:06]
Yeah, that’s not a bad idea. We have considered adding a stable coin into the mix in the future, however there are no specific plans for one at this moment. As a principle, our aim is to have a select few useful utility coins/tokens on the Exchange. As stable coins mature, we're sure to examine the good ones for potential addition.

Mikko Linnamaki, [12.02.19 12:06]
Frequently asked question:
Q: Why does the circulation continue to grow after the original token sale amount?

Mikko Linnamaki, [12.02.19 12:07]
As you know, DENT is building a real business around the token.

Mikko Linnamaki, [12.02.19 12:07]
DENTs from the growing circulation supply are used in large amount in the DENT Apps - for the welcome bonuses after registration of the users, for the very successful referral program to acquire users and of course as rewards for the offer wall - where users earn DENTs against interaction with advertisers. DENT Wireless has a successful live product and an ecosystem with 11 million users, 147 operators in 43 countries. That business requires a growing circulation as it is planned to grow to 40+ Million users til mid 2020.

Mikko Linnamaki, [12.02.19 12:08]
So the target for Q2 2020 is 40 Million users

Mikko Linnamaki, [12.02.19 12:08]
DENT circulation at the moment is about 31%, which is relatively low compared to most Top 50 tokens on CMC. Coinmarketcap.com now shows with regular updates the growth in the Dent token economy as it transparently takes into account the whole mobile ecosystem and business that we are building.

Mikko Linnamaki, [12.02.19 12:08]
As the DENT ecosystem grows, there will be a larger amount of DENTs on Mobile phones than on crypto exchanges like Binance and others. These tokens are used for utility, buying and selling of data and telco services.

Mikko Linnamaki, [12.02.19 12:09]
From Telegram:
Q: Will there be a token burn at DENT?

Mikko Linnamaki, [12.02.19 12:09]
A: No token burns are planned, all tokens will be needed in the ecosystem of tens of millions of mobile users.

Mikko Linnamaki, [12.02.19 12:10]
This one from Telegram user was also nice:

Mikko Linnamaki, [12.02.19 12:10]
Q: How have you experienced the past year? What is it you are most proud off achieving and what was the hardest part so far?

Mikko Linnamaki, [12.02.19 12:10]
A: Thanks for asking! Overall 2018 was an extremely busy, but a great year for us. We successfully followed our original whitepaper as well as our roadmap, delivering most key milestones well on time. Big thanks to the DENT Team, they really rocked the 2018. And there are no signs of slowing down in 2019. Hardest part was certainly to reach the ambitious numbers and technically, the DENT Exchange public trading release was a major challenge.

Mikko Linnamaki, [12.02.19 12:10]
But we like challenges!

Mikko Linnamaki, [12.02.19 12:10]
From Telegram
Q: Money remittance - is there any thought towards using DENT Afterburner physical card, as a debit card, (similar to Revolut), given we have an exchange and soon a DENT > Euro or DENT > USD pairing, this could be relatively seamless to implement.

Mikko Linnamaki, [12.02.19 12:11]
A: We like the idea, yet no plans on a physical card at this point. The Afterburner membership is not a credit card, we let that crypto credit card business to others. While we all like the idea of a physical card (who doesn't like the idea of carrying a sleek carbon fibre/metal card!), but we will keep things digital at the moment.

Mikko Linnamaki, [12.02.19 12:11]
From Telegram
Q: For each transaction being made on the exchange (or the app) DENT Wireless receives a small fee (I presume). Does this already results in a sustainable business? If not, when do you believe it to be break even?

Mikko Linnamaki, [12.02.19 12:12]
In the bear market it is very essential that the projects have a profitable business

Mikko Linnamaki, [12.02.19 12:12]
A: DENT Wireless has a few solid revenue streams for the operations, such as the Offer Wall, where advertisers pay us for the ad impressions the mobile users make, then we also make a margin on the data packages that people buy, and of course the DENT Exchange trading fees. Having a large user base creates a pretty solid cash flow, and yes we are a profitable business already. Quite remarkable for a startup on only its second year in business!

Mikko Linnamaki, [12.02.19 12:13]
Q: Indonesia is currently the biggest market for DENT with approximately 50-60m DENT being used each day. How much of those DENTs have been bought in comparison to the DENTs earned through referrals or the offer wall?

A: The biggest market on the Exchange changes almost daily, but yes, Indonesia is very active. Users in countries like Indonesia don't necessarily have the same penetration of PayPal or credit cards compared to some other large countries. Due to this, most users are happy to play a few games or watch an ad, and get paid for their work performed in DENT. It's a happy symbiosis 🙂

Mikko Linnamaki, [12.02.19 12:14]
Lot of people have interest in Afterburner, we will provide more detailed information later in this quartern when it gets launched

Mikko Linnamaki, [12.02.19 12:14]
Q: How do you plan to deal with price fluctuation in regards to the afterburner program? As The price of Dent rises, the cost of membership also rises. Will rewards be added, or will number of Dents required decrease?

Mikko Linnamaki, [12.02.19 12:14]
A: We will announce more details as Afterburner launches, but it is our intention that the Afterburner Vault requirements will adjust at a regular interval, based on the trading price of the DENT token. Users who participate in the program unlock features across the different Afterburner tiers and these features have real-world value.

Mikko Linnamaki, [12.02.19 12:14]
The accuracy and alignment of the Afterburner Vault value and those reward values is an important objective.

Mikko Linnamaki, [12.02.19 12:15]
Q: Right now, Data packages sold through Dent are not price competitive when compared to Data bought directly from the provider, do you have plans to decrease the hefty premium people pay in order to use the app?

Mikko Linnamaki, [12.02.19 12:15]
A: The market prices on the Exchange are defined by supply and demand. If the price is too high, users will wait til it drops, and traders need to lower their prices to stimulate demand. In time, as competition of traders increases, the prices will level out. Already happening.

Mikko Linnamaki, [12.02.19 12:15]
We also appreciate your interest in DENT Exchange, and many have asked these questions

Mikko Linnamaki, [12.02.19 12:15]
Q: How long does it normally take to verify KYC on DENT Exchange?

Mikko Linnamaki, [12.02.19 12:15]
A: Some have had theirs approved in a few working days, some have had to wait longer. More importantly, our Support is quick to correspond with users for requests for more/different documentation in order to process their KYC application.

A Reddit users asked:

Q: When can we expect to see new trading pairs on the exchange? Will the new trading pairs use DENT or BTC? (just to be sure)
A: As you can imagine our dev team has been quite occupied making sure the Exchange runs as smoothly as possible, putting ETHScanr on the backburner for the time being. It’s a cool project, albeit a small one and not business-critical, yet we are proud of and continue to develop, just at a different pace compared to DENT World Telco & Exchange.

A: We don't have a timeline for any new additions or trading pairs. We are actively looking, but not in a rush to add new tokens/coins as only few projects have anything to show in real world business and use case. We will add a few hundred telco-related pairs soon, as you will see in the roadmap.

Q: When can we expect higher KYC levels?
A: We are working hard with the implementation of higher KYC levels, and should have them available in the next couple of weeks. We want to be sure to do things correctly.

Q: how is the ethscanr going?
Mikko Linnamaki, [12.02.19 12:17]
A: As you can imagine our dev team has been quite occupied making sure the Exchange runs as smoothly as possible, putting ETHScanr on the backburner for the time being. It’s a cool project, albeit a small one and not business-critical, yet we are proud of and continue to develop, just at a different pace compared to DENT World Telco & Exchange.

Mikko Linnamaki, [12.02.19 12:18]
So for us its all about focusing on the right things, hope the answer helped you a bit. Lets get a peek to our plans for the next 18 months:

Mikko Linnamaki, [12.02.19 12:18]
------------------------------------------------------------------------------------

Mikko Linnamaki, [12.02.19 12:19]
[ Photo ]

Mikko Linnamaki, [12.02.19 12:19]
So lets start with a picture that shows what this whole thing that we do looks like:

Mikko Linnamaki, [12.02.19 12:19]
[ Photo ]

Mikko Linnamaki, [12.02.19 12:20]
DENT Wireless is creating a marketplace for mobile data and mobile assets

Mikko Linnamaki, [12.02.19 12:21]
At the top you see the Clients that can access the Exchange, iOT devices in the near future, TELCOs with their own traqding desks, then our https://dent.exchange , which you can already use and which has been behind the apps all the time since launch

Mikko Linnamaki, [12.02.19 12:21]
Mobile Clients , all our 11 Million users on Android and iOS are using the DENT Exchange wehen they interact with us
**** DENT Token is THE CURRENCY for this whole ecosystem

At the bottom are tre tradeable asset classes, Data Packages, DENT eSIM (in future) Prepaid Credits, International Voice Minutes (soon) and B2B elco Capacity

As Blockchain we use Ethereum, its today the best platform , most mature one.

You know, I have been around the block in the last 25 years, and have seen PC and mobile operating systems come and go, and there is no way that 10 Blockchains can survive, I would bet maximum 3, which will take all the Blockchain apps.

Okay, lets look at Q1, this quarter
DENT Afterburner
Loyalty Program


The long-awaited Afterburner loyalty program, which will allow users to benefit from locking up tokens for 30 day period

Payment - And Carrier Billing Payment
We will add carrier billing to the apps

PLDT Trading Start
PLDT data trading will go live this qarter

Add Dent Exchange to CoinMarketCap

Launch World Telco

Thats Q1, I need to speed up a bit

in Q2 our big ,ilestone

:aunch Global Voice Telephoney in China using DENT Apps
Welcome China!

We will enable calls to and from China to DENT Apps in the next few months

Thats Q2 2019

Our target is to reach 15+ Million DENT usrs in 55 countries and 185 operators

4 Million to go to that target

Q3

launching Telco Trading Desk & Backoffice for DENT Exchnge

We will also make DENTs interchangeable with other loyalty programs

To increase trading volume, we ill enable the mobile users to trade with the same assets as you, yet with a simple interface

DENT Exchange with all the mobile users, already has more active users like as OKEX, only Binance and Coinbase have more than we do

We increase DENT VOice telephony to 80 countries

new offer wall, Andee created a cool idea to reward users for daily check-ins, so we increase our ad inventory and keep users active, well done Andee!

So thats Q3 2019

eSIM, the Digital SIM card will be revolutionizing lot of things at Telcos, especially travel

We will have 3 asset classes live for trading: Mobile Data, Prepaid Topups and Voice Minutes

Voice Minute packs will be tradeable just like data packs, and they influence users directly

End of this year: We target to have 25 Million users, thats more than any other cryptocurrency have today, could be even more than Bitcoin and Ethereum

Thats 2019

Q1 2020
DENT eSIM available in 30 countries
We want this market.

So imagine, you land in TOKYO, and the DENT app notices your location and offers you:
Welcome to Japan, do you want an NTT Docomo eSIM?
No more expensive roaming
You just clisk and add a local japanese SIM to your phone.

Second Big thing in Q1 2020
India
After China and 100 other countries, we will finally launch calls in India

Thats Q1 2020

And the last quarter in this session, Q2 2020


Many people are talking about a missing thing in our Apps, community features. You are right!

We will fix it by building DENT messenger into the apps
DENT 4.0 will have a Messenge integrated for chatting, but also for remittance

So here you chat with another DENT User

She will ask if you can send her DENTS
https://t.me/dentcoin/560234

And you can send all asset classes, DENTs, Mobile Data, Prepaid Topups and even a SIM card in form af an eSIM

just type in the amount of DENTs you want to send and boom!

Christine received the DENTs on her account. Simple as that

In Summer 2020, our target is to have 40M + Users and become the most used cryptocurrency by the number of people


The whole roadmap is available today on our website, with more details and screenshots, I hope you got an overview of what DENT is up to, and look forward to have you all with us the next 18 months to see this baby become a monster

NEW ROADMAP Website:
https://www.dentwireless.com/roadmap



submitted by vasilispasparas to dent [link] [comments]

In case you missed it: Major Crypto and Blockchain News from the week ending 12/14/2018

Developments in Financial Services

Regulatory Environment

General News


submitted by QuantalyticsResearch to CryptoCurrency [link] [comments]

A Beginner’s Guide To LocalCoinBazar – How To Buy/Sell CryptoCurrency on LocalCoinBazar

A Beginner’s Guide To LocalCoinBazar – How To Buy/Sell CryptoCurrency on LocalCoinBazar

LocalCoinBazar Home page
I understand how hard it can be for some of you to CryptoCurrency like ETH – Ethereum, BNB - Binance Coin, OMG – OmiseGO, VEN – VeChain, ZRX - 0x, ZIL – Zilliqa, BAT – Basic, Attention Token, GNT – Golem, IOST - IOST BTC – Bitcoin, XRP – Ripple, BCH – Bitcoin, Cash, LTC – Litecoin, NEO – NEO, XMR – Monero, DASH – Dash, ETC - Ethereum Classic if you don’t live in urban nations. There is a frequent delay of services by well-known exchanges of the world when the demand surge for CryptoCurrency
That’s why it makes sense talking about an alternative service through which one can buy Bitcoins peer-to-peer anytime.
The name of this service is LocalCoinBazar (aka LCB).
What Is LocalCoinBazar

https://preview.redd.it/f0bjpb6d33q21.png?width=1188&format=png&auto=webp&s=c25ede776447bfc5b0e4515919870218eba4db43
LocalCoinBazar is a peer-to-peer CryptoCurrency exchange that keeps CryptoCurrency in its escrow. It has been operating from malta since 2016.
It has on-ground buyers and sellers in more than 10,000 cities across 148 countries that’s why chances are, you will find a buyeseller in your country via LocalCoinBazar even if you live in a third world country.
The best thing about LocalCoinBazar is that you deal with the buyers/sellers directly and decide to trade only if you are satisfied with the terms of the trade. Once you engage in a trade you can receive your fiat money in the agreed way through a bank deposit, Bank transfer, PayTm, PayPal, Payoneer, or in Cryptocurrency. And when it comes to receiving your Cryptocurrency LocalCoinBazar act as an escrow in between so that you don’t get cheated.
To start With LocalCoinBazar
Signing up and logging in to LocalCoinBazar is very easy. You just need to register yourself using your e-mail ID and get started.

https://preview.redd.it/9mioveho43q21.png?width=596&format=png&auto=webp&s=881a9c05e59d5da210ee7d6e6d5c402312103da6
After you register and log in to LocalCoinBazar, it is always a good perform to whole your profile (except if you wish to be anonymous).
Searching Traders on LocalCoinBazar
Go to the main page and in the search box fill in the form with the amount you want to sell in your currency, your location and choose a payment method. If you're unsure how you want to pay, choose "All online offers" as your payment method. The site will list CryptoCurency buyers available in your region.
You can filter out ‘Buy’ and ‘Sell’ trades and traders by selecting your preferred country and the payment method.

https://preview.redd.it/b5ahcrm283q21.png?width=1165&format=png&auto=webp&s=56e0cf1d805c6a52b3c0902e7515c3114b9dd7a2
Now, let us say you want to ‘Buy’, so you will look for ‘Sellers/Trader’ and this is how the trade details put by a seller will look like:

https://preview.redd.it/g8wzfokk83q21.png?width=1328&format=png&auto=webp&s=d7e679d4e56a7fb7c060f4b5ddc6e07745e423b7
Check the trade details/conditions and always look out for more feedback score. Anything over 90% is a good trader to trade with.
LocalCoinBazar Payment Methods & Fees
You can also put one more criterion while filtering out traders on LocalCoinBazar, that of payment method i.e. your preferred payment method to receive fiat if you are a seller and to pay fiat if you are a buyer.


https://preview.redd.it/j56lbdk793q21.png?width=1208&format=png&auto=webp&s=18ab3483a6647a3d5daaf372681f8e87b39f7bd0
Here, I have filtered out this trader based on three criteria i.e. CryptoCurrency, country and payment type. Similarly, you can filter traders if you want to sell CryptoCurrency.
Some other popular payment filters through which you can find your traders are:

  • Paypal
  • Payoneer
  • PayTM
  • International Wire (SWIFT)
  • SEPA
  • Bank Transfer
  • IMPS Bank Transfer
  • Western Union etc…
The fee structure is quite nominal on LCB. Registering, buying, and selling more than 80 CryptoCurrency is completely free. LocalCoinBazar users who create advertisements are charged a 0.5% fee for every completed trade.
Note: Transactions to wallets of other LocalCoinBazar users are free.
Other Features Of LocalCoinBazar

  • Escrow
All online trades are protected by escrow. When a trade is initiated, the amount of CryptoCurrency for the trade is automatically reserved from the seller’s LocalCoinBazar wallet. This means that if the seller runs away with your money and does not release your Bitcoins, LocalCoinBazar.com support can release the CryptoCurrency to you from escrow. If you’re selling CryptoCurrency , never release the escrow before you know that you have received money from the CryptoCurrency buyer. Also, note that local trades do not have escrow enabled by default but when you request and get in trade it becomes enabled. (Source: LocalCoinBazar.com)

  • Feedback scheme and Feedback Score
The feedback system of CryptoCurrency gives a transparent picture of all the traders listed on it and shows how positive a particular trader is. This score also decides whether the trader will be listed on the top or at the bottom.
There are four types of ratings or feedback one can give on CryptoCurrency based on their experience of trade.
1. Positive
2. Neutral
3. Nevative

Is It Safe To Trade On LocalCoinBazar?
LocalCoinBazar is totally safe to trade on if you are cautious and don’t make stupid mistakes.
Think of it as an age-old peer-to-peer exchange system where you give one thing in exchange for getting another. All the cautions that you will take in a face-to-face peer trading, you need to take here too.
Some other points that you need to take care are:

  • Check the trader’s trust score or feedback score. The higher the score the better it is to trade with that trader.
  • Also, check if a trader has done more than 20 trades. It is quite safe to trade with that trader as he/she is not a newbie.
  • Always stick to communication on the LocalCoinBazar platform itself so that in case of any dispute it can be used as proof.
  • Never release the escrow manually before you have checked and received your money with you in your bank or in your hands.
Also, it is best to trade with traders who have a complete profile or you can ask for verification or ID submission for higher amounts before indulging in trade via LocalCoinBazar.
So far, LocalCoinBazar have earned a lot of trust of the CryptoCurrency community and have also become the go-to platform to trade CryptoCurrency in many countries. Also, countries like Venezuela where CryptoCurrency is kind of illegal, services like LocalCoinBazar have become very popular
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Trading Cryptocurrency Markets

Hello! My name is Slava Mikhalkin, I am a Project Owner of Crowdsale platform at Platinum, the company that knows how to start any ICO or STO in 2019.
If you want to avoid headaches with launching process, we can help you with ICO and STO advertising and promotion. See the full list of our services: Platinum.fund
I am also happy to be a part of the UBAI, the first educational institution providing the most effective online education on blockchain! We can teach you how to do ICO/STO in 2019. Today I want to tell you how to sell and transfer cryptocurrencies.
Major Exchanges
In finance, an exchange is a forum or platform for trading commodities, derivatives, securities or other financial instruments. The principle concern of an exchange is to allow trading between parties to take place in a fair and legally compliant manner, as well as to ensure that pricing information for any instrument traded on the exchange is reliable and coherently delivered to exchange participants. In the cryptocurrency space exchanges are online platforms that allow users to trade cryptocurrencies or digital currencies for fiat money or other cryptocurrencies. They can be centralized exchanges such a Binance, or decentralized exchanges such as IDEX. Most cryptocurrency exchanges allow users to trade different crypto assets with BTC or ETH after having already exchanged fiat currency for one of those cryptocurrencies. Coinbase and Kraken are the main avenue for fiat money to enter into the cryptocurrency ecosystem.
Function and History
Crypto exchanges can be market-makers that take bid/ask spreads as a commission on the transaction for facilitating the trade, or more often charge a small percentage fee for operating the forum in which the trade was made. Most crypto exchanges operate outside of Western countries, enabling them to avoid stringent financial regulations and the potential for costly and lengthy legal proceedings. These entities will often maintain bank accounts in multiple jurisdictions, allowing the exchange to accept fiat currency and process transactions from customers all over the globe.
The concept of a digital asset exchange has been around since the late 2000s and the following initial attempts at running digital asset exchanges foreshadows the trouble involved in attempting to disrupt the operation of the fiat currency baking system. The trading of digital or electronic assets predate Bitcoin’s creation by several years, with the first electronic trading entities running afoul of the Australian Securities and Investments Commission (ASIC) in late 2004. Companies such as Goldex, SydneyGoldSales, and Ozzigold, shut down voluntarily after ASIC found that they were operating without an Australian Financial Services License. E-Gold, which exchanged fiat USD for grams of precious metals in digital form, was possibly the first digital currency exchange as we know it, allowing users to make instant transfers to the accounts of other E-Gold members. At its peak in 2006 E-Gold processed $2 billion worth of transactions and boasted a user base of over 5 million people.
Popular Exchanges
Here we will give a brief overview of the features and operational history of the more popular and higher volume exchanges because these are the platforms to which newer traders will be exposed. These exchanges are recommended to use because they are the industry standard and they inspire the most confidence.
Bitfinex
Owned and operated by iFinex Inc, the cryptocurrency trading platform Bitfinex was the largest Bitcoin exchange on the planet until late 2017. Headquartered in Hong Kong and based in the US Virgin Island, Bitfinex was one of the first exchanges to offer leveraged trading (“Margin trading allows a trader to open a position with leverage. For example — we opened a margin position with 2X leverage. Our base assets had increased by 10%. Our position yielded 20% because of the 2X leverage. Standard trades are traded with leverage of 1:1”) and also pioneered the use of the somewhat controversial, so-called “stable coin” Tether (USDT).
Binance
Binance is an international multi-language cryptocurrency exchange that rose from the mid-rank of cryptocurrency exchanges to become the market dominating behemoth we see today. At the height of the late 2017/early 2018 bull run, Binance was adding around 2 million new users per week! The exchange had to temporarily disallow new registrations because its servers simply could not keep up with that volume of business. After the temporary ban on new users was lifted the exchange added 240,000 new accounts within two hours.
Have you ever thought whats the role of the cypto exchanges? The answer is simple! There are several different types of exchanges that cater to different needs within the ecosystem, but their functions can be described by one or more of the following: To allow users to convert fiat currency into cryptocurrency. To trade BTC or ETH for alt coins. To facilitate the setting of prices for all crypto assets through an auction market mechanism. Simply put, you can either mine cryptocurrencies or purchase them, and seeing as the mining process requires the purchase of expensive mining equipment, Cryptocurrency exchanges can be loosely grouped into one of the 3 following exchange types, each with a slightly different role or combination of roles.
Have you ever thought about what are the types of Crypto exchanges?
  1. Traditional Cryptocurrency Exchange: These are the type that most closely mimic traditional stock exchanges where buyers and sellers trade at the current market price of whichever asset they want, with the exchange acting as the intermediary and charging a small fee for facilitating the trade. Kraken and GDAX are examples of this kind of cryptocurrency exchange. Fully peer-to-peer exchanges that operate without a middleman include EtherDelta, and IDEX, which are also examples of decentralized exchanges.
  2. Cryptocurrency Brokers: These are website or app based exchanges that act like a Travelex or other bureau-de-change. They allow customers to buy or sell crypto assets at a price set by the broker (usually market price plus a small premium). Coinbase is an example of this kind of exchange.
  3. Direct Trading Platform: These platforms offer direct peer-to-peer trading between buyers and sellers, but don’t use an exchange platform in doing so. These types of exchanges do not use a set market rate; rather, sellers set their own rates. This is a highly risky form of trading, from which new users should shy away.
To understand how an exchange functions we need only look as far as a traditional stock exchange. Most all the features of a cryptocurrency exchange are analogous to features of trading on a traditional stock exchange. In the simplest terms, the exchanges fulfil their role as the main marketplace for crypto assets of all kinds by catering to buyers or sellers. These are some definitions for the basic functions and features to know: Market Orders: Orders that are executed instantly at the current market price. Limit Order: This is an order that will only be executed if and when the price has risen to or dropped to that price specified by the trader and is also within the specified period of time. Transaction fees: Exchanges will charge transactions fees, usually levied on both the buyer and the seller, but sometimes only the seller is charged a fee. Fees vary on different exchanges though the norm is usually below 0.75%. Transfer charges: The exchange is in effect acting as a sort of escrow agent, to ensure there is no foul play, so it might also charge a small fee when you want to withdraw cryptocurrency to your own wallet.
Regulatory Environment and Evolution
Cryptocurrency has come a long way since the closing down of the Silk Road darknet market. The idea of crypto currency being primarily for criminals, has largely been seen as totally inaccurate and outdated. In this section we focus on the developing regulations surrounding the cryptocurrency asset class by region, and we also look at what the future may hold.
The United States of America
A coherent uniform approach at Federal or State level has yet to be implemented in the United States. The Financial Crimes Enforcement Network published guidelines as early as 2013 suggesting that BTC and other cryptos may fall under the label of “money transmitters” and thus would be required to take part in the same Anti-money Laundering (AML) and Know your Client (KYC) procedures as other money service businesses. At the state level, Texas applies its existing finance laws. And New York has instituted an entirely new licensing system.
The European Union
The EU’s approach to cryptocurrency has generally been far more accommodating overall than the United States, partly due to the adaptable nature of pre-existing laws governing electronic money that predated the creation of Bitcoin. As with the USA, the EU’s main fear is money laundering and criminality. The European Central Bank (ECB) categorized BTC as a “convertible decentralized currency” and advised all central banks in the EU to refrain from trading any cryptocurrencies until the proper regulatory framework was put in place. A task force was then set up by the European Parliament in order to prevent and investigate any potential money laundering that was making use of the new technology.
Likely future regulations for cryptocurrency traders within the European Union and North America will probably consist of the following proposals: The initiation of full KYC procedures so that users cannot remain fully anonymous, in order to prevent tax evasion and curtail money laundering. Caps on payments that can be made in cryptocurrency, similar to caps on traditional cash transactions. A set of rules governing tax obligations regarding cryptocurrencies Regulation by the ECB of any companies that offer exchanges between cryptocurrencies and fiat currencies It is less likely for other countries to follow the Chinese approach and completely ban certain aspects of cryptocurrency trading. It is widely considered more progressive and wiser to allow the technology to grow within a balanced accommodative regulatory framework that takes all interests and factors into consideration. It is probable that the most severe form of regulation will be the formation of new governmental bodies specifically to form laws and exercise regulatory control over the cryptocurrency space. But perhaps that is easier said than done. It may, in certain cases, be incredibly difficult to implement particular regulations due to the anonymous and decentralized nature of crypto.
Behavior of Cryptocurrency Investors by Demographic
Due to the fact that cryptocurrency has its roots firmly planted in the cryptography community, the vast majority of early adopters are representative of that group. In this section we cover the basic structure of the cryptocurrency market cycle and the makeup of the community at large, as well as the reasons behind different trading decisions.
The Cryptocurrency Market Cycle
Bitcoin leads the bull rally. FOMO (Fear of missing out) occurs, the price surge is a constant topic of mainstream news, business programs cover the story, and social media is abuzz with cryptocurrency chatter. Bitcoin reaches new All Timehigh (ATH) Market euphoria is fueled with even more hype and the cycle is in full force. There is a constant stream of news articles and commentary on the meteoric, seemingly unstoppable rise of Bitcoin. Bitcoin’s price “stabilizes”, In the 2017 bull run this was at or around $14,000. A number of solid, large market cap altcoins rise along with Bitcoin; ETH & LTC leading the altcoins at this time. FOMO comes into play, as the new ATH in market cap is reached by pumping of a huge number of alt coins.
Top altcoins “somewhat” stabilize, after reaching new all-time highs. The frenzy continues with crypto success stories, notable figures and famous people in the news. A majority of lesser known cryptocurrencies follow along on the upward momentum. Newcomers are drawn deeper into crypto and sign up for exchanges other than the main entry points like Coinbase and Kraken. In 2017 this saw Binance inundated with new registrations. Some of the cheapest coins are subject to massive pumping, such as Tron TRX which saw a rise in market cap from $150 million at the start of December 2017 to a peak of $16 billion! At this stage, even dead coins or known scams will get pumped. The price of the majority of cryptocurrencies stabilize, and some begin to retract. When the hype is subsiding after a huge crypto bull run, it is a massive sell signal. Traditional investors will begin to give interviews about how people need to be careful putting money into such a highly volatile asset class. Massive violent correction begins and the market starts to collapse. BTC begins to fall consistently on a daily basis, wiping out the insane gains of many medium to small cap cryptos with it. Panic selling sweeps through the market. Depression sets in, both in the markets, and in the minds of individual investors who failed to take profits, or heed the signs of imminent collapse. The price stagnation can last for months, or even years.
The Influence of Age upon Trading
Did you know? Cryptocurrencies have been called “stocks for millennials” According to a survey conducted by the Global Blockchain Business Council, only 5% of the American public own any bitcoin, but of those that do, an overwhelming majority of 71% are men, 58% of them are between the ages of 18 and 35, and over half of them are minorities. The same survey gauged public attitude toward the high risk/high return nature of cryptocurrency, in comparison to more secure guaranteed small percentage gains offered by government bonds or stocks, and found that 30% would rather invest $1,000 in crypto. Over 42% of millennials were aware of cryptocurrencies as opposed to only 15% of those ages 65 and over. In George M. Korniotis and Alok Kumar’s study into the effects of aging on portfolio management and the quality of decisions made by older investors, they found “that older and experienced investors are more likely to follow “rules of thumb” that reflect greater investment knowledge. However, older investors are less effective in applying their investment knowledge and exhibit worse investment skill, especially if they are less educated and earn lower income.”
Geographic Influence upon Trading
One of the main drivers of the apparent seasonal ebb and flow of cryptocurrency prices is the tax situation in the various territories that have the highest concentrations of cryptocurrency holders. Every year we see an overall market pull back beginning in mid to late January, with a recovery beginning usually after April. This is because “Tax Season” is roughly the same across Europe and the United States, with the deadline for Income tax returns being April 15th in the United States, and the tax year officially ending the UK on the 6th of April. All capital gains must be declared before the window closes or an American trader will face the powerful and long arm of the IRS with the consequent legal proceedings and possible jail time. Capital gains taxes around the world vary from jurisdiction to jurisdiction but there are often incentives for cryptocurrency holders to refrain from trading for over a year to qualify their profits as long term gain when they finally sell. In the US and Australia, for example, capital gains are reduced if you bought cryptocurrency for investment purposes and held it for over a year. In Germany if crypto assets are held for over a year then the gains derived from their sale are not taxed. Advantages like this apply to individual tax returns, on a case by case basis, and it is up to the investor to keep up to date with the tax codes of the territory in which they reside.
2013 Bull run vs 2017 Bull run price Analysis
In late 2016 cryptocurrency traders were faced with the task of distinguishing between the beginnings of a genuine bull run and what might colorfully be called a “dead cat bounce” (in traditional market terminology). Stagnation had gripped the market since the pull-back of early 2014. The meteoric rise of Bitcoin’s price in 2013 peaked with a price of $1,100 in November 2013, after a year of fantastic news on the adoption front with both Microsoft and PayPal offering BTC payment options. It is easy to look at a line going up on a chart and speak after the fact, but at the time, it is exceeding difficult to say whether the cat is actually climbing up the wall, or just bouncing off the ground. Here, we will discuss the factors that gave savvy investors clues as to why the 2017 bull run was going to outstrip the 2013 rally. Hopefully this will help give insight into how to differentiate between the signs of a small price increase and the start of a full scale bull run. Most importantly, Volume was far higher in 2017. As we can see in the graphic below, the 2017 volume far exceeds the volume of BTC trading during the 2013 price increase. The stranglehold MtGox held on trading made a huge bull run very difficult and unlikely.
Fraud & Immoral Activity in the Private Market
Ponzi Schemes Cryptocurrency Ponzi schemes will be covered in greater detail in Lesson 7, but we need to get a quick overview of the main features of Ponzi schemes and how to spot them at this point in our discussion. Here are some key indicators of a Ponzi scheme, both in cryptocurrencies and traditional investments: A guaranteed promise of high returns with little risk. Consistentflow of returns regardless of market conditions. Investments that have not been registered with the Securities and Exchange Commission (SEC). Investment strategies that are a secret, or described as too complex. Clients not allowed to view official paperwork for their investment. Clients have difficulties trying to get their money back. The initial members of the scheme, most likely unbeknownst to the later investors, are paid their “dividends” or “profits” with new investor cash. The most famous modern-day example of a Ponzi scheme in the traditional world, is Bernie Madoff’s $100 billion fraudulent enterprise, officially titled Bernard L. Madoff Investment Securities LLC. And in the crypto world, BitConnect is the most infamous case of an entirely fraudulent project which boasted a market cap of $2 billion at its peak.
What are the Exchange Hacks?
The history of cryptocurrency is littered with examples of hacked exchanges, some of them so severe that the operation had to be wound up forever. As we have already discussed, incredibly tech savvy and intelligent computer hackers led by Alexander Vinnik stole 850000 BTC from the MtGox exchange over a period from 2012–2014 resulting in the collapse of the exchange and a near-crippling hammer blow to the emerging asset class that is still being felt to this day. The BitGrail exchange suffered a similar style of attack in late 2017 and early 2018, in which Nano (XRB) was stolen that was at one point was worth almost $195 million. Even Bitfinex, one of the most famous and prestigious exchanges, has suffered a hack in 2016 where $72 million worth of BTC was stolen directly from customer accounts.
Hardware Wallet Scam Case Study
In late 2017, an unfortunate character on Reddit, going by the name of “moody rocket” relayed his story of an intricate scam in which his newly acquired hardware wallet was compromised, and his $34,000 life savings were stolen. He bought a second hand Nano ledger into which the scammers own recover seed had already been inserted. He began using the ledger without knowing that the default seed being used was not a randomly assigned seed. After a few weeks the scammer struck, and withdrew all the poor HODLer’s XRP, Dash and Litecoin into their own wallet (likely through a few intermediary wallets to lessen the very slim chances of being identified).
Hardware Wallet Scam Case Study Social Media Fraud
Many gullible and hapless twitter users have fallen victim to the recent phenomenon of scammers using a combination of convincing fake celebrity twitter profiles and numerous amounts of bots to swindle them of ETH or BTC. The scammers would set up a profile with a near identical handle to a famous figure in the tech sphere, such as Vitalik Buterin or Elon Musk. And then in the tweet, immediately following a genuine message, follow up with a variation of “Bonus give away for the next 100 lucky people, send me 0.1 ETH and I will send you 1 ETH back”, followed by the scammers ether wallet address. The next 20 or so responses will be so-called sockpuppet bots, thanking the fake account for their generosity. Thus, the pot is baited and the scammers can expect to receive potentially hundreds of donations of 0.1 Ether into their wallet. Many twitter users with a large follower base such as Vitalik Buterin have taken to adding “Not giving away ETH” to their username to save careless users from being scammed.
Market Manipulation
It also must be recognized that market manipulation is taking place in cryptocurrency. For those with the financial means i.e. whales, there are many ways in which to control the market in a totally immoral and underhanded way for your own profit. It is especially easy to manipulate cryptos that have a very low trading volume. The manipulator places large buy orders or sell walls to discourage price action in one way or the other. Insider trading is also a significant problem in cryptocurrency, as we saw with the example of blatant insider trading when Bitcoin Cash was listed on Coinbase.
Examples of ICO Fraudulent Company Behavior
In the past 2 years an astronomical amount of money has been lost in fraudulent Initial Coin Offerings. The utmost care and attention must be employed before you invest. We will cover this area in greater detail with a whole lesson devoted to the topic. However, at this point, it is useful to look at the main instances of ICO fraud. Among recent instances of fraudulent ICOs resulting in exit scams, 2 of the most infamous are the Benebit and PlexCoin ICOs which raised $4 million for the former and $15 million for the latter. Perhaps the most brazen and damaging ICO scam of all time was the Vietnamese Pincoin ICO operation, where $660million was raised from 32,000 investors before the scammer disappeared with the funds. In case of smaller ICO “exit scamming” there is usually zero chance of the scammers being found. Investors must just take the hit. We will cover these as well as others in Lesson 7 “Scam Projects”.
Signposts of Fraudulent Actors
The following factors are considered red flags when investigating a certain project or ICO, and all of them should be considered when deciding whether or not you want to invest. Whitepaper is a buzzword Salad: If the whitepaper is nothing more than a collection of buzzwords with little clarity of purpose and not much discussion of the tech involved, it is overwhelmingly likely you are reading a scam whitepaper.
Signposts of Fraudulent Actors §2
No Code Repository: With the vast majority of cryptocurrency projects employing open source code, your due diligence investigation should start at GitHub or Sourceforge. If the project has no entries, or nothing but cloned code, you should avoid it at all costs. Anonymous Team: If the team members are hard to find, or if you see they are exaggerating or lying about their experience, you should steer clear. And do not forget, in addition to taking proper precautions when investing in ICOs, you must always make sure that you are visiting authentic web pages, especially for web wallets. If, for example, you are on a spoof MyEtherWallet web page you could divulge your private key without realizing it and have your entire portfolio of Ether and ERC-20 tokens cleaned out.
Methods to Avoid falling Victim
Avoiding scammers and the traps they set for you is all about asking yourself the right questions, starting with: Is there a need for a Blockchain solution for the particular problem that a particular ICO is attempting to solve? The existing solution may be less costly, less time consuming, and more effective than the proposals of a team attempting to fill up their soft cap in an ICO. The following quote from Mihai Ivascu, the CEO of Modex, should be kept in mind every time you are grading an ICO’s chances of success: “I’m pretty sure that 95% of ICOswill not last, and many will go bankrupt. ….. not everything needs to be decentralized and put on an open source ledger.”
Methods to Avoid falling Victim §2 Do I Trust These People with My Money, or Not?
If you continue to feel uneasy about investing in the project, more due diligence is needed. The developers must be qualified and competent enough to complete the objectives that they have set out in the whitepaper.
Is this too good to be true?
All victims of the well-known social media scams using fake profiles of Vitalik Buterin, or Bitconnect investors for that matter, should have asked themselves this simple question, and their investment would have been saved. In the case of Bitconnect, huge guaranteed gains proportional to the amount of people you can get to sign up was a blatant pyramid scheme, obviously too good to be true. The same goes for Fake Vitalik’s offer of 1 ether in exchange for 0.1 ETH.
Selling Cryptocurrencies, Several reasons for selling with the appropriate actions to take:
If you are selling to buy into an ICO, or maybe believe Ether is a safer currency to hold for a certain period of time, it is likely you will want to make use of the Ether pair and receive Ether in return. Obviously if the ICO is on the NEO or WANchain blockchain for example, you will use the appropriate pair. -Trading to buy into another promising project that is listing on the exchange on which you are selling (or you think the exchange will experience a large amount of volume and become a larger exchange), you may want to trade your cryptocurrency for that exchange token. -If you believe that BTC stands a good chance of experiencing a bull run then using the BTC trading pair is the suitable choice. -If you believe that the market is about to experience a correction but you do not want to take your gains out of the market yet, selling for Tether or “tethering up” is the best play. This allows you to keep your locked-in profits on the exchange, unaffected by the price movements in the cryptocurrency markets,so that you can buy back in at the most profitable moment. -If you wish to “cash out” i.e. sell your cryptocurrency for fiat currency and have those funds in your bank account, the best pair to use is ETH or BTC because you will likely have to transfer to an exchange like Kraken or Coinbase to convert them into fiat. If the exchange offers Litecoin or Bitcoin Cash pairs it could be a good idea to use these for their fast transaction time and low fees.
Selling Cryptocurrencies
Knowing when and how to sell, as well as strategies to inflate the value of your trade before sale, are important skills as a trader of any product or financial instrument. If you are satisfied that the sale itself of the particular amount of a token or coin you are trading away is the right one, then you must decide at what price you are going to sell. Exchanges exercise their own discretion as to which trading “pairs” they will offer, but the most common ones are BTC, ETH, BNB for Binance, BIX for Bibox etc., and sometimes Tether (USDT) or NEO. As a trader, you decide which particular cryptocurrency to exchange depending on your reason for making that specific trade at that time.
Methods of Sale
Market sell/Limit sell on exchange: A limit sell is an order placed on an exchange to sell as soon as (also specifically only if and when) the price you specified has been hit within the time limit you select. A market order executes the sale immediately at the best possible price offered by the market at that exact time. OTC (or Over the Counter) selling refers to sale of securities or cryptocurrencies in any method without using an exchange to intermediate the trade and set the price. The most common way of conducting sales in this manner is through LocalBitcoins.com. This method of cryptocurrency selling is far riskier than using an exchange, for obvious reasons.
The influence and value of your Trade
There are a number of strategies you can use to appreciate the value of your trade and thus increase the Bitcoin or Ether value of your portfolio. It is important to disassociate yourself from the dollar value of your portfolio early on in your cryptocurrency trading career simply because the crypto market is so volatile you will end up pulling your hair out in frustration following the real dollar money value of your holdings. Once your funds have been converted into BTC and ETH they are completely in the crypto sphere. (Some crypto investors find it more appropriate to monitor the value of their portfolio in satoshi or gwei.) Certainly not limited to, but especially good for beginners, the most reliable way to increase your trading profits, and thus the overall value and health of your portfolio, is to buy into promising projects, hold them for 6 months to a year, and then reevaluate. This is called Long term holding and is the tactic that served Bitcoin HODLers quite well, from 2013 to the present day. Obviously, if something comes to light about the project that indicates a lengthy set back is likely, it is often better to cut your losses and sell. You are better off starting over and researching other projects. Also, you should set initial Price Points at which you first take out your original investment, and then later, at which you take out all your profits and exit the project. That should be after you believe the potential for growth has been exhausted for that particular project.
Another method of increasing the value of your trades is ICO flipping. This is the exact opposite of long term holding. This is a technique in which you aim for fast profits taking advantage of initial enthusiasm in the market that may double or triple the value of ICO projects when they first come to market. This method requires some experience using smaller exchanges like IDEX, on which project tokens can be bought and sold before listing on mainstream exchanges. “Tethering up” means to exchange tokens or coins for the USDT stable coin, the value of which is tethered to the US Dollar. If you learn, or know how to use, technical analysis, it is possible to predict when a market retreatment is likely by looking at the price movements of BTC. If you decide a market pull back is likely, you can tether up and maintain the dollar value of your portfolio in tether while other tokens and coins decrease in value. The you wait for an opportune moment to reenter the market.
Market Behavior in Different Time Periods
The main descriptors used for overall market sentiment are “Bull Market” and “Bear Market”. The former describes a market where people are buying on optimism. The latter describes a market where people are selling on pessimism. Fun (or maybe not) fact: The California grizzly bear was brought to extinction by the love of bear baiting as a sport in the mid 1800s. Bears were highly sought after for their intrinsic fighting qualities, and were forced into fighting bulls as Sunday morning entertainment for Californians. What has this got to do with trading and financial markets? The downward swipe of the bear’s paws gives a “Bear market” its name and the upward thrust of a Bull’s horns give the “Bull Market” its name. Most unfortunately for traders, the bear won over 80% of the bouts. During a Bull market, optimism can sometimes grow to be seemingly boundless, volume is rising, and prices are ascending. It can be a good idea to sell or rebalance your portfolio at such a time, especially if you have a particularly large position in one holding or another. This is especially applicable if you need to sell a large amount of a relatively low-volume holding, because you can then do so without dragging the price down by the large size of your own sell order.
Learn more on common behavioral patterns observed so far in the cryptocurrency space for different coins and ICO tokens.
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Another way to buy directly is to connect with a seller via a peer-to-peer platform like local.Bitcoin.com where buyers can select a variety of payment methods including Paypal, bank transfer, and ... Compare 5 Sites to Buy Bitcoin With Paypal ️ US + UK ️ No Fees ️ No ID Required ️ The SECRET To Buying BTC in Under 5 Mins. While Binance is trying hard to pitch this system as “ the easiest way to buy Bitcoin with cash in Australia,” it’s definitely not the most anonymous, and more than likely, not the cheapest. Buy with Paypal by binance-PRO. Toggle navigation. Buy bitcoins; Sell bitcoins ; Post a trade; Trades Buy bitcoins; Sell bitcoins; Post a trade; Help How to buy Bitcoins; Frequently Asked Questions; Guides; Contact support; Blog; Fees; About us; Sign up free Log in; Buy bitcoins using Paypal with Euro (EUR) LocalBitcoins.com user binance-PRO wishes to sell bitcoins to you. Price: 9,547.71 EUR ... 1. Buy Bitcoin with PayPal through eToro. Pros: Relatively low fees, a variety of payment methods accepted Cons: Not available worldwide, withdrawing profits in crypto is complicated The easiest way to buy Bitcoin with PayPal would be through eToro but only for a limited purpose. While the platform will allow you to buy bitcoins with PayPal, withdrawing them to your wallet will take an ... Trade over 40 cryptocurrencies and enjoy the lowest trading fees in America. In this "how to buy Bitcoin with PayPal" guide, I am going to show you five different platforms in which this option is available.I’ll also give you some of the advantages and disadvantages of using each of them.. When Bitcoin was created in 2009, it was almost impossible to purchase during the first few years of trading.This was because there were hardly any exchanges that sold cryptocurrency!

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Buying Bitcoin With Paypal (is easier than you think)

Learn the best way how to buy bitcoin with paypal in 2019. You will learn how to start buying bitcoins with YOUR paypal account or debit card instantly with ... Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. buy bitcoin paypal buy btc paypal. Loading... Autoplay When autoplay is enabled, a suggested video will automatically play next. Up next How to buy bitcoin with paypal - in under 2 minutes ... This video explains how you can buy Bitcoin via credit card and send the Bitcoin directly to your favorite wallet. I used Binance BTC wallet as an example. O... New Binance exchange tutorial 2020. How to deposit and withdraw, how to use the exchange itself and we also discuss some more features of the Binance platfor... Buying Bitcoin With Paypal is easier than you think! Just watch this quick video and get underway! I show you how to very easily link your paypal to Coinbase. Come visit me on Steemit! (STEEM is ... Sign up to eToro to buy bitcoin with paypal: https://bit.ly/3fEUyOO With a verified eToro account you will be able to buy bitcoin in 2019 with paypal insta... Get a Wirex card using this link to get $5 of FREE bitcoin when you order your card and another $5 of FREE bitcoin when you load it with min. $100 credit: ht... COMO COMPRAR BITCOIN desde todos los países (Toda Latinoamérica, Europa, Estados Unidos, Oceania) de forma FACIL y ACCESIBLE. Con todos los métodos de pago, ... This video teaches you how to buy bitcoins very easy. Site link - https://localbitcoins.com If you wanna buy bitcoins contact me on Whatsapp +94 717 577 457 ...

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