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  • Acceptance of virtual currency by the corporate world

    Acceptance of virtual currency by the corporate world

    What is Cryptocurrency and How Is Its Global Acceptance - Global Trade  Magazine

    Bitcoin is increasingly becoming a valuable digital currency for the corporate world, and gradually many companies have started to accept bitcoin as payment. The confidence that bitcoin and other cryptocurrencies have built over a time pays off in the term of trust and reliability. The acceptance of bitcoin by International and national companies have changed the way bitcoin was considered a few years ago. If you have not yet tried bitcoin trading yet, now is the right time, visit few trading platforms like the Bitcoin Equaliser in order to start trading.

    Bitcoin is a trendsetter in the world of virtual currency and it would not be wrong to say that the trust level for bitcoin is much higher as compared to other cryptocurrencies. There are many small and large scall companies that only welcome payment in bitcoin and not other cryptocurrencies. 

    Tesla taking one step ahead towards bitcoin acceptance 

    Tesla was all over the news when the company decided to accept bitcoin as payment for their cars. This gave bitcoin’s image a booster and within weeks bitcoin price rocked the sky. The recent news regarding bitcoin seems to be in a favor of bitcoin as Tesla confirmed that bitcoin would not be converted into fiat currency.

    Secondly, the official website of Tesla also has a sort of instruction manual where the procedure to pay for Tesla’s car via cryptocurrency is available. Another important announcement by Tesla’s CEO Elon Musk was regarding people outside the US who would be able to pay for Tesla’s car via bitcoin.

    The amazing aspect is that time consumed to process the transaction is quite reasonable. Tesla also claims that it will not take more than one minute to refresh the page once the bitcoin is sent through the wallet, and the whole process will not take more than 6 hours to confirm the payment.

    Why businesses are welcoming payments in bitcoin?

    Generally, companies offer different payment methods to facilitate their customers like Paypal, American express, master card, and few businesses even gain advantages over other businesses that are not offering multiple payment methods. As far as bitcoin is concerned, the incentive that benefits companies in the lower transaction fee. The average percentage charged from existing online payments varies from 1.5% to 3%. Virtual currency transaction like bitcoin has a sight upper hand in transaction fee.

    All types of bank-related fees are eliminated when dealing with bitcoin payments, like foreign transaction fees and overdraft fees. On the other hand, a cryptocurrency account is free to make and the transaction fee only various from 0.5% to 1% and there are other ways to cut costs.

    How can a business accept bitcoin payments?

    • The first step is to select an appropriate payment-processing provider in order to open a bitcoin account
    • Add up your bank account information 
    • Choose currency
    • Enable bitcoin payments
    • Set the when and how to cash out

    Shopping websites that accept bitcoin

    A few years back bitcoin has accepted payment by cannabis and beer vendors. Organizations in healthcare also accept bitcoin. Whereas, multinational companies are concerned Coca-Cola and MIT have launched vending machines that accept bitcoin.

  • Trading Platforms And Their Role In Bitcoin Trading

    Trading Platforms And Their Role In Bitcoin Trading

    Best Sites to Trade Crypto for Profit | The World Financial Review

    Bitcoin, since the beginning of this year, has been the star of regular news highlights and for reasons justified. Its value has been on a rollercoaster ride over the past 3 months, registering dizzying gyrations. The price of this digital asset recorded sky-reaching highs only to plummet, losing significant portions of value in just a few hours. 

    The latest jaw-dropping news in this trend came earlier this month when it surpassed the $60,000 mark. Such changes have allowed the cryptocurrency to gather steam and the bitcoin frenzy has been at a fever pitch with estimations that it’s only going to get more wild in the future. However, it wasn’t always like this. 

    In fact, the Bitcoin we know today had very humble beginnings when its foundations were first laid by its anonymous creator that went under the pseudonym, Satoshi Nakamoto. It was the digital asset to beget an entire ecosystem of cryptocurrencies, of which there are more than 4000 today. With only being a little over a decade old, Bitcoin has managed to make remarkable steps towards obtaining mainstream acceptance. 

    Even though Bitcoin was first introduced to the public in 2009, it was only able to gain sufficient traction in 2017 when it rose to popularity after a bull run reaching an all-time high of $20,000. Unfortunately, the value of the digital coin soon plunged and crashed, showing people just how volatile the crypto market actually was. 

    After the dramatic dip, a number of investors, especially those that were new to the scene, became gun-shy about making any investments in the crypto market. Criticism against the cryptocurrency was also at a record high, however, since then many seem to have changed their tune as Bitcoin gains momentum again. 

    The virtual currency got on the road to recovery last year, achieving new horizons and hence, once again sparking the debate between critics and supporters again. And even though the high volatility of the crypto space is what initially turned many away, it has at the same time, played a significant role in attracting a great number of would-be investors looking to profit from the volatility and others dreaming of becoming early millionaires. 

    Trading in such a dynamic market is no easy task, especially for novice investors. You could always refer to an expert for help which would probably cost you a significant amount of money. However, there is an easier way of earning profitability returns: Trading platforms. 

    Trading Platforms To The Rescue

    The crypto market is highly volatile where your high returns can turn into losses in just a matter of minutes. It is surely no child’s play and requires extreme caution especially if you’ve only recently started exploring this space. 

    However, while your first few steps along the blockchain path can be daunting, they can be equally as rewarding if the right techniques are adopted. This is where trading platforms and supporting tools shine. 

    The use of trading programs and tools is a great way to kick start your trading journey in Bitcoin, or any other cryptocurrency for that matter.

    They make use of powerful technologies, such as Artificial Intelligence (AI) and Machine Learning (ML), along with specialized algorithms to analyze the market and, in turn, generate trading signals. Factors, both internal and external, that may potentially affect the performance of Bitcoin are taken into consideration. These can then be used to invest and trade in your desired cryptocurrency at the right time to maximize potential gains. Many platforms come with auto-trading options which can be availed by novice investors and manual trading for seasoned investors and traders. 

    One such program is Bitcoin Power which is also an auto-trading robot that ensures high returns for its users without the need of investing a great deal of money or time on getting educated about all aspects of trading cryptocurrencies. In fact, you can start with this platform for as little as $250. For more information on how it works, you can visit the bitcoin power website. 

    These platforms have become a safe haven for novice bitcoin and other crypto investors and traders, allowing them to experience the lucrative aspects of the crypto space while having little to no prior knowledge or experience. In fact, today, many investors use the auto-trading platforms to pursue crypto trading as a side-hustle and reap the benefits it has to offer.

    Even though trading platforms are all the rage right now, a number of them have been discovered to be swindle schemes. Hence, it is absolutely essential to gather all the necessary information required to determine whether the platforms are trusted and reputed before you make the decision to trade with them.

  • 4 Cryptocurrencies To Invest In 2021

    4 Cryptocurrencies To Invest In 2021

    Top 10 cryptocurrencies to invest in 2021: portfolio of coins set to explode

    In the 21st century, it has become clear that money is no longer limited to bills, coins, and credit cards. This is also giving rise to speculation that we may one day not need physical currency at all. But in fact, use money that is truly international i.e not owned by any central authority but rather the people. One that exists wholly on the internet. These are referred to as “cryptocurrencies”. 

    There are many underlying reasons for the rise in the use of cryptocurrency over the last few years. Herds of optimistic investors have turned their eyes towards cryptocurrency due to its decentralized nature, inflation-resistant properties, high liquidity, and easy availability and trade. In fact, there are now a number of trading platforms, such as crypto engines, that use AI to automatically trade on your behalf and generate profits. For further information, visit the website here

    However, there is a plethora of cryptocurrencies, more than 4000, currently in existence. Hence, it may seem daunting to select one that you could put your trust in. Below are 4 of the most popular cryptocurrencies that you could use or add to your investment portfolio.

    Bitcoin

    Bitcoin is the first digital currency and hence, holds a prominent position in an ecosystem of cryptocurrencies. It is the most popular yet the most volatile as well. Its anonymous creator, Satoshi Nakamoto, designed it in such a way to include only 21 million coins. This helps the cryptocurrency retain its value. Currently, bitcoin is the highest valued cryptocurrency, lying around $60,000 and its value is suspected to go higher. 

    Litecoin

    The science and use of cryptocurrencies may seem nebulous and complex to those unable to understand the underlying technology behind them. However, Litecoin aims to fix this issue. In fact, Litecoin’s founder, Charlie Lee, has expressed that he wanted to create a “lite” version of bitcoin that was much easier and straightforward to use. He wanted to develop a cryptocurrency that would play the role of silver to Bitcoin’s gold. 

    Lee was able to create what he aimed to achieve in 2011, with Litecoin. He was able to create a digital currency that adopted some of the best features of Bitcoin but also has some twists. Lee successfully captured the essence of the world’s first cryptocurrency but ensured a more convenient use for it. For example, while Bitcoin transactions may take about ten minutes to confirm, litecoin transactions can be completed easily in under five minutes. 

    Furthermore, even though it takes specialized hardware and powerful raw computing power for users to mine bitcoin, bitcoin is much easier to mine and quicker to move from person to person due to its faster block generation. Litecoin also has much lower system requirements which means that even ordinary PCs can be used for mining this cryptocurrency. 

    Litecoin is considered to be the least intimidating cryptocurrency for those taking their first steps along the blockchain path. Dealing with this cryptocurrency is quite easy and its wallet can be downloaded from the official website. It is also completely encrypted to prevent any accidental spending or any computer virus that may make it past the security systems in place. Although it doesn’t have the same hype surrounding it as bitcoin does, litecoin is a great alternative for anyone looking to move smaller amounts of money fast. 

    Ethereum 

    While Bitcoin may be considered to be the most popular cryptocurrency among the world’s investors, it may not be the most influential. Many crypto fanatics have that title reserved for Ethereum. Founded back in 2014, Ethereum is at the forefront of the Defi (decentralized finance) revolution. This allows it to shift from traditional, centralized financial systems to peer-to-peer finance by means of decentralized technologies that are built on the Ethereum blockchain. 

    The prime philosophy behind cryptocurrency is the decentralization of currency, which Bitcoin successfully achieves. However, Ethereum manages to go a step further in this regard. The goal of this cryptocurrency is to decentralize the internet by replacing servers with a worldwide system of nodes. This would essentially mean creating one computer for the whole world. 

    It is a software platform based on blockchain technology where users are allowed to exchange a cryptocurrency called ether. Ethereum has strengthened its position as the second-largest cryptocurrency in terms of market capitalization as well as volume. It managed to reach new all-time highs recently, buoyed by growing institutional interest.  

    However, the real draw is not the cryptocurrency but the platform itself, which has become wildly popular as a host for many other cryptocurrencies. This means that not only can investors profit from the trade of one of the best cryptocurrencies on the market but also from the wider use of Ethereum itself. 

    Ripple

    First launched in 2012, Ripple is both a cryptocurrency as well as a digital payment network for financial transactions. While most cryptocurrencies may avoid banks, Ripple embraces them wholeheartedly allowing users to make faster, low-cost, on-demand global payments of any size. Traditional cross-border transactions usually require banks to avail the services of an intermediary that delays completion. The digital cryptocurrency, Ripple, offers a much faster and more direct alternative to cross-border transactions. 

    This cryptocurrency enables many banks to offer new and improved payment channels, and it also simplifies the regular transaction process for consumers around the world.

  • Bitcoin and Ethereum Exhibits Resilience As Bulls Mount Pressure to Break Key Resistance Levels

    Bitcoin and Ethereum Exhibits Resilience As Bulls Mount Pressure to Break Key Resistance Levels

    The global cryptocurrency market is seeing a general uptrend, coming in as a healthy bullish resurgence following a downcast rally seen across the board yesterday. Bitcoin (BTC) and by effect Ethereum (ETH) is particularly energized as Chinese tech firm Meitu Inc doubled up on its accumulation strategy. The firm scooped up an additional 175.6 Bitcoins for $10 million bringing its total holdings to 31,000 ETH and 940 BTC.

    Following Meitu’s boost, the technicals are pointing to a bullish spike for both digital currencies.

    Bitcoin’s Resilience Seeking to Retest the $60,000 Psychological Level

    Per the BTC-USD Daily Chart, Bitcoin has been experiencing a price suppression from the $60,000 resistance level for close to a month beginning on March 15th. While a break beyond this level seems daunting for the bulls to pull off, Bitcoin’s current price close above the 50, 100, and 200 Simple Moving Averages is a bullish factor for an imminent pull-up.

    At the time of writing, Bitcoin is trading at $58502.2, up 3.14% in the past 24 hours per data provided by CEX.IO. Should the buyers intensify their push beyond the $59,000 resistance point, a price stir to $61,000 may be the next stop. Any pullback is certain to settle at the $56,000 support level in the short term.

    Ethereum Still Taunting Bitcoin Per Rate of Growth

    To the unbridled eye, Ethereum’s push to discover new price territories may not be as aggressive as Bitcoin’s, but in reality, Ethereum’s daily, and weekly rate of gain amongst others dwarfs that of Bitcoin. Currently exchanging hands at $2081.97, amounting to a 4.1% growth in the past 24 hours, Ethereum’s fight to close above the $2,100 price mark is getting intensified.

    The technical indicators, that is, the Moving Average and the Chaikin Money Flow on the ETH-USD Daily chart as seen on TradingView both points toward continuous growth paths. Ethereum bulls are eyeing a short-term close above $2,100, a move that will be achieved with a little more pressure to repel the bears.

  • Bitcoin SV Academy Offers Free Introductory Course to Bitcoin Theory

    Bitcoin SV Academy Offers Free Introductory Course to Bitcoin Theory

    Bitcoin Association, the Switzerland-based global industry organization that strives to widen the scope and uses of the Bitcoin SV blockchain, launched Bitcoin SV Academy before the year 2020 ended, and is now offering the online course “Introduction to Bitcoin Theory” for free.

    “Education is a cornerstone of the work we do at Bitcoin Association, as we help businesses and individuals alike understand the Bitcoin system envisioned by Satoshi Nakamoto, and how Bitcoin SV is the only project implementing that Satoshi Vision. Bitcoin SV Academy will be a key component of that work moving forward, providing a platform to deliver a robust curriculum tailored to all levels of ability and knowledge, as we educate the world about just what’s possible with the power of the original Bitcoin protocol,”

    Bitcoin Association Founding President Jimmy Nguyen said.

    Bitcoin SV Academy was established to make learning about the original Bitcoin design accessible to a wider audience through an online education platform that provides academia-quality and university-style courses and learning materials. This is in line with the objective of not only propagating awareness about Bitcoin SV, but also correcting misconceptions about Bitcoin that have been spreading across the Internet.

    And this is precisely why the Introduction to Bitcoin Theory course has been made available for free to all beginners. The course discusses the original Bitcoin design according to creator Satoshi Nakamoto, known in the real world as nChain Chief Scientist Dr. Craig S. Wright.

    The course is taught by Brendan Lee, head of technology at blockchain management consultancy Faiā, and Evan Freeman, an experienced technology educator and researcher passionate about Bitcoin innovation. There are 13 lessons totalling to nine hours of online classes. Bitcoin SV Academy is committed to educating people about what the Bitcoin SV blockchain actually is, its use cases and benefits.

    “The most important piece of infrastructure that Bitcoin can have is access and availability of education—not only does it broaden the pool of talent available to work and build with Bitcoin, but it also helps to spread awareness of what Bitcoin as an entire technology system can do and is truly capable of,” Steve Shadders, Technical Director of the Bitcoin SV Infrastructure Team, commented.

    Bitcoin SV Aacademy is soon to open the Bitcoin Development and Bitcoin Infrastructure courses for enrolment, all available in three levels: introductory, intermediate and advanced. There will be an assessment at the end of the course, and students will be awarded a certificate once they pass it.

    To take the course Introduction to Bitcoin Theory, register here for free.

  • Revolution Populi Review – Using Blockchain to Keep People in Control of Their Data

    Revolution Populi Review – Using Blockchain to Keep People in Control of Their Data

    If you are a user of social media platforms such as Twitter or Facebook, you must be well aware that these giants have been utilizing your data to turn a profit. Private user data is by far one of the most valuable commodities on the internet, and the technology giants have been taking advantage of this for the past decade to turn billions in profit for their companies.

    You see, on the outside, platforms such as Facebook and Twitter might seem free as they do not charge a subscription fee for you to use the platform. However, looking at it from the inside, the story is completely different. 

    An age-old saying goes something like “nothing is free in this world,” and that translates into the new digital world on the internet. There is another saying that states, “if you can’t see the sucker in the room – it’s you”.

    Both of these sayings ring very true when we continue to use social media networks like Facebook. We might think they are free but, in reality, we are paying a very high price to have the pleasure of using them as we hand over our personal private data to the tech giants.

    The giants would then go on to sell our private data to advertisers and institutions who end up targeting us across the internet in the hope that we buy their products.

    Luckily, these media giants are starting to lose control of what they are able to do with our data as regulators are beginning to step in to prevent them from taking it from their users without their consent. 

    However, this is not enough. 

    Privacy-focused Blockchain Solutions

    The creation of blockchain technology promises to bring about a decentralized financial system that takes the power from the centralized authorities that have been running it for centuries. However, this same technology can help revolutionize more than just the financial system.

    For example, the successful Brave Browser has done well to use blockchain technology to provide a privacy-focused web browser for users that ensures they are not being followed around on the internet through third-party trackers and cookies. However, this still does not solve the problem posed by social media giants taking advantage of privacy rights.

    Well, there is a new project on the block that has the main focus of returning data sovereignty back to the people through a blockchain-based social network.

    Let me introduce you to Revolution Populi.

    Your Data Is A Vital Natural Resource

    Spearheaded by David Gelernter, a Yale computer science professor, and Rob Rosenthal, a Goldman Sachs and Wall Street veteran, Revolution Populi touts itself as being the project that will finally bring data sovereignty back to the people through its blockchain-based solution.

    Revolution Populi’s goal is to provide a blockchain platform network that will allow its users to have the power to decide what data they would like to share about themselves and who would have the right to see it. 

    Firstly, the team has created a layer-1 blockchain that comes with the mechanics to allow users to manage access to the data that can be used by applications built on top of the blockchain – an example of such an application is a social network that the Revolution Populi team is building. 

    The blockchain has advanced the typical mechanisms that we see in the industry today with its Random Delegated Proof of Stake (rdPOS) consensus mechanism. rdPOS is similar to delegated Proof of Stake in the sense that there are 21 nodes that are actively maintaining the blockchain at any given moment. However, the advancement comes from the fact that the 21 nodes are randomly chosen from a pool of 63 elected nodes which provides a stronger balance between speed and broad participation.

    The testnet for the layer-1 blockchain is already up and running and can be examined through their blockchain explorer. Additionally, the code for the blockchain is now open source and can be audited on the project’s GitHub.

    Deeper Than Social Media

    Although bringing data sovereignty is the number one objective, their concept can be taken much deeper than just a social network.

    As mentioned, the social network is just the first dApp on top of their layer-1 blockchain. However, additional dApps can be built on top of the blockchain, which maintains the mechanism of the data sovereignty aspect.

    For example, the team intended to build a cryptocurrency clearinghouse which will be an entity that gives confidence to participants within the market that trades will be completed.

    Their technology was initially designed to be a clearinghouse for social media without selling user’s data, but they can also develop a neutral third party for financial institutions for all sorts of crypto transactions and become a clearinghouse in that sense. 

    The team has a wealth of experience in creating clearinghouses. For example, CEO Rob Rosenthal was a key negotiator for an industry group tasked with implementing a clearinghouse for credit default swaps in the aftermath of the 2008 financial crisis. 

    A clearinghouse in cryptocurrency would help to inject confidence and reduce counterparty risk. Bitcoin and Ethereum trades can rely on the public blockchain to provide confidence. However, when conducting cross-coin trades, the need for a clearinghouse between exchanges is vital.

    The RVP Token

    The Revolution Populi token (RVP) is the native asset for the layer-1 blockchain. The token was sold for ETH during a Dutch-style auction in which 1.2 billion RVP (60% of the total token supply) was distributed through the token sale. 

    This was the only token sale for RVP, and the team did not conduct any private sale. The RVP token will be listed on Uniswap and is expected to occur on April 7th at 8 AM EST.

    Here is a quick breakdown of the token allocation:

    • Public sale: 60%
    • Escrow for blockchain operations: 10%
    • Escrow for grants: 10%
    • Marketing and administration: 10%
    • Revolution Populi team: 10%

    As this is a delegated proof of stake blockchain, we can expect staking to be enabled on RVP for users to earn interest. Additionally, there are multiple use cases for the RVP token itself.

    For example, the RVP would be used for transactions on the different dApps on top of the layer-1 blockchain, such as the social media network or any financial services through the clearinghouse. Additionally, it can also be used in the governance process as the RVP tokens will be utilized as votes for any proposals in upgrades to the projects’ infrastructure. For more information about the project and its token, users can check out the official Revolution Populi Telegram channel.

    Conclusion

    In conclusion, the solution provided by Revolution Populi has been needed for many years. This need for a privacy-focused social media network increased in recent years as data collation practices started to come to the public spotlight – causing fear that it could spiral out of control.

    If Revolution Populi succeeds, it will provide a social media network that users can be sure that their personal data is being managed on their own terms and won’t unknowingly be sold to third party entities.

  • Uhive – First Social Network to Create NFTs for Users’ Profiles!

    Uhive – First Social Network to Create NFTs for Users’ Profiles!

    Written by: Dina Saleh

    Uhive is a revolutionary new British creator-first social network that has made it its mission to turn current social networks’ business models on their head! The cosmic themed social network is the first social network to create Non-Fungible Tokens (NFTs) for its users’ profiles (spaces) and that’s just the tip of Uhive’s disruptive technology.

    Uhive’s social universe, operates through a decentralized economy that is powered by the Uhive Token HVE2 (the network’s very own cryptocurrency). Users can explore interest based content through the Oasis – a spatial grid of virtual real-estate – and perform in-app purchases using the Uhive Token. In-app purchases vary from buying awards to reward creative content and provide it with more visibility through decentralized moderation (DeMo), to buying Spaces (profiles) that live inside the 26 interests within the Oasis. Spaces were designed to become NFTs from the conception of Uhive back in 2018.

    Similar to the blockchain game Sandbox, where 1,078 virtual lands were sold in less than 60 seconds last February, spaces on Uhive are virtual real-estate, that users will be able to buy or sell. They have a virtual location in the Oasis, and a value that fluctuates depending on their popularity, traffic, engagement, and are subject to the same conditions as real-estate. For instance, when a space is surrounded by a popular space, a branded space, or a trending space, the value of that space and others around it would instantly increase. Uhive is essentially giving its users the property rights to their profiles and the creative content that they publish so they can fully take advantage of their value much like Beeple – the graphic designer and artist – did when he sold his digital art collection for $69 million!

    Users on Uhive will truly own their space’s NFT, because they contain a unique token address on the Ethereum blockchain, specific to their space’s location, number of followers, content, badges, social scale, and rewards. Once the space’s NFT token is minted, the owner of the space can request to transfer it to their own Ethereum wallet for safe keeping, or sell it by transferring it to another user’s wallet. Recipients of the NFT will be able to claim the space by transferring the token to their own Uhive wallet address. With time, and according to the promising growth rate of NFTs today, Uhive spaces, usernames, and other digital assets on Uhive will become valuable collectible items similar to CryptoPunks NFTs which are currently being sold for more than $7million. With more than 300,000 users currently on Uhive who own more than 77,000 spaces and 8 million posts, the possibility for NFTs makes Uhive a very exciting proposition for anyone watching this space. 

    It is an exciting time for NFTs. They are in demand now in the same way that cryptocurrency was when it was first introduced to the world. And it is truly refreshing to see a social network embrace such a trend in order to empower its users rather than to line corporate pockets. 

    To learn more visit www.uhive.com

    Contacts

    Jay El-Anis Telephone: +44 20 8638 6083
    Email: jay@uhive.com

  • Guide On How To Choose Your Ideal Crypto Exchange

    Guide On How To Choose Your Ideal Crypto Exchange

    There are more than a thousand cryptocurrency exchanges providing leverage trading services. How to choose a suitable exchange becomes an important question every trader thinks about before joining the crypto market. As a writer familiar with various exchanges, I would like to present you with tips for choosing an ideal platform.

    A variety of factors are in play when we evaluate a platform: how long the companies have been running, whether the exchange comes with complete functions, whether it offers simple operation, and whether it supports desktops and apps. In addition to this, the transaction costs,  service response, reviews and reputation are equally important when choosing a platform.

    1. History

    A long-established exchange doesn’t necessarily equal a good exchange. But a trustworthy exchange will definitely not be a newly established one. A long-established exchange tends to have a mature fee structure, reliable trading engine and experienced customer support. It can’t get more frustrating to deal with a trading engine with various issues and crashing all the time.

    2. Complete Functions

    It’s crucial to find an exchange with complete functions. Firstly, choose one providing different trading indicators and cross-lines. They are extremely useful when analyzing the markets. Meanwhile, they should be made so simple that you will be able to grasp the usage of every button.

    Secondly, find one with simulated trading. A simulated trading engine serves as a sandbox for you to try out different strategies without worrying about losing money. It allows you to figure out the ins and outs of the trading engine so you will be more prepared for real-time trading. This function is especially useful to some beginners, who according to Bexplus Exchange, lose several times but still don’t have a clear idea of why they are losing and the rules of the exchange. Not every exchange offers a demo account, for instance, in Bybit you need to apply for one by contacting customer service. If you are a beginner, try Bexplus as they offer each user a demo account with 10 replenishable BTC.

    3. Support Desktops and Mobiles

    At least half of the exchanges in the market don’t support desktop trading and mobile trading at the same time. While mobile trading is not a must-have function, not having one might put a damper on user experience. Therefore, if you choose an exchange, it is best to find one with a desktop version and application. Analyzing is most convenient when done on a computer, and an application allows you to trade anytime and anywhere you want. As cryptocurrency is traded 24/7, it’s impossible to monitor the market all the time. Every good trader needs a trading app to monitor his/her positions timely.

    4. Fee Structure

    If you are a short-term trader, the fee structure is an important factor in choosing a trading platform. For example, the average fee for most trading platforms in the market is about 0.1%-0.2%. As far as I know, some platforms even have a transaction fee of as high as 8%. If you trade on a platform with an unreasonable fee, you could lose big.

    5. Attentive Service

    We all want to avoid contacting customer service as much as possible, but we all hope the customer service remains accessible all the time. Live chat is most recommended because you can quickly contact customer support and get your problem fixed. Even so, some exchanges only provide email customer service and it could take hours or even days to get a response.

    6. Rating

    If you find an exchange that interests you, don’t forget to do a search on Google and the app store to find out its downloads and ratings. Sometimes bad comments may not necessarily reflect the quality of an exchange and could be fake; but if there are a lot of negative reviews, then it is definitely not a good exchange.

    Bexplus – Recommended Crypto Exchange

    Established in 2017, Bexplus is a leading crypto derivatives exchange offering 100x leverage futures trading on a variety of trading pairs – BTC, ETH, LTC, EOS and etc. The company is registered in Saint Vincent and the Grenadines. No spread, no KYC requirements, no deposit fee, Bexplus is trusted by clients worldwide, including the USA, Japan, Iran, and Korea. 

    Intuitive UI and Various Trading Tools at Your Disposal

    Bexplus is famous for its user-friendly interface with powerful toolkits. You can use the toolkits on the left side of the chart to analyze the market trend and place the long or short order on the right side of the interface. Bexplus offers a P/L calculator for you to calculate the potential profits and fees before entering a trade.

    Another golden feature of Bexplus is the Bexplus wallet with up to 21% annualized interest. With fast withdrawal and no penalties for early withdrawal, you can continue to grow your wealth while holding your bitcoin.

    Personal Account Manager and 24/ Customer Service

    Each user can access a personal account manager after registration. Account managers help users better understand how the platform works and share strategies on crypto trading. The customer service handles complaints and questions 24/7 via email and live chat. 

    Simple Fee Structure

    Bexplus requires no deposit fee and has a relatively low service fee compared with many other platforms. For instance, while some platforms such as Bybit and Bitmex charge a funding fee every 8 hours, Bexplus only charges an overnight fee for 0.1% of the contract value if you hold a position over GMT 0:00. The trading fee of Bexplus is 0.075% for opening and closing BTC contracts. Bexplus doesn’t require any deposit fee. 

    BexplusKuCoinBinanceOKEx
    Trading Fee (Taker)0.75%0.10%0.10%0.15%
    Trading Fee (Maker)/0.10%0.10%0.10%

    Top-ranking App

    Bexplus mobile app ranks in the Top 5 of keyword search results related to bitcoin trading in 56 countries in App Annie. This full-featured app provides you with the same experience when using a computer, only far more convenient. Bexplus mobile app has a 24/7 market notification to keep you updated with any huge market movement.  All data and assets can be accessed through all kinds of devices including Windows, Macbook, Android phones, iPhones, and tablets. 

    Bexplus app is favored by most users with a rating of 4.8 in Google Play as well as Apple Store. 

    Benefits and Giveaway

    Every user can claim a 100% deposit bonus of up to 10 BTC for each deposit. If you deposit 1 BTC, 2 BTC will be credited to your account, and the profits gained with the bonus are withdrawable. Bonuses can be used as margin and bigger margin reduce the risks of forced liquidation. Traders are welcome to join the affiliate program and earn up to 50% commission. Bexplus will provide different marketing materials to help you grow your business!

    Conclusion

    The most significant advantages to use Bexplus is its concise interface and the beginner-friendly demo account. Bexplus offers tools to balance high profit and risk control to make use of 100x leverage trading. No KYC verification keeps Bexpus a safe harbor when some exchanges have records of leaking users’ personal data or even surrender to expose data to gov’nts and agencies. The interest-bearing wallet service makes Bexplus stand out from all crypto futures exchanges.

    Bexplus now has  a 100 % deposit bonus welfare activity. Please sign up to get it if you have interest.

  • Forget ETH Killer. This Crypto Project Aims to Be Facebook Killer

    Forget ETH Killer. This Crypto Project Aims to Be Facebook Killer

    Revolution Populi wants to foster social networks that don't steal your data.
    *By Jeff Benson - Decrypt.  

    In brief

    • Revolution Populi is building a blockchain-enabled database that allows data to be ported. 
    • It’s announced an integration with Matic Network and Chainlink.
    • RevPop envisions an ecosystem of competing social networks—with users who own their own data. 

    In our chaotic times, filled with partisan rancor and dueling versions of the truth, there’s one thing everyone can agree on: Facebook sucks. 

    Now, a fledgling blockchain project is one stop closer to taking down the internet Goliath and planting a flag for social networks that don’t control (or sell) user data. 

    Revolution Populi (RevPop, for short), a “layer-1 decentralized database with user controls,” has tapped Matic Network as a layer-2 solution, allowing developers on the RevPop chain to build their own decentralized applications. 

    And not just any Dapps, but social networks. “We’re developing a way in which a thousand social nets can be developed on top of this layer 1,” CEO Rob Rosenthal told Decrypt. 

    “If you use one, they change a rule, they do something you don’t like, you can instantly port your data from one to another, or back again, because you hold the keys,” he said. “All of that data belongs to you.” 

    While RevPop is also building its own social network, it’s making the project open-source in what it’s calling the “Facebook killer kit” so that others can develop their own social networks on its blockchain. 

    “This will allow developers everywhere to reach into, and contribute to, the RevPop layer-1 database and be a part of an ecosystem designed to return data control back to users,” Matic Network COO Sandeep Nailwal said in a press release. “Users are hungry for this kind of self-sovereignty.” 

    “The newest and most active part of the internet has been colonized by a handful of companies who grab data from users and keep it, and profit by it,” Revolution Populi Chief Visionary Officer and Yale computer science professor Dr. David Gelernter told Decrypt. 

    “Our Project aims to return digital rights and power to the people by means of a decentralized database built on blockchain, and a growing, decentralized world of social net and related apps along with it.”

    This will be facilitated through the use of the forthcoming RevPop token—with users of the company’s own social network receiving the token directly from advertisers. 

    While that’s kind of like how Brave rewards users with BAT, Rosenthal, a former Goldman Sachs vice president with a background in securities, said the team envisions it become something of a utility token for the platform. 

    But other social networks built atop RevPop’s database can pursue alternate funding models due to the project’s open-source design. The result, believes RevPop, is an internet where Facebook and Twitter have more competition. 

    “It won’t be a monopoly anymore,” said Rosenthal. “It will be broken up through free market competition. I hope.” 

    Uniswap Listing 

    The RVP token will be available on Uniswap, at 8AM EST, Wednesday April 7, 2021. Three pairs are set up in Uniswap: 

    RVP/ETH 
    RVP/MATIC 
    RVP/LINK 

    As RevPop has integration arrangements with both Polygon (formerly Matic) and Chainlink, these two additional pairs make sense. 

    The RVP token will be locked until 8 AM, Wednesday, April 7, 2021, but the pairs have been already established in Uniswap in advance to prepare for the RVP release. There are options to participate in a swap, or to add liquidity to a pool. To find the RVP token, enter the following contract address: 0x17EF75AA22dD5f6C2763b8304Ab24f40eE54D48a

    Website: https://revolutionpopuli.com/ 
    Twitter: https://twitter.com/Rev_Populi 
    Telegram: https://t.me/revpopofficial 
    Medium: https://medium.com/@RevolutionPopuli