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  • Watford FC Shirt Sleeves to Carry Bitcoin Logo [Sponsored]

    Watford FC Shirt Sleeves to Carry Bitcoin Logo [Sponsored]

    As part of a drive by English Premier League football club Watford FC’s shirt sponsor, Sportsbet.io, players will be wearing the Bitcoin logo on their sleeve. 

    The new aspect of the sponsorship deal will be part of a larger Bitcoin based push for Watford FC, who have also become the first English football club to accept Bitcoin as a payment method for merchandise, and there is talk of the cryptocurrency also becoming available to use onsite on match days. 

    Major Disruption

    Together, Sportsbet.io and Watford FC are attempting to revolutionize sports sponsorship, as Justin Le Brocque, head of marketing at Sportsbet.io, explained:

    “Our partnership with Watford marks a major disruption in the world of traditional sports sponsorship, and by adding the Bitcoin logo we hope this world’s first partnership will create even more buzz around cryptocurrencies.”

    Proving the football club are on the same page, Chairman and Chief Exec of Watford FC, Scott Duxbury, added:

    “Placing the Bitcoin logo on a Premier League shirt is something that challenges the accepted norm. We’re excited about the partnerships and the potential for new global conversations that it could help start for our club.”

    Will Other Clubs Follow Suit? 

    It seems likely that Watford will not be the only English club offering Bitcoin payments for long, and it should also be noted that they are not the first UK club which has made the move. 

    That honor goes to Scottish football club Ayr United, who announced in 2018 that they would be accepting Bitcoin payments as part of a similar sponsorship deal. 

    Something Completely Different

    In an article published on Medium, Tim Heath, CEO of Sportsbet.io went into further details about the reasons for the sponsorship deal with Watford FC, and how the two organizations were looking to work together to create something new. 

    “While we have been involved in sports sponsorship in the past — notably as headline sponsor of last summer’s 2019 CONIFA European Football Cup — our deal with Watford is something completely different.”

    Heath went on to explain the “thought process” behind the deal, saying that it is new to “[see] a cryptocurrency-led challenger brand such as Sportsbet.io claiming a prize piece of advertising real estate.”

    Heath went on to say:

    “A relentless innovation drive has helped us achieve this, and over time we have worked hard to ensure Sportsbet.io is available to as wide an audience as possible. This includes adding a range of currency options, both fiat, and crypto, including euros…

    “We are already extremely well established in the crypto community; if you hodl cryptocurrencies and like to wager on sports, you are probably already playing with us.

    But when the possibility of a Premier League sponsorship was first mooted, we saw an opportunity for something far bigger.”

    The Next Step

    It is clear from this interview that innovation was the aim with this sponsorship deal, and the use of the Bitcoin logo, as well as Bitcoin as a payment method, may just be the first step as Sportsbook.io look to try and change the game. 

    One thing that will almost come as a result of this is the state of Bitcoin legitimacy, especially with a wider audience. Bitcoin has long been used by online casinos in markets where credit card processing proved to be a challenge, but that is just looking at things on a micro-level.

    While the rise of Bitcoin has been well-documented, and the popularity of cryptocurrencies in general, and Bitcoin specifically as the best-known member of the growing pack, has been growing at a startling rate, there are still many in the wider community who have their doubts. 

    To see not only a high profile Bitcoin focused company but also the Bitcoin logo itself on the shirt of a major UK sports team will undoubtedly have a positive effect on Bitcoin’s reputation. 

    With the deal going a step further, and not only advertising Bitcoin through sponsorship, but also offering a practical form of promotion by offering Bitcoin transactions, it is more than likely that the result will be more people considering Bitcoin a legitimate currency, as opposed to an internet fad that they would rather avoid. 

    We can safely assume that this will not be the last such deal that is made between a sports team and a cryptocurrency-focused company, the buzz around the news about Watford FC, and the 2018 announcement from Ayr United, pretty much guarantees that more teams and more companies are going to want to get in on the Bitcoin revolution as it makes its way into the mainstream sports world, and especially football, where disruption makes a global impact. 

    As Tim Heath said in the aforementioned interview:

    “[Football] is a truly global phenomenon. When Norwich City’s Onel Hernández played on the opening weekend of this season, Cuba became the 114th country to have had at least player participate in the Premier League.

    It was yet another inspiring Premier League story.

    And as a partner of Watford — a young, upcoming team looking to disrupt the established elite — we are already looking forward to many more over the next three years.”

     

  • Technical Analysis of Crypto Currencies

    Technical Analysis of Crypto Currencies

    Across the major cryptocurrency, spectrum coins have been facing headwinds. While bitcoin was down a robust 6% in August, it paled to the declines seen in Ethereum and Litecoin. Negative momentum continues to perpetuate, for cryptocurrency trading in India, while a few of the major coins are technically oversold.

    Bitcoin 

    Bitcoin is the largest and the most liquid of the cryptocurrencies. Bitcoin has traded lower throughout August and is down slightly more than 6%. The exchange rate is currently testing support levels near the late July lows at 9,049. A break through this level would lead to a test of the 50-week moving average at 6,402. Short term resistance for Bitcoin is seen near the 10-week moving average at 10,499. 

    Short term momentum on bitcoin has turned negative as the fast stochastic recently generated a crossover sell signal. The fast stochastic is printing a reading of 42, which is in the middle of the neutral range.

    Medium-term momentum has also turned negative as the MACD (moving average convergence divergence) index recently generated a crossover sell signal. This occurs as the MACD line (the 12-week moving average minus the 26-week moving average) crosses below the MACD signal line (the 9-week moving average of the MACD line). The MACD histogram is printing in the red with a downward sloping trajectory which points to a lower exchange rate for bitcoin.

    Ethereum

    Ethereum was hammered in August dropping nearly 23% for the month. Prices have experienced a steady decline but are now oversold. The current reading on the fast stochastic, is 7, well below the oversold trigger level of 20 which could foreshadow a correction. The relative strength index (RSI) which is a momentum oscillator that measures overbought and oversold levels is printing a reading of 29, on a daily basis, below the oversold trigger level of 30 which also could foreshadow a correction. Medium-term momentum has also turned negative as the MACD (moving average convergence divergence) index recently generated a crossover sell signal. This occurs as the MACD line (the 12-week moving average minus the 26-week moving average) crosses below the MACD signal line (the 9-week moving average of the MACD line). The MACD histogram is printing in the red with a downward sloping trajectory which points to a lower exchange rate for Ethereum.

    Ethereum TA

    Litecoin

    Litecoin is down a whopping 34% for August and continues to trade under pressure. Support is seen near the December 2018 lows at 22. Resistance is seen near the 10-week moving average at 91.81. Medium-term momentum has also turned negative as the MACD (moving average convergence divergence) index recently generated a crossover sell signal. This occurs as the MACD line (the 12-week moving average minus the 26-week moving average) crosses below the MACD signal line (the 9-week moving average of the MACD line). The MACD histogram is printing in the red with a downward sloping trajectory which points to a lower exchange rate.

  • Betsson strengthens online presence with new roulette site after winding down UK operations [Sponsored]

    Betsson strengthens online presence with new roulette site after winding down UK operations [Sponsored]

    The igaming industry is rapidly turning into 2019’s version of the property market. No matter how much doom and gloom is thrown its way by markets, media and regulators, it just refuses to go into decline. New sites continue to appear in the marketplace every week and sometimes from the most improbable of locations. However, in the heartland of the online gaming industry, there is no denying that there is a sense of change in the air. The latest strategic realignment by Betsson, one of the major names in both igaming and sports betting, could serve as an indicator of things to come.

    Live roulette

    Farewell to London

    Betsson decided to pull the plug on its UK-based NetPlay operation at the end of last year, ceasing its TV deals with UK broadcaster Channel 5 and relocating the operations to Malta. This move attracted more attention than it might have done had it happened at another time. But the igaming sector is one that stands to sustain the biggest impact if and when Brexit finally becomes a reality. 

    As such, the media attached plenty of significance to the move and suggested that other major names would be quick to follow. This might come to pass, but it would be false logic to suggest that it is all down to Brexit uncertainty. There are social factors in play in the UK domestic market and increased regulation is likely to become a gambling chip in its own right when the inevitable General Election is called.

    Hello to Live Roulette

    Look a little closer at those new igaming sites being released and you will see that some are not quite so new after all. Many of the big names are looking to differentiate their product offerings through distinctive sub-brands, and Betsson has done exactly this with https://www.liveroulette.com/. As the name suggests, this is a site specifically dedicated to live roulette in its various forms, including European roulette, American roulette, mini roulette, and others. The one thing they all have in common is that these are live dealer games that focus on a social gaming approach.

    Betsson’s decision is indicative of a broader change in strategy among the major online gaming and betting sites. Over recent years, we have seen strenuous attempts to broaden services, and for sites that are best known for slot games to start pushing sports betting, online sportsbooks to open up online blackjack tables and so on. 

    Betsson is a brand that most casual punters associate with sports betting, and by launching liveroulette.com there is clearly an intention to strengthen and celebrate this, rather than risk diluting it. The new site, meanwhile, has a name that leaves gamers in no doubt as to what they will encounter when they step through the virtual doors. Will other major companies in the sector start to follow Betsson’s lead with their own sub-brands? If liveroulette.com proves to be a success, it seems almost certain. 

  • Why Are People Still Skeptical of Bitcoin & Cryptocurrency? [Sponsored]

    Why Are People Still Skeptical of Bitcoin & Cryptocurrency? [Sponsored]

    With markets clearly on the rise, people are still having cold feet when it comes to investing in Bitcoin. 

    Despite earlier reticence, many skeptics of Bitcoin and other cryptocurrencies are starting to come around. However, we still seem to be a far cry from mainstream acceptance and adaptability of crypto. 

    The turning tide shows few signs of turning back, which brings with it both good and bad news for the associated markets. Early investors can see big payoffs as crypto becomes more readily accepted by the masses, but it will also make it progressively more difficult to buy into if you haven’t broken in yet. If you are looking to get in, before the coin in circulation becomes even more difficult to snag, it’s important to go with a trading platform. 

    Bitcoin trading platforms, like the emergent Bitvavo, help entry-level traders keep an eye on not only their coin but also on the notoriously volatile markets. Even with the markets becoming far more credible, it’s still important to consider security for your investment. Learning market trends and indicators can be a rough road for even the most seasoned investors, as crypto markets trend far differently than normal currencies. 

    As more and more skeptics are softening their stance, it’s only natural to assume that the market is poised to become saturated with buyers, as well as naturalize mainstream purchase power and usability. Which, in sharp contrast to other markets, doesn’t mean that bitcoin will hold a bearish stance. 

    How Popular Opinion Affects Bitcoin Markets

    With recent die-hard critics of bitcoin, particularly those in the US political eye, changing their views are coming around to bitcoin as a trustworthy and legitimate commodity, the market has been seen to take a bullish upswing. Whether or not the two are correlatable, and even how they might be is as yet unknown, but many are happy to speculate. 

    US House of Representatives Kevin McCarthy was quoted as saying “I like bitcoin…The real thing I like when it comes to bitcoin is I like blockchain because I like the security. I want the government to start using blockchain.”

    While not everyone has fully jumped on the proverbial bitcoin bandwagon, like Peter Schiff, Euro Pacific Capital’s CEO, nearly all staunch critics are at least willing to come to the table and discuss. 

    But with this surge of newfound optimism, we can hope to see widespread optimism in the entire market. Which is great for those who have already invested, as well as those looking to get in. Largely due to the renewed interest. As more look to participate in bitcoin and its associated technologies, industries are surely looking for ways to boost existing security and provide supportive software for those involved. 

    When Former Skeptics and Pricing Collide

    With more people becoming encouraged by bitcoin, the market is bound to take a leap. As more and more purchase coins and pack wallets, the market will skyrocket, as much like the gold it’s often likened to- bitcoin is a finite commodity.

    It cannot be arbitrarily produced and what’s currently available is all the market has to toss around. There are 21 million bitcoins in existence, no more will ever be created. Of those 21 million, about 17 million have been released through a process called “mining”. Miners are essentially the programmers that work to solve the complex equations that log and store bitcoins transactional information- “blockchain”. For each number of blockchain that are created, miners are awarded a specific amount of bitcoins. This amount, which started at fifty bitcoins per block, is set to halve every four years or so. Miners currently receive 12.5 bitcoins per block, which is set to halve again in 2020. 

    As fewer coins are released, and millions are either hoarded or lost forever, the actual tally of bitcoins in circulation is much lower than the expected 17 million. Making bitcoin a rare commodity indeed. 

    While this could spell big profit for those involved, bitcoin can also be seen to lose value as it becomes more mainstream. This is due to the fact that each time bitcoin is purchased, no matter the entity that is buying, bitcoins value will increase. However, the more that coin is used transactionally, like paying for goods and services, or being exchanged for different currencies- bitcoin will drop in price.

    Which, for some, will hopefully show them a more balanced market with decentralized monetary systems that we can all enjoy readily.

  • Early Bitcoin vs Today’s Bitcoin

    Early Bitcoin vs Today’s Bitcoin

    On October 31, 2008, a whitepaper titled “Bitcoin: A Peer-to-Peer Electronic Cash System” was published by a mysterious identity under the name “Satoshi Nakamoto.” The document discusses Bitcoin, which is the first type of cryptocurrency to ever be introduced. 

    As soon as it was launched, Bitcoin quickly became one of the hottest topics on the web. Although most people say that Bitcoin is new, that’s not exactly true since it has been around for more than 10 years. Over the course of that decade, Bitcoin has undergone a lot of changes and there are now numerous bitcoin trading platforms such as Bitcoin Investor that encourage people to invest in bitcoin.  

    Read on to find out how much Bitcoin has changed from its early years to its current state today.

    Ealy Bitcoin (2009-2014)

    After it was launched by the mysterious Satoshi Nakamoto in 2008, Bitcoin became available to the public in 2009. The only way to earn Bitcoin during this time is through mining. Mining is a process that creates or rediscovers the Bitcoin currency after solving a series of complex mathematical problems. After solving a complex mathematical problem, you’ll be rewarded with Bitcoins. 

    Since it was only mined during its early stages, Bitcoin has no monetary value. It was in 2010 when a certain individual decided to sell his 10,000 Bitcoins for just two pizzas. From hindsight, if that person managed to hold onto his 10,000 Bitcoins, he would probably have more than $100 million by now instead of just two pizzas. 

    As Bitcoin became more popular, the concept of having decentralized and encrypted digital currencies also became more interesting. The first alternatives to Bitcoin were introduced in 2011, which were Litecoin and Namecoin. These alternatives are often called as Altcoins and are claimed to be much better than Bitcoin in terms of speed, anonymity, or other possible advantages, according to their developers. Litecoin and Namecoin were just among the first to emerge as an ideal alternative to Bitcoin, but today, there are now more than 2,000 cryptocurrencies in circulation. It’s also worth noting that new types of digital currencies are continuously appearing every year.  

    Due to its popularity, Bitcoin’s value continued to soar. In April 2013, however, Bitcoin saw one of the biggest crashes in its short history as its value fell down from $233 to $67 in just one one night. That’s a massive 71-percent drop in just 12 hours. It took seven months before Bitcoin’s value recovered, which reached a high of $1,150 in late November thanks to media coverage.

    But Bitcoin faced yet another crash in mid-December of 2013, with its price going down again to half of $1,150. It took more than two years for Bitcoin’s price to recover again. The main cause of this crash was attributed to the Mt. Gox calamity of 2014. This is one of the biggest tragedies to has ever happened to Bitcoin and it nearly caused the cryptocurrency to sink. 

    This happened when Mt. Gox—a Bitcoin exchange company where people can buy and trade Bitcoins—was hacked. At the time, Mt. Gox was the largest Bitcoin exchange in the world until the company was dissolved. Right after the hack, Mt. Gox put a stop to Bitcoin withdrawals and then revealed on February 7 that the hackers were able to steal 850,000 Bitcoins, which is equivalent to around $4 billion today. Because of this incident, many people began to doubt the security of cryptocurrencies, which greatly affected Bitcoin’s value for a couple of years. 

    Today’s Bitcoin (2015-2019)

    After its value staggered greatly in 2014, Bitcoin’s price in 2015 stayed relatively low-key and stable throughout the year. The slow but steady price growth in 2015 started from $315 to $426. 

    Its value rose in 2016, which hit $772 around June. But from August to December, Bitcoin’s price fell down again. The year, however, ended on a positive note for Bitcoin as its value managed to rise to $953 by mid-December. 

    In 2017, Bitcoin enjoyed a really good year as it saw many positive developments. The cryptocurrency gained support from many governments, lawmakers, and financial institutions from around the world, which helped increase Bitcoin’s value. Thanks to a rise in public interest, more media coverage, and support from many financial institutions, Bitcoin’s value rose to $10,699 at the start of December and reached an all time high of $19,783 by December 17. The price was not sustained, though, as it fell off slightly and finished the year at $13,313.

    The start of 2018 was also good for Bitcoin. Its price continued to pick up from $13,313 to $17,462. But after a series of events such as Facebook, Google, and Twitter banning cryptocurrency ads and the major cryptocurrency exchange hacks, Bitcoin’s price saw a big drop yet again. By December, Bitcoin’s value was down to $3,130.

    After a couple of months, Bitcoin’s price started to recover again. By April 2019, its value rose to the $4,000 mark and reached $5,200 by the end of the month. The month of May was also very strong for Bitcoin, reaching $8,600 by the end of the month. Finally, on June 22, 2019, Bitcoin’s value crossed the five-figure mark again and skyrocketed to over $13,000. 

    Conclusion

    The difference between early Bitcoin compared to today’s Bitcoin shows the true nature of this cryptocurrency. It is extremely volatile and it’s hard to predict whether its value will rise or fall over the next couple of years as it constantly fluctuates due to security concerns as well as government and public support. But even though it is highly volatile, many people are still interested in investing in Bitcoin. This can perhaps be attributed to to today’s Bitcoin having more media attention, exposure, and public awareness. 

     

    If you’d like to invest in Bitcoin, keep in mind to do your research first before making any investments in order to avoid major pitfalls and maximize the potential profit that you can earn.

  • NEXO Token Holders Receive US$2,409,574.87 in Dividends  [Sponsored]

    NEXO Token Holders Receive US$2,409,574.87 in Dividends [Sponsored]

    Nexo is delighted to announce that the Dividend Payment of US$2,409,574.87 to NEXO Token Holders scheduled for August 15, 2019, is now complete.

    NEXO Token Holders can simply log in to the Nexo Mobile App to view the dividend that has been credited to their wallets.

    The annualized dividend yield is an impressive 12.73%, which surpasses all of the highest dividend-paying stocks in the S&P 500.

    Nexo’s innovative dividend-distribution methodology rewards long-term investor confidence and also decreases market volatility around ex-dividend dates. It consists of two parts – the Nexo Base Dividend and the Nexo Loyalty Dividend, each making up 50% of the total amount in the current distribution.

    Since the April 2018 launch, Nexo has seen exorbitant growth of the registered user base to 250,000+ and has gained significant market share, making Nexo the market leader in Crypto FinTech.

    Nexo’s impeccable and innovative marketing strategies, unrivaled customer support, combined with a substantial upswing in crypto asset prices across the board has ensured unprecedented demand for Nexo’s signature Instant Crypto Credit Lines™

    This has given us the means to further give back to the community, by allowing investors from around the world to generate 8% with Nexo’s high-yielding ‘Earn Interest’ product.

    The launch of the Nexo Mastercard, the acquisition of commercial banking capabilities and bridging the gap between traditional and decentralized finance all ensure Nexo’s lead in the market and the sustainability of our long-term growth rates. 

    The entire Nexo Team is dedicated to making sure that our savvy investors earn ever-larger returns on their investment.

    In addition to regular and growing dividend payouts, the team is working on the NEXO Token Utilities 2.0 that will bring a plethora of new amazing utility features, including, but not limited to:

    • Better interest rates on all Nexo products
    • Premium features and functionalities
    • Higher Nexo Card Cashback 
    • Exclusive Nexo Card designs 
    • Affiliate commissions
    • Invite-only access to products and events

    This Utilities 2.0 overhaul ensures a continuously growing demand and appreciation of the NEXO Token.

    To participate in Nexo’s financial success, make sure to purchase NEXO Tokens on Huobi, the community’s most preferred cryptocurrency exchange.

    Thank everyone for their ongoing trust and support!

  • Bitpanda launches its Global Exchange after having raised €43.6 million in the most successful European IEO to date [Sponsored]

    Bitpanda launches its Global Exchange after having raised €43.6 million in the most successful European IEO to date [Sponsored]

     

    • Bitpanda raised €43.6 million by selling out their IEO
    • BEST is the most successful European IEO to date
    • The Bitpanda Global Exchange is the first worldwide product and was made for professionals and institutions
    • It aims to become the largest Euro exchange with the lowest fees for fiat-to-crypto trading in the industry
    •  Bitpanda will use the funds to drive the company’s expansion

     

    Vienna, 7th of August 2019 Bitpanda, the Viennese fintech with more than 1 million users, reached a significant milestone: the company sold out their first Initial Exchange Offering (IEO) for its own ecosystem token BEST, having successfully raised €43.6 million. This makes BEST Europe’s most successful IEO to date. Today, the fintech scaleup launches the Bitpanda Global Exchange (Bitpanda GE), a digital asset exchange for experienced traders, professionals, and institutions. Bitpanda’s first worldwide product allows crypto-to-crypto trading around the world and fiat-to-crypto trading in more than 54 countries. It has been developed 100% in-house over the past two years. Bitpanda GE will also offer some of the lowest maker and taker fees in the industry. 

    “Our goal is to establish the Bitpanda Global Exchange as the largest Euro exchange with the lowest fees for fiat-to-crypto trading in the industry. Bitpanda has been around since 2014 and holds an excellent reputation. We can build on a lot of synergies and experience,” says Bitpanda CEO Eric Demuth.

    The Bitpanda Ecosystem Token (BEST) is the Bitpanda coin that offers users a wide range of benefits and perks within the company’s ecosystem. For example, they will get a reduction of up to 25% on Bitpanda trading fees starting in Q4 2019 and will get priority access to the upcoming Bitpanda Launchpad.

    The company will use the €43.6 million raised with BEST to drive expansion beyond Europe and cryptocurrencies. Bitpanda continues to work hard towards a fairer, more transparent and easily accessible world of personal finance.

    About Bitpanda

    Bitpanda is a fintech based in Vienna, Austria founded in 2014 by Eric Demuth, Paul Klanschek and Christian Trummer. The company is a firm believer in the innovative power of cryptocurrencies, digitized assets and blockchain technology. Bitpanda’s mission is to tear down the barriers to investing and bring traditional financial products to the 21st century. Today, Bitpanda has more than 1 million users and 120 team members. With a PSD2 payment service provider license, state-of-the-art security and streamlined user experience, Bitpanda has grown into a popular trading platform for newbies and experts alike. Users can currently trade Bitcoin, Ethereum, gold and over 20 other digital assets.

  • BetMatch – decentralized betting house based on blockchain [Sponsored]

    BetMatch – decentralized betting house based on blockchain [Sponsored]

    The project’s top priority is fraud protection and bookmaker’s activity transparency (users can always verify the platform’s account balance). You can bet that betting will become more innovative.

    People have been making bets since the earliest of times. In Ancient Greece, spectators used to bet on the Olympics’ participants, while in Ancient Rome – Romans used to bet on gladiators and chariot racers. Back then, people placed bets by agreeing with each other. Bookmaking as a business originated in Britain two millennia later. Throughout history, governments limited or even prohibited betting and gambling, as they took the matter very seriously. Betting industry boomed in the 1990s as bookmakers started to accept bets via the Internet.

    Crypto-betting is secure, fast and transparent.

    Typical betting platforms share the same problems, such as opacity, geographical payment limitations and necessity to trust site owners who might fix the odds or refuse to pay-out the winnings. All these problems can be easily solved by implementing blockchain and cryptocurrency into the core of a betting system.

    In the majority of cases, gamblers are not able to keep track of the funds and trace the bets in a blockchain. Such bookmakers use cryptocurrency only for client generation and do not take the next step.  

    Blockchain technology can offer a solution that can break this cycle of mistrust and create a new standard for online betting. BetMatch project utilizes such a solution and offers betting based on blockchain technology.

    BetMatch is a decentralized betting house that combines a classical business model based on traditional betting abiding by an unbiased paradigm that uses blockchain technology with a social betting network as the second (community-based) layer. BetMatch’s architecture offers several features that work together to create a safe and transparent betting system:

    – elimination of the human factor and third-party influence on bet processing results displaying and winnings pay-out

    – all bets are unprecedentedly fair and transparent due to the use of blockchain technology

    – cryptocurrency-only bets, which means no more payment systems’ fees on deposition and withdrawal or immense charges on the winnings

    – “bookmaker’s guarantee” is replaced with “smart-contract”, which means that all the bets will be instantaneous and pay-outs can’t be delayed or canceled

    – using internal tokens for betting can reduce the internal fees twofold

    BetMatch uses XBM internal tokens (Ethereum ERC20 standard). Using these for betting, users can drastically decrease the internal fees or even cash out said fees on top of the winnings. Users can also lease the XBM tokens to the users in need for a small percentage of their winnings. XBM tokens will also be awarded to active and useful members of the community, such as experienced forecasters or outstanding sports analysts. The token is listed and can be purchased on Latoken exchange (https://latoken.com/ico/ETH-XBM), Crex24 (https://crex24.com/exchange/XBM-ETH) and betmatch.io. The token has grown 500% since its launch.

    Players using centralized betting systems risk losing their money, as the company itself decides how much will be paid-out in the end. BetMatch with its combined business model, however, is designed to create a long-term solution for modern cryptocurrency-based betting systems.

    Funds are deposited on a smart-contract which automatically transfers currency for betting on the user’s account and pay-out is guaranteed by a dedicated liquidity pool the balance of which can be verified at any given moment. Every 100th block containing data on the private blockchain activity is uploaded to Ethereum public blockchain. That allows the system to operate with high speed but also provides security, decentralization and fail-safety.

    Enjoy secure betting on BetMatch.io.

  • The AMFEIX Fund – a great alternative for investing your BITCOIN  [Sponsored]

    The AMFEIX Fund – a great alternative for investing your BITCOIN [Sponsored]

    Bitcoin (BTC) enthusiasts can now easily invest their crypto thanks to the AMFEIX.com fund. The fund, managed by AMFEIX Digital Asset Management, has revolutionized cryptocurrency earnings by allowing investors to deposit their Bitcoin in a pool of digital assets, from which the company invests and trades to generate a profit for members. With only 0.02 BTC, you can start multiplying your holdings in the fund.

    AMFEIX makes regular trades in several crypto-to-crypto and crypto-to-fiat pairings carefully selected considering their historically high performance, projected returns and potential future gains.

    Why Invest in AMFEIX?

    Confidential and Straightforward Registration Process

    AMFEIX allows you to prove your identity without providing any personal details. You can keep your personal identity safe by using pseudonyms.

    The process of investing in the AMFEIX fund is super easy. You only need to create a wallet on their website and, once it is ready, you can then send your Bitcoin from your wallet or exchange it to your AMFEIX wallet. Your balance will reflect on the platform within 24 hours.

    Nil Fixed Fees

    The asset management firm doesn’t charge any flat fees, except for the 20 percent profits fee. The company, therefore, only charges you when you’ve made a profit on your investment. Impliedly, AMFEIX has to work hard to ensure that you get a return on investment for them to earn. 

    Favorable Profit Sharing

    Even after investing and ensuring that you have made a profit, AMFEIX has a pleasing profit-sharing formula of 2:8, meaning that they will only get 20% of your profit while you get the remaining 80%.

    Continuously Compounding Capital

    Once you’ve invested in the fund, any profits that emanate from your investments are reinvested, and your capital continuously grows until you choose to withdraw your earnings.

    One-click Withdrawal Procedure

    If you feel like withdrawing, your funds are only a click away. You can remove, at any time, a portion or all your earnings. AMFEIX will send the funds and, within 24 hours of the request, you will find your funds in your account.

    Extremely Secure Website

    AMFEIX has taken several measures to ensure that investors’ funds are secured, especially in the wake of recent hacks on cryptocurrency exchanges.

    First, the investment fund is built on the Ethereum network, meaning that it is decentralized. Therefore, the funds in your wallet with AMFEIX are outside the realm of the central authorities and anyone with malicious intentions.

    Second, the firm uses cold storage to secure funds in their custody that aren’t being traded. By doing so, AMFEIX ensures that the funds are out of the hands of anyone who wants to secure them less effectively. Importantly, cold storage has proved to be a secure method of storing funds because it is less prone to hacking.

    Third, the firm protects investors’ funds by trading only on 30-50 % of the existing pool of funds. By doing so, AMFEIX shields investors from losing everything due to a wrong move, while also protecting themselves from liquidation.

    Finally, investors creating a wallet with AMFIEX get a set of 12 words, referred to as seed keys, which they should remember. The security measure verifies and links any new device that attempts to log into one’s wallet.

    Lucrative Referral Program 

    You can increase your profits by using the referral program provided by AMFEIX.com. All you need to do is to copy your referral link and share it with others. If anyone uses your link to open an account with AMFEIX and proceeds to invest, you will be a beneficiary of 10 % of the profits they make.