9 Best Cryptocurrency Exchanges In The World To Buy Any Altcoins

9 Best Cryptocurrency Exchanges In The World To Buy Any Altcoins

Here is a consolidated list of best cryptocurrency exchanges with my comments:

  1. Binance:Offers mobile app and probably the fastest growing exchange. If you need to pick only one, this is the best and #1 in 2019.
  2. Bitmex: Very popular with high volume
  3. KuCoin: One of the strongest exchange that also offers a mobile app (Android and iOS). They have been constantly updating their mobile app to make it one of the best in the industry.
  4. CEX: My favorite
  5. CoinMama: Old but gold and let you buy BTC and ETH instantly.
  6. Bittrex: Another high-quality exchange with a lot of coins
  7. Changelly: Instantly convert any cryptocurrency to any of your choices. Great for instant conversion

                              Best Cryptocurrency Exchanges

Slowly and steadily, Bitcoin and altcoins are getting attention from more investors

all around the world. And why not? These cryptocurrencies are time and again proving themselves to be a safe haven against government’s inflationary policies. That’s why some people are even securing cryptocurrencies as their retirement funds, while some are doing pure speculation with short-term trading (i.e. buy low, sell high). And let’s not forget about those who are just starting off by looking around to find the answer to questions like:

  • Where do I buy such currencies?
  • What are the best cryptocurrency exchanges?

But before we talk about the best exchanges out there, I need to tell you that it’s not too late to get invested in cryptocurrencies. At the time of this writing, the Bitcoin and altcoin market is at an all-time high, with a market cap of $166 billion. I believe we will cross the $250 billion mark later this year. So now that you know you should invest, here’s where you need to go to do that.

Note: This list is starting from easy to use exchanges and moving towards some of the advanced exchanges.

9 Best Cryptocurrency Exchanges for Trading Cryptocurrency

1. Binance

Binance is a rapidly growing exchange that concluded its ICO a few months back. Though it is based out of China, it doesn’t serve its native country but is open to almost all countries around the world. Since its ICO to till date, it has grown tremendously and is now placed in top 10 cryptocurrency exchanges in the world. It now has more than 140 altcoins listed on it which are only increasing as the days are passing. Binance being a centralized exchange has taken a unique take to expand its business and also provides a decent discount for day traders if they use BNB coins. BNB is Binance Coin which is the native currency of this platform. Binance’s fee structure is also unique. To start with they have 0.1% standard trading fee which is already quite less than other peers. You can even reduce your fee further if you pay your trading fee in BNB according to the below-shown structure.

To get started with Binance you need to register using your email ID and the process is quite simple & fast. Moreover, you get 1 QTUM coin as a kind gesture for registration which is limited to 10,000 QTUM coins on first come first basis. Binance is one of the few exchanges that offers mobile app for iOS and Android. Being using it for a while, I find it too easy to trade cryptocurrency while on the move. You can watch this video to learn how to use their mobile app. They also have aggressive plans like multi-lingual support, mobile apps for both iOS and Android users, Binance Angel Program,  and the Community Coin Per Month etc for more adoption of their platform.

BitMex is high volume crypto exchange created by a talented team of economists, high-frequency traders and web developers for the crypto community. Here you will never find any issues regarding the liquidity of your cryptocurrencies. The primary currency traded on this exchange is Bitcoin and its future contracts. Apart from Bitcoin contracts, one can also play around with future contracts for altcoins such as Bitcoin Cash, Ethereum, Cardano, Litecoin, Ripple. The registration process on BitMex is quite simple where you just need to register through your email ID and their fee structure is also quite straightforward as shown below: Trade On BitMex

3. KuCoin

KuCoin is another easy and hassle-free cryptocurrency exchange. KuCoin offers many popular and unique coin such as DragonChain, $KCS, and many others. Just like Binance, they offer a fully functional mobile app for Android and iOS. To get started with KuCoin, you can deposit any crypto of your choice ex: BTC and start trading. Personally, I have been using KuCoin since last quarter of 2017 and they are getting popular day by day. Get started with KuCoin

4. Changelly

Changelly is one of the easiest ways to get ahold of various cryptocurrencies. Changelly has a proven track record of consistently good products being put out into the crypto-space. One of the best things about Changelly is that you don’t need to go through any lengthy verification or registration process. You just log in with your email ID (or any email ID) and start exchanging! Currently, it supports more than 35 cryptocurrencies along with fiat pairs such as USD/EUR. It is one of the best and easiest to use exchanges out there. If you want to know more, check out Harsh’s review on Changelly.

When you use Changelly to exchange cryptocurrency, Changelly bots connect in real time to some of the best and busiest cryptocurrency exchanges in the market to get you the best price. Usually, when using Changelly, a crypto-to-crypto exchange takes 5 to 30 minutes. They charge a commission fee of 0.5% on each trade, which I think is minimal in exchange for the volatility and risk that they bear on behalf of their users. In addition to the commission, a miner’s fee is also paid by the user and is deducted directly from their crypto balance. But all you need in order to buy from Changelly is a VISA/MasterCard (credit/debit card) or any Changelly-supported cryptocurrency and a wallet where you want to receive your new coins. The procedure is very simple. Head toward CoinSutra’s Cryptocurrency Exchange – Changelly, and follow the steps given in this guide.

Note: Though this guide shows how to buy Ripple in exchange for BTC, the process is exactly the same to buy any other Changelly-supported cryptocurrency. And if you want to buy cryptos using a VISA/MasterCard, then here is their official step-by-step guide on doing that. (Even though this guide is for buying BTC using a VISA/MasterCard, the process is the same as buying any other Changelly-supported cryptocurrency.)

5. Huobi Pro

Huobi Pro is an international cryptocurrency exchange that originated in China but now has moved across the world to serve a maximum number of investors. It is based out of Singapore and has been operating in this space successfully for the last five years.

As we speak, it occupies the #3 spot on CoinMarketCap’s list of exchanges by volume and has 244 cryptocurrency pairs. Hence, needless to say, of this, you will never face liquidity problems on this exchange. They also have mobile apps for both Android and iOS for users who want to trade cryptos on the go. Their registration process is also pretty simple and straightforward, so go ahead and do the needful. Oh, and just so you know, the exchange fee is also pretty low. Have fun. Do read, Huobi Exchange Review & Benefits of HT token: Can It Pull Off Another Binance?

  • Join Huobi Pro

6. Bittrex

Bittrex is a US-based cryptocurrency exchange that provides you the option to trade more than 190 cryptocurrencies at a time. They are well-regulated and compliant with all of the current US rules, so crypto users need not worry about the safety of their funds. Bittrex handles one of the largest BTC trading volumes out of all the exchanges in the world.

Here, the users (buyers/sellers) decide the rates in which they want to trade, and Bittrex charges them a small service fee for providing this platform (0.25%). To get started with Bittrex, you need to register and log in through your email ID, but to withdraw funds, you need to do a KYC by submitting your ID documents and phone number, as well as enabling two-factor authentication for higher limits. But one good thing about Bittrex is the account verification happens quite fast.

Bittrex supports two types of accounts:

  • Basic Account – withdrawal funds worth up to 3 BTC/day.
  • Advanced Account – withdrawal funds worth up to 100 BTC/day.

Bittrex is a “crypto-only” exchange, meaning it doesn’t allow you to deposit fiat currencies such as USD, EUR, GBP, etc. They provide access to advanced trading tools like candlestick charts and crosshairs, but the user interface is quite clean and intuitive, so newbies should have no problems. You can visit Bittrex and open a Bittrex account by following this official step by step guide here.

7. Poloniex

Founded by Tristan D’Agosta, Poloniex has been operational since January 2014 and is undoubtedly one of the biggest cryptocurrency exchanges in the world. It is based out of the United States and offers +100 cryptocurrencies to its users to trade. When you talk about trade volumes, nothing beats Poloniex. In 2017, Poloniex had the highest volume for ETH because it supports an independent Ethereum market as well as a BTC market.

It is a crypto-only exchange, but you can start trading easily by depositing USDT (Tether dollars). Poloniex also has zoomable candlestick charts for 5-minutes, 15-minutes, 30-minutes, 2-hours, 4-hours, and 1-day, along with a stop-limit feature for advanced cryptocurrency traders. Poloniex charges a fee of 0.15% to 0.25% on all trades depending upon whether you are a maker or a taker. So if you are looking to trade a variety of altcoins, then you should give Poloniex a shot. To get started with Poloniex, follow this official guide. Remember: As soon as you sign up for Poloniex using your email, do make sure to enable two-factor authentication! Check out Poloniex

8. Bitfinex

Bitfinex is another one of the largest and most popular cryptocurrency exchanges out there. Based out of Hong Kong and operational since 2014, it gives its users the option to trade the following 13 cryptocurrencies in exchange for USD or BTC:

  • Bitcoin
  • Bcash
  • Dash
  • Ethereum
  • Zcash
  • Monero
  • Litecoin
  • Ethereum Classic
  • OmiseGO
  • EOS
  • IOTA
  • Santiment
  • Ripple

Update: They have added a lot more cryptos recently. Unlike Bittrex and Poloniex, you can trade using USD (with a wire fee of at least $20). Also, users will need to pay a trade fee which varies from 0.1% to 0.8%

Also, whenever you withdrawal or deposit anything, you are charged a certain fee:

On Bitfinex, if you are a pro-trader, you will find advanced trading tools such as limit orders, stop orders, trailing stop, fill or kill, TWAP, and others, along with different market charts. To get started on Bitfinex, you need to register, verify your ID, and authenticate yourself. It typically takes 15-20 business days after submitting valid ID proof before you’re accepted into the platform. And whenever you get bored with the web version or want to trade on-the-go, you can use Bitfinex’s Android and iOS mobile apps.

The Best Crypto Exchanges

Using the above cryptocurrency exchanges will allow you to buy almost all of the cryptos you could ever want to buy. However, there are a few more cryptocurrency exchanges that you should have an account with, as there are a few coins that are only available there. It’s a good idea to have an account on most of these, which will save time when you discover a winning coin.

Some of those exchanges are:

  • Gate.io
  • YoBit

I will update this post as I find other trustable and feature-rich cryptocurrency exchanges. For now, you can consider joining our Telegram channel to stay updated with all the latest info. I hope these insights help you in choosing the best cryptocurrency exchange for you to use.

But one word of caution:

  • Don’t use these exchanges as a wallet to HODL your cryptos.

If you are storing cryptocurrencies on these exchanges for a few hours or even a few days for the sake of trading, then it’s probably OK. Otherwise, this is a bad practice. Large-scale hacks like Mt. Gox can happen at any time. I would strongly recommend you to use the Ledger Nano S or a wallet like Exodus, where you can store a lot of different cryptos and control your private keys.

Article Produced By
Harsh Agrawal

Howdy, Welcome to popular Cryptocurrency blog 'CoinSutra'. I'm Harsh Agrawal, a tech enthusiast & Digital nomad from New Delhi, India.I started CoinSutra to help users around the globe to learn about popular Cryptocurrencies.Here at CoinSutra I write about Bitcoin Wallet, Cryptocurrency wallets, Online Privacy & Security, VPN experiences & making money from Crypto.

https://coinsutra.com/best-cryptocurrency-exchanges/

What Happens When All the Bitcoins Have Been Mined?

What Happens When All the Bitcoins Have Been Mined?

Over 83 percent of all bitcoins that will ever exist have already been minted.

Over 99 percent will be mined by 2040. So, what happens when all the bitcoins have been mined?

Bitcoin Has a Finite Supply of 21 Million Bitcoins

One of the key features of Bitcoin is its hard-capped finite supply at 21 million bitcoins. This means it is entirely impossible to print out of thin air like fiat currency which makes it a deflationary currency by nature. Bitcoin’s scarcity also drives its value. Yet, since Bitcoin is sustained by a network of miners who are compensated in block rewards, many people wonder what happens when all the bitcoins have been mined? What will miners do once the 21 million hard-cap has been reached? How will they make their living and what will incentivize them to keep the network secure? The short answer is transaction fees.

What Happens When All the Bitcoins Have Been Mined?

Currently, when a new block is created, miners receive a block reward, which contains both newly minted bitcoins and transaction fees. This reward incentivizes miners to behave correctly and protect the network. Once all the bitcoins have been mined, and miners have to rely on transaction fees alone, will that be enough to remain financially operational? If not, could that lead to a contraction of miners that would centralize and potentially collapse the network? Not according to research by Interchange and Awe and Wonder. Looking at the below chart, you can see that by the year 2030, transaction fees start to represent a much higher part of the block reward. Once the fees make up over 50 percent of the block reward, miners transition to surviving on TX fees more than BTC.

Will Transaction Fees Be Enough to Incentivize Miners?

The answer to that question is that no one is entirely sure how things will play out. However, there is sufficient evidence to suggest that yes, transaction fees will be enough to sustain miners and thus the Bitcoin network. After all, as the value of Bitcoin rises, so do the fees. There are some concerns about whether rising fees will deter people from using Bitcoin. However, fees will still remain significantly lower than transferring fiat around the world. Just consider how much a fiat wire costs now, or the commission on purchasing a home for example. As Interchange

points out:

Average closing costs on a home are 2% of the value, or $8,000. I’m sure individuals will be fine paying $50 in the future to send an immutable payment with an asset that can’t be easily taken away from them (unlike real estate which could be seized in a geopolitical quarrel at the snap of a finger).

Transaction Fees Also Gain Value Over Time

Since Bitcoin miners will be earning transaction fees over time, and BTC will gain value over time, so will the fees. This will make it economically viable for them to continue securing the network. Interestingly, Alex Sunnarborg pointed out that only the Bitcoin and Ethereum blockchains have sufficient transaction fees in place to compensate miners in a non-inflationary

environment. 

(2/2) – minus BTC & ETH: pic.twitter.com/hNKHdRCEoD

— Alex Sunnarborg (@alexsunnarborg)

The change from relying on transaction fees for income over mined bitcoins is not going to happen overnight. There are also plenty of factors that may change between now and then, giving miners plenty of time to adjust to the new model and for the Bitcoin network to remain secure.

Article Produced By
Bitcoin News

https://thebitcoinnews.com/what-happens-when-all-the-bitcoins-have-been-mined/

 

Bitcoin BTC holders will enjoy enhanced security of a firewall’ via Cerberus Protocol claims Neil Woodfine

Bitcoin [BTC] holders will enjoy enhanced security of a ‘firewall’ via Cerberus Protocol, claims Neil Woodfine

                              

Neil Woodfine, a representative of Blockstream, recently announced the launch of Cerberus Protocol,

following the release of the technology’s publication on Medium. According to Woodfine, the objective of the Cerberus Protocol is to re-organize and build a non-custodial Bitcoin storage for large BTC-holders involved in businesses. The protocol is inclined towards the idea of “hybrid storage,” he said, where multi-sig keys are distributed across two organizations [Clavestone and the client]. In this manner, large Bitcoin holders’ virtual assets are protected under the enhanced security of a “firewall” with the risk of being “exposed to custodial risks.” In the Medium post, it was listed that Cerberus was intended for corporations to own Bitcoin as a collective entity, rather than a single individual being responsible for the entire capital.

Neil Woodfine stated,

“We learned a lot from the development of the idea and our conversations with potential users, things we think would be valuable for the wider industry. So we’ve distilled everything down into an easy-to-follow guide for setting up a 2-of-3 multi-sig…and how to coordinate it.”

He also clarified that the involvement of custodians did not exactly secure one’s Bitcoins funds as they could be easily compromised at the hands of a single individual. The Cerberus protocol would allow these large corporations to operate their own Bitcoin storage, reducing the involvement of middlemen, while also keeping security and usability in prime condition.

Woodfine had a word of caution though,

“Cerberus is still in early development, so definitely don’t try to start using it yet! Our hope is that by releasing the protocol in parts, we’ll be able to gather feedback from keen-eyed bitcoiners and iterate on the design to ensure we maximize security.”

The protocol gained traction in the community following the release of the first chapter of implementation.

Yuri De Gaia, Bitcoin OTC at l2bglobal, stated,

“Multisig storage is the best solution for corporate and family spending. All the elements for self-custody via multi-sig already exist, but there has been no clear protocol that applies to most situations.”

Article Produced By
Biraajmaan Tamuly

Biraajmaan is an engineering graduate who is exploring the ever-changing crypto verse while traversing his passion for cryptocurrency news writing. He is a Chelsea fan and a part-time poet and does not hold any value in cryptocurrencies yet.

https://ambcrypto.com/bitcoin-btc-holders-will-enjoy-enhanced-security-of-a-firewall-via-cerberus-protocol-claims-neil-woodfine

Bitcoin Cash: Roger Ver’s tweet highlights governments’ double standards

Bitcoin Cash: Roger Ver’s tweet highlights governments’ double standards

                              

 

India’s proposed “draft bill” that was released by Bloomberg Quint

earlier this week had caused a massive uproar in the crypto community. The lack of clarity and ambiguous cryptocurrency climate drove Zebpay, an app-enabled crypto exchange, from the country to Malta. The current version of the ‘draft bill’ renders mining, generating, holding, buying, selling or dealing in cryptocurrencies both “directly or indirectly” illegal in the country. This could potentially be a huge blow to the growing Asian cryptocurrency adoption.

The crypto regulatory climate in another Asian country, Indonesia is fairly better than India after the former announced rules which made it mandatory for the cryptocurrency futures exchange to be registered an approved before operating, thus, bringing clarity to the table. However, Roger Ver, the CEO of Bitcoin.com and a prominent face in the crypto realm, cited a banner which read “Use Rupiah in every transaction in Indonesia” and violation of which is a punishable offense,

A Twitter user, Lutfi, commented on the above thread,

“the point is because rupiah in indonesia more low rate than dollar us.. so much fear when bitcoin uptrend in 2017 until the bubble explode, bank indonesia makes announcement about regulation digital asset not to use as transaction and then investor take down the asset..”

Article Produced By
Chayanika Deka

Chayanika holds a Journalism degree and is currently working with AMBCrypto. She is inquisitive about everything that the Blockchain Technology has to offer.

https://ambcrypto.com/bitcoin-cash-roger-vers-tweet-highlights-governments-double-standards

 

Bitcoin Vs Apple Pay And Alipay

Bitcoin Vs. Apple Pay And Alipay

The Bitcoin correction I’ve been forecasting seems to be underway.

BTC has fallen from a high of $9,000 to a recent correction low of $7,500. And the correction may not be over yet. Use this as a buying opportunity. Because, longer term, Bitcoin and other cryptocurrencies are now in a long-term bull market. And one key reason is their powerful potential to truly disrupt the financial system as we know it today. Still, many analysts don’t see it that way. They think it’s apps like Apple Inc AAPL 2.66% Pay, Alphabet Inc's GOOGL 1.99% GOOG 2.04% Google Pay and Alipay that could challenge the global financial system, even “replacing banks” with their new payment platforms.I believe that’s a collective delusion. Truth be told, they’re not replacing banks; they’re becoming banks. 

Take Alipay, for example, covered in a recent Bloomberg report. It’s amassing client deposits in the hundreds of billions of dollars with its popular payment app. It’s leaving bankers out of the loop, not giving them a cut in the transactions. And it’s been very successful. So people wonder: “Who’s profiting from all this?” I’ll tell you who: It’s companies like Apple, Google and an affiliate of China’s Alibaba Group Holding BABA 1.82%, which owns and manages Alipay. Alipay amasses its customers’ deposits. It invests the money in short-term money markets. It even makes loans to consumers. So, the financial media says it’s one of the “great financial innovations” of our time; the “leading edge of financial technology (Fintech).

Really? 

Sounds just like a traditional bank to me. Remember: A bank is simply an institution that takes deposits from the public and then invests or lends that money out at a higher rate. And guess what? That’s precisely what some of these so-called “revolutionary” Fintech companies are doing. As with banks, once you make a deposit, you have no say over what’s done with your money. Nor is the money kept in the institution’s vaults available for withdrawal by all. 

It’s fractional banking, meaning your money isn’t really there. At the end of the day, all you have is a chit — a claim to the money you deposited. I repeat: Alipay uses essentially the same business model … In fact, it is one of the world’s most successful Fintech companies in this sector. Heck, until China's central bank changed the rules, Alipay was serving about half of all the country’s small- and medium-sized companies, according to Bloomberg. Now they’re required to hold cash reserves with the central bank. Again, just like traditional banks. There is NO substantive difference between a traditional bank and a payment app such as Alipay. They work the same way.

But that’s not the big problem. 

What really worries me is that both Fintech companies like Alibaba and traditional banks share the same flaw: You’re required to entrust your money to a third party, and it’s this third party that actually controls it. Not you.

Most people argue that the difference between a bank and a Fintech company is that, with Fintechs, the assets and payments are digital. Also not true. Nearly all the money you have in a bank account is also digitized. Here’s the real problem with today’s financial system: A vast network of intermediaries stands between you and your money. And the new Fintech companies have done zilch to disrupt this critical aspect of the system. All they’ve done is to create a more efficient digital network and undercut obscenely high bank transaction fees. The business model of these Fintechs is simply to beat traditional banks at their own game. They are not revolutionizing the financial system. Not even close. 

The only invention with the potential to truly disrupt traditional banks is Distributed Ledger Technology (DLT), the basis for cryptocurrencies like Bitcoin. And the major innovation Bitcoin — like other crypto assets — brings to the table is not just a fully digital payment system. (Alipay, PayPal Inc PYPL 2.01% and Facebook Inc's FB 2.98% upcoming GlobalCoin do that as well.) Rather, it’s decentralization. In fact, the digitalization and decentralization of crypto assets are a means to an end. The goal is to create a technology that — unlike your deposits at a bank or Fintech company — when you own a crypto asset in your wallet, you’re the ONLY one who controls it. There are absolutely no intermediaries between you and your money.

Indeed, owning crypto assets is akin to holding gold bullion bars or coins. As long as you store your crypto in a wallet you own, nobody has access to it other than you. Traditional banks and their new Fintech competitors have final say over what happens with your money. With cryptocurrencies, you’re the only one who makes those decisions. That’s the real innovation. And that’s why cryptocurrencies are likely to challenge — and ultimately overtake — the likes of Apple Pay or Alipay. Think of it this way, Fintech companies are the same old trains trying to run on digital rails. Bitcoin and other cryptocurrencies are the infrastructures for an entirely new financial system.

Article Produced By
Weiss Crypto

A Benzinga Contributor

https://www.benzinga.com/markets/cryptocurrency/19/06/13883184/bitcoin-vs-apple-pay-and-alipay

Local BCH Venue Opens and Community Goal Nears in the Weekly Update From Bitcoincom

                                

A new local bitcoin cash venue opens for trading worldwide

and the community is nearing a funding goal milestone for BCH developers. Watch these and other developments discussed in this week’s video update on Bitcoin.com’s Youtube channel.

Local BCH Venue Opens as Localbitcoins Removes In-Person Cash Trades

This week’s show discuses the successful opening of Local.Bitcoin.com, a privacy-focused peer to peer global marketplace for trading bitcoin cash (BCH). Over 11,000 people have signed up to the service and already created more than 3,000 offers since the platform’s official June 4 launch date. The launch couldn’t come at a better time for many cryptocurrency traders who prefer to transact in-person for cash as Localbitcoins just removed that option a few days ago. The weekly update also covers how the bitcoin cash community is advancing in its efforts to support developers with a fundraiser whose contributions are donated to Bitcoin ABC, Bitcoin Unlimited, BCHD, and Bcash. The campaign is closing in on the 15% milestone out of an initial goal of raising 800 BCH by Aug. 1, 2019.

Other developments in the bitcoin cash ecosystem mentioned include the non-custodial Badger Wallet being made available for iOS mobile devices, a recently released browser extension that enhances bitcoin cash addresses for easy tipping, decentralized social network system Memo adding support for creating SLP tokens, and Monarch Wallet adding SLP support for users on both iOS and Android devices. Additionally covered in the weekly update is how Anypay and Cointext have partnered to make remittance transfers cheaper and faster for cross-border payments using bitcoin cash.

Article Produced By
Avi Mizrahi

Avi Mizrahi is an economist and entrepreneur who has been covering Bitcoin as a journalist since 2013. He has spoken about the promise of cryptocurrency and blockchain technology at numerous financial conferences around the world, from London to Hong-Kong.

https://news.bitcoin.com/local-bch-venue-opens-and-community-goal-nears-in-the-weekly-update-from-bitcoin-com/

Binance Drive For Crypto Dominance Is Massive For BNB Adds 18

Binance Drive For Crypto Dominance Is Massive For BNB, Adds 1.8%

                             

  • BNB up 1.8 percent

  • Changpeng Zhao and the team to launch a Stablecoin

Ambitious, Binance wants to conquer the crypto world. There is a Launch Pad for crowdfunding, is active and now plans of launching a Stablecoin are in progress. While at it, BNB is rebuffing sellers, adding 1.8 percent in 24 hours.

Binance Coin Price Analysis

Fundamentals

Vitalik Buterin is concerned. It’s not about Ethereum or what regulators think of ICOs. The muzzle is on Binance and their role in the crypto ecosystem. In two short years, Binance has bulldozed its way up to be a reliable and secure exchange. Changpeng Zhao and team abide by blockchain principles, country hoping and seeking for jurisdictions where laws are supportive of innovation and open to new technology. Towards that end, Binance settled in Malta. However, they have a branch in Jersey for trading BTC and ETH against Euros and GBP. Furthermore, they have a presence in Uganda where traders can exchange coins for the Ugandan shillings and other crypto assets.

Because of this, Vitalik says Binance now wields too much power. Changpeng Zhao may be open to criticism. However, his decision to single-handedly obliterate BSV is worrying. Unfazed, Binance is trudging on. This time, their goal is to commandeer the burgeoning Stablecoin turf. Even though Tether is the undisputed king, Binance says their coin will be backed by alternative fiat currencies apart from the USD to reflect diversity. It Wei Zhou, the Chief Financial Officer of the crypto exchange,

said:

“Our business decisions are made with our users in mind. The goal for issuing a GBP Stablecoin is to provide users with more options and more choice; to diversify the Stablecoin assets for the ecosystem. BGBP will be issued on the Binance Chain, which offers an easy and fast way to tokenize.”

About Candlestick Arrangements

From a chart, the path of least resistance is upwards. Perched at seventh, Binance coin (BNB) bulls seek to print new highs. Changing hands at $31.76, BNB is up 1.8 percent in the last 24 hours, rewind losses of this week. Since the trend is up and buyers are in control despite this week’s blips, aggressive traders can buy the dips. It’s easy to see why. There is a double bar bull reversal pattern from $30. Propelling the expansion are high trading volumes. Even so, conservative traders should wait for a conclusive close above May 30th top at $39. After that, they can tune entries in smaller time frames while targeting $70.

Technical Indicators

Leading this trade plan is May 30th candlestick. It is extensive with high trading volumes of 4.1 million. As a result, any up-thrust confirming bulls of the last five months driving prices above $38 must be with high participation. Similarly, losses below $30 confirming bears of May 30th must be with high volumes. That will precipitate a sell-off with targets at $25 and $17.

Article Produced By
Dalmas Ngetich

https://www.newsbtc.com/2019/06/08/binance-drive-for-crypto-dominance-is-massive-for-bnb-adds-1-8/

Goal Benfica Lisbon now accepts Bitcoin and Ethereum

Goal! Benfica Lisbon now accepts Bitcoin and Ethereum

                                  

The Portuguese football club Benfica Lisbon is the youngest candidate

to jump on the crypto train. Fans of the club can now buy both tickets and promotional items of all kinds with the two most popular cryptocurrencies Bitcoin And Ethereum. Even the Italian club Juventus Turin had considered in the past to upgrade cryptotechnically. Specifically, it was about the development of its own club token. An idea that the club did not seem to pursue yet. So far Benfica is the first and only big club that is so crypto-friendly.

The idea to use Bitcoin and Ethereum as means of payment for Benfica games apparently came from UTRUST, a crypto payment service provider that has already set up its own ERC20 token with the UTK token. UTRUST will now process the payments for the club to guarantee security. Benfica CEO Domingos Soares de Oliveira said in the official press release that “it’s important to stay up-to-date with new technologies.”Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. TheBitcoinNews.com holds several Cryptocurrencies, and this information does NOT constitute investment advice or an offer to invest.

Everything on this website can be seen as Advertisment and most comes from Press Releases, TheBitcoinNews.com is is not responsible for any of the content of or from external sites and feeds. Sponsored or guest posts, articles and PRs are NOT always flagged as this. Expert opinions and Price predictions are not supported by us and comes up from 3th part websites.

Article Produced By
The bitcoin news

https://thebitcoinnews.com/goal-benfica-lisbon-now-accepts-bitcoin-and-ethereum/

ADN Coin CEO Confirms Listing on BitForex Exchange by June 9 2019

 ADN Coin CEO Confirms Listing on BitForex Exchange by June 9, 2019

                            

ADN Coin, a project spearheaded by finance and cryptocurrency experts

Ron Lim and Jon Ban, announced that they will be listing ADN Coin on several of the top cryptocurrency exchanges starting on June 9, 2019. The first exchange that will list ADN Coin is BitForex. The ADN Coin project also confirms that it is slated to be listed on at least six other exchanges in the next fifteen days, shortly following the BitForex listing. The names of the other exchanges remain a mystery, but will be revealed soon enough.

According to Mr. Ron Lim, Chief Executive Officer of ADN Coin:

“The project is going smoothly. We have confirmed the listing of ADN Coin with BitForex. We are finalizing the listing details with other exchanges and will be able to announce the names of these exchanges soon. We want to thank our development team and our supporters who continue to believe and invest in this revolutionary project.”

Most recently, Tad Einstein, a descendant of the great Albert Einstein, has publicly announced that he has partnered with ADN Coin and will serve in the capacity of Chief Information Officer and Strategic Advisor. Mr. Einstein believes in the innovative mechanisms and disruptive technology that the project proposes. He said “ADN Coin is a project that my team and I are devoting significant time and resources to. For too long, the ICO market has widely been used as a vehicle for fraud and deception, until now. ADN Coin and its underlying ecosystem are purpose built to re-instill investor confidence in the ICO process as well as provide the platform which will power real-world e-commerce leveraging cryptocurrencies. The ADN team is proud to be the leader in this revolution and is excited to deliver these necessary industry innovations to the world.”

BitForex Announced the Launching of ADN Coin with the details below:

  • ADN deposit will be available on 2019/06/09 16:00 (GMT+8)
  • ADN/BTC trading pair will be available on 2019/06/10 16:00 (GMT+8)
  • ADN withdrawal will be available on 2019/06/11 16:00 (GMT+8)

Token Info

Project Name: Aladdin
Token Symbol: ADN
Official Website: https://adncoin.com/
Total Supply: 100,000,000,000 ADN

According to ADN Coin’s website, the platform is a “Powerful ICO Security Platform.” One of the core tenants of ADN Coin is their proprietary blockchain-supported technology which offers transparency, security, and accountability throughout the Initial Coin Offering process. The ADN Coin ICO security platform will also implement “high-throughput, high scalability, and high availability solutions for Decentralized Applications (DApps) running within in the ADN ecosystem.” The project has very promising points that they highlighted on their site. ADN Coin mentions that the platform will have a secure environment and decentralized ecosystem, which is widely accessible and provides economic solutions which will empower business innovation, increase investor confidence, and benefit humans at the core.

ADN Coin is also developing a main network that is “specifically designed to protect ICO participants from fraud, scams, and other heinous activities which have been commonly associated with ICOs.” The platform is also proud to announce that their team will be the first to implement an ICO Wallet, in which funds cannot be accessed by ICO-holding companies except those approved by the participants. These capabilities will usher in a new generation of investor and participant confidence surrounding the ICO process. Another exciting development surrounding the ADN Coin is their promise of e-commerce integration. The team posted, that aside from securing ICOs, another one of the network’s main value propositions is its seamless integration as a payment solution to an online shopping mall platform where users can use cryptocurrencies as a payment method for consumer products.

Article Produced By
News BTC

https://www.newsbtc.com/press-releases/adn-coin-ceo-confirms-listing-on-bitforex-exchange-by-june-9-2019/

Vitalik Buterin appreciates Bitcoin Cash for scheduling implementation of Schnorr signatures ahead of Bitcoin

Vitalik Buterin appreciates Bitcoin Cash for scheduling implementation of Schnorr signatures ahead of Bitcoin

                                

Vitalik Buterin, the brainchild of the second largest cryptocurrency,

Ethereum, spoke at ETH Cape Town on April 2019. Speaking about the forks of Bitcoin, Buterin said that Bitcoin Cash SV was overrated and considered Bitcoin Cash to be underrated.

Buterin said:

“I think BSV is like still overrated for as long as the market cap has multiple digits; In Bitcoin cash, I think it’s actually underrated at this point.”

He added that Bitcoin Cash community has become “sane”, as the recent fork of Bitcoin Cash [which split into Bitcoin Cash ABC and Bitcoin SV] “expunged” the Bitcoin SV community. Specifically,

he stated:

“If you actually follow the community, they’ve just become considerably more sane ever since they’ve expunged the Bitcoin SV people”

The fork of Bitcoin Cash into Bitcoin Cash ABC and Bitcoin SV took place in November 2018, which, at the time, was the center of attention in the crypto community. The ABC faction of the fork, supported by Roger Ver and Jihan Wu, performed considerably better than the faction supported by Craig Wright and Calvin Ayre. Ever since the fork, Bitcoin Cash has performed better than Bitcoin SV, both in terms of price and community adoption. The price of Bitcoin Cash [formerly Bitcoin Cash ABC], at press time, was $288 and had a massive market cap of $5.11 billion compared to BSV’s numbers that were relatively lower. Bitcoin SV, at press time, was $53 and had a market cap of $945 million. In terms of the ranks of the two coins, BCH was the fourth largest cryptocurrency, however, BSV was the fifteenth largest cryptocurrency.

Buterin further added:

“… they’re [Bitcoin Cash] getting Schnoor signatures ahead of Bitcoin like that’s yeah they’ve got like real technical talent in there.”

Bitcoin Cash announced recently that they would be implementing Schnorr Signatures on the mainnet and they’ve also added the same on the testnet, where users can test the feature. According to the announcement, Schnorr Signature will be implemented on May 15, 2019. Bitcoin developers have not quite mentioned the implementation of Schnorr Signatures and other privacy/security additions to the Bitcoin blockchain. However, there have been discussions about implementing the same.

Article Produced By
Akash Girimath

Akash is your usual Mechie with an unusual interest in cryptos and day trading, ergo, a full-time journalist at AMBCrypto. Holds XRP due to peer pressure but otherwise found day trading with what little capital that he owns.

https://ambcrypto.com/vitalik-buterin-appreciates-bitcoin-cash-for-scheduling-implementation-of-schnorr-signatures-ahead-of-bitcoin/?utm_source=telegram.me&utm_medium=social&utm_campaign=vitalik-buterin-appreciates-bitcoin-cash