Considering you’ve got to pay a network fee every time you want to transfer cryptocurrency, you’d be justified in wanting to avoid excessive exchange fees. It’s bad enough that the dollar value of Bitcoin transaction fees can be upwards of double digits, so there’s no need to get gouged on withdrawal and trading rates by your favorite exchange. That’s why we compiled this handy list of low-fee exchanges so that you can get the best bang for your buck investing that crisp Benjamin your granny gave you for Christmas. Our Pick of the Litter GDAX This technically isn’t the exchange with thePowered by WPeMatico
As more and more money flows into the cryptocurrency markets, a belief has emerged that to have a worthwhile and profitable interaction with cryptocurrency, a sizable initial investment must be made. For potential supporters without the financial means to do so, it may appear as if their window of opportunity has already passed. Years ago, the approach to cryptocurrency was completely different. A significant portion of individuals supporting Bitcoin and other currencies did not invest their own money. Of those who did make a financial investment to accumulate coins, many purchased less than US$100 of cryptocurrency. Rather than investing money, these individuals invested their time,
If you know how hot South Koreans are for crypto, this may not come as much of a surprise. According to a new survey, 3 out of every 10 South Korean workers have some investment experience with cryptocurrencies. Nearly 1 in 3 Invested in Cryptocurrency This Wednesday, web-based job portal Saramin published the results of a survey that included 941 salaried South Korean citizens. Saramin found that 31.3% of respondents held a position in cryptocurrency. Revealing their reasons for investing in crypto, 54.2% of the individuals surveyed believed that these investments were the fastest way to make money, and 47.8% indicated that investing small amounts of money
As the Internet gets older and its users get wiser (hopefully), there is a growing desire to strengthen personal information security. Not only is there a concern that malicious actors, black-hat hackers, and criminals may have unimpeded access to personal data, but citizens of the world over are beginning to distrust their governments’ intentions. Edward Snowden, the infamous NSA contractor and defector – living in Russia of all places, not known for its devotion to digital or human rights – has developed an app called Haven to alert users to clandestine activities. What is Haven? Haven is an app developed by Edward
Scaling cryptocurrencies has been a very problematic endeavor for most of 2017. In fact, it has been a problem ever since Bitcoin was created but only became more apparent in recent years. While most people are waiting for the Lightning Network to arrive, there’s another possible solution on the horizon. Bolt allows people to conduct anonymous micropayments. It is a solution well worth looking into, even though it has no official release date yet. Bolt is a Lightning Network Alternative In the world of finance and technology, one should never put all his or her eggs in one basket. This definitely
There are a lot of exciting projects in the world of blockchain and cryptocurrency to take note of. Descrow is one of those concepts which will certainly be of interest to a lot of people. As its name suggests, the company is all about offering decentralized escrow services. It is certainly true that there are a lot of trust issues when it comes to using cryptocurrencies and other financial assets these days. Will Descrow be Even Remotely Successful? It is very difficult to predict whether or not Descrow will ever become a globally used service. Although its business model of offering decentralized
With increased public awareness of Bitcoin and altcoins, many new faces have recently entered the crypto scene for the first time. Of course, new traders will make many bad decisions, and for the most part, they will improve with time and experience. However, a number of these mistakes are common, and can easily be identified and avoided. Ignoring Market Cap Ignoring market capitalization is a pretty common issue that seems to persist almost universally among new traders. The mistake is that these traders look at the price of a coin, not its market cap, to decide whether or not to buy it. They look
Bitcoin futures and options are two interesting investment vehicles. Both expose people to Bitcoin price volatility without them even having to own the world’s leading cryptocurrency. It is an interesting take on things which seems to work quite well for mainstream investors. Quedex wants to get its share of the pie in this regard. This new platform warrants a closer look, although one always needs to do their own research before using such a service. An Overview of the Quedex Platform No one can deny Bitcoin futures are pretty interesting to take note of. They let anyone in the world “gamble”
There are some interesting phenomena and conditions which can affect cryptocurrency users. It is impossible to deny crypto enthusiasts are a very odd bunch in this regard. Most of us tend to speak using terms other people simply can’t understand. This phenomenon is known as cryptocurrency cryptophasia, and it has become somewhat of a problem. At the same time, the lingo is something anyone can pick up with a bit of effort. Cryptocurrency Cryptophasia is a Thing It is impossible to deny that every community has its own lingo. In the world of cryptocurrency, people use terms which make zero sense to the
‘Tis the season for cryptocurrency hard forks, by the look of things. So many new versions of Bitcoin have popped up recently, we almost need a calendar to keep track of things. It seems the same is happening with Ethereum, with Ethereum Fog being the most recent fork to gain any sort of traction. Although few people know it exists, its tokens have been issued to Ethereum holders on a few exchanges. Ethereum Fog has Arrived As is always the case with any major cryptocurrency hard fork, one would expect there to be a lot of hype on social media, Bitcointalk, et cetera. In