Binary trading investments are constantly advancing in light of the truth that it experiences a heap of change even incrementally. There are various binary options strategies that define what you make investments in, accurately how you can perk up your trading achievement by how you spend.
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The celebrities are more in touch with their fans all thanks to social media. The fans can be in constant touch with the celebrities and can know what they are up to currently with just a few clicks and swipes. The celebrities whether they are athletes, musicians, or actors keep a constant update in their social media about their new movies, songs, businesses, etc. The cryptocurrencies have been the new business move of many celebrities around the world. The Twitter has helped the people to know the stance of celebrities regarding cryptocurrencies and its applications.
Apparently, the number of cryptocurrency and Blockchain supporters is increasing rapidly in the limelight world. There are many celebrities who have publically made a tweet regarding their support to cryptocurrencies. This has even affected the user base of many cryptocurrencies those are being supported.
Other forms of digital currency aside from crypto have been utilized daily by people all over the world. In direct contrast to the slow-paced introduction of cryptocurrency to the general public, other forms of digital payment are gaining traction in an unprecedented pace. They are especially popular with young adults, as people like them mostly use their phones to conduct purchases. But this form of payment is not exclusive to the younger generation though, as people who are well into their elderly years still find it quite useful.
Even the former standard for quick and easy payments for both online and offline payments, debit cards and credit cards, are quickly falling behind mediums like Alipay, Apple Pay, WeChat Pay, and others. Research has also shown that in the United States alone, mobile payment volume is going to rise by 80%, which will boost the number of in-store mobile payment users to 150 million.
Mobile payment’s growth in popularity in Asia
Due to the popularity of the mobile social network messaging platform WeChat, Asia has seen a growing trend of increased users of peer-to-peer payment platforms. This holds true for both those with and without bank accounts. Statistics also show that even without the per-to-peer transactions, WeChat Pay has more than doubled their market share for payments in China alone.
Aside from the P2P platforms, e-wallet payment has steadily grown more popular as well. More specifically the growth of this kind of technology in commerce between WeChat Pay and Alipay alone have skyrocketed from $81.6 billion worth of payments in 2012 to $3 trillion at the end of 2016.
How users are able to obtain CafeCoin
The Foundation expects that a user will have the ability to acquire CafeCoin through different ways. One of which is directly from the participating merchant, and another from another user or other third parties through peer-to-peer transactions. Users may also have access to potential market liquidity through other coin distribution platforms, and lastly from CafeCoin ATMs and other distribution centers.
In the future, The Foundation anticipates that CafeCoin might be obtained through purchasing pre-created QR or password cards and links. These should be made available at local retailers that already sell prepaid cards, and users will have the ability to purchase these codes in bulk.
CafeCoin’s benefits for its users
The Foundation designed CafeCoin with its users in mind. It has multiple benefits and advantages when choosing to make use of CafeCoin, and it has different perks when using it as a merchant, as well as a consumer. CafeCoin, as a cryptocurrency, already has the advantages of decentralized ledgers, and it also has impressive technology, architecture, and processes to back it up.
One of the main benefits consumers get when utilizing CafeCoin is immediate savings. It is anticipated that goods sold through CafeCoin transactions are given substantial price discounts in participating stores. This is especially high in the café industry, which CafeCoin plans on targeting first. Because of the substantial savings they will get from these merchants, consumers will be more likely to choose merchants that have chosen to integrate CafeCoin into their business, and this would further increase the utility of CafeCoin itself.
Consumers will also get the benefit of tailored marketing, or loyalty rewards. Marketing and promotions that cater to consumers’ preferences and spending habits will be implemented, and these may also be triggered at purchase when the consumer shares past purchase information. CafeCoin lends its flexibility at these events, as merchants will be able to easily change the pricing of a certain product or service by making use of the CafeCoin innovative application. This will generate loyal customers for the merchants, and the consumers themselves benefit greatly from the custom rewards merchants hand out.
The CafeCoin ecosystem will also drive liquidity and value creation. Consumers will gain substantial savings from dealing with CafeCoin affiliated establishments, said establishments will benefit from higher customer traffic due to the utility of CafeCoin, and other market participants will also enhance liquidity of the asset, which will also make CafeCoin valuation stay stable despite high-volume purchasing and selling.
CafeCoin is also going to be very easily convertible to traditional fiat money. The coin will also be easily converted to other cryptocurrency, and The Foundation will have the users be easily able to make use of other platforms to perform such conversions. In the intuitive mobile application, the user interface will immediately display current conversion rates for CafeCoin.
Consumers will also have the ability to spend and purchase CafeCoin at fractional levels, which is very useful for the everyday person. Lastly, and quite possibly most importantly, transactions made with CafeCoin are secure and private. Consumers will have full control over what information to give out, if any at all. They will mainly make use of their own mobile phones to transact through the mobile application, unlike debit and credit card transactions which requires you to give out sensitive details about you.
Benefits for merchants
The CafeCoin business model is also geared for merchants. They will be given substantial benefits when they choose to integrate CafeCoin into their business. One of the said advantages is they no longer have to pay credit card payment processing fees when using CafeCoin. Credit card companies on average charge merchants 1.5% to 2.5% in transaction fees. The Foundation anticipates that when trading with CafeCoin, processing fees will be significantly lower compared to credit card fees, and may even be virtually eliminated. Retailers in sectors that have higher per unit prices will see greater savings when using CafeCoin.
Another merchant benefit is the tailored consumer marketing at the point of sale. Merchants are given free rein to generate and implement promotional messages and discounts to customers that also leverage CafeCoin in order to drive their business. This is triggered at the moment a sale is made, and then the merchant and the customer are confirming the sale and also share information via the QR code generated by the CafeCoin App. The processing of consumers’ CafeCoins will be near instantaneous as well, and merchants need not wait for an uncertain and unspecified amount of time for third-party payment processors. With this, the transaction is fast tracked, and the merchants will receive their payments faster.
Just like with the consumers, merchants are also able to freely convert CafeCoins to other cryptocurrencies, and even fiat money. They can use available coin distribution platforms to do so, and they are easily accessible for users. Users are also able to purchase CafeCoin at any participating merchant, and this will allow for greater adoption by traditional businesses all over. Another benefit that merchants share with consumers is that they are able to accept and exchange CafeCoin at small units, so as to allow greater flexibility during transactions.
The CafeCoin foundation has done its utmost to incentivize their service for users, so that merchants and consumers alike will find it to their advantage when using CafeCoin. Although as of now other modes of digital payment are in the lead, CafeCoin might find make itself a contender in the space they share soon enough.
How to trade cryptocurrencies as a CFD instrument – The ultimate guide
If you thought that the only way to trade cryptocurrencies is through crypto exchanges, you were terribly wrong. Today, I will explain what is a CFD crypto trading, for what type of investors it is and why CFD traders can with the use of leverage get more out of their capital than regular crypto exchange investors.
Crypto CFD trading X Crypto exchanges
A contract for difference, known as a CFD, is an investment instrument that allows you to speculate on the price growth of a cryptocurrency as well as on its downfall. Not only that with a CFD you can predict whether the price will rise or drop, but you can also use leverage to maximise the potential of your investment. The leverage is a tool providing traders with the chance to earn or lose more than they would with just their own capital. Regulated cryptocurrency CFD brokers provide the leverage 2:1, which means you can earn or lose double from your investment than you would if you did not use it at all.
For whom is CFD cryptocurrency trading suitable?
Trading cryptocurrencies with CFDs is for day traders that plan to stay in a position for a couple of minutes or hours. As a crypto day trader, you do your best to make a profit on sudden price movements that occur during the day. There are a couple of reasons why CFD Crypto trading is mainly for day trading.
First of all, there is the convenience of buying and selling your contracts whenever you want in a matter of milliseconds and secondly because your account is charged with swaps whenever you stay in a position overnight.
Do not worry, this fee will not destroy your account if you forget to get out of your position before bed as most CFD providers have around 0.04% overnight fee. Given the volatility of cryptocurrencies, this number is not a big deal for a couple of days, for long-term holding CFDs are, however, definitely not suitable.
Stop loss (SL) & Take profit (TP)
When trading crypto CFD you can set up when the trade should close itself when you are in profit – Take profit tool and when you are in loss – Stop loss tool. These features help you to limit the risk of each of your trades without the need to keep an eye on your positions all the time as you will manage when the loss is too much to bear or when the profit is sufficient.
Most investors choose to buy cryptocurrencies as they go for long position. While this option is great in the bull market, it is not such a good choice when the bears appear. Let’s be honest here, the current situation which the crypto market faces is not as good as it used to be and speculating on the downfall of cryptocurrencies can be also very profitable if done properly. It seems like an eternity when Bitcoin reached the benchmark of $20k, doesn’t it? Especially now, when we are happy to see it’s price hitting a third of this amount. Unlike crypto exchanges, CFD crypto market is good for downfall speculations as well.
Conclusion – How to trade cryptocurrencies as a CFD instrument
The fact that crypto exchanges are suitable for long-term investors is undeniable. For traders who, however, want to make a profit on short time price movements is CFD trading more convenient. With CFDs, one can very easily get in and out of a position at any time and if a trader knows how to properly use ST and TP, risks are significantly lowered even with the use of leverage.
Whether you are testing a smart contract or just want peace of mind the EOSToolKit now supports the Jungle Testnet.
The EOSToolkit is configured to be on the Mainnet by default. You will be required to change networks to which to the Testnet. This will automatically prompt Scatter to add the new network (providing you have not used the Testnet before). You will need to select your identity on the network for Scatter integration.
Attach Identity with Scatter (see herefor tutorial)
Enter your creator account name and account name (usually the same) – this can be found in your scatter identity.
Select the Scatterdropdown
Select Change Network
Review the networks and endpoints and select the one you want
Approve the new network on Scatter (if you haven’t used it before)
If you haven’t used this network before, add new identities in Scatter and attach them like you normally do
Confirm you are on the new network
Enjoy using the EOSToolKit with your Testnet account!
Why is this important?
The Testnet support is important for a few reasons.
The Testnet allows developers the opportunity to launch their smart contracts and test them out before going live on the Mainnet. This allows developers to test their smart contracts for bugs and ensure that everything is working correctly.
Another reason that the Testnet support is valuable is when it comes to permission management and changing account permissions. With our toolkit you will be able to change your Owner and Active permission and the account that it is associated with. It is important that when you change these permissions that you remain in control of the permissions you assign otherwise your account will become irrecoverable. If you assign an account instead of a key as a permission you risk breaking your account and losing access to your tokens. For these reasons you should always try our these functions on the testnet and be 100% sure of the changes you are going to make before carrying them out on the mainnet.
Here are some detailed instructions that can be found on the EOSToolKit
“You can change active or owner permission or both
Leave blank any permission you DON’T want to change
To change only active permission select youraccount@active for your Scatter identity
To change any permission select youraccount@owner for your Scatter identity
If you change your active permission you have to update your scatter identity to use this new key pair
If you don’t have the key pairs you assign to the active permission you will no longer be able send transactions”
Want a Testnet or endpoint added?
Our toolkit is also able to add additional testnets and endpoints. To add them you will need to checkout our GitHub and create a Pull Request to add the appropriate network or endpoints to the networks.json
More updates coming soon!
We are also working on an Airdrop turnkey table which will allow anyone to send us a token. This will allow us to immediately list it on our databased so that the community get find all the airdrops in once place.
Remember to use these great features you must install Scatter with your desired EOS Account. We hope the EOS community enjoys these tools and allows them to perform actions on the EOS Blockchain much more easily. We would love to receive feedback on the features within the toolkit or suggestions on the features you would like to see added. We value your feedback and will keep working hard to be the number 1 online EOS Wallet.
Dipping your feet into the world wide pool of cryptocurrencies can be completely overwhelming. So often you read about how Bitcoin is dead, markets are down, new regulations and many more negative things.
I and many others believe that crypto is not only here to stay, but the way of the future, despite all the “news”. However, starting off small or even with zero capital with regards to investing in cryptocurrency can be great for those who are on the fence.
In 2015, Bitstamp, a popular crypto exchange encountered a hack and incurred losses upwards of 19,000 BTC, a crypto-equivalent of USD 1 million! In 2016, another crypto exchange, Bitfinex, widely known for its multi-signature technology, suffered a hack which resulted in losses close to 120,000 BTC. More recently, CoinSecure exchange experienced a similar attack wherein the perpetrators managed to steal 438 BTC from the customer’s exchange-aligned wallets.
Do you know what is common between all these instances?
They all occurred on Centralized Exchanges (CEXs), an entity similar to a bank which serves as an intermediary for transactions, maintaining crypto balances and facilitating transfers through its one central unit.
While there’s a lot that deserves credit and applauding when speaking about CEXs, rampant instances of security breach have caused crypto traders to demand better of the ecosystem. More and more crypto transactors are flocking to the simpler ways of the decentralized exchanges (DEXs), even if it’s for small trades, for the sake of secure transactions, enhanced trust and a pure play peer-to-peer ecosystem where there’s very little room for failure as well as monetary loss.
Blockchain is not just another boring technology like, say, air-conditioning or electricity – depending on whether you live in south Florida or the eternal semi-darkness of Siberia, of course.
This new way of securing transactions through the miracle of a distributed database is actually poised to leap beyond the realm of cryptocurrency and make a dent in the day-to-day lives of Joe and Jane Average. Don’t believe us? Take a gander at the following 10 blockchain use cases you’ll likely encounter over the next decade.
Cryptocurrencies are invading the investor’s market with its secure transaction and business profitability. There are many investors who have made a fortune by investing in the right cryptocurrencies. They were able to generate profit by buying and selling cryptocurrencies at the right time when the price is right. Hence it is a great gift to comprehend the market status so that you can understand when to invest and sell the cryptocurrencies.
The year 2018 is almost halfway done and in that time it has brought a significant growth in the market of cryptocurrency. The market growth has been beneficial for many investors who invested in many prominent cryptocurrencies. But the growth of cryptocurrency market was short-lived and since May 2018, the market dropped nearly 18% and has been quivering since last week. The cryptocurrencies that were stable during this market fluctuation were Bitcoin and Ethereum.