In November 2018, Binance, a leading crypto trading platform, announced the creation of a new unified stablecoin market. It renamed the USDT Market (USDT) to USDⓈ, a combined Stablecoin Market, with the aim of supporting more trading pairs while offering different stablecoins as base pairs. This move goes to show that stablecoins are here to stay. However, how viable are they as investment options?Continue reading “Will Stablecoins Make for Worthy Investments?”
These days, we gain profit from a dynamic business world that is evolving with every passing day. Do you know the exact SEO strategies to promote websites for cryptocurrency?
In the financial sector, it has become an innovation. Cryptocurrency is a digital currency which operates on the cryptography principle. Despite the uncertainty and crackdown of the various governments of the world, it is experiencing rapid growth. Bitcoin is the most well-known cryptocurrency that you may know as well. Cryptocurrency or other digital currency based websites need SEO different than customary approach we use for brands, companies, and businesses.Continue reading “How to do SEO for your crypto website in 2019”
Forex and cryptocurrency are two concepts that deal with currency and currency trading. While the former appears to be more physical, the later operates within the digital terrain (virtual currency existing as data). However, both are renowned contenders in the world’s finance market today.Continue reading “Forex vs Cryptocurrency – Which is more profitable?”
The forex market has the most liquidity and runs 24×7 all across the world. due to it is effective in nature and many forex traders are now accepting bitcoins on Online Cryptocurrency Exchanges and other exchanges for forex trading. with we will see why trading forex with bitcoin makes perfect sense.
If you’re investing in cryptocurrencies, you’re probably wondering about automated crypto trading strategies. Here are the facts about bots and how they work.
You want to be able to take advantage of what’s happening on the cryptocurrency market 24 hours a day, seven days a week. You know that working with a cryptocurrency trading bot allows you to do just that.
However, there are countless factors that you’ll need to consider if you want to profit from automated crypto trading strategies.
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.
This piece of write up gives you complete information about various strategies that help you in investment. The point mentioned will make you recognize the individuality of most thriving Binary Options Trading investments to make an approach that is basically ideal for you to be risk-free with small investments.
The binary options system is fundamentally European in mode and some predetermined sum of cash is paid on end in cash-or-nothing while you can also choose the asset-or-nothing binary alternative that pays back the price of the security underlying it.
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.
Current Digital Payment
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.
Thanks for reading!
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.
Here are is a detailed tutorial
Head over to http://eostoolkit.io/
- 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.
Thanks for reading!