Cryptocurrency arbitrage is the simultaneous buying and selling digital currencies on different exchanges to profit from the price difference between the platforms. Cryptocurrency arbitrage is an extension of arbitrage in more traditional markets and environments. With arbitrage, the concept is almost risk-free because the trader is merely buying and selling digital assets simultaneously and there should be no market risk. In the cryptocurrency world, a surge in trading volume between trading platforms results in price differences for various tokens. Note, that leading exchanges are responsible for driving prices for the market. Arbitrage opportunities usually arise since smaller trading platforms do...
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BitMEX Leverage Trading Explained Guide
Leverage trading is also known as margin trading. It is the practice of trading with borrowed funds. In this case, you trade with leverage that you are putting down for the trade is always a fraction of the needed amount. With leverage trading, a trader is in a position to increase profits and some losses from a shift in the value of an asset. For this reason, margin trading can be classified as a double-edged sword. When you leverage to trade, you can access a higher buying power. Note that different trading platforms have diverse limits on the amount of...
What is Binance Launchpad – How To Take Part in Binance’s IEOs
Binance Launchpad is a unique product by the Binance cryptocurrency exchange platform. Binance is one of the largest cryptocurrency exchanges in the world based on trading volume and the number of users. The launchpad helps blockchain projects access funding and spread their wings in the cryptocurrency world. This model of funding through a trading platform is called the Initial Exchange Offering(IEO). The Binance launchpad offers the tokens for a project to the more than 10 million users of Binance exchange. Apart from being a launchpad, the platform acts as an advisory service for new projects. With this feature, startups can...
What are Lighting Network Apps (LAPPs)?
After the recent implementation of the Bitcoin Lightning Network, one of the most exciting features that emerged was the building of decentralized-like apps on top of the Lightning Network mainnet. These apps are the Lightning Network Apps or Lapps. Lapps have their major focus on payment-based use cases like micropayment paywalls. Apart from providing room for the establishment of Lapps, The Bitcoin Lightning Network also negate the existence of many altcoins. The Bitcoin Lightning Network is a second-layer solution on the Bitcoin network. This means that it is built separately to the Bitcoin network but interacts with it. However, the...
Bitcoin Technical Analysis, April 2019
Introduction Rising institutional investment into Bitcoin and blockchain related projects result in an increase in speculative adoption, as we enter Q2 ’19. The overbought nature of the number one cryptocurrency currently shows a sharp price decline on the intraday level, which also indicates oversold setups on major technical indicators. Come along as we dive into price and trend deciding patterns of the BTC. For more crypto technical analysis, visit Cryptocointrade. Technical Analysis BTCUSD: Monthly Chart The formation of double bearish accumulation signaled on December ’18 and January ’19 was anticipated to follow a similar path as the pattern triggered on...
What is YouHodler – The Best Cryptocurrency Lending Program
The growth of cryptocurrencies has introduced the lending aspect with digital currencies acting as collateral. YouHodler is one of the services that are offering cryptocurrency-backed loans that give borrowers access to fiat. This blockchain backed service enables users to get instant loans at affordable interest rates. YouHodler offers a loan-to-value ratio of 80 percent, which is the highest in the market. YouHodler enables users to hold onto their digital currencies while spending them at the same time. As spending crypto assets currently prevent cryptocurrency holders from gaining from any future growth in asset value, with You Holder investors who buy...
What is Lambda (LAMB) – A Guide On Understanding Lambda Blockchain
Lambda (LAMB) is a cryptocurrency token that operates on the Ethereum platform. LAMB is the native token of the Lambda blockchain. The platform is a high-speed, secure and scalable blockchain infrastructure project that offers infinitely scalable data storage capabilities to decentralized applications. We found them while we were doing research for the next 100% increase cryptocurrency. The cryptocurrency had a massive surge, making its way among the top 100 in a blink of an eye. The project seeks to achieve Multi-chain data cooperative storage, cross-chain data management, data privacy protection, Proof of Recoverability of data, Provable Data Possession, and distributed...
Invest in Ethereum – Is it worth It in 2019?
Ethereum is the second largest cryptocurrency in terms of market capitalization. It is the product of Vitalik Buterin. The Ethereum platform, enables dozens of cryptocurrencies to exist, without having to build their own blockchain technology. Furthermore, Ethereum enables developers to set up smart contracts, that automatically execute tasks when certain conditions are met. Ethereum has two main functions of keeping things running seamlessly by compensating the mining nodes and paying people under the smart contracts platform. Investing in Ethereum in 2019 Just like any other cryptocurrency, investing in Ethereum in 2018 was a challenge. However, at the start of 2019,...
What is Bitcoin Arbitrage Trading & How to do it?
Bitcoin arbitrage is the process of buying Bitcoins on one trading platform and selling them at another, where the price is higher. In simple terms, it is taking advantage of the fact that different exchanges will have different prices for Bitcoin, and it can be used to generate profit. Trading Bitcoin and other cryptocurrencies is a risky affair. Prices can change and it is challenging to correctly predict the price at a given time. However, if you understand the Bitcoin market, you can read signals and trade your Bitcoins based on what might happen. This approach is a gamble but...
What is CryptoHopper – A Review of the Best Cryptocurrency Trading Bot
Cryptocurrency trading robots exist to make the crypto trading process easier. Currently, we have a number of cryptocurrency trading bots available in the market. One such bot is CryptoHopper. CryptoHopper enables traders of all levels to make the most of their trading opportunities. In return, they maximize profits and minimize losses. CryptoHopper’s primary goal is to empower traders by providing an easy to use and fully featured service. The platform supports multiple cryptocurrencies while eliminating human frailties from their trading process. Note that CryptoHopper does not guarantee profits. However, the service helps traders make the right trading decisions based on...
