In an attempt to promote daily use of cryptocurrencies, a number of firms have introduced Bitcoin debit cards. Such cards are propelling the mass adoption of cryptocurrencies. The cards allow holders to use Bitcoin in retail stores and online payments just like fiat currency. Like the traditional card, Bitcoin debit cards are linked to a Bitcoin wallet and work like a normal bank card. Apart from payments, the Bitcoin debit cards are used to withdraw fiat from supported outlets. Here are the best Bitcoin debit cards to consider if you are planning to get one. Wirex Visa Card Wirex is...
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Best Mining Calculators – How To See If Crypto Mining Is Profitable
Mining revenues have declined over the years and you need a strategy to earn significant profits. This is where mining calculators come in handy. With mining calculators, miners get information on profitability for various algorithms and cryptocurrencies to mine. Mining calculators also act as a guide before venturing into the mining business. Note that calculators tell the profitable coins of the moment but not the future. Sometimes mining calculators cannot account for the volatility of supported cryptocurrencies. However, calculators offer miners a starting point to work with. Before using a calculator, ensure you know your GPU model and the hash...
1xBit.com Review – Bitcoin Gambling Made Easy
1xBit is a leading cryptocurrency gambling website with more than 1000 sporting events on a daily basis. The platform has casinos and even it’s own games for players to select from. The availability of many games is among the features that make 1xBit attractive. Customers on 1xBit can also bet using more than 10 cryptocurrencies. By April 2019, the platform had over 200, 000 registered users. 1xBit’s goal is to offer easy and convenient gambling experience for all customers. Here is a detailed review of 1xBit. 1xBit Registration Registering with 1xBit is a very easy process. The platform has two...
Best Exchanges for IEOs
Initial Exchange Offerings are gaining popularity as an efficient way of crowdfunding. IEOs seem to be rectifying all the shortcomings witnessed with Initial Coin Offerings. Experts predict that we might witness an IEO boom just like ICOs during the 2017/18 period. Generally, an IEO is the same crowdfunding process as an ICO. However, unlike ICOs, the crowdfunding is done on a cryptocurrency exchange. Additionally, ICOs are open to everyone but IEOs are exclusively available to exchange customers. With the cryptocurrency sector realizing the benefits of IEOs, some exchanges have come up with platforms to support this initiative. In this guide,...
What Is An Initial Exchange Offering (IEO) – IEOs Explained | IEO Benefits | Best Exchanges for IEOs
An Initial Exchange Offering is a token sale on a cryptocurrency exchange and is exclusively available to the exchange’s users. In many ways, IEOs function just like ICOs – a set amount of tokens is available for sale at a fixed price, and there is usually minimum and maximum contribution limits set per user. An IEO is rolled out by a cryptocurrency exchange on behalf of startups on a fundraising mission. Normally, when the exchange conducts the token sale, token issuers pay a listing charge alongside the percentage of the token sold during the IEO. In the end, the coins...
What is Cryptocurrency Arbitrage?
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...
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...
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...