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...
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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...
NiceHash Review – What are the Nicehash benefits & Nicehash Profitability in 2020?
Cryptocurrency mining is one way of earning extra coins from the digital currency industry. Initial Bitcoin miners are known to have made massive profits from mining. However, due to various factors, mining profitability has declined. With time, mining has evolved with different options hitting the market. Currently, one can download mining software and start earning. Mining software is ideal for cryptocurrency enthusiasts who would like to earn without going through the difficulties of purchasing multiple high-end GPU rigs. One of the popular software is NiceHash. What is NiceHash? NiceHash Miner is a free mining software that links sellers and buyers...
The History of Dogecoin (DOGE)
What is Dogecoin? Dogecoin is an open source cryptocurrency for global internet users. Dogecoin emerged in 2013 as a fork from the Litecoin blockchain. The cryptocurrency comes from a popular meme dubbed Shiba Inu doge. Initially, the coin was for tipping content creators. However, by 2018, the DOGE token became a top ten contender with a value of over one billion dollars. The digital currency enjoys a loyal user base who do not view it as a speculative asset. However, just like any other cryptocurrency, one can invest in Dogecoin and get profit. By the time of writing, Dogecoin was...
How To Cash Out Cryptocurrencies To Fiat
Since Bitcoin emerged in 2009, its popularity alongside other cryptocurrencies has been on the rise. Cryptocurrencies have grown in terms of trading volume, invested capital and demand. Before investing in cryptocurrencies, many beginners are faced with the challenge of converting their Bitcoin to fiat at the cash out stage. This article looks at the different means of cashing out cryptocurrencies to fiat. We have multiple ways that enable crypto investors to cash any amount of funds. Security is always the major concern when it comes to converting Bitcoin to fiat. The options covered below have a reputation for being safe...
Binance Exchange vs Coinbase – Who’s The Winner?
In the world of cryptocurrency trading, Coinbase and Binance are the most popular exchanges you will come across. Many consider Coinbase as beginner friendly while Binance has witnessed rapid growth over the last few months. While these two enjoy undisputed popularity, they do have some distinct differences. In this Binance vs Coinbase review, you will get information on how the two exchanges fair against each other. Getting Started Creating an account with Binance is simple. You need an e-mail, a strong password, and optionally a referral ID. A user will complete the registration process once all the information has been...
Top 10 Most Useful ERC20 Tokens
ERC20 is a technical standard used for developing and issuing smart contracts on the Ethereum system. ERC stands for Ethereum Request for Comment, while 20 is a unique ID assigned to this request. To date, over 170, 000 ERC-20 tokens are available on Ethereum main network. During the 2017 boom of ICOs, ERC-20 tokens gained a lot of popularity. All ERC-20 tokens adhere to unique standards so that they can be shared, exchanged for other tokens, or transferred. In coming up with the standards, the Ethereum community has three rules that are optional while six are mandatory. Under optional rules,...
5 Best Apps For Trading Cryptocurrency On The Go
Crypto trading is simply the exchange of cryptocurrencies based on prices determined by market forces. Cryptocurrencies trading is for two main purposes, either to acquire some digital assets or make money. Cryptocurrency trading is done on different platforms. We have websites, desktop, and mobile applications. Mobile applications stand out because they enable traders to exchange cryptocurrencies on their phone anywhere. Mobile apps also give traders an opportunity to track the market instantly on their device. As a crypto investor, you need a trading application because digital assets are highly volatile which need quick decision making to make the most out...
Top 10 Ethereum dApps Games
Decentralized Applications (dApps) are computer applications that operate on a distributed computing system. The Ethereum blockchain is undoubtedly the king of smart contracts and dApps. Despite the cryptocurrency market experiencing volatility, the same is not for the blockchain sector. Ethereum is the base for over 90% of global dApps and smart contracts. With time, this number is set to rapidly grow. Ethereum dApps can be deployed for various purposes like trading and shopping. In most cases, Ethereum gambling dApps usually take the center stage. In this guide, we look at top Ethereum dApps under the gaming sector. Darkwinds Darkwinds is...
10 Cryptocurrency Websites You Should Know
If you are a cryptocurrency enthusiast or investor, we have websites that should be on your homepage. With the volatile nature of cryptocurrencies, an investor should be aware of the slightest news in the industry. Staying on top of this news is critical to succeeding as an investor. In this guide, we have a collection of websites that will ensure you don’t miss anything related to cryptocurrencies. These sites have a lot of overlap of information particularly when it comes to breaking news, as sites will reference each other. The websites have different editorial style and presentation to appeal to...