Dogecoin (DOGE) Exchanges - Buy, Sell & Trade CoinCodex

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Dogecoin surges to dizzying heights amid TikTok hype
Oliver Knight
July 9, 2020, 6:27 am
Dogecoin, a longstanding staple of the cryptocurrency ecosystem, has been struck by a remarkably unexpected rally over the past 48-hours, with it now trading 82% higher against Bitcoin than it was two days ago.
The meme-friendly digital asset, which was created as a joke in 2013, has emerged as a target for millions of TikTok users that claim it will rally all the way to $1.
The #DOGE hashtag now has millions of posts on both TikTok and Twitter, with cryptocurrency exchanges responding by listing both futures and perpetual swap contracts of the cryptocurrency.
This morning Binance revealed that as of tomorrow customers can trade Doge/USDT with up to 50x leverage.
Bitfinex, meanwhile, announced that it will list MDOGE with a conversion rate of one million as it attempts to capitalise on the recent wave of hype.

While a coin like Doge pumping unsustainably may seem like fun, investors should be wary about using leveraged products as it massively increases the risk of liquidation.
To be clear, this is not financial advice but retail investors should be cautious about buying into an asset that has already made substantial gains on the back of a viral social media post, especially when Doge has been the recipient of a number of pump and dumps over the past two years.
Looking at Dogecoin’s chart, the current level of 50 sats has been a historical point of support and resistance dating all the way back to 2015, which means price may be halted here unless another wave of volume comes in.
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submitted by dogercoin to dogecoin [link] [comments]

Round up of Cryptocurrency News #3 Week 20/07 - 26/07

Pssst! Hey you. Scroll down for commentary!
Important/Notable/Highlights:
Special Mentions:
You haven't had enough news? Here is some more:
Speculation:
You made it! :)
First up, SORRY! This has been a late post, I have my reasons don't question them (if you must know I'll be posting in the discord - one time only haha). Secondly, I am sure you can agree with me when I say "Wow!" What an incredible week it has been. Last week I thought it was going to take a couple more weeks for more moving price action when it had only taken a few days which has seen Bitcoin reach and pass the $10,000 region. We have also seen the total Market cap for cryptocurrencies increase from about 280B to over 300B (308B at time of writing) within just a few days. A huge injection of liquidity, about 40B, into the market and just to name a few of the best rises in the top 20 (on Coinmarketcap.com), the price of ETH BTC ADA have given good performances/positive responses (With this I will start adding screenshots at the end of each week for timestamp purposes).
This may be a combination from Binance, Mastercard, Paypal, Grayscale investments, VISA AND the DEFI sector. Let me explain... Last week we read about Binance integrating with the company Swipe (SXP) to issue there own debit card expanding the use and reach of cryptocurrency to 31 countries within Europe. Binance's Q2 scheduled token burn of $60.5 Million, this figure correlates with its exchange, margin and futures trading platforms where approximately 20% of profits get burned to increase the price of BNB token (careful as the price has been steady after the burn).
This week we find out Mastercard's expansion into the Cryptosphere as they expand and integrate with the Wirex team to issue a Mastercard-backed Bitcoin debit card, thus further extending the reach of cryptocurrency availability internationally.
"The cryptocurrency market continues to mature and Mastercard is driving it forward, creating safe and secure experiences for consumers and businesses in today’s digital economy " "...Our work with Wirex and the wider crypto ecosystem is accelerating innovation and empowering consumers with more choice in the way they pay"
Mastercard is also reaching out to other emerging cryptocurrency firms to apply to become principal members [Partners] with Mastercard as they have relaxed their digital assets program and look to expand into the Digital Assets and Blockchain environment.
Paypals expression of interest in cryptocurrency facilitiation may bear fruits as it is said Paypal has partnered up with stablecoin operator Paxos (who is already in partnership with Revolut in the US) to facilitate trading through a cryptocurrency brokerage which will enable other firms to integrate cryptocurrency trading functionalities with them. In my opinion this looks much more promising than the Libra association they pulled out from last October as regulations.
Grayscale Investments clears regulatory hurdle as they have been given the green light for its Bitcoin Cash Trust (BCHG) and Litecoin Trust (LTCN) to be quoted in over-the-counter (OTC) markets by US Financial Industry Regulatory Authority (FINRA).
“The Trusts are open-ended trusts sponsored by Grayscale and are intended to enable exposure to the price movement of the Trusts’ underlying assets through a traditional investment vehicle, avoiding the challenges of buying, storing, and safekeeping digital Bitcoin Cash or Litecoin directly.”
More green lights for Cryptocurrency in the US as regulators allow banks to provide cryptocurrency custody services (which may go further than just custody services). A little bit strange as it seems unnecessary and undermines one of the key factors and uses of cryptocurrency which is to be in complete control of your own finances... On another outlook this may be bullish as it allows US banks to provide banking services directly to lawful cryptocurrency businesses and show support for Bitcoin.
Visa shows support stating they have a roadmap for their further expansion into the Crypto sphere. Already working with Crypto platform Coinbase and Fold they have stated they recognise the role of digital assets in the future of money. To be frank, it appears to be focused on stable coins, cost effectiveness and transaction speeds. However they are expanding their support for crypto assets.
AND MOST IMPORTANTLY, DeFI! Our very own growing section in crypto. Just like the 2017 ICO boom we are seeing exorbitant growth and FOMO into the Decentralised Finance sector (WBTC, Stablecoins, Yield farming, DEXs etc). The amount of active addresses on Ethereum has doubled but with the FOMO on their network have sky rocketed their fees! Large use-cases of stable coins such as USDT ($6B in circulation using ERC-20 standard), DAI, TUSD, and PAX. $114M Wrapped Bitcoin (WBTC) on their network acts as a fluid side chain for Bitcoin and DEX trade volume has touched $1.6B this month. With all this action happening on Ethereum I saw the 24HR volume surpass BTC briefly on Worldcoinindex.com
In other news, Bitcoin has been set as a new precedent in a US federal court in a case against Larry Dean Harmon, the operator of an underground trading platform Helix. Bitcoin has now legally been ruled as a form of money.
“After examination of the relevant statutes, case law, and other sources, the Court concludes that bitcoin is money under the MTA and that Helix, as described in the indictment, was an `unlicensed money transmitting business´ under applicable federal law.”
Quick news in China/Asia as floods threaten miners and the most dominant ASIC Bitcoin mining rig manufacturer Bitmain loses 10,000 Antminers worth millions alledgedly goes missing or "illegally transfered" with ongoing leadership dispute between cofounders.
Last but not least, Cardano (ADA) upgrade Shelley is ready to launch! Hardfork is initiated as final countdown clock is switched on. At time of writing the point of no return has been reached, stress tests done and confirmation Hardfork is coming 29/07 The Shelley Mainnet upgrade is a step toward fast, capable and decentralised crypto that can serve billions of people. With the Shelley Mainnet is ADA staking rewards and pools! Here is a chance for us Gravychainers to set up a small pool of our own. Small percentage of profits going into the development of the community, and you keep the rest!
If you read all of my ramblings thanks heaps! I appreciate it! I have added an extra piece of reading called speculation. Most you can speculate on by just reading the headline some others have more depth to them.
Another post next week for a weekly round up! Where do you think the market is going? What is in your portfolio? Let us know in the Gravychain Discord Channel
See you soon!
🍕 Bring some virtual pizza to share 🍕
Come have a chat, stimulate a discussion, ask a question or share some knowledge. We are all friendly crypto enthusiasts up for a chat, supportive and want to help each other with knowledge and investments!
Big thanks to our Telegram and My Crypto HQ for the constant news updates!
P.S.
Dr Seuss collectables on the blockchain HECK YEAH! and Bitcoin enters NASCAR, remember when Doge did this? it was like when Doge was trending on TikTok.
... Oh yeah did I also mention Steve Wozniak is suing Youtube, Google over rampant Bitcoin scams. Wait, what? Sydney based law firm JPB Liberty is suing Google, Facebook and Twitter for up to $300B. Just another day in the Cryptosphere.
submitted by IOTAbesomewhere to Gravychain [link] [comments]

How do I Buy Bitcoin & Crypto? - Pros & Cons of 5 Exchanges

Are you looking to start investing in cryptocurrency and wondering the best place to buy it? Or if you are in the US, are you wondering which crypto exchanges are legal for you to use? Below is a list of 5 cryptocurrency exchanges that, as of this post, are all legal for US citizens. I have also included a quick break down on the pros and cons of each exchange. This is not a complete list of every exchange available to US citizens as there are others, but these are my own personal top 5 based on characteristics such as ease of use, security, fees, liquidity and selection of available coins to trade. If you are not located in the US there is a good chance most of these exchanges are available to you as well, you will just need to check with the exchange and look up your own country's policies regarding the purchase of cryptocurrencies.
As you go through the list please keep in mind, while I do have them ranked 1 through 5, there is not a lot separating them and each of these exchanges offer something a little unique from the others. Everyone's investment goals and preferences are going to be a little different so my #5 exchange here could be your #1 based on your criteria. It is also pretty likely that if you end up wanting to invest in 5 or more coins at some point, no one exchange is going to have all of them available so you will likely need to open multiple accounts anyways. Okay, on to the list.

1) Binance US
Binance US is an offshoot of one of the largest cryptocurrency exchanges out there, Binance.com. They created Binance US in response to US citizens being banned from using their main exchange back in 2019. These two exchanges function much the same with the biggest difference being that Binance US has a slightly smaller pool of cryptos listed on their exchange, which currently is a little over 30 coins. Other than that, all of the great features of Binance.com that have helped it become one of the largest crypto exchanges in the world, apply to Binance US as well.
PROS
- Low Fees: Start at 0.10% spot trading fee and goes down from there depending on your trading frequency. You can also save an additional 25% off your trading fees by holding their native token BNB.
- High Trading Volume: Allows you to get in and out of your positions more easily.
- Coin Selection: Currently as of this writing there are over 30 different coins available to be traded.
- Reliability / Reputation: As one of the larger players in the crypto space, Binance is able to offer a bit of security as they are able to throw a lot of money at any potential problems with things like hackers. Binance US puts away a set portion of their earnings every month in a fund that acts as insurance against any funds that may be lost due to hackers. Back in 2019 they had an incident where 40 million dollars of crypto was stolen by hackers and they reimbursed every penny to their customers.
CONS
- Interface: Trading can be a little confusing for those not used to trading cryptocurrencies. While it is not too difficult to learn, a couple of the upcoming exchanges on my list are a little more user friendly for those who are new to the space.
All things considered, right now if I was getting started with Crypto trading in the US, Binance US would be the first account that I created. If you would like to open an account you can use the link below. If you are located outside of the United States I would suggest opening an account on the the original Binance.com exchange as they currently have a wider selection of cryptos to pick from. Below is a link for their sign up as well if you are interested.
Binance US Sign Up
Binance Sign Up (Non-US Citizens)

2) Crypto.com
Crypto.com is on a mission to be the leader in cryptocurrency adoption to the masses and is trying to bridge the gap between the worlds of blockchain and traditional finance. Along with trading cryptocurrencies they have programs on their app like Earn, Invest, Pay & Credit which you would find with more traditional finance companies. For instance, through their Earn program there are many coins you can earn interest on by locking them up for a set time period. Depending on the coin, how many MCO (Crypto.com native coin) you have staked and how long you keep your tokens locked up for, you can earn anywhere from 2% to 18% interest which a lot better than any bank is going to do for you these days.
One of the best features of Crypto.com, in my opinion, are their great eye-catching, metal crypto MCO reward credit cards. These cards pay you cashback, in the form of their MCO token, for all of your day to day purchases anywhere that VISA is accepted. Depending on which level of card you get, these credit cards reward 1% to 5% cashback on all spending along with other great benefits like free ATM & international withdrawals, 100% cashback on Spotify & Netflix subscriptions and airport lounge access. In order to get your hands on one of these cards you will need to open a Crypto.com account if you don’t already have one. There is good news if you don’t already have one, as new sign ups can get $50 worth of MCO tokens free by using the link and promo code I have posted below. Please note that the $50 of MCO tokens will remain locked until you deposit & stake at least 50 MCO tokens toward the sign up of the particular card you are interested in. If you want to know a little more about these cards you can check out method #3 in my earlier post 5 Easy Legitimate Ways to Earn Free Crypto where I go into a bit more detail on them. However, for the purpose of this post, let's get to some pros and cons of their exchange platform.
PROS
- Low Fees: Start at 0.20% and go lower from there depending on your trading volume.
- Coin Selection: Currently as of this writing there are 53 different coins available to be traded.
- Interface: Easy to use app that is very user friendly.- Customer Service: One of the best customer service programs in the industry if you need any help.
CONS
- App Only: No desktop version, all functions on the exchange must be done via their app.
- History: Founded in 2016 so they are still relatively new to the industry.
Crypto.com is a great option if you are looking to trade cryptocurrencies and also want to take advantage of things like their cash back VISA cards and Earn program that pay you great interest rates as you hold your coins. Below is a link you can use to sign up for a new account. If you are also interested in getting one of their MCO Visa cards, use the link below along with the promo code to get $50 of their MCO token free.
Crypto.com Sign Up
PROMO CODE: gapena3dq4

3) Coinbase Headquartered in San Francisco, Coinbase is the largest US-based crypto exchange with about 20 million current users. Like Crypto.com, they are trying to bring cryptocurrency trading to the masses through an easy to use interface and education. One way they try to educate their users is through their Coinbase Earn program where they offer free crypto for watching short educational videos teaching you about the various coins they offer on their exchange. I will not go into the details of that program here, but if you are interested in checking it out I go into a bit more detail on it in my post 5 Easy Legitimate Ways to Earn Free Crypto. Now on to some of the pros and cons.
PROS
- High Trading Volume: Allows you to get in and out of your positions easily.
- Interface: Easy to use desktop interface and trading mechanisms for those new to crypto trading.
- Insurance: Coinbase carries an insurance policy that covers 2% of all assets on the exchange and they keep the other 98% in cold storage.
CONS
- Fees: While their fee structure is not horrible, it is a bit higher than Crypto.com and Binance US. Crypto to crypto trading fees are at 0.50% / bank purchases at 1.49% / credit & debit card purchases at 3.99%.
- Coin Selection: Currently they only have about 20 coins to choose from, however they are looking to add a bunch more soon.
Coinbase is a solid choice for anyone looking to get started in crypto trading. If you would like to open an account you can use the link below which will get you $10 of free Bitcoin as a sign up bonus. Please note that to get the free $10 you must buy or sell $100 worth of crypto within 180 days of signing up.
Coinbase Sign Up

4) Robinhood
Robinhood is the pioneer of no fee trading for securities which is the main benefit of this exchange. It also is, to my knowledge, one of the few exchanges that allow you to trade both traditional stocks and cryptocurrencies. Technically their stock and crypto exchanges are separate entities, however you can seamlessly trade them both from the same account on their app. This is great for those who would like to get started trading in both crypto and traditional stocks but don't want to open multiple accounts. Or for those who might want to trade back and forth between stocks and crypto but don't want to have to transfer money between accounts to do so. Now to explore some other features of the Robinhood exchange let's get into the pros and cons.

PROS
- Fees: None (FREE!)
- Flexibility: Can trade multiple asset classes (Stocks, Crypto, ETFs, Options)
- Interface: Easy to use app that is very user friendly. Desktop version available as well.

CONS
- Coin Selection: Currently only offer 7 coins that can be traded (BTC, BCH, BSV, DOGE, ETH, ETC, LTC)
- Coin Mobility: Your coins must remain on the Robinhood exchange. You cannot transfer your coins to another exchange or withdraw them to put in your own digital wallets.
With their user friendly interface and no fees, Robinhood is very appealing for those just getting into crypto trading. If you are just looking to buy some of the higher cap coins like Bitcoin and Etherium, this exchange can be a good fit for you. However if you know there are some projects you would like to invest in that are not listed above, you may want to choose some of the other exchanges on this list, or both. If you are unsure at this point if you want to invest beyond coins like Bitcoin and Etherium in the future, it doesn't hurt to start here, get your feet wet and open another account down the road if you have other projects you get interested in. If you would like to open an account you can use the link below to get one free stock with sign up! This free stock will be valued somewhere between $2.50 and $200.
Robinhood Sign Up

5) Kraken
Kraken exchange is based out of the United States and was founded back in 2011. While there is no specific trait that blows away the competition with this exchange, it does most everything pretty well. Like most crypto exchanges at this point, your funds on there are not FDIC insured, however Kraken does keep a separate fund that serves as an insurance policy and is currently over 100 million dollars. They also show great transparency and compliance with programs like their Proof of Reserves which offers proof that they hold all of the funds that they say they do. Here is quick break down of their pros and cons.

PROS
- Low Fees: Range from 0.10% to 0.26% depending on your trading frequency.
- High Security: One of the best reputations in the industry for security.
- Coin Selection: Good but not great. Currently they have about 20 coins available for trading.

CONS
- Interface: Making trades can be a little confusing for beginners who are not familiar with their format. However with a couple quick tutorials most of you should be able to get familiar with it pretty quickly.
To open an account and begin trading with Kraken use the link below.
Kraken Sign Up

Interested in some ways you can passively earn free crypto?

Below is a link to a previous post that shares my best ways to earn free crypto in 2020 with the least amount of effort.
5 Easy Legitimate Ways to Earn Free Crypto
submitted by CaliBum16 to Crypto_General [link] [comments]

Best Exchanges to Buy Bitcoin & Crypto in the US (Pros & Cons)

Are you looking to start investing in cryptocurrency and wondering where the best place to buy it is? Or if you are in the US, are you wondering which crypto exchanges are legal for you to use? Below is a list of 5 cryptocurrency exchanges that, as of this post, are all legal for US citizens. I have also included a quick break down on the pros and cons of each exchange. This is not a complete list of every exchange available to US citizens as there are others, but these are my own personal top 5 based on characteristics such as ease of use, security, fees, liquidity and selection of available coins to trade. If you are not located in the US there is a good chance most of these exchanges are available to you as well, you will just need to check with the exchange and look up your own country's policies regarding the purchase of cryptocurrencies.
As you go through the list please keep in mind, while I do have them ranked 1 through 5, there is not a lot separating them and each of these exchanges offer something a little unique from the others. Everyone's investment goals and preferences are going to be a little different so my #5 exchange here could be your #1 based on your criteria. It is also pretty likely that if you end up wanting to invest in 5 or more coins at some point, no one exchange is going to have all of them available so you will likely need to open multiple accounts anyways. Okay, on to the list.

1) Binance US
Binance US is an offshoot of one of the largest cryptocurrency exchanges out there, Binance.com. They created Binance US in response to US citizens being banned from using their main exchange back in 2019. These two exchanges function much the same with the biggest difference being that Binance US has a slightly smaller pool of cryptos listed on their exchange, which currently is a little over 30 coins. Other than that, all of the great features of Binance.com that have helped it become one of the largest crypto exchanges in the world, apply to Binance US as well.

PROS
- Low Fees: Start at 0.10% spot trading fee and goes down from there depending on your trading frequency. You can also save an additional 25% off your trading fees by holding their native token BNB.
- High Trading Volume: Allows you to get in and out of your positions more easily.
- Coin Selection: Currently as of this writing there are over 30 different coins available to be traded.
- Reliability / Reputation: As one of the larger players in the crypto space, Binance is able to offer a bit of security as they are able to throw a lot of money at any potential problems with things like hackers. Binance US puts away a set portion of their earnings every month in a fund that acts as insurance against any funds that may be lost due to hackers. Back in 2019 they had an incident where 40 million dollars of crypto was stolen by hackers and they reimbursed every penny to their customers.
CONS
- Interface: Trading can be a little confusing for those not used to trading cryptocurrencies. While it is not too difficult to learn, a couple of the upcoming exchanges on my list are a little more user friendly for those who are new to the space.
All things considered, right now if I was getting started with Crypto trading in the US, Binance US would be the first account that I created. If you would like to open an account you can use the link below. If you are located outside of the United States I would suggest opening an account on the the original Binance.com exchange as they currently have a wider selection of cryptos to pick from. Below is a link for their sign up as well if you are interested.
Binance US Sign Up
Binance Sign Up (Non-US Citizens)

2) Crypto.com
Crypto.com is on a mission to be the leader in cryptocurrency adoption to the masses and is trying to bridge the gap between the worlds of blockchain and traditional finance. Along with trading cryptocurrencies they have programs on their app like Earn, Invest, Pay & Credit which you would find with more traditional finance companies. For instance, through their Earn program there are many coins you can earn interest on by locking them up for a set time period. Depending on the coin, how many MCO (Crypto.com native coin) you have staked and how long you keep your tokens locked up for, you can earn anywhere from 2% to 18% interest which a lot better than any bank is going to do for you these days.
One of the best features of Crypto.com, in my opinion, are their great eye-catching, metal crypto MCO reward credit cards. These cards pay you cashback, in the form of their MCO token, for all of your day to day purchases anywhere that VISA is accepted. Depending on which level of card you get, these credit cards reward 1% to 5% cashback on all spending along with other great benefits like free ATM & international withdrawals, 100% cashback on Spotify & Netflix subscriptions and airport lounge access. In order to get your hands on one of these cards you will need to open a Crypto.com account if you don’t already have one. There is good news if you don’t already have one, as new sign ups can get $50 worth of MCO tokens free by using the link and promo code I have posted below. Please note that the $50 of MCO tokens will remain locked until you deposit & stake at least 50 MCO tokens toward the sign up of the particular card you are interested in. If you want to know a little more about these cards you can check out method #3 in my earlier post 5 Easy Legitimate Ways to Earn Free Crypto where I go into a bit more detail on them. However, for the purpose of this post, let's get to some pros and cons of their exchange platform.

PROS
- Low Fees: Start at 0.20% and go lower from there depending on your trading volume.
- Coin Selection: Currently as of this writing there are 53 different coins available to be traded.
- Interface: Easy to use app that is very user friendly.- Customer Service: One of the best customer service programs in the industry if you need any help.

CONS
- App Only: No desktop version, all functions on the exchange must be done via their app.
- History: Founded in 2016 so they are still relatively new to the industry.

Crypto.com is a great option if you are looking to trade cryptocurrencies and also want to take advantage of things like their cash back VISA cards and Earn program that pay you great interest rates as you hold your coins. Below is a link you can use to sign up for a new account. If you are also interested in getting one of their MCO Visa cards, use the link below along with the promo code to get $50 of their MCO token free.

Crypto.com Sign Up
PROMO CODE: gapena3dq4


3) Coinbase Headquartered in San Francisco, Coinbase is the largest US-based crypto exchange with about 20 million current users. Like Crypto.com, they are trying to bring cryptocurrency trading to the masses through an easy to use interface and education. One way they try to educate their users is through their Coinbase Earn program where they offer free crypto for watching short educational videos teaching you about the various coins they offer on their exchange. I will not go into the details of that program here, but if you are interested in checking it out I go into a bit more detail on it in my post 5 Easy Legitimate Ways to Earn Free Crypto. Now on to some of the pros and cons.

PROS
- High Trading Volume: Allows you to get in and out of your positions easily.
- Interface: Easy to use desktop interface and trading mechanisms for those new to crypto trading.
- Insurance: Coinbase carries an insurance policy that covers 2% of all assets on the exchange and they keep the other 98% in cold storage.

CONS
- Fees: While their fee structure is not horrible, it is a bit higher than Crypto.com and Binance US. Crypto to crypto trading fees are at 0.50% / bank purchases at 1.49% / credit & debit card purchases at 3.99%.
- Coin Selection: Currently they only have about 20 coins to choose from, however they are looking to add a bunch more soon.
Coinbase is a solid choice for anyone looking to get started in crypto trading. If you would like to open an account you can use the link below which will get you $10 of free Bitcoin as a sign up bonus. Please note that to get the free $10 you must buy or sell $100 worth of crypto within 180 days of signing up.
Coinbase Sign Up

4) Robinhood
Robinhood is the pioneer of no fee trading for securities which is the main benefit of this exchange. It also is, to my knowledge, one of the few exchanges that allow you to trade both traditional stocks and cryptocurrencies. Technically their stock and crypto exchanges are separate entities, however you can seamlessly trade them both from the same account on their app. This is great for those who would like to get started trading in both crypto and traditional stocks but don't want to open multiple accounts. Or for those who might want to trade back and forth between stocks and crypto but don't want to have to transfer money between accounts to do so. Now to explore some other features of the Robinhood exchange let's get into the pros and cons.

PROS
- Fees: None (FREE!)
- Flexibility: Can trade multiple asset classes (Stocks, Crypto, ETFs, Options)
- Interface: Easy to use app that is very user friendly. Desktop version available as well.

CONS
- Coin Selection: Currently only offer 7 coins that can be traded (BTC, BCH, BSV, DOGE, ETH, ETC, LTC)
- Coin Mobility: Your coins must remain on the Robinhood exchange. You cannot transfer your coins to another exchange or withdraw them to put in your own digital wallets.

With their user friendly interface and no fees, Robinhood is very appealing for those just getting into crypto trading. If you are just looking to buy some of the higher cap coins like Bitcoin and Etherium, this exchange can be a good fit for you. However if you know there are some projects you would like to invest in that are not listed above, you may want to choose some of the other exchanges on this list, or both. If you are unsure at this point if you want to invest beyond coins like Bitcoin and Etherium in the future, it doesn't hurt to start here, get your feet wet and open another account down the road if you have other projects you get interested in. If you would like to open an account you can use the link below to get one free stock with sign up! This free stock will be valued somewhere between $2.50 and $200.
Robinhood Sign Up

5) Kraken
Kraken exchange is based out of the United States and was founded back in 2011. While there is no specific trait that blows away the competition with this exchange, it does most everything pretty well. Like most crypto exchanges at this point, your funds on there are not FDIC insured, however Kraken does keep a separate fund that serves as an insurance policy and is currently over 100 million dollars. They also show great transparency and compliance with programs like their Proof of Reserves which offers proof that they hold all of the funds that they say they do. Here is quick break down of their pros and cons.

PROS
- Low Fees: Range from 0.10% to 0.26% depending on your trading frequency.
- High Security: One of the best reputations in the industry for security.
- Coin Selection: Good but not great. Currently they have about 20 coins available for trading.

CONS
- Interface: Making trades can be a little confusing for beginners who are not familiar with their format. However with a couple quick tutorials most of you should be able to get familiar with it pretty quickly.
To open an account and begin trading with Kraken use the link below.
Kraken Sign Up

Interested in some ways you can passively earn free crypto?

Below is a link to a previous post that shares my best ways to earn free crypto in 2020 with the least amount of effort.
5 Easy Legitimate Ways to Earn Free Crypto
submitted by CaliBum16 to Crypto_General [link] [comments]

Trading View (Request)

App Name: TradingView - stock charts, Forex & Bitcoin ticker
Description: Stock charts with real-time market quotes & trading ideas. Traders & Investors.
Simple for beginners and effective for technical analysis experts, TradingView has all of the instruments for publication and the viewing of trading ideas. Real-time quotes and charts are available for wherever you are at whatever time.
At TradingView, all data is obtained by professional providers who have direct and extensive access to stock quotes, futures, popular indices, Forex, Bitcoin and CFDs.
You can effectively track stock market and major global indices such as the NASDAQ Composite, S&P 500 (SPX), NYSE, Dow Jones (DJI), DAX, FTSE 100, NIKKEI 225, etc. You can also learn more about exchange rates, oil prices, mutual funds, bonds, ETFs and other commodities.
TradingView is the most active social network for traders and investors. Connect with millions of traders from around the world, learn from the experiences of other investors and discuss trading ideas.
Advanced Charts TradingView has excellent charts that surpass even desktop trading platforms in quality — all for free. No compromises. All of the features, settings and tools of our charts will also be available in our app version. Over 10 types of charts for market analysis from different angles. Starting with an elementary chart line and ending with Renko and Kagi charts, which focus heavily on price fluctuations and barely take time into account as a factor. They can be very useful for determining long-term trends and can help you earn money.
Choose from a large selection of price analysis tools, including, but not limited to, indicators, strategies, drawing objects (i.e. Gann, Elliot Wave, moving averages) and more.
Individual watchlists and alerts You can track major global indices, stocks, currency pairs, bonds, futures, mutual funds, commodities and cryptocurrencies all in real-time.
Alerts will help you not to miss the smallest of changes in the market and will allow you to react in time to invest or sell profitably, increasing your overall profit.
Flexible settings help you to track the indices you need and also group them in a way that is convenient for you.
Syncing your accounts All saved changes, notifications, charts, and technical analysis, which you began on the TradingView platform will be automatically accessible from your mobile device through the app.
Real-time data from global exchanges Gain access to data in real-time on more than 100,000 instruments from over 50 exchanges from the United States, Russia, the East, and countries in Asia and Europe, such as: NYSE, LSE, TSE, SSE, HKEx, Euronext, TSX, SZSE, FWB, SIX, ASX, KRX, NASDAQ, JSE, Bolsa de Madrid, TWSE, BM&F/B3, MOEX and many others!
Commodity prices In real-time, you can track prices for gold, silver, oil, natural gas, cotton, sugar, wheat, corn, and many other products.
Global indices Track major indices of the world stock market in real-time: ■ North and South America: Dow Jones, S&P 500, NYSE, NASDAQ Composite, SmallCap 2000, NASDAQ 100, Merval, Bovespa, RUSSELL 2000, IPC, IPSA; ■ Europe: CAC 40, FTSE MIB, IBEX 35, ATX, BEL 20, DAX, BSE Sofia, PX, РТС, ММВБ (MOEX); ■ Asian-Pacific Ocean Regions: NIKKEI 225, SENSEX, NIFTY, SHANGHAI COMPOSITE, S&P/ASX 200, HANG SENG, KOSPI, KLCI, NZSE 50; ■ Africa: Kenya NSE 20, Semdex, Moroccan All Shares, South Africa 40; and ■ Middle East: EGX 30, Amman SE General, Kuwait Main, TA 25.
Cryptocurrency Get the opportunity to compare prices from leading cryptocurrency exchanges, such as HitBTC, Binance, BitBay, Coinbase, Mercado Gemini, Kraken, Huobi, OkCoin, and many others. Get information on prices for: ■ Bitcoin (BTC), Litecoin (LTC), Ripple (XRP); ■ Ethereum ( ETH), Ethereum Classic (ETC), IOTA; ■ Dogecoin (DOGE), USD Coin (USDC), Tron (TRX); ■ Stellar (XLM), Tether (USDT), Cardano (ADA); ■ Monero (XMR), ZCash (ZEC), Dash.
Playstore Link: https://play.google.com/store/apps/details?id=com.tradingview.tradingviewapp
Mod Features: Additional indicators available in pro version of this app
submitted by shinigamidoge to moddedandroidapps [link] [comments]

Multicurrency Wallet DEXs will be the standard of the 2020s. The present status quo is an absolute joke.

Before I begin, I'd like to ask you a question. Why are so many of the most established people in crypto among the most closed-minded when it comes to talking about new ideas? Why is the crypto space more concerned with what a clown from Australia is lying about or petty figurehead drama than the hard work and effort of the good and lesser-known among them?
Let's talk about altcoins for a minute. It'd be a very tough job to count every single alt that's come in on a hypetrain and died in obscurity. If I were to guess that 95% of them failed, I wouldn't be surprised to hear that it was a conservative estimate and that the number is even higher. Indeed, it would be much easier to count the exceptions to the rule. To name a few - ETH, LTC, XMR, and (quite amusingly) DOGE.
Should the stubbornly high failure rate of alts justify writing them all off as garbage? Businesses have an incredibly high failure rate too. It would be foolish - outright silly, even - to say that the grocery store is a fraud and a scam because the aqua-saxophone jazzercise laundromat failed to live up to it's expectations. Maybe not, because this is exactly the way the crypto space is right now.
That line of thinking is the de facto standard in the cryptocurrency space right now - "guilty (of being a shitcoin) until proven innocent (by some central authority figure or big exchange who can validate it for us so we don't have to do it ourselves)". To be fair, there was an aggressive torrent of these "goofy laundromats" in 2017 and people are either hungover or shell-shocked from all the broken pipedreams and costly fiction. You'd think that the titans of this industry, particularly those who care more about the cypherpunk essence of Bitcoin than how rich they can get off of it, would be more receptive to the legitimate projects that are working in obscurity to harden the crypto space and it's infrastructure. Unfortunately, that does not seem to be the case. All too many seem to think that everything that needed to be built has already been built.
Considering that all the Bitcoin titans are somewhat newly-minted, the irony is remarkable. No one used to take Bitcoin seriously. The further back in time you go, the more it took lonely effort and independent research to truly grasp its ideas. This is still the case today. Most have heard of it but have no idea what it is or why it's important. Many who are fervently in PMs or traditional investments like stocks and bonds continue to deride it, even though it will go down as the best performing asset of the 2010s by far. Others are a little more aggressive and, despite a lack of knowledge, call it anything from a scam to "rat poison squared". Like anything else, it's foolish to make bold claims atop little to no education.
You'd think that treatment would make Bitcoin maximalists do some reflecting. Instead, a sizable number of them decided to emulate the ones who beat up on Bitcoin when it was small and irrelevant. "All you need is Bitcoin. Everything else is trash. I know what I'm talking about because I bought the top of the 2013 bubble and I'm probably immune to future dumps for life".
Now let's talk about where cryptocurrency infrastructure falls short. Bitcoin still retains the same cypherpunk essence that it's always had. The same can be said for Bitcoin wallets. They're secure. They allow for anonymous transactions. They run on an immutable blockchain. There is no central authority between a key-holder and their funds. Enter the exchanges. In a way, they were a necessary evil. Without them, adoption would be severely throttled. With them, Bitcoin is compromised.
For many, the privacy and anonymity that BTC is supposed to offers has been tossed out. It was the only way it could be retrofitted into a tightly-controlled system that demands KYC. While this has helped to spread adoption, Bitcoin has become more and more traceable. Quite ironically, many of these same exchanges that adopted KYC policies to "ensure accountability from their customers" had no trouble exit scamming.
They come and go. The old one gets hacked, or it exit scams, or proves itself to be corrupt and suspicious. A new one comes. This time it will be different. Then the cycle repeats itself. Mt. Gox. Bitfinex. Polo. Bittrex. Binance. They all had their time in the Sun.
These exchanges are in many ways the antithesis of the cypherpunk manifesto - vulnerable honeypots directly controlled by a centralized figurehead. Unsurprisingly, they cause a lot of unneeded trouble and give Bitcoin a ton of bad publicity. Example:
Me: "What do you think of Bitcoin?"
Co-worker: "Didn't that thing get hacked last week?"
Me: "Bitcoin didn't, but a place where it was exchanged was."
Co-worker: "I don't trust it. It's only a matter of time til they find out how to type in some numbers to make more show up on a screen blah blah blah."
You've all likely met someone like this and brushed them off as closed-mined, but they're exactly the type of person this industry needs to convince to further adoption. It will be next to impossible to do so with the way things are right now.
In order for Bitcoin to survive, it needs exchanges that are built to the same code that it was. The solution, therefore, is to "port" the cypherpunk essence of Bitcoin to the exchanges. Immutability. Anonymity. Privacy. No central authority of figurehead.
With all that said, let's talk about DEXs. I started a thread on here a few months back when Binance announced that they were giving Americans the boot. I got a ton of answers. It shows that, among the hardcore at least, there is a desire to go in a new direction. Loopring, IDEX, and Bisq were among the more popular choices.
It's a step in the right direction. However, these DEXs are still rather inaccessible - especially to outsiders. Performance wise, they're on the slower side of things. Due to these setbacks, they suffer from low volume. This is where some recent developments in multicurrency wallets with embedded DEXs from lesser-known projects will come out of obscurity and catch everyone by surprise.
Among them - I'd like to mention Stakenet Wallet and KMD's Atomic DEX. Both of them, now seemingly weeks away from launch, will allow for atomic swaps between a wide variety of coins directly from a private wallet. Stakenet goes a step further by offering atomic swaps running atop Lightning Network.
Why does this matter? These two platforms will be to exchanges what the inception of Bitcoin was to currency. Finally, after almost 9 years, Bitcoin not only has an exchange that truly honors its essence, but it's starting to see healthy competition between them.
To elaborate further on why this is very important.. No KYC. No accounts. No sending Bitcoin to an exchange and waiting around for it to show up. No downloading multiple wallets. No exchange figureheads. No withdrawal freezes. In Stakenet's case, the decentralized MN network that runs it's DEX will also act as a massive LN payment processor (routing, watchtowers) that provides a ton of liquidity for it while allowing Bitcoin to scale. "Lightning swaps" will provide every LN-based coin the ability to be instantly swapped to purchase anything in BTC. Stakenet will also feature a DEX aggregator that will pool together the orderbooks of numerous DEXs into one easily-accessible spot, boosting traffic to the many DEXs that are harder to reach and furthering their adoption along. Simply download a wallet like you would any other app and you're ready to get started. It's so much easier and more convenient. I don't see how or why CEXs and all their ilk (figurehead drama, geoblocking, exchange hacks, wash trading, currency manipulation, exit scams, etc) could remain relevant in the environment to come.
Regulation will not save us. Decentralization will. As long as one person learned something from this, it was all worth it. I welcome the opinions of everyone in this space.
submitted by ketchuma to CryptoCurrency [link] [comments]

Rating for FatBTC

Trust 9.6/10
FatBTC exchange has a great reputation online although the community is still growing.
Fees 9.8/10
The exchange’s 0.2% trading fee is attractive and below average.
Customer Support 9.2/10
The exchange answers to inquiries fast and professionally.
Ease of Use 9.5/10
It is easy to trade on FatBTC with the exchange's currencies.
Overall rating:
The true user experience of FatBTC will be evaluated as the community grows. Its liquidity grows high, making it easy for traders to feel attracted to the exchange.
Is FatBTC reliable? - Full Exchange Review
Quick inner navigation:
  1. What is FatBTC?
  2. FatBTC Fees
  3. FatBTC Verification
  4. Special Features
  5. How to use FatBTC?
Although there are over a dozen cryptocurrency exchanges with high reviews, traders are always looking for new trading platforms to experiment with. Coinmarketcap.com lists 212 exchanges, some with 24 hours trading volumes of more than $700000. FatBTC, a global exchange, ranks 22th with a daily trading volume of $17 million. The biggest exchange based on daily trading volume is BitMex, an exchange most notable for trading Bitcoins against US dollars. The largest cryptocurrency to cryptocurrency exchange is Binance, with a 24-hour trading volume of $1.84 billion. Bitfinex comes in third and popular US-based exchange, GDAX, ranks eighth.
FatBTC ranks at number 8, has gained a lot of popularity since December 2017. The company claims to now have more than 100,000 daily traders. The following FatBTC exchange review explores all the important aspects of the trading platform.
What is FatBTC?
Launched in 2014, FatBTC targeted global traders. The official language on the website is now available in multiple languages, such as English, Chinese(Trading), Chinese (Simplified), Portuguese, Spanish,Russian and etc. It lists more than 100 cryptocurrencies, both popular and less popular cryptocurrencies. The exchange offers four main services:
► Purchase of Bitcoins can use USD, EUR, VND through bank transfer
► An online cryptocurrency wallet
► Purchase and selling of cryptocurrencies
► Speculative investment exchange, Fatcoin
The platform has been open and welcoming to traders from all parts of the world.
There are currently no limits to buying or selling any of the cryptocurrencies listed on the exchange. The average daily trading volume for Ethereum against Bitcoins, for example, is $36,800. With such a trading volume, an investor who purchases ether coins worth $10,000 and above will have trouble buying or selling the coins.
Buying Payment Method
As a Chinese focused market, FatBTC facilitates buying of the following cryptocurrencies using USD, EUR, VND via bank transfer: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Ripple, DogeCoin, EOS, Dent, Dragon Coin, Kin Coin.
If you live outside China, you can fund your account using Bitcoins or Ethereum coins. You also have the option to add funds using popular altcoins Like Bitcoin Cash and Ripple.
Selling Payment Methods
FatBTC pairs most cryptocurrencies with Bitcoin, Ethereum.You can sell any cryptocurrencies, or receive Bitcoins or ether coins. According to the website’s daily trading volume, most traders sell their cryptocurrencies in either Bitcoins.
Available Cryptocurrencies
At the time of writing, FatBTC Lists 24 cryptocurrencies. Most of the coins on the exchange contribute Less than 5% of daily trading volumes. In fact, Bitcoin, Ethereum and Bitcoin Cash contribute 84% of the exchange’s daily trading volume.63.35% of all trading involves Chinese Yuan and Bitcoins. The top 13 cryptocurrencies contribute less than 1% of daily trading volumes. Bitcoin, Bitcoin Cash, Litecoin, and EOS are the top most popular cryptocurrencies on FatBTC.Less popular but rising cryptocurrencies on the exchange include TRON, Electra, and Dogecoin.
FatBTC Fees
With fixed 0.2% trading fees, the FatBTC exchange has Lower fees than most exchanges. FatBTC exchange has lower fees than most exchanges. The average trading fee is 0.25%, with a few exchanges offering up to 1%. Here is how FatBTC fares regarding fees compared to popular cryptocurrency exchanges. Some exchanges charge a maker versus taker fee, whereby sellers, who provide Liquidity to the coin, are makers. Takers are traders buying the coins. Some exchanges charge a fixed trading fee irrespective of whether you are buying or selling a cryptocurrency.
Exchange Maker Taker Fixed fee
GDAX 0% 0.25%
Bitfinex 0.1% 0.2%
HitBTC 0.1%
Binance 0.1%
Poloniex 0.15% 0.25%
Kraken 0.16% 0.26%
As you can see above, only Binance and HitBTC beat FatBTC in fees. However, FatBTC does not charge deposit fees, while some exchanges that purport to charge low or no trading fees do. The exchange does, however, charge a slightly high withdrawal fee of 0.5% Bitcoins.
FatBTC Verification
Creating an account on the trading platform is fast and easy. To register, the exchange asks for your email address where they send a verification code. Once you enter the code, you can create a password and log in immediately. No additional details are requested.
FatBTC Special Features
► Bonus Giveaways
To attract more traders to the platform, FatBTC is constantly offering bonuses and gifts to their traders. When promoting the introduction of Newifi Gold, for example, the exchange promised to giveaway a Tesla electric car, a tour, Apple devices, and bonuses to the top 10 traders.
► Live Announcements
The trading platform has an announcement tab on the left corner where news and important information is regularly updated. On top of that, there is a live chatbox where you can ask for assistance 24/7.
► Customer Support
The exchange has three main ways mode of communication with traders:
► A live chatbox.
► A ticket system where traders can submit their messages.
► Social media on Telegram, email, and Twitter.
So far, there have been no significant complaints about the exchange's customer support. If anything, most traders appreciate the exchange’s quick customer care.
How to use FatBTC?
The trading platform has a fairly easy user interface. You can access any of the services on FatBTC by following these steps:
Step 1: Create an Account
As already mentioned, creating an account on the exchange only requires a genuine email address. Through the email address, the exchange provides a verification code which helps you create an account. Verification to log in on the exchange is your email address and a password.
Step 2: Fund your Account
Except for Chinese traders who can fund their accounts using the local currency, most traders will have to fund their accounts using Bitcoins or Ethereum.FatBTC provides a deposit address unique to each cryptocurrency. Fund your account with a minimum of 0.05Bitcoins, and you can begin trading on the exchange.
Step 3: Trade
This exchange is a little bit unique. The website separates trading into four:
► Bitcoin Market
► Ethereum Market
► Fatcoin Market
Step 4: Withdraw Funds
As already mentioned, the minimum coin withdrawal amount is an equivalent of 0.05 Bitcoins. There is a fixed withdrawal fee of 0.005 Bitcoins. The Deposit and Withdrawal tab can be accessed on the far right corner of your screen. When depositing coins, you lock them with a unique password that you also use when withdrawing them.
In a Nutshell
FatBTC is fast-growing, thanks to a user-friendly, responsive website and good customer support It’s fast-growing, thanks to a user-friendly, responsive website and good customer support.
Thank you for reading our FatBTC review above. Hopefully, it will help you make an informed decision of whether to trade on the platform or not.
submitted by Lesley-Eden to fatbtc [link] [comments]

Rating for FatBTC

Trust 9.6/10
FatBTC exchange has a great reputation online although the community is still growing.
Fees 9.8/10
The exchange’s 0.2% trading fee is attractive and below average.
Customer Support 9.2/10
The exchange answers to inquiries fast and professionally.
Ease of Use 9.5/10
It is easy to trade on FatBTC with the exchange's currencies.
Overall rating:
The true user experience of FatBTC will be evaluated as the community grows. Its liquidity grows high, making it easy for traders to feel attracted to the exchange.
Is FatBTC reliable? - Full Exchange Review
Quick inner navigation:
  1. What is FatBTC?
  2. FatBTC Fees
  3. FatBTC Verification
  4. Special Features
  5. How to use FatBTC?
Although there are over a dozen cryptocurrency exchanges with high reviews, traders are always looking for new trading platforms to experiment with. Coinmarketcap.com lists 212 exchanges, some with 24 hours trading volumes of more than $700000. FatBTC, a global exchange, ranks 22th with a daily trading volume of $17 million. The biggest exchange based on daily trading volume is BitMex, an exchange most notable for trading Bitcoins against US dollars. The largest cryptocurrency to cryptocurrency exchange is Binance, with a 24-hour trading volume of $1.84 billion. Bitfinex comes in third and popular US-based exchange, GDAX, ranks eighth.
FatBTC ranks at number 8, has gained a lot of popularity since December 2017. The company claims to now have more than 100,000 daily traders. The following FatBTC exchange review explores all the important aspects of the trading platform.
What is FatBTC?
Launched in 2014, FatBTC targeted global traders. The official language on the website is now available in multiple languages, such as English, Chinese(Trading), Chinese (Simplified), Portuguese, Spanish,Russian and etc. It lists more than 100 cryptocurrencies, both popular and less popular cryptocurrencies. The exchange offers four main services:
► Purchase of Bitcoins can use USD, EUR, VND through bank transfer
► An online cryptocurrency wallet
► Purchase and selling of cryptocurrencies
► Speculative investment exchange, Fatcoin
The platform has been open and welcoming to traders from all parts of the world.
There are currently no limits to buying or selling any of the cryptocurrencies listed on the exchange. The average daily trading volume for Ethereum against Bitcoins, for example, is $36,800. With such a trading volume, an investor who purchases ether coins worth $10,000 and above will have trouble buying or selling the coins.
Buying Payment Method
As a market, FatBTC facilitates buying of the following cryptocurrencies using USD, EUR, VND via bank transfer: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Ripple, DogeCoin, EOS, Dent, Dragon Coin, Kin Coin.
If you live outside China, you can fund your account using Bitcoins or Ethereum coins. You also have the option to add funds using popular altcoins Like Bitcoin Cash and Ripple.
Selling Payment Methods
FatBTC pairs most cryptocurrencies with Bitcoin, Ethereum.You can sell any cryptocurrencies, or receive Bitcoins or ether coins. According to the website’s daily trading volume, most traders sell their cryptocurrencies in either Bitcoins.
Available Cryptocurrencies
At the time of writing, FatBTC Lists 24 cryptocurrencies. Most of the coins on the exchange contribute Less than 5% of daily trading volumes. In fact, Bitcoin, Ethereum and Bitcoin Cash contribute 84% of the exchange’s daily trading volume.63.35% of all trading involves Chinese Yuan and Bitcoins. The top 13 cryptocurrencies contribute less than 1% of daily trading volumes. Bitcoin, Bitcoin Cash, Litecoin, and EOS are the top most popular cryptocurrencies on FatBTC.Less popular but rising cryptocurrencies on the exchange include TRON, Electra, and Dogecoin.
FatBTC Fees
With fixed 0.2% trading fees, the FatBTC exchange has Lower fees than most exchanges. FatBTC exchange has lower fees than most exchanges. The average trading fee is 0.25%, with a few exchanges offering up to 1%. Here is how FatBTC fares regarding fees compared to popular cryptocurrency exchanges. Some exchanges charge a maker versus taker fee, whereby sellers, who provide Liquidity to the coin, are makers. Takers are traders buying the coins. Some exchanges charge a fixed trading fee irrespective of whether you are buying or selling a cryptocurrency.
Exchange Maker Taker Fixed fee
GDAX 0% 0.25%
Bitfinex 0.1% 0.2%
HitBTC 0.1%
Binance 0.1%
Poloniex 0.15% 0.25%
Kraken 0.16% 0.26%
As you can see above, only Binance and HitBTC beat FatBTC in fees. However, FatBTC does not charge deposit fees, while some exchanges that purport to charge low or no trading fees do. The exchange does, however, charge a slightly high withdrawal fee of 0.5% Bitcoins.
FatBTC Verification
Creating an account on the trading platform is fast and easy. To register, the exchange asks for your email address where they send a verification code. Once you enter the code, you can create a password and log in immediately. No additional details are requested.
FatBTC Special Features
► Bonus Giveaways
To attract more traders to the platform, FatBTC is constantly offering bonuses and gifts to their traders. When promoting the introduction of Newifi Gold, for example, the exchange promised to giveaway a Tesla electric car, a tour, Apple devices, and bonuses to the top 10 traders.
► Live Announcements
The trading platform has an announcement tab on the left corner where news and important information is regularly updated. On top of that, there is a live chatbox where you can ask for assistance 24/7.
► Customer Support
The exchange has three main ways mode of communication with traders:
► A live chatbox.
► A ticket system where traders can submit their messages.
► Social media on Telegram, email, and Twitter.
So far, there have been no significant complaints about the exchange's customer support. If anything, most traders appreciate the exchange’s quick customer care.
How to use FatBTC?
The trading platform has a fairly easy user interface. You can access any of the services on FatBTC by following these steps:
Step 1: Create an Account
As already mentioned, creating an account on the exchange only requires a genuine email address. Through the email address, the exchange provides a verification code which helps you create an account. Verification to log in on the exchange is your email address and a password.
Step 2: Fund your Account
Except for Chinese traders who can fund their accounts using the local currency, most traders will have to fund their accounts using Bitcoins or Ethereum.FatBTC provides a deposit address unique to each cryptocurrency. Fund your account with a minimum of 0.05Bitcoins, and you can begin trading on the exchange.
Step 3: Trade
This exchange is a little bit unique. The website separates trading into four:
► Bitcoin Market
► Ethereum Market
► Fatcoin Market
Step 4: Withdraw Funds
As already mentioned, the minimum coin withdrawal amount is an equivalent of 0.05 Bitcoins. There is a fixed withdrawal fee of 0.005 Bitcoins. The Deposit and Withdrawal tab can be accessed on the far right corner of your screen. When depositing coins, you lock them with a unique password that you also use when withdrawing them.
In a Nutshell
FatBTC is fast-growing, thanks to a user-friendly, responsive website and good customer support It’s fast-growing, thanks to a user-friendly, responsive website and good customer support.
Thank you for reading our FatBTC review above. Hopefully, it will help you make an informed decision of whether to trade on the platform or not.
submitted by hot-summer-night to FatCoin [link] [comments]

The Best Privacy Coins Today: A Comparison

A little-known fact about cryptocurrencies such as Bitcoin, Ethereum, Bitcoin Cash, and others, is that, contrary to popular belief, they aren't anonymous. Perhaps the belief that they are anonymous persists because rather than using real names in transactions, crypto transactions such as sending bitcoin from one wallet to another only require a string of text and numbers known as public addresses.
Public addresses, however, are pseudonymous, and still provide anyone with the sophistication and resources the ability to track down the personal details of the actors within an exchange. Within the last year, several well-known and popular figures within the cryptocurrency industry have had their identities and funds compromised, with millions of dollars lost.
Pseudonymity is not Anonymity
Just because your name, birthdate, and geographic location are not apparently tied to your cryptocurrency wallet doesn't mean that they can't be found out using your public address alone. The reason for this is simple: blockchain analysis. What is blockchain analysis? There are two forms of it; one is simple, the other much more sophisticated.
The simple version of blockchain analysis is one that anyone with access to the internet can perform. On any block explorer, whether it's for Bitcoin, Qtum, Neo, Ethereum, or Icon, you will find a search field into which any wallet address can be looked up. If you input your own public address, you will see the entire history of your financial activity on the blockchain laid bare. Who you've sent to, who you've received from, and what you own on the blockchain are all part of the public domain of blockchain information that is viewable by the world. If you're thinking that it's not a problem since you've got your public address shielding your real identity, then think again.
The sophisticated method of blockchain analysis aims to make connections and uncover a logic between different entities on blockchains. Essentially, this type of blockchain analysis views blockchains as massive Sudoku puzzles -- and with enough computer power and effective enough algorithms, patterns can be easily found on blockchains that lead hackers, blockchain analysis startups working for government organizations, and others straight to your actual identity.
Consider the way you entered into the cryptocurrency market in the first place. You had to buy bitcoin using Coinbase, Kraken, Bithumb, or another exchange with a fiat to crypto gateway. Doing so required your personal and bank details owing to the fact that regulated exchanges must comply with KYC (know-your-customer) and AML (anti-money-laundering) laws. After entering all of the required personal information, the exchange set about to confirm your details by sharing them with other third-party KYC organizations.
Finally, your documents and details were verified, allowing the chance to enter the market. After your you bought bitcoin, the natural thing to do was send it away from the exchange wallet and into your own software or hardware wallet. Then, perhaps you sent some bitcoin to Binance in order to buy a cryptocurrency asset such as ethereum. After purchasing ETH, perhaps you sent it back to your wallet before using it to participate in an ICO. This entire web of financial activity may seem disconnected and hard to trace, yet to a powerful enough blockchain analysis engine tracing all the way back to your initial exchange of purchase would have no problem at all uncovering your IP address and, eventually, your identity.
Using Anonymity to Protect your Digital Assets
The above scenario is in large part why privacy tokens such as Apollo Currency, Monero, Verge, and Dash have found popularity and value within cryptocurrency markets. Essentially, users are looking for a cryptocurrency asset which gives them the private, financial autonomy blockchain seemed to promise in its early days without being exposed to the possibility of being hacked, monitored, or otherwise controlled by outside parties.
Which Are the Best Coin for Anonymity?
The top contenders in the cryptocurrency marketplace for taking best privacy coin honors are Monero, Verge, and Dash, and Apollo Currency. Despite having some similarities, they are all in fact quite different. After the comparison, we'll share the reasons why three of these coins fail to provide adequate privacy while only one of them provides true anonymity and more.
Dash
Dash is a digital currency and payment network that places its privacy feature as an option rather than as the main feature. For this alone, it is already on the backfoot. Rather than have privacy built into every transaction as a standard, the Dash development team instead opted to give users the option to make transactions private using a feature called PrivateSend.
Despite having started out as Darkcoin, Dash changed paths and began focusing on mass-adoption and placed it's anonymity features to the side. As such, there are concerns around the centralization of Dash masternodes which are largely hosted by cloud AWS services leading to legitimate worry that government agencies could one day demand, and have access to, transaction logs.
Beyond this, Dash does not feature stealth addresses, encrypted messaging, IP masking, or a secure form of coin shuffling. Dash relies on CoinJoin for its PrivateSend feature which requires users to negotiate with each other during the transaction process.
Monero
Monero has the largest reputation when it comes to anonymous cryptocurrency. Apart from enjoying wide adoption and a stellar market capitalization, Monero is open-source and uses a proof-of-work algorithm for consensus along with RingCT signatures for privacy.
In sharp contrast to Dash, Monero is not a privacy-optional coin. Every transaction uses RingCT (confidential-transactions) to hide the sources of transactions in a given set. In theory, this should shield every transaction with anonymity, yet in practice, quite the opposite has been found. Researchers from MIT published a report titled "An Empirical Analysis of Traceability in the Monero Blockchain" wherein they revealed that they were able to trace 80% of Monero transactions prior to the integration of RingCT and 45% of transactions after its integration.
Beyond this, Monero lacks an encrypted messaging platform, does not mask IP addresses, does not function as a bitcoin mixer, and its proof-of-work consensus algorithm has significant negative effects on the environment.
Verge
Verge deserves a mention if only because of its bold claims. Prior to their Wraith update, Verge developers claimed that they would use Tor and I2P networks to anonymize user IP addresses. Unfortunately, not long after the Wraith update was announced, it appeared that Tor had not been integrated at all and several cryptocurrency whistleblower websites were able to track IP addresses involved in Verge transactions.
Initially called DogeCoinDark, Verge also uses two ledgers -- a private and a public ledger. This is to allow users the option of switching between ledgers depending on the type of transaction made and the level of disclosure the user prefers for that transaction. Like Monero, Verge lacks a coin shuffling function, claims to mask IP addresses but fails in practice, does not offer an alias system (meaning users can not encrypt text), and relies on a slow proof-of-work algorithm for consensus.
Apollo Currency
Apollo Currency picks up where privacy coins prior to it have left off and then goes several leaps further. Rather than offer a cut-rate privacy coin, Apollo has taken the strengths of other privacy coins and made them stronger, while also containing what they lack -- namely, real anonymity and financial freedom on the blockchain.
Apollo's Olympus Protocol ushers forth a new paradigm of anonymous transactions using a host of innovations. IP masking via Tor will allow for untraceable transactions directly from the Apollo wallet without the risk of having a compromised IP address somewhere down the line. Apollo also features coin-shuffling which, like bitcoin mixing, is a process for coin anonymization that makes shuffled coins resistant to tracing and blockchain analysis.
The way this works is simple - Apollo users simply send their coins through the shuffling mechanism which then pools user coins together, mixes them, then sends each user their specified amount of coins back from different sources than they started with. The result is complete anonymity and a break in the connection between sending and receiving addresses.
Apollo's encrypted messaging platform furthers the total anonymity offered by the currency. Users can communicate and transfer files without a trace, all the while having their IP addresses masked by Olympus Protocol.
Conclusion
Until Monero and Verge clear up the allegations made by researchers from MIT and other institutions that users are vulnerable to having their IP addresses exposed, I would steer clear of them. Dash and Apollo Currency are proven and both offer coin shuffling which is a real, proven coin anonymization technique that offers the best of privacy.
As always, it's best to DYOR (do your own research).
submitted by stardawg777 to CryptoCurrency [link] [comments]

Rating for FatBTC

Trust 9.6/10
FatBTC exchange has a great reputation online although the community is still growing.
Fees 9.8/10
The exchange’s 0.2% trading fee is attractive and below average.
Customer Support 9.2/10
The exchange answers to inquiries fast and professionally.
Ease of Use 9.5/10
It is easy to trade on FatBTC with the exchange's currencies.
Overall rating:
The true user experience of FatBTC will be evaluated as the community grows. Its liquidity grows high, making it easy for traders to feel attracted to the exchange.
Is FatBTC reliable? - Full Exchange Review
Quick inner navigation:
  1. What is FatBTC?
  2. FatBTC Fees
  3. FatBTC Verification
  4. Special Features
  5. How to use FatBTC?
Although there are over a dozen cryptocurrency exchanges with high reviews, traders are always looking for new trading platforms to experiment with. Coinmarketcap.com lists 212 exchanges, some with 24 hours trading volumes of more than $700000. FatBTC, a global exchange, ranks 22th with a daily trading volume of $17 million. The biggest exchange based on daily trading volume is BitMex, an exchange most notable for trading Bitcoins against US dollars. The largest cryptocurrency to cryptocurrency exchange is Binance, with a 24-hour trading volume of $1.84 billion. Bitfinex comes in third and popular US-based exchange, GDAX, ranks eighth.
FatBTC ranks at number 8, has gained a lot of popularity since December 2017. The company claims to now have more than 100,000 daily traders. The following FatBTC exchange review explores all the important aspects of the trading platform.
What is FatBTC?
Launched in 2014, FatBTC targeted global traders. The official language on the website is now available in multiple languages, such as English, Chinese(Trading), Chinese (Simplified), Portuguese, Spanish,Russian and etc. It lists more than 100 cryptocurrencies, both popular and less popular cryptocurrencies. The exchange offers four main services:
► Purchase of Bitcoins can use USD, EUR, VND through bank transfer
► An online cryptocurrency wallet
► Purchase and selling of cryptocurrencies
► Speculative investment exchange, Fatcoin
The platform has been open and welcoming to traders from all parts of the world.
There are currently no limits to buying or selling any of the cryptocurrencies listed on the exchange. The average daily trading volume for Ethereum against Bitcoins, for example, is $36,800. With such a trading volume, an investor who purchases ether coins worth $10,000 and above will have trouble buying or selling the coins.
Buying Payment Method
As a Chinese focused market, FatBTC facilitates buying of the following cryptocurrencies using USD, EUR, VND via bank transfer: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Ripple, DogeCoin, EOS, Dent, Dragon Coin, Kin Coin.
If you live outside China, you can fund your account using Bitcoins or Ethereum coins. You also have the option to add funds using popular altcoins Like Bitcoin Cash and Ripple.
Selling Payment Methods
FatBTC pairs most cryptocurrencies with Bitcoin, Ethereum.You can sell any cryptocurrencies, or receive Bitcoins or ether coins. According to the website’s daily trading volume, most traders sell their cryptocurrencies in either Bitcoins.
Available Cryptocurrencies
At the time of writing, FatBTC Lists 24 cryptocurrencies. Most of the coins on the exchange contribute Less than 5% of daily trading volumes. In fact, Bitcoin, Ethereum and Bitcoin Cash contribute 84% of the exchange’s daily trading volume.63.35% of all trading involves Chinese Yuan and Bitcoins. The top 13 cryptocurrencies contribute less than 1% of daily trading volumes. Bitcoin, Bitcoin Cash, Litecoin, and EOS are the top most popular cryptocurrencies on FatBTC.Less popular but rising cryptocurrencies on the exchange include TRON, Electra, and Dogecoin.
FatBTC Fees
With fixed 0.2% trading fees, the FatBTC exchange has Lower fees than most exchanges. FatBTC exchange has lower fees than most exchanges. The average trading fee is 0.25%, with a few exchanges offering up to 1%. Here is how FatBTC fares regarding fees compared to popular cryptocurrency exchanges. Some exchanges charge a maker versus taker fee, whereby sellers, who provide Liquidity to the coin, are makers. Takers are traders buying the coins. Some exchanges charge a fixed trading fee irrespective of whether you are buying or selling a cryptocurrency.
Exchange Maker Taker Fixed fee
GDAX 0% 0.25%
Bitfinex 0.1% 0.2%
HitBTC 0.1%
Binance 0.1%
Poloniex 0.15% 0.25%
Kraken 0.16% 0.26%
As you can see above, only Binance and HitBTC beat FatBTC in fees. However, FatBTC does not charge deposit fees, while some exchanges that purport to charge low or no trading fees do. The exchange does, however, charge a slightly high withdrawal fee of 0.5% Bitcoins.
FatBTC Verification
Creating an account on the trading platform is fast and easy. To register, the exchange asks for your email address where they send a verification code. Once you enter the code, you can create a password and log in immediately. No additional details are requested.
FatBTC Special Features
► Bonus Giveaways
To attract more traders to the platform, FatBTC is constantly offering bonuses and gifts to their traders. When promoting the introduction of Newifi Gold, for example, the exchange promised to giveaway a Tesla electric car, a tour, Apple devices, and bonuses to the top 10 traders.
► Live Announcements
The trading platform has an announcement tab on the left corner where news and important information is regularly updated. On top of that, there is a live chatbox where you can ask for assistance 24/7.
► Customer Support
The exchange has three main ways mode of communication with traders:
► A live chatbox.
► A ticket system where traders can submit their messages.
► Social media on Telegram, email, and Twitter.
So far, there have been no significant complaints about the exchange's customer support. If anything, most traders appreciate the exchange’s quick customer care.
How to use FatBTC?
The trading platform has a fairly easy user interface. You can access any of the services on FatBTC by following these steps:
Step 1: Create an Account
As already mentioned, creating an account on the exchange only requires a genuine email address. Through the email address, the exchange provides a verification code which helps you create an account. Verification to log in on the exchange is your email address and a password.
Step 2: Fund your Account
Except for Chinese traders who can fund their accounts using the local currency, most traders will have to fund their accounts using Bitcoins or Ethereum.FatBTC provides a deposit address unique to each cryptocurrency. Fund your account with a minimum of 0.05Bitcoins, and you can begin trading on the exchange.
Step 3: Trade
This exchange is a little bit unique. The website separates trading into four:
► Bitcoin Market
► Ethereum Market
► Fatcoin Market
Step 4: Withdraw Funds
As already mentioned, the minimum coin withdrawal amount is an equivalent of 0.05 Bitcoins. There is a fixed withdrawal fee of 0.005 Bitcoins. The Deposit and Withdrawal tab can be accessed on the far right corner of your screen. When depositing coins, you lock them with a unique password that you also use when withdrawing them.
In a Nutshell
FatBTC is fast-growing, thanks to a user-friendly, responsive website and good customer support It’s fast-growing, thanks to a user-friendly, responsive website and good customer support.
Thank you for reading the FatBTC review above!
submitted by PuzzleheadedPut to fatbtc [link] [comments]

Rating for FatBTC

Trust 9.6/10
FatBTC exchange has a great reputation online although the community is still growing.
Fees 9.8/10
The exchange’s 0.2% trading fee is attractive and below average.
Customer Support 9.2/10
The exchange answers to inquiries fast and professionally.
Ease of Use 9.5/10
It is easy to trade on FatBTC with the exchange's currencies.
Overall rating:
The true user experience of FatBTC will be evaluated as the community grows. Its liquidity grows high, making it easy for traders to feel attracted to the exchange.
Is FatBTC reliable? - Full Exchange Review
Quick inner navigation:
  1. What is FatBTC?
  2. FatBTC Fees
  3. FatBTC Verification
  4. Special Features
  5. How to use FatBTC?
Although there are over a dozen cryptocurrency exchanges with high reviews, traders are always looking for new trading platforms to experiment with. Coinmarketcap.com lists 212 exchanges, some with 24 hours trading volumes of more than $700000. FatBTC, a global exchange, ranks 22th with a daily trading volume of $17 million. The biggest exchange based on daily trading volume is BitMex, an exchange most notable for trading Bitcoins against US dollars. The largest cryptocurrency to cryptocurrency exchange is Binance, with a 24-hour trading volume of $1.84 billion. Bitfinex comes in third and popular US-based exchange, GDAX, ranks eighth.
FatBTC ranks at number 8, has gained a lot of popularity since December 2017. The company claims to now have more than 100,000 daily traders. The following FatBTC exchange review explores all the important aspects of the trading platform.
What is FatBTC?
Launched in 2014, FatBTC targeted global traders. The official language on the website is now available in multiple languages, such as English, Chinese(Trading), Chinese (Simplified), Portuguese, Spanish,Russian and etc. It lists more than 100 cryptocurrencies, both popular and less popular cryptocurrencies. The exchange offers four main services:
► Purchase of Bitcoins can use USD, EUR, VND through bank transfer
► An online cryptocurrency wallet
► Purchase and selling of cryptocurrencies
► Speculative investment exchange, Fatcoin
The platform has been open and welcoming to traders from all parts of the world.
There are currently no limits to buying or selling any of the cryptocurrencies listed on the exchange. The average daily trading volume for Ethereum against Bitcoins, for example, is $36,800. With such a trading volume, an investor who purchases ether coins worth $10,000 and above will have trouble buying or selling the coins.
Buying Payment Method
As a market, FatBTC facilitates buying of the following cryptocurrencies using USD, EUR, VND via bank transfer: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Ripple, DogeCoin, EOS, Dent, Dragon Coin, Kin Coin.
If you live outside China, you can fund your account using Bitcoins or Ethereum coins. You also have the option to add funds using popular altcoins Like Bitcoin Cash and Ripple.
Selling Payment Methods
FatBTC pairs most cryptocurrencies with Bitcoin, Ethereum.You can sell any cryptocurrencies, or receive Bitcoins or ether coins. According to the website’s daily trading volume, most traders sell their cryptocurrencies in either Bitcoins.
Available Cryptocurrencies
At the time of writing, FatBTC Lists 24 cryptocurrencies. Most of the coins on the exchange contribute Less than 5% of daily trading volumes. In fact, Bitcoin, Ethereum and Bitcoin Cash contribute 84% of the exchange’s daily trading volume.63.35% of all trading involves Chinese Yuan and Bitcoins. The top 13 cryptocurrencies contribute less than 1% of daily trading volumes. Bitcoin, Bitcoin Cash, Litecoin, and EOS are the top most popular cryptocurrencies on FatBTC.Less popular but rising cryptocurrencies on the exchange include TRON, Electra, and Dogecoin.
FatBTC Fees
With fixed 0.2% trading fees, the FatBTC exchange has Lower fees than most exchanges. FatBTC exchange has lower fees than most exchanges. The average trading fee is 0.25%, with a few exchanges offering up to 1%. Here is how FatBTC fares regarding fees compared to popular cryptocurrency exchanges. Some exchanges charge a maker versus taker fee, whereby sellers, who provide Liquidity to the coin, are makers. Takers are traders buying the coins. Some exchanges charge a fixed trading fee irrespective of whether you are buying or selling a cryptocurrency.
Exchange Maker Taker Fixed fee
GDAX 0% 0.25%
Bitfinex 0.1% 0.2%
HitBTC 0.1%
Binance 0.1%
Poloniex 0.15% 0.25%
Kraken 0.16% 0.26%
As you can see above, only Binance and HitBTC beat FatBTC in fees. However, FatBTC does not charge deposit fees, while some exchanges that purport to charge low or no trading fees do. The exchange does, however, charge a slightly high withdrawal fee of 0.5% Bitcoins.
FatBTC Verification
Creating an account on the trading platform is fast and easy. To register, the exchange asks for your email address where they send a verification code. Once you enter the code, you can create a password and log in immediately. No additional details are requested.
FatBTC Special Features
► Bonus Giveaways
To attract more traders to the platform, FatBTC is constantly offering bonuses and gifts to their traders. When promoting the introduction of Newifi Gold, for example, the exchange promised to giveaway a Tesla electric car, a tour, Apple devices, and bonuses to the top 10 traders.
► Live Announcements
The trading platform has an announcement tab on the left corner where news and important information is regularly updated. On top of that, there is a live chatbox where you can ask for assistance 24/7.
► Customer Support
The exchange has three main ways mode of communication with traders:
► A live chatbox.
► A ticket system where traders can submit their messages.
► Social media on Telegram, email, and Twitter.
So far, there have been no significant complaints about the exchange's customer support. If anything, most traders appreciate the exchange’s quick customer care.
How to use FatBTC?
The trading platform has a fairly easy user interface. You can access any of the services on FatBTC by following these steps:
Step 1: Create an Account
As already mentioned, creating an account on the exchange only requires a genuine email address. Through the email address, the exchange provides a verification code which helps you create an account. Verification to log in on the exchange is your email address and a password.
Step 2: Fund your Account
Except for Chinese traders who can fund their accounts using the local currency, most traders will have to fund their accounts using Bitcoins or Ethereum.FatBTC provides a deposit address unique to each cryptocurrency. Fund your account with a minimum of 0.05Bitcoins, and you can begin trading on the exchange.
Step 3: Trade
This exchange is a little bit unique. The website separates trading into four:
► Bitcoin Market
► Ethereum Market
► Fatcoin Market
Step 4: Withdraw Funds
As already mentioned, the minimum coin withdrawal amount is an equivalent of 0.05 Bitcoins. There is a fixed withdrawal fee of 0.005 Bitcoins. The Deposit and Withdrawal tab can be accessed on the far right corner of your screen. When depositing coins, you lock them with a unique password that you also use when withdrawing them.
In a Nutshell
FatBTC is fast-growing, thanks to a user-friendly, responsive website and good customer support It’s fast-growing, thanks to a user-friendly, responsive website and good customer support.
Thank you for reading our FatBTC review above. Hopefully, it will help you make an informed decision of whether to trade on the platform or not.
submitted by ContentWitness to Investmentcoin [link] [comments]

Rating for FatBTC

Trust 9.6/10
FatBTC exchange has a great reputation online although the community is still growing.
Fees 9.8/10
The exchange’s 0.2% trading fee is attractive and below average.
Customer Support 9.2/10
The exchange answers to inquiries fast and professionally.
Ease of Use 9.5/10
It is easy to trade on FatBTC with the exchange's currencies.
Overall rating:
The true user experience of FatBTC will be evaluated as the community grows. Its liquidity grows high, making it easy for traders to feel attracted to the exchange.
Is FatBTC reliable? - Full Exchange Review
Quick inner navigation:
  1. What is FatBTC?
  2. FatBTC Fees
  3. FatBTC Verification
  4. Special Features
  5. How to use FatBTC?
Although there are over a dozen cryptocurrency exchanges with high reviews, traders are always looking for new trading platforms to experiment with. Coinmarketcap.com lists 212 exchanges, some with 24 hours trading volumes of more than $700000. FatBTC, a global exchange, ranks 22th with a daily trading volume of $17 million. The biggest exchange based on daily trading volume is BitMex, an exchange most notable for trading Bitcoins against US dollars. The largest cryptocurrency to cryptocurrency exchange is Binance, with a 24-hour trading volume of $1.84 billion. Bitfinex comes in third and popular US-based exchange, GDAX, ranks eighth.
FatBTC ranks at number 8, has gained a lot of popularity since December 2017. The company claims to now have more than 100,000 daily traders. The following FatBTC exchange review explores all the important aspects of the trading platform.
What is FatBTC?
Launched in 2014, FatBTC targeted global traders. The official language on the website is now available in multiple languages, such as English, Chinese(Trading), Chinese (Simplified), Portuguese, Spanish,Russian and etc. It lists more than 100 cryptocurrencies, both popular and less popular cryptocurrencies. The exchange offers four main services:
► Purchase of Bitcoins can use USD, EUR, VND through bank transfer
► An online cryptocurrency wallet
► Purchase and selling of cryptocurrencies
► Speculative investment exchange, Fatcoin
The platform has been open and welcoming to traders from all parts of the world.
There are currently no limits to buying or selling any of the cryptocurrencies listed on the exchange. The average daily trading volume for Ethereum against Bitcoins, for example, is $36,800. With such a trading volume, an investor who purchases ether coins worth $10,000 and above will have trouble buying or selling the coins.
Buying Payment Method
As a market, FatBTC facilitates buying of the following cryptocurrencies using USD, EUR, VND via bank transfer: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Ripple, DogeCoin, EOS, Dent, Dragon Coin, Kin Coin.
If you live outside China, you can fund your account using Bitcoins or Ethereum coins. You also have the option to add funds using popular altcoins Like Bitcoin Cash and Ripple.
Selling Payment Methods
FatBTC pairs most cryptocurrencies with Bitcoin, Ethereum. You can sell any cryptocurrencies, or receive Bitcoins or ether coins. According to the website’s daily trading volume, most traders sell their cryptocurrencies in either Bitcoins.
Available Cryptocurrencies
At the time of writing, FatBTC Lists 24 cryptocurrencies. Most of the coins on the exchange contribute Less than 5% of daily trading volumes. In fact, Bitcoin, Ethereum and Bitcoin Cash contribute 84% of the exchange’s daily trading volume.63.35% of all trading involves Chinese Yuan and Bitcoins. The top 13 cryptocurrencies contribute less than 1% of daily trading volumes. Bitcoin, Bitcoin Cash, Litecoin, and EOS are the top most popular cryptocurrencies on FatBTC.Less popular but rising cryptocurrencies on the exchange include TRON, Electra, and Dogecoin.
FatBTC Fees
With fixed 0.2% trading fees, the FatBTC exchange has Lower fees than most exchanges. FatBTC exchange has lower fees than most exchanges. The average trading fee is 0.25%, with a few exchanges offering up to 1%. Here is how FatBTC fares regarding fees compared to popular cryptocurrency exchanges. Some exchanges charge a maker versus taker fee, whereby sellers, who provide Liquidity to the coin, are makers. Takers are traders buying the coins. Some exchanges charge a fixed trading fee irrespective of whether you are buying or selling a cryptocurrency.
Exchange Maker Taker Fixed fee
GDAX 0% 0.25%
Bitfinex 0.1% 0.2%
HitBTC 0.1%
Binance 0.1%
Poloniex 0.15% 0.25%
Kraken 0.16% 0.26%
As you can see above, only Binance and HitBTC beat FatBTC in fees. However, FatBTC does not charge deposit fees, while some exchanges that purport to charge low or no trading fees do. The exchange does, however, charge a slightly high withdrawal fee of 0.5% Bitcoins.
FatBTC Verification
Creating an account on the trading platform is fast and easy. To register, the exchange asks for your email address where they send a verification code. Once you enter the code, you can create a password and log in immediately. No additional details are requested.
FatBTC Special Features
► Bonus Giveaways
To attract more traders to the platform, FatBTC is constantly offering bonuses and gifts to their traders. When promoting the introduction of Newifi Gold, for example, the exchange promised to giveaway a Tesla electric car, a tour, Apple devices, and bonuses to the top 10 traders.
► Live Announcements
The trading platform has an announcement tab on the left corner where news and important information is regularly updated. On top of that, there is a live chatbox where you can ask for assistance 24/7.
► Customer Support
The exchange has three main ways mode of communication with traders:
► A live chatbox.
► A ticket system where traders can submit their messages.
► Social media on Telegram, email, and Twitter.
So far, there have been no significant complaints about the exchange's customer support. If anything, most traders appreciate the exchange’s quick customer care.
How to use FatBTC?
The trading platform has a fairly easy user interface. You can access any of the services on FatBTC by following these steps:
Step 1: Create an Account
As already mentioned, creating an account on the exchange only requires a genuine email address. Through the email address, the exchange provides a verification code which helps you create an account. Verification to log in on the exchange is your email address and a password.
Step 2: Fund your Account
Except for Chinese traders who can fund their accounts using the local currency, most traders will have to fund their accounts using Bitcoins or Ethereum.FatBTC provides a deposit address unique to each cryptocurrency. Fund your account with a minimum of 0.05Bitcoins, and you can begin trading on the exchange.
Step 3: Trade
This exchange is a little bit unique. The website separates trading into four:
► Bitcoin Market
► ETH Market
► FatCoin Market
Step 4: Withdraw Funds
As already mentioned, the minimum coin withdrawal amount is an equivalent of 0.05 Bitcoins. There is a fixed withdrawal fee of 0.005 Bitcoins. The Deposit and Withdrawal tab can be accessed on the far right corner of your screen. When depositing coins, you lock them with a unique password that you also use when withdrawing them.
In a Nutshell
FatBTC is fast-growing, thanks to a user-friendly, responsive website and good customer support It’s fast-growing, thanks to a user-friendly, responsive website and good customer support.
Thank you for reading our the FatBTC review above. Hopefully, it will help you make an informed decision of whether to trade on the platform or not.
submitted by Timely-Avocado to investmenttoken [link] [comments]

Slack log for Ark token's value proposition discussion 16-07-18

Please find below a log of the discussion we had in slack regarding the ark token's value proposition. Some of the community members who happen to be long term holders of ark feel that the ark token's value proposition isn't clearly communicated by the team so they asked about it. I'm posting the entire discussion it here to make a permanent record since slack wipes messages after a while.
--------------------------------------------------------------------------------------------
arigard [7:21 PM]
Hey team, so I'm curious. Is there any update on a new white paper at all that was being mentioned? I've been holding Ark since it hit Bittrex and I personally don't really have a clear idea about how the token is going to work in the overall picture, or what really the direction is for the project once v2 is out. It feels like things have gone a bit flat recently, are there any updates on direction and what the plan is once V2 is live? Is there any idea about when it might go live? Or how the Ark token will fit into the economy (will it be a gas?). I see a lot of other projects i'm invested in coming up with very clear roadmaps/dates and direction about what they want to be and I still personally feel Ark's message is a little confused and hard to read especially for people who are not coders/developers.
rob [ Ark Labs ] [7:22 PM]
the roadmap is on the site, arkdirectory.com/kits has nice presentations and other goodies
roks0n (deadlock) [7:23 PM]
@Matthew_DC mentioned a couple of days ago that he’s preparing several blog posts which should explain most of these @arigard
rob [ Ark Labs ] [7:23 PM]
the Blog also goes into lots of v2 details
Djenny Floro (Ark Tribe) [7:24 PM]
Hi everyone.
rob [ Ark Labs ] [7:24 PM]
Ark is Ark, not like Eth with gas, hence no gas.
Hey @Djenny Floro (Ark Tribe) welcome back
Djenny Floro (Ark Tribe) [7:24 PM]
Hey rob, hi Rok :slightly_smiling_face:
roks0n (deadlock) [7:25 PM]
Rob, I think he means how everything will be connected with ArkVM etc.
similar conversation as the one few days ago (edited)
Djenny Floro (Ark Tribe) [7:25 PM]
It's been a while, but I was head on in the project, sorry for not showing more often.
arigard [7:25 PM]
Yeah my main question is really I still don't know what will give the actual Ark token value .
goldenpepe [7:25 PM]
we dont know how the arkvm will work
All we can do is wait
Doubled1c3 (ArkStickers.com) [7:26 PM]
uploaded and commented on this image: bucket.jpg
@Djenny Floro (Ark Tribe)
goldenpepe [7:26 PM]
We can make assumptions but that's all they'll be
roks0n (deadlock) [7:26 PM]
@arigard this was the discussion: https://arkecosystem.slack.com/archives/C2ABRLZB8/p1531422791000216
roks0n (deadlock)
definitely, I’m not blaming anyone :slightly_smiling_face: Was just curious if there were any developments in terms of the updated whitepaper because I was reading one of the threads on reddit from 6 months ago where it was mentioned you’re looking to hire someone write it up.
Posted in #generalJul 12th
arigard [7:26 PM]
And I kind of feel this is such a big elephant in the room for people in the long run.
roks0n (deadlock) [7:26 PM]
click on the link and read from that post on (edited)
arigard [7:26 PM]
ok
Djenny Floro (Ark Tribe) [7:27 PM]
I saw that there has been some drawbacks with the V2 ?
(Not sure if it's exact, I only came a few times and seemed to understand it was so)
goldenpepe [7:28 PM]
There are just some incompatibilities between v1 and v2 in devnet
which is why devnet is currently down
rob [ Ark Labs ] [7:28 PM]
ArkVM may be unnecessary as more modern approaches to handling contracts are available, one of the main issue is having them be distributed just like the tokens.
goldenpepe [7:28 PM]
There's a community run v2-only devnet though #devnet_unofficial
rob [ Ark Labs ] [7:28 PM]
it's more like drawback with v1
arigard [7:30 PM]
I mean I've seen a lot of stuff in that discussion discussed over the past year and there still seems to be no concrete answers coming out and that is a bit of worry to me personally. It makes it look like the team doesn't even know. I think most that know of Ark understand it wants to create an easy way to deploy blockchains and work as a platform and have some inoperability options. But the fundamentals of how that work right now seems to be up in the air. In other projects I know what gives those tokens value, but in Ark I don't, so it's hard for me as an investor to really sell to someone else the benefits of the token when there is a big question mark still on it.
rob [ Ark Labs ] [7:33 PM]
do you know that Ark Deployer has been available for quite some time?
arigard [7:34 PM]
Yes, that doesn't really answer any questions though.
mak [7:34 PM]
Ark deployer helps the main chain's business case somehow?
arigard [7:35 PM]
What gives Ark token actual value? Like what is the reason people need to buy and hold the Ark token? That is my question.
Djenny Floro (Ark Tribe) [7:36 PM]
@mak what you're saying is kinda like answering you can use a hammer when asked what a nail do.
arigard [7:36 PM]
You don't need to buy the Ark token to deploy a chain. You can just do it.
Djenny Floro (Ark Tribe) [7:36 PM]
I mean, the Ark Deployer doesn't answer what's the Ark.
mak [7:36 PM]
@Djenny Floro (Ark Tribe) my point was directed towards rob's comment. I think you misunderstood it.
Djenny Floro (Ark Tribe) [7:37 PM]
@mak My bad then. I apologize.
Blockhunter [7:38 PM]
:boogieark9:
rob [ Ark Labs ] [7:38 PM]
" I think most that know of Ark understand it wants to create an easy way to deploy blockchains and work as a platform and have some inoperability options. But the fundamentals of how that work right now seems to be up in the air."
This is why I wrote that.. there is no mystery of how that works. You are mistaken or uninformed.
arkenstone [7:38 PM]
That's the problem here because team is programming orientated but there hasn't been alot done on business aspect of the token and marketing investor point big view
mak [7:38 PM]
That only explains the value of the ark codebase not the blockchain though
arigard [7:38 PM]
I think you seem to be trying to turn the argument in a seperate direction.
It's a simple question.
What gives the Ark token value.
rob [ Ark Labs ] [7:39 PM]
The market does. It's on 19 different exchanges.
arigard [7:39 PM]
Seems like you are being unhelpfully obtuse. I'll rephrase.
roks0n (deadlock) [7:39 PM]
so one thing that is clear to me is interoperability using ACES, where ARK is used as a “middleman” between two different chains, so if there’s high volume between those chains, it means the volume of ark increases as well .. what I’d like to know is how things will work with arkvm and how it will all work with sidechains (on eth, all the side chains will basically link back to the main chain which will be the one responsible for security afaik?)
arigard [7:39 PM]
What gives the Ark token value in the Ark ecosystem.
Blockhunter [7:40 PM]
Vote for Pedro he will make all your dreams come true
arigard [7:40 PM]
Eth is a gas, Waves is a gas. Ark is... what?
mak [7:40 PM]
ACES can work with any chains though. Doesn't have to be ark main chain. So I guess tomorrow persona can become the settlement layer for the Ark ecosystem and there's no incentive to stop it from happening.
arigard [7:40 PM]
^
roks0n (deadlock) [7:41 PM]
Mak, correct but if there are already lots of chains connected between ARK, it will be more appealing to link it through ARK directly
Djenny Floro (Ark Tribe) [7:41 PM]
As I understand it, ACES could be using any given blockchain as the middle man...
roks0n (deadlock) [7:41 PM]
it doesn’t mean that it can’t be copied tho
arigard [7:41 PM]
But there are no chains connected through Ark atm
That have any real value anyway
roks0n (deadlock) [7:41 PM]
eth and btc are
arigard [7:41 PM]
And they can be connected through any Ark clone.
bangomatic [7:41 PM]
I'd love to hear the Ark team chime in on this discussion
arigard [7:42 PM]
So anyone can come along and make another chain that can instantly overtake Ark at this present time if there isn't a failsafe reason for Ark to be the defacto currency.
rob [ Ark Labs ] [7:42 PM]
https://arkecosystem.slack.com/archives/C2ABRLZB8/p1531762883000422 you can't keep saying things like this as if they are true.
arigard
That have any real value anyway
Posted in #generalToday at 7:41 PM
Blockhunter [7:42 PM]
Interoperability to the moon
mak [7:42 PM]
"it will be more appealing to link it through ARK directly"
Currently Ark is the only mature chain because it's been around longer but the moment persona or some other bridge chain gets listed on an exchange that dynamic is no longer there. So why would you prefer Ark over persona when that happens. That's the question as far as I understand it. (edited)
rob [ Ark Labs ] [7:43 PM]
Persona has other goals, not duplicating Ark goals
Djenny Floro (Ark Tribe) [7:43 PM]
@bangomatic Hi!
arigard [7:43 PM]
What current sidechain of Ark has real value/position in the crypto market? Persona?
bangomatic [7:43 PM]
hey @Djenny Floro (Ark Tribe)!
mak [7:43 PM]
The blockchain as a transaction medium doesn't care about secondary goals.
It still has all the capabilities that Ark has.
Colby [7:43 PM]
What has value right now? :thinking_face:
rob [ Ark Labs ]
https://arkecosystem.slack.com/archives/C2ABRLZB8/p1531762883000422 you can't keep saying things like this as if they are true.
https://arkecosystem.slack.com/archives/C2ABRLZB8/p1531762883000422
Posted in #generalToday at 7:42 PM
arigard [7:43 PM]
Ark's ecosystem at present is not big enough to be a reason not to just take the tech and start your own.
To think otherwise is ludicrous.
rob [ Ark Labs ] [7:44 PM]
that's a fine opinion
Jarunik [7:44 PM]
it is harder than you think :slightly_smiling_face:
arigard [7:44 PM]
We aren't Eth with multi $100mn + start ups and even if we were, what's currently to stop one of those just overtaking Ark and leaving it behind?
Jarunik [7:45 PM]
i hope some ark clones get really sucessful to be honest :slightly_smiling_face:
Colby [7:45 PM]
Same here!
Jarunik
i hope some ark clones get really sucessful to be honest :slightly_smiling_face:
Posted in #generalToday at 7:45 PM
Blockhunter [7:45 PM]
HODL ROCKET TECHNOLOGY
mak [7:45 PM]
Same here but then there's no reason to hold Ark over something else
arigard [7:45 PM]
i hope so too if there is some reason for Ark to always be there at the top considering it's the Ark platform.
Colby [7:45 PM]
But the thing is that I am wondering, if ark clones get successful, what benefits does it give back to ark
Djenny Floro (Ark Tribe) [7:45 PM]
@Jarunik to create an ecosystem?
mak [7:45 PM]
Right now we have to consider Ark's value not the other bridge chains
arigard [7:45 PM]
But if there isn't a reason for Ark to exist at the top, why are we all holding it?
Colby [7:45 PM]
Haha I think we are all thinking the same :slightly_smiling_face:
arigard [7:45 PM]
It's a terrible business plan
rob [ Ark Labs ] [7:46 PM]
the point of BridgeChains is to allow new projects with no access the market a path to them through Ark, and hence gain value.
Other blockchains connections are through ACES, such as BTC, LTC, ETH, and more coming..
Persona has a way to trade Ark <> Prs
arigard [7:47 PM]
What is to stop them from getting their own exchanges in the future and just using Ark as a stepping stone to becoming their own platform operator?
mak [7:47 PM]
Sure rob, but there's now 10 different projects doing the same and they are faster in development than the ark team is
arigard [7:47 PM]
^
Blockhunter [7:47 PM]
Ark is the Yoda of blockchain and they need a better catchphrase. Better than ark gives no dates or point click blockchain
arigard [7:48 PM]
This attitude seems horribly naive if this is the value proposition.
mak [7:48 PM]
All of us believe in the vision that Ark brought us but I personally am not sure if Ark is the best option to execute that vision in time
arigard [7:48 PM]
The issue is, we don't know what the value proposition is.
mak [7:48 PM]
Other projects seem much faster
rob [ Ark Labs ] [7:48 PM]
if you are into speculation, which it seems you are, then on paper all of your projects with no code are better and have more value than Ark
arigard [7:48 PM]
That's not true at all. lol.
Matthew_DC [7:49 PM]
At the most base level, ARK is a common currency token that is essentially automatically compatible with every bridge chain that is built based on ARK and is optimized for transaction volume and throughput to avoid bloat of other mechanisms introduced by the other chains. That is at the most basic level. By holding the ARK token itself, you will be able to enact the functions of multiple bridged chains both issued by our team and others. You will also be able to utilize the ARK chain as a pegged token to many bridged chains but that process will be transparent to users as it will be done behind the scenes without the user needing to do any functions. To think that someone will fork the code and generate a more effective ARK main chain means you have no confidence in the ARK team as the primary developer of the technology itself. In this case, if we are not and someone pushes a better version of the network, then I would argue maybe they SHOULD be chosen. That is the point of a free and open market. Not to mention the potential for registering and providing snapshot hashes to the main ARK blockchain to provide added security measures to a bridge chain with lower security due to lower market share etc, those are just baseline reasons.
As I mentioned the other day, at face value, consider this. What brings value to Litecoin or Bitcoin or Doge? In essence, ARK is a more effective currency and base network than all of these aforementioned networks with all of the added benefits being added for additional use cases.
roks0n (deadlock) [7:50 PM]
will ark based chains be bridged via arkvm?
goldenpepe [7:50 PM]
They cant be
You'd need the VM on both sides
Matthew_DC [7:50 PM]
I am currently on a conference call and have a lot going on so I can't respond too much.
goldenpepe [7:50 PM]
You can use AIP11's new tx types to do a sort of escrow between chains though i think
mak [7:50 PM]
@Matthew_DC Are you saying that the bridgechains deployed by ark-deployer don't have the same features?
rob [ Ark Labs ] [7:50 PM]
ArkVM is not for bridging chains
goldenpepe [7:51 PM]
It can be
Coinme [7:51 PM]
And ICO's that will join Ark in the future will use it for buying their token.
goldenpepe [7:51 PM]
But both chains will need to be running the VM
Matthew_DC [7:51 PM]
The ARK main chain will have specific methods of allowing token transfer and utilization between chains to include quasi-centralized methods through aces, decentralized aces based intermediary networks, Time locked transfers, among custom built smart contract like logic built into the core technology itself that doesn't make the network susceptible to the bloat and mis-utilization an vulnerabilities of full VM use.
goldenpepe [7:51 PM]
(which the main ark chain wont be)
mak [7:51 PM]
"ICO's that will join Ark in the future will use it for buying their token"
Or any other bridgechain that's listed on exchanges
@Matthew_DC So will all of the bridgechains, no? I could start an ACES node today for persona and it will have no difference from what you describe.
Matthew_DC [7:52 PM]
@mak no, we promised ARK would be open source and everything we build for the core ARK blockchain will be open source.
arigard [7:53 PM]
You can be open source and still protect your value..
Matthew_DC [7:54 PM]
The point of ARK from day 1 has been to create a better base layer blockchain technology and protocol for everyone everywhere to be able to use to create anything they can dream up.
The ARK token is a core payment layer for the ecosystem including any applications we build ourselves, sponsor, partner with, or support.
mak [7:54 PM]
It seems like the team's vision for Ark is as a software product only and there's no business plan for the main chain. Which is fine but it's not explained as such. (edited)
Blockhunter [7:55 PM]
Great to see such active discussions
goldenpepe [7:55 PM]
I think what Matt is trying to portray is this:
A single universal Ark Ecosystem wallet holding ARK that has a nice UI with a list of dapps in the ecosystem
You select a dapp
You send a tx from the wallet using Ark
----------------Everything below this line is transparent to the user-----------------
The Ark transaction has instructions in the smartbridge field
The Ark gets converted to dappCoin via an intermediary like ACES (trustful) or a trustless escrow smart contract
The intermediary received Ark and uses the dappCoin on the dapp chain to do whatever it is the user wanted to do using the instructions in the smartbridge field
The dappchain responds to the request to the intermediary
Intermediary sends an Ark tx with the results of the dapp computation/action in the smartbridge field
---------------Everything above this line is transparent to the user-------------------
After 8+ seconds, user's wallet shows them the result of their interaction with the dapp bridgechain
That's where the value of Ark will come from
The Ark coin will be a universal "omni-coin"
Matthew_DC [7:56 PM]
:this: This
goldenpepe [7:56 PM]
That will instantly shapeshift into bridgechain coins to interact with the bridgechain dapp
mak [7:58 PM]
I understand what your point is and I agree it will work but only as long as none of the bridge chains are on an exchange
when for example persona gets listed on binance the scenario changes
and now either chain can become the backbone of the ark ecosystem
arigard [7:58 PM]
Yes. We see that. But hypothetically what is to stop a bridged Ark chain from becoming bigger than Ark and then going on to become that gateway? At this point it just seems to be hopium that the Ark network will always be the one people look to. But in one year, or two, or five, it might not be the case. What is to stop Ark being just sidelined if another team come along with develop on what Ark has built and propel it forward and take the mantle?
goldenpepe [7:58 PM]
What you say will be a problem only if the utility of the dapp coin is greater than the utility of the ark omnicoin
Would you rather hold a coin that can do one thing and is forever tied to a single chain
arigard [7:59 PM]
But in other crypto's an app becoming sucessfull is a benefit. In Ark's network it could be a negative.
goldenpepe [7:59 PM]
Or would you rather hold a coin that can interact with that single chain and 3232523432 others
arigard [7:59 PM]
But why can't another coin become an omnicoin?
If there are no limitations against it
goldenpepe [7:59 PM]
Why can't another coin become ethereum?
mak [7:59 PM]
"What you say will be a problem only if the utility of the dapp coin is greater than the utility of the ark omnicoin"
Or if it gives out better staking returns etc like persona because of higher inflation rate
goldenpepe [7:59 PM]
if there are no limitations against it
You can literally go on AWS right now and deploy an ethereum clone chain
arigard [7:59 PM]
It can, but an ETH token can't oust ETH
That's the difference. We are giving people an easy route here.
rob [ Ark Labs ] [7:59 PM]
do you often think your children should not surpass you? Or is that the hope?
Matthew_DC [8:00 PM]
Well it's about security, trust, potential vulnerabilities due to added functionality, the ability of the bridgechain team to create interactions and focus on use cases for their token outside of their core use, etc.
But that's the point of open and free markets
goldenpepe [8:00 PM]
There is a solution to your concern @arigard
Matthew_DC [8:00 PM]
What is to stop someone from being better than Bitcoin?
arigard [8:01 PM]
I think all these strawman arguments are fun, but they still aren't adressing the issuel
goldenpepe [8:01 PM]
Instead of having Ark Deployer literally cloning the ark codebase, have it be a turnkey solution to run a layer 2 chain
Matthew_DC [8:01 PM]
You could go fork Ethereum right now and have an exact copy of the capability of the main Eth chain.
goldenpepe [8:01 PM]
bridgechain dapps can be "colored coins"
that are forever tied to the main chain
arigard [8:01 PM]
Yeah but you wouldn't have those businesses on the chain.
goldenpepe [8:01 PM]
but that would introduce bloat
Matthew_DC [8:01 PM]
So you are saying the utility of Ethereum is adoption.
arigard [8:01 PM]
And those businesses won't have the potential to become the main ETH.
Matthew_DC [8:01 PM]
Which is the case for the value of any token.
goldenpepe [8:01 PM]
@arigard It sounds like you want ark to become Ethereum Plasma
arigard [8:02 PM]
I just want an answer.
Matthew_DC [8:02 PM]
How many companies are pulling their ERC20 tokens off of Ethereum because of the issues?
Colby [8:02 PM]
Yeah but correct me if im wrong
goldenpepe [8:02 PM]
There is no answer that will satisfy what you are asking
arigard [8:02 PM]
And i keep getting strawmanned.
Colby [8:02 PM]
Ethereum projects NEED eth for gas
Matthew_DC [8:02 PM]
We talk to people almost every day that are looking to leave Ethereum.
Colby [8:02 PM]
Ark is needed for?
arigard [8:02 PM]
^
Colby [8:02 PM]
This is all I am wondering, where does the ark coin fit into it
I love the idea
goldenpepe [8:02 PM]
@arigard You want ark-based coins to rely on Ark
The team wants the Ark chain to not be bloated
The solution to this is unironically ethereum plasma and sharding
Colby [8:02 PM]
but have been waiting for a while to know how the Ark coin will actually be used
goldenpepe [8:03 PM]
Shards in ethereum are basically "bridgechains"
arigard [8:03 PM]
Ok, and those teams might be big enough and clued up enough to eventually knock Ark from being the de facto omni coin. That's the worry.
If this is in fact the possibility.
Then it should be clear.
mak [8:03 PM]
"You could go fork Ethereum right now and have an exact copy of the capability of the main Eth chain."
@Matthew_DC Ethereum has value because all the dapps live on it which is not true for ark
arigard [8:03 PM]
Because as an investor it worries me, a lot.
I don't know where the value of Ark as an investment is 100% right now.
Jarunik [8:03 PM]
Ark is basically the inverse approach to Ethereum. Eth goes for big one-fits all first and tries to shard ... Ark is creating shards and then combines them
goldenpepe [8:03 PM]
There is no solution to what @arigard and @mak are saying right now
Literally no existing solution
Only proposals like sharding
arigard [8:04 PM]
And all this noise about defensiveness doesn't help. These are legit concerns.
Matthew_DC [8:04 PM]
When was it not clear that if a company comes along and builds a better more used product it could potentially take over market share?
That's how all free markets work.
You can't believe in open source and build and open source product without that risk.
arigard [8:04 PM]
But that isn't the same thing. Ark is literally building THE tools for people to then do that.
mak [8:04 PM]
@Matthew_DC Just to clarify I appreciate the work you guys are doing but I want to make an informed investment decision about holding the ark token
arigard [8:04 PM]
As a platform.
Jarunik [8:04 PM]
yes ... that is the idea how to grow
arigard [8:04 PM]
if you cloned Bitcoin back in the day you were a seperate currency.
Jarunik [8:04 PM]
provide good tools for others to create chains
arigard [8:04 PM]
This is a platform, its totally different.
And what we are discuswsing here is who runs that platform.
Matthew_DC [8:05 PM]
If someone launched an Ethereum chain right now and gained adoption there is a huge potential that all tokens decide to move their ERC20 tokens to the new chain and it becomes the new Ethereum and you have in essence lost all value because Ethereum is not capable of being used on the bridge chain as a currency.
ARK maintains it's value if for no other reason than the pegged value to any chain we personally create to include VM chain, token issuance chain, etc.
arigard [8:05 PM]
If it's built by Ark, does Ark always retain control? if not, why? What happens if Ark ends up building tools for a subsidary project that propels itself above them. Investors will just move to that coin.
Matthew_DC [8:05 PM]
Because it's an open decentralized system.
The problem is people don't actually believe in decentralization if it possibly harms their potential for monetary gain.
rob [ Ark Labs ] [8:06 PM]
we hope bridgechains get popular because that also means more for Ark in many ways.
arigard [8:06 PM]
You can be decentralized without being 100% altruistic. It's not mutually exclusive.
mak [8:06 PM]
@goldenpepe Since you guys claim that there's no solution for this how about I present one which @Matthew_DC can decide if it's useful or not. Make delegate voting for the ArkVM happen on the main chain. So anyone who wants to become a delegate for the VM needs to hold money on the main chain.
arigard [8:07 PM]
It just seems people are being dogmatic about this.
And if this isn't about investment. Why have an ICO?
Matthew_DC [8:07 PM]
Ethereum being the core chain for all ERC20 token based businesses centralizes the industry in a massive way. Not only is Ethereum itself centralized in the way it's mining structure was developed, but it also is centralized in that if the Ethereum network is compromised, thousands of companies assets and business are now compromised.
We don't believe that is the future.
mak [8:07 PM]
I'm not saying that this should be done for all sidechains. Just for the VM and it will be a special case.
Matthew_DC [8:07 PM]
We believe in a different business model.
That has been at the core of every description and explanation I have given from day 1.
arigard [8:07 PM]
Ok and that's fine, but my point is this should be made very clear if it's the case.
From the team officially.
goldenpepe [8:07 PM]
@mak now you're strawmanning me
Matthew_DC [8:07 PM]
Where is it not clear?
goldenpepe [8:08 PM]
I was addressing the fact that the idea that bridgechains shouldnt be independent and should be tied to Ark being in conflict with the Ark team's idea that the main chain should not be bloated with dapps
The only plausible solution to that right now
is Ethereum Plasma
Sharding
yokoama (thefoundry Delegate) [8:09 PM]
Sharting
mak [8:09 PM]
"We believe in a different business model."
I respect that. But it changes the ark's value proposition to just being a source of funding to the ark team and a means of speculation.
goldenpepe [8:09 PM]
Shards in ethereum are like bridgechains but the coins are all erc20s that rely on ethereum
Matthew_DC [8:09 PM]
People said ARK's DPoS mechanism would be a failure when we changed the voting structure because they said it wouldn't be secure enough. It has turned out to be massively secure compared to the centralized cartel run solutions of other DPoS chains. This is another fundamental issue where we believe we have a model that will work and will create value and thousands of use cases for the ARK token in a seamless way for the average user.
goldenpepe [8:09 PM]
and the shard blocks dont interfere or bloat up the "main" eth chain
mak [8:09 PM]
@goldenpepe I'm not suggesting deploying dapps on main chain. Just that the voting should take place there so there is always incentive to keep money on the main chain.
Matthew_DC [8:10 PM]
At no point did we say ARK was gas and have constantly made sure to outline the differences between ARK and Ethereum.
I believe the Eth model is flawed.
goldenpepe [8:11 PM]
The current ethereum model is flawed
If sharding works then it's going to solve a lot of its issues
(i dont hold any ethereum btw)
arigard [8:12 PM]
At no point have we actually had an updated white paper discussing this question in detail, clearly. It's not on the website and if it is it's buried somewhere in a blog post. The fact these discussions keep cropping up is proof of this.
nukacolaplease [8:12 PM]
I think we don't understand clearly what makes Ark important after the launch of the sidechains, Ark will be only an "exchange token"? The sidechain doesn't need Ark for operating
goldenpepe [8:12 PM]
+1 on needing a new whitepaper
Matthew_DC [8:12 PM]
replied to a thread:
This is a means of centralization of the network. Instead, by utilizing a form of pegged bridge chains, we can maintain a similar effect without creating centralization and reliance on 1 chain for others to properly function.
arkenstone [8:12 PM]
I think these things should be clearly written in a new WB and officially made public and promoted
goldenpepe [8:12 PM]
A new whitepaper would clear up so much FUD
pieface [8:13 PM]
Yeah I think a new WP is needed for sure
arigard [8:13 PM]
So don't start going "Oh everybody knows this, it's clear" Show me where on the front page of the website it tells you how the token mechanics will work in the ecosystem? It's not good it being on some powerpoint on a google drive, or hidden in comments in the slack.
mak [8:13 PM]
I though there wasn't going to be a new whitepaper.
arigard [8:13 PM]
It needs to be clear to investors how it works, exactly.
goldenpepe [8:13 PM]
I agree with arigard here
I only know what I know because I live on slack
Matthew_DC [8:13 PM]
The solutions are still in development and there are always opportunities to continue to adapt the model, that's why I have these conversations and ask for feedback regularly, but the core fundamental belief of how open and free decentralized markets should work most likely won't change.
arkenstone [8:13 PM]
Same here
goldenpepe [8:14 PM]
The vast majority of ark holders have no idea
they just bought bc of the cool red triangle
arigard [8:14 PM]
Stop playing cute, this is people's money you are asking for. So at least give them the benefit of being honest that there is no inherent business model reason why Ark will be necessary in the future.
And let them make their decisions.
roks0n (deadlock) [8:14 PM]
I agree, it took me months of following discussion on slack and digging around reddit to get information
arigard [8:14 PM]
With proper information.
mak [8:14 PM]
replied to a thread:
It's centralizing value onto one chain but doesn't bottleneck the ecosystem so I don't see anything being wrong with that.
Matthew_DC [8:15 PM]
replied to a thread:
I'm not arguing with you and I made a clear post here within the last 2 days that our website messaging is shit and needs completely redone.
If the ARK network is compromised or the consensus mechanism of the ARK main net is compromised then all subsequent networks reliant on that consensus would be compromised as well.
mad4thrash [8:15 PM]
In my opinion Ark's value come from (in the future) the fact that by holding one coin I can interact with every bridgechain plus any ACES services
Matthew_DC [8:16 PM]
So what I am saying is that we have to be cautious of these kinds of decisions and ensure that we aren't inadvertently creating attack vectors to take down partners, businesses, and other industries using the technology.
I'm sorry guys, I have to go, but I would love to continue this conversation on Reddit or here at a later time.
mak [8:16 PM]
"all subsequent networks reliant on that consensus would be compromised as well"
^ Correction: only the VM chain will be compromised since I'm not advocating that all bridgechains should vote on the main chain.
Matthew_DC [8:19 PM]
In an isolated case, if we can map it out and vet the concept, I'm more than happy to hear it out and have the conversation.
Solowatch [8:19 PM]
So I think we can all agree an updated Whitepaper is due
Matthew_DC [8:20 PM]
This is a community project and we are shaping pieces of it together as we continue to build. We have already made changes based on community feedback on many occasions.
So I would love to see someone post a proposal to reddit or even as an AIP at some point that we could discuss.
Jarunik [8:20 PM]
If you write a white paper it will be outdated soon :smile:
Solowatch [8:21 PM]
Well a V2 whitepaper shouldn’t be outdated soon
I don’t care about a V1 or V1.5 whitepaper lol
I want a whitepaper for V2 that’s clearly explaining all these concerns that the community has
arkenstone [8:22 PM]
:this:
Solowatch [8:23 PM]
I wrote a few questions down that I’ll post in here later today that @rob [ Ark Labs ] asked for. Please add to it if I missed anything once I do.
arkenstone [8:23 PM]
And I think now it's the time do it. Present it with full package on mainet launch.. (edited)
Solowatch [8:23 PM]
Or PM and I’ll add them before posting
mak [8:25 PM]
Anyways thanks for listening and responding @Matthew_DC. Some of us have been trying to discuss this with the ark team but didn't get much feedback until today.
arigard [8:25 PM]
Yeah +1
arkenstone [8:28 PM]
Alot of early investors are getting worried
submitted by moazzam2k to ArkEcosystem [link] [comments]

Cryptocurrency and Blockchain – Industry News – (06.28.19 – 07.05.19)

Total Market Cap, as of 07.05.19 at 12:00pm (PST): U.S. $320,641,857,854 (-5.35%)

Missed last week’s update? Click here

STORY OF THE WEEK

• A Cloudflare outage which occurred at 10:00AM EST caused several cryptocurrency websites to experience downtime. Websites impacted by the outage include: Coinbase, CoinMarketCap, Poloniex and U.S. based exchange itBit.

CRYPTOCURRENCY TRADING SERVICES

Binance announces launch of futures trading platform supporting BTC/USDT contracts with up to 20x leverage.
BitFlyer resumes onboarding for domestic users after halting registrations for over one year.
Binance lists Dogecoin (DOGE), scheduled to go live for trading on July 5th, 2019 at 12:00pm (UTC).

REGULATION

• Cryptocurrency exchange ErisX has obtained a Derivatives Clearing Organization (DCO) licence from the U.S. Commodity Futures Trading Commission (CFTC).
• Members of the U.S. House of Representatives issue a letter to Facebook calling for a moratorium to halt development associated with Libra.
The Financial Conduct Authority (FCA) considers an outright ban on the “sale, marketing and distribution to all retail consumers” of cryptocurrency-based derivatives.

TECHNOLOGY

• A security vulnerability has been found on Monero that could allow a hacker to allegedly send counterfeit XMR to an exchange in exchange for legitimate XMR. The vulnerabilities have since been resolved.
Nestle announces a pilot program that will leverage blockchain to track the supply chain of various products.
Fujitsu unveils a blockchain-powered identity verification system for online payments, providing a framework to rate trustworthiness for online transactions.

INSTITUTIONALIZATION

• Latin America’s largest standalone investment bank, Banco BTG Pactual SA has teamed up with Dalma Capital to sell over U.S. $1 billion worth of security tokens issued on Tezos. The partnership aims to transform real estate into tradable digital contracts live on a blockchain.

PEOPLE

• Former head of XRP institutional Liquidity at Ripple, Catherine Coley has joined Binance.US as its CEO.

TWITTER

@Rhythmtrader – “$124 billion dollars of wealth has been stored on the bitcoin network, and not withdrawn, for an entire year. Over 10.5 million Bitcoin hasn't moved in one year. That's about 60% of all bitcoin. Hodling will turn bank accounts into the landlines of today, nonexistent. 🔥”
@lopp – “There's one perspective that Bitcoin need not do anything else in order to become a global reserve currency: all it needs to do is nothing as it watches other systems inevitably fail under the follies of fickle fallible humans.”
submitted by Edmund_N to CryptoMarkets [link] [comments]

How to Transfer Bitcoin From Binance to Coinbase - YouTube BINANCE EXCHANGE TUTORIAL REVIEW - HOW TO USE AND BUY/SELL COINS Binance Bitcoin Exchange Tutorial How to Buy Dogecoin (Doge) on Binance ✅ BINANCE UITLEG  HOE TE STARTEN MET BINANCE ... Alternative Crypto Exchanges after Binance How to Exchange Litecoin for Bitcoin BINANCE  Einführung und Anleitung  Deutsch Bitcoin 2020 Price, Stellar Inflation Rate, Binance + TRON, Ripple Acquisition & Cardano Sneakers Binance Exchange Tutorial 2020: How To BUY And SELL ...

Binance cryptocurrency exchange - We operate the worlds biggest bitcoin exchange and altcoin crypto exchange in the world by volume Exchange Dogecoin (DOGE) to Bitcoin (BTC) The list below shows exchangers where you can exchange Dogecoin (DOGE) to Bitcoin (BTC). The exchangers are sorted by the rate, with the best rates on the top. To select an exchanger, you may want to check its reserves and reviews. To exchange money, click on the exchanger you choose and go to its website. Dogecoin is up 5.91% in the last 24 hours. The current CoinMarketCap ranking is #43, with a market cap of $348,471,211 USD. It has a circulating supply of 126,990,316,954 DOGE coins and the max. supply is not available. The top exchanges for trading in Dogecoin are currently Binance, Huobi Global, Binance.KR, ZG.com, and OKEx. Dogecoin (DOGE) - Bitcoin (BTC) transaction fees. Changelly provides its customers with a fast, secure and user-friendly cryptocurrency exchange service. There is only one reasonable fee 0.25% for DOGE to BTC exchange along with a standard network fee. Thus, the more favorable rate the user gets, the more Changelly earns. We partner with the ... There are currently 83 Dogecoin exchanges where you can buy, sell and trade Dogecoin (DOGE) with a total 24-hour volume of $ 39.25M. You can buy Dogecoin with USD, EUR, GBP and 3 more fiat currencies. Dogecoin can be exchanged with 19 cryptocurrencies. You can also buy Dogecoin with Tether, QCash, Binance USD and 3 more stablecoins. The best Dogecoin exchange for trading is Binance. Dogecoin - Bitcoin Chart (DOGE/BTC) Conversion rate for Dogecoin to BTC for today is BTC0.00000018. It has a current circulating supply of 127 Billion coins and a total volume exchanged of BTC3,186.76977359 Binance cryptocurrency exchange - We operate the worlds biggest bitcoin exchange and altcoin crypto exchange in the world by volume Exchange Symbol Price 24h Index Price Basis Spread Expires in Open Interest 24h Volume Last Traded; FTX (Derivatives) DOGE-1225: $0.00 4.0%: 0.00269016 USD +0.944% 0.3% about 2 months - $30,727.76 Recently Dogecoin to Binance Coin (DOGE to BNB) Quickly and easily calculate foreign exchange rates with this free currency converter. From (Please choose) To (Please choose) Rate Date Current Date Amount ... DOGE to BTC Price Details Dogecoin to Bitcoin Exchange Rates . When you convert 1 DOGE to BTC, you will get 0.00000018 BTC, which is the exact amount of BTC that gets transferred in your wallet, once you convert. In the last 24 hours, the maximum DOGE to BTC exchange value stands at 0.00000018, while the lowest recorded exchange value is 0.00000017. ...

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How to Transfer Bitcoin From Binance to Coinbase - YouTube

Binance Bitcoin Exchange Sàn giao dịch tiền mã hoá Binance - Chúng tôi là sàn giao dịch Bitcoin và Altcoin với khối lượng giao dịch lớn nhất thế giới. ★ Tải ... How to transfer Litecoin or Bitcoin from Coinbase to Binance - Duration: 10:57. Jermaine Ellis 213,682 views. 10:57 . How To Buy LiteCoin & Exchange Reviews - LiteCoin For Beginners - Part 2 ... Bitcoin 2020 Price, Stellar Inflation Rate, Binance + TRON, Ripple Acquisition & Cardano Sneakers The Modern Investor. Loading... Unsubscribe from The Modern Investor? Cancel Unsubscribe. Working ... New Binance exchange tutorial 2020. How to deposit and withdraw, how to use the exchange itself and we also discuss some more features of the Binance platfor... Registreren op Binance: https://www.binance.com/?ref=29301307 In deze video laat ik jullie zien hoe Binance werkt, hoe je aan te melden, een deposit te doen ... In this video I am going to show you how you can buy Dogecoin (Doge) on Binance. You will learn how you deposit money and how you can withdraw it. You will learn how you deposit money and how you ... Know how to transfer from Binance to Coinbase. This video will help you move your coins from Binance to hardware wallet or other exchange. In this video, I s... This video shows you how to buy/sell coins and use https://www.binance.com It's very easy. Just remember to load some Bitcoin or coins before you start trying to buy things on there because that's ... Traden auf BINANCE Exchange Tutorial ... BITCOIN PREIS & DIE HASH RATE SINKEN - WARUM DU DENNOCH INVESTIEREN SOLLTEST - Duration: 13:06. AllgemeineTuts 1,260 views. New; 13:06. Leverage Trading ... Since Binance is not going to be available in the US anymore after September 12th, here are some alternative exchanges to use. ----- Get Brave a...

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