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SimpleFX Review: A Good Bitcoin Broker Or A Scam?

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SimpleFX is one of the most popular Bitcoin broker sites that began its operation in 2014. Ever since then, the brokerage community has allowed customers to trade bitcoins which positioned it as one of the most reliable crypto exchanges out there.

Basically, SimpleFX lets traders work with a range of financial instruments and trade more than 60 currency pairs including commodities, bitcoins, litecoins and precious metals. The real benefit here is the fact that all trading operations go through the convenient MetaTrader platform which makes it easy to register on SimpleFX (with up to five accounts) and the same number (of five) demo accounts.

All you need to do in order to start trading cryptocurrencies at SimpleFX is to submit your information in the registration procedure. The account creation won’t take more than 3 minutes of your time and is completely free. All you need is an email address (or a social network account) that you should immediately verify – and you are done!

There are several deposit/withdrawal methods and fees. The transfer of funds takes approximately 15 minutes to be completed and you can choose different platforms to get paid including the cryptocurrencies Bitcoin, Altcoin, Dash, Ethereum and Bitcoin Cash – or credit card, Skrill, Neteller, MegaTransfer and Local Payments among the options.

According to many reviews, the customer support at SimpleFX is great and there are glitch-free systems which are designed to take care of users in a great way. Even though the opinions are divided, most of the traders know that SimpleFX is among the best bitcoin and forex broker sites in terms of its user interface, usability and prices.

Welcome to SimpleFX

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TrustedNews: The Chrome Extension You Need For Spotting Fake News

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The popular ad-blocking software recently launched a new product called TrustedNews which will tell the user if the news that they are reading is trustworthy or fake.

Basically, TrustedNews is a new Chrome extension coming from the famous AdBlock Plus which is designed to spot fake news for users as they search the web. Currently, the extension is only available for Chrome users – but there will be other browsers joining in the future.

TrustedNews hopes to evolve the system and integrate blockchain technology with user feedback. This plan will give the platform a decentralized database in the Ethereum blockchain with a built-in-protocol that will reward those who contribute to it.

As for now, the database is maintained by MetaCert Protocol which will also issue MetaCert tokens in order to manage the reward system. Once the database runs on the blockchain, the users will be able to vote on other people’s feedback. The people who provide good feedback will be top earners and the others will be seen as fraudsters.

The extension is only available in English at the moment – scoring websites based on their integrity and trustworthiness. Once it is installed, the icon displays three different colors all depending on the news you are reading.

Every time a news source is considered trustworthy, TrustedNews will show a green tick. If the program is not sure, it will give an orange ‘B’ for ‘bias’. If the source is not legitimate at all, there will be a blue smiley face every time you come across click-bait, malicious or any form of user-generated content.

As such, TrustedNews aims to provide a more detailed analysis of news sources in the future – with the capability to point out which news are biased and which are relevant.

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Basis (Ex-Basecoin) Raises $133 Million In Funding

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Basis, which we all formerly know as Basecoin, has raised $133 million in a private funding this week. According to the chief executive officer Nader Al-Naji’s statement today, the NJ-based project aims at creating a stable cryptocurrency backed up by an algorithmic central bank that will keep the price stable.

The price fluctuations and volatility is what makes many cryptocurrencies fragile. The best example for that is the months of January and February this year when a lot of cryptocurrencies sank and led the crypto market from more than $800 billion to $249 billion.

Basis is dubbed to be the cryptocurrency with the most stable price. So far, it is backed by a lot of different companies and investors such as Bain Capital Ventures, GV, Stanley Druckenmiller, Kevin Warsh, Lightspeed, Foundation Capital, Andreessen Horowitz, Wing VC, NFX, Valor Capital, Zhenfund, INBlockchain, Ceyuan Ventures, Sky9 Capital and others.

How Is Basis Going To Tackle The Volatility?

The way in which Basis will tackle the volatility of cryptocurrencies will be quite unique. In times when Bitcoin has failed to be effective as a hyperinflating local currency, Basis’ goal is to get the best features from cryptocurrencies and match them with the ones of controlled fiat currencies. And while central banks mitigate volatility via monetary policies (expanding and contracting the money supply), cryptocurrencies have a fixed supply which fosters volatility and makes them an unreliable form of payment.

Basis, in a nutshell, will bring the benefits of cryptocurrencies without the volatility, according to Al-Naji. It will be distributed to those participating in the system, decentralizing the monetary expansion. If it accomplishes its goal, Basis will benefit the efficiency of developing the nations’ economies.

Not Revealing A Lot At This Point

As such, Basis has gained the support of many financial giants. From hedge funds to venture capitalists, it has all that it needs to be developed as one of the most exciting crypto projects right now.

Still, Al-Naji has not revealed all of the specifics on how Basis will work – nor did he say when the token could see the widespread adoption or expand on the apps it will integrate with.

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A List Of The Top 3 Crypto News Sources For Daily (And Unfiltered) News

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Every trader, investor or just an active follower of the daily sources of news and educational materials about Bitcoin and cryptocurrencies should have more than a few crypto news sources to rely on.

This is what inspired us to create this list of the top three crypto news sources out there online – and let you know which websites deserve your attention (as well as why). So, let’s begin.

 

1.DC Forecasts

Even though DC Forecasts was launched in 2017, it quickly rose and became one of the leading news sources for cryptocurrencies in the world. There are tons of reasons for that but some of the most important include the fact that they post 20+ articles per day and always focus on unbiased news.

With DC Forecasts, you can also be actively present at many crypto and blockchain events. Their team of journalists and camera crew film and interview some of the biggest names in the crypto space, attending on many events and sharing the instant news.

 

2.CCN

The short domain name and the great interface easily make CCN one of the best crypto news sources online. However, it is not just that – the website also syndicates content from many popular sources and gives you a handful of information that is updated every single hour.

A lot of readers love and praise CCN for its timely articles and the interesting news shared every day. There is even a ‘top 3’ category including the top-rated and favorite picks from readers.

 

3.CoinTelegraph

The attention to detail that CoinTelegraph has is matched by only a couple of crypto news sources in the industry. What’s amazing is that there is always a list of ‘Hot Stories’ on the website as well as the ‘Editor’s Picks’ which give you a nice idea of what matters in the world of cryptocurrencies.

Also, it goes without saying that CoinTelegraph is one of the most authoritative and reputable sources for Bitcoin, Ethereum and Ripple news on the market.

 

Like what you see? Do you maybe have a favorite?

Ours is DC Forecasts for their active involvement in all the events and amazing crypto reviews. Psst!

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The Top 5 Crypto Exchanges In 2018: Which Crypto Exchange Is The Best According To Users And Reviews?

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Are you looking for the perfect exchange that lets you buy Bitcoin, Ethereum or any altcoins at the lowest fees and without hiccups?

The truth is, you are not the only one. A lot of people are after exchanges nowadays – and in search of the ‘one and only’ when it comes to low fees, safety features and impressive base of users.

In order to help you, we are listing our list of the best crypto exchanges in 2018 below.

 

1.Binance

Undoubtedly, Binance is one of the largest and most reputable crypto exchanges out there. There are limited user registrations which makes the platform even more safer – open for a few hours every day and only a handful of users. You can try your luck and see if you get accepted.

 

2.Bitfinex

This is one of the popular exchanges for buying and selling BTC, ETH, XRP and other cryptocurrencies. You can also do margin trading and explore all the various possibilities offered on the site.

 

3.Gate.io

If you are looking for the best crypto exchanges supporting new cryptocurrencies, navigate to this exchange and explore the unique approach and the amazing list of features. There is also mobile app trading – just like Binance and Bibox.

4.Bibox

This is one of the strongest crypto exchanges that offers mobile app exchanging. What’s important is that there have been tons of updates on the mobile app making it one of the best in the industry.

 

5.YorkBit

This is known as the ‘low cap heaven’ and a place where you can exchange your money for cryptocurrencies or vice versa. The exchange is loved by tons of people and gaining trust by new users every single day.

 

Last but not least, you should know that there are many exchanges out there that are not accepting new users – which is why we only listed the most active and emerging crypto exchanges in 2018.

 

This list will get updated weekly – so make sure to bookmark it!

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