Connect with us
  • Home
  • Start here
  • Bitcoin Charts & More
  • Submit PR
  • Advertisement
CLOSE

Press Releases

What You Need to Know Before You Start Cryptocurrency Trading

Published

on

Cryptocurrency

Despite the drop in the value of most cryptocurrencies in recent times, cryptocurrency has nonetheless managed to weather the storm and remain relevant. As such, the cryptocurrency market can now be termed a viable market as traders know that they won’t lose their investments regardless of whatever happens as the digital currencies have shown that they can withstand anything. If you are one such person looking to start your cryptocurrency trading adventure, worry not as we have you covered. Below, we will share with you the essentials skills you need to know before you venture into crypto trading. Before we start though, remember you can earn your first cryptocurrencies when you play crypto games at casino.netbet.co.uk.

Pick wisely an exchange to trade on

Once you make a decision that you want to start crypto trading, the next step is to wisely choose the exchange platform that you want to trade on. There are literally hundreds of exchange platforms to choose from but not all of these do offer excellent services. They have been reports of exchange platforms that terminate operations without notice hence leading to loss of investment on the part of the trade. As such, choosing an exchange platform wisely is a sure way of guaranteeing and protecting one’s investment. As a general rule, it’s always advisable to go for the exchange platforms that have been in business for a long time such as KuCoin, Binance and CoinBase. With established exchange platforms, you rest assured that you won’t wake up one day only to realize that the exchange platform you stored your ‘money’ on is no longer in existence.

Choose wisely your cryptocurrency wallet

When you are about to start your cryptocurrency trading adventure, you will realize that there are two different types of cryptocurrency wallets. Some wallets are standalone wallets meaning that they allow you to ‘deposit’, keep and ‘withdraw’ digital money whenever you want. Standalone wallets as suggested by their title are not linked to any other service. However, there is also another wallet type which is an exchange linked wallet. An exchange linked wallet is a wallet that works with the exchange platform you trade on. As such, with this type of wallet, you will only be able to use your digital money at the exchange platform that is linked to the wallet. The former is great for traders who like to shop around for exchange platforms every now and then while the latter is great for traders who love sticking to one exchange platform.

Wisely choose your source of information

By now you probably know that cryptocurrencies are highly volatile. As such, trading in cryptocurrencies is very risky as prices can shoot up or down in large percentages. Therefore, in order to guard against massive loses, you need to have a reliable source of information that tracks and predicts potential major moves. There are a lot of websites that you can choose as your preferred source of information such as Hackernoon, The Merkle, News Bitcoin and Coindesk.

Share This With Your Friends

DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at editor@dcforecasts.com

Continue Reading
Comments

Press Releases

Globitex Exchange Leads Charge in Trading by Lowering and Removing Fees

Published

on

Globitex Exchange

As part of its new strategy to become the most widely used cryptocurrency exchange, Globitex is lowering and removing fees for certain account features. Globitex aims to make it’s products more accessible for retail and corporate customers. The EURO Wallet continues to excel as the best solution for sending and receiving EUR payments from inside of an exchange. The EURO Wallet is powered by Nexpay UAB, an EU licensed financial institution and gives users full control of their assets.

“We implement changes quickly around feedback we gather from both retail and corporate customers. We never compromise on security, we abide by every regulation to ensure customers get the most of what is possible with cryptocurrencies today.” - Uldis Teraudkalns CEO of Globitex Exchange.

Private Individuals will enjoy the removal of the monthly account maintenance fee, this allows Globitex clients to open and maintain a EURO Wallet account without cost or liability until it is actually used for transactions.

Corporate customers will enjoy the reduced net cost on larger transactions, making the service more attractive for the largest corporate clients and traders. The combination of the service offering and pricing makes Globitex the No.1 cross crypto-fiat trading and financial operations platform. Globitex aims to add the functionality of using GBX tokens to pay for EURO Wallet fees with discounts, which will substantially increase the utility of the GBX token in the upcoming weeks.

Globitex encourages all traders, investors, and corporates potentially seeking to make payments from within and outside of the crypto space to use the exchange, confident it will be their permanent solution of choice. Users seeking to bridge the traditional finance sector with their cryptocurrency assets are urged to visit Globitex to Utilize their own IBAN account within a cryptocurrency exchange.

For more information or inquiries, please contact Globitex Support (support@globitex.com).

`
Continue Reading

Press Releases

Tech Giants Opt for Ethereum: Why ETH is Still Behind BTC

Published

on

There’s been huge news for Ethereum recently. Some of the world’s biggest tech companies and most famous technology entrepreneurs have shown their support for the blockchain platform. This is in addition to the many large companies that have already been supporting Ethereum for years. But, despite all this, Ether (ETH) is still lagging behind Bitcoin (BTC) in all the ways that matter: price, transaction volume, and market capitalization. Why is Ethereum still struggling to keep pace with Bitcoin so many years down the track? Let’s take a look at how Ethereum has been adopted in recent months, and how this is affecting the price of ETH.

Amazon Shows Support For Ethereum With a New Managed Blockchain Service

Amazon has recently made shockwaves across the blockchain industry, when they announced their managed blockchain services in an exciting press release. They say the service will allow users to set up and manage their own decentralized blockchain network with just a few clicks. This is a huge claim considering the difficulty of achieving that task from scratch. The really good news for Ethereum is that the new service will soon have support for the Ethereum network due to some of its unique properties. On their website, they declare that “Ethereum is well suited for highly distributed blockchain networks where transparency of data for all members is important”. This is a huge deal for Ethereum.  

Elon Musk Declares His Faith In Ethereum with One Word

Elon Musk has caused another stir on Twitter, this time in the blockchain world. He did it with a one-word tweet, “Ethereum”. The tweet has gained almost 10,000 retweets since then. That’s a big endorsement coming from one of the greatest tech visionaries of our time. Especially, as it comes when Ethereum has been struggling.  

Many Other Companies Are Onboard With Ethereum Too

These are just the most recent additions to the list of big names declaring their support for the Ethereum vision. The Ethereum Enterprise Alliance is a group of big businesses committed to exploring and developing the decentralized technology that Ethereum is built on. The members include some massive names, such as Intel, Microsoft, JP Morgan, Accenture, and Deloitte. JP Morgan has even used the Ethereum technology to build its own blockchain networks for moving some of its enormous sums of money quickly around the globe.  

So Why Isn’t Ethereum Number 1 Yet?

All this should be enough to propel Ethereum into the stratosphere of development and adoption. But a quick look at the price and market cap numbers shows that Ethereum is even further behind Bitcoin than it was a few years ago. Ethereum has dropped massively since its peak price of over $1,000 and has never recovered to anywhere near those levels. So what’s going on?  

The Same Old Scalability Problems

Ethereum has had one serious challenge for the last few years: scalability. Ethereum has never really managed to breach its transaction ceiling of around 26 transactions per second. That level is just not going to cut it out for a major global transaction network. Bitcoin has the same problem, but it has some exciting solutions already being used and tested. The Bitcoin Lightning Network is a “layer 2” solution that is used to scale Bitcoin transactions on top of the core Bitcoin network. Ethereum does have some potential solutions of its own. Ethereum Plasma promises to add a layer 2 solution to the Ethereum network to allow for much higher transaction volumes. However, right now, these projects are still far off proving they can take Ethereum to a global scale.  

The Growing Threat of Competitor Networks

Perhaps the biggest reason why Ethereum hasn’t soared to the top spot on the crypto charts is the growing number of serious competitors to Ethereum. Until recently, Ethereum has been the only real choice for developers in need of a global decentralized network to build their applications on. The same with ICO platforms, too. This gave Ethereum the first mover advantage and helped it grow tremendously in its early stages. These days, however, Ethereum has plenty of plausible competitors. Using the Ethereum network isn’t a necessity for developers, it’s a choice. For example, while Amazon plans to support Ethereum for their managed blockchain solutions, it already supports Hyperledger Fabric. The growth of alternative networks and protocols such as EOS, Stellar, Cardano, Tron, Neo, and many more are hurting Ethereum. What’s more, many of these networks already offer much better performance than Ethereum in certain areas. For example, EOS is a protocol designed to build decentralized applications similar to Ethereum’s. But, with a completely different take on its consensus algorithm, it allows for a much higher transaction volume and speed than Ethereum. These competitor networks are now highlighting the weaknesses of Ethereum. They are putting pressure on the Ethereum development team and adding more uncertainty to the future of the Ethereum network.  

Bitcoin is Seen Differently

Bitcoin is facing many of the same technological problems, and even more competitors for its limited use cases. However, Bitcoin has kept growing because it is seen in a different way by buyers. These days, Bitcoin is seen more as ‘digital gold’, than the future central financial platform. Bitcoin buyers know that faster and better competitor networks may arise, but Bitcoin is still the original cryptocurrency. This is why Bitcoin buyers are happy to invest heavily in the cryptocurrency, even as real-world use cases and adoption remain fairly stagnant.  

Ethereum Needs to Really Compete

Ethereum doesn’t have the same advantages as Bitcoin. If it wants to cement its place as the number one decentralized network in the world, it needs to earn it. It needs to prove its value by developing technology that works in the real world, and applications that get used. Ethereum has got the support of tech giants like Amazon and influencers like Elon Musk. But, if ETH is ever to overtake BTC, it needs to use that support and take it to the next level as soon as possible.
`
Continue Reading

Press Releases

Storecoin’s Third Milestone Token Offering Launching, Ari Paul and BlockTower Capital are Early Backers

Published

on

Storecoin
June 20th 2019 Milestone Token Offering (MTO) Planned for Storecoin This Regulation D and Regulation S securities offering sets out to bring in over 500 new wallets, and up to $4.97 Million of Treasury into the project. Storecoin is a zero-fee payment and p2p cloud computing platform with early backing from Ari Paul of BlockTower, Matt Ocko, AlphaBit Fund, Ari Nazir of Neural Capital, and more -- is launching its long-awaited Milestone Token Offering on Thursday, June 20th at 12pm PT. Apply for the sale at: http://sale.storecoin.com.   Storecoin forecasts 1-3 additional MTO’s as it continues to execute on its mission before the mainnet launches. Storecoin has taken a strong anti-ICO stance since the inception of the project. We are a committed to growing Treasury on the basis of achieving key project milestones. These global MTOs align with transparency and trust for it’s growing the community and eager participants. Here's a link to see key Storecoin milestones achieved since its last MTO in January 2018.   About this Milestone Token Offering (MTO) Storecoin will sell up to $4.97 Million in STORE during this Security Token Offering. The global Regulation D and Regulation S offering aims to bring 500 new wallets to the project, with the purchase minimum at $2,500 and maximum at $1.79 Million. This milestone sale ends once one of the following occurs: the $4.97 Million maximum cap is reached or by August 30, 2019. United States purchasers must qualify as accredited investors. Sales to purchasers who are not U.S. Persons will be made only in accordance with applicable laws. The sale will be offered as a sequence of three phased pricing rounds. Each sale phase will be offered on a first-registered and first-funded basis. Once a phase is fully registered and funded, the next phase will open up and be offered to the next registered buyer.   The proceeds from this sale will be used for a number of vital project building activities, including:
  • Releasing the alpha network for BlockFin, our parallel and pipelined consensus engine
  • Multiple security audits for our BlockFin BFT consensus algorithm
  • Begin hosting STORE meet-ups around the world
  • Releasing our Governance, Economics, and Security Papers for public peer review
  • Hosting the first-ever Conference, a research and governance global gathering
Register for the Milestone Token Offering at: http://sale.storecoin.com   About Us Zero-fee payments and p2p cloud computing platform. The public blockchain will enable data to be tokenized, open, and globally tradable. Storecoin will transform data into p2p money (into datacoins). Governance will be coordinated by checks and balances, separation of powers, and shared security (decentralized federalism). Storecoin is a verified Messari Registry project: https://messari.io/asset/storecoin To learn more, visit http://storecoin.com. Download a one-pager at http://storecoin.com/summary (PDF).   Links E-mail: team@storecoin.com Website: http://storecoin.com Telegram Group: http://t.me/storecoin Twitter: http://twitter.com/storecoin
`
Continue Reading

Press Releases

BXB Exchange A new cryptocurrency trading platform has entered the scene to offer services as a digital currency exchange

Published

on

BXB Exchange
Talinn, Estonia: A new cryptocurrency trading platform has entered the scene to offer services as a digital currency exchange. BXB Exchange launched its platform with more features than other similar services, to cater to cryptocurrency investors and traders who are looking to exchange digital assets such as the popular Bitcoin. BXB boasts of a number of advantages in using the platform over existing services. These features include auto-trading, tap trading, options trading and futures trading. The platform is built from the ground up, giving users the most secure and efficient trading experience. The featured tools such as auto and tap trading make trading effortless, with hotkeys that help short-term traders get in and out of trades. The options trading feature, on the other hand, is designed to be simple enough for new users and comprehensive enough for even the most experienced traders. And lastly, the futures trading tool gives a 1% price change in the market a chance to give a 100% return in pocket. The company recently announced that IMChat will be launched on BXB Turbo, as the platform’s first initial exchange offering (IEO) project. It’s an instant messaging application that’s designed based on blockchain technology. The successful integration of instant messaging and blockchain support crypto wallets, payments, transactions, and digital currency red pocket, while providing optimized instant messaging experience. This feature will be launched together with the platform’s trading products that include futures and options trading. According to BXB Exchange CEO Kwan Phik, “IMchat is a very solid and mature project. They have market-proven products and a significant user base which gives them a large development space in the IM industry. Among the many projects that we have reviewed, we are very excited about IMchat in particular. We are very happy to have them as our first project to be launching on BXB Turbo. We are looking forward to seeing the success of IMchat." BXB Exchange is an Estonia-based financial and blockchain tech company that’s made up of a team from Wall Street’s top quantitative hedge fund and traditional financial trading technical experts. The company has extensive experience in understanding the underlying structure of cryptocurrency exchange, such as security mechanisms, liquidity market making, and ultra-low latency systems.
`
Continue Reading

Newsletter

For Updates & Exclusive Offers
enter your email below





ADVERTISEMENT

cryptocurrency review

ADVERTISEMENT

Join us on Facebook

Recent Posts

ADVERTISEMENT

UPCOMING EVENTS RECOMMEND BY DC FORECASTS

august

No Events

NEWS CATEGORIES

ADVERTISEMENT

Trending Worldwide

X
X