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How To Get A Start In The Cryptocurrencygame

How To Get A Start In The Cryptocurrencygame

Bitcoin exchanges get slammed by website outages As bitcoin reaches for $2,500 again, I thought this would be a good time to let readers know exactly how digital currencies work and how to get more information if you wish to partake in this alternative investment. There will be only 21 million bitcoins created, and as of last month, roughly 16.8 million or 80 percent of all the bitcoins have been mined, or created. So unlike the paper currencies in the world today, no governing body can print more bitcoin to dilute its value. To get started, the first thing you will need is a digital wallet. The wallet can be thought of more like a bank account, which can reside on your computer, phone or other smart device. It is always advisable to have your wallet backed up in another location so that a crashed hard drive does not wipe out your bitcoins. There are many wallets out there to choose from, depending on your security needs and whether you wish to be an active trader or a more passive buy-and-hold investor. Once you have set up your wallet, then you can go to one of the many digital currency exchanges to purchase a bitcoin. Many exchanges now allow you to buy bitcoin with a credit card over the Web. Coinbase.com and Coindesk.com are two of the largest, and offer tutorials on digital currencies. However, if you do not wish to use your bank account, there is one site called LocalBitcoins.com that allows face-to-face purchases. Bitcoins are mined, or searched for, by using computing processing power in a distributed network to locate and solve mathematical problems to acquire the code for the coin. This distributed network also provides the backbone to use bitcoin to purchase items or identify the bitcoin you hold. There are a growing number of outlets that are accepting bit Continue reading >>

English Soccer Club Arsenal Signs Up To Promote Cryptocurrency

English Soccer Club Arsenal Signs Up To Promote Cryptocurrency

January 24, 2018 / 5:53 PM / 2 months ago English soccer club Arsenal signs up to promote cryptocurrency LONDON (Reuters) - English soccer team Arsenal is entering the cryptocurrency world by signing a deal to promote new digital tokens being sold by an American gaming software company. Soccer Football - Premier League - Arsenal vs Liverpool - Emirates Stadium, London, Britain - December 22, 2017 General view of a corner flag before the match Action Images via Reuters/John Sibley California-based CashBet said on Wednesday that the Premier League club had agreed to become its exclusive and official Blockchain Partner ahead of the upcoming initial coin offering (ICO) of its new cryptocurrency, CashBet Coin. The partnership makes Arsenal the first major team in world football to officially partner with a cryptocurrency, CashBet said in a statement. Arsenals Chief Commercial Officer, Vinai Venkatesham, said the North London club was looking forward to working with CashBet Coin as they launch their new cryptocurrency. According to its website, CashBet sells software that helps gaming companies accept bets using cryptocurrencies. CashBet Coin will be advertised at Arsenals Emirates Stadium, and CashBet can use Arsenals brand to promote the new tokens. The explosive rise in prices for cryptocurrencies such as bitcoin last year has drawn in millions of buyers across the globe. Hundreds of new coins have been offered for sale to the public. Regulators have called the investment mania a dangerous bubble, and said ICOs are highly speculative with investors putting their entire capital at risk. Backers of cryptocurrencies say the technology underpinning virtual coins has the potential to transform the way we handle money. Reporting by Tommy Wilkes and Jemima Kelly Continue reading >>

How To Trade Cryptocurrency For Beginners

How To Trade Cryptocurrency For Beginners

Cryptocurrency Basics 24 Cryptocurrency Investing 32 The content of this website is provided for informational purposes only and cant be used as investment advice, legal advice, tax advice, medical advice, advice on operating heavy machinery, etc. Our site is not officially associated with any brand or government entity. Any mention of a brand or other trademarked entity is for the purposes of education, entertainment, or parody. Neither CryptocurrencyFacts.com nor its parent companies accept responsibility for any loss, damage, or inconvenience caused as a result of reliance on information published on, or linked to, from CryptocurrencyFacts.com. In other words, this is a website on the internet offering free information about cryptocurrency, this is not your accountant, lawyer, or fiduciary offering you professional tax, legal, or investment advice. Everything You Need to Know to Start Trading Cryptocurrencies Like BitCoin, LiteCoin, and Ethereum We explain how to trade cryptocurrency for beginners. To start trading cryptocurrency you need to choose a cryptocurrency wallet and an exchange to trade on. From there it is as simple as filling out a form and waiting for the transaction to process (once your information is verified with the exchange you pick). In other words, if you want to trade cryptocurrency you need: A cryptocurrency exchange (or two) to trade on. Simple as that. The rest of the page will explain the details and other important things to know. How to invest in cryptocurrency: If you want to invest in cryptocurrency, and not just buy/sell/trade, then you have a few options. Generally new investors can choose between the GBTC trust sold on the stock market, a cryptocurrency IRA (we dont want to recommend one until we have reviewed them), or an exchange-b Continue reading >>

Buy Bitcoin & Litecoin, Crypto Wallet, Debit Cards, Exchange Rates

Buy Bitcoin & Litecoin, Crypto Wallet, Debit Cards, Exchange Rates

The CoinsBank Wallet provides a simple way to manage your funds when and where you want. All it takes is the click of a button, the sending of an email or the swipe of your CoinsBank Debit Card. Your Debit Card and CoinsBank Wallet are perfectly united. Simply add bitcoins to your wallet and the card is ready for use. Whether you prefer to shop online or visit your local store, the card is accepted worldwide. The leading platform for professional cryptocurrency traders Customers can trade on our industry-grade, low-latency exchange. Enjoy the tools that professional speculators use to maximise profit and minimise risk, and cash out to a wide range of currencies when you are finished - from your computer, smartphone or any mobile device. Offer your customers the worlds fastest, safest and cheapest payment option. Connect to the worlds first borderless payment network - Bitcoin. Receive payment in any amount, from anywhere in the world, from any computer or mobile device. Whether youre at home or on the go, you can use any of CoinsBanks services via out convenient mobile app! Available for both Apple and Android devices. Continue reading >>

Ccrb: The World's Most Innovative Consumer-oriented Cryptocurrency Due To Its Unique Usability

Ccrb: The World's Most Innovative Consumer-oriented Cryptocurrency Due To Its Unique Usability

CCRB - spendable instantly, always at a significantly higher internal value Our unique internal value allows token holders to spend the token globally at a minimum of 4x higher than the coin market rate or a fixed baseline, whichever is higher. (Patent App No: GB1719487.9) Want more info on our High Internal Value ? Already more than $4m of property has been bought using CCRB, with much more to come. We've teamed up with property developers and real estate agents including Century 21 IH UK, part of the world's largest residential estate agency organisation, to offer more than 100 Million dollars worth of properties available to be exchanged. POSh Proof of Shopping POSh is part of the Proof of Spending Protocol POSp (Patent App No: GB1719487.9). This concept makes mining cryptocurrency easy and accessible to everyone who shops. The POSp and POSh concepts are designed to resolve the current energy consumption issues that are currently an integral part of the cryptocurrency industry, specifically related to the mining of crypto. Through our CryptoLife platform you can currently spend, mine and save with CCRB at the High Internal Rate through more than 35,000 outlets, across millions of products in more than 200+ countries. We have tied up with multiple service providers including CashBackApp, a leading provider of cashback and loyalty platforms to 20+ banks and financial institutions around the globe. We are building our own fully functional crypto exchange, where CCRB will be one of the base market, providing more credibility, versatility and stability for our cryptocurrency. We are currently the license holder for India and the Middle East, of the Ethereum token exchange named orderbook powered by Ambisafe. Users can utilise our VISA CredEcard and Savings Account to ear Continue reading >>

Bitfinex - Bitcoin, Litecoin And Ethereum Exchange And Margin Trading Platform

Bitfinex - Bitcoin, Litecoin And Ethereum Exchange And Margin Trading Platform

Bitfinex allows up to 3.3x leverage trading by providing traders with access to the peer-to-peer funding market. Liquidity providers can earn interest by providing funding to traders wanting to trade with leverage. Funding is traded on an order book at various rates and periods. Bitfinex offers a suite of order types to give traders the tools they need for every scenario. Discover more about our most advanced Algorithmic orders types. Organize your workspace according to your needs: compose your layout, choose between themes, set up notifications and data preferences. Security of user information and funds is our first priority. Learn more about our security features and integrations. Continue reading >>

Uber Co-founder Garrett Camp Is Creating A New Cryptocurrency

Uber Co-founder Garrett Camp Is Creating A New Cryptocurrency

Garrett Camp, best known for being a co-founder of Uber and founder of the accelerator/venture fund Expa, is launching his own cryptocurrency. The currency is called Eco , and Camp wants it to be a digital global currency that can be used as a payment tool around the world for daily-use transactions. There will be one trillion tokens issued initially, of which 50% will be given away to the first one billion verified humans that sign up. 20% will go to the universities running trusted nodes, 10% will go to advisors, 10% will go to strategic partners, and 10% will go to a newly formed Eco Foundation which will be responsible for creating and maintaining the network. Camp as well as a small number of partners affiliated with Expa will also donate $10M to seed the foundation with an operating budget. Notably there will be no ICO which means no money will be raised for the project, and also lets the project avoid any potential legal issues which have now become prevalent with most major ICOs. Ecos initial whitepaper explains that it wants to improve on a few main issues common with digital currencies. First, it wants to use only verified nodes for network support and transaction confirmations, meaning someone anonymous couldnt run a node and confirm transactions like they could do on bitcoins network. While this essentially removes issues of 51% attacks or other acts of fraud, it also means it wont be truly decentralized. Second, Eco will have a large token supply (one trillion, at least initially) and simple web and mobile apps. This is likely the projects attempt to be more user friendly, meaning a smaller dollar to Eco token conversation rate so regular users arent scared away by high token prices, which often happens with bitcoin. Similarly, the web and mobile app direc Continue reading >>

Robinhood Crypto - Buy Bitcoin & Other Cryptocurrencies

Robinhood Crypto - Buy Bitcoin & Other Cryptocurrencies

Robinhood Financial LLC and Robinhood Crypto, LLC are wholly-owned subsidiaries of Robinhood Markets, Inc. Equities and options are offered to self-directed customers by Robinhood Financial. Robinhood Financial is a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC), which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). Explanatory brochure available upon request or at www.sipc.org. Cryptocurrency trading is offered through an account with Robinhood Crypto. Robinhood Crypto is not a member of FINRA or SIPC. Cryptocurrencies are not stocks and your cryptocurrency investments are not protected by either FDIC or SIPC insurance. Getting early access to options or Web is defined as signing up with a valid email address for a spot in Robinhood Financials respective waitlist queues for Web or for options. Getting early access to Robinhood Crypto is defined as signing up with a valid email address for a spot in Robinhood Cryptos waitlist queue. Early access to the waitlist for Web, options, or Robinhood Crypto should in no way be construed as confirmation that a brokerage account with Robinhood Financial has been opened or will even be approved for opening. Priority may be given to Robinhood Gold subscribers and existing customers of Robinhood Financial. Free trading of stocks and options refers to $0 commissions for Robinhood Financial self-directed individual cash or margin brokerage accounts that trade U.S. listed securities via mobile devices or Web. Relevant SEC & FINRA fees may apply. Please see the Commission and Fee Schedule . Robinhood Financial is currently registered in the following jurisdictions . This is not an offer, solicitation of an offer Continue reading >>

More Than A Million People Sign Up For Robinhood Crypto

More Than A Million People Sign Up For Robinhood Crypto

More than a Million People Sign Up for Robinhood Crypto More than a million people have signed up to use the new cryptocurrency feature on the free stock trading app, Robinhood. In a tweet posted yesterday, the founder of Robinhood, Baiju Bhatt said: Over 1 million people signed up for RobinhoodApp Crypto in first four days. Announced on Thursday of last week, Robinhood said the new feature would users to trade 16 cryptocurrencies, along with stocks, options and exchange-traded funds(ETFs) all on the same platform. Cryptocurrencies offered include bitcoin, ethereum, ripple, monero and NEO. Robinhood expects cryptocurrency trading to begin sometime in February with only Bitcoin and Ethereum being traded at first, with other cryptos added later. It will only be available to users in California, Massachusetts, Missouri, Montana, and New Hampshire, but will then roll out to other states, yet to be announced. Foundedin 2011 the app enables users to trade stocks, check prices and place orders all in real time. However, unlike traditional brokerage firms which often charge high commissions on trading, Robinhood doesnt charge a commission but makes money partly from selling customers order flow and interest on its users deposits. It also has a gold membership plan, which for $10 a month for $2,000 credit allows users to trade on margin, or Gold Buying Power. Robinhood had tried to expand into China back in 2016 in a partnership with Baidu. The idea being that it would allow Chinese investors the opportunity to trade on US company shares. However, in November the Chinese Securities Regulatory Commission banned unlicensed Chinese companies from engaging in business with US brokerages, meaning that Robinhood had to scrap the operation. According to Bhatt, part of the idea behind Continue reading >>

Invest In Bitcoin, Ether & Cryptocurrencies With Abra Digital Wallet App

Invest In Bitcoin, Ether & Cryptocurrencies With Abra Digital Wallet App

Use your bank account, eligible American Express Card, or cash to fund your Abra wallet and convert it into bitcoin. Enjoy fast funding - as quick as 1 day! Abra automatically creates a non-custodial mobile bitcoin-based wallet for you. Only you have the key, so youre in control of your funds at all times. The simplest way to manage your Bitcoin and Ethereum investments Once you have bitcoin in your wallet, you can use them to invest in ether,the digital currency that powers the Ethereum network. Abra makes it quick and easy for you to invest in ether without the complexity of managing multiple wallets. Track the progress of your ether investment and other cryptocurrency investments including bitcoin and fiat all in one place. Trade ether for bitcoin or fiat almost instantly. Abra uses bitcoin as the underlying asset for extending your investment into other cryptocurrencies. Learn more about our revolutionary technology. Your all-in-one cryptocurrency investment app With so many digital currency options today, investing in bitcoin and other digital currencies can be a daunting and complex process. Abra is the simplest way for you to create your portfolio of cryptocurrencies: Fund your wallet on your mobile phone, with fiat or bitcoin Exchange between cryptocurrencies any time you want, almost instantly Manage your cryptocurrency assets in a single place. One app. One recovery phrase. Continue reading >>

Major Cryptocurrency Exchange Bittrex To Add Usd Trading, Reopen New User Sign-ups

Major Cryptocurrency Exchange Bittrex To Add Usd Trading, Reopen New User Sign-ups

Major Cryptocurrency Exchange Bittrex To Add USD Trading, Reopen New User Sign-ups CEO of the Bittrex exchange said that they would be adding USD trading for sophisticated traders and reopening user signups after 2-months pause. Bill Shihara, CEO of Bittrex, confirmed during a Unikrn Radio podcast with Unikrn CEO Rahul Sood on Jan. 31 that the Bittrex exchange will be opening up USD trading to the majority of its customers. Bittrex was founded in 2013 by Shihara and two business partners, all of whom previously worked for security at Microsoft . Shihara told Sood that Bittrexs initial success was due to a combination of the founders security background, as well as their willingness to put their resumes with photos of themselves online at a time when most exchanges were anonymous. Bittrex made the news in October 2017 for its sudden decision to disable thousands of accounts for compliance reviews without warning its users in advance. Perhaps due to this customer service hiccup, the exchange announced in December 2017 that it had temporarily stopped taking on new users , citing the backlog of user support tickets and their current inability to accurately verify each new user with such high demand. In the podcast, Shihara noted that since Bittrex is a US-based exchange, they take their KYC and AML legal obligations very seriously, which requires a large number of staff to do verifications. In response to a question about the challenges of customer support service, Shihara said that they are hoping to add another 20 support contractors this spring, bringing the total up to 80. Shihara also added that user signups for the exchange would open again soon, but there will be additional requirements for new users, like minimum trade deposits. According to Shihara, this ensures t Continue reading >>

Bitcoin Exchange Bitstamp Ceo On Surge In New Signs-ups - Business Insider

Bitcoin Exchange Bitstamp Ceo On Surge In New Signs-ups - Business Insider

Nejc Kodric, the CEO and cofounder of Bitstamp. New customer sign-ups on the cryptocurrency exchange Bitstamp rose from 10,000 a day at the start of 2017 to over 100,000 by the end of the year. The surge corresponded with the huge rise in the price of bitcoin last year, Bitstamp's CEO told Business Insider. Bitstamp had to hire lots of new workers and streamline processes to cope with the influx, its CEO said. Rival platforms have closed off new sign-ups altogether while they deal with their backlogs. LONDON New customer sign-ups to the world's oldest cryptocurrency exchange jumped by 1,000% last year as the price of bitcoin skyrocketed. Nejc Kodri, the CEO of the Luxembourg-based Bitstamp, told Business Insider that average new customer sign-ups rose from 5,000 to 10,000 a day at the start of 2017 to over 100,000 a day by the end of the year. "At the peak, it was 137,000 accounts opened" on one day, Kodri said. "There is a very strong correlation between price and the amount of new users. If you look at the graph, you can quickly figure out when it really started. For us, the whole year was just gradual growth up until the last quarter, then it just exploded." Bitcoin rocketed over 1,500% against the dollar last year, rising from about $440 a coin at the start of 2017 to a peak of over $19,000 in December. The cryptocurrency has since come off its highs, and it crashed to below $12,000 on Tuesday. Kodri told Business Insider that Bitstamp grew its headcount last year to cope with the sign-up surge, from a "few dozen" to between 150 and 200 staff members. Some teams, such as onboarding and customer service, grew tenfold. Even still, Kodri said: "Our team, plus two third-party providers, are still not enough to keep up with the demand. We are maxing out the capacity tha Continue reading >>

One Million Cryptocurrency Wallet Sign-ups In A Week: Alphabit

One Million Cryptocurrency Wallet Sign-ups In A Week: Alphabit

'One Million Cryptocurrency Wallet Sign-ups in a Week': Alphabit LONDON, Dec. 13, 2017 /PRNewswire/ -- With an unprecedented surge in new crypto wallet accounts, institutional investment is pouring into secure digital money wallet development. According to blockchain asset advisory company Alphabit, over one million people opened a digital wallet with just three providers in the past week. "With some security breaches and crypto market cap at an all-time high, the industry is seeing an explosion of interest in secure wallet providers," said Alphabit CEO Liam Robertson, who manages the US$300million regulated Alphabit Digital Currency Fund. Speaking at a Blockchain event in Dubai, Robertson said institutional investors are now closing second round deals with cryptocurrency wallet developers as the industry continues unrivalled growth. "Over one million people signed up with only three wallet providers in the past week, and we are seeing an influx of second round institutional money into this space," Robertson said. A major beneficiary of investor interest is San Francisco based Metal Pay, (MTL), a new crypto app which stores currency and carries out transactions with other users except customers earn rewards every time they spend or send money. "I think Metal is changing the way we interact and view cryptocurrency and I believe they are currently closing a second-round investment with a prominent billionaire entrepreneur who has already invested in another wallet," Robertson said. Alphabit Fund was one of the first-round investors in Metal, which utilises a unique method of coin distribution called Proof-of-Processed-Payments (PoPP) where users receive a 5% transaction reward (paid in MTL). Roberston added: "We're excited to see more people engaged and actively particip Continue reading >>

Altcoin Fantasy - Free Crypto Trading Fantasy Game - Win Bitcoin!

Altcoin Fantasy - Free Crypto Trading Fantasy Game - Win Bitcoin!

Prizes (in coins) are awarded to the winners whom amassed the most USD equivalent in cryptocurrencies Altcoin Fantasy will let you test your skills as a cryptocurrency trader. We are a cryptocurrency simulation platform that allows you to make virtual trades. Compete in crypto picking contests to win prizes. No experience needed! You start with $100,000 USD virtual currency to spend on cryptocurrencies. Make your picks from the 1400+ coins out there you think will perform the best. Adjust your holdings throughout the contest. The players with the highest net worth at the end wins! How much does this cost? What's the catch? Nothing! Companies sponsor our contests for the most part. For certain contests, you may need to agree to accept marketing communication from them but you'll always be able to opt-out. It depends on the coin you win. You might need to create a wallet for the coin that you win, or you may need to sign up for a Coinbase account, which is a wallet for your cryptocurrencies. Don't have a Coinbase account? Sign up for one here. After you sign up for Coinbase, register with Altcoin Fantasy. When we ask for your Coinbase e-mail address later in the process, enter it then. Do you really pay out? This is a game that really pays out? Yes! Just ask our previous winners! We pay out and post our winners every week. Check out an example here . Continue reading >>

How To Buy Your First Cryptocurrency Coins (ethereum, Bitcoin, Litecoin, And Neo)

How To Buy Your First Cryptocurrency Coins (ethereum, Bitcoin, Litecoin, And Neo)

How to Buy Your First Cryptocurrency Coins (Ethereum, Bitcoin, Litecoin, and NEO) Here's a basic guide and recommendations for where to safely buy digital currencies like Ethereum. Founder, angel investor, adviser, blockchain evangelist @BrianDEvans Editor's note: This column has been updated to disclose the writer's advocacy of blockchain technology--the underpinning of all crytocurrencies--and a Consumer Financial Protection Bureau warning about these investments. Cryptocurrency (digital currency) is taking off this year. New millionaires are being made almost daily as Ethereum , Bitcoin, NEO , Litecoin, Ripple, Stratis, and other cryptocurrencies reach all-time highs. It is becoming somewhat of a modern-day gold rush. Bitcoin is worth thousands of dollars. Ethereum is worth hundreds of dollars. For coins that were once worth only pennies, investors have made serious money in the past few years.It should be noted here that I am an advocate ofblockchain technology. Bitcoin might be the oldest, but it's not the only cryptocurrency on the block. In fact, the majority of people getting into cryptocurrency are flocking to Ethereum. Ethereum has had the most impressive gains this year after recently being the first cryptocurrency to be backed by major corporations such as Microsoft, Samsung, JPMorgan Chase, and others in what's being called the Enterprise Ethereum Alliance . Ethereum does for code and programming what Bitcoin did for financial transactions. For simplicity's sake, think of Ethereum like a more advanced and sophisticated Bitcoin backed and utilized by major corporations because of its technological advances and clear pathway to building a decentralized internet. Editor's note: Bitcoin and digital currencies, as with any investment, may involve the risk of lo Continue reading >>

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