Category Archive : Coins

In October 2021, bitcoin reached its peak point so far. For the first time in bitcoin price history, its value exceeded $66,000, which made analysts predict that this number would reach $100,000. This did not happen, though, and at the moment of writing in late December 2021, the bitcoin price stands even lower than its peak point, at slightly less than $52,000. So, the question — is bitcoin a good investment? What is its fundamental value, if it has any? To answer that, we should dig into some finance basics first.

Fundamental Value Concept in a Nutshell

In finance, fundamental value means the return on investment on assets. Simply put, if you have a cow, its fundamental value is how much milk it gives minus the money/work you spend on feeding, watering; in other words — maintenance. Renting an apartment is another good example — its fundamental value is the rent you get minus maintenance expenses.

That sounds pretty simple if we put it this way, but the practical reality is always a bit more complex. In our example of cows and apartments, another thing to consider is how you’ve gotten both assets — did you buy it (add to expenses), inherit, find in the woods? Just joking, but the point still stands. This already diminishes fundamental value because cows and apartments cost money, and both have their own (shelf) life.

Still, the most important factor that defines the fundamental value of anything, from cows to bitcoins, is market demand. When everyone in the area lives a vegan lifestyle, cows have no fundamental value because no one will buy your milk or meat. Apartments have their specifics, too — if it is next to a spaceport, the next Firefly launch will render it pretty much useless.

The same logic applies to national currencies and cryptocurrencies like bitcoin, even though they have differences.

Evaluating National Currencies

Ok, so we use paper money and credit cards today — do paper sheets and digital numbers have any real fundamental value now that the gold standard has been abandoned? Well, yes and no. Today’s fiat currencies are no longer backed up by a vault of gold and have more of a ‘reputation’ value. Sure, finance experts have six other parameters — scarcity, utility, divisibility, durability, transportability, and resistance to counterfeits — but in practice, it all goes down to demand and supply.

Money exists because people need a medium of exchange, and national currency value depends on the economic strength of the state issuing it. For example, people deem the US dollar valuable because the US has an advanced economy and supplies goods worldwide. Many people believe it will stay this way, so USD has value.

But what about bitcoin? Well, bitcoin worth also depends on faith, but with a twist.

Read more: Making sense of bitcoin, blockchain, and cryptocurrency in detail

How Do We Set a Bitcoin Value?

Unlike gold, bitcoin mining is not so tangible, so setting a value on it is pretty tough. This cryptocurrency is not backed up by any real-life assets, which makes it no different from any other national currency — except that bitcoin is not backed up by governments and economies either. Simply put, bitcoin is a private fiat currency. But what makes it valuable then?

Bitcoin trading, pretty much like everything else, relies on demand. As a medium of exchange, bitcoin has some features in common with national fiat money. Its supply is, arguably, not endless, so bitcoin has a scarcity feature; it can be divided into more decimals than most national currencies; bitcoin is tougher to counterfeit than most currencies, and it is definitely durable and transportable.

But what about bitcoin utility — perhaps, the most realistic indicator of money’s worth? To make bitcoin truly worth something, people will actually need to start making cryptocurrency transactions in exchange for something else. So far, this aspect lags behind because the only state that accepts bitcoin as a medium of monetary exchange is El Salvador. At the same time, USD remains just as valid there, and after bitcoin was acknowledged as a valid currency, massive protests surged.

On a corporate level, many online platforms support bitcoin payments already, but the only major company that accepted it in exchange for tangible goods was Tesla. Was. Because Elon Musk’s company abandoned its bitcoin practices less than two months after initiating them.

So, Is Bitcoin Valuable?

Bitcoin news exploded after the currency reached its peak value in October 2021. However, its further value has not reached an estimated $100,000 prognosis so far. Curiously, analysts also attempted to estimate the real bitcoin value based on the total amount of monetary mediums of exchange (cash, digital assets, gold, etc.) The latter stands at $52.1 trillion, but another issue arose — how do we set money valuation? Especially given that money valuation (that is, an agreed amount of an asset’s estimated worth) is as intersubjective as currencies’ fundamental value?

If we think of bitcoin as digital gold that is not endless, it has all the chances of becoming more valuable than gold because bitcoin is supposedly more scarce. That, however, does not explain why the bitcoin price, after reaching $64,000 in April 2021, dropped to $30,000 next month. In other words, it’s not always about scarcity and supply — it is about demand.

Will bitcoin demand persist? No one can say for sure now especially given multiple bitcoin enthusiasts and promoters. Still, unless people actually start using this cryptocurrency as a widespread payment method, bitcoin futures are not so bright.

Check out: What You Need To Know About Bitcoin Taxation: How To Avoid Getting In Trouble With The IRS

It’s no secret that cryptocurrency investors are sitting on high profits, given that this year Bitcoin and Ethereum gained 100% and 470%, respectively, according to a report on Barrons. As crypto owners continue to create wealth from bitcoin profits, they need to prepare for the new tax laws. Undoubtedly, Washington DC sees the crypto industry as a vast and growing new source of collecting tax revenue. In fact, in the infrastructure bill signed by President Joe Biden recently, congress added several tax-reporting standards for crypto businesses and brokerages.

Additionally, the government expects to raise approximately $28 billion in ten years through monitoring and taxing cryptocurrency transactions. It also aims to crack down on crypto owners who under-report their gains. So, if you’re looking to invest in Bitcoins, ensure you know all about cryptocurrency taxation to reduce the risk of hefty penalties for non-compliance. Read on to learn more about bitcoin taxation and how to avoid getting into trouble with the IRS.

Understand What The New Law Changed

Based on the new infrastructure expenditure package, digital wallets and decentralized platforms for trading and lending cryptos will have to report tax information to brokerages like Coinbase. These brokerages will then provide the IRS with tax forms highlighting detailed transaction records of clients, the same way bond and stockbrokers do. Typically, crypto brokers will have to provide clients’ names, addresses, and contact details. They’ll also have to state their customer’s gross proceeds from crypto sales, including capital gains and losses. Even more interesting, individuals who receive over $10,000 will be required to disclose the sender’s identity. This regulation is similar to the anti-money laundering law for cash transactions exceeding this amount.

Bitcoin And Other Cryptos Are Considered Property

Cryptocurrency tax laws can be complex, but complying with IRS regulations isn’t all that difficult. As a crypto investor, you need to learn how cryptocurrencies are taxed so that you can comply with IRS rules. As a rule of thumb, bitcoin isn’t treated as a currency but as property. This means that bitcoin is susceptible to capital-gains tax on net profits generated from a sale. Ideally, if you sold bitcoin by trading it on the exchange market or cashed out to purchase goods or services, you’ll likely owe taxes. Note that you’re subject to taxation if the value you sold bitcoin at is greater than the initial price you acquired the bitcoin (realized value).

Depending on the realized value, you may be liable to a capital gain that’s taxable at short-term or long-term rates. Short-term capital gains tax applies to bitcoins sold within one year of acquiring them, and they are taxed like ordinary income, with rates ranging from 10% to 37%. On the other hand, long-term capital gain tax rates range between 0% to 15% and 20%. For taxpayers with more than $200,000 in investment gains, a surcharge of 3.8% is added to their long-term capital gain tax. Another aspect regarding crypto taxes you need to be aware of is tax liability linked to bitcoin mining. When you acquire bitcoins through mining, the value becomes taxable immediately, meaning you don’t have to sell your digital currency to owe taxes.

Record-Keeping Is Critical

Tracking your cryptocurrency transactions is key to ensuring you stay on the right side of taxation rules. With this in mind, keep records of the fair market value of your bitcoins when you bought or mined them. Likewise, you need records of the market value of the virtual currency when you traded it on the exchange or used it to buy goods or pay for services. When you have accurate details of your cryptocurrency activities, calculating your bitcoin taxes becomes quite easy. However, your crypto transaction records might not be readily available. In a typical investment market, your stockbroker sends a 1099-B form that shows your transaction costs.

But when trading with bitcoin, it’s likely that you won’t receive a Form 1099-B, one of the key reasons many crypto investors are unaware of their bitcoin tax obligations. As a result, they end up getting into trouble with the IRS. While a form 1099-K may be issued if you make payments worth $20,000 and record 200 transactions annually, you must meet both transactions. In most cases, crypto investors don’t transact 200 bitcoins. Nonetheless, you’ll still be liable to taxation, whether you meet the threshold or not. It’s worth noting that the Internal Revenue Service won’t take pity on you if you fail to pay bitcoin taxes, even if it was an honest mistake. Therefore, make it a habit to record your transactions and organize your paperwork.

Bitcoin Theft Has Negative Tax Implications

Losing bitcoins due to theft is frustrating. And while you have been able to deduct stolen bitcoin from your taxes before, you can’t under the new tax laws. That’s because the new taxation rules don’t allow taxpayers to deduct property losses. Another IRS rule that doesn’t seem favorable for digital currency owners is the like-kind exchange. This activity entails trading multiple types of property for the same kind of property without incurring taxes immediately, something the Internal Revenue Service has allowed investors to engage in for decades.

Before implementing the new crypto tax rules, bitcoin owners inquired whether they could participate in a like-kind exchange with other virtual currencies. The response was unclear because of whether one digital currency was like-kind to another crypto. Currently, the new tax reforms limit like-kind trading to real property only. This means you can’t trade personal goods under like-kind exchange.

There’s Tax Relief For Bitcoins

Bitcoin taxes can be stressful, but fortunately, you can deduct capital losses on cryptocurrency like you would when trading stocks and bonds. Bitcoin losses can help offset other capital gains from your sales. Remember, once you have calculated your gains and losses, you can only write off crypto losses of up to $3,000. Given that bitcoin prices keep fluctuating, you’ll likely incur losses. All you need to do is declare your losses on tax returns to increase the chances of reducing your bitcoin tax rates. Failure to file your bitcoin taxes can result in fines and penalties. The IRS might also choose to conduct an audit. So, whether you have had capital gains or losses, make it a habit to report your crypto transactions.

Crypto Gifts Are Taxable

If you give bitcoin to a friend or a younger relative, the IRS will treat the gift like any other. This means your crypto gift will be taxed, more specifically if it’s worth more than $15,000. When the time comes for the recipient to sell the crypto gift, the price basis remains the same as the givers. However, there are several ways you can avoid the gift tax. For instance, instead of gifting funds, you can use bitcoins to pay directly for educational or medical expenses.

Cryptocurrency taxes can be tricky, so you’re likely to get into trouble with the Internal Revenue Service in various ways. For this reason, it’s important to understand that you may owe taxes if you own or carry out transactions using bitcoin, and that’s because the IRS considers cryptocurrencies as property. Another way to ensure you comply with crypto tax laws is to keep bitcoin transaction records and declare losses when filing tax returns.

That’s not a speculation but a fact that the crypto industry is influencing every market of the conventional world system. And for overarching influence is due to the innovation and concepts based on decentralization. For the concept of trade and finance, a relatively new term in the blockchain world, Defi is being used everywhere and growing into a world of its own. The complete ecosystem of decentralized finance is creating uncountable opportunities for crypto lovers and traders.

With the advent of Blockchain and the possibility of a completely transparent trading world, it is revolutionizing every sector of the market including finance. You don’t need centralized exchanges with uncompromising transaction fees and lengthy operations for trading anymore.

Decentralized exchange is considered as the future of banking because it makes the whole system independent of central authority. Moreover,

But the question arises; Whether we can effectively and easily trade binaries options for your important wealth. The answer is YES! Tytanid is a decentralized trading platform where you can not trade in favorable conditions and offer peer to contact, 100s of assets, and a fully decentralized platform. Defi is the first platform that offers to stake and implements binary options trading. Also, the solutions are implemented such as optimism to significantly reduce the transaction fees.

You can Tytanid’s user-friendly and effective peer to contract model. This means there is no need for a central authority, connect yourself peer to peer for trading. It offers Synthetic assets, commodities, stock, and other 100s of the asset. Also, It’s extremely user friendly, easy, and

As a trader in the crypto world, it’s necessary to learn about the prospects of the market and what other platforms are offering. Fierce competitors are battling for authority in the trading world and making the best conditions for the customers.

Without further ado, let’s explore some of the most exciting crypto exchanges for Ethereum with the best policies and conditions for the traders.

Coin base

Coin base is considered one of the top contenders for providing an outstanding trading experience to the world. The easiest and most costumer-friendly platform to buy and sell any kind of cryptocurrency without any hassle. Extremely user-centric policies with low spread percentage and low transaction fees ranging from $0.99 to $2.99.

Binance.US

Taking over the crypto exchange world, Binance’s unique selling point is a low transaction and spread percentage for the traders. It offers user-friendly conditions with a 0.1% trading fee for buying and selling and 0.5% for instant trade with US cards and deposits. The Binance is easy to operate and trade.

Kraken

With the emerging brilliance in the crypto exchange and trade market, Kraken is taking seas of customers to their platform because of future and margin trading. The transaction fees are pretty low, in most cases 0%, and go as high as 0.26%. Fast platform and easy to work with, sign up and buy 50+ cryptocurrencies now.

Tytanid

With an extensive catalog of cryptocurrencies, you get the chance to choose from the vast categories and options. The most secure and user-friendly environment of the platform provides the users with much-needed confidence to excel.

Tytanid is a widely acclaimed Staking platform offering a fully automated trading experience. It offers secure and transparent conditions and low transaction rates for traders. It can create your binary options market using a wide range of Asset bases. Start with 50$, create your binary market, or trade cryptocurrencies, flat money, shares, and commodities at most user-centric rates. It is extremely easy to use and suitable for all the learning beginners as well as learned traders. Buy-sell, or earn your cryptocurrencies rapidly.

Gemini

One of the most prolific platforms providing the state-of-the-art experience for crypto trading, Gemini is an easy and favorable platform to buy, sell, or store your currency. A most suitable platform for Bitcoin and ethereum traders, it offers very competitive rates. $0.99-$2.99 fee for USD web and mobile transactions between $10 and $200 and 0.50% convenience fee; 3.49% debit card transfers.

Also Check: What are the Best Cryptocurrency Exchange Websites in 2021?

When Bitcoin is surging more than ever, the more ways to acquire it the better. There are a lot of ways to trade it with other values. A gift card is a prepared money card common in the US, Europe, and other parts of the world.  And what could be a better option if we can trade our unused gift cards with ever-soaring Bitcoins, sound fair?

Starting in 1994, gift cards are gaining more popularity everywhere. In 2006, it emerged as billions of dollars worth of industry not only in the US but entire Europe. And also other parts of the world. And now almost every popular and stand-out brand gives gift cards to their customers-Apple, Netflix, Walmart, PlayStation, and countless other giants.

These are money cards with a stored value that is used for various purposes. It might be promotion by retailers, rewards for employers, or marketing purposes, but it gives delight to the receiver. It has value that can be utilized in buying whatever you want. Its scope is not confined to the banking industry but airlines, hotels, restaurants, and many other lucrative industries.

Gift Card to Bitcoin

Presmit is renowned for pioneering the art of trading gift coins for Bitcoins. It provides state-of-the-art solutions by making instant trade possible. Yes! you will get the cash in your account the moment after trading. Make most of the post covid booming online trading and cash your gift cards in the best way possible. Presmit is paving way for acquiring luxury bitcoin to kickstart your trading career. You are offered gift cards from all the big brands such as American express, google play, iTunes, Sephora, and many more.

IT’S VERY EASY!

P2P trading and marketplaces are getting the attention of the whole Commerce world. It’s because of the reason that the methods of trading are getting simplified and easy. Moreover, the platforms are also getting advanced with favorable user policies. Presmit is competing with the world because of its high-class services and next-gen solutions to the problems. It’s very simple to convert your gift card to Bitcoin without anything to worry about. The process is totally reliable, secure, and trustworthy for the traders. You don’t have to worry about instructions and guidelines, because it’s straightforward.

• Register your account to the website and log in.
• Choose and select the gift card you want to trade.
• In return, select the bitcoins you want.
• Instantly get confirmation and get the money credited to your account.

The Right Choice

The world of crypto is indeed the future of the trading currency. It’s better to have instant ways of cashing the valuables which you get for years of spending on giant brands. People around the world are investing their time and money in the brands in return for their products. Apple, eBay, Uber, and numerous top-notch brands become liable to reward their customers. And these valuable cards can be traded in exchange for crypto at the most favorable exchange rates. That’s why it can really increase your profits. Then why don’t you choose it instead of consuming it?

It WORKS Everywhere

Though the process takes mere minutes to complete the transaction, it’s worth it. The rates are increasing for exchange, and it’s expanding globally very fast. The convenient and accessible gift cards can be bought from any retail store. The P2P trade boom is taking the entire world to invest and spend more time and money into the crypto universe. And when the platform is trusted by people from every corner of the world. It makes sense to stop, see, and make the best out of the remarkable Presmit opportunities, including a gift card to Bitcoin conversion.

Read more: Behind the Best Crypto Gift Idea: Bitcoin Trophy

BTC-Trends Review

There are a lot of legitimate brokerage firms present in the online trading industry, such as BTC-Trends, which help traders enjoy a seamless trading experience. If you’re having trouble trusting brokerages, this BTC-Trends review will help you understand what makes a trading platform genuine and trustworthy.

Trading was not as successful when it first started, and it only began to grow up after cryptocurrencies got famous. Because it was around that time that investors recognized the financial advantages of investing in cryptocurrency, and everybody wanted to try it at least once. As a result of the large number of traders who entered the market, it became overcrowded. This is due to the fact that traders require brokers in order to participate in the market. Most of those new brokerage firms turned out to be unreliable, so traders are right to be concerned about the possibility of being deceived. However, there are ways to avoid it. One of them is to investigate the broker you want to partner with, and this review may help you determine whether or not it is a reputable platform. And you can be confident in BTC-Trends because its aims have been verified via its stellar reputation. So take a look at this review and learn more about yourself.

Trading Platform

One of the things that every trader desires are the freedom to trade in the manner they want, which may include using their preferred device. Traders like to trade through their preferred device, whether it’s a desktop, laptop, smartphone, or tablet. What makes you think they won’t be able to achieve it? Admittedly, traders have rights, and BTC-Trends is a firm that supports this notion by offering such a sophisticated trading platform.

BTC-Trends choose a web-based platform because it is the most efficient option. So, if you’re looking for a flexible trading platform, BTC-Trends is your perfect option. Any device with internet service can access the trading platform. Another advantage of the web-based platform is that you won’t have to download and install any software or applications in order to trade. Alternatively, you can go to the website, register, and begin trading. Isn’t this the most practical method of trading? Why don’t you give it a shot with BTC-Trends?

Encryption

Because the internet is dangerous, and online trading is much worse, having encryption software is one of the most efficient ways to safeguard traders. When a trader first registers with a brokerage, the first step is to provide all of your personal information, which must not get into the hands of hackers. This is a point to worry about for some traders, particularly those who are security conscious. And, as I previously stated, using encryption software by a broker is a good type of protection.

So, what exactly is encryption? This software aids in the protection of data by transforming it into codes. If you’re concerned that attackers might well be able to obtain these codes, be assured that this is impossible because encryption ensures that the coding is invisible. That should reassure you that BTC-Trends is looking out for your greatest advantage, as all of your private details will be protected and safeguarded from unauthorized access. And the precise encryption that.

BTC-Trends use is two factors authentication, and knowing this should give you confidence that BTC-Trends is a completely safe place to be.

AML and KYC Policies

BTC-Trends also Know Your Customer KYC and Anti Money Laundering AML regulations. The purpose of following these policies is to ensure customers that BTC-Trends is a regulated platform that works under the regulatory bodies. Moreover, no money is involved in money laundering or terrorist funding.

Conclusion

I wish traders to have wonderful experiences and be self-sufficient. And it appears that BTC-Trends offers traders a variety of options for doing so. It brings several other benefits like cutting-edge technology that is ideal for today’s traders.

Read more: BitOpps Review – Why Should You Join This Broker?

Nowadays, most people have become familiar with the terms like bitcoin, cryptocurrency, blockchain, etc., across the world. These components might appear to be significant to the individuals working with cryptocurrency-based platforms. Cryptocurrency-based transactions are more secure, safe, and convenient compared to other traditional transaction methods.

Besides, online gambling and betting have become an efficient revenue-generating source for businesses these days. To create such a gambling platform for your business, you should have a robust knowledge of crash game source code. You can look at here now for best bitcoin gambling scriptand develop your own crash game source code.

Now, let’s take a look at some efficient information regarding bitcoin, blockchain, and cryptocurrency. Besides, you can take the help of your experienced financial experts to get your concept cleared.

What is cryptocurrency?

Cryptocurrency is a specific medium of trading currency, just like the US dollar or Indian rupee. But, the most crucial thing is that bitcoin is a digital currency in nature, and it utilizes special encryption techniques to manage the creation of monetary units. It collects several binary data to verify the transfer of monetary funds also. So, you will have to exchange real currency to avail cryptocurrency and access cryptocurrency-based online goods or services.

As per a source, almost 10000 different cryptocurrencies are available in the trade market at present. Besides, the usage of cryptocurrencies is frequently increasing as it enhances the value of money through initial coin offerings (ICOs).

The main reasons behind the popularity of cryptocurrency

Some of the foremost reasons for which cryptocurrencies are becoming so popular in the trade market are as follows.

• There is a hype that cryptocurrency might appear to be the future currency. Hence, people are rushing to buy them and collect several cryptocurrencies before it gets more valuable.
• Cryptocurrency takes out central banks from controlling the supply of money when these banks will try to turn down the value of money through inflation.
• Cryptocurrencies work with an advanced decentralized technology and recording system. Hence, they are more secure than other relevant payment options.
• Cryptocurrencies have no interest rates in their long-term acceptance.

The legality of cryptocurrency

Cryptocurrencies are legal in almost every country across the world except China, as they banned their usage recently. Although, its legality depends on the rules and regulations of each country. However, always keep yourself focused on protecting yourself from fraudsters while purchasing cryptocurrencies.

Read more: Day Trading Cryptocurrency: Best Success Strategies

Are cryptocurrencies good for investment?

The value of cryptocurrency may go up, but it might not appear to be beneficial for many investors as it does not generate cash flow. Hence, if you want to profit from cryptocurrency, someone has to invest more in the currency than yours. Therefore, in terms of stability and cash flow, do not rely on cryptocurrencies for future benefits altogether.

What is bitcoin?

Bitcoin is the most popular type of cryptocurrency that made its appearance in the year 2009. There is no need for any middle man or banks to complete the bitcoin-based transactions. The use of bitcoins is available in various hotels for booking rooms, purchasing in shops, online crash gambling games, etc. The bitcoin price has become so high since 2017, and its trading reached the top peak from then.

Why should you prefer bitcoins?

Bitcoins can be utilized to purchase stock incognito. Furthermore, international transactions with bitcoins are convenient and cheap as bitcoins are not attached to any nation or dependent upon any guidelines. Small startup businesses might take bitcoin into action as there is no need to pay for credit card charges. On the other hand, some people purchase bitcoins as an investment by hoping that their value might accumulate in the future.

How can you buy bitcoin?

You can purchase or sell bitcoins through various marketplaces named “bitcoin exchanges”. The interesting fact is that people can buy bitcoins using different currencies with the help of these marketplaces.

Some crash game platforms are available in the market that offer their users a chance to win bitcoins. These gambling games are pretty compelling and popular all over the world. If you want to create such a crash game gambling script, look at here now for bitcoin gambling script.

What do you mean by Blockchain technology?

Blockchain technology refers to a decentralized, distributed ledger technology that keeps the record of the source of a digital asset. The most important thing is that due to its inherent design, it is impossible to modify the stored data of blockchain. Therefore, blockchain technology has become one of the most legitimate disruptors for the top-notch industries regarding payments, healthcare facilities, data confidentiality, and cybersecurity purposes. Cryptocurrency utilizes that blockchain technology to track and secure every transaction within its premises.

To understand its working method most simply, you can take the example of Google doc. When we prepare a document and share it with other people, the specific document gets distributed instead of being copied or transformed. Besides, it establishes a decentralized distribution chain that allows everyone to access the particular document at the same time.

Read more: What is Blockchain Advertising? Guide to Crypto Advertising Strategy

Types of blockchains

There are four types of blockchain available.

i) Public blockchains:

Public blockchains are basically open, decentralized networks of computers that are accessible to the individual waiting to initiate or validate a transaction. Besides, the persons who validate transactions earn several rewards. Bitcoin and Ethereum are the two common examples of public blockchains.

ii) Private blockchains:

Private blockchains are not open like public blockchains as they have a few access restrictions. If anyone wants to join a private blockchain, they will need permission from its system administrator. These blockchains are centralized and managed by a single entity.

iii) Hybrid blockchains:

Hybrid blockchains are also known as Consortiums, are an amalgamation of private and public blockchains. They include both centralized and decentralized features.

iv) Sidechains:

The blockchain that runs parallel to the main chain is defined as a sidechain. It helps users to transfer digital resources between two individual blockchains. Moreover, it enhances the scalability and efficacy of the digital assets also.

Conclusion

Hopefully, our article has helped you get sufficient knowledge regarding bitcoins, cryptocurrencies, and blockchain technology. If you want to create a crash gambling platform, look at here now for bitcoin gambling script. For further assistance, feel free to contact us.

Related: When is the Best Time to Invest in Bitcoin

Emerging on the crypto market at the end of 2021 as a new breeze, Bank Ripple is a potential “Play to earn” NFTs project that can thrive in the long run. NFT or Non Fungible Token (Non-fungible Token) is no longer a strange concept for those who participate in digital currency investment. The difference of NFT is that it is a unique cryptocurrency that cannot be replaced by another NFT. Appreciated by experts over regular Bitcoin for its ability to uniquely identify, NFT will undoubtedly be the future of digital assets.

Ecosystem of Bank Ripple

Bank Ripple is one of the first decentralized exchanges to run on Ripple. Bank Ripple ecosystem includes DEX, Wallet and NFT Marketplace. Bank Ripple is a platform that opens up payments for XRP in a safe and simple way for users. This is Ripple’s open developer monetization platform.

The Bank Ripple ecosystem uses the utility token $BRP for everything, including auctioning and trading NFTs, buying slots on the virtual reality exhibition, paying royalties to authors when there is a transaction. success…

With a flexible distribution of Comics Tokens and a very small amount of tokens after IDO circulated, it will create a great scarcity for BRP Token. The staking program to receive rare NFTs right after IDO will be the basis to witness the spectacular growth of BRP Token in the near future.

Road map – Development roadmap

Bank Ripple development roadmap 2021

October 2021 – Airdrop and build community

November 2021 – Token Sale – First sale

December 2021 – Launch of AMM exchange, launch of Gaming Zone Ecosystem

To date, Bank Ripple has been perceived by many analysts as a realistic and relatively accessible project. Applying the GameFi model and crosschain chain to work, Bank XRP is not a small concern for passionate “gamers” in the country.

Bank Ripple 2022 Development Roadmap

January 2022 – Announced list of important exchanges Bank Ripple can cooperate with in the near future

March 2022 – Launching the NFT market, upgrading the gaming system to VR Gaming

April 2022 – Launchpad Launchpad Support Gaming Zone

November 2022 – Launch of Bank Ripple Metaverse with Token chain: BRU / BRM / BRL

After completing the basic Multi-Platform Transaction System, Bank Ripple’s construction team as well as investors want to connect with international information and communication channels, in order to expand the market size as well as expand the market. reach new audience of the project.

Expected long-term development

November 2023 – Planning to launch Bank Ripple Metaverse 2.0

November 2024 – Bank Ripple Metaverse and Launchpad overview fix update

Those are some of the notable milestones Bank Ripple announced in the near future, a fast and outstanding development that competes with other Blockchain platforms such as Ethereum, Polkadot, Solana, Avalanche, etc.

Time of 3 rounds to open the token version

To create an opportunity for early investors, the Bank Ripple team decided to open the sale of NFTs and tokens early. The purpose of these sales is for those who are interested in the project to easily access and own, use the Beta version of Gaming Zone Bank Ripple and then give corrections to improve the project. Ecosystem.

Round 1: SEED ROUND

Open for sale: 8.5%

Entire: 85 million BRP

Estimated selling price: $0.02

Estimated investment price: $100 – $500/1 purchase

Unlock: 10% of total tokens

Estimated start date: November 1, 2021

Expected end date: November 15, 2021

Round 2: BETA SURVEY OPENING ROUND

Open for sale: 4.5%

Total: 45 million BRP

Estimated selling price: $0.03

Estimated investment price: $500 – $1000/1 purchase

Unlock: 12% of total tokens

Estimated start date: November 18, 2021

Expected end date: November 25, 2021

Round 3: OPEN ROUND FOR PUBLIC SALE

Open for sale: 1%

Total: 10 million BRP

Estimated selling price: $0.05

Estimated investment price: $ 1000 – $ 10000 / 1 purchase

Unlock: 40% of total tokens

Estimated start date: November 28, 2021

Expected end date: November 30, 2021

That’s the Betaverse’s Metaverse build roadmap and the rounds to call for investment. If you have the potential of this Project, please quickly contact and join hands to develop the ecosystem.

Conclude

Bank Ripple’s ecosystem promises to develop in a diverse and fast way, is one of the most potential projects in 2021. Follow our media channels for more details of the project. This potential NFTs project:

Linkedin: https://www.linkedin.com/posts/linh-neo-b7321ab7_blockchain-bankripple-brp-activity-6855435632236470272-q8qn

Twitter: https://twitter.com/BankRipple_BRP/status/1449824169307213825?s=20

Web: https://bank-ripple.com/

Telegram channel: https://t.me/BankRipple_channel

Facebook: https://www.facebook.com/BankRipple.BRP/

Instagram: https://www.instagram.com/bank_ripple/

Cryptocurrencies have been around since the 2000s and are starting to become a staple form of investment and payment. A recent report found that 106 million people around the world are using crypto because it is highly accessible. Another survey found that 34% of crypto traders buy and sell monthly while 33% do so weekly.

Because cryptos are new and unregulated, it may be daunting to add them into your investment portfolio, but this shouldn’t be the case. If you want to try your hand at becoming a trader, but are not sure when the right time to invest is, then here are some tips that you can use to kick off your crypto journey:

Use the Dollar-Cost Averaging Strategy

This is a strategy used by many people to only invest in small increments rather than putting all their money in at once. You can take advantage of prices dropping in anticipation that they will rise again, leaving you with a profit. This means that instead of finding a good opening, you jump right into the market without much risk.

You can do this by having a set amount of money you want to invest into crypto and buy cryptocurrencies during set periods. Timing is important when it comes to knowing when to purchase cryptos, but with this method, timing becomes a smaller factor. Rather than waiting for the right opportunity, you can invest whenever. This is a good strategy to try for newbies who want to be able to invest more for less.

Invest During the Initial Coin Offerings Stage

Initial coin offerings (ISOs), are cryptocurrencies you can buy before a company launches them onto trading platforms. This makes it possible for you to get them for cheaper prices as compared to purchasing them for retail value. For those who want to invest in crypto but aren’t willing to spend on currencies that are already priced high, then this is a great option.

It takes a bit of market research in finding what companies are creating new coins, but after that, it becomes an easier process of joining the exchange they trade on and buying in. The downside of doing this is that a company’s success is unpredictable. For instance, the Algo was expected to be a huge success upon release, and many people invested in it. But within its first three months of being on the market, its value fell by 94%. It is a risky investment but one that can pay off big in the long run.

Purchase When Money Flow Index Hits 100

A money flow index (MFI) is something many traders use to analyze the market value of a cryptocurrency. It can typically tell you whether a currency is overbought or oversold and an MFI of 100 typically means the former. If you are not sure when to jump into trading, it is recommended to do so when the market reaches this value because it means that there is a higher possibility of triggering a profit. This is due to more people seeking to invest in the currency.

If you play your cards right, it is possible to sell your crypto for a higher price than what you originally purchased it for. Remember that it is still important to do your research on the movement of the market to know whether the market will have a bearish or bullish movement, so you make the most of your investment.

Cryptocurrencies are proving to be strong investments in an increasingly digital world. Before you decide to try your hand at trading, be sure to do adequate research on the market’s movement, and try to use these tips to get the most out of your purchases.

Related: Behind the Best Crypto Gift Idea: Bitcoin Trophy

Kripton

COMPANY BACKGROUND

We are L-Pesa Microfinance, a fintech pioneer in the developing world. With 18 months of operating experience and advanced technology to automate most processes, the company is positioned as a pioneer ready to capitalise on rising microfinance demand. That it lacks funding for user acquisition and lending now prevents it from growing. The loan loss ratio is around 10% and the return is about 25%.

The Problem

Microfinance has a long and illustrious history of meeting a basic need, spanning ages and continents. Microfinance is a well-known idea. Microfinance via L-Pesa, on the other hand, is unquestionably. Traditional microfinance has a limited reach, and solutions have mostly been aimed at impoverished farmers and small business owners, ignoring the needs of the world’s 42 percent.

Powering A Paradigm Shift

In emerging nations, middle-class consumers and company owners have an unmet credit demand, but the existing financial infrastructure does not enable credit underwriting. In emerging nations, middle-class consumers and company owners have an unmet credit demand, but the existing financial infrastructure does not enable credit underwriting.

Serving 42% of the World’s Population

The market is massive: L-target Pesa’s nations account for 42% of the global population. This is about more than just helping the unbanked. L-Pesa not only offers token holders access to credit, but it also allows them to directly profit from the L-Pesa network’s development by allowing them to earn weekly revenue in proportion to their token holdings.

The L-PESA Solution

L-Pesa has taken advantage of these market dynamics by creating technology and an unique credit scoring methodology that enables it to rapidly expand microlending in developing nations while maintaining loss rates around 10%. Because the system is largely automated, a small back-office staff can handle high-volume loan origination. L-Pesa manages all of the loans.

A Token to Revolutionize Microfinance

The L-Pesa token is what makes L-Pesa possible. Users will get access to credit and be able to improve their credit score by using the token.

L-PESA TOKEN

Microfinance Will Be Revolutionized By This Token. The L-Pesa token is what makes L-Pesa possible. Users that use the token will get access to credit, be able to improve their credit score, and be able to pay fees. The more individuals who use the L-Pesa token and network, the more they profit – it’s a win-win situation.

PLATFORM

L-Pesa is a financial technology platform that provides innovative financial products and services to consumers and small businesses in Africa and Asia.

MICROLOANS

Microloans, the L-Pesa platform’s initial product, enable users to establish or develop a company, pay for school, or support their other life goals.

We’d like to express our gratitude to CMC for all of their hard work and cooperation in completing all L-Pesa requests, including a self-report dashboard. We’ve made a lot of progress since we began the LPK DAPP integration. Stay tuned for more amazing news!

Recent progress

The milestones the Kripton (LPK) has reached so far:

Coinpaprika, CryptoRank io, CoinCodex Cryptocom, LiveCoinWatch, CryptoCompare, CoinCheckup, and Coingecko are among the sites that feature the Kripton (LPK). All of this happened just one week, and behind the scenes, we’re working on some really exciting things. Keep your eyes peeled for further details.

Starting with the introduction of the L-Pesa Platform in 2014, the Kripton team moved on to introduce L-Pesa in Tanzania, which was followed by Kenya the following year. Airdrops for the Kripton LPK began at the end of 2017 and will continue into 2018. Uganda, Africa, was the first country to use the L-Pesa token. According to the creators, the initial coin offering (ICO) started in 2018 and concluded in June of the same year, respectively. The Token distribution campaign had come to an end before the end of the year, and the repurchase programme had started. The LPK currency launched a savings scheme in the form of LPK coins. Developers created the LPK currency app in 2019 to aid in the repayment of debts. The LPK was first introduced in India in the year 2021, and it has since expanded to include additional African markets such as South Africa. L-Pesa intends to expand into other countries after conducting a thorough evaluation of the legal and regulatory environment, as well as the availability of payment processing partners in those countries. According to financial estimates, L-Pesa is anticipated to be operating in 10 countries or regions by the end of the year 2020. India is one of the ten nations on the list, and it is much bigger than the other nine. In addition, a pan-African solution is being considered, which would enable L-Pesa to target consumers in a wide range of African nations without the requirement for local operations and compliance inspections in each of those countries.

L- Pesa’s creator, Ron Ezra Tuval, has already contributed about $500,000. When the business started operations in Tanzania in 2016, it was followed by an expansion into Kenya in August 2017. Uganda and India have both started soft launches in preparation for their official debuts. The technology used by the business is dependable, scalable, and proven, and it will aid in its expansion. Because there is not enough money to lend to everyone who wants to borrow, L-Pesa has hit its limit in terms of growth. The potential for user acquisition is virtually unlimited, but it requires the expenditure of money on marketing and support staff. A large portion of the world’s population needs financial services, and the company is now seeking outside financing to capitalise on its market-leading position, powerful platform, and almost unlimited potential to offer such services to that population.

A genuinely virtuous cycle exists when more individuals use the L-Pesa currency and network, which results in increased benefits for everyone.

Website Details:

Link: https://ico.lpesa.io/

Twitter: https://twitter.com/lpesamicroloans

Telegram: https://t.me/lpesaICO

Instagram: https://www.instagram.com/lpesamobile/

Facebook: https://business.facebook.com/Lpkripton

About Pancakeswap

The first question here arises before discussing pancakeswap that what is pancakeswap? So pancakeswap is a decentralized exchange built for a binance chains chain. It also has a resemblance with Uniswap because it uses a liquidity pool and Automated Market Makers (AMMs). Pancakeswap is similar to Uniswape for binance smart chain. It has cheap case prices as compared to Uniswape, so it is beneficial to use pancakeswap. This is because binance is considered to be the proof of stake network du to that it allows transactions to be faster and cheaper.

Liquidity Of Pancakeswap

This application has anamount of liquidity of $16,473,881,538 currently and making it thelargest DEX for Binance Smart Chain (BSC). Although it is considered that the pancakeswap’s volume is lower than that of Uniswape because Uniswape had more time than that of pancakeswap. It is gradually increasing and CAKE is making its position among the top 10 decentralized exchanges.

How to Use Pancakeswap Decentralized Exchange

There are numerous wallets one can use for Pancakeswap including a trusted wallet MetaMask, and Math wallet. It is easy to learn about the usage of pancakeswap. Choose the token you intended to trade. While choosing trade you out to make sure that you have to lend to trade. Click on the trade option at the left corner. Before you trade, you need a wallet for pancakeswap. If you already have another wallet then you just need to connect it with pancakeswap. After clicking on the trade options one can swap any Bep20 in front of any Bep20 Token.

You can navigate yourself by just simply clicking on the trading option. Other than this you only need a wallet for Pancakeswap.

Why Pancakeswap Exchange

One can easily see the neat features in Pancakeswap on itsleft-hand window navigation, whereare some farming and pools options. Pancakeswap also has unique exchange rates. Farming on this decentralized exchange can provide variable annual percentage rates. Considering these ( APRs) you are farming. Let’s discuss some of the features of the Pancakeswap exchange.

• Numerous games are available on this application.
• Lottery tickets are also available one can buy tickets and can win rewards.
• Its prediction features allow users to guess the price at any time.
• Users can get cakes, coins, and many rewards in case if they guess correctly.

Is Pancakeswap Safe?

As a decentralized exchange, Pancakeswap seems completely safe. It has been operating for five months without any issue. The team of Pancakeswap exchange has gone as far as to audit it with CertiK and the results show that it is all secure.

Bottom lines

Pancakeswap exchange benefiting many users in current times. Still, there are some risks involved in it. BSC is after that of Ethereum, so it leaves some space for cheaters to scam and allow them to abuse a newly developed framework. It is necessary to check that you are on the genuine website of pancakeswap to avoid scams. Never send your pancakeswap tokens to another domain as you will risk your coins. Bookmark the correct site so that you don’t need to check time and again.

Read more: Crypto Machine – The Best Crypto Trading Bot for You!