Category Archive : Bitcoin

BTC-Trends Review

BTC-Trends Review – Is This Trading Platform Really Trustworthy?

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?

bitcoin, blockchain, and cryptocurrency

Making sense of bitcoin, blockchain, and cryptocurrency in detail

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

Best Time to Invest in Bitcoin

When is the Best Time to Invest in Bitcoin

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

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

LocalBitcoins Clone Script

LocalBitcoins Clone Script – Launch a powerful P2P Trading Platform

Cryptocurrencies are undoubtedly the most lucrative financial assets in the world. It offers plenty of benefits like decentralization, immutability, protection against inflation, and transparency.  Peer-to-Peer (P2P) trading is the new trend now.  It allows crypto buyers and sellers to directly exchange assets with each other. Importantly, P2P trading platforms like LocalBitcoins remove the role of middlemen. Hence, investors need not pay any commission for executing a trading deal.

LocalBitcoins is a well-known P2P exchange in Finland where users exchange their fiat currencies with the leading cryptocurrencies.  It functions based on an Over-the-Counter (OTC) trading mechanism.  Entrepreneurs can make a big mark in the crypto era by getting a customized LocalBitcoins clone script from a top-notch app development company.

What are some insightful stats about LocalBitcoins?

  • It witnessed a 500% increase in trading volume – from Senegal in the first 3 months of 2021. Investors from the West African country are using more mobile wallets for executing consumer-to-consumer (C2C) transactions.
  • LocalBitcoins got 30,000 new users from Nigeria – this year. 1000 new traders from Kenya register on its peer-to-peer trading platform every week. It receives around $3 million in trading volume from Kenya every month.
  • 10,000 new traders from Ethiopia joined – the LocalBitcoins P2P trading platform in 2020. The overall growth was 500% when compared to 2019.
  • Tanzania (10,000), Uganda (5000), and Somalia (2000) – are the other major markets where LocalBitcoins got new traders.

What is LocalBitcoins Clone PHP Script?

It enables 24×7 trading of valuable Bitcoins through a person-to-person mechanism. Interested crypto traders will get real-time information about the price of Bitcoin (BTC) in local currency, the minimum investment limit, and the names of the sellers. Trained developers utilize the Hypertext Preprocessor (PHP) programming language to establish the LocalBitcoins clone script. Entrepreneurs will benefit from cross-platform compatibility, flexibility, high scalability, quick processing of buy and sell orders, reduction in overall operating costs.

Read more: Is this the right time to Buy Bitcoins?

The core features of the LocalBitcoins exchange clone script

Buy Bitcoins option

Traders can purchase lucrative Bitcoin (BTC) from registered sellers. Investors can go through the reviews posted by other users about a specific seller. Later, prospective buyers enter two amounts (Amount of BTC they wish to purchase in Fiat currency and the total quantity of Bitcoin). Further, traders process the payment within a certain period.

Escrow protection

There is no chance of frauds or scams on the LocalBitcoins PHP clone script.  It is very useful if the buyer makes the payment and the seller does not release the required amount of Bitcoins. Crypto investors can contact the technical support team. They will release the needed BTC directly from the seller’s LocalBitcoins wallet.

Likewise, crypto sellers can protect themselves from dubious buyers. They should release the particular amount of Bitcoins only after getting the payment from the buyers.

Integrated affiliate program

Users get commission daily by referring new traders to the LocalBitcoins exchange clone script. They receive payments in Bitcoin (BTC) for each successful referral.  Registered affiliates will have to post direct links to individual web pages. The total commission increases if the referred person buys and sells Bitcoin regularly on the P2P platform. Further, traders will have to avoid misleading advertisements and spamming.

Sell Bitcoin facility

Bitcoin sellers mention details such as their name, payment methods, payment window (a few hours), price, and trading limits (lower and upper). Additionally, they can mention terms and conditions for the Peer-to-Peer (P2P) trading deal. Besides that, crypto sellers can share their WhatsApp numbers to resolve any queries faced by buyers.

Multi-layer security measures

A LocalBitcoins clone script implements several security steps for both buyers and sellers. It comprises measures like end-to-end encryption, login guard mechanism, OTP based verification, and two-factor authentication.

Provision of 24×7 technical assistance

Investors can approach the Help Centre for sorting out issues related to escrow protection, order processing, and payment execution. Cryptopreneurs can offer round the clock technical support via email, live chat, phone, and Twitter.

Read more: How to Easily Convert Bitcoin to Naira?

How do buyers and sellers process payments on the LocalBitcoins Clone PHP Script?

Crypto traders and sellers can execute peer-to-peer (P2P) transactions with ease on the LocalBitcoins clone script. They can utilize a wide variety of payment methods.  They can choose Immediate Payment Service (IMPS), M-Pesa, National Electronic Funds Transfer (NEFT), Paytm, Revolut, Single Euro Payments Area (SEPA), and Unified Payments Interface (UPI).

What are the different cryptocurrencies and stablecoins accepted for buying Bitcoin?

Generally, traders can utilize various cryptos for purchasing Bitcoin (BTC). They can process transactions through Bitcoin Cash, Cardano, Dogecoin, Ethereum,  Litecoin, Ripple, and Stellar.

Investors can protect themselves from fluctuations in the market by paying through stablecoins. They can execute payments via Tether (USDT), and USD Coin (USDC).

What are the various sources of revenue of a LocalBitcoins exchange clone script?

Buying and selling Bitcoin (BTC) is completely free on a LocalBitcoins clone script. Entrepreneurs mint revenue by imposing advertisement fees on buyers and sellers. Further, owners of the LocalBitcoins clone PHP script will earn sending fees.  It is paid by the traders when they transfer Bitcoin to other digital wallets. They pay the required amount directly from their LocalBitcoins wallet.

Besides that, the transaction fees for executing buy and sell orders vary depending on the level of congestion on the blockchain network.  Cryptopreneurs also pocket deposit fees when users receive Bitcoins to their LocalBitcoins digital wallet.

The total cost to develop the LocalBitcoins clone App

The total cost of creating the LocalBitcoins exchange clone script relies on multiple factors.  Generally, it depends on the choice of basic and premium features, cross-platform compatibility, the level of customization demanded by the entrepreneur, hourly/weekly charges paid to the front-end and back-end developers, the tech stack used, and the time allocated.

Further, entrepreneurs must incur more expenditure for our premium post-deployment services. We assist in fixing bugs and security loopholes, issuing software updates, maintenance of the P2P trading solutions, technical support, and third-party API integration.

Wrapping Up

Undoubtedly, LocalBitcoins is a fully secure crypto trading platform. It is highly credible when compared to centralized exchanges affected by data breaches, hacking, and phishing attacks. Moreover, many traders in Kenya, Nigeria, and Venezuela are buying Bitcoin due to the decrease in the value of their fiat currency.

Besides that, the daily trading volume of Bitcoin (BTC) is $21.83 billion as per CoinMarketCap. Above all, the crypto sector has a gigantic market capitalization of $1.42 trillion.

Importantly, the LocalBitcoins P2P trading platform will focus on strengthening its business operations across Asia, Middle East, and North Africa in the future. Hence, entrepreneurs can disrupt the global cryptocurrency industry now by obtaining the LocalBitcoins clone script. They can contact a trustworthy app development company to witness spectacular results in a quick time.

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

right time to buy bitcoins

Is this the right time to Buy Bitcoins?

Bitcoins are basically digital currency stored in digital wallet, every time you do any transaction it is recorded in the form of blockchain.

These bitcoins can easily be converted into cash or you can also sell them for cash.

Anytime is the right time to buy bitcoins but you need to acknowledge the fact that the prices may vary in long term. The prices can be very volatile in nature but the bitcoins are stored in high security and relies on passwords, it makes it very difficult to be theft.

Monday, 28 June 2021 (GMT+1) Time in London, UK

To buy Bitcoins first, find out the crypto currency exchange providing you the best rates and tight security/privacy with other best features. In my knowledge bitglobals.com is the best exchange to buy or sell bitcoins, the reason is they are based on “ZERO TRADE FEES” and ZERO COMMISSION FEES which makes them different from others. This feature is not seen anywhere by me yet.

Also, while sending money internationally they deduct no money which means the same amount sent is received by the receiver, which again is a jaw dropping feature.

Bitglobals.com will also provide you a mastercard same like bank credit or debit cards which not just look same like bank cards but works exactly like the same way, means you can do online shopping with that, you can swipe that card in atm’s to withdraw cash or you can even send money through that and much more.

The wallet of bitglobals.com is the best and the most easy to access or user friendly for all.

Till now you might have been wondering about the best features but there is one more feature CASHBACKwhich dominates all of its other features. On every transaction you get a cashback upto 25% which is obviously by far the best feature, not only this, this cashback can be withdrawn from the bitglobals.com master card. In fact this cashback can be used to do other purchase.

So, even if you are wondering when to buy bitcoins, where to buy bitcoins or how to buy bitcoins do visit bitglobals.com once, and start investing you will never have to look back once being their user.

Bitglobals.com is by far the best cryptocurrency exchange to invest bitcoins or to buy bitcoins or to sell bitcoins, their “ZERO FEES” policy makes every user stay there forever. Also, the withdrawal on the same day is the another best thing on bitglobals.com.

Whenever in doubt so check the live prices of bitcoins on bitglobals.com.

Convert Bitcoin to Naira

How to Easily Convert Bitcoin to Naira?

Naira is the basic monetary unit used by Nigerians. It is the currency of Nigeria with the code NGN and is equal to 100 kobos. To regulate price stability and avoid scams, the Central Bank of Nigeria is the only authority that issues the Naira currency throughout the state and maintains a check and balance.

Technology has added great comfort to our lives. We can convert any cryptocurrency into our local currency and make a transaction to add it to our local bank account quickly. Bitcoin is the most common and the most luxury-grade cryptocurrency in the crypto space. It is also the most trusted and the most reliable cryptocurrency that is supported by many online businesses as a mode of payment. When it comes to converting Bitcoin to Naira, not only is it possible but also feasible. Thanks to the variety of crypto exchanges in the market.  They help to do such tasks in moments, thus saving our time and energy.

Nigerians can convert any amount of Bitcoin to Naira without any hassle. Currently, 1 BTC is equal to 14,051,737.40 Nigerian Naira.

| 1 Bitcoin to Naira = 14,051,737.60

One can convert Bitcoin to Naira conveniently by using various options like crypto exchanges and Bitcoin wallets. On exchanging 1 BTC, the candidate receives 14,249,224 Naira with six kobos.

Who can use a Bitcoin Account?

This cryptocurrency was designed for those entrepreneurs who are supposed to make online transactions quite often. An individual with a Bitcoin account does not have to possess a credit card. This is how a Bitcoin account adds convenience to your life.

Read more: The Best Bitcoin Wallets For Android In The Future

Step-by-step guide on how to convert Bitcoin to Naira and transfer funds

Here are given steps to help you convert any amount of Bitcoin to Naira with great convenience, efficiency, and effectiveness.

1)   Create a Free Bitcoin Wallet

To get started, the first and foremost step is creating a free Bitcoin wallet by using their official site.

2)  Sign up

You can sign up on Blockchain by adding your email to it and creating a solid password followed by agreeing to their terms and conditions.

3)   Account Verification

You must have received the confirmation message on your email account. Click on it and add the verification code, so your account becomes verified. This code identifies your wallet and is quite essential. You are supposed to remember it or save it somewhere, in case if you forget it, you don’t lose it.

4)  Crypto Wallet Set-up

It is mandatory to set up your Bitcoin wallet by logging in to the blockchain account. After that, the most crucial part is to protect your privacy. You may add a phone number for added security. In this way, you won’t fall prey to scammers and hackers.

5)  Adding funds to the Wallet

You might use a simple trick to add funds to your Bitcoin Wallet. Ask your friends or family if they have funds in their Bitcoin wallet, ask them to transfer the required amount of funds to your Bitcoin wallet while paying them manually by calculating 1 Bitcoin to Naira. If it works for you, well and good. Otherwise, use Nigerian currency exchanges to fund your Bitcoin wallet.

Bitcoin to Naira, Local Bank Transfer

If you want to send money to your relatives or friends living in Nigeria while you are based outside Nigeria, you just have to possess an account. This account must be linked to Bitcoin wallet providers, and then, you can easily use the service.

If someone is looking forward to withdrawing the Bitcoins into their local bank account, they can simply visit the home page. It would show an option of clicking on “More” under their BTC balance. Then, you are supposed to press the option that says “Instant Sell.” Following this, the amount is considered to be entered in BTC or Naira. The system will ask you to confirm the amount. After the confirmation process is over, you can go to NTN wallet and withdraw and receive funds in your personal account.

The exact process goes for crediting your wallet. Just connect your ATM card and add as much money as you want to the account. This is the simplest and easiest method of transferring funds straight to your bank account without doing anything on crypto exchanges that convert Bitcoin to Naira. This is a typical method used by most Nigerians. If you are unaware of it, do try!

Using Luno, is it worth it?

Typically, people in Nigeria prefer using Luno to transfer their BTC balance to their country’s bank account. Since Luno has a wallet for withdrawal, it is a safe and professional way when it comes to the transfer of funds. It is directly connected to an individual’s local bank account, and there is no third party involved. Moreover, it does not display Bitcoin in dollars the way other platforms are doing. It shows your BTC credit directly in the form of Naira. In this way, it becomes convenient for you to know what your current balance is even at a simple glimpse.

It is recommended to use the same name and email while getting registered on Naira. In this way, there will be no confusion, and you will continue to enjoy the delight of hassle-free service. The processing fee for each transaction made using Luno is precisely N100. Moreover, the minimum and maximum limits of money debited from the wallet or credited to the wallet are also there. For added confirmation and safety, Luno demands a verification on your first transaction. You can surpass this milestone by using your international passport or national ID card. We can conclude that Luno is a user-friendly platform that supports beginners as well. It is easy to use and supports faster transactions with great customer satisfaction.

Conclusion

It has become easier to access cryptocurrency and the local currency in the modern era and convert them to get personal benefits. The process to perform this action is not complicated as well. Moreover, except Luno, other platforms like LocalBitcoins and Paxful could be used to meet their requirements. However, those two exchanges are not as reliable as Luno as the chances of getting scammed are higher there.

Read more: All You Need to Know About Indodax!

Bitcoin Wallet Reddit

How to Start Trading Bitcoin Reddit & What is the Best Bitcoin Wallet Reddit?

Bitcoin is a type of cryptocurrency, decentralized finance on Blockchain. It is considered a lucky charm in the crypto world due to its exceptionally high value and scarcity. Bitcoin is digital capital that one can quickly transfer to another individual without the involvement of a 3rd party. The best part about cryptocurrency is that it provides you freedom in speech, expression, and finance. It lifts you above the constraints of governments and institutions like banks. Bitcoin is called digital gold due to its market rates on all cryptocurrency exchanges. Using Bitcoins for stock marketing and trading purposes is absolutely legit. This is why every successful enterprise like Tesla has invested billions of dollars in this asset.

Like Gold and Real estate, one can practice bitcoin Reddit trading against liquid cash and benefit immediately. In cases where investors want short-term conversions (profits), Bitcoin works great. Thanks to its high liquidity!

We can determine whether it is worth it or not to buy Bitcoins by considering various factors. First and foremost, several people are designing and launching new cryptocurrencies today. But that does not make them worth it. Investors and crypto holders are looking for a cryptocurrency with high market value and scarcity. Both these traits are found in Bitcoin.

A number of factors determine the value of Bitcoin Reddit trading. Let us consider the transaction fee of Bitcoin, which is almost negligible. We can trade it for assets and get money immediately. We can also store it for long-term benefits because its demand is increasing with each passing day. Moreover, Bitcoin is frequently used as a mode of exchange in most businesses. Although some countries have not yet accepted and legalized it on an international level, many companies accept Bitcoin as a unit of exchange, allowing masses to be involved in bitcoin Reddit trading. Due to its exceptionally high price value, Bitcoin is considered digital Gold or King of the cryptocurrencies.

The increase in the cult of Bitcoin trading Reddit is also due to its transparency and excellent user experience. Chances of scams are minimal while its trading pays a lot. Regardless of the price, Bitcoin is bought in every nook and cranny of the world due to its popularity and profit margins.

Bitcoin Trading Reddit

Bitcoin Reddit trading is standard these days. The majority of Bitcoin holders use day trading. However, it is not considered suitable as it puts the user at more risk. High volatility offers more liquidity, but it also refers to more risk at the same time. This is the reason why the idea of day trading bitcoin Reddit may not work for everyone.

Read more: 9 Things You Can Buy With Bitcoin and Other Cryptocurrencies

Bitcoin Trading Reddit Tips and How-to guide

Once we know how it works, day trading Bitcoin Reddit becomes simpler. The use of resistance and support on the ⅕15M timeframe works well.

A coin that breaks small resistances is bought 10 to 20x. Beginners are supposed to start with a considerably low amount. All the trade must be performed in a relaxed mode without getting prone to panic attacks.

Experienced traders belonging to trading Bitcoin Reddit suggest investing in Bitcoins on the weekends, proving to be more beneficial. Moreover, for long-term trends, daytime is considered better for trading. The 4-hour chart is quite helpful in the case of BTC. Some people try their luck in 15-minute frames and become successful as well. But in such cases, the profit margin is too low. Many BTC holders prefer to close down the trade at a 10% profit to deal with risk factors.

The Best Bitcoin Wallet Reddit

A software program called Bitcoin wallet is used to store Bitcoins. In this way, a user gets ownership of his Bitcoin balance and can send and receive Bitcoins conveniently. For withdrawal, a minimum of 0.001 bitcoin must be present in the wallet. The maximum limit of daily withdrawal is 2000 USD, while that of weekly withdrawal is 5000 USD.

The benefits of BTC wallets are many. Let us have a look at the disadvantages or possible harms associated with these wallets. A BTC holder can still lose his crypto balance in cases like loss of keys, failure of the device, or theft. Offline wallets are also available that work as a means of cold storage. Such wallets are not available and accessible online, so there are no chances for hackers and scammers to approach them online.

Several kinds of wallets are there in the market. To land Reddit best bitcoin wallet, we need to consider the top-ranked Bitcoin wallets and their characteristic features.

Wasabi Bitcoin Wallet

This wallet offers the best services when it comes to privacy. The drawback is its slightly higher transaction fee that may not work economically for everyone. The processing is a bit slower too.

Armory Pros

This wallet works great for candidates who are chasing high security and privacy. It works best for those who have adequate experience in this field. It doesn’t support beginners and takes a lot of storage memory.

Green Wallet

It is an android wallet that provides those privacy features that are absent in other wallets. It is highly compatible with iOS, but its UX is not much advanced.

Electrum

It is a great wallet that works for both android and PC users. However, its UX is not very polished.

BlueWallet

It was developed and launched back in 2017 to store only Bitcoins. It was designed to provide a user-friendly experience to Bitcoin holders. It is non-custodial and offers a lot of features. The cons include the presence of bugs in its operating system, which might bother many users.

Guarda Wallet

This is so far the best bitcoin wallet Reddit that ensures to provide maximum anonymity. Your Bitcoins present in Guarda wallet will remain safe forever, without any risk of blocking. This wallet is non-custodial. Apart from being Reddit best bitcoin wallet, it supports hundreds of other types of cryptocurrency tokens and coins.

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

Bitcoin Trophy

Behind the Best Crypto Gift Idea: Bitcoin Trophy

Picking a gift for a loved one, mentor, employer or anyone couldn’t be better. If a cryptocurrency gift is what you are planning to buy, then go for the Bitcoin Trophy.

The Bitcoin trophy is a symbol of prestige and luxury. It gives credence to all players in the market. For holding, long or short selling and awaiting entry, it is a perfect item. The BT serves as a symbol of dreams. You are motivated to reach your trading goals. With the symbol in possession and the target pinned down, you are constantly reminded.

This picture-perfect item is built to last, with its durability features. An exquisite marble and gold finish on a solid metal is its appearance. A beautiful item for people of repute.

Opportunities to offer Bitcoin Trophy

There is always something to support, appreciate, or celebrate. This always offers opportunities to give gifts. Choosing a gift for certain personalities can be tasking. Just let them know they are valued without going overboard. The Bitcoin Trophy is an ideal item to achieve this.

Gift for mentors and top players

Joining the league of big players might just be easy with a gift like the Bitcoin trophy. You only need to engrave something extraordinary to show you possess a great mindset. A motivational quote, goodwill message or even a name can do the magic.

Motivating Partner support

Gifting a Bitcoin Trophy to your partner is the best way to show support. Nothing spices a relationship more than to know your lover cares and supports your activities. You can boost their morale times two with a presentation of a BT.

This singular act may be all the motivation they need to pursue their goals.

Amazing Giveaways

Everyone loves the concept of a giveaway. Since gifts are a way to show appreciation, gratitude and love, then give Bitcoin Trophy. Such an item will endear you in the heart of the received and invariably strengthen bonds. Look for opportunities to do give-aways and become the darling of everyone.

Special Holiday gift item

Christmas, Valentine, birthdays and other holidays are a perfect opportunity to give Bitcoin Trophy. No-fuss about what to give out, BT is glam.

Employee gifting idea

Corporate gifting is usually valuable to the recipient. Employees feel special and honoured at such gestures. As a way of appreciating the staff, give the Bitcoin trophy as one.

Note bosses don’t always expect gifts from subordinates. As an employee why not surprise your boss with a BT on any special gift exchanging event.

Client Appreciation gifts.

Ever consider how best to appreciate a long time and committed client? Why not customize a Bitcoin Trophy and let them know you are grateful for doing business with them? This will bring about a closer business relationship.

Inspirational Retirement gift

Trophies are treasures and a Bitcoin Trophy is no exception. BT is an appropriate gift for someone who is retiring from an organization. Engrave lovely words to summarize their service. You are sure to watch the retirement dab the tears in the eyes. A gift such as this will make leaving the company less painful.

The above is a round-up of a master list of opportunities to give Bitcoin Trophy. Ensure your giving is smart going forward. The BT offers an easy way to be thoughtful and impactful in your giving.  A perfect item for professional as well as personal gift presentation.

Years of knowledge in craftmanship

To-the-moon is South-Korea-based company regarded as the premium source for high-quality, custom-made Bitcoin trophies. They cater to all forms of stakeholders within the cryptocurrency spectrum; you don’t have to be a veteran trader to be the owner of our high-grade and luxurious trophy.

Their main objective is to cater satisfactorily to all Bitcoin and cryptocurrency lovers both home and abroad.

To-the-moon ships everywhere (if you are on the moon, let them know too!). After placing your orders, expect that your Bitcoin trophies will ship out within two business days. They also have a 100% happy return policy, and you may return any of their products within 14 days of the receiving date. They provide a money-back guaranteed.

Get your Bitcoin Trophy and become one of the few trophy hodlers on your journey to the moon.

Buy With Bitcoin

9 Things You Can Buy With Bitcoin and Other Cryptocurrencies

For many people, cryptocurrencies, especially Bitcoins, are a get-rich-quick scheme. They don’t fully understand the technology. But does it matter?

The price is going up, and there are hundreds of videos on YouTube telling you how you’re missing out on a gold mine.

Again, everyone is telling you to buy it, how to buy it, sell it, when to sell it, etc. But what comes after buying? I have them, and now I want to spend them.

But my local grocery store, car dealership, appliances store, tailor haven’t jumped on the crypto train. They still want to feel the money in their hands.

Now, this blog is precisely for people who find themselves in this bewilderment. Here, we won’t tell you how to buy cryptocurrencies. Rather, for a change, we will tell you how to spend it and what you can buy with these digital coins.

Cars

Cars

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Let’s start with some hot drives. Buying a car is the first thing on nouveau-riche’s checklist. And you have all the wealth but in digital coins.

So, your route to getting your hands on your new car will slightly differ from those who are buying it with fiat cash.

Your starting point is the internet. Several online marketplaces link buyers (who want to spend cryptocurrencies) with sellers (who accept cryptocurrencies). For example, you can buy a car online from Autocoincars and pay for it with cryptocurrencies.

So start searching for the car of your dream. After you have found one, you can agree on a contract. The payment can be made in cryptocurrencies, or you can change it into fiat cash and pay for your car.

Pizza

Pizza

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Here is the fact that you most definitely would be unaware of:

On May 22. 2010, Laszlo Hanyecz from Florida bought two large pizzas at Papa John’s and paid for them in Bitcoins. Guess what the cost was? 10,000 BTC.

Today, those two pizzas worth $372 million.It was the first commercial transaction of BTC with an actual company.

Even today, you can buy pizzas with Bitcoins. Domino’s offers gift cards that allow you to buy pizza and pay for it in four different cryptocurrencies: Ethereum, Dash, Dogecoin, and Litecoin.

Read more: How you can Make Cryptocurrency Trading Journey a Successful One

Clothes

You can easily upgrade your wardrobe using Bitcoins. Several online clothing stores accept Bitcoins and other cryptocurrencies as payment. For example, Bitgear, an online clothing retail store, accepts Bitcoin.

Moreover, there are many other crypto-specific marketplaces where you can spend your crypto cash to buy everything from clothing to accessories.

Flight tickets

Flight tickets

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Do you want to go on a comfortable vacation with your friends? Who doesn’t? Well, try paying for your flight tickets and hotel accommodation with Bitcoins.

Online ticket booking service Expedia and CheapAir.com accept Bitcoins as payment. You can book flight tickets, find hotel accommodation and plan your perfect trip.

Airlines, too, accept cryptocurrencies. For example, Baltic Air is the world’s first airline to accept cryptocurrency.

Web services

Where better to put your cryptocurrency to use than buying web services? From VPN to cloud storage, if you have cryptocurrencies, you can have them all.

There are plenty of VPN options for you to choose from if you want to pay in cryptocurrency. Some notable VPNs like ExpressVPN, NordVPN, Cyberghost, Surfsharkand, and ProtonVPN accept Bitcoin payments.

If you are looking for cloud storage, MEGA is your answer. It is a cloud storage software that accepts Bitcoin payments.

Watch

Watch

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If you want a new timepiece and have cryptocurrency to pay for it, don’t worry. You are not out of options.

Just head to Bitdial.com and choose from an extensive range of sleek and exquisite watches. Their range is so good; you would want to spend all your crypto cash then and there.

Gold

Gold

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Yes, Bitcoin is digital gold, but you can also use it to buy real gold.

There are two online gold dealers, Bitgild and the European Mint, who allow you to buy the precious metal and then pay for it in Bitcoins.

It is as simple as grocery shopping, trust me. Just go to their websites, find the piece of your choice, pay in Bitcoins, and checkout.

The European Mint allows payments through BitPay, although they do charge a 1% handling fee. At Bitgild, you can pay from your Bitcoin wallet or use a third-party exchange to make the payment.

Not only gold, but they also have other precious metals like silver and platinum.

Paintings

Paintings

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Have a knack for art? Now you can buy them with cryptocurrencies too.

Just this month, Sotheby’s, one of the world’s largest brokers of fine and decorative art, announced an auction titled “Love is in the Air” by Banksy.

What made this auction unprecedented was the announcement by Sotheby that they will accept Bitcoin and Ethereum payments for artworks sold in this auction.

Travel to Space

Have you gathered enough crypto wealth and now want to retire for good?

How about I say that you can plan your retirement in space? No, don’t be surprised. We kept this for last because we knew it would blow off your mind.

Space exploration is a hot industry these days, booming with players eyeing to rocket their way to Mars. One of them is Virgin Galactic by billionaire Richard Branson. He has already announced that his commercial space flight will accept payments in Bitcoins.

Final words

If you made big by investing in Bitcoins and other cryptocurrencies when the world dismissed them, now is your time to splurge.

Now you know where you can spend these digital coins. From burgers to a trip to Mars, if you have Bitcoins, you can be sure that there are enough takers for it.

Read more: Crypto Crash: Why Cryptocurrencies Crash Every day?

Best Bitcoin Wallets

The Best Bitcoin Wallets For Android In The Future

A cryptocurrency wallet is a place where you keep your cryptocurrencies. Cryptocurrency wallets can be physical or virtual. Nowadays, people are very much interested in dealing with cryptocurrencies because of the profits they are getting. The best way is to HODL these assets and make money with time. Many people have transformed themselves into filthy rich personalities. Therefore, there are Bitcoin millionaires and billionaires. Bitcoin is the largest cryptocurrency, and in this article, we will look at the top Bitcoin wallets for android in the future.  

Top Bitcoin Wallets For Android 

1. Ledger Nano X

Ledger Nano X is a hardware crypto wallet. It always remains the top choice among traders and investors all over the world because the wallet is available offline. Things are generally not secure when they are online. So, the idea is to keep your private keys away from all sorts of cyber threats. Ledger Nano X also comes up with Defi functionality, which you do not find with other crypto wallets. The crypto wallet is expensive but if you do not want to compromise regarding any aspect, choose it over others. You will get the best security. 

2. Trezor Model T

Trezor Model T is a piece of innovation that is available as an open-source. Because of its open-source feature, it has support for more than 1600 coins. So, if you are keeping the new cryptocurrencies other than the popular ones, look for Trezor Model T. This is also a hardware wallet introduced by SatoshiLabs. Trezor Model T has the passphrase and the PIN feature to offer security. Even if the wallet is open-source, you get a premium feeling while HODLing your virtual assets. Besides Bitcoin, Trezor Model T has support for other assets like Cardano, XRP, and many others. 

3. Exodus

Now, this is a software-based wallet and is mostly for desktop. However, when other companies introduced wallets for android and IOS, it turned the wallet from software to an app. The user interface is pretty easy to use. The company has really worked a lot on making intuitive UI for all the crypto users out there. Exodus is one of the rarest Bitcoin wallets that allows you to exchange from one crypto to another without any need to sign up. If you want to exchange cryptocurrencies in parts, Exodus has also support for more than one cryptocurrency.

4. Wasabi

Wasabi is also an open-source Bitcoin wallet. A feature that makes Wasabi unique is that you can take benefit from a marquee that mixes up more than one crypto transactions and convert them into a single transaction. With this, the wallet makes sure your transaction with someone or with the exchange remains undetectable. This is achieved with the help of Coinjoin. Although there are complex features with Wasabi, the UI is still simple and easy to use. The crypto wallet is not that intuitive, and you have to go through the whole documentation to learn things. 

5. Electrum

Electrum is a Bitcoin wallet that works well with all types of operating systems like Windows, Linux, Mac, etc. This is the only crypto wallet that connects to the server in order to store or manage your cryptocurrencies. The crypto wallet uses a random seed that changes every time. This random seed is of 12 digits, and it offers top-level security. Your transactions get verified by the servers. Your keys can also be restored from these servers. There is an option to encrypt your wallet during the setup process. However, if you do not perform encryption during the setup process, you should not worry.   

How To Choose Your Crypto Wallet?

There are hundreds of crypto wallets available in the market, but the point is how to choose the best Bitcoin wallet for android or any other device. Some are expensive, while others are open-source. If you want to reach the best decision, join a crypto platform as soon as possible. A crypto platform performs consistent analysis on these crypto wallets and then introduces the top picks before you. You do not need to find any other source. Hardware wallets keep your cryptos offline, so they are expensive and quite secure. You can also trust software wallets. They are open source, cheaper, and reliable.  

Conclusion

We have seen the top Bitcoin wallets for android, IOS and other platforms. Cryptocurrencies are getting popular. People are HODLing them, and when they start earning profits, they stick to this only option. Crypto wallets allow you to keep a track of your assets while you exchange them with some individual or a platform. It is always good to stay updated with the latest crypto news. Staying updated will let you know which one is at the top at a particular time. Eventually, the more you follow a crypto platform, the better you get in the crypto world. 

Read more: 3 Reasons Bitcoin Competitors Could Make Gains Through Poker