Bitcoin Buying Guide – Easy 3-Step Guide to Buying Your First Bitcoin

Looking for a guide to buying bitcoin? Wondering where to start? People have many misconceptions about bitcoin – the first widely known and accepted cryptocurrency worldwide.

Many people believe, for example, that only hackers and shady people use it. However, bitcoin is actually becoming mainstream with everyone from TigerDirect to Expedia.com to Dell and even Subway accepting bitcoin payments now.

Why so popular?

Well, bitcoin has many advantages over other currencies. For example, you can send bitcoins to someone as a payment without having to go through a bank intermediary (and be hit with extra fees). It is also much faster than sending money by bank transfer or transfer. You can send bitcoins to someone and they will receive the coins in seconds.

With all this, it is no surprise that many people are now trying to buy bitcoin for the first time. However, it’s not as easy as going to your bank and withdrawing bitcoins – or going to a store and throwing away some hard-earned bitcoin money.

The system works a little differently than that. This Bitcoin Buying Guide will cover a few things you need to know before you buy – so you can shop safely and securely.

First of all, while the price can be over $ 2,000 for one coin, you don’t have to buy a whole bitcoin. Most places will allow you to buy pieces of bitcoin for only $ 20. So you can start small and move on when you feel more comfortable with the way things work.

Second, this article is for general purposes only and should not be construed as financial advice. Bitcoin can be risky, and before making any purchase, you should consult with your financial advisor to see if it is right for you.

Here are 3 easy steps to buying bitcoins:

# 1 Get a bitcoin wallet

The first thing you need to do before you buy your coins is to get a virtual wallet in which to store your coins. This wallet is a string of text that people can use to send you bitcoins.

There are a number of different types of wallets, including those that you download to your phone or computer, online wallets and even offline wallets for cold storage.

Most people prefer to get a wallet on their phone or computer. Popular wallets include Blockchain, Armory, Bitgo MyCelium and Xapo.

This is usually as simple as downloading your phone’s wallet as an app or downloading software to your computer from the main wallet website.

# 2 Decide where to buy

There are several types of places to buy and each one is a little different. There are online sellers who will sell you bitcoins directly for cash (either a bank transfer or a credit card).

There are exchanges where you can buy and sell bitcoins from others – similar to the stock market. There are also local exchanges that connect you with sellers in your area who want to sell.

There are also ATMs where you go to buy with money and receive your coins delivered to your wallet in minutes.

Every bitcoin seller has its advantages and disadvantages. For example, ATMs are great for privacy, but they will charge you up to 20% on the current price, which is ridiculous. (At a price of BTC of $ 2000, that $ 400! So you pay $ 2400 instead of $ 2000).

No matter where you decide to buy, be sure to do your research and go to a trusted seller with a good reputation and strong customer service. For the first time, buyers will have special questions and may need additional support to help them with their first transaction.

Take the time to research the different places to shop before deciding. Factors to consider include coin prices, surcharges, payment methods and customer service.

# 3 Buy bitcoin and move it to your wallet

Once you find a place to buy, prepare your funds (ie you can send a bank transfer or use your Visa to fund your account). Then wait for a good price. (Bitcoin prices always fluctuate 24 hours, 7 days a week). Then place your order when you are ready.

Once your order is fulfilled and you have your coins, you will want to send them in your wallet. Just enter your bitcoin address and have the seller send you your bitcoins. You should see them in your wallet within minutes to an hour (depending on how fast the seller sends them).

Voila, you already own bitcoin. You can now send coins to pay for other goods and services, or keep them for a rainy day.

One last thing to remember: Bitcoin is still in its infancy. There are huge fluctuations in prices and the currency can be risky. Never buy more bitcoins than you can afford to lose.

Business with the flea market: How to outperform other vendors in the flea market

Business with flea market. Does this phrase make you excited but anxious at the same time?

If so, probably because, even though you know there is money to be made, you also realize how much competition there is in the flea market.

To make money with your own flea market business, you need to have quality flea market goods at low prices.

But the other ingredient that is often overlooked is that you need to have the ability to outperform your competition.

How do you beat your competitors from other flea market providers?

Think about what a dollar store would do to stand out from other dollar stores in the neighborhood.

You want to emulate this dollar store and apply its strategies to your own flea market business.

Here are tips you can use to beat your competitors in the flea market.

Council №1

Customer service is crucial. People want to be treated well, no matter where they shop. Be the seller of the flea market, known for its friendliness and helpfulness. Buyers will be happy to buy from you, even if your prices are the same as other flea market suppliers.

Council №2

Always have an organized and pleasant stand at the flea market. Buyers will be happy to visit your booth if your goods are well displayed. wouldn’t you

Council №3

Follow the prices of other suppliers. Your prices should always be at or below their prices.
Even if lowering your prices reduces your profits, you need to adjust them. You can always make up for lost profits with higher sales.

Council №4

Be positive. Buyers want to buy from positive sellers. Shopping at the flea market should be fun, make it fun for your customers.

Council №5
Introduce a new variety of items. If buyers know that you always have a wide variety of new products on your flea market, they will first come to you to see what new products you have.
Make sure the products you import fit into your current product. You want your customers to know you about a particular product category.

The advantage of investing in this global dependence

I was crazy about my car.

Thunder roared in the sky, rain and wind swirled around me, and I desperately wanted to be in my little red Toyota so I didn’t have to keep slapping around in my rain-soaked shoes.

But suddenly a bright green mermaid logo peeked out of the fog on the other side of the parking lot. And I found myself walking past my car to the Starbucks lighthouse.

When the coffee siren song calls a caffeine addict like me, well … not even the monsoon will stop me.

And as an investor, this can make you consider the history of coffee supply and demand, if you haven’t already.

This is a smart move right now.

Yes, coffee has a disturbing history: it is one of the most volatile commodities on the US and global futures markets. Every year, sentiment and prices are shaped by weather conditions in key growth regions. When the forecast is accurate and there are no fungal infections devastating crops, prices are lower.

But then a critical area of ​​coffee growth was affected by, say, a devastating drought, such as Brazil, the world’s largest producer of more than a third of the world’s coffee supply, in 1986. And coffee prices soared. (By the way, there are additional drivers for volatility, such as constant currency fluctuations.)

Ultimately, this type of unpredictable, abrupt movement scares investors.

But the fact is that global coffee demand is expected to double by 2050.

Meanwhile, we are behind a three-year supply shortage as critical growing regions such as Brazil continue to experience severe and volatile drought.

In addition, the genetic diversity of Arabica coffee beans – the highest quality and most consumed beans – is extremely low. This means that the plant cannot adapt to changes in the environment quickly enough, which emphasizes the fragile grip of the culture for survival.

Not surprisingly, stocks are struggling. The International Coffee Organization expects coffee production to reach a record 153.9 million bags worldwide for the 2016-2017 season. But demand is expected to reach 155.1 million bags. That’s a difference of 1.2 million bags.

Yes, much of this knowledge is at the price of coffee. But it is clear that the harvest is facing an “existential crisis,” as Rick Reinhart, executive director of the Special Coffee Association, said.

And this is the long history of supply and demand.

I know you’re probably thinking, “Everything’s fine, Jess. But what does that mean for investors in the short term?”

The price of coffee is heating up. The consensus estimate is a 5% rise in Arabica coffee prices next year. But this is conservative.

As one expert puts it: “Short-term volatility should give us a double-digit move. This is not a crash, a huge profit, but the extreme moods and forecasts of traders are a solid profit.

And there are two ways to invest in it: iPath Bloomberg Coffee ETN (NYSE: JO) and on iPath Pure Beta Coffee ETN (NYSE: CAFE)launched in 2008 and 2011 respectively. If you take one of them, withdraw money after a profit of 10% or 20%.

With all that said, I think it’s time to go catch my next cup of coffee. (I hope not in the rain.)

The best bitcoin trading platforms

Cryptocurrency has not only provided the fastest way to transfer money, but also a new object with which to trade and earn money, in addition to stocks and other goods. Although you can sell and buy bitcoin directly, you can also use bitcoin exchanges to continue your cryptocurrency transactions. There are many exchanges where bitcoin trading is safe and secure, and customers are also facilitated with many advanced services. As an investor or cryptocurrency trader, you can choose one of the exchanges for your convenience. However, it is advisable to take a look at the reviews of some before giving up on this one. Below is a brief overview of the best bitcoin exchanges in the world.

CoinBase: Probably one of the most reputable and largest exchanges for bitcoin trading with double trading directly and through the portfolio. CoinBase was founded in 2012 by opening a Y-Combinator company and has grown rapidly since then. There are many lucrative services such as multiple deposit and withdrawal options, money transfers between two CoinBase are instant, a wallet with multiple signature options for more secure transfers, bitcoin deposits are insured for any loss, etc. CoinBase has a wide variety of payment partners in Europe and the US that seamlessly allow transactions to be made through them. It has relatively low transaction fees and offers bitcoin trading as well as a large number of altcoin trading.

CEX.IO: One of the oldest and most reputable exchanges, launched in 2013, London as a bitcoin exchange and also as a cloud mining assistant. Later, its digging capacity increased so much that it held almost half of the network’s mining capacity; however, it is now closed. CEX.IO allows customers to expand to a much larger number of bitcoin transactions and has the ability to immediately provide bitcoin at a asking price. However, this exchange is charged a slightly higher amount for exchange, but this is offset by the security and ability to allow multi-currency transactions (dollar, euro and ruble) to purchase bitcoin.

Bitfinex: This is one of the most modern trading exchanges and is especially suitable for experienced cryptocurrency traders. With high liquidity for Ethereum as well as Bitcoin, this exchange has better options such as leverage, margin financing and multi-order trading. In addition, Bitfinex offers custom GUI features, many types of orders, such as limit, stop, trailing stop, market, etc. This exchange also provides about 50 currency pairs that can be traded and easily withdrawn for everyone. One of the largest exchanges in terms of trading volume, Bitfinex offers pseudonym for transactions and requires identification for only some of the services. The only drawback of this exchange is that it does not support the purchase of bitcoin or other altcoins through fiat transactions.

Bitstamp: Founded in 2011, it is the oldest exchange that offers cryptocurrency and bitcoin trading. The most respected, because although he is the oldest, he has never been under threat to security until recently. Bitstamp currently supports four currencies, Bitcoin, Ethereum, Litecoin and Ripple, and is also available with the mobile app in addition to the trading website. It has great support for European consumers or merchants who have a Euro Banks account. Security has also been improved by cold storage, which means that coins are stored offline. So you can say that it is completely impossible for a hacker to break in. Finally, its sophisticated user interface suggests that it is not for novice users but for professionals, and offers relatively low transaction fees.

Kraken: It is one of the largest exchanges for bitcoin trading in terms of liquidity, cryptocurrency volumes in euros and trading data in Canadian dollars, US dollars and yen. Kraken is the most respected exchange, managed during the turmoil of cryptocurrency trading and managed to keep the quantities of customers safe, despite other exchanges that were hacked at the same time. With 14+ cryptocurrency trading facilities, the user can deposit fiat as well as cryptocurrency along with similar towing capacity. However, it is not suitable for beginners, but has better security features and lower transaction fees compared to CoinBase. The most important factor for Kraken is that it has trust in the community and is the first to show the volumes and prices of Bloomberg Terminal.

The power of a penny

I think we all dream of … walking around a yard sale and rarely finding Picasso, which the owner was sure was fake.

Or maybe it’s a personal letter from George Washington, hidden in the attic of a house you just bought.

Personally, I’ve always hoped to find a buried pirate treasure – though very unlikely, given that I grew up in Kentucky, not near the coast.

Earlier this year, a man discovered a rare penny buried in a parsnip field in Nottinghamshire, which is expected to sell for £ 15,000 (approximately $ 18,280) at an auction on March 15. before. And although it has been buried in the ground for more than a millennium, the coin is in extremely good condition.

But you don’t have to go to the hills of the United Kingdom with a metal detector to make a good profit from rare and ancient coins. In fact, there is a much easier way to increase your wealth …

To properly acquaint you with the world of investing in rare and ancient coins, I went to look for an expert.

Jeff Anandapa is an investment portfolio manager for Stanley Gibbons Ltd., the world’s leading brand in the collectibles industry, based in England but with offices in London, the Channel Islands, Hong Kong and Singapore. The Stanley Gibbons Group includes the world’s oldest retailer of rare stamps (founded in 1856) and a philatelist of British royalty since 1914; and the largest coin dealer in the United Kingdom, AH Baldwin & Sons (founded in 1872).

Jocelyn: I think most Americans are aware of the impressive size of the American coin market, especially the regular news about rare American coins that sell for over a million dollars. But are there other markets that investors should pay attention to because of their growth?

Jeff: Rare and early coins from increasingly prosperous regions of the world are increasing in demand from collectors in search of a piece of history. Coin prices in Eastern Europe, such as Russia, Poland and Hungary, have increased tenfold in the last decade. Coins from India and the Middle East, long ignored by Western collectors, are now of great interest. Even traditional collector’s areas – such as ancient Greek and Roman, as well as Western European and British coins – have more than quadrupled in the last decade.

Jocelyn: Where does this rise in prices come from?

Jeff: Part of this demand has been stimulated by the rise in the price of gold and silver – but the value of the bars on rare coins far exceeds their numismatic value. More importantly, collectors have recognized the rarity of coins in exceptional condition and so the premium for such coins has escalated accordingly.

Jocelyn: If many of these areas are seeing such growth, should investors worry that these rare coins are overvalued?

Jeff: Despite strong demand and rising prices, these rare world coins are still much undervalued compared to their American counterparts. The size and prosperity of the American collector’s base, combined with the relatively small number of rare coins, means that rarities in the United States are 10 or 20 times higher than the price of equivalent coins from England or ancient Greece and Rome – and perhaps 100 times more. high than the price of their Asian or Middle Eastern equivalents.

This discrepancy offers a unique opportunity for American investors to diversify their collection with rare world coins that are experiencing significant and steady growth in value.

Jocelyn: When it comes to American coins, I know that evaluation is very important for understanding the quality of a coin, and hence its value. Does the same valuation system apply to significantly older world coins?

Jeff: Most coins sold in North America are rated on a scale of 1 to 70 by independent ranking services such as the Professional Coin Grading Service (PCGS) or the Numismatic Guaranty Corporation (NGC). This may be possible for more modern, mass-produced coins. However, ranking is much more difficult and becomes more subjective for older coins – especially for minted coins, where the quality of the impact makes each coin unique, even before circulating wear and tear is taken into account.

There are essentially four degrees of status in England and Europe: Fine, Very Fine, Extremely Fine and Uncirculated (“Fleur de Coin” if exclusive). The terms “Good” and “About” may qualify these assessments. Thus, Good Very Fine (GVF) is better than Very Fine (VF), which in turn is better than About Very Fine (AVF).

Jocelyn: Do you have any advice for someone who wants to start adding rare world coins to their collection? where to start

Jeff: Unless you want to start collecting coins instead of investing in them, it is not advisable to try to collect “sets”. Often the kit includes less rare coins that are not of investment quality and are therefore less likely to become more expensive. In addition, a set of such coins will tend to rise (and fall) in value at the same rate. Instead, focus on finding rare coins, in their best condition, from a number of different collectibles. All coins should show a good return over time – with a few showing exceptional returns as new areas become more popular.

Wealth solutions in uncertain times

We have just scratched the surface when it comes to using collectibles to increase and diversify your investment. Collectibles, or what we often call “quiet wealth,” are a way to protect your assets not only from market turmoil, but also from the uncertainty we face with a government that has accumulated more than $ 19 trillion in debt and militarized our police forces.

Proper planning will now not only work to protect your assets as America struggles to find support again, but it will also help you sleep well at night, knowing that you have chosen to diversify your investments beyond market volatility.

Survival beyond FOMO – How to choose a profitable ICO project with long-term value

In a world driven by noise and FOMO [Fear Of Missing Out]It is becoming increasingly clear that a diligent crypto enthusiast must have a litmus test to choose a token to support in a world where it is difficult to find truly viable projects, and good projects with long-term prospects are even more important. -difficult to distinguish from the seizure of money “shitcoins”.

With the latest developments, with most new cryptocurrencies reaching record lows and new ICO projects not responding to their ads after Crowdsale, it is now common for frustrated “investors” to go around blaming ICO promoters on social media instead of blaming themselves for that they did not make the proper due diligence to select the most likely winner after the crowdsale before purchasing a token during the ICO.

From my extensive observation, it turns out that most cryptocurrency buyers simply buy coins during the ICO based on FOMO (Fear of Leakage), created by the masters of advertising behind these coins. Many simply bought without understanding the purpose of the coin after the ICO or what the token was supposed to do after Crowdsale. When nothing happens after the ICO, as is often the case now for many ICOs, they will jump on social media to shout bloody murder.

Recently, my team and I just completed a tour of Africa and parts of the United States to promote Nollycoin ICO. We organized and sponsored various conferences, held live AMA (Ask Me Everything) press conferences, and held many one-on-one meetings with crypto whales, small investors, and crypto millionaires of all colors.

Throughout all this, one thing that amazed me beyond everything else was that MOST token holders have NO IDEA about the main business or project behind the token sales they have been involved in.

Even stranger in my observation was the incredible fact that many could not tell you the value proposition of the project, its goals, or the company’s plan to distort the market and grab some buyers in their industry. They just bought ICO because a few pages in telegrams or Facebook they visited kept telling them, “Buy. Get and buy more. Most simply acted on herd instinct rather than objective reasoning.

Now, if most of the people I met were just teenagers or uneducated people, I wouldn’t be so surprised by the level of ignorance of many of the crypto “investors” I met. On the contrary, many of those I met had graduated from college and people with funds. Yet less than 10% of them can easily articulate why they bought a coin in anticipation that its value will increase over time. Wherever I went, very few in the crowd could tell me the name, experience, and abilities of the corporate managers of the company that sells the coins.

The only thing most of them might note is that the coins were recommended by “respected” influential people when the facts prove that most of them were paid to create FOMO and respect for otherwise useless shitcoins.

Apart from the so-called counterfeit influencers, all many cryptocurrency buyers knew was that the names of the team leaders were Russian, Chinese or Korean, even though they knew absolutely nothing about them. As if all you need to have a successful ICO is to list the names of people from Korea, China, or Russia that no one can even check with a simple Google search.

While I agree that there are certainly many things to consider when deciding whether a project’s tokens will increase over time, I think the acid test and the most immediate evaluation criteria should be useful. of the coin itself beyond what will happen in crypto exchanges.

Although most crypto token owners I’ve met didn’t even know it, the reality is that if you bought a token from most ICOs, you didn’t actually “invest” in that company. You will not buy shares of the company and do not buy any securities from the company.

And at best, what you did when you bought tokens during most ICOs was to “donate” a project in exchange for being given a useful token or coin that legally had no real value outside the business ecosystem controlled by the issuing company.

In short, apart from hoping that the price of the tokens will go up or rise to make you a millionaire, there is nothing to do with the token other than enjoy the usefulness attached to it by the ICO company, If someone.

Because no one could have predicted for sure how the cryptocurrency would perform on the cryptocurrency exchange when it finally got there, and recent experience has shown that the prices of most tokens are likely to fall in the first few weeks of entry. exchange (due to large sales by speculators), it would make sense to consider what other value or utility you could derive from your token, beyond the expected “delay” of the exchange.

As the crypto revolution continues to evolve, transform and adapt to different market developments, the only way to ensure that your money is not thrown into the canal is to make sure you can still use these tokens to get excellent value and benefits even if you can sell it for profit right on the stock exchange.

When making this decision, you need to ask yourself the following basic question: What is the value, product, or service generated by the company that sells the token that will give me enough value for my money to make this purchase worth the time?

In a world of collapsing token prices on various exchanges, the more opportunities you have to extract actual token usage beyond the expected listing of the crypto exchange, the greater the chances that you will not end up disappointed or blocked symbols that are useless to you.

So, you have to ask again and again: IF this coin is never traded on the stock exchange, would I still be happy to support the vision? If this token loses 70% of its value on the stock exchange, can I still use it and get value for my money elsewhere with it?

If you can’t answer these questions in the affirmative after reviewing the WHITE PAPER and investing in the company’s claims, then you should think twice before buying this coin.

A recent case

Take the current ICO as Nollycoin, which is the token that powers the Blockchain-activated movie distribution ecosystem. Coin organizers have created various utility scenarios for coin buyers to ensure that no matter what happens to Nollycoin on the cryptocurrency exchange, their supporters and token holders will continue to smile.

Some of the great useful applications related to the Nollycoin token in the Nollytainment ecosystem include

• Ability to use Nollycoin tokens to watch exclusive movies in cinemas and movie theaters

• Ability to use Nollycoin tokens to access 1000 movies in their Netflix-on-steroids blockchain Movie distribution.

• Ability to use Nollycoin tokens to purchase products and services at NollyMall, which is Amazon’s platform for entertainment-based products.

• Ability to use Nollycoin tokens to pay school fees in the NOLLY Academy platform and partner companies

As you can see, beyond the normal expectation that tokens can be listed on a cryptocurrency exchange platform, you need to look beyond the noise of the ico, the immediate and future usefulness of the token, and the viability of the underlying project behind it.

Good news for gold

If you ever have the opportunity to go camping near an old gold or silver mine, take it. I did it years ago. Not only was it a great experience, but it also made me a better investor in metals.

Why? Well, it’s nothing like seeing long-dead, abandoned mines with your own eyes. You realize, viscerally, that someone made a calculation with the best assumption of supply and demand decades ago – and he guessed wrong.

This has been the case in recent years, with gold prices being significantly lower than in 2011.

But this is about to change …

My camping trip was a momentary thing. I was in Renault for a conference. A friend of mine had a top map of some old mines in the high desert of the Santa Rosa Mountains, about four hours north.

We went up, set up camp among the wormwood, and the next morning climbed a steep hill to a small plateau. There we found the entrance to the mine (closed with dynamite), an old wooden hut and other destroyed remains of the operation.

We also found the mine’s “power plant”: a long-rusty T-skeleton perched on blocks. Instead of wheels, he had large spindles on conveyor belts bolted to his axles!

It’s a long way, in terms of time and technology, from this old mine to the huge industrial gold mines that are strewn today in northern Nevada.

But long decades of supply and demand cycles, booms and busts remain. And while few outside the industry are still talking about it, the seeds for the next boom are already in the wind.

The reason is related to global production.

Peak gold?

According to industry insiders, leading investment bankers and others, 2015 will be the peak year in world gold production.

If you believe the sound idea that a lot of supply equals lower prices, then this is bad news.

The good news? These same sources say that production was much lower in 2016 and beyond.

Nevada’s gold mining statistics tell a small part of the story.

Last month, the U.S. Minerals Division raised gold production statistics for 2014: it fell to 4.9 million ounces, the lowest level in 27 years.

But here’s the bigger trend: Nevada’s total production actually peaked in 1998 at almost 9 million ounces. Since then, gold production has declined in 12 of the last 17 years.

What is happening? In short, the areas with the highest quality ores have been systematically excavated. And because Nevada contributes the lion’s share of America’s gold, data on American production tells a similar story.

Statistics from Australia and South Africa are almost the same. Gold production in South Africa peaked in 1970. Australia peaked in 1997.

For a long time, production from China and Russia filled the gap.

But with falling gold prices, the closure of more mines and gold mining companies wisely avoiding new projects, the “production scale” (as some analysts call it) is finally on our doorstep …

  • Goldman Sachs, in a March report, sees that there are only “20 years of known gold reserves that can be mined” left in the world. The bank has seen fewer and fewer discoveries of new gold deposits since 1995.
  • Earlier this month, analysts at the National Bank of Canada told The Financial Post: “It’s not a question of whether or even when the production breakdown will happen. It’s really a question of how companies react.” According to the bank, world gold production will fall sharply over the next few years.
  • Similarly, an analyst at Grant Thornton told AustraliaMining.com that “2015 will be the peak of global gold production.”

Hidden golden buffer

So, if that’s the case, why would we still not see higher prices?

One big reason is the impact of “golden scrap” on the world market. All these fused earrings, bracelets and dental fillings are the main source of supply – as much as 36% in 2011 and 2012.

But this source is also constantly drying up. In 2014, only 28% of global gold supplies came from recycled sources. The World Gold Council noted that the supply of recycled gold had reached its lowest level since 2007.

These trends remain in 2015. The group says that the supply of recycled gold fell by 3% and another 8% in the first two quarters of the year (on an annual basis).

Reducing supply will lead to higher prices

Here’s the last point: it takes time for new information to filter its way to each market. The boom and fall in gold prices? This is old news, completely reduced in the price of metal and its diggers.

But what is it that most people still don’t realize (and would hardly believe if you tell them)? The golden “production scale” corresponds to the bill. As new data confirms the forecast, expect this to be a major new catalyst for gold prices in the coming quarters.

Advantages of the Panaesha Capital Exchange (PCEX).

The cryptocurrency market is booming in 2017-2018; the total market capitalization of cryptocurrencies reached $ 700 billion last year. With the huge market potential offered by cryptocurrencies, digital currency trading is booming and several crypto exchanges have been launched within a year and are still under development. Cryptocurrencies are platforms where traders can exchange cryptocurrencies for other cryptocurrencies or fiat money.

Panaesha Capital Exchange (PCEX) is a cryptocurrency trading platform that should launch in the 3rd quarter of 2018. PCEX is secure, fast, provides high liquidity and uses a brokerage channel for additional security. The platform is a one-stop shop solution; offering both cryptocurrency for cryptocurrency exchange and cryptocurrency trading to fiat currency.

Advantages of PCEX

Multifunctional exchange platform

Many crypto exchanges, even well-known platforms, only support crypto-to-crypto transactions, forcing traders to operate on multiple exchanges. Crypto traders first buy cryptocurrencies for fiat money on a particular platform and then distribute the currencies across multiple trading platforms to provide liquidity and profits. To convert digital currencies to fiat, traders have a choice of only a few platforms. PCEX is a complete solution offering high liquidity; Crypto merchants can conduct all their transactions on one platform and will also be provided with a significant return.

High liquidity

To promote the liquidity of PCEX’s digital assets, the platform embodies all the key attributes of a fast-growing stock market;

Easy user interface to simplify the transaction process. PCEX is built similar to the form of the National Stock Exchange for acquaintance.

Low transaction fees (PCEX insists on very few trading fees on the platform).

Advanced buying and selling procedure with an excellent matching mechanism. Trade orders will be matched quickly on the platform.

Matching orders of high caliber

PCEX users are offered the restricted trading procedure so that they can buy or sell assets at a price they set; the matching mechanism will try to improve sales by matching consumer trade with a better price for a limited time. The time limit will be determined by the traders, after which the trading order will be removed from the platform. PCEX has the ability to respond quickly to orders through an excellent order matching mechanism.

Affordable fees

To trade PCEX, crypto merchants will pay only two fees: transaction fees and withdrawal fees. The PCEX transaction fee is much lower than the fees on other platforms offering similar services. A significant part of the transaction fees go to PCEX brokers and sub-brokers; the platform will receive a smaller part of the cut.

Broker and sub-brokerage channels

Crypto trading brokers and sub-brokers is a unique feature of the PCEX trading platform. Traders of cryptocurrency exchange platforms typically face poor customer support and slow response times. PCEX addresses this shortcoming by using a fleet of brokers and sub-brokers to assist traders personally in each transaction. PCEX traders will be assigned a contact point to which they can contact at any time for assistance. No dark period of unresponsiveness will ever be associated with PCEX.

Through its brokerage channel and exceptional services, PCEX aims to build long-term relationships with consumers. The broker’s channel also adds a layer of security to the platform.

High security

By the way, PCEX has several levels of security. The platform has a Clark-Wilson security architecture model to ensure data integrity. The security system will check the reception of PCEX information so that all data breaches can be prevented. Secure platform operations require auditors to cooperate; devices and identities are available to protect the website. PCEX provides cryptocurrencies with a level of security that is impenetrable and protects the identity and digital assets of merchants from hackers and accidental loss.

All PCEX users, brokers and sub-brokers must complete the KYC / AML protocol; PCEX is preparing for any regulations that may arise in the future. Merchants can also be assured of legal behavior on the platform.

Conclusion

Cryptocurrency trading is an unstable atmosphere with prices that peak and fall almost every day. Price volatility depends on government or state regulations, security, digital currency adoption by the provider, major players, and so on. Cryptocurrency trading provides a much higher return on investment than a traditional stock exchange; early cryptocurrency investors made millions in 2017-2018

To support the growing demand for digital currencies and digital currency trading platforms, PCEX is adopting an advanced toolkit with a full range of services. Everything that a crypto trader will require to trade smoothly and smoothly is available on PCEX. In fact, PCEX is doing better.

Check out the new and exclusive crypto exchange at http://www.pcex.io.

Ethereum Decentralized Finance (DeFi): The Future of Finance?

Decentralized finance, or DeFi for short, has taken the world of crypto and blockchain by storm. However, its recent resurgence has masked its roots in the 2017 bubble era. While everyone and their dog were doing Coin Initial or ICO, few companies saw the potential of the blockchain far beyond the rapid rise in price. These pioneers envisioned a world in which financial applications from savings to savings to banking and insurance would be possible simply in a blockchain without any intermediaries.

To understand the potential of this revolution, imagine if you have access to a savings account that carries 10% per year in US dollars, but without a bank and virtually no risk of funds. Imagine being able to trade harvest insurance with a Ghanaian farmer sitting in your Tokyo office. Imagine being able to be a market maker and earn fees as a percentage that any Citadel would want. Sounds too good to be true? Not so. This future is already here.

DeFi building blocks

Here are some basic DeFi building blocks you need to know before moving on:

  • Automated market creation or hopeless exchange of one asset for another without an intermediary or clearing house.

  • Over-secured lending or the ability to “use your assets” for traders, speculators and long-term holders.

  • Stable coins or algorithmic assets that track the price of an underlying asset without being centralized or backed by physical assets.

Understanding how to make DeFi

Stablecoins are often used in DeFi because they mimic traditional fiat currencies such as the USD. This is an important development because the history of crypto shows how unstable things are. Stable coins such as DAI are designed to track the value of the USD with minor deviations even during strong bear markets, ie.

Loan protocols are an interesting development, usually built on stable coins. Imagine if you could lock up your million-dollar assets and then borrow against them in solid coins. The protocol will automatically sell your assets if you do not repay the loan when your collateral is no longer sufficient.

Automated market makers form the basis of the entire DeFi ecosystem. Without that, you are left with an inherited financial system where you have to trust your broker, clearing house or stock exchange. Automated market makers, or AMM for short, allow you to trade one asset with another based on a reserve of both assets in its pools. The opening of the price is done through external arbitrators. Liquidity is pooled based on other people’s assets and they gain access to trading fees.

You can now get exposure to a wide variety of assets, all in the Ethereum ecosystem and without having to interact with the traditional financial world at all. You can make money by borrowing assets or as a market maker.

For the developing world, this is an incredible innovation because they now have access to the full range of financial systems in the developed world without barriers to entry.

Raise $ 50,000 to $ 5,000,000 with Crowdfunding

If you are involved in crowdfunding, you may have many questions in your mind about this fundraising system. One of the most common questions is about the amount of money you can raise on a crowdfunding platform. In this article we will answer this question. Read on to learn more.

On the web, you may have gone through the insights and experiences of industry leaders, experts and fundraisers. But as for the maximum amount, it can be up to millions of dollars. So the question is, what is the average amount of capital that can be raised through crowdfunding?

Regulatory limits

In the first place, regulators are responsible for setting both the tone and the limit on how much capital can be raised. Authorized crowdfunding platforms offer their services according to specific rules and they do not exceed the maximum amount of money collected through the portal.

In general, they indicate this restriction in the FAQ section or on the crowdfunding platform’s website. Below are some statistics:

Prior to 2021, startups were allowed to raise $ 1,070,000 annually through regulatory crowdfunding. However, the limit has been increased to $ 5 million, which is good news for startups.

If you follow Regulation D, you can raise as much money as you can from accredited investors. Some platforms, such as Wefunder, allow you to run A + campaigns for free. And you can raise up to $ 1 million.

Also, if you know nothing about the American regulatory alphabet, you can go through the simple terms given below:

Reg A: allows you to raise between $ 20 million and $ 75 through a Mini-IPO, ideal for small issuers and young companies.

Reg D: It consists of a set of rules for large campaigns and projects that require a flow of unlimited funds. Only big players can participate in such deals.

Reg D: it is more popular than debt and public capital. These campaigns are usually run through private funds, technology companies and real estate.

Reg CF: This is an ideal framework for start-ups that attract public attention to raise capital.

According to reports published by The Crowdfunder, the average amount raised against each Reg CF proposal is $ 342k in 2020.

Summarizing

As far as crowdfunding is concerned, only the sky is the limit if the restriction is not regulated by an authority. In fact, the average amount raised through crowdfunding platforms varies by country, platform and niche. So, no matter what type of startup you start, you can initiate a crowdfunding campaign to raise capital for your business and start it.