Cryptocurrency brokers – How to select the best company

Vast amounts of CFD brokers offer cryptocurrency trading. But even in an environment with tough competition, there are only a very few good brokers worth choosing. Choosing a good broker right from the beginning of your trading journey is very important as it can save you not only some money but also your nerves if you were to choose a shady company. There are already many good websites about cryptocurrencies that compare the best cryptocurrency brokers on the market. We could approach the post exactly the same and put the most popular regulated cryptocurrency brokers side by side. We, however, chose a different path and we will just point out which features you should look for from your cryptocurrency broker. By doing so, we will not give any company an edge, making this article completely objective.

Choose cryptocurrency broker with license

With so many scam brokers out there, you do not want to fall into a trap. Before you even consider trading with a cryptocurrency broker, check whether it is regulated. In Europe, we recognise the CySEC license, in Australia the ASIC and in the UK the FCA. When a company is regulated, they are overseen by a regulatory body that basically prohibits them from doing any unethical activities. If a broker would operate in a bad faith, the regulator would immediately slap them with a heavy penalty. Surprise, surprise, brokers do not like paying them, so they do their best to avoid them.

Fees – Key factor when selecting crypto broker

No matter how annoying fees are, there is no way to escape them. CFD cryptocurrency brokers tend to have at least two fees. The first one which has any broker is a spread. To calculate this fee, basically deduct the bid price from the ask price and you get the spread. So, if the bid price is $6,580 for one BTC and the ask price is $6,500, the spread is $80. If you purchase a smaller portion of Bitcoin, the fee is of course smaller. The second fee that some CFD crypto brokers charge is called an overnight fee. As the name suggests, this fee applies whenever you stay in a position overnight. Cryptocurrency traders and investors who want to let their position open for a number of days or months should definitely choose a broker that does not have the overnight fee.

Trading platforms – Huge differences

Many traders use outside sources for technical and fundamental analysis. If you are, however, one of the traders who like to have everything in one place, you should choose a trading platform accordingly. To stand out from the competition, brokers try to provide the best possible trading experience with ultimate trading platforms. These platforms usually have advanced technical analysis tools, historical quotes and frequently some social features so you could talk with traders alike. Occasionally you can find on the market even brokers that have a social trading platform that allows copying trades of the top perming traders and investors on the platform.

Minimum deposit – Can be as small as $10

Most CFD cryptocurrency brokers have a minimum deposit around 100 or 200 dollars. Whilst most crypto enthusiasts invest significantly more, you should choose a broker in accordance with your financial situation. Is a $100 minimum deposit issue for you? No worries. Today are on the market even brokers where you can start trading with real money even with as little as 10 dollars.

Demo account for cryptocurrency trading

Unlike crypto exchanges, crypto brokers offer a free practice demo account so you could try trading without risking losing funds. With the usage of a demo account, you can freely trade and invest as you would do so on a real account, with one slight difference which is that you are managing imaginary chips. This will not only allow you to get the grasp on CFD crypto trading but also to test the trading platform of your broker. If it will not meet your requirements you can decide to switch your broker and trade elsewhere.

OSA Token Goes on Bibox!

We have been waiting for this moment! And it has come!

The OSA Token is going on Bibox – the leading Chinese cryptocurrency exchange.

This is a great chance to not only support your favorite project, but also to get rewarded with OSA Tokens. The earlier you vote, the more OSA tokens you get. During the first 3 days only, you can get 3 OSA Tokens for one vote! Each user can vote for 10,000 BIX maximum.

Don’t miss your chance!  Let OSA become the winner among 10 qualified projects.

Incentive scheme includes 3 different phases:

  1. First Phase – The earlier you vote, the more tokens you get ( During the first 3 days only, you can get 3 OSA Tokens for one vote!).

Period:28-30.09.2018

  1. Second Phase -”More votes – more tokens”  is divided into 2 parts:

a)Users who made less than 1 500 votes will be awarded 1 OSA  Token for each vote., b)Users who made more than 1 500 votes, will be awarded with 2 OSA  Token for each vote.

Period: 01-03.10.2018

  1. Third phase – All voters have a chance to participate a lucky draw! (lottery), totaling – 20 000 Tokens. Prizes will be distributed between 3 participants. (1st prize – 10K OSA Token, 2nd prize – 7K OSA Token, 3rd prize – 3K OSA Token).

Period: 04 – 05.10.2018

Bibox is a truly unique cryptocurrency exchange utilizing AI enhanced and encrypted algorithms to assist optimal trades and transactions. The exchange was founded in 2017 and is owned and operated by a sophisticated team of Chinese blockchain and cryptocurrency experts. The team includes the co-founder of OKCoin and other founding members of Huobi.com, among the largest cryptocurrency exchanges in China and the world. The Bibox exchange has a highly competent team and platform backing them but remains unregulated by any reputable regulatory authorities. However, this does not mean the exchange cannot be trusted. We must delve deep into the aspects making this cryptocurrency exchange and see what sets Bibox apart from the competition and whether or not they can be trusted.

At Bibox users can trade a wide range of digital currencies against BTC, ETH, USDT, DAI and BIX. BIX is Bibox’s native token, which allows holders to access discounted trading fees.

 

Vote for OSA Now and get rewarded! https://www.bibox.com/votelist

Learn more about OSA . https://osadc.io/en/

Varanida Launches Unique Hybrid ICO Model

Digital advertising ecosystem startup blends ICO models for €8M second round of ICO

Sept. 28, 2018 — Lyon — Digital advertising startup Varanida has begun Round 2 of its token offering, which will only be open for the next two weeks. This new round marks the debut of a new, hybrid model of funding that merges the traditional ICO structure with the DAICO approach, proposed by Ethereum founder Vitalik Buterin, combining the best of both approaches.

The DAICO model was designed to give investors more control over the project team’s access to the funds that had been raised, a philosophy that Varanida is certainly adopting for their crowdsale as well.

The VAD token, Varanida’s utility token, is an ERC-20 token on the Ethereum network. For this funding round, Varanida is accepting BTC and ETH, with the soft cap – the minimum cost required to build the protocol –  set at €8 million.

Varanida was founded in 2014 in France with the goal of bringing the decentralized commerce of cryptocurrency to the digital advertising and media space. The internet relies on advertising, but is facing diminishing returns as people ignore online ads. Advertisers have often responded by making ads more obtrusive and difficult to get rid of, leading to the widespread use of ad blockers.

As a solution to this intractable situation, Varanida brings an open, transparent and efficient ecosystem that uses blockchain technology to improve online digital content and create incentives for less intrusive ads that people actually want to see. Since it first opened the platform to users, Varanida has seen a huge uptick in users, more than 120,000 to date, as word of the ecosystem has spread, validating the need for exactly this kind of change to the online experience.

Varanida is splitting this funding round into three sub-rounds, with milestones chosen by the community from a set of realistic options, thus giving insight into what the Varanida community considers critical. And, while investors cannot arbitrarily demand a refund, failing to hit those milestones will trigger an automatic refund from Varanida. Whatever tokens remain unsold of the one billion token supply will be burned.

“Our goal has always been to improve the way the digital market provides services and content, while treating privacy, data ownership and online users’ experiences with the greatest respect.This round of our ICO will get our team and investors one step closer to fulfilling that vision, while making Varanida part of the evolution of ICOs.” Varanida CEO Anji Ismail declared.

Press contact: Sylvia Guirand – [email protected]

 

DBX – The Blockchain For Real World Apps Launches Official ICO

September 24th, 2018, Singapore – The technology company that’s leveraging Blockchain to build applications and businesses with transparency and control of data in its core, begins ICO.

DBX made headlines this week with the announcement of their ICO launch that is expected to shake up the Blockchain ecosystem. The ICO, which is now open, intends to help DBX expand its operations and help businesses utilise blockchain in a workable and “real life” manner. DBX, or Database X, has been described as a fundamental breakthrough in the rollout or usage of blockchain for more businesses.

DBX is unique from other ICOs by the fact that before ICOs began, DBX had already completed:

  • An open source oncomof the first version of DBX Chain.
  • The launch of the Testnet.
  • Created the wallet app.
  • The first DApp (decentralized applications), known as Data Game.

More integration of third-party DApps from different industries have already been confirmed, including DApps with over 1 billion USD in annual transactions and a DApp with business in over 400,000 supermarkets globally. Prior to the ICO, the DBX founding team members had invested over $ 530,000 and had raised 5,100 ETH in private funding.

Those interested in supporting the DBX mission can click here: https://supportus.dbx.one/

How It Works:

DBXChain’s data ecosystem, built on blockchain, is designed for the big data era. The primary mission is to build a highly efficient and safe blockchain network, which encourages strengthened data exchange, and data value mining. The main hindrances of data exchange currently are data wastage, data islands, data scattering, and supply versus demand imbalance. To solve these problems, DBXChain offers a demand oriented, structured community network to serve as a safe,  efficient, traceable, connected and deeply useable data trading platform, suitable for data exchange and decentralization. While blockchain to date has been revolutionary, it is limited in terms of real world applications. This is where DBXChain is unique, as it is designed for real world purposes.

The Benefits:

  • Modernised, Decentralised Blockchain.
  • Real business and Real World applications.
  • Safe, Low Cost and Efficient.
  • Transparent and Open.

About DBX (Database X):

DBX (Database X) is a value-based ecosystem of data built on blockchain. It is a decentralized community for exploring and exchanging valuable data. It utilises a huge amount of “useless” data to achieve great value by making a correlation with demand which was previously undiscovered. This enables every participant in the community to acquire data with higher efficiency, lower cost and fairer trading. All data is, of course, accessed with the users consent. DBX put a huge emphasis on safe data and data protection. Users even have an option of monetising their own data, with a unique revenue sharing model.

DBX launched in 2016 and have since developed their own blockchain which aims to improve the now outmoded blockchain. DBXChain’s main business is data infrastructure that releases data’s value and “atomizes” data transactions. Data connections, that were not previously able to release value, have been made possible by this new blockchain operation system. As a result, this opens up blockchain to far more “real world” relevance than has previously been possible.

At the end of 2016, Tomi Wen, the founder of DBXChain, chose to get into the blockchain market by working on the underlying system of public chain and data infrastructure in the blockchain world. Tomi Wen holds a bachelor’s degree from Renmin University, and is a tech geek. He developed a software DIY-Page at age 15 and became “the software author that made Baidu change its algorithm”.

Media and Investment Contacts:

DBX Website: https://dbx.one/

Corporate Email: [email protected]

Whitepaper: https://dbx.one/libs/pdf.js/web/viewer.html?file=%2Fassets%2FDBX_Whitepaper_en_v1_0Q.pdf

Buy Tokens: https://supportus.dbx.one/

Global Blockchain Forum to Destroy Token Fest?

Global Blockchain Forum is an event about the current and future states of Blockchain. There, one can learn more about the industry straight from experts in the field. Panels at the event will feature themes such as disruptions, investment strategies, and the transformations of the blockchain economy. As a result, Global Blockchain Forum will be offering insights on how to navigate this world, allowing you to receive advice from renowned innovators and visionaries.

The Difference

The Global Blockchain Forum event goes beyond just focusing on token economics, as speakers share expert advice on many topics related to Blockchain. The conference features founders of companies who will inspire and encourage the attendees.

On the other hand, Token Fest is a networking-focused event occurring over two days. Their main topics involve the business and technology of tokenization, as they share insights on the current token economy. Token Fest gives a platform to ICOs, legitimate and/or dubious. Indeed, it looks like Token Fest’s event focuses on token topics over other topics related to blockchain, while also including networking opportunities with various decision makers.

Compared to Token Fest, the Global Blockchain Forum event will go beyond the sole focus of token economics. Indeed, it will offer a wide variety of topics and heated debates regarding the current and future blockchain world. It will also touch on the impact of blockchain on industries and futuristic tech solutions such as AI, IoT, and more. At the Global Blockchain Forum, exciting industry leaders behind the Iron Curtain will be revealed.

The Dates

Global Blockchain Forum will take place on the 4th and 5th of October 2018 at Hyatt Regency San Francisco. It will be an exclusive opportunity to join the best of the blockchain community, share ideas and opinions, and learn from others. You will have an occasion to figure out the right path in Blockchain. Would you like to find out how? Join the forum.

DAO.Casino is launching Sandbox for game developers-

Game developers will be able to become pioneers in the development of decentralized games for the gambling industry using DAO.Casino protocol.

On September 17, 2018, DAO.Casino is opening Sandbox for developers, independent teams and game development studios that choose to harness the power of the rapidly developing DApp industry.

Starting today everyone may submit their application for Sandbox on the official Sandbox page.

The Sandbox project is designed by DAO.Casino developers. Participants of Sandbox will learn the basics of decentralized applications development on DAO.Casino protocol. Developers participating in Sandbox will learn to create, design and deploy decentralized games and applications on Ethereum blockchain.

DAO.Casino is planning to reward most active developers for their constructive feedback on the improvement and optimization of the SDK and related documentation. The company will separately announce the details of the rewards program later this fall.

“We are confident that the Sandbox project will play an important role in our collaboration with studios and independent game developers. We cannot wait to see our product helping developers unleash their creative and entrepreneurial talents and apply those to one of the most groundbreaking technologies of the XXI century. — states Ilya Tarutov, CEO, DAO.Casino. – I am sure that the products we’re developing will transform the online gambling into a fair and transparent industry for all of the involved parties: casino operators, developers, and affiliate marketers. “

“We are launching the Sandbox with the goal of enabling as many developers as possible to learn to create decentralized games. We have achieved an important milestone by starting to accept applications from developers all around the world who share our idea to make online gambling fair and transparent. With our technology, developers can take the whole gambling industry to the next level” – says Alexandra Fetisova from DAO.Casino.

Media

Images of Sandbox project: download

DAO.Casino disrupted the online gambling industry in 2017 by starting the development of the protocol based on Ethereum blockchain technology. DAO.Casino protocol ensures the automation of transactions and facilitates interactions between all the industry participants: casino operators, game developers, and affiliate marketers. DAO.Casino team is fully dedicated to developing the best products and making the gambling industry a better place.

For Press and Media Enquiries

Alexandra Fetisova

DAO.Casino

[email protected]

Maxim Tesla

DAO.Casino

[email protected]

OBCIA Appoints FANTOM as Vice-Chairman of the Board

Open Blockchain Industry Association (OBCIA) has appointed FANTOM as Vice-Chairman of the board which include conglomerates like SK Telecom, Kakao, LG U+, Shinhan Bank and KEB Hana Bank.

OBCIA aims to find new engines of growth for the blockchain industry in Korea by promoting the application and utilization of blockchain technology. 

Other notable members of the OBCIA board include The Loop, MediBloc, Microsoft, IBM, Block O, Glosfer, and ETRI amongst many others.

In addition, OBCIA seeks to increase the utilization of blockchain technology and raise industrial competitiveness by establishing an open platform and forum to share information on blockchain research and development.

With goals to revitalise the blockchain industry, OBCIA will be an intermediary between companies and the government, proposing solutions and valuable opinions from the industry.

To add, OBCIA will serve as a business incubator, providing blockchain training events and the necessary support for organisations to thrive within the blockchain-sphere.

To date, OBCIA has received a high level of interest and participation from many companies, developers, researchers, students, and especially the government – interested in redesigning existing businesses and discovering new business opportunities through application and utilization of blockchain technology.

On the 12th of September 2018, OBCIA will be hosting the 2018 OBCIA Open Blockchain Seminar which will see more than 350 attendees from all sectors.

Amongst a panel of renowned speakers, CEO of FANTOM, Dr. Ahn will be speaking at the seminar which will run from 1:00PM to 6:00PM.

To learn more about how FANTOM is making it easier and faster as well as lowering costs for businesses and consumers to make everyday transactions, visit: https://fantom.foundation/

Additional Resources

Twitter: Fantom Foundation (@FantomFDN)

YouTube: Overview of FANTOM

GitHub: Fantom Foundation

Medium: FANTOM Foundation


Telegram: Contact @fantom_english

KuCoin Blockchain Asset Exchange Announces Decred DCR As Part Of Their Network

Today, KuCoin blockchain asset exchange is thrilled to announce on its latest listing of another promising project Decred, an autonomous digital currency.

Decred’s native token DCR is now available for deposit with trading pairs including DCR/BTC and DCR/ETH. Buying commence at 19:30 UTC+8 while Selling/Withdrawal at 20:00 UTC+8.

All trading activities are done utilizing their Android and iOS apps, or through their official site, www.kucoin.com.

decred kucoin

About Decred (DCR)

Decred (DCR) is an autonomous digital token where its stakeholders are part of the decision-making as it has a decentralized and sustainable highlight giving the term as “a self-ruling token.” This cryptocurrency has organized its priorities as having decentralized administration and the creation of settlements on the blockchain.

How Decred (DCR) Run

Decred uses an advance hybrid Proof-of-Work and Proof-of-Stake to validate the blocks accessible. Therefore, the stakeholders or the token holders are contributing the approvals to the coin miners buliding the blocks for rewards. It is a unique system as it ensures that the miners are not there just for the short term profits on their investment on their hardware.

The Core Team

Decred had a humble beginning as it started as a projection established in April 2013 by Adam Mckenzie. The present project leader and CEO of Company Jake Yacom-Piah accumulated, developed and launched Decred in March 2014.

Over the past years, it has collaborated with many other members into its team with the lead developer Dave Collins. The team focuses and fully involves in developing Decred be the first ever Decentralized Autonomous Entity.

Blockbank Announces Key Banking Partner during ICO

Spire Bank, will be instrumental in facilitating a wide variety of international Crypto banking activity in association with Blockbank

Blockbank has purchased a stake in Spire bank & declared a strategic FinTech partnership, as a means to provide an international Crypto banking services. One of the leading commercial banks in Kenya, Spire Bank, will be instrumental in facilitating a wide variety of international Crytpto banking activity in association with Blockbank — to present the world’s first fully licensed crypto bank with low-cost funding availability.

Yusuf Sozi (L) and Adam Cuffe (R) (1)

Spire Bank, Headquartered in Nairobi top commercial banking entity, fully licensed by the Central Bank of Kenya is valued at having total asset worth of around 180million USD. Originally established as a finance company in 1983 and later commencing operations as a fully-fledged commercial bank, Spire Bank brings a wealth of FinTech knowledge and experience to the table to assist Blockbank in their endeavour. With 350,000 existing customers and a firmly-established high quality reputation, the prestigious Kenyan bank provides a solid foundation for Blockbank’s first step into supplying secured and affordable financing options for emerging economies.

This ground breaking partnership will initiate integration of commercial banking services into crypto entities, businesses, and governments globally – creating dynamic access to more affordable funding opportunities to accelerate economic growth.

The strategic FinTech partnership with Spire Bank will see the incubation of a DDMS smart contract blockchain system – the backbone of Blockbank’s platform – enabling Blockbank to provide lower cost funding solutions via Spire Banks’ infrastructure. With the capacity to provide a plethora of international banking services, Spire Bank is predicted to be a real asset to the Blockbank assembly, driving the expansion of global banking capabilities for both parties.

The collaboration of these two organizations will be a major breakthrough in fostering the development of low-cost funding options for governments and commercial entities worldwide – particularly in developing economies without current access to these services. In many developing countries, borrowing is still very expensive; with rates sometimes hitting 20%. In some countries borrowing is so expensive, the borrower has to pay enough money to pay the whole loan in 5 years just in interest payments.

Block Bank’s ICO is currently in the ICO stage, which lasts until 28th October. Token value will be driven by the demand of loans they process: The project will distribute issued tokens in the following way,

28,800,000 tokens dedicated towards the ICO sale (72% of the total tokens);
8,000,000 tokens dedicated towards the treasury (20% of the total tokens);
2,000,000 tokens distributed amongst advisors (5% of the total tokens);
1,200,000 tokens will be a bounty reward (3% of the total tokens);

A staggering $12,830,000 worth of their BBRT tokens has already been sold during the pre-ICO phase.

Tokens available on the Block bank website: https://TheBlock-Bank.com/

Blockchain: Past, Present and Future

Developments in technology have long disrupted our everyday lives. Looking back to where the world is at now, it’s hard to believe how we ever managed without the technology we have access to right in the palm of our hands. The introduction of Blockchain is no exception. Though its accumulated some criticism, it’s also had a lot of backing from many companies and investors. Here’s a look into the past, present and future of blockchain and consequently, bitcoin:

Humble Beginnings

The creator of blockchain, Satoshi Nakamoto, was perhaps unaware of how much it would take off in the years to come. Satoshi (a pseudonym) wrote a paper titled ‘Bitcoin: A Peer-to-Peer Electronic Cash System’. This is where the ground-breaking discovery was first conceived. The potential impact of this incredible revelation is still unfolding. Form what we currently understand blockchain has the capabilities of disrupting industries, managing the supply chain and positively changing cybersecurity. Shortly after Satoshi Nakamoto published the paper, Bitcoin was introduced. Bitcoin is a cryptocurrency which operates independently of a central bank system. That’s just the beginning.

Blockchain allows you to transact freely, without the use of a middleman. It offers the opportunity to transfer value across the internet, with no need for third party interference. This will have a tremendous impact on banking and payments. The most important aspect of blockchain is that it’s a real-time transaction with reduced costs. Because of the nature of blockchain, these kind of transactions also carry with them less risk.

Where Does Blockchain Stand Now?

As it stands, bitcoin is a very instable currency, with its value peaking and falling by the day. However, new discoveries are being made about the way in blockchain can be utilised to reach its potential. Developers have understood that blockchain can do so much more than just transfer currency or documents.

Blockchain is used by bitcoin to monitor transactions and activity. The traceability of each transaction is what makes blockchain so important. It can record each communication chronologically and publicly. Even with these monumental developments, blockchain is still a long way from becoming the norm. The business model needs to be refined, outlining how this technology is going to help people save money and whether or not it can be proven.

Bitcoin is being used right now. Bizarrely, a bar in Japan invested in a bitcoin machine. This changes their currency into bitcoin. This can then be used right away at the bar. Though this niche Japanese restaurant is clearly an early adopter of bitcoin, it sets a precedent for what is possibly to come.

The financial services industry was disrupted by bitcoin even in its infancy. However, it’s not only the banking and financial sector blockchain has shaken up; industries such as healthcare, music and energy all stand to benefit from it. For example, in the music industry there is still a growing problem with royalties. Often, many artists don’t claim their royalties or there are disputes over who owns which part of the song. Blockchain could potentially eliminate this problem with complete traceability down to the person. You would effectively have a global database of who wrote the song, the producers and the songwriters and who stand to get the royalties from it. It could change the music industry as we know it.

The Future of Blockchain

Blockchain has received a lot of good press, with many choosing to make significant investments in the platform. The blockchain revolution is set to gradually infiltrate the relevant industries. One of the major concerns when it comes to blockchain is its scalability. With more tokens, users, investors and exchanges taking place there is more room for error. With every single blockchain purchase, a block is added to blockchains ladder of transactions. Each block will increase the data as it carries the history of previous blocks with it. Therefore, as more networks and institutions opt into blockchain, there is the danger that it will not be able to withstand the information. Of course, no one knows whether it can because it’s not happened yet.

“Blockchain needs to adapt and evolve, including its response time” is the common thought in the mobile app development industry. Every peer-to-peer transaction requires verification, so naturally this can slow the system down – considering Bitcoin is verifying at a rate of one block every ten minutes. As the users increase, the more transactions that will be taking place. For now, bitcoin can handle around 60 transactions per second. For future development, it needs to focus on how it can turn that into 47,000 per second (what Visa can currently overturn).

Overall, the future of blockchain is exciting. It’s a safe, reliable, cost-effective and transparent way of connecting online. The rise is set to be gradual, with certain discrepancies needing to be ironed out before it can start to make a real impact.