Home Cryptocurrency
Category:

Cryptocurrency

Want to learn more about Cryptocurrency? here you will find articles related to cryptocurrency like review, wallet, exchange, and much more.

CryptocurrencyFeatured

Crypto.com Vs Binance Exchange: Which One You Should Choose and Why?

by cryptocreed
written by cryptocreed

The cryptocurrency market is growing day by day and hence competition between different platforms has also taken place. Everyone trying to attract more users towards them with their features.

Crypto.com and Binance are the two most widely used platforms, for experienced it is easy to choose but for newbies, it is still confusing.

Choosing the right platform can help you to save money and time.

In this Crypto.com Vs Binance comparison, we will compare on the basis of security, ease of use, features, government compatibility, Support, and Fees.

About Crypto.com Vs Binance

Both Binance and Crypto.com are registered companies with government bodies. Also, both of these platforms also claim that they obey all local government laws and regulations.

Crypto.com was founded in 2016.

Kris Marszalek is the founder & CEO of the company he comes from Hong Kong. They have more than 10 Million users from 90 countries.

The executive team has more than 28 members while the total number of employees is more than 3K. More than 496 jobs are available while writing this article. Click here to check available jobs on crypto.com.

Binance was founded in 2017.

Changpeng Zhao is the founder & CEO of Binance and he is a Chinese-Canadian resident. The company was first operated from China but govt’s crackdown lead them to move to Japan

They have a team of more than 2K employees from 20 locations. They have available jobs that can be found on this page.

Also Read: Binance Mining Pool Review

Also Read: 10 Best Crypto Trading Bots

Crypto.com Vs Binance Security

Security is one of the most important things that every user should be aware of it. let’s check out the security of both platforms.

Crypto.com Security

  • 100% of all cryptocurrencies are held offline in a cold wallet.
  • They have secured 750M in cold storage insurance physical damage.
  • Uses multi-signature, key-generation, and HSM technology to secure funds.
  • Hot wallet funds are corporate funds.
  • Uses Multi-Factor Authentication.
  • Received many certificates from security companies like ISO/IEC 27701:2019, PCI-DSS v3.2.1.
  • SOC 2 Compliance

Binance Security

  • A major chunk of user funds is stored offline or in cold storage.
  • Supports 2FA it includes hardware, app-based, and email.
  • All user’s data are stored are encrypted, data in transit is also safe because of end-to-end encryption.
  • Supports IP & wallet address whitelisting plus API access and device management.
  • They store 10% of trading funds to protect the share of users’ funds against any unconditional loss.
  • Binance followed law enforcement from 80+ countries.

Crypto.com Vs Binance Past Hacks

Binance was once majorly affected by hacks in 2019 when hackers successfully stole more than 40 Million USD worth of Bitcoin only. But because of their SAFU funds users who lost their funds got returned by Binance.

Crypto.com never got hacked as per public news but there are some rumors that it got attacked by hackers many times but nothing got revealed by the team.

Binance Vs Crypto.com Customer Support

There are multiple methods to contact the crypto.com support team. You can contact them in their Live Chat using an app or website but it takes up to 5 hours to reply. You can also ask for help through email at contact@crypto.com or they have a specific Twitter account for help https://twitter.com/cryptocomcs.

Limited methods to contact Binance. Their live chat is almost active every time hence there are more chances of getting with their live chat and there are no more methods available except filling the form for deposit.

In addition, both have a support page where you can find articles that covers every basic question.

Transaction Fees

Transaction fees are the matters a lot and it is one of the main reason to choose any cryptocurrency exchange. It affects the whole of your trading and profit amount.

Both of the platforms have different trading fees as per trading volume. The basic trading fee on Crypto.com is Maker: 0.4% Taker: 0.4%, so suppose if you trade $1000 then you have to pay around $4.00.

For Binance they do have 0.1% of Maker & Taker fee which means if you trade $1000 then you have to pay around $1.00.

Both of the platforms do have their own native coins, if you use their native coins to pay the trading fees then you will get a bonus on the trading fee.

Join using our link and save 40% of your trading fee.

Comparison Between Crypto.com and Binance

Following the comparison, on reports that are publically available on the date 09/Jan/2022.

 Crypto.comBinance
Head officeHong Kong, ChinaGeorge Town, Cayman Islands
FounderKris MarszalekChangpeng Zhao
Year Founded20162017
Own TokenCROBNB
Newbie FriendlyYesNo
KYC ProcessMediumMedium
Trading Volume114,454 BTC+1,687,102 BTC+
APIYesYes
Countries Supported90+180+
FeesMaker: 0.4% Taker: 0.4%Maker: 0.1% Taker: 0.1%
StakingAn interest rate of 6.5% on crypto and 12% on stable coinsVarious currencies with a different interest rate
Deposit methodsWire, ACH transfer, Debit & Credit CardWire, Credit card, debit card, P2P, SWIFT
SecurityHighHigh
SupportMediumLow

 

0 comment
What Is Tornado Cash
Beginner’s GuideCryptocurrencyGeneral Info

What Is Tornado Cash? How To Use Tornado Cash To Become Anonymous

by cryptocreed
written by cryptocreed

Tornado is in news for the last few months since hackers started using it for mixing their stolen Ethereum. Kucoin exchange hack or Liquid exchange hack money are used to mix through Tornado Cash.

Do you know why? Because it leaves no footprint to track for. $97 million Liquid exchange and Kucoin hack were of over $150 million. There are many more.

Tornado Cash can be used for good and personal causes and that’s why it is rocking with a 358 BTC market cap as per CMC.

Their tagline says A fully decentralized protocol for private transactions on Ethereum. We are going to check what is Tornado Cash and how to use Tornado Cash by beginners.

What Is Tornado Cash?

Tornado Cash is a decentralized and open-source noncustodial privacy solution for the Ethereum network. It helps users to hide their real identities by removing footprints from each transaction.

It breaks the on-chain link between the sender and receiver address. The platform is using zkSNARKs (zero-knowledge proofs) technology for privacy protection.

The website says that “Tornado Cash protocol is developed based on awesome open-source research by the Zcash team with the help of amazing Ethereum community.”

Tornado Cash uses smart contracts that allow users to deposit using any ETH address and withdraw to a new address that has zero balance in it.

Tornado Cash Is Tracable?

In a simple way No.

But if you use your mind then you might track down someone.

If you got 50 ETH in your wallet and somehow a hacker hacked your wallet and stole your 50 ETH.

Definitely, a hacker used to send your 50 ETH to his empty wallet so no previous record left.

The hacker is not going to sit with that ETH for long right? So what he can do next? He can either withdraw or use them somewhere.

But he knows if he will use that ETH somewhere then he will get caught or even if he tries to sell on an exchange he will get caught then definitely he will not do that.

Here he gets the simple and easiest way to hide, it is Tornado Cash.

If the hacker deposited 50 ETH in the Tornado Cash pool and he withdraws 50 ETH to any new address at the same time,  then you can check the withdrawal address and see what it does.

If he goes to the exchange site then simply you can contact that exchange to freeze the hacker’s account and talk for a refund.

But hackers are not noobs they do not mix the whole amount once and they do not withdraw same time. They do mix coins in laps.

How To Use TornadoCash?

As we know mixing is not a new idea but Tornado Cash makes it easy and simple with extra features that everyone can use even those who don’t have technical knowledge.

1. Launch APP & Connect

The first step is to open its website, make sure you are on the correct website, https://tornado.cash. After visiting the website click on Launch APP.

Next, you have to connect with the wallet simply we are going to choose Metamask. You can choose any given network from ETH, BSC, xDai, or PolyGon.

Also Read: What Is Cold Storage Wallet & List Of Best Cold Storage Wallet

Also Read: 10 Best Solana Wallets To Store SOL Coin

2. Set up Deposit

Now let’s choose the coin you want to deposit, as of now they support ETH, MATIC, USDT, DAI, USDC, and WBTC coins.

After choosing a coin, suppose Ethereum, now choose the amount you want to deposit, you can deposit the following amounts only 0.1, 1, 10, or 100 Ethereum.

3. Save The Note

The most important step.

While depositing you will find the screen notification saying Save Note, copy and save that note.

This note is the key to withdraw your fund from a smart contract. After saving check the box and click on Send Deposit button.

4. Confirm Transaction

Once you click on Send Deposit you will get a confirmation message on your wallet after confirming the transaction wait for some time and you can track the transaction using Etherscan if it is deposited or not.

5. Withdrawal

Want to withdraw your funds now? Who doesn’t want to?

Go to https://app.tornado.cash and connect your wallet as you do. Click on Withdraw button.

Enter the Note texts that you got in step 3 and enter your Recipient Address.

Tornado Cash Token

Tornado.Cash has its own coin and it is called TORN. The current price of the Tornado cash token is $62 and the market cap is 1500 BTC.

Torn is ERC20 based token trading on different exchanges including Binance, Gate.io, and Uniswap.

Tornado cash coin can be used to participate in community voting where the community can vote for governance proposals. You must hold 1000 TORN to vote.

0 comment
Create Litecoin Paper Wallet
AltCoinCryptocurrencyWallet

Best Litecoin Paper Wallet Generator and How To Use LTC Paper Wallet

by cryptocreed
written by cryptocreed

If you are using Litecoin or LTC then you might be looking for the safest place to store your Litecoin right? Then you should use Litecoin Paper Wallet because it is one of the safest ways to store your cryptocurrencies including Litecoin.

Litecoin (LTC) was introduced on 7th OCT 2011 by Charlie Lee, he is a former Google employee. The following Paper Litecoin wallet is reviewed by us. At the current time, LTC is the 12th most famous and largest cryptocurrency by market capitalization.

If you are looking to store a big amount of Litecoin or planning to purchase Litecoin in large amounts then you may need the safest wallets to store your LTC.  Paper wallets and Hardware wallets are considered some of the best places to store cryptocurrencies.

In this post, we will check out the list of the best Litecoin Paper Wallet and how to use Litecoin paper wallet.

Related: How To Start Litecoin Mining Guide

Related: Best Litecoin Cloud Mining Platform

First, let’s check out the list of paper wallet generators.

Best Litecoin Paper Wallet

There are around 5 active paper wallet generators on the internet but only a few are active, specifically, only two are active and safe.

TheseLlitecoin paper wallet generators should be used on desktop devices, will not work on mobile devices.

LitecoinPaperWallet.Com

LitecoinPaperWallet.Com is using open source code to allow users to create or generate Litecoin addresses. The website is accessible in different languages like France, Italian, English, Deutsch, Polish, and many more.

Below I will explain how to use this wallet to generate an LTC paper wallet.

LiteAddress

LiteAddress is another Litecoin cryptocurrency paper wallet generator. Both the above site and this works on the same code. Code is already available on GitHub which anyone can access. Also, it can be run by anyone.

Inactive Or Scam Litecoin paper Wallet

There are some inactive and not-safe cryptocurrency wallets that you must try to avoid. Below are some.

WalletGenerator.Net

If you searched the following phrases on Google ” Litecoin paper wallet” then you might see WalletGenerator.Net on top of the list but if you are using Metamask then you will get to know why they are not safe.

Metamask blocks them and marked them as phishing websites.

Also, some users have reported that they lost their balance by using WalletGenerators generated wallet.

BitconPaperWallet

Metamask warns the same. There are posts that mention that users lost their money from wallets that are generated by using BitcoinPaperWallet.

It has the name BitcoinPaperWallet but it also allows you to generate a Litecoin wallet.

How To Use Litecoin Paper Wallet

First, you have to choose your paper wallet, in this guide, I am going to use LitecoinPaperWallet.Com.

Now visit the wallet website by clicking here.

  • After visiting the home page you will find the below screen.

Litecoin paper wallet homepage

  •  Now you have to move your mouse cursor on their home page, move till page refresh automatically and new page open.
  • After that, you will find a new page similar to the below image.

ltc paper wallet

  • Here you can see your wallet address which starts with “LfG7xhVQVd……” and the private key that starts with “6v5Df8sNsqKs777……“

Note: Never share your private keys with anyone.

  • Now you can see the Print button on top of the Private Key.
  • After clicking on the Print button you can save it as a PDF or can use the printer to print.

Now you can use your wallet address to receive LTC. You can also check Litecoin’s paper wallet balance through wallet explorers but to send or Litecoin to another wallet you need to access the wallet right?

You need to import your wallet to any LTC wallet that supports the import option. Lite-Wallet and Electrum-LTC are two officially supported wallets where you can import Litecoin paper wallets.

Paper wallets are the best and secure way to store cryptocurrency but it involves risk too. In case you lose your private key then you will not get your fund back.

How To send Litecoin From Paper Wallet?

The paper wallet doesn’t allow you to send Litecoin.

Don’t worry. It doesn’t mean you can transfer your Litecoins.

To send Litecoin from the paper wallet you need to access your wallet through any wallet that allows you to log in using a private key or like Electrum or you can also use hardware wallets.

To check paper wallet balance Litecoin you need to use Litecoin explorers.

0 comment
Beginner’s GuideCryptocurrencyTrading

KoinKnight Review: Simple Way To Arbitrage Cryptocurrencies

by cryptocreed
written by cryptocreed

If you are a trader or planning to start trading then you should use do arbitrage trading instead of simple trading.

Arbitrage is the process of buying and selling the same coin at different rates on different exchanges.

For example, you purchased BTC at the rate of $100 from Binance and sold that BTC for $115 at Kucoin. This whole process is known as arbitrage.

But arbitrage is not as simple as it looks, prices are changing simultaneously, and tracking it is not easy. Hence there are tools like KoinKnight that help you to understand where to buy and where to sell.

Also, check out the article on the list of arbitrage platforms.

Let’s start our KoinKnight review.

Join Binance & Kucoin using the following link to save 40% trading Fee.

https://www.kucoin.com/#/?r=E59Pqv

https://www.binance.com/?ref=11271138

What is KoinKnight?

KoinKnight is the Google for arbitrage traders, as per their website it is an arbitrage search engine that allows its users to take quick decisions and make huge profits without taking much risk.

It is the automated price tracking and showing a profit by using exchanges API. The prices are provided are for real-time and they can change anytime if you want to make a profit then do check prices on exchanges as well.

Exchanges Supported By KnoinKnight

It supports more than 30 exchanges including major cryptocurrency exchanges like Binance, Gate.io, HitBTC, WazirX, Bittrex, BitBNS, and many more.

But things to remember here is that not all supported exchanges are active, they have listed some inactive exchanges too in their list, but not to worry as they will not appear on your trading list.

KoinKnight Arbitrage Features

Arbitrage:- The main feature is arbitrage which we all know. You can find arbitrage opportunity for different coins and exchanges.

Set Alerts:- Users can set alerts for specific coin and exchange. You will get notified for each activity for selected coin.

Orderbook Comparison:- You can compare the prices from orderbook itself.

Downloadable Reports:- You can download arbitrage and analytics data from the platform. And you can check if you want to utilise it or not.

Referral Earning:- They have cattractive refferal commission program. You can earn up to 20% of referral commission.

Arbitrage API

Want to do arbitrage trading on your own app or web or want to integrate arbitrage feature on your app then you should use their API for sure.

API might not available for free as they didn’t mentioned anything about its price. You have to contact them by sending message to get access of Koinknight API.

Open Your Account

You can either create an account by purchasing their 10 days, 30 days, or 90 days plan. If you just want to test their platform then you can do bu just registering on their website.

KoinKnight Alternatives

There are few more alternatives that you can use instead of Koinknight. Following are the best and trusted arbitrage opportunities and platforms.

  • BitsGap:-  It is a crypto arbitrage bots that allow you to do trading and arbitrage trading within a single platform.  They show you the latest crypto arbitrage opportunities.
  • HaasBot:- It is a part of the HaasOnline which is an advanced crypto trading platform. You can start using their platform as low as 0.006 BTC for 3 months 0.039 BTC for 9 months with all features.

If you want to check out the list of best cryptocurrency arbitrage platforms.

0 comment
HOW TO RETRIEVE STOLEN BITCOIN_ RECOVER SCAMMED BITCOIN
Beginner’s GuideCryptocurrency

How To Retrieve Stolen Bitcoin: Recover Scammed Bitcoin

by cryptocreed
written by cryptocreed

Since the cryptocurrency market is growing rapidly hackers are also finding their own methods and ways to scam people. Already millions of dollars in Bitcoin and in other cryptocurrencies are either getting hackers, stolen, or diluted by hackers & scammers.

But as we know every problem comes with a solution. If your bitcoin got stolen and you don’t know what to do then you have to stop worrying first of all. No matter how much you cry, you are not going to get it back by crying.

As we all know cryptocurrency transactions are not reversible, hence once you sent BTC to someone by mistake then you can’t hope that you will get it back by just raising a dispute as we can do in Paypal.

Now the question is what to do and how to do it. Here in this article, you will get to know the best and trusted methods to get back your stolen cryptocurrency funds.

Also, beware of fraudsters and scammers. You will find scammers who claim that they can help you to get back your crypto but in the end, they will scam you and you will get nothing.

So what you should do to recover scammed Bitcoin?

Also Read: Best Cryptocurrency Exchange In India

Also Read: List Of Multi-CryptoCurrency Wallets

How To Retrieve Stolen Bitcoin Funds

Hire Recovery Service Provider

The suitable and only best method to get your coin back. For now, there is one 1 recovery service provider that seems trusted and safe, it is a Confirm.

Confirm is the London-based registered company. Even you can trust them with their domain name, confirm.com.

They are also in news for positive reasons many times.

To contact them you have to visit their website first and then fill the form, you have to provide all the details they do ask. Once you submit your request you will get a contact back from the team in case they approve your request.

At this stage, they will tell you about the fees you have to pay. And in the end, you will get your funds back.

Actually, tracking stolen bitcoins is their job and they are good at this.

Confirm teams receives many requests regarding claims and hacks, hence it might take time to respond to you back.

Avoid Scam Recovery Teams

There are many scammers roaming on the internet. Who claims that they will help you to get your BTC back but they don’t.

What they do is just take money from you and run away.

HooperGroup is the scam website that does claim such deals. Here you can find a BitcoinTalk thread where someone claims that he got scammed by HooperGroup. He got scammed of $50,000.

 

Do not forget to share the “How To Retrieve Stolen Bitcoin” this article so more people can be aware of it.

0 comment
KNOW EVERYTHING ABOUT FAKE BITCOIN WALLET BALANCE
Beginner’s GuideCryptocurrency

Know Everything About Fake Bitcoin Wallet Balance

by cryptocreed
written by cryptocreed

Since Bitcoin price is rising and people accepting cryptocurrency more & more the bitcoin scam is also growing fast. There are already many cryptocurrency wallets, exchanges, the platform got hacked by a hacker.

There are some simple hacks to which can be used to prank your friends.

In this post, I will tell you interesting things about the fake bitcoin wallet balance hack.

Remember if someone is claiming that he can provide you such a script or software then stay away from them, these things can create huge problems for you. Just be simple and enjoy prank hacks do not fall in love with real hacks.

Fake Bitcoin Wallet Balance APP

There is an app on Playstore which is fully made for fun. You can use this app to show your friends or known ones that you have millions of dollars in BTC.

The BTC you will get will be fake and you can just use it to show someone but not for real use. Just download the app from the google play store and select the numbers of coins you want to have in your wallet.

You can also remove the numbers of coins from your wallet, just choose the numbers of coins you don’t want to have in your wallet.

There is some other fake bitcoin wallet app too but those are very outdated.

Click here to open the app download link.

Also Read: PXBitcoin Transaction Builder

Also Read: 5 Best Ethereum Classic Mining Pools To Mine ETC

Hire APP Developer

If you do not want to purchase these tools or apps directly from sellers (of course it is not the trusted way) then choose the freelancing platform to hire experienced developers.

They will help you to get your own fake bitcoin wallet balance app so you can ensure that you are not falling into any scam.

 

I never suggest using these tools or software to scam others after all people are doing lots of hard work to earn a small amount of money and you should not take that money in just a second. Just be friendly with others. And keep sharing us.

0 comment
FaucetPay Review
Beginner’s GuideCryptocurrencyReviews

FaucetPay Review: Scam or Legit Crypto Microwallet?

by cryptocreed
written by cryptocreed

Since FaucetHub is closed there was no trusted micro wallet in the market but faucet owners don’t have to worry about it.

There are some more micro wallet sites that you as a faucet owner can use like Coinpot and Expressfaucet. I will review them later in our upcoming review posts.

FaucetPay is the brand new Crypto MicroWallet site. Let’s review Faucet Pay now.

What Is FaucetPay?

FaucetPay is a simple and secured MicroWallet site that was launched in the year 2019. It allows faucet sites to accept microtransaction from faucet sites. It allows faucet owners to host and pay payments through BTC, ETH, DOGE, LTC, DASH, DGB, TRX, and TETHER.

They have the same feature as FaucetHub of Anti-Fraud. It means on detection of the fake user or bot claim FaucetPay system will track and refund their balance to the faucet owner.

Related: Click Here To Check Other Microwallet Sites

Faucetpay Features

Faucetpay is one of the advanced Microwallet service providers. They have very extra and secured features which you can use for your faucet.

Multiple Cryptocurrencies

Currently, they support 8 major cryptocurrencies including Tron, Bitcoin, Ethereum, and Digibyte. More coins are coming soon on the platform.

Instant Crypto Swap

On the faucet pay, you can swap or exchange any cryptocurrency into any other crypto coins. For example, you have DASH then you can convert it into Bitcoin with just one click.

Faucetpay Wallet

Yes, they have a wallet but it is used for faucets and storage but I recommend not to store more than $20 to $50 at a time there.

API For Faucet

If you are a faucet owner then you will love them for sure. You can connect your faucet through API and so you can send payment to users instantly.

Rate Limits

Rate limits are a great feature to protect your faucet from abusers and hacks. You can rate-limit your faucet withdrawals to a certain amount over a time frame.

Games

Do you love to play the game? Then there are some games for you like Dice, Crashes, Limbo, Roulette, Plinko, OfferWall, and PTC.

Withdrawal Method and Fee

First of all, there is no fee for depositing any coin but yes there is a fee for withdrawing coins. The minimum withdrawal fee is 0.00025000 BTC and 0.00750000 ETH for withdrawing Bitcoin & Ethereum and for other coins check below.

Dogecoin0.00%1.00000000 DOGE
Bitcoin Cash0.00%0.00010000 BCH
Dash0.00%0.00005000 DASH
DigiByte0.00%0.50000000 DGB
Tron0.00%0.50000000 TRX
Tether TRC200.00%0.10000000 USDT
Litecoin0.00%0.00005000 LTC
Feyorra0.00%100.00000000 FEY

Also Read: Buy and Sell Bitcoin Using Paypal

FaucetPay Referral Program

Check below how much you can earn from each referral activity.

0.50% each time your referral places a bet at MULTIPLY BTC (DICE).

0.30% each time your referral places a bet at MULTIPLY BTC (CRASHES).

0.30% each time your referral places a bet at MULTIPLY BTC (LIMBO).

0.27% each time your referral places a bet at MULTIPLY BTC (ROULETTE).

0.10% each time your referral places a bet at MULTIPLY BTC (PLINKO).

50% revenue share each time your referral exchanges their coins at our EXCHANGE.

25% of the offer reward each time your referral completes the offer at our OFFERWALL.

50% of the PTC reward each time your referral completes an advertisement at our PTC.

Is FaucetPay Is Legit or Scam?

Faucetpay is 100% legit and a trusted micro wallet site till now. I am using them since their launch any never faces any problem with them. if you are new then I recommend using them at least once, you will love to use them. Once you Faucetpay login, it is your own.

Do they have the app? there is no Faucetpay app.

FaucetPay Script and Plugins

Yes, they do have their own Faucet script and WordPress plugin.

If you are planning to use a crypto faucet on your WordPress website then you should try Faucetpay WordPress Plugin.

It is absolutely free to use, click here to access their script and plugin.

What Is Feyorra?

FaucetPay has launched its own utility token called Feyorra (FEY). They will distribute 5% of the supply via our Feyorra faucet. To check if you are eligible, please click HERE. Feyorra wallet is supported within the platform.

Feyorra to USD? no rates are disclosed yet.

0 comment
Cryptocurrency

How To Buy A Ethereum: Should I Buy Ethereum In 2021?

by cryptocreed
written by cryptocreed

Ethereum is currently in the second spot, according to coinmarketcap. With a market cap of 3542693 Bitcoin. Most people know only two cryptocurrencies and they are Bitcoin and Ethereum.

I already published many articles on Ethereum like Eth Faucet, mining guide, smart contract, and a few more.

Want to buy an Ethereum? Here you will find a simple guide on how to buy A Ethereum, most definitely this guide is only for beginners so let’s begin.

What Is Ethereum?

You should know at least the basics of Ethereum. Ethereum is a cryptocurrency like Bitcoin. It was proposed by Vitalik Buleterin in 2013 but went live in 2015. It has a block time of 15 to 20 seconds.

The ATH was in Jan 2018 that is $1448.18.

The ATL was in Oct 2015 that is $0.432979.

If someone has purchased 1000 ETH at $0.4329 in 2015 and sold for $1448.18 will get a total of $1,44,8180.00. This is what cryptocurrency is.

But currently, it is trading near $576.

Why To Buy Ethereum?

There are already more than thousands of coins trading and Ethereum is one of them. So why to buy Ethereum only? There are many reasons and there can be many reasons.

First of all, it is one of the trusted coins and holding the second spot for the last many years. Second, it is backed by smart and knowledgeable persons.

Why not to buy Ethereum? If you are a small trader then it is not for you. because the price of Ethereum is not changing frequently.

Should I buy an Ethereum? If you ask me then I will say yes but buying cryptocurrency for trading purposes or for holding contains high risk. Only use to hold when you have enough knowledge.

How To Buy A Ethereum In 2020?

Step 1: Have Ethereum Wallet

Before buying Ethereum you need to have a secure wallet. If you don’t have your own ETH wallet then I suggest checking out the list of erc20 supported wallets.

I always recommend using hardware wallets. Ledger Wallet is one of the best hardware wallets you can use to store your cryptocurrency including Ethereum.

Step 2: Choose The Exchange

This is another most important step. Choosing a trusted exchange is required. There are already more than 300 active exchanges, some of them are legit, some are scams, and some are dead.

While selecting the exchange you need to know the following things.

Withdrawal and Deposit Fee: The first thing you need to know is how much does an exchange charges for withdrawing & depositing. Some do charge some BTC and some don’t even take any fee.

Trading Fee: Most exchanges do charge somewhere between 0.1% to 0.2% on each trade. There are some exchanges that don’t even charge a trading fee.

Trading Volume: You need to check if there are buyers and sellers on exchanges or not. You can check the last 24 hours volume to know if trades are happening or not.

I already listed the best and trusted Cryptocurrency Exchanges here.

Method To Buy Ethereum Online

There are many methods and websites to buy ETH and here I am going to mention the best of them.

Buy Ethereum With Paypal

Do you want to know How To Buy Ethereum With Paypal? We know that crypto payments are irreversible but Paypal payments are hence most of the exchanges don’t support Paypal.

What if you send someone BTC and he sends you Paypal money but after a few days he reverses the payment & gets sent PayPal money back? You will be not able to do anything. Yes, you can contact support but it wouldn’t work at all.

Related: Buy And Sell Bitcoin Using PayPal

Where to buy Ethereum with Paypal? Buying ETH through Paypal is possible from platforms like xCoins, xCoins is available in more than 40 countries with more than 300K users. Not only Paypal, but it also allows you to deposit through Card and Check.

LocalCryptos is a P2P cryptocurrency exchange, where you can buy and sell ETH using Paypal and many other different payment methods. It is similar to LocalBitcoins.

But recently in mid-2020 Paypal started allowing its users to purchase four cryptocurrencies within Paypal. Users can buy ETH, BTC, BCH, and LTC on Paypal which will be started soon.

Buy Ethereum With Debit and Credit Card

Nowadays all major exchanges support Credit Card and Debit Card. If you have a Credit Card then you can go to Binance as they are trusted and fast.

Where to buy Ethereum with a debit card or credit? As most of the exchanges do support cards, hence you can use any exchange to purchase crypto.

How to buy Ethereum using a credit card?

  1. Go to the exchange site.
  2. Select ETH as purchase.
  3. Choose payment method as Cards.
  4. Enter the amount in ETH or equals to USD or any local currency.
  5. Click confirm to continue your purchase.

Buy Ethereum Instantly

Buying Ethereum is possible but does buy it instantly is possible? BitPanda and Changelly allow you to purchase Ethereum instantly. The fees on both sites are very affordable.

How To Buy Ethereum Stock?

First of all, Ethereum is not a stock. And hence you can’t purchase any ETH stock but yes now it is possible to purchase cryptocurrency Stock in various companies through FTX exchange.

Register on their website and visit their stock page. I highly suggest using the stock exchange only when you have enough knowledge about it.

How To Buy Ethereum 2.0?

Ethereum 2.0 is not any new token. You can’t buy the ETH 2.0. 2.0 Is a new proposal proposed by the Ethereum team to upgrade Ether.

Buy Ether On Coinbase

Coinbase is California, the USA based Bitcoin & Altcoin exchange. They are trusted but the fees on them are quite high.  It is available in more than 110 countries and accepts almost all local payment methods.

You can buy using USD, GBP, AUD, or EURO. Coinbase is considered the safest way to buy Ethereum in 2020.

How to buy Ethereum on Coinbase?

  1. Click here to open an account
  2. Complete KYC, it will take not more than 24 hours
  3. Add your payment methods
  4. Select ETH and enter the amount you want to purchase
  5. Click on the Buy Ethereum button.

How To Invest In Ethereum?

Ethereum is one of the best coins and the price of it is rising steadily. If you are thinking to invest for the long term then you can invest but if you are planning for instant ROI then I suggest doing some research before investing.

Investing in any cryptocurrency includes risk hence invest on your own risk.

How To Buy Ethereum In India?

In India, there are few cryptocurrency exchanges available like CoinDCX and BitBNS. You can buy ETH using INR from this website. most of this site accepts payment methods like UPI, PayTM, Bank deposit, and credit & debit cards too.

How To Sell Ethereum?

Most probably you have purchased or want to purchase ETH and want to make sure how to sell it, right? All cryptocurrency exchanges which support are open to selling ETH for example you can sell it on Binance, Coinbase, Kucoin, OKEx, or any other exchange sites.

You can sell Ethereum for PayPal too on LocalBitcoins.

Frequently Asked Question

When to buy Ethereum?

Anytime is a good time. It depends on the purpose of buying. No one knows what will be the price of ETH tomorrow or after a few minutes. How to buy ethereum cryptocurrency.

Where to buy an Ethereum at a cheap rate?

If you want to save the trading fee and other fees then go with Binance, because it offers discounts on trade and withdrawal on using BNB token as a means. how to buy Ethereum without fees.

What price to buy Ethereum?

If you are a trader then you have to keep checking the price every time and buy according to it. You can buy it now and sell it after the price goes up or HODL it.

Is it possible to buy ETH for under 18 people?

Technically it is not possible because all exchanges ask for KYC and payment methods like banks and cards are needed KYC for sure.

But yes you can use family members’ credit or debit card to purchase it, but do it under proper guidance only.

How to buy Ethereum tokens?

ETH tokens are coin in itself. So it depends on each coin where they are trading.

How to buy Ethereum anonymously?

P2P exchanges allow it’s users to do trade anonymously.

Conclusion: I wanted to add Ethereum ATMs to this list but they are not available for most people. Ether is a trusted project so I suggest keeping your eyes on it.
0 comment
Cryptocurrency

Bubblext Review – Is Bubblext Scam or a Trusted Broker?

by cryptocreed
written by cryptocreed

It goes without saying that the global pandemic is responsible for the financial downfall of most companies and countries. Even the stock market recently reached record lows in the past few months.

However, despite these record downfalls, I am not surprised to see the financial market bounce back in a considerable way. Cryptocurrencies, for the most part, have fueled this revitalization of the financial market. Even with record lows, the crypto market has been doing very well throughout these past months.  

In fact, many people have turned to the financial market in a time of rising unemployment and lockdowns. And with so many people taking their first steps into the financial market, they will need a broker to help them trade. 

Financial Options Available

Bubblext is a brokerage firm that offers a very robust selection of investment and trading opportunities. You may be wondering why you need a broker in the first place. Simply put, brokers are the bridge that connects you to your trading opportunities. And with their help, you can make smart and educated financial decisions. 

Your key financial decision will be choosing one of the three financial options that Bubblext offers. These three assets include Stocks, forex, and Cryptocurrency. 

Stocks

Let’s start off with the most popular asset every broker offers, stocks. These stocks can offer very promising returns and allow investors to have a stake in a company. Therefore, if you buy enough stock, you can become part-owner of the company. 

While it is certainly a great option in terms of its returns, it is also very volatile. Stock prices can skyrocket and fall within the span of a day, making it very risky. But if the company that you invest in does a good job, you can expect significant returns. 

Forex 

Next, we have Forex trading, which is one of the biggest financial markets in the entire world. You can trade in various currency, and hold onto it as an asset. When your traded currency moves to the position that you hoped, you can convert it into your local currency. 

A major concern that traders have before dealing in Forex is whether the broker is trading legally. Although trading Forex is not illegal, some brokers who trade in Forex do so by not following certain laws. With that being said, Bubblext trades Forex while following necessary laws. 

Cryptocurrency 

Finally, the last asset that Bubblext offers is cryptocurrency. The first thing that you need to understand about Cryptos is that they are not stocks. When buying a certain cryptocurrency you are not buying part ownership of any company. Instead, you will be buying their product. 

Trading cryptocurrency is very similar to trading Forex, where traders can trade in their currency of choice for a profit gain. These currencies work in various online stores, allowing you to use them as they are as well. 

Bubblext offers popular cryptocurrencies such as Ripple, Ethereum, and BitCoin. 

Various Account Types

Bubblext, similar to most brokers, offers traders various accounts to trade through. These accounts come with various perks and tools, allowing traders on each level to reach their fullest potential. So depending on the amount that you deposit, you will have varying tools to work with.  

Bubblext Silver Account 

The silver account is the starting account for traders, with a minimum deposit of $10,000. While this may certainly seem like a lot, it actually contains plenty of features that make up for the increased price. 

It offers a basic training center to help you learn more about trading in general, as well as 24/7 customer support. Customer support can answer any questions that you might have about the service itself. You also receive 1 on 1 basic training along with the trading news and a maximum trading size of 100 lots. 

Bubblext Gold Account

Gold account is the second tier of account types that Bubblext offers users. The gold account requires a minimum deposit of $25,000 and comes with all of the features of the silver account and much more. 

The key difference between the silver and gold accounts is the personal account manager. The gold account’s personal account manager helps with various aspects of your account. Of course, this account caters more to traders that know their way around the market. They have a deep understanding of trading and are very good at trading. 

Moreover, they will also have 400 more lots than the silver account, giving traders 500 lots in total. 

Platinum Account 

The platinum account is the second highest account type available for traders. The platinum account requires a minimum deposit of $50,000 to take advantage of its features. 

It comes equipped with all of the features of the previous account, with a few more to boot. There are no withdrawal fees when you have the platinum account, as well as no swap commission or minimal trading fees. You will also receive a VIP account manager, that will bring a lot more diversity to your account.

Signature Account

This is the highest account type that most traders can have, and requires a minimum deposit of at least $250,000. The signature account offers everything t Bubblext’s disposal. Here you will have a personal session with a market analyst as well as private banking. 

Traders that have a signature account will also have a leverage of 1:300, which puts them at an incredible advantage. They can also receive up to 70% insured contracts, allowing them to reduce their liability. 

Of course, they also have access to all the features found in previous accounts. Therefore, they also have access to trading news, unlimited lots of trading size, a full education center, and a trading algorithm. 

Take the First Step towards Trading At Bubblext

Trading has never been easy, but it will always be very lucrative. Take calculated risks and reap the benefits of your trades and investments. Remember that you will have to take calculated risks in order to make a significant profit. And through a proper broker, you can make smarter and more educated decisions.

0 comment
Beginner’s GuideCryptocurrencyReviews

Monero Review: How To Buy, Price, Arbitrage, Wallet

by cryptocreed
written by cryptocreed

When we talk about cryptocurrency, Bitcoin comes in our mind because it is the first, most used, and famous coin. The main concept of cryptocurrencies was decentralization, transparency & privacy. Every coin comes with its own unique feature and uses cases. No doubt Bitcoin is the most used coins but here Monero wins the race in privacy.

In this Monero review, we will take a deep dive into the Monero coin.

What Is Monero Coin?

The Monero is formerly known as BitMonero which was first introduced in April 2014 by BitcoinTalk user thankful_for_today, It was the fork of Bytecoin (uses CryptoNote technology). But due to some controversial changes were planned to implement which the community doesn’t like.

You can read all the original posts on the forum. After that core team did fork and implemented community-guided changes.

Most coins do some pre-mine or instamine but Monero coins didn’t mine any coin and did not allocate any coin to the dev.

Features of Monero Coin

Monero is known for its privacy. It is a Secure, Decentralized, and Private. Here are the main features of Monero cryptocurrency.

Privacy

The monero mainly focuses on its privacy. With other normal cryptocurrencies like Bitcoin anyone can track the transaction and can find out the read sender or receiver but this is not the case with the Monero.

Are monero transactions traceable? If we believe in some reports and authorities then yes, they found out the method to track XMR transactions. I will explain to you that later in this article.

Coin using RingCT, which was first introduced in the year 2017 in block no. 1220516. RingCT is the upgraded version of Ring Signature.

Ring signature allows us to hide the transaction and that makes it untraceable. Check the below image to understand how it works.

RingCT monero

Stealth Address makes privacy 100% secure. The stealth address allows the sender and receiver to keep transaction details between them.

Monero wallet lets the user create a new and one-time usable XMR address through which he or she can receive XMR. Hence it is one-time use only and has no footprints it is almost not possible to track any activities done on that.

RingCT and Stealth Address makes possible the part of the hiding profile of the sender and receiver.

Proof Of Work (PoW)

With Bitcoin, it is not profitable to miner BTC using CPU and it is only profitable using GPU which requires a huge amount of expenses, it means only those people can mine BTC who has a huge amount of money in their pocket.

Monero is different, it is based on RandomX that is useful for CPU mining.

Block Size

Another unique thing is Monero doesn’t have a fixed block size. So there will be no maximum block size and each block will be created every 2 minutes.

Is Monero Traceable?

Till mid-2020 it was not traceable, but in mid-2020, CipherTrace introduced Monero or XMR tracing tool for US regulators.

“CipherTrace delivers Monero tracing tools to the U.S. Department of Homeland Security to support investigations of crimes.”

So now can monero be traced? If we follow CipherTrace then yes it is traceable but from the Monero team, they didn’t say anything on this yet. So saying most untraceable cryptocurrency, for now, is Ok till the team does not disclose anything further.

XMR Monero Price

At the time of writing, this article price of monero coin is $112 per XMR coin. If you check XMR price chart, ATH of XMR was $495.84 on 7th Jan 2018 and ATL Monero XMR price was $0.212967 on 14th Jan 2015.

Will Monero Price Rise

According to history and the project team, it is highly possible that the price will rise. The above price prediction tool can help you to understand if the price will rise or not.

Monero Price Prediction

Predicting the price of any cryptocurrency is very tough because many things are there which matters like project, team, market, and others.

It is estimated that the price of XMR in 2025 will be $1200 and it was predicted that the price of Monero coin in 2020 should be $150 to $200 and it is around that.

Monero ROI

If you have invested in XMR in their launch, you should get 4,443.23% now.

Best Monero Wallet

I suggest using hardware wallets for better security. For daily security, you can use a desktop or mobile wallet. Never ever use exchanges to store your coins because they can get hack and you might lose your coin.

Ledger S is the recommended hardware wallet. MyMonero is best for desktop.

How To Buy Monero And Where To Buy Monero?

To buy XMR you need to have access to a cryptocurrency exchange, it is trading on almost all high and known crypto exchanges. But the problem is that there are some exchanges that don’t like to add XMR coin on their exchange because of its privacy.

Currently, it is trading on more than 60 crypto exchanges. You can buy Monero from Binance, OKEx, or HitBTC.

There are many other exchanges where you can purchase XMR but I recommend the above one only because they are highly trusted and safe.

Buying Monero is not hard, you can just create an account on any exchange and purchase it. You can also buy Monero with a Credit Card.

Why is Monero not on Coinbase? Coinbase works with regulators and Monero is such a coin that is not traceable hence they didn’t list it.

Monero Crypto Arbitrage

If you are planning to do arbitrage trading for XMR then I suggest using KoinKnight. They do support more than 30 exchanges.

How Monero Mining Works

To mine Monero you need to have a CPU or your own Monero Mining Rig. Which you can get from Amazon or from any other online seller, or else you can build your own by purchasing its parts.

Which Monero pool to use? You can use either NanoPool, MineXMR, or any other XMR pool. They all are the best and trusted.

How much Monero can I mine per day? It depends on the device you are using GPU can mine more XMR than CPU.

Can Monero be mined with GPU? Yes, it is possible to mine it with GPU plus with CPU.

Monero Team

According to their official website, only two team members revealed their faces and the other five decided to remain anonymous. There is a total of seven main developers and other developers who helped to improve the coin.

Some rumors say that Satoshi Nakamoto is behind the Monero coin, who knows.

 

Frequently Asked Question

Can Monero Scale?

By using RingCT, makes it less scalable than Bitcoin and any other cryptocurrency.

When Is Monero Fork?

The fork was planned for October (according to the community) but later it was canceled.

Will monero replace bitcoin?

No, it can’t replace BTC. Both coins are different. You can’t purchase things using XMR but you can do that with BTC. So Monero can’t overtake bitcoin.

How I can get free monero

There are some faucets through which you can get free XMR, one of the known faucets is earncrypto.

0 comment
Newer Posts
Older Posts