If you have been regularly following breaking crypto news, then you must have noticed the rapid growth of Bitcoin P2P trading volume in India, hitting higher records. Meanwhile, the crypto industry has been eagerly waiting for the government’s decision on cryptocurrency law.
Bitcoin P2P Trading Volume Soaring
In the past weeks, there has been a rise in the Bitcoin P2P trading volume in India. The underlying factor behind this random growth is the quashing of RBI circular by the apex court of India in March. Let us remind you that this circular stayed the ban on dealing with crypto exchange services by banks.
Since early June, Bitcoin P2P trading volume has been soaring high in India, as stated by Usefultulips, which amalgamates data from Localbitcoins and Paxful, the two eminent P2P Bitcoin marketplaces. Paxful, a prominent Bitcoin P2P marketplace has been experiencing its functional rise in India with tremendous growth in trading volume. The trading of a total of 226 BTC was done on Paxful in August the first ending week.
The future of the crypto-economy has a good scope in terms of its importance and potential in the Indian market. In the same week, the trading of 161 BTC amounting to 136 million rupees, was done on Localbitcoins. In comparison to the latter Bitcoin trading marketplace, where trading volume is at its declining stage, there has been a rise in the trading volume on Paxful.
In India, there has been the launch of the new Bitcoin P2P trading exchange. Okex, a global cryptocurrency exchange, has launched a new P2P platform in India. It will benefit from buying cryptocurrencies with Indian rupees in zero transaction fees for Indian users. Pairs of USDT and Bitcoin for INR are now provided by the Okex P2P trading platform. The availability of more coins might also become possible soon.
Other than Bitcoin P2P marketplaces like Okex, Localbitcoins, and Paxful, there are other global cryptocurrency exchanges that have also been spreading their influence in India. Binance is one of the most popular names that is included in this list. This global crypto exchange has also come up with its P2P platform and has launched INR support on it. It will be an advantage for buying and selling cryptocurrencies, like BNB, BTC, BUSD, USDT, and ETH with zero transaction fees, directly by the users. Joining this brigade is another well-known crypto exchange, Kucoin. This crypto exchange also consists of a P2P trading desk with zero fiat trading fees. Around 11 fiat currencies are known to be underpinned on its P2P Fiat Trade platform.
Conclusion
If you are abreast of recent Bitcoin news, then you will know that Binance, Kucoin, and other global cryptocurrencies along with well-known crypto marketplaces including Okex, Paxful, and Localbitcoins, are behind the soaring of Bitcoin P2P trading in India. However, the Indian government has been carefully considering the cryptocurrency bill presented by the inter-ministerial committee by Subhash Chandra Garg, DEA secretary. Well, it will be too early to predict a government announcement on the cryptocurrency ban. According to CEOs of crypto exchanges, the complete crypto ban is not likely to happen, as much has come out since the submission of the bill to the government, in the previous year.
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Like cryptocurrencies, the knowledge of cryptocurrency exchanges is also a must. After all, these are the platforms where trading of digital currencies takes place. If you follow cryptocurrency latest news today, then you must have come across updates of several cryptocurrency exchanges like Kraken, Coinbase, Binance, Huobi, OKEx, Upbit, and so many others. Just as there is a risk of investing in any cryptocurrency, similarly there can be issues of theft and hacking, that have been experienced by crypto traders in the past. Now, this becomes an alarming call for all those newbie traders who want to trade in cryptocurrencies on the exchanges. Before you get surrounded by doubts in which cryptocurrency exchange should be preferred for crypto trading, we would like to introduce you to BITPATT. In short, it is a P2P service exchange, which is being given big thumbs up by experienced and budding traders.
BITPATT: A Reliable Crypto Exchange You Can Trust On
Owned by Finest Link Communications, BITPATT is a secure, reliable, and fastest cryptocurrency exchange. Located in Canada, this P2P crypto exchange is a very simple and safe platform that offers cryptocurrency escrow service and giving the users, a benefit to sell and buy cryptocurrency, globally. With the term escrow service, we mean, BITPATT can solve the trust matter, and ensuring due benefits to all parties.
Buying And Selling Of Cryptocurrencies On BITPATT
As we have mentioned above, BITPATT is a reliable, fastest, and safest platform. Now, as you know that trading or buying and selling of cryptocurrencies is not an easy task, but in terms of BITPATT, you won’t be facing any difficulty in this regard. It is because this cryptocurrency exchange is backed by profound legal compliance, secured cold crypto storage, financial viability, and secured user account.
To explore this fastest cryptocurrency exchange, a user is asked for registration and account opening. Besides this, BITPATT will also ask you to deposit digital assets, before trading. After becoming the user of this cryptocurrency exchange, you can create offers by buying or selling cryptocurrency with fiat currency of choice. A requesting user must adhere to terms of offer creator.
The fees provided by Bitpatt cryptocurrency exchange is a very minimum of 0.5% trading fee. Moreover, it provides a 20% trade commission for referrals that lowers the cost for traders. Doesn’t it seem to be an exciting offer? Being a trustworthy cryptocurrency exchange, the service of BITPATT comprises a unique package of dispute resolution. This exchange service is faster enough to solve any existing issue in 24 hours. And it is done when the dispute button is clicked by any trading party.
Conclusion
So if you want to search for cryptocurrency exchange, then BITPATT is the right choice to make. Buying and selling of cryptocurrency are not that easy as it seems. There is always a risk factor involved like hacking and other threats. But with BITPATT you don’t have to bother about as it is equipped with special mechanisms which makes it a promising option for experienced as well as newbie traders. We are not saying that you should completely put your focus on this exchange and ignore other cryptocurrency exchanges. But if you want a faster exchange, then we will recommend BITPATT as the best option. So stay abreast of recent Bitcoin news to get the latest crypto updates.
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Since the inception of Bitcoin on 3rd January 2009, founded by Satoshi Nakamoto, it paved a new wave of digital currency all over the world. We all have been familiar with the use of traditional currencies for our daily purpose. But the advent of cryptocurrency posed a new challenge in becoming an alternate source of payment. The use of Bitcoin became a much-preferred form trading among the users and traders for businesses.
It benefitted users with individuality with the absence of middleman and interference of central authority like banks and government, or any other third party. If you are abreast of Bitcoin news today, then you must be remembering that Bitcoin was once banned by countries who doubted over its legality and suspicion for wrong reasons. In a country like China, it was too banned. But what if you come to know that the Bitcoin as a commodity was not banned by the latter country?
Well, it might seem surprising for you but it is true as per an article published by the Beijing Arbitration Commission. The article stated clarification on China, not banning the use of Bitcoin as a commodity. It has also indicated the attitude of the authorities from China for monitoring Bitcoin, scrolls around some specific areas.
Use Of Bitcoin As A Commodity In China
As has been said above, the article which was published by the Beijing Arbitration Commission described the legality of the use of Bitcoin in China. Services like dispute resolution methods, arbitration, and mediation are being provided by an independent and non-profit organization from Beijing. Authored by Wang Jin, an economist, the article emphasized the legality of Bitcoin under the Chinese regulatory system. He raised about Bitcoin involvement in the range of legal disputes.
The economist Wang made two announcements regarding the control policies of Bitcoin in China. The initial was ‘’Notice on Preventing Bitcoin Risks.’’ It was issued on 3rd December 2013 by various ministries and PBOC (People’s Bank of China). The other announcement was on Preventing Financing Risks of Issuing Token on 4th September 2017. According to Wave, they all reflected the current approach for controlling Bitcoin in China, involving three angles.
The first one reveals about Bitcoin, not being a legal tender. And the second angle states about the latter cryptocurrency as a virtual commodity. Wang has further defined Bitcoin, as not being seen as virtual currency by China, but refer to it as a virtual commodity. Coming on to the third angle, it stated the prohibition of activities that are linked with Bitcoin by the state. It does not allow the trading platforms to exchange business between virtual currencies, legal currency, and tokens. Also, no non-bank payment institutions should engage themselves in a direct or indirect offering of services and products including registration, trading, opening account, token issuance financing, and clearing.
Conclusion
So these were some of the reasons which state about why China never disapproved of the use of Bitcoin as a commodity. All the factors were being stated in an article published by the Beijing Arbitration Commission. Also, the three aspects described by the economist Wang Jin. Bitcoin amid all odds became a digital asset that has emerged as a substitute to fiat currencies. It has even generated a belief that if the fiat currencies fall, then all the focus will come on to cryptocurrency. By following Bitcoin educational news, you must be knowing that even though India has pulled off the ban from Bitcoin trading, still, there are countries that don’t consider cryptocurrencies to be a legal concept.
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If you follow cryptocurrency regulation news, you must have known about the official launching of MXX tokens on 29 September 2020 by the Multiplier cryptocurrency platform. This platform is a root base for the MXX tokens regarding loans and guarantees. Designed with algorithmic interest rates, these tokens are specially aimed for cash flow balance for lenders and depositors. With a total supply of 9 billion tokens, MXX tokens will begin with 0, will be accumulated through the process of minting. Most of the time, it has been noticed, that the occurrence of liquidity mining is all due to placing of new tokens on the platform by the farmers, in return for liquidity. With the use of minted tokens, users are benefitted to carry out transactions on the platform, leading in dragging maximum users, and also rise in value.
MXX tokens are being issued regularly in large numbers, and are shared for the platform contribution via referrals, lending, and burrowing to the users. Multiplier platform currently accepts cryptocurrencies like USDC, BTC, and USDT. Bilaxy.io, a trading platform has currently listed the MXX tokens. The protocol which is completely monitored by the community has been allowed by these tokens. The proportion of the number of votes with MXX tokens is utilized for protocol decisions. The step forwards the process of decentralized governance will lead to Multiplier protocol use, secure interests of investors, and lower the risk of the system.
Multiplier platform is very easy to use and can be focused to optimize crypto assets by dragging the attention of holders. Besides this, it can also benefit farmers who are keen to raise harvests. Started in 2019, the Multiplier platform adheres to function under legal jurisdictions and follows regulations by having appropriate licenses. This company has been creating a sturdy link between communities, institutions, regulatory authorities, worldwide, and integrating traditional finance into safe, developed, and easy blockchain monetary system, globally.
The development of DeFi protocols by Multiplier platform, or a crypto lending entity with users’ response since the previous year, and the MXX tokens launch, ensures the voting rights of the community, which will enable the protocol being supervised by the stakeholders and community.
Conclusion
So this was all about Multiplier platform or say crypto lending service, which began its journey since 29th July 2020. Currently, this platform is going to launch its MXX tokens on 29th September 2020. The designing of MXX tokens is to benefit lenders and depositors through interest rates derived with algorithms. The base of these tokens is performed on the loans and the use of the valuable asset on the Multiplier crypto platform. MXX tokens will begin from 0, with 9 billion tokens total supply will be accumulated through the process of minting. By following crypto educational news, cryptocurrencies like BTC, USDT, and USDC will be accepted by the Multiplier platform, the trading platform on which listing of MXX tokens is being done is Bilaxy.io. Multiplier platform is very easy to use.
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If you have been constantly following Bitcoin educational news, then it is expected from a crypto explorer to know about Satoshi Nakamoto. It is he who introduced Bitcoin to the whole world. This cryptocurrency was launched to keep your financial asset secured from the prying malicious sights, or interference from any central authority, like banks or government, or any third party. But the needs of customer revelation tend to become vulnerable to risks and bring common users becoming easy prey to extortion and thefts. However, with the random change in technology, we can observe some innovations as a solution to resolve these persisting issues. One such is BitMix.Biz. It is a reliable solution to secure your cryptocurrencies, including Bitcoin, Dash, Litecoin, and others.
Possible Risks
Before knowing about BitMi.Biz, a reliable and secured Bitcoin mixer, and also the fastest crypto security in 2020. let us have an idea about the existing problems or threats that are responsible for hacking attacks. A very crucial issue is the vulnerability of crypto exchanges which are often under the focus of prying eyes of hackers. And this, of course, will result in a breach of users’ data. Stealing of data means losing your digital assets.
In fact, in today’s context, cybercrime is not a new thing to be explored. It has become a common threat for all crypto users. The stealing of data is not merely limited to tracking down digital wallets and emails, but it also becomes favourable for the bandits to run their unlawful or anti-social activities. Transactions in the open crypto blockchain bring opportunity for the attackers to trace the location and identify the actual owner of crypto addresses, very easily. Then there are notorious gangs who will leak out information from the victims.
Advent Of BitMix.Biz As A Solution
As it is popularly said, every problem has a solution. BitMix.Biz, a reliable and fastest crypto security is that example to counter all the prevailing issues of hacking and threat. Well, it can be well-defined as Bitcoin mixing solution. This helps in securing your identification. Bitcoin mixing services is not a newbie concept, it has been in use for a long time. When the mixing of coins from the multiple wallets is done through the use of algorithms, then it helps in splitting the transactions chain between two addresses that are at risk of being traced.
As the name suggests, BitMix.Biz is a Bitcoin mixing service, which promises for crypto security has been functional since 3 years back. So far there are no negative reviews of this service, rather, it fares well in the ratings. If you visualize at some closed forums, you will find that BitMix.Biz has guaranteed deposits of a desirable amount as insurance to compensate for losses due to cheating.
Features Of BitMix.Biz
BitMix.Biz, which is known to be a trusted and crypto security service is not popular as been told. It justifies its worth with advantages, like no need for registration, capable to utilize public API on the website, accept multi-languages, performing well without visual effects, counters transactional analysis possibilities, and others. Do you know BitMix is the foremost crypto mixing service that underpins mixing Dash coins, even though it comprises its mixing technique, that fails to provide full anonymity?
Conclusion
So today, you got to know BitMix.Biz, and how it truly justifies in being a reliable and fastest crypto security in 2020. If you have been following recent Bitcoin news, then you might have come across news, and articles, about the negative impact of hacking which steals the personal data of users and gets away with their digital assets. But with solutions like BitMix.Biz, such threats can be intercepted up to a large extent. If you go by the rating of this crypto mixing service, then there are positive reviews, mostly. So there is no question of doubting its importance. But better be aware of fake services posing in the name of BitMix.Biz.
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It is better to be abreast of Bitcoin news today, as it will let you introduce newer developments that are taking place in the crypto world. One such is the announcement of the new digital asset this coming August 2020. Yes, you heard it right, and if you are curious enough to know the name of this new cryptocurrency, then let us inform you that it is ‘BUY’. The exchange which is going to launch it is Burency exchange. Well, the credit of announcing this good news goes to the Bitcoin.com exchange.
The motive behind the launch of BUY is to enhance the reach of blockchain and cryptocurrency in the Middle East. This new cryptocurrency will share the list with two major trading pairs, Bitcoin and Bitcoin Cash. It will be a debut tradeable launch of BUY with other main cryptocurrencies.
According to Bitcoin.com Exchange head, Danish Chaudhary, In the Middle East region lies the immense scope for the cryptocurrencies and the underlying digital ledger, blockchain technology. So it is indeed to feel overjoyed in listing BUY cryptocurrency from its exchange, Burency, and to motivate them for the objective to make blockchain familiar to the masses.
Burency founder and CEO, Mohammad Mazen has also penned down his approach. According to him, in the cryptocurrency environment, Bitcoin.com has played a major role in it. The listing on Burency becomes very important for them, as it will enable in the promotion and providing the new cryptocurrency BUY on their big community.
All those new crypto enthusiasts must know that the base of Burency exchange lies in comfort and clarity. This exchange is completely controlled and enables everyone to begin cryptocurrency trading. Lloyds of London, known to be one of the major insurance providers, are behind the complete insurance of the Burency, as foremost exchange. It benefits in tracing the trading performance.
The advantage of BUY as a new cryptocurrency will facilitate buying computational power. Purchasing of time-slots in the facility of mining will become possible for those eying for computational power. Also, smart contracts will conduct the transaction to confirm clarity and equity. There are other objectives in a row for Burency exchange, other than its new cryptocurrency BUY, and one such is a set-up of mining operation in countries with cold temperatures. And to perform the functions, it will utilize hydro-power and renewable energy.
Conclusion
So this was all about the Burency exchange and its new cryptocurrency BUY, which is going to make its debut launch in August 2020. You need to be following blockchain education news, as it will let you know about how the Blockchain development centre in being an important element in the Burency ecosystem. This centre deals with incomplete or no knowledge about distributed ledger technology, or say blockchain. In UAE, this Burency Blockchain Centre is going to become a research hub and will let many businesses to grab the knowledge and execution of DLT. Plus keep your attention glued to BUY, the coming new cryptocurrency of Burency in August 2020.
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In the cryptocurrency world, the factor of security has been a very pivotal issue, which matters to every crypto user. If you have been regularly following cryptocurrency latest news today, then you will get to know updates about digital currencies and cryptocurrency exchanges. There are cryptocurrency exchange platforms like Bitfinex, Kraken, Coinbase, itbit.com, and others, which adhere to privacy and security matters for safe trading. Well, there is another global crypto exchange trading platform, called BigONE, that too joins this brigade, adhering to its following four tenets, which are honesty, truly professional, beneficiary, and security.
The development of a wide range of digital assets trading services has been an important initiative of this global crypto exchange platform. It covers the range, comprising margin as well as spot trading, B2C loans, products of wealth management, contract trading, and various others and becoming a one-stop solution for users’ digital assets. BigOne, a global crypto exchange is engaged in stationing superlative technologies and secured mechanisms to protect the digital assets of users, safely. Ever since the inception of BigONE in 2017, there had been no case of losing any single token by the latter global crypto exchange platform, which seems to be like a world record.
BigONE dedicated team is clad with experience of about 5 years, in administering cryptocurrency trading platforms, and also in sourcing digital assets. BigONE is well- approved of blockchain technology, and is confident of its potential in curating a promising future. Yunbi.com, a very popular cryptocurrency exchange from China, is the predecessor to BigONE. The latter global crypto exchange is known to have extracted significant assets from this Chinese exchange.
The discovery of premium blockchain projects like NEO, SC, EOS, QTUM, and ETH was firstly done by the team of BigONE. With the emergence of EOS, the prosperity and development of its ecosystem are been facilitated by BigONE. It quickly opens important trading pairs, other than underpinning the EOS Candy airdrops. BigOne, the global crypto exchange trading platform, has come up with its refined features, by simultaneously developing along with its users.
BigONE: Where Security Breach Is Impossible
Now, let us emphasize how it claims for no possible chances of the security breach:
Secure And Safe
The reason behind its claim of being a global crypto exchange trading platform is the absolute reserve fund deployment. Also, getting the biggest security audit verification from SlowMist, the world’s leading blockchain security firm. BigONE comprises a special mechanism called slider mechanism code, which finds its best use in human-machine verification. The global crypto exchange has even developed a special way to keep users away from phishing via anti-phishing reminder. The security team of BigONE is well-efficient in tracking down through manual-checkup in case they found something fishy during the process of login.
Private Key Security
Another method that makes this global cryptocurrency exchange so confident in claiming no security breach is the security of private keys as well as passwords. They are monitored through k8s, a special secret tool. It is the onus of experienced professional person in updating the secret An engineer is unable to plaintext it, other than quoting it.
Nothing Awful
Ever since its inception, BigONE has always maintained its morality, by not falling into any awful situation. It even adheres to it for its daily operation. You will never find one single evidence of its involvement in market manipulation or taking undue advantage of users’ trust. There are no unfair trading activities practised by BigONE users.
Conclusion
Those who have never been so familiar with BigONE before, have known it today. This global crypto exchange platform is known to be the safest cryptocurrency exchanges in the world. If you are not abreast with the breaking crypto news, then you must have missed the fact about its launching of new VIP system, which is helpful in the conversion of all engagement of users with the fellow platform for their benefits, like minimizing leverage interest rates, increased referral bonus, and discount on spot trading fees. No doubt, BigONE truly has proved its claim on being a platform where there is no chance of security breach. It’s user-friendly products and morality for fair trading, makes it very applauding.
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Cryptocurrency might seem a complex, unknown, and outer concept to understand for many newbies, leave alone holding. But it can be one opinion when it can prove much helpful for countries and communities, that are not satisfied by monetary policy or experiencing insufficient use of banking services. If you follow crypto educational news, then you will understand that crypto can be a much useful concept to spread education. Electric Coin Company who created ZCash, partnered with a high school teacher from New York, undertook many companies related to cryptocurrency and blockchain, in promoting education through different mediums, including workshops.
Know About Electric Coin Company
Before flocking on to know its educational initiative, we would like to impart a brief knowledge about it. The Launch of ZCash cryptocurrency is credited to the Electric Coin Company. All the developments that you see in ZCash are underpinned by this company. The latter digital currency was built with a robust technological base. It stands on its objective for protecting privacy for the users. Ever since its inception, ZCash proved its mettle as a worthy cryptocurrency, worldwide.
The outline of the ZCash protocol lies beneath scientific principles. Electric Coin Company has no role in supervising its distribution or mining. In short, it does not control ZCash. There is a contribution of every user behind its decentralization. They even take initiative in keeping it protected from getting corrupted or downfall.
Educational Initiative Taken By Electric Coin Company
Electric Coin company introduced its official initiative through a blog post and was being helped for its pilot program by its partners including Digital Currency Group, Gemini, Messari, Flexa, and also LEANLAB Education. If you read its blog post, then you will come to know about the first Crypto in Context pilot was generated with Carlos Acevedo, a South Bronx teacher, who emphasized on literacy by preaching students, and also imparted education about cryptocurrency knowledge.
With the alliance of its onboard partners, it paved a workshop of two days. The fruit of this result produced internships of three students, leading another workshop to happen, with sponsoring of other educational events by Electric Coin Company. A refugee from Syria, took the onus to host the virtual workshop and educated on cryptocurrency and its other related issues to the fellow refugees inTurkey.
The objective behind the Crypto in Context is to promote education, all over the world, and it is much initiated by local leaders by taking the keen initiative in hosting events. Thereby, Electric Coin Company will also be taking onus by providing funds for such events, and to organize logistics, by aligning presenters as well as sponsors.
Conclusion
So this is all about the Electric Coin Company and how it is taking initiative in promoting education on cryptocurrency through workshops and events, to make this digital concept familiar to the whole world. If you follow altcoin breaking news, you will certainly know about such innovative initiatives in the crypto world. Even though cryptocurrency today has become a popular concept, but still it has not fully convinced some section of people, who have not much idea about this technology, and consider it to be very complicated. Crypto in Context is needed to be applauded for promoting education of crypto, globally.
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If there is anything positive amid the crucial stage of coronavirus, then it is the impact on financial markets as well as money. Has our financial system become dysfunctional? Well, this is something a very alarming question, which all of us must pay heed to it. Most of the people are seen struggling with strange options: remaining in a financial system which is on the verge of collapse, and is involved in funding entities which are unlawful, or looking for a superior system, and subscribing to much absolute, but should be unusual. Going for the better substitute is something where a person can think better for himself and shield his yardsticks. So today, we are listing down some of the best Bitcoin mobile apps in 2020. Get to know all of them.
Gemini
Going with the Bitcoin press release, we will find that Gemini bags a special place among the 2020 best Bitcoin mobile apps. This exchange came into five years back founded by Winklevoss twins. Coming back to the Gemini app, it has been a much popular choice since its debut. This mobile website has been preferred by many mobile users for crypto purchase and selling. Gemini app fares in benefits for its mobile users, in terms of better customer support, user-friendly interface, holding positive stature, instant access of 5 cryptocurrencies, and two-factor authentification. However, it does have some cons too, like asking for excess information for registration, and limited accessibility to purchase available coins, and funding methods.
Binance
The next contender in the list of best Bitcoin Mobile apps in 2020 is Binance. This cryptocurrency exchange is hardly unknown to anyone familiar with the crypto world. Well, this exchange is regarded for its trading liquidity. Having this Bitcoin mobile app will fetch you with benefits like lending or staking, purchase of Bitcoin and other fellow crypto tokens, buying of stablecoins with credit cards.
Coinbase
Coinbase stands as the best option for all those newbies willing to explore cryptocurrencies. There are 32 countries, where this exchange is available to users. Coming up to its use, then it allows the purchase of Bitcoin by customers through multiple payment methods. They can buy this cryptocurrency by having a linked bank account. If you further want to know its advantages, then let us inform you that Coinbase will certainly benefit you in terms of simple use, available Bitcoin deposits which are insured, the feature of instant purchasing characteristic with a credit card, and high liquidity. But this Bitcoin mobile app will disappoint you in brief outages, fixed payment methods, tracing user activity in spending Bitcoin, and lastly, pathetic customer response for poor service.
BlockFi
The next-best option is BlockFi. It is a multi-featured Bitcoin mobile app, that will benefit in raising your wealth in a new different manner. This mobile app is regarded as the best site for lending Bitcoin, giving maximum payout in the market. You can carry BlockFi anywhere with the app. You can earn up to 8.6% APY, and don’t have to pay any fees.
Cash App
What if you come to know about a Bitcoin mobile app that is much simpler to deposit, purchasing, withdrawing, or selling Bitcoin? Naturally, it will sound good. It is Cash App, founded by Jack Dorsey, CEO of Twitter. In America, this mobile app is paving for the mass adoption of Bitcoin. But sadly, it cannot be obtained elsewhere. This Bitcoin mobile app finds its best use for sending money to dear ones and for payment for employees, in a short period within its range. The charging fee for the users of credit cards is something that seems not good. Also, other than America, you cannot access it anywhere.
Conclusion
If you are abreast of the latest news on cryptocurrency, then you will come to know about the updates of these Bitcoin mobile apps. Those mentioned in the above list are the best mobile apps in 2020. You can download any of these Bitcoin mobile apps onto your smartphones. It won’t be wrong to say that these mobile apps have liberated people from banking. The advent of such newer technologies has manifested benefits for the users to access the services on their fingertips. Bitcoin has dragged people’s attention by proving its worth as a store of value. With the fall of fiat currencies, Bitcoin might become the central point for all world wealth.
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Cryptocurrency trading is not so easy as it seems. One has to familiar with difficult tools and detailed procedures for registration, even if you apply for a loan. Now, this can be very irritating, but since the concept of cryptocurrency has now become much popular around the world, more and more youngsters are driven to explore it. Now, when it comes to exchanging currencies, then it must have reminded you money changer in your nearby locality to swap your local currency with another, in a very easy and speedily. But our main subject is not based on any money changer for local currencies, rather we would like you to know about how to exchange cryptocurrencies, instantly.
Platforms That Let You Exchange Cryptocurrencies, Instantly
If you are abreast of recent Bitcoin news, then you must be getting all the news about cryptocurrencies and the exchanges for trading. Today, we are going to list down some of the crypto exchange platforms that will help you to exchange cryptocurrencies in a much speedy manner. So let’s start with:
Bitpanda
Bitpanda is one of the best cryptocurrency exchange platforms that would help you to exchange cryptocurrencies. It is known to be the leading retail exchange for selling and buying of cryptocurrencies in Europe. Two years back, there came the launching of Instant swap feature by Bitpanda. Here, registered customers are permitted to convert their cryptocurrency, instantly from their wallet account of the said exchange (Bitpanda). This exchange has a satisfactory track record of providing an extensive range of altcoins for buying.
CoinSwitch
When it comes to listing the best platforms to exchange cryptocurrencies, instantly, then it will be a big mistake to skip the name of CoinSwitch. It is a popular exchange platform for altcoins. If you are searching for the best crypto exchange rates in the market, then it is suggested to tick on CoinSwitch, and know the best rate offers from different exchanges. All you have to do is mention the name of cryptocurrency to exchange it with another. Click on to View All Offers, and you will receive a plethora of offers from all exchanges. These include many popular names like HUOBI, IDEX, Binance, Ethfinex, and KuCoin.
Shapeshift
Shapeshift is a tremendous exchange service to exchange cryptocurrencies, instantly. It does not clasp any cryptocurrency. But there has been an instance, when an employee zeroed a Bitcoin wallet, resulting in the loss of $200K. Therefore, for system security, their exchange was taken offline, briefly.
Atomic Wallet
Coming on to next is Atomic Wallet. Although we cannot term it as instant exchange, it does permit atomic swap exchange. This sets it apart from other cryptocurrency exchanges. Atomic Wallet enables the conversion of one cryptocurrency for another cryptocurrency, having no intervention of the third party. Many of the instant exchanges carry the risk of this third party’s desires. Such is its result that you can be even forced to unveil your identity. Even your crypto assets can be kept as a hostage. There have been instances like this before. In comparison to all these, Atomic swap exchanges emerge as absolute.
Conclusion
If you follow the latest Bitcoin news, then you must be getting all updates about various cryptocurrency exchanges and digital currencies like Bitcoin, Dash, Ethereum, Litecoin, etc. But today, we revealed some of the best cryptocurrency exchange platforms like Shapeshift, Bitpanda, CoinSwitch, and Atomic Wallet. Although the latter one stands different from these exchanges, it does find its importance in terms of being revolutionary and no intervention of any third party. Whereas, there is the possibility of third party whims and fancies found in other exchanges. Apart from the mentioned exchanges, there are other exchanges like ChangeNow and Changelly. These are also the best cryptocurrency exchange platforms for the instant exchange of cryptocurrencies.
