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I am from CoinSwitch.co, We are an exchange aggregator that aggregates multiple exchanges like Binance, Bittrex, KuCon, HitBtc, Changer, ChangeNow, Changelly, IDEX, etc. Our users can compare and trade at best rates offered by our partner exchange, without creating an account at any of our partner exchange. You send funds/cryptos from your own non custodial wallet and receive them back into your own wallet after exchanging. What we have with us - - [ ] 400+ coins. - [ ] Buy From Credit Card. - [ ] Trade without creating account/No KYC. What we do not offer - - [ ] No order book i.e Stop loss is not available. - [ ] Charts of coins are not available - [ ] We are non custodial, i.e we do not have wallets. Now you can trade on Coinswitch exchange and earn XRPs on your first orders.  |
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 Binance is launching an open blockchain project Venus focused on developing localized stablecoins worldwide and is well-positioned to launch a currency ecosystem in light of its existing public chain technology, Binance Chain. Binance said Venus’ goal is “to empower developed and developing countries to spur new currencies,” but did not mention Libra, Facebook’s cryptocurrency project. While Libra’s goal is to create a global digital currency that allows people to avoid the fees associated with credit cards and remittance services, Binance says Venus’ objective is to enable developing countries to “have more financial autonomy” and “protect their financial security” by helping them create new digital currencies. What do you guys think about both the coins, an existing crypto company launching a coin or a social media giant, having a large adaption, which will make larger impact? |
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You guys have observed that whenever the no. of Bitcoin transaction increases, because more crypto users are trading bitcoin, the block size reaches to 1MB i.e its maximum limit and it results in the Congestion in network, which results into transactions getting delayed, and they stay in mempool (waiting line or queue) for the confirmation. There is a solution to this problem, which is pay an extra fee and accelerate the transactions. How to accelerate the transactions? Use a BitCoin Transaction Accelerator. What is Bitcoin Transaction Accelerator?Bitcoin Transaction Accelerators are the enhancers, which are an off-chain service, accepting an extra fee to include a particular transaction in the upcoming Bitcoin block deliberately in order to get sufficient confirmations. These accelerators are run by none other than the miners themselves as their intention is to get higher block mining fees and rewards. Back in 2017, the Bitcoin network was processing more than 450,000 transactions per day, which created network congestion, as the miners were prioritizing transactions based on the transaction fee. The ones with a low transaction fee were stuck in the mempool. In times like this, Bitcoin accelerators can become handy. Example: Antpool transaction accelerator Here is a list of top bitcoin transaction accelerators - - ViaBTC - This service started in 2017, Their service is free, but limited to 100 acceleration per hour. To use this service, you need to submit your transaction ID and a minimum transaction fee of 0.0001BTC/KB, but they give priority to those transactions, which are ready to pay higher fees then others.
- BTC.com - It's not native for BTC.com to run acceleration service but they do so with cooperation from other mining services. In order to avoid network congestion and delay in transaction confirmation, you can use the accelerator developed by BTC.com. You can increase the transaction confirmation probability to 75% in 1 hour and 98% within 4 hours. The fee may vary depending on the network congestion on the blockchain. To get the free estimate, you can sign up and keep in mind that it is not refundable because the acceleration is non-retractable.
You can read here to know more about Bitcoin Transaction Accelerators. |
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If you're getting started with Bitcoin, there are a few things you should know. Bitcoin lets you exchange money and transact in a different way than you normally do. As such, you should take time to inform yourself before using Bitcoin for any serious transaction. Bitcoin should be treated with the same care as your regular wallet (bank account) or even more in some cases! Bitcoin enable you to control your money, and transfer the value to anyone globally, bitcoin provides highest level of security if used correctly, but with this feature comes an added responsibility to keep your money safe, you should use non custodial wallets, and non custodial exchanges for the same, here is an informative thread about the same - https://bitcointalk.org/index.php?topic=5173370.0 [Not your keys not your Coins] Unlike traditional money (fiat currency) the price of bitcoin is highly volatile, the price of bitcoin can increase and decrease within a shorter span of time. Therefore Bitcoin investment is a risky asset to put your money into, though in longer duration Bitcoin has given massive returns, but its price currently is at 50% less then ATH. - Bitcoin Transferred are Irreversible
This is one of the most imp properties of Bitcoin, it is irreversible in nature, once you have send the bitcoins, it can be only be refunded or sent back to you by the person receiving the funds. That is why you should be very cautious with dealing with any business, or users whom you are sending bitcoins. Also always stay away from scammers who try to lure you with offering interest on your bitcoins, or asking you to double your coins. Never send your coins to anyone. Note : Only confirmed transactions are irreversible, if the coins are not confirmed, they can be reverted back. - Confirmations Decide if BitCoins have been sent
When you send your coin on any other bitcoin address, some confirmations are needed on the blockchain, to assure that coins have been sent, else the transaction can also be reverted. If you pay too low fees, the initial confirmation can take a little longer time. - Bitcoin Doesn't Bring Anonymity, It gives you transparency
All bitcoin transactions are stored publically and permanently on the network, you can visit some of the blockchain explorers here to check how funds are moved from one address to another and everytime bitcoins are moved a transaction hash is generated. A users identity is always hidden, unless it is reveille during a transaction or business process. - Remember to file your taxes
Your legal jurisdictions would want you to file taxes as per your profits, or you will have to show them your investments in bitcoin. Remember never to become a rebellion and be in compliant with laws. Be A Happy Bitcoin HODLERS :-) |
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This week in crypto two interesting and contradictory events happened. 1. Blockstack Becomes The First To Hold The SEC Qualified Token Offering In The U.S. History - U.S. decentralization as Blockstack PBC’s upcoming token offering, Stacks (STX) has been qualified by the SEC under Regulation A+. This means under Regulation A+, the general public or the U.S. citizens can also participate in this token sale, rather than it being restricted to the accredited investors, as it was before under Regulation D. This is a huge step towards the future of tokenization, making it more transparent and secure at the same time. 2. Donal Trump Tweeted on Crypto - I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated Crypto Assets can facilitate unlawful behavior, including drug trade and other illegal activity.... What are the communities take on the above two, The president of a country is against crypto (mostly he does not understand crypto) second US of A's SEC approving legal token sale.  |
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Hi, I am aayushi, I work at coinswitch.co exchange. First let me tell you about CoinSwitch Exchange, CoinSwitch is an exchange aggregator service, that is we bring in liquidity from Binance, Changelly, Huobi, HitBtc, SimpleSwap, SwapLab, IDEX etc. You can compare the prices offered for a trading pair at all of the above exchanges, and trade at best rates, or with exchange of your choice. You do not need to login or do KYC on us. 400+ Coins, 30000+ Coin Pairs. We are partnered with Exodus, Trezor, Metamask , Binance, etc. We have launched a Youtubers partnership program, we believe that in development of crypto community, Youtuber's are playing a very pivotal role. With our partnership, you can earn upto 50% of our revenue share on a trade. Check out Our First Partner - DerBlocktrainer is the first German youtube channel- https://www.youtube.com/channel/UCG6KtMc5WYB-ppxwpaX5CFw/featured to have partnered with CoinSwitch Youtube Influencer Program. Check out his own customized crypto exchange - https://blocktrainer.coinswitch.co/ to swap 300+ tokens, and earn 50% of profits. |
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The Bitcoin network hashrate has just recorded its fastest growth in history. BitCoin's total hashrate (on a 7-day moving average) has increased by 13.11 EH/S over the past 30 days - its fastest pace ever. What does this mean for the price of Bitcoin? Does the Price follow the hash rate?   |
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When all 21 Million BitCoins are mined what will happen to the mining setup that miners have and how will they survive. As per my understanding they will still be getting the transaction fees. Any other way Minors will be able to survive?
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Monero has quite a loyal following specially from Crypto Currency Evangelist Folks. Though it has not gained that big popularity, but amongst the dark coins, XMR is the king of all of them. A section of the masses even calls it ‘what Bitcoin was meant to be’. This is due to its single-minded focus on privacy.Here I am telling about one of the way to trade XMR To and Fro for more than 165+ Trading Pairs. For trading these you do not need to create an account on CoinSwitch Exchange, nor you need to Login or do KYC. Compare rates across exchanges like Binance, Changelly, ChangeNow, SimpleSwap, IDEX, Huobi, HitBtc, SwapLab etc. Please feel free to reach out to me on aayushi@coinswitch.co for any of your queries, or order related issues. Happy Switching   |
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LiteCoin is one of the earliest forks of Bitcoin, which is going to go through its second halving process, wherein the Litecoin halving date is scheduled for August 6, 2019. Litecoin Halving event happens after 840,000 LTC blocks are mined and the miner rewards are cut into half. In order to understand a particular set of things that dictate how much of Litecoin would be released, and how and when the supply is reduced overtime, leading to a phase where no new Litecoins will be released. What is Litecoin Halving?Just like Bitcoin, Litecoin goes through the halving method every 4 years after 840,000 LTC blocks are mined and the miner reward gets halved or becomes 50% lesser than before. This time is the second time this event is taking place, and the miner reward will decrease from 25 LTC to 12.5 LTC at the respective time it’s happening. Litecoin Halving Date History Explained With Effect on PriceLitecoin Halving in 2015 - Back in 2015 on August 26th, the first LTC halving process took place since its inception in October 2011. At that time, the block reward dropped from 50 LTC to 25 LTC. After 48 days of the halving, Litecoin skyrocketed by over 500%. Litecoin had their block reward high for several months post the event. Some of the investors after speculation made good money on this particular event. Upcoming Litecoin Halving in 2019 Litecoin is going to undergo the halving process in August 2019, which is just a couple of months away. As we know, a decrease in supply leads to high price, hence many investors will price in the block reward event predicting that its supply might fall in the future. Some miners might exit the market when they realize their computing power can’t compete with others. When they exit, the difficulty decreases and price tends to decline. Click here to watch the Litecoin Halving 2019 detailed videoImpact of Litecoin Halving 2019At present, the miners mine one LTC every 2.5 minutes and receive 25 LTC as a block reward, which is going to get halved in another two months. Some of the factors which would get affected are the miners, the users and the price by default. A breakeven cost is when the miner’s profitability can cover only his own cost. So, when Litecoin’s price falls below the breakeven point, the miner is bound to suffer losses. (LTC Halving 2019) #1 Impact on Price (Litecoin Halving Price Prediction) Whenever new coins are generated by mining, it tends to have that selling pressure as the miners need to cash out to pay salaries and electricity bills. So, the price of Litecoin can go down if there’s not enough demand. When the reward is halved, the selling pressure will be lesser, so if the demand doesn’t change, the probability of the price falling will be lower. Even the inflation rate reduces drastically after halving, hence the impact on pricing. #2 Impact on Miners When the computational power increases, the miners would find it difficult to compete and eventually exit. Similar kind of mining adjustment problem happened last time Litecoin underwent halving. Even the mining pool owners get affected by this. When LTC has high value, the pool owners and the retail investors scramble to buy the machine and vice versa. Moreover the halving would cause the profitability of Litecoin mining smaller and the time for profit more uncertain. #3 Impact on Fees/Usability The halving would by default, have an effect on the fees or usability and the common things generally worried about is delay in transactions and unfavorable fee recommendations.
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Litecoin is one of the earliest forks of Bitcoin, which is going to go through its second halving process, wherein the Litecoin halving date is scheduled for August 6, 2019. Litecoin Halving event happens after 840,000 LTC blocks are mined and the miner rewards are cut into half. In order to understand a particular set of things that dictate how much of Litecoin would be released, and how and when the supply is reduced overtime, leading to a phase where no new Litecoins will be released. What is Litecoin Halving?Just like Bitcoin, Litecoin goes through the halving method every 4 years after 840,000 LTC blocks are mined and the miner reward gets halved or becomes 50% lesser than before. This time is the second time this event is taking place, and the miner reward will decrease from 25 LTC to 12.5 LTC at the respective time it’s happening. Litecoin Halving Date History Explained With Effect on PriceLitecoin Halving in 2015Back in 2015 on August 26th, the first LTC halving process took place since its inception in October 2011. At that time, the block reward dropped from 50 LTC to 25 LTC. After 48 days of the halving, Litecoin skyrocketed by over 500%. Litecoin had their block reward high for several months post the event. Some of the investors after speculation made good money on this particular event. Upcoming Litecoin Halving in 2019
Litecoin is going to undergo the halving process in August 2019, which is just a couple of months away. As we know, a decrease in supply leads to high price, hence many investors will price in the block reward event predicting that its supply might fall in the future. Some miners might exit the market when they realize their computing power can’t compete with others. When they exit, the difficulty decreases and price tends to decline. Impact of Litecoin Halving 2019At present, the miners mine one LTC every 2.5 minutes and receive 25 LTC as a block reward, which is going to get halved in another two months. Some of the factors which would get affected are the miners, the users and the price by default. A breakeven cost is when the miner’s profitability can cover only his own cost. So, when Litecoin’s price falls below the breakeven point, the miner is bound to suffer losses. (LTC Halving 2019) #1 Impact on Price (Litecoin Halving Price Prediction)Whenever new coins are generated by mining, it tends to have that selling pressure as the miners need to cash out to pay salaries and electricity bills. So, the price of Litecoin can go down if there’s not enough demand. When the reward is halved, the selling pressure will be lesser, so if the demand doesn’t change, the probability of the price falling will be lower. Even the inflation rate reduces drastically after halving, hence the impact on pricing. #2 Impact on MinersWhen the computational power increases, the miners would find it difficult to compete and eventually exit. Similar kind of mining adjustment problem happened last time Litecoin underwent halving. Even the mining pool owners get affected by this. When LTC has high value, the pool owners and the retail investors scramble to buy the machine and vice versa. Moreover the halving would cause the profitability of Litecoin mining smaller and the time for profit more uncertain. #3 Impact on Fees/UsabilityThe halving would by default, have an effect on the fees or usability and the common things generally worried about is delay in transactions and unfavorable fee recommendations. This is the Litecoin halving countdown box, where you can track the Litecoin halving date and time here. LTC Halving Content Source : https://coinswitch.co/news
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Every four years after mining of 210,000 blocks, the Bitcoin halving event takes place, wherein the number of BTC generated rewards to the miners will be halved, i.e, divide the current one by 2, which basically will reduce from 12.5 to 6.25 BTC. Bitcoin halvings which have happened before always displayed far-reaching heights, hence the same is expected of the upcoming one. To put it simply, the miners add new blocks of information to a database known as “public ledger”, wherein they get rewarded for their efforts to maintain and monitor the network of transactions. The miners would rely on fees as the BTC block reward decreases, as that helps them with the incentive for verification of transactions. The miners are the ones who would get mostly affected by Bitcoin halving event. What is Bitcoin Halving?Bitcoin Halving is the phenomenon by which the miner reward keep on halving, or decrease by 50% after every four years, which happens after mining 210,000 blocks. Satoshi, the creator of Bitcoin wanted to create a system that would be self-sustaining, similar to gold mining. So, in order to control supply, he came up with the method of Bitcoin halving. Previous Bitcoin Halving Explained With Its Effect On Price:BTC Halving in 2012 On November 28, 2012, on the production of 210,001 blocks, the mining rewards dipped from 50 BTC to 25 BTC. After a year or so, the Bitcoin price smashed to 1000 USD. As the market is ready and knows beforehand about the event, the impact on price is bound to be negligible, and hence will start applying the reduction rate to the price gradually. BTC Halving in 2016On July 9, 2016, the second Bitcoin halving took place, with an all-time surge of around $19,000, which reached 20,000 USD by December 2017. Before the 2016 halving, the BTC price fell as low as 200 dollars per coin and the mining reward dipped from 25 BTC to 12.5 BTC. But right after the halving took price, the price started rising exponentially. Upcoming BTC Halving in 20202020 is most likely to see a similar change for the Bitcoin price, where the miner fee is going to be halved from 12.5 to 6.25. It is going to take place on May 27th, 2020. The crypto enthusiasts have participated on twitter saying they believe that the Bitcoin price will be skyrocketing during the BTC halving stage. To be precise, 61% of 2500 accounts believe that the price will soar from now until the halving, while 25% believe that the price increases will come after the halving. What will be the impact on BitCoin Halving in 2020? |
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Can anyone here explain me what is an orphan blog? Thanks.
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Anyone here who can throw some light on difference between proof of work and delayed proof of work. Thanks.
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I am looking for a list of e-commerce websites or any other platforms from where I can buy crypto mining hardware and all other accessories for it.
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As we all know that BNB Has moved to Its Main Net, here is a list of Top Wallet Supporting the New BNB Token -  #1 Ledger Nano S Ledger Nano S is one of the popular wallets which supports over 1000 digital assets and is supporting the mainnet BNB token as well. Ledger Nano is a secured crypto hardware wallet, which lets you store, transfer, receive and send BNB tokens. Ledger Nano S comes with proper backup and recovery feature, which makes it one of the most sought out wallets for BNB. The best part is that Ledger is very updated with the technologies and updates. The user must be updated with the Binance wallet address. #2 Guarda Wallet Guarda is a multicurrency wallet, which is not having a secure web wallet, but also known for its secure mobile wallets, and is considered as one of the best BNB wallets android. BNB mainnet release has happened just a couple of days before and Guarda is one of the very first wallets to update and integrate the same. Guarda is comparatively easier to set up and can be recommended for both beginners and experts, hence known as one of the best BNB wallets iOS #3 Atomic Wallet Atomic Wallet is a decentralized wallet which is available for Mac, Windows and Linux operating systems, hence you don’t have to shift your operating systems. Atomic wallet is one of the first ones to upgrade its technology with the BNB mainnet update. Atomic wallet is having a very friendly UI, which is why it's been preferred amongst all sorts of users, be it beginners, or experts. Note: Watch out this space as since I will keep adding more and more wallets here. Content Source - https://coinswitch.co/news |
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Here is an easier way to trade coins listed on IDEX exchange, go to https://coinswitch.co/ exchange, and select any coin listed on IDEX that you want to trade. You do not need to create an account at Coinswitch, or even login, just send Ethereum from your wallet, and provide your recipient coin wallet address, you will get receive the desired token in your wallet. Note - If any of your AltCoin which is listed on IDEX is not listed on Coinswitch Exchange then please fill the listing form - https://docs.google.com/forms/d/e/1FAIpQLSfSwlaTsDtJrr9ffqwV9JTMQpRUKJI98kn5cp-EfnrJM5Fvhg/viewform?c=0&w=1See the image for reference, Ethereum to LTO Network -    About CoinSwitchCoinSwitch.co is the world’s largest cryptocurrency exchange aggregator which supports 300+ coins and over 45,000+ pairs. It provides an easier way of trading through global exchanges like Binance, KuCoin, IDEX, Huobi, Ethfinex, HitBTC and Cryptopia without creating an account on them. If you are interested in buying cryptos, do give it a try! |
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Cryptocurrency Exchange Aggregator Platform Coinswitch.co lets you trade 500+ Coins at best rates.You can compare the prices of a trade pair, offered at leading exchanges like Binance, Changelly, ChangeNow, Changer, Swaplabs, KuCoin, Bittrex, HuoBi, HitBtc etc. and trade either with best rates or with any exchange of your choice. - You do not need to create an account or even login on Coinswitch.co
- Our Partners are - Exodus Wallet, Trezor Wallet, Gaurda wallet, Stake.com, Bearescape Game, Coinify etc. You can directly trade using these wallets through Coinswitch.co exchange.
- APIs- You can build dApps, Games and other products on Blockchain using Coinswitch's API's
- Build your own custom exchange with ZERO Code. with a 2 minutes setup.
 Trade Currencies by Comparing Prices at leading exchanges. For any queries reach out on support@coinswitch.co we assure to resolve your queries in 5 mins.
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