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If you are looking for ERC20 token trading site then you need to consider the DEX and etherdelta is the only one I can recommend for you because i have traded there before. However many people have warned trader the risk of inserting private key on such DEX system due to hacking or data bridge. In case the ERC20 is on other big exchange platform, I will recommend you use those ones compare to etherdelta. sometime withdrawing in DEX platform might be hard due to minimum amount requirement
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I am just wondering how many of the ICO make the hardcap this day. I have seen many project running for almost two years now and yet they do not even reach the half of the hardcap. The success of any project does not depend mostly on the hardcap which is raised but how well the amount raised is managed to achieve the goal of the project. I have witnessed case of mismanagement that led to dispute among dev team. Such scenario will have negative effect on the ICO even though the hardcap is reached.
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That's a good news, there are a lot of platforms that accepts payment through paypal, if paypal is going to have cryptocurrency to their business then more exposure and adoption will indeed happen in this field, let's see how it goes.
there are many competitors that look up to paypal as a payment processor. If this is very through, believe me it will not be long before we see other competitors adopting blockchain as well and which to me bring good news to everyone that have not stopped believing in the crypto. Proabably we shall witness a complete overhaul of the trading system by the crypto trading services. However, this is still not made official by the paypal and hopefully it doesnt take long before they make such announcement |
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And again they are developing something, but they dont want to introduce ready-made products in order to control our funds and why are they better than any bank? what do you expect from giant payment provider. What many of them will do is to make use of the underlying technology which is the blockchain. Paypal will not adopt a decentralized nature of the blockchain but rather make use of the features that will affect their business positively. secure and reliable transaction processing at reduced cost come to mind. About transaction speed, I think paypal uses technology that process transaction at speed higher than all the blockchain algorithm option |
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Indeed P2P trading is the best option. But have you heard about Giottus Exchange based in Chennai India. After the RBI ban I have been using it at a regular interval and I am pretty much impressed by their professionalism. Not only you can Buy Cryptos using INR (Indian Rupee) but you can also withdraw in INR. The amount gets credited to your Bank account within 30 minutes. You can trade Bitcoin, Ethereum, Litecoin and Ripple at Giottus. If anyone is planning to Buy/Sell Bitcoin using INR then use this link to register: https://www.giottus.com/?refcode=RR98JCB604This is very wrong. You could drop the website without adding your referral link. I know you are a junior member but always follow the rules and regulation on this platform if you do not want you account trust to go red. |
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With a broad knowledge about crypto and ponzi scheme. I can categorically tell you that crypto is not a ponzi scheme. In 2013 when ponzi scheme was at its peak and many people that have fell victim of the popular get rich quickly scheme (Ponzi). Fraudsters that are the major originator of the scam site started looking for a payment processor that will be very easy to get people engaged in, (as others such as PM, LR, payza are preventing their customers from using their account for ponzi scheme) they make bitcoin their target as payment processors. Now many people that have fell victim using bitcoin as payment processors on those sites are now calling bitcoin a ponzi scheme. I just wonder why they are not calling perfect money, liberty reserve, payza, solidtrustpay a ponzi scheme  |
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the chance of reaching real decentralization of asset is very slim. despite outrageous numbers of coin and token that claim decentralization, many of them are listed on centralized platform which make it difficult to achieve complete decentralization. Even the bulk of people that hold crypto today end up converting it to fiat before they can spend it on anything they want and ones you are making contact with fiat then decentralization power is quenched. I hope you know stock market trade assets that are backup by company directly control by government. we all know government wont want decentralized system
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Security bridge can not be eliminated but proper measure should be put in place so that the risk is minimal. Even though many exchange platform tap their security system idea from binance, the recent hack has shown that no exchange is totally secure. Almost every year, bad news regarding exchange hacking is being witnessed. I could remember last year binance also witness minor security threat. when an hacker deliberately inflate the price of a token listed on the exchange platform. One of the best means through which security bridge can be minimized is by carrying out security auditing regularly. I do not want to believe the hacker or hackers achieved this in one day but constant monitoring and testing of exploit on binance server.
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probably you are saying this because you have invested in BNB coin but I must tell you if you have done so to keep your coin and do not to selling. The price drop due to the hack and since traders were panicking due to the lost. This must have forced many to sell their BNB coin resulting in drastic reduction or decrease in the price of the coin. However, just as you have said that binance launch a project. It means as soon as normality resume back to trading on binance and other project are being continue, then BNB price and usability will start increasing again. For me, this is even the right moment to buy BNB coin and relax to make cool money later.
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there are many bounty campaign. you do not need to do any one that require KYC. some project make it compulsory because its required as part of the legal agreement the project dev entered with the country of registration.
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Before I proceed to answer some of your question, I will like to tell you that it might be very difficult to spot a scam project at the beginning of a project. Like I use to tell some of my friends here, you will only know the true colour of project dev after the end of the campaign. At the beginning, they will always want to answer your questions and provide quick support but as soon as the sales end, they see you as nuisance and will see you as enemy of the project. Regarding KYC, you are the one that will have to decide whether to do bounty that require KYC or not. To me , no matter how much energy I have put on a bounty, ones I discover that team are not being regular on telegram, no regular update on social media then I work out of such bounty
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I am very jealous of amount of services that you can access using bitcoin. I live here in Nigeria and even though the growth of bitcoin is very rapid but there are few things you can do directly with crypto except you convert it to fiat in order to purchase a goods and services. Although, the government have not ban the use but the central bank on many occasions have warn every one to stay away from crypto and some ponzi scheme.
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Well that is his own opinion. We have so many people also talking about bitcoin being a scheme. To the best of my knowledge and experience, I have come to realize those people that have negatively vocal about the use of bitcoin do not know how bitcoin works because if they are aware, nobody will term it as a gambling device. Everything we do in life involve risk. Even our businesses and all decision we take in life involve risk. Maybe he is talking about the risk involved in using and holding bitcoin which is also the same as other currencies
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Of course, it gives more credibility and believes that it will get listed compare to many token that after ICO they will keep muted about listing on any platform. However, investors need to be very careful because there are many exchanges out there that lack credibility and it may be suicidal to join IEO on such platform. Many of them are using fake volume to attract traders and they lack liquidity which makes trading to be boring and frustrating.
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Unlike before, It is very hard to predict what will happen to any bounty you join now irrespective of the bounty allocation. getting bounty campaign that promise to pay well is different now from the one that pay well when the time comes. Unless you join some campaign that pay you in BTC or ETH, probably of getting good reward from bounty is very small. I still have many token that have been released since 2018 and yet they are still not listed on exchange talkless of the one that are listed with very low price.
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If this is true then I begin to wonder what exactly, and how robust is this their project is that they have to look for way to raise fund for their coin. I have seen the financial statement of facebook before and I believe they have more than enough to fund their project without need to raise any fund. In my on opinion, it may be a joint development or they do not want to bear the risk alone.
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