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.  |
|
|
|
I do not know any free transaction accelerator then ViaBTC, and I use it in past very successfully. But they are limited (in free version) in number of transaction per hour, and fact that they will not accept any transaction which has a fee lower then 10 000 satoshi. As AdolfinWolf say, it is better to avoid any wallet that is not allow RBF(replace by fee), which is a very useful option if the transaction gets stuck. It is important to emphasize that this option should be enabled before sending the transaction. What every user should do before sending a transaction is to check current status of network fees and mempool size. In that way you can adjust your fee according to your needs, for fast confirmation you will need to pay the highest fee, and if you can wait then you can adjust fee and reduce transaction costs. Some users say that they exaggerate a bit, but I sometimes use this site because they show in simple way how much fee you should pay and predictions for confirmation in blocks / time. https://bitcoinfees.earn.com/In short, if you want to avoid using transaction accelerators pay attention to what I mentioned  Using an RBF supported wallet is always a better option but still there are many wallets which do not allow RBF transactions and the transactions get stuck because of low feen and it can't be bumped. These accelerators are actually useful in those cases. |
|
|
|
I do not know any free transaction accelerator then ViaBTC, and I use it in past very successfully. But they are limited (in free version) in number of transaction per hour, and fact that they will not accept any transaction which has a fee lower then 10 000 satoshi. As AdolfinWolf say, it is better to avoid any wallet that is not allow RBF(replace by fee), which is a very useful option if the transaction gets stuck. It is important to emphasize that this option should be enabled before sending the transaction. What every user should do before sending a transaction is to check current status of network fees and mempool size. In that way you can adjust your fee according to your needs, for fast confirmation you will need to pay the highest fee, and if you can wait then you can adjust fee and reduce transaction costs. Some users say that they exaggerate a bit, but I sometimes use this site because they show in simple way how much fee you should pay and predictions for confirmation in blocks / time. https://bitcoinfees.earn.com/In short, if you want to avoid using transaction accelerators pay attention to what I mentioned You can read a list of bitcoin accelerators here - https://coinswitch.co/news/5-best-bitcoin-transaction-accelerators-in-2019 |
|
|
|
 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? |
|
|
|
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. |
|
|
|
Nice analogy and explanation, hope bitcoin keep increasing now. Meanwhile I am focusing on buying ripple with bitcoin. Ripple is currently at dirt cheap price, amongst the top 10 coins that I keep buying and selling, ripple and bnb are my top most choices. |
|
|
|
Well I have been in the cryptocurrency industry since a long time, and I believe that you can't time buying/investing in crypto. Unless you are a technical analysis expert, you can may be place a buying order and buy BTC 5-10% cheaper (since currently BTC is ranging between 9k-13k$). You should invest some of your money in buying BTC, and/or you can also buy bitcoin with ethereum or any other altcoin you hold. BTC in longer run will always have a edge on other coins. This understanding will come from learning new concepts. |
|
|
|
You can exchange Monero to btc on CoinSwitch Exchange , CoinSwitch is an exchange aggregator, you can compare the prices offered at various exchanges like binance, changelly, changenow, kucoin, huobi, binance etc. and trade with best rates or by any exchange of your choice. |
|
|
|
- BitCoin Transferred are Irreversible
I suggest being a bit more specific on this part, that confirmed transactions are irreversible. People might misunderstand this and think that even unconfirmed transactions are irreversible, but in fact unconfirmed transactions can be double spent to somewhat reverse the transaction. Thanks I made changes. |
|
|
|
- BitCoin Transferred are Irreversible
I suggest being a bit more specific on this part, that confirmed transactions are irreversible. People might misunderstand this and think that even unconfirmed transactions are irreversible, but in fact unconfirmed transactions can be double spent to somewhat reverse the transaction. I made the changes, added a note in that section. |
|
|
|
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 :-) |
|
|
|
I would like to add on the `Custodial And Non Custodial Exchanges` Custodial Exchanges - - Exchanges which hold your cryptos on your behalf, mostly these are the exchanges where you can do trading, and they also have good liquidity. It is good for users who do daily trading.
- Example - Binance, KuCoin, Huobi Global, HitBtc, Coinbase etc are all custodial exchanges.
Non-Custodial Exchanges- Exchanges which does not hold your cryptos, you can call the instant exchanges, only when you send them your cryptos for trading, they will be having access to your funds, and then they will return you back the traded coin.
- Example - CoinSwitch Exchange - They are an exchange aggregator service, you can compare the prices offered at all leading exchanges like, binance, changelly, shapeshift, changenow, simpleswap , Changelly, Shapeshift, Swaplab, Blocktrades.
- For trading on instant exchanges you need to store your cryptos in your wallets, exodus, trezor, metamask, trust wallets, atomic wallets are some of the examples of Non Custodial Wallets.
Currently all out of sMerit but ill put some on this post when i have some, thanks for this  ill edit this in to the OP Hi, thanks for being generous and considering my content for your post. I have a request please add custodial exchanges and non custodial exchanges in your post, I do not see that. Also I would like to tell you that I work at instant exchange coinswitch.co , and you we are proudly serving exodus, trezor wallet. They use our APIs for exchanging customers funds within the wallet. Do try us out, and let me know if you have any other queries. |
|
|
|
I would like to add on the `Custodial And Non Custodial Exchanges` Custodial Exchanges - - Exchanges which hold your cryptos on your behalf, mostly these are the exchanges where you can do trading, and they also have good liquidity. It is good for users who do daily trading.
- Example - Binance, KuCoin, Huobi Global, HitBtc, Coinbase etc are all custodial exchanges.
Non-Custodial Exchanges- Exchanges which does not hold your cryptos, you can call the instant exchanges, only when you send them your cryptos for trading, they will be having access to your funds, and then they will return you back the traded coin.
- Example - CoinSwitch Exchange - They are an exchange aggregator service, you can compare the prices offered at all leading exchanges like, binance, changelly, shapeshift, changenow, simpleswap , Changelly, Shapeshift, Swaplab, Blocktrades.
- For trading on instant exchanges you need to store your cryptos in your wallets, exodus, trezor, metamask, trust wallets, atomic wallets are some of the examples of Non Custodial Wallets.
|
|
|
|
|
I think it is increasing because coinpedia is promoting their content. Anyway, keep doing the good work.
|
|
|
|
The most important part of bitcoin investment is patience, and patience and patience, invest and lock your private keys, and forget it forever, and remember my friends there is no way anyone weather it is miners, or traders, investors, can manipulate the price of bitcoin. |
|
|
|
Well this is a very interesting question, there are lot of suggestion which you would have received. Network Marketing - There are many network marketing business which exists and they are also profitable, in network marketing business you will have to spend a lot of time to grow your chain, or tree which is the base of earning profits in them. My land lady is a diamond in oriflame business, and she devotes a significant amount of time in growing her business, doing marketing and sales which are targets in some or other form in network marketing business. So say you have to invest a 1000$ and you start this business, you will get returns but you will also have to dedicatedly invest time into it.
BitCoin Investment - For sure bitcoin investment is subject to market risk, as of 2019, the bitcoin is trading at 10,000$ and it is been expected the price will rise because of the various reasons bitcoin is associated with. If you put 1000$ in it today and the price say rise to 3x in next two years, then you will have 3000$. So investing 1000$ in network marketing may give you regular income, and a way to lead a better life, if you invest 1000$ in bitcoin then your investment will be locked for a lot of time and you may not get the same returns. |
|
|
|
|
It's a tough call to take, weather to go with GA, for 2FA, or choose a hardware wallet, In case of google authenticator, if you lose your phone and you have not backed up your keys, you may not be able to access the accounts for which you have set up 2FA. In case of hardware devices for 2FA. Even they can be hacked. What I mean is it is actually a Brutal Truth, everything is hackable. You just have to trust on the companies like google who claim to be hack proof.
|
|
|
|
Considering there are thousands of coins and tokens out there, what sort of dominance should Bitcoin have which shows that even though it remains the dominant force there is still a lot of space for others to narrow the gap?
Currently the BTC Dominance according to CMC is: 62.6%
Today i.e 19th June, the BTC Dominance is 60% , both the eth to btc dominance is decreasing since past few days, but it also shows the hope that there is a lot of scope to grow, and cover the gap of dominance in cryptos. I am only bullish in two cryptos, one is ETH and another is BTC. |
|
|
|
|
Show Posts
