[ANN] 🔥 CryptOcean - ecosystem, processing, exchange 🔥 [thread 2]

[Bitchange.online]

CRON jumped to new record highs

Melody in the CRON market has clearly changed its tune as investors are visibly more and more in favour of the coin. Late April saw an uptick both in prices and volumes: CRON has tripled in value and currently trades close to $0.5 per coin which is a maximum since November 2019. And trading volumes jumped even more with the daily turnover breaking $1mn and climbing higher every day.

We can’t help but stress that the project have been delivering positive news and fundamental improvements over the last month nearly non-stop. The climb could be partly explained by an overall positive sentiment in the crypto market, however, BTC price for CRON went up as well to reach 6,760 satoshi at the local peak on April, 28. The coin is seriously ahead of the market, and increased liquidity may draw more attention to the story.

As of today, CRON market value is close to $3mn and chances are high that even brighter days are to come… Don’t you miss a chance to witness those as a CRON holder!

[1596698107]

1596698107

[1596698107]

1596698107

[1596698107]

1596698107

[1596698107]

1596698107

[Bitchange.online]

Cryptocurrency Myths

For several years now, disputes around cryptocurrency keep up. Some people build successful businesses with the help of crypto, while others are sceptical. We decided to help you get a better introduction to digital currency and dispel the most sensational myths about the matter:

Myth #1: Only scammers use cryptocurrency

Most technological innovations, for example, wire transfers and the Internet per se, were the first to be explored by people who wanted to increase their income quickly and not necessary legally. We will not be shy to acknowledge that in the beginning it was like this with cryptocurrency as well. But thanks to AML and KYC measures, only an estimated 1% of transactions are now connected with criminal activity. In addition, at the moment, large companies, such as Microsoft, and even some governments are actively using cryptocurrency, which positively affects the reputation of digital money.

Myth #2: Cryptocurrency cannot completely replace traditional money

From year to year, the digital currency evolves, eliminating past errors, flaws and imperfection. Transactions become faster and fairly large flows can already be processed in seconds. In addition, unlike fiat money, peer-to-peer negotiations are available when using cryptocurrency, which means an operation without intermediaries. You make the transfer directly, most often without commissions or with a minimum fee. Do not forget about the deflation mechanism underlying the digital money. Due to this, the price of cryptocurrency will grow in the long run, which cannot be said about traditional money. They can go down in value, especially in an unstable global economic situation.

Myth #3: Cryptocurrency is not safe

Like any new technology, cryptocurrencies have their own risks. But one of the main advantages of digital money is that it is impossible to fake it. Since the issue of new coins occurs according to a schedule predefined by the protocol, absolutely no one can ‘break the printing machine’.

In addition, cryptocurrencies are created using blockchain technology. This is a rather complicated technical process, but the result is a digital register of cryptocurrency transactions, which is difficult for hackers to crack. Funds are stored in special wallets, which have their own distinctive security measures. For example, the keys to Cryptocean wallets may be stored locally and don’t necessarily by transmitted to the service, and in the case of a centralized storage, two-factor authentication is used, i.e. confirmation of the transfer using an SMS message or mobile application.

Myth #4: Cryptocurrency is expensive and hard to buy

This is a pretty common misconception. Take the popular Bitcoin as an example: it is not necessary to buy the whole unit, you can purchase only tenths, hundredths or thousandths. Where to do it? It is not so difficult to enter the cryptocurrency market and you can buy digital currency through many payment systems — Yandex.Money, Qiwi, Bitchange.Online, etc. In addition, the number of cryptocurrency exchanges has recently increased. All these improvements give you options to purchase digital currency at a favorable rate and almost with no margins.

The financial world is changing rapidly, and modern technology presents us with new opportunities to store and increase our income. We suggest you not to believe the rumors and, together with the Cryptocean team, take advantage of the cryptocurrency and blockchain for a comfortable future.

[Bitchange.online]

5 tips to improve your financial literacy

The situation with Covid-19 has affected the lives of millions of people. You have chance to use it for good, though! For example, spending free time to improve your financial literacy. Mastering it, you get control of your funds, ensure financial stability and increase income, even in crisis times. Feel intrigued, but don't know where to start? Our tips will tell you:

1. Break down your own budget.

Start with your current budget. First of all, check incomes from various sources and expenses for all kinds of needs. To restore information about payments made, you can use the statement from your account or the functionality of the mobile application. This will allow you to clearly see if you manage your money properly.

2. Set financial goals

It is much easier to stick to financial discipline if you set yourself specific goals. True motivation is the key to successful profiteering. Absolutely anything can  be the goal: earning a specific amount of money to increase capital or a physical representation, like buying an apartment, a car, etc. It is important to remember that quality is better than quantity, so concentrate on 1-2 specific tasks, write down a phased plan and terms for achieving them.

3. Create a budget and try sticking to it

To get closer to achieving your goals, it’s important to keep your budget running. However, keep in mind the flexibility that will allow you to quickly respond to changes in income and expenses. Also, do not forget to allocate funds for your “future spendings”, which later will bring you profit, for example, training and investments. Think long-term!

4. Learn to cut out useless information

Modern realities make it very important to stay up to date and follow the news, including financial ones. But you should not trust the information published in unknown sources and written by authors who just pretend to be experts in the field of finance. Listen to the those who observe the market situation, and analyze what you hear. Money is a resource that requires thoughtful and informed decisions and investments.

5. Try something new

We often ruin our future with our own hands when become hostages to “the familiar thing”. The safe path is not always the right one. To move forward you need to stop being afraid of change, be ready to learn and try new things. This principle also applies to the financial sector: the first credit cards, cashbacks and cryptocurrency — all those things caused llts of concerns at first, faced bewilderment and doubt.

As a result, those who were able to see the future potential, and were not afraid to jump into fresh waters purchasing a new product, received their award for dedication to the future. Roger Ver, the head of Bitcoin.com, is one fine example. In 2011, when about $10 was given for one BTC, he assured the public of the future growth of the cryptocurrency. And indeed, after 2 years, the price of Bitcoin jumped to $1,200.

Cryptocean line of projects is created specifically for such enthusiasts! By bringing together the two different worlds — traditional payment services and cryptocurrency — you can discover new opportunities and expand your business with minimal risk.

[Bitchange.online]

What shall cryptocurrencies anticipate through the COVID-19 pandemic

When the World Health Organization (WHO) officially announced the pandemic, it resulted in a serious collapse of the global financial and investment markets. Cryptocurrencies remained stable for a quite some time, ignoring the COVID-10 related events. Bitcoin grew rapidly, stepping over the $10K line. Altcoins went along, with ETH touching a maximum of $200 in February 2020.

Nevertheless, general panic did not spare the digital currency market. In March, as the situation with the coronavirus worsened, investors began actively dumping their assets. As a result, one particular day saw BTC losing 50% of its value. But that where a distinctive feature of cryptocurrency proved itself real, which is the ability of crypto to quickly recover in price. This is what we are observing at the moment.

Exchanges gradually return to their normal operation mode, and blockchains keep functioning without failures. It is widely expected that the value for most tokens and coins will ramp up again. Therefore, crypto platforms are piling up on digital assets, preparing for an active sale. Experts note that such signs of market recovery may contribute to the recovery, which is a commonly known self-fulfilling prophecy.

One of the reasons for this piquing interest is the convenience of use of cryptocurrency, a factor so visible in the current conditions of self-isolation. For example, many digital asset projects and their clients interacted remotely from the very beginning of the quarantine. Therefore, the crisis did not cause serious disruptions to the labor processes in the industry of blockchain, since it is especially effective and safe for communication between countries, maintaining productivity and remote operations.

[Bitchange.online]

Benefits of the Cryptocean Card

Dear friends, we are nothing but happy to report that interest in our Cryptocean multi-currency card has grown significantly recently. Therefore, we decided to make a proper introduction to its advantages and address one of the most pressing questions: what is the difference between the Cryptocean Card and a regular bank card?

1. Unlike users of most other cards, Cryptocean customers can conduct fast international transactions, while saving up to 50% on commissions.

2. Most often, conventional bank cards only support one national currency for the underlying account you open. Cryptocean offers its holders more options: fiat money and cryptocurrencies (BTC, ETH, CRON, RuDT and USDT). Due to such a variety of currencies, you further on conversion operations.

3. Only branded ATMs or a limited list of partner ATMs for withdrawing and depositing funds are available to customers of other payment cards. Cryptocean users can perform these operations at any ATMs convenient for them.

4. Regular bank cards have a standard degree of protection and use two-factor authentication. Cryptocean’s payment system uses reliable blockchain technology to protect personal data and money. At the same time, the keys to wallets are physically stored only by users, not transferred to third parties.

5. Currency exchange at the current rate which is not always in favour of the client combined with a possibly high margin is the problem of many payment systems. Cryptocean always tries to maintain a favorable exchange rate for its customers.


Cryptocean multi-currency card means instant transfers and money conversion anywhere in the world, as well as affordable cryptocurrency transactions. It opens up new opportunities for its holders, erasing the boundaries between the usual cash transactions, modern blockchain technologies and cryptocurrency.

[Bitchange.online]

5 Best Cryptocurrency Exchanges in 2020

Every year, the market for digital assets market gets more and more mature and developed, attracting new participants. The growing interest of the audience contributed to the discovery and development of new crypto platforms: at the moment there are more than three hundred of them in the market. With this diversity, it is especially important for owners of digital money to find a reliable platform for exchanging, selling and buying cryptocurrency. We have put together a list of the 5 most convenient, safe and time-tested exchanges for 2020:

1. Binance.

This is an unquestionable leader in terms of popularity, and has been considered as such for many years. The fast-growing Chinese platform was founded in 2017, but in a short time managed to overtake its world competitors in average daily trading volume. One of the main advantages of Binance is its low fees for trading on the exchange (0.1%), zero commission for cryptocurrency deposits and a fast processing.

2. Okex.

Hong Kong trading platform, which is in great demand all over the world and is close to parity with Binance’s glory. Currently, Okex has over 500 various trading pairs, and the total volume of transactions stands at 160,000 BTC per day. In addition, the creators of the exchange pay special attention to the protection of user data and funds, therefore, since 2015, the platform has never been hacked.

3. Huobi.

This expert trading platform, according to CoinMarketCap resource statistics, is a stable member of the Top-10 list in terms of trading volume with its daily turnover being in excess of $1,000,000,000. Huobi attracts users thanks to it multilingual interface that  support 13 languages, and data security, since it pays special attention to registration and verification of accounts.

4. Bitfinex.

The crypto exchange was established back in 2012, and at first was the largest Bitcoin trading platform holding as much as 10% of the entire market. Over the years, Bitfinex has gained fame and a good reputation in the crypto world. The exchange has one of the most advanced trading terminals on the market with convenient graphical tools for data visualization. Also, the platform enables its users to open 3 separate accounts at once: credit, margin and trading

5. EXMO.

The international cryptocurrency exchange, established in 2013, boasts a consistently high rating. It is considered one of the best platforms for simultaneously working with cryptocurrencies and fiat. EXMO has a high transaction speed: from 5 to 30 minutes to withdraw funds, and several seconds to transfers within the system. In addition, this exchange is one of the most reliable in Europe due to the high degree of protection of user accounts. Cryptocean customers can test all the benefits of EXMO themselves: in January 2020, CRON coin was successfully listed on this platform.

[Bitchange.online]

4 ways to exchange cryptocurrency for fiat money

The popularity of cryptocurrencies is gaining momentum, and the number of its holders is increasing every year. But despite the hype around digital coins conversion remains a problem. We are to tell you about 4 possible ways to exchange cryptocurrency for a traditional currency aka fiat, revealing their pros and cons.

Online Services

This option is one most in demand. Online services attract customers with a convenient and simple operation scheme. In addition, many of them support the usual payment systems and feature quick conversion. For example, using Coinbase, Bitchange.online and Bitpanda, you can securely exchange, buy and sell BTC in minutes.

However, the reliability of some exchangers is questionable. Since, due to the growing interest in cryptocurrency, many scammers began actively using online exchangers to steal money and personal data. Also, users should pay attention to the commission the operation charges as it may be unreasonably high.

Meeting in person and changing ‘from hand to hand’

The world of blockchain and cryptocurrencies unites many enthusiasts. Sometimes even whole communities and cryptobrotherships are created, whose members are always ready to help each other. Therefore, the proposal to exchange cryptocurrency in such chats seems quite natural and safe. The terms of the transaction are pre-negotiated between users, after which the rate is fixed and the exchange is carried out.

Of course, not always friendships are a guarantee of 100% security. Therefore, it is important to remember that in the event of a conflict, the cryptocurrency transaction can’t be canceled, yet the fiat seller will be capable to return money. Also, you should be on the alert and monitor fluctuations in transaction fees, which can vary from 2% to 5% depending on the growth of the coin or token.

OTC Providers

These are over-the-counter agents, which for a certain marry the the buyer and the seller. Basically, they take up transactions with large amounts and focus on cooperation with serious investors who prefer to use the services of a trusted broker. This method saves the client from the need to dive into the exchange mechanisms, since the agent will do everything for you.

In addition, such over-the-counter transactions bypass restrictions on the amount of funds and the ban on cryptocurrency in some countries. But, this option can cause the leak of personal data and theft of customer funds, so the security of the transaction remains in question.
 
Centralized cryptocurrency exchanges

This is one of the most popular ways to exchange cryptocurrency for fiat. Centralized crypto exchanges is where the largest number of transactions occurs. At the same time, the client does not deal with other users, only with a platform that provides all the details of its activities: the location of the servers, information about the management company, etc.

Exchanges carefully approach the procedure for identifying customers, trying to comply with KYC and AML, so registration is necessary. Although hackers arrange attacks on servers from time to time, many large platforms have a fairly high degree of protection. For example, EXMO, on which the CRON coin is presented, is considered one of the safest exchanges in Europe.

[Bitchange.online]

What made us create CryptOcean?

We, CryptOcean, are enthusiasts and dedicated professionals, and our intentions are driven by an idea of creating the project that clearly responds to the needs and desires of the market. We have carefully studied the modern financial landscape and identified three main areas that are of particular interest of the audience:

Acquiring. The share of non-cash payments in the Russian market is among the highest in the world. For example, in 2008 it stood at no more than 5%, and already in 2019 this mark reached 61%. In Europe and the USA, these figures are slightly higher, close to 80%. This happens due to the development of acquiring, processing payments for goods and services that are carried out using plastic cards. It includes the transactions of non-cash funds, banking and technical support, as well as the processing of personal data of clients.

Cryptocurrency. Another modern trend in the financial world is digital currency. For example, in 2019, Coinbase, on of the leading exchanges, counted more than 13 million BTC users, while other sources suggest that the number of active cryptocurrency users is close to 32-35 mn. And the holder’s number continues to increase, indicating that this market has huge potential.

Cryptobanks. Despite the popularity of digital currency, its main problems remain legality and security. Traditional financial institutions cannot enter this market fast: to solve the tasks of the crypto world, competencies related to blockchain technology are needed. Therefore, crypto-banks and payment services are largely protected by this innovation barrier. They engage in standard cash transactions, such as withdrawing funds, accumulating savings, lending, and investing in a wider range of instruments and markets. The main difference from traditional banks is the integration of cryptocurrencies in all of the above financial processes.

The join use of cryptocurrencies and traditional financial operations is building up every year, but difficulties in working together still exist. Therefore, the CryptOcean project seeks to solve this problem by building a multifunctional infrastructure and becoming a reliable bridge between the two worlds.

[Bitchange.online]

What pool nodes in CRON NODE is?

Creating a pool node (or pool) allows the owners of physical nodes to receive additional income from users who connect to their pool node.  The demand for pool connections to someone else's physical node is due to the fact that not every user can purchase a physical node for various reasons.

Creating a node pool

To create a pool for a physical node, you need to go to the "My CRON NODE" section. If there is a connected and successfully working physical node, the button “Create pool” will appear there.

For a reward of 1000 CRON, you can generate 4 slots (serial addresses) to connect to your node pool.  The fifth and each subsequent serial address is generated for an additional reward of 500 CRON.  A maximum of 16 serial numbers can be generated for one physical node.

In the table of generated serial numbers, you can track the work with each of the users connected to the physical node, receiving the following data:
- daily profitability;
- total profitability;
- Commission (from 1 to 25%, set by the owner of the physical node, by default it is 10%, can be changed for inactive numbers);
- Serial number validity period (can be changed for inactive numbers, from 6 to 60 months).

Pool connection

Connection to the node pool is carried out in the “My CRON NODE” section. A future pool member who does not have his own physical node, enters the serial number provided to him by the owner of the physical node, agrees with the specified commission and user agreement.
After successfully connecting to the pool, the user will only have to replenish the generated pool node wallet for at least 100 CRON and start receiving rewards in accordance with the tariff plan of the physical node.

Calculation of rewards

All pool members and the owner of the physical node are automatically rewarded in accordance with the selected tariff plan for each day of successful operation of the node. The node owner's income from each pool member is formed as follows:

(N*(TARIFF/100))/365)*(COM/100))*0.8

Where:
⁃ N - the number of CRON coins on the pool node wallet of the connected partner;
⁃ tariff - tariff reward (percentage);
⁃ COM - commission in percentage set by the node owner when creating the pool serial number (no more than 25%, by default it is 10%).

Then the pool member’s income:

((N*(TARIFF/100))/365)*((100-COM)/100)

At the moment, participation in the pool is the most profitable option for starting investment in CRON coin. Given the high demand for CRON NODE equipment and the availability of pre-orders for several months in advance, the TIK Group of Companies and CryptOcean plan in the near future to make the possibility of entering the project and mining CRON coins as accessible as possible for investors of all levels.

Follow our news!