Nano Coin compared to Nexty Coin – Crypto

Nano and Nexty: are these real and practical alternatives available? Let’s find out!

Blockchain is no longer a fashion geek! Bitcoin has revolutionized the way many of us have seen currencies, accounting, money transfers and transactions. The beauty of all virtual currencies is that almost every one of them is trying to solve a problem. And here comes our interesting coin – Nexty. At the time of writing the similarity of the Nexty platform will be compared to the Nano – XRB to better understand this platform.

In very simple words, the Nexty platform is presented as a transaction system that eliminates the concept of transaction fees, while providing extremely fast transfers to facilitate its users. In addition, transfers are very fast because transactions do not require Miner confirmation, as is the case with other virtual currencies such as bitcoin, etc.

However, according to an official document released by the creators of Nexty, the main use of Nexty is for newly established e-commerce businesses to help generate government funding. Since there are no transactions, very fast transfers (2 seconds! And it’s almost real time) and confirmation fees, fundraising will be less of a hassle. The coin is surgically targeted at e-commerce stores because it will create an ecosystem in which these stores will accept NTY coins from shoppers.

The concept behind NTY makes daily online trading easy. The team behind NTY consists of Blockchain developers and renowned marketers. Some of the team members have 10 to 12 years of experience in full stack development and marketing.

Some of you may argue that the Nano – formerly known as Railblocks, XRB – already performs the same functions as NTY. The XRB coin is a bit unique because it uses its own data structures with a block grid. Thanks to this, each Nano account has its own blockchain, which reduces the delay for fast transfer. In addition, XRB is energy- and resource-efficient and does not require a high-end GPU to execute transactions. However, the Nano does not have the option of a smart contract. Smart contracts are designed to exchange triggers for any cryptocurrency. These contracts help to exchange cash, real estate, stocks or any tangible or intangible items of financial value. Smart contracts also displace the need for brokers, shifting our crypto to a flawless asset exchange. Other than this difference, NTV and XRB (Nano) are more or less identical. Another important feature of the Nexty platform is its integration into existing e-commerce programs such as Joomla. According to NTY developers, integration takes a maximum of 3-4 hours.

To achieve a balance of supply and demand of NTY, the platform comes with a built-in smart stacking program. This program offers bonuses and credits to buy, sell and hold Nexty. The system is designed for investors and daily users at the same time.

The capabilities of the Nexty and Nano platforms are huge. Just imagine a world where the crypto replaces conventional wallets and transactions go fast! For example, if a store owner accepts a bitcoin, he may not transfer goods and services to you until the transaction is confirmed by a number of minors. And now again imagine paying for goods and services in a currency that is quickly transferred with zero commission for transactions, regardless of minor checks!

Easy ways to buy and invest in bitcoin

What is Bitcoin?

Bitcoin is a decentralized peer-to-peer digital currency system designed to enable Internet users to process transactions using a digital exchange unit known as bitcoin. In other words, it is a virtual currency.

The Bitcoin system was created in 2009 by undisclosed programmers. Since then, bitcoin has attracted a lot of attention as well as controversy as an alternative to the US dollar, the euro and commodity currencies such as gold and silver.

Growth to popularity

Until 2009, bitcoin did not attract much attention in the world of business and finance. He became famous in the period 2011-2012, when he scored more than 300%. Since August last year, the value of bitcoin has risen by 400%. As a result, venture capitalists and investors around the world continue to attach importance to cryptocurrency.

In the first half of 2014, venture capital companies invested $ 57 million in bitcoin in the first quarter, and another $ 73 million in the second quarter, for a total of $ 130 million, up 50% from $ 88 million last year. This is the complete opposite of the 2012 scenario, when bitcoin firms raised a relatively meager $ 2.2 million.

This statistic undoubtedly proves that bitcoin is worth your investment, and the question arises, how can you buy and invest in bitcoin?

A Guide for Beginner Bitcoin Investors

The easiest and least difficult way to invest in bitcoin is to buy bitcoin. There are many established firms, mostly in the US as well as abroad, engaged in buying and selling bitcoins, abbreviated BTC.

Coinbase

If you live in the US, Coinbase is the place you are looking for. Coinbase provides its customers with BTC with an approximate markup of 1% of the current market price. Residents of the United States have the ability to sync their Coinbase wallets with their bank accounts. As a result, future payment transfers go smoothly. This company also gives you the ability to automatically buy bitcoins from time to time. For example, if you want to buy $ 50 in bitcoins at the beginning of each month, Coinbase allows you to set up an automatic purchase for that amount.

Please read the terms and conditions before using this service. If you have subscribed to an automated bitcoin service, then you will not be able to control the price at which BTC is bought every month. Note that Coinbase does not function as a Bitcoin exchange, meaning you buy and sell coins directly to firms. Because the firm has to supply coins to other buyers, you may face delays or failures when placing orders during rapid market movements.

BitStamp

BitStamp meets the requirements of a regular bitcoin exchange. Bitcoin acts as an intermediary that allows you to trade with other users rather than with the company itself. Here liquidity is higher and you always have a good chance of finding someone who is willing to trade with you. There is an initial commission of 0.5%, which can be reduced to 0.2% if you trade $ 150,000 in 30 days.

Alternative ways to purchase bitcoins

Local bitcoins

Exchange is not the only way to invest in bitcoin. Local bitcoins are often used to purchase BTC offline. The site is designed to connect potential buyers and sellers. Bitcoins are kept by the seller on deposit and can only be given to buyers.

Buying bitcoins offline is not always very reliable and secure. So it’s best to meet with sellers in the afternoon and let a friend tag you just in case.

Bitcoin is not just a modern trend. Venture capital firms consider bitcoin a worthy replacement for ordinary currency in the long run. For you, there are useless ways to enter the realm of investing in bitcoin. As mentioned earlier, Coinbase, BitStamp and Local Bitcoins are the most popular channels for investing in bitcoin in the United States. Do your homework and find out which avenue supports all your frames.

Bitcoin brokers – understand the benefits of cryptocurrency trading

Bitcoin is a cryptocurrency that can be spent, stored or invested, as well as stolen. Bitcoin trading was considered risky, but current trends show that it has become a big hit in the binary options sector. This decentralized currency is not regulated by either the government or the central government.

What determines the value of bitcoins?

The value of bitcoin is determined according to the ratio of supply and demand. The price rises when demand increases, rates fall down when demand falls. Bitcoins in circulation are limited, and new ones are created very slowly. Because it lacks the cash reserve to move the market price, its price can be very volatile.

Bitcoin trading is popular because of –

  • Low risk of inflation – Inflation is the biggest problem for traders because all currencies lose part of their purchasing power when reserve banks continue to print more currency. As the bitcoin minting system is limited to only 21 million bitcoins, inflation will have little effect on it.
  • Low risk of collapse – Fluctuations in exchange rates depend on the government’s trade policy, which sometimes causes hyperinflation and even the collapse of the currency. Bitcoin is a virtual universal currency that is not regulated by any government.
  • Easy, safe and cheap – Payments in bitcoins occur between equals without an intermediary, so it’s easy and cheap.
  • Easy to wear – Bitcoins for a million dollars can be carried in your pocket, on a memory card. This cannot be done with gold or cash.
  • Not tracked – The issuance of bitcoins is not regulated by any government, so the risk of confiscation is zero.

Trading platform for Bitcoin binary options

Binary options brokers are getting acquainted with the popularity of these bitcoins and their constant fluctuations in values. They therefore use this opportunity to offer traders the latest flying cryptocurrency as an additional payment method. Bitcoin brokers that provide cryptocurrency as a trading option include:

  • One-touch option – Bitcoin trading can be done using AnyOption or one-touch options. For example, the current popular currency pair is BTC / USD.

  • SetOption – the last available option for asset trading – BITCOIN / USD.

Bitcoin brokers provide a simple online trading platform. All you need to do is visit their website, enter your details and create an account. You can start with a demo account to understand the operation of the market.

The trade screen is simple.

  • Choose price direction (UP / DOWN)

  • Select a timeframe

Is Bitcoin Trading Safe?

The Bitcoin network may be the most common computing project in the world. The most common drawback here are user errors. Bitcoin wallet files can be lost, stolen or accidentally deleted, just like any other file in digital form.

However, users can use robust security strategies to protect their money. Alternatively, you can choose service providers that offer a high level of security as well as insurance against loss or theft.

Infliv Exchange – change the game

Infliv is committed to providing all crypto traders with more profits without commission. This is the first complete exchange that supports multiple cryptocurrencies / tokens on a single platform.

Infliv is the name of the company, which means that the information is live = INFLIV. Cryptocurrency and blockchain are the demand and demand of the times that await today, the Infliv Crypto Exchange platform provides a convenient platform for new traders. it is a cryptocurrency exchange that allows users to trade multiple cryptocurrencies against BTC, ETH, USDT and native IFV tokens.

We are committed to providing a fast and reliable trading experience for our clients in BTC, ETH, USDT and IFV trading options. Infliv prioritizes the security of user tools and information by requiring users to enable 2FA using Google Authenticator or the U2F security key. To ensure the safety of the funds, most system tools are stored in cold wallets and only approx. 0.5% of crypto assets are available in hot wallets for day-to-day operations on the platform.

Deploy function

We deploy the platform in approximately the following order

  • Spot trading

  • Trade margins

  • Futures

  • Anonymous Instant Exchange

Infliv will support trading pairs with the following coins

  • BTC

  • ETH

  • USDT

  • BMP

All traders want a minimum cryptocurrency fee, so we don’t have any trading commission. Infliv is the world’s first subscription-based cryptocurrency exchange (subscription), where unlimited trading on minimum monthly payments and monthly profits in your Infliv token stock.

Infliv is a world-class digital currency exchange (cryptocurrency), Infliv is the only cryptocurrency exchange in the world of initial coin placement (ICO), which allows you to trade on a monthly subscription, you do not need to pay for a transaction on the Infliv exchange. , The revolution of the world digital currency. Infliv is committed to providing all crypto traders with more profits without commission. This is the first complete exchange that supports multiple cryptocurrencies / tokens on a single platform.

Problems and solutions

Problems

Trade fees are mostly only a small percentage or a fraction of a percentage, so most people don’t care. But if you are a professional trader – or want to become one, then you are paying too much money in the form of a fee over time.

Solutions

To avoid this, INFLIV introduces the world’s first platform for cryptocurrency trading based on subscription (membership), which still allows you to trade throughout the month without TRADING COMMISSION. .

Details of token distribution

The Infliv Token (IFV) is built using the ERC20 token based on Ethereum blockchain technology. This technology provides scalability and security for users, token holders will be provided with exclusive benefits such as profits. Holders of Infliv tokens receive 60% of the token revenue from the total monthly subscription fee received on the Infliv exchange, and pay a monthly subscription fee using the infliv token, and receive a 50% discount on the fee. Infliv (IFV) supports all Ethereum wallets.

Why should you buy Infliv Token?

Infliv provides a solid investment opportunity for investors who want to build wealth over a period of time. This is not a quick enrichment scheme or an opportunity to make money overnight. Investors who buy tokens and keep them in the long run will achieve exceptional results and returns on their investments.

  • Experienced management team with experience of successful company management.

  • All traders want minimum fees for trading. We have no trade fees.

  • Infliv represents the world’s first subscription-based cryptocurrency exchange (membership).

  • Token holders will receive exceptional benefits such as income. Holders of Infliv tokens receive 60% of the token revenue from the total monthly subscription fee received on the Infliv exchange, and pay a monthly subscription fee using the infliv token and receive a 50% discount on the fee.

  • In the future (2019) Infliv will build a decentralized exchange where BMP will be used as one of the key underlying assets as well as the gas to be consumed.

  • 24-hour customer support. We have seen that cryptocurrency is the currency of the future and blockchain is the new discovery of this century, so we provide a fast and secure trading experience for our customers in BTC, ETH, USDT and IFV trading options, Infliv prioritizes security of funds and users. information requiring users to enable 2FA using Google Authenticator or the U2F security key. To ensure the safety of the funds, most system tools are stored in cold wallets and only approx. 0.5% of crypto-assets are available in hot wallets for day-to-day operations on the platform.

Blockchained web hosting

The notable recent rise in bitcoin prices has rekindled the imagination of many investors, but Blockchain technology is not just about money. In this article, we will look at the significant impact this revolutionary technology will have on classic web hosting services.

The concept of cryptocurrency is not rocket science. In fact, this medium is no more complicated than traditional currency. However, he still needs a safe and trusted environment in which he can work, and this is provided by Blockchain.

What is Blockchain? There are many misunderstandings associated with it, but for the purposes of this article we will simply define it as a distributed table. We’re all familiar with Excel or Open Office spreadsheets, but what makes Blockchain so appealing is the way it spreads.

Like the files in Torrent, Blockchain is a peer-to-peer network where there is no need to trust between the parties. Thanks to modern cryptography, trust is maintained at the level of a single record, not the participant who places it.

Okay, now we understand the basics of the cryptocurrency revolution, but how, we might ask, does this affect web hosting services? In fact, in its simplest form, it offers not only to sell their services in local currency, but also in bitcoins and other cryptocurrencies.

However, this is not the end of the revolution. Bitcoins and other digital currencies need e-wallets, and so there is huge potential for traditional web hosting providers. If you trust your customers and host their websites, then why not host their electronic valet?

Each cryptocurrency transaction is de facto a transaction between two electronic valet. Each exchange is supported through a wallet and you can also provide your customers with an interface to access it. This factor is crucial to fully understanding what impact blockchain can have on your web hosting.

At the same time, the blockchain is not just about money. The latest versions of its protocols also make it possible to conclude any form of contract between the parties, whether it is a subscription to cable television or any other type of bill. They all need to be stored somewhere and there is room for web hosting companies.

Therefore, a wallet is the key to making full use of the potential of Blockchain. Once you understand this, what should be your next steps?

Cryptocurrency Bitcoin – Understanding the basics

It has been more than ten years since cryptocurrency began to captivate people on social media and especially online. To date, bitcoin has been able to deal with one of the best cryptocurrencies, no one knows the exact origin of the currency, but it appeared in mid-2008 in connection with the Japanese pseudonym “Satoshi Nakamoto”.

So what is this Bitcoin currency and why has it been able to hold its place in the financial markets. Well, the following reasons may give you an idea of ​​its popularity and evidence of its continued safe existence in the future.

  • Bitcoin is the first decentralized digital currency.

  • Bitcoin is an independent free-floating currency that is neither owned by the government nor with any other currency, so the economic indicators that regulate the value of traditional currencies affect its value.

  • Due to the growing popularity among the masses, it now enjoys an increased level of acceptance at all levels, for example, you can now buy things using cryptocurrency Bitcoin directly and trade them on various platforms such as CoinBase, Bitfinex, Bitstamp, Kraken and others. .

  • All you need is a wallet and an internet connection to make a peer-to-peer Bitcoin transfer.

  • In most cases, transfers occur instantly.

  • Convenience of making transactions via the Internet or mobile phone in a couple of clicks.

  • Your privacy is secure compared to other online payment methods, where your vital information can be leaked and misused.

  • When transferring money by the usual methods you have to pay a commission depending on the volume of your transactions and further, these transfers are subject to your regional and state rules. Although transactions in the cryptocurrency Bitcoin do not require you to be bound by government rules, and in addition, you do not incur large transaction fees.

  • Since you are the only one who has access to your e-wallet, your coins are always safe and no one can steal your money. The process and transactions are transparent because of the shared public book, and anyone can verify the transaction at any time from anywhere in the world via the Internet.

  • Another advantage of having a cryptocurrency Bitcoin wallet is that your account cannot be frozen.

Given the growing popularity and acceptability of the cryptocurrency Bitcoin, we can confidently assume that the future of Bitcoin is not only secure but also quite bright, and this innovative method of payment will remain.

7 benefits of cryptocurrency

Cryptocurrency is a digital alternative to using credit cards or cash for everyday payments in a variety of situations. It continues to grow as a workable alternative to traditional payment methods, but still needs to become more stable before it is fully welcomed by ordinary people. Let’s look at a few of the many benefits of using cryptocurrency:

Fraud – Any problems with fraud are minimized because cryptocurrency is digital, which can prevent reverse or counterfeit payments. This type of action can be a problem with other traditional payment options, such as credit cards, due to refunds.

Theft of personal data – no need to provide personal information that could lead to theft of personal data when using cryptocurrency. If you use a credit card, the store is given a lot of information related to your credit line, even for a very small transaction. In addition, credit card payment is based on a withdrawal transaction when a certain amount is requested from the account. When paying in cryptocurrency, the transaction is based on a push, which gives the account holder the opportunity to send only the exact amount without additional information.

Universal use – cryptocurrency payments can be easily made under certain conditions. A digital contract can be created to make payment completed in the future, refer to external facts or obtain third party approval. Even with a special contract, this type of payment is still very fast and efficient.

Easy access – the use of cryptocurrency is widely available to anyone who has access to the Internet. It is becoming very popular in some parts of the world, such as Kenya, where almost 1/3 of the population uses a digital wallet through a local microfinance service.

Low fees – you can complete a cryptocurrency transaction without having to pay additional fees or charges. However, if a digital wallet or third-party service is used to store the cryptocurrency, there will probably be a small fee.

International trade – this type of payment is not subject to the introduction of fees, transaction fees, interest rates or exchange rates in some countries, which makes it relatively easy to make cross-border transfers.

Adaptability – With nearly 1,200 unique types of cryptocurrencies on the global market, there are many opportunities to use a payment method that meets your specific needs. Although there are many options for using coins for everyday use, there are also those that are designed for a specific use or in a specific industry.

How "Crypt" Currencies Work – A Brief Overview of Bitcoin, Ethereum & Ripple

“Crypto” – or “cryptocurrency” – is a type of software system that provides transactional functionality to users over the Internet. The most important feature of the system is them decentralized character – usually provided in blockchain database system.

Blockchain and “cryptocurrencies” have become major elements of the global spirit of the times recently; usually as a result of the “price” of bitcoin rapid growth. This has forced millions of people to participate in the market, and many of the “bitcoin exchanges” are under severe infrastructure strain as demand grows.

The most important point to be aware of about “crypto” is that, although it actually serves a purpose (cross-border online transactions), it does not provide any other financial benefit. In other words, his “intrinsic value” is steadily limited by his ability to do business with other people; NOT in preserving / disseminating value (which most people see in this).

The most important thing you need to realize is that Bitcoin and the like are similar payment networks – NOT “currency”. It will be covered deeper in a second; The most important thing to realize is that “getting rich” with BTC does not mean improving the economic situation of people – it’s just a process of being able to buy “coins” at a low price and sell them more expensive.

To this end, looking at the “crypt”, you must first understand how it actually works, and where its “value” really lies …

Decentralized payment networks …

As mentioned, the main thing to remember about “Crypto” is that it’s mostly a decentralized payment network. Think Visa / Mastercard without a central processing system.

This is important because it highlights the real reason why people have really started to look more deeply at the Bitcoin offer; it gives you the ability to send / receive money from anyone from around the world as long as they have a Bitcoin wallet address.

The reason this attributes a “price” to various “coins” is the misconception that “Bitcoin” will somehow give you the opportunity to make money by being a “crypto” asset. This is not the case.

The ONLY The fact that people made money on bitcoins was due to the “increase” in its price – buying “coins” at a low price and selling at a MUCH more expensive. Although many people did well, it was actually based on the “big fool theory” – in essence, arguing that if you manage to “sell” the coin, it will be “bigger fool” than you.

This means that if you want to engage today in a “crypto” space, you are essentially looking to buy any of the “coins” (even “alternative” coins) that are cheap (or inexpensive) and enjoy their price rising while you will not sell them later. Since none of the “coins” are backed by real assets, it is not possible to estimate when / when / how it will work.

Future growth

For all intents and purposes, “Bitcoin” is a expended force.

The epic rally of December 2017 showed mass acceptance, and while its price is likely to continue to rise to the $ 20,000 + range, buying one of the coins today will be basically a huge game that will happen.

Smart money is already considering most “alternative” coins (Ethereum / Ripple, etc.) that have a relatively small price but are constantly rising in price and distribution. The main thing to look at in modern “crypto” space is how different “platform” systems are actually used.

Such is the rapid “technological” space; Ethereum and Ripple look like the next “bitcoin” – with a focus on how they can enable users to actually use “decentralized applications” (DApps) on top of their core networks to get the functionality working.

This means that if you look at the next level of “crypto” growth, it will almost certainly come from different platforms that you can identify.

The importance of using Cryptex Locker

Introduction:

Cryptocurrency is a relatively new concept. Perfect knowledge is required to make transactions using cryptocurrencies. This area is growing rapidly and is becoming very popular. At the same time, hackers began to use new methods to cause disaster and steal all currencies. But you can provide safeguards for digital currencies to avoid massive losses. This article is about the part about cryptocurrency, which talks about protecting them from malicious attacks. The concept of liquidity pool locker is discussed in detail below.

We can define cryptocurrency as digital tokens that can be protected by cryptography. We can view this as a digital asset. Cryptocurrencies have faced many failures and disputes for several reasons. These reasons mainly include their use for illegal activities and vulnerability to malicious attacks. At the same time, they have also been praised for a variety of reasons including transparency, portability, etc. Bitcoin is the most popular form of cryptocurrency.

How to protect cryptocurrency?

As already mentioned, cryptocurrency is a new market. But that doesn’t make it any less vulnerable to burglary and theft. Thus, it becomes very necessary to protect digital currencies. There have been various cases where people have been subjected to malicious attacks.

Such attacks lead to the loss of several cryptocurrencies. People who hack these accounts then usually disappear online and it becomes impossible to track them. They also bring with them many digital currencies.

One of the best ways to protect digital currencies is to use a wallet. Originally there were two types of wallets. These days new designs are also appearing. Among all these options, a physical wallet should be the best option. They are also called hardware wallets. They have a password that you need to know to access the tokens. These hardware wallets also have a big drawback. If a user loses or forgets a password, he will never be able to access the tokens in any other way.

Apart from these, there are also paper wallets that are online wallets.

Users should always use strong passwords and they should never share their secret keys.

Why should we use a locker for a liquidity pool?

Cryptex is a type of liquidity pool locker. The liquidity pool locker allows the user to store their tokens under a smart contract. Under this contract, they cannot transfer tokens from the start date to the end date specified in the agreement. There are various such lockers, and some of them also enjoy a great reputation. Due to such restrictions, currencies remain safe and they are not vulnerable to malicious attacks. The user can also adjust the duration and then save the LP tokens. These lockers do not have tokens, their function is to keep them safe during the mentioned period in accordance with the smart contract.

Among all the methods, the liquidity pool is very effective. It also carries no risk compared to cold wallets.

If an individual (developer) does not own the LP tokens, he or she cannot claim a refund of the pool at any time.

Crypto TREND 2017-01

Everyone has heard how bitcoin and other cryptocurrencies have made millionaires those who bought a year ago. Profits of 1000% and more are not just possible, it has been a commonplace for many of these cryptocurrencies. Anyone who bought bitcoin in May 2016 for less than $ 500 would get a 1,400% increase in about 17 months. Then over the last few days we have seen that bitcoin has lost almost $ 1,000, so to say that these cryptocurrencies are unstable would be a significant understatement.

Since the creation of bitcoin in 2008, we at Trend News have been skeptical about the survival of cryptocurrencies, given that they pose a very obvious threat to governments that want to see and tax all transactions. But while we can still be wary of real cryptocurrencies, we are very aware of the potential of the underlying technology that drives these electronic currencies. In fact, we believe that this technology will be a significant destroyer in the way data is managed, and that it will affect all sectors of the global economy, just as the Internet has affected the media.

Here are some questions and answers to get you started …

Q: What is a cryptocurrency?

The most famous cryptocurrency (CC) is BITCOIN. It was the first CC launched in 2008. Today, there are over 800 CCs, including Ethereum, Litecoin, Dash, Zcash, Ripple, Monero, and they are all “virtual”. There are no “physical” coins or currency.

Q: How do CCs work?

CCs are virtual currencies that exist in very large distributed databases. These databases use BLOCKCHAIN ​​technology. Because every Blockchain database is widespread, it is believed that it is immune to hacking, as there is no central point of attack and every transaction is visible to everyone on the network. Each CC has a group of administrators who are often referred to as “miners” who check transactions. One CC called Ethereum uses “smart contracts” to verify transactions. Crypto TREND will tell more details in upcoming news releases.

Q: What is a BLOCKCHANE?

Blockchain is the technology that underlies all CCs. Each transaction for buying, selling or exchanging CC is entered into a BLOCK that is added to the chain. This technology is complex and will not be explained here, but it can revolutionize the financial services industry because transactions can be performed quickly and easily by reducing or eliminating fees. The technology is also being studied for application in many other industries.

Q: Are CC exchanges regulated by the government?

For the most part, the answer is NO, which, for some users, is a big attraction of this market. It is now a “wild west,” but governments in most developed countries are studying the market to decide what regulation may be needed. An important decision is to treat CC as a currency or commodity / security. Canada and the US have so far stated that CCs are legal, however the situation remains unchanged with regard to reporting and tax implications. Crypto TREND will monitor and report on these events.

Q: How to invest in this market?

You can buy, sell and exchange CC using the services of specialized “Exchanges”, which act as a broker. You start by choosing to exchange, set up an account and transfer fiat currency to your account. You can then place orders to BUY and SELL CC. There are many exchanges around the world. Opening an account is fairly simple, and all of these exchanges have their own rules on initial funding and withdrawals.

Crypto TREND will recommend CC Exchanges in the future.

Q: Where can I store CC?

To have the freedom to move cryptocurrencies and pay bills, you will need a digital wallet. These wallets are available in several formats such as desktop, cloud, hardware (USB), mobile phone and paper. Many of them are FREE, however security is an important factor as no one will ever want to lose their wallet or steal it. Crypto TREND will recommend digital wallets in the future.

Q: What can I do with my CC?

In addition to investing in CC products, you can also use cryptocurrency for certain financial transactions such as remittances and bill payments. The list of companies that accept cryptocurrency is growing rapidly and includes major ones such as Microsoft, GAP, JC Penny, Expedia, Shopify, Bloomberg.com, Dish Network, Zynga, Subway and WordPress.

Q: What’s next?

Starting, we will keep each of the Crypto TREND articles short and keep the scope of each as narrow as possible. As we noted earlier, we believe that cryptocurrency technology will change the game and such potential investment opportunities will appear once or twice in a lifetime. Make no mistake, early investing in this sector will only be on your most speculative capital, money you can afford to lose.

Even if you don’t want to invest at this time, an early understanding of this new destructive technology will put you in a good position to profit from our recommendations as we move forward.

Expect more news and specific recommendations from Crypto TREND when we embark on this journey into what may at first seem like an alien jungle. This is a volatile market and it may not appeal to all investors, however Crypto TREND will be your guide when and when you are ready.

Stay tuned!