Coin Converter Widget CoinGecko

Respect Satoshi! The decimal place rule is important for adoption.

Respect Satoshi! The decimal place rule is important for adoption.
So I found out something interesting. Bitcoin/Bitcoin cash is in denominated in satoshi which is 8 decimal places. However a lot of currency converters truncate the number of decimal places e.g. showing 4 or 5 or 6 or 7 decimal places instead of the full 8. In fact coingecko widget showed 12 decimal places!
I found this when trying to determine the number of satoshi that make 1 US cent at the current BCH market price using google's converter, coinmill, currencio and even coingecko and coinmarketcap who I expected to know better than disrespect the decimal place rule of bitcoin.
Decimal places for BCH on coingecko widget.

This poses a problem when you are trying to find how much satoshi is needed for a tx or how much satoshi you get for x. A lay person might mistaken the smallest digit of the truncated figure to represent satoshi when it isn't.
I found only one site that respected the 8 decimal places rule when displaying converted amounts. https://coinpaprika.com/converte

Example
A) On coinmarketcap I put 1 cent and it displayed as 0.000039 when converting to bch (6 decimal places)
B) In coingecko widget I put 0.01 usd and got 0.000039436842 bch (12 decimal places)
C) On coinpaprika 1 cent is displayed correctly as 0.00003926 when converting to bch (8 decimal places)
Now in the absence of a BCH satoshi converter (I did not find one), a lay person might easily conclude 1 cent is 39 satoshi if they used coinmarket cap or 39436842 satoshi if the used coingecko when in fact it is 3,926 satoshi (coinpaprika got it right).
Crypto must be made easier for the masses to adopt. Especially for a cryptocurrency aiming to be used as everyday currency.
This is something the whole bitcoin community should take seriously. If bitcoin and bch are denominated in satoshi then it is important converters respect the decimal places rule. A step in the right direction would be for crypto sites to get their decimal places displayed right at least for major cryptos.
submitted by iammultiman to btc [link] [comments]

RESEARCH REPORT ABOUT KYBER NETWORK

RESEARCH REPORT ABOUT KYBER NETWORK
Author: Gamals Ahmed, CoinEx Business Ambassador

https://preview.redd.it/9k31yy1bdcg51.jpg?width=936&format=pjpg&auto=webp&s=99bcb7c3f50b272b7d97247b369848b5d8cc6053

ABSTRACT

In this research report, we present a study on Kyber Network. Kyber Network is a decentralized, on-chain liquidity protocol designed to make trading tokens simple, efficient, robust and secure.
Kyber design allows any party to contribute to an aggregated pool of liquidity within each blockchain while providing a single endpoint for takers to execute trades using the best rates available. We envision a connected liquidity network that facilitates seamless, decentralized cross-chain token swaps across Kyber based networks on different chains.
Kyber is a fully on-chain liquidity protocol that enables decentralized exchange of cryptocurrencies in any application. Liquidity providers (Reserves) are integrated into one single endpoint for takers and users. When a user requests a trade, the protocol will scan the entire network to find the reserve with the best price and take liquidity from that particular reserve.

1.INTRODUCTION

DeFi applications all need access to good liquidity sources, which is a critical component to provide good services. Currently, decentralized liquidity is comprised of various sources including DEXes (Uniswap, OasisDEX, Bancor), decentralized funds and other financial apps. The more scattered the sources, the harder it becomes for anyone to either find the best rate for their trade or to even find enough liquidity for their need.
Kyber is a blockchain-based liquidity protocol that aggregates liquidity from a wide range of reserves, powering instant and secure token exchange in any decentralized application.
The protocol allows for a wide range of implementation possibilities for liquidity providers, allowing a wide range of entities to contribute liquidity, including end users, decentralized exchanges and other decentralized protocols. On the taker side, end users, cryptocurrency wallets, and smart contracts are able to perform instant and trustless token trades at the best rates available amongst the sources.
The Kyber Network is project based on the Ethereum protocol that seeks to completely decentralize the exchange of crypto currencies and make exchange trustless by keeping everything on the blockchain.
Through the Kyber Network, users should be able to instantly convert or exchange any crypto currency.

1.1 OVERVIEW ABOUT KYBER NETWORK PROTOCOL

The Kyber Network is a decentralized way to exchange ETH and different ERC20 tokens instantly — no waiting and no registration needed.
Using this protocol, developers can build innovative payment flows and applications, including instant token swap services, ERC20 payments, and financial DApps — helping to build a world where any token is usable anywhere.
Kyber’s fully on-chain design allows for full transparency and verifiability in the matching engine, as well as seamless composability with DApps, not all of which are possible with off-chain or hybrid approaches. The integration of a large variety of liquidity providers also makes Kyber uniquely capable of supporting sophisticated schemes and catering to the needs of DeFi DApps and financial institutions. Hence, many developers leverage Kyber’s liquidity pool to build innovative financial applications, and not surprisingly, Kyber is the most used DeFi protocol in the world.
The Kyber Network is quite an established project that is trying to change the way we think of decentralised crypto currency exchange.
The Kyber Network has seen very rapid development. After being announced in May 2017 the testnet for the Kyber Network went live in August 2017. An ICO followed in September 2017, with the company raising 200,000 ETH valued at $60 million in just one day.
The live main net was released in February 2018 to whitelisted participants, and on March 19, 2018, the Kyber Network opened the main net as a public beta. Since then the network has seen increasing growth, with network volumes growing more than 500% in the first half of 2019.
Although there was a modest decrease in August 2019 that can be attributed to the price of ETH dropping by 50%, impacting the overall total volumes being traded and processed globally.
They are developing a decentralised exchange protocol that will allow developers to build payment flows and financial apps. This is indeed quite a competitive market as a number of other such protocols have been launched.
In Brief - Kyber Network is a tool that allows anyone to swap tokens instantly without having to use exchanges. - It allows vendors to accept different types of cryptocurrency while still being paid in their preferred crypto of choice. - It’s built primarily for Ethereum, but any smart-contract based blockchain can incorporate it.
At its core, Kyber is a decentralized way to exchange ETH and different ERC20 tokens instantly–no waiting and no registration needed. To do this Kyber uses a diverse set of liquidity pools, or pools of different crypto assets called “reserves” that any project can tap into or integrate with.
A typical use case would be if a vendor allowed customers to pay in whatever currency they wish, but receive the payment in their preferred token. Another example would be for Dapp users. At present, if you are not a token holder of a certain Dapp you can’t use it. With Kyber, you could use your existing tokens, instantly swap them for the Dapp specific token and away you go.
All this swapping happens directly on the Ethereum blockchain, meaning every transaction is completely transparent.

1.1.1 WHY BUILD THE KYBER NETWORK?

While crypto currencies were built to be decentralized, many of the exchanges for trading crypto currencies have become centralized affairs. This has led to security vulnerabilities, with many exchanges becoming the victims of hacking and theft.
It has also led to increased fees and costs, and the centralized exchanges often come with slow transfer times as well. In some cases, wallets have been locked and users are unable to withdraw their coins.
Decentralized exchanges have popped up recently to address the flaws in the centralized exchanges, but they have their own flaws, most notably a lack of liquidity, and often times high costs to modify trades in their on-chain order books.

Some of the Integrations with Kyber Protocol
The Kyber Network was formed to provide users with a decentralized exchange that keeps everything right on the blockchain, and uses a reserve system rather than an order book to provide high liquidity at all times. This will allow for the exchange and transfer of any cryptocurrency, even cross exchanges, and costs will be kept at a minimum as well.
The Kyber Network has three guiding design philosophies since the start:
  1. To be most useful the network needs to be platform-agnostic, which allows any protocol or application the ability to take advantage of the liquidity provided by the Kyber Network without any impact on innovation.
  2. The network was designed to make real-world commerce and decentralized financial products not only possible but also feasible. It does this by allowing for instant token exchange across a wide range of tokens, and without any settlement risk.
  3. The Kyber Network was created with ease of integration as a priority, which is why everything runs fully on-chain and fully transparent. Kyber is not only developer-friendly, but is also compatible with a wide variety of systems.

1.1.2 WHO INVENTED KYBER?

Kyber’s founders are Loi Luu, Victor Tran, Yaron Velner — CEO, CTO, and advisor to the Kyber Network.

1.1.3 WHAT DISTINGUISHES KYBER?

Kyber’s mission has always been to integrate with other protocols so they’ve focused on being developer-friendly by providing architecture to allow anyone to incorporate the technology onto any smart-contract powered blockchain. As a result, a variety of different dapps, vendors, and wallets use Kyber’s infrastructure including Set Protocol, bZx, InstaDApp, and Coinbase wallet.
Besides, dapps, vendors, and wallets, Kyber also integrates with other exchanges such as Uniswap — sharing liquidity pools between the two protocols.
A typical use case would be if a vendor allowed customers to pay in whatever currency they wish, but receive the payment in their preferred token. Another example would be for Dapp users. At present, if you are not a token holder of a certain Dapp you can’t use it. With Kyber, you could use your existing tokens, instantly swap them for the Dapp specific token and away you go.
Limit orders on Kyber allow users to set a specific price in which they would like to exchange a token instead of accepting whatever price currently exists at the time of trading. However, unlike with other exchanges, users never lose custody of their crypto assets during limit orders on Kyber.
The Kyber protocol works by using pools of crypto funds called “reserves”, which currently support over 70 different ERC20 tokens. Reserves are essentially smart contracts with a pool of funds. Different parties with different prices and levels of funding control all reserves. Instead of using order books to match buyers and sellers to return the best price, the Kyber protocol looks at all the reserves and returns the best price among the different reserves. Reserves make money on the “spread” or differences between the buying and selling prices. The Kyber wants any token holder to easily convert one token to another with a minimum of fuss.

1.2 KYBER PROTOCOL

The protocol smart contracts offer a single interface for the best available token exchange rates to be taken from an aggregated liquidity pool across diverse sources. ● Aggregated liquidity pool. The protocol aggregates various liquidity sources into one liquidity pool, making it easy for takers to find the best rates offered with one function call. ● Diverse sources of liquidity. The protocol allows different types of liquidity sources to be plugged into. Liquidity providers may employ different strategies and different implementations to contribute liquidity to the protocol. ● Permissionless. The protocol is designed to be permissionless where any developer can set up various types of reserves, and any end user can contribute liquidity. Implementations need to take into consideration various security vectors, such as reserve spamming, but can be mitigated through a staking mechanism. We can expect implementations to be permissioned initially until the maintainers are confident about these considerations.
The core feature that the Kyber protocol facilitates is the token swap between taker and liquidity sources. The protocol aims to provide the following properties for token trades: ● Instant Settlement. Takers do not have to wait for their orders to be fulfilled, since trade matching and settlement occurs in a single blockchain transaction. This enables trades to be part of a series of actions happening in a single smart contract function. ● Atomicity. When takers make a trade request, their trade either gets fully executed, or is reverted. This “all or nothing” aspect means that takers are not exposed to the risk of partial trade execution. ● Public rate verification. Anyone can verify the rates that are being offered by reserves and have their trades instantly settled just by querying from the smart contracts. ● Ease of integration. Trustless and atomic token trades can be directly and easily integrated into other smart contracts, thereby enabling multiple trades to be performed in a smart contract function.
How each actor works is specified in Section Network Actors. 1. Takers refer to anyone who can directly call the smart contract functions to trade tokens, such as end-users, DApps, and wallets. 2. Reserves refer to anyone who wishes to provide liquidity. They have to implement the smart contract functions defined in the reserve interface in order to be registered and have their token pairs listed. 3. Registered reserves refer to those that will be cycled through for matching taker requests. 4. Maintainers refer to anyone who has permission to access the functions for the adding/removing of reserves and token pairs, such as a DAO or the team behind the protocol implementation. 5. In all, they comprise of the network, which refers to all the actors involved in any given implementation of the protocol.
The protocol implementation needs to have the following: 1. Functions for takers to check rates and execute the trades 2. Functions for the maintainers to registeremove reserves and token pairs 3. Reserve interface that defines the functions reserves needs to implement
https://preview.redd.it/d2tcxc7wdcg51.png?width=700&format=png&auto=webp&s=b2afde388a77054e6731772b9115ee53f09b6a4a

1.3 KYBER CORE SMART CONTRACTS

Kyber Core smart contracts is an implementation of the protocol that has major protocol functions to allow actors to join and interact with the network. For example, the Kyber Core smart contracts provide functions for the listing and delisting of reserves and trading pairs by having clear interfaces for the reserves to comply to be able to register to the network and adding support for new trading pairs. In addition, the Kyber Core smart contracts also provide a function for takers to query the best rate among all the registered reserves, and perform the trades with the corresponding rate and reserve. A trading pair consists of a quote token and any other token that the reserve wishes to support. The quote token is the token that is either traded from or to for all trades. For example, the Ethereum implementation of the Kyber protocol uses Ether as the quote token.
In order to search for the best rate, all reserves supporting the requested token pair will be iterated through. Hence, the Kyber Core smart contracts need to have this search algorithm implemented.
The key functions implemented in the Kyber Core Smart Contracts are listed in Figure 2 below. We will visit and explain the implementation details and security considerations of each function in the Specification Section.

1.4 HOW KYBER’S ON-CHAIN PROTOCOL WORKS?

Kyber is the liquidity infrastructure for decentralized finance. Kyber aggregates liquidity from diverse sources into a pool, which provides the best rates for takers such as DApps, Wallets, DEXs, and End users.

1.4.1 PROVIDING LIQUIDITY AS A RESERVE

Anyone can operate a Kyber Reserve to market make for profit and make their tokens available for DApps in the ecosystem. Through an open reserve architecture, individuals, token teams and professional market makers can contribute token assets to Kyber’s liquidity pool and earn from the spread in every trade. These tokens become available at the best rates across DApps that tap into the network, making them instantly more liquid and useful.
MAIN RESERVE TYPES Kyber currently has over 45 reserves in its network providing liquidity. There are 3 main types of reserves that allow different liquidity contribution options to suit the unique needs of different providers. 1. Automated Price Reserves (APR) — Allows token teams and users with large token holdings to have an automated yet customized pricing system with low maintenance costs. Synthetix and Melon are examples of teams that run APRs. 2. Fed Price Reserves (FPR) — Operated by professional market makers that require custom and advanced pricing strategies tailored to their specific needs. Kyber alongside reserves such as OneBit, runs FPRs. 3. Bridge Reserves (BR) — These are specialized reserves meant to bring liquidity from other on-chain liquidity providers like Uniswap, Oasis, DutchX, and Bancor into the network.

1.5 KYBER NETWORK ROLES

There Kyber Network functions through coordination between several different roles and functions as explained below: - Users — This entity uses the Kyber Network to send and receive tokens. A user can be an individual, a merchant, and even a smart contract account. - Reserve Entities — This role is used to add liquidity to the platform through the dynamic reserve pool. Some reserve entities are internal to the Kyber Network, but others may be registered third parties. Reserve entities may be public if the public contributes to the reserves they hold, otherwise they are considered private. By allowing third parties as reserve entities the network adds diversity, which prevents monopolization and keeps exchange rates competitive. Allowing third party reserve entities also allows for the listing of less popular coins with lower volumes. - Reserve Contributors — Where reserve entities are classified as public, the reserve contributor is the entity providing reserve funds. Their incentive for doing so is a profit share from the reserve. - The Reserve Manager — Maintains the reserve, calculates exchange rates and enters them into the network. The reserve manager profits from exchange spreads set by them on their reserves. They can also benefit from increasing volume by accessing the entire Kyber Network. - The Kyber Network Operator — Currently the Kyber Network team is filling the role of the network operator, which has a function to adds/remove Reserve Entities as well as controlling the listing of tokens. Eventually, this role will revert to a proper decentralized governance.

1.6 BASIC TOKEN TRADE

A basic token trade is one that has the quote token as either the source or destination token of the trade request. The execution flow of a basic token trade is depicted in the diagram below, where a taker would like to exchange BAT tokens for ETH as an example. The trade happens in a single blockchain transaction. 1. Taker sends 1 ETH to the protocol contract, and would like to receive BAT in return. 2. Protocol contract queries the first reserve for its ETH to BAT exchange rate. 3. Reserve 1 offers an exchange rate of 1 ETH for 800 BAT. 4. Protocol contract queries the second reserve for its ETH to BAT exchange rate. 5. Reserve 2 offers an exchange rate of 1 ETH for 820 BAT. 6. This process goes on for the other reserves. After the iteration, reserve 2 is discovered to have offered the best ETH to BAT exchange rate. 7. Protocol contract sends 1 ETH to reserve 2. 8. The reserve sends 820 BAT to the taker.

1.7 TOKEN-TO-TOKEN TRADE

A token-to-token trade is one where the quote token is neither the source nor the destination token of the trade request. The exchange flow of a token to token trade is depicted in the diagram below, where a taker would like to exchange BAT tokens for DAI as an example. The trade happens in a single blockchain transaction. 1. Taker sends 50 BAT to the protocol contract, and would like to receive DAI in return. 2. Protocol contract sends 50 BAT to the reserve offering the best BAT to ETH rate. 3. Protocol contract receives 1 ETH in return. 4. Protocol contract sends 1 ETH to the reserve offering the best ETH to DAI rate. 5. Protocol contract receives 30 DAI in return. 6. Protocol contract sends 30 DAI to the user.

2.KYBER NETWORK CRYSTAL (KNC) TOKEN

Kyber Network Crystal (KNC) is an ERC-20 utility token and an integral part of Kyber Network.
KNC is the first deflationary staking token where staking rewards and token burns are generated from actual network usage and growth in DeFi.
The Kyber Network Crystal (KNC) is the backbone of the Kyber Network. It works to connect liquidity providers and those who need liquidity and serves three distinct purposes. The first of these is to collect transaction fees, and a portion of every fee collected is burned, which keeps KNC deflationary. Kyber Network Crystals (KNC), are named after the crystals in Star Wars used to power light sabers.
The KNC also ensures the smooth operation of the reserve system in the Kyber liquidity since entities must use third-party tokens to buy the KNC that pays for their operations in the network.
KNC allows token holders to play a critical role in determining the incentive system, building a wide base of stakeholders, and facilitating economic flow in the network. A small fee is charged each time a token exchange happens on the network, and KNC holders get to vote on this fee model and distribution, as well as other important decisions. Over time, as more trades are executed, additional fees will be generated for staking rewards and reserve rebates, while more KNC will be burned. - Participation rewards — KNC holders can stake KNC in the KyberDAO and vote on key parameters. Voters will earn staking rewards (in ETH) - Burning — Some of the network fees will be burned to reduce KNC supply permanently, providing long-term value accrual from decreasing supply. - Reserve incentives — KNC holders determine the portion of network fees that are used as rebates for selected liquidity providers (reserves) based on their volume performance.

Finally, the KNC token is the connection between the Kyber Network and the exchanges, wallets, and dApps that leverage the liquidity network. This is a virtuous system since entities are rewarded with referral fees for directing more users to the Kyber Network, which helps increase adoption for Kyber and for the entities using the Network.
And of course there will soon be a fourth and fifth uses for the KNC, which will be as a staking token used to generate passive income, as well as a governance token used to vote on key parameters of the network.
The Kyber Network Crystal (KNC) was released in a September 2017 ICO at a price around $1. There were 226,000,000 KNC minted for the ICO, with 61% sold to the public. The remaining 39% are controlled 50/50 by the company and the founders/advisors, with a 1 year lockup period and 2 year vesting period.
Currently, just over 180 million coins are in circulation, and the total supply has been reduced to 210.94 million after the company burned 1 millionth KNC token in May 2019 and then its second millionth KNC token just three months later.
That means that while it took 15 months to burn the first million KNC, it took just 10 weeks to burn the second million KNC. That shows how rapidly adoption has been growing recently for Kyber, with July 2019 USD trading volumes on the Kyber Network nearly reaching $60 million. This volume has continued growing, and on march 13, 2020 the network experienced its highest daily trading activity of $33.7 million in a 24-hour period.
Currently KNC is required by Reserve Managers to operate on the network, which ensures a minimum amount of demand for the token. Combined with future plans for burning coins, price is expected to maintain an upward bias, although it has suffered along with the broader market in 2018 and more recently during the summer of 2019.
It was unfortunate in 2020 that a beginning rally was cut short by the coronavirus pandemic, although the token has stabilized as of April 2020, and there are hopes the rally could resume in the summer of 2020.

2.1 HOW ARE KNC TOKENS PRODUCED?

The native token of Kyber is called Kyber Network Crystals (KNC). All reserves are required to pay fees in KNC for the right to manage reserves. The KNC collected as fees are either burned and taken out of the total supply or awarded to integrated dapps as an incentive to help them grow.

2.2 HOW DO YOU GET HOLD OF KNC TOKENS?

Kyber Swap can be used to buy ETH directly using a credit card, which can then be used to swap for KNC. Besides Kyber itself, exchanges such as Binance, Huobi, and OKex trade KNC.

2.3 WHAT CAN YOU DO WITH KYBER?

The most direct and basic function of Kyber is for instantly swapping tokens without registering an account, which anyone can do using an Etheruem wallet such as MetaMask. Users can also create their own reserves and contribute funds to a reserve, but that process is still fairly technical one–something Kyber is working on making easier for users in the future.

2.4 THE GOAL OF KYBER THE FUTURE

The goal of Kyber in the coming years is to solidify its position as a one-stop solution for powering liquidity and token swapping on Ethereum. Kyber plans on a major protocol upgrade called Katalyst, which will create new incentives and growth opportunities for all stakeholders in their ecosystem, especially KNC holders. The upgrade will mean more use cases for KNC including to use KNC to vote on governance decisions through a decentralized organization (DAO) called the KyberDAO.
With our upcoming Katalyst protocol upgrade and new KNC model, Kyber will provide even more benefits for stakeholders. For instance, reserves will no longer need to hold a KNC balance for fees, removing a major friction point, and there will be rebates for top performing reserves. KNC holders can also stake their KNC to participate in governance and receive rewards.

2.5 BUYING & STORING KNC

Those interested in buying KNC tokens can do so at a number of exchanges. Perhaps your best bet between the complete list is the likes of Coinbase Pro and Binance. The former is based in the USA whereas the latter is an offshore exchange.
The trading volume is well spread out at these exchanges, which means that the liquidity is not concentrated and dependent on any one exchange. You also have decent liquidity on each of the exchange books. For example, the Binance BTC / KNC books are wide and there is decent turnover. This means easier order execution.
KNC is an ERC20 token and can be stored in any wallet with ERC20 support, such as MyEtherWallet or MetaMask. One interesting alternative is the KyberSwap Android mobile app that was released in August 2019.
It allows for instant swapping of tokens and has support for over 70 different altcoins. It also allows users to set price alerts and limit orders and works as a full-featured Ethereum wallet.

2.6 KYBER KATALYST UPGRADE

Kyber has announced their intention to become the de facto liquidity layer for the Decentralized Finance space, aiming to have Kyber as the single on-chain endpoint used by the majority of liquidity providers and dApp developers. In order to achieve this goal the Kyber Network team is looking to create an open ecosystem that garners trust from the decentralized finance space. They believe this is the path that will lead the majority of projects, developers, and users to choose Kyber for liquidity needs. With that in mind they have recently announced the launch of a protocol upgrade to Kyber which is being called Katalyst.
The Katalyst upgrade will create a stronger ecosystem by creating strong alignments towards a common goal, while also strengthening the incentives for stakeholders to participate in the ecosystem.
The primary beneficiaries of the Katalyst upgrade will be the three major Kyber stakeholders: 1. Reserve managers who provide network liquidity; 2. dApps that connect takers to Kyber; 3. KNC holders.
These stakeholders can expect to see benefits as highlighted below: Reserve Managers will see two new benefits to providing liquidity for the network. The first of these benefits will be incentives for providing reserves. Once Katalyst is implemented part of the fees collected will go to the reserve managers as an incentive for providing liquidity.
This mechanism is similar to rebates in traditional finance, and is expected to drive the creation of additional reserves and market making, which in turn will lead to greater liquidity and platform reach.
Katalyst will also do away with the need for reserve managers to maintain a KNC balance for use as network fees. Instead fees will be automatically collected and used as incentives or burned as appropriate. This should remove a great deal of friction for reserves to connect with Kyber without affecting the competitive exchange rates that takers in the system enjoy. dApp Integrators will now be able to set their own spread, which will give them full control over their own business model. This means the current fee sharing program that shares 30% of the 0.25% fee with dApp developers will go away and developers will determine their own spread. It’s believed this will increase dApp development within Kyber as developers will now be in control of fees.
KNC Holders, often thought of as the core of the Kyber Network, will be able to take advantage of a new staking mechanism that will allow them to receive a portion of network fees by staking their KNC and participating in the KyberDAO.

2.7 COMING KYBERDAO

With the implementation of the Katalyst protocol the KNC holders will be put right at the heart of Kyber. Holders of KNC tokens will now have a critical role to play in determining the future economic flow of the network, including its incentive systems.
The primary way this will be achieved is through KyberDAO, a way in which on-chain and off-chain governance will align to streamline cooperation between the Kyber team, KNC holders, and market participants.
The Kyber Network team has identified 3 key areas of consideration for the KyberDAO: 1. Broad representation, transparent governance and network stability 2. Strong incentives for KNC holders to maintain their stake and be highly involved in governance 3. Maximizing participation with a wide range of options for voting delegation
Interaction between KNC Holders & Kyber
This means KNC holders have been empowered to determine the network fee and how to allocate the fees to ensure maximum network growth. KNC holders will now have three fee allocation options to vote on: - Voting Rewards: Immediate value creation. Holders who stake and participate in the KyberDAO get their share of the fees designated for rewards. - Burning: Long term value accrual. The decreasing supply of KNC will improve the token appreciation over time and benefit those who did not participate. - Reserve Incentives:Value creation via network growth. By rewarding Kyber reserve managers based on their performance, it helps to drive greater volume, value, and network fees.

2.8 TRANSPARENCY AND STABILITY

The design of the KyberDAO is meant to allow for the greatest network stability, as well as maximum transparency and the ability to quickly recover in emergency situations. Initally the Kyber team will remain as maintainers of the KyberDAO. The system is being developed to be as verifiable as possible, while still maintaining maximum transparency regarding the role of the maintainer in the DAO.
Part of this transparency means that all data and processes are stored on-chain if feasible. Voting regarding network fees and allocations will be done on-chain and will be immutable. In situations where on-chain storage or execution is not feasible there will be a set of off-chain governance processes developed to ensure all decisions are followed through on.

2.9 KNC STAKING AND DELEGATION

Staking will be a new addition and both staking and voting will be done in fixed periods of times called “epochs”. These epochs will be measured in Ethereum block times, and each KyberDAO epoch will last roughly 2 weeks.
This is a relatively rapid epoch and it is beneficial in that it gives more rapid DAO conclusion and decision-making, while also conferring faster reward distribution. On the downside it means there needs to be a new voting campaign every two weeks, which requires more frequent participation from KNC stakeholders, as well as more work from the Kyber team.
Delegation will be part of the protocol, allowing stakers to delegate their voting rights to third-party pools or other entities. The pools receiving the delegation rights will be free to determine their own fee structure and voting decisions. Because the pools will share in rewards, and because their voting decisions will be clearly visible on-chain, it is expected that they will continue to work to the benefit of the network.

3. TRADING

After the September 2017 ICO, KNC settled into a trading price that hovered around $1.00 (decreasing in BTC value) until December. The token has followed the trend of most other altcoins — rising in price through December and sharply declining toward the beginning of January 2018.
The KNC price fell throughout all of 2018 with one exception during April. From April 6th to April 28th, the price rose over 200 percent. This run-up coincided with a blog post outlining plans to bring Bitcoin to the Ethereum blockchain. Since then, however, the price has steadily fallen, currently resting on what looks like a $0.15 (~0.000045 BTC) floor.
With the number of partners using the Kyber Network, the price may rise as they begin to fully use the network. The development team has consistently hit the milestones they’ve set out to achieve, so make note of any release announcements on the horizon.

4. COMPETITION

The 0x project is the biggest competitor to Kyber Network. Both teams are attempting to enter the decentralized exchange market. The primary difference between the two is that Kyber performs the entire exchange process on-chain while 0x keeps the order book and matching off-chain.
As a crypto swap exchange, the platform also competes with ShapeShift and Changelly.

5.KYBER MILESTONES

• June 2020: Digifox, an all-in-one finance application by popular crypto trader and Youtuber Nicholas Merten a.k.a DataDash (340K subs), integrated Kyber to enable users to easily swap between cryptocurrencies without having to leave the application. • June 2020: Stake Capital partnered with Kyber to provide convenient KNC staking and delegation services, and also took a KNC position to participate in governance. • June 2020: Outlined the benefits of the Fed Price Reserve (FPR) for professional market makers and advanced developers. • May 2020: Kyber crossed US$1 Billion in total trading volume and 1 Million transactions, performed entirely on-chain on Ethereum. • May 2020: StakeWith.Us partnered Kyber Network as a KyberDAO Pool Master. • May 2020: 2Key, a popular blockchain referral solution using smart links, integrated Kyber’s on-chain liquidity protocol for seamless token swaps • May 2020: Blockchain game League of Kingdoms integrated Kyber to accept Token Payments for Land NFTs. • May 2020: Joined the Zcash Developer Alliance , an invite-only working group to advance Zcash development and interoperability. • May 2020: Joined the Chicago DeFi Alliance to help accelerate on-chain market making for professionals and developers. • March 2020: Set a new record of USD $33.7M in 24H fully on-chain trading volume, and $190M in 30 day on-chain trading volume. • March 2020: Integrated by Rarible, Bullionix, and Unstoppable Domains, with the KyberWidget deployed on IPFS, which allows anyone to swap tokens through Kyber without being blocked. • February 2020: Popular Ethereum blockchain game Axie Infinity integrated Kyber to accept ERC20 payments for NFT game items. • February 2020: Kyber’s protocol was integrated by Gelato Finance, Idle Finance, rTrees, Sablier, and 0x API for their liquidity needs. • January 2020: Kyber Network was found to be the most used protocol in the whole decentralized finance (DeFi) space in 2019, according to a DeFi research report by Binance. • December 2019: Switcheo integrated Kyber’s protocol for enhanced liquidity on their own DEX. • December 2019: DeFi Wallet Eidoo integrated Kyber for seamless in-wallet token swaps. • December 2019: Announced the development of the Katalyst Protocol Upgrade and new KNC token model. • July 2019: Developed the Waterloo Bridge , a Decentralized Practical Cross-chain Bridge between EOS and Ethereum, successfully demonstrating a token swap between Ethereum to EOS. • July 2019: Trust Wallet, the official Binance wallet, integrated Kyber as part of its decentralized token exchange service, allowing even more seamless in-wallet token swaps for thousands of users around the world. • May 2019: HTC, the large consumer electronics company with more than 20 years of innovation, integrated Kyber into its Zion Vault Wallet on EXODUS 1 , the first native web 3.0 blockchain phone, allowing users to easily swap between cryptocurrencies in a decentralized manner without leaving the wallet. • January 2019: Introduced the Automated Price Reserve (APR) , a capital efficient way for token teams and individuals to market make with low slippage. • January 2019: The popular Enjin Wallet, a default blockchain DApp on the Samsung S10 and S20 mobile phones, integrated Kyber to enable in-wallet token swaps. • October 2018: Kyber was a founding member of the WBTC (Wrapped Bitcoin) Initiative and DAO. • October 2018: Developed the KyberWidget for ERC20 token swaps on any website, with CoinGecko being the first major project to use it on their popular site.

Full Article

submitted by CoinEx_Institution to kybernetwork [link] [comments]

How To Withdraw LBC Coin On Lbry.Tv & Exchange To Native Currency

How To Withdraw LBC Coin On Lbry.Tv & Exchange To Native Currency

We have already posted about the introduction of the LBRY blockchain and the concept of this decentralized content freedom platform. We have also discussed early joining earning opportunities for you and you can grab as an early user of this platform.
If you don’t yet familiar with this evolving project in the blockchain world then it’s suggestive from us that read our previously posted articles on those topics which are the followup of this post to learn, In this quick instructing post. About How to withdraw or send, transfer your lbry coins if you have earned or receive through their reward program how you can convert them to your native currency and enjoy to spend them easily.
Join LBRY.tv and Earn LBC Coins
Nav Posted Content

How to Manage Your LBRY.tv Wallet?

📷
As you know that lbry.tv has provided you a blockchain synced wallet where you receive your earnings and you send as well as transfer your funds in terms of LBC coins using LBRY blockchain. You can backup your wallet and also can restore your wallet independently which help you to secure your funds you want to again access your wallet funds you can access the platform and log in there through your email if your wallet is already synced with lbry server then you can see and access your funds directly if syncing is off then you need to restore wallet shortly.

Backup Wallet

You can backup your wallet by just accessing your lbry.tv platform on either desktop application or through an android or IOS platform to turn to sync on or off based on your choices. The requirement of backup up your wallet on the desktop by just going to help section and scroll down then click on create backup option and then you will have saved your zip file of backup you can use it for your fund’s security and other restoration processes.
📷
If you want to use their same lbry account different platforms then you can sync option for your own convenience.

LBRY Wallets Other Than LBRY App

So it is just easy that you can store your earnings so far until you need to convert them into the local currency you can store and safe them into lbry simply app and access them simply from desktop to Android and other supportive platforms also perhaps if you want to store more separately or want an alternative to lbry apps simple wallet then the options are available you can use the following wallets other then lbry apps.
If you want further detailed information regarding these wallets that how to use them and how you can transact in them you can ask us or suggest us to post guide blog on a thing so that we can consider it on your request.

How to Withdraw Your LBC LBRY Credits Coins From lbry.tv?

The coins you earned on lbry.tv which are actually LBC lbry credits which is a coin and native currency value of lbry platform and blockchain to transfer value and for other use cases. The lbry.tv platform offer you complete freedom of choice and doesn’t hold your funds in their wallet or servers the coins credits you can transfer directly and instantly to the wallet and you can transfer it immediately to any address of supportive LBC exchange or any other LBC blockchain wallet address.
So, therefore, there is no option of withdrawing because there is no minimum or selective day of withdrawing requirement compare to other centralized platforms. So furthermore now we need to consider how we can spend these earned coins because we cannot directly pay them to anyone and can exchange it with services and goods of value that’s why we need to exchange LBC to USD or your own region native fiat currency.

How to Exchange/Convert LBC to USD or Fiat Currency?

The standard process of exchanging any currency to your native currency in the cryptocurrency market is to exchange any crypto to USD through supportive legitimate reputable well-known volume holding Cryptocurrencies either they are centralized or decentralize DEXs.

Current LBC Reputable Markets

  • Bittrex
  • CoinEx
  • VCC Exchange
  • Bisq.Network (DEX)
We recommend You consider Bittrex in first Priority and if you are in a region where Bittrex unsupported their services or ban by country jurisdiction then you can consider CoinEx Exchange to exchange into USDT and Then You can Convert them into a local currency where via crypto to local fiat channels. In this article, we are also looking forward to the way to exchange LBC to USD or any other crypto through CoinEX exchange so let’s read below continue.
Current Value Of LBC Against USD
LBRY Credits (LBC) 0.023857 USD (-6.49%)📷RANK
390MARKET CAP
$10.40 M USD VOLUME
$704.74 K USDPowered by CoinMarketCap
You have two pairs of support on CoinEx exchange with LBC/BTC and LBC/USDT you can further convert it into Ethereum or any other crypto which you feel comfortable getting into fiat easily where local exchangers support is available.

SignUp AT CoinEx

Follow The Following Steps To Exchange Your LBC to USD or BTC at CoinEx
  • After Successfully Logging in to your CoinEx Account.
  • Goto Upper right NAV bar to Assets Option Click and Open it.
  • Find the LBC Under in the Spot Account Search Box LBC Asset wallet Will Appear Shortly.
  • Click on the Deposit Option and Copy the LBC Receiving Address.
  • Then Goto to Your LBRY.tv Account LBC Balance click on it and Click Send Option On the Page.
  • Past the Address thoroughly and enter the desired balance then click send.
  • After 20 Network Confirmations, you will receive your coins in the CoinEx Account.
  • You can Exchange it to USDT or BTC By just Clicking on Markets Option from Nav Bar.
  • You will be redirected to trading markets available instruments on the exchange.
  • You can Select now BTC Pairs or USD Markets Depending on Your Choices.
  • You can either search LBC or find it manually by scrolling your self.
  • Let’s say you want to exchange LBC/USDT By selecting the USD Markets.
  • The LBC/USDT trading panel will appear to select the amount you want to exchange or sell.
  • Enter Amount of balance you want to exchange and Hit Sell Option Currently Min 50 LBC/USD is Allowed.
Now you can withdraw Your USDT or Convert it accordingly to any other crypto to get converting convenience. You can Convert your BTC, ETH, and Other Top coins to PERFECT MONEY SKRILL NETELLER and other fiat channels in Asia and Other regions or get Fiat Withdraw To Your local wallets through following local trusted exchangers.
  • localBitcoins.com
  • Remitano.com
  • Bestchange.com
Many other sites are available but above three are recommended and also done used by personal experiences are much positive regarding (LOCAL BITCOINS, BESTCHANGE) So you can free to use these mediums fees are higher than usual and minimum criteria are also very much tightened because crypto to fiat and fiat to crypto is difficult so far due to Govt. Regulations and centralize control other than that the real-world problem-solving idea come and solve this fees consuming and time hurdle problem solve by some great developers and GOVT could flexible the control on MONEY which so far seems like Very difficult what you think to tell us BELOW.
If you have Skrill or Neteller Verified Account or Want to Create Your account then you can convert BTC, BCH, and Ethereum Directly Through BitPay support inside Skrill and cash out to your native wallet.
If you have any questions regarding LBRY.tv LBC coin or regarding any the blockchain of lbry or having any issue regarding the exchanging platform channel transfer issue or want the easy way of exchanging LBC to your native fiat currency easily then you can comment below we can assist you as much we can We highly appreciate your time to spend on curexmy.com hope this will valuable for you.
submitted by curexmycom to u/curexmycom [link] [comments]

Swipe Bi-Weekly Update #3

Swipe Bi-Weekly Update #3

https://preview.redd.it/7fbetvbwsks41.jpg?width=1280&format=pjpg&auto=webp&s=e30fcb7e7a120537c0fb1910730fe984064d7a96
The first two weeks of April landed new partnerships, programs, and integrations for the Swipe Wallet platform. To generate more awareness about Swipe, the team has been very active in promoting its services to the public and even giving away special prizes to lucky participants who joined the program.
https://preview.redd.it/c4z7op71tks41.jpg?width=1280&format=pjpg&auto=webp&s=92956aee8197fc4cc0d9942cac8ec140c5c2a978
Send Crypto with iMessage Globally
Swipe Wallet iOS users can now send cryptocurrencies directly via iMessage. This announcement of Swipe came after the recent fiat inflation happening across the world.
To use this option, Swipe Wallet users can simply go directly to their iMessage and tap on the Swipe Widget to get started.
Swipe Visa Cards Contactless NFC Update
Swipe has increased the limits for its PIN-less NFC taps payments. As Swipe tries to help raise health awareness and to limit the possible exposure of its users to COVID-19, it has increased these limits so users do not have to touch keypads and just have to tap their cards. The limits for physical payments are €50 per payment with a daily limit of €150.
SXP Deflationary Supply Model
The Swipe Token (SXP) has implemented and deployed a deflationary supply model “tokenomics,” a different model compared to most traditional cryptocurrencies use in the market today.
SXP follows a deflationary supply model. SXP has a 300,000,000 fixed supply programmatically designed to become lower over time due to the nature of the protocol. This means that the total SXP supply is designed to decrease as more demand and use in the protocol happens within the Swipe user base and community. In the Swipe Network, 80% of transaction fees that flow through its protocol get automatically destroyed by a smart contract that has been audited and verified by CertiK. 20% of those transaction fees remain in the protocol for Swipe, and in the future, this 20% will be for the validators as network fees they earn when they validate the transactions of the network. With this system, the total supply of SXP becomes lower as time progresses and the use of system increases.
Swipe plans to upgrade the protocol into a DAO where users can vote on protocol changes. One change lined up on the launch of Swipe v2 will be the total supply cap. More details on the Swipe v2 protocol will be released via a revised Swipe Network whitepaper soon.
Swipe Spotlight Coin: Tron TRX
TRON (TRX) is the latest coin to join Swipe’s “Swipe Spotlight.” The Swipe spotlight program gives users a first-hand view of all the Swipe platform benefits and a specific coin with 0% fees.
TRON (TRX) is running on the TRON blockchain, one of the largest blockchain-based operating system in the world. It is the official digital currency of Tron Foundation, which aims to build a decentralized internet and create a global free entertainment content system that utilizes the blockchain technology.
Swipe Wallet verified users will be able to use the TRX through the Swipe platform. Users can buy TRX with a linked bank account in the UK and EU with SEPA transfer or wire funds via SWIFT. TRX may also be purchased with a verified Visa or MasterCard debit or credit card and Apple Pay. All of these features have NO FEES.
Swipe Visa Cardholders can benefit by spending TRX to Euros at point-of-sale using the Swipe Network conversion system. That means if the Cardholder, in the United Kingdom and 27 other European Union countries, wants to buy coffee with TRX, all they need to do is enable the “Funding Source” to TRX in the App and just “swipe” their card. Swipe’s backend system will do the heavy lifting for its users to convert it to Euros so that the merchant gets paid immediately.
Twitter Giveaway
Swipe has announced the 100 lucky users on its recent twitter giveaway. Winners received $100 in Bitcoin (BTC) through Swipe’s Twitter Giveaway Event.
On its recent Twitter post, Swipe is again giving away $1,000 worth of Bitcoins (BTC) to 10 lucky winners in celebration of its May 1st special announcement. To join, participants must like the pinned message on Swipe’s Twitter page, retweet the pinned message with #Swipe and Tag three friends.
Earn cash back in Bitcoin (BTC) via Swipe Visa Card
Swipe Visa card users in the United Kingdom and 28 countries* in Europe can now earn their cash back in Bitcoins (BTC). Swipe Visa card users can also enjoy converting their cryptocurrencies to Euros, spend Euros and earn crypto, use Google Pay, and use Visa Paywave NFC tap payments.
\Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, & U.K*
ARK and USDC integration on Swipe Wallet
Swipe has listed ARK and USD Coin (USDC) on the Swipe Wallet platform. Swipe users can now buy and sell these cryptocurrencies via their linked bank account or cards, spend it to fiat using Swipe Visa, and exchange these coins instantly with all the supported coins in the Swipe Wallet platform.
---
Stay up-to-date with all the latest news from Swipe
Website: https://swipe.io
Twitter: https://twitter.com/SwipeWallet
Facebook: https://facebook.com/Swipe
Instagram: https://instagram.com/Swipe
Medium: https://medium.com/Swipe
Telegram: https://t.me/SwipeWallet & https://t.me/Swipe
LinkedIn: https://www.linkedin.com/company/swipewallet
YouTube: https://youtube.com/SwipeWallet
submitted by SwipeWallet to Swipe_io [link] [comments]

Changelly Support Number +1-888-780-0222 -----$^%*[email protected]#$#$%

Changelly Support Number +1-888-780-0222

Changelly is an instant cryptocurrency exchange that allows you to exchange crypto fast and buy it with a bank card. The service provides the best crypto-to-crypto rates and supports over 140 cryptocurrencies available for exchange.
Changelly allows anonymity for its users and also acts as a bridge, narrowing the gap between users and major cryptocurrency exchanges. Because it does not require any verification, it is available worldwide with no geographical restrictions or limitations. A huge positive is that there are no limits, there is a minimum deposit to cover the network-fees of course, but apart from that you can use Changelly as vigorously as you want to! Proceeding ahead, we will discuss some of the positives Changelly offers and how the platform has helped enhances investors and traders cryptocurrency experience.
Advantages of Changelly
Changelly has many advantages, we highlight the points that differentiate this platform from others –
More advantages of Changelly
Disadvantages of Changelly
Customer support
Changelly has mixed-response when it comes to reviewing its customer support. There are many 5-star ratings awarded to them for their seamless and quick responses, and there are many one-star ratings as well for some issues that were not resolved in time. But overall, the customer support of Changelly has been good and responsive. They do their best to resolve issues as quick as possible.
submitted by degagerez768 to u/degagerez768 [link] [comments]

Changelly Support Number +1-888-780-0222 -----$^%*[email protected]#$#

Changelly Support Number +1-888-780-0222
Changelly is an instant cryptocurrency exchange that allows you to exchange crypto fast and buy it with a bank card. The service provides the best crypto-to-crypto rates and supports over 140 cryptocurrencies available for exchange.
Changelly allows anonymity for its users and also acts as a bridge, narrowing the gap between users and major cryptocurrency exchanges. Because it does not require any verification, it is available worldwide with no geographical restrictions or limitations. A huge positive is that there are no limits, there is a minimum deposit to cover the network-fees of course, but apart from that you can use Changelly as vigorously as you want to! Proceeding ahead, we will discuss some of the positives Changelly offers and how the platform has helped enhances investors and traders cryptocurrency experience.
Advantages of Changelly
Changelly has many advantages, we highlight the points that differentiate this platform from others –
More advantages of Changelly
Disadvantages of Changelly
Customer support
Changelly has mixed-response when it comes to reviewing its customer support. There are many 5-star ratings awarded to them for their seamless and quick responses, and there are many one-star ratings as well for some issues that were not resolved in time. But overall, the customer support of Changelly has been good and responsive. They do their best to resolve issues as quick as possible.
submitted by kerkhistorici789 to u/kerkhistorici789 [link] [comments]

Changelly Support Number +1-888-780-0222 -----$^%*[email protected]#$#$%

Changelly Support Number +1-888-780-0222
Changelly is an instant cryptocurrency exchange that allows you to exchange crypto fast and buy it with a bank card. The service provides the best crypto-to-crypto rates and supports over 140 cryptocurrencies available for exchange.
Changelly allows anonymity for its users and also acts as a bridge, narrowing the gap between users and major cryptocurrency exchanges. Because it does not require any verification, it is available worldwide with no geographical restrictions or limitations. A huge positive is that there are no limits, there is a minimum deposit to cover the network-fees of course, but apart from that you can use Changelly as vigorously as you want to! Proceeding ahead, we will discuss some of the positives Changelly offers and how the platform has helped enhances investors and traders cryptocurrency experience.
Advantages of Changelly
Changelly has many advantages, we highlight the points that differentiate this platform from others –
More advantages of Changelly
Disadvantages of Changelly
Customer support
Changelly has mixed-response when it comes to reviewing its customer support. There are many 5-star ratings awarded to them for their seamless and quick responses, and there are many one-star ratings as well for some issues that were not resolved in time. But overall, the customer support of Changelly has been good and responsive. They do their best to resolve issues as quick as possible.
submitted by remitido56 to u/remitido56 [link] [comments]

Changelly Support Number +1-888-780-0222 -----$^%*[email protected]#$

Changelly Support Number +1-888-780-0222
Changelly is an instant cryptocurrency exchange that allows you to exchange crypto fast and buy it with a bank card. The service provides the best crypto-to-crypto rates and supports over 140 cryptocurrencies available for exchange.
Changelly allows anonymity for its users and also acts as a bridge, narrowing the gap between users and major cryptocurrency exchanges. Because it does not require any verification, it is available worldwide with no geographical restrictions or limitations. A huge positive is that there are no limits, there is a minimum deposit to cover the network-fees of course, but apart from that you can use Changelly as vigorously as you want to! Proceeding ahead, we will discuss some of the positives Changelly offers and how the platform has helped enhances investors and traders cryptocurrency experience.

Advantages of Changelly

Changelly has many advantages, we highlight the points that differentiate this platform from others –

More advantages of Changelly


Disadvantages of Changelly


Customer support

Changelly has mixed-response when it comes to reviewing its customer support. There are many 5-star ratings awarded to them for their seamless and quick responses, and there are many one-star ratings as well for some issues that were not resolved in time. But overall, the customer support of Changelly has been good and responsive. They do their best to resolve issues as quick as possible.
submitted by kegelten56 to u/kegelten56 [link] [comments]

Changelly Support Number +1-888-780-0222 -----$^%*[email protected]#$#$% %&^*

Changelly Support Number +1-888-780-0222
Changelly is an instant cryptocurrency exchange that allows you to exchange crypto fast and buy it with a bank card. The service provides the best crypto-to-crypto rates and supports over 140 cryptocurrencies available for exchange.
Changelly allows anonymity for its users and also acts as a bridge, narrowing the gap between users and major cryptocurrency exchanges. Because it does not require any verification, it is available worldwide with no geographical restrictions or limitations. A huge positive is that there are no limits, there is a minimum deposit to cover the network-fees of course, but apart from that you can use Changelly as vigorously as you want to! Proceeding ahead, we will discuss some of the positives Changelly offers and how the platform has helped enhances investors and traders cryptocurrency experience.
Advantages of Changelly
Changelly has many advantages, we highlight the points that differentiate this platform from others –
More advantages of Changelly
Disadvantages of Changelly
Customer support
Changelly has mixed-response when it comes to reviewing its customer support. There are many 5-star ratings awarded to them for their seamless and quick responses, and there are many one-star ratings as well for some issues that were not resolved in time. But overall, the customer support of Changelly has been good and responsive. They do their best to resolve issues as quick as possible.
submitted by narihua54 to u/narihua54 [link] [comments]

How to accept Dogecoin with your business, and why. A few pointers.

THE UPDATED VERSION OF THIS POST CAN BE FOUND HERE.
You are a business owner and sell goods or services. You heard about Dogecoin. You wonder how you can use it in your business. This thread is for you.
If you have no idea what Dogecoin is, read up on it here (click). In short, it is a digital currency that is perfect for everyday use. Read on if you want to know why it would be good for your enterprise.
Why should I accept payments in Dogecoin? 
Dogecoin offers you:
Dogecoin can be exchanged to national currencies. You can do this easily by yourself or use the automatic conversion offered by some payment processors (all is explained further down). You can also just keep your Dogecoin and spend it or offer it to your employees! :)
Dogecoin is fun and it gets ever more useful the more people like you use and accept it. There are other merchants who have gone this path before you - you can read interviews about them and their experiences on this blog. You can also talk with other merchants in /dogevendors, check out these testimonials ([1, 2], 3), search this subreddit and post any questions you have right here!
I want to accept donations. What are my options? 
Just download the client and put up the wallet address up on your page with donation info. Done! That's it! If you want something snazzy, check out this widget or this one (or this one) (or this one).
If you need to track who sent you how much money (for goodies and that), you could ask that donators tell you that they're sending you a very specific amount of coins (e.g. 100.424242), and match it to their name. However, this can be abused as your transaction history is public. If you're actually selling stuff, check out the next section instead.
I sell stuff online. What are my options? 
You have a lot! It boils down to one of these:
The last option can be interesting if you don't have your own web store, are selling digital goods and/or are just selling on as a side business. If your business is your main income, handling payment yourself is probably better.
1) Manually processing transactions
All you need for this is a Dogecoin wallet. You simply generate a payment address for each of your customers, send it to them and confirm that your coins arrived at the address. This is super fast to set up and there is absolutely no commitment.
If you just want to try it out before investing a lot of effort, just set up a wallet (either with the Dogecoin desktop client or an online wallet (listed under Browser "here") and let your customers know that they can now pay with Dogecoin. You can use some of these buttons if you wish( 1 2 3 4 5) and browse this asset repository of useful artwork. The graphical interface is still being developed, but you can browse the files and find license information already :)
2) Automatically processing transactions
Check out the section on APIs and payment processors further down!
3) Selling stuff through a 3rd-party site
There are a number of sites that function a lot like eBay, Etsy and Xmart. You enter your products and they handle the payment and web store stuff. This is most convenient if you have digital goods to sell (music, books...) and want to send them out automatically.
If you are an Etsy user who wants to accept Dogecoin, click here.
I sell from a physical store or location. What are my options? 
All you need is an internet connection in your store and a web-capable device, such as a mobile phone, cheap tablet or a nearby PC. On-site, your customers can send you coins using their phone, or you can sell coupons for your goods online in advance.
DogePos is a point-of-sales app that is open source and Koupah announced that they will accept Doge as well. You can use or apply for all of these tools right now! Either way, all you need is a way to 1) convert a USD price into Doge, and to 2) check that the coins have arrived in your wallet.
To check your wallet balance and Doge prices, you can use the app MyDOGE oniPhones and iPads, and this app on Android devices. This is one of many useful price converter websites you can bookmark. Checking your balance on the PC can be done with the wallet client.
If you want to sell your goods or coupons for them online, it might be easiest use a ready-made stores capable of digital distribution. Check point "3)" in the above section for some options.
Dogecoin payment processors, APIs, checkouts 
Currently, the established platforms accepting Dogecoin seem to be these:
I'm trying a tentative summary here to save you some research, but I'd appreciate comments a lot. None of the three have setup or monthly fees (except some optional subscriptions).
GoCoin:
Coinpayments:
You can probably find people who have used one of these in this thread. This guy volunteered his code for automatic currency conversion and his help setting up the plugin for OpenCart, for example!
If you are tech-inclined, you could run your own payment server with dogecoind and an API like this. This is not yet ready for laypeople though, so don't do that unless you want to get messy.
Exchanging Doge to USD/EUGBP/other national currencies 
If you don't have your payment processor do it for you, at some point you will want to get your Doge converted to your currency of choice, which you should do at an exchange. Keep in mind that you will have to get registered and verified at the exchange, which can take up to a week.
Transfers to and from national currency can take a few days, but trading and transferring digital currencies is very fast and usually near-instant. The following exchanges let you trade your Doge for national currency directly (last updated Sep 17):
If your currency is not listed above, you can either sell your Doge here, or exchange them to Bitcoin and then sell those. I find Kraken (EUR, KRW, USD) to be the best option for EUR, but you can sell Doge for BTC on all of the exchanges mentioned above, or choose one from this list. To sell BTC for national currency, you can also go to Justcoin or LocalBitcoins. There are many similar sites - just pick the one you like best!
Things get developed incredibly fast and Dogecoin is not even a year old. This will only get easier, so keep checking back! Justcoin is looking to trade Dogecoin to national currency, and others are sure to follow.
Alright! How do I promote my business now that I accept Dogecoin? 
Note that there's a collection of Dogecoin artwork and assets for you to use in this repository, complete with license information so you can design your promotions and website with it.
1) Submit your business to these directories:
2) If you are a brick-and-mortar store, mark your business on these maps [1, 2]. Post if you have problems!
3) Make a promotion post in one of these subreddits:
You will get views, especially if you offer an interesting product or a Doge-related promotion. Hint: the best promotion is to offer a few % off for all Dogecoin purchases. Also post and comment to this just to discuss your plans and ask your questions. Come talk to us here and in /dogevendors, we are a fun community :)
This post is not updated anymore. Check the thread linked at the top of this post for the newest version. The last big edits were on Aug 4 (DogeAPI, Prelude) and Sep 17 (Updates on exchanges and websites) and Oct 22 (Moolah).
submitted by animeturtles to dogecoin [link] [comments]

www.OnePageX.com

OnePageX.com
OnePageX The Simplest , Fastest & Easiest Cryptocurrency Exchange Ever
OnePageX is a cryptocurrency exchange platform that gives you all the flexibility you want and deserve in one page and few clicks, having multiple cryptocurrency conversions all in one place, with no stress and no logins. With the deposit Limits: 0.0021 to 0.7166 BTC you have no need to worry. I think its right to say, OnePageX is a safe hand.
And Now How To Use OnePageX To use OnePageX follow just this simple steps: 1. Go to the website: https://onepagex.com/ 2. ‎Pick the cryptocurrency to convert from and to. 3. ‎input the destination address you’re withdrawing to. 4. ‎Click start Exchange 5. An address to deposit in pops out on the cardlike box, ‎deposit to the address displayed on the card. And you are done, multiple transactions is allowed. Use it the way you want.
As at 2018, you could do as many transactions for 0% fee haha just simply the best.
Great news for crypto related blog and website owner OnePageX is the perfect Converter for you and your users, a users don't need to leave your web or blog any more, you can simply add OnePageX to Your Website.
How to add OnePageX To Website is just one step: Simply copy and past the snippet code that is available on the OneBox page!widget into your website and youre good to go.
Don't forget you can also now share your transactions with friend on social media Below is a list of some of the assets you can exchange using OnePageX.com Offered Assets Include:
Bitcoin Cash ABC BlockMason Credit Protocol aelf Selfkey NEO Raiden Network Token StableUSD Bitcoin Gold Bluzelle Enigma Komodo Pundi X Republic Protocol TetherUS Dash Binance Coin EnjinCoin KyberNetwork Nuls Augur VeChainThor Ethereum Bancor EOS EthLend Nexus Request Network Viacoin Groestlcoin ETHOS Ethereum Classic ChainLink openANX iExecRLC Viberate Litecoin Bread Everex Loom Network OmiseGO Ravencoin VIBE Steem BitShares Fetch.AI Loopring ONG Siacoin WaBi Monero BitTorrent Etherparty Lisk Ontology Skycoin Wancoin Cardano Blox FunFair Lunyr OST SingularDTV Waves AdEx Celer NeoGas Decentraland Red Pulse Phoenix SONM WePower SingularityNET CyberMiles Golem MATIC Network PIVX Status Walton AION Cindicator GoChain MCO POA Network Storj NEM Ambrosus Civic Gifto Moeda Loyalty Points Po.et Storm Stellar Lumens AppCoins Streamr DATAcoin Genesis Vision Mainframe Polymath Stratis Ripple Ardor Decred GXChain Mithril PowerLedger Syscoin ZCoin Ark DENT HyperCash Monetha Populous Theta Token YOYOW Aeron DigixDAO Holo Metal QuarkChain Time New Bank Horizen AirSwap Agrello ICON NANO QLC Chain Tierion 0x Cosmos district0x INS Ecosystem NAV Coin Quantstamp TRON Bitcoin Cash
Offered Asset Symbols:
BCHABC BCPT ELF KEY NEO RDN USDS BTG BLZ ENG KMD NPXS REN USDT DASH BNB ENJ KNC NULS REP VET ETH BNT EOS LEND NXS REQ VIA GRS BQX ETC LINK OAX RLC VIB LTC BRD EVX LOOM OMG RVN VIBE STEEM BTS FET LRC ONG SC WABI XMR BTT FUEL LSK ONT SKY WAN ADA CDT FUN LUN OST SNGLS WAVES ADX CELR GAS MANA PHX SNM WPR AGI CMT GNT MATIC PIVX SNT WTC AION CND GO MCO POA STORJ XEM AMB CVC GTO MDA POE STORM XLM APPC DATA GVT MFT POLY STRAT XRP ARDR DCR GXS MITH POWR SYS XZC ARK DENT HC MTH PPT THETA YOYO ARN DGD HOT MTL QKC TNB ZEN AST DLT ICX NANO QLC TNT ZRX ATOM DNT INS NAV QSP TRX
BAT DOCK IOST NCASH QTUM TUSD
BCD EDO IOTX NEBL RCN USDC

blockchain #crypto #cryptocurrency #OnePageX #exchange

OnePageX.com
submitted by OGtURc to u/OGtURc [link] [comments]

Cryptocurrency markets challenges and solutions

This has been bugging me for a while so thank you for endulging my rambling. TL;DR at the end.
I'd like for everyone to just think about what we're trying to do here. Don't forget what the ultimate goal is. Anyone remember? Is it to make a profit? No, that's a secondary goal. The primary goal is to develop widespread adoption of cryptocurrency as an alternative to fiat currency. Anyone remember this lofty goal or did we all forget this while chasing 30% daily price swings. We're trying to complete with USD, GBP, EUR, and CNY, remember?
This is EUR vs. USD. You'll note that this is all data (or click on "All" button on the bottom), going back to 1993 through today. What do you notice? You'll notice an open of $1.22 to €1. After a few months, it fell about 10%, then rose up 24% over the next two years only to drop about 40% over seven years and then almost doubling over eight years only to drop about a third in the last ten years to where it is today - almost where we were 25 years ago (approximately).
This is BTC vs. USD. You'll note that this is all data going back to 2011. During the last seven years it has... oh my God are you kidding me?! This is LTC vs. USD.
Let's not forget what we're talking about. We're talking about currency. For currency to be used, it needs to be relatively stable. Now compare the charts above. Let's say we created a new country called Cryptonia. Which of these would you like to use as currency? EUR? BTC? LTC? My money is on EUR. Why? Because it's relatively stable.
Now let's fast forward a bit and pretend that Cryptonia has adopted Litecoin as its official currency. Our largest trading partner is the US. How would transactions between merchants work in this scenario, taking into account the last few days. I'll use the following prices:
Let's run through a transaction:
1/16
1/17
1/18:
Conclusion:
This works both ways as far as you can do the math in USD vs. LTC to see how this screws over at least one party due to the wild price swings. Note: fiat currency does the same thing with one key difference explained later on.
Don't forget that this is all within 3 days. Now sure, obviously the last few days isn't something that happens every day ... but doesn't it? Look at the examples of EUR:USD. Any sharp spikes or drops have taken months to execute - enough time for relative prices to adjust. Look at cryptocurrency prices - the swings (from a percentage basis) are wild on a regular basis. In short, cryptocurrency isn't acting like currency. It's acting like an asset and not just an asset but a highly speculative one. The IRS is right to treat it like an asset because if it looks like an asset, and it acts like an asset, then it is an asset.
Where do I believe this should go? I believe cryptocurrency market needs to mature. I believe these drastic price swings need to stop. When will this happen? I believe it'll happen when the cryptocurrency market reaches a happy plateau where the market cap has reached a point where the buyers and sellers mostly eliminate one another and the relatively large price swings - from a percent point of view - are as boring as Mr. Stein. EUR vs. USD went up 0.03% today. 0.03%. In LTC-speek, that's going up $0.58 for the whole day. Oh and it was a wild ride too. Why it went all the way down to $1.21697 and all the way up to 1.22645. I know, I know - tie me down because I'm out of control.
Is this the only problem? No. Cryptocurrency has another problem and that's the sheer number of types of coins available. How many coins are available? 1,448. Nearly 1,500 coins all competing with each other for market share. We have Bitcoin at about $200b all the way to something like Digital Money Bits (DMB, an appropriate acronym). What is it? Who cares, it's worth $3,832. Not $3.832 billion or million but literally $3,832 with a volume of $35,509 today and hey, just this June, its market cap reached an all time high of $62,000! You missed the recent run-up though and boy did you miss it. On January 1st, its market cap was worth almost five hundred dollars! Yep, about two Litecoins! But look at it now - it went from $500 market cap to $3,832 in less than three weeks. Clearly this one is shooting to the moon.
This is a problem. Decentralization has an unfortunate side effect of - duh - nobody being in charge. There's no real clearance for these and some people with a little bit of money can literally copy and paste a whitepaper and have this chart and have a serious valuation of almost $17b from $140 million in literally 30 days. This doesn't act like a currency either. This is a problem.
Don't forget, this isn't like the dot-com era. We're not launching IPO's and .com companies that have different ideas. Amazon isn't like Ebay, or Google, or Yahoo, or Facebook or anything else. They all have different ideas for different segments of the population. We are in the cryptocurrency market. The world today has 180 fiat currencies. Cryptocurrency market is approaching 1,500. We need to trim the fat and the outright forgeries. Market cap isn't enough to weed them out. There needs to be something, a stabilizing force, that should act as a clearinghouse for launch of new cryptocurrencies. The market has failed to destroy shitcoins. Heck, it rewarded them based on lies, paid endorsements, FOMO, and FUD for other coins. This doesn't help the cryptocurrency market. It helps a few people get really wealthy really quickly and you are left holding the bag, so to speak. Should coins only be allowed to be introduced when its network reaches a certain hash rate? Isn't that the only objective point of value we have - number of mathematical calculations and power used in those calculations? You can't fake that.
What's another problem with cryptocurrency? It's what it represents. The governments don't see crypto as a positive force. After all, it directly competes with their own currencies. Can the governments shut this down? No - this is the Internet, after all. But they can kill it in other ways. I don't know how many people here remember but my first brush with Bitcoin was the ransomware viruses which wanted $300 in Bitcoin to unlock files. Bitcoin was seen as something tied to illegal activities. If governments - and let's say the US, South Korea, and China in particular - ban Bitcoin and cryptocurrencies in particular then what they'll really do is make transactions illegal. What's the on-ramp and off-ramp to/from crypto? The banks which are already regulated. Now let's say you're in the US, your bank account is tied to your Coinbase account and you have some cryptocurrency. US issues a regulation which states that trading cryptocurrency is now illegal. It issues orders to all US banks to shut down related accounts. The following things will happen: cryptocurrency prices will tank and everyone is going to scramble taking money out which would likely overload the system, causing massive delays.
But let's say you're left holding your crypto and it's been a month. What can you do with it? Not much. Crypto isn't accepted in enough places yet. You can continue holding, hoping the price and ability to extract will come back one day. After all, you can't get your money back. Your bank closed your related account. You can open another one at any new bank but they'll either ban you from connecting your account to Coinbase or they'll confiscate any money coming from Coinbase and charge you with a crime. Now have the governments banned crypto? No - you can use and trade crypto all you want since it can't be traced. But have they effectively? Yes. Ironically, it's the banks that'll save us and I think that's why Ripple blew up. After all, if you have a cryptocurrency that sucks the bank's [censored] and plays along, you can get:
I think that's why something like Ripple blew up - because it doesn't care much about regular people, it wants to be the speedy highway for bank<->bank transfers.
What's a solution to this problem? More regulation and playing nice with the governments. Crypto isn't going mainstream if you shut out all governments. It needs to be connected. This means working with regulators to make sure that KYC laws are followed, that people report and pay money on any gains, and that - to a point - there's some supervision and tracing of transactions in a way that if you're robbed, you can get your money back. This will create a new job field, which - considering our current growth - will create a whole slew of high-paying white-collar jobs. Considering the high-level of transactions, banks would start this, followed by private companies, governments, and law-enforcement agencies. A good way to start this is what CBOE and CME have started to do - legitimize the currency. This is a foot in the door to the real holy grail: FOREX markets. When it's legitimized and not in serious competition with governments, it'll be embraced and its availability - along with instant transfers and low fees - will be widely supported by serious platforms.
Until these problems are fixed, the cryptocurrency market will remain what it is today: a speculative asset and not a currency. During the time it's taken me to write this post, Litecoin has gone up 2.6%. Euro remains at 0.03% gain.
Thanks for reading!
TL;DR
submitted by SsurebreC to LitecoinTraders [link] [comments]

[Repost] How to accept Dogecoin with your business, and why. A few pointers.

The original version of this post (see here), cannot be replied to anymore because it has been automatically archived. I am reposting it so I can keep updating and receiving questions on it. Enjoy :)
You are a business owner and sell goods or services. You heard about Dogecoin. You wonder how you can use it in your business. This thread is for you.
If you have no idea what Dogecoin is, read up on it here (click). In short, it is a digital currency that is perfect for everyday use. Read on if you want to know why it would be good for your enterprise.
Why should I accept payments in Dogecoin? 
Dogecoin offers you:
Dogecoin can be exchanged to national currencies. You can do this easily by yourself or use the automatic conversion offered by some payment processors (all is explained further down). You can also just keep your Dogecoin and spend it or offer it to your employees! :)
Dogecoin is fun and it gets ever more useful the more people like you use and accept it. There are other merchants who have gone this path before you - not least Amazon's streaming service Twitch.tv. You can read interviews in this magazine and on this blog. You can also talk with other merchants in /dogevendors, check out these testimonials ([1, 2], 3), search this subreddit and post any questions you have right here!
I want to accept donations. What are my options? 
Just download the client and put up the wallet address up on your page with donation info. Done! That's it! If you want something snazzy, check out this widget.
If you need to track who sent you how much money (for goodies and that), you could ask that donators tell you that they're sending you a very specific amount of coins (e.g. 100.424242), and match it to their name. However, this can be abused as your transaction history is public. If you're actually selling stuff, check out the next section instead.
I sell stuff online. What are my options? 
You have a lot! It boils down to one of these:
The last option can be interesting if you don't have your own web store, are selling digital goods and/or are just selling on as a side business. If your business is your main income, handling payment yourself is probably better.
1) Manually processing transactions
All you need for this is a Dogecoin wallet. You simply generate a payment address for each of your customers, send it to them and confirm that your coins arrived at the address. This is super fast to set up and there is absolutely no commitment.
If you just want to try it out before investing a lot of effort, just set up a wallet (either with the Dogecoin desktop client or an online wallet (listed under Browser "here") and let your customers know that they can now pay with Dogecoin. You can use some of these buttons if you wish( 1 2 3 4 5) and browse this asset repository of useful artwork. The graphical interface is still being developed, but you can browse the files and find license information already :)
2) Automatically processing transactions
Check out the section on APIs and payment processors further down!
3) Selling stuff through a 3rd-party site
There are a number of sites that function a lot like eBay, Etsy and Xmart. You enter your products and they handle the payment and web store stuff. This is most convenient if you have digital goods to sell (music, books...) and want to send them out automatically.
If you are an Etsy user who wants to accept Dogecoin, click here.
I sell from a physical store or location. What are my options? 
All you need is an internet connection in your store and a web-capable device, such as a mobile phone, cheap tablet or a nearby PC. On-site, your customers can send you coins using their phone, or you can sell coupons for your goods online in advance.
DogePos is a point-of-sales app that is open source and Koupah announced that they will accept Doge as well. You can use or apply for all of these tools right now! Either way, all you need is a way to 1) convert a USD price into Doge, and to 2) check that the coins have arrived in your wallet.
To check your wallet balance and Doge prices, you can use the app MyDOGE oniPhones and iPads, and this app on Android devices. This is one of many useful price converter websites you can bookmark. Checking your balance on the PC can be done with the wallet client.
If you want to sell your goods or coupons for them online, it might be easiest use a ready-made stores capable of digital distribution. Check point "3)" in the above section for some options.
Dogecoin payment processors, APIs, checkouts 
Currently, the established platforms accepting Dogecoin seem to be these:
I'm trying a tentative summary here to save you some research, but I'd appreciate comments a lot. None of the three have setup or monthly fees (except some optional subscriptions).
GoCoin:
Snapcard:
Coinpayments:
You can probably find people who have used one of these in this thread. This guy volunteered his code for automatic currency conversion and his help setting up the plugin for OpenCart, for example!
If you are tech-inclined, you could run your own payment server with dogecoind and an API like this. This is not yet ready for laypeople though, so don't do that unless you want to get messy.
Exchanging Doge to USD/EUGBP/other national currencies 
If you don't have your payment processor do it for you, at some point you will want to get your Doge converted to your currency of choice, which you should do at an exchange. Keep in mind that you will have to get registered and verified at the exchange, which can take up to a week.
Transfers to and from national currency can take a few days, but trading and transferring digital currencies is very fast and usually near-instant. The following exchanges let you trade your Doge for national currency directly (last updated Sep 17):
If your currency is not listed above, you can either sell your Doge here, or exchange them to Bitcoin and then sell those. You can sell Doge for BTC on all of the exchanges mentioned above, or choose one from this list. To sell BTC for national currency, you can also go to Justcoin or LocalBitcoins. There are many similar sites - just pick the one you like best!
Things get developed incredibly fast and Dogecoin is not even a year old. This will only get easier, so keep checking back! Justcoin is looking to trade Dogecoin to national currency, and others are sure to follow.
Alright! How do I promote my business now that I accept Dogecoin? 
Note that there's a collection of Dogecoin artwork and assets for you to use in this repository, complete with license information so you can design your promotions and website with it.
1) Submit your business to these directories:
2) If you are a brick-and-mortar store, mark your business on these maps [1, 2]. Post if you have problems!
3) Make a promotion post in one of these subreddits:
You will get views, especially if you offer an interesting product or a Doge-related promotion. Hint: the best promotion is to offer a few % off for all Dogecoin purchases. Also post and comment to this just to discuss your plans and ask your questions. Come talk to us here and in /dogevendors, we are a fun community :)
I'm editing and updating this post regularly. The last big edit to this text was in Apr 2015 (new payment processors).
submitted by animeturtles to dogecoin [link] [comments]

Future Of Human Economics Considered


Though it is early days in terms of quality the release of BinBotPro Review HunterCoin and VoidSpace is an interesting indication of what could be the next evolution for games. MMORPG's are currently being considered as ways to model the outbreak of epidemics as a result of how player's reactions to an unintended plague mirrored recorded hard-to-model aspects of human behaviour to real world outbreaks. It could be surmised that eventually in-game virtual economies could be used as models to test economic theories and develop responses to massive failures based on observations of how players use digital currency with real value. It is also a good test for the functionality and potential applications of digital currencies which have the promise of moving beyond mere vehicles of exchange and into exciting areas of personal digitial ownership for example. In the mean time, players now have the means to translate hours in front of a screen into digital currency and then dollars, sterling, euros or yen.

... It's worth mentioning current exchange rates. It's estimated that a player could comfortably recoup their initial registration fee of 1.005 HunterCoin (HUC) for joining HunterCoin the game in 1 day's play. Currently HUC cannot be exchanged directly to USD, one must convert it into a more established digital currency like Bitcoin. At the time of writing the exchange rate of HUC to Bitcoin (BC) is 0.00001900 while the exchange rate of BC to USD is $384.24. 1 HUC traded to BC and then to USD, before any transaction fees were taken into consideration would equate to... $0.01 USD. This is not to say that as a player becomes more adept that they could not grow their team of virtual CoinHunters and maybe employ a few 'bot' programmes that would automatically play the game under the guise of another player and earn coins for them as well but I think it's safe to say that at the moment even efforts like this might only realistically result in enough change for a daily McDonalds. Unless players are willing to submit to intrusive in-game advertising, share personal data or join a game such as CoinHunter that is built on the Bitcoin blockchain it is improbable that rewards are ever likely to be more than micro-payments for the casual gamer. And maybe this is a good thing, because surely if you get paid for something it stops being a game any more?


Litecoins are a form of cryptocurrency that has grown in popularity in response to the demand for alternative currency options from consumers around the world. This currency works much like standard world currencies. Traders and investors have realized the great potential this currency has to offer, and it is heavily traded by beginning and seasoned investors alike. The best way to get the most out of Litecoin trades is to utilize the services of a Litecoin broker. There are numerous Litecoin brokers available that have excellent reputations for providing their clients with superb service. These brokers will be able to help traders make sound decisions about their investments.

When you hire a good Litecoin broker, they will have numerous tools and resources available to ensure that your trades go smoothly. Perhaps the most used tool by these brokers is the Litecoin news widget. This widget can be fully customized to meet your specific needs. It will give continual updates on cryptocurrency news and other relevant information, so that you will be privy to the latest news developments as they are released on the wires. The following will give insight on what exactly this cryptocurrency is and how it can be used and obtained in addition to trading for it.Litecoins are a form of virtual currency that can be obtained and used to buy and sell various services and products such as jewelry, clothing, food, and electronics. Since this currency is only used online, its value is determined by demand on currency trading websites. This cryptocurrency can be traded, or it can be mined. When mining for the currency, the process can be a daunting task. Computers solved mathematical equations, and they are rewarded as a result. Nearly any good computer can mine for the currency, but statistically the odds of success are low and it can take days just to earn a couple of coins.

https://asrightasrain.co/binbotpro-review/

submitted by shiralinnea12 to u/shiralinnea12 [link] [comments]

Live Bitcoin/Ethereum Price Widget

Hello guys,
my first little project just got finished and I'd like to show it to you guys to brag and to ask for any advice how to streamline the code.
The project
Using Tasker and Zooper, I have created a widget which allows me to see the live Bitcoin and Ethereum price in USD as well as EUR. The view can be changed simply by tapping on the desired value. Also, the price change over the last 24h and 7d respectively is shown.
How I did it
First of all, I looked at different APIs and ultimately decided to go with api.coinmarketcap.com because I could pull BTC as well as ETH from one file. There was no way for me to get both the values for USD as well as EUR in one file though, so that made some things more complicated. Then, I created an HTTP Get action which downloads that file from the API. It gets saved as a variable called %usd. I couldn't use %HTTPD because I need to get the values for EUR as well and %HTTPD can obviously only store one dataset. Now, the fun starts. Using JavaScriptlet, I extract the important information out of the API data. I have five JavaScriptlet actions in my task. One is for USD, one is for EUR, one for the time when it was updated, one for the 24h change and one for the 7d change. I then convert the time when it was last updated to Long Date Format because that's what's ultimately shown in the widget below the price. Now, we push all the values we collected in Tasker to Zooper using the built-in Zooper Widget Pro Variable action. Again, five of those for all the different values. This whole process has to be done twice because this was just for Bitcoin and the same thing applies to Ethereum. Luckily I used this API because that way all I had to do was change the JavaScriptlet actions to get the Ethereum values instead of the Bitcoin values and rename all the variables. In Zooper, I first created a rough outline how the widget should look - the background color of the widget is the same as my Google search bar (not visible in the screen shot). Then I populated the empty text boxes in the widget with the variables I declared within Tasker earlier. Now, the switching mechanism needed to be done. For this, I created four tasks in Tasker, two of which set BTC or ETH and the other two set USD or EUR as Zooper variables. I then use these variables to declare conditional statements in Zooper - if the currency is set to USD, display the price in USD, otherwise in EUR. Simple if-statements. In the end, it took me about 13 hours to code this whole thing and 3 more before that for research and searching for the right API. All in all, I'm very happy with the result and I use it on a daily basis.
submitted by Morphior to tasker [link] [comments]

Bitcoin needs a futures market just as much as it needs a distributed exchange

TLDabstract: merchants need a way to hedge bitcoin inventory to avoid having to endlessly transact tiny amounts sent by customers to avoid the volatile exchange rate. This solution already exists, it's called a futures contract. I think this is just as important as all the concerns over the quality of the currency exchange we now have.
OK here's a quick overview of the idea of a futures market for those not in the know; if you are, just skip down a couple of paragraphs.
I should preface all this by saying I am not an expert in futures, so if anyone wants to correct any details that's great.
Futures markets originated as a solution for sellers of agricultural produce, e.g. corn. First, what problem are futures designed to solve: if you are a producer of corn (farmer), you can encounter the following scenario. In year 1, you plant X acres and find that the market price is very high, $Y, when you go to sell your corn at the market (due to some unexpected bad weather). You're happy because you make a good profit that year. Next year, you plant more crops, requiring more investment, but that's fine, because the profits will be good. Unfortunately due to unexpectedly huge supply and surprisingly little bad weather (weather is always a total wildcard, even today we can't predict it more than a few days out), the price is now $Y/2 and we already spent, say, an extra $Y/4 this year on extra planting 2X crops(OK, I don't know about farming, so sue me). You lose a ton of money. Maybe if you were very careful, you can anticipate this kind of swing in fortunes, but that's really tough to do.
So there's the problem. What's the idea of futures? It's simply this: at the very time you decide how much crop to plant, LOCK IN the CURRENT BEST GUESS of the what the price of the corn will be when you deliver it to market. If the price then soars, it's true you've lost out on an opportunity to make a bundle, but equally if the price plummets, you still got a decent price, so you have avoided trouble. Notice how in this way it feels a bit similar to insurance, but also notice that it absolutely is not the same structure as an insurance contract, which has a completely asymmetric payoff. Futures are more like direct buying and selling, with a time offset, but insurance (and lotteries, and options) have an additional component of asymmetry (big potential reward and low potential loss or vice versa, with compensating probabilities).
So after the intro, why do I say this is very important? Because the problem faced by the online merchant currently thinking about offering the bitcoin payment method is basically exactly the same, just with one additional layer. Merchant M wants to sell widget W to the general public over the internet, but he doesn't want to pay bank/paypal etc. fees. Customer C wants very much to buy W from M, and would prefer the elegance of bitcoin payment also.
M investigates and finds that he can try to remove the volatility of bitcoin from the equation by using a payment processor like bitpay so the price is always effectively in the more stable USD (or EUR or whatever). But M plans on having thousands of customers and perhaps 10s or 100s of transactions each day. He thinks a little and realises that bitpay is not enough. Each day he will be storing an INVENTORY of bitcoins. He can't immediately convert all his bitcoins received to USD, not just because exchanges are flaky but because to do that quickly will involve paying exchange rate spreads and transaction fees. To fulfil the promise of bitcoins - very low cost monetary exchange over the internet - he needs to keep his BTC-USD transfers to a reasonably low frequency. But keeping an inventory of BTC exposes him to large fluctuations in the value of BTC over time. And he doesn't want that because his business is selling Ws, not currency speculation.
The BTC/fiat futures contract solves that problem for him in exactly the same way as the Corn/fiat futures contract (which you can find today on CME under code ZC IIRC) does for farmers.
He goes out and sells X units of BTC/USD (not spot, not actually selling BTC, but selling the futures contract), expiring in 1 month let's say, where X is his estimate of his built up inventory. The contract says that the seller is obliged to deliver to the owner, on the date of expiration, the denoted amount of bitcoins for USD at the agreed price.
Here is a concrete example in case it isn't clear: M expects to receive 1000 bitcoins from customers over the next month. Today is 1 May and he therefore sells 1000 units of the BTCUSD contract expiring 31 May. Note that the price of that contract may turn out to be a little different than the current "spot" (actual) price of the bitcoins bought RIGHT NOW at an exchange (this differs for different futures markets, it would have to be thought about for BTC, I guess there may be no difference at all actually). The important point is that by doing this he is not speculating on BTC prices - just the opposite, he's hedging them; if BTC goes up during the month, he loses money on his futures contract, but he gains just as much on his inventory. If BTC goes down, vice versa.
Last, very important point: all of this DOES require functional BTC/USD exchange (it can still be a bit laggy, slow and even can be a bit expensive in transaction fees - that's OK, because this model reduces the frequency of transactions dramatically). But we still need exchange prices to set as a REFERENCE price for the expiration of the futures contract. E.g. the futures contract will be settled on May 31 00:00:00 USING THE BEST BID/OFFER available from the following list of exchanges: MtGox, bitstamp, campbx etc. (the wording can vary according to what people agree on).
So finally I agree that distributed exchange is really necessary - let's not forget that something very similar already exists in the stock market, where a bunch of different exchanges are competing in a quasi-free market for order flow (heck, they sometimes even PAY traders to make orders, i.e. negative transaction costs...). But good exchanges will not solve the merchants problem. He needs to hedge.
submitted by waxwing to Bitcoin [link] [comments]

ARAW :e-Commerce trading based on Ethereum Blockchain

ARAW :e-Commerce trading based on Ethereum Blockchain
https://preview.redd.it/369aj23pwqq11.jpg?width=1200&format=pjpg&auto=webp&s=3e61d201e9219e47c04dd90fbf3f85920ac9bb7c
he Araw Platform is aiming to contribute to the global Blockchain User Adoption across regular people by intuitive and seamless integration of vastly used E-Commerce channel with the Decentralised Payment.
The Araw platform addresses fundamental problems in the e-commerce and cryptocurrency economies. Firstly, retailers online and offline offer restrictive reward systems bundled with their services — they are often of little value to the consumer given their limited nature. Reward systems in commerce as a whole are underutilised due to the lack of technological investment. Coincidentally, many companies find it difficult to provide attractive reward schemes as they risk undervaluing their services. The ‘Unified Reward System’ allows service providers to become an ARAW token distributor, allowing them to control the format of their reward plans. The ARAW token now acts as more than a simple reward point — as it is utilised and redeemable across all of ARAW’s ecosystem participants. Additionally, owners of ARAW are able to convert their tokens into fiat currencies via ARAW mobile wallet & take cashback to their associated bank account. Secondly, the complex barrier to entry into the cryptocurrency market limits the potential value of the crypto market as a whole. The technologies surrounding ARAW are strategically built for the platform to support a ‘Unified Reward System’ — ensuring ease of adoption and maximising consumer outreach. While the ‘Unified Reward System’ makes it possible to standardise reward tokens across industries, the ARAW token will also allow regular customers to have a stake in the rapidly expanding cryptocurrency world — benefiting all parties involved. The key factors include the ease of adoption for the customer as reward schemes are already common.

Specifics ARAW:

-CHALLENGES + Araw Pay — accept online payments with a click of button + Araw Touch & Pay Card — enabling instore micropayments +Transparent ecosystem to increase adoption rate +Increase the ARAW token adoption by merchants +Unified reward system enabled e-commerce ecosystem
-APPROACH
+Design and implement Araw Pay online widget that can be plug and play on any websites +Easily redeemable rewards and rapid cash in will encourage customers to use ARAW card for all their shopping needs. +Intuitive user interfaces making it feel like second nature thus user do not notice the advance technology that power purchases and rewards system. +Targeted and specialist resource dedicated to merchant on-boarding and support to ensure every client campaign is a success. +Specific campaign management assistance to help clients maximise adoption rates.
-OBJECTIVES
+Provide end-to-end solutions for E-Commerce Marketplace, Touch & Pay Cryptocurrency Card, Online Cryptocurrency Payment, and Unified Reward System powered by the Ethereum Blockchain regulated by the ARAW token +Create a Consumers driven floating ecosystem +Create a Transparent ecosystem that can be used by regular customers across the world; and hence, increase the adoption rate of the ARAW token, the Blockchain based cryptocurrency
https://preview.redd.it/8cjyclvcwqq11.png?width=795&format=png&auto=webp&s=c5e4033f227094ac98b943b8ea5690d436573f62

Information about the Token:

Ticker — ARAW Token type — ERC20ICO token price — 1 ARAW = $0.01 Total tokens — 5,000,000,000 Available for token sale — 3,500,000,000 (70%) Whitelist — YES (15 MAY — 30 JUNE ) Know Your Customer (KYC) — YES Pre-sale start date — 1 JULY Public sale start date — 10th September Soft cap — 2,000,000 USD Hard cap — 25,000,000 USD Accepts — ETH

Token Distribution:


https://preview.redd.it/513k7nigwqq11.png?width=800&format=png&auto=webp&s=f89e583122893e2834b22c702f8a97ea9db44cbc

complete information:

Website: https://arawtoken.io Platform MVP — https://demo.arawtoken.io/ Airdrop — https://airdrop.arawtoken.io/ Twitter: https://twitter.com/arawtoken Medium blog: https://medium.com/@TheARAWToken BitcoinTalk — https://bitcointalk.org/index.php?topic=3497194.msg36162340#msg36162340 Reddit — https://www.reddit.com/usearawtoken Whitepaper — https://arawtoken.io/assets/araw_whitepaper.pdf?v1.8
Myprofile ANN: https://bitcointalk.org/index.php?action=profile;u=1931085
submitted by Bandugan to u/Bandugan [link] [comments]

ARAW :e-Commerce trading based on Ethereum Blockchain

ARAW :e-Commerce trading based on Ethereum Blockchain
The Araw Platform is aiming to contribute to the global Blockchain User Adoption across regular people by intuitive and seamless integration of vastly used E-Commerce channel with the Decentralised Payment.
The Araw platform addresses fundamental problems in the e-commerce and cryptocurrency economies. Firstly, retailers online and offline offer restrictive reward systems bundled with their services — they are often of little value to the consumer given their limited nature. Reward systems in commerce as a whole are underutilised due to the lack of technological investment. Coincidentally, many companies find it difficult to provide attractive reward schemes as they risk undervaluing their services. The ‘Unified Reward System’ allows service providers to become an ARAW token distributor, allowing them to control the format of their reward plans. The ARAW token now acts as more than a simple reward point — as it is utilised and redeemable across all of ARAW’s ecosystem participants. Additionally, owners of ARAW are able to convert their tokens into fiat currencies via ARAW mobile wallet & take cashback to their associated bank account. Secondly, the complex barrier to entry into the cryptocurrency market limits the potential value of the crypto market as a whole. The technologies surrounding ARAW are strategically built for the platform to support a ‘Unified Reward System’ — ensuring ease of adoption and maximising consumer outreach. While the ‘Unified Reward System’ makes it possible to standardise reward tokens across industries, the ARAW token will also allow regular customers to have a stake in the rapidly expanding cryptocurrency world — benefiting all parties involved. The key factors include the ease of adoption for the customer as reward schemes are already common.

Specifics ARAW:

-CHALLENGES + Araw Pay — accept online payments with a click of button + Araw Touch & Pay Card — enabling instore micropayments +Transparent ecosystem to increase adoption rate +Increase the ARAW token adoption by merchants +Unified reward system enabled e-commerce ecosystem
-APPROACH
+Design and implement Araw Pay online widget that can be plug and play on any websites +Easily redeemable rewards and rapid cash in will encourage customers to use ARAW card for all their shopping needs. +Intuitive user interfaces making it feel like second nature thus user do not notice the advance technology that power purchases and rewards system. +Targeted and specialist resource dedicated to merchant on-boarding and support to ensure every client campaign is a success. +Specific campaign management assistance to help clients maximise adoption rates.
-OBJECTIVES
+Provide end-to-end solutions for E-Commerce Marketplace, Touch & Pay Cryptocurrency Card, Online Cryptocurrency Payment, and Unified Reward System powered by the Ethereum Blockchain regulated by the ARAW token +Create a Consumers driven floating ecosystem +Create a Transparent ecosystem that can be used by regular customers across the world; and hence, increase the adoption rate of the ARAW token, the Blockchain based cryptocurrency

Information about the Token:

Ticker — ARAW Token type — ERC20ICO token price — 1 ARAW = $0.01 Total tokens — 5,000,000,000 Available for token sale — 3,500,000,000 (70%) Whitelist — YES (15 MAY — 30 JUNE ) Know Your Customer (KYC) — YES Pre-sale start date — 1 JULY Public sale start date — 10th September Soft cap — 2,000,000 USD Hard cap — 25,000,000 USD Accepts — ETH

Token Distribution:


complete information:

Website: https://arawtoken.io Platform MVP — https://demo.arawtoken.io/ Airdrop — https://airdrop.arawtoken.io/ Twitter: https://twitter.com/arawtoken Medium blog: https://medium.com/@TheARAWToken BitcoinTalk — https://bitcointalk.org/index.php?topic=3497194.msg36162340#msg36162340 Reddit — https://www.reddit.com/usearawtoken Whitepaper — https://arawtoken.io/assets/araw_whitepaper.pdf?v1.8
Myprofile ANN: https://bitcointalk.org/index.php?action=profile;u=1931085
submitted by Bandugan to u/Bandugan [link] [comments]

Tutorial - Building Bitcoin Websites - Create a BTC/USD Converter 1 of 2 Building Bitcoin Websites - YouTube How do convert XYO coins into BITCOIN! - YouTube How to Sell Bitcoin & Withdraw on Blockchain.com 2020 ... How to sell bitcoin on cex.io - YouTube

he CoinDesk Bitcoin Calculator converts bitcoin into any world currency using the Bitcoin Price Index, including USD, GBP, EUR, CNY, JPY, and more. Bitcoin; volume and transparent volumeBitcoin; all-time highBTC; market capCopy the JavaScript/iframe embed code below to place this simple ticker on any web page that you control. Good locations for this. Bitcoin widget are your project home page or WordPress blog.By default, this widget displays live charts and prices based on. BTC to USD ... Bitcoin Widgets / Crypto Price Widgets Display bitcoin price or multiple virtual cryptocurrency coins like ethereum price, ripple price on your website using our label, card bitcoin widget anywhere with our embedded code. Try our Bitcoin price widget, Bitcoin chart widget, Ethereum price widget, Ethereum chart widget, and more. 🔥 Out Now 🔥 We've just published the CoinGecko Q3 2020 Crypto Report! Yield farming, the NFT trend and so much more 🔎 EN . Language. English Deutsch Español Français Italiano język polski Limba română Magyar nyelv Nederlands Português Svenska. Tiếng việt Türkçe ... XE Currency Converter: 1 USD to XBT = 0.0000955672 Bitcoins. Amount. From. USD US Dollar. To. XBT Bitcoin. 1 USD = 0.0000955672 XBT. 1 XBT = 10,463.84 USD. 1 USD = 0.0000955672 XBT. US Dollar to Bitcoin Conversion. Last updated: 2020-10-02 12:47 UTC. All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. Want to send money? Try XE ...

[index] [50429] [4196] [16029] [30062] [33033] [37801] [25313] [6040] [45130] [43349]

Tutorial - Building Bitcoin Websites - Create a BTC/USD Converter 1 of 2

how to exchange dollar to bitcoin on payeer account, How to invest $10 get $30 in 20 day, How to make, money online Help to subscribe to my channel help click on like Thanks you for following me ... In this video, I show you how to sell your bitcoin or other cryptocurrencies from your Blockchain account and how to withdraw your funds into your bank. If y... Tutorial - Building Bitcoin Websites - Create a BTC/USD Converter 2 of 2 by m1xolyd1an. 4:58. Tutorial - Building Bitcoin Websites - Live Charts by m1xolyd1an. 10:48. Building Bitcoin Websites ... currency converter app btc to usd exact btc to usd 0.01 btc to usd.0024 btc to usd simple bitcoin calculator coinbase Popular Cryptocurrency Conversions BTC to USD BTC to AUD BTC to BRL BTC to CNY ... Tutorial - Building Bitcoin Websites - Create a BTC/USD Converter 1 of 2 m1xolyd1an. Loading... Unsubscribe from m1xolyd1an? Cancel Unsubscribe. Working... Subscribe Subscribed Unsubscribe 10.1K ...

#