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BEST SITES TO BUY BITCOINS WITH CREDIT CARDS

Posted on March 20, 2020 by Tim Harris

Even a novice to the cryptocurrency world can use credit card as a head start into the trading world. The demand for Bitcoins is topping its own charts time and again. It is giving endless opportunities for platforms to emerge and evolve. Every platform has only one goal to achieve, ‘EASE and SPEED’

The platforms hence offer various payment methods and exchange methods to attract users. Below are some of the best ways you can buy Bitcoins through your debit or credit card.

Switchere

It is one of the top and most recommended platforms for the trading and buying of not only bitcoins but also other altcoins. Switchere enables payments only through debit and credit cards. The platform is highly secure and stable.

This platform also uses the intuitive user interface which makes it easier for the novice users to get used to trade bitcoins easily. There are a lot of advanced features for regular traders to give them a total control over their process. The access is excellent. The platform is free of charge, that means, it does not charge any additional fee.

Switchere uses a 2FA and SSL/TLS encryption which is military grade. It is the best online protection that a site could offer. The algorithm used by this device is SHA-256 hash which is cryptographic. It acts as an extra protection for your device.

If you are not a verified user, then you can make purchases up to $110 Bitcoins. But if you become a verified user then your purchase limit will be raised to $550. Once you have verified your Bank details an other documents, you can push your purchase limits to $1100.

Coinbase

Coinbase has been titled as the largest bitcoin trading platform. It comes with the option of various payment methods and also supports the purchase of bitcoins through debit card and credit cards.

Its security arrangements are, no doubt, very advanced. Coinbase also uses an intuitive user interface. The site is very easy to use for novice traders and is one of the most advanced platforms for professional investors.

Coinbase charges 1.49% – 3.99% as fees. If you are purchasing through a credit card, then the fee will be increased to 3.75%.

The site will allow you to use its features only if you are a verified user. Proper ID verification is a must. Coinbase uses AES-256 encryption for all its routing.

CoinMama

How to buy bitcoin? Coinmama only permits transactions through Credit cards. However, there are no limits to the purchases. The investor can purchase coins without any verification. The daily purchase limit is 5000 dollars.

Coinmama does not charge a deposit fee. But a regular fee of 6.75% on the overall transactions is charged to and by the bank. Another additional charge of using credit card (5%) is charged. Simplex is used to process all the card transactions on this site. The fee will be chared directly to your bank account.

The purchasing limits will be decided on how verified the user is. once you update your phone number, ZIP code and city, you will be able to push your purchase level to $150. If you update photos proving the transaction then your purchasing power will go to $10,000.

CEX.IO

CEX.IO is not only a trading exchange but also a platform where you could mine coins. It offers a variety of cryptocurrency. The user interface is smooth and uses effortless and straightforward verification process.

The fee charged by CEX.IO is slightly expensive when compared to other sites. There are various options for the purchasing and selling limits. There are basic, verified, verified plus and corporate accounts. The payment methods include VISA and MASTERCARD. While paying with credit card, the user will have to verify your card, and identity along with your CVV number.

While withdrawing funds, verification is an important factor that the site needs green signals from. SSL security technology is used by the site along with a two factor authorization.

Coinhouse

Developed in Paris, the site is a bitcoin platform. The platform can be accessed all over Europe. It offers instant transactions with credit cards. The interface is made for new users. The transaction of bitcoins can be purchased up to 10,000 EUR per month.

Coinhouse exchange uses the KYC method to verify your identity. The user will have to update its phone number and address proof to ensure security and privacy.

Even though users feel the risk while buying bitcoins, it cannot be ignored that huge rewards will involve huge risks. Blockchain and bitcoin technology is used extensively. The competition of sites and platforms are increasing day by day introducing complex as well as easy methods to buy bitcoins. …

LITECOINS VS RIPPLES- THE BATTLE OF ALTCOINS

Posted on March 20, 2020 by Tim Harris

In case of alternative coins other than Bitcoin people and Litecoin are perhaps one of the top coins in the industry. However which is better? Which one is expected to grow faster and which is a better investment? Cryptocurrency and altcoin investors are always on the outlook for the new investments. The Litecoin vs. Ripple debate is creating serious discussion among cryptocurrency enthusiasts and investors.

Fast as an investor you should learn the pros and cons of both the coins. Name is seen very similar but there are many differences. Litecoin was created in 2011 and was introduced in the market as an improvement of Bitcoin. It was meant to execute faster transactions at a lower fee. Since then it has remained one of the leading crypto coins globally regarding the market cap. Also mining with Litecoin is more affordable than mining in bitcoins.

Please open source peer to peer cryptocurrency offers the uses more opportunities. As it is Litecoin is usable for everyday transactions. As for mining GPU are used for mining Litecoin efficiently. There is a SegWit an anti spam filter to maintain the blockchain size that can be kept limited. The community using the Litecoin indulges in high quality of interaction which made it a popular cryptocurrency among users. The Reason why Bitcoin is so popular is because the synonyms with cryptocurrencies.

Is Bitcoin improves its scalability and transaction speed this means that it will also come forward as a more improve cryptocurrency which is even better than light coin. The market has changed drastically over the years and it is even harder to decide which currency to invest in.

As for ripple, it is widely known as a digital payment protocol other than being a cryptocurrency. It was on a decentralized platform that enables different kinds of money transfer from its peer to peer open source network. One of the biggest advantages of this is it can work with various fiat or cryptocurrency. It is a more known name in the cryptocurrency world. It has become a tool for trade for real banks and financial institution.

It has a faster transaction time and the transaction fee is also pretty low. Ripple’s XRP, this has a popular cross border payment format similar to Moneygram, SWIFT and Western Union. Cryptocurrency is meant to be decentralized however people has gone against the games and owns over 50% of the entire XRP coin supply. As it is it can have an adverse effect on ripple’s price predictability. It requires validated participation to give transaction verification.

Ripple’s consensus ledger is also dissimilar from what is used as cryptocurrency standards for this reason. Traditional long term goal and the only goal are to promote its money transfer technology. Therefore ripple don’t play according into the rules of traditional cryptos. Even though this is a trusted bank and financial institution for cheaper transaction it still has certain major drawbacks to it. Ripplenet was created by threat to interconnect payment providers. Even at present it is a highly valued token in the crypto market which has the high scalability that can be modified to relate in the market trends. Even after the price crash in the crypto currency prices ripple is still alive and continues to slowly climb up the ladder.

At the end of the day ripple has only one function and is regularly updated to ensure simple fast secure cross-border transaction. On the other hand Litecoin have many features and was created as a competitor for Bitcoin. Ripple is the favorite of larger banks and financial institutions for affordable cross-border transaction why ordinary people like to use Litecoin for a daily basis transaction…

How to buy altcoins future trading coins

Posted on March 20, 2020July 27, 2020 by Tim Harris

Blockchain is definitely making its mark in the world out there. There are so many promising blockchain projects emerging all over the world. You can diversify yourself by investing in coinbase coins or digital currencies. It is recommended that you buy small coins rather than large crypto currency coins such as bitcoins as the potential rewards on the smaller coins are significantly higher than the large coins. But if you are new to crypto currency and blockchain technology you can find it a little bit tricky to find your way around this sector. In this article we will see how you can exchange or trade your altcoins.

First step, you need to keep in mind safety is all that can make your investment worth it. Always make sure that your private information doesn’t get revealed in any public gateway. You can also do with some additional level of security beyond your regular password.

Then you need to find how you are going to make way for your fiat currency to enter this market. One of the easiest ways is to deposit your fiat from a bank account into the coinbase USD wallet. It is recommended to connect a bank account as coinbase have certain issues while it is dealing with card payments. This method can take some time as you can only after your money has been deposited and transferred into the bank. You can also directly buy them from the coinbase. It just charges you 1.5% fee but it is predicted that the prices will go down significantly in the coming days.

Once you have received your coins you can transfer this into GTAX.GTAX does not charge any transaction fees for buying or selling if you use limit orders. It also covers any transaction network fees when withdrawing. You need to make sure you make a limit by order somewhere close to the current market price to buy the coins using your fiat. This way it will make it much quicker. Next, once you have purchased your coins you can transfer it to an exchange that has the alternative coins you want. There are centralized exchanges like Binance which all runs on blockchain infrastructures.

Next you have to make an account on your preferred site and find your address for which coins you are transferring in. you need to be very careful when doing this and use the right coins address. There is a chance that you will lose your coins if you do it in a wrong manner. Platforms such as Binance allow you to save money on the fees on exchanges. It will be automatically deducted when you make trades. And finally you can buy your Altcoins. Once you have paired it with the coins you want to buy you are going to enter the market in which you can trade with BTC future contracts. You can also store them in your wallet which is highly recommended.

You also need to take a look that you are using the correct type of wallet. If you fail to do so there are chances that you will be losing your coins. Commonly Ethereum wallet is much popular among the public and it holds the majority of the coins. However do remember that buying, trading and exchanging digital money can be a tricky job for a newcomer. You are advised to do your own research and look into things wisely to avoid any mistakes. Do remember that the altcoins market can give you extremely high returns even with minimal starting capitals if you know your way with the market.…

How to invest in Ethereum futures

Posted on March 20, 2020 by Tim Harris

After the success of Bitcoin last year Ethereum has emerged as a popular cryptocurrency alternative this is the second largest cryptocurrency around the world after Bitcoin. In the last few years it has been adopted by many companies and startups as a way of transaction and more.

As for Ethereum, it has both the intrinsic and industrial value. Of course some risk in investing Ethereum full stop but this risk is not only limited to one cryptocurrency only. Bitcoin or any other alternative currency that is involved is always there. The first thing you want to look into before investing in Ethereum is a digital wallet. Like a traditional wallet these wallets are used to store your digital currencies. Unlike Bitcoin Ethereum uses the blockchain technology to allow the creation of applications which can be executed in the cloud. These are design to protect users from maculation and much more. Now if you are interested in investing in Ethereum, you can’t go to your online discount broker and buy it for Star all you have to do is convert it into your wallet. If you want to exchange with fiat currency you can exchange time on a few crypto broker exchanges. All you have to do a sign up and confirm your identity before depositing your funds into the account for purchasing your Ether. You can even send it from your broker exchange wallet to your broker wallet using the wallet’s public key.

For this you can use Coinbase as a digital wallet as this platform is incredibly easy to use even for beginners. Physics changes are highly professional and you can use your bank card or credit cards to deposit cash from crypto. This exchanger also more secure than other exchanges. However you will need to get a high transaction fee as well.

You can also own some cryptocurrency and convert it into Ether as well. If you are on coins such as Bitcoin you can exchange them using a centralized trade and pay a small amount for transaction fee. Platforms such as OKEX, Binance and GDEX are some among them. However, the major drawback of these exchanges is that you don’t own your private key to exchange your wallet. Also you cannot buy or withdraw cash.

You should remember that the entire cryptocurrency industry is very new and still has scopes for growing. Ether for one is one of the few coins that are used by ICOs. Basically means that it acts as a launch pad for new tokens. This feature alone makes it a very valuable platform for the whole cryptocurrency community.

At the end of the day it is entirely of to use want to invest in Ethereum at all. It is considered as a good investment by many investors. There are a lot of good ICOs stepping up that are using the Ethereum blockchain. This way we will see proof of stake being implemented very soon. However you should remember that a cryptocurrency market is a very volatile one and you should plan your ways very strategically to avoid any mistakes. You are solely responsible for your own money and Investments and it is advised that it is better to speak with the financial advisor of professional before committing to any Investments. Also don’t make investments you can’t afford. If you invest less the chances are that you will lose less as well.…