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XEM And The Symbol Launch: What You Need To Know

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Boost Your Personal and Business Cashflow on the Blockchain With Merchant Cash Advance

The idea behind a Merchant Cash Advance is designed in such a way as to make it possible for business borrowers to enjoy an upfront facility to ease their cash flow pressures and overcome cash constraints. Technically, it cannot be graded like another small business loan but appropriately, it is best described as an advance granted based on your credit card sales. Common Terms for Merchant Cash Advance Merchant Cash Advance is also described as Merchant Cash Advances, Same Day Small Business Financing or Merchant Cash Advance Loans. The other descriptions include Business Cash Advances, Unsecured Business Loans, No Interest Merchant Loans and Merchant Cash Financing. Merchant Cash Advance Loans, Merchant Money Advancement Business Cash Advance or Unsecured Business Loans are some of the other names applicable. How is Merchant Cash Advance Determined? In considering how MCAs work, it is important as a business owner that you understand that the rates charged are really

Why Cryptocurrency Exchanges Make Money

The past decades have seen intense digitalization of many processes which were normally conducted physically, in person. This trend is expected to continue for a decent amount of time, engulfing all of our physical work into the digital realm of computers and machines. In that particular respect, another faction of our life that is soon expected to be engulfed by the digital and online realm is the concept of banking and money. The past decade has seen an exponential rise in the presence of virtual and cryptocurrencies on the global and virtual market. This can be a credit to several features, such as an overall sense of safety or the reduction of physical engagement hours. After all, who would want to wait hours on end to deposit their money? The solution to such predicaments was the conception of money that existed solely on the World Wide Web and can be redeemed for ‘actual’ money or purchase in the form of credit exchange. However, it is an interesting prospect if one con

9 Amazing Bitcoin Facts That Will Blow Your Mind Like the Genie of Houdini

Bitcoin is a consensus network that enables a new payment system and completely digital money transfer. It’s an open source peer-to-peer electronic money and payment network introduced in 2009 by pseudonymous developer ‘Satoshi Nakamoto’. Bitcoin uses cryptography to enable transactions hence it’s called a cryptocurrency. Signed payment messages are broadcasted to and verified by a decentralized network of computers daily all over the world. Double spending is a problem for digital currencies that have been now been avoided with the innovative Blockchain solution undergirding Bitcoin. Bitcoin made it possible in a very easy way to transfer valuables and it also allows you to be in control of your money. Facts On Bitcoins As a new user, you can get started with Bitcoin without understanding the technical details. • Once you have installed a Bitcoin wallet on your computer or mobile phone, it will generate your first Bitcoin address and you can create more when needed

The World of Coinmama Cryptocurrency Exchange

As with most crypto exchanges, Coinmama comes to the scene with a selling point. This might not be unique, but discernible. It is best known for accepting credit card payments when buying bitcoin or ethereum. Like Coinmama, eToro has a dedicated cryptocurrency exchange (although it only debuted recently – 6 years after Coinmama) and eToro as a platform functions as a broker rather than a direct exchange. Other crypto projects Besides its founder having worked on installing the first Bitcoin ATM in Israel, Coinmama mostly keeps its operations to the exchange itself. Coinmama doesn’t have its own cryptocurrency, neither stable currency nor variable, it doesn’t have its own blockchain, and it hasn’t so far involved itself with ICOs or IEOs. What you see is pretty much what you get, although this might change under new leadership. The only project that could be considered different from what other exchanges offer is a referral program that gives its partici

DAI Vs USDT: Place Your Bet

DAI and USDT are two of the leading stablecoins that are presently available in the cryptocurrency marketplace. USDT was launched as the pioneer stablecoin in November 2017 and immediately gained some traction in the crypto sphere. It today holds the 10th position on the list of the 20 most traded cryptocurrencies. DAI, on the other hand, is placed 150 on the list of the Top 200 cryptocurrencies by market cap and was launched early in 2017 Q4. Technology Tether runs on the Omni Layer Protocol of the Bitcoin blockchain. It has now developed Ethereum blockchain compatibility and its ERC20 tokens have a market supply of 3,080,109,502 USDT. DAI is issued by the MakerDAO Ethereum smart contract when a user sends in the required ETH to back up the expected USD. It has 53, 390,150 tokens in circulation. Tether and DAI cannot be mined as they are non-mineable tokens. Reserve Backing Tether is backed up by fiat currency, and this explains its rating as an equivalent to the USD.

What You Must Know About Ripple XRP

If you’ve not been an avid reader about cryptocurrencies, then it’s possible you don’t know much about Ripple XRP. The biggies and oldies, that is Bitcoin and Ethereum, have been taking up almost all the space in the cryptocurrency scene. But if you’re looking to be strategically positioned and be a part of the future of cryptocurrency, Ripple XRP is something you should pay attention to. Ripple stands out for the following reasons: Stellar Performance 2017 was a very interesting period as far as cryptocurrencies were concerned. We saw the major coins, Bitcoin and Ethereum, and others (including Ripple XRP) rise steadily throughout the year, eventually hitting astronomical highs towards December. Everyone was excited, more people poured in dollars as investments and we all dared to hope that the Bull Run would continue. Then towards the tail end of the year, the trends changed and the prices of almost all cryptocurrencies took an unexpected dip. All except Ripple XRP. X

Crypto Exchange JEX Acquired by Binance

Binance has recently announced its acquisition of the crypto exchange JEX, in order to boost its crypto derivatives offerings. However, no terms and conditions of the acquisition deal have been disclosed. JEX provides spot and derivatives trading in cryptocurrencies like bitcoin, and has its own token, also called JEX. Binance intends to distribute these tokens initially through marketing and providing community incentives. Then it projects that it will claw back and burn the tokens through means like trading commission. Yi He, the cofounder of Binance, declared that the seasoned developer team of JEX has developed suitable derivatives product offering in the past that are aligned with the product roadmap of Binance in the crypto asset derivatives market. An Expanding Empire Binance is expanding so rapidly that it is perhaps the most invested company in the blockchain space today. Just a few weeks ago, the company announced plans to launch a stablecoins. Apart fr

These Are 5 Lessons to Learn about the Financial Marketplace and Crypto from the Lingering COVID-19 Outbreak

The advent of COVID-19, since late December last year, led to a series of unfolding events in the global economy. The global lockdown employed to curb its spread has also led to the loss of millions of jobs, reduced production, low money flux, and a big bad hit on the financial sector. The conventional finance sector is on a downturn with many investors responding by selling off their shares to either cut losses, save more money for the future, or prevent a catastrophe. Even the cryptocurrency sector, especially bitcoin that was believed to be a haven, has not been spared in this massive global sell-off. The price of Bitcoin fell by a whopping 40 percent in March along with other risky assets that got tanked across the board. What can we learn from this doom that has befalling the finance sector? Is it a total evil, or is there an underlying treasure trove that only a few can see? Below are some of the lessons to learn from the effects of the COVID-19 on crypto and the financial ma

The Whole New World of Cryptocurrency Staking and All You Need To Know

Cryptocurrency staking: What is it? In the cryptocurrency world, there are about as many ways of making money as there are currencies. Since crypto aren’t only seen as currencies, but also as investments, several currencies and methods have appeared that allow for people to earn income passively. One of those methods, one that has recently become more common, is staking. When banking with fiat currency, one of the many options people are offered is a fixed account. These contracts require the person to deposit a certain amount of money in the bank and leave it there, frozen, for a set amount of time. Once that time is up, the money goes back to the person along with an interest payment higher than they would have obtained with a savings account. It's one of the less smart investment methods in fiat currencies, if only because interests are often too low so earnings are relatively small when compared with other, less safe investments. However, since they are risk-free

What You Believe Google Shares Sold For $85 in 2014? The Crypto Market Secrets By Insiders You Can Use

Google share price was $1251.88 by midday EST today. Can you compare the present price to the $85 it sold for in 2002? Opportunity abounds for investment around the globe, but only a few people have the winning insight. The Crypto Goldmine To date, new cryptocurrency projects have continued to make it to the market. Why is this the case? There are several use cases that promote their use and adoption. Ripple has disrupted the global money transfer market. Bitcoin is becoming a store of value. And Binance blockchain is proving that there is a future for cryptocurrency. What You Need to Do I guess you do not want to miss out on the unfolding opportunities in the crypto marketplace. There are a number of things you can do: Start trading crypto You need a basic understanding to trade crypto. You need to know the simple link between bitcoin, altcoins, and the stablecoins. Bitcoin is the premier cryptocurrency as it was launched in 2009. Since then, it has grown

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