Archives August 2020

Instant Crypto Exchange Launches Pro Platform as Market ‘Matures’

On-the-spot Crypto exchange is witnessing the inception and hopefully eventual rise of a new program that offers easier processing, cheaper rates, and all-day customer care. This new venture has its eyes set on the race as it ensures quality service regarding the transmission and connectivity between low-risk investing and into-the-ocean spontaneous trading. It has been on the radar of reviewers since the last four or five years after its parent company initiation. It has been growing since then diligently and actively, and now boasts of operating with hundreds of recorded crypto-currencies.

Development and Progress:

The company and project started with humble roots dedicating their services to help out newly inducted investors in cryptocurrency get into the game at a slower pace, where the investor would take advantage of the characteristic fluctuations of the crypto-currency values and increase their returns over short periods of time. But as the company continued to higher ground and developed its strategies along with the inclinations and developments of the market tendencies itself, it decided to widen its entrepreneurial scope, dive into the intrepid waters, and start carving a name out for themselves among the bigwigs of the industry.

Reliable Co-operations and Inspiring Collaboration:

This newbie project and its curators value collaboration and cooperation with an established crypto-currency corporation that can give their venture a necessary boost onto the trading floor. One such enterprising partnership had been their association with a known and respected crypto-wallet platform through which they were able to minimize their exchange time-period significantly no matter how busy the traffic got. Another similar association helped them establish a direct conversion mechanism in which users could convert their assets into altcoins quickly and easily over just a few easy-to-follow methods.

This is not to say that the company can’t hold its own. In fact, it had been continually making it easier and more comfortable for new crypto-users to deftly navigate the ways of the trade by ingenious innovations and ideas. They had become industry pioneers with their revolutionary program under which a user would only need their bank-issued debit and credit cards to get some altcoins online.

With all such curated experience, profitable collaborations, and blockchain expertise under their hat, the company aims to reach great heights while making the crypto experience smoother for the consumer.

Brazilian Jiu-Jitsu Champion Says He Lost Bitcoin Bought in 2015

Among the latest happenings from the world of cryptocurrencies, the former international Brazilian Jiu-Jitsu Federation World No-Gi Champion, Craig Jones, revealed he lost the Bitcoin he bought in the year 2015. Craig Jones has also won Combat Club Trials in Abu Dhabi twice. At the time of his Bitcoin purchase in 2015, it was priced in the range of $200 to $400. Craig Jones said that he bought Bitcoin along with a couple of friends in 2015 and forgot about the purchase immediately afterward. 

However, when the price of Bitcoin skyrocketed around the year 2017, he and his friends tried hard to locate where the password of their accounts but couldn’t retrieve it. Craig Jones has even won Crypto-assets as a prize once where he was paid $1,000 in BTC or Bitcoin Cash for a match held in the United Kingdom. In 2017, when Craig Jones wanted to retrieve his Bitcoins to sell, the price of the Bitcoin was at its peak of more than $20,000. Coinjar is a crypto exchange based our of Melbourne, and it recently announced that it has decided to sponsor Craig Jones through his crypto exchange account. 

Craig Jones is not the only one from the world of fighters to jump onto the crypto bandwagon. Many popular names from the fighting organizations from across the globe have been turning their attention to digital currencies and cryptocurrencies. In 2015, popular name from the world of Ultimate Fighting Championship or UFC in short, Jon Fitch was amongst the first MMA fighter that has been paid through Bitcoin Cash. In April, another popular UFC fighter named Ben Askren promoted the use of Bitcoin for giving rewards through his official Twitter account. 

Craig Jones is popular in the fighting world for knocking down his opponents using his famous leg locks. Many global organizations, including banking and financial organizations as well as governments, have been trying to find ways to regulate the use of cryptocurrencies. The attempt by the various organizations in the field of MMA and similar space is an addition to the continuing interest in cryptocurrencies and how it can be used to replace the conventional monetary systems in use for long. 

Craig Jones, after losing his Bitcoins, did attempt to contact the experts to find a way to retrieve it. However, the meticulous security and complex nature of the cryptocurrency world, especially Bitcoin, makes it almost impossible to trace the lost account, Bitcoin, or its address. However, this incident has only fueled his interest further in the crypto world, and the lesson learned has ensured that he takes necessary precautions the next time he is treading in cryptocurrencies. 

10 Ways You Can Spend Bitcoin

Although there are several cryptocurrencies in the digital market, Bitcoin stands to be the best in real-world adoption. Even after eleven years of successful trading and application, there is a lot of confusion about how to use the currency. Here is a list of 10 broad domains where one can spend their Bitcoins.

Buying Coffee or food

In 2018, the coffee giant, Starbucks, announced a partnership with Microsoft on the new Bakkt app. Therefore, anyone can enjoy their favorite latte or cappuccino by paying through bitcoin using the Bakkt app. There are many such mobile applications available to help in payments through bitcoins in various restaurants around the world.

Travel

Bitcoin Revolution can make traveling to favorite destinations possible. The holder can book hotels on Expedia, fly with CheapAir, or take a cruise with Ships & Trips Travel. They accept over one cryptocurrency to make things more convenient.

Home Décor

Buying a fancy dining table or fresh bedding sets is now possible with the online platform called Overstock. It sells everything from kid’s toys to smart home decor systems. This online retailer started accepting Bitcoins in 2014 and is now accepting over 60 cryptocurrencies after its partnership with ShapeShift exchange.

Gift Cards

Dealing in over 250 kinds of brands, eGifter.com accepts multiple cryptocurrencies, including Bitcoin. Some of these brands are Best Buy, Macy’s, iTunes, Dunkin Donuts, and Uber. Hence it is the best way to use Bitcoin in products where the brands don’t accept crypto payments directly.

Cars

Many auctions and car-makers accept Bitcoins for selling vehicles. There have been several examples like a car dealership in Canada sold a brand new Tesla S P85 to a customer for 5,447 LTC. Today these coins are worth more than $400,000. The world’s first Bitcoin-only automobile car boutique is famous known as Bitcars. The boutique provides unique oldtimer classic cars and premium supercars to the crypto community.

Luxury Goods

Platforms like The White Company purchase tickets to a VIP Event, rare paintings, expensive watches, and other luxury items easy. It accepts payments in Bitcoins, Litecoins, and Bitcoin Cash for all its items.

VPN Subscriptions

Since the priority of VPNs is privacy, many providers accept payments in Bitcoin along with other cryptocurrencies. Some examples are VikingVPN, AirVPN, TorGuard, and Cloak VPN. Determining VPN quality is very difficult, but if they accept cryptocurrencies, things become easier.

Charitable Donations

Several charities accept Bitcoins and other cryptocurrencies. One of them, Sean’s Outpost, is one of the biggest meal-providers to the homeless in Florida and a renowned homeless outreach charity to accept cryptocurrency.

Windows and Xbox Content

Microsoft started accepting Bitcoins in 2014 and is accepting many cryptocurrencies at large. Some transactions stopped during the crash of 2018, but they are back in action again. Therefore, buying movies, games, apps, etc. in the Windows and Xbox stores is possible.

Cloud Mining Contracts

Cloud mining has become a trendy technique that is getting along with cryptocurrency. Now, they also don’t need cash or bank transfers. Bitcoins can also help the purchase of high-end hardware.