Have you heard about BITCOIN CUSTODY SERVICE?submitted by mikaela62503 to eQapital_Banq [link] [comments]
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submitted by Smart_Smell to Robopay [link] [comments]
Initial capital in Bitcoin trading: experts have named the minimum amount
To begin with, one dollar may be enough on the cryptocurrency market, but in the future, experts recommend investing in digital money at least a thousand, and even tens of thousands of dollars.
The popularity of digital money is growing in 2020. More and more people are seeking to enter the blockchain industry through investing, mining or trading. However, first you need to decide how much money can be allocated for a risky attempt to make money on cryptocurrency. Experts told why $1 sometimes may be enough, and in which case it is not worth coming to the market without $50,000 in stock.
$ 1 tradingVladislav Antonov, analyst at IAC “Alpari”
If a person comes to the market to trade, then he must first learn this craft and only then decide with what amount to start. You can buy a Porsche and tie it in a knot in a few minutes. To get behind the wheel of a car, you need to learn the rules of the road and learn how to manage them, avoiding accidents. After training, pass the exam and get a license. Here the market takes the exam. If you break the rules, he takes money from the deposit through traders who are on the other side of you.
On the Binance market, you can start trading with as little as $1. There is such a cryptocurrency — Stellar (XLM). 10 tokens cost 0.03 USDT, 100 tokens — 0.39 USDT, 1000–3.91 USDT. You can make 100 trades at 1 XLM, and you won’t even get losses by $1. Perfect conditions to hone your skills. The market can also be compared to ultimate fighting. Here it is important not to start with what amount, but to learn how to correctly calculate the trading volume from the protective stop. That is, a trader must first determine how much he is risking in one deal and calculate the risk. It is believed that the risk in one transaction should not exceed 5% of the deposit, and better not more than 2%. First you train, then you enter the ring.
If you take, for example, a $100 deposit, then 5% will be $5. You clearly know that if the market goes against you, you will lose $5. 90% do not do this and, using large shoulders, lose everything. Then, after analyzing the market, you find the entry point and the level where the protective stop will be placed (the level at which the loss will be closed). This is where the main problem of traders’ failures lies. Everyone wants to make a million from $100, only they take big risks.
The trader must find a comfortable amount of losses. Loss is the right to earn like a business expense. When a trader gives up driving on the market with a small amount of the deposit, then he can increase it. It doesn’t matter from what amount you count 2%. If the deposit is $1000, then this is a risk of $20, if the deposit is $10,000 — $200, etc. It is necessary to answer the question: at what amount of loss is it comfortable for me to trade? And if it is possible to reduce the risk per trade by less than 2%, then it is worth doing.
$1000 and diversificationAndrey Podolyan, CEO Cryptorg.Exchange
The average static deposit on crypto exchanges can be considered a deposit of about $1000. In general, for many traders this is already the amount that it is a pity to lose and with which it is interesting to work.
However, it is worth focusing on the income that OTC activities bring to the trader / investor. If a person earns $10,000 and more monthly, then, naturally, he will not be interested in a $1,000 deposit. And if a person earns $500–1000, then a $1000 deposit for him will be even too large an amount.
In my opinion, a trader is successful if he earns a little higher than the average national salary. Example: Average salary is $1000. On average, a trader earns 10% per month on his deposit. Therefore, the working deposit must be at least $10,000.
Valery Petrov, RACIB Vice President for Market Development and Regulation
When determining investments in cryptocurrency, first of all, you need to understand that cryptocurrency cannot be the only asset in an investment portfolio.
It must be diversified according to the risk-return criterion. The point of this approach is as follows: the entire portfolio is structured according to the level of risk that you are willing to take on.
Since cryptocurrency belongs to high-risk assets and, in fact, is a speculative asset, the risks of losses for which are very high, it makes no sense to allocate more than 25–30% of the portfolio to such an asset class. Especially in today’s market, when the classical theory of portfolio investment does not work very well. “Black swans” and other market fluctuations are constantly encountered, which do not fit into the classical theory of investor behavior in the market.
For a person whose main income is wages, the formation of such an investment volume should occur gradually. My recommendation is to transfer to such an investment portfolio about 10% of monthly income, despite the fact that it is at least $1500–2000. Then any loss will not greatly affect the lifestyle.
It makes no sense to start investing in cryptocurrencies from the very first deduction. A third of the conditional $200 is an insignificant amount to go to the digital money market with it. On the crypto market, it is advisable to start operations from an amount of approximately $1000. Then the commissions and market fluctuations that exist there will not lead to quick and negative changes in the portfolio.
From this amount, you can increase investments in the crypto market. At the same time, it is necessary to observe the proportions according to which the volume of investments in cryptocurrencies should not exceed 25–30% of the portfolio, given that other assets are less risky, but they will be able to ensure stability.
Investments from $ 50,000Victor Pershikov, Lead Analyst at 8848 Invest
When determining the minimum investment amount, you need to take into account the specifics of the cryptocurrency market, which distinguishes this site from classical financial markets. Firstly, the cryptocurrency market is incomparably more volatile than classic financial instruments, which is reflected in both higher incomes and higher risks of losing funds. In this regard, the initial capital must be sufficient in order to receive a decent return on investment, while remaining tolerant of risk. Secondly, price corrections in the cryptocurrency market are more significant than corrections in other markets, and can reach 70–90% of the developing trend movement. This also leaves an imprint on the initial capital requirements, because the investor must understand that he is just facing a deep correction and not sell his assets ahead of time, fearing a trend reversal.
The cryptocurrency market is still very young and there are high risks of various manipulations. In this regard, the investor should distribute his assets into the most diversified portfolio possible so that a collapse or bursting of a bubble in one sector does not lead to significant capital losses. Therefore, an investor must have a higher, by the standards of classical markets, initial capital in order to comfortably invest in digital assets.
I recommend starting investing in digital assets with an amount of at least $50,000, since this amount of funds, on the one hand, allows you to receive income that exceeds income from classical financial markets, and on the other hand, you can be calm and wait out the drawdown or decrease in the crypto market capitalization, which happens quite regularly.
I would also advise focusing not on margin trading, but on investing in digital assets, since on the one hand, intraday trading is statistically successful with a fairly small number of participants, and on the other hand, the bullish nature of digital assets, coupled with a very real opportunity selecting truly worthwhile assets into your portfolio allows even a not too experienced trader to succeed in the CFA market.
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Ren allows the free movement of value between all blockchains and transfer of tokens in zero-knowledge. Unlocking new liquidity and resources to power a new wave of value in the open finance movement. With Ren all decentralized applications can run in secret, preserving the privacy of all users and data. (Renproject.io)
Ren is the evolution of the technology that underpins RepublicProtocol, in its most useful and general form. It becomes something much bigger than Republic Protocol and will empower developers to build decentralized and trustless applications, with a distinct focus on financial applications. Using our own newly developed secure multiparty computation protocol, all DeFi applications will have access to interoperable liquidity and run in complete secrecy. (Ren —The Evolution of a Protocol)💡 To dumb it down a bit, Ren is the organization's name, REN is the ERC-20 based token, and RenVM is Ren’s core product.
RenVM is replicated over thousands of machines that work together to power it, contributing their network bandwidth, their computational power, and their storage capacity. These machines are known as Darknodes.Ok so now we know what a Darknode is but what is REN Tokens used for?
Darknodes communicate with other Darknodes around the world to keep RenVM running. Without them, there is no virtual machine upon which Ren can exist. RenVM uses Byzantine Fault Tolerant consensus algorithms and secure multiparty computations so that Darknodes can be operated by anyone without needing to trust them. This is what makes RenVM — and by extension, Ren itself — decentralized, trustless, and private. (Ren Documentation)
The decentralized network of Darknodes is permissionless, but to prevent the forging of a large number of identities a good behavior a bond of 100,000 REN tokens is required in order to register and run a Darknode. This prevents malicious adversaries from running an unbounded number of Darknodes and overwhelming the network with misbehaving Darknodes. (Ren Documentation)As stated, to run a Darknode you'll need 100,000 REN. You can liken this to Proof of Stake (PoS) systems in which you stake a certain currency to encourage honest behavior in block production. The benefits of running a Darknode is you will be paid transaction fees. Initially, the fees were paid in REN tokens but now Darknode operators can be paid other cryptocurrencies such as BTC, ETH, ZEC, and other ERC20 tokens.
The Ren Alliance is a consortium of DeFi companies and/or projects that are helping secure, develop, and utilize RenVM. (Introducing the Ren Alliance)Also, Important to note is Ren has top tier investors in the likes of FGB Capital, Polychain Capital, and Kenetic Capital. But its headlining investor is crypto giant Huobi, which this past July launched its Huobi Cloud platform for OTC desks. Work is being done and a lot of progress is being made.
The blockchain-based networks are being built to offer specific capabilities such as making payments, storing and trading assets and others. However, these capabilities are being offered in isolation where these networks don’t talk to each other and cannot share data. Existing centralized systems have evolved to offer the same capabilities in a more integrated way where these systems are able to run end to end transactions seamlessly making it easier for users.The cryptocurrency space is pretty fragmented at times. There also is a bunch of tribalism. It can be a bit annoying. One coin makes massive efforts over here and another coin is making massive efforts over there. What if we could combine the efforts into one big force of nature? I think we can take over the world. Which, would be, huge.
If blockchain-based networks have to make a strong case for their adoption, they have to be able to work with each other and offer this seamless integration of capabilities to their users.
Strong interoperability would give users a much more useful, user-friendly experience. With this interoperability, users will be able to experience the seamless integration of capabilities being offered by the blockchain-based networks. If we have to hypothesize an example, it would look something like this – User will be able to tokenize the asset (e.g. artwork) over Ethereum based DApp, will be able to transfer the tokenized asset to another address over Cardano, and pay any corresponding transaction fees over the bitcoin network. (Capgemini)
https://preview.redd.it/i6sd5ax60ow41.jpg?width=1200&format=pjpg&auto=webp&s=8d4171bd4831ce2cfd6fa0bd9b598888d3a100cbsubmitted by Waykichain to WICCProject [link] [comments]
Recently, there have been many thoughts on the development direction of blockchain and WaykiChain. I have found some certainty in the world of uncertainty. How does WaykiChain understand the development of the public chain? What is WaykiChain development direction based on these understandings? What should the community expect and pay attention to? I will share with you the answers to these questions.
How does WICC increase prices?
WICC is the basic digital currency on the WaykiChain public chain. According to its white paper, when this coin was issued in the early period, more than 70% of the chips were in circulation in the secondary market This is a relatively high proportion, comparing to most of blockchain projects. This high circulation ratio is like a double-edged sword. The disadvantage is that foundation has relatively weak control over its value in the secondary market. It is also difficult to manipulate the price to create some false market value to deceive the public. The advantage is that WICC can have a wide range of coin holders and community members. Meanwhile, more coin holders mean that when WICC is found to have price increase expectations, such expectations will be spread by the population, which can result in a large-scale network effect. In 2018, WaykiChain relied on this network effect to make a big hit in the market. At that time, the number of WICC holders was about 100,000 (WICC holders in exchange).
However, the communities merely brought by price increase expectations are not sustainable. Those people came because of profit, and they will leave because of no profit. Those who made money or lost money on WaykiChain will scold after the currency price fell. In the bear market, it is almost difficult for people to have confidence in altcoins. It is difficult for people to invest in your long-term future with real money no matter what expectations they receive. Then, how to make WICC valuable in this bear market? We can conclude by the nature of price increases, which is fewer people selling and more people buying.
Staking economy is an effective way to achieve“few people selling”. This kind of gameplay is not widely used in the traditional field as it is in the crypto circle.
Most of Staking’s gameplay is to give you a dollar profit to make you unwilling to sell your 100 dollar coins. This approach may have a positive effect in the short term, but in the long term, it is no different from the Ponzi scheme. The other method is the DeFi. In DeFi, people need to collateralize their coins and get something that can bring value to them. For example, mortgage lending. When you are unwilling to sell your coins and lack money, the CDP mortgage lending system can meet your needs. At this time, the WICC in your hand becomes a “ticket” to participate in the CDP mortgage lending system. The collateralization generated by this real demand is often solid because such users are less likely to quit fast. Because they benefit from WaykiChain and believe this kind of service will generate value, so it is not a zero-sum game. In the end, most of the people here are winners, so they cherish their chips.
Once there are more users, there should be more reasons for them to buy more continuously. The reason for most people who buy token is nothing more than to see some good news which can be predicted. Halving is predicted, so there was a decent run at the start of the year. The World Cup was also a prediction and it is a piece of good news for betting-related blockchain. This prediction of a high degree of certainty in time can prompt a frenzied influx. But other than this quadrennial prediction（Halving or World Cup） of events, what expectations do you have for the community?
The first is the technical aspect. A good technical public chain can attract more developers, and more developers can build more business models and have more imagination.
To realize the expectation of the business model, users should value the future business growth of your current track and the most direct promotion of the economic model after the growth. For example, the growth of the mortgage lending business. The total collateral of WICC gets bigger ->Less liquidated WICC ->WICC’ s unit price raises with the demand stays the same. Or growth in mortgage lending->WGRT destruction becomes more numerous->WGRT’s unit price raises. This business model creates a rigid value in a currency.
Finally, there comes the marketing ability, the user toned to trust that you are able to attract more investors at some point in the future. All financial activities generate bubbles, and how big an asset you end up with depends both on how much beer you have and how much bubble you can pour. If building business value is about brewing, marketing, and storytelling, it’s about pouring beer out of the bubble.
When it comes to liquidity, some people’s understanding of liquidity of a coin is to be listed on more exchanges, some people know a bit about some financial markets, so they say liquidity is the depth of the order book. I recently get some inspirations from David in Coinbase. Liquidity can be measured by the time you spend to convert an asset to purchase power.
Cash is with the best liquidity, as it is almost equal to purchasing power. Property is less liquid because there are very few situations where you buy something directly from the house. Usually, you will have to turn it into cash and buy something else. So there’s a long period between when you decide to sell the house and when you get the money, and the longer that period is, the less liquid it is. USDT is relatively liquid because OTC transactions, which is a mature market in the current situation, allow people to convert the USDT into fiat money in minutes.
Note that the above mentioned is to turn assets into purchasing power, rather than cash out. These two are essentially different. For example, if I want to purchase some service from a crypto media, I often use Eth, BTC, USDT, not cash. So I don’t need to sell off my digital currency to exchange cash, but directly pay it, which becomes purchasing power. From this perspective, any merchant accepting digital currency payments is enhancing the liquidity of the digital currency. Because he shortens the time it takes for assets to become purchasing power.
As I said before, the keyword of the Internet fights is traffic, and the keyword of digital currency is liquidity. Much of what WICC does is to increase liquidity. Listing on Exchange shortens the time for WICC to transform into the purchasing power of other digital currencies. In real application scenarios, many people are reluctant to undertake the risk of digital currency fluctuations. They only like to denominate in fiat currency, so WUSD (stablecoin) that is generated by collateralizing WICC has better potential than WICC to become purchasing power. Huatong Security accepts WUSD as a payment method to buy HK/US Pre-IPO stocks shortens the time when some people want to convert WUSD into the purchasing power of Hong Kong and US stocks (In the normal process, this user must first sell, exchange fiat currency, and then open an account to buy Hong Kong and US stocks). The new project WaykiX shortens the time required to transform WICC into the purchasing power of investing in various assets around the world.
Bitcoin’s technology has not been greatly updated since its inception, but its value remains the leader because of its liquidity. Similarly, in my opinion, the market value of USDT has soared because liquidity is becoming more and more mature. WaykiChain’s future development is also inseparable from liquidity.
As mentioned above, liquidity is important. If you want to improve liquidity, you can cash out first and use cash to purchase most of things you want. However cash out itself is not what a project expects, because it will dump the price when a lot of people doing that. Therefore, collateralizing assets, generating stablecoins, and then enabling stablecoins to generate purchasing power has become a perfect model, which is the essence of WaykiChain 3-Token Economy Model.
Regarding purchasing power, first we need to know what users want to buy. Many public chain projects, including WaykiChain, have begun to explore what kind of products and services that users want to buy. For example, betting products, value-added game services, or even e-commerce. All of these end up with nearly no results. As speculators’ paradise, the cryptocurrency circle usually care about borrowing money to make money. So, there is nothing more interesting for them than lending and making money. These people may not have the need to play games or buy things, but they must have the demand to make money. Therefore, finance must be the right direction for blockchain projects. WaykiChain will all in DeFi for at least the next two years.
Many people say that WUSD is a stablecoin, so it needs to be compared with USDT. Rather than emphasize WUSD itself, I would rather like to say that WaykiChain ’s CDP is a lending system and service, and WUSD is just a stable value certificate. I am more concerned about the capacity of the CDP lending business itself, and whether it can provide users with the value of lending. As for when WUSD can become a freely circulating currency, it will take a long time to see how much purchasing power is endowed. Maybe at first, WUSD could buy WICC, WGRT, then the index of various global assets, then other digital currencies, then some Hong Kong stocks and US stocks, and finally maybe you can buy two packs of snacks with WUSD downstairs.
Simple preview of the new product WaykiX, users can trade all kinds of global assets, including digital currencies, indices, stocks, commodity futures, and even contracts. We have high expectations for this product because we feel it can meet the “purchase” needs of most existing community users. This product learns from the Synthetix project and adds some local elements of WaykiChain, including the technical security reinforcement, as well as the improvement of the economic model and the risk resistance level.
Someone asked, Ethereum has a complete DeFi ecosystem, and there are countless projects to start a business together. Why does WaykiChain have the power to fight with Ether? I would like to share a few points. The DeFi of Ethereum is aimed at users of Ethereum. We are currently targeting WaykiChain users. There is no conflict at present. In addition, DeFi seems to have a variety of patterns. It is nothing more than the four major categories of deposits, loans, liquidity, and derivatives. Our current developer community is not as prosperous as Ethereum, so WaykiChain uses a point-to-face model to first construct the core and head of DeFi to ensure quality and safety. When it can form a minimum closed-loop, and then let developers support those long-tail applications. Although it is a bit contrary to the concept of decentralization, we believe that this is an indispensable process for the implementation of the blockchain public chain。
I mentioned three directions in the first chapter on how to create the value of WaykiChain, the first is technology, the second is business model and applications, and the third is the marketing model and bubble.
In fact, a healthy blockchain community is also attracted by these three parts of value, a core developer community, some coin holders with business needs, and a group of speculation or investors. To achieve the top five public chains in the world, these three groups must be huge.
WaykiChain attracts the core developer community through the leading technology mechanism and the friendliness of public chain development. This is the reason why WaykiChain has invested a lot of resources in the technical level of the public chain.
WaykiChain continues to create value for currency holders to meet their needs through the DeFi business.
And eye-catching marketing methods to attract investors and speculators when market conditions improve and new market capital are sufficient.
The bull market is short while the bear market is long. In the bear market, WaykiChain needs to continue to play at the table in a way with a high winning rate. These are my personal opinions. Welcome to discuss more with me.
HUOBI – THE EXCHANGE BUILT FOR THE FUTUREsubmitted by VinayTM to HuobiGlobal [link] [comments]
A HONEST REVIEW BY AN USER
Leon Li founded Huobi in 2013, a former computer engineer at Oracle. Huobi Global is a digital asset and crypto currency exchange headquartered in Singapore. Huobi also has local exchanges in South Korea, Japan, and through its strategic partner, the United States.
The Huobi Group, the parent company of Huobi Global, has received venture capital finance from prominent Beijing based ZhenFund and American VC firm Sequoia Capital.
The Huobi Global exchange serves traders in 130 countries. Through Huobi Global, traders can access almost 200 crypto and stable coin assets. Huobi users can download trading clients on both mobile and desktop devices.
Huobi has traded over US$1.2 trillion in digital assets, and at one time it was the world’s leading exchange by volume, capturing 50% of all global trading volume.
In terms of security, Huobi has adopted a decentralized exchange structure, which helps to resist DDOS attacks. However, Huobi has implemented the ‘Huobi Security Reserve, in which Huobi has set aside 20,000 BTC reserved for users who have lost funds either due to hacks, or exchange failures.
Ease of use
The UI is clean, user-friendly and perfectly designed with all the basic requirements for a crypto-trader. The charting software is provided by Tradingview, which is exactly what you want.
Huobi’s OTC exchange is a good initiative. The Huobi OTC exchange allows users to trade funds peer-to-peer which doesn’t affect the market price of the underlying asset. The OTC trading-desk, with transfer options like bank-transfers, PayPal, WU, Paytm, UPI, IMPS, Alipay & many others, is an easy to use payment gateway. With a secure exchange to diversify your investment, right next door, too with effective list of Buy and Sell options for BTC, ETH, USDT and EOS coins.
Huobi Lite App provides a convenient channel for everyone to buy cryptocurrencies at the best prices. Tailor-made for beginners, traders, and users.
We can download the App directly from the respective iOS Store or Google Play Store. Alternatively, we may access via the link: https://lite.huobi.com/download
On Huobi Lite, you can buy Bitcoin with your local currencies, credit card, or exchange cryptocurrencies tokens, with zero fees at competitive prices. Huobi Lite currently supports MYR / HKD / VND / USD (Credit Card deposit only), with more to come in the future.
Huobi Derivative Market (Huobi DM)
Huobi Global launched Huobi Derivative Market (Huobi DM) exchange to selected countries. It provides margin trading, with very low daily loan interest rates of 0.1%. Margin Trading allows users to increase their investment exposure given a limited base principal to enjoy multiple returns.
3-Steps taken in Margin Trading:
Huobi Futures is a kind of digital currency derivatives. Users can make a profit from the rising/falling of digital currencies prices by going long or selling short based on their own judgment.
The Huobi Futures Contract adopts spread delivery. When the contract expires, all open positions will be closed at the index-based last-hour arithmetic average price, instead of physical delivery.
BTC/ETH/EOS/LTC/XRP/BCH/TRX/BSV/ETC Contracts are available on Huobi DM. Contracts are priced in USD, with corresponding digital currency (BTC/ETH/EOS/LTC/XRP/BCH/TRX respectively) as margin to open positions, and PnL is also settled in corresponding digital currency.
Weekly, bi-weekly and quarterly contracts are available in Huobi DM. Weekly contracts will be settled on imminent Friday; Bi-weekly contracts will be settled on next Friday; Quarterly contracts will be settled on the last Friday of March, June, September and December.
Choices of leverage: 1x, 5x, 10x, 20x
Huobi Perpetual Swap
Huobi introduced Perpetual Swaps on March 27, 2020 (GMT+8). Huobi Perpetual swap is a kind of digital currency derivatives. Users can make a profit from the rising/falling of digital currencies prices by going long or selling short based on their own judgment. Similar to a margin spot market, its price is close to the price of the underlying reference index. The main mechanism for anchoring spot prices is the cost of funds. Perpetual swap have no delivery date. Users can always hold it. Perpetual swap are settled every 8 hours. After each settlement, the realized profit/loss and unrealized profits/losses are transferred to the user account balance.
Huobi Futures adopted partial liquidation to help position holders reduce liquidation risk. Users with large positions and high leverage bear high risk. Huobi Futures releases partial liquidation with the aim to lower possible losses due to high price volatility thus giving users better trading experience.
Under partial liquidation mechanism, when liquidation is triggered, instead of liquidating all positions at once, the system reduces positions gradually till a grade whose margin ratio is great than 0. Full liquidation will only occur when the margin ratio of tier 1 upper limit net position still fails to be great than 0.
The Huobi exchange has a fair trading fee structure. Every asset traded via Huobi Global is subject to a 0.2% trade fee, for both market makers and takers. Further, Huobi Global has introduced a tiered fee system which offers competitively lower fees for high volume traders. VIP membership gives access to various fee reductions and other benefits.
Huobi Prime, the Launchpad platform which we can call Direct Premium Offering (DPO), does share some similarities with initial exchange offerings (IEO) like Binance Launchpad, but it is unique as it is not a fundraising platform, and any coins purchased on the platform are immediately deposited into the users’ wallets and tradable on Huobi Global. Huobi Prime offers its users early access to the coins of premium projects, which can be bought using its native crypto currency, the Huobi Token. To avoid dumping, Huobi has implemented an innovative idea of a period of tiered price limits.
Huobit FastTrack, rebranded from Huobi Prime Lite, is a new listing model. Wherein, all participants will have a direct say in what projects are listed on Huobi Global and when. In addition, winning voters will get access to quality tokens at below market rates. The program also provides much needed exposure and a straightforward listing process.
Huobi Wallet is the official mobile wallet of Huobi Group, a leading global digital asset financial service provider. It is a multi-chain asset management tool that provides native support for various types of blockchains and all of the ERC20 tokens. So far Huobi Wallet supports BTC, BCH, LTC, ETH, ETC, USDT and all ERC20 tokens.
Huobi wallet is the first wallet to expand support to cover seven stablecoins including, Paxos Standard Token (PAX), TrueUSD (TUSD), USD Coin (USDC), Gemini Dollar (GUSD), Dai (DAI), Stasis EURS (EURS), and Tether (USDT).
Huobi Wallet is built based on the core principle of security-first. The wallet gives back its users, complete control of their private keys. In simple terms, You own your assets. The wallet is backed up with mnemonics, so in future when you want to import your wallet, it’s just simple few clicks.
Currently, the wallet is compatible with both iOS and Android devices and you can download both from here (www.huobiwallet.com/en)
Huobi launched Huobi Chain’s Testnet (“the Testnet”) on February 29th 2020 (GMT+8). Huobi Chain is China’s autonomous cum compliant-ready blockchain platform, and is committed to providing a global, blockchain-based, digital asset infrastructure. Huobi Chain is committed to providing a high-performance, blockchain-based, global digital asset infrastructure. Once the Mainnet goes live, Huobi Chain will announce HT- related events: e.g. pledge HT to be a Super Node, etc.
HT Lock & Mine (Huobi Pool)
Huobi launched HT Lock and Mine operations on 25th July 2019 (GMT+8). Users who lock HT tokens receive daily HPT rewards. Specific reward quantity will depend on lock option period selected, quantity locked and Huobi Pool’ s mining hash power and daily float.
DPOS Rewards: All Huobi Global users with more than 1,000HPT holdings in their HBG account will receive DPOS mining rewards. Currently, token reward received under DPOS mining include EOS, TRX, CMT, ONG, IOST, ATOM, IRIS, LAMB。
Users of the Huobi exchange can access 24/7 live chat and Huobi help center. Those facing issues can also open a support ticket to have their issue resolved by an expert representative immediately.
The Huobi Group has a very active YouTube channel, featuring Huobi Talk, where it posts user tutorials, detailed guides, and crypto currency information for traders.
What I like the most about Huobi
(b) As projects launch exclusively through Huobi Prime from day one, all users get assets at the best price.
(c) Tiered price limits on the platform protect both investors and projects from immediate dump.
Huobi Global: https://www.huobi.com/en-us/
Join Indian Group: https://t.me/huobiglobalindia
Global telegram Channel: https://t.me/huobiglobalofficial
Join Huobi by click here: https://www.huobi.com/en-us/topic/invited/?invite_code=7zkb4
On Mar.26, 2020, PlatON hosted its 3rd Community Council with wayi.cn, the world’s leading one-stop mining service provider. PlatON founder & CEO Lilin Sun and wayi.cn co-founder & CEO Peicai Li officially announced the strategic partnership between PlatON and wayi.cn. wayi.cn will contribute on the network building and community governance to help facilitate the prosperity and stability of PlatON ecosystem.submitted by PlatON_Network to PlatONNetwork [link] [comments]
🌟 wayi.cn — World’s Leading One-stop Mining Service ProviderIntroduction of wayi.cn
Mr. Li: Shanghai Wayi Network Technology Co., Ltd., aka wayi.cn, is a high-tech enterprise specializing in the Internet field. Since its establishment in June 2015, it has won the trust and support of domestic and foreign customers with professional service and good reputation. Wayi.cn is dedicated to being a top player in the blockchain industry with its one-stop mining integration service covering mining machine, cloud mining, building & operation of mining sites, mining pool, quantitative investment, OTC, etc.
we currently operate more than 200,000 digital currency miners, with a total load of nearly 250,000 kilowatts. In addition, we also operate Bitcoin, Litecoin and Ethereum mining pools.
Strengthens of wayi.cn as One of World’s Top Mining Service Providers
Mr. Li: wayi.cn is leading with:
1. Solid background in mining
We’ve been diving into the blockchain industry since 2013. We started wayi.cn with 4 mining machines, and kept paying close attention to the development trends to adjust our strategy and complete our business scope following the mining industry chain. After years of improvement, we have the business model that fits the landscape of today’s blockchain industry most.
2. A huge scale of operation
Currently, we have 0.2M mining machines managing all kinds of cryptocurrencies, with 0.25M kilowatts load in total. Besides, we have 10 self-operated mining sites, and extra 8 collaboration mining sites. Our mining site scale ranks top in the blockchain industry, and can meet different demands of users.
3. Professional operation & maintenance team
We have a professional operation and maintenance team consists of 150 workmates with 24/7 non-stop work, which ensures the highly effective service all the time. Users’ interests come first for wayi.cn.
In total, as an experienced mining service provider, we are greatly good at problem solving, and have comprehensive solutions for different users. In addition, we are sensitive about the trends and landscape of blockchain industry to redefine and extend our layout, that’s why we collaborate with PlatON. We feel lucky to join a competitive public blockchain with real use cases like PlatON, and be one of the important nodes of PlatON.
🌟 PlatON — an Ever-growing and Stable Infrastructure for Privacy-Preserving Computation and Distributed EconomiesThe Latest Development and the Further Plan of PlatON?
Mr. Sun: PlatON released its new Baleyworld test net on Mar.20, 2020, and now in the extensive testing and operation stage before our main net is officially announced. We’ve invited many node partners and end-users to participate in Galaxy Rally, a large testing campaign with 5M LAT bonus pool, and help polish our economic model, governance mechanism, technology stability, security and availability. wayi.cn and Mr. Li has shown great support on PlatON since the early 2019, and also one of the great contributors in this testing campaign.
With regard to Privacy AI, our core development direction, we will release world’s first Privacy AI open-source architecture supporting Tensorflow framework in around May, 2020. Then we will build our next-generation DataBank service based on the Privacy AI open-source architecture. Currently, we’ve formed collaboration with many first-tier commercial banks and insurance institutes.
In a word, we provide the basic technology and architecture for the trading and monetization of all digital assets, and the related data transaction service when our main net is officially launched.
Recently, we announced a $2M Grants program and have received more than 20 applications including over 10 applications on privacy-preserving computation and blockchains. We will announce the first projects list selected out after evaluation, and we’d be happy to complete PlatON ecosystem with all great minds worldwide.
How Do You Think About the Recent Turbulence of Cryptocurrency?
Mr. Sun: Historically, the crypto market has gone through several rounds of depressions, in 2013, 2018, 2020, respectively. In my opinion they are just normal occurrences, and won’t affect my judgement for the whole market and industry. Blockchain, as a revolution for the financial infrastructure, is still in its early stage. We will keep our focus on the development and investment on the infrastructure for distributed economies.
Mr. Li: The market trend of cryptocurrency is unpredictable, and has high volatility. I think the turbulence just remind us to respect the market, and be more cautious about the risk.
🌟 Strategic Partnership between PlatON and wayi.cnMr. Li: We appreciate the trust and recognition for wayi.cn from PlatON, and will spare no effort in facilitating the prosperity and stability of PlatON ecosystem by helping build PlatON network and the community governance.
Mr. Sun: Thanks very much for wayi.cn’s support, we feel so lucky to get the trust and help from such a backup like wayi.cn. And wayi.cn’s layout and experience will widen our horizon on judging the market and industry, help us avoid risks, and get approved in the global community.
Foundation of the Partnership between PlatON and wayi.cn
Mr. Li: From the view of product and industry chain, PlatON provides the tech support for data exchange and collaborative computing and wayi.cn facilitates the development of global infrastructure for blockchain nodes. PlatON focuses on the development of data technologies and application ecosystem, while wayi.cn focuses on the building and operation for hardware and underlying network nodes. Both PlatON and wayi.cn are indispensable in the blockchain landscape, and are quite mutual complementary.
Furthermore, PlatON is a promising and tech-savvy public blockchain with almost perfect economic and governance models. It is influential in the blockchain industry. Wayi.cn has been diving into the mining ecosystem for years with good reputation. We wish our strategic partnership is a powerful combination and win-win strategy.
How Do You Think about PlatON’s PPoS Consensus Mechanism and PoW Mechanism?
Mr. Li: Either PoS or PoW has its strengthens. PoW mechanism is a product mechanism that can encourage miners to participate in the security maintenance for blockchain network. Miners play an important role in keeping the transparency and network security of blockchain even though they don’t know detailed info of many cryptocurrencies.
With the development and iteration of blockchain’s consensus mechanism, PoS mechanism has been applied in many public blockchains. Plus, Staking and DeFi programs based on PoS mechanism get their recognition, which facilitate the development of both underlying technologies and use cases of the whole blockchain industry.
What’s the Further Development Plan of PlatON’s Privacy-Preserving Computation?
Mr. Sun: We started the research and engineering practice on cryptography in 2016, and then dived into MPC (Multi-Party Computation) in 2017. In 2019, we’ve settled Privacy AI as the core direction of PlatON, and started the development on a Privacy AI architecture with Tensorflow, for the purpose of helping developers get their hands dirty on the applications with no need to understand the complexity of cryptography. Later on, we will have DataBank, a significant engine and platform supporting monetizing data assets based on our Privacy AI architecture.
Our further plan is to support the transaction and liquidity of private data asset based on PlatON completely. That’s in my opinion the real use case.
[Today's Hot Tips]submitted by LOEXCHANGE to u/LOEXCHANGE [link] [comments]
1. [BCH is expected to be halved in 12 hours]
The data shows that the current block height of BCH is 629927, and there are 73 blocks from the block height of halving of 630,000. BCH is expected to have 12 hours left before the halving, which is around 23:00 on April 8. Note: BCH will be halved at a block height of 630,000, when the block reward will be reduced from 12.5 BCH to 6.25 BCH.
2. [Shanghai will accelerate the application of 5G, blockchain, etc. in the field of public health]
According to the First Financial News, the Shanghai Municipal Government website issued "Several Opinions on perfecting the Prevention and Control System and the Public Health Emergency Management System of Major Epidemic Situations of the Shanghai Municipal Party Committee and Shanghai Municipal People's Government of CPC." The opinions propose to promote the in-depth application of new technologies, new products and new models, strengthen the construction of public health emergency informatization, accelerate the application of 5G, blockchain and other technologies in the field of public health, and strengthen the integration of multi-source data, promote the application of health big data in the field of public health, improve the functions of disease prevention and control business information systems, support the collection and application of epidemiological survey data, and promote refined and intelligent management.
3. 【BTC raises difficulty to 14.22T】
It is expected that the difficulty of BTC will increase by 2.18% to 14.22T after 19 hours.
4. [Report: WeChat Pay has been sharply reduced in OTC trading on cryptocurrency exchanges]
According to the financial news on the chain, the pattern of Alipay and WeChat payment occupying the mainstream payment methods of OTC trading on cryptocurrency exchanges has recently undergone tremendous changes. Today, Alipay payment and bank card payment have become the main methods of OTC trading on cryptocurrency exchanges, and WeChat payment has almost disappeared in OTC trading. According to statistics on April 3, currently the USDT OTC channels of the three major exchanges (LOEx, Huobi, and Binance) only support WeChat payment merchants accounted for 7.35%, while Alipay payment merchants accounted for 50.34%, and 60.22% of merchants support bank card transfer payment.
[Today's market analysis]
BTC fell slightly from around $ 7350 this early morning. It fell rapidly around 3:30. It briefly fell below $ 7100 and fell to a minimum of $ 7080. Then it rebounded slightly. Now BTC has returned to around $ 7150 for narrow range consolidation. The mainstream currency followed and consolidated, and both rebounded slightly after a sharp decline in the early morning hours. BTC is now reported at $ 7303.06 at LOEx Global, with a decline of 0.24% in the day.
Regarding the market, it was made clear yesterday. The current market is like a sudden illness, how can it recover so quickly. As U.S. stocks opened higher and fell back, the global capital was basically bottoming out again. The capital markets plunged a few times in the past, and the digital currency market can not being concerned only for itself. Therefore, so it is better to be cautious in this rebound.
Two months ago, people said that BCH will be halved, but today BCH is really about to be halved. Has it risen? No, the current block height is 629775, there are 225 blocks from the block height halving of 630,000. It is estimated that BCH will be halved at around 23:00 on April 8, and there is no expectation of halving the BCH. They are all concepts.
Support level: the first support level is 7200 points, the second support level is 7000 integers;
Resistance level: the first resistance level is 7400 points, the second resistance level is 7700 points.
LOEx is registered in Seychelles. It is a global one-stop digital asset service platform with business distribution nodes in 20 regions around the world. It has been exempted from Seychelles and Singapore Monetary Authority (MAS) digital currency trading services. Provide services and secure encrypted digital currency trading environment for 1 million community members in 24 hours.
Hiya folks! Long time since I shared a weekly update. Let's see if I can catch up with the latest in the next few days. Wish me luck. Here’s your week at Parachute + partners (18 Oct - 24 Oct'19):submitted by abhijoysarkar to ParachuteToken [link] [comments]
This week’s Parena saw rageagainst take home a cool 50k $PAR by beating Ryan in a quick finale battle. The ParJar Battle Royale for our newest ParJar Pilot partners was this week. A ton of fun and a lot of $PAR (and $AMGO) tipped out. The official numbers of the $AMGO airdrop is out. The event which happened few weeks back saw 27k new ParJar wallets receiving the drop. Sweet! In this week’s TTR trivias, we saw 25k $PAR given out in MrPromise’s 10 question physics quiz, folks getting bamboozled in Charlotte’s Math trivia (10Qs, 2500 $PAR each), Doc Victor’s Video Games and War quiz seeing a participation frenzy for a 25k $PAR pot for 10 questions. Plus, Benjamin hosted a 10Q, 25k $PAR pot trivia based on the 2nd edition of the Parachute Post that he wrote. Even if you didn’t win, you definitely know more about Parachute and ParJar now. Thanks Ben!
Jose is making a Parachute CS map (de_parachute). Awesome! Gamers get ready
KellyBoy won 12,500 $PAR in Jason’s first ever raffle. Another first ever this week was Jason’s #WholesomeWed initiative: participants win $PAR for writing “about what they like about where they live”. Higher tips for photos, descriptions, stories, poems. Thank you Andy, Jason, Trojak, Nico B, Jeff Crypto, Gisele, Andhrew666, Reyna, Tavo (Gustavo), Cap, Zion, Lordhades, Marcos, Evangelina, Jose, Doc Victor, Saman, Richi, Shirin, Elena, Charlotte, Borna, Gl1tch, Bose Grace, Naya, Fadlan, Hanabi, dontouchscreen, Martha, Mariuska, Maiden, Jorge, Abdul, Labyb, CF (not Crypto French :p), Rin, Annerys, Mike India, Santhi, Adrian, Alexis, Frank, Glox, Muksin, Shaq Diesel, Alanys, Daniel, Brian, Yoleidis and Alejandro for the pictures! The Parachute Treasure Hunt finally has a winner. Congratulations to Justin Tobin for winning a boatload of crypto! Also, great teamwork by Harry, Edson, Unique, Reuben, Alimam and Doc Vic for getting the 2nd position. Two-for-Tuesday is back! This time in Parachute. This week’s theme was Rap/Reggae/Reggaeton. Super fun as always, Gian!
PARachuter lunch. PAR is everywhere #PARroundings. Pic courtesy: Sebastian
aXpire announced this week that they were joining the Oracle for Startups ecosystem. This initiative helps startups grow by leveraging Oracle’s PaaS and IaaS platforms. Watch the latest weekly update from Joakim by clicking here. The weekly 20k $AXPR burn can be tracked here. The team also opened up a question form for an AMA next month. Last week, we shared that $BAT is now tradeable/spendable/sendable on 2gether. Read more about it here. The latest feature in the app allows you check price history of cryptos. Neat! Participants of the Crypto Talent competition, don’t forget to check out Salva’s video on foundations of the economy. Founding Partner Luis Estrada will be speaking on AI, Cloud and BigData at the eShow in Madrid next week. Following and chatting options are now live in the WednesdayClub dApp. Noice! The latest WandX update covers developments from the strategic front, especially how the team is navigating the challenges of cross blockchain applications and regulations vis-à-vis Dex’es. As mentioned in the previous updates, XIO will not switch to Binance Chain and will continue to remain on Ethereum. Zachary explained in detail the events that lead to the decision in this article and video. There will still be a token swap but it will be an ERC20:ERC20 token swap to filter out inactive wallets. Details on how to do the swap will be shared in future updates. The first set of XIO incubated startups are also slated to be revealed soon. If you wish to receive regular XIO mailer updates, make sure to register as a Citizen here. Uber cool gif, Jimpanze! This week’s community discussions revolved around utility vs adoption, liquidity pool on Uniswap and multi-collateral XIO.
\"First sneak peek at some conceptual UI/UX of $XIO\". Nice!
$HYDRO is now tradeable on Liquid with a $BTC and $EUR pairing. Deploying Hydrogen’s PaaS for your fintech needs could lead to massive cost savings. Read more about it here. Dedicated socials and website for the Hydro Labs were launched this week. Plus, a Turkish blog. The team travelled to Montreal for Fintech Forum Canada and to Madrid for the BBVA Open Summit. Ahead of the 2019 Fintech Awards in which Hydro is a nominee, the project was covered in an article by Benzinga. And a cool shoutout from Bank Innovation. Hydrogen is also a finalist in the Most Innovative Banking Technology Provider category of the Banking Technology Awards 2019. Woohoo! Hydro's webinar on financial wellness happened this week. The Hydro 2FA solution is now integrated in the Barginex trading platform. A sweet bugfix bounty of $10k HYDRO got scooped up within a day of announcement. Click here to catch up on the latest ongoings on the dev front at Silent Notary. Tech nerds, have a read of Sentivate founder Thomas Marchi’s thoughts on QUIC, HTTP, UDSP and have a go at his riddle while you’re around. OST’s Pepo app launched on Product Hunt and app stores this week. As influencers continue to join the platform, this week we got a chance to see Meltem Demirors, NiMA Asghari and Dennison Bertram in action on Pepo. The latest upgrade features browsable hashtags. OST Founder Jason Goldberg’s fireside chat with CryptoOracle co-founder Lou Kerner is scheduled for next week. OST-backed Pepo and Hornet are now live on State of the DApps. Ahead of the San Francisco Blockchain Week, which the team will be attending, a new bounty was released for attendees. Tons of $OST up for grabs! There’s also a cool bounty for 1k $OST for promoting your blockchain article.
With Halloween right around the corner, Hydro office decorations are on point
Click here to watch the Mycro design & development team work on the app’s processes. SelfKey’s $KEY token was listed on ETHoutlet this week. The listing will provide $KEY with an $HKD fiat on-ramp. Additionally, ETHoutlet also joined SelfKey’s Marketplace. ETHoutlet operates a Dealer Exchange (i.e. traders trade with the platform directly instead of P2P) and has a physical store where people can trade OTC by visiting the location. Want to identify an exit scam before it happens? SelfKey crew’s got your back. Check out their article to learn how. Constellation joined the Board of Advisors at the Portland State University this week as part of an accredited Business Blockchain Certificate program which is also the world’s first such university accredited program. Congratulations! BAGS token group had their 6th Bazaar Upcycle event this week. Plus, a ton of $BAGS were given away for trivia and stickers contest. The Arena Match Fall 2019 Roadmap was published. Some of the updates that will go live are – CS:GO ranked matchmaking, replacement of credits with straight cash in/out (with an optional AMGO toggle), enhanced Perks, new UI, on-demand servers etc. Lots in store! Big up to Pynk for winning the Wolves Summit Pitch Competition. Click here and here for pics from the event. Last week we talked about Pynk's feature in BlockMAG published by the Malta Blockchain Summit. Here's the full scoop. Plus, a cool shoutout from Founder Institute. P.S. Pynk is an FI alumnus.
Arena Match new dashboard prototype mockup
Birdchain announced a copywrite contest this week. Cryptowriters assemble! The team also shared its marketing roadmap. Switch partner McAfeeDex now has 10 portals live with more in line for release. The next updates will contain multi chain support + Onion portal. It is also the 37th most popular ETH-based dApp on DappRadar. Plus, a chance to win 1k $ESH. More media coverage of the McAfeeDex from Bitcoin.com, CoinTelegraph, Blockonomi, The Daily Chain podcast and BLOCKTV this week. Plus, the first decentralised IEO was launched on the Dex. If you missed Fantom’s AMA with CryptoDiffer this week, here’s the transcript to get upto speed. The latest research paper from Fantom's partners at Yonsei University talks about The Economics of Smart Contracts. Have a read when you get a moment. Uptrennd will be introducing a more robust verification system for withdrawals to ensure that the platform stays fair and keeps bad actors away. In addition to the Malta Blockchain Summit, Jeff will also be travelling to CMC’s The Capital and BlockShow this month. In case you get to meet him at these events, chances are you could win some $1UP in the process. Woot! Click here to check out the entries to the video intro contest started last week. Uptrennd now has a Subreddit as well. Starting this week, the crew will be publishing regular TA reports based on community votes. 1UP was voted for the first report. Blockport’s $BPT/$ETH trading pair was discontinued from KuCoin this week as requested by the project. The $BTC pairing will continue to operate on the exchanges. Click here to catch up on the latest district weekly from District0x.
And that’s a wrap for this week in Parachuteverse. See you again soon. Cheerio!
On January 3 2009, the genesis block of Bitcoin was created. Embedded in the coinbase of this block was the classic quote:submitted by VDSforever to u/VDSforever [link] [comments]
“The times 03/Jan/2009 chancellor on brink of second bailout for banks.”
On this day, Bitcoin officially came into this world, and 10 years later, Bitcoin and the anonymous developers behind it have become ever-lasting legends.
Speculations about the geeks’ identities have continued unabated, and so far, it is clear that Bitcoin was created by a group of people, not a single person. The group leader, codenamed Satoshi Nakamoto, is a core member of the cypherpunk group whose mission is to protect the privacy of individual humans.
Why Look for Mining Sites?
Bitcoin mining is booming today, even the retailer of mining rigs can get listed on Nasdaq in the United States. However, in the early days of Bitcoin, mining was not as popular as it is today. Only Bitcoin developers were involved. So, if you look through the addresses of the earliest on blockchain, you’ll see what’s going on with these early geeks.
On January 13, 2009, 10 days after the Bitcoin creation, a Bitcoin address starting with 1G582FH successfully completed a block and obtained 50 Bitcoin as a reward. Since then, this Bitcoin address has never welcomed any new mining revenue, and that 50 Bitcoin remain untouched, even when the price of Bitcoin skyrocketed to about $10,000, still no record of transfer. We can assume that the owner of this address is one team member of the early BTC dev team.
On February 15 2019, one day after Valentine’s Day. This address (starting with 1G582FH) imported its private key into a wallet of VDS, initiated its Genesis VID (aka a personal account of VDS user), and continued to use the wallet from time to time in the following months. Till now, his VID account is still in active usage.
What is VDS? What’s in it for the BTC dev team?
Perhaps it is because VDS has reopened the channel for anonymous transactions, pushing the decentralized transaction to a new level. Or because the underlying technology of VDS is road-ready, to perfectly integrate all advanced blockchain technologies on the market into a complete community with a high degree of autonomy. Or, because VDS utilizes blockchain technology to integrate inter-personal networking, provide users with comprehensive access to information privacy, and fuse together interpersonal relationships with business architecture, giving cryptocurrency a new application model.
Bitcoin has managed to decentralize the transfer of money freely. Unfortunately, centralized institutions are still trying their best to set restrictions. VDS’s unique one-way BTC to Vollar exchange, aka resonance technology, is combined with the anonymous trading technology of zero-knowledge proof, has set off directly to the freedom of wealth. Bitcoin users only need to import the private key of Bitcoin into VDS wallet to generate a VDS address with the same set of private key, convert Bitcoin to Vollar through Resonance trade, and then regain privacy and freedom of wealth through the anonymous means of zero-knowledge proof. Bitcoin users are also allowed for OTC transactions in exchange for any world currency at any time through the anonymous network in their wallet, to realize anonymous, barrier-free currency exchange in a real sense. After a series of operations, the privacy and freedom of your wealth is obtained.
In addition to Resonance Trade and anonymous transaction, VDS is also a dual wallet of both BTC and Vollar, with functions such as secret chat, decentralized exchange, VAD, super master node, VID fission, smart contract, etc. It has opened a new era of multi-functional and multi-dimensional blockchain, under the premise of decentralization.
VID is the proof of identification and passport in the ecology of VDS. A Genesis VID is the source point where VIDs originated from. A BTC user only need to import the private key of BTC address with more than 0.1 Bitcoin on it so as to obtain a Genesis VID. With a Genesis VID, you’re accessible to create a brand-new interpersonal network of high-level privacy, and build your own financial empire under this financial model.
The original intention of Bitcoin is to explore decentralized finance. The advent of VDS has endowed cryptocurrency with circulation demands and application scenarios. On the road back to Bitcoin privacy, VDS has explored diversity of cryptocurrency circulation, broken through the bottleneck of crypto industry where it is difficult to find application demands, and provided a feasible path for more people who value privacy.
submitted by pchain_org to Pchain_Org_Official [link] [comments]
New York/Beijing, November 4, 2019 — PCHAIN, a multi-chain system with built-in support for EVM to making large-scale blockchains possible, and Ferrum Network, a high-speed interoperability network for real-world financial applications, have announced a partnership to expand global reach and increase utility of their token ecosystems.
PCHAIN is the world‘s first native multi-chain system supporting EVM, with original PDBFT algorithm, unified knowledge graph and a smart data oracle mechanism. PCHAIN is committed to support non-native token smart contract calls and improving blockchain performance. PCHAIN makes large-scale industrial applications of blockchain smart contracts possible.
Ferrum Network is a high-speed interoperability network that enables the management, transaction and exchange of any digital asset without taking custody of those assets. Built on a DAG (Directed-Acyclic Graph), Ferrum is faster, less costly and more scalable than traditional blockchains. Ferrum’s high-speed interoperability network supports financial applications such as a fiat gateway and an advanced non-custodial cryptocurrency wallet designed to empower millions of people around the world.
PCHAIN’s strong presence in China, live main net, and membership in the Binance Chain network of projects aligns perfectly with Ferrum Network’s plans to expand into new markets, launch a Chinese version of its non-custodial UniFyre Wallet, and demonstrate commitment to the Binance Chain/DEX ecosystem.
PCHAIN and UniFyre WalletUniFyre Wallet is a non-custodial wallet that will enable risk-free OTC trades that eliminate the need for middlemen like escrow agents. With UniFyre’s risk-free OTC feature, users will be able to exchange PI over-the-counter for any other asset in using Ferrum’s advanced OTC function.
PCHAIN and Ferrum Network’s Interoperability ProtocolFerrum Network’s is developing am interoperability protocol that can connect to any blockchain, allowing users to exchange and transact any asset in milliseconds for near-zero fees.
By integrating with Ferrum’s interoperability network, PI tokens will easily accessible within the UniFyre Wallet (non-custodial wallet with advanced features like risk-free OTC trading), Infinity DEX (high speed cross-chain DEX) and Sub-Zero Wallet (ultra secure cold storage app).
This integration will unlock value for the PI token, increase utility for the FRM token, and introduce a high-quality digital asset into the Ferrum Network ecosystem.
PCHAIN and Ferrum Network’s Chinese ExpansionLeveraging their strong presence in China, PCHAIN will assist Ferrum Network’s expansion into this crucial market as Ferrum launches a Chinese version of the UniFyre Wallet and its other products. And by hosting the PI token, UniFyre Wallet will be able to reach millions of additional users.
“We look forward to working with PCHAIN as we continue expand into the Asian markets, said Ian M. Friend, Esq., Co-Founder of Ferrum Network.
“Ferrum Network is the kind of project that PCHAIN likes to support — one with useful products that can provide real benefits to our users. We are excited to bring this partnership for the benefit of our community,” said Dr. Jeff Cao, PhD, Founder of PCHAIN.
About Ferrum Network
Ferrum Network is a blockchain-based FinTech company bringing world-class financial products to emerging markets. Ferrum’s high-speed interoperability network supports financial applications such as fiat gateways, non-custodial wallet, and cold-storage application designed to empower millions of people around the world by giving them control of their financial lives. For more information, visit https://ferrum.network.
Ferrum Network Links:
Bitcoin Talk: http://bitcointalk.ferrum.network
PCHAIN, the Super-Ethereum, is the largest scale native EVM multichain system in the world, which can support 256 child chains across continents with 180K TPS and confirm transaction in seconds. PCHAIN is the first public chain investment in Asia Pacific by Google incubator Plug & Play. Meanwhile, it has received strategic investment from more than 40 top-level global funds such as FBG, Torque, QUESCHAIN, Node Capital, LD Capital, JRR and Block VC, etc. PCHAIN was founded by renowned senior experts including the first inventor of international blockchain patent in China, a Singapore Presidential Awards winner and a National “Thousand People Plan”professor. It’s designed to make large scale blockchain applications possible. At present, PCHAIN has achieved strategic cooperation with many Fortune 500 companies.
You can follow PCHAIN below
Telegram 1, Telegram(Chinese Community) Telegram(Russian Community), Telegram(Spanish Community) Telegram(Germany Community), Telegram (French Community) Telegram (Vietnam Community), Telegram (Japanese Community) Telegram Announcement Channel Twitter, Reddit， FoundeCEO’s Twitter
Lucky for us, the exchange market is not the only way to buy and sell bitcoin and cryptocurrencies: the OTC market is where the big volumes change hands every single day. High net-worth individuals, financial institutions and enterprises conduct deals that are worth millions each and every single day. An over-the-counter (OTC) exchange of local currency for bitcoins (BTC). Imagine an online bazaar, with sellers and buyers hawking over how much each bitcoin is worth in a certain currency. You can find anywhere from hundreds to thousands of dollars worth of BTC, and pay via Venmo, Western Union, Amazon Gift Cards or even in-person meetups. Yes, you can pay for your bitcoins in-person ... A guide to Bitcoin OTC Trading that helps to understand what is Bitcoin OTC Trading and can help you to start Bitcoin OTC Trading as a Business. Definition of OTC. OTC or Over the counter market is a decentralised market for unlisted securities, not having a specific physical location, rather the firms/persons involved in trading directly negotiate over a communication network such as telephone lines, emails, computer terminals, etc. Trading Over the counter is also called off-exchange trading, because of the absence of a formal exchange. If you thinking to launch a bitcoin exchange website is not an effortless process. The development of your bitcoin exchange platforms takes a lot of time sessions. Simple any entrepreneur can hire a blockchain developer to build your bitcoin exchange platform. Are you can buy a bitcoin exchange script to start a bitcoin exchange platform like ...
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