Things you need to know about Bitcoin Black

What is Bitcoin Black?

Bitcoin Black is basically a cryptocurrency for people, from people to people. It will be adopted for use as an equal payment system that restores people’s power.

If we talk about bitcoin, bitcoin has failed, the real value comes from the actual use of the ecosystem and the empowerment of people. Bitcoin transactions are slow and expensive and it can be said that bitcoin is somewhat centralized. Bitcoin takes away people’s power because it is also heavily manipulated through cycles that discourage cryptocurrency participants in general.

People buy bitcoins to get rich, not to participate in the ecosystem. The one percent elite is taking advantage of bitcoin and creating discouragement, strategically raising the price and attracting entry into the dream of wealth and tossing coins in their favor. In fear of adoption. Bitcoin is completely controlled, pumped and manipulated at will for many different reasons.

Bitcoin Black is focusing on solving these problems, as the coin is a cryptocurrency with a fair distribution. Airdropped up to 1 million portfolios before EMI, with all funds going to community-voted community groups to move the project forward with a focus on equitable distribution, mass acceptance, usability, education, easy access, simplicity and community.

The goal is to become a real decentralized autonomous network, restoring people’s power. He does not belong to a group, but he belongs to many branches of the community.

Coin distribution

Bitcoin Black aims to have an air release of at least 1 million portfolios initially with no more than 0.5% of the supply owned by 1 founding member, making it a truly decentralized cryptocurrency.

The project has a pre-sale of 2.5% of the total supply, which is almost 900 million coins.

If we take a look at IEO, 7.2 billion IEO coins will be distributed to several community foundations that will help the community move the project forward in the future.

Counter-means of manipulation (about 5%). Part used for the Stability Control Fund to eliminate the possibility of early manipulation at small volumes and to maintain the stability of the currency.

Finally, the rewards from the introduction of the application will be 14.4 billion coins.

Introducing 30 million members with an increase in the percentage of new users. Method of depositing the coin in each schoolyard / university / workplace and community.

Total supply

The maximum supply is 36 billion coins.


3.6 billion coins will be requested from members who help share Airdrop.

A simple one-click social sharing platform. Share a social message that provides an introduction to encrypted video and a download link for the app that will allow your friends to download it. The platform is currently active and functioning well.


The best innovation is free transactions. You can send bitcoin black to anyone for free. Transactions are instant and you can send money as easily as a message.

The wallets are easily accessible and very easy to use.


Black bitcoins have a fair mass-distributed currency with a wide distribution of supply, which will create less volatility through synchronized pumps and discharges and lead to a more stable price. The black bitcoin will be the next bitcoin. You can sign up for airdrop by clicking here. I wish someone had included me in the bitcoin airdrop back in 2008. Bitcoin Black will change lives and we want to say this as much as possible.

History of the cryptocurrency

The advent of cryptocurrency is already interfering in our daily transactions. Cryptocurrency is a digital asset that exists in the crypto world, and many call it “digital gold”. But what exactly is a cryptocurrency? You must be wondering.

It is a digital asset designed to be used as a medium of exchange. It is clear that this is a close substitute for money. However, it uses strong cryptography to secure financial transactions, verify the transfer of assets and control the creation of additional units. The entire cryptocurrency is either a virtual currency, a digital currency or an alternative currency. It should be noted that all cryptocurrencies use a decentralized control system, unlike the centralized systems of banks and other financial institutions. These decentralized systems operate through distributed book technology that serves a public financial database. A blockchain is usually used.

What is a blockchain?

This is an ever-growing list of records that are linked and protected using cryptography. This list is called blocks. A blockchain is an open, distributed register that can be used to record transactions between two parties in a way that is verifiable and permanent. To enable a block to be used as a distributed register, it is managed by a peer-to-peer network that collectively adheres to a new block validation protocol. Once the data is saved in any book, it cannot be changed without changing all the other blocks. Therefore, blockchains are design-protected and also act as an example of a distributed computing system.

The history of cryptography

David Chaum, an American cryptographer, discovered anonymous cryptographic electronic money called ecash. This happened in 1983. In 1995, David implemented it through Digicash. Digicash was an early form of cryptographic electronic payment that required user software to retrieve bank notes. It also allows the identification of specific encrypted keys before they are sent to a recipient. This feature allows the digital currency to be untraceable by the government, the issuing bank or a third party.

After intensified efforts in the following years, Bitcoin was created in 2009. It was the first decentralized cryptocurrency and was created by Satoshi Nakamoto, a pseudonym developer. Bitcoin uses SHA-256 as its cryptographic hash function. Since the release of bitcoin, the following cryptocurrencies have been released.

1. Namecoin (April 2011)

2. Litecoin (October 2011)

3. Peercoin

These three coins and many others are called altcoins. The term is used to denote alternatives to bitcoin or simply other cryptocurrencies.

It is also mandatory to note that cryptocurrencies are exchanged over the Internet. This means that their use is mainly outside the banking systems and other government institutions. Cryptocurrency exchanges involve the exchange of cryptocurrency with other assets or other digital currencies. Conventional fiat money is an example of an asset that can be traded in cryptocurrency.

Atomic swaps

They refer to a proposed mechanism in which one cryptocurrency can be exchanged directly with another cryptocurrency. This means that nuclear swaps will not require the participation of a third party in the exchange.

How to get $ 10 free bitcoins, easy and simple

By now, you’ve probably heard of bitcoin – there are stories of people making thousands of dollars overnight with this and other cryptocurrencies.

Like any new speculative investment, there is an element of risk. That’s why starting with a free $ 10 bitcoin is a good way to try it out and start learning how it all works. I myself am still new to all this and came across this process during my research. It helped me, so I decided I needed to share it with you.

The first thing you need to know about buying bitcoin is that there are a few basic ways to buy it and it’s not that complicated to do.

The two main ways to buy bitcoin are through a broker or through an exchange. Check out the Coinbase exchange – they are one of the largest exchanges, have a clean and easy-to-understand interface, are available from applications on various mobile and computer platforms and offer you $ 10 free bitcoins to get started. There are other exchanges I’ve tried that work well – BTCMarkets and Coinspot, to name a few that are good – but only Coinbase has a $ 10 starting bonus.

An additional advantage of Coinbase is that it works locally in multiple currencies – if you are in Australia, for example, all your data will be displayed in Australian dollars, so you do not have to keep up with exchange rates and the like.

It is also worth mentioning that bitcoin is not the only cryptocurrency that Coinbase works with – you can also buy Etherium (ETH), Bitcoin Cash (BCH) or LiteCoin (LTC) – whatever currency you choose to use, always you can still get $ 10 from free bitcoin.

Without further ado, here’s how to get your free $ 10 bitcoin:

1) Sign up for Coinbase (the link at the bottom of this article will make you qualify for the $ 10 bonus)

2) Complete the account setup process, including verifying your email address, phone number and uploading proof of your ID card (driver’s license, passport or other photo ID) – this can be done by taking a photo with your phone )

3) Enter your credit card details and verify the card by reviewing the transactions that Coinbase will add to your online banking statement (this is instant and free of charge)

4) Order $ 100 for bitcoins, etherium – whatever – in your currently activated account. If your local currency is not US dollars, you will need to make sure you order the equivalent of US $ 100.

*** IMPORTANT NOTE: All bitcoin purchases are paid and Coinbase is no different. IN mostyour initial purchase fee of $ 100 should be around $ 4 ***

5) That’s it! In a few days, the $ 10 bitcoin will appear in your Coinbase account – even when you deduct the purchase fee, you’re still ahead.

So, if you are curious about bitcoin, want to dip your toe without risk and want to get some free money (!) During the process, try this. The bitcoin bonus more than covers your fees for this first deposit and can help you learn what it’s all about.

Sound good?

Some recent notes:

• This process will only work if you are a new Coinbase customer. If you already have an account, you will not receive the free credit

• You can only get the free $ 10 if you sign up via the link below.

• The above offer is limited in time – once you create your account through the link, you have 180 days in which to make the purchase of bitcoin, lightcoin or etherium worth $ 100 and still get a loan of $ 10.

I hope you have a prosperous and happy future with bitcoin and take advantage of the free $ 10. Free money doesn’t show up every day, and with the rate at which bitcoin has grown recently, $ 10 can multiply pretty quickly! My plan is to just sit on $ 110 for a while, see what happens, and feel the ups and downs of bitcoin. Let’s see how we go.

A quick but thorough comparison between gold and bitcoin

Quick comparison between cryptocurrency, gold and bitcoin

In some places, gold seems to be more important in the financial world. On the other hand, some people are beginning to see bitcoin as a valid method of holding back our savings.

This allows us to shop and make other daily transactions. For average users, bitcoin and other cryptocurrencies seem to provide a suitable alternative. It is probably a good time to compare gold and bitcoin and Ethereum (another cryptocurrency).

People have used gold as a currency for millennia; while Bitcoin has only been around for a little over a decade. Although the concept has undergone some maturation, gold still has a comprehensive impact on the market. Bitcoin promises continuous improvements in convenience, security and functionality. Experts compare the current state of bitcoin with the Internet in the early and mid-90s. Proponents of bitcoin say almost all gold-related achievements have already taken place, as evidenced by the widespread adoption of all kinds of physical gold bars thousands of years ago. In fact, some acquisitions of companies are made using gold as currency. They simply do not believe that the government will not enter into hyperinflation.

The idea of ​​gold against bitcoin is an important argument that is worth postponing. Instead of choosing one of them; many of us would prefer to use a combination of them to take advantage of everyone’s better qualities. In fact, we have seen coexistence between bitcoin and gold, in the form of “cassation coins. This is the first case of bitcoin and gold to come together and will not be the last.

Another cryptocurrency Ethereum is $ 1,549.00. They are usually best dug with Raedon x 5 or 6 graphics cards placed on racks for optimal organization. Lan cables allow him to dig at high speed to profit from energy consumption.

Paper money is our decision to improve circulation, and gold is the decision of our ancestors to preserve the value of currency. The metal is less affected by inflation because it is much more expensive than paper or other cheap metals. And cryptocurrency is the new technological equipment that provides reliability during transactions, with the timelessness and precision of a Swiss watch.

Despite criticism, bitcoin and other cryptocurrencies will continue to appeal to many because of their distinctive advantages, especially compared to conventional currencies such as paper money, which are inflated and often lost, spent or stolen.

It is based on instant, direct P2P (peer-to-peer) transactions to avoid completely cumbersome and expensive electronic payment systems. Over time, investors will find that bitcoin provides better value storage than any serially printed flat currency.

The Bitcoin protocol places a limit on the amount of bitcoins available at one time. There will always be 21 million bitcoins, and at times the system seems fairer than the US dollar. With bitcoin and other cryptocurrencies, consumers could gain increased financial privacy; although there are fears that the government will quietly join the system of constant financial monitoring.

What cryptocurrencies is good to invest in?

This year, the value of bitcoin has jumped even over an ounce of gold. There are also new cryptocurrencies on the market, which is even more surprising, bringing the value of cryptocurrencies to more than one hundred billion. On the other hand, the long-term outlook for cryptocurrency is somewhat blurred. There are quarrels about the lack of progress among the main developers, which makes it less attractive as a long-term investment and as a payment system.


Still the most popular, bitcoin is the cryptocurrency that started it all. It currently has the largest market capitalization of about $ 41 billion and has existed for the past eight years. Bitcoin is widely used around the world and it is not easy to take advantage of the weakness of the method it works with. Both as a payment system and as a stored value, bitcoin enables users to easily receive and send bitcoins. The blockchain concept is the foundation on which bitcoin is based. It is necessary to understand the concept of blockchain in order to understand what cryptocurrencies are.

Simply put, a blockchain is a database distribution that stores each network transaction as a block of data called a “block”. Every user has blockchain copies, so when Alice sends 1 bitcoin to Mark, everyone on the web knows.


An alternative to bitcoin, Litecoin is trying to solve many of the problems that hold bitcoin. It is not as sustainable as Ethereum, and its value is derived mostly from the acceptance of solid users. It is worth noting that Charlie Lee, a former Google employee, runs Litecoin. He also practices transparency with what he does with Litecoin and is quite active on Twitter.

Litecoin was Bitcoin’s second fiddle in a long time, but things started to change in early 2017. First, Litecoin was adopted by Coinbase along with Ethereum and Bitcoin. Litecoin then fixed the bitcoin problem by adopting Segregated Witness technology. This gave him the capacity to reduce transaction fees and do more. The deciding factor, however, was when Charlie Lee decided to put his only focus on Litecoin and even left Coinbase, where he was engineering director, for Litecoin alone. As a result, the price of Litecoin has risen over the past few months, with the strongest factor being the fact that it could be a real alternative to Bitcoin.


Vitalik Buterin, a superstar programmer, invented Ethereum, which can do everything Bitcoin can do. However, its main purpose is to be a platform for building decentralized applications. Blockchains are where the differences between the two lie. In principle, the bitcoin blockchain records a type of contract that specifies whether funds have been moved from one digital address to another. However, there is a significant extension with Ethereum, as it has a more advanced language script and has a more complex and wider range of applications.

Projects began to emerge on Ethereum when developers began to notice its better qualities. Through the crowd selling symbols, some have even raised millions of dollars, and this is still a trend even today. The fact that you can create wonderful things on the Ethereum platform makes it almost like the Internet itself. This has caused the price to rise sharply, so if you buy Ethereum for $ 100 earlier this year, it won’t be valued at nearly $ 3,000.


Monero aims to solve the problem of anonymous transactions. Even if this currency is perceived as a method of money laundering, Monero seeks to change that. In general, the difference between Monero and Bitcoin is that Bitcoin has a transparent blockchain, with each transaction being public and recorded. With bitcoin, everyone can see how and where the money was transferred. However, there is some somewhat imperfect anonymity about bitcoin. In contrast, Monero has a non-transparent rather than transparent transaction method. No one is completely sold on this method, but since some people love privacy for any purpose, Monero is here to stay.


Unlike Monero, Zcash also aims to solve the problems that Bitcoin has. The difference is that instead of being completely transparent, Monero is only partially public in its blockchain style. Zcash also aims to solve the problem of anonymous transactions. After all, not everyone likes to show how much money they actually spent on Star Wars souvenirs. Therefore, the conclusion is that this type of cryptocurrency does have an audience and demand, although it is difficult to determine which cryptocurrency that focuses on privacy will eventually come out on top.


Also known as the “smart token”, Bancor is the next generation standard for cryptocurrencies that can hold more than one token in reserve. In principle, Bancor seeks to facilitate the trading, management and creation of tokens by increasing their level of liquidity and allowing them to have a market price that is automated. Bancor currently has a front-end product that includes a wallet and smart token creation. The community also has features such as statistics, profiles and discussions. In short, the Bancor protocol allows the discovery of a built-in price as well as a liquidity mechanism for smart contract tokens through an innovative reserve mechanism. With a smart contract, you can immediately liquidate or purchase one of the tokens in the Bancor reserve. With Bancor you can create new cryptocurrencies with ease. Now who wouldn’t want that?


Another competitor to Ethereum, EOS promises to solve the problem of scaling Ethereum by providing a set of tools that are more stable to run and build applications on the platform.


An alternative to Ethereum, Tezos can be upgraded by mutual consent without too much effort. This new blockchain is decentralized in the sense that it is self-governing by creating a real digital community. It facilitates a mathematical technique called formal verification and has features to increase the security of the most financially weighted, sensitive smart contract. Definitely a great investment in the coming months.


It is incredibly difficult to predict which bitcoin on the list will become the next superstar. However, consumer acceptance has always been a key success factor when it comes to cryptocurrencies. Both Ethereum and Bitcoin have this, and even if there is strong support from the early adopters of each cryptocurrency on the list, some have not yet proven their resilience. Nevertheless, these are the ones you need to invest in and be careful about in the coming months.

Should bitcoin replace the currency of central banks?

Distinction between bitcoin and central bank currency

What is the difference between an authorized central bank currency and bitcoin? The bearer of a currency authorized by the central bank can simply trade it for the exchange of goods and services. The owner of bitcoins cannot trade it because it is a virtual currency that is not authorized by the central bank. However, bitcoin holders may be able to transfer bitcoins to another account of a bitcoin member in exchange for goods and services and even currencies authorized by the central bank.

Inflation will reduce the real value of the bank currency. Short-term fluctuations in the demand and supply of bank currency in the money markets affect the change in the price of loans. However, the face value remains the same. In the case of bitcoin, its face value and real value change. We have recently witnessed the split of bitcoin. It’s like splitting stocks on the stock market. Companies sometimes divide shares into two, five or ten depending on market value. This will increase the volume of transactions. Therefore, while the intrinsic value of a currency decreases over a period of time, the intrinsic value of bitcoin increases with increasing demand for coins. Therefore, the accumulation of bitcoins automatically allows a person to make a profit. In addition, the original bitcoin holders will have a huge advantage over other bitcoin holders that entered the market later. In this sense, bitcoin behaves as an asset whose value increases and decreases, as evidenced by its price volatility.

When the original producers, including the miners, sell bitcoin to the public, the money supply decreases in the market. However, this money does not go to central banks. Instead, it goes to several people who can act as a central bank. In fact, companies are allowed to raise capital from the market. However, they are regulated transactions. This means that as the total value of bitcoins increases, the bitcoin system will have the power to interfere in the monetary policy of central banks.

Bitcoin is highly speculative

How to buy bitcoin? Of course, someone has to sell it, sell it for a value, a value determined by the bitcoin market and probably by the sellers themselves. If there are more buyers than sellers, then the price goes up. This means that bitcoin acts as a virtual commodity. You can store them and sell them later for profit. What if the price of bitcoin falls? Of course, you will lose your money just as you lose money in the stock market. There is another way to acquire bitcoin by digging. Bitcoin mining is the process by which transactions are checked and added to the public ledger, known as the black chain, as well as the means by which new bitcoins are launched.

How liquid is bitcoin? Depends on the volume of transactions. In the stock market, the liquidity of shares depends on factors such as the value of the company, free trading, supply and demand, etc. In the case of bitcoin, free movement and demand seem to be the factors that determine its price. The high volatility of the bitcoin price is due to less free navigation and higher demand. The value of the virtual company depends on the experience of their members with bitcoin transactions. We can get helpful feedback from its members.

What could be a big problem with this transaction system? No member can sell bitcoin without one. This means that you must first acquire it by auctioning for something valuable that you own, or by digging for bitcoin. Much of this valuable stuff eventually goes to someone who is the original bitcoin seller. Of course, a certain amount of profit will certainly go to other members who are not the original producer of bitcoins. Some members will also lose their values. As the demand for bitcoin increases, the original seller may produce more bitcoins, as is done by central banks. As the price of bitcoin increases in their market, start-ups can slowly put their bitcoins into the system and make huge profits.

Bitcoin is a private virtual financial instrument that is not regulated

Bitcoin is a virtual financial instrument, although it does not meet the requirements for a full-fledged currency, nor does it have legal sanctity. If bitcoin holders set up a private tribunal to resolve their problems arising from bitcoin transactions, then they may not have to worry about legal sanctity. Thus, it is a private virtual financial instrument for an exceptional range of people. People who have bitcoins will be able to buy huge amounts of goods and services in public space, which can destabilize the normal market. This will be a challenge for regulators. The inaction of regulators could create a new financial crisis, as happened during the 2007-08 financial crisis. As usual, we cannot judge the tip of the iceberg. We will not be able to predict the damage it may cause. It is only at the last stage that we see all the work, when we are unable to do anything but an emergency exit to survive the crisis. We’ve been experiencing this since we started experimenting on things we wanted to be in control of. We succeeded in some and failed in many, but not without casualties. Do we have to wait until we see everything?

Will crypto-based e-commerce destroy the dinosaur-style banking industry?

Banking as we know it, has existed since the first currencies were minted – perhaps even before, in one form or another. Currency, especially coins, grew out of taxation. In the early days of the ancient empires, the annual taxation of a pig may have been reasonable, but with the expansion of empires, this type of payment became less desirable.

However, after the situation with Covid, it not only seems that we have moved to a “cashless” society (as who wants to handle potentially “dirty money” in a store) and “contactless” levels of credit card transactions have now increased to £ 45, and now even small transactions accepted, such as a daily newspaper or a bottle of milk, are paid for by card.

Did you know that there are already over 5,000 cryptocurrencies in use and Bitcoin stands out from this list? Bitcoin, in particular, has a very volatile trading history since it was first created in 2009. This digital cryptocurrency has seen a lot of action in its relatively short life. Initially, bitcoins were traded for almost nothing. The first real increase in price occurred in July 2010, when the valuation of bitcoin went from about $ 0.0008 to about $ 10,000 or more per coin. Since then, this currency has undergone some major ups and downs. However, with the introduction of so-called “stable” coins – those backed by the US dollar or even gold – this volatility in cryptocurrency can now be brought under control.

But before we explore this new form of crypto-based e-commerce as a method of controlling and using our assets, including our FIAT currencies, let’s first look at how banks themselves have changed over the last 50 years or so.

Who remembers the good old checkbook? Before bank debit cards appeared, in 1987, checks were the main way to transfer assets to others in commercial transactions. Then, with bank debit cards, along with ATMs, the acquisition of someone’s FIAT assets became much faster for online commercial transactions.

The problem that has always been with banks is that most of us needed at least 2 personal bank accounts (current account and savings account) and one for each business we owned. Besides, trying to move money from your bank account “quickly” to say a destination abroad was something like SWIFT!

The other issue was price. Not only did we have to pay a regular service fee to each bank account, we also had a huge fee for each transaction and, of course, in very rare cases we would not receive any interest on the money in our Current Account.

on top of that, Overnight Trade every night using expert financial traders (or, later, artificial intelligence (AI) trading systems, all OUR assets will also be traded with economies of scale, banks became a big winner on our assets – but not us! Explore the potential business that can be done by OVERNIGHT Trading.

So, to sum up, banks not only charge a huge fee for storing and moving our assets through the use of smart trading techniques, but they also make solid profits from trading our money over the Overnight chain, which we don’t see as a benefit.

The other point is – do you trust your bank with all your assets?

How about what the Bank of Scotland, which was the Scottish National Bank now owed to the Lloyds Banking Group, was recently told in a press release in September that said “Lloyds Bank asset fraud – the most serious financial scandal of our time. “

Why not Google this website and then make a decision?

So let’s now look at how a crypto-based e-commerce system should work and how the benefits that banks have enjoyed with OUR money can become a major profit center for asset holders – the US!

10 years oldyou October 2020 launches a large new e-commerce company based on crypto – FREE.

In short, Switzerland-based FreeBay is a company that includes its own blockchain technology, with its own SAFE cryptocurrency (based on V999 technology) and allows its members to transfer their FIAT assets to gold bars, eliminating the need to include any BANK.

V999: digital gold authorized by the blockchain; digital token backed by physical gold V999 Gold (V999) is a digital asset. Each token is supported by one tenth of a fine gram gold bar stored in vaults. If you own a V999, you own the main physical gold in custody. In addition, FreeBay members can purchase packages that include powerful automated robots based on intelligence.

So now you can not only achieve complete independence from the standard BANK, but you can also trade, as banks, with your digital gold assets, in the form of V999 Crypto tokens, in OVERNIGHT systems, only now do you, the asset holder, receive the prizes, not the banks.

But there is another big advantage in trading V999 tokens. As you would be Generic owner of the token, so, like banks, every time a V999 token is traded (ie sold), say, to buy bitcoin or another cryptocurrency, a transaction fee is charged. Each time a transaction is made, the general owner of the V999 token receives a small percentage of that fee.

Note that once a V999 token is traded and sold in exchange for bitcoin or another cryptocurrency, a small% of that transaction fee is paid to GENERIC OWNER of this token (ie YOU). Because Freebay’s goal is to make the V999 token one of the most sought after secure crypto coins, even after your token has been sold to another merchant, as you are still Generic owner of the V999 tokenwhen this token is traded by another trader, you are – The general owner of this token, who receives a payment of the Trading Commission.

This can not only create great Passive income for you, for life, but subordinate to your descendants – not a conventional bank involved anywhere.

So, the more V999 tokens you buy and put into circulation, the bigger and better your residual income – not just for the rest of your life, but probably for your addicts as well – can become a reality.

Interested enough to learn more? Then click here.

What you need to know about cryptocurrency trading bots

Is cryptocurrency of particular interest to you? Are you looking forward to learning more about the tools that will allow you to make the best deals? So, it is better to slap your eyes on cryptocurrency trading bots. Sounds curious, doesn’t it? In an era where bots seem to be used almost everywhere, it’s no surprise that they’ve even been used in cryptocurrency trading. Let’s find out more about these bots and clarify the key aspects.

Cryptocurrency trading bots (or cryptocurrencies) are computer programs that allow you to buy and sell cryptocurrencies at the right time. They strive to bring profit to their customers and ensure that they will have an advantage in the long run. Bots closely monitor market conditions and execute transactions based on predefined algorithms. It should also be emphasized that you are free to set your own parameters that will contribute to the execution of various transactions. This type of software is able to respond almost a thousand times faster than a human – therefore its operational efficiency is excluded.

Crypto trading bots can be divided into many types. Among them you can find bots following trends, arbitrage bots and scalping bots. However, according to, the most popular are arbitrage bots.

Trend bots are useful if you focus mainly on trends after you are in the process of building your strategies. These bots are able to follow trends and decide when it is profitable to buy and / or sell something.

Scalping programs make it easier for their users to work more efficiently in side markets. This means that “scalpers” (as these consumers are often called) manage to buy something at a low price and resell it at a higher bargain price.

As for the arbitrage bots, they are designed to make profits by checking the prices of multiple exchanges and therefore take advantage of price discrepancies.

Once or if you have decided to try to implement cryptocurrency trading bots in practice, then you need to consider which of them will be able to meet the needs of your business. Note that all bots have different software and hardware requirements. Consider all aspects before making a decision.

Once all the formalities are settled, you can proceed to the installation procedure. In fact, you can get a trading bot by using one of the 3 options below:

  • Get it for free through an open source platform;

  • Get a paid version of a licensed bot;

  • Create a trading bot (provided you have enough technical knowledge and skills).

After processing all the details above, you have probably formed an opinion about crypto trading bots. Still, let’s summarize all the advantages they have over people.

  • Speed: without a doubt, bots run a hundred times faster than humans

  • Durability: bots can run 24/7 without interruption

  • Capacity: bots are able to process gigabytes of data per second

  • 100% objectivity: bots are not prone to any emotions. They just do what is required of them.

However, many experts say that some cases require subjective thinking and thus people can surpass heartless bots. But these are individual cases and given that bots offer so many great opportunities, you will certainly be better off once you give them priority.

As you can see, cryptocurrency trading bots are really useful and multifunctional, which allows you to generate a lot of profit. Just keep in mind that to give them a full game, it is strongly recommended to look in detail at the specifics of bots. And then you have every chance to stand up to take advantage of this ingenious technology.

6 Benefits of investing in cryptocurrencies

The birth of bitcoin in 2009 opened the door to opportunities to invest in an entirely new type of asset class – cryptocurrency. They entered space very early.

Intrigued by the huge potential of these emerging but promising assets, they bought crypto at cheap prices. As a result, during 2017, they became millionaires / billionaires. Even those who did not gamble reaped decent profits.

Three years later, cryptocurrencies are still profitable and the market is here to stay. Maybe you are already an investor / trader or maybe you are considering trying your luck. In both cases, it makes sense to know the benefits of investing in cryptocurrencies.

Cryptocurrency has a bright future

According to a report entitled Imagine 2030, published by Deutsche Bank, credit and debit cards will become obsolete. Smartphones and other electronic devices will replace them.

Cryptocurrencies will no longer be seen as exiles, but as alternatives to existing monetary systems. Their advantages, such as security, speed, minimum transaction fees, ease of storage and relevance in the digital age, will be recognized.

Specific regulatory guidelines will promote cryptocurrencies and increase their acceptance. The report estimates that there will be 200 million users of the cryptocurrency portfolio by 2030 and almost 350 million by 2035.

Opportunity to be part of a growing community

#IndiaWantsCrypto on WazirX the campaign recently ended 600 days ago. This has become a mass movement supporting the adoption of cryptocurrencies and blockchain in India.

Also, a recent Supreme Court ruling lifting RBI’s 2018 ban on cryptocurrency has sparked a new surge of confidence among Indian investors in bitcoin and cryptocurrencies.

The Edelman Trust Barometer report for 2020 also points to people’s growing faith in cryptocurrencies and blockchain technology. According to the findings, 73% of Indians trust cryptocurrencies and blockchain technology. 60% say that the impact of the cryptocurrency / blockchain will be positive.

As a cryptocurrency investor, you are part of a thriving and fast-growing community.

Increased profit potential

Diversification is a basic rule for investment. Especially in these times, when most of the assets have suffered heavy losses due to economic difficulties caused by the COVID-19 pandemic.

While bitcoin investments have given a 26% return since the beginning of the year, gold has returned 16%. Many other cryptocurrencies have registered three-digit ROI. Stock markets, as we all know, are reporting grim results. Crude oil prices fell below 0 in April.

Including bitcoin or other cryptocurrencies in your portfolio would protect the value of your fund in such uncertain global market situations. This fact was also impressed by the manager of the macro hedge fund billionaire Paul Tudor Jones, when a month ago he announced plans to invest in bitcoin.

Cryptocurrency markets are at 24X7X365

Unlike conventional markets, cryptocurrency markets operate around the clock, all days of the year without fatigue. This is because digital currency systems are essentially designed using pieces of software code that are protected by cryptography.

The operational plan does not involve human intervention. So you are free to trade cryptocurrencies or invest in digital assets whenever you want. This is a great benefit! Thus, cryptocurrency markets are very efficient.

For example, Bitcoin has successfully processed transactions with 99.98% uptime since its inception in 2009.


No documents or formalities are required

You can invest in bitcoin or other cryptocurrency anywhere and anytime without any unnecessary terms and conditions.

Unlike conventional investment options, which require an absurdly large amount of documentation to prove yourself as an “accredited investor”, crypto-investing is free for everyone. In fact, this was the goal behind the creation of cryptocurrencies. The democratization of finance / money.

To purchase any cryptocurrency WazirX, you need to open an account for which you simply need to provide some basic information, including information about your bank account. Once confirmed, within a few hours, you can leave.

Sole proprietorship in investments

When you buy bitcoin or another cryptocurrency, you become the sole owner of that particular digital asset. The transaction is carried out in an agreement between partners.

Unlike bonds, mutual funds, stockbrokers, no third party “manages your investment” for you. You decide to buy and sell whenever you want.

Consumer autonomy is the biggest advantage of cryptocurrency systems, which provide incredible opportunities to invest and build on their fixed capital “independently”.

These were some of the benefits of investing in cryptocurrencies. We hope you find them useful and compelling enough to begin your crypto investment journey.

Review of the bitcoin exchange

Technology is advancing with leaps and bounds. Introduces new terms and systems for business and communications on a daily basis. The Internet has made a major contribution to this progress; especially when it comes to business. Online trading or online currency trading has recently attracted many traders. One of the most common forms of online trading is Bitcoin Exchange.

What is bitcoin?

Bitcoin exchange is a new money system for the Internet that works on the concept of digital currency. It initiates the system of payments from partners to partners for persons who do not have a central authority. It uses a new concept of cryptocurrency, which was originally introduced in 1998. Cryptography controls the creation and transactions of digital money. Bitcoin operates through a software system and has no central control body, so it is managed and controlled equally by its users around the world.

Bitcoin exchange operation

One can work with bitcoin exchange just as one works with any other type of currency exchange. Just like working with banks, it is easy to make transactions through Bitcoin Exchange. Similar to physical trading, the consumer has to pay to buy bitcoins. The difference is that one has to open an account in some bitcoin exchanger. The paid asset of the consumer will be available in the form of digital currency, which can be used to purchase any type of product. Bitcoins can be exchanged with other bitcoin holders. This system works similar to money exchanges in banks.

Execution of transactions

In almost all payment systems, payments can be reversed after a transaction via PayPal or credit cards. But with bitcoin, the situation changes, because after a transaction, one cannot return or reverse it. So be careful when exchanging your bitcoins with currency carriers, because you may encounter problems with refund. It is preferable to make exchanges with other bitcoin holders near you.

Advantages of the bitcoin exchange

Bitcoin currency exchange is brand new. This is something like a basic software payment system where you make transactions digitally. Here’s how it can help you:

· Make transactions faster than other systems

· Always available for transactions

· Make transactions from anywhere in the world

· Make transactions more secure

· Execution of transactions without third party intervention

· Monitor all transactions from a home computer or smartphone

· Buy any type of asset using bitcoin

Disadvantages of bitcoin

Bitcoin exchange is an innovation in the world’s economic systems. When used in practice, some disadvantages appear. Some of them are as follows:

Ø Market acceptance

The number of Bitcoin users is growing, but it is still not a widely used currency or exchange system. Its level of acceptance on financial matters is still low.

Ø instability

Because bitcoin is not used often, it is not a stable currency. However, it is hoped that this instability will decrease as the list of users and the amount of bitcoins on the market become easier to use.

Ø Partial development

The big problem is that bitcoin software is still in beta and there are a number of imperfect features that still need to be fixed. New modules are under development to make bitcoin exchange safer for everyone.