Bitcoin to US-Dollar Conversion BTC to USD Exchange Rate ...

Ultimate glossary of crypto currency terms, acronyms and abbreviations

I thought it would be really cool to have an ultimate guide for those new to crypto currencies and the terms used. I made this mostly for beginner’s and veterans alike. I’m not sure how much use you will get out of this. Stuff gets lost on Reddit quite easily so I hope this finds its way to you. Included in this list, I have included most of the terms used in crypto-communities. I have compiled this list from a multitude of sources. The list is in alphabetical order and may include some words/terms not exclusive to the crypto world but may be helpful regardless.
2FA
Two factor authentication. I highly advise that you use it.
51% Attack:
A situation where a single malicious individual or group gains control of more than half of a cryptocurrency network’s computing power. Theoretically, it could allow perpetrators to manipulate the system and spend the same coin multiple times, stop other users from completing blocks and make conflicting transactions to a chain that could harm the network.
Address (or Addy):
A unique string of numbers and letters (both upper and lower case) used to send, receive or store cryptocurrency on the network. It is also the public key in a pair of keys needed to sign a digital transaction. Addresses can be shared publicly as a text or in the form of a scannable QR code. They differ between cryptocurrencies. You can’t send Bitcoin to an Ethereum address, for example.
Altcoin (alternative coin): Any digital currency other than Bitcoin. These other currencies are alternatives to Bitcoin regarding features and functionalities (e.g. faster confirmation time, lower price, improved mining algorithm, higher total coin supply). There are hundreds of altcoins, including Ether, Ripple, Litecoin and many many others.
AIRDROP:
An event where the investors/participants are able to receive free tokens or coins into their digital wallet.
AML: Defines Anti-Money Laundering laws**.**
ARBITRAGE:
Getting risk-free profits by trading (simultaneous buying and selling of the cryptocurrency) on two different exchanges which have different prices for the same asset.
Ashdraked:
Being Ashdraked is essentially a more detailed version of being Zhoutonged. It is when you lose all of your invested capital, but you do so specifically by shorting Bitcoin. The expression “Ashdraked” comes from a story of a Romanian cryptocurrency investor who insisted upon shorting BTC, as he had done so successfully in the past. When the price of BTC rose from USD 300 to USD 500, the Romanian investor lost all of his money.
ATH (All Time High):
The highest price ever achieved by a cryptocurrency in its entire history. Alternatively, ATL is all time low
Bearish:
A tendency of prices to fall; a pessimistic expectation that the value of a coin is going to drop.
Bear trap:
A manipulation of a stock or commodity by investors.
Bitcoin:
The very first, and the highest ever valued, mass-market open source and decentralized cryptocurrency and digital payment system that runs on a worldwide peer to peer network. It operates independently of any centralized authorities
Bitconnect:
One of the biggest scams in the crypto world. it was made popular in the meme world by screaming idiot Carlos Matos, who infamously proclaimed," hey hey heeeey” and “what's a what's a what's up wasssssssssuuuuuuuuuuuuup, BitConneeeeeeeeeeeeeeeeeeeeeeeect!”. He is now in the mentally ill meme hall of fame.
Block:
A package of permanently recorded data about transactions occurring every time period (typically about 10 minutes) on the blockchain network. Once a record has been completed and verified, it goes into a blockchain and gives way to the next block. Each block also contains a complex mathematical puzzle with a unique answer, without which new blocks can’t be added to the chain.
Blockchain:
An unchangeable digital record of all transactions ever made in a particular cryptocurrency and shared across thousands of computers worldwide. It has no central authority governing it. Records, or blocks, are chained to each other using a cryptographic signature. They are stored publicly and chronologically, from the genesis block to the latest block, hence the term blockchain. Anyone can have access to the database and yet it remains incredibly difficult to hack.
Bullish:
A tendency of prices to rise; an optimistic expectation that a specific cryptocurrency will do well and its value is going to increase.
BTFD:
Buy the fucking dip. This advise was bestowed upon us by the gods themselves. It is the iron code to crypto enthusiasts.
Bull market:
A market that Cryptos are going up.
Consensus:
An agreement among blockchain participants on the validity of data. Consensus is reached when the majority of nodes on the network verify that the transaction is 100% valid.
Crypto bubble:
The instability of cryptocurrencies in terms of price value
Cryptocurrency:
A type of digital currency, secured by strong computer code (cryptography), that operates independently of any middlemen or central authoritie
Cryptography:
The art of converting sensitive data into a format unreadable for unauthorized users, which when decoded would result in a meaningful statement.
Cryptojacking:
The use of someone else’s device and profiting from its computational power to mine cryptocurrency without their knowledge and consent.
Crypto-Valhalla:
When HODLers(holders) eventually cash out they go to a place called crypto-Valhalla. The strong will be separated from the weak and the strong will then be given lambos.
DAO:
Decentralized Autonomous Organizations. It defines A blockchain technology inspired organization or corporation that exists and operates without human intervention.
Dapp (decentralized application):
An open-source application that runs and stores its data on a blockchain network (instead of a central server) to prevent a single failure point. This software is not controlled by the single body – information comes from people providing other people with data or computing power.
Decentralized:
A system with no fundamental control authority that governs the network. Instead, it is jointly managed by all users to the system.
Desktop wallet:
A wallet that stores the private keys on your computer, which allow the spending and management of your bitcoins.
DILDO:
Long red or green candles. This is a crypto signal that tells you that it is not favorable to trade at the moment. Found on candlestick charts.
Digital Signature:
An encrypted digital code attached to an electronic document to prove that the sender is who they say they are and confirm that a transaction is valid and should be accepted by the network.
Double Spending:
An attack on the blockchain where a malicious user manipulates the network by sending digital money to two different recipients at exactly the same time.
DYOR:
Means do your own research.
Encryption:
Converting data into code to protect it from unauthorized access, so that only the intended recipient(s) can decode it.
Eskrow:
the practice of having a third party act as an intermediary in a transaction. This third party holds the funds on and sends them off when the transaction is completed.
Ethereum:
Ethereum is an open source, public, blockchain-based platform that runs smart contracts and allows you to build dapps on it. Ethereum is fueled by the cryptocurrency Ether.
Exchange:
A platform (centralized or decentralized) for exchanging (trading) different forms of cryptocurrencies. These exchanges allow you to exchange cryptos for local currency. Some popular exchanges are Coinbase, Bittrex, Kraken and more.
Faucet:
A website which gives away free cryptocurrencies.
Fiat money:
Fiat currency is legal tender whose value is backed by the government that issued it, such as the US dollar or UK pound.
Fork:
A split in the blockchain, resulting in two separate branches, an original and a new alternate version of the cryptocurrency. As a single blockchain forks into two, they will both run simultaneously on different parts of the network. For example, Bitcoin Cash is a Bitcoin fork.
FOMO:
Fear of missing out.
Frictionless:
A system is frictionless when there are zero transaction costs or trading retraints.
FUD:
Fear, Uncertainty and Doubt regarding the crypto market.
Gas:
A fee paid to run transactions, dapps and smart contracts on Ethereum.
Halving:
A 50% decrease in block reward after the mining of a pre-specified number of blocks. Every 4 years, the “reward” for successfully mining a block of bitcoin is reduced by half. This is referred to as “Halving”.
Hardware wallet:
Physical wallet devices that can securely store cryptocurrency maximally. Some examples are Ledger Nano S**,** Digital Bitbox and more**.**
Hash:
The process that takes input data of varying sizes, performs an operation on it and converts it into a fixed size output. It cannot be reversed.
Hashing:
The process by which you mine bitcoin or similar cryptocurrency, by trying to solve the mathematical problem within it, using cryptographic hash functions.
HODL:
A Bitcoin enthusiast once accidentally misspelled the word HOLD and it is now part of the bitcoin legend. It can also mean hold on for dear life.
ICO (Initial Coin Offering):
A blockchain-based fundraising mechanism, or a public crowd sale of a new digital coin, used to raise capital from supporters for an early stage crypto venture. Beware of these as there have been quite a few scams in the past.
John mcAfee:
A man who will one day eat his balls on live television for falsely predicting bitcoin going to 100k. He has also become a small meme within the crypto community for his outlandish claims.
JOMO:
Joy of missing out. For those who are so depressed about missing out their sadness becomes joy.
KYC:
Know your customer(alternatively consumer).
Lambo:
This stands for Lamborghini. A small meme within the investing community where the moment someone gets rich they spend their earnings on a lambo. One day we will all have lambos in crypto-valhalla.
Ledger:
Away from Blockchain, it is a book of financial transactions and balances. In the world of crypto, the blockchain functions as a ledger. A digital currency’s ledger records all transactions which took place on a certain block chain network.
Leverage:
Trading with borrowed capital (margin) in order to increase the potential return of an investment.
Liquidity:
The availability of an asset to be bought and sold easily, without affecting its market price.
of the coins.
Margin trading:
The trading of assets or securities bought with borrowed money.
Market cap/MCAP:
A short-term for Market Capitalization. Market Capitalization refers to the market value of a particular cryptocurrency. It is computed by multiplying the Price of an individual unit of coins by the total circulating supply.
Miner:
A computer participating in any cryptocurrency network performing proof of work. This is usually done to receive block rewards.
Mining:
The act of solving a complex math equation to validate a blockchain transaction using computer processing power and specialized hardware.
Mining contract:
A method of investing in bitcoin mining hardware, allowing anyone to rent out a pre-specified amount of hashing power, for an agreed amount of time. The mining service takes care of hardware maintenance, hosting and electricity costs, making it simpler for investors.
Mining rig:
A computer specially designed for mining cryptocurrencies.
Mooning:
A situation the price of a coin rapidly increases in value. Can also be used as: “I hope bitcoin goes to the moon”
Node:
Any computing device that connects to the blockchain network.
Open source:
The practice of sharing the source code for a piece of computer software, allowing it to be distributed and altered by anyone.
OTC:
Over the counter. Trading is done directly between parties.
P2P (Peer to Peer):
A type of network connection where participants interact directly with each other rather than through a centralized third party. The system allows the exchange of resources from A to B, without having to go through a separate server.
Paper wallet:
A form of “cold storage” where the private keys are printed onto a piece of paper and stored offline. Considered as one of the safest crypto wallets, the truth is that it majors in sweeping coins from your wallets.
Pre mining:
The mining of a cryptocurrency by its developers before it is released to the public.
Proof of stake (POS):
A consensus distribution algorithm which essentially rewards you based upon the amount of the coin that you own. In other words, more investment in the coin will leads to more gain when you mine with this protocol In Proof of Stake, the resource held by the “miner” is their stake in the currency.
PROOF OF WORK (POW) :
The competition of computers competing to solve a tough crypto math problem. The first computer that does this is allowed to create new blocks and record information.” The miner is then usually rewarded via transaction fees.
Protocol:
A standardized set of rules for formatting and processing data.
Public key / private key:
A cryptographic code that allows a user to receive cryptocurrencies into an account. The public key is made available to everyone via a publicly accessible directory, and the private key remains confidential to its respective owner. Because the key pair is mathematically related, whatever is encrypted with a public key may only be decrypted by its corresponding private key.
Pump and dump:
Massive buying and selling activity of cryptocurrencies (sometimes organized and to one’s benefit) which essentially result in a phenomenon where the significant surge in the value of coin followed by a huge crash take place in a short time frame.
Recovery phrase:
A set of phrases you are given whereby you can regain or access your wallet should you lose the private key to your wallets — paper, mobile, desktop, and hardware wallet. These phrases are some random 12–24 words. A recovery Phrase can also be called as Recovery seed, Seed Key, Recovery Key, or Seed Phrase.
REKT:
Referring to the word “wrecked”. It defines a situation whereby an investor or trader who has been ruined utterly following the massive losses suffered in crypto industry.
Ripple:
An alternative payment network to Bitcoin based on similar cryptography. The ripple network uses XRP as currency and is capable of sending any asset type.
ROI:
Return on investment.
Safu:
A crypto term for safe popularized by the Bizonnaci YouTube channel after the CEO of Binance tweeted
“Funds are safe."
“the exchage I use got hacked!”“Oh no, are your funds safu?”
“My coins better be safu!”


Sats/Satoshi:
The smallest fraction of a bitcoin is called a “satoshi” or “sat”. It represents one hundred-millionth of a bitcoin and is named after Satoshi Nakamoto.
Satoshi Nakamoto:
This was the pseudonym for the mysterious creator of Bitcoin.
Scalability:
The ability of a cryptocurrency to contain the massive use of its Blockchain.
Sharding:
A scaling solution for the Blockchain. It is generally a method that allows nodes to have partial copies of the complete blockchain in order to increase overall network performance and consensus speeds.
Shitcoin:
Coin with little potential or future prospects.
Shill:
Spreading buzz by heavily promoting a particular coin in the community to create awareness.
Short position:
Selling of a specific cryptocurrency with an expectation that it will drop in value.
Silk road:
The online marketplace where drugs and other illicit items were traded for Bitcoin. This marketplace is using accessed through “TOR”, and VPNs. In October 2013, a Silk Road was shut down in by the FBI.
Smart Contract:
Certain computational benchmarks or barriers that have to be met in turn for money or data to be deposited or even be used to verify things such as land rights.
Software Wallet:
A crypto wallet that exists purely as software files on a computer. Usually, software wallets can be generated for free from a variety of sources.
Solidity:
A contract-oriented coding language for implementing smart contracts on Ethereum. Its syntax is similar to that of JavaScript.
Stable coin:
A cryptocoin with an extremely low volatility that can be used to trade against the overall market.
Staking:
Staking is the process of actively participating in transaction validation (similar to mining) on a proof-of-stake (PoS) blockchain. On these blockchains, anyone with a minimum-required balance of a specific cryptocurrency can validate transactions and earn Staking rewards.
Surge:
When a crypto currency appreciates or goes up in price.
Tank:
The opposite of mooning. When a coin tanks it can also be described as crashing.
Tendies
For traders , the chief prize is “tendies” (chicken tenders, the treat an overgrown man-child receives for being a “Good Boy”) .
Token:
A unit of value that represents a digital asset built on a blockchain system. A token is usually considered as a “coin” of a cryptocurrency, but it really has a wider functionality.
TOR: “The Onion Router” is a free web browser designed to protect users’ anonymity and resist censorship. Tor is usually used surfing the web anonymously and access sites on the “Darkweb”.
Transaction fee:
An amount of money users are charged from their transaction when sending cryptocurrencies.
Volatility:
A measure of fluctuations in the price of a financial instrument over time. High volatility in bitcoin is seen as risky since its shifting value discourages people from spending or accepting it.
Wallet:
A file that stores all your private keys and communicates with the blockchain to perform transactions. It allows you to send and receive bitcoins securely as well as view your balance and transaction history.
Whale:
An investor that holds a tremendous amount of cryptocurrency. Their extraordinary large holdings allow them to control prices and manipulate the market.
Whitepaper:

A comprehensive report or guide made to understand an issue or help decision making. It is also seen as a technical write up that most cryptocurrencies provide to take a deep look into the structure and plan of the cryptocurrency/Blockchain project. Satoshi Nakamoto was the first to release a whitepaper on Bitcoin, titled “Bitcoin: A Peer-to-Peer Electronic Cash System” in late 2008.
And with that I finally complete my odyssey. I sincerely hope that this helped you and if you are new, I welcome you to crypto. If you read all of that I hope it increased, you in knowledge.
my final definition:
Crypto-Family:
A collection of all the HODLers and crypto fanatics. A place where all people alike unite over a love for crypto.
We are all in this together as we pioneer the new world that is crypto currency. I wish you a great day and Happy HODLing.
-u/flacciduck
feel free to comment words or terms that you feel should be included or about any errors I made.
Edit1:some fixes were made and added words.
submitted by flacciduck to CryptoCurrency [link] [comments]

Bitstamp - buying bitcoin through different currency pairs

Hello there
Probably a very stupid question, albeit some say there is no such thing 😉🤔
I've setup my bitstamp account. My location is the UK, albeit there are various currency pairs with which to trade btc/£, btc/usd etc
Am I best buying bitcoin via my native currency, or is it better to buy via usd? I know the pound and dollar vary, however I wasn't sure whether conversion fees or spreads were different.... Essentially, I'm just trying to find the cheapest way to buy the bitcoin... Is there a difference?
submitted by orrells to BitcoinBeginners [link] [comments]

What will undoubtedly happen from a macroeconomic (big picture) perspective... idiots

OKAY. So demand has been reduced dramatically around the world, our $21 trillion GDP has basically been paused for 2 months, so to keep it afloat (rough math), the government had to add $3.5 trillion to keep the economy running somewhat smoothly. That's a lot of printing, you idiots probably expect inflation. Wrong, step away from the US and look at what other countries are doing, the ECB (European Central Bank) and BOJ (Bank of Japan) are having to print trillions of dollars worth of EURO and YEN to keep their economies going, along with every other country getting pounded. Not only that, but since the US dollar makes up 70% of global transactions, in liquidity terms, trillions worth of euro and yen is MUCH MUCH more than any amount Jpow feels like printing, there's no way our printing could offset what the rest of the world is doing, so inflation isn't coming. If you want proof, just look at the euro/usd (going lower) and literally ANY emerging market currency is getting absolutely clapped vs the dollar.

Furthermore, not only is US corporate debt at an all time high, but emerging markets, the eurozone, and asia has borrowed more dollars than ever before at any point in history, basically everyone around the world's debt is denominated in US DOLLARS. So what's about to happen? It's already happening, demand for US dollars is going up because everyone around the world wants to borrow more to offset cash flow concerns and pay off existing debts, which will cause the dollar to increase in value. What happens when the whole world has debt in dollars and the dollar goes up in value? DEBT BECOMES MORE EXPENSIVE. This is DEFLATION, and in particular and even more terrifying DEBT DEFLATION, a phrase that would make Jpow absolutely shit himself (and he knows its coming). This has already started before the whole beervirus nonsense, look at Venezuela and Zimbabwe, they had too much dollar debt, no one wanted to lend to them anymore and whoops, their currency is worthless now. It's going to be like a game of musical chairs for people trying to get access to dollars, starting with emerging markets and eventually moving into the more developed economies. The result: massive corporate bankruptcies, countries defaulting on debt (devaluing their currencies) and eventually a deleveraging of massive proportions. This WILL occur and no amount of printing can stop it, it's already too far gone.

It doesn't matter what the stock market does, other markets around the world will be fucked, honestly it might cause the market to go up because of all the money fleeing other countries trying to find a safe place to live. Here are the plays assholes. TLT will go up because no matter what Jpow says, he doesn't control the fed funds rate, the market does, and US treasury bond yields have already priced in bonds going negative. CPI shows that we may see up to -3% inflation (3% deflation), meaning at .25% fed funds rate, the REAL rate is 3.25%, that is the worst thing possible during a deleveraging because it makes it harder to stimulate the economy, the fed has no choice, rates MUST go lower. Rates go lower, bond prices go up, TLT 12/18 $205c. Remember how I said scared foreign money will want to find a nice safe place to go when we go into the biggest debt crisis the world has seen in over 300 years? GLD 12/18 $240c. Finally, the dollar will rise in value as well so UUP 12/18 $28c.

As far the actual market, we hit a high of SPY 339.08 in February, fell to a low of 218.26 by mid March, and have since then retraced EXACTLY to the 61.8% Fibonacci retracement level at 290, and started to bounce lower from there. I'm no technical analyst, but I do know history. During the greatest crashes in stock market history, 1929, 2001, 2008, the Nikkei in 1989 (Japan) this exact same thing happened, market got scared and fell to lows, then smoked that good hopium for a few weeks or month to retrace between 50% and 61.8% back to previews highs, then absolutely fell off a cliff. If you don't believe me, go look at the charts. Now, I'm personally not going to be betting on the US market falling because of the fact that its just straight up not reflecting reality and there are much better ways to trade on what's occurring (see trades above), but I PROMISE, that we will not be seeing new highs at any point any time soon.

TLDR; The world is going to shit due to the dollars over-dominance of the world market, we will soon see the worst deleveraging in human history, and may very well have to come up with a new fiat money system (probably not bitcoin, but it wouldn't hurt to have some). TLT 12/18 $205c, GLD 12/18 $240c, and UUP 12/18 $28c. If you wanna be an autist and buy weeklys, I can't help you, but I basically just gave you the next big short, so you're welcome.

DISCLAIMER: I didn't say what price to buy at for a reason, timing is extremely important for trades like this, so don't FOMO in and overpay, you will get clapped.
submitted by Rezuwrecked_ to wallstreetbets [link] [comments]

Lebanons currency crisis paves the way to a new future - Bitcoin

TLDR; in 1997 the Lebanese pound was pegged to the US dollar at 1507:1. The issue is that there is a black market that actually has the pound trading at closer to 15007:1 (10x). The central money exchanges are refusing to give dollars and only pound as they know the currency is not actually worth the pegged USD. The bitcoin solution is quite clear here!

EDIT* changed Lira to pound to reflect the actual currency....
https://www.forbes.com/sites/tatianakoffman/2020/07/09/lebanons-currency-crisis-paves-the-way-to-a-new-future/#554c410a6a17
submitted by amygdalad to Bitcoin [link] [comments]

TkeyNet: What’s new?

TkeyNet: What’s new?

https://i.redd.it/zyuf3vxvvdp51.gif
“The TkeyNet development team is surprising to us” — recently such a quote came from our lips. Why would that be?

TkeyNet: Instant transactions

Now transactions in the TkeyNet network are instant. You won’t even notice how the TKEY delivers to the recipient. For example, when you send a payment from card to card, and after a few seconds, the money is in the recipient’s possession. Despite the fast speed of transactions, the system has not only preserved its security properties but also strengthened them and still works on the blockchain.
“The chain of information a store on every computer in the network. The addition of information occurs by using cryptographic functions, allowing you to identify the information for any period. When a new data block adds to the TkeyNet network, the integrity of all previous information confirm by the entire TkeyNet, and each node checks its integrity.”

Financial marketplace


https://preview.redd.it/4j6y85zxvdp51.png?width=1920&format=png&auto=webp&s=1ef221053e4e90b08a9f67e6eef220b74bc94b0f
In early September, we completed work on one of the main functions of the system: “The Financial Module Of The Marketplace.”

What is it for, and how does the “Financial Marketplace module” work?

TkeyNet combines various assets in a single system, creating instant access to liquidity. Digital exchanges connect to TkeyNet and provide assets for exchange: BTC, USDT, ETH, and others. For example, Kraken connects to TkeyNet and provides digital assets: ETH, ETC. Binance: USD, BTC. Bitfinex: USDT, EOS, etc. Exchanges can provide any assets that trade on their platforms.
The blockchain acts as a Registrar of financial transactions. Accounts, balances, and orders store in a distributed registry TkeyNet, and copies of data to distribute across network TkeyNet nodes. Payment routing is implemented in the TkeyNet system, which allows you to track not only balances but also distribute transactions without the participation of any party.
The user, in turn, has quick access to transactions with digital currencies, regardless of the blockchain used: Bitcoin, Ethereum, EOS, or any other, transactions are recorded in TkeyNet, and transactions are processed instantly.
“The task of the platform is to automate the interaction of the parties and ensure the convenience of performing operations. — This is the core element of a trusted environment.”
In addition to digital assets, the “Financial Marketplace module” includes working with Fiat currencies, stocks, bonds, as well as raw materials: oil, gas, diamonds, etc. — This means that payment systems, banks, currency exchanges, commodity exchanges, and other financial market participants, are also connected to the TkeyNet blockchain.

Payments between companies in a few seconds

https://preview.redd.it/v84fizszvdp51.png?width=1920&format=png&auto=webp&s=e501b06661b2a960fe75abe07a1aba5177db620d
Companies can make payments in seconds, not days. TkeyNet can seriously mitigate the adverse risks of extraterritorial sanctions against the financial system of the countries if such follow. Also, the ability to conduct internal and cross-border transfers through an independent financial channel directly to the counterparty at high-speed is beneficial to business and the state from any point of view.
Each user will be able to make quick transfers to counterparty wallets, exchange digital currency for another or fiat money at the current exchange rate.

What else is interesting? — Applications

Developers can connect to TkeyNet and get access to a large-scale pool of liquidity: digital currencies, stocks, precious metals, etc.
This solution not only reduces development costs but also allows you to get access to the best prices and fast exchanges. You can create any financial application, regardless of the market usage: a cryptocurrency, or financial markets.
Developers can create a digital Bank or exchange, fast connect the app, and TkeyNet using the API.
“By working with partners around the world, we can significantly increase our market share in this business, providing our partners with ready-made tools without risks.”
And also regardless of the applications that will be created by partner developers. The company will provide its interfaces that will provide access to various types of assets — digital currencies: BTC, USDT, ETH, etc.; Fiat currencies: euros, dollars, pounds, etc.; securities and commodity assets.

https://preview.redd.it/23whmnm1wdp51.png?width=679&format=png&auto=webp&s=52bf10bf43268f835cff981a110d41528b838a89
Anywhere in the world, at any time, the system user will have access to the desired currency without having to exchange one for another. Also, when implementing the application for NFC payments, it will become even easier to use the system. However, even with the availability of several types of currencies, such as the pound, dollar, and euro, it is easy to make payments abroad.
“According to the World Bank, more than 1.7 billion adults are still not covered by banking services, but two-thirds of them have a mobile phone that can help them access financial services. — This tells us one thing: the traditional banking approach is exceptionally inefficient. Lack of infrastructure: a network of ATMs, fees and deposits, a network of cashiers, and internal money transfer programs are just some named obstacles to creating a real banking experience.”
Imagine that in one app you have access to Apple shares, Tesla shares, gold, precious metals, rubles, dollars, and even oil if you want. TkeyNet — makes this possible.
TkeyNet is an industrial solution designed for companies and users at the same time. Since payments in the system are very fast, a person can store and send money in any asset they want. This flexibility creates an open market, which is necessary at present.

Postscript

TkeyNet back-end — completed. Currently, we are actively working on the front-end side. Regardless of working on the front-end side, the TkeyNet system is tested on an ongoing basis.
submitted by tkeycoin to Tkeycoin_Official [link] [comments]

Exchange between bitcoin and fiat

Exchange between bitcoin and fiat

Exchange between bitcoin and fiat

Sellbitcoin.ltd is the most advanced Bitcoin & Cryptocurrency exchange in Cayman Islands with the wide selection of fiat coins. Currently the platform supports the trade for over 6 different fiat. SellBitcoin.ltd™ is the easiest way to sell Bitcoin & other Cryptocurrencies in Cayman Islands.

Wide Range of Cryptocurrency Pairs in Cayman Islands

SellBitcoin.ltd™ prides itself on offering a wide selection of pairs available to traders globally. You’ll be able to trade in multiple coins from the get-go: Bitcoin (BTC), United States Dollar (USD), Europe Euro (EUR), Russian Ruble (RUB), Swiss Franc (CHF), Japanese Yen (JPY), British Pound (GBP), Australian Dollar (AUD) Our advanced and flexible technology enables us to add new coins every month to the platform.

Anonymous transactions & log policy

SellBitcoin.ltd™ is glad to announce we are NOT under the AML (Anti Money Laundering) KYC (Know Your Customer) alliance. Our transactions are full Anonymous and we do NOT save any kind of logs.

sellbitcoin.ltd
submitted by SellBitcoin_Ltd to u/SellBitcoin_Ltd [link] [comments]

Fiat Currency to Cryptocurrency Calculator. Real-time rates from multiple exchanges.

Hey,
Developed a small project that helps you calculate the equivalent amount from fiat money to cryptocurrencies and vice-versa.
Website - Pingrates ( https://pingrates.herokuapp.com/ )
Currently, it supports five cryptocurrencies. Looking to add more later on.
Primarily it supports three fiat currencies and many more by using appropriate exchange rates. For all other currencies rates are calculated using USD Rates and Coinbase Forex rates.
Currently, it provides live rates from three Exchanges. Working on adding more soon!
Notification Alerts
For Desktop user's Notification Alerts are provided which will be delivered using Web Notifications. Just Allow Notifications in Browser and you will receive small popups whenever the conditions are met.
If you have any issues, queries, or find any bugs please comment down or contact me on the E-mail ID provided on the website.
submitted by dev_46 to CryptoCurrencyTrading [link] [comments]

Free $10 in BTC at Gemini Exchange (also using stablecoin)

Gemini is a well-known cryptocurrency exchange from the US, regulated by the New York State Department of Financial Services (NYDFS), so definitely a trustworthy company.
They offer a $10 referral bonus after trading $100 in crypto, which works almost anywhere in the world. With the below steps you should lose max. $1 with the trading so that's $9 profit. There are no fees for withdrawing the crypto to your own wallet.
You can also deposit and trade with a stablecoin (either DAI or GUSD) to avoid any volatility risk.
Steps:
  1. Sign up through this link: https://gemini.com/share/rllvyzf6 non-ref link without bonus: https://gemini.com
  2. Verifieer your identity and address
  3. Tip: send their support a request here with the simple message 'Hi, can I get access to ActiveTrader?' to get access to the ActiveTrader interface with much lower fees: I paid just 2x $0,37 instead of 2x $2,99: https://imgur.com/a/G5cOy0G
  4. Deposit $100 of crypto to your Gemini account
  5. Trade for at least $100 in cryptocurrency (crypto to crypto or to USD and back) to trigger the bonus
  6. The $10 in BTC will be credited to your account within 1-2 days (usually at night)
  7. You can withdraw your deposit and bonus (no fees)
Full conditions here: https://gemini24.zendesk.com/hc/en-us/articles/360032830371-How-does-the-Referral-program-work-
No fees for up to 10 withdrawals per month: https://gemini.com/fees/transfer-fee-schedule#withdrawal-individual
If you're new to crypto, some extra information:
About stablecoins
Sending cryptocurrencies to and from Gemini
Hope this extra information helps, please let me know if I should add anything :)
submitted by blxyy to beermoneyuk [link] [comments]

Trying understanded cypto currency’s relationship with different fiat currency values.

Ok please bare with me this might seem like a stupid question but I’m still hoping someone can briefly explain this.
I’ve noticed from time to time that a the BTC price against USD can be say +2% and then simultaneously -4% against GBP ... but the dollar may have barely moved against the pound or in some cases the the opposite +- relationship maybe taking place in the fiat market. I don’t understand how bitcoin can be worth more dollars than it was, and less pounds than it was when the relationship between gbp and use is actually the inverse ?
If this is a stupid question and it’s just highlighting my naivety and inexperience in this area then just say so but keep the keep the flames to yourself thanks.
I’m still learning all of this and this subreddit has been an exceptional resource. So thank you to all the people who have put time and patience into helping people like myself.
submitted by Iainhenderson to BitcoinBeginners [link] [comments]

Now $20 free with Celsius Network crypto lending app (use TGBP stablecoin for no price fluctuations)

Celsius Network is an app for earning interest on your cryptocurrencies up to 12%. You can also get around 8% interest on stablecoins. They are definitely legit, I and many others here already successfully completed this offer.
If you sign up using a referral link they now offer $20 free in BTC after you deposit the equivalent of $200 in cryptocurrencies on the app (this used to be $10 but they increased it this month :))
Tip: buy the (stable)coins through the Crypto.com app *(creditcard fees waived until the end of September!)
Steps:
You will see the rewards in the app like this: https://m.imgur.com/a/d8MWRaL
Let me know if you have any questions! I have succesfully withdrawn money from the app, PM me if you want more details :)
If you're new to crypto, some extra information:
About stablecoins
Sending cryptocurrencies to and from Celsius
Hope this extra information helps, please let me know if I should add anything :)
submitted by blxyy to beermoneyuk [link] [comments]

Bitcoins Cashout - Current Bitcoin Value Exchange BTC To USD

This site bitcoin cashout is the perfect spot to get trade your bitcoin to pm on the most straightforward and basic way we are bargain in a wide range of computerized money; we have the best trade administrations for you. We additionally bolster your BTC on versatile. You can sell or purchase your bitcoin anyplace on the planet. You can trade your bitcoin into us dollar. This will consistently give you the best administrations over the globe. We can change over BTC into us dollar with PayPal at a low expense. In the event that you are stressed over how do i cash out bitcoins with paypal, you are in the opportune spot in light of the fact that different locales charge a high expense for trade bitcoin money out, however this site is free for our adored clients, you can money out your BTC with PayPal and trade them at a low value, we are the best accomplice of your computerized cash portfolio. This site is dependable for you. Everybody has his logins and passwords on the grounds that your security is generally weak for us. With this, you can utilize western association for trade btc in a flash with the most minimal expense. We manage okpay, crypto, PayPal, skrill,coinbase , and so forth. Best for individual similarly as business use, extended security settings, supporting euros, dollars, pounds, peso, Indian rupee, and anything is possible from that point. Best program while keeping ease in simple to utilize the dashboard to change the monetary framework right away. Might you want to be remain invigorated with crypto news, coins, tokens computerized assets, bits satoshi, etc light charts, portfolio tracker, cash converter including fiat. Become more familiar with best a perfect chance to place assets into blockchain adventure, sell crypto assets at a high rate for crypto to fiat cash converter. It's by and by easy to sell bitcoin as a bitcoin dollar exchange seller. You can set your costs, and the upside of in excess of 300 portion choices to get paid for the bitcoin you sell. As bitcoin cashout is a common business community, you can sell your bitcoin truly to in excess of 3 million customers around the world. Our establishment makes it inconceivably straightforward for students and veterans the equivalent to make an advantage.
submitted by popjhons to u/popjhons [link] [comments]

Right Way To Exchange Bitcoin Into USD

This site bitcoin cashout is the right place to get exchange your bit coin to dollars on the easiest and simple way we are deal in all types of digital currency; we have the best exchange services for you. We also support your BTC on mobile. You can sell or buy your bitcoin anywhere in the world. You can exchange your bitcoin into us dollar. This will always give you the best services across the globe. We can convert BTC into us dollar with PayPal at a very low fee. If you are worried about how do i cash out bitcoins with paypal, you are in the right place because other sites charge a very high fee for sell bitcoin for paypal , but this site is free for our loved customers, you can cash out your BTC with PayPal and exchange them at a very low price, we are the best partner of your digital currency portfolio. This site is reliable for you. Everyone has his logins and passwords because your privacy is most impotent for us. With this, you can use western union for exchange btc instantly with the lowest fee. We deal with okpay, crypto, PayPal, skrill,coinbase , etc. Best for individual just as business use, expanded security settings, supporting euros, dollars, pounds, peso, Indian rupee, and the sky is the limit from there. Most effective program while keeping effortlessness in easy to use the dashboard to transform the financial system immediately. Would you like to be stay refreshed with crypto news, coins, tokens digital resources, bits satoshi, and so on candle diagrams, portfolio tracker, money converter including fiat. Become more acquainted with best an ideal opportunity to put resources into blockchain venture, how to cash in bitcoin for dollars possessions at a high rate for crypto to fiat money converter. It's presently simple to sell bitcoin as a bitcoin dollar exchange seller. You can set your prices, and the advantage of more than 300 installment alternatives to get paid for the bitcoin you sell. As bitcoin cashout is a shared commercial center, you can sell your bitcoin legitimately to more than 3 million clients worldwide. Our foundation makes it incredibly simple for learners and veterans the same to make a benefit.
submitted by popjhons to u/popjhons [link] [comments]

I've created dark themed LibreOffice Personal Finance workbook (x-post from r/personalfinance)

The workbook can be found here:

It contains:
MAIN Sheet
Transactions Sheet
Expenses Sheet
NLTHP Sheet
NLTHP Cash Sheet

Possible future sheets:

Supported currencies:

Supported conversions to:

The workbook is free and open source, does not contain any macros and all 4 external links to exchange sites are contained in a single sheet which can be removed if needed.
If anyone has any questions or suggestions you can leave a comment, or send me a DM on Reddit or Matrix.
submitted by xxkoes to libreoffice [link] [comments]

Benefits and Risks of Trading/Bitcoin trader

Benefits and Risks of Trading/Bitcoin trader

Ought to you jump in and begin using your onerous-mined bitcoins within the markets? Find out the risks and advantages initial.KEY TAKEAWAYS
The market is devoted to trading in the globe's currencies.
https://preview.redd.it/u8gle9a0m4f51.jpg?width=770&format=pjpg&auto=webp&s=9368e9fe9613884fb4fd0c86fb716e50319f2d53
Many brokers currently settle for bitcoin and different cryptocurrencies.
Bitcoin trades benefit from the anonymity and decentralized valuation system the currency represents.
They add a replacement layer of risk trading, exacerbated by the acute volatilityStandard Forex Trade
Before you think about whether to trade using bitcoin, it's helpful to understand how a standaroretrade works.

A forex trade is simply an exchange of 1 currency for an additional at its current rate. Unlike tourists who exchange their home currency for local spending cash, forex traders are trying to form cash off the continual fluctuations in the real value of 1 currency against anothe

Imagine you're an American trader betting that the British pound can lose price compared to the U.S. dollar. This is termed trading on the British pound/U.S. dollar currency pair (GBP/USD).The Impact of Decentralization
The key distinction is that, though forex exchanges would possibly be decentralized, the currencies themselves are backed by central banks in the countries that issue them. It's the duty of those banks to stabilize the value of their currencies and keep them stable
Now think about an example of a forex trade using bitcoin. First, you open a forex trading account with a broker who accepts bitcoins. These embody AvaTrade,one? eToro, and LiteForex.a pair of? You then transfer 2 bitcoins from your digital wallet to the forex broker’s digital wallet.

If you wish to trade using bitcoin, use only a locally regulated forex brokerage. And avoid using leverage till you know what you are doing.
Assuming the present bitcoin to U.S. dollar rate is 1 bitcoin = $seven,500, your deposit of two bitcoins is value $fifteen,00zero. Now, assume that you would like to require an edge in British pounds. If the exchange rate is £zero.five = $one, you may receive £7,500. When it rate changes to 0.45, and you square off your position t.sixty five in your trading account. You have got made a tidy eleven.elevenpercent profit and you're prepared to cash out.




Despite the very fact that your bet on British pounds earned you an eleven.11% profit (from $fifteen,00zero to $16,66six.65), the fluctuation in the bitcoin to U.S. dollar rate suggests that that you sustain a loss of zero.039 bitcoin or about -two.percent. (Initial deposit of 2 bitcoins — 1.961 bitcoins = .039 bitcoin).

However, had the bitcoin to U.S. greenback exchange rate changed to 1 bitcoin = $7,000, you'd realize a benefit from both the forex trade and the bitcoin exchange. You'd have received ($16,66half dozen.65/$7,00zero) = two.381 bitcoins, a profit of nineteen.onepercent.

Increased Unpredictability
This hypothetical example illustrates the large reason to exercise caution when using digital currencies for forex trading. Even the most fashionable and widely used cryptocurrency, the bitcoin, is highly volatile compared to most traditional currencies.

Within the year ending July 24, 20twenty, the value of a bitcoin ranged from $five,532 to $eleven,982
This unpredictability means that that the risks associated with trading forex using bitcoin are that abundant larger
Beyond the exchange rate fluctuations impacting profit and loss, there are other edges and risks to consider before trading forex with bitcoin
Decentralized Vauations: A major advantage of trading forex with the bitcoin is that the bitcoin isn't tied to a central bank. Digital currencies are free from central geopolitical influence and from macroeconomic issues like country-specific inflation or interest rates.
High Leverage: Many forex brokers offer leverage for bitcoin trades. Experienced traders can use this to their profit. However, such high margins ought to also be approached with great caution as they amplify the potential for losses.
Low Deposit Amount: A trader can begin with as little as $twenty five with some bitcoin forex trading firms. A few forex trading companies have even offered promotions sort of a matching deposit quantity. Traders ought to check that the broker is legitimate and appropriately regulated.
Low Cost of Trading: Most forex brokers that settle for cryptocurrency are keeping brokerage costs terribly low to attract new shoppers.
Security: You don’t would like to reveal your bank account or mastercard details to make a bitcoin transaction. This could be a massive advantage in terms of price and monetary security.

No World Boundaries: Bitcoin transactions don't have any international boundaries. A trader primarily based in South Africa can trade forex through a broker based mostly within the United Kingdom. Regulatory challenges could stay a concern, however if both traders and brokers are willing to transact, there aren't any geographical boundaries.
Risks of Trading Forex with Bitcoin
Different Exchange Rates: Bitcoin trades on multiple exchanges and exchange rates vary. Traders must guarantee they understand that bitcoin exchange rates the forex broker can be using.

U.S. Dollar Rate Risk: While receiving bitcoin deposits from clients, almost all brokers instantly sell the bitcoins and hold the quantity in U.S. dollars. Even if a trader will not take a forex trade position immediately when the deposit, he or she remains exposed to the bitcoin-to-U.S. dollar rate risk from deposit to withdrawal.
Danger of Volatility: Historically, bitcoin prices have exhibited high volatility. Within the absence of regulations, volatility will be used by unregulated brokers to their advantage and a trader’s disadvantage. For example, assume the intraday bitcoin rate fluctuates from $five,00zero to $5,300 U.S. greenbacks per bitcoin. For an incoming deposit of two bitcoins, the unregulated broker may apply very cheap rates to credit the trader $10,00zero (2 bitcoins * $five,000 = $10,000). However, once the trader is ready to create a withdrawal, the broker might use rock bottom exchange rate. Instead of the original a pair of bitcoins deposited, the trader receives o
Security Risks Inherent to Bitcoin: Deposited bitcoins are vulnerable to theft by hacking, even from a broker’s digital wallet. To reduce this risk, rummage around for a broker who has insurance protection against theft.


Risk of Leverage: Using leverage is risky for new traders who may not perceive the exposure. This risk is not unique to cryptocurrency forex trading and comes into play in traditional forex transactions still.
Asset Category Mixing: Cryptocurrency may be a different asset class altogether and has its own valuation mechanism. Trading forex with bitcoins primarily introduces a replacement intermediate currency which will impact profit and loss in unexpected ways. Any cash that's not locked down in an exceedingly trader’s base currency is a risk.
Although cryptocurrencies like bitcoin are gaining popularity, there are still several associated risks. In forex trading, dealing in a decentralized currency that provides global transactions with no fees is a bonus. But the tradeoff is actually adding a 3rd currency to what was a trading try
Put your trading skills to the take a look at with our FREE Stock Simulator. Compete with thousands of Investopedia traders and trade your means to the top! Submit trades in an exceedingly virtual setting before you start risking your own cash. Practice trading ways thus that when you're prepared to enter the $64000 market, you've got had the practice you would like. Attempt our Stock Simulator today
https://www.cryptoerapro.com/the-bitcoin-trade
submitted by cryptoerapro to u/cryptoerapro [link] [comments]

Guide: Crypto.com MCO Visa Card: 10% cashback on groceries (extended!), 1-5% on everything else, free Spotify and $50 bonus! [US, EU, UK, APAC]

The promotion of 10% back on grocery shopping has been extended until the end of September
Available for: US, EU, UK and APAC
The MCO Visa Card offered by Crypto.com is one of the best rewards cards currently available! It works as a normal debit card: you top up the card with your own currency (USD/EUGBP/SGD), you spend it as you normally would and you get the cashback and rewards paid out in a cryptocurrency (MCO token). If you want you can sell the MCO earned for cash immediately.
I think now is a good time to get in. The MCO Token price is quite low currently so it means it's cheaper to get on board. You'll be able to earn back your investment in less than 6 months (see below).
I would appreciate it if you'd sign up through my link: https://platinum.crypto.com/sxzbhwuqje or use code sxzbhwuqje in the app. You will also be eligible for the $50 bonus then (see below). Non-ref link (no bonus): https://crypto.com

What is Crypto.com?

Crypto.com offers an app with which you can easily buy and sell cryptocurrencies without additional cost. The company exists since 2016 (back then under the name Monaco, hence the MCO abbreviation) and now they have 2 million users.
Next to trading within the app you can also get interest on your cryptocurrencies up to 12% (complete overview here), similar to the likes of Celsius and BlockFi.

The MCO Visa card

Through their app Crypto.com also offers the MCO Visa card. This is a debit Visa card tied to the MCO cryptocurrency. There are 5 different card tiers and you get:
All cashbacks and bonuses are paid in the MCO cryptocurrency. You can immediately sell the MCO in the app for pounds/euros, which you can use again for purchases with the card if you want.
To get one of the non-free card tiers you need to buy MCO coin and stake them, which means holding on to them for 6 months. After the 6 months you can sell them again at the then current rate. The price of MCO is currently around $4.30 / €3.80, meaning that you have to lock $215 / €190 for six months to get the Ruby Steel card. You'll earn this back in less than 6 months (see below),
These are the lower three card tiers:
Card Tier Midnight Blue Ruby Steel Jade Green/Royal Indigo
Stake (hold) None (free card) 50 MCO (~ $215 / €190) 500 MCO (~ $2150 / €1900)
Bonus after staking None $50 (in MCO) $50 (in MCO)
Cashback % 1% 2% 3%
Monthly Spotify Rebate No Yes Yes
Monthly Netflix Rebate No No Yes
LoungeKey Airport Lounge Access No No Yes
Metal card No Yes Yes

Calculation example payback time (less than 6 months)

Below I've made an example calculation for the payback time of the Ruby Steel card, assuming a spend of $1000 / €1000 monthly with the card and that you use Spotify. After less than 6 months you will have earned back your initial investment :)
But, additionally you also the worth of your MCO coins that you locked for 6 months. Even if they would be worth only half of what they are worth today, you'd still have a value of $113 / €95 which you could add to the value mentioned in the table below (see below about price expectation) .
Value
$50 bonus immediately after staking $50 / €44
2% cashback on all purchases with the card (assuming montly spend of $1000 / €1000 during 6 months) $120 / €120
Spotify rebate ($10 / €10 per month) $60 / €60
Total $230 / €224

MCO value over time

The MCO cards have just been released for UK and EU this spring and have been available in US since last year, and Canada's next. Because especially in EU cashback cards are not common, I expect that lots of people would be interested in getting a cashback card like this one. The good thing about that is that the demand for MCO coin would increase (because people need to lock them for 6 months) and I expect that the price of MCO will rise then (there are only 16 million of them, less than Bitcoins). Crypto.com is also launching a white label card programme which could further drive demand.
No guarantees, this is my personal opinion :) I advise you to think about it yourself.

Notes

submitted by blxyy to CryptoCurrencyCards [link] [comments]

Guide: Crypto.com MCO Visa Card: 10% cashback on groceries (extended!), 1-5% on everything else, free Spotify and $50 bonus! [US, EU, UK, APAC]

The promotion of 10% back on grocery shopping has been extended until the end of September
Available for: US, EU, UK and APAC
The MCO Visa Card offered by Crypto.com is one of the best rewards cards currently available! It works as a normal debit card: you top up the card with your own currency (USD/EUGBP/SGD), you spend it as you normally would and you get the cashback and rewards paid out in a cryptocurrency (MCO token). If you want you can sell the MCO earned for cash immediately.
I think now is a good time to get in. The MCO Token price is quite low currently so it means it's cheaper to get on board. You'll be able to earn back your investment in less than 6 months (see below).
I would appreciate it if you'd sign up through my link: https://platinum.crypto.com/sxzbhwuqje or use code sxzbhwuqje in the app. You will also be eligible for the $50 bonus then (see below). Non-ref link (no bonus): https://crypto.com

What is Crypto.com?

Crypto.com offers an app with which you can easily buy and sell cryptocurrencies without additional cost. The company exists since 2016 (back then under the name Monaco, hence the MCO abbreviation) and now they have 2 million users.
Next to trading within the app you can also get interest on your cryptocurrencies up to 12% (complete overview here), similar to the likes of Celsius and BlockFi.

The MCO Visa card

Through their app Crypto.com also offers the MCO Visa card. This is a debit Visa card tied to the MCO cryptocurrency. There are 5 different card tiers and you get:
All cashbacks and bonuses are paid in the MCO cryptocurrency. You can immediately sell the MCO in the app for pounds/euros, which you can use again for purchases with the card if you want.
To get one of the non-free card tiers you need to buy MCO coin and stake them, which means holding on to them for 6 months. After the 6 months you can sell them again at the then current rate. The price of MCO is currently around $4.10 / €3.60, meaning that you have to lock $205 / €180 for six months to get the Ruby Steel card. You'll earn this back in less than 6 months (see below),
These are the lower three card tiers:
Card Tier Midnight Blue Ruby Steel Jade Green/Royal Indigo
Stake (hold) None (free card) 50 MCO (~ $205 / €180) 500 MCO (~ $2050 / €1800)
Bonus after staking None $50 (in MCO) $50 (in MCO)
Cashback % 1% 2% 3%
Monthly Spotify Rebate No Yes Yes
Monthly Netflix Rebate No No Yes
LoungeKey Airport Lounge Access No No Yes
Metal card No Yes Yes

Calculation example payback time (less than 6 months)

Below I've made an example calculation for the payback time of the Ruby Steel card, assuming a spend of $1000 / €1000 monthly with the card and that you use Spotify. After less than 6 months you will have earned back your initial investment :)
But, additionally you also the worth of your MCO coins that you locked for 6 months. Even if they would be worth only half of what they are worth today, you'd still have a value of $103 / €90 which you could add to the value mentioned in the table below (see below about price expectation) .
Value
$50 bonus immediately after staking $50 / €44
2% cashback on all purchases with the card (assuming montly spend of $1000 / €1000 during 6 months) $120 / €120
Spotify rebate ($10 / €10 per month) $60 / €60
Total $230 / €224

MCO value over time

The MCO cards have just been released for UK and EU this spring and have been available in US since last year, and Canada's next. Because especially in EU cashback cards are not common, I expect that lots of people would be interested in getting a cashback card like this one. The good thing about that is that the demand for MCO coin would increase (because people need to lock them for 6 months) and I expect that the price of MCO will rise then (there are only 16 million of them, less than Bitcoins). Crypto.com is also launching a white label card programme which could further drive demand.
No guarantees, this is my personal opinion :) I advise you to think about it yourself.

Notes

submitted by blxyy to promocodes [link] [comments]

Guide: Crypto.com MCO Visa Card: 10% cashback on groceries (extended!), 1-5% on everything else, free Spotify and $50 bonus! [US, EU, UK, APAC]

The promotion of 10% back on grocery shopping has been extended until the end of September
Available for: US, EU, UK and APAC
The MCO Visa Card offered by Crypto.com is one of the best rewards cards currently available! It works as a normal debit card: you top up the card with your own currency (USD/EUGBP/SGD), you spend it as you normally would and you get the cashback and rewards paid out in a cryptocurrency (MCO token). If you want you can sell the MCO earned for cash immediately.
I think now is a good time to get in. The MCO Token price is quite low currently so it means it's cheaper to get on board. You'll be able to earn back your investment in less than 6 months (see below).
I would appreciate it if you'd sign up through my link: https://platinum.crypto.com/sxzbhwuqje or use code sxzbhwuqje in the app. You will also be eligible for the $50 bonus then (see below). Non-ref link (no bonus): https://crypto.com

What is Crypto.com?

Crypto.com offers an app with which you can easily buy and sell cryptocurrencies without additional cost. The company exists since 2016 (back then under the name Monaco, hence the MCO abbreviation) and now they have 2 million users.
Next to trading within the app you can also get interest on your cryptocurrencies up to 12% (complete overview here), similar to the likes of Celsius and BlockFi.

The MCO Visa card

Through their app Crypto.com also offers the MCO Visa card. This is a debit Visa card tied to the MCO cryptocurrency. There are 5 different card tiers and you get:
All cashbacks and bonuses are paid in the MCO cryptocurrency. You can immediately sell the MCO in the app for pounds/euros, which you can use again for purchases with the card if you want.
To get one of the non-free card tiers you need to buy MCO coin and stake them, which means holding on to them for 6 months. After the 6 months you can sell them again at the then current rate. The price of MCO is currently around $4.10 / €3.60, meaning that you have to lock $205 / €180 for six months to get the Ruby Steel card. You'll earn this back in less than 6 months (see below),
These are the lower three card tiers:
Card Tier Midnight Blue Ruby Steel Jade Green/Royal Indigo
Stake (hold) None (free card) 50 MCO (~ $205 / €180) 500 MCO (~ $2050 / €1800)
Bonus after staking None $50 (in MCO) $50 (in MCO)
Cashback % 1% 2% 3%
Monthly Spotify Rebate No Yes Yes
Monthly Netflix Rebate No No Yes
LoungeKey Airport Lounge Access No No Yes
Metal card No Yes Yes

Calculation example payback time (less than 6 months)

Below I've made an example calculation for the payback time of the Ruby Steel card, assuming a spend of $1000 / €1000 monthly with the card and that you use Spotify. After less than 6 months you will have earned back your initial investment :)
But, additionally you also the worth of your MCO coins that you locked for 6 months. Even if they would be worth only half of what they are worth today, you'd still have a value of $103 / €90 which you could add to the value mentioned in the table below (see below about price expectation) .
Value
$50 bonus immediately after staking $50 / €44
2% cashback on all purchases with the card (assuming montly spend of $1000 / €1000 during 6 months) $120 / €120
Spotify rebate ($10 / €10 per month) $60 / €60
Total $230 / €224

MCO value over time

The MCO cards have just been released for UK and EU this spring and have been available in US since last year, and Canada's next. Because especially in EU cashback cards are not common, I expect that lots of people would be interested in getting a cashback card like this one. The good thing about that is that the demand for MCO coin would increase (because people need to lock them for 6 months) and I expect that the price of MCO will rise then (there are only 16 million of them, less than Bitcoins). Crypto.com is also launching a white label card programme which could further drive demand.
No guarantees, this is my personal opinion :) I advise you to think about it yourself.

Notes

submitted by blxyy to CryptoAirdrop [link] [comments]

Guide: Crypto.com MCO Visa Card: 10% cashback on groceries (extended!), 1-5% on everything else, free Spotify and $50 bonus! [US, EU, UK, APAC]

The promotion of 10% back on grocery shopping has been extended until the end of September
Available for: US, EU, UK and APAC
The MCO Visa Card offered by Crypto.com is one of the best rewards cards currently available! It works as a normal debit card: you top up the card with your own currency (USD/EUGBP/SGD), you spend it as you normally would and you get the cashback and rewards paid out in a cryptocurrency (MCO token). If you want you can sell the MCO earned for cash immediately.
I think now is a good time to get in. The MCO Token price is quite low currently so it means it's cheaper to get on board. You'll be able to earn back your investment in less than 6 months (see below).
I would appreciate it if you'd sign up through my link: https://platinum.crypto.com/sxzbhwuqje or use code sxzbhwuqje in the app. You will also be eligible for the $50 bonus then (see below). Non-ref link (no bonus): https://crypto.com

What is Crypto.com?

Crypto.com offers an app with which you can easily buy and sell cryptocurrencies without additional cost. The company exists since 2016 (back then under the name Monaco, hence the MCO abbreviation) and now they have 2 million users.
Next to trading within the app you can also get interest on your cryptocurrencies up to 12% (complete overview here), similar to the likes of Celsius and BlockFi.

The MCO Visa card

Through their app Crypto.com also offers the MCO Visa card. This is a debit Visa card tied to the MCO cryptocurrency. There are 5 different card tiers and you get:
All cashbacks and bonuses are paid in the MCO cryptocurrency. You can immediately sell the MCO in the app for pounds/euros, which you can use again for purchases with the card if you want.
To get one of the non-free card tiers you need to buy MCO coin and stake them, which means holding on to them for 6 months. After the 6 months you can sell them again at the then current rate. The price of MCO is currently around $4.10 / €3.60, meaning that you have to lock $205 / €180 for six months to get the Ruby Steel card. You'll earn this back in less than 6 months (see below),
These are the lower three card tiers:
Card Tier Midnight Blue Ruby Steel Jade Green/Royal Indigo
Stake (hold) None (free card) 50 MCO (~ $205 / €180) 500 MCO (~ $2050 / €1800)
Bonus after staking None $50 (in MCO) $50 (in MCO)
Cashback % 1% 2% 3%
Monthly Spotify Rebate No Yes Yes
Monthly Netflix Rebate No No Yes
LoungeKey Airport Lounge Access No No Yes
Metal card No Yes Yes

Calculation example payback time (less than 6 months)

Below I've made an example calculation for the payback time of the Ruby Steel card, assuming a spend of $1000 / €1000 monthly with the card and that you use Spotify. After less than 6 months you will have earned back your initial investment :)
But, additionally you also the worth of your MCO coins that you locked for 6 months. Even if they would be worth only half of what they are worth today, you'd still have a value of $103 / €90 which you could add to the value mentioned in the table below (see below about price expectation) .
Value
$50 bonus immediately after staking $50 / €44
2% cashback on all purchases with the card (assuming montly spend of $1000 / €1000 during 6 months) $120 / €120
Spotify rebate ($10 / €10 per month) $60 / €60
Total $230 / €224

MCO value over time

The MCO cards have just been released for UK and EU this spring and have been available in US since last year, and Canada's next. Because especially in EU cashback cards are not common, I expect that lots of people would be interested in getting a cashback card like this one. The good thing about that is that the demand for MCO coin would increase (because people need to lock them for 6 months) and I expect that the price of MCO will rise then (there are only 16 million of them, less than Bitcoins). Crypto.com is also launching a white label card programme which could further drive demand.
No guarantees, this is my personal opinion :) I advise you to think about it yourself.

Notes

submitted by blxyy to Referral [link] [comments]

$40 free @ Celsius Network - newest codes (also for existing users) + crypto newbie guide

Now a few new codes available, also for existing members :)
Celsius Network is an app for earning interest on your cryptocurrencies up to 12%. You can also get around 8% interest on stablecoins. They are definitely legit, I and many others here already successfully completed this offer.
If you sign up using a referral link they offer $10 free in BTC after you deposit the equivalent of $200 in cryptocurrencies on the app. In addition you can also enter 3 promo codes to get another $30.
Tip: buy the (stable)coins through the Crypto.com app (creditcard fees waived until June 30!) Another good option is Bitpanda.
Steps:
You will see the rewards in the app like this: https://m.imgur.com/a/d8MWRaL
Let me know if you have any questions! I have succesfully withdrawn money from the app, PM me if you want more details :)

If you're new to crypto, some extra information:
About stablecoins
Sending cryptocurrencies to and from Celsius
Hope this extra information helps, please let me know if I should add anything :)
submitted by blxyy to beermoneyuk [link] [comments]

Guide: Crypto.com MCO Visa Card: 10% cashback on groceries (extended!), 1-5% on everything else, free Spotify and $50 bonus! [US, EU, UK, APAC]

The promotion of 10% back on grocery shopping has been extended until the end of September
Available for: US, EU, UK and APAC
The MCO Visa Card offered by Crypto.com is one of the best rewards cards currently available! It works as a normal debit card: you top up the card with your own currency (USD/EUGBP/SGD), you spend it as you normally would and you get the cashback and rewards paid out in a cryptocurrency (MCO token). If you want you can sell the MCO earned for cash immediately.
I think now is a good time to get in. The MCO Token price is quite low currently so it means it's cheaper to get on board. You'll be able to earn back your investment in less than 6 months (see below).
I would appreciate it if you'd sign up through my link: https://platinum.crypto.com/sxzbhwuqje or use code sxzbhwuqje in the app. You will also be eligible for the $50 bonus then (see below). Non-ref link (no bonus): https://crypto.com

What is Crypto.com?

Crypto.com offers an app with which you can easily buy and sell cryptocurrencies without additional cost. The company exists since 2016 (back then under the name Monaco, hence the MCO abbreviation) and now they have 2 million users.
Next to trading within the app you can also get interest on your cryptocurrencies up to 12% (complete overview here), similar to the likes of Celsius and BlockFi.

The MCO Visa card

Through their app Crypto.com also offers the MCO Visa card. This is a debit Visa card tied to the MCO cryptocurrency. There are 5 different card tiers and you get:
All cashbacks and bonuses are paid in the MCO cryptocurrency. You can immediately sell the MCO in the app for pounds/euros, which you can use again for purchases with the card if you want.
To get one of the non-free card tiers you need to buy MCO coin and stake them, which means holding on to them for 6 months. After the 6 months you can sell them again at the then current rate. The price of MCO is currently around $4.10 / €3.60, meaning that you have to lock $205 / €180 for six months to get the Ruby Steel card. You'll earn this back in less than 6 months (see below),
These are the lower three card tiers:
Card Tier Midnight Blue Ruby Steel Jade Green/Royal Indigo
Stake (hold) None (free card) 50 MCO (~ $205 / €180) 500 MCO (~ $2050 / €1800)
Bonus after staking None $50 (in MCO) $50 (in MCO)
Cashback % 1% 2% 3%
Monthly Spotify Rebate No Yes Yes
Monthly Netflix Rebate No No Yes
LoungeKey Airport Lounge Access No No Yes
Metal card No Yes Yes

Calculation example payback time (less than 6 months)

Below I've made an example calculation for the payback time of the Ruby Steel card, assuming a spend of $1000 / €1000 monthly with the card and that you use Spotify. After less than 6 months you will have earned back your initial investment :)
But, additionally you also the worth of your MCO coins that you locked for 6 months. Even if they would be worth only half of what they are worth today, you'd still have a value of $103 / €90 which you could add to the value mentioned in the table below (see below about price expectation) .
Value
$50 bonus immediately after staking $50 / €44
2% cashback on all purchases with the card (assuming montly spend of $1000 / €1000 during 6 months) $120 / €120
Spotify rebate ($10 / €10 per month) $60 / €60
Total $230 / €224

MCO value over time

The MCO cards have just been released for UK and EU this spring and have been available in US since last year, and Canada's next. Because especially in EU cashback cards are not common, I expect that lots of people would be interested in getting a cashback card like this one. The good thing about that is that the demand for MCO coin would increase (because people need to lock them for 6 months) and I expect that the price of MCO will rise then (there are only 16 million of them, less than Bitcoins). Crypto.com is also launching a white label card programme which could further drive demand.
No guarantees, this is my personal opinion :) I advise you to think about it yourself.

Notes

submitted by blxyy to friendlyreferrals [link] [comments]

Guide: Crypto.com MCO Visa Card: 10% cashback on groceries (extended!), 1-5% on everything else, free Spotify and $50 bonus! [US, EU, UK, APAC]

The promotion of 10% back on grocery shopping has been extended until the end of September
Available for: US, EU, UK and APAC
The MCO Visa Card offered by Crypto.com is one of the best rewards cards currently available! It works as a normal debit card: you top up the card with your own currency (USD/EUGBP/SGD), you spend it as you normally would and you get the cashback and rewards paid out in a cryptocurrency (MCO token). If you want you can sell the MCO earned for cash immediately.
I think now is a good time to get in. The MCO Token price is quite low currently so it means it's cheaper to get on board. You'll be able to earn back your investment in less than 6 months (see below).
I would appreciate it if you'd sign up through my link: https://platinum.crypto.com/sxzbhwuqje or use code sxzbhwuqje in the app. You will also be eligible for the $50 bonus then (see below). Non-ref link (no bonus): https://crypto.com

What is Crypto.com?

Crypto.com offers an app with which you can easily buy and sell cryptocurrencies without additional cost. The company exists since 2016 (back then under the name Monaco, hence the MCO abbreviation) and now they have 2 million users.
Next to trading within the app you can also get interest on your cryptocurrencies up to 12% (complete overview here), similar to the likes of Celsius and BlockFi.

The MCO Visa card

Through their app Crypto.com also offers the MCO Visa card. This is a debit Visa card tied to the MCO cryptocurrency. There are 5 different card tiers and you get:
All cashbacks and bonuses are paid in the MCO cryptocurrency. You can immediately sell the MCO in the app for pounds/euros, which you can use again for purchases with the card if you want.
To get one of the non-free card tiers you need to buy MCO coin and stake them, which means holding on to them for 6 months. After the 6 months you can sell them again at the then current rate. The price of MCO is currently around $4.10 / €3.60, meaning that you have to lock $205 / €180 for six months to get the Ruby Steel card. You'll earn this back in less than 6 months (see below),
These are the lower three card tiers:
Card Tier Midnight Blue Ruby Steel Jade Green/Royal Indigo
Stake (hold) None (free card) 50 MCO (~ $205 / €180) 500 MCO (~ $2050 / €1800)
Bonus after staking None $50 (in MCO) $50 (in MCO)
Cashback % 1% 2% 3%
Monthly Spotify Rebate No Yes Yes
Monthly Netflix Rebate No No Yes
LoungeKey Airport Lounge Access No No Yes
Metal card No Yes Yes

Calculation example payback time (less than 6 months)

Below I've made an example calculation for the payback time of the Ruby Steel card, assuming a spend of $1000 / €1000 monthly with the card and that you use Spotify. After less than 6 months you will have earned back your initial investment :)
But, additionally you also the worth of your MCO coins that you locked for 6 months. Even if they would be worth only half of what they are worth today, you'd still have a value of $103 / €90 which you could add to the value mentioned in the table below (see below about price expectation) .
Value
$50 bonus immediately after staking $50 / €44
2% cashback on all purchases with the card (assuming montly spend of $1000 / €1000 during 6 months) $120 / €120
Spotify rebate ($10 / €10 per month) $60 / €60
Total $230 / €224

MCO value over time

The MCO cards have just been released for UK and EU this spring and have been available in US since last year, and Canada's next. Because especially in EU cashback cards are not common, I expect that lots of people would be interested in getting a cashback card like this one. The good thing about that is that the demand for MCO coin would increase (because people need to lock them for 6 months) and I expect that the price of MCO will rise then (there are only 16 million of them, less than Bitcoins). Crypto.com is also launching a white label card programme which could further drive demand.
No guarantees, this is my personal opinion :) I advise you to think about it yourself.

Notes

submitted by blxyy to referralcodeshub [link] [comments]

Guide: Crypto.com MCO Visa Card: 10% cashback on groceries (extended!), 1-5% on everything else, free Spotify and $50 bonus! [US, EU, UK, APAC]

The promotion of 10% back on grocery shopping has been extended until the end of September
Available for: US, EU, UK and APAC
The MCO Visa Card offered by Crypto.com is one of the best rewards cards currently available! It works as a normal debit card: you top up the card with your own currency (USD/EUGBP/SGD), you spend it as you normally would and you get the cashback and rewards paid out in a cryptocurrency (MCO token). If you want you can sell the MCO earned for cash immediately.
I think now is a good time to get in. The MCO Token price is quite low currently so it means it's cheaper to get on board. You'll be able to earn back your investment in less than 6 months (see below).
I would appreciate it if you'd sign up through my link: https://platinum.crypto.com/sxzbhwuqje or use code sxzbhwuqje in the app. You will also be eligible for the $50 bonus then (see below). Non-ref link (no bonus): https://crypto.com

What is Crypto.com?

Crypto.com offers an app with which you can easily buy and sell cryptocurrencies without additional cost. The company exists since 2016 (back then under the name Monaco, hence the MCO abbreviation) and now they have 2 million users.
Next to trading within the app you can also get interest on your cryptocurrencies up to 12% (complete overview here), similar to the likes of Celsius and BlockFi.

The MCO Visa card

Through their app Crypto.com also offers the MCO Visa card. This is a debit Visa card tied to the MCO cryptocurrency. There are 5 different card tiers and you get:
All cashbacks and bonuses are paid in the MCO cryptocurrency. You can immediately sell the MCO in the app for pounds/euros, which you can use again for purchases with the card if you want.
To get one of the non-free card tiers you need to buy MCO coin and stake them, which means holding on to them for 6 months. After the 6 months you can sell them again at the then current rate. The price of MCO is currently around $4.10 / €3.60, meaning that you have to lock $205 / €180 for six months to get the Ruby Steel card. You'll earn this back in less than 6 months (see below),
These are the lower three card tiers:
Card Tier Midnight Blue Ruby Steel Jade Green/Royal Indigo
Stake (hold) None (free card) 50 MCO (~ $205 / €180) 500 MCO (~ $2050 / €1800)
Bonus after staking None $50 (in MCO) $50 (in MCO)
Cashback % 1% 2% 3%
Monthly Spotify Rebate No Yes Yes
Monthly Netflix Rebate No No Yes
LoungeKey Airport Lounge Access No No Yes
Metal card No Yes Yes

Calculation example payback time (less than 6 months)

Below I've made an example calculation for the payback time of the Ruby Steel card, assuming a spend of $1000 / €1000 monthly with the card and that you use Spotify. After less than 6 months you will have earned back your initial investment :)
But, additionally you also the worth of your MCO coins that you locked for 6 months. Even if they would be worth only half of what they are worth today, you'd still have a value of $103 / €90 which you could add to the value mentioned in the table below (see below about price expectation) .
Value
$50 bonus immediately after staking $50 / €44
2% cashback on all purchases with the card (assuming montly spend of $1000 / €1000 during 6 months) $120 / €120
Spotify rebate ($10 / €10 per month) $60 / €60
Total $230 / €224

MCO value over time

The MCO cards have just been released for UK and EU this spring and have been available in US since last year, and Canada's next. Because especially in EU cashback cards are not common, I expect that lots of people would be interested in getting a cashback card like this one. The good thing about that is that the demand for MCO coin would increase (because people need to lock them for 6 months) and I expect that the price of MCO will rise then (there are only 16 million of them, less than Bitcoins). Crypto.com is also launching a white label card programme which could further drive demand.
No guarantees, this is my personal opinion :) I advise you to think about it yourself.

Notes

submitted by blxyy to referralcodes [link] [comments]

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