CryptoAdventure

The best spot for an intriguing adventure to everything crypto: news, in-depth reviews of crypto projects, coins, and beginners guides!

Tycoon presents you a chance to profit from its crowdsale amidst a global pandemic. With the Tycoon online token shop opening, Tycoon offers opportunities for every investor in the market, hoping for a significant contribution from you.

Recently, Tycoon completed their tokens pre-sale while adding final touches to the project at hand. The company realizes the rising necessity of digital finance and financial technology to create doorways to a successful investment and maximization of your income. It has been working endlessly for the past 2 years to have the token ready before listing.

Why Tycoon should be Your Priority

The need for investing in cryptocurrencies is steadily rising in the crypto space, with users looking forward to maximizing their earnings. Tycoon, a tokenized platform, allows users to realize their potential with the start of their crowdsales. 

Shareholders and investors can purchase as many tokens as possible via the Tycoon Token Shop. The crypto market experiences unpredictable events, therefore, users who wish to transform their assets to crypto can do so easily on the Tycoon platform. 

The TYC token functions the same way as a currency, ultimately rewarding users with profits and discounts on fees. The ecosystem lies on a two-layered security system that comes with other security protocols including, KYC verifications, email verifications, and eliminating any form of illegitimate market handling by traders. All these algorithms are necessary to protect the users and create a safe ecosystem to trade in.

In case you are a newbie in crypto investment, worry no more about losses and other mistakes. The Tycoon platform offers you an option to copy the styles of pro traders on the platform. Likewise, you get rid of any third party involvement. 

They further make your work easier by ranking traders according to classification algorithms; hence, following them on the platform is straightforward. As a follower, you are free to move on the platform anonymously. 

Participate in the Crowdsale Now

TYC is an ERC-20 token, only available on the Tycoon token online shop. The token will be the basis of all activities on the Tycoon platform. The security protocol put in place, assures you of a private and secure period in all your endeavours there. 

As they always say, the early bird catches the worm. There are 140 million TYC tokens to circulate the market selling at $0.10. Involving yourself in the fresh crowdsale allows you to get a 10% bonus on the token sale. Any future transactions like connection fees or profit shares will be subject to a 25% discount on transaction fees. The token facilitates an early  access for the best user experience before anyone else. 

Get a greater chance to earn more through the referral system. The most exciting thing is that you refer as many people as you wish and grab yourself a 15% extra on the TYC tokens on your purchase. Moreover, if you get followers on the platform, you benefit from their returns without having to actively manage the process.

Tycoon: The Future of Assets

Tycoon prides itself as an entire social crypto trading platform, protecting your assets, and making your experience as effortless as possible. It provides a bridge between successful traders and learning users. The platform watches closely every activity by traders through an API connection and can automatically display on a follower’s folder. Furthermore, a user can automatically copy their assets’ portfolio to their preferred exchange accounts for easier investments management.

Additionally, users can split their investments into various traders to facilitate the utilization of their folders, and make use of their investments on different exchange platforms. Tycoon aims to implement the benefits of other cryptos to offer you an unbeatable platform for your crypto investments.

The introduction of cryptocurrencies caused a wave in the financial world. Like any new concept, the idea of digital currencies attracted both supporters and opposers. For the pessimists, the concept of virtual currencies did not seem possible. For the enthusiasts, cryptocurrencies would provide solutions for the challenges that the traditional fiat system posed.

One of the areas that cryptos helped broaden was the investment field. The digital currencies presented a new way of investing. However, as much as cryptos are an excellent way of investing in digital assets, they do pose some limitations that deter many investors.

Stablecoins were developed to deal with some of the limitations that cryptocurrencies posed. Now, it seems that these coins are also not the answer and have limitations of their own.

So, how does a coin overcome these challenges? GSX, from Apollo Fintech, promises to do so by combining the positive elements from each party. This article will delve into how GSX plans to achieve that. But first, what are these limitations of cryptocurrencies and stablecoins?

Limitations of Cryptocurrencies in Investment

Undoubtedly, cryptocurrencies come with several disadvantages. Their decentralized nature helps users to get rid of third-party intermediaries such as banks and governments. In doing so, users can lower the transaction fees, achieve faster transaction speeds, and achieve better transparency of the transactions, which are recorded in a public ledger.

That said, these digital currencies present some limitations, which could be a significant drawback to the use of cryptocurrencies in investment.

The most significant drawback is price volatility. The value of digital currencies keeps fluctuating, depending on market demand. Other factors, such as news and current events, also affect the spot rate price of cryptocurrencies. For example, the cryptocurrency market experienced a crash, following a surge in the COVID-19 numbers earlier this year.

There are several reasons behind cryptocurrencies’ volatility. Top of the list is the lack of inherent value. Usually, governments regulate their fiat currencies to maintain low inflation rates and increase investment in capital resources to ensure the currency’s growth.

Cryptocurrencies don’t have a central authority governing them, which means that there is no guarantee for their minimum valuation. If, for example, a large group of crypto holders decided to dump the crypto, its value would decrease significantly. Users who had invested significant amounts in the said cryptocurrency would, therefore, suffer substantial losses. It is for reasons such as this that investors steer away from digital currencies.

Stablecoins as Investment Options

The volatile nature of cryptocurrencies forced developers to get back to the drawing board. Stablecoins were developed as an answer to the fluctuating prices of digital currencies. Unlike other digital currencies, stablecoins have their value pegged onto other tangible and intangible assets. Most usually have their values pegged onto fiat currencies such as the USD, while others peg their value onto gold and diamond, among other assets.

Stablecoins try to provide a balance between the fiat currencies and digital currencies. Because they have the backing of real-world assets, they function quite similarly to fiat currencies. On the other hand, they are decentralized in nature, allowing them to harness the advantages of not having an intermediary.

However, much these coins present several advantages over other cryptocurrencies, stablecoins are also not ideal for investment. The primary reason for this is that they rarely increase in value. Unlike other cryptocurrencies that are steered by the volatile nature in the market to help improve their value, stablecoins remain mostly unaffected, unless the underlying asset significantly increases in value. In this regard, these digital currencies are not the best options for investors who are looking to cash in faster.

GSX: The Ideal Blend of Cryptocurrencies and Stablecoins

Apollo Fintech, a leading provider of innovative blockchain solutions, is looking to introduce the first stablecoin that will perpetually grow in value. Gold Secured Currency, GSX, combines all the ideal characteristics of a cryptocurrency and a stablecoin, to offer the perfect choice for an investment coin.

GSX, which is trust-backed, encompasses all the benefits of cryptocurrencies. There’s no central authority governing its functioning and distributions. Additionally, the coin offers transparency as all the users in the ecosystem can keep track of all the transactions.

GSX has its value backed by gold and gold-rich land, which makes it a stablecoin. Apollo Fintech is responsible for mining precious metals in over 3,000+ acres of platinum and gold rich land in Zimbabwe. The company’s investment in mining infrastructure and more mining lands holds the key to GSX’s increase in value. As the land and infrastructure increase in value with time, so will the price of GSX rise. Besides, Apollo will use 50% of the income after expenses and growth to back GSX.

GSX holders will have claim rights to the land, mines, refinery, and equipment used. The claim rights will be held in a trust so that holders have legally-binding ownership. Therefore, the value of the stablecoin will keep increasing as Apollo gains more assets and expands its operations.

Additionally, Apollo provides a variety of blockchain solutions. The company will reinvest 25% of the transaction fees generated from these products. Apollo will use this income to buy more land and gold to back the GSX coin.

GSX CDE and Token Sale

Apollo will be holding a CDE for GSX. During the event, 10 billion coins of the total 30 billion GSX coins will be available for purchase. The coins will sell at $0.046. Apollo Fintech will hold the remaining 20 billion coins for one year from the date of the distribution event.

Currently, GSX is running a token sale on their website. Each day, buyers receive a percentage buying bonus for the GSX coins they purchase. Besides, GSX is offering additional quantity bonuses for a limited time. For examples, buyers who acquire more than 50,000 coins receive a 5% bonus, 10% bonus for more than 500,000 coins and a 15% bonus is available for buyers who purchase more than 5,000,000 coins.

Author’s Note

Cryptocurrencies and stable coins provide several advantages, and we cannot deny that they were excellent additions to the financial world. However, the limitations imposed by their nature make them unsuitable for investments, which has been a significant hindrance in mass adoption.

Gold Secured Currency is a digital currency that brings together the positive attributes of cryptos and stablecoins. In doing so, GSX has managed to provide the ultimate solution for investors who would love to venture into digital assets. The coin comes with gold and gold-rich land backing, which in turn ensures the coin’s perpetual growth.

Almost every day, the world of Blockchain is introduced to new projects, each with the promise of innovative ideas that are supposed to change the world as we know it. Some of the projects talk about solving real-world problems, while others create problems yet to be solved. In all this hassle and competition, once in a while, there comes a shining light that manages to push through the pressure of high influx and cement their existence as a game-changer.

EcoChain, a public, transparent, and security-focused blockchain network, is one such project.

Bridging Markets with Transparency and Security

The largest Blockchain project coming out of Thailand, EcoChain is an open-source public blockchain network. The EcoChain network is a product of a team of Thai developers who realized the fundamental flaws of major projects out there – Security, Scalability, and Transparency, and promised to improve upon them.

EcoChain is a platform that aims to bridge the gap between real-world markets and virtual blockchains. They propose to develop an infrastructure that puts the users and developers at the center of all activity. To solve one of the most rampant problems in markets today, i.e., centralization, the team developed a third-layer, high-performance blockchain protocol. In practice, the platform can circumvent the problems of inefficiency, accessibility, and scale by functioning as a decentralized platform that puts Security and Transparency at its heart.

When asked about the Vision of the network, the team enthusiastically commented “ECOChain works as the bridge that connects applied technology and real-world markets on blockchain technology!”.

EcoChain leverages the Ethereum Blockchain for its customizability. By building on an already proven high-functionality blockchain, EcoChain can compound any innovations it makes on-chain.

On the EcoChain network, developers have the advantage of executing Smart Contracts in scale. The EcoChian is said to have developed a consensus mechanism for Oracles to guard any changes made to the state of a Smart Contract. This basically means that by solving the third-party incentive problem, Smart Contracts do not have to blindly trust any Oracle to verify an outcome. The idea is to have a blockchain as the first layer to make sure data is accurate, then grant permission to the smart contract for execution.

To understand more about what EcoChain has to offer, let us dive into the important features of the chain.

Features of EcoChain

High TPS: EcoChain boasts one of the most efficient networks in the game. They ensure a high transaction throughput chain, without sacrificing on decentralization and transparency. According to the team, EcoChain can currently process 560 transactions per second, which is an astonishingly high TPS rate. This number is only said to increase as the number of users and developers will rise.

Consensus Mechanism: Learning from the flaws and loopholes of bigger projects like Ethereum and Bitcoin, EcoChain has adopted a form of Proof-of-Stake (PoS) consensus mechanism. The in-house PoS allows the network to host block size of up to 4 MB and a block time of 32 seconds, making it both transparent and scalable. One of the major advantages of EcoChain’s PoS is that it allows the network to scale by verifying a high amount of transactions, and at the same time does not give in to centralization and insecurity.

Distributed Architecture: the PoS designed by EcoChain keeps the spirit of the market alive. By forming a distributed architecture, they have built a trust-less layer that adheres to nobody but the members of the network. At present, EcoChain has developed a new form of incentive mechanism called Proof-of-Support (POSp). POSp is a game-theoretic incentive mechanism that encourages participation, network loyalty, onboarding, and creation of new markets.

“The purpose of this post reward is to better build the ECOC community ecosystem, connect the ECOC ecosystem with the industry’s top media and institutions, and jointly create a new future for the public chain.”

Connecting with the Real World: Smart Contracts, as we all know, are destined to come out as the biggest use case for blockchains. From finance to supply chain to real estate to law, the application of smart contracts is huge. Since Smart Contracts rely on Oracles for execution, EcoChain has also solved the long-standing Third-Party Oracle problem, which is said to roll out anytime soon. By positioning themselves to make most of the incoming wave, the network has cemented its place as a prospective platform for Smart Contract development.

Token Metrics:

Founded: 2017

Ticker Symbol: ECOC

Built on: Ethereum Blockchain

Website: ecoc.io

Traded on: Bittrex Global, MCX, Boboo

Estimated Supply: 2,000,000,000 EcoC

Market Price: $1.84 (As of July 24th 2020)

Conclusion

In essence, EcoChain is a simple and easy to use platform that leverages the capabilities of a Blockchain to spread decentralization, transparency, and openness. The team has invested a lot of time and money into making the experience of the users as smooth and painless as possible. It’s no wonder that success has followed the project, owing to its user-centric ideals.

With innovations in Smart Contracts, Oracle-based Incentive mechanism, scalability, transparency and connecting established markets, the applications of EcoChain are endless. Add to this the ability to execute a truly open and decentralized application in scale, makes EcoChain a lucrative platform for the future.

The surge in crypto exchanges has been astonishing, considering governments dire need to sanction cryptocurrencies. However, even so, it seems crypto adoption is inevitable, and the number of crypto exchanges will continue to grow.

Currently, on coinmarketcap, there are up to 314 exchanges. All these exchanges have different features, transaction fees, and support different coins. But which exchanges can you trust? We’ve all read the news of the many hack incidents that have happened in the crypto space.

Well, put OKex on top of the list of exchanges you should consider. OKEx exchange is among the largest and most popular fiat-to-crypto and crypto-to-crypto exchanges globally, with over 20 million customers spread across 100 countries.

According to the Exchange Review March 2020 research by CryptoCompare, Okex topped the derivatives market in March 2020, becoming the world’s largest cryptocurrency spot and derivatives exchange.

Find out all about OKEx’s exchange fees, payment methods, range of tradable assets, types of trading, and more in this comprehensive review.

OKEx Overview

OKEx is a Malta-based crypto exchange that enables users to securely buy, sell and trade cryptocurrencies such as BTC, ETH, LTC and other cryptos. The exchange was initially founded in Hong Kong in 2016 but moved to Valetta, Malta, in 2018 following harsh crypto law and regulation in China.

Star XU – a Chinese businessman founded OKEx. The current CEO is JayHao – a tech veteran and seasoned industry leader. He focused on developing blockchain-driven applications for live video streaming and mobile gaming before joining OKEx as the CEO.

OKEx is part of OK Group– a reputed blockchain technology company established in 2013 to focus on the research and development of the technology and its all-scenario applications.

OKEx sets itself apart from other exchanges with its user-friendly interface complemented by the support of over 400 trading pairs and reasonable trading fees and several purchase options. The exchange is ideal for beginners, IEO Participants, OTC as well as professional traders.

OKEx Trading Platform

OKEx, an exchange trading platform, is available both in-browser and in the form of downloadable desktop client software. In fact, OKEx is among the few crypto exchange platforms across the globe that offers a downloadable, stand-alone desktop platform.

A downloadable software comes in handy to avert the risk of a browser experiencing memory or processing difficulties and possibly freezing while trading -a major inconvenience. The stand-alone desktop platform is ideal for traders seeking multiple-monitor support to duplicate the entire layout multiple times or seamlessly move to another monitor.

The UI is well designed, resembling high-end forex and stocks trading platforms. For the proprietary features, OKEx features a charting package that is developed by parent company and sister exchange – OKCoin. You will appreciate the charts as they are much better than those provided by other crypto exchange platforms. The exchange is also available as a mobile app (iOS and Android smartphones)

OKEx Trading Conditions

Tradable Assets

OKEx exchange supports the standard crypto-to-crypto trading, fiat to crypto trading, as well as spot and derivatives trading, i.e., BTC, ETH and EOS future contracts. The platform supports over 150 digital tokens with over 400 BTC and USDT tradable pairs. The supported tokens also include OKB – a utility token issued OK Blockchain Foundation.

OKEx supports more than 30 fiat currencies, including USD, EUR, GPW, KRW, JPY etc. The exchange also supports stablecoins, including Tether, Paxos Standard, TrueUSD, USD Coin and Gemini Dollar.

OKEx Fees

OKEx trading fees are based on maker-taker type of fee schedule to enhance liquidity and promote order placement. The Maker fee is payable when the trade order isn’t matched with an existing order on the order book. On the contrary, the taker fee is payable when the trade order is paired with an existing order on the order book.

The maker and taker fees usually start from 0.10% to 0.15%, respectively. The Maker fee is generally lower than the taker fee. Most crypto traders are market takers since becoming a market maker requires substantial investment in securities and trading volume.

Trading Fees

OKEx charges market takers a maximum of 0.15% for spot trading. This is below the crypto market average, which stands at 0.25%. The trading fees also vary based on the trader’s trading fees. However, VIP traders are usually given commissions on trading fees. Market takers are charged anywhere between 0,03% to 0.05% for futures and options trading.

Below is a table showing OKEx trading fees.

Tier Monthly Volume Requirement Maker Taker Maker Discount Level 1 $1.00 + OKB Balance = 0.00 0.10% 0.15% 0.00% Level 2 $10,000,000.00 + OKB Balance = 0.00 0.06% 0.08% 0.00%

Deposit and Withdrawal Fees

OKEx doesn’t charge users deposit fees. However, traders must pay a withdrawal fee depending on the token. The withdrawal fees are also quite low compared to other crypto exchanges. Here is a table indicating the withdrawal fees. You can find the complete list here.

Asset Withdrawal Fees Minimum Withdrawal Bitcoin (BTC) 0.0005 0.0005 Ethereum (ETH) 0.01 0.01 XRP(XRP) 0.15 0.15 Tether (USDT) 2 2

Margin Interest Rate Fees

In margin trading, crypto exchanges charge you a certain amount of fees for taking leveraged and holding a trading position overnight or for a couple of days as you wait for a price movement. OKEx charges a margin interest rate using an hourly interest rate system. You can find their rates Here.

Methods of Payments

OKEx supports several payment options depending on the geographical location of a user. Notable payment options include Alipay, Bank transfer, credit and debit cards, WeChat payment network, Alipay, crypto-transfers and Paxful-supported payment methods such as PayPal.

Is OKEx Safe in 2020?

In terms of security, OKEx implements a functional cybersecurity architecture with two-factor authentication on the users’ side. To ensure the utmost security of users’ funds, even in the event of hacking, OKEx employs distributed storage. The exchange constitutes various cold storage locations placed across the world to minimize asset exposure during hacking. Also, hot wallets are integrated into the exchange via private keys to enhance security.

OKEx was hacked in August 2017 with one user claiming to have lost 200 BTC. However, OKEx refuted the hacking claims stating that it could be due to the account holder’s failure to secure their accounts through passwords and not the vulnerability of the exchange.

Nonetheless, the platform has since enhanced accounts security via 2-factor authentication, mobile verification code for changing security settings and withdrawals, email verification codes and anti-phishing codes in every OKEx email.

All in all, the platform appears to be safe and has gained rave security reviews from different security agencies. It’s also registered in Malta and Hong Kong and complies with the Virtual Financial Asset Act (“VFAA”), which is part of the Malta Financial Services Authority.

OKEx Pros and Cons

Pros

Above-average liquidity

Widespread trading options

Advance exchange features, including margin trading, derivatives markets etc.

Low trading and withdrawal fees

No deposit fees

Fiat deposit support

24/7, live chat customer support.

Cons

Deposits are not insured

Poorly developed mobile app

The platform has withdrawal transfer limitations

It has lower listing standards compared to other top cryptocurrency exchanges

Not available to US Citizens

The Bottom Line

It’s no surprise that OKEx is among the top global crypto-crypto and fiat-to-crypto cryptocurrency exchanges. The exchange boasts great liquidity, a wide range of supported assets, superb, user-friendly features, below market average trading fees and supports several trading options. Above all, OKEx is safe and features both cold and hot wallets technology. You can always rely on this platform for all your crypto trading needs.

Source: Crypto Adventure

In 2012 all UN member states adopted the Sustainable Development Goals (SDGs), also known as global goals in 2015, to address poverty and increase global peace. The Sustainable Development Goals (SDGs) are a collection of 17 global goals designed to be a blueprint to achieve a better and more sustainable inclusive future for all. With blockchain’s fundamentals of transparency, algorithmic consensus, and shared distributed record-keeping, it represents a technological opportunity and inspiration to create value to the SDGs in a responsible way. As an emerging technology of trust and with its transformative possibilities benefits are wide ranging to build a more broadly inclusive global society. The Core Group subscribes to the reflection of the SDGs ambitious intentions, the principle not to leave anyone behind and therefore designed their Core Techfin platform with the aim to increase global reach by giving an all-in-one platform that not only offers a financial services platform but also a marketplace platform built on a communications network that can execute the Core Blockchain based transactions even without access to the internet.

Core Group is a software platform built on the Core Blockchain Network and Core Smart Contract platform for data management in all forms of digital identity, and other transaction-related solutions on its proprietary mesh network.

Core Group and the SDG's

Business plays a vital part in achieving the Sustainable Development Goals. The Core Group suite of products, not only provide a global unique services platform to an all-inclusive global society, but it also provides corporate companies to align their SDG implementation strategies as well as measure and manage their contribution to the SDGs.

The Core Blockchain Based Platform allows companies to maximize their contribution to the SDGs. The implantation of corporate SDG initiatives on a Core Smart Contract platform ensures transparent sustainability is the outcome of their core business strategy, contributed through their core activities, whilst the Core Impact Investment Factor Analytics Platform assesses corporate impact, allowing for ambitious goals and communicating transparently about the results.

When talking to the guys and girls at Core Group, they will tell you they are still in the early stages of exploring their Core Blockchain potential, and many of the most exciting and compelling uses are still to come, especially as they expand their mesh network and their EduTing platform.

Keep on reading to better understand Core Group and its features, which we believe, will change the future of blockchain and SDGs.

The Core Group's Services

Ping Exchange

Ping Exchange, which is still in development and will be released in various stages with various functionalities, is a real decentralized exchange platform with a specific focus on user-friendly trading including a P2P barter trade community. Ping exchange is the key component in the Core Token Circular all-inclusive Digital flow of Economy. Ping Exchange will be released in consecutive versions as they will be ready and or acquire their regulatory approvals. It is our opinion that the most promising aspect of Ping Exchange is the underlying blockchain technologies and the trading of cryptocurrencies is the perfect combination for us to be able to interact across the borderless, unrestrained network of the Core Token Eco-System of Digital Identity, transacting and executing document exchange.

Ping Exchange is a trading platform for virtual currencies, tokens, commodities, and financial assets. It's also a hybrid exchange because it combines the properties of both centralized and decentralized exchanges.

Many exchanges deal with crypto to crypto, fiat to fiat, crypto to fiat, and vice versa. However, Ping Exchange includes the exchange of crypto and other commodities with the added feature of trading digital assets as well as digital identity and document exchange. Here are a few characteristics associated with the platform:

Liquidity- This exchange supports liquidity through the digitation and functioning and or tokenization of financial bankable instruments, assets and or any transaction of value.

Transparency- in the financial world, transparency is vital. Ping exchange is built on the Core Blockchain Network, a decentralized transparent digital ledger. Traders can, look into transaction records at any time in the future.

Security- All funds in Ping Exchange are collected in wallets. All wallets in Ping Exchange are using the ED448 Edwards curve cryptography of Core Blockchain.

Diversity- Since it's made in the belief that all things can be digitized, it offers a wide range of P2P exchanges. As earlier stated, this includes crypto to other commodity exchanges.

Autonomous smart contracts- The Core Token Contract Platform deployed on the Ping Exchange allow exchange on a peer to peer basis without the involvement of other central authorities.

The services offered in the Ping Exchange include the conversion of crypto, fiat, other token assets, and commodities. Ping exchange also allows users to trade between different markets. Their storage is highly secure since it's offline, all in cold wallets; thus, it's not prone to hacking.

We are told by Core Group that development in the near future on Ping Exchange will also include:

Escrow platform

OTC platform

Crypto custodial platform

Wall Money

Wall Money, which is still in development and financial licensing phase, is a platform that allows small businesses additional income streams by incorporating other monetary services like crypto and fiat exchanges. Therefore, it is a banking as a service platform that supports lending, hedging, money remittance, internet banking, account issuance, and more.

One trader currently has several accounts for trading shares, then others for trading crypto and also bank accounts. Wall Money, however, offers all these services just on the platform. It's a one-stop-shop for all financial services.

Core Pay

The Core Pay platform is still in the development stages but aims to let its users, e.g., banks and other businesses, offer state of the art payment services. The payments can be made in crypto and fiat. This platform will allow merchants to accept anything of value as payment, including barter swaps.

Core Token

Core Token is a smart contract and tokenizing platform that allows anything of value to be digitized to fit in a blockchain-based environment. Core Token projects use blockchain technology to execute their processes in a more secure, transparent environment.

Core Token, therefore, using blockchain technology allows for decentralized digitization of primarily everything around us. Whether it's processing financial transactions, service provision, product selling, data transmission, and or asset trading, the tokenization of everything is possible. Core Token is an interoperable platform and allows the linking of all blockchain networks and other cloud databases on the same platform.

The advantage of digitized Core Tokens is that anything can be recorded into the blockchain databases. Also, they offer clients or token holders unlimited access to any information recorded in blockchains about a product or a service.

Core Blockchain

It's the Core Group's blockchain that uses ED448 cryptographic security. This blockchain allows for interoperability with other blockchains that require its services. Core Coin has smart contract functionality, decentralized applications, supporting stable tokens, crypto, commodity, and digitized value items in the marketplace.

Core Coin utilizes the Core Group’s MESH Network with custom protocols developed that have a 98% global coverage. This allows the Core Blockchain to transmit transactions without the use of the internet. It uses the latest cryptography therefore it is highly secure and the most decentralized of all blockchains. Its smart contract platform offers fast transaction verification of 7 seconds per block. Core Blockchain brings financial information to the crypto world by using enhanced address structures, simplifying the transfer of holders of value to a receiver's address.

Some of the Core Blockchain features are as follows:

Interoperability- The blockchain allows creating private networks. That helps other blockchains take advantage associated with the Core Blockchain, which includes speed and bridging to fiat. These side chains and permissioned chains can use all the services offered by the Core Group.

Smart assets - Core Blockchain Allows you to custom-build advanced smart contracts for your use case structure within the Core Token Smart Contract platform - That includes all arrangements backed by the legal environment

Security- Highly secured using Edwards curve(ED448) with 224-bit security and decreased adverse effects.

Why You Should Invest With Core Group

Core Group aims to tokenize, digitize all aspects of the economic and financial World. That will be achieved by the tokenization of everything, thus making the whole World a smart city.

The aim of investing in a permanent secure Core Blockchain is to ensure that all transactions and digital details are maintained. Any platform using the Core Blockchain will get unlimited benefits, including a bridge to the fiat world. However, for the Core Group to get to this point, more investors need to come on board. Be part of the future of the financial world by investing in the Core Group Tokens and Core Group Holding.

Source: Crypto Adventure

Cryptocurrencies have been gaining dominance in the financial markets over the last couple of years. Besides embracing blockchain technology, more people are now looking into crypto trading. The market is currently flooded with over 5’000 coins, and globally, crypto enthusiasts are looking for ways to make money by trading these digital currencies.

LCX is a platform that provides users with an efficient trading platform without sacrificing security aspects. The crypto trading market is thriving, but it continues to face several issues. Some of these challenges are due to the high number of individuals dealing with cryptos, while others are due to current exchanges’ inefficiencies.

Overall, understanding these problems is the first step to solving them. LCX has taken time to understand these issues and is finding ways every day to help curb them. This article will explore a few pain points in crypto trading and how LCX is moving forward to sort them.

Pain Points in Crypto Trading

Here is a list of common issues traders face in cryptos and digital assets’ markets.

Cyber Crimes

Cybercriminals have been taking advantage of digital assets from the word go. The history of cryptocurrencies is crippled with millions worth of dollars that have been lost in hacking and other online criminal activities. This factor, in turn, has a detrimental effect on the value of cryptos. Traders have lost hard-earned funds with zero chances of recovery since transactions are irreversible.

Unreliable News

Spreading false information via social media platforms is one of the significant challenges that cryptocurrencies face. The crypto trading market comprises both pro and novice traders. Investors with little or no knowledge of cryptocurrencies and other users become victims of unreliable news. Therefore, they cannot determine if the information is accurate or not.

Price Volatility

Different cryptocurrency platforms hold different prices for digital assets. It makes it harder for users to determine the most effective and promising ones to invest in. Since the market is highly unstable, users have to perform investment options carefully and find out platforms where they can trade at minimal fees for higher returns. Furthermore, the whales in the crypto market always get the chance to dictate asset prices.

Slow Transactions

The cryptocurrencies systems get slower over time, as more individuals join the crypto trading world. When there are many transactions lined up on the blockchain, it takes longer to process and confirm them. In some crypto platforms, investors may have to part with higher transaction fees if they want faster transactions. The charges may not be affordable for every user. Being a volatile market, the more the delays, the higher the costs for investors.

Scams

Ponzi schemes are usually platforms that are in pursuit of defrauding innocent investors. Users get attracted to a crypto market that guarantees enormous returns on investments, and eventually, the platform’s site disappears together with the user’s money. Apart from frauds, ICOs manipulation leads to investors blindly putting their money in promises of increasing token price. Entrepreneurs exaggerate a coin’s popularity then withdraw from it later, leaving users with valueless coins.

Legal frameworks or lack thereof in cryptocurrencies is a major issue hindering the investment potentials surrounding crypto markets. Several countries have regulatory measures for crypto exchanges. Nonetheless, many crypto users engage in illegal activities, including money laundering and tax evasions threatening the credibility of the cryptosystems.

LCX’s Role in Providing Solutions to These Problems

Regulatory Compliance

Regulations and compliance have been a pressing issue considering most cryptocurrencies do not have specified legal stands on trading. However, LCX provides a platform, which puts transparency first.

Following the Blockchain Act implemented in 2020, LCX provides user rights to its customers, including contractual, securities, bankruptcy, consumer, and investors regulations. Hence, they assure customers of credibility in their digital asset ownership and avoidance of illegal involvements. Furthermore, the platform offers standardized crypto issuance and trading.

A More Secure Platform

Decentralization has been the answer to most security problems in the trading industry. While maintaining user anonymity and control over their funds, the LCX system enables resilience to hacks and theft. Furthermore, the platform utilizes the Legal Entity Identifier and the International Token Identification Number (ITIN) to ensure that every digital asset has a unique security stamp. It makes it easier to track their use by both users and stakeholders. Transactions are immutable enabling protection against fraudulent activities and external threats.

Besides, LCX has options to allow users to store their assets with end-to-end encryption. They are also able to have control over their private keys, unlike most online wallets. Most crypto traders prefer cold wallets for security purposes. Nonetheless, this option comes with many inconveniences. The ability to store assets on the platform with assured protection makes it easier for users.

Faster Transactions

Traders are entering the market every day with high expectations on speedier transactions. LCX avails its users with an option to make management and transfer of assets easier and faster. Also, by eliminating the need for third parties, transactions are directly involved while entailing anonymity, raising the trust, and lowering the costs associated.

Reliable Real-Time Information

Falsified information on trading platforms on the Internet is on the rise every day. LCX provides users with real-time information on the ongoings within the crypto world. While utilizing different active sources, the network instills a reliable data platform that is non-technical and technical, depending on your understanding levels.

New investors who are susceptible to scams and misdirections can, therefore, put their worries to rest. LCX has a secure social media platform that engages its users in discussions and follow-ups on important information surrounding crypto markets. Contributions of major investment-based companies into the network enables investors to make sound decision making as far as crypto trading is concerned.

News Desk and Social Insights

LCX Terminal already features an integrated news desk to offer traders the most important news right next to their crypto portfolio. With the recent partnership announcement with LunarCrush, LCX is expanding this functionality. LCX will be the first trading platform to integrate social signals and analysis for cryptocurrency markets. We learned from insiders that the upgraded platform is already being tested and will be launched soon.

More Trading Options

LCX is providing new investors with more trading options, unlike in the traditional markets. The revolutionized platform allows investors to trade on different exchanges using a single interface. The efficiency of this process is unmatched. Moreover, LCX works under standardized and regulated conditions protecting its users from uncertainties that come with cryptocurrencies. For this reason, manipulations are impossible to penetrate the trading platform preventing the exploitation of novice investors.

Author’s Note

Cryptocurrencies are on the rise, and nothing can stop them now. More digital assets keep arising in the crypto world. Trading will also increase as cryptos offer an alternative for traditional forms of investments.

However, this promise for a better financial future is always facing challenges as issues present in the crypto trading are ever on the rise. Unreliable systems, falsified information, and legal implications are a few of the trades’ pain points.

All the same, LCX is on a mission to ensure that the future of cryptos is secure while maintaining harmony with the traditional markets. The platform comes with some unique features that ensure crypto trading is a seamless process for every user. We can only wait to see what else is in store from the network to help curb more of the worries surrounding crypto trading.

Source: Cryptopress

Since its launch, bitcoin and other cryptos have accumulated a 5% user adoption. The same source shows that crypto expects a 20-50% user adoption by 2030. However, this may be far out of reach for the crypto world if the underlying privacy issues will not be fast addressed. Privacy problems have cost the crypto world fortunes, and it will continue to do so until the issues are resolved.

Although the crypto world has for long proven to be the most private of the financial systems, its permanent databases and transparency are a threat to individuals and companies. This has hindered the adoption increase of crypto since companies and individuals want the privacy of their data and payment information. So, what role does privacy play in crypto adoption? Keep reading to find out more.

Problems Facing Crypto Privacy Today

Bitcoin transactions are recorded on a public ledger. They can, therefore, be linked to show the transaction information. Users on the blockchain risk their anonymity whenever they complete transactions. This risk grows when they use bitcoin addresses multiple times. Most bitcoin addresses are easy to hack into, even when they follow all security protocols. Cybercriminals have, by far, proven that crypto systems are an easy way of frauding transactions.

Another issue that affects crypto anonymity is the ability of blockchains to store long-term data. Blockchains keep permanent records of all the data permanently and can thus, be viewed in the future. Although blockchains enhance openness, they interfere with individual privacy. Maintaining all the details of individuals transactions means that at one point, the details can be used.

Even unconfirmed transactions receive a valid notification. The confirmation is irreversible and takes between a few seconds to 90 minutes, depending on the processing pay.

The main agenda of using crypto is financial freedom from regulators like banks and others. Since blockchains are like public cashbooks, you still don’t remain entirely free since your assets can be monitored by other forces even though not directly.

Why Is Privacy Important To The Future Of Crypto Adoption?

Since the inception of blockchain technology, privacy has been a significant issue for many users. If blockchain transparency and permanence are not solved, then crypto’s adoption will only be a dream. The inculcation of systems that can record but keep personal or company private payment information out of public reach is vital for crypto adoption. For crypto to be adopted in the future, customers should have the guarantee that their financial records will remain private.

So, how will privacy in blockchains foster faster crypto adoption?

Protection From Criminals

Increasing privacy in blockchains will help assure users of their safety from criminals. Individuals and companies will get the confidence to conduct their payments. Individuals who will be much impressed with the crypto privacy upgrades will vouch for crypto to new users. Big organizations with large customer bases will also adopt cryptocurrencies and add them to their payment modes. Many of their customers will also want to know more about crypto, thus increasing its adoption.

Use in Business Exchanges

Currently, the use of crypto in business exchanges is disappointing. When using blockchains for business exchanges, sellers already know the buyer’s financial position and can take advantage of it. As such, not many business owners can trust the system for their exchanges. If privacy is upgraded, several companies will take advantage of confidentiality and use blockchain for their businesses. Mass adoption of cryptos, therefore, will be easier to achieve.

Untraceability

Increasing privacy in cryptocurrencies and blockchain will help get rid of transaction tracking. Many companies and individuals shun away from crypto transactions because they are traceable. A new privacy upgrade will ensure that blockchain transactions are untraceable. More people will be interested in completing blockchain transactions by getting rid of traceability, leading to mass adoption.

Crypto privacy is not only essential for business persons but also for individuals. If bitcoins and other cryptocurrencies don’t solve their privacy issues, it will be hard for global users to adopt crypto use. The future of crypto adoption largely depends on their future privacy upgrades.

Protect Your Transaction Privacy With BItcoin Mixer

Since not all cryptos are fully anonymous now, crypto traders will get comfort in knowing that their transactions can be anonymous. But how can they ensure their anonymity? One of the best ways of achieving privacy is by using a bitcoin tumbler.

Bitcoinmix.org is a crypto mixer site that provides the safety and security of its clients.

The tumbler has a large pool of coins. Therefore, bitcoinmix.org mixes all the coins from the operations to ensure that you don’t leave any trace when conducting any transactions. As a result, the transactions you make cannot be traced back to you.

Since they have a large pool of cryptos, they have anonymization advantages. Their services are well organized and fast. Bitcoinmix.org also helps in protection against phishing. If you want to make sure you are secure in your crypto transaction privacy, visit their website.

Cryptocurrencies With Privacy Features

A few coins have included privacy features that can help assure the security of market players. One such coin is Monero.

Monero has stealth addresses that make it super hard to trace a transaction to any particular individual. Its use of ring signatures makes it hard to identify a specific individual carrying out a transaction. It also uses a public view key system that allows not anyone but only the authorized personnel to access account data.

ZCash uses Zn SNARKS, a system meant to give zero knowledge of transactions but just evidence of transaction existence. Verge uses TOR to hide IP addresses of individuals conducting transactions entirely.

Author’s Note

For many years, the absence of privacy on blockchains has been a significant hindrance to the mass adoption of cryptocurrency use. Although cryptocurrencies present several advantages, the issue of confidentiality shuns away most people from adopting digital currencies for everyday use.

Blockchain technology is ever-evolving, and developers are now looking to solve the privacy issue. Once crypto users are assured of their anonymity when completing the blockchain transactions, they will be willing to adopt cryptocurrency use. Therefore, privacy is a vital factor in the mass adoption of cryptocurrencies.

MyCointainer is set to list TerraCredit’s native token, CREDIT, right before the swap to CREDIT 2.0 is completed.

Bitforex and Catex are the latest to list CREDIT with the pair available for trading as CREDIT/USDT. At the time of writing, CREDIT has a trading volume of $40,970 and a market cap of $325,225 with a maximum supply of over 70 billion coins.

TerraCredit has its main target on helping the world’s unbanked population by providing a payment solution besides cash. Currently, its wallet facilitates exchange with BTC, ETH, USDT, and USDT: ERC20, to mention but a few.

Focusing on Global Mass Adoption of CREDIT

TerraCredit realizes the efficiency of mobile usage with a higher percentage of device users worldwide, depending on smartphone communications. It came up with Terrabit, a mobile application to enable staking and exchange wherever you go.

To achieve their long-term goals of adoption, TerraCredit focuses on specific sectors of CREDIT usage. First,

CREDIT as a payment alternative for the world’s unbanked: According to their research, nearly 50% of the population in developing countries lack bank accounts. However, with phones, CREDIT brings an alternative for payment to these people.

CREDIT as a cryptocurrency: CREDIT meets all the requirements to be a legitimate cryptocurrency. However, it contains improvements as a Proof of Stake coin with no demand for hash power. It also provides nearly free transactions at faster transaction rates. The open-source code allows users to utilize it on other platforms besides Terra.

CREDIT as a Cash Alternative: Terrabit wallet facilitates immediate digital payments globally. Online payment solutions to incorporate include Point of Sale, tap and pay, and QR scanning. Terra keeps in mind the need for security and value during the buying of goods and services – CREDIT offers that.

CREDIT as a Driver for Long-term Investments: CREDIT aims to provide users with a viable investment on an online wallet. By holding coins on the network, the system automatically stakes them for you while you earn rewards in turn. Airdrops are other aspects of the system that provide an alternative form of earning. It further holds simplicity as a trait to handle the needs of every kind of stakeholder.

CREDIT as a Reward for Block Producers: Proof of Stake algorithms rewards block producers without expensive equipment or high computational power. Supporting the blockchain pushes decentralization, further ensuring everyone benefits while using the system.

A listing on MyCointainer would get it a step closer to worldwide popularity as users will get a chance to interact with over 65 Proof of Stake coins on the network. Besides the Terra community, users would further be able to interact with a highly rewarding community on MyCointainer, favoring them for their contributions. Overall, a maximization of earnings is inevitable.

About TerraCredit

It is a project launched by the South African Terra Foundation. Since 2018, the decentralized and open-source Proof of Stake system has been on a mission to inject cryptocurrency use into everyone’s lives, hence extensive adoption. CREDIT coin is usable both digitally and physically for payments across the globe. The significant use of TerraCredit is in South Africa, Kenya, Nigeria, Ghana, and Colombia.

Lack of masternodes in the system prevents susceptibility by the use of the architecture. Additionally, TerraCredit can handle thousands to millions of transactions per minute, making it a reliable form of prompt payments.

About MyCointainer

MyCointainer is one of the best Staking as a Service platforms, embracing both novice and professional traders. Its objectives are to eliminate shortcomings that come with PoS algorithms, provide an easy to use, secure, and an exchange network for fiat and crypto users. Furthermore, it is an excellent tracking option for the crypto portfolio and offers over 65 coins to stake on. Overall, the network is supported by PoS protocols and masternodes.

Source: Crypto Adventure

It’s without a doubt that blockchain technology has brought an enormous change in the finance industry. The distributed ledger technology (DLT) has dramatically transformed well-established financial institutions by improving transparency, lowering transaction costs, allowing faster transaction execution, and creating audibility of operations. For instance, in the banking industry, blockchain technology has enhanced digital payments, introduced smart contracts, and integrates cryptography in a shared database to enhance transparency.

But while blockchain technology has enormously transformed the finance sector, mainstream adoption is quite slow. This is largely attributed to interoperability and scalability, the major hindrances in realizing the full potential of blockchain technology in the finance sector.

However, FUSION is a workable solution for the usability and scalability challenges witnessed in the various blockchain ecosystems within the finance sector. Project FUSION is an all-inclusive crypto finance platform that solves the bottlenecks of interoperability and scalability to offer an extensive range of financial leveraging blockchain technology. Here is a comprehensive review of this exciting platform.

FUSION Project Overview

Established in 2017, FUSION offers a comprehensive solution for interoperability challenges experienced across multiple blockchain ecosystems. The platform solves interoperability by linking cross-chain platforms (Bitcoin, Ethereum, Litecoin, etc.), cross-organizations (banks, insurance, exchange), and cross-data sources (index, stock prices, etc.) to create an all-in-one crypto finance platform. The platform also links centralized and decentralized organizations and also integrates both on-chain and off-chain data.

FUSION links different types of blockchains by employing distributed network nodes to control various types of tokens’ private keys and consequently create a control and management unit. The project is open-source and rewards community members who contribute to the project to make it better.

Its inherent coin-Fusion coin powers the FUSION project. The coin employs a hybrid consensus model, i.e., PoS/PoA. In the hybrid consensus, the PoS consensus is used to select a winning node, which then validates the transaction and adds it to the block. The platform’s PoS, also referred to as TPOS consensus is quite unique – it uses Time Value for staking.

Dejun (DJ) Qian is FUSION’s founder and CEO. DJ is also the founder of BitSE- a company that deals in a wide range of blockchain developments and infrastructure such as Qtum and VeChain. Since its launch, FUSION has struck several partnerships via the DCRM alliance, which brings onboard government partners, business institutions, and fintech companies looking for decentralized finance solutions using DCRM.

How Does FUSION Solve Interoperability? – Decentralized Control Rights Management (DCRM)

At the heart of FUSION is the Distributed Control Rights Mechanism (DCRM). DCRM was developed with the help of four leading cryptographers- Pascal Paillier, PH.D., Rosario Gennaro, Steven Goldfeder, PH.D., and Louis Goubin. The technology is designed for adoption enabling distributed systems to integrate into any on-chain or off-chain workflow. In other words, DCRM allows different blockchain networks to integrate into the FUSION network and communicate while still maintaining their different features.

DCRM provides blockchain interoperability by leveraging the LILO (Lock In-Lock Out) function. LILO is basically a portal that allows you to deposit and lock your assets from any blockchain network into the Fusion network. A unique address, i.e., private keys are created for users, enabling them to control their assets from different blockchain networks to withdraw them. Private Keys also offers unparalleled security to users’ assets.

FUSION claims that DCRM completely solves the massive problem of interoperability. It’s more powerful than atomic swaps, more secure than sharded key storage schemes, and much safer and cheaper than multi-signatures schemes.

Features of FUSION’s DCRM

Private Keys Generation – DCRM automatically generated Private Keys for users to protect and control their assets.

Distributed Transaction Signature – DCRM enables the execution of transactions after the nodes reach a consensus.

Cross-Chain and Cross-System – DCRM allows the transfer of assets across heterogenous blockchains via decentralized custodian models that hold the assets.

Liquidity and Security – DCRM offers a great deal of liquidity and security. It’s distributed key management scheme can be used as either a non – custodial solution for DeFi platforms or as a secure hot wallet solution for more centralized platforms such as wallet providers, custodians, and exchanges, etc.

Multiple Signatures – DCRM offers uncompromised asset security by necessitating multiple signatures during a transaction both on on-chain and off-chain workflow.

Settlement Network – DCRM allows users to strengthen the blockchain network by creating a private and robust settlement network. A settlement network enhances the security of the network and also prevents network centralization.

Time-Value Extraction

Another unique feature in the FUSION project is the Time-Lock feature. This function allows users to monetize digital assets’ time-value and seamlessly model time-based transactions on the blockchain. The Time-Lock feature is an excellent innovation in the blockchain space, given the intense volatility of crypto coins. Thanks to the Time-Lock function, smart contracts now include a third factor-time enabling asset holders to monetize their assets’ time-value. On the platform, future and derivatives’ value corresponds with time. Additionally, staking is much more realistic and profitable when the time factor is added.

FUSION Use Cases

FUSION’s financial and blockchain interoperability, as well as the property of expressing asset ownership over time, gives it a couple of use cases.

Rights of ownerships - FUSION allows users to give digital assets, including options, futures, bonds, ownership rights, and the value of time. In turn, digital assets gain more functionality and value.

Develop an Exchange - For blockchain developers, FUSION enables you to create a low-fee transaction platform with an ideal asset. FUSION allows you to create an extensive range of blockchain platforms, including private exchange, centralized exchanges, decentralized platforms, etc.

Issue and Manage Licenses & Royalties – Thanks to the Time-Lock feature, FUSION makes it possible to issue licenses digitally when an expiration date. Similarly, you can collect royalties for your creative content or intellectual property via the platform and eliminate delays and middle-men.

Convert your content to an Asset - Through FUSION, you can digitize your creative content such as a song into an asset. You can then confer the time-lock function to the token and sell it to listeners and digital service providers.

Manage Foreign Exchange Risk – FUSION enables you to manage foreign exchange risk via the Quantum swap time lock feature. This function locks the price to USD Stable Coin and EUR Stable Coin averting price changes.

Manage Property – FUSION enables you to manage your property by digitizing the access keys to the smart locks and dictating the exact period of access using time-locked tokens. When this token expires, your property will not be accessible. This feature is ideal for rented properties to eliminate physical dependencies and enhance operations as well as transparency.

Closing Words

FUSION is a revolutionary project in the crypto space looking to power the next wave of financial innovation on the blockchain. The platform solves the massive problem of interoperability between different blockchain ecosystems, contributing to widespread blockchain adoption. Additionally, the Time-Lock function brings about the aspect of time in digital assets enabling asset holders to easily monetize the time-value of their assets and express asset ownership over time. Going forward, FUSION will transform the crypto finance space by providing an optimal technical environment for financial innovation involving blockchain technology.

Fluctuations, pumps & dumps, market shifts! Welcome to cryptocurrency trading. Unlike traditional stock platforms that have fixed operating hours, the cryptocurrencies market runs 24/7. This makes it impossible for traders to monitor their markets. It is a headache when you own several trading accounts with different exchanges.

The good news is that now you don’t need to be glued to your computer screen all day long, monitoring your trades. There is an easy way. This article is for you if you are either a developer getting started with crypto trading, or an investor interested in boosting your profit with powerful python bots. But first things first.

Crypto Trading Bot

A crypto trading bot is an automated computer program that buys and sells cryptocurrencies on your behalf. A bot will place an order for you when you’re sleeping, on holiday with your family, or doing other duties. Bots are faster and execute strategies systematically.

Why Python? You may ask.

There are many programming languages for building a bot, including Python, Javascript, C, and Perl. Python, however, stands out in this case for various reasons.

The language focuses on code readability making the program neat and well structured, hence fast development.

Python is free and easy to download. The language is backed by a vibrant community comprising the best minds in IT who contribute to developing the language and support forums.

Python contains libraries for almost anything you can imagine from web development, through machine learning, to game development.

You can either use open source bots or make one from scratch.

Using an open-source bot is easiest and cheaper. You just need to download the code and integrate it with your exchange. The main drawback is that it’s almost impossible to customize open-source programs with your unique features, continue its development, and fix bugs.

Developing a Crypto Trading Bot from Scratch

An own-built crypto trading bot gives you control over your private keys. You can also add whatever functionality you desire into the bot.

Key Steps to Build a Crypto Trading Bot from Scratch

1. Set up Development Environment

Setting up the environment involves getting hold of Exchange’s APIs. The APIs give the bot access to your exchange(s). There are different ways to get this API, depending on your exchange. Shrimpy offers one of the easiest ways to generate APIs.

2. Set Up Python Environment

You need to install all libraries and dependencies before starting coding with Python. Libraries are collections of functions and methods that simplify your work by performing many actions without manually writing code. For example, Shrimpy-Python library can be installed using this command: pip install shrimpy-python

3. Create accounts with the exchanges

This step is vital to help you get the API Keys of the exchanges you want to use. Different exchanges have different sign-up procedures. This can be time-consuming, especially if you plan to use multiple exchanges. However, a better way to do this.

Shrimpy offers a way to connect up to 20 exchanges at one time. The platform also provides a way to access all your exchanges’ API keys in one place. For these and many more details, see a collective guide on linking your exchange account to Shrimpy and making your first trades.

4. Architecture

The architecture must clearly define the data to be interpreted by the system. It should align with the three main crypto trading strategies — trade following, arbitrage, and Market making.

5. Actual coding

This is where you put all the parts of the architecture into executable code. Implementation is naturally the most critical and time-consuming step in building a crypto trading bot. Coding, as well as project management skills, are vital in this stage.

With shrimpy, you can include several functionalities within your code: Simple and WebSocket price tickets; Simple and WebSocket Live Order Book; Linking exchange accounts; retrieving exchange accounts balances.

An Easier Way: Shrimpy Crypto Trading Bot Services

The above process may appear complicated and almost impossible, especially for beginners. Are you a person who gets goosebumps at the mention of coding? There is a better way for you. Many commercial bots exist today in the market to tap and enjoy the benefits of automated trading.

Shrimpy Developer APIs incorporate the best features to bring you an easier and profitable way of trading cryptocurrency. It provides a one-stop place where you can manage all your portfolios. The system also offers unique features such as rebalancing and retesting, making it ideal for beginners and seasoned traders.

Final Take

The volatile nature of cryptocurrencies makes crypto trading a risky venture. A lot of monitoring is needed when trading cryptos, making it one of the most time-consuming investments. It becomes harder with the round the clock market, making it impossible for any human to keep up with the market trends and trades.

Thanks to advancements in technology, the whole trading process can now be automated. A crypto trading bot manages your portfolio and automatically executes trades on your behalf. If well implemented, the above steps will help you build a private crypto trading bot that you have control over and increase your profit margin.

Originally published at https://cryptopress.news on July 20, 2020.