Bittrex Global has taken the initiative to further push ECOchain with the current listing on its exchange platform. As of July 17th, ECOC coin traders have the courtesy of trading with two pairs – ECOC/BTC and ECOC/USDT.

ECOchain frames itself as a full permissionless, decentralized, environment-friendly, and as a secure public chain handling fast transactions at cheaper costs. The platform believes that it is crucial to achieving true decentralization to build trust between itself and concurrent customers.

After ten months of it being online, ECOchain is now proud to have the third listing since its creation. MXC and Boboo are the other exchanges that have taken ECOchain to a new market audience.

Bittrex Listing To Push ECOC A Step Closer to Achieving Long-term Goals

A recent statement by an ECOchain representative stated, “In future economic market system development, ECOC aimed to fully explore the advantages of the blockchain and reconstitute the economic ecosystem by utilizing traditional economic market systems. ECOC’s price stabilization can achieve decentralized ecosystems that are efficient, fast, economical, and friendly, and at the same time, more people can realize healthy and reliable market development and incentives.”

To achieve this, ECOchain is focusing on three sections, including checking monetary policy response time, ECOC coin movement by users within markets, and finally, overall response to the factors.

The endgame is focusing on stability in the coin market prices while ensuring the eradication of price stagnations. In the early stages of a coin’s introduction to the market, the team has put to mind that price stability is hard to reach. However, through three regulation measures, their objectives are not far in sight. These include:

1. Utilizing Proof of Stake algorithms in rewarding users on the official platform which is a long term approach on the final coin flow

2. The medium quantity approach, which involves arbitration of money circulations inducing hope simultaneously with volume changes

3. Lastly, a prompt plan by selling and buying directly from the exchange to achieve a stable standing

About ECOChain

ECOchain has achieved high speeds of 560 transactions per second with a block production at 32 seconds. It further runs under Ethereum Virtual Machines (EVM) built to handle smart contracts. This element goes on to provide a knowledge hub for all users.

Bitcoin’s algorithms help the system achieve an easy to use interface for developers and businesses. A genuinely decentralized chain enables possibilities in building dApps, hence, off-chain transactions in the end. Blackcoin instills Proof of Stake capabilities in the platform. The Account Abstract Layer allows EVM and Bitcoin blockchains to work hand in hand.

ECOchain seeks to accomplish a steady and friendly ecosystem, monitoring the possibilities of working under blockchain technology. It aims to handle the increasing number of people getting into digital assets ownership, hence a growing market potential. Embracing a new market model while ensuring the manipulation of traditional market structures is all part of the plan.

Source: Crypto Adventure

Cryptocurrency wallets are especially useful tools that always allow crypto enthusiasts to have quick access to their crypto assets. It’s worth mentioning that this is one of the ways global use of cryptocurrencies in our daily lives can become a reality. However, some multicurrency wallets have moved a step further, not only as a payment tool, but in addition serving other unique functions in the digital financial world.

Blockchain solutions have made it possible for crypto enthusiasts to use their cryptocurrency wallets as a haven to grow their assets, as well as use them as a payment tool. Talk about such wallets and the renowned ones in this industry are Flits app, Cobo wallet, Trust Wallet, Huobi Wallet etc. There are equally good options out there, but this review will focus mainly on the wallets named above. The reasons are based on the security of funds and good user interface, which makes most investors in this industry prefer using them.

FlitsApp

It is a decentralized multicurrency wallet that comes with decentralized cold staking feature, as well as decentralized hosting masternodes. This is one thing that makes Flits wallet very unique among other passive income earning cryptocurrency wallets. While you entrust the security of your funds onto various platforms on which you stake, with respect to other wallets, Flits app with its cold staking feature puts users in full control of their funds while earning passively. Both staking and running masternodes are available in one-click solutions.

You don’t need any in-depth technical knowledge to setup a staking wallet or masternode. Currently, Flitsapp supports Bitcoin, Ethereum, Zcoin, PIVX, DIVI, and more than 60 masternodes and Proof-of-stake assets at a very affordable price for masternode owners. However, users running masternodes or staking can disable the features at any point in time and have access to their funds that very minute. In addition, swap technology has also been embedded into the wallet to allow users to sell their rewards for Bitcoin while other major coins will be supported in the nearest future. On the other hand, users can equally sell their rewards and purchase gift cards and use them in over 50 online stores.

Cobo Wallet

An all-in-one wallet platform that allows users to interact with their funds, stored on hot wallet and cold wallet. This is a unique feature that Cobo has brought into this industry together with other products that it also has. Cobo Vault comes with air-gapped hardware wallets, that provides maximum security from any attempts of security breach, as these hardware devices do not need any form of connection (Wifi, Bluetooth, USB connection) in order to execute a transaction.

Not only individual users, but Cobo Custody has been designed specifically for institutions who might want to keep funds safe for a common purpose. Multiple signatures, 2-FA authentication are enabled on all these wallets, to ensure absolute protection against the funds of its users.

Having a unique and simple graphic user interface makes using cryptocurrency wallets come with ease, and that’s exactly what Cobo wallet provides. Earning passively through Cobo wallet is enabled for most of its crypto coins and over 700 tokens that allow staking on its network. Users can do this through their Cobo Cloud wallet, which can be accessed easily through the mobile wallet. All that needs to be done is to deposit the funds in there and enable the staking feature to start earning. Remember, it’s a cloud wallet and you are not in full control of your funds. However, Cobo is one of the cryptocurrency wallets developing companies that are well-known for their secured systems.

Trust Wallet

Known by its reputation as being owned by managers of Binance, Trust wallet is a multicurrency wallet that supports over 45 blockchains and almost any ERC-20 token deployed in the crypto industry. It is really known for its simplicity of use, as a result of a simple basic user interface. The wallet is very secured and has made it one of the most popular mobile cryptocurrency wallets being used now. It also comes with an integrated swap technology that allows users to trade their cryptocurrencies with ease.

Bridging the gap of traditional payment system and digital payment system, users of Trust wallet can also purchase cryptocurrencies with Visa and Mastercard. Staking is also enabled on this wallet for holders of TRON, KAVA, VET, TOMO, COSMOS, ALGO etc. Staking can easily be done by depositing the respective asset and navigating through the app to get it up and running. However, users should note that, some wallets require lock up days and disabling staking might not release your rewards immediately.

Huobi Wallet

Is a multicurrency digital wallet that is developed by the Huobi group and supports over 1000 cryptocurrencies, including major coins including ERC-20 Tokens. Huobi group, known for its secured exchange platform, have developed this wallet with a robust design keeping the funds of users secured beyond any form of breach.

Huobi wallet comes with a simple and attractive graphic user interface, which makes it simple for even average Joes to navigate through without any glitch. Huobi has established partnership with Changelly, making it possible for users to trade their cryptocurrencies for others through the wallet with ease. Furthermore, they provide staking services for major altcoins such as ATOM, IOST, ONT, LOOM etc. at no fee. Like Flitsapp, staking is on-chain, hence users need not to deposit their coins onto a staking wallet and they can withdraw at any point in time.

Conclusion

Proof of Stake as a consensus protocol came along with earning passively, which is the trend with most upcoming blockchain startups. Having a multi-currency wallet that supports staking features, swap technology puts you on the go with your digital assets. Whilst many wallets might have control of your funds while staking, Flitsapp is the only decentralized cold staking wallet that puts users in full control of their funds when staking or hosting masternodes. In addition, users can disable and withdraw their funds at any point in time, without any form of lockup periods.

Source: Crypto Adventure.

Cryptocurrency mining is a rapidly growing avenue for creating an online income. It involves validating and verifying a transaction before adding it to the blockchain public ledger. Miners receive rewards in terms of coins for their mining effort. The mining process requires high investment in both time and resources.

However, given the improvement in mining mechanisms, many people are finding it more viable and more straightforward. It’s not surprising that cryptocurrencies that allow mining are the most popular. Many platforms are now adding mining functionalities to their system to accommodate the trend. Notable among them is the world’s leading crypto exchange – Bithumb Global.

About Bithumb Global

Bithumb Global has grown exponentially within its first year of operation to hit high trading volumes. The exchange is currently boasting over $64,144,000 in daily Trading Volume.

To further accelerate the exchange’s growth and that of the entire crypto industry, Bithumb global embarks on a crucial mission: Mining Coin Optimization. The plan seeks to minimize current challenges that face Cryptocurrency mining while increasing mining profitability.

Crypto Mining Challenges

Crypto mining has a unique set of challenges that are halting the growth of the industry. Some of these challenges include:

Centralization – Proof of Work is a mostly used mechanism for crypto mining and involves solving complex mathematical functions. PoW has ignited several debates with Bitcoin enthusiasts claiming that it creates room for centralization. In an open letter to the Bitcoin community, Cobra, a famous bitcoin contributor, suggested changing Bitcoin’s PoW algorithm. According to Cobra, “In a decentralized system, we shouldn’t be put into a position where we rely on a centralized point of failure to behave themselves.”

Cost – The bitcoin mining process requires enormous electricity power. It’s estimated that Bitcoin uses approximately 61.76 TWh of electricity per year. This is more than many countries and about 0.29% of total global electricity consumption. Mining also requires frequent replacement of expensive computers and installation of a cooling system.

Security Flaws – There have been concerns about the production and design of ASCI chips used as coin functions. Many questioned the genuineness of ASCI producer Bitmain. An earlier report indicated that “Bitmain’s Mining Pools Controls Nearly 51 Percent of the Bitcoin Hashrate.” This could pose a significant threat to the security of the network.

Solution

Bithumb Global Mining Coin Optimization plan aims to minimize crypto mining challenges while increasing the potential profits. Several measures and requirements have been laid down to see the actualization of the Project.

Measures

The following measures will be taken concerning Mining Coin Optimization.

1) Opening a Mining Coin section – Bithumb Global will open a section on the platform that will create a unique function for the Coin Mining project.

2) Opening a Mining Coin Channel – the channel will facilitate crypto miners, BG communities, and developers to submit applications for coins.

3) To foster high-quality mining coins, Bithumb Global will give media and promotion resources.

4) The mining coins community will also benefit from being connected to top mining pool resources.

5) As a global exchange, Bithumb Global holds people of different backgrounds and languages. To cover all users, the platform will provide multi-language community support for high-quality mining coin projects.

Requirements

As a way to ensure a smooth mining process and keeping in line with the interests of the Bithumb global community, only selected projects will participate in BG’s mining coin optimization plan. The following are requirements to be part of the optimization plan:

1) Project’s audit documents – Ensure your Project has been subjected to a thorough security audit.

2) Approved by a Third Party – Your Project’s code and algorithms must be approved by a known auditing organization, e.g., MIT License.

3) The Project has no pre-excavation. The Project’s code must be open-source. This is to ensure a fair environment for all miners.

4) The Project should include some physical equipment in the mining process. New consensus mechanism supporting Proof-of-Work (PoW), Proof-of-Concept (POC), and others to participate in the mining process.

5) Concerning wallet stability, priority should be given to support new encryption algorithms while encouraging innovative mining coins.

Bottomline

The consensus is one of the significant cryptocurrency pillars technology that provides solid use cases with the potential to transform every sector of life. Cryptomining is part of the consensus and a substantial source of attraction of people to the industry. However, there are several challenges with crypto mining that need to be addressed.

Within several months of existence, Bithumb Global has given solutions to many problems facing the crypto industry. As a leading international crypto exchange, Bithumb Global is overseeing multiple projects to improve digital assets and traders’ experience. Now, the much-anticipated solution to crypto mining woes is finally at hand thanks to BG’s “Mining Coin Optimization plan.”

The blockchain technology sprout forth with bitcoin and other major coins, but along the line the vision of mass adoption of cryptocurrencies seems impossible with the blockchain structure and consensus protocol upon which these networks were built on. Common setbacks among these major networks are low transaction throughput, high resources required to maintain the performance of their blockchain networks and last but not least, low scalability further hindering the vision of Satoshi Nakamoto in creating a peer-to-peer digital currency that could be used globally.

Many solutions have been proposed by other blockchain networks, but I think TerraCredit is one of the solutions that really stands out, considering the enthusiasm of the team towards this project as well as the efforts put in motion towards the realization of their goals.

What is TerraCredit?

Terracredit is a decentralized blockchain network that has stood the test of time against any 51% attack, ever since it was launched into this space, over a year ago. It’s consensus protocol and design grant its users an extremely fast network when executing transactions at a very low cost. The global adoption and use of cryptocurrencies can really come into play if blockchain enthusiasts are creating payment system similar to already existing fiat solutions, yet highly optimized ones for sure.

Terracredit has made it possible for users to have access to their funds on all smart devices and operating systems through the cryptocurrency wallets. Both desktop and mobile wallets come with a simple yet attractive user interface to enhance user experience as people interact with it. With no prefunding of any form being it ICO/IEO, the team has developed several MVPs which are working smoothly and this is very uncommon in this industry, where some team members raise huge amounts of money, yet are not able to even fulfill just an atom of their whitepaper. This team has developed products like Terrabit, Terra-mart, Terra-hub and fully operational credit card payment for Nigeria, Paystack which executes transactions automatically without any influence from third party systems.

Credit 2.0 – The Incoming Credit Swap and its Benefits

Focusing on further developments and increasing the robust network, yet flexible solutions of the Terra Ecosystem, there is going to be a coin swap within the period of August 01 of this year. To make things simple and easy for the Terra Community, this swap is going to be automatic and users would not need to be worried about any technicalities when it comes to coin swap.

All you have to do is simply send Credit coins to Terra-bit.io and they will be automatically exchanged for you to the new coin. This will be the sole medium of exchange for this swap; hence community members are to adhere strictly to this guideline and make sure they move their coins within the period stated above.

The ratio of the swap is 1000:1 in favor of the new coin. This simply means for every 1000 coins of the old coin; you will get 1 of the newly minted coin. Anyone who does not get captured within this swap period would lose his/her funds, as it will get stuck on the old blockchain.

How does this swap benefit Credit Coin Holders?

This swap is going to cut the total supply of Credit coin from 70 billion to 70 million, hence increasing the demand and scarcity of the coin. Put together all the use cases such as Terra-mart, Terrabit, Terra-hub etc. making use of the coin on its various platforms and you can guarantee how liquid this coin will be. The better part of this comes to play as the new blockchain network has a proof-of-stake as its consensus mechanism, hence the launch of masternodes.

Let’s do some math to better inform existing holders and new investors what a good opportunity it would be to hold their credit coins or purchase credit at this stage respectively. Approximating circulating supply to 35million on the day of swap and with masternode collateral pegged at 50K coins, this makes it possible for at least 700 masternodes to be deployed. This will be in the case if all these users have this required collateral, but that’s not the case, as most users probably have less than 30K. This makes the number of masternodes eligible to be launched at genesis less than 500 nodes. This will be highly rewarding as this few pool of nodes will generate enormous passive income from block rewards.

The launch of masternodes will bring to life a decentralized autonomous network, as these masternodes will now serve to govern the network in a decentralized manner.

Putting all these statistics together, as well as the use cases that have already been developed to bring in liquidity towards the coin, you can rest assured as an investor because of the strong hedge that has been put up to support your funds. Whilst other projects are struggling to come up with use cases to increase the liquidity of their coin, Terracredit already has them in diverse forms. The token economics combined with the launch of masternodes are two strong hedges which can provide strong support, in case of any extreme volatility in the crypto industry.

MyContainer offers staking and masternode solution to Credit holders

Running masternodes and staking involves some technicalities especially with the former, while that of the latter will require one to keep his/her computer on all the time. MyContainer, which is one of the renowned and fully licensed assets holding platforms out there, will offer users the opportunity to either stake or run their Credit masternode on its platform at a very affordable fee. Developed on one-click solutions, users can start their masternodes with a few clicks once they deposit their funds into their respective wallets. This asset containing platform is secured and provides a 24/7 customer support, should any of their client need any form of assistance.

Conclusion

Credit is a complete financial solution that has emerged in this industry, considering the decentralized real time payment system that it offers as well as its masternode system, which also makes it an asset to invest in for the long run. Compared to other payment solutions that have been deployed in Africa, Terracredit has created automated fiat/crypto credit card payments, which also allows automatic bank withdrawals, making it the leading blockchain payment solution in Africa.

The TerraCredit team proposal of making the Credit App based wallet a viable replacement for centralized mobile money and cash at the same time is clearly a bold statement. However, when analyzing in depth, one actually realizes that Credit already offers virtually free and instant payments, which can be sent anywhere in the world, as well as a wallet which passively earns its owners more coins. It’s clear that the team’s objective of making Credit user-friendly and rewarding has already successfully been achieved.

Backed by an innovative and hardworking group of professional team members, this project is geared to establish trends in the nearest future. It will undoubtably be great and rewarding to be part of the early adopters.

Source: Crypto Press

The United Allied States is a sovereign and independent state that will operate entirely on blockchain technology. Although the exact location of the new nation is not known, there are speculations that it will include several African countries, as well as others across the globe.

UAS will be governed by principles to facilitate economic growth and wealth creation. As the freest place on earth, some of the essential principles are individual freedom, respect for human life, and free enterprise. According to a congressman of the UAS, the government will use history’s decision to develop a unique opportunity for a united and prosperous nation.

The state will have a president who will enforce federal law, sign foreign treaties, and direct both foreign and domestic policies.

Expansion Through Mutually Beneficial Collaboration

UAS’ vision is to establish a worldwide sovereign nation of states, each offering unparalleled freedom, and prosperity for its residents. The UAS aims to impact the lives of its citizens, allies, partners, and the entire African Continent by building the American dream in Africa and the whole world.

To achieve this vision, UAS will establish special sovereign economic zones across the globe. These zones will provide critical resources to their partner nations and will act as permanent states. UAS and its allies will sign a treaty that will allow the state to offer foreign companies. Investors, and its citizens a territory to develop costly infrastructure that would otherwise be high risk.

Through the collaboration, states that are in economic hardship and political instability will benefit from well-paying jobs, resources, and infrastructure that would otherwise be impossible to achieve. Thus, UAS will better the lives of its citizens, as well as those of its allies’ citizens.

World's Most Efficient Government

UAS will be the first sovereign state to have all its systems running on a blockchain. Earlier this month, UAS announced that Apollo Fintech would be its official technology partner. As the official IT partner, Apollo is tasked with the responsibility of designing and maintaining all the government systems.

Apollo is a leading developer of government utility solutions, and all the UAS government departments will be interconnected through the blockchain. UAS will utilize all of the other Apollo Fintech products, including the government bank platform, tax system, and commodity exchange. Additionally, UAS citizens will be able to use APL currency, Apollo's token, in their daily life.

The National Currency Platform will serve as the base for all the other products. The Tax System, on the other hand, will be the central system connecting nearly all the other government departments.

UAS will be a pro-business jurisdiction. Therefore, citizens will enjoy a 0% personal income tax, while companies will get a 0% corporate income tax. Thus, the minimal regulations in place will ensure a free-market economy exists in the state.

Thanks to the use of an unhackable and immutable ledger on Apollo's blockchain, citizens will be able to access all their documents in one place.

The UAS use case is the first of its kind, and Apollo will be the first to build software to support a government's entirety. There's no doubt that this is an ambitious project, and its success will lift Apollo's value to great heights.

Ever since the inception of blockchain technology, one of its most lucrative features has been security and anonymity. However, over the last few years, security on blockchains has been an issue of concern, thanks to various criminal activities linked to blockchain technology, including phishing attacks.

The menace of phishing in the crypto world is growing each day. In the first two months only of 2018, more than $1.6 billion worth of cryptocurrencies were stolen in various crypto scams. 13% of the amount was stolen through phishing attacks. The statistics show how important it is for bitcoin users to beware of the menace. In this write-up, we are going to discuss the types of phishing attacks against bitcoin users.

Smishing

They are also known as SMS phishing, where an attacker sends malicious SMS to the target device. The SMS contains a link that directs the user to a malware inflicted webpage. Once on the page, the phone owners lose control of their phones.

The attackers remotely steal all relevant information and can even remotely start activating various apps in the device. Here are four different types of phishing SMSs:

Lottery Winning SMS- The SMS informs the user of a lottery winning or any other kind of winning and leaves a link for the user to follow.

Bank Account Alerts SMS- The SMS informs the user that his bank account has some problem. Users click on a given link and provide their information, including details of other existing accounts like bitcoin wallets and email addresses.

Credit Card Alert SMS- They inform the user that their credit card has seen some malicious activity, and you follow their link for assistance.

Unusual Account Activity Alert- Informs the user of strange activities in his phone line or other accounts, including email.

Note that all of the SMSs carry a link in it. When the user clicks on the link, cyber attackers hack into their phones and take crucial information, including bitcoin wallet passwords, usernames, and email.

Email Phishing

Almost as soon as email became commonly used, criminals started using it to defraud unsuspecting persons. Between April 2018 and March 2019, UK members of parliament and other parliamentary staff received over 20 million malicious emails, which were phishing attempts.

In these malicious emails, attackers impersonate the bitcoin currency service providers. The emails lure you to changing your passwords by claiming that your password is about to expire and give you a way out. If and when you do that, attackers take over your account.

The best way of staying vigilant for email phishing is to avoid following the links given or even opening any email links from untrustworthy emails.

Fake Websites

In 2017, there were more than 1.7 billion websites. The above makes the identification of malicious websites a big struggle. Website phishing has proven to be one of the most successful ways cyber criminals use to attack and steal data. Just because the site you are using looks legit, don't assume that it is.

Check out for companies' name spelling. Some malicious websites are so similar to big companies' web pages to confuse you. Unwarranted pop-ups may also help you know if you are on the right web page or a phishing website. Websites used to steal bitcoin use Google ads with the word bitcoin or blockchain misspelled cunningly. Whenever you come across these websites, refrain from adding your personal information in them.

Persons using bitcoin wallets directly from the websites need to be very cautious. Checking and rechecking the URL will ensure the security of your bitcoin.

Social Media Based Phishing

The use of social media platforms has dramatically grown over the years, with billions of accounts in place on Instagram, Facebook, and Twitter. Social media has, therefore, proven to be the best space for hunting unsuspecting individuals.

On Facebook, for example, an attacker may create a Facebook business page with the name bitcoin. As people follow, they start sending messages to individuals inbox and luring them into clicking on their link.

Also, using these social media accounts, cybercriminals may pretend to be people of goodwill. They listen to your complaints and are ready to assist you if you follow their link, and when you do that, you open your account to criminals who will take advantage of your ignorance.

Protect Yourself Against Phishing With BitcoinMix

Although phishing in the crypto world has existed for over a decade, many people still don't know how to protect themselves from the dangers. Luckily, there are several ways you can protect yourself from phishing attacks, including using a bitcoin mixer.

BitcoinMix.org is a bitcoin tumbler that aims to make your bitcoin transactions anonymous and not leave any trace. They ask for little information and do not store any logs. The less the information they ask for the more your bitcoin address is protected. It helps to avoid phishing attacks by dissociating your cryptocurrency address with your private data like emails, names, any other credentials.

The website is also helpful in mixing different coins. There is a pool of coins that you can mix your coins with thus hiding the source of your bitcoins from attackers. A visit to the website is the first step towards achieving maximum bitcoin security.

Author’s Note

Ever since internet use became popular across the globe, criminals have been looking for ways to go around the system. Blockchain technology held the promise of security for its users but with phishing attacks creeping into the crypto space, it seems that no one is safe.

Unfortunately, there are several ways through which criminals can phish your hard-earned cryptocurrencies from your accounts. You cannot take a chance, and the best thing to do would be to ensure you are aware of the different methods they would use. You should also take things a step further and have some software in place. Bitcoin mixer is one of the best tools you could use to ensure your cryptos are well-protected from phishing attacks. So, why don’t you go ahead and try their website?

Bitrue exchange’s ‘Power Piggy‘ product enables you to effortlessly stake a wide array of digital assets and earn passive interest rates of up to 13%.

The exchange is keen to supply users with numerous opportunities to control their finances and earn an extra income. The most recent result of that effort is another new digital coin that you can now add to your interest-earning via Power Piggy.

As per an announcement on twitter on April 3rd, 2020, crypto traders can now earn a passive income of 5.3% APR on their BCH coins.

According to Curis Wang, CEO of Bitrue, innovation has always been at the heart of Bitrue exchange, highlighted by the introduction of the Power Piggy product that gives ordinary investors a chance to earn while they sleep.

Why Choose Power Piggy?

Just as in traditional banking, if you have a significant amount of funds, it doesn’t profit you to hold on to it in a current account but rather to lock it up in a fixed account and earn interest on your funds.

Similarly, if you hold crypto assets, you can capitalize on them by locking them in a high-interest account.

Power Piggy enables users to lock digital coins in their account and earn passive interest on a wide array of digital assets.

Rates are adjusted regularly and include 5.3% for BTC, 5.3% for ETH, and 10.3% for USDT, with Bitrue guaranteeing up to $1M in case of any hack on the platform.

If you want to earn substantial interest rates, you could consider purchasing popular coins like BCH or a stable coin like USDT and holding it on Powerpiggy.

According to Bitrue, interest in holdings is paid out daily with no lockups, making the Powerpiggy program a rewarding strategy for crypto lovers wishing to earn passive interest.

Investors can also go with the “fixed-term investment” feature, where their coins are locked up for 30 days in exchange for higher interest rates.

Lock BTR and Enjoy Higher Interest Rates

Bitrue offers lucrative rates for its native token (BRT) via the VIP cap feature. This acts as an incentive for users to stake the token to provide long-term sustainability of the platform.

The VIP cap option’s focal objective is to maintain a healthy ecosystem around Bitrue exchange while offering BTR investors a sure way to maximize their investment earnings.

Source: Crypto Adventure

Cryptocurrency exchanges play a crucial role in the virtual asset world to link investors and traders. There are over 300 cryptocurrency exchanges that support active trading, and each has different features and trading regulations.

Amidst the numerous TRON cryptocurrency exchanges, it’s almost impossible to ignore NoleX. It is a Tron-based cryptocurrency exchange that offers outstanding services to its users with a high view of security and seamless transactions. This review will highlight the different aspects of the NoleX exchange and why it’s the next big thing in the crypto space.

Understanding the NoleX Exchange

NoleX is a crypto trading exchange built on the Tron blockchain. The exchange facilitates the buying and selling of TRON tokens safely and securely. NoleX was established in February 2020 as a brainchild of the NOLE project. Despite being in existence for less than two years, the NOLE project has been able to launch two major blockchain products; NoleX Exchange and NoleLegends gaming DApp all supported by the TRON blockchain.

Project NOLE also has two tokens $NOLE and $AMSK, which drive the NOLE ecosystem. $NOLE coin was listed on Polonidex on 7th June and CoinGecko on 16th June. The token is also available on all TRON exchanges

The NOLE project has over a hundred thousand worldwide community members and has been running philanthropic deeds on the blockchain, having executed eight philanthropy projects using the NOLE ecosystem.

NoleX exchange sets itself apart from other numerous TRON exchanges thanks to its unique features as well as the immense dedication to serve its users. The exchange currently supports all TRON tokens, but it’s working on becoming a multi-chain exchange platform in the future. This means that it will support all cryptocurrencies across the globe, including but not limited to, BTC, ETH, LTC, XRP, etc.

NoleX Exchange Top Features

The best thing about the NoleX exchange is that it’s community-driven and offers a simple, intuitive user experience. The exchange is packed with great features that make trading seamless and secure. Below are the top features in the NoleX exchange.

Reliable and Fast Transactions

NoleX exchanges leverage TRON power to facilitate fast, secure, and reliable transactions. TRON is one of the largest blockchain-based operating systems globally, achieving 2, 000 transactions per second, 24×7. With such speeds, trading on the platform is, without a doubt, fast and reliable.

Secure Transactions

NoleX uses the most advanced technology to offer top-notch security on the platform. Trade without having to worry about the safety of your digital assets.

User Friendly

NoleX features and easy to use interface, making it easier for everyone to trade even beginners. Also, to make it easier for established traders to trade on the platform, NoleX allows wallet imports. You can, therefore, access your portfolio wallet on a different platform from the NoleX exchange interface. To do this, download the Google Chrome Tronlink extension and then download the wallet you’ve been using. Alternatively, Android users can access the NoleX bandwagon using either Math Wallet or Tron wallet.

Staking

NoleX users can hold more than 100 NoleCoin on the exchange and earn AMSK dividends in the form of NoleWater tokens. This token will be used in the upcoming NoleLegends game-the first-ever Gaming Dapp integrated to the NoleX exchange.

Community

Since December 2018, the Nole ecosystem has managed to gather over 10000 community members and 350 investors and projects. The platform currently has 3500 users despite low liquidity accompanied by low trading volume. Nonetheless, with such a large community supporting the ecosystem, you can always be sure you’re trading on a safe and transparent platform.

Faucets

NoleX faucets allow registered users to get tokens for free on an hourly basis. It’s important to note that there are a time interval and payment limits for each available token. Click on “claim” when the button is open, and the token will be credited to your N-wallet. This program comes in handy to reward newly registered users who come and test the platform than highlight its outstanding feature.

VIP Exchange Program

NoleX’s Very Integral Part (VIP) program is a valid signal that the platform is all about the community. This program admits great supporters and believers of the project NOLE to help it grow. Members of the VIP club are charged a onetime lifetime entrance fee of 3000 TRX and assist the project in making crucial decisions.

In turn, they get access to several benefits, including unique personalized VIP pass, earn 1% of the NoleLegends Dapp posterity profits, and be part of an alliance with all Tron projects on the Network. VIP members also get exclusive lifetime eligibility for Nole and TRX airdrops (provision for future partners also included) and earn $NOLE and $AMSK by completing fun tasks.

Trading Fees

You can start trading on the platform once you’ve deposited trading fees. Buyers and sellers on the platform are charged 0.20% basic trading fees. NoleX doesn’t charge any fees to deposit assets on the exchange. Buying NoleLegends game assets via the platform is also free of charge.

NoleX exchange gives its users a lucrative opportunity to save 50% trading fees by paying using $NOLE. Additionally, NoleX reduces your trading fees by 0.10% if you hold $NOLE token in your N-Wallet. This feature is, however, optional and can be turned off/on in the Dashboard.

Referral Program

NoleX exchange members earn commission by inviting friends to trade on the platform. The referral program earns you a 10% commission every time your referrals make a trade. Here is how you can make a referral and earn a commission.

24/7 Customer Support

NoleX exchange offers 24/7 customer support to ensure your trading issues and resolved in time. The platform highly values its customers, thus go at extra lengths to guarantee seamless trading.

How to Trade on NoleX

Trading on NoleX is quite simple and straightforward. Below are some easy steps to follow when trading on the platform

1. Register and Login to your NoleX account

2. On the taskbar, click on Main Exchange

3. Ensure you have the funds you want to trade already in your wallet. Here is how you can withdraw or deposit funds on the exchange.

4. Select the type of trade you want to do (either buying or selling) and then choose a trading pair you want to trade with.

5. For buying, choose your buy order and buy an asset. For selling, pick the sell order plus the amount. The total price will be displayed at the bottom of the screen.

Final Thoughts

NoleX exchange is an outstanding crypto exchange that currently supports all TRON tokens. The major trading pairs include NOLE/TRX, AMSK/TRX, and BTT/TRX. While the exchange doesn’t currently support significant crypto coins such as Bitcoin and Ethereum, it’s looking to become a multi-chain exchange.

NoleX exchange users enjoy plenty of benefits, including low trading fees, a 50% discount on trading fees when paying using $NOLE, safe secure and fast transactions, as well as other benefits such as faucet and referral system. The NoleX exchange aims to create reliability and more trust to become a leading TRON crypto exchange.

A reward system is one of the core parts that makes up a blockchain network. These systems are used to incentivize users to perform certain actions.

The consensus is one of the most popular ways to make money with cryptocurrency through block mining. It is a mechanism used to ensure the integrity policy of blockchain. Proof-of-work (PoW) and Proof-of-stake (PoS) are the two commonly used verification methods.

These two consensus methods have been successfully implemented in the earliest crypto networks, such as Bitcoin and Ethereum. The two methods, however, have some flaws making them subject to improvement.

Flaws of PoW and PoS

First outlined in the 2008 Bitcoin Whitepaper, Proof-of-Work is a mechanism for giving incentives to users who keep the blockchain network safe through their mining activities.

One of the major flaws of PoW is cost. For instance, consider the annual bitcoin mining energy consumption, which surpasses most countries' energy consumption making it one of the most expensive undertakings.

PoW also brings scalability issues within a blockchain. The more the number of users in a blockchain grows, the slower the network becomes due to an increased number of transactions needing PoW.

Proof-of-Stake is another consensus method. However, unlike PoW, which is like a mining competition, PoS block validators are selected through a protocol based on several factors such as their stake.

Just like PoW, PoS is not without flaws. First, it concentrates the incentives on high-stakeholders leading to bias. Also, PoS is hard and expensive to implement and maintain. There's also the issue of Nothing at Stake, among others.

For increased profitability and better experience, the Falcon Project introduces a new user reward approach called Proof-of-Hold (PoH). We dig deeper into this in the paragraphs below.

What Consider the Falcon Project?

Falcon Project is an initiative by a group of blockchain enthusiasts, which is also open to new participants, that aims to provide solutions to challenges facing blockchain from a global perspective. The project that kicked off on February 2, 2020, seeks to, among other things, create a unique user reward system.

Falcon Project Reward System Proof of Hold (PoH)

A reward system is a core undertaking of the Falcon Project. Unlike other networks that use PoW or PoS to reward their users, the Falcon Project reward system is based on a Proof-of-hold (PoH) protocol. PoH allows Falcon Project users to receive dividends for holding vouchers.

PoH introduced another way of making profits in cryptocurrency. In essence, PoH rewards users for storage of vouchers by encouraging them to remove tokens from circulation and create a shortage.

With the Falcon Project, what you need to achieve this is not a powerful computer. What you need is not a high voltage power supply. What you need is not a permanent online account. What you need is just a smartphone.

How it Works

Thanks to their commitment, the Falcon Project team has created two types of token that enable them to achieve PoH: The ERC-20 (FNT) and ERC-1155 (Vouchers) plus an active swap system between them.

The ERC-20 (FNT) token is the main asset of the Falcon Project. FNT is based on the smart contract of the Binance platform token (BNB) reputable for its reliability and top-notch security, among other features.

Falcon Project ERC-1155 are Ethereum-based vouchers implemented with the help of Enjin. The ERC-1155 vouchers allow users to make a profit from holding the voucher. This goes in handy with reducing the number of FNT tokens in circulation through the platform’s exchange system.

With a deposit of at least 1 million FNT tokens, you can exchange your tokens for a voucher equivalent to your chosen amount and receive a profit of 10% quarterly or 40% annually.

To ensure efficiency, the Falcon Project integrates a software that monitors the movement of vouchers. The software has a counter to ensure dividends are paid every 92 or 365 days to your Vouchers ETH address.

Falcon Project limits the number of vouchers to 33% of the initial token issue, i.e., 5,000,000,000 (five billion) tokens. This is also equal to reward funds for voucher holders, which is enough 2.5 years of guaranteed payments if you sell all your vouchers.

Benefits of Proof of Hold

Minimum net issuance – Many coins in circulation mean less value. PoH encourages users to hold vouchers and get rewards. Vouchers are exchanged with FNT tokens hence the more the held vouchers the less the amount of FNT tokens in circulation. Besides, FNT smart contract has functions for freezing and burning tokens to create a shortage and increase value..

Profitability – At 10% every three months and 40% per year interest rate, Falcon Project Vouchers are one of the most profitable ways to make passive income.

Secure transactions – Falcon Project combines two blockchains for effectiveness; ERC-20 FNT, and FNC blockchain that ensures anonymity and privacy while making transactions.

Conclusion

Life has many challenges. The solution to some of these challenges lies in huge inventions, while others take simple twisting of existing technologies. Blockchain is a big innovation that has transformed lives in a big way. It has huge potential that if tapped will change the world for the better.

With a smart twist of how blockchain works, the Falcon Project Proof-of-Hold provides a new way to earn while strengthening the FNT token. PoH gives investors a double chance to win from stored vouchers and from the benefits of a stronger FNT token.

Cryptocurrency and gambling are a match made in heaven. Crypto gambling is gaining traction, and that's all because of the distributed, digital nature of cryptocurrency. The technology is solving the many challenges that have engulfed the gambling industry for many years. 

After prolonged hours of coding, crypto developers have rewarded gamblers with amazing platforms to participate in crypto betting, poker, and online tournaments. 

The following is a list of the best platforms in the crypto gambling industry where you can achieve your gambling goals effortlessly while leveraging the perks of cryptocurrencies. 

Criteria for Effective Crypto Gambling Platforms

When choosing the best crypto-based platform to stake on, consider the following areas;

Fast processing of transactions – Being a decentralized technology, cryptocurrency allows users to directly send their stake from their wallets to their gambling platform in a quicker manner. This is also true for the withdrawal process. Best sites automate these processes for instant transaction processing.

Anonymity – One of the major drivers to the high adoption of crypto gambling is the ability to bet anonymously. The level of anonymity a betting site offers is a must consider when choosing the best platform.

Multiple coins supported – Today, there are more than 5500 cryptocurrencies, according to CoinMarketCap. The more of these coins, a crypto gambling platform supports the more flexibility it offers and the better the experience.

Rewards and Bonuses – Most players gamble to get profits, fun is secondary. A good crypto gambling platform gives rewards and bonuses to its users.

Best Crypto Gambling platforms in 2020

We have so far seen what crypto gambling is and the potential it brings to the industry. Looked at the features that make an effective crypto gambling platform. And now, these are the best crypto gambling platforms in 2020.

1. Altbet.io

Altbet is the first project in the gambling industry to leverage blockchain and cryptocurrency in a mutual betting domain. The platform covers several domains, including gambling, sports betting, market betting, and event betting. 

In addition, Altbet offers a range of Casino games that encompasses Poker Texas Hold’em, Dice, Penalty, CoinFlip, Roulette, Lotto, Slots, and Crash. The platform has its own native coin (ABET), which is used as the site's main asset. 

Pros of Altbet

Faster deposits and withdrawals: Altbets decentralized peer-to-peer protocol enables fast transfer of funds to and from user's wallets.

Fewer details required– Unlike other online gambling platforms, the Altbet registration process is an easy one, which requires less personal details. This plus the fact that there is no central entity involved makes users play under top privacy. 

Security - Altbet platform uses cryptographic algorithms for its games and bets with Provably Fair SHA-256 3 hash mechanism. 

All in one platform – Unlike traditional gambling, Altbet offers games, bets, and other functionalities in one place, which is easily accessible by all users from their devices. 

2. FortuneJack

Launched in 2014, FortuneJack is the first crypto gambling platform by the Nexus Group Enterprises Casinos. 

The platform supports live dealer games, casino games, and sports betting. Besides improved security and great user experience, fortune jack is well known in the crypto gambling scene for its support for multiple cryptocurrencies. 

FortuneJack pros:

Great user support – The 24/7 support makes FortuneJack a preference for many.

Accepts multiple coins – BTC, LTC, BCH, ETH, and others

Fast processing speeds – FortuneJack eliminates intermediaries to make the deposit and withdraw processes fast

Large selection of games – including Dice, Blackjack, Roulette, Poker, Video Slots.

3. Cloudbet

Cloudbet joined the gambling industry in 2015. It allows users to place bets on live sports using cryptocurrencies. Currently, Cloudbet offers betting platforms for Champions League, UFC, NBA, NHL, NFL, and other major tournaments. 

Cloudbet Pros

Exceptional user experience – players have a great experience betting on live sports on Cloudbet using cryptocurrencies 

Support for multiple games – Cloudbet allows bets on all major leagues including champions leagues and NBA

Bonuses – The platform gives many offers to players such as a 100% bonus up to 5 BTC on player's first deposit

Enhanced security – Cloudbet offers secure cloud storage for all crypto deposits and keeps a hot wallet to fasten the processing of withdrawals.

4. BetChain

Betchain has been around the gambling scene since 2013. The platform operates under an AntillePhone N.V. Gaming License and uses modern technology to give users a range of online games to place their stake. Currently, BetChain supports slot games, poker, baccarat, craps, and roulette. Other strong points of BetChain Include: 

Support multiple cryptocurrencies – Among the cryptocurrencies supported by Betchain are stablecoin, Litecoin, Bitcoin and Dogecoin

Fast withdraws – BetChain allows direct user withdrawals to debit and credit cards. The platform supports Mastercard, Qiwi, Visa, and Skrill

Bonuses – The platform provides a 100% welcome bonus up to 1BTC. For fiat deposit, this is 200 EUR

Conclusion

Unlike other millennial industries that have become obsolete with time, the gambling industry seems to be gaining more attention across the world. The growth of the gambling industry can be attributed to the industry's innovators being alert and acting fast to integrate great technologies for improved efficiency.

Integrating cryptocurrency into gambling systems is the latest move by these blockchain enthusiasts, and company owners cannot wait. Today, a lot of crypto-based online gambling sites exist, and choosing the best isn't a simple task like it used to be a few years ago. In the above paragraphs, we have introduced the best crypto-based gambling platforms based on established criteria to help you kickstart your betting career.

Source: Crypto Adventure.