Bitrue​, a leading cryptocurrency exchange with financial services, has continually rolled out features that bring personal investment opportunities to users who hold cryptocurrencies.

And now, hot on the heels of BCH coming to Power Piggy, the investment platform added Litecoin (LTC), one of the top cryptocurrency coins, according to CoinMarketCap.

Using the PowerPiggy program, users can earn passive revenue on their LTC coins at a baseline interest of 7.3% APR.

The Bitrue community has long requested for this coin to be investable, and the exchange finally heeded the call, making the first cap for this coin available on April 16th at 22:00 (UTC+8), and then every 12 hours afterward.

Deposits can be withdrawn at any time, and interest on locked LTC coins is paid out daily, making the investment program a great way for crypto lovers to experiment with non-legacy financial platforms and earn passive income.

How Bitrue’s Lock-up Based Investment Feature Works

Power Piggy offers a unique way to earn interest on a wide array of digital assets, such as widely held coins like XRP and BTC, along with freshly added investable ones such as EOS and LTC.

Rates are adjusted frequently and are currently 6.57% for BTC, 4.38% for ETH, and 12% for USDT, with the exchange promising a guarantee of up to $1M in case of any security breach on the platform.

Bitrue users also have the opportunity to earn up to 10.3% interest on a wide variety of coins, including XRP, ETH, Tether (USDT), and more.

The quantity of coins that can be invested is proportionate to the amount of Bitrue Tokens (BTR) held, creating an extra use case for the platform’s native token.

“Our Power Piggy program, which allows the community to compete for investment opportunities, has been a runaway success and has attracted a lot of attention in the industry,” stated Bitrue CEO Curis Wang.

Bitrue continues to pledge its commitment to the crypto community and is one of the pioneering exchanges to list the XRP as a base currency.

Rewarding Loyal Customers

Furthermore, Wang believes the exchange has a unique opportunity to reward loyal customers who are supporting the startup by holding BTR.

Case in point, Bitrue offers lucrative rates of 15% on various coins for holders who stake the platform’s BRT token via the VIP Cap feature.

Additional features will continue to be developed around BTR, such as discounted rates on Bitrue Loans​ and increased weighting when distributing airdrops.

Source: Crypto Adventure

If you have been in the crypto space for quite a while, you must have heard the ongoing campaign of “Not your keys, not your coins”, which denotes that if you use wallets governed by a third-party custodian, then you really don’t guarantee ownership of your own coins. That’s where the whole notion of decentralized wallets/exchanges being better than the centralized ones came from.

Unlike centralized wallets, decentralized wallets use a private key to give users total control of their funds. This type involves no third party in transactions, hence the safest method to store your funds and trade cryptocurrency. There are currently dozens of these wallets in the market today, but one that stands out is the Flits Wallet. Continue reading and find out why!

Why is Flits the Best Decentralized Crypto Wallet?

Flits App has been vouched by the industry’s experts for various reasons. First, the team behind Flits has been around for some years with other great products like Klimatas and Dutch Crypto Works. They understand very well the industry’s potential and challenges.

Essentially, Flits Wallet was developed to foster the growth of cryptos and as a solution to challenges in the industry, such as complicated and time-consuming crypto trading processes.

Second, the App presents unique and enhanced features that make it stand out from the rest in the market. These features are the ones presented below.

1. Mobile Wallet

Flits carry the title of the first mobile application with decentralized masternodes and staking. As a mobile wallet available for Android and iOS, the Flits wallet presents many benefits that are not possible with other wallets.

The benefit of ease of access is, of course, the major one. As we all know, phones are easily accessible, unlike PC and desktops.

Also, unlike others, a mobile-based wallet is safer given that phones are more private than other gadgets.

Besides, a mobile wallet provides more use cases compared to desktop wallets. For example, you can use a mobile app to pay for goods in a store as long as you have your phone with you.

2. Masternodes

In addition to portability, the Flits team went further to make sure crypto investors are taken care of. Masternodes is one of the best ways of making money with cryptocurrencies. Flits application conceals all technicalities involved in investing masternodes to make the process a lot easier. With a few clicks, you can set up your masternodes and start earning.

There are many benefits of using Flits wallet to invest in masternodes.

First, you get a chance to buy masternode shares. With Flits wallet, you don’t have to own a full masternode, and there is an option to buy masternode shares.

With a market cap of $2,242,989.00 and over 120% Return on Investment (ROI), FLS masternodes are undoubtedly a viable investment.

3. Coin Staking

Not only does Flits wallet allow decentralized hosting of masternodes, but it also supports coin staking. To run a masternode, there’s a required collateral amount. Staking is a good alternative to make money when you cannot afford these collateral coins. With staking, you gain blocks as a reward for supporting the network. These rewards can later be sold for coins that you can withdraw or invest back through different opportunities offered in the platform.

Flits App makes this process great by allowing you total control of your funds. Also, Flits rewards are given out four times each day. Flits charge a competitive staking fee of 5% of the amount staked.

4. Compatibility

A marketplace is one of the main features of a great investment platform. It enables users to liquidate their assets and rewards for profit. For this, Flits wallet integrates several exchanges, to allow users to sell off their staking and masternode rewards and withdraw the profits. Currently, the wallet integrates four major exchanges, including Crex24, Altmarkets, Birake, and Stex.

Flits wallet is also designed to be compatible with other applications, protocols, and networks. Besides, the application is supported in multiple OS and gadgets.

5. Great User Experience

The greatness of an application lies in how comfortable users feel while using it. This includes how fast the application launches, how easy it is to navigate through the App, and how safe your money is.

Flits App is the most comfortable decentralized crypto wallet, with nearly instant load speed. The main dashboard makes navigation easy, with links to the App’s main sections, such as coins, transactions, nodes, and gift cards, among others.

For safety, Flits wallet uses a 2-layer authentication policy featuring passcodes and biometrics. Passcodes are strings of numbers and characters known only to users. Flits biometrics involves fingerprints scan for android users and fingerprints/face scan for iOS users.

Bottomline

As the saying goes, great innovation brings a solution to a problem. Cryptocurrency has had many flaws that threaten to cut short the revolutionary technology. From security breaches, speed issues, to complicated processes, these are challenges that can’t be overlooked.

Flits Wallet is an innovation with solutions dedicated to the challenges in the crypto world. Flits is a top-notch decentralized crypto wallet with enhanced features that makes DeFi and investing in cryptocurrency easy, more profitable, and secure.

Download Flits wallet today and experience a new world of investment opportunities.

Resources

Flits Wallet

Source: Cryptopress.

CropShare just announced that they are giving out Litecoin (LTC) airdrops for all members on SatoExchange for the support of their ongoing Initial Exchange Offering (IEO).

They are giving 0.001 LTC to both new and existing members limited to the first 5,000 members to claim airdrops. Airdrops are set to commence on June 24th at 12:30 GMT and are projected to end immediately when the team reaches their designed threshold.

The sponsored LTC airdrops are projected to accelerate the project’s native token in terms of value and thereby ensure that token holders realize power-packed returns. Any interested investor can join the venture and get rewarded with tokens at steep discounts on their market prices.

The project’s token (CROPSHARE) provides long-term benefits under Red Sandal cultivation, which is a world-famous rare plant variety available only in India. The plant’s robust demand across the world ensures that the project’s IEO will yield higher returns to all investors.

In fact, even a small investment is set to realize greater returns in 10 years’ crop tenor, which will be approximately 137 times higher than their initial investment amount.

The CropShare team also provides a token transfer facility and nomination facility to safeguard all token holders’ perpetual rights on their investments as they buy and hold tokens till crop harvesting.

As per the recent announcement, the projects will continuously give rewards to investors in the future.

How Can I Get the Airdrop?

Members can get the LTC airdrops in by creating a SatoExchange account or use an existing one and then following the exchange on twitter at https://twitter.com/satoexchange.

Next, they should follow CropShare on twitter at https://twitter.com/IncFarming and then press a tweet button found on the account page on SatoExchange. This will generate a bonus code and send it to the member’s email upon confirmation.

The code should give you access to the Cropshare Official Telegram group at https://t.me/cropshares, where you will automatically get the 0.001 LTC bonus at this point.

So What Exactly Is CropShare?

CropShare (CST) is an innovative Utility token venture-backed by an agricultural crop at the red sandal cultivation project. The venture taps into the crypto sphere to raise investments for Agricultural development in rural India.

The agricultural crop sharing token works by tendering the source of physical existence and transparency to the cryptographic tokens in terms of underlying assets to maximize the wealth of token holders.

How to Participate in the CropShare IEO on SatoExchange

To participate in the IEO event organized by SatoExchange, simply follow the steps below:

1. Get a SatoExchange account, if you don’t have one already.

2. Fund your SatoExchange wallet with the desired amount of (BTC, ETH or SATX)

3. Go to the IEO page at https://www.satoexchange.com/ico/CST/

4. Buy from any of the box according to your balance.

Source: Crypto Adventure

A cryptocurrency exchange is a platform that allows crypto traders to buy/sell digital assets for fiat money or other digital assets. The platforms have seen a high rate of adoption since the first listing of BTC on Mar 17 2010, on the now-defunct BitcoinMarket.com. Today, there are hundreds of crypto exchanges that cumulatively exceed $272,760,370,839 in market capitalization.

There are many great crypto exchanges in the market today. While new exchanges present many attractive opportunities, only a few are genuine and legal. In the following paragraphs, we look into one of the most promising cryptocurrency trading platforms – Optimus Exchange.

What is Optimus Exchange?

As the name suggests, Optimus exchange is a cryptocurrency trading platform whose aim is to give crypto traders an optimal trading environment. Launched on Jan 9, 2020, the project revolves around enhancing the experience of cryptocurrency traders through several functionalities. The platform is open to all traders who yearn for great crypto trading experience.

Optimus Exchange has a Beta program for rewarding their users. The program gives users a chance to earn OPTX tokens from various campaigns conducted by Optimus Exchange.

Several tokens are listed on the exchange, including BTC, ETH, NCASH, KICK, NEBL, PBL, and Optimus Exchange’s native token OPTX.

OPTX Token

Built on the Neblio blockchain, OPTX is an NTP1 token and the native token of the Optimus Exchange platform. The token is the main asset of the platform mainly used for paying trading fees on the exchange by investors, pay listing fees of listed tokens by projects, Initial Exchange Offering (IEO) fee, and for token promotion.

With a total supply of 10,000,000,000,000 OPTX, the tokens can be bought on the platform at 0.00000001 BTC per OPTX. Apart from buying, there are several other ways to get the OPTX token: through participating in Optimus Exchange beta program activities, commission through Optimus affiliate program, rewards from various competitions by Optimus.

The earned OPTX tokens can be stored in the user’s internal wallet. Optimus Exchange also supports the storage of tokens in any other wallet that supports NTP1.

Token Listing on Optimus Exchange

Listing crypto tokens has never been easy for projects. Unlike other exchanges that involve a rigorous listing process, Optimus Exchange offers a simple way to list your utility and payment tokens. Optimus requires that the project be backed by a legal adherence document signed by a reputable lawyer. Also, Optimus doesn’t support the listing of security tokens.

Listing prices on Optimus Exchange are the most competitive in the market. Consider the below listing pricing model.

Monthly: 50M OPTX / Month / Pair

Quarterly: 135M OPTX / Quarter / Pair

Yearly: 500M OPTX / Year / Pair

Besides, the exchange requires no financial commitments. Your project also stands a chance to earn OPTX from referring your community through the Optimus partners’ program.

The process of listing a new token is a simple one that involves the following three steps:

Registration – Involves filling a sign-up form by one of the executive leaders of the project.

Register for token listing – This is also a simple process of filling out Optimus token listing registration form for utility or payment tokens.

Approval by Exchange – After a registration request is sent, the Optimus Exchange board will vet your project to ensure legal and conceptual requirements are met. If so, the board escalates your project to the next level of approval.

Approval by the community – Optimus traders and shareholders do the final step of approval through a community vote. The exchange dispatches a list of approved projects for voting.

Projects with the highest number of votes are picked for listing. Other projects in the list are carried forward for the next voting cycle.

ESO Listing on Optimus Exchange

ESO is a decentralized mobile and PC application with an end-to-end encrypted communication. The application which was created in 2018 by the original founders of Clearpoll, Daniel Abela and Robert Culley will be launching in July 2020. It has ESOS, an ERC-20 Token with a maximum supply of 70 Million, as its main digital asset.

Good news is that ESOS will be listed on Optimus Exchange. Stand a Chance to win ESOS tokens and giveaways by being part of OPTX:ESOS Airdrop campaign.

Benefits of Trading and Listing with Optimus Exchange

Profitability – Optimus Exchange offers various ways to earn OPTX tokens, which can be sold to make a profit. Users can make a profit through trading in an optimal environment, beta program bonuses, through referring friends, or rewards from competitions.

Competitive fee – Fee in Optimus Exchange includes the trading and withdrawal fee. The trading fee goes for only 0.1% and 0.2% maker and taker fees, respectively. This fee reduces as your trading volume grows. The withdrawal fee for bitcoin goes for 0.0005 BTC. This fee reduces significantly to less than a dollar (0.00011BTC) for OPTX or Neblio token withdrawals.

Secure transactions – Optimus strives to provide the safest trading and listing ecosystem for its community. The platform uses cryptographic mechanisms for secure transactions and has policies in place for safe storage of funds and tokens.

Wide Range of Trading Options – The platform provides traders with a wide range of trading pairs, including OPTX/BTC, OPTX/ETH, PBL/ETH, KICK/OPTX, NCASH/OPTX, NEBL/OPTX, and PBL/OPTX.

Authors Thoughts

Exchange platforms play an important role in the growth of digital currencies. They act like a marketplace where buyers meet sellers and vice versa. Some, however, act as a ground for fraudulent activities and a haven for hackers.

With many exchanges in existence today, due diligence is required when choosing your exchange platform. Factors like security, user experience, and the overall usefulness of a platform in meeting your trading goals are key indicators to a great cryptocurrency exchange.

Few months after its launch and within a few steps into its roadmap, Optimus Exchange has proved its prowess in providing the optimal crypto trading ecosystem. Currently, this is one of the most vouched for exchange with great profitability, secure transactions, and scalability features. Viewed from all angles, there’s no doubt Optimus Exchange is the future of digital currencies trading exchanges.

Source: Crypto Adventure

According to Statista, the online gambling market is currently worth almost $46 billion. This figure is expected to double to $94 billion by 2024.

This suggests that more casinos will take their businesses online, and the number of players will increase.

While this is a good move for the industry, it is important to understand that some online gambling platforms exist solely to enrich their owners by subverting players’ stake through unfair pre-programmed algorithms.

Blockchain technology can help solve this problem. Altbet.io utilizes blockchain security, transparency, and immutability in order to provide provably fair casino gaming online for the masses.

Altbet Overview

Altbet.io is a revolutionary online crypto casino platform based on cryptocurrency that allows you to place bets on your favorite betting games with the altbet coin (ABET) and, in consequence, the opportunity to potentially multiply your crypto-wealth rapidly.”

Altbet is the first platform to integrate blockchain technology into the mutual betting model.

Vision

Altbet.io will become the world’s leading online mutual betting platform. And to achieve this vision, the platform facilitates betting in 4 main categories:

1. Sports

Altbet allows players to bet on all major sports, including football, basketball, rugby, tennis, hockey, handball, cricket, and combat sports.

2. E-sports

Altbet envisions a one-stop platform where players can earn while playing multiple online games like Counter Strike Global Offensive, Fortnite, Dota 2, Call of Duty, Pubg, Overwatch, League of Legends, Hearthstone and Starcraft.

3. Markets

Allow traders to learn how to trade popular cryptocurrencies in an easy and low-risk environment with prices based on live markets.

4. Special events betting

Allow users to place bets on the outcomes of special events such as presidential elections.

Altbet Platform

Joining the Altbet platform requires a simple registration process. Altbet offers a simple online sign-up window that is easy to understand and navigate.

Registration

Registering an AltBet account is free and involves filling out a simple sign-up form. Once you submit the form, a confirmation link is sent to your email. After clicking the link, you can access the platform.

Inside Altbet

Altbet’s home page offers an easy way to navigate and contains links to all important pages.

Altbet Games

Poker – Altbet Poker encompasses; Texas Hold ’em free tables, , Russian roulette, Turbo Cash, and Super Sunday. Currently, only Texas Hold ’em, Turbo Cash and Super Sunday are active.

Texas Hold’em No Limit Cash Game – Free poker tables with different buy in ranges and SB/BB, where you can immediately join and play.

Turbo Cash – the tournament is active on the altbet platform. Buying into the Turbo game requires 500 ABET.

Super Sunday tournament – The super Sunday tournament is now active on altbet. With 5000 ABET, you can buy into the game and participate in the tournament.

Russian Roulette will also be available on the Altbet platform soon.

Dice game– Altbet offers a unique way to play Dice . The player can adjust a bet and scale their rewards based on risk tolerance.

Penalty – The penalty game involves choosing to shoot a penalty towards the goal in one direction; left, right, or center.

Other games on the Altbet platform include Coin Flip, Roulette, Lotto, Slots, and Crash.

Altbet Giveaways

Altbet is currently giving rewards for users on the basis of:

1. Being active on Discord (projects center of communication with community and developers) – You get 0.1 ABET for each message.

2. Adding altbet.io to your Discord username – earn 5 ABET every day for adding altbet.io to your discord username.

3. Promotional codes – These are given randomly on altbet social media pages (Twitter, Discord, and Telegram) each day. You can earn up to 1000 ABET worth of codes.

4. 5-day Streak – Earn up to 100 by visiting AltBet on a daily basis. Starting from 5 ABET on day 1 to 45 ABET on day 5.

5. Affiliate Program – Altbet’s Affiliate program is the best in the industry. You can earn up to “87.5% ,of the house’s earnings, by inviting your friends through Altbet’s Affiliate Program.” Your earnings can further increase when your friends invite their friends.

6. Lotto – Altbet requires that players choose six numbers from 1 to 20 (no duplicates are allowed) and buy a lotto ticket to participate in draws. Lotto draws are carried out daily at 20:00 UTC.

AltBet Coin

Altbet coin (ABET) is an open-source cryptocurrency created to see faster private transactions and low transaction fees.

ABET is currently Altbet’s only digital asset. It uses Proof of Stake protocol to secure its network. A variable seesaw reward mechanism is used to balance block rewards between masternodes and staking nodes dynamically.

The coin aims to achieve a decentralized sustainable cryptocurrency with near-instant full-time private transactions.

ABET Masternodes

Masternodes are ABET’s backbone. They help with transaction processing and assist in creating new blocks

You can create your masternode with 1000 ABET. Having an ABET masternode will allow you to earn block rewards and also the privilege to access special events and games. AltBet offers these benefits as a bonus for masternodes contributing to the platform’s development and security.

How to set your own masternode: https://github.com/altbet/mn-install

Altbet Market Opportunity

The market opportunities ,for Altbet.io, are countless as the amount of users on the platform is directly correlated with the maximum possible prize money; as more users join the platform, a bigger bank-roll is formed, increasing the size of the prize pool.

Blockchain based casino gaming has been growing at a rapid pace all over the world. This trend is expected to continue to expand exponentially over the next few years. The number of users will spike, giving the Altbet platform a great opportunity to take advantage of industry tailwinds and grow in tandem.

Also, being a blockchain-based platform, Altbet.io is well-positioned to solve the casino industry’s current challenges with:

Transparency – Without a way to catch them, traditional online casinos are able to cheat. Blockchain systems are fully transparent, and anything done on the network is visible to all users.

Gamble price – Currently, online gamblers must pay a deposit or withdrawal fee or wait for payouts and gamble on a certain percentage house edge- usually 10-15%. The vision of Altbet is to correct this with a more fair ,transparent, approach.

By solving these problems the Altbet platform will continue to grow quickly.

Altbet Multi Coin Support

Altbet only supports ABET cryptocurrency now. However, there are plans to include other cryptocurrencies on platform for bets.

Bottomline

Thanks to technological advancements, the gambling industry has survived several generations to become one of the most profitable and fastest growing sectors. The internet revolution was a major turning point for the industry.

Despite the many benefits of online gambling, internet gambling also presents inherent risks; hackers, fake betting sites, lack of transparency and provable fairness gamblers don’t always feel safe. But, Altbet will use blockchain technology to solve these problems and continue to right the mistakes of its predecessors.

With years of experience, blended with a passionate and enthusiastic team, Altbet.io has all the potential to take the gambling industry to the next level using blockchain technology. Be part of the transformation, Join them today!

Source: Cryptopress

On June 3, 2020, Bitrue, a cryptocurrency exchange based in Singapore, announced via twitter that they had unveiled a new way for users to earn passive income on their idle digital assets.

By using the Power Piggy, users can now earn passive revenue on their EOS coins at a baseline interest of 5.3%, starting with the interest distribution on June 5 at 16:00 UTC.

Bitrue allows cryptocurrency holders to earn interest on their holdings by lending them out to borrowers. There are two-time windows each day at 10:00 (UTC+8) and 22:00 when users can invest their EOS, LTC or BCH.

Deposits can be withdrawn at any time, and interest on locked EOS coins is paid out each day, making the program a great way for crypto lovers to experiment with non-legacy financial platforms.

Users can also choose the “Fixed-term investment”, where their funds are locked up for 30 days in exchange for higher interest rates.

EOS Comes To Piggy Power

The Power Piggy program is a way for you to earn interest on a wide range of cryptocurrencies, including many of the popular coins such as XRP, BTC, ETH, and most recently, EOS, LTC and BCH.

Rates are adjusted occasionally and are currently 5.3% for BTC and ETH, and 10.3% for USDT.

So far, the Power Piggy program has attracted a lot of attention from the wider crypto communities. Bitrue users are also able to conveniently take out a crypto-backed loan in order to use borrowed coins on other investment opportunities.

Lock BTR to Earn Higher Rates

In order to provide long-term sustainability and give a greater value to holders of their platform token, BTR, Bitrue offers lucrative rates on various coins for holders who stake the platform’s native token via the VIP Cap feature.

The main aim of the VIP Cap feature is to maintain a healthy and sustainable ecosystem around the Bitrue exchange as well as to enable BTR holders and long-term investors to maximize their investment capabilities.

Source: Crypto Adventure

The anonymity of blockchain is one of the factors that has led to a high growth rate of cryptocurrency. People feel safer when their transactions in a network are private. However, there’s one hurdle with anonymous blockchain, liquidity.

Blockchain Liquidity

In layman’s terms, Financial liquidity refers to how easily an asset (digital or physical) can be converted into cash without any effects on its market price. Assets with high liquidity are easy to convert to cash with fewer effects on market prices.

Unfortunately, despite a lot of efforts, cryptocurrencies still have one of the lowest liquidity among financial assets. This is the only market where the market price of an asset can drop over $1300 in 1.5 hours.

Such news affects the reputation of blockchain and leads to tightened regulations. The overall result is a crypto market with low liquidity, particularly for anonymous blockchain.

Risks of Low Liquidity in Cryptocurrency

One of the main risks of crypto’s low liquidity is lack of security. Coins with low liquidity lack of protection against such manipulations as Pump & Dump Schemes. There prices are strongly affected by large trades.

Also, low liquidity scares away investors. There is a big challenge when investors are not willing to enter an industry. It means not enough money for insurance, fewer technology advancements, and low trading volume, which could easily kill the industry.

Lastly, there is a risk of losing trust among shareholders and creditors. Low liquidity means you don’t get cash at the right time and in expected amounts leading to late payment of debts and dividends.

Addressing Liquidity Problems of Blockchain

Improving liquidity in anonymous blockchain is one way to increase mainstream adoption. Of course, many factors contribute to the low liquidity of an asset. However, if the process of transacting using cryptocurrency can be rethought and simplified, then there’s no doubt the industry will attract more users, and liquidity will improve in the process. Luckily, the Falcon Project is all about this.

Falcon Project

Started on February 2, 2020, the Falcon Project is an initiative by a team of blockchain enthusiast with a global vision to improve anonymous blockchains.

The international structured Project aims to solve the following blockchain issues while ensuring user anonymity.

Exchanges unavailability for anonymous coins – Many available exchanges don’t provide listing for anonymous coins

High cost involved in integrating anonymous coin to few exchanges that support there listing

Lack of infrastructure, such as mobile and hardware wallets for anonymous coins which cause inconveniences for users

Falcon Project presents several unique features that will help solve these problems while improving the liquidity of anonymous blockchains and cryptocurrency.

How Falcon Project Solves The Liquidity Problem of Anonymous Blockchains

Two Complementary Blockchains

Realizing that Bitcoin and Ethereum lead the way in blockchain technology, Falcon team aims to combine the functionalities of the two largest cryptocurrencies to form a “token-anonymous coin”. The two blockchains have different applications for effective services.

FNT blockchain – based on ERC-20 token. ERC-20 stands as a technical standard for all Ethereum smart contracts and token implementation. The network is reputable for its flexibility, reliability, and support for secure hardware wallets (including Ledger and Trezor), web wallets, desktop wallets, and mobile wallets. The FNT token is the main asset of the Falcon Project used for listings, integrations, and all the network undertakings.

FNC blockchain – FNC is the official Falcon Project coin. The coin facilitates optional anonymous transactions. The FNC coin gives users the right to initiate confidential transactions.

The “token-anonymous coin” combines the advantages of flexible ERC-20 and anonymous FNC to give traders a convenient way of sending and receiving funds.

Three Interchangeable Chains

In addition to FNT token and FNC coin, Falcon Project has another chain (Voucher) based on Ethereum’s ERC-1155. Falcon Project voucher is a card on the network that represents ownership of a certain amount of FNT tokens. Vouchers offer Falcon Project users a way to make a profit from “non-working investments.” From holding vouchers, users can earn 10% quarterly or 40 % annual dividends.

The vouchers in the Falcon Project exist in 4 denominations; 1 million, 5 million, 10 million, and 50 million and allow users to make money through hodling while also helping reduce market inflation.

FNT, FNC, and Vouchers are the three chains featured in the Falcon Project that are used interchangeably (through swapping or Falcon telegram bot) giving users several options to choose from according to their needs; FNT for speed and convenience, vouchers for hodling, or FNC for anonymity and privacy.

Top-Notch Security

Falcon Project has techniques and policies in place to ensure the safety of the platform. For instance, FNC coin can only be used for mutual payments among parties and later swapped to FNT for trading in exchanges. Note that FNC coins can’t be traded on exchanges. This way, no one can track your coins.

Also, the FNT token is based on the ERC-20 network, which stands as the most secure network. Besides, with zero recorded hacking cases, Whitebit, a European exchange where FNT is listed, offers traders another layer of security.

Conclusion

The decentralization feature of blockchains is a major catalyst for the growth of cryptocurrency. People prefer privacy. They prefer an environment where they can trade without someone watching them. Anonymous blockchains offer this privilege to crypto traders. However, the low liquidity nature of blockchain threatens to cut short Nakamoto’s vision.

Luckily, there is a unique solution for this. A team of blockchain enthusiasts has embarked on the Falcon Project, a platform that combines the power of Bitcoin and Ethereum to bring our solutions to challenges facing anonymous blockchain. Falcon Project’s unique features are well articulated to bring to an end the liquidity problem of anonymous blockchain.

Source: Crypto Adventure.

Litecoin is a decentralized digital currency created in October 2011 by Charles Lee, a former Google engineer. The coin uses similar encryption techniques as bitcoin to create funds, transfer them, and to confirm transactions.

Litecoin is considered as the Silver to Bitcoin’s Gold with the main difference between the two is in the number of coins that can be created and the transaction speed. More coins can be created in Litecoin than in Bitcoin. Litecoin has also faster (2 to 5 minutes) transaction rates than Bitcoin’s (10 to 20 – 30 minutes or even more).

Why Safeguard Identity?

A blockchain ledger is public. For many traders, this raises anonymity and privacy concerns. Many cryptocurrency traders like their transactions to be anonymous for several reasons including legal issues and most importantly to maintain privacy for safe transactions. Also, with increased anonymity, a trader is not limited to regulations that hinder cryptocurrency use.

Keeping your identity safe while transacting Litecoin can be hard given the network attacks that are designed to deanonymize users. However, there are several ways to maintain anonymity when transacting Litecoin. Below are some of the technological and behavioural means to do this.

Mixers and Tumblers

Mixers and Tumblers are used to confuse the trail of cryptocurrency transactions by breaking the link between coin addresses. This is achieved through the use of a temporary address or through coin swaps with other addresses of the same value.

Tumblers are used to obfuscate the origin of funds for greater privacy. Muddled association between new addresses and user’s identity provides a new start to anonymity that makes it hard to trace the chain of the transaction. To gain more privacy, traders send coins to the mixer, which mixes them with coins in a pool before returning them to their respective owners at new addresses.

The two major types of Crypto Tumblers are centralized and decentralized mixers. While centralized mixers use a central entity to control the process, decentralized mixers achieve the goals without a central entity controlling the process.

Crypto Mixer offers the most effective mixing services for Bitcoin, Litecoin, and Ethereum. The completely automated mixer neither stores the logs nor collects emails or personal data. Bitcoin Mixer charges a random commission of 2-4% for every transaction.

Hide IP Addresses Using VPNs and Tors

Tor is an open-source software program that safeguards identity in online transactions through a technique known as onion routing. Onion routing is an encryption method that hides IP addresses in the application layer. The technique routes multiple times through layers over a virtual network making it difficult for anyone to decrypt the information.

A virtual private network (VPN) on the other hand uses secure protocols like PPTP and OpenVPN to guide online transactions. Litecoin investors can use a VPN and appear to work from London while in actual sense they are working from Hong Kong. VPN encrypts data from users to the VPN service and hides traffic from the user’s Internet Service Provider, thus preventing correlation-based traffic analysis attacks.

Both Tor and VPN can help safeguard the user’s identity by hiding their personal information as they make it possible to transact using a different IP address and geolocation.

Use New Addresses for Each Transaction

The immutable and transparent nature of blockchain technology makes it possible to trace transactions to their root. By using the same address for each transaction, it becomes easy to know the connection and track your wealth. Any third party can easily follow the flow of coins to and from the address. Your account security and privacy are compromised by address re-use.

By using new addresses for each transaction, however, anonymity is ensured so that finding the relationship between your transactions is made much difficult. Some crypto wallets provide a way in which users can generate new addresses each time they intend to send or receive a cryptocurrency.

Using Stealth Addresses

A Stealth address can be used by anyone who wishes to request funds from the public while keeping his account details including the balance private. Instead of publishing your addresses on public spaces, the requester publishes stealth that can help in generating a regular address. Cryptographic functions are used to link generated stealth addresses to the requester’s private key without showing association in public. This prevents analysts from tracking funds ownership.

Adopt Crypto Transaction Best Practices

Adopting online transaction best practices is a great way to ensure anonymity. Some of these practices include:

Choose the best exchange – Some exchanges provide a great level of anonymity while others don’t. It is a best practice to always research exchanges before jumping in.

Use Advanced Anti-malware programs – these protect your computer from both classified and unclassified online attacks. Ensure the auto-update option of your anti-malware is `on` or manually update it regularly.

Using a secure connection – a secure connection can be identified with any URL that begins with https://. URLs that begin with http:// should be avoided.

Set a strong password – Avoid common passwords or passwords that can easily be guessed. A strong password is long and uses a combination of alphanumeric and special characters. Also, avoid sharing of passwords and PIN with anyone.

Buying and Selling Cryptocurrency in Cash

Some exchanges provide a way of Buying or selling cryptocurrencies in cash. This goes a long way in protecting your identity while transacting cryptocurrencies. For instance, Localcryptos integrates Escrow services and facilitates anonymous person-to-person transactions.

Conclusion

Keeping your identity safe while making online transactions is a vital part of good online investment. It is not only beneficial but it is also what blockchain developers sort to address. While many cryptocurrencies such as bitcoin and Litecoin claim to be anonymous, it is possible to trace transactions to the inception in most of them. This exposes your transactions to hackers and other malicious attackers. Fortunately, Litecoin users can now protect their identity. The above measures if well implemented will help you maintain your anonymity while transacting Litecoin.

Resources

Source: *Crypto Press*.

Copy trading is a type of social trading traders can observe and follow the trading strategies (such as take profit and stop loss) of their peers either manually or by use of a copy trading bot. This is the perfect way where novice traders can get the same results as professional traders.

A crypto trading bot refers to a platform that uses pre-programmed algorithms to run automated tasks of managing your trading portfolio. They are seen as an alternative to exhaustive manual trading.

Benefits of Using Crypto Copy Trading Bot

There are many benefits of using bots for copy trading as compared to manual copy trading.

Saves on time – The process involved in copy trading can be time-consuming and draining. You have to choose an expert from a pool of traders, find out when they place a trade and keep monitoring until they stop a trade. This is a long process. A bot automates the process to make it almost instant.

Copy trade 24/7 – As humans, we are limited on how many hours we can work daily. The trading robot never sleeps. It’s always analyzing your peers and copying their trades even when you’re sleeping.

Emotions free trading – At times, it can be irritating when you copy the wrong trade. This could make you develop a negative attitude towards crypto trading, which in turn leads you to even more wrong decisions. With a Crypto bot, you eliminate the stress and anxiety involved in trading.

Earn with zero experience – Crypto bots do most of the work for you. Your only input is choosing the bot that meets your needs and sets your terms. From there, you sit back and allow the bot to do the complex things for you.

Access to information – A crypto trading bot is usually linked to other sites through APIs. A bot, therefore, has a wide range of information to analyze, compare, and make viable decisions.

How to Copy Trade with Shrimpy

Shrimpy is the number one crypto trading platform in the market today. The platform stands out as the best portfolio management with its social trading functionalities. It offers a wide range of features and possibilities that makes crypto trading easy and more profitable. The following are some of the unique features of Shrimpy that makes it outstanding.

Shrimpy Unique Features

The following are some of the unique features that make Shrimpy outstanding.

Rebalancing – Shrimpy trades on your behalf buy automatically executing a buy or sell request for pairs that are aligned with your goals at any given time.

Backtesting – involves analyzing a strategy and simulating its potential performance over historical data to reduce the risks.

Multi-exchange support – Shrimpy supports several crypto exchanges including KuCoin, Binance, Bittrex, Coinbase Pro, Poloniex, Kraken, Bibox, Huobi, Huobi Global, Gemini, BitMart, OKEX, HitBTC, and Bitstamp.

Social trading portfolios – The social trading platform on Shrimpy is a unique one with incentives for both leaders and followers. Shrimpy’s Social Portfolio dashboard presents a breakdown of allocations for each cryptocurrency trade made by leaders. The platform also offers several bots to help traders with their portfolios. Notable among them is the copy trading bot.

The Philosophy of Leaders and Followers in Shrimpy – Leaders are experienced traders who set the pace for others to follow. Unlike other bots, Shrimpy followers are not limited to only one leader. Rather, they can divide their portfolio to allow multiple leaders to manage a percentage of their funds. For effective copy trading, Shrimpy monitors changes on a leader’s account balance every minute. Any relevant change detected on the leader’s account balance is sent to all followers of that leader who then execute relevant trades to match the leader.

Benefits of Copy Trading with Shrimpy

Almost Instant Notifications – Shrimpy collects balances of traders’ accounts on a 1-minute interval. In other words, followers are only 1 minute behind their leader.

Wide Range Trading Opportunities – Rather than only allowing copying of strategies that the platform supports, Shrimpy leaders can also execute their trades on other platforms, manually, or use bots. The bot will then detect that trade and notify followers on Shrimpy.

Final Thought

In a short time, cryptocurrency trading has joined the list of top ways to make money online. It has attracted people across governments, the private sector, as well as the developers’ community. Many tools and policies have been developed to improve efficiency, profitability, and ease of use of crypto trading platforms. Copy-trading concept has been around in financial trading, and it’s now taking crypto traders by storm.

It isn’t a surprise that trading bots are now being developed for this very reason – to help people learn through practice. This is the most selfless act by crypto trading platforms towards novice traders. And what’s more, some of these platforms, like Shrimpy, have gone further to provide extra features for their users to make more profit. Indeed, there has never been a better time to start trading crypto.

Resources

Source

https://www.shrimpy.io/

https://www.shrimpy.io/

The Liechtenstein Cryptoassets Exchange, LCX, is the newest contender for being a category leader in the blockchain industry. The platform seeks to provide a blockchain ecosystem for both crypto and fiat financial industries.

LCX has its roots in fintech and has been around since 2017. Through various products, the platform is looking to tokenize everything. LCX aims to innovate capital markets and is providing solutions for compliant digital assets and security tokens.

LCX’s Birth

The brain behind LCX, Monty Metzger has been a blockchain advocate since 2013. He has been quite vocal about the disruptive power of blockchain technology and cryptocurrencies. However, the realization that the missing regulatory framework kept Digital Leaders Ventures, his venture capital fund, from participating and investing in blockchain and cryptocurrencies propelled him to find a solution.

Thus, Monty sketched out LCX’s plan on a napkin as a solution for professional investors on 27th November 2017. LCX’s vision is to bring the power of blockchain technology to the banking and financial world. Its chief goal is to become the world’s first licensed and supervised blockchain ecosystem for investors.

So, how does LCX intend to achieve this?

LCX’s infrastructure will focus on all aspects of compliance and regulation. Developers are looking to build AML and KYC solutions for consumers and enterprises. These solutions include surveillance for crypto deposits and withdrawals, as well as on-chain analytics.

LCX Blockchain Ecosystem

LCX is looking to provide a solution for both the fiat and crypto industries. As such, the developers designed the ecosystem to accommodate both industries. This unique feature puts LCX well on its way to become a global category leader.

LCX’s blockchain ecosystem entails six key components that make it easier for the company to provide industry-leading crypto asset products and services. Let’s have a look at the elements of the ecosystem.

LCX Terminal

The terminal is LCX’s primary product and provides some unique services, compared to similar platforms on the market. The terminal supports multi-exchange trading, allowing users to trade in up to 15 platforms through a single interface.

Through the terminal, users get all the tools they would need for professional and advanced crypto trading. You get real-time data from significant crypto markets, instant trading, news, and analytics for both retail and institutional investors. LCX terminal also provides sophisticated portfolio management.

LCX Assets

Another essential aspect of the financial world is asset management. LCX provides this service through the Assets platform for both fiat and crypto-assets. The platform issues various tokenized assets. It also helps to manage security token emissions.

LCX plans to launch this STO platform after obtaining the necessary regulatory approvals.

LCX Reference Price Services

LCX launched the LCX Cryptocurrency Reference Price Services, which is a service that became regulated in 2020 by the new Liechtenstein Blockchain Laws as Trustworthy Technology Reference Price Services. Operators of the TT Price Services and other blockchain-based services are supervised by the Liechtenstein Financial Market Authority (FMA).

The LCX Cryptocurrency Reference Price Services includes four different reference prices called 1) the LCX Bitcoin Reference Price (BRP) in USD and Euro and 2) the LCX Ethereum Reference Price (ERP) in USD and Euro.

The LCX Cryptocurrency Reference Prices is an expansion and improvement of a number of prices referencing features and proprietary solutions that have been developed and offered by the LCX AG as a part of our LCX Terminal platform since 2019: now, following positive feedback and encouragement from our users, we are taking our pricing services to the next level.

LCX Exchange

This part of the ecosystem is yet to be launched. The exchange will provide a regulated marketplace for security tokens and other crypto assets.

Some of the key features of the exchange include a scalable infrastructure, a secure backend, and a high-performance engine. The exchange will cater to English, German, and Chinese, with other languages rolling out in the future. Users on the exchange will have access to advanced trading tools, as well as portfolio management.

LCX Vault

LCX Vault is a multi-category custody solution for digital assets in accordance with the Liechtenstein blockchain laws. LCX Vault will offer three main categories of asset protection:

– Decentralized Self-Custody: providing clients full control of their digital assets via hardware wallet integration and partner wallet solutions.

– Hybrid Custody: seamlessly integrated digital asset protection at the LCX platform, enabling clients to securely perform transactions while maintaining flexibility, speed and convenience.

– Cold Storage: Institutional grade cryptocurrency custody, audited, insured and at highest physical security standards.

LCX provides institutional-grade custody for cryptocurrencies and digital assets. LCX has developed a proprietary bank-graded cold storage solution applying the highest standards of cryptographic and physical security.

LCX Token Explained

LCX’s utility token is the LCX token ($LCX). The token is exchange-based, and users on the platform can use it to pay for any LCX-based services. It also doubles up as a voucher to pay terminal subscription fees, exchange fees, and other fees within the blockchain ecosystem.

Independent factors like supply and demand will determine $ LCX’s value within the ecosystem. But, as an incentive, the token’s price will be equal to $0.10 or the determined market price (whichever will present a higher value) whenever users spend $LCX within the system.

At the time of writing, LCX’s market cap is $6.67 million. It has a total supply of 956.682,375 LCX, with 629,038,953 LCX in circulation. LCX is currently listed on eight exchanges, including IDEX, Liquid, and CoinsBit. Its popular trading pairs include LCX/BTC, LCX/ETH, and LCX/USDC.

Verdict From the Author

Undoubtedly, LCX presents an adjoining use-case solution. That’s because, when you look at the time cryptocurrencies stormed the fintech industry, there has been a tug of war over the digital and traditional financial systems.

On the one hand, cryptocurrencies hold the promise of revolutionizing the financial system while, on the other, the conventional system fires the shots of global acceptance.

To bridge the confusion between the two rationales, LCX promises to offer a viable solution for both fiat and crypto industries, with a focus on professional investors. This is music to every investor’s ears.

Even so, as an ever-growing project, it is only a matter of time before the platform tokenizes the crypto space with stunning exquisite features.

Source: Crypto Adventure.