Bitcoin Press Release: Stratis release details of their Blockchain as a Service (BaaS) platform, which will bring blockchain to mainstream companies via Azure Cloud.

7th January 2021, London, United Kingdom – Stratis was created for a simple purpose – to provide enterprises with blockchain as a service (BaaS) solutions, designed to implement complex blockchain architecture within mainstream coding languages, used by everyday companies away from the crypto niche. 

It does this through cloud solutions, support for C# and .NET application building, alongside tool customization via its open source protocol. The result of this? Stratis unlocks the power of blockchain technology for mainstream businesses, and unlocks the mainstream market for the blockchain industry – Two powerful combinations.

Enterprises that find themselves relying on the Stratis tool set will access a less expensive and less complex blockchain building framework. Companies no longer need to purchase and manage their own full nodes, nor do they need to build a blockchain infrastructure from scratch – Something which is niche and represents a huge barrier to entry by setup cost to all but the largest of companies. Moreover, businesses in need of smart contract support will be pleased to find that Stratis supports virtual machines via Microsoft’s Azure cloud platform.

Stratis – Tailored with Perfection

Stratis holds several key values that make it an optimal choice for blockchain operations – decentralization, privacy, scalability, practicality, accessibility, reliability, security, and performance. To better understand this, Stratis blockchains run a number of cloud-based full nodes, so decentralization is assured. Privacy is guaranteed – through cryptographic encryption, all transactions and communications remain private. Stratis is also keen on providing an adaptable degree of scalability, achieved through the means of intuitive sidechain usage. 

Companies looking to leverage the power of smart contracts must know that Stratis is the only platform providing support for C# execution, so developers can efficiently code self-enforcing programs utilising their existing development tools and existing knowledge of a rich and versatile programming language. Stratis is also working on facilitating cross-chain communication between contracts running within Stratis’ ecosystem and those deployed on the Ethereum blockchain, hence increasing their suitability for today’s interconnected world.

STRAX Swap on Binance

In September 2020, the team introduced STRAX, a more powerful protocol designed to flawlessly integrate within the platform’s existing business model. Previously-minted STRAT tokens have been swapped to STRAX tokens on a 1:1 basis via Binance. Following the shift, Stratis will introduce a series of other advanced features, such as the STRAX SideChain, Stratis InterFlux, SegWit support, cold-staking, the DeFi app library, IoT development tools, and many others. 

Since STRAX is based on the proof-of-stake consensus mechanism, network participants can receive token-based rewards in exchange for staking their STRAX tokens. Stratis is well-aware of the security risks posed by hot wallet storage, so the team has decided to use cold-staking for ideal token security.  

2021 – The Year for Stratis & BaaS 

In Q1 2021, Stratis will launch the Unity Development Kit (allowing the integration of NFTs and decentralized identities within the gaming ecosystem), the DeFi Software Library (a catalogue of C# standardized smart contracts), the Stratis DAO (a means of funding next-gen developments via voting), the Stratis System Contracts (introducing on-chain logic and simplifying user-driven processes), and the mobile wallet featuring token support (supporting tokens issued on the Cirrus Sidechain). 

In Q2 2021, Stratis will launch the Python Development Kit (allowing Python coders to build on Stratis), the IoT Development Kit (meant to introduce Stratis solutions to IoT hardware), a new version of Proof-of-Stake (boasting improved security and additional features), Stratis Oracles (a distributed means of accessing off-chain data), and Dex Mobile Support (allowing mobile trading of SRC20 tokens). 

In Q4 2021, Stratis will launch Ethereum Interoperability (known as InterFlux, this will enable usage of wrapped STRAX tokens on the Ethereum chain), alongside the STO & Digital Asset Platform (providing the tools needed to manage token offerings). 

With so much happening last year ,and so much on the horizon, 2021 looks like a promising year for Stratis. Click here to Find out more about how Stratis is changing the world one blockchain at a time.

Follow Stratis on Twitter – https://twitter.com/stratisplatform

Join the Stratis Developer Academy – https://academy.stratisplatform.com/

Check out Stratis on GitHub – https://github.com/stratisproject

Read the latest Stratis news – https://www.stratisplatform.com/news/

Media Contact Details

Contact Name: Bitcoin PR Buzz Press Team

Contact Email: press@bitcoinprbuzz.com

Stratis Group LTD is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections.

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Bitcoin Press Release: Publicly-listed Scandinavian discount crypto exchange CPH Crypto launches its mobile trader apps, now available on Google Play/Android and App Store/iOS platforms.

4th January 2021, Copenhagen – Just a couple of weeks ago CPH Crypto, a leading Scandinavian deep-discount crypto exchange, announced margin trading 10x on crypto spot as its latest service. The company is proud to announce that traders can now onboard as clients and conduct all trading activities via CPH Crypto’s new mobile Trader App now available as Android and iOS platforms.  

CPH Crypto Trader APP for Flexible Trading  

The new trader app enables clients to start trading after just a couple of minutes of registration and onboarding. The CPH Crypto Trader App allows users to trade all the most popular cryptocurrencies and pairs, swiftly deposit, transfer, and withdraw bitcoin and USD anytime.

CPH Crypto’s CEO, Jan Andersen describes the recent progress, stating: 

“We have come a long way in only a few months since the launch of CPH Crypto webtrader in September. Margin trading on crypto spot was successfully launched just recently, and now our apps are ready. We know that this is extremely important for our clients because it offers them total trading flexibility. They can do everything on the smartphone and use the mobile trading apps like their usual desktop trading.” 

Unlimited Trading For Just 39 USD/Month

According to CPH Crypto’s philosophy, traders should only have to focus on their strategy and not on the costs when they trade. That is why CPH Crypto goes against the trend of high trading fees on the crypto market and offers a deep-discount fixed fee of only 39 USD/month for unlimited trading. Or a commission of only 0.04 pct. per transaction for single trading.

CEO Jan Andersen explains: 

“In the traditional stock and FX trading market competition has driven down fees to a low  level over the last decade. The same needs to happen in the crypto space, but we want it to go faster, and that’s why we launched our discount concept in September.”  

Dominant Trading Platforms Up to 13X More Expensive 

Recent calculations clearly document that some of the biggest crypto trading platforms are as much as 13 times more expensive for active crypto traders to use than CPH Crypto. 

To obtain a complete view of a particular broker’s or exchange’s trading fees, individuals need to take both commissions and spread into consideration. Traders tend to forget the impact of the spread on the total costs, even though the spread is often where the most significant part of the total fees is hidden, especially when trading on so-called commission-free brokers or exchanges.  

Typically these brokers/exchanges tend to compensate for the lack of fee on commission by heavily increasing the spread – the difference between the bid price and the sales price – enabling them to earn their margin on the spread instead. On top of this, traders should not forget that high fees on money management – like deposits and withdrawal – is also added to the total costs.

Unique Crypto Deposit Insurance 

Jan Andersen underlines that CPH Crypto offers the same services and features as the leading international trading platforms, stating:

“We offer margin trading 10x on crypto spot, deep streaming institutional level of liquidity and market depts, realtime quotes, tight spreads and genuine best execution standards. And from today our mobile apps are available too,” 

Jan continues: 

“In addition to all this, CPH Crypto offers exceptionally low fees; and another unique feature is our crypto deposit insurance, which together with the low fees makes CHP Crypto a truly unique player on the crypto trading market.” 

What the insurance does is to guarantee all the clients’ deposits in cryptocurrencies, which means, for instance, that in the unlikely case of a hack of the trading platform, all the clients’ deposits in cryptocurrencies will be insured. To prove the extreme differences in fees between CPH Crypto and four globally dominant trading platforms, CPH Crypto has conducted a line of price comparison based on concrete examples.  

Anyone can download the CPH Crypto Trader App now on Google Play or iOS and take advantage of some of the lowest fees in the industry. 

To Learn more visit the CPH Crypto –  www.cphcrypto.com

Follow CPH Crypto on Twitter – https://twitter.com/cph_crypto

Find CPH Crypto on Facebook – https://www.facebook.com/cphcrypto

Media Contact Details

Contact Name: Jan Andersen

Contact Email: jan@cphcrypto.com

CPH Crypto is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today. 

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Bitcoin Press Release: Megaupload creator Kim Dotcom announced this month to use Bitcoin Cash for his newest innovation, K.IM, a suite of tools to enable anyone around the world to manage, protect and sell digital content at ultra-low fees and without intermediaries. 

30th December 2020, Auckland, New Zealand: Dotcom, who’s website Megaupload was once the 13th most popular site on the Internet and responsible for 4% of all Internet traffic, said K.IM turns “digital files into file shops. Users can use our service to package a file that they want to sell into an encrypted container file and then they can place it anywhere on the Internet. Customers who want to access the content inside the encrypted container can make a payment using cryptocurrency like Bitcoin Cash.”

Asked why he was excited about K.IM and Bitcoin Cash in particular, Dotcom said that while Bitcoin (BTC) has been a great tool for asset storage, Bitcoin Cash is “great for payments” for services like K.IM and offers new financial opportunities for consumers, vendors and investors. Kim had the following to say about the crypto market: 

“My opinion is that crypto use is on the rise and BCH is in a good position to accumulate market share. For me it’s simple: The more users you have the more value you have.”

“The winners in the crypto race will be decided by vendors and users. Focus on the fundamental question: What do vendors and users want? Low fees, fast transactions, high security and ease of use.”

He went on to say that Bitcoin Cash was currently “undervalued” and that the “upside potential for those who missed the BTC train” is enormous. Bitcoin.com Founder and friend of Dotcom, Roger Ver, said that Dotcom has “always been ahead of the rest of the market and that people should pay attention to his predictions”. He went on further to say: 

“When you look at interest in BTC these days, a lot of it comes in trying to chase its historic investment gains. As long as the price keeps going up, there is going to be a lot of interest. But what happens when people want to start actually using it to pay for things? They will discover the limitations of Bitcoin and look for an asset that can be both an investment and a true peer-to-peer payment system like Bitcoin was originally meant to be. That’s what Bitcoin Cash is. 

Speaking further on Bitcoin Cash, Ver said the following:

It has all the great qualities that helped BTC become a store of value but it’s not artificially rate limited. Entrepreneurs like Kim Dotcom can actually use it to build their business without relying on central parties to provide payment layers. It’s not surprising that he would be so bullish about Bitcoin Cash.”

Ver said that K.IM is one of the most exciting products he’s seen in years and has the potential to get millions of people using cryptocurrencies like Bitcoin Cash which can handle the massive volume Dotcom’s businesses have created in the past.

K.IM is currently in development with updates coming soon. The platform is expected to launch in Q4 of 2021. To find out more information visit the K.IM website today.

About K.IM

Providing advanced services and technologies to manage, protect and sell digital content, K.IM will revolutionise the monetisation of digital content and create a fair market for content creators and consumers.

K.IM is the source of this content. This Press Release is for informational purposes only.

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Bitcoin Press Release: Vaultoro, the crypto currency and gold exchange announces the landmark addition of silver, giving users the ability to buy, sell, trade and secure the precious metal from December 17th. 

29th December 2020, Cardiff – Cryptocurrency exchange Vaultoro is known for enabling their traders to secure profits and store them in physical, insured and audited Swiss gold bullion. On December 17th 2020, Valutoro announced the support of silver bullion on its exchange, instantly making itself accessible to both cryptocurrency and precious metals investors.

Vaultoro CEO Joshua Scigala explains why silver could soon expect a price boom, stating:

“Silver has a great opportunity as it has fantastic antibacterial and antiviral properties. As we all know, 2020 has shown why this is important. This makes silver one of the best assets to diversify into when investing in rare physical assets.”

Silver trading pairs

Both bitcoin and gold have seen a huge rise in value in 2020 whilst silver is still considered to be undervalued. Interest in Silver has risen considerably this year, as is expected to continue, with the medical industry recognising its potent antibacterial properties, along with its growing use in electronics. 

In response to huge demand for bank-independent profit taking from crypto traders and precious metal enthusiasts, Vaultoro has now bridged the longstanding gap with this groundbreaking integration of silver bullion pairs, offering one of the cheapest ways to buy, sell and secure silver bullion. Current tradable pairs are, SILVER / BTC and SILVER / DASH with SILVER /GOLD and SILVER / ETH coming soon.

Silver Airdrop to all Vaultoro users

To celebrate the integration of silver, Vaultoro is airdropping 5Kg of silver bullion (5 grams per person), vaulted in one of the most secure vaulting facilities in the world, the Brinks Zurich tax free zone vaulting facility. This silver is secured in the owners name and is their legal property so even if something happened to Vaultoro, no one can touch the bullion, not even liquidators. 

Anyone interested in the silver airdrop must log in by the 7th of January 2021. 

What is Vaultoro.com?

Many users risk getting their bank accounts frozen when taking crypto profits off the table. Vaultoro is the perfect exchange for anyone interested in taking profits made in crypto and holding them bank independently in physical gold or silver. Users can trade numerous cryptocurrencies, and move their gains into physical assets like silver, for long or short-term stability without the threat of having their bank accounts frozen. 

Vaultoro gives its users easy access to professionally vaulted, fully insured and audited gold and silver bullion. Storage of silver also costs users particularly low amounts in fees – clocking in at only 0.003% per day. Users can trade back to crypto at any time to buy the coming bitcoin dip. Silver (like gold) is secured in the owner’s name as their legal property in a private, bank independent top-tier Swiss vaulting facility. Gold is audited by one of the largest auditors in the world in BDO. 

Get Paid To Trade

Everyone hates paying trading fees, and Vaultoro turned trading fees on its head by actually paying trading fees to users instead of charging them on crypto to crypto pairs. The exchange uses an order book on which thousands of users can trade with each other and find a fair price, if users place an order in the orderbook as a market maker, they will be paid a negative trading fee for adding liquidity to the exchange

Why Storage fees are so low.

Due to the large volumes of gold Vaultoro exchange secures for their clients, the vaulting fees are much lower than any individual would have to pay. Vaultoro passes those bulk savings directly on to the user.

For more information about Vaultoro, please visit – https://vaultoro.com/

Follow Vauloro on Twitter – https://twitter.com/vaultoro

Follow Vauloro on Instagram – https://www.instagram.com/vaultoro

Find Vaultoro on Facebook – https://facebook.com/vaultoro

Meet the team on LinkedIn – https://www.linkedin.com/company/vaultoro/

Read about Vaultoro on Medium – https://medium.com/@vaultoro

Media Contact Details

Contact name: Isabel Lanz

Email: isabel@vaultoro.com

Vaultoro is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today.

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Bitcoin Press Release: Golden Pyrex (GPYX) announce details of their DeFi platform enabling yield farming, gaming, and NFTs.

17th December, 2020, Nur-Sultan, Kazakhstan – Despite the exponential growth of the DeFi market throughout 2020, the industry is now dealing with a short-term plateau, as the market matures and projects are put to the test. Indeed, innovative use cases like governance, yield farming, and non-fungible tokens (NFTs) will play an essential role in the future’s economy, but not all of them will survive. 

GoldenPyrex Is Building a Sustainable and Independent Token Ecosystem

A key reason behind failing projects is their improper liquidity assurance. Tokens require liquidity to strive, and this is normally generated via third-party trading. However, a key principle of the crypto market is to reduce friction caused by intermediaries, thereby increasing simplicity. 

With these aspects in mind, GoldenPyrex’s ecosystem was built to facilitate convergent GPYX token circulation. As a gaming and entertainment platform, the project integrates GDEX, G-SWAP, and GameHouse within a closed-loop ecosystem that eliminates unnecessary intermediaries, while facilitating access to quality services.

GoldenPyrex holds a significant value proposition. Its core purpose is to provide users with next-gen DeFi solutions that power yield farming, gaming, and NFTs. To put this into perspective, the project is currently rolling out a series of unique NFTs designed to facilitate the acquisition and customization of rare collectibles. Such NFTs are extremely hyped nowadays, as the market advances and collectible-centered economies are sprouting up everywhere.

The GoldenPyrex ecosystem will feature its very own marketplace, where users can essentially transact the GYPX utility token in exchange for a myriad of neat collectibles. Thanks to these stores, the token’s market liquidity will further increase. 

Highlighting the Use Cases Associated with the GoldenPyrex Token

To capture a larger portion of the total available market (TAT), the GoldenPyrex ecosystem is investing considerable resources into building a massive use case catalog. As such, some of GPYX’s use cases include, but are not limited to yield pool farming, paying GameHouse commissions, purchasing GameHouse tournament/VIP club tickets, staking, community governance voting, and much more. 

It’s imperative to point out that with GoldenPyrex, DeFi enthusiasts worldwide can essentially earn via a high-utility token. This is better explained through a press statement made by Ilyas Sadvasakov, the founder of GPYX: 

“GoldenPyrex is making it easier and realizable for DeFi enthusiasts to merge multiutility with the ability to earn in a secured manner. With rewards already set for our loyal followers to earn from farming yield on supported pools, we are confident we are unlocking a new evolution in the convergence between the several components of modern DeFi such as Yield Farming, NFTs, and the ability for the GPYX token holders to also explore the world of Games within the Gamehouse platform”

The Golden Pyrex ecosystem wouldn’t have been possible without support from the Kazakhstan Government, as highlighted by Ilyas: 

“We are indebted to Kazakhstan Government and Astana International Financial Centre both of which have been taking smart steps to support entrepreneurs in the blockchain and decentralized finance area. It’s quite evident in the enabling environment they have provided to Bitcoin miners. Kazakhstan ranks number 4 in terms of Bitcoin mining contributing largely to Bitcoin network’s hash rate.”

GPYX – Service Overview

The GoldenPyrex ecosystem encourages the use of GPYX tokens amongst its three main services – yield farming, gaming, and the upcoming exchange. Within the yield farming interface, users can earn GPYX tokens in exchange for staking Uniswap LP tokens. The gaming interface now supports GPYX-based poker, which is an excellent means of earning additional tokens. 

An innovative PoolPicker game will be launched in the near future. Lastly, the upcoming exchange will allow users to swap GPYX tokens in exchange for other popular assets. The exchange will also come along with a pool, governance, and bridge features, as part of GoldenPyrex’s all-inclusive system philosophy. GoldenPyrex is poised to continue enhancing its service catalog, creating lucrative use case scenarios of the GPYX token. 

Project Roadmap

The 4th quarter of 2020 saw the official release of the DeFi platform, followed by the UniSwap liquidity pools launch, and the introduction of GameHouse. GoldenPyrex is actively working on updating its interface and introduction new features. With this being said, during the 1st quarter of 2021, the GPYX token will be listed on the top 30 exchanges featured on CoinMarketCap. 

Furthermore, the GameHouse and Yield Farming will see new features and improvements following a scheduled update. During the 2nd quarter of 2021, GoldenPyrex will release GameHouse on mobile devices and launch GoldenBay, as well as the staking contract. 

Obtaining GPYX 

GoldenPyrex has built a liquidity farming system to govern the minting of GPYX tokens. However, users who are not keen on farming can always purchase GPYX through secure partner exchanges like UniSwap, Coinsbit, and STEX. In fact, Coinsbit has recently listed GPYX and supports trading against BTC, ETH, and USDT. 

To find out more about the future of DeFi, visit the GPYX website today or the GPYX Uniswap.

Keep up with GPYX by following on Twitter

Join the GPYX Discord Server

Media Contact Details 

Contact Name: Bitcoin PR Buzz Press Team

Contact Email: press@bitcoinprbuzz.com

GoldenPyrex is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections.

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today.

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Bitcoin Press Release: 1xBit casino announces support for the use of the Binance Coin (BNB) cryptocurrency on its betting platform. 

17th December 2020, Limassol, Cyprus – Top crypto casino 1xBit has added Binance Coin (BNB) to its long list of supported cryptocurrencies. Henceforth, users of the platform can utilize the cryptocurrency to bet and earn many rewards and bonuses available for them.

What Is BNB?

BNB was created in 2017 as an ERC20 token on the Ethereum blockchain. In 2019, the ERC20 BNB tokens were swapped with BEP2 BNB during which the Binance Chain was launched, and now it hosts the coin. Since then, BNB has become the native currency used to run the Binance Chain blockchain.

BNB coins are pre-mined, which means there is no need for a system to mine new coins like the case of Bitcoin (BTC). It is worth noting that Binance Chain uses an algorithm known as Byzantine Fault Tolerance (BFT) for consensus. In this mechanism, validators earn coins by helping to validate transactions. 

How Is BNB Used?

Currently, BNB is the 7th largest cryptocurrency by market capitalization. Its growth to this level can be easily traced to the several things it is used for. It can be used to make payments for goods and services to online merchants. In 2018, it was reported that BNB was available at 2.3 million merchants worldwide. This number is likely to have amplified significantly by now. This is a major way to increase the adoption and value of a cryptocurrency.

Because of its cheap transaction fees, BNB is used to pay for transactions on the Binance exchange. According to the 2019 year review, Binance processed nearly $3 billion in transactions daily. As the number one exchange in the industry, this will significantly boost the value of cryptocurrency.

BNB is also used for ICOs on Binance Launchpad. When launching new projects, they conduct an initial coin offering that allows investors to buy the tokens launched. On Binance Launchpad, this can be done using only BNB.

Binance Coin has become very popular in the world of gambling, another fast-growing use case for cryptocurrencies. As a result, 1xBit now has this crypto available, and users can enjoy all the advantages of using BNB when they sign up on the casino. This is in line with efforts to increase the number of available cryptocurrencies for betting on the platform.

About 1xBit

1xBit is one of the oldest and most trusted crypto casinos in the gambling industry. It offers several bonuses, such as the welcome bonus of up to 7 BTC, for its new users after making their first 4 deposits. It has a large number of available cryptocurrencies for gambling, currently over 25. Betting is done completely anonymously, as the registration is simple and does not require a lot of personal details. Users can withdraw their earnings easily and for free because 1xBit does not charge withdrawal fees. 

Conclusion 

Now that you have learned about the benefits of using BNB, go ahead and sign up on 1xBit to take advantage of the many benefits, bonuses, and incentives available on the platform. It’s the perfect time to use the BNB token on 1xBit and enjoy the best gambling experience. 

For more information about 1xBit, please visit – https://1xbit.com/

Check out the official 1xBit blog for the latest articles – https://1xbit.com/blog/

Media Contact Details

Contact name: Anastasia Semenova

Email: marketing@1x-bit.com

1xBit is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

The post 1xBit Casino Adds BNB To Supported Cryptocurrencies appeared first on NullTX.

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Bitcoin Press Release: Recent calculations clearly document that the dominant crypto trading platforms are up to 13 times more expensive for active crypto traders to use than the new Scandinavian exchange CPH Crypto.  

16th December 2020, Copenhagen, Denmark – Every swing trader, day trader and scalper in the crypto market knows the importance of trading fees and how those fees often make it extremely difficult to pursue trading strategies based on high-frequency trading. It’s commonly known among traders that cost simply kills profit. 

Lack of competition and transparency prevents traders to profit. The problem is simple: Up until now, the competition on fees in the crypto trading market has been virtually absent, and the dominant trading platforms have been able to charge exorbitant transaction fees and get away with opaque pricing structures, which has made it extremely difficult for customers to figure out what they are actually paying in total for the services they are using.  

The reason for the problem is immaturity in the crypto market. Going back twenty years, the traditional stock, bond and FX market was on the same stage of development as the crypto market is today, and similar to the crypto market, the traditional market was dominated by few very big players that were able to charge very high prices because of lack of competition and transparency.  

Immediate Disruption of Fee Structures 

“Eventually new players entered the market and started to disrupt the dominant players’ pricing models and drive down prices. And today, trading fees on traditional products are only fractions of the level we see in the current crypto market,” says CEO Jan Andersen, CPH Crypto, and continues: 

“Our team knows this because we have our roots in the old trading world. And our declared mission is to disrupt the dominant crypto players by offering our clients fees that are way below the fees of these players. The history evidently repeats itself, only this time traders should not have to wait twenty years before the fees are down to a reasonable level. CPH Crypto has decided to drive down the fees immediately.” 

Watch out for Hidden Fees 

To obtain a complete view of a particular broker’s or exchange’s trading fees, you need to take both commissions and spread into consideration. Traders tend to forget the impact of the spread on the total costs, even though the spread is often where the most significant part of the total fees is hidden, especially when trading on so-called commission-free brokers or exchanges.  

Typically these brokers/exchanges tend to compensate for the lack of fee on commission by heavily increasing the spread – the difference between the bid price and the sales price – which enables them to earn their margin on the spread instead. On top of this, traders should not forget that high fees on money management – like deposits and withdrawal – is also added to the total costs.  

Extreme Price Differences up to 1,249% 

In order to prove the extreme differences in fees between CPH Crypto and four globally dominant trading platforms, CPH Crypto has conducted a line of price comparison based on concrete examples. Four major platforms are Binance, Kraken, Coinbase Pro and eToro, and the examples are based on one month of crypto trading volume of respectively 1,000 USD, 10,000 USD, 200,000 USD and 500,000 USD. In summary the results of the comparisons are:  

By 1,000 USD Per Month  

• Cheapest platform: CPH Crypto with fees in total: 0.6 USD 
• Most expensive platform: Coinbase Pro with fees in total: 5.0 USD 
• Difference 4.4 USD / 733% 

By 10,000 USD Per Month 

• Cheapest platform: CPH Crypto with fees in total: 6 USD 
• Most expensive platform: eToro with fees in total: 37.5 USD 
• Difference: 31.5 USD / 525% 

By 200,000 USD Per Month

• Cheapest platform: CPH Crypto with fees in total: 79 USD 
• Most expensive platform: eToro with fees in total: 750 USD 
• Difference: 671 USD / 849% 

By 500,000 USD Per Month

• Cheapest platform: CPH Crypto with fees in total: 139 USD 
• Most expensive platform: eToro with fees in total: 1,875 USD 
• Difference 1,736 USD / 1,249% 

(Numbers collected in Q2, 2020. Please see this page for more information)

“All-in-one” Fixed Fee. Unlimited Trading for 39 USD/Month 

According to CPH Crypto’s philosophy, traders should only have to focus on their strategy and not on the costs when they trade. That is why CPH Crypto goes against the trend of high trading fees on the crypto market and offers a deep-discount fixed “all-in-one” fee of only 39 USD/month for unlimited trading or a commission of only 0.04 pct. per transaction for single trading.   

To learn more, visit the CPH Crypto website: https://cphcrypto.com/

Media Contact Details

Contact Name: Jan Andersen

Contact Number: +45 4060 3239

Contact Email: jan@cphcrypto.com

CPH Crypto is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. 

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BitFuFu will launch the world’s first HashRate-standardized mining platform on 15th of December 2020, representing a huge evolution in the industry.  

15th December 2020, New York, NY – BitFuFu, the first HashRate-standardized mining platform in the world will provide users with HashRate-standardized cloud mining product services, and enable users to buy BTC with one-click ordering. 

Through Chaos Comes Order

Today the cloud mining industry is piled up with service providers, and a huge variety of platforms. Pricing of HashRate contracts varies from platform to platform, and users are plagued by multiple variables. 

Although somewhat developed over the last several years, the industry is still unable to provide direct service for the user’s core demand – “mining out”. The industry is in urgent need of standardization of mining output, transparent measurement, but the current “standardization” only lies in the “draft”, or “slogan”

Standardization – A Must for Commodity Trading 

For users, commodity standardization avoids cluttered conditions and multiple variable factors and only requires attention to commodity price changes. Commodity standardization enhances the transparency of commodity prices, creates industry standards, reduces information asymmetry between trading parties, and increases industry openness. Similarly, the standardization of HashRate as an abstract digital commodity after the creation of Bitcoin is the way to go for better circulation in the future.  

Standardization of HashRate: A Mining Industry Breakthrough

Right now the core inspection index of mining machine output, (energy consumption, or J/T) is the only indicator of product standardization. However the energy efficiency ratio (J/T) of each brand and model of mining machine currently on the market all vary. 

BitFuFu is the first concept of standardization of mining HashRate, with multiple models of mining series equipment proportioned into a unified standard power consumption (energy efficiency ratio) BitFuFu’s different models are made with similar energy efficiency ratios through its efficient HashRate allocation center, to become standardized products with 30, 40 and 50 power consumption series of HashRate. 

This allows users to focus solely on the energy efficiency ratio of each series to trade, rather than multiple factors. BitFuFu standardized products of HashRate will represent an effective breakthrough for the mining industry. 

Users will be able to intuitively make calculations and selections for mining output. This will bring more efficient trading and liquidity of HashRate products will promote the healthy development of the industry, and all involved in it. 

Cloud Mining Capabilities

The BitFuFu platform also has all the generic advantages of a cloud computing platform, including:

• Transparency of mining output. 
• The experience of the industry’s most top mining pools output directly to the user’s wallet, with real mining.

• Flexibility of HashRate selection 

• A choice of packages with a minimum of 10T of the strongest computing power in different series
• Ultra-low thresholds; Security of purchase and lease 
• Use of equipment from leading mining machine manufacturers

BitFuFu Launch With 50BTC Discount Package

The platform will be launched to promote the 30/40/50 series mining products, covering star mining machines such as S19pro, S19 and M30S in the market. Preferential activities include: 

• Free mining, start with one click  
• All registered users can receive a free “$ yuan for 10T” product, and experience the BitFuFu platform’s standardized product with real mining power with just $2. 
• 50% discount on the 50 series 20T*3 days package. 

Additionally the most significant discount on the “30 series” products include Ant Mining Machine S19Pro model, S19 model and other mining machine models will be made on the day of platform launch, so stay tuned.

Join The Community to Enjoy Greater Discounts 

Interested parties can join the official BitFuFu global community now to take advantage of a special offer on 40 series HashRate products. Everyone can be a miner, and make money by inviting others to BitFuFu for rewards. The maximum reward for inviting friends is 5% and there is no upper limit for a single reward. 

Learn more about BitFuFu – http://www.bitfufu.com

Follow BitFuFu on Twitter  – https://twitter.com/BitFuFu1

Media Contact Details

Contact Name: Doris Yu

Contact Email: contact@BitFuFu.com

BitFuFu is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

The post The World’s First HashRate-standardized Mining Platform BitFuFu Launches on December 15th, 2020 appeared first on NullTX.

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Bitcoin Press Release: Elrond Network has set the global launch date for the digital wallet and global payments app Maiar to be on 31 January 2021.

4th December 2020, St Julian’s, Malta – Maiar, the digital wallet app for iOS and Android devices, provides financial services such as payments, investments, and passive earning. The application does not require any subscription or paperwork, does not collect any personal information, and uses Elrond’s high throughput and inexpensive blockchain technology to provide near-instant transfers all over the world.

Maiar stands out from other blockchain-based wallets, which require writing down complex 24 words passwords, and other un-intuitive sign-up procedures, that are unappealing for non-technical users and dissuade newcomers.

By contrast, Maiar creates a unique and secure account on the Elrond blockchain using a cryptographic hash of the user’s phone number, without the phone number leaving the device. At the end of a few seconds, the user has a usable blockchain wallet for sending and receiving money using their phone address book.

Through gamification and progressive security, the user is further encouraged to strengthen security, add a pin, biometric authentication, and encrypted backups. Maiar will also implement social recovery, allowing users to restore their wallets on a new device using their trusted contacts.

Maiar thus becomes the decentralized version of popular apps such as PayPal, Venmo, Revolut, and Google Pay, offering the same features but without collecting any personal information, and charging negligible fixed fees instead of a percentage of the transacted value.

The first killer app running on Elrond is the spearhead of the network’s accelerated expansion. Touting the first fully sharded blockchain architecture that can operate at internet scale, Elrond thus positions itself for accelerated user acquisition at the height of what is expected to be the most impressive bull market since 2017.

To find out more, visit the Elrond website at www.elrond.com

Join Elrond on Telegram: https://t.me/ElrondNetwork

Keep up with Elrond on Twitter: https://twitter.com/elrondnetwork

Media Contact Details

Contact Name: Lucian Todea 

Contact Email: lucian.todea@elrond.com

Elrond is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today.

The post Elrond Announces Wallet and Global Payments App Launch on 31st January 2021 appeared first on NullTX.

Source: null tx

3rd December 2020, Limassol, Cyprus – Gambling has been on the rise over the years, with many more people participating every day. While it started with physical casinos, it has evolved into online cryptocurrency casinos. These online casinos are becoming more popular than their physical counterparts, for a number of reasons. The following are five of the reasons why this trend is growing rapidly.

Privacy 

To enter land-based casinos is to make personal data vulnerable: you have to share sensitive information such as your name, age, ID documents, banking information, and sometimes even your passport depending on where you are playing.

But you won’t need it all to play in crypto casinos because cryptocurrencies are based on decentralized public blockchains that make transactions fully anonymous.

While this started with Bitcoin, there are now many other cryptocurrencies that are created with privacy in mind. These are known as privacy coins, and some of them are now used for gambling, further safeguarding the privacy of users of these platforms. This is likely to attract more people as time goes on.

Lots of Bonuses Available on Crypto Casinos

Bonuses are part of casinos, including physical ones. However, crypto casinos give more bonuses to its users by far. There are millions of people across the world who are curious about the cryptocurrency industry, but they are afraid to use their money to buy crypto. By gambling online, they stand a good chance of winning some significant cryptocurrency bonuses that could help them build their crypto portfolios fast. 

No Restrictions on Participation

Physical locations are a major hindrance when it comes to gambling. This is why it is worth mentioning that crypto casinos allow anyone and everyone from any part of the world to participate without any geographical restrictions. There are even online casinos that restrict players from certain parts of the world from using their platforms, but this is not the case with crypto casinos. This, of course, gives this category of casinos an edge over the others and is one of the reasons that they are getting rapidly popular.

Crypto Casinos Are Safe and Secure 

The government all over the world is always trying to participate in the activities of citizens. This is the case with brick and mortar casinos and some of the regulated online casinos. With cryptocurrency casinos, however, users are completely safe due to the fact that they are fully anonymous. This makes it impossible to track their activities, and so they can safely carry out their transactions without any form of interference from the government or regulators.

Security is also a major issue for gamblers when they carry physical cash or other rewards. With crypto casinos, rewards are withdrawn directly to users’ personal wallets with no middleman whatsoever. This makes it impossible for anyone to attack you or steal from you, as is the case with physical casinos. It also keeps you safe, as your payment details, such as credit card number, cannot be traced back to you.

Everyone Wants a Piece of Crypto

Cryptocurrencies have come a long way from highly controversial assets to much sort after digital currency. Corporate mainstream organizations have recently been trooping to Bitcoin as an investment. It is for this same reason that Bitcoin casinos are becoming more popular. Many people now consider cryptocurrencies as superior to fiat currencies, such as the U.S Dollar, and they want a piece of it. Therefore, many gamblers are rushing to these crypto casinos in order to win rewards in cryptocurrencies, and this trend is not likely to slow down soon.

There has never been a better time for crypto casinos to shine, and leading crypto casino 1xBit is one of the best examples. All the advantages of crypto casinos enumerated above can be enjoyed on this platform and more. New users can get up to 7 BTC sign up bonus for the first 4 deposits, and there are more than 25 cryptocurrencies available to choose from.

The platform is completely anonymous, as the simple registration process does not require any personal details. Players can also easily withdraw their rewards to their personal wallets without paying any fees. 

Conclusion 

If you have been contemplating on whether or not to use crypto casinos, it may be the best decision you ever made at this time to do so. If you sign up on 1xBit, you will enjoy the many benefits of using cryptocurrency casinos instead of regular online casinos or physical ones.

For more information about 1xBit, please visit – https://1xbit.com/

Check out the official 1xBit blog for the latest articles – https://1xbit.com/blog/

Media Contact Details

Contact name: Anastasia Semenova

Email: marketing@1x-bit.com

1xBit is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

The post 5 Reasons Why Crypto Casinos are Becoming More Popular appeared first on NullTX.

Source: null tx