XE: XBT / GBP Currency Chart. Bitcoin to British Pound Rates

When you google 'bitcoin price,' Google now displays the price and a graph, the same way it does for searches on currency exchange rates (e.g., the result page for: 1 usd in gbp)

When you google 'bitcoin price,' Google now displays the price and a graph, the same way it does for searches on currency exchange rates (e.g., the result page for: 1 usd in gbp) submitted by tellman1257 to Bitcoin [link] [comments]

GBP exchange rate /r/Bitcoin

GBP exchange rate /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Can Bitcoin effectively be used for GBP/USD exchange, and is it possible to make such exchange at effective rates better than Google's?

Problem: I have GBP sat in a European bank account and I want them to end up as USD in my American bank account at a rate no worse than Google's reported exchange rate. I have a USD bank account with the same bank.
Conventional solutions basically include bank transfers or PayPal. There is a good physical exchange where I am such that I would end up with approximately the amount of USD that I would get from Google's predictions; however, my bank then charges a fee to have the money transferred. My goal is to avoid international wire charges by using Bitcoin.
Confusion arises when I try to look at http://bitcoincharts.com/ and at https://en.bitcoin.it/wiki/Exchanges to get an idea of how best to execute this sort of transaction. Assuming I know how to use a wallet and how to buy and sell Bitcoins, can anyone tell me:
  1. whether or not my idea is viable;
  2. whether or not it is reasonable to expect I can just "pick" the exchanges that generate the best restuls; and
  3. how long the process would take, assuming I have no exchange accounts set up yet.
Can anyone offer any advice in general on performing GBP-to-USD transactions? Does anyone think it would be easier to change my GBP into USD (here, at the "nice" exchange listed above), buy Bitcoins with USD from here, then sell the Bitcoins (presumably with a different exchange) for payout into my American bank account?
Is this even worth it considering the transfer fee is only $30, or ~1.5% of my intended transfer?
submitted by gaysynthetase to BitcoinBeginners [link] [comments]

Putting $400M of Bitcoin on your company balance sheet

Also posted on my blog as usual. Read it there if you can, there are footnotes and inlined plots.
A couple of months ago, MicroStrategy (MSTR) had a spare $400M of cash which it decided to shift to Bitcoin (BTC).
Today we'll discuss in excrutiating detail why this is not a good idea.
When a company has a pile of spare money it doesn't know what to do with, it'll normally do buybacks or start paying dividends. That gives the money back to the shareholders, and from an economic perspective the money can get better invested in other more promising companies. If you have a huge pile of of cash, you probably should be doing other things than leave it in a bank account to gather dust.
However, this statement from MicroStrategy CEO Michael Saylor exists to make it clear he's buying into BTC for all the wrong reasons:
“This is not a speculation, nor is it a hedge. This was a deliberate corporate strategy to adopt a bitcoin standard.”
Let's unpack it and jump into the economics Bitcoin:

Is Bitcoin money?

No.
Or rather BTC doesn't act as money and there's no serious future path for BTC to become a form of money. Let's go back to basics. There are 3 main economic problems money solves:
1. Medium of Exchange. Before money we had to barter, which led to the double coincidence of wants problem. When everyone accepts the same money you can buy something from someone even if they don't like the stuff you own.
As a medium of exchange, BTC is not good. There are significant transaction fees and transaction waiting times built-in to BTC and these worsen the more popular BTC get.
You can test BTC's usefulness as a medium of exchange for yourself right now: try to order a pizza or to buy a random item with BTC. How many additional hurdles do you have to go through? How many fewer options do you have than if you used a regular currency? How much overhead (time, fees) is there?
2. Unit of Account. A unit of account is what you compare the value of objects against. We denominate BTC in terms of how many USD they're worth, so BTC is a unit of account presently. We can say it's because of lack of adoption, but really it's also because the market value of BTC is so volatile.
If I buy a $1000 table today or in 2017, it's roughly a $1000 table. We can't say that a 0.4BTC table was a 0.4BTC table in 2017. We'll expand on this in the next point:
3. Store of Value. When you create economic value, you don't want to be forced to use up the value you created right away.
For instance, if I fix your washing machine and you pay me in avocados, I'd be annoyed. I'd have to consume my payment before it becomes brown, squishy and disgusting. Avocado fruit is not good money because avocadoes loses value very fast.
On the other hand, well-run currencies like the USD, GBP, CAD, EUR, etc. all lose their value at a low and most importantly fairly predictible rate. Let's look at the chart of the USD against BTC
While the dollar loses value at a predictible rate, BTC is all over the place, which is bad.
One important use money is to write loan contracts. Loans are great. They let people spend now against their future potential earnings, so they can buy houses or start businesses without first saving up for a decade. Loans are good for the economy.
If you want to sign something that says "I owe you this much for that much time" then you need to be able to roughly predict the value of the debt in at the point in time where it's due.
Otherwise you'll have a hard time pricing the risk of the loan effectively. This means that you need to charge higher interests. The risk of making a loan in BTC needs to be priced into the interest of a BTC-denominated loan, which means much higher interest rates. High interests on loans are bad, because buying houses and starting businesses are good things.

BTC has a fixed supply, so these problems are built in

Some people think that going back to a standard where our money was denominated by a stock of gold (the Gold Standard) would solve economic problems. This is nonsense.
Having control over supply of your currency is a good thing, as long as it's well run.
See here
Remember that what is desirable is low variance in the value, not the value itself. When there are wild fluctuations in value, it's hard for money to do its job well.
Since the 1970s, the USD has been a fiat money with no intrinsic value. This means we control the supply of money.
Let's look at a classic poorly drawn econ101 graph
The market price for USD is where supply meets demand. The problem with a currency based on an item whose supply is fixed is that the price will necessarily fluctuate in response to changes in demand.
Imagine, if you will, that a pandemic strikes and that the demand for currency takes a sharp drop. The US imports less, people don't buy anything anymore, etc. If you can't print money, you get deflation, which is worsens everything. On the other hand, if you can make the money printers go brrrr you can stabilize the price
Having your currency be based on a fixed supply isn't just bad because in/deflation is hard to control.
It's also a national security risk...
The story of the guy who crashed gold prices in North Africa
In the 1200s, Mansa Munsa, the emperor of the Mali, was rich and a devout Muslim and wanted everyone to know it. So he embarked on a pilgrimage to make it rain all the way to Mecca.
He in fact made it rain so hard he increased the overall supply of gold and unintentionally crashed gold prices in Cairo by 20%, wreaking an economic havoc in North Africa that lasted a decade.
This story is fun, the larger point that having your inflation be at the mercy of foreign nations is an undesirable attribute in any currency. The US likes to call some countries currency manipulators, but this problem would be serious under a gold standard.

Currencies are based on trust

Since the USD is based on nothing except the US government's word, how can we trust USD not to be mismanaged?
The answer is that you can probably trust the fed until political stooges get put in place. Currently, the US's central bank managing the USD, the Federal Reserve (the Fed for friends & family), has administrative authority. The fed can say "no" to dumb requests from the president.
People who have no idea what the fed does like to chant "audit the fed", but the fed is already one of the best audited US federal entities. The transcripts of all their meetings are out in the open. As is their balance sheet, what they plan to do and why. If the US should audit anything it's the Department of Defense which operates without any accounting at all.
It's easy to see when a central bank will go rogue: it's when political yes-men are elected to the board.
For example, before printing themselves into hyperinflation, the Venezuelan president appointed a sociologist who publicly stated “Inflation does not exist in real life” and instead is a made up capitalist lie. Note what happened mere months after his gaining control over the Venezuelan currency
This is a key policy. One paper I really like, Sargent (1984) "The end of 4 big inflations" states:
The essential measures that ended hyperinflation in each of Germany,Austria, Hungary, and Poland were, first, the creation of an independentcentral bank that was legally committed to refuse the government'sdemand or additional unsecured credit and, second, a simultaneousalteration in the fiscal policy regime.
In english: *hyperinflation stops when the central bank can say "no" to the government."
The US Fed, like other well good central banks, is run by a bunch of nerds. When it prints money, even as aggressively as it has it does so for good reasons. You can see why they started printing on March 15th as the COVID lockdowns started:
The Federal Reserve is prepared to use its full range of tools to support the flow of credit to households and businesses and thereby promote its maximum employment and price stability goals.
In english: We're going to keep printing and lowering rates until jobs are back and inflation is under control. If we print until the sun is blotted out, we'll print in the shade.

BTC is not gold

Gold is a good asset for doomsday-preppers. If society crashes, gold will still have value.
How do we know that?
Gold has held value throughout multiple historic catastrophes over thousands of years. It had value before and after the Bronze Age Collapse, the Fall of the Western Roman Empire and Gengis Khan being Gengis Khan.
Even if you erased humanity and started over, the new humans would still find gold to be economically valuable. When Europeans d̶i̶s̶c̶o̶v̶e̶r̶e̶d̶ c̶o̶n̶q̶u̶e̶r̶e̶d̶ g̶e̶n̶o̶c̶i̶d̶e̶d̶ went to America, they found gold to be an important item over there too. This is about equivalent to finding humans on Alpha-Centauri and learning that they think gold is a good store of value as well.
Some people are puzzled at this: we don't even use gold for much! But it has great properties:
First, gold is hard to fake and impossible to manufacture. This makes it good to ascertain payment.
Second, gold doesnt react to oxygen, so it doesn't rust or tarnish. So it keeps value over time unlike most other materials.
Last, gold is pretty. This might sound frivolous, and you may not like it, but jewelry has actual value to humans.
It's no coincidence if you look at a list of the wealthiest families, a large number of them trade in luxury goods.
To paraphrase Veblen humans have a profound desire to signal social status, for the same reason peacocks have unwieldy tails. Gold is a great way to achieve that.
On the other hand, BTC lacks all these attributes. Its value is largely based on common perception of value. There are a few fundamental drivers of demand:
Apart from these, it's hard to argue that BTC will retain value throughout some sort of economic catastrophe.

BTC is really risky

One last statement from Michael Saylor I take offense to is this:
“We feel pretty confident that Bitcoin is less risky than holding cash, less risky than holding gold,” MicroStrategy CEO said in an interview
"BTC is less risky than holding cash or gold long term" is nonsense. We saw before that BTC is more volatile on face value, and that as long as the Fed isn't run by spider monkeys stacked in a trench coat, the inflation is likely to be within reasonable bounds.
But on top of this, BTC has Abrupt downside risks that normal currencies don't. Let's imagine a few:

Blockchain solutions are fundamentally inefficient

Blockchain was a genius idea. I still marvel at the initial white paper which is a great mix of economics and computer science.
That said, blockchain solutions make large tradeoffs in design because they assume almost no trust between parties. This leads to intentionally wasteful designs on a massive scale.
The main problem is that all transactions have to be validated by expensive computational operations and double checked by multiple parties. This means waste:
Many design problems can be mitigated by various improvements over BTC, but it remains that a simple database always works better than a blockchain if you can trust the parties to the transaction.
submitted by VodkaHaze to badeconomics [link] [comments]

WorldRemit get a free £20 for sending £100 to yourself

WorldRemit is an established money transfer service. They are currently offering new UK users a free £20 for sending £100.
You can get the free £20 by transferring the money to yourself, as long as the bank account you are transferring the money to is in a different currency from the bank account you are transferring the money from.
For example you can transfer money from your £GBP account to your €EUR account.
Therefore, this is a great offer for UK users with accounts such as TransferWise or Bitwala as both these accounts have European IBAN accounts that you can send the money to (TransferWise has a Belgium IBAN and Bitwala has a German IBAN).
The free £20 is sent 7-10 days after you have made your first transfer. An email with details of how to claim the free £20 is sent to the email address you registered your account to. You can then send the £20 to your TransferWise or Bitwala account.
Steps:
  1. Sign up to WorldRemit using my referral code.
Referral link: https://www.worldremit.com/en/referkz413rd5sbc7
Unique referral code: REFERKZ413RD5SBC7
£20 Bonus
Non-referral link: https://www.worldremit.com/ No bonus

  1. Complete account verification

  1. From the home page select the country you want to send money to (Belgium for TransferWise, Germany for Bitwala) and then press 'get started'

  1. The next page shows the exchange rate and fees. Click 'continue' (don't worry you will not have to pay any fees)!

  1. Enter 100 GBP as the amount you send. Click 'Continue'

  1. To remove the £2.99 fee click 'Got a promo code?' and enter: 3FREE

  1. Click Add a new recipient. Enter your EUR bank account details for TransferWise or Bitwala. Enter your own postal address, email and mobile number. For mobile number you can just enter your own number. Add the reason for sending as 'Sending funds to self'. Click continue.

  1. Fund your transfer by sending £100 from your UK bank account to WorldRemit.

  1. Done you will get your transferred funds in the next 1/2 day. You will get your free £20 in 7/10 days.


Important Prep Step

If you do not have a bank with a European Bank account but would like to take advantage of this offer you can register for a free account with TransferWise or Bitwala. Both these accounts also have refer a friend deals.

Bitwala - 15€ immediate signup bonus no deposit required
Referral link
Get 15€ for free when signing up for an account and creating a Bitcoin wallet. No deposit required

Non-referral link

No bonus

TransferWise - No fees on first transfer and potential for a free £75 when you have sent £200
Referral link: https://transferwise.com/invitekevinp1079
Discount on first transfer and potential for a free £75 when you have made payments of at least £200

Non-referral link:
https://transferwise.com/help/articles/2487043/how-does-the-invite-program-work
No bonus


------
Let me know if you have any questions about this offer. Happy to help.
submitted by TidyCompetition to beermoneyuk [link] [comments]

How To Use The Bitcoin Calculator App

How To Use The Bitcoin Calculator App

https://preview.redd.it/d23or4ml5nu51.png?width=800&format=png&auto=webp&s=e27f4858fc4f06d17875023c5a3f87717104bcae
Visit us at https://bitcoincalculator.org
Use this bitcoin calculator to find out exactly how much your bitcoin is worth in any of the supported global currencies, using accurate, up-to-date exchange rates.
Get real-time and historical trends in the BTC value for your selected currency and easily perform any of the following currency conversions:

- BTC to USD
- BTC to AUD
- BTC to BRL
- BTC to CAD
- BTC to CHF
- BTC to CLP
- BTC to CNY
- BTC to DKK
- BTC to EUR
- BTC to GBP
- BTC to HKD
- BTC to INR
- BTC to ISK
- BTC to JPY
- BTC to KRW
- BTC to NZD
- BTC to PLN
- BTC to RUB
- BTC to SEK
- BTC to THB
- BTC to TRY
- BTC to TWD

Sign up to any of our recommended bitcoin exchanges to start buying and selling BTC today.
Features:
- Backed by real-time price data and interactive charts
- Total circulating BTC
- Market capitalization
- Daily trade volume
- Easy access to your favorite exchanges
submitted by seoexpertdipum0 to u/seoexpertdipum0 [link] [comments]

Decentr ($DEC) - foundational cross-chain and cross-platform DeFi protocol

  1. SUMMARY
Decentr is a protocol designed to make blockchain/DLT mainstream by allowing DeFi applications built on various blockchains to “talk to each other”. Decentr is a 100% secure and decentralised Web 3.0 protocol where users can apply PDV (personal data value) to increase APR on $DEC that users loan out as part of of our DeFi dLoan features, as well as it being applied at PoS when paying for stuff online. Decentr is also building a BAT competitor browser and Chrome/Firefox extension that acts as a gateway to 100% decentralised Web 3.0
Allows DeFi Dapps to access all Decentr’s dFintech features, including dLoan, dPay. Key innovation is that the protocols is based on a user’s ability to leverage the value of their data as exchangeable “currency”.
  1. KEY CONCEPTS

  1. REVENUE MODEL
A fee is charged for every transaction using dPay whereby an exchange takes place between money (fiat and digital) and data, and vice versa, either as part of DeFi features or via a dApp built on Decentr. They are launching pilot programmes in the following industries:
  1. Banking/PSP Industry: On Product launch, due to Decentr’s powerful PSP connections (including the worlds #2 PSP by volume), a medium-scale pilot program will be launched, which will seed the network with 150,000 PSP customers in primarily the Spanish/LAC markets, generating revenue from day one.
  2. “Bricks and Mortar” Supermarket/Grocery Industry: Decentr aims to ensure the long-term competitiveness of “bricks and mortar” supermarkets against online-only grocery retailers, such as Amazon, by a) building secure tech that allows supermarkets to digitise every aspect of their supply chains and operational functions, while b) allowing supermarkets to leverage this incredibly valuable data as a liquid asset class. Expected revenue by Year 5: $114Mn per year.
  3. Online Advertising Industry: Decentr’s 100% decentralised platform credits users secure data with payable value, in the form of PDV, for engaging with ads. The Brave browser was launched in 2012 and in 8 years has reached over 12 million monthly active users, accented by as many as 4.3 million daily active users.
  4. TOKEN $DEC AND SALE
Decentr recently complete their token sale on a purchase portal powered by Dolomite where they raised $974,000 in 10 minutes for a total sale hardcap of 1.25M. The $DEC token is actively trading on multiple exchanges including Uniswap and IDEX. Listed for free on IDEX, Hotbit, Hoo, Coinw, Tidex, BKex. Listed on CoinGecko and Coinmarketcap. Listed on Delta and Blockfolio apps.
➡️ Circulating supply: 61m $DEC.
➡️ Release schedule and token distribution LINK -> NO RELEASE UNTIL 2021.
➡️Contract Address - 0x30f271C9E86D2B7d00a6376Cd96A1cFBD5F0b9b3
➡️Decimals - 18, Ticker - DEC
➡️Uniswap link: https://uniswap.info/pai0x3AEEE5bA053eF8406420DbC5801fC95eC57b0E0A
⭐️ HOW TO BUY VIDEO: https://www.youtube.com/watch?v=iloAiv2oCRc&feature=youtu.be
$DEC Token utility:
A tradeable unit of value that is both internal and external to the Decentr platform.A unit of conversion between fiat entering and exiting the Decentr ecosystem.A way to capture the value of user data and combines the activity of every participant of the platform performing payment (dPay), or lending and borrowing (dLend), i.e a way to peg PDV to tangible/actionable value.Method of payment in the Decentr ecosystem.A method to internally underwrite the “Deconomy.
  1. NOTABLE SUPPORTERS
Simon Dedic - chief of Blockfyre: https://twitter.com/scoinaldo/status/1283787644221218817?s=20https://twitter.com/scoinaldo/status/1283719917657894912?s=21
Spectre Group Pick : https://twitter.com/SPECTREGRP/status/1284761576873041920https://twitter.com/llluckyl/status/1283765481716015111?s=21
Patrons of the Moon/Lil Uzi: https://t.me/patronsofthemoon/6764
CryptoGems: https://twitter.com/cryptogems_com/status/1283719318379925506?s=09t
tehMoonwalker pick who is a TOP 5 influencer per Binance:https://twitter.com/tehMoonwalkestatus/1284123961996050432?s=20https://twitter.com/binance/status/1279049822113198080
Holochain was one of their earliest supporters and they share a deep connection (recently an AMA was conducted in their TG group): https://medium.com/@DecentrNet/decentr-holochain-ama-29d662caed03
  1. UPCOMING NEWS
--------------------------------------------
  1. RESOURCES:
Website: https://decentr.net
Telegram: https://t.me/DecentrNet
Medium: https://medium.com/@DecentrNet
Twitter: https://twitter.com/DecentrNet
Whitepaper: https://decentr.net/files/Decentr_Whitepaper_V1.4.pdf
Technical Whitepaper: https://decentr.net/files/Decentr_Technical_Whitepaper_Data_As_Economic_Currency.pdf
Recent Articles:
⚡️- https://medium.com/@DecentrNet/decentr-token-sale-metrics-and-distribution-483bb3c58d05
⚡️- https://medium.com/@DecentrNet/how-decentrs-defi-dloan-function-benefits-dec-holders-97ff64a0c105
⚡️- https://medium.com/@DecentrNet/3-vertical-revenue-streams-decentr-is-targeting-4fa1f3dd62de
⚡️- https://medium.com/@DecentrNet/brave-browser-the-good-the-bad-and-the-fundamentally-misguided-8a8593b0ff5b
⚡️- https://medium.com/@DecentrNet/how-decentrs-dfintech-replaces-swift-sct-inst-clearing-house-and-other-payment-solutions-78acacbb4c3f
Chad Gang STRONG Community: https://t.me/decentrtrading
Community News Channel: https://t.me/chadnews
Recent Uniswap trades: https://t.me/dectrades
Wallet holder tracker: https://t.me/DEC_WALLETS_COUNT
submitted by ldd999 to CryptoMoonShots [link] [comments]

Tax laws for receiving Bitcoin

I want to send money to my UK bank account from an Australian bank account. I did the maths and it seems, with the fiat exchanges taking thier fees and using lower-than-spot exchange rates, I'd be a lot better off transferring it via Bitcoin (even given transaction/purchasing costs) than using a fiat currency exchange. I have on/off ramps set up in both countries. Are there any UK laws that prohibit receiving money into the country like this? I plan to convert the btc directly into GBP as soon as it arrives.
submitted by supperfield to BitcoinUK [link] [comments]

Transferring money from Canada to UK

I'm looking to transfer about $200k from the sale of property in Canada to the UK. I know the rates at the bank will be terrible so I have been looking into TransferWise.
I'm still living in Canada so I'm not sure if I can open a TransferWise account from there. I already have a UK bank account and have done a bank transfer in the past for much smaller sums but the rates really add up on this amount of cash.
I have read through previous posts where people have suggested using a broker but I'm not sure what this is.
Any advise would be great.
submitted by ThrowAway890723 to UKPersonalFinance [link] [comments]

Best legitimate crypto exchanges for UK? (Besides coinbase)

It's important to me that the company I buy from follows the KYC rules and anti money laundering regulations. I want to use a legitimate and legal company so I don't get into trouble with my bank or HMRC if I ever have to declare anything. Can anyone suggest any good exchanges?
I have heard of Bitvavo while looking around but it's difficult to see how trust worthy this is?
Thanks!
submitted by CarlyS456x to BitcoinUK [link] [comments]

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

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

Using Western Union To Trade BTC

Our website is in all cases simple, fast, and safe transactions for US dollars. Sell ​​now! Basic, fast, and special. There is no recruitment. The highest rate is insured. Moment and confidence in strong security. We operate credit or other forms of cash and in addition, we offer how to cash out bitcoin anonymously get BTC money online. Get money from these split Bitcoins. Use the exchange stages to convert BTC into money. Convert bitcoins into money using cash converters. Use the direct electronic payment framework. We learn about some simple ways to convert BTC into USD, INR, EUR, or GBP, you can use BTC to add machine changes to Bitcoin in any global currency using the Bitcoin price index including USD, GBP, EUR, CNY, Japanese Yen. If you really need to change bitcoin to dollars, store it on a computer with your bitcoins at a rate of 1 to 5,000 USD and other proposals to convert 1 Bitcoin into $ 5,200. Currency conversion gets high rates. We offer high prices for digital money without any hassle, and with the best possible prices in the market, in this article, I will describe how to sell bitcoins for USD or convert BTC to USD. Convert Bitcoin into cash. Make sure you check out Living at bitcoincashout.com. Bitcoin Cashout is the leader in the mining scene equipped with ASIC rigs. Simply start measuring, enter your Bitcoin address, and start mining. Free cloud mining program. Moment Free online device to convert BTC to USD or vice versa. The conversion table of BTC Bitcoin to USD [US dollar] and the exchange steps are also very simple and you can buy BTC in US dollars, with a credit card, and how to transfer bitcoins between wallets , but there is no deal for 100 Bitcoins constantly, convert it into USD. It will end up being an exchange of monetary benchmarks, like the US dollar, which will not once again be important for Bitcoin to replace paper monetary standards in the long run. If you are looking for the latest cost of BTC in USD, the trading segment will reflect the market conditions in a split second.
submitted by popjhons to u/popjhons [link] [comments]

With Bitcoin Suddenly Surging, Canaan Stock Is Also Going Up Today

With Bitcoin Suddenly Surging, Canaan Stock Is Also Going Up Today



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We require users to verify your phone range and email, since this is often what you'll use for multi-factor authentication. Yet, our partner brokers verify the identity of all users per regulators’ understand your customer (KYC) requirements.

a pair of) eposit: You wish to deposit a minimum of $250 US to trade with the Bitcoin Trader software. We tend to depend on our partner brokers to facilitate transactions, and all of our partners are absolutely regulated by government authorities. With regulated brokers, you'll rest simple knowing that your funds are safe.
You'll fund your account through wire transfer, MoneyGram, Western Union, FasaPay, Visa, MasterCard, Neteller, WebMoney, and Skrill.


three) Trading Education and Demo: We have a tendency to are an auto-trading robot, however we have a tendency to do enable our users some level of management, especially when it comes to risk management. Consequently, our Bitcoin Trader official website encourages you to travel through our trading education section to familiarize yourself with the chance management process.
Our highly intuitive demo platform ought to additionally facilitate your observe trading with the robot before you begin trading during a live account Bitcoin Freedom

The platform needs that you just define the trading conditions for the robot and activate the live trading session button. We have a tendency to encourage you to depart the robot running throughout the day within the background. You'll be able to let it run unmonitored for up to eight hour
We tend to have recently been nominated as the most profitable robot for BTC trading in 20twenty. Moreover, we are one of the trading robots that has been extensively covered by mainstream media. Bitcoin Trader has thousands of reviews on client feedback platforms
Bitcoin Trader was one amongst the primary robots to use high-frequency trading techniques to BTC trading. The robot was founded in 2015, nearly two years before the crypto boom in 2017.
Bitcoin Trader uses AI and ML to create sense of big knowledge, which allows it to trade with high accuracy.
Our trading platform became an on-line sensation in mid-2017, and it has maintained its popularity since then. Bitcoin Trader is the simplest possibility for many beginner and experienced traders.
Bitcoin Trader allows you to earn a daily profit of up to $1,00zero by investing simply $250. That’s a potential return on investment of up to four hundredpercent.
Do celebrities recommend the Bitcoin trader software?

https://preview.redd.it/6i2yjm7sz9j51.jpg?width=1280&format=pjpg&auto=webp&s=b94d3dd01aaff2d7d4230f81176913586c729aef
We tend to are highly widespread and hence a prime target for celebrity gossip. There are viral rumours that we have a tendency to have been endorsed by Elon Musk, Richard Branson, and Jeff Bezos.

Elon Musk – The founder of SpaceX has invested in Bitcoin and expressed interest in artificial intelligence, however he has not invested employing a trading robot.
Richard Brandson – Branson is another celebrity alleged to own invested using Bitcoin Trader. While it's true that he loves Bitcoin and blockchain technology, he hasn’t endorsed any trading robot.
Jezz Bezos – Bezos is also a big fan of emerging technologies, however he hasn’t shown any interest in BTC trading through revolutionary robots like Bitcoin Trader.

You ought to never build an investment decision based mostly on whether or not a star has endorsed or invested in it. Bitcoin Trader has been tested and licensed by specialists.

The verdict about Bitcoin Trader
We tend to are a prime-rated crypto trading robot with nice reviews on sites like TrustPilot and ForexPeaceArmy. Moreover, we have been recognized as legit and profitable by authoritative bodies like the US Trading Association.

We have a tendency to are always striving to offer the most effective to our users by regularly improving our trading platform. Our team of experts analyzes feedback from users to work out what features will create a a lot of seamless trading experience. We tend to operate in complete transparency, having partnered with some of the world’s most reputable brokers.

Our platforms are encrypted to shield you from hackers. Furthermore, we tend to also adhere to information privacy measures, like the General Information Protection Regulation (GDPR). Try out Bitcoin Trader currently through the link at the high right corner of this page.
perior over different cryptocurrencies?
LATESTBITCOINETHEREUMALTCOINSTECHNOLOGYADOPTIONBLOCKCHAINEVENTSCONTACT
PRESS RELEASEWhy is Bitcoin superior over different cryptocurrencies?Akshay KSPublished a pair of weeks agoon August 12, 2020By Akshay KS
Source: Pixabay
During this technical world, bitcoin is the foremost used digital currency all over the world. However the main question then arises within the minds of the many folks is why bitcoin is considered the foremost superior over other cryptocurrenc Bitcoin Freedom
Bitcoin is that the one method of creating transactions daily as alternative currencies. But it's its options and uniqueness that make it superior. Bitcoin and different currencies are based mostly on the cryptographic algorithms or mathematics that are encrypted, with that the user becomes the owner of the currency. Bitcoin currencies are easily accessible at Bitcoin ATM and online exchange
The main feature of the bitcoin, which makes it superior is that it is the safest option for digital transactions. These will be used for on-line searching and transfer of money too.
There are many alternative blessings to using bitcoin. A number of them are mentioned below
Decentralized and digital
Bitcoin offers the freedom of exchanging the price without representatives that proves helpful in controlling the lower fees and high funds. Bitcoin is that the faster method of transaction than others. It is secure as it is free from theft and frauds and is constant. The main advantage is that bitcoin has its homeowners whereas the bank controls the money.
Makes online looking
Normally, bitcoin will be used for on-line shopping too. Bitcoin is the opposite face of e-wallet, that is created by blockchain technology that is used to store money and will easily pay everywhere digitally. For this reason, it also makes your searching easy by which you'll be able to look from your home solely

Bitcoin is accepted globally at each corner of the planet, which makes it less volatile than local currencies or cash. This feature makes it superior because it enables us to form transactions on-line and across the boundaries
Bitcoin unable the means of tracking cash

https://preview.redd.it/4vpws3gtz9j51.jpg?width=1280&format=pjpg&auto=webp&s=179af0fcc33f85322d48b6be65fce2e4442c6cd6
Bitcoin is created by blockchain technology. Blockchain is the sole technology which will either make it or break it. There are many computers which are used to keep up a permanent record of each bitcoin transactions with the help of cryptographic technique. In this approach, it becomes a lot of valuable together with the tracking of the payment. At the same time, there's no method of tracking the cash

While not any transformation method, it will be used over the entire world. It provides the simplest platform for the investment as it is free from the restrictions of governments or banks. It provides an open market and combines the simplest of gold and money.

Bitcoin provides the power to access the balance of the users with a password which is named a personal key. It additionally permits the exchange of values through the web without any middle person. Thus, bitcoin becomes safer, stuffed with privacy, and open to everyone
Unlike cash, it is not possible to form the duplicate quite bitcoin that makes it more efficient. It's protected with the technology of blockchain. Even if anyone tries to form a replica of bitcoin to use it, then the system will automatically reject it as the system recognize it as unknown

Bitcoin Freedom failed to allow two persons to transact on the one price. Once the bitcoin is transferred, its possession is also transferred. So this is the simple approach of maintaining records for any tax functions. It conjointly makes it a easy and healthier metho

Bitcoin is the foremost reliable manner of online transactions. Many questions arise in folks’s minds that are solved on websites like bitcoin revolution. One in all them was the above-mentioned question. Bitcoin provides many facilities, and it comes with more and a lot of blessings which makes it distinctive and special over different cryptocurrencies. It can be preferred as the simplest digital platform for transac


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Disclaimer: AMBCrypto US and UK Market's content is informational in nature and is not meant to be investment advice. Buying, trading or selling crypto-currencies ought to be considered a high-risk investment and every reader is advised to do their due diligence before making any decisions.
People, businesses, and developers: get the support you would like with our straightforward

Browse the FAQ'sn news, CoinDesk is a media outlet that strives for the very best journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Sign up with Bitcoin Trader nowadays to start out earning potentially thousands of greenbacks in profits daily from an initial investment of just $250. We tend to are a high-rated automated trading robot that's accessible and easy for all to use. By trading with Bitcoin Trader, you'll start generating a lot of investment income than ever beforeBitcoin Freedom

“After simply some months trading with Bitcoin Trader, I’ve made a lot of than $ten,00zero and finally understand what it’s like to measure the dream. I’m saving up my profits to quit my job and spend a year traveling.”

“I’ve been a member of Bitcoin Trader for only 47 days. But my life has already modified! Not solely have I created my 1st $1,000, however I’ve also met a number of the most incredible folks in the process. Thanks, Bitcoin Trader!”

“I used to speculate on my own, but now that I’ve used Bitcoin Trader I would never return to my recent broker. Bitcoin Trader takes manner less work and that i’ve already created thousands of greenbacks in profits in simply a few months.
“Two weeks ago, I got laid off. With no choices left, I thought my life was over. Now I’m making a lot of cash than I made at my job every and each day. Thanks, Bitcoin Trader!”

With the Bitcoin Trader software, you can probably build up to $one,500 daily from a deposit of $250. We tend to are powered by artificial intelligence technology to confirm that you just get a win rate of more than 98p.c under the right market conditions. The US Trading Association has nominated our Bitcoin Trader as the most profitable crypto trading robot on the market.
We have invested in the globe’s best trading technologies. These include the factitious intelligence subsets of natural language processing, deep learning, and machine learning. Bitcin Trader depends on these technologies to derive insights from huge data and market news.
The Bitcoin Trader app has won nearly fifteen coveted awards since launching in 2016. These include the most Profitable Robot 2020 award by the American Trading Association, the simplest Robot in Trading Technologies 2019 award, and the most Profitable Crypto Robot in 2018 Award. We have a tendency to price our customers and are contin
https://www.cryptoerapro.com/bitcoin-freedom/
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Benefits and Risks of Trading/Bitcoin trader

Benefits and Risks of Trading/Bitcoin trader

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

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

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

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




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

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

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

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

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

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


Risk of Leverage: Using leverage is risky for new traders who may not perceive the exposure. This risk is not unique to cryptocurrency forex trading and comes into play in traditional forex transactions still.
Asset Category Mixing: Cryptocurrency may be a different asset class altogether and has its own valuation mechanism. Trading forex with bitcoins primarily introduces a replacement intermediate currency which will impact profit and loss in unexpected ways. Any cash that's not locked down in an exceedingly trader’s base currency is a risk.
Although cryptocurrencies like bitcoin are gaining popularity, there are still several associated risks. In forex trading, dealing in a decentralized currency that provides global transactions with no fees is a bonus. But the tradeoff is actually adding a 3rd currency to what was a trading try
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https://www.cryptoerapro.com/the-bitcoin-trade
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Were you happy with the last evolution of money?

Money over the ages has always been something scarce, beads, shells, gold, whatever, even big currencies like the USD or GBP were just proxies for holding gold. And because different countries had different weights of gold their currencies, all exchange rates were known and fixed? blows my mind!
Anyway, now the USD isn't backed by gold, at some point some president just said "oh yeah by the way, that paper that you were holding in lieu of gold... is no longer exchangeable for any gold"... without a democratic debate or referendum being taken, which to me, that must have been like nationwide theft overnight.
So, that's our money now, no longer based on scarcity, just the authority of our governments, and on average, fiat currencies last less than 30 years... think the USD is about 60 years old in it's current fiat form?
As this subredit is named 'buttcoin', and everyone appears to think cryptocurrencies in general are all scams, has anyone given any thought to what real money should look like? if's it's not going to be something like bitcoin, decentralized (no one in control, cant turn it off) and based on cryptography, what should our new look like now that fiat is currently being printed like monopoly money?
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Banca internacional #03 UK LT BG MT DE – Intro EU y Fintech

Este contenido fue publicado originalmente el 06/08/2019 - Aca
Posts anteriores de la serie

Background e intro
La Union Europea y en cuestión el Area Economica Europea o single market es un colectivo de veintiocho estados, cuales en su mayoría abolieron todo tipo de controles migratorios internos. También llamado Area Schengen, aunque esta, no incluye los veintiocho miembros sino, veintiséis.

De la misma manera, el “single market” o Eurosystem, mercado común europeo y su moneda de facto el Euro, ISO 4217 : EUR no se usa en todos los miembros del área política. Sin embargo todos los miembros de la Union Europea y varias de las jurisdicciones que no usan el Euro como su moneda de intercambio oficial (Romania, Polonia, Suiza, Dependencias de la corona, etc.) son parte del área SEPA compuesta por 36 miembros.

SEPA, Single Euro Payment Area es un protocolo de créditos y débitos bancarios entre personas físicas o legales de rápida ejecución operando 100% bajo el estándar IBAN. Es moderno comparado con otros sistemas similares como el ACH o wires locales americanos, ciertamente anticuados y de un costo mucho mas alto de operar.

Por regulación del ECB (European Central Bank) los pagos SEPA ya sean créditos o débitos deben ser gratuitos y se considera ilegal cobrar por una transferencia SEPA.

Esto dicho, varias instituciones cobran un “fee” por la ejecución de transferencias SEPA bajo alguna descripción a modo de eufemismo.

Si bien SEPA es considerado relativamente moderno, SEPA ICT (Instant Credit Transfer) ya se encuentra desarrollado y en proceso de implementación. Bajo el nuevo standard, las transferencias SEPA son ejecutadas en tiempo real con el fin de incentivar la implementación y adopción de las tecnologías fintech desarrolladas por privados bajo el tutelaje del ECB.

Desde hace aproximadamente diez años, el ECB comenzó a liberalizar el mercado bancario a modo de desconcentrar el monopolio de la banca europea. De esta manera dieron comienzo a las entidades EMI (Electronic Money Institutions). Entidades quasi bancarias, las cuales pueden ofrecer IBANs personales de manera instantánea y emitir tarjetas de pago (en general no debito sino prepagas directamente ligadas a una cuenta personal).

Regulación

La flexibilización de la banca europea via fintech tiene sus rarezas, la mayoría de las nuevos “bank challengers” usaron frases del tipo “we are not a bank, we are better tan a bank” y similares. Muy cool a los ojos de un millenial rebelde sin embargo el wording es exacto. Una entidad EMI no es un banco, no está siquiera remotamente cerca de serlo. Estas entidades no operan con efectivo, ni en general ofrecen créditos, o inversiones o tasas de interés (mas allá de que la tasa de interés del ECB se encuentra en el área negativa hace años) porque la verdad es que una entidad EMI no está a autorizada a tomar depósitos en Euros.

Cuando decimos “Electronic Money Institution” en realidad debería leerse más como “token”, la gente que usa crypto entenderá de manera más fácil. Al momento del depósito, la entidad mueve nuestros Euros a una cuenta a su nombre en una entidad bancaria real en general en la jurisdicción en la cual está registrada y licenciada aunque esto no es necesario. Los depósitos, a diferencia de un banco, no se pueden ofrecer a modo de prestamos ni se pueden invertir y se deben mantener segregados. Como una especie de cuenta escrow. En el mismo momento, de manera instantánea intercambia 1 for 1 cada euro por un token dentro de su plataforma al que le podemos poner el símbolo y nombre de euro pero al mismo tiempo no lo es. Al momento de efectuar un pago fuera de la plataforma el ejecutor intercambia nuevamente nuestro token por 1 euro cash que se encuentra depositado en la cuenta escrow y lo envía via SEPA o SEPA card hacia un comercio o una persona física/juridica a modo de pago.

Esta pequeña diferencia hace que el statement “we are not a bank” tenga un significado mucho más verosímil en lo legal de lo aparentemente anunciado. Y por esta razón, suelen lidiar con clientes de mayor riesgo que un banco tradicional. A manera de un sandbox monetario.

El problema principal, más allá de la oferta de banca básica y el peligro de que la entidad desaparezca de la noche a la mañana sin dejar rastro. Los depósitos en las EMIs no están cubiertos por el seguiro de depósitos de ninguna jurisdicción ni por el ECB.

En un comienzo, hace unos años uno podía abrir una cuenta en algún país del báltico, recibir una tarjeta MasterCard en Euros y empezar a recibir pagos de manera instantánea luego de un onboarding básico de 5 minutos vía una App. Algunos proveedores inclusive ofrecen una dirección de Bitcoin a la cual, si uno envía BTC, es convertido automáticamente a depósitos en EUR a la cotización del momento del clearing de la transaccion. Suena too good to be true no?

Bueno MasterCard y Visa también pensaron eso. En el 2018 cancelaron todas las tarjetas de los EMIs en Europa y renegociaron las licencias de emisión. Muchos proveedores de servicios financieros nunca emitieron tarjetas nuevamente y se dedicaron solo a cuentas virtuales. Los proveedores que sobrevivieron y encontraron su nicho se vieron en una situación grow or die.

Pero como se puede crecer sin poder ofrecer más servicios bancarios, crypto estaba sufiendo un slump terrible… Ah si, licencias bancarias.

Y así llegamos al presente, donde “we are not a bank” es una falacia y si, ya somos un banco. Tenemos una licencia, aseguramos tus depósitos y podemos ofrecer más servicios bancarios. El passporting de servicios está en toda su gloria, a costo de muchos de nuestros beneficios. La consecuencia principal? Todos los usuarios de riesgo, eliminados. Non-residents? Fuera, Gambling? Fuera, Crypto trading? Fuera…

KYC más estricto(si se lo puede llamar asi), mayor escrutinio de transacciones, CRS, suspensiones de cuentas y otros detalles están a la orden del día.

En la situación actual, siguen existiendo EMIs que hacen menos preguntas al costo de algunos Euros por mes. Donde podemos enviar y recibir fondos de un crypto Exchange o de TransferWise (a contrariedad de BruBank*… EJEM…*) y operar pagos de manera normal. No es un arreglo definitivo pero es de bajo costo y puede servir de “buffer” entre negocios que pueden atraer cierto escrutinio a nuestras cuentas en banco tradicionales.

Obviamente esto es un arma de doble filo y afecta a todos los miembros de la cadena de la misma forma. En mi caso, tuve que hacer un “White listing” luego de un intercambio de emails con soporte, de cuentas en Lithuania en las Crypto Exchanges que uso porque no querían procesar mis depósitos y ponían todas mis transacciones on hold de manera indefinida. La explicación? “Too much fraud from those suppliers”.

Esto dicho, para las instituciones que no son crypto friendly, esto puede ser la salvación. Un depósito de otra cuenta a tu nombre es mejor que un depósito a nombre de Kraken Payward o Bitstamp Limited.

Las licencias bancarias son un gran desarrollo para el mundo fintech europeo, lamentablemente tiene un gran costo a nivel usuario. Hay muchos menos proveedores que ofrezcan servicio a no residentes.

Los riesgos de los EMIs son reales, muchos han desaparecido sin dejar rastro, otros como WorldCore se vieron enrollados en lavado de dinero Ruso y cancelación masiva de sus tarjetas por parte de Visa y MasterCard Europe a punto tal que se vieron obligados a cerrar. WorldCore sigue en venta hoy día. SataBank un banco digital basado en Malta de capitales Bulgaros entro en administración para nunca más reaparecer.

Otros tuvieron que reinventarse o separarse. PayMix se disolvió en dos compañías una para personas físicas y otra para personas legales. Ejemplos de este tipo existen por montones.

Instituciones de interés

Globitex – UK/Lithuania
https://globitex.com/euro-wallet
Licencia: Crypto UK/Wallet EMI Lithuania
Cuentas: Personal/Business
Tarjeta: No.
No residentes: Si.
Detalle: Globitex es un crypto broker el cual simplifica el intercambio de crypto por fiat via el uso de un servicio de wallet (EMI) el cual posee un IBAN personalal y unico a nombre del UBO de la cuenta.
El servicio tiene algunos costos sin embargo es una buena alternativa para ejecutar pagos via SEPA.
En este momento 14 dias de trading sin costo, imagino que las operaciones de la cuenta si tienen costo, sin embargo desde que empezaron a ofrecer el servicio, los cargos por operar se han reducido substancialmente.

MisterTango – Lithuania
https://www.mistertango.com/en/
Licencia: EMI
Cuentas: Personal/Business
Tarjeta: Temporalmente suspendidas.
No residentes: Si.
Detalle: Las cuentas funcionan, la mía personalmente desde hace más de 2 años. Existe integración a su propia exchange de crypto. Ofrecen servicios para traders de crypto y dirección de BTC con deposito a EUR instantáneo.
Hay que tener en cuenta que la oferta de servicios en el pasado era muy superior. Incluía dirección de BTC, transferencias SWIFT, transferencias SEPA, tarjeta MasterCard Euro, acceso al Exchange, top up de la cuenta via tarjetas de debito/crédito y opción de una API para facturar.
Hoy día está dividido en diferentes segmentos y el pricing varía según el paquete elegido, nacionalidad y residencia.

LeoPay – Bulgaria
https://leopay.eu/
Licencia: EMI
Cuentas: Personal/Business con preferencia a Estonian e-residents.
Tarjeta: Si, debito Visa, con condición de dos tarjetas por cuenta o una tarjeta por currency.
No residentes: Si.
Detalle: Originalmente llamado LeuPay registrado en Malta de capitales Bulgaros. Usaban de backend SataBank, así que si leyeron lo anterior entenderán el cambio de nombre de la entidad.
Cuentas multicurrency en EUR, USD, GBP, CHF, RON, HRK, JPY, BGN, PLN, CZK.

Paysera – Lituania
https://www.paysera.lt/v2/lt-LT/index
Licencia: EMI
Cuentas: Personal/Business. Es posible obtener más de una cuenta por cliente.
Tarjeta: Si, debito Visa.
No residentes: Si.

PayMix Pro – Malta
https://www.paymix.pro/
Licencia: Institución financiera Maltesa
Cuentas: Business
Tarjeta: Debito
No residentes: Si.

Prospero – Malta
https://www.yourprospero.com/
Licencia: Institución financiera Maltesa
Cuentas: Personal
Tarjeta: Debito
No residentes: Si.

Deutsche Handelsbank – Alemania
https://www.handelsbank.com/en/bc/home-business-customers.html
Licencia: Bancaria propia.
Cuentas: Business. Es posible obtener más de una cuenta por cliente.
Tarjeta: No.
No residentes: Si.
Detalle: Es un pequeño banco alemán que se especializan en cuentas únicamente para personas legales con licencia y backend bancario propio.

N26 – Alemania
Licencia: Bancaria propia.
Cuentas: Personal/Business
Tarjetas: Debito/Crédito
No residentes: No*.
Detalle: No aceptan no-residentes en el Area economía europea, sin embargo si aceptan pasaporte Argentino y cualquier numero de móvil. El requerimiento es una dirección de correo en el Área Económica para recibir la tarjeta. (Chripre no es una opción para la dirección).

Revolut – Lithuania/UK
https://www.revolut.com/
Licencia: Bancaria propia (UK)
Cuentas: Personal/Business.
Tarjeta: Si, variedad dependiendo del tier.
No residentes: No*
Detalle: Revolut evoluciono desde una licencia de EMI a una entidad con licencia bancaria. Siempre en las noticias por las razones equivocadas, han quedado atrás los días en los que la banca Lituana los decepcionaba. Lamentablemente los reportes de cuentas congeladas persisten y rehabilitarlas puede tardarse meses.
Revoluto ofrece tarjetas con conversión de divisas usando el mid-market rate y sin FX conversion fee. Ofrecen crypto trade (CFDs) y muy recientemente una plataforma de inversiones. Si han leído mi post titulado Banca internacional #02 – United Kingdom, where it all began y repararon en el detalle de que la licencia bancaria es de Reino Unido, si, están en lo correcto. Esta entidad no puede técnicamente aceptar no-residentes si tiene una licencia bancaria ringfenced. Sin embargo, tal como es el caso con varias de alternativas, una dirección de correo dentro de Reino Unido o Europa suele bastarle a los clientes para hacerse de una cuenta.
UPDATE: Recientemente Revolut agrego un setting muy interesante, la cual permite, una vez registrados como clientes cambiar la residencia fiscal. No hay muchos datos con respecto a qué efectos tiene sobre la cuenta más allá de una suspensión quasi instantánea. Sin embargo! Según la jurisdicción de residencia fiscal seleccionada, también nos puede dar como opción “Email us to [[email protected]](mailto:[email protected]) and let’s see what we can do.”

TransferWise
https://transferwise.com/
Licencia: Money transfer (UK), EMI (Lithiania)
Cuentas: Personal/Business y Borderless, 4 currencies GBP, EUR, NZD, AUD y condicionalmente USD.
Tarjeta: Si, MasterCard para residentes del Area Economica Europea.
No residentes: Si.
Detalle: Conocido por casi todos hoy día, la aplicación de cabecera para remittances elegida por todos los millenials. No es la mejor sin embargo es la que tiene mejor publicidad y estrategia.
Se sabe que hay clientes quienes han usado datos postales europeos para registrarse y han logrado recibir la tarjeta en condición de no residentes.

Disponibles fuera de sus países de registro en breve

Insha – Alemania con backing de Al Baraka (Turquía)
https://www.getinsha.com/
Detalle: Primer banca islámica digital en Europa. Que esto no los detenga en ver el servicio que ofrecen. Dado los servicios que ofrecen (y la carencia de interés computado en depósitos) es una plataforma idea para banca Islámica.

ToMoRRoW - Alemania
https://www.tomorrow.one/en-de/
Detalle: Banca alemana sustentable.

Kontist – Alemania
https://kontist.com/
Detalle: Banca digital para pequeños negocios o freelancers con implementación de contabilidad y taxación.

Tarjetas

Algunos EMIs solo ofrecen tarjetas. En general son productos sub-prime y consecuentemente los fees son usureros. No voy a entrar en detalle sobre el ofrecimiento de servicios de estos proveedores, pero les dejo algunos por una cuestión de mera curiosidad y cobertura de alternativas.


Nota final
Existen muchos servicios más de tipo pseudo bancario en Europa. Podría publicar un post infinito con 500 URLs y links a cada uno de ellos. Muchos con respaldo de Bancos centenarios y prácticamente todos con requerimiento de residencia en la Unión Europea. Si desean mas información, puedo hacer un post apartado. Pero más allá del landing page, no van a poder utilizar ningún servicio.
Es más fácil abrir una cuenta en un banco normal para no residentes en Europa de manera personal que intentar circunventar la legislación y regulación pertinente a los bancos o EMIs digitales reservados para Europeos.

Donations.
Token Wallet address BTC 19xvUdQoZosrzYKNaTCK834zRkg5Bogop BCH qqqmyqjspnq0fazk9wvv0elc8vxdp2rkvgfqs3s87x LTC LKNvBgwEtE3w7oEUYiSVb96qCe7xFDBvp8 ETH/DAI 0x1cbbcf2ca8849893ad7feac5ef5c735f6d91fa4e XMR 44AXEt8ZkmjgGuUrPaoNTzBGhp92L3HozSYxAip7dz8qL6A3neJBriLRSjC8Qnam4tEhfw2yXzcXsbZ2dJiWHDC7Ji8nBvx 
submitted by diyexageh to LATAM_PersonalFinance [link] [comments]

What is Nexo? / A quick introduction for new users

What is Nexo?
Nexo — Better Than Any Bank Account.
A quick introduction for new users

If you came across the #NEXO Token, it probably means that you are moving in the crypto world - bitcoin, tokens, blockchain, etc.

🔹Nexo (https://nexo.io) provides the world’s first instant crypto credit lines. In a regular bank, as we know them from our lives, we usually borrow money and use a house, an apartment, or another real estate as collateral. Loan approval and processing may sometimes take up to several weeks. Nexo, by contrast, will approve your loan in a matter of seconds and the money will be sent to your account right away.

🔹THERE ARE 3 WAYS YOU CAN RECEIVE YOUR MONEY:
  1. Instantly withdraw your loan in USDT
  2. Directly in your personal bank account, usually takes one business day (the maximum is 3 days). Nexo supports 45 currencies and 200 countries worldwide
  3. The Nexo Card - Nexo’s card allows users to instantly spend from their credit line for all sorts of expenses without selling their crypto. https://nexo.io/nexo-card?referral=T286Y7V&refSource=copy

- Interest rates from 5.9% to 11.90% https://medium.com/nexo/improved-nexo-staking-policy-for-credit-line-discounts-9b896cc34b93
- Loan amounts from $500 to $2 million
- Installment calendar = you can repay anytime you want - regularly, irregularly - it's up to you. You pay interest only for the days you have used the loan
- You have 1 year to repay the loan, if you do not repay it, the loan will be automatically extended for another year

🔹Nexo ACCEPTS:
#BTC #ETH #LTC #BCH #BNB #NEXO #EOS #XRP #XLM #PAXG (additional assets will be added) as collateral for your loan and helps you keep your assets and their ability to increase in value without the having to sell them

Nexo helps you with your tax situation.
https://medium.com/nexo/how-to-ease-your-crypto-tax-burden-f3f536c098d8
With Nexo you can enjoy your crypto wealth today without selling your assets.
The first crypto bank

🔹EVALUATION OF YOUR ASSETS:
  1. Fiat: EUR GBP USD
  2. Stable coins: #USDT #DAI #USDC #PAX #TUSD
  3. Crypto: #BTC #ETH #XRP #LTC #BCH #XLM #EOS - in preparation.
- Yield up to 8% compounding interest per year.
- The income is credited to you daily.
- No deposit commitment.
- No deposit fees.
- No withdrawal fees

🔹#NEXO TOKEN - 3in1
The #NEXO Token and its benefits for the token holder:
  1. Dividends - passive income - Nexo shares 30% of its profits with #NEXO Token holders in the form of dividends
(The previous dividends were paid out in 2018 and 2019 and amounted to a total of roughly $3,300,000)
  1. Discounts and Bonuses
With Nexo, you can stake #NEXO Tokens to receive the following bonuses
50% discount on accrued interest via staking of #NEXO Tokens
25% bonus interest on deposited assets
  1. Exchange tradability
Possibility to earn on the rising price of the #NEXO Тoken.

🔹FACTS:
- On December 15, 2018 Nexo distributed the first dividend 7 months after opening in the amount of $ 900,000 / 4.80% ROI
- On August 15, 2019, Nexo distributed a second dividend of $ 2,400,000 / 12.72% ROI
- NEXO made a net profit of $ 11,000,000 in its first 14 months of operation
- NEXO has brokered loans of $ 2,500,000,000 since the launch of the www.nexo.io platform
- Nexo registers 750,000 platform users
- The Nexo Wallet App is now available for all iOS and Android
- Nexo has $100 million insurance of all custоdial assets stored with the world’s leading crypto custodian BitGo.

🔹IN PROCESS:
- Dividend payment No.3
- Credit card with 2% cash-back
- Other benefits of #NEXO Token
- New assets will be added to the platform
- Regular dividends / several times a year
- Affiliate program
- Website redesign
- Stock exchanges
----------------------------------------------
🇬🇧 NEXO Official Telegram
https://t.me/nexofinance
🔊 Notification channel:
https://t.me/nexonews
Statistics of #USDT loans
https://nexostatistics.com
----------------------------------------------
Update in English from 8.6.2020
submitted by rasto1973 to Nexo [link] [comments]

Best way to transfer MYR to GBP (UK)?

I believe Revolut and Transferwise the services I am familiar with do not allow this? Other suggestions appreciated e.g. the one with the best rate
submitted by dvnielng to malaysia [link] [comments]

17yrs old, made and lost a lot of money in Cryptocurrency/Bitcoin, paid 0 taxes, have 0 records of trades. what do I do?

Like in England/UK. I was given $70 in cryptocurrencies ( Bitcoin etc ) by a friend as a gift a few years ago. I then got addicted to it and brought my portfolio all the way up to around $42,000 during the bull run and my portfolio now sits at $10,000. I never converted any of it to an actual currencies. It's been in crypto the whole time.
I didn't pay taxes at all. I had and still have no idea how taxes work. No one even knows I have cryptocurrencies. I have some trade records but barely any. I don't want to hire someone to look at my situation as I have no money and I'm not dealing with a lot of money anyway. I can't withdraw any money from crypto as all exchanges require you being 18. How will they go about deciding how much I owe them?
submitted by New_Conclusion to LegalAdviceUK [link] [comments]

All the available methods get from BTC to GBP in a UK bank

I've been searching for many hours and come across a range of solutions, some of which will suit some people more than others.
I'm still a little confused about some but others seem simple enough.
Whatever route is used, it seems either you loose some percentage in bank exchange rates or you take a risk using less than perfect apps in order to not loose much in the exchange rate.
Options (please correct or clarify if I've got something wrong here):
*** 1: Send from exchange to your bank. This will incur a loss of around 4% in the exchange rate which is not visible unless you compare the amount you're getting in GBP to the rate on XE.com, Google, Revolut...)
Cost on gbp100 (4gbp). Cost on gbp1000 (gbp40) Cost on gbp10000 (gbp400)
*** 2: Sell BTC for EURO on an exchange (coinbase, Kraken...) and send to Fire.com app -> fire.com app (has an account number and sort code). Send from there to -> Revolut (on Revolut, exchange EURO -> GBP (no fees and good exchange rate) then use SEPA payment method from Revolut to UK bank.
This method looks good. However, I've read some pretty worrying reviews of both Fire and Revolut (very slow, some people suddenly having accounts closed with no explaination). Questions:
*** 3: Sell BTC for EURO on GDAX (which is connected to Coinbase) -> Click withdraw on Coinbase and select SEPA and send to Revolut -> Use Revolut to change EURO to GBP -> Send to UK bank
*** 4: Sell on localbitcoins -> send to FidorUK (on a weekday for less complications) -> UK bank
*** 5: Transfer EURO -> bunq then use Transferwise to send to UK bank
haven't looked into this so not sure of the reliability and costs
So:
submitted by true_al to BitcoinUK [link] [comments]

SKRILL(15€/10£) - VERSE €\£5 - CURVE(5£) - WORLDREMIT(25 euros, 30CAD, 35 AUD e.t.c.) - XENDPAY (10$/€\£, or equivalent in sending currency - unlimited) - TRANSFERGO(10£/12€) - TRANSFEWISE(5€) - CURRENCY FAIR(30€) - XAPO($10 IN BTC) - Celsius Network (UP TO $ 220 in BTC) - LUNO(25) - BITPANDA(10)

BE CAREFUL PLEASE - I WILL PERSONALLY PROVIDE YOU WITH MY UNIQUE LINKS AND PROMO CODES TO INSURE (PROTECT) OUR REWARDS.
BANKS - BANKING SERVICES AND CRYPTOCURRENCIES – FREE MONEY - FREE CRYPTO -SKRILL(15€/10£) - VERSE €\£5 - CURVE(5£) - WORLDREMIT(25 euros, 30CAD, 35 AUD e.t.c.) - XENDPAY (10$/€\£, or equivalent in sending currency - unlimited) - TRANSFERGO(10£/12€) - TRANSFEWISE(5€) - CURRENCY FAIR(30€) - XAPO($10 IN BTC) - Celsius Network (UP TO $ 220 in BTC) - CRYPTO.COM ($50 in MCO) - IBANWALLET($25/25€)
Bitpanda (10)
Bitpanda (One of the mots known Crypto Currency Services)
  1. PM Me for Referral Link (in order to protect both our rewards)
  2. Verify your identity
  3. Deposit at least €25 on your account via bank transfer
  4. Buy €25 in cryptocurrency (for example Bitcoin (BTC), Ethereum (ETH) or (USDC) for a more stable crypto)
  5. The €10 bonus will be added to your account
  6. Complete the beginner quiz on https://www.bitpanda.com/academy/en/ to get €5 in BEST coins
  7. Sell all the cryptocurrency
  8. Transfer the money back to your bank :)
Luno(25)
Luno is a service to buy and sell cryptocurrencies. For new users: when buying €250 in BTC you get €15 free in BTC!
Steps:
Sign up through my link (send me a private message for my link and my code)
Verify your ID (it should take a around 30mins-1hour)
Fill in my code on the 'Rewards' page. If you get "This type of promotion code can only be applied once per person" then the code was already accepted during sign-up :)
Buy €250 in Bitcoin. You can deposit through Visa, which is instant and has no fee (no MasterCard, since the fees eat up your bonus), bank transfer (using Revolut it should only take a couple of hours) or iDeal.
After buying 250€ in Bitcoins the €15 in BTC will be credited to your account within a few minutes.
Sell the Bitcoins and transfer the full amount back to your bank account. It is possible that you end up with a bit less than €265 because of fees, but this shouldn't be more than a few euros. In my case I ended up with €262.27 due to fees and BTC fluctuation.
PM me for your bonus and enjoy!
Iban Wallet ($25/25€) + 10 from me
Step 1 : SEND ME A PERSONAL MESSAGE OR BID ME AS A COMMENT TO SEND YOU MY UNIQUE LINK
Step 2 : Complete the sign up form and verify your ID. You only need a photo of it, no annoying calls to make. When it asks for a referral code, you should use mine.
Deposit €1,000/$1,000 or more. You can use a credit card or bank transfer.
Step 3 : You will immediately receive the bonus €25/$25. All €1,025/$1,025 can be immediately withdrawn.
Full terms and conditions : https://www.ibanwallet.com/terms
Xapo ($10 in BTC) +5 from me
Xapo is a nice platform for investing in cryptocurrency. They have also offer a good referral bonus of $10 paid in BTC just for depositing $100 (±£80, ±108 ) to your Xapo account.
Here's how to get it:
  1. SEND ME A PERSONAL MESSAGE OR BID ME AS A COMMENT TO SEND YOU MY UNIQUE LINK AND OPEN MY LINK ON YOUR PHONE (must be done on your phone so it tracks properly) and download the app.
  2. Finish your registration by providing your phone number, e-mail address and verify your identity. You will need a picture of your Passport/ID/Driver's license and a picture/PDF of any bill with your address.
  3. Deposit €100 by a regular SEPA transfer. It's free to do it. You can also use your card for an instant deposit but it will charge you extra 2% for it.
  4. Your bonus of $10 in BTC will be credited immediately after your transfer reaches your Xapo account. There is no need to invest your money or do anything else with it.
You can exchange your BTC to EUR and transfer it back to your bank account.
T&C : https://static.xapo.com/terms/index.html
Celsius Network (UP TO $60 in BTC) + 5 from me
Celsius Network is a cryptocurrency investment app where you can get 8-12% yearly return on your coins. You don't need to do anything with them - just keep them in your Celsius' wallet.
They have a great referral program, which gives you $10 for signing up with my link, depositing and keeping $200 worth of coins for 30 days. You will also get some percentage of interest paid from Celsius for your investment.
They also have a lot of promotional codes which you can use to get up to $60 worth of bonuses paid in BTC.
Here are all the steps for you to get your FREE $60:
  1. SEND ME A PERSONAL MESSAGE OR BID ME AS A COMMENT TO SEND YOU MY UNIQUE LINK and use it when signing up on the app.
  2. Verify your identity with a picture of your Passport/ID/Driver's license. It usually takes no more than 30 minutes.
3. In Celsius app go to 'Enter a promo code' and enter these codes (depending on the amount you're willing to deposit):
· SPRING - $10 bonus paid in BTC when you deposit $100 and hold it for 30 days
· POV- $10 bonus paid in BTC when you deposit $200 and hold it for 3 days
· PAKMAN - $10 bonus paid in BTC when you deposit $100 and hold it for 30 days
· SAGA - $10 bonus paid in BTC when you deposit $100 and hold it for 30 days
· MINEABLE - $10 bonus paid in BTC when you deposit $100 and hold it for 30 days
4-Deposit crypto coins to your Celsius wallet. Make sure you entered the codes BEFORE your deposit. If you're not willing to risk with holding usual crypto coins (BTC/ETH/XRP/LTC etc.), which can gain or lose value, you can simply deposit one of the stablecoins (USDΤ/GUSD/TUSD/TGBP etc.), which will keep it's value. Buy your stablecoins on another cryptocurrency exchange platform. You can buy your USDΤ on CRYPTO.COM. (Referral code for crypto.com – SEND ME A MESSAGE) Make sure you deposit your coins in one transaction (equivalent to $100 or $200).
5-Hold your coins for these required days. Afterwards just transfer your coins, together with your bonuses back to wherever you want it and cash them out.
T&C: https://celsius.network/terms-of-use/
CRYPTO.COM ($50 in MCO) + 20 from me
Crypto.com is a well-known cryptocurrency exchange, and is paying 50$ to stake your crypto on their platform for 6 month. Im paying you 25$ of my reward to make the deal even better! So to get the bonus you have to buy and stake 50 MCO on crypto.com you will lock the 50 MCO for 6 months, but the reward will be withdrawable as soon as you stake the 50 MCO - so you can withdraw your bonus instantly.
Guide:
1. Sign up via my link - SEND ME A PERSONAL MESSAGE OR BID ME AS A COMMENT TO SEND YOU MY UNIQUE LINK
2. Verify your account via KYC - just follow the instructions ID will be necessary!
3. Go to “Card” in the app and make the buy and staking of MCO, you will now have unlocked your reward, make the last few steps to order the ruby steel card - this will get you, free spotify, 2% cashbacks and a lot more!
4. Sell and withdraw you reward or let the reward stay in your wallet as an investment - that’s totally up to you!
5. Write me a message so I can give you the extra 25$ to make this a great deal!
T&C: https://blog.crypto.com/update-crypto-coms-bg50-both-get-50-referral-program/
CurrencyFair (30€) +10 from me
CurrencyFair is a service to send money internationally (just like Skrill, WorldRemit, Xoom etc.). They have now increased the referral bonus to €50 for new users when making a transfer of at least €2000 (or equivalent in another currency, ~ £1765). SEND ME A PERSONAL MESSAGE OR BID ME AS A COMMENT TO SEND YOU MY UNIQUE LINK. It is super easy to be obtained. I have proofs of my rewards! You must send 2000 Euros and after that you are credited 50 Euros in your CurrencyFair Account (3 Euros fee to transfer to your personal bank). The steps for the registration are very easy. Follow my link, chose to send approximate 2030 or 2040 due to the gap that CurrecyFair holds between exchange rates, verify your account (need to attach two proofs of identity and one proof of your address or one proof of your identity and two proofs of your address) and make the transfer through your Revolut or Monese account. For example, send money from Revolut EU account to Revolut GB account. Finally, your net profil will be about 20 euros.
T&C:https://www.currencyfair.com/express-deposits-terms-conditions/
Skrill (£10/€15 e.t.c.) + 5 from me
Skrill is a money transfer service, where you also get £10 referral discount for your first transfer. Skrill doesn't require any ID verification.
Here are the steps to get your FREE £10:
SEND ME A PERSONAL MESSAGE OR BID ME AS A COMMENT TO SEND YOU MY UNIQUE LINK
  1. Choose the country where your other account is and enter £100.
  2. Complete all the details about your EUR account on the next page.
  3. Make sure you have written my code before submitting the transfer so you will only have to pay £90 and will receive £100 to your account.
  4. Finish the transfer by paying with your card. Easy as that.
It never took more than 24 hours for the money to reach my account.
If you're an existing member on Skrill but have never used Skrill Money Transfer you can still enter my code for your first transfer and get the discount. Please note - it might not work for really old Skrill accounts but it's still worth trying.
Here are the different options for countries outside of UK:
EUR countries = minimum transfer of 150€ to get 15€ off transaction
Canada = minimum transfer of 200$ to get 25$ off transaction.
Australia = minimum transfer of 100$ to get 40$ off transaction
South Africa = minimum transfer of 1500 ZAR to get 250 ZAR off transaction
T&C:https://www.skrill.com/en/footeterms-conditions/skrillaccounttermsofuse/
VERSE - €\£1 From Verse (UK or EU)
Verse is a money transfer service that has a generous reward for signing up. Steps are simple.
How to get the reward? From Verse (UK or EU) Verse is a money transfer service that has a generous reward for signing up. Steps are simple. How to get the reward?
[ HOW TO CLAIM MONEY ]
STEP 1 - SEND ME A PERSONAL MESSAGE OR BID ME AS A COMMENT TO SEND YOU MY UNIQUE LINK. DO NOT DOWNLOAD THE APP AND REGISTER AS IT IS FOR NEW USERS ONLY
STEP2 - Register using my link and load £20/€20 by linking your bank
STEP3 - Send the money to a friend or relative, or if you need assistance you can send to me and I’ll send it right back.
STEP4 - After both requirements are completed you can IMMEDIATELY claim your reward and withdrawal the money to your bank account.
If there are any inquiries, feel free to message me.
T&C:https://verse.me/en/terms
CURVE (5£) +1 from me
Curve is a great app where you can add all your debit and credit cards and spend from any of them just by choosing it with a tap of your finger.
Here's how to get your FREE £5:
  1. Download the Curve app on your phone. You can use this link ***SEND ME A PERSONAL MESSAGE OR BID ME AS A COMMENT TO SEND YOU MY UNIQUE LINK***
  2. Make sure to enter my code when signing up to get FREE £5 after your first transaction.
  3. Add one of your debit or credit cards in the app.
  4. Wait for your Curve MasterCard to arrive by post (it's completely free) and make your first payment. I added my Revolut card and topped up my Revolut account with Curve card in order to activate the bonus, so no actual spending needed. You can also add your Curve card to PayPal and verify it. It will count as a transaction and will activate the bonus.
  5. You will be awarded FREE £5, which you can spend anywhere with your Curve card.
T&C:https://www.curve.com/en/terms
WORLDREMIT (Voucher code 25 euros, 30CAD, 35 AUD e.t.c.) + 5 from me
SEND ME A PERSONAL MESSAGE OR BID ME AS A COMMENT TO SEND YOU MY UNIQUE LINK
I send money online with WorldRemit. I think you should too. If you join and send 125.00 EUR we'll each get a 25.00 EUR voucher. Also, use the code 3FREE. The first free transactions are fee-free.
IF YOU YOU ARE NOT RESIDENT OF COUNTRY (ex. Belgium) WHERE YOU SEND MONEY TO AND DO NOT HAVE PHONE NUMBER (Belgium), BUT HAVE BELGIUM ACCOUNT, JUST FILL IN THE FIELDS WITH YOUR REAL INFORMATION. IT IS PASSED.
Warming : What is the minimum send amount to qualify for Refer a Friend? (IN this link you can find Sending from / Minimum send amount / Voucher amount)
T&C:https://www.worldremit.com/en/about-us/recipient-terms-conditions
XENDPAY (10$/€\£, or equivalent in sending currency - unlimited) + 4 from me
It a trusted and really fast money transfer service, which offers **£10 referral reward (**£10/€10/$10 or equivalent in sending currency) (so called first transfer discount) if you haven’t tried their service yet.
Here are the steps to get your **FREE (**£10/€10/$10):
  1. SEND ME A PERSONAL MESSAGE OR BID ME AS A COMMENT TO SEND YOU MY UNIQUE LINK
  2. Verify your identity with a picture of your Passport/ID/Driver’s license and your address with a picture of an utility bill. It took me around 4 hours to get verified, which is not too long. It was even faster for others I know.
  3. Make your first transfer of £100 or more)(minimum sending amount is £100/€100/$100, or equivalent in sending currency) . Click ‘Send Money’ on the Dashboard. On the next page choose that you’re sending money from UK to the country where your EUR account is and write 0 next to ‘Transfer Fee’, so it becomes free. You will see £10 discount applied, which means that you will have to pay £90 for this transfer and will receive equivalent to £100 in Euros.
  4. Enter your own personal details and your EUR account details.
  5. Pay with your card or bank transfer.
Your money should reach your account within 1 business day.
T&C:https://xendpay.com/xendpay-terms-and-conditions/
TRANSFERGO (10£) + 5 from me
Get £10 bonus using my referral code: Enter my code when signing up to get your £10 bonus. Once you’ve transferred over £50 or equivalent, you’ll receive your £10 cashback. I love using TransferGo to send money abroad! Try it for FREE yourself! After the identity verification you will receive a code for fee-free transfer. The procedure takes about 30 minutes to be completed.
We recommend reading our terms in full.
T&C: https://www.transfergo.com/en/terms-and-conditions
TRANSFERWISE (PROVIDE YOU WITH 5IF YOU DO A TRANSFER OVER 250)
TransferWise provides you with a first transfer of up to 500 GBP fee-free. And, as always — you’ll get the real exchange rate whenever you send money abroad. Instant transfer. In my case, I used my Revolut card (physical or virtual) and sent money (250€) from my EU Revolut account to GBP Revolut account. The money transfer was completed after 10 second and exchanged Pounds into Euro without losing anything. SEND ME A PERSONAL MESSAGE OR BID ME A S A COMMENT TO SEND YOU MY UNIQUE LINK.
T&C: https://transferwise.com/terms-and-conditions
submitted by AchilleasOikonomou to clicksforbeermoney [link] [comments]

Large-scale updates of Tkeycoin. What’s next? — listing on the crypto exchange. Are you with us?

Large-scale updates of Tkeycoin. What’s next? — listing on the crypto exchange. Are you with us?

https://preview.redd.it/ojtx6mauve151.png?width=700&format=png&auto=webp&s=8dd727076d495d4b624a307775e64ae83ce31c76
Hello, everyone, It’s been a long time since you heard our team, someone thought we were gone, someone was waiting, and someone disappeared himself.
All this time we have worked hard to bring you good news. We will tell you what we have prepared for you, what events will be soon, what you can use right now and what else will be new in the year. And so, let’s go!

Preparing for listing on the exchange

The pandemic period played into the hands of the entire team and we managed to build beauty in our services. In anticipation of the exchange, the team tidied up the sites and services and connected new tools. First of all, we paid attention to the preparation of all services for a foreign audience, taking into account its mentality.
New sections, localizations, nice things, and much more to ensure the most efficient use of the TKEY resource. In addition to the new tabs, the services that we will talk about in this material, there is a special page for representatives of the exchange with the necessary documentation for listing — https://tkeycoin.com/en/documentation/.

https://preview.redd.it/63a1cmdwve151.png?width=700&format=png&auto=webp&s=0a064bff4acd1c1e3171f2c72ff79533b87aa3e1

Full localization

Already today the official website tkeycoin.com available in 5 languages: Russian, English, Korean, Chinese (Simplified), Chinese (Traditional).

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We made adjustments to the Russian and English versions of the site, including support for Korean and Chinese for each section of the site. Professionals in their field, native speakers translated and adapted the information as it should be, and we, in turn, structured and framed it properly. So welcome!

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We will update language support for the site, and soon it will include support for all languages that are available in the mobile app.

QR Codes for Asian Audience


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Our friends and residents of Asian countries actively use QR codes in their lives, both when paying in stores and when working with websites. QR codes are used almost everywhere when renting a car or bike, we just open the phone, scan and the mode of transport becomes available for use, anything is available for rent, even a battery, even an umbrella.
“It was a hot May day. Seven-year-old Wang Jiaozui came out of school and saw his grandfather, who came to pick him up. He was standing in the sun, and his shirt was soaked with sweat. Jiaozui invited the grandfather to buy a cold Cola in the shop, but he forgot her purse at home. It turned out that this is not important — the boy took his grandfather’s smartphone and called the payment app with a QR code on the screen.” ©
What to say if QR codes are used even to identify entire farms. By pasting QR codes on farm buildings and then scanning them, government inspectors can quickly figure out who owns the building and whether its owners are violating any laws.

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We must be on the trend! Now a special library generates QR codes for the desired page, any tab on the site tkeycoin.com in Chinese and Korean-accompanied by a QR code that leads to the requested page: fast, convenient, and simple.
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Providing this opportunity to our colleagues and future users of Tkeycoin from Asia is a friendly approach and most importantly, a strategic step on our part. After implementing QR codes, we are undoubtedly drawn into the convenience of this function, which we recommend to You:) If you like it, we will make QR codes on the Russian and English versions of the site.

Buying and withdrawing cryptocurrency to a Bankcard


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On the site, you can now buy Bitcoin for pound, dollars, euro, and any other currency. This is a powerful automated service for instant exchange of fiat currencies for cryptocurrencies. The system works around the clock and seven days a week, allowing everyone to conduct exchanges at any time of the day and in the shortest possible time.
Withdrawal to a Bank card will be available until the end of the month, we finish the details, the page is available now, and the withdrawal itself will be activated during this week. You can buy Bitcoin, Ethereum, or any other currency right now.

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These features are the future for the function of purchasing any product or service for TKEY at any point of sale, which will form the basis of the mobile app, quickly, conveniently, and most importantly, observing the letter of the law.
All we do is build an Empire that is being built before your eyes. Every service and product is connected, so any update promises the appearance of even more cool and effective features than before.

Buying cryptocurrency for pound, dollars, euros, and other currencies

At the end of February, we told you that we are working on building a payment service that will include the provision of services: buy cryptocurrencies, sell a cryptocurrency, withdraw cryptocurrency to Bank cards, etc.
This day has come, now you can buy Bitcoin (BTC), Ethereum (ETH), Tether USDT, Basic Attention Token (BAT), Algorand (ALGO), Tron (TRX), OKB (Token Okex.com).

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The purchase is available in any currency: Russian ruble, US Dollar, Euro, British pound, Ukrainian hryvnia, Indonesian rupiah, South Korean won, Japanese yen, Turkish Lira, Argentine peso.
As you can see, the currency corridors are quite extensive, which allows you to make exchanges fast and at a favorable rate. Just choose the right pair to exchange or buy, available fiat currencies: RUB, USD, EUR, GBP, UAH, IDR, KRW, JPY, TRY, ARS, available cryptocurrencies: BTC, ETH, BAT, USDT, ALGO, TRX, OKB.
Even if this wide list does not include the currency you want to buy, such as Bitcoin or USDT, it’s okay — the service will automatically convert your currency into the payment currency and the Bank will make the exchange. Exchanges take place within 1–3 minutes, it is enough to pass quick verification once, which allows you to work with a volume of > 15,000 euros per month.

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Exchange of cryptocurrencies for pound, dollars, euros, and withdrawal of Bankcard

In addition to the fact that you can now easily buy a cryptocurrency for fiat currencies, pound, dollars or any other, during this week we will finish work on the withdrawal to a Bank card and you can easily withdraw your profit to the card, the most important thing is that this is a completely legal method, and all operations pass through banks and jurisdictions where work with digital assets is legalized.
This means that when you buy or make a withdrawal to the card, you get legal funds that are credited to you by the Bank or payment system.
If you are used to working with effective tools that work in a new way, or rather correctly and legally, then this service is for you. Fast crediting, easy exchange, a large selection of currency pairs, that’s what the company is betting on.
We work with the most reliable third-party partners to make your cryptocurrency process easy and convenient, and most importantly safe for You. The service supports plastic and virtual Bank cards VISA, MasterCard, MIR, and other payment systems for fast payment processing.

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On the exchange page, you can choose any currency pair to exchange in the opposite direction, for example, GBP to BTC or USD to BTC. Choose a suitable pair for exchange, available fiat currencies: RUB, USD, EUR, GBP, UAH, IDR, KRW, JPY, TRY, ARS, available cryptocurrencies for exchange: BTC, ETH, BAT, USDT, ALGO, TRX, OKB.
How it works
When buying cryptocurrency for the first time, your Bank reserves (holds) the requested amount, then this amount is transferred to the authorization waiting state. As soon as the Bank freezes the fiat funds, the service fixes the exchange rate at the time of creating the application, reserves the cryptocurrency, and provides you with 30–40 minutes to complete verification. After successful verification, the service charges cryptocurrency to the wallet.

Quick verification

Verification takes 2–3 minutes and requires only one time to perform operations every day. The “Know Your Customer” (KYC) procedure is necessary to exchange cryptocurrencies for fiat currencies.

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As you understand, you need to pass verification 1 time, regardless of whether you withdraw funds or buy currency, after passing verification, all services are available to You without any further confirmation.

New currency

Support for other currencies, including TKEY, will be added gradually and highlighted through service updates. As for the TKEY exchange, it will become available in exchange services after listing on the exchange. Listing on an exchange allows you to automate the exchange process, link the necessary services, and most importantly, the exchange provides liquidity, which is key when we talk about exchanging for a particular currency.
We will tell you more about the operation of the service and its advantages, chips, in a separate material dedicated to the withdrawal and purchase of cryptocurrencies for fiat currencies, as well as touch on various banking issues and tell you how you can combine the SWAP service for more efficient exchange and withdrawal to the card.

Charitable activity

By making an exchange or purchase of cryptocurrency, you help children and people who need our help. We deduct 0.1% of the profit from each transaction to charity funds.
This is the fastest and most comfortable way of charity, which allows you to bring together people who are not indifferent to other people’s problems. TKEY enables people to do good deeds, and the resulting turnover profit of 0.1% is sent to charity funds every month. Together with You, we create new opportunities for people in need who need help — “Big things have small beginnings”.
How does it work?
You have made an exchange or purchase operation, the company has accumulated the volume of these operations for a month->the company has chosen a charity Fund->sent funds to the charity Fund’s account. Priority charity funds are children’s aid funds. You can always suggest a candidate for a particular Fund by sending a message to [[email protected]](mailto:[email protected]).
Why do we write Funds and not a Fund?
This is the first launch of the service, so depending on the monthly volume, we will focus on distributing funds to one charity or several. For example, if we have accumulated $ 10,000, we can distribute $ 5,000 to 2 funds. if we have accumulated $ 100, it is logical that we will only send this amount to 1 Fund. With the development of the service, we will be able to focus on several funds, which we will actively help due to the received volume.

New sections, improvements for existing services

Menu logic and site structure

The menu logic has been revised. now more items are available on the menu and they are divided into sections. Navigation through the sections has become much easier and more convenient. for some sections, QR codes are available for Russian and English-speaking audiences, and for representatives of Asian countries, all sections are available by QR code.

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TKEYSPACE Promo Page

New blocks were added, the entire page was fully localized and is available in Chinese, Korean, English and Russian, and QR codes were added for easy navigation for the Asian audience.

Documentation for the exchange

We have already mentioned that there is a section for exchanges with the necessary documentation for listing, now it is available in English. In the next updates, it will be translated into Russian, Chinese (Traditional and Simplified), and Korean.

Market Data (Coin Data)

The market data section has been optimized for mobile apps. Charts are expanded and optimized page borders for most mobile devices, and you can search for cryptocurrencies and tokens that interest you.

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FAQ

Added answers to frequently asked questions in various sections of the site, You can find the information directly on the section page, for example, TKEY-QT, SWAP or Core. Right on the page there is a FAQ section, in which we disclose answers to questions, for example: How are You going to solve the scalability problem, or why did you choose Phoenix as the logo and symbol of the project, or how do you exchange cryptocurrency for pound or dollars? As you can see, you can get answers to different questions, depending on the topic of the site section.

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Footer

For convenience, the site’s footer has been expanded and new sections (quick tabs) are included, which are also available in the QR-code format. In addition to various details, the footer is now accompanied by the company’s coat of arms — the Phoenix, which is the symbol of the entire community, the Phoenix Alliance.

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Page 404

Added page 404, which is also an integral part of the site. now when you go to a non-existent site page, all the necessary menu items are fully available to us, which will quickly Orient You and direct you to the desired section.

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What is waiting for us in the nearest future?

In addition to various improvements, connecting services, our team has been working every day on other main areas of the Tkeycoin project, which are already being prepared for the next release and we will tell you what updates, what plans, events, and what else will be interesting this year.

Online conference with management

An online conference in question-answer format will be organized. The main task of the conference, in addition to questions and answers, is to discuss plans, talk about new directions, touch on issues of legislation, and analyze current issues of users.
The online meeting format will allow you to get feedback and discuss a large number of issues in a short time. Questions related to technical support and other questions that can be answered through the administration will not be discussed.
The meeting involves the development, constructive, and suggestions from users for further development of the Tkeycoin project. If you are interested in participating in the conference, you can also make business proposals during it, please use the time to your advantage. We work for you.

New content: reports, new categories, useful information

Based on user feedback, we introduce new categories to our content plan:
Reports This section will be accompanied by information about the work done by the team for the month, the format of submission — abstracts, highlights. This format will help establish feedback between users and developers.
Question-answer
In addition to the content that we produce ourselves, users have questions that arise during the process of working with the project’s services, as well as during interaction with the project itself. To avoid making guesses and making up stories, we have introduced the question-answer category.
Users ask questions in comments, and the company prepares answers based on the questions and they are published in the post. Depending on the number of questions, the post generates all the answers, or the post is divided into parts if the number of questions for the past period was the largest. In addition to asking questions, you can make suggestions to the project, for example, about new features or directions.
This format also builds feedback and helps to improve all services. the most important thing is that it can not only help us but also you, as the offer and questions will help you focus on the tasks that the end-user wants to see.

TKEY-POOL (Tkeycoin pool)

We are completing the work and debugging of the official pool for Tkeycoin, this is a completely new approach for mining Tkeycoin. The pool will feature higher performance and stable architecture, a light interface, and objective commissions.
A pool is a highly loaded system that works 24/7/365, it turns out that such a product hides a sufficient number of lines of code and, most importantly, is built on a reliable architecture that can withstand +50000–100000 miners, not to mention the number of connected devices for this number of miners.
A cryptocurrency pool is a combination of the hardware power of many miners at once to increase the probability of finding a block. The reward for a block obtained by the pool is distributed among all participants.
The TKEY pool is developed taking into account the features of the Tkeycoin blockchain, including multi-blockchain, transaction model, hashing, blocks, and other nuances that are an upgrade of the blockchain among others. Together with the pool, the TKEY network is being tested: high loads, attacks, and other tests that show positive results, proving that the TKEY blockchain can work under any loads and is protected from attacks.
Our task was to: 1. Stable system for handling high loads; 2. Adaptation pool for any software; 3. Connecting any hardware for mining cryptocurrency Tkeycoin; 4. Fair remuneration calculation; 5. Security.
The main goal is for any user, regardless of the software and hardware used, to be able to connect to Tkeycoin mining via a pool. The first releases will be accompanied by a simple user-friendly interface, easy connection, instructions for various mining programs that can be connected.
In future releases, we will optimize the operation of the pool, add new features, as well as tracking functions and other nice things. any suggestions from miners and the community are interesting to us and will be implemented, so do not hesitate to send your suggestions after the launch.

TKEYSPACE updates


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Work on the TkeySpace mobile app is also not standing still. We will soon release updates for TkeySpace on Android and iOS.
This release is a complete transition to the most stable version of the mobile wallet. This means that after the update, even with the largest changes, the user will not need to completely reinstall or restore to use the new features, as before, just update the app via the AppStore or GooglePlay.
Between the previous update has been a sufficient amount of time, on average, updates are released once a month. This update will be one of the major ones. We are finishing work on the code to prepare the app for the new features that will be available this year. Besides, we are improving the app’s logic, data processing speed, optimizing the code, restoring order, and preparing for the global market.

Exchange, purchase of cryptocurrency and withdrawal to the Debit/Credit Card


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In addition to pleasant optimizations, the app will display the exchange and withdrawal to a Bankcard, tab with an optimized page for exchange, withdrawal, and the purchase will be available directly in the mobile app. This upgrade will also capture the cryptocurrency exchange SWAP page, which can be evaluated after the update. Other features and new features will be announced by the developers immediately after the release.

SWAP Update

The development team is finishing work on optimizing the SWAP service. Regardless of updates, it is available in working mode 24/7/365. The team is working on improving the operation, optimizing the page, changing the interfaces, improving navigation, and speeding up query processing. This update is also among the upcoming ones, along with the pool, mobile wallets, and other news that will excite.

Network Statistics

In the network statistics section, there are several sections that will be fixed — this is the hash rate of the network and the volume of Tkeycoin. Now the volume of Tkeycoin is displayed by mTKEY, and the graph itself indicates M TKEY, the user may incorrectly understand the volume of transactions in the network, so, given the current volume, it is advisable to switch the display to TKEY, and in the future switch to mTKEY for large volumes.
TKEY is divided into cryptograms (CryptoGramm, cgr), uTKEY (keys), and mTKEY. 1 TKEY = 100 000 000 cryptograms. 1 mTKEY = 100,000 cryptograms. 1 TKEY contains 1000 mTKEY. 1 mTKEY = 0.00100000 TKEY 1 uTKEY =100 cryptograms 1 TKEY contains 1,000,000 utkeys. 1 uTKEY (keys) = 0.00000100 TKEY 1 cgr = 0.00000001 TKEY

Cryptocurrency Exchange

This issue has become the cause of mass discussions, disputes, investigations, the subject of memes, kitchen, and online conversations, that just did not happen, that TKEY is not taken anywhere, someone made guesses that we are waiting for everyone to run away, or TKEY is a world conspiracy and around some actors, you can write a book or shoot a great series, not worse than Breaking Bad.
Jokes, jokes, but the question is serious. Since the 4th quarter of last year, the company has been actively working on the issue of listing, prepared the necessary platform for this, held several meetings, negotiations, released the necessary products, figured out various transfers of funds to the blockchain, worked out many small things, many major issues that were behind the scenes. Everything is ready, and it’s time to start soon. This will be a surprise, believe it or not, and we will meet you on the stock exchanges :)

What other plans does the company have?

Enabling payment at retail outlets

After entering the exchange, we will actively engage in connecting payments to implement them and link them to TKEY. The plan, strategy, and legal component are ready.

Payment development

This implies the development of payments and services that will expand the use of digital currencies in the commercial sphere. Application on the territory of Russia will depend on the Federal law on the CFA, in any case, we plan to analyze the law, after its release, to find a legal way to implement payments based on blockchain and digital assets. Therefore, until the law is released, we are keeping this initiative in the future, and we will work on other jurisdictions that will support it.
We left some plans behind the scenes, because they will make the greatest impact on the market and the value of our asset, and this — likes silence.

What useful materials will be released soon?

How to effectively use the SWAP service together with the exchange and purchase of cryptocurrency from a Bank card?

We will tell you in detail how to use these 2 services, how to save on payments and purchases, how to exchange tokens that are very difficult to exchange, how to quickly get money for them to the card, and much more.

The law CFA

Our opinion about the law of cryptocurrencies in Russia, what to pay attention to, what to prepare for, how to act if there is a complete ban. Let’s talk about legal nuances and banking practices.

TKEY blockchain

In this material, we will talk about the blockchain, analyze the issues of the system, expand the questions on attacks, payment processing, and touch on the system of multiple chains. The article suggests your suggestions, perhaps someone will have ideas that we will implement in the chain.
At the end,
Don’t forget to ask questions in the comments or send suggestions to [[email protected]](mailto:[email protected]) we will be happy to respond and consider your requests for any of our services. Collaboration, feedback, help us make the whole platform better.
Thank you for being with us! Until new meetings, stay tuned for news, updates, because the most unexpected news comes spontaneously.
submitted by tkeycoin to Tkeycoin_Official [link] [comments]

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