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Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
đ° Exchanger reserves: why is this important? Reserves mean the total amount of funds on the account of the service, which allows you to freely exchange in different directions. At BestChange, all exchangers have reserves of at least $ 10,000 in dollar terms. Even though famous and popular exchangers have much more substantial reserves, for separate directions reserves can be low and not overlap due to the specifics of payment systems. â Why do you need to pay attention to the reserves of an exchanger? Itâs simple â an exchanger wonât be able to pay the request the amount of which exceeds its reserves for a specific payment direction. For example, if the reserves are just 10 000 WMZ, you wonât be able to sell cryptocurrency for 15 000 WMZ. Thatâs why you should always pay attention to this indicator when you are choosing a service with the help of the monitor â it is reflected in the table, you use the tab âCalculatorâ where the reserves are indicated automatically and the search results can be filtered. We try to keep the relevant information updated and demand exchangers to timely update information about reserves. -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
How BestChange selects exchangers to add to its listing đHow do we choose what exchangers to add to the listing? We receive a large number of requests to add exchangers to the BestChange.com monitor. We, in our turn, have strict requirements that the service must meet. The safety of the users is our utmost priority. Here are just a few key parameters BestChange.com pays attention to in order to make a decision: â Duration of successful work â half a year minimum. There can be exclusions, for example, if an exchanger is launched by a famous exchange or another service. â Functionality of the website must include a request form available without registration, affiliate program and full-fledged English version. â Total reserves must be not less than 10 000 dollars. â Protected HTTPS connection. â Contacts via which users can get in touch with the website creators. In separate cases, we ask the owners to verify their identity. â The design or name should not imitate the already added exchanger to not confuse clients. Every listing request is thoroughly and manually considered. We do not work with exchangers that have a bad reputation on the Internet. You can also hold your own analysis â click on the number of reviews in the table for selection of an exchanger, then you will be transferred to its page and will learn more detailed information, including the length of its work and the country of registration. -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
đ°Lucrative exchange: several life hacks BestChange.com monitor is constantly being improved so that users can get the best possible exchange results. Several additional tools when choosing exchangers will help you do that. For example: đžHaving chosen an exchange direction, you can go to the âCalculatorâ tab and calculate straight away how much you will get when exchanging a certain amount (including commissions of payment systems or without them). The calculation results will be shown in the list of exchangers, which will make the choice easier and clearer. đžIf for an exchange direction you need there are no exchangers, use the function âDouble exchangeâ â moreover, it is often profitable. Operation through a transit currency can also be calculated with the help of a calculator, with commissions of payment systems or without them. đžThe tab âStatisticsâ will help make a decision. Here you can view the graph of the rate changing, popularity of an exchange direction and total reserves for it. Sometimes, when an exchange is not very urgent, it makes sense to postpone it to a better moment. đžOn the tab âNotificationsâ, you can set notifications for email or Telegram when an offer for exchanging on your conditions appears. We watch and update information for rates in all exchangers every 5 seconds, that is why we vouch for their being up-to-date. All you need to do is your own analysis which will guarantee the best results. đ -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
BestChange affiliate program đ€Today we will tell you about our affiliate program â perhaps somebody still doesnât know about it. Collaborating with the monitor, you can get up to $0,65 from each attracted user and withdraw funds from $1. Register with the help of a simple form, and we will provide all the necessary promo materials for promotion. The program is especially lucrative for owners of popular websites and for those, who actively communicated on the thematic forums. We pay rewards for the following referral actions: đ¶First visit of the monitor. đ¶First usage of the website. đ¶Return to the website in 3, 7, 14 and so on up to 120 days. đ¶Registration of referral in our affiliate program. đ¶Attraction of another referral by your referral. Rewards are credited in dollars, and paid to various electronic wallets â yooMoney, QIWI, Payeer, Perfect Money, ADVcash, as well as in BTC cryptocurrency. The effectiveness of your earnings depends on the quality of the promotion. Talk about the benefits of the monitor, there are really a lot of them, so you donât have to embellish the reality. -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
BestChange has the best bitcoin faucet đ§Did you know that BestChange.com has its own bitcoin faucet? More so, it is objectively one of the best in the market. No need to put up with annoying ads, the danger of catching a virus is completely excluded, there are no redirects to other websites. Let us tell you how to use it: ⶠIn the bottom left part of the page (under the list of payment directions) select the item âBTC faucetâ if you havenât selected it yet. â¶Enter the Bitcoin address which you can find in your cryptocurrency wallet. â¶Solve the captcha to prove that you are not a robot â¶Click âClaim free Bitcoinsâ ⶠBetween 1 to 100 satoshis will be credited to your inner balance. You can repeat the action in 60 minutes. â¶After you collect 2000 satoshis, you can withdraw them to your wallet. The registration on the website is not required, bitcoin-address passes for an account. Please be advised that the wallet cannot be changed, otherwise you will have to collect the minimal amount all over again from the scratch. You can share your referral link to increase your income: +10% from each payout of the referral. Every day we pay out up to 400 000 satoshis. Have you tried this feature already? -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
Handy features of BestChange.com you may not know about â Today, we are going to tell you about several useful features of BestChange.com you probably didnât know. Meanwhile, these tools can make using the website even more convenient and profitable. đ±Double exchange. Select a currency pair and then click on âDouble exchangeâ over the list of available options. It is a good option to find exchange ways if, at the moment, there are no exchangers for the direction you need. Moreover, using double exchange, you can get a more lucrative result. For example, instead of exchanging Bitcoin directly to Visa/MasterCard USD, you can first exchange it to USDT, and then USDT to Visa/MasterCard. Make sure you check this option if it is important for you to minimize losses. â E-mail and Telegram notifications. Having chosen an exchange direction, select a âNotificationsâ tab. You will be able to set the desired exchange rate, available reserves, as well as the term of order annulment (up to 3 months). And we will send you a notification to your e-mail or Telegram as soon as a suitable offer appears. You donât have to watch the rates manually now; you can entrust it to automated decisions. đCurrency converter. Click on the link âConverterâ at the bottom of the page. Here you can have a look at currency and cryptocurrency in relation to each other â it is very convenient if you do not want to change the funds but just want to know the exact exchange rate. We take information from the leading trading platforms. -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
How BestChange.com guards your anonymity when making financial transactions đ±âđ€Anonymity is one of the most important and valuable things on the internet. It means that nobody will learn information about you that you donât want to provide. Especially if this information is about finances. The majority of exchangers are anonymous and do not require a customer to specify personal information. In rare exclusions, you may be asked to verify your bank card. Monitor BestChange.com also provides the maximal confidentiality: đYou donât need to register. After you visit the website, you can start selecting an exchanger straight away. đVerification is also not required. We do not offer financial, custodial or payment services, which means we do not store usersâ funds or engage in transactions. Thatâs why KYC/ AML requirements do not apply to us. đWe track exchangers that require card or other user data verification and display corresponding icons next to their names. đWe do not store personal data about clients and do not transfer them to anyone. Personal data includes, for example, an e-mail that you provide when contacting technical support or analysis of user behavior when entering captcha. If you need anonymity on the internet and when making financial transactions, please pay attention to the condition of each specific exchanger. We, on our side, are doing our best to reflect any changes in their policy. -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
Using BestChange.com is as easy as pie to find the most profitable exchange rates đžThere are no doubts that the monitor is an effective way to watch profitable rates of exchange. But sometimes somebody prefers to use the same exchanger only because they think that the monitor is a hassle and waste of time. Today we will prove that using BestChange.com takes no more than a minute. How to work with the monitor: 1ïžâŁVisit BestChange.com 2ïžâŁIn the column on the left choose the currency you give 3ïžâŁTo the right, select the currency you get 4ïžâŁYou will see all the offers for this exchange direction. Select the best one 5ïžâŁVisit the exchangerâs website clicking on its name. Exchange the money 6ïžâŁ If you have time and wish to do so, return to BestChange.com and leave a review â this will help other users As a result, you have done just a few clicks, but have received the best exchange rate possible, consequently, you have saved up. Exchange rates in exchanger constantly change, we update this information every five seconds, so rest assured of its relevance. BestChange.com doesnât require registration or verification. The process of rates comparison is fully automatic and includes commissions. You can sort exchangers by needed parameters, in particular, by location for exchanges with cash. On-line technical support will help with any questions. -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
How BestChange.com protects you against the risks associated with cryptocurrency exchanging â In BestChange.com listing there are around 250 exchangers, each of them is checked using dozens of parameters. But there are also hundreds of exchangers that cannot prove their security. Why shouldnât you use their services? Letâs view the main risks. âFirstly, they can simply not pay you. This is the most straightforward type of fraud, which is, unfortunately, very common. When the websiteâs reputation will be completely spoiled, the threat actors will simply create a new domain and continue their work. âSecondly, there can be hidden commission. You see one amount when creating an order, but in the end, receive an absolutely different one. You wonât be able to prove anything, as the regulation of crypto exchangers is still very weak. And if information about commission is written somewhere in a small font, you wonât be able to fight for your money at all. âThirdly, technical mistakes. If an exchanger is new, and even if its creator wasnât going to trick anyone, you still can lose money due to technical imperfections. By the way, all exchangers listed on BestChange.com, have been working for at least six months, which means that such situations are highly improbable. âFourthly, there is such a common type of fraud as phishing. A domain with a name similar to the name of a popular exchanger is created. The design is also made similar. To avoid such risk, you need to go to the exchanger directly from BestChange.com and not through side links. Do not risk, use the monitor BestChange.com, because itâs absolutely free and very convenient. -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
How the BestChange.com monitor adheres to the principles of transparency đČEconomy and convenience are two key benefits that the use of BestChange.com brings. To save up maximally, we adhere to the principle of transparency. Having chosen an exchange direction, you will see a list of exchangers that support it, sorted by rate. The rates are updated every 5 seconds, so they are always relevant. At the same time, you can notice that when updating the page, exchangers change their places, some become more profitable, and others vice versa. The rate in an exchanger depends on several factors: đ°The relevant market rate for the trading pair. It is taken by exchangers from crypto exchange platforms, such as Binance or Poloniex. đ°The commission of an exchanger. As a rule, it is not specified directly but is included in the rate. That is why it is most profitable to select exchangers via the monitor. đ°The amount of exchange. Some exchangers levy additional commissions for an exchange of specific amounts, for example, up to 100 USD. In this case, the largest rate possible is indicated in the monitor. The service must issue a warning about such nuances at the time of creating an order, this is one of our requirements for exchangers. When choosing, please pay attention to the icons next to the name of an exchanger (see the picture) â there can be important information. For example, whether the rate is fixed at the moment of an order creation â this is very important because during the order processing the value of the currency can significantly drop and you will receive not what you expected. We try to provide all the information that can be important for you. Please choose attentively, and then the losses on currency exchanging will be minimal. -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
âSituation: you need to exchange money for a rare direction (for example, AdvCash TRY for Solana, like in the picture), and your favorite exchanger does not offer such an option. What to do? There are hundreds of exchangers in the world, and it is impossible to visit each of them and check whether they have the exchange direction you need. To avoid such a problem, BestChange works for you. The wide range of currencies and payment systems allows choosing exchangers for any occasion. Choose the currency you give, and you want to get, and even if there is a single exchanger where you can perform such an operation, you will find it. Currently, there are over 200 reliable exchangers in the monitor â we watch over their compliance with the rules and take all necessary measures for the safety of users. You can also visit the section âPopularâ and, in one click, select the needed direction in order not to search for it in the list. For example, today, these are the top directions by the searches: Tether TRC20 â PM PayPal USD â Perfect Money USD Visa/MasterCard USD â PM There are thousands of possible directions. As a result, you receive an opportunity not only to find exchangers supporting the required currencies but also to select the most profitable among them. We wish you a smooth exchange! -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
âBefore the monitors' launch, the process of selecting truly profitable offers among exchangers took a long time. You had to open every website, select the required exchange direction, enter the amount, check how much it will result in. And what if on top of that, exchange rates change every minute? BestChange.com monitor became a solution for people who value their time and do not want to miss the best exchange rates. The website accumulates all the market offers in one place, and their comparison is automatized. 1. Select the source currency on the panel on the left. 2. Select the target currency on the panel on the right. 3. Study the list of exchangers that support this direction. 4. Now just select the most profitable exchange rate and go to the exchangerâs website. Everything is so easy and only takes a few seconds. We just help save time â the primary human resource â so you could spend it in a better way. We recommend making a habit out of using BestChange; we are confident that you will appreciate the comfort that we create for you. -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
Do you agree that you can only trust your money to such services that have earned the trust? Letâs talk about indicators to choose exchanges and the role of the monitor in this. BestChange.com does a due compliance check of all exchangers before adding them to the website, and later on continues watching over their reliability and reputation. Thatâs why the risk for the users is minimal. To keep good relationships with the large monitor, exchangers try to timely solve the problems the users write about in complaints. Some pieces of advice when choosing exchangers through BestChange.com: If you see negative reviews, please check whether the exchanger has responded to them and whether the problem was solved. Please pay attention to the duration of exchangerâs work. As a rule, we do not add exchangers that have been working less than half a year, but the longer the exchanger has been successfully working, the better. Please pay attention to the available reserves â the large amount of funds for all exchange directions guarantees that the money will be enough for everyone. Sign of the quality of the exchanger is an additional check and official registration. Please study this information together with usersâ reviews, working condition of the website and the current status on the monitor. If you are selecting an exchanger on your own, without our help, we recommend studying at least three factors. Firstly, check the service in blacklists and read the reviews about it on independent platforms. Secondly, check the data of domain registration on Who.is. If the domain is only a few days old, give such an exchanger a wide berth, however attractive rates it would offer. Thirdly, the domain must not be located on a free hosting. Please be careful and happy exchanging! -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
đ° How does the monitor help save up? If you often exchange cryptocurrency or fiat money, then most likely you have chosen one reliable exchanger for yourself. This makes sense, especially from the viewpoint of convenience. However, this approach does not always give the most profitable results. And if you still donât have a favorite exchanger, then it is crucial to make the right choice. What is needed for that, first and foremost? Correct, the relevant information. Any information gets old with time, but in case of trading rates it happens in a blink of an eye. Prices in exchangers are made up of the current market exchange rate and the markup of the service itself. Cryptocurrencies are extremely volatile, hence such fluctuations in exchange rates. â Using monitor, you will always find the most profitable option to buy or sell, and as a result, you will considerably save upâ Every second BestChange monitors and updates rates for all exchange pairs (there are more than 200,000) and for each exchanger, which there are now 247. This means that at any time you can go to the monitorâs website and see the best deals for the currency pair you are interested in. We guarantee that all exchangers that you see in the list are working. We have strict requirements for listing, and after listing we continue checking the services for performance. We also recommend reading the reviews. -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
JPMorgan lowers BTC fair valuation from $150,000 to $38,000 JPMorgan analysts believe that the high volatility of the asset is hindering the adoption of the main crypto-coin by institutional investors. Thus, experts explained the decrease in the fair value of BTC from $150,000 to $38,000. âOur previous forecast that the bitcoin to gold volatility ratio would drop two times by the end of 2022 seems unrealistic. We lower the fair value of the first cryptocurrency based on this proportion to 1/4 of $150,000, or $38,000,â the report says. A year ago, investment bank analysts stated that the theoretical long-term goal for the value of the first crypto coin would be $146,000. JPMorgan announced the convergence of BTC volatility with gold volatility. Experts also assured that the generation of millennials will be the driver for the adoption of the main digital asset. JPMorgan now believes that âopen interest in futures and the volume of exchange balance sheets indicate less panic or liquidation of positions than in May last year, especially in relation to large crypto investors.â Q9 Capital Managing Partner James Quinn spoke about a significant influx of clients to the crypto platform. He attributes this to the desire of investors to acquire digital currency at a low cost. According to him, âsome people actually see this as an opportunity to buy bitcoin at a lower price than a few months ago.â Quinn believes that the market drop may be due to the increasing correlation of the BTC rate with traditional assets. âAs more people come out of traditional finance into this space, more new investors are coming in. Over time, they will own both digital assets and all types of traditional assets,â said the crypto enthusiast. Do you agree with James Quinn's prediction? -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
Expert believes that there is a bias towards digital assets A fairly small percentage of cryptocurrency assets are used in illegal transactions, as stated in numerous studies. This opinion was expressed by the former head of Coinbase, the current head of Figure Asiff Hirji. He is sure that the requirements of regulators for digital assets are overstated. âIf we apply the rules that are used today in relation to the regulation of cryptocurrencies to all global payment mechanisms, our money will become completely illegal. No country will allow the circulation of funds,â the expert said. According to Hirji, cryptocurrencies can significantly reduce transaction costs. Interestingly, as early as last year, the media, citing former intelligence officer Michael Morell, wrote that the extent of the use of BTC in illegal operations was greatly exaggerated. The requirements of regulators for crypto projects and the recent fall in the market do not scare investors from MicroStrategy Inc. Its chief financial officer Phong Le said that the company plans to continue to invest in bitcoins. âOur bitcoin strategy comes down to Buy&Hold. Therefore, if there is excess cash flow or other ways to raise funds, we continue to invest in the first cryptocurrency,â said the top manager. He did not announce specific plans for the purchase of the main digital coin for the current year. But according to Le, MicroStrategy, which has about 124,000 bitcoins worth more than $4.6 billion, does not intend to sell its crypto assets. The investment company ARK Invest believes that by 2030 the BTC rate may rise to $1.36 million, and the capitalization of ETH - up to $22.5 trillion. Analysts explained their forecast for bitcoin with the hope of its legalization by various countries as a payment instrument and the growth of the relative share of cryptocurrency in the capitalization of global assets. Experts pointed to the "healthy" network metrics of the BTC blockchain. In particular, they noted the growing number of accumulating bitcoin addresses and the coins they own. And what do you think about it? -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
The US Securities and Exchange Commission may tighten control over crypto projects The chairman of the SEC, Gary Gensler, is concerned about the reluctance of cryptocurrency platforms to cooperate with regulators. The official hopes that in the near future companies will begin to build effective interaction with local authorities. Gensler said that compliance with US laws by crypto projects means a lot to clients of such firms. And only thanks to the control of regulators over the platforms, their investors will be able to feel protected by analogy with the protection of the interests of security holders. âIâve asked the SEC staff to look at every way to get these platforms inside the investor protection. If the trading platforms donât come into the regulated space, itâd be another year of the public being vulnerable,â Gensler said. The head of FINRA, Robert Cook, said that the organization plans to consider a possible tightening of the conditions for the sale of digital currencies. The structure that controls the brokerage will focus on advertising services in the field of crypto assets and data disclosure. FINRA will not make sweeping changes to the rules, but plans to issue notices. They will talk about the existing norms and how they should be developed for the high-quality protection of the interests of investors. In the field of cryptocurrencies, FINRA is ready to consider additional criteria for situations related to the purchase of unregulated products, in particular digital assets. "We're not going to fundamentally change the current rules or regulatory structure - that's what the SEC and other federal agencies are doing," Cook said. âHowever, our partners are investing significant amounts in new cryptocurrencies with high volatility. The new rules will help us keep investors safe.â What do you think of the regulators' initiatives? How will this affect market participants in the future? -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
Fidelity Digital Assets: the authorities of the states opposing the main cryptocurrency will be forced to invest in BTC in the future Governments in countries that do not currently believe in the value of bitcoin will have to consider buying BTC as an insurance tool in the future. This conclusion was voiced in Fidelity Digital Assets. According to the analysts, this year an active period of adoption of the first digital currency by various states will begin. Over the past two years, institutionals have begun to develop a new type of asset. The experts compared the sanctions of the Chinese authorities on cryptocurrencies and the approval of bitcoin by El Salvador as a legitimate payment instrument. âTime will certainly show which way is more successful,â the experts noted. Fidelity experts do not believe in the option of a direct ban on bitcoin by most states, since in this case they will âlose a significant part of their wealth and opportunities.â Analysts are confident that other countries will follow the example of El Salvador. âVery high-stakes game theory comes into play here â if adoption increases, countries that receive bitcoin today will be in a better competitive position than those who delay. In other words, small costs can be paid today as a hedge against potentially much larger costs in the future,â the experts explained. Specialists of the investment company Invesco also spoke about the main crypto coin. The fall of the BTC rate from the historical maximum of $69,000 to $42,000 is considered by them to be âdeflation of the cryptocurrency bubbleâ. The experts have suggested that the price of bitcoin may continue to decline. The company announced this in the list of "incredible, but possible" results of the current year. We are talking about events that, according to Invesco analysts, should come true by at least 30%. The drop to $42,000 earlier this year is absolutely in line with the bubble pattern, experts say. The trajectory suggests that bitcoin will lose about 45% of the price within 12 months after the peak period. âThe pattern also suggests that the bubbles typically deflate over the next two years. Therefore, we think it is not too difficult to imagine Bitcoin falling below $30,000 this year,â the experts said. Whether the forecast of Invesco analysts will come true, we will find out very soon. -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
Will the main crypto coin reach $75,000 by the end of this year? The head of the SEBA crypto bank, Guido Buehler, announced a forecast according to which the price of bitcoin will rise to $75,000 by the end of 2022. He made such a statement during the Crypto Finance event, which took place in Switzerland. âOur internal valuation models point to a price between $50,000 and $75,000. I am quite sure that we will see this level,â the expert noted. According to Buehler, institutional investors can influence the growth in the value of the first cryptocurrency, the only question is timing. In addition, he stated that BTC volatility will be high, but the digital asset may reach new all-time highs this year. Earlier, the bitcoin rate rose to $44,500. Analysts attribute this to the data of the US Department of Labor, which reported a record increase over the past four decades (7%) in consumer inflation in the last month of last year. According to Coinmarketcap on January 16, BTC was worth about $42,800. According to Alfacash CEO Nikita Soshnikov, there is a strong possibility that next week crypto market players will see a moderately bullish mood. The crypto expert believes this trend will help keep the price of BTC above $42,000. However, the cost of bitcoin will not rise above $46,000, since the coin lacks fundamental indicators for such growth. âThe most likely scenario is that bitcoin will continue to fluctuate in the range of $42,000-46,000,â Soshnikov predicted. He believes that the next wave of volatility in the cryptocurrency market may occur in mid-March. It is then that the US should raise the key rate. The head of Alfacash said that at first the cost of the first digital currency could drop sharply, but then BTC has every chance for a quick recovery and growth. And Andrey Podolyan, CEO of Cryptorg, is sure that the resistance level is at $45,700-46,000. According to his forecast, it is unlikely that BTC will be able to break through this level in the next week. Which expert do you agree with? -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
What are the development prospects for the Solana project? Solana Project: Present and Future. Solana is a crypto coin, which is in 5th place in terms of market capitalization. Following a recent DDoS attack, it has emerged as the leader in network development charts. According to Santiment, SOL has become the leading blockchain in the last month. From November 12 to December 13, Solana's daily GitHub requests rose to 90, overtaking Polkadot with 76 and Cardano with 65. On December 9th, Solana's network slowed down significantly due to a DDoS attack. The developers managed to mitigate the impact without shutting down the network. However, the community was seriously alarmed by the vulnerability of the Solana blockchain. âSolana is ready to take on a DDoS attack again. This attack took advantage of the fundamental design flaws that SOL is responsible for as it sacrifices decentralization and safety for speed, ignoring the consequences of this compromise with Proof of HistorŃ & Turbine», - said the founder CyberCapital Justin Bons. Despite the concerns of the cryptocurrency industry participants about the security of the Solana blockchain, it is one of the most actively growing smart contract networks this year. The network is increasingly being chosen by projects in the field of non-financial tokens and decentralized financing. For example, Twitch founder Justin Kahn is launching Fractal, an NFT marketplace based on the Solana blockchain. The company has already agreed with gaming studios, which are ready to provide their own non-fungible tokens on the marketplace. Fractal users will be able to purchase assets both directly from platform partners and create their own NFTs. Justin Kahn claims to launch the first NFT marketplace focused on NFT in the gaming industry. "The transition to in-game assets, which are NFTs on the blockchain, will open up real ownership and new levels of interaction in games for players," said the founder of the project. Due to its growing popularity among users, Solana is often compared to Ethereum. Some members of the crypto community consider the crypto coin to be an "ETH killer". But will the project be able to guarantee the safety of its users in the future? Will SOL hold its position as one of the most popular crypto coins in the long run? -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
Will metaverse altcoins go mega popular in 2022? Analyst Nicholas Merten believes that the most attractive tokens in 2022 will be altcoins from the realm of the metaverse. The expert pointed to the Metaverse Index, which has shown higher returns in recent months than ETH. According to the analyst, investing in the Metaverse Index is a great way to reach the entire metaverse realm. âWeâve seen here that overall, the metaverse is one of the few key sectors thatâs actually continuously, over the past couple months or really the last second half of the year, outpacing Ethereum. Thatâs the kind of stuff that I want to look for as an investor. Thatâs the kind of stuff I want to buy into on a discount, and we can see that every time we get nice pullbacks here, we build the base, we start moving higher,â said the trader. As of December 13, the MVI token is at $234. In addition, its market capitalization reached $47 million, according to CoinGecko. For 3 months the price of MVI has grown by almost 170%. Merten is also confident that high profits next year can be guaranteed by DeFi and NFT. Earlier, another analyst Austin Arnold voiced his opinion on the most promising tokens from the metaverse sphere. He believes that GAIA, THETA and ATLAS will be able to demonstrate significant growth in the near future. The popularity of the fantasy game Gaia Everworld is increasing, the trader noted. Arnold pointed out that Gaia Everworld is supported by, for example, AU21 Capital, Bullperks, EnjinStarter, Polygon. And the Theta Network project, according to the analyst, is becoming an important infrastructure for the creation of the metaverse. Star Atlas continues to grow rapidly, says Arnold. Previously, it exceeded the 100 thousand mark. The trader regards this as a huge achievement for a startup. Do you think the metaverse altcoin sector is a promising investment? What is the future for it in 2022? -
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BestChange replied to BestChange's topic in Online E-Currency Exchangers
DOGE: unique story of the appearance and Elon Muskâs attention How dogecoin transformed from a joke meme to one of the popular crypto assets December 8, 2013 is considered the launch day of one of the most controversial and attention-grabbing crypto coins community. Dogecoin is a prime example of how a meme, a joke, turned into an investment asset. Programmer Billy Marcus did not conceive of DOGE as a serious project. According to him, it took the programmer about three hours to make a parody of the rapidly growing digital currencies. A meme popular in 2013 was chosen as the symbol of Dogecoin - a Shiba Inu dog named Kabosu with funny facial expressions. The slogan of the new crypto-coin was the phrase: "the digital currency preferred by the Shiba Inu around the world." Technically, DOGE is also very simple - unlike BTC or ETH, which are well-developed infrastructure and have serious functionality. However, after some retailers, medical and sports companies began to accept the meme cryptocurrency, it acquired the features of a real means of payment. Analysts believe that the development of the Dogecoin project is based on the popularity of the token among celebrities on social networks. One of them is Elon Musk, who has mentioned DOGE more than once. In October of this year, the businessman wrote on Twitter that he supports the coin, as he considers it to be a "people's cryptocurrency." The entrepreneur, according to him, before supporting the token, spoke with Tesla and SpaceX employees, and many of them turned out to be the owners of Dogecoin. Trader Justin Bennett also expressed the opinion that the value of the token could grow by more than 1000%. âDOGE does what it does best. The last two breakouts have resulted in gains of 1000% or more. The latest round of consolidation lasted 3 times longer than the period leading up to the April 1,200 percent breakout,â Bennett said. Another feature of DOGE is its high volatility, which attracts investors who are ready for the risk and instant market reversals. The spirit of adventurism, rebellion against the conservative financial system, and the meme subculture also influence the popularity of the token. As of the beginning of this December, the price of the meme cryptocurrency has dropped by almost 19% over the past week, reaching $0.17. Due to the volatility, DOGE was ranked 11th among the most popular tokens. However, this situation does not scare those players in the community. Dogecoin has every chance of breaking its own price records in 2022. -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
Cryptocurrency market is in the red after a major investor's reduction of positions in bitcoins by $500 million Last weekend, an unnamed trading company liquidated its positions in BTC worth $0.5 billion. The media note that this was a prerequisite for "aggressive" liquidations in the crypto derivatives market for $1.3 billion in a fork from $42,000 to $51,000. âEveryone has had a good year, and with this player coming from traditional finance, they have their eye on the macro environment which currently looks shaky,â explained Aya Kantorovich, CEO of bitcoin exchange FalconX. At the same time, the expert believes that the interest of investors in the market with a focus on the long term remains. Another piece of news that turned out to be negative for all players in the digital asset market was the attack on BitMart. Representatives of the company announced the hacking of Ethereum and Binance Smart Chain hot crypto wallets. âWe have identified a massive security breach involving one of the hot ETH wallets and one of the hot BSC wallets. We are currently trying to identify possible hacking methods. Hackers managed to withdraw assets worth about $150 million "- wrote the CEO of the exchange Sheldon Xia. According to him, the attack became possible due to the theft of the private key, as a result of which both wallets were compromised. The rest of the assets on the exchange are safe. Xia announced the company's readiness to compensate for the losses suffered by the clients of the platform. BitMart also promised that users will gradually be able to deposit and withdraw their crypto assets from December 7. As of December 6, according to Coinmarketcap, the price of bitcoin is around $47,000. However, the market decline does not prevent some analysts from voicing positive forecasts for the market movement. Trader Michael van de Poppe expects bitcoin to hit $69,000 by the end of this year. The analyst is confident that BTC continues to move in a bullish trend, despite the recent decline. Do you think the trader's forecast will come true? And when can we expect a recovery in the cryptocurrency market? -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
Glassnode does not believe in the correction continuation of bitcoin Experts at Glassnode consider it unlikely that the November correction of the first cryptocurrency will continue, given the significant share of "profitable" coins and the balanced market position of crypto derivatives. The most serious pullback in 2021 was recorded in May-July, when the price of BTC fell by 54% from the maximum. In September, the decline was 37%. The amount of open positions on BTC options during the last two months of autumn varied in the $12 billion - $14 billion fork before falling to $10 billion after expiration at the end of November. The experts pointed out that the funding rates for perpetual contracts indicate a certain superiority of long positions. This level declined along with the fall in value, which indicates more cautious traders' sentiments. Along with the correction, the number of open shorts could have increased, which, against the background of high leverage, does not cancel the cancellation of positions in both directions. In addition, experts pointed to the dominance of CME in the BTC futures market. With reference to open interest, the exchange's market share increased from 10% in September to the current 19.3%. Glassnode analysts recently concluded that long-term investors have adjusted the outflow of funds from their wallets and are accumulating BTC. Experts argued that the stocks of bitcoins with such investors have reached a multi-year high. Earlier, the CEO of SkyBridge Capital Anthony Scaramucci considered the latest correction of the main cryptocurrency "an opportunity to buy." He expressed the view that digital currencies have significant potential for further growth. Do you think now is a good time to buy bitcoin? -
Bestchange - BestChange.com
BestChange replied to BestChange's topic in Online E-Currency Exchangers
How the hamster and chimpanzee got luckier than professional traders The investment world is full of legends and unusual stories. Some of the most interesting cases are the precedents associated with investments in cryptocurrencies and securities by ... animals. For example, the hamster Mr Goxx (the real name of the hamster is Max) was able to make money on digital assets. Its owner designed a special cage with tunnels and a wheel that was connected to special sensors. Firstly, the animal spun the wheel, using a random selection, the system stopped at one of 30 crypto coins. When Mr Goxx found himself in the right tunnel, the currency was sold, but if he ran to the left, the tokens were bought in the amount of 20 euros. Since June 12, the hamster has increased its portfolio by 98.2 euros, which is 25% of the starting investment of 390 euros. However, yesterday the owner of the hamster posted on Reddit that Mr Goxx died last Monday. âMr. Goxx has brought joy to people all across the globe and reminded us not to take life too seriously. He shed light into dark moments of pandemic, inflation and many kinds of trouble. Thank you and rest in peace, Max. You will be missed, and your memory will live forever on the blockchain,â wrote the owner of the animal. Another unusual case was the appearance on the stock market of a six-year chimpanzee named Raven. Almost 20 years ago, he managed to collect a portfolio of stocks, just throwing a ball at the target. Despite the seeming absurdity of this approach, the profitability of the shares of the IT companies selected by the monkey amounted to 365.4%. Raven has overtaken 10 thousand American funds and became the most successful chimpanzee on Wall Street according to the Guinness Book of Records. âAs Raven did not have prior knowledge of how any particular Internet related companies have been performing, we took his ten picks and dated the prices back to the beginning of the year to provide easier year-to-date comparisons with the more traditional market indexes such as Standard & Poor's 500," stated Roland Perry, editor of Internet Stock Review. In the long run, however, the chimpanzee went bankrupt. Today, securities chosen by the animal are worth nothing. Do you think this is an accident, artificial hype or a pattern? Why do animals manage to outplay professional traders?