Binance advertising BTC at London bus stops in advance of UK launch

‘Money is evolving,’ Binance’s new ads across London state, showing four generations of coins ending with Bitcoin.

The world’s largest cryptocurrency exchange, Binance, has targeted London commuters with new ads featuring Bitcoin.

According to an Aug. 28 tweet from Binance.UK, the crypto exchange has placed new ads at 17 bus stops in London. The image shows two older generations of coins as well as a current two-pound coin used in the U.K, followed by the largest, Bitcoin.

“Money is evolving,” the ad states. “It’s time to adapt.”

Binance announced its expansion into the U.K. market in June, with a regulated exchange platform scheduled to launch this autumn. The exchange will purportedly be required to register with the country’s Financial Conduct Authority, and comply with Anti-Money Laundering and Know Your Customer practices and standards.

In advance of the launch, Binance’s British arm hasn’t limited itself to advertising. The crypto exchange recently announced it would be joining the self-regulating industry association CryptoUK as an executive member.

London has recently been the hotspot for crypto firms looking for new investors. Richard Heart’s controversial HEX token has ads plastered on London’s buses and newspapers, and was even featured during the English Premier League soccer games. Mike Novogratz’s Galaxy Digital bought a full-page ad in the U.K.-based international business newspaper Financial Times, in which Bitcoin (BTC) also appeared prominently


written by Turner Wright



Ripple’s Garlinghouse forecasts further loss of US dollar value

The wild ride of 2020 continues.

After what has been a crazy year in almost every sense of the word, businesses are left wondering how to proceed, Ripple Labs CEO Brad Garlinghouse said.

"The pandemic is throwing so many playbooks out the window," he posited in an Aug. 28 tweet. "Yesterday's action flies in the face of decades of precedent," he said, pointing toward an Aug. 27 article from the Wall Street Journal on the U.S. Federal Reserve choosing to keep interest rates low at the possible expense of higher inflation.

"Signs point to further dollar debasement in the near term (leading to further diversification of assets which will certainly be good for crypto)," Garlinghouse added.

Since the beginning of COVID-19 fears and prevention measures in March, the U.S. economy has been flipped on its side. High jobless claims, money printing, business closures and a plethora of other factors have created a giant puzzle when it comes to uprighting the struggling scene.

Interest rates and inflation hold as two tools the U.S. government has fiddled with as part of its attempted solutions. Although problems remain, a possible outcome might be further Bitcoin adoption as a viable hedge, noted by a number of participants in the crypto industry.

Comparing the asset with gold, seen as long-time store of value hedge, Gemini crypto exchange co-founder Tyler Winklevoss mentioned a possible scenario in which Bitcoin hits $500,000.


written by Benjamin Pirus


Pompliano believes that bitcoin should be included in every pension system in the future

Pompliano believes that bitcoin should be included in every pension system in the future

  • This year has been quite mental for everyone and anyone. 

  • The pandemic has taken a massive toll on our day-to-day lives and even though we are coming towards the end of harsh lockdown restrictions, the repercussions of this pandemic and recession will echo for the years to come. 

This year has been quite mental for everyone and anyone. The pandemic has taken a massive toll on our day-to-day lives and even though we are coming towards the end of harsh lockdown restrictions, the repercussions of this pandemic and recession will echo for the years to come. Specifically looking at the bitcoin and the S & P 500 index, the two have gone through a massive amount of correlation, albeit short-lived. In March, both traditional and crypto markets went to record low levels.

Although this was a short-lived Bear market as crypto assets quickly began to spike as both retail and institutional investors started to move funds away from the risk of hyperinflation due to always happening (still is happening) with the US dollar in America. The well-known bitcoin advocate and co-founder of Morgan Creek Digital, Anthony Pompliano has highlighted at the quantitative easing continuing throughout the world has left the United States in a 26 trillion debt which can play a massive role in the artificial performance of the stock markets, according to him.

He further said:

“There was an all-time high of quantitative easing announced earlier this year. Today the S&P 500 hit an all-time high. This isn’t a coincidence.”

The pension system gained less than 2% despite the growing stock market. Pompliano believes that the Fiat industry is on its way out and blues at pension systems should diversify their portfolios by holding some of the funds in crypto, specifically bitcoin.

He added:

“Every pension system should have 1-5% of their assets in bitcoin. If yours doesn’t, call them and ask why not.”

Article Produced By
Robert Johnson

Robert is a keen investor with a particular interest in cryptocurrencies. He has been involved in the industry for many years, and because of this, has gathered a lot of knowledge surrounding this area. He studied English at university level and has a passion for writing. He loves being able to combine his two mains interests on a daily basis.


Ministers used influence to pilfer millions in alleged Ponzi Scheme

They even wrote a self-help book about becoming a millionaire. Sounds like that may need to be updated.

A recent filing from the United States Securities and Exchange Commission, or SEC, takes action against three individuals for allegedly raising millions of dollars against more than 1,000 victims.

"From 2017 to May 2019, Jali, Frimpong, and Johnson, directly and through two entities created to perpetrate the scheme, Smart Partners and 1st Million (the 'Companies'), fraudulently raised more than $27 million from approximately 1,200 investors, many of them African immigrants," an Aug. 28 legal filing states.

The allegations claim the three individuals used their influence in churches and health care, preying on commonalities and beliefs of those around them for financial gain. Johnson claimed to be a minister, while Jali reportedly pastored at seven church locations, as noted in the legal document. Leading investors to believe they would make profit on crypto and Forex on their behalf, the accused parties allegedly claimed themselves as experts, promising to give back initial invested capital one year later.

The filing states the defendants spent this money on themselves instead of using it as advertised.

"From 2017 to May 2019, Defendants offered and sold to investors in Maryland and several other states, including Georgia, Florida, and Texas, among others, contracts with the Companies in which they falsely promised, among other things, to generate profits for investors by trading Forex and cryptocurrency," the filing sates.

The document notes a $5,000 minimum investment as their common requirement, advertising gains between 6% and 42% per month or financial quarter. The accused allegedly paid out some of the earlier investors at times to ward off suspicion.


written by Benjamin Pirus


Visa exec says buy Bitcoin as dollar index nears 125K BTC trigger

A key bull trigger for Bitcoin reemerges as even a Visa executive pours scorn on the Fed and calls on consumers to “opt out with Bitcoin.”

Bitcoin (BTC) is inches away from getting the same boost that helped it hit $12,500 earlier this month, data shows.

On Aug. 28, the U.S. dollar currency index (DXY), fresh from losses caused by a speech from the Federal Reserve, returned to crucial low levels.

Bitcoin’s $12,000 trigger reappears
At press time on Friday, DXY measured 92.28 — its lowest since Aug. 19. At that time, the index had seen years of decline, with 92.17 marking the floor which challenged precious lows from April 2018.

Safe havens, including Bitcoin, appeared to benefit throughout the summer as DXY fell — gold hit highs of $2,075, while BTC/USD topped out at $12,500 two weeks ago.

As Cointelegraph Markets analyst filbfilb noted on Friday, a repeat performance was now on the cards. Thursday’s speech from Fed chair Jerome Powell sent DXY tumbling after days of gains.

The impact on the U.S. dollar may in fact be the only meaningful takeaway from a “non-event” policy shift for Bitcoin which many had already expected.

Nonetheless, the implications for the rigidity of the fiat economy thanks to the Fed were much more severe — to the extent even fiat business voices were now plugging Bitcoin.

“Jerome Powell’s speech today will be for the history books,” Andy Yee, senior director of public policy at Visa tweeted.

“Never in the history of mankind was so much stolen from so many by so few. Opt out with Bitcoin.”

Fed shift “good for hardest assets” gold and BTC
For Real Vision CEO Raoul Pal, Powell’s words were confirmation that Bitcoin and gold would remain strong in future — but Bitcoin would win out for investors.

“I think they both rise over time in inflation or deflation,” he told Twitter followers.

“Most people don't understand the latter but is simply put, Powell has shown that there is ZERO tolerance for deflation so they will do ANYTHING to stop it, and that is good for the two hardest assets – Gold and Bitcoin. Powell WANTS inflation.”

Even before the speech, Bitcoin supporters were eyeing the long-term consequences of Fed policy.

For Saifedean Ammous, author of the popular book, “The Bitcoin Standard,” it was a question of “time will tell” for Bitcoin versus fiat.

“The reduction in the new supply of bitcoins clearly reduced the new selling onto the market, so probably has helped keep the price up or keep it from dropping further,” he told the Unchained Podcast on Aug. 25.

“The central banks’ quantitative easing and everybody helicopter money policy and giving everybody checks seems to have done the same for the stock market. Now, let’s wait and see for the long-run effects of the two approaches.”


written by William Suberg


Cash or Plastic? Countries Where Crypto Debit Cards Are Fair Game

Cash or Plastic? Countries Where Crypto Debit Cards Are Fair Game

Cointelegraph examines where crypto debit cards are available and what options they offer as wider adoption starts to take hold.

As a sector, plastic cryptocurrency cards have had a bumpy ride.

While for some they are the perfect way to spend those hard-stacked sats, it has evidently been a struggle for crypto companies to provide such a service. Wracked by regulation, supplier issues and the volatility of digital assets, crypto debit cards have had a rough start. Nonetheless, crypto debit card use is growing and is considered an important development for the growth in the adoption of crypto around the world. So, in which countries are most of the crypto cards available?


Wirex is a London-based crypto debit card provider and is often seen in the wallets of many people involved in the industry. The firm offers over 13 traditional and cryptocurrency accounts and has crypto-to-crypto, fiat-to-crypto and crypto-to-fiat capabilities. The firm is also backed by Visa, meaning that anywhere Visa is accepted, crypto can be spent. Wirex launched its Russian service on May 19, offering customers fiat credit and debit cards. According to a press release from the company, it plans to offer customers the opportunity to buy crypto such as Bitcoin (BTC), Ether (ETH), Litecoin (LTC), XRP, Dai and its native Wirex Token (WXT) via Visa and Mastercard.


Revolut is perhaps the best-known card provider to make forays into the crypto world. Based in London and headed by CEO Nikolay Storonsky, Revolut has 10 million customers, a third of which have traded crypto on its app, according to data released by the company. The company recently reported a 58% dip in the average size of crypto purchases from its United Kingdom customers, citing the effects of the lockdown measures imposed in March. Two months later, the average sum is climbing back up to previous levels, having increased by 57%.


Monolith is based in Manchester, England. It is a company that seeks to bring self-sovereignty to finance through decentralization. Monolith’s CEO, Mel Gelderman, explained to Cointelegraph the philosophy behind the decentralized finance factor in its

crypto debit card offering: 

“We have complete faith in DeFi and its role in ushering in the next economy. Monolith’s purpose is to make DeFi a viable choice to manage your everyday finances with ease, just as you might do now on your banking app. The diverse nature of DeFi will allow users to maximise their wealth in ways they haven’t been able to before. We take this a step further by ensuring we have no access to your money as each user wallet is non-custodial.”

The coronavirus pandemic has had an unprecedented effect on businesses, decentralized or not. Despite this, Gelderman told Cointelegraph that the flexibility offered by DeFi and crypto is particularly appealing for customers that want to be in control of their finances during

the COVID-19 crisis: 

“The Crypto industry is evolving into an integrated piece of daily life in terms of financial management, and debit card services are part of that. The crypto-debit card is the next step in this evolution, giving the end user a non-custodial financial platform that interfaces in a way that is no different from the current account they use daily. This mix of timing, usability, and control of funds makes this new economy more viable than ever.”


Coinbase is a United States-based platform that provides a variety of functions, including exchange, wallet and trading services. The company’s crypto debit card, imaginatively dubbed Coinbase Card, was launched in 2019. At first, the card was only active in six European countries, but it has since been launched in a further 10 countries with a greater variety of crypto assets. The firm announced on Feb. 19 that it had become a principal member of Visa, meaning that it is now able to issue debit cards without the involvement of third parties, and it can now also issue cards to other crypto companies.


Bitwala, a blockchain-based banking firm headquartered in Berlin, offers a service where customers can convert their crypto and pay with a Mastercard debit card. The card is linked to a Bitwala bank account and is available only to EU and Swiss citizens. Bitwala recently partnered with DeFi platform Celsius to offer an annual interest of up to 4% on Bitcoin holdings. The funds from customers using Bitcoin Interest Accounts are loaned to institutional borrowers via Celsius, earning weekly interest in BTC. Bitwala has said that DeFi is “a new way to generate wealth” and cited passive income generated from crypto holdings as an example.


Celebrity tokenization is one of the most innovative sectors in crypto finance. Socios runs a crypto sports-fan token ecosystem, offering tokenized voting platforms and a blockchain-based mobile app. The firm announced in late February that it would launch a crypto-to-fiat prepaid debit card. Alexandre Dreyfus, the CEO of Socios, explained to Cointelegraph how

the project works:

“Socios Debit Card, a Fiat Debit Card that will allow users to get a card (VISA or MASTERCARD) that will trigger rewards every time they spend money. The idea is that if you are Juventus Fan and you spend FIAT into an Adidas shop, you'll get cashback and more Juventus Fan Tokens for example.”

Dreyfus also told Cointelegraph that tokens and payments could have an impact both for service users and sponsors in sports: “Sponsors will be able to track and generate campaigns with the teams they are sponsoring, and who have issued Fan Tokens with us.”


Crypto industry titan Binance announced in March that it would release its own debit card, with the initial testing being carried out in Malaysia. Issued by Visa, the card will be available in Southeast Asia and will later be rolled out to other regions. The internal balance of the Binance Card will be in crypto, with Binance Coin (BNB) and Bitcoin. The card costs $15 but has no monthly or yearly maintenance fees. 


Paycent is a Singapore-based crypto debit card provider. A Paycent Card costs $49 and comes in three tiers. Ruby is powered by UnionPay and has a daily spending and withdrawal limit of $5,000. Sapphire is powered by Unified Payments Interface and has a daily spending limit of $5,600 and a withdrawal limit of $1,650. Solitaire is Paycent’s option for big spenders. Powered by Mastercard, it has a daily spending limit of $13,000 and a withdrawal limit of $10,000. Its supported currencies are Paycent’s native PYN token, Bitcoin, Verge (XVG), Dragon (DRGN), Ontology Coin (ONT), DigiByte (DBG), Groestlcoin (GRS), Binance Coin, Ether, Litecoin, XRP, Dash and Steem.

Becoming Visa principal partners

Coinbase is leading the charge in terms of becoming a bona fide principal partner of Visa. As reported by Cointelegraph, only three further firms have publicly considered putting themselves through the grueling vetting process of becoming a partner. If Cryptopay, and Crypterium are successful in their applications, the firms stand to set themselves apart from all other competitors in the sector. George Basiladze, the co-founder of Cryptopay, gave Cointelegraph an insight into the application process, saying that becoming a principal member is a long journey that requires obtaining an Electronic Money Institution license, having a Payment Card Industry Data Security Standard certification — and a lot of funding. Here’s what the firms are offering so far: is a payments and crypto platform that offers five different cards. The most basic is free and offers spending rewards of 1% on all transactions, while the most expensive requires a Monaco (MCO) stake of 50,000 and offers spending rewards of 5% on transactions, airport lounge access, and Spotify, Netflix and Amazon Prime access. The company recently announced the launch of its MCO Visa card. Formerly known as Monaco Card, it will be available in 31 countries throughout the region. claims that this makes its card offering the most accessible worldwide. 


Cryptopay’s C.Pay card is available to be ordered in the U.K. and Russia and can be used anywhere that Visa is supported. This means that customers can use it with the same support and security that they would normally expect from a Visa card. C.Pay customers can use cryptocurrencies to spend up to 30,000 euros in one transaction. Virtual cards are free and prices start at 5 euros for a physical card that offers a daily load of 8,000 euros and a daily ATM withdrawal limit of 400 euros. C.Pay cards incur a monthly 1 euro management fee, a 2.50 euro domestic ATM fee, a 3.50 euro international ATM fee and a 3% foreign exchange fee, as well as a loading and unloading fee of 1%. C.Pay customers can spend Bitcoin, Litecoin, XRP and Ether. 


Estonia-based firm Crypterium also purports to offer the most global card. Crypterium’s card gives access to over 50 million online and offline retailers, 2.5 million ATMs worldwide and is supported in 178 countries. Cards come with a spending limit of up to $13,000 per day or $60,000 per month, as well as a dedicated app. The cards cost $25 each but don’t incur monthly costs. Crypterium’s debit cards are processed by the Chinese financial services company UnionPay. Crypterium’s Chief Operating Officer, Austin Kimm, recently told Cointelegraph that UnionPay gives Crypterium greater global reach: “Both Visa and Mastercard allow you to develop cards for particular regions like the United States, South America, Europe, etc. UnionPay, on the contrary, divides the world in two regions.”

Article Produced
ByJoseph Birch

Joseph Birch is a freelance journalist. He’s interested in how blockchain has the potential to radically change the world we live in and the transformative power of crypto.


Infinigold Integrates Coinfirm’s AML amp Analytics Platform Setting A New Compliance And Security Standard For Digitalised Commodities

Infinigold Integrates Coinfirm’s AML & Analytics Platform, Setting A New Compliance And Security Standard For Digitalised Commodities

Sydney, Australia – 29 July 2020 – Leading commodities digitisation company, InfiniGold, and Coinfirm, the blockchain analytics and AML company,

today announced a partnership to establish a new compliance and security standard for digitalised commodities, in anticipation of widening distribution of the commodities market via public blockchains or tokenised securities. InfiniGold, who provides a white-labelled PaaS solution for the commodities industry, has already successfully rolled out Perth Mint Gold Token, the first product implemented with their platform, and starting today, the InfiniGold platform will utilise Coinfirm’s transaction monitoring solution – enabling AML compliance and ensuring against suspicious and potentially fraudulent activity, setting a new security and compliance standard for its partners.

Typically, exchanges or banks are responsible for AML compliance and transaction disclosure. However, as the issuer of PMGT, and future tokenised commodities, Infinigold understands the importance of transparency and due diligence when it comes to protecting underlying assets, especially with the opaque reserve management of other asset-backed stablecoins coming under fire.Harnessing a range of automated risk assessments, Coinfirm’s platform continuously monitors all transactions and balances in the PMGT contract. This helps identify any suspicious transactions or excessive risk—preventing or otherwise detecting money laundering, terrorism financing, and any other unauthorised interactions with the PMGT smart contract. This not only allows for greater investor peace of mind but helps legitimize the commodities digitisation sector
even further.
Jon Deane, CEO of InfiniGold, said: “Integrating Coinfirm’s platform into PMGT isn’t solely a step forward for InfiniGold, but commodities digitisation in general. InfiniGold strives to set a standard in commodities digitisation—aiding legitimacy and complying with regulation is paramount to attain that goal.”
The Coinfirm collaboration will also kit out InfiniGold with the tools to investigate the complex web of interwoven blockchain transactions in the instance that it detects or suspects suspicious transactions. This will enable InfiniGold to flag any transactions it deems unusual, ensuring that due diligence is adhered to.With this year being tipped to be one of the worst years for cybercrime, the integration couldn’t have come at a more appropriate time. According to Coinfirm CEO, Pawel Kuskowski, an aggregate of over $10 billion has been appropriated in crypto thefts, hacks, and frauds in the crypto sector to date. As such, asset protection is more important than ever.Fortunately, with Coinfirm’s integration and The Perth Mint acting as custodian of the underlying assets, PMGT is protected by an unprecedented level of security.

About InfiniGold
InfiniGold is a leading precious metals digitisation company that has developed a platform for the digitisation of gold and other precious metals. A spinout from Rozetta Ventures and part of the RoZetta Group (, formerly Capital Markets CRC), the technology underpinning InfiniGold’s digital gold certificates is co-developed with other Rozetta Institute companies. It is also used to issue electronic cash and for the trading, clearing and settlement of unlisted securities. The core InfiniGold team previously developed SMARTS, the leading, global market surveillance business that was acquired by NASDAQ in 2010. For more information please visit:

About Coinfirm
Coinfirm is a global leader in AML and regulatory technology for blockchain and cryptocurrencies. It offers the industry’s largest blockchain coverage, supporting over 1,400 cryptocurrencies and protocols including Bitcoin, Ethereum, Hyperledger, and many more. Coinfirm’s solutions are used by market leaders globally, ranging from crypto exchanges such as Binance, and protocols like XRP, to major financial institutions like PKO BP. The company’s services also include Reclaim Crypto in partnership with Kroll, as well as Trudatum, a standalone regtech platform that allows any file to be registered, signed, and verified with 100% accuracy. For more information, please visit: 

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Guest of Crypto Mode


LINE Launches LINE Blockchain Developers and BITMAX Wallet

LINE Launches LINE Blockchain Developers and BITMAX Wallet

TOKYO – August 27, 2020 – LVC Corporation (“LVC”), operator of LINE’s cryptoasset and blockchain businesses,

and LINE TECH PLUS PTE. LTD. (“LTP”) announce the launch of LINE Blockchain Developers—a developer platform for blockchain services—and the BITMAX Wallet service for managing digital assets.In April 2018, LINE established the LINE Blockchain Lab team to develop blockchain-driven dApps and research P2P network-based distributed systems and encryption technologies. With that purpose, the team has worked on a wide range of blockchain projects across the LINE Group: developing the proprietary LINE Blockchain (formerly known as LINK Chain) and issuing its own cryptoasset, LINK, as well as operating the BITMAX and BITFRONT cryptoasset exchange services. Additionally, they built an ecosystem based on LINE Blockchain, aiming to generate co-creative relationships between users and service providers under the “LINE Token Economy” concept.

Although blockchain is a new technology that has massive potential, LINE believes its practical and widespread use as still a ways off because of the costs and complexities involved with building and deploying it. Against this background, LVC and LTP decided to share LINE’s blockchain technologies. This led the companies to launch LINE Blockchain Developers—a development platform for companies to build blockchain services—and BITMAX Wallet, a wallet service for users to manage their digital assets.

LINE Blockchain Developers: A development platform for blockchain services

LINE Blockchain Developers is a development platform that provides an easy and efficient way for developers to build blockchain services based on LINE Blockchain. Blockchain technology can also be readily added to existing services for one-of-a-kind token economies. The developer console itself is a web-based environment offered through LINE’s own developer web portal, LINE Developers. With this platform, companies and developers can focus their attention on improving UX and other facets of their service instead of the technical aspects of blockchain and security.

Companies can use LINE Blockchain Developers’ main features to issue their own tokens, tokenize in-game digital assets (such as characters, items, and currency), ensure transparent transaction histories, and monetize data. For services that have been developed with the platform, token and item trades can also be verified on LINE Blockchain Explorer (formerly known as LINK SCAN).

LINE Blockchain Developers’ main features

1. Building an independent token economy

Use the LINE Blockchain Developers’ developer console to easily create a unique token economy. Tokens can also be issued on Testnet first to test them out before official release.

2. Managing various things and rights by tokenizing

Various things and rights —whether intangible or tangible—can be tokenized, making it possible to manage them with blockchain services.
* Must comply with applicable laws for tokenization

3. Protecting blockchain asset securely

Each service uses private keys to securely manage blockchain assets.

4. Straightforward blockchain access

Use RESTful API to easily link services to a blockchain—no knowledge of smart contracts needed.

5. Fully managed blockchain network

Does not require to operate nodes to participate in the network. Easily create and manage the network by using open APIs.

6. Link with LINE

Tokens issued by services made with the platform can be linked to and managed with BITMAX Wallet (which is in turn linked with LINE IDs), opening up the option of creating services that fully or partially leverage LINE’s userbase.

About LINE Blockchain Developers

·         Operator: LINE TECH PLUS PTE. LTD.

·         Availability: Global (excluding certain regions)

·         Supported languages: Japanese, English

·         URL:

·         Inquiries on LINE Blockchain Developers:

BITMAX Wallet: A wallet service for managing digital assets BITMAX Wallet is a blockchain wallet for managing digital assets. Users can centrally manage all the digital assets—tokens, items, and more—that they have obtained from various blockchain services within the one wallet. The difficulty of creating and managing conventional blockchain wallets has hereto been a barrier for users wanting to use blockchain services—and ultimately, played a part in holding back the growth of blockchain services overall. BITMAX Wallet on the other hand, is linked to LINE IDs. This means that users only need a LINE ID to get started right away and can easily send and trade digital assets with their LINE friends.

About BITMAX Wallet

・Operator: LVC Corporation

・Availability: Japan

・Supported languages: Japanese

・URL: (Web browser)

・How to use BITMAX Wallet: (Japanese) Under the concept of “LINE Blockchain: Designed For Everyone,” LINE will continue striving to provide blockchain services and technologies that can be integrated into users’ daily lives.

About LINE Corporation

Based in Japan, LINE Corporation (NYSE:LN/TSE:3938) is dedicated to the mission of “Closing the Distance,” bringing together information, services and people. The LINE messaging app launched in June 2011 and since then has grown into a diverse, global ecosystem that includes AI technology, fintech and more.

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Bitcoin a whole new way of innovation

Bitcoin – a whole new way of innovation

When we talk about the highly preferred advanced form of currency,

then bitcoin takes first place in the list. This popular type of digital money is making everything possible right from secure online transactions to significant investments. The best thing about bitcoin is it is manageable by the owner personally, and there is no interference of the third person. Though bitcoin is very flexible in exchange for currencies and services since the cost of bitcoin is not constant, the people should be cautious while contributing to it. Compared to any other mode of payments, bitcoin usage is very instant. In traditional currency transfer, it usually takes a few days to transfer money from one side of the country to another. Still, with bitcoin, there is no need to wait for money transfer instead get it done instantly. With this ability to transfer money in no time, bitcoin is gaining good popularity all over the world.

How to set up bitcoin

By seeing its great benefits, the majority of people are coming forward eagerly to know about bitcoin usage. To use bitcoin, it is essential to first know about its set up which is mentioned in the website, which is very easy and straightforward to do.

  • No strict procedures to follow – Unlike in the process of a bank account set up, there are no strict procedures to follow in bitcoin setup. 
  • Takes just a few minutes – It takes only a few minutes to complete the setup process of bitcoin account and can start using it right away.
  • Understand the process – Before setting up bitcoin, it is essential first to understand the steps clearly to ensure successful set up without any inconveniences.

About anonymous bitcoin version

  • No track of client’s records – Unlike tradition currency transactions where the bank keeps complete track of client’s records, here for bitcoin usage there is no tracking of papers done.
  • User’s point of view – Since it does not require any personal information of the bitcoin user, it is believed as a safe option by many users. However, some people think it is hazardous to use such accounts where there is no involvement of the third party.
  • No significant data to work – The wallet used by bitcoin users does not need any particular data to work, and users can make transactions whenever required and from where they are.

The best point about bitcoin

Most of the times in traditional currency, there is a common issue that most of the recipients of cash have is “no amount received. This happens for many reasons like a network issue, entering the wrong details of the recipient or the sender may be fraudulent. However, in the case of bitcoin, no such problem arises. This is because once the send transfers money to the recipient, he will receive it in no time and there is no return back of money unless the recipient wants to return. The cash transfer continues even is a system goes down. This is believed as one of the best points about bitcoin where a sender no need to worry about the successful transaction because every transaction between will be undoubtedly successful.

Records in Blockchain

Even though there is no need for senders personal details required to while making transactions yet every exchange is recorded in Blockchain. It is a very convenient option for the bitcoin users to have a quick look at bitcoin records where it clearly shows how much money is in the wallet and knows the records of money transfer. By seeing such impressive benefits of using bitcoin, millions of people today are showing great interest in this limited digital currency. Though it is high in value since from many years and continuously growing its cost to date, yet is not assured always. So, before one wants to contribute to bitcoin, it is advisable first to check the value of the currency and then go as ahead with the contribution.

Today there are many online websites where one can get complete information about all the latest news and changes made in bitcoin up-to-date. So, if you are a bitcoin user, then it is advisable to spend some quality time in grabbing all the possible and latest information about bitcoin to stay updated. This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. does not endorse nor support this product/service. is not responsible for or liable for any content, accuracy, or quality within the press release.

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Advantages and Opportunities of Paying with Bitcoin Comments Off on Advantages and Opportunities of Paying with Bitcoin 922

Advantages and Opportunities of Paying with Bitcoin Comments Off on Advantages and Opportunities of Paying with Bitcoin 922

Bitcoin is regarded as one of the most popular cryptocurrencies in the world and known as a decentralized digital currency.

You can initiate the transactions anytime because you can store bitcoin in your paper wallet, online, or on mobile. It makes your payment more convenient and faster as it is an important virtual coin that manages to offer you anonymity online. On the other hand, you don’t have to worry about any challenges or disputes that can arise as it is regarded as one of the best ways to keep your money in the virtual world. The investments in bitcoins are one of the best investments because you can earn huge ROI i.e., Return on Investment. If you are searching for the best opportunity to earn money, then you can invest in bitcoins.

Advantages and Opportunities of Paying with Bitcoin

Investment in bitcoins can be your best idea that you can implement now. You can visit bitcoin pro to get more information, know more about this software. Therefore, now not making you wait for any further, here are the advantages and opportunities of paying with bitcoin that you must know:

  • Zero Control for Governments:

The government has the power to control over banks, but they don’t have any right to control bitcoin transactions. This way you can be safe from the control of the government.

  • Credit Cards:

If you are using bitcoin then it has a great advantage for you. You can do the transactions very easily as well as instantly. Dealing with credit cards can sometimes cause problems for you. You may have to face issues with the bank because you must wait a long time for the transactions. Therefore, dealing with bitcoins can make your task much easier and convenient.

  • Decentralized Network:

This is one of the greatest advantages of using bitcoins. It is true that no one has control over the network of bitcoin, and it is a good thing. This is safe and secure, and you don’t have to worry about anything. The benefits that it possess are extremely powerful.

  • Identify Protection:

Whenever you receive or send bitcoins online, you can keep your identity safe and secure. While transacting online, you never have to share your personal data. This means you are safe from hackers who can steal your data and misuse it.

  • Forget Third Parties:

Bitcoin eliminates the need for any third party. It is because whenever you want to do transactions, you must rely on third parties, and this can make your transactions at risk. Therefore, bitcoins make your task easier and convenient by removing the third parties and only involving the sender and receiver for transactions.

  • Low Transaction Fees:

Transactions fees can be very irritating whenever you want to transfer money through the online process. However, bitcoin transactions involve a very low fee. It is completely dependent on how much money you transfer online. This can create a good user experience.

  • Easy Mobile Payments:

Yes, this is another great advantage of using bitcoin. You can do payments with your mobile instantly. With the help of mobile wallets, you can easily do payments. On the other hand, you can also do global payments very easily.

  • Zero Paper Verifications:

This is another great advantage of using bitcoin that requires zero paper verifications. You must handle everything online which means you can save your time.

Final Thoughts

Therefore, now you know what the advantages and opportunities of bitcoins are and how you can deal with it. The above-mentioned benefits are the best ones that can hold your attention for a while. Bitcoin investments can be your ideal opportunity to earn passive income to a great extent.

Article Produced By
Crypto Radar PR


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