Thursday, January 30, 2020

How can I become a Bitcoin broker?

In a cryptocurrency exchange the platform, a Bitcoin broker is the main market player. The broker is also the main interface to the Buyers and Sellers. If you are looking out to be a Bitcoin broker, you can start by using an OTC (Over the Counter) Mobile Application.



As a broker, you will be the one who would be servicing the Buy/Sell requests generated by Buyers and Sellers mapped under you through the OTC Mobile Application. For which you could receive 50% of the transaction fees generated over the OTC Application. Another advantage of such OTC apps is that you can get more and more profits per trade.

Brokers perform as multiplayer in an exchange which includes the verification of documents and registration of Buyer/Seller (KYC), accept and verify deposit and withdrawal requests through registered banking channel, buy or sell assets on behalf of the Buyer/Seller and such other services within the limits of approval, etc.

There is also a Peer to Peer trading facility for the brokers. It is based on a web platform where all the licensed brokers can connect and trade with each other. The trading environment would be suitable for high-frequency traders only. Each broker would be executing the trades on his proprietary account and will not be opening any client accounts and/or sub-broker accounts in this interface.

Content Credit: This content has been taken from https://medium.com/@simonemickey10/how-can-i-become-a-bitcoin-broker-17d698f934b1 and originally posted on https://medium.com/@simonemickey10/how-can-i-become-a-bitcoin-broker-17d698f934b1

Wednesday, January 29, 2020

What is the most reputable bitcoin exchange to buy and sell?

The the idea of Bitcoin was created by an anonymous programmer who goes by the name “Satoshi Nakamoto.” Since then, the Bitcoin phenomenon is propagating itself in such a way that today it is indeed the best and highest selling cryptocurrency around the globe.

There are various Bitcoin exchanges across the world which you can use to exchange your digital gold. To name a few of them;

• Binance: It is one of the rapidly growing Bitcoin exchanges in the world. It has a unique fee structure through which the platform gains popularity across the world. Now it has grown tremendously and is open to almost every country in the world.

• Coinbase: Coinbase is also a forerunner Bitcoin exchange platform based in the US. Here traders can seamlessly trade multiple cryptocurrencies with ease as they have the neatest UI you would have ever seen.

• Digital Ticks: This one is my favorite Bitcoin cryptocurrency exchange platform and also regarded as one of the best in the market cap according to the crypto enthusiasts. The technology backing the transaction process is robust, safe and secure such that traders trading here finds it hassle-free.

Tuesday, January 28, 2020

What is the Best Ethereum Exchange?

As Ethereum becomes more and more popular, many cryptocurrency exchange platforms are including Ether in their currency pairs. In order to buy or sell Ethereum, you’ll need to find an Ethereum exchange.

When choosing an Ethereum exchange it’s important to differentiate between 3 different types of exchanges: Brokers, trading platforms and P2P marketplaces. Here are my top 3 picks for the Ethereum exchange by category.
  • Coinmama: Coinmama supplies a brokerage service to both Bitcoin, Ethereum and a variety of other cryptocurrencies. They also put an emphasis on quality customer support. Coinmama accepts credit and debit cards, as well as SEPA transfers for Ethereum purchases.
  • etoro: eToro is a trading platform that allows trading in several cryptocurrencies such as Ethereum, Bitcoin, Ripple, Bitcoin Cash, Dash and more. The main difference between traditional exchanges and eToro is that all transactions are denominated in fiat currency. Meaning you can’t actually withdraw the Ether you buy on eToro, only exchange it for USD, EUR, etc.
  • Digital Ticks: Digital Ticks is a Cryptocurrency Exchange Platform. That also supplies a brokerage service for buying cryptos with a credit card. The exchange allows you to trade one cryptocurrency for the other. If you own Bitcoin you can almost instantly trade it for Ethereum.
As Ethereum becomes more popular the options for buying it increase dramatically. The main thing when choosing an exchange would be to make sure your country and payment method are supported.


Friday, January 24, 2020

What is the most reputable bitcoin exchange to buy and sell?

The idea of Bitcoin was created by an anonymous programmer who goes by the name “Satoshi Nakamoto.” Since then, Bitcoin phenomenon is propagating itself in such a way that today it is indeed the best and highest selling cryptocurrency around the globe.


There are various Bitcoin exchanges across the world which you can use to exchange your digital gold. To name a few of them;
• Binance: It is one of the rapidly growing Bitcoin exchanges in the world. It has a unique fee structure through which the platform gains popularity across the world. Now it has grown tremendously and is open to almost every country in the world.
• Coinbase: Coinbase is also a forerunner Bitcoin exchange platform based in the US. Here traders can seamlessly trade multiple cryptocurrencies with ease as they have the neatest UI you would have ever seen.
• Digital Ticks: This one is my favorite Bitcoin cryptocurrency exchange platform and also regarded as one of the best in the market cap according to the crypto enthusiasts. The technology backing the transaction process is robust, safe and secure such that traders trading here finds it hassle-free.

Wednesday, January 22, 2020

All you Need to Know About Cryptocurrency Exchange

Cryptocurrency exchanges are the platform where you can purchase, sell or trade cryptocurrencies for the other digital currency or traditional currency like US dollars or Euro. For those that want to trade professionally and have access to extravagant trading tools, you will probably need to utilize an exchange that expects you to verify your ID and open an account.



Types of exchanges

•    Trading Platforms –These are websites that associate buyers and sellers and take fees for every transaction or exchange.

•    Direct Trading –These platforms offer direct person to person trading where people from various countries can exchange currency. Direct exchanging trades don’t have a fixed market price; rather, each person sets their own exchange rate.

•    Brokers –These are sites that anybody can visit to purchase cryptocurrency at a value set by the broker. Cryptocurrency brokers are similar to foreign exchange dealers.

The vast majority of these exchanges are somewhat new to the business sectors, so it’s vital to complete a smidgen of homework before you begin signing up to exchange.

There are 5 Cryptocurrency Exchanges which are topping the charts.

•    Digital Ticks: Digital Ticks is the one-stop solution for all the cryptocurrency traders for buying or selling their virtual assets as it holds all the necessary requirements that any trader seek in an exchange platform.

•    Binance: Binance offers desktop access and mobile app both for users.

•    Bitmex: Popular with high volume.

•    Bittrex: Another high-quality exchange platform with an option of many crypto coins to trade.

•    Changelly: Instant conversion with great user interface.

•    Bottom line:
  • In every case an individual new to crypto trading will need to utilize an exchange or broker. 
  • Newcomers will possibly need to utilize a direct trading platform when their alternatives are restricted (either constrained by guideline, or constrained by coin choice).
  • Which trade, would it be advisable to utilize? If you are a beginner and don’t have the foggiest idea what you are doing, try your hands on Digital Ticks. 
  • This isn’t the only choice, but they are beginner friendly and one of the best cryptocurrency exchange platform