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, 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.

Content Credit: This content has been taken from https://medium.com/@simonemickey10/what-is-the-most-reputable-bitcoin-exchange-to-buy-and-sell-4ade3d9c8093 and originally posted on https://medium.com/@simonemickey10/what-is-the-most-reputable-bitcoin-exchange-to-buy-and-sell-4ade3d9c8093

Debunking the Myths of Cryptocurrency

Here in this article, we will discuss some myths that are surrounding the cryptocurrency market and how to break it for separating the real facts from that of the misconception of the fictional rumors.

Although the dynamic cryptocurrency traders chase the news and updates from the industry, there still exist a good number of confusions and myths around blockchain and cryptocurrencies. It is very important for you to first understand the whole concept of crypto and then jump into the ocean of virtual currencies.

After reading this article, you can easily put together your thoughts and formulate your own opinion about what Cryptocurrencies are. 

• Cryptocurrencies are the new generation tulip mania: 

Everyone knows that Bitcoin and the other cryptocurrencies are something that does not exist physically and you can’t even touch them and yet everyone is crazy about it. They do not exist in your wallet like the fiat currencies. Instead, they exist on your computer and you can buy a lot of things using them virtually. This phenomenon of cryptocurrencies is becoming global day by bay, and if one likes it or not the concept has become unignorably important. 

• Trading is essential to make profits: 

Though people think it is mandatory to buy or hold cryptocurrencies to earn profits from them, the actual fact is that everyone can trade cryptos without even buying it. The market of these virtual currencies is extremely unpredictable and it works on speculation. There can be multiple opportunities created by the high volatile market which is a great window for making profits. 

• Bitcoin and Blockchain technology are the same things: 

Blockchain is the underlying technology for cryptocurrencies which facilitates the process of recording the transaction within some blocks. These names can get you confused as they both store transaction data in a chain of blocks that are linked together. Blockchain is a shared immutable ledger here no participant can tamper with a transaction after it is recorded in the chain. Cryptocurrency like Bitcoin is just a small part of its application. 

• Crypto coins and tokens are the same: 

Crypto coins are virtual currencies that can be used as an alternative to payments, while tokens are used in a completely different way. There are many people across the world who have mistaken these crypto coins and the tokens as the same thing. Now, the virtual currency exchange market holds over 2308 cryptocurrencies each of which has a completely different market capitalization. 

• Crypto Trading is not as safe as the transactions are anonymous: 

Crypto trading and investment can be subjected to market risks just like the other investments. But it is fully secured and the only risk that can be occurred is regarding the price volatility and the regulation issues of these cryptocurrencies. There exist some cryptocurrencies that focus on privacy and anonymity, but it does not explain that all the cryptocurrencies are anonymous. They do possess a layer of transparency that differentiates them from the substantial commodities and the fiat currencies. 

• Cryptocurrencies are only for the technical and finance communities: 

Many people are not known to the fact that every single individual in this world can do their digital currency exchange with minimum trading fees. Gradually the big companies also are accepting and utilizing these new technologies like Blockchain and cryptocurrencies. The ones with a little bit of knowledge about these new technologies will stay away from it and think that these are only for the tech people and those related to finance companies. 

As more and more people are educated about these virtual currencies and trying to invest in those, I would definitely argue that these are the safest and the most secure options for doing any transactions. All these virtual currencies work the same way as the traditional fiat currencies do, with the value being chosen by the same group of people who are using these currencies. The only difference between the real currencies and these virtual assets is that we can touch the fiat money physically and store them while we cannot touch the crypto assets as they are digital or virtual. 

Conclusion: The virtual currencies are progressively changing the approach in which financial operations have been carried out. There are daily new additions of people around the globe who are accepting the cryptocurrencies with the intention of taking pleasure from the benefits that these virtual currencies offer. On an endnote, for enjoying the profits from these virtual currencies in the real world, you need to take apart the myths from the truth by yourself and that too before investing in the Cryptocurrency Trading Platforms.

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How to Start Investment in Cryptocurrency? A Beginners Guide

Beginners Guide to Cryptocurrency

Cryptocurrency has basically been a topic of intense discussion over the most recent couple of years. Many times we have heard stories of people becoming millionaires overnight and, at the same time thousands of people losing their hundreds of dollars wanting to make a brisk buck?

Thus, if you are hoping to put resources into crypto in a safer way, then this guide is for you. The aim of this guide is to help and educate investors as much as possible and to decrease the speculation in the market.

How to Start Investment in Cryptocurrency?

• Exchange platforms where you can buy Bitcoins or any other Crypto Currency

If you are living in a country where you have an official cryptocurrency exchange, then you don't have to stress a lot over trading cryptocurrency. You can quickly sign up for the exchanges and transfer money from your bank account to buy any digital assets. Listed are few country wise exchanges:

• USA: CoinBase, Kraken, Gemini
• INDIA: Digital Ticks, BitBNS
• UK, EUROPE: CEX
• ISRAEL: CoinMama

However, the problem is for people living in the countries where there is no cryptocurrency exchange and users have no option of transferring funds from their bank accounts to buy any digital assets. This makes it actually hard for the users to hold any digital currency now and with the costs surging at a faster pace, it may be late for many to get hold of cryptocurrencies. But that is where we come to rescue. Wondering how? We have concocted different choices through which you can trade cryptocurrency.

• Using PayPal
• Using Credit Cards
• Using Debit Cards/Bank Account

As we find new working strategies, we will continue sharing it on Digital Ticks. Until further notice, what's important is that you have to pick an exchange/website from where you can trade cryptocurrency on a regular interval.

Storing Cryptocurrency in A Secure Wallet

To store any digital asset, you need a wallet. In the event that you look online for any cryptocurrency wallets, you will get a lot of choices yet you should be cautious with picking the correct one. With numerous wallets being fraud, you will end up losing your assets.

Bitcoin isn't like the typical money that you keep in your bank. You are responsible for the security of your cryptocurrencies and that is the reason you keep it in a wallet that you have 100% authority over. This is done by having the ownership of a private key. For the beginner, it might sound extremely technical, yet it is, in reality, it is easy to understand.

To simplify your understanding, you simply need to utilize a well-recognized wallet that allows only you, to keep the secret code. This code is the secret key for your wallet. Regardless of whether you lose your cell phone or iPad, you can recuperate your crypto wallet with this security code.

What is the right time to engage with cryptocurrency?

There is no broad guideline when to buy cryptocurrency. Typically it's not a smart thought to purchase in at the peak price, and more often, it is likewise not a smart thought to get it when the prices are crashing. The best time may be when the cost is steady at a moderately low level.

The art of trading is to choose when a crypto is at its highest peak and when it reaches after falling. Sometimes, a coin price rises, and after it passes a certain mark, where everyone thinks this must be the peak of that rise, the genuine rally begins.

The only advice given is to sit aside and take some time. Try not to purchase in, just because there was a dip. There may be another as well and don’t buy in because of the fact that you are afraid that it will detonate tomorrow. Watch it, keep yourself informed, buy it, when you think the timing is good. Also, don't be a feeble hand. Try not to sell it too soon. Hold it because the monetary revolution has just begun.

How safe such investments are?

At this point, you can presumably observe that there is no simple answer to this question. It's not only the matter of should you invest, yet additionally a matter of how to invest. As stated above, start educating yourself. Learn about the cryptos, what influences it, what are its points of interest and drawbacks, etc. After you feel you've procured some basic instruction, it's the ideal time for only you to answer this question. When you start, start small and learn as you go. You'll most likely commit a few mistakes, which everyone does. You can consult others and read the info online but never follow somebody's advice blindly.

What is Cryptocurrency - A Beginners' Guide

A cryptocurrency is a digital or virtual currency that utilizes cryptography for security. A cryptocurrency is hard to counterfeit because of this security feature. Numerous cryptocurrencies are decentralized frameworks dependent on blockchain technology, a distributed ledger enforced by a disparate network of computers. A defining feature of a cryptocurrency, and apparently its greatest appeal, is its organic nature; it isn't issued by any central authority, rendering it hypothetically resistant to government interference or control.

Technology: 

The blockchain is a distributed ledger technology, which serves as a public financial transaction database.

First Player in The Market: 

The first blockchain-based cryptocurrency was Bitcoin, which still remains the most prominent and generally most valuable. Bitcoin, first released as open software considered the first decentralized cryptocurrency in 2009. Today, there are thousands of alternate cryptocurrencies with different capacities or specifications. A portion of these are clones of Bitcoin while others are forks or new cryptocurrencies that split off from an already existing one.

Cryptocurrency History: 

Cryptocurrency existed as a hypothetical construct long before the primary digital alternative currencies appeared. Early cryptocurrency proponents shared the objective of applying cutting edge mathematical and computer science principles to unravel what they saw as viable and political shortcomings of "traditional" fiat currencies.

David Chaum the American cryptographer, in 1983 considered unidentified cryptographic electronic money called eCash. In 1995, he executed it through Digicash, an early type of cryptographic ePayments which required user software so as to pull back notes from a bank and assign explicit encrypted keys before it can be sent to a beneficiary. In 1996, the NSA distributed a paper qualified How to Make a Mint: the Cryptography of Anonymous Electronic Cash, depicting a Cryptocurrency framework first distributing it in an MIT mailing list and later in 1997, in The American Law Review.

Beginners Guide to Crypto Currency Exchange:

Cryptocurrency exchanges are the online platforms in which you can trade one sort of digital asset for another based on market value of the given resources. It is vital not to confuse between cryptocurrency exchanges for cryptocurrency wallets or wallet brokerages. Cryptocurrency wallets and wallet brokerages, for the most part, enable you to purchase and sell a small range of digital assets like Bitcoin and Ethereum, which you would then be able to send to an alternate exchange to trade for other advanced digital assets like altcoins. This statement isn't completely exclusive, however; most cryptocurrency exchanges will limit their users to just trade digital assets, yet a few of them allow trades of fiat currencies, for example, U.S. Dollars for the cryptocurrency. Few examples of such an exchange are listed as follows:

• Coinbase/GDAX:

Coinbase is a digital currency exchange headquartered in San Francisco, California. They broker exchanges of Bitcoin, Bitcoin Cash, Ethereum, and Litecoin with fiat currencies in approximately 32 countries, and bitcoin transactions and storage in around 190 countries

• Bitstamp: 

Bitstamp is a bitcoin exchange situated in Luxembourg. It permits trading between USD currency and bitcoin cryptocurrency. It permits USD, EUR, bitcoin, litecoin, ethereum, ripple or bitcoin cash deposits, and withdrawals

• Gemini: 

Gemini is a digital currency exchange and overseer that enables clients to purchase, sell, and store digital assets. It is a UK based company regulated by the NYS Department of financial services.

After going through various cryptocurrency exchanges and platforms, we found one of the best cryptocurrency exchange Digital Ticks.

• Digitalticks: 

A First - ever commodity - crypto exchange well designed by traders for traders. The Exchange is going live on April 14, 2019, and offers coin such as Bitcoin, Ethereum, DTX Token, DOGECoin, USDM, and INRM, etc. The Exchange has installed robust technologies behind the scene that could manage heavy volatility of the crypto markets as well as commodity markets which can handle up to 1,000,000 orders per second.

Digital Ticks Transaction Charges & Fee: 

DTx (Digital Ticks Exchange) would not levy any transaction charges for the first few months of inception thereby giving traders to trade on ZERO transaction charges. DTx would give volume-based incentive for high -frequency trader (HFT) which would give them scope for retaining higher profitability in the trade. DTX is the safest trading platform with user-friendly interface and multiple coins and device support, customized UI and fastest order processing capacity.