Showing posts with label Crypto Assets. Show all posts
Showing posts with label Crypto Assets. Show all posts

March 18, 2024

Best Performing Altcoins review QNT, DCR, FLOW

Following the popularity of Bitcoin, new cryptocurrencies called altcoins came into the market. They position themselves as superior alternatives to Bitcoin. BTC is the first community digital currency. It has paved the path for many others to follow.

Best Performing Altcoins review QNT, DCR, FLOW: eAskme
Best Performing Altcoins review QNT, DCR, FLOW: eAskme


The majority of altcoins are attempting to address any alleged shortcomings of Bitcoin.

And develop market-competitive benefits in updated versions.

Understanding Altcoins:

Altcoins suggest a type of cryptocurrency that serves as a substitute for BTC.

Several other community cryptocurrencies have appeared to repeat Bitcoin's success story.

The basic framework that Bitcoin provides serves as the foundation for several cryptocurrencies.

Because of this, the majority of cryptocurrencies are networked.

They need a mining method where users solve challenging issues to unlock blocks.

This offers a safe and affordable means to conduct online transactions.

Despite having many qualities in common, altcoins are very different from each other.

All cryptocurrencies except Bitcoins are altcoins.

The majority of cryptocurrencies are variants of one of Bitcoin or Ethereum.

Several people define altcoins as all cryptocurrencies except those two. Some altcoins aim to set themselves apart from BTC and ETH.

They do this by offering fresh or extra features or objectives.

At the same time, others adopt alternative resolution processes to verify transactions and start new blocks.

Certain kinds of programmers do the creation and publication of the majority of Altcoins.

These programmers have unique goals or purposes for their coins or tokens.

Types Of Altcoins:

There are many different kinds of Altcoins available in the market:

Payment tokens:

These coins are intended to be handled as currency.

They are used to transfer value among parties—as their name suggests.

The most acceptable illustration of a payment coin is bitcoin. Since their debut, crypto trading and usage have been characterized by volatility.

Stablecoins:

It seeks to lower this total volatility.

They achieve this by connecting their worth to a variety of commodities. These commodities are fiat currency, valuable metals, or other coins.

The altcoin-linked commodities function as a backup to redeeming shareholders. This happens if the cryptocurrency underperforms or has issues.

Stablecoin price fluctuations shouldn't go above a specific range.

Utility tokens:

These are employed to deliver services.

Their uses are to pay for services, cover network costs, or get rewards.

A utility token is something like Filecoin.

It is used to pay for network storage space and safeguard data.

Meme coins:

As the title suggests, these are parodies. They are humorous interpretations of other popular cryptocurrencies.

They usually become famous and are promoted online.

Well-known influencers or traders looking to make quick money promote them.

Review Of Altcoins By FLOW, QNT, DCR:

Several altcoins continued to be green relative to the workweek results. This happened despite the observed weekend slump.

Flow, Quant, and Decred are the 3 cryptocurrencies.

They are leading the upcoming robust growth in the cryptocurrency world.

They each have unique factors fueling their natural growth.

FLOW:

The creation of FLOW happened for it to be a quick and decentralized blockchain. It is among the most powerful systems.

Its motive is to serve as the framework for a new wave of apps, games, and the electronic content that supports them.

The importance of the system created by Dapper Labs is getting even clearer.

QNT:

The goal of Quant's launch was to connect networks and blockchains.

They want to do this on a worldwide scale. In the meantime also maintains the network's effectiveness and compatibility.

Quant's ecosystem has expanded since its June 2018 introduction. Its users have kept QNT, the system's token, on the rise.

DCR:

Decred is a revolutionary concept. It relies on the decentralized nature of blockchain technology.

DCR does this to prevent control over voting rights within the venture itself.

This token is regarded as "Money Evolved, "It has gained popularity since its launch.

Every trader should keep an eye on Decred soon, as it is a powerful token.

Conclusion:

It's doubtful that the altcoin marketplaces would merge into a unified cryptocurrency.

Predictions state that most of the altcoins listed on cryptocurrency exchanges will fail.

Altcoins are more affordable than Bitcoin.

You want to diversify your holdings in the cryptocurrency market.

Besides, the cryptocurrency market is still developing and unstable. Irrespective of the nature of cryptocurrency.

Still have any question, do share via comments.

Share it with your friends and family.

Don't forget to like us FB and join the eAskme newsletter to stay tuned with us.

Other handpicked guides for you;

>

March 13, 2024

Quantum Computing Threats: Safeguarding Digital Yuan Assets

The financial world is undergoing a significant transformation with the advent of digital currencies like the Digital Yuan, the People's Bank of China's official digital currency.

In this era of digital finance, security is paramount, but it faces a growing threat from the rapid advancements in quantum computing.

This article explores the intersection of quantum computing and digital yuan, delving into the vulnerabilities it poses to the security of digital yuan assets and the measures that need to be taken to safeguard them effectively.

Quantum Computing Threats: Safeguarding Digital Yuan Assets: eAskme
Quantum Computing Threats: Safeguarding Digital Yuan Assets: eAskme

Safeguarding your assets and being informed about the market can really help! This educational resource https://yuanrebel.com/ can be a great source of premium investment education.

Understanding Quantum Computing:

Quantum Bits (Qubits) vs. Classical Bits:

At the heart of quantum computing are qubits, the quantum counterparts of classical bits.

While classical bits can only exist in one of two states (0 or 1), qubits can exist in a superposition of states, allowing for exponentially more computational power.

This fundamental difference is what makes quantum computers so powerful and potentially dangerous.

Quantum Supremacy and Its Implications:

Quantum supremacy refers to the point at which a quantum computer can perform a task that is practically impossible for classical computers.

Google's announcement of achieving quantum supremacy in 2019 marked a significant milestone in quantum computing.

This development has raised concerns about the potential impact on digital yuan security and cryptography.

Quantum Algorithms Threatening Cryptography:

One of the most significant threats posed by quantum computing is its ability to break widely used encryption algorithms.

Shor's algorithm, for example, can efficiently factor large numbers, rendering RSA and ECC encryption vulnerable.

This means that digital yuan transactions, which rely on encryption for security, could be at risk in a quantum computing-powered future.

Vulnerabilities in Traditional Cryptography:

Encryption as a Security Pillar:

Encryption is the backbone of digital security, ensuring the confidentiality and integrity of data.

It relies on mathematical algorithms that are currently secure because classical computers cannot factor large numbers efficiently.

However, quantum computers threaten this security foundation.

Shor's Algorithm: Breaking RSA and ECC:

Shor's algorithm, developed by mathematician Peter Shor in 1994, is a quantum algorithm that can factor large numbers exponentially faster than the best-known classical algorithms.

This capability poses a direct threat to widely used encryption methods like RSA and ECC, which are prevalent in digital yuan transactions.

The Threat to Digital Yuan Transactions:

As digital yuan transactions rely on encryption to protect sensitive financial information, the vulnerability of encryption algorithms to quantum attacks becomes a pressing concern.

If a sufficiently powerful quantum computer were to emerge, it could decrypt past transactions, compromising financial privacy and security.

Quantum-Safe Cryptography:

Post-Quantum Cryptography Solutions:

To address the threats posed by quantum computing, researchers have been developing post-quantum cryptography solutions.

These are cryptographic algorithms designed to be secure against quantum attacks.

Examples include lattice-based cryptography, code-based cryptography, and multivariate polynomial cryptography.

Cryptographic Algorithms Resistant to Quantum Attacks:

Some cryptographic algorithms, such as the NIST Post-Quantum Cryptography Standardization project, have been developed explicitly to resist quantum attacks.

These algorithms aim to provide a secure foundation for digital currencies like the digital yuan in a post-quantum world.

Preparing Digital Yuan for the Quantum Era:

To safeguard digital yuan assets, it is crucial to transition from traditional encryption to quantum-safe cryptography.

This transition will involve upgrading existing security protocols and infrastructure to ensure that digital yuan transactions remain secure even in the face of quantum computing advancements.

Digital Yuan Security Measures:

Current Security Protocols:

As of now, digital yuan transactions are secured using classical cryptographic techniques.

These protocols have proven effective against conventional threats but may not be sufficient in a quantum-powered future.

Transitioning to Quantum-Resistant Cryptography:

To prepare digital yuan for quantum computing threats, a phased transition to quantum-resistant cryptography is necessary.

This involves upgrading encryption methods and adopting quantum-safe cryptographic standards.

Ensuring Long-Term Security:

The long-term security of digital yuan assets requires continuous monitoring and adaptation to emerging quantum threats.

Security protocols must be agile and capable of evolving to counter new vulnerabilities as they are discovered.

The Role of Quantum Key Distribution (QKD):

Principles of QKD:

Quantum Key Distribution (QKD) is a technology that leverages the principles of quantum mechanics to provide secure key exchange between two parties.

It ensures that any attempt to intercept the quantum keys would be immediately detected, making it a crucial component of quantum-resistant security.

Integrating QKD into Digital Yuan Infrastructure:

Integrating QKD into the infrastructure is a promising approach to enhance the security of digital yuan transactions.

OKD can provide secure key distribution, making it significantly more challenging for quantum attackers to compromise the encryption keys used to secure digital yuan transactions.

Enhancing Security with Quantum Communication:

In addition to key distribution, quantum communication can be used to secure the transmission of data between parties.

Quantum communication protocols like Quantum Key Distribution and Quantum Secure Direct Communication can bolster the overall security of digital yuan transactions.

International Collaboration and Standards:

Global Efforts to Address Quantum Threats:

The global community recognizes the urgency of addressing quantum threats to digital currencies.

Countries and organizations are actively collaborating to develop strategies and solutions to safeguard digital assets in a quantum era.

Establishing Quantum Cryptographic Standards:

One crucial aspect of mitigating quantum threats is the establishment of international standards for quantum-safe cryptography.

Standardization ensures that digital yuan security measures are interoperable and can withstand global threats.

Ensuring Interoperability and Security on a Global Scale:

Interoperability is essential for the success of digital currencies like the digital yuan.

International collaboration and the adoption of common quantum cryptographic standards will ensure that digital yuan assets remain secure and can be seamlessly transacted on a global scale.

Conclusion:

As quantum computing continues to advance, it presents a growing challenge to the security of digital yuan assets and other digital currencies.

However, proactive measures such as comprehending emerging threats, adopting quantum-safe cryptography, incorporating cutting-edge technologies like Quantum Key Distribution, and fostering international cooperation can fortify the digital yuan's position as a secure and dependable digital currency in the quantum-driven future.

Still have any question, ask via comments.

Share it with your friends and family.

Don't forget to join the eAskme newsletter to stay tuned with us.

Other handpicked guides for you;

>

May 08, 2023

Tezos and the Future of Digital Collectibles Enabling NFTs and Gaming

As the world becomes more digital, we're seeing rapid growth in using Non-Fungible Tokens (NFTs) and digital collectibles.

The rise of blockchain technology has paved the way for secure, decentralized, and transparent transactions, allowing creators to monetize their digital content and collectors to own unique digital assets.

Tezos and the Future of Digital Collectibles Enabling NFTs and Gaming: eAskme
Tezos and the Future of Digital Collectibles Enabling NFTs and Gaming: eAskme

If you are into Cryptocurrency, you may use a reliable trading platform.

One of the leading blockchain networks for NFTs and digital collectibles is Tezos.

Tezos is a decentralized, open-source blockchain network that enables smart contracts and decentralized applications (DApps) to be built on top of it.

Tezos is designed to be self-amending, meaning the network can upgrade itself without requiring hard forks, a significant advantage over other blockchain networks.

Tezos also boasts high scalability and low transaction fees, making it an attractive option for developers and users.

Tezos has already gained significant traction in the NFT and gaming space, with several high-profile NFT marketplaces and games built on top of the network.

Enabling NFTs:

NFTs are unique digital assets that represent ownership of a piece of digital content. They can be anything from digital art, music, and videos to tweets.

NFTs are created and verified on a blockchain network, making them tamper-proof and impossible to replicate.

Tezos has been gaining traction in the NFT space due to its unique features, including low transaction fees and the ability to create complex smart contracts.

One of the most significant advantages of Tezos is its self-amending protocol, which ensures that the network is always up-to-date and secure.

Several popular NFT marketplaces, such as Hic et Nunc, have already been built on the Tezos network.

These marketplaces allow creators to mint and sell their digital content as NFTs, providing a new revenue stream for artists and creators.

NFT marketplaces also use Tezos to ensure that transactions are secure and transparent.

Enabling Gaming:

The gaming industry is another space where Tezos is gaining significant traction.

Blockchain technology has the potential to revolutionize the gaming industry by providing secure and transparent transactions, enabling players to own their in-game assets truly.

Tezos is well-positioned to become a leading blockchain network for gaming due to its low transaction fees, high scalability, and self-amending protocol.

Several games, such as Kalamint and The Sandbox, have already been built on top of the Tezos network, providing players with unique gaming experiences and the ability to own their in-game assets truly.

The use of blockchain technology in gaming is still in its early stages, but the growth potential is enormous.

As more games and gaming platforms are built on top of Tezos, we can expect to see a significant increase in the use of the network for gaming purposes.

Conclusion:

Tezos is a promising blockchain network offering unique NFTs and gaming features.

Its self-amending protocol, low transaction fees, and high scalability make it a strong contender in these spaces.

As the world becomes more digital, we can expect to see Tezos continue to gain traction and provide new opportunities for creators and users alike.

If you still have any question, do share via comments.

Don’t forget to share it with your friends and family.

Why?

Because, Sharing is Caring!

Don't forget to like us FB and join the eAskme newsletter to stay tuned with us.

Other handpicked guides for you;

>

October 07, 2022

Are non-KYC Crypto Exchanges as Safe as Their KYC-Compliant Peers?

In the world of cryptocurrency, there are two types of exchanges: those that require Know-Your-Customer (KYC) compliance from their users and those that do not. 

While both have pros and cons, many people wonder if the non-KYC exchanges are as safe as their KYC-compliant counterparts.

You can visit https://thenewsspy.technology/ to open an account. 

Are non-KYC crypto exchanges as safe as their KYC-compliant peers?: eAskme
Are non-KYC crypto exchanges as safe as their KYC-compliant peers?: eAskme

Is it safe to use non - KYC crypto exchanges?

There is a lot of debate in the crypto community about whether or not non-KYC (know your customer) exchanges are as safe as their KYC-compliant peers.

Some people argue that non-KYC deals are more vulnerable to hacks and scams, while others say that KYC exchanges are more likely to be targeted by regulators.

So, which is the safest option?

It depends on what your priorities are. A KYC exchange is your best bet if you're primarily concerned with security.

These exchanges have strict anti-money laundering (AML) and countering-the-financing-of-terrorism (CFT) policies, making them less attractive targets for criminals.

However, a non-KYC discussion might be better if you're worried about privacy.

These exchanges don't collect personal information from their users, so there's no risk of your data being leaked or stolen.

Ultimately, it's up to you to decide which type of exchange is right for you. If you value security over privacy, go with a KYC exchange.

If you value privacy over safety, go with a non-KYC exchange.

What can be the risks involved in a non - KYC crypto exchanges?

There are a couple of risks associated with non-KYC crypto exchanges, the first being that criminals may use these exchanges to launder money.

Secondly, since these exchanges don't have to comply with KYC regulations, they may not have the same level of security as their KYC-compliant counterparts.

This could lead to hackers targeting these exchanges and stealing customer funds more efficiently.

What are the advantages of using KYC crypto exchanges?

There are many advantages of using KYC-compliant exchanges, including increased security and compliance with regulations.

By having customers go through the KYC process, businesses can verify their identities and collect important information that can help prevent fraudulent activity.

In addition, KYC compliance can help exchanges avoid being blocked or sanctioned by financial regulators.

Benefits of using non - KYC crypto exchanges:

There are a few benefits to using non-KYC exchanges, the main one being that you don't have to submit personal information.

This means there's no way for the exchange to track your identity or transactions.

Additionally, non-KYC exchanges tend to be more decentralized than their KYC-compliant counterparts, meaning they're less likely to be hacked or shut down by governments.

Finally, since these exchanges don't have access to your personal information, they can't sell it to third parties (such as advertisers).

What do investors choose among KYC and non - KYC crypto exchanges to buy crypto coins?

There are many reasons why investors might choose to use a non-KYC crypto exchange over a KYC-compliant one.

Some of these reasons include the following:

  • Non-KYC exchanges tend to be much faster and easier to use than their KYC-compliant counterparts. This is because there is no need to go through the hassle of providing personal information and waiting for verification.
  • Non-KYC exchanges usually have lower fees than KYC exchanges. This is because they don't have the exact compliance costs associated with verifying customer identities.
  • Non-KYC exchanges offer more privacy and anonymity than KYC exchanges. Customers' personal information is not stored on the exchange's servers.

However, it is essential to note that non-KYC exchanges come with risks.

These risks include:

  • There is a higher risk of fraud on non-KYC exchanges, as there is no way to verify the identity of users. This means that scammers can more easily take advantage of unsuspecting investors.

Conclusion:

Ultimately, it is up to each individual to decide whether or not they want to use a KYC-compliant or non-KYC crypto exchange.

Both have pros and cons, but ultimately it is the user’s responsibility to ensure that their funds are safe.

For those who value privacy above all else, a non-KYC exchange might be the better option.

However, a KYC-compliant exchange might be the better choice for those looking for peace of mind and willing to sacrifice some privacy.

If you still have any question, feel free to ask me via comments.

Share it with your friends and family.

Don't forget to like us FB and join the eAskme newsletter to stay tuned with us.

Other Helpful Guides for You;

>

October 06, 2022

5 Cryptos to Watch for the Next BTC Bull Run in 2024

After the correction to digital assets in 2024, people are ready for the next bull run in cryptocurrencies. So, this article will talk about what to expect from the crypto bull run in 2024 and the best cryptocurrency to keep an eye on over the next few months. A closer look at the five cryptocurrencies you should be keeping an eye on this week for the next Bitcoin bull run.

5 Cryptos to Watch for the Next BTC Bull Run in 2024: eAskme
5 Cryptos to Watch for the Next BTC Bull Run in 2024: eAskme

Even though the cryptocurrency bear market has been going on since 2024, investors still want to know when the next bull market will start.

In July 2024, the market for digital assets started to recover, and many tokens showed signs that the trend might be changing.

TamaDoge:

TamaDoge is the best one to invest in for 2024.

You already know that TamaDoge has been one of the most talked about meme currencies over time.

But, unlike the ones that came before it, this one can be used for more than just guessing.

It makes the project more useful in the long run by giving people new and interesting ways to use it.

The Tama token, called TamaDoge, is the key to the Tamaverse.

You can win prizes in the metaverse if you "mine," "breed," or "fight" your own TamaDoge pet NFTs.

With the token, you can buy food, accessories, and even new pets from the NFT marketplace.

You'll get better at gaming, which will help you move up the ranks.

iGaming:

In the last few years, online games have grown a lot.

The next thing we suggest is Crypto Snack, the iGaming token with the highest growth rate in the world.

GEM Digital Limited, a big company that invests in digital assets, just announced that it would give $50 million to Crypto Snack.

After the Binance Smart Chain was made, Crypto Snack was the first DEX iGaming token distributed on it.

CoinsPaid, the best way to pay with cryptocurrency on the market, made SNACK token transactions possible in February.

It is already accepted by over 800 online businesses, including 300 online casinos and betting sites.

One of the most important integrations is BGaming, one of the first companies to offer crypto gambling games.

This feature lets SNACK members use their tokens right away on any BGaming online casino game.

Battle Infinity:

Battle Infinity is a popular form of digital money in the year 2024.

This decentralized project wants to change how games are made by adding "play-to-earn" (P2E) features that let players use blockchain technology to make money from their games.

P2E parts will be used to get this done.

Battle Infinity users can use the Battle Market to make their avatars. With the help of smart contracts, each virtual character and item on this market is turned into an NFT (Non-Fungible Token).

Through the Battle Market, creators can also sell their art on billboards in the P2E world. Both of these things can be bought at the Battle Market.

Lucky Block:

The Lucky Block project is where contest winners can get tokens that can't be sold (NFT).

Every Friday, Lucky Block has a main draw and an NFT draw.

The prizes can go as high as $50,000. Prizes include everything from luxury cars and watches to PlayStation 5 gaming systems and everything in between.

Users must buy NFT collections that have been made on Lucky Block to take part.

On the other hand, if you are a member of the Platinum Rollers Club and have a valid NFT, you can enter the Platinum NFT Prize Competitions for free.

Most rewards come in the form of LBLOCK, which is the cryptocurrency's token.

Polygon:

One of the best-performing crypto assets in July 2023 was the famous cryptocurrency Polygon (MATIC).

On July 1, 2022, MATIC will cost $0.41. On July 22, 2022, it will cost $0.91.

That means that the price has gone up by more than 100%.

Polygon is a decentralized network built on top of Ethereum to fix problems with scaling that Ethereum had.

Polygon can handle more than 65,000 transactions every second (TPS).

This is much more than Ethereum, which can only handle 15 transactions per second (TPS).

Polygon investments have made much money lately, but the cryptocurrency price is still 68% lower than its all-time high of $2.92.

If you still have any question, feel free to ask me via comments.

Share it with your friends and family.

Don't forget to join the eAskme newsletter to stay tuned with us.

Other Helpful Guides for You;

>

September 12, 2022

Ways to Spend Your Crypto Assets: The Currency of the Future

The popularity of blockchain technology and cryptocurrencies is hard to underestimate, and millions globally have begun to delve into this trend.

Anyone can buy cryptocurrencies and engage in trading, having received an additional source of income.

But many are wondering how to spend the assets. First, there is an easy way: convert to fiat currency and pay anywhere.

Ways to Spend Your Crypto Assets: The Currency of the Future: eAskme
Ways to Spend Your Crypto Assets: The Currency of the Future: eAskme

However, the industry is developing rapidly, and many companies have already introduced the ability to pay directly with Bitcoin, Ethereum, and other currencies without additional conversions.
 
First, cryptocurrencies have become increasingly popular in countries with high inflation.

This payment option didn't initially get a good reputation since it was frequently used on the black market for purchasing drugs and weapons.

However, now it's a thing of the past. So, let's see which industries crypto banking is already quite common!

Ways to Spend Your Crypto Assets:

The Largest Global Online Stores:

Such platforms as Amazon and eBay have already implemented the possibility to pay via crypto, which is highly convenient for users.

No additional transactions and increased security of payments.

Many websites try to encourage the usage of this technology by providing extra discounts or gifts for crypto customers.

Gaming & Gambling Industries:

The security and anonymity of crypto payments made them popular in gaming.

It's now possible to purchase numerous games or deposit at a New Zealand online casino via Ethereum, Bitcoin, Dogecoin, etc.

Users consider such payments more convenient since they proceed instantly and don't require additional confirmations and verifications.

Touristic Sector: Booking Tickets & Hotels:

Since Bitcoin is widely used, crypto enthusiasts now don't have to buy local currencies when traveling to another country.

Instead, touristic agencies and airlines frequently accept such transactions, allowing customers to book a plane or hotel using their crypto wallets.

Restaurants & Coffee Shops:

The growing popularity of crypto assets makes it possible to pay for a cup of coffee or lunch using Bitcoin.

Starbucks was the first chain of coffee shops to implement this option, and other businesses gladly supported this trend.

You can also get meals for cryptocurrencies at Burger King and KFC.

Buying Property Using Digital Assets:

Several decades ago, people could hardly imagine that the decentralized financial system could become so developed.

And nowadays, it's even possible to buy a house using cryptocurrencies.

Moreover, the process is easy since it's enough to find a company accepting Bitcoin and get the desired object.

Paying for Education:

Numerous institutions worldwide already accept crypto payments for their courses.

These include famous universities like King's College in New York and Financial Business School in France.

Experts consider that the technology development will soon make more educational establishments support this trend and include this banking option in their activities.

Worldwide Charity Organizations:

The accessibility of crypto donations has given a new twist of growth to charity organizations worldwide.

The thing is that many patrons who actively donate money often wish to remain anonymous.

In addition, since crypto payments are not regulated by any state or banking system, the process has become much easier and more accessible for many users.

Why Do Many Companies Still Avoid Using Cryptocurrencies?

Despite this system's popularity, many organizations are in no hurry to introduce the possibility of paying with Bitcoin.

There are several reasons for this:

  • Cryptocurrency volatility
  • Digital assets are still not legitimized
  • There is no clear mechanism governing taxation

However, these issues may be resolved soon so that more businesses will switch to crypto.

Maybe the future lies in digital assets; soon, we will not see the usual dollars, euros, and pounds!

Still have any question, do share via comments.

Share it with your friends and family.

Don't forget to like us FB and join the eAskme newsletter to stay tuned with us.

Other handpicked guides for you;

>

September 08, 2022

Investors Prefer These Top-Rated, Well-Regulated Digital Currency Exchanges

Virtual currencies have been in evidence for beyond a decade now. Ever since then, there have been significant developments in the crypto space. It helps that there is a structure to digital assets. It has made it possible to transfer funds without a central authority. In other words, transactions are secure, despite operating on decentralized platforms.

Investors Prefer These Top-Rated, Well-Regulated Digital Currency Exchanges: eAskme
Investors Prefer These Top-Rated, Well-Regulated Digital Currency Exchanges: eAskme

Digital Currency Exchanges:

The purchases, sales, trades, and exchanges of cryptocurrencies occur within the confines of virtual currency exchanges.

Investors and traders can access their digital assets easily on these online platforms.

However, novices/beginners may also wish to know about coins/tokens and cryptocurrency exchanges.

The crypto exchanges offer various products and services intending to provide user-friendly experiences.

For instance, some features are the number of coins/tokens available, affordable trading fees, number of trading pairs, security measures, and user-friendly interfaces.

It is up to the investors to find something that meets their requirements.

Additionally, they must discover exchanges that strictly adhere to existing regulations.

Outlined below are the best digital currency exchanges that serve to please investors.

Coinbase:

There is nothing ordinary about this popular cryptocurrency exchange! Instead, it has an individual style of going about things.

The methods to handle, purchase, and sell digital currency are unique!

The evidence is there in its survival for so long. Coinbase came into being in 2012. To date, it occupies the top position on the preference chart.

Kraken:

It was launched in 2011 before Coinbase came into the picture.

Yet, the latter overtook it in popularity. Nonetheless, Kraken has been doing excellently, too.

People trust it, considering it to be highly secure.

Even new traders get everything they require in the arena of knowledge and strategies. Kraken is ready to share and care!

Gemini:

Investors appreciate that it is amongst the group of well-regulated digital currencies.

The exchange grants great importance to compliance and security.

Users may experiment with over 70 virtual currencies. It also deals with Stablecoins, which are backed by diverse fiat currencies.

eToro:

The regulated exchange lends support to 40+ digital currencies.

It has a magnificent name for the safe storage of investors’ funds. It is possible because the platform has permission to operate in numerous jurisdictions.

Above all, the charges for transactions are lower than those who opt for competitive fees.

Robinhood:

The cryptocurrency exchange is based in the U.S. It is highly user-friendly. Therefore, beginners opt for it immediately.

They gain a good start in launching their respective crypto portfolios.

They are welcome to invest in stocks, digital currencies, and ETFs (exchange-traded funds).

Best of all, users benefit from a zero-fee commission while trading.

LBank:

LBank has been in existence since 2015. It supports an astounding number of digital currencies – 500+!

It helps that the charges for trading are relatively lower than other major crypto exchanges charge.

Then again, security measures are vital. There have never been incidents of lost funds or hacking.

Binance:

It is the largest virtual currency exchange in the world. Therefore, investors and traders may explore the details of over 700 coins/tokens.

The fees are affordable or inexpensive. They are the lowest in the crypto arena.

However, there is a snag. Binance is not very user-friendly.

Therefore, beginners may have to seek professionals’ or experienced experts’ help.

Crypto.com:

It provides access to many digital currencies. There are around 250 digital assets available.

Users may opt for credit cards or bank transfers to trade in/buy/sell virtual currencies.

Uphold:

People may trade in multiple digital assets directly and simultaneously.

They may even purchase or sell them on the Uphold platform.

There is transparency regarding the fee structure. Therefore, users do not encounter sudden, unpleasant surprises!

FTX:

This crypto exchange has been a recent entrant since it launched in 2019. Astoundingly, it already has a user base of over a million!

The platform offers a great fee structure, advanced security measures, and trading features (futures and margins).

Then again, it is an active proponent of having regulations in place. The authorities demonstrate their sincerity via their regulatory compliance.

Still have any question, do share via comments.

Share it with your friends and family.

Don't forget to like us FB and join the eAskme newsletter to stay tuned with us.

Other handpicked guides for you;

>

September 07, 2022

5 Altcoins To Buy And Become A Millionaire By End Of This Year!

Bitcoin is the largest Cryptocurrency by far and is the king of this market.

Many coins are created after BTC, but no other coins can match its position yet.

It faces huge competition from other Crypto projects every year. Such a tough competitor is the Altcoins.


5 Altcoins To Buy And Become A Millionaire By End Of This Year!: eAskme
5 Altcoins To Buy And Become A Millionaire By End Of This Year!: eAskme

If you really want to trade in Cryptocurrencies, more info here.

The main aim of these Altcoins is to take the position of Bitcoin.

The creators are preparing the projects in such a manner so that they can beat the popularity of BTC.

This stands to be the major goal of all the Altcoin projects available in the Cryptocurrency market.

The Rise Of Altcoins:

Over time, this market of Altcoins has reached a great height.

Certain Altcoins are very popular at present times and have huge potentials like Ethereum, Cardano, and Binance Coin.

If you are thinking of diversifying your portfolio, Altcoins are a must.

Most of the professional traders are adding these tokens along with BTC.

In the view of pricing, most such Altcoins are performing even better than Bitcoin.

The analysts and observers are waiting for a giant Altcoin rally as the top coins of this category are recovering.

But, many Altcoins are facing highs and lows in their performance. Due to this, a fraction of investors is becoming quite cautious while investing in Altcoins.

The Top Altcoins To Hold:

There are Altcoins as well, which can bring you a huge amount of profit. These coins have the potential to change the complete scenario.

They can make you a millionaire by the year ending as well.

The best 5 Altcoins are:

Ethereum:

In the space of digital assets, Ether or Ethereum is the most influential one. Since its advent, its token, ETH has been capturing the market at a rapid pace.

And, it holds the second position after BTC.

Ethereum Merge will bring the biggest updates to its network.

This will be one of the largest of its kind in the history of the Cryptocurrency market.

And, all the traders are waiting for this upgradation.

The recent announcement by Tim Beiko on the release of ETH 2.0 this year's September, is triggering a rise in its valuation.

With the rising excitement among the traders, it seems that it will overtake Bitcoin very soon.

And, in this way, it will capture the top position in the market of Cryptocurrencies.

Binance Coin:

Binance Coin is powered by the top Crypto exchange in the world, Binance.

But, with the fall in the number of transactions with this exchange, the rates of Binance Coin are falling.

But the experts believe this Token can bring growth.

And, with this, by investing in this coin, you can earn more profits by this year's ending.

Cardano:

It is a strong Altcoin and it was facing growth at a time when other Cryptocurrencies were facing loss.

Though the updates and developments in this currency are slower than the others, it has huge potential.

Its token has some unique features which are a combination of both BTC and ETH.

This is why the coin is attracting more investors than others.

Uniswap:

The analysts and investors have high hopes for this coin.

They believe that it will bring a high amount of profits by December 2022. There exists a positive attitude among the investment class on Uniswap.

Uniswap has some amazing indicators like RSI or EMA.

These tokens are helping the value of the token to rise higher over time.

Apecoin:

This is another famous Altcoin. In recent times, it has been adopted by Gucci as a payment option.

You can now buy Gucci items and pay with Apecoin. They are taking this step because Apecoin is exploring Web3.

With this, the coin becomes a very lucrative and preferred investment option.

Also, because it is an NFT Cryptocurrency, it is attracting more investors. It is a single destination for all investment needs.

Conclusion:

These are the top 5 Altcoins, where you can invest this year.

And, you can earn high profits along with a chance of becoming a millionaire by investing in this class.

These Altcoins are becoming the topmost preference of many traders in recent times.

Still have any question, do share via comments.

Share it with your friends and family.

Don't forget to like us FB and join the eAskme newsletter to stay tuned with us.

Other handpicked guides for you;

>

April 26, 2022

How Does the Value of DENT Change in Future Years?

During the past decade, smartphones have integrated into our daily lives. Today, having an internet connection included in your mobile plan is essential when selecting a provider.

However, not everyone has access to a fair offering regarding mobile data.

How Does the Value of DENT Change in Future Years?: eAskme
How Does the Value of DENT Change in Future Years?: eAskme


Thankfully, the DENT blockchain is here to help. In this article, we look at how the DENT project aims to provide a fair distribution of mobile data using blockchain technology.

This should help us provide you with a DENT price prediction and see whether this token can provide a good investment opportunity.

DENT Overview:

DENT entered the cryptocurrency market in 2017. It was one of the most successful projects during the ICO craze of that period.

In a nutshell, DENT is a global mobile provider that aims to revolutionize how the mobile data industry functions.

It focuses on offering eSIM cards that can be used anywhere in the world — 60 countries covered.

Briefly About Dent:

Tero Katajainen and Mikko Linnamäk co-founded the DENT cryptocurrency. The first one brought tech experience, while the latter equipped the project with its entrepreneurial ideas.

This resulted in a revolutionary product called Dent Wireless. The global mobile operator offers various services, such as eSIM cards, in over 60 countries.

Moreover, they have come up with a platform for data exchange and the possibility to top up your prepaid cards with the DENT cryptocurrency.

DENT has an integrated decentralized exchange to make things easier for its users.

Its users can swap their crypto seamlessly for DENT tokens and start participating in the ecosystem immediately.

Advantages of Dent:

The main advantage of the DENT is the global, borderless data plans it offers to its community. Any eSIM user can access the internet on their smartphone without paying any roaming fees.

With DENT, you are no longer tied geographically to your operator and can use your mobile data plan at the same cost in 60 countries.

Moreover, DENT allows users to share their extra data with others on the network, further decentralizing the concept.

This way, businesses don’t have to create multiple accounts for all their employees but can share their mobile data with the entire team at once.

How Does It Work?

The network works on a proof-of-stake consensus mechanism and uses DENT, an ERC-20 token created on Ethereum.

The advantage of this is that the Dent network is highly scalable and uses very little power to run.

This is ideal, as the team hopes to reach millions of people shortly.

Price Changes of DENT:

The DENT crypto was released right before the 2017-2018 bull run. The value of DENT tokens in that period skyrocketed from $0.001 to $0.1 in just a couple of weeks.

However, this 10.000% price increase was quite short-lived, and the subsequent market crash brought prices back to their original values by the end of 2018.

The DENT price hovered between $0.0001 and $0.0003 during the 2019-2020 period.

However, in 2021, the project experienced a stark revival, and the price reached a two-year high of $0.02 in April 2021.

While the price has somewhat retraced since then, it currently retains some bullish momentum and is trading at around $0.007.

DENT Forecast for 2022-2024:

While we think that DENT has a lot of potentials, we have gathered experts’ opinions from all over the internet about DENT’s future price action.

Price Prediction for 2022:

Here’s what some analysts forecast for DENT in 2022:

  • Walletinvestor has a bullish view on DENT and hopes to see the token reach a price of $0.0114 by the end of next year.
  • DigitalCoinPrice is similarly bullish and bets on a $0.012 price for 2022.
  • TradingBeasts, on the other hand, is less enthusiastic. They place DENT at $0.007 in 2022.

Price Prediction for 2023:

For 2023, price predictions will become more challenging.

There might be another bear market by then, and prices could drop.

  • Walletinvestor predicts a price between $0.007 and $0.01.
  • DigitalCoinPrice forecasts a price of $0.013 for DENT in 2023.
  • TradingBeasts put the DENT token at around $0.006 by 2023.

Price Prediction for 2024:

Finally, for 2024, we have the following price predictions from these reputable websites:
  • Walletinvestor hopes to see DENT above $0.02 by the end of 2024.
  • DigitalCoinPrice predicts $0.017.
  • TradingBeasts offers a more conservative view with a $0.01 per DENT token.

What Will Dent Worth in the Future?

One thing is for sure, Dent’s services are very appealing.

A global mobile network with a democratic pricing plan is something that everyone needs in their life.

It is bound to grow in the following years, and so should the value of DENT tokens.

Expert’s opinions converge towards a price of $0.01 per DENT, which could mean an increase of 60% in the following years.

Remember that cryptocurrencies are volatile assets, and no price prediction is set in stone.

Other handpicked guides for you;

>

March 10, 2022

Can You Still Get Rich By Investing Crypto?

Cryptocurrencies have taken the world by storm, and with good reason. They offer investors a chance to make a lot of money in a short amount of time. However, many people are still confused about investing in cryptocurrencies.

They believe that it is too late to get rich by investing in them.

Can You Still Get Rich By Investing Crypto: eAskme
Can You Still Get Rich By Investing Crypto: eAskme

But is this the case? Can you still get rich by investing in cryptocurrencies?

Here we will tell you the answers to all these questions.

Some people may be hesitant to invest in crypto because of its volatility; others believe it is still possible to get rich by investing in cryptocurrencies.

This article will look at some of the factors you need to consider if you want to become a cryptocurrency investor.

Can You Make Money through the Cryptos?

Cryptocurrencies are all the rage lately. Everyone is talking about Bitcoin, Ethereum, Litecoin, and other altcoins.

It's easy to see why: the value of these digital assets has soared in recent months.

If you're thinking about investing in cryptocurrencies, you're not alone.

But can you still get rich by investing in cryptos?

The answer is yes – but it's not as easy as it used to be.

In the past, if you wanted to make money, you would need to invest in stocks, real estate, or some other form of physical asset.

However, with the advent of the blockchain and cryptocurrencies, a new way to make money has emerged.

You can now make money simply by owning cryptocurrencies through crypto trading, investing in digital currencies, and participating in initial Coin Offerings (ICOs).

While there is risk associated with these activities, there is also the potential for significant returns.

Strategies for Making Money with Crypto:

There are several ways to make money with cryptocurrency. The most common method is to buy low and sell high.

While some cryptocurrencies are used primarily as speculative investments, others can purchase goods and services.

There are many ways to make money with crypto.

Remember to use while investing because it tells you about coin price predictions.

You can invest in a cryptocurrency and hope that its value goes up.

You can mine cryptocurrencies or use them to buy goods and services. Invest in a cryptocurrency that you believe in.

Don't invest in a cryptocurrency just because it's popular or someone told you to.

Crypto Social Media:

Cryptocurrencies are all the rage right now. If you're looking to make some money, you might be wondering how you can get involved.

One way to do this is to start using crypto-based social media platforms.

These platforms reward you for creating and curating content. In most cases, you are rewarded with the native coin of the platform.

It can be a great way to make some extra money while you're online.
 
If you're looking for ways to make money with crypto, you're in luck.

Multiple blockchain-based social media platforms will reward you for creating and curating content.

You are often rewarded with the native coin of the platform.

Steemit, for example, rewards users with STEEM tokens. Many platforms offer rewards in their tokens.

Staking and Lending:

Cryptocurrencies are a new and exciting way to make money.

While many people invest in them to hope for significant returns, other ways are to make money from cryptocurrencies.

One such method is staking and lending. With staking, you hold onto a cryptocurrency and allow it to earn interest.

With lending, you loan out your cryptocurrency and collect interest on it.

These methods can be a great way to make money from your crypto investments.

Investing:

Cryptocurrencies are a new investment opportunity that can offer high returns.

By investing in cryptocurrencies, you can make money by holding them long-term or trading them on exchanges.

While risk is involved in any investment, cryptocurrencies offer a unique chance to participate in a new and rapidly growing market.

Conclusion:

There are many ways to get rich, and investing in cryptocurrencies is one.

However, it is essential to remember that this is a high-risk investment, and there is no guarantee that you will make money.

So before you invest your hard-earned cash into crypto, be sure to do your research and understand the risks involved.

Other handpicked guides for you;

>

January 12, 2022

What Are Crypto Assets? Here Is A-Z You Need To Know About

From the perspective of accounting, both cryptocurrencies and crypto-assets constitute identical meanings.

It usually takes two sides, the cryptographic asset or cryptographic currency.

What Are Crypto Assets? Here Is A-Z You Need To Know About : eAskme
What Are Crypto Assets? Here Is A-Z You Need To Know About: eAskme

Irrespective of the side which would be picked, one must know that these are digital assets, not physical ones.

Crypto assets are the kind of assets included on the balance sheet.

Bitcoin was one of the first cryptocurrencies, but many other categories are available in the crypto-asset market over time.

  • The term 'crypto' refers to hidden, which indicates the usage of secure technology to make payments between different users.
  • The term 'currency' means how cryptocurrencies have been designed.

In this digital era, it falls in the category of being one of the most common forms of electronic cash.

However, these form currencies are quite different from the cash regularly carried in these form currencies.

Their existence is only in electronic terms, and a peer-to-peer system is used.

Any authority, such as the government or central bank, is absent for proper management of the system if things don't function properly.

In the Yuan Pay Group trading app, more and more people are investing it since they find it quite appealing because they can easily control their funds with some calculated risks.

However, since there's no protection given by central authority or bank, even if the funds get stolen, no one holds the responsibility to get your funds back.

Uses of Cryptocurrency:

Cryptocurrencies are not accepted payment terms in supermarkets, grocery shops, food shops, etc.

The payment using cryptocurrency is usually excessive and slower than widely renowned currency such as sterling.

Although the development is still in progress to make cryptocurrency more convenient.

This is one of the reasons why banks regard them as "crypto-assets" rather than "cryptocurrencies."

Usually, cryptocurrencies are used by people who make huge investments and, as a result, expect some significant rise in value.

Sometimes there's a massive rise in value and, at times significant drop in value. The determination of value is extremely unpredictable.

Overview of Crypto assets:

One of the simplest ways to comprehend a crypto asset is a common form of digital asset.

Most investors are confused that not every digital asset is a crypto asset.

Some of the characteristics are as follows:-

  • Cryptography is widely used in crypto assets.
  • This type of asset is highly dependent on distributed ledger technology.
  • No requirement of any third party like a bank or financial institution for sorting any issues related to crypto-assets.
  • Crypto assets are commonly used to access goods and services, investment, and a means of exchange.

Bitcoin is a typical example of a crypto asset.

The common belief is that all currencies are assets, but not all crypto assets can be regarded as a cryptocurrency.

Instead, the assets are classified under three categories regarded as tokenization of assets or tokens.

The investment is made to generate future profit even though investment in it is quite unpredictable.

Types of Cryptocurrencies:

There is a wide range of crypto assets available in the market.

Some of the common ones are Ethereum, Litecoin, Bitcoin, and Ripple.

Cryptographic techniques are used to deal with crypto assets to access electronic or digital assets.

It acts as a popular medium of exchange for every financial transaction.

The other classifications of crypto assets are cryptocurrencies, utility coins, and security coins.

The currency's security is facilitated by creating additional units and transferring assets.

Many of such currencies follow blockchain technology.

Conclusion:

The supply of crypto assets is one of the most significant aspects of trading, and the determinant of the supply of a crypto asset is its utility and value.

In recent times, a sudden rise has been noticed in bitcoin technology investment, and it is an outstanding opportunity for potential investors looking forward to capitalization followed by maximizing profits.

If you are a crypto investor and planning to grow with crypto investments soon financially, the mentioned above points will help you make the right decision.

You May Also Like These;

>

June 15, 2020

How to Manage Crypto Assets in 2024?

Crypto assets are becoming more popular as investment vehicles, not only for individual traders but for hedge funds looking for manage risk. With equities, you can analyze the balance sheet and the information a company has made available.

But with crypto assets, all the fundamentals are publicly visible in the blockchain.

Cryptocurrencies are attractive to portfolio managers because they offer an asset class that has low correlation with stocks and bonds.

How to Manage Crypto Assets in 2024?: eAskme
How to Manage Crypto Assets in 2024?: eAskme

Other people are reading: How to Trade Bitcoin Employing Successful Strategies?

This makes cryptocurrencies a valuable tool in the portfolio manager’s mission of building a diversified portfolio across several asset classes.

While virtually all cryptocurrencies are correlated to some extent, you can build a portfolio entirely based on cryptocurrencies with the principles of portfolio theory to limit your risk.

Tips for Managing a Cryptocurrency Portfolio:

Here are some tips for managing a portfolio of crypto assets.

Apply Portfolio Management Theory to Your Crypto Portfolio:

Portfolio management theory holds that higher potential returns are associated with higher risk, and vice versa.

This means that the assets in a portfolio should be diversified.

By choosing assets that do not move together as tightly, the collective volatility of the portfolio is reduced because the assets will not all move in the same direction and magnitude.

Establish the Client’s Risk Profile:

A client’s risk profile is determined by two factors:
  1. Risk tolerance
  2. Risk ability

Risk tolerance:

Risk tolerance is determined by the client's experience, sensitivity to loss, awareness of the risks involved, and the client's desire to follow market developments.

Risk awareness:

Risk awareness is characterized by the client’s desire for greater profit potential in return for higher risk or a lower potential for profit in return for lower risk.

Some of this is determined by personality and some of it is dependent upon their sensitivity to loss.

If clients are perfectly content with losing all their money, they can be much more aggressive, for example.

Risk ability:

Risk ability is composed of a few factors.

How long are they looking to cash out the investment? What ratio of the assets is free vs. bound?

This is basically the sum of all factors that prevent the client from risking their capital.

What is the client’s comfort level with cryptocurrencies? Do they regularly visit a cryptocurrency news site and see what’s happening with their investment? If not, they may be skittish about risk if they don’t have a grasp of the rhythms of cryptocurrency.

The consideration of these factors leads to a risk profile. This determines the risks that a client is willing to take and clarifies what type of investments can be considered for their portfolio.

Constructing a Crypto Portfolio:

There are three subclasses of cryptocurrency:

  1. Money
  2. Infrastructure
  3. General-purpose.
Cryptocurrencies within each of these classes tend to be more correlated with other cryptocurrencies in the same class than with cryptocurrencies in other classes.

Bitcoin, Litecoin, Bitcoin Cash and Dash are all money-class cryptocurrencies. These cryptos attempt to compete with fiat currencies.

Ethereum is the leading infrastructure cryptocurrency. Cryptocurrencies with smart contracts are found in this category.


These cryptocurrencies do more than provide a store of value. They provide a token that drives infrastructure.

Other examples of infrastructure cryptocurrencies include Lisk and IOTA.

General-purpose cryptocurrencies are those which do not fall into the categories above. Each subclass has a particular risk signature that can be considered when applying a client’s risk portfolio.


The money subclass has the lowest return and the lowest volatility. The infrastructure subclass has moderate returns and moderate volatility.

The general-purpose subclass varies widely, but generally has a higher return and higher volatility.

Something to consider with this theory is the standard-bearer status of Bitcoin and Ethereum.

As leaders of the two major classes, they are often bought and sold at the same time.

There are times, therefore, when the correlation between Bitcoin and Ethereum is very high, due to the fact that they are the two most popular cryptocurrencies and traders often trade in both.

You can examine the correlations of other infrastructure class cryptocurrencies with Bitcoin, or other money class cryptocurrencies with Ethereum, to attempt to avoid this problem.

By spreading your portfolio across these three subclasses of cryptocurrency, you can limit their correlation with each other and better manage your risk.

Conclusion:

Crypto assets are quickly gaining steam as investments, from mainstream financial institutions and individuals alike.

The same rules of portfolio management theory that apply to traditional assets can be applied to cryptocurrency assets to limit your risk.

If you find this article interesting, don’t forget to share it with your friends and family.

Sharing is Caring!

Don't forget to like us FB and join the eAskme newsletter to stay tuned with us.

You May Also Like These;
>