Crypto arbitrage tool - find best cryptocurrency arbitrage ...

Digital Currency Arbitrage Platform

Find arbitrage opportunities in cryptocurrency markets.
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Global CPQ Community on Reddit

Global CPQ Community for all things Global CPQ. Run by Global CPQ team. THIS IS THE REAL GROUP. ​ Our intelligent pricing Configure-Price-Quote (CPQ) platform analyzes cryptocurrency and fiat market data, is built upon blockchain technology, and integrates directly with your company's existing CRM and ERP systems. CPQ Token Cryptocurrency
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08-31 08:48 - 'I get it now.. even with arbitrage the currency is worth less against the dollar and btc is mostly traded against the dollar so high dollar creates btc ATH in local currency' by /u/qbisq removed from /r/Bitcoin within 693-703min

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I get it now.. even with arbitrage the currency is worth less against the dollar and btc is mostly traded against the dollar so high dollar creates btc ATH in local currency
'''
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Author: qbisq
submitted by removalbot to removalbot [link] [comments]

12-04 15:44 - 'The Crypto Arbitrage Monitor Software allows a trader to view arbitrage situations between different crypto currencies and altcoins and different crypto exchanges: Binance, Bitfinex, Bitmex, Bittrex, Bitstamp, CryptoFacilitie...' by /u/neskoromniy removed from /r/Bitcoin within 0-9min

'''
The Crypto Arbitrage Monitor Software allows a trader to view arbitrage situations between different crypto currencies and altcoins and different crypto exchanges: Binance, Bitfinex, Bitmex, Bittrex, Bitstamp, CryptoFacilities, Gdax, HitBTC, Huobi, Kraken, Poloniex, YoBit in real time mode.

This software also collects information and saves it into history files. Trader has possibility to export historical arbitrage situations into csv file and analyse it in MS Excel. Software shows: buy/sell exchanges names, arbitrage situation time of appearance, arbitrage situation duration currency, potential profit. Software calculates potential profits based on available volume on the top of book and considers spread and commissions. Download link:

Video: [[link]3

You can download software for free here: [[link]4

'''
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Author: neskoromniy
1: y*ut*.b*/Km*mien0*eA 2: *3.amaz*n*ws.com/1cr*p*otr**eca*_set*p.e** 3: yo*t*.*e**mTmien0i*A]^^1 4: s*.*mazon*ws*co*/1*ryptotrade*am\_*etup*e***^^2
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

www.arbitragecoins.com World's 1st Arbitrage Crypto Currency Exchange /r/Bitcoin

www.arbitragecoins.com World's 1st Arbitrage Crypto Currency Exchange /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

[uncensored-r/Bitcoin] www.arbitragecoins.com World's 1st Arbitrage Crypto Currency Exchange

The following post by CreeshBTC is being replicated because the post has been silently removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/75wk0e
The original post's content was as follows:
www.arbitragecoins.com is worlds first crypto exchange which allows a clear cut arbitrage to take place between other exchanges. Their SELL price is always the highest compare to other platform. Example Arbitrage: BUY Selected coins in Bitfinex at a LOW price SELL that coin in www.arbitragecoins.com at a HIGH price The differences is a clear cut Arbitrage profit!!! I have been trading without a loss even a single day for the past 2 months.Arbitragecoins does not have a referral or affialiate benefit. If you made money with this and you want to thank me, please consider sending coins to me: 1v9UCfygQf3toN1vA5xyr7LhKmv9QWcwZ Thank You Friends
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

'A bank teller once asked me "Do you buy coin?" perhaps flirtatiously while processing a wire transfer to Bitstamp. I told her that I'm doing complex arbitrage between national currencies, Bitcoin, and precious metals between multiple international markets.'

submitted by adfsdsafad to Buttcoin [link] [comments]

WSJ, Feb 4, 2018: Bitcoin's Crashing? That Won't Stop Arbitrage Traders From Raking in Millions - One of the oldest tactics on Wall Street is going viral in the world of digital currencies.

WSJ, Feb 4, 2018: Bitcoin's Crashing? That Won't Stop Arbitrage Traders From Raking in Millions - One of the oldest tactics on Wall Street is going viral in the world of digital currencies. submitted by tellman1257 to Bitcoin [link] [comments]

WSJ, Feb 4, 2018: Bitcoin's Crashing? That Won't Stop Arbitrage Traders From Raking in Millions - One of the oldest tactics on Wall Street is going viral in the world of digital currencies.

WSJ, Feb 4, 2018: Bitcoin's Crashing? That Won't Stop Arbitrage Traders From Raking in Millions - One of the oldest tactics on Wall Street is going viral in the world of digital currencies. submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

10-12 12:32 - 'www.arbitragecoins.com World's 1st Arbitrage Crypto Currency Exchange' (self.Bitcoin) by /u/CreeshBTC removed from /r/Bitcoin within 13-23min

'''
[link]1 is worlds first crypto exchange which allows a clear cut arbitrage to take place between other exchanges. Their SELL price is always the highest compare to other platform. Example Arbitrage: BUY Selected coins in Bitfinex at a LOW price SELL that coin in [link]1 at a HIGH price The differences is a clear cut Arbitrage profit!!! I have been trading without a loss even a single day for the past 2 months.Arbitragecoins does not have a referral or affialiate benefit. If you made money with this and you want to thank me, please consider sending coins to me: 1v9UCfygQf3toN1vA5xyr7LhKmv9QWcwZ Thank You Friends
'''
www.arbitragecoins.com World's 1st Arbitrage Crypto Currency Exchange
Go1dfish undelete link
unreddit undelete link
Author: CreeshBTC
1: www.arbitragecoins.com 2: www.arbitragecoins.com
submitted by removalbot to removalbot [link] [comments]

BitcoinAll comment: New Bitcoin and training program that teaches you everything on how to buy cypto-currencies like bitcoin and etherium, arbitrage, bitcoin wallets and security, what to look f. Join the conversation!

BitcoinAll comment: New Bitcoin and training program that teaches you everything on how to buy cypto-currencies like bitcoin and etherium, arbitrage, bitcoin wallets and security, what to look f. Join the conversation! submitted by BitcoinAllBot to BitcoinAll [link] [comments]

20 Jobs of the Future (Youtube) Alternative Currency Speculator: As Bitcoin and other virtual currencies are gaining traction with people who distrust Fiat currency; this is creating an opportunity for alternative currency arbitrage and investment opportunities.

20 Jobs of the Future (Youtube) Alternative Currency Speculator: As Bitcoin and other virtual currencies are gaining traction with people who distrust Fiat currency; this is creating an opportunity for alternative currency arbitrage and investment opportunities. submitted by ILikeGreenit to Bitcoin [link] [comments]

Ultimate glossary of crypto currency terms, acronyms and abbreviations

I thought it would be really cool to have an ultimate guide for those new to crypto currencies and the terms used. I made this mostly for beginner’s and veterans alike. I’m not sure how much use you will get out of this. Stuff gets lost on Reddit quite easily so I hope this finds its way to you. Included in this list, I have included most of the terms used in crypto-communities. I have compiled this list from a multitude of sources. The list is in alphabetical order and may include some words/terms not exclusive to the crypto world but may be helpful regardless.
2FA
Two factor authentication. I highly advise that you use it.
51% Attack:
A situation where a single malicious individual or group gains control of more than half of a cryptocurrency network’s computing power. Theoretically, it could allow perpetrators to manipulate the system and spend the same coin multiple times, stop other users from completing blocks and make conflicting transactions to a chain that could harm the network.
Address (or Addy):
A unique string of numbers and letters (both upper and lower case) used to send, receive or store cryptocurrency on the network. It is also the public key in a pair of keys needed to sign a digital transaction. Addresses can be shared publicly as a text or in the form of a scannable QR code. They differ between cryptocurrencies. You can’t send Bitcoin to an Ethereum address, for example.
Altcoin (alternative coin): Any digital currency other than Bitcoin. These other currencies are alternatives to Bitcoin regarding features and functionalities (e.g. faster confirmation time, lower price, improved mining algorithm, higher total coin supply). There are hundreds of altcoins, including Ether, Ripple, Litecoin and many many others.
AIRDROP:
An event where the investors/participants are able to receive free tokens or coins into their digital wallet.
AML: Defines Anti-Money Laundering laws**.**
ARBITRAGE:
Getting risk-free profits by trading (simultaneous buying and selling of the cryptocurrency) on two different exchanges which have different prices for the same asset.
Ashdraked:
Being Ashdraked is essentially a more detailed version of being Zhoutonged. It is when you lose all of your invested capital, but you do so specifically by shorting Bitcoin. The expression “Ashdraked” comes from a story of a Romanian cryptocurrency investor who insisted upon shorting BTC, as he had done so successfully in the past. When the price of BTC rose from USD 300 to USD 500, the Romanian investor lost all of his money.
ATH (All Time High):
The highest price ever achieved by a cryptocurrency in its entire history. Alternatively, ATL is all time low
Bearish:
A tendency of prices to fall; a pessimistic expectation that the value of a coin is going to drop.
Bear trap:
A manipulation of a stock or commodity by investors.
Bitcoin:
The very first, and the highest ever valued, mass-market open source and decentralized cryptocurrency and digital payment system that runs on a worldwide peer to peer network. It operates independently of any centralized authorities
Bitconnect:
One of the biggest scams in the crypto world. it was made popular in the meme world by screaming idiot Carlos Matos, who infamously proclaimed," hey hey heeeey” and “what's a what's a what's up wasssssssssuuuuuuuuuuuuup, BitConneeeeeeeeeeeeeeeeeeeeeeeect!”. He is now in the mentally ill meme hall of fame.
Block:
A package of permanently recorded data about transactions occurring every time period (typically about 10 minutes) on the blockchain network. Once a record has been completed and verified, it goes into a blockchain and gives way to the next block. Each block also contains a complex mathematical puzzle with a unique answer, without which new blocks can’t be added to the chain.
Blockchain:
An unchangeable digital record of all transactions ever made in a particular cryptocurrency and shared across thousands of computers worldwide. It has no central authority governing it. Records, or blocks, are chained to each other using a cryptographic signature. They are stored publicly and chronologically, from the genesis block to the latest block, hence the term blockchain. Anyone can have access to the database and yet it remains incredibly difficult to hack.
Bullish:
A tendency of prices to rise; an optimistic expectation that a specific cryptocurrency will do well and its value is going to increase.
BTFD:
Buy the fucking dip. This advise was bestowed upon us by the gods themselves. It is the iron code to crypto enthusiasts.
Bull market:
A market that Cryptos are going up.
Consensus:
An agreement among blockchain participants on the validity of data. Consensus is reached when the majority of nodes on the network verify that the transaction is 100% valid.
Crypto bubble:
The instability of cryptocurrencies in terms of price value
Cryptocurrency:
A type of digital currency, secured by strong computer code (cryptography), that operates independently of any middlemen or central authoritie
Cryptography:
The art of converting sensitive data into a format unreadable for unauthorized users, which when decoded would result in a meaningful statement.
Cryptojacking:
The use of someone else’s device and profiting from its computational power to mine cryptocurrency without their knowledge and consent.
Crypto-Valhalla:
When HODLers(holders) eventually cash out they go to a place called crypto-Valhalla. The strong will be separated from the weak and the strong will then be given lambos.
DAO:
Decentralized Autonomous Organizations. It defines A blockchain technology inspired organization or corporation that exists and operates without human intervention.
Dapp (decentralized application):
An open-source application that runs and stores its data on a blockchain network (instead of a central server) to prevent a single failure point. This software is not controlled by the single body – information comes from people providing other people with data or computing power.
Decentralized:
A system with no fundamental control authority that governs the network. Instead, it is jointly managed by all users to the system.
Desktop wallet:
A wallet that stores the private keys on your computer, which allow the spending and management of your bitcoins.
DILDO:
Long red or green candles. This is a crypto signal that tells you that it is not favorable to trade at the moment. Found on candlestick charts.
Digital Signature:
An encrypted digital code attached to an electronic document to prove that the sender is who they say they are and confirm that a transaction is valid and should be accepted by the network.
Double Spending:
An attack on the blockchain where a malicious user manipulates the network by sending digital money to two different recipients at exactly the same time.
DYOR:
Means do your own research.
Encryption:
Converting data into code to protect it from unauthorized access, so that only the intended recipient(s) can decode it.
Eskrow:
the practice of having a third party act as an intermediary in a transaction. This third party holds the funds on and sends them off when the transaction is completed.
Ethereum:
Ethereum is an open source, public, blockchain-based platform that runs smart contracts and allows you to build dapps on it. Ethereum is fueled by the cryptocurrency Ether.
Exchange:
A platform (centralized or decentralized) for exchanging (trading) different forms of cryptocurrencies. These exchanges allow you to exchange cryptos for local currency. Some popular exchanges are Coinbase, Bittrex, Kraken and more.
Faucet:
A website which gives away free cryptocurrencies.
Fiat money:
Fiat currency is legal tender whose value is backed by the government that issued it, such as the US dollar or UK pound.
Fork:
A split in the blockchain, resulting in two separate branches, an original and a new alternate version of the cryptocurrency. As a single blockchain forks into two, they will both run simultaneously on different parts of the network. For example, Bitcoin Cash is a Bitcoin fork.
FOMO:
Fear of missing out.
Frictionless:
A system is frictionless when there are zero transaction costs or trading retraints.
FUD:
Fear, Uncertainty and Doubt regarding the crypto market.
Gas:
A fee paid to run transactions, dapps and smart contracts on Ethereum.
Halving:
A 50% decrease in block reward after the mining of a pre-specified number of blocks. Every 4 years, the “reward” for successfully mining a block of bitcoin is reduced by half. This is referred to as “Halving”.
Hardware wallet:
Physical wallet devices that can securely store cryptocurrency maximally. Some examples are Ledger Nano S**,** Digital Bitbox and more**.**
Hash:
The process that takes input data of varying sizes, performs an operation on it and converts it into a fixed size output. It cannot be reversed.
Hashing:
The process by which you mine bitcoin or similar cryptocurrency, by trying to solve the mathematical problem within it, using cryptographic hash functions.
HODL:
A Bitcoin enthusiast once accidentally misspelled the word HOLD and it is now part of the bitcoin legend. It can also mean hold on for dear life.
ICO (Initial Coin Offering):
A blockchain-based fundraising mechanism, or a public crowd sale of a new digital coin, used to raise capital from supporters for an early stage crypto venture. Beware of these as there have been quite a few scams in the past.
John mcAfee:
A man who will one day eat his balls on live television for falsely predicting bitcoin going to 100k. He has also become a small meme within the crypto community for his outlandish claims.
JOMO:
Joy of missing out. For those who are so depressed about missing out their sadness becomes joy.
KYC:
Know your customer(alternatively consumer).
Lambo:
This stands for Lamborghini. A small meme within the investing community where the moment someone gets rich they spend their earnings on a lambo. One day we will all have lambos in crypto-valhalla.
Ledger:
Away from Blockchain, it is a book of financial transactions and balances. In the world of crypto, the blockchain functions as a ledger. A digital currency’s ledger records all transactions which took place on a certain block chain network.
Leverage:
Trading with borrowed capital (margin) in order to increase the potential return of an investment.
Liquidity:
The availability of an asset to be bought and sold easily, without affecting its market price.
of the coins.
Margin trading:
The trading of assets or securities bought with borrowed money.
Market cap/MCAP:
A short-term for Market Capitalization. Market Capitalization refers to the market value of a particular cryptocurrency. It is computed by multiplying the Price of an individual unit of coins by the total circulating supply.
Miner:
A computer participating in any cryptocurrency network performing proof of work. This is usually done to receive block rewards.
Mining:
The act of solving a complex math equation to validate a blockchain transaction using computer processing power and specialized hardware.
Mining contract:
A method of investing in bitcoin mining hardware, allowing anyone to rent out a pre-specified amount of hashing power, for an agreed amount of time. The mining service takes care of hardware maintenance, hosting and electricity costs, making it simpler for investors.
Mining rig:
A computer specially designed for mining cryptocurrencies.
Mooning:
A situation the price of a coin rapidly increases in value. Can also be used as: “I hope bitcoin goes to the moon”
Node:
Any computing device that connects to the blockchain network.
Open source:
The practice of sharing the source code for a piece of computer software, allowing it to be distributed and altered by anyone.
OTC:
Over the counter. Trading is done directly between parties.
P2P (Peer to Peer):
A type of network connection where participants interact directly with each other rather than through a centralized third party. The system allows the exchange of resources from A to B, without having to go through a separate server.
Paper wallet:
A form of “cold storage” where the private keys are printed onto a piece of paper and stored offline. Considered as one of the safest crypto wallets, the truth is that it majors in sweeping coins from your wallets.
Pre mining:
The mining of a cryptocurrency by its developers before it is released to the public.
Proof of stake (POS):
A consensus distribution algorithm which essentially rewards you based upon the amount of the coin that you own. In other words, more investment in the coin will leads to more gain when you mine with this protocol In Proof of Stake, the resource held by the “miner” is their stake in the currency.
PROOF OF WORK (POW) :
The competition of computers competing to solve a tough crypto math problem. The first computer that does this is allowed to create new blocks and record information.” The miner is then usually rewarded via transaction fees.
Protocol:
A standardized set of rules for formatting and processing data.
Public key / private key:
A cryptographic code that allows a user to receive cryptocurrencies into an account. The public key is made available to everyone via a publicly accessible directory, and the private key remains confidential to its respective owner. Because the key pair is mathematically related, whatever is encrypted with a public key may only be decrypted by its corresponding private key.
Pump and dump:
Massive buying and selling activity of cryptocurrencies (sometimes organized and to one’s benefit) which essentially result in a phenomenon where the significant surge in the value of coin followed by a huge crash take place in a short time frame.
Recovery phrase:
A set of phrases you are given whereby you can regain or access your wallet should you lose the private key to your wallets — paper, mobile, desktop, and hardware wallet. These phrases are some random 12–24 words. A recovery Phrase can also be called as Recovery seed, Seed Key, Recovery Key, or Seed Phrase.
REKT:
Referring to the word “wrecked”. It defines a situation whereby an investor or trader who has been ruined utterly following the massive losses suffered in crypto industry.
Ripple:
An alternative payment network to Bitcoin based on similar cryptography. The ripple network uses XRP as currency and is capable of sending any asset type.
ROI:
Return on investment.
Safu:
A crypto term for safe popularized by the Bizonnaci YouTube channel after the CEO of Binance tweeted
“Funds are safe."
“the exchage I use got hacked!”“Oh no, are your funds safu?”
“My coins better be safu!”


Sats/Satoshi:
The smallest fraction of a bitcoin is called a “satoshi” or “sat”. It represents one hundred-millionth of a bitcoin and is named after Satoshi Nakamoto.
Satoshi Nakamoto:
This was the pseudonym for the mysterious creator of Bitcoin.
Scalability:
The ability of a cryptocurrency to contain the massive use of its Blockchain.
Sharding:
A scaling solution for the Blockchain. It is generally a method that allows nodes to have partial copies of the complete blockchain in order to increase overall network performance and consensus speeds.
Shitcoin:
Coin with little potential or future prospects.
Shill:
Spreading buzz by heavily promoting a particular coin in the community to create awareness.
Short position:
Selling of a specific cryptocurrency with an expectation that it will drop in value.
Silk road:
The online marketplace where drugs and other illicit items were traded for Bitcoin. This marketplace is using accessed through “TOR”, and VPNs. In October 2013, a Silk Road was shut down in by the FBI.
Smart Contract:
Certain computational benchmarks or barriers that have to be met in turn for money or data to be deposited or even be used to verify things such as land rights.
Software Wallet:
A crypto wallet that exists purely as software files on a computer. Usually, software wallets can be generated for free from a variety of sources.
Solidity:
A contract-oriented coding language for implementing smart contracts on Ethereum. Its syntax is similar to that of JavaScript.
Stable coin:
A cryptocoin with an extremely low volatility that can be used to trade against the overall market.
Staking:
Staking is the process of actively participating in transaction validation (similar to mining) on a proof-of-stake (PoS) blockchain. On these blockchains, anyone with a minimum-required balance of a specific cryptocurrency can validate transactions and earn Staking rewards.
Surge:
When a crypto currency appreciates or goes up in price.
Tank:
The opposite of mooning. When a coin tanks it can also be described as crashing.
Tendies
For traders , the chief prize is “tendies” (chicken tenders, the treat an overgrown man-child receives for being a “Good Boy”) .
Token:
A unit of value that represents a digital asset built on a blockchain system. A token is usually considered as a “coin” of a cryptocurrency, but it really has a wider functionality.
TOR: “The Onion Router” is a free web browser designed to protect users’ anonymity and resist censorship. Tor is usually used surfing the web anonymously and access sites on the “Darkweb”.
Transaction fee:
An amount of money users are charged from their transaction when sending cryptocurrencies.
Volatility:
A measure of fluctuations in the price of a financial instrument over time. High volatility in bitcoin is seen as risky since its shifting value discourages people from spending or accepting it.
Wallet:
A file that stores all your private keys and communicates with the blockchain to perform transactions. It allows you to send and receive bitcoins securely as well as view your balance and transaction history.
Whale:
An investor that holds a tremendous amount of cryptocurrency. Their extraordinary large holdings allow them to control prices and manipulate the market.
Whitepaper:

A comprehensive report or guide made to understand an issue or help decision making. It is also seen as a technical write up that most cryptocurrencies provide to take a deep look into the structure and plan of the cryptocurrency/Blockchain project. Satoshi Nakamoto was the first to release a whitepaper on Bitcoin, titled “Bitcoin: A Peer-to-Peer Electronic Cash System” in late 2008.
And with that I finally complete my odyssey. I sincerely hope that this helped you and if you are new, I welcome you to crypto. If you read all of that I hope it increased, you in knowledge.
my final definition:
Crypto-Family:
A collection of all the HODLers and crypto fanatics. A place where all people alike unite over a love for crypto.
We are all in this together as we pioneer the new world that is crypto currency. I wish you a great day and Happy HODLing.
-u/flacciduck
feel free to comment words or terms that you feel should be included or about any errors I made.
Edit1:some fixes were made and added words.
submitted by flacciduck to CryptoCurrency [link] [comments]

Is Convergence the Future of DeFi? InfinityDefi Tells Who Will Dominate the Field

After more than two years of brewing, DeFi broke out in the summer of 2020. Within just three months from mid-June till present, the progress is dazzling. This is by far the most innovative stage in the cryptocurrency history. Liquidity mining and yield farming are extremely popular and the Ethereum gas fee skyrocketed on their backs. Meanwhile, some projects are forced to close due to the overly costly transaction fees they need to subsidize for users. What did classic DeFi projects do in the past six months?
Liquidity mining has been a recognized driver for DeFi. The model was originated by Synthetix on Curve to distribute SNX token incentives to users who provide liquidity for the sUSD pool. Synthetix is a synthetic asset generation and trading protocol, therefore, with no liquidity its synthetic assets are meaningless.
What is liquidity mining? It is depositing or lending tokens under a set of rules to a DeFi product with a mining mechanism to ensure liquidity for the product’s fund pool with the final aim to get rewards for it. The recently popular Compound does it. Compound is a DeFi protocol for collateralized lending on Ethereum. Users provide their tokens to get annualized income or pay interest to borrow tokens. While borrowing and lending, they earn the governance token COMP distributed by a smart contract.
Their token COMP serves for governance and reflects the business value. All borrowers and lenders on Compound earn COMP. The total number of tokens allocated for mining is 4,229,949. Lenders get one half and borrowers get the other half of it. When COMP price rises, the users’ motivation to deposit and borrow money is stronger.
YAM is the initiator of mining + forking. When AMPL came out, there were some imitators but none of them gained mass attention in the crypto community. The only exception is YAM. Why is YAM so attractive? It is a fork of AMPL with YFI‘s issuance mechanism that added a couple of new features such as a reserve and exploded.
YFI is the governance token on https://yearn.finance. It has no pre-mining, ICO, allocation for the team, or reserve for investment institutions. It adopts the online governance model and community decides on its development direction, which is quite fair. Due to its distribution method, YFI is even called the Bitcoin in DeFi.
https://yearn.finance automatically deposit stablecoins and mines liquidity on AAVE, Compound, dYdX, etc. It has a set of revenue tools like ytrade, yliquidate, yleverage, ypool, and smart contract pledge loans. https://yearn.finance aims to simplify the overly complex liquidity mining and automate the operations. It seeks the best profit strategy for asset holders and increases gas usage efficiency for small-scale miners. Even when Ethereum gas fee reached 100 gwei, the deposit and withdrawal fees were around 2 USD.
Sushiswap: The Trend Setter
DEX are the largest chunk of DeFi. The top three are Uniswap, Balancer, and Curve. More than a dozen of DEX has daily trading volume over $10 million. With the rising volume, DEX will be the competition for centralized exchanges (CEX) in the future.
Sushiswap pushes forking + mining. It is a fork of Uniswap with increased token distribution for mining that tried to pull the liquidity carpet from under Uniswap. It has mining pools for stablecoins like USDT, USDC, and DAI as well as Uniswap’s most liquid mainstream DeFi token pools. However, Sushiswap imitators lack originality. Various “food swaps” that appeared recently are bound to enter the death spiral.
Need aggregators? InfinityDefi (INFI) Is What You Need
In the Internet age, aggregators get the most value. Google aggregates the content of websites, Facebook does it with social relationships and content, Amazon with goods and trading, Airbnb with guest rooms, etc. These tech giants have subverted traditional industries and built a near-monopoly position.
Why are they close to monopoly? As more users, content, and products are aggregated, the cost drops and a network effect forms. The wall is high, but the one who crosses it takes all. The same is true for DeFi. It is just a technology on top of a financial arbitrage model, which is cyclic depositing and borrowing to earn interest.
DeFi is modular and trustless and aggregators take advantage of it. Liquidity mining, staking, lending, or DEX AMM are all essentially deposition of tokens to a storage pool to earn revenue. INFI (InfinityDefi) is an aggregate DeFi product, a decentralized digital bank as they call themselves. They are adding a vault with the best investment and value preservation services.
InfinityDefi is a dApp on Ethereum and a cross-chain, multi-currency system with multi-collateral backing. Its Polymerization Pool combines collateral and debts and integrates price feeding, auction, and autonomous management. Users pledge a variety of stablecoins and non-stablecoins to borrow funds. The Pool dynamically adjusts interest rates according to each currency’s ratio in it for higher stability. That is, when the pool is short of ETH, the interest rate earned by ETH pledgers rises.
The protocol is decentralized, transparent, and fair. Besides the standard collateral lending, InfinityDefi lenders can pledge their existing external collateral agreements to other users of the platform as collateral for new loans and better arbitrage. The new (secondary) lender owns the collateral debt. When the lender of the first collateralized loan has an urgent short-term capital demand, it can become a borrower with secondary collateral, sell its creditor’s rights, and get a loan bigger than the original collateral.
InfinityDefi provides secondary loans amounting to 10% of your primary collateral on other platforms. The model is still the traditional “give something as collateral and borrow,” while empowering users and providing more benefits.

Other incentives are equity tokens PPT issued for each loan and collateral (whether primary or secondary). PPT rewards increase with the size and duration of collateral. Conversion of PPT to INFI, the ecosystem token, is available. INFI holders participate in the project management and share the project’s financial risks for stability, transparency, and efficiency, and share profits of the entire ecosystem in return. The respective governance power is proportional to the number of INFI in the voter’s account. INFI aims for listing on major exchanges.
submitted by summerflyoo7 to CryptoMoonShots [link] [comments]

Is Convergence the Future of DeFi? InfinityDefi Tells Who Will Dominate the Field

After more than two years of brewing, DeFi broke out in the summer of 2020. Within just three months from mid-June till present, the progress is dazzling. This is by far the most innovative stage in the cryptocurrency history. Liquidity mining and yield farming are extremely popular and the Ethereum gas fee skyrocketed on their backs. Meanwhile, some projects are forced to close due to the overly costly transaction fees they need to subsidize for users. What did classic DeFi projects do in the past six months?
Liquidity mining has been a recognized driver for DeFi. The model was originated by Synthetix on Curve to distribute SNX token incentives to users who provide liquidity for the sUSD pool. Synthetix is a synthetic asset generation and trading protocol, therefore, with no liquidity its synthetic assets are meaningless.
What is liquidity mining? It is depositing or lending tokens under a set of rules to a DeFi product with a mining mechanism to ensure liquidity for the product’s fund pool with the final aim to get rewards for it. The recently popular Compound does it. Compound is a DeFi protocol for collateralized lending on Ethereum. Users provide their tokens to get annualized income or pay interest to borrow tokens. While borrowing and lending, they earn the governance token COMP distributed by a smart contract.
Their token COMP serves for governance and reflects the business value. All borrowers and lenders on Compound earn COMP. The total number of tokens allocated for mining is 4,229,949. Lenders get one half and borrowers get the other half of it. When COMP price rises, the users’ motivation to deposit and borrow money is stronger.
YAM is the initiator of mining + forking. When AMPL came out, there were some imitators but none of them gained mass attention in the crypto community. The only exception is YAM. Why is YAM so attractive? It is a fork of AMPL with YFI‘s issuance mechanism that added a couple of new features such as a reserve and exploded.
YFI is the governance token on https://yearn.finance. It has no pre-mining, ICO, allocation for the team, or reserve for investment institutions. It adopts the online governance model and community decides on its development direction, which is quite fair. Due to its distribution method, YFI is even called the Bitcoin in DeFi.
https://yearn.finance automatically deposit stablecoins and mines liquidity on AAVE, Compound, dYdX, etc. It has a set of revenue tools like ytrade, yliquidate, yleverage, ypool, and smart contract pledge loans. https://yearn.finance aims to simplify the overly complex liquidity mining and automate the operations. It seeks the best profit strategy for asset holders and increases gas usage efficiency for small-scale miners. Even when Ethereum gas fee reached 100 gwei, the deposit and withdrawal fees were around 2 USD.
Sushiswap: The Trend Setter
DEX are the largest chunk of DeFi. The top three are Uniswap, Balancer, and Curve. More than a dozen of DEX has daily trading volume over $10 million. With the rising volume, DEX will be the competition for centralized exchanges (CEX) in the future.
Sushiswap pushes forking + mining. It is a fork of Uniswap with increased token distribution for mining that tried to pull the liquidity carpet from under Uniswap. It has mining pools for stablecoins like USDT, USDC, and DAI as well as Uniswap’s most liquid mainstream DeFi token pools. However, Sushiswap imitators lack originality. Various “food swaps” that appeared recently are bound to enter the death spiral.
Need aggregators? InfinityDefi (INFI) Is What You Need
In the Internet age, aggregators get the most value. Google aggregates the content of websites, Facebook does it with social relationships and content, Amazon with goods and trading, Airbnb with guest rooms, etc. These tech giants have subverted traditional industries and built a near-monopoly position.
Why are they close to monopoly? As more users, content, and products are aggregated, the cost drops and a network effect forms. The wall is high, but the one who crosses it takes all. The same is true for DeFi. It is just a technology on top of a financial arbitrage model, which is cyclic depositing and borrowing to earn interest.
DeFi is modular and trustless and aggregators take advantage of it. Liquidity mining, staking, lending, or DEX AMM are all essentially deposition of tokens to a storage pool to earn revenue. INFI (InfinityDefi) is an aggregate DeFi product, a decentralized digital bank as they call themselves. They are adding a vault with the best investment and value preservation services.
InfinityDefi is a dApp on Ethereum and a cross-chain, multi-currency system with multi-collateral backing. Its Polymerization Pool combines collateral and debts and integrates price feeding, auction, and autonomous management. Users pledge a variety of stablecoins and non-stablecoins to borrow funds. The Pool dynamically adjusts interest rates according to each currency’s ratio in it for higher stability. That is, when the pool is short of ETH, the interest rate earned by ETH pledgers rises.
The protocol is decentralized, transparent, and fair. Besides the standard collateral lending, InfinityDefi lenders can pledge their existing external collateral agreements to other users of the platform as collateral for new loans and better arbitrage. The new (secondary) lender owns the collateral debt. When the lender of the first collateralized loan has an urgent short-term capital demand, it can become a borrower with secondary collateral, sell its creditor’s rights, and get a loan bigger than the original collateral.
InfinityDefi provides secondary loans amounting to 10% of your primary collateral on other platforms. The model is still the traditional “give something as collateral and borrow,” while empowering users and providing more benefits.
Other incentives are equity tokens PPT issued for each loan and collateral (whether primary or secondary). PPT rewards increase with the size and duration of collateral. Conversion of PPT to INFI, the ecosystem token, is available. INFI holders participate in the project management and share the project’s financial risks for stability, transparency, and efficiency, and share profits of the entire ecosystem in return. The respective governance power is proportional to the number of INFI in the voter’s account. INFI aims for listing on major exchanges.
submitted by summerflyoo7 to ethtrader [link] [comments]

Best Cryptocurrency Multi-Exchange Trading and Portfolio Management Platforms Ranking 2020

Best Cryptocurrency Multi-Exchange Trading and Portfolio Management Platforms Ranking 2020
Trade on multiple exchanges from a single platform and avoid the hassle of multiple logins, different interfaces, constant tab changing and overall keeping track of balance holdings and trades.
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With more than 300 cryptocurrency exchanges today, most traders have to manage multiple exchange accounts.
The need for more than one account usually rises because of the variety of offered crypto currency pairs, market liquidity, having to diversify the risk of being hacked, as well as the different trading tools and terms each exchange offers.
Trading and keeping track of your portfolios on multiple exchanges is time consuming, inefficient and frustrating. Having to log on different platforms, use different interfaces, keeping track of multiple portfolios and all trading related activities become increasingly difficult with each new account.
It would be simple and easy if you could connect all those exchange accounts into a single multi-exchange platform which combines all the data in real time and provides a single interface to control all remote exchange accounts.

Multi-exchange platforms

A multi-exchange platform allows the traders to connect all their exchange accounts into a single account through the user of API keys generated from the account of each exchange.
Once all accounts are connected into a single one, using the exchanges interfaces becomes obsolete. The unified account will now track and combine all portfolios and traders will be able to track prices, order statuses and other data across all exchange accounts from a single interface.
In addition, most multi-exchange platforms provide various information tools such as news aggregators, sentiment tools, arbitrage matrix and price alerts.
With regards to API keys security, these platforms do not require withdrawal or deposit permissions which limits the possibility of fraud and loss of funds.
Finally, multi-exchange platforms do not typically charge additional trading fees and do not require lengthy verification procedures.

The current top platforms

Currently there are a handful of multi-exchange platforms with a variety of services. They range from a simple crypto portfolio tracker to an advanced trading and portfolio management platform. A detailed list of all major multi-exchange platforms and their features can be found here: www.AltXpert.com
Here is an overview of the top 9 multi-exchange trading and portfolio management platforms:

1. CryptoView

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CryptoView is a multi-exchange trading and portfolio management platform equipped with a handful of useful integrations such as various cryptocurrency trading tools, portfolio analytics, a multi-source news aggregator, crypto events calendar and an outstanding multi-charting interface allowing endless customizations. It is an all-in-one solution for traders, crypto enthusiasts and professional fund managers.
CryptoView is a fully functional trading platform allowing you to trade on all major cryptocurrency exchanges from a single secured interface.
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2. Bitsgap

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Bitsgap is an аll-in-one crypto trading platform designed to cover cross platform API trading and portfolio management with connection with most popular crypto exchanges and wallets. This multi-exchange cryptocurrency platform offers in addition to the full specter of trading tools the opportunity to use arbitrage trading on main and altcoins.
Integrated charts are powered by TradingView with all the provided drawing tools and technical indicators. Through API connection users can track and manage their entire portfolio at once.
https://preview.redd.it/jtkwnos0ofv51.jpg?width=625&format=pjpg&auto=webp&s=75947f76df659f2d928a6e893356251309086bea

3. Conigy

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Coinigy is a web based multi-exchange API trading platform combining full scope of trading features such as: advanced trade orders, price alerts, market data overview, crypto news and integrated charts from TradingView. The platform offers connection to more than 25 crypto exchanges and wallets covering most of the main and altcoins.
Single portfolio management is one of the main features of this multi-exchange cryptocurrency platform. Portfolio management across multiple exchanges and wallets can be performed from one unified account.
https://preview.redd.it/na5wvaq7ofv51.jpg?width=625&format=pjpg&auto=webp&s=9a444ccbb4e3efc5664f58d80e189df34913cc57

4. Quadency

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Quadency gives the opportunity to trade and manage an entire portfolio across multiple exchanges and trading platforms. By connecting API keys on existing accounts in exchanges and wallets, the users can execute advanced trading orders from one interface. All features combined in this solution makes it an all-in-one crypto trading platform for main and altcoins.
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5. Crypto Hopper

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Cryptohopperis a multi-exchange trading and automated trading bot platform for cryptocurrencies. It allows its users to automate trading strategies that will trade cryptocurrencies like Bitcoin, Ethereum, Ripple and any other that supported exchanges offers.
Cryptohopperis designed to make traders more efficient by allowing them to copy other traders, automatically analyze the markets, manage all exchange accounts from one place and even use advanced tools like backtesting, market-making, and arbitrage.
https://preview.redd.it/jnwxcrcnofv51.jpg?width=625&format=pjpg&auto=webp&s=db672f248d6367ffdebce1bbf8de0d87a9211e64

6. LCX Terminal

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LCX Terminal brings together real-time and full historical data of all major cryptocurrencies and trading pairs, smart automated and manual trading across all platforms, breaking news desk, social trading signals, powerful analytics and portfolio reporting — all combined in one platform. LCX Terminal cryptocurrency trading software is made for everyday traders as well as professional and institutional investors.
https://preview.redd.it/ffru2g1tofv51.jpg?width=625&format=pjpg&auto=webp&s=77b821d77b017871ffff0dc8d62408aef7a0ca31

7. Hyperlinq

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HyperLinq™ brings institutional-grade software with superior technology for digital assets and cryptocurrencies traders. Allows the users to track crypto assets on any major exchange or wallet through API connection. A simplified portfolio manager for cryptocurrencies and digital assets.
https://preview.redd.it/m3rfcdsyofv51.jpg?width=625&format=pjpg&auto=webp&s=d114c36c6d8798dfff836e8051d451f892e02936

8. Altrady

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Altrady is a comprehensive cryptocurrency trading platform. The platform provides full trading information such as price chart, order book, trade history, and depth chart.
It also offers immediate price alerts, portfolio manager, break-even calculator, and customizable trading pages by allowing traders to manipulate widgets to create preferred layout in order to trade comfortably, limit ladder order, gain quick access to market tabs, and integrated market scanners.
https://preview.redd.it/tgl99pu3pfv51.jpg?width=625&format=pjpg&auto=webp&s=6ffb6436bedc39f118313988099991005ab964ae

9. Aurox

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Auroxis a trading terminal that enables traders to supercharge their returns. With its multi-exchange integrated workspaces, Aurox provides a better platform for portfolio management, leads to faster trades and higher results for cryptocurrency investors.
https://preview.redd.it/cwfamzr7pfv51.jpg?width=625&format=pjpg&auto=webp&s=5427f35780a45617bb3b2a9c2abc37492f68ec4c
submitted by altXpert to u/altXpert [link] [comments]

Investing in crypto currencies with Nimbus Platform

Another of my ways to generate income today is the Nimbus Platform. In fact, it is the one that generates the most income for me, with an approximate income of $2000/month. We can earn from 7.5% to 12% depending on our initial investment.
It is a very easy to use platform and its system is based on an automatic arbitrage bot on crypto currencies. They basically buy, for example, Bitcoin in an exchange at one price and sell it in another at a higher price. This formula is totally legal and safe, since the operation is only performed when the system detects an opportunity to make a profit with arbitration.
If you want to read more about this trading platform, you can visit my website https://nimbusplatform.app/, where I explain the entire system and provide you with the link to create your free investor account. There you will also find my direct contact by Whatsapp to resolve any questions you may have.
submitted by PassiveIncome4Ever to u/PassiveIncome4Ever [link] [comments]

Uniswap on Fire, $UNI Options Broke 4 Records within 2 weeks

Uniswap on Fire, $UNI Options Broke 4 Records within 2 weeks

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After 3 years decentralized exchanges has been through, the market presented a rapid trend especially after AMM (Automated Market Making) was introduced into dex, it lifted up the dex volume from millions to billions. Uniswap, as the most renowned decentralized exchanges, did a huge effect on AMM into decentralized exchanges.
Uniswap is a smart contract based on Ethereum for users to swap ETH and ERC20s. The CPMM (Constant Product Market Maker) that Uniswap uses enables users to exchange ERC20s in their token pools. It not only changes the “order book” trading mode, but also lowers the barriers of market-making, which allows every user to become a market maker to a specific trading pair, and earn profits from it. This mechanism is innovative in the yield of DeFi and tries to grab more users from centralized exchanges. After 2-year development, Uniswap became the most renowned DEX based on Ethereum.
To stabilize its own market-making, Uniswap did not launch its own governance token until the end of August. The born of SUSHI, which stole more than half of liquidity on Uniswap by their token incentive mechanism. It caused Uniswap once fell to the 10th of all the DeFi projects. After then, Uniswap launched its own governance tokens. After the SUSHI chief cashed out by selling his SUSHI, Uniswap attracted their lost users back with its liquidity that is stable and of high yield. At last, everyone witnessed the king came back and ranked the first TVL on DeFi.
On the occasion, BitOffer listed $UNI on their options trading. And 4 records have been broken within 2 weeks:
1. $200 millions Breakout of the Daily Trading Volume:
From June to September, the trading volume on Uniswap surged from $1 million to $1 billion. The fact above caused most eye-contacts from the cryptocurrency industry. Therefore, after $UNI was listed on BitOffer Options, the volume on BitOffer UNI Options broke out $200 million, and it is still increasing. In the near future, the daily volume on UNI Options is hopefully to break $1 billion.
2. 100,000Daily Active Users
As for now, the total DAU on BitOffer is more than 200,000, and a half of them trade UNI Options. Those users can be divided into 2 types: Buying Options Only & Hedging their UNI Perpetual Swap. Moreover, the second part took up more than 60%. Either traditional finance or cryptocurrency, Futures trading is much more popular than spot trading. To hedge the risk, users who know how to hedge always choose to trade options and futures to set up an arbitrage strategy. As the cryptocurrency developed while DeFi getting hot and the TVL of Uniswap keeps increasing, the number of users who use Options to hedge the risk of the trading perpetual swap will be much huger than now. In addition, since the volatility of $UNI is higher than that of Bitcoin and Ethereum, so buying $UNI Options only or hedging their UNI Perpetual Swap can both have a huge profit space.
3. $UNI Options Owned Most Transactions on September
Since September, after $UNI was listed on exchanges, its attentions and participants kept being the top among all the DeFi tokens. Under such a phenomenon, $UNI Options owned the most transactions in September. According to the data on BitOffer, the transactions on BitOffer reached 500,000, which is 2 times to that of LINK Options, and 1 time to that of Bitcoin Options and ETH Options. After Dual-Currency, BTC Ups & Downs, and Cryptocurrency ETF, $UNI Options made it.
4. The Most Likely Products to Investors
According to the DAU and daily trading volume of $UNI Options, its audience is much more acceptable than $UNI Perpetual Swap. They are both UNI derivatives but they occupy of $UNI Options is less than UNI futures, but it still has a huge developing room, and that is why investors hold a confident view on $UNI Options, which is expected to have a billions trading volume as $UNI spot trading and futures trading. In addition, with BitOffer, the most renowned Bitcoin Options provider, $UNI Options will attract more and more attentions from the market.
submitted by Bitoffer_Official to BitOffer_Official [link] [comments]

ATLAS: creating an alternative way of investing in Energy

The problem of full-fledged introduction of renewable energy sources has been considered for a long time, but has not yet become widespread. Renewable energy sources have a very large potential for growth, in addition, they do not have a negative impact on the environment.
Every year the demand for energy is increasing, the extraction of fossil fuels is becoming an increasingly laborious process, as it is necessary to develop new fields, build new infrastructure for the delivery and processing of fuel, the design depth of oil and gas wells increases, the wellbore profile becomes more complex. Most importantly, the energy obtained from coal, oil and gas is not renewable and is depleted year after year, therefore, the transition to renewable energy sources will gradually take place.
Atlas Rising will target main Crypto areas that have the potential to generate passive incomes and acquire those assets. Then lock and stake the assets. Atlas Rising will allocate the first 80 percent in assets to the following areas, main stream and emerging growth crypto currencies, Master Nodes, Staking coins, Mining, Solar crypto mining and Crypto Arbitrage trading. The assets that are locked in our vault will be the assets that drive the value of the Atlas Rising Tokens.
The goal of Atlas Rising is to pay rewards from solar mining in the form of Bitcoin, which means that there should be a direct relationship that will develop between the two. The value of the Atlas Rising Token which taken into consideration the net asset in the vault along with the amount of BTC paid out as rewards. As the assets in the vault increases in vault then it is expected that the value of the Atlas Rising Token will also rise in value.
submitted by opeku to solarenergy [link] [comments]

ETHE & GBTC (Grayscale) Frequently Asked Questions

It is no doubt Grayscale’s booming popularity as a mainstream investment has caused a lot of community hullabaloo lately. As such, I felt it was worth making a FAQ regarding the topic. I’m looking to update this as needed and of course am open to suggestions / adding any questions.
The goal is simply to have a thread we can link to anyone with questions on Grayscale and its products. Instead of explaining the same thing 3 times a day, shoot those posters over to this thread. My hope is that these questions are answered in a fairly simple and easy to understand manner. I think as the sub grows it will be a nice reference point for newcomers.
Disclaimer: I do NOT work for Grayscale and as such am basing all these answers on information that can be found on their website / reports. (Grayscale’s official FAQ can be found here). I also do NOT have a finance degree, I do NOT have a Series 6 / 7 / 140-whatever, and I do NOT work with investment products for my day job. I have an accounting background and work within the finance world so I have the general ‘business’ knowledge to put it all together, but this is all info determined in my best faith effort as a layman. The point being is this --- it is possible I may explain something wrong or missed the technical terms, and if that occurs I am more than happy to update anything that can be proven incorrect
Everything below will be in reference to ETHE but will apply to GBTC as well. If those two segregate in any way, I will note that accordingly.
What is Grayscale? 
Grayscale is the company that created the ETHE product. Their website is https://grayscale.co/
What is ETHE? 
ETHE is essentially a stock that intends to loosely track the price of ETH. It does so by having each ETHE be backed by a specific amount of ETH that is held on chain. Initially, the newly minted ETHE can only be purchased by institutions and accredited investors directly from Grayscale. Once a year has passed (6 months for GBTC) it can then be listed on the OTCQX Best Market exchange for secondary trading. Once listed on OTCQX, anyone investor can purchase at this point. Additional information on ETHE can be found here.
So ETHE is an ETF? 
No. For technical reasons beyond my personal understandings it is not labeled an ETF. I know it all flows back to the “Securities Act Rule 144”, but due to my limited knowledge on SEC regulations I don’t want to misspeak past that. If anyone is more knowledgeable on the subject I am happy to input their answer here.
How long has ETHE existed? 
ETHE was formed 12/14/2017. GBTC was formed 9/25/2013.
How is ETHE created? 
The trust will issue shares to “Authorized Participants” in groups of 100 shares (called baskets). Authorized Participants are the only persons that may place orders to create these baskets and they do it on behalf of the investor.
Source: Creation and Redemption of Shares section on page 39 of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
Note – The way their reports word this makes it sound like there is an army of authorizers doing the dirty work, but in reality there is only one Authorized Participant. At this moment the “Genesis” company is the sole Authorized Participant. Genesis is owned by the “Digital Currency Group, Inc.” which is the parent company of Grayscale as well. (And to really go down the rabbit hole it looks like DCG is the parent company of CoinDesk and is “backing 150+ companies across 30 countries, including Coinbase, Ripple, and Chainalysis.”)
Source: Digital Currency Group, Inc. informational section on page 77 of the “Grayscale Bitcoin Trust (BTC) Form 10-K (2019)” – Located Here
Source: Barry E. Silbert informational section on page 75 of the “Grayscale Bitcoin Trust (BTC) Form 10-K (2019)” – Located Here
How does Grayscale acquire the ETH to collateralize the ETHE product? 
An Investor may acquire ETHE by paying in cash or exchanging ETH already owned.
Source: Creation and Redemption of Shares section on page 40 of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
Where does Grayscale store their ETH? Does it have a specific wallet address we can follow? 
ETH is stored with Coinbase Custody Trust Company, LLC. I am unaware of any specific address or set of addresses that can be used to verify the ETH is actually there.
As an aside - I would actually love to see if anyone knows more about this as it’s something that’s sort of peaked my interest after being asked about it… I find it doubtful we can find that however.
Source: Part C. Business Information, Item 8, subsection A. on page 16 of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
Can ETHE be redeemed for ETH? 
No, currently there is no way to give your shares of ETHE back to Grayscale to receive ETH back. The only method of getting back into ETH would be to sell your ETHE to someone else and then use those proceeds to buy ETH yourself.
Source: Redemption Procedures on page 41 of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
Why are they not redeeming shares? 
I think the report summarizes it best:
Redemptions of Shares are currently not permitted and the Trust is unable to redeem Shares. Subject to receipt of regulatory approval from the SEC and approval by the Sponsor in its sole discretion, the Trust may in the future operate a redemption program. Because the Trust does not believe that the SEC would, at this time, entertain an application for the waiver of rules needed in order to operate an ongoing redemption program, the Trust currently has no intention of seeking regulatory approval from the SEC to operate an ongoing redemption program.
Source: Redemption Procedures on page 41 of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
What is the fee structure? 
ETHE has an annual fee of 2.5%. GBTC has an annual fee of 2.0%. Fees are paid by selling the underlying ETH / BTC collateralizing the asset.
Source: ETHE’s informational page on Grayscale’s website - Located Here
Source: Description of Trust on page 31 & 32 of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
What is the ratio of ETH to ETHE? 
At the time of posting (6/19/2020) each ETHE share is backed by .09391605 ETH. Each share of GBTC is backed by .00096038 BTC.
ETHE & GBTC’s specific information page on Grayscale’s website updates the ratio daily – Located Here
For a full historical look at this ratio, it can be found on the Grayscale home page on the upper right side if you go to Tax Documents > 2019 Tax Documents > Grayscale Ethereum Trust 2019 Tax Letter.
Why is the ratio not 1:1? Why is it always decreasing? 
While I cannot say for certain why the initial distribution was not a 1:1 backing, it is more than likely to keep the price down and allow more investors a chance to purchase ETHE / GBTC.
As noted above, fees are paid by selling off the ETH collateralizing ETHE. So this number will always be trending downward as time goes on.
Source: Description of Trust on page 32 of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
I keep hearing about how this is locked supply… explain? 
As noted above, there is currently no redemption program for converting your ETHE back into ETH. This means that once an ETHE is issued, it will remain in circulation until a redemption program is formed --- something that doesn’t seem to be too urgent for the SEC or Grayscale at the moment. Tiny amounts will naturally be removed due to fees, but the bulk of the asset is in there for good.
Knowing that ETHE cannot be taken back and destroyed at this time, the ETH collateralizing it will not be removed from the wallet for the foreseeable future. While it is not fully locked in the sense of say a totally lost key, it is not coming out any time soon.
Per their annual statement:
The Trust’s ETH will be transferred out of the ETH Account only in the following circumstances: (i) transferred to pay the Sponsor’s Fee or any Additional Trust Expenses, (ii) distributed in connection with the redemption of Baskets (subject to the Trust’s obtaining regulatory approval from the SEC to operate an ongoing redemption program and the consent of the Sponsor), (iii) sold on an as-needed basis to pay Additional Trust Expenses or (iv) sold on behalf of the Trust in the event the Trust terminates and liquidates its assets or as otherwise required by law or regulation.
Source: Description of Trust on page 31 of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
Grayscale now owns a huge chunk of both ETH and BTC’s supply… should we be worried about manipulation, a sell off to crash the market crash, a staking cartel? 
First, it’s important to remember Grayscale is a lot more akin to an exchange then say an investment firm. Grayscale is working on behalf of its investors to create this product for investor control. Grayscale doesn’t ‘control’ the ETH it holds any more then Coinbase ‘controls’ the ETH in its hot wallet. (Note: There are likely some varying levels of control, but specific to this topic Grayscale cannot simply sell [legally, at least] the ETH by their own decision in the same manner Coinbase wouldn't be able to either.)
That said, there shouldn’t be any worry in the short to medium time-frame. As noted above, Grayscale can’t really remove ETH other than for fees or termination of the product. At 2.5% a year, fees are noise in terms of volume. Grayscale seems to be the fastest growing product in the crypto space at the moment and termination of the product seems unlikely.
IF redemptions were to happen tomorrow, it’s extremely unlikely we would see a mass exodus out of the product to redeem for ETH. And even if there was incentive to get back to ETH, the premium makes it so that it would be much more cost effective to just sell your ETHE on the secondary market and buy ETH yourself. Remember, any redemption is up to the investors and NOT something Grayscale has direct control over.
Yes, but what about [insert criminal act here]… 
Alright, yes. Technically nothing is stopping Grayscale from selling all the ETH / BTC and running off to the Bahamas (Hawaii?). BUT there is no real reason for them to do so. Barry is an extremely public figure and it won’t be easy for him to get away with that. Grayscale’s Bitcoin Trust creates SEC reports weekly / bi-weekly and I’m sure given the sentiment towards crypto is being watched carefully. Plus, Grayscale is making tons of consistent revenue and thus has little to no incentive to give that up for a quick buck.
That’s a lot of ‘happy little feels’ Bob, is there even an independent audit or is this Tether 2.0? 
Actually yes, an independent auditor report can be found in their annual reports. It is clearly aimed more towards the financial side and I doubt the auditors are crypto savants, but it is at least one extra set of eyes. Auditors are Friedman LLP – Auditor since 2015.
Source: Independent Auditor Report starting on page 116 (of the PDF itself) of the “Grayscale Ethereum Trust Annual Report (2019)” – Located Here
As mentioned by user TheCrpytosAndBloods (In Comments Below), a fun fact:
The company’s auditors Friedman LLP were also coincidentally TetheBitfinex’s auditors until They controversially parted ways in 2018 when the Tether controversy was at its height. I am not suggesting for one moment that there is anything shady about DCG - I just find it interesting it’s the same auditor.
“Grayscale sounds kind of lame” / “Not your keys not your crypto!” / “Why is anyone buying this, it sounds like a scam?” 
Welp, for starters this honestly is not really a product aimed at the people likely to be reading this post. To each their own, but do remember just because something provides no value to you doesn’t mean it can’t provide value to someone else. That said some of the advertised benefits are as follows:
So for example, I can set up an IRA at a brokerage account that has $0 trading fees. Then I can trade GBTC and ETHE all day without having to worry about tracking my taxes. All with the relative safety something like E-Trade provides over Binance.
As for how it benefits the everyday ETH holder? I think the supply lock is a positive. I also think this product exposes the Ethereum ecosystem to people who otherwise wouldn’t know about it.
Why is there a premium? Why is ETHE’s premium so insanely high compared to GBTC’s premium? 
There are a handful of theories of why a premium exists at all, some even mentioned in the annual report. The short list is as follows:
Why is ETHE’s so much higher the GBTC’s? Again, a few thoughts:

Are there any other differences between ETHE and GBTC? 
I touched on a few of the smaller differences, but one of the more interesting changes is GBTC is now a “SEC reporting company” as of January 2020. Which again goes beyond my scope of knowledge so I won’t comment on it too much… but the net result is GBTC is now putting out weekly / bi-weekly 8-K’s and annual 10-K’s. This means you can track GBTC that much easier at the moment as well as there is an extra layer of validity to the product IMO.
I’m looking for some statistics on ETHE… such as who is buying, how much is bought, etc? 
There is a great Q1 2020 report I recommend you give a read that has a lot of cool graphs and data on the product. It’s a little GBTC centric, but there is some ETHE data as well. It can be found here hidden within the 8-K filings.Q1 2020 is the 4/16/2020 8-K filing.
For those more into a GAAP style report see the 2019 annual 10-K of the same location.
Is Grayscale only just for BTC and ETH? 
No, there are other products as well. In terms of a secondary market product, ETCG is the Ethereum Classic version of ETHE. Fun Fact – ETCG was actually put out to the secondary market first. It also has a 3% fee tied to it where 1% of it goes to some type of ETC development fund.
In terms of institutional and accredited investors, there are a few ‘fan favorites’ such as Bitcoin Cash, Litcoin, Stellar, XRP, and Zcash. Something called Horizion (Backed by ZEN I guess? Idk to be honest what that is…). And a diversified Mutual Fund type fund that has a little bit of all of those. None of these products are available on the secondary market.
Are there alternatives to Grayscale? 
I know they exist, but I don’t follow them. I’ll leave this as a “to be edited” section and will add as others comment on what they know.
Per user Over-analyser (in comments below):
Coinshares (Formerly XBT provider) are the only similar product I know of. BTC, ETH, XRP and LTC as Exchange Traded Notes (ETN).
It looks like they are fully backed with the underlying crypto (no premium).
https://coinshares.com/etps/xbt-provideinvestor-resources/daily-hedging-position
Denominated in SEK and EUR. Certainly available in some UK pensions (SIPP).
As asked by pegcity - Okay so I was under the impression you can just give them your own ETH and get ETHE, but do you get 11 ETHE per ETH or do you get the market value of ETH in USD worth of ETHE? 
I have always understood that the ETHE issued directly through Grayscale is issued without the premium. As in, if I were to trade 1 ETH for ETHE I would get 11, not say only 2 or 3 because the secondary market premium is so high. And if I were paying cash only I would be paying the price to buy 1 ETH to get my 11 ETHE. Per page 39 of their annual statement, it reads as follows:
The Trust will issue Shares to Authorized Participants from time to time, but only in one or more Baskets (with a Basket being a block of 100 Shares). The Trust will not issue fractions of a Basket. The creation (and, should the Trust commence a redemption program, redemption) of Baskets will be made only in exchange for the delivery to the Trust, or the distribution by the Trust, of the number of whole and fractional ETH represented by each Basket being created (or, should the Trust commence a redemption program, redeemed), which is determined by dividing (x) the number of ETH owned by the Trust at 4:00 p.m., New York time, on the trade date of a creation or redemption order, after deducting the number of ETH representing the U.S. dollar value of accrued but unpaid fees and expenses of the Trust (converted using the ETH Index Price at such time, and carried to the eighth decimal place), by (y) the number of Shares outstanding at such time (with the quotient so obtained calculated to one one-hundred-millionth of one ETH (i.e., carried to the eighth decimal place)), and multiplying such quotient by 100 (the “Basket ETH Amount”). All questions as to the calculation of the Basket ETH Amount will be conclusively determined by the Sponsor and will be final and binding on all persons interested in the Trust. The Basket ETH Amount multiplied by the number of Baskets being created or redeemed is the “Total Basket ETH Amount.” The number of ETH represented by a Share will gradually decrease over time as the Trust’s ETH are used to pay the Trust’s expenses. Each Share represented approximately 0.0950 ETH and 0.0974 ETH as of December 31, 2019 and 2018, respectively.

submitted by Bob-Rossi to ethfinance [link] [comments]

Is It The Right Time For Cryptocurrency Exchange Hub Of Multiple Cryptocurrencies?

Is It The Right Time For Cryptocurrency Exchange Hub Of Multiple Cryptocurrencies?
What started with bitcoin now constitutes an entire industry. Today, the cryptocurrency market has more than 5500 digital currencies. Moreover, alongside the cryptocurrency market, its supportive infrastructure has also grown substantially. From multiple cryptocurrency platforms offering services of trading digital assets to different types of wallets for storing them- the space has literally exploded in the last few years.
But with multiple cryptocurrency platforms, how does a trader decide which is the best platform to buy cryptocurrency? Or which is the best cryptocurrency exchange to buy and sell bitcoin?
In this article, we have addressed the question that is gaining more and more relevance with each passing day. Is it the right time for a single exchange hub of multiple cryptocurrencies? Let’s dive deep into the details.

Cryptocurrency Platforms Infrastructure

While trading and investments within the market are gaining mainstream adoption, the process of cryptocurrency trading has become complex. Traders have to set up accounts on multiple exchanges and interact with various interfaces to place trades within the crypto ecosystem. Furthermore, different functionalities of each exchange have made the process increasingly cumbersome for traders.
The present cryptocurrency exchanges have restrictions in the form of coins available, payments supported, crypto to fiat trading or vice versa, and regulatory concerns. The process that should be straightforward, frictionless, and easy turns out to be complex, cumbersome, and inconvenient.

The Woes of Trading on Multiple Cryptocurrency Exchanges


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Currently, there are more than 300 digital asset exchanges listed on Coinmarketcap. With the rising popularity of cryptocurrencies, the list keeps on growing. As the market is relatively new, the process of trading differs from that of traditional markets.
Currently, cryptocurrency exchanges cannot meet all the requirements of traders. Traders may not be able to access one or more services including trading pairs, payments supported, security features, etc. Depending upon their choice and requirements, traders create accounts on multiple exchanges in order to access different services offered by the platforms. This results in the complexity of having to manage multiple accounts and different functionalities.
These are the challenges traders face by having multiple accounts:
  • Multiple KYC Processes: A trader has to undergo the standard procedure of verifying their identity, KYC as well as AML verifications if they want to trade beyond a certain limit.
  • Order Books: Since orders are placed on multiple exchange platforms, traders have to individually manage their cryptocurrency investment portfolio which is segregated across various exchanges.
  • Wallets: With some exchanges, traders have to create a separate wallet for each platform while others store a client’s cryptocurrency funds directly on their exchange. A trader needs to keep track of their tokens managed and stored on multiple wallets.
  • Security: While platforms facilitating trading and investments in digital currencies are rising, not all of them encapsulate advanced security measures. If an exchange gets hacked, this can even result in a trader losing their funds.
  • Multiple Interfaces: An investment manager, who trades in multiple digital assets with different trading pairs, needs to keep a constant track on which exchange offers the best price at a particular moment in time. In order to do so, a trader has to navigate between multiple tabs and adjust to a different trading interface each time.
  • Arbitrage Opportunity– Millions of dollars are available as arbitrage opportunities on a daily basis. However, under the current cryptocurrency trading infrastructure, only an institutional investor can leverage this opportunity and generate profits.
Wouldn’t trading and investments in the cryptocurrency industry be much easier if there was a one-stop solution? Wouldn’t it be much simpler if a trader can manage their diversified portfolio encompassing multiple digital assets- all under one platform? Wouldn’t it be much simpler if a trader can access the best price of a particular cryptocurrency asset within seconds under one hub?
At the beginning of this article, we pondered upon this question: Is it the right time for a single exchange hub of multiple cryptocurrencies?
Well, we think you already know the answer!

Finxflo: One Platform-One KYC- One Wallet


https://preview.redd.it/c8nhk88agkl51.jpg?width=1150&format=pjpg&auto=webp&s=6e454d3fedb46fd91d0a6c858fe7084614643718
A solution to the challenge has been created by Finxflo. Finxfloa global cryptocurrency brokerage firm has designed a one-stop solution for traders. Finxflo’s users can access the optimum price of a cryptocurrency without navigating between multiple interfaces. By partnering with prominent cryptocurrency exchanges, Finxflo retrieves the best price of a digital asset at any given point in time.
Users are also able to manage their diversified portfolio consisting of multiple cryptocurrencies under one unitary portal. Finxflo enables a consolidated order book for traders and investment managers. With Finxflo, a trader has to undergo the process of identification proof and KYC only once. Traders do not need to sign up, remember multiple passwords, and follow the KYC guidelines individually for multiple platforms.

Finxflo: A Cryptocurrency Exchange Hub

Finxflo also offers one wallet for traders to store all their crypto assets. The MPC encrypted wallet is protected with advanced security measures. By partnering with Fireblocks, a leading platform in cybersecurity, Finxflo ensures that a client’s funds are completely insured. Finxflo is a regulated entity under the Monetary Authority of Singapore (MAS) in order to create a seamless trading environment along with ensuring the highest level of security.
In addition to its USP of One platform- One KYC- One Wallet, Finxflo also facilitates innovative trading tools catering to retail as well as institutional traders. Some of these include smart order routing and dark pool liquidity. Finxflo offers a transparent and straightforward trading environment with security measures as the very base of its foundation.

Conclusive Thoughts

With the rapidly growing cryptocurrency industry along with its mainstream adoption, there is a need to scale the industry’s infrastructure services. A platform like Finxflo is a step towards that direction. With institutional participation, hedge fund managers, and investors diversifying their portfolio by including crypto assets- it is certainly the right time for a cryptocurrency exchange hub that acts as a gateway to multiple cryptocurrencies and its subsidiary products.
Article source: https://www.finxflo.com/news/detail/5156
submitted by JamesFXF to FXF [link] [comments]

Money is a lot more complex than authors realize (40k, Metro, WoW, D&D, IRL)

One of the “easier” ways to create a unique world is to choose a different form of currency. It’s something people notice, since money is ubiquitous. The issue is that money is fairly well developed. It needs to have certain features, or else it flat out doesn’t work.
Examples
In Warhammer 40k, orks use their own teeth as currency. Since every ork has access to teeth, there isn't absolute poverty. Since the teeth decay, hoarding teeth isn't feasible, and it means that orks need to constantly try to expand to get more teeth. Since every ork gives teeth in a tax to their boss, it means that war bands constantly expand and fight, giving the combat happy bastards yet another reason to go to war.
A huge amount of fantasy universes use copper, silver, and gold as currencies.
Metro uses ammo.
In real life, we see many alternative, and ineffective, currencies, ranging from company script, to cryptocurrency, to hyperinflationary national fiat currency, to precious metal based money.
Background
The issue is that all of these are fundamentally flawed in some way as a currency, rendering the economy of that location extremely vulnerable to various shocks that would rightfully upend the entire economy.
A currency fills three major roles 1. A medium of exchange. 2. A store of value. 3. A unit of account.
A medium of exchange means that it is accepted by enough people as having value to be used for trade. Rather than needing to find someone who wants your goods to trade in a chain for something you want (like in every Zelda trading questline), you just give them money and they give you the item. This is why money is more efficient pure barter. It acts to lubricate transactions between peoples.
A store of value means that you won't see all your wealth disappear if you don't spend it now. Which means that you can save up for major purchases, you can make deals that last for years (like mortgages), and people can actually retire on what they’ve earned over the course of their life.
A unit of account means that you know the value of the money and it is standardized. Imagine if the only form of money was in fine art. You could exchange a Van Gogh for a house, and a large spiky suspended ball for a car. Art could fit as a medium of exchange and a store of value, but actually trying to compare artwork to artwork would drive people insane quickly. You'd be in the situation that a dollar isn't worth a dollar, or one Van Gogh isn't worth another Van Gogh. There is no way to convert between lesser and more valuable pieces in a logical manner.
Now, why is that relevant? Because a huge amount of monetary systems in fiction fail these requirements and allow for overt exploitation or unduly hamper the government's ability to respond to threats.
Problems
With regards to the ork teeth, what is functionally happening is constant hyperinflation. Since the teeth decay, there is explicitly no store of value. Which means that the only orks who can afford the best and most fun toys are the warbosses and WAAGH! leaders. There are probably billions of orks who just want to save up for a spaceship or motorcycle or set up a Squig farm of their own, but will never be able to because their money falls apart before their eyes.
Somewhat more seriously, for a race dedicated to war, constantly decaying teeth means that the number of war bands that can attack space based shipping or otherwise need more complex and expensive equipment is limited, reducing the race's overall effectiveness in combat. By attempting to be clever with inflation, by making it so that it couldn't happen, they created the effects of hyperinflation. And, since it is still a money based system, that means that a race designed to go to war can't do it as effectively as they should.
In WoW or D&D or any of a dozen universes where wealth is metal based, using multiple metals as various values of currency would have a similarly debilitating problem. It destroys the unit of account. Basically, the government sets an exchange rate between the chunks of metal, making gold 10x as expensive as silver which is 10x as expensive as copper. But the rarity and expense of gold isn't 100x as much as copper. It is usually much much more. So, it makes counterfeiting extremely attractive, since you can produce 100 small value coins, of the actual metal, and exchange them for a coin of much higher value. Or if it is in the other direction, where you can exchange something where the face value is less than the value of the metal, all the government is doing is funding a small extremely active and profitable metal reclamation industry. This would be an ongoing and unavoidable issue, one that could cripple a government attempting to keep enough money in circulation, or cripple business if the government failed to intervene in an ongoing manner.
Metro has the same issue of lacking a unit of account. The value of a bullet depends on what you're facing and what weapons you have. Even if the nominal value of a .50 cal armor piercing round is high, the number of people who can use it is very low. Consequently, you'll see the value change and possibly invert, as use brings more common rounds out of circulation and makes the more expensive rounds increasingly obviously useless. Without a set value across the board, or something interchangeable and universal, the currency itself will always be in flux, making for a really really shitty form of money.
And a fairly cursory read of human history reveals why being inventive with money is a bad idea.
Company script is money that doesn't function as a medium of exchange. It acts to tie people to a small location and punishes merchants, intentionally gimping economic power of consumers.
Bitcoin, aside from arguably not working as a medium of exchange, fails as a store of value. It is inconsistent and disconnected from reality, making any long term contract in it unfeasible. It has many of the same problems as hyperinflation, except you don't know which direction the value will go.
Less common now, but currencies that are based on the weight of an amount of precious metal suffered from failing as a unit of account. As gold coins were chipped, sweated, plugged, adulterated, or otherwise debased, the value of the coin and the face value became disconnected, and a buyer was dependent on merchants being trustworthy with their scales.
Functionally, money is the way it is because it works fairly well, and the obvious alternatives tend to fail in overt ways. Attempting to be clever with monetary solutions isn't really feasible most of the time.
Solutions
So, are there any currencies that actually make some degree of sense in world, and aren't just "GOLD FOR ALL"?
Surprisingly, yes.
Fallout's bottle caps have surprisingly good arguments around why they are used beyond the water traders of the Hub.
Basically, becoming a medium of exchange is more based on mutual consent than it is on logic.. Shells, pieces of wood, large rocks, feathers, and shiny metals have all been used. Ragnar Benson, of the survivalist fame, claims to have found isolated African tribes that were using Austro-Hungarian bills in the 70s. Unless there's a government that forces something, pretty much anything can and will be used.
By selecting it as a currency, the water traders turned bottle caps into a representative currency, each cap was a certain amount of pure water. They gave it some base level of value that was universally accepted. Outside the Hub, people were willing to trade for them since they had value, prompting other people to accept them on since they could be used in trade, gradually shifting it to something like fiat, abet unbacked by a government. Fallout has a surprising amount of trade across the US, where jet reached the East Coast and the Wasteland Survival Guide reached the West in a couple decades. Over 100 years, it's completely reasonable for bottle caps to become an accepted medium of exchange, valued because people value them.
With regards to unit of account, bottle cap or not is pretty effective. And, since it doesn't have higher denominations, which could introduce the potential for arbitrage, it works. Abet annoying to count out hundreds or thousands of caps of you had to do it manually.
For a store of value, after 100 years as an accepted currency, most large stashes would have been found, and the only input would be through Nuka cola, which is more valuable as soda than caps. And, as described in game, without a press and marking machine, counterfeiting is difficult; labor intensive and involved. There really isn't much way for more caps to come in, which preserves its value. The greatest issue with bottle caps is long term deflation as the population expands, but, while the wasteland continues, population growth will be muted.
Consequently, caps in the Fallout universe ought to provide a stable bedrock for longer term business and functioning governance. Assuming that the world’s inability to actually rebuild despite that being the story for hundreds of years gets resolved.
So what?
So, what makes a good fictional currency? Well, that’s mostly fulfilling the functions of a currency.
  1. Medium of Exchange – that can be nearly anything, as long as it is universally accepted. Attempting to create a new currency for each trader, like some sort of munted script, would be horrible and useless.
  2. Store of Value – The currency should not be easy to counterfeit, which implies 2 things. Either that it is nearly worthless on its’ own (like paper currency) or that the value is derived from a hard to fake commodity, like gold. At the same time, making this needs to be difficult, or else you have the issue of the Elder Scrolls with Transmutation and turning iron into gold, which is also the foundation of their currency. Hyperinflation means broken economies.
  3. Unit of Account – If you’re going to have more than one currency, you need to directly tie them together. More money should be based on the same features as the Store of Value, either just a bigger number on the front, or a larger chunk of hard to adulterate or change money.
And, if you think you’ve solved a major problem, you really really should talk to an economist before designing your world around a special feature.
submitted by Draco_Ranger to CharacterRant [link] [comments]

Concept and Features of Eternal Wallet (Part 4/4)

Concept and Features of Eternal Wallet (Part 4/4)
In this final edition, we will look over each point mentioned in the previous articles and explain how they contribute to the realization of the world’s most affordable overseas remittance.
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Realization of the world’s cheapest overseas remittance
① Multi-currency wallet
In the case of a digital money wallet that only accepts one type of currency, to conduct overseas remittance one would have to use another wallet or service, and that becomes a cost.
With Eternal Wallet, the system accepts and handles multiple currencies, and this is a key factor in how the world’s cheapest overseas remittance can be achieved.
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②P2P Trading
Being able to bypass the banking infrastructure, and send between users via P2P has many merits. This is also another key factor in achieving the world’s cheapest overseas remittance.
③ The Transfer Token
With traditional overseas remittance methods such as banks and specialty merchants, there was always a limit when attempting to bring down costs. With Eternal Wallet, by integrating The Transfer Token (TTT) within the system, we have succeeded in a revolutionary cut of costs when remitting overseas.
④Deposits/withdrawals using fiat currency
Overseas remittance without the ability to send and receive by fiat currency, is highly inconvenient both in procedural and financial terms. In that vein, without dealing with fiat currencies, the world’s cheapest overseas remittance could not be achieved.
⑤The world’s largest amount received upon currency exchange
Among overseas remittance companies, there are a number of companies that offer zero commission fees. However, such companies usually enforce their original currency exchange rates, so in reality, when conducting overseas remittance the received amount becomes that much smaller.
With Eternal Wallet, we utilize the world’s greatest received amount for foreign currency exchange. The exchange rate is also one of the necessary parts to achieve the world’s cheapest overseas remittance.
⑥Pool
Within the pool’s balance, the same amount of fiat currency is deposited. Also, for trading conducted through Eternal Wallet, leverage does not occur, so the fiat currency within the pool is not subject to price volatility, and safety is ensured. Without this pool function, a safe environment for overseas remittance could not be achieved.
⑦Fees when conducting overseas remittance
When users conduct currency exchange through Eternal Wallet, fees shall be incurred. These fees will become the origination for incentives for users to lend out their TTT. Lending is the base for smoothly operating the exchanges, so it can be said it is an important role in achieving the world’s cheapest overseas remittance.
⑧Lending of TTT
With TTT, other than the weekly distribution of fees accrued when the Wallet is used, there is a feature that by lending out to the pool, users can receive a part of the exchange fees. As stated before, this lending feature of TTT is also vital in achieving the world’s cheapest overseas remittance.
⑨Opportunities for arbitrage trading due to the difference in dividend rates
Due to the differences in dividend rates depending on the currency, there will be discrepancies in the price of TTT. This will lead to arbitrage trading opportunities, and with arbitrage trading, the market will lead to a suitable price. This is also another feature that is vital to achieving the world’s cheapest overseas remittance.
⑩Volatility・Equalization of dividend rates
By not fixing the dividend rates when lending, the pool balance for each currency will constantly be adjusted. Due to this, with Eternal Wallet it will become unnecessary to actually conduct overseas remittance, and the world’s cheapest overseas remittance becomes possible.
⑪Handling of fiat currency within the pool
By appropriately dividing and processing the fiat currency within the pool and when exchanging, we can avoid trouble or risks when users receive overseas remittance. Without this appropriate handling, the safety of the world’s cheapest overseas remittance could not be protected.
⑫Profits/losses made by the increase/decrease of fiat currency within the pool
By looking at only one fiat currency, the balance within the pool is subject to increase/decrease due to the currency exchange status. However, here at Atom Solutions, we have deposited the same amount/value of all fiat currencies as with the pool balances, and manage them as a total. If we were to add up the balance of all fiat currencies within the pools, the profit and losses margins will constantly be zero. To achieve the world’s cheapest overseas remittance, such as handling of the funds within the pool will become a necessity.
⑬ Deposits made using BTC
By enabling deposits via Bitcoin, users from all around the world can participate in the use of Eternal Wallet. This, as with the previous item, plays a large role in increasing the liquidity of TTT and Eternal Wallet.
Improve accessibility by partnering with various nation’s digital money companies
Even if one were able to send cryptocurrency cross-border, there would be no meaning if it were not able to be received in fiat currency. Moreover, there are said to be around 1.7 billion people in the world without a bank account (World Bank, 2017).
To solve these problems, it is vital that we partner with the various companies of each nation.
E-counter
The final exit for overseas remittance is when the user receives their cash in hand. No matter how cheaply overseas remittance can be made, if the commission fee upon receival is costly, the received amount will unquestionably decrease.
With E-counter, commission fees can be set up individually by the merchant. Therefore, the market principle of gaining more users by lowering the commission fees compared to rival E-counters comes into play. This eventually results in a lower cash-out cost. This E-counter function is also vital to achieving the world’s cheapest overseas remittance.
https://preview.redd.it/33qm3tmqc1l51.jpg?width=790&format=pjpg&auto=webp&s=ca94f6e050991d55abfecca03b0e973264c8b14b
This concludes our description of our services, and what we aim to achieve with Eternal Wallet, TTT, and Atom Solutions. We hope that this article has been a good read for you, and it has encouraged you to try out our services upon opening. Our launch is imminent, and we look forward to your use and support of our product and services.
submitted by AtomOfficialSNS to AtomSolutions [link] [comments]

Legit Reviews On Arbitrage.Is Are Helping People Trade In Bitcoin

Digital currency is the currency of the future and Bitcoin undoubtedly is leading that pack. It has already managed to shock everyone who didn’t think it had potential a few years back, and it’s only expected to grow from here. With that in mind, trading in Bitcoin shouldn’t a far off thought for anyone. Arbitrage trading in Bitcoin is all the rage right now. While sitting at home in front of a computer, which a lot of people are doing these days anyway, profits can be earned at very low risk. All one needs is knowledge on the matter, coupled with reliable websites such as Arbitrage.is.
Why Bitcoin?
The world, including a lot of big developing countries, is quickly becoming digital. All kinds of transactions from electricity bills to buying groceries are becoming cashless. With the advent of smart-phones, nothing is impossible and everything is always accessible. Given the current circumstance the world is in right now, people are wary of currency notes because of obvious reasons. The generation that wasn’t a fan of the digital currency previously, is now learning to make it a norm. Therefore, Bitcoin is only going to increase from here on out since trading in it is easy for anyone with basic computational skills and little knowledge.
Arbitrage Trading In Bitcoin
Bitcoin traders have control over their trade like no other. That brings with it a sense of security for individuals who don’t have much experience in the world of arbitrage trading. Unlike other ways in which one can trade, Bitcoin has a very low-risk factor. People can begin by investing as little as they desire i.e. a small amount for a mere 3 days and then move their way up the ladder.
Arbitrage.is Reviews
Authentic reviews are what a person looking to make a smart decision relies on. Seeing how others fared in a situation similar to them, gives them a fresh perspective on things all around. Reviews on Arbitrage.is are written by people who have traded in the past with the help of trading experts that have years and years of experience under their belt.
After understanding why arbitrage trading in cryptocurrency, particularly Bitcoin, is a smart way to trade in the current times, there is only one way a first time trader can move ahead, by comparing various platforms. It can be overwhelming considering there are so many such platforms out there. That is why it is best to rely on platforms like Arbitrage.is that are legit.
Summary
Bitcoin is the digital currency of the future that will grow more, considering the current state of the world. Therefore, if people want to do arbitrage trading with it, they can do so by relying on Arbitrage.is and its authentic reviews.
submitted by arbitrage-is to u/arbitrage-is [link] [comments]

How to Make Money from Crypto Currency Arbitrage - YouTube Arbitrage Bitcoin On PAXFUL For An Easy 20% Profit In Your ... BTC MOVE Arbitrage Bitcoin & Cryptocurrency Arbitrage (2018)  Trader ... Crypto Arbitrage Explained for Dummies! (Should you try ...

By analyzing the market price, if Bitcoin, for example, is being traded from $10,152 to $10,865, you start by scouting for the crypto exchange that sells the $10,152 Bitcoin and buys it, then sell it to the exchange that buys the Bitcoin at $10, 865. You earn a profit margin of $713. Opportunities. You can identify opportunities in arbitrage between exchanges by taking into consideration the ... Crypto arbitrage or Bitcoin arbitrage is the process of buying cryptocurrencies from one exchange at low prices and selling them in another exchange where the prices are high. Users can do it manually which take time while use of automated cryptocurrency arbitrage bot platforms are the process more efficient and profitable. It works just like a stock market, where people try to make a profit ... arbitrage is safer because the API keys of WolfBot don’t need “withdrawal” permissions on the exchanges, that is WolfBot can never withdraw your money (in case of bugs or a security breach) Furthermore you can choose if you want to trade on both exchanges or just on one of them (for example follow the prices of the bigger exchange with higher volume by trading only on the smaller one). Arbitrage is taking advantage of the price difference between identical assets but in two different markets. Cryptocurrency arbitrage is fundamentally no different than other asset types and in this article, I will show you how I was able to achieve a 1 % profit an hour with nothing more than a hundred bucks in cryptocurrency and a little programming knowledge. Our arbitrage screener monitors price spreads between Bitcoin & Ethereum digital currency pairs among multiple exchanges. The only risk involved becomes the time it takes you to swap trading pairs or transfer a digital currency from one exchange to another. LEARN MORE. Real-time Arbitrage Alerts . The ArbiSwap alert system monitors 800+ coins on the top cryptocurrency exchanges. The moment our ...

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How to Make Money from Crypto Currency Arbitrage - YouTube

How to ARBITRAGE Bitcoin with NO Money!!! ATM Impulse K1 Package + 5000€ Cashgold #KingsofGold #CryptoSteve #wealth #profits #gains #bitcoin #goldbackcrypto 100% gold backed cryptocurrency #100 ... An arbitrage strategy used by pro stock traders · Tim Steenstrup - Duration: 52 ... $590 In 2 Hours Trading Forex Currency Bitcoin And Cryptocurrency - Duration: 8:03. Peter Gunther 6,247 views ... The idea of Bitcoin arbitrage sounds easy and simple enough, and with the extreme volatility in cryptocurrency markets, arbitrage opportunity’s are all over ... Making money from Arbitrage has never been so easy in this video you will so how easy and fast it is https://jonnyblockchain.com A currency arbitrage is a st... Cryptocurrency arbitrage is a unique trading strategy in the crypto world. There are many types of arbitrage, but on a high level, it involves taking advanta...

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