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5 reasons why you should use a brokerage exchange service to buy and convert cryptocurrencies

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It is considered that the best place to buy cryptocurrencies exchanges. But this is a mistake. Let’s think about why we don’t buy fiat currencies on stock and currency exchanges or on the interbank market. Because it takes a lot of time, you need to have quite large amounts, and trading licenses are also a problem.

The situation is similar in the cryptocurrency market. Exchanges require a lengthy KYC verification process. the process of withdrawing funds through a merchant can take up to 5 banking days. It should also be remembered that before withdrawing funds, you must conduct trading operations. 

What are the advantages of the brokerage service 365Cash.co?

You don’t need to go through a lengthy KYC verification process. This is a crucial aspect for those who worry about their anonymity. 

Low limits and fast execution of the exchange order. If you need a small amount quickly – 365Cash.co is the best choice.

The ability to use payment systems like Perfect Money, Payeer, AdvCash to buy cryptocurrencies at the market rate. Exchanges do not provide this opportunity.

Low commission. We do not charge customers a fixed fee for the exchange. We work at the market rate and are completely dependent on the spread.

Quick support service. Our operators will solve any issue within 2 minutes. And on the big exchange, you will need to create a ticket to the support service and wait for hours for a response. 

Briefly about 365Cash.co.

Exchange service 365Cash.co appeared in 2015. For 5 years of existence, we have become not only the largest exchange service in the CIS countries but also conducted more than 1,500,000 exchange operations. The service has more than 20,000 positive reviews from customers and more than 45,000 customers who trust us. 

We have a profitable referral program where partners can earn up to 30% of our profits. There is also a wide loyalty program. 

Site address – https://365cash.co/en

Blog – https://365cash.co/blog

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Elon Musk Advises Crypto Users To Secure Their Crypto Keys Properly

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The crypto community has not gotten over the fact that the world’s richest man has now invested in Bitcoin and has been pretty active in the industry.

However, the community is now receiving security tips for storing cryptocurrencies from Tesla’s chief executive officer. While pointing the security of cryptocurrencies, Tesla also criticized Freewallet app, a crypto wallet for its slack in security.

He also added that crypto investors should not bother doing business with wallets that don’t provide them with private keys.

Users should store their private keys

The unique way cryptocurrencies are stored makes them not redeemable when the keys are lost. Whether the holder stores them with third-party custodians or exchanges, the owner can only claim them when they provide keys to the crypto funds.

That makes securing the keys the most important thing when dealing with cryptocurrencies. As a result, selecting the safest hot or cold wallet is a priority if users want to keep their crypto investments safe.

Elon Musk has come out to advise investors to always store their private keys personally. For a company to receive the attention of the world’s richest man is something to take advantage of to grow. However, FreewalletApp’s short conversation with Musk is a sort of negative publicity to them.

After the company engaged with Musk about a Dogecoin-related post, the Tesla founder pointed out faults with the firm.
He advised digital asset investors to stay…

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Bitcoin

Bitcoin Surges After Tesla Bought $1.5 Billion Worth of BTC

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Cryptocurrency

The sudden rise of Bitcoin has been connected to the decision taken by the Tesla electric car company to buy $1.5 billion worth of Bitcoin.

The company explained in a filing with the Securities and Exchange Commission (SEC) that it bought Bitcoin to diversify its cash returns and more flexibility.

Musk’s Tweets also impacted Dogecoin’s price

Tesla also added that it will start accepting Bitcoin payments for all its products, although this will be based on a limited basis and applicable laws. If the company concludes and starts accepting cryptocurrency, it will make it the first major car manufacturer to accept Bitcoin payments. The company’s founder and Chief Executive Officer Elon Musk has developed an interest in Bitcoin and cryptocurrencies.

He has been tweeting severally about the viability of the Dogecoin (DOGE), which doesn’t have an important market value attached to it.

Few hours after endorsing Dogecoin, the cryptocurrency rose by an impressive 50%. But regulatory authorities are still concerned about the risks in cryptocurrency investments, with several regulatory bodies warning traders and investors they could lose all their money from crypto investments.

But for Tesla, the company decides to diversify its funds and increased its cash returns. However, Tesla also warned investors about the volatility of Bitcoin’s price in its SEC filing. According to the SEC…

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Partnership Between Bridge Mutual & AllianceBlock Announced

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Decentralized peer-to-peer discretionary digital asset coverage platform Bridge Mutual has announced a partnership with AllianceBlock. AllianceBlock is a decentralized, blockchain-agnostic layer 2 protocol bridging decentralized finance with traditional finance. The partnership will allow AllianceBlock and Bridge Mutual to provide traditional investors with a protected bridge to DeFi through decentralized coverage. 

“Discretionary coverage is a very important part of our ecosystem, so we are excited to partner with Bridge Mutual and leverage each other’s technologies,” says Rachid Ajaja, CEO of AllianceBlock. “We look forward to building an ecosystem where all participants have access to the best products while mitigating the ever-present risk of smart contract failure, hacks, and the resultant loss of collateral value.”

In 2020, as much as $200 million worth of digital assets was lost in attacks on major digital asset services. Bridge Mutual’s platform gives users the option to purchase and provide discretionary coverage, reducing investors’ risk of losing funds because of theft, exchange hacks, stablecoin price crashes, exploited contracts, and other vulnerabilities in digital assets. 

By using Alliance Block’s multi-pair liquidity mining platform, Bridge Mutual will be able to offer BMI token holders instant liquidity through staking and high APY rewards for a variety of pairs. Once integrated into AllianceBlock’s P2P lending platform, Bridge mutual will be able to provide coverage to investors. Additionally, Bridge Mutual is working towards…

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