What are cryptocurrency wallets?
A cryptocurrency wallet is one of the most important tools that every crypto trader needs. A wallet is a place where the coins can be stored safely, and only their owner will have access to them. Wallets can come in multiple forms, which include online platforms, hardware devices, and even apps for a smartphone.
eToro’s wallet is one of the best ones that can currently be found in the market, and it offers numerous features and advantages that a cryptocurrency investor can benefit from. While some wallets only serve as a storage space for cryptocurrencies, there are also those like eToro, that allow numerous other services.
What makes eToro wallet special?
eToro has been a big name in the crypto world, especially when it comes to crypto assets integration into the trading world. In fact, eToro supported Bitcoin purchases as far back as in 2013. Over time, eToro added numerous other digital assets to the list which, in turn, attracted new investors willing to trade said assets.
Since then, eToro’s goal was to assist in the development of the crypto world. As a result, it also launched its own cryptocurrency wallet, and for the first time in the crypto world’s short history, a wallet that allows transferring and storing assets emerged. The eToro wallet allows users to transfer their BTC from the exchange platform to the wallet directly. Not only that, but it also supports several other cryptos, like Litecoin, Ethereum, and Bitcoin Cash. However, eToro is already making plans to add new coins at some point in the future.
Furthermore, eToro wallet also allows transferring digital coins to other wallets, and even to offline (cold) storages. This is only one aspect of its numerous security features that protect users’ funds, such as two-factor authentication.
The wallet’s interface is rather intuitive, and using it is simply for newcomers and experienced traders alike. By simply entering user credentials, anyone can quickly log into their personal account and manage their coins in one of the multiple languages.
One problem that most users have with crypto wallets are their fees. While eToro does have certain fees, like any other wallet, they remain quite competitive. Not only that, but the company stated that they plan to keep them that way. Due to the fact that both, eToro and the blockchain platform have their own fees, there are actually two of them that users will have to pay. But, as mentioned, eToro is doing everything in its power to keep them as low as possible.
Considering how important crypto wallets are for trading, there are numerous ones out there, just waiting for users to come and make an account. However, another difference between those wallets and eToro wallet is the fact that eToro’s wallet has a very successful and reputable company behind it. The company that is known for being secure, reliable, and respectful toward its users, no less.
For a lot of investors, this was proof enough that the wallet will be functional and with no surprises regarding its functionality and safety. This is important since investors need to know that their funds are stored in a safe place, which is something that eToro can guarantee. The wallet is also easy to access, understand, and use, which makes it one of the best solutions currently available.
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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.
FOTON Bank Is Launching An All-in-One Crypto Banking Service to Process up to 500 Transactions per Second
The decentralized FOTON project is launching its next-generation crypto-bank ecosystem to stimulate and facilitate the use of cryptocurrency payments worldwide, as stated in the official press release published by the company.
The statement issued by the FOTON project on December 3, referred to the launch of a decentralized crypto-bank designed for multi-currency transactions featuring a built-in fiat and cryptocurrency exchange system and instant contactless payments for goods and services worldwide. The system is intended to become a stable and flexible ecosystem that will enhance scalability for services related to financial assets, exchange solutions, cards, accounting, and business/customer services.
The technology being employed in the design of the ecosystem was specifically created to tackle some of the most critical issues facing the modern banking system, as well as the widespread adoption and application of cryptocurrencies in routine business transactions. The issues the FOTON project’s ecosystem seeks to solve include overregulation, bureaucracy, centralization, system faults, volatility, legal constraints and complications related to practical use.
“We are creating the ecosystem that will prove to be the impetus and basis the crypto market needs to make the effective transition to becoming the next global banking system,” as stated by Andrey Pashkevich, CEO and Co-founder of FOTON.
“The time to buy is when there’s blood on the streets” – Baron Rothschild
You have probably heard these stories, but let me explain why they are as important today as they were 100 years ago when first spoken. Not only that, it is just as relevant today. A bit of a background first.
Napoleon was at war with England. The Battle of Waterloo, it was England’s last chance to save itself, and remain as England. Baron Rothschild was standing at his post in the London stock exchange. If England wins, the market will rally, if Napoleon wins, it will go to shit. Baron Rothschild sends his private messenger to Waterloo and demands that he return to him and report who won the war.
His messenger does so and makes it in time before the public knows anything. England had won the Battle of Waterloo. At his stand on the exchange, what does Barron do? You would think buy up stocks right? Nope, Baron starts to sell, at first slowly, and then faster. The other brokers on the floor watch what Rothschild is doing and think “Baron knows something, we lost, start selling”. Now, the brokers on the exchange begin selling in a frenzy. In the midst of all this, Baron begins placing buy orders at the bottom of the market through other brokers who do not know…
Crypto Users’ Search For a Good Bitcoin Blender Stops With Bestmixer.IO
At first glance, it might seem easy to find a good bitcoin blender that guarantees your anonymity and is secure. There are after all a number of big bitcoin mixers on the market, so how different can their services really be?
If that’s what you’re thinking, beware. All bitcoin blenders claim to have anonymous transactions – that is after all the main reason why anyone would want to use these services. This claim was however always difficult to test. How does one go about to check if these promises are indeed true?
This was the case until BestMixer.io appeared on the scene. Unlike previous bitcoin anonymization services, BestMixer.io features complete, verifiable anonymization for bitcoin. Releasing a utility named the Coin Anonymization Event (CAE) check, BestMixer.io not only proved that their bitcoin transactions could not be traced, but also showed that those of their competition could be. With this bold move, BestMixer.io not only demonstrated that they are a good bitcoin blender, but one could argue that they are the best. Even though those services that were exposed as not being anonymous have in the meantime changed their systems to prevent the CAE-check from revealing transaction detail, would you really be happy to trust them again?
BestMixer.io mixes not only Bitcoin, but also other leading cryptocurrencies including Bitcoin cash, Ethereum, Litecoin and Bitcoin SV.
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