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Google’s crypto-to-cash converter enlists Litecoin, Bitcoin Cash, and ETH

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As crypto users, we know for a fact that one of the most valuable tools for us to handle is Crypto-to-Cash converters, a field that seems to be a wider one every day. However, not all of the time these converters are that trustable and that’s precisely the moment where we start to question what’s the perfect place to go to when we want to access trustable information of the prices that specific crypto trades can give us in our fiat currency.

In this sense, nothing says more ‘trustable’ than Google does, or at least that’s what most of us believe when we want to search on the internet, let’s say, anything. And guess what?

One of the things that we can search right now on Google is the price in cash that we would receive by trading certain crypto coins, a brilliant move made by Google that many might consider a little daunting for the search giant in the end. Let’s see how it goes.

Google’s crypto-to-cash converter

Google’s ability to convert from Bitcoin to cash is not actually that new. In fact, we all have been enjoying the latest feature of the giant for a couple of months now.

But truth be told, the possibility of extrapolating this to other cryptos in the market was actually not so close, or at least that’s what we thought, which is the main reason why we almost lost our minds finding out of the adding of altcoins such as Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BTH).

As a matter of fact, you can always search on Google for any crypto-related conversion that you want to have, but what the company has done differently in order to make it stand out is that once you search for a specific crypto, let’s say for instance ‘Bitcoin’, then it immediately opens its converter and give you the rate for that coin, something similar to what happens once you type and search for ‘translate’.

Google Bitcoin Cash crypto to cash converter

Image/snapshot taken by Ali Qamar, GlobalCoinReport.

As of now, in the cases of Bitcoin (BTC), Litecoin (LTC) and Bitcoin Cash (BTH), the only thing we need to do is to type the name and start searching, the first result it shows will be the Crypto-to-Cash converter of Google. However, in the case of Ethereum (ETH), the process varies a little bit as the user would need to type the name followed by the request “currency converter”.

Controversy with the newest feature

Not only in the field of crypto but in general terms, one of the most criticized things of Google despite the incredible help that represents for all of us, is that the company seems to know a little too much about ourselves, and to say the least, that is precisely what crypto users tend to avoid.

This is the main reason why a great part of the community seems to be concerned about what would be the true intentions of Google with its latest move. Is it possible that they want to track which are the most tradable coins? Or is it about them building their very own crypto? Well, for now, it just seems like a helpful tool, we all will have to wait and see. So stay tuned.

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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.

Image courtesy of Maxpixel.net

Blogs

Reasons Why You Are Much Safer When Crypto Trading on Dexes

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While many cryptocurrencies aim to bring the change to the world by bringing full decentralization, one aspect of the crypto space still remains mostly centralized, and that is the way they are exchanged. Most crypto exchanges are centralized companies, where traders and investors need to deposit their coins for safekeeping. This is a risky way to handle the funds, as exchanges remain susceptible to hacks and theft, as many realized recently, after the hack of the world’s largest exchange by trading volume, Binance.

During the hack, around 7,000 BTC (over $40 million) was taken, and sent to multiple wallets, never to be seen again — for now, at least. The hack also came as quite a shock, as Binance was known for its efficiency, security, and high levels of confidence. It also made people realize that their coins are not really theirs if they need to rely on third parties, such as exchanges, to keep them safe. As a result, many are now turning away from centralized exchanges, and are heading towards decentralized ones — also known as DEXes.

Here are some reasons why you might want to consider doing the same.

1. True ownership of your coins

The crypto community has a saying: “not your keys, not your coins.” The saying is now more relevant than ever, but it does not apply on DEXes. Decentralized exchanges

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Crypto Billionaire Predicts Massive Price Growth by 2021

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Crypto prices are once again going up, and Bitcoin has just passed a major resistance level at $6,000. With a situation like that, it is not surprising that everyone in the crypto community is looking forward to the future, wondering what to expect in years to come. Many experts have already given their predictions, some more optimistic than others, but almost all bullish.

Crypto billionaire Mike Novogratz has always been very supportive of cryptocurrencies, and very bullish on Bitcoin. He recently stated that he sees the coins’ prices triple in the following 18 months, meaning that Bitcoin’s return to $20,000 might not be far away, according to him.

He noted that Bitcoin is back to $6,000 after its price hit as low as $3,100 only a few months ago. These days, Novogratz does not believe Bitcoin will return to such lows unless there is a devastating exchange hack or a major shift in regulations. Of course, there was a big hack that had the potential to damage the coin’s price, only days ago. The world’s largest crypto exchange by trading volume, Binance, saw a significant security breach which resulted in a theft of 7,000 BTC.

However, so far, the coin did not react negatively to this incident. While Novogratz believed that such an event would shatter the new confidence in BTC, it simply did not happen. However, he…

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TokenRoll (TKR) Platform Will Take Online Casinos to the Next Level

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Corporate executives are turning to blockchain technology more than ever in an attempt to revolutionize the business world.  Although blockchain is still a relatively new concept, that hasn’t stopped more and more companies from jumping on the bandwagon.  This hot new technology has quickly gained a reputation for providing greater transparency, enhanced security, improved traceability, increased efficiency, and low costs.  One industry that could certainly benefit from decentralization is the online gambling market, specifically, online casinos.  TokenRoll (TKR) has developed a platform that appears to offer a promising alternative to centralized casinos.

Problems with Centralized Casinos

The primary reason why blockchain technology is being implemented so quickly is because it solves a lot of the problems typically associated with the traditional business model.  And online casinos are no different.  It still needs to be said that centralized casinos have proven that there is a great demand for online gambling.  The market is growing faster than anyone could have predicted, and future opportunities appear very promising and lucrative.  But industries are continually evolving and this one is no different.

A few of the problems facing centralized casinos include the following:

  • Little to no transparency
  • Consumer lack of confidence
  • Privacy concerns
  • 48-72 hour wait time for withdrawals

These are four monumental issues that need to be addressed quickly given the global growth of the market.  Casinos need to…

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