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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

Altcoins

Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve,…

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CoinFlip Scores Big with BRD Wallet Partnership

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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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