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Main facts why Stellar, Tether, and Tron are cryptos to adore

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Reasons for deciding to support cryptos can vary drastically according to the interests of a particular investor, as well as what the crypto-related project has actually to offer. However, this decision is regularly influenced by those unique benefits we can obtain from the coin itself, or in short, those features making the token unique.

If by any chance you are on the hunt for a coin in which you’ll be able to put your bet, the task is not easy at all. As a matter of fact, there are a massive number of cryptocurrency projects appearing on the list of coinmarketcap.com, and the truth is many of these projects look very much the same.

A quick suggestion is to go over the top 30 or even go higher on the list in order to find the most one-of-a-kind offers and make the right choice.

Three of the coins that actually are at the top of the list are Stellar (XLM), Tether (USDT), and Tron (TRX). Coins that have managed to offer exclusive and revolutionary benefits, as well as solving one or more of the issues blockchain technologies and cryptocurrencies have faced.

Following I’ll show you the main facts proving why we need to adore these virtual tokens.

Stellar (XLM)

Although the coin didn’t have a great performance during the first quarter, this token remains as one of the currencies leading the top of the market.

The principal fact proving this a coin to watch out is the potential growth the token may have by being adopted by bank entities. Its platform is specially composed to be robust and exploit to the maximum its XLM token, a fact that has put the coin on an advantage over some important cryptos like Bitcoin, Ethereum, or Ripple.

The platform is envisioning being the fastest and most accessible payment method for completing cross-border operations. For this, a nicely-deployed move is an alliance with IBM, and of course, all of the other negotiations the company has made in order to make possible that central banks adopt its Lumens for operating cross-border transactions.

For sure the XLM token can manage to accomplish this goal. Is actually the only coin allowing free transactions at the moment, and its transacting time varies from only 2-5 seconds. Similarly, allows making transfers with different currencies, a fact that makes very easy to transact with varying denominations of fiat and virtual coins.

Tether (USDT)

The USDT token is one of the digital assets labeled as stablecoins. This cryptocurrency was created with the intention of offering an alternative option on trading exchanges platforms that provide crypto/dollar pairs.

The token gives you the opportunity to exchange cryptocurrencies with USD and has a broad repertory of pairs that make very easy to trade with a bunch of exchanges platforms.

Additionally, the coin has consistently been observed matching the drops off the market, especially, Bitcoin falls. Like this, you have the chance to buy cryptos using USDT in the mode “buy the dip”, an action that will make you recover great benefits later when the market gets fixed.

TRON (TRX)

One of the main reasons why you should be looking at TRON (TRX) is because of its objective of making the web fully decentralized. The coin was born under intentions of using blockchain features and integrate that into the entertainment and gaming industry. Besides, it provided content creators and publishers with a platform to scout publications and storage of content efficiently.

Similarly, another reason to adore the coin remains on the fact that it has a terrific and well-oriented team, starting with the founder and CEO of the company, Justin Sun, a businessman who figures as one of the brightest minds in Asia and the whole world.

Besides, the company has worked tirelessly on developing several partnerships among the industry, in order to establish potential adoptions and provide a one-of-a-kind service. Without any doubts, when it comes to improvements, TRON has been showing big-all steps.

Partnerships of this kind work on penetrating the market and boosting the potential uses of the coin, showing; as a result, increased valuation of both investors and users of the crypto.

We will be updating our subscribers as soon as we know more. For the latest cryptocurrency news, sign up for our Telegram!

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 François Schwarz via Flickr

Altcoins

KaratGold Proves Its Business Model By Providing Official Documents

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There has been a lot of renewed enthusiasm in the cryptocurrency market thanks mainly to Bitcoin’s strong move about 10,000.  Although Bitcoin continues to show its dominance, the altcoin market has yet to benefit from that rally.  A few of the largest altcoins remain popular but the rest of the market continues to lag behind.  In 2018, there was a lot of talk regarding a possible altcoin apocalypse where only the strong would survive.  That prediction appears to be playing out as expected.  Going forward, only the best projects that have a real world need will survive.  Crypto traders will have to spend a lot of their time doing proper research in order to find the best opportunities, just like in all financial markets.  One promising project that appears to have the makings of a future winner is KaratGold Coin.

KaratGold Background

KaratGold Coin is a cryptocurrency developed by the reputable German company Karatbars International, which maintains a leading position in the market of small gold items and investments. The project is part of a larger ecosystem, which involves several blockchain solutions that can be used for transactions, communication, investing and other tasks. During the past few weeks, however, the KaratGold ecosystem has been a target of unsavory scam allegations.  

Karatbars International and GSB Gold Standard Banking Corporation…

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Altcoins

ICTE May Bring About Sweeping Changes for Cryptocurrency Exchanges

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Cryptocurrency has taken the world by storm during the last few years. An entirely new financial market was created almost overnight which has captured the imagination of all its participants. Cryptocurrency is even starting to attract institutional money from investment banks, hedge funds, and other proprietary trading firms. Despite the rapid growth, traders remain extremely frustrated by having to deal with the fragmented nature of centralized crypto exchanges.

A Change is Needed

When cryptocurrency first began, there weren’t many participants and the trading volume was relatively insignificant. But, over time, that has radically changed. Some tokens now have a capitalization in the billions and are being traded 24-7 by institutions all over the world. Despite the volume, significant problems exist with the current way that exchanges work. Some of those problems include the following:

  • Constant fear of hackers
  • Exchange manipulation
  • Fragmented liquidity
  • Risk of identity theft

One of the biggest issues regarding centralized exchanges is the risk of being hacked. These hack stories seem to always be circulating around the internet. While experienced traders may have the tools to avoid becoming a victim, potential new traders have zero interest in dealing with this. And it’s not just the small exchanges that are at risk. Even large exchanges, such as Mt. Gox and Binance, are subject to being hacked.

Another huge risk is having to deal with…

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Altcoins

SonicX and Dash Could Challenge Facebook’s Libra for Global Payments Market Share

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SonicX
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When Satoshi Nakamoto unveiled Bitcoin to the world, the dream was always for Bitcoin to serve as a new universal currency.  It would be free from the bureaucracy of governments.  And free from the tyranny of the old-world financial cartels.  Although the dream hasn’t yet materialized, it comes closer and closer with each passing day.

One of the biggest roadblocks for Bitcoin has been scalability.  At a speed of approximately 7 transactions per second, Bitcoin lags behind other cryptocurrencies like Ripple and global payment processors like Visa.  Many expect the lightning network to have a positive impact on Bitcoin’s TPS but until that comes to fruition, mass adoption will likely need another significant development.

Libra Currency Announcement

One development that could help pave the way toward mass adoption is the launch of the Libra currency.  Libra is expected to go live during the first half of 2020 according to Facebook’s June announcement.  According to Facebook, Libra will make sending money online cheaper and faster.  It will also have a hand in improving access to financial services, especially for the unbanked.  Given Facebook’s global reach, including many third world countries, providing financial access to the unbanked could provide a huge spark to global economies.  Additionally, it could provide the growth spark that cryptocurrency needs.

Facebook’s most popular messenger, WhatsApp, has approximately 1.5 billion monthly users.  This application is…

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