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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

CoinFlip Scores Big with BRD Wallet Partnership

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CoinFlip
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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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Altcoins

Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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collateralized debt position
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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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Altcoins

Hodium Presents a Compelling Opportunity for Outsized Investment Returns

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Hodium
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I’m sure all of us remember the cryptocurrency glory days of 2017 and early 2018.  It was one of the biggest bull runs in history and created incredibly wealth for quite a few early entrants.  Unfortunately, for most of us, those gains have most likely been wiped out during the altcoin apocalypse.  The truth is that traders probably thought a bit too highly of their trading abilities when the reality was that anyone could have thrown a dart at a board and ended up making money.

As markets mature (and the crypto market is definitely maturing) it becomes more and more difficult to generate alpha.  In that regard, it’s similar to traditional financial markets.  I can remember trading during my high school days.  It was the late 90s and right in the middle of the dot.com boom.  Eventually, however, the euphoria fades away and reality hits hard.  Now, it’s become rather difficult to actually trade profitably which has given way to the rise of hedge funds.

Hedge funds are investment funds that pool capital from accredited and/or institutional investors and invest in a variety of assets, often with extremely complex portfolio-construction and risk management techniques.  The professionals employed by hedge funds are the best of the best and have spent years honing their craft.  That is why they’re able to make the millions of dollars that they normally…

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