Connect with us

Blogs

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

Published

on

cryptos
READ LATER - DOWNLOAD THIS POST AS PDF

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

Blogs

Reasons Why You Are Much Safer When Crypto Trading on Dexes

Published

on

DEXes
READ LATER - DOWNLOAD THIS POST AS PDF

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

Continue Reading

Blogs

Crypto Billionaire Predicts Massive Price Growth by 2021

Published

on

crypto billionaire
READ LATER - DOWNLOAD THIS POST AS PDF

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…

Continue Reading

Altcoins

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

Published

on

TokenRoll
READ LATER - DOWNLOAD THIS POST AS PDF

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…

Continue Reading

Elite