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Neteller to Launch a Crypto Exchange

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The way to make sure that the cryptocurrency momentum continues and that cryptocurrency credibility occurs is when big companies begin offering services based around cryptocurrency and other features of blockchain. This was certainly the case when Neteller recently announced it will offer a cryptocurrency exchange service in addition to its digital wallet services. The company announced that the 28 currencies compatible with the fiat wallet were able to buy, sell, and hold cryptocurrencies – including Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, and Litecoin. It makes sense to begin with Bitcoin and Ethereum as they are seen as the originators of what cryptocurrency and blockchain can do and also the future of how blockchain can be used, despite news that Ripple may be set to topple them all. Neteller’s move into cryptocurrency shows it has its sights set on a bright future of cryptocurrency and making it more accessible. But where do they stand now?

Neteller and Cryptocurrency

Neteller are optimistic about the exchange features of the digital wallet, claiming that they plan to add more cryptocurrencies in the near future. Neteller’s benefit is the ease at which one can begin their cryptocurrency trading journey. Not only do a range of banks offer services to fund the wallets and exchanges, but so do a variety of online payment options. This helps remove the barrier to entry that exists in cryptocurrency as people feel unsure as to how to even begin to get involved. Plus, the fiat currencies include the major currencies – British pounds, US dollars, rupees, rubles, francs, yen, pesos and reals. The company claims that its rates are competitive compared to others on the market while its bonus features and security measures should help customers identify which cryptocurrency wallet and exchange they will engage with. The minimum amount is 10 EUR, which means that, unlike other commodity exchanges that require weightier amounts, the barrier to entry here is lowered too. Neteller is a part of the Paysafe company, which also owns Skrill, and began offering that as a digital crypto exchange too. This shows the direction the company is taking in making its digital offering stronger and enhancing how it manages financial operations.

Neteller’s Vast Array of Partnerships

Neteller’s credibility also comes from the range of partnerships that they have embarked upon, from a variety of industries. Neteller is partnered with Skrill who focus on people earning cashback through how they spend money via their digital wallet. Online casino Betway also have a partnership with Neteller for the digital wallet that users of the site store their money in. eToro is also listed as a merchant of Neteller, which offers a service in forex (foreign exchange). Using a digital wallet service for this helps to streamline the process of trading. Fellow forex broker ZoomTrader also utilizes the innate benefits of the Neteller digital wallet service. Neteller can also be used as a payment service in the gaming industry, such as purchasing gold in World of Warcraft, which shows a practical application that many in the mainstream may be able to benefit from. Moreover, Neteller can also be used to purchase FIFA coins, which shows an application moving into the eSports industry, which is often at the forefront of gaming innovation. Even retail is partnered with Neteller in order to offer a different payment option, as online vendor CDKeys shows us. Finally, between 2014 and 2016, Neteller’s branding was displayed as an official sponsor of Crystal Palace Football Club during the English soccer Premier League.

Companies like Neteller moving towards offering a cryptocurrency exchange will help expedite the cryptocurrency revolution. While awaiting institutional money into the cryptocurrency system, the market will continue to grow and those in the mainstream general public will be able to get involved with something that was reserved for more experienced traders. The lower fees for trading also enable beginners to hone their trading skills without too much risk of loss, which is always part and parcel of a trading journey. Cryptocurrency has been the buzzword for some time and evolution in the use of blockchain shows that it could have some real benefits to the real world. The move from Neteller shows a commitment to the future of blockchain and a willingness to embrace all things digital going forwards.

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.

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Property Loans for Foreigners in Singapore That You Must Know About

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property loans for foreigners in Singapore
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Intending to invest in a residential or commercial property in Singapore?  

When it comes to foreigners applying for a loan in Singapore, things can be pretty hard regardless of the reason whether you need the property for personal or business purposes.  

In Singapore, buying a property is challenging, whether you are a foreigner or a native, and sometimes applying for a loan is the only way for you to afford it.  

HOW MUCH CAN YOU BORROW FOR A PROPERTY LOAN IN SINGAPORE? 

As for the Foreigner Loans, in Singapore, there is an exact amount of money you can borrow to finance the purchase of a property.  

In this sense, Singapore has the Loan to Value Ratio (LTV).  

The LTV ratio is what determines the exact amount of money you can borrow for a property loan, which changes depending on where you try to obtain the loan:  

  • If you are applying for a bank loan, you can borrow a maximum of 75% of the value of the property you want to purchase. That means if you are looking for a property that costs $500.000, the maximum amount of money a bank lender can give you like a loan in Singapore is going to be $375.000. 
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CoinField Launches Sologenic Initial Exchange Offering

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Sologenic
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CoinField has started its Sologenic IEO, which is the first project to utilize the XRP Ledger for tokenizing stocks and ETFs. The sale will last for one week and will officially end on February 25, 2020, before SOLO trading begins on the platform.  Sologenic’s native token SOLO is being offered at 0.25 USDT during the IEO.   

Earlier this month, Sologenic released the very first decentralized wallet app for SOLO, XRP, and tokenized assets to support the Sologenic ecosystem. The app is available for mobile and desktop via the Apple Store and Google Play.  The desktop version is available for Windows and Mac.

“By connecting the traditional financial markets with crypto, Sologenic will bring a significant volume to the crypto markets. The role of the Sologenic ecosystem is to facilitate the trading of a wide range of asset classes such as stocks, ETFs, and precious metals using blockchain technology. Sologenic is an ecosystem where users can tokenize, trade, and spend these digital assets using SOLO cards in real-time. The ultimate goal is to make Sologenic as decentralized as possible, where CoinField’s role will be only limited…

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Many of the Top Sports Betting Websites for 2020 Can Be Found On Boomtown’s Best Betting Page

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Sports betting is one of the widely known types of online gambling. With a large number of sports fans around the world, this type of gambling is one of the most sought after. The problem usually comes from when gamblers try to find the best sites out of the many available ones. Many new sports betting sites come up daily, thus making the selection process even harder. One of the best places to find top betting websites for sports is Boomtown Bingo. This platform doesn’t just give users the best online casino games websites, but they also cover sports betting. As such, boomtown bingo remains a one-stop-shop for everyone who needs the best and the latest online gambling and gaming sites for all types of devices.

Performance

The performance of any website is critical. Users need to find their way around the site easily, and that can be made possible with the site structure and arrangement. Loading time is also essential. A website that always hangs thus pushing the user to refresh every time is no good. These are some of the factors that Boomtown Bingo looks into when selecting the best sites for its users. You can be sure that the new sports betting websites listed on Boomtown’s platform have faster loading time, can be used easily by everyone,…

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