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Skrill wallet adds 4 top cryptos Litecoin, Bitcoin Cash, Ethereum, and Bitcoin

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Litecoin Bitcoin Cash Ethereum Bitcoin

The crypto world is expanding to new horizons every day, and that precisely is good news regarding endorsement and validation for the whole community. As a matter of fact, there are a few coins out there that somehow, are constantly seeking to relate the cryptosphere with the financial world, a goal that we can all agree is one of the things we wait for the most as crypto enthusiasts. But how realistic and close to happening is this? Well, it all seems to point that the time has already come with the addition of 4 cryptocurrencies in the payment platform and wallet, Skrill. Let’s see how it goes.

Skrill’s announcement

As the webpage of the company establishes “Skrill is an e-commerce business that allows payments and money transfers to be made through the Internet.” The company is based in London, and it was created back in 2001 under the name “Moneybookers,” which was later transformed in 2011 to the Skrill we know right now.

It was a couple of days ago, precisely on July 25th when all of the crypto world woke up to find out that the company made an announcement in which stated that 4 top cryptos of the market were going to be added to the payment platform. Like this, the selected ‘lucky ones’ were nothing less than Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), and Ethereum (ETH).

Skrill is one of the biggest payment platforms in the world. In fact, it has a community of more than 25 million users that, as of now, will be able to transform their fiat money into any of these cryptocurrencies or vice versa. The platform counts with several fiat options such as SGD, USD, NZD, and EUR to name a few and additionally is available in more than 30 countries around the world.

However, it is important to mention that fiat-to-crypto or crypto-to-fiat exchange will not be available in countries like the United States of America or Russia due the severe regulations of cryptocurrencies in those nations. Still, it is early to know what will be the future of this crypto adding to the payment platform, but to say the least many options are likely to occur.

Will Skrill add more cryptocurrencies in the coming months? Will they use cryptocurrencies as well as a payment method for their gambling and sports bettings? Well, we all need to wait in order to see, but one thing’s for sure, the company is more than happy with the latest announcement, in fact, Skrill CEO, Lorenzo Pellegrino stated:

“The world of cryptocurrency trading is exciting and dynamic, and our digital wallet service very much lends itself to this environment.”

Neteller getting cryptos listed as well

It was known as well that the parent company Neteller, it is going to add crypto to their platform any soon, and this is for sure one of the best news for the cryptosphere as it represents a solution for the endless seeking that crypto users tend to make to find a trustable crypto exchange. So, the way to go Skrill!

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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.

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Altcoins

XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

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Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more.

NFTs are already being actively traded in markets globally. For…

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Altcoins

Should Crypto Projects Devote Resources to Community Growth and Marketing?

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2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for.  While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory.  When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion.  But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.

I mention both of the above projects as they have each taken slightly different paths to achieve greatness.  Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion.  Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special.  Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.

Cryptocurrency vs. Blockchain Technology

It’s important to make a distinction between blockchain technology and cryptocurrency.  Although they are often used interchangeably, they are different.  Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…

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Altcoins

XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata

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Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //

The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.

As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021. 

“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.

He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”

Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”

Mr. Yamagata has been…

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