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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

My Crypto Heroes Announces Issuance of MCH Governance Token

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Tokyo, Japan, 24th November, 2020, // ChainWire //

My Crypto Heroes is happy to announce the issuance of MCH Coin as an incentive to players in the My Crypto Heroes ecosystem, aiming to allow them to craft a “User-oriented world”. The MCH coin is available on Uniswap with a newly created pool with ETH. 

My Crypto Heroes is a blockchain-based game for PC and Mobile. It allows users to collect historic heroes and raise them for battle in a Crypto World. Officially released on November 30th, 2018, MCH has recorded the most transactions and daily active users than any other blockchain game in the world.

What is MCH Coin?

MCH Coin is being issued as an ERC-20 Standard Governance Token. The issuance began on November 9th, 2020, with 50 million tokens issued.

Of the funds issued, 40% are allocated to a pay for on-going development and as rewards for advisors and early investors. 10% are allocated to marketing and the growth of the ecosystem, and 50% are allocated to the community. The Distribution Ratio of the MCH Coin is subject to change via a governance decision.

The MCH coin will be used as a voting right as part of the ecosystem’s governance, with 1 coin being 1 vote. It will also be used for in-game utilities and payments. Additional information can be found here:

https://medium.com/mycryptoheroes/new-ecosystem-with-mchcoin-en-a6a82494894f

During December 2020 the first governance…

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Altcoins

Rewards Platform StormX Offers 50% Crypto Cashback Bonus for Thanksgiving

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Singapore, Singapore, 23rd November, 2020, // ChainWire //

Blockchain-based rewards platform StormX has released a seasonal promotion for its award-winning Crypto Cash Back App. The promotion will allow app users to earn a 50% bonus on top of their cashback between Thanksgiving Day and Cyber Monday (November 26-30).

StormX has also introduced a brand-new staking service, allowing users to earn an additional 50% per year when they stake STMX tokens. The native ERC20 token of the StormX ecosystem, STMX has a total supply of 10 billion and is available to trade at many of the world’s top exchanges, including Binance and Bittrex.

“With Bitcoin’s price approaching its all-time high, interest in cryptocurrencies has renewed, though some people believe it’s now too expensive to buy in,” said StormX CEO and Co-Founder Simon Yu. “What we have done is create an easy way for such individuals to accumulate bitcoin, ethereum and other cryptocurrencies via everyday shopping.

“We’re also excited to provide users with the ability to earn greater rewards simply by staking their tokens.”

Since the StormX mobile app launched its Shop feature with over 700 stores in February 2020, some 400,000 unique users have been added to the rewards platform. StormX has also witnessed over 50% month-on-month growth for sales. The app is available for download on the App and Google Play Stores, and can be downloaded as a browser add-on from the Chrome Web…

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Altcoins

BITTREX GLOBAL CONFIRMS FREE TRADING AND LISTING FOR TOP DEFI TOKEN

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Valduz, Liechtenstein, 17th November, 2020, // ChainWire //

International cryptocurrency exchange promotes free trading and no gas fees for leading DeFi tokens

17th November 2020 — Bittrex Global GmbH. announced today 8 new DeFi tokens will be listed this week including:

  • UMA (UMA)
  • Aave (AAVE)
  • Balancer (BAL)
  • REN (REN & renBTC)
  • Kyber Network (KNC)
  • Band Protocol (BAND)
  • YF Link – (YFL)

Bittrex Global’s users can trade all of their DeFi  tokens with no trading or gas fees until 2021. The decision to enable free trading on Bittrex Global for DeFi tokens  follows on from the 1,000% growth of the DeFi asset class over the course of 2020.

The decision to enable free transactions will see more investors enter the Blockchain Act’s digital asset regulatory system, supervised by the Financial Market Authority in Liechtenstein (FMA) under the Due Diligence Act which requires traders to comply with the KYC/AML/CFT standards.

“The last year has seen huge growth in DeFi as an asset class and a number of significant milestones completed,” said Bittrex Global’s CEO Tom Albright. “As the asset class matures and more institutional and professional investors look at the fundamentals, we are likely to see increased demand and higher trading volumes for DeFi in 2021.

We’re really excited about what we’re seeing in the space and want to see these DeFi projects grow and help them build stronger platforms through increased adoption. Offering free trading fees…

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