When buying cryptocurrencies, the biggest question, or maybe a choice, that the investors are facing is which crypto to go for. Many of them that seem popular at some point usually end up crashing down and disappearing from the market.
Others and this mostly goes for the big names, can handle the market crash, but have a lot of other issues that need taking care of. However, there is one that seems exceptionally stable, and its very nature shows that it has a future. We are, of course, talking about Verge (XVG).
Why should you buy Verge?
There are many reasons why Verge is the best bet for investors, especially those who are looking to be in the crypto game for a while.
Verge uses open-source software, and a lot of experts, including John McAfee, agree that it is the best one when it comes to anonymity and security.
As a comparison, those who invested in Ethereum (ETH) had a very tough time after it was hacked, and their tokens just disappeared from their wallets. Security is one of the biggest concerns for crypto users, and Verge has got that covered.
Next thing to point out is that Verge is among the most stable cryptos on the market. This especially goes when it comes to giants like ETH and BTC. True, it also suffered losses when the prices of cryptos dropped at the beginning of 2018, but it suffered much less than some other cryptos.
It is also an efficient choice since it is accepted by a lot of exchanges, even though that might not include the biggest ones, or at least not yet. There were cases of a massive rise in the value of cryptos after some of those big exchanges decide to enlist them, so getting XVG tokens before this happens is a brilliant thing to do.
Another thing that might soon elevate the price of Verge includes its total circulatory supply. It has around 13.5 billion coins currently released, but its set maximum is 16.5 billion. That means that it might soon reach this number, which will impact its price a lot since you will only be able to get it from exchanges or other holders.
Verge to stick despite the bans on anonymous trading
Earlier this year, South Korea decided that it doesn’t like the idea of private blockchain and anonymous trading of cryptos. Private blockchains allow for users to remain anonymous during their transactions, which is different from the way the more-favorable public blockchains work. Because of this, it is expected that private blockchains will, at some point, disappear entirely.
However, Verge has a way around it, thanks to the Wraith Protocol. Basically, this protocol connects two parties by forming a link between them.
That way, you can make both, private and public transactions if you are using Verge as your chosen crypto. A protocol like this has the potential to make Verge compatible with similar regulations that might come in the future, and yet, it still allows for users to have their privacy when it comes to more delicate transactions.
Choosing Verge is becoming more and more practical. It definitely allows for some extra security, but also for anonymity, should the need arise. The benefits are enormous, which is why you should consider getting some of the tokens before the next massive increase in price. Naturally, there are never guarantees when it comes to cryptos. All we can talk about is their potential, and potential is one thing that Verge does not lack.
For the latest cryptocurrency news, join 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 PaliGraficas via Pixabay
3 Coins Coinbase Will Adopt Next
Coinbase is one of the largest and most popular cryptocurrency exchanges in the world. However, throughout its existence, it was very picky when it comes to which coin it will adopt. So much so, that it has become a very large achievement to get support by the exchange.
Recently, however, Coinbase has decided to act on its users’ wishes and expand its list of accepted coins. In theory, this was a big deal, and the exchange actually started looking into a lot of coins. However, it only adopted a few of them. Right now, Coinbase is supporting Bitcoin, Ethereum, Bitcoin Cash, Ethereum Classic, Litecoin, USD Coin, Basic Attention Token, and 0x.
Even so, Coinbase wishes to add more of them, but only after it ensured that the coins are a part of legitimate, non-controversial projects. As a result, the entire crypto community started speculating about which coins will be added next. This will also be something that we will try to answer today, by listing three projects that are the most probable candidates.
EOS or Ethereum On Steroids, as some like to call it, is a more than a decent project that has made headlines multiple times this year due to its progress. It managed to launch its own MainNet, which made it perfect for dApp development and smart contract creation. This makes it similar to ETH, but many…
What Will It Take For Bitcoin (BTC) To Rise Again?
It is no secret that 2018 has been a terrible year for cryptocurrencies when it comes to their value. Things looked so bright during the first few days of this year, with Bitcoin hitting $20,086 per coin, and every altcoin reaching new heights. However, it was not to last, and soon enough, the market crashed, and prices went down.
What followed was months and months of a heavily bearish market that kept pushing the prices further and further down. It prevented any attempt of recovery, although several of them gave it their best shot.
Despite a situation like this, crypto investors never forgot the potential of Bitcoin, and many have been predicting another bull run that would have the same results. Those expectations were quite large, and potentially even unrealistic at first. Now, however, as the year approaches its end, it doesn’t seem like anything will happen. The community started to wonder why that is, and what would it take for another bull run to emerge, which is what we will try to answer right now.
What does Bitcoin need in order to have another bull run?
1. Bringing regulation
The crypto space remains highly unregulated in most parts of the world, which is one of the largest reasons why BTC remains dormant. While there are attempts to regulate it, these attempts are made even more difficult due to the fact that the market is constantly changing and…
Stellar plans to Airdrop 150 Million USD in XLM to Blockchain Wallet Users
Recently the Stellar Development Foundation partnered with Blockchain Wallet to airdrop $150 million value of XLM, to the owners of the wallet. The Block declared that the first batch of XLM would be shared this week for all users who signed up to use the Blockchain wallet.
The team behind the stellar Development Foundation hopes that this partnership will make XLM a real rival for other cryptocurrencies from the market.
The co-founder of Stellar, Jed McCaleb declared the following about the airdrop:
“We believe that airdrops are central to creating a more inclusive digital economy. Giving away lumens for free is an invitation to communities to design the services they need.
By working with Blockchain to increase the availability and active use of lumens on the network, we will increase the network’s utility by many orders of magnitude.”
Just $25 value of XLM each
To share some respect to the worth of XLM will distribute for each user, the team of Blockchain wallet declared that after verifying the identity when signing up to the wallet, $25 value of XLM will be shared to each. Furthermore, there will be a first- come and the first-served clause in this airdrop which says:
” Offer available until XLM giveaway supply is depleted. Limit of one XLM airdrop per person, unless participating in any bonus activities.
A person can receive the XLM airdrop in only 1 Blockchain Wallet. XLM…
Ripple CEO: Next year banks will provide custody solutions for digital assets
XinFin (XDCE) surges by more than 25%, can it be next big crypto thing?
3 Coins Coinbase Will Adopt Next
Don't Miss2 weeks ago
Ripple CTO: XRP price needs to go high for the firm to target bigger payments
Altcoins2 weeks ago
3 Altcoins That Can Net You A Fortune In 2019
Altcoins1 week ago
Electroneum (ETN) and Ravencoin (RVN): Two giants in the making
Currency Market2 weeks ago
How is Ripple (XRP) expected to perform this month, November 2018?
Bitcoin2 weeks ago
China sees Ripple as innovative blockchain while Bitcoin gets no love again
Don't Miss2 weeks ago
Ripple CEO Brad Garlinghouse unfolds the future plans of the company
Don't Miss5 days ago
40 million XRP just got transferred to former Ripple executive Jed McCaleb
Altcoins2 weeks ago
Electroneum News: New Partnership And Instant Payment Software Launch