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It’s About Time Cryptocurrencies Had a Proper Meta-Exchange

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Eduardo Tió Gómez

There are many culprits to the cryptocurrencies current bearish season. From fork shenanigans to controversial stablecoins, everyone seems to have an explanation. However, one factor both experts and enthusiasts agree upon is that the cryptocurrency space is not user-friendly enough for mass adoption. It’s filled with clumsy interactions on too many different services with steep learning curves.

Better options are already available. Since last year, a new cryptocurrency exchange aggregator named CoinSwitch is helping users convert more than 400 currencies across 45,000 pairings. It may well be one of the first components of what is now called Web 3.0: A layer of blockchain-powered applications that make all the complicated blockchain infrastructure easy and accessible to everyday users.

For Everyday Users

Most people lack the time to get familiar with every separate service or cumbersome platform. It’s easy to feel uneasy when using an unknown exchange for the first time. Some have uncomfortable policies or become inconveniently glitchy when it’s time to withdraw funds. To say nothing about liquidity issues.

CoinSwitch lays the whole market at its users’ feet. They can count on it as a meta-exchange where they find the best deals on the market in a single place. The top-rated service scrapes data from every major exchange to give users the widest set of options for their transactions. These include IDEX, Bittrex, Bitfinex, Okex, KuCoin, and Cryptopia.

There is also no need to trust a third-party wallet service. CoinSwitch allows anyone to convert their holdings directly and anonymously from the safety of their own wallets. They don’t even need an account. Users only need to use a seamless conversion transaction that works even from hardware wallets like Trezor.

CoinSwitch’s service is free of charge on most transactions. Over three-quarters of the listed exchanges do not charge CoinSwitch users anything extra. Others only collect a minimal 0.49% fee, at most.

For Businesses

Everyday users are not the only ones who benefit from using CoinSwitch. Besides hardware wallet integrations, the service’s API is already used by countless other blockchain projects. Gaming sites like Stake.com and Bearescape.io use it to offer users an easy and secure way to recharge their accounts. Likewise, CoinSwitch is launching a payment gateway where merchants can accept over 300 cryptocurrencies.

Already influential in the APAC region, the Bangalore-based startup has attracted funding from prestigious firms such as Silicon Valley’s Sequoia Capital. CoinSwitch is founded by a team of professionals stemming from Amazon, Microsoft, and Zynga, who succeeded in building the cryptocurrency exchange aggregator that serves the highest number of daily transactions.

For the Blockchain Community

The startup is also engaged with the community of blockchain entrepreneurs and developers at large. CoinSwitch offers a customized cryptocurrency exchange that can be quickly embedded in any website, with no need to code a single line. Projects like Skycoin, Gobyte, Komodo, and Reddcoin have already taken advantage of this feature.

Services like CoinSwitch are providing the foundation for a more accessible and user-friendly cryptosphere. One that is ready for mass adoption.

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and 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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How Cryptocurrencies Will Change Online Gambling in the Future

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Anyone who has followed online gambling since the beginning can tell you that things don’t stay the same for long. One of the reasons for this is that technology improves at such a ridiculously fast pace, and innovators in this industry are able to match up with those technological changes pretty quickly.

An innovation in technology that the Internet gambling industry has really learned from is cryptocurrency, with bitcoin in particular leading the way. We’ve seen it emerge as an alternative banking method, but it’s going to change the industry as a whole in ways that people can’t quite understand yet.

A Post-Legality Era

Something that has eluded online gambling since its inception is the idea of a global governing body. As it stands right now, each individual country (and smaller units of jurisdiction) have their own governing bodies that oversee in the industry. A lot of these laws are tied to banking laws, and that’s where the legality of playing in bitcoin casinos becomes such an interesting topic.

In the present, we’re seeing country-based regulatory bodies from places like Malta, Gibraltar and the United Kingdom start to work together and recognize each other’s licenses more and more. That’s taking serious steps towards having a global governing entity, and once that happens, the role of bitcoin is going to be even larger than it is now because it’ll…

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VOLUM (VLM) Announces Commencement of Token Generation Event

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ESTONIA, May 4, 2019 – VOLUM (the “Company”), a multi-dimensional blockchain technology holding company, is thrilled to announce the commencement of the Volum (VLM) Token Generation Event (“TGE”) beginning on Saturday, May 4. The VLM utility token is the native cryptocurrency powering the VOLUM supply chain and logistics management platform.

Driven by algorithmically intelligent software tailored to logistics and supply chain management, along with Internet-of-Things (“IoT”) integrated functionality, and a backbone of hybrid public and consortium blockchain architecture, the platform is organized around the Volum (VLM) token. The VOLUM TGE will be managed by deploying ERC20 tokens on Ethereum Mainnet to maximize future access to cryptocurrency exchanges.

The VOLUM platform operates as a comprehensive control center for supply chain and logistics management operations. Companies who use this platform will be able to carry out a wide range of blockchain transactions including: Payments, Rewards, Purchase Orders, Legal Contracts, Regulatory Compliance, Taxation, Shipment Management, Letters of Origin, Customs Documents, Inputs/Outputs and Inventory Ordering, Delivery/Parcel Tracking, IoT Monitoring and Reporting, Big Data Analytics, and Inputs and End-Product Tracking/Traceability.

“The total addressable market for a blockchain-based supply chain solution is nearly $54 trillion globally, with the majority of the world’s workers playing some part of this equation” noted Arnaldo A. Detrés, CEO of Bengala Technologies, LLC, the principle blockchain developer working to build the VOLUM platform. “However, blockchain solutions have been unable to…

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How to Secure Yourself in Relation to Bitcoin: Top VPN Services

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Nowadays, more frequently people opt to use cryptocurrency such as Bitcoin while dealing with financial transactions for its convenience, so its increasing prevalence isn’t round-of-the-mill phenomenon but still, its users need to create fully protected cooltechzone to secure their data.

Recently, a great abundance of VPNs have started to accept it as a way of payment and it definitely makes sense: one buys VPN to retain anonymity on the Web, so why not to use the privacy-focused payment method? Paying for a VPN service with Bitcoins or any other cryptocurrency secures personal data from curious eyes leaving no traces.

What is a VPN?

Virtual Private Network (VPN) is generally presented by the group of linked to each other computers via the Internet. VPN boosts protection and provides a high level of anonymity to all types of Internet connections.

Security

While the connection to the ordinary Wi-Fi networks, a user usually gets access to the Internet directly, thus he becomes vulnerable to the hackers and the malware attempting to steal his personal data. On the other hand, applying VPN one transmits and gets data in encrypted form which makes it protected.

Anonymity

Generally, isn’t hard to trace an Ip-address of any user and to identify his location with sufficient accuracy. With the help of VPN, the attacker will only get the address of the removed computer. Undoubtedly, the safeguard…

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