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