Connect with us

Featured news

XRP turns green as it secures listing on new crypto exchange Shardax

Published

on

XRP
READ LATER - DOWNLOAD THIS POST AS PDF

An exciting new crypto exchange Shardax, which is built to be user-friendly, fast and secure one, announced to list Ripple’s XRP just recently. And all the major cryptocurrencies, including Bitcoin, are still trading in red, XRP is up by 2.34% at the press time.

Since the emergence of cryptocurrency and blockchain technology, crypto trading has been one of the most profitable investment options for many individuals who have an eye for emerging technology. However, considering the crypto market’s high volatility, unregulated and decentralized nature, the risks of fraud and complex technology make it problematic for new merchants and investors to venture into the industry.

Luckily, Shardax as a cryptocurrency exchange provides an alternative for investors and merchants who do not have the technical know-how or business acumen to run their due diligence on virtual currency ventures. And now the very same exciting new exchange has announced the listing of XRP.

What is Shardax Exchange? Why XRP listing on it is worth noting?

Shardax crypto exchange was launched in the third quarter of 2018, created to combine the dominance of top-tier cryptocurrency exchanges, with the capability to profit from users deposited proof-of-stake coin remunerations. Shardax is easy to use crypto platform that promises both investors and the exchangers optimal security guarantees, smooth trading, and trade opportunities.

The most recent cryptocurrency exchange embracing Ripple’s XRP, Shardax Exchange also has a very attractive Referral Program that can earn investors money while they accumulate and trade digital assets by simply referring their friends into joining the platform. According to some analysts, Shardax is superior when compared to CoinPayment Airdrop.

Besides its superior instant trade attribute, Shardax’s user-friendly interface is modified specifically to make it easier for all users to exchange and trade between virtual currencies. Users stand a chance to trade their digital assets at the best prices thanks to the Shardax platform that offers an advance view on the market. Both functionalities, advanced view and instant trade, are friendly to handheld devices such as mobile phones and tablets meaning users will be able to conduct their trading activities everywhere.

Shardax is Accessible and Offers Low Tariffs

One of the major advantages this new exchange platform offers to its users is its transparency where individuals are always shown the tariffs they are supposed to pay when making a withdrawal or trade. All their fees and tariffs are transparent with no hidden charges imposed on users.

At the time of writing, Shardax charges a 0.1 percent trade tariff with the option to enjoy a 50 percent discount when trading with Shard, the native cryptocurrency affiliated with the exchange.

Shardax Holding or Storing your Digital Tokens

While Shardax holds the user’s staking digital tokens, they are liable to receive proof-of-stake rewards from the exchange. Users can buy and sell cryptocurrencies all in the same place without experiencing any delays; users can even be recipients of staking rewards while their digital tokens wait in the order book.

Reliability and Security

You want your XRP tokens to be safe no matter what exchange you use, right? To make sure user accounts and digital tokens are secure, Shardax exchange has formulated multiple protection layers that act as security walls that maintain a high-level security. A big percentage of funds are stored in cold storages with all wallets having delegated servers.

Shardax Exchange Offers on Offer

As an incentive to the crypto world, Shardax announced to the market that it would be offering its first 50,000 registered users an incentive of paying 0 percent trading charges until 2019. The registration is still ongoing but slotted to be closed soon.

Shardax Cryptocurrency Exchange Lists Ripple’s XRP

Shardax cryptocurrency exchange is focused on stamping its authority in the crypto space and has ventured into listing relevant cryptos that exist in the market, Ripple (XRP) being the latest token.

As noted at the beginning of the article, taking to their Twitter handle, Shardax announced that they were glad to have come to an understanding with XRP and are going to be listing the number 2 ranked cryptocurrency in the market. In addition to the news, Shardax announced that they are offering a 0% trade fees incentive for the first three months for users who register now.

For real-time trade alerts and a daily breakdown of the crypto markets, sign up for Elite membership!

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 Mohamed_Hassan/PixaBay

Blogs

Reasons Why You Are Much Safer When Crypto Trading on Dexes

Published

on

DEXes
READ LATER - DOWNLOAD THIS POST AS PDF

While many cryptocurrencies aim to bring the change to the world by bringing full decentralization, one aspect of the crypto space still remains mostly centralized, and that is the way they are exchanged. Most crypto exchanges are centralized companies, where traders and investors need to deposit their coins for safekeeping. This is a risky way to handle the funds, as exchanges remain susceptible to hacks and theft, as many realized recently, after the hack of the world’s largest exchange by trading volume, Binance.

During the hack, around 7,000 BTC (over $40 million) was taken, and sent to multiple wallets, never to be seen again — for now, at least. The hack also came as quite a shock, as Binance was known for its efficiency, security, and high levels of confidence. It also made people realize that their coins are not really theirs if they need to rely on third parties, such as exchanges, to keep them safe. As a result, many are now turning away from centralized exchanges, and are heading towards decentralized ones — also known as DEXes.

Here are some reasons why you might want to consider doing the same.

1. True ownership of your coins

The crypto community has a saying: “not your keys, not your coins.” The saying is now more relevant than ever, but it does not apply on DEXes. Decentralized exchanges

Continue Reading

Bitcoin

4 Reasons Why the New Bitcoin Rally Is Unlikely to Stop Now

Published

on

Bitcoin rally
READ LATER - DOWNLOAD THIS POST AS PDF

After more than a year of declining prices, the crypto market is finally seeing a period of serious recovery — one that has already brought digital currencies to heights not seen in over half a year now.

Only days ago, Bitcoin surged past several major resistance levels and managed to exceed its yearly high of over $8,000. Already, many skeptics are predicting the soon end of the bull run, and the possibility of yet another sharp decline. However, there are signs that suggest otherwise — that this bull run is only getting started, and that it will not end anytime soon.

There are four reasons why this is the case, and they are as follows:

1) Bakkt

There is the long-awaited Bitcoin futures exchange, Bakkt, which recently announced that the July test date for Bitcoin futures is soon to be set. Bakkt’s launch was delayed multiple times already, so the announcement came as quite a surprise. However, it appears that it will happen quite soon, after all.

As soon as its arrival becomes a certainty, Bitcoin will likely skyrocket even further, just like gold did when gold ETF appeared in 2013.

2) Bitcoin completely ignored the hacking of Binance

Binance has been the largest crypto exchange by trading volume for a while now, and as such, many expected that, if anything were to happen to it, Bitcoin…

Continue Reading

Bitcoin

The New Rally Has Arrived: Crypto Market Cap Goes up by $24 Billion Within a Day

Published

on

crypto market
READ LATER - DOWNLOAD THIS POST AS PDF

The crypto market’s recovery progresses further, and at a rapid pace, at that. Bitcoin has just surpassed the $8,000 mark, which is the first time its price has been that high since July of last year. In addition, the entire crypto market is making billions within hours.

Bitcoin (BTC) sees another serious surge

In the past 24 hours, the total crypto market cap has gone up by around $24 billion. Meanwhile, BTC price has grown by $1,000 within the same period, as the largest coin traded barely above $7,000 on early Monday. At the time of writing, the coin’s price sits at $8.014.31, with a 14% growth in the last 24 hours. Meanwhile, the BTC market cap has gone up to $141.85 billion, and even the coin’s trading volume surged to over $31 billion.

While many are wondering whether this is a return to the massive heights seen back in 2017 or only a temporary surge which will soon see a correction — no signs of an upcoming decline have been noticed as of yet. In fact, new heights were made and then exceeded multiple times in the past week, with a massive 33% gain during that time. And, with Bitcoin’s dominance at 60%, many are expecting that massive altcoin surges are to be expected as well.

The growth of altcoins can already be seen, as Bitcoin

Continue Reading

Elite