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

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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

Bitcoin

Why Bitcoin Price Remains Stable Before the Expected Hike

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The cryptocurrency rallied a few days back, but now, it has moved closer to 38.2% Fib level. Investors are enthusiastic that as it remains at this level for some time, and stabilize. The next move in Bitcoin price will take it to the 61.8% Fib level. This is when the hike in the price of the cryptocurrency will occur towards $4,200. However, after the surge in price, the upcoming weeks will see the Bitcoin falling swiftly to $3,000.

The truth is that if this move fails to occur, there may not be an improvement in the value of the digital currency. Also, this movement will enable the “bullish gartly pattern” we saw on the BTC/USD 4H chart to become a reality. Also, we are expecting that the Bitcoin price will decline the same way it has been recovering since early February.

Why this week’s closing price matters

Presently, Bitcoin price is still trading above what the intrinsic value is showing on larger time frames. However, we can see adequate room to accommodate short-term rallies. The price at which Bitcoin closes this week is very critical. It will be a clear indication as to how the digital currency will move in the coming weeks.

If Bitcoin closes at a price above $4,000, we are hopeful that the correction may come from early next week. On the other hand, any…

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Blockchain-Focused ETF Arrives on London Stock Exchange

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The crypto community is still waiting for the US SEC to approve Bitcoin ETFs, with speculation which application might get approval being one of the hottest topics in 2018. However, come 2019, the US government shutdown dragged on, and the Bitcoin ETF request which had the most potential to see a grant got withdrawn by the very companies that submitted the application.

While the question of BTC ETF remains hanging in the air, blockchain-focused ETFs seem to be a different matter entirely. In a recent announcement by an independent investment managed firm called Invesco, the company has stated that it was about to launch the largest blockchain-focused ETF in the world. They managed to go through with this plan, and the ETFs have reached the London Stock Exchange today, March 11th.

The exchange-traded fund includes a portfolio containing as many as 48 different firms which are bringing exposure to the emerging technology. Among them, there is Taiwan Semiconductor Manufacturing, which is a well-known creator of chips used for crypto mining, as well as the CME Group, which is the first regulated exchange in the US which launched Bitcoin futures. There are many other well-known companies as well, such as Intel, Microsoft, and others.

Chris Mellor, the Invesco’s head of ETF equity product management in Europe, said that blockchain has a huge potential to increase earnings, even though…

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Blogs

Could Jeff Bezos Turn to Bitcoin to Hide Fortune from Wife?

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Amazon’s Jeff Bezos has made numerous headlines recently due to his overly-publicized divorce, which shows all signs of being one of the most expensive ones — if not THE most expensive one — in modern history. According to estimates, it might cost him as much as $70 billion, which will make his soon-to-be-ex-wife the richest woman in human history.

However, as the process continues to unfold, many have started wondering if things may have ended up differently for Bezos if he turned to Bitcoin for help.

Bitcoin as a divorce tool?

In the last several years — since Bitcoin and other cryptos hit fame — many have started turning to BTC during their divorce proceedings. In fact, it can even be said that using the largest cryptocurrency in this way has become a new trend. The trend has been gaining so much strength that numerous law companies started including advice on what to do in regards to Bitcoin as part of their websites.

However, while the trend has been picking up in recent years, it is nowhere near as easy as it might seem. For example, if there is even a suspicion of a spouse having undisclosed holdings appears during the divorce process, it might be enough to impact the final decision of the judge. In other words, even if there is a complete lack of evidence, but…

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