1 BTC to USD (Bitcoin to Dollar) - BitcoinsPrice

Putting $400M of Bitcoin on your company balance sheet

Also posted on my blog as usual. Read it there if you can, there are footnotes and inlined plots.
A couple of months ago, MicroStrategy (MSTR) had a spare $400M of cash which it decided to shift to Bitcoin (BTC).
Today we'll discuss in excrutiating detail why this is not a good idea.
When a company has a pile of spare money it doesn't know what to do with, it'll normally do buybacks or start paying dividends. That gives the money back to the shareholders, and from an economic perspective the money can get better invested in other more promising companies. If you have a huge pile of of cash, you probably should be doing other things than leave it in a bank account to gather dust.
However, this statement from MicroStrategy CEO Michael Saylor exists to make it clear he's buying into BTC for all the wrong reasons:
“This is not a speculation, nor is it a hedge. This was a deliberate corporate strategy to adopt a bitcoin standard.”
Let's unpack it and jump into the economics Bitcoin:

Is Bitcoin money?

No.
Or rather BTC doesn't act as money and there's no serious future path for BTC to become a form of money. Let's go back to basics. There are 3 main economic problems money solves:
1. Medium of Exchange. Before money we had to barter, which led to the double coincidence of wants problem. When everyone accepts the same money you can buy something from someone even if they don't like the stuff you own.
As a medium of exchange, BTC is not good. There are significant transaction fees and transaction waiting times built-in to BTC and these worsen the more popular BTC get.
You can test BTC's usefulness as a medium of exchange for yourself right now: try to order a pizza or to buy a random item with BTC. How many additional hurdles do you have to go through? How many fewer options do you have than if you used a regular currency? How much overhead (time, fees) is there?
2. Unit of Account. A unit of account is what you compare the value of objects against. We denominate BTC in terms of how many USD they're worth, so BTC is a unit of account presently. We can say it's because of lack of adoption, but really it's also because the market value of BTC is so volatile.
If I buy a $1000 table today or in 2017, it's roughly a $1000 table. We can't say that a 0.4BTC table was a 0.4BTC table in 2017. We'll expand on this in the next point:
3. Store of Value. When you create economic value, you don't want to be forced to use up the value you created right away.
For instance, if I fix your washing machine and you pay me in avocados, I'd be annoyed. I'd have to consume my payment before it becomes brown, squishy and disgusting. Avocado fruit is not good money because avocadoes loses value very fast.
On the other hand, well-run currencies like the USD, GBP, CAD, EUR, etc. all lose their value at a low and most importantly fairly predictible rate. Let's look at the chart of the USD against BTC
While the dollar loses value at a predictible rate, BTC is all over the place, which is bad.
One important use money is to write loan contracts. Loans are great. They let people spend now against their future potential earnings, so they can buy houses or start businesses without first saving up for a decade. Loans are good for the economy.
If you want to sign something that says "I owe you this much for that much time" then you need to be able to roughly predict the value of the debt in at the point in time where it's due.
Otherwise you'll have a hard time pricing the risk of the loan effectively. This means that you need to charge higher interests. The risk of making a loan in BTC needs to be priced into the interest of a BTC-denominated loan, which means much higher interest rates. High interests on loans are bad, because buying houses and starting businesses are good things.

BTC has a fixed supply, so these problems are built in

Some people think that going back to a standard where our money was denominated by a stock of gold (the Gold Standard) would solve economic problems. This is nonsense.
Having control over supply of your currency is a good thing, as long as it's well run.
See here
Remember that what is desirable is low variance in the value, not the value itself. When there are wild fluctuations in value, it's hard for money to do its job well.
Since the 1970s, the USD has been a fiat money with no intrinsic value. This means we control the supply of money.
Let's look at a classic poorly drawn econ101 graph
The market price for USD is where supply meets demand. The problem with a currency based on an item whose supply is fixed is that the price will necessarily fluctuate in response to changes in demand.
Imagine, if you will, that a pandemic strikes and that the demand for currency takes a sharp drop. The US imports less, people don't buy anything anymore, etc. If you can't print money, you get deflation, which is worsens everything. On the other hand, if you can make the money printers go brrrr you can stabilize the price
Having your currency be based on a fixed supply isn't just bad because in/deflation is hard to control.
It's also a national security risk...
The story of the guy who crashed gold prices in North Africa
In the 1200s, Mansa Munsa, the emperor of the Mali, was rich and a devout Muslim and wanted everyone to know it. So he embarked on a pilgrimage to make it rain all the way to Mecca.
He in fact made it rain so hard he increased the overall supply of gold and unintentionally crashed gold prices in Cairo by 20%, wreaking an economic havoc in North Africa that lasted a decade.
This story is fun, the larger point that having your inflation be at the mercy of foreign nations is an undesirable attribute in any currency. The US likes to call some countries currency manipulators, but this problem would be serious under a gold standard.

Currencies are based on trust

Since the USD is based on nothing except the US government's word, how can we trust USD not to be mismanaged?
The answer is that you can probably trust the fed until political stooges get put in place. Currently, the US's central bank managing the USD, the Federal Reserve (the Fed for friends & family), has administrative authority. The fed can say "no" to dumb requests from the president.
People who have no idea what the fed does like to chant "audit the fed", but the fed is already one of the best audited US federal entities. The transcripts of all their meetings are out in the open. As is their balance sheet, what they plan to do and why. If the US should audit anything it's the Department of Defense which operates without any accounting at all.
It's easy to see when a central bank will go rogue: it's when political yes-men are elected to the board.
For example, before printing themselves into hyperinflation, the Venezuelan president appointed a sociologist who publicly stated “Inflation does not exist in real life” and instead is a made up capitalist lie. Note what happened mere months after his gaining control over the Venezuelan currency
This is a key policy. One paper I really like, Sargent (1984) "The end of 4 big inflations" states:
The essential measures that ended hyperinflation in each of Germany,Austria, Hungary, and Poland were, first, the creation of an independentcentral bank that was legally committed to refuse the government'sdemand or additional unsecured credit and, second, a simultaneousalteration in the fiscal policy regime.
In english: *hyperinflation stops when the central bank can say "no" to the government."
The US Fed, like other well good central banks, is run by a bunch of nerds. When it prints money, even as aggressively as it has it does so for good reasons. You can see why they started printing on March 15th as the COVID lockdowns started:
The Federal Reserve is prepared to use its full range of tools to support the flow of credit to households and businesses and thereby promote its maximum employment and price stability goals.
In english: We're going to keep printing and lowering rates until jobs are back and inflation is under control. If we print until the sun is blotted out, we'll print in the shade.

BTC is not gold

Gold is a good asset for doomsday-preppers. If society crashes, gold will still have value.
How do we know that?
Gold has held value throughout multiple historic catastrophes over thousands of years. It had value before and after the Bronze Age Collapse, the Fall of the Western Roman Empire and Gengis Khan being Gengis Khan.
Even if you erased humanity and started over, the new humans would still find gold to be economically valuable. When Europeans d̶i̶s̶c̶o̶v̶e̶r̶e̶d̶ c̶o̶n̶q̶u̶e̶r̶e̶d̶ g̶e̶n̶o̶c̶i̶d̶e̶d̶ went to America, they found gold to be an important item over there too. This is about equivalent to finding humans on Alpha-Centauri and learning that they think gold is a good store of value as well.
Some people are puzzled at this: we don't even use gold for much! But it has great properties:
First, gold is hard to fake and impossible to manufacture. This makes it good to ascertain payment.
Second, gold doesnt react to oxygen, so it doesn't rust or tarnish. So it keeps value over time unlike most other materials.
Last, gold is pretty. This might sound frivolous, and you may not like it, but jewelry has actual value to humans.
It's no coincidence if you look at a list of the wealthiest families, a large number of them trade in luxury goods.
To paraphrase Veblen humans have a profound desire to signal social status, for the same reason peacocks have unwieldy tails. Gold is a great way to achieve that.
On the other hand, BTC lacks all these attributes. Its value is largely based on common perception of value. There are a few fundamental drivers of demand:
Apart from these, it's hard to argue that BTC will retain value throughout some sort of economic catastrophe.

BTC is really risky

One last statement from Michael Saylor I take offense to is this:
“We feel pretty confident that Bitcoin is less risky than holding cash, less risky than holding gold,” MicroStrategy CEO said in an interview
"BTC is less risky than holding cash or gold long term" is nonsense. We saw before that BTC is more volatile on face value, and that as long as the Fed isn't run by spider monkeys stacked in a trench coat, the inflation is likely to be within reasonable bounds.
But on top of this, BTC has Abrupt downside risks that normal currencies don't. Let's imagine a few:

Blockchain solutions are fundamentally inefficient

Blockchain was a genius idea. I still marvel at the initial white paper which is a great mix of economics and computer science.
That said, blockchain solutions make large tradeoffs in design because they assume almost no trust between parties. This leads to intentionally wasteful designs on a massive scale.
The main problem is that all transactions have to be validated by expensive computational operations and double checked by multiple parties. This means waste:
Many design problems can be mitigated by various improvements over BTC, but it remains that a simple database always works better than a blockchain if you can trust the parties to the transaction.
submitted by VodkaHaze to badeconomics [link] [comments]

Bob The Magic Custodian



Summary: Everyone knows that when you give your assets to someone else, they always keep them safe. If this is true for individuals, it is certainly true for businesses.
Custodians always tell the truth and manage funds properly. They won't have any interest in taking the assets as an exchange operator would. Auditors tell the truth and can't be misled. That's because organizations that are regulated are incapable of lying and don't make mistakes.

First, some background. Here is a summary of how custodians make us more secure:

Previously, we might give Alice our crypto assets to hold. There were risks:

But "no worries", Alice has a custodian named Bob. Bob is dressed in a nice suit. He knows some politicians. And he drives a Porsche. "So you have nothing to worry about!". And look at all the benefits we get:
See - all problems are solved! All we have to worry about now is:
It's pretty simple. Before we had to trust Alice. Now we only have to trust Alice, Bob, and all the ways in which they communicate. Just think of how much more secure we are!

"On top of that", Bob assures us, "we're using a special wallet structure". Bob shows Alice a diagram. "We've broken the balance up and store it in lots of smaller wallets. That way", he assures her, "a thief can't take it all at once". And he points to a historic case where a large sum was taken "because it was stored in a single wallet... how stupid".
"Very early on, we used to have all the crypto in one wallet", he said, "and then one Christmas a hacker came and took it all. We call him the Grinch. Now we individually wrap each crypto and stick it under a binary search tree. The Grinch has never been back since."

"As well", Bob continues, "even if someone were to get in, we've got insurance. It covers all thefts and even coercion, collusion, and misplaced keys - only subject to the policy terms and conditions." And with that, he pulls out a phone-book sized contract and slams it on the desk with a thud. "Yep", he continues, "we're paying top dollar for one of the best policies in the country!"
"Can I read it?' Alice asks. "Sure," Bob says, "just as soon as our legal team is done with it. They're almost through the first chapter." He pauses, then continues. "And can you believe that sales guy Mike? He has the same year Porsche as me. I mean, what are the odds?"

"Do you use multi-sig?", Alice asks. "Absolutely!" Bob replies. "All our engineers are fully trained in multi-sig. Whenever we want to set up a new wallet, we generate 2 separate keys in an air-gapped process and store them in this proprietary system here. Look, it even requires the biometric signature from one of our team members to initiate any withdrawal." He demonstrates by pressing his thumb into the display. "We use a third-party cloud validation API to match the thumbprint and authorize each withdrawal. The keys are also backed up daily to an off-site third-party."
"Wow that's really impressive," Alice says, "but what if we need access for a withdrawal outside of office hours?" "Well that's no issue", Bob says, "just send us an email, call, or text message and we always have someone on staff to help out. Just another part of our strong commitment to all our customers!"

"What about Proof of Reserve?", Alice asks. "Of course", Bob replies, "though rather than publish any blockchain addresses or signed transaction, for privacy we just do a SHA256 refactoring of the inverse hash modulus for each UTXO nonce and combine the smart contract coefficient consensus in our hyperledger lightning node. But it's really simple to use." He pushes a button and a large green checkmark appears on a screen. "See - the algorithm ran through and reserves are proven."
"Wow", Alice says, "you really know your stuff! And that is easy to use! What about fiat balances?" "Yeah, we have an auditor too", Bob replies, "Been using him for a long time so we have quite a strong relationship going! We have special books we give him every year and he's very efficient! Checks the fiat, crypto, and everything all at once!"

"We used to have a nice offline multi-sig setup we've been using without issue for the past 5 years, but I think we'll move all our funds over to your facility," Alice says. "Awesome", Bob replies, "Thanks so much! This is perfect timing too - my Porsche got a dent on it this morning. We have the paperwork right over here." "Great!", Alice replies.
And with that, Alice gets out her pen and Bob gets the contract. "Don't worry", he says, "you can take your crypto-assets back anytime you like - just subject to our cancellation policy. Our annual management fees are also super low and we don't adjust them often".

How many holes have to exist for your funds to get stolen?
Just one.

Why are we taking a powerful offline multi-sig setup, widely used globally in hundreds of different/lacking regulatory environments with 0 breaches to date, and circumventing it by a demonstrably weak third party layer? And paying a great expense to do so?
If you go through the list of breaches in the past 2 years to highly credible organizations, you go through the list of major corporate frauds (only the ones we know about), you go through the list of all the times platforms have lost funds, you go through the list of times and ways that people have lost their crypto from identity theft, hot wallet exploits, extortion, etc... and then you go through this custodian with a fine-tooth comb and truly believe they have value to add far beyond what you could, sticking your funds in a wallet (or set of wallets) they control exclusively is the absolute worst possible way to take advantage of that security.

The best way to add security for crypto-assets is to make a stronger multi-sig. With one custodian, what you are doing is giving them your cryptocurrency and hoping they're honest, competent, and flawlessly secure. It's no different than storing it on a really secure exchange. Maybe the insurance will cover you. Didn't work for Bitpay in 2015. Didn't work for Yapizon in 2017. Insurance has never paid a claim in the entire history of cryptocurrency. But maybe you'll get lucky. Maybe your exact scenario will buck the trend and be what they're willing to cover. After the large deductible and hopefully without a long and expensive court battle.

And you want to advertise this increase in risk, the lapse of judgement, an accident waiting to happen, as though it's some kind of benefit to customers ("Free institutional-grade storage for your digital assets.")? And then some people are writing to the OSC that custodians should be mandatory for all funds on every exchange platform? That this somehow will make Canadians as a whole more secure or better protected compared with standard air-gapped multi-sig? On what planet?

Most of the problems in Canada stemmed from one thing - a lack of transparency. If Canadians had known what a joke Quadriga was - it wouldn't have grown to lose $400m from hard-working Canadians from coast to coast to coast. And Gerald Cotten would be in jail, not wherever he is now (at best, rotting peacefully). EZ-BTC and mister Dave Smilie would have been a tiny little scam to his friends, not a multi-million dollar fraud. Einstein would have got their act together or been shut down BEFORE losing millions and millions more in people's funds generously donated to criminals. MapleChange wouldn't have even been a thing. And maybe we'd know a little more about CoinTradeNewNote - like how much was lost in there. Almost all of the major losses with cryptocurrency exchanges involve deception with unbacked funds.
So it's great to see transparency reports from BitBuy and ShakePay where someone independently verified the backing. The only thing we don't have is:
It's not complicated to validate cryptocurrency assets. They need to exist, they need to be spendable, and they need to cover the total balances. There are plenty of credible people and firms across the country that have the capacity to reasonably perform this validation. Having more frequent checks by different, independent, parties who publish transparent reports is far more valuable than an annual check by a single "more credible/official" party who does the exact same basic checks and may or may not publish anything. Here's an example set of requirements that could be mandated:
There are ways to structure audits such that neither crypto assets nor customer information are ever put at risk, and both can still be properly validated and publicly verifiable. There are also ways to structure audits such that they are completely reasonable for small platforms and don't inhibit innovation in any way. By making the process as reasonable as possible, we can completely eliminate any reason/excuse that an honest platform would have for not being audited. That is arguable far more important than any incremental improvement we might get from mandating "the best of the best" accountants. Right now we have nothing mandated and tons of Canadians using offshore exchanges with no oversight whatsoever.

Transparency does not prove crypto assets are safe. CoinTradeNewNote, Flexcoin ($600k), and Canadian Bitcoins ($100k) are examples where crypto-assets were breached from platforms in Canada. All of them were online wallets and used no multi-sig as far as any records show. This is consistent with what we see globally - air-gapped multi-sig wallets have an impeccable record, while other schemes tend to suffer breach after breach. We don't actually know how much CoinTrader lost because there was no visibility. Rather than publishing details of what happened, the co-founder of CoinTrader silently moved on to found another platform - the "most trusted way to buy and sell crypto" - a site that has no information whatsoever (that I could find) on the storage practices and a FAQ advising that “[t]rading cryptocurrency is completely safe” and that having your own wallet is “entirely up to you! You can certainly keep cryptocurrency, or fiat, or both, on the app.” Doesn't sound like much was learned here, which is really sad to see.
It's not that complicated or unreasonable to set up a proper hardware wallet. Multi-sig can be learned in a single course. Something the equivalent complexity of a driver's license test could prevent all the cold storage exploits we've seen to date - even globally. Platform operators have a key advantage in detecting and preventing fraud - they know their customers far better than any custodian ever would. The best job that custodians can do is to find high integrity individuals and train them to form even better wallet signatories. Rather than mandating that all platforms expose themselves to arbitrary third party risks, regulations should center around ensuring that all signatories are background-checked, properly trained, and using proper procedures. We also need to make sure that signatories are empowered with rights and responsibilities to reject and report fraud. They need to know that they can safely challenge and delay a transaction - even if it turns out they made a mistake. We need to have an environment where mistakes are brought to the surface and dealt with. Not one where firms and people feel the need to hide what happened. In addition to a knowledge-based test, an auditor can privately interview each signatory to make sure they're not in coercive situations, and we should make sure they can freely and anonymously report any issues without threat of retaliation.
A proper multi-sig has each signature held by a separate person and is governed by policies and mutual decisions instead of a hierarchy. It includes at least one redundant signature. For best results, 3of4, 3of5, 3of6, 4of5, 4of6, 4of7, 5of6, or 5of7.

History has demonstrated over and over again the risk of hot wallets even to highly credible organizations. Nonetheless, many platforms have hot wallets for convenience. While such losses are generally compensated by platforms without issue (for example Poloniex, Bitstamp, Bitfinex, Gatecoin, Coincheck, Bithumb, Zaif, CoinBene, Binance, Bitrue, Bitpoint, Upbit, VinDAX, and now KuCoin), the public tends to focus more on cases that didn't end well. Regardless of what systems are employed, there is always some level of risk. For that reason, most members of the public would prefer to see third party insurance.
Rather than trying to convince third party profit-seekers to provide comprehensive insurance and then relying on an expensive and slow legal system to enforce against whatever legal loopholes they manage to find each and every time something goes wrong, insurance could be run through multiple exchange operators and regulators, with the shared interest of having a reputable industry, keeping costs down, and taking care of Canadians. For example, a 4 of 7 multi-sig insurance fund held between 5 independent exchange operators and 2 regulatory bodies. All Canadian exchanges could pay premiums at a set rate based on their needed coverage, with a higher price paid for hot wallet coverage (anything not an air-gapped multi-sig cold wallet). Such a model would be much cheaper to manage, offer better coverage, and be much more reliable to payout when needed. The kind of coverage you could have under this model is unheard of. You could even create something like the CDIC to protect Canadians who get their trading accounts hacked if they can sufficiently prove the loss is legitimate. In cases of fraud, gross negligence, or insolvency, the fund can be used to pay affected users directly (utilizing the last transparent balance report in the worst case), something which private insurance would never touch. While it's recommended to have official policies for coverage, a model where members vote would fully cover edge cases. (Could be similar to the Supreme Court where justices vote based on case law.)
Such a model could fully protect all Canadians across all platforms. You can have a fiat coverage governed by legal agreements, and crypto-asset coverage governed by both multi-sig and legal agreements. It could be practical, affordable, and inclusive.

Now, we are at a crossroads. We can happily give up our freedom, our innovation, and our money. We can pay hefty expenses to auditors, lawyers, and regulators year after year (and make no mistake - this cost will grow to many millions or even billions as the industry grows - and it will be borne by all Canadians on every platform because platforms are not going to eat up these costs at a loss). We can make it nearly impossible for any new platform to enter the marketplace, forcing Canadians to use the same stagnant platforms year after year. We can centralize and consolidate the entire industry into 2 or 3 big players and have everyone else fail (possibly to heavy losses of users of those platforms). And when a flawed security model doesn't work and gets breached, we can make it even more complicated with even more people in suits making big money doing the job that blockchain was supposed to do in the first place. We can build a system which is so intertwined and dependent on big government, traditional finance, and central bankers that it's future depends entirely on that of the fiat system, of fractional banking, and of government bail-outs. If we choose this path, as history has shown us over and over again, we can not go back, save for revolution. Our children and grandchildren will still be paying the consequences of what we decided today.
Or, we can find solutions that work. We can maintain an open and innovative environment while making the adjustments we need to make to fully protect Canadian investors and cryptocurrency users, giving easy and affordable access to cryptocurrency for all Canadians on the platform of their choice, and creating an environment in which entrepreneurs and problem solvers can bring those solutions forward easily. None of the above precludes innovation in any way, or adds any unreasonable cost - and these three policies would demonstrably eliminate or resolve all 109 historic cases as studied here - that's every single case researched so far going back to 2011. It includes every loss that was studied so far not just in Canada but globally as well.
Unfortunately, finding answers is the least challenging part. Far more challenging is to get platform operators and regulators to agree on anything. My last post got no response whatsoever, and while the OSC has told me they're happy for industry feedback, I believe my opinion alone is fairly meaningless. This takes the whole community working together to solve. So please let me know your thoughts. Please take the time to upvote and share this with people. Please - let's get this solved and not leave it up to other people to do.

Facts/background/sources (skip if you like):



Thoughts?
submitted by azoundria2 to QuadrigaInitiative [link] [comments]

How To Use The Bitcoin Calculator App

How To Use The Bitcoin Calculator App

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Visit us at https://bitcoincalculator.org
Use this bitcoin calculator to find out exactly how much your bitcoin is worth in any of the supported global currencies, using accurate, up-to-date exchange rates.
Get real-time and historical trends in the BTC value for your selected currency and easily perform any of the following currency conversions:

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Sign up to any of our recommended bitcoin exchanges to start buying and selling BTC today.
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submitted by seoexpertdipum0 to u/seoexpertdipum0 [link] [comments]

Is PrimeXBT Safe for Canadian Traders?

Is PrimeXBT Safe for Canadian Traders?
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With the dramatic increase in the number of traders and investors in Canada that are using PrimeXBT, one question has been asked recently more than others which is whether PrimeXBT is safe for Canadian traders.
The number of Canadian users at PrimeXBT has been growing rapidly throughout 2020 as a sign that the tools and features on the platform are opening up new opportunities for interacting in the market in more optimal ways.
This guide covers whether or not PrimeXBT is safe for Canadian traders, and looks at some of the features and tools of the platform.
The Canadian Market in 2020
Like much of the rest of the world, the Canadian market has seen some of the highest levels of all volatility in 2020 that have been seen in many years, or even at all throughout the history of cryptocurrency.
The Canadian market has seen renewed growth following the contractions throughout 2018 and much of 2019 when the global bear market in the cryptocurrency space drove many retail investors back out of the market after the exponential growth of 2017.
This has led many Canadian traders to wonder whether we are on the brink of another major bull run as was seen both in 2017 as well as 2013, and that would potentially see the price of Bitcoin driven up to the range of $50,000 or more.
The Exponential Growth of PrimeXBT
With the backdrop of the excitement within the global cryptocurrency market in general, and the Canadian cryptocurrency market more specifically, PrimeXBT has been perfectly positioned for exponential growth since its launch in early 2018.
The platform initially launched at the start of 2018 with a waiting list of more than 150,000 traders, and this showed the interest in the platform that was present even before it came onto the market.
As a result of the unique tools and features provided by PrimeXBT, it has grown exponentially over the past few years to become the world’s leading multi-asset margin trading platform and today managing up to $2 billion worth of global trade every day.
What is PrimeXBT?

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PrimeXBT is a margin trading-centric platform that provides high leverage trading on a wide range of cryptoassets as well as many of the world’s leading traditional assets.
Traders at PrimeXBT are able to access up to 100X leverage on a wide range of cryptoassets that include BTC, ETH, XRP, LTC, and EOS.
This is whilst also being able to access up to 500X leverage on a range of traditional assets like stock indices such as the S&P500 and FTSE100, forex pairs such as USD/EUR and AUD/CAD, and commodities such as gold and oil.
PrimeXBT: Security Features
From a security perspective, PrimeXBT is one of the leading trading platforms in the crypto market, and has built a strong reputation for being a safe and reliable platform to trade on.
Much of this is as a result of the bank-grade security features that are implemented throughout PrimeXBT that include mandatory Bitcoin address whitelisting and hardware security modules with rating of FIPS PUB 140-2 Level 3 or higher.
By working to add advanced security solutions throughout its platform, PrimeXBT has shown a strong commitment to protecting the funds and data of its users.
PrimeXBT: Security Track Record
While there are many other platforms in the cryptocurrency space that have suffered devastating hacks over the past 2 or 3 years, PrimeXBT is one of a small number of top tier platforms that have remained hack-free throughout this period.
A good example of this is the Binance hack in 2019 that saw the platform lose more than $40 million of its users’ funds, and more recently the KuCoin hack where more than $150 million was lost by that platform.
In contrast, PrimeXBT has never been hacked and has never been breached by hackers and as such remains as one of the most trusted platforms in the market, having a clean security track record.
PrimeXBT: Excellent Customer Support
In 2019, a study of the top 5 crypto margin trading platforms found that PrimeXBT has the best customer service of all 5, and also was the only platform out of the 5 to have full marks for all for metrics.
These metrics were politeness, responsiveness, helpfulness, and the range of different communication channels that were available to users.
By having an excellent customer support structure, PrimeXBT has ensured that its users are able to get fast and easy solutions to the problems and that there is always a direct line of communication open with the admin at the platform to be able to effectively deal with any issues that arise.
Other Advantages of Using PrimeXBT
PrimeXBT also provides a number of other advantages that are unique to the platform including providing the lowest fee schedule of any major cryptocurrency trading platform in the market with a low flat rate of 0.05% applied to all trades, irrespective of the size of a trade or the asset being traded.
As well as this, PrimeXBT’s users can enjoy a robust trading engine that is built into the core of the PrimeXBT platform and that can execute up to 12,000 trades per second with an average trade time of less than 7.02 ms.
PrimeXBT also has a unique 4-tier referral program where the traders can generate revenue streams from direct referrals, as well as indirect referrals up to 4 levels deep, with this dramatically increasing the profitability of affiliate activities, and netting the top 3 affiliates on the platform more than $1 million in 2019.
In Summary
PrimeXBT is a safe and well-reputed trading platform for Canadian traders and this is the reason for its exponential growth of users and volume within Canada over the past months.
As well as being a safe platform to trade at, PrimeXBT also provides a range of unique tools and features to use in order to maximize profitability in the cryptocurrency and traditional asset markets.
To understand more about the security features on PrimeXBT that have protected its users, check out PrimeXBT’s Security page.
submitted by benebit to CryptocurrencyICO [link] [comments]

How Does PrimeXBT Help Traders Generate Profits In Ways That Other Platforms Don’t?

How Does PrimeXBT Help Traders Generate Profits In Ways That Other Platforms Don’t?

https://preview.redd.it/1uo03d0395n51.png?width=1000&format=png&auto=webp&s=47a8c8fc6a5f0029d7c648ef246aaceb0b032172

PrimeXBT is one of the true success stories of the cryptocurrency industry, having launched only 3 years ago and today growing to become the largest multi-asset margin trading platform on the market.
The exponential growth of PrimeXBT to the point it’s at today has been largely as a result of providing opportunities to generate profit which other trading platforms have not.
Let’s take a look at the innovative ways that PrimeXBT has provided advanced tools and features for its users, and the impact it’s had on its growth in the market.
What’s Different About 2020?
For much of the last 10 years of the life of cryptocurrency, trading platforms have faced limited competition and could largely dominate the market without much innovation being built into their systems.
Throughout 2016 and 2017 there was a huge growth in the number of traders in the market, and this had a knock-on effect where the additional trading revenue that was available led to a huge influx of new trading platforms establishing themselves as well.
This influx of competition has meant that only trading platforms that innovate are able to compete and secure a substantial amount of market share in the cryptocurrency space.
PrimeXBT - The World’s Leading Multi-Asset Margin Trading Platform
PrimeXBT has incorporated innovation into the fabric of its trading platform, with it being the first major cryptocurrency trading platform to focus solely on margin trading in the crypto space, and this in turn leading to a strong demand for its services.
Over a relatively short period of time of 2 or 3 years, PrimeXBT has continually grown at an exponential rate as it has integrated more services providing greater value for traders.
Today PrimeXBT has become the world's leading multi-asset margin trading platform, listing a wide range of cryptocurrencies and traditional assets and managing up to $2billion worth of global trade every day.
Wider Variety of Assets to Choose From
Unlike other platforms which focus only on cryptocurrencies, PrimeXBT lists a wide range of cryptoassets including BTC, ETH, XRP, LTC, and EOS, as well as a wide range of traditional assets like stock indices such as S&P500 and FTSE100, commodities such as gold and oil, and forex pairs such as USD/EUR and AUD/CAD.
Coupled with this has been PrimeXBT’s continual push to integrate new assets into its platform and over the course of the last few years has increased number of listed assets by more than 50%
One of the most attractive reasons that traders have traded at PrimeXBT is the ability to use it as an efficient and seamless bridge between cryptocurrency space and the traditional asset market.
Industry-Leading Margin Trading and high Leverage
At its core, PrimeXBT is a margin-trading-centric platform that recognized the demand for advanced margin trading for features within the cryptocurrency market and built its services around that.
Traders at PrimeXBT enjoy industry-leading leverage of up to 100X on a range of cryptocurrencies and up to 500X on a range of traditional assets, with this being significantly higher than in any other major platform in the market today.
At a point in time when almost no other major cryptocurrency trading platforms provided margin trading, PrimeXBT was the first platform to build it into its systems in any kind of significant way, and as such has built a large and loyal following throughout the market.
Secure Trading for Users
PrimeXBT has also always focused on providing a secure environment for traders, with the platform having a better security track record than a majority of others in the industry.
PrimeXBT incorporates a wide range of bank-grade security features into its services such as mandatory Bitcoin address whitelisting and cold storage of digital assets with multisignature technology.
This has ensured that PrimeXBT has never been hacked and has not been breached by hackers, with the funds of its users remaining safe throughout this time of operation.
In Summary
PrimeXBT provides a unique trading environment for its users, with a wide range of different features and unique and powerful ways to generate profit in the cryptocurrency market.
The innovation that has been built into PrimeXBT has been one of its major draw cards and it’s unique selling point for the past 2 or 3 years.
To learn more about PrimeXBT and the tools and features available on the platform, check out this link.
submitted by benebit to CryptocurrencyICO [link] [comments]

Madbyte News - August 1, 2020

One Bitcoin, as of the writing of this newsletter, is worth over $11,000 USD. It is only the second time in history that it has closed the month over that. This past month also saw a surge in the value of several altcoins. The news of Cardano (ADA) releasing a hard fork has caused it to push to new YTD highs. The large amounts of money going into DeFi (decentralized finance), mainly being built on the Ethereum blockchain, are in turn giving high returns to related tokens. ETH (Ethereum's gas) itself has gone up in value by about 25-30% in July. Since this bullish upward swing has started, many in the crypto community have turned bullish. How will August fare?
Madbyte token, MADX, is now available on the Saturn Exchange. It is a DEX (decentralized exchange). Visit https://www.saturn.network/exchange/ETH/order-book/madx or you can access the same DEX with MADX/ETH pairing via our own domain: https://madcap.exchange/.
Our trading area called MadTrade, in the MadcapX.com members platform, will now be open to all tiers to use. The buy and sell order expiry times have been extended for all tiers. If you are looking for a more traditional exchange than a DEX or what our platform offers, try https://tradecoinx.com.
All MadcapX members are now able to buy BTC and other cryptos directly using fiat money such as USD, EURO, or CAD. The BTC purchase defaults directly to your MadVault wallet though you can change the address and have the Bitcoin sent to any BTC wallet address. The transactions are secure and are handled by Transak.
New to Madbyte? Signup on MadcapX.com, login and go to your profile to add some more info to your profile. When you save, you will get 1 MADX token as a new user, which automatically makes you a tier-one level member. You are now able to use our trading platform to buy more MADX and move to a higher tier level.
All the best, Madbyte Team Madbyte.com
submitted by cryptocronix to madbyte [link] [comments]

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submitted by freespinsmobile to u/freespinsmobile [link] [comments]

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submitted by netentcasino to u/netentcasino [link] [comments]

$1700 deposit not received on coinberry

I deposited $1700 worth of etherium using a smart contract onto coinberry and have not received my money, it’s been 6 days. I also deposited 3200 cad worth of bitcoin when bitcoin was priced at 9300 USD and received a 2700 cad e-transfer when bitcoins price stayed at 9200-9300. No clue where that 500 went please respond to my emails support.
submitted by vibeBC to Coinberry [link] [comments]

PSA: Predatory brokerage check

Wait for a high volume day or a day with a major price movement.
  1. Go online and look at several of the larger exchanges, observe the market price. You can go to CMC and see which exchanges do the most volume.
  2. Open your app to your brokerage account (if they are only offering to buy or sell you bitcoin at prices they specify, they are likely a brokerage, not an exchange). See what price they offer to sell you bitcoin at.
  3. Compare the options, including all fees and price considerations.
If a brokerage is charging substantially more than what is available on the open market (as I have seen in my experience), one could say that they are preying on newbs who fomo on big price swing days.
*I'm saying this kind of in jest, relating to yesterday's post about "predatory exchanges". There is room for many players, but to say that an exchange that charges a trading fee uses a broken business model is kind of laughable considering the transaction volume levels between an organization like kraken (~64 billions USD worth) vs shakepay (~150 million CAD worth).
submitted by Canwerevolt to BitcoinCA [link] [comments]

Removed comments/submissions for /u/OverLeveraged14

Hi OverLeveraged14, you're not shadowbanned, but 97 of your most recent 105 comments/submissions were removed (either automatically or by human moderators).

Comments:

ft8ds4z in CryptoCurrency on 07 Jun 20 (1pts):
bitcoin relies 100% on confirmation bias. everyone yells ''its amazing'' because they're financially biased, but they dont actually believe it. they just hope someone will pump their bags. to me the...
frm76ad in Crypto_com on 24 May 20 (1pts):
simply put, they dont support canadian banking and canadian dollars. at least yet. might change when they add debit card for canada since i would assume that will be denominated in CAD but i could...
frkvb1u in CryptoCurrency on 23 May 20 (1pts):
eth has a 5x premium on greyscale, i just dont understand how anyone can accept that lol. https://i.imgur.com/eeXlo9H.png
frkloxd in Crypto_com on 23 May 20 (1pts):
keep calm and eat jellybeans.
frkiibm in CryptoCurrency on 23 May 20 (1pts):
bitcoin answer to this is ''but store of value bruhh''
frkfuy6 in Crypto_com on 23 May 20 (1pts):
you can use it to go 1.5x leverage. loan 5k, buy btc, btc goes up, sell 5k worth and keep the difference. free real estate bruh! just kidding, leverage is dangerous :)
frk8jee in CryptoCurrency on 23 May 20 (1pts):
Zcoin, its an establish coin that's been around for a while, has some interesting stuff happening this year but mainly just looking at the chart is enough for me to take the risk. bought a...
frk6eir in CryptoCurrency on 23 May 20 (1pts):
beware of POS coins in general. it doesnt matter if you make 100% if the coin goes down 90%, you still lose 80% of your money. its fine to prefer pos over pow if you dont care about the security as...
frk5z26 in CryptoCurrency on 23 May 20 (1pts):
im sure Kenyans love paying half their wealth in fees.
frk5mht in CryptoCurrency on 23 May 20 (1pts):
fwiw, there's a loser on each side of a trade.
frk5hn6 in CryptoCurrency on 23 May 20 (1pts):
here's a little tip, if a coin has a sub coin to pay fees, its garbage.
frk5cdn in CryptoCurrency on 23 May 20 (1pts):
haaa yes, the indicators that rewrite themselves to make it look like they called the shots
frk4pia in CryptoCurrency on 23 May 20 (1pts):
i like cryptowatch. has standard list but also has charts and a few other useful views like this. https://cryptowat.ch/cards/assets also has a bunch of other...
frk2zzv in CryptoCurrency on 23 May 20 (1pts):
i cant wait for 1000sat/byte as a standard when btc hits 100k$! its gon be great! i really dont care if 90% of my paycheck vanishes in a transaction fee cause ill hodl till i die! i already threw...
frjwzk9 in CryptoCurrency on 23 May 20 (1pts):
well, at least he's not shilling a scam this time i guess?
frjvori in CryptoCurrency on 23 May 20 (1pts):
people didnt expect that kind of bull run in 2016, at least no that i remember. there was some hype early on in 2017, specially because of ETH, i still cant tel wheter or not btc rode on eth's...
frjt8r7 in CryptoCurrency on 23 May 20 (1pts):
eth by far. bitcoin is racing towards a dead end and everyone knows it but choose to ignore it and scream moon all day long. its sad but true bitcoin cant sustain anymore growth and there's no plan...
frjr53k in technology on 23 May 20 (1pts):
how about let it fucking sink so it can be bought for a penny on the dollar? only thing this system is doing is promoting irresponsible business management because ''why take precautions or innovate...
frjq6q8 in technology on 23 May 20 (1pts):
the best way to make you gmail inbox safer is to use protonmail instead haha.
frjg2ez in CryptoCurrency on 23 May 20 (1pts):
i can attest to this. i did a piece that shows how 4mb block would HELP bitcoin adoption AND decentralization and was banned for promoting BCH, which i havent talked about once in all of my...
frjfwao in CryptoCurrency on 23 May 20 (1pts):
no, its means goldman needs a conference call to tel investors not to buy bitcoin.
frjfehq in CryptoCurrency on 23 May 20 (1pts):
proof of funds is the scummiest bullshit ever created. allows institutions to literally steal money from legitimate users who cant provide a proof. its easy for freshly earned money now that we know...
frjbtml in CryptoCurrency on 23 May 20 (1pts):
it doesnt really matter how much the fed prints, because it wont leave the fed without someone taking the loans, and nobody wants a loan right now. theses funds mainly exist in order to prevent the...
frgj543 in politics on 22 May 20 (1pts):
why? its not like he has issues routing a billion dollars of public funds over to Ukraine.
frggmty in CryptoCurrency on 22 May 20 (1pts):
''in a nutshell'' dont hang out in bitcoin or btc, bitcoin has gestapo mods and btc is salt all day long.
frfp692 in WhitePeopleTwitter on 22 May 20 (1pts):
just go gamble 100x till you make it, ez.
frfoe8c in LifeProTips on 22 May 20 (1pts):
Discord my friend, Discord.
free9l1 in CryptoCurrency on 22 May 20 (1pts):
hahaha, no.
fredual in CryptoCurrency on 22 May 20 (1pts):
dw bout it, everyone pays to learn in this space. some later than others. better take your loses early on rather than get your illusion of success shattered down the road.
frdpvm8 in CryptoCurrency on 21 May 20 (1pts):
all you had to do is claim you hex, for free. if you dont pay for something, how are you getting scammed? you have no clue who gave him that eth, for what purpose, and if they're okay with him...
frdo9tl in CryptoCurrency on 21 May 20 (1pts):
lets be honest, sending them to an exchange that has ''Fren with justin sun'' written all over it was not exactly his most genius moment.
frde4ag in CryptoCurrency on 21 May 20 (1pts):
folding is great but it honestly pisses me off at the same time. there is so much spare computing power owned by american companies and almost all of it is never put to use for folding, it should be...
frddkuy in CryptoCurrency on 21 May 20 (1pts):
''investing'' in crypto is honestly the wrong way to think about it. gambling is a much better term. at best you're all in on btc and you're hedging against fiat inflation, at worst you buy any...
frdcffn in CryptoCurrency on 21 May 20 (1pts):
that explains why you know nothing about it.
frdaz60 in CryptoCurrency on 21 May 20 (1pts):
doubtful. negative interest rates in a deflationary environment wont be a big deal. yall really seem to misunderstand how good the USD is at fucking you over. keep believing hyperinflation is gonna...
frdantd in CryptoCurrency on 21 May 20 (1pts):
you havent seen nothing yet my man. 2017 had fees up to 100$. its gonna happen again.
frcveyn in CryptoCurrency on 21 May 20 (1pts):
considering he thinks bitmex sells trader's fund on spot after they place a trade, its fair to say this guy doesnt know anything about anything.
frcn75e in CryptoCurrency on 21 May 20 (1pts):
this is the dumbest article ever made on crypto.
frcmmkz in CryptoCurrency on 21 May 20 (1pts):
you're an idiot.
frcgfqm in CryptoCurrency on 21 May 20 (1pts):
while i agree that bitcoin sucks as it is and needs a block size increase (4mb would be perfect for now and wouldnt change a damn thing about decentralization) bsv is garbage and bch too.
frcg7pc in CryptoCurrency on 21 May 20 (1pts):
those 3 pools are also made of thousands of individuals. its not the pools' hashrate. if they start messing with the network, that hashrate will leave fast as fuck.
frc3yb5 in CryptoCurrency on 21 May 20 (1pts):
yet only 5mil in liquidity. useless network.
frbyhp0 in CryptoCurrency on 21 May 20 (1pts):
btc blocks should be 4mb-8mb right now to keep in line with technological advancement since the 1mb block limit was implemented. prove me wrong. ill debate anyone. and before you ask, im a btc...
frbxj5j in CryptoCurrency on 21 May 20 (1pts):
opening the pandora's box for market manipulation is a bad thing for wallstreet. these's patterns are not exclusive to crypto, at all, and ''trapping'' and stop hunts has been done for decades. this...
fr8anz5 in CryptoCurrency on 20 May 20 (1pts):
honestly wouldnt be surprised. btc isnt going anywhere without scaling and ln is a cluster fuck for adoption.
fr64v2n in Bitcoin on 19 May 20 (1pts):
rofl.
fr64mko in Bitcoin on 19 May 20 (1pts):
this is software or 3rd parties trapping people into having to use those fees.
fr649wf in CryptoCurrency on 19 May 20 (1pts):
that company is a fucking leech regardless how you look at it. trying to make itself relevant by attacking others. they arent doing anyone but themselves a favor. you can hate on XRP just as much as...
fr62m0n in Bitcoin on 19 May 20 (1pts):
this is absolute garbage propaganda to assume that nodes would drop out rather than upgrade. im so fucking tired of people pretending like buying a 400$ computer to run a node is a problem but...
fr61jya in Bitcoin on 19 May 20 (1pts):
supply is 18million, not 900/day. there's plenty to buy from. also if you are talking about paul tudor jones, he didnt buy a single bitcoin and said so himself that he would only be playing futures...
fr60yqv in Bitcoin on 19 May 20 (1pts):
store of value is NOT a use case, and bitcoin is NOT widely adopted.
fr5yqcw in Bitcoin on 19 May 20 (1pts):
" not really looking for financial advice " maybe you should.
submitted by MarkdownShadowBot to CommentRemovalChecker [link] [comments]

With bitcoin under supervision, can Canada become a “purified land” for cryptocurrencies?

With bitcoin under supervision, can Canada become a “purified land” for cryptocurrencies?
The United States is still unregulated and has great uncertainty about the Bitcoin and cryptocurrency markets, but Canada, which is also a North American country, has embraced Bitcoin first. The cryptocurrency will be fully legalized from June.

https://preview.redd.it/5l7qkoewp0351.jpg?width=696&format=pjpg&auto=webp&s=1f774966845275a040226adcd240f9f0a18d9795
Canada’s new law came into effect in June. Cryptocurrency exchanges and cryptocurrency payment operators are classified as institutions that provide financial services. Cryptocurrencies begin legalization procedures in Canada.
The emergence of the new bill means that the requirements of cryptocurrency organizations are strict and standardized. Crypto companies in Canada must send all information about cryptocurrency customer transactions to Canadian authorities and register with the Canadian Financial Intelligence Unit FINTRAC (Canadian Financial Transaction and Report Analysis Center). Transactions over CAD 10,000 (approximately USD 7410) need to be declared.
The law has caused heated debate in Canada.
Francis Puglier, the head of the local cryptocurrency exchange BullBitcoin, tweeted: “Today is my last day as an unregulated virtual currency trader. From June 1, 2020 , Canada’s currency services business has officially regulated bitcoin exchanges and payment processors.”

https://preview.redd.it/l18thbryp0351.png?width=619&format=png&auto=webp&s=391d49770c09756e32af857e5940905c5b3730b1
(The following is part of the regulations, you can skip to see the conclusion)
According to the requirements of the new law, individuals or entities that are trying to trade need to provide addresses, emails, telephones, aliases, dates of birth, citizenship, ID numbers, social security numbers, etc. Entities must provide additional entity registration or establishment dates, which are registered or established The number and its jurisdiction and country of issue.
Canada named this Act “Regulations Amending Certain Regulations Made Under the Proceeds of Crime (MoneyLaundering) and Terrorist Financing Act, 2019: SO2019–240” Regulations of certain regulations: SO2019–240).
All persons or entities conducting cryptocurrency transactions need to provide a large amount of personal information and transaction information. It is worth mentioning that the transaction information includes the transaction address (receive and send), the source, is it completed? If unsuccessful, why?

https://preview.redd.it/p9ti0qa1q0351.png?width=972&format=png&auto=webp&s=29932692dda2a901ade69468fbcc4576494657b2
The bill basically treats all transactions as pre-money laundering. Once money laundering is found, it basically locks all the information of the trader. If there is no information, the exchange will be backed and there will always be someone responsible. Canadian regulation is not weaker than Japan.
In 2017–2019, which was crazy and lenient, the laws issued by various countries in 2020 were generally strict, reflecting that cryptocurrency transactions have gone through a chaotic early period, and then entered a strict period of order. Many of them are uncertain, Russia, India, and the United States, while others are open and supportive, Iran.
Cryptocurrencies are not conducive to state management. Countries that support or have planned development are generally in the third world, and are more subject to pressure and sanctions by major powers.

https://preview.redd.it/ox84hki3q0351.jpg?width=424&format=pjpg&auto=webp&s=e3854420bdf07f00b8dd599193cf68daf1b58e3a
submitted by 41caijing to u/41caijing [link] [comments]

13 April cryptocurrency offers with £150+ in bonuses

13 April cryptocurrency offers with £150+ in bonuses
Since it's the end of the month and a couple of these offers are ending soon, I thought it'd be a good idea to make a collection of all the cryptocurrency offers I'm aware of.
I've done a summary of all the offers and gone into more detail on each below. Completing them all will give you around $119 (£95.38), 55 EUR (£48) and £15 in bonuses, which works out to about £158.38 in all.
Please let me know if there are any that I've missed or if you have any questions about any of the offers :)
Summary
Offer Description Links
Crypto.com $50 in MCO for staking 50 MCO for 6 months Referral link / non-ref / terms
Vimba £15/15 EUR in BTC for saving £100/100 EUR Referral link / non-ref / terms
Luno 15 EUR in BTC for trading 250 EUR crypto Referral link / non-ref / terms
Bitpanda 10 EUR + 5 EUR in BEST for trading 25 EUR crypto + completing quiz Referral link / non-ref / terms
Bitwala 15 EUR for opening an account and crypto wallet Referral link / non-ref / terms
CoinList ~$14 in BTC for trading $100 crypto Referral link / non-ref / terms
Mercury Cash $10/10 EUR for purchasing $100/100 EUR crypto Referral link / non-ref / terms
CoinField 40 SOLO for depositing £100/$100/100 EUR (~$10) Referral link / non-ref / terms
OKEx $10 in BTC for purchasing $100 crypto Referral link / non-ref / terms
Gemini $10 in BTC for trading $100 crypto Referral link / non-ref / terms
Xapo $10 in BTC for depositing $100 Referral link / non-ref / terms
Celsius Network $10 in BTC for depositing $200 crypto for 30 days Referral link / non-ref / terms
Crypterium $5 in CRPT for purchasing 50 EUR crypto Referral link / non-ref / terms
$50 free with Crypto.com for staking 50 MCO
The Crypto.com platform offers a debit card with up to 5% cashback, Spotify and Netflix rebates and more, as well as high rate (up to 18%) interest on cryptocurrency deposits, a full exchange and additional rewards.
They're currently offering $50 in MCO if you purchase and stake at least 50 MCO for their Ruby Red card or a higher tier.
You can withdraw, exchange or spend the bonus immediately.
Please read the terms of the offer.
Steps
  • Sign up with my referral link ($50 bonus) / non-ref (no bonus).
  • Enter the code gqxrv2t3up in the Rewards section of the app.
  • Verify your identity once you've created your account.
  • Purchase and stake at least 50 MCO for the card you've chosen.
  • You'll see $50 in MCO added to your wallet immediately after you've staked the MCO.
Links
£15/15 EUR free with Vimba for saving £100/100 EUR cryptocurrency
Vimba are a cryptocurrency investment platform, allowing automatic saving and purchase of BTC, ETH and NEM.
They're currently offering £15/15 EUR in BTC for making four automatic savings totalling £100/100 EUR or more.
You can withdraw the £100/100 EUR and £15/15 EUR immediately after the saving is processed, which occurs every Friday.
Steps
  • Sign up with my referral link (£15/15 EUR bonus) / non-ref (no bonus).
  • Verify your email address once you've created your account.
  • Deposit £25/25 EUR or more into your account.
  • On the Connected Wallets tab, either add or create a BTC wallet for your referral bonus to go to.
  • Click the Manage Auto Delivery button to choose how to distribute the saving to BTC/ETH/NEM.
  • The saving will be automatically processed on Friday, and the BTC/ETH/NEM will be sent to your chosen wallet.
  • This will have to be repeated for 4 weeks.
  • You'll see £15/15 EUR added to your chosen wallet immediately afterwards.
Links
15 EUR free with Luno for purchasing 250 EUR cryptocurrency
Luno are a cryptocurrency trading and investing platform, offering quick and easy purchases of Bitcoin, Ethereum and XRP.
They're currently offering 15 EUR in BTC for your first purchase of 250 EUR or more with of Bitcoin.
You can withdraw or exchange the 15 EUR bonus straight away.
Steps
  • Sign up with my referral link (15 EUR bonus) / non-ref (no bonus).
  • Verify your identity once you've created your account.
  • Enter 374T3V in the Rewards page online or in the app.
  • Purchase 250 EUR or more BTC, paying by card or bank transfer. Card is quickest but has more fees.
  • You'll see 15 EUR in BTC deposited in your wallet within a few minutes of completing the purchase.
  • You can use the Luno Exchange to sell, exchange or withdraw the BTC to save on fees.
Links
15 EUR free with Bitpanda for trading 25 EUR cryptocurrency and completing a quiz
Bitpanda offer a platform allowing you to buy, sell, exchange and invest in not only cryptocurrencies, but also previous metals such as gold. They have a full exchange available as well.
They're currently offering 10 EUR in cash for your first trade of 25 EUR, and an exta 5 EUR in BEST for completing a short quiz.
You can withdraw your deposit and the 15 EUR bonuses straight away.
Steps
  • Sign up with my referral link (10 EUR bonus) / non-ref (no bonus).
  • Verify your identity once you've created your account.
  • Deposit 25 EUR or more into your account.
  • Exchange 25 EUR or more in any cryptocurrency or asset available.
  • You'll see 10 EUR added to your wallet shortly afterwards.
  • Complete the beginners' quiz in the Bitpanda academy.
  • You'll see 5 EUR in BEST added to your wallet shortly afterwards.
Links
15 EUR free with Bitwala for opening an account
Bitwala offer a full German bank account with integrated cryptocurrency trading and a linked Mastercard debit card.
They're currently offering 15 EUR for opening an account and creating a bitcoin wallet. No deposits or transactions of any kind are required.
You can withdraw the 15 EUR bonus straight away.
Steps
  • Sign up with my referral link (15 EUR bonus) / non-ref (no bonus).
  • Verify your identity once you've created your account.
  • Open a bitcoin wallet in your account.
  • You'll see 15 EUR added to your wallet shortly afterwards.
  • This can take up to 15 business days but it is usually a lot quicker.
Links
~$14 free with CoinList for exchanging $100 cryptocurrency
CoinList is a platform that allows you to invest and trade in several different cryptocurrencies.
They're currently offering ~$14 (0.0015 BTC) for exchanging a total of $100 worth of cryptocurrency.
You can withdraw the $10 bonus straight away.
Steps
  • Sign up with my referral link (~$14) / non-ref (no bonus).
  • Verify your identity once you've created your account.
  • Deposit $100/100 EUR to your account.
  • Use the Buy | Sell option to purchase $100/100 EUR+ of any cryptocurrency.
  • You'll see ~$14 added to your wallet shortly afterwards.
Links
$10/10 EUR free with Mercury Cash for purchasing $100/100 EUR cryptocurrency
Mercury Cash are a financial institution that allow you to buy and sell cryptocurrencies directly for fiat.
They're currently offering $10/10 EUR for your first purchase of $100/100 EUR+ worth of cryptocurrency.
You can withdraw the $10/10 EUR bonus straight away.
Steps
  • Sign up with my referral link ($10/10 EUR) / non-ref (no bonus).
  • Verify your identity once you've created your account.
  • Deposit $100/100 EUR to your account.
  • Use the Buy | Sell option to purchase $100/100 EUR+ of any cryptocurrency.
  • You'll see $10/10 EUR added to your wallet shortly afterwards.
Links
~$10 free with CoinField for depositing $100/£100/100 EUR
CoinField is a cryptocurrency exchange and digital wallet, allowing you to buy, sell and exchange over 20 different cryptocurrencies worldwide. They also offer SOLO, their own cryptocurrency, built on the XRP Ledger.
They're currently offering 40 SOLO which is around $10 for depositing $100 USD/$100 CAD/100 EU£100 GBP/10,000 JPY/300 AED.
I also got an extra 10 SOLO on signing up, but I can't see this mentioned anywhere so don't think it's guaranteed.
To minimise fees, I'd recommend making the deposit in EUR via SEPA and then exchanging to and withdrawing SOLO/XRP/DGB as they are all fee-free.
If you can only deposit by card, I'd do it via TransferWise in CAD as the amounts and fees will be reduced to the smallest possible value. But then please also take note of the following:
You can have access to your funds deposited via Credit or Debit Cards instantly and start trading immediately with no restriction however we may lock the withdrawal of any digital assets purchased for 30 days depending on your history to reduce the risk of fraud on our platform
Steps
  • Sign up with my referral link (~$10 bonus) / non-ref (no bonus).
  • Make sure the code IDA7182D8E19 is entered in the Have referral code? box.
  • Verify your identity once you've created your account.
  • Deposit $100 USD/$100 CAD/100 EU£100 GBP/10,000 JPY/300 AED into your account.
  • You'll see 40 SOLO (~$10) added to your wallet shortly afterwards.
Links
$10 free with OKEx for purchasing $100 cryptocurrency
OKEx are one of the leading cryptocurrency exchanges, available in over 130 countries and with a large selection of cryptocurrencies available and great volume for each.
They're currently offering $10 in BTC for your first purchase of $100+ worth of cryptocurrency.
You can withdraw the $10 bonus straight away.
Steps
  • Sign up with my referral link ($10 bonus) / non-ref (no bonus).
  • Use the Buy Crypto option to purchase $100+ or equivalent of any cryptocurrency.
  • Choose the cheapest payment provider (usually Banxa in UK/EU) and verify your identity with them.
  • You'll see $10 in BTC added to your wallet shortly afterwards.
Links
$10 free with Gemini for exchanging $100 cryptocurrency
Gemini offer a digital asset exchange, allowing you to easily buy, sell and exchange BTC and other cryptocurrencies. They are both fully licensed and regulated.
They're currently offering $10 in BTC for your first exchange of $100 cryptocurrency.
You can withdraw the $10 bonus straight away. The $100 exchange doesn't have to be a purchase, but can also be a sell of cryptocurrency you already have or an exchange to another.
Steps
  • Sign up with my referral link ($10 bonus) / non-ref (no bonus).
  • Verify your identity once you've created your account.
  • Make an exchange of $100 or more cryptocurrency. This can be a buy, sell or exchange.
  • You'll see $10 in BTC added to your wallet shortly afterwards.
Links
$10 free with Xapo for depositing $100
Xapo offer a digital multi-currency wallet, allowing you to exchange currencies and buy, sell or exchange BTC with ease.
They're currently offering $10 in BTC for your first deposit of $100 or equivalent.
You don't need to spend or exchange the $100 deposit and can spend, exchange or withdraw the $10 bonus straight away.
Steps
  • Sign up with my referral link ($10 bonus) / non-ref (no bonus).
  • Verify your identity once you've created your account.
  • Deposit $100 or equivalent in your local currency to your account.
  • You'll see $10 in BTC added to your wallet shortly afterwards.
Links
$10 free with Celsius Network for depositing $200 cryptocurrency
Celsius Network offer the ability to earn up to 12% APY interest on your deposited crypto across a range of coins, with no minimum amount.
They're currently offering $10 in BTC for your first deposit of $200 worth of cryptocurrency if you keep it deposited for 30 days.
You can withdraw the $10 bonus straight away after the 30 day period.
Steps
  • Sign up with my referral link ($10 bonus) / non-ref (no bonus).
  • Enter the code 175366fe07 in the Have a referral code? section of the form.
  • Verify your identity once you've created your account.
  • Deposit $200 to your account and keep it there for 30 days.
  • You'll see $10 added to your BTC wallet shortly afterwards.
  • The bonus will become unlocked after the 30 day peroid.
Links
$5 free with Crypterium for purchasing 50 EUR cryptocurrency
Crypterium offer a platform allowing you to buy, sell and exchange BTC and several other cryptocurrencies instantly and with minimal fees. They also offer a global UnionPay debit card and are currently beta testing a Visa card in Europe.
They're currently offering $5 in CRPT for your first purchase of 50 EUR cryptocurrency.
You can withdraw, exchange or spend the bonus and deposit immediately.
Steps
  • Sign up with my referral link ($5 bonus) / non-ref (no bonus).
  • Verify your identity once you've created your account.
  • Purchase 50 EUR or more cryptocurrency.
  • You'll see $5 in CRPT added to your wallet shortly afterwards.
Links
submitted by pKYmlCo70Iyn9D0q38L1 to referralcodeshub [link] [comments]

I Got Scammed by the Cryptocurrency Exchange EZBTC.CA

I wanted to make this post of my experience as a warning to others, especially Canadians as they have limited buying options when investing (speculating) into cryptocurrencies. I understand the subject of cryptocurrencies are polarizing to many, but nonetheless, it's an emerging asset class that deserves discussion because there are many ways to lose your funds. This isn't the fault of cryptocurrencies themselves, but the result of user error, outright scams, social engineering, hacks, or in my case not being up-to-date on current events.

There are many scams in cryptocurrencies, but shady exchanges are a classic dating back to the legendary Mt. Gox hack where 850,000 Bitcoins were stolen (worth approximately $4.6 billion at the time of this writing). Or the most recent Canadian QuadrigaCX exchange hack where the CEO allegedly died in India carrying the only private key to 200 million worth of customer funds.

It seems that exchange hacks keep propping up in the news, so why then do they keep happening even in 2019? Because users are left with limited choices if they want to acquire cryptocurrency in the safest (ironic) and most convenient manner. In order to buy cryptocurrency, you first have to exchange it for fiat currency (USD, CAD, EUR). You could buy cryptocurrency from one of those Bitcoin ATMs you see at the mall but the fees are exorbitant and quite a few require ID as it is, so why not just sign up for an exchange instead? The next option is to buy them peer-to-peer in person for cash, but people feel unsafe dealing with strangers and large amounts of money. Further, liquidity would be an issue. This led to a boom of many cryptocurrency exchanges offering customers a place to buy and sell with the exchanges acting as the middle-man between users.

I've been away from cryptocurrency for a while and only came back recently. I've used the EZBTC exchange in the past without issues and decided I would use them again. What I didn't do upon my return was my homework on any updates/news regarding this exchange which resulted in my ordeal now. I noticed the website had an overhaul that now includes an express option for you to receive faster withdrawals if you deposited larger amounts (first red flag). I opted for the regular option I always used in the past and sent a small amount via eTransfer that was deposited in my account almost immediately (second red flag). In the past, my eTransfers regardless of amount took some time and up to many hours. Nonetheless, I made a purchase and initiated a withdrawal request that still hasn't been sent out to this day, and I am not the only one.

A condensed version of my story is that I got worried about my pending withdrawal with EZBTC and my emails/calls went unanswered. The live chat on their website was also disabled. I decided to tweet my situation to @ezBtcCanada and immediately got an email from the owner David Smillie himself urgently telling me to call him on a personal number. He deverified and suspended my account as a result of my tweets @tokenflair for "security reasons". After some talk (me saying I'll delete the tweets) he immediately reactivated and reverified my account again and said that my withdrawal will be taken care of the next day.

Fast forward to the next day and my withdrawal is still pending. Calls/texts/email go unanswered again. Live chat is still disabled. I proceed to send another tweet instead. Like clockwork, I get a response from David shortly after and he was livid. He threatened to sue me for defamation if I continued posting about my situation on public forums. I told him I'll be waiting for his letter. He stated that my account would be receiving a lifetime ban and I will not be receiving my withdrawal but I would get an eTransfer refund in 30 days, and all this information would be included in an email I was supposed to receive on Monday April 22, 2019. I still have not received any such email, and my emails/call/texts to him are again being ignored. The saga continues.

The most important piece of advice I can give when it comes to cryptocurrency is that what's true today, is not true tomorrow. You must stay up-to-date on current events in cryptocurrency because your investment could be at stake. In my case, EZBTC was exhibiting red flags and had many user complaints that I would have seen had I just done some research prior to sending my money. I was not up-to-date regarding the status of this "exchange".

David Smillie (owner of ezbtc.ca) operating under business # 1081627 B.C LTD. currently has 5 ongoing lawsuits against his company for unpaid funds:

  1. File number: 1812420 - GOLDLUST, Joseph v 1081627 B.C. LTD. - Supreme Civil (General)
  2. File number: 1963965 - ROBERTS, John v 1081627 B.C. LTD. - Provincial Small Claims
  3. File number: 172818 - GODWIN, Richard v 1081627 BC LTD - Supreme Civil (General)
  4. File number: 18104 - MCCALLUM, Evan v 1081627 BC LTD - Provincial Small Claims
  5. File number: 1862507 - WONG, Gary v 1081627 BC LTD. - Provincial Small Claims

You can get the latest information on all pending lawsuits against EZBTC here:
https://justice.gov.bc.ca/cso/esearch/civil/partySearch.do

List of numerous complaints against David Smillie and EZBTC:

https://files.fm/f/23ej52ff (David Smillie sued by Richard Godwin)

https://np.reddit.com/BitcoinCA/comments/bahzsm/another_bc_lawsuit_filed_against_ezbtc_1081627_bc/ (David Smillie sued by John Roberts)

https://np.reddit.com/BitcoinCA/comments/99fs6i/2_new_court_filings_against_ezbtc_in_the_past_week/ (More lawsuits)

https://np.reddit.com/BitcoinCA/comments/8mjtjb/amaa_exowner_of_ezbtc_resigned_when_i_realized_it/ (Ex-CTO of EZBTC blows whistle)

https://np.reddit.com/BitcoinCA/comments/b53zq3/please_sticky_this_post_im_a_developer_who_worked/ (EZBTC developer blows whistle)

https://np.reddit.com/BitcoinCA/comments/939ce2/40_days_and_counting_fiat_withdrawal_ezbtcca/

https://np.reddit.com/BitcoinCA/comments/926adi/ezbtcca_may_have_gone_bust_toronto_offices_have/

https://np.reddit.com/BitcoinCA/comments/973yrz/ezbtcca_is_likely_insolvent/

https://np.reddit.com/BitcoinCA/comments/98njea/worth_visiting_ezbtc_offices/

https://np.reddit.com/BitcoinCA/comments/901847/concern_regarding_ezbtc/

https://np.reddit.com/BitcoinCA/comments/9181nx/banned_from_ezbtcca_chatroomhave_not_rcvd/

https://np.reddit.com/BitcoinCA/comments/arnboh/ezbtc_will_my_girlfriend_ever_see_her_money/

https://coiniq.com/ezbtc-review/

https://np.reddit.com/BitcoinCA/comments/ao680q/what_are_customers_latest_experiences_with_ezbtc/

https://warosu.org/biz/thread/10773849

https://np.reddit.com/BitcoinCA/comments/bfqrv1/fortune_jack_here_regarding_david_smillie_and/

https://np.reddit.com/BitcoinCA/comments/b57fq9/ezbtc_terms_of_service_wayback_machine/

https://np.reddit.com/BitcoinCA/comments/arfa5x/ezbtc_is_so_fake_check_this_out/

https://np.reddit.com/BitcoinCA/comments/95rpl5/to_those_staying_silent_for_ezbtc_defamation/
submitted by TokenFlair to PersonalFinanceCanada [link] [comments]

13 April cryptocurrency offers with £150+ in bonuses

13 April cryptocurrency offers with £150+ in bonuses
Since it's the end of the month and a couple of these offers are ending soon, I thought it'd be a good idea to make a collection of all the cryptocurrency offers I'm aware of.
I've done a summary of all the offers and gone into more detail on each below. Completing them all will give you around $119 (£95.38), 55 EUR (£48) and £15 in bonuses, which works out to about £158.38 in all.
Please let me know if there are any that I've missed or if you have any questions about any of the offers :)
Summary
Offer Description Links
Crypto.com $50 in MCO for staking 50 MCO for 6 months Referral link / non-ref / terms
Vimba £15/15 EUR in BTC for saving £100/100 EUR Referral link / non-ref / terms
Luno 15 EUR in BTC for trading 250 EUR crypto Referral link / non-ref / terms
Bitpanda 10 EUR + 5 EUR in BEST for trading 25 EUR crypto + completing quiz Referral link / non-ref / terms
Bitwala 15 EUR for opening an account and crypto wallet Referral link / non-ref / terms
CoinList ~$14 in BTC for trading $100 crypto Referral link / non-ref / terms
Mercury Cash $10/10 EUR for purchasing $100/100 EUR crypto Referral link / non-ref / terms
CoinField 40 SOLO for depositing £100/$100/100 EUR (~$10) Referral link / non-ref / terms
OKEx $10 in BTC for purchasing $100 crypto Referral link / non-ref / terms
Gemini $10 in BTC for trading $100 crypto Referral link / non-ref / terms
Xapo $10 in BTC for depositing $100 Referral link / non-ref / terms
Celsius Network $10 in BTC for depositing $200 crypto for 30 days Referral link / non-ref / terms
Crypterium $5 in CRPT for purchasing 50 EUR crypto Referral link / non-ref / terms
$50 free with Crypto.com for staking 50 MCO
The Crypto.com platform offers a debit card with up to 5% cashback, Spotify and Netflix rebates and more, as well as high rate (up to 18%) interest on cryptocurrency deposits, a full exchange and additional rewards.
They're currently offering $50 in MCO if you purchase and stake at least 50 MCO for their Ruby Red card or a higher tier.
You can withdraw, exchange or spend the bonus immediately.
Please read the terms of the offer.
Steps
  • Sign up with my referral link ($50 bonus) / non-ref (no bonus).
  • Enter the code gqxrv2t3up in the Rewards section of the app.
  • Verify your identity once you've created your account.
  • Purchase and stake at least 50 MCO for the card you've chosen.
  • You'll see $50 in MCO added to your wallet immediately after you've staked the MCO.
Links
£15/15 EUR free with Vimba for saving £100/100 EUR cryptocurrency
Vimba are a cryptocurrency investment platform, allowing automatic saving and purchase of BTC, ETH and NEM.
They're currently offering £15/15 EUR in BTC for making four automatic savings totalling £100/100 EUR or more.
You can withdraw the £100/100 EUR and £15/15 EUR immediately after the saving is processed, which occurs every Friday.
Steps
  • Sign up with my referral link (£15/15 EUR bonus) / non-ref (no bonus).
  • Verify your email address once you've created your account.
  • Deposit £25/25 EUR or more into your account.
  • On the Connected Wallets tab, either add or create a BTC wallet for your referral bonus to go to.
  • Click the Manage Auto Delivery button to choose how to distribute the saving to BTC/ETH/NEM.
  • The saving will be automatically processed on Friday, and the BTC/ETH/NEM will be sent to your chosen wallet.
  • This will have to be repeated for 4 weeks.
  • You'll see £15/15 EUR added to your chosen wallet immediately afterwards.
Links
15 EUR free with Luno for purchasing 250 EUR cryptocurrency
Luno are a cryptocurrency trading and investing platform, offering quick and easy purchases of Bitcoin, Ethereum and XRP.
They're currently offering 15 EUR in BTC for your first purchase of 250 EUR or more with of Bitcoin.
You can withdraw or exchange the 15 EUR bonus straight away.
Steps
  • Sign up with my referral link (15 EUR bonus) / non-ref (no bonus).
  • Verify your identity once you've created your account.
  • Enter 374T3V in the Rewards page online or in the app.
  • Purchase 250 EUR or more BTC, paying by card or bank transfer. Card is quickest but has more fees.
  • You'll see 15 EUR in BTC deposited in your wallet within a few minutes of completing the purchase.
  • You can use the Luno Exchange to sell, exchange or withdraw the BTC to save on fees.
Links
15 EUR free with Bitpanda for trading 25 EUR cryptocurrency and completing a quiz
Bitpanda offer a platform allowing you to buy, sell, exchange and invest in not only cryptocurrencies, but also previous metals such as gold. They have a full exchange available as well.
They're currently offering 10 EUR in cash for your first trade of 25 EUR, and an exta 5 EUR in BEST for completing a short quiz.
You can withdraw your deposit and the 15 EUR bonuses straight away.
Steps
  • Sign up with my referral link (10 EUR bonus) / non-ref (no bonus).
  • Verify your identity once you've created your account.
  • Deposit 25 EUR or more into your account.
  • Exchange 25 EUR or more in any cryptocurrency or asset available.
  • You'll see 10 EUR added to your wallet shortly afterwards.
  • Complete the beginners' quiz in the Bitpanda academy.
  • You'll see 5 EUR in BEST added to your wallet shortly afterwards.
Links
15 EUR free with Bitwala for opening an account
Bitwala offer a full German bank account with integrated cryptocurrency trading and a linked Mastercard debit card.
They're currently offering 15 EUR for opening an account and creating a bitcoin wallet. No deposits or transactions of any kind are required.
You can withdraw the 15 EUR bonus straight away.
Steps
  • Sign up with my referral link (15 EUR bonus) / non-ref (no bonus).
  • Verify your identity once you've created your account.
  • Open a bitcoin wallet in your account.
  • You'll see 15 EUR added to your wallet shortly afterwards.
  • This can take up to 15 business days but it is usually a lot quicker.
Links
~$14 free with CoinList for exchanging $100 cryptocurrency
CoinList is a platform that allows you to invest and trade in several different cryptocurrencies.
They're currently offering ~$14 (0.0015 BTC) for exchanging a total of $100 worth of cryptocurrency.
You can withdraw the $10 bonus straight away.
Steps
  • Sign up with my referral link (~$14) / non-ref (no bonus).
  • Verify your identity once you've created your account.
  • Deposit $100/100 EUR to your account.
  • Use the Buy | Sell option to purchase $100/100 EUR+ of any cryptocurrency.
  • You'll see ~$14 added to your wallet shortly afterwards.
Links
$10/10 EUR free with Mercury Cash for purchasing $100/100 EUR cryptocurrency
Mercury Cash are a financial institution that allow you to buy and sell cryptocurrencies directly for fiat.
They're currently offering $10/10 EUR for your first purchase of $100/100 EUR+ worth of cryptocurrency.
You can withdraw the $10/10 EUR bonus straight away.
Steps
  • Sign up with my referral link ($10/10 EUR) / non-ref (no bonus).
  • Verify your identity once you've created your account.
  • Deposit $100/100 EUR to your account.
  • Use the Buy | Sell option to purchase $100/100 EUR+ of any cryptocurrency.
  • You'll see $10/10 EUR added to your wallet shortly afterwards.
Links
~$10 free with CoinField for depositing $100/£100/100 EUR
CoinField is a cryptocurrency exchange and digital wallet, allowing you to buy, sell and exchange over 20 different cryptocurrencies worldwide. They also offer SOLO, their own cryptocurrency, built on the XRP Ledger.
They're currently offering 40 SOLO which is around $10 for depositing $100 USD/$100 CAD/100 EU£100 GBP/10,000 JPY/300 AED.
I also got an extra 10 SOLO on signing up, but I can't see this mentioned anywhere so don't think it's guaranteed.
To minimise fees, I'd recommend making the deposit in EUR via SEPA and then exchanging to and withdrawing SOLO/XRP/DGB as they are all fee-free.
If you can only deposit by card, I'd do it via TransferWise in CAD as the amounts and fees will be reduced to the smallest possible value. But then please also take note of the following:
You can have access to your funds deposited via Credit or Debit Cards instantly and start trading immediately with no restriction however we may lock the withdrawal of any digital assets purchased for 30 days depending on your history to reduce the risk of fraud on our platform
Steps
  • Sign up with my referral link (~$10 bonus) / non-ref (no bonus).
  • Make sure the code IDA7182D8E19 is entered in the Have referral code? box.
  • Verify your identity once you've created your account.
  • Deposit $100 USD/$100 CAD/100 EU£100 GBP/10,000 JPY/300 AED into your account.
  • You'll see 40 SOLO (~$10) added to your wallet shortly afterwards.
Links
$10 free with OKEx for purchasing $100 cryptocurrency
OKEx are one of the leading cryptocurrency exchanges, available in over 130 countries and with a large selection of cryptocurrencies available and great volume for each.
They're currently offering $10 in BTC for your first purchase of $100+ worth of cryptocurrency.
You can withdraw the $10 bonus straight away.
Steps
  • Sign up with my referral link ($10 bonus) / non-ref (no bonus).
  • Use the Buy Crypto option to purchase $100+ or equivalent of any cryptocurrency.
  • Choose the cheapest payment provider (usually Banxa in UK/EU) and verify your identity with them.
  • You'll see $10 in BTC added to your wallet shortly afterwards.
Links
$10 free with Gemini for exchanging $100 cryptocurrency
Gemini offer a digital asset exchange, allowing you to easily buy, sell and exchange BTC and other cryptocurrencies. They are both fully licensed and regulated.
They're currently offering $10 in BTC for your first exchange of $100 cryptocurrency.
You can withdraw the $10 bonus straight away. The $100 exchange doesn't have to be a purchase, but can also be a sell of cryptocurrency you already have or an exchange to another.
Steps
  • Sign up with my referral link ($10 bonus) / non-ref (no bonus).
  • Verify your identity once you've created your account.
  • Make an exchange of $100 or more cryptocurrency. This can be a buy, sell or exchange.
  • You'll see $10 in BTC added to your wallet shortly afterwards.
Links
$10 free with Xapo for depositing $100
Xapo offer a digital multi-currency wallet, allowing you to exchange currencies and buy, sell or exchange BTC with ease.
They're currently offering $10 in BTC for your first deposit of $100 or equivalent.
You don't need to spend or exchange the $100 deposit and can spend, exchange or withdraw the $10 bonus straight away.
Steps
  • Sign up with my referral link ($10 bonus) / non-ref (no bonus).
  • Verify your identity once you've created your account.
  • Deposit $100 or equivalent in your local currency to your account.
  • You'll see $10 in BTC added to your wallet shortly afterwards.
Links
$10 free with Celsius Network for depositing $200 cryptocurrency
Celsius Network offer the ability to earn up to 12% APY interest on your deposited crypto across a range of coins, with no minimum amount.
They're currently offering $10 in BTC for your first deposit of $200 worth of cryptocurrency if you keep it deposited for 30 days.
You can withdraw the $10 bonus straight away after the 30 day period.
Steps
  • Sign up with my referral link ($10 bonus) / non-ref (no bonus).
  • Enter the code 175366fe07 in the Have a referral code? section of the form.
  • Verify your identity once you've created your account.
  • Deposit $200 to your account and keep it there for 30 days.
  • You'll see $10 added to your BTC wallet shortly afterwards.
  • The bonus will become unlocked after the 30 day peroid.
Links
$5 free with Crypterium for purchasing 50 EUR cryptocurrency
Crypterium offer a platform allowing you to buy, sell and exchange BTC and several other cryptocurrencies instantly and with minimal fees. They also offer a global UnionPay debit card and are currently beta testing a Visa card in Europe.
They're currently offering $5 in CRPT for your first purchase of 50 EUR cryptocurrency.
You can withdraw, exchange or spend the bonus and deposit immediately.
Steps
  • Sign up with my referral link ($5 bonus) / non-ref (no bonus).
  • Verify your identity once you've created your account.
  • Purchase 50 EUR or more cryptocurrency.
  • You'll see $5 in CRPT added to your wallet shortly afterwards.
Links
submitted by pKYmlCo70Iyn9D0q38L1 to u/pKYmlCo70Iyn9D0q38L1 [link] [comments]

LITECOIN (LTC/USD) sowie CAD-Pairs von Interesse 1 million USD worth of Bitcoin offered to man for - YouTube WARUM BITCOIN AUF UNTER $7000 USD GEFALLEN IST How Much Is 1 Bitcoin Worth? What Is One BTC Worth? - YouTube Bitcoin To Us Dollar - YouTube

Bitcoin Price (BTC / CAD). Price chart, trade volume, market cap, and more. Discover new cryptocurrencies to add to your portfolio. Skip to content. Prices. Products. Company. Earn crypto. Get $171+ Sign in. Get started. Price charts Bitcoin price. Bitcoin price (BTC / CAD) View in. CAD. Add to Watchlist. CA$ 17,250.08 +0.90%. 1h. 24h. 1w. 1m. 1y. all. CA$0.0000 January 1 12:00 AM. 11:11 AM 3 ... USD [US Dollar] BTC [Bitcoin] 0.01 US Dollar = 0.000001 Bitcoin: 0.1 US Dollar = 0.000008 Bitcoin: 1 US Dollar = 0.000077 Bitcoin: 2 US Dollar = 0.000155 Bitcoin: 3 US Dollar = 0.000232 Bitcoin: 5 US Dollar = 0.000386 Bitcoin: 10 US Dollar = 0.000773 Bitcoin: 20 US Dollar = 0.001546 Bitcoin: 50 US Dollar = 0.003864 Bitcoin: 100 US Dollar = 0 ... Bitcoin - Canadian Dollar Chart (BTC/CAD) Conversion rate for Bitcoin to CAD for today is CA$17,428.21. It has a current circulating supply of 18.5 Million coins and a total volume exchanged of CA$26,717,532,886 1 Bitcoin entspricht 100 Millionen Satoshi. 1 BTC = 100.000.000 Satoshi. 1 Satoshi entspricht 1 / 100,000,000 BTC. Wie teuer war der erste Bitcoin? 1 Bitcoin-Preis im März 2010 betrug 0,003 USD Was kostet ein Bitcoin 2011? Feb 2011 - April 2011 = 1,00 USD Bitcoin steht dem US-Dollar in nichts nach. 8. Juli 2011 $31.00 oben auf der ersten "Blase", gefolgt vom ersten Preisverfall Dezember 2011 ... BTC/CAD CURRENT RATE. 1 BTC - Bitcoin Canadian Dollar - CAD. CA$ 17,221.56. 24 Hour Average Rates : CA$0.00 CAD. 1 Hour Change : % 24 Hour Change : % 7 Day Change : % Market Cap : 0 CAD. 24 Hour Volume : 0 CAD. Available Supply : 0 BTC. Total Supply : 0 BTC. $1 USD CA$0.00 CAD. POPULAR CURRENCIES. 1 BTC - Bitcoin . US Dollar $ 13,120.44 USD ; Euro €11,041.02 EUR ; British Pound £ 10,063.97 ...

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LITECOIN (LTC/USD) sowie CAD-Pairs von Interesse

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