If you need an alternative method to centralized exchanges for buying Bitcoin your answer might be LocalBitcoins. The site provides a peer-to-peer marketplace for users to get together, buying and selling Bitcoin without oversight from centralized exchanges or financial institutions.
Continue reading Beginner’s Guide to LocalBitcoins: Complete Review
Kraken is a U.S. based digital currency exchange that was founded in July 2011 by CEO Jesse Powell, an entrepreneur who was known for his expertise in maknaging digital goods and assets.
According to Powell, the inception for Kraken resulted from his participation in helping the Mt. Gox exchange after a hacking attempt in 2011.
After seeing the poor way that MtGox was managed, Powell decided that there was a need for a digital asset exchange which could fulfil the requirement for high security standards and deliver services according to latest market trends of the growing industry. Powell envisioned an exchange that catered and appealed to proficient traders, designing implementations like the ability for margin trading.
Paxful is a global, peer-to-peer marketplace used to buy and sell Bitcoin easily, without the use of a third party intermediary, such as an exchange. Think of it as the eBay of Bitcoin as it connects buyers and sellers, and lets them set their own price.
Paxful was started in 2015 by Ray Youssef and Artur Schaback and is incorporated in Wilmington, Delaware, USA. While it is a U.S. corporation, it faciliatates trades on a global basis, and can be used in most any country in the world. The exceptions are those countries that have an outright ban on Bitcoin, and some countries that are under trade embargos by the U.S. These unsupported coutries at the time of writing are: Balkans, Belarus, Burma, Cote D’Ivoire, Cuba, Congo, Iran, Iraq, Lebanon, Liberia, North Korea, Somalia, Sudan, Syria, and Zimbabwe.
Continue reading Beginner’s Guide to Paxful: Complete Review
One of the oldest cryptocurrency exchanges is Coinmama. This exchange was created in 2013, and is registered in Slovakia, although the parent company is New Bit Ventures, which has its headquarters in Israel.
Since its inception in 2013 it has spread its wings quite a bit and now offers its services in 217 countries, including Canada, Australia, the U.K. and the U.S., however it is only available in 24 of the 50 U.S. states.
You can also use Coinmama in many European countries as well as across Asia and in Central and South American countries. You can see a complete list of supported countries here to find out if Coinmama works in your country.
Continue reading Beginner’s Guide to Coinmama: Complete Review
Kraken is a cryptocurrency exchange with headquarters in San Francisco, California, United States that was launched in July 2011, making it one of the oldest existing cryptocurrency exchanges. It was founded by Jesse Powell, who remains the CEO of Kraken, but the exchange is now owned by Payward Inc.
Despite its location in the U.S. it bills itself as “the world’s largest Bitcoin exchange in euro volume and liquidity”, and it serves clients in Europe, the U.K., the U.S., Japan and other countries across the globe.
It is also noteworthy that Kraken is the exchange providing pricing data to the Bloomberg Terminal, as well as being the exchange chosen to provide Mt. Gox creditors with claim support following the catastrophic 2014 hack that saw 650,000 Bitcoin go missing.
Continue reading A Beginner’s Guide to Kraken: Complete Review
The Dash coin was created by Evan Duffield on January 18, 2014. Originally released as XCoin (XCO) and rebranded to Darkcoin in February 2014 – the promising Dash cryptocurrency finally settled on its current name on March 25, 2015.
A derivative of Bitcoin, Dash coin is essentially digital cash that works exactly like physical cash, except it’s exchanged on a highly secure, decentralized peer-to-peer network. It was designed to have a total supply of 18 million coins, 2 million of which were mined during its first day, and around 8 million of which are in circulation at the time of writing.
Because Dash’s code is based on that of Bitcoin, Dash is compatible with all existing wallets and cryptocurrency exchanges originally developed for Bitcoin. When measuring node count by market cap, Dash’s infrastructure robustness is more than an order of magnitude higher than the competitors’ like Bitcoin and Ethereum.
Continue reading Dash (DASH) Coin Review – The Ultimate Guide
If you only want to buy and sell Bitcoin and Ethereum, and you’re willing to use only U.S. dollars, you might want to have a look at the Gemini exchange. Despite its limitations, Gemini is rapidly becoming known as a good exchange for serious traders, thanks to a clean, robust, and easy to use interface, combined with enterprise level security.
Continue reading Beginner’s Guide to Gemini: Complete Review
COSS is a new exchange that was launched in April 2017, but it is really so much more than a simple cryptocurrency exchange. Some might call it the crypto exchange 2.0 because of its broad based feature set. COSS stands for “Crypto One-stop Solution,” and that’s what the platform is trying to achieve. In addition to the cryptocurrency exchange feature of COSS, it also offers a POS/payment gateway for merchants, allowing them to easily accept cryptocurrency payments. COSS also has its own ERC20 token that pays holders dividends, and can be used as a micro-crypto economy.
Continue reading A Beginner’s Guide to COSS: Complete Review
Since the inception of Bitcoin, there have been a multitude of carbon copy cryptocurrencies, and numerous others that focus on improving the privacy features offered by blockchain technology. Of these, many have proven to be scarcely more private than the original, but a few, offer a feature set worthy of acknowledgement. Enter Zcash.
In a world where privacy is becoming an increasingly rare commodity, due to the progressive digitization of our lives, one cryptocurrency aims to give us back something that we risk losing; the freedom to spend our own money in private. The need for privacy dates back as far as human existence, we created clothes to cover our nude bodies, houses with separate bedrooms to shield us from one another, and anonymous outlets through which we can convey our true feelings and opinions.
Continue reading The Ultimate Guide to Zcash (ZEC): Complete Review
Coinbase, a company which has served as an exchange marketplace to enable users to procure cryptocurrencies using fiat currency, has come up with another groundbreaking product. This new product is Coinbase Commerce, which has been created as a solution to enable merchants all over the world to accept payments in specific cryptocurrencies for their goods and services online. The acceptable cryptocurrencies for such transactions will be Bitcoin, Ethereum, Bitcoin Cash and Litecoin.
