Exchange coins utility, explained
Exchange coins allow traders to have a say in projects they participate in while simultaneously providing use cases in contest funding and payment. What are some of the most widely known exchange coins?The list includes Binance, Coinbase, FTX, OKEx, Kucoin and HitBTC.There are over 90 different exchange coins, according to CoinMarketCap, many belonging to the biggest names in the cryptocurrency industry. Determining which coins to invest in will come down to a question about the exchange and its benefits.HitBTC has proven itself a powerful contender for those interested in advanced....
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Cryptocurrencies are experiencing a bullish phase in a major way. Across the entire market, coins are setting new all-time highs with every new passing day. Bitcoin and Ethereum are in full price discovery mode, and profits from them have flooded into other value projects such as utility coins and other top altcoins. As a result, OKEx’s utility token OKB has set a new all-time high. Here’s why (both fundamentally and technically) OKB’s uptrend is only […]
A Russian power utility has found a way to increase electricity prices for consumers mining cryptocurrency using household electricity. The regional distribution company has taken dozens of amateur miners to court and has already won some of the cases.
Power Utility Goes After Crypto Miners Using Subsidized Electricity to Mint Digital Coins
Irkutskenergosbyt, a power distributor in the Russian region of Irkutsk, has managed to secure an increase of the electricity tariffs for crypto mining farms set up in private homes. The utility was able to prove in court that their owners....
Wall of Coins is a peer-to-peer bitcoin marketplace that lets users buy and sell bitcoin without compromising privacy or security. Customers report that this exchange is fast, with an average order fulfillment time of around 10 minutes. Wall of Coins: Buying and Selling Made Easy. A Wall of Coins representative said: “Wall of Coins is the easiest place to liquidate Bitcoin on the planet. You get cash immediately and securely at the price you determine. Say goodbye to waiting days for an ACH transfer, and say so-long to paying any fees.” Being able to cash out your coins without waiting on....
With both types of tokens forming the bulk of crypto-asset purchases, both utility and equity tokens serve different purposes. Read here! Utility tokens vs. equity tokensInvestors familiar with the concept of equity investing will find equity tokens to be an extension of the same thought process as initial public offerings while those with a riskier appetite can venture into plonking their capital on the utility tokens in which they believe.One glaring difference between utility and equity tokens is the fact that the former is not regulated as they provide access to a service rather than a....
In a rebuffal of bitcoin’s fungibility, Dutch API-provider BlockTrail yesterday launched its Mint exchange, which swaps “old” coins for newly mined ones. In a first of its kind, users can buy bitcoins that came straight from a mining pool, and therefore have the shortest possible transaction history of any coins on the open market. BlockTrail believes that freshly mined coins – coins that are awarded to the miner of a new block through the coinbase transaction – are worth more than used ones. This is because these coins can be easily traced back to the Mint and the mining pools, which in....