PJamesparker's blog
In the fast-paced world of
cryptos, gaining exposure and accessibility is crucial for any digital asset.
Enter KoinBX, a trailblazer among crypto exchanges, known for being one of
the most trusted and fast-growing crypto exchanges with a global user base
of 1.5 million users. If you're a crypto project looking to expand your reach
and go global, here's why listing your crypto on
KoinBXcould be your passport to worldwide recognition.
Unlocking Global Markets
The crypto market is
borderless, and KoinBX understands this inherently. By listing your crypto on
their platform, you gain access to a global audience of traders and investors.
The exchange's diverse user base spans the globe, ensuring that your digital
asset reaches far beyond your local market.
Credibility and Trust
KoinBX's reputation as one of
the most trusted exchanges is a testament to its commitment to security and
reliability. When you list your crypto on their platform, you leverage their
credibility to enhance your own project's trustworthiness. In a space where trust
is paramount, associating your crypto with a reputable exchange can make a
significant difference in gaining the confidence of potential investors.
"Elevate
Your Crypto: List on KoinBX for Global Reach"
Global Exposure
While KoinBX provides access
to a global audience,backed by 160+ countries and a user base of 1.5 million.
Liquidity and Trading Volume
Liquidity is a crucial factor
for any crypto project. By listing on KoinBX, you
tap into the exchange's substantial trading volume. This liquidity not only
ensures that there's a market for your crypto but also reduces slippage, making
trading a smoother experience for users.
Vibrant Community Engagement
KoinBX doesn't just provide a
platform for trading; it fosters a vibrant and engaged community. When your
crypto is listed, it becomes part of this dynamic ecosystem. Users on KoinBX
actively discuss and engage with different digital assets, providing a valuable
opportunity for your project to gain visibility, build a community, and receive
feedback from real users.
Comprehensive User Experience
KoinBX prides itself on
offering a comprehensive and user-friendly experience. When your crypto is
listed, it becomes part of this ecosystem. Users can seamlessly trade, track,
and manage your crypto assets within the platform, enhancing its utility and
accessibility.
Community-Driven Innovation
KoinBX is not just an
exchange; it's a hub for innovation. The exchange actively seeks input from its
community and partners with promising crypto projects to drive innovation in
the crypto space. By listing your crypto on
KoinBX, you align your project with this spirit of innovation and
forward-thinking.
Conclusion: Your Gateway to Global Success
Listing your crypto on KoinBXis
Easy:
1. Visit
- https://koinbx.com/list-your-crypto-on-koinbx
2. Fill the
required Details
3. Their
Team will contact you as soon as possible.
In the crypto world,
visibility and accessibility are paramount. KoinBX offers precisely that - a
gateway to global success, a platform where your crypto can thrive, and a
community that welcomes innovation. So, if you're ready to go global and make
your mark in the crypto space, consider listing your crypto on KoinBX. It could
be the catalyst your project needs to reach new heights inthe world
of cryptos.
In the world of crypto, where
every second matters, KoinBX has celebrated the trip as well as the years. They
are thrilled to offer their heartfelt appreciation to their dedicated user base
with a fantastic anniversary giveaway as they embark on another year.
KoinBX is celebrating its anniversary with a bang!
Thanks to the amazing support they've gotten from their users, the giveaway
period is now open until October 4th, 2023 - so you've got plenty of time to
get involved and grab! One of the most exciting things is the huge giveaway for
the SHIB token - 125,000 giveaways.
If you're a new user, you'll
be welcomed with a warm welcome:
With KoinBX’s red carpet
giveaways, there’s something for everyone who wants to get into crypto.
Welcome GiveAway:
KoinBX is pleased to announce
a generous giveaway in which new users will be presented with SHIB tokens worth
up to 25,000. To take advantage of this offer, users must either download and
log in to their Android/ iOSapplication
or register their account on the official website of KoinBX.
KYC Completion Giveaway:
Upon successful verification
of your identity, you will be rewarded with a bonus of 25,000 additional SHIB
tokens.
First Trade Giveaway:
Upon successful completion of
your first trade, you will receive 50,000 SHIB tokens. Your initial step into
the crypto world has never been more exciting.
Referral Giveaway:
The concept of sharing is
deeply meaningful, particularly in the crypto world. Share your referral link
with your friends or crypto-savvy acquaintances to become a member of KoinBX.
For every successful referral, you will receive 25,000 SHIB tokens.
For current users, your
sustainability efforts will be rewarded:
KYC Completion Giveaway:
If you're an existing user,
you don't have to worry either! Just complete your KYC verification and you'll
get 25,000 SHIB tokens to show your gratitude.
First Trade Giveaway:
Get ready to start your crypto
trading adventure. They will reward you with 50,000 SHIB tokens if you succeed
in your first trade.
Referral Giveaway:
Connect with your network and
reap the rewards of KoinBX. For each successful referral, you will receive
25,000 SHIB tokens.
Zero Trading Fee on Top
Cryptos:
To make the crypto experience
even more enjoyable, They offer zero trading fees on the top five cryptos on
their platform.
The following cryptos and
trading pairs are eligible for this amazing offer:
·
Bitcoin (BTC/INR, BTC/USDT)
·
Ethereum (ETH/INR, ETH/USDT, ETH/BTC)
·
Solana (SOL/INR, SOL/USDT, SOL/ETH, SOL/BTC)
·
Ripple (XRP/INR, XRP/USDT, XRP/ETH, XRP/BTC)
·
Polygon (MATIC/ETH, MATIC/BTC, MATIC/INR,
MATIC/USDT)
Grab the giveaway:
KoinBX Mega Anniversary
Giveaways are a once-in-a-lifetime opportunity for new and existing users alike
to increase the value of their crypto portfolios and welcome the future of
finance.
Don't miss out on this unique
opportunity – the clock is ticking! Take advantage of the opportunity to
explore the world of crypto with KoinBX. Keep in mind that the giveaway period
is now extended to October 4th 2023. Take advantage of the SHIB tokens with
zero trading fees and start your journey today!
There's
always something new going on in the crypto world. People are always looking
for new ways to trade, whether it's for better features, more secure trading,
or a wider variety of trading opportunities. Txbit users who are ready to try
something new should look no further than one of the top crypto exchanges out
there. In today's blog, we'll take a look at why KoinBX is one of the top Txbit
alternatives out there.
About
Txbit Cessation:
When
the exchange declared its closure, existing users of Txbit found themselves in
a challenging situation.
It
has been harder for Txbit to operate in the present context of rising
compliance expenses and declining product margins because of the strict crypto
rules in place and the ambiguity surrounding the legal status of cryptos in
many places.
On
September 14th, 2023, Txbit will discontinue its operations. This date marks
the conclusion of its operations.
The
Top Features that Make KoinBX the Ideal Alternative for Txbit Users:
KoinBXhas quickly become well-known for a number of
compelling reasons. Its dedication to security comes first and foremost.
Security continues to be crucial given the rise in hacking attempts and
security breaches in the crypto sector. Modern encryption methods and
multi-factor authentication are used by KoinBX to protect consumers' valuables.
Both inexperienced and seasoned traders have come to trust them because of
their track record of protecting their funds.
The
wide range of cryptos available on KoinBX is another noteworthy aspect of the
platform. Koinbx goes above and above by consistently releasing fresh and
exciting digital assets. Users have an advantage over rivals in the constantly
shifting crypto industry because of the diversity that enables them to research
and invest in new initiatives.
Additionally,
they provide traders of all experience levels with a user-friendly interface.
The platform's user-friendly design guarantees a flawless experience regardless
of whether you are an experienced expert or are just putting your toes into the
crypto waters. Users may easily execute trades effectively thanks to real-time
charting, sophisticated order types, and configurable dashboards.
Their
commitment to customer support has also impressed many users. Their responsive
support team is available 24/7 to assist with any issues or queries,
ensuring that traders never feel alone in their crypto journey.
KoinBX further sets itself apart with reasonable costs and an open pricing structure. Users value the simple pricing structure since it makes it easier for them to estimate expenses and make decisions.
Conclusion:
KoinBX has
emerged as a compelling alternative for Txbit userslooking for a fresh perspective in the crypto
exchange arena. With its focus on security, diverse crypto offerings,
user-friendly interface, responsive support, and competitive fees, KoinBX is
positioned to become a top choice for traders seeking a reliable and innovative
platform in the ever-evolving world of crypto. As the crypto market continues
to grow and evolve, KoinBX is undoubtedly a name to watch.
To
Know more about KoinBX Offers for Txbit Users: https://tinyurl.com/yfjadz6v
The
world of crypto is known for its changing nature, where constant transformation
is the norm. If you're someone who uses Txbit you're probably familiar with the
highs and challenging lows that come with crypto trading. However, as the
crypto landscape progresses traders are presented with a range of options.
Today we want to introduce you to something exciting, in the crypto sphere –
KoinBX. In this blog post, we'll delve into why Txbit users have every reason
to be thrilled about KoinBX as the Best alternativeoption.
KoinBX
is a rising star in the world of crypto exchanges, and it's capturing the
attention of former Txbit users with its array of benefits and innovative
features. These new alternative promises to redefine the crypto trading
experience in numerous ways, making it a platform worth exploring.
Txbit's
Void:
Existing
Txbit users faced a difficult situation when the exchange announced its
closure.
Txbit
offered a user-friendly user experience, a broad range of cryptos supported,
and a powerful trading engine. With the closure of Txbit, there is a need for
an exchange that offers a similar experience without sacrificing security and
efficiency.
Due
to the stringent crypto regulations in place and the lack of clarity regarding
the legal status of cryptos in many jurisdictions, it has become increasingly
challenging for Txbit to continue in the current environment of increasing
compliance costs and decreasing product margins.
Their
current situation is preventing them from moving forward, even though they had
a clear vision when they began.
Txbit
is set to end its activities on September 14th, 2023, on which date it will
cease all operations.
Why
KoinBX Might Be the Perfect Txbit Alternative:
First and foremost, KoinBXoffers a seamless and user-friendly interface that
appeals to both newcomers and seasoned traders. Its intuitive design ensures
that even beginners can navigate the platform with ease, while advanced users
can appreciate the depth of its functionalities.
One of KoinBX's standout features is its commitment to security. The
exchange employs cutting-edge encryption techniques to protect user data and
funds, earning the trust of crypto enthusiasts concerned about the safety of
their investments. Additionally, KoinBX employs a robust KYC (Know Your
Customer) process, which enhances security and ensures compliance with
regulatory requirements.
KoinBX also distinguishes itself through its impressive range of
supported cryptos. Users can trade an extensive list of digital assets,
including popular coins like Bitcoin and Ethereum, as well as promising
altcoins.
Furthermore, KoinBXhas gained a reputation for excellent customer
support. Its responsive team is available 24/7 to address user inquiries
and concerns, fostering a strong sense of trust and reliability among its user
base.
Another key advantage of KoinBX is its competitive fee structure, which
often proves more cost-effective than rival exchanges. Lower fees mean more
profits for traders, a crucial factor for those who are actively managing their
portfolios.
Conclusion:
The crypto revolution is in full swing, and embracing change can lead to
growth. KoinBX stands as the ultimate alternative for
Txbit users, offering a user-friendly interface, a diverse selection of cryptos,
advanced trading tools, robust security, responsive customer support, and
competitive fees. Transition today and be part of the trading revolution with
KoinBX, where your crypto portfolio is poised for success in this new era of
possibility.
This article provides a comprehensive overview
of the leading alternative crypto exchange platform for Txbit users.
Crypto
trading is undergoing a period of rapid transformation, and staying ahead of
the curve necessitates flexibility. If you are a former Txbit user, it is time
to broaden your horizons and take part in the trading revolution with the KoinBX
platform. In this blog
post, will explain why KoinBX is not only an alternative platform but also the
best option for Txbit users looking for a superior trading experience.
Txbit
- A Preamble:
What
is Txbit? Txbit is an Amsterdam-based crypto exchange. Founded in 2019, Txbit
was built from scratch to meet the needs of modern-day traders. The company’s
mission statement is “Safety, Privacy, Trust, and Speed.” Txbit is a
centralized crypto exchange designed for everyday traders
The
crypto rules are pretty strict and there's a lot of confusion about what's
allowed and against what in many countries. It's not possible for Txbit to keep
doing what they've been doing in a situation where compliance costs are going
up and their margins are constantly going down.
They
had a pretty good idea of what they were doing when they started out, but now
that they're in the situation they're in, they're not going to be able to
reach. On September 14th, 2023, Txbit is gonna be closing down.
KoinBX-The
ultimate alternative for Txbit users:
As
one of the top crypto exchanges in the world, KoinBXhas become a go-to place for traders of all
levels, from beginners to seasoned pros, corporate traders, and anyone else
looking to get the most out of their crypto trading. With better liquidity and
a huge selection of crypto products, you're sure to find the perfect trading
opportunity for you.
KoinBX
has earned the trust of traders and investors due to its impressive array of
features, as well as its robust security measures to safeguard the user's
assets. Users can navigate and trade with ease, without missing critical market
events, thanks to the customizable user interface, up-to-date market updates
and spot trading capabilities, as well as the ability to trade with multiple
cryptos, as well as quick access to essential functions. It's available on both
Android &
iOSplatforms.
It
is designed to provide traders with a more efficient and secure trading
experience by incorporating the following features:
Impeccable
Interface:
They
had a better user experience and a more organized platform that makes it easier
to find and use features and functions like trading pairs, various order types
and different payment methods for a hassle-free crypto trading experience.
Ultimate
Security:
It offers a comprehensive suite of security features, including Two-Factor Authentication with mobile/email verification, a unique transaction identification code, an encrypted wallet, and an authentication code for secure device compatibility. All of these features help KoinBX provide a superior level of data protection and facilitate secure fund transfer transactions at any time.
Diversified
Crypto Portfolio:
KoinBXhas a wide range of cryptos to choose from,
including popular ones like Bitcoin and Ethereum, as well as stable ones like
Tether. It also supports a bunch of different altcoins.
Affordable Trading Fee:
The
trading fee at KoinBX is lower than the trading fee of its rivals, which is
good for its global traders/investors.
Round-the-clock
Support:
Our
customer support team is available around the clock, seven days a week, to
provide traders with professional support and a comprehensive knowledge base.
Summing
up:
The
crypto world is full of possibilities, and sometimes change is the best way to
grow. If you're thinking about switching from Txbit to KoinBX, it's
not just a good alternative - it's the best alternative! KoinBX has an easy-to-use interface, a huge
cryptocurrency portfolio, top-notch trading tools, strong security, quick
support, and great fees.
To know more visit:https://tinyurl.com/yfjadz6v
This write-up
explains what is Arbitrum and how to buy Arbitrum (ARB) with INR(ARB/INR)
on KoinBX crypto exchange App (Android&
iOS).
Scalability
has been a recurring difficulty in the ever-changing ecosystem of blockchain
technology and cryptocurrencies. Ethereum, the second-largest blockchain
network by market value, has suffered transaction speed and cost constraints.
Arbitrum (ARB) comes into play in this situation. Arbitrum is an Ethereum 2
scaling solution that tries to overcome these scalability difficulties. This
blog will go over what Arbitrum is and how it works.
Understanding
Scalability's Need:
It's
essential to comprehend why scalability is necessary for blockchain networks
like Ethereum before getting into Arbitrum. Ethereum has grown significantly in
popularity thanks to its support for smart contracts and decentralised apps
(DApps). But as the network's user base expanded, it became obvious that
scalability issues existed.
The
native blockchain of Ethereum imposes restrictions on transaction costs and
speeds. Congestion develops on the network as more users and DApps utilise it,
which causes transaction times to lag and costs to rise. In order to solve
these problems, Layer 2 technologies like Arbitrum are used.
Arbitrum:
A
technological suite called Arbitrum is a cryptosystem that enables smart
contracts and is intended to increase the speed, scalability, and privacy of
Ethereum. The layer-two solution is made to make it simple to run Ethereum
transactions and contracts on a second layer while still taking advantage of
Ethereum's strong layer-one security. Like Ethereum, Arbitrum enables
cryptocurrency traders to establish smart contracts by utilising code to
specify how a Virtual Machine (VM) will operate when the contract's
functionality is executed.
Arbitrum
records batches of submitted crypto transactions on the Ethereum main chain
before executing them on a low-cost and scalable layer-two sidechain via a
method known as transaction rollups. While leveraging Ethereum to produce
proper results. As a result, Ethereum's computational load and storage
complexity are significantly reduced.
Working
Principle:
Arbitrum's
optimistic roll-up technology enables smart contracts to scale up by
distributing messages between smart contracts on the Ethereum main chain and
smart contracts on the Arbitrum second layer chain. On the second layer,
transaction processing is completed. The outcomes are recorded on the Ethereum
main chain, considerably enhancing speed and efficiency.
Any
validator node can submit a rollup block and approve the validity of additional
blocks. Rollup describes how to use public information to rebuild the chain's
whole history from an optimised record of events. As long as any validator node
is truthful, the Arbitrum protocol executes the code correctly. This helps to
defend against network attacks.
Individual
nodes on many blockchains can choose to join the Arbitrum chain. Validator
nodes are involved in sensing the chain's state, and full nodes help in merging
layer-one transactions. Aggregators who send transactions to the layer-one
chain receive Ethereum incentives, while the remaining user transaction fees
are allocated to other network users.
Arbitrum
adds a challenging step for roll-up blocks, with validator nodes assessing the
integrity of a block and issuing a challenge if it is thought to be incorrect.
If the block is found to be wrong or a challenge is proven to be unreasonable,
the dishonest validator's stake is forfeited. As a result, the validators must
always play fairly or face the repercussions.
The
execution environment for Arbitrum smart contracts is the Arbitrum Virtual
Machine (AVM), which exists above the Ethereum bridge. The Ethereum bridge is a
collection of smart contracts that communicate with the Arbitrum chain. The
smart contracts compatible with Ethereum are automatically interpreted to run
on the AVM.
How to
Buy, Sell and Trade Arbitrum (ARB) with INR on KoinBX Crypto Exchange App?
How to
Buy ARB with INR?
Follow the below steps to buy ARB,
1.Download KoinBX
Android Appor KoinBX
iOS App
2. Signup on the App.
3. Fill in the required details to create an account.
4. Complete your KYC verification process.
5. Add your bank account.
6. Deposit Fiat to your KoinBX account.
7. Click the Buy option to buy ARB with INR.
How to Sell ARB?
Follow the below steps to sell ARB,
1. Download KoinBX Android App or KoinBX iOS App
2. Signup on the App.
3. Complete your KYC verification process.
4. Add ARB to your KoinBX account.
5. Click the Sell option to find a buyer for ARB.
Once a buyer for ARB is found, you can start selling ARB
with Indian rupees (INR).
How to Trade ARB?
Click ARB/INRpair
to trade ARB with INR
Start
trading ARB anywhere and anytime with a great trading experience with KoinBX
Android Appor KoinBX
iOS App.
This write-up explains what is
BRISE and how to buy Bitgert (BRISE)with
INR(BRISE/INR) on KoinBX crypto exchange App (Android&
iOS).
Bitgert is a crypto platform
built on the Binance blockchain that aims to deliver solutions for worldwide
blockchain-based audits and goods by utilising the Brise Chain, a fast-working
blockchain. Bitgert has created its own ecosystem, which consists of several
products such as Web3, NFTs, DeFi, and others that allow users to participate
in buying, selling, trading, and exchanging operations.
Sandra Lou launched Bitgert as
a mobile application on the Binance chain on July 6, 2021. It was first known
as Bitrise, and its native token was known as BRISE. It was renamed Bitgert in
December 2021. The total supply of BRISE tokens is limited to
1,000,000,000,000,000.
BRISE:
BRISE is the native coin of
the Bitgert ecosystem, which functions through smart contracts. These smart
contracts make BRISE interoperable with ERC-20 and BEP-20 tokens, as well as
efficient for exchanges and swapping. Within the Bitgert ecosystem, the BRISE
token can be used to access the following services.
•
For paying gas fees to execute smart contracts.
•
Used as token staking.
•
Used on the Brise Chain as a peer-to-peer (P2P)
payment service.
•
To compensate network stakeholders
In addition to these token
services, the Bitgert ecosystem has a solid operating framework in place to
assure token stability. Bitgert has created a repurchase mechanism to improve
the token price through increased demand for BRISE in the crypto market while
improving stakeholder confidence in both the coin and the network. This aids in
the development of a network capable of assisting worldwide players with
various blockchain-based solutions. As a deflationary measure, 5% of transaction
fees are directed to a repurchase plan. Furthermore, 3% of transaction fees are
used for marketing, while the remaining 4% is used for staking incentives.
BRISE chain:
The Brise Chain is Bitgert's
native blockchain, capable of processing up to 100,000 transactions per second
(TPS) while charging a cheaper cost. Brise Chain was built with a dual chain
architecture, which means it enables the activities of two different blockchain
networks while enabling the execution of developmental and operational
operations on the blockchain. The Brise blockchain platform enables investors
to create Decentralised Applications, as well as trade and do other activities
on the network.
Main Feature:
EVM-compatibility:
Supports
all of the currently available Ethereum assets and tools, has quick processing
speeds, and charges lower transaction fees.
Interoperability:
Decentralised apps built on
the Brise chain may run efficiently on both the Ethereum and Brise networks,
maximising scalability and giving a fast and smooth experience.
Making of BRISE token:
On the Brise chain, BRISE
coins are generated by a Proof-of-Authority (PoA) mechanism. The block makers
become validators in the PoA paradigm, who are pre-approved and picked by the
Bitgert organisation. To become a validator, block owners must identify their
true names, put funds in the token to ensure a long-term commitment, and
persevere in the same manner as other applicants. This PoA mechanism is used by
pre-approved validators to mine tokens by validating transactions on the Brise
Chain. A reputation is associated with an identity in the PoA system. This
encourages validators to uphold the transaction process in order to avoid a
negative reputation on the blockchain. PoA is more durable than PoS.
Advantages:
• Lowest possible fee or almost no fee for each transaction.
•
Handles around 100,000 transactions per
second, which is greater than Solana's current capacity.
•
All users benefit from a defined buy-back
function.
•
A decentralised network is used to settle
cross-border transactions.
•
Provides staking rewards.
•
Free smart contract audits for Bitgert
ecosystem projects.
Tokenomics:
Name: Bitgert
Ticker Name: BRISE
How to Buy, Sell and Trade Bitgert
(BRISE) with INR on KoinBX Crypto Exchange App?
How to Buy BRISE with INR?
Follow the below steps to buy BRISE,
1.Download KoinBX
Android Appor KoinBX
iOS App
2. Signup on the App.
3. Fill in the required details to create an account.
4. Complete your KYC verification process.
5. Add your bank account.
6. Deposit Fiat to your KoinBX account.
7. Click the Buy option to buy BRISE with INR.
How to Sell BRISE?
Follow the below steps to sell BRISE,
1. Download KoinBX Android App or KoinBX iOS App
2. Signup on the App.
3. Complete your KYC verification process.
4. Add BRISE to your KoinBX account.
5. Click the Sell option to find a buyer for BRISE.
Once a buyer for BRISE is found, you can start selling BRISE
with Indian rupees (INR).
How to Trade BRISE?
Click BRISE/INRpair
to trade BRISE with INR
Start trading BRISE anywhere
and anytime with a great trading experience with KoinBX
Android Appor KoinBX
iOS App.
This write-up explains what is
Litecoin and how to buy Litecoin (LTC)with INR(LTC/NR)
on KoinBX crypto exchange App (Android&
iOS).
Litecoin (LTC) is a crypto
that prioritises network transaction speed. It is powered by the Litecoin
blockchain.
LTC was founded in October
2011 by Charles "Charlie" Lee, a former Google developer. Litecoin
was based on the open-source code of Bitcoin but with many alterations.
Litecoin was built on an open-source global payment network that is not
centralised. Litecoin varies from Bitcoin in several ways, including its
quicker block creation rate and usage of Script as a proof of work system.
It contains features that are
comparable to those of Bitcoin but with a different algorithm. The objective of
crypto is to be used as a medium for regular commerce. Compared
to Bitcoin, Litecoin processes transactions more quickly.
Litecoin has long been
regarded as a response to Bitcoin. In fact, when Lee first revealed Litecoin on
a prominent Bitcoin forum, he referred to it as the "lite version of
Bitcoin." As a result, Litecoin shares many of Bitcoin's characteristics
while also adapting and modifying certain other areas that the development team
believed should be improved.
Litecoin’s Algorithm:
Bitcoin,
Litecoin, and many other cryptocurrencies employ the proof-of-work (PoW) method
to secure their networks. In essence, PoW demands that one party demonstrate to
the other network participants that the necessary amount of computing effort
has been made. Litecoin utilises the less resource-demanding Scrypt PoW hashing
technique in contrast to Bitcoin, which uses the SHA-256 PoW hashing algorithm.
crypt
was once developed by way of Lee especially to make large-scale, custom-built
hardware assaults on the forex greater difficult. Bitcoin's SHA-256 algorithm
no longer requires a lot of random get entry to reminiscence (RAM) as an
obstacle to parallel processing, whereas Scrypt does.
BTC
vs LTC:
Although
it started as a fork of Bitcoin, Litecoin is different from the original.
First, with a block time of 2.5 minutes, it exceeds the block restrictions of
its parent protocol. The network is intended to function as a faster, lighter
version of Bitcoin.
In
order to prevent becoming dominated by Application Specific Integration Circuit
(ASIC)-based miners and to promote the growth of CPU and GPU miners, Litecoin
utilises the Scrypt hash function as opposed to Bitcoin's SHA-256. ASIC miners
might eventually invade the Litecoin mining industry.
Litecoin's
key advantage is speed, whereas Bitcoin was designed for utmost security and
immutability. It can execute transactions quickly and prevent payment delays
because it is a lighter version of Bitcoin. Bitcoin payments are completed in
about nine or ten minutes, which may be too long in some cases. Bitcoin
provides more security because it gives information more time to disseminate
across a worldwide network of peers before transactions are confirmed.
Litecoin’s
Uniqueness:
Litecoinis the second most popular crypto after
Bitcoin due to its simplicity and obvious value benefits. Litecoin is the most
well-known crypto, and over 2,000 traders and businesses worldwide already
accept LTC.
The
main advantages are speed and cost-effectiveness. Litecoin transactions are
completed swiftly and without fees. This makes it an appealing option to
Bitcoin in poorer nations, where transaction fees may be a deciding factor in
deciding which cryptocurrency to support.
On
January 31, 2022, Litecoin received the Mimblewimble Extension Block (MWEB)
upgrade. MWEB is a significant improvement to the Litecoin network that adds
fungibility and improves scalability. It will be an optional feature that will
allow LTC to be the most fungible and cash-like cryptocurrency.
How to Buy, Sell and Trade Litecoin
(LTC) with INR on KoinBX Crypto Exchange App?
How to Buy LTC with INR?
Follow the below steps to buy LTC,
1.Download KoinBX
Android Appor KoinBX
iOS App
2. Signup on the App.
3. Fill in the required details to create an account.
4. Complete your KYC verification process.
5. Add your bank account.
6. Deposit Fiat to your KoinBX account.
7. Click the Buy option to buy LTC with INR.
How to Sell LTC?
Follow the below steps to sell LTC,
1. Download KoinBX Android App or KoinBX iOS App
2. Signup on the App.
3. Complete your KYC verification process.
4. Add LTC to your KoinBX account.
5. Click the Sell option to find a buyer for LTC.
Once a buyer for LTC is found, you can start selling LTC with
Indian rupees (INR).
How to Trade LTC?
Click LTC/INRpair
to trade LTC with INR
Start trading LTC anywhere and
anytime with a great trading experience with KoinBX
Android Appor KoinBX
iOS App.
This write-up explains what is
Cardano and how to buy
Cardano (ADA) with INR(ADA/NR) on KoinBX crypto exchange App
(Android&
iOS).
Cardano is one of the world’s largest
crypto and a blockchain-based platform built on the Proof-of-Stake (PoS)
consensus algorithm. Cardano allows for the creation of decentralized apps
using smart contracts recorded on the Cardano blockchain.
Any crypto developers can use
Cardano's blockchain to construct their solutions. This is far easier and safer
than creating their own blockchain. The cryptocurrency ADA is fundamental to
this ecosystem and is utilised for various services such as network security
and transaction payment. As a result, the value of ADA is inextricably related
to the growth and success of the Cardano ecosystem.
Working Principle:
Being the most ecologically
friendly blockchain platform is what Cardano aims to achieve. It replaces the
energy-intensive proof-of-work approach now employed by Bitcoin and Ethereum
with an inventive proof-of-stake consensus mechanism identified as Ouroboros.
Cardano is based on the
Proof-of-Stake (PoS) consensus mechanism, which validates transactions via a
delegated voting system. A network of validators, or stakers, performs this
task and is compensated with ADA in exchange for their computer power by
validating and securing the network. With the help of Cardano's smart contract
platform, users may safely and dependably write and execute contracts. This
qualifies the platform for a variety of use cases, including prediction markets
and decentralised finance (DeFi) applications.
POS:
Validators are chosen at
random to confirm transactions and produce new blocks.
POW:
To confirm transactions and
add new blocks to the blockchain, a competitive validation approach is used.
How Ouroboros Works:
Ouroboros processes
transaction blocks by splitting chains into epochs, which are further separated
into time slots. Each time slot has a slot leader who is accountable for adding
a block to the chain.
History:
Cardano,a
third-generation blockchain project, was introduced in September 2017 by
Ethereum co-founder Charles Hoskinson. It builds on the first-generation and
second-generation blockchain technologies pioneered by Bitcoin and Ethereum.
The main objective is to create
a decentralised network capable of validating crypto transactions in a scalable
and safe manner while also assuring the Cardano platform's energy.
Cardano's primary network
became online on September 12, 2021, through the software update Alonzo,
making it feasible for developers to deploy decentralised apps on the network
for the first time.
Core
Concepts of ADA:
vScalability
vInteroperability
vSustainability
Advantages
of ADA:
vAcademic
Research
vSecurity
vEnergy
Efficiency
vSeamless
Upgrade
vDecentralization
The
architecture of Cardano:
Nodes
and Remote nodes:
A
blockchain system is made up of a network of nodes that interact with one
another to reach a consensus on the system's state.
Command
Line Interface (CLI):
The
Cardano node's CLI tool is the system's Swiss army knife. CLI is inconvenient
since it is text-based and lacks a Graphical User Interface (GUI).
Daedalus
Wallet:
Daedalus
is a full-node wallet that allows users to manage their Cardano accounts as
well as send and receive payments on the blockchain. Daedalus is made up of the
wallet's front and rear ends. The front end is a graphical program that people
can view and interact with. The backend is a service process that monitors the
user's wallet and handles coin selection, transaction generation, and
submission.
Benefits
of Cardano:
Cardano
has various advantages that make it a viable contender in the blockchain
industry. It is a highly secure platform that uses a proof-of-stake (PoS)
consensus process to maintain transaction integrity. It also provides a
decentralised platform for digital asset transactions, letting users to safely
and swiftly store and transfer these assets.
Cardano
also provides a smart contract framework, allowing users to design and deploy
safe and trustworthy apps. Developers may use smart contracts to construct
automated and secure apps without the need for a middleman. As a result, it is
an excellent alternative for investing in and managing digital assets.
How to Buy, Sell and Trade
Cardano (ADA) with INR on KoinBX Crypto Exchange App?
How to Buy ADA with INR?
Follow the below steps to buy ADA,
1.Download KoinBX
Android Appor KoinBX
iOS App
2. Signup on the App.
3. Fill in the required details to create an account.
4. Complete your KYC verification process.
5. Add your bank account.
6. Deposit Fiat to your KoinBX account.
7. Click the Buy option to buy ADA with INR.
How to Sell ADA?
Follow the below steps to sell ADA,
1. Download KoinBX Android App or KoinBX iOS App
2. Signup on the App.
3. Complete your KYC verification process.
4. ADA your bank account.
5. Click the Sell option to find a buyer for ADA.
Once a buyer for ADA is found, you can start selling ADA with
Indian rupees (INR).
How to Trade ADA?
Click ADA/INRpair
to trade ADA with INR
Start trading ADA anywhere and
anytime with a great trading experience with KoinBX
Android Appor KoinBX
iOS App.
This write-up explains how to buy LDO with INR&
LDO with USDTonKoinBXa
global crypto exchange Apps (Android&iOS).
A
decentralized autonomous organization that provides staking infrastructure
for numerous blockchain networks is known as Lido DAO (LDO). The LDO platform,
in particular, offers a liquid staking solution for the Ethereum network,
allowing users to stake ETH and obtain stETH (Lido-staked ETH) tokens in
exchange.
Lido DAO is safeguarded by
audited code, decentralised governance, and smart contracts. The Lido protocol
uses smart contracts to handle user deposits and distribute staking rewards on
the Ethereum network. Several third-party security organisations have analysed
Lido's smart contracts to discover and solve potential flaws.
The platform's native token is
LDO, which also acts as the governance token for Lido DAO. Holders can vote on
key concerns such as board regulations, new integrations, and platform
improvements by participating in governance proposals. LDO holders possess the
rights to the platform's development and operation.
Users may stake the token on
the Lido platform to obtain ETH incentives and also use it to pay platform
transaction fees. Lido allows liquid staking for the following coins: Ethereum (ETH), Solana (SOL), Polygon (MATIC), Polkadot (DOT), and
Kusama (KSM). Lido is a liquid staking solution based on proof-of-stake (POS)
that brings together node operator partners that handle the fundamental
validator infrastructure on the Ethereum, Solana, and Terra blockchains.
What is LDO?
A Lido DAOgovernance token enables the staking platform's purpose of
creating a trustless staking platform. It provides decentralised ownership and
decision-making of the LDO autonomous structure, with authority choices made in
the Lido DAO community. LDO holders can vote on a choice that will affect the
LDO's future. This allows the decentralisation attribute to be maintained.
Founders:
Konstantin Lomashuk, Vasiliy
Shapovalov, and Jordan Fish founded Lido DAO in December 2020, following the
introduction of the Ethereum 2.0 Beacon Chain by a group of financial firms and
angel investors.
Uniqueness:
By pooling staked ETH from
various users, Lido intends to make staking more accessible to a wide variety
of users, which opposes the requirement for any technical skill on the part of
consumers. Additionally, users do not need to commit a minimum amount of
ETH to operate their own validator, allowing more individuals to stake their
ETH.
The Lido DAO protocol's most significant
version, Lido V2, is intended to provide a highly efficient and customizable
staking solution for Ethereum 2.0.
One of the primary aspects of
Lido V2 is the Liquid Staking concept, which allows users to deposit ETH into
the Lido pool and obtain staked ETH (stETH) tokens. These tokens may be
exchanged on secondary marketplaces or utilised on "LSDFi" protocols,
giving users a liquid version of staked ETH to use for various reasons.
Overall, the Lido DAO network is
a strong and secure system that allows users to participate in governance and
earn benefits while also protecting the network.
Security:
Smart contracts encrypt funds,
making them unavailable to validators. Following that, LDO token holders vote
on the Lido DAO platform to assess, choose, and onboard new node operators and
punish existing node operators who breach network regulations. Lido Bug Bounty
programmes are designed to prevent user funds from being lost, denial of
service, governance takeovers, data breaches, and leaks.
Pros-
Decentralized:
Lido DAO is totally
decentralised, which means that everybody who possesses LDO has the opportunity
to vote on Lido's destiny.
Flexibility with Staking:
The platform of Lido DAO allows
for the staking and withdrawal of any amount of Ethereum 2.0, Terra, or Solana
(SOL). Unlike the ETH 2.0 Beacon Chain, users are not required to stake
multiples of ETH.
Tokenomics:
Token Name: Lido DAO
Ticker Name: LDO
Total Supply: 1,000,000,000
Circulating Supply: 879,612,009.47
Max Supply: 1,000,000,000
Market Cap: $2B
How to Buy LDO?
Follow the below steps to buy LDO coins,
1. Signup with KoinBX.
2. Fill in the fundamental details to create an account.
3. Complete your KYC verification process.
4. Add your bank account.
5. Deposit Fiat to your KoinBX account.
6. Click Buy to start buying LDO
with Indian rupees (INR)& Tether
(USDT).
How to Sell LDO?
Follow the below steps to sell LDO coins,
1. Signup with KoinBX.
2. Complete your KYC verification process.
3. Link your bank account.
4. Click the Sell option to find a buyer for LDO.
Once a buyer for LDO is found, you can start selling LDO with Indian rupees
(INR) & Tether (USDT).
How to Trade LDO?
LDO/INR -> https://koinbx.com/trade/LDO-INR
LDO/USDT -> https://koinbx.com/trade/LDO-USDT
To make your LDO trade anywhere, anytime with the great trading experience with
KoinBX Androidand iOSapp.
