Generate a Passive Income through Crypto Mining
Bitmart Blog
by Jacques Serfontein
2y ago
Start making Passive income with Altcointrader and Bitmart. Since the lockdown started our economy has been under severe strain and lots of people are facing hardships in their communities. Trading Crypto Currencies and Mining Crypto have proven to be very lucrative for some in keeping the lights during the pandemic where work got scarce and many lost the breadwinners in their families. Altcointrader was established in 2015 and has the widest variety of Crypto Currencies in South Africa listed including Gold and Silver coins. The newest addition to the Altcointrader platform is their Savings ..read more
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Bitmart welcomes Crypto Regulation in SA amidst MTI collapse
Bitmart Blog
by Jacques Serfontein
3y ago
Bitmart Welcomes Crypto Regulation in South Africa amidst MTI collapse. Bitmart was established in 2015 as an innovative company that explored mining Bitcoin back in the day with Antminer S1, S3 and S4 machines and later started importing and selling Cryptocurrency Mining hardware for the average Joe and Tinkers that wanted to explore Blockchain and Crypto Mining as a hobby. Bitmart now welcomes the Crypto Regulation set forth by the FSCA as the next level of growth and acknowledgement in the Crypto Space in South Africa. If you are new to Bitcoin check this guide out. Crypto Regulation Sinc ..read more
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Cash Africa Partners with Bitmart
Bitmart Blog
by Jacques Serfontein
3y ago
Cash Africa Partners with Bitmart. GJ Wentzel, CEO of Cash Africa in South Africa has been a long time client of Bitmart and friend of Bitmart CEO Jacques Serfontein. Together they endured the SA Lockdown and the COVID 19 Pandemic only to emerge stronger entrepreneurs than before. Look if you can survive in South Africa with Lockdown, COVID19 and load-shedding you can make it anywhere You can now purchase items from Bitmart and upon checkout select finance options to get a quote and possible approval within 24 to 48 hours. Cash Africa was established in 2018 by lifelong entrepreneurs who have ..read more
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Did Bitmart Close? Nope we just Moved!
Bitmart Blog
by Jacques Serfontein
4y ago
Did Bitmart Close? Nope, we Just Moved! So many of you might have seen all the Facebook posts, banners, adverts and media posts announcing our move. Well, let’s discuss it quickly. What made the largest distributors of Cryptocurrency mining hardware in South Africa move? Well, it’s simple; as a growing business, we made the decision to invest in our own building and not pay rent anymore. See its quite simple for a company to rather invest in assets that give them move value and at the same time enjoy tax benefits that come with the owning of your own immovable assets. Over the past few years ..read more
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Unique Lotteries in the World
Bitmart Blog
by Jacques Serfontein
4y ago
Unique Lotteries in the World An adequate definition of the term lottery, according to Merriam-Webster, is ‘an event or affair whose outcome is or seems to be determined by chance’. In other words, when you decide to take your chances with a lottery, the only thing you can do is hope for the best.   The most common type of lottery includes buying a ticket with a few numbers, or sometimes choosing your own from a certain range of numbers. Then you wait for the draw and if your numbers are among the picked ones, you get a prize.   In most cases, there is a money prize that can be quite high, dep ..read more
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Steps to consider before launching a new product as a small business
Bitmart Blog
by Jacques Serfontein
4y ago
When your business starts blooming, you might be tempted to take the next step towards your business’s goals and launch a new product. Before you begin to think about all the potential profits your company can make, you need to ensure that this is a calculated step. It’s important to consider things through, especially when it comes to your business. An impulsive decision can affect your bottom line, which is something no business owner wants. So, before promoting your new product, read this article to get an understanding of what you need to consider. Figure out the costs Thinking about the c ..read more
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Buy and sell Bitcoin at a stable price with Bitmart OTC
Bitmart Blog
by Adele Schormann
4y ago
Have you heard the saying “the whales are pumping or dumping”? This means that a Bitcoin whale, someone with a large amount of Bitcoin is either buying or selling. This can have a drastic effect on the market as the price can either go up or down vigorously. So, what is the best way to buy and sell Bitcoin at a stable price? The Bitmart OTC service! The current scenario Let’s say you wish to buy or sell a large amount of Bitcoin. You would go onto an exchange and sell or buy Bitcoin to the value of R1 million, for example. However, the problem with this scenario is that in most cases, exchange ..read more
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Top 4 rules to follow when investing in BTC
Bitmart Blog
by Adele Schormann
4y ago
Bitcoin’s price has been going through a lot of ups and downs. One day the media praises Bitcoin (BTC) when the price reaches $12 000 but as soon as it goes down to $10 000, Bitcoin is a scam. Regardless, Bitcoin is still one of the best investment options available. The potential returns on Bitcoin are unsurpassed! Here are the top 4 rules to follow when investing in BTC. Top 4 rules to follow when investing in BTC DYOR Do Your Own Research (DYOR) is still as relevant today as it was two years ago. There are multiple tools one can use to ensure you are making the right investment choice. Th ..read more
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SARB one step closer to own digital currency
Bitmart Blog
by Adele Schormann
4y ago
The South African Reserve Bank (SARB) announced that they are exploring the possibility of an official digital currency, a Central Bank Digital Currency (CBDC). SARB one step closer to own digital currency. Is this good news for South Africans or not? SARB one step closer to own digital currency The news of CBDC was delivered by senior fintech analyst Gerhard Van Deventer in Sandton on Wednesday, 28 August. Van Deventer said the proposed digital currency would be backed by the South African Rand (ZAR). It would also be used as legal tender. Furthermore, he explained that CBDC can have two form ..read more
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What to expect from Bitcoin halving 2020
Bitmart Blog
by Adele Schormann
4y ago
Every four years, the Bitcoin blockchain network goes through a block reward having. In a nutshell, it reduces the rate at which Bitcoin is mined and makes it increasingly difficult to mine Bitcoin. The next Bitcoin halving event is set for May 2020. We take a look at what to expect from Bitcoin halving 2020. What is Bitcoin halving? This block reward halving event, reduces the rate at which new Bitcoins are mined by miners. The next Bitcoin halving is expected on 27 May 2020. It is said that the Bitcoin blockchain will drop from 12.5 BTC to 6.25 BTC. Bitcoin halving is a fixed event that occu ..read more
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