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CryptoBrokerage is expected to make an immediate impact into the cryptocurrency industry with the launch of BestecX, its best execution trading platform. Unlike any other in the market, the BestecX platform enables traders to execute best trades with prices aggregated from over 200 exchanges in order to give best available prices at any given time. Described as ‘booking.com’ of cryptocurrency market, BestecX will be the single integrated gateway into the world of cryptocurrency ecosystem by providing users information to make the best decisions without having to go through countless exchanges and platforms.

The current crypto ecosystem is disjointed

The current cryptocurrency market is dominated by over 2000 cryptocurrencies. Furthermore, there are more than 200 crypto exchanges and many are coming up in the following years. An ordinary user wanting to get into the cryptocurrency ecosystem will have to navigate many websites, exchanges, and platforms in order to get the best price deals. Furthermore, the prices can fluctuate anywhere between 2% and 20% from one exchange to another. This not only complicates the process but also locks out many potential users and doesn’t increase mainstream adoption.

The problem is further compounded by the cost implications. As a user navigates the current exchanges in order to find the best prices and security features, a lot of costs are incurred in the process. Majority of the exchanges have hidden costs and there is no transparency about costs such as withdrawal, storage, selling or buying fees. This process ends up frustrating many potential adopters of cryptocurrencies.

Cutting-edge features

CryptoBrokerage promises to change all that with the launch of the BestecX platform. it has the following features to address the problem in the industry.

cryptobrokerage smart phone version

Best execution prices: In any form of trade system, precision in terms of buy and sell price is crucial because it determines your success as a trader. The platform gives users power to execute trades at best prices. This is done through a single and secure log-on gateway. Through API connections to multiple exchanges, CryptoBrokerage platform is able to give users the best experience than any other product in the market.

Arbitrage Platform: To take advantage of the price differences across the many exchanges, BestecX would enable our users to make profits through arbitrage trading. The BestecX arbitrage platform would constantly run in-built bots 24hours a day to determine arbitrage opportunities and allow our users to execute trades with a click of the mouse as well as automatically

Transparent fee structure: There are three plans that a user can choose: basic, premium and enterprise. The basic plan is free and targets individual investors. The premium plan costs £30 per month and targets professional traders and the third plan is Enterprise targeting institutional investors and OTC desks. For specific fees on this plan, contact the team directly.

Informational terminal: gives you up-to-date news, support, educational materials to help you navigate the cryptocurrency ecosystem.

Single integrated gateway: unlike the current case of managing multiple passwords, KYC and onboarding, the CryptoBrokerage platform has a single log-on process providing the user access to various cryptocurrencies listed on multiple exchanges.

ICO platform: This platform will be providing cryptocurrency projects with an opportunity to list on CryptoBrokerage and get investors. This is meant to ease the process of conducting an ICO for crypto projects. Through a careful project shortlisting process, the platform will give investors an opportunity to invest in pre-sale as well as the main sale. To ensure transparency and authenticity, funds raised are released based on milestones met. Therefore, investors are able to avoid scams and invest in worthwhile projects.

Investment platform: an easy to use platform accessible to all based on the expertise of professional traders. Supported by artificial intelligence, it enables predictive solutions thus facilitating aggregation of best opportunities and support decision making.

Payment App: BEXT App enables users to make fast and secure payments either in fiat or crypto on various stores. Converting from crypto to fiat becomes seamless and so payments can be made using conventional methods such as debit or credit card.

Different type of investors: the platform targets a different type of investors: retail investors (B2B), institutional investors (B2B), professional traders (B2C), OTC Brokerages (B2B), cryptocurrency potentials (B2C) and Cryptocurrency Newbies (B2C).

Benefits to users

  •         Safe and secure universal gateway for all cryptocurrency trading
  •         World class aggregator function to consolidate the best available prices
  •         Fully integrated real-time consolidated data feed
  •         24 hours multilingual customer support in the following languages: English, Chinese, Korean.
  •         Decision making capability supported by artificial intelligence to guide users
  •         A smooth and simple registering and sign-up process
  •         An integrated universal wallet which provides automated maximum security
  •         BEXT token to facilitate transactions throughout the platform

Competent and experienced team

The CryptoBrokerage team has a combined 30+ years’ experience in financial systems, IT solutions, cryptocurrency exchanges, data engineering, database design, and management. Furthermore, the team has managed different projects that have been launched and implemented successfully.

The team is currently building the demo product which is scheduled to go live in January 2019. The demo will support 17 exchanges, 4 cryptocurrencies including ETH and BTC and 18 cryptocurrency pairings.

The team is also looking for private investors to help execute the project. Investors can contact the team on

info@crbkofficial.com

if you want to discuss partnership or adding your exchange to CryptoBrokerage platform, contact the team on support@crbkofficial.com

Website: https://crbkofficial.com/

Telegram: https://t.me/CryptoBrokerageico2018

Twitter: https://twitter.com/CrbkOfficial

Facebook: https://www.facebook.com/CRBKOfficial/

The post CryptoBrokerage: world’s best execution crypto trading platform to launch soon appeared first on coinweez.

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CryptoBrokerage is expected to make an immediate impact into the cryptocurrency industry with the launch of BestecX, its best execution trading platform. Unlike any other in the market, the BestecX platform enables traders to execute best trades with prices aggregated from over 200 exchanges in order to give best available prices at any given time. Described as ‘booking.com’ of cryptocurrency market, BestecX will be the single integrated gateway into the world of cryptocurrency ecosystem by providing users information to make the best decisions without having to go through countless exchanges and platforms.

The current crypto ecosystem is disjointed

The current cryptocurrency market is dominated by over 2000 cryptocurrencies. Furthermore, there are more than 200 crypto exchanges and many are coming up in the following years. An ordinary user wanting to get into the cryptocurrency ecosystem will have to navigate many websites, exchanges, and platforms in order to get the best price deals. Furthermore, the prices can fluctuate anywhere between 2% and 20% from one exchange to another. This not only complicates the process but also locks out many potential users and doesn’t increase mainstream adoption.

The problem is further compounded by the cost implications. As a user navigates the current exchanges in order to find the best prices and security features, a lot of costs are incurred in the process. Majority of the exchanges have hidden costs and there is no transparency about costs such as withdrawal, storage, selling or buying fees. This process ends up frustrating many potential adopters of cryptocurrencies.

Cutting-edge features

CryptoBrokerage promises to change all that with the launch of the BestecX platform. it has the following features to address the problem in the industry.

cryptobrokerage smart phone version

Best execution prices: In any form of trade system, precision in terms of buy and sell price is crucial because it determines your success as a trader. The platform gives users power to execute trades at best prices. This is done through a single and secure log-on gateway. Through API connections to multiple exchanges, CryptoBrokerage platform is able to give users the best experience than any other product in the market.

Arbitrage Platform: To take advantage of the price differences across the many exchanges, BestecX would enable our users to make profits through arbitrage trading. The BestecX arbitrage platform would constantly run in-built bots 24hours a day to determine arbitrage opportunities and allow our users to execute trades with a click of the mouse as well as automatically

Transparent fee structure: There are three plans that a user can choose: basic, premium and enterprise. The basic plan is free and targets individual investors. The premium plan costs £30 per month and targets professional traders and the third plan is Enterprise targeting institutional investors and OTC desks. For specific fees on this plan, contact the team directly.

Informational terminal: gives you up-to-date news, support, educational materials to help you navigate the cryptocurrency ecosystem.

Single integrated gateway: unlike the current case of managing multiple passwords, KYC and onboarding, the CryptoBrokerage platform has a single log-on process providing the user access to various cryptocurrencies listed on multiple exchanges.

ICO platform: This platform will be providing cryptocurrency projects with an opportunity to list on CryptoBrokerage and get investors. This is meant to ease the process of conducting an ICO for crypto projects. Through a careful project shortlisting process, the platform will give investors an opportunity to invest in pre-sale as well as the main sale. To ensure transparency and authenticity, funds raised are released based on milestones met. Therefore, investors are able to avoid scams and invest in worthwhile projects.

Investment platform: an easy to use platform accessible to all based on the expertise of professional traders. Supported by artificial intelligence, it enables predictive solutions thus facilitating aggregation of best opportunities and support decision making.

Payment App: BEXT App enables users to make fast and secure payments either in fiat or crypto on various stores. Converting from crypto to fiat becomes seamless and so payments can be made using conventional methods such as debit or credit card.

Different type of investors: the platform targets a different type of investors: retail investors (B2B), institutional investors (B2B), professional traders (B2C), OTC Brokerages (B2B), cryptocurrency potentials (B2C) and Cryptocurrency Newbies (B2C).

Benefits to users

  •         Safe and secure universal gateway for all cryptocurrency trading
  •         World class aggregator function to consolidate the best available prices
  •         Fully integrated real-time consolidated data feed
  •         24 hours multilingual customer support in the following languages: English, Chinese, Korean.
  •         Decision making capability supported by artificial intelligence to guide users
  •         A smooth and simple registering and sign-up process
  •         An integrated universal wallet which provides automated maximum security
  •         BEXT token to facilitate transactions throughout the platform

Competent and experienced team

The CryptoBrokerage team has a combined 30+ years’ experience in financial systems, IT solutions, cryptocurrency exchanges, data engineering, database design, and management. Furthermore, the team has managed different projects that have been launched and implemented successfully.

The team is currently building the demo product which is scheduled to go live in January 2019. The demo will support 17 exchanges, 4 cryptocurrencies including ETH and BTC and 18 cryptocurrency pairings.

The team is also looking for private investors to help execute the project. Investors can contact the team on

info@crbkofficial.com

if you want to discuss partnership or adding your exchange to CryptoBrokerage platform, contact the team on support@crbkofficial.com

Website: https://crbkofficial.com/

Telegram: https://t.me/CryptoBrokerageico2018

Twitter: https://twitter.com/CrbkOfficial

Facebook: https://www.facebook.com/CRBKOfficial/

The post CryptoBrokerage: world’s best execution crypto trading platform to launch soon appeared first on coinweez.

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Just like the price of oil or a few new technologies, the cost of cryptocurrencies is, at present, highly volatile. Investors can either lose or win lots of money in a short span of time, merely because of the updates and modifications in the value of cryptocurrencies such as Ethereum, Ripple, and Bitcoin.

In cryptocurrency, there’ll always be risks when it comes to investing. But, the good news is that you can, for the most part, manage those risks. Excellent security, a dose of skepticism, and background research will aid you in ensuring that your cryptocurrency investment is free from harm as possible.

Also, you secure and protect it from fraudsters or scammers who will likely take your current boom to their advantage. Investing of any kind can be like a minefield. That’s why it would be best to know and understand the common setbacks and learn how to, somehow, avoid them. For a little help, here’s how you can safely invest your money in cryptocurrency.

Diversification

First things first, do not, at any rate, put everything you have in one crypto basket. Whether you are investing in shares and stocks, Ethereum or gold, diversification must be on top of your mind.

As cryptocurrency investors, keep in mind that not all currencies, like it or not, make it. Thus, we all should be mindful and sensible. Invest small amounts in various currencies. If one doesn’t make it, there are still other crypto baskets that you can rely on.

Additionally, make sure that cryptocurrency investments are not the only channel you invest your money. Diversification means stashing your cash to different assets, and cryptocurrency is one of the many viable financial strategies.

Keep Your Data and Computer Safe

Since we are talking about digital money, as cryptocurrency investors, you should always keep your computer and most importantly your data safe at all times. Keep in mind that they can be very vulnerable and prone to fraudsters and hackers.

Make sure that your antivirus software is always, for the most part, updated. Furthermore, avoid giving out or sharing your data online, primarily if you are investing or storing in cryptocurrencies. Otherwise, it will be easy for other people to steal your investment.

And if you are investing in cryptocurrencies, make sure to have a couple of wallets to keep it in. Always keep your wallets, if possible, offline. To make it a lot easier, you can use devices such as a thumb drive or flash drive.

Research, Research, Research

Initial Coin Offerings or ICOs have become well-known for cryptocurrencies to get money from the people. But sadly, they have also been, believe it or not, taken into an advantage to lure other people.

In fact, some financial regulatory boards called these as speculative, high-risk investments. They warned the people about it because there is hardly any customer protection, plus their potential for fraud and volatility is very high.

According to the FCA, you must always do extensive research before you invest or give out your money. Consider investing with a regulated cryptocurrency provider.

Be Immune to FOMO

FOMO or the fear of missing out is one of the significant dangers or pitfalls when your cryptocurrency investment boom. However, just because someone you know built wealth on a particular cryptocurrency, it does not automatically mean that you will.

Sometimes, when a certain investment booms, it’s might be too late for you to join. Fear of missing out is not a replacement for background research, careful analysis of loss potential and a thorough understanding of what you’re trading in.

Learn About Leverage

If you’re, for the most part, trading in cryptocurrencies via CFD (contract for difference) or FSB (spread bet), both your gains and losses could be, believe it or not, maximized by leverage. As such, be sure to have a better understanding of the leverage of your investments. Also, determine if you could potentially lose more compared to what you have invested.

Takeaway

Today, cryptocurrencies are, without a doubt, accessible to more and more people, providing a lot of possibilities to everyone. But of course, there will always be risks when it comes to cryptocurrency investments. Fortunately, there are ways for you to make sure that your investment is safe and secure. If you’re considering making the leap, try to learn more about companies such as Blue Chip Vision that might help with keeping your investment secure.

About the Author:

Natalie Stevens is a writer and a blogger. She loves to write just about anything such as business and finance, home improvement, and just recently she gain interest in the cryptocurrency world. In her free time, Natalie spends time with her family and friends.

The post Digital Money: How to Safely Invest Your Money in Cryptocurrencies appeared first on coinweez.

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æternity Africa recently held a successful ‘blockchain in business event’ in which they showcased cheque clearance process on the blockchain.The event generated a lot of enthusiasm from attendees sparking discussion about the possibilities of blockchain. In a continuing series of monthly events aiming at showcasing blockchain and cryptocurrencies use cases,  the team aims to bring together entrepreneurs, decision makers, business leaders from specific industries. The expected outcome is show the tech is going to change their business models, impact their bottom line and tilt the competitive landscape in their industry.

The next event is about’ crowdfunding on the blockchain’.

About the event:

Emerging businesses in Africa overwhelmingly fuel the economy and provide the majority of local jobs. Globalization has presented African entrepreneurs with a unique opportunity to expand their services and offerings worldwide at a scale that has never been available before. However, though globalization provides them with countless opportunities, business owners have several challenges to overcome that are mostly exclusive to Africa.

By far, the most significant obstacle to startups is a lack of funding. Though the number of businesses is increasing, the amount of financing for these companies has remained largely stagnant. Reports show that a staggering 85% of small businesses are largely underfunded, however a deeper analysis reveals that the overwhelming majority do not have viable business plans. Consequently, banks are reluctant to grant loans to small businesses. Blockchain, an emerging technology can be leveraged to provide a solution to this challenge. One of the most highlighted use cases is the utilization of ICO’s to fund projects in this space.

What is an ICO?

An Initial Coin Offering, also commonly referred to as an ICO, is a fundraising mechanism in which new projects sell their underlying crypto tokens in exchange for bitcoin and ether. It’s somewhat similar to an Initial Public Offering (IPO) in which investors purchase shares of a company.

ICOs are a relatively new phenomenon but have quickly become a dominant topic of discussion within the blockchain community. ICOs are easy to structure because of technologies like the ERC20 Token Standard, which abstracts a lot of the development process necessary to create a new cryptographic asset. Most ICOs work by having investors send funds (usually bitcoin or ether) to a smart contract that stores the funds and distributes an equivalent value in the new token at a later point in time.

æternity Africa will be showcasing an ICO Launchpad platform that would enable SME’s raise start up and scaling capital through an Initial Coin Offering.

Event program

keynote presentations on blockchain and cryptocurrencies

Panel discussion – Initial Coin Offerings: What are the consequences after the boom?

Token Economics

New Investment Age: Challenges & Positive effects

Demonstration: æternity Africa Crowdfunding Launchpad

Date: Thursday 24th November 2018

Location: The Mint Hub, Western Heights Westlands, Nairobi

Only limited slots available

Register to attend the event here.

for more information, you can also get in touch with 

Frank Deya

0713076686

COO, Aeternity Africa

Twitter: æternity Africa

The post æternity Africa showcases crowdfunding on the blockchain. appeared first on coinweez.

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After the popularization of blockchain tech through its most prominent application in cryptocurrencies, fin tech companies and major retailers are taking it one step further. Out of the countless potential applications, the millennial technology is disrupting an age-old artifact – the ubiquitous yet traditional loyalty programs. Blockchain replaces the core of its existing mode of operation, the following is how retailers are reinventing the tradition customer reward system.

Traditional vs Blockchain Loyalty Programs

Back in the 19th century, American retailers gave customers redeemable coins. It served the purpose but proved to be costly, hence the evolution to loyalty and membership cards. But now, even the handy cards are facing extinction as a more advanced model is readily available on the market, and these blockchain based programs are far more superior and reliable.

Challenges with Traditional Loyalty Programs

Too many cards

The card itself if not the problem, the sheer volume of them is.

Traditional programs offer a card for every brand or department store. To enjoy different rewards, the heterogeneously ‘loyal’ customer must carry around a wallet stuffed full of cards that are used infrequently. This cumbersome arrangement is one of the reasons why it’s time’s up for the cards.

Blockchain technology elegantly replaces the need for physical cards. With the new model, your rewards will be easily accessible with a smart phone.

Loyalty in the form of tokens

Traditional loyalty programs come with a caveat – you cannot claim rewards from multiple brands with a single account. Brands thrive on various reward systems, so it’s not possible for them to share a common system, unless rewards are converted into tokens and stored in a combined account. That’s how Blockchain revolutionizes loyalty programs.

Democratizing Loyalty Programs

Previously, rewarding customers for their loyalty through a well-established, point-based loyalty program is thing of luxury among businesses, exclusive only to resourceful companies with the technological advancement, funds and staffing to develop and maintain one.

The good news is, blockchain has made starting a loyalty program accessible to smaller enterprises, democratizing this indispensable tool that helps businesses grow.

Loyalty Programs Trend Analysis

In 2017, LoyaltyOne valued the rewards to be redeemed in customer’s accounts across the industry at $360 billion. Unfortunately, the accumulated rewards sleep in customer accounts from different subscriptions and fails to prompt repurchases on the customer’s end.

Why? Research shows that an average consumer participates in multiple programs, perhaps too many for them to even keep track of. Even if they are aware of their points, the other more significant reasons for neglect are:

  • Demanding conditions for redemption
  • Insufficient knowledge on the balance and value of the points
  • Points are not mutually interchangeable

Reason 2 and 3 can be easily resolved with Blockchain. Liquidity is a major selling point of this Loyalty Program revolution. With liquid rewards, members and businesses can trade with each other with ease. The Unify Rewards (UR) program is making that a reality. Not only does this feature itself encourage increased engagement and spending, customers will now earn points in the form of cryptocurrencies, which is something that up to 86% of participants prefer to gain in a study by the same company behind UR.

But, this disruption is not without cons. There are certain risks to retailers by adopting this new mode of operation, namely the lost of a lock-in effect with liquid and transferable tokens, as it does not tie customers to specific brands anymore. Will this downfall deter businesses from jumping on the bandwagon? Time will tell. But by the looks of it, the trending technology will benefit the retail industry as a whole.

Future of Blockchain loyalty Programs

The future is here. Several notable retailers have adopted blockchain loyalty programs in their way of operation, and here are some of the examples:

  • EZ Rent a car has a system for redeeming points for digital currency
  • Aviation has seen Singapore Airline, Cathay Pacific investing in blockchain loyalty application.
  • Chanticleer restaurant holding group announced to expand its loyalty program this year. And Burger King has its program operational with Whoppercoin
  • Latteso, a coffee brand started its program with qiibee across its continental locations.
  • Companies like BitRewards have been started to offer merchants a way of rewarding their customers.

Some benefits of adopting this technology in a business’ everyday operation include:

  • Reduced cost in system management by using smart contracts to track and report transactions
  • Instant and secure transactions in near real time
  • Longevity of tokens as the market value does not depreciate or expire over time
  • Liquid system in which the consumer gets awarded globally-recognized tokens anywhere
  • Multi-channel redemption across various industries with the program in place

Blockchain is a marvel at what it is creating in the retail world. Excited about this new and innovative application of Blockchain tech? Hunt down these international retailers to earn, redeem, trade and store your shopping tokens!

AUTHOR

Bebeto Nyamwamu is researcher fascinated by the blockchain revolution. So, he has now transitioned into sharing pieces in blockchain. He is keenly interested in finding the value of blockchain and transforming its information to simple, actionable content.

LinkedIn: https://ke.linkedin.com/in/realonbebeto

Twitter: https://twitter.com/realonbebeto

The post Blockchain Tech Disrupts Major Loyalty Programs appeared first on coinweez.

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