What can be better than a cryptocurrency made especially for online gaming that offers a wide variety of benefits for holders? Well, that is exactly what Xbit is.
Xbit Coin is a cryptocurrency designed as part of Xbit project that other than the digital currency, also offers an online Casino.
Casino Xbit acts as one of the financial backbones of this coin. This is why Xbit Coin is considered to be the representative revenue share of this casino. But we will look into this more in the following sections. First, let’s start with buying Xbit.
There will be many ways…
Xbit is a project that has been developed to revolutionize online gaming industry. Xbit offers a cryptocurrency and an online casino based on the Blockchain technology.
A Blockchain-based online gaming platform completely removes all the issues with the conventional gaming industry, such as scalability, lack of privacy, security, transparency, and efficiency.
Xbit puts power, privacy, and effectiveness in the hands of users and players alike. Let’s find out more.
Xbit coin is a cryptocurrency that has been developed based on the SHA-256 algorithm, which is the same algorithm that has been used to develop Bitcoin and many other cryptocurrencies.
In simple terms, a stablecoin is a cryptocurrency with a fixed price and value. In order to keep a stable value, stablecoins use a variety of different methods.
Stablecoins have been specially designed to keep a steady and stable price, much like traditional currencies, or fiat currencies; with added advantages such as speed, high security, and low cost of maintenance and transactions.
The initial idea behind the design and development of such digital currencies was to combat the price volatility that is seen in cryptocurrencies.
There are four main types of stablecoins: fiat-backed, asset-backed, crypto-backed, and algorithmic. …
Security has always been a central issue when a new technology steps forward. In the case of Blockchain, we can no longer consider it a new technology. It has been around for quite some time, and its offspring, digital currencies, have also been around for a while.
But still, there are concerns over the security infrastructures and protocols of this technology. Especially, now when DeFi is growing more and more.
DeFi or decentralized finance is a way of managing finances and approaching financial matters, as the name suggests, in a decentralized manner.
The amount of money that is being locked…
What is securitization? In very simple terms, securitization refers to the process in which an asset is transformed into a security.
The asset at hand is not liquid, which is referred to as an illiquid asset.
In other words, when this process takes place, a marketable instrument is created for an asset that has been otherwise not marketable or fungible, which in turn, improves upon the illiquid asset by promoting its liquidity.
So the basic idea behind this process is to make an asset ready for the market. …
Counos X (CCXX) is a cryptocurrency offered by the Swiss-based Blockchain company, Counos Platform. Counos X is the first coin that is bankable and implements the proof of work algorithm. The number of coins to be offered in this network has not been limited, but in the first stage about 18,300,000 coins have been mined.
As mentioned above, Counos X is the first bankable coin. Counos Platform is the first company to create a coin that can be bought directly with your local bank. …
Joe Biden has entered the White house while promising USD 1.9 billion financial assistance for Coronavirus pandemic. In some expert’s opinion, this will affect the cryptocurrency market. These events will also make Altcoins extremely noticeable.
But the crucial question for those involved in the cryptocurrency industry is that whether or not the Joe Biden administration would directly or through the effect of dollar rate and stock market have an impact on cryptocurrency region?
This is while the cryptocurrency still tries to introduce itself as an anti-correlation coverage for traditional marketing and public political circles, but it has a better covering…
Switzerland is widely recognized as one of the most exalted pioneers in the realm of implementation of Blockchain technology. Swiss Jurisdiction and its legal entities have always embraced the noble innovations and thus have established a collective and universal vision regarding new opportunities risen from the crypto industry.
Having established crypto-friendly regulations, Switzerland has been an ideal destination for some of the world’s most prominent Blockchain-based companies. Swiss legal and institutional regulations have convinced major crypto companies to commence their journey in the land of Rolex watches. …
Due to recent incidents as outbreak of the Coronavirus and its ruinous economic consequences, and also the presidential election in the United States which has led to controversy as Trump refuses to concede the results, Crypto industry has garnered the conceivable profits from the current financial crises that have had grave repercussions for all humans thus far.
As we take a brief look at the statistical data from some leading crypto exchanges, we indisputably notice that the number of people using crypto as a store of value or the means of payments has significantly increased during past months. …