The Best Exchanges for Fiat-Crypto Trades for Beginners

If you want to trade crypto, you will need to find a reliable and secure fiat-to-crypto trading platform. These exchanges differ from crypto-only platforms in their offerings, requirements, and, most importantly, their ability to convert fiat currency to crypto. To accomplish this task, fiat to crypto exchanges must adhere to strict regulatory requirements in most regions of the world. These requirements can make the signup process a bit more tedious, but it also increases your consumer protections. Today, fiat-to-crypto trading…

Indian Government Restricts All Cryptos And Explores Digital Currencies

In the 2021 budget, the government seeks to ban all private cryptocurrencies during the parliament budget session. According to a bulletin of the lower house of parliament, they will also put the structure for the digital currency issued by the Reserve Bank of India, allowing specific exceptions to promote blockchain, the underlying cryptocurrency technology it uses. The central bank is looking into the need for a digital version of the fiat currency and implementing it. The new bill has been…

Crypto Is Fundamentally Flawed As A Currency, Says UBS Economist

With investors losing faith in fiat currencies and traditional payment systems, many argue that cryptocurrency, particularly bitcoin, is a viable replacement, and it has changed the concept of money.  Some companies worldwide are already accepting crypto payments. Even PayPal has integrated cryptocurrencies like Bitcoin and Ethereum into its payment network and is set to allow customers to use them for purchases later this year, a move that could foster mass adoption.  Crypto Not A Proper Currency However, Paul Donovan, chief…

The Importance of Regulation for Cryptocurrencies

Scams, Ponzi Schemes, and The Crypto Market Scamming is the elaborate process of taking advantage of uninformed individuals or organizations and using their ignorance to get away with their money. Scamming has always been prevalent anywhere money or wealth is involved. Since scams are everywhere, the area of cryptocurrency and blockchain is no different. Cryptocurrency scamming techniques vary in their degree and complexity. A new and enthusiastic investor is easily dejected by the overwhelming amount of information they need to…

Could Crypto Debit Cards Help Drive Adoption?

The approval for mainstream use in the cryptocurrency space remains a central theme, and crypto debit cards have been adopted as a great way to bridge the gap between traditional finance and digital currencies. These cards have introduced significant improvements in transaction speed, privacy, cost, and convenience. Crypto debit cards have eased the combination of cryptocurrency and fiat currency, where cardholders can make transactions and payments at restaurants, cinemas, retail outlets, and a bunch of other places. When spending cryptos,…

Differences Between the Financial Traditional System and Cryptocurrencies

Over a decade ago, the first cryptocurrency to permit secure transactions (bitcoin) changed the fintech world. It is based on cheap peer to peer transactions and is designed to be completely decentralized.  This digital evolution was set up to eliminate the centralized model of managing finances that monopolized the industry. However, a virtual currency based on blockchain technology has remained in the speculative emerging finance growth category over the years. That means we are still heavily reliant on the traditional…

Looking for an Instant Exchange Platform? Check Out InstaSwap.io

Getting a cross-chain, instant exchange platform that is secure, effective, and allows users to have the freedom to trade with any cryptocurrency they want is not easy. The market can be very disappointing and contains either unsafe or too unstable platforms to trust with your earnings. If you are searching the internet for an exchange platform that is fair, secure, and efficient, having detailed and unbiased reviews of available options can come in handy. In this review, we will give…

Crypto ATMs on the Rise; A Positive Step for Cryptocurrency

According to CoinATMRadar, there is a global surge in Crypto ATMs. The surge is owing to increasing crypto prices and a consequent rising adoption of crypto for payments. CoinATMRadar's most recent report reveals that there are currently 7,057 crypto ATMs globally, providing more comfortable options for purchasing and converting crypto assets to fiat using either cash or debit cards. 5,089 ATMs are found in the US, 784 in Canada, 303 in the UK, 84 in Spain, and 126 in Austria. …

Bitcoin Could Curb Virus Spread As Opposed to China Quarantining Used Banknotes

China is quarantining used banknotes to stop the spread of coronavirus, as reports have stated. The crypto community is talking and making suggestions about fixing the issue using Bitcoin as payment means. Wuhan, Hubei Province reportedly recorded around 15,000 new cases in 24 hours and 242 recent deaths following a change in diagnostic methods on February 13. The government is underreporting the numbers, as Dovey Wan of Primitive Crypto on Twitter claims. The most recent BBC report lists 2,009 new…

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