📕How to Increase Crypto Profits with Staking
Staking is the process of storing funds on a specially designated cryptocurrency wallet or exchange to support operations on the blockchain. In other words, your funds are "frozen", and for this, you receive passive income. The profit depends on the chosen coin. For example, Tezos pays Staking interest or rewards at about 6% per annum, and ALGO pays about 30%.
Unfortunately, it is not always that simple. Staking can not only be costly to get started, but it can also be unprofitable.
To learn more about the pros and cons of Staking as an opportunity to secure passive income with your crypto holdings, please read the full article.
Staking is the process of storing funds on a specially designated cryptocurrency wallet or exchange to support operations on the blockchain. In other words, your funds are "frozen", and for this, you receive passive income. The profit depends on the chosen coin. For example, Tezos pays Staking interest or rewards at about 6% per annum, and ALGO pays about 30%.
Unfortunately, it is not always that simple. Staking can not only be costly to get started, but it can also be unprofitable.
To learn more about the pros and cons of Staking as an opportunity to secure passive income with your crypto holdings, please read the full article.
🎁 The Christmas gift giveaway has about run out of time!
Only 24 hours left to get your gift so hurry and don't delay.
Sign in to get yours and start a new year with tools that help you make more profit.
Only 24 hours left to get your gift so hurry and don't delay.
Sign in to get yours and start a new year with tools that help you make more profit.
The Real Anonymity of Cryptocurrencies
Many people still consider that all cryptocurrency transactions are anonymous. It’s a result of the ongoing marketing work of many companies, bloggers, and others seeking to capitalize on the industry.
In this article, we describe two typical aspects issues of anonymity, and also review actual privacy coins.
10 min read
#BLOG
Many people still consider that all cryptocurrency transactions are anonymous. It’s a result of the ongoing marketing work of many companies, bloggers, and others seeking to capitalize on the industry.
In this article, we describe two typical aspects issues of anonymity, and also review actual privacy coins.
10 min read
#BLOG
📗 Why Stablecoins are Needed
Stablecoins are fixed-rate cryptocurrencies. Stablecoins are tied to the rate of fiat currencies, which makes them a convenient form of settlement. The volatility of cryptocurrencies is very high. Stablecoins remain one of the few assets which allow you to lock your profits into fiat equivalents without withdrawing your funds from the exchange or wallet.
In this article, we compare main stablecoins and describe situations that fit using these currencies.
6 min read
#BLOG
Stablecoins are fixed-rate cryptocurrencies. Stablecoins are tied to the rate of fiat currencies, which makes them a convenient form of settlement. The volatility of cryptocurrencies is very high. Stablecoins remain one of the few assets which allow you to lock your profits into fiat equivalents without withdrawing your funds from the exchange or wallet.
In this article, we compare main stablecoins and describe situations that fit using these currencies.
6 min read
#BLOG
🚀Will Halving pump BTC to $12,000 and more?
The most anticipated event in the crypto world in 2020 is the bitcoin halving. In connection with the halving, many expect BTC prices to rise to $12,000 by May, and some call for even a more dramatic increase
In this article, we will help you understand what "halving" means, why it is needed, and how the price of BTC correlates with the previous halving events.
5 min read
#BLOG
The most anticipated event in the crypto world in 2020 is the bitcoin halving. In connection with the halving, many expect BTC prices to rise to $12,000 by May, and some call for even a more dramatic increase
In this article, we will help you understand what "halving" means, why it is needed, and how the price of BTC correlates with the previous halving events.
5 min read
#BLOG
👤 Join the amazing 3Commas team!
What we are looking for:
Vloggers and influencers who have a passion for crypto trading and who can align with 3Commas’ line of trading technologies. Content creators should have a story-telling style that is captivating, relatable, educational, and creative.
If you already have a YouTube presence and trading audience, this role could be very rewarding!
Interested? Please record a short video explaining Bid, Ask and Spread and submit it to promo@3commas.io before January 31, 2020.
What we are looking for:
Vloggers and influencers who have a passion for crypto trading and who can align with 3Commas’ line of trading technologies. Content creators should have a story-telling style that is captivating, relatable, educational, and creative.
If you already have a YouTube presence and trading audience, this role could be very rewarding!
Interested? Please record a short video explaining Bid, Ask and Spread and submit it to promo@3commas.io before January 31, 2020.
Investopedia
Bid and Ask Definition, How Prices Are Determined, and Example
Bid and ask is a current stock price quote that indicates the highest price a buyer is willing to pay and the lowest price a seller is willing to accept.
How PlusToken Crashed the Bitcoin Exchange Rate
PlusToken is one of the largest pyramid or Ponzi schemes in crypto and has attracted more than $3 billion from naive investors. The impact of this scam turned out to be so widespread that in September 2019, the Bitcoin exchange rate dropped by 20%.
In this article, we talk about crypto scams in more detail, and uncover the main features of Ponzi schemes to help you avoid losing money on such projects in the future.
4 min read
#BLOG
PlusToken is one of the largest pyramid or Ponzi schemes in crypto and has attracted more than $3 billion from naive investors. The impact of this scam turned out to be so widespread that in September 2019, the Bitcoin exchange rate dropped by 20%.
In this article, we talk about crypto scams in more detail, and uncover the main features of Ponzi schemes to help you avoid losing money on such projects in the future.
4 min read
#BLOG
📌 Futures Trading is Now Available for 3C.Exchange bots!
Benefits of Futures Trading:
🔹 Leverage - allows you to trade with volumes significantly exceeding your own.
🔹Option to Short - Sell borrowed assets, then rebuy and repay once the asset falls to a lower rate. Shorting is great for retracements or declining markets.
Go to your My Account page, and you will see a new Futures account now displayed.
You can deposit to your futures account from your main Exchange Wallet. To trade futures using the bot, select Futures Wallet in the Main setting section when creating the bot.
Benefits of Futures Trading:
🔹 Leverage - allows you to trade with volumes significantly exceeding your own.
🔹Option to Short - Sell borrowed assets, then rebuy and repay once the asset falls to a lower rate. Shorting is great for retracements or declining markets.
Go to your My Account page, and you will see a new Futures account now displayed.
You can deposit to your futures account from your main Exchange Wallet. To trade futures using the bot, select Futures Wallet in the Main setting section when creating the bot.
Congratulations!
You are reading the first news digest from 3Commas. We will introduce you to the most exciting and important news in the crypto world. We will also publish the most significant reports in separate posts as quickly as possible after a preliminary analysis.
Let's start with a selection of news for the last three days.
Market Cap: $256,698,623,714
24h Vol: $122,691,200,711
BTC Dominance: 66.3%
BTC: 9343$ (+3.27)
🔹Bitcoin Cash devs asked its miners to donate12.5% of the reward for the mined block for the development of the network. A similar idea was also supported by representatives of the major BCH mining pools.
🔹Alexander Vinnik, suspected of laundering $4 billion through the BTC-e exchange, was extradited to France. Presumably, his final stop will be the United States.
🔹Ripple CEO Brad Garlinghouse announced the possibility of entering the company in an IPO. A recent Ripple report also noted a sharp decline in the release of tokens to the market.
🔹 Deutsche Bank experts believe that digital yuan could undermine the supremacy of the dollar in the global economy.
🔹Justin Sun, CEO of the TRON Foundation, again had lunch with someone. This time with Apple co-founder Steve Wozniak. He's not Warren Buffett, but it seems it comes down to more hype news in the headlines. In the meantime, while Justin was eating, two former Bittorent employees filed a lawsuit against him.
#3C_digest
You are reading the first news digest from 3Commas. We will introduce you to the most exciting and important news in the crypto world. We will also publish the most significant reports in separate posts as quickly as possible after a preliminary analysis.
Let's start with a selection of news for the last three days.
Market Cap: $256,698,623,714
24h Vol: $122,691,200,711
BTC Dominance: 66.3%
BTC: 9343$ (+3.27)
🔹Bitcoin Cash devs asked its miners to donate12.5% of the reward for the mined block for the development of the network. A similar idea was also supported by representatives of the major BCH mining pools.
🔹Alexander Vinnik, suspected of laundering $4 billion through the BTC-e exchange, was extradited to France. Presumably, his final stop will be the United States.
🔹Ripple CEO Brad Garlinghouse announced the possibility of entering the company in an IPO. A recent Ripple report also noted a sharp decline in the release of tokens to the market.
🔹 Deutsche Bank experts believe that digital yuan could undermine the supremacy of the dollar in the global economy.
🔹Justin Sun, CEO of the TRON Foundation, again had lunch with someone. This time with Apple co-founder Steve Wozniak. He's not Warren Buffett, but it seems it comes down to more hype news in the headlines. In the meantime, while Justin was eating, two former Bittorent employees filed a lawsuit against him.
#3C_digest
Forwarded from Aaron Dishner aka Moonin Papa
📌Great news for those who use 3C.Exchange!
Withdrawal fees have been lowered.
Withdrawal fees for BTC are reduced by 20%, it was 0.0005 BTC and now is 0.0004 BTC
Withdrawal fees for ETH are massively reduced, now only 0.003 ETH instead of 0.01 ETH!
A full list of current withdrawal fees for all tokens is in this sheet.
Withdrawal fees have been lowered.
Withdrawal fees for BTC are reduced by 20%, it was 0.0005 BTC and now is 0.0004 BTC
Withdrawal fees for ETH are massively reduced, now only 0.003 ETH instead of 0.01 ETH!
A full list of current withdrawal fees for all tokens is in this sheet.
During Economic Upheavals, is BTC a Safety Net?
Can bitcoin protect your capital in times of economic crisis? Looking back at bitcoin and it’s price action since 2015, it is easy to see the mind-blowing growth in the value of the asset during periods of economic instability across the globe. In this article, we evaluate whether bitcoin is worthy of your attention and if it should be part of your investment portfolio.
Can bitcoin protect your capital in times of economic crisis? Looking back at bitcoin and it’s price action since 2015, it is easy to see the mind-blowing growth in the value of the asset during periods of economic instability across the globe. In this article, we evaluate whether bitcoin is worthy of your attention and if it should be part of your investment portfolio.
There are problems with the stability of the website. We are working to fix this. We apologize for the inconvenience.
Update: 3Commas is back up and should now be running normally again. Sorry for the inconvenience.
🛠For those who use Coinbase
The exchange will perform a scheduled system upgrade today on Jan 30 from 10:30 PM till Jan 31, 1:00 AM (UTC).
During this time, sending crypto will be disabled and receiving crypto may be delayed.
The exchange will perform a scheduled system upgrade today on Jan 30 from 10:30 PM till Jan 31, 1:00 AM (UTC).
During this time, sending crypto will be disabled and receiving crypto may be delayed.
While Bitcoin is updating local highs, we want to update you regarding the essential news in the crypto-industry since our debut Digest earlier this week.
Market Cap: $258 812 101 194
24h Vol: $121 993 883 056
BTC Dominance: 66%
BTC: 9388$ (+0.68)
🔹John McAfee called Bitcoin a «Shitcoin».
The infamous entrepreneur believes that the future lies with altcoins.
🔹January Trend - Miners Vote to Pay Developers
The Zcash community has supported the idea of changing the distribution of remuneration. Miners will continue to receive 80% of the reward for the mined block (despite the original plan that after the next halving, miners would receive 100% of the block reward.)
The donated 20% will be divided as follows:
5% - Zcash Foundation
7% - Electric Coin Company (the development company)
8% - will fund grants for third-party developers
🔹The Bitcoin Cash Network Doesn’t Fail, It Just Gets Confused
The Bitcoin Cash network got caught-up for 5 hours; miners could not find block 620026. The network is now working as usual.
🔹Upcoming Proposals for Improving Bitcoin
The Schnorr and Taproot soft forks, aimed at increasing scalability and privacy, are officially framed as proposals for improving bitcoin.
#3C_digest
Market Cap: $258 812 101 194
24h Vol: $121 993 883 056
BTC Dominance: 66%
BTC: 9388$ (+0.68)
🔹John McAfee called Bitcoin a «Shitcoin».
The infamous entrepreneur believes that the future lies with altcoins.
🔹January Trend - Miners Vote to Pay Developers
The Zcash community has supported the idea of changing the distribution of remuneration. Miners will continue to receive 80% of the reward for the mined block (despite the original plan that after the next halving, miners would receive 100% of the block reward.)
The donated 20% will be divided as follows:
5% - Zcash Foundation
7% - Electric Coin Company (the development company)
8% - will fund grants for third-party developers
🔹The Bitcoin Cash Network Doesn’t Fail, It Just Gets Confused
The Bitcoin Cash network got caught-up for 5 hours; miners could not find block 620026. The network is now working as usual.
🔹Upcoming Proposals for Improving Bitcoin
The Schnorr and Taproot soft forks, aimed at increasing scalability and privacy, are officially framed as proposals for improving bitcoin.
#3C_digest
3Commas Announcements pinned «While Bitcoin is updating local highs, we want to update you regarding the essential news in the crypto-industry since our debut Digest earlier this week. Market Cap: $258 812 101 194 24h Vol: $121 993 883 056 BTC Dominance: 66% BTC: 9388$ (+0.68) 🔹John…»
The Coronavirus Effect on Bitcoin
According to the latest data, the Chinese coronavirus 2019-nCoV infected more than 9 thousand people. This terrible event could not help but affect the state of the world economy.
Here is how Markets have responded over the past week:
- Chinese CSI 300 lost more than 4%
- Shanghai Stock Exchange index lost almost 3%
- Dow Jones lost more than 1%
- A barrel of Brent fell by nearly 10%
But the defensive assets that we recently wrote about are growing in price:
- Gold has risen in price by 2%
- Bitcoin rushed to $10,000 per coin
#BLOG
According to the latest data, the Chinese coronavirus 2019-nCoV infected more than 9 thousand people. This terrible event could not help but affect the state of the world economy.
Here is how Markets have responded over the past week:
- Chinese CSI 300 lost more than 4%
- Shanghai Stock Exchange index lost almost 3%
- Dow Jones lost more than 1%
- A barrel of Brent fell by nearly 10%
But the defensive assets that we recently wrote about are growing in price:
- Gold has risen in price by 2%
- Bitcoin rushed to $10,000 per coin
#BLOG
Is Manipulation Pushing BTC Down to $7,500?
Rumours about the manipulation of the Bitcoin exchange rate by "large" players in the cryptocurrency market have been around for quite some time. Specific patterns seem to repeat on bitcoin charts, the world's first cryptocurrency. If we connect the dots, a picture starts to develop, leading us to see who deliberately burst the bubble in 2017 and why bitcoin can repeat a similar declining scenario. We will try to understand this and more in this analysis.
#BLOG
5 min read
Rumours about the manipulation of the Bitcoin exchange rate by "large" players in the cryptocurrency market have been around for quite some time. Specific patterns seem to repeat on bitcoin charts, the world's first cryptocurrency. If we connect the dots, a picture starts to develop, leading us to see who deliberately burst the bubble in 2017 and why bitcoin can repeat a similar declining scenario. We will try to understand this and more in this analysis.
#BLOG
5 min read
The latest news for you in our digest
Market Cap: $260,147,242,181
24h Vol: $108,376,536,512
BTC Dominance: 64,6%
BTC: $9259 (-0.15)
🔹Bitmex launched a new perpetual swap on the XRP/USD with up to x50 leverage. Arthur Hays posted an ironic tweet comparing XRP with a dogshit.
🔹Genesis hardfork of Bitcoin SV network took place on the block #620 538. But not all the miners updated their soft. As a result: block #620 539, going right after the hardfork, mined with a non-updated client was regarded as invalid.
🔹Aztec protocol was officially launched on Ethereum’s mainnet. According to the Team, protocol provides high level of privacy, and also significantly reduces the transactional costs.
🔹Coinbase severely limited daily withdraw limits for some users.
#3C_digest
Market Cap: $260,147,242,181
24h Vol: $108,376,536,512
BTC Dominance: 64,6%
BTC: $9259 (-0.15)
🔹Bitmex launched a new perpetual swap on the XRP/USD with up to x50 leverage. Arthur Hays posted an ironic tweet comparing XRP with a dogshit.
🔹Genesis hardfork of Bitcoin SV network took place on the block #620 538. But not all the miners updated their soft. As a result: block #620 539, going right after the hardfork, mined with a non-updated client was regarded as invalid.
🔹Aztec protocol was officially launched on Ethereum’s mainnet. According to the Team, protocol provides high level of privacy, and also significantly reduces the transactional costs.
🔹Coinbase severely limited daily withdraw limits for some users.
#3C_digest