Bitcoin [BTC] and other cryptocurrencies are growing in popularity across the world. These cryptocurrencies use peer-to-peer technology to operate outside of the traditional banks and manage transactions that could not be covered by any other payment system before.
There are many ways to use these cryptocurrencies including buying and selling. When trading there are two things you need to get started. You will need a cryptocurrency wallet and a cryptocurrency exchange. The cryptowallet is where you will store your encrypted password that is used to represent your coins, essentially like the bank where you store your money. The cryptocurrency exchange is like the stock market.
How to buy Bitcoins and Where
Currently, Bitcoin is the top option for cryptocurrency. If you want to start buying and trading Bitcoin, the first thing you need is a Bitcoin wallet. This isn’t a physical wallet, it is a digital place with a public and a private key that makes buying and selling Bitcoin possible. There is a wide variety of Bitcoin wallets available online, but it is important to use a secure site that is also licensed.
After you have a Bitcoin wallet, you will connect your credit or debit card to your wallet. Save time by checking with your card first. Not all cards allow their uses to purchase Bitcoins.
Next, you will need a Bitcoin exchange in order to make a purchase. If you are using a service like Jubiter Brokerage, a service that offers both a wallet and an exchange, this step is already done for you. Each exchange service charges a different fee per transaction.
Jubiter Brokerage as a Wallet and an Exchange
Jubiter Brokerage is the exchange that is regulated in the EU licensed to exchange virtual currency and is also licensed to be a virtual currency wallet service.
Customer support and working hours
Reaching Jubiter is easy. The site offers customer service hours Monday – Saturday from 8am – Midnight, Eastern Standard Time. There are three phone numbers to call depending on your location, United States, United Kingdom, and Estonia.
Jubiter is on Facebook. To join the online conversation, click here!
Using Jubiter lets you store your cryptocurrency on one of the most secure cryptocurrency exchange platforms in the world. The free Wallet lets you buy and sell your cryptocurrencies with an easy to use interface that offers support for Bitcoin and Litecoin. It is like having a private digital bank. Featuring a blockchain-based cryptocurrency, it is the most secure in the world because it features Login Guard, Two-factor authentication, Identity Protection, cold storage of digital assets, and the highest available encryption standards.
Joining the cryptocurrency culture can seem overwhelming at first. The best way to get started is to use a service that makes everything simple and is easy to use.
Ampleforth [AMPL] To Conduct First IEO on BitFinex and Ethfinex’s Blockchain Project Launch Platform, Tokinex, in June
Ampleforth’s whitepaper, co-authored by Manuel Ricon Cruz, a researcher at the Hoover Institute, introduces the Ampleforth protocol. Further context for understanding the implications of AMPL as a new type of synthetic commodity and economic theory is provided in the accompanying Red Book.
The appeal of digital assets like Bitcoin is that they are uncorrelated with traditional asset groups. But, among large-cap digital assets, there is a high degree of non-diversifiable risk and the price volatility of most cryptocurrencies mimic that of Bitcoin.
Evan Kuo, CEO, and founder of Ampleforth said,
“We see Amples as having a near-term utility that naturally dovetails into a much bigger vision, and I can’t wait to see it unfold. The Bitfinex and Ethfinex user communities are among the best in the industry, and we are excited to work alongside the Tokinex team for Amples’ exchange debut.”
Ampleforth’s protocol receives exchange-rate information from trusted oracles and propagates that to holders of Amples by proportionally increasing or decreasing the number of tokens each individual holds according to the magnitude of the exchange rate fluctuations over the previous 24 hrs.
For traders, these changes in the exchange rate and quantity translate into changes in Ample’s market capitalization. Ultimately, unique trader behavior in response to the protocol’s incentives is expected to produce an asset price with lower correlation to Bitcoin than other digital assets.
Jean-Louis van der Velde, CEO at Bitfinex, stated
“The Ampleforth project is fascinating to us with its refreshing vision to become a unique digital asset and serve as a potential future reserve currency. We believe it can provide a unique volatility profile, uncorrelated to other digital and traditional assets. This uncharted territory makes Ampleforth, and the team behind it, the perfect first project to list on Tokinex and we are excited to provide an opportunity for the community to be a part of it.”
Paul Veradittakit of Pantera Capital said,
“Ampleforth is interesting because there’s not another asset like it, so it will likely not be correlated with other large-cap cryptocurrencies. With more traders and enthusiasts entering the ecosystem since the last rise, there needs to be an option like AMPLs, which could reduce the risk for the entire space, and potentially attract more institutional interest.”
Ampleforth is a digital asset protocol for smart commodity-money funded by Brian Armstrong, True Ventures, Pantera Capital, and Slow Ventures. For more information, please visit our website.
Launched in May 2019, Tokinex is the IEO platform of Bitfinex and Ethfinex that brings fair opportunity to participate in curated token projects. It gives qualified participants the chance to contribute to pre-vetted token sales directly from their personal wallet through common crypto assets, and with no personal data or funds held by the exchange.
Tokinex uniquely does not require tokens to pay an upfront fee for listing and following a successful capital raise are subsequently listed on the two exchanges as permitted by applicable law.
For further information please contact.
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