Tag: exchange

How to choose a worthy ICO for investment?

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There are thousands of ICOs on the market and each of them is promising returns beyond beliefs and helpful bonuses. Sounds lucrative. However, before investing your money to every good-looking project, take the trouble to check them. The chances of encountering a fraud are quite high.

There are couple of basic rules that every investor should know by heart. For example, the first thing you should do is to read the whitepaper carefully. This document is supposed to contain vital information about the project, like plan of actions, essential milestones etc. The more detailed explanation-the better. A well-written whitepaper indicates a trustworthy project, where the team knows exactly what to do and how to achieve results. Speaking of the team, this important detailcan’t stay unnoticed or ignored. All team members must be experienced in the field they are representing. Each member should have a link to social media. If, on the contrary, the team members are hidden, or do not have sufficient expertise, this is a sure mark of a scam. Checking a community and social media is also a good idea.

So, you have checked the white paper, the team, read all of the reviews on all kinds of blogs and now you are sure about your investment choice. The question is where to buy ICO tokens. The answer is simple- crypto exchange. Tokens are a popular investment nowadays, so almost any exchange offers a vide choice of those assets. Binapex is not an exception, all the most popular tokens as BAT, GNY and IOST are already available there. The exchange uses the two-factor authentication to ensure user security. Needless to say, all requirements of Anti Money Laundering and Know Your Client policies are strictly met.

ICOs are gaining the market now and attract a great deal of investors. Yet, one can never be too careful.

Where to store your cryptocurrencies

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ICO venture is the following huge thing and the initial coin offering tokens and cryptocurrencies are pulling in various speculators from everywhere throughout the globe. ICO remains for Initial Coin Offer and it basically implies that the organization that is beginning another cryptographic money offers you a token of the digital money in return of another cash both genuine and advanced. These are then used to finance those cryptocurrencies.

Since these are advanced monetary standards, we require solid wallets for putting away these monetary forms and keeping them from programmers. The best altcoin wallets are:

•       • Bitcoin care is a unique BTC customer and it ensures your bitcoins against fakes and glitches, for example, spending the bitcoins twice et cetera. Due to the peculiar situation with Bitcoin in South Africa, a good wallet is a pressing issue. Anybody can get to the wallet yet you can encode your exchanges and bitcoins and ensure them with the assistance of a secret word.

•         Electrum is a well-known wallet among customers and takes a shot at various stages and you can encode the wallet utilizing a secret word and ensure your money.

•         Jaxx enables us to store various cryptocurrencies in the meantime and gives us an easy to understand interface for putting away and exchanges.

•         Rippex is another wallet that is especially for Ripple and permits us for simple exchanges, are anything but difficult to introduce and utilize and have a base charge to enact the wallet.