Bitcoin.com Exchange

Bitcoin.com Exchange Lists ESH Token Support Prior to John McAfee’s Ghost Airdrop

21/05/2020 by Idelto Editor

In mid-April, news.Bitcoin.com reported John McAfee’s new privacy token called Ghost, as the former anti-virus tycoon detailed “governments will be unable to shut it down.” Ghost won’t be distributed in the usual fashion by leveraging an initial coin offering (ICO), as the project will instead utilize the airdrop process. In order to obtain the Ghost token, recipients will need to hold a specific ERC20 token called ESH. Today, Bitcoin.com’s cryptocurrency trading platform announced that ESH will now be listed, so users can obtain the token in order to participate in the Ghost airdrop or trade against it using Bitcoin.com’s powerful trading engine.

The Bitcoin.com Exchange continues to improve and add new features to the overall trading experience. Just recently, the trading platform announced the listing of the BTCSHORT token produced by Amun, which allows people to gain exposure to -1x the daily price performance of BTC. On Friday, May 22, 2020, the Bitcoin.com Exchange is adding the ESH token, a coin that was recently introduced for John McAffee’s decentralized exchange (dex).

Now Bitcoin.com Exchange clients can obtain ESH and use the tokens on McAfee’s dex or they can use Bitcoin.com’s trading platform to bet for or against the coin. Another option is for people to hold ESH, this is because ESH holders will be qualified to get some of the Ghost token supply during an Airdrop on May 25, 2020.

25% of the Ghost token supply will go to ESH holders based on a May 25, 2020, snapshot of the distributed ledger at 8 p.m. CST. Distribution for ESH holders will be 1:1, which means if you hold one ESH you are eligible for a single Ghost token. Ever since this airdrop was announced, the ESH token has been in high demand and the price has jumped 17,500% in a matter of days.

McAfee has said that the creation of the Ghost token helps fulfill his dream to make privacy-centric crypto transactions the new norm. Ghost was created to allow anyone in the world to trade across any borders on the web “without a trace.” To McAfee, BTC is limited by the publicly available hashes on the web, alongside the transactional history of coins and addresses.

“Ghost aims to bolster private transactions on the web, without sacrificing the ease of transacting,” explains the token’s creators.

For people who share McAfee’s vision of privacy, they may want to look into ESH and Ghost and can easily participate in the airdrop by leveraging ESH before the May 25 distribution period. If you are interested in one of the fastest trading engines on the market and want to start trading digital assets today, then check out Bitcoin.com’s Exchange. The trading platform is easy to leverage, and people can trade a number of popular coins like bitcoin cash (BCH), litecoin (LTC), ripple (XRP), tron (TRX), zcash (ZEC), stellar (XLM), dash (DASH) and eos (EOS), bitcoin (BTC) and more.

What do you think about Bitcoin.com Exchange listing ESH? Let us know in the comments below.

The post Bitcoin.com Exchange Lists ESH Token Support Prior to John McAfee’s Ghost Airdrop appeared first on Bitcoin News.

Exposure to -1x the Daily Performance: Bitcoin.com Exchange Adds Inverse Token BTCSHORT

20/05/2020 by Idelto Editor

During the last few months, Bitcoin.com’s cryptocurrency exchange has added a number of new coins and features. Today, Bitcoin.com Exchange has added an Ethereum-based inverse token called “BTCSHORT,” a token that gives users exposure to the inverse or -1x the daily performance of Bitcoin on any given day.

Bitcoin.com Exchanges Adds Amun’s BTCSHORT Inverse Token

Bitcoin.com Exchange traders can now access a new Ethereum-based inverse token created by the company Amun. Our cryptocurrency trading platform has added BTCSHORT so traders can gain exposure to the inverse or -1x the daily performance of bitcoin (BTC). The new token will be accessible at 10:00 a.m. UTC and it will be paired with the stablecoin tether (USDT). A recent blog post published by Bitcoin.com explains how the BTCSHORT product from Amun works and how customers who use our exchange can leverage the token.

“BTCSHORT is strictly not a security, carries many risks, and is not suitable for risk-averse token holders and traders,” the blog post explains. “This type of token is best suited for sophisticated, highly risk-tolerant token holders who understand and are comfortable with taking on the risks inherent to inverse tokens like BTCSHORT and understand the risks associated in holding tokens generally and inverse products in particular.”

How BTCSHORT Works

For instance, if the price of BTC is trending downward then BTCSHORT’s multi-day performance will prosper, and daily returns of the token will be compounded. In contrast, if there is low volatility and the price of BTC is headed northbound, then BTCSHORT’s performance will drop and there will be no compounded returns.

“Losses made on one day will be, because of previous losses, applied to a smaller amount,” the announcement details. “This means that compounding will lead to slightly reduced losses than if there were no compounding.” Additionally, the BTCSHORT listing announcement adds:

BTCSHORT offers a notional exposure to -1x the daily performance of Bitcoin. It is crucial that all token holders understand how compounding and the daily rebalancing of the token affect performance, especially in volatile markets. The tokens are designed for holding periods of equal or less than one day and holders need to consider their holdings each day.

If you are interested in learning more about BTCSHORT and other digital asset token backed by industry experts then check out Amun’s website and frequently asked questions (FAQ) section. If you want to join one of the fastest cryptocurrency trading platforms on the market today, then check out Bitcoin.com’s Exchange today.

Our exchange is a simple-to-use trading engine that offers a variety of different cryptocurrencies. Popular digital assets hosted on the platform include coins like litecoin (LTC), ripple (XRP), tron (TRX), zcash (ZEC), stellar (XLM), dash (DASH) and eos (EOS) are paired with markets denominated in base currencies such as bitcoin cash (BCH), ETH, BTC, and tether (USDT).

What do you think about the token BTCSHORT? Let us know in the comments below.

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Bitcoin.com Exchange Now Supports Reserve’s Stablecoin RSV and the Utility Token RSR

16/04/2020 by Idelto Editor

Bitcoin.com Exchange Now Supports Reserve Stablecoin RSV and the Utility Token RSR

Bitcoin.com’s Exchange continues to grow and during the last few months, the platform has added support for a number of well known tokens. This week, the trading platform has added support for the Reserve stablecoin (RSV) and the project’s utility token (RSR). Bitcoin.com Exchange users will be able to trade RSV and RSR with trading pairs like bitcoin cash (BCH) and tether (USDT).

Also read: China’s Research Institute Updates Crypto Ranking — Review Affected by Pandemic

Bitcoin.com Exchange Adds Two Reserve Tokens – RSV and RSR

Since launching the trading platform Bitcoin.com Exchange last September, the service has seen considerable growth. The exchange is a simple-to-use trading engine that offers a variety of different cryptocurrencies. Popular digital assets hosted on the platform include coins like litecoin (LTC), ripple (XRP), tron (TRX), zcash (ZEC), stellar (XLM), dash (DASH) and eos (EOS) are paired with markets denominated in base currencies such as bitcoin cash (BCH), ETH, BTC, and tether (USDT). This week, the Bitcoin.com Exchange has added two different tokens from the Reserve project. The team behind Reserve wholeheartedly believes that everyone’s money “should be secure,” but also they also stress they are “building a universal store of value.”

In order to complete their goals, the Reserve team notes the project will move through three different phases that are increasingly decentralized. Reserve’s creators think that cryptocurrencies are a far better form of money, but they need to be both accessible and a store of value that can be leveraged as a unit of account. The project’s first phase will be more centralized where reserves are backed by collateral and pegged to the United States dollar. The second phase aims to utilize a “basket of assets” and still keep the USD peg. “And in the third and last phase,” the Reserve team says. “[Is] the dollar-peg, which would be abandoned to stabilize the real purchasing power of Reserve.

Stablecoins Offer a Hedge Against Volatile Markets

Bitcoin.com Exchange users will now have the chance to obtain or trade against Reserve tokens with BCH and USDT. The two tokens that will be added include the stablecoin (RSV) and Reserve’s utility token (RSR). When an open-finance stablecoin RSV is purchased, the team says the assets used to obtain RSV are “held in a collateral smart contract, so there is always a 1:1 collateralization.” The RSR token is a utility token that has a myriad of roles in the Reserve network. The Reserve project’s decentralized price-peg scheme is similar to the way Makerdao operates.

Stablecoins like Reserve offer a number of benefits for traders looking for arbitrage and those looking to hedge against big drops in value when the crypto economy slides. If you haven’t signed up for our trading platform, the process is quick and easy. Simply register with exchange.Bitcoin.com and you’ll be able to instantly trade, deposit, and withdraw your favorite digital assets. Bitcoin.com’s user interface is designed for ease-of-use combined with a professional-grade trading platform configured to offer seamless swaps in a secure environment.

What do you think about Bitcoin.com Exchange’s continued growth? Share your thoughts in the comments below.

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Bitcoin.com Exchange to Sponsor Decentralized Collectible Card Game Splinterlands

17/03/2020 by Idelto Editor

Bitcoin.com Exchange to Sponsor Decentralized Collectible Trading Card Game Splinterlands

Splinterlands is one of the most popular collectible trading card games in the cryptocurrency scene and a successful decentralized app. To help the game attract more players, and introduce them to bitcoin cash at the same time, Bitcoin.com Exchange will be sponsoring a number of upcoming Splinterlands tournaments.

Also Read: Pirate Chain Coin Now Available for Trading on Bitcoin.com Exchange

Bitcoin.com Exchange to Sponsor Splinterlands Tournaments

The team behind the collectible card game Splinterlands (formerly known as Steem Monsters) has announced on Monday that Bitcoin.com Exchange will be sponsoring the rewards for its next two ranked play seasons. The cryptocurrency trading platform will be sponsoring a total of eight tournaments over the course of the next month with a total of $1,000 in prizes.

The tournaments will start on Saturday, March 21, 2020 and two will be taking place each weekend for four weekends. The tournament prizes will be paid out in bitcoin cash (BCH), and all entrants will be required to link a BCH wallet address to their in-game account before they can enter these Bitcoin.com Exchange sponsored events.

“Splinterlands is extremely excited to have Bitcoin.com Exchange – one of the most well known and trusted brands in the cryptocurrency space – on board as a sponsor,” the team stated. “We expect this partnership to greatly benefit the users of both platforms and we’re looking forward to more opportunities to work together in the future.”

Bitcoin.com Exchange to Sponsor Decentralized Collectible Card Game Splinterlands — Splinterlands.com

Bitcoin.com Exchange was launched in early September 2019 as an easy-to-use platform with world-class security and a powerful trading engine. The platform employs institutional-grade encryption, two-factor authentication (2FA) and IP whitelisting to keep user accounts secure at all times. Available digital assets include ADA, ATOM, BCH, BTC, EOS, ETC, ETH, LTC, ONT, TRX, USDT, WAVES, XLM and XRP.

Games Are Great Applications for Crypto

Digital collectible card games such as Blizzard’s Hearthstone are wildly popular all around the world and bringing in billions in revenue each year according to gaming industry analysts. Many also think that the field is a perfect match for cryptocurrency-based collectible game items. Splinterlands provides an example of why this is, leveraging the technology to stand out from the established options.

Utilizing the transparency of the blockchain it’s possible to see how many of each different card exist in the entire game, so players can know exactly how rare and valuable their cards actually are. And cards can only be transferred with owners’ private keys, which means that the operators of the game cannot take them away from players and they are free to buy, sell, or trade them as they see fit, just like physical trading cards.

Additionally, all of the battle results, and the cards contained in packs, are generated by a published algorithm based on unpredictable data from the blockchain itself. The developers explain that this means that no one, not even themselves, can tamper with battle results, or give certain players better cards in packs.

Every match of Splinterlands consists of an ever-changing set of combat rules, a timed team building session and the actual fight. On average a fight won’t last longer than two minutes, guaranteeing an exciting experience and the ability to play on the go. By changing the combat rules with every fight, the game achieves unique fights and challenges players to really get to know their cards.

Unlike other card games, where it’s simply the player with the overall stronger team that wins, players in Splinterlands are challenged to adjust their team for every fight to best comply with the rules and achieve victory. Currently, there are over 200 different cards with balanced statistical mechanics and 46 abilities.

Splinterlands has also introduced another unique feature to add value to their cards by addressing the problem of duplicates in a completely different way from most games. Duplicate cards can be combined to create a stronger card. Not only will the player have leveled up but by combining the two cards, the player is also automatically reducing supply.

The use of blockchain technology and crypto assets in video games has begun to attract attention from the mainstream gaming industry recently. For example, in January it was reported that French video games giant Ubisoft is looking to support new startups in the field as the next season of its incubator program will focus on blockchain technology.

“Blockchain technology is entering every single industry, including the Entertainment industry,” explained the Ubisoft Entrepreneurs Lab. “We can see a nascent ecosystem flourishing in many different directions exploring new possibilities to envision the relationships with the gamers, and between them, virtual assets ownership and exchanges, transaction security, and all what a crypto currency can allow. We have already worked with Blockchain startups now for more than 3 seasons and we want to keep on progressing on that mysterious but promising topic.”

What do you think about Bitcoin.com Exchange sponsoring the decentralized card game Splinterlands? Share your thoughts in the comments section below.

Images courtesy of Shutterstock and Splinterlands.

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The post Bitcoin.com Exchange to Sponsor Decentralized Collectible Card Game Splinterlands appeared first on Bitcoin News.

Pirate Chain Coin Now Available for Trading on Bitcoin.com Exchange, Joins New Alliance

14/02/2020 by Idelto Editor

Piracy Coin Pirate Chain Now Available for Trading on Bitcoin.com Exchange, Joins New Alliance

Pirate Chain (ARRR) is a privacy-focused cryptocurrency with non-optional, private-only addresses and transactions. This coin has is now available for trading to users of Bitcoin.com Exchange, soon after the team behind it joined the Blockchain Privacy, Security & Adoption Alliance.

Also Read: Users of Bitcoin.com Exchange Can Win Rewards Worth $25,000 in Gocrypto Trading Competition

ARRR Now Available for Trading on Bitcoin.com Exchange

Bitcoin.com Exchange has added support for trading Pirate Chain (ARRR), a privacy-focused cryptocurrency with non-optional, private-only addresses and transactions that are shielded by ZK-Snarks technology. The developers of the coin state that they aim to create the most secure and anonymous cryptocurrency, and explain that ARRR is secured by Bitcoin and Komodo’s hashrates through a Delayed Proof-of-Work algorithm.

Pirate Chain’s Captain Draeth commented on the Bitcoin.com Exchange listing: “It is difficult to find a large exchange that is willing to list privacy coins, especially Pirate Chain since we are one of, if not the most, private coin in existence. On top of that, most of the larger exchanges require some sort of company or corporation behind it, which goes against the ethos of Pirate Chain and crypto in general. Being able to list on this exchange shows that there are larger exchanges willing to list coins that represent financial freedom, because that’s exactly what Pirate Chain stands for.”

To help introduce Pirate Chain to its users, Bitcoin.com Exchange is hosting a trading competition and a draw where users can win prizes in ARRR and BCH. For the exact details of the terms and conditions check out this page.

Pirate Chain Joins Blockchain Privacy, Security & Adoption Alliance

The Pirate Chain team has recently announced a partnership to form the Blockchain Privacy, Security & Adoption Alliance (BPSAA). In addition to Pirate Chain, current members of the BPSAA include Turtle Network, Sentinel and Ether-1. The alliance aims to lead by example on innovation and cooperation and become a vocal champion for the blockchain industry.

Turtle Network is a highly scalable smart contract platform with a decentralized exchange (DEX) featuring multi-currency secure wallets for all activities. Ether-1 is a community-governed, decentralized, content and web-hosting network. Sentinel is a multi-protocol ecosystem focused on equal access to a marketplace of distributed services and resources.

The BPSAA says it will continue to expand its foundation by onboarding projects with strong vision and real-life usage potential. Interested projects need to contact the alliance and applications will be reviewed on a periodic basis.

According to BPSAA founder Pirate Chain Captain Draeth: “All members hold the belief that cross-platform interoperability between projects will create value and exciting innovative cross-chain fintech solutions. Each member provides a unique role and has their specialization within the alliance. This creates the foundation for a well-rounded alliance with a wide range of tools and skillsets. Together the alliance aims to set new standards for collaboration and innovation in the blockchain industry.”

Benefits to BPSAA members include a common forum of developers to help provide technical and integration assistance, a group think tank to cultivate ideas for new solutions, a united co-marketing effort that increases the visibility for all alliance members, and the right to vote on new alliance member applicants.

What do you think about Bitcoin.com Exchange listing pirate chain for trading? Share your thoughts in the comments section below.

Images courtesy of Shutterstock.

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