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Messages - shalinimittal

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1
Social Trading vs Copy Trading!

Which one to choose?

Which one can help me add more profit?

2
Crypto Discussion / Re: What is your opinion on decentralization?
« on: November 11, 2020, 12:15:48 PM »
I think decentralization is one of the best things to happen to the finance world. If it happens, means implemented worldwide, it will disrupt the finance industry for good. We will no longer have to depend on centralized entities such as banks for transactions, nor will we need to share our personal information with a third-party or middleman when performing a transaction.

It will also save the cost. There are a number of projects working to make decentralization a reality. DCI Ecosystem, for instance, uses blockchain decentralisation for enabling small businesses to find and connect with investors in order to raise funds through security token offering. You can find more about DCI project

3
I was reading about the DCI ecosystem, but I still didn't quite understand how exactly will this system help a business owner like me raise funds without the traditional IPO. My company is too small for an IPO, so can I use DCI to raise funds without going public?

4
Crypto Discussion / Top 5 Tips for Investing in Cryptocurrencies Wisely
« on: October 21, 2020, 01:53:54 PM »

If you’re an investor, you are probably also investing in cryptocurrencies. If not, start today. Cryptocurrency is today one of the best assets you can put your money in. Not just the currency, but the entire crypto market is full of opportunities. However, there are also some risks associated with crypto investments, and if you are not careful, you can lose a great deal in this market.

So, here are some smart tips for investing in cryptocurrencies with the aim to make good profits and stay away from bad decisions. These tips are helpful for both novice and existing investors looking for help to make smart investment decisions.

Do you diligence


Before investing in any new market or commodity, it is important that you do your research and know everything there is to know about that product. The same goes for cryptocurrencies. If you study about cryptocurrencies, you’ll know that they are highly volatile and can shift in value very rapidly. That means you can lose your investment or make double the profit with cryptocurrencies in very little time.

Most crypto investors, especially the new ones, make abrupt decisions in the fear of missing out (FOMO), which usually leads them to lose everything they invested. So, be careful and research the currency you are planning to invest in.

Don’t always believe the hype


It’s wise to listen to the market and what the trends are saying, but investing solely based on hype is unwise. In fact, the worst decision you can make in your investment journey is to buy a coin believing what the crowd is saying. Instead, one should ask the experts in a field and then study all the possibilities before investing in a new coin.

Look beyond bitcoin


Bitcoin might be the backbone of cryptocurrencies, but it’s not the only coin you can invest in. If you are open to exploring the crypto world, there are many altcoins that you’ll actually like and might even prefer over bitcoin for long-term investment.

For instance, the Titan Coin is a digital payment currency the same as Bitcoin, but unlike bitcoin, it comes with a series of use cases that in fact boost the coin demand and liquidity.

Invest only what you can afford to lose


The golden rule of investing applies more than ever in the crypto world. Since this market is highly volatile, you should always be ready to lose your investments (hypothetically saying). In other words, you should invest in cryptocurrencies with only what you can afford to lose comfortably. That said, do not break your savings or take a loan to invest in cryptocurrencies.

Diversify your crypto portfolio


Diversifying is the single best strategy to mitigate risk and increase profitability in an investment. By diversifying your portfolio across multiple cryptocurrencies, both volatile and stable, you’ll reduce your overall risk and keep the losses minimal.

Besides bitcoin, you can invest in multiple other digital currencies that you like and favor. This way, even if you lose your investment in one coin, your portfolio remains safe from a total disaster.

Use these tips the next time you start investing in cryptocurrencies. Take wise and sensible decisions rather than going with the hype. Always do your research before investing in a new asset.

5
Titan Coin is a digital currency that can be used for making instant, low-cost payment to anyone, anywhere in the world. Originally launched as the native coin of the Titanprojects ecosystem, it has now turned into a powerful & global payment system for everyone.

Titan Coin (TTN) is a cryptocurrency based on the Titan Blockchain and using an advanced X21s mining algorithm for efficient and low-cost crypto mining.

The main function of the Titan Coin is a digital payment system that can be used globally for both offline and online transactions. Also, as the native coin of the Titan platform, TTN can be used for performing transactions within the app ecosystem.

If you are planning to buy the Titan Coin or want to invest in the project, you can do so using any of the top exchanges where the coin is listed. These include the Titan Exchange, Mercatox, Crex24, SouthXchange, and P2PB2B.

Here's how to buy the Titan Coin from these exchanges:

Titan Exchange (TTNEX)


The Titan Exchange is the native crypto exchange platform for the Titan Coin. The exchange was launched by the Titanprojects team with the aim to provide crypto traders with an easy, secure, and low-cost way to trade cryptocurrencies.

The platform supports all the top coins, including TTN, LTC, BCH, DASH, ETH, DOGE, and others. As the native exchange, it is the most preferred way to buy / trade the Titan Coin.

To buy or trade TTN on the Titan Exchange, just sign in to your TTNEX account and click the buy option for TTN.

MERCATOX


Mercatox is a leading cryptocurrency exchange that is known to offer a reliable way to trade and P2P exchange cryptocurrencies. It supports a range of digital and cryptocurrencies. Other features include a multi-currency e-wallet, margin trading, lending, a variety of payment methods, etc.

You can trade TTN on Mercatox

Crex24

Crex24 is a very popular crypto exchange that offers low commission rates and high security for crypto traders. You can trade almost all the popular digital currencies on this exchange. It also supports fiat deposit and withdrawal. The team is constantly working to add more functionalities and features to the platform.

Trade the Titan Coin on Crex24

P2PB2B

P2PB2B is a cryptocurrency exchange that lets you buy and trade cryptocurrencies like TTN with your credit card, which means beginners and new crypto investors can buy altcoins directly using their credit card without having to buy bitcoin first.

To trade TTN on the P2PB2B exchange

SouthXchange

SouthXchange is a digital currency trading platform designed with a focus on providing users with a secure, simple, and feasible way to buy/sell cryptocurrencies. The platform is managed and operated by an Argentina-based software company called PRO-Systems.

Buy the Titan Coin here


So, these are the best platforms to buy or trade the Titan Coin. You can also check out the official Titanprojects website to know about the exchanges where TTN has been listed or will be listed in the future.


6
Are you planning to invest in cryptocurrencies and looking for the best way to get started? Then, you are in the right place.

Cryptocurrencies are getting popular as a new and more profitable way of investing. Because of their volatile nature, crypto coins can enable you to make more profit in less time compared to traditional markets like stocks and bonds.

Before you start investing in cryptocurrencies, it's important to have a basic idea of what a cryptocurrency is and how it works so that you can make better investment decisions in the long term.

What is a cryptocurrency?

A cryptocurrency is a type of digital currency that can be used to make payments and perform other types of monetary transactions in a transparent yet private manner. Most of today's cryptocurrencies work on blockchain technology, which is a peer-to-peer system for verifying, recording, and processing transactions involving cryptocurrencies. All the records and data in a blockchain are stored in a decentralized, distributed ledger and cannot be changed once recorded.

Cryptocurrency is an independent currency, i.e. it is not governed or regulated by any centralized entity like a bank or the government. The value of a cryptocurrency is derived by the user sentiment, the same as any other asset. With cryptocurrency, you get the benefits of transparency, low or zero transaction fees, among other things.

Investing in cryptocurrencies will usually follow these steps:


Investing in cryptos is more or less like investing in stocks or shares. It involves the same procedure, finding an exchange based on your requirements, investing in the right cryptocurrencies, and then tracking the portfolio performance.

1. Finding the right crypto exchange


A cryptocurrency exchange is a platform that allows you to trade (buy/sell) cryptocurrencies. Your focus should be to find and join an exchange that provides access to a large variety of coins, has low transaction fees, supports fiat or bank deposits & withdrawals, and most importantly, is secure and reliable.

There are many good crypto exchanges out there, such as Binance, TTNEX, WazirX, etc. Compare and choose the best one for your needs.

2. Join the exchange and start trading


Once you have found a good exchange platform, half of your work is done. Now, you only have to sign up and complete KYC on the exchange website in order to start trading.

Once you are done with that, you can start depositing funds in your exchange wallet through wallet transfer, credit/debit card, or bank deposit, as allowed by that particular exchange. Once you have funds in your wallet, you are ready to buy some cryptocurrencies.

Now, choosing the right cryptocurrency for investment is very important. You can look at the past history and records of a particular coin that you like. Also, you can consider investing in top coins like BTC, ETH, among others. If you have a deeper understanding of the crypto market, do your research and invest in high-potential, long-term cryptocurrencies like the Titan Coin.

You can invest in the Titan Coin via the TTNEX exchange or any of the other top exchanges where the coin is listed. I recommend holding your TTN for a certain period and sell for a high price in the coming future.

7
Are you planning to invest in cryptocurrencies? Well, you couldn’t have chosen a better time. Now is the perfect time to start your crypto journey and make some nice, profitable investments. Whether you’re looking to invest in the short-term or for the long-term, cryptocurrencies can guarantee the best returns.


If you are here, you are probably looking for tips for investing in cryptocurrencies and how to get more profit from cryptocurrencies. So, here you go.


Best Tips for Cryptocurrency Investors


#1 Stay Invested in Bitcoin

 

Bitcoin is a volatile cryptocurrency and also very powerful. Presently, it is stuck in the 10k hurdle, but it will eventually overcome it, as it always does. Once it happens and the bullish run starts, you can expect Bitcoin to reach as high as $20,000 or even higher.


So, if you hold some bitcoins in your wallet, stay invested. If you don’t, buy some bitcoin now while the price is low.


#2 Explore New Altcoins


Besides bitcoin, make sure that you have in your portfolio some good altcoins. Altcoins are alternative cryptocurrencies that are created on the shortcomings of bitcoin, which automatically makes them better than bitcoin in terms of actual uses. For instance, Titan coin, which is an altcoin, can be used for making cross-border payments quickly and at a low cost. Also, the coin comes with its own set of use cases in the form of Titan applications and also allows payments at local/online merchants.


#3 Buy Low, Sell High


It is always the right time to buy when the price is low. The price of most cryptocurrencies is low now, which makes it a superb time to buy. Buy low and then wait for the price to go up. Hold for the long term if you wish to make a significant profit from your crypto investment.


#4 TTN is a Strong Buy


If you take a look at the signals in the crypto market, they all will tell you to buy TTN. Titan Coin is a strong cryptocurrency and has a powerful community of users and investors backing it. There is always a demand for a good coin in the market, and TTN is one such coin. Now that the price is reasonable, all investors are recommending to buy TTN. Buy now to make good profits in the near future.


#5 Buy ETH, BNB, and XRP


Other cryptocurrencies with strong buy signals include ETH, Binance Coin, and Ripple. All these coins have shown good potential in the past and touched the milestone several times. They are trading on the lower side, as of now, which makes it the best time to invest in time. In the next few weeks, you can expect the price to rise.


#6 Keep Your Exit Plan Ready


Even before you start investing in cryptocurrencies, make sure that you have an exit plan. Having an exit plan is important for your peace of mind. For instance, you can commit to exiting when your portfolio has reached a certain level. The best way to do that is to place a Stop Limit with your orders.


Hope you like these crypto investment tips and find them useful in your investment efforts. If you have questions or comments, feel free to share below.

8
Cryptocurrencies are gaining a lot of popularity among both novice and expert investors these days. Ever since the crypto explosion of 2017, everyone seems to be interested in cryptocurrencies and wants to get a piece of the pie. However, one should be very careful when investing in cryptocurrencies. There are risks involved in this kind of investment, and it’s wise not to invest before you know about the risks.

Should you invest in cryptocurrencies - Pros and Cons



Investing in cryptocurrencies has its own set of pros and cons, which include:

Security & anonymity (+)


Cryptocurrencies are powered by blockchain technology, which is a decentralized technology for peer-to-peer, anonymous, and private transactions, meaning you can use cryptocurrencies to send/receive money in a totally secure and anonymous manner.

Decentralization (+/-)


One of the major features of blockchain technology is decentralization, which means the network as well as the transactions or funds are unregulated and not governed by any centralized entity like banks or governments.

While this can be a good thing for privacy seekers, this also creates a number of complications, as a currency without proper governance can be volatile and be used for illegal purposes without being traced.

Volatility (+/-)


Talking about instability in cryptocurrency prices, the high volatility of cryptocurrencies can be a good thing as this investment can provide huge returns in less time compared to traditional investments. However, this can also be a negative thing, as the unpredictable price of bitcoin makes it difficult to be used for regular transactions such as payments.

Independent of Recession (+)


One of the good things about cryptocurrencies is that they are mostly independent of traditional markets like the stock market and banks, and any shift in the traditional market has no major impact on the value of cryptocurrencies.

Altcoins (+)


Another good thing about cryptocurrencies is Altcoins. Altcoins are cryptocurrencies that were/are created as an alternative to Bitcoin (the first global cryptocurrency) and usually provide a solution to the Bitcoin problems.

For example, Titan Coin is a digital currency that is designed to be less volatile and provide a range of applications as global, digital payment currency. Payments with the Titan Coin are secure, fast, and completely private.

Conclusion - should you invest in cryptocurrencies?


You should, if you wish to join the latest digital currency market and wish to leverage the blockchain technology for seamless, cross-border transactions. However, do your research and select the best cryptocurrencies that are backed by a good team and concept before you invest.

There are many new cryptocurrencies being launched almost daily, some of which have really good use cases and great concepts. Look for digital currencies that are trying to solve the world’s problems while providing common users with a nice and easy way to adopt blockchain technology.

On the other hand, if you are looking to make quick profits with cryptocurrencies, you can invest in trending coins such as Bitcoin, ETH, and others that have high volatility.

9

With the price of top cryptocurrencies like BTC and ETH continuously dropping, investors/traders are moving towards more stable and value-driven coins, including TTN and NEO.

However, that does not mean that people are going to stop investing in Bitcoin. On the contrary, experts believe that this temporary downfall in the Bitcoin prices is actually going to be a good thing for the coin, as traditional investors might be encouraged to invest at high prices.

Nevertheless, the recent trends have confirmed that the user interest in value-based cryptos is growing each day, and so we can see a significant rise in the number of people investing in such cryptocurrencies.

Now, let’s get to know about the top 5 cryptocurrencies that everyone should look out for, this week and beyond.

Bitcoin

Bitcoin started its journey downwards after reaching a year-high of $12,200 on August 18, 2020. Ever since it has maintained a price of ~$10,000 but is struggling to get support beyond this level.

Given the high volatility that BTC has shown in the past, nothing can be said for certain about whether or not it will break the barrier in the coming days. But, yes, bitcoin investment still remains a lucrative option for beginners and expert traders alike.

Binance Coin (BNB)


BNB, which now sits at 5th position in the Coinmarketcap ranking of top cryptocurrencies, showed some positive signs this week. The price that started at around $21 at the start of the week, is now over $30 (at the time of writing this article), with no indication to stop anytime soon. This week is expected to be better for Binance investors and traders.

NEO

NEO, the open-source cryptocurrency backed by its blockchain smart contracts, has been an investor-choice ever since it was founded in 2014. Even this week, it has shown significant depths, as the price moved from around $17 to over $21 in a matter of a couple of days. But again, nothing is certain with cryptocurrencies, and one must do their research before investing.

Titan Coin (TTN)

TTN, which is a relatively new player in the market, has been giving a strong run for money to top competitors like Ripple and NEO. The user interest in this coin has improved significantly over the past year, mainly thanks to the TTN’s solid global payment gateway and a set of apps, called TitanProjects, that promise greater uses and liquidity for the coin. Titan Coin might just become the next big crypto thing, so you better keep an eye out for it.

LINK

LINK (Chainlink) is said to be the next big cryptocurrency of our time. And the data definitely agrees to that. In the past week or so, the LINK price has moved between $11 and $13, which shows the user interest is varying in this coin. This also shows a good future for the currency and the project it backs.

In the end, I would just say that one should invest in the project and not in the coin. Do your research, get to know the project, the team, and the concept. If it’s something that drives you, become a part of it. Keep an eye on the market, and keep adjusting your portfolio accordingly.

10
Trading / How to buy Titan Coins (TTN) In The 4 Easy Steps?
« on: September 11, 2020, 09:12:36 AM »

Titan Coin (TTN) is one of the fastest-growing cryptocurrencies in the market. It’s close to a stable coin but contains the volatility of standard cryptocurrencies, allowing price to change significantly.

Titan Coin was originally launched as a digital payment currency that could be used for performing low-cost and instant cross-border transactions. But, it has now grown to become a complete blockchain ecosystem not just for payments but for everything decentralization.

One can buy and trade the Titan coin on a number of popular exchanges, use the coin to make/accept payments, use the Titan platform and blockchain to create their own applications, and benefit from the existing Titan apps (projects).

Titan projects include a bunch of futuristic apps like the Titan Family Security App and Salesman Tracking App which are created with the aim to help people with day-to-day tasks and make life easier.

Besides that, the Titan projects provide use cases (applications) for the Titan Coin, as all the apps accept TTN as the primary option for in-app payments for services.

Buying the Titan Coin is a wise decision for many reasons, including:


1. Huge future scope
2. Strong applications for TTN
3. A powerful team
4. A realistic coin concept
5. Trading profitability — price appreciation

So, if you are ready to buy the Titan Coin, here’s the step-by-step process you should follow:


1. Find and register with an exchange
2. Load money into your wallet
3. Choose your payment method
4. Make the payment
5. Transfer TTN to your wallet (optional)

How to buy Titan Coin (TTN) easily


1. Find and register with an exchange


As of now, TTN is listed and can be purchased via a number of top exchanges, including TTNEX, Mercatox, Crex24, SouthXchange, P2PB2B, and others. For the reference of this article, we will discuss the process of buying the Titan Coin on the TTNEX Exchange.

TTNEX (Titan Exchange) is the official exchange for TTN. It allows you to buy/trade the Titan Coin against a number of top coins like BTC, ETH, among others.

In order to buy TTN from the Titan Exchange, a person has to first register on the platform. To sign up, visit TTNEX and click on the Register option at the top. Complete your KYC in order to start buying cryptocurrencies.

2. Load money into your wallet


Before you can start buying cryptocurrencies, you must have sufficient funds in your TTNEX wallet. If you don’t, first deposit funds into your wallet. You can buy TTN for BTC, ETH, and other coins.

3. Choose your payment method


Once you have loaded funds to your TTNEX wallet, you’re ready to buy TTN. To do that, select the number of TTN you wish to purchase and make the payment using any of the available options.

Once your payment is verified by the exchange, the TTN amount will be transferred to your exchange wallet.

4. Transfer TTN to your wallet (optional)


This is an optional step. If you are buying a large number of coins and plan to hold them for long, it is recommended to use a physical or hardware wallet which is more secure compared to online wallets.

So, this is the easy process of buying the Titan Coin. Do hold your TTN for the long-term for significant profits.

11


Well, here’s some good news for all the investors and staking-enthusiasts who are eagerly waiting to join the WISE ecosystem.

The WISE Staking will go live in six weeks’ time (October first week), on a test basis, where users will be allowed to reserve WISE by sending ETH to the smart contract.

This is NOT the official launch. We are only making the platform live so that interested users & investors can RESERVE the tokens in advance. The hard launch of WISE is scheduled in November. It will be a 50-days event, during which 5 million WISE will be available to be reserved on each day of launch.

The official date for the WISE hard launch is 11th Nov, 2020.

During the test phase, users can start reserving WISE on a preliminary basis by sending ETH to the WISE contract. The process will be live on our official website, and you can connect with MetaMask to start staking.

About WISE

WISE is a Proof-of-stake cryptocurrency with a dedicated staking mechanism to allow users to earn money through interest. You can create a stake by reserving WISE during the launch period. To reserve WISE, users will need to send ETH to the WISE contract. Then, they can reserve (stake) their WISE tokens in the contract for a specific time period (called stake length).

For the stake length, your stake will generate interest through WISE appreciation and bonus shares. The interest, along with the principal, will be payable to stakeholders at the time of maturity. However, an investor can also withdraw his stake interest even before maturity for a zero fee.

Flexibility in withdrawals is one of the best features of WISE. It’s highly secure and contains low risk compared to traditional deposits like bonds. The interest rate is also higher.

You can start reserving WISE in six weeks’ time, while the actual distribution will start after the Hard Launch on 11th Nov, 2020.

For more updates and news, follow our Telegram channel www.t.me/WiseToken

12

In order to increase the circulation of the Titan coin and allow more people to benefit from our cross-border payment system, Titanprojects has decided to sell out around 400 million TTN, which is exactly 50% of the total premine coins.

As of now, TTN has a limited circulation in the market. Only the coins which were either mined or staked before and the ones that were distributed in referral and bounty programs are in circulation. Since we have never sold any coins to the public, the number of TTN in circulation is limited currently.

But, that’s going to change once we start selling 50% of premine TTN coins. The start date for sale will be announced shortly. And the sale will be performed only on the official Titan Exchange, which is www.ttnex.io.

There will also be a buyback program associated with the upcoming Titan Coin sale. This will be a guaranteed buyback, which means the buyers will be able to sell back their TTN to the company at a fixed (guaranteed minimum) price.

The buyback offer will be in force for at least 6 months or 1 year (to be confirmed at the time of launch). The TTN buyback will ensure the minimum value of the Titan coin. The sale and buyback will take place on the Titan Exchange.

New exciting things are coming along for the Titan users, investors, and partners. If you have already invested in the Titan Coin, keep HODLing your funds, as the value might surge soon with these new launches.

The Titan Exchange (TTNEX) is already live, so you can start trading TTN along with other major cryptocurrencies on the exchange in a low-cost and transparent manner. Also, make sure to subscribe to our official Telegram Channel to stay on top of the latest news & updates about TitanProjects.

Happy Investing!

13
We are excited to let our community know that Titan projects are planning to soon launch its own Giveaway and Bounty Program. If numbers are to be believed, this will be the biggest Giveaway and Bounty Program in the history of cryptocurrency, as of yet.

 

The upcoming Titan bounty program will be giving away free Titan Coins to the participants for performing a few easy tasks.

 

As per our initial calculations, the total worth of the Titan Giveaway and Bounty Program is likely to be around USD 12.5 million. In other words, Titan coins worth a total value of over USD 12.5m will be distributed for free during the campaign.

 

This is going to be the biggest cryptocurrency giveaway program in terms of numbers. No other project or cryptocurrency can even come close to these figures. That’s how much we value our users and community.

14
General Discussion, Non Crypto Stuff / How WISE Works for Investors
« on: August 13, 2020, 12:22:37 PM »
WISE Token is a revolutionary Decentralized Finance platform that gives users a secure and flexible way to earn returns on their money.

It involves staking tokens in the WISE contract in order to create and earn interest over the staking period.

WISE Staking is completely flexible and highly profitable, as you can withdraw your interest or liquidate your funds at any time.

The returns/interest is also higher than traditional assets like bonds and CDs.



How it works
In order to start earning with WISE, you’ll first need to reserve WISE during the 50-day launch period.

About a million WISE tokens are available on each day of launch.

So, you can buy any number of WISE you want by sending ETH to the contract.

The next step is to lock up your WISE in the contract in order to earn interest from it.

In exchange for your stakes, you’ll earn interest over the period.

You can open as many stakes as you want.

At the time of opening a stake, you’ll be asked to choose the amount you wish to lock up and a stake length or the number of days for staking.

The longer and more you stake, the more you can earn.

The interest earned through the WISE contract can be redeemed at any time as per your convenience and need.

You can also sell your stake on the exchange.

Upon the maturity of a stake, you can withdraw the principal plus interest at any time, without penalty, and at a zero fee.

If you need to sell your WISE stake or cash out your investment immediately, you can do so on the Uniswap DEX (decentralized exchange).

There is a reserved pool of liquidity on Uniswap created specifically for WISE stakers.

Any time you wish to cash out, simply go to the Uniswap exchange and sell your stake instantly.

No KYC is needed to trade on Uniswap, and you can swap from your private wallet.

WISE staking is completely safe, as you’ll be investing from the safety of your own private wallet.

Also, you get the flexibility to access or withdraw your interest at any time for a zero fee.

Thanks to the massive liquidity pool of WISE, you never run short of funds to withdraw.

However, if you choose to end a stake early you may have to pay a penalty on the principal amount.

All fees & penalties earned this way are redistributed to other stakers.


WISE Investor Benefits

If you are still wondering why you should stake in WISE or how it is better than other options, here you go.

The best WISE investor benefits include:

High Interest
With WISE, you get a higher interest rate compared to traditional investment options like bonds and CDs (certificate of deposit).

No Penalty
You have to pay no penalty on a mature stake, no matter how late you withdraw your funds.
Also, there is no penalty on closing a Pending stake before it becomes Active.


Withdrawal flexibility
During the staking period, you can withdraw the interest amount at any time you like or find the need.
Unlike other investments, WISE does not charge a fee or levy a penalty on early withdrawal of interest.


High Liquidity
Thanks to the massive WISE liquidity pool on the Uniswap DEX, you can instantly and at any time cash out your stake and get the money in your account.

To know about WISE token and contract, please visit https://wisetoken.net/

15

The cryptocurrency industry is evolving at a rapid pace. There are numerous varieties of digital currencies now in the market. While this helps users with multiple options to invest in cryptocurrencies, it may also confuse some who are not very well accustomed to the different types of cryptos.

In this article, we will be talking in detail about stablecoins, along with some examples of the top stablecoins for investment this year.

What are stable coins?

Well, as the name implies, a stable coin is more stable in price than other cryptocurrencies.

In terms of price stability, cryptocurrencies can be divided into two major categories — volatile coins and stable coins. Cryptocurrencies like Bitcoin and ETH are highly volatile as their prices keep changing very frequently. On the other hand, the price of cryptocurrencies like Titan coin and Tether is relatively stable.

Because the price of stablecoins remains constant and stable, they are preferred for long-term investment. One can earn significant returns by HODLing stablecoins for some time. Also, there are some platforms that offer an interest on stablecoins.

At the time of writing this guide, the following are the top stablecoins in the crypto market.

1. USDT (Tether)

USDT or Tether coin was launched in 2015 as the digital equivalent to popular national (fiat) currencies like the US dollar and the Euro. In other words, the price of USDT essentially reflects the price of USD at a given time.

Because the price of Tether is linked with the price of USD and other fiat currencies, it’s more stable than any other cryptocurrency out there.
Even though Tether is an ERC-20 token, its price is very stable, which is why it is the most widely adopted stablecoin in the market. At the time of writing this post, USDT was #4 in the CoinMarketCap’s list of top cryptocurrencies, with a total market cap of over $10 B USD.
You can invest in USDT through any crypto exchange or from the official website.

2. Titan Coin (TTN)

The price stability of a cryptocurrency also depends on its constant demand. Coins like BTC and ETH are volatile because their demand is dynamic and keeps changing.

Titan Coin is a stablecoin in that the coin demand is constantly rising owing to the fact that it is backed by a strong system of use cases. In order to keep the TTN price stable, the founders have created a growing series of apps, called titan projects, that present unlimited use cases for titan coin holders and investors.

In other words, the price of TTN is stable thanks to the increasing demand for titan apps or projects.
You can invest in TTN through the exchanges where it is listed, including the official exchange TTNEX.

3. USD Coin (USDC)

USDC or USD Coin is a digital currency that, the same as USDT, is linked with the value of USD. The price of each USDC represents the value of a dollar. In fact, for each USDC bought from the market, 1 USD is held in reserve. The US dollar reserved for USDC is audited monthly for added transparency.
USD coin is supported by Centre with founders including Coinbase, Bitmain and Circle.
USDC is an Ethereum token and works on the Ethereum blockchain. You can buy or invest in USDC through popular exchanges like Binance, Uniswap, and others.

4. BUSD

BUSD is the official stablecoin by the world’s biggest cryptocurrency exchange Binance, which was created in partnership with Paxos Trust Company.
As a stablecoin, the value of BUSD is linked with fiat currencies. It’s an ERC-20 token and works on the Ethereum blockchain. The value of BUSD is linked with US dollars reserved in various banks across the U.S.
The price of Binance USD is regulated and governed by the New York State Department of Financial Services, making it one of the most reliable and trusted stablecoins in the market.

The simple, straightforward pricing backed by a strong payment system makes BUSD ideal for investment as well as day-to-day payments.

5. MakerDAO


MakerDAO launched its stablecoin called DAI in 2017. However, this stablecoin is different from most other stablecoins in the market, in that the value of DAI is not backed by USD or any other fiat currency, but by ETH.

DAI is one of the first stablecoins to have its value backed by another cryptocurrency.
DAI has been seen as a stable, decentralized currency that is unbiased and gives everyone equal opportunity to realize the advantages of the digital economy. DAI has zero volatility and the price is as stable as any fiat currency. As of now, over 400 apps and digital platforms use DAI for secure, decentralized payments.

You can invest in DIA through exchanges. Also, you can earn DAI by staking in the contract.

6. Paxos Standard

Paxos Standard, or PAX, is a stablecoin launched by Paxos Trust, LLC, a New York-based payment services company.
Same as most other stablecoins, the price of PAX is backed by the US Dollar in 1:1 ratio, i.e. each PAX token holds the value equal to a dollar. Also, the company provides easy liquidity to allow anyone to sell/exchange their tokens for USD at any time.
The US dollars reserved for PAX tokens are held in U.S. government treasuries or FDIC-insured U.S. banks. The token is regulated by the New York State Department of Financial Services.

You can buy PAX from any of the over 150 exchanges and OTC desks where it is listed.

7. TrueUSD

Another stablecoin that gets its value from the US dollar. TrueUSD is an ERC-20 token based on the Ethereum blockchain.
However, TrueUSD is more trusted than other stablecoins, as its value is fully fiat-based and legally protected. The coin is transparently verified by authorized parties and managed by trusted people with a background in fortune-500 companies.
With the aim to bring stability to the otherwise volatile crypto market, the company is also working on tokenizing other physical assets like Euro, bonds, etc.

The Bottom Line…

The future of stablecoins is very bright. They give you the advantages of digital currency, without the volatility. You can invest in stablecoins, hold them, stake them, and will get almost guaranteed returns.

All the above-mentioned stablecoins are doing an amazing job, and people are actually investing in or using them for day-to-day transactions. Now is the best time to become a part of the revolution.

So, did you like the article? What’s your take on stablecoins? Have you invested or used any stable coin? What do you think of it? Do let me know in the comments.

Originally Publish on addusastory.com

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