Newcastle United Goes to Crypto with StormGain

[stormgain.com]

Popular cryptocurrencies look ambiguous due to problems with Ethereum in China

According to the cryptocurrency trading platform StormGain, the most popular cryptocurrencies do not show common dynamics on Tuesday. Ethereum looks worse than the rest, its quotes suffered from the news that a massive withdrawal of the digital asset was noted on the digital exchanges of China. Investors are deleting their accounts on exchanges and encouraging other users to do the same. Chinese crypto exchanges are worried about this situation and are trying to take some measures to counter the withdrawal of Ethereum, but have not yet come up with an effective way to solve this problem.
Other popular cryptocurrencies are still in the positive area (Bitcoin and Litecoin look better than the rest, although the growth of their quotations does not exceed 1%), despite the fact that in general the situation in the global financial markets remains quite alarming due to the consequences of the coronavirus pandemic for the global economy and the threat of a second wave of disease. Investors continue to have their finger on the pulse and can start getting rid of assets at any time.
It is possible that the most popular cryptocurrencies may grow a little more due to the fact that a correction is still ripe in the market, but the rise will most likely be very moderate due to the difficult situation in the global financial market. Bitcoin is unlikely to rise above the $10,350 mark soon, Ethereum has a chance to grow to $350, Bitcoin Cash to $230, XRP to $0.25, and Litecoin to $50.

[stormgain.com]

DeFi: Is crypto's hottest new trend a wise investment?

The crypto community is abuzz with a hot new trend: DeFi. While DeFi isn't exactly new, the success of crypto token YFI has sparked renewed interest from traders and investors in DeFi and associated cryptocurrencies. Even if you only deal in the larger cryptocurrencies, such as Bitcoin and Ethereum, the DeFi boom is worth keeping an eye on as it could affect your assets. Here's a quick guide to what's going on with DeFi, YFI, and the broader crypto market.

Pretty fly for a YFI
It's been a good week for cryptocurrency prices, even as Bitcoin struggles to break past $12K. One 'lesser' cryptocurrency stole the show by shooting up 165% in value to $38,682, over three times higher than Bitcoin, and almost twice as much as BTC's all-time high of $20,000. That token is YFI, the governance token for decentralised finance (DeFi) protocol yearn.finance.

Yearn aggregates the different yields of DeFi protocols. Users earn yields by lending their coins on various protocols or storing them in 'vaults'. Governance tokens like YFI can also be earned by users who provide liquidity in a process known as 'yield farming'. Holders of these governance tokens can, as the name suggests, also vote on proposals for the network.

Coins similar to YFI also rode the DeFi bandwagon to higher values this week. YF Link increased to $581 (328%), YFFI shot up to $84.14 (465%) and YFV rose to $56.62 (201%). YFII, a spinoff of YFI, shot up from $935 to $5,076 in three days.

Governance tokens are becoming a popular speculative asset because they're limited in supply, and investors want to get in on the action before it's too late. YFI supply is capped at just 30,000 with 29,962 tokens already in circulation at the time of writing. One of the reasons why we're seeing such dramatic price moves is that these tokens are highly illiquid, and a single large transaction can have a huge price impact.

Why invest in DeFi?
It seems everyone wants to get into DeFi, but what does this term actually mean? DeFi stands for "Decentralised Finance", which aims to replicate the use cases of our traditional financial system with high-tech and less red tape and middlemen. This means lending, borrowing, derivatives, trading securities, insurance, investments, and so on all being done through a decentralised open-source network instead of via banks. Smart contracts verified by participants on the blockchain automatically execute the terms of financial agreements. At the time of writing, there is about $8 billion worth of total value locked in DeFi contracts.

DeFi and Ethereum
This should sound familiar to anyone interested in Ethereum. In fact, the vast majority of these applications run on Ethereum. Other platforms with smart contract capabilities should also work for DeFi, but Ethereum currently leads the pack. In theory, DeFi's popularity should also give a healthy boost to ETH.

Yearn Finance's core products are 'vaults' that offer the best returns for yield farmers, while also pooling funds to reduce the labour involved for users. The crypto community is already expecting that the imminent launch of Yearn's yETH vaults for ETH will drive up demand for ETH and reduce supply since more of Ethereum tokens will end up locked in the vault for yield farming.

Boom or bubble?
While some investors are quick to jump on the impressive returns promised by yield farming, following the latest craze isn't always the right move. Long-term crypto enthusiasts will remember the ICO bubble of 2017-2018. Many DeFi projects are still speculative, carrying both risks and rewards.

Yield farming, which is what is really driving the rush on DeFi, has also come under criticism from industry thought leaders.

buterin-quote
Ethereum co-founder Vitalik Buterin has warned investors to be cautious when it comes to the DeFi sector, comparing the economic model of yield farming (which drives supply inflation of governance tokens) to the Federal Reserve printing money.

Trade in the future of crypto with StormGain
As always, the wise trader will do their own research on specific investments. But once the dust settles on the DeFi boom, cryptocurrency stands to gain across the board as the use cases for blockchain are made more apparent. That's why we recommend a diverse and flexible crypto portfolio on a platform that offers high rewards for your participation.

StormGain is the most effective crypto trading platform on the market. Available on the web or as a smartphone app, StormGain offers 24/7 trades with up to 200x leverage on the top 6 crypto coins, all wrapped in a user-friendly interface in multiple languages. StormGain also offers the best bonuses for clients on the market, including up to 15% APR interest on crypto holdings.

Registering with StormGain is easy and takes just 5 seconds. You can even see how it works completely risk-free with a free demo account. Try StormGain now and stake your claim in the future of finance!

[stormgain.com]

Popular cryptocurrencies rush up again, and bitcoin is gradually becoming crypto-gold

The most popular cryptocurrencies returned to growth after the collapse of the previous days, but the market is still characterized by increased volatility due to the uncertain situation in the global financial market. According to the StormGain cryptocurrency trading platform, the quotes of the main instruments are growing up to 10%, Ethereum feels better than other currencies, while the rest are adding more moderately (up to 3-4%).
At the same time, an interesting trend of bitcoin turning into "cryptocurrency gold" continues to show itself more and more vividly on the market - the correlation of this digital currency with the precious metal and with the American S&P 500 index reached its maximums against the background of the fall in the US dollar. At the same time, the relationship between the movement of bitcoin quotes and the dynamics of the stock market decreases.
Cryptocurrencies were also supported by the news that the Mastercard payment system has launched its own platform for testing national cryptocurrencies in cooperation with financial regulators who test their own digital currencies in a special system based on blockchain technology.
In addition, digital marketplace Binance has launched its platform in Turkey with support for fiat deposits in lira. And Kraken exchange was allowed to return to the country by Japanese authorities, and it will again serve local customers after a two-year hiatus.
Probably, in the near future, the quotes of the most popular cryptocurrencies will continue to remain unnecessarily volatile due to the uncertainty of the situation in the global financial market and the nervousness of investors. At the same time, it is possible that Bitcoin may rise in price up to $10,500, Ethereum has a chance to rise in price to $375, Bitcoin Cash to $230, XRP to $0.25, and Litecoin to $50.

[Libertex]

Power to the people: why these developing markets lead in crypto adoption

On Tuesday, Chainalysis published the 2020 edition of its Global Cryptocurrency Adoption Index, part of the blockchain analytic firm's upcoming report on global trends in the crypto world.

The index revealed that crypto usage is rapidly expanding in countries that are considered developing economies. Ukraine is the global leader when it comes to cryptocurrency adoption, with Russia and Venezuela coming in second and third, respectively. Then comes China in the fourth spot, followed by Kenya and the United States.

 
The index criteria in the report measure crypto adoption by looking at the on-chain cryptocurrency value received by a country, on-chain value transferred, the number of on-chain cryptocurrency deposits, and peer-to-peer exchange trade volume. These stats are weighted with the PPP (purchasing power parity) per capita and the number of internet users in each country.

How does a country like Ukraine end up ahead of the curve in digital currency compared to economic giants like the US and China? The top countries are mostly seeing growth among retail investors, whereas deep-pocketed "whales" dominate crypto in the US and China. The top nations all have different circumstances that encourage ordinary people of more modest means to use crypto, which is exactly what crypto needs to go mainstream.

Ukraine: an emerging market of digital natives
Ukraine, an Eastern European nation of 42 million people, is seeing the most significant adoption among retail investors. Ukraine is notable for its young, tech-savvy population, and its unstable economy, which sees bright and industrious young minds turn to cryptocurrency.

Ukraine has a thriving crypto startup scene, although companies are registered offshore, which muddies the official figures somewhat. For young people in Ukraine, with a fluctuating currency, no local stock market, and heavy fees on cross-border transactions, crypto provides a chance to build a future that works for them.

The Ukrainian government has noticed the vibrancy of its national blockchain scene and is working with startup leaders and entrepreneurs to regulate the industry and attract more investors through its Ministry for Digital Transformation. With government and private capital co-operating on this level, Ukraine looks like the place to be for blockchain and crypto developers.

Russia: moving money
Russia may come as a surprise second to some, given that the Russian government moved to ban cryptocurrency earlier this year via its infamous DFA (Digital Financial Assets) legislation. But that hasn't stopped Russian nationals from flocking to crypto for reasons similar to Ukrainians', even if the government is not as crypto-friendly as their neighbour is.

Electronic payment services have long been popular in Russia, especially in big cities, where they are seen as a safer and faster alternative to cash and credit cards. It's not a huge leap from digital transactions to purely digital currency.

Cryptocurrency is popular in Russia for expensive purchases like tech equipment, or for cross-border financial services and transactions to bypass onerous fees levied by banks and middlemen. Businesses with foreign interests, or just the need for privacy, have good reason to use cryptocurrency; and not only for legitimate means — cryptocurrency is a hotbed of cybercrime in Eastern Europe.

Venezuela: crypto as digital gold
In contrast to Ukraine and Russia, Venezuelans use crypto more like an asset to build their savings and trade for profit. The Venezuelan economy is notoriously unstable, and the currency unreliable, so crypto provides a more stable source of value for anyone looking to build their savings.

Even if the Venezuelan government tried to legitimise cryptocurrency in the country via the introduction of the Petro token, the ill-fated venture only further eroded trust in the government and banks. Instead, Venezuelans who buy crypto are mainly retail investors who engage in peer-to-peer trading.

What countries do you think will be the most important for cryptocurrency in the coming years? Join the discussion with the StormGain crypto community in our Telegram channel to share your views and find out what top traders have to say!

Join the global crypto revolution
One of the key takeaways from the Chainalysis report was the fact that crypto is a truly global phenomenon. Of the 154 countries analysed, only 12 scored zero on the index. Cryptocurrency is gaining around the world, especially in developing countries, but one of its main appeals is that crypto truly knows no borders.

Bitcoin and other cryptocurrencies are increasingly being adopted for trade, exchange, investment, and value storage. Wherever you are in the world, you'll need to use a crypto trading platform that works for you to profit from crypto going mainstream.

StormGain is the top crypto platform on the market, available on the web or as a user-friendly smartphone app. It offers 24/7 trading with up to 200x leverage, a wide range of benefits for active traders, integrated crypto wallets for the 6 most popular cryptocurrencies, and secure payment systems for buying crypto directly with your bank card.

If you're ready to join the top cryptocurrency platform with the best rewards for clients, sign up with StormGain to start trading now!

[stormgain.com]

Power to the people: why these developing markets lead in crypto adoption

On Tuesday, Chainalysis published the 2020 edition of its Global Cryptocurrency Adoption Index, part of the blockchain analytic firm's upcoming report on global trends in the crypto world.

The index revealed that crypto usage is rapidly expanding in countries that are considered developing economies. Ukraine is the global leader when it comes to cryptocurrency adoption, with Russia and Venezuela coming in second and third, respectively. Then comes China in the fourth spot, followed by Kenya and the United States.

 
The index criteria in the report measure crypto adoption by looking at the on-chain cryptocurrency value received by a country, on-chain value transferred, the number of on-chain cryptocurrency deposits, and peer-to-peer exchange trade volume. These stats are weighted with the PPP (purchasing power parity) per capita and the number of internet users in each country.

How does a country like Ukraine end up ahead of the curve in digital currency compared to economic giants like the US and China? The top countries are mostly seeing growth among retail investors, whereas deep-pocketed "whales" dominate crypto in the US and China. The top nations all have different circumstances that encourage ordinary people of more modest means to use crypto, which is exactly what crypto needs to go mainstream.

Ukraine: an emerging market of digital natives
Ukraine, an Eastern European nation of 42 million people, is seeing the most significant adoption among retail investors. Ukraine is notable for its young, tech-savvy population, and its unstable economy, which sees bright and industrious young minds turn to cryptocurrency.

Ukraine has a thriving crypto startup scene, although companies are registered offshore, which muddies the official figures somewhat. For young people in Ukraine, with a fluctuating currency, no local stock market, and heavy fees on cross-border transactions, crypto provides a chance to build a future that works for them.

The Ukrainian government has noticed the vibrancy of its national blockchain scene and is working with startup leaders and entrepreneurs to regulate the industry and attract more investors through its Ministry for Digital Transformation. With government and private capital co-operating on this level, Ukraine looks like the place to be for blockchain and crypto developers.

Russia: moving money
Russia may come as a surprise second to some, given that the Russian government moved to ban cryptocurrency earlier this year via its infamous DFA (Digital Financial Assets) legislation. But that hasn't stopped Russian nationals from flocking to crypto for reasons similar to Ukrainians', even if the government is not as crypto-friendly as their neighbour is.

Electronic payment services have long been popular in Russia, especially in big cities, where they are seen as a safer and faster alternative to cash and credit cards. It's not a huge leap from digital transactions to purely digital currency.

Cryptocurrency is popular in Russia for expensive purchases like tech equipment, or for cross-border financial services and transactions to bypass onerous fees levied by banks and middlemen. Businesses with foreign interests, or just the need for privacy, have good reason to use cryptocurrency; and not only for legitimate means — cryptocurrency is a hotbed of cybercrime in Eastern Europe.

Venezuela: crypto as digital gold
In contrast to Ukraine and Russia, Venezuelans use crypto more like an asset to build their savings and trade for profit. The Venezuelan economy is notoriously unstable, and the currency unreliable, so crypto provides a more stable source of value for anyone looking to build their savings.

Even if the Venezuelan government tried to legitimise cryptocurrency in the country via the introduction of the Petro token, the ill-fated venture only further eroded trust in the government and banks. Instead, Venezuelans who buy crypto are mainly retail investors who engage in peer-to-peer trading.

What countries do you think will be the most important for cryptocurrency in the coming years? Join the discussion with the StormGain crypto community in our Telegram channel to share your views and find out what top traders have to say!

Join the global crypto revolution
One of the key takeaways from the Chainalysis report was the fact that crypto is a truly global phenomenon. Of the 154 countries analysed, only 12 scored zero on the index. Cryptocurrency is gaining around the world, especially in developing countries, but one of its main appeals is that crypto truly knows no borders.

Bitcoin and other cryptocurrencies are increasingly being adopted for trade, exchange, investment, and value storage. Wherever you are in the world, you'll need to use a crypto trading platform that works for you to profit from crypto going mainstream.

StormGain is the top crypto platform on the market, available on the web or as a user-friendly smartphone app. It offers 24/7 trading with up to 200x leverage, a wide range of benefits for active traders, integrated crypto wallets for the 6 most popular cryptocurrencies, and secure payment systems for buying crypto directly with your bank card.

If you're ready to join the top cryptocurrency platform with the best rewards for clients, sign up with StormGain to start trading now!

[stormgain.com]

StormGain Coin Contest Tournament
In honour of StormGain’s new partnership with Serie A heavyweight SS Lazio, the cryptocurrency platform will be running another instalment of its famous Coin Contest Tournament. This time around, the epic battle royale will last for two weeks, beginning on 25 September and ending on 11 October. It will see thousands of StormGain traders face off in a fight for the chance to win your share of an eyewatering 15,000 USDT and the arguably more coveted prize of top place in the Coin Contest rankings!

How do I take part?
To get involved, you first need to create a StormGain account. Once you’ve done that, register on the Coin Contest page by clicking here. Then, when the competition starts on 25 September, go to your trading account and do your best to make bigger profits than the competition. Once you’re all signed up, your scores will be automatically recorded and added to the tournament leaderboard. It really couldn’t be easier.

What’s new?
StormGain has scrapped the weekly round structure for this contest, opting instead for a single two-week-long competition with a lone prize pot. But that’s not the only difference from previous contests: this time the trades are 100% real. That’s right, instead of your demo account, you’ll be using your real account. They say everything’s more interesting when you’ve got money riding on it, and we hope the saying proves true with this tournament!

How does it work?
All trading results (both positive and negative) from the moment the contest starts to its conclusion will be counted towards your total score for the tournament. Since this contest will take place on your real account, your score will be calculated slightly differently to the way it was in previous rounds. In this contest, we’ll be taking your total trading result and dividing it by the amount of funds invested. That means that the aim of the game is to make the biggest profit with the smallest deposit, which should make things even more interesting!

How will I know if I’m a winner?
You’ll be able to monitor your performance on the Coin Contest leaderboard throughout the contest, so you’ll always know where you stand in the rankings. It’s quite simple: just find your position on the leaderboard, and any prizes you’re owed will be visible next to your account number. But don’t worry if you forget to check. All winners will be officially announced in due course.

Sign up today!
Register your StormGain account now for a chance to win real cash prizes while competing against fellow traders in a no holds barred trade-off! Give our generous leverage facility (multiplier) a try for even bigger gains with a smaller deposit. Take the plunge and enter our tournament for a chance to win your share of 15,000 USDT and the ultimate glory of being crowned StormGain Coin Contest champion!

[stormgain.com]

Less Risk, More Gain – StormGain introduces crypto index trading
StormGain is pleased to announce that, from 17 September 2020, we’re offering a new kind of trading instrument - crypto index trading. Just like regular stock indices, such as the SP500 or the Dow Jones, a crypto index is a consolidation of different assets designed to offer a safer investment in the market performance of a group of cryptocurrencies rather than a single coin.

Don’t put all your eggs in one basket
Just as the old saying warns, relying on just one thing for support is risky. The main advantage of an index is risk management. Even if one cryptocurrency in the index goes up or down, the index will reflect the market performance of the combined assets. That means any unexpected dramatic shifts in one asset won’t affect the overall value of the index too much. Investing in an index is a safeguard against the possibility of sudden crashes.

It’s common trading wisdom that a diverse asset portfolio is key to long-term success. No one wants to lose everything by over-relying on a single asset. Over the years, a bundle of assets will perform better overall, growing as a group even if some assets swing up or down in the short term.

Save time and money with the crypto index trading
Building a crypto portfolio of individual assets can be a daunting task. The trader has to research each individual cryptocurrency — from historical performance to future predictions — and then decide how much to invest in each asset. Using an index, especially one as carefully curated as the indices offered by StormGain, saves you time and money.

Do you prefer to trade indices or individual assets? Discuss the merits of both with StormGain community in our Telegram channel to share your views and find out what experienced crypto traders have to say!

Types of StormGain Crypto Indices
StormGain offers three different indices. Each one is a carefully curated basket of the largest and most popular cryptocurrencies designed to succeed in the market and fit the needs of different traders and investors. Every StormGain crypto index offers a diverse portfolio that safeguards against risk and saves you time and money — all in one click! Index values ​​are calculated in real-time. The following indices were first published on 10 July.

Crypto Index 3.0 (symbol: CryptoIndex3, base value 300) combines equal shares of the 3 leaders of the digital blockchain market with the largest capitalisation: Bitcoin, Ethereum, and Ripple. The total value of these 3 cryptocurrencies accounts for 80% of the entire cryptocurrency market. Crypto Index 3 is ideal for beginner traders who want to start with the safest, most established digital assets.

Crypto Index 5.0 (symbol: CryptoIndex5, base value 500) is based on the rates of the top 5 digital blockchain market leaders with the largest capitalisation: Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash, with a total value of 83% of the entire cryptocurrency market. Each digital token has an equal 20% weighting and is perfect for traders who want to include the most popular altcoins.

Crypto Index 10.0 (symbol: CryptoIndex10, base value 1000) is composed of the top 10 digital tokens by market cap, covering 90% of the entire cryptocurrency market. The index is based on the following coins: Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, Dash, Eos, Cardano, Monero, and Bitcoin SV. Each coin is weighted in proportion to its volatility: the higher the volatility, the greater the currency's weight in the index. This approach to structuring the index makes it ideal for experienced users who want to engage in active, aggressive trading.

StormGain – more profit at lower risk
Available as a user-friendly web platform or mobile app, StormGain allows trades 24/7 on the top cryptocurrencies with up to a 200x multiplier and 100% liquidity. Commissions are among the lowest available so you can trade as aggressively as you like and keep your profit. In addition to the best rates for trading, exchanging, and buying cryptocurrencies, StormGain offers the best rewards in the business for active traders via our loyalty programme, including significant discounts on commissions, bonuses on deposits, and up to 20% APR interest on crypto holdings.

Get ready for the age of cryptocurrency by becoming an expert thanks to our in-app education programme and market trading signals. Our new crypto indices make getting started in crypto trading even easier. Registering with StormGain is easy and takes just 5 seconds. Sign up now and try StormGain completely risk-free with our demo account.

[stormgain.com]

StormGain Signs Long-Term Partnership with Serie A’s SS Lazio
16th September 2020: StormGain is proud to announce a multi-year deal to become the Official Crypto Trading Partner of SS Lazio.

The sponsorship aligns two partners who pride themselves on combining tradition with innovation to achieve success. StormGain marries crypto trading with the latest technologies to help our clients achieve positive results. Lazio combines rich tradition with a forward-thinking mindset to bring on-pitch success. The 2020/21 season marks a significant moment for the team in this regard as they return to the UEFA Champions League, Europe’s leading club competition.

With a mission to provide fans with an All-In-One football experience, the partnership will enable StormGain to share love of the beautiful game with Lazio fans through unique giveaways, including exclusive VIP suite hospitality at Lazio home matches, Category 1 tickets for each Lazio home game and access to private tours and events at the team’s 70,000-seater Stadio Olimpico.




Alex Althausen, CEO at StormGain said: “StormGain is delighted to partner with SS Lazio, a world-famous team with a rich history and values which echo our own perfectly. Through this sponsorship, we’re thrilled to join the worlds of crypto trading and football together and offer many exciting benefits for our clients, who can win exclusive access to the Roman superstars and unique prizes thanks to StormGain. We look forward to the start of a new season, which, no doubts, will be exciting and yet different from any other!”

SS Lazio Marketing, Sponsorship and Event Director Marco Canigiani commented: “We are very proud of this partnership that will reinforce our innovative positioning. Our partnership will help us widening our international landscape and create at the forefront projects for our fans”.

[stormgain.com]

How is StormGain cloud miner different and better than any other miner?

StormGain recently introduced our new Cloud Miner tool. This killer feature enables users to mine their very own cryptocurrency right from their phone or whatever device they use to access StormGain. By enabling StormGain Cloud Miner, you can take advantage of our dedicated mining hardware remotely and reap the rewards — freshly mined coins right into your StormGain wallets. After that, trade them on StormGain and enjoy your profits.

Mine crypto in the cloud, don’t melt your machine
Perhaps you’ve thought about crypto mining but didn’t feel like investing thousands of dollars in stacks of electricity-guzzling GPU rigs. Or maybe you didn’t have the time to make sure they were all maintained and cooled 24/7. Don’t worry! We’ve already done all that hard work for you.

Cloud Miner is hosted on our remote cloud servers, meaning it doesn’t strain your processor, drain your battery, or affect your normal device use at all. Best of all, it’s completely free.

Some people pay for cloud mining, but not with StormGain
You may have heard about cloud mining services like Genesis Mining that work by renting out their mining hardware for monthly fees. That’s fine if you want to pay for it, but here at StormGain, we’re not renting — we’re sharing.

StormGain’s key differences and advantages
There are several cloud mining services out there, such as Genesis Mining, Bitcoin mining pools, Hashnet, or Eobot. But they all require users to put money upfront as maintenance fees or investments in the hope that the eventual crypto reward will turn a profit. Users take a big risk here and lose control over their money without any guarantee that they’ll turn a profit in the long term.

With shadier cloud mining companies, there may be no evidence that any cloud mining takes place at all. Those companies may simply misappropriate user fees. Moreover, cloud mining companies often lock you into long contract commitments with penalties for early termination. The typical cloud mining service operates on an unfriendly model for consumers. StormGain offers a new way to cloud mine that puts users first.

StormGain Cloud Miner doesn’t charge any fees, eliminating the risk factor of unknown ROI. Because we know that more crypto for clients means more trading gets done, every StormGain user can participate in cloud mining at no cost to themselves.

The StormGain Loyalty Programme gets even better
Starting from 1 October, the StormGain Cloud Miner offers even more advantages to StormGain Loyalty Programme participants. Crypto mining speed increases depending on your Loyalty Programme status. The coefficient of the mining speed of cloud mining starts at x0.5 for standard users, increasing for Gold (x1), Platinum (x3), and Diamond (x12) members, all the way up to x530 at the highest VIP tier.

This is in addition to the generous benefits previously included, such as commissions discounts for trading and exchange, interest on crypto holdings for 30 days, and deposit bonuses. Learn all the advantages of the StormGain Loyalty Programme here.

How to use StormGain Cloud Miner
To mine crypto with StormGain, just log in to your account, open the Cloud Miner option, and hit 'Start Mining' to connect to our cloud services. Hit the ‘Start Mining’ button every four hours to stay connected to the mines and reap the rewards. Once you’ve earned 10 USDT worth of your chosen cryptocurrency, you can trade or exchange the new crypto on StormGain. Any profit you make from your trades (and with up to 200x leverage, you can make a lot of profit on StormGain) is yours to keep. Trade, convert, spend, and enjoy life.

Start mining with StormGain
If you’re not part of our community yet, you’ll be pleased to know that it takes just 5 seconds to register with StormGain, which is available on the web as well as a user-friendly smartphone app for iOS and Android.

In addition to mining crypto for free, StormGain clients benefit from low trading fees and commissions, the ability to buy crypto with a range of bank cards quickly, and the best perks and promotions in the business. Beginners can even get up to speed on all things crypto via our comprehensive built-in educational program.

So what are you waiting for? Download the StormGain app and sign up to see for yourself. Trade, hodl, exchange, and mine the currency of the future today!

[stormgain.com]

New DeFi instruments available to trade on StormGain
DeFi has been taking the world by storm, and not just among the crypto community. Short for decentralised finance, DeFi essentially refers to blockchain-based solutions for financial services, i.e., smart contracts, DApps for executing loans, insurance plans, mortgages, and so on. The governance tokens for DeFi protocols, which give owners a stake in the platforms, have become a defining crypto trend of 2020.

DeFi tokens attracted investors by offering fantastic yields of up to 8% during a time of economic uncertainty. One popular DeFi asset, the governance token for Yearn Finance (YFI), made headlines recently when its value shot up past Bitcoin, the world’s most popular (and until then, most highly valued) cryptocurrency.

We previously covered the resulting boom of interest in DeFi tokens and what it could mean for the market in our StormGain news section. Now we’re pleased to offer our clients the opportunity to profit from the global DeFi trend and invest in the future of financial technology, with the introduction of new DeFi instruments to the StormGain trading platform.

Which DeFi instruments can I trade on StormGain?
The eight new DeFi instruments available on StormGain include the following:

UMAUSD   (Universal Market Access, a protocol for smart contracts on Ethereum)
YFIUSD      (Yearn.finance, an aggregator to maximise profits via yield farming)
COMPUSD (Compound Finance, a DeFi lending protocol)
SNXUSD    (A DeFi derivatives platform)
DOTUSD    (PolkaDot, a protocol for communication and security among blockchains)
VETUSD    (Vechain, a public blockchain facilitating enterprise use cases)
UNIUSD     (The token for the Uniswap decentralised exchange protocol)
ZRXUSD    (The token for the 0x Ethereum exchange protocol)
All these DeFi governance tokens offer value to investors, but which ones are the best buys for traders? Join the StormGain community in our Telegram channel to discuss this topic with experienced crypto traders and have your say!

Invest in the future of finance
To many, DeFi represents the maturation of blockchain technology. Rather than being merely a store of value, as Bitcoin is, DeFi can improve upon the modern financial system by making it more efficient, open-source, permissionless and free of bureaucratic interference from state officials or middlemen.

The clear use cases combined with its attractive yields make DeFi one of the most interesting avenues for investment in the modern crypto space, and will likely boost the crypto economy as a whole. For the best returns on trade and investment, we recommend StormGain for building a strong crypto portfolio that offers high potential for profit.

Why choose StormGain?
Available on the web or as a smartphone app, StormGain offers 24/7 trades with up to 200x leverage on the most attractive digital assets, including the top crypto coins, altcoins, indices and DeFi tokens. StormGain also offers the best bonuses for clients, including up to 12% APR interest on crypto holdings and free cloud mining services.

Registering with StormGain is easy and takes just 5 seconds. You can even see how it works completely risk-free with a complimentary demo account. Try StormGain now and make DeFi part of your crypto portfolio!

[stormgain.com]

StormGain adds new deposit method to its line-up
Just when you thought adding and withdrawing funds to your StormGain wallet couldn’t get any easier, the premier crypto trading platform and its partner Bits of Gold found a way to make trading with StormGain both more convenient and more lucrative. In the past, the only option for purchasing digital assets with fiat currency was via instant debit/credit card purchase. But, as of Monday 19 October, our EU-based clients can now make both deposits and withdrawals using standard SEPA bank transfers.

How does it work?
Say you want to deposit crypto to your account. You simply send your fiat money via normal SEPA transfer to Bits of Gold’s bank account. As soon as the payment clears, they will automatically convert it to your desired cryptocurrency, and we will credit it to your relevant StormGain wallet. For withdrawals, the process is more or less the same. The only difference is that you transfer your chosen digital currency to Bits of Gold’s crypto wallet, and then they convert it to fiat before sending it to your personal bank account.

What currencies can I exchange?
This new service is currently only available to fund accounts by transferring Bitcoin (BTC) or to withdraw funds in Bitcoin (BTC) or Ethereum (ETH), but we may expand the number of supported cryptocurrencies in the future. At any rate, these are the two biggest coins by market cap and general popularity and are readily usable and convertible on countless platforms. It’s also worth noting that the only fiat currency we accept for these types of transfer is EUR.

Are there any limits?
The minimum deposit amount we can process is 250 EUR, while the maximum is a massive 1,000,000 EUR. Meanwhile, our threshold withdrawal amount is a generous 150 EUR, while the most you can withdraw in one go is 10,000 EUR.

How about the commission?
One of the biggest advantages of this new method is the huge savings it represents compared to other fiat-to-crypto conversion options. The commission for withdrawals is only 0.1% and absolutely zero for deposits. Bits of Gold does charge a 5% exchange fee, but this is still well within the normal range for such transactions.

What do I need to do?
Now that you know how it all works, here’s how you actually make a transfer. First, you need to sign in to your StormGain account and select the Wallets tab. After that, click or tap SEPA transfer and then ‘Initiate a Transfer’. This will automatically open Bits of Gold, where you will be asked to select your desired cryptocurrency and enter an amount. Once you’re happy with all the parameters, click continue and complete their verification procedure. After that, it’s just a matter of filling in your bank details and initiating the transfer. To make things even easier, we created this handy video tutorial that provides a step-by-step guide to setting up your own withdrawal transfer. Funding your account with Bits of Gold is just as easy.

So, if you’re in an EU country and are looking for a quick and cost-effective way to convert your crypto for fiat or vice versa, give it a watch and start exchanging today!

[stormgain.com]

StormGain’s spooktacular Halloween bonanza
StormGain’s spooktacular Halloween bonanza
Summer is now well and truly over, and the days are getting increasingly shorter. Christmas will be here before we know it…but even then, there’s no guarantee of a gift.  That’s why we decided to run a Halloween promotion to make sure nobody feels left out. Here at StormGain, we don’t care whether you’ve been naughty or nice — we’ve got goodies for everyone!

If you haven’t heard, the premier cryptocurrency trading platform is offering an additional 5% bonus on all deposits made before 1 November. It may sound too good to be true, but there’s really nothing to fear. So, before you get into your fancy dress, don’t forget to top up your account to take advantage of this terrifyingly generous offer.

How does it work?
There are no hidden catches. It really is as simple as it sounds. And it doesn’t even matter what client status you possess; every single StormGain client will receive 5% more than their standard bonus rate on all deposits made before 21:00 GMT on 1 November. The extra bonus will apply both for funds added via a Visa or Mastercard instant fiat purchase through our partners Simplex or Koinal, as well as for direct cryptocurrency transfers between wallets. See the table below for detailed information about bonus amounts for each individual status.

with-extra-bonuses
As you can see, whatever your current bonus level, you still stand to gain. Let’s suppose you have Diamond status. Your standard bonus is 12%, but this now rises to 17% under the promotion terms. That means that a 5000 USDT deposit will see your balance increase by 5850 USDT as opposed to the 5600 USDT you’d ordinarily receive thanks to your basic Diamond bonus.

Terms and Conditions
All additional funds will be credited by 4 November, so you can start trading with them in time for Guy Fawkes. As usual, the typical bonus terms apply, so you won’t be able to withdraw them directly, though any profits you make can be withdrawn as normal. Other than that, it’s all pretty self-explanatory. It truly is all treats and no tricks with StormGain this Halloween.

How do I get my bonus?
If you’re already a StormGain client, it honestly couldn’t be easier. You don’t have to register anywhere or fill in any applications. Just check your email or app inbox for a promo message and enter our mysterious Trick or treat page! Make your deposit, and we’ll take care of the rest. The bonus will be automatically credited to your balance, as explained above. If you haven’t got an account yet, what are you waiting for?! Don’t be afraid! Join us now and take advantage of this Spooktacular Halloween promotion!

[stormgain.com]

StormGain new crypto wallets - don't miss out on these hot altcoins
StormGain is pleased to announce an exciting new feature for our award-winning cryptocurrency trading and exchange platform. Starting 20 October, three new crypto wallets are available to clients. The new wallets will hold three of the most popular up-and-coming altcoins: Dash, Zcash and Stellar.

StormGain's integrated crypto wallets allow our users to manage their digital assets more efficiently on the web platform or smartphone app and to quickly and easily exchange between currencies. Previously, wallets were only available for the top 6 cryptocurrencies: Bitcoin, Tether, Bitcoin Cash, Ethereum, Ripple and Litecoin. Now, the following altcoins have been added for a grand total of 9 StormGain wallets.

Dash (DASH)
Launched in 2014, Dash is an open-source cryptocurrency that was previously known as Darkcoin, a fork from the Bitcoin protocol that focused on privacy, liquidity and scalability. Later known as Dash (as in, digital cash), this altcoin uses a proof-of-stake rather than a proof-of-work algorithm. As such, transactions are cheaper and faster than with BTC, making Dash more suitable for everyday financial activity.

Zcash (ZEC)
Zcash is another privacy-focused digital cash. The Z stands for zero, referring to the zero-knowledge proofs that allow transactions to be verified without revealing the sender, receiver or transaction amount. Zcash also supports selective disclosure or even transparent transactions, but only at the user's discretion.

Stellar (XLM)
The Stellar blockchain network acts as a transaction facilitator between banks, payment services and individuals, with the aim to make cross-asset and cross-border transactions easier and more cost-effective. Stellar's native cryptocurrency with the trading ticker XLM is more properly called lumens. However, in common parlance, Stellar is also used to refer to the cryptocurrency itself, much in the same way as Ethereum/Ether.

Which of these altcoins offers the best opportunities for traders? Join the StormGain community in our Telegram channel to discuss this topic and more with experienced crypto traders and to share tips and tricks!

Advantages of StormGain wallets
All StormGain crypto wallets can be funded via bank card or transfer, which makes it easy to acquire Dash, Zcash or Stellar on StormGain in exchange for fiat currency. The majority of your digital assets stored in StormGain wallets are also kept in cold wallets and secured by 2-factor authentication to provide the safest crypto storage system among crypto exchanges. Furthermore, by participating in StormGain's loyalty programme, digital assets in StormGain wallets are eligible for up to 12% APR interest.

StormGain: join the next-gen crypto platform
Designed to provide the best crypto services to beginners and experts alike, StormGain enables 24/7 trades with up to 200x leverage on the most attractive digital assets, including the top crypto coins, altcoins, indices and DeFi tokens. Thanks to our unique integrated cloud mining feature, even passively using StormGain will add new crypto to your wallet at no cost to the user. In addition, StormGain features built-in trading signals, a suite of educational services from starting tutorials to advanced trading strategy, and a host of discounts and bonuses for our frequently active users.

It only takes a few seconds to register with StormGain and join the cryptocurrency platform with unbeatable bonuses. Sign up now and start trading today, or try completely free with a demo account!

[stormgain.com]

Brace yourself: bullish Bitcoin pulls ahead of gold
It’s been an exciting start of the past week for Bitcoin as the world’s top cryptocurrency appeared to escape the bear pit on Monday and kickstart a bullish trend. As BTC struggles to break through the $11,000 resistance point, here’s what top traders are predicting for the original digital asset.

The past two days saw the price of BTC rise over 6% across major exchanges, climbing from $10,135 to $10,950 on StormGain and other exchanges. A dramatic wobble took place Tuesday, as Bitcoin’s value dropped 3% to $10,360 before reclaiming $10,700. At the time of writing, Bitcoin is still hovering around the pivotal $10,700 mark. The milestone of $11,000 is out of reach for now, but several expert traders and trend-watchers see this as a cause for bullish optimism.

Bull run or bear trap? Ask the whale watchers…
There’s a menagerie of money metaphors as the animal kingdom gathers to make sense of Bitcoin’s latest movements. “After the pause BTC took for the weekend, Bitcoin is currently on a bullish impulse,” said Italian crypto trader Alessandro Andreotti. “It could easily surpass $11,000, but it could easily be a bear trap so we must be careful.”

But it’s the Bitcoin whales that could be sounding the call for the bull run. Whalemap, an on-chain analysis firm that tracks whale activity in the crypto market, has identified several Bitcoin (BTC) whale clusters. These occur when the ‘whales’ (large-scale investors) gather and hold their Bitcoin over a long period. This would usually be a sign that the whales expect BTC price to increase soon and are accumulating coins in anticipation of this.

Whalemap highlighted whale clusters at $10,407, $10,570, and $10,667. In theory, these three points should be considered potential support areas if BTC prices manage to hold current levels. According to Whalemap analysts, “[it] feels like bulls have won”, and the bullish momentum will continue for Bitcoin as long as it defends $10,407.

$11K will be BTC’s resistance challenge
When historical data is taken into account, Bitcoin appears to be in good health. According to David Lifchitz, chief investment officer for quant trading firm ExoAlpha, “In a sign of strength, Bitcoin price has held above $10,000 for 63 days now. This is the longest time since December 2017 to January 2018.”

Even if Bitcoin has been performing well over the long term, the recent rejection at $11,000 could be a sign of a bearish pullback in the short term.

Do you think BTC will break $11K, or is this resistance a sign of a downward trend? Join the discussion with the StormGain crypto community in our Telegram channel to find out what our experienced traders have to say!

Bitcoin breaks the gold chain?
Bitcoin’s recent activity also highlighted an intriguing new development: The top cryptocurrency appears to have decoupled from gold, after a long trend of strong correlation with the shiny metal. At the same time that BTC rallied to over $10,700, gold actually dropped slightly.

Bitcoin and gold’s market behaviour has been close in 2020, leading many to point to the cryptocurrency as ‘digital gold’, which attracted investment in BTC as a hedge against market instability in the same way investors flock to the precious metal. It remains to be seen whether BTC’s decoupling from gold will turn out to be a long-term trend.

Buy, trade and exchange Bitcoin with StormGain
With Bitcoin about to test new price highs, it’s the perfect opportunity for savvy traders to make money on the top cryptocurrency’s next move. For the best rewards on buying, trading or exchanging crypto, top traders use StormGain.

Available on the web or as a user-friendly smartphone app, StormGain is an award-winning crypto platform that offers 24/7 trading on cryptocurrency pairs and indexes with up to 200x leverage. In addition, StormGain features a wide range of benefits for active traders, integrated crypto wallets for the 6 most popular cryptocurrencies, and secure payment systems for buying crypto coins directly with your bank card.

If you’re ready to join the top cryptocurrency platform with the best rewards for clients, then sign up with StormGain to start trading now!

[stormgain.com]

StormGain Coin Contest: champions share their insights
The latest edition of the StormGain Coin Contest closed on 11 October, and now the top 30 traders can enjoy their hard-earned prizes. Over the course of 16 days, thousands of contestants from around the world, beginners and experts alike, all put their trading tactics to the test in a competition to find out who could make the most profit on StormGain real accounts.

The top 10 winners took home real money from our 15,000 UDSDT prize pool, with first-place taking home 2500 USDT. A further 20 earned bonus funds for their trading accounts.

Every contestant had the opportunity to practise trading and improve their skills. It was a chance for our intrepid traders to try bold strategies and learn important lessons about the crypto market and how StormGain’s unique features make it the best crypto trading platform for maximising profit.

“I am very happy and, at the same time, surprised’’
How does it feel to be a Coin Contest winner, and what tips do the triumphant traders have for the rest of us? We asked our Coin Contest champions Marc, Silverio and Alcides what it felt like to come out on top, what StormGain features and strategies they used and how they kept a cool head in the intense competition.

‘‘I am very happy and, at the same time, surprised with the high level of professionalism from people who work with this platform. StormGain is a really intuitive platform but also very informative. I found the most useful features to be the orders, like to close at market price and stop loss. As a former Second Division B [football] player in Spain, I find the partnership with S.S. Lazio quite exciting, too.’’ — Marc

‘‘I am quite satisfied. I didn’t think that I would make it so far in the tournament because there was a time when my percentage fell 500%! It just goes to show, you should never give in to despair, be patient and there’s always hope. Don’t be afraid to invest, the StormGain platform is great, but invest what you are willing to lose.’’ — Silverio

‘‘I had a fantastic experience with the Contest, and I’m excited to achieve great things in the market. I’m already looking forward to the next Contest! StormGain is really easy to use. My personal favourite feature is the option to invest in indices, which can be combined with rapidly rising assets. My strategy advice? Have a progressive portfolio, mix in safer options like indices to manage risk from more volatile instruments.’’ — Alcides

What will the winners spend their money on?
Now that the trading tournament is over, will the lucky winners celebrate in style using the prize money? Or will they use the funds to keep trading and investing? We asked our winners how they plan to spend their share of the prize pool.

‘‘I already had some basic knowledge of crypto trading when I entered the Contest, but now I’m going to use what I’ve learned and invest part of my earnings back into the crypto market on StormGain. As for the rest, I’m going to buy furniture for my new flat!’’ — Marc

‘‘I was a crypto newbie, but I’m going to withdraw some of my earnings and leave the rest on the platform.’’ — Silverio

‘‘I’ve been quite impressed with the platform, and I see my prize as an investment, so I’m going to use it on StormGain to try and get higher and higher returns in the long term.” — Alcides

Although StormGain’s first trading tournament is over, there will be more exciting events to come. In the meantime, all the advantages of StormGain are available 24/7. It just takes a few seconds to register and try our account for yourself!