12 Nov

• Cryptocurrency reddit
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Like the previous two options, OKEX’s passive income offering is via sending things out to mining/staking pools. I unfortunately couldn’t even find a listing of what pools they have available, leading me to believe the option may not even get any significant use. https://test.com/ They supposedly offer staking services in-house for some coins as well, but I could find no detail on which ones or what the rates were.

Like most of the above options, Bitfinex offers in-house staking without lockups, although their cut of the staking gains seems to be quite high, going by their calculator. They also offer on-exchange lending for yield farming, however I was unable to find rate estimates.

Kraken is the next go-to for most US based customers, and with reason. The exchange has been around a long time with no security issues, and generally good professionalism. They have had a few instances of market liquidity issues causing some awkward situations with margin traders getting surprise-liquidated.

Cryptocurrency reddit

If you choose to go the physical way of storing keys I highly recommend that you buy a piece of soft metal and a cheapest dremel tool to etch the keys into the plate. it takes about 20 minutes to get it done but its 1000x times safer. Paper burns, gets wet, gets eaten by pets and such.

Conclusion: I think that during a bull market (which we are in now) its better to just leave your money in a specific coin instead of switching it around and trying to time the dips. Instead of trying to time the market ups and downs, reload when a coin drops significantly and continue holding. Keep adding to your position on the dips.

There are some crypto casinos that have a free game you can play daily. It is easier to lose money than make money on many of those, so I am not including a list. Here is a recent discussion on some of them from this sub.

So you might be asking yourself, does ETH truly follow the trajectory of Bitcoin, and if not, what’s the major reason why? Yes, Ethereum is technically an alt, but given it’s dominance in the market – should it not lead the market as well? As you can see, I posted a graph of actual crypto performance to keep people guessing. I have to make this look legit, and if it’s super obvious that everything I’m talking about is BS, well then I cant reward the lucky people who stick around. Speaking of, the first 4 people who comment with the answer I’m looking for win a share of the prize mentioned earlier. Also, this graph is from 2017… So you can understand that one of the main reasons that Ethereum struggles to lead the pack, at least as of this point, is because of lack of institutional interest (comparatively to BTC) as well as the high fees.

Moons have a limited supply of 250,000,000 – that of which 11 rounds have been distributed already. Just think that in the 1st distribution, people were making upwards of 7 Moons per karma. Now, we’re making a fraction of that. How many will we be receiving by the 40th round? I couldn’t guess, but maybe I’ll be in 69th place by that point – heh.

Cryptocurrency list

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Let’s say that a company creates Stablecoin X (SCX), which is designed to trade as closely to $1 as possible at all times. The company will hold USD reserves equal to the number of SCX tokens in circulation, and will provide users the option to redeem 1 SCX token for $1. If the price of SCX is lower than $1, demand for SCX will increase because traders will buy it and redeem it for a profit. This will drive the price of SCX back towards $1.