Sentences with phrase «for other altcoins»

Currently considered the leading digital coin, Bitcoin is traded for other altcoins or traded for fiat currency.
LBX has also stated that they hope to add support for other altcoins soon.
Support for other altcoins will be added in the future.

Not exact matches

Almost every bitcoin or other «altcoin» transaction — mining, spending, trading, exchanging, air drops, etc. — will likely be a taxable event for U.S. tax purposes.
These are the differences that make altcoin mining far more favorable on a GPU, as for others they use CPU processing.
Interestingly, Lee explained how it was a pragmatic decision for Litecoin to use a different algorithm to Bitcoin, as he had seen the significant problems other altcoins had faced when their miners were required to compete with Bitcoin's miners.
This technology is actually defined as a database for the transactions undertaken with Bitcoins and other altcoins.
ARM can be also used as a storage value, as its price represents a fraction of crude oil, while it can be also exchanged for any other major cryptocurrency like Ethereum (ETH), from where it could be transacted in any altcoin.
The financial institution won't be dealing with blockchain - based bitcoin or any other altcoin, instead, it intends to launch its own virtual coin for speeding up the processing time of a transaction and facilitating the profit from art objects.
Is it safe to say that near the $ 3200 level of BTC, purchase of other Altcoin can be made for short - term trade?
They will be offered a 1:2 leverage for BTC, ETH, USD, and RUB, with other fiat currencies and altcoins added later as the demand for the service grows.
Litecoin's usability is what puts it ahead of other altcoins and competing with Bitcoin for the market share.
Triple Dice Exchange is an online trading platform that services clients of all types who are in the market for the buying and selling of Bitcoin, as well as of altcoins and other fiat currencies.
The marketcap of altcoins for 2016 is higher than any other year.
At the same time, naturally, you can swap your AMBT for ETH, or any other major cryptocurrency and find shelter in fiat or other altcoins.
The flood of countless other altcoins on the market suggests demand for cryptos will remain high for the foreseeable future.
NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins.
Even though bitcoin cash right now is being traded at ~ $ 600, it will take a while before you can use the fork for other purposes except trading with other altcoins or converting it back into cash.
While Bitcoin the top choice for most of its users, you can also exchange other altcoins.
NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins.
While some altcoins out there can and do perform useful tasks (for example acting in a testnet capacity or offering greater anonymity than bitcoin) and may have a future, many others are exclusively driven by speculation or worse.
There are other exchanges such as Bittrex that allow for the exchange of Ethereum for hundreds of other altcoins.
They are individual altcoins, but can be used as springboards for other projects.
The price movement has not been as pleasant for altcoins this week with all the major cryptocurrencies other than Bitcoin taking low to moderate losses.
Two months after that, the Israeli Bitcoin meetup in March had over 160 people, and although attention has reduced somewhat since the peak the Israeli Bitcoin community remains one of the most cohesive, and one of the most entrepreneurial, out there; the Israeli Bitcoin community is responsible for colored coins, the instant altcoin exchange Coinpair, the peer - to - peer Bitspend alternative Proxycoins, and many others.
For example, some altcoins have touted faster confirmation times; others claim to offer privacy enhancements.
Also, Bitcoin being too over-priced, Altcoins are giving better Return on Investmen (ROI) and thus demand for cryptocurrencies other than Bitcoin is increasing.
SpectroCoin provides the quickest, safest, and cheapest integration for business: risk - free bitcoin and other altcoins exchange services with low fees
Some apps could be attractive to some users because they allow users full control of their private keys, while other users might be looking for a wallet that supports explicitly smaller altcoins.
There's a lot of positive news coming for Altcoins with OmiseGo and Civic being added to other exchanges.
Upon activation, this API will allow new payment types for all cryptocurrencies like Bitcoin, Ethereum and few other Altcoins.
You can then sell these altcoins for bitcoin (or any other currency of your choice) and make a nice profit.
Once you have the wallet installed, sending BCN is the same as other altcoins because the algorithm for anonymity works behind the scenes.
You can buy altcoins at whatever prices are being offered by other people on the platform and sell them for the price you think you'll get.
Because the currency is still in its infancy as of November 2017, you might want to offer customers the option to pay with BTC or other altcoins alongside Bitcoin Gold, However, if the cryptocurrency does gain more acceptance, you might see more people willing to pay you for services and products using BTG.
NewsBTC is a news service that covers bitcoin news, technical analysis, forecasts for bitcoin and other altcoins, bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.
Major exchanges such as Binance, Coinbase, and Bitfinex are ideal for bitcoin, Ethereum and hundreds of other altcoins.
Just like any other altcoin, you could, for example, sell it for BTC or perhaps spend it somewhere if it's accepted for payment, etc..
This ongoing development might bode well for its future popularity, as it could prevent other altcoins from overtaking it later.
The money they earn can be converted into bitcoin or other altcoins like ether, or use mobile cashiers to exchange (HMQ) Humaniq tokens for fiat currencies.
The intense competition among these altcoins always leads to one of them being on top for a few days, be it in terms of price, market cap, or other factors.
However, for those who wish to trade altcoins, there are other alternatives, such as Bittrex.
Robinhood will be able to provide more access to the market and allow a new demographic to access altcoins which were previously difficult to buy for newcomers who only used Coinbase and not the other exchanges.
Nvidia's graphic processing units (GPUs) are cards used in the computer servers to mine or create new bitcoin and other altcoins that they earn for solving transaction - fueled puzzles and advancing the blockchain.
Indeed, for a number of other altcoins such as Ethereum and Monero, local P2P platforms have proliferated and seen their volumes increase.
«Vertcoin has been around since 2018, and like most other altcoins, other than experimentation for the potential future integration into bitcoin, offers little benefit in my opinion.»
If you want to buy Ethereum, Bitcoin Cash, Bitcoin Gold, Litecoin or any other cryptocurrency with a credit card, you might have the most success on an exchange or by simply buying bitcoin and then trading it for your altcoin of choice.
Further, unlike many other altcoins that followed bitcoin's use of the SHA256 algorithm for proof - of - work, Zcash (ZEC) relies on an algorithm called Equihash.
Andrew Gazdecki, CEO of Altcoin Exchange said that the current exercise is only for a demonstration purpose of direct trade and the next step of development will involve transferring of Ethereum to Bitcoin by comparing the two with their dollar equivalent valuations or any other fiat currencies.
If not, you can always sell your litecoin through Uphold or check out other altcoins that may be better for you.
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