Cryptocurrency
Is China’s Digital Yuan Based on Blockchain Technology?
Have you ever wondered what's driving China's financial technology revolution? It goes beyond simply eliminating cash. It delves further into how money will function in the future. This essay dissects China's digital yuan, explaining how it differs from cryptocurrencies and drawing comparisons with the well-known blockchain technology. Are you prepared to explore the core of digital currency? Together, let's solve the riddle.
Explore the technology behind China's Digital Yuan with yuan-breakthrough.com, an automated trading bot at the forefront of digital currency advancements.
Dispelling Myths: Does Blockchain Serve as the Basis?
As soon as we hear "digital currency," our minds almost instantly jump to blockchain technology - this association stems from its connection to decentralized cryptocurrencies like Bitcoin that have made headlines...
Cryptocurrency
How To Get Yuan Online? Definitive Guide
Have you ever wondered how to navigate the world of digital currencies without getting lost? This beacon guides you. We will examine the process of acquiring Yuan through the Internet, including the configuration of a digital wallet and the execution of an initial transaction. Simple procedures with no extra information are precisely what is required. To commence, let us proceed.
Discover how https://yuanboom.com/, an innovative automated trading bot, can help you access Yuan conveniently online without hassle.
Establishing the Context: Preparing the Digital Wallet
Beginning the process of utilizing digital Yuan requires a single, crucial step: configuring a digital wallet. Consider the process as akin to priming your digital wallet for novel experiences.
To begin with, define a digital wallet. It is...
Related
Keep exploring
Cryptocurrency
Top 5 Less Risky Cryptocurrencies as an Investment
One of the many options of investment in the digital world is investing in cryptocurrency. It is right to say that it is tough to think of modern investment without hearing about the option to buy bitcoin or invest in other cryptocurrencies. Despite cryptocurrency being one of the most talked-about investment options, there are many risks associated with it.
As of today, there are over 5000 cryptocurrencies you can find listed in the market according to coinmarketcap.com. Many of these coins are tagged ‘shitcoins’ because they have poor use-cases and are used for pump and dump schemes. Traders, especially newbies,...
eCommerce
Chimoney, A Toronto-based Startup, Launches Global Payout Platform and API
Toronto, Canada — July 21, 2021 — Chimoney today released a platform and API to make it easy for businesses to send, spend, and gift cryptocurrencies, gift cards, mobile money, airtime, and other assets globally.
With Chimoney, companies that want to move value to a geographically distributed group of people can now do so without needing to know their location, local currency, bank account details, or payment option that they accept.
The new Chimoney website showcases the range of products services offered by Chimoney via its Business dashboard and Developer APIs, which allows bulk payouts to user emails or social media usernames.
Asked...
Cryptocurrency
5 Ways to Earn Free Bitcoin on Remitano
Many people are interested in how to buy bitcoin today. Considering the astronomical growth and ease of getting bitcoin via P2P trading firms like Remitano, the adoption of the asset keeps growing.
BTC is one of the biggest assets to have, and this is not because it is the pioneer decentralized, anonymous global cryptocurrency, however, its continuous increase in price has made it one of the biggest digital assets in the world.
In the last ten years, BTC has been the asset with the best performance, even exceeding the profits of gold, the United States stock trade, and other stocks. Presently,...
Cryptocurrency
What’s Behind the Cryptocurrency Price Fluctuations
When it was first launched in 2009, Bitcoin had an initial value of a mere $0.0008. Earlier this year, it reached heights of over $64,000 per coin, meaning that those who got in at the ground level could now be sitting on a fortune worth millions or even billions. However, its meteoric rise has not been without its fair share of hiccups, as well.
Just like all other cryptocurrencies, Bitcoin is highly volatile and subject to the whims of the stock market, meaning that investment into it is potentially more rewarding than more conventional commodities – but also potentially more...
Cryptocurrency
How Smart Contracts Empower Blockchain and Contribute to Economics
Blockchain, the innovative technology behind exciting new cryptocurrencies such as Bitcoin and Ethereum could potentially be a serious game-changer, but if it is already creating brand new currencies to rival the US dollar, what else can it do?
Some of the hot topics of this discussion include smart contracts, executing complicated transactions in real-time, replacing notaries, lawyers, banks and even reorganizing wealth in developing countries.
How could Blockchain accomplish all of this you may ask? Well, Blockchain is uniquely secure by design. In the blockchain system, each block contains a timestamp, the hash value of the previous block (‘parent’), and a...
Cryptocurrency
Best Places to Buy and Sell Bitcoin, Cryptocurrencies in 2024
If you're looking for a guide on a perfect and safe place to trade (buy and sell) cryptocurrencies then you're on the right page. We will share the best platforms where you can buy and sell bitcoin and other cryptocurrencies in 2024.
In this article, I'll be answering your question and relieving you of the stress of searching further.
Bitcoin and other cryptocurrencies have been widely adopted for trade both on exchange platforms and physical platforms like stores.
Because of the high volatility in the use of Bitcoin and other cryptocurrencies, a lot of exchange platforms have been established for the buying...
Cryptocurrency
Due to Recent Events, is Remitano P2P the Remedy for Nigerians to Buy Bitcoin in Nigeria?
It’s no longer news that the Central Bank of Nigeria popularly called CBN has placed a ban on cryptocurrency in Nigeria. With this ban in place, it is no more possible for Nigerians to buy Bitcoin from their usual exchanges with their debit cards or directly from their Nigerian bank accounts.
What’s worse is that a lot of crypto traders now have their assets stuck in their exchanges as they can no longer withdraw directly to their Naira account. This sudden move by the CBN put the Nigerian crypto community in a state of frustration.
In compliance with the crypto ban,...
Cryptocurrency
Top 5 Criticisms Levelled Against Bitcoin by Governments
The transactions in Bitcoin are increasing globally. Governments of all nations are worried that they have no idea what to do if there is an increased number of data theft issues due to increased Bitcoin transaction use.
Governments worldwide are now seeking the help of strict financial regulations to control the uneven circulation of Bitcoins. With some new frontiers, there will be bound to come certain obstacles in framing the transactions of Bitcoins.
Some Crucial Criticisms Against the Bitcoins by The Governments
Governments of many countries of the world are now not satisfied with the Bitcoin transactions even if it shows...
Cryptocurrency
Everything you need to Know about Bitcoin Exchanges
Do you know about the trending cryptocurrency of today's time? Bitcoin is one of the best and most popular cryptocurrencies of the decade. People across the world are coming forward and accepting bitcoin for their businesses. There are unique perks of using bitcoin to make payments.
It is a digital currency, and therefore it is entirely different from fiat currencies. In order to buy and sell bitcoin using fiat currencies or other cryptocurrencies, there are special marketplaces known as exchanges. A bitcoin exchange is an online marketplace that allows traders to buy and sell bitcoins easily.
Bitcoin exchange is a kind...
Cryptocurrency
Top Bitcoin Exchanges you should Know in Nigeria
This insightful article will explain the best cryptocurrency exchanges where you can buy bitcoin in Nigeria. Since the inception of Bitcoin in 2009 by Satoshi Nakamoto, it has grown to become one of the most profitable investments anyone can consider.
Since 2009, bitcoin has recorded an ROI of 9000% yearly, and there are chances it will do better. This ROI gotten from Bitcoin Investment is way higher than what you can expect from any other form of investment.
However, the major challenge every crypto newbie faces is finding a trusted platform to buy bitcoin. This article's focus is to give you...
Cryptocurrency
Remitano makes Money Transfer from Malaysia to Nigeria and vice-versa Easier with the new “Cash-out” Feature
Due to the ever-increasing volume of money transfer from Malaysia to Nigeria, Remitano, a global escrow-marketplace, has just launched a smart, free, and safe approach for cross-border money transfers. This system will allow Nigerians to send and receive money from Malaysia and other countries without incurring the high fees charged by most traditional Nigerian banks.
Fast Remittance and Cheaper Average Costs for Money Transfers between Malaysia and Nigeria
As a result of the launch of Remitano’s international cash-out features, Nigerians can now send and receive money from their families and friends in Malaysia multiple times faster than traditional Nigerian banks and...
Cryptocurrency
Sell your BTC, ETH and USDT at High rates on Jackocoins
Are you selling your crypto for low rate? It is high time you stopped selling at low rate. Right now , you can start selling your crypto for naira on jackocoins with few clicks. You enjoy highest and best rate offer for your USDT(ERC 20) token
About jackocoins
Jackocoins is one of Nigeria crypto exchange where you can sell your crypto with high rate, less click and full automation. High rate and automation make it stand out among crypto exchanges in Nigeria.
The CEO of this company is Precious okwuanaso, the founder of Jackobian forum who has been in this industry since...
Cryptocurrency
Is Kucoin Shares (KCS) A Good Investment
Kucoin used to be one of the most popular tier-2 centralized crypto exchanges in the world. It had its own popularity, especially among Chinese and Asian crypto traders who love to trade altcoin to altcoin.
Kucoin’s popularity has been surpassed by some of the newer generations of crypto exchanges this year but it is still able to maintain hundreds of millions worth of daily trading volume.
Kucoin has a native crypto token called Kucoin Shares (KCS) which is quite similar to other crypto exchange tokens, such as Binance Coin (BNB) and Huobi Token (HT).
In this article, we will explain if it’s...
Cryptocurrency
How to Buy Bitcoin in Nigeria
On Aug. 18, 2008, the Bitcoin.org domain was registered by an anonymous entity as a precursor to the body of work that would describe the intricacies of the Bitcoin protocol.
This came to life with the publishing of the Bitcoin white paper on Oct. 31, 2008. Titled "Bitcoin - A peer-to-peer electronic cash system", the initial nine page document was distributed on cypherpunk mailing list in November 2008.
On Jan. 3, 2009, Satoshi Nakamoto successfully created the Genesis Block, the founding block of the Bitcoin blockchain. The Genesis block was hardcoded into the Bitcoin software and the 50 BTC, which were created cannot be spent, due to...
Betting
Where to Place Bitcoin Bets on eSports in Nigeria?
eSports is a growing market. It is booming. Cryptomaniaks covered where to place eSports bets for betters living in the US and EU… but what about places to place bitcoin bets in Nigeria?
This article will answer that question for you as well as cover how to place bitcoin bets and why you should pay attention during the whole process.
Where to Place Bitcoin Bets on eSports in Nigeria
There exist solid guides to life, leisure, and everything else about Nigeria. If you want to know specifically about eSports in Nigeria, however, you might want to turn to the eSports portal.
That site...
Cryptocurrency
Remitano Launches Mission, a New Online Job Market for Crypto Lovers
Remitano, global P2P crypto exchange, has just launched a new online job market - Mission, the platform's latest element in its push to realize its full potential and open a new window of employment opportunities to crypto users.
Missions are simple, short-term tasks that anyone can do and get paid for. For example, "Share a Remitano post on Facebook." The new online job market will provide a range of 'easy and quick apply' jobs (mission) for crypto lovers wishing to have additional earnings. This way, applicants can skate through the application process and land jobs fast.
As of the August 2020...
Cryptocurrency
How $100 Earn Me $2,000 in a Month on BTCC
Before I move into the details of how I flipped a $100 to $2000 in a month on BTCC crypto derivatives trading platform, let me first go over what it means to trade bitcoin CFDs on margin, which played a crucial role in getting me that kind of profit within such a short period.
Also, not forgetting to mention market timing. I'll touch on market timing but, let's start by explaining what it means to trade cryptos on leverage, which is also referred to as margin trading.
Margin trading involves taking leverage, which is like a boost to your trading account....
Cryptocurrency
Best Blockchains for Development besides Ethereum
Most people who think about Blockchain think Bitcoin. This was an uncontroversial statement just a year ago, but now it is being challenged by Ethereum. The reason for it is that the next evolution of technology, Decentralized Finance, is happening in this platform and virtually nowhere else. As all other projects raze to catch up to Ethereum, the network is beginning to gain recognition with mainstream audiences, and the platform is on its way to becoming a household name.
A complete overview of DeFi can be found in DeFi Apps: What you Need to Know (2020).
Yet problems arise on the...
Cryptocurrency
Best Trading Bots in 2024 for Nigeria and Africa
Nigerians are in love with cryptocurrencies. The country saw a 210% rise in cryptocurrency usage and trade over the year. This means that in Africa, Nigeria is the country with the fastest adoption of crypto assets, consequently opening opportunities for those looking to make money on the side by trading or looking to make a full-time job trading.
The opportunities are wide open for those entering the market now as Nigeria is also the country with the most number of BTC ATMs in Africa. This is a clear sign that the country's adoption of crypto is not a trend likely...
Cryptocurrency
PrimeXBT Historical Retrospective: 10 Far-Fetched Finance Market Predictions That Ultimately Came True
Analysts, hedge fund managers, economists, and more, all make wild speculative bets and predictions about what will happen across the broader financial market.
Sometimes, they hit the nail on the head, while other times, the predictions are just too crazy sounding to come true. Over the years, the predictions either are eventually proven, or get added to the pile of incorrect calls that soon become forgotten.
PrimeXBT research has revealed some of the wildest and craziest predictions financial analysts have ever made that eventually happened, much to the shock of the finance industry. Also, the research team has outlined a few...
Recommended Read on NaijaTechGuide
Internet
Best Marketing Automation Software 2024
You need the best marketing automation software to scale your business fast and convert your prospects to customers.
Because, as a marketer, you already have...
Internet
Best Content Marketing Tools for 2024
As a content marketer, you have a lot of tasks to accomplish. You need to create and manage your content marketing funnel, create amazing...
Services
Best VPN Services Providers for 2024
The internet is one of the greatest achievements of humanity, but it is also a place with many risks and opportunities. A Virtual Private...
Generators
Best 20KVA Generators to Buy in 2024
Generator sets, as an alternate source of power supply, come in their different sizes — which grows proportionally and in accordance with their output...
Laptops
Best Laptops for Students 2024: 11 Top Picks to Choose From
So, you are a student who is looking to get the best laptop they could for their money, right? Because, why else would you...
Mobile Phones
Cheap Android Phones 2024 – Price, Specs, and Best Deals
Android phones are the most popular smartphone category. The popularity of Android phones are largely due to their adoption by most mobile phone manufacturers...
Mobile Phones
Best Android Phones 2024 – Price, Specs, and Best Deals
New Android Phones are launched into the market every week. This means that if you are in the market for a smartphone you have...
Internet
Best Web Hosting Services for Building Websites in 2024
A good and reliable web hosting service will make a big difference for your business website or blog. This is why great care must...
- Advertisement -
