Allcoin news

Established in 2016, Canada. No. of pairs - 33. Fiat - USD. Centralized exchange.

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Allcoin Exchange Review – Should You Trust It?

When it comes to trading altcoins, there are several dozen platforms all vying for traction in this growing crypto industry. While Allcoin makes a strong case for itself due mainly to its support to a vast array of coins, putting one’s trust in any cryptocurrency exchange remains risky when not aware of all the facts. The Allcoin Company Becoming a global digital asset trading platform is an ambitious goal. Allcoin, a Canadian firm owned by Cascadia Fintech Corporation, is looking to make its mark on the cryptocurrency industry since early 2016. To date, the company has expanded significantly in terms of offering different markets. It is also worth mentioning Allcoin’s parent company is regulated by FINTRAC in its native country of Canada. Trading pairs and Markets Even though Allcoin aimed to support both USD and CNY trading at some point, it seems things have changed significantly in this regard. Neither fiat currency is still supported directly at this time, yet the platform exposes traders to CKUSD. This is a stablecoin linked to the US Dollar, which is primarily traded on Allcoins and BCEX. It seems to provide some additional liquidity, although it will not become an USDT rival anytime soon. Other currencies traded on Allcoin include Bitcoin, Ethereum, Bitcoin Cash, Qtum, HyperCash, and so forth. There are also a fair few currencies which have not gained any real traction as of yet, which makes one wonder whether or not those additional will yield any successes for the exchange moving forward. The lack of prominent coins such as Litecoin, XRP, and XLM also seems unusual, albeit that situation may change sooner rather than later. Fees and Listings Similar to most exchanges, Allcoin does not charge any additional fee for cryptocurrency deposits. There is no apparent trading fee on the marker side, though market takers will pay 0.2% in fees for trading cryptocurrencies. There is a lot of uncertainty regarding withdrawal fees, as the company does not list this specific information on their website at this time. Community Feedback So far, it seems Allcoin has built up an interesting reputation among cryptocurrencies users. The exchange has been subject to a fair few incidents with users which should have been resolved a lot sooner. Ever since its acquisition by Cascadia Fintech Corporation, it seems things have improved slightly. There is still a lot of uncertainty regarding fees, the website is very sluggish, and there are concerns regarding its overall stability. Always do your own research prior to trusting any exchange. Disclaimer: We are not affiliated with Allcoin and cannot guarantee the safety of your funds. This is not trading or investment advice. Please do your own research before making deposits into any exchange. The post Allcoin Exchange Review – Should You Trust It? appeared first on NullTX.

Justin Sun Reveals Why Tron Bought BitTorrent, Also Allcoin TRX Listing News

CEO of Tron Announces New Listing, Also Shares Reason for BitTorrent Acquisition CEO of Tron, Justin Sun has reported that the TRON token has now gained new support. Sun took to his Twitter platform to inform devoted followers of the new listing and it is none other than the Canadian crypto exchange, Allcoin. He also revealed that users can now deposit and withdraw TRON as of Wednesday, August 22 with trading only commencing, Friday, August 24 at 15:00 (SGT). As per CoinMarketCap’s statistics, TRON has been bumped out of the top ten cryptocurrencies, now sitting at the 12th position. Its market capitalization is approximately USD$1.3 billion with its trading volume at about USD$96.8 million and current token value at about USD$0.019. Since its all-time high back in December, the coin has seen a drop of nearly 90%, which seems to be the case for most altcoins. Tron is not new to constant partnerships and support, as the project dedicated to decentralizing the web has made multiple efforts in helping to expand its ecosystem. While its native token gaining yet another listing is surely to add to investors’ confidence, not many seem to be convinced. Twitter users have since praised the efforts, but believe it is not enough, as the token’s value does not seem to pick up in anyway. Why Acquire BitTorrent In July 2018, Sun announced Tron’s acquisition of the communication protocol for peer-to-peer (P2P) file sharing platform, BitTorrent. While many investors were quick to congratulate Tron for such an acquisition as it signifies more exposure within the crypto sphere, it appears like Sun has other reasons for the acquisition. In a letter written to BitTorrent, Sun wrote that both firms involved share a common value. He emphasized on Tron’s goal to: “Decentralize the web” as being closely related to BitTorrent’s goal to “Democratize the Internet”. This acquisition is supposedly considered an initial step towards the CEO’s plans to “strengthen the Internet infrastructure.” One would assume that all of Tron’s accomplishments will surely rise its token price, however, it seems to be the contrary. Could it be that the lack of investor motivation is driving down the Tron price? Share your perspective(s) below.
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Tron [TRX] to be listed on Allcoin, tweets Justin Sun

In a recent tweet, Justin Sun posted that Allcoin a digital currency exchange operated by Cascadia Consumer Electronics Corp will open the exchange platform for deposits and withdrawals of Tron [TRX]. According to his tweet, the deposits and withdrawals of TRX will start at 17:00, August 22nd, 2018 [SGT]. He also mentioned that the trading of TRX/ETH pair will start at 15:00, August 24th, 2018 [SGT]. Post the Mainnet migration TRX has been listed on various cryptocurrency exchange platforms such as Coinex, Max exchange, OTCBTC, Bitforrex and many more. Tweet by Justin Sun | Source: Twitter According to CoinMarketCap, TRX is ranked at number 12 by total market capitalization. It currently has a market capitalization of $1.3 billion with the price of $0.0202 and has witnessed a rise of 0.71% over the past 24 hours. Earlier today the price of the coin has seen a sudden rise from $0.020803 to $0.022119. Further, the price of the coin dropped and reached the current value TRX’s 1-day chart | Source: CoinMarketCap Allcoin is a global digital asset trading platform operated by Cascadia Fintech Corporation which is incorporated in Vancouver Canada. It has been listed on Canadian Security Exchange since 12th September 2013 but Allcoin officially released the digital asset trading platform on April 2016. They are also ranked among the top 40 companies for 24 hrs trading volume. The top trading combinations of Allcoin are BTC/USD, GAME/USD and Qtum/USD. Dan Brook, a Twitterati commented: “Shame it’s now at 0.02 and dropping still” Another Twitterati named Dung says: “I Think TRX up to 10 USD. In 2018.” The post Tron [TRX] to be listed on Allcoin, tweets Justin Sun appeared first on AMBCrypto.
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Grayscale Adds Stellar as Latest Cryptocurrency Investment Trust

Grayscale Adds Stellar as Latest Cryptocurrency Investment Trust Digital currency investment group Grayscale confirmed it had successfully launched its latest fund, dedicated to Stellar’s Lumens (XLM) token, in a tweet Jan. 17. Grayscale, which now operates nine cryptocurrency funds, timed the move to coincide with a change of image for its products, renaming all its […] Cet article Grayscale Adds Stellar as Latest Cryptocurrency Investment Trust est apparu en premier sur Bitcoin Central.
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Researches from MIT, Stanford Set to Replace Bitcoin with Their Groundbreaking Crypto Project

CoinSpeaker Researches from MIT, Stanford Set to Replace Bitcoin with Their Groundbreaking Crypto Project Until now, everybody has been talking about Bitcoin, the most popular and widely used digital currency. However, Bitcoin is unable to process thousands of transactions a second. Researchers from the Massachusetts Institute of Technology (MIT), UC-Berkeley, Stanford University, Carnegie Mellon University, University of Southern California, and the University of Washington have decided to fix such a weakness and develop a crypto asset better than Bitcoin. The researchers are working together as Distributed Technology Research (DTR), a non-profit organization based in Switzerland and backed by hedge fund Pantera Capital. The first initiative of Distributed Technology Research is the Unit-e, a virtual coin that is expected to solve bitcoin’s scalability issues while holding true to a decentralized model and process transactions faster than even Visa or Mastercard. Babak Dastmaltschi, Chairman of the DTR Foundation Council, said: “The blockchain and digital currency markets are at an interesting crossroads, reminiscent of the inflection points reached when industries such as telecom and the internet were coming of age. These are transformative times. We are nearing the point where every person in the world is connected together. Advancements in distributed technologies will enable open networks, avoiding the need for centralized authorities. DTR was formed with the goal of enabling and supporting this revolution, and it is in this vein that we unveil Unit-e.” According to the press release, Unit-e will be able to process 10,000 transactions per second. That’s worlds away from the current average of between 3.3 and 7 transactions per second for Bitcoin and 10 to 30 transactions for Ethereum. Joey Krug, a member of the DTR Foundation Council and Co-Chief Investment Officer at Pantera Capital, believes that a lack of scalability is holding back cryptocurrency mass adoption. He said: “We are on the cusp of something where if this doesn’t scale relatively soon, it may be relegated to ideas that were nice but didn’t work in practice: more like 3D printing than the internet.” The project’s ideology is firmly rooted in transparency, with a belief in open-source, decentralized software developed in the public interest with inclusive decision-making. The core team of the project is based in Berlin. To solve the scalability problem, DTR has decided to develop the Unit-e with parameters very close to Bitcoin’s design, but many things will be improved. Gulia Fanti, DTR lead researcher and Assistant Professor of Electrical and Computer Engineering at Carnegie Mellon University, commented: “In the 10 years since Bitcoin first emerged, blockchains have developed from a novel idea to a field of academic research. Our approach is to first understand fundamental limits on blockchain performance, then to develop solutions that operate as close to these limits as possible, with results that are provable within a rigorous theoretical framework.” The launch of the Unit-e is planned for the second half of 2019. Researches from MIT, Stanford Set to Replace Bitcoin with Their Groundbreaking Crypto Project

BitPay CEO Says Bitcoin Is Solving Real Problems Around the World

BitPay co-founder and CEO, Stephen Pair, has recently commented that Bitcoin (BTC) is solving several issues around the world. He said that in a press release uploaded a […] The post BitPay CEO Says Bitcoin Is Solving Real Problems Around the World appeared first on UseTheBitcoin.
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Trillion Dollar Market Cap, Ethereum Chain Splits & Stellar Lumens Fund - Crypto News

In this video, Mattie gives you the latest bitcoin and crypto news. He talks about the ethereum chain splitting, BitGo CEO Says Institutional Money in Crypto Can ‘Easily’ Reach Trillions of Dollars, and a new Stellar Lumens fund. This is a daily segment! ----------------------------------------------------------------------------------- CHECK OUT OUR PODCAST: New episode every Monday and Friday! ----------------------------------------------------------------------------------- Check out Altcoin Buzz Ladies! ---------------------------------------------------------------------------------- Connect with us on Social Media: Twitter: Facebook: Telegram: ---------------------------------------------------------------------------------- Looking for the best cryptocurrency wallets? Check these out: BitLox: CoolWallet S: Trezor: Ledger Nano S: KeepKey: Read about them here: --------------------------------------------------------------------------------- References: Leading Crypto Asset Manager Grayscale Launches Stellar Lumens Trust Crypto Investment Firm Grayscale Launches Fund Dedicated to Stellar Lumens (XLM) Grayscale Tweet Grayscale BitGo CEO Says Institutional Money in Crypto Can ‘Easily’ Reach Trillions of Dollars As Company Launches Cold Storage Trading Crypto’s Billion-Dollar Theft Problem Prompts Safer Way to Trade Ethereum Chain Splits, An Estimated 10% of Miners Stay on Constantinople Ethereum Upgrade – Constantinople Hard Fork Delayed VanEck to Nasdaq: Bitcoin Market Structure Expected to Improve in 2019 Nasdaq Tweet -------------------------------------------------------------------------------- DISCLAIMER The information discussed on the Altcoin Buzz YouTube, Altcoin Buzz Ladies YouTube, Altcoin Buzz Podcast or other social media channels including but not limited to Twitter, Telegram chats, Instagram, facebook, website etc is not financial advice. This information is for educational, informational and entertainment purposes only. Any information and advice or investment strategies are thoughts and opinions only, relevant to accepted levels of risk tolerance of the writer, reviewer or narrator and their risk tolerance maybe different than yours. We are not responsible for your losses. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence and consult the financial advisor before acting on any information provided. Copyright Altcoin Buzz Pte Ltd. All rights reserved.
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