submitted by SwipeWallet to Swipe_io [link] [comments]
At Swipe, the team always makes sure to listen to the voices of our users. In October, the team has announced various Swipe Improvement Proposals (SIP), product upgrades and migration, additional coin listings, and partnerships to make your cryptocurrency experience as easy as possible.
Swipe Verified Pages
Swipe’s Instagram, Facebook, and Telegram accounts are now officially verified. Make sure to follow only the official pages of Swipe to get the latest offers, news, product developments, and updates.
Also, please be reminded that Swipe has only two official channels:
T.me/Swipe (Announcement Channel)
Swipe Discord Channel
The team has officially opened a Discord channel to connect with users who have Discord accounts.
Swipe gave away a total of $1,000 in Swipe Token (SXP) to 10 random winners who joined the Discord channel and followed Swipe’s official Twitter account. The ten winners were announced last October 6 on Swipe’s Discord channel.
Updates on Swipe Cards & Migration
The Swipe Slate card is now upgraded to 8% cashback with $30,000 referral rewards activated immediately, same rebates, and on-chain staking rewards with governance. The monthly spending limit for Swipe Slate is also now upgraded to 50,000 Euros.
Other Swipe cards such as Saffron, Sky, and Steel will be migrated to the Binance card platform. Users of these cards will be able to use it and SXP lockups via their Binance account, including the migration of benefits and rebates.
SXP lock-up card tiers for Binance cards and Swipe cards ordered on Binance.com will be released soon to match up to existing benefits, perks, and rebates. Swipe Slate will remain on the Swipe Wallet platform for SXP Elite users.
This move shows Swipe’s commitment to push the Swipe Issuing platform products to businesses, like Binance, which will help the SXP deflationary ecosystem.
Swipe Improvement Proposals
Last of October, the Swipe team announced on its official channel the voting procedures for the Swipe Improvement Proposals (SIP) on Swipe Governance.
On October 5, Swipe announced the voting procedure for the Swipe Improvement Proposal 1 (SIP-1). Those who staked SXP can vote to upgrade the staking contract to add a reward claim period controlled by SXP holders. On October 8, the team announced that the SIP-1 has now passed with 3,456,709 $SXP staked for YES while 0 SXP for No.
SIP-3 was then made available on Swipe Governance last October 22. Staked $SXP can vote on upgrading the staking contract to add an unstake period for $SXP collateral. This proposed unstake contract upgrade enables a dynamic period in which new stakers have to wait to be able to remove their collateral from the network via a decentralized trustless system. On October 25, SIP-3 has been passed, with 5,283,856 $SXP staked for YES while 119,080 $SXP for NO.
This was followed by the announcement of the voting procedures for the SIP-4. Those who staked $SXP can vote in favor of, as well as against, the increase in the daily staking rewards for on-chain $SXP users securing the Swipe Network. However, SIP-4 had an issue in execution due to inadvertently adding a “space” in the proposal parameter, which throws a smart contract error. This was tested before deploying, and when it was copied, the space was accidentally added in.
The team re-proposes SIP-4 via SIP-5, which is now available on Swipe Governance. This proposal corrects the parameter with SIP-4.
View the details of the Swipe Governance Proposals here: https://app.swipe.org/dashboard
Swipe has added several coin listings on its platform. Adding to its list of supported cryptocurrencies are Venus Protocol ($XVS), Near Protocol ($NEAR), Kusama ($KSM), Ocean Protocol ($OCEAN), Filecoin ($FIL), and $AAVE. Swipe users can now buy and sell these cryptocurrencies with credit/debit cards, instant exchange, and trading, and spend it using Swipe Visa cards.
Swipe Visa Fund Sources
Swipe Visa Cardholders can now select $BUSD and $USDT funding sources in the “Card” tab on Swipe Wallet mobile application. Use Swipe card and convert fiat in real-time and earn up to 8% cashback and top brand rebates.
Swipe Visa Cards in US
Swipe Visa Cards are now available in the United States (excluding New York) with invites already rolled out last October 9.
Virtual Cards will be issued with Apple Pay, Google Pay, and Samsung Pay enabled. Physical cards will be shipped soon. Users can now finish their Social Security Number (SSN) verification to receive the Virtual Card. Physical cards will be linked and will activate your Digital Checking account.
The team also announced its plans to launch and an enhanced cashback program in the region soon. Swipe Visa card US users can earn up to 20% additional cashback (on top of the up to 8% Bitcoin cashback offer) at participating top and local retailers.
SXP Wrapped in BSC
$SXP wrapped on BSC is coming. The team will enable fee-free wraps and launch cross-chain staking when this deploys. This will save users high fees and latency currently faced on Ethereum.
Swipe Slate Staking Rewards
Swipe has distributed the first week and second week of Swipe Slate on-chain staking rewards to Slate cardholders last October 13 and 20. Swipe Slate cards can be ordered with a 30,000 $SXP stake lock up, which includes 8% Cashback in BTC, top brand rebates, and on-chain staking rewards.
Find out all the details: swipe.io/cards
New Executive Appointments
Swipe announced this month its new executive appointments. Henry Niduaza is appointed as the new Chief Technology Officer, Michael Belisario as Chief Information Security Officer, and Caroline Santos as Chief Marketing Officer. The new appointments are another important step in Swipe’s growth strategy.
Chief Executive Officer (CEO) Joselito Lizarondo believes that this new corporate structure affirms Swipe’s commitment to strengthening and growth to best serve its clients at all stages of their cryptocurrency journey.
Swipe and Wazirx, a trusted Indian Crypto Exchange platform announced on October 20 that Wazirx traders can now buy, sell and trade $SXP in the Indian Rupee (INR) market of Wazirx.
Start trading today: https://wazirx.com/exchange/SXP-INR
SXP on SYRUP Pool
PancakeSwap is planning for SXP farming (100,000 SXP) for SYRUP stakers. It is the fifth Syrup pool project to be announced by PancakeSwap.
The SXP staking campaign will run for 200,000 BSC blocks from block 1582740 to 1782740 (approximately 6.5 days with a block time of 3 seconds), which means that there will be 0.5 SXP given out to SYRUP holders in each block.
BEP20 SXP will also be circulating and transferable on BSC when PancakeSwap starts the SYRUP pool, so users will be able to harvest your SXP tokens and trade on PancakeSwap at any time.
Also, earn $CAKE by being a liquidity provider for $SXP-BNB on Binance Smart Chain with double rewards for approximately seven days followed by 1x on-going. To wrap your $SXP from ERC20 to BEP20, just deposit $SXP into your Binance Account and withdraw via the Binance Smart Chain option. The Swipe Wallet app now supports BEP20 BSC deposits for all supported coins.
Simply use the same address you normally use to deposit ERC20 based supported cryptocurrencies to deposit Binance Smart Chain BEP20 based ones such as $SXP, ETH, etc.
Spend Fiat Using Swipe Visa Cards
On October 23, Swipe announced that Swipe Visa card holders can directly use fiat currency as their funding source. This three-month pilot program lets users spend USD, GBP and EUR while earning up to eight percent cashback in BTC, SXP or BNB.
🇺🇸 🇬🇧 🇪🇺 residents can order now 👉 sw.pe/Cards
$20K Weekly Buy Limit
Swipe Wallet verified app users can now enjoy double the weekly limits at $20,000 per week for Visa and MasterCard credit and debit card purchases that support 3D-Secure (3DS).
SwipeX is now ready and part one of SwipeX will be announced within this week.
SwipeX will build the foundation for what it states will be a drive to crypto finance forward. More details on SwipeX and part one to be announced. $SXP SXP
Stay up-to-date with all the latest news from Swipe
Telegram: https://t.me/SwipeWallet & https://t.me/Swipe
submitted by Blockchain_org to BlockchainStartups [link] [comments]
Before going ahead, we would like to share that the top ten cryptocurrency exchanges are getting $3 million per day in profit. From 2009 to 2020, cryptocurrencies have come a long way, and during all these years, it has gone through a roller coaster ride. But, one of the significant development seen in this field was an investment in cryptocurrency. The rise of cryptocurrency exchanges indicates there has been a remarkable growth in this field.
The rise in cryptocurrency exchange and investors’ growing interest have made Bitcoin and other cryptocurrencies a popular choice among individuals. In this blog, we will discuss the best cryptocurrency exchanges and how they are performing so well.
Best cryptocurrency exchanges
Talking about the cryptocurrency exchanges, then Asian-based cryptocurrency exchange platforms are ruling the global crypto trading industry. An example of this is Tokyo-based Binance and Hong Kong-based OKEx; these bring in more than $1.7 billion daily. If we talk about the volumes, then Houbu from Singapore, Bithumb from South Korea, and Bitfinex from HongKong are performing the best. When calculated, Aisa-based exchanges are ruling over 50% of the daily crypto trading.
Crypto exchange makes money in the following ways:
Commissions- One of the common ways of making money is via commission. It is a fee for facilitating the trade between buyer and seller. The digital exchanges have a commission as low as .01%. If the dealing is in large volume, then the commission is on a higher side.
Listing fees- For a new cryptocurrency exchange, getting a more common and large volume of transactions would be difficult. But they can make money by listing fees. They can come up with a token and can list it, and earn revenue from it. Some of the common ways are Security Token Exchange, Initial Coin Offering, Initial Exchange Offerings. With either of these methods, exchange operators may collect a percentage of funds raised.
Fund collection- You can equip the platform for IEO and allow others to organize their token sales. In this scenario, your cryptocurrency exchange platform serves as a repository for but tokens.
Investing in Bitcoin and information about Bitcoin exchange
When we are talking about cryptocurrency exchange, then how can we miss Bitcoin? After all, it was the kickstarter of this revolutionary financial transformation.
Bitcoin farming is a way to exchange the value of Bitcoin. Those who wish to earn Bitcoin have to mine it by solving complex programs. These individuals are called miners. And they ensure that the network is secure and free from any threats. Those who wish to invest in Bitcoin also have the option of choosing Bitcoin ATM; it allows you to purchase Bitcoin via cash or debit card.
This was the basic information about how you can do Bitcoin farming and some of the common ways the cryptocurrency exchanges generate revenue. All these changes and transformation shows that there is going to be a growth in cryptocurrencies. With more than 5000 cryptocurrencies floating in the market, we can only expect this number to grow in the future. For more such interesting information, connect with Blockchain Council today.
2020 has finally step one leg inside our houses!! Woww! What a year 2019 has been. They say one door closes for the new one to open up. Thus, TomoChain welcomes 2020 still carrying the positivity and dreams from the old year. The difference is, our hopes and dreams this year shines even brighter with a goal to work even harder than the time has passed.submitted by alexngn201 to Tomochain [link] [comments]
We would like to send out our Happy New Year wishes to all TOMO lovers who have always been there and supported us since day 1! Looking forward to a fresh start!
The tutorial: https://incognito.org/blog/how-to-trade-bitcoin-privately-with-incognito-pdex/…
Listen to the 1st eps by TomoChain's CBDO Kyn Chaturvedi !
Binance is entering into a new stage of well-grounded development and accelerated emergence in cryptoland.submitted by dForceProtocol to u/dForceProtocol [link] [comments]
Malta-based cryptocurrency exchange Binance has an ambitious mandate for its 400 employees in 2019: leverage industry partnerships to diversify the brand beyond its primary trading platform.
Trust Wallet, which Binance acquired last summer, recently joined the Foundation for Interwallet Operability (FIO), CoinDesk has learned. The coalition includes the exchange ShapeShift, and wallet startups BRD and MyCrypto, among many others. Guided by the foundation’s instigator, a Denver-based startup called Dapix, the coalition plans to build a protocol to standardize crypto wallet addresses across currencies and platforms.
Boosters say this protocol could eventually introduce new features to the broader fintech ecosystem, such as giving e-commerce platforms the ability to refund crypto purchases directly to a personal wallet and users the ability to send payment requests using someone’s email, comparable to apps like Venmo.
“The wallets and exchanges will be able to participate significantly in [FIO] block production,” FIO founder David Gold told CoinDesk. Since the protocol has a native token for processing fees, scheduled for beta testing later this year, Gold says the value proposition for participating exchanges is clear: “They get income from being a block-producing node on the network.”
Binance chief growth officer Ted Lin said that revenue has slowed during the market downturn, but the exchange is still profitable and doesn’t currently plan to shore up a venture capital “war chest” the way Coinbase, its Silicon Valley competitor, did with a $300 million fundraise last October.
Although it would probably take years for FIO to potentially offer Binance a significant revenue stream, Lin said the exchange’s bear market strategy is to focus on projects with long-term payoffs.
“It will ultimately come down to impact,” Lin said, describing how Binance prioritizes partnerships. “What else can we do to remove the roadblocks?”
All of this wallet infrastructure is leading up to the launch of Binance’s decentralized exchange, or DEX, later this year. Trust Wallet will be the first mobile crypto wallet to support integration with the DEX and the updated token.
Stepping back, Binance’s initial coin offering (ICO) asset BNB, which gave the startup its initial $15 million funding in 2017, is currently ethereum-based until Binance’s unique blockchain also launches later this year. Lin said pushing broader BNB adoption is another way to complement the upcoming DEX.
“If the technology requires five years of the entire ecosystem working together to create a better alternative, then we better start now,” Lin said.
Wallet usabilityIn the meantime, standardizing addresses and messaging software should reduce the risk of human errors while sending and receiving crypto.
This was particularly appealing to Binance because one of its growth strategies is extending its reach among the crypto-curious with fewer technical skills. That’s why the exchange also launched the educational portal Binance Academy in December 2018, with hundreds of introductory videos and articles translated by volunteers into 15 languages.
Gold said Binance has one of the biggest global user bases, over 10 million exchange accounts and 150,000 Trust Wallet downloads, according to the company’s 2018 statistics. As such, Gold says Binance is uniquely positioned to help FIO facilitate global adoption.
“[User-experience issues] can’t be solved by any individual wallet or exchange,” Gold said. “It has to be solved between them.”
Trust Wallet founder Viktor Radchenko told CoinDesk that FIO complements Binance’s broader push to open source the wallet’s code so external developers can add support for almost any crypto, beyond the 15 tokens Trust Wallet now supports.
Standardizing software with tools like the FIO protocol could give fans of niche assets the option to enable Trust Wallet support with the same level of security and usability across platforms.
“Last year we were really focused on ethereum,” Radchenko said. “We realized there are lots of blockchains and there are going to be lots of different use cases with people with different understandings of crypto.”
Referring to a scaling update called SegWit that improves transaction efficiency, he added:
“It’s really important for everyone to stay on the same page … most of the bitcoin wallets don’t even support SegWit. That’s really bad.”With pivotal wallet updates and a DEX on the way, BNB is the third Binance product that lends itself to helping the exchange form deeper industry ties.
Other partnershipsBeyond the Trust Wallet acquisition, Binance also invested $2.5 million in the airline payments startup TravelbyBit in 2018. This external company is now one out of many that Binance is partnering with to give BNB holders places to spend their tokens.
Late last year, Lin said Binance started reaching out to industry players to see if they would accept BNB payments or offer discounts to BNB users.
“We now receive multiple requests per day asking to incorporate BNB into their product or service,” Lin said.
In late December, the eco-friendly impact investing startup Moeda joined those ranks by enabling BNB contributions to its loan programs, where global investors issue short-term crypto loans to small businesses in developing nations. One such project, Cooperval Craft Beer run by a family farm in Brazil, repaid its first $8,000 loan in December.
According to Moeda co-founder Isa Yu, each of the roughly 15 international investors who contributed to that transparent loan, using BNB or Moeda’s ICO token MDA and a Brazilian real–pegged version called MDABRL for local accounting, received $800 return on their investments.
“You can choose to get out of the ecosystem by converting to MDA and trading on Binance,” Yu told CoinDesk. “Or you can choose to reinvest the MDABRL.”
There are already two more similar projects in Brazil now gathering $20,000 in crypto loans from more than 50 investors. Yu said Moeda plans to partner with Binance and expand the platform to nearly 200 projects receiving an average of $25,000 each by 2020.
“We want to work with them [Binance] closely to help the projects to grow and focus on different geographic regions,” Yu said.
Yet again, this shows how Binance looks to offer shopping and investment opportunities beyond standard cryptocurrency trades. Plus, educational initiatives at Binance Academy aim to attract newbies while the prices are low, potentially converting them into exchange users if prices spike again.
Speaking to Binance’s goals for BNB, including ongoing partnerships like Moeda and temporal events such as a discounted sale day at the Singaporean store SK Jewelry, Lin said:
“It’s showing the possibility of alternative payment methods that regular people who haven’t touched crypto are able to witness. … This has actually opened up a lot of proactive participation.”Binance CEO Changpeng Zhao image via CoinDesk archives
Disclaimer: The content of the thread and news should not be relied upon as advice or recommendations of any kind. Use this thread for informational purposes only. It will be your responsibility to take the risk trading based on the recent crypto news. Remember the golden rule - Past results are no indication of future performance.
Rules: The subreddit and Reddit rules are still in force here. Please keep the discussion related to cryptocurrency news only and do not use this thread to solve your technical issues on Bitsgap platform.
Binance is excited to announce the 2nd project on Binance Launchpool - Wing (WING), a ... with farming starting from 2020/09/15 0:00 AM (UTC). Users will now be able to receive BOTH WING and BEL tokens for staking their BNB and BUSD in the respective flexible savings products. Binance will then list WING at 2020/09/16 2:00 AM (UTC) and open trading for WING/BTC, WING/BNB, WING/BUSD and WING ... 2. How to Start Mining Instantly. If you’re not looking to mine Bitcoin specifically you can use a program like HoneyMiner that mines the coin that is most profitable for you to mine based on your computer’s specification.. While you may be mining some obscure coin, you’ll still be getting paid in Bitcoin, so this could be a good way to start mining instantly. Bitcoin-Maske; Binance brings out platform for farming new assets. Bella Protocol will be the first project to participate in the platform. Gefunden auf Cointelegraph. Geposted in Blockchain, Kryptowährungen. Hinterlassen Sie einen Kommentar. Nameerforderlich E-Mail (wird nicht veröffentlicht)erforderlich Webseite Kommentar. Hier klicken, um das Antworten abzubrechen. Letzte Links. 2020-03 ... @Binance is doing an IPO. That is Initial Pool Offering 😂 — CZ Binance (@cz_binance) September 7, 2020. CeFi betritt DeFi. Binance tritt Huobi Global bei, als eine weitere wichtige zentrale Börse die plant, sich an dem Farming-Boom zu beteiligen. Die Reaktionen auf die Nachrichten waren allerdings gemischt. Ein Twitter-Nutzer antwortete: Binance’s Kava Supports Bitcoin Yield Farming. Kava has raised the bar for DeFi apps with the launch of Harvest.io. An automated money market (AMM), Harvest.io opens the yield-generation capabilities of DeFi to major crypto assets like Bitcoin, XRP, and more non-Ethereum projects. Binance announced the launch of Launchpad token sale and Launchpool farming for Alpha Finance Lab [ALPHA], a platform dedicated to researching and innovating in the DeFi space. This news comes days after going live on public Binance Smart Chain Testnet. According to the official release, the token sale for Alpha Finance Lab will follow a lottery format.
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