by : ada_coin Overview

Crypto platforms for investing and earning

Those who believed in cryptocurrencies a few years ago and invested their spare cash in them are now reaping the benefits of their wise decision. Fortunately, the opportunities for successful crypto investing in 2022 have not closed, and people also have a chance to make good money. This article will tell you how can I get a peer-to-peer btc credit.

Earnings from affiliate and referral programs

Referral or affiliate programs today provide almost all crypto platforms. It is especially convenient to earn from them for those who have popular websites, blogs, and channels, that is, a large and interested audience. For each invited person who starts using the platform, they get either a bonus, or a discount, or a percentage of the referral’s actions.

Cryptocurrency lending scheme

On some exchanges, it is possible to lend money to other users at interest – this money is used to provide the aforementioned margin trading. Examples of such exchanges are:

  • Binance.
  • CoinLoan.io.
  • Huobi.
  • Gate.io.
  • Poloniex.
  • Bitfinex.

Lending at interest is much more profitable and interesting than just keeping crypto in your account. As a rule, loans are issued for a short period of time. There are also platforms designed specifically for giving and taking out loans. They work quickly, securely, and allow you to use many popular payment systems in the process. The rate at which the loan is issued is set by the lender. Examples are Nexo, Salt.

IMPT

Users of the project can choose from a variety of ways to fix the environmental situation in the world and improve the overall quality of life.

How to join IMPT:

  • Get registered at IMPT.io
  • Purchase IMPT coins.
  • Transfer IMPT into carbon credits.
  • Credits will be presented in NFT format.

Next, the customer can do with the ready carbon credits in one of the two suggested ways. You can burn the purchased NFT credit to offset your own carbon footprint in this way. For each credit written off in this way, the platform will provide a reward in the form of a collectible NFT that has been created by professional artists specifically for the IMPT project. You can also keep the carbon credit as an investment.

Benefits:

  • Beneficial purchase of tokens at the pre-sale stage with subsequent rate increases
  • Opportunity to influence the environmental situation;
  • A simple process for purchasing tokens;
  • Receipt of unique NFTs.

CoinLoan.io

The CoinLoan.io platform roadmap states that it was conceived as an analytical and social cryptocurrency trading project of the international class. CoinLoan is designed to make it easier for traders with any level of experience to make informed investment decisions. To this end, useful features are provided such as:

  • Chain analysis to identify in-demand coins;
  • The possibility of social trading;
  • Indicators that tell you if there is a good opportunity to buy or sell;
  • Strategy builder;
  • Social sentiment metrics;
  • Real-time notifications about cryptocurrency listings.

The platform offers a large number of features, but at the same time, they are available in a clear form. This makes the functionality accessible not only to professionals but also to inexperienced traders.

Pre-sale of the tokens has just begun, but it is already rapidly gaining momentum. The project has received decent funding, which provides promising prerequisites for development. In addition, the community of the platform is constantly updated with new active traders.

The advantages of the project:

  • More than 70 thousand clients;
  • Extensive functionality;
  • Possibility to create strategies independently.

OKX

One of the world’s largest cryptocurrency exchanges has been operating since 2013. Now the company is trusted by millions of investors from more than 100 countries. OKX provides a stable and reliable environment for various crypto trades. On the platform, you can:

  • Purchase cryptocurrency for fiat;
  • Exchange coins with each other;
  • Invest in crypto directly without intermediary participation through P2P service;
  • Trade on spot or margin trading;
  • Work with futures and options;
  • Engage in mining;
  • Credit other users with digital money.

OKX has both computer and mobile applications that can be installed on Android or iPhone smartphones. All trading terminals have a wide range of functionality, giving investors the ability to invest in crypto at their convenience from any location. OKX issues its own service token. OKB holders can significantly reduce trading commissions, as well as take part in voting.

Pros:

  • High trading volume, which helps maintain high liquidity.
  • Security through various passwords for login and access to assets, an additional phone, and email verification, and the use of an anti-phishing code.
  • Ability to trade with different order types – from basic to advanced.
  • Replenish the deposit without taking commissions.

No matter which variant is chosen, the trader must remember that it is up to him to make the choice. Relying not on third-party advice but on their own needs, possibilities, and impressions of a certain method. Each of these points is profitable in its own way. But by no means forget about the existing risks.

IEO/ICO/IDO

IEO is rapidly replacing ICO as a way to raise funds for new crypto projects. The essence is almost the same, but IEO is held at some crypto platforms. This benefits all parties:

  • The exchange gets additional advertising (for example, Binance got a lot of new users due to BitTorrent IEO);
  • The developers of the project also get advertising, as well as instant listing after the end of trading and ready audience;
  • Users get the opportunity to trade the token of interest and avoid risks – a popular exchange will never risk its reputation by launching an untested token.

IDO is another alternative variant of the token sale, but it is held on decentralized exchanges and special DeFi platforms.

What are the earnings? This is a kind of cryptocurrency investing. Practice shows that tokens that were distributed in this way, after listing, grow in price by 100-1000%, which allows you to sell them profitably afterward. But a lot of attention should be paid to choosing really promising projects because participation in IEO itself does not guarantee that the rate will shoot out.

Conclusion

Although commercial lending using cryptocurrency collateral is not very common yet (when compared to bank loans), it is a logical step to continue integrating crypto into people’s daily lives. If a cryptocurrency has value to a certain number of people, then that value can and should be used. And providing it as collateral is a comfortable option that opens up a lot of possibilities.

 

 

by : ada_coin Overview

Pros and Cons of Cardano (ADA)

Cardano (ADA) is a popular cryptocurrency with many advantages, such as its high security features, scalability and low energy consumption. However, it also has some disadvantages like the lack of liquidity in some exchanges and the complexity of developing applications on Cardano’s blockchain. Overall, Cardano is an interesting project that could revolutionize how we use money if more people start to adopt it. It remains to be seen whether or not this will happen but for now investors should research thoroughly before investing in any cryptocurrencies including Cardano.

Pros:

  • High security features
  • Scalability
  • Low energy consumption
  • Potential to revolutionize how we use money

Cons:

  • Lack of liquidity in some exchanges
  • Complexity of developing applications on Cardano’s blockchain
  • Uncertainty about the future of the project

Cardano is a potentially revolutionary cryptocurrency with many advantages. However, it also has some drawbacks that investors should keep in mind before investing. It remains to be seen whether or not Cardano will achieve mainstream adoption but for now, further research is recommended before making any investments with this cryptocurrency.

by : ada_coin Overview

About Cardano

Cardano is a blockchain project focused on developing a framework for smart contracts and decentralized applications (dApps) that prioritizes advanced functionality and scalability. The native cryptocurrency of the Cardano network is called ADA, which can be used to transfer value in the same way as other digital assets. However, the maximum supply of ADA coins is capped at 45 billion.

Cardano operates on a public, decentralized network that utilizes the Proof-of-Stake algorithm to achieve consensus about ledger state. The project was launched in 2017 by Charles Hoskinson, a co-founder of Ethereum.

Cardano was created as a solution to Bitcoin’s poor network performance and Ethereum’s lack of scalability. Cardano is based on the principles of scalability, interoperability, and regulatory compliance.

Cardano has two features, the Cardano Settlement Layer (CSL) and the Cardano Computational Layer (CCL). CSL tracks transactions and uses ADA as its currency while CCL, which is similar to Ethereum, focuses on smart contracts and dApps.

Cardano is a cryptocurrency project that takes a rigorous approach to development. For example, the protocol’s Ouroboros Proof-of-Stake consensus protocol has been subject to academic peer review. Thanks to its blockchain architecture, Cardano uses less than 0.01% of the energy consumed by Bitcoin, as reported by the University of Cambridge.

Cardano’s Haskell-based smart contracts offer greater security than those written in other languages. With Plutus, developers can use Haskell to write self-executing contracts and create new tokens.

There are hundreds of blockchain projects in the Cardano ecosystem, including decentralized exchanges (DEXs), wallets, DeFi protocols, NFT marketplaces, token launchpads, games, and more.

Charles Hoskinson, one of the original founders of Ethereum, came up with the idea for Cardano. However, he left Ethereum because he disagreed with where the team wanted to take the project in the future. Afterward, Hoskinson started IOHK–a blockchain infrastructure company and primary developer of Cardano.

Cardano began development in 2015 but did not launch until 2017, accumulating $62 million from its ICO campaign. In total, the project held five fundraising events between 2015 and 2017, selling nearly 30 billion ADA.

Cardano is managed by three organizations which serve different purposes – IOHK, Cardano Foundation, and Emurgo. IOHK manages the technical development of the Cardano protocol, the Cardano Foundation promotes adoption of Cardanao blockchain technology while Emurgo focuses on commercial applications.

Cardano is focusing on five major aspects of the protocol, each in a different phase. The phases are listed below in order from first to last:

  • Byron (Foundation)
  • Shelley (Decentralization)
  • Goguen (Smart contracts)
  • Basho (Scaling)
  • Voltaire (Governance)

Upon finishing the objectives detailed in the five phases of our road map, Cardano will be a fully decentralized blockchain ecosystem not under IOHK’s management. In addition, it will have advanced scaling and governance features on top of interoperable smart contracts.

by : ada_coin Overview

Key facts about Cardano

  • Cardano was launched in 2017, two years after initial development began in 2015 by Ethereum co-founder Charles Hoskinson
  • In order to fund development, the Cardano project raised $62.2 million in an initial coin offering (ICO) that was completed in January of 2017.
  • Cardano is a blockchain platform designed to run for smart contracts and decentralized applications
  • The Cardano network is based on a unique Ouroboros Proof-of-Stake consensus mechanism
  • IOHK, Cardano Foundation, and Emurgo are the main organizations in the Cardano ecosystem
  • The Cardano network consists of the Cardano Settlement Layer (CSL) and the Cardano Computational Layer (CCL)
  • Cardano is one of the leading blockchain projects in the industry, boasting a multi-billion dollar market cap and hundreds of apps running on its chain