Online shops

Many people ask: where to apply cryptocurrency? – The sphere of its use is vast. The electronic payment tool is increasingly being used to pay for goods in online shops. Cryptocurrency is accepted by the world’s largest e-commerce platform, we are talking about the famous Amazon. Almost any kind of product can be purchased on the platform, often at good discounts. Amazon has a wide range of home appliances, jewellery, books, music CDs and much more. All of these items are easy to buy in rubles, euros, dollars, and for coins. Ordering various items on Amazon by paying for them with cryptocurrency is convenient and profitable.

Online casino

Online crypto casinos https://onlinecasinozonder.com/crypto-casinos/ can be considered a trend. The number of gaming sites that accept this currency for payment is growing at a rapid pace. Their owners think about users’ convenience, so they offer various options for depositing and withdrawing funds. If the casino is offering you the possibility to make payments in Crypto-currency, it’s safe to say that it’s on the cutting edge.

Buying Food

It may come as a surprise to some people, but you can even use cryptocurrency to pay for food. Some restaurants, cafes, and pizza delivery services accept it. There aren’t many yet, but that’s going to change. Cryptocurrency transactions are gradually becoming a reality. At KFC in Canada, for example, a bucket of wings can already be purchased for bitcoins. Payments are processed through the BitPay system.

Services for travellers

Services for travelers have also begun to introduce cryptocurrency. It is already accepted by a number of well-known platforms, such as Bitcoin.Travel, AirBaltic, CheapAir, Expedia and Surf Air. Travellers can pay for train and plane tickets with bitcoins and other cryptocurrency variations. Payments are made directly from your wallet, which is very convenient; you don’t have to enter your bank card details anywhere.

Bitcoins make it possible to book flights on Expedia.

Virgin Galactic, a company owned by Richard Branson that specialises in organizing flights into space, the cost of which is truly exorbitant, is also willing to accept bitcoins for payment. This further confirms the demand for the cryptocurrency and its rapid march around the world.

It is very likely that in the near future it will be accepted almost everywhere. In developed countries, it will definitely come to the forefront, pushing aside dollar and euro.

Household goods and furniture

Those who want to buy goods for houses and furniture, paying for them by cryptocurrency will be able to use this opportunity. It is enough to go to one of the listed platforms: Overstock, Home Depot.

The well-known Overstock corporation accepts several varieties of cryptocurrencies at once. The company has already managed to integrate the bitcoin icon into its payment interface. To make a purchase, all you have to do is select it, click on the appropriate symbol, and the purchase is made.

The cryptocurrency is also accepted by Home Depot, a large chain of shops specializing in the sale of home appliances, located in America.

The Flexa system makes it easy to place orders using bitcoins and payments go through without any problems whatsoever.

Sports Industry

In the sports industry cryptocurrency is also used. It can be used to buy tickets for matches. Mark Cuban, a well-known investor and owner of a basketball team, describes himself as a bitcoin fan. Anyone who comes to the stadium to watch a game can buy whatever they want with the cryptocurrency to pay for their tickets on the website.

The cryptocurrency is supported not only by the Mavericks team, but also the Miami Dolphins, they are campaigning for fans to buy food and tickets with litecoins. Lisbon’s Benfica, who have won the Portuguese Cup and are multiple champions, are taking a cue from their American comrades by also campaigning for cryptocurrency.

The benefits of cryptocurrency are more than enough, and if you want it, you can always find a marketplace where you can pay with it. Experts are actively working on speeding up transactions and reducing fees. Payment for goods and services in cryptocurrency provides transparency of transactions, the seller and the buyer can track their status and details. No one else has access to the transactions and a cryptocurrency account can be opened in minutes if desired.

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People buy crypto to increase their income. It is possible to view price charts and rate changes and analyse the growth of aninvestment on specialised exchanges.

Common ways to invest in crypto are:

• Buy and hold coins;
• investing in cryptocurrency companies;
• invest in crypto funds;
• become a cryptocurrency miner or validator – someone who validates transactions on the blockchain and gets paid for doing so.

But first, choose the currency you want to invest in.

Top cryptocurrencies in 2023:

1. Bitcoin is a very popular form of digital currency. Bitcoin uses blockchain technology to support peer-to-peer transactions between users in a decentralised system. The crypto was created by an anonymous developer under the pseudonym Satoshi Nakamoto in 2009. The author created the first bitcoin wallet and generated the first block. Initially, the value of one unit of currency was counted by energy expenditure. Only two years later, the currency became widely known and is already listed on financial exchanges on a par with the US dollar, the euro and the pound sterling. BTC is one of the most expensive currencies in the world, even more expensive than platinum, which is why it is chosen. In addition, bitcoin is one of the stable types of electronic currencies in the financial market and its role will only get stronger. All participants in transactions are completely anonymous, as there is no personal information (bank details and personal data of the parties) in the transactions.Quick payments can be made at any time of the day or night. Of course, there are also disadvantages: price volatility – the exchange rate fluctuates, there is minimal risk of hackers breaking into the system and crypto is not covered by investor protection insurance (SIPC).
2. Ethereum is a cryptocurrency and platform for creating decentralised online services based on smart contracts. The platform was launched in 2015 by developers Vitalik Buterin and Joe Lubin, founder of blockchain software company ConsesSys. ETH tokens are the second largest and most valuable cryptocurrency on the market. The cryptocurrency can be stored in an Ethereum e-wallet. The platform is decentralised, so users remain anonymous. Any changes to the network with private partners (sales, purchases, transactions) are only possible by full consensus of all parties, and if not, payments will not be possible. These changes protect users’ rights. However, if they forget their login details to the service, they will not be able to recover it, as it is not possible to show proof of ownership of the account.
3. Solana, a platform where more than 11.5 million accounts have been created, is remarkable for its speed! It processes up to 65,000 transactions per second, while other platforms only process around 30 or even less! Fast transactions with minimal fees, information security, anonymity and a decentralised system – the system is blockchain-based and offers the same guarantees as other cryptocurrencies. Solana was only founded in 2020 and is therefore not as widespread as its more well-known competitors, but it claims to be expanding its services in the market. The value of digital tokens depends on a number of factors: supply and demand in the market, asset prices, platform performance and more. For these reasons, there is volatility in the prices of SOL shares and e-currency. The service also charges a small fee for payments and the execution of smart contracts.
4. Binance coin launched in 2017 and is one of the largest crypto exchanges in the world in terms of daily trading volumes. Since its launch, the firm has attracted quite a few investors, including large enterprises. Buying a BNB coin is a very worthwhile investment, as according to expert analysis and predictions, the value of the digital currency will grow steadily and will be 25% more by 2025! Instead of the usual smart contract codes, there is a more simplified contracting and transaction process. These networks are protected by Binance’s own blockchain and a consensus mechanism for action confirmation (PoW).
5. Polkadot is a type of digital cryptocurrency that enables the creation of a modern asset through transactions between independent mining nodes and other instruments. The platform, launched in 2017, regularly introduces new technologies and updates. The system uses validators (computer nodes) for blockchain security. Polkadot provides scalability not only in a single chain, but also in parallel blockchains. In addition to tokens, assets, data and contracts can be transferred in the system for trading and business transactions. The DOT is expected to reach its maximum value in 2026. The exact value is currently published in the DOT’s online timeline. Newcomers will need to learn how to use the site’s e-wallet, but the security and assurance of the service is as good as any of its competitors.
6. Cardano is a platform created by Input Output Hong Kong and Charles Hoskinson, former co-founder of Ehterum, in 2017. The blockchain platform combines ground-breaking technology to provide unprecedented security and resilience for decentralised programmes. The company uses a unique prook-of-stake consensus mechanism – it is less costly than the prook-of-work algorithm, which is more commonly used in cryptocurrency. The service offers auxiliary features, such as transaction reduction and additional security measures. ADA is a long-term investment: an increase in demand for coins leads to an increase in the price of supply. However, long-term holders of cryptocurrencies are less likely to sell their coins in times of market volatility.

An investor should monitor trends to know which cryptocurrencies are best to buy in 2023. And don’t forget that cryptocurrencyprices are very volatile, so it’s important to study forecasts.

Investing in cryptocurrency means a future and confidence in tomorrow!

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Cryptocurrency, as we know it today, traces its roots back to the late 2000s. The groundbreaking concept of a decentralized digital currency was first introduced in a whitepaper titled “Bitcoin: A Peer-to-Peer Electronic Cash System” published in October 2008. The pseudonymous author behind this revolutionary paper was Satoshi Nakamoto, whose true identity remains unknown to this day.

Satoshi Nakamoto’s whitepaper outlined a vision for a peer-to-peer electronic cash system that would enable secure, direct transactions without the need for intermediaries such as banks or governments. The proposed currency, called Bitcoin, would be based on blockchain technology, a distributed ledger system that ensures transparency, security, and immutability.

The Rise of Cryptocurrency: From Niche Concept to Global Phenomenon

In the years following the publication of the Bitcoin whitepaper, cryptocurrency gradually gained recognition and acceptance. It began to attract the attention of technology enthusiasts, libertarians, and those skeptical of traditional financial systems. The release of the Bitcoin software in January 2009 marked the birth of the first cryptocurrency, and its adoption slowly started to gain traction.

Bitcoin’s initial users were mainly tech-savvy individuals and early adopters who were captivated by the concept of a decentralized currency. As word spread about the potential benefits of cryptocurrencies, the user base expanded. The launch of cryptocurrency exchanges facilitated the buying and selling of Bitcoin and other digital currencies, making them more accessible to the general public.

The watershed moment for cryptocurrency came in 2017 when Bitcoin experienced a massive price surge, reaching an all-time high of nearly $20,000 per Bitcoin. This meteoric rise caught the attention of mainstream media and investors, resulting in a significant influx of new participants in the cryptocurrency market. The ensuing “cryptocurrency craze” led to the emergence of numerous altcoins (alternative cryptocurrencies) and the proliferation of Initial Coin Offerings (ICOs), which allowed startups to raise funds through the issuance of their own digital tokens.

The Current Landscape: Where Cryptocurrency Finds Utility in Today’s World

Cryptocurrency has come a long way since its inception, and its utility has expanded beyond a speculative investment. While Bitcoin remains the most well-known and widely accepted cryptocurrency, numerous other digital currencies have emerged, each with its own unique features and purposes.

Today, cryptocurrencies find applications in various industries and sectors. Some retailers and online platforms accept cryptocurrencies as a form of payment, allowing customers to make purchases using their digital wallets. Major companies like Microsoft, AT&T, and Overstock.com have embraced cryptocurrency as a payment option, signaling a growing acceptance of this new form of money.

Moreover, the decentralized nature of cryptocurrency has made it an appealing tool for remittances and cross-border transactions. Traditional banking systems can be slow, expensive, and subject to regulatory constraints, whereas cryptocurrency enables faster and more cost-effective international transfers.

Blockchain technology, which underlies cryptocurrencies, has also found utility beyond the realm of finance. Its potential to provide transparent and secure record-keeping has led to its exploration in supply chain management, healthcare, voting systems, and more. Blockchain’s ability to establish trust and immutability has the potential to revolutionize various industries and streamline processes.

The Pros of Using Cryptocurrency: Exploring the Benefits

While cryptocurrency is not without its challenges and risks, it offers several advantages that contribute to its appeal:

• Decentralization and Security: Cryptocurrencies operate on decentralized networks, which means there is no single point of failure or control. Transactions are secured through cryptographic techniques, making them resistant to fraud and hacking.
• Financial Inclusion: Cryptocurrency has the potential to provide financial services to the unbanked and underbanked populations, as it does not require traditional banking infrastructure. Individuals in remote areas or countries with limited banking access can participate in the global economy.
• Fast and Low-Cost Transactions: Cryptocurrency transactions can be executed quickly, often within minutes, regardless of geographical boundaries. Additionally, transaction fees are generally lower compared to traditional payment methods.
• Privacy and Control: Cryptocurrency transactions offer a certain level of privacy, as users can choose to remain pseudonymous. Users have control over their funds without relying on intermediaries, reducing the risk of frozen accounts or limitations on access.
• Potential for Investment: Cryptocurrencies have demonstrated the potential for significant price appreciation, attracting investors seeking diversification and high returns. However, it’s important to note that the cryptocurrency market is highly volatile and speculative in nature.

In conclusion, cryptocurrency has evolved from a niche concept to a global phenomenon, driven by technological advancements, growing acceptance, and its unique features. While there are ongoing debates and challenges surrounding its regulation and scalability, the potential benefits of cryptocurrency, such as decentralization, security, and financial inclusion, cannot be overlooked. As cryptocurrencies continue to shape the future of finance and technology, it will be fascinating to see how they further integrate into our everyday lives and reshape traditional systems.

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Pioneering the Path: The First Online Casino to Embrace Cryptocurrency Payments

The integration of cryptocurrency into online casinos was a game-changer, allowing players to experience enhanced convenience, security, and privacy. The first online casino to introduce cryptocurrency as a payment method was Bitcasino.io, which launched in 2014. Bitcasino.io recognized the potential of digital currencies to improve the online gambling experience and set the stage for other online casinos to follow suit.

By accepting cryptocurrencies such as Bitcoin, Bitcasino.io offered players a seamless and anonymous way to deposit and withdraw funds. The decentralized nature of cryptocurrencies provided an added layer of security, giving players peace of mind when engaging in online gambling activities.

Playing with Crypto: A Step-by-Step Guide to Enjoying Online Casinos with Cryptocurrency

If you’re intrigued by the idea of using cryptocurrency to play at online casinos, here’s a step-by-step guide to get you started:

• Choose a Reputable Crypto-Friendly Online Casino: Research and select an online casino that supports cryptocurrency transactions. Look for reputable platforms with a wide selection of games, secure payment systems, and a strong track record of customer satisfaction.
• Create an Account: Sign up for an account on the chosen online casino platform. Provide the necessary details and complete the registration process. Some crypto-friendly casinos may allow you to create an account using only your email address, ensuring your privacy.
• Acquire Cryptocurrency: To play at an online casino https://casinozeus.pt with cryptocurrency, you’ll need to acquire the digital currency of your choice. Bitcoin (BTC) remains the most widely accepted and popular cryptocurrency, but some online casinos also accept other cryptocurrencies like Ethereum (ETH), Litecoin (LTC), and more. Purchase the desired cryptocurrency from a reputable exchange or through peer-to-peer transactions.
• Deposit Cryptocurrency: Once you have acquired your desired cryptocurrency, navigate to the deposit section of the online casino. Select the cryptocurrency you wish to use and generate a unique deposit address. Transfer the desired amount of cryptocurrency from your personal wallet to the provided deposit address.
• Start Playing: Once your deposit is confirmed, the funds will be credited to your online casino account, and you can start exploring the wide range of games available. From slots to table games, live dealer games, and more, the possibilities are endless.
• Withdraw Winnings: If luck is on your side and you accumulate winnings, you can withdraw them back to your cryptocurrency wallet. Navigate to the withdrawal section of the online casino, select the cryptocurrency and amount you wish to withdraw, and provide the required wallet address. Confirm the transaction, and your funds will be transferred to your personal wallet.

The Advantages of Using Cryptocurrency in Online Casinos: Unlocking the Benefits

The integration of cryptocurrency into online casinos offers several advantages for players:

• Enhanced Privacy and Security: Cryptocurrency transactions in online casinos provide a level of privacy and security that traditional payment methods cannot match. By utilizing blockchain technology, cryptocurrency transactions are encrypted and decentralized, ensuring the confidentiality of player information.
• Fast and Efficient Transactions: Cryptocurrency transactions are processed quickly and efficiently, eliminating the need for third-party intermediaries such as banks. Deposits and withdrawals can be completed within minutes, allowing players to access their funds promptly.
• Lower Transaction Fees: Cryptocurrency transactions typically involve lower fees compared to traditional payment methods. The absence of intermediaries reduces processing costs, resulting in more cost-effective transactions for players.
• Global Accessibility: Cryptocurrencies are not bound by geographical restrictions or regulatory limitations. Players from around the world can access online casinos that accept cryptocurrency, regardless of their location.
• Anonymity: Cryptocurrency transactions in online casinos offer a certain degree of anonymity. While the transactions themselves are recorded on the blockchain, the identities of the players can remain pseudonymous if desired.

In conclusion, the integration of cryptocurrency into online casinos has ushered in a new era of convenience, security, and privacy for players. With pioneers like Bitcasino.io leading the way, the adoption of cryptocurrencies in the online gambling industry has become more widespread. Whether you’re a fan of slots, table games, or live dealer experiences, playing at a crypto-friendly online casino opens up a world of possibilities. Embrace the advantages that cryptocurrencies bring and immerse yourself in the thrilling world of online casino gaming.

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The developers of this Blockchain project are Gavin Wood and Vitalik Buterin, it was them who first thought of creating not a copy of the Bitcoin cryptocurrency, but a unique platform for creating decentralized p2p applications, which uses the technology of “smart contracts”, which is a computer algorithm that performs a certain action only after the predetermined conditions of the transaction.

In Ethereum, any user who knows the Solidity programming language (analogous to JavaScript) is free to create their own decentralized tokenized platform of the ERC-20 standard and immediately launch it into the global network.

Transactions on the Ethereum platform take place using two coins – ETH and GAS. ETH is the main valuable asset for transmission between users, while GAS is a special intranet coin, which is necessarily used for a successful transaction. The larger the transaction and the faster it must be completed, the more GAS must be “burned”.

The system algorithm of Ethereum cryptocurrency is called Ethash (based on Proof-of-Work technology). This asset can be mined using special mining equipment, the issue of Ethereum – is not limited, at the time of writing the article has already produced more than 100 million coins.

In the near future, the developers plan to switch to a special Casper algorithm (based on Proof-of-Stake), which will help improve network bandwidth and security.

Depositing Ethereum account on Cryptex.net

To make a deposit of Ethereum cryptocurrency on Cryptex.net exchange, please go to the main page of the site to the “Balance” section, after that the system will transfer you to your personal cabinet, where there will be an information block labeled “Other cryptocurrencies”. Using the “Select a currency” function, find the “Ethereum” coin ticker in the list that appears (3rd position from the top). If you have done everything correctly, a new block with the corresponding name “ETH” will appear in front of you, and at the bottom there are two buttons “Deposit” and “Withdraw”.

Press “Deposit”, the exchange system will generate a unique ETH address for you, which you will need to use to fund your deposit. To simplify the task of copying the e-mail address of ETH, and not to make a mistake, use the “Copy” button (the address will be automatically copied to the clipboard of your PC).

Perform the transfer to the specified address given by the exchange. Some time after the transfer you will be able to see full information about your account replenishment in the “Deposits” section.

Withdrawing Ethereum cryptocurrency from the exchange

In order to withdraw ETH digital coin from Cryptex.net to a third-party account, go to “Balance” section on the main page of the exchange, open “Other Cryptocurrencies” block, select “ETH” in the drop-down list and click “Withdraw” button. Just below, you will see two boxes “Address” and “Amount to withdraw” of Ethereum cryptocurrency.

• In the “Address” line, use the ETH address to which you would like to withdraw funds from the exchange.
• In the “Withdrawal Amount” section specify the necessary amount of funds in ETH equivalent that you want to transfer from your personal Cryptex.net account.

After filling necessary fields correctly, pay attention to the fee that will have to be paid for the cryptocurrency transfer. The commission of the exchange for Ethereum withdrawal is fixed – 0.01 ETH per transaction, the withdrawal limit is not limited.

More details about all Cryptex.net transaction, deposit and withdrawal fees can be found in the “Fees” section.

If you agree with all terms of transfer, click “Withdraw”. The system will start forming a transaction to send Ethereum cryptocurrency from the exchange. After successful completion of the transaction the detailed history of withdrawals from Cryptex.net can be found in the “Withdrawals” section.

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Monero was developed in 2014 as a fork (offshoot) of Bytecoin currency. It is known that the creators of cryptocurrency XMR are seven people, only two of them are known to the cryptocommunity – Francisco Cabañas and Riccardo Spagna, the rest decided to remain anonymous (pseudonyms – Smooth, Tacotime, Othe, Luigi1111 and NoodleDoodle).

In the Monero network each user is given two keys – “to spend” and “to view”. The first one is needed to conduct transactions, the second one is used to review the balance.

The system of work of cryptocurrency is based on CryptoNote protocol, due to it XMR has the increased anonymity. The peculiarity of CryptoNote is in the use of circular signatures, which allow to keep histories, transfer amounts and identities of users using the Monero platform anonymous.

The special XMR algorithm was developed by Daniel Bernstein and is called EdDSA. EdDSA is a unique development that mixes together all of the network’s transactions in a passive mode through complex mathematical combinations. Once the process is complete, it is impossible to determine who owned a particular transaction.

Users’ balances are hidden through one-time addresses generated randomly and are not fixed in any way. The amounts of transfers remain anonymous due to RingCT technology. Together, these three developments form the most anonymous cryptocurrency today.

The issue of Monero digital coin is unlimited, at the time of writing more than 16.93 million XMR have been issued.

Withdrawing Monero cryptocurrency from an exchange

To withdraw XMR from Cryptex.net exchange, also go to “Balance” section, find “Other Cryptocurrencies” block, activate “XMR” ticker and in the new appeared block click “Withdraw” button. After that, you will see two windows at the bottom of the screen: “Address” and “Amount to withdraw”.

• In the “Address” line, enter the XMR address to which you want to withdraw the cryptocurrency from the exchange.
• In the “Amount to withdraw” window specify the amount of XMR which will be deducted from your personal Cryptex.net account.

Just below read about exchange commission for Monero cryptocurrency withdrawal. The commission for XMR transaction is fixed, 0,001 XMR per transaction, the withdrawal limit is not limited. You can find more details about all Cryptex.net transaction, deposit and withdrawal fees in “Commissions” section.

If you agree with all conditions, click “Withdraw” button. The exchange platform will start processing the transaction to send Monero cryptocurrency. Soon after, the funds will be deducted from your account and transferred to the XMR address you specified earlier. All detailed information about withdrawal can be found in the “Withdrawals” section.

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Litecoin network was successfully launched on October 13, 2011. The developer of LTC coin is a very famous personality in the crypto-world – Charlie Lee. Charlie Lee, fascinated by modern digital technology, dreamed of creating his own lightweight version of Bitcoin cryptocurrency, which would be much faster and require lower fees.

Litecoin is known to be the second fork of Bitcoin, built on the Blockchain code of its original. Transactions in LTC are verified by the Scrypt algorithm, which, unlike SHA-256, requires less computing power to maintain the network, while not allowing ASIC chips to gain a significant advantage in the network. Transactions on the Litecoin platform are verified by the robust Proof-of-Work consensus algorithm, which requires a lot of computing power to operate.

LTC got its resounding nickname “digital silver” for its more advanced Blockchain system than Bitcoin, which allows for almost instant transactions at very low network fees. Here, a single financial transaction is 5 times faster than on the BTC platform (about 2.5 minutes), and the low fee makes it possible to make even microtransactions.

Litecoin issuance is also different from the original. A total of 84 million coins will be created in this system. At the time of writing, more than 61.47 million LTC have been mined.

Deposit Litecoin at Cryptex.net

In order to deposit Litecoin cryptocurrency on Cryptex.net exchange, go to the “Balance” section, which is located on the home page of the site.

You will get to your personal cabinet, where several blocks with the names of cryptocurrencies will be listed. Find the “Other cryptocurrencies” block and click “Choose currency”. A list of coins will appear in front of you, select “LTC” (4th position from the bottom). If you did everything correctly, now instead of the “Other Cryptocurrencies” block a new window will appear with the appropriate name “LTC” and at the bottom two buttons “Deposit” and “Withdraw”.

Use “Deposit” function, exchange system will generate a unique LTC address for you, which you will be able to use to deposit to your personal account. To avoid having to type the LTC email address manually, use “Copy” (the address will be copied to your PC’s clipboard automatically).

Final step execute transfer to specified address given by Cryptex.net trading platform. After a while the funds will come to exchanger’s account and your balance will become LTC positive. After that you will be able to see all information about deposit in “Deposits” section.

Besides the standard input via Blockchain, Cryptex exchange gives its users an opportunity to deposit Cryptex code to their account, instantly and without commission.

Withdrawal of Litecoin cryptocurrency from the exchange

In order to withdraw LTC asset from Cryptex.net to a third-party account, go to “Balance” section on the exchange main page, open “Other Cryptocurrencies” block, select “LTC” ticker in the list, click “Withdraw” button in the new Litecoin cryptocurrency block that appears. After that two windows “Address” and “Amount to withdraw” will appear just below.

• In the “Address” field, type in the numeric LTC address you want to withdraw funds from the exchange.
• In the “Withdrawal Amount” field specify the necessary amount of Litecoin cryptocurrency that you want to withdraw from your personal Cryptex.net account.

Under the line “Amount to withdraw” pay attention to the fee that will have to be paid for the cryptocurrency transfer. The commission of Cryptex.net for the withdrawal of Litecoin is fixed at 0.001 LTC per transaction and the withdrawal limit is not limited.

You can find more details about all Cryptex.net transaction, deposit and withdrawal commissions in the “Commissions” section.

After making sure that the data you entered is correct, click on the “Withdraw” button. The exchange system will start forming a transaction to send Litecoin cryptocurrency to the account you specified earlier. After successful completion of the transaction the detailed history of withdrawals from Cryptex.net can be found in the “Withdrawals” section.

As in the case with the deposit, you can withdraw funds from the account using the Cryptex code and then transfer it to the addressee for activation on cryptex.net.

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The cryptocurrency Tether, which has a ticker symbol USDT, is a low-latency token ranked in the top 10 on the Blockchain market, which is currently being released on the Ethereum platform.

This digital currency was launched in 2015 by Starbucks vice president Stanley Hainsworth under the name “Real Coin. At that time, the asset was developed using the Bitcoin system code based on the “Omni Layer” protocol, some time later the creators of the cryptocurrency decided to switch to the more flexible and modern project to create decentralized p2p applications Ethereum Foundation, and also rename their own coin to “Tether”.

The main feature of the Tether token is the formation of a kind of stable hybrid of fiat and electronic currencies, backed by real money and having reduced volatility. This cryptocurrency works on the principle of “Proof-of-Reserve” algorithm, which confirms that each USDT coin is backed by real money.

The main currencies supported by Tether Limited – USD and EURO (in the future it is also planned to release assets backed by the Japanese yen JPYT). Here, each e-coin USDT is equal in value to one fiat currency. Based on this, the developers of Tether provided the Blockchain market with a unique cryptocurrency that is fully backed by cash reserves and has a stable rate. This type of digital currencies are called “stabelcoins.

The issue of Tether cryptocurrency is not limited by the system code, the developers create new coins in their system based on the market demand. Mining in this system is impossible.

At the time of writing, more than 2.75 billion USDT have already been issued, and the number of tokens will only grow in the future.

Depositing a Tether account on the Cryptex.net site

To replenish your personal account on the Cryptex.net exchange in the form of Tether cryptocurrency, you need to go to the “Balance” section on the main page of the site, go to the information block labeled “Other cryptocurrencies” and, using the “Select currency” function, find and select “USDT” at the bottom of the list. After that, you will see a block with the corresponding Tether coin.

Press the “Enter” button in this window, the system will generate a unique USDT address for you, which you can use to deposit your personal balance. To simplify the task of copying your USDT address and make sure you don’t make a mistake, use the “Copy” button.

Besides the standard input through Blockchain, Cryptex cryptocurrency exchange gives its users an opportunity to deposit Cryptex code to their account, instantly and without commission. More details about Cryptex code are described here.

In some time after the funds transfer you will be able to see the full information about the deposit in the section “Deposits”.

Withdrawal of Tether cryptocurrency from the exchange

In order to withdraw USDT asset from Cryptex.net trading platform, you need to go to “Balance” section on the main page of the exchange, find “Other cryptocurrencies” block, select “USDT” in the drop-down window and click “Withdraw” button. After that, two windows “Address” and “Amount to withdraw” in the equivalent of USDT will appear just below.

• In the “Address” field enter the USDT address, to which you would like to withdraw funds from the exchange.
• In the “Amount to withdraw” section specify the necessary amount of Tether cryptocurrency, which will be deducted from your personal account of Cryptex.net trading platform.

After filling necessary details pay attention to the commission fee. Exchange commission for a Tether transaction is fixed – 10 USDT per transaction, withdrawal limit is not limited. More details about all Cryptex.net transaction, deposit and withdrawal fees can be found in the “Fees” section.

Like in the case of deposit you can withdraw funds from your account using Cryptex code and then transfer it to the addressee for activation on cryptex.net.

If you agree with all conditions then press “Withdraw” button. After you meet all the requirements for the transfer, the system will start processing the transaction of sending Tether cryptocurrency from your exchange account. You can find detailed information about withdrawals in the “Withdrawals” section.

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Tron is a blockchain platform designed for electronic entertainment – games and content stored in a decentralized form. The original idea was to remove intermediaries such as Steam, Google Play, and the Apple Store, to allow game and entertainment content creators to get money directly from users, and thereby “cure the Internet.

The main features of the project:

• Data beyond anyone’s control.
• An ecosystem that allows you to earn money by creating and distributing content.
• A sort of mini-ICO that allows anyone to distribute their content to subscribers.
• An infrastructure for sharing digital assets in games.

Tron was founded in September 2017 by the Tron Foundation, a nonprofit organization. It is led by Justin Sun, a Chinese entrepreneur and very good marketer who made the Forbes Asia list in the “under 30” category. He is considered a disciple of Jack Ma, the founder of Alibaba, and boasts the creation of Peiwo APP, a Snapchat analog with 10 million users. Also in the development team are many former employees of Alibaba and Tencent, the project is supported by a huge number of Chinese business angels.

The whole development of Tron from the very beginning was divided into 6 stages:

• Exodus. A platform for distributing data and content between users. There is essentially no blockchain at this stage, it’s something close to IPFS data storage technology.
• Odyssey. Introduction of economic incentives for content creation and promotion. At this stage some kind of payment and system close to Proof-of-Stake will already be available. We are at that stage now, the mainnet was launched on May 31, 2018.
• Great Voyage. Adding the ability to conduct individual ICOs. At this and the next stage, Tron should come close in capability to Etherium. On the other hand, the developers themselves admit that the network may then face the same congestion.
• Apollo. Adding the ability to issue its own TRON 20 tokens for content creators. There is one problem – the developers do not explain how they intend to cope with Sibylla attacks, creating numerous accounts in the blockchain to attack other users.
• Star Trek. Creating a prediction platform similar to Augur and creating a decentralized gaming platform.
• Eternity. Development and monetization for all content creators. In the end, Tron should represent something between Etherium and IPFS data distribution technology. This phase should be completed by the end of 2025.

As we can see, the plans are quite extensive and long-term. The project is swinging into a trillion-dollar industry. What’s been done now? There are already some games, the list is small, but there are not only gambling games like on EOS, but also small strategies and RPGs. Testnet was launched ahead of schedule, mainnet on time. The transaction rate was 10,000 transactions per second on testnet, but now it is 2,000 transactions per second.

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