Cryptocurrency Exchanges demand up to $3 million to list ICO tokens

Cryptocurrency exchanges are sitting in the “pound seats” so to say as they are now charging huge listing fees to ICO’s. According to a report by Bitcoin.com and Autonomous,  to list an ICO on well-known cryptocurrency exchanges can cost anywhere between $1 – $3 million.  With these astronomical listing fees, ICO’s could be over funding their projects just to cover these costs.   Interestingly to note, the fee on the Nasdaq Capital Market for a listing of up to 15 million shares costs $55,000, substantially lower than the charges touted…

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CryptoBridge and the Future of Digital Asset Trading

Follow my blog with Bloglovin Most of trading and interest the worldwide groundswell of interest in digital currency over the past year has been funneled through major exchanges like Coinbase, Gemini, and Kraken. These centralized exchanges have brought billions of dollars of value to blockchain projects and digital currencies. The growth has been exponential — over 3400% in 2017 alone and there are hundreds of them starting up everywhere.     However, these centralized exchanges are subject to hacking and a host of other problems regarding security and user privacy.…

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How to find the best Bitcoin Trading Platform or Exchange

Exchanges are often in the news, either due to listing of new crypto / ICO token; customer service issues or loss of crypto due to hacking.     There have been numerous exchange hacks in the lifetime of Bitcoin with the most famous one being Tokyo based Mt.Gox where approximately 850,000 bitcoins belonging to customers and the company were missing and likely stolen from their hot wallet.  Hot wallets are connected to the internet and as a result, vulnerable to hacking. This was an amount valued at more than $450…

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SwapFox introduces OTC Trading Desk for EOT

OTC, known as Over-The-Counter, is where cryptocurrency is traded through a dealer peer to peer network rather than through a centralized, formal exchanges such as, Coinbase, Gemini, Huobi, Binance; or even decentralised exchanges such as Waves, Tidex and CryptoBridge.  OTC trading has no physical location and all trading is done electronically.         SwapFox offers the services of an Over The Counter (OTC) Trading Desk for open source cryptocurrency and encryption coin, EOT. Through the SwapFox trading desk, traders and investors will be able to access digital currency…

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What was the First Product to be Bought with EOT?

Cryptocurrency is becoming more popular as a peer to peer payment system and there is no doubt that adoption will increase over time.   The utility cryptocurrency, EOT, recorded the first sale in December 2017.       How does a payment work – A transfer of funds between two digital wallets is called a transaction and this transaction is submitted to a public ledger called the blockchain where it awaits confirmation.  When a transaction is made, wallets use an encrypted electronic signature to provide a mathematical proof that the transaction is…

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CryptoBridge review – Trade EOT and Popular Altcoins

CryptoBridge is a decentralized exchange (DEX) in the hands of BridgeCoin owners.  BridgeCoin is a scrypt-compatible coin that was created in July 2017 in order to finance the development of the decentralized exchange. You can start using the decentralized exchange now at https://wallet.crypto-bridge.org/     The difference between Centralized and Decentralized   With a centralized exchange, the exchange holds the private keys to your assets, and therefore you are at risk from anything that happens to the exchange. Look at what happened with Mt. Gox, for example, where it was hacked…

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