The moment someone mentions cryptocurrency, the first thing that comes to our mind is Bitcoins! But did you know other cryptocurrencies are gaining fast popularity, and are being used worldwide for trading? One such cryptocurrency is Dash, which is now considered one of the top growing cryptocurrencies.
Presenting you 10 very interesting facts about Dash, that you probably didn’t know and something that can also be the guiding force for you to buy Dash in India.
Fact 1: Dash was originally called “Xcoin (XCO)” when it was released by Evan Duffield first in the year 2014 on January 18th. Soon after, it was renamed to “Darkcoin” which later changed to “Dash” in the year 2015 on March 25th. The name Dash is a combination of two important words of the crypto world “Digital” and “Cash”.
Fact 2: Dash is also built on the renowned blockchain technology that even Bitcoin uses. Dash was released to counter the incompetence of BTC, using significantly improved technology, to provide the people trading with Bitcoins with a better solution. Since it shares the same codebase as Bitcoin, it remains compatible with all merchants, wallets, and even crypto exchanges that were written exclusively for Bitcoins. Just like Bitcoin, Dash can also be used for receiving and sending payments but in a quicker fashion.
Fact 3: The unique model involving ‘Masternodes, PrivateSend, and InstaSend makes Dash more private with higher transaction speed when compared to Bitcoins. The PrivateSend service of Dash is what adds the privacy feature to Dash so that it can’t be back-traced and even the identity of the user can be masked without revealing it to others.
Fact 4: One of the most successful services of Dash is InstaSend, which makes it highly scalable and adaptable. Unlike Bitcoins, the normal Dash transactions go through in just 2.5 seconds, and InstaSend gets through almost immediately! There is an extra cost involved in availing of this service, however, it is worth it.
Fact 5: Unlike Bitcoin, where 100% of the reward goes to the miners, of the total network’s block rewards, 45% goes to the miners for security, another 45% goes to the masternodes for high-level functioning of the InstaSend and PrivateSend and the remaining 10% goes back to Dash. The accumulated funds are used to make further improvements and growth of Dash crypto. This substantiates that Dash is self-funding crypto, that has the ability to keep evolving and enhancing. Even with 45% of the block reward being sent to the miners, mining Dash is still highly profitable and they make significant gains through it.
Fact 6: Dash follows a self-governing, democratic protocol, this means when a participant puts up their proposal on the usage of the funds, all the other participants review the proposal and cast their vote supporting it or rejecting it. Based on the majority the implementation decision is taken.
Fact 7: Dash employs one of the most powerful, strong, and secure crypto algorithms called X11 designed based on hashing functions. Since it is more secure than Bitcoins, Dash is aiming to become a cryptocurrency that can be used for daily transactions. Keeping this vision in mind, Dash expanded its venture into economically distressed country Venezuela, thus becoming the first crypto to enter the country.
Fact 8: Dash can be easily purchased through crypto exchanges in India when compared to many other lesser-known cryptocurrencies present out there. All you need to do is to register with a reliable exchange platform like Coinswitch Kuber, complete your KYC and you are all set to buy, sell and trade Dash crypto.
Fact 9: As of 2021, more than 10.18 million Dash coins remain in circulation, making it one among the most steadily growing crypto in 2021. Dash has seen a maximum supply of 18.9 million Dash coins. It is undeniably on the list of the top 10 cryptocurrencies that are giving stiff competition to Bitcoin.
Fact 10: Before you invest in Dash it’s important to know that it is an open-source platform, which means that anyone can see through its code.
Dash can also be bought directly from P2P trade (peer-to-peer trade), also through a decentralized exchange (DEX), or even directly for a person who holds this digital currency. If you are a novice in crypto trading, we recommend that you use standard exchange platforms because it’s a simplified and trustworthy route.
The most thrilling online bitcoin leverage trading
Today, BTCC is considered an irresistible online platform essentially for bitcoin leverage trading in the global market. However, this website has also rendered effective know-how on the trading of bitcoin futures for its elite users.
The futures contracts are basically the derivative types whose values are procured from an underlying asset. This underlying asset can be a bond, a stock, or even a commodity. Nonetheless, in the case of bitcoin leverage trading or any other cryptocurrency futures contracts, the underlying asset is a crypto asset, viz. Bitcoin or BTC.
The facts about bitcoin leverage trading in BTCC
In BTCC unlike purchasing a bitcoin or BTC directly from a spot market, a bitcoin futures contract is traded on leverage. Herein, the bitcoin leverage trading will give an elite member a high purchasing power and subsequently a substantial profit by borrowing money as high as 150x from the viable online exchanges.
In bitcoin leverage trading, BTCC delivers different kinds of contracts. These cover the daily, weekly and perpetual contracts essentially for the derivative trading of bitcoin. As the name suggests, the daily, weekly, and perpetual contracts can be maintained for one day, one week and with no time limitations whatsoever, respectively, since in perpetual bitcoin trading, a user can keep it as long as he or she optimally fulfills the margin needs.
The vital procedure of bitcoin leverage trading in BTCC
In BTCC, bitcoin leverage trading pertains to buying or selling of bitcoin futures that can be carried out in a few steps. This specifically includes the trading of bitcoin weekly, or perpetual contracts which can be done by visiting the BTCC website, clicking on the trading platform directing a user to a secure trading platform.
A member has to preferably switch between the weekly and perpetual bitcoin contracts. Here a user has to click on the drop-down button of the market watch and set the bitcoin leverage trading that is the BTC weekly futures by default and then navigate to the bitcoin perpetual contract. Now, under perpetual contract, a user has to click on BTC/USD to set the main chart window to the perpetual futures contract of bitcoin.
Selection of orders, leverages, and lot sizes in bitcoin leverage trading
In bitcoin leverage trading, the orders include the instant market orders and pending orders of limit and stop-order, respectively. The main difference between pending orders is that they will only activate as live orders when the price of market reaches the pending price level and if they are not activated then they get deleted. Their validity period varies from one day to one week.
In limit orders a member expects the bitcoin price to bounce off from his or her established price level and stop orders are those that traders place when they feel that the bitcoin price will break through the established threshold price and continue in the same direction. Choice of leverage in bitcoin trading varies from 5x to 100x of the user’s capital and lot size selection also differs in regular BTC weekly and perpetual futures. For more information click https://www.btcc.com/.
Know the superlative manners to invest in REITs
REITs are a long-term solution for all investors looking for dividend income and evolution. REITs – Real Estate Investment Trusts – had turned in annual returns of up to 9.8 percent by January 2022, on completion of 10 years. This compares well to the average return of 10 percent over market time. REITs are known for their passionate dividends, providing investors with stability at a tough time in the cash income market. The REIT market offers you the highest returns. The payments made by it make them popular, especially for those who are old investors in it. If you are interested in bitcoin trading check the bitcoin and the future of digital payments.
In this article, we have explained some ways to invest in REITs, how to make money from them as well as what are their advantages and disadvantages.
Some Ways to Invest in REITs
We show you 3 ways to easily enter the REIT game. For some of which you will need a brokerage account.
This is the one through which you can hold ground: If you’re going about doing your business publicly, it’ll be like companies, and it’s registered with the SEC. Note that this is like a private REIT, and it does not trade on major exchanges. Because it is registered, quarterly and year-end filings are made available to the REIT. REITs are also called public unlisted.
Risks: REITs may charge you management fees, and like private REITs, are managed externally, with potential conflicts of interest in the investment. Non-commercial REITs are seen to be more liquid when compared to private REITs and non-commercial REITs. If you ever need it abruptly, you will seek it rugged to get the money back.
REIT Preferred Stock
REITs are an unusual type of stock, performing more functions if a stock is compared to a bond. This stock is like a bond, with preferred stock paying regular cash dividends and having a fixed par value that is redeemable. Like bonds, most preferred stocks tend to move with interest rates. Preferred stock for its cash dividends does not share profits with the company, which means it is unlikely to exceed the price at which it is issued. The dividend value likely accounts for the annual return for the investor, that is, unless the preferred stock was purchased at a discount to the par value. Considered the exact opposite of a REIT, because the stock tends to appreciate over time.
Risk: Preferred stock is seen to be much less volatile than common stock, meaning that the price can be similar to that of common stock. Preferred stock has been shown to rise significantly with interest rates, which can cause losses to preferred stock. Preferred stock is placed above all other stocks in the capital structure, which means that the dividend is the first to receive dividends from the stock. but only if interest is received in respect of the company’s bonds.
There are many other distinct features of REITs, private REITs never trade on the same exchange and are not registered with the US Exchange Commission and the Securities and Exchange Commission, which is because it is not registered, so it requires a high level of information for investors. Not required as much as any public company would do. Private REITs are sold only to institutional investors.
Risk: Private REITs are fairly liquid, which means it’s hard to access your money whenever you need it. Second, it is not registered, as well as the need for a policy associated with corporate governance for private REITs. That is, management can do certain things with the team without showing conflicts of interest and showing up to an oversight.
How to sell BTC And Convert BTC to Other Currency
If you have bought bitcoin a while back and are looking to sell bitcoin to make more profit, there are 4 different ways to sell your crypto tokens. If you are interested in bitcoin trading, visit site to acquire an utter guide to crypto trading.
Here are 4 Easy Ways how to sell Bitcoin (BTC)
1. Bitcoin ATMs
Although there are over 50,544 bitcoin ATMs in the US, not all ATMs are two-way. To sell cryptocurrency through a bitcoin ATM, you must first remain anonymous and not register with any cryptocurrency exchange.
In the US, bitcoin ATM vendors such as LocalCoin and Instacoin are spread everywhere. To sell cryptocurrency, go to your nearest ATM, and enter the amount of bitcoin at that ATM, and then you need to transfer the bitcoin to the ATM’s bitcoin address. You need to get instant cash for your bitcoins. Most daily sales limits vary greatly from the seller to seller.
2. Online exchanges
If you have bought bitcoins on a cryptocurrency exchange, and are thinking of selling them, here is the easiest and most convenient way.
Has Been Described Below:
You can easily transfer your crypto wallet to Coinsquare wallet address and also choose the instant trade choice. Click on the ‘Sell BTC’ button and then select the fiat currency you wish to trade bitcoins with and then enter the number of bitcoins you wish to sell and proceed. The sale is almost complete after which click on the ‘Withdraw’ option and proceed to withdraw your funds.
On Coinberry you can buy bitcoin as well as other cryptocurrencies, the process of selling bitcoins at Coinberry is very simple. After transferring the bitcoins to the Coinberry wallet address, click on the Buy/Sell option at the top of the screen. once you click Enter the number of bitcoins you wish to sell and then click on the ‘Preview Order’ button. Click on the ‘Sell Now’ button to complete the transaction immediately. You can withdraw cash to your bank account by clicking on the Withdrawal option given at the top of the screen.
Kraken is advised to be one of the largest Euro-denominated crypto exchanges based in the US, it was recognized in the year 2011. It is considered suitable for both beginner traders and advanced traders as well as being able to provide a lot of liquidity to the users considering its wide user base. It supports Bitcoin Cash, Dash, Litecoin, BTC, ETH, EOS, and many other popular cryptos. It has low withdrawal and coinsurance fees, plus it supports the Canadian dollar. It is a fairly easy process for Canadian residents to cash crypto into banks.
3. Over-the-counter (OTC) solutions
To sell cryptocurrency over OTC, go to the OTC bitcoin desk, select a valid OTC bitcoin trading platform, and then fund your OTC account with bitcoin. If you are looking to sell bitcoins worth more than C $25k, then OTC trading could be a good option for you. To get the live quote you need to negotiate the price, contact the broker and allow the broker to trade. Once the trade is executed you will receive the money in your bank account. Alternatively, crypto tokens can be sold in traditional markets such as Kijiji and Craigslist. First, you have to post an ad, and then meet in person with the buyer, and receive cash from that person after sending bitcoins to their wallet address.
It is very easy to sell cryptocurrencies on any exchange. Even if you have a bitcoin ATM and don’t want to register with any exchange, you can easily sell bitcoin tokens with bitcoin ATMs.
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