Category Archive Crypto Press Release

Online casinos have come a long way from their humble beginnings. If you’ve ever played a game of blackjack or spun a virtual slot machine, you know that it’s not just about luck anymore—it’s about software. Yes, you read that right. The tech behind the scenes is what makes the whole experience work. In fact, without it, the modern casino world as we know it wouldn’t exist. So, let’s dive into why online gambling software is absolutely essential to today’s online casino experience!

1. The Shift from Physical to Online Casinos

Once upon a time, if you wanted to gamble, you had to put on your best “I’m in Vegas” face and head to a physical casino. But as the internet became a thing, the whole gambling world shifted online. In 2020, the global online gambling market was worth around $59 billion and it’s expected to reach $127 billion by 2027. That’s insane, right?

The key to this success? Online gambling software. It’s the engine that powers everything, from game development to transactions, to ensuring everything is fair. Without it, online casinos would be, well, just a bunch of static webpages with no games to play.

2. Enhancing User Experience with Cutting-Edge Software

Okay, picture this: You’re sitting at home in your pajamas, sipping on coffee, ready to try your luck at the roulette table. You fire up your favorite casino app, and BAM—you’re greeted with stunning graphics, smooth gameplay, and a seamless experience on your phone. All of that is thanks to top-tier software.

Modern online gambling software doesn’t just make games functional; it makes them fun. We’re talking crisp graphics, immersive sound effects, and smooth animations that make you feel like you’re right there in a real casino. Plus, it’s mobile-optimized, so you can play on your phone while waiting for your coffee to brew.

And let’s not forget personalization. Many platforms use software to suggest games based on your preferences, so you’re not just playing random stuff—you’re playing what you like. It’s like having a personal casino assistant!

3. Security and Fairness: Ensuring Player Trust

Now, here’s the thing: when money’s involved, you want to make sure things are legit. This is where security and fairness come into play. The last thing you want is for your winnings to vanish into thin air, or worse, to have your personal details hacked. In 2023, online gambling fraud was estimated to cost the industry $5.8 billion globally, which is why security is a top priority for both operators and players.

Good online gambling software uses encryption to protect your data and secure payment systems to ensure transactions are safe. This is why many online casinos adopt SSL (Secure Socket Layer) encryption to keep your financial transactions and personal details protected from cyber threats. For example, Bodog, one of the most well-known online gambling brands, has long been recognized for its commitment to secure payment systems and safeguarding player information.

On top of that, it ensures the games are fair through Random Number Generators (RNGs). These little algorithms are the reason why you can trust that when you hit the jackpot, it’s not a glitch, but pure luck! RNGs are tested and certified by independent bodies like eCOGRA, which certifies that the outcomes are random and unbiased. These certifications are essential for maintaining credibility. In fact, the UK Gambling Commission and Malta Gaming Authority require online casinos to meet strict fairness standards and undergo regular audits to prove their compliance.

In fact, many online casinos, including Bodog, go a step further by getting certifications from industry watchdogs like eCOGRA or GLI (Gaming Laboratories International), which test the software to make sure everything’s above board. This level of transparency builds player confidence, with over 70% of players saying they trust casinos more when they know the software is certified and regularly tested for fairness.

4. Game Variety and Innovation Powered by Software

Back in the day, casinos had to rely on physical space to house games. But online casinos? They’re only limited by the creativity of their software developers. You can get everything from slots and blackjack to live poker and virtual sports—all at your fingertips.

In fact, NetEnt and Microgaming, two of the biggest software providers, have released some of the most iconic casino games like Starburst (one of the most popular slots in the world) and Mega Moolah, the slot that created millionaires with its progressive jackpots.

And it doesn’t stop there. Online gambling software is always evolving. We’re seeing games with more immersive mechanics, like 3D slots and interactive storylines. It’s like stepping into a whole new world every time you click play.

5. Payment Systems and Blockchain Integration

One of the best parts about online casinos is that they’re fast, convenient, and, thanks to cutting-edge software, secure. Modern online gambling software supports a wide variety of payment options. You can use credit cards, e-wallets (like PayPal or Neteller), and even cryptocurrencies like Bitcoin to deposit and withdraw your winnings.

In fact, BetChain, an online casino, was one of the first to fully embrace blockchain technology and cryptocurrency transactions. This not only speeds up the whole process but also adds an extra layer of transparency and security.

6. Data Analytics and Player Engagement

Ever wonder how online casinos know exactly what games you like to play or which bonuses to offer you? It’s all down to the software. Modern gambling software is packed with data analytics tools that track your behavior, preferences, and even how much you’ve spent.

This data helps casinos make the experience better for you. For example, they can offer personalized bonuses, rewards, and even suggest new games based on your playstyle. It’s like having your very own VIP treatment, but at your fingertips.

7. Scalability and Flexibility in Online Gambling Software

So, let’s say you launch your own online casino and it’s a huge success. But what happens if you suddenly get thousands of new players? Scalable software can handle that growth without breaking a sweat. In fact, the global online gambling market, which was valued at around $59 billion in 2020, is projected to grow to $127 billion by 2027. With such rapid growth, scalability becomes essential for any online casino looking to stay competitive.

This is where partnering with a reliable online gambling software provider becomes crucial. A good provider offers cloud-based platforms that can easily accommodate a growing number of players, games, and payment transactions without causing any downtime or lag. For example, when PokerStars saw its player base explode to over 100 million users globally, it relied on flexible software solutions that could handle the surge in traffic without any interruptions.

Plus, they’re flexible enough to support multiple languages and jurisdictions, which is super important if you’re thinking of going global. Bet365, one of the world’s largest online gambling platforms, operates in over 200 markets and supports 20+ languages, all thanks to scalable and adaptable software. This kind of flexibility allows online casinos to cater to diverse player bases around the world, adapting quickly to new markets and regulatory requirements as they emerge.

The best providers ensure your platform is ready to scale up smoothly and handle the increased demand, so you can focus on growing your business while they handle the technical side of things. With such rapid growth projected for the industry, investing in scalable software is a no-brainer for any online casino operator.

8. The Role of Software in Responsible Gambling

While gambling is fun, it can also be addictive. But online gambling software is taking steps to promote responsible gambling. Many platforms include self-exclusion tools, deposit limits, and reality checks to help players manage their gambling habits.

Software also integrates with support services like Gambling Therapy and GamCare, offering players resources and help if they feel like they’re losing control. It’s all about keeping the experience safe and enjoyable for everyone.

9. The Future of Online Gambling Software

Looking ahead, the future of online gambling software is exciting—Virtual Reality (VR) and Augmented Reality (AR) are making their way into the casino world. Imagine putting on a VR headset and walking around a digital casino like you would in a real one. Sounds awesome, right?

Plus, with the rise of artificial intelligence (AI), we’re likely to see even more personalized experiences, where your software knows exactly what you want to play next, and maybe even offers you bonuses just for logging in. The possibilities are endless!

Conclusion

So there you have it—online gambling software is the backbone of the entire casino experience. From enhancing gameplay and ensuring security to offering new innovations and handling payments, the tech behind online casinos is what keeps everything running smoothly. And with future advancements like VR and AI, we’re only scratching the surface of what’s possible.

Next time you hit spin on your favorite slot or place a bet on blackjack, take a moment to appreciate the incredible software making it all happen. After all, without it, online casinos wouldn’t be nearly as exciting (or safe!) as they are today.

In the enigmatic world of cryptocurrencies, where market fluctuations can alter the fate of investors in a split second, traders seek opportunities to challenge their skills and reap substantial profits. However, in this competitive and challenging market, access to sufficient capital remains a significant obstacle for talented traders.

Many young and motivated traders, despite possessing adequate knowledge and skills in market analysis and trading, are unable to enter this lucrative market due to a lack of initial capital. This is where SDF Prop, a leading prop firm in the field of cryptocurrencies, comes to the aid of traders like a powerful launchpad, accompanying them on their path to achieving their financial goals. sarmaye digital funding Prop, by offering an innovative and efficient model, enables traders to test their skills in real market conditions without the need for initial capital and, if successful, gain access to significant capital for trading in the real market.

SDF Prop

SDF Prop is an innovative and leading platform designed and implemented by a team of experts, relying on their knowledge and experience in the field of blockchain and cryptocurrencies. The main goal of this platform is to create a secure, transparent, and reliable environment for funding professional traders who are seeking profitable opportunities in the cryptocurrency market but lack sufficient capital to start. SDF Prop, by providing the opportunity to participate in trading challenges, allows traders to test their skills in real market conditions and, if successful, gain access to significant capital for trading in the real market. In other words, SDF Prop is a bridge between talent and capital, enabling talented traders to achieve their dreams in the cryptocurrency market by proving their skills.

Why Professional Traders Choose SDF

SDF Prop, by offering a set of unique advantages, is recognized as an ideal choice for professional traders in the cryptocurrency market:

• Risk-Free Capital Funding: One of the most significant challenges for traders in the cryptocurrency market is access to sufficient capital to start trading. Many traders, due to the fear of losing their capital, refrain from entering this profitable market. SDF Prop solves this problem by providing the necessary capital for traders without the need for personal investment. SDF allows traders to test their skills in the real market and make profits without worrying about losing their capital. For instance, a talented trader who lacks sufficient capital to start trading can participate in SDF Prop’s challenges, prove their skills, and, if successful, gain access to significant capital for trading in the real market without incurring any risk to their capital.
• Diverse Trading Opportunities: SDF Prop, by offering over 250 different cryptocurrencies for trading, allows traders to implement various trading strategies and benefit from profitable opportunities in different markets. This diversity helps traders manage their risks and maximize their profits. For example, a trader can use SDF Prop to trade in various markets such as Bitcoin, Ethereum, Litecoin, and many other cryptocurrencies and take advantage of price fluctuations in these markets.
• Best Prices: SDF Prop, by utilizing advanced technologies and direct connection to global markets, offers the best prices for trades. SDF helps traders earn the maximum possible profit from each trade while reducing their trading costs. For example, if a trader wants to buy Bitcoin on SDF Prop, they can be assured of getting the best possible price for this trade, as SDF Prop aligns its prices with global markets and prevents unfair pricing.
• Secure Payment System: SDF Prop, by utilizing an advanced and secure payment system, assures traders that their profits are paid to them quickly and without any problems. This system, with support for various payment methods, allows traders to easily and securely withdraw their profits. For instance, a trader can receive their profits through a bank card, e-wallet, or even cryptocurrencies without worrying about the security of their financial information.
• 24/7 Support: SDF Prop’s support team is available 24/7 to answer traders’ questions and address their problems. This professional and comprehensive support helps traders confidently and worry-freely engage in activities on the SDF Prop platform and benefit from its services. For example, if a trader encounters a problem while trading, they can contact the SDF Prop support team and receive the necessary guidance.

SDF Prop Challenges

SDF Prop, by offering diverse and attractive challenges, allows traders to test their skills in real market conditions and, if successful, gain access to significant capital for trading in the real market. These challenges, with varying levels of difficulty and specific rules, are designed for traders with different levels of experience and help them identify their strengths and weaknesses and improve their trading strategies. For instance, a novice trader can participate in low-level challenges to strengthen their basic skills and, with experience, move on to higher-level challenges and eventually become a professional trader.

SDF Prop Terms and Conditions

SDF Prop, with an emphasis on transparency and discipline, has defined a set of terms and conditions for traders. These rules include aspects such as minimum trading days, profit targets, maximum daily and overall loss limits, and rules related to high-risk trades. Adhering to these rules is essential for success in SDF Prop challenges and achieving capital, and it helps traders operate in the market with more discipline and order. For example, a trader must adhere to the specified minimum number of trading days in each challenge and reach the designated profit target; otherwise, they will fail the challenge. Additionally, traders must avoid engaging in high-risk trades and comply with SDF Prop’s rules regarding maximum daily and overall loss limits.

Registration on SDF Prop

If you are a professional trader seeking profitable opportunities in the cryptocurrency market, SDF Prop can be an ideal opportunity for you. By registering on SDF Prop and participating in trading challenges, you can prove your skills, address your weaknesses, and ultimately gain access to significant capital for trading in the real market.

To register on SDF Prop, simply visit the platform’s official website and complete the registration steps. After registration, you can choose your desired challenge and begin your journey towards success in the cryptocurrency market. Registration on SDF Prop is straightforward and only requires your basic information. After completing the registration steps, you can log in to your account and review the available challenges. Each challenge has specific terms and conditions that you should carefully read before participating. After selecting your desired challenge, you can start trading using the virtual capital provided by SDF Prop and test your skills in real market conditions.

Beyond a Capital Funding Platform

In addition to providing capital for professional traders, SDF Prop also offers other services and facilities that help traders achieve more tremendous success in the cryptocurrency market. Some of these services include:

• Training and Support: SDF Prop, by providing educational resources and professional support, helps traders enhance their knowledge and skills in the field of cryptocurrencies and perform more successfully in trading challenges. These educational resources include webinars, articles, and instructional videos prepared by experienced experts in the field of cryptocurrencies. Additionally, the SDF Prop support team is available 24/7 to answer traders’ questions and address their problems, accompanying them on their path to success.
• Advanced Analytical Tools: SDF Prop offers advanced analytical tools that help traders better analyze the market and make more informed trading decisions. These tools include advanced charts, technical indicators, and market news and analysis, which assist traders in identifying market trends and discovering profitable opportunities.
• Trader Community: SDF Prop has created an active and dynamic community of traders where they can interact, share their experiences, and learn from each other. This community is an excellent opportunity for traders to connect with other professional traders, network, and benefit from their experiences and knowledge.

A Bright Future for Traders in Crypto Prop

SDF Prop, by offering an innovative and efficient model for funding professional traders, is creating a significant transformation in the cryptocurrency market. This platform, by providing equal opportunities for all traders, regardless of their initial capital, contributes to the creation of a decentralized investment platform in the cryptocurrency market and enables talented traders to achieve great success in this market by proving their skills.

Considering the growing cryptocurrency market globally, SDF Prop can serve as a powerful launchpad for traders, accompanying them on their path to achieving their financial goals. By registering on SDF Prop and participating in trading challenges, you, too, can join the ranks of successful traders and benefit from the unique opportunities in this market.

SDF Prop: A Smart Choice for Professional Traders

In conclusion, if you are a professional trader seeking profitable opportunities in the cryptocurrency market, SDF Prop can be an intelligent choice for you. By registering on SDF Prop and participating in trading challenges, you can prove your skills, gain access to significant capital for trading in the real market, and benefit from the unique services and facilities of this platform. So register on SDF Prop today and embark on your journey towards success in the cryptocurrency market.

On June 1, 2024, CrypTouch commemorated its anniversary with a grand celebration in Dubai. This significant event brought together our partners and clients from around the globe, marking a major milestone in the company’s journey.

Celebratory Event in Dubai

The event took place in an opulent setting, attended by our valued clients and partners. It was a pleasure to provide everyone with the opportunity to engage directly with the CrypTouch leadership, discuss our accomplishments, and explore future plans. You can view the event video here: https://youtu.be/h_TFYDUV9sM.

Commencement of Official Client Services

The celebration also marked the official launch of CrypTouch’s client services. After years of developing our unique algorithms, we initiated full-scale testing on June 1, 2023. Our public client operations began in November 2023, and since then, we have been expanding rapidly.

Recognition for Active Partners

A highlight of the event was the recognition of our most active partners. We greatly appreciate the contributions of our partners, and this occasion was no different. We awarded valuable gifts, providing a delightful surprise and extra motivation for ongoing collaboration.

Major Raffle and New Promotions

We announced an extensive prize raffle running throughout June. The prizes include 50 iPhone 15 Pros, 10.000 USDT, and a Tesla Model S.

Participation is simple:

1. Register on our platform.
2. Fund your account with a minimum of 50 USDT.
3. Activate the trading algorithm.

Each week, the company will give away 10 iPhone 15 Pros. The cash prize will be drawn on June 17, and the winner of the Tesla Model S will be announced on June 30.

Additionally, in celebration of our anniversary, we introduced a unique “X2” promotion at the event, lasting until the end of summer. This promotion doubles the profits through increased client investments. For instance, by depositing 1,000 USDT, the company doubles the account balance. The client then profits from 2,000 USDT, effectively doubling their investment.

Algorithm Functionality and Testing of a New Algorithm

During the meeting, we delved into the workings of our trading algorithms. CrypTouch employs two primary types of algorithms:

• The trading algorithm processes real-time market data and uses complex mathematical models to predict cryptocurrency prices, enabling highly accurate and low-risk automated trading.
• The arbitrage algorithm capitalizes on price differences across various cryptocurrency exchanges, earning through quick trading across different platforms.

In addition, we are developing a third algorithm focused on futures trading, currently in the final testing stages, with its launch scheduled soon.

Platform Interface Enhancements

We also unveiled an update to our platform’s interface. The new version aims to enhance the user experience by:

• Streamlining navigation and simplifying access to core features.
• Introducing new visual elements for more user-friendly interaction.
• Integrating additional analytical tools and charts for better decision-making.

Future Prospects

We also announced our next event in Barcelona this June. This will be an excellent opportunity for us and our partners to reconvene, discuss ongoing matters, and learn about future company plans. It’s also a chance to combine business with leisure.

Conclusion

The CrypTouch anniversary celebration in Dubai was a landmark event for our company. We were delighted to engage personally with our partners and clients, present awards for their contributions, and share new promotions and future plans. We eagerly anticipate our next gathering in Barcelona and are confident that many exciting developments lie ahead.

CrypTouch continues to grow, offering innovative solutions and attractive terms for cooperation to our partners and clients. If you are not yet part of our team, now is the perfect time to join and benefit from all that CrypTouch has to offer.

It was the beginning of the year 2024 when the developers of the Telegram Open Network, or (TON) for short, decided to launch the Notcoin game. After some time, Notcoin became one of the most popular fun games on Telegram, after that different games with different gameplays and structures have stepped on the path of Notcoin, one of these fun games is called Lumberjack.

Lumberjack is a “Play-To-Earn” crypto game where users can earn money by playing. From the very beginning, Lumberjack attracted the attention of a large number of users with the slogan “We are not memecoins”, and various speculations have been made about its future.

In this article, we are going to review the Lumberjack digital currency project and how it works and point out the latest changes and news of this project. If you want to know what Lumberjack is and you are looking for a source to learn about Lumberjack and how it works, stay with us in the rest of this article.

So , What is Lumberjack?

Lumberjack is a mini application or a type of Telegram bot that allows users to mine digital currency called Lumber through the bot https://t.me/LumberJackGame_bot by cutting trees. The developers of Lumberjack have recently announced on their Telegram channel at https://t.me/LumberJack_Games that they will release the Lumber token on TON blockchain and will Tradeable in one of the centralized exchanges.

Due to the growth of the price of digital currencies and the reception of Play-to-Earn games in recent years, Lumberjack also quickly became popular and managed to attract nearly 1.2 million users in the first month of its launch. The official version of Lumberjack was introduced and released on April 15, 2024, and according to the latest statistics announced by the Lumberjack team, it currently has more than 1.2 million players, and on average, more than 200,000 people are active in this game every day.

A game with internal economy

Lumberjack is not MemeCoin, it is for user and maintaining the value of tokens distributed among users, developers of an internal economy with various sectors such as artificial intelligence trading support, mini-app exchange on the Telegram network platform, Proprietary Trading (Prop Trading) and etc have been introduced.

Due to the limited number of tokens in the game, after distributing 50% of the supply among the gamers, the game will go out of the single-player mode and become a two-player competition, this helps to maintain the value and continuity of the game.

How is lumber extraction?

The only way to extract lumber is through the official Lumberjack telegram bot at https://t.me/LumberJackGame_bot . Extraction of lumber is not done based on common mining methods, but to extract and receive it, users must log into the Telegram bot and cut down trees and get lumber by tapping a button. There are other ways to increase the number of received lambers, such as the Boost section, increasing the recharge speed.

Learning how to extract and receive lumber:

Lumber’s official Telegram bot can be accessed via “https://t.me/LumberJackGame_bot”. Anyone can use this robot for free and enter the Lumberjack Telegram mini app or game. If you use someone else’s referral link to enter the bot, both people will be awarded 200,000 free lumber. If the Telegram account of the person who is invited.

After entering the game, two big buttons will be displayed, by tapping on them, you can enter the game and receive lumber. In addition, you can get some free lumber every day you visit the Lumberjack bot and game.

Game features:

One of the parts of Lumberjack telegram bot can be mentioned its leagues. Based on the number of Token received, users enter different leagues, including bronze, silver, and gold leagues.

The possibility of ten times boost is another feature of the game where users can cut trees by moving their ax and get 10 times the normal lumber rate per click.

Users can also increase the number of their Lumber by staking their Token for one week, two week, one months and 45 day.

But the main way to increase lumber is activity in the social networks of Lumberjack project. Users can earn 800,000 Lumber for joining the Lumberjack Telegram channel at https://t.me/LumberJack_Games and 500,000 Lumber for following Lumberjack’s official Twitter at https://x.com/LumberJack_Game. Also, users can earn another 200,000 lumber for inviting their friends to the game.

The future of the game:

As the creators of the game have announced on their official channel, this game is not going to end like similar cases after the distribution of tokens, and in fact, it will not have a memecoin-like structure. Further, after being listed in the exchanges, the game will be out of single player mode and users can compete with each other as two players and get more lumber.

Tipitek is a structural division of Cryptoves LLP with its own high-speed, reliable, and modern cryptocurrency platform. Since its launch, the entire Tipitek ecosystem has been continuously evolving, providing a reliable platform for working in the crypto industry. While there were previous announcements about expanding the range of tools, not all details were previously disclosed. As of today, Tipitek offers the opportunity to work not only with cryptocurrencies but also with tokenized stocks, indices, precious metals, commodities, and energy assets.

About Tipitek: Analyzing Tipitek’s operations, it can confidently be said that its creators have successfully combined the best elements: innovation, style, comfort, security, multifunctionality, stability, high speed, and more. Both beginners and experienced traders enjoy working here, as each sees benefits for themselves.

Tipitek offers several types of trading accounts, and the use of margin trading conditions allows for trading on growth.

Expansion of the Instrument List: This management decision now allows Tipitek clients to work with cryptocurrencies and other tokenized assets, stocks, indices, precious metals, commodities, and energy assets on a single platform. This significantly simplifies the life of an active trader and saves time. And we know that time plays a very important role in the lives of our clients.

So, Tipitek users can now trade:

• Cryptocurrency pairs (crypto-USDT, crypto-crypto): Over 30 directions for trading bitcoins, stablecoins, altcoins. Flexible leverage.
• Tokenized stocks: Over 150 positions of well-known global companies. Short-term and long-term strategies are available.
• Tokenized indices: Availability of the most popular global trends. Compliance with underlying assets. Market turnover of over 1 trillion dollars per day.
• Tokenized precious metals: Agreed, the inclusion of tokenized metals into operation is an excellent solution, as investments in precious metals are a classic for every investor.
• Tokenized commodities: An impressive list of available tokenized goods (corn, wheat, beans, etc.). Compliance with all Chicago Mercantile Exchange quotations.
• Tokenized energy assets: A rather bold decision, as tokenized energy assets are mainly dealt with by bold and experienced traders who know how to take risks. However, at the same time, it is an excellent way to earn effectively.

Thus, the development of Tipitek’s trading division is moving in the right direction. And against the backdrop of similar projects that started their activities around the same time as Tipitek, competitive advantages are clearly visible. Expanding the list of instruments is an excellent solution for further advancement, which will help attract new users and increase the opportunities for each active client, offering 6 types of trading accounts.

Tipitek represents a revolutionary milestone in the cryptocurrency industry. The company seamlessly integrates all the essential elements required for convenient and profitable cryptocurrency trading.

Discover the unparalleled advantages, features, and account options that Tipitek offers. This is the first thing that catches the attention of prospective users of any platform. They are interested in the minimum investment amount, fees, availability of leverage, savings accounts, or other perks.

Cryptoves LLP has chosen not to limit Tipitek to one or two types of trading accounts and has provided its clients with a total of six unique account types, each offering new opportunities for users.

What do they offer you?

All six types of client accounts at Tipitek differ in the deposit amount and the set of useful services. The company explains the variety of account types by noting that platform users work not only with cryptocurrencies but also with other digital assets, making it an excellent decision.

1. MINI Account: A trading account with a minimum deposit of $500 and a minimum investment period of 180 days. Clients get the opportunity to use leverage up to 1:5, receive daily email newsletters, request consultations with the company analyst, and access educational materials.
2. EASY START Account: A trading account with a minimum deposit of $5,000 and a minimum investment period of 180 days. Clients can use leverage up to 1:5, receive weekly email newsletters, weekly consultations with an analyst, one trading signal per week, and, upon request, get a personal manager and educational materials.
3. START+ Account: A trading account with a minimum deposit of $25,000 and an investment period starting from 180 days. It offers leverage up to 1:5, daily email newsletters with transaction history analysis, weekly consultations with an analyst, two trading signals per week, two risk-free trades, one built-in robot, and 1.5% interest on savings accounts. A personal manager and educational materials are available upon request.
4. PRO Account: A trading account with a minimum deposit of $100,000 and a minimum investment period of 90 days. Clients can work with leverage up to 1:10, receive weekly email newsletters, have four consultations per month with the company analyst, full support from a personal manager, up to five trading signals per week, and two built-in trading robots. Educational materials are available upon request, and savings accounts earn 2% interest.
5. PRO+ Account: Another trading account with a minimum deposit of $500,000 and a minimum investment period of 90 days. It offers leverage up to 1:10, six consultations per month with the company analyst, full support from a personal manager, up to ten trading signals per week, four risk-free trades, and two built-in trading bots. Educational materials can be requested. This account type includes a 2% interest rate on savings accounts.
6. EXTRA Account: A trading account with a minimum deposit of $1,000,000 and a minimum investment period of 90 days. Clients have unlimited possibilities, including leverage up to 1:20, weekly email newsletters, full support from the company analyst and a personal manager, an unlimited number of trading signals, access to automated trading, and six risk-free trades. Individual educational materials are available upon request, and savings accounts earn 4% interest.

What do they have in common?

All six trading accounts share the absence of commissions from Tipitek’s side and are denominated in cryptocurrency (BTC, USDT). When your deposit reaches the level corresponding to another account type, the opportunity to enjoy the benefits of that higher level opens up.

Tipitek goes beyond simple cryptocurrency exchange; it is the perfect comprehensive solution for traders, investors, and partners. Cryptoves LLP openly declares the advantages of Tipitek, attracting an increasing number of active clients. The new division is already quite popular among traders due to its multifunctionality and modernity.

Briefly about Tipitek: It is a structural division of Cryptoves LLP, whose activities began in 2017, initially specializing in cloud cryptocurrency mining. The company is legally registered in Singapore. The company’s leadership and team work closely together, resulting in rapid development and the creation of the Tipitek trading division with its own platform. Is Tipitek currently at the peak of its development? It’s challenging to say, as Cryptoves LLP has not stopped evolving since its inception.

What makes Tipitek notable? Tipitek offers advanced charts and several types of orders to active platform users. Cryptoves LLP’s management and team emphasize that Tipitek is characterized by:

1. High Speed and Stability: Users frequently note that transactions can be executed in microseconds, saving them time.
2. Security: Cryptoves LLP applies only verified and modern tools to ensure customer security, emphasizing that security and customer trust are always their top priorities.
3. Ability to Implement Trading Strategies: Developers have created a user-friendly interface, allowing both beginners and experienced traders and investors to implement trading strategies. Tipitek also provides a detailed order book overview and a choice of trading pairs.
4. Mobility: Cryptoves LLP acknowledges the need for traders to work from anywhere in the world at any time. Tipitek Trade is available for all mobile devices.

As we can see, Cryptoves LLP boldly emphasizes the advantages of its new product, as the company has taken into account the most critical aspects: price and time priority, simultaneous use of multiple order types, a dynamic maker-taker fee schedule based on trading volume.

Cryptocurrency platform Tipitek introduces an affiliate program as another way to earn

People interested in digital assets are likely familiar with the functionality, security, reliability, and modernity of Tipitek. It’s worth noting that Cryptoves LLP is rapidly progressing toward its goal, attracting more and more clients, including company founders and professional traders. The news of the affiliate program being introduced is already widely spreading on the Internet, so Tipitek can expect a new wave of interest in the platform.

What sparks interest in Tipitek? Primarily, clients can work not only with cryptocurrencies but also with other digital assets: tokenized stocks, indices, precious metals, commodities, and energy assets. This simplifies the work of traders, saving them time as there is no need to use multiple platforms simultaneously.

Despite the relatively recent emergence of the new division, it is safe to say that Tipitek is already a reliable, stable, and secure means of achieving the goals of traders and investors. Working with Tipitek is genuinely simple and comfortable.

Investors and traders can not only buy and trade digital assets but also store them. The Tipitek security system is at the highest level. Since the launch of Tipitek, Cryptoves LLP’s leadership has repeatedly stated in interviews that the company does not plan to stop here and will continue to develop and improve Tipitek. Based on the events happening in the company, it’s hard to argue with that. Tipitek is ahead in development compared to its peers and even many “veterans.”

How to earn with Tipitek? For Tipitek clients, there are classic ways to earn:

1. Profit from Trading: The trading platform’s uniqueness is characterized by highly favorable trading conditions, a wide variety of the most liquid financial instruments, the use of trading signals, and trading bots. Analytical and educational materials are also available to Tipitek clients.
2. Passive Income: This is a savings investment account service with an interest rate significantly exceeding that of banks. Interest payments can be made weekly. Depending on the chosen account type, Tipitek clients can earn up to 48% annually.

What does launching the Tipitek affiliate program give clients? It expands earning opportunities for Tipitek clients. The Tipitek affiliate program is a three-tier referral program that allows you to earn 3-7% of each deposit made by your referrals. To do this, you only need to register and obtain a referral link, which can be posted on social networks, thematic forums, etc.

The affiliate program can also be combined with passive income and trading, significantly increasing your earnings. Thus, joining the affiliate program on the platform is another additional opportunity to earn with Tipitek.

This article and its content are tailored for an audience beyond the borders of the United Kingdom. The information provided is not intended to be directly distributed or utilised by any individuals or entities within the UK. The financial products and services alluded to within this piece are not suitable for usage in the United Kingdom. Within the UK, cryptoassets are categorised as High-Risk Mass Market Investments, making them ill-suited for most retail investors.

Cryptocurrency wallets serve as the cornerstone of the digital currency ecosystem, empowering users to safeguard and manage their digital assets. Despite their critical role, understanding how cryptocurrency wallets work can be mystifying for many. In this article, the experts of Coinsdrom, the trusted online crypto exchange, demystify the inner workings of cryptocurrency wallets and unveil the core principles behind their operation.

Public and Private Keys: The Heart of the Matter

Cryptocurrency wallets are not conventional wallets that store coins or bills. Instead, they are digital tools that manage and control access to your cryptocurrency holdings. The key to this management lies in using two critical elements: public and private keys.

Public Key

Think of your public key as your digital address. It’s a lengthy alphanumeric string that can be freely shared with others. This key serves as the destination for receiving cryptocurrencies. Sharing your public key is akin to providing someone with your bank account number so they can transfer funds to you.

Private Key

In contrast, your private key is a closely guarded secret. It’s a unique, encrypted code that should be kept confidential, similar to a PIN or password for your bank account. Your private key grants access to and control over your cryptocurrency holdings. Losing your private key can result in the irrevocable loss of your assets.

The Role of Cryptocurrency Wallets

Cryptocurrency wallets, whether software-based or hardware-based, are primarily designed to manage and protect your keys. Here’s how they accomplish this:

• Software Wallets: These digital applications or software programs generate and store your keys on your computer or mobile device. They offer a user-friendly way to access and conduct transactions with your cryptocurrencies daily.
• Hardware Wallets: On the other hand, hardware wallets are physical devices purpose-built for secure key storage. They keep your private keys offline, making them highly resistant to online threats. This makes them an ideal choice for long-term storage of digital assets.

The Transaction Process

Understanding how cryptocurrency transactions work within the framework of a wallet is crucial:

• Transaction Initiation: When you want to send cryptocurrency to someone, you use your wallet to create a transaction. This transaction includes the recipient’s public key (wallet address) and the amount you want to send.
• Digital Signature: To validate the transaction, your wallet uses your private key to create a digital signature. This signature proves that you are the rightful owner of the cryptocurrency and have initiated the transaction.
• Blockchain Verification: Your wallet broadcasts the transaction to the cryptocurrency network. Miners on the network verify the transaction and add it to the blockchain, which is the public ledger containing all transaction records.
• Confirmation: Depending on the cryptocurrency network, your transaction may take some time to be confirmed. Once confirmed, the recipient’s wallet reflects the updated balance, and the transaction is considered complete.

The Crucial Distinction: Hot vs. Cold Wallets

Cryptocurrency wallets can be broadly categorised into hot and cold wallets.

• Hot Wallets: These wallets are connected to the internet and are ideal for everyday transactions due to their accessibility. However, their online nature makes them susceptible to hacking and other threats.
• Cold Wallets: Cold wallets are entirely offline, offering high security but making them less convenient for daily use. They are often preferred for long-term storage due to their enhanced protection against online threats.

Cryptocurrency wallets are the guardians of your digital wealth, ensuring the safety and integrity of your holdings. By understanding how they function, you can confidently navigate the world of cryptocurrencies. Whether you opt for a software, hardware, hot or cold wallet, always prioritise security and take the necessary precautions to safeguard your private keys. Start your crypto journey with a reliable online exchange – Coinsdrom – that lets you buy cryptocurrency safely and securely!

Creative minds look for a solution in the face of needs. The emergence of Wallex exchange is no exception to this rule. In recent years, cryptocurrencies have become an important part of our economic and social life.

For some it is a platform for investment, for others it is a platform to cross the usual borders and make economic and social connections with people from all over the world, but for everyone who wants to enter this world, whether it is for profit and investment or for art and games, the world of cryptocurrencies is an opportunity for the future.

An Opportunity for Growth and Investment

In Iran, bitcoin fever, mining, etc., a special and unique opportunity for growth and investment, has been widely spreading, and day by day more people are becoming aware of it and more users are entering different areas of this world.

Nowadays, it seems easy to enter this world or buy a cryptocurrency from an Iranian online exchange and have a wallet, but three or four years ago, this was not possible in such a wide, professional and reliable way.

Then, a group of students from Sharif University of Technology and Tehran University thought of establishing an Iranian digital currency exchange to meet the needs of the Iranian clinets.

Wallex and the World of Cryptocurrencies

From the anonymous Satoshi Nakumoto to Vitaly Buterin, cryptocurrency creators have aimed to create growth and development opportunities for all.

However, in Iran, various issues such as sanctions, lack of access to the global banking network, and lack of service by non-Iranian digital currency exchanges have left many Iranians unable to take advantage of these opportunities.

On the other hand, profiteers also have always exploited these conditions. As a result, the use of cryptocurrencies in previous years was limited to either those with highly specialised information or the ability to access a digital currency exchange outside Iran’s borders, which meant high risk for them.

However, Valx has entered this market to fulfil the same promise of the crypto world, which is “opportunity for all.”

The History of Wallex

In 2017, a group of students from Sharif College of Technology and Tehran College took the first step towards establishing a digital currency trading platform, or rather, a secure Iranian exchange. They intended to provide all the necessary facilities for all Iranians, whether they are professional traders and consider this a permanent economic activity, or those who want to enter this world for savings and investing or for discovery and education.

According to Wallex’s founders, such a platform could help its users operate in an official, legal, and secure market where everything is clear, rather than in an informal market. The original core of the Wallex digital currency exchange was formed by a small group of several people, but building and expanding an Iranian online exchange is a large and extensive project that is constantly growing.

It did not take long for this Iranian exchange to become a team of several hundred people, a team composed of smaller teams, each of which specializes in different areas and is on the cutting edge of addressing three important aspects: recognizing the changes and the emergence of new opportunities in this field, recognizing the needs of the Iranian clients at different trading levels, and creating appropriate and sustainable solutions to meet those needs.

In this way, Wallex will always be recognized as one of the top players in this industry and a safe Iranian exchange.

On the list of best digital currency exchanges in the Middle East

Although Wallex was established only about four years ago, its continuous movement has allowed it to come a long way in a short period of time, placing it alongside the top digital currency exchanges in the Middle East and even beyond Iran.

Wallex is one of the leading Iranian exchanges that have been able to multiply the number of its users during its operation. This growth is not only limited to the number of users, this digital currency exchange has also seen a significant increase in the number of transactions and working capital.

Wallex: an Advanced and Secure Exchange

Security and speed are two important features in blockchain-based activities. With this in mind, Wallex is continuously adding new tools and services to its product portfolio, in addition to updating its infrastructure. Every digital currency exchange starts by adding multiple markets, a secure wallet, and a platform for trading.

The emergence of the Wallex exchange was also associated with such approaches, but it was not limited to them. By identifying new events, new markets and new projects, Wallex has expanded its markets during these years on the one hand, and on the other hand, by adding professional facilities and tools, it has tried to provide clients with a modern and secure experience at different levels.

Perhaps this is the reason why Wallex is always among the top exchanges on the market and popular among users. Moreover, with the emergence of new features based on the blockchain, such as the emergence of NFT, DeFi projects, and income-generating games, this digital exchange has sought to provide Iranians with the necessary areas and facilities, such as access to the needed tokens .

By this, Wallex has enabled Iranian clients to take advantage of these opportunities to develop their businesses and individual and collective capital, along with other crypto clients in advanced countries.

The Idea of Forming Wallex Trading Platform

Another notable aspect of this brand since its inception has been its attention to education and awareness. The idea of establishing an Iranian trading platform was also born out of this education and awareness.

Beyond a digital currency exchange, Wallex has always tried not only to serve its clients, but also to inform and educate them about the dimensions of this new world and make them professional and effective players in the crypto world.

In addition to technical standards, Wallex as a brand has also strived to grow and evolve, maintaining effective and dynamic communication with its clients. After all, continuous growth and development depend on constant interaction with clients.

From this perspective, Wallex can identify its clients’ new needs or provide services that are compatible with and responsive to their current needs, and in other words, play the role of a secure Iranian exchange for genuine and legal clinents.

Concluding Remarks

Wallex is still in its infancy, and this Iranian digital currency exchange, while coming on the scene to respond to an internal need and realize Iranians’ access to the cryptocurrency market, has set itself other goals.

Wallex is now known in the Middle East as one of the successful examples of an Iranian online digital currency and blockchain exchange that is continuously expanding its boundaries to serve global citizens beyond its geographical borders. A global digital currency exchange for global citizens!

To be honest, there hasn’t been any coin which has come close to the success and popularity of bitcoin. The success of bitcoin was like a dream which no one saw coming.

In the 14 years since its creation, the price of bitcoin increased from $0.000763 per BTC in 2009 to upto $30,000 per BTC in December 2024.

In other words, someone who had invested in buying 1 bitcoin in 2009 became multi-millionaire in 2024.

So, what I am trying to say here is that what happened with blockchain was an unrealistic thing and is not likely to happen again. But that doesn’t mean that no other coin will ever be able to repeat the success of bitcoin.

In fact, there are some highly potential cryptocurrencies in the market which are as prominent as BTC in 2024, if not more.

5 Coins Like Bitcoin That Is Worth Investing

Let’s find out about some of the Altcoins like Bitcoin that are worth your investment and can make you rich in 2024.

Litecoin (LTC)

Litecoin, which was launched in 2011, proved itself a worthy opponent to the success of bitcoin. It was, at the time, called silver to bitcoin’s gold.

LTC rose to popularity very soon and became one of the most trading digital currencies of its time. It follows the same concept of a global, public payment network which is decentralized and PoW based.

Dash (DASH)

DASH was originally launched as darkcoin to represent the dark side of bitcoin.

It was launched in 2014 and operates on a decentralized mastercode network which is even more secure and anonymous than bitcoin’s network.

The best thing about DASH is that it can facilitate nearly untraceable transactions.

Ether (ETH)

ETH is certainly one of the best altcoins for trading purpose.

The best thing about the Ethereum network is that it extended the application of the blockchain technology by enabling other crucial features like Smart Contracts and Decentralized Apps based on blockchain.

Ethereum is what made blockchain distinct from the bitcoin.

Ripple (XRP)

Ripple was founded in 2012 as a global, real-time payment network which can be used for performing instant, low-cost cross-border transactions.

The major difference between Ripple and most other altcoins is that this one doesn’t require mining.

Bitcoin Cash (BCH)

Bitcoin cash (BCH) was a product of discussions and arguments over bitcoin’s scalability. It was created mainly with the purpose to overcome the issues that limit bitcoin.

For instance, the block size in BCH is 8 MB, as opposed to BTC’s block size limit of 1 MB.

About Arbitrum

Arbitrum is a technology suite designed to scale Ethereum. You can use Arbitrum chains to do all things you do on Ethereum — use Web3 apps, deploy smart contracts, etc., but your transactions will be cheaper and faster. Our flagship product — Arbitrum Rollup — is an Optimistic rollup protocol that inherits Ethereum-level security.

About Open Fi

Open Fi Build a decentralized spot and perpetual exchange owned by DAOs.

Its core, is a solution for protocols on Arbitrum to properly incentivize liquidity for their own use cases. Building on top of the groundwork laid out by Solidly, our team has addressed that first iteration’s core issues to realize its full potential.

OPENFI is a decentralized spot and perpetual exchange that operates on a vast scale, providing traders with low swap fees and zero price impact trades. The platform’s trading capabilities are bolstered by a diverse multi-asset pool, which earns liquidity providers fees through market making, swap fees, and leverage trading.

The protocols of OPENFI offers two tokens, $OPEN and $NECTAR, both of which are ERC20 tokens based on the Arbtrium chain. The $OPEN token functions as an asset endorsement token as well as a certificate of ownership for treasury assets. On the other hand, $NECTAR tokens are used to manage contracts and represent a value contribution to the protocol.

The Potocol own the liquidity of the new generation dex.

Supports swaps and leverage trading.

$OPEN A token that endorses.

An asset and holds a warrant as a Treasury asset The NECTAR token acts as the protocol contribution token and is used to administer the contract.

Summary

Openfi belongs to a very new circuit with a very large market share and competitiveness. And the product has a very low threshold, making it ideal for the average investor. The project effectively hedges the risk and loss caused by the decline of stable coins and anchor assets in the bull market, which is equivalent to an insurance policy for these two types of assets, and is a product that is just needed in the bear market. I believe OpenFie can definitely drive the prosperity and development of Arbitrum ecology with its own strength and welcome the summer of Layer2.

Resources

Website: https://openfi.pro/
Twitter: https://twitter.com/Openfi_Dao
Medium: https://medium.com/@Openfi
Discord: https://discord.com/invite/AMaZddFKas
View Docs: https://openfi.gitbook.io/openfi

The Indian government is considering a proposal to introduce cryptocurrency regulations. This article details what the government is thinking and which laws might be affected by the proposal. The Indian government has been thinking about regulating cryptocurrencies since early 2018, when it formed a committee to study how they were being used in the country.

According to a report by news agency Press Trust of India (PTI), the panel recommended that crypto assets should not be allowed for payments and settlements.

However, it acknowledged the benefits of blockchain technology, which is used in cryptocurrencies. Grains, gold, and even land records can be kept in blockchain form

Cryptocurrency exchange regulations in India have grown increasingly harsh.

While technically legal, in April 2018 the Reserve Bank of India banned banks and any regulated financial institutions from “dealing with or settling virtual currencies”.

The sweeping regulation prohibited trade of cryptocurrencies on domestic exchanges – and gave existing exchanges until 6 July 2018 to wind down.

India has a number of laws that currently apply to cryptocurrency. A new Cambridge University report explains some of these laws. We have taken notes from the report and simplified it for you. Hope it will clarify your cryptocurrency knowledge and its operation.

While the Indian Government is working on drafting the legal framework specifically for cryptocurrency, several existing laws apply to crypto assets in addition to the infamous RBI circular that prohibits all regulated entities from providing services to crypto businesses.

For cryptocurrencies that are deemed securities, Securities Contracts Act 1956 may apply.

However, the report states that “Currently, there is regulatory uncertainty regarding applicability” of this law to tokens but some “may fall within its remit if, inter alia, they are issued by an identifiable issuer and backed by the underlying assets of the issuer.”

Companies Act and Payment Systems

The regulations under the Companies Act, 2013 and rules will be applicable on all token types cryptocurrency. On of the author of the report explained in detail, “These are primarily the Companies (Acceptance of Deposits) Rules, 2014 (Deposits Rules) which specify when the receipt of money, by way of deposit or loan or in any other form, by a company would be termed a deposit, and also provides certain exemptions from its applicability.”

“Payment tokens may also be subject to the Payments and Settlements Systems Act 2007 (PSSA). The Cambridge report claims that there is nothing in this act “to exclude virtual currency, since only the term payment is referred to, as opposed to currency, legal tender or money.”

“Therefore, if a cryptocurrency activity “were to constitute a ‘payment system’ or other regulated activity, the issuer would need payment system authorisation from the RBI under PSSA and would require compliance with KYC/AML norms.”

Money Laundering

The use of cryptocurrencies may further fall under the Prevention of Money Laundering Act 2002 (PMLA), which carries statutory penalties of up to 10 years imprisonment.

However, the report clarifies that it is unclear whether the reporting obligations prescribed under Chapter IV of the PMLA extend to wallet operators, crypto asset exchanges or third-party bitcoin services.

 It added, “A majority of crypto asset trading platforms are self-regulatory and follow extensive KYC/AML norms.”

Unregulated Deposit Schemes

There is also the Banning of Unregulated Deposit Schemes Bill 2018 which has been tabled in Parliament. It proposes to prohibit all unregulated deposits which could apply to initial coin offerings (ICOs).

The author explained that the bill “provides a schedule of regulated deposit schemes, and all unregulated deposit schemes are prohibited.”

Additionally, “The term deposit includes ‘an amount of money received by way of an advance or loan or in any other form, by any deposit taker with a promise to return whether after a specified period or otherwise, either in cash or in kind or in the form of a specified service, with or without any benefit in the form of interest, bonus, profit or in any other form, but doesn’t includecertain enumerated categories”

He elaborated, “An ICO might be regarded as an ‘unregulated deposit scheme.’ So, virtual currency token issuers would need to ensure, in order to be outside the purview of the Ordinance, that (A) the scheme is regulated and/or (B) there should be no liability of returning any money received.”

He added that this bill “was passed in the Lok Sabha (House of Commons) on Feb 13, 2019 but will lapse in the House of Representatives (Rajya Sabha) after the dissolution of the Lok Sabha due to elections in May this year.”

He further remarked, “Ordinances are usually required to be approved by the Parliament within 6 weeks or they lapse, in this case, no official confirmation about its approval by the Parliament has been made yet. Considering the elections, I am sure the 2019 Ordinance would take another few months (at least) to be made into a law.”

Hope our interpretation and explanations be some help to you.