Most of us are aware of crypto trading and it has captured the fancies of many! Crypto has become a prominent feature of day trading among the Millenials of today! However, cryptocurrencies are no longer limited to trading alone! Some businesses use crypto money as means of exchange. Very soon, regular commodities will also be bought with the help of crypto money. If you aren’t sure of how crypto-currency works and what it is, we provide some important bits of information here.
What is Crypto Currency?
Crypto-currency can be considered the most recent development in the domain of virtual transactions. Although it is a relatively newer variant of currency, it is indeed very secure. It uses cryptography which makes it extremely safe, verifying the ownership of coins and transferring it easily from one person to another.
Also, what makes it extremely secure is that it does not depend on a centralized system or authority, therefore, neither a bank nor a government is needed to maintain it. So, if you head to a “crypto ATM near me” for buying coins, no middleman will be involved in the transaction making it extremely secure.
How is Crypto Money Different from Traditional Money?
Typically, there aren’t many differences between cryptocurrencies and regular money. The only real difference is when you are making international transactions. With regular money, international transactions can take time. Also, multiple intermediaries would be involved when these transactions are made. This makes the transactions less secure as well. Since cryptocurrencies do not rely on a centralized authority, it does not require passing through intermediaries. You can simply buy online and send it across with the help of a secure blockchain network in a jiffy!
What is a Crypto Gateway?
Cryptocurrency gateways are passages through which crypto money can be accessed by businesses. These are companies supporting the digital processing of crypto-currency. When someone pays you in bitcoins perhaps, you will receive fiat money through these gateways.
Although there are more ways of accepting crypto-currency for your business, gateways are the best suited and essentially more convenient for this purpose. It makes transactions faster too! Businesses are steadily upgrading their systems to accommodate and incorporate crypto gateways for processing payments regularly.
Before you Begin
Before you begin venturing into the crypto domain, it will be important to read up a bit on the ways of the crypto world. Consider choosing a dependable source of information for warming you up. It is also a good idea to study a BTC ATM and how it works. Because of the raging popularity of bitcoins, finding a bitcoin ATM in North Dakota will not be all that difficult. Visit and check out the modalities of performing a transaction.
Before you have anything to do with crypto money, make sure you know that the transactions are not under any form of regulation yet. So, if you end up losing money, there is no way to get it back and there would be no way to register any complaints about it.
What is Kucoin – Fee, and Security
If you want to do business with cryptocurrencies then make sure the fee will be applied – some are very expensive and a few could be payable. Paying a high fee might affect your business especially if you’re a beginner in this field.
To do more efficient work all you need to know is your chosen platform fee structure. When it comes to paying fees for trading then Kucoin will be remembered.
Well, what is Kucoin in actuality? and what are its values in crypto trading we’ll try to know this today? Come done and see something really related.
What is Kucoin?
Basically, kucoin is a trader-friendly exchange, featuring easy-to-get grading fees with a long list of available cryptocurrencies. It was established in 2017 Sept by Eric Don and Micheal Gan; within a few years, the exchange got a lot of popularity due to its basic features.
Does it have any Fee?
As I already mentioned, this exchange has the lowest ratio of trading fees among high-class exchanges. Today it is a well-known exchange for traders not because of the lowest fees but because of its amazing interface.
You can earn money in multiple ways by using this currency within margin, futurism, and peer-to-peer trading. It offers a particular level of its fee structure where everyone can get an idea before exchanging and buying/selling.
It has a 1 – 12 leveling system, like with the higher level of trading you have to pay a lower level of fee. The levels may vary with each passing day entirely depending on your last month’s average trading volume, your KCS, and your overall reputation.
A few requirements are fixed for each level so you have to meet their criteria at 00:00 AM (UTC+8) to come up for a level. Shortly the more you trade the more KCS can hold in a day so the fees will be lower as well.
How to check my trading fees level?
- It gives you easy access to check your trading fee level when you simply log in to your Kucoin account.
- Once you get a login, do not press the fee button on the given interface.
- On the page your current level will be shown; with a high level sometimes a negative fee rate might be applied.
- Often people think that the high-level businessman can have a low fee which we’ve explained above but occasionally the game can be changed. Kucoin still gives a chance to pay the lowest fee around even at the base rate like only on 0.1% fee on a transaction.
- 24 hours is the withdrawal limit for all, and the amount limit also depends differently on your level. It might seem complicated for some traders but Kucoin has a fixed fees strategy for everyone.
Make sure it gives a pretty much reliable and clear fee structure so that customers can simply understand and pay the fees with all transactions. If still, you’re not sure whether to proceed with Kucoin then you may check some online reviews of traders this way you’ll be confident about your exchange.
Is it secure?
Obviously, it is and everyone can rely on it without thinking too much. Aside from everything Kucoin authenticates the security system that users might note. Currently, it is working within a partnership with a Singapore-based chain custodian who helps it to store and save data.
The company assures it to save all crypto data of its customers. This platform also works great with industry-standard and it deals with high-security alerts likewise; as the KYC process and the most common two-factor authentication.
Kucoin even uses a couple of modern security solutions to increase its customer base. For supposed trading passwords and safeguard programs.
Well dear reader this is all for today’s blog post for Kucoin and the level of its fees. Please let us know if you’re quite agreeing with the given facts. Obviously, it is secure and trustworthy. If you have an experience with Kucoin please feel free to share it in the comment section below.
Airdrop 2022 for Antarctic tokens generates a great deal of interest
ALO Global’s project, the Antarctic Token (AAL) aims to use blockchain technology and cryptocurrencies to accelerate the creation of green initiatives. And programs through the Antarctic (AAL) Foundation (environmental protection, development of renewable energy and adoption of carbon-neutral devices, financing and support for eco-sustainable start-ups, etc.).
By utilizing cutting-edge technologies such as blockchain and smart contracts or by accepting pre-startup projects from third parties, The Antarctic (AAL) Foundation plans to achieve its objectives.
Those initiatives that develop novel business models and improve quality of life while reducing environmental impact will be considered.
On September 15, the Antarctic token airdrop will take place, a highly anticipated event in the cryptocurrency market
Investors will be able to purchase the Antarctic token (AAL) at a discount during the airdrop as well as later in the pre-sale and the two sale stages. The Antarctic token (AAL) will have a price of 0.1 USDT.
The Antarctic token is run by the Global Project of the Antarctic Lands Organization (ALO). The six principalities that petitioned the UN in 2007 with claims relating to the Antarctic Lands form this group. The Antarctic Foundation was established by the law firm Caporaso & Partners on behalf of ALO and is formally registered there. The Foundation will have control over the introduction of the AAL token.
The mission of the Antarctic Foundation is to support environmental initiatives that safeguard the Antarctic ecosystem. Additionally, it will fund business owners who propose environmentally responsible plans that can be carried out in Antarctica.
By using blockchain technology, the ALO has decided to secure a contemporary, decentralized, transparent, open, global currency resistant to censorship and manipulation by centralized financial institutions and promote the ANTARCTIC token (AAL), a non-inflationary token.
Free Antarctic Tokens
AAL tokens, which use the Binance Smart Chain (BSC) blockchain and are BEP20-type tokens, will be produced in an aggregate amount of 250 million. The decentralized marketplace Pancakeswap will be used for buying and selling AAL tokens in USDT. 1% of the initial offering, or 100 AAL, will be distributed as a free allocation to each airdrop participant.
After that, there will be a four-month pre-sale period for the AAL token. Investors must make a minimum investment of 5,000 USDT during this phase. The significant benefit for interested parties is that they can purchase these tokens for 0.05 USDT, or 50% off the initial price.
Following the conclusion of this phase, the first sales stage—during which there is no set minimum investment requirement—will start. AAL tokens will be 30% cheaper for investors to buy (at 0.07 USDT). One month will pass during this phase.
Investors will then be able to purchase tokens at a preferential price in the second stage with a 15% discount (0.085 USDT), with a maximum term of one month.
The Antarctic AAL token is a cryptocurrency designed to connect startups in the energy, environmental, and fintech sectors. Don’t miss out on this opportunity to acquire a percentage of AAL in the next airdrop. Be the first to know about the first issuance at an advantageous price by following the Antarctic token (AAL).
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