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CRYPTO-TOKEN INVESTMENT

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What is the difference between Crypto Coin & ERC-20 Token?

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It’s very important that you understand the difference between a crypto-coin (altcoin) and a crypto-token (ERC-20 token) before putting your money in the digital market. 

 

A coin is a cryptocurrency that has its own blockchain. A blockchain is a ledger that records and stores digital information on a public database. A digital currency that is built with its own customized database or blockchain is an actual coin. Currencies that are developed on an existing blockchain are not coins.  

 

Bitcoin is the first and the most popular digital currency that was built on the blockchain. Other currencies were created or built to make improvements to the original blockchain of Bitcoin. These are called altcoins, as they are developed as an alternative to Bitcoin. The purpose of a coin is purely financial. Coins are created to enable users to perform secure and fast money transfers from one point to another.

 

ERC-20 Tokens, on the other hand, are developed on an existing blockchain. A Token represents an asset or a utility, and in no circumstances can it be treated as money. It still has a market value, but it is different from a coin. Most tokens are developed on the Ethereum Blockchain with the use of smart contracts

 

A Token is a form of security or backup to a decentralized application (DApp) that makes use of blockchain technology. The purpose of a token is completely for and within that particular application for which it has been created. For example, if there should be a KacieBusiness Token, the token can only be used on the platform to transact business but nowhere else. Tokens can still be transacted on the exchange, but their uses are limited. 

 

In summary, coins are only used as money and for making payments and money transfers. Tokens are backed by applications designed to perform specific tasks.  

 

The advantage of holding a token is the fact that it has a specific purpose and will never go out of demand as long as the application has real-world uses. 

 

TOP 10 POTENTIALLY PROFITABLE CRYPTO-TOKENS FOR 2020 TO 2021

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TOKENS

COMPANY INFORMATION

EXCHANGE PLATFORMS

Cappasity was founded in 2013 by Kosta Popov and a team of 3D technology experts. The project was then launched in 2017 as a Blockchain-based platform for creators and buyers of 3D content. The project raised 4.9 million from its investors in total. 

 

The Cappasity platform solves the problem of creating and embedding 3D AR/VR content in an affordable way. Today Cappasity is collaborating with Intel, Nvidia, and Alibaba to provide 3D product imaging solutions for around 750 million users. 

 

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BitForex is a crypto trading exchange that provides a safe and secure platform to trade digital assets. It offers a wide range of services, including token trading, margin trading, and derivatives that cater to beginner and professional traders. BitForex currently supports over 300 crypto pairs through high liquidity partners that can be traded through a stable trading platform. 

 

Bitforex Token was launched in Jul 2018, and the used case of this token is to provide a discount on trading fees. BitForex Token is the native asset of the Bitforex exchange. 

The NEXO Token is the World’s First US SEC-compliant Dividend-paying Asset-backed Security Token and is backed by the underlying assets of Nexo’s loan portfolio. Nexo is powered by A Leading FinTech Group, serving millions of people across Europe for over 10 years. 

Tidex is a bitcoin and altcoin exchange that was established in 2017, and it allows users to trade in both cryptocurrencies and Waves assets. Their services can be accessed from anywhere in the world.  Tidex Token is the native asset of the platform. 

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KuCoin is an international blockchain assets exchange in South Korea. Holders of the token are able to reap the rewards from the success of the exchange as 50% of its overall trading fee revenue is shared with holders through the tokens. Rewards, received in the form of dividends, are proportionate to the amount of Kucoin Shares one holds.

 

PolySwarm is the first decentralized marketplace where security experts build anti-malware engines that compete to protect you. Think Bitcoin, but instead of mining, a global community of anti-malware experts converge and work together to best detect today’s threats. 

Datawallet provides users with a self-sovereign wallet that puts them in charge of their data, and allows them to monetize as well as utilize an asset that is rightfully theirs. It empowers developers to leverage a completely new data universe to build the most advanced applications ever. And it provides companies with insights that will boost their operations on a never before seen scale.  

Huobi Token (HT) is an exchange based token and native currency of the Huobi crypto exchange. Huobi Group was established in 2013 and has been financed by ZhenFund and Sequoia. As a digital assets service provider, Huobi is far ahead of its competitors in establishing a global network of licenses. 

 

The Huobi Token can be used to purchase monthly VIP status plans for transaction fee discounts, vote on exchange decisions, gain early access to special Huobi events, receive crypto rewards from seasonal buybacks, and trade with other cryptocurrencies listed on the Huobi exchange.

Bancor is a protocol that allows anyone to easily create completely liquid “smart tokens” that calculate their own prices and enable a single party to convert any token to another without requiring a second party to exchange with. 

Crypto.com was founded by Bobby Bao, Kris Marszalek, Gary Or, and Rafael Melo in June 2016 and is based in Sai Wan, Hong Kong, and Hong Kong Island. Crypto.com is a cryptocurrency investing and staking platform. Crypto.com allows users to buy and sell, trade, and earn interest on their cryptocurrencies, similar to the NEXO platform. Crypto.com is only offered as an app on smartphones. The company also offers users a Visa card to spend their crypto anywhere in the world. 

 

 

Crypto.com also offers its own native cryptocurrency (token) called the CRO. It enables customers to pay for goods and services using the Crypto.com Wallet App.  Crypto.com users can choose to receive payments in CRO as well as stable coins or fiat. They can also swap CRO or stake it to boost their interest yield by 20x.

WHAT IS THE DIFFERENCE BETWEEN BITCOIN, ETHEREUM AND RIPPLE
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HOW TO PURCHASE, TRADE AND INVEST IN CRYPTOCURRENCY
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OPEN A CRYPTOCURRENCY WALLET
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THE BEST EXCHANGE PLATFORMS TO QUICKLY AND EASILY PURCHASE BITCOIN AND ALTCOIN

BUILD YOUR KNOWLEDGE FOR A BRIGHTER FUTURE

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Ivan on Tech Academy is the world’s best Crypto & Blockchain learning platform for newbies, entrepreneurs, and investors. Ivan On Tech Academy was launched in 2017 by Ivan Liljeqvist and Filip Martinsson in Stockholm, Sweden. Ivan and Filip studied computer science together at KTH Royal Institute of Technology. Thereafter, their passion for programming, blockchain, and cryptocurrency led them to start Ivan On Tech Academy. 

 

Today Ivan On Tech Academy is the leading Online university for blockchain, cryptocurrencies, and programming. The platform has trained and educated over 20,000 students and has created top courses for students to become top professionals for the job market. Their courses range from introductory courses on Blockchain, Bitcoin, and programing to Smart Contract Programming, Bitcoin, and Blockchain Business Masterclass. They provide hundreds of assignments, quizzes, on-demand video courses, homework, and programming challenges.  As a student, you will have access to the following;

 

  • Graduation Certification 
  • Individual Support & Coaching 
  • Instant access to monthly releases of new courses 
  • Access to the student community 
  • Monthly Livestream Webinars 

 

However, to gain access to all courses, you’ll have to get a premium or professional plan. Their basic plan is good for complete beginners, but to get real insights into the space or to gain opportunities when it comes to employment or business-ventures the upgrade is way better. 

 

Visit the Academy and learn more. 

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