Ledger Integrates Crypto.com Payments, Introduces Cashback on Purchases

Ledger Integrates Crypto.com Payments, Introduces Cashback on Purchases

Customers buying products on Ledger’s online store can now pay in Litecoin and the native Crypto.com Coin and enjoy 10% cashback until May 31. Bitcoin – the most important cryptocurrency Bitcoin (BTC) is the most famous cryptocurrency and is still by far the most important. Bez … Telegram’s ongoing court battle with the SEC over its $1.7 billion token offering could put pressure on Congress to move cryptocurrency regulation forward, according to the Blockchain Association. Forbes’ 2020 list of global billionaires, which names Amazon founder Jeff Bezos as the world’s wealthiest person, includes five cryptocurrency pioneers with ties to Bitcoin (BTC) and the digital assets industry.

You can now get 10% cashback for buying Ledger hardware with the Crypto.com Coin.

Cryptocurrency hardware provider Ledger has announced the integration of Crypto.com Pay. Customers buying products on Ledger’s online store can now pay in Litecoin (LTC) and the native Crypto.com Coin (CRO).

While Ledger already offered payment options in Bitcoin and several other cryptocurrencies via Bitpay, the Crypto.com integration also means customers on Ledger.com can benefit from the Crypto.com Pay cashback program.

The cashback program is unique to customers paying for their Ledger products in CRO via the company’s online store. 

Between now and May 31, all users can get 10% cashback on purchases. After May 31, the cashback reward will be capped at $50. Rewards will be credited to the user’s Crypto.com wallet once the sale is completed. 

However, if a user cancels their order, Crypto.com will also cancel the cashback rewards.

To make use of the Crypto.com payment option and benefit from cashback rewards, users must already have an account and wallet on Crypto.com, as well as holding CRO coins in their wallet. Then, when paying for Ledger hardware, users simply select the Crypto.com payment option at the checkout and follow the steps prompted on screen.

The news comes on the back of several notable developments for Crypto.com, which has been pursuing rapid expansion plans over recent months. 

Last year, the company opened the doors to its crypto exchange, with CEO Kris Marszalek telling Crypto Briefing in an interview that “our vision is to build an entire ecosystem” for digital financial services.

In March 2020, the company launched an invoicing service for merchants looking to request payments in crypto. More recently, it has launched a series of measures designed to ease the pain of the global restrictions put in place to fight the spread of COVID-19. 

These include waiving credit card fees, and cashback for home delivery of food and essential items.

Source: cryptobriefing.com

Author: Sarah Rothrie

Buy Bitcoin - invest easily in Bitcoin, tips for Bitcoin trading | 04/09/20

Buy Bitcoin – invest easily in Bitcoin, tips for Bitcoin trading | 04/09/20

Bitcoin is the main cryptocurrency at all. But how can you buy bitcoin? What makes cryptocurrencies so exciting for investors? What are the options for Bitcoin trading? You can find the answers here in this Bitcoin guide!

Bitcoin (BTC) is the best-known cryptocurrency and is still by far the most important. Bitcoin is significantly ahead of the competition in terms of market capitalization, and no other digital currency can hold its own when it comes to value development: at almost $ 140 billion, Bitcoin's market capitalization in March 2020 is far ahead of that of Ethereum (22 Billion) and Ripple (9 billion).


to the provider


Payment by credit card or PayPal possible. Trade 7 days a week, 24 hours a day.
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

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Bitcoins are no longer just nameless online coins that computer nerds use to make anonymous purchases on the Internet. Bitcoin trading is popular with both private investors and speculators, and the potential still seems great. The recent major price movements are proof of this.

Around the bitcoin hype at the end of 2017, some critics saw a risky investment in Bitcoin and described the most important cryptocurrency as "hot air".

Ultimately, the Bitcoin price is regulated by supply and demand. And the demand for anonymous money such as Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin & Co. continues to grow strongly. The reasons for this are, for example, the future-oriented blockchain technology, the investment in Bitcoin and capital movement controls, which can be successfully dealt with with the help of crypto money.

In view of the performance and the technical possibilities with online currencies, the interest in Bitcoin grows more and more with many investors. If you buy Bitcoin and want to participate in the performance of the most important Internet currency, there are several options for you – we have examined the advantages and disadvantages of each way.

Investors who are particularly interested in participating in the performance of Bitcoin can trade Bitcoins through a CFD broker relatively easily. The account opening is particularly fast, you can pay in with a credit card, PayPal or bank transfer.

A Bitcoin CFD can be thought of as a security that reflects the Bitcoin price. As an investor, you participate directly in the development of the Bitcoin price, but do not physically own the Bitcoin. If you want, you can still lever the Bitcoin CFD. Note that CFD trading has been more regulated since August 2018.

A 1: 1 participation without leverage is of course also possible. The biggest advantage of a Bitcoin CFD is that if you sell it, you can get your money back at any time and in full. This is not a matter of course: With different Bitcoin exchanges there are daily payout limits, so a payout of your capital can sometimes take several days.

Our recommendation: If you want to buy or sell bitcoins as a CFD, you can use Plus500 among other things. Plus500 offers deposits by credit card and PayPal as well as a very quick account opening without PostIdent. Of course, you can also use any other CFD broker of your choice.

Another very convenient way to take part in the Bitcoin course is to buy Bitcoin certificates. The selection on the market is currently relatively limited, but the Swiss bank Vontobel offers an attractive offer.

With the Open End Certificate of Participation on Bitcoin, you can easily invest in the course development of the most important digital currency. The Vontobel certificate simulates the performance of the bitcoin, but is not a "real" bitcoin, but a derivative of the cryptocurrency. The product enables almost 1: 1 participation in Bitcoin price gains and losses against the US dollar – without a pre-defined repayment day. You can also buy mini futures on Bitcoin.

If you want to buy Bitcoin, then besides the Bitcoin CFD, a certificate on the cryptocurrency is also a very convenient option, you only need a securities account as a prerequisite.

If you care about your anonymity in addition to the performance of your Bitcoin trading, there is no way around the purchase of "real" Bitcoins, that is, the purchase of Bitcoins in the form of "digital money" or in the form of data. Having a wallet is a prerequisite for this. This electronic wallet can be compared to a personal checking account for your pocket, you can use it to make transfers and receive or send bitcoins.

The transfer of bitcoins is fundamentally no different from a bank transfer: instead of an account number, only a recipient address is spoken of. Because the digital currency is sent directly from person to person without an intermediary, the fees incurred are lower than for the transaction via banks.

If bitcoins are bought on several portals, all bitcoins can be combined in a single bitcoin wallet. A Bitcoin wallet on a smartphone is suitable for everyday use, but a wallet is only possible for online payments on a PC or tablet. After downloading and installing a Bitcoin wallet, it should be secured with a strong password, a so-called passphrase. This access code must then be entered in the future before each transaction.

If you want to trade the cryptocurrency Bitcoin, you can do this online, for example, on a so-called Bitcoin marketplace. Here the users trade directly with each other, so that the price for the real bitcoins is formed by supply and demand.

In detail, this is how it works: In marketplaces like bitcoin.de, registered users post their offers to buy or sell bitcoins in a different currency. Buyers can see how many bitcoins a seller offers at what price. A business comes into being as soon as an offer is accepted by another user, the potential buyer. The purchase price for the purchased bitcoins is transferred to the seller's bank account and the buyer receives the purchased bitcoins as digital data for his wallet.

Depending on the marketplace, the operators charge a small fee for the exchange, deposit and / or payment of the money. Usually this fee is relatively small. Buyers and sellers each share half of the Bitcoin fees.

Note: To trade via bitcoin.de, we recommend an account with Fidor Bank, which specializes in crypto trading.

But: you should note that you have the effort of a normal account opening including VideoIdent procedure, the process can take a few days accordingly. In the world of Bitcoin and Co., this time can mean a price difference of a few thousand dollars.

Another way to buy "real" bitcoins is through bitcoin exchanges. The best-known trading exchanges for cryptocurrencies include Bitfinex, CEX.IO, Kraken, Bitstamp and Paymium. Again, you should note that the account opening or verification can take a few days.

Attention: The Bitcoin prices on the different trading platforms can vary considerably. While Bitcoin trading on crypto exchanges is automated, the trades on a marketplace are carried out manually. As an investor, you have to look for a suitable sales offer yourself.

If you really want to buy bitcoins, you only have to specify how many coins you want to buy at which rate (classic currencies such as US dollars or euros can be exchanged for bitcoins at any time). If the Bitcoin exchange finds a suitable offer, it buys the Bitcoins on behalf of the customer and then credits them to the customer account. Processing is particularly easy on CEX.IO, especially since credit cards such as VISA and MasterCard are also available as payment methods.

If you want to sell your Bitcoins on Bitcoin Exchanges, it works according to the same principle as when buying Bitcoins: Within a few minutes, you put your sales offer on a Bitcoin Exchange. If someone buys your bitcoins, the amount will be credited to your bank account.


to the provider


Payment by credit card or PayPal possible. Trade 7 days a week, 24 hours a day.
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

to the provider


The Bitcoin price and thus the value of the Bitcoin depends on the offer and demand of investors – we have already told you this above. As demand increases, so does the bitcoin price and vice versa. This means that the digital currency Bitcoin is not controlled by central banks or governments, but is managed decentrally

And how is the bitcoin price composed? The total amount of bitcoins available has been capped at 21 million. This limitation is intended to avoid inflation on the one hand and to generate the added value of the cryptocurrency on the other. Basically, however, it is assumed that the demand for Bitcoin will continue to increase – for example, by improving the trading conditions for Bitcoin and making Bitcoin continuously more attractive as a means of payment.

When Bitcoin first saw the light of the crypto world, the virtual currency was initially of no value in any other currency. That has changed in the meantime.

Like any other currency, the bitcoin price is subject to fluctuations, the bitcoin price can also vary depending on the trading platform. Investors who want to trade Bitcoin should take into account the strong volatility of the cryptocurrency. In 2017 alone, the value of bitcoin increased 20-fold

The legendary performance made Bitcoin famous as a cryptocurrency – and many investors were rich. Bitcoin is still one of the most important cryptocurrencies at all, also and above all because of its pioneering technology, the blockchain. The blockchain was a basic prerequisite for the triumph of Bitcoin and it will be indispensable in the future.

The reason is obvious: The trend is increasingly towards digital money and payment systems on the Internet. The security of mass payment transactions in the online world can only be guaranteed if blockchain technology (or a comparable anonymous technology) is used. Dr. Cyrus de la Rubia, chief economist at HSH Nordbank, says: "The idea behind Bitcoin is at least as exciting and forward-looking as the cryptocurrency itself."

Although cryptocurrencies are also known as internet currencies, bitcoins do not necessarily have to be bought over the Internet. There are various ways in which cryptocurrency can also be purchased offline for cash. The cheapest and fastest way to buy bitcoins is to buy them from a private person. Various platforms, for example Bitcoin-Treff.de, mediate private meetings with traders in the area.

Caution: Please note that trading takes place very anonymously and unregulated. You should therefore choose your exchange partner very carefully.

In the meantime, there are also regular meetings throughout the German-speaking area at which Bitcoin fans discuss the current developments in the field of digital currencies. Such a direct exchange is probably the easiest way to find out about Bitcoins, Blockchain – the security technology for Bitcoin transactions on the Internet – and other cryptocurrencies. And often these so-called meetups also offer a good opportunity to buy and sell bitcoins.

In addition to the contact points Bitcoin-treff.de and Localbitcoins, there are other exchange places through which you can buy the crypto currency Bitcoin. There are even a few Bitcoin machines where you can buy Bitcoins on site. Depending on the manufacturer, the usage differs in detail, but the principle is similar: the machine is fed with cash, then the wallet is scanned in order to then save the bitcoins in this virtual wallet on the smartphone.


to the provider


Payment by credit card or PayPal possible. Trade 7 days a week, 24 hours a day.
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

to the provider


You should first decide which way you want to benefit from the performance of the bitcoin. If you want to trade Bitcoin as a CFD, you can do this with Plus500, for example. However, you should compare offers and providers exactly. Our online broker comparison can help you with this. With very little effort, you can participate in the development of Bitcoin prices using certificates.

Don't forget: To own real Bitcoins, you need a Bitcoin wallet with a strong password.

Source: www.finanzen.at

Buy Bitcoin - invest easily in Bitcoin, tips for Bitcoin trading | 04/09/20

Telegram’s Fight Against SEC Will Help Push Cryptocurrency Legislation, Says Trade Group

Telegram’s ongoing court battle over its $1.7 billion token offering could help move cryptocurrency regulation forward, according to the Blockchain Association.

The Securities and Exchange Commission (SEC) wants to halt the issuance of tokens for Telegram’s blockchain project TON because, the regulator claims, they are unregistered securities.

“We really hope that instead of getting clarity through the court decisions, the SEC through the rulemaking process, or Congress through legislation, will provide a really clear pathway for such projects to be developed and launched,” she added.

That won’t happen right now, when everybody’s looking for ways to get past the COVID-19 pandemic. Later, however, “there will be an appetite among lawmakers to find ways to support innovations and growing industries as we get to the recovery, and I think we’ll see some positive legislation when that happens,” Smith said. 

“When there are national and international challenges like the coronavirus, it’s ultimately the innovation that helps get the economy out of the crisis and moving again,” she added.

Persistent ally

The Blockchain Association – a crypto industry advocacy group with members including Coinbase, Circle, Digital Currency Group, eToro, Anchorage, Kraken, Ripple and others – has been weighing in heavily on the legal fight between Telegram and the SEC. 

The SEC asked the court in October to halt the issuance of Telegram’s blockchain tokens, called grams, to the investors in its private token sale. The commission recently scored a win when Judge Kevin Castel of the U.S. District Court for the Southern District of New York issued a preliminary injunction blocking the issuance, even for investors outside the U.S.

The Blockchain Association sided with Telegram back in January, asking the court to dismiss the SEC’s allegation. However, Judge Castel didn’t follow the reasoning that while the SAFT (simple agreement for future tokens) arrangement was a security offering, the tokens Telegram promised to investors are not. The blockchain association insisted he’s wrong in its second friend-of-the-court brief submitted last week. 

Smith believes by banning the distribution of grams, the SEC is trying to prosecute a nonexistent crime: Telegram’s investors, which are accredited investors only, can find legal ways to sell their tokens if they want to, even without unloading them on general public in the U.S., which the SEC and later the court seek to prevent.

“If grams are actually securities, they can be traded on [alternative trading systems] once the SEC approves it, investors can hold them for a certain period of time and then sell them to private investors, they can sell them on the exchanges overseas,” Smith said.

The case sets an important precedent, she believes: “I think it’s potentially problematic for companies that have already issued SAFTs or are in the process of doing it. It really prevents many new projects from even starting.”

Crypto networks have unique economics, according to Smith, which make the traditional equity fundraising for them “less desirable than a token pre-sale.” 

SAFT in trouble?

Telegram’s battle with the SEC showcases the SAFT framework it used, like many other crypto startups, is not as safe a fundraising method as the industry used to believe.

The framework was introduced in 2017 as a compliant way to sell tokens to institutional investors, unlike the infamous initial coin offerings, which sold largely to retail buyers. The SEC has neither endorsed nor rejected the framework.

Benjamin Beaton, partner at Squire Patton Boggs law firm and one if the authors of the Blockchain Association’s latest brief, believes the industry had good reasons to trust the framework. “The companies were trying hard to comply with the existing rules and applying them to the new product,” he said.

The SEC’s enforcement action against Telegram, he added, “seems unfair” and creates more uncertainty, which “highlights the need for clarity in guidance.” 

While the court case is not going Telegram’s way so far, it may not be the end for SAFTs. “Not all SAFTs are designed exactly the same and just because it doesn’t work for Telegram it doesn’t mean this model won’t work in other areas,” said Beaton.

But the overall picture regarding the token agreements and the consequences of this type of fundraising looks to have changed, according to Smith.

“SAFT will survive in some form, but developers and investors are really going to look very hard at the SAFT before deciding to move forward,” she said. “For a while, it was considered the smartest way to do things but now it’s more of a gray area.”

Source: www.coindesk.com

Author: Anna Baydakova

Wealthiest Man in Bitcoin (BTC) and Crypto Is Now Worth $3.2 Billion – Here's the New Rich List

Wealthiest Man in Bitcoin (BTC) and Crypto Is Now Worth $3.2 Billion – Here’s the New Rich List

Forbes’ 2020 list of global billionaires, which names Amazon founder Jeff Bezos as the world’s wealthiest person, includes five cryptocurrency pioneers with ties to Bitcoin (BTC) and the digital assets industry: Bitmain founders Micree Zhan and Jihan Wu, Ripple co-founder Chris Larsen, Coinbase founder Brian Armstrong and Square Crypto founder Jack Dorsey.

Zhan is the wealthiest crypto entrepreneur with an estimated net worth of $3.2 billion. He was ousted from Bitmain, the largest maker of cryptocurrency-mining computers, in October of 2019, but remains the largest shareholder of the company.

Chris Larsen is the second wealthiest crypto entrepreneur with an estimated net worth of $2.6 billion. He sits as executive chairman of global payments network Ripple. He also co-founded the online mortgage lender e-Loan and peer-to-peer lender Prosper.

Wu is the chairman of Bitmain and owns 20% of the company. In 2019, he co-founded crypto financial services startup Matrixport. His estimated net worth is $1.8 billion.

Armstrong is the chief executive of Coinbase, the largest cryptocurrency exchange in the United States. His personal worth has reached an estimated $1 billion.

Dorsey co-founded Twitter and Square. With an estimated net worth of $2.6 billion, he launched Square Crypto last year, transforming Square and its popular Cash App by facilitating sales of Bitcoin, which he believes can become the internet’s native currency.

Although Changpeng “CZ” Zhao, CEO of cryptocurrency exchange Binance, is not included on the Forbes list, he ranks number one among crypto billionaires in the Hurun Global Rich List 2020 released earlier this year.

Trailing Amazon tycoon Jeff Bezos, the top Forbes 2020 billionaires are Microsoft founder Bill Gates, luxury goods titan Bernard Arnault, Berkshire Hathaway CEO Warren Buffett and Oracle co-founder Larry Ellison.

In ninth place, Walmart heiress Alice Walton is the world’s richest woman and the only female billionaire in the top 10, with an estimated net work of $54.4 billion. At age 22, Kylie Jenner tops the list of the world’s youngest billionaires with an estimated net worth of $1 billion.

Source: dailyhodl.com

Ledger Integrates Crypto.com Payments, Introduces Cashback on Purchases

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