At the beginning of 2017 the top two cryptocurrencies bitcoin (BTC) and Ethereum (ETH) were valued at $963.06 and $8.26 respectively. Throughout 2017 bitcoin gained in value, ultimately reaching an all time high of approximately $19,500 on the 18th of December 2017. Ethereum reached an all time high of approximately $1,400 on the 14th of January 2018. This meant that the early adopters of cryptocurrencies had a good year with incredible returns on their initial investment.
Coindirect has now launched a dedicated Exchange page where converting between your Coindirect wallets is a straight-forward and instant process. If you want to shift digital currency between any of your wallets without hassle or waiting periods, you’ll know where to go. The exchange works anytime of day, with any of the 35 digital currencies, in any of the 21 countries currently supported by Coindirect.
Making a career out of cryptocurrency can now be a reality, as you can become a full-time Trade Vendor on Coindirect. You’ll be your own boss by setting your own prices, working your own hours and creating your own Offers on the peer-to-peer marketplace. Being a Trade Vendor on Coindirect is different to simply buying or selling altcoins on the platform, as Vendors are able to fully customise their own sell and buy Offers. If you’re interested in becoming a Vendor we have 7 steps to get you going.
We recently launched our affiliate program to reward our loyal users for referring others to our platform. If you enjoy using Coindirect, referring your friends and followers can now benefit you, as well as help us to reach more people by expanding our growing community. We thought it would be useful to share 5 of the different ways you can promote your affiliate link to maximise your potential for earning passive income through our Affiliate program.
We’ve created a way to reward our customers for spreading the word about Coindirect, by giving you the option to earn passive income through our platform. We recognise how powerful word-of-mouth can be, so whether you’re a blogger, vlogger, social media influencer or even just a regular Coindirect user, you can benefit by joining this program. With daily payouts, the program aims to give back to the people helping to further expand the growing Coindirect community. It’s a win-win, and opting in is simple and free. See the steps below to find out how to get started.
Turning cryptocurrencies you own back into your preferred fiat currency is a crucial service that helps keep the cryptocurrency market functional. Luckily, selling your bitcoin is a straightforward process with Coindirect. In fact, any of our 35 cryptocurrencies on the platform can be sold after they are converted into bitcoin using the ‘Transfer’ function in our ‘Wallets’ tab.
With the rapidly expanding world of cryptocurrency, comes a whole new library of new terminology to help define it. The more you know, the better equipped you’ll be to understand all the exciting new developments happening in the industry. Hopefully by the time you’ve finished reading this article, you’ll be fluent in crypto-speak.
As the cryptocurrency landscape continues to expand, some altcoins are rising closer to the top by going in bold, creative new directions. The industry is currently experiencing an innovation boom, from building global business ecosystems, to blockchain-backed lending platforms. Each new coin that is introduced serves a unique purpose, with ICO’s funding new business ventures and others given as rewards for creating valuable content.
Let’s start off with the basics. ‘Bit’ refers to a small fragment of digital information, and ‘coin’ refers to the representation of money. Bitcoin was originally introduced in January 2009 and is credited as the first decentralised digital currency to use blockchain technology. Collectively, bitcoin refers to both the particular payment protocol that utilises an electronically distributed ledger (blockchain), and the digital currency that can traded using said protocol.
If you’re considering buying bitcoin, it’s important to, first and foremost, have a base understanding of what you’re buying into. The coin was introduced in early 2009 and is credited as the first decentralised digital currency to use blockchain technology. It was invented by Satoshi Nakamoto, but has since been released as open-source software, which means ongoing improvements can be made to the system when needed. It saw a dramatic increase in value in 2017, with 1 bitcoin going for less than 1,000 USD at the beginning of the year, and peaking at over 19,000 USD by mid December.