Buy, sell and exchange crypto currencies by TechBank

TechBank is licenced & regulated European financial institution, a crypto exchange is licenced by Financial Intelligence UNIT (FVR000419), also operates a highly secure Crypto wallet service (Licence No: FRK000341), issues multicurrency CRYPTOBACK cards (Patent App No: GB1719487.9) and operates from its corporate offices in London & Estonia. Open a beautifully simple app-based global crypto account in minutes not days. We’re all about giving back! When you shop at your favorite brands through TechBank, we receive a commission and share it with you as Cryptoback in Bitcoin & CCRB.

Cryptocurrency is hot in 2019, a market that offers huge profit making possibilities. But it’s also extremely risky so before you dig in it’s better to be educated. Here are a few advices if you want to purchase cryptocurrency online in 2019. To start investing in Bitcoin and other cryptocurrencies you first need to sign up to an exchange which will offer you to buy cryptocurrency with cash. An exchange is basically an website that enables everyone to purchase and sell Bitcoin as well as any other cryptocurrency that they have listed.

It is extremely difficult to predict the rates for cryptocurrencies, as it is totally dependent on a large number of factors such as demand, supply, regulatory frame works around the globe, the number of supporters etc – and these factors are totally beyond anyones control. However a fair assessment on the potential of any given cryptocurrency can be made by experts, based on the demand and supply of that particular crypto.

The cryptocurrencies work like this: They are generated by the network in most cases to encourage peers, also known as nodes and miners, to work to secure the network and verify entries or transactions. Each network has a unique way of generating and distributing them among its peers. Bitcoin, for example, rewards its peers (miners) for “solving the next block”. A block is a group or entries with all transactions. The solution is to find a hash that connects the new block with the old one. From here comes the term chain of blocks. The block is the group of entries and the string is the hash. Hashes are a type of cryptographic puzzle. Think of them as Sudoku puzzles that the classmates compete to connect the blocks.

Consider Diversifying. With the above advice in mind, there is nothing worse than getting frustrated with BTC, moving to ETH / alts and missing a BTC price spike, then moving back into BTC and missing the ETH spike. This is very easy to do given the rotation, and the natural urge to “FOMO buy.” If you have some of your funds in all the coins you trade, you’ll avoid missing out on a unicorn (a term one can use to describe an odd event, like a giant price spike in a short amount of time). If you diversify, especially when prices are low across the board, you’ll avoid some of the urge to jump into one coin mid or late into a run and out of a coin just before it goes on its run. In other words, although it isn’t the most profitable tactic, diversifying is good for one’s sanity in a number of important ways.

TechBank handles all KYC/AML verification requirements and is licensed to handle customer’s crypto assets. We provide a regulated crypto custodial wallet service and fiat to crypto trade. All you need to do is do what you do best, provide the best software platform to exchange Crypto to Fiat and vice versa. Cryptocurrency arbitrage allows you to take advantage of those price differences, buying a crypto on one exchange where the price is low and then immediately selling it on another exchange where the price is high. Read extra details on Crypto exchange licenced by Financial Intelligence UNIT.

Now, I know this may sound obvious but it’s important for you to have a clear purpose for getting into cryptocurrency trade. Whether your purpose is to day trade or to scalp, you need to have a purpose for starting to trade cryptos. Trading digital currencies is a zero-sum game; you need to realize that for every win, there is a corresponding loss:. Someone wins; someone else loses. The cryptocurrency market is controlled by the large ‘whales’, pretty much like the ones that place thousands of Bitcoins in the market order books. And can you guess what these whales do best? They have patience; they wait for innocent traders like you and me to make a single mistake that lands our money to their hands due to avoidable mistakes.

Some investors, mostly beginners, want to make 20 trades a day. This is dangerous. Ultimately, many of them lose from fees or because they make bad trades a mistake and then trade more to recover their losses. Only to dig a deeper and deeper hole for themselves. The reality is that there aren’t 20 good trading opportunities in a day. Trading too much leads to poor decision making.

Once you’ve made your purchase, your new Bitcoin will be stored in your Coinbase wallet. You should then seek out the option to transfer these funds to the address of the Bitcoin wallet you have created that’s off the exchange. You will have to pay a small fee to do so, but that is part and parcel of Bitcoin transfers. Fortunately, the fees for such trades are far from their peak.

TechBank is a European headquartered licensed financial institution that avails you with services including a pre-paid crypto linked virtual card, cryptocurrency exchange and peer-to-peer market place. TechBank OÜ (14440607) is licensed by, Financial Intelligence UNIT. TechBank Crypto exchange (License No: FVR000419) & crypto wallet service (License No: FRK000341) Estonia. We’re not a bank we are fully licensed to handle customer’s crypto assets and handle crypto to fiat and fiat to crypto trades. We operate from our corporate offices in Estonia. Source: https://techbank.finance/.

For a full presentation please check https://docs.google.com/presentation/d/1B83NYRoJV1bf53iKMv-QA8DpfAnLj0lFrr2vTxdaMh0/edit?usp=sharing.