Trading signals and online forecasts

Online trading signals with results in real time on the financial markets from professional traders


Litecoin forecast for the week of July 19-25, 2021
Litecoin forecast for the week of July 19-25, 2021 Litecoin LTC/USD is trading at 126.99. Cryptocurrency quotes are trading below the level of the moving average with a period of 55. This indicates the presence of a bearish trend for Litecoin. At the moment, cryptocurrency quotes are moving near the average border of the bands of the Bollinger Bands indicator.As part of the Litecoin exchange rate forecast, a test of the level of 148.20 is expected. From where we should expect an attempt to continue the fall of LTC/USD and further development of the downward trend. The target of such a movement is the area near the level of 41.20. The conservative area for Litecoin sales is located near the upper border of the bands of the Bollinger Bands indicator at the level of 149.20.Litecoin signal for the week of July 19-25, 2021The cancellation of the option of continuing the decline of the Litecoin exchange rate will be a breakdown of the upper border of the bands of the Bollinger Bands indicator. As well as a moving average with a period of 55 and the closing of the pair's quotes above the area of 210.20. This will indicate a change in the current trend in favor of a bullish one for LTC/USD. In the event of a breakdown of the lower border of the bands of the Bollinger Bands indicator, we should expect an acceleration of the fall of the cryptocurrency.Litecoin forecast for the week of July 19 - 25, 2021 assumes a test of the level of 148.20. Then it is expected to continue falling to the area below the level of 41.20. The conservative selling zone is located near the area of 149.20. The breakdown of the level of 210.20 will act as a cancellation of the fall of the cryptocurrency. In this case, we should expect continued ...
Litecoin LTC/USD forecast for Today June 15, 2021
Litecoin LTC/USD forecast for Today June 15, 2021 Litecoin LTC/USD is trading at the level of 170.97. Cryptocurrency quotes are trading below the level of the moving average with a period of 55. This indicates the presence of a bearish trend for Litecoin. At the moment, the cryptocurrency quotes are moving near the average border of the bands of the Bollinger Bands indicator.As part of the Litecoin exchange rate forecast, a test of the 180.30 level is expected. Where to expect an attempt to continue the fall of LTC/USD and further development of the downward trend. The target of this movement is the area near the level of 130.20. The conservative area for Litecoin sales is located near the upper border of the Bollinger Bands indicator at the level of 181.00. Litecoin LTC/USD forecast for Today June 15, 2021 The cancellation of the option to continue the decline of the Litecoin rate will be a breakdown of the upper border of the Bollinger Bands indicator bands. As well as the moving average with a period of 55 and the closing of the pair's quotes above the area of 196.20. This will indicate a change in the current trend in favor of the bullish LTC/USD. In the event of a breakdown of the lower limit of the bands of the Bollinger Bands indicator, we should expect an acceleration in the fall of the cryptocurrency.Litecoin LTC/USD forecast for today, June 15, 2021 suggests a test of the level of 180.30. Further, it is expected to continue falling to the area below the level of 130.20. The conservative sales zone is located near the area of 181.00. The cancellation of the fall of the cryptocurrency will be a breakdown of the level of 196.20.In this case, we should expect continued ...
Litecoin trading forecast for the week June 7-13, 2021
Litecoin trading forecast for the week June 7-13, 2021 Litecoin LTC/USD is trading at the level of 181.70. Cryptocurrency quotes are trading below the level of the moving average with a period of 55. This indicates the presence of a bearish trend for Litecoin. At the moment, the cryptocurrency quotes are moving near the average border of the Bollinger Bands indicator bands.As part of the Litecoin exchange rate forecast, a test of the level of 230.60 is expected. Where to expect an attempt to continue the fall of LTC / USD and further development of the downward trend. The target of this movement is the area near the level of 88.20. The conservative area for Litecoin sales is located near the upper border of the Bollinger Bands indicator at the level of 280.20. Litecoin trading signal for the week June 7-13, 2021 The cancellation of the option to continue the decline of the Litecoin rate will be a breakdown of the upper border of the Bollinger Bands indicator bands. As well as the moving average with a period of 55 and the closing of the pair's quotes above the area of 290.20. This will indicate a change in the current trend in favor of the bullish LTC/USD. In the event of a breakdown of the lower limit of the bands of the Bollinger Bands indicator, we should expect an acceleration in the fall of the cryptocurrency.Litecoin forecast for the week of June 7-13, 2021 suggests a test of the level of 230.60. Further, it is expected to continue falling to the area below the level of 88.20. The conservative sales zone is located near the area of 280.20. The cancellation of the fall of the cryptocurrency will be a breakdown of the level of 290.20. In this case, we should expect continued ...
Litecoin LTC/USD forecast for today June 3, 2021
Litecoin LTC/USD forecast for today June 3, 2021 Litecoin LTC/USD is trading at the level of 182.97. Cryptocurrency quotes are trading below the level of the moving average with a period of 55. This indicates the presence of a bearish trend for Litecoin. At the moment, the cryptocurrency quotes are moving near the average border of the bands of the Bollinger Bands indicator.As part of the Litecoin exchange rate forecast, a test of the 196.80 level is expected. Where to expect an attempt to continue the fall of LTC/USD and further development of the downward trend. The target of this movement is the area near the level of 138.20. The conservative area for Litecoin sales is located near the upper border of the Bollinger Bands indicator at the level of 197.00. Litecoin LTC/USD forecast for today June 3, 2021 The cancellation of the option to continue the decline in the Litecoin rate will be a breakdown of the upper border of the Bollinger Bands indicator bands. As well as the moving average with a period of 55 and the closing of the pair's quotes above the area of 215.10. This will indicate a change in the current trend in favor of the bullish LTC/USD. In the event of a breakdown of the lower limit of the bands of the Bollinger Bands indicator, we should expect an acceleration in the fall of the cryptocurrency.Litecoin LTC/USD forecast for today, June 3, 2021 suggests a test of the level of 196.80. Further, it is expected to continue falling to the area below the level of 138.20. The conservative sales zone is located near the area of 197.00. The cancellation of the fall of the cryptocurrency will be a breakdown of the level of 215.10.In this case, we should expect continued ...

Articles about financial markets

How to gift a cryptocurrency
How to gift a cryptocurrency What should I give to a person who has everything? The most obvious solution is money. But a more original option is a cryptocurrency: ether, a share of bitcoin or a meme token. You can get a gift remotely, and watching the growth and fall of the crypt will turn into a new hobby.  We tell you what methods of giving exist and which digital currencies to choose as a gift.ContentTo gift a virtual crypto walletTo gift a cold wallet with cryptocurrencyTo gift a voucher for cryptocurrencyDonate cryptocurrency to charityWhich cryptocurrencies to choose as a giftTo gift a virtual crypto walletIf the recipient of the gift already has a cryptocurrency wallet, the issue is solved: it is enough to find out the account number (or by email address) and transfer the necessary amount from their own crypto wallet to the account. Such operations are absolutely legal — individuals in Belarus can buy, sell, exchange, store and send any cryptocurrencies using crypto wallets, exchanges and exchangers. At the same time, the cryptocurrency received as a gift and the income on it is not taxed until 2023.If a friend does not have an account, then you can create a new account, transfer cryptocurrency there and transfer access to it to the recipient.Many popular crypto wallets, for example, exodus or mycelium, do not require an email address when registering — it is easier to transfer such an account, because it is not tied to your personal data. The role of the access key is performed by a code phrase (a mnemonic phrase, a phrase or a seed) — a set of 12-24 words that must be entered in a certain order to gain access to the wallet. This key must be passed to the recipient — for example, to rewrite the phrase in a greeting card.There are three important nuances in this method of giving cryptocurrency:Don't forget to warn the recipient that the passphrase is extremely important. If the owner loses it, he will lose access to the crypto wallet and will not be able to restore it.You cannot change the passphrase or generate a new one for an existing wallet — the text key always remains unchanged. Therefore, in theory, the donor can use it after a while, which creates risks. The best option is to give a friend a temporary wallet (temporary wallet), from which he will transfer money to a personal account. Whether a friend wants to carry out all these manipulations is another question. And it is better to make sure in advance that a person is interested in the crypto market and trading — otherwise the gift is unlikely to please him.Regional restrictions. Many American and European services are not yet available in Belarus, Russia and Ukraine. For example, Coinbase does not officially work in these countries. Sometimes restrictions can be circumvented using a VPN, but the method does not always work. Therefore, you will have to choose from a limited number of services. In Belarus, it will not be possible to buy cryptocurrency without providing personal data, since crypto exchanges are required to verify each client — and this usually requires a passport scan. By the way, you can use not only wallets, but also exchanges for donation — in this case, you give access to an account that already has tokens stored on its account.Read more: What is Bitcoin Core? A simple guideTo gift a cold wallet with cryptocurrencyA cold wallet is a hardware device for storing crypto currency, which is something like a flash drive. This is the safest, but not the most convenient option. If you forget the password or lose the carrier itself, the cryptocurrency will be lost forever. For example, an American Stefan Thomas forgot the password from a flash drive that stores more than 7000 bitcoins, and lost access to crypto accumulations — and this is not the only case. In total, about $140 billion is stored in bitcoin wallets with forgotten passwords.When donating, the risks are about the same as in the case of an electronic wallet. When registering, you will need to create and remember a PIN code-a code and a phrase for restoring access (a phrase for restoring).You can order a wallet only on large marketplaces: the price for the most popular models (for example, Ledger and Trezor) varies from $60 to $260. It depends on how many different accounts the device allows you to have (for example, the Ledger nano c model supports 5-6 accounts, while the Ledger nano x supports up to 100), whether the device has an information display and a battery, whether it supports Bluetooth, and so on. In any case, such a gift will cost more than a virtual wallet with cryptocurrency.Top hardware wallets for cryptocurrenciesLedger Nano SLedger Nano X TresorTrezor Model T Read more: Crypto wallet: the most important & practical tipsTo gift a voucher for cryptocurrencyA voucher is a kind of gift certificate for the purchase of a crypt. You buy a voucher for a certain amount (for example, 50 euros) and specify the email address of the gift recipient. A special code will be specified in the voucher that will be sent to the post office. The recipient must enter it on the website where the voucher was purchased and specify the wallet address to which the amount in cryptocurrency equivalent to the value of this voucher will be transferred.One of the disadvantages of such a gift is that its recipient will eventually have to deal with the registration of the wallet himself in order to receive cryptocurrency. Also, vouchers are usually available only for the most common cryptocurrencies: Bitcoin, Ethereum, Litecoin. But this is the easiest way to give a cryptocurrency.Where to buy cryptocurrency vouchers:CryptovucherRechargeBit4coinBitnovoCoinsbyDonate cryptocurrency to charityCryptocurrencies can not only be given, but also donated to a charitable foundation. Therefore, if there is a desire to share ether or bitcoin with an NGO or a human rights organization, there are several options:Human Rights FoundationSave the childrenMATTERRainforest FoundationThe Water ProjectTor ProjectAnother option with the support of charity is the creation of an NFT token and its subsequent sale on platforms, for example, Rare. But in this case, you need to create a digital object and find a specialist who knows how to work with NFT platforms. You can attract 500-1000 dollars to Ethereum, even if you do not invest in promotion. And you can transfer the collected money to the fund, if it accepts the crypt, or convert it into fiat and credit it to the organization's account.Read more: What is NFT and why are they worth millions?Which cryptocurrencies to choose as a giftGiving cryptocurrency remotely resembles a long-standing trend in the United States, when people began to give shares of large companies to their loved ones. But the crypto market is not yet so popular among the mass audience. People have heard about it, but they don't quite understand how it works and what principles it works on. With this in mind, even bitcoin is still an unusual and original gift. If you look with an eye to the future, then a good gift option is Ethereum. Another popular project is the Polkado. He has revolutionary prospects and grandiose plans that are being implemented at the same time, which is rare for crypto projects. If a person understands the topic, you can give him an NFT token: for example, a picture or a meme registered as an NFT. But we must be prepared that NFT tokens are very ...
Overview of the Huobi Global Exchange
Overview of the Huobi Global Exchange Brief description of Huobi GlobalFounded in 2013, the Huobi Global Exchange is a centralized platform. According to the Coingecko resource, the exchange has an average (8) reliability rating. As of September 2021, 0 cryptocurrencies are traded on the exchange, the most active trading pair is ETH/USDT. The maximum trading volume for the last 30 days was reached on August 7 in the amount of 161,756 BTC.Verification: OptionalTelegram /huobiglobalofficialFaceBook /huobiglobalofficialTwitter /HuobiGlobalDetailed review of the Huobi Global ExchangeHuobi is a cryptocurrency exchange founded in China in 2013. It is registered in the Seychelles. Link to the official website of the exchange — Huobi.com. It provides opportunities for spot, margin, futures (perpetual contracts, options) and OTC trading. Confidently enters the top-3 in terms of trading volume (turnover-over two billion dollars in 24 hours). It exists both in the web version, and in the form of desktop and mobile applications.Read more: What are futures: types, features, advantages and risksWe offer a detailed overview of the functionality of the Huobi exchange, its advantages and disadvantages.ContentGeneral descriptionTeamFunctionalHow to trade on HuobiVerificationHow to trade on the Huobi exchangeMoney managementHT Token - description of the cryptocurrency from HuobiHuobi WalletHuobi Input and OutputCommissionsSafetyTech. Huobi supportComparison with other top exchangesAPI HuobiHuobi ReviewsAdvantages and disadvantagesConclusionGeneral descriptionRegistration on the platform is available to users from more than 130 countries of the world - wherever transactions with cryptocurrencies are not prohibited by law. Huobi is a multilingual platform that supports such languages as Chinese, English, French; German, Turkish, Portuguese, Spanish.TeamThe founder and CEO of the Huobi Group is Leon Lee. Previously, he worked as a computer engineer at Oracle. He graduated from the Department of Automation of Tsinghua University and became a successful entrepreneur in the field of financial technologies.Other team members:The Chief Operating Officer (COO) is Robin Zhu. He has experience in the field of corporate governance and practical data analysis. He also worked at Oracle at one time. Initially, he was deeply interested in the blockchain industry and Big Data.The head of the Security Department (CSO) is Simon Wu. He is responsible for risk management, previously worked in international consulting firms and government agencies, dealing with business security and management issues.The technical director is Roy Zhu. He was a technical expert at Alibaba, a partner and senior vice president of Jinshan Cloud, and also held a management position at Taobao. Is responsible for the research and development of new functionality.FunctionalHow to trade on HuobiThe Huobi exchange is designed to manage cryptocurrency assets in the following ways:Spot trading. Trading with instant settlement, when funds are transferred between the buyer and the seller here and now, based on the current market value of the asset.Futures trading. Trading contracts containing information about the value of the currency and the time of sale. By entering into such a contract, the buyer and the seller undertake to transfer funds at a specific rate and at a specific time. An effective tool for hedging risks.Margin trading. Trading with leverage — the user takes a certain amount of credit funds secured by the assets available to him and thereby can use a larger amount in trading than he has. This increases the potential profit, but also the risks. The available leverage level is individual for each currency.OTC. A P2P exchange platform that connects fiat money and digital assets. It is intended for institutional investors who make large transactions and want to do it completely in the legal field.The index is HB10. It includes 10 top cryptocurrencies, works in conjunction with an investment product that helps to invest funds in the entire basket of promising assets at once.Fiat. Quick purchase or sale of cryptocurrency for fiat money. Supported payment methods: VISA/Mastercard bank cards, Western Union, e-wallets.Huobi Global currently works with 286 coins (770 trading pairs).Read more: P2P: where peer-to-peer networks are usedVerificationTo start trading, you do not need to verify your identity, but you can pass it to expand the withdrawal limits and get access to additional functions. Go to the "Verification" section and enter the necessary information — passport or driver's license number, first name, last name, upload a scanned passport in JPG or PNG.Verification on the exchange is not required, but it gives additional advantages when using the platformThe information is manually confirmed by the exchange's employees, usually it takes no more than two days.How to trade on the Huobi exchangeLet's look at how to trade cryptocurrencies and tokens using the Huobi platform.In the central part of the screen, under the chart, there is a section for creating buy or sell orders. Huobi supports the following main types of orders:Market. The user specifies only the desired amount of cryptocurrency. The transaction is made instantly and at the market price that is at that moment.Limit. The user specifies both the amount and the cost of the cryptocurrency. As soon as a counteroffer appears, the order is automatically executed. All created limit orders are located in the so-called glass (or orderbook).Stop limit. A subspecies of a limit order. While a regular limit order is executed when the specified price is reached or better, the stop limit is executed at the specified price or worse.Trigger-an order (by limit or by market).Advanced tool-creates an order that is executed automatically immediately after the execution of another order. In the right part of the trading terminal interface, there is a history of all completed orders — date, volume and price. And at the very bottom — information about active and completed transactions of a particular trader.Money managementHuobi Global includes a number of opportunities for managing funds for investors. After entering the exchange, the following tools are available:Blocking and mining HT. Holders of the exchange token (HT) can participate in the airdrop. To do this, they need to block at least 100 HT on their account for a period of 7 to 90 days. After the expiration of the period, a bonus is awarded in the form of a certain amount of Huobi Pool Token (HPT).Landing page. Investment of USDT or BTC at interest for 10, 20, 30 days. The interest rate can be entered manually (from 0.01 to 0.09% per day) or set the optimal one. Other users then select suitable options from the entire pool of available offers.Storage of assets. Professional asset storage services for companies and institutions. Clearing and detailed reports are included in the price.Asset management. A digital asset service platform for professional users. There is a choice of three investment strategies with different levels of risk and profitability.Savings (available only after verification). A deposit account with an interest income. The interest is periodically adjusted, at the moment it is 7.28% per annum for USDT and 3.5% for BTC.A new Pool Savings section was also recently opened. This is a tool for working with DeFi tokens. It includes profitable farming of new and promising tokens.HT Token - description of the cryptocurrency from HuobiHT is a token, a cryptocurrency officially launched by the Huobi exchange in 2018. Functional purpose and why it is needed:Discounts from 10% to 95.15% on trading fees (depending on the number of tokens held).Participation in events and events held by Huobi.Farming of the HPT token.VIP status.Use as a guaranteed asset with a cross-margin.Deflationary burning scheme to maintain the value of the asset:Asset allocation schemeToday, there are HT holders in more than 180 countries around the world. It is traded, in addition to Huobi, on the Bibox, Bitforex, Coinsbit, HitBTC, MXC, etc. exchanges.Huobi WalletThe universal multi-currency wallet from Huobi Global can be downloaded from the links:For Android - https://play.google.com/store/apps/details?id=com.huobionchainwallet.gpFor iOS - https://itunes.apple.com/cn/app/id1433883012?mt=8The application supports most major cryptocurrencies (BTC,ETH, XRP, LTC, BCH, etc.), stablecoins (USDT, USDC, TUSD, DAI, PAX), most tokens on the Ethereum, Ontology, TRON, EOS blockchains.The main features of the crypto wallet include independent management of private keys, personal control over assets, data encryption, support for multi-signature and the ability to organize joint asset management. The simple interface allows you to perform operations in one click.Read more: What are Stablecoins and how do they differ from other cryptocurrenciesHuobi Input and OutputTo deposit funds to the Huobi Global exchange, you need to go to the Currency Account section, select the cryptocurrency of interest, for example, Bitcoin, and click Deposit.Copy the address and transfer the cryptocurrency to it from an external wallet (you can use a QR code for a quick transfer from a mobile application).The funds are credited to the exchange account after one confirmation by the miners, and after two confirmations they will be available for withdrawal.The minimum deposit amount is 0.001 BTC. The deposit address does not change every time, but only sometimes, the exchange notifies about this by email.To withdraw cryptocurrency, you need to go to the same section, but this time select the Withdraw button.Specify the address to which the coins should be transferred, and the required amount. The commission is indicated in the same window and covers the transaction costs, providing a quick transfer.The minimum withdrawal amount is also 0.001 BTC.Read more When Bitcoin appeared: telling the story of BTCCommissionsType of operation Commission feeSpot trading 0.2% maker and 0.2% takerMargin interest 0.098%OTC trades 0.1-0.2% maker (depending on the currency), 0% takerContract trades 0.02% maker, 0.04% takerEntry without commissionThe withdrawal is individual for each coin, indicated at the time of withdrawal (for example, for BTC — 0.0005 BTC).The table shows the standard indicators. Holders of HT tokens can reduce them. With a deduction, the fees look like this:SafetyThe Huobi exchange uses cold wallets, secure connection and data encryption to protect user funds. In addition, the user can independently increase the security level of the account if he performs the following actions:It will enable two-factor authentication — a simple and effective way to confirm login using the Google Authenticator application.It will link the phone number and confirm the email address.Associates accounts in other networks (Google, Facebook, Apple) with the Huobi account.It will set a complex password and an anti-phishing code.Read more: Network security. 2FA - two-factor identification methodsTech. Huobi supportYou can contact Huobi technical support via an online chat on the website. Other contacts and social networks of the project:Telegram https://t.me/huobiglobalofficialFacebook https://www.facebook.com/huobiglobalofficialTwitter https://twitter.com/HuobiGlobalBlog on Medium https://medium.com/@huobiglobalInstargam https://www.instagram.com/huobiglobalofficial/YouTube https://www.youtube.com/HuobiGlobalAPI HuobiThe Huobi Exchange provides documentation for developers (API) for free. It can be found at https://huobiapi.github.io/docs/spot/v1/en/#change-logIn the top menu, you can switch to another type of trading (spot, futures, options, margin swaps). Information on all categories is constantly updated. The developer can subscribe to email notifications to keep everyone up to date with the latest changes.Huobi ReviewsThe site has both positive and negative reviews, there are about the same number of them. Users complain about high commissions, problems with the NEM cryptocurrency, as well as insufficient functionality — despite the fact that the platform keeps up with the times and regularly introduces new features, it is not yet possible to work only with it without resorting to the help of other large trading platforms.Nevertheless, trading volumes show that most users consider the platform to be the best option for exchanging certain currency pairs (the most popular is BTC/USDT).Advantages and disadvantagesAdvantages:The exchange is in the top in terms of trading volume and liquidityOwn functional tokenDeveloping functionalityPositive feedbackOptional verificationA large selection of trading pairsMobile and desktop walletsReferral programDisadvantages:Some functionality has been cut for popular cryptocurrencies. For example Bitcoin and USDTConclusionThe Huobi cryptocurrency exchange is actively developing and tracking current trends, such as earnings on DeFi tokens. A strong team, the introduction of new options, adequate commissions-all this speaks in favor of the site and adds respectability to it. Now there is such a time in the cryptosphere that it is impossible to keep up with trends, otherwise the project will instantly lose part of the market.Read more: What is decentralized finance ...
TOP 5 cryptocurrencies of crypto market
TOP 5 cryptocurrencies of crypto market Today, few people have not heard about cryptocurrencies and blockchain technology due to the activity of the media and social networks. The CoinMarketCap rating is regularly updated with new coins.However, investors need to remember one important point when compiling a portfolio. Despite the fact that 2212 coins have been added to CoinMarketCap at the moment, only the TOP 5 cryptocurrencies account for about 95% of the total capitalization, while the rest account for no more than 5%. That is why coins from the TOP 5 should make up a large part of the investment portfolio.Litecoin (LTC)Binance Coin (BNB)Tether (USDT)Stellar (XLM)Cardano (ADA)Litecoin (LTC)The Litecoin cryptocurrency is one of the oldest coins, which originated in 2011 as a fork of bitcoin. The founder is a well-known person in the crypto world named Charlie Lee. Like bitcoin, Litecoin provided a peer-to-peer environment for making direct payments. From the very beginning, the cryptocurrency was called "digital silver", again, by analogy with Bitcoin.  In the first years of its existence, the Litecoin code was practically no different from Bitcoin, except that the SHA-256 encryption algorithm was replaced by Scrypt, which at first allowed the cryptocurrency to be "asic-resistant", and miners to use central and graphics processors to participate in mining. The issue was also increased fourfold (up to 84 million LTC) and the time for creating a new block was reduced (up to 2.5 minutes). This made it possible to make the Litecoin blockchain faster.Read more: What is SHA-256However, over the past few days, Litecoin has increasingly deviated from the original code due to the introduction of new technologies and improvements:Lightning Network to improve the scalability of the network and increase the speed of payments;SegWit, which increased the block size and reduced the transaction delivery time;Atomic swaps with three cryptocurrencies at once Decred( DCR), Vertcoin (VTC) and Bitcoin (BTC). In addition, the developers have expanded the capabilities by adding a hashed contract function.Despite the fact that Litecoin does not represent any radically new technologies, the cryptocurrency is already used on many platforms as a means of payment. And the fact that you can buy it on almost any exchange, including on large exchanges such as Binance, Bitfinex or Huobi, is not even worth talking about.Read more: Overview of the Huobi Global ExchangeBinance Coin (BNB)The Binance Coin cryptocurrency is an internal token of the Binance cryptocurrency exchange. It is used for conducting operations on the site: payment of commission when executing transactions, it is traded in pairs with all coins added to Binance, provides traders with additional opportunities for long-term storage of BNB. In addition, some services accept Binance tokens as a means of payment.  It was originally created on the Ethereum blockchain according to the ERC-20 token standard. However, in the winter of 2019, Binance launched its own Binance Chain network, after which Binance Coin was transferred to the "native " blockchain.Over the past few months, the Binance Coin cryptocurrency has shown good growth, especially against the background of the prolonged crypto winter. This was facilitated by several events at once.First, Binance offered a new ICO model on its Binance Launchpad platform-IEO, where BNB was, if not the only coin for which you could buy tokens, then always one of several. In addition, on the Binance DEX decentralized exchange, the BNB coin will act as a "native" coin, just like on Binance. Among other things, the founders continue to regularly "burn" BNB tokens, which positively affects the price of Binance Coin.        Looking at the BNB exchange rate chart, it is worth saying that Binance Coin is deservedly included in our TOP 10 cryptocurrencies, because its value has almost doubled over the past few weeks. In addition, the current price even exceeds the indicator of the winter of 2018, when absolutely all cryptocurrencies grew. Read more: What is an ICO?             Tether (USDT)The Tether cryptocurrency is a coin that became the first stablecoin that gained popularity in the crypto world. The Realcoin project, launched in July 2014 by the vice president of the world-famous Starbucks company, marked the beginning of this coin. The idea was to create a cryptocurrency, the price of which would be pegged to the dollar exchange rate. However, this cryptocurrency was not in demand, and therefore a full rebranding was carried out a couple of months later. Immediately after that, Tether was added to one of the largest exchanges, Bitfinex.    Tether is one of the most scandalous cryptocurrencies in the entire crypto world. The coin has earned this reputation from the very beginning. The creators said that Tether and the Bitfinex crypto exchange are not connected in any way, but later the Paradise Papers documents surfaced, which confirmed the connection between the companies.Another scandal is related to the fact that Tether Limited could not prove the security of tokens with fiat assets, since it never conducted open audits. And in the spring of 2019, information surfaced on the network that some of the coins are provided with bitcoin.Tether is a fully centralized cryptocurrency. The issue of tokens and verification of payments is handled by Tether Limited, and to work with tokens, you need to pass verification.However, despite all the disadvantages described above and the presence of promising competitors in the face of younger stablecoins, Tether still remains the leader in this category of cryptocurrencies. At the time of writing, the cost of one token is $1 with a capitalization of almost $3.4 billion. However, over the entire history of the coin's existence, its value has varied between $0.91- $1.06.Read more: What are Stablecoins and how do they differ from other cryptocurrenciesStellar (XLM)The next is Stellar, which was created under the slogan "people's cryptocurrency", in contrast to the XRP cryptocurrency, on the basis of which it was originally launched.To be more precise, Jed McCaleb, one of the founders of Ripple, left the project in 2014, deciding to launch his own crypto product. From the very beginning, the Stellar cryptocurrency worked on the Ripple blockchain, but in 2015 the team rebranded and transferred the coin to its own blockchain called the Stellar Consensus Protocol (SCP). The tokens also received a new name-Lumens.The creators did not conduct an ICO, but the project has a major investor - the Stripe company, which invested $3 million in Stellar. The coin confirmed its status as a "people's cryptocurrency" by the fact that, unlike Ripple, it made mining available to everyone. However, as a reward, nodes receive only small commissions, which does not greatly encourage users to become miners.The goal of creating the Stellar cryptocurrency is to create a network for fast and cheap payments that are accessible to ordinary users, and not banks, as in the case of Ripple. Regardless of the transfer amount, you need to pay a commission of 0.00001 XLM (~$0.00000126 at the exchange rate at the time of writing this article). One of the huge advantages of this coin is the support of fiat currencies, thanks to which you can make cheap transfers even to countries where there is no technical possibility to use cryptocurrencies.The Stellar protocol initially includes an annual inflation rate of 1%, so 1 billion new XLMs are issued every year.Cardano (ADA)This is a new generation cryptocurrency, which the developers themselves position as "Blockchain 3.0". The idea of creating this coin belongs to one person named Chals Hoskins, but there are three companies behind the creation and development of Cardano — IOHK, Emurgo and the Cardano Foundation.Work on the Cardano cryptocurrency began back in 2015, but the coin was presented to the crypto world only in 2017. The development was carried out with the money raised through the ICO - a total of $63 million was raised after the sale of almost 60% of the tokens from the total amount of 45 billion ADA. Interestingly, 95% of all tokens at the ICO were purchased by Japanese investors.    Cardano is not just a cryptocurrency for making payments in a decentralized environment, it is a whole ecosystem for creating dApps, conducting voting and many other functions. It is a direct competitor to Ethereum, but Cardano offers anonymity, higher speed of payments, advanced smart contracts. In addition, according to the developers, the cryptocurrency offers the user a higher level of security by working on the Ouroboros consensus algorithm — the first and so far the only protocol with mathematically proven security. In addition, according to the "roadmap", developers will implement algorithms for protection against quantum attack.  But despite such innovative solutions and ambitious plans, Cardano is currently experiencing difficult times in the cryptocurrency market. The price of one coin is now $0.09 compared to the peak of $1.15 in January 2018. At the same time, the current capitalization is $ 2.35 billion:       ...
Mining farm for cryptocurrencies. How to build a farm in 2021
Mining farm for cryptocurrencies. How to build a farm in 2021 A mining farm is a structure that consists of special equipment aimed at mining cryptocurrency. The main incentive for creating a mining farm for its owner is the opportunity to generate income. Profit generation occurs upon finding blocks of cryptocurrencies that use the Proof-of-Work algorithm. The most interesting of them are Bitcoin, Ethereum, Grin, Bitcoin Gold, Monero and others. The profit will depend directly on the number of devices on the mining farm and on the cost of its maintenance.In most cases, large farms work in warehouses and hangars. If this is a small installation, then the miner can place it at home.To determine the equipment, namely its efficiency, miners use special services-calculators. Such resources give an approximate idea of earnings in a certain period of time.We will tell you later in the article about which mining farms are better to use, how to install them and how much you can earn on this.What is a mining farm?Types of farms for miningCPU farmsGPU farmsFPGA farmsASIC farmsHow the mining farm worksWhat you need for a mining farmAccessories for mining farmsThe necessary characteristics for profitable miningThe ratio of power and energy consumption of the deviceMemory size and speedComplexity of operationHow to choose mining equipmentHow to build a farm for miningPreparing for the installation of a mining farmHow to make a mining farmSetting up a farmHow and where to buy a mining farmMining Farm PricePayback of the mining farmWhat cryptocurrencies to mine on a farm in 2021GrinBitcoin GoldZencashZclassicRavenCoinMining farm with your own hands — useful tips and guidanceInstalling the caseInstalling the motherboardInstalling the power supply unitAdding a GPUBuying a ready-made mining farmWhat is a mining farm? A mining farm is a powerful computer system configured for cryptocurrency mining. In simple words, this is an installation that consists of two or more units of special devices located in one place, and aimed at mining cryptocurrencies by implementing complex calculations.So, as they are solved, the miner receives a reward, while the new extracted block, which directly contains this solution, is added to the cryptocurrency blockchain.In fact, managing a mining farm is no different from mining on a single device - the only difference is in scale.Thousands of pieces of equipment can work simultaneously on mining farms. It is for this reason that their main location is in areas with cheap but stable electricity supply. Note that the manufacturers of mining equipment own one of the largest mining farms in the world.And although it may seem that only the richest companies can manage a mining farm, in fact, everyone can create a similar one. All you need is a couple or more devices and an Internet connection. In addition, mining cryptocurrencies on a smaller scale is still profitable these days.Types of farms for mining CPU FarmsThese are constructions that implement the mining process based on the operation of the central processor.Today, CPU farms are the least efficient option for mining, but they still have the right to exist.After all, while mining bitcoin, Litecoin, Ethereum using central processors is initially a failed idea, CPU farms are great for mining cryptocurrencies using the Scrypt algorithm (for example, Dogecoin or DigiByte). Such farms are mainly popular among miners engaged in mining little-known coins, which in the future will probably be able to unlock their potential.GPU farmsThey are specialized electronic circuits that are commonly used in computers and gaming systems. In this case, they perform a wider range of operations, that is, cryptocurrency mining.Miners use the computing power of video cards to mine the widest range of coins. And although video cards are bundled with any computer, usually high-quality GPUs with higher computing power are used on this type of farms. Most often, video cards are used for mining Ethereum.  FPGA farms Field Programmable Gate Array - devices that support programmable matrices, thanks to which, in fact, the process of cryptocurrency mining is carried out. This type is interesting to miners not because of the speed of production, but due to energy efficiency.So, if a typical video card with a bandwidth of 600 MHz/s consumes up to 400 watts of energy, then the FPGA provides a data transfer rate of 826 MHz/s with a power consumption of about 80 watts.But this is their only advantage, and therefore this type of farms has not been widely recognized among miners.ASIC farmsThese are constructions made of specialized integrated circuits designed to process a specific blockchain. And although ASIC miners are more expensive than their alternatives, the performance of these farms is also much higher than that of competitors. This type will be the optimal solution for mining coins on the Bitcoin, Bitcoin Cash or Litecoin blockchains.How the mining farm works Let's start with the fact that the power level of the mining farm is ten times higher than this indicator for a home computer. In addition, this power is directed to a single operation (cryptocurrency mining), and is not used to support programs and the system as a whole, unlike, for example, the CPU.The result of the work depends on the number of devices and power. Note that miners participate in mining not for the sake of pleasure, but, first of all, for the sake of money.As the farm starts, the equipment performs complex calculations aimed at finding a specific number that satisfies one pre-defined and well-known condition, after which a block is created for which the miner receives a reward.So, the greater the power aimed at decoupling these calculations, the faster the solution will be found, and, consequently, the sooner the reward will be received.In order for the farm to work efficiently, its condition must be monitored. Depending on the scale, both one person and an entire team can monitor the correct operation of the equipment.It is necessary to regularly check the system for possible errors and information about the operation of mining pools.To avoid getting viruses and other malicious software into the system, it is not recommended to download firmware for overclocking equipment from third-party resources.If devices with a hashrate indicator that do not comply with the standards are detected, the problems should be confirmed and resolved in a timely manner. If the problem is not fixed on the spot, then the equipment should be given for repair or returned to the manufacturer for maintenance.What you need for a mining farm In order for the mining farm to bring the desired income, its owner needs to take care not only of the correct assembly of the structure, but also of certain components that will facilitate its maintenance.Accessories for mining farmsFor an effective mining process, the farm must consist of the following components (let's look at the example of a farm for mining from video cards):The motherboard. A powerful motherboard will be able to increase the working life of the farm (ASRock, AFOX, Gigabyte, Asus).The power supply unit. Mining consumes a huge amount of electricity. It is recommended to use a power supply with a power of at least 750 W, depending on the needs (GreenVision, Chieftec, Aerocool).Processor (AMD, Intel).Video cards. The optimal number of cards for one farm is 4-6 units, with a speed of at least 400 x / s (Nvidia, AMD, Sapphire, Gigabyte, Asus).RAM. For the installation to work effectively, you will need at least 4 GB of RAM.Vertical-mounted cables help connect graphics cards to the motherboard (Atcom, HQ Tech, Cablexpert).The hard disk, in fact, is only needed to install the mining farm software (from 60 to 120 GB is enough).You will need a fan for additional cooling (NSI, Zotac Polit, Gigabyt).The Linux operating system is considered the best operating system for mining. However, Windows or iOS are still excellent alternatives to it.Accessories - monitor, keyboard, mouse and USB cables. You will need them to set up a mining farm.The case for assembly - will help to fix all the components of the installation.The necessary characteristics for profitable miningThe selected mining farm must have certain characteristics so that its owner receives income from mining:The ratio of power and energy consumption of the deviceFirst of all, we pay attention not only to the cost of mining equipment, but also to its return. The fastest payback is the main goal of every miner. Therefore, the ratio of power and energy intensity will directly affect the amount of income received.Memory size and speedThey affect the availability of algorithms for mining. Cards with a small amount of memory are unable to extract a large range of hashing algorithms.The amount of memory of a mining farm based on video cards must be at least 4 GB.The efficiency of mining depends on the speed, and, accordingly, its profitability.Complexity of operationWhen it comes to video cards, the best option here is an installation that includes from 4 to 6 GPUs.On the other hand, the number of installed video cards directly affects the stability of the farm, as well as the level of complexity of configuration and operation — respectively, the fewer of them, the easier it is to configure the farm.How to choose mining equipmentNote that only cryptocurrencies built on the POW consensus mechanism participate in the mining process.However, since different blockchains use different algorithms (SHA-256, Equihash, X11, and others), the hardware requirements differ for each coin mined.Read more: What is SHA-256In many cases, devices are designed to solve only one of these algorithms. For example, the equipment used for mining Monero (XMR) will be less effective when mining Bitcoin (BTC) or even inefficient. But at the same time, the mining of many cryptocurrencies can be implemented on the same device. The choice and the expected financial result will depend on the coin.How to build a farm for mining Decide on the room.Decide on a coin for mining;Create a wallet for storing coins;Install mining software;Join the mining pool;Set up a mining farm.Below you will find a description of each step with all the details.Preparing for the installation of a mining farmThe first step is to determine the scale of the activity. If this is an installation that includes up to several dozen cards, then it can be assembled at home. But if these are hundreds, or even thousands of devices, then there can be no question of a residential building. First of all, they are very noisy and have a high heat transfer. This may cause inconvenience when placing in the apartment.In addition, mining farms require certain conditions for effective operation, including moderate humidity and indoor temperature, in the presence of a powerful source of electricity.You should decide in advance which cryptocurrency will be mined by the mining farm. To determine the most profitable coins, they usually use yield calculators, which will be described below. As soon as the coin is selected, it remains only to decide on the equipment and start mining.But how will the user get his coins if he does not have a wallet for storing cryptocurrencies? Yes, in any case, you will have to create a cryptocurrency wallet. This can be a mobile application, a hardware device or a web application that will receive a reward with the possibility of subsequent storage.Next, we join the mining pool, install the software and configure the mining farm.Note that currently professional miners mainly use farms made of GPU and ASIC. But the latter are much more efficient at mining than the GPU, given their targeted functionality.How to make a mining farmWhen buying equipment, first of all, it is worth checking it for damage. This can be either an already assembled mining farm, or its components for assembling with your own hands.So, we start with checking the cables. Next, the graphics processors, the power supply and all other accessories are connected to the motherboard. We check the GPU drivers for the fact that they are updated and proceed to the next stage.Setting up a farmAt this stage, you should download the mining software: BFGminer, CGminer, NiceHash. Note that this software is freely available, you can download it on the developer's website or through unofficial binary files for Mac users.Let's look at the configuration process using the example of the CGminer program.We load the program and execute the following command line arguments:Unpack cgminer into a folder. We give the folder a name.We clamp the Windows and "R" keys at the same time.Enter "cmd" and press "Enter".We use the cd command, then go to the directory where the cgminer zip file was downloaded.Enter "cgminer.exe – n".So, next, a list of devices available on the computer will appear, among which there will be customizable video cards.If the list of available video cards does not appear, it means that the settings were made incorrectly and the procedure should be repeated.At this stage, the miner should already have a cryptocurrency wallet registered and an account created in the mining pool. As we get access to the pool data, we enter commands into the bat. file, activating it with a double click. Here is the guide:«C: \ Cgminer \».The URL of the mining pool server.The server port number.The user's username.The name of the Worker.Password.Cgminer software shows the hashing speed of both CPU and GPU.Note that on average, the data processing speed on video cards is about five times faster than mining on the processor.How and where to buy a mining farm The purchase process should not cause any special inconvenience. The main thing is to decide on the right model. So, you can make a purchase either directly from the equipment manufacturer or from its dealers.As for the first option, in this case, the consumer protects himself from overpayments and possible fakes, but in return he receives it only after a few months. Of course, if it is on the shelves of the manufacturer at all.In most cases, dealers instantly disassemble models that are in demand among miners. Therefore, if the manufacturer does not have equipment due to increased demand, or because of decommissioning, then you can search for the model on sites specializing in the sale of mining equipment. When buying equipment on the dealer's website, it will be delivered much faster, although the price may be an order of magnitude higher. In addition, if the search for new models has not been successful, then there are a large number of resources on the Internet offering used equipment for purchase.To buy a mining farm, it will be sufficient to specify the model of the requested equipment in the search bar, after which a list of sites offering similar models for purchase will appear.In addition to Internet sites, sellers place ads for the sale of equipment on thematic forums, in specialized groups in social networks, in Telegram messengers, etc.Mining Farm Price For competitive mining, miners must invest in powerful hardware, such as a GPU or ASIC. But how much does a mining farm cost? The design will cost the buyer from a thousand dollars to several tens of thousands, depending on the scale of activity.Equipment prices are very unstable and are subject to changes every day. There is a high probability that the miner will be lucky to buy a used structure in good condition, which will be an order of magnitude cheaper than buying a new one.Note that miners prefer farms made by Nvidia. Compared to AMD, the "green" video cards produce coins with greater efficiency and with much less energy consumption.Payback of the mining farm Mining is one of the most profitable ways to get coins. But this activity requires a willingness to invest. Thus, the miner needs to have good equipment before starting production.But even if you build an expensive non-standard rig for cryptocurrency mining, no one can guarantee its profitability. In order to calculate how much profit a miner will receive from the operation of a mining farm by mining a certain coin, you should use the profitability calculator. Such a service will give an idea of the approximate terms of return on investment based on the calculation of the daily profit from the work of the farm.  Here are some examples of popular services:CryptoCompare is another popular mining profitability calculator. For calculations, you must specify the following parameters: hashing power, the cost of energy consumption and the size of the pool commission (if necessary). The calculator will calculate the profit coefficient per day or per month.WhatToMine offers to calculate the income from mining on the GPU and ASIC. It is only necessary to select the necessary equipment and the system will automatically calculate the hashrate. However, it is worth noting that the user interface of this resource is not as easy to use as in previous services.Let's look at the example below to see what profit miners get from cryptocurrency mining. For example, if you decide to mine Ethereum on a farm of 4 Nvidia 1080Ti video cards, the income will be about $3.41 per day or $85 per month.In addition to the power and energy intensity of the equipment itself, when calculating the payback of the installation, it is worth considering:The cost of equipment to support miners, including shelves for its installation, power supplies, cables, accessories, and the like.The cost of electricity during the operation of all devices, in addition to the mining farm.The cost of uninterrupted and stable Internet access.Network complexity (the level of complexity increases over time).The equipment can quickly become outdated, and therefore there is a need to update the components.Costs incurred due to downtime. The equipment tends to fail, so it is necessary to take this point into account when calculating the profitability of mining.Shipping costs and customs fees.The cryptocurrency exchange rate. This factor is the most unpredictable of all, and there is always a chance that the mined coin will become worthless. Thus, there are no guarantees that the investment will pay off, even if the cryptocurrency market goes up.What cryptocurrencies to mine on a farm in 2021 Before you start mining any cryptocurrency, it is worth studying its course and evaluating the prospects for development. A useful tool for this is the analytical service CoinMarketCap.Below is a list of the TOP 5 coins that are interesting for mining in 2021:GrinGrin is a relatively new cryptocurrency based on the Cucatoo31+ and CuckARood29 algorithms. It is interesting from the side of ensuring the confidentiality of transactions, which are based on the MimbleWimble technology.Grin has an unlimited number of coins, which certainly attracts miners. The complexity of mining changes dynamically in accordance with the hashrate of the network. Reward for mining: 60 GRIN per block. The current market value is $0.44 according to CoinMarketCap.Bitcoin Gold The Bitcoin Gold project officially started on October 24, 2018. The main task is to return mining from large farms to PCs, for which the transition from the SHA-256 algorithm to Equihash was carried out.Thus, the Bitcoin Gold cryptocurrency does not support mining on ASIC.Mining reward: 12.5 BTG per block. The current market value is $27.9 according to CoinMarketCap.ZencashZencash is a representative of a fairly extensive family of cryptocurrencies based on the Zerocoin protocol, released in May 2017. At the same time, the cryptocurrency was formed as a fork of Zclassic (a fork of Zcash). Zencash can be called an intermediate solution between the previous two. ZEN miners get 88%. The current market value is $46.14 according to CoinMarketCap.ZclassicZclassic is another fork of the popular and widely used cryptocurrency Zcash. The fundamental difference from the parent coin is that the entire reward goes to the miners, and 20% of the extracted ZEC goes to the addresses of the developers. The current market value is $0.28 according to CoinMarketCap.RavenCoinThis fork of bitcoin appeared in 2018 and already boasts high liquidity. Today, the cryptocurrency occupies the 57th position in the CoinMarketCap rating with a market capitalization of more than $159 million. It uses the X16R algorithm and the PoW protocol. Mining reward: 5000 RVN (blocks are mined every minute). The current market value is $0.15 according to CoinMarketCap.In addition to the above cryptocurrencies, it may be interesting to double mine coins like LBRY or DECRED on additional GPU memory. It is better to mine coins on the processor, such as Loki, Monero or Sumocoin.Watch a useful video on how to properly assemble a mining farm and make cryptocurrency mining more profitable in 2021:Profitable mining farm in 2021 Mining farm with your own hands — useful tips and guidanceCreating a mining farm with your own hands may be of interest to those miners who do not want to spend money on buying a ready-made structure.Installing the caseThe first thing we need is a case. It is recommended to use an aluminum frame, as they are more rigid and flame-repellent, unlike wooden ones. It will help to hold the equipment. If the farm consists of 4 video cards, you can use an old computer case, a box, a rack, etc. as a frame.Installing the motherboardPlace the motherboard on a flat, non-static surface and carefully insert the cable into the connector. Place the motherboard in the case and secure it with screws.Be careful that the motherboard does not touch the metal surface, since metal surfaces are current conductors.Installing the power supply unitIt is necessary to connect the motherboard to the power supply. It is advisable to connect all additional cables that may interfere. Sometimes it can be difficult to fix the wires carefully, so be patient.The next thing you need for the GPU. This is to take the power cables and place them next to each place of the GPU along the structure.Adding a GPUBefore you start connecting the GPU to the motherboard socket, fix them in the case. After that, connect all the cables to the GPU. The advantages of mining on the GPU will outweigh mining on the processor. So, a mining farm on a GPU will cost more than a CPU, but it will have a higher hashing power. It will also support the mining of a wide range of cryptocurrencies with different hashing algorithms, which also brings additional benefits.A mining farm assembled with your own hands can be cheaper from a financial point of view, but it is unlikely to justify itself in terms of time and labor costs compared to the finished design. Therefore, before choosing a solution, it is necessary to carefully calculate everything.  Buying a ready-made mining farmIf you want to start mining as soon as possible, buying a pre-mounted farm may be the best solution. It will cost more, but it will save time (in the sense that the miner will be able to start returning his money much faster).Many companies offer to buy a ready-made assembly at a price of $2000 or more, depending on the selected characteristics.Any of them will pay off in at least a year. If there is no experience in creating farms, then it is better to go this way.Note that in addition to the difficult assembly, it will take much more effort to manage a large mining farm on the GPU than when managing an ASIC data center. In this regard, large players choose the second option, leaving mining on video cards to small companies and individuals.If a miner can afford mining on an ASIC farm, then he will get not only a simpler farm, in terms of equipment management, but also more efficient cryptocurrency ...
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