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Bitcoin started to surprise traders with recent impulsive pullbacks. Since the March of 2020, it was in an uptrend, with pullbacks and big impulsive moves. Despite the recent ups and downs Bitcoin, still has first place in the cryptocurrency market. Let’s take a look closer at the coin from March of 2020 till May of 2021. The price for one Bitcoin in November 2020 was 18,353 dollars. In a year from that, the price hit the mark of 44 000 dollars. And the tendency seems to continue in that direction, and soaring of price is inevitable. Then, from November to January 6 2021, the price move to 41,528...

This blog offers an overview of the tool or medium to store Bitcoin, i.e., Bitcoin wallet. We intend to explain the need for creating such as wallet along with its features, working and its types. Lastly, the ways to create a safe and secure as well as anonymous wallet are also explored. What is Bitcoin Wallet? In its essence, a Bitcoin wallet can be a software, hardware, piece of paper or an online web service that facilitates the retrieval and storage of digital assets by saving the public or private keys (asymmetric cryptography) for transactional processes. Fundamentally speaking, the wallet...

Bitcoin is the number one global cryptocurrency. Every year, more and more online stores add this crypto asset to the list of their payment methods. As a rule of thumb, paying with a Bitcoin is a legit and up-to-the-minute process. In this article, we will spill the tea on how to pay with Bitcoin. The bitcoin payment system is used all over the world. On any given day, an increasing number of sellers and firms are ready to allow you paying with a Bitcoin. By applying online, you can pay for groceries, gadgets, property purchases, and parenting. Nowadays, the prominent cryptocurrency has strengthened...

The recognition of bitcoin as a viable financial system by a growing number of institutions has led to the proliferation of over the counter trading platforms. Such rapid development is certainly a positive trend for the cryptocurrency market in general. However, diversity comes with its downsides, with some OTC services striving for excellence in customer service while others are choosing to cut corners at the expense of clients. In such a turbulent environment, finding the best bitcoin OTC broker may be quite a challenge. This article covers some of the most important aspects that would keep...

  The exponential growth of the cryptocurrency market in recent years has attracted the attention of big players in the financial market. However, despite its recognition throughout the world, the bitcoin market remains in the early stage of its development, which places noticeable restrictions on large-scale deals. Buying bitcoin in bulk on exchanges still entails the risk of price slippage, not to mention the possibility of crashing the market. In addition, many exchanges just don’t have sufficient liquidity to satisfy the demand generated by major investors. Because of these limitations,...

Without the risk of exaggeration, cryptocurrency is tricky. It may be satisfying to figure out how to buy bitcoin in bulk, but the journey does not end there. The question “how to cash out large amounts of bitcoin” is often even more baffling. In addition to being restricted by daily cash-out limits and subject to scrutiny from regulators, it may have undesirable effects on the market price of the cryptocurrency, not to mention taxes. Fortunately, the market has already responded to this demand by creating OTC crypto services – platforms that offer everything necessary for institutions and...

Over the past few years, Bitcoin has evolved from a hobby for enthusiasts to a large-scale business. BTC was recognized as a valuable asset by millions of people, who started to invest in this digital currency. Although most cryptocurrency enthusiasts prefer to buy a tiny amount of Bitcoin, the number of those who want to get a lot of digital currency is growing rapidly as well. If you have noticeable assets on your bank account and consider purchasing Bitcoins, keep in mind that the traditional method of buying BTC is not always the most convenient option. So how to get the maximum benefit from...

OTC desks are rightfully viewed as a go-to way for large bitcoin deals. This reputation is due to a number of advantages, such as discretion, price protection, and fewer limitations compared to exchanges. However, this is not to say they are flawless. Some of the risks are systemic, but a surprisingly big chunk is due to poor decision-making. So once you can answer ‘what is OTC trading’, make sure to familiarize yourself with the most common mistakes in the field. Keeping this information in mind will help you avoid financial pitfalls and, occasionally, pave the way to the best deals on the...

Bitcoin is in many ways different from traditional financial systems. One of the main differences is the level of control offered by it: you are ultimately responsible for the safety of your bitcoin. This is certainly a liberating concept, but with freedom comes responsibility: once you lose your coins, they are literally gone for good. In this light, you need to know how to store bitcoin if you don’t want to see an empty balance one day. However, trying to figure out the safest way to store bitcoin is confusing, with different companies promising ultimate protection through sophisticated encryption...

The digital currency has turned out to be one of the most prominent segments of the economy recently. The technology of blockchain has proven to steal the hearts of millions around the world – and became a profitable business. Numerous cryptocurrencies are rising each day, and the most successful one is definitely bitcoin, which has recently reached the exchange rate of $8000. If you have several BTC on your deposit, you probably need to know how to make use of your millions: one of the easiest ways is, of course, cashing out. Let’s discover which cash our methods of bitcoin are available...