Author: Matt Lui
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Zcash vs Monero
Privacy coins explained The goal of cryptocurrencies is to create a currency in which nobody has the power to create funds or can control all the funds. Supporting this notion is the blockchain technology, which allows a decentralised trading process to take place digitally by swapping cryptocurrency tokens. However, an inherent issue in the goal…
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What is Lisk? A Guide to Lisk
A Layman’s Introduction Lisk, in one sentence, is a cryptocurrency that is used by developers to make their own cryptocurrencies. Normally however, developers do not make it a currency, but rather create a token that can utilise the useful blockchain technology behind Lisk. Some existing projects plan to revolutionise digital privacy, academic accreditation and music.…
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BitPay vs Coinbase Compared – Which is the Better Trading Platform?
BitPay and Coinbase have long been expanding and competing in the cryptocurrency space. Currently, they both offer wallets, payment processing for online merchants and VISA debit cards. Wallet Comparison – Digital with BitPay or Online with Coinbase? Both BitPay and Coinbase offer internet connected (‘hot’) wallets to store your Bitcoin and other cryptocurrencies. Specifically, Coinbase…
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What is DigiByte: DigiByte 101
The Case for DigiByte Cryptocurrencies were designed to take every positive attribute of a currency possible, and put them together. DigiByte, is an attempt to build a fast, stable and scalable network to facilitate use of DigiByte as a cryptocurrency, as well as a myriad of other projects being built with its blockchain. In order…
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How (and Where) to Buy Siacoin
Is Siacoin a Cryptocurrency? Siacoin is the tradeable token used in Sia’s decentralised cloud storage service. Founded in Boston during 2014, Sia connects users who need computer storage with those willing to offer it through its decentralised service. Holders of Siacoin can either spend their tokens on Sia’s storage network or hope for long-term price…
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CEX.IO Review — The All-In One Exchange
As the cryptocurrency space matured, cryptocurrency exchanges split into two groups: Traditional exchanges, connecting buyers and sellers together like a stock exchange and charging a small fee on each transaction Brokers, who set their own price make a profit either through fees or the difference between their buying and selling rate CEX.IO combines these into…
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Bittrex vs Bitfinex — Crypto Exchange Comparison
Key Differences Bittrex Bitfinex Founding year 2013 2012 Location Seattle, United States Hong Kong Fees (overall) Low Low Transaction fees Low Very low Withdrawal fees None Low Deposit fees None Low & only on small deposits Currencies Over 100 cryptocurrencies Around 20 cryptocurrencies, 4 fiat currencies Account minimum None $10,000 to begin trading Deposit options…
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How (and Where) to Buy Factom
Is Factom a Cryptocurrency? Before you get started on the Factom journey, it’s a good idea to make sure you investigate exactly what a Factoid (the principal currency token of the Factom project) is. Factoids, in contrast to other blockchain tokens such as Bitcoin, are not intended to be used as a form of currency.…
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Kraken vs Poloniex
Key Differences Poloniex Kraken Founding year 2014 2013 Location Delaware, United States California, United States Fees (overall) Very low Very low Transaction fees Very low Very low Withdrawal fees None; just the cost to the exchange None; just the cost to the exchange Deposit fees None stated Very low and limited Trading interface Great Great…
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LocalBitcoins Review
How does it work? LocalBitcoins is a peer-to-peer Bitcoin exchange. In contrast to other traditional exchanges, your Bitcoins are bought or sold to other individuals rather than organisations who buy low and then selling higher than Bitcoin’s current price. This means that you could be purchasing your Bitcoins from your neighbor or your boss; and…