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. Instead, the Factom team’s whitepaper outlines that the Factoid, whilst …

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 Currencies ~100 ~10 + some fiat currencies Deposit limit Almost …

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 the two of you get the freedom set your own …

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 of decentralising the monetary system is that it typically results …

Exodus vs JAXX Wallets

What is a Cryptocurrency Wallet? Cryptocurrency wallets are the digital currency equivalent of your regular bank account or purse. They let you send, receive and store cryptocurrencies on your device of choice and are essential to the use of crypto. JAXX and Exodus are two of the most popular wallet services. In this guide, we’ll point out the key differences between the services so you …

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. This makes Lisk not only a valuable cryptocurrency to trade, …

EOS Vs Ethereum: Is EOS The Ethereum Killer It Is Hyped To Be?

Ethereum is the most valuable cryptocurrency next to BitCoin, but the two are fundamentally quite different. While BitCoin functions as a pure virtual currency or store of value, Ethereum is much more. It is an open-ended and decentralized platform that allows people to build Distributed Applications (“DApps”) and Smart Contracts on top of it. Today, a majority of altcoins and blockchain applications are built on …

Ripple vs. Stellar Lumen: Crypto’s Sibling Rivalry

XRP versus XLM   Ripple XRP Stellar Lumens XLM Market Capitalization $50 billion $8 billion Total Coins supply 103 billion 100 billion Algorithm Ripple Consensus Algorithm Stellar Consensus Protocol Intended use Faster and accountable transactions by banks Secure contracts and financial inclusivity Ideal Target User Mass payments users Individual users The world of cryptocurrency has absolutely exploded. 2017 was certainly a good year for the …

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 allows you to store them on their exchange’s website, Coinbase.com. …

Ripple vs Ethereum (XRP vs ETH)

Ripple’s XRP has been trading places back and forth with Ethereum (ETH) as the second largest cryptocurrency (by market cap) in the world. Is one really better than the other? Is it too late to buy into either of them? What do they even do? On this page you’ll find an in-depth comparison between these two cryptocurrencies: XRP vs ETH. We will start off covering …