Author: changehero
August 23, 2019

Cryptocurrency is almost everywhere now. People from around the world are talking about the big wave of cryptocurrency adoption and the impact it is having on us. This fall, crypto space is filled with a great variety of conferences, seminars, and meetings, where like-minders meet to discuss the future of blockchain. ChangeHero made a list of […]

Cryptocurrency is almost everywhere now. People from around the world are talking about the big wave of cryptocurrency adoption and the impact it is having on us. This fall, crypto space is filled with a great variety of conferences, seminars, and meetings, where like-minders meet to discuss the future of blockchain.

ChangeHero made a list of the most important and exciting blockchain events for crypto seekers in September 2019.

Don’t miss a thing and check out our recommendations.

World Blockchain Forum

Date(s): September 1–3, 2019

Venue: Business Design Centre

Location: London, United Kingdom

At World Blockchain Forum participants will focus on discussing the frontier blockchain technology problems, sharing the latest blockchain news, applications in all kinds of industries. The event is the go-to place for all the blockchain enthusiasts and startups to network and expands their reach. The two-day Blockchain event presents a great number of revolutionary insights, projects, discussions about opportunities and challenges stimulating the innovation of blockchain technologies and computer intelligence.

World Blockchain Forum, London
World Blockchain Forum, London

More than 100 speakers are going to share their thoughts on the World Blockchain Forum 2019. The keynote speakers include Yacine Terai (CEO, StartupToken), Marc Low (CEO, Fuel Network), Hon. Wayne Caines (Minister of National Security, with responsibility for ICT Policy & Innovation | Government of Bermuda), Pierre Noizat (Founder & CEO, Blockchain.io)
and others.

DeFi Summit London

Date(s): September 10–11, 2019

Venue: Imperial College, South Kensington

Location: London, United Kingdom

If you want to find out more about decentralized finance, you should attend the DeFi summit. It is a 2-day event focused on decentralized financial themes: Banking The Unbanked & Financial Inclusion, DeFi Maturity and Adoption, Compliance & Regulation, DeFi Trading, Open Finance & Economic History, Risk and DeFi Composability. The conference is aimed at contributing to the development of Decentralized Financial system. This community conference is going to gather blockchain trainers, entrepreneurs, academics, investors, regulators, and other like-minders who are looking to learn and take part in the DeFi industry.

Bartek Kiepuszewski (Co-Founder of OasisDEX, Executive Director, Blockchain Architect, MakerDAO), Husayn Kassai (Co-Founder and CEO, Onfido), Felix Feng (Co-Founder & CEO, Set Protocol), Zeeshan Feroz (UK CEO, Coinbase), Allison Lu (COO, UMA Protocol) and other well-known in the blockchain industry speakers will be involved in DeFi summit. The conference will surely give an unforgettable experience for all the participants with sharing ideas for best practices in the development of the finance industry into a transparent place.

IEEE Global Blockchain Summit

Date(s): September 16–18, 2019

Venue: NIST Headquarter

Location: Gaithersburg, Maryland, US

IEEE Global Blockchain Summit is a high-profile forum for researchers, practitioners, engineers to present the latest innovations in infrastructure, significant applications, business cases for the blockchain technology. The keуnote theme in the 3-day intensive program will be governance and regulation. Besides that, the summit will represent a rich mixture of the most important topics in the Blockchain world today — ID management, data privacy, governance models, cybersecurity, multi-cloud platform, enterprise applications, new start-up grants and programs.

Featured speakers are Anna Brady-Estevez (Director of Blockchain Initiative National Science Foundation (NSF)) and Tim Persons (Chief Scientist & Managing Director of Science, Technology Assessment & Analytics, US Government Accountability Office (GAO)).

The 5th Global Blockchain Summit

Date(s): September 17–18, 2019

Venue: W Shanghai, 66, Lvshun Road, Hongkou District

Location: Shanghai, China

Global Blockchain Summit is one of the largest international, high-level blockchain events organized by Wanxiang Blockchain Labs. This year, the summit will invite different representatives from the Blockchain industry to investigate possible commercial applications. The summit is also a place to share professional insights about the developing trends of blockchain today.

Shanghai International Blockchain Week
Shanghai International Blockchain Week

Invited speakers: Dr. Feng Xiao (Vice Chairman & Executive Director at China Wanxiang Holdings, Founder of Wanxiang Blockchain Labs), Vitalik Buterin (Ethereum Founder,Wanxiang Blockchain Labs Chief Scientist), Henry Ma (Vice President and Chief Information Officer of WeBank), Alex Batlin (Founder & CEO of Trustology), Antonio Senatore (Global CTO, Deloitte Blockchain) and others.

Blockchain Live 2019

Date(s): September 25, 2019

Venue: Olympia London, Hammersmith Rd

Location: London, UK

The one-day Blockchain Live event focuses on the business and scientific potential of blockchain and distributed ledger technology. This event will include keynotes and speeches on thought-provoking topics like digital trust, distributed disruption, future regulation, future-proof business, operational efficiency, token economics.

As for speakers, festival headliners include Don Tapscott (Co-Founder & Executive Chairman Blockchain Research Institute, Co-Author Blockchain Revolution), Billie Xu (Emerging Technology Analyst London Stock Exchange Group), Klaus Schaaf (Distributed Ledger Evangelist Volkswagen AG), Joe Wreford (Associate Director GB Supply Chain IT Business Partner Coca Cola), etc.

Delta Summit OKEx Malta Tech Week

Date(s): September 30 — October 4, 2019

Venue: To be announced

Location: Malta

We all know that Malta is the most happening place in the crypto world now. Delta Summit is Malta’s first-ever Tech Week and is expected to be a phenomenal event for blockchain and crypto enthusiasts. A lot of insights on digital assets and blockchain technology will be presented within the framework of the event to the global community. Apart from promoting blockchain, the Delta Summit is a great opportunity to pitch individual ideas to world-class investors.

Delta Summit — Malta Tech Week
Delta Summit — Malta Tech Week

DELTA Summit OKEx Tech Week is a platform to connect with the best innovative minds, such as Dr Joseph Muscat (Prime minister of Malta), Hon. Silvio Schembri (Parliamentary Secretary of Malta), Tim Byun (CEO of OKCoin), Changpeng Zhao (Founder & CEO of Binance), Kris Marszalek (CEO & Co-Founder of Crypto.com), and others. OKEx Tech Week is a great event to dive deep into the blockchain trading and investment strategies.

Altcoin Magazine Mastermind Event

Date(s): September 4–7, 2019

Venue: Wyndham Garden Kuta Beach Bali

Location: Bali, Indonesia

Altcoin Magazine Mastermind Event
Altcoin Magazine Mastermind Event

If you are looking for an offbeat experience in crypto, Altcoin Magazine has the perfect setting in Bali. Forget about the keynotes and booths! Altcoin Magazine Mastermind Event is a no-nonsense networking event where influencers and high-performers in the crypto world meet together and discuss on topics like Lightning network, dapps, fintech and obviously altcoins.

Don’t miss the chance to join crypto activities with ChangeHero, one of the best places to exchange cryptocurrency at the best rates.

We publish interesting content on our blog. Follow us on TwitterFacebookReddit, Telegram and Medium and be the first to get notified.

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Author: changehero
August 19, 2019

The wait is almost over! ChangeHero Mobile Application is coming. We know how long you have been requesting us for the creation of our platform, adopted for your smartphones. ChangeHero team gives you a quick peek into our new digital venture. ChangeHero Mobile App for both Android and IOS platforms is all set to be launched this Autumn. Nowadays, crypto trading through […]

The wait is almost over! ChangeHero Mobile Application is coming.

We know how long you have been requesting us for the creation of our platform, adopted for your smartphones.

ChangeHero team gives you a quick peek into our new digital venture. ChangeHero Mobile App for both Android and IOS platforms is all set to be launched this Autumn.

Nowadays, crypto trading through smartphones is growing exponentially and a major chunk of customers belong to this category. The rise in mobile traffic made us develop the stand-alone app to provide you with more convenience and exchange on-the-go. Thereby, allowing users to make the fastest and the most profitable crypto exchange with real-time rates.

ChangeHero is one of the most reliable instant cryptocurrency exchange platforms supporting over 140 coins and tokens for trading. Also, you can buy crypto simply using a credit or debit card. ChangeHero provides the best rates available in the market for all your transactions and all the payments are quick and secure. No more hassles about registrations!

We are working towards an intuitive mobile-application to give you guys an opportunity to exchange crypto right from your phone. So soon you will be able to exchange any crypto you need using our ChangeHero Mobile App. Easy, quick and as always safe and reliable.

Be sure, you will absolutely fall in love with it. Just get ready for exchanging as the Android version of the app might be released sooner than expected. It would be an awesome journey in the crypto world. We promise!

And thank you for inspiring us. ChangeHero always strives to provide the best service in the crypto trading sphere. That’s just the beginning of ChangeHero virtual evolution.

Subscribe to ChangeHero Blog for more of such interesting content. Follow us on TwitterFacebookReddit, Telegram and Medium and be the first to get notified.


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Author: changehero
August 15, 2019

It is almost impossible to imagine a world without the internet but the centralized authorities are holding the power over content. TRON envisions a decentralized internet to unleash the maximum potential of the web and benefit both the content creators and consumers. Apart from that, the TRON platform gives users the opportunity to build their projects on […]

It is almost impossible to imagine a world without the internet but the centralized authorities are holding the power over content. TRON envisions a decentralized internet to unleash the maximum potential of the web and benefit both the content creators and consumers. Apart from that, the TRON platform gives users the opportunity to build their projects on in — it can be anything including services, shops, etc. With their aims, the TRON team achieved to make TRX the 3rd popular cryptocurrency in China. With the path-breaking Sun Network announcement, TRON has gathered even more attention from the crypto community in recent days.

ChangeHero brings you everything you need to know about TRON and TRX in one place — so you can find out how to use it and the benefits you can gain from it.

For the starters, TRON is a blockchain-based decentralized content distribution platform for the digital entertainment industry. The project aims to build a free, global network for content and storage. Founded by Justin Sun in 2017, Tron is designed to make content entertainment easier to sell for creators and cheaper for the consumers. Tron strives to bridge the gap between the content creators and users by eliminating the intermediary.

Initially, the platform was developed on the Ethereum blockchain and later the project announced TRON MainNet in May 2018. TRX short for Tronix is the native token of the platform originally developed leveraging the ERC-20 technology. After the MainNet launch, on June 25, 2018, all the TRX tokens were migrated to the proprietary blockchain. The iconic event is called TRON Independence Day.

TRON MainNet was launched with the sole purpose of building a decentralized internet and to build an ecosystem of smart contracts and Decentralized Applications (that are also called DApps). TRON supports high throughput, high scalability and high availability for all the DApps.

TRON performance statistics

Exploiting its MainNet, TRON developed its own technical token standards TRC10 and TRC20. Every DApp in the TRON network can issue their tokens. TRX is the native MainNet token of TRON and acts as the medium currency for all the TRC-based tokens. TRX can be used in a wide range of applications.

Advantages of the TRON network

TRON is a multi-functional blockchain platform with various features to use TRX.

  • TRON enables the creators to publish their content on the platform without any intermediary. Users can access the content and pay directly to the creators using TRX. It is the original and one of the main purposes of TRX — to be part of the functioning of the blockchain-based content platform. There are hundreds of DApps already developed and deployed: casinos, games, loan services, and utility applications.
  • Any decentralized app developer can create their own TRC-based tokens on the TRON network. A total of 1024 TRX is required to develop such tokens. Users can purchase these tokens on the platform with TRX. There are already plenty of tokens present and more are being created constantly.
  • TRON network is also a platform for smart contracts. Anyone can place their smart contract and use TRX to fulfill it. TRON’s smart contract services have high flexibility which allows making many kinds of contracts with different conditions and triggers.
  • Freezing TRX gives the user Tron Power (TP) and provides them with voting rights. Using the Tron Power, users can vote to elect the Super Representatives (SRs) and fuel the smooth functioning of the network.
  • TRON Foundation launched the Tronics Support Plan for developing blockchain technologies and building the TRON ecosystem. TRON welcomes the community to participate in the program by donating in-return for TRX rewards.
  • TRX can be used to make online purchases. Users can buy TRON merchandise from the WeChat stores. It can also be used to buy virtual gifts on CallMe, a live broadcasting platform.
  • TRX is widely used in partnership programs. TRON made a partnership agreement with oBike, a multi-national bike-sharing company in 2017. They launched the so-called oCoins based on the Tron Protocol to fuel the reward system of the platform. In 2018, The world’s largest adult website Pornhub announced its collaboration with TRON. Users can upgrade their accounts with TRX and get the premium content and exclusive services.
  • In July 2018, TRON made a step ahead in the direction of decentralizing the web and acquired BitTorrent. Later, BitTorrent Token (BTT) was developed leveraging the TRC-10 technology and can be used to pay for faster download speeds and rewards system. TRX token-holders have the advantage of automatically receiving the airdrops of BTT.
TRON USDT
Source: TRON

Tether issued USDT backed by the US dollar on the TRON Network. USDT is a TRC20 based token and can be used to transact and exchange fiat pegged currencies across the TRON network with zero transfer fees. In addition, TRON natively supports decentralized exchange and TRON wallet for TRX and other tokens.

TRON announced its ground-breaking scalability solution called “Sun Network” on the 11th of August 2019. Sun Network is designed to provide almost unlimited capacity for TRON main network allowing 100x scalability. The sidechain system enables developers to build DApp Chain that runs decentralized applications at extremely low energy consumption, with high security, lower fees, and faster transaction confirmations.

And, of course, TRX may be traded like any other crypto asset. In fact, it took high and stable market positions and never stops developing which strengthens TRX’s position.

With all the exciting projects and promising partnerships, TRON gained traction among the crypto community in a short span. This is the time to invest in TRON and ChangeHero makes this process a cake-walk.

How to buy TRX on ChangeHero?

Tronix can be bought on ChangeHero platform in a few simple steps.

  1. Choose the asset you want to buy Tronix with — Select the cryptocurrency you want to swap and insert the amount. ChangeHero will automatically calculate the amount of Tronix to be received.
  2. Provide TRON Wallet address — Copy your TRON Wallet address and paste it to ChangeHero platform.
  3. Confirm transaction — Check all the data one more time and confirm the transaction.
  4. Send your assets — Copy ChangeHero deposit address and transfer your assets from your wallet.
  5. Success! — ChangeHero delivers TRON to your wallet in 5–15 minutes.

TRON is well on its way to change the way we consume the content and revolutionize the web by decentralizing it. ChangeHero believes that TRON’s reach would take off and would make crypto a better place. For more such informative articles, interesting news and exciting offers on crypto exchanges subscribe to ChangeHero Blog and follow us on TwitterFacebookReddit, Telegram and Medium and be the first to get notified.


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Author: changehero
August 8, 2019

The world of crypto is developing at high speed every day. There are a lot of services already existing: exchanges, monitorings, aggregators, etc. But the question of entering the crypto market is still tough for many people. There are not too many properly developed fiat-to-crypto fintech solutions. It’s difficult and risky to build one: many […]

Interview with Indacoin Businness Development Chief

The world of crypto is developing at high speed every day. There are a lot of services already existing: exchanges, monitorings, aggregators, etc. But the question of entering the crypto market is still tough for many people. There are not too many properly developed fiat-to-crypto fintech solutions. It’s difficult and risky to build one: many of the existing ones still have problems with trust, reliability and regulation by law and banks.

One of the leaders of this field who could manage to solve the mentioned issues is ChangeHero’s good partner Indacoin. This project has been taking part in the game since 2014 and became one of the most known services for purchasing crypto with credit cards. We were lucky to have a conversation with Guilherme Jovanović, Indacoins business development director. We had a talk about the difficulties for the new services, how crypto is changing the world, and how the market unites people around the globe. Learn more in our interview.

So, let’s dive in!

ChangeHero: Hi! Please tell us about yourself a bit? Where are you from, what’s your position at Indacoin and what brought you to the crypto field?

Guilherme: Hi! My name is Guilherme and currently, I’m the business development director at Indacoin.

I was born in Switzerland and I have Serbian & Portuguese roots. I have moved to Russia about a year ago and I’ve been living here since then. I really enjoy Moscow’s architecture, spectacular views and lifestyle. Being able to speak the Russian language fluently is one of my major goals and one of the drivers that brought me to this country.

I have always been passionate about cryptocurrencies, since my early years studying Business and Economics in Geneva. It’s an emerging field that is growing exponentially and I deeply believe in this high tech. In my perspective, I see that technology had strong impacts in various sectors, but quite little when it comes to our financial system which is still underdeveloped. International transactions, for example, take too long and are subject to high commissions, even when it comes to cash withdrawals. These are some of the reasons why I believe that crypto could be a viable solution and why I ended up working in this field.

Guilherme Jovanović
Guilherme Jovanović

ChangeHero: So we guess you also have a personal interest in developing the project. It seems to be your passion, right?

Guilherme: Exactly! I am very passionate about the crypto industry and the Indacoin project. I feel grateful for having the opportunity to contribute in a project that I believe in.

With my team, I have attended several conferences in different countries — where we have encountered many interesting individuals from around the globe with innovative ideas and projects. It’s very rewarding to be able to help them and watch their growth closely.

You have to bear all the risks by yourself — in case of a chargeback, you will have to take full responsibility.

ChangeHero: Sounds inspiring! Is it really difficult to build a service like that? And what obstacles did you encounter on the way?

Guilherme: Of course it’s very difficult to build something like this from scratch. The main issues are the legal, amount of existing fraud and obtaining trust from banks. In fact, 60% of payment attempts come from stolen cards — our research team found that when we first launched. It’s very difficult to deal with all the chargebacks and refunds, it can lead any business to bankrupt.

I’ve met with other companies who tried to develop similar credit card gateway services but they failed enormously. It’s not so hard to find acquiring banks, develop a payment gateway, get a KYC provider, blacklist some countries etc. and expect things to go smoothly. Everything may look fine at first, but after few months of operations, companies will start getting notifications of chargebacks and at some point, they realize that they need to pay over $50’000 in refunds for example.

This is the main obstacle — that hackers can easily pass KYC and get large amounts of money from stolen credit cards. We have developed a strong anti-fraud system which is continuously being improved and requires us to have a full department that is totally focused on it. In case our system has doubts about the reliability of a transaction, our anti-fraud team will call the user and make a short interview in order to determine if the transaction is fraudulent.

Overall, there are many complicated and costly obstacles for new entrants and it can take years of development and hard work in order to be fully operational and be trusted by individuals and institutions.

We managed to overcome all these obstacles because our team is full of extremely motivated and talented individuals who managed to make Indacoin the top provider of fraud-free banking cards processing.

ChangeHero: So the main obstacles are about fraud, bank’s trust, but what about competitors? Do you have many?

Guilherme: Yes, we do have some competitors. I receive this question a lot from our partners, sometimes they mention that others offer lower fees. But there are questions about the legitimacy of these “low fees” that should be taken into account.

There are many competitors who offer similar fiat-to-crypto services, but most of them don’t take responsibility for chargebacks, rolling reserves and KYC. So, at first sight, it might seem like an easy and cheap option but then it usually turns out to be extremely expensive because there are hidden fees and charges applied as well. Also, you have to bear all the risks by yourself — in case of a chargeback, you will have to take full responsibility.

I’d say that we only have one direct competitor. We respect our competitors and I won’t mention the exact names. They are the only ones who cover the risks like we do, yet they claim their fees are between 3,5% to 4%. But after that, they add extra/hidden fees as well. For example, $10 is the minimum transaction fee. Meaning, that a user who only wants to buy $50 of BTC, for example, will pay about 20% fee to one of our competitors. As well they already add their own markup on crypto price which makes it very tricky for partners and users. In the end, the claimed rate of 3,5% is hardly achieved.

At Indacoin we value transparency as one of the most important values in our business model. We don’t find it ethical to add hidden and extra fees, as most people won’t be aware of that and may be tricked.

In addition, we offer more than 100 altcoins for sale, while our competitors usually offer only 5 or 6 options.

Regarding the advantages for partners, we don’t require placing our logo everywhere on their websites. Thus, our solution is a fully white-label and the transactions will occur very smoothly for our partner’s users.

ChangeHero: As far as I know, most of the exchanges prefer to integrate your API, so why do they pick you, apart from the transparent fees and flexible marketing policy?

Guilherme: Our API is technically quite simple to integrate. I’ve had situations when the partner’s development team was skilled enough to integrate the solution within 1 hour. We don’t have much bureaucracies to start if a partner is interested, he can even start the same day we receive the request. We make it very easy both in a technical and also in a legal way. We don’t want to waste time and we aim to provide a quick and easy solution by delivering it fast and effectively. Furthermore, we are open to working with smaller projects as well, not only with big established companies.

ChangeHero: Do we get it right, a service which wants to integrate your API just needs to contact someone on your team? How is it done?

Guilherme: Actually, we get lots of partnership requests daily, we have a form where potential partners can tell us what they’re looking for and we’ll get in touch with them. Another way is to contact our support so they will connect you to someone on our team who can help.

ChangeHero: In your opinion how crypto processing on Indacoin or partners like ChangeHero is better than a traditional exchange? What are the real advantages?

Guilherme: I think the main advantage is speed. For instance, in other exchanges, you need to make a bank transfer which can take several weeks in some countries. The rates will obviously change during that period — as a result, users will not get the same amount as was displayed first. Sometimes the rate may change so abruptly that the person would prefer not to buy anymore.

The second advantage is simplicity. Users are not required to create an account or to upload proofs like utility bills or something else. We allow users to basically do the transaction at that moment without any requirements of registration and additional documentation. As long as the user complies with all the details we are asking for, then the transaction can be done very quickly. Compared to traditional exchanges, that is our main advantage.

And, of course, since VISA and MasterCard are the most popular ways of making online purchases. This facilitates the way of buying crypto for new users — especially for someone who has never purchased crypto assets before, it’s like booking a flight online, anyone can do it.

Indacoin user interface
On top of that Indacion has a convenient design and great usability

ChangeHero: Actually, some users say that Indacoin KYC is quite tough. What is really required to confirm your identity?

Guilherme: Actually, in my personal experience, most of the time people don’t pass the confirmation because they don’t pick up their phones. This is, in fact, a funny reason. We make a phone call and give them a code number which needs to be inserted. But many people get scared or maybe give fake phone numbers, or they just don’t pick up, which is strange. Although all the documents may be okay, they can’t complete the process without providing the code from the phone call.

The KYC itself is quite easy, one just needs to upload a selfie with a valid ID and write a small handwritten text on a piece of paper, that’s all.

ChangeHero: You said that you cover the risk of losing money, but for example, if something goes wrong, how do I get the funds? What is your refund process like?

Guilherme: First of all, if you made a transaction that wasn’t accepted for some reason, the money will not be taken from your account. But sometimes the transaction is accepted but the bank of the user holds it unfortunately, some banks are still not crypto-friendly so they might hold the operation for a while. The best solution, in this case, is for the user is to call his/her bank.

In any case, whatever happens, we always make a refund to the user if he didn’t receive the crypto for some reason. The way to be sure is to contact our team via email, phone or website chat and let us know what happened. Our support team is available 24/7 for any kind of inquiries.

ChangeHero: We’ve talked about the transparent fees a few minutes ago, but some still think that they’re just too clouded. How much do you actually charge? And how can it change depending on different countries or payment systems on your platform?

Guilherme: It’s true, the fees on our exchange platform may vary. It mainly depends on the country and type of card, whether it’s Visa or MasterCard. But I’d say that the average fee will be around 7% or 8% and sometimes it can go up to 14%.

However, once you insert the amount in FIAT, you will automatically see the amount of crypto that you will receive. Thus, there is nothing clouded about it, it’s crystal clear.

And please note that for our partners who want to integrate our white-label API, we offer a 5% fixed rate.

ChangeHero: The pricing is clear — what about time? How long does it take on average to make a transaction?

Guilherme: it’d say it takes 20 minutes approximately. But it can be less — down to 5 minutes from the second transaction. Once we’ve already got the user’s details, there is no need to make the KYC again, it saves a lot of time. Unless the user wants to use another card, then the KYC procedure is required. In any case, it actually all depends on the user and how fast he uploads his documents.

ChangeHero: I’d like to ask you about your plans for the next several years. What is your company currently working on?

Guilherme: We actually have our IEO coming at the end of August, where we will release INDA tokens. The main goal is to boost our affiliate program and offer rewards to our users and affiliates in the form of cashback with INDA tokens. We find that this will be a great way to promote our community and also give them more motivation to continue working with us. We will start our initial offering in Waves Platform since they have been one of our oldest partners and we enjoy working together.

And other plans for the next several years include obtaining licenses for the USA and Japanese markets. Moreover, develop an instant crypto-to-fiat gateway through Visa and MasterCard. We want to give users the ability to withdraw their funds instantly.

And you possibly heard about our wallet which is top-rated in Appstore or Google Play — we are developing that further, adding more features and continuously improving it.

ChangeHero: Since we’ve started talking about the crypto world and the future, how do you see the crypto world during the next years?

Guilherme: I have joined the crypto world about half a year ago- and I’ve already seen a lot of changes. Since I started until now, there is an increased adoption, by analyzing the bitcoin price you can verify this: a few months ago, Bitcoin price was $3000 now it’s about $11000 and it keeps increasing. It’s not just about the price of bitcoin, which is just one indicator that the market is growing. Another indicator is that several big corporations are entering the market. For instance: Starbucks, Nike, Walmart, and, of course, Facebook with its Libra project among many other corporations. We can see that these big players understood the value of crypto and blockchain technologies, and want to apply it to their businesses. At this point, not even strong Government restrictions have the power of stopping this progress. Anyone can have access to crypto anywhere in the world, regardless of the local crypto regulations. Even in China, it is “illegal” but now, it’s already legal to hold crypto assets. So, I believe during the next few years, this market will become even more attractive with new projects popping up, big corporations entering and massive world adoption.

It also doesn’t make sense to me that in the 21st century where there are drones, robots, advanced AI technologies and people are still using paper money.

For me, it’s not acceptable that we give governments and banks full power of controlling our money and its value. I think people should hold that responsibility and they should be able to transfer money peer to peer without paying any fees and long waits. Of course, at the moment we do not have the infrastructure to replace the current FIAT currencies fully. However, having a balance between FIAT and CRYPTO has become common. Many hold crypto as a way of storing value and using it as a security. Especially in countries with weak currencies, Bitcoin has become a major success.

I see a bright future for crypto, and I believe that one day there won’t be paper money anymore, and crypto will be used as a global currency.

ChangeHero: It sounds great! As we are finishing, is there anything else you’d like to tell us so we can share that?

Guilherme: Right now, I think I’ve shared pretty much everything that I can think of. My last remark is that we want to focus on new strategic partnerships and enable other businesses to start offering credit card payment options easily and free of risks & fraud.

We are inspired by the ideas of secure, private and decentralized money and our vision is to open the doors of the crypto world to a new user.

Buy crypto with your credit card only with the trusted services. ChangeHero in collaboration with Indacoin is ready to provide it — visit ChangeHero and give it a try!

Subscribe to ChangeHero Blog for more of such interesting content. Follow us on TwitterFacebookReddit, Telegram and Medium and be the first to get notified.


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Author: changehero
August 6, 2019

Magnum Wallet — is one of the safest places to store, manage and exchange your crypto assets. Besides, users come to Magnum to get a passive income by participating in multiple airdrops, staking and bounty programs, and quickly exchange one crypto to another right inside the wallet. While swapping assets inside Magnum Wallet, users enjoy fast […]

How to exchange crypto with Magnum Wallet

Magnum Wallet — is one of the safest places to store, manage and exchange your crypto assets. Besides, users come to Magnum to get a passive income by participating in multiple airdrops, staking and bounty programs, and quickly exchange one crypto to another right inside the wallet.

While swapping assets inside Magnum Wallet, users enjoy fast transactions at the best rate on the market, thanks to reliable Magnum exchange partners, such as ChangeHero. In-Magnum exchange takes only four simple steps — that is even faster than on the instant exchange side, as you don’t need to copy and paste your wallet addresses and MEMOs, they are auto-filled.

ChangeHero chooses the best rate for each particular in-Magnum transaction among a wide range of traditional crypto exchanges as well as other liquidity providers. Partnership with multiple trading partners allows ChangeHero to pass the transactions through in an extra fast way, and special risk-management feature allows immediate swaps without waiting for network confirmation for a number of assets.

How to swap your assets in Magnum Wallet with ChangeHero:

Login to Magnum, click on the Exchange button on the top bar and follow four simple steps:

Select the cryptocurrencies

1. Choose the asset/coin you want to swap and go “Next”:

Select ChangeHero as exchange provider

2. Select ChangeHero to get the best exchange rates from the drop-down list of “Exchange partner” and enter the “Amount to send”:

Check the details

3. Check all the details in the Confirmation section and click Confirm:

Exchange interface of Magnum Wallet

4. Finally, in the results section, the transaction will be completed in a quick span of 5 minutes:

Magnum Wallet interface

The transaction itself takes 5 to 30 minutes. After it’s finished you will see it in the wallet on the right within the history block.

The overall process looks much like the same on mobile devices:

Magnum wallet exchange UI on mobile devices
Magnum Wallet also has an Android App — it works pretty much the same as the web version.

ChangeHero works on the rates, coin range and transaction speed every day to serve Magnum Wallet users even better. If you are already a Magnum user — you can be sure that your assets are exchanged at the best rate among the most reliable exchanges at the shortest possible time.

In-Magnum exchange saves your time! No need to leave the wallet and go to exchange platform seeking for the best rate. They are already on Magnum.
Don’t forget that you can top-up Magnum Wallet with crypto assets by buying them with your credit card on ChangeHero.io website.

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Author: changehero
August 5, 2019

The majority of crypto market participants are engaged in two general money-making activities: trading and mining. While everything is more or less clear with trading, mining is still enigmatic. There are a lot of questions: if mining is still profitable in 2019 if there is any space for new miners, what does it actually takes […]

The majority of crypto market participants are engaged in two general money-making activities: trading and mining. While everything is more or less clear with trading, mining is still enigmatic. There are a lot of questions: if mining is still profitable in 2019 if there is any space for new miners, what does it actually takes to start a mining business and how it will change your life.

We had the luck to find a miner who agreed to share details about his business, view, and ideas. He preferred to remain anonymous so ChangeHero decided to give him an alias. Welcome, MiningHero and his mining insights in our fresh and crispy interview!

Intro

ChangeHero: Hi! Please tell about yourself a bit.

MiningHero: Hi! I would prefer not to reveal my real name and homeland for security reasons but I can tell you that I am a miner and co-founder of a quite large mining farm. We produce Bitcoin there.

ChangeHero: How did you come to this business? What motivated you to start mining?

MiningHero: Actually I have been running different projects as an entrepreneur with my partners for some time before mining. It was spring 2017 when all the internet started boiling about cryptocurrencies, mining and especially BTC and ETH. We knew about mining long before but never considered it as a serious business. But in 2017, the crypto market started growing extensively and we realized that there were opportunities we could use. So we decided to create the mining enterprise.

ChangeHero: Where is your farm located and why there?

MiningHero: Our farm is placed in Norway. The reason is simple: my partners and I already run another enterprise there so we have experience of running a business in that country.

The government is absolutely neutral about mining. No one bothers the business and no one supports it. But we were lucky to meet the state program of supporting building Data Centers. All data facilities with the power of more than 2MW gain concessions for electricity tariffs. The government removes its tax fees from bills. Since our farm is positioned as a Data Center this works for us as well, so the enterprise entered the program at the end of 2017.

Apart from that, the energy industry in Norway is quite unique. 98% of energy in the country is produced by hydroelectric power stations. Since this kind of station doesn’t need any fuel, electrical energy is the cheapest in Europe.

Mining farm
The farm outside

About Business

ChangeHero: Has your business changed a lot from the start?

MiningHero: The business is not changing significantly. We have built the farm and we just keep on working. Mining is a stable process, you just need to provide technical support and pay the bills.

ChangeHero: What problems are you facing today?

MiningHero: The only serious problem we have is that Norwegian banks refuse to process incoming payments from crypto exchanges. Selling crypto is impossible if you are a Norwegian company with an account in a Norwegian bank. But my partners and I are ideological hodlers: we don’t sell our Bitcoin, just accumulate it instead and wait for the right moment to sell and gain extra-high profit. So it’s totally okay for us.

ChangeHero: If you do not withdraw funds from crypto, what makes your business profitable?

MiningHero: I can’t tell how profitable this business is. Mining can’t be separated from trading and investing. Also, it depends on how to count. Let’s say, if we had produced crypto and sold it every day, then yes, it would be very profitable, especially in the first half of 2019. Electricity expenses for mining Bitcoin are paid off several times. Moreover, it’s production price is directly dependent on the market rate. The less it costs the easier to mine it — and the better it’s to us as miners and hodlers. Bitcoin will go extremely high one day and we will gain an outstanding profit from selling our storages.

ChangeHero: Do I get it right that “crypto winter” even gave you favours?

MiningHero: Yes, you are right. We work more efficiently during the winter. The lower the rates are, the fewer miners work, and the more each of them earns. It’s the basics of mining.

ChangeHero: Did mining change your life?

MiningHero: Actually I have several businesses. Mining is not the largest one among them so I can’t say it changed my life abruptly. But it’s still bringing new experiences, fun, people, and knowledge. Since the opening of the farm, I haven’t been taking too much part in the operational management.

But, for example, one of my friends had his life changed in a moment. We have opened our farm in Norway and invited him to work as a technical chief. So he moved to Norway from his origin country with wife and two daughters. They are happy and grateful for such an opportunity.

ChangeHero: What do you think about POS algorithms and do you plan to work with them?

Proof of stake (PoS) is a type of consensus algorithm by which a cryptocurrency blockchain network aims to achieve distributed consensus. In PoS-based cryptocurrencies, the creator of the next block is chosen via various combinations of random selection and wealth or age (i.e., the stake). In contrast, the algorithm of proof-of-work-based cryptocurrencies such as bitcoin uses mining; that is, the solving of computationally intensive puzzles to validate transactions and create new blocks.

MiningHero: POS does not directly refer to hardware mining since it requires tokens to confirm not computing power. But I had experience with it in my other business. Honestly, I don’t see too much potential in POS.

ChangeHero: Is there still space for new players on the market like a common person with some private savings?

MiningHero: The space on the market is infinite. New people join every day. There are no limits. Come and mine if we are talking about the mining market.

But, I do not recommend entering mining for an average person. I’d prefer buying Bitcoin with some common algorithms: with fiat money or on exchanges. The Data Center must be big and powerful to be really profitable. I have described this in one of my previous answers. The fewer miners the easier to mine — this will work backwards as well, so the more miners are in the game the more powerful farm you need to gain profit. And a big farm will require very serious technical care: hardware service, electricity, cooling system. I’m not mentioning law regulations because it depends on the country but it may be a serious problem, too. Small farms don’t generate that much revenue to care about.

For example, my farm has 4MW power. It’s the power output of an average factory. It produces 88db of noise which is equal to a jet plane taking off. It also generates a lot of heat that must be absorbed. Holding such a facility is not easy at all.

Crypto miners
How the farm looks inside

On Community

ChangeHero: How do you see the crypto market today? Are there free niches currently?

MiningHero: Crypto is not a market actually. It’s an ecosystem. Adoption among people is not very high at the moment. When cryptocurrency becomes more popular, adopted and used in everyday life there will be niches. In fact, this system contains only two niches at the moment: trading and mining.

I often talk to financial experts. Many of them say that the financial world is currently living awaiting for the new black swan. It’s highly possible that in our lives we will face a very serious financial crisis. It may be even a fall of all the fiat system. So it doesn’t really matter if Bitcoin will cost $50,000 or $50,000,000 if it will be impossible to buy anything with the dollar. Probably, I will diversify my assets into different forms to save the cost of assets. Crypto is one way of protecting assets. This is how I see the market.

ChangeHero: Who do you look up to among crypto enthusiasts, bloggers, experts, etc?

MiningHero: I think that an enthusiast is a person who dedicates himself and his work to some ideas in order to move it forward. The only person who I can call a true enthusiast is Andreas Antonopoulos (a blogger, entrepreneur, programmer, author of several books about crypto).

I’m not actually a pro and don’t dive into the crypto world too much. I don’t surf a lot and read different people’s blogs and columns. I can’t even tell you a few names and I don’t consider myself a person worth asking questions about outstanding crypto persons.

ChangeHero: A traditional question: how much will BTC and ETH cost in a year?

MiningHero: I don’t make forecasts, but we have the idea that crypto will cost much higher in the future. We take it as a basis. How much higher and when — we can’t say and we don’t really care much. We run our business based on cold calculations and calmness. We don’t rush as the farm is not the project we run to earn for living. So we will just wait for the right moment when the price will be much higher. What exactly price it will be and when will we see it on market caps — honestly, I don’t know.

ChangeHero: It would be really interesting to come back to this matter in about 6 months and have a look, which of your forecasts came true. We wish you success in all your businesses and hope for future cooperation.
Thank you very much for the interview!

Bookmark ChangeHero Blog, we publish interesting content on crypto and blockchain. Follow us on TwitterFacebookReddit, Telegram and Medium and be the first to get notified. See you soon at ChangeHero!


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Author: changehero
August 2, 2019

The second Litecoin halving is coming next week — it will take place approximately on the 6th of August 2019. It is obvious, that reward decreasing will affect the blockchain, miners and other participants, and of course LTC price. Experts are arguing what will come after the two times block reward cut. Litecoin halving drags […]

The second Litecoin halving is coming next week — it will take place approximately on the 6th of August 2019. It is obvious, that reward decreasing will affect the blockchain, miners and other participants, and of course LTC price. Experts are arguing what will come after the two times block reward cut.

Litecoin halving drags a lot of attention due to LTC popularity itself and because it is considered as a repetition of future Bitcoin halving, that comes in May 2020. Many people believe, we can expect a similar scenario.

In this article, we gathered all the information about LTC halving, summed up experts opinions and made LTC price analysis. We believe it will help you to observe the whole picture and get prepared for Litecoin Halving event.

How Litecoin Reward Is Halved

Halving is a rule embedded in every blockchain net. It says that a reward for block processing is decreased by half after a certain amount of blocks. The main point is to ensure the fair distribution of the reward among the net’s participants.

Litecoin’s network halves its reward every 840,000 blocks. After the coin’s release in 2011, there was only one halving so far — on the 26th of August 2015. So, the LTC halving takes approximately 4 years at the current net capacity. On August 6th the reward for one block will change from 25 LTC to 12.5 LTC.

This event will definitely affect the Litecoin’s position. There are two possible scenarios and we will uncover about both of them. But first, let’s take a look at the previous halving and its repercussion.

The First Halving

As we mentioned, the first time when the LTC blockchain halved was on August the 26th 2015. At that point, a reward decreased from 50 LTC to 25 LTC. There were several remarkable points in the market’s reaction.

The first one was the rise before the halving and short-term following perspective. The rate had been in a long sideway for some time at that moment and started to grow at the end of May. The price was rising from $1.5 to $8.48 until the middle of July. Bears started to drop the price — during the period between the 10th and the 16th of July, it decreased from the peak of $8.48 to the lowest point of 3.38$. After that LTC took the sideway and was traded at similar rates.

litecoin price chart
Source: coinmarketcap.com

The second part is the long-term perspective. If we look at the long-period graph, it is obvious that the rate was slowly but confidently growing. The low price which was the result of the nosedive first days after the halving attracted traders. They provided the power to gain the currency. By the end of 2016, the price recovered from $2.64 to $4.6. Along with that, the market volume went almost two times bigger: from $117 million to $226 million.

Despite a popular opinion that a coin loses attractiveness after reward halving, we can conclude that it’s far from the real picture. We can see that the first halving didn’t kill Litecoin but even made it stronger in the first 18 months.

ltc price chart
Source: coinmarketcap.com

What to Expect This Time

It is a tough question of what to expect from the second halving. Many things changed on the crypto market for the last 4 years, but predictions still could be made. There are two possible scenarios of consequences.

The Drop Scenario

The emission of a currency always affects the price. It is a classic example of how the excess supply can lower the rate of the asset.

It is a popular opinion that the coin becomes less attractive to mine and invest in after the reward halving. Many traders may start bearish trading and sell all their Litecoin. This will provide too much supply with small demand. As a result, the rate will significantly drop down — at least, in the short-term perspective.

We have seen a similar pattern during the first LTC halving in 2015. The price took a nosedive, lost half of the value in several days and needed some time to recover.

The Rise Scenario

On the other hand, everything can go completely different. The rate can go up sky high for several reasons.

Traders can take the previous halving events in the count. They will buy as much as can, causing a massive bull run. At some point, traders will sell and gain significant profit. This process may start some time before the halving day. In fact, the last 7 days resulted in mild growth, that could be considered as a sign.

ltc price chart for 2019
Source: coinmarketcap.com

In addition, miners will very likely try to pump the LTC price. If the reward becomes two times smaller, the only way to keep the level earnings is to make the price higher. Miners could start buying and hodling LTC, in order to keep it high.

Expert Opinions

Experts are keeping on arguing on LTC halving consequences. For a starter, the Litecoin founder Charlie Lee claimed that the halving will be shocking for miners and investors so they need to prepare for the future volatility.

Along with that, a popular crypto portal and Twitter blog Zerohedge was modest with words but made a bold prediction.

Zero litecoin price prediction tweet
Source: Twitter

Another influencer and investor CryptosBatman said that the upcoming halving will probably repeat the pattern of the first one.

CryptosBatman about litecoin halving
Source: Twitter

Some people e.g. NebraskanGooner admit the trend of dropping but still say that it may be an opportunity to invest.

Twitter user @nebraskangooner on litecoin
Source: Twitter

No one can tell for sure what will happen with Litecoin after the halving. It will definitely affect the network, its participants, their revenue and, consequently, the price of LTC. We will update you with LTC price analysis in the mid of August. We really hope, LTC halving will give us a better understanding of what is going to happen during Bitcoin halving the next year.

ChangeHero is always happy to provide you with LTC purchasing and instant exchange option with more than 140 currencies, best on Fixed and Float rates. Visit our platform to buy LTC with a credit card and exchange it fast, secure and without any limits.

We publish interesting content on our blog. Follow us on TwitterFacebookReddit, Telegram and Medium and stay updated.

We are always happy to see you at ChangeHero!


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