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Hundreds of ways of buying crypto have emerged in recent years – and in some cases, you can get your hands on Bitcoin without parting with cash. Are there any methods which don’t come recommended?Cash in the mail is ill advised for buying crypto unless you’re only dealing in small amounts. There’s always the risk of it being lost or even stolen – and the people who are selling you crypto might not be all they are cracked up to be. Generally, people who send cash in the mail are motivated by the prospect of greater levels of anonymity – and the ability to receive funds without having to go through ID checks. Whatever the method, always check to see if there is an escrow service, as these can offer protections for buyers and sellers alike. Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you all important information that we could obtain, readers should do their own research before taking any actions related to the company and car..
There have been many devastating exchange hacks, with billions of dollars lost. But security flaws remain – meaning it pays to be picky choosing a platform. How can I be sure an exchange is telling the truth?Actions matter more than words – so take a look at what they have been doing to protect themselves from hacks and keep their platforms secure. Investment in fraud analytics matters. When exchanges spend money on trying to ensure their systems are robust, it helps to protect you: the user. Many platforms regularly submit themselves to security audits by independent parties, who then publish their findings and disclose the vulnerabilities they have found. Reputable exchanges will publish the outcome of these audits in full – enabling you to see for yourself their strengths and weaknesses, and the steps they have taken to resolve things. You should also see whether or not the exchange you’re interested in participates in bug bounty programs. Put simply, this is where a platform offer..
Margin trading involves borrowing money to perform trades of a higher value – and taking a position on whether the value of a cryptocurrency will fall or rise. Is margin trading available on all crypto exchanges?Most of them – but not all. As we mentioned earlier, the likes of OKEx and Kraken have rolled out this feature, but some of the bigger crypto exchanges such as Binance do not offer margin trading at present. Huobi activated margin trading back at the start of 2018, and this service is also available through HitBTC, Bitfinex and Bithumb. Cointelegraph recently reported that Bakkt, the upcoming regulated ecosystem for crypto assets around the world, will also not support margin trading – and says its platform is meant to ensure that “the buying and selling of Bitcoin is fully collateralized or pre-funded.” Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you all important information that we could obtain, readers should do..
Copyright rules have always struggled to follow up with technology – and blockchain is creating new challenges, as well as solving some. Are there any exceptions to copyright rules?This varies from country to country. For example, in the UK, the principle of “fair dealing” means small excerpts of a copyrighted work can be used for the purposes of studying, news reporting and teaching. The European Copyright Directive goes further, as it enables you to satirize copyrighted works and use brief clips of TV shows or songs for parodies. Meanwhile, halfway across the world in New Zealand, there is no exemption for comedy and satire – something which has frustrated comedians and content creators. MyCryptons, a blockchain-based platform where users can buy and sell digital collectibles, is one site which benefits from the common exemption of parody and satire when it comes to copyright. It offers collectibles based on public figures – including politicians, talk show hosts and musicians – alo..
You can collect art, fine wines and toys in the real world — but what about collectibles on blockchain? Here is everything you need to know. What are crypto collectibles?A crypto collectible is a digital asset. Unlike common tokens, which are identical and easily exchanged, crypto collectibles are non-fungible tokens. This is because their unique attributes mean that no two are the same, hence they are usually irreplaceable. There are a plethora of things that can be collected — from cats to celebrities, and from politicians to planets. In gaming environments, they can be swapped between players, and on other platforms, it’s possible to buy someone’s collectible without their permission — adding a competitive edge. Can money be made from digital collectibles?If you have a particularly rare or desirable collectible, potentially, yes. Generally, collectibles are categorized. Some of them are quite common while others have distinctive attributes which make them rare — or even ‘legendary..