Category Archives: Finance

Understanding the Difference Between Bitcoins and Bitcoin Cash

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Many of us know Bitcoin was introduced in 2009. Initially, it was not that familiar among all, and they were costly also. Later on, with technical advancements, bitcoin’s hidden colonization took its stand and became the top first cryptocurrencies in the world. Still, as the number of users increased, there was a reduced speed in the processing of transactions. This happened because of the size restrictions of blocks in the blockchain of 1MB.

To solve this issue, Bitcoin cash, which can store blocks of sizes 1MB to 8MB. This article discusses Bitcoin cash and the differences between Bitcoin cash and Bitcoins. You can invest in bitcoins using bitcoin trading wih the app btc loophole

bitcoin-cash

The Emergence of Bitcoin Cash

The blocks in the blockchain are set to the size limit of 1 Mb due to various reasons. To make the system complex from the access of malicious users, the blockchain size was limited to 1 Mb. At those times, the Bitcoin users were also minimal. But as the number of bitcoin users increased, this size restriction produced increased transaction times, and many users complained that it was taking three days to complete a Bitcoin transaction. To overcome this situation, the users were paying higher transaction fees even for transferring $3 worth Bitcoin with $15 as a transaction fee.

The Bitcoin community overcame these problems by proposing the following solutions.  They are:

  • Bitcoin Unlimited
  • SegWit (Segregated Witness)
  • SegWit2x

Bitcoin Unlimited

The Bitcoins unlimited allowed the miners to hard code 1 MB block size, and the transaction that falls within 1 MB size can be allotted. If greater than 1 MB size comes, the space of unused blocked are added up to fit the block size. This might increase the speed of transactions by avoiding all the transaction traffic. But the miners have to be paid with higher fees and bonuses.

SegWit (Segregated Witness)

In this method, the miners adopted an idea of storing information related to the blocks outside of the blockchain, to some other storage space. By doing so, there will be no sizing issue, and the transaction time and confirmation time will be speedy. But as time went on, this system also became complicated.

SegWit2x

Later during August 2017, the SegWit2x protocol was implemented, in which the part of the information is stored outside of the blockchain, and at the same time, the block size can be increased to 2 MB. But still, there were transaction timing issues.

Hardfork

On August 1st, 2017, a Hardfork was introduced, were a new Bitcoin network with 8 MB block size was introduced. Hardfork is just updating the existing Bitcoin software to a new version, and the entire Bitcoin network is split into Normal blockchains and hard forked blockchains. These two networks function independently. After the hard forking, the user with a standard Bitcoin network will receive the equivalent amount of Bitcoin cash tokens to the total Bitcoins they held.

bitcoin-introduction

After this challenging forking process, the Bitcoin cash was being prevalently used by most of the people than Bitcoins. The Bitcoin cash was also very cheaper in terms of the transaction fee than the Bitcoin transaction fee.

Difference between Bitcoin cash and Bitcoins

  • The Bitcoins have a block size capacity of 1 MB leading to prolonged transaction time. Bitcoin cash, on the other hand, the Bitcoin cash has a size of 8 MB, allowing fast transaction time.
  • The Bitcoins have only one mining pool, whereas the Bitcoin cash has three mining pools.
  • The Bitcoin cash has a unique hash signature for each Bitcoin cash use. But in Bitcoins, the previous block’s information will also be available at the next block.
  • Bitcoin cash has a unique verification process that is secured when compared to Bitcoins.
  • A new algorithm was developed in maintaining the mining process of Bitcoin cash to ensure efficient work when there is scarcity in the number of miners.
  • The bitcoin cash has a speedy transaction when compared to all cryptocurrencies.

Thus, this section has provided a deep insight into what Bitcoin cash is and how it is different from Bitcoins.

Bitcoin Wallet – A Digital Currency Holder You Must Know About

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Bitcoins are the virtual currency system, where the transactions take place quickly and easily. Initially, Bitcoins were not used by many people. But as it has profitable returns, many people opted for bitcoin investment. Bitcoins are generally stored in a wallet, a file either stored in the cloud or a computer system. This article gives deep insight into what a bitcoin wallet is and how it is used.

bitcoin-digital-currency

The technical meaning of Bitcoin wallet

The Bitcoin wallets are the files that hold the digital currency. To make a Bitcoin transaction, the user must contain a public wallet address and a transaction signature. These both can be accessed only with a private key, which is known as the Bitcoin wallet. You can invest in bitcoins using online platforms

Types of Bitcoin wallet

There are many types of Bitcoin wallets. The following section discusses Bitcoin wallet types.

1. Bitcoin in a paper wallet

As the name indicates, the paper wallets are just like a document, where the receiver’s public wallet address and the sender’s private key will be printed as QR codes in the paper. By scanning those codes, through software, the keys can be entered and initiate the transaction process. The paper wallet is safe from hacking as it is done offline.

But there is much vulnerability for spying your paper document while generating the keys. So it is mandatory to use operating systems like Ubuntu and use a safe printer that is not connected to the internet. The paper wallets have to be safeguarded in a waterproof cover to avoid getting wet and tampering.

2. Physical Bitcoin

Like the standard coins, Bitcoins took the shape of credit first, loaded with some amount of Bitcoins. Later on, it takes the form of a gold medal. The medal can be used for transactions only with a private key, and these private keys will be hidden inside a removable hologram. The key will be available as a tamper manifest seal. By doing so, the Bitcoins can be used for transactions.

This type of wallet allows you to store your Bitcoins physically and thus aiding for offline transactions. But the main disadvantage is that there are many malfunctions with physical Bitcoins, and hence the usage of physical Bitcoins has been stopped.

3. Mobile Wallets

For those who need frequent usage of Bitcoins for online shopping, mobile wallets will be handy. The users need to download e-wallets to their Smartphones. The user’s private key will be generated, which can be used to make payment for any online shopping that supports Bitcoins.

bitcoin-introduction

Mobile wallets are beneficial for frequent Bitcoin users. They can give a single tap for initiating a Bitcoin transaction. But the mobile wallets can be hacked by hackers, and the Smart Phones without locked security allows the wallet access by anyone who uses your phone.

4. Web wallets

In the case of web wallets, the private keys will be stored in a server. The user can acquire their private key using registering their account with the e-wallet website. The user will be provided with login details, and after login, a code will be generated to access the digital wallet.

Again though it has lots of benefits, the websites are vulnerable to hackers, and the third parties might be fraudulent who might gain access to your private key leading to the loss of all the Bitcoins.

5. Desktop wallets

In the case of e-wallets, the e-wallet software can be downloaded on the desktop systems, and the private key can be generated on your order. But as they are files, there is a chance of viruses corrupting your system and leading to the loss of entire wallets. Or sometimes, hackers might hack your system while connected to the internet. So, appropriate protection mechanisms must be enforced for safe transactions.

Thus there are different types of wallets available for Bitcoin transactions. Each one has its one advantage and disadvantage. It depends on the user’s convenience to choose any Bitcoin wallet, which must have specific protection mechanisms for a safe transaction.

Bitcoin- An Easy Guide For Beginners

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Are you trying to know about Bitcoin right from the beginning? Or are you probably looking for a piece of information that explains bitcoin’s technical details so you can get it?

Well, you have reached the right place. This article covers up all the essential details about bitcoin so that you can use it easily and understand how it can profit you. This guide also tells you about the pros and cons of bitcoin.

bitcoin-introduction

What is Bitcoin?

Alright, so you might have heard the name bitcoin number of times, but what exactly is it? Well, it is a virtual currency that is used among individuals electronically.  It is a peer to peer system which does not consist of any specific or central control. It is different from regular currencies in the sense of tangibility. It cannot be printed and does not consist of a particular or limited amount.

This is a new and creative payment process that reduces the requirement of a central network that ensures safe and secure transactions. It is designed to facilitate trustless payments between two unknown parties on the internet located anywhere across the globe.

This digital currency allows explicitly different individuals who hardly know and cannot trust each other to make transactions in the same manner as if they are exchanging money back and forth as it happens in real life. Bitcoins include a toll called public-key encryption that allows different individuals to get transaction messages very fast. Individuals can also search for the amount of data used for the payment process.

What is the working mechanism of bitcoin?

As mentioned above, this is a virtual currency, and which is why it is entirely digital and known to be self-contained and has an enclosed value. If you own a bitcoin, you do not have to go to the banks to withdraw or deposit any money. After individuals own bitcoins, they are pretty valuable, sometimes even valuable, as pieces of gold and can be traded off whenever you want.

You can literally use a bitcoin like a property, which means buying it earlier and later selling it when its value increases in the market. It has actually become the source of income for many individuals across the globe.

You get a personal wallet through which you can trade, sell, or buy bitcoin easily. Do you have any idea on how to trade with bitcoins? This personal wallet works as a storehouse for all the detailed information about your bitcoin, which can be accessed on any of your devices such as phones, tablets, personal computers, etc. It is very easy to use. It is a database in itself. You can invest in bitcoins through bitcointalkshow.com

How can you own a bitcoin?

You can own bitcoin in various ways. Mentioned here are some easy ways you can own the bitcoin.

  • Through exchange- Bitcoins can be bought through exchanging digital or cryptocurrencies and through regular fiat money as well.
  • Real Money- It can be bought using actual money.
  • Direct buying- This is by far the easiest way to own bitcoin. You can buy bitcoins directly from another person who uses bitcoin. There are different tools like Bitquick or Bisq, to aid the process.
  • Mining- It is an uncommon and not so easy way to get Bitcoins because it is very high in cost and needs technical expertise. However, it means adding more bitcoins to the circulation process.
  • Selling stuff- You can even buy bitcoin by selling things which equal to bitcoin’s value at the point of time.
  • Generate- Bitcoins can also be generated or created by using a computer of your own.

 Advantages of bitcoin

  • It aids safe and secure transactions. The payment can be made from anywhere you want to whoever you want without fear of the potential expense of a purchase.
  • It does not reveal a person’s identity, which makes it safe from the risk of identity thefts and fraud.
  • Like property and gold, the bitcoin’s value keeps changing and might provide you a lot of profit if the value increases.
  • You no longer have to worry about the banking hassle with bitcoin.

Disadvantages of bitcoin

  • Being volatile, it might cause a lot of losses.
  • Hackers always got their eyes on the bitcoins.
  • There is no refund policy.

Bitcoin: The World’s Fastest-Growing Cryptocurrency

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Bitcoin is a cryptocurrency (or digital currency) that allows instant payment to anyone and anywhere. Bitcoin was invented in 2007 by ‘Satoshi Nakamoto,’ and it started working on its pre-stage in 2009. In the beginning, it was used as ‘open-source software’. Bitcoin is a digital currency that doesn’t belong to a central bank or any single administrator can be sent one user to another through peer-to-peer bitcoin networks without intermediaries like banks and other money transfer methods. Bitcoin is like real currency; it can buy anything on the internet just like the real money does. We have compared the top ones and found that Bitcoin, Tether and Binance Coin are the top-3 cryptocurrencies with the highest market capitalization.

bitcoin-introduction

How does bitcoin work?

For a new user, it’s pretty much like how an Email works, and it works just like that. In Email, a person sends data to another person, similarly in bitcoin data, replaces digital money. You need to install a personal bitcoin wallet on your mobile or computer, and then it will generate your first bitcoin address. You can also have more than one address as you need. You disclose your address to your friends so they can pay you. Bitcoin addresses should be used only once, and then you have to add a new address.

How safe are bitcoins transactions?

Bitcoin transactions are recorded by a public ledger called ‘blockchain.’ Blockchain is the starting process of transactions in bitcoin. Bitcoins wallets keep hidden data, called a private key or seed, which is used to sign transactions. Also, it used to provide a mathematical proof that they came from their owner’s wallet. This proves how secure the bitcoin transaction is. All transactions are broadcast to the network through a process called bitcoin mining. If you are looking for any small business ideas, bitcoin trading is something that you can try.

What is Mining?

It is a distributed consensus system which uses to confirm pending transactions by including them in the blockchain. To preserve the neutrality of the network, mining enforces a chronological order in the blockchain and allows different devices to agree on the state of the system. You can invest in bitcoins using the online bitcoin trading website bitcoinsystem.app/de

To be sure, the transaction must be packed in a block with stringent rules that are required to be verified by the specific network. These rules prevent previous blocks from being modified because doing this would invalidate all the subsequent blocks. These blocks connect to other blocks and make the blockchain. Bitcoin transactions are completed securely by this process.

crytpomining

Merits of bitcoin

1. Fast peer to peer transaction

Bitcoin is open-source, its design is public, nobody owns and controls Bitcoin, and everyone can take part in it. It is merely a person to person money transfer which is fast and trustable.

2. Worldwide payments

Hundreds of merchants accept bitcoins payments. You can purchase any item from it and also earn bitcoins from selling items. It is like an international currency. Paying bitcoin to someone who is in another country is as easy as paying someone in the streets.

3. A higher value is relative to other cryptocurrencies

Have look on Crypto Head to know that the bitcoin has the most potent and stable value compared to any other digital currency at this time. This allows individuals to keep their original cost when converting to fiat currencies such as U.S. dollars and euro.

4. Low processing fees

Bitcoin comes with lower transaction fees compare to other digital payment methods such as credit cards and PayPal. Another digital payment method transaction cost is more than 2% or 3%; on the other hand, the bitcoins transaction value is more than 1% of its value.

Demerits of Bitcoin

1. Black market activity

Bitcoin is always attractive to criminals and grey market participants. It is always assumed that corrupt people hide their black money through bitcoin. Black Money can lead to a significant misuse of bitcoin.

2. No refunds or chargebacks

All credit card companies and traditional online processors have a policy for chargebacks or refunds, but bitcoin didn’t have this facility. If you order something and the seller never delivers the product, users can’t request a refund through bitcoin. This feature is yet to be built into bitcoin. In addition, the value of a currency is volatile, which might cause loss or profit both.

3. Always popular in hackers

Since bitcoin is the world’s most famous cryptocurrency, it faces more share of scams, fraud, and attacks than any other standard cryptocurrency do.

4. Negative environmental impact

Bitcoin mining causes environmental degradation. Blockchain companies consumes vast amounts of electricity. Big bitcoin mining companies use electricity from dirty coal plants, which makes routinely horrific smog, which makes a harmful environment for living beings.

Recommended Reading: Understanding the Electronic Yuan

Bitcoin Mining: Everything You Need to Know

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Bitcoins is one of the leading cryptocurrencies with tremendous returns. When compared to the olden days, these days’ people are interested in making investments on Bitcoins. Many of us knew that the maximum limit for Bitcoin mining is $21 million. But many do not know about what is Bitcoin mining and how does it function. Here in this article, we will help you out with all mining-related queries before you start to invest in Bitcoins.

crytpomining

Bitcoin Mining

The term Bitcoins can be obtained in various ways. There are three ways of mining Bitcoins. One is to exchange cash for acquiring Bitcoins through Bitcoin trading agencies. The second way is to buy and sell through shopping, and the third one is mining new Bitcoins, which involves complex mathematical problems.

Mining involves the process of accumulating Bitcoins transactions to the global public ledger called Blockchains. The Blockchain keeps track of all the Bitcoin transactions as Blocks. The Blockchain also helps distinguish the actual Bitcoins from the already used Bitcoins for spending in the Bitcoin transaction.

Hash

When the Bitcoins are transacted, it will be recorded as blocks in the Blockchain. The miners will use the information in the Block for the mining process by applying complex mathematical functions by turning the data into a Hash, which consists of a random series of numerals and characters.

The hash not only contains the encrypted information of the current Block. It will also have encrypted information of previous blocks. This hash technique is very secure. When some anonymous user tries to access the Block, the entire hash will get changed to a completely different sequence, making it harder for the malicious user to access the blocks in the Blockchain.

Another exciting thing about hash is, the information in the mixture can be of varying lengths. But the hash length of all the blocks will be in the same period.

Bonus

A miner’s job is to effectively maintain all the Bitcoin that has been transacted as blocks and distinguish the actual Bitcoins from the already spent Bitcoins. There is software for mining Bitcoins. If a block in Blockchain is sealed and completed, it means that the mining process is complete, and the miners with successful mining are awarded bonuses!

As the Bitcoins are mined in fewer amounts, the value of the Bitcoins also will rise as that of Gold. Even though Gold cannot be extracted in large quantities, its value will last for a long time. The price value will also increase, and the rate drop will be at a slow pace. The same applies to Bitcoin. So as the value increases, the rewards for successful mining will also increase.

bitcoin-mining

The process of hashing is straightforward, with the advancements of computer technologies. But what happens if miners start producing thousands of hashes at the same? To make a steady hash production, the Bitcoin system should enforce certain time constraints or slowing down the process.

Proof of work

The Hash production in the blockchains is proof of a Bitcoin transaction. To ensure a safe Bitcoin system and avoid fraudulent activities, the hash generation must be complicated more, and the processing time must also be increased. By making complex hashes, the intruders will not be able to identify or decrypt the hash information. If the intruder tries to access the Block, the hash information will change automatically into a more complex form. To invest in bitcoins you can visit cfd trader website

Working of Blocks

This section briefly explains the working of Blockchain here:

The user first initiates a Bitcoin transaction either by selling or buying. This transaction is recorded as blocks in the Blockchain. Next, a verification process will take place to check whether the deal is valid or not. The next step is to make the block information of the previous Block and insert it into the new Block in hash format. Next is the proof of the work process takes place.  If the Block is valid, it will be added to the Blockchain and sent to the network as a new hash block.

Thus this article has given a deep insight into what Bitcoin mining is and how does it work.

The Rising Appeal of ESG Investments

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The focus of both individual and institutional investment portfolios has shifted in recent years, with greater emphasis being placed on the environmental, social and governance (ESG) stance of companies. This signals the rise in responsible investing where profits are no longer put before the planet and the well-being of its inhabitants.

According to a report by Bloomberg Intelligence, global ESG assets could surpass $50 trillion by 2025, accounting for as much as one-third of the projected total assets under management globally. As investors continue to place their money into more sustainable business models, this article seeks to uncover some of the reasons behind this growing trend.

ESG investment trends

Influence of Younger Generations

Much of the growth in ESG-investing is being spurred on by younger generations of millennials and Gen Z who are socially and environmentally conscious and concerned with building a better future.

This generational shift is highlighted by an in-depth survey carried out by asset management firm Amundi in collaboration with the Business Times which found that 82% of young millennials surveyed between the ages of 25 and 34 were ‘engaged’ ESG investors. This figure rose to 93% of Gen Z people who were aged between 21 and 24 years old, making them the highest amongst all age groups. With ESG matters being of such strong concern to the younger generations, investment in these areas is only set to grow.

Mitigation of Risks

Failure to take adequate notice of ESG factors can come with considerable risks for investors. Aside from the negative perception in the eyes of the public which can do untold reputational damage to a business’s brand and share price, the increasing regulatory burden associated with ESG factors can become crippling.

Companies have various ESG management and reporting requirements to which they must adhere including those mandated by the  Task Force for Climate-related Financial Disclosures (TCFD), the Sustainable Accounting Standards Board (SASB), and the Global Reporting Initiative (GRI). Investors use these reports to track benchmarks and compliance with issues such as carbon emission levels, labor practices and the composition of board directors.

According to a PwC investor study that surveyed 325 investors globally, 79% reported that  ESG risks are an important factor in their investment decision-making with almost 50% stating their willingness to divest from companies that do not take sufficient action on ESG issues.

How Does ESG Bring Value To A Company?

Better Returns

The misconception that companies that focus on sustainable and socially ethical business practices yield lower returns has been dispelled in recent years. According to findings by the Royal Bank of Canada (RBC), these two aims are not mutually exclusive as a clear correlation was found to exist between strong sustainability practices and company performance. Some other key findings from their report include the following:

  • Stock price performance is often linked to strong governance and environmental practices.
  • Companies with high ESG ratings typically outperform the market in the medium and long term.
  • Strong ESG practices result in better operational performance.
  • Businesses that focus on sustainability also handle environmental, reputational, and financial risks more effectively, helping to stabilize cash flows.

With findings like these, the trend toward ESG investing looks poised to continue well into the future, enhancing both returns for investors as well as the overall welfare of our world.

10 Trending Crypto Exchanges in 2022

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Trends are born every few days in the world of cryptocurrency. Some crypto coins fall in price, some become more expensive. But in all of this fuss, it is vital to stick to the plan you have created and use reliable tools to make your financial operations.

On the one hand, some trends can be your friends rather than enemies. On the other hand, every popular method or tool should be viewed critically and analyzed. Still, the fashion for proven exchanges is good since it lets you choose a reliable tool in a minute and never regret using it.

The crazy popularity of exchanges like Coinbase, Kraken, and Binance makes the crypto world go round with thousands of transactions taking place every minute. So, this short read will enlist a few of the top exchanges for the end of 2021 to know which platforms you can confidently rely on.

First, we will describe 10 platforms on our top list. Let’s get started!

10 Trending Crypto Exchanges

1. Binance

This global crypto exchange is a leading service among low-fee platforms making crypto available for everyone. Its great plus for beginners is the intuitive interface and structure, allowing quick and efficient exchange with under 10,000 USD cost.

Binance can boast a choice of crypto coins. Its number in the domestic version exceeds 50 and is still growing. It seems like everything you can dream of in a crypto exchange is found on Binance. The only minus is that many US states currently do not allow their citizens to hold accounts on Binance.

2. Kraken

‘Low fees’ is the first thing that comes to mind of every Kraken enthusiast. And really, the maker fee at this service is very low and equals 0,16-0,26 % depending on the transaction. This makes the exchange a perfect choice for anyone buying crypto for individual use or business and orienting on bulk purchase.

This is also one of the first exchanges ever created in the history of cryptocurrency. It is super protected, has excellent cybersecurity safety records, and offers endless features for advanced users.

3. LetsExchange

This exchange is younger and, at first, may seem an unpretentious place. Until you find out it trades over 200 coins, calculates your profits, and never puts a limit on an exchange.

Starting level traders will appreciate the informative blog where relevant tips are regularly uploaded. For example, you can learn about the cryptocurrency list price or find out new trading strategies. Besides, a chart tool shows you the changes in the price of different crypto coins for the last 24 hours and the average profit received in this timeframe.

Plus, if you want to find the newest crypto coins and make, for example, XMR to PIVX exchange, this place will let it happen.

Other famous and reliable exchanges include:

4. com

Crypto.com exchange is also famous for a broad range of cryptocurrencies. Over 100 of them are available for trading, and it gives generous additional perks. In addition, the tool makes exchanges a funny game that you never want to quit!

bitcoin-introduction

5. Gemini

The service resembles Coinbase in its ease of use and functionality. It is perfect for beginners, with low convenience fees and plenty of opportunities to trade different sums.

6. io

With fees a bit higher than on Kraken and a more complicated trading procedure, this tool is still valuable because of the abundance of new Altcoins that you can exchange here with no limits.

7. coin

This less famous tool allows you to buy all types of coins at a relatively low fee of 0,1%. Its special perk includes having 20% off the fee if you pay with Ku coin’s KCS stable coins.

8. Coinbase Exchange

The place remains the largest US-founded exchange with the most attractive features but higher than average fees.

9. Bitfinex

Finally, there is an advanced tool for those in trading for a long time with the option of margin trading and lending.

10. Luno

Luno is primarily attractive for its easy use, accessibility of all kinds of coins, and perks such as free crypto for inviting friends. Here you can trade on the run.

Conclusion

Many of these platforms remain the gold standard to other services. As a result, using them will increase the odds of successful and secure trades. But don’t rely just on exchanges – count on your strategy and knowledge of the market.

Where Can I Exchange COTI to CAKE Safely and Fast?

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Investing in blockchain is not a walk on the park if you don’t know where to buy, sell, and convert your tokens. Are you looking for an excellent platform where you can convert COTI to CAKE safely and quickly? Find out how you can trade COTI for CAKE in this guide.

What is COTI?

COTI is an enterprise branding itself as a fintech project. Its main purpose is to an acceptable payment solution by digitizing any tokens and fiat currencies. This venture should minimize transaction fees and save time by performing quick transactions.

The project uses blockchain protocols to optimize decentralized payments. This functionality makes COTI user-friendly for DApps, governments, stable coin issuers, and merchants.

Where can I exchange COTI to CAKE

In an attempt to bring a change in the blockchain ecosystem, the COTI group launched COTI Pay. This app counters challenges and risks arising from using conventional financial services.

COTI is exceptional in the way it effortlessly creates time-saving fintech products using fewer data and money. As a result, you can optimize the platform and trade the stablecoin for other tokens. 

What is CAKE?

CAKE crypto is a decentralized native token fueling the PancakeSwap ecosystem since June 2019. Its main role was to generate liquidity and cash flow within the blockchain space. 

Though it is a DeFi project, CAKE operates on the Bitcoin network. The token circulates through proof of stake protocols and master nodes.

CAKE is an all-time crypto project for investors who want to make passive income. If you want to make passive income, here is a chance to trade in the PancakeSwap ecosystem. In addition, you can earn rewards by staking CAKE tokens –you will earn rewards for holding your assets on the platform. Consequently, many merchants use the platform to acquire higher rewards. Reasons you should invest in CAKE:

  • The platform is decentralized, making it easier to earn higher returns even when prices drop.
  • The site is transparent, thus allowing traders to analyze the software metrics on the public nodes and calculate rewards. 
  • You don’t have to worry about the safety of your assets, thanks to the enhanced safety features. 

Where to exchange COTI to CAKE quickly and safely

Here are the top three sites you should try to find favorable crypto exchange rankings and pairs for profitable COTI to CAKE investments. 

1. Binance

This exchange platform is popular for processing almost every crypto transaction. Unlike other exchanges, trading COTI for tokens like CAKE on Binance is quick and doesn’t incur a higher conversion fee. You are also guaranteed liquidity when trading on Binance, making buying, selling, and exchanging assets easier. 

2. KuCoin

KuCoin is a well-known competitive trading platform renowned for charging lower transaction fees safely. Since its inception, KuCoin has been providing secure and fast transactions for more than 200 tokens, including COTI. And the best thing about KuCoin is that you will find the newest cryptocurrencies listed on the platform. This gives you a chance to try investing in new assets. 

3. Gate.io

This exchange site guarantees safe, quick crypto transactions for new and experienced traders. In addition, traders can find a variety of altcoins on Gate.io, including a COTI to CAKE trading pair. 

Think It’s Too Early for Maternity Insurance? Read This

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Childbirth is a beautiful experience, and it is a joy for parents to welcome new life into this world. However, the process comes with its set of financial hurdles in the form of hospitalizations, birth complications, among other things. A maternity insurance is the best way to ensure that expectant mothers and their new-born children get the care they deserve.

Before you choose the maternity insurance policy you want to take, there are a few things you need to keep in mind. If you are thinking about getting a maternity insurance policy, then this article is for you. We will look at why you need an insurance policy, some tips you should know about, and what maternity insurance covers.

Things to Keep in Mind Before Buying A Maternity Insurance

What is Maternity Insurance?

Maternity insurance helps to ensure that the expecting mothers and their families enjoy the smooth journey of motherhood. It is advisable to get a pregnancy scan first to check your pregnancy. The progressive rise of medical expenses and soaring hospitalization costs could cause financial hardship for expecting couples if they have not taken out a policy.

As a parent, you want a maternity health plan that would help you cover the costs of childbirth and pregnancy. With rising medical inflation and skyrocketing hospitalization charges, you know you are faced with lots of financial hurdles in your journey as a parent.

Why Is Maternity Insurance Important and When Should You Buy One?

Women must have access to good healthcare facilities before and during delivery. However, rising healthcare inflation presents a challenge. That’s why health insurance with maternity coverage is essential.

There is often a waiting period for health insurance with maternity cover, so ideally you should opt for it a few years before you wish to start your family. The maternity insurance policy by Care Insurance has a waiting period ranging from 9 months to 24 months, depending on the type of policy you choose.

Things to Keep in Mind Before Buying A Maternity Insurance

Before you decide which maternity insurance you want to take, there are a few things you should keep in mind. Let’s take a look.

  • Select a maternity insurance plan that protects you not only against hospitalization costs but also against other important medical expenses.
  • Check out the cashless network hospitals so you’ll be able to access them easily in case of an emergency.
  • There are a few benefits you need to look for in maternity plans, including coverage for new-born babies, day-care procedures, and new-age treatments.
  • Get information about how to file a maternity insurance claim, so that you will not face any delays or hassles.
  • Look out for ways to save money. For instance, you may be able to save money by buying a multi-year policy.
  • It is important to understand the policy inclusions, sub-limits, and waiting period in the policy documents.

What Does Maternity Insurance Cover?

Health-related complications during delivery are a cause of concern in expectant mothers. So, it is important to know the extents of the maternity insurance coverage to avoid any disappointments in a time of need.

Maternity insurance covers expenses both before and after birth. Some policies also provide insurance for new-born babies until 90 days after birth. Furthermore, you can also get a tax benefit on the premiums paid for the maternity insurance. They help you reduce your tax liability and plan for medical expenses- so it’s a win-win!

Some maternity insurance policies also give you easy settlement options by providing cashless service. All you have to do is present your card at partner hospitals and your expenses are taken care of. Even if you opt for a non-partner hospital, you can provide the right documents and get your claim processed.

Plan Your Family’s Future

Hospitalizations and medical expenses during childbirth can be a major hurdle for parents. To ensure a healthy pregnancy, you should make sure that the financial aspect is taken care of so that you can take care of your family.

Maternity insurance helps you prepare for medical expenses, take care of hospital bills, and prepare for complications. You should get a head start and look at policies that suit your needs.