Tag Archives: bitcoin

Buy 20000 in Bitcoin wVisa amp Mastercard

Popular Crypto App Targets Mainstream,
Lets Users Buy $20,000 in Bitcoin
With Visa and Mastercard

Startup Abra has integrated new options for buying Bitcoin. Through its website or via the Abra app, users can now buy Bitcoin with a Visa or Mastercard credit card or debit card from anywhere in the world.

Prior to the addition of the new payment options, US Abra users could use American Express and worldwide Abra users could buy Bitcoin by linking to a bank account and making an ACH deposit or a wire transfer. Processing times are usually 1-3 business days for ACH transfers and 5-8 business days for wire transfers.

The Visa and Mastercard options dramatically increase the speed at which users can purchase cryptocurrency, and it increases the spending limit. Users can buy up to $20,000 worth of Bitcoin at a time, a ten-fold increase over the $2,000 limit for bank deposits.

The new purchasing options have the potential to reach a worldwide audience of hundreds of millions of credit card holders. Abra already has users from 70 countries. “With this launch, we can now offer a simple way for customers globally to use Abra to buy their first Bitcoin using any Visa or Mastercard, and then start investing in any of the other 24 cryptocurrencies we support today,” said Abra CEO Bill Barhydt in an interview with Bitcoin Magazine.

Abra also offers users without bank account services the option to buy altcoins using Bitcoin and Litecoin.

The company has partnered with Simplex, a fintech company, to power the new payment options. As an EU licensed financial institution, Simplex focuses on fraud prevention using an AI algorithm.

Abra is a non-custodial wallet and does not directly hold customers’ funds. Instead, it implements blockchain technology that lets users hold the keys to their own funds, facilitating trades for 25 cryptocurrencies, and allowing users to send and receive Bitcoin, Litecoin and over 50 fiat currencies.

Crypto enthusiasts can invest in the following coins:

  • Augur (REP)Bitcoin (BTC)
  • Bitcoin Cash (BCH)
  • Bitcoin Gold (BTG)
  • Dash (DASH)
  • DigiByte (DGB)
  • Dogecoin (DOGE)
  • Ether (ETH)
  • Ethereum Classic (ETC)
  • Golem (GNT)
  • Litecoin (LTC)
  • Lisk (LSK)
  • Monero (XMR)
  • NEM (XEM)
  • NEO (NEO)
  • OmiseGO (OMG)
  • QTUM (QTUM)
  • Ripple (XRP)
  • Status (SNT)
  • Stratis (STRAT)
  • Stellar (XLM)
  • Verge (XVG)
  • Vertcoin (VTC)
  • Zcash (ZEC)
  • 0x (ZRX)

For further information regarding this article and original content:
https://dailyhodl.com/2018/07/13/popular-crypto-app-targets-mainstream-lets-users-buy-20000-in-bitcoin-with-visa-and-mastercard

Disclaimer: BITCOIN July 13, 2018 Daily Hodl Staff
Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin or cryptocurrency. Your transfers and trades are at your own risk. Any losses you may incur are your responsibility. Please note that The Daily Hodl participates in affiliate marketing.

E. Sue Bennett

Before You Buy Bitcoin Read This

Many investors are asking:
Should I buy Bitcoins or other cryptocurrencies? And if not, why?

What Is Bitcoin?

Bitcoin arrived on the scene in 2009. The digital currency is created and held electronically. Its value stems partly from the fact that it's decentralized; no single institution or government controls the network. It was developed based on a proposal from a software developer called Satoshi Nakamoto, according to CoinDesk, which tracks cryptocurrency prices and reports on events in the crypto space. Low transaction costs are another feature along with instantaneous transfers.

Perhaps its biggest attraction is that its supply can't be increased or decreased at the whim of a controlling entity. Similar to gold and other precious metals, Bitcoins can be "mined," but it's done by using computing power in a distributed network. And like gold, Bitcoin supply is limited. And it's headed toward terminal creation.

Bitcoin rules state that only 21 million Bitcoins can ever be created, though the coins can be split into smaller parts. That could make Bitcoin, like gold, an attractive inflation hedge, backers say. There are 16.67 million Bitcoin in circulation now.

On the other hand, the potential creation of new digital currencies creates "the possibility of limitless supply of different cryptocurrencies," undermining the value of existing ones, UBS warned recently.

For further information: 
https://www.investors.com/etfs-and-funds/etfs/before-buy-bitcoin-know-cryptocurrency-investment-risks/

 

 

E. Sue Bennett

Meet the Richest People in Bitcoin amp Cryptocurrencies

…who are worth more than $17 billion combined.*

*As of February, 2018, according to Forbes Magazine (Middle East Edition), in the world of cryptocurrency, fortunes can be made overnight, and the winners of this digital lottery differ from those in previous manias.

See the full list: https://www.forbesmiddleeast.com/en/list/richest-people-cryptocurrency/

E. Sue Bennett

Markethive: Leading the Way Multiple Revenue Streams

@Markethive:
Leads the Way, Multiple Revenue Streams

I'd be willing to bet you've been told this before: don’t put all your eggs in one basket. This concept is as relevant in business as in any other facet of life in general, and something that Markethive represents and subscribes to more than most.

Most successful companies in the world who have seen explosive growth and their successes strengthened, even during the darkest of economic times when the markets are at best seen as "underperforming", can contribute their gains to being able to tap into various profitable streams of income and resources.

We’ve seen companies such as Apple rely upon this diversification standard, depending upon not only on their sales of iPhones, iPads and MacBooks, but also being able to generate revenues through their music and other subscription services.

Depending entirely upon only one revenue source is as risky as investing all of your money into only one stock, commodity or asset. If the market or your investment crashes for any reason or the economy "tanks" or turns upside down, you are in real trouble, as we saw happen in the Great Recession of 2008-2009.

A substantial startup that embodies this "generation of diversified income streams business model" is Markethive, a company that incubates multiple projects and ventures that are able to benefit greatly from blockchain technology.
 

As well as being well-known for its ILP model that provides a viable alternative to the more traditional ICO model of funding, Markethive represents a number of revenue sources, thereby establishing that its income is diverse and not entirely dependent upon just one source.

When it comes to the generation of multiple income sources, Markethive is also open to working in conjunction with strategic partnerships with other companies.

In my opinion, and to summarize … all businesses should look to implement ways to broaden their revenue streams. Markethive is actually known for being in front of the leading edge curve, and already appears to be leading the way with respect to utilizing blockchain technology in very innovative and creative ways. The possibilities are virtually limitless.

E. Sue Bennett