Publicly-listed Crypto Exchange Offers Margin Trading in Crypto Spot Market

16th November 2020, Copenhagen, Denmark – Only two months down the road from the launch of the new company in September, the Scandinavian crypto exchange CPH Crypto now adds margin trading with leverage 10x at zero cost in the crypto spot market including the most popular cryptocurrency pairs.  

CPH Crypto launched at the beginning of September with a clear profile and a strong message to the crypto market: The current level of trading fees set by the biggest international trading platforms does not benefit customers and must be driven down. CPH Crypto’s mission is to make that happen by offering a fixed fee of only 39 USD/month for unlimited trading. Or a commission of only 0.04 pct. per transaction for single trading.  

 

Freedom to Pursue any Strategy

A lesson learned over the years is that cost kills profit. That is why CPH Crypto is targeting primarily active and professional crypto traders who need full freedom to pursue their trading strategies without worrying about the costs.

“When we launched CPH Crypto, the platform offered the most basic services. But now, a few months later we are happy to announce that margin trading and leverage 10x in the crypto spot market are available services on the trading platform,” says Jan Andersen, CEO of CPH Crypto.

For new clients, margin trading will even be free of cost for a limited period of time, so everybody has a chance to benefit and explore CPH Crypto’s services first hand and with no strings attached. Jan Andersen explains:

“Active traders should only have to focus on their trading strategy and not on the costs. That’s the core idea and philosophy of CPH Crypto. But active traders also want advanced opportunities, instruments and services like margin trading and leverage to support their strategies and manage their portfolio. These services have been our top priority.”

 

Deposits Insured

When trading with CPH Crypto, all client crypto deposits are insured. So in the unlikely event of the company being hacked, clients’ deposits would not be affected.

“Trust and credibility are key values for CPH Crypto and that’s why we have this rather unusual feature of insured crypto deposit as a cornerstone in our client offer,” says Jan.

 

CPH Crypto is registered with the Danish FSA according to the AMLD5 Directive on Anti Money Laundering.

Visit the CPH Crypto website now: www.cphcrypto.com

 

Media Contact Details
Contact Name: Jan Andersen
Contact Number: +45 4060 3239
Contact Email: jan@cphcrypto.com

 

CPH Crypto is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. 

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1xBit Announces New Live Casino Game CRYPTOMONOPOLY With 1BTC Prize Pool

11th November 2020, Limassol, Cyprus – Leading crypto casino 1xBit is launching an exciting new live casino tournament based on the famous board game, Monopoly. Much like traditional Monopoly the game involves multiple players who take turns at rolling two six-sided dice to move around the game buying and developing properties, earning money in the process.

Staying Sharp

Already one of the most enjoyable and widely played board games in the world, Monopoly (and board games in general) have also been linked to other health benefits. According to a study by psychologists at the University of Edinburgh people who play games (such as cards and board games) are more likely to stay mentally sharp in later life. Those who regularly played non-digital games scored better on memory and thinking tests, reducing stress, and more.

Big Prize Monopoly Tournament

This November, Evolution Gaming and Live Casino Vivo Gaming invite fans of the game to compete in the captivating atmosphere of the board game Monopoly, and be in the running to win a prize pool of 1BTC ($15,400 at the time of writing). The prize will be shared among 10 places, with the first getting half of the pool (0.5 BTC or 500mBTC). 

1xBit is a highly reputable betting site that has combined both competitiveness and a friendly vibe in this new live casino tournament, CRYPTOMONOPOLY. 

7BTC Welcome bonus

New users who have just signed up usually receive a Welcome Bonus, also known as a sign-up bonus. 1xBit rewards users who register on the platform with a welcome bonus of up to 7 BTС for their first four deposits. New players can claim a 100% bonus up to 1 BTC for their 1st deposit, a 50% bonus up to 1 BTC for their 2nd deposit, a 100% bonus up to 2 BTC for their 3rd deposit, and a 50% bonus up to 3 BTC for their 4th deposit.

Why Choose 1xBit?

There are now more than 25 cryptocurrencies available on the platform for you to choose from and use to bet. 1xBit is also fully anonymous, so players don’t have to worry about their data getting out there. The company understands the importance of privacy on the internet, so it has streamlined the sign-up process and does not ask anyone to compromise their privacy.

There is also a cashback of 11% for VIP players who want that little bit extra, and in excess of 200 available games, including Live Baccarat, Live Blackjack, Live Jackpot, Live Poker, Live Roulette, Live Sicbo, Live Monopoly, Live Over/Under, Live Deal or no deal, and Live Dice.

Tournament Details

The unique CRYPTOMONOPOLY competition will start on November 11, 2020, at 00:00 GMT and lasts till December 6, 2020, at 23:59 GMT. All fans of gambling can participate in this tournament to win from the prize pool, in addition to having the fun experience of playing their favorite board game live online.

To participate in the exciting upcoming CRYPTOMONOPOLY tournament, sign-up and get all the benefits from 1xBit, as well as stand a chance to win from the tournament prize pool.

For more information about 1xBit, please visit – https://1xbit.com/

Check out the official 1xBit blog for the latest articles – https://1xbit.com/blog/

 

Media Contact Details

Contact name: Anastasia Semenova

Email: marketing@1x-bit.com

1xBit is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

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Trending Bitcoin News and Market Sentiment, Weekly Edition, 6th November 2020: Bitcoin Poised to Break $16,000 as 2020 Highs Lead to Crypto Buzzing

• As Trump and Biden stand off on razor’s edge over the 2020 US Presidential Elections, Bitcoin soars to break new highs for the year, setting off a crypto rally
• Bitcoin fundamentals continue to strengthen while congestion eases off

The world may have had its eyes glued on television sets and Twitter for the latest updates on the US Presidential Elections, with candidates Donald Trump and Joe Biden set to end this campaign as the closest one in recent memory. Currently, Biden stands 6 electoral votes away from claiming victory, with Nevada providing that precise number of votes where the Democratic candidate is leading, with Associated Press currently projecting a victory for him there.

Trump has not given up of course, and his campaign team is already launching legal lawsuits to challenge the voting results and ballot count in several states, but however this ends, it will be the won by the tightest of margins, with the popular vote also intensely close as a country divided by social issues and the coronavirus battles for its political future.

Meanwhile, a Bitcoin rally that sparked over the weekend looks to continue strongly, when a stockmarket rally on Tuesday seemed to take heart in the equal division of political power in the US, prodding Bitcoin into high gear. Since then, it has only broken through the USD 14,000 resistance, setting new highs for the year and threatening on Friday to burst through new USD 16,000 levels last seen in 2017.

The rest of crypto market is taking the cue from Bitcoin, with Ethereum currently trading strongly above USD 440 to eat up orders at USD 420 onwards, and is set to also break its own 2020 high, with many altcoins now enjoying the same benefits. With Friday closing in Europe, price is now USD 15,500 for Bitcoin (CoinDesk) with even Ripple keeping hold of 25 cents.

But are we in a state of FOMO yet? The buzz is certainly there, but apparently, retail investors are not quite rushing in queue to buy Bitcoin just yet, at least, not according to Google, which says that the global search query for “bitcoin price” is only at a value of 10 out of a possible 100. A far cry from the 93 value recorded in December 2017 when Bitcoin last reached these levels. In May this year, when Bitcoin halving reduced the Bitcoin rewards to miners by 50%, the value was almost double today’s at 19, suggesting that individuals might still not yet be occupied with the rise in Bitcoin price.

There has not been this much Bitcoin FOMO since November 2017, can it continue to new heights? https://t.co/0kN5zeteLr

— Cointelegraph (@Cointelegraph) November 6, 2020

This does seem at odds with the analysis of others who say that FOMO is coming, though, with the likes of Cointelegraph saying that we haven’t seen these levels since the bull run of 2017. They point to indicators like the Fear and Greed Index which, according to data now is in the extreme greed zone of 90, last seen in June 2019 when the world’s most famous digital asset ploughed through all the stops to fall short at USD 14,000.

The hardest thing to do in a bull market is to sit. My pal Paul Jones calls it the ‘pain of the gain’.This is a $BTC bull market.Your job is to sit on your hands and lock away your phone.The instinct to ring the cash register is high. Don’t. Just HODL right now. Free advice 😉

— Mike Novogratz (@novogratz) November 5, 2020

Not everyone is saying to buy Bitcoin now of course, with crypto influencers like Mike Novogratz saying that we shouldn’t follow our emotions. He warned:

“The hardest thing to do in a bull market is to sit. My pal Paul Jones calls it the ‘pain of the gain.’ This is a $BTC bull market. Your job is to sit on your hands and lock away your phone.”

But can people really withstand the pain of the gain? Only time can tell, of course, but meanwhile, Bitcoin fundamentals appear strong, with Bitcoin network still processing at high hash rates, at the same time easing out the network congestion that last week pushed Bitcoin to the highest fees it had seen in years.

Although mining difficulty witnesses only its second-largest dip in history three days ago, this was just down from last week’s all-time difficulty high and since then, we are witnessing the SHA256 hashrate increasing a lot once more, spiking to 114 EH/s.

Following Tuesday’s difficulty drop, BTC’s hashrate has increased a great deal, spiking to 114 EH/s soon after.

Be safe, trade safe, and hold on to those sats!

 

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Place Bets on the Upcoming US Presidential Election on 1xBit

Bitcoin Press Release: With the US presidential election taking place on November 3rd, 2020 industry-leading betting site 1xBit is giving the world the chance to bet on the outcome, and win big. 

November 2nd 2020, Limassol, Cyprus – With the U.S presidential election just around the corner, the pressure is mounting on both candidates, sitting president Donald Trump and former Vice President Joe Biden. 

Americans (and the world) consider this to be a particularly important election which will determine how the country will fare for the next four years in the face of COVID-19, which has already severely affected the U.S economy in this year. 

Some polls have been conducted ahead of the coming election, and some reports say that Biden is ahead of Trump, albeit marginally. For instance, according to a BBC report, Biden scored 51% of the votes in one of the polls, while Trump got 42%. 

However if the 2016 election is any guide, polls must be taken with a pinch of salt, and anything can happen in this race. The two candidates are weighed based on their strengths and weaknesses. Trump is also weighed based on his performance in the last four years.

 

Pros and Cons of the Candidates

For the prospective gambler each candidate can be seen to have their own individual pros and cons. Trump voters would argue that their candidate possesses charisma and strong character, but those against Trump could question his handling of the COVID-19 pandemic and raise the issue of increasing national racial unrest since his appointment in 2016. 

Those looking to bet on Joe Biden could argue that he possesses a vast experience in politics, has integrity, and is more compassionate than his counterpart. On the other hand Trump believers would argue that Biden is questionable with expressing his thoughts with clarity, as seen during the presidential debates. Regardless of political views, both candidates are in with a good chance at victory and this one could go down to the wire. 

 

Ongoing Polls and Forecasts

So far, Biden is maintaining the lead in the national presidential polls, which shows that he holds a slender lead across those who have already voted. Biden is also winning in the battleground states, where a large turnout of early voters was recorded. More than 64 million people have already cast their votes ahead of the election, as they vote in a similar manner across states. Currently Biden looks to emerge as the preferred candidate in the national elections.

 

Bet on Politics with 1xBit

These elections resonated stunningly not only in American society, but also throughout the world.  Measuring the success of a candidate by his popularity in betting is common practice in modern politics, and therefore highly regarded crypto betting platform 1xBit is offering everyone to check out their competitive odds, and take part in this massively important race! 

New users get a welcome bonus of up to 7 BTC on sign-up, (which takes only a few minutes) and use more than 20 cryptocurrencies to bet. Anyone can place bets anonymously without revealing any personal details, and winnings can easily be withdrawn to a personal wallet without paying any fee.

As the U.S presidential election day draws closer, anyone can benefit from betting on the outcome on 1xBit. Several bonuses and incentives now await new and existing gamblers on their candidate pick. 

 

For more information about 1xBit, please visit – https://1xbit.com/

Check out the official 1xBit blog for the latest articles – https://1xbit.com/blog/

 

Media Contact Details

Contact name: Anastasia Semenova

Email: marketing@1x-bit.com

1xBit is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

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