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CRYPTO

ASSETS

Many people refer to this new Asset class as cryptocurrencies. Although many of the Assets traded through this new cryptographic digital platform are currencies many are not. I have found through research that most fall into three categories.

Cryptocurrency:

A traded asset for which the primary function is to act as a currency for transactions between two accounts.

Examples:

Bitcoin BTC

Litecoin LTC

Monero XMR

Cryptocommodity:

A traded asset that has a currency which holds value but its primary function is to provide a utility. This utility allows for smart contracts and a platform for other Assets build their own businesses on top of using blockchain technology.

Example:

Ethereum ETH

Cryptotoken:

A traded asset which is used primarily to participate in a service or reward people for the use of a service.

Example

ERC tokens

CRYPTO

ASSETS

BLOCKCHAIN

TECHNOLOGY

A blockchain is the use of network of computers and an electronic distributed ledger which allows for an immutable record of any type of transaction to be recorded in a manner in which fraudulent transactions are nearly impossible. The ledger in most cases is always available for all to see. The strongest part of this concept comes from the decentralized nature in which these networks operate. By taking away the singular control from the verification of the transaction the possibility for fraud is greatly reduced if not eliminated all together. This technology originated with Bitcoin for use in currency transactions but has moved far past being used only for this purpose. It is quickly being adopted by all major industries as a way to objectively keep track of contracts, records and transactions in real time.

FEATURED ASSET

BITCOIN (BTC)

As Bitcoin has been leveling off all of the other Assets are waiting to see when the break to the upside will occur. Bitcoin has been in a long term descending wedge since the all time high at the end of 2017. The wedge will hit the long term support line by the end of the year which will likely lead to a large movement in one direction or the other.

Who are we

LOW CAP EXCHANGES

TOP EXCHANGES

2 FACTOR AUTHENTICATION

These are alternative methods or external applications which interface with your accounts. They generate a code which is only accessible through your mobile device and are required to be entered to complete selected functions. Once the QR code for a given service is issued it many times is no longer acccessible so it's important to keep records of them.

THIS IS THE MOST IMPORTANT SERVICE YOU CAN OBTAIN TO SECURE YOUR ACCOUNTS. YOU SHOULD NOT HOLD ANY ACCOUNT WITHOUT IT.

Wallets

HARDWARE WALLETS

Hardware wallets are a seperate device you connect to your computer which stores the keys to access the account offline when not connected to the computer. You are given a seed phrase to recover your account in the event of a malfunction of the device the App is located on. This is the most secure method of storage.

SOFTWARE WALLETS

Software wallets are applications that allow you to store Cryptoassets which run on your computer or phone. Your key are stored on the device which the App is installed and which can leave you vulnerable to being hacked and having your keys stolen. You are given a seed phrase to recover your account in the event of a malfunction of the device the App is located on.