ChangeNOW Announcements

2023-02-10 21:05:06 A crucial aspect of crypto is trading, and to get started, it's important to understand key terms. Here's a rundown:

Shorting - A trading strategy where a trader borrows crypto, sells it, and then buys it back at a lower price.
Long-term holding - This involves holding onto assets for an extended period of time with the aim of profit in the future.
Scalping - A high-frequency trading approach where the trader takes advantage of small price fluctuations to make multiple trades and quick profits.
Day, swing, position trading - Trading styles that involve holding onto a position for a specific duration of time, whether it's for a day, a few days, or a few weeks.

Did you learn something new?

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2023-02-09 20:50:09 For those who are new to the world of cryptocurrency, it can be overwhelming trying to understand all the concepts at once. To make it easier, let's break down the difference between "cryptocurrency" and "blockchain"

Blockchain is a decentralized technology that facilitates the recording of cryptocurrency transactions. It's important to note that blockchain itself is not money. Instead, it acts as a framework that supports and nurtures the growth of cryptocurrency.

On the other hand, cryptocurrency refers to the actual digital currency that can be sent, received, and used to pay for goods or services, or even invested in.

Let us know in the comments, what would you like us to explain in more detail next time?

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2023-02-08 20:30:25 "Attention Crypto Community! Protect Yourself from Scam Projects - What to Look For"

With new projects popping up every day in the crypto market, it's important to be aware of the potential dangers and scams lurking around. Don't fall for empty promises and fake projects!

Before investing in a project, here's what to consider:
Review the project's website and white paper. Make sure the information is complete, consistent and transparent.
Do your research on the founders. Look into their previous projects and experience.
Verify that the project is original and not a copycat.
Watch for consistent URLs. Any sudden changes should raise red flags.
Stay wary of unrealistic earnings. If the numbers seem too good to be true, they probably are.

At ChangeNow, we take the safety of our users seriously. We only work with legitimate projects and thoroughly vet them before listing. Trust us to help you navigate the crypto world with confidence.

Read more about cryptocurrencies on our blog Open / Comment

2023-02-07 20:55:03 Crypto: Thoughts on ETH surpassing BTC?

Ethereum, the second most popular altcoin and cryptocurrency in the world, has come a long way since its main network launch in 2015. Today, it boasts a thriving ecosystem, energy-efficient algorithm, and a community that rivals that of Bitcoin.

Here are just a few of Ethereum's key features:
Smart contract support
EVM virtual machine for contract execution
Custom token creation capability
NFT support
No cap on token issuance
Proof-of-Stake consensus
Lightning-fast block creation at 12 seconds

Some believe that Ethereum's superior ecosystem and transition to a more eco-friendly

Learn even more about cryptocurrencies on our blog Open / Comment

2023-02-07 17:00:55 We’ve added the opportunity to buy or sell coins in the new iOS release of NOW Tracker. From now your crypto portfolio management becomes more accessible; you monitor your assets, check the market, analyze your portfolio diversification, and then buy or sell coins seamlessly in one app. All transactions are secure and fast via Guardarian, Transak, Simplex. Use NOW Tracker as your single dashboard to manage all your funds: crypto, stocks, and fiat.

https://usenowtracker.app.link/buysellcoins Open / Comment

2023-02-06 21:40:05 "Last Week's Crypto Buzz: Bitcoin Tops $24k, Twitter to Introduce Crypto Payments & TRX's 2023 Plans"

A heated discussion is stirring on r/crypto as Bitcoin hit the $24k mark, following a 25 basis point rate hike from the Fed. Meanwhile, Twitter is making headlines as reports suggest that the social media giant is looking to incorporate both fiat and cryptocurrency payments, with Elon Musk envisioning a "super app" future for the platform.

In the world of altcoins, Tron founder Justin Sun revealed his plans for 2023, with the goal of legalizing TRX in at least 5 countries. He encouraged the crypto community to expand their focus beyond just the US, as cryptocurrencies are rapidly gaining global adoption.

Stay tuned to this thread for more crypto news and updates Open / Comment

2023-02-03 20:25:05 Did you know that the consensus algorithm used in a blockchain can greatly impact how it operates? Take Bitcoin for instance, it uses the Proof of Work (PoW) algorithm which requires intense cryptographic calculations and uses a lot of energy.

On the other hand, Ethereum (the second largest cryptocurrency) has switched from PoW to Proof of Stake (PoS), which has reduced its energy consumption by 99%. In PoS, block validation is done by those who hold ETH, with the more ETH you have, the more likely you are to validate blocks.

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2023-02-02 22:05:00 CryptoCurrency - Quick Guide to the Main Cryptocurrencies

Are you new to the crypto world and curious about the different cryptocurrencies? Here's a quick rundown of the top players:
Bitcoin (BTC) - the original and most popular cryptocurrency with a Proof of Work (PoW) algorithm and a block confirmation time of 10 minutes.
Ethereum (ETH) - the second largest cryptocurrency that uses Proof of Stake (PoS) algorithm and has a well-developed ecosystem.
Tether (USDT) - This is the world's first stablecoin. It is pegged to the dollar rate, making it convenient to use. In 2022, transfers in USDT became so popular that they surpassed those of Visa and Mastercard.
BNB (BNB) - A utility token of the Binance exchange. It allows to receive a number of bonuses on the exchange, such as lower commissions, unique offers, etc. Since Binance is a top 1 exchange, its currency is in demand.

So, there you have it, the main players in the crypto game! Keep in mind, there are many more altcoins out there, each with its own unique features and potential.

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2023-02-01 20:35:00 Why Cryptocurrencies are the Future of Finance:

Global Reach: No borders or restrictions to stop transfers
Easy Transactions: Simply need recipient's wallet address
Superior Security: Higher than traditional banking security
Privacy: Keeps personal information confidential
Fast Worldwide Transfers: Blockchain is accessible to everyone
Affordable Fees: Only a small blockchain fee for each transaction.

Stay with us to learn more about cryptocurrencies Open / Comment

2023-01-31 19:39:59 Are you in the market for a new crypto wallet? There are a few options to choose from:

Software wallets, the most basic and user-friendly option.
Hardware wallets, aka cold wallets, for those who prioritize security. These wallets are like flash drives and can be disconnected from your computer.
Paper wallets, which offer maximum security but can be a bit of a hassle to use. All your keys are stored on paper.

If you're looking for a hassle-free option that still prioritizes privacy and security, check out NOW wallet! They offer added bonuses like cashback on transactions, too

Start using NOW Wallet right now Open / Comment