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GoByte launches mobile payment app and wallet with no transaction fees for merchants

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GoByte has released their mobile app which allows merchants to bypass charges while accepting digital currency and provides consumers with a seamless and easy-to-use shop experience.

GoByte Pay mobile is available today on the iOS app store and on google play for Android and offers free payment solution which is accessible to any business owner while remaining secure and hack-resistant. The app has an elegant design and is easy for both new and experienced users, as reported in the official project’s blog.

GoByte Pay Mobile app provides most of the functionality of the GoByte Pay gateway and online wallet. Users and consumers can move funds between their wallets, manage their assets, and view their entire payment history all from their phone.

The first version of the app has everything a user needs to send and receive payments and keep track of their transactions while remaining as easy-to-use as an ordinary mobile app and secure as a bank account. High-level security is ensured by additional anti-hack protection; TouchID and FaceID are used along with a password for better protection of assets.

The developers have also refined the existing cryptocurrency payment solutions and  included wider functionality for an ordinary trader, investor or merchant needs:

  • Synchronized access

All transactions are synchronized and available on the desktop and on mobile in real-time, so no matter where you access GoByte Pay, you are always up to date.

  • QR code payment

GoByte Pay supports instant fund transfers using QR code either at a point of sale or via smartphone and PC. For sending or receiving the payment in one swipe it’s enough to scan QR code or paste the necessary address.

  • Automatic conversion

Live conversion built into the wallet allows for instant tracking of the currency rate and shows the current balance in USD.

  • Full transaction history

In the transactions session, full details are disclosed to give a user real-time control of the expenditure and incoming resources.

  • Built-in address book

The easy-to-use address book makes it simple to keep the addresses of recipients, who are sent money frequently, in one central location to make it easy peasy to schedule and manage future transactions.

  • Push notifications

The team has enabled push notifications in the mobile app so users will be immediately updated when they receive a payment or anything happens with the GoByte app.

The easy-to-use intuitive interface creates a welcoming place for managing money on the GoByte network. With the expansion of supported currencies in the near future, GoByte users will enjoy an application with among the most beautiful UI/UX experience and its powerful capabilities.

The naming/ tagging capabilities and all the other characteristics, which make GoByte Pay among the most powerful web wallet creation providers, are now available in the mobile version, meaning users can easily categorize all their transactions for business and personal, based on their needs.

Masternode holders were excited to see that they can manage their investment in Masternodes from the web interface and they will enjoy that same capability in the mobile app. With GoByte Pay they can make sure their investment is working for them anytime and anywhere.

Additionally, the application can solve the problem of poor adoption in retail stores by creating an API to help existing terminals easily connect to POS terminals. Along with InstantSend and free transactions, GoByte is planning to issue their own cryptocurrency debit cards, ATMs and POS terminals to further fuel the cryptocurrency payments popularity.

According to Huffington Post, vending machine company, iVend was first to test GoByte Pay on their cryptocurrency payment enabled coffee machines. GoByte and iVend struck a deal to install GoByte Pay on all of iVend’s point of sale systems around the world.

“GoByte’s mission is to be the leader in making cryptocurrency payments easier for users and merchants around the world, through the GoByte Pay platform”, states Hisyam Nasir, CEO of GoByte. – “We are developing a simple, powerful and adaptable platform which includes features that small and large businesses require to accept and process cryptocurrency payments.”

According to developers, the application will be built in POS terminals, which support random switch between addresses, visual and sound indication of payments received, and what’s most important – work offline.

The GoByte team is planning to integrate Bitcoin, Litecoin, BitcoinCash, and other popular cryptocurrencies shortly to approach a wider audience.

Source: ambcrypto

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Crypto Arbitrage Today: XLM, LTC, Dash, TRX, EOS, XMR

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As the overall cryptocurrency bear market continues to rage on in full effect, the moneymaking opportunities involving Bitcoin and altcoins are slowly drying up. There is still money to be made by playing the spreads, but arbitrage opportunities may slowly become a better option at this rate. The following six options are worth keeping in mind throughout today.

Dash (Bittrex / Kraken / HitBTC)

Another day of price gaps between exchanges and another day selling altcoins on HitBTC will yield the best results. In the case of Dash, there are options to buy the altcoin cheap on either Bittrex or Kraken and selling it on HitBTC for profits of 1% up to 2.39%.  These gaps are more than respectable under the current circumstances, especially because all markets are hemorrhaging value right now. That also means the price differences between trading platforms will grow larger over time.

Stellar Lumens (KuCoin / Binance / Sistemkoin)

A fair few different price gaps have opened up where XLM is concerned. Buying on Kraken or Binance and selling on HitBTC can yield a profit of 1.5%. Buying on KuCoin, Kraken, or Binance and selling on Bitexen will yield profits of up to 2%. Buying on Binance and selling on Sistemkoin offers gains of up to 0.9%. All options are well worth looking into for those who want to score some small profits during this next leg of bearish pressure.

Monero (Bittrex / Kraken / HitBTC)

As has been the case more often than not, arbitrage opportunities for both Monero and Dash – and often ZCash – are all identical. They revolve around buying on the same exchanges, selling on the same trading platform, and yielding nearly identical profits. Flipping XMR between Bittrex / Kraken and HitBTC can yield a 2.5% profit when timed correctly. A more than respectable option, given the current circumstances.

Tron (Binance / KuCoin / HitBTC)

Buying any currency that is listed on HitBTC from any platform that isn’t HitBTC will often yield some profits these days, it seems. In the case of Tron, buying TRX rather cheap on either Binance or KuCoin and selling it on HitBTC will yield profits of roughly 1.3%. It is a somewhat small spread first and foremost, but these small profits can all add up to pretty decent gains throughout the day.

EOS (Binance / KuCoin / HitBTC)

It shouldn’t come as much of a surprise to learn the arbitrage opportunity involving EOS is identical to Tron’s. These two coins often follow very similar patterns when it comes to exploiting price gaps, for some unknown reason. In today’s edition, the EOS price on Binance and KuCoin is 1.7% lower compared to HitBTC, which makes for a very easy and straightforward direct arbitrage opportunity.

Litecoin (Bitstamp / Binance / HitBTC)

For those who want to sell Litecoin on HitBTC for a profit, buying on Bitstamp, Binance, Kraken, or KuCoin are all viable options to score profits ranging from 1.2% to 2.5%. When buying on Bitstamp, there is also an option to sell on Cex, Bitfinex, or VeBitcoin for a gain of 1.8% on average. All of these options are rather profitable, although it may take some organizing to explore the best options at any given time.

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Crypto Price Watch: Waves (WAVES) and Maker (MKR) Continue to Showcase Strong Market Support

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At press time, around 85% of the world’s top-30 altcoins lay in the red zone, with premier assets such as Bitcoin Cash (BCH), Stellar (XLM), Bitcoin SV showcasing losses of around 10%, 5% and 6% respectively (over the course of the past 24 hours). However, in the midst of all this chaos, crypto coins such as Maker (MKR), Waves and Ethereum Classic (ETC) have continued to rally strong, with the aforementioned currencies gaining 10%, 3%, and 1.5% respectively.

What’s Causing MKR to Surge?

One of the primary factors that could be behind Maker’s amazing run is the fact that investment fund ‘a16z crypto’ recently bought a whopping 6% of the total MKR token supply for a sum of USD $15 million. As a result of this deal, a16z crypto now owns a tangible stake in the functional decentralized stablecoin (which bytheway makes use of formally verified smart contracts).

At this point, it is also worth mentioning that ‘a16z crypto’ is owned and operated by VC firm ‘Andreessen Horowitz’. The aforementioned deal was facilitated by former federal prosecutor Katie Haun (who is now a partner at a16z).

Additionally, over the course of the past few weeks, there have been other developments that too have spurred the overall adoption of MKR all across the globe. For starters, the dev team at Opera (the web browsing application) announced yesterday that they had created an all-new lightweight crypto wallet solution that allows users to ‘store and transact’ altcoins such as Dai and MKR using a pre-built extension module on the browser

Lastly, MKR is also now live on the Wanchain main net. In regards to the matter, the Maker team released the following tweet:

“The Dai token will utilize Wanchain’s cross-chain functionality allowing for Bitcoin to be exchanged for Dai in a fully decentralized manner”

Can Waves Sustain its Amazing Run?

As many of our readers may already know, over the course of the past month or so, the price of Waves has increased quite significantly (with the currency even breaking into the top-30 a couple of weeks back). However, such pump and dumps are quite ordinary within this volatile market and thus it remains to be seen if Waves can continue its amazing performance in the coming few days and weeks.

One of the most intriguing aspects of the Waves project is the that by next year, the dev team wants to deploy ‘atomic swaps’ into their native operational module. As a result of using this technology, the Waves ecosystem will not only be able to make asset trading much more streamlined but also make digital altcoin transfers cheaper and more secure.

Some of the other key developments in relation to Waves that are worth noting include:

  • Decentralized 2-FA: Once implemented, this technology will help usher in a new era of decentralized security since it allows for the creation of a new layer of internet privacy.
  • Smart assets: In regards to this technology, the Waves team claims that once this feature is live in its final iteration, it will allow devs to create complex smart assets on the Waves blockchain (thus allowing traders to indulge in even more unique financial exchanges).

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Bitcoin Cash Price Heads South of $90 Once Again

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Nothing ever comes easy in the world of cryptocurrency and digital assets. As all markets remain subdued for yet another day, it seems there will not be any real improvements moving forward. For Bitcoin Cash, things have looked bleak all year, and the pressure hasn’t relented just yet. In fact, the value now sits below $90 again following another big loss over the past 24 hours.

Bitcoin Cash Price Dip Is not Over

No one will be really surprised to learn there is yet another deficit for the Bitcoin Cash price as of right now. Not just because all other markets are down as well, but primarily because the recent network protocol upgrade has left a mark on this fork of Bitcoin. As such, there are a lot of investors and speculators who are bailing on anything that isn’t Bitcoin. That is only to be expected, especially when the market remains uber-bearish.

Over the past 24 hours, there has been another near 10% drop for Bitcoin Cash in USD value. Additionally, there is a 7.2% decline in Bitcoin value. It has been a while since BCH dipped below the 0.025 BTC mark, yet it seems that may happen pretty soon at this rate. For now, there is no indication the current market sentiment will turn around, neither for BCH nor any other asset or currency on the market.

The positive news is how there will be yet another Bitcoin Cash Meetup in Pasadena this weekend. Events like these usually help to spread the word about specific projects, as well as get existing investors a bit more excited about what the future may hold. This Meetup will apparently discuss the “exciting roadmap for BCH’. An interesting aspect, as BCH needs a plan for the future.

On the other side of Twitter, there are those who are still pretty annoyed with the Bitcoin Cash “split” that happened about a month ago. Ever since this happened, the value of all cryptocurrencies has decreased significantly. One has to wonder if the Bitcoin SV creation is the only reason for this bear trend, which was in effect well ahead of this network upgrade.

A similar sentiment is echoed by Adhik Joshi, who isn’t too amused by all of these coins deriving value just because they have “Bitcoin” in their name. As such, he dislikes both Bitcoin Cash and Bitcoin SV, a sentiment that has been rather apparent for quite some time now. It will be interesting to see how things play out for all Bitcoin-named currencies over the coming weeks.

Based on the current market conditions, it would appear there is no genuine improvement in sight whatsoever. All markets continue to struggle, despite some positive momentum on the hourly charts. Those gains are incredibly difficult to turn into a sustainable trend these days, which only adds more fuel to the proverbial fire. For now, a Bitcoin Cash price dip to $85 or potentially even lower is not out of the question.

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