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Cryptocurrency adoption: FIO report finds that 75% of crypto-holders fear failure of transactions

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The Foundation for Interwallet Operability [FIO] surveyed more than 200 active cryptocurrency users in 2018 and reported that three quarters [75%] of the surveyed crypto users were skeptical about their digital transactions going through as planned. As new users were added to this list, the results went up to 81%.

Numerous steps were taken by many parties to push the adoption of cryptocurrencies, with many financial experts giving positive indications about crypto-adoption and its usability. However, the results suggested that for people to adopt cryptocurrencies in their day-to-day life, blockchain technology must be made easier, safer, and more convenient to use. Without this fix, people lack the confidence to incorporate crypto into their daily lives, the report said.

Further, the report said that 55% of all crypto users who carried out a cryptocurrency transaction at least once in the past year, encountered at least one problem, resulting in the failure of their transaction. The report stated,

18% of the respondents had suffered a loss of funds due to a user error

  • 35% of the respondents were unsure of the accuracy of the public address they were sending to
  • 6% of the correspondents were victims in crypto attacks
  • 13% of the correspondents sent or received incorrect amounts of cryptocurrency
  • Only 25% of the correspondents were confident that their transactions would proceed as intended

The FIO protocol is decentralized and is an inter-wallet operability protocol built by Dapix Inc. to accelerate the adoption of blockchain technology by reducing inconvenience, risk, and complexity of transacting with digital assets.

Many institutional investors and major businesses have opened their arms to blockchain technology, and are interested in integrating this technology into their payments systems. This report successfully highlighted the areas that need improvement in order to make the use of cryptocurrencies popular.

Source .ambcrypto

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Cryptocurrency

Trading Ideas, Multicharts, and Live Widgets – SimpleFX Promotes New Features With Lower Spreads

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March 21st, 2019, St. Vincent and the Grenadines –  Multi-currency and cryptocurrency Web trader platform SimpleFX has just added three groundbreaking new features to its award-winning WebTrader and promotes the improvements with a “March Madness” offer. For the whole month, traders can earn $500 with a 20% spread cashback. The fast-growing broker with over 200,000 active traders worldwide aims at being the go-to app for the new generation of mobile-first traders.

SimpleFX new features, Trading Ideas, Multi-charts and Live Widgets are all designed to fit the needs of the growing social trading community. The broker introduces useful tools for linking beginner traders with influencers, who can now mentor their followers earning recognition and up to 25% revenue share.

Empowering The Community With SimpleFX Trading Ideas

Trading Ideas is a captivating social trading feature that allows the users to share their opinion on cryptocurrency, stock or forex trends, educate beginners as well as gain community appreciation and earn lifetime revenue share through the Unilink.io affiliate program.

impleFX users can create a Trading Idea in just a few clicks – making a snapshot of their chart analysis, adding a comment and sharing it inside the app, in social media or through any other channels. Each Trading Idea carries the user’s referral link that will track the registrations and trades to pay out the lifetime revenue share.

Engaging the network of followers is a common challenge for affiliates in the FinTech sector. The registration on SimpleFX is free and there are no minimum deposits, so it’s very easy to gather a substantial number of followers. Teaching them how to trade and make profitable orders is more difficult.

SimpleFX affiliate partners can make big, successful trades with Trading Ideas. This feature will also help SimpleFX traders make earn a revenue share, and share / direct instructions and tips. A beginner can follow profiles of the users that provide valuable advice.

Free Quality Content For Publishers, Bloggers, and Influencers

SimpleFX Live Quotes and Charts Widgets are other tools promoted with the “March Madness” offer.  Publishers, bloggers, and influencers can create unique content in just a few clicks

SimpleFX has released five new widgets – Market Overview, Live Quotes, Live Quotes Bar, Intraday Chart, and Currency Converter. They are fully customizable. The publishers and bloggers can pick the symbols they want to present to match their site’s content, as well as the widget’s layout, size, and style to match their website design.

Each time a new SimpleFX user registers after clicking a widget, the new account will be linked with the website owner’s Unilink.io profile. The publisher will get up to 25% lifetime revenue share from any transaction spread ever generated by the new SimpleFX customer.

Both the Widgets and Trading Ideas are available in the Unilink.io affiliate manager dashboard.

Introducing An Easy Multitasking Feature

Multicharts are the third new addition by SimpleFX. Although the broker acknowledges that mobile trading is the future, the app designers are working to improve the experience of desktop and laptop traders. The goal is to maintain SimpleFX WebTrader as a multiplatform tool fit for every screen and context.

The Multicharts feature allows splitting the main section of the app into two, three, four or even six windows. Each one can be configured to show a different symbol, timeframe, or chart type.

If you need a fast and reliable trading app with 1:500 leverage the “March Madness” promo a great opportunity to give SimpleFX.com a try. Start trading today and make the most of the 20% lower spreads.

Media Contact Details
Contact Name: SimpleFX Ltd.
Contact Email: [email protected]

Visit the SimpleFX Official Site – https://simplefx.com
Follow SimpleFX on Facebook – https://www.facebook.com/simplefxltd
Find SimpleFX on Twitter – https://twitter.com/SimpleFXcom
Find SimpleFX on Telegram https://t.me/SimpleFX_Blog
Find SimpleFX on Steemit https://steemit.com/@simplefxblog
Find SimpleFX on Medium https://medium.com/@affiliates_1463
Find SimpleFX on Instagram https://www.instagram.com/simplefxcom/
Read more on SimpleFX Blog https://blog.simplefx.com/
Download the SimpleFX App for iOS devices – https://simplefx.com/ios
Download the SimpleFX App for Android devices – https://play.google.com/store/apps/details?id=com.simplefx.app
Watch a SimpleFX YouTube video – https://www.youtube.com/channel/UCsBdrL2JIv4KxhjM2Gw5ccw

Simple FX is the source of this content. 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 stable value, or of any value at all.

source:nulltx.

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Cryptocurrency

PrepayWay – A Swiss FinTech Holding Announces Start of Equity Crowdfunding Campaign

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March 21st, 2019, Switzerland  – People from different parts of the globe have an opportunity to contribute to the equity of the Swiss-Estonian startup using cryptocurrency. The self-hosted campaign brings together crypto backers and traditional crowdfunding contributors. Supporters will gain equity of the Fintech venture that plans to issue its own token, InBit.

Prepayway Technology

PrepayWay is developing new technology for secure and risk-free transactions with new, unfamiliar business partners. At the same time, the PrepayWay technology focuses on the flaws of the existing transaction process: an obsolete document workflow management system is replaced by instant access to transaction information for all supply chain participants and remote signing of contracts. The bureaucracy of contracting and payment procedures are replaced by an integrated money transfer service and risk management solution embedded in contracts. Lengthy litigation gives way to time and cost-efficient smart arbitration for dispute resolution.

PrepayWay combines the functions of lawyers, banks, escrow agents, and arbitral institutions and offers an all-in-one solution for international contracting, financing, payments, and dispute resolution. Just as smartphones have changed the way people interact and communicate by combining multiple functions in a single device, PrepayWay is changing the way businesses function.

Crowdfunding Details

The funds raised during the crowdfunding campaign will be used to develop solutions for international trade and real estate and a platform for diversification of international crowdlending. The contributors are offered equity in PrepayWay Systems Estonia OÜ, a subsidiary of the PrepayWay AG holding, that is developing the above-mentioned solutions. The roadmap can be seen on the company’s website.

Hard Cap: EUR 2 450 000.

Detailed information can be found here – https://prepayway.com/en/crowdfunding

About PrepayWay

The idea for PrepayWay was born in Switzerland, where computer science, banking, international business, and legal professionals came together to revolutionize business processes. Coming from a plethora of professional backgrounds, PrepayWays’ diversely experienced team is dedicated to creating an ecosystem that facilitates secure, swift, transparent commercial transactions, all while reducing transaction costs.

Visit the PrepayWay Official Site – https://prepayway.com
Chat on Telegram – https://telegram.me/prepaywaychat
Follow on Twitter – https://twitter.com/PrepayWay
Like on Facebook – https://www.facebook.com/PrepayWay
Meet the team on LinkedIn – https://www.linkedin.com/company/prepayway/
Check out PrepayWay on Medium – https://medium.com/@prepayway

Media Contact Details
Contact Name: Mirjam Ruut
Contact Email: [email protected]

Prepayway is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

source:nulltx.

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DigiByte Price Turns Bullish as Top Markets Cave Under the Pressure

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There is still plenty of bearish pressure across all cryptocurrency markets at this time. While that might not please too many users, it is evident this pressure will not relent automatically either. Despite this overwhelming pressure, it appears the DigiByte price is still moving up rather swiftly. A bit of a surprising development, as this market is often overlooked by most traders and speculators.

DigiByte Price Trend Looks Appealing

Not all cryptocurrencies follow Bitcoin’s price trend blindly. That in itself is quite promising in this day and age, although one has to wonder if this situation can remain in place for very long. As of right now, it seems DigiByte is capable of successfully avoiding Bitcoin’s trend, although it is doing so in a way that might not make too much sense to a lot of enthusiasts. Especially its very weak trading volume is a big question mark.

Over the past few hours, the DigiByte price managed to gain 9.42% in USD value and 11.13% over Bitcoin itself. Both trends are very impressive, especially for an altcoin which barely notes $2.881m in trading volume. Because of this somewhat surprising uptrend, the current value per DGB sits at $0.014539, or 362 Satoshi. As both of these trends prove to be somewhat promising, one also has to wonder how long they will remain in place. Bucking the overall industry-wide trend for very long is usually rather difficult.

When it comes to surprising developments like these it is pertinent to keep an eye on social media. Although the opinions on DigiByte are a bit all over the place, some users would like to see DGB make its way to Coinbase in the very near future. While it is not impossible by any means, it will be interesting to see if the company effectively takes customer feedback to heart in this day and age.

CryptoDucky, on the other hand, isn’t too bothered with having this altcoin listed on more exchanges such as Coinbase. Instead, he predicts DGB is one of the two currencies one needs to hold to become rich in the near future. While that level of optimism certainly is something else, it seems unlikely either of those two markets will pop off when Bitcoin remains as bearish as it is right now.

 

For traders willing to take a bit of a gamble with DigiByte, there is an interesting triangular arbitrage opportunity worth looking into. It can yield a potential profit of over 11%, although it does require the use of some lesser-known exchanges and trading platforms. As such, this option might not be as appealing to everyone, but it is still an option worth looking into regardless.

Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency.

source:nulltx.

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