Topic: Forget about exchanger search! Use BestChange! - page 31. (Read 13529 times)

 The balance of bitcoins on exchanges fell to a minimum

The number of BTC that users store on exchanges has dropped to a 6-month minimum. According to Glassnode, the current balance is 2.36 million coins. The indicator has been declining since March 13, when the price of bitcoin fell below $4,000. At the same time, the network activity has grown to record levels since 2017. According to TokenAnalyst analysts, investors are withdrawing cryptocurrency from exchanges, since they are considering long-term storage of coins.

 65% of Twitter users believe in the strengthening of BTC after halving

The topic of halving is growing in popularity on the social network Twitter along with increased Google searches. Over the past two weeks, the number of posts mentioning the word "halving" has grown tweets-fold, reports The TIE. On May 6, users posted 2,500 tweets: 65% of them are positive, that is, their authors expect that the event will positively affect the value of bitcoin. The TIE notes that the topic of halving at the end of April surpassed the popularity of coronavirus among crypto enthusiasts.

 Ex-President of Bank of China: digital yuan will replace cash

The digital version of yuan, which is already being tested by the Chinese authorities, may completely replace cash in the future, said Li Lihui, the former President of the Bank of China. He noted that unlike traditional currencies, CDBC will not depend on a third-party bank or payment system. In this case, the virtual currency must meet four key conditions: “Whether the digital yuan can become the dominant form of currency and mainstream payment means, depends on whether it has greater efficiency, lower transaction costs, enough economic scale with commercial value, and people’ acceptance,” said the former President of Bank of China. He added that CDBC will have anonymity, like Bitcoin, but the regulator will set limits on the number and frequency of operations without confirming the identity.

Thank you for your feedback, rexxarofmoknathal. We are glad you use and enjoy our monitoring service for your crypto swaps. Wishing you profitable and smooth exchanges!

They are survivors. Fees+block reward should always cover the mining fees. Either no one would try mining.
Not to cosider solo mining, small farms of mining my collaborate in one big farm or just ready to double their stuff. Actual running farms have their plans for all scenarios caused by halving. I don't think they just grab the last cents before the halving occurs then after will stop.

We all see such predictions like that but such predictions forget to include the growth of bitcoin after halving. Growths likely don't occur instantly after halving but months later, bitcoin price often skyrockets and we have more new miners to join. Such a life. Old miners left and new miners join. This time will be the same but I do agree that many minor miners will abandon mining a few months after halving. They don't have enough savings, and patience as well as determination to keep mining.

I have been pondering about this too. How the small scale miners will keep up after the halving has taken place?
Most people have hopes that the price will  spike to at least x2 so that most of the small scale miners are still in the game but what if it doesn't?

Underrated platform right here.

BestChange has been a staple website for me for years now, and I continue to use it today to find the best cryptocurrency exchange rates.

Don't get ripped off with your crypto traders—check BestChange first!

 BTC and S&P 500 correlation hit a nine-year high

Bitcoin price and the S&P 500 index have been changing most correlated for 9 years, said eToro analyst Mati Greenspan. The correlation of the prices of the two assets reached 0.6, whereas before it did not exceed 0.3 - with a value of 1, the charts move completely identically. The analyst explained this by the coronavirus pandemic. “Bitcoin is still considered a “risk asset” and hasn’t achieved the safe haven status that gold has taken thousands of years to build up,” Greenspan summed up. However, he added that the profitability of BTC is still higher than the stock market: since the beginning of the year, BTC added 7% in price, while at the same time, the price of oil collapsed to the levels of the 2000s.

 Opinion: only large miners will survive halving

Representatives of the mining industry believe that only large and effective miners will remain after the halving. F2Pool co-founder Wang Chun said that due to a decrease in rewards from 12.5 BTC to 6.25 BTC, unprofitable operators could be absorbed by larger players. A similar position was expressed by Alejandro de la Torre, Poolin Vice President. In his opinion, miners using old equipment will have to disconnect after halving. The head of New Mine, Ibrahim Alkurd, noted that one should not hope for a rise in the price of bitcoin after halving. “Miners hoping that the BTC price will jump up after halving the block reward, making their operations profitable, are in trouble,” he said. Wang Chun added that after halving, those farms will stay that are capable of mining bitcoin at a cost of $3,500.

Thank you for your feedback.

If users want to exchanger crypto for cash or vice versa, below the table there is a list of cities:



Clicking on one of them you will get the list of exchangers working in this city (and of course, in the country of your interest). If there are more than one you can choose based on rates, reviews, reserves and aftter checking their website.

Usually for this direction the user needs an exchanger in a specific country, and not choosing among different countries to travel and make an exchange.

If you have a different vision, please share.

Looks like they are very strict when it comes to transactions involving cryptocurrencies according to a reply by one of the members who probably has experience using Payoneer.

It probably explains why there is limited or no demand for use of the service when exchanging to crypto or vice versa

I have a suggestion.

If I choose Bitcoin (BTC) and Cash USD, at https://www.bestchange.com/dollar-cash-to-bitcoin.html, the site gives me results with list of the following 25 reliable exchanges. Honestly, I am not familiar with those exchanges. My suggestion:
- They (25 given exchanges) come from many nations but by the default table, I don't know which nation each exchange belongs to. The table still have space to add another column for nations (in text, or in flag symbol). That column can be placed next to the Exchanger column or before the Get column. The Get column obviously can be narrowed down about half of its current size.

I suggest so because I see huge price gaps between the highest and lowest price from 25 given exchanges. The highest price is above $8340, and the lowest price is $6860. It is more convenient for user to sort out lowest and highest reliable exchanges in a same nation.

About the nation symbol or flag, I guess maybe the BestChange team want to keep to userinterface has main colors in white and light green and don't want it to be spoiled by many other colors.

Indeed we have switched off Payoneer from our monitor as it has limited demand among our users. There might be exchangers working with this currency, a user may want to manually check the listed exchangers: https://www.bestchange.com/list.html


Thank you for your suggestion. We are planning to implement this feature in the new version of the website.

Best days of the week to trade BTC, and Craig Wright says he owns rights to Bitcoin network

 What days of the week it is best to buy and sell bitcoin

Longhash, data analytics platform, conducted a study: which days and hours are the most profitable to buy and sell.

For this study, experts analyzed two years of hourly bitcoin price data for each day of the week, having calculated the average prices of opening, closing, as well as maximum and minimum.

It turned out that bitcoin’s price had a tendency to be at its lowest point of the week on Fridays at around 6 AM UTC, and Monday evening/Tuesday morning at midnight UTC the price is on average $170 higher than on Friday morning.

The researchers note that Monday to Tuesday night institutional traders from Asia, America and Europe open long positions. On Friday, market participants seek to take profits before the weekend.

 Craig Wright says he owns rights to Bitcoin

Craig Wright, the self-proclaimed Bitcoin creator, demanded that Bitcoin and Bitcoin Cash networks stop using the distributed registry, which, he said, belongs to him.

Wright said he would protect his intellectual rights to the first cryptocurrency’s blockchain in court.

“As the creator of Bitcoin, I maintain the sui generis rights to any copy of the database created from Genesis in January 2009. I shall not be relinquishing the ownership. I will be licensing it, and have already engaged in a process.”

He pointed out that only Bitcoin SV has a right to use a distributed registry, while Bitcoin and Bitcoin Cash do it illegally.

In fact, I had also come here to ask about the same thing. I was about to suggest your platform to this user but then i realized that there is no exchange involving Payoneer

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I would also love to suggest about the search a button on the platform. Maybe inside the box that contains different options of exchanges, there should also be a search button that enable the user to make a quick search by just typing initial letters of the item they are looking for without them having to scroll through the whole list



Something like this; from exolix exchange.

Before typing initial letters



After typing initial letters

One topic here on forum reminds me of BTC to Payoneer exchange. it is very difficult to find this kind of offer.
I did not find any exchanger on BestChange which offer crypto vs. Payoneer exchange. it seems to me that there has been such exchanger before or I am wrong?

 China has published a new cryptocurrency rating

Bitcoin is only ranked 14th in the rating. BTC has lost three more positions, giving way to Cosmos (ATOM), Stellar (XLM) and Dash. TOP 3 remains the same since the February ranking: EOS is in the first place, followed by TRON and Ethereum. Lisk, IOST, NULS, Qtum, NEO, XLM and Dash are in top ten. This is already the seventeenth evaluation made by the China-based Ministry of Industry and Information Technology (CCID). Projects are evaluated on three parameters: basic technology, applicability and creativity.

 Binance exchange launches mobile bitcoin options

Binance, one of the largest cryptocurrency exchange services, announced launching bitcoin options. The function is only available in the latest version of the exchange’s mobile app. At the moment, users can trade bitcoin options paired with USDT - in the future, the platform plans to expand the list of instruments. Binance chose the American version of options in which the deal can be closed before the contract expiry date. The exchange’s statement states that their options provide “a shorter time frame compared to traditional options”, ranging from 10 minutes to 1 day.

 Bitcoin Cash undergoes halving

On April 8, in the Bitcoin Cash network block reward was halved. It was reduced from 12.5 BCH to 6.25 BCH at block height 630’000. The night before halving, the coin went up from $251 to $275, but today it has again dropped in price to $257. In about 12 hours, halving of Bitcoin SV, another fork of the first cryptocurrency, will happen. According to BSV developer Bat Jasper, this will negatively affect cryptocurrency as it will make its mining less profitable than mining bitcoin. We would like to remind that halving in the network of BTC itself is expected on May 13, the reward will drop from 12.5 BTC to 6.25 BTC.

 U.S. national debt hits a record $24 trillion

According to Trading Economics, the U.S. public debt is currently $24.018 trillion. It grew by an additional $4 trillion over 4 years under Donald Trump. The sharp increase of this figure was caused by the U.S. Federal Reserve program to support the economy during the financial crisis brought about by coronavirus. The regulator intends to print $6 trillion worth of banknotes. Earlier, TV presenter Max Kaiser called the dollar “debt coupons,” and popular writer Robert Kiyosaki called for investing in bitcoin and gold: “IF US Debt to GDP ratio 60% world sound. Today US Debt to GDP 110% and climbing. US bankrupt”, he tweeted.

 The number of ETH addresses has exceeded 70 million

The number of addresses in the Ethereum network has reached 70 million, the Glassnode service draws attention.The figure began to sharply grow in November 2017 before the coin set a price record of $1,300. Since that time, the cost of ETH was mostly falling and today it is $171. Despite this, the number of addresses has increased 8.2 times since November 2017. The number of active addresses in March was about 230 thousand - the figure correlates with the price of ethereum. The maximum at the level of 715 thousand was set in January 2018, when the cryptocurrency price reached a historical record.

We know that the need of KYC or the absence thereof can be a decisive factor when choosing an exchange platform, and a long time ago we implemented icons that inform users whether an exchanger requires verification:





You need to hover your mouse and a pop-up with more information will appear.

We have other icons telling whether in this particular exchanger:

- registration is required
- the exchange rate is not fixed
- you need to verify your card
- the exchange is done manually by an operator

and others. If there are no such icons, it means the opposite - the registration is NOT required, the exchange rate IS fixed etc.

These extra bits of information along with their rates should help you choose the exchanger that best suits your needs.

Tether to track USDT transactions, and US authorities want to strengthen control over the crypto sphere

 Tether to track USDT transactions

The company will implement a compliance tool to track suspicious transactions in USDT tokens. The goal is to meet the requirements of regulators in various countries. To do this, Tether will use the Know Your Transaction software created by firm Chainalysis.

“Know Your Transaction (KYT) is a real-time AML compliance solution for montiroinga token’s full lifecycle, from issuance to redemption, ” Chainalysis said.

According to the Tether company, the privacy of USDT owners will not be affected. Earlier, the British regulator suspended ePayments system due to non-compliance with the requirements of the anti-money laundering law.

 Trading volumes on cryptocurrency exchanges increase by 70%

Since the beginning of 2020, trade on spot cryptocurrency exchanges has increased by 70% and reached a six-month peak.

More than half of the volume falls on the Binance exchange, whose share in the total turnover has also grown, according to a research by The Block. Regulated platforms of derivatives also see an increase of activity. Open interest at Bakkt reached a record $ 12 million at the end of January, and the average trading volume went up to $26.45 million.

Things are going well on CME too — in January the average trade turnover increased by 144% to $458 million. BitMEX is also not far behind — the level of trading in perpetual BTC swaps increased by 55% in the first month of 2020.

 USA to release new cryptocurrency regulation rules

The US Department of the Treasury and the Financial Crimes Enforcement Network (FinCEN) are developing new requirements related to cryptocurrency. This was stated by Treasury Secretary Steven Mnuchin.

He did not disclose the details but noted that departments are paying great attention to working out this issue and are working closely with other watchdogs. Mnuchin also added that he shares the concerns of Congress over the use of digital currencies in illegal operations.

Earlier, the administration of US President Donald Trump proposed budget proposal for 2021, which includes strengthening control over cryptocurrency transactions.

That information is actually there. Pick an exchange of your choice and then click on the review part


You will be redirected to a company or service profile which will contain some vital information about the service such as country, age of the service, reserve, status etc

We will ask the moderators to move the topic to a the Cryptocurrency Exchange Sub-Board, thanks for your suggestion.

What kind of information about exchangers do you need? Exchangers in our website are trusted, extra info is available on their pages.