Get ready to catch the WAVES! Live on HitBTC

Get ready to catch the WAVES! Live on HitBTC

HitBTC team is delighted to bring the great news to our traders – WAVES cryptocurrency is fully supported by our exchange and all users can trade WAVES/BTC pair!

The story of WAVES listing is actually nice and first HitBTC experience of the kind, by the way.
HitBTC team was fishing around for some new quality cryptocurrencies to be added, and WAVES community has shown unexpectedly strong support to the idea of HitBTC listing WAVES. As you all know, we try our best to serve the interests of our users.
So here we all are, welcoming a new pair to the exchange!

Technology and People

WAVES platform not only has open and responsive community, but it is the great technology with impressive amount of smart people working on it. It has been just a little over half of the year since WAVES hit the market, and technology it stands for is almost here. For ICO projects, which are usually annoyingly slow, WAVES team is working satisfyingly quickly.
It seems WAVES will be one of the leading technologies among next generation (3.0) of cryptocurrencies, so it’s  time for us all to understand couple of things about all the potential of the platform.

Asset Trading

Waves Platform is going to be decentralized asset marketplace with support for fiat currencies.
We all know what it is and we’ve had our fun issuing assets via NXT or Counterparty.
It is more serious and business-like with Waves.
Waves Platform works not only for regular users, who have nothing up there to back up their promises about issued assets. Platform also(and probably primarily) allows governmental institutions and banks issue assets, backed by real value and protected within regulatory jurisdiction of the institute. This all can be legal.
Wait, that means that we will be able…

Crowdfunding

Oh yes, this enables regulated crowdfunding and international fiat transfers.
This is actually the key Waves Platform feature and it explains how they got their $16 million ICO.
Traditional fiat crowdfunding with lower fees due to decentralized nature of the platform and blockchain technology behind it is a very wanted product indeed. It also doesn’t exclude Bitcoin crowdfunding(or any cryptocurrency crowdfunding), it just makes it a matter of preference.
International Transfers

This is the pain of many cryptocurrency adopters.  With every new cryptocurrency we hope it will sort out the problems we have now in the real world. Waves Platform has a good standing chance in doing that, as they target not cryptocurrency users exclusively, but banks, governments and third-party businesses.
Waves Platform team is planning to launch custom transactions, which is very neat feature to pay up dividends, for example. Cooperation is always more fruitful and more likely to happen when there is something for everybody.

WAVES as the fuel of Waves Platform

What is WAVES cryptocurrency among this cornucopia of great projects and features?
It’s just a humble intermediary which makes everything happen.
We think you should probably save some of those for the rainy day.

DASH is live on HitBTC!

DASH is live on HitBTC!

Long story short, we have added another currency to HitBTC, and this time it’s Dash. Yes, you got it right – now HitBTC lists both Dash and Dashcoin. Try not to mix those up!

Community interest in Dash has been so great that we have no doubts everybody are well-informed about Dash special features, but we can’t help but give you at least a small insight into this exciting coin.

The coin that is now known to cryptoworld as Dash has been around since January, 2014, first released under the name XCoin, then renamed to Darkcoin, and later on it has gained its current name. Dash is actually a Bitcoin fork, but it also has a two tier network advancing it. Although Dash specifications ares similar to other coins’ in many ways, it has few major competitive advantages that keep it in the high league.
Some of them are listed below.

Privacy

One can never be fully anonymous in cryptoworld with all the transactions being recorded in blockchain and available to all the users with Internet access. Dash fights it with the anonymization technology called DarkSend (native CoinJoin). This feature utilizes an algorithm that combines the identical inputs into a transaction with several outputs, which makes transactions extremely difficult to trace.

 

Processing Speed

Dash uses InstantSend technology which allows users to receive transactions in no time just with the same degree of protection against double-spending that comes with several traditional block-level confirmations. Velocity is what matters!

 

Masternodes

What is Masternode? This is basically a special server which could be run by anyone with at least 1000 DASH. More DASH – more Masternodes.

Masternodes are the cornerstone of Dash network. First, without them it would be impossible to implement DarkSend or achieve high transaction speed. Second, Masternode system encourages users to hold DASH and contribute to Dash network – 45% of block reward goes to Masternode maintainers.

This is one elegant Proof-of-Stake algorithm, combined with traditional Proof-of-Work mining.

 

Difficulty re-adjusting

The Dark Gravity Wave(DGW) created by Dash dev team is claimed to be the smoothest difficulty re-targeting system among all present in the market at the moment. Dash mining reward also decreases smoothly, making it 7% less each year. This helps to avoid market shocks and keep the price stable.

 

If you still don’t trade Dash, that’s a great time for you to start – Dash is on the roll right now!

Bitcoin in May – Price Analysis

Bitcoin in May - Price Analysis

Brexit

 

 There has been a lot going on in the month of May this year. Some terrible natural disasters and also financially concerning events. Euro has been on a decline since the start of May as Brexit draws closer. The referendum takes place on June the 23rd. Polls are currently suggesting it could go either way, bringing with it uncertainty and pushing the Euro down with it. Why is this important to us regarding the price of Bitcoin? When we see big drops in fiat currencies, Bitcoin skyrockets. Whether Britain decides to vote in or out will make the markets move significantly. In case of Britain actually doing a brexit, I’d start collecting your coins now.

Ethereum Price Analysis

Ethereum Price Analysis

Although Bitcoin is still the most traded cryptocurrency, you can make awesome profits with other cryptos as well. Some move more than others, some more volatile, some less. Today I am having a look at what Ethereum has been up to this year and where it might be headed. If you’ve not traded this crypto before, that’s okay, I’ll try and give you an overview of the basics – like what the support & resistance levels are and what to look for. Ethereum too like many other cryptos is very volatile so profits can happen very quickly. And the trading of Ethereum is still in the beginning. Who knows we might see another Bitcoin price like wonder.

 

Digitalnote – Things You Didn’t Know

Digitalnote - Things You Didn't Know

I’m gonna continue with the series of altcoin posts writing about all the cryptocurrencies available on our exchange. The world of cryptos is growing so quickly, it might sometimes be difficult to keep track of what all the different ones are and what they are for. There’s a huge variety of cryptocurrencies out there, each have their own little niche and every single one brings something new to the table. In this article I have a glance at Digitalnote. What is its purpose and how it can be used.

 

The Advantages of HitBTC API

The Advantages of HitBTC API

We’re working hard to bring you the best trading experience. There are some awesome features we’ve been working on. Not to pat ourselves on the back but many of our competitors don’t offer this options yet we find they are of great help when using your own software to trade. If you’re not familiar with our API yet you can get to know more here.