How Do I Stake Cro
To stake CRO on the Crypto.com App, you will need to go to the CRO page in the Crypto Wallet and select Stake. You will be asked to select the amount of CRO that you wish to stake, depending on the tier of the Crypto.com Visa card you wish to obtain.
For the Crypto.com Exchange, youll need to go to the Stake & Earn tab.
Once youre there, you can click on the Stake CRO button.
After that, youll need to select the amount of CRO that you wish to stake.
You will need to stake a minimum of 5,000 CRO to be able to receive the 10% reward!
Staking CRO on the Crypto.com Exchange is just one of the many ways that you can stake crypto in Singapore.
Lost Or Discarded Devices
Bitcoin has been around for nearly a decade now. During that time, technology has changed a lot and the average person probably isnt still cranking up Windows Vista to trade crypto. In some cases, people will lose their laptop or throw it away, forgetting that they have Bitcoin stored on it. Broken devices and fried motherboards also lead to losses.
This is because, in addition to being able to store your cryptocurrency on a platform like Luno, its also possible to keep it on your hard drive. In one well-known case, an IT worker named James Howells threw away a hard drive that contained 7500 Bitcoin hed mined at virtually no cost in the early days. This fortune would be worth many millions today, but there was no way for Howells to recover it.
The I Newsletter Cut Through The Noise
It comes after many cryptocurrencies enjoyed record highs at moments through the year, with one Bitcoin token reaching a price of £50,546.71 recently before significant dips.
Tesla CEO Elon Musk announced on Twitter the company was making a u-turn on its policy to accept the crypto over environmental concerns in relation to Bitcoins mining process.
Its impact was far reaching with other cryptocurrencies Ethereum, Binance Coin, Dogecoin, XRP and Litecoin among the worst affected.
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Finding Value In Cryptocurrency
If you understand the core principle of supply and demand behind what gives cryptocurrency value and the factors influencing them, you can make better cryptocurrency investment decisions. If you believe demand is going to increase for reasons X, Y, and Z and don’t think supply will keep up, that cryptocurrency could be a good investment. But be aware that governments still don’t have best practices for regulating cryptocurrency, which makes it a particularly risky and volatile investment no matter what.
Top 5 Ways To Recover Your Stolen Or Lost Crypto
Cryptocurrency is generally deemed as pretty secure, but sometimes things do happen. Even top traders have had cryptoassets lost or stolen and, until quite recently, it seemed like there was very little one could actually do about it. Thankfully, there are ways to get your cryptocurrency back. Well be looking at the top ways to recover your lost or stolen crypto, and how to avoid going through something so traumatic in the first place!
Act as quickly as possible
Benjamin Sauter, a partner at Kobre & Kim, a law and an expert in crypto theft cases, told, The quicker you can act, the better,. The longer you wait to start tracing your crypto, the more time you give thieves to transfer your assets to cold storage, send them to sketchy exchanges, or to tumblers to mix them up. The more sophisticated you are, and the less sophisticated the thieves are at laundering the assets, the better chance you have, Sauter continued.
Your capital is at risk.
If the funds are in an exchange, youll need to contact them and ask them to freeze your assets. This will buy you some time. Unfortunately, not all exchanges will comply so you may need to get a lawyer involved to throw their weight around and convince a court to order an issue for them to be frozen.
Recovering lost crypto from a cold wallet
There are a number of different ways that you can recover from cold wallets:
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How Do You Create An Cryptocom Account
Crypto.com has a web-based exchange and an app, these two platforms seem to be separate in terms of registration procedures. Once you have registered with both platforms, you can link them together.
You can easily create an account via the app. Fill in your data and you will get a request to verify your identity . The process includes giving your full legal name, ID and to verify the ID a selfie:
The verification process on itself is very simple, but make sure that you send a clear picture with a correct lighting. After this you usually have to wait for some hours, up to a day, before the process is completed. When the process is done, you will receive a confirmation email that you are accepted. From then on you will have access to the app.
Where Are My Coins
When you save a picture on your phone, there is a file stored in the phones memory. When you use Outlook there is a local copy of your emails on your computer.
Your crypto assets are not physically present anywhere, nor stored in any folder. There is no physical entity representing your cryptocurrencies.
Instead, there is a relation between the public key and the associated coins, much like a certain amount is held within your bank safe. Blockchain technology makes it possible to know the balances associated with a public key. You can then access these balances each time you want to move your coins or make a DeFi transaction such as staking, lending or swapping your crypto.
This information is distributed and replicated across a network of computing machines .
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How Crypto Is Used
Crypto-assets were first developed as a digital form of currency, to be used as money. Some stores accept crypto as payment for goods and services, and some ATMs let you withdraw it as physical money. However, crypto is not legal tender in Australia and is not widely accepted as payment.
Crypto is more commonly used as a speculative, longer-term investment, as most people dont access their balance for everyday transactions.
Whats Behind The Latest Bitcoin Drop
Many investors see Bitcoins price swings as part of the game, but volatility is tough for individual investors to deal with, Noble says. Like Yang, he warns against selling too fast.
While this recent drop is reminiscent of 2017s sell off, Bitcoins presence has grown a lot since then. New short-term investors who are selling their holdings in reaction to the drop may be influencing the continued dip in Bitcoins value, according to a recent report from Glassnode Insights, a blockchain analysis firm.
While fluctuations are expected, Noble says this swing is a bit out of the ordinary. I thought the market was maturing and these things would be less frequent and severe. Boy was I wrong, he says.
This particular drop was caused by a combination of factors that may have made this drop more severe, Noble theorizes, from excitement about low-quality coins, to negative remarks from Elon Musk, to Chinas latest crack down on crypto services. The accumulated response made this sell off all the more violent, says Noble.
He likens the drop to the stock market crash of 1987, from which the markets took months to recover. But because crypto moves a lot faster today than equities did in the 1980s, Noble says we may see a quicker recovery.
Dont panic and puke, Noble says. If you keep your positions small, you can try to tolerate the volatility.
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I Don’t See The Norton Crypto Option
Hello, I completely uninstalled my Norton 360, rebooted. Reinstalled Norton 360, ran the EAP targeter, ran LiveUpdate, rebooted. I still don’t see the Norton Crypto option. I have an nVidia RTX 3070 with 8GB ram and a AMD Ryzen 5950X CPU with 32GB of ram. Running Windows 10 Pro 21H1. Can anyone in support tell me what I’m doing wrong here?
Withdraw The Money To Your Bank Account
Now, the only thing left to do is to get the funds to your bank account.
Now that you have efficiently sold the cryptos, you might want to be able to use the funds either way.
Of course, you can keep them in your Crypto.com fiat wallet, but at one point, you will need to take them out.
Luckily, we have written a guide that shows you How to Withdraw Money from Crypto.com, so give it a good read to learn how to do this.
Thats all you need to know about this matter!
We hope this content was useful for you.
Learn more about Crypto.com on GrowFollowing.
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Make Sure The Exchange Is Exempted Under The Payment Services Act
This whole Binance saga happened because they did not apply for an exemption under the Payment Services Act. So, if you dont want history to repeat itself, do ensure that the exchange you are considering has applied for an EXEMPTION under the Payment Services Act.
Im no expert on the intricacies of what MAS does on a daily basis but what I do know is that the crypto space is one that is still relatively new to Singapore. While its framework/laws are still being developed, companies that want to dabble in this space can apply for an Exemption.
Think of it as raising your hand up in class to ask the teacher if you can go toilet. If the teacher say can then you go, if the teacher say cannot then dont go. If youre urgent and never ask teacher, but just chiong to the toilet then obviously you bear the consequences.
I cant say for certain if the regulations will change in future but at present, it seems that all MAS wants is for companies to apply for this exemption and be compliant.
In most cases, if you want to check if an exchange does have this exemption, you can do so in 2 ways:
This is the official MAS list of every company which is exempted. However, do note that more often than not, the name of the exchange is not the same REGISTERED NAME of the company which possesses this exclusion.
Its Stuck In The Mempool Queue
Bitcoin transactions can be notoriously slow and expensive at times, hence the big emphasis on making the Lightning Network work.
When transactions are executed, the funds are first sent to the Mempool where they wait to be processed by the miners. Before theyre processed, transactions will not be recorded on the blockchain as they can still be rejected by the Mempool if the fees are set too low. When the transactions are confirmed, they will be recorded on the blockchain and later posted to our history page.
Keep in mind that different cryptocurrencies have vastly different transaction processing speeds. For example, Bitcoin can handle 7 transactions per second and take 60 minutes or longer to confirm, while Ripple and Stellar have a > 1000 TPS and confirmation speed of under 5 seconds.
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What Is An Ico
ICO stands for initial coin offering. Many of the smaller projects in the crypto space and a few of the largest ones raised money from private investors around the world in the crypto equivalent of a crowdfunding campaign. Investors would send funds usually in the form of Bitcoin to the project and receive coin or tokens in return. Most ICOs happened in 2017 and early 2018 and used Ethereum as a platform of operation via the ERC-20 standard. In 2018, the United States Securities and Exchange Commission clarified their rules relating to fundraising for assets, which made it much harder for new cryptocurrency projects to issue their own tokens in this way. Since the appearance of the SEC guidance and the organizations heightened interest in regulating ICOs for U.S. citizens, the number of ICOs has been reduced substantially.
Paying With Bitcoin: These Are The Major Companies That Accept Crypto As Payment
Cryptocurrencies are never far from the headlines these days. If its not news that the value of Bitcoin has reached a record high of $60,000 for the first time, its news that Tesla founder Elon Musk is investing billions in it.
While buying and selling cryptos is becoming increasingly mainstream, the opportunities to spend virtual currencies are somewhat limited in comparison due to its volatility.
There are, however, a growing number of companies across a plethora of industries – from big tech to airlines – who are embracing cryptocurrencies, allowing customers to use them as an official method of payment for their goods and services.
Here are some of the biggest and more well-known companies using and accepting cryptos.
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The Future Of Crypto Staking
Ready set stake. From the above discussion, its clear that staking is healthier than PoW-based mining. As such, its rightfully gaining momentum and an increasing market share in the crypto sector. The shift towards staking received new strength when Ethereum finally made the shift and officially welcomed staking in December 2020.
And in 2021, the popularity of both decentralized and centralized staking appears to be at an all-time high as DeFi staking continues to flourish.
Lastly, DeFi staking, despite its FOMO-inducing growth, should be approached with caution, especially the newly-created protocols promising suspiciously high rewards for yield farmers or liquidity providers.
Remember that crypto staking comes with significant risk, therefore it is absolutely essential to do thorough research and invest wisely. Happy staking!
I’m a technical writer and marketer who has been in crypto since 2017.
Does Staked Cro Earn Interest
If you are staking CRO on the Crypto.com App, you will need stake the equivalent amount of CRO for the Jade Green or Royal Indigo tier onwards to earn interest on CRO. If you only stake the equivalent CRO amount for a Ruby Steel card, you will not receive any interest.
After increasing my stake from the Ruby Steel tier to the Jade Green / Royal Indigo tier, I am now able to earn quite a significant amount of CRO each week!
In contrast, staking on the Crypto.com Exchange will earn you 10% interest, regardless of the stake amount!
However, the rewards that you receive from both platforms are quite different, so its something that youll have to consider.
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How Does Bitcoin Get Lost
The total available supply of Bitcoin is capped at 21 million, with new ones released every day. Its expected that well reach that cap sometime around the year 2140, although it could be sooner.
If you lose a coin or note of your local currency, it doesnt matter much to the economy as a whole because your government simply mints new money on a regular basis.
But seeing as the supply of Bitcoin is finite, any time someone loses any, that means the circulating supply decreases.
So even when we reach 21 million, the number available to buy, sell, store and use will be lower.
Its not known exactly how many Bitcoin are currently lost, in part because the definition of lost varies depending on who you ask, and some may be reclaimed in the future. Though going beyond the void retrieve it isnt easy.
According to research by Blockchain analysis company, Chainalysis , as of the end of 2017 almost 4 million Bitcoin could be considered lost. Its unlikely the number hasnt increased much since then, as the higher price encourages people to be more careful. So, as it stands, the total circulating supply is set to be around 17 million Bitcoin.
Stolen Bitcoin do not count as lost because the thieves have access to it.
There are a number of ways Bitcoin can get lost:
Dont Be Swayed By Unimportant Features Like Ui Or Even Promotions
There are plenty of promotions from other crypto exchanges out there right now because they know that Binance users are seeking alternatives.
However, theres no point to be on a platform that charges a 0% transfer fee but does not accept your tokens/coins, amirite?
At the same time, even with the attractive promotions, should the company not be on the exclusion list, then you are opening yourself to the risk of having to face the same Binance issue in the future. Is the hassle of scrambling to transfer your coins again worth it?
Of course, depending on your own trading goals and risk tolerance, the rules which I have stated above may or may not apply.
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Best Penny Stock To Buy In 202: Restaurant Group
Penny stocks are drawing new-found attention from retail investors. One reason for this interest is that many new traders see the penny stock market as a way of turning a small investment into a big pay out.
Penny stocks come in with higher risks but potentially higher rewards. You must be willing to take the risk of investing in penny stocks if you want to make big profits in the market.
Penny stocks which have a decent balance sheet, low or zero debt and a track record for paying dividend fare much better against their peers.
Another reason for the comparatively higher public interest in penny stocks is that, despite their volatility, penny stocks may seem like a safer alternative to cryptocurrencies.
While meme stocks tend to get most of the attention, many other penny stocks are drawing significant attention from investors. And as the broader market continues to look expensive and overvalued, these low-priced shares may look like a more attractive option.
One of the penny stocks to watch is the UK-based Restaurant Group, which owns restaurant brands like Wagamama. The stock has seen some recovery over the past year. When the stock market crash happened last year, it had fallen to a quarter of its present per share price of around 84 pence .
However, in its recent trading update, the company spoke of outperformance compared to the market. It also increased its profit expectations, which several analysts have flagged as good signs.