Nuvei, a payment processor, has added support for approximately 40 cryptocurrencies, including lesser-known coins from past market cycles including Reddcoin, Steem, Bitcoin Gold, and Siacoin.

Via the digital payment portal Nuvei, e-commerce merchants will now transact in nearly 40 cryptocurrencies.

According to the announcement, merchants partnered with the payment provider can use an array of cryptocurrencies to send and receive payments across 200 countries, including top assets Bitcoin (BTC) and Ether (ETH), lesser known cryptos such as Reddcoin and Bitcoin Gold, and even hyper-volatile coins like Dogecoin (DOGE).

Customers of Nuvei can also use Ripple (XRP), considering the asset’s recent legal troubles and resulting delistings from major exchanges.

Nuvei’s CEO and chairman, Philip Fayer, commented on the launch, saying that the company’s support for crypto assets is “empower[ing] our customers, big and small, with frictionless payment experiences and a greater ability to participate in a global marketplace.”

The announcement also claims that crypto asset transfers can provide Nuvei consumers with “enhanced protection, anonymity, and integrity” as opposed to standard fiat payment methods. However, numerous Nuvei-supported crypto assets have historically been the victim of 51 percent attacks.

Nuvei handled approximately $14 billion from retailers in the fourth quarter of 2020, with the firm processing $43 billion in total for the year.

Nuvei’s announcement comes as competition between traditional payment providers entering the crypto sector is heating.

On March 29, Visa announced a pilot programme that will allow all of its partners to use the Ethereum blockchain to settle fiat transactions. To transparent transfers, the solution makes use of the USDC stablecoin.

Paypal revealed late last year that it will begin providing cryptocurrency services to its customers, including the ability to buy and trade them.

On March 22, Buyaladdin, a U.S.-based online shopping service, announced that it would begin accepting BTC and ETH through various South Korean shopping malls.

NEW YORK/WASHINGTON (Reuters) – John McAfee, the antivirus software pioneer whose former company still bears his name, has been indicted on fraud and money-laundering conspiracy charges stemming from two cryptocurrency schemes, the U.S. Justice Department said on Friday.

Authorities accused McAfee and his bodyguard, Jimmy Gale Watson Jr., of exploiting McAfee’s large Twitter following to artificially inflate prices of “altcoins” through a so-called pump-and-dump scheme, and concealing payments McAfee received from startup businesses to promote initial coin offerings.

The Justice Department said McAfee and his accomplices reaped more than $13 million from the schemes. The charges were brought in Manhattan federal court.

The Commodity Futures Trading Commission filed related civil charges concerning the alleged pump-and-dump scheme.

Manhattan U.S. Attorney Audrey Strauss said in a statement: “As alleged, McAfee and Watson exploited a widely used social media platform and enthusiasm among investors in the emerging cryptocurrency market to make millions through lies and deception.”

Lawyers for McAfee could not immediately be identified. McAfee is being detained in Spain following his arrest there on tax evasion charges announced in October, the Justice Department said.

Watson was arrested on Thursday night in Texas, the department added.

Watson’s attorney Arnold Spencer said in a statement: “Jimmy Watson is a decorated veteran and former Navy Seal. He fought for other people’s rights and liberties, and he is entitled to and looks forward to his day in court to exercise some of those very rights.”

Both also face civil charges by the U.S. Securities and Exchange Commission, which in October accused McAfee of concealing more than $23.1 million he made from boosting seven cryptocurrency offerings on Twitter.

In the cryptocurrency cases, authorities said McAfee touted assets including Verge, Reddcoin and Dogecoin as part of a “Coin of the Day” or “Coin of the Week” tweet from around December 2017 through February 2018.

Authorities said McAfee held himself up as an expert on cybersecurity and cryptocurrency through his tweets, speeches and his role as a CEO of a publicly traded cryptocurrency company. They also accused him of telling followers he had no stake in the coins, even as he touted how they “will change the world.”

Jimmy Gale Watson Jr., former Navy Seal and bodyguard to John McAfee, the founder of the popular Anti-virus software company, has denied all accusations of involvement in a set of crypto-scams that reportedly cost investors up to $13 million.

The U.S Department of Justice and the United States Commodity Futures Trading Commission have accused John McAfee and his bodyguard of a scheme to exploit McAfee’s huge Twitter following to openly promote cryptocurrency offerings and digital tokens that were later sold once the price skyrocketed due to intense promotions via so-called pump-and-dump schemes.

Here, it’s worth noting that Watson once also served as an executive advisor to the “McAfee team,” a website pushing out McAfee-endorsed crypto-tips.

One of the most promoted cryptos was Docademic, followed by Burstcoin, with McAfee alleged to have charged as much as $105,000 per promotional tweet. Other crypto-assets such as Verge, Reddcoin, and Dogecoin have also reportedly been part of tweets labeled “Coin of the day” or “Coin of the week,” spanning from December 2017 to February 2018.

As per the U.S SEC, McAfee also concealed over $23.1 million which he made for the promotional tweets of seven cryptocurrency offerings.

McAfee, at the moment, is being held in Spain on charges of tax evasion. In fact, U.S authorities are actively working on the extradition process, with the entrepreneur expected to face multiple charges including the promotion of crypto-based offerings and the failure to submit tax returns from 2014-2018.

According to Manhattan-based U.S Attorney Andrew Strauss,

“The duo allegedly used McAfee’s Twitter account to publish messages to hundreds of thousands of his Twitter followers touting various cryptocurrencies through false and misleading statements to conceal their true, self-interested motives.”

Watson was arrested on 04 March in Texas, following which he pled not guilty to the charges read to him. According to his attorney Arnold Spencer, as a decorated veteran and a former Navy seal, Watson has always fought for other citizens’ rights and liberties. Watson is now looking forward to exercising some of those very rights in the court, Spencer added.

Tezos, IOTA, VeChain Price Analysis: 23 March

Litecoin, Cosmos, Dogecoin Price Analysis: 23 March

Shubham is a full-time journalist at AMBCrypto. A graduate in Accounting and Finance, Shubham's writings mainly focus on crypto-regulations across the United States and Europe.

Join our community of 10 000 traders on Hacked.com for just $39 per month. Reddcoin has dubbed itself the “social currency.” Reddcoin–the self-declare “social currency“–was one of several altcoins to experience price spikes during June and July. The Reddcoin price rose so far that it even briefly challenged Dogecoin on the market cap charts. However, the Reddcoin price has fallen 70% since then. CCN examines this altcoin price decline. Also Read: Reddcoin Announces Social Wallet and Proof of Stake Velocity Reddcoin Price Continues The October Downward Trend The Reddcoin price heated up in the middle of summer, peaking at 37 satoshis on July 27. However, it soon became apparent that the altcoin had succumbed to a pump and dump scheme. Within two weeks of reaching its peak, the Reddcoin price had fallen nearly 60%. The Reddcoin price experienced two brief rallies–one in August and another in September. However, neither Reddcoin price proved permanent. The Reddcoin price continued to decline linearly in October, falling to 13 satoshis on the 31st. During the former half of November, the Reddcoin price has continued the October trend, declining from 13 satoshis on November 1 to 11 satoshis at press time. The Reddcoin price has trended down for the past several months. The current Reddcoin price is 11 satoshis. Chart from CoinGecko. Reddcoin now has a total market cap of just over $1 million, which places it 26th on the cryptocurrency market cap charts. Despite its low market cap, CoinGecko ranks Reddcoin 9th in overall coin health with a 52% rating. This discrepancy sometimes indicates a coin is under-performing and could be poised for a price rally. However, Reddcoin has held a high CoinGecko ranking for several months, and it has not resulted in a positive price trend. Investors will have to decide for themselves whether or not to bet on the long-term success of Reddcoin. What do you think of the Reddcoin price decline? Comment below! Disclosure: The author is paid in and holds investments in bitcoin. He is not invested in or affiliated with any of the altcoins discussed in this article. Any advice contained in this article is solely the opinion of the author and does not reflect the views of CCN. Neither the author nor CCN is liable for your investing decisions, so do your homework and never invest more than you are willing to lose. Images from Reddcoin and Shutterstock.

Source: Reddcoin.com Thanks to my earnings from posts here on Steemit, I have had some spare 'coin' to play around with. Having a growing interest in different cryptocurrencies I wanted to grab a bit of a few and get to grips with exchanges, wallets etc. One coin I settled on is Reddcoin (no relation to reddit!). This claims to be a 'Proof of Stake Velocity' algorithm, which also seems to have (in my experience) FREE transactions. Staking vs Mining A noob's perspective, mining = getting rewards for solving complex problems, whereas staking = getting rewards for owning the coin. With Reddcoin, you stake by keeping your wallet unlocked (for staking) and having some RDD in your wallet. The wallet takes part in validating transactions on the network, this is how you earn your rewards. The more RDD you have in your wallet, the more often you stake. What wallet? I grabbed the wallet download from the home page, though they have a redesigned one available too. Installation was simple and painless, wallets are available for Windows 32 bit/ 64 bit, Mac and surprisingly Linux too. You need some coin I transferred SBD to Bettrex.com and converted that to Bitcoin, THEN converted that to Reddcoin. True to form I bought near Reddcoin's high, so my coins are worth somewhat less now but such is life 😒 After that it was a simple task of generating an address from the Request tab, then sending a small portion from Bittrex to my local wallet. Stake me! 3 things need to be true before you can stake Your wallet needs to be caught up with the blockchain You need coins in your wallet The coins must have 'matured' for at least 8 hours It took 2 full days for my wallet to catch up, this is after I downloaded a file with some history in it. I waited till it was caught up to send some coin, then unlocked my wallet for staking and got this screen; I grabbed a screen shot with the message, as you can see I had 1 and 2 in place, but the coins had to mature. After my coins had matured I could see my weight vs the network weight, and realised with my paltry sum it would take weeks to get a stake in. I found a handy tool that you can use to work this out before getting your own Reddcoin and wallet etc. Visit Reddcoin stake calculator and put an amount in to see how it goes. Instant gratification So I left my wallet open on an old notebook running Ubuntu for 3 days, then got impatient, so sought an alternative. I found that BTCPOP.co stakes with the coins in it's POS wallets and distributes the coin to the people who have a balance (minus a fee for maintaining the wallet) Here's a banner, feel free to go direct to https://btcpop.co if you don't like referral links 🙃 (Referral link) So far this has turned out great, I started getting the staking rewards from the day I sent my coin there, generally there are a few rewards per day. This makes me think there are a few people on BTCPOP that have quite a bit of RDD in their wallets! With staking you should get an average of around 5% per year, which matches up very closely with what I see on BTCPOP, meaning their fee is not high at all. Conclusion I am glad I moved my coin to BTCPOP, I think I would still be waiting to stake if I had kept it locally, added to which I would be paying electricity and fretting over whether the wallet was staking or not. I am hopeful for a price increase in Reddcoin, it seems as if they have had developments 'in the works' for some time though, so we will wait and see. I am posting what I managed to piece together, if you know more or spot a mistake, by all means leave a comment and let me know. If you fell like leaving a 'tip' here is my Reddcoin address: RqxLTcygUHzLTbHrmBvAo5uyvJ7TM33Ftr Thanks for reading!

What is Reddcoin?

Reddcoin recently upgrade PoSV to version 2 to improve mining algorithm of network using Proof of Stake and following this Reddcoin again started showing some decent growth in price, as most of people who knows cryptocurrency since beginning of its hype know about Reddcoin because during breakout year i.e. 2017 this coin was showing growth rate over 800% in less than one week with rapid increasing number of transactions.

Initially Reddcoin was launched to make micro-payment faster to approve with charging lower transaction fees as due to having low price equal to buy 1 coin which was really matter at beginning of cryptocurrency was new to the world, which was replace by Ripple currently rebranded as XRP and then fall begin.

Reddcoin is based on social media monetizing in which it pays to content creator in order to give fast content to reader and also paying writer with RDD coin, as currently there are many big cryptocurrency including Tron, Steemit who gaining decent market cap value but also there is less response as comparing to early days, so may be the new competition of same platform is increasing or people are more attracting towards creating their own blog to have more profit, as many of them know if we used pre-built platform they gets their margin.

 Since end of 2019 Reddcoin was started losing momentum and no dropped from top 100 cryptocurrency list, one of the most possible reason behind this might be Litecoin, as Reddcoin is hard fork version of Litecoin which was launched in 2014, but due to facing back to back problem in the network, Litecoin was dropping its market cap value which result it also loses ranking and currently holding 7th position, so similarly Reddcoin was holding ranking in range of 50th to 60th position also dropped to below the list of top 100 cryptocurrency.

RDD starts new year with price $0.00070 USD and then with 72% growth rate it reaches to $0.0012 USD in February 2020 this is highest price of 2020 so far, as again in April 2020 Reddcoin was showing some recovery with price but still this price fluctuation still best for attention point of view, but if we compare Reddcoin  with top cryptocurrency they need to focus on other aspects because mining is not popular right now which was it used to be back in 2017, so right now most company trying to bring product with Blockchain in which emerging specific product with Blockchain security is more beneficial and getting more response than other cryptocurrency, as if Litecoin is still left something in it and have to done some wonder in 2020 then Reddcoin might re-enter into top 100 list and will gain decent transaction over time.

Reddcoin having all-time highest record of price $0.032391 USD which is possible again in end of 2021 or may be beginning of 2022 and that might help to get decent ranking boost as well, as Reddcoin is still having ROI over 2300%, as currently they become partner with Rypplzz Inc. to bring unique interlife tech, precise micro-location technology and other tech also launching soon, as Reddcoin in return going to provide blockchain solution and also providing payment gateway in which transaction fees almost equal to zero for any transaction and recently in march 2020 they become partner with Forging Block to allow Reddcoin payment of their e-commerce plugin for payment, so currently with the help of partnership and system update they gaining growth in market cap and price too, so they need to repeat this until they will reach into getting consistent number of registered user into market.

as new update is also taking care of transaction speed approval time which is faster than bitcoin and after that they also gets compared with Dogecoin and Steemit, as along with system they hired new team member in core and also in marketing, as there is always lack of marketing in Reddcoin and slow update was responsible of dropping market cap value, so with the new team they may find some new trick to shine again and bring back glory which was they set in 2017 year.

Ans: huge chances of crossing $1.5 USD.

Ans: Yes, Probably in 2030 or 2031.

Ans: Maybe Yes.

Reddcoin was reported as scam initially but that was attacked by hackers, where thousand of RDD Token stolen. Reddcoin currently under updation of PoSV V2 Staking Algorithm to approve staking program in the network.

As part of John McAfee‘s coin of the day program, an up-and-coming tipping currency called Reddcoin won the honor on December 24th. Following the mention on McAfee‘s Twitter feed, prices for the coin shot up sharply and then dipped again. Even after the dip, however, prices for Reddcoin are still much higher than they were before the pump. So what is Reddcoin, and should you get involved in it? A good rule of thumb when looking into a new cryptocurrency is to compare it to Dogecoin. What does this new asset offer that Dogecoin doesn’t? Does it offer fast transactions? Dogecoin has those. Are there very low fees? Dogecoin has that as well. It is unusual for a currency to have so much in common with Dogecoin, and yet be fundamentally different. So is Reddcoin sufficiently different? Unlike Dogecoin, Reddcoin uses proof-of-stake as opposed to Dogecoin’s proof of work. Proof of stake means that the coin is mined not through high-end computing power, but by proof of ownership of a certain amount of the tokens. Holders of the token are then rewarded periodically with small payouts. Reddcoin is designed to be a low-cost social media and tipping themed currency, exactly like Dogecoin. Today, Dogecoins are selling for about $0.009. Reddcoins were trading at $0.001 each before the mention on McAfee’s Twitter feed, that was followed by a pump to over two cents each. This was followed by a slide back to $0.014 each. At the same time, Dogecoins also saw a similar pump at the same time and went from $0.002 to a peak of $0.01. It is possible that the sudden burst of popularity for one tipping token increased the popularity of the other. Coin of the day: Reddcoin (RDD) – a sleeper – most widely used social network coin in the world – flying under the radar since 2014. Working with every Social Media platform, it is the only currency that many children under the age of 10 have ever known.  https://t.co/ZN3jehwXp7 — John McAfee (@officialmcafee) December 24, 2017 To answer this question, you need to ask yourself what the future value of these so-called tipping currencies will be once transaction fees on major cryptocurrencies become a thing of the past. Let’s propose a hypothetical scenario. Let’s say that bitcoin fees drop to a fraction of a cent as a result of either a blockchain upgrade or a second layer solution like Lightning Network. With that in mind, what would be the value of these tipping currencies, when their main selling points are their incredibly low transaction fees? So far history has shown us that cryptocurrencies can continue to exist even if they are usurped by supposedly more useful or widely deployed assets. For example, bitcoin continues to thrive at the number one position even though from a purely technological perspective, it is inferior to many new offerings. What will likely happen is that these tipping currencies will act as training wheels for newcomers to cryptocurrency. Because of their low-cost, it is a lot less of an issue if you were to lose 1000 Reddcoin or Dogecoin due to typing in the wrong address, as opposed to losing a Litecoin or an Ether unit due to such a mistake. Additionally, it is a lot more accessible to tell someone that they have 10,000 Reddcoins or Dogecoins as opposed to something like 0.000001 bitcoin. It’s just easier for people to keep track of whole numbers as opposed to decimals. As people using these tipping currencies understand them better, they can exchange them for more sophisticated assets and then other newcomers can pick up the tipping currencies to learn. To summarize, if you were already very familiar with cryptocurrencies, and you have no particular interest or enthusiasm for these tipping currencies, it’s safe for you to avoid them as you are unlikely to miss much. At least not much other than a periodic pump and dump as nearly all cryptocurrencies see on a monthly basis. If you are interested in tipping, then Reddcoin or other tipping currencies could be for you. If not, you are better off sticking to more sophisticated assets and investments.

Active Cryptocurrencies: 2116 | Active Exchanges: 234 | Total MarketCap $120,383,351,083.57 | BTC Dominance: 52.33% | ETH Dominance: 10.31% Home » News » 5 Reasons Why ReddCoin is the Crypto to Watch this 2019 January 21, 2019 | 3 minutes read | 661 Views To predict correctly the future of an asset is a hard task even for financial experts. The duty becomes more difficult when it comes to cryptocurrencies, blockchain-based digital tokens with highly volatile prices.Nevertheless, signs still appear here and there which many experts use as guides in distinguishing which crypto is worth investing in for the long term. One of the promising digital coins that took the attention of vigilant crypto enthusiasts is Reddcoin (RDD).Here are five reasons why Reddcoin is the crypto to watch this 2019 and why the crypto community should keep an eye on this token:As a token that connects users and token holders to their favorite content creators, Reddcoin relies in part on social media networks to flourish. And based on recent data, the online sector will grow more this 2019.A Pew Research Center survey of 2018 detailed an increasing number of American adults using a number of social media sites from 2012 to 2018. Moreover, numbers from Statista showed an increasing viewership of vertical videos by content creators on mobile from 2013 up to early 2018.Should trends of growing social media use continue, then the future looks bright for Reddcoin.| Related: Could This Algorithm Help Reddcoin’s ReddID Surpass Defunct ChangeTip?Reddcoin does not only have a promising use case as a social media tipping coin. The project also has a loud and interactive online community that spreads the news to both RDD holders and the uninitiated alike.Meanwhile, a simple search of Reddcoin on Twitter will show a number of related accounts catering to audiences of different kinds—from newsreaders, Korean-speaking token holders, and all other ReddHeads. In addition, individuals are using Reddcoin-related hashtags discussing their trading methods, the future of the coin, and more topics.While not increasing dramatically, Reddcoin’s market capitalization has closely followed the movement of the global crypto market cap.Graphs from one monitoring website showed that the Reddcoin market cap dropped around only nine percent, from US$38.67 million on December 21 to US$35.19 million 30 days later. Meanwhile, the market fell by almost 10 percent from US$132.66 billion to US$119.53 billion on January 21.There is nothing spectacular with that movement, but many online crypto analysts agree that the Reddcoin graph not straying away from the global trend is a good reason for holders to breathe a sigh of relief—especially since the following two developments could push interest on RDD to new highs.| Related: Want to Become a Better Crypto Trader in 2019? Here are 5 Tips For YouEarlier, the Reddcoin community was greeted with a pleasant surprise as the crypto’s Twitter account revealed that the team has applied for RDD’s listing on Binance.#HappyNewYear, #ReddHeads! Here's a little gift for the new year! Please note, "Community members must be aware that this image does not imply any response, listing progress, or endorsement [from @binance or @cz_binance ] whatsoever."#Reddcoin #ReddID #RDD #PaintTheWorldRedd pic.twitter.com/GM3PurbSRdAppearing in a trading pair on one of the biggest crypto trading platforms in the world will not only boost Reddcoin’s popularity, but it will also guarantee the integrity of the token—given that Binance examines a crypto applicant carefully before its listing.Moreover, it is almost sure that the price of RDD will increase should Binance list this token. The phenomenon of cryptos rising in value shortly as the exchange announces their listing has been well documented over the past months, which many in the community dubbed as the Binance Effect.Reddcoin has a realistic use-case in which the project can be used to attract investors and adopters into using the crypto token. And while the app has been released to the public, the full version is slated for release only this January 26, which could cause noise in the global crypto community.Join us on January 26th for the full launch of ReddID, and help #PaintTheWorldRedd! https://t.co/u0aZtx1WIq #Stake_on! #BTC #crypto #socialmedia pic.twitter.com/EoAQi47xtNThrough the ReddID web browser extension, token holders can tip their favorite content creators online using RDD. Supporters can simply create their own identity, record it on the blockchain, and start tipping on Reddit and Twitter. Support for Instagram, Flickr, and YouTube are likely to arrive in the future.| Related: Tip Your Favorite Content Creators with Reddcoin (RDD) Crypto. Here’s HowJoin our mailing list to receive up-to-date news and relevant content straight to your inbox.CoinChoose.com is the platform for newcomers and people with basic knowledge of crypto investments and blockchain industry. We at CoinChoose cover various topics and classified information on cryptos, prices, mining companies, market trends, exchanges, blockchain projects, and education. We provide the necessary tools to help you make informed investment decisions and integrate cryptocurrencies in your everyday life.Copyright © 2019 CoinChoose.com, All Rights Reserved.I have been fully informed of the CoinChoose Privacy Policy, and I give my full consent to the collection and processing of my Personal Data by CoinChoose.

Staking cryptocurrency has become a popular method for crypto investors to earn “interest income” on their digital asset holdings.

In this article, you will be introduced to the concept of staking, how staking-as-a-service platforms work, and a guide to the best staking service providers in 2021.

In the cryptocurrency world, staking refers to “locking up” a digital asset by “staking” it to secure a blockchain network. In exchange for helping to secure the network, participants who stake their coins receive a share in the block reward in the form of newly minted coins.

Staking is an integral part of a Proof-of-Stake (PoS) consensus mechanism. Proof-of-Stake requires network participants to stake the network’s native asset to achieve distributed consensus. Block rewards are attributed to stakers using a combination of random selection and the size of the stake (measured by the number of tokens) that have been provided.

Unlike its predecessor, the Proof-of-Work (PoW) consensus algorithm, which has been made popular by Bitcoin, PoS does not require machines to make energy-intense calculations to solve a puzzle. As a result, PoS is considered a more environmentally-friendly alternative, and many consider it the future of consensus protocols.

Staking-as-a-Service platforms enable crypto investors to stake their stakable PoS digital assets via a third-party service that takes care of the technical aspect of the staking process.  For this service, platforms charge a fee – usually a percentage of the staking rewards.

They lower the (technological) barriers to entry so that anyone can earn tokens by providing them as a stake in a PoS network. The use of third-party staking services is often referred to as “soft staking.”

In addition to pure staking-as-a-service platforms, several leading exchanges have also launched staking services dubbed “exchange staking.”

Exchange staking enables investors to leave their PoS stakable assets in their trading account’s wallets to earn “interest” in the form of fresh tokens. The exchange handles the technical side of the process and (usually) charges a small percentage fee for that service.

To help you find a service provider that you could potentially use to soft-stake cryptocurrency, we have composed a list of the most reputable staking-as-a-service platforms.

We have split our list into staking-only platforms and leading crypto exchanges that also offer staking.

Figment Networks

Canadian staking-as-a-service provider Figment Network offers “institutional grade infrastructure, software, and tools for token holders and stake-based blockchains.”

Founded: 2019 Stakable Assets: Ethereum (ETH), Polkadot (DOT), Tezos (XTZ), Livepeer (LPT), Chainlink (LINK), Cosmos (ATOM), Solana (SOL), ICON (ICX), Algorand (ALGO), Aion (AION), and Kava (KAVA) Staking Fees: 0 – 15%

Estonia-based MyCointainer is a regulated staking-as-a-service provider that enables crypto investors to soft stake a wide range of PoS coins via an easy-to-use online platform.

Founded: 2019 Stakable Assets: Phore (PHR), PinkCoin (PINK), Bitbay (BAY), CloakCoin (CLOAK), PIVX (PIVX), Particl (PART), NavCoin (NAV), OKCash (OK), Wagerr (WGR), BlackCoin (BLK) and many more. Staking Fees: 0% – 28%

France-based Stake Capital “provides financial instruments and services on top of the leading DeFi and staking networks.”

Founded: 2019 Stakable Assets: Loom Network (LOOM), Cosmos (ATOM), Livepeer (LPT), Idex (IDEX), Tezos (XTZ), Kava (KAVA), Aion (AION) and many more coming soon. Staking Fees: 0% – 10%

South Korea-based Stake.Fish is a leading staking-as-a-service service that enables users to soft stake several different stakable assets.

Founded: 2019 Stakable Assets: Alogrand (ALGO), Cosmos (ATOM), Livepeer (LPT), Tezos (XTZ), Cardano (ADA), Kava (KAVA), Solana (SOL) and Aion (AION) Staking Fees: 10% – 20%

New York-based Staked “helps institutional investors reliably and securely compound their crypto by 5% – 100% annually through staking and lending.”

Founded: 2019 Stakable Assets: Tezos (XTZ), Livepeer (LPT), Decred (DCR), and Cosmos (ATOM) Staking Fees: 0% – 54%

Germany-based Stakinglab is a leading European staking-as-a-service provider that enables users to soft stake and host masternodes for a variety of stakable digital assets.

Founded: 2019 Stakable Assets: Phore (PHR), PIVX (PIVX), Reddcoin (RDD) Staking Fees: 7.5%

Staking Facilities

Germany-based Staking Facilities provides an enterprise-grade validator infrastructure for blockchain investors who want to stake PoS assets to (potentially) earn investment income on their digital assets.

Founded: 2019 Stakable Assets: Tezos (XTZ), Cosmos (ATOM), Aion (AION) Staking Fees: 5% – 20%

Based in Singapore, Stakewith.us is a staking infrastructure provider that allows users to stake their crypto assets to earn high-yield staking rewards via a self-service interface.

Founded: 2019 Stakable Assets: Kyber network (KNC), Cosmos (ATOM), Terra (LUNA), Kava (KAVA), Band Protocol (BAND) and IOV (IOV). Staking Fees: 10%

George Town-based P2P Validator is a non-custodial staking-as-a-service platform, giving users access to more than 25 networks to stake their assets.

Founded: 2018 Major Stakable Assets: Ethereum (ETH), Cosmos (ATOM), Polkadot (DOT), Tezos (XTZ), Solana (SOL), Cardano (ADA), Marlin (POUND), and many others. Staking Fees: 3% – 15%

Bucharest-based Dokia Capital is a staking-as-a-service provider that allows you to delegate assets directly from your wallet to start earning staking rewards.

Founded: 2019 Stakable assets: Cosmos (ATOM), Terra (LUNA), NEAR Protocol (NEAR), Polkadot (DOT), Solana (SOL), IRISnet (IRIS), and many more. Staking Fees: 5% – 15%

Binance is arguably the leading digital asset exchange in the world. The Malta-based exchange has managed to establish itself as one of the go-to trading platforms for retail traders.

Additionally to launching its own blockchains – Binance Chain and Binance Smart Chain – the company also offers exchange staking for a large number of digital assets, including BNB.

The platform offers two staking options, which includes Locked Staking, where your asset is locked for a certain period, and staking in DeFi projects.

Founded: 2017 Stakable Assets: Bitcoin (BTC), Binance Coin (BNB), Dai (DAI), Tether (USDT), SushiSwap (SUSHI), Tezos (XTZ) and many more. Staking Fees: Zero

Coinbase is one of the largest digital asset companies in the world. The exchange and wallet provider offers a suite of different services, including an education platform, an automated investing feature, and also a staking service.

Coinbase users can currently stake three assets by leaving the tokens in their Coinbase wallet. Other stakable assets are expected to follow as Coinbase expands in the universe of supported assets.

Founded: 2011 Stakable Assets: Ethereum (ETH), Tezos (XTZ) and Cosmos (ATOM) Staking Fees: 20% – 25%

KuCoin is the pioneer of exchange staking. The Singapore-based exchange was the first trading platform to introduce soft staking in 2019.

Users can currently stake a wide range of assets on KuCoin, including several that you will not find on other reputable platforms.

Founded: 2013 Stakable Assets: Algorand (ALGO), Aion (AION), Cosmos (ATOM), EOS (EOS), Tron (TRX), Internet of Services (IOST), Neblio (NEBL), DeepOnion (ONION), Energi (NRG), NULS (NULS), TomoChain (TOMO), Loom Network (LOOM), Loki (LOKI), V Systems (VSYS), WAN (Wanchain), Tezos (XTZ) and PIVX (PIVX) Staking Fees: 5% – 10%

San Francisco-based Kraken is one of the most established digital asset exchanges in the market. The trading platform offers a number of leading altcoins and has been a popular choice for both retail and professional traders for almost a decade

In 2019, Kraken also joined the exchange staking market by offering a staking service for Tezos (XTZ).

Founded: 2011 Stakable Assets: Ethereum (ETH), Tezos (XTZ), Cosmos (ATOM), KAVA (KAVA) Staking Fees: 15%

Poloniex is one of the most established exchanges in the world.

Aside from its array of features for both novice and advanced traders, Poloniex also offers exchange staking.

Founded: 2014 Stakable Assets: Tron (TRX), Cosmos (ATOM), BitTorrent (BTT),  WINk (WIN), Tendies (TEND) Staking Fees: 0% – 25%

While staking can be an excellent way to earn income on your digital asset holdings, it is still a risky venture as the underlying digital asset values can fluctuate wildly. As such, investors should never invest more in stakable (or any) digital assets than they can afford to lose.

Bringing crypto to the world: Snax and b 24Multiple projects in the blockchain community are trying to achieve widespread adoption of cryptocurrencies through the integration of the social networks together with the blockchain networks. They aim to create “social coin” which would be widely used by the general population. This article is the first part of the series which will look at the different approaches to increasing adoption of the blockchain technology.Here are some of the problems that people who are unfamiliar with cryptocurrencies face when using blockchain for the first time:The simplicity of use. Crypto today is not easy to use. The UX is not intuitive and there are many steps that people have to take to get and use crypto. For example, creating an Ethereum wallet is far from trivial, then the wallet addresses are impossible to remember, and on top of that, creating transactions and then choosing the gas price for it can confuse people.Cost of transactions, speed, and scalability. To be widely adopted by the general population, the crypto has to offer cheap and fast transaction. It has to be able to handle millions of transactions each day as its audience can reach hundreds of millions of people.Getting tokens. Most people, by now, have heard about cryptocurrency, however, a majority of them has no idea how to get it. If the aim of a token is to be used by a certain community, then people in that community should be able to earn said tokens without having to buy them from an exchange.Narrow use case. Currently, most cryptocurrencies only work as securities. You can trade them, but you have a limited ability to purchase goods and services with them. People should have the ability to perform a wide range of tasks using cryptocurrencies.In this article, we will look at how to do Reddcoin and Snax attempt to solve these problems.Here is the technical information about Reddcoin and Snax:Technical comparison of Snax and ReddcoinBoth of Reddcoin and Snax aim to make digital currencies to be more accessible to the general public. Both try to achieve it by seamlessly integrating blockchain into multiple existing social networks while making transactions fast and cheap. You can read more about Snax token distribution here.Simplicity of useReddcoin is one of the oldest cryptocurrencies on the market and, from the start, it has branded itself as a social cryptocurrency bringing an idea of creating more recognizable account names to replace standard crypto wallet addresses.These account names (also known as ReddID) were created to make cryptocurrencies more accessible to the population and the idea has developed further. Right now Reddcoin is working on a way to tie multiple social network account names to their ReddID.There is one major flaw with this naming system, as it is rather complicated to use (based on the beta as full release version is not yet available). If you are new to crypto here is what you would have to do to get a working ReddID:Create a wallet with Reddcoin.Register on a crypto exchange.Exchange fiat to crypto and get RDD.Download browser extension which creates a separate wallet for you.Pay some RDD to register your ReddIDWait for the network confirmation, or try again if it fails.Bind your social accounts to ReddID.It does, though, help to make RDD more accessible, as after completing this process you would no longer need to remember lengthy wallet address and you can simply use social account names to send and receive transactions.With Snax you can begin using a network with a few simple steps:Download browser extension (or mobile app in the future).Get your seed phrase and set a password.Create your Snax account and verify your account by posting a given hash (string of numbers and letters) with your social account.Receive 50 SNAX airdrop for registeringOnce you have posted a tweet, everything else is not only automatic but is also free! You will now have an account with Snax blockchain network and a social media account bound to it — you can send and receive transactions using nothing but your friend’s social account name. You can even send a transaction to your friend’s social account if they are not yet on the Snax network! They will receive their funds as soon as they join Snax.Cost of transactions, speed, and scalabilityReddcoin has begun as an open source blockchain derived from Litecoin. The first block was released on the 2nd of February 2014 with PoW (Proof of Work) consensus, changing to PoSV consensus on the 2nd of August same year. Reddcoin average transaction fees are currently about 0.04 cents, which is almost free. However, the transaction price has fluctuated, reaching 60 cents at the beginning of November 2018, even though the prices for RDD were dropping for almost a year by that point. You should expect an average transaction to be processed within 4–12 minutes, which is rather fast, compared to Bitcoin, but is still far from the speed of credit cards.We have chosen to build our blockchain based on EOS engine to protect our community from having to pay any fees for their transaction, and because of that Snax social transactions are free, and take seconds to confirm.When it comes to the speed of transactions, Reddcoin can process about 70 transactions per second or 6 million transactions per day. That can be increased in the future by increasing the block size, however, that would burden the network as the overall size of the network would increase as well.Snax is using one of the most advanced blockchain engines allowing it to have at least 1500 transactions per second which add ups to over 120 million transactions per day. This can also be improved in the future with sharding of different platforms integrations to different sidechains.Getting tokensSocial cryptocurrency has to have a fair distribution of tokens — everyone should be able to earn it without the need to buy it from someone else or investing in expensive hardware.Proof of Stake Velocity allows everyone with RDD tokens to earn dividends by staking their tokens. It is not particularly hard to stake tokens, but you have to have some tokens on their core wallet and understand its functionality to be able to do it. You can earn about 5% interest per year on the minimal concurrent balance in your wallet.Snax uses Delegated Proof of Stake consensus, which allows anyone with 64GB of RAM and 512GB SSD on their computer to become an elected representative for the network and earn a substantial amount of tokens. You would have to convince people to vote for you (amount of voting weight depends on the number of tokens you hold) and the reward is rather large, so you will have a lot of competition, however, that is not the only way to earn tokens with Snax.In addition, Snax has created a new system to distribute tokens called Publisher Reward, where social influencers are rewarded for their content using a complex evaluating algorithm which you can find here. Anyone with a social influence can earn Publisher Rewards — you do not need to own any Snax beforehand. Since it is absolutely free and very simple to receive Publisher Rewards, it will help to attract social influencers, as they will have a direct financial incentive to join the network, further increasing the rate of adoption of the Snax blockchain.Narrow use caseCryptocurrencies have made a lot of headlines last year as a lot of people began trading on Bitcoin, Ethereum and other cryptos as if they were securities. Although crypto tokens can be used as securities, to have general population use crypto it should have more use cases.Reddcoin has focused on building its token as tips and donations mechanism for social networks. By having a cheap and fast mechanism for making donations to people, using their social accounts as addresses, Reddcoin should achieve solution to this problem. There is one issue that they need to solve — you can only currently send tips to the people who are already registered with the network, and that limits Reddcoin ability for widespread adoption of this feature.Snax has solved this problem, as you can send SNAX tokens to everyone using their social account names, even if they are not on the Snax network — people will receive their SNAX as soon as they verify their account. This makes Snax a great tool for donations.Snax provides developers with smart contracts to develop decentralized applications inside the chain. You can think about Snax like a programmable, trustless financial layer over the public social media. Developers working with the social network can save a lot of resources by using Snax financial structure to build games and platforms that monetize social accounts.For example, if a developer wants to build a game that uses social media accounts and has some in game transactions that allow users to send each other collectables, they can save a lot of time and resources by using SNAX tokens. Snax provides the code basis for the developer to realize their ideas, and bring new use cases to life.ConclusionBoth Snax and Reddcoin are trying to bring cryptocurrency closer to the general public, however, they have a different method of solving the problems that arise from that. Reddcoin is an older technology, but it has been tested by time and has a large community behind it. However, we believe that Snax has more modern mechanics that would help it to become the first crypto which will bring decentralized currencies to the wider audience.Our team believes in the future of social cryptocurrencies, and we would welcome people from Reddcoin community to join us and help us to bring wonders of the blockchain technology to the general population.You can read more about Snax at our website https://snax.one/, you can engage with our community in our Discord here: https://discord.gg/qygxJAZ and don't forget to follow us on Twitter for instant updates: https://twitter.com/SnaxTeam.

How to use your Reddcoins to stake (getting rewards)theroliyogi (54) in cryptocurrency 10 months agoHi Steemians! ;) How to use your Reddcoins to stake (getting rewards) First of all a small introduction into Reddcoin - More information @ https://www.reddcoin.com/ What is REDDCOIN? Reddcoin is the social currency that enriches peoples social lives and makes digital currency easy for the general public. Reddcoin achieves this by integrating a digital currency platform seamlessly with all major social networks to make the process of sending and receiving money fun and rewarding for everyone. You can TIP with Reddcoin for good content on Twitter, Twitch and other social media sites. What is staking? Staking (minting) is in the short term for a system called POS (Proof of Stake) Proof of stake (POS) works different than Proof of Work (POW) because you need no CPU/GPU/ASIC power to mine coins and gain interest. A good example for a POW System is Bitcoin, where you need a lot energy and "work" to generate Bitcoins. POS at Reddcoin means that you get money for securing the network for just being online. As a reward you get a 5% Interest rate back in return. How does that work and what do I need to know? First of all you need to know that the random generator does not work if you have a zero balance in your wallet. Here is a list what you actually need to do: Download and Install the Reddcoin Wallet on a computer you know you don't have to turn of. Here is the official Link to the Projekt Website: https://www.reddcoin.com/#Wallets Buy Reddcoins on a Exchange or use https://Shapeshift.io or via https://changelly.com Unlock your Wallet just for staking --> Settings - Unlock Wallet You should be aware that when you have to unlock the wallet, you should have checked the checkbox: "Only for staking" - Otherwise a virus or a hacker can transfer your coins to another wallet without a password! Now the grey symbol at the bottom of the wallet turns after a few seconds from grey to green and you can see the statistics when your next stake might be. What else do I need to know? Your wallet has to be online, in sync and unlocked. Its like a lottery pot - Every coin is ticket to stake. More coins means - more tickets - higher chance to stake Staking is a random process. There is no guarantee that you stake once every xx hours. Coins have a coin-age - Higher coin-age is better. Coins with old coin age will be spent first. Make sure if you read, ask, exchange that it is REDDcoin not REDcoin (Both coins exist) Diving a little deeper You can also activate a hidden feature called coin control where you can see the priority and the coin-age. --> options - wallet - "Enable coin control feature" You can access the feature via the send button: --> send - inputs Here you can see all your coins stored in you wallet, the coin age and the block confirmations: Useful links: https://www.reddcoin.com - Project Page https://wiki.reddcoin.com - Reddcoin Wiki https://agroff.github.io/posv/ - A very good article about Reddcoin staking https://wiki.reddcoin.com/index.php/Proof_of_Stake_(PoS) - About POS https://www.reddcoin.com/papers/PoSV_FAQ.pdf - The original FAQ from 2014 http://coinmarketcap.com/currencies/reddcoin/ - Reddcoin Market Capitalization Hope that helped you through the world of staking. If you have any questions, just leave a reply. Have a good staking day ;) Roland Tips are welcome Rk9msicrCifaWvnuH5nziHgtRgPusrWN91 - Reddcoin 1Avrg4mbnHfiGM8jvtGcvpkJdzY2VUxav8 - Bitcoin cryptocurrency reddcoin staking stake 10 months ago by theroliyogi (54)$0.08Past Payouts $0.08 - Author $0.08 - Curators $0.0025 votes+ theroliyogi+ prosirius+ integrate+ earnmoney29+ willybobob+ aifuture+ ascheuren+ vpsivam+ msadmin+ dalesatoshi+ interisti+ veetee+ xanthosxxl+ blazinfamurx+ nhatle+ bridget17+ blacklion18+ mrdear+ snarksneep+ jorlon77 and 5 moreReply 10