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Scalable Proof of Stake Coin PIVX Now Available for Staking on HolyTransaction Exchange

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HolyTransaction Exchange

Proof-of-Stake (PoS) concept is taking off in recent times as crypto projects are looking to cut down on the issues related to the traditional Proof-of-Work (PoW) approach used by Bitcoin and other major cryptocurrencies. Ever since Ethereum announced to move to the POS approach, there is increased interest around the sector as a valid alternative. This is fundamentally a paradigm shift happening in the industry and new players are eager to start with PoS from the start rather than starting with PoW and having to migrate to the former in the future.

Introducing PIVX on HolyTransaction Exchange

best PIVX wallets

Private Instant Verified Transaction (PIVX) is a cryptocurrency protocol with a native coin of the same name. The cryptocurrency can now be owned and staked on HolyTransaction, a popular cryptocurrency exchange with a strong resolve to provide the complete blockchain experience and capabilities to each user.

Normally, cryptocurrency exchanges have complete control over the funds of users and thus, they don’t have the flexibility to offer services like staking for more returns. Staking is basically a feature of the PoS mining approach in which users lock their funds for a limited time and then earn rewards on them like one does as interest on a bank account. This feature has been missing in the cryptocurrency industry for a while and a person’s total wealth doesn’t increase with time and rather remains stagnant.

PoW vs PoS

PoW uses a different approach in which energy-intensive computing machinery is used and participants are rewarded based on the sheer power of their dedicated resources. Many people believe this is unfair as new miners have to constantly dump new coins to remain afloat.

In PoS, on the other hand, a fixed amount is locked into place like a fixed deposit account and one earns mining dividends on it. This automatically creates a choked supply of the cryptocurrency for the investors and encourages users to lock more and more coins in place and earn staking rewards. This is one of the reasons why many smaller projects are looking to either migrate to PoS mining or start with it from the very beginning. It is less energy-intensive and arguably fairer than the PoW approach.

HolyTransaction’s Staking Services

HolyTransaction wallet is now offering various PoS coins on its official exchange platform. While coin exchangeability is often offered readily by exchanges, they don’t offer the full experience because of their limited functionalities.

With HolyTransaction, one can not only own these new up-and-coming cryptocurrencies they can also have complete access to them in addition to having access to staking features.

PIVX Features

PIVX, exclusively available on HolyTransaction has the following key features:

  1. Privacy Protocol to help make anonymous transactions.
  2. Fast network and transaction times.
  3. Low Fees
  4. Energy efficiency due to the use of the PoS system
  5. Community-based development and future roadmap-based approach.

The current market capitalisation of PIVX is around $30 million with a price of $0.5. The total number of coins in circulation is 56,781,166.

Visit the official HolyTransaction exchange to buy/trade/swap and stake cryptocurrencies.

Disclaimer: This is a paid press release. Readers should do their own due diligence before taking any actions related to any company, product or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product or service mentioned in this press release. 

Press Releases

South African Users Can Now Mine RENEC Token for Free on Remitano

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Mine RENEC

Global peer-to-peer crypto exchange Remitano is currently developing its native token, RENEC, to improve the quality of services delivered to customers, reduce transaction fees and ensure secure and swift transactions. While Remitano Network is still in the development phase, Remitano has provided an amazing opportunity for old and new Remitano users in South Africa to earn FREE RENEC via a mining program.

What is RENEC?

RENEC is an abbreviation of Remitano Network Coin. It is the token of the Remitano network, a blockchain designed to facilitate quick transactions at a reduced fee, a fast decentralized exchange with efficient escrow in place. The launch of the RENEC token was announced on June 30th, 2021.

What makes RENEC different?

Remitano Network is not a single blockchain, rather it is a set of blockchains. The initial network will be a simple value transfer one, similar to Bitcoin, Litecoin but with faster block time and more efficient consensus protocol. At this stage, RENEC will be called Remitano Electronic Cash.

RENEC will also be the base currency for the Token Decentralized Exchange and the decentralized fiat-token escrow that will be built on the Remitano Network. With RENEC, crypto swap and P2P trading fees will become cheaper.

Remitano commits to deliver the first 3 products for the Remitano Network as follows:

1. Low fee decentralized P2P electronic cash with Multisig capability

2. Low fee decentralized tokens exchange

3. Low fee decentralized escrow service

After that, remitano.com will work closely with the community in order to build other blockchain products.

The Remitano Network is designed to be scalable, therefore, new products will be built on it, consequently increasing the value of RENEC.

Check out the Official RENEC whitepaper to learn more about this token.

How to own RENEC?

Because Remitano holds its investors and traders in high esteem while also reducing risk, Remitano will not hold any ICO for RENEC. It is different from other ICO’s where investors will have to pay ETH or BTC to secure a specific amount of the coin. Instead, RENEC will be given out freely to both new and old Remitano users in South Africa and other countries through mining.

For now, Remitano only allows mining through the Remitano mobile application. So you need to Install Remitano App and begin mining RENEC at the tap of a button.

4 easy steps to mine RENEC

1. Download the Remitano app on PlayStore and AppStore.

2. Register or log in to the app

3. From the list of menu that is displayed, click on “Mining RENEC”. This should take you to the mining page.

Mining Renec 3

4. Click on the “Mine RENEC” button to start mining

Mining Renec 2

Eventually, it will show the progress of your mining RENEC like this image:

Mining Renec

Users must have registered an account with Remitano and verified their phone number to be eligible to mine RENEC. Mining RENEC is not automated so once you already have the app you have to log in to your account every day to mine RENEC.

A user can mine up to 0.02 RENEC per hour depending on the level of verification. Complete up to level 2 of verification to increase your mining power. You can also boost your RENEC rewards through Remitano referral. When your referrals mine successfully, you earn 20% of their mined RENEC.

Check out the definitive guide of the RENEC token.

Remitano will continue to build products on the RENEC network. This will give RENEC a lot of utility and usage. Also, the fact that Remitano is a very popular escrowed P2P cryptocurrency exchange in multiple countries across the world, with time, the value of RENEC is likely to increase which is why you should try and get the token now that it is free.

About Remitano

Remitano is one of the largest peer-to-peer (p2p) cryptocurrency trading platforms in the world, currently serving users in more than 30 countries. The platform provides an escrowed p2p crypto marketplace allowing users to buy bitcoin in South Africa and cryptocurrency easily and safely. Remitano is a market leader in the p2p platform space, featuring an intuitive and user-friendly interface, 24/7 customer support, and boasts some of the lowest fees in the industry.

Got Questions?

Reach out to Remitano via:

E-mail: marketing@remitano.com 

Socials: Facebook, Twitter, Instagram

Disclaimer: This is a press release. Readers should do their own due diligence before taking any actions related to any company, product, or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product, or service mentioned in this post. 

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Press Releases

BC.GAME Achieves Major Crypto Milestone! Converts License Into NFT

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BC.GAME

August 28, 2021 – We have fantastic news to share with you today! BC.GAME just added another feather to their cap! BC.GAME is now the proud owner of the much-awaited Curacao License!

LicenseCuracao Interactive Licensing N.V.(CIL)  is one of the top four most popular globally acknowledged casino licenses! In addition, Curacao Interactive Licensing N.V.(CIL) is one of the four master operators who received oversight roles from the Curacao government. The other three are E-Gaming (N.V. 1668/JAZ), Antillephone (N.V. 8048/JAZ), and Gaming N.V. (365/JAZ).

Curacao has an excellent reputation for having a trustworthy, responsible, and stringent licensing protocol. Having a Curacao license means adhering to all rules and complying with all applicable regulations!

In easy terms, it means BC.GAME will have a better standing with other companies and partners in the crypto gaming industry! This further strengthens the company’s beliefs of providing complete security and an optimal & provably fair gaming experience to their users! 

A Curacao license opens up more significant avenues for a crypto gaming platform! This further makes it possible for BC.GAME to provide their players with better games, bigger rewards, highly recognized providers, easier integration of new currencies, to name a few!

For you, our dear community, it means a better and more trustworthy platform with a great gaming experience and a wide variety of games to choose from!

Obtaining the Curacao License helps BC.GAME attain a recognized standing in the global market and significantly strengthens its position as one of the Best Crypto Casinos! You can find the original company license here.

As the first-ever casino to support Bitcoin Lightning Network; BC.GAME is determined to achieve a globally acclaimed compliance standing! But all in good time as this is just the beginning!

For security, the license was uploaded to the decentralized storage blockchain, the IPFS, and minted into an NFT compliant with the EC-721 standard before being transferred to BC.GAME’s ENS bcgame.eth account.

The online gambling platform’s decision to secure the CIL sub-license in the IPFS before minting it as an NFT shows the flexibility and possibilities of blockchain, which BC.GAME is amongst the first ones to achieve!

All users, including regulators worldwide, can now view the license, which is an efficiency win, considering how governments have stepped up, shifting their muzzles to crypto entities.

BC.GAME would like to extend their heartfelt gratitude to each of their amazing players who stood by them and pushed them to reach greater heights with each achievement!

BCGAME

The company further mentions, “Thank You for trusting us and providing your unwavering support to BC.GAME! We are because of you! Thank You ! We aim to provide our players with the best crypto casino experience full of huge winnings, fun, and good times! But, as we always say, Don’t Trust, Verify It.

Once again, we thank you, dear players, for constantly pushing us to be the Best!”

And to all the new users, they say: “Welcome! Become a part of the most rapidly growing crypto gaming community and have an experience like no other!”

Congratulations to all, and we wish you a super lucky winning time!🍻🍻  Join BC.GAME now!

Disclaimer: This is a press release. Readers should do their own due diligence before taking any actions related to any company, product, or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product, or service mentioned in this post. 

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Press Releases

Stake Your ETH (8.55% APR) and Reinvest Locked Funds

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Stake Your ETH

Are you tired of 0% interest on your fiat currency savings? Join the most significant cryptocurrency upgrade and earn up to 8.55% annualized reward rate (APR) for your deposit.

Ethereum 2.0 upgrade is the next big thing in crypto. The second-largest cryptocurrency is migrating from the energy-consuming proof-of-work (PoW) to a much more efficient proof-of-stake (PoS). Under PoS, you lock funds used for validating transactions, and you earn interest rates as a reward.

You can stake your ETH, become a validator, and earn high interest on your deposit. Holding ETH this year might be a good idea, as analysts expect the Ether price to soar in case of a successful upgrade. Staking is becoming more and more popular as validators can earn up to 8.55% APR. No wonder over $13 bln worth of ETH has been staked as ETH 2.0 already.

However, not everyone can run a validator node. You need 32 ETH at minimum (over $88k), deep knowledge of the Ethereum network, and your infrastructure.

It’s much easier to join SimpleFX Stake&Trade. It’s a unique staking pool service, where you can invest the frozen funds. Stake your ETH today. The earlier you do it, the higher the reward.

Here’s what you get with SimpleFX Stake&Trade:

  • No fees and no minimum deposits
  • Stable Interest Earnings from your ETH deposit
  • ETH 2.0 offers a high APR
  • Profit from the rising Ethereum price
  • Use the staked funds for trading.

Invest your staked coins. Trade stocks, forex, gold, crypto. Hedge your ETH 2.0 funds with bright leveraged shorts. Staking your Ether, you make a profit while helping the ETH community secure the network and run a historic cryptocurrency upgrade.

200-times cheaper than traditional Ethereum transfers

Tired of paying high fees for your BTC or ETH transfers? We’ve got you covered! Our engineers have just integrated Binance Smart Chain (BSC) payments for ten new cryptocurrencies.

Open the following accounts and enjoy BSC payments that cost $0.25 per transaction instead of $50 using traditional Ethereum ETC20 tokens:

BTC – Bitcoin

ETH – Ethereum

LINK – Chainlink

LTC – Litecoin

BCH – Bitcoin Cash

ZEC – Zcash

ETC – Ethereum Classic

DAI – Dai

DOT – Polkadot

XRP – Ripple

BAND – Band Protocol

XTZ – Tezos

ONT – Ontology

ADA – Cardano

ATOM – Cosmos

YFII – yearn.finance

EOS – Eos

The transaction cost is very affordable. Here are the SimpleFX payments time and fees estimations for BSC and ETH Networks for May 2021:

BEP-20

ETC-20

Deposit

free

free

USDT Withdrawal

$0.25

$50

Deposit confirmation time

1 min

15 min

Binance is one of the significant cryptocurrency exchanges, and they are developing their payments ecosystem to help their customers make cheaper and faster transfers.

About SimpleFX

SimpleFXSimpleFX is a renowned trading app that has been in business since 2014. Was one of the first brokers offering cryptocurrency accounts. You can sign up for Bitcoin, Ethereum, Binance Coin accounts with just an email.

The broker’s agile team is improving its tools constantly. Recently they have created a native HarmonyOS app for Huawei users.

SimpleFX’s purpose is to provide the easiest way to trade globally. SimpleFX is mobile-first, but you can use the same app across all devices. Trade with SimpleFX WebTrader, native iOS, Android, or Huawei app or MetaTrader4.

Their team is always up to date with the newest cryptocurrency trend. They offer the lowest transfer fees available; that’s why they have recently introduced Binance Coin, Binance USD, and the fastest and most economical Binance Smart Chain.

If you’d like to trade a stock or any other asset they still don’t have in their offer, give them a shout, and chances are they are already working on it; if not, they will include your proposition in the products roadmap.

Wall Street has zero control over them. Sign up with an email address, make a deposit, and cash in profits.

Using just your email address, you can also become a SimpleFX affiliate. You don’t need to deposit a single cent to start earning lifetime revenue share (up to 30%) from your referral links.

Sign up to SimpleFX with an email, give it a try, and ride the ever-exciting global financial markets.

Here’s why SFX is the best trading app:

  • no ID verification for cryptocurrency accounts. Sign up with an e-mail
  • Invest Bitcoin, Ethereum, Tether, Binance Coin, and more (22 cryptocurrency accounts)
  • No minimum deposits
  • No fees
  • Up to 50x leverage on stocks $1,000 depo = $50,000
  • Up to 500x leverage on Forex $1,000 depo = $50,000
  • Reputable – over seven years in the market
  • Global reach – check out for your local currency (over 20 fiat currencies)
  • Great support English, Spanish, Portuguese and more (probably in your language)
  • SimpleFX is independent and not controlled by Wall Street
  • Active development team willing to add new features especially for you
  • Frequently updated WebTrader (working in every browser), native iOS and Android apps
  • The most efficient cryptocurrency payments. Binance Smart Chain (BEP-20) fast transfers with super low fees (100 times lower than Ethereum ERC-20)
  • Stake & Trade – earn 8.55% annual interest on your ETH 2.0 deposit. Trade with your frozen money.
Disclaimer: This is a press release. Readers should do their own due diligence before taking any actions related to any company, product, or service mentioned in this article. BitcoinAfrica.io is not responsible, directly or indirectly, for any loss or damage caused by or in connection with the use of or reliance on any content, product, or service mentioned in this post. 

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