HolyTransaction Trade: opinions and news
HolyTransaction Trade is our new service to allow you to buy and sell your Bitcoin with low fees and instant conversion.
HolyTransaction Trade is a virtual exchange for users that want to convert their digital currency into fiat currency and vice versa, through Halcash ATMs, bank transfer, Bitcoin virtual credit card and more options available worldwide.
Click here to read more about HolyTransaction Trade and start converting from/to your favorite cryptocurrency.
We launched this service a few weeks ago and now we want to share with you a few articles written by magazines from all around the world about HolyTransaction Trade.
HolyTransaction Trade on magazine
We received a widespread of our press releases and news in Asia, America and Europe and we cannot be happier for the support we received in the latest days.
As you might know, we had a few issues during 2016, but this is a new year: all problems are disappeared and we are stronger than ever with a new service and more strength to improve our work and your experience with us.
Click on the image below to watch a recent video published on YouTube by the Russian KCN.
Also, please click on the images below to the read the full press release published on the major magazines about Bitcoin and the Blockchain, including Cointelegraph Espana, CryptoCoin News, Bitcoin.com, and more…
Open your free digital wallet here to store your cryptocurrencies in a safe place.
How to Store Bitcoin: Easy Multicurrency Wallet
If you are a newbie, maybe you are asking yourself the following question: how to store Bitcoin? Which is the safer and cheapest wallet on the web? Why should I open a multicurrency wallet?
Well, today I want to answer people who are trying to start using Bitcoin and cryptocurrencies in general.
First of all, wallet stores a private key that you need to access a bitcoin address for storing and spending your digital currencies.
Bitcoin is a distributed and revolutionary method of payment also defined as Internet of Money as it is a virtual currency without any physical attribution.
So, how to store Bitcoin? We store fiat cash in a physical wallet and Bitcoin works in a similar way, as you will need a virtual wallet.
As well as Euro or Dollar are physical and should be stored in a physical wallet, so bitcoin are virtual and shall be kept in an equally virtual wallet.
If I have to be more specific, you don’t technically store bitcoin anywhere. What you store is the secure digital key you need to have in order to access your public bitcoin addresses and execute transactions.
How to store Bitcoin in a Web wallet
HolyTransaction is a web wallet where you can store your private keys online, on a computer, and connected to the Internet, of course.
One of the main advantages of a web wallet is that you can access them from anywhere and on any device you are using.
Security and Privacy
To create your web wallet you just have to enter your email address. You don’t need to have a bank account or send your ID card, so you can set up it in just one minute.
One way to protect your wallet is encryptit it with a strong password. This will make it difficult to access to your funds.
Also, you can use a two factor authentication code. In this case you should download a free app called “Google Authenticator” on your mobile phone and scan the QR code obtained. Then everytime you need to execute a transaction you’ll have to enter the two-factor authentication code. And, of course, this will make your wallet safer.
Multicurrency Wallet
A Multicurrency wallet is a virtual wallet where you can store different kinds of digital currencies within the same place.
If you have multiple cryptocurrencies, you typically have to manage multiple wallets for each one. This could be a time consuming task. With HolyTransaction, since it supports several digital currencies, you don’t have to manage a few wallets and you can just log into one wallet and toggle between them in one user interface, making the task much easier.
So, with just one registration and only one password to remember, you can store not only Bitcoin but also the other major cryptocurrencies such as Ethereum, Zcash, Dash, TetherUS, Monero and Dai Stablecoin.
Open your free digital wallet here to store your cryptocurrencies in a safe place.
Change Bitcoin Euro: how to sell crypto in Europe
People who decide to invest in crypto often have to change Bitcoin Euro, but the main problem is always the same: where? which platform should I use in order to have low fees and instant conversion?
We at HolyTransaction have found a solution for these issues and we have launched HolyTransaction Trade, an instant exchange that allows you to change Bitcoin Euro in a few steps.
Through our new service you can instantly convert Bitcoin into Euro and vice versa, buying and selling your cryptocurrencies at any time.
We have a few options to do so: Bitcoin to Virtual Credit Card, Bank Transfer, and Halcash ATM ( the latest one option is available in Poland and Spain).
Or Bitcoin to EasyPay, TeleIngreso and PayNet if you live in Greece, Mexico or Spain.
Change Bitcoin Euro: step-by-step guide
By clicking on the links below you can read step-by-step guides to change your Bitcoin into Euro:
Also, if you don’t know exactly how a Bitcoin Virtual Credit Card works and which benefits it has, you can read the insightful article below to understand why you might need a virtual credit card to do shopping online.
Open your free digital wallet here to store your cryptocurrencies in a safe place.
Virtual Credit Card Bitcoin and its benefits
What is a Virtual Credit Card Bitcoin? How to create yours? And what are its major benefits?
Read the following article to receive all the answers you need to use and open your new Virtual Credit Card Bitcoin.
Virtual Credit Card Bitcoin: definition
First of all, a Virtual Credit Card Bitcoin is a unique credit card number generated to settle a specific transaction.
Of course, it can be filled with Bitcoin, so you can convert your cryptocurrency into euro to buy everything you need online.
So, it is not physical, but just a credit card number generated electronically via web.
5 top Benefits
Virtual Credit Cards Bitcoin are available for years, but many continue to ask: why should I use them?
Here a list of Virtual Credit Card Bitcoin benefits:
- Security: Typically a virtual credit card number is issued for the exact amount of the transaction (the same system of a check), reducing the possibility of fraud. The specific credit card number generated becomes invalid after the transaction is complete.
- Control: You can easily check all spending parametres. Your Virtual Credit Card can only contain 250 EUR.
- Low Fees: when you create a virtual credit card the 2% from the total value will be designated to provider fees.
- Versatility: you can use your Virtual Credit Card on every single e-commerce, website and platform where VISA is accepted. Its is also a simple way to convert and spend your Bitcoins.
- Easier Creation: To create your own Virtual Credit Card Bitcoin you just need to have 18+ years and an account on EntroPay.
HolyTransaction Trade
On the web you might find several services that allow you to create your own Credit Card, but only a few of them are really effective and safe.
To receive instantly your new credit card number in minutes, to have a good support and low fees, we suggest you to test our new platform HolyTransaction Trade
HolyTransaction Trade allows you to create your Virtual Credit Card Bitcoin in a very short time with only 2% of fees.
Click here to read a simple step-by-step guide to create your not physical credit card.
Open your free digital wallet here to store your cryptocurrencies in a safe place.
Cryptocurrencies 2016: Bitcoin Alternative charts
Today we want to talk about Cryptocurrencies 2016, as the just ended year has been very exciting for several digital currencies and not only for Bitcoin.
A lot of major open-source currencies, in fact, showed a good growth during 2016 and we hope to see significant expansion in 2017.
Below you’ll read charts of the excited cryptocurrencies 2016, during a period between December 27, 2015 to December 26, 2016.
Source: Coindesk.com
Bitcoin
Market Capitalization (Beginning of Year): $6,161,215,794
Market Capitalization (End of Year): $14,590,356,108
Price (Beginning of Year): $411.99
Price (End of Year): $908.17
Price (Annual High): $909.94
For sure Bitcoin is the king of cryptocurrencies 2016, if we talk about value.
It is the oldest blockchain-based asset as today (January 3rd) it celebrates its 8th anniversary: the genesis block was generated on January 3rd 2009.
While I’m writing of this article, Bitcoin price is still growing, surpassing the value of $1,000 for 1 BTC.
Bitcoin price and trading volume were supported by several global circumstances, including the Chinese yuan devaluation, the UK’s Brexit, and the election of a Donald Trump.
Ethereum
Market Capitalization (Beginning of Year): $80,339,474
Market Capitalization (End of Year): $638,041,577
Price (Beginning of Year): $2.83
Price (End of Year): $7.31
Price (Annual High): $19.59
2016 saw Ether, or the digital currencies that powers the Ethereum blockchain – become the best-performing currencies, with a more than 2,000% increase over the first six months of 2016.
The major reason for its instability was the DAO hack, the subsequent failure of the decentralized project, and the creation of ethereum classic. These factors led to a fall of nearly 50% of this altcoin value.
Anyway, Ethereum is the favorite network for possible FinTech permissioned distributed ledgers, enterprise software and Internet of Things applications, so 2017 could will probably show a capitalization increase for ether.
Litecoin
Market Capitalization (Beginning of Year): $149,142,004
Market Capitalization (End of Year): $212,469,870
Price (Beginning of Year): $3.41
Price (End of Year): $4.34
Price (Annual High): $5.55
One of the oldest bitcoin alternative, litecoin showed a stable valuation during 2016, closing $2 above its starting price for the year.
Dash
Market Capitalization (Beginning of Year): $16,081.586
Market Capitalization (End of Year): $70,675,107
Price (Beginning of Year): $2.64
Price (End of Year): $9.67
Price (Annual High): $14.42
In 2015, darkcoin decided to end its association with shadow businesses and the DarkNet by changing its name to Dash.
This re-branding seemed to work and Dash ended 2016 with pricing nearly three times, and a market capitalization close to four times.
Cryptocurrencies 2016 and their future
As we enter 2017, the future for cryptocurrencies seems bright, as the digital currency market will continue to progress and prove its worth as one of the top-performing commodities available today.
We at HolyTransaction are very happy to work with this top-rated cryptocurrencies, as our wallet can store Litecoin, Dash, Ethereum and Bitcoin within a unique login.
Needless to say, we are proud to have chosen the best and the most profitable cryptocurrencies for our multicurrency wallet you can open here for free.
Open your free digital wallet here to store your cryptocurrencies in a safe place.
Bitcoin in 2016: top news about the Blockchain
As the New Year’s Eve is coming, we decided to share with you the best moments of this year with an article about Bitcoin in 2016.
Involved in the best news about the distributed ledger technology, there are not only financial institutions and bank, but specially well-known companies related to countless sectors.
And his proves how the blockchain could be useful for a lots of use cases.
Microsoft and Bitcoin
For example, in 2016 Microsoft announced its involvement in blockchain projects related to security, identity management, and a tool for developers called Microsoft BaaS.
Also, the worldwide company decided to accept Bitcoin among its available methods of payment on its online shop.
IBM and Watson
IBM was another company who dedicated much effort in blockchain research and projects.
Earlier this year, IBM revealed its new blockchain cloud service for helping companies in developing and testing the distributed ledger.
Also, it announced its revolutionary project called Watson, that together with the distributed ledger are “two technologies that will rapidly change the way we live and work, and our clients in Asia Pacific are eager to lead the way in envisioning and creating that future,” explained Randy Walker, CEO at IBM for the Asian area.
Bitcoin in 2016: annual price high
Bitcoin in 2016 also reached its annual high; and as the year comes to the end, its price continues to test the $1,000 mark and it seeks to set a new three-year high.
HolyTransaction in News
You might now that our company had to face some issues earlier this year, but now we are strong than ever and we’re very happy to having developed a new virtual exchange platform called HolyTransaction Funding.
Thanks to this exchange you can buy and sell bitcoin worldwide with no registration required. This means you can instantly convert your digital currency into fiat currencies and vice versa, without sharing your personal data.
On HolyTransaction Trade you can also create a Bitcoin Virtual Credit Card to buy everything you want online.
Open your free digital wallet here to store your cryptocurrencies in a safe place.
France Bitcoin Tests by the Central Bank
France Bitcoin tests have been revealed by the French Central Bank last week.
The Banque de France published a press release on Friday where it talks about its technology tests for use in the management of SEPA Credit Identifiers.
According to the French central bank, one of the key participants in this project is the Caisse des Dépôts et Consignations, and the Paris-based startup called Labo Blockchain.
The project began in July 2016 and culminated in October with the creation of prototypes for creating and managing SEPA Credit Identifiers.
The central bank also explained how meetings were held with stakeholders as the project moved forward, indicating that more details about the project will be revealed in 2017.
France Bitcoin project and more central bank efforts
This is not the first time a central bank test the distributed ledger.
A few months ago, in fact, central banks in Japan, Sweden and Singapore launched similar projects.
Also, earlier this month, the US Federal Reserve published its first major research paper on the ledger you can read here.
Credits: Coindesk.com
Open your free digital wallet here to store your cryptocurrencies in a safe place.
Denmark Bitcoin: Digitalizing National Currency
Today I want to talk about the Denmark Bitcoin position and regulation.
Denmark is a place where its citizens relie on cash less than most other European countries, so it is thinking about digitalizing its national currency.
To do so, the Danish central bank wants to release its own digital currency based on a blockchain and it will be called e-krone.
Governor of the Danish central bank, Lars Rohde. commented that the government doesn’t want to print its own fiat currency in the future.
So Rohde is looking for outsourcing the production of Danish krone and wants to replace it with its independent financial system based on the distributed ledger technology: the e-krone.
In an interview conducted by Bloomberg, Rohde explained that the Danish central bank effort is not related to the blockchain technology or alternative fintech technologies:
“We’re not preoccupied with the technology because we know that issue well. Cash and notes are not an alternative to electronic payments. We went beyond that many years ago.”
Also, the most important problem the central bank is worried about is the anonymity of the e-krone.
At the moment, the Danish bank believes that the e-krone will have a serial number embedded onto its Blockchain, so the government will be able to track the currency thanks to a transparent ledger.
However, another issue about the anonymity of a currency are the predictable complaints by the Danish citizens who expect to be provided with financial freedom and privacy.
“All money held by Danes will eventually end up in the central bank in the event of a financial crisis, and we will indirectly end up doing a bailout because we become a creditor to all the banks.”
But the distributed ledger tech is not applicable to the concept of the Danish central bank, as structurally it cannot be established for the central bank as network moderator.
To read more news about Denmark Bitcoin position, click here.
Open your free digital wallet here to store your cryptocurrencies in a safe place.
Japan Bitcoin Regulation for 2017
Japan Bitcoin Regulation
Japan Bitcoin Regulation will take place in 2017 and it wants to drop an 8% sales tax on Bitcoin purchases.
This move will take effect in July 2017, according to a document published by CoinDesk.
Although the proposal has yet to be approved by senior Japanese government, an annual tax document written by the ruling Liberal Democratic Party and the Komeito party was revealed today. Thanks to this document now we know more details on the proposal suggested back in October by the Ministry of Finance and the Financial Services Agency.
The tax remains in place today.
If approved by the Cabinet, the plan will institute a period of grace in June 2017, with the tax exemption becoming official the following month.
The document just released is the result of discussions among government stakeholders first reported by the regional news service called Nikkei.
Local startups have already responded positively to this Japan Bitcoin regulation.
CEO of exchange service Quoine, Mike Kayamori, commented that the plan to drop the sales tax was expected, but it represents a good message to the cryptocurrency community.
Kayamori explained to CoinDesk:
“It’s a huge relief for us. Customers don’t have to pay tax for each transaction. Hope this becomes standard practice.”
This move follows a very busy year for Japan on the exchange front, as the government decided to request registration for all the companies that handle bitcoin sales within the Japanese country.
Discussions around exchange regulation began last year when government ministers tried to obtain information from exchange services.
Also, a deliberations took place last year because of the collapse of Mt Gox, a bitcoin exchange imploded in 2014, causing hundreds of millions of dollars lost by the exchange users.
Document originally shared by CoinDesk.com on Scribd. Unfortunately it is available only in Japanese language.
Open your free digital wallet here to store your cryptocurrencies in a safe place.
Russia Bitcoin recognized by tax authorities
The uncertainties about the relationship Russia Bitcoin were finally disappeared.
In an official document published a few days ago on November 29th Russia’s federal tax service expressed its new position regarding the legality of Bitcoin use and transactions.
In fact, the document finally explained that there is no legal prohibition of digital currencies in Russia.
Russia Bitcoin and uncertainty
For almost three years it was not clear if the Russian authorities wanted to ban or accept Bitcoin and introduce several penalties.
Somewhere during this period, the Russian ministry of finance commented about the possibility of a four years imprisonment introduction for people involved in the Bitcoin use.
Also, even bank officials sentenced to seven years in prison and banned from holding certain positions.
However, Russian authorities changed their idea and gave the ministry of finance a new directive to write a law on Bitcoin.
For Russia Bitcoin is a foreign currency
The federal tax service’s document affirms the legality of Bitcoin and indicates that all trading operations related to Bitcoin and any other digital currency are to be considered as foreign and external securities.
In fact, this document essentially defines the buying and selling of Bitcoin and other cryptocurrencies a monetary transaction.
Bitcoin for Money laundering and terrorism
However, the document also explained that Russian authorities will investigate about people who use Bitcoin for money laundering and terrorism.
Even if this calls for KYC and AML from exchanges is yet to be clarified by the Russian government as there are more interpretations that are yet to be communicated.
Source: Coindesk.com
Open your free digital wallet here to store your cryptocurrencies in a safe place.