Willem Petzer: Don't miss the Stream tonight at 8 pm! I am talking to Gareth Grobler, CEO of the Ice3X crypto exchange, on how to buy Bitcoin to act as an insurance policy against the falling South African Economy and Rand currency. Educate yourself here:
Good day. I used the exchange platform iCE3x to exchange BTC for Monero, and this happened. I deposited .0135152 BTC and exchanged all of it for XMR. As it stands, .0135152 BTC is valued at approximately $158. And 1 XMR is valued at approximately $90 (or $80). So I should easily have gotten at least 1 Monero (XMR) for my .0135152 BTC, right? But after exchanging, I only have 0.61097875 XMR in my accounts! Remember, 1 XMR is about $80 minimum, but out of my $158 (this number is accurate) in BTC, I did not even get a single XMR. I know exchange rates can vary, but this is plain unfair. As a matter of fact -- I had to use a different exchange platform to convert my BTC into XMR (because the S.M.S. verification to withdraw wasn't working), and I really did get just about the accurately projected 1.66038982 XMR for my 0.0135152 BTC. So as it stands, I deposited about $158 in Bitcoin, but exchanged for XMR, and didn't even get $80 in XMR back. They didn't do jack to help me but try to lecture me about fluctuations. T.L., D.R. -- Never use iCE3x. Never let anyone use iCE3x. They are a real scam. I'm gonna take my severely low XMR from there and never talk to them again. You have been warned.
Singapore's Message to Crypto Derivative Traders +Crypto News
Singapore’s financial regulator has proposed green-lighting crypto-token derivatives to list and trade on approved domestic exchanges, Bloomberg reported. Under the proposal, trading of derivatives on common cryptocurrencies such as Bitcoin and Ether will be subject to the Securities and Futures Act, it added.
Fidelity Digital Assets has won a New York trading license from the state’s financial regulator, reports Reuters (via the New York Times). The company has targeted the traditional investment sector with a range of cryptocurrency-related products since its inception last year. Fidelity said, per the same news agency, “We are seeing strong demand and greater diversity of client types. There are more traditional investors. When we started it was crypto funds and hedge funds.”
Grayscale, the operator of the public Grayscale Bitcoin Trust fund, has filed with the American Securities and Exchange Commission (SEC). If Grayscale is successful, it will become the first cryptocurrency fund ever to report to the financial regulator. Per a blog post, the company says that filing could help Grayscale reach new investors – with many wary of putting their money into unregulated trusts.
The Spanish financial regulator the National Securities Market Commission (known locally as CNMV) has added four cryptocurrency-related companies to its blacklist, per Criptonoticias. The CNMV says that the companies, Alycoin, FXTV, Terra Finance and Aurum Pro have failed to register with the authorities and are thus “operating illegally.” The regulator has warned investors “not to conduct transactions” with the companies, which, it says, fail to meet its requirements.
The Venezuelan government says its Petro token’s coverage currently comprises 2,700 “affiliated businesses.” Per Criptopassion, Nicolás Maduro, the president of the country, recently announced that he expected that figure to “double in the coming months,” as the country continues its “crypto-economy” drive.
Edith Yeung of Proof of Capital told CNBC that the Chinese government has been "really thoughtful" about the digital currency electronic payment framework and its rollout. She says it will "definitely" be deployed within the next six to 12 months.
Storj Labs, which operates a beta storage service for developers, businesses and consumers, announced its Beta 2 release and pricing, taking aim at Amazon's AWS S3 cloud service with what it says is a more cost-effective and resilient approach.
Salesforce, a major provider of CRM (customer relationship management) solutions, said that Italian super car manufacturer Automobili Lamborghini is using Salesforce Blockchain to authenticate heritage Lamborghini cars.
The South Korean government health agency, the National Health Insurance Service, wants to launch a blockchain-powered medical insurance ID platform. The service’s recently appointed head says he wants to launch a mobile health insurance card that will do away with current paper-based solutions. The service says it “envisions a system” that makes use of blockchain technology, although it has not yet devised a “specific plan of action,” reports KMedInfo.
Dong-gu, a large neighborhood in the east of Busan, South Korea’s second-largest city, has expanded the reach of its new stablecoin, reports CJ Hello. The neighborhood has signed a deal with Medifun, a blockchain-powered healthcare provider that is headquartered in the city. The agreement will allow residents to pay medical bills and other expenses using Dong-gu’s e-BaguPay tokens – and says that foreign tourists will also be able to make use of the stablecoin.
South African commercial bank FirstRand Bank (FNB) has closed the bank accounts of a number of “major crypto exchanges,” according to media outlet MyBroadband. The media outlet says it has seen a letter from the bank stating that it has “risk appetite” concerns about cryptocurrencies, and will refuse to work with the exchanges in question, including VALR, Luno and ICE3X. However, the letter reportedly states that FNB will reconsider its position if the government provides regulatory clarity on crypto-related matters.
Member of the Libra Association, Bison Trails, an infrastructure platform for a number of protocols and blockchains, said that they partnered with Blockchain Capital leading a USD 25.5 million Series A investment in Bison Trails, with participation of other investors also. This funding will enable Bison Trails to continue to scale their team and technology platform, the company said.
iSTOX, a security token platform, said it has secured USD 5 million in funding from Japan-based Tokai Tokyo Financial Holdings (Tokai) via Singapore subsidiary, Tokai Tokyo Global Investments.
A major trading platform in South Africa has added support for Bitcoin and Ethereum
One leading financial companies of South Africa Purple Group declared addition Bitcoin and Ethereum on the platform of GT247.com, giving to the users possibility of purchase these two largest on capitalization cryptocurrencies after fiat. About it reports local edition of Business Day. About beginning support the BTC and ETH made decision in the light of “freight from the side clients” and notable yet and because during many years Purple Group conducted fully successful trade activity and without cryptocurrencies. Addition possibility purchase Bitcoin and Ethereum for the South African rand it is possible thus to consider a large enough event. Besides it, users got possibility of opening short positions on BTC and ETH, that, having regard to current status of the market, also can become an attractive option. We will mark that in South Africa there is strong growth to Bitcoin and other cryptocurrencies. The residents of the country can buy them on local exchanges as though Luno and Ice3x or through the regional offices large international brokers, for example, Saxo Bank.
“We look after large involved from the side of the international banks and exchanges in the questions of adjusting cryptocurrencies. I suspect, in the future they want to see them as a legal class assets”, – a trade specialist Purple Group said Barry Dumas.
He considers also, that is signs that a cryptocurrency market begins to be stabilized.
“We will see volatility yet, but not on those levels, that last year”, – added Dumas.
We will remind, in May intention to start an own cryptocurrency exchange was declared by a being based in Johannesburg investment company Sygnia Ltd. It is expected that it will happen in the third quarter in 2018. Join our Telegram channel https://t.me/blockchaininvestio
Hi, I'm from https://ice3x.com/ We're South Africa based and the only Litecoin exchange on the continent. At the moment we're raising money for “animal warrior” Suzette Kotze. She runs an animal shelter and came begging for our help. Full Details of the appeal are here: https://ice3x.co.za/stilfontein-spca/ Some of the pictures of abused dogs she sent us were horrifying and her cry for help was heart-breaking. Basically, if she doesn't raise enough she is going to have to shut down. You can donate BTC or LTC directly to her. This will be the first in a series of pushes we lead under the heading “Resources” for local Africa charitable drives. This is part of a broader effort by ice3x.com to build the reputation of Bitcoin and Litecoin in Africa. Hopefully you can give Litecoin generously. Let me know if you have any questions. Cheers. *(In the words of Sir Paul McCartney: “You can judge a man’s true character by the way he treats his fellow animals.”)
ICE3X is a South African bitcoin exchange with a unique fee structure: it doesn’t charge high fees on deposits or withdrawals (deposits are free), but it charges relatively high fees on trades. However, ICE3X is one of the few exchanges where you can access good liquidity in the ZAR and NGN over bitcoin pairs – so the fees are still less than you would pay to transfer your African fiats ... 10 Bitcoin Trading Tips. Use a reputable exchange (here is how to spot a scam) NEVER store your bitcoin on an exchange or custodial wallet (if you don’t know what this is, do not buy bitcoin; not at least until you do – see our “Storing Cryptocurrency” category) Do NOT buy or invest simply because you heard someone else made money iCE3 (also known as iceCUBED exchange or iceCUBED bitcoin exchange, and formerly iCE 3 X) is a cryptocurrency exchange from South Africa. To our knowledge, iCE3 are US-investor friendly meaning that they do not prohibit US-investors from trading. US-investors should as always still do their own independent assessment of any problems arising from their residency or citizenship. iCE3 also states ... Start exchanging Bitcoin and other Cryptocurrency assets on our Award Winning Platform. Start Now. Trade Shares, Indices, Forex and Commodities with our CFD Service . Start Trading Now. Buy and Trade Crypto Currencies With our Crypto Exchange . Start Trade Now. Trade With a Talented Account Manager . Start Trading Now. Buy and Sell with ICEX. Your journey to Exchange with us is simple. Follow ... Rand to Bitcoin Rand to Litecoin Rand to Ethereum API Night mode. Close Menu. Blog Help Free Tokens Quick Buy Login Register. Login. Email. Password. LOGIN. Resend ...
Advanced Bitcoin Trading Exchange in Africa - Ice3X
For new beginner's , In this video, I will show you how to trade or buy Bitcoin in South Africa with ice3x.com cryptocurrency exchange program. Sign up here:... Starting out, venturing into a list of "how to"- video's for Digital (sorry, Crypto-) Currencies... SUBSCRIBE to my channel to get a Trading Fee DISCOUNT (enquire if interested / simply subscribe ... Обзор и описание криптобиржи ICE3X. How to buy Bitcoin and other cryptocurrencies with Rands. Also how to trade Bitcoin and other cryptocurrencies on ICE3X. ICE3X is a one stop shop for everything you need about cryptocurrencies in ... #registration #bitcoin #cryptocurrency How to register and trade bitcoin on the iCE3X.com bitcoin exchange in South Africa. Buy and sell bitcoins on the iCE3...