Megacoin (MEC) One Day Volume Hits $4.00
Megacoin (CURRENCY:MEC) traded down 5% against the U.S. dollar during the twenty-four hour period ending at 11:00 AM Eastern on August 2nd. One Megacoin coin can currently be purchased for $0.0056 or 0.00000050 BTC on popular cryptocurrency exchanges including Cryptopia and CoinExchange. Megacoin has a market cap of $217,169.49 and $4.00 worth of Megacoin was traded on exchanges in the last 24 hours. During the last week, Megacoin has traded down 30.5% against the U.S. dollar.
Here is how other cryptocurrencies have performed during the last 24 hours:
Megacoin Coin Profile
MEC is a proof-of-work (PoW) coin that uses the Scrypt hashing algorithm. It was first traded on May 29th, 2013. Megacoin’s total supply is 38,979,537 coins. The official website for Megacoin is www.megacoin.eu. The Reddit community for Megacoin is /r/megacoin and the currency’s Github account can be viewed here. The official message board for Megacoin is megacointalk.org. Megacoin’s official Twitter account is @mega_coin and its Facebook page is accessible here.
Buying and Selling Megacoin
Megacoin can be purchased on these cryptocurrency exchanges: Cryptopia and CoinExchange. It is usually not currently possible to purchase alternative cryptocurrencies such as Megacoin directly using U.S. dollars. Investors seeking to trade Megacoin should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Megacoin using one of the exchanges listed above.
Receive News & Updates for Megacoin Daily – Enter your email address below to receive a concise daily summary of the latest news and updates for Megacoin and related cryptocurrencies with MarketBeat.com’s FREE CryptoBeat newsletter.
Author: Renee Jackson
Top 5 Safest ways to buy Cryptocurrency in India
Are you interested to buy bitcoin in India? Are you in search of the safest source? If yes, then you are in the right place.
With so many exchanges out there, finding the safest one can be overwhelming. Moreover, not all exchanges offer you robust privacy measures. Therefore, to make the process easier for you and help you find the right method to assure you, strong privacy mentioned below is the list of safest ways to buy cryptocurrency in India.
1. CoinSwitch Kuber:
CoinSwitch Kuber is a renowned trading platform with robust security features. It is secure, fast, and a reliable platform for buying and selling cryptocurrencies in India.
The distinguishing features of this platform include:
- Speedy INR to crypto exchange, crypto to INR trading, and crypto to crypto trading.
- Instant withdrawals and deposits.
- Ensures the best rate in the market.
Coinbase is one of the reliable trading platforms. The Coinbase application has around more than 30 million users. It is favorite among users because of its robust security features. It assures 98 percent protection to your digital assets.
The salient features of this platform include:
- User-friendly interface with real-time price widget and value of assets.
- Instant purchase option supporting all popular cryptocurrencies.
- Allows buy and sell of BTC, BCH, ETH, ETC, BAT, LTC, ZRX, USDC, and ZEC.
WazirX operates under the world’s largest crypto exchange, Binance.
It is boasts of following prominent features:
- The platform integrates the highest security protocols by implementing regular security audits.
- The platform is capable of executing millions of transactions in just a few seconds.
- Features advanced identity verification for speedy processing of KYC.
- Offers seamless experience with simple interface design.
- Compatible to be used on Web, Android, iOS, and Windows systems.
PayBito is a globally renowned trading platform. It supports all major cryptocurrencies for instant buy/sell.
The salient features of PayBito platform are:
- Integrates advanced features such as 2-factor authentication, BIP-32, GA, and Firebase.
- Offers multi-currency, multi-signature, and SegWit functionality.
- Open order book
- Features advanced security measures, including key encryption and robust wallet security.
- Triple layered segmented security system to mitigate the risk of a breach.
- Simple layout and user-friendly interface.
- Open order book trading for all users.
Unocoin is another trusted platform for buying, selling, and conversion of INR to bitcoin. The platform offers over-the-counter (OTC) trading facilities to help users trade in bulk.
Some of the prominent features of Unocoin are:
- Advanced security features such as AES-256 encryption for address-private key pairs.
- Offers 2-factor authentication for their UNODOX account.
- Several safe deposit locations to facilitate storage of encryption keys.
- Merchant gateway to enable e-commerce businesses to accept Bitcoins as payment.
All the options listed above are the safest ways to buy cryptocurrencies in India. They offer security through different aspects and assure users a seamless experience.
What is an ePassport? The introduction of biometric features in travel is based on agreements …
What is the exchange rate of USD (US Dollar) / HKD (Hong Kong Dollar) on Sunday August 2, 2020
Ready for the mid-market exchange rate of USD (US Dollar) / HKD (Hong Kong Dollar) for Sunday August 2, 2020?
The current rates for USD (US Dollar) / HKD (Hong Kong Dollar) are available in this article. As a top finance news site the Born2Invest team has analysed the latest forex market data to bring you live information that enables you to make the right forex trading call every day.
Sunday August 2, 2020 1 USD (US Dollar) is 7.75033 of HKD (Hong Kong Dollar) .
Remember to always trade using a reputable broker. It’s also possible to apply many forex concepts to cryptocurrency trading.
Forex trading is inherently risky and there are countless forex pairs to choose from. The only way to make a profit from forex trading is to understand how the market works. Luckily for you the Born2Invest forex team has collated some forex trading tips to get you started.
Forex trades are always made using currency pairs. Whenever you buy one currency you are selling another. In every pair there is a base currency, for example USD (US Dollar) and a quote currency, which would be HKD (Hong Kong Dollar).
The price of a currency pair represents the amount of quote currency, or HKD (Hong Kong Dollar), that you will need to spend in order to purchase a single unit of USD (US Dollar), the base currency. So using the current example you would need to spend 7.75033 of HKD (Hong Kong Dollar) in order to purchase 1 USD (US Dollar).
Forex pairs can be grouped into three main categories; the majors, the commodity currencies, and the cross currencies:
Cryptocurrency trading shares many similarities to forex trading. Specifically the concepts of currency pairs and high price volatility. That being said there are some key differences. Cryptocurrencies don’t operate like fiat currency and many are tied to a project or product. The crypto market is also highly unregulated, which makes it inherently risky compared to trading forex.
Additionally most cryptocurrency trades happen on exchanges. These are generally unregulated and come with a certain degree of risk that many investors would find unacceptable. One alternative is to trade using a CFD broker which allows crypto pairings, but this means you will not directly own and cryptocurrency you buy.