Service Details

About Bitcoin

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METAVERSTTRADE is eazy to use. Easy to fund. Easy to trade, It has the simplest interface of all and also has the fastest entry point into the market.

- Jeniffer Williams

Service Overview

Bitcoin Gold (BTG) is the second fork from Bitcoin (i.e. the second version to stem from Bitcoin’s source code). It retains Bitcoin’s transaction history, meaning that if you owned Bitcoin before the fork, you now own the equal amount of Bitcoin Gold. This cryptocurrency aims to introduce an alternative mining algorithm that is less susceptible to ASIC-based optimization, therefore allowing users to earn more with their computer cycles.

  • Ethereum - Ethereum (ETH) is more than just a currency – it’s like one giant computer housing many computers around the globe. Ethereum can respond to sophisticated requests. Its ability to store revolutionary computer programs, known as smart contracts, gives Ethereum an edge over Bitcoin and has attracted attention from banks around the world.
  • Litecoin - Litecoin (LTC) is similar to Bitcoin in many of its characteristics and is also one of the more veteran cryptocurrencies out there. However, there are two main differences between Litecoin and Bitcoin: Speed and amount. While it takes 10 minutes to create a Bitcoin block, Litecoin demands roughly 2.5 minutes to create a block – meaning 4 times the speed.
  • Ripple - Ripple (XRP) can be described as the next generation of payment networks. Originally set up to engage financial industry leaders, the digital currency has been a leading technology so far. This cryptocurrency exploded in 2017, going from $0.0063 to over $1.
  • EOS - The e-coin that is considered Ethereum’s biggest competitor. The EOS blockchain gained its fame because of the way it effectively records and secures transactions. It is similar to the Ethereum blockchain but faster, more scalable, and allows users to build decentralized applications more efficiently.

Cryptocurrencies allow traders to diversify their investment portfolio, as their price is mainly determined by demand and supply; Their value has a low correlation to national economies or political scenarios. Once Bitcoin surpassed the price of gold in 2017, US markets introduced 2 ETFs on Bitcoin and drew more and more institutional money into the world of cryptocurrencies. In 2017, Indian PM Narendra Modi has announced the gradual replacement of paper currency with electronic currency; In March 2018, the Marshall Islands announced that they would be introducing a cryptocurrency to replace US dollars as their main currency; other central banks are investigating the adoption of blockchain-like technologies… in short cryptocurrencies are probably here to stay. A growing number of crypto investors all over the world have already discovered the benefits:

Cryptocurrency trading allows traders to diversify their investment portfolio, as cryptocurrency price is mainly determined by market sentiment, demand and supply

One collateral result of the current distortion of markets, including of those in Eastern Europe which are flooded with large amounts of liquidity and where low interest rates are applied, is that many peoples started to turn to innovative schemes/platforms to place their money/savings. Moreover, the main cryptocurrency, bitcoin, was in bubble mode during 2017-2018. Its price increased from 700 US dollars at the beginning of 2017 to a peak of 19,666 US dollars, registered on December 17, 2017. It subsequently decreased to around 11,000 US dollars and then increased again to around 15,000 US dollars following severe warnings from regulators (such as China and South Korea) that such levels may not be sustainable and measures will be soon introduced. It is currently in the range of 3,500 – 5,000 US dollars.

  • Mortgages and cryptocurrencies - The direct correlation between cryptocurrencies and interest rates has been signaled many times by various people, such as the general manager with the Bank for International Settlements (BIS), the current governor of the Bank of England, the managing director of International Monetary Fund (IMF) and many others (from China, South Korea etc.).
  • Fat Protocols - This relationship between protocols and applications is reversed in the blockchain application stack. Value concentrates at the shared protocol layer and only a fraction of that value is distributed along at the applications layer. It’s a stack with “fat” protocols and “thin” applications.