BOXXPAY now offers all traders the opportunity to trade a wide range of the top ranked digital coins 24/7*. Today cryptocurrencies have become known to most people as a conventional and popular investment option. The main purpose of this new technology is to allow people to buy, trade, and invest without the need for banks or any other financial institution. Cryptocurrencies are highly volatile and can be profitable to any trader’s portfolio.
Cryptocurrencies are not physical coins they are electronic, a digital asset that remains as data. The technology behind the cryptocurrency controls a large part of its value which holds new technology on the secure way to identify and transfer money.
The first digital coin introduced was the Bitcoin and today it remains as the standard that all other coins compare themselves to. Following in its steps came Litecoin, so to date they stand as the top 2 highly valued coins on the market. There are several other coins also reaching a high-level market share such as Bitcoin and Bitcoin Cash, Dash, Ripple, Ethereum and Ethereum Classic.
You’ve heard about Initial Public Offerings (IPOs), which is when a company’s stock goes public. But today, we have something called ICOs – initial coin offerings. An ICO is where a cryptocurrency goes public for the first time. Today, we’re explaining everything you need to know about ICOs – and how they could make you rich.
What is an ICO?
An ICO, or initial coin offering, is a new phenomenon that has emerged from crowdfunding, cryptocurrency, and blockchain technologies. Also known as a “crowdsale”, an ICO is when a company releases its own cryptocurrency with the purpose of funding.
Typically, companies will release a pre-defined number of crypto-tokens (whatever their “unit” of currency may be), then sell those tokens to an intended audience.
During an ICO, companies usually exchange their cryptocurrency for Bitcoins. However, some ICOs involve the exchange of fiat money as well.
The end result of an ICO is similar to the end result of an IPO: the company gets capital it can use to continue growing its technology, while the public gets access to shares in the company. Now, both parties have an incentive to see the cryptocurrency grow.
ICO Rating System – Initial Coin Offering Ranking Factors Checklist
When January 1, 2017 finally found the calendar, less than 1% of the earth’s population knew what an I.C.O. meant, stood for, or represented. One might say outside of head hardened hodlers and crazy christened crypto community, that it was nearly a brand new term that stood for initial coin offering (obviously similar to the initial public offering).
Before we dive into our fortune favors the bold formulated ICO rating system, we have also assembled an initial coin offering calendar list below who share new, active and upcoming token sales for all major and deserving alternative cryptocurrency coins and projects.
Now, a little judicial justice needs to be brought to the forefront by bringing up the recent past history just to put everything into perspective. Jan 1, coinmarketcap.com was a mere $17.7M and now mid-Sept 2017 it has blossomed to over $127.7M.
In 9 quick months, that's a 7x growth to date (also BTC @ $1,000 USD compared to $4,000+ and ETH @ $8 USD compared to $300+ according to coinbase.com) and has many more advancements and agendas to be fulfilled in the future.
Now, it might be one of the fastest growing search terms of the entire year as Initial Coin Offering (spin off from Initial Public Offering) cryptocurrency projects have exploded, but the real keys to make sure you pinpoint before getting big eyed and gullible profitability hopefulness.
Buy/Sell Digital Currency:
One of the best parts about buying Bitcoins is that you can do it with 100% privacy. However, the only real way to privately buy Bitcoins is with cash or a cash deposit. Not all exchanges support this. It’s easy to find exchanges that accept bank transfers, credit card payments, debit card payments, and PayPal.
Most Bitcoin exchanges have no limits. If you have enough money, you can buy as much Bitcoin as you want. However, certain exchanges do have limits. If you’re working with an individual seller, then that individual may have lower limits than an exchange. Unless you’re buying more than, say, 25 Bitcoins, you shouldn’t have trouble with purchase limits.
How fast do you need to access your Bitcoins? Are you buying Bitcoins for a purchase today? Different exchanges give you access to your money at different speeds. The fastest way to get your Bitcoins is through a Bitcoin ATM. If you don’t want to use an ATM, then certain brokers offer instant buys through credit card, debit card, and bank transfers.