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How to Buy Altcoins | Beginner’s Guide

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How to Buy Altcoins | Beginner’s Guide

How to Buy Altcoins | Beginner’s Guide

Cryptocurrencies offer a wealth of ways to get involved in the market. At the time of writing, there are over 6,000 cryptocurrencies traded over 250 exchanges worldwide. New cryptocurrencies sprout every day as weaker cryptos lose favor and retire. The market is exploding. More and more investors, businesses, governments, and consumers are committing to the crypto gold rush.

As of September, BTC held over 70% of the total market cap of all cryptocurrencies. BTC is hugely popular, but it isn’t the only way to make money. Alternative coins, or ‘altcoins’ for short, are still a diverse and active part of the cryptocurrency market.

Getting Started with Altcoins

There are a ton of altcoins. These days, any tech-savvy programmer can whip up a white paper and an altcoin. Altcoins come in a staggering variety of flavors. Check out our blog post “Best Altcoins“, where we list our top 8 picks for 2020. How do you sift through the mounds of altcoins to find the hidden gem? This is no easy feat.

Part of what makes specific altcoins valuable – and enticing – is the function they offer beyond BTC. The market continues to experiment with different types of altcoins. Here are some of the popular altcoins by market cap.

Litecoin (LTC). Known as the silver to Bitcoin’s gold, LTC is an upgraded version of BTC. LTC has faster block processing speed, four times the supply of BTC, and a different hashing algorithm called Scrypt.

Ethereum (ETH). ETH is a very different crypto than BTC or LTC. Ethereum is a ledger technology that users can build programs (DApps) and smart contracts on. Like LTC, is also has a larger supply and faster block processing speed.

NEO (NEO). Similar to ETH, NEO is a platform that uses smart contracts and allows for DApps. However, this altcoin is backed by the Chinese government, uses a special proof-of-stake mechanism, and uses a special asset (NeoGas) to fuel its blockchain.

Ripple (XRP). XRP is primarily known as a digital payment network that hosts a cryptocurrency. The network is used for international money transfers. XRP is not mined and uses a different consensus mechanism than traditional cryptos like BTC.

How to Buy Altcoins: Step-by-Step

Buying many altcoins requires just a few steps beyond purchasing bitcoin. In this article, we recommend purchasing BTC and trading BTC for the desired altcoin. Many, if not most altcoins, should be paired with BTC on one of the exchanges. However, you don’t need to purchase cryptos through exchanges. Cryptos can be purchased either directly with another owner or over-the-counter (OTC). We recommend beginners use exchanges to protect from fraud.

Let’s get into the eight steps that will net you your shiny new altcoins.

Step 1: Determine the percentage of your crypto portfolio dedicated to altcoins

92% of blockchain projects have failed and had an average lifespan of 1.22 years. These are stark numbers. Altcoins are risky, but that doesn’t mean they aren’t worth investing in. It may be useful to divide your portfolio into risk layers, especially if you intend to speculate on uncommon or untried coins.

We strongly recommend you get a portfolio tracker to keep track of your coins.

Step 2: Research and find the best altcoin for you

There are many factors to consider when looking to purchase an altcoin. Do you want a reputable name? Should the altcoin be exclusively a cryptocurrency or can the altcoin live on a platform? This list can be endless, so look through the top altcoins, read up on different altcoin traits that appeal to you, and select a crypto.

A few important points to consider before committing:

  • Is the official website still working and is the subreddit of the altcoin alive?
  • Is there enough volume on at least one exchange to justify the purchase?
  • Is the altcoin supported by the wallet you have or will you need a new cryptocurrency wallet?
  • Can you actually make money on the crypto?

Step 3: Fiat money to digital money (or buy BTC)

Most altcoins can’t be purchased with USD. That means you’ll want to purchase Bitcoins and swap those for your preferred altcoin on the right exchange.

Some exchanges let you purchase BTC with a credit card directly on the exchange. This is an easy way to get started. It’s good to have a BTC wallet and a separate wallet for your altcoins (which we’ll cover later).

Make sure to check out our Coinbase alternatives articles where we review 7 different cryptocurrency exchanges.

Step 4: Choose an exchange

After purchasing BTC, you’ll need to find one or more exchanges that offer your altcoin. Coin.market hosts a list of the top currency exchanges, the “markets” or currency pairs these exchanges trade in, hourly trades, daily volume, and percent market share.

Unless you are a ninja cryptocurrency trader, steer clear of the less popular exchanges. More popular exchanges are more liquid. Higher liquidity means you’ll be able to buy altcoins quicker and closer to the market’s clearing price. Need a primer on liquidity?

Search the currency exchanges and do some research on exchanges that have your currency pair. Once you’ve settled on the best exchange, you’ll need to register.

Other important points to consider when selecting an exchange:

  1. Are they reputable?
  2. Have they been hacked before?
  3. Are the fees and rates reasonable?

Step 5: Find the currency pair

After completing registration, you’ll want to move some of your BTC to the exchange. Remember, you’re trading in currency pairs, so the BTC will be exchanged for your altcoin.

Make sure to look at the currency pair and how it has traded over the past week or month. Crypto markets are far from perfect, so there may be an optimal time to make the trade.

Step 6: Trade BTC for your chosen altcoin

When you are ready to make the trade, you’ll go to the exchange and place an order for your altcoin. If this is your first time on an exchange take some time to understand how to how orders work. Here’s a video of a trader talking about NEO, forecasting the market, examining the BTC-NEO pair, and creating an order.

Step 7: Move the altcoins into a wallet

After the purchase is complete your precious altcoins will live on the exchange. If you are buying to hold, it is now time to move the cryptos off the exchange and into a wallet.

Crypto wallets are safe and come in two types. Hot wallets are those that are connected to the internet, and live on the internet, on your desktop, or on your mobile. Cold wallets are wallets that aren’t connected to the internet and include hardware wallets and paper. If you want maximum protection, buy a new hardware wallet.

Step 8: Dream of Lambos

Congratulations, you’ve successfully speculated on the future of money. Hopefully, your digital asset appreciates, and you become fantastically rich. Don’t forget about us when you do.

Whichever altcoin you decide to buy, make sure to track it via Crypto Pro — the most private crypto portfolio tracker.

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Flexible Endoscopes Market Forecast 2022-2030

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Flexible Endoscopes Market Forecast 2022-2030

Flexible Endoscopes Market to Reach US$ 11.0 bn by 2031, driven by rapid advancement of flexible endoscope technology: Global Insight Services

New York, October 2022: According to a new research study by Global Insight Services (GIS), the global flexible endoscopes market is expected to grow rapidly over the next 10 years to reach a value of more than the US $ 11.0 billion by 2031.

Request Sample Pages of this Research Report: https://www.globalinsightservices.com/request-sample/GIS24302/

Flexible Endoscopes Market: Key Trends and Drivers

Rising awareness regarding the advantages of early-stage diagnosis is expected to amplify the flexible endoscopes industry share. The detection of chronic diseases such as cancer, for example, at the earliest stages can lead to effective treatment and the improvement of survival rate. Since cancer is the leading cause of mortality worldwide, accounting for over 10 million deaths in 2020, the need for medical equipment for early disease detection, including flexible endoscopes, will surge considerably.

Flexible Endoscopes Market: Restraints & Challenges

key challenge for the flexible endoscopes market is the need for regular maintenance and cleaning of the devices. Because flexible endoscopes are inserted into the body, they can come into contact with bodily fluids and other contaminants that can lead to infection. As a result, regular cleaning and maintenance of these devices is essential to ensure patient safety.

Flexible Endoscopes Market Report Findings https://www.globalinsightservices.com/reports/flexible-endoscopes-market/

The fiberscope segment is likely to hold a dominant flexible endoscopes market share and grow at a substantial CAGR during the forecast period.

Based on product, it is segmented into video endoscope and fiberscope categories. In 2021, fiberscope segment dominated the market and accounted for the largest revenue share in 2021. This is attributed to the The growing gastrointestinal abnormalities are driving the demand for flexible encodes in the global market. The number of diseases for which flexible endoscopy devices are used has increased considerably in recent years. Traditionally the significant segments of endoscopy application are gastrointestinal endoscopy and pulmonary endoscopy. The market analysis for the global flexible endoscopes market has predicted the growth of the pulmonary endoscopy segment to be at a CAGR of 6.8% during the forecast years.

The GI endoscopy segment is anticipated to hold a majority of the flexible endoscopes market size throughout the study period.

Based on the application spectrum, the flexible endoscopes market is divided into GI endoscopy, ENT endoscopy, urology, pulmonary endoscopy, and others. GI endoscopy segment surpassed significant market size in 2021. This is due to the increased burden of functional gastrointestinal diseases and the rising geriatric population across the globe. In addition, an increase in the number of upper gastrointestinal procedures performed and the growth in the adoption of endoscopes for the treatment and diagnosis of gastrointestinal diseases are also among the key factors driving the segment growth.

The ambulatory surgical centers (ASCs) segment is anticipated to hold a majority of the flexible endoscopes market size throughout the study period.

Based on end-user, it is segmented into hospitals, clinics, and ambulatory surgical centers. Among them, ambulatory surgical centers (ASCs) segment is anticipated to grow at the fastest CAGR during the forecast years. Increasing adoption of endoscopes in the ASCs/clinics for the early diagnosis and detection of several life-threatening diseases is supporting the segment growth. In addition, the introduction of keyhole endoscopic surgeries with minimal discomfort and faster recovery time also boosts the segment growth. Moreover, due to shorter stays, lower cost of procedures is further anticipated to augment the segment growth over the forecast years.

The Asia Pacific region is estimated to exhibit the highest growth rate during the flexible endoscopes market forecast period.

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. Asia Pacific is projected to be the fastest-growing regional market over the forecast period. This growth is owing to the presence of a large patient population pool suffering from functional gastrointestinal disorders. Some of the other factors contributing to the growth of the APAC regional market include the growing geriatric population and improving healthcare infrastructure. In addition, rapid economic development and increasing government healthcare investments are projected to attract foreign investments in this region. Moreover, the presence of key players in APAC is also fueling the adoption of endoscopes, which, in turn, supports the regional market growth.

Competitive Landscape

The global flexible endoscopes market report includes players such as Becton, Dickinson and Company, Boston Scientific Corporation, Endomed Systems, Fujifilm Corporation, Hoya Corporation (Pentax Medical), Karl Storz, Laborie Medical Technologies, Olympus Corporation, Richard Wolf GmbH, among others. In addition, major vendors are focused on developing smarter technologies for surface disinfections. For instance, in January 2021, Olympus Corp. acquired Quest Photonic Devices to strengthen its presence in the surgical endoscopy market

Recent Developments in the Flexible Endoscopes Market:

  • In November 2021, RoundTable Healthcare Partners (“RoundTable”), announced that its portfolio company, Healthcare Components Group (“HCG”), has acquired Endoscopy Development Company (“EDC”)
  • In November 2021, Karl Storz gained U.S. FDA clearance for the Flexible Intubation Video Endoscope, designed for endotracheal intubation, diagnostic and therapeutic procedures. This move elevated the firms presence in the global market, while expanding its reach to a wider patient pool.
  • In April 30, 2021 Olympus announced the addition to its U.S. bronchoscopy portfolio of the 510(k)-cleared H-SteriScope Single-Use Bronchoscopes, a line of five premium endoscopes for use in advanced diagnostic and therapeutic procedures. The introduction of the H-SteriScope portfolio has been a collaboration between Veran Medical Technologies, Inc., a wholly owned Olympus subsidiary, and Hunan Vathin Medical Instrument Co., Ltd.
  • In May 2020, Ambu launched New Single-Use Cystoscope for improved workflow and enhanced productivity benefits.

Flexible Endoscopes Market Report Coverage

  • The report offers a comprehensive quantitative as well as qualitative analysis of the current global flexible endoscopes market outlook and estimations from 2021 to 2031, which helps to recognize the prevalent opportunities.
  • A thorough analysis of market trends and restraints is provided.
  • Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
  • The forecasts in this report are made by examining the recent trends along with future flexible endoscopes market potential from 2021 to 2031 in terms of revenue.
  • Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the flexible endoscopes market are also analyzed.
  • Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global flexible endoscopes market.

Flexible Endoscopes Market Segments

By Product

  • Fiberscope
  • Video endoscope

By Application

  • GI Endoscopy
  • Pulmonary Endoscopy
  • ENT Endoscopy
  • Urology
  • Others

By End-user

  • Hospitals
  • Ambulatory Surgical Centers
  • Clinics

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Rest of World
    • Latin America
    • Middle East
    • Africa

Key Players

•            Becton, Dickinson and Company

•            Boston Scientific Corporation

•            Endomed Systems

•            Fujifilm Corporation

•            Hoya Corporation (Pentax Medical)

•            Karl Storz

•            Laborie Medical Technologies

•            Olympus Corporation

•            Richard Wolf GmbH

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Top Crypto Trading Software

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Top Crypto Trading Software

Top Crypto Trading Software

Whether you’re just getting started crypto trading or you’ve been at it for a while, there are many different crypto trading software out there that can help you. In this article, we’re going to take a look at some of the top ones, and give you an idea of what they do and why they may be useful to you.

CSCALP

Developed by a team with extensive experience in crypto scalp trading, Cscalp terminal aims to offer traders a number of new tools. Among these tools are a scalping terminal, a crypto screener, and a trader’s dairy.

The platform aims to provide traders with a variety of metrics and data points, allowing them to create strategies that will maximize their profits. It will also monitor daily coin volatility and alert users of new trade opportunities. In addition, CScalp team has developed a free cryptocurrency trading course and created a trader’s community in Telegram and TradingView where anyone can join and learn to trade crypto in the CScalp way.

TradeSanta

Designed for beginners and intermediate investors, TradeSanta is a cloud-based crypto trading software that simplifies the crypto trading process. TradeSanta’s user-friendly interface makes automated trading easier, and it is compatible with several major exchanges.

To start using TradeSanta, users must generate an API key and create a crypto trading account on a supported exchange. Once users have created their accounts, they can create new bots or connect their existing bots. The software will provide users with instructions on how to configure their bots.

After creating a new account, users can choose a trading pair and configure a crypto bot strategy. Users can also choose to configure their bots with one or two indicators. TradeSanta’s trading bots are capable of placing orders, which makes them a great asset for traders.

CoinRule

Founded in March 2018, Coinrule is a UK-based crypto trading software platform. It offers users the ability to develop trading rules and automate trades. It works with many popular exchanges. It also offers free trading signals and free wallet management. Its user experience is smooth.

The Coinrule platform is designed to make it easy to develop and test trading rules. Users can create their own trading strategies, as well as use pre-made strategies from the template library.

The platform also allows users to set up free demo accounts. This is useful for users who would like to test the platform before making a full investment. The platform also has a helpful live chat assistant feature.

Kraken

Founded in 2011 by Jesse Powell, Kraken is a US-based digital currency exchange. It offers trading in 55 virtual assets and seven fiat currencies.

Kraken allows customers to buy and sell digital assets at market rates. It also provides a variety of advanced features, including margin trading and derivative trading.

The main Kraken platform supports 55 cryptocurrencies, including popular cryptos like Ethereum, Ripple, and Monero. It also provides futures trading, as well as indices that track the overall direction of the digital currency market.

Kraken’s user-friendly interface is easy to navigate. You can also monitor your portfolio’s performance.

There are a few different funding methods available, including credit card deposits, and bank account purchases. The fees vary depending on the asset you trade and the method you choose to make a withdrawal.

Coinigy

Whether you are a new trader or an experienced investor, Coinigy can help you improve your portfolio management. This crypto trading platform offers advanced charting, trading, position management, and reporting tools.

Coinigy offers a free 30-day trial. After that, you may need to pay a small fee. The platform is supported by 45 crypto exchanges. The software uses 256-bit SSL encryption. In addition, Coinigy’s platform includes a knowledge base and 24*7 live chat support.

The platform offers a number of order types, including stop loss, limit order, OCO, and Ladders. It also allows users to import their transaction history. Users can also configure their charts to save layouts.

3Commas

Founded in 2017 by Yuriy Sorokin, 3Commas is an automated trading software provider that helps users generate profit without constantly monitoring the market. It offers trading bots that can execute both long and short trades. In addition to this, the software offers technical analysis tools, an academy and other free learning resources.

3Commas offers three types of automated trading bots. The smart trade feature allows users to purchase or sell crypto on multiple exchanges at the same time. The platform also includes a Trailing Stop Loss feature, which protects users from sudden drops in price.

The platform also features a dashboard, which provides users with a clear picture of the status of their trades. It also gives users access to advanced tools, including trading signals.

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Crypto Daily News: Why should you always update?

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Crypto Daily News: Why should you always update?

With so many different cryptocurrencies, it’s hard to know which one is right for you. If you’re looking for a cryptocurrency to invest in, you might be overwhelmed by all the information available. The good news is that you don’t need to do much research to find out what’s going on with the market.

There are many resources like crypto daily news available that can give you a quick snapshot of what’s going on in the cryptocurrency world nowadays. In this post, we’ll discuss why you should be up to date about crypto as an investor. So without any further ado, let’s get started;

Why is it important to check crypto-related news daily?

It is always important for investors to look at daily crypto news because it will be helpful to know whether your currency is up or down. If you don’t know what is happening in the crypto world, you won’t be able to make the right decisions. The crypto market is a very volatile one. You need to be aware of the changes in the market. You should be able to make the best decisions in the crypto market.

You can also find the latest price of your favourite cryptocurrency and see if it is rising or falling. You can check the latest crypto news to find out what other people think about your favourite currency. You can also learn about the latest news and the best ways to invest in cryptocurrencies. You can use these tips to ensure you are getting the best advice.

Advantages to Check Your Cryptocurrency News Daily

As we all know, cryptocurrencies are becoming more popular. Therefore, the price of Bitcoin has increased by over 3000% in the past year. Ethereum, the second most popular cryptocurrency, has seen a price increase of around 1600%. This increase in popularity is because these cryptocurrencies can be used for various things, from online shopping to sending money to friends and family.

If you check your cryptocurrency trading news daily, you will find yourself disappointed by the market and the news. Instead, try checking your news less often. This way, you will be able to make more informed decisions. However, it is recommended that you check your cryptocurrency news every day. You should be up-to-date on any changes in prices or new announcements in the cryptocurrency space.

Cryptocurrency News and the Future of Blockchain: An overview

The world of cryptocurrency is a rapidly changing landscape, and it’s important to stay on top of the latest news. The cryptocurrency space is still in its early days, and there are many different types of cryptocurrencies, each with its unique set of pros and cons. As a result, you must know what’s going on in the industry and how it will impact your business.

To stay up-to-date on the latest cryptocurrency news and trends, you should read crypto daily updates. The Crypto.daily.co.uk updates are one of the most popular and trusted sources for cryptocurrency news and analysis. It is one of the oldest and most quality cryptocurrency news sites in the UK. They also provide their readers with expert opinions from industry leaders and experts.

One of the best ways to keep up-to-date with all the latest cryptocurrency news is by reading cryptocurrency news sites and blogs. Many of them offer free content, so you don’t have to pay for the information.

Conclusion

The crypto market is always changing and developing. It’s important to keep up to date with the latest developments and trends so that you can stay ahead of the game. There are many crypto daily news sites that always update you with authentic news regarding crypto. However, you can always be on top of the latest news and developments in the crypto world.

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