Cryptocurrency has proven much more resilient than other traditional financial instruments during the economic downturn caused by the COVID-19 pandemic. Combined with a rapid increase in interest for DeFi (Decentralised Finance) and concerns over the potential impact of quantitative easing, the cryptocurrency market is now seeing a massive influx of people who are looking to grow their investments and protect their savings.
Godex provides a reliable and efficient exchange service for anyone who wishes to operate the cryptocurrency market within a safe and secure environment.
Brief history and ideology of Godex.io
The owners of Godex.io call themselves “industrialists”, describing their significant weight and experience in the crypto industry. Their in-depth knowledge of the market and the communication with the major players helped to shape the main principles of service and make it useful and more attractive for their ever-expanding list of clients.
The owners created a service they would want to use themselves: simple, safe, fast, and reliable. They became a “buyer persona”, the personalisation of an ideal service customer.
The development of Godex.io began with the gathering of business requirements. Numerous surveys show that there are three main criteria that cryptocurrency traders check for when selecting an exchange service that is right for them:
- Transaction Speed
- Service Reliability
Each user wants to get the money quickly and safely without unnecessary complications or overpaying. Godex.io was designed from the ground up to meet these expectations specifically.
Due to the very nature of cryptocurrency and its central ethos of privacy, Godex.io rejected the idea of collecting and storing the personal information of its clients. In this way, the service pays respect to a user’s right to financial confidentiality and secrecy. Moreover, this policy removes the risks related to hacker attacks and information leaks: No personal user data means no sensitive information can be obtained from the website.
What is Godex.io now?
Now, Godex.io is one of the fastest exchange services on the market – order execution time varies from 5 to 30 minutes. The time depends on the confirmation speed in a decentralised network: it takes longer for amounts of more than 1 BTC. The service reliability is based on the modern security protocols and physical protection for the servers. Finally, Godex.io tracks, accumulates, and analyses the rates from other leading exchanges and partners to form the best possible price for its clients.
For the real crypto enthusiasts out there, Godex.io offers more than 200 coins to exchange without limit. These options are for crypto traders who make money on the rate difference and require a large number of altcoins. Usually, the exchange services limit their offerings to the most popular and accessible coins – Bitcoin, Ethereum, Ripple. Godex.io understands that there are investment opportunities to be found in many altcoins, so be sure to check the full list on the website. All Godex users have the option to exchange any amount per transaction, and the number of daily transactions is also unlimited.
How does it work?
The exchange process is a simple one: the client chooses the exchange pair, then deposits the first coin, waits for a short time, and gets the second coin. Godex.io requires no registration, but the client should have their crypto wallet set up in advance. There are many online services for crypto wallets available, so setting one up won’t be a problem. Being able to use the service without registration shows that Godex.io values anonymity and does not collect personal data.
Without wasting money on advertising, Godex.io developed the partner program to benefit the platform while rewarding its users: a partner can earn extra money, and the service reaches the right target audience in the shortest possible way. This means that owners of popular crypto platforms, blogs, websites, etc. – can sign a partnership agreement and receive additional profit.
Currently, Godex.io provides its service for thousands of clients every day, completing more than 10,000 transactions daily. So, if you want to change one coin to another, try Godex.io and enjoy the fast transactions and the pleasant rates.
Godex.io – cryptocurrency exchange service that offers access to more than 200 coins. With no obligatory registration, optimal rates, fast business processes, and no exchange limits, Godex.io achieves a reputation for reliable exchange services among crypto traders and other players on the market.
Godex Website – https://godex.io/
Godex Affiliate Program – https://godex.io/affiliate-program
Twitter – https://twitter.com/Godex_io
Medium – https://medium.com/@account_94523
Reddit – https://www.reddit.com/user/Godex_io/
A senior BOJ official says the digital yen needs public support for it to become a reality.
According to the Bloomberg report, a senior Bank of Japan’s official said that there is no final decision has been made yet even after the announcement of testing to start next year. The official revealed that a lot depends on the public support for it to go ahead with its central bank-backed digital currency. Kazushige […]
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Japanese soccer star Keisuke Honda launches his own crypto
Crypto and blockchain matter for the global soccer community.
A Japanese professional soccer player is launching his own cryptocurrency to boost fan engagement.
Keisuke Honda, former Japan midfielder and currently a captain of the Brazilian professional league team Botafogo, has launched his own token to build new connections with his fans, Cointelegraph Japan reported on Oct. 22.
The so-called “KSK Honda Coin” was launched on Thursday via Rally.io, a blockchain platform for creating video streaming and gaming applications. The new coin is intended to enable fans to interact with Honda.
Holders of KSK Honda token will be able to get exclusive content from Honda as well as interact with the player via private channels on Discord. “We decided to create a social token to build new connections with our most loyal fans,” Honda said.
The world-known soccer player said that the new token will allow him to connect with fans in a more open manner, providing a 100% transparency in knowing who holds coins in the fan community.
The global soccer community is moving deeper into the crypto and blockchain industry in search of new ways of connecting stars with their fans.
On Oct. 15, a top soccer club in Russia’s Premier League — Zenit St. Petersburg — signed on to the blockchain-based gaming platform Sorare to issue collectible and tradeable digital cards. In September 2020, Italian professional sports club SS Lazio signed a multiyear deal with crypto trading platform StormGain, enabling new fan engagement options through crypto.
Grayscale invests $300m in a day to grow its crypto portfolio
Grayscale Investments continues to grow its cryptocurrency portfolio by adding $300 million in assets…
The post Grayscale invests $300m in a day to grow its crypto portfolio appeared first on Coin Journal.
Grayscale Investments continues to grow its cryptocurrency portfolio by adding $300 million in assets under management (AUM) in a day
Grayscale Investments revealed that it had added $300 million worth of cryptocurrencies to its digital assets portfolio over the past 24 hours and over $1 billion in the last week. This information was relayed by Grayscale CEO Barry Silbert via a tweet yesterday.
The crypto fund manager noted that it had $6.3 billion in AUM as of October 15. However, it has added $1 billion in cryptocurrencies over the past week, and the company now controls $7.3 billion worth of digital assets.
Silbert stated that the company “Added a cool $300 million in assets under management in one day. The additional sum brings the total assets held under management to $7.3 billion”.
The funds are held in the company’s trust for Bitcoin (BTC) and Ethereum (ETH), in addition to Grayscale’s digital large-cap fund. This latest development comes less than 48 hours after PayPal announced its entry into the cryptocurrency market, with Bitcoin surpassing the $13,000 mark afterwards.
Each Grayscale report is delayed by 24 hours, which means that this data refers to the previous day’s figure.
The cryptocurrency funds manager reported that its Litecoin (LTC) Trust recorded the highest growth since the last report. Grayscale reported that its LTC Trust increased by 7.5%, while their Zcash (ZEC) Trust increased by more than 6% over the past 24 hours. Grayscale also has extensive holdings in other cryptocurrencies such as Ripple (XRP), Ethereum Classic (ETC), Bitcoin Cash (BCH), Horizen (ZEN) and Stellar Lumens (XLM).
Grayscale might be increasing its cryptocurrency holdings after raising massive funds in the third quarter of the year. Grayscale’s financial report for Q3 2020 revealed that it had bought over $1 billion in investment across all its cryptocurrency trusts. This year, Grayscale has raised $2.4 billion, which is more than twice the total amount they obtained for the years 2013 – 2019.
The investment firm revealed that 81% of investment in the third quarter came from institutional investors, while another 57% came from people investing in multiple products.
With the crypto fund manager now holding over $6 billion in AUM, it means that Grayscale controls around 2.5% of the total Bitcoin supply, currently above 18,000 BTC. The Bitcoin supply is capped at 21 million, which means that roughly 2.5 million bitcoins are left to be mined.
Grayscale isn’t the only company that is increasing its stakes in cryptocurrencies at the moment. MicroStrategy recently bought $425 million worth of Bitcoin, and Jack Dorsey’s Square Inc. invested $50 million in Bitcoin.
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