AltCoinTrader Blog

out-with-the-old-and-in-with-the-new-bittorrent-tokens

Out with the old and in with the new BitTorrent Tokens

19 January 2022

BitTorrent is starting the new year with a bang following their announcement of a redenomination plan. This week, the network is upgrading the existing TRC10 token, BTT to a new TRC20 token. We take a look at what is happening and how it will impact AltCoinTrader users.

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dao-the-next-big-crypto-trend

DAO: The next big crypto trend

12 January 2022

During 2020 DeFi hit the crypto market and was an instant success. In 2021, the market saw the rise of NFTs. The next big crypto trend for 2022 is said to be Decentralized Autonomous Organisation (DAO). Today, we take a look at what DAOs are and how you can get into the action before anyone else.

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crypto-events-you-should-not-miss-in-2022

crypto-events-you-should-not-miss-in-2022

05 January 2022

2022 marks another exciting year with endless cryptocurrency events. Stick around for the chance to get your hands on an exciting new NFT or travel to Miami for Bitcoin 2022. Here is a list of the top AltCoinTrader crypto events you should not miss in 2022.

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Is the crypto bull run over?

Is the crypto bull run over?

29 December 2021

On 29 December 2017, crypto millionaires were being made as the 2017 bull run was nearing its peak. However, Santa did not make the crypto market pump this time around which has left many wondering, is the crypto bull run over? AltCoinTrader has the answer.

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Top 5 cryptos to gift for Christmas 2021

Top 5 cryptos to gift for Christmas 2021

22 December 2021

Give a financial savvy gift this year by gifting cryptos to loved ones on Christmas. With South Africa’s favourite cryptocurrency exchange, AltCoinTrader buying and sending crypto gifts is super easy and fast. Here are our top 5 picks for cryptos to gift this Christmas. #Nofancywrappingpaperneeded

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SA Crypto Tax: The truth and nothing but the truth

SA Crypto Tax: The truth and nothing but the truth

15 December 2021

Since the crypto industry is not yet regulated by South African regulators, does one have to pay taxes on cryptocurrencies in South Africa? AltCoinTrader CEO, Richard de Sousa recently interviewed leading SA crypto tax expert, Thomas Lobban from Crypto Tax Consulting to answer a few burning crypto tax-related questions.

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Should I convert cryptos to USDT or xZAR?

Should I convert cryptos to USDT or xZAR?

8 December 2021

You may have noticed two trading pairs on South Africa’s favourite cryptocurrency exchange, AltCoinTrader – namely xZAR and USDT. For those who are new to the industry, it might be difficult to choose which trading pair is best for you. Today we discuss each of the trading pairs and the pros and cons of trading with xZAR and USDT on AltCoinTrader.

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AltCoinTrader lists Solana on South Africa’s favourite crypto exchange

AltCoinTrader lists Solana on South Africa’s favourite crypto exchange

1 December 2021

Solana (SOL) has been one of the best performing coins during this bull cycle. Over the past year, the price of SOL has increased by more than 11 871%. AltCoinTrader is proud to announce that it will be listing SOL very soon so that no one misses the gravy train.

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How to spend R1 000 on AltCoinTrader

How to spend R1 000 on AltCoinTrader

24 November 2021

Investing in cryptocurrencies is easy thanks to leading cryptocurrency exchanges like AltCoinTrader, that offer traders low fees and secure networks. The good news is that you don’t need a lot of money to start trading cryptocurrencies. You can start investing in cryptos with as little as R1 000 on AltCoinTrader.

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Top 3 cryptos for first time investors on AltCoinTrader

Top 3 cryptos for first time investors on AltCoinTrader

17 November 2021

Buying cryptocurrencies for the first time can be both exciting and daunting. Buying cryptocurrencies on AltCoinTrader opens a new world with endless and exciting opportunities. Today we discuss the top 3 cryptos for first time investors on AltCoinTrader.

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Polkadot hits all-time high on AltCoinTrader with launch of parachain slot auctions

Polkadot hits all-time high on AltCoinTrader with launch of parachain slot auctions

10 November 2021

Polkadot’s coin, DOT hit an all-time high of R872,24 on AltCoinTrader last week. DOT is amongst the top altcoins that is said to explode during this bullrun and with good reason.

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How to use the AltCoinTrader toolbox for maximum profits

How to use the AltCoinTrader toolbox for maximum profits

3 November 2021

Knowing how to use an exchange for maximum profits is like knowing which tools in your toolbox will get the job done. South Africa’s favourite cryptocurrency exchange, AltCoinTrader has a financial toolbox full of exciting products and services that will change the way you trade cryptocurrencies.

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Top 3 reasons why XRP may outperform Bitcoin and Ethereum

Top 3 reasons why XRP may outperform Bitcoin and Ethereum

27 October 2021

There are multiple views that XRP may outperform Bitcoin and Ethereum this bull run. Besides technical analysis showing bullish signs, there are lots of fundamental reasons behind this prediction. Best to buy a bag of XRP on AltCoinTrader before its too late.

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AltCoinTrader Technical Analysis: What is the BB squeeze?

AltCoinTrader Technical Analysis: What is the BB squeeze?

20 October 2021

A Bollinger Band squeeze otherwise known as a BB squeeze, is a welcome addition to any trader’s bag of trading tricks. Today we show you how to identify the BB squeeze on AltCoinTrader’s charting program to make your trades more profitable.

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Can Shiba Inu Coin dethrone Cardano?

Can Shiba Inu Coin dethrone Cardano?

14 October 2021

As Shiba Inu Coin (SHIB) continues its upward climb, experts predict that the memecoin is preparing to overtake Cardano (ADA) in the top three cryptocurrencies by market cap. If you are still hodling your SHIB tokens from the recent AltCoinTrader airdrop, you may be in for a couple of surprises this bull market.

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How to pay your bills for free with AltCoinTrader

How to pay your bills for free with AltCoinTrader

7 October 2021

Wouldn’t it be nice if there was a way to pay bills without having to touch your salary? With AltCoinTrader’s Easy Save you can now earn interest by simply holding onto your cryptocurrencies. Earn from 4 – 10% interest on your cryptocurrencies with Easy Save. Today we show you how to pay your bills for free with AltCoinTrader.

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Brave launches Brave Talk

Brave launches Brave Talk

29 September 2021

Ever wondered who could be listening in on your video call? The Brave browser recently launched Brave Talk, a new privacy-focused video conferencing feature. Brave’s native token, Basic Attention Token (BAT) has not set the charts alight yet. With this and more expected news, it is worth hodling a bag of BAT on AltCoinTrader, South Africa’s favourite cryptocurrency exchange.

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Top 5 potential warning signs of a rugpull

Top 5 potential warning signs of a rugpull

23 September 2021

AltCoinTrader is South Africa’s most secure cryptocurrency trading platform. Whilst traders can trade with peace of mind on AltCoinTrader, it is important that they are safe on other platforms as well. When trading in the DeFi space, be sure to lookout for certain signs that a project may rugpull its users. Here are the top 5 potential warning signs of a rugpull.

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How to identify trendlines on AltCoinTrader

How to identify trendlines on AltCoinTrader

15 September 2021

A trend is defined as the direction the market is going in. The market can either be in an uptrend, downtrend or sideways trend. Did you know you can identify trendlines on AltCoinTrader to help increase profits?

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How to create and sell your own NFTs

How to create and sell your own NFTs

8 September 2021

As word spreads about Non-Fungible Tokens (NFTs), more artists have come on board to sell their digital art on the blockchain. Today we discuss how to create and sell your own NFTs with the help of AltCoinTrader.

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Ripple proposes Smart Contracts for XRPL

Ripple proposes Smart Contracts for XRPL

1 September 2021

Whilst Ripple is battling the SEC in court, there is a lot going on behind the scenes. XRP Ledger (XRPL) is planning to enable smart contracts on the Ledger. XRP is currently trading at R17 on AltCoinTrader and analysts expect the token to moon with the introduction of smart contracts on XRPL.

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How to arbitrage on the Polygon network

How to arbitrage on the Polygon network

25 August 2021

Arbitrage is a simple way to make money with cryptocurrencies. All you have to do is transfer, buy and sell cryptocurrencies on different exchanges. Now you can make money with arbitrage on AltCoinTrader and the Polygon network. Let us show you how easy it is.

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Get ready for Cardano Alonzo Mainnet launch

Get ready for Cardano Alonzo Mainnet launch

18 August 2021

The countdown to the Cardano Alonzo Mainnet launch has started. Cardano is one of the hottest crypto projects at the moment and expectations are high for the upcoming mainnet launch. Alonzo which is set for 12 September, will bring smart contracts to the network.

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What the Ethereum London hard fork means for Ether

What the Ethereum London hard fork means for Ether

12 August 2021

Ethereum’s London hard fork, that took place on 5 August 2021 introduced a less volatile and more predictable transaction fee calculation. This is a major improvement for the Ethereum network as it implements coin burning and makes Ethereum a deflationary asset.

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Social Tokens: The Next Big Thing

Social Tokens: The Next Big Thing

4 August 2021

Investors are constantly on the lookout for the next big thing in the crypto industry. In comes Social Tokens, the currency of the NFT communities. Today, we take a closer look at what Social Tokens are and why they could be the next big thing.

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Flare’s Songbird promises another airdrop to XRP holders

Flare’s Songbird promises another airdrop to XRP holders

28 July 2021

XRP holders who participated in the Flare Network snapshot in December 2020, will be eligible to receive a second airdrop soon. Flare Networks recently announced the Songbird (SGB) airdrop that goes hand-in-hand with the release of the Songbird network.

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Will Facebook partner with Polkadot?

Will Facebook partner with Polkadot?

23 July 2021

The crypto community has been buzzing this week with news that Facebook could be partnering with Polkadot on Facebook Diem. To be specific, Pontem partnered with Polkadot node provider to finalize experimental test network for Diem. We break the news down to get a better understanding of how this experimental test network will be constructed and what it means for the crypto industry.

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Shiba Inu launches DEX

Shiba Inu launches DEX

15 July 2021

Shiba Inu Coin is enjoying the spotlight once again as the project launched its very own decentralized exchange (DEX). Shiba Inu Coin has been hot news since Elon Musk tweeted about his very own Shiba Inu dog. Thanks to Twitter and the tech behind the coin, Shiba Inu Coin has been dubbed as the “Dogecoin-killer”. With the launch of its own DEX, Shiba Inu Coin is going places.

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Is Polygon (MATIC) the best DeFi project?

Is Polygon (MATIC) the best DeFi project?

7 July 2021

Many DeFi users are looking for an escape route from high gas fees. This is where Polygon comes in. The layer 2 project is aimed at solving Ethereum’s scalability problem. It seems that the project is succeeding in its mission as Polygon’s token MATIC has rocketed by more than 5776% in the last year. Today we discuss if Polygon (MATIC) is the best DeFi project currently on the market.

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Is the 2021 Bitcoin Bull Run over?

Is the 2021 Bitcoin Bull Run over?

1 July 2021

Recent plunges in the price of Bitcoin and other cryptocurrencies have been frightening to say the least. Bitcoin is down 41% from its all-time high of $63 000 and Ether is down by half from its all-time high of $4 220. Many traders are asking: “Is the 2021 Bitcoin Bull Run over? Should I sell my Bitcoin?”

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Bitcoin death cross explained

Bitcoin death cross explained

23 June 2021

The Bitcoin price has shown volatility in 2021. After hitting a new all-time high of $65 000, the price came tumbling down to below $30 000. Whilst some are patiently waiting for the market to recover, others are fearing a “death cross” price formation. Today we take a look at what is a death cross and what it means for Bitcoin.

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How to make money when the crypto market is correcting

How to make money when the crypto market is correcting

9 June 2021

2021 has been a rollercoaster for the cryptocurrency market. Price explosions were followed by sudden dips that caused panic selling. The truth is that volatility is a common aspect of the crypto market. This makes it harder for traders to make money. However, clever traders know there are a few ways to make money when the crypto market is correcting.

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Why cryptocurrency volatility is not a bad thing

Why cryptocurrency volatility is not a bad thing

3 June 2021

The crypto market is known for its volatility. For those who are unfamiliar with the market’s extreme volatility, it can be a rough ride. In order to understand why cryptocurrencies are volatile, we have to take a look at the factors surrounding the market. What causes market volatility and is it really such a bad thing?

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AltCoinTrader lists Binance Coin

AltCoinTrader lists Binance Coin

26 May 2021

Binance Coin (BNB) has been one of the best performing cryptocurrencies of the year. BNB started the year at a mere $37 and recently set a new record of $620. That is a massive increase of 1 545%! Today we take a closer look at BNB and why AltCoinTrader, South Africa’s favourite cryptocurrency exchange, will be listing BNB shortly.

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Make way Dogecoin, Shiba Inu Coin is here

Make way Dogecoin, Shiba Inu Coin is here

20 May 2021

Make way Dogecoin, there’s a new dog in town. Shiba Inu Coin, the relatively new cryptocurrency has seen rapid growth over the past weeks. AltCoinTrader will be listing the Shiba Inu Coin on the exchange this month and give 40 000 free Shiba Inu Tokens to every active client. First, let’s take a closer look at Shiba Inu Coin and why it is called the “Dogecoin-killer”.

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Anticipating the Polkadot parachain slot auctions

Anticipating the Polkadot parachain slot auctions

12 May 2021

The alt market is booming! The price of Polkadot has gone up by 12.3% over the past 14 days and industry experts are expecting a lot more from the coin. The next big milestone that is due on the Polkadot roadmap, is the parachain slot auctions. Today we look at the latest developments and how it can affect the price of Polkadot.

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Can DOGE reach $1?

Can DOGE reach $1?

5 May 2021

In 2021, the price of Doge Coin has grown more than 72 times and continues to set new all-time highs. With Elon Musk punting the coin on social media and mass adoption, this is definitely the year for Doge! But is there more to Doge than Elon Musk and will it be enough to see Doge reach $1?

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Buy a Ferrari in South Africa with Bitcoin

Buy a Ferrari in South Africa with Bitcoin

21 April 2021

For the first time in history, South African crypto investors can buy a Ferrari with cryptocurrencies. Thanks to a partnership with Sandton-based luxury car dealership, Ferris Cars and AltCoinTrader, you can now buy a Ferrari with Bitcoin, USDT and xZAR.

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What does the future hold for Ripple?

What does the future hold for Ripple?

15 April 2021

Ripple didn’t have a great start to the year. Regardless, the price of XRP is climbing every day amidst a lawsuit by the Security and Exchange Commission (SEC). The cryptocurrency market is on fire and it seems that investors are not letting go of XRP yet. Today we take a look at the SEC lawsuit and what the future holds for Ripple.

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How to trade with Altcoin Hype Cycles

How to trade with Altcoin Hype Cycles

7 April 2021

Do you wish there was a way of knowing when to trade with Bitcoin and when to trade with altcoins? The crypto market moves in cycles. When Bitcoin is up, typically the alts would go down and vice versa. The best way to benefit from a Bitcoin and altcoin price surge is to trade with Altcoin Hype Cycles.

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Cardano coming to Africa

Cardano coming to Africa

1 April 2021

Across Africa from Ethiopia to South Africa, there is an increased interest in blockchain technology. Blockchain technology has become a key component in improving the state of many industries and government functions in Africa. Cardano is concentrating on Africa to run decentralized applications (dApps) on its blockchain, “to turn the tide for Africa”.

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Building bridges with Polkadot

Building bridges with Polkadot

24 March 2021

Many blockchains exist in isolation which can cause bottlenecks and increased transaction fees. Polkadot is a blockchain protocol that connects various blockchains to streamline communication, transactions and network upgrades. This week we take a closer look at Polkadot and why it is looking to be one of the top coins for 2021.

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How NFTs and Digital Art are fuelling Ethereum

How NFTs and Digital Art are fuelling Ethereum

17 March 2021

An NFT of a piece of art by digital artist Beeple recently sold for $69 million at Christie’s. Beeple was immediately positioned “among the top three most valuable living artists” as the artwork was sold at a record amount for a new art form involving NFTs. Needless to say, this is big news for the crypto space and in particular Ethereum. Today we discuss how NFTs and Digital Art are fuelling Ethereum.

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Signs that Bitcoin is turning bearish

Signs that Bitcoin is turning bearish

10 March 2021

Getting caught in a trade where you may have bought Bitcoin a bit high, only to see the price go down, can be nerve wrecking. Today we discuss various ways you can protect your funds from a major Bitcoin correction and FOMO. Here are a few signs that Bitcoin is turning bearish.

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All eyes on Litecoin

All eyes on Litecoin

3 March 2021

All eyes are on Litecoin in March as it is gearing up for the launch of the MimbleWimble privacy upgrade. Today we look at Litecoin and why March is said to be explosive for the top 10 cryptocurrency.

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A guide to Liquidity Pooling

A guide to Liquidity Pooling

24 February 2021

A driving force behind the success of the Decentralized Finance (DeFi) sector is liquidity pooling. To date the DeFi sector continues to disrupt the financial sector by offering decentralized financing. Daily trading volume on DeFi markets is well over $15 billion and boasts with a market cap of more than $60 billion. However, none of this would have been possible if it was not for liquidity pooling. So, what is liquidity pooling and why is it important?

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Why Chainlink is ready to explode in 2021

Why Chainlink is ready to explode in 2021

17 February 2021

A great number of coins have already surpassed previous all-time highs. This is an exciting time to be in the crypto space. Now it’s time to do your own research and invest in projects that are most likely to give you a 10x return on your investment. One of the top picks for 2021 is Chainlink. Today we discuss why Chainlink is ready to explode in 2021.

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Watch out for the latest crypto scams

Watch out for the latest crypto scams

12 February 2021

As the price of Bitcoin and other cryptocurrencies rise, so too do the number of scams doing the round. It is unfortunate when new traders end up losing valuable coins to shady ventures. At AltCoinTrader, we take scams that could negatively affect our clients very seriously. It has recently come to our attention that scammers are using the AltCoinTrader platform to profit from their scheme. Traders are urged to watch out for the latest crypto scams.

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How much BTC do you need to buy a Tesla?

How much BTC do you need to buy a Tesla?

10 February 2021

News that Tesla bought $1.5 billion worth of Bitcoin this week, sent prices soaring. What’s more is you can now buy a Tesla with Bitcoin. So how much BTC do you need to buy a Tesla?

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Cardano gunning for Ethereum in March

Cardano gunning for Ethereum in March

4 February 2021

Following the successful rollout of Shelley on the Cardano network, many are looking to the much-anticipated release of the Goguen mainnet launch in March 2021. Goguen is regarded as the final hurdle before Cardano can challenge Ethereum’s decentralized applications. Another reason to get excited about Cardano is that they will also be issuing a stablecoin soon. Today we look at how Cardano is gunning for Ethereum in March.

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Expensive cryptocurrencies and cheap cryptocurrencies: Which is best?

Expensive cryptocurrencies and cheap cryptocurrencies: Which is best?

20 January 2021

To pay R500 000 for one Bitcoin is not in budget for a lot of people. Fortunately, the crypto industry is accessible to everyone and offers several affordable coins to suit any budget. The bottom line is profit; be it fiat, BTC or ETH. Today we weigh up expensive cryptocurrencies and cheap cryptocurrencies: Which is best to buy?

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Top 5 ‘golden oldie’ altcoins to buy in 2021

Top 5 ‘golden oldie’ altcoins to buy in 2021

13 January 2021

The crypto market changes rapidly. The one minute DeFi is the hottest topic and the very next day everyone seem to have moved on to Yield Farming. With the recent epic rise of the Bitcoin price, analysts are speculating as to which alt coins could go 1000x and surpass their previous all-time highs. With the launch of so many new projects, one cannot help but wonder if some of the older coins will once again deliver jaw-dropping profits? Today we discuss the top 5 ‘golden oldie’ altcoins to buy in 2021.

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What are CME gaps?

Top DeFi Tokens for 2021

6 January 2021

DeFi tokens have taken the crypto market by storm. Worth well over $14 billion, DeFi tokens are even listed separately on CoinMarketCap and CoinGecko. Today we take a look at the top DeFi Tokens for 2021. Which are the most promising and which are most likely to further revolutionise the industry.

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