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AltCoinTrader Blog

Bitcoin emerges as a ‘flight to safety’ in 2020

Bitcoin emerges as a ‘flight to safety’ in 2020

31 December 2020

2020 saw Bitcoin and other cryptocurrencies emerge as a ‘flight to safety’. With investors looking for alternatives to falling fiat currencies, numerous billion-dollar investment firms are flocking to Bitcoin. Today we discuss how Bitcoin emerged as a ‘flight to safety’ in 2020.

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What are CME gaps?

What are CME gaps?

30 December 2020

Have you heard traders talk about CME gaps? “There is a CME gap at $10 500” or “the CME gap has been filled”. Traders take great care with CME gaps as they know it is a handy price indicator to predict future movements. Today we discuss what CME gaps are and where you can find them.

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Why millennials prefer Bitcoin to Gold

Why millennials prefer Bitcoin to Gold

9 December 2020

A new global survey revealed that millennials prefer Bitcoin as a safe-haven asset instead of gold. With the biggest generational transfer of wealth currently taking place, it is important to take note of millennial investment patterns. Today we discuss why millennials prefer Bitcoin to gold.

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What’s next for Ethereum after ETH 2.0 launch?

What’s next for Ethereum after ETH 2.0 launch?

3 December 2020

The launch of ETH 2.0’s genesis block that occurred on 1 December 2020, is by far the biggest upgrade to the Ethereum network since its inception. The migration to ETH 2.0 means that the Ethereum network will no longer rely on miners to provide computing power to operate the network. Instead validators staking coins on the network will be the new driving force. Today we discuss what’s next for Ethereum after ETH 2.0 launch.

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Top 5 reasons for a strong Bitcoin bull market

Top 5 reasons for a strong Bitcoin bull market

26 November 2020

What an exciting time to be in cryptos! Whilst Bitcoin is toiling with $18 000, various alts have already made unbelievable gains. However, one can’t help but to wonder when a major correction is due. Bitcoin has almost reached its previous all-time high which has led mainstream media to speculate how much the new all-time high can be. What’s interesting about this bull run is the type of thinking that is driving the movement. Today we look at the top 5 reasons for a strong Bitcoin bull market.

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Chainlink links cryptocurrency to the real world

Chainlink links cryptocurrency to the real world

18 November 2020

Chainlink (LINK) was recently named by the World Economic Forum as a 2020 Technology Partner. Besides being recognized by the World Economic Forum, the price of LINK Token has gained over 1 700% since its low in 2018. Whilst the crypto community is awestruck by the price increase, it is well worth it to take a closer look at what the project entails. In a nutshell, Chainlink links cryptocurrency to the real world.

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How to buy and sell BTC in 1 second

How to buy and sell BTC in 1 second

11 November 2020

Buy and sell Bitcoin (BTC) in 1 second with AltCoinTrader’s new Easy Buy & Sell option on South Africa’s favorite exchange. AltCoinTrader’s Easy Buy & Sell is ideal for beginner traders who want to buy BTC but lack technical knowledge. Today we show you how to buy and sell BTC in 1 second. Click, click, done!

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How to get cryptos if you don’t have money

How to get cryptos if you don’t have money

5 November 2020

Do you wish you could own some cryptos but don’t have the bucks to buy cryptos? Today we have a few suggestions how to get cryptos if you don’t have money.

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Top 5 reasons to use xZAR

Top 5 reasons to use xZAR

2 November 2020

There are numerous advantages to cryptocurrencies and blockchain technology for both individuals and businesses. Cryptocurrencies allow holders to transact and save without any third-party interference. Due to the transparent blockchain technology, cryptocurrency payments have become the obvious choice for those who are seeking financial freedom. xZAR is a South African stable coin pegged 1:1 with the South African Rand (ZAR). Today, we discuss the top 5 reasons to use xZAR.

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How to get started with cryptocurrencies

How to get started with cryptocurrencies

30 October 2020

With the loss of value of many fiat currencies, more and more investors are considering cryptocurrencies in an effort to secure their money and their future. Investing in cryptocurrencies has already improved the lives of many investors. If you are looking to get started with cryptocurrencies but are unsure how to do so, this blog is for you.

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The battle of the Stable coins – USDC moving in on USDT

The battle of the Stable coins – USDC moving in on USDT

28 October 2020

The battle of the stable coins has commenced as USDC is moving in on the number one spot followed by DAI. Currently, Tether (USDT) is the reigning stable coin with a market cap surpassing $16 billion. However, with USDC and DAI also in the running, it is anyone’s guess who will come out on top.

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How to speak fluent crypto

How to speak fluent crypto

7 October 2020

Everyone is talking about cryptocurrencies. The general consensus is that the revolutionary blockchain industry is here to stay. Besides producing mind-blowing tech and financial systems, the crypto industry also comes with its own unique language. If you don’t know the words, you won’t be able to join the conversation. Today we will teach you the a, b, c of cryptocurrencies and how to speak fluent crypto.

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Cryptocurrency transfers in Africa have increased by 55%

Cryptocurrency transfers in Africa have increased by 55%

30 September 2020

Crypto transfers in Africa have increased by 55% from 2019 to 2020. This is according to a report by blockchain analytics firm, Chainanalysis. It is evident that Africa has turned to the crypto industry in an effort to avoid high transfer fees and fiat currency instability when transferring funds. Today we take a closer look at the challenges facing the African market and why cryptocurrency transfers have increased so drastically.

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NEO GAS vs ETH Gas: What is the difference?

NEO GAS vs ETH Gas: What is the difference?

25 September 2020

Have you noticed there are two types of gas that is frequently used in the crypto space? The first one is NEO GAS and the second is Ethereum gas. They are not the same and serves different purposes in their respective ecosystem. Today we take a look at NEO GAS vs ETH Gas: What is the difference?

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Why are Ethereum transaction fees so high?

Why are Ethereum transaction fees so high?

23 September 2020

There is growing concern amongst Ethereum users over the recent increase in network transaction fees. As a matter of fact, Ethereum network transaction fees recently reached an all-time high. This may be due to an increase in users of various decentralized finance protocols and other applications. Today, we ask the question: Why are Ethereum transaction fees so high?

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Get Ripple-Spark Airdrop on AltCoinTrader

Get Ripple-Spark Airdrop on AltCoinTrader

10 September 2020

Ripple is inviting all XRP token hodlers to participate in the upcoming Spark Token airdrop. Built on the Flare Network, the new project aims to serve as a bridge between Ripple’s XRP Ledger and Ethereum. What’s more is you can get the Ripple-Spark Airdrop on AltCoinTrader! South Africa’s favourite cryptocurrency exchange, AltCoinTrader will support the upcoming airdrop and list Spark on the exchange.

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How to earn passive income with Balancer

How to earn passive income with Balancer

9 September 2020

The DeFi (Decentralized Financing) space is exploding. New opportunities for traders to benefit from the DeFi space is popping up almost every week. The latest development in the DeFi space is adding liquidity and earning a passive income. Today we show you how to earn passive income with Balancer.

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Why the entertainment industry is adopting cryptocurrency payments

Why the entertainment industry is adopting cryptocurrency payments

3 September 2020

Various retail outlets have migrated to online resources in an effort to accommodate a market that longs for instant gratification. Today’s consumers use search engines like Google or Brave, to find products and services. A game changer for the internet is blockchain with its sophisticated payment platforms. The entertainment industry has been at the forefront of adopting cryptocurrency payment methods in an effort to extend its reach. Today we discuss why the industry is adopting cryptocurrency payments.

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Why TikTok and Elon Musk love Dogecoin

Why TikTok and Elon Musk love Dogecoin

26 August 2020

Dogecoin recently made headlines with Elon Musk and TikTok promoting the coin. If someone such as Elon Musk, the founder of Tesla and SpaceX mentions a cryptocurrency on Twitter, you should be paying attention. Today we take a closer look at why TikTok and Elon Musk love of Dogecoin.

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Namecoin – One of the most innovative altcoins of all time

Namecoin – One of the most innovative altcoins of all time

19 August 2020

Namecoin is known as the one of the most innovative altcoins of all time. Even though Namecoin may not be the hot crypto of the month, it is still one to take note of. Did you know Namecoin was the first fork of Bitcoin? Many newbies may think that Bitcoin Cash was the first but it is not the case. Today we take a look at why Namecoin is still relevant in today’s crypto space.

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Share large files fast and secure with BitTorrent

Share large files fast and secure with BitTorrent

12 August 2020

With an increase in the number of people who are working from home or remotely, sharing files fast and secure has become essential. BitTorrent Inc. is one of the first companies to facilitate file-sharing sites on the internet. Today BitTorrent Inc. is by far the largest file-sharing site and boasts with its own cryptocurrency, BitTorrent Token. If you are in the process of updating business systems and operations, take a look at how you can share large files fast and secure with BitTorrent.

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Cardano Shelley Hard Fork – new kid on the block

Cardano Shelley Hard Fork – new kid on the block

5 August 2020

In an effort to compete with Ethereum, Cardano’s Shelley Hard Fork recently went live. Not to be confused with Barbie’s younger sister, Shelley makes Cardano a worthy adversary to dethrone Ethereum in terms of assets and decentralized apps. Today, we discuss the significant impact of the Cardano Shelley Hard Fork.

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Top 3 reasons to buy Ethereum

Top 3 reasons to buy Ethereum

29 July 2020

Ethereum has been dominating the charts for the last week by printing one green candle after another. Despite technical indicators showing multiple bearish divergence on the 1-hour and 4-hour charts, the second-largest cryptocurrency is not slowing down. This has been a very exciting year for Ethereum with the implementation of DeFi smart contracts and more. Today we take a look at the top 3 reasons to buy Ethereum.

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How to avoid the latest Bitcoin scams

How to avoid the latest Bitcoin scams

22 July 2020

During the first quarter of 2020, more than $24 million worth of cryptocurrencies were stolen by Bitcoin scammers. The report that was published by Whale Alert, shows how persistent scammers can be despite a global economic crisis. Besides educating the community about exciting opportunities in the crypto industry, AltCoinTrader takes safety and security seriously. Here are a few tips on how to avoid the latest Bitcoin scams.

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Yield Farming: The new DeFi trend

Yield Farming: The new DeFi trend

8 July 2020

The crypto world is fast-paced. A year ago, staking was a popular method to earn passive income. But this year, DeFi is all the rage. Today, we will be discussing Yield Farming: The new DeFi trend. This follows news by the Compound DeFi platform that they introduced liquidity mining into the ecosystem. Liquidity mining allows for a new investment strategy called Yield Farming. FYI, Yield Farming does not require gum boots or a shovel.

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AltCoinTrader adds DeFi coin DAI to the platform

AltCoinTrader adds DeFi coin DAI to the platform

30 June 2020

The biggest challenge cryptocurrencies are facing with regards to adoption is price fluctuations. It sucks to have R10 000 worth of Bitcoin and the next day it’s worth R9 000. Price fluctuations make it difficult for businesses to accept cryptocurrencies as payment and for consumers to spend cryptocurrencies. The answer to the problem is using a stablecoin that maintains a stable value. One such is the Dai that is backed by collateral on the Maker platform. In an effort to expand services to traders, AltCoinTrader is adding DeFi coin Dai to the platform this week.

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AltCoinTrader lists Compound Token

AltCoinTrader lists Compound Token

29 June 2020

DeFi coins are the new money makers. Whilst Bitcoin is up 80% in the past three months, DeFi coins are up by more than 100%. So, what are these magical DeFi coins and how can you get them?

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Blockchain Apps track COVID-19 cases

Blockchain Apps track COVID-19 cases

24 June 2020

Following various gruelling lockdown phases, more South African businesses opened their doors this week. For a split second, one may think that the COVID-19 pandemic is not so bad as people go about their everyday lives. However, since the easing of lockdown, the infection rate in South Africa has increased drastically. One should still be vigilant when moving about. Wouldn’t it be nice if there was an app that could warn you if someone in your immediate area is infected? Today we discuss blockchain apps that identify COVID-19 cases.

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How to save for retirement with cryptocurrencies

How to save for retirement with cryptocurrencies

17 June 2020

If history has taught us anything it’s that during a financial crisis, investment portfolios can take a nose dive. Long term investments such as retirement annuities are usually affected by these events (economic depression etc). The portfolios of those who are far from retirement may recover over time and they can retire as planned. Unfortunately, for those who have come to the end of their working careers, there may not be enough time to recover their losses. This has brought about the question of whether or not it is a good idea to diversify one’s long term investment portfolio into cryptocurrencies. Today we take a look at how to save for retirement with cryptocurrencies.

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Earn money from home with the AltCoinTrader app

Earn money from home with the AltCoinTrader app

10 June 2020

COVID-19 has had a negative impact on the global economy. In South Africa, many people have been retrenched, are potentially facing retrenchment or have been subjected to drastic salary cuts. Now more than ever, people are looking to earn money from home either to bridge the gap caused by salary cuts or simply to make a living. Now you can earn money from home with the AltCoinTrader app. Earning with cryptocurrencies is easy since you can work remotely and online.

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Cryptocurrencies are the next step in e-commerce

Cryptocurrencies are the next step in e-commerce

3 June 2020

Amidst the chaos of COVID-19, business owners across the globe are embracing a new virtual environment. As consumers are turning to online shopping and cashless payments, businesses have had to adapt to current circumstances. Circumstances such as lockdown and a growing fear of going to crowded places have directly contributed to the need for contactless transactions. Today we look at cryptocurrencies as the next step in e-commerce.

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Cardano brings cryptos to unbanked society with microchip

Cardano brings cryptos to unbanked society with microchip

27 May 2020

It is said that 2019 and 2020 would be the timeframe for crypto adoption to occur. Thus far things are looking pretty good with cashless payment systems popping up just about everywhere. This is mainly due to the COVID-19 virus that is forcing retailers to beef up online shopping as customers are in lockdown. As such, Cardano (ADA) recently announced a new product – a crypto-focused chip to serve the unbanked. Today we look at how Cardano plans to bring cryptos to unbanked society with microchip technology.

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How to become a full-time cryptocurrency trader

How to become a full-time cryptocurrency trader

20 May 2020

Becoming a full-time cryptocurrency trader requires patience, strategizing in order to minimize behavioural mistakes and an endless amount of research and chart analysis. There are a number of full-time cryptocurrency traders who are very successful and make a lot of money. However, becoming a full-time cryptocurrency trader is not an easy job. Today we discuss the requirements for becoming a full- time cryptocurrency trader.

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Which stablecoins to use

Which stablecoins to use

13 May 2020

In an industry where traders make money from the market’s volatility, a coin that can hold a stable value is needed. Stablecoins are like the yin to Bitcoin’s jang. They are great tools for traders and hodlers who want to protect profits in the short term during a correction. How do you know which stablecoins to use? AltCoinTrader has two reputable and secure stablecoins available to traders. Let’s check out xZAR and Tether (USDT).

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How to make an instant EFT to your AltCoinTrader account

How to make an instant EFT to your AltCoinTrader account

6 May 2020

Until now, one would have to wait for up to two work days, depending on the bank you use, for ZAR to reflect in your AltCoinTrader account. By that time, you may have missed the perfect entry opportunity to buy your favourite cryptocurrency. This is about to change as AltCoinTrader introduces secure and instant EFT payments with Ozow. You can literally make an EFT to your AltCoinTrader account in less than 1 minute. Let’s show you how.

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What effect can the Bitcoin Halving 2020 have?

What effect can the Bitcoin Halving 2020 have?

6 May 2020

The highly anticipated Bitcoin Halving is mere days away. Every trader is keeping a close eye on the charts to see how the Bitcoin (BTC) price will react. For those who are new to the exciting world of cryptocurrencies, we explain why halving is such a big deal. We also discuss what possible effect the Bitcoin Halving 2020 can have.

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How blockchain technology can change the gold industry

How blockchain technology can change the gold industry

29 April 2020

South Africa has two of the world’s ten largest gold mines – South Deep Gold Mine and Mponeng Gold Mine. The South African economy is greatly dependent on the mining sector as it contributes 10% of the country’s annual GDP. With the current COVID-19 outbreak, many issues that negatively affect the gold mining industry have come to light. We take a look at current affairs and how blockchain technology can change the gold industry.

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Top 5 reasons why you should save in Gold

Top 5 reasons why you should save in Gold

22 April 2020

An historic event occurred yesterday as WTI Crude Futures for May fell more than 100% to -$37.63 for the fist time. Is this the end of the Petrodollar and the start of a gold backed dollar? Only time will tell. At this stage, there is no doubt that commodities like Gold and Silver are sought-after safe havens. After the collapse of the WTI Crude, it is now more important than ever to ensure you have Gold and Silver in your portfolio. We take a look at the top 5 reasons why you should save in Gold.

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Why smart investors should buy Silver

Why smart investors should buy Silver

14 April 2020

What defines a good investment? A good investment should be easy to buy and sell and provide security. It should be in demand and have a guaranteed return. When considering a specific investment, decide if the investment fits into the “big picture”. Whether it’s your personal “big picture” or that of the world economy, an investment will only be successful if it can yield profits on a constant basis. With that said, we discuss why smart investors should buy Silver to cater for every possible “big picture”.

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Top 5 reasons to buy Krugerrands now

Top 5 reasons to buy Krugerrands now

8 April 2020

Commodities like Gold and Silver have always been the last man standing during times of economic uncertainty and turmoil. This fact places South Africa in a unique position since the country is known for mining precious metals. It is easy for South Africans to get their hands on Gold and Silver. Krugerrands especially are a solid investment. Today we look at the top 5 reasons to buy Krugerrands now.

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How COVID-19 is impacting cryptocurrencies

How COVID-19 is impacting cryptocurrencies

1 April 2020

The COVID-19 virus has had a devastating effect on the global economy. Local businesses, the tourism and manufacturing industry has been hit the hardest. Everyone is feeling the effect of the dreaded pandemic, even in their personal lives. Warnings have been issued against the use of cash as it could transfer the virus to your hands. With that said, this immediately creates an opportunity for digital alternatives. Today we take a look at how COVID-19 is impacting cryptocurrencies and what the future implications can be.

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How to get financing with DeFi

How to get financing with DeFi

25 March 2020

Decentralised Finance or DeFi is changing the financial landscape as we know it. It is a faster and easier way to obtain financing and to save money. By eliminating the dependency on banks or middlemen to conduct financial services, DeFi is bringing peer-to-peer financing to the masses. Today we take a look at how easy it is to get financing with DeFi.

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Understanding cryptocurrency market cap

Understanding cryptocurrency market cap

18 March 2020

Mirror, mirror on the wall. What is the most valuable cryptocurrency of them all? In order to answer this question, we need not look at the price of cryptocurrencies but at their market capitalization (market cap). Herewith all the relevant information so that you may have a better understanding of cryptocurrency market cap.

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Blockchain giant Tron is leading the way

Blockchain giant Tron is leading the way

13 March 2020

When one giant blockchain technology company is taking over another giant blockchain technology, you have to start paying attention to it. Blockchain-based decentralized platform, Tron recently acquired Steemit. There is no doubt that blockchain giant Tron is leading the way. Today we take a look at Tron and the waves it is making throughout the crypto industry.

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How to protect yourself from SIM Hijacking

How to protect yourself from SIM Hijacking

4 March 2020

You don’t think it will ever happen to you until it does. Protecting yourself from SIM Hijacking is not an issue that is only of concern to internet banking customers, but also to cryptocurrency hodlers and traders. As if wallet and exchange hacking was not enough. Never fear, AltCoinTrader is here to show you how to protect yourself against SIM Hijacking.

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How to get started with Ethereum Smart Contracts

How to get started with Ethereum Smart Contracts

26 February 2020

Ethereum was the first major cryptocurrency to introduce the world to Smart Contracts. It is Ethereum’s claim to fame and distinguishes it from King Bitcoin. Since then other crypto projects have followed suite and introduced their own Smart Contracts. Even though the concept of Smart Contracts is well known, there may be uncertainty about how they work and how you can make use of it. Today we take a look at how to get started with Ethereum Smart Contracts.

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NEO, a powerhouse cryptocurrency

NEO, a powerhouse cryptocurrency

19 February 2020

For early adopters, NEO is truly one for the books. Previously known as AntShares, NEO made millionaires of a lot of hodlers back in 2017. Upon the announcement of the rebranding, the price of NEO mooned from USD 0.23 to over USD 60 in a matter of days. Since the momentous occasion, there seems to be no stopping NEO as it is truly a powerhouse cryptocurrency. Today we take a look at NEO and its partner, GAS.

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Do I have to pay taxes on cryptocurrencies?

Do I have to pay taxes on cryptocurrencies?

12 February 2020

The annual tax season is upon us and some are already scrambling to gather slips and bank statements. With that said, we will be taking a look at cryptocurrencies and legislation in South Africa. It is important for South Africans to know what legislation applies when trading with cryptocurrencies. This begs the question: Do I have to pay taxes on cryptocurrencies?

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How to buy Bitcoin in South Africa

How to buy Bitcoin in South Africa

5 February 2020

Bitcoin has become a safe haven for many South African investors. Whilst some earn extra income, others invest in Bitcoin as part of their long-term savings such as retirement. This may be due to current political turmoil that has seen consumer confidence reaching a low point. Whilst the crypto market may be volatile, for those who do not have weak hands, it can be extremely profitable. Bitcoin has become part of a smart investor’s diverse portfolio. Today we take a look at how to buy Bitcoin in South Africa.

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How to use Technical Indicators to improve your trading

How to use Technical Indicators to improve your trading

29 January 2020

Every trader is always on the lookout for the perfect time to buy and/or sell their cryptos in order to maximise profits. Buying or selling cryptocurrencies at the perfect moment is an art and now you can do it too. Today we discuss how to use Technical Indicators to improve your trading on AltCoinTrader.

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Earn additional income with cryptocurrency arbitrage

Earn additional income with cryptocurrency arbitrage

22 January 2020

There are many ways to make money with cryptocurrencies. One can buy and sell cryptos, hodl and wait for the price to increase before pocketing profits and cryptocurrency arbitrage. We take a close look at exactly what cryptocurrency arbitrage is, how you can earn additional income with this and some pitfalls to watch out for.

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Protect yourself against cryptocurrency scams

Year in Review 2019

15 January 2020

2019 was an exciting year for cryptocurrencies not only on a global scale but also in South Africa. The year saw many price fluctuations, various announcements of mainstream adoptions and partnership and of course, tighter regulations. It is clear that the world is leaning towards a new financial system that includes cryptocurrencies. We take a look at what exciting developments took place on South Africa’s favourite cryptocurrency exchange, AltCoinTrader during 2019.

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Protect yourself against cryptocurrency scams

Protect yourself against cryptocurrency scams

8 January 2020

2019 was a very profitable year for hackers and scammers. It is said that during 2019, cybercriminals stole cryptocurrencies to the value of $4.26 billion from users, investors and exchanges. As we welcome the new year and set new year’s resolutions, protecting your crypto holdings against hackers and scammers should be on the top of the list. Today we take a look at popular scams and how to protect yourself against cryptocurrency scams.

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Blogs by Year

2021 2020 2019