Skip to content
Index FaucetHub Central Beginners & Introductions

BestChange monitor is your exchange helper

Posted by bestchange 9 months ago
5 332
Level 1
BestChange monitor is your exchange helper
Posted 9 months ago
Hello, dear users   Did you ever change money and regret about the rate? Unfortunately, we all do the same mistakes but anyway you may drive your interest and save your time and money with BestChange.   Why BestChange? We work since 2007 and got a strong reputation. Every user may get the most valuable information about exchange rates for FREE! We show exchangers’ rating that helps you to take a fast and right decision about the exchange.   BestChange is:   The updated resource of user’s reviews about exchangers Technical specialists’ consultancy to find the answer Tons of currency pairs to compare the rates Honest and clear information about exchanger’s commissions Automatic search for the best exchange rate Rates of more than 300 resources you may trust   You need to change digital currency, but you don’t know what exchanger fits you the best. Choose the one with the best rate for you, that’s so obvious! And it saves you time and money. With BestChange you would never lose a minute of your time and see the services rating in just a moment.   Every exchange is profitable with us  
Level 1
RE: BestChange monitor is your exchange helper
Posted 1 month ago
Today we have gathered 5 unsophisticated pieces of advice which will help you manage your money more effectively and won’t need lots of effort, focus or time. 1. Set up specific goals Financial experts insist that making a list of specific actions that you want to do can be very useful. Avoid blurry descriptions such as “save up more” to receive a more exact plan how to “work” with money. Moreover, to not overload yourself and your budget, set only 3 goals you feel more certain that you can reach. For example, “purchase of a laptop”, “purchase of a car”, “marketing courses”. 2. Make an emergency fund No, it’s not about your saving ups, it is rather a fund for unexpected costs in case of emergency. Everybody can find themselves in trouble, that’s why it is better to be prepared in advance. When force major strikes, you won’t need to “pinch” from your savings or lend money from all your friends. By the way, hide your emergency fund as far as possible and don’t check it without the necessity. 3. Spend money only on things that help you grow The only way to achieve this goal is to assess your current expenses. You cannot go forward not knowing what was your starting point, can you? So, learn your expense items for the year and make a conclusion which habits or things you should exclude and on which you can spend more. Set it as your rule: only spend your money on things that bring you visible and tangible benefit. 4. Set up a day without expenses Financial advisers suggest setting up a day when you won’t have any expenses at all – and that is a very good decision which will make you more focused and attentive to your own finances. This goal is specifically useful for the young people who often do not account for their money and recklessly spend it on entertainment and fun with their friends. Who knows, maybe in future you will learn how to have even two days a week without expenses! 5. Repay your debts immediately Make it as your goal to firstly repay all the debts: to people, banks or credit offices. Of course, you should try not to borrow money at all, but if you have done so, make it your priority to repay debts and not spending on yourself. In other words, adopt the philosophy of quick repaying rather than yielding to your whims. It is not easy, but this will make you a more organized and task-oriented person. We hope that our advice will help you save up your money so you could grow it buying actives you are interested in with the help of our service.
Level 1
RE: BestChange monitor is your exchange helper
Posted 1 month ago
Today we have decided to have a small crash course for those who are new at the market of cryptocurrencies. And we’re going to start from the very basics. The most important point that one has to understand, is that to keep cryptocurrency you have to have a wallet’s address and there are three ways how you can create one: 1. Use online wallets 2. Download a program to your PC 3. Buy a hardware wallet We will quickly go through pros and cons of each way. But let’s start by telling a few words about what a wallet for cryptocurrencies is using bitcoin as a sample. Bitcoin, as any other cryptocurrency, is kept only in a form of a blockchain. Anybody can view a transaction in the net, check the balance of any wallet. This information  is open for everyone. But it is impossible to tell who the owner of the wallet is. Bitcoin wallet has two parts: • Open key. It is the address of the bitcoin wallet, it is not a secret. It has 32-34 symbols of Latin letters and numbers. All addresses always start with the number “1” or “3”. • Private key (sometimes called as a secret key). It is a longer sequence of letters and numbers of the Latin alphabet. You mustn’t tell it to anyone, because it is an access to the wallet. Transaction in bitcoin network means that cryptocoins go from one wallet’s address to another. The speed of transaction is equal to emerging of a new block in blockchain  (10 minutes on average). Transaction is subject to a small fee. Depending on the network loading, its amount can change. The sender specifies its amount. By the way, commission does not depend on the amount of transaction. You can transfer amount equaling to $10, $10000 or $1 billion and still pay the same commission. 1. Online wallets There are lots of sites which offer services for creation and keeping online-wallets. They are called “cryptowallets”. The service takes on all the issues of keeping funds safe.  There are pros in that, since you don’t need to think about computer safety, plus reliability of the service is usually much better that that of a simple computer. We would like to personally recommend the service blockchain.com 2. Program on your PC You can download programs for bitcoin wallet on the official website bitcoin.org. Here you can choose from lots of wallets supported by community: Bitcoin Core, MultiBit,  Armory and Electrum. Also, you can learn the features of each of them. They slightly differ from each other. For example, Electrum does not keep all the history of transactions  (blockchain) on computer, but it refers to randomly selected network nodes. Bitcoin Core, on the opposite, keeps the full history on your PC and computer must always be online for checking if the data is accurate. Today the blockchain size for bitcoin is about 200 Gigabytes. Many people recommend taking the security of a computer with bitcoin-wallet seriously.  This is because in case fraudsters steal the wallet file, all your funds there will disappear.  As nobody wants this to happen, you need to follow the basic rules of computer usage safety. 3. Hardware wallets Hardware wallets are a device that keeps the private key. Their advantage is that it is switched off the Internet and there is no way anybody can hack this wallet. If the device breaks or you lose access to it, you can restore it by entering 24 random words (so-called seed words). And you can always find favorable rates for purchasing cryptocurrency on our site BestChange. com We wish you reliable and profitable exchanges!
Level 1
RE: BestChange monitor is your exchange helper
Posted 20 days ago
All of us heard many times that cryptocurrencies are only good for trading in the darknet and for laundering money. We sometimes even get requests from journalists to give comments on such questions about illegal deals with cryptocurrencies. But let’s sort out, can bitcoin be really used for money laundering? I think there is no need to explain what money laundering is about – it is done to give criminal money legal status and to “cover the tracks”. Cryptocurrency sphere with its decentralization, anonymity and almost instant transactions may seem to have become the favorite place for all kinds of financial fraudsters. But there are a few problems with that. 1. Volatility of most cryptocurrencies Although for traders constant price surges serve as a great opportunity to profit, for people using digital currencies as a medium, a fall by 10-20 per cent can be a very serious risk. 2. Difficulty of converting cryptocurrencies into fiat currencies. More and more often the exchangers and exchange markets follow the principles of KYC, CFT and AML. Cryptocurrencies still have a half-legal status in most countries. If a considerable amount of money is transferred into cryptocurrencies, after all the stages of laundering, these cryptocurrencies will need to be transferred back into cash money. That’s how, ironically, half-legal status of cryptocurrencies protects them from criminal activity. 3. The majority of digital currencies are not at all anonymous. All transactions made in blockchain are reflected in a public ledger, where everybody can track from which account the transaction was made, how much money was transferred, and by which account it was received. No, these accounts are not connected to names and surnames, but these are easily trackable by IP. There is a limited number of currencies the main task of which is totally anonymity of transactions (Monero, Zcash, Verge and others). But the result of this anonymity is, as a rule, longer time of transaction and its higher price, and difficulty of conversion due to lower liquidity. It cannot be absolutely excluded that bitcoin might be used in illegal deals, as any currency in the world, in cash or in a cashless way. But incredibly much more often it is the cash, in particular, dollars, which is used when financing terrorism of laundering money, but the very thought of banning cash sounds absurd. Notwithstanding all the novelty that comes with cryptocurrencies, the most anonymous and safe way of transaction is giving money from hand to hand. That is why the majority of illegal deals are done with the use of cash. As before, using cash remains more anonymous and complicated for tracking than most of cryptocurrencies. And what do you think? Do you believe that cryptocurrency is only good for illegal deals?
Level 1
RE: BestChange monitor is your exchange helper
Posted 6 days ago
What did people use for trading before money was invented? Find out how the first coins were created, why paper money was first introduced and all the discoveries and social changes that led to our current monetary system. Before money people used bartered goods as payment; for example, animal hides and teeth. Livestock was the most valuable commodity. Shells were also used; snail shells were very popular in China. Other goods used for payment were tools, beads, salt, crops, weapons and tobacco. The first standardized coins were created in what is now western Turkey by King Alyattes around 7th century B.C. They were made of electrum, a naturally occurring amalgam of gold and silver. In Rome, coins were minted near the temple of the goddess Juno Moneta, which gave us the words "mint" and "money". Offa, an Anglo-Saxon king, introduced the first English coin known as the penny around 790 A.D. Because of a copper shortage, China introduced the world’s first paper money in the 9th century - 700 years before Europe did so. In the 1500s the St. Joachimsthal mine in what is now the Czech Republic introduced large silver coins called thaler. The Spanish version of the thaler became the first worldwide currency. The English called it the dollar, and the U.S. dollar was based on it. Modern Money. The first U.S. government-backed paper bills were introduced during the Civil War. The term "greenback" comes from the intricate designs on these bills, meant to prevent counterfeiting. The largest bill in history was the 1946 Hungarian 100 million Pengo; the name was spelled out on the bills since so many zeroes couldn’t fit on the banknote, but it was only worth $0.25! The $100,000 1934 Gold Certificate was the largest bill ever made in the U.S. It was used for Federal Reserve transactions and not released to the public. The largest coin ever minted was in Australia in 2011 weighs about a ton. A U.S. nickel weighs just 5 grams—roughly as much as a hummingbird. As of 2018, there are 180 different currencies used around the world. Bitcoin, invented in 2009 by the pseudonymous Satoshi Nakamoto, became the gold standard--so to speak--for virtual currencies. Virtual currencies have no physical coinage. The appeal of virtual currency is it offers the promise of lower transaction fees than traditional online payment mechanisms and is operated by a decentralized authority, unlike government issued currencies. Despite many advances, money still has a very real and permanent effect on how we do business today.
Level 1
RE: BestChange monitor is your exchange helper
Posted 9 hours ago
Back in February, the Shift Card service, which used to issue debit Visa cards with a possibility of using cryptocurrencies, announced their closure. But the service was succeeded by one of the largest cryptocurrency exchanges Coinbase. The representatives of the exchange announced launching debit Visa cards with a possibility of payment with cryptocurrencies from the exchange account of the user. It is announced that Coinbase Card will support all cryptocurrencies available at the exchange, and the users will be able to spend them on any purchases, whether it would be food in supermarkets or public transport tickets. The conversion process will be automatic and instant at the moment when the user makes a transaction using the card. The exchange’s clients will be able to choose the cryptocurrency they are planning to spend on purchasing goods with the help of a special mobile app. Moreover this app features an option of receiving a check, viewing transaction and purchases categories. The British payment operator PaySafe will be issuing the cards. For the time being only the UK citizens can use the service, but in a few months Coinbases is going to implement their innovation in other European countries. And what about you – would you like to have such a card? Is there a sense in such cards?