Weekly Update - 10.09.21
/-Welcome to our weekly updates!
/-On this thread, we'll cover a list of various, with a list of all their different APYs available on different platforms and exchanges. We also include a list of various proof of stake and other crypto paired with the best entry prices that we find valuable and safe for the long term. Further down, you'll find a list of all the upcoming airdrops for the week to which you can participate through the CoinMarketCap website. Finally, you'll be able to read a brief summary of all the principal news relative to crypto for the next couple of weeks.
/-If you're new to the sub, scroll down further and you'll find a Guide to Crypto where we've put together a list of the most useful informative videos about crypto and blockchain technology. It also includes a quick guide to the sub and
/-Crypto and their APYs
/-For finding crypto with the best APYs % feel free to use this spreadsheet
/-Credit to moderator u/ashtonlaszlo for sharing it with us.
/-Feel free to contact him if you have any questions about it.
/-Weekly recommendations:
/-$BTC under 44k
/-$ETH under $3.2k
/-$ADA under $2.3
/-$BNB under $390
/-$SOL under $150
/-$DOT under $30
/-$LINK under $25
/-$XLM under $0.3
/-$VET under $0.1
/-$CAKE under $20
/-$CRO under $0.16.5
/-$HBAR under $0.4
/-Community Portfolio Competition Coins
/-$MATIC under 1.2
/-$XRP under $1
/-ALGO under $1.75
/-$UOS under $0.6
/-$QNT under $350
/-ERGO under $14
/-Upcoming Airdrops for the week (you can participate in these through the CoinMarketCap Airdrop Calendar
/-Click here for the full list of upcoming airdrops for this week.
/-Important News/Events:
-
- Ethereum Developer Virgil Griffith Pleads Guilty to Conspiracy Charge in North Korea Sanctions Case. Griffith was charged with violating sanctions law by giving a cryptocurrency and blockchain presentation at a North Korean conference in 2019.
- Bitcoin above 42k support, resistance in the 46k area
- DeversiFi exchange pays over $20M Eth gas fee on a 100k usdt transfer. "The decentralized exchange said Monday that a $23.7 million transaction fee was an “internal issue” and that no user funds are at risk."
- Sources suggest Revolut is planning to release a crypto token.
- China bans crypto for the hundredth time
/-HODL, and have fun! Hope this helps!
/-Contact the mods here:
Guide to Crypto
/-𝐖𝐡𝐚𝐭 𝐢𝐬 𝐫/𝐫𝐞𝐰𝐚𝐫𝐝𝐬𝐟𝐨𝐫𝐜𝐫𝐲𝐩𝐭𝐨 𝐚𝐛𝐨𝐮𝐭 ?
/-On this sub, we will discuss any ways you can earn crypto, through crypto. Whether that’s proof of stake, proof of work, proof of space… But also websites, games and programs which could give you the opportunity of earning crypto for free. Everybody is allowed to post. We welcome experienced people as well as noobs, everybody helps out everybody, you will often get a fast response or feedback from the mods who are each familiar with these subjects.
/-𝐖𝐡𝐚𝐭 𝐢𝐬 𝐚 𝐜𝐫𝐲𝐩𝐭𝐨𝐜𝐮𝐫𝐫𝐞𝐧𝐜𝐲, 𝐚𝐧𝐝 𝐡𝐨𝐰 𝐝𝐨𝐞𝐬 𝐢𝐭 𝐰𝐨𝐫𝐤 ?
/-To learn about what cryptocurrencies are and how Blockchain technology works, , watch this video. It goes through all the bases of cryptocurrency in a very easy way to understand.
/-𝐇𝐨𝐰 𝐭𝐨 𝐛𝐮𝐲 𝐜𝐫𝐲𝐩𝐭𝐨𝐜𝐮𝐫𝐫𝐞𝐧𝐜𝐢𝐞𝐬 ?
/-To buy cryptocurrencies, you buy through exchanges like Coinbase, Binance, KuCoin, or Crypto.com for example. There also exist decentralized exchanges like Pancakeswap or Uniswap. There are hundreds of exchanges out there but the most famous and established ones are Binance and Coinbase. While Binance has a much wider variety of different crypto and lower fees, Coinbase has a much more simplistic platform and friendlier interface. Here a some links to a few exchanges to sign up if your interested, by using these, you will both get benefits:
/-Primary Exchanges:
𝐁𝐢𝐧𝐚𝐧𝐜𝐞 referral (for 10% off commissions): click here
𝐂𝐨𝐢𝐧𝐛𝐚𝐬𝐞 referral (for $10 once you buy or sell $100 of crypto): click here
𝐂𝐫𝐲𝐩𝐭𝐨.𝐜𝐨𝐦 referral (for $25 on sign up): click here
Celsius referral (for $40 in Bitcoin once you buy or sell $400 of crypto): click here
/-Feel free to dm the mods if you want to sign up on any other exchanges and are looking for a referral code. You can also make a post asking the members.
/-𝐖𝐡𝐚𝐭 𝐢𝐬 𝐬𝐭𝐚𝐤𝐢𝐧𝐠 ? (PoS)
/-Staking is an activity where a user locks or holds his funds in a cryptocurrency wallet to participate in maintaining the operations of a proof-of-stake (PoS)-based blockchain system. It is similar to crypto mining in the sense that it helps a network achieve consensus while rewarding users who participate. Different cryptos have different reward rates, know as APYs. Most exchanges give you the possibility to stake your crypto, a big staking platform that's become very establishes is Celius Network. Coins and tokens which you can stake are referred to as "proof of stake" (POS).
/-𝐖𝐡𝐚𝐭 𝐢𝐬 𝐜𝐫𝐲𝐩𝐭𝐨𝐜𝐮𝐫𝐫𝐞𝐧𝐜𝐲 𝐦𝐢𝐧𝐢𝐧𝐠 ? (PoW)
/-Bitcoin mining is the process by which new bitcoins are entered into circulation, but it is also a critical component of the maintenance and development of the blockchain ledger. It is performed using very sophisticated computers that solve extremely complex computational math problems. In exchange from lending your hardware to mine crypto, you are rewarded in that specific cryptocurrency. If you're interested in starting to mine, you can contact moderator u/PunkPrince66 who has some experience in the subject.
/-For a 𝐥𝐢𝐬𝐭 𝐨𝐟 𝐚𝐥𝐥 𝐏𝐨𝐒 𝐚𝐧𝐝 𝐏𝐨𝐖 𝐰𝐢𝐭𝐡 𝐭𝐡𝐞𝐢𝐫 𝐫𝐞𝐰𝐚𝐫𝐝𝐬 𝐫𝐚𝐭𝐞𝐬 , feel free to use This Spreadsheet
/-Credit to our mod u/ashtonlazslo for creating it and sharing it to the sub.
/-If you have any more questions or advice to improve this sub, feel free to post or even directly contact the mods who will be glad to help.
/-Enjoy !
/-Contact the mods here:
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