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CRYPTOCURRENCIES

All you wanted to know about crypto world
#Technology
Top Automated Trading Software 2022

One of the most common observations that expert traders make regarding the market is that it is not a place for emotional decision-making. That means that no matter what happens with the trends and ups and downs of stocks and investments, you cannot—rather, you should not—buy or sell because you are very happy or very sad. Doing so will only destabilize your trading mojo.


So, how do you trade without relying too deeply on your emotions? Should you exchange your brains for a microchip, assuming that that is a thing, or should you get something else with a chip to do your trading for you? Better the latter option than the former.


To make trading more convenient for expert traders who don’t have time or traders who just got into the game, automated trading software and platforms abound. With these applications, you can set your wallets to buying cryptos, for example, at particular periods of the day or night time. You can also easily fix limits so that the software/platform would buy and sell when prices reach a particular range.


So, in the spirit of sharing, this article presents 7 such automated trading software.


These are some of the best apps for automated trading that you can rely on in 2022.


1- Pionex


Pionex is a top-class trading software with an extensive catalog of impressive features. Against the norm of allowing you access to quality materials on how to trade, Pionex simply offers you a ton of trading bots that can upend trading bad luck and overturn your fortunes for the better.


Of course, crypto trading is on the top of the Pionex shelf for automated trading, so you can easily build a portfolio without making any brain-crunching effort to understand the market.


Where some software and platforms for automated trading offer only automation and a teach-you-how-to-do-it method, Pionex offers variety. The 18 bots from Pionex are designed differently, each with specific strategies and approaches to building wealth and trader credibility. 16 of these bots are free and built into Pionex’s framework.


So, whether you are trading on your desktop or your smartphone, using Pionex for automated trading will give you the boost you need to take your winnings up a notch. Moreover, Pionex charges only 0.05% as trading fees, which is somewhat cheap for the high-quality trading that goes on with your consent.


2- BitQuant


The majority of software and platforms for automated trading give decorated assurances such as 90 percent success rates. They don’t mention that the risk of you being in the 10 percent that is thrown to the trading success curb is high. BitQuant offers a different kind of assurance.


With BitQuant, it is not about aggregate success rates, but approximate monthly profits of up to 20 percent. In other words, among automated trading software, this novel option allows you to sit and watch as it returns a fifth of your investments to you every month.


Another great thing about BitQuant is that although the trading bots are efficient and effective at what they were designed for, the system still has professional traders who keep an eye on bot activity. Thus, you don’t have to keep punching in the numbers to determine whether or not the trading bots are helping or hindering your progress.


BitQuant is not free, but you can start using it on a trial basis which lasts for an entire week. Within that week, if you don’t see clear improvements in your trading portfolio, you can forget about it. But this never happened for the 10,000 plus traders that are using BitQuant to automate their trading activities and choices.


3- Bitcoin Prime


If you are a beginner at trading, you might want to take advantage of the offerings of Bitcoin Prime. The app was established based on the idea that beginner traders need more than just trial-and-error trading to build impressive portfolios and killer testimonials.


And that is exactly what Bitcoin Prime is all about—turning the greenhorn trader into somebody who only stares at the screen while the app’s algorithm does all the work.


Ideally, automated crypto trading is more than just a means to restrict emotional trading. There is also the advantage of being able to identify profitable cryptos and their trends. This is another feature that Bitcoin Prime has integrated into its framework. In other words, after watching the Bitcoin Prime system run for 1 month or 2, you should be able to understand the AI-driven algorithm well enough to imitate it.


The only catch that users have pointed out about using Bitcoin Prime is the charge: 2% commission on profitable accounts. You will also need to make an initial deposit of $250 so that you can use Bitcoin Prime, which could be off-putting for some traders.


4- eToro


eToro is another incredible trading software that offers automated capabilities for newbie traders and experts. Very much like its peers, eToro’s framework was designed to increase the ease of trading and bolster efficiency to the point where the trader does not do any work except check on their portfolio from time to time.


However, unlike the majority of its peers, eToro focuses on what it calls the power of social investing. All that means that you get access to a very large community of traders when you use eToro. This social trading aspect could save you hours on the internet where you ask questions like, “What is the best crypto to invest in now?”


Trading with eToro does not limit you to cryptos alone, which is a relief considering the near-infinite apps built solely for crypto trading. Instead, eToro is fitted with features to assist you with stock and forest trading. Thus, you will not need to shuffle between automated trading software offerings since eToro covers all the needed bases.


Another awesome thing about eToro is that it does not charge commission fees for stock trading. There are tools for expert trading with options for periodic risk rating, drawdowns, etc. on eToro. Moreover, it is regulated, meaning that your assets are as safe as they can be.


5- NFT Profit


Yes, we just highlighted the assurances that automated trading platforms report about themselves and how they often leave out the high risks of failure for the individual trader. Well, NFT Profit assures the trading community of a 99.6% success rate. The margin for failure is smaller, so using the software is a smart choice.


The main bite of NFT Profit, as you can tell from the name, is that it is particularly geared towards the buying and selling of NFTs (non-fungible tokens). Thus, it is a dedicated automated software trading app for crypto traders looking to grow their NFT assets, collectibles, and other tokens for digital art—all of this without the requisite hours of intensive research.


Considering the rarity aspects of NFT trading, generally, NFT Profit is optimized to let you place orders and execute them when necessary. Moreover, it has a tracker that lets you know when there are incredible offers on NFT markets.


All in all, NFT Profit is a reliable software for automated trading. It is also commission-free, although you have to deposit $250 to use the software as it was designed to be used.


6- Learn2Trade


There are different types of traders with different personality types. Some want to relax and draw on the leading characteristics of automated trading software which is automated trading. Others, however, prefer a more hands-on approach. Learn2Trade was designed with the latter category of traders in mind.


Learn2Trade offers you some control over your trading, even though it is still automated. The platform framework was built to accommodate learning, so there are more materials on trading stocks, forex, and cryptos than you will find anywhere else.


Maybe the best part about using Learn2Trade is that it is optimized to give you trading signals for free. This means that you can position yourself ahead of time to make a killing in the trading market.


Also, although Learn2Trade charges around $43 every month, you can use its trial version which is only valid for 3 attempts every week.


7- Ninja Trader


Most of the software/platforms for automated trading that we have highlighted thus far were mostly built with newbie traders in mind. Ninja Trader, on the other hand, was built for expert traders and is thus tailored for advanced trading and strategizing.


Ninja Trader offers a truckload of features for automated trading. Some of the most remarkable of these features include simulation and backtesting, tools for building robust and integrated trading apps, and more.


So, Ninja Trader does not only allow automated trading but is also relevant to researching the market. Its chart capabilities are virtually unmatched among its peers. Thus, to use Ninja Trader is to position yourself for an increased understanding of the dynamics of realistic and profitable trading.


And those are the top 7 software/platform for automated trading. However, whether you decide to rely on Pionex’s trading bots from 2019 or BitQuant’s recent but innovative framework for trading, there is currently no automated software to help you make that kind of decision.

#Regulation
Implications of the Australian Crypto Regulatory Framework

Introduction


The crypto industry in Australia has begun to undergo a much-needed process of transformation and standardization. The current administration is doing what it can to ‘ground’ the industry and its offerings so that they are more tangible, transparent, and reliable. The result of the government’s efforts is the regulatory framework that will now be employed to manage the activities of the crypto industry in Australia. And although regulation typically suggests some level of control and restriction, the core of the new crypto rules in Australia is normalization.


Australia is not the first developed country to take a regulatory stance as regards the crypto industry. Some of its peers have long stamped their approval, while others are working overtime to shut down crypto activities within their economic borders. With Australia’s new regulations, the country has deliberately chosen a side. As such, it will now be listed among the nations that promote crypto activities. More than that, Australia is now one of those that have placed custody regulations on the industry.


Let us see what all that is about and what it means for the average Aussie.


The Stipulations and Objectives of the Regulatory Framework of the Crypto Industry in Australia


The stipulations of the Australian crypto industry regulatory framework can be summarized in three points:


  1. that secondary service providers of all things crypto will have to acquire the license to operate in Australia. These providers include crypto exchange platforms, brokers, management businesses tasked with overseeing crypto-related activities, and NFT (non-fungible token) market operators;
  2. that in addition to registering with the government, crypto-related service providers will have to adhere to the conditions for operations, including joining the government’s policing efforts against fraud and money laundering;
  3. that licensed crypto organizations will provide better guarantee and security to customers, thereby boosting the confidence of said customers to engage in crypto-related activities armed without having to worry about unreasonable risk and loss.


The new framework for the operations of the crypto industry in Australia is all about one thing: custody regulations. Put simply, the regulatory framework allows the government to hold every individual or organization involved in crypto activities to account. Consequently, crypto service providers will come under the supervision of the framework and be made to answer for whatever shenanigans mischievous crypto platforms and proponents may devise.


The ultimate goal of the regulatory framework is to create a convenient and reliably organized economic environment for Australian crypto users and investors. This will also drive home the certainty for crypto-asset businesses, reinforce their goals, and protect their customers. The stipulations of the regulatory framework are thus straightforward and can be relied on for consistency.


Furthermore, the framework is part of the necessary steps to ensure that the crypto industry in Australia has a focused direction of growth. It is also a mandatory process to increase the confidence of the Australian government and people about the crypto industry. After all, a fraction of Australia’s future, in the form of its people, has committed to the crypto industry. As such, keeping this fraction from harm’s way (economic hardship from poor financial decision-making) is a reasonable course of action. And that is the purpose of the new rules in a nutshell.


The Implications


There are several positive implications of the framework, especially for Australian crypto users and investors. These are highlighted and developed in the subsequent subsections.


Regulatory certainty for crypto asset businesses


The foremost provision for the Australian crypto regulatory framework is that every company, agency, or business outfit associated with the creation, handling, or supervision of crypto-related things will have to adhere to the new rules. This is the core of the matter. It means that organizations that are crypto-related in their primary or secondary goals have to abide by rules moving forward. It also means that such organizations must answer to the Australian government if things go any way other than expected.


As a result of this renewed basis for organizational accountability, crypto users and investors will be able to trust the guarantee of secondary service providers. Ideally, crypto investors will be able to choose crypto establishments based on shareholder objectives and will be more assured of what they are getting into every time.


Transparent user and investor protection


With the stipulations for the registration and licensing of secondary crypto service providers, crypto users and investors will now be able to peg legitimate operators. This is the equivalent of unmasking service providers to ensure that the crypto ecosystem is now transparent. As a result, users will be better protected against the wolves and bandits that would want to take advantage of the privacy components of the crypto-verse.


Also, the new regulations ensure that cyber-security measures are now buffed up so that users are no longer exploited for their ignorance. Platforms no longer have the right to provide the barest information on their offerings and the risks involved. Essentially, platforms have to be nicer or face the wrath of the government.


Also, users are now protected against unnecessary risks. Crypto platforms have to offer options for fund recovery in the face of unreasonable loss. This is expected to put an end to crypto platforms running away with investor funds or deliberately using these funds for something other than they claim.


Increased breadth of innovation for crypto developers


The stipulations for secondary crypto service providers have indirectly created a gap between ‘primary’ crypto developers and the intermediating service providers. The primary developers are not subject to much of the regulations except where it might negatively affect Australian crypto users and investors. But service providers will have to bear more responsibility in assuring the government and people that there would be no overwhelming loss.


The goal of the framework in this respect is sustainable development. In other words, no entity will have to be cheated so that another would gain, and crypto service providers now bear the onus of ensuring a fair market. As such, crypto developers are at liberty to renew, remodel, and create new projects and technologies to advance the use and applications of blockchains and cryptos.


Reduced laundering risks


The government also gets to benefit directly from the regulations. For one, the rules now ensure that organizations that are crypto-related in any way have to adopt operational ethics and values against fraud and fraudulent activities. It does not matter if this fraud takes the form of rug pull or money laundering exercise. As long as there is a high possibility of someone being conned using their platform, the government can legitimately fine such platforms or shut down their operations.


As a consequence, crypto-related organizations have joined the anti-money laundering policing efforts. As such, there is a greater possibility of stamping out the cancer of fraud, thereby cleansing the Australian investment economy and improving its ranking on the global board of corruption. An economy that is deemed to have integrity draws all kinds of investment opportunities from all over. Therefore, it is only a matter of time before the joint efforts of the Australian government and the crypto industry yield greater benefits.


Once again, crypto users and investors will be more self-assured knowing that tech-armed bandits will be severely punished. And where there is a dispute regarding the ownership of crypto tokens and investment blocks, the regulatory system will allow for straightforward resolution.


A higher level of confidence in the crypto industry


The hallmark of the regulatory framework for the operations of crypto service providers in Australia is bureaucratic certainty and user confidence regarding the crypto industry. The ultimate game is to remove unnecessary uncertainty and financial insecurity, especially for first-time users and investors. Currently, the majority of Australian crypto traders and investors depend on the reputation of crypto platforms as a form of insurance against dubious activities. But this means that users would lose out on the opportunities afforded by new and genuine crypto platforms. With the regulations in effect, users can trust the system and its operators, and be confident in their choices.


Also, crypto users and investors will no longer have to rely on expensive methods to protect themselves from the knotty frameworks of the still-growing crypto industry. The regulations will increase the transparency of the industry. This is especially so for novel but complex innovations, concepts, and opportunities. In brief, users can now take advantage of the entire range of crypto opportunities and offerings, adjusting to the right amount of financial risk and trading or investment complications.


Conclusion


It is important to note that the regulation is based on the findings of evidence-based research, which is why it was derived from a ‘token mapping’ exercise. The implication of refusing to adhere to the regulations is that crypto users will have to look elsewhere to use crypto services confidently. In other words, it will show that the crypto-related platforms operating in Australia have something to hide, intend to exploit and prey on Australians, and consequently cannot be trusted. But trust is a fundamental component of the crypto industry, and the reinforcement of this component is good news to crypto users and investors everywhere and every time.

#Cryptocurrency Market
Ways to Protect Your Privacy in Crypto

The crypto-verse has moved from the first stage of foundation-building and establishment. Virtually every developed and developing nation in the world today has a share in the global crypto pie. As a result, the current crypto era is all about innovation and the adaptation of blockchain solutions to a variety of old and new problems. But, the crypto industry has to overcome some of the present hurdles first, including the rise in regulations and the relegation of user privacy.


Regulations are popping up left and right. Governments are fighting to safeguard their economies from overexposure to criminal elements. However, crypto proponents are also doing their best to ensure that the entire blockchain ecosystem is not criminalized because of some mischievous users. In the meantime, innocent users are lost in the middle, pondering whether anonymity and privacy are still genuine components of crypto.


The crypto industry has an odd relationship with privacy issues. On the one hand, due to the public verifiability of transactions, the movement of money is easily traceable. On the other hand, privacy and confidentiality are core pillars of the crypto-verse. The system is thus balanced since it offers users a variety of ways to maintain their privacy. However, now that more governments are taking more active steps towards streamlining the crypto industry in a way that they can manage, the balance of security and privacy in the system is no longer reliable.

So, to ensure that your crypto assets, investments, and activities are private, here are 5 things you can do.


1- Use Multiple Addresses and Wallets to Receive Payments


The way blockchains operate, anyone who knows your address on the blockchain has automatic access to information that is supposed to be private. Say you want to pay a customer in crypto and exchange addresses. This customer can use any number of tools, including a block explorer, to check your transaction history and find out the size of your crypto pocket.


One of the easiest ways to get out of this situation is to use a new address every time you have to engage in crypto transactions with someone. This helps you spread your activity and asset tracks across a wide range of wallets and addresses. When people look up the address you gave them for a transaction, they will not be able to find out the size of your crypto assets or even the entirety of your transaction history.


You can also be a bit more systematic by using several different wallets at the same time. With each wallet holding a certain amount of your investments and transaction history, you will be able to hide the majority of your crypto activities. This is another reason prominent crypto enthusiasts have accounts with multiple crypto exchange platforms. Each of these platforms serves as a separate bank, so to say, where they can create multiple wallets and use crypto addresses that help them shield their assets and activities from scrutinizing minds.


2- Use Crypto Platforms that Value and Prioritize Privacy


It is a fact that all crypto platforms, decentralized or centralized, are supposed to prioritize user privacy and security. This is because privacy and security are core components of the crypto-verse, ensuring that blockchains are not perpetually vulnerable to malicious break-ins. However, even though crypto exchange platforms are supposed to be user-centric and therefore give precedence to user security and privacy, this is not often the case.


To be fair, crypto platforms cope with many challenges. They have to ensure efficient transactions, deal with verification problems, maintain liquidity pools, and monitor the flow of tokens per time. Even though automated systems are employed for these functions, these systems are not omnipotent. Therefore, the crypto-verse is made up of many crypto platforms that are biased towards one or two of the foundational components of blockchain technology.


So, very few crypto platforms can effectively handle multiple components at the same time and therefore promote all the advantages of using crypto instead of the old system. You should be on the lookout for these innovative platforms because they use novel methods to prioritize user security and privacy.


One such crypto platform is Kyrrex, the innovative digital bank for all things crypto. The platform prioritizes several core crypto components, including security and privacy, transaction speed, trading ease, wide-range online integration, and user access to support. It uses hybrid cryptographic encryption methods to ensure that user data is hidden behind multiple layers of database security.


So, instead of using platforms that promote anonymous crypto trade or those that say nothing about the privacy and confidentiality of user data, use platforms that value and promote the safety of user assets. This choice covers you from virtually every danger of privacy violation, leaving your crypto exchange platform to worry about privacy and security concerns.


3- Use Crypto Privacy Tools


From the way crypto critics talk about the porosity of blockchain ledgers and transactions, you would think that every exchange ends up with one side more vulnerable to the assault of hackers than before the transaction. In truth, security and privacy are fundamental components of the crypto-verse, so every platform regards these components highly. (Only that some platforms, as we have shown, are more particular about them than others.) Therefore, there are privacy tools specially designed to promote the confidentiality of crypto users. Examples of such tools are zero-knowledge proofs, mixers, and ring signatures.


Consider zero-knowledge proofs. These are handy privacy tools because they are straightforward in their function. These proofs enable a user to confirm that they validated a particular crypto transaction and do so without having to provide their public keys to be believed. Ordinarily, publishing your wallet address is the traditional method of verifying transaction claims. However, with zero-knowledge proofs, you don’t have to give away your public address.


Zero-knowledge proofs are a derivative of zero-knowledge encryption, a system that ensures that a user’s access codes are only known to the user and no one else. So far, this system has been adopted in crypto security with the proofs. However, efforts are being made to fully adapt them such that they can become core features on every crypto exchange platform and service. That way, blockchain ledgers can remain transparent at the same time that users can shield their crypto activities and assets from other users and platforms.


Mixers and ring signatures serve similar functions in using both simple and complex methods to hide details of user transactions. Mixers, especially, require a third party whose database becomes the exchange point between crypto users. Therefore, transactions will be traced to the third party instead of the engaging crypto user.


All these tools are useful for protecting user crypto assets, activity, and privacy. Many crypto exchange platforms use them in one way or another. Therefore, you can rely on them as well.


4- Use Reliable VPN


VPNs have become one of the most convenient and valuable features for digital privacy and security. The best selling point of these services is that they can hide your online footprints, especially your IP address, from web trackers, governments, and even some crypto platforms. Therefore, using VPNs whenever you trade in crypto is one of the surest ways to preserve your privacy.


Every knowledgeable crypto user knows that some crypto platforms log users’ IP addresses to increase the efficiency of their services. The problem with this is that whenever hackers gain access to these platforms, they can make away with this information. Once this happens, you can expect clever hackers to try to make as much profit from their theft, including tracing your crypto transactions and finding out ways to defraud you eventually. When you use a good VPN that prevents any platform from logging your IP address, you remove yourself from this narrative of hackers and possible fraud.


One thing to keep in mind is that all VPNs are not the same. To use George Orwell’s words, all VPNs offer privacy values, but some VPNs offer more privacy values than others. You can be sure that premium VPNs (those whose services you have to pay to use) are generally more secure and reliable than free VPNs. So, to be safe, never use a free VPN with your crypto transactions.


5- Use Social Media with Crypto Addresses and Engagements with Care


The easiest way to lose your privacy and be flushed out of your crypto anonymity bubble is to engage social media with your crypto activities. Social media space is virtual, yes, but it is also all-reaching. With many online platforms integrated, every internet user is a flashing point that can be identified on the web. So, when you publish aspects of your crypto activities on social media, you are essentially throwing out pieces of meat and waiting for wolves to trace them back to you.


Granted, there is no reason a rational crypto user would want to have their crypto activities and assets exposed to the world. We all value our privacy, especially as it has to do with financial assets. But it is also very easy to accidentally compromise this privacy on social media.


Say, a celebrity asks their followers to drop their wallet addresses online so they (said celebrity) can give them (the followers) crypto for free. Once these addresses are posted online, they are almost certainly forever ‘inscribed’ on the walls of that social media platform. Any Tom, Dick, and Harry can follow these crypto addresses back to the user, look into their history, and think up ways to take advantage of them.


So, pay extra attention to how you post your stuff on social media. Keep in mind that it is difficult to erase online posts and that there is no steel-solid guarantee that hackers will not break into your social media accounts, even if temporarily. Therefore, endeavor to keep from posting your public and private keys online, whether in private chats or public posts.


So, to conclude, user privacy is very important to the crypto-verse. The appeal of the blockchain revolution is that it grants users more freedom over their assets and financial choices. However, once user privacy is compromised, this freedom counts for nothing. Therefore, the suggestions submitted in this article are simple but effective in safeguarding your place and future in the crypto-verse.

#Announcements
The Kyrrex Birthday Cup crypto tournament is started!

Kyrrex has recently celebrated its 4th anniversary and presented a Tournament Platform for our users. We have worked for a long time so that every crypto trader can earn extra profit while trading with Kyrrex.


Now, it's time to launch the first Kyrrex Birthday Cup crypto tournament dedicated to celebrating the 4th Kyrrex anniversary with a prize pool of 10,000 USD! If you are fond of trading and winning valuable prizes or rewards, here's your chance. Get in! 


Every Kyrrex user can participate in the tournament regardless of experience. The participation rules are simple and easy to understand, even for newbie crypto-enthusiasts.


Here are some tournament terms:


▪️ Prize Pool: 10,000 USD (in KRRX tokens)

▪️ Tournament Duration: 27.09.2022 –25.10.2022

▪️ The Main Conditions: register, trade, and get rewarded for active and profitable trading during the tournament (prize pool will be distributed among winners based on the ROI)


Prize Structure:


#Ethereum
Everything You Need to Know About the Upcoming Ethereum Merge

Dear Users,

 

The Ethereum network is undergoing a series of upgrades, introducing dozens of changes to the network, including a move from the Proof-of-Work consensus mechanism to Proof-of-Stake.

 

Monday’s successful activation of the Bellatrix upgrade is one of the final steps before the completion of the Merge, a software update that is expected to be completed between September 13-15.

 

Kyrrex supports the Merge, providing the highest level of security and privacy for users. If the Merge is successful, ETH holders (in wallets, in staking, or in orders) will receive the updated ETH tokens by airdrop on a new consensus.

 

However, deposits and withdrawals on the Ethereum network will be temporarily unavailable during the upgrade. After the successful upgrade, all ERC-20 functions and operations will be restored on Kyrrex.

 

Trade ETH


What is the Merge (Ethereum 2.0)?


The Merge represents the joining of the existing execution layer of Ethereum with its new Proof-of-Stake consensus layer. It eliminates the need for energy-intensive mining and instead secures the network using staked ETH. A truly exciting step in realizing the Ethereum vision – more scalability, security, and sustainability.


Why it's important?


Ethereum will likely hold center stage for weeks, as crypto investors await the results of the Merge, which was first announced in December 2020. With the move, minting new Ether tokens will consume much less energy than before. The potential also exists for the supply of Ether to become reduced post-Merge, which would make it a deflationary currency. A more limited supply of ETH will likely lead to higher valuations for holders.


Use this opportunity for your profit!


Regards,

Kyrrex team 

#Digests
Step by Step Guide: How to Delete Crypto com Account?

There was a time when every newbie to the crypto industry had to have a Crypto.com account. Because of the exchange platform’s advantages, including its extensive list of popular cryptos and low taker fees relative to other platforms, it was very popular. But with the introduction of more radically effective and innovative platforms, things are different now.

Maybe you want to delete your Crypto.com account because trading on the platform is expensive unless one has a lot of its native token. Or maybe you can’t make heads or tails of its trading fee discount tiers. Whatever the case, as long as you are not pulling out of all things crypto and simply want to delete crypto com account, this article is for you. In this article, we show the requirements you need to delete crypto.com accounts.


But, first, a set of disclaimers.


Disclaimers


  1. No restoring account after deleting it. The most important thing to note about deleting Crypto.com accounts is that you cannot restore the account after successfully deleting it. The platform generally immediately complies with such requests, so your data is locked out of use. As a result, there is no way to recover anything from the account after you verify your request to erase your data from the platform.
  2. Any attempt to use Crypto.com in the future would require a new registration. Following every successful account removal from Crypto.com, users will no longer be able to use said account in the future to access anything. In other words, the only way for an old Crypto.com user to access the platform’s services is to register afresh. This new registration process will not be different from the first and will include even the tedious KYC (Know Your Customer) verification procedure.
  3. Even after deleting your Crypto.com account, your user data is not immediately erased. According to the terms and conditions of Crypto.com, your user data will be stored for at least 5 years, and only afterward will it be removed from the platform. Of course, this does not mean that you can recover the data in the meantime. It also does not mean that the platform will use the data for anything untoward. It only means that similar to how other crypto exchanges run their platforms, nothing is ever really lost at Crypto.com, until after 5 years, at least.
  4. Regarding balances. Regarding your balances, you should endeavor to clear them before deleting your account. Otherwise, they are gone and gone forever. The only condition to keep in mind on this front is that you cannot withdraw below the minimum withdrawal limit. Therefore, if you intend to clear out your entire account without leaving anything behind, you have to reach out to the Crypto.com support staff. Also, make sure to settle pending transactions because, once again, deleted accounts are irrecoverable.
  5. When you need to pay to delete Crypto.com accounts. Deleting Crypto.com accounts is generally free. The only instance in which you would be required to pay anything to successfully have the platform erase your information is when you have an active Crypto.com VISA card. In such cases, you have to pay 50 USD before the platform would comply with your request to delete crypto com account.


Requirements for Deleting Crypto.com Accounts


You cannot willy-nilly delete a Crypto.com account. Here is a list of the things you need to have.

  1. Access to the email address you used for registering with Crypto.com.
  2. A structured email with “Close Account” as the heading.
  3. An image showing you holding a piece of paper with your full name, current date, and ‘Crypto.com.’


Steps How to Delete Crypto com Account


Step 1: Construct Email


The first step to deleting your Crypto.com account is to craft a well-structured email. Crypto.com only complies to requests to delete accounts when these requests are forwarded to the platform via email. So, construct an email with ‘Close Account’ as the heading (or subject) and the email address you used to register your Crypto.com account.


Step 2: Attach Photo of Self Holding Necessary Documents


The second step involved in deleting your Crypto.com account is to attach an image with the necessary details to confirm that the account is yours. These details include a clear image of your face, your full name, the current date (MM-DD-YYYY or DD-MM-YYYY), and ‘Crypto.com’ written underneath. So, you can use a plain sheet of white paper to write your name, the date, and the name of the platform in very clear and legible print. Once you have determined that the print is clear enough, hold it to your chest and take a clear shot. Then attach this shot to your email.


Step 3: Send Email to Crypto.com


Having attached the image of you holding a piece of white paper to the email, make sure to send the email to contact@crypto.com. This is the approved email address for deleting Crypto.com accounts. Don’t send the email to Crypto.com mistakenly as such emails will not be attended to, assuming they deliver.


Step 4: Expect a Response Within a Day or Two.


After sending the email to the correct address, you have to wait between 24 and 48 hours for a response from Crypto.com. If you don’t get a response, it would mean that the information you included in the email is incorrect. So, make sure to go over said email, especially the address from which you intend to send off the request.


Step 5: Delete All Apps Associated with Crypto.com on Phone and Web Browser.


Once Crypto.com has confirmed your request, you can go ahead and delete every app or file associated with Crypto.com on your mobile phone. You should do the same with your web browser. This will save you from having your data invariably transmitted to the platform.


As long as you follow the steps cited above, you will be able to successfully delete your Crypto.com account.


Kyrrex crypto-fiat bank

#Technology
Opera's Innovative Crypto Browser Lands on iPhones and iPads

Opera's acclaimed Crypto Browser has finally found its way to iOS devices, paving the way for iPhone and iPad users to access decentralized browsing with a built-in crypto wallet. 


The mobile browser was previously available on Android devices only. The latest development means users can now access web3 on all major mobile phones and tablets. The browser is also available on Windows and Mac. 


The dedicated crypto browser is Opera's response to the need for an all-inclusive web environment where new and veteran crypto enthusiasts can interact with dApps in an efficient manner. The browser's list of supported blockchains includes Ethereum, Polygon, Celo and Bitcoin. The browser lets you do all your crypto without the need to install extra apps or extensions. You can even use third-party wallets in the app, making it an all-in-one expansive crypto experience. 


Key Features Coming to iOS 


The Opera Crypto Browser provides deeper functionality for crypto enthusiasts to utilize. Opera says users can use the browser as their one-stop-shop for cryptocurrency-related information thanks to the Crypto Corner. This curated and integrated newsfeed-like feature provides instant and updated access to the latest happenings in blockchain. In one spot, users can learn about the newest airdrop campaigns, crypto news, events, calendars, NFTs, and get educational content in written, audio and video forms. 


Here are some other features of the browser:


  • The Opera Wallet. A native non-custodial wallet usable to access owned tokens or connect to dApps on supported blockchains. 
  • Secure, Self-Monitoring Clipboard. Users no longer need to rely on the device clipboard to copy wallet addresses. The inbuilt clipboard self-minitores and prevents intrusion from other apps. 
  • VPN-Enabled. The browser features Opera's proprietary VPN, alongside an ad-blocker and tracker blocker. 
  • Secure cEX Operations. Crypto Browsers enables users to securely access and operate their accounts on the web version of centralized exchanges like Coinbase, Kyrrex and Binance. 


A Layer-2 Enabled Browser 


“The Opera Crypto Browser Project was built to simplify the Web3 user experience that has often been bewildering for mainstream users. Opera believes Web3 has to be easy to use in order to reach its full potential and a mass adoption,” Jorgen Arnesen, executive vice president of Mobile at Opera, said in a statement. 


To this end, the company has partnered with DeversiFi and StarkWare to integrate Layer-2 into the browser. This provides users to much faster, low-cost transactions and instant trading. This feature will be available on both the iOS and Android mobile apps and is part of Opera's commitment to making web3 easier for everyone.


Opera's inclusion of Layer-2 tech will also help address concerns regarding the high power consumption of blockchains like Ethereum. 


What's in it for Crypto Users? 


So, the iOS version of Crypto Browser has landed, great. But what does it mean, in practical terms, for the everyday user? 


Firstly, it means that you no longer need to download several applications to handle different aspects of your crypto experiences. 


Do you want the latest crypto news, you can find it in Crypto Corner. 


How about instant access to your Ethereum wallet? No, you don't need to download Metamask: You can access your funds with the integrated wallet here. 


Fine, you'd like to connect your wallet to your favorite dApp? Say no more Crypto Browser is there for you. 


In essence, the browser simplifies what can be a stressful exercise of using multiple apps to keep tabs on things and do stuff. 


How to Install Opera Crypto Browser 


The official Opera Crypto Browser is now available on the Apple App Store and it's absolutely free! Hidden charges? Nope. In-apps purchases? Nah. 


Simply open the Store, search for the app, install it, and enjoy next-level web3 service on a mobile browser. 



Bonus advice


You may be interested in secure crypto trading Kyrrex app:


#Ethereum
Ethereum Merge & the Future of ETH Proof-of-Work

Ethereum’s Merge is the latest narrative in the blockchain and crypto industry, taking up more and more of investors’ contemplations and raking up greater uncertainty about the future. Characteristically defined as Ethereum’s move away from a consensus mechanism driven by proof-of-work (PoW) to one driven by proof-of-stake (PoS), the transition has stirred up varying actions and reactions. Is this the end of an era, the cusp of standardization in the crypto industry, or a tumble down the rabbit hole?


The Merge, otherwise known as the coming of Ethereum 2.0, is imminent and anticipated to revolutionize Ethereum’s ecosystem. The migration from PoW to PoS will not only open up more doors for users to earn tokens; it will also amplify ETH’s usability, improve the blockchain’s scalability, and make it more secure.


But the past is a foreign country and the future is even more unfamiliar. Therefore, mixed in with the expectation of PoS benefits is a shedload of worries. Will the new system of Ethereum cryptocurrency jettison mining opportunities? And if it does, what is the future of the current PoW protocol?


Vestiges of the Past and Vanguards of the Future


Considering that Ethereum is a leading crypto chain, its anticipated exodus from PoW to PoS is very likely to impact the entire crypto industry. Faced with the imminent migration, users are asking, “Can I mine Ethereum after the Merge?” and, “what will change after the Ethereum Merge?”


Regarding whether the new framework for the Ethereum cryptocurrency will jettison mining and PoW altogether, the answer is not certainly yes. Yes, the Merge is a watershed event that will likely chuck the crypto industry from the position of instability and uncertainty that currently characterize it. But there are bound to be vestiges of the old system that will continue to work, at least until the PoS protocol is fully and irreversibly implemented.


Certainly, with the Post-Merge, the Surge, the Verge, the Purge, and the Splurge in view, it is a golden age for some users. Despite the nebulous outline of the future of PoS, a fraction of Ethereum’s user community is confident in the evolution of blockchain’s architecture. So, for the fraction that is still hesitant about joining the PoS wagon, will it be the Blue pill or the Red pill?


Perhaps a bit of information will help users decide, not that user decisions will forestall the release of Ethereum 2.0.


The Merge


The Merge centers around Ethereum’s PoW protocol fusing with Beacon Chain’s PoS system to create one new PoS framework. The product of this fusion is a consensus mechanism that promotes all-around user participation and greater decentralization than the current framework of PoW can provide. In short, the Merge is all about Ethereum’s protocol redesign which allows token holders to earn a bit extra as transaction validators provided that they are willing to stake their assets with the network.


So, apart from the advertised pros of the Merge for users, what is the rationale for the movement from PoW to PoS? The most frequent justification offered in response to such inquiries is that PoS is more environmentally friendly. Therefore, the protocol is safer regarding the principles of sustainable development. Also, the move will put the crypto industry under the spotlight, this time for good. Also, transactions on the chain will be faster and more secure.


In short, Ethereum’s Merge is a leading-edge upgrade that can define the direction of blockchain tech for the next decade or more. Better yet, the Merge will redefine the hitherto dilatory expedition towards genuine peer-to-peer transactions, smart contracts, and all the other trappings of the blockchain-enabled utopia.


Between PoW and PoS


At the heart of Ethereum’s Merge narrative are the PoW and PoS consensus mechanisms. These are trade protocols that indicate who validates records of transactions and how. In PoW, the system allocates rewards to miners based on how much computational power they can commit to the system to validate transactions and create new ETH. On the contrary, PoS involves the system randomly selecting users to do the same thing, except without conditions on computational might.


So, with PoW, miners earn validation rewards based on their mining work. Thus, more mining equals more rewards since the mechanism requires miners to solve cryptographic puzzles to validate blocks, thereby creating more tokens for use and distribution, and getting clearly preset rewards. In contrast, validators on the PoS framework earn rewards based on how much ether they've staked. The higher the stake, the higher the rewards.


Responsive Market Conditions, Miners’ Optimism, and Unshakeable Tokens


So far, even though the Merge is yet to be implemented in its entirety, there are indications that post-Merge market and trading conditions will rattle things up a bit. This is already the case with the reports that adaptive Merge models are up and running. These reports are driving the crypto market and are expected to continue to do so. ETH is already up and growing, and smart traders and investors are taking positions foreseen to yield significant returns in light of the murky PoW-PoS scrimmage.


With every gain on ETH in response to the exodus to ETH PoS, some miners are strengthening their resolve to stick around after the Merge occurs. These are the miners that will likely go on accepting and validating transactions despite knowing that these transactions may turn out to be ghost variations of the real thing that is happening over at the PoS side of the Ethereum bench. After all, even though the Ethereum PoW algorithm may continue to recognize their work to add new blocks to the network, the tokens they get in return will likely go SNAP! after the Merge.


Then there is the matter of the ETH PoW tokens. The future of these is also unclear. There are indications that Ethereum developers will create parachains to serve as the bridge between PoW and PoS. Maybe (and this is a big "Maybe") popular applications like Metamask will allow the full integration of tokens from both chains, thereby preventing the Ethereum ecosystem from divesting users of access to PoW tokens.


The future of the Ethereum mining pool is also subject to much scrutiny with most experts expecting the spotlight to shift to staking pools. 


The Left-Behind Narrative for PoW Miners


One of the foremost knock-on effects of the Merge and an indication of the future of ETH PoW is the changing status of miners. From being the core component of the PoW engine to unusable appendages in the PoS framework, the traditional concept of crypto mining has been effectively tossed aside.


Miners will have a lot of hardware and software just lying around, all rendered useless as a result of the Merge. One recent report has it that Ethereum miners have spent around $15 Billion on GPUs in the last 18 months, not counting other mining gear. So that puts the loss in perspective.


Unsurprisingly, ETH miners are having to appeal to investors regarding the benefits of PoW—or the reason the Ethereum network should be pressed into integrating PoW tokens into the new system. But most of the Ethereum leaders have already moved on. Returning to PoW would take more than just user persuasion unless spent resources can be revived in one way or another.


The Duality of Risk and Opportunities for Ordinary Users


Undoubtedly, ordinary members of the Ethereum community whose circumstances made them into professional miners will have to bear their losses. The war-besieged Ukrainians making an honest living from mining top this category of users. So, the uncertainty about their future on the blockchain grows progressively overwhelming with new reports of the Merge.


Of course, these users can simply become validators if they are willing to stake tokens. This will save them the use of complex and advanced machinery and software, such as mining rigs and GPUs. So, there are scores of opportunities for users on ETH PoS, as long as they are willing to commit to it. 


(And what about the expensive hardware they will now no longer need? Well, there's a thriving secondary market for computer components.) 


Moreover, the difficulty bomb built into the PoW protocol is a very effective incentive for everyone to migrate to the PoS chain or get infinite-degree burns. The bomb is a code that slows down PoW Ethereum to a point where it's practically unusable. Moreover, removing it from the network is easier said than done. 


Therefore, miners intending to stick with ETH PoW indefinitely will have to face the music, unless the Ethereum network agrees to assign skilled developers to sustain the PoW framework. But that is most likely out of the question.


In fact, for those who wish to die on the PoW hill, there's already a PoW alternative—Ethereum Classic (ETC). Perhaps they could join that breakaway network and become validators. But then, the niche status of ETC is perhaps a pointer to the general apathy of crypto investors, developers and users towards PoW-powered blockchains. Ethereum’s status as the first smart contracts platform made it an exception but its founders and developers always intended to move in a different direction entirely. Now that day is here. 


On the Anticipated Efficiency and Performance of the PoS Chain


Many users and analysts anticipate great things from the Merge and the consequent use of the ETH PoS Chain. For one, the Chain is expected to offer increased stability since the system will issue fewer ETH and smaller block rewards. Furthermore, the Merge will likely increase user participation in all things Ethereum, stimulate high-volume trading interests in basic users, and steady bustle and doings all across the network.


Also, the Merge is expected to boost Ethereum’s security and scalability. Transactions will be faster, reaching 100,000 transactions per second. This will also set the stage for the forthcoming quadripartite era of the Surge, the Verge, the Purge, and the Splurge, all of which will drive Ethereum’s fully decentralized future operations. Buy Ethereum (ETH)


And then there's the very real energy consequences of moving from PoW to PoS. The Merge will eliminate mining from Ethereum, reducing the network's electricity consumption by 99 percent. That's a mammoth figure and will usher the ETH network into the community of energy-efficient blockchains. 


The Merge and User Tokens 


Now let's talk about the effects of the upcoming transition on the blockchain's token, ether, held by miners and ordinary traders and investors. What happens to the tokens on cryptocurrency exchanges, decentralized wallets, and offline ledgers? 


As of right now, there's no certainty. 


Because ETH 2.0 or the Merge is a hard fork, support and development will migrate to the new network. This means PoW Ethereum will be stripped of significant developer and infrastructural and community support—all significant drivers of a viable cryptocurrency. 


Regarding the ETH tokens held on exchanges and elsewhere, what will happen precisely remains a mystery. There's currently no consensus although the position of the Ethereum foundation remains that all users and holders migrate to ETH PoS tokens and depreciate the old ETH PoW coins. 


How exchanges will handle this transition is a fascinating subplot. Some, like Binance, said they will evaluate the support and withdrawal of the forked tokens before adopting a firm stance. This means that if there's significant activity with forked PoW ETH coins, Binance might decide to list and support it alongside the new ETH PoS. 


Poloniex, an exchange owned by Justin Sun, Tron founder and holder of 1 million ETH tokens, claimed that it would list ETHw and ETHs. Another exchange, BitMex has gone even further to suggest it will enable leverage trading for whatever the eventual PoW ETH token turns out to be. 


What seems certain is that some exchanges will airdrop new ETHw tokens to holders of ETHs. Perhaps, some will give users on their platforms an option to either keep their old ether or migrate to a forked ETHw. 


It's important to note that the ETH already on exchanges won't be affected in any way. Normal traders don't need to do anything. The Merge simply transfers the whole Ethereum mainnet data to the new PoS chain. Tokens already issued will remain valid and users can hold, stake or trade their ether (and all ERC-20 tokens) as normal. 


Those who keep their ETH coins off centralized exchanges like Binance, Coinbase and Kyrrex crypto are able to move their ether to the new PoS blockchain via a one-way bridge if they wish to participate in validating the network. 


ETH holders who just wish to hold their tokens offline or off-exchange don't need to do anything. Eventually, the old ETH will be merged with ETH PoS and they'll be able to perform transactions and use dApps as usual on the new Ethereum chain. 


The Merge: An Overview of Sour and Great Expectations


In brief, the Merge presents a duality of risks and opportunities for crypto traders and investors on the Ethereum network. With the era of miners drawing to a close, validators are the new gods of the system. But these gods are very likely to be few considering that a staking fee of 32 ETH (or $65,800 based on current market conditions) is required to join the validator’s club.


Also, several analysts have noted that the Merge will engineer the perfect landing dock for centralization. After all, considering the expensive entry free to the validator’s club, big holders will be able to set up shop in the new chain ahead of everybody else. And if there are no regulations against this obvious gap for governance manipulation, then the sermonized narrative of full decentralization is poppycock.


On the positive side, despite the drawbacks of the Merge as to the staking fee, would-be validators with no access to 32 ETH can still make the most of the PoS chain by contributing to staking pools owned by actual validators, thereby qualifying for rewards themselves. This is only one of the multiple ways in which the Merge will offer users more breadth to benefit from the Ethereum network.


Meanwhile, the Merge is a golden opportunity for brave software developers and project concept managers. After all, the migration from PoW to PoS has opened a large market for business development, software creation, and more.


With these implications of Ethereum’s Merge, the future of ETH PoW appears to be set in stone—it won't have one. Since the PoS protocol is the next step in the evolution of blockchain tech, users have no other choice but to join the wagon, trusting that the new protocol satisfies the conditions for Satoshi Nakamoto’s dream of a stress-free and enabling trade/financial system.


All in All


If Vitalik Buterin is serious and Ethereum will keep overshadowing every other network, then the Merge is only the first of several developments to come. There is still the Surge, the Verge, the Purge, and the Splurge, which will join up with the Merge’s 55% to reach Ethereum’s envisioned ideal.


If there is even the distinct possibility that ETH PoS will eventually and completely swallow up ETH PoW, especially with the difficulty bomb that makes mining progressively impossible, then there is no future for ETH PoW. Then again, nothing is ever cut-and-dried in the march of technological progress.


Overall, outside the costs of Ethereum users migrating their assets from the PoW chain to the PoS chain, the Merge seems to be a good idea. It could herald the next cycle of blockchain evolution, but it has certainly fired up Ethereum’s intended advancement.

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