Posts

Showing posts with the label xceltoken

Gresham's Law

Image
Gresham’s law is a monetary principle stating that “bad money drives out good.” It is primarily used for consideration and application in currency markets. Gresham’s law was originally based on the composition of minted coins and the value of the precious metals used in them. However, since the abandonment of metallic currency standards, the theory has been applied to the relative stability of different currencies’ value in global markets. Origins The minting of coins provides the most basic example of Gresham’s law applied. In fact, the law’s namesake, Sir Thomas Gresham, was referring to gold and silver coins in his relevant writing. Gresham lived from 1519 to 1579, working as a financier serving the queen and later founding the Royal Exchange of the City of London. Henry VIII had changed the composition of the English shilling, replacing a substantial portion of the silver with base metals. Gresham’s consultations with the queen explained that people were aware of the chan...

Aspects of Technical Analysis

Image
Since we are already acquainted with what Technical analysis is, ( please read the Introduction blog to get started if you already haven’t ) let’s jump right into the aspects of technical analysis that you should definitely pay attention to:   Trend Lines Trend lines, or the typical direction that a coin is moving towards, can be most beneficial for traders of crypto . That said, isolating these trends can be easier said than done. Crypto assets might be substantially volatile, and watching a Bitcoin or crypto price movement chart will probably reveal a selection of highs and lows that form a linear pattern. With that in mind, Technicians understand that they can overlook the volatility and find an upward trend upon seeing a series of higher highs, and vice versa – they can identify a downtrend when they see a series of lower lows. Additionally, there are trends that move sideways, and in these cases, a coin doesn’t move significantly in either direct...

Use XcelToken Plus and visit great Nordic Fintech conference in Copenhagen!

Image
XcelToken Plus is adopted into usage on XcelTrip - an online travel booking platform where you can check-in at over 800,000 hotels and book tickets with over 400 airlines. But also XcelTrip has special offer for Blockchain & Crypto Influencers around the world. Book COPENHAGEN FINTECH WEEK 2019 Event via XcelTrip, just select the Departure airport Kastrup or Roskilde and Date of travel using XcelToken Plus. This year, Copenhagen FinTech Week welcomes more than 1000 attendees from all continents. Great opportunity to take part in sharing insights with the 60+ international Blockchain speakers gathered from over 15 different countries, to join keynotes and panels tackling hot Tech topics. Immerse yourself in the networking sessions and workshops which crafted for you, meet fantastic fintech startups showcasing and pitching on stage. The Copenhagen FinTech Week 2019 will be home to the brightest fintech minds from all over the world. Get the chance to network, exchang...

Cryptocurrency Trading Strategy: How Does Arbitrage Work?

Image
Arbitrage is a simple cryptocurrency trading strategy where in you buy a cryptocurrency on an exchange platform that quotes low price for the token that you are aiming to trade with and sell it on another crypto-exchange platform where the price is high for the highest bidder. It’s a forthright and lucrative cryptocurrency trading strategy on the exchange, which requires only steady monitoring of exchange values. However, including possible pay-outs, you need to take into account the commission that some exchange platform charges. If the variance in the exchange rates of one coinage on exchanges is 2–3% or more, the trade can be lucrative. In case the exchange variance is less than 2%, then the turnover will be minimal, or it will not be at all because of the charge. Moreover, arbitrage traders can profit as there are quite low buyer figures and competition — when you liken it to the traditional marketplaces. Let’s say you’ve bought 20 XLAB ’s for 700 odd Dollars at so...

ADVANTAGES OF CRYPTOCURRENCY

Image
The world is becoming more and more economically unsafe. This is not to say we are not growing. But as Nassim Taleb states in his book. Antifragile. Our economic mechanism is like a glass jaw. It all comes booming down when it gets hit with a small blow. Both long term and short term this is not good for you and all of the hard-working inhabitant of the world, so investing in cryptocurrency is the best option we have. Here are some of the advantages of cryptocurrency that one should keep in mind: Fraud: Cryptocurerncy is digital and cannot be forged or upturned arbitrarily by the sender, as with credit card back charges. Identity Theft : When you give your credit card to a business, you give the business the admission to your full credit line, even if the transaction is for a small amount. Cryptocurrency use a “push” mechanism that lets the cryptocurrency holder to send precisely what he or she wants to the business or receiver with no further data. Immediate Settlement : P...

XcelToken Plus to go live on 8 Exchange Platforms Tomorrow!

Image
XcelToken Plus is an ERC20 token on the Ethereum Blockchain Platform that is created to build, engage and foster a large crypto-community within the hospitality, retail and gaming sectors. XcelLab is proud to announce that XcelToken Plus will now be available for trading on 8 Exchange Platforms from the 15th of May, 2019 , 8 PM PDT . The Ticker name of XcelToken Plus is XLAB Here’s a list of platforms that you can now use to trade our utility token- XcelToken Plus (XLAB) on: ABCC - A world-class Digital Assets Exchange, aiming to provide a frictionless, user-centric trading experience. LIVECOIN - A modern, safe trading platform for accessing cryptocurrency exchange markets with simple interface and low trading fees. P2PB2B - An advanced cryptocurrency exchange that works for the benefit of its users. MERCATOX - A modern convenient service for accessing e-currency and cryptocurrency exchange markets. HOTBIT - A professional digital asset excha...

XcelToken Upgrade Happening Now!

Image
The economic definition of Utility, is the measure of happiness, enjoyment or a sense of security that a person receives from a commodity or a service in comparison to many other commodities. Utility is basically seen as a measure of the value of one particular commodity, for various different people. In economics it is usually assumed that an individual is rational, if utility is maximized in their care about money and life, that is to say that if an individual chooses one particular commodity   from among many such in a group, the rationality of the individual is based on whether his option outweighs the rest in propelling their satisfaction. For example: if Sarah is given a choice between having soup or salad for lunch, Sarah’s mind immediately compares the value of each of these lunch options and quickly decides to have salad, which would give Sarah the satisfaction that she’s looking for from her lunch. Do bear in mind that there is no real measurement system outside of a t...

XcelTokens now on MERCATOX!

Image
XcelToken is an ERC20 token on the Ethereum Blockchain Platform that is created to build, engage and foster a large crypto-community within the hospitality, retail and gaming sectors.   With more than 100,000 token holders, XcelToken is now getting an upgrade. XcelLab is proud to announce that XcelToken will now be available for trading on MERCATOX from the 15 th of May, 2019 . To know more about MERCATOX , keep reading on. MERCATOX MERCATOX is a unique creation in the world of digital money, based on multi-lingual platform, that combines automated trading, payment service, Peer-to-Peer sharing based on “smart contracts” and many other features. They plan to provide not only services with different abilities, they also want to create a new financial market in the digital world. They connect all the n-number of electronic money systems on one single platform. XcelToken is adopted into usage on XcelTrip - an online travel booking platform where you can check-...

XcelTokens now on P2PB2B!

Image
XcelToken is an ERC20 token on the EthereumBlockchain Platform that is created to build, engage and foster a large crypto-community within the hospitality, retail and gaming sectors.  With more than 100,000 token holders, XcelToken is now getting an upgrade. XcelLab is proud to announce that XcelToken will now be available for trading on P2PB2B from the 15 th of May, 2019 . To know more about P2PB2B , keep reading on. P2PB2B P2PB2B is an advanced cryptocurrency exchange platform that works for the benefit of its users. They make sure that your trading convenient and safe. P2PB2B works on high performance where they support and process trading of 10,000 traders every second. They provide 24/7 support in English, Mandarin, Japanese, Russian, Spanish, German and Indonesian. Aside from these they also support multiple currencies and provide strong safety with a strong firewall that detects and blocks attackers. XcelToken is adopted into usage on XcelTrip - an onli...

XcelTokens now on LIVECOIN!

Image
XcelToken is an ERC20 token on the Ethereum Blockchain Platform that is created to build, engage and foster a large crypto-community within the hospitality, retail and gaming sectors.   With more than 100,000 token holders, XcelToken is now getting an upgrade. XcelLab is proud to announce that XcelToken will now be available for trading on LIVECOIN from the 15 th of May, 2019 . To know more about LIVECOIN , keep reading on. LIVECOIN LIVECOIN exchange is designed to help those that re motivated people to benefit from the opportunities offered by technology of the decentralised distributed access to digital assets. They believe that based o their exchange the community will find a convenient and beneficial to peruse their goals to grow their capitals and to win. LIVECOIN is a safe, modern trading platform for cryptocurrency with a simple user interface and low trading fee, it is one of the best platforms there is for exchange of cryptos. Their support communi...

XcelTokens now on LATOKEN!

Image
XcelToken is an ERC20 token on the EthereumBlockchain Platform that is created to build, engage and foster a large crypto-community within the hospitality, retail and gaming sectors.  With more than 100,000 token holders, XcelToken is now getting an upgrade. XcelLab is proud to announce that XcelToken will now be available for trading on LATOKEN from the 15 th of May, 2019 . To know more about LATOKEN , keep reading on. LATOKEN LA (top 100 cryptocurrency by Coinmarketcap ) is the main currency on the LATOKEN platform. It is a utility token which has been confirmed in a legal memorandum prepared by White Summers Caffee & James, a premier technology, and international law firm based in San Francisco with 18 years of experience. The memorandum states that “LA Tokens have a distinct utility purpose separate from producing profits”. Some of the features on LATOKEN include: Instant exchange (LA DIRECT) advanced trading feature and crypto/fiat gateway. X...

15th May 2019

Image
XcelToken is an ERC20 token on the Ethereum Blockchain Platform that is created to build, engage and foster a large crypto-community within the hospitality, retail and gaming sectors.  XcelToken now is undergoing some new exciting changes.   XcelLab is proud to announce that XcelToken will now be up for trade on eight brilliant exchange platforms from the 15 th of May, 2019 . Here’s a list of platforms that you can now use to trade our utility token- XcelToken on: ABCC - A world-class Digital Assets Exchange, aiming to provide a frictionless, user-centric trading experience. Link: https://abcc.com/en LIVECOIN - A modern, safe trading platform for accessing cryptocurrency exchange markets with simple interface and low trading fees. Link: https://www.livecoin.net/en P2PB2B - An advanced cryptocurrency exchange that works for the benefit of its users. Link: https://p2pb2b.io/ MERCATOX - A modern convenient service for accessing e-currency and cryp...

XcelToken now on BITFINEX!

Image
XcelToken is an ERC20 token on the EthereumBlockchain Platform that is created to build, engage and foster a large crypto-community within the hospitality, retail and gaming sectors.  With more than 100,000 plus XcelToken holders, the token is already listed on CoinMarketCap . XcelLab is proud to announce that XcelToken will now be available for trading on Bitfinex from the 30 th of April, 2019. To know more about Bitfinex , keep reading on. BITFINEX This platform is a pure cryptocurrency to fiat exchange , a margin trading exchange and a liquidity provider. The platform offers a number of features like margin funding, where liquidity providers can earn interest by providing funding to traders want to trade with leverage. Customizable interface, where the traders are allowed to organise their workplace according to their needs by choosing between themes, setting up notifications and data preferences. Security, the user’s information and funds are their top priorit...

Mark your calendars: 30th of April is almost here!

Image
"Nobody will stop you from creating. Do it tonight. Do it tomorrow. That is the way to make your soul grow...” - Kurt Vonnegut XcelToken is an ERC20 token on the Ethereum Blockchain Platform that is created to build, engage and foster a large crypto-community within the hospitality, retail and gaming sectors.   With more than 100,000 plus XcelToken holders, the token is already listed on CoinMarketCap . XcelLab is proud to announce that XcelToken will now be listed for trade on ten brilliant exchange platforms from the 30 th of April, 2019 . Here’s a list of platforms that you can now use to trade our utility token- XcelToken on: ABCC - A world-class Digital Assets Exchange, aiming to provide a frictionless, user-centric trading experience. Link: https://abcc.com/en LIVECOIN - A modern, safe trading platform for accessing cryptocurrency exchange markets with simple interface and low trading fees. Link: https://www.livecoin.net/en P2PB2B - An...