Crypto.com recently launched the Pay “Airtime” feature allowing Mobile top ups at more than 100 countries worldwide. Users get 2.5%-5% CashBack using the native CRO token for payment. In India, the cost of Mobile data and calls for a year is worth a couple dinners at a fancy restaurant. Although the mobile operators recently doubled the costs, one can still make unlimited domestic calls and use 1-2 GB Mobile data…
Posts published in “Tutorials”
To test the Pay/Send Crypto feature on Crypto.com, I sent $20 worth of CRO tokens using Crypto.com mobile app to my dad, my mom and a friend. One has never used crypto, one has used in the past, and one has recently started investing. Continuing my endeavour to explore Crypto.com, after venturing into the gift cards territory last week, I decided to use their “Pay” feature today. “Pay” allows a…
Spending cryptocurrencies in India is not easy. No merchants accept it. Periodically, the regulators keep reminding us that it is not an approved legal tender in India. There can be an intermediary who converts your crypto to INR and passes on to the merchant. However, merchants in India are unwilling to partner with them as well, given that they have to show they accept crypto. But all is not lost,…
April 5 was Coinjoin day, to celebrate, we tried the Samourai Whirlpool mobile mixing on testnet and spoiler alert it worked. The article is about the what it is and the importance of CoinJoin, the ability to do so using several tools, and how to do it yourself. Coinjoin is a kind of bitcoin transaction in which few peers participate using their UTXOs (Unspent outputs from Bitcoin transactions OR just…
In the previous post we discussed what are Options and how to trade them. If you are unaware of Option trading, I strongly recommend you read it before proceeding. Options are a type of derivative product and their value depends on the underlying stock, in this case the cryptocurrency. Move Contracts and How to trade them Move Contracts are options that allow you to trade based on the movement of…
Crypto markets are maturing. The introduction of perpetual future contracts, option trading, leveraged tokens, volatility contracts and many such instruments are most likely what we need for institutional hedge funds/prop desks to take the crypto markets seriously. Options are one such financial instrument that could see stock market option traders coming into Bitcoin trading. More money flowing into Bitcoin is a good thing, right? Options have been a part of…
Binance just completed the new IEO Elrond’s Lottery Draw and will Open trading for ERD at 8:00 AM UTC (13:30 IST) on July 04, 2019. Only 11.07% tickets won the lottery and hence a lot of the people are disappointed they cannot buy the Elrond (ERD) token at the IEO price. Most of the traders will try to place orders and get some ERD when the trading opens. But it…
A lot of stress is going around in the Indian crypto space lately, mainly due to lack of proper communication from the government. Also, due to negative news about the possible ban. Before jumping directly on to the technical part of building and managing a crypto currency exchange in India, one must understand the actual regulatory stress for the founders of such a business. We must not forget that in…
I joined the market pre-bull run in 2017. From May 2017 to January 2018, I could have closed my eyes and bet on any altcoin and made 5x-10x without much to worry. Crypto Twitter was abuzz with lambos, moons, and nerds taking exotic holidays in villas. This was the fervor of the season. A wave of new investors, traders, quick rich schemers joined the crypto bandwagon as Bitcoin started to…
Kashif Raza or better known as the face of India’s Crypto News and Policy Discussion platform Crypto Kanoon interviewed Advocate Vijay Dalmia about Money Laundering and Crypto’s role in it. Mr. Dalmia is a partner in a reputed law firm Vaish Associates and founder of moneylaundering.legal. Advocate Dalmia comes with 30+ years of experience in court trials and deals with cases relating to prosecution under the Income Tax Act, 1961,…