Hi Carlos
A lot has been happening in the cryptocurrency world these days. At the time of writing this newsletter, Bitcoin is flirting between $9400-9550 range.
One of the major thing happening is wider acceptance. Do check out 3 top news ofthe week at the later part of this newsletter, but before that let me tell you about Bybit exchange & $90 welcome bonus.
ByBit is one of the fastest-growing crypto derivatives margin trading platforms, which its headquarter in Singapore and offices in Taiwan and HongKong. Bybit matching engine is capable of handling 100,000 TPS, so you don't have to worry about overload issue, and offers low latency (1ms).
Join Bybit exchange & get $90 Bonus
With over 100,000+ users and multi-lingual support (English, Chinese, Traditional Chinese, Korean, and Japanese), Bybit currently is one of the top 3 cryptos derivatives exchanges.
Currently Bybit offers two kind of contracts:
- USDT perpetual contract: The margin used is USDT and it's a linear contract. If you are trading in BTCUSDT, I recommend using this one for beginners.
- Inverse Prepetual contract: An inverse contract means if a trader would like to trade BTC/ETH/XRP/EOS contract, the underlying cryptocurrency has to be used as the margin to trade the respective contract.
Read everything about Bybit exchange here
This article also includes how you can get $90 as welcome bonus using Bybit (There is a video guide as well.
Here are a few news, that you should know about:
1. CoinPayments + Shopify
In another news, popular crypto payment gateway, Coinpayments announced the stratgic partnership with Shopify.
Shopify has over 1,000,000 active business users, and in recent years generated over $183bn in sales. Now, e-commerce site owners on Shopify, could accept payment in Bitcoin, and other cryptocurrencies. It is not a super fresh news, but right now it is making wave. If your business wants to accept payment via crypto, here are some of the best crypto payment processors.
Some of them will also let you accept payment in crypto, and deposit money directly to your bank account in Euro or USD.
2. Automatic crypto payment for Square cash users:
Square's Cash App now allows users to schedule automatic bitcoin purchases at set time intervals - daily, weekly, or bi-weekly.
The new feature, dubbed "Auto Invest," follows the system of dollar-cost averaging, i.e., buying an asset in small amounts regularly, regardless of its price.
Do let me know how you liked this new format? If you have more ideas on making CoinSutra newsletter more informative, feel free to share.
I will see you in the next newsletter.
Ta Da!
Harsh Agrawal
Founder @CoinSutra.com
Required disclaimer: This newsletter is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Bybit Review - $90 Welcome bonus (+ Crypto News)