Why Cryptocurrency in Singapore is a Must to Invest Source for Investors?

The market of cryptocurrency in Singapore is all time high right now. The guaranteed promise of making huge money with minimal investment has lured many individuals worldwide here, from students to entrepreneurs and professional traders. The continuously growing crypto mining has also impacted the graph to buy cryptocurrency in Singapore greatly.

The Cryptocurrency Regulations in Singapore

Cryptocurrency mining is considered legal within Singapore, even though they aren’t classified as any legal tender. In early 2018, the Minister of MAS and Singapore’s Deputy Prime Minister has announced that the agency have been working continuously to develop a regulatory framework for cryptocurrency payment services, which is intended to prevent terrorist financing and money laundering. This will also likely to impose a process of KYC and AML requirements on local exchanges. However, it also indicates that Singapore Government is trying to run a clear crypto industry here with lots of future opportunities for global investors.

Singapore’s Best Blockchain Projects

A number of exciting Blockchain projects are happening in Singapore with high level of business rewards for investors, such as KunoCoin, a blockchain based platform to promote your business globally using Wiki investments. The platform covers an exciting range of services, starting from a beneficial investment environment to a framework aiding with the procedure to establish a company to offering basic information necessary to sustain overseas business startups. With a great level of profit rewarding environment, KunoCoin can be a great blockchain project to buy cryptocurrency in Singapore.

The blockchain based air miles reward system KrisPay which is also adopted by Singapore Airlines and Open Trade Blockchain, developed by a company owned by Singapore’s Government to improve international trading in the ASEAN region, can also be exampled as the thriving blockchain environment of Singapore.

When it comes to cryptocurrency trading, acceptance and integration, Singapore is definitely way ahead from other countries. From the beginner traders to experienced crypto miners; Singapore is definitely a crypto heaven entirely suited for any crypto trader. This is because of the trading platforms are geared to support any trader interested to invest in the crypto world.

With the wide selection of cryuptocurrencies, advanced trading platforms, competitive fees and exciting IOTA availability for trading; if you are planning to buy cryptocurrency in Singapore, then it’s definitely a thumbs up for you. All the current signs point to the continuance of the trend that crypto will rise to the new milestones in the 2019 for sure.

If you are interested to invest in KunoCoin with guaranteed business rewards, get in touch with us by visiting our service website. You can get all the details of our platform by visiting here also.

Blockchain and Distributed Ledgers

Blockchain technology or distribution ledger technology revolves around an encoded and distributed database serving as a ledger where all the records of transactions are stored. Blockchain technology uses the core blockchain as an innovative database approach with a data model where digital token is utilized in each transaction update and verification's which has become possible across the specific blockchain network depending on the goal and the stakeholders. Blockchain technology and distributed ledger technology in practice is beyond the virtual currencies how blockchain works, applications, evolution, networks and business reality. 

People often confuse Blockchain technology with distributed ledgers. But one needs to understand that blockchain is a type of Distributed Ledger Technology. 

Blockchain vs Distributed Ledger Technology

A distributed ledger is a database which is spread across several nodes and computing devices. Each and every node saves and replicates an exact same copy of the ledger. Each node of the network updates itself independently. One of the most striking features of the blockchain technology is that the ledger is not maintained by any central authority and the whenever an update is needed, it is independently constructed and done by each node. The nodes vote on these updates for ensuring that the majority of the people agree with the conclusion. This voting agreement on a copy is known as consensus.

Consensus is an automated process which is conducted automatically by a consensus algorithm.  

Thus the distributed ledgers use separate computers for recording, sharing and synchronizing transactions in their respective electronic ledgers. Blockchain organizes data into blocks which are then chained together in an append mode. 
All distributed ledgers do not employ a chain of blocks for providing a secure and valid distributed consensus.  A blockchain is essentially managed by peer-to-peer networks. The data quality of the blockchain can be maintained by database replication and computational trust.

Hence it can be concluded that every blockchain is a distributed ledger but every distributed ledger is not a blockchain.

Mergers and Acquisition in Cryptocurrency

When cryptocurrencies were introduced to the world in the form of Bitcoin, little did people know that the ‘new kid on the block’ is going to take the world by storm! People embraced the idea of blockchain technology and soon many cryptocurrencies evolved, people wanted to make the best use of the new-era technology where transactions could be facilitated using the virtual currencies.

M&A (Mergers and Acquisition) in general means the consolidation of companies or assets through several types of financial transactions. It can include a number of different transactions like acquisitions, mergers, consolidations, purchases of assets, tender offers, management acquisition and purchase of assets. It involves two companies and Wiki Investment implements matching and joint venture of acquisition or acquirer of M&A.

Wiki Investment also aims of implementing a platform for cross-border Mergers and Acquisition along with matching and joining ventures extensively. Thus, here it is not just limited to a B to B or business alliance but we have got all your bases covered.

Although, M&A is relatively a new term in the crypto sector, this activity has been introduced in this sector as well.

Although Wiki Investment is currently open for the public as a free database, it aims to use the funds for improving and promoting the site and then changing it to a profitable business through advertisement and business matching.  Business matching would also enable to M & A support. Wiki Investment will also enable matching and joint venture of acquisition / acquirer of Merger and Acquisition.  We also aim to add features that will allow each country's Professionals to post articles to Wiki Investment and respond to free questions to users. This is for facilitating matching between companies and Professionals. Users will be able to ask questions from Professionals and Professionals would be able to increase opportunities to acquire new customers through question answers and article contributions, which will benefit both the parties. This is a profit model where the users will pay the subscription fee if they want to see answers to the questions asked by other users. A similar site was introduced in Japan which went public and its market value increased manifolds. The Global M&A transaction amount reflect how M&A will also succeed in the crypto world. (It was 2.7 trillion USD in 2015, 3 trillion USD in 2016 and 3.4 trillion in 2017 (approx).)

The Future of Crowdfunding and ICOs

ICOs have completely revolutionalized the investment sector. The blockchain startups registered a tremendous growth in 2016 and the investment landscape witnessed a surge with Initial Coin Offerings (ICOs).

Crowdfunding is one of the most popular forms of investment today, and the evolving crypto sector applies the ICOs to the crowdfunding.

Blockchain startups have registered huge profit with just a website or whitepaper. Before considering the way to move ahead with a new fund raising opportunity in crowdfunding, let us understand the details of ICOs.

The Future of crowdfunding and ICOs

Taking loans from bank can be a tedious task thus the concept of crowdfunding came into being. Crowdfunding is a method of raising money for the business or idea with efforts from other individuals as well. Kunocoin also aim to realize the potential of crowdfunding by establishing the world’s first Real Estate Market using crowdfunding and securitization. As it uses the applications of the blockchain technology, it is secure and free from any interference or standardization which makes it a safe option for investment that are subjected to regulations.

Kunocoin, the ICOs released by us aim to facilitate cross-border transactions and accelerate the growth of a business by providing tits clients all the required information about the set-up.

Here’s how we aim to utilize the Kunocoin for expanding our business and help you expand yours-

Kunocoin- A token to fuel your vision

We plan to release Kunocoin as tokens that uses the application of blockchain technology in one or more cryptocurrency currency exchanges in Singapore. We plan to release it in 5 installments where we will adjust the price and the amount of cryptocurrency every time it gets issued considering the procurement situation of previous installments. The scheduled minimum procurement fund is 1.5 billion USD and we target 3 billion.  Kunocoin, being security tokens also offer unique safety features wherein we use carefully guarded encryption keys using the highest-grade security standards and a decentralized framework. Kunocoin are a tradable asset and are subject to stringent regulation. These features make Kunocoin a reliable token where an investor can rely upon us and help realize our vision while we help them realize theirs.

3 apps for trading cryptocurrencies on the move

Just like Forex, which is used for trading the fiat currencies, Crypto exchange platforms are meant for the trading of the digital currencies. It refers to the trading when a virtual currency is exchanged for another virtual currency a determined price. Trading can be done for acquiring specific altcoins or for making money on the margin by buying and selling the digital currencies.

This exchange of the cryptocurrencies can be carried out using exchange websites, desktop applications and mobile apps. Here’s a compiled list of 3 apps that offer trading of cryptocurrencies on the move:

Tab Trader

It is a free trading terminal for crypto exchange like Coinbase, Bitstamp, Gemini, Binance and several other crypto exchanges. Founded in 2015, it today boasts of more than 400,000 users in more than 178 countries where traders can trade using limit order, stop-loss, take profit and settle position functions over a variety of crypto exchanges.

Binance

Binance was founded in 2017 by Changpeng Zhao and it is the fastest growing cryptocurrency trading exchanges in the world. Users prefer using the Binance because it is fully functional mobile app for iOS and Android operating systems.

It facilitates the trading of ETH, WTC, GAS, NEO, IOTA, BTC etc. For using the Binance app, you first need to create an account on Binance and after getting your registration done you can easily download their iOS app or Android app and start trading the cryptocurrencies at a go.

Bitfinex

When it comes to volume of BTC/USD pair, Bitfinex is world’s No 1 exchange app. However, due to legal reasons they recently shut down their operations for US customers. It still operates in a few countries and some of the popular digital currencies facilitated by Bitfinex are Ripple, Bitcoins, Monero, Ethereum< ZEC, NEO etc. It supports Android and iOS and it is quick the liquidation.

All you need to know about Ethereum

If you have ever heard of cryptocurrencies, chances are high that you must also have heard of Bitcoins. Bitcoins, the first ever decentralized applications to function as a medium of exchange clearly dominates the crypto market but there is a lot more that the highly-volatile, yet a promising crypto market offer, and Ethereum is one of it.

Simply speaking, Ethereum is an open software platform based on blockchain technology which enables the developers for building and deploying decentralized apps.

It has grown tremendously since its inception and it is currently the second-biggest by market capitalization value.

What led to the inception of Ethereum?

In 2013, the idea of Ethereum was proposed by Vitalik who came up with an idea of building the entire Ethereum system which would be supported by a global system of nodes. (He called the volunteers who download the entire Ethereum’s blockchain in ther desktops and enforce the rules of the system by keeping the network honest and receiving rewards in return).He then presented his idea in a white paper and  announced the project in 2014. A few months later the team which comprised of members Vitalik Buterin, Anthony Di Iorio, Mihai Alisie, Charles Hoskinson, Joe Lubin and Gavin Wood decided to hold a crowd sale of ICOs for funding the development and it turned out to be a huge success.

Is it similar to Bitcoins?

Ethereum raised around $6 billion during the launch of its ICO and emerged as one of the global leaders in the cryptomarket. Just like Bitcoin, it is also a distributed public blockchain network. But, they differ completely in their purpose and capability. The Bitcoin blockchain tracks ownership of virtual currencies, whereas the Ethereum blockchain emphasizes on running the programming code of a decentralized app. In Bitcoin blockchain, the miner mines Bitcoin, whereas in Ethereum blockchain, the miner mines ether, a crypto token which is used to fuel the network.

ICO Token: How to invest them?

The bandwagon of ICOs has created a ripple and garnered attention of people across the world. People are eager to get on board and try investing in the ICO tokens.

Distinct from digital coins or cryptocurrencies, these digital tokens are emerging as one of the fastest growing trend for fund raising where the investor buys an ICO being offered by the entrepreneur for investing in his business and pays him in Bitcoins or other virtual currencies.

The company first of all create a digital token that are pre-defined by the issuing company which takes into account the amount, terms and conditions and value. It will serve as the smart notary for the future transactions, so one must make sure that all the criterias are fulfilled.

After this, the token is acquired by the investor who will use the ICOs for dealing in what has been promised by the issuing company.  It can then be used for transactions which is supported by the platform that issued the token.

There are different types of ICOs such as Utility tokens, Stock tokens, Credit tokens and Token combos which are available that are  offered by the issuing company. Thus the investor can check and see which kind of token suits him the most.

However, before investing in the ICOs, it is necessary to evaluate every possible aspect of a campaign and decide if it a win-win deal or a risky one.