Exchange/Trading

Category Archive Exchange/Trading

A comprehensive guide to earn free Bitcoin and other Cryptocurrency

Nothing is free in this world. If it is offered free then you must need to give some of your valuable time. If you have some spare time then you can earn a lot of Bitcoin and Altcoins. Here, I have discussed all the ways to earn free Cryptocurrency.

There is a number of companies whose business is based on Cryptocurrency and they will not mind sharing their profit in return for your effort to provide them more customers. If you choose the right company to promote then you can earn a lot of Bitcoin and other Altcoins. Following is the list of various affiliate programs.

Exchange and marketplace

Exchange and marketplace are the places where people can buy and sell Bitcoin and Altcoins. Following is the list of affiliates which have a good reputation for paying affiliates.

  1. Coinbase: Coinbase is world’s most popular place to purchase popular Cryptocurrency. It pays both affiliates and the customer $10 worth of BTC once your referred customers purchase Cryptocurrency at least of $100 worth.
  2. Binance: It is a popular place to trade Bitcoin and 100s of Altcoin. It pays 50% of the trading fee to their affiliates.
  3. cex.io: It is also a popular exchange to buy, sell and trade Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Bitcoin Gold (BTG), DASH, Ripple (XRP), Zcash (ZEC), and GigaHash (GHS). It pays 30% of the trading fee to their affiliates.
  4. LocalBitcoins: It is a marketplace where the user can trade Bitcoins locally to nearby customers. It pays 20% of the user’s trading fee on each trade.
  5. CoinMama: Currently, it allows the option of purchase Bitcoin and Ethereum. They are not offering to sell at this time. Referrals will get 15% of Coinmama’s commission on all future purchases of referred customers.
  6. Virwox: One can purchase Linden Dollars, Avination’s C$, and the Open Metaverse Currency (OMC) along with Bitcoin at VirWoX. It pays 20% of all the commissions paid to VirWoX by your referrals.
  7. Gemini: It offers to purchase and trading for Bitcoin and Ethereum.
  8. BitPanda (Not for USA customers but popular in Europe): Bitpanda (formerly known as Coinimal) is an exchange where you can buy and sell Bitcoin, Ethereum, Litecoin, and Dash. Referrals will receive a €2.50 bonus for every referred and 5% lifetime revenue share.
  9. Coinhouse (Not for USA customers but available for Europe). It is a place to buy Bitcoin and Ehereum. It pays 20% of all operations commissions to the referrals.
  10. 247Exchange (No USA customers): Here users can buy Bitcoins via credit card, debit card and wire transfers where registration and id verification are not required. It pays 30% of the fees what 247exchange receives from that client lifetime
  11. Exmo: It is a place to buy/sell and trade Bitcoin, Litecoin, Dogecoin, Dash, Ethereum, Waves, Zcash, Tether, Monero, Ripple, KickCoin, Ethereum Classic, Bitcoin Cash. It offers 25% of the commissions on exchange transactions of referred customers.
  12. Bitmex (Not for USA customers): It is a place to trade Bitcoin, Bitcoin Cash, Binary, Dash, Ethereum, Ethereum classic, Litecoin, Monero, Ripple, Tezos, and Zcash. You will get 10-20% lifetime commission on referred customers.
  13. Changelly: It offers exchange for purchasing Bitcoin, Zcash, Dash, Ether Classic, Litecoin, Dogecoin, Bitcoin Cash, Bitcoin Gold, DigiBye, Expanse, GameCredits, Lisk, Gulden, Nxt, PotCoin, Power Ledger, Stratis, Syscoin, TokenCard, DigitalNote and XEM (NEM). It offers 50% lifetime commissions whenever your referred customers make any purchase.
  14. ShapeShift: It doesn’t need an account and you can swap between your digital assets easily. The affiliate program will pay .25% of the monthly volume in Bitcoin. It offers API integration on website.
  15. Bitfinex (Not for USA citizens): It offers exchange and trading of Bitcoin, Bitcoin Cash, Ethereum, Iota, Ripple, Litecoin, EOS, Ethereum Classic, NEO, Dash, Monero, Zcash, OmiseGO, Santiment, BTG, Qtum, ETP, Streamr, YOYOW, QASH, Eidoo, and Aventus against USD or BTC. You need to personally contact customer support to join affiliate program.

Bitcoin Lending 

  1. Bitconnect: It is a bitcoin lending platform where you can lend bitcoin to gain interest automatically. There is some controversy regarding the legitimacy of this service. It offers three levels of affiliate commission based on sub-affiliates as well. Commission at level 1, 2 and 3 are 5%, 3% and 2% respectively.
  2. Xcoins: It is a Bitcoin platform that allows people to lend Bitcoin to one another. It pays for Borrower and Lender Referrals. If you directly refer a customer then you will get 15% commission while referring by your sub-affiliates will be paid as 5% commission.
  3. Bitbond: It is a marketplace to borrow or lend your money as Bitcoin. If you refer a borrower you’ll receive 20% of the origination fee. If you refer a lender you will receive 30% of the origination fee. You can earn up to 50% of Bitbond’s origination fee as a commission.

Hardware wallet

A hardware wallet allows you to safely store your Bitcoins offline.

  1. Ledger wallet: 15% of the net sale amount. It support storage of Bitcoin (BTC), Bitcoin Cash (BCH), Bitcoin Gold (BTG), Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC), Dogecoin (DOGE), Zcash (ZEC),  Ripple (XRP),  Dash (DASH), Stratis (STRAT),  Komodo (KMD), Ark (ARK), Expanse (EXP), Ubiq (UBQ), Vertcoin (VTC), Viacoin (VIA), Neo (NEO), Stealthcoin (XST), Stellar (XLM), Hcash (HSR), Digibyte (DGB), Qtum (QTUM) and PivX (PIVX).
  2. TREZOR: You need to apply to be an affiliate to earn 10% referral commissions. TREZOR supports some coin natively through its software and many other through third-party wallets like MyEtherWallet. Natively supported digital assets are Bitcoin, Litecoin, Dash, and ZCash. While other cryptocurrencies supported through third-party wallets like MyEtherWallet are Ethereum (ETH), Ethereum Classic (ETC) and ERC-20 tokens. Some examples of ERC tokens are OmiseGo, Golem, and CIVIC.
  3. KeepKey: (latest Bitcoin hardware wallet) 10% of the sale cost. You can also refer other affiliates and get 5% of their earnings. It supports secure storage of bitcoin, ethereum, litecoin, dogecoin, dash, and namecoin.
  4. Paxful: 2% of the total purchase sent to your Paxful bitcoin wallet. It supports only Bitcoin but is not a hardware wallet in the real sense but has multiple security when Bitcoin stored here.

Trading and investiment

  • AvaTrade: It is a forex company allowing people to speculate and leverage their trading on Bitcoin’s price. Commission is based on revenue share or CPA ($250 per customer)
  • Plus500: It is a forex company allowing people to speculate and leverage their trading on Bitcoin’s price. It offers commission based on revenue share or CPA (up to $700 per customer).
  • 1Broker:  This trading platform lets you use your BTC to trade CFDs for the top forex pairs, commodities, indices and stocks. They offer leveraged trading and fairly low spreads. They offer 25% commission on the spreads paid by any trader who signs up under your account.
  • CryptoTrader: this unique service provides a platform for users to purchase and use trading bots for automated Cryptocurrency trading. The referral program pays out 10% on the recurring payments for premium accounts and one-off payments to purchase new trading bots.

Bitcoin Web Hosting

  1. bitcoinwebhosting.net: This is a company where website owners can pay hosting fee as bitcoin. It offers different pay for different hosting plans ($10 for every signup; For shared and VPS referrals, you earn $25 – $100 per sale; Dedicated servers and DDoS protection earn 50% of the 1st month’s invoice)

P.S. We will keep this article updated based on new earning potentials. Please keep this page bookmarked. Any suggestions on adding new ways to earn free cryptocurrency are welcomed in the comment section. We will try to include that in the main article.

Coinbase & GDAX Trading Platform: Buy/Sell/Trade BTC, BCC, ETH & LTC

Brief about Coinbase and GDAX?

Coinbase is the most popular place to buy cryptocurrency. It is based on the US and offers four cryptocurrencies at present. GDAX is a trading platform by Coinbase which is the world’s most popular site to purchase bitcoin, Ethereum, Litcoin, and bitcoin cash. GDAX also offer these four cryptocurrencies to trade against government-issued currencies.

  1. Bitcoin (BTC)
  2. Bitcoin cash (BCC)
  3. Ethereum (ETH)
  4. Litecoin (LTC)

Supported currencies

On GDAX, bitcoin can be purchased with USD, EURO, and GBP while Ethereum and Litecoin can be purchased with bitcoin, USD, and EURO. Currently, Bitcoin cash can be traded only against USD.

Benefits and risk of trading

Trading can be extremely risky and may result in losses. Every sell also involve a purchase from somebody and there is always a chance that one of these two people will be benefited more with the trade. However, if you purchase at the low price and sell at the higher price then there is a chance that you can make good money out of trading. There is no limit on how many times you can trade so you can repeat the cycle of buying and selling to maximize profit.

Where to begin?

You first need to join Coinbase. Once you joined you will use the same login credential to use GDAX. However, you need to verify your identity which can be done on Coinbase or GDAX website interface. They need your identity card to be uploaded to verify your account. Once your identity is verified then you can start trading on the GDAX platform.

Supported Countries by Coinbase?

Currently, Coinbase is supported in 32 countries. Citizens of these countries can buy and sell cryptocurrencies at Coinbase.

  • Austria
  • Belgium
  • Bulgaria
  • Croatia
  • Cyprus
  • Czech Republic
  • Denmark
  • Finland
  • Greece
  • Hungary
  • Ireland
  • Italy
  • Latvia
  • Liechtenstein
  • Malta
  • Monaco
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • San Marino
  • Slovakia
  • Slovenia
  • Spain
  • Sweden
  • Switzerland
 Supported Countries by GDAX?

GDAX trading is supported in 4 Countries

  • US
  • Canada
  • United Kingdom
  • Europe

They keep adding new countries. Please follow the following links to know the current status of supported countries and what payment methods available for residents of these countries

Supported US states: Link give you details of US states where Coinbase/GDAX has licence to do business.

Supported Countries: Link also give you information about which currencies can be used to buy/sell cryptocurrencies

Binance Cryptocurrency Platform: Purchase and Trade 100s of Altcoins

Following are the list of altcoins currently offered on Binance trading platform as on 12th December 2017. The list is alphabetically arranged and there is no relation between potential or popularity of these altcoins. This platform regularly adds new coins and delist some unpopular coins.

  1. AdEx (ADX)
  2. aelf (ELF)
  3. Aeron (ARN)
  4. AirSwap (AST)
  5. Agrello (DLT)
  6. AION (AION)
  7. Amber (AMB)
  8. Ark (ARK)
  9. Basic Attention Token (BAT)
  10. BCX (BCX)
  11. Bancor (BNT)
  12. Binance (BNB)
  13. Bitcoin (BTC)
  14. Bitcoin Cash (BCC)
  15. Bitcoin Diamond (BCD)
  16. Bitcoin Gold (BTG)
  17. BitShares (BTS)
  18. BlockMason Credit Protocol (BCPT)
  19. Bread (BRD)
  20. Bytom (BTM)
  21. Cardano (ADA)
  22. ChainLink (LINK)
  23. Cindicator (CND)
  24. CoinDash (CDT)
  25. CyberMiles (CMT)
  26. Dash (DASH)
  27. Decentraland (MANA)
  28. DigixDAO (DGD)
  29. district0x (DNT)
  30. Enigma (ENG)
  31. EnjinCoin (ENJ)
  32. EOS (EOS)
  33. Ethereum (ETH)
  34. Ethereum Classic (ETC)
  35. ETF (ETF)
  36. Etherparty (FUEL)
  37. EthLend (LEND)
  38. ETHOS (BQX)
  39. Everex (EVX)
  40. FunFair (FUN)
  41. Genesis Vision (GVT)
  42. Gifto (GTO)
  43. GXShares (GXS)
  44. HealthCare Chain (HCC)
  45. Hshare (HSR)
  46. ICON (ICX)
  47. ICONOMI (ICN)
  48. Komodo (KMD)
  49. KyberNetwork (KNC)
  50. Lisk (LSK)
  51. Litecoin (LTC)
  52. LLToken (LLT)
  53. loopring (LRC)
  54. Metal (MTL)
  55. MIOTA (IOTA)
  56. Modum (MOD)
  57. Moeda Loyalty Points (MDA)
  58. MONACO (MCO)
  59. Monero (XMR)
  60. Monetha (MTH)
  61. Neblio (NEBL)
  62. NEO (NEO)
  63. NeoGas (GAS)
  64. Nuls (NULS)
  65. OMG (OMG)
  66. openANX (OAX)
  67. OYOW (YOYO)
  68. Po.et (POE)
  69. Populous (PPT)
  70. PowerLedger (POWR)
  71. Qtum (QTUM)
  72. Quantstamp (QSP)
  73. Raiden Network Token (RDN)
  74. Request Network (REQ)
  75. Ripio Credit Network (RCN)
  76. Ripple (XRP)
  77. Salt (SALT)
  78. Simple Token (OST)
  79. SingularDTV (SNGLS)
  80. SONM (SNM)
  81. Status (SNT)
  82. Stellar Lumens (XLM)
  83. Storj (STORJ)
  84. Stratis (STRAT)
  85. Substratum (SUB)
  86. Super Bitcoin (SBTC)
  87. TetherUS (USDT)
  88. Tierion (TNT)
  89. Time New Bank (TNB)
  90. TRON (TRX)
  91. VeChain (VEN)
  92. Verge (XVG)
  93. Viberate (VIB)
  94. WaBi (WABI)
  95. WaltonCoin (WTC)
  96. Waves (WAVES)
  97. Zcash (ZEC)
  98. ZCoin (XZC)
  99. ZRX (ZRX)

Benefits and risk of trading

Trading can be extremely risky and may result in losses. Every sell also involve a purchase from somebody and there is always a chance that one of these two people will be benefited more with the trade. However, if you purchase at the low price and sell at the higher price then there is a chance that you can make good money out of trading. There is no limit on how many times you can trade so you can repeat the cycle of buying and selling to maximize profit. The main benefits of using Binance trading platform is that you can purchase any altcoins at very low price and keep it for long enough time till it becomes more valuable.

Where to begin

You first need to join Binance. Once you joined, you need to verify your identity by uploading your identity card. Once your identity is verified then you can start trading on the Binance platform. They generally take 1-2 days to verify account which also depends on how busy is the queue.