New to the Crypto world? Want to make some money for yourself, without spending your cryptocurrency? Then you are at the right place. Here in this article, we show you how you can make money with your cryptocurrency without spending them. One such way is Dividends. Are you aware of what dividends are in the stock market? The crypto dividends work more or less in a similar manner, but you can think of them as crypto rewards. They can act as a passive income source for you while you hold them in your wallet.

You can earn the dividends paid by these crypto companies simply by holding them in your wallet or staking them or by creating a transaction. Most of the time the amount you receive back as a dividend is based on the amount of crypto you hold and the action you choose to do with them.  

There are different ways in which you can earn dividends as we already mentioned before. The two popular ways are Staking and HODLing. Staking is holding a Proof of stake cryptocurrency in your special wallet or in the supported exchange. Whereas HODLing is holding the cryptocurrency that you buy in your own wallet.

Dividends have become pretty popular in recent times as many who wish to keep their crypto assets to themselves for longer times have turned towards it. This way you can earn passive income even while you are sleeping. There are a lot of cryptocurrencies that pay your dividends while you hold them. Let us have a look at what they are, how they work and how much can you make out of them.

Cosmos(ATOM)

Have you ever heard of Cosmos(ATOM)? You might probably have. If you didn’t, It is one of the popular staking cryptocurrencies out in the crypto world. Cosmos(ATOM) allegedly aims to become an internet of blockchains as they connect different blockchains and enable us to swap crypto between different blockchains.

Binance, one of the biggest centralized exchanges out there alongside a hundred other companies is using Cosmos(ATOM) for its project. Since it works on a proof of stake principle, Cosmos(ATOM) provides dividends for staking. But the returns you receive are higher compared to other cryptocurrencies. Cosmos(ATOM) gives you 8% annual returns on your crypto assets. Since Cosmos(ATOM) is growing more and more each day, your rewards will be growing alongside it.

VeChain(VET)

Like Cosmos, VeChain(VET) is also another staking coin that you might want to consider. Compared to other coins that rely on Staking, the returns on VeChain(VET) are relatively low, nevertheless, its future potential makes it one of the best cryptocurrencies to consider with respect to paying dividends.

This project aims to use blockchain technology for the supply chains in the process of moving services and products to customers from suppliers. Compared to other cryptocurrencies, staking the VeChain(VET) is pretty easy. You just need to hold the coins in a wallet that supports VeChain(VET) and as a reward, you will receive VTHO, which they use to pay for the transaction on the network. The annual return you get by staking VeChain(VET) is 1.5% of the VeChain(VET) you hold.

NEO (NEO)

NEO is also among the cryptocurrencies that pay you dividends. NEO is also considered to be Chinese Ethereum because of its origin and its contacts with the nation. Just like VeChain(VET), NEO also doesn’t pay higher dividends like a few others but can be an excellent source of passive income. It has worked with several popular companies in different aspects.

Even though they might not pay high dividends unlike a few other cryptocurrencies, but down the line NEO coins(NEO) might prove to be a lot more valuable. Which in other words means that by choosing NEO, you might not only get a passive income but also get to be the future investors of NEO itself. You get paid in GAS which is what NEO users pay for the smart contracts. With NEO you will get 2% interest yearly.

Tezos(XTZ)

Similar to Ethereum(ETH), Tezos(XTZ) is also one of the popular blockchain platforms, which is also known to have one of the all-time biggest ICOs. This platform focuses on resolving the governance issues which are common in blockchains like Ethereum(ETH) and Bitcoin(BTC), due to the lack of formalised governance process to make important decisions pertaining to the blockchains like network upgrades.

Tezos(XTZ) allows its stakeholders to vote on the decisions related to network changes and implements the changes as they receive enough votes needed for the change to take place.

Now, the stakeholders of Tezos(XTZ) can also take part in staking rewards alongside governance decisions. Since the platform itself is earning more and growing each day, you can expect to earn more by staking Tezos(XTZ) and earning dividends through it. Tezos(XTZ) is currently paying 6% annual interest on your crypto assets.

Komodo(KMD)

Komodo(KMD) is a blockchain platform that uses its currency KMD for transparent, fungible, anonymous and private transactions. They use delayed Proof of Work(dPoW) protocol, which makes it even more secure. The platform is also part of SuperNET which is a broader decentralised economy.

Staking with Komodo(KMD) is not entirely pure staking as you won’t be needed to keep your wallet open all through the year, but here you will be needed to keep the Komodo(KMD) in your wallet and move them around once a year. Komodo(KMD) currently is paying 5% annual returns on the number of crypto assets you are holding in your wallet.

In Conclusion

Earning passive income through dividends has become more popular these days as people are looking for new ways to earn money with the crypto assets they hold. Since there are a lot of coins that allow you to do so, your work has now become easier than ever. Find the cryptocurrency(s) that you might be interested in and check whether they are paying dividends or not. If yes check if it suits you, and proceed with it. Found this article useful? For more such articles visit Postling.

Bitcoin(BTC) has emerged to be on the top of all cryptocurrencies and it is only a matter of time until it reaches the heights no other cryptocurrencies can aim for. With this in the perspective, it is not an exaggeration to say that the word about Bitcoin(BTC) is in almost everyone’s mouth. People progressed to buying Bitcoins(BTC) now than just discussing them. Since everyone’s eager to buy Bitcoins(BTC) the question of how to buy them pops up more than ever. A lot of people are now eager to know how they can buy Bitcoin(BTC) using PayPal. Some of us might even wonder why to buy Bitcoins(BTC) with PayPal while there are a few other options available. 

For starters, PayPal has become a popular payment method all over the world. It is a more convenient method of payment compared to other payment methods. It offers more ease and comfort and most important of all is that it offers secure payments that we are well aware of.

If you are a resident of the United States you can buy various cryptocurrencies using Paypal which also includes Bitcoin(BTC). It means that you don’t need to use any other platforms or methods to buy Bitcoin(BTC) as long as you are in the US. But if you are a resident of some other country you won’t be able to do so with the PayPal app or website. So you might need to use some other methods in which you can buy Bitcoins(BTC) with PayPal.

Here are a few methods through which you can buy Bitcoin(BTC) with PayPal, let’s go ahead and check them out.

eToro 

There are not many options for you to buy Bitcoin(BTC) with PayPal. And eToro is one of the best ways that enable you to do so. Other than eToro, there was VirWoX that used to be a forerunner in the field. But since it got shut down in the month of January(2020) the platforms that can help you buy Bitcoin(BTC) with PayPal have become even lesser. 

eToro is one such platform that you can rely upon if you wish to use PayPal to buy your Bitcoins(BTC). It is a social trading platform that offers financial services and also lets you deposit using Paypal. This platform allows you to buy Bitcoin(BTC) but you will be needed to withdraw them to eToro wallet if you wish to withdraw them somewhere else or spend or send them. Buying your Bitcoins(BTC) through eToro is beginner-friendly and it also supports several other payment methods aside from PayPal. Here you will be needed to make an initial deposit of $200 at least.

Though eToro is available in a majority of countries, it is still not available in countries like Afghanistan, Belarus, Ethiopia, Botswana, Guinea-Bissau, Cuba, Guyana, Albania, Crimea Region, Myanmar, Burundi, Canada,  Somalia, Sudan, Guinea, Iran, Uganda, Yemen, Namibia, Nicaragua, the Democratic Republic of the Congo, Palau, Samoa, Congo Republic, Laos, Libya, Serbia, Syria,  Chad, Japan, Turkey, Brunei, Mali, North Korea, Bosnia and Herzegovina. Also for the US residents, eToro does not offer a PayPal payment method as they can directly buy Bitcoins(BTC) through PayPal official website and the app.

Coinbase

Coinbase, to date, is one of the most popular crypto exchanges available out there. It is so far the simplest to use with a user-friendly interface. Coinbase has introduced the PayPal buying option to its platform in the April of 2021. Since it added the PayPal buying option, it has made Coinbase simpler to use for the users than it previously was.

Now the users can directly pay using PayPal using the bank accounts and debit cards connected to their PayPal account. One thing to note here is that Coinbase is a US-only exchange so if you wish to buy Bitcoin(BTC) using PayPal through Coinbase, you can only do so if you are a citizen of the United States.

LocalBitcoins

LocalBitcoins is one of the popular ways to buy Bitcoins(BTC). This platform works similar to other sites like eBay. There are sellers and buyers on LocalBitcoin. It works when both the seller and the buyer in this case you, make offers stating prices for the Bitcoin(BTC) in the sale.

Both the parties need to come to an agreement on the price and once the agreement is achieved the sale can happen. You can either deposit the money to the seller through wire or you can meet them up directly to make the trade. Since the method of payment can be up to the seller’s choice you can easily find sellers that agree to receive the payment through Paypal in most cases, which makes the job easier for you.

Wirex

Wirex is a debit card that enables you to convert fiat and cryptocurrencies into either when you want to spend them. With Wirex you can spend money anytime and anywhere you like.

You simply need to load the card with currency, crypto or fiat. You can do so through bank transfers or through credit or debit cards or crypto. Since it is a debit card you can link it to your PayPal account and make transactions using it.

In Conclusion

A lot of people find buying Bitcoins(BTC) with PayPal to be more convenient and comfortable than the other options available. Since PayPal only introduced that option for the US residents, for the rest of the world the options are very limited. The above-listed platforms can help you buy Bitcoins(BTC) with PayPal in other countries of the world. As for US citizens and residents, buying Bitcoins(BTC) through PayPal is as easy as shopping on Amazon. You just need to log in to your PayPal account and select Bitcoin(BTC) under the cryptocurrency section and proceed to buy it by entering the amount of Bitcoins(BTC) you wish to purchase. Choose your preferred payment method there and click on ‘Buy’. It is as simple as that. If you wish to consider other options you can also check out Venmo, which is owned by PayPal. Found the article helpful? If yes, you can check out more such articles at Postling.

Since Bitcoin(BTC) has become popular all over the world, there are more people who want to buy Bitcoins for themselves, now more than ever. Although everyone is interested in buying Bitcoins(BTC), very few people are aware of the process. One thing about blockchain technology is that all the purchases made on the particular blockchain are recorded on a global ledger that is publicly shared, which means if you buy or sell a Bitcoin it would be recorded on the blockchain and your purchase is not anonymous anymore. 

Though blockchain technology makes the transactions secure, if you really want to anonymously buy Bitcoins(BTC), that could be nearly impossible. You might want to remain anonymous because you are concerned about your privacy or maybe because you don’t have a valid ID to pass the verification. Whatever might be your reason, buying bitcoins without verification can be made possible via some marketplaces.

Since you are willing to check out these other sources to buy bitcoins being anonymous, you should also know that almost everything comes with a price. If you want to buy Bitcoins(BTC) and remain anonymous at the same time, you might be required to pay some price for that anonymity. The price you pay here would be a little more than the price you pay when you are buying Bitcoins(BTC) conventionally. 

That being said, here is some information we gathered for you, on the best ways in which you could buy Bitcoin(BTC) with no verification. Let us go ahead and have a look at them and maybe choose the ones that might suit your requirements as well.

And one more thing that you need to keep in mind is that if you are planning to buy Bitcoins(BTC) one of the first things that you need is a wallet to store your Bitcoins(BTC).

Now that we are clear let’s jump into the topic.

LocalBitcoins

LocalBitcoins promote peer-to-peer trading. In many ways, it is similar to the well-known marketplace eBay. Here on LocalBitcoins, you will purchase Bitcoins(BTC) directly from the seller. The platform is built atop the Tor network which has no central servers. Here there are sellers and buyers. The buyers can buy Bitcoins from the sellers without any verification.

They both can make offers and agree upon a price and make the trade either through cash deposit or meeting them in person and then trading cash. One advantage of using LocalBitcoins is that as long as there is a seller available, LocalBitcoins will be available anywhere.

BitQuick

Another way through which you can buy Bitcoin(BTC) without verification is with BitQuick. Bitquick facilitates your transaction between you(the buyer) and the seller via cash deposit. It supports thousands of banks, so you don’t need to worry about that. While buying Bitcoins(BTC) through BitQuick, both the users need to agree on the price of the trade.

Once you agree, the seller will hand over the Bitcoins(BTC) to BitQuick. Until the buyer makes the deposit of the agreed-upon amount to the seller’s bank account BitQuick holds the Bitcoins(BTC) acting as an escrow. After the buyer deposits, the amount and the seller confirms the transaction BitQuick will move the Bitcoins(BTC) to the buyer’s wallet completing the transaction.

Bitit.gift

With Bitit, you can buy Bitcoins(BTC) using a 3D secure credit or debit card within minutes. If you want to use cash for the transaction, you could do so in over 150 thousand local stores using various gift cards like Cashlib, Neosurf and Flexepin.

One drawback about using Bitit is that you can purchase your first 25 Euros without any ID verification, but later on you will be needed to provide some of your personal information like your name, Date of birth, Address, city, country and phone number.

Bitcoin ATMs

There is another simple way using which you can buy Bitcoins(BTC) without verification. That is Bitcoin ATMs. These ATMs are available in many places and using them is as simple as using our regular ATMs. But one difference is that instead of withdrawing your money in your respective currencies, the ATM will be delivering the Bitcoins(BTC) to your wallet address. You can see different types of Bitcoin ATMs available out there that are made by several different companies and most of them don’t ask you for verification. 

With these ATMs, you can buy Bitcoins(BTC) very easily. You just need to insert the cash required for the transaction and the Bitcoins will be deposited into your wallet address. As a transaction fee, these ATMs will charge you a 5 to 10% fee upon your deposit. 

ShapeShift

Shapeshift is more of an exchange than it is a selling platform. This exchange lets you buy Bitcoins without verification as here you would be swapping other coins for Bitcoins, which means you first need to buy those coins in order for you to swap them to Bitcoins. But if you already have any other coins like Litecoin, Tether(USDT), Ripple(XRP), Ethereum(ETH) or Monero(XMR), you can buy bitcoins with them in seconds without any ID verification.

All you need to do is visit Shapeshift.io and choose the coins that you wish to trade from the box displayed. Make sure to check that under ‘Deposit’ you select the coins that you wish to swap and under ‘Receive’ select Bitcoin(BTC) and then continue with the trade. Then you need to enter the addresses that are asked in the pop-up screen and then proceed by clicking Start transaction. Then you can complete the trade by depositing your other coins and within seconds the Bitcoins(BTC) will be deposited into your Bitcoin wallet.

Wrapping up

There might be many reasons that make one to prefer buying Bitcoins(BTC) without verification. Some may have privacy concerns, some might be tired of the long waiting time to complete the verification process and some with some other reason. Whatever might be your reason, above mentioned ways can help you buy Bitcoins(BTC) without verification. Choose the one that suits you best and proceed with it. Found the information helpful? For more such articles visit Postling.

What is a  crypto derivative?

A cryptocurrency derivative is an automatically enabled financial contract between traders and the transactions or exchanges or trading of these cryptocurrencies are based on prices of the particular asset at a specific point in the future. Simply put, a crypto derivative is a security that can be traded.

How do crypto derivatives work?

The underlying asset in derivatives trading is always a cryptocurrency token, on the fundamental level, crypto derivative trading is nothing but crypto tokens trading itself but instead of the transaction happening at present, it happens at a specified point in the future.

The stipulated exchange is secured and sealed by the two parties with the help of a smart contract. Parties or traders or transactors make a smart agreement in the initial phase in which the seller agrees to sell the specified quantity of cryptocurrency at a specific date and time, irrespective of the price of the tokens then.

This trading practice is of use to investors in capitalizing on the change in the price of the tokens during buying and selling.

Crypto derivatives can be exchanged on both centralized and decentralized exchange platforms. Crypto derivatives trading offers more flexibility to exchange platforms than the traditional trading options and also pays a higher commission to the exchange platforms.

Increasing potential of Crypto potential trading platforms:

Cryptocurrency derivatives trading is a fruitful opportunity for investors to evade risks that accompany the price volatility of digital assets. This development has boosted the confidence of aspiring investors to put their earnings into action and take their luck for a spin. There are many other benefits of crypto derivatives trading for the institutions of Finance:

• A chance to dive into the world of Decentralized Finance.
• Induces the increase in the inflow of investors into crypto trading.
• Useful in implementing complicated strategies like shorting.
• Due to the automation of the process of making smart contracts, a phenomenal increase in the speed of the transactions.
• Expansion of crypto markets
• Expansion of market capitalization of various cryptocurrencies.
• Greater security for the transactions and pledged digital assets.

Best crypto derivatives exchanges in the world

Binance

Binance is deemed as the best exchange for crypto derivatives trading in the whole world. Binance is deemed as the best exchange platform also for traditional trading and rolled out the margin for the last few years. Humongous customer base spread across the world and large trading volume are the key factors which helped Binance to occupy first place in the list of finest crypto derivatives exchange platforms. There are 4 types of derivatives products available on the Binance crypto derivatives trading platform. They are:

USD Margined Futures Contracts

These delivery contracts can be discharged in USDT and BUSD

Coin-Margined Futures Contracts: These are continuous delivery contracts that can be settled in Bitcoins / BTC or Ethereum / ETH.

Binance Options: These options help maximize the products or minimize the losses.

Binance leveraged Tokens: They help users to have greater exposure to the tokens.

Binance collects a very appropriate fee for derivatives trading, there is afeee exemption for depositing funds on Binance. The trading fee is also negligible of the total transaction value. Users can further lower the trading fees by owning BNB tokens of in-house Binance coins. The Binance crypto trading platform is a very secure platform for trading that offers a 2 step user authentication. The customer support team of Binance has won accolades across the world. The trading platform can be accessed even when connected to a VPN

Bybit

Bybit is a dedicated crypto derivatives trading platform and it began operations in the year 2018. There are three types of derivatives products available on Bybit. They are:

USD Marginal Perpetual: USD marginal perpetual contracts can be discharged in USDT or Tether.

Coin margin Inverted Perpetual: Coin margin Inverted perpetual contracts can be settled in BTC and ETH.

Coin Margin inverse Futures: These contracts can also be settled in BTC and ETH

Even though the Bybit platform is not a company that has been operational for very long, Bybit has gained popularity in the community of derivatives traders, as it is a dedicated platform, entirely meant for facilitating crypto derivatives exchange.

The trading fees in But are very nominal. Bybit charges traders 0.075% of the total transaction value and then rewards them with 0.025% to the maker of the market. Bybit processes transactions at jet speed. Claims by Bybit proves that they can process 1 lakh transactions per second. By its, the user interface is also friendly for both new traders and professional traders alike. Bybit is available in both desktop and mobile application versions.

FTX

FTX has started its operations in 2019 and 90% of the total profits of the exchange are contributed by derivatives trading. Along with offering to trade digital assets, FTX enables its users to bet on real-life events like elections. The three types of derivatives offered by FTX are Non-inverted futures, options and prediction markets. Derivatives available on FTX are backed by stable coins.

Deribit

Deribit is operational in more than 100 countries and offers debit perpetual, debit futures and Derbibit options. Deribit supports 24/7 trading.

Bitmex

Bitmex is a very popular derivatives trading platform, which was started in 2014. It offers BitMEX futures and BitMEX perpetual as derivatives products. Bitmex offers round the clock customer support in many global languages and market takers charge 0.075% of every transaction facilitated by Bitmex.

Gate.io

gate.io offers derivatives in three types, warrants, futures and perpetual contracts. The platform offers 149 future contracts to traders.

 Huobi Global 

Huobi is one of the largest derivatives exchange platforms in terms of volume of liquidity. It offers 4 types of derivatives. USDT  margined swaps, Coin margined swaps, Futures and options.

OKEx 

OKEx is a popular platform in the derivatives trading world and offers derivatives as contracts, perpetual and options.

MExC Global

With a decent interface, MEKC global is a popular derivatives platform based out of Seychelles, Africa.

Conclusion

To read more interesting Crypto articles, refer to Postling blog.

What is Dai (DAI)?

Dai is a stable coin and decentralised cryptocurrency which was produced and controlled by Maker DAO. The value of DAI is secured at $1USD that makes it a stable coin.

Understanding Stable Coin

The CDP (collateralized Debt Position) is a concept related to financial cryptocurrency that’s been developed as a part of the MakerDAO project and offers a solution to the highly volatile nature of cryptocurrencies through DAI which is a stable coin.

Stablecoins are a distinguished set of cryptocurrencies that are created with an intent to alleviate the volatility associated with Cryptocurrencies. Stablecoins also offer certain benefits such as ensuring secure transactions, lower fees, instant transfer etc., DAI is a stable coin that enables its users of all these features as it is backed by underlying assets. 

Maker Protocol 

It is the foundational system that has been developed by the creator of DAI R.Christensen. The point of the Maker protocol is to enable anyone from around the world to produce DAI stable coins by making use of a variety of cryptocurrencies as collateral.

Ethereum, USD Coin (USDC) are some of the examples of these coins or tokens that are accepted as collateral.

Decentralised Exchange

It is a cryptocurrency exchange that enables users to exchange coins and tokens. The nature of DEX (decentralised exchange) transactions is such that there is no involvement from a third party making it a permissions transaction.

However, DEX runs on computer code that can lead to smart contracts that run on a blockchain. The blockchain and smart contract together ensure the execution of any transaction without any need for bank approval, credit check. 

Who are the founders of Dai (DAI)?

MakerDAO was founded by Danish entrepreneur R.Christensen in the year 2014 with its operating system being Ethereum.

Co-Founder and CE:  Rune Christensen  

What makes Dai (DAI) unique?

• A Dai is always worth USD1D each 
• A DAI can be owned, accepted and transferred by anyone if they have an Ethereum wallet. 
• The users have the liberty of trading it freely which is similar to other ERC20 tokens
• The exchange doesn’t involve any middlemen.
• It doesn’t have any individual or company’s control over it and can’t be shut down by the government. 
• With DAI, USD can now be transferred across the borders without any fees.

How Many Dai (DAI) Coins are in circulation?

The supply of DAI is dynamic with no upper limit on the total supply. There are around 940 million DAI in circulation as of 2020.

Why is DAI finer than many other stable coins?

DAI is one of the examples of stablecoins while other ones are USSR and USDC. These tokens’ issuance and the regulation are under the control of governing companies that make it difficult to call them deconcentrated. 

USDT is a token that is issued by Tether and every time a USDT token is minted by Tether it must be by a USD. Therefore, there should be an individual or an organisation that can keep track of the minted tokens to make sure each one is backed by real money. In the year 2019 $5 billion worth of stablecoins were accidentally minted but destroyed promptly.

In the year 2017 -18 Tether was accused of minting tokens that aren’t backed by underlying assets. The accusations also suggested that the tokens were used by Tether to buy Bitcoin and subsequently manipulate its price.  Since these tokens are controlled by companies and subjected to human intervention such problems are bound to arise.  On the contrary,y DAI is independent since its issuance and governance are controlled by smart contract- programs that are run on the immutable blockchain.

How do we buy DAI?

DAI is available for purchase on all major exchanges and decentralised exchanges. A simple deposit of fiat currency and exchanging it for DAI would work fine. Through  

Maker Collateral Vault one can generate as well as borrow DAI which can be created through Maker DAO’s Oasis Borrow dashboard and subsequently deposit assets that are Ethereum based as collateral. 

The same works for loans that are traditionally collateralized. Once the borrowed DAI is returned, it unblocks the collateral upon deducting a fee. The implementation of all of this is made possible by the smart contracts that make Dai an efficiently decentralised stable coin.

How does Dai (DAI) Work?  

Dai has been created with the intent to carefully balance the economic incentives by enabling it to continuously approach the United States dollar value. USD 1D)

The mechanisms are designed in such a way that they work to decrease the price when Dai is above USD 1 and vice versa. This is why the value of Dai is either above or below $1USD but never achieved.

Uses of Dai

If you own DAI, it can be used in numerous ways across the network of Ethereum such as Staking idle tokens to generate interest, borrowing DAI to purchase other coins, Dai can also be a stable investment for holding profits from other token sales, in-game purchases etc.,

Purpose of Maker token

There are 2 distinct features to the Maker token. 

One of which is owning Maker enables you with the right to vote on the Maker system.

This is why Maker is called Maker DAO 

( Decentralized Autonomous Organisation). The holder of MKR can vote on debt ratios and can even shut down the entire system in case of a ruinous failure.

The second distinct feature is paying down debt in a Collateral Debt Position (CDP) would require the owner to pay an annual fee of 1% for taking out the loan which is payable only in MKR. The MKR thus used to pay off the loan will be destroyed. This burning of MKR encourages the value of MKR to increase in the long run.

Conclusion

DAI offers immense flexibility and utility value with its price stability. DAI is prominently used to provide equity for projects of DeFi. However, one downside of DAI is one can end up with a huge loss of overcollateralized assets if DAI is borrowed on Maker protocol. On the bright side, active and informed decisions made regarding the investment are always rewarding. To read more interested articles about cryptocurreny, visit Postling blog.