Blockchain
Vdollar Exchange Review: Trading is Mining a Unique Mining Mechanism
Choosing the best cryptocurrency trading exchange is a challenging task for a trader. Before selecting the right one for your trade, there are several considerations, such as the platform features, charting interface, trading pairs, fees, security, and customer support.
One of the most promising and safe cryptocurrency exchange is Vdollar.io.
Let’s see if Vdollar is trustable, How many pairs it has, Trading fee, Ease of Use, User interface, Security, Compliance, and Legality.
Key Features:
- Over 20+ cryptocurrencies available to trade
- Spot, EFT, Futures and derivatives products
- 0.2% trading fee to exchange crypto assets
- Two Factor authentication
- Mine VDollars (VD)
What Is VDollar Exchange?
VDollar.io Exchange is a United States-based cryptocurrency trading exchange. The name of the company is VDollar Exchange LTD which is registered in Colorado, USA.
Also, the company has the MSB (Money Services Business) registration (which is essential) and is under the United States Financial Crimes Enforcement Network; this means that the trading platform is 100% legit.
The Vdollar ecosystem has three components
- VDollar.io (Exchange)
- VDollar (Crypto Wallet)
- VDollar (Cryptocurrency)
“Trading is Mining ” – This is the motto and working principle of Vdollar’s Cryptocurrency Exchange. In practice, this means that all transaction fees collected by the VDollar are sent to the USDT Reserve Pool. This fee will be later converted to the Tether serve as an underlying asset for the network.
Please note that trading mining doesn’t have much common with mining via processors or ASIC miners. You don’t have to mint coins or crack math puzzles via a mining rig of 6 GPUs. Coins are emitted via trading fees you pay.
According to the project’s white paper, in the first issuance, 4.5 million VDollars will be released.
VDollar Cryptocurrency
In the second phase, there will be issued 2.25 million, and so on. In general, 10 million VDollars will be issued, and every following phase will have as twice as smaller an issuance cap as the previous. This scheme allows you to earn money while trading as the trading fees you pay will gain value and you will be able to participate in the company’s IPO and earn some money. The more you trade, the bigger your share. The info about the destination of the fees you pay can be verified as publicly available addresses.
Super Representatives
Similar to Ethereum 2.0, the Governance on Vdollar cryptocurrency trading platform is executed by 32 super representatives. These super representatives are elected by voting and receive 25% of VDollars mined by their subordinate users. If you want to become a super representative you should apply for it. The application should reveal the size of your user base. Then, through the voting, the most voted candidates make into super reps. The voting rights are granted to those who have passed the KYC check and have money on the balance. The voting takes 24 hours.
At the end of every issuance phase, the 8 super representatives with the smallest mining volume are excluded from the team of super reps. The voting preceding a new phase is aimed to replace these 8 super representatives with new ones. VDollar super representatives are allowed to participate as voters in elections on several platforms.
How does VDollar mining work?
As mentioned earlier, 100% of transaction fees are used as an underlying asset, which is later converted into USDT and added into the reserve pool. Furthermore, it is linked to VDollar through the ERC20 smart contract. The first issue coin is in 1:1 ratio to ensure proper anchoring of the VDollar. The balance and currency available are announced daily and audited manually.
Is VDollar.io Safe?
VDollar.io includes several industry-standard security protocols to ensure customer’s funds on the exchange are safe and secured from online threats. These measures include Two Factor Authentication, Cold Storage Wallets and an SSL secured website.
Account Registration & Login
To create an account with VDollar.io users will need to go through a registration process to create a trading account. VDollar.io exchange will prompt for a username and email. Verification of the email address completes the basic account creation process. A second password will be prompted to withdraw funds from the user’s VDollar.io wallet.
VDollar.io Verification
Proof of identification is not required immediately for trading on VDollar.io. Users can deposit funds to VDollar.io and begin crypto trading without completing KYC. Users will be required to submit identification documents to withdraw funds from the exchange.
These checks and balances are in accordance with AML policies. It is a standard process to protect the digital currency exchange from involvement in money laundering or suspicious activity.
The following information is required to complete VDollar.io verification:
- Name
- Date of birth
- Phone number
- Copy of a valid identification card or passport and proof of address
- Photograph (selfie)
Depositing Funds
VDollar.io accepts deposits for the major cryptocurrency assets and stablecoins such as Tether (USDT) to start trading. Funds can be transferred to a VDollar.io account using the desktop and mobile involves selecting the cryptocurrency to deposit (e.g. Bitcoin), copying the unique deposit address and transfer funds from another exchange or a cryptocurrency hardware wallet. The list of assets that can be transferred to VDollar.io for trading is shown under the ‘My Funds’ page. Users should also be aware there is no option for fiat deposits to buy crypto.
Trading With VDollar.io
VDollar.io has been designed for beginners and advanced cryptocurrency traders on the platform by offering a Standard and Professional user interface. The list of cryptocurrency trading pairs are hidden and can be expanded to view in full.
The standard version (shown below) is assumed to cater to new traders that includes a chart, order entry box, order profile list and trade history. The order entry box is large and easy to use, however the order book and trade history would be a distraction to new traders that do not read this data.
Like most reputable cryptocurrency trading exchanges, VDollar.io will be integrated with Tradingview in future to provide a suite of charting features, indicators and drawing tools. Users can change time frames, add chart indicators and set alerts by right-clicking the charts. This makes it quick and easy to navigate the charts, change features and display preferences.
VDollar Exchange Fees
Unlike many other crypto exchanges, VDollar does not have any fee for deposits made on VDollar exchange. However, a small or standard fees is applicable on withdrawal and trading. As compared with many other tier 1 exchanges such as Binance, KuCoin, Okex etc, the fee is quite low. Also, 100% of the transaction fees are put into the mining pool as the user’s underlying asset. In fact, the user can earn reward points and Vdust with their asset holdings. To know full details of VDollar exchange fees click here.
Exchange/Margin Transaction fee rates:
- Makers 0.2%
- Takers 0.2%
Swaps transaction fee rates:
- Makers 0.06%
- Takers 0.04%
What Cryptocurrencies and Fiats are supported at VDollar Exchange?
Cryptocurrencies Supported: BTC, ETH, VD, FIL, DOGE, XRP, BSV, ZRX, DASH, EOS, ZIL, LTC, LINK, BCH, ADA, ETC, YFI, UNI, ELF, TRX, ZRX, SNT, OMG, and HT
Fiat Supported: EUR, USD, CNY, HKD, KRW, etc.
Conclusion
To conclude our VDollar.io exchange review, the exchange is a one of the leading new cryptocurrency trading platform that provides an easy to use platform for customers all over the world to buy, trade and sell digital assets such as Bitcoin and Ethereum. VDollar.io is a solid exchange that has been designed for traders of varying skill levels, expertise and experience with trading digital assets with several charting interfaces to choose from.
Social Media Channels:
Facebook： https://www.facebook.com/VDollar-103237518352042
Twitter：https://twitter.com/VDollar10
Medium：https://medium.com/@vdollarex
Instagram：https://www.instagram.com/VDollar_Global
Telegtam：https://t.me/VDollar_Family
Cumstar Token is a top trending crypto token that was recently added to CoinMarketCap, and today we’ll take a look inside this Adult Cryptocurrency Project that claims to change the Adult Entertainment Industry.
Today, we’ll look at one of the top adult altcoins introduced to CoinMarketCap, and are generating the most significant attention from investors.
Cumstar has recently become the center of attention in the cryptocurrency industry by having one of the most substantial market capitalizations.
Cumstar Token by Hush Network
The CumStar Token is a project exclusively with adult content, and a sharing platform powered by Blockchain technology and allows token users to purchase adult content on Hush Network platforms on an ongoing basis.
The Cumstar token is the only currency used to purchase content and services on all the platforms, with anonymity and privacy at its heart. It is a decentralized deflationary token designed with complete anonymity in mind for its users.
Which are the Cumstar platforms?
- Hush Network was built to be the ideal adult industry solution and is fully powered by CumStar token, using blockchain technology. When users transact on the various platforms, they have a quick, low-cost, and utterly anonymous experience.
- Cumstar’s streaming platform, Hush Live, like Only Fans, will enable producers to stream a wide range of material, provide an income stream based on blockchain technology, and accept donations from viewers using the platform. It has been prepared for launch and will be available shortly.
- HushNFT.com Marketplace will give a venue for people looking to sell their creative works. After that, the NFTs will be available for purchase, and buyers will have the option of acquiring and displaying their NFTs through an open account or keeping their collections private.
- HushSwap is another blockchain-powered solution that attempts to remove many of the adult entertainment industry’s fundamental difficulties. In addition to 100% tips flowing to CUMSTAR content providers, most issues are managed by eliminating chargebacks and ensuring user privacy and anonymity using blockchain technology. This platform has a slew of features that highlight CUMSTAR technology. Interactive games for their users are among these features.
- Payment Gateway is the $CumStar payment processor that not only provides top-tier adult platforms but also introduces revolutionary technology and is currently available. The web3-powered smart contract can link to ANY Adult website and include $CumStar in minutes. It suggests that the token may be used to purchase ANY items or services on ANY non-crypto website… That is the power of $CumStar!
Cumstar holders are responsible for their wallets, seed phrases, and other personal information, which relieves the Project of much, if any, blame because none of this information is shared with anybody until deliberately submitted, as usual in the cryptocurrency world.
CumStar Token Tokenomics
The native token of the HushNetwork which is built on the Binance Smart Chain network, is $CUMSTAR. Users can connect with our platform, make purchases on the NFT marketplace, and give to their favorite content producers thanks to the CUMSTAR tokenomic system’s architecture. All of this was done anonymously, with the blockchain as a safeguard.
The Cumstar smart contract includes an 11 percent total transaction tax, which is divided down as follows:
- 3% in marketing (in BNB)
- 3% to the liquidity pool
- 2% to reflection
- 2% to burn
- 1% to tipping wallet
CUMSTAR Roadmap until Q4 2021
Should I get CUMSTAR right now?
CumStar is now selling for $0.00000002675. With many contract audits, including the acclaimed Certik Audit, it shows potential as a BSC token.
Its security, according to its inventors, is among the best in the adult cryptocurrency sector. Before making a financial commitment, it’s wise to wait and observe how things progress.
CUMSTAR price forecast:
CumStar’s price might reach a high of $0.00000006 in 2023, according to Priceprediction.net. Its price is predicted to reach a maximum of $0.00000009 in 2024.
The Cumstar token has increased by more than 150 percent in the previous 24 hours, with CUMSTAR’s trading volume reaching 1 544 072 USD.
CoinMarketCap of CUMSTAR
The current Coin Market Cap ranking is #999, with a live Market Cap of USD 15,794,739
It has a circulating supply of 590,413.77B CUMSTAR coins and a Max. supply of 1,000,000,000,000,000 CUMSTAR Tokens.
Where to to buy CUMSTAR
CUMSTAR has yet to be listed on major markets because it is such a new asset. However, you may still buy CUMSTAR on a DEX (decentralized exchange), though it will take a few more steps.
Follow these steps to purchase CUMSTAR right now:
Buy Binance Coin on a licensed exchange or broker, such as Binance
Binance is one of the world’s premier multi-asset trading platforms, as well as an exchange and wallet all in one, with some of the industry’s lowest costs.
It’s also user-friendly for beginners, and it offers more payment options than any other service.
To buy in Binance, you need to:
– Create an account HERE
– Buy BNB directly with VISA
– Transfer your BNB to a Trust Wallet (BEP 20) or Metamask, or others. Do not forget that you first need to create and have your wallet address for effect.
– Swap in any DEX (Sushi Platform, PancakeSwap, Etc.) your BNB to CUMSTAR
You’ll be able to exchange for hundreds of currencies, including CUMSTAR, now that you’re linked.
Exchange your BNB directly from HushSwap to CUMSTAR
CUMSTAR Ambassadors
Cumstar is proud to have such talented ambassadors promoting and interacting within the Adult Network.
Some of these Ambassadors, a.k.a. content creators partnered with Cumstars, are:
- Kukki Doll
- Kali Roses
- Indianara
- Kim Swallows
- Sabrina Night
- And many others
Cumstar Partnerships
Cumstars is thriving for new partnerships. One example is it’s latest one, the Income Island, a Metaverse Mining Game, which will enable to use of $CUMSTARS within the game.
Finally, Cumstar has made an enormous step ahead in capturing the $803 million adult content market to assist adult content creators/performers in anonymously buying and selling their material.
Cumstar has also overcome many difficulties that content developers and performers in the adult entertainment business confront.
The Project has established market and payment solutions that directly benefit adult content consumers, and providers as the need for tailored adult content grows and attracts more people.
Social Links for CUMSTAR:
HushNetwork: https://hushnetwork.com/
HushLive: https://hushlive.com/
HushNFT: https://hushnft.com/
The Bitcoin Taproot upgrade is in the countdown, and, as expected, it could be activated on November 13. The nodes represent the users on Bitcoin Network and protocol.
*Update: We have created a new article with information about the Taproot implementation, which you can see here: “The Bitcoin Taproot update is now live and it will bring significant changes “
It just takes roughly 800 blocks so Taproot can be added to the chain, which must happen in fewer than six days for Taproot to be active in Bitcoin.
The most crucial Bitcoin network and software upgrade of the previous five years is arriving in a relatively short time. Yet, the fraction of participating nodes still hasn’t been updated to accept it.
According to the website given by the developer Luke Dash Jr. concerning the node count, in which only 50 percent of them already support the new version, The client Bitcoin Core 0.22 is the first to offer support to Taproot. Currently.
The dangers of a fork and split of the Bitcoin network are unlikely because of the Bitcoin Taproot Upgrade
According to Taproot, the activation date, which might be between November 13 and November 14 according to Taproot.watch, disturbs several developers and other members of the Bitcoin community.
The main reason is whether the difference between the nodes that activate Taproot and no could cause or encourage a happening division chain ( chain split ). The quick answer is “No,” albeit there are a few flats.
As bitcoiner Nicolas Bourbonni explained that for a chain split to occur, the nodes must amass enough processing power to construct a blockchain that is longer than the existing one. The miners’ evidence of labor accomplishes this.
Given their support for Taproot earlier this year, Bourbonni does not believe miners would wish to run alternative software and reject blocks that contain Taproot-type transactions.
On the other hand, Taproot is incorporated in Bitcoin as a soft fork, implying that this upgrade is compatible with prior versions of the Bitcoin software and the blockchain’s history.
Therefore, an outdated node does not have the power to reject a version of the chain that includes blocks with transactions of the Taproot format, without this leaving it outside the Bitcoin consensus.
Bourbonni noted that nodes that are not updated would not receive transactions from Taproot, such as those that a user could send from their wallet.
Still, these nodes can accept and relay the blocks that include these transactions and are added to the chain by the miners.
don’t think that is possible. First, for a hardfork to exist, there should be sufficient miners with non updated nodes to be able to construct the longest proof of work chain.. but we know, majority of miners are already upgraded.. Second: transactions are still valid for all
— Nico ₿
丰
丰
(@bourbonni)
For his part, Luke Dash Jr. explained that chain divisions should not be confused with a strong fork since this is the particular version of different software and is incompatible with the predominant version in the most significant number of nodes.
An old node is a forced fork concerning each soft fork [the other nodes].
So if we have a lot of old nodes, the rules are not applied consistently, and pressure is created from the [Bitcoin] economic sector to support a hard fork [different version of the software] to remove Taproot, said Luke Dash Jr., a Bitcoin developer.
Dash also noted that the emergence and acceptance of an alternative software or hard fork are unlikely. Still, if a Bitcoin economic sector decides not to upgrade to Taproot, it could incentivize the creation of two different chains ( chain split ).
CryptoDeFinance recently reported that some nodes have been having problems with Taproot transactions in tests carried out by developers.
Therefore, Bitcoin users have been suggested to take certain precautions regarding this upcoming update.
Learn a bit more about the Taproot Upgrade
Rover Finance, a revolutionary payment management protocol, designed to cater to the unique needs of crypto native businesses, raises $350K in less than 5 minutes for its pre-seed round on the 1st of September. The pre-seed for the project was conducted on PlutoPad, the seamless and user-friendly launchpad built on the NORDEK blockchain. PlutoPad offers fast, efficient, and active support to launch web3 projects.
Rover Finance provides a vast array of services including automating payroll processing to streamlining invoicing, bookkeeping, and accounting. The platform empowers web3 businesses with financial operations. For example, corporate employees can withdraw in part fiat, part crypto / full crypto / full fiat, or any other configuration of crypto and fiat that they wish, which eliminates the complex tracking using Excel sheets and negotiations to convince employees to accept full crypto.
The web3 payments solution doesn’t just have these innovative solutions to offer but also has a highly user-friendly interface aimed at making financial management easy. Security is the primary consideration in all things finance – and Rover ensures the utmost standards of security. 100% KYC compliant, Rover Finance is multi-chain, and global, with access in over 140 countries.
PlutoPad chose Rover Finance to be their debut project and support them in the journey from development to deployment to delivery. Here is what the launchpad’s project had to say.
“PlutoPad – the first ever launchpad built on the NORDEK blockchain, has been instrumental in helping us realize our vision of redefining financial management for crypto-native businesses. Their expertise, support, and commitment have been invaluable on this journey”, said Rover Fiance’s team.
About PlutoPad
With marketing pushes, a robust funding ecosystem, integrations and collaborations, user acquisition outreach strategies, exclusive access to expert advisory, active support in developing a comprehensive infrastructure for token sales, informed research reports, and legal compliance assistance – PlutoPad assists chosen innovative projects, from development to deployment to delivery and serves as a platform for introducing trailblazing projects to the world.
PlutoPad and Rover Finance are powered by NORDEK, a revolutionary platform that provides a developer-and-consumer-friendly blockchain environment. With its pioneering ecosystem, focus on innovative solutions, and rapid growth – Rover Finance could not have chosen a better blockchain to build on. The whopping success of the pre-seed round is a testament to the power of the thriving community that drives the NORDEK ecosystem.
With the $350K that Rover Finance has raised, they aim to expand resources and invest in speedy success. This milestone is a result of the trust and support of the crypto community and early investors.
Rover Finance is Raising For its Seed Round
Rover Finance’s seed round is scheduled for 10 September. For the seed round Rover is targeting a $650,000 raise where investing currency would be USDT. A total of 10 Million $ROVE tokens will be allocated for the seed round. The minimum investment amount is $5,000. Invest in a project that has potential here: https://plutopad.com/projects/1694261933955
Rover Finance: https://www.rover.finance/
PlutoPad: https://plutopad.com/
NORDEK: https://www.nordek.io
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