Since the bull run in 2017, the crypto community has become fully aware of the dark side of blockchain. The fact that transactions can be slow, expensive and therefore not suited for small amounts (up to $500).
Note: Transaction costs on blockchains are not related at all to the amount you send. Sending 100 BTC is not more expensive than sending 0.000001 BTC
The price and wait time for transactions are heavily correlated to the amount of people trying to send transactions at certain given time. If a blockchain can handle ~7 transactions per second but 8 are sent, it…
Here is a breakdown of what is new on Vertex
- Withdraw into Exchange Accounts
As the network fees of the two most used blockchains have gone through the roof, we have enabled a feature that allows users, for now only during business hours, to withdraw from their wallet into exchange accounts such as Binance or OKEx directly. This feature is enabled slowly and we will gradually allow more and more users to use it. IF INTERESTED PLEASE CONTACT AN ADMIN IN OUR TG CHANNEL https://t.me/VertexDotMarket OR WEBSITE SUPPORT.
- Feedback for trades
You can leave a feedback for each trade…
As 2020 draws to a close, we would like to sum up this year, as well as share what we have achieved in this extremely challenging year.
This year was a success in many aspects for us! Many new users joined Vertex.Market. We entered into the market in many new countries, improved technological aspects of Vertex, expanded and drastically improved the customer service, and also paid a lot of attention to developing our marketing strategy and improving our website.
Thanks to this, our platform has become more simple to use and a lot more convenient for our users.
Tether belongs to a new breed of cryptocurrencies called stablecoins that aims to keep cryptocurrency valuations stable, as opposed to the wide swings observed in the prices of other popular cryptocurrencies like Bitcoin and Ethereum. That would allow it to be used as a medium of exchange and a form of store of value, instead of being used as a medium of speculative investment as you can not trade the price fluctuations of a stablecoin, like you can normal crypto.
Tether specifically belongs to the category of fiat collateralized stablecoins, that is — a fiat currency like…
What is a stablecoin?
A Stablecoin is a fixed-price cryptocurrency where the market value is attached to another stable asset. Differing from normal cryptocurrencies, stablecoin’s are pegged to assets such as certain fiat currencies that can be traded on exchanges, including the U.S. dollar or the Euro. Some stablecoins can be pegged to other types of assets, including precious metals, such as gold, and even other cryptocurrencies. Vertex.Market supports USDT and USDC.
These transactions are completed using the blockchain which eliminates the need for banks, who often slow payments down significantly.
For example, if you are in the United Kingdom but want to send funds to America. The first step would be converting fiat currency into a digital asset of your choice. Here at Vertex Market you can buy Bitcoin, Bitcoin Cash, Litecoin, Ethereum, USD Tether and USD Coin. USDT and USDC are stablecoins; a stablecoin is a fixed-price cryptocurrency whose market value is attached to another stable asset.
The most used payment options differ depending on country, culture and legislation, but we were able to find the most common ones.
According to CoinTelegraph, the largest numbers of crypto users are found in The United Kingdom, United States, Hong Kong and Singapore. Those four countries visibly influence the market — their favorite options being found almost everywhere, and can be found on Vertex.Market
1. SEPA Bank
SEPA is short for Single Euro Payments Area, being an initiative of European Union to simplify bank transfers. …
New payment methods for users in India
You can buy and sell Crypto on Vertex using UPI, IMPS and PhonePe as a payment method.
All three of these payment methods…
You can buy and sell Crypto on Vertex using Google pay as a payment method.
What is google pay?
Google Pay is a digital wallet platform and online payment system developed by Google to power in-app and tap-to-pay purchases on mobile devices, enabling users to make payments with Android phones, tablets or watches.
If you want to Buy Bitcoin using Google pay, go to Buy and Sell Cryptocurrencies in United States with google pay (vertex.market) and look for a seller who is selling Bitcoin using Google pay as a payment method and then you can Buy Bitcoin from…