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Coinsbee – Buy gift cards using crypto

Coinsbee offers the ability to purchase digital gift cards, mobile recharges, game credits, and vouchers for prepaid credit cards worldwide, using cryptocurrencies. They accept nearly 50 different cry

The post Coinsbee – Buy gift cards using crypto appeared first on AMBCrypto.

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Coinsbee offers the ability to purchase digital gift cards, mobile recharges, game credits, and vouchers for prepaid credit cards worldwide, using cryptocurrencies. They accept nearly 50 different cryptocurrencies such as crowd favorites BTC, ETH, LTC, and USDT among many others.

The user interface supports six languages, primarily European, with the exception of Chinese. It offers hundreds of brands that span across more than 150 countries worldwide.

This festive season of hectic gift purchases can be made a whole lot easier using Coinsbee.

Products

Coinsbee offers e-Commerce products such as coupons, gift cards, or voucher codes that can be purchased using cryptocurrency. The voucher codes will be sent to the email address the user has provided and they are immediately valid.

Coinsbee - Buy gift cards using crypto

Source: Coinsbee

Popular brands such as Amazon, eBay, Netflix, Uber, Steam, and Vodafone are catered to by Coinsbee, among dozens of others.

Using Coinsbee is intuitive, easy, and safe. The user needs to find and add to their shopping cart the products they require, and select what values for the cards they require, as well as the region. Then, they need to specify what cryptocurrency they wish to see the price in. After the user is done choosing, they can proceed to checkout.

Coinsbee - Buy gift cards using crypto

Source: Coinsbee

The user is requested to make sure that the gift card they chose is for their region, and are requested to accept terms and conditions before proceeding with the purchase.

Selecting the “buy now with cryptocurrencies” option leads to the invoice screen, where the customer can change what crypto they choose to pay with. Once this is selected, they receive a QR code and a wallet address to send the coins to. The sale is done, and the user receives their digital gift card to their email address shortly after completion of this simple process.

Beyond borders

The exciting part about Coinsbee is how they cater to customers across the world and offer so many products from different areas of interest. For music, the user can opt for Spotify or iTunes. Video game-related gift cards can be purchased for popular platforms such as Steam or Origin. Digital services such as Netflix and Vodafone are also supported. Vouchers for Mastercard, Visa, and PayPal prepaid credit cards can also be purchased and immediately availed of.

Using cryptocurrencies for everyday purchases has been difficult for a long time. With Coinsbee, it is a simplified process. The standards of service are high and customer satisfaction is a top priority. Coinsbee has a 4.7 rating out of 5 on Trustpilot, and many users have affirmed that Coinbee services are easy and quick to use.

Disclaimer: This is a paid post and should not be taken as news/advice.

Source: https://ambcrypto.com/coinsbee-buy-gift-cards-using-crypto

Blockchain

Tron, Augur, Maker Price Analysis: 16 January

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TRX moved within a fixed channel as momentum rested with neither the market’s bulls nor the bears. Augur looked to claw back to the $21.6-mark, but a boost from market leaders BTC and ETH might be required to make the ascension possible on the charts. Finally, MKR looked to break above $1,563 and targeted a move closer to its record high levels.

Tron [TRX]

Source: TRX/USD, TradingView

Tron revisited the $0.029-level after bouncing back from $0.027. However, the crypto’s price failed to break above its immediate resistance and traded between $0.029 and $0.031 over the past couple of days. The next few trading sessions could see the price trade back and forth between the aforementioned channel, since the indicators remained neutral and did not specify a breakout in either direction.

The Awesome Oscillator was bullish-neutral and showed a balance between the buying and selling pressure. A bullish outcome could see the index rise above the equilibrium-mark, while the price could look to target the $0.032-resistance level.

The Bollinger Bands were converging at press time and highlighted low volatility in the crypto’s price. This hinted at the possibility of TRX trading between its present channel moving forward.

Augur [REP]

Source: REP/USD, TradingView

Augur looked to climb back towards the $20-mark at press time as the price rose by over 3% in 24 hours. A rise above the press time resistance could confirm a bullish trend, while the price could look to target the $21.6-mark after doing so. However, a broader market rally might be required to push REP towards the aforementioned levels as the indicators were bullish-neutral on the crypto-asset moving forward.

The MACD was on the verge of a bullish crossover, but the momentum could shift either way as the bars on the histogram seesawed at the equilibrium mark.

The Chaikin Money Flow stabilized above zero and hinted that capital inflows could prevent the price from moving lower on the charts. However, it also suggested that an external impetus would be needed to boost the price beyond its upper ceiling.

Maker [MKR]

Source: MKR/USD, TradingView

After scaling to a record high of $1,999, Maker cooled down and fell below several key levels till it found support at $1,153. The price rose once again from this level, but the gains were capped at the resistance level of $1,563. However, sellers might struggle to keep the price below its current resistance as the indicators were largely bullish for MKR.

If the Stochastic RSI continues its upward trajectory into the overbought zone, the price could break above its immediate barrier and head close to record levels once again.

The Chaikin Money also confirmed the possibility of a bullish outcome as more capital was moving into the cryptocurrency.

Source: https://ambcrypto.com/tron-augur-maker-price-analysis-16-january

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Blockchain

Chainlink Price Analysis: 16 January

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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice

Chainlink looked to be strongly bullish on the price charts as it broke past its previous all-time high to touch $22.56. While the market-wide correction on 10 January saw LINK drop from $17 to $12.6, its recovery since has been extraordinary. In fact, a pullback to the confluence of support levels at $20 would be an ideal scenario for traders to enter or add to a long position.

Chainlink 12-hour chart

Chainlink Price Analysis: 16 January

Source: LINK/USD on TradingView

Using the double bottom formed by LINK in late December at $10.4 as the beginning of LINK’s ascent, both Fibonacci retracement levels (white), as well as Gann fan lines (yellow), were plotted. These lines gave some levels of support for LINK and projected upside targets.

A move past the ATH means that, on the longer timeframes, LINK does not have any resistance to the upside.

The surge from $14 did not yet show clear signs of an impending pullback, while the 27% extension projected an upside of $28 for LINK in the coming weeks.

In the event of a pullback, some areas of interest were highlighted where the price can expect a reaction. Further, LINK’s shorter timeframes showed a bearish divergence between the price and momentum, something that could contribute to a minor dip on LINK’s charts.

On the 12-hour chart, the RSI and the Stochastic RSI climbed into the overbought territory, but this was no evidence of an impending pullback. Rather, it pointed to the strength of bullish momentum behind LINK.

The first was the $19.8-$20 region. This region is a confluence of the previous ATH, as well as an area where the price stalled on the shorter timeframe, making it a former region of supply-turned-demand.

Beneath this line, there were the $18.89 and $17.5-levels of support, but there was no evidence yet to indicate a drop deep enough to test these levels.

The long-term outlook for LINK still remained strongly bullish at press time, and the next week or two could see LINK reach the projected $28-mark. For just the surge from $13.2 (The dip on 13 January) to $22.7, the 27% extension level gave a target of $26.

Source: https://ambcrypto.com/chainlink-price-analysis-16-january

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Blockchain

Ethereum competitor Near Protocol (NEAR) gains 106% as DeFi heats up

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Near Protocol (NEAR) is a smart contract platform that uses parallel processing to scale the network. This technique, known as sharding, resembles what Eth2 is aiming to achieve and Near’s proof-of-stake consensus mechanism also allows token holders to stake their coins. 

In the past month, NEAR has rallied by 107% and this raises questions on whether the project is making significant strides in what has become an ultra-competitive smart contract industry.

NEAR/USDT (Binance). Source: TradingView

Compared to its competitors, NEAR is a relatively new project as the mainnet only launched in April 2020. Unlike Ethereum, NEAR’s consensus mechanism works towards fee stabilization and according to its website, the protocol aims to accelerate the development of decentralized applications.

Interestingly, Near’s ICO took place four months after its mainnet launch. A possible reason for this is that the team raised $35 million in private funding rounds held in July 2019 and May 2020. Among its investors are Andreessen Horowitz’s a16z Crypto Investments, Pantera Capital, Electric Capital, and Ripple’s incubator Xpring.

Over the past three months, Near Protocols’ network activity has increased significantly and information on the Near Blog shows there are a couple of exciting applications already live.

Near Protocol daily number of transactions. Source: explorer.near.org

One is Berry Club, a yield arming app/game that lets players draw with pixels and earn collectible tokens. Another application called Paras also allows users to interact with a NFT digital art card marketplace.

DeFi integration accelerates

On Nov. 24, 2020, 1inch.exchange-backed project Mooniswap revealed their plan to build Automated Market Making (AAM) features on NEAR.The decentralized exchange’s aggregator is designed to roll liquidity and pricing from all significant DEXs into one platform.

Sergej Kunz, CEO and co-founder of 1inch, stated: “By building on NEAR, we’ll be able to experiment with sharding and be prepared for the arrival of Ethereum 2.0.

On Jan. 19, Crypto.com also intends to launch a new pool offering $250,000 worth of NEAR tokens at 50% below the market price. Clients will need to stake CRO tokens and also meet the set trading volume requirements on the exchange.

One area of concern is there are open questions regarding how the community treasury is governed. A substantial number of NEAR tokens are being managed by a handful of people who are not required to abide by clear guidelines and rules.

NEAR Twitter user activity vs. price (USD). Source: TheTie

Data from TheTie, an alternative social analytics platform, shows that the recent price spike was accompanied by increased social network activity. Nevertheless, transfers and transactions on the Near Protocol mainnet began only three months ago.

Compared to its competitors NEAR protocol appears to be in an early development stage. Effectively delivering the Mooniswap integration will likely be an important milestone for the project and if successful, NEAR token could possibly see further upside.

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision.

Source: https://cointelegraph.com/news/ethereum-competitor-near-protocol-near-gains-106-as-defi-heats-up

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