1. Binance Coin: Binance Coin is the digital currency of the Binance stage. It is an exchanging stage only for cryptographic forms of money. The name “Binance” is a blend of paired and back. Binance utilizes the ERC 20 token standard from Ethereum. BNB ought to be conveyed as takes after half of the coins are sold in an ICO, 40% go to the group and 10% to Angel speculators.

2. Tether Coin: Tether converts cash into digital currency, to anchor or tether the value to the price of national currencies like the US dollar, the Euro, and the Yen. Every tether is always backed 1-to-1, by traditional currency held in our reserves. So 1 USD₮ is always equivalent to 1 USD. Our reserve holdings are published daily and subject to frequent professional audits. All tethers in circulation always match our reserves. The Tether platform is built on top of open blockchain technologies, leveraging the security and transparency that they provide. Tether is the most widely integrated digital-to- fiat currency today. Buy, sell, and use tethers at Bitfinex, Shapeshift, GoCoin, and other exchanges.

3. VeChain: VeChain is the world’s leading blockchain platform for products and information. It is one of the earliest blockchain technology companies in the world. It has a top-notch & experienced core management team. VeChain has successfully implemented blockchain solutions across various industries such as luxury goods, liquor and agriculture. These use-cases go beyond the Proof-of-Concept and have already been launched in the market globally.

4. Tron: TRON is one of the largest blockchain-based operating systems in the world. High throughput is achieved by improving the TPS in TRON, which has surpassed Bitcoin and Ethereum, to a daily-use practical degree. Applications are given a wider variety of ways to be deployed in TRON because of its scalability and highly effective smart contract. It can support enormous numbers of users. More reliable network structure, user asset, intrinsic value and a higher degree of decentralization consensus come with an improved rewards distribution mechanism.

5. Stellar: Stellar is a platform that connects banks, payments systems, and people. Integrate to move money quickly, reliably, and at almost no cost. With a team of top technology and finance professionals, the nonprofit Stellar.org expands access to low-cost financial services to fight poverty and maximize individual potential.
Watch out for more such cryptocurrencies in the market that will be the new opportunities for investment.

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So what is Blockchain Technology and why it is touted as the future of business?

Much like a stock ledger, a blockchain is an electronically distributed ledger or list of entries. It is a network that various participants maintain via a network of computers. Blockchain uses cryptography to process and verify transactions on the ledger. Transparency, efficiency, and trust in information-sharing are improved with encryption and coding.

These benefits and advantages have got the companies to rethink and reconsider their strategies for the digital age. Here we have listed three ways by which blockchain technology is altering the way we do business

1. Accounting

The challenges of managing business operations in distant locations are multiple, and the need for precision and accuracy is vital. Accounting is the textbook case study for a business field that stands to benefit from blockchain technology.  Blockchain technology can more efficiently manage all of the above.

The transparency of Blockchain technology gives visibility to all transactions for approved users, and this can decrease auditors’ work with sampling and validating transactions. But this allows auditors more time to focus on controls and investigating irregularities. In the meantime, opportunities are rising for CPAs to use blockchain technology as they expand their assurance services to areas such as cybersecurity and sustainability.

2. Advertising and Marketing

Researchers predict the advertisers may lose an enormous amount of money to the fraudulent activities in the near future. The technology fundamental to Bitcoin and other cryptocurrencies can significantly help reduce the “click fraud,” ensuring that marketing and advertising executives reach their target markets.

The principles of blockchain were historically developed to prevent fraud in banking that can be applied to programmatic media buying. By using the system to check and administer budget spend, advertisers can track investment from the initial transfer of the media budget to the final publication of creative with the media owner, reducing the risk of overcharging and underperformance.”

3. Human Resources

Blockchain technology will affect payroll, with the maximum impacts on multinational corporations or businesses with foreign employees. The technology can easily handle the back-end work to simplify and standardize payments in multiple currencies.

Blockchain technology will soon modernize hiring that will allow HR professionals to quickly verify credentials of job candidates and existing employees. The blockchain systems can potentially reduce the chances of third-party companies providing imprecise historical data about a candidate or existing employee since those individuals would have greater input and control over data that’s already been verified by multiple parties.

Blockchain technology thus has brought a radical change in the systems and is well accepted by the people. It is imperative to see the exciting opportunities it gets with itself at multiple levels.

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Bitcoin MLM Software
Online payment & use of cryptocurrency has changed the face of MLM industry from a traditional trading base to the modern e-commerce applicable network, and it considerably decreased the difficulty of financial matters in an MLM organization. The online payment system transformed the MLM business. Because of these facts, an MLM software integrated with advanced online payment methods is essential for an MLM company. And thus SENZENSE MLM has modified it’s MLM software to integrate with one of the most technological advance payment options of our time, Bitcoin.

Why use Bitcoin?

1. Easy to use:

Bitcoin offers a peer-peer network that allows its users to send Bitcoin at any time from any device to anyone, anywhere in the world without any restriction.

2. Secure:

All Bitcoin transactions are verified and secured by top-quality encryption. The cipher codes used in these secure transactions are industry standard AES encryption. Besides standard encryption, Bitcoin provides advanced security features like two-factor authentication, secure client-side encryption and many more.

3. Decentralized:

One of the most noteworthy of all features of Bitcoin is its decentralized system and open-source nature. This exceptional feature encourages users to opt for it instead of centralized financial services. This distinguishing aspect transformed the traditional concepts of economy and caused a paradigm shift in every monetary attribute.

4. Minimal Cost

Unlike the traditional financial service, the Bitcoin network carries free money transaction throughout the globe. You only need to pay a small fee if you wish to speed up the transfer.

The Bitcoin Wallet
A wallet is nothing but like a bank account, where you can transact money. In the same way, Bitcoin wallet allows us to receive, store and send Bitcoins. The main type of Bitcoin wallet is a personal Bitcoin wallet that you can install and use on mobile and computer. The personal Bitcoin wallet gives you the complete authority of your Bitcoin. However, maintaining a personal Bitcoin wallet can be tricky as you need to update on Bitcoin security policies and transactions on a timely basis.

Third party Wallet
Even though Bitcoin is a peer to peer network, there are a few issues which are still the points of concern for the monetary transactions. These reasons can be the trust issues to the unawareness of blockchain mechanism and the compatibility of the third party Bitcoin API.

As of now we are in the primitive stage of cryptocurrencies and are still exploring, it is better to include a trusted third party to the Bitcoin transactions.

We at SENZENSE MLM have done a complete study on Bitcoin and how its integration can be beneficial to any and every MLM business. Try the SENZENSE MLM MLM software today and give your business a required boost.

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BITCOIN TRADING IN MULTI LEVEL MARKETING

Bitcoin helps in making economic decentralized transactions. The usual and traditional MLM industry has changed into the new mode of transactions. This has considerably reduced the impediment of financial issues in an MLM company. The MLM Software also helps the customers in payment processing for pay in and pay out with high speed and superior security. While considering these aspects we realize that Bitcoin and the trading of Bitcoin are imperative in MLM industry. Bitcoin is known as one of the most technologically developed online payment mechanism.

Owning Bitcoins
Bitcoins either exist in the cloud or on a user’s computer. Bitcoins are always stored in “Digital Wallet”. This wallet is like a virtual bank account; pay for goods or save their money.

Here is how you can acquire Bitcoins

1.Mining
People compete to “mine” Bitcoins using computers to solve complex math puzzles. This is how Bitcoins are created.
2. Buy on an exchange
Today a number of “Bitcoin exchanges” are available, these allow people to buy or sell Bitcoins using different currencies.
3.Transfers
Bitcoins can be transferred to each other using mobile apps or their computers. It’s similar to sending cash digitally.

How can we send Bitcoin?
There are two things you need to send Bitcoins; a Bitcoin address and a private key. A Bitcoin address is generated at random which is a series of letters and numbers. The private key is another series of combination of letters and numbers. But unlike Bitcoin address, this should be kept personal.

Advantages of Bitcoin Trading
As a result of the advanced structure, Bitcoin is extremely volatile and this makes it an excellent currency to add to the technologically developed payment mechanism.

1.No geographical boundaries: There are no global boundaries for trading anymore. A trader in one country can trade with other countries.

2.No commissions: All trading of Bitcoins are digitally recorded and there is no bank interference, thus improves the profit potential.

3.High leverage: It offers traders a high leverage.

4.Low cost of Trading: Always keep costs lower to attract new Bitcoin traders.

The Bitcoin network records every transaction in the blockchain. Though each Bitcoin transaction is recorded in a public log, names of buyers and sellers are always confidential. All transactions are done by the wallet IDs. While that keeps Bitcoin users’ transactions private, it also lets them buy or sell anything without being easily traceable. It has now thus become the primary choice of currency. Also for a digital currency, the possibility of unlimited copying creates grave issues. Bitcoin solves this by maintaining a peer to peer network and recording each transaction in a public ledger called the blockchain.

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1.Deflation is one major highlight of Bitcoin on the convention level

We’ll begin from the broadest reason that enables Bitcoin to develop constantly, which is a constrained measure of all Bitcoins at any point made or, better to state, mined in the system. The last Bitcoin will be mined in year 2140. From that point onward, 21 million coins will unendingly course inside the framework.
The way that Bitcoins are limited in supply and each new coin requires more assets to be mined gives a consistent increment in cost. Although gold’s expanding rates are much lower than Bitcoin’s, the two are essentially the same and have a solid susceptibility to flattening because of similar reasons: controlled supply and increasing mining trouble. Thus, Bitcoin can easily be termed as the gold of the 21st century.

2.Bitcoin is the main/ primary cryptographic money

There are multiple cryptographic forms of money. The most apparent of them are additionally exchanged on noteworthy digital money trades. In any case, you won’t discover a single platform that does not exchange Bitcoins in light of the fact that it was the first of its kind once upon a time.
Bitcoin was so leap ahead and astonishing during a period that, by far, it remains the main digital money as indicated by showcase capitalization, cost and, obviously, fame.
It is not surprising that the cryptographic money scope is so huge without anyone else’s input, however the extent of its development. This implies the majority of the ‘customers’ are essentially newcomers who are not acquainted with these cryptocoins. They wouldn’t take any risk for their money and that is the reason they invest into Bitcoin as it is the most established and trustable digital money.

3. Bitcoin remains the most ideal approach to spare cash for individuals in nations with a low economy

The interest for Bitcoin is high in nations with a wavering economy. Had you invested in Bitcoin 2 years back, your investment would’ve multiplied ten times, and in twenty times, if you had invested 3 years back. It is an awesome opportunity for all of us, and particularly for the individuals who live in nations where the national cash is affected by swelling.

So in this context, Bitcoin became a solution for the people of Venezuela, or Ukraine, where making due on your official compensation is a great test because of swelling.

As indicated by Google asks for, Bitcoin is exceptionally prominent in African nations, for example, Nigeria, South Africa, and Zimbabwe. Indeed, Venezuela isn’t the main South American nation with a huge Bitcoin investor group; some others are Bolivia and Colombia.

4. Individuals purchase Bitcoins before hard forks to twofold their coins

You may realize that Bitcoin is decentralized and it’s not just about the specialized viewpoints. The authoritative factor matters too, which makes it a really democratized ‘play area’ where all clients ‘play’ by similar principles and have level with voting rights. It runs predictably, yet as it occurs in each popularity based field of action, individuals have contradictions, which, on account of Bitcoin, instigate the supposed hard forks.

The system of Bitcoin is the chain of pieces. Hard fork is a chain split that happens when assessments separate. Not as much as a large portion of a year back, it was something strange and relatively difficult to come to pass. It kept individuals uninformed and apprehensive about their assets.

With these four reasons we know why Bitcoin continues clinching new highs. Despite the fact that, at specific focuses, we were exploring into the points of interest that are significant at show minute, every one of the reasons are unconditioned regardless of the circumstances, implying that they will constantly make preparations at Bitcoin’s cost surging higher. In any case, it’s difficult to envision such an event, given that Bitcoin is viewed as the best revelation of the 21 century.

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So why it is called as Centralized Cryptocurrency Exchange?

In the cryptocurrency world centralized means to entrust somebody else to handle your money.

Previously, all institutions that managed finances were referred with the “centralized” word.

Centralized primarily means to have a trusted middleman (agent/software) to handle whatever asset may be in the trade. For instance, a customer entrusts their money over to the bank to hold for them and the bank is now completely responsible for the safety of the customer’s money. In this case, the bank is the central entity that is between the money and the customer.

A centralized exchange is a third party that matches up individuals and institutions looking to exchange with each other. The role of a centralized exchange is to reduce the friction involved in exchange by providing liquidity and convenience through an account that holds funds and positions.

Stock market exchanges and the most popular cryptocurrency exchanges, like Coinbase, Binance, and Kraken, are implemented as centralized exchanges.

In many cases, it so happens that centralized exchange proves to be a safer option than the person finding some vague way to manage it on their own. Banks have many securities and a team to watch over their customers’ money.

In the same way, centralized cryptocurrency exchanges are no different than banks. In a centralized currency exchange, a user can store their money on the exchange software itself. The currency is now governed by the exchange software company. The trust of the middleman makes it easy for a customer to recover a lost password or 2FA because that customer has given the exchange software company the full access to their account.

This also takes the stress off of the customer of being 100% in control of their money. There are many instances where the investors have lost hundreds of thousands of dollars because they lost the private keys to their hardware wallet. Had their money being in a centralized exchange, they wouldn’t have to worry about recovering the private keys, as it would be as easy as showing an identity proof for verification.

The main advantage of the centralized exchange software is its usability. Centralized exchanges have easy to understand interfaces, tabs, and buttons on their websites whereas many decentralized exchanges have confusing exchange dashboards that take some time getting accustomed to.

SENZENSE MLM is one such software development company that specializes in making centralized exchange platforms that will facilitate the exchange of cryptocurrency in a centralized manner.

To know more or to get a free MLM software demo visit www.mlm.senzense.com

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These platforms are basically used to exchange the digital currency you have for the equivalent amount of other digital coins. Here is an example to make it simple to understand for you, if you have Bitcoin and you want to sell that for some other cryptocoins like Ethereum you can do it using these cryptocurrency trading platforms.

SENZENSE MLM is a technologically advanced company that specializes in providing such cryptocurrency trading platforms. SENZENSE MLM focuses on the core requirements of the client and chalks out software accordingly that best suits the client, customization being its main forte.

The SENZENSE MLM trading platforms of cryptocurrencies have well-defined characteristics and features. The team at SENZENSE MLM is well versed with the market and is technically sound to deliver an error-free and user-friendly cryptocurrency trading software.

SENZENSE MLM builds the crypto trade platform that is friendly for exchanging all the major cryptocoins available in the market. Nonetheless, which to include or how many to include completely depends on the client requirements.

The main characteristics of SENZENSE MLM trading platforms are:

1. Agile: The cryptocurrency trading software provided by SENZENSE MLM is agile and is scalable as per the requirement of the client. The flexibility of the software makes it desirable for the companies to opt SENZENSE MLM as their technology partner.

2. Worldwide Usability: The SENZENSE MLM cryptocurrency trading software has no demographic limitations. It can be used on any platform and at any location. The change of location does not bring any hurdle while using the software is being used. There is no local government that controls the issue and the real value of the digital currency. Everything happens on the internet and everyone, no matter what city they are in, can attend at any time. The fact that there is no time to start or end is another important aspect of these platforms.

The main features of the SENZENSE MLM cryptocurrency trading software are:

There are multiple features that can be included in the cryptocurrency trading software but these features are mainly based on the client requirements about what additional features they are looking for in the software.
1. Buy orders
2. Sell orders
3. Stop limit orders

With these promising features and characteristics, SENZENSE MLM has been an answer to many business owners who now successfully and hassle own and run their cryptocurrency trading platforms.

Contact us to get all your questions and queries answered. To know us better visit our site www.mlm.senzense.com today.

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For those who are already familiar with the concept of cryptocurrency investment, they are looking for new opportunities in the market for them to grow their wealth with. SENZENSE MLM, understanding the need of the hour has come up with the Coin Payment software that helps cryptocurrency companies build a cryptocurrency bank for their customers.

The SENZENSE MLM Coin Payment software is reliable, scalable and secure. All the customer would need to do is create an account on the coin payment software to store and transact their cryptocoins. Storing the cryptocoins in the coin payment software is like storing your regular money in the bank. The coin payment software stores your cryptocoins in your account and you can withdraw or exchange them whenever you wish to. It is the safest place to store your cryptocurrency, whichever it may be.

SENZENSE MLM has developed this software after a thorough market study and the need analysis of the target audience. It is one of the most required software as people want to store their cryptocurrency securely as there are high chances of hacking of the systems and online stealing of the cryptocoins.

The coin payment software features that the SENZENSE MLM software has are:

Manage your Portfolio
It is your single place where you can buy and sell your popular digital currencies and keep a track of them at the same place. With this feature, you need not maintain multiple records as you get the summary of all your wealth and the allied transactions in this very software.

Recurring Buys
Increase in your wealth or its value won’t happen overnight. Also, it is not advisable to buy all that you can at one time. Buying cryptocoins slowly yet steadily by scheduling daily weekly or monthly buys helps build a better portfolio.

Vault Protection
Security being the topmost concern, you can store your funds in a vault where it is safe from the malware and the viruses. A secure vault is the most important feature of the coin payment software.

Mobile Apps
Another need of the hour is having all your details at the tap of your finger. We make mobile apps that are iOS as well as Android compliant. You can check or do transactions on the go using the coin payment application on your mobile phone.

The SENZENSE MLM coin payment software is easily one of the most trusted software in the market. It can be termed reliable because it has:

Secure storage
We store the majority of the digital assets held by the SENZENSE MLM coin payment software in secure offline storages.

Protected by insurance
Even though we have the most secure practices, the digital currency stored on our servers is covered by our insurance policy.

Industry Best Practices
We have earned ourselves a reputable name in the industry as we give security topmost priority.

Considering all the factors and the market readiness of the SENZENSE MLM coin payment software, it is safe to say that we are one of the most reliable companies you can entrust your cryptocurrency with. To know more about us and our services log on to www.mlm.senzense.com or send us your query and we shall get back to you in no time.

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Which cryptocurrency to invest?
The market is flooded with multiple cryptocoins, deciding on which to invest can be a big task. All the cryptocurrencies are capable and promise a great return. So deciding on which to invest in completely depends on the kind of return you are expecting and the duration you want to invest for.

How far will it grow in the future?
The future is unpredictable and uncertain. The growth of your funds completely depends on how well the cryptocurrency has performed in the market.

Is it vulnerable to the market recession?
Like the performance of the cryptocurrency is uncertain, the market itself is uncertain. Prediction can be true only and only if the assumptions happen to be true.

When to invest?
This final question is the major deciding factor and links up to the whole other questions. Here is a to-do list of the factors you must consider before you make the decision of investing.
1. Check the current market analysis
2. Find the current trading value,
3. Check the current currency conversation rates, exchange market rates etc.

These factors will let the investor understand the cryptocurrency and help in making an informed decision. Considering these factors also give you an opportunity to explore it in a better way. If the value is dropping to a lower rate or ratio then, you must reconsider the investment before you directly invest. However, if the value drops in one cryptocurrency the other altcoin value increases.

We have a burning example of Bitcoin and how its value increased at an insane rate. People, who were patient enough and invested for a longer span, earned a great deal of return overnight.

So, as to summarize, cryptocurrency is the promising investment option but the market situation is one of the major determinants when it comes to its performance.

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One of the biggest features of crypto currency is, it is decentralized and not governed by any governing body overseeing and verifying transactions. It was the main reason of the success of Bitcoin and for it to be recognized as the first cryptocurrency. Another reason for the success of crypto coin was the anonymity the transactions had which are recorded in the open ledger called ‘blockchain’ but are also almost anonymous at the same time. Bitcoin also became the basis for every other crypto-coin that came into existence ever since. After the success of Bitcoin, numerous crypto-coins came into existence like Ethereum, Ripple, Litecoin, Bitcoin Cash, etc.

Different coins have different properties. It is up to the investor to decide what he is looking for, when he plans on investing in the crypto-coin. However tempting the crypto-coin market may seem, it is always advisable to do a thorough study of the coin market and the coin the investor is contemplating to invest in.

Here is a quick guide for you to refer before you take the plunge in the crypto world.

1. The Unstable Nature Of Crypto-Coins
The first and the most important thing to know about crypto coins is that it is extremely volatile in nature. It is mainly because of the fact that digital currency trading happens on various cryptocurrency exchanges and not on one which leads to the volatility. Since the year, cryptocurrencies were introduced it has seen a combined increase of 3,200% as of Dec’18. But at the same time Bitcoin, the most popular cryptocoin, has seen sharp ups and downs in the recent past. This simply signifies that crypto-coin market is not for the safe players.

2. No Governing Regulatory Body
Unlike the regular cash in your wallet or the online bank transactions you make, there is no governing body that is backing the crypto coin transactions. This helps in maintaining the anonymity of the transactions while they being recorded in the block chain technology. Valuing cryptocurrencies in a traditional sense is especially difficult, if not impossible.

3. Crypto Currencies Are Not Legal In Some Countries
Cryptocurrencies, sure look lucrative but are a risky game. And that makes them illegal or are banned in some countries. It being non-regulated and decentralized is the reason why some countries have refrained themselves from legally trading in cryptocurrencies.

4. Blockchain Is The Real Deal
Blockchain technology is the infrastructure that cryptocurrencies like Bitcoin are based on. It’s a digital and decentralized ledger that records payment and transfer transactions in a safe and efficient manner. It’s also the big reason why big businesses are so excited.

5. Decentralization Is The Crux
The main reason why blockchain is so luring is because it is decentralized. It not having any central hub to store all the information, makes it hack proof to a great extent. There is no central location for the hackers to target which can be a potential danger for the breach of security. The main idea is keeping the data in bits and pieces in the servers and hard drives across the globe so should the data fall in wrong hands, it would not be as dangerous. This brings security and thus blockchain technology is said to be most secure and trusted technology.

6. Blockchain Comes With Its Own Advantages
Decentralization is not the only aspect of the blockchain technology but there is more to it. It is because of the blockchain technology, Miners can work round the clock and for all 7 days. There are no time restrictions as there are for bank transactions. Also the middlemen can be curbed which reduces the transaction cost. Adding to these benefits blockchain also offers user control and transparency to the transactions. Blockchain is thus the most promising technology which is said to be the future of digital currencies.

7. The Entry Is The Crypto World Is Easy
The ease and transparency of the crypto world provokes everyone to try their hand at it. Blockchain technology could change the landscape for the financial service industry as virtually no barrier to entry exists. As of January 2018, there are more than 1500 crypto currencies in the market. Around 50-100 cryptocurrencies based on blockchain technology are introduced in the market every month.

All it takes to make the cryptocoin of your own is time, money and a team who can code a blockchain for you and help you bring the cryptocoin to the market.

Now that you have a hands on the guide as to what you should know about the crypto world before taking the plunge, you are all prepared and can take an informed decision.

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