5 of the Most Popular Bitcoin Trading Platforms

For anyone interested in buying bitcoin or other cryptocurrencies, the first question asked is usually, “Where can I buy bitcoin?”

Just like with most products you look to buy like gold, stock, or other assets, you need to find an exchange that buys and sells that product. For example, if you want to purchase gold coins then you need to find an exchange that actually sends you gold products in exchange for your preferred currency. If you want stocks, then you need to sign up with a stock trading company that lets you buy and sell on a stock exchange.

Similarly, if you want to buy bitcoin or other cryptocurrencies, you need to sign up with one of the many cryptocurrency exchanges out there. The problem is that because cryptocurrency is such a new product, and unregulated, it’s very easy to get scammed by unreputable businesses.

So, stick to the following leading cryptocurrency trading platforms to ensure you’re trading safely and making verified transactions on the blockchain.


Coinsquare is a Canadian-based digital currency exchange. It’s known for being one of the more secure coin management systems, thanks to two-factor authentication. The exchange also has reasonable trading and transactional fees that range from 0.1% to 0.4%.

At Coinsquare you can trade the most popular digital currencies like Bitcoin and Ethereum. However it’s also one of the few exchanges where you can also buy gold and silver.


One of the most popular places for people who are new to buying digital currency is Coinbase. This isn’t because it’s lacking in any way though. It’s just that Coinbase is very simple and easy to sign up. You can start buying cryptocurrencies the moment your bank account is verified, and trades are very simple to make.

At Coinbase, you can buy Bitcoin, Ethereum, and Litecoin. It offers simple and easy-to-use mobile apps for easy transactions from anywhere. In addition to two-factor authentication when you sign into your account, Coinbase also assures customers that 98% of customer funds are distributed geographically in safe deposit boxes and vaults all around the world — meaning that even if one location was robbed, the bulk of Coinbase assets remain safe. Offline storage also protects you from major online hacking attacks.


If you’re looking for one of the most trusted cryptocurrency exchanges, then you can’t go wrong with Cex.io. Based in London, England, this exchange started out focused primarily on trading bitcoin, but the exchange now also provides the option to trade for Ethereum and even the Dash cryptocurrency as well. Many call it one of the closest competitors and alternatives to Coinbase.

Cex.io is one of the exchanges that can tout the fact that no users have ever lost funds due to hacking or theft. All funds are stored in what the company calls “cold storage for cryptocurrency funds”. Accounts include multiple layers of security such as two-factor authentication, SSL certificates and encryption.


While most exchanges also serve as “custodial accounts”, meaning they will hold your cryptocurrency in “wallets” within your account with the trading platform.

ShapeShift as a very innovative approach to cryptocurrency trading, where there is no custodial account at all (and therefore no fees).

The catch is that you need an existing wallet address for your Bitcoin and your Ether. If you want to exchange Bitcoin for Ether, or the other way around, all you need to do is provide both wallet addresses. The ShapeShift exchange will accept your Bitcoin and send you Ether in return – at the current exchange rate. This approach lets you trade with a bit of extra security, because the money is never held on any centralized exchange account.

And if it makes you feel any safer, the service is offered out of Switzerland.


At Coinmama, you can buy Bitcoin and Ether with your debit or credit card. One unique element of this service is that it isn’t so much an “exchange” as it is a sort of a Bitcoin warehouse where you can only purchase Bitcoin or Ethereum. You can’t sell coins to Coinmama (yet).

When you purchase Bitcoin here, Coinmama places the purchased coins immediately into the wallet address you provided. Since Coinmama isn’t a wallet service, you’ll need to have a wallet address of your own before you can start buying cryptocurrency from Coinmama.

Because Coinmama doesn’t facilitate crypto trading between two different parties, it isn’t technically an “exchange”, however it is a popular place to obtain bitcoin or ethereum if you’ve already established a wallet service and you’re just looking for a place to buy some quick coin with very low fees.

You can learn a lot more about bitcoin and cryptocurrency in Ormeus Global’s innovative learning ecosystem, InnerQuest. Log into InnerQuest through Back Office to dig deeper into the value of cryptocurrency.

How Does Bitcoin Mining Work?

What is Bitcoin mining and how does it work?

The concept of Bitcoin mining was first suggested by the Satoshi Nakamoto, the elusive, pseudonymous master behind the original Bitcoin white paper published in 2008. The white paper described what’s known as a blockchain, a method of verifying monetary transactions in a digital format.

Up until Nakamoto’s white paper, digital currency could not be trusted as much as fiat currency because there was no reliable way to verify that a unit of currency could not be “double spent”. You can be sure a dollar bill isn’t double spent because the serial number on a it is unique, and when handed from one person to another, the original owner gives up physical ownership of the dollar bill.

In the case of digital currency, a digital record could not be confirmed as unique, and the owner could potentially spend a unit of currency more than once. The solution, the blockchain, was essentially the invention of a “serial number” for digital currency.

This is where cryptocurrency mining comes into play. Here’s how miners contribute to the blockchain:

When you initiate a bitcoin transaction, Bitcoin miners immediately set out trying to “guess” a 64-digit hexadecimal number (known as a “hash”) for a block of transactions. The more powerful mining rigs are more likely to guess the correct target hash first because they can cycle through more guesses more quickly.

The first mining rig (or mining pool, also known a collection of rigs) to correctly calculate the hash, announces the correct hash to other miners on the network.
Other miners confirm the answer, and also confirm that the sender actually has the right to spend that currency.

Once enough miners have confirmed the hash, the new block is added to the digital ledger for that Bitcoin.

Miners then move on to the next “block” of transactions on the blockchain.

Why would miners be willing to invest in high-powered computers capable of calculating these hexadecimal numbers? Because the miners are rewarded for solving each hexadecimal puzzle in the form of new Bitcoin. Not only are miners taking care of transactions for everyone, but they’re also “minting” new cryptocurrency as well.

The beauty of this process is that every Bitcoin transaction is processed by many nodes on a digital network, rather than a central bank. There are no hidden fees, no overdraft charges, and no bad checks. Miners make profit from the computational work they do, and you get to send or receive digital currency safely and securely.

There is much more to learn about cryptocurrency, and you can do so in Ormeus Global’s innovative learning ecosystem known as InnerQuest. Log into InnerQuest through your Ormeus Global Back Office or learn more about it here.

How the Initial Coin Offering Could Revolutionize Tech Startups

What would you say would you say if I asked you for Bitcoin, and in exchange I gave you RandomCoin? You’d probably say no, right?

Well, what if RandomCoin was a form of cryptocurrency that I was using as part of an advanced taxi system that riders could use to securely pay for a taxi service in any city in the world?

In the past, such a business venture would have required a business owner to raise funds through an initial public offering, or IPO. In exchange for an investors money (in some form of traditional currency), the business would offer the investor a certain share of company stock.

How the ICO Differs From an IPO

An initial coin offering (ICO) is similar to an IPO in many ways, but it’s also very different.

It’s similar in that it’s a way for people to own a part of an business idea. Instead of owning stock, which would give them voting rights or dividends, you own the coin that is a part of the project itself.

One of the earliest examples of this was Ethereum, which was a project that used Ether to support its “smart contract” system. These smart contracts utilized the technology of the blockchain, which cryptocurrency is built upon, to enable businesses and individuals to execute secure transactions. Each transaction is “fueled” by Ether.

Early investors who thought this technology would become the next big thing in cryptocurrency and future trade purchased Ether token. In the 2014 crowdfunding campaign for the project, 60 million Ether tokens were sold.

However, people who own Ether don’t own a stake in any company, or have the right to vote about anything. They simply own a currency that has value, related to the underlying project.

What Are Some Examples of ICOs?

You can think of ICOs as a sort of a “crowdfunding” campaign, free of regulation and completely decentralized. If you decide to purchase any initial coin offering – you’re “betting” that the underlying project will increase the value of that coin in the long run.

Here are few examples of the sorts of projects that utilize proprietary coin, currently available (or recently available) for purchase.

  • BCDiploma – Coin used to pay for the purchase of proprietary certificates like diplomas, insurance certificates, or even professional certifications.
  • Betrium – A decentralized currency developed by MIT and MIPT, used for worldwide betting.
  • Sapien – Currency used to pay creators of content on the sapien social news platform.
  • JOLYY – A coin making up the foundation of an online beauty booking platform that uses cryptocurrency blockchain technology.
  • Menuva – An escrow technology letting users protect their contracts by utilizing cryptocurrencies.
  • Blocklancer – A platform meant to offer secure and reliable payment for services between freelancers and their customers.

As you can see, the utility of the cryptocurrency blockchain is exploding, and with it are the various tokens used to exact transactions on those platforms.

Should I Buy Into an ICO?

Will any of these ICOs become the next technology of the future? It’s possible, but the risks are just as high — if not higher — as when you put your money into an IPO. The sheer majority of IPOs fail, but since the cost of entry is so low, it’s very enticing for people to throw money into the mix.

If you do decide to take part in an ICO, just like with anything else, do your homework and weigh how much you can afford to lose against the risk.

It’s not unlike buying a lottery ticket. Most of the time you lose, but people love to dream about that one time when you might win.

You can learn a lot more about bitcoin and cryptocurrency in Ormeus Global’s learning ecosystem called InnerQuest. You can access InnerQuest through Back Office to dig deeper into the value of cryptocurrency.

Why Does Cryptocurrency Have Value?

People who are new to cryptocurrency are often very skeptical.

How can something “invisible”, and which only exists on digital networks, have actual value?

The reality is that even though the technology behind cryptocurrency — the blockchain — is definitely new, the economical concept of something having value is not new at all.

Warren Buffett once said, “Price is what you pay. Value is what you get.”

With commodities like oil or soybeans, it’s obvious what you get. People utilize oil or soybeans. What affects the value of oil or soybeans is its scarcity. When a world crisis reduces the world’s oil supply, we all feel the effects of it at the gas pump. It’s painful.

Currency Fixes the Trade Problem

For a long time in many pre-currency societies, people got the things they needed to utilize, by trading things other people needed to utilize. A cow for eggs and clothes. A horse for enough lumber to build a house.

There are several problems with buying things this way.

It’s hard to bring a cow and a horse into the supermarket to trade for your groceries.
It’s difficult to figure out how much of one thing should be traded for another.

The solution to this problem is currency. Some object — a piece of metal like gold or copper, or a piece of paper sanctioned by a government — gives people a unit that can be used to measure the value of goods.

Now a cow costs around 2,000 of those little dollar bills. A carton of eggs just costs a couple. Much easier right?

So why are people willing to give you a cow in exchange for 2,000 pieces of paper? The answer to that is also the reason cryptocurrency has value.

Supply and Demand — and Trust

How much people value a dollar bill, or a piece of gold, depends on several things.

The first is supply. How much there is to go around. There is a limited amount of any government-sanctioned currency that goes into production. Likewise, there’s a limited amount of gold. A limited supply factors into value.

A bitcoin, by comparison, has a set cap of 21 million. There will never be more bitcoins than that, which means that it could one day become more desirable than gold. A breakthrough in mining technology could create a gold surge that would make the value of gold plummet. That would never happen to bitcoin.

The second is demand. How many people feel a desire to own the currency? As more businesses accept it, and more employers pay with it, the desire for the currency increases. Positive or negative media, and government policies, can also influence demand.

The final factor is trust. People trust a dollar bill to be worth something because it’s supported by the authority of the U.S. Government. People trust gold because it’s so rare, and you can hold it in your hand.

Bitcoin and other cryptocurrencies are generally trusted because of the innovative blockchain technology that makes it nearly impossible to steal, delete, or copy bitcoin. But more importantly, in recent years, with news breaking constantly about the electronic surveillance of citizens by the government — as trust in the government declines, the concept of a currency that is NOT controlled by any government or corruptible authority is very appealing to more people.

So thanks to supply, demand, and trust, cryptocurrencies are a perfectly valid unit to use to measure economic value of goods. Someday everyone might be buying their groceries with their cryptocurrency accounts!

You can learn a lot more about bitcoin and cryptocurrency in Ormeus Global’s innovative learning ecosystem, InnerQuest. Log into InnerQuest through Back Office to dig deeper into the value of cryptocurrency.

Learn About Ormeus Coin

Learn About Ormeus Coin

Many of our members are curious about Ormeus Coin, the new cryptocurrency pegged to Bitcoin, the “gold standard” of cryptocurrency that also blends Ethereum smart contract into the token for a truly innovative approach.

The best way to learn about Ormeus Coin is to visit the cryptocurrency website and download the white paper.

Ormeus Coin is accepted on many exchanges. Here’s the complete list of exchanges where Ormeus Coin may be traded.

Want to learn more about Bitcoin, Ethereum, blockchain and mining? Then visit Itost, available to Ormeus Global IBOs. Log into your Ormeus Back Office and take our Cryptocurrency Mastery Course. You’ll learn about these topics and other topics pertaining to blockchain and cryptocurrency that are shaping the future of technology and more.

Master Trader Update

Master Trader Update

There’s a rumor going around that we are discontinuing the Master Trader product. That rumor is FALSE. Master Trader will continue to be a product available for purchase through Ormeus Global. Here’s what you need to know about our Master Trader program and the changes taking effect on January 1, 2018.

  • Master Trader is now a retail product available in your Ormeus Global Back Office.
  • A subscription to Master Trader is still included in Bronze Level and above packages.
  • The allocation deposit from each package purchase has been added to the 2xB89 allotment deposit.
    If you purchased a package in 2017, you will still receive your Master Trader package allotment deposit upon opening and setting up your FX Choice account.
  • To set up an FXChoice account, visit your Ormeus Back Office. Log in, and follow the instructions available to set up your Master Trader account.

Ormeus Global’s Master Trader product links your account to a professional Forex trader, a real person who makes trades of Bitcoin pairs. Your trades mirror those of the professional trader. You can watch the trades using software downloaded from FX Choice, MetaTrader 4.0.

We hope that this answers your questions about Master Trader. Master Trader is one of many cryptocurrency resources that we offer. Please see the Ormeus Global website for more information.

Goldman Sachs Predicts Big Jump in Bitcoin Value

Goldman Sachs Predicts Big Jump in Bitcoin Value

Goldman-Sachs predicts that Bitcoin, one of the world’s best-known cryptocurrencies, could drop even further in price, then jump another 50% before leveling off at a new record high.

Analyst Sheba Jafari believes that Bitcoin is entering the fifth of what is called four ‘waves’ of trading that have been roiling the markets since 2010-2011. Although the prices has dropped since early June, Jafari predicts that, according to the pattern of previous waves, Bitcoin will rise again to new heights.

For more details, read the original article.


Bitcoin Beauty: Data Visualizations to Help You Understand Cryptocurrencies

Bitcoin Beauty: Data Visualizations to Help You Understand Cryptocurrencies

There are many websites and exchanges that offer bitcoin, Ethereum, and other coin value charts and graphs. Most feature a static line graph that is a common way to visualize financial values. Several new websites are taking data visualization for alt coins to a whole new level.

  • Bitbonkers offers 3D visualization using blocks and balls, along with sound, to help you imagine Bitcoin’s blockchain. It’s mesmerizing. As you watch, balls and blocks seem to drop from the top of your screen to actively show you how the blockchain is changing. It’s worth a peek just to see the visualization itself.
  • BitListen might appeal to auditory learners who rely on sound to understand concepts. It translates bitcoin transactions into sounds. It sounds like vague New Age music as transactions rise in bubbles from the bottom of the screen, but it’s kind of fun to have it on your computer while you check your favorite exchanges to view your holdings. Bigger transactions have a deeper, lower pitched sound; small transactions are light and at the top of the treble clef. Enjoy the sonic wonder of BTC transactions translated into sound!
  • Bitnodes provides a 3D, motion animated view of bitnodes running on the network. It looks like a galaxy or constellation of stars – the Bitcoin Nebula, so to speak. It’s beautiful, haunting, and a great reminder of the worldwide phenomena of Bitcoin.

This is all a far cry from the days when people checked stock charts in a newspaper! From sound to color and motion, people worldwide are doing their part to help others understand the world of Bitcoin and alt coin transactions.


Bitcoin and Cryptocurrency Resources at Ormeus Global

Bitcoin and Cryptocurrency Resources at Ormeus Global

It can be difficult to identify legit Bitcoin trading opportunities. Cryptocurrency scams are rampant. So how you do distinguish between legit Bitcoin opportunities and fake ones?

  • The company includes Facebook Live, Live Streaming videos, or other tools that show actual people.
  • The company sells other products in addition to mining or trading opportunities.
  • Does the company offer a help desk or support line to resolve problems or questions?
  • Does the company have stated policies for returns, etc?

Ormeus Global represents the best in cryptocurrency resources and education. We are backed by a team of professionals worldwide who have worked hard to build quality products. We offer educational products through InnerQuest, wealth creation through 2xB89 and Master Trader, and products for sale through Ormeus Qi. And all of our products are available to both Independent Business Owners as well as for retail sale.

If you have any questions about Ormeus Global, please ask them here or through our Facebook page. We are happy to help you explore the opportunities with Ormeus Global and to establish your own Independent Business.


Tips for Success with Bitcoin and Alt Coins

Tips for Success with Bitcoin and Alt Coins

Bitcoin success depends on many factors. Trading Bitcoin, Ethereum, LiteCoin, and other coins offers opportunities for success as well as failure. CoinPurist put together a list of ‘commandments’ for trading cryptocurrency. We are not fans of commandments, but we do like best practices, so we have added our own spin to their commandments, below. Let us know if you would add any to the list!

  1. Invest within your means: There is an old saying, “Invest only what you can afford to lose.” That may have been true for the stock market or commodities and it is true for bitcoin and other alt coins too. Do not invest your child’s college savings or the money you need to pay your rent.
  2. Never panic. Alternative coins like bitcoin fluctuate in value throughout the course of the day. The price can drop several hundred dollars or rise by that amount or more in a given day. Panic is never a good idea but it is an especially bad idea when it comes to money matters.
  3. Educate, educate, educate. Learn from our InnerQuest courses all you can about bitcoin and cryptocurrency. Read from a wide variety of sources. Visit exchanges such as Prescott-Regency to learn more about trading volume and coins. Keep an open mind and learn all that you can about cryptocurrency.

What other tips would you add to this list? Share them in our comments section, below.