Enigma wants to build a better internet by solving for privacy.
Enigma builds and supports groundbreaking privacy-focused technologies and networks. They are a core contributor to the Secret Network, a unique blockchain-based network where computations can be performed on encrypted data. Enigma’s mission: improve the adoption and usability of privacy-first products, for the benefit of all.
Enigma started at MIT in 2015 with a vision: solve the privacy crisis caused by today’s broken, over-centralized internet. A more decentralized internet, based on decentralized protocols and privacy-first products, can create enormous value, opportunity, and freedom for millions of people.
Now on Currency Hub, you can buy and sell ENG token, the native digital currency of the Enigma protocol.
About Enigma: We are securing the decentralized web. We solve for privacy with “secret” smart contracts, allowing dApps and blockchains to use private/sensitive data.
About currency Hub: With support for trading 150+ cryptocurrencies and fiat to crypto purchases, CurrencyHub.io and CryptoSimba.com are non-custodial cryptocurrency trading platforms where every transaction is encrypted, secure, and verified. It’s built using state-of-the-art tech with an appealing interface that allows anyone to safely buy and trade cryptocurrency. For more information, visit https://currencyhub.io.
“I tried to explain cryptocurrency to my Mom and it did not go well. Different alphanumeric addresses, wallets, tokens… she’s never going to get it. The FIO Foundation wants to fix all that. One address for all your crypto. name@domain It’s that easy.”
Usability is the achilles heel of crypto adoption
Blockchain and cryptocurrency were founded on the idea of creating accountable, secure, efficient platforms for exchanging data and by doing so, building and sustaining trust. Unfortunately, cryptocurrency in its early stages has proven to be a difficult technology to understand, especially for those that are already unfamiliar with disruptive technologies like blockchain.
Blockchain developers have done an incredible job innovating and producing new products for the world to take advantage of, and the potential that they have unlocked is limitless. However, for cryptocurrency to move to the next level of adoption, it needs to be easier to understand and manage. People (your Mom and Dad) will need to start thinking of it as money that they can use and transact with, or more importantly they should not have think about it at all, like fiat currency they just need to use it.
If you’re familiar with the crypto space, you understand that when you’re using cryptocurrency, you must learn how to acquire it, set up wallets, store and manage your assets. Setting up a wallet the first time is a nerve-wracking prospect for most people, let alone having to manage potentially dozens of tokens.
Cryptocurrency has shown vast utility, features, and applications. It can be used for everything from sending money to a friend, buying an airline ticket or donating to your favorite charity. Crypto is amazing, but it is also just an obscure concept for most of the population. For people to feel that it’s safe and start using cryptocurrency they must understand it.
So, we know what is keeping many people from adopting cryptocurrency— managing it is complex, risky and it is hard to understand. If we can help solve these problems then we can make it easier for cryptocurrency to be adopted by the masses, and the world would be better for it.
Finding our way to mass adoption
This is where FIO comes in.
FIOis a protocoland an ideathat will help drive mass adoption. FIO allows people to simplify their cryptocurrency ownership by setting up one address for managing all their cryptocurrency. Consumers love simplicity and ease of use, and that is exactly what FIO provides. With FIO adoption, consumers will focus on the benefits of cryptocurrency instead of the hardships of owning it and will be more likely to adopt it into their everyday lives.
FIO also helpsexpand a wallets capabilitiesby allowing users to request funds from one another and it allows payments to be made with a single click. This could be requesting payments from your friends for dinner or a movie. For a small business this could be sending an invoice and getting paid immediately, no more waiting 30 days.
When the FIO Foundation succeeds it will deliver the usability and ease-of-use that cryptocurrency needs to be synonymous with money. There are many “user-friendly” crypto wallets out there, andFIO adoptionwill help make every one of them better.
A look to the future
If cryptocurrency is to succeed and become a common currency that is used for everyday transactions, it is imperative that it is used by all segments of the population to at least some degree. To gain mass adoption, it’s important that cryptocurrency becomes easier to use and more central in the way that it’s transacted. With FIO, this becomes possible. Managing all assets with one address makes the entire topic much more approachable.
We already know the benefits of cryptocurrency and all that it can offer to the world. The next step is making it more accessible, more practical, and easier to use. FIO can accomplish all of those things and for that reason, the FIO protocol is poised to become the crypto game-changer.
To succeed we all need to participate
The launch of the FIO Mainnetis just the beginning. FIO is a building block for innovation that will support even greater crypto ease-of-use and the best part is, by supporting FIO we all get to decide where we go from here.
Okay, you’ve made it to the end of this article, it’s time for you to go add FIO support in your product and then you can talk to your mom about how easy it is to use cryptocurrency.
These opinions are my own, not those of theFIO Foundation.
About the author:
Brad Spannbauer is the founder of Currency Hub LLC. He is a 20+ year internet veteran, compliance guru and aCertified Bitcoin Professional.Currency Hubis a FIO affiliate member & block producer.
Apple Pay & Debit Card support now available in over 20 countries
Purchasing Crypto with Apple Pay & Debit Card is now available in over 20+ countries
March 27, 2020
CryptoSimba.com has added support for purchasing Bitcoin. Ethereum and other cryptocurrincy in more than 20 countries including Australia, Austria, Belgium, Canada, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Latvia, Lithuania, Luxembourg, Mexico, The Netherlands, New Zealand, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, Switzerland. Thaks to our partner Wyre we are able to support even more crypto options globally.
Providing easy access to cryptocurrency is key to our success and we are excited to add this service for our users arould the world.
Fees: The cost will be 3.9% + $0.30 per transaction. Supported Currencies: We will only be taking USD to start with and shortly introducing EUR/GBP/AUD as additional “source currencies.” International users do not have to have USD in their bank account to use the service. There will be a conversion done by our payment processor at the time of the transaction.
About Currency Hub With support for trading 150+ cryptocurrencies and fiat to crypto purchases, CurrencyHub.io is non-custodial cryptocurrency trading platform. Every transaction is encrypted, secure and verified. It is a state-of-the-art platform with an easy to use interface allowing anyone to safely buy and trade cryptocurrency. For more information, please visit https://currencyhub.io or email info@currencyhub.io
About Wyre Wyre is a regulated payment institution that connects fiat rails to blockchain ecosystems. Founded in 2013, Wyre has traded $3.5 billion in cryptocurrency assets in-house and has completed more than $1 billion in blockchain-powered cross-border payments. Operating an intricate global payment infrastructure that includes relationships with regulated counterparties, Wyre has procured not only same-day settlements but deep liquidity at best pricing & execution. Wyre is also one of the few US-licensed money transmitters in the crypto space and is proactively compliant with regulations. For more information, please visit www.sendwyre.com.
You Can Now Buy Cryptocurrency with Debit Cards and Apple Pay at Currency Hub
(SHERIDAN, Wyoming March 25, 2020) In a major coup for cryptocurrency investors, CurrencyHub.io the user-friendly cryptocurrency trading platform is making it easy to buy Bitcoin with a debit card or Apple Pay. However, your options aren’t limited to buying Bitcoin — other blue-chip crypto assets like Ethereum, MakerDAO, and Tether are also available.
Currency Hub’s support for buying cryptocurrency with a debit card or Apple Pay comes by way of a partnership with Wyre. As a world-class platform for creating fiat on/off ramps for cryptocurrency, Wyre has deep experience in the decentralized finance space.
Metamask, Maker, Airswap, Shapeshift, Celer, and Ren are just a few of the renowned cryptocurrency projects Wyre has partnered with for fiat integrations with blockchain protocols. As such, the team at Currency Hub proudly built a partnership with Wyre for the convenience, security, and fast payments today’s crypto investors demand.
Currency Hub’s CEO Brad Spannbauer believes that partnering with Wyre makes buying Bitcoin and other cryptocurrencies easier by removing technical boundaries.
“We’re excited to partner with Wyre to drive wider adoption of cryptocurrencies by removing barriers to entry. The biggest challenge we face is helping non-technical people access cryptocurrency assets and understanding the nuances of trading them. Currency Hub’s integration with Wyre helps new and seasoned traders purchase cryptocurrency by providing a streamlined buying process that everyone will enjoy.
The good news isn’t limited to CurrencyHub.io users. CryptoSimba.com, Currency Hub LLCs alternative trading platform, is also benefiting from Wyre integration, giving the userbase there more buying options as well.
“We’re thrilled to be working with Currency Hub. They share our vision of making cryptocurrency accessible to all.” Said Jack Knutson, Wyre’s Growth Lead. “One of the most requested features for the Wyre platform is to add more currency pairs. Thanks to Currency Hub’s integration, users of the Wyre widget can now easily purchase crypto and then convert to 150+ currency pairs on Currencyhub.io.”
Get to Know Currency Hub and Wyre
With support for trading 150+ cryptocurrencies and fiat to crypto purchases, Currency Hub LLC develops non-custodial cryptocurrency trading platforms where every transaction is encrypted, secure, and verified. It’s built using state-of-the-art tech with an appealing interface that allows anyone to safely buy and trade cryptocurrency. For more information, visit https://currencyhub.io.
Wyre is a regulated payment institution that connects fiat rails to blockchain ecosystems. Founded in 2013, Wyre has traded $3.5 billion in cryptocurrency assets in-house and has completed more than $1 billion in blockchain-powered cross-border payments. Operating an intricate global payment infrastructure that includes relationships with regulated counterparties, Wyre has procured not only same-day settlements but deep liquidity at best pricing & execution. Wyre is also one of the few US-licensed money transmitters in the crypto space and is proactively compliant with regulations. Head to www.sendwyre.com for additional details.
Non-Custodial Crypto-Trading Platform Vs. Exchange
The Benefits of Using a Non-Custodial Cryptocurrency Trading Platform vs Keeping Crypto on an Exchange
If you are looking to trade cryptocurrency assets for a profit, then there are several different options for how to do so. Where cryptocurrency exchanges used to be consolidated and not very widespread, they are now popping up on a daily basis. The first step to being able to effectively trade cryptocurrencies is to find a trustworthy and secure way to transact your cryptocurrency assets. If protecting your assets and maximizing your trading efforts is your goal, then a non-custodial cryptocurrency trading platform might be the best option for you.
There are many benefits to using a non-custodial cryptocurrency trading platform such as CryptoSimba.com and CurrencyHub.io. If you are not using a non-custodial cryptocurrency trading platform, you are not only putting your assets at increased risk, but you are also not living up to your full potential as a trader. Here are some of the benefits that you will be able to enjoy when you choose a non-custodial cryptocurrency trading platform instead of a traditional cryptocurrency exchange.
Security The first benefit of using a non-custodial crypto trading platform as opposed to keeping your funds on a crypto exchange is the security that you will have. When you keep your funds on a traditional crypto exchange, you are trusting a third party to hold your funds for you. The exchange that you use will control all of the private keys and in the event of a breach, your funds would be lost, regardless of whether you know how to properly store cryptocurrency or not.
With a non-custodial crypto trading platform, you will be empowered to trade without trusting the storage of your crypto to a third party. This means that you can take necessary measures to protect your own assets and use preferred security techniques.
Speed If you have been trading cryptocurrency for any length of time, you already know how volatile and fast the crypto markets can be when compared to traditional markets. In a market like this, it is crucially important to be able to adapt and act as a trader with a moment’s notice. With an intuitive non-custodial trading platform that is easy to use, you’ll be able to conduct transactions quickly, easily, and without delay to empower you as a trader and speed up your operations.
Arbitrage Opportunities With a non-custodial trading platform, you’ll be able to trade on multiple exchanges from a central location. This allows you to take advantage of arbitrage opportunities if you choose to do so. Since crypto prices are so volatile, the ability to trade on multiple exchanges from one wallet becomes a potential opportunity to make money through arbitrage.
More Trading Options Since a non-custodial crypto trading platform can connect to multiple different exchanges, you’ll have more trading options than ever before. Whether you want to trade large-cap cryptos with high volume or small-cap cryptos that nobody else knows about, a non-custodial trading platform is the best option to allow you to trade all of your favorite assets with ease from a central location.
With support for trading 150+ cryptocurrencies and fiat to crypto purchases, CurrencyHub.io and CryptoSimba.com are non-custodial cryptocurrency trading platforms where every transaction is encrypted, secure, and verified. It’s built using state-of-the-art tech with an appealing interface that allows anyone to safely buy and trade cryptocurrency. For more information, visit https://currencyhub.io.
Currency Hub LLC Joins The Foundation For Interwallet Operability (FIO)
The cryptocurrency industry is working to make trading safe and easy.
SHERIDAN, Wyo. (PRWEB) January 22, 2019 Currency Hub was designed from the ground up to make trading cryptocurrency safe and easy, supporting both novice and experienced traders. Partnering with The Foundation for Interwallet Operability as an Affiliate member helps drive that vision forward by removing the most error prone aspects of trading.
“We are excited to be joining FIO and supporting their efforts to drive wider adoption of cryptocurrencies by removing some of the perceived barriers to entry. The biggest challenge we face is helping non-technical people understand the nuances of trading digital assets.” said Brad Spannbauer Founder and CEO of Currency Hub. “The FIO protocol will help traders navigate the sometimes-confusing process of using the various exchanges, wallets and associated addresses needed to transact with cryptocurrency. Working with the foundation and its partners we will help make the use of cryptocurrency as simple as using email.”
FIO’s new, decentralized, open-source blockchain protocol, which is being built by Dapix, will provide an enhanced layer of usability features for existing and future wallets and exchanges. It’s a decentralized PayPal-like platform that removes the risk, complexity, and inconvenience of sending and receiving tokens and coins. It will offer a standardized set of open source APIs and SDKs that can be globally adopted and integrated into any wallet, exchange, or crypto payment processor seamlessly.
All blockchain tokens and coins will be fully compatible with the FIO Protocol, with no blockchain code changes required. When launched, it will be a self standing, open source, fully decentralized ledger that never sits in the middle of the underlying transaction of any blockchain. Rather, the FIO Protocol operates in parallel to existing blockchain mechanisms, and provides an enhanced set of usability features.
David Gold, the founder and CEO of Dapix “We are excited to have Currency Hub join the Foundation for Interwallet Operability (FIO) as an Affiliate Member. The FIO Protocol will enable exchanges like Currency Hub to streamline the process for trading on their platform: enabling fewer steps, better overall user experience and with virtually error free transactions”
About Currency Hub With support for over 130 cryptocurrencies and growing, CurrencyHub.io a user friendly, non-custodial cryptocurrency trading platform. For more information, please visit https://currencyhub.io or email info@currencyhub.io
About The Foundation for Interwallet Operability The FIO Protocol technology is being developed by Dapix, Inc., a venture-backed company that was founded specifically to solve blockchain usability challenges. For more information, please visit https://fio.foundation
