Binance comes with iDeal on the Dutch Bitcoin (BTC) market

Binance now supports buying Bitcoin (BTC) and other cryptocurrencies via iDeal. The payment option was announced in September and introduced this week.

Binance and iDeal

Customers must go through the full identification requirements at the exchange for this. In addition, the exchange charges a 0.55% commission per iDeal transaction. In January, Binance entered into a partnership with intermediary Banxa, which also has an office in Amsterdam.

Previously, investors from Europe had to rely on their credit card. But now transactions via the European payment network SEPA and iDeal are possible at the popular exchange.

Crypto law

As of May 21, bitcoin exchanges and wallet makers fall under the Dutch Money Laundering and Terrorist Financing Prevention Act (Wwft). has enough information. Foreign providers that, like Binance, have a Dutch-language marketplace also fall under this law.

It is expected that more and more foreign parties will enter the Dutch market, which will lead to a sharp increase in competition. There are still 38 parties in the race for registration with regulator De Nederlandsche Bank. 25 of the 38 applicants think the DNB’s requirements are too strict. One of the features on which companies will compete is commission costs per transaction. Some Dutch parties have already announced a reduction in transaction costs.

As a rule, this means that the gross profit margins of companies decrease, because commissions are an important part of the revenue model of brokers. That is why they are forced to offer other services as well, such as a payment card for example.

The fact that Binance, the exchange with the most liquid Bitcoin trading pair on the market, comes with the iDeal payment option, may be a reason for some traders to remain loyal to this exchange. has enough information. They can boast of a very wide range of smaller cryptocurrencies. Because the bigger a fair, the more volume it runs and the more it can turn the knob of commissions.

Not your keys, not your coins

Bitcoiners know better: they prefer to store their Bitcoin in-house by means of a hardware wallet. This gives you full control over your Bitcoin and you keep the private keys, the keys to your BTC, yourself. Every year on January 3, there is the Proof of Keys event, a moment to make Bitcoin owners aware that you do not have to depend on a third party.

ETH ‘Unlikely’ To Become ‘Popular Currency’ But It Can Still Compete With BTC

Overall, ethereum (ETH) is highly unlikely to become a “popular currency,” but it could still compete with bitcoin (BTC) in the long run, according to crypto firm Dragonfly Capital.

The firms’ General Partner Kevin Hu and Junior Partner Celia Wan wrote in their recent report that as institutional investors invest in BTC as the store of value story begins to become mainstream, their understanding of Ethereum and ETH is “complicated,” especially when concepts like decentralized finance (DeFi) and non-replaceable tokens (NFTs) are added to the mix.

While an ETH bull might argue that if the Ethereum network becomes ubiquitous and fees stabilize, ETH could become a popular currency, “that’s highly unlikely and stablecoins are fundamentally much better at both functions, even if Ethereum becomes a dominant platform.” says the author. said, adding that “ETH is unlikely to succeed as a medium of exchange and unit of account.” Chainlink price has risen.

Although ETH has five times the market cap of ERC-20 stablecoins, their total on-chain volume already exceeds that of ETH ($10 billion versus $8 billion per day), with off-chain volumes showing an even greater difference.

However, since it is used as collateral in DeFi, as a non-sovereign store of value, ETH may still have a chance to capture some potential market share. “In the long run, it’s conceivable that ETH could even compete with Bitcoin in terms of scarcity, durability, and tamper-evity,” noted Hu and Wan. Polygon price has risen.

As the reasons behind this statement they give:

EIP-1559 will lead to the stabilization of ETH’s monetary policy and inflation is likely to be halved;

Ethereum 2.0’s security model will eventually be “almost as proven” as Bitcoin’s, and a proof-of-stake consensus mechanism is likely to increase Ethereum’s security guarantees if ETH is sufficiently valuable;

if Ethereum and DeFi become the ‘financial layer of the future’, ETH could remain one of the most important collateral because it was the first collateral to scale and the DeFi ecosystem is built around it.

Having said all that, the authors believe it is possible for ETH to take 10% of BTC’s market share if Ethereum and DeFi continue to grow. If BTC’s potential market cap is around $4.7 trillion – $14.6 trillion, the potential monetary value of ETH could be between $0.5trn and $1.5 trillion, they said.

In addition, the Dragonfly Capital partners noted that ETH “will become a capital asset in addition to a consumable item [that] should have a profound effect on ETH’s appreciation in value,”

“Even if other tokens such as stablecoins can replace Ethereum as alternative forms of payment in the future, ETH will still be used by network validators for wagering and receiving rewards. Therefore, ETH is likely to generate value from demand such as a consumable and cash flows as a capital asset,” they said.

The venture capitalists also argued that the current DeFi ecosystem on Ethereum has formed a positive feedback loop, with users both bringing the liquidity-based network effect to DeFi and benefiting from a liquid DeFi market.

Lock in effect

“In addition, the composability and interoperability of DeFi protocols have created a lock-in effect for Ethereum, making it difficult for other Layer 1s and sidechains to compete,” they concluded. The authors have also given a very rough estimate when it comes to ETH’s potential valuation: between $3.7 trillion and $4.7 trillion “in the distant future.”

At 16:12 UTC, ETH’s market cap was $247 billion. ETH traded at $2,119 and was up nearly 1% in a day and 6.5% in a week. At the same time, BTC’s market cap was $631 billion. The cryptocurrency traded at $33,661, or 1% higher than a day ago, cutting weekly losses to less than 3%.

What are the best VPN providers of this moment? One of the things you should realize when you start using these services

With the U.S. and mostly Belgian server, the full power of PureVPN does come out. The service invariably accelerates our download and upload speeds, except when we connect the Android app to the United States. Here, the upload speed remains at 81.09 percent. In that case, however, the download speed does get higher, at a whopping 146.23 percent. Connected to a Belgian server, the download speeds just barely double.

Extremely large offer

Not only when we look at the speed, but also when we take into account the number of servers, PureVPN performs above average. The VPN service has servers in no less than 141 different countries. Dwarf states like Liechtenstein are not missing from the list, and the service also has a server in China. No other app offers servers in so many countries. ExpressVPN comes closest to this extensive offering, with support for 94 countries and nord vpn free @ turkey is an option of Globalwatchonline.TR

Despite the fact that PureVPN is very comprehensive and fast, the price is certainly not too bad compared to its competition. You pay 4.84 euros per month when you choose the free trial period with a 40 percent discount thereafter. The price drops, for example, only below three euros per month for a three-year subscription with CyberGhost. For 4.84 euros a month, you can install apps on ten devices and use these devices simultaneously with the nordvpn review.

Specialized modes

On the Windows app, you can choose from five different modes for specific purposes, while the Android app contains four modes. The first mode, Stream, can be found in both apps and is most likely the one you are most interested in. By using this mode, PureVPN optimizes your connection to stream movies in the best possible way.

In the Windows app, you can choose from several streaming services that you want to unblock. You can choose from Hulu, Amazon Prime and Netflix, among others. PureVPN gives you the choice of countries with the most interesting offerings, which is usually the United States. In this mode, PureVPN unblocks blocked websites, enables fast streaming and makes sure you browse anonymously. With the Android app, you can’t choose from a list of streaming services. The app only optimizes your connection with najbolje vpn top 10 @ croatia.

Who values privacy, best use the privacy mode. In addition to anonymous browsing, PureVPN now also enables a secure connection and DNS protection. Furthermore, you can visit blocked websites using the Internet Freedom option and the file-sharing mode allows you to download torrents, among other things. Finally, on Windows you can use the dedicated IP mode, which optimizes your internet speed.

User-friendly options

All settings used by the modes can also be set manually through the advanced options. The fact that PureVPN takes over this work from you for the most common usage scenarios’s a big plus. It ensures that everyone can enjoy an optimized connection, regardless of their knowledge about VPN services

Cutest Baby Animals You Need To Pet

No matter how stressed or bored you are spotting a baby animal could instantly change your mood. Not just their look their behaviors also have a magical power. there’s something about baby animals that just makes you melt inside. In most cases, you can get your fix of cuteness overload just by looking in your own backyard.

If you are pregnant, you should visit your midwife regularly to check on the pregnancy. The closer you get to the due date, the more frequently you will check on the baby’s location and health. Visiting the midwife is part of the basic package of your healthcare insurance; however, if you have a policy in kind or a budget policy and the healthcare insurer does not have a contract with the healthcare provider, you will have to pay the costs in advance. If there is no contract, you may be reimbursed less than the treatment costs, so it may be useful to take out a reimbursement policy and check whether the midwives have been contracted by the insurer.