Stephen Collie Enterprises New Zealand

Luno Review: An Exchange Launched from Emerging Markets

Luno, a rather fitting name for an exchange which tends to capture one of cryptocurrency’s most talked about phrases, “To the moon!”. The exchange is relatively unknown for cryptocurrency enthusiasts based in the Americas and Europe. However, in this Luno review, we’ll explore some of the regions they operate in and the benefits and drawbacks of trading with this up-and-coming cryptocurrency exchange.

Luno was founded in 2013 in South Africa and now operates in more than 40 countries around the globe. The company’s user base has grown dramatically over the last couple of years alongside the tremendous growth and adoption of Bitcoin. Luno has approximately 2 million customers and has processed over $2 billion in payments to date.

  • Key Information
  • How It Works
  • Trading Fees
  • Available Cryptocurrencies
  • Transfer Limits
  • Company Trust
  • Fund Security
  • Customer Support
  • Conclusion

Luno Key Information

Site Type: Cryptocurrency Exchange
Beginner Friendly: Yes
Mobile App: Yes
Company Headquarters: United Kingdom
Company Launch: 2013, Cape Town, South Africa
Deposit Methods: Fiat, Cryptocurrency
Withdrawal Methods: Fiat, Cryptocurrency
Available Cryptocurrencies: Bitcoin, Ethereum
Community Trust: Good to Average
Security: Great
Fees: Medium to High
Customer Support: Good

How It Works

Luno review. The Luno sign-up process

Luno Exchange Registration

Create Account

During the Luno review, we set up an account and went through the usual registration and security measures. The process was fairly simple. Luno, like most exchanges these days, will notify you of every login you make in case of any suspicious activity

Dashboard

The dashboard is fairly well organized, though not the most impressive we’ve seen compared to some other well-established players. So, if you are planning to trade immediately then enabling 2-factor authentication (2FA) in settings should be your first port of call.

In wallets, you can find access to both your fiat and cryptocurrency funds. Depositing and withdrawing funds to and from bank accounts was a piece of cake and sending and receiving funds between digital wallets was even easier, thanks of course to blockchain technology.

Luno Exchange

The Luno trading platform is quite basic compared to other platforms we’ve reviewed. You still have the usual tools available to you, however. They include the order book, simple charting, place order function and recent trades list.

Placing an order at a specific price through the order box is straightforward. However, placing a market order is not as intuitive. The best way to do this is actually clicking on the latest price in the order book or recent trades list so that you get an accurate price. This could be a potential problem for active traders looking to get in and out of positions on a regular basis.

One feature we would like to see added is the ability to buy Ethereum directly with your national currency. Currently, you have to buy Bitcoin first before exchanging it for Ethereum.

 

Luno Markets

Unfortunately, the charting package does not provide long-term data for most cryptocurrency pairs. This is most likely due to Luno’s limited data feed. Keep in mind that most cryptocurrency pairs are measured in US Dollars ($) because of the Dollar’s reserve status. Consequently, the data for local currency pairs should improve over time as more users are added to the platform.

The more experienced trader may want to use an advanced trading platform such as TradingView to keep track of international prices. We have a great beginner guide on charting in TradingView when you are ready to take your trading to the next level.

Arbitrage

Arbitrage is a term used to describe different prices of the same asset in different locations. For example, if you keep track of the Bitcoin price in USD ($) on different exchanges globally you will probably find that they differ, sometimes considerably.

We noticed that the price difference for Bitcoin was quite large on Luno over some days compared to others. Therefore, traders should keep this in mind when using the Luno service. Also, remember that there is no central authority setting the international cryptocurrency prices because they are determined by supply and demand.

Supported Currencies

At this time Luno only supports accounts denominated in the following currencies:

  • Euro (€)
  • Indonesian Rupiah (IDR)
  • Malaysian Ringgit (MYR)
  • Nigerian Naira (NGN)
  • South African Rand (ZAR)

Mobile Trading & Wallet App

The mobile wallet is a nice addition to the Luno toolset. The app was pretty easy to navigate and transfer funds with. The charting application, however, is similar to the desktop version in that it’s a bit too basic. The interface could do with an overhaul in future updates.

Luno Exchange Mobile App

Keep in mind that in emerging markets, mobile phones far outnumber any other form of internet access. The business of the future will be conducted on-the-go with a smartphone. Exchanges which provide excellent mobile applications to their customers will have a major advantage.

Trading Fees

Luno’s trading fees are dependent on your country and supported national currency. Fees for European and Indonesian clients are quite competitive, coming in at 0.20% and 0.25% respectively. While fees for other locations are more expensive.

This is a pity because it doesn’t compare that favorably to other exchanges. These fees will almost certainly come down as the cryptocurrency industry matures and competitors arrive on the scene.

Luno Trading Fees

Deposit & Withdrawal Fees

Deposit and withdrawal fees are generally quite competitive. But remember that if you are transferring from crypto to your Luno crypto wallet that fees from the relevant blockchain apply. Here is an example on the Ethereum blockchain. You can also find a detailed description of the Luno fee structure on their website.

Available Cryptocurrencies

Perhaps the biggest drawback to using Luno is the limited number of cryptocurrencies available. To date, they only provide trading in Bitcoin and Ethereum. This does, however, fit the model of other well-established companies like Coinbase and Gemini. These companies prefer to trade in reputable coins and build favorable relationships with regulators.

Despite these benefits, it would probably be in Luno’s best interest to add some additional well-known coins to their offering and consequently attract new customers.

Transfer Limits

As usual, your daily transfer limits depend on your level of account verification. Level 1 has a low max cap on all withdrawals and deposits. Presumably, this will be for first-time investors looking to get their feet wet in the cryptocurrency markets.

Level 2 provides a generous deposit and withdrawal amount on a monthly basis and level 3 is for investors who trade/move large amounts of cryptocurrency on a regular basis:

Luno Transfer Limits

Level 1 requires basic personal details while levels 2 and 3 require stricter documentation in line with KYC (Know Your Customer) regulations. Most noteworthy, Luno will need government-issued identification and proof of address for the upper levels.

There appear to be no limits on cryptocurrency only withdrawals and deposits.

Company Trust

Through a little digging, we found that the company received mixed reviews from the crypto community due in many cases to accounts being blocked. Security has been a problem for centralized exchanges in recent years so this could be a reason that Luno is playing it very safe. In general, though, the support team has responded quickly to concerned users on several Luno review sites.

Fund Security

Luno’s security is quite solid and steps are taken on various levels:

Storage

  1. The majority of customer funds are kept in cold storage or cold wallet accounts. These accounts are not constantly connected to the internet and are multi-signature so that one person never has full access to accounts
  2. Hot wallet (always connected to the internet) accounts also use multi-signature so that customers have instant access to Bitcoin funds if and when they need them. Furthermore, one of the keys is held by BitGo, an independent custodian for cryptocurrency accounts.

Authentication

  1. Passwords are stored in hash form
  2. Two-factor authentication (2FA) is available for an extra layer of protection. We highly recommend enabling this option for all your cryptocurrency accounts.

Company Principles

  1. All web services and communication use secure layer protocols and encryption. Also, employees do not have access to customer funds. Finally, auditing takes place regularly to account for customer funds.
  2. Privacy – access to personal information is on a need-to-know basis and is strictly controlled.

Also, remember that Luno is a centralized exchange and is, therefore, a target for hacking and fraud. Centralized exchanges store large amounts of crypto in a few places. If you are a large buyer and/or long-term holder of cryptocurrencies we recommend you store your virtual currencies in a hardware wallet where you have full control of your keys and funds!

Customer Support

From what we could gather the customer support team responds quite quickly on review sites and in social media. However, the number of blocked accounts is a notable concern. The massive interest in cryptocurrency over the last couple of years has most probably put some pressure on Luno’s support systems. As a result, with additional resources and experience, these issue should be ironed out.

Conclusion: Luno Review

Luno adds a nice touch to their service through regular activity across social media channels and their blog. Because their marketing also gives the impression of professionalism, this should allow them to continue growing their user numbers over the next couple of years.

Transferring funds between fiat and crypto on Luno was easy. Clients who have trouble transferring funds internationally will find having a local exchange a real benefit. Overall the platform is a good choice for those with few other options in their home country.

However, the high trading fees in some locations and frustration from users with blocked accounts remains a concern for Luno going forward. If they can deal with these problems quickly they will remain a solid exchange for users in emerging markets.

For additional updates and information you can stay in touch with Luno on the following channels:

Luno Rating

Beginner Friendliness 4

Customer Support 3.5

Community Sentiment 3.5

Fees 4

Payment Methods 5

Available Cryptocurrencies 3

Visit Luno Here


This article by Ryan Smith was previously published on Coincentral.com

About the Author:

Ryan is a web developer, writer, and cryptocurrency trader who hails from sunny South Africa. He eats, breathes and lives crypto. When not meticulously looking over charts he can be found planning his next road trip or running around a 5-a-side soccer field.

 

What is the Internet of Services (IOS)?

The Internet of Services (IOS) is a blockchain infrastructure that’s aiming to solve maybe the biggest problem in blockchain today – scalability. The platform’s native token is the IOS token, IOST for short.

Market Problem: Current blockchain architecture has seemingly hit a plateau in which additional adoption only leads to exorbitant fees, slow transaction times, and poor throughput. Even though some second-layer scaling solutions are being implemented, they’re largely untested and may still not reach the level of scalability that an enterprise-level company like Amazon would need.

The IOS team believes that the current consensus protocols and blockchain architecture are the inherent causes of these scalability roadblocks. In this IOS beginner’s guide, we’ll look at all aspects of the blockchain infrastructure project including:

How does the Internet of Services (IOS) work?

The Internet of Services (IOS) utilizes five primary innovations to traditional blockchain architecture and consensus algorithms. Let’s take a closer look at each one individually. Warning: It’s going to get a little dense.

1. Efficient Distributed Sharding (EDS)

Before getting into EDS, you need to have an understanding of how sharding works. Sharding splits the nodes on a network into groups who then verify a proportional number of transactions. The groupings enable concurrent verifications to take place, increasing the network throughput.

This poses a few questions, though. How do you select which nodes are in which shard? How can you remain resistant to malicious nodes? What’s the node leader election process? (Bitcoin does this through mining.)

To answer these questions, IOS uses the Distributed Random Protocol (DRP). Simply put, this protocol implements client-server communication with non-interactive zero-knowledge proofs (NIZK) and publicly verifiable secret sharing (PVSS) to create an unforgeable, uniformly random value. That may not have been so simple… The IOS white paper spells out the protocol in more detail.

DRP works great if there are no malicious or failing nodes on the network. But, we know that often isn’t the case. To prevent the impact of the activity caused by these nodes, Internet of Services elects leaders using Algorand and Omniledger. These mechanisms ensure that leader nodes run the DRP protocol, and if they don’t, are then excluded from participating on the network.

2. TransEpoch

Internet of Services switches batches of nodes in and out when transitioning between epochs. To do so, it uses TransEpoch, a node-to-shard transition assignment protocol that allows remaining nodes to continue working while having new nodes bootstrap and download history data.

The TransEpoch algorithm keeps the Byzantine Fault Tolerance (BFT) consensus on each shard. This essentially means that malicious nodes shouldn’t be able to take over the shard during the transition.

3. Atomix

With any sharding system, there’s the likelihood that you’ll need to make transactions across shards. This causes an extra layer of complexity that opens the network up to double spend hacks and inaccuracies between the transaction ledgers of different shards.

IOS’s implementation of the Byzantine Shard Atomic Commit (Atomix) protocol should make those problems a non-issue. Here’s how it works:

  1. Node a in shard A wants to send funds to node b in shard B.
  2. If the nodes in A approve the transaction, they’ll log it in A’s blockchain.
  3. Simultaneously, the client will lock the a funds into a transaction message and send it to B.
  4. A sends the transaction to B’s blockchain for validation.
  5. If the nodes in B approve the transaction, b receives the funds.
  6. If at any point in the process the nodes reject the transaction, the funds return to a.

4. Proof-of-Believability (PoB)

Proof-of-Believability separates all of the IOS nodes into two leagues: believable and normal. First, nodes from the believable league quickly process transactions. After that, the normal nodes validate samples of the transactions and provide verifiability.

The likelihood of a node being selected for the believable league is based on its believability score. This score is comprised of the token balance, reviews, and community contributions, among other things.

The purpose of the normal nodes is to ensure that the believable nodes are acting honestly. If a normal node catches a believable node acting dishonestly, that believable node will lose all of its tokens and its believability score will return to zero.

5. Micro State Block (MSB)

Having each node in a network store the entire blockchain is great for security and immutability. However, as more transactions attach to the chain, this process becomes time and resource intensive. Instead, Internet of Services prunes blockchain storage through Micro State Blocks (MSBs).

With this strategy, each shard only stores the headers of previous blocks and the blockchain state is dispersed across multiple shards. Because of the MSB generation protocol, nodes only need to validate the last part of the blockchain as opposed to checking the entire thing.

IOS token (IOST) and Servi

IOS token (IOST)

The IOS token (IOST) is the medium of exchange on the IOS network and a factor into a node’s believability score. Additionally, you receive IOST by validating transactions and contributing computing power for services such as smart contract execution.

The team minted the entire supply of IOST (21 million) during the private ICO event. They distributed the tokens accordingly:

  • 40%: Token Sale
  • 35%: IOS Foundation
  • 12.5%: Community Building
  • 10%: Team
  • 2.5%: Investors and Advisors
IOST Uses

Servi

The amount of Servi is another main factor in a node’s believability score calculation. You receive Servi when you provide services to the community, evaluate third-party services, and/or help out in other ways.

You’re unable to trade or exchange Servi, and your Servi balance resets to zero when you validate a block.

IOS team & progress

The IOS team consists of over 30 members spread across Asia and North America. Resumes include CoinLang creator, EtherCap CTO, Forbes 30 under 30, National Olympiad in Informatics Gold Medalist, and numerous other roles. IOS also has an advisory board that includes names such as Yusen Dai (Jumei co-founder), Ryan Bubinski (Codecademy co-founder), and Robert Neivert (500 Startups venture partner).

An impressive amount of companies and venture capital firms have partnered with and invested in the project as well. The list includes Huobi, FBG Capital, and Sequoia Capital.

IOS Investors and Partners

With a focus on scalability and enterprise-level usage, IOS is competing with decentralized application (dapp) platforms that have the same focuses. Obviously, IOS’s biggest competitor is Ethereum. However, EOS and NEO have come out with announcements that they also plan to solve the scaling issues that have plagued other blockchain projects.

ICON, Lisk, and VeChain also aim to provide blockchain solutions to enterprise clients. In the end, there are plenty (and will probably be plenty more) dapp platforms that IOS competes with.

Trading

The IOST price saw one sharp spike shortly after the ICO but hasn’t had much volatility since – a rarity in the cryptocurrency space. It’s unclear what may have caused that initial spike to the all-time high of ~$0.13 (~0.00001 BTC), but it could’ve just been investors simply finding out about the project.

After the end of the January pump, the IOST price immediately dropped down to almost ICO price levels. It continued to slowly drop through most of March before turning around. Starting at the end of March, the price steadily rose and is now at ~$0.05 (0.000006 BTC).

This project has a long roadmap ahead of it, so it’s difficult to say what may affect the price. Overall market conditions will most likely be the biggest influencer. Partnership announcements could lead to some positive price actions as well.

Where to buy IOST

You can purchase IOST on Huobi, Binance, or OKEx with BTC or ETH. However, the coin has the largest trading volume as a trading pair with Bitcoin on all three exchanges.

If you don’t own any cryptocurrency, you can first pick up some Bitcoin on an exchange like Gemini or GDAX.

Where to store IOST

Because IOST is currently on the Ethereum network, you can store it in any wallet with ERC20 support. MyEtherWallet is a great online choice while the Ledger Nano S is a solid hardware wallet you can use.

Once the team launches the mainnet, you’ll want to store your coins in the official wallet that they provide. This launch isn’t scheduled until Q3 2019, though, so the team hasn’t released that wallet yet.

Conclusion

IOS is attempting to build a more scalable blockchain infrastructure. Easily one of the more complex projects in the space, it’ll be at least a year before we’ll be able to measure the success of it.

If the team can achieve the ambitious goals they’ve set for themselves, we may see an entirely new blockchain infrastructure conquer the space. However, with the number of developers working on scaling solutions for projects that are much further along, it may be too late.

Additional IOS resources

Twitter
Telegram
Reddit
Medium
Github


This article by Steven Buchko was previously published on Coincentral.com

About the Author:

Steven is a managing editor at Coin Central and a blockchain investor. He’s also the co-founder of Coin Clear, a mobile app that automatically turns your daily spending habits into cryptocurrency investments.

 

Allright, You Want to Start Cryptocurrency Trading?

Well, you’ve come to the right place. Getting started with cryptocurrency trading can be a daunting task. You may be wondering, “What wallet should I use? Where do I buy Bitcoin? What even is a Bitcoin?”

Worry no more. We’re here to provide you with all the information you need to learn how to begin your cryptocurrency trading adventure.

What’s Your Strategy?

Before even looking at potential cryptocurrencies, you should figure out which strategy you want to pursue. Everyone has their own tactics, but they generally fall into one of the following categories:

  • Long-term hodler – You just want to buy a few different coins and keep them as a long-term (>1 year) investment. This is the simplest trading strategy and usually involves the least amount of risk. You’ll most likely stick to cryptocurrencies with a larger market cap.
  • Mid-range investor – You have a slightly higher risk tolerance than the long-term hodler. There may be coins you hold for awhile, but you also rebalance your portfolio every month or so. Your holdings probably include a mixture of large and medium market cap coins.
  • Daytrader – The most advanced and riskiest cryptocurrency trading strategy. You focus mainly on technical analysis to trade volatile swings in the market. This can be lucrative if you do it properly, but it’s difficult to execute well. All coins are fair game with this strategy.

Your strategy can be some mixture of these three tactics as well. If you’re just starting with cryptocurrency trading, we recommend you stick with the first two.

Choose a Cryptocurrency

It may seem obvious, but you need to put some effort into choosing the cryptocurrencies you invest in. Take your time with this. There will always be new opportunities, so don’t just jump into a trade in an attempt to catch a pump.

Research, Research, Research

Did we mention research? The most important step of every investment opportunity is to research the coin you want to buy. Doing this one step will set you notably ahead of many other investors out there.

At the very least, you should figure out what problem the coin is solving, why the team is qualified to create it, and what purpose the coin has in the overall ecosystem.

Reading the coin’s white paper is a great way to gather all of this information. These documents may seem intimidating, but after reading the first couple, you’ll find that they aren’t so bad. The Bitcoin white paper is the perfect starting point for any cryptocurrency novice. Check it out and learn what started the whole blockchain revolution.

After proper due diligence on your coin (or ten coins), it’s time for you to make the investment.

Find an Exchange

There are a seemingly endless amount of exchange options. Each one consists of pros and cons for different traders as well as different lists of available coins.

When finding an exchange, it’s important that you first see if it supports the coins you want to trade. Most exchanges have an easy-to-find page that lists all of the available coins. We’ve also compiled a list of tradeable cryptocurrencies on the most popular exchanges here.

Beginner Exchanges

If you’re a beginner interested in sticking to the most well-known cryptocurrencies, Coinbase is your best bet. Ever so slightly more advanced, GDAX and Gemini offer similar coin selections with lower trading fees.

Kraken has similar ease-of-use as the previously mentioned exchanges but consists of a larger list of coins.

You can purchase cryptocurrency with fiat (i.e. USD) on all of these platforms.

cryptocurrency

Moderate Exchanges

These platforms support a wider array of coins than the beginner exchanges and usually have lower fees as well. However, this comes at the expense of user experience.

None of these exchanges allow you to use fiat to purchase crypto. You need to have already owned or first purchased Bitcoin or Ethereum on one of the beginner exchanges.

Reputable exchanges in this list include Binance, Bittrex, and KuCoin.

Decentralized Exchanges (Advanced)

As you become a seasoned cryptocurrency trader, you may find yourself trading small market cap coins. Most of these coins aren’t available on centralized exchanges. Instead, you have to use an Ethereum-powered decentralized exchange (DEX).

On these exchanges, you trade directly on the blockchain. There’s no intermediary to match orders. You use a tool like MetaMask to execute your trades. Once again, decentralized exchanges are only recommended for experienced traders.

If this is something that interests you, Ether Delta and IDEX are two solid DEXs to check out.

Select a Wallet

Finally, and most importantly, you should have a secure wallet if you plan on holding your coins for an extended period of time. Once again, you have plenty of options for storage.

Exchanges

Exchanges are by far the least secure place to store your funds. They’re common targets of hackers and are susceptible to phishing attacks. If you do plan on leaving your money on an exchange in order to have some trading liquidity, make it the least amount possible.

Online Wallets

Online wallets are your next best option. These are slightly better than exchanges, but since they’re still online, they have many of the same vulnerabilities. Even a reputable wallet like MyEtherWallet has recently proven that malicious players will always find a way to circumvent the system.

Software Wallets

Even better than online wallets are software wallets. Many of these wallets store your information locally on the device you download it to. However, if your computer or phone catches malware, it could compromise your security. Exodus and Edge are two popular software options.

Hardware/Paper Wallets

Ideally, you should use a hardware or paper wallet for storage. Both methods keep your coins offline and provide the highest level of security. Paper wallets are free, but hardware wallets typically cost around $100. The price tag brings enough security to make them worth it, though. The Ledger Nano S and Trezor are the top hardware wallet picks.

Ledger Nano S

Get Out There and Start Trading

Those are the basic steps you need to follow in order to begin cryptocurrency trading. From there, it’s a lot of trial and error and learning as you go. If you’re itching for more information, check out the guides on the common mistakes to avoid when trading as well as how to evaluate a coin.

This article by Steven Buchko was previously published on Coincentral.com

 

About the Author:

Steven Buchko is a managing editor at Coin Central and a blockchain investor. He’s also the co-founder of Coin Clear, a mobile app that automatically turns your daily spending habits into cryptocurrency investments.


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How to Buy Animecoin (ANI)

Animecoin has been around since 2014 but has been fairly inactive until now. A new team has resurrected the coin from the dead bringing its price to life along with it. With these changes happening so recently, you’re only able to buy Animecoin from one exchange: Cryptopia.

In this article, we’ll walk you through the steps you need to take to buy Animecoin (ANI) using Cryptopia. If you’d like to learn more about the project, you should check out our Animecoin beginner’s guide. Without further ado, let’s begin.

First Things First

Before setting up an account on Cryptopia, you need to purchase Bitcoin. Cryptopia is purely a cryptocurrency exchange, so you’re unable to trade using fiat (e.g. USD). Cryptopia also offers Animecoin as a trading pair with Litecoin and Dogecoin, but the trading volume is so low that you may have trouble making the purchase.

You have numerous options to choose from when purchasing your Bitcoin. Coinbase and GDAX are great exchanges for beginners. If you need help with this process, follow alongside our Bitcoin buying guide.

Once you’ve purchased some Bitcoin, set-up an account on Cryptopia (instructions below).

Cryptopia Account Registration

Step 1. Navigate to the Cryptopia website.

Step 2. Click “Register” in the upper righthand corner of the page.

Cryptopia Registration

Step 3. On the next screen, follow the instructions to enter your account information.

Cryptopia Account

Step 4. After submitting your information, you’ll receive an email to confirm your email address.

Step 5. Click the link in the email to confirm, and you’ll see a confirmation message.

Cryptopia Email Registration

Step 6. After clicking “click here”, you’ll see a login page.

Step 7. Once you successfully enter your login credentials, you’ll most likely have to enter a code for 2-factor authentication. Check your email for this code.

Cryptopia Two Factor Verification

Step 8. Enter the code, click “Verify”, and you’re in!

Sending Bitcoin to Cryptopia

Step 9. Once logged in, click “Exchange.” You have two options for this.

Cryptopia Exchange

Step 10. In the exchange, hover your mouse over the Bitcoin logo next to your username and click “Deposit.”

Cryptopia Deposit

Step 11. Choose “Bitcoin (BTC)” from the drop-down, and click “Next.”

Cryptopia Deposit Drop-down

Step 12. The next page shows you your deposit address and QR code you can use to receive funds. Send your Bitcoin to Cryptopia using one of those two things.

Cryptopia Received Bitcoin

Step 13. After sending your Bitcoin, click “Done.”

Buying Animecoin (ANI)

Step 14. You should now be back on the exchange page.

Step 15. On the left side, make sure the BTC tab is selected, search for “Animecoin”, and click the correct coin.

Cryptopia Animecoin Choice

Step 15. You can now buy Animecoin from the panel towards the middle of your screen.

Cryptopia Buy Animecoin

Step 16. If you’re new to buying cryptocurrency, click the top order from the Sell Orders panel. This will automatically fill your Buy Animecoin form with some data. Update the total BTC amount with what you’d like to spend, and the rest of the inputs will update accordingly. For your order to be filled immediately, this amount needs to be less than the amount that was automatically placed there when you clicked the order in the Sell Orders panel.

There you have it. You’re now the proud owner of Animecoin!

This article by Steven Buchko was originally published at CoinCentral.com

 

About the Author:

Steven Buchko is a managing editor at Coin Central and a blockchain investor. He’s also the co-founder of Coin Clear, a mobile app that automatically turns your daily spending habits into cryptocurrency investments.

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