NXTER.ORG

Coinimal launched

Coinimal has launched with SOFORT, EPS, SEPA and OBT as Euro payment options. At the time of the launch Coinimal accepts Euro, Bitcoin, Litecoin and NXT. Visit Coinimal.com.

If you buy with SOFORT, EPS or OBT, your coins are sent immediately after you have finished making your payment. SEPA payments usually take one business day to process, your coins are sent to you as soon as the funds have arrived in Coinimal’s bank account. If you use SEPA, the exchange rate will be set at the time of your order not when the Euro payment arrives in Coinimal’s bank account.

If you are selling coins, you only need to provide the bank account details where you want to receive the SEPA transfer. When you have finalized your order, you will be presented with a cryptocoin address, to which you must send your coins within 10 minutes. As soon as Coinimal receives the coins, you will be notified via email and they will send the SEPA transfer.

Coinimal & SuperNET

Coinimal will be featured as the EUR-gateway in the SuperNET client under the following agreement:

* All orders submitted through the SuperNET are eligible for this deal.
* The profit from eligible orders will be distributed in the following way:

51% SuperNET
49% Coinimal GmbH

* The Profit Share can be distributed freely but SuperNET is not allowed to issue an asset that includes the name “Coinimal” in the asset title.

* The Profit Share will be paid monthly.
* The Payment will be made in Bitcoin.

Coinimal GmbH is located in Vienna, Austria. CEO and co-founder of Coinimal is TwinWinnerd, a known trader, trusted escrow and cryptoholic on bitcointalk.org, Nxtforum.org and SuperNET Slack.

Read his announcement and interact with Coinimal on Nxtforum: https://nxtforum.org/general-discussion/(ann)-www-coinimal-com-buysell-nxt-btcco-extremely-fast-and-easy!-on-supernet!/

Nxt – The Economy Platform For Professional Traders

Nxt features an integrated exchange in which many different kinds of assets and currencies are listed for sale. We call it the Asset Exchange.

  • Secure and Minimal Cost Trading
  • Market Making
  • Dividends, Suffrage and Capitalization for Shareholders [coming in 1.4 and 1.5]

Not a trader? Have a look at Nxt – The Economy Platform to find out what else Nxt has to offer.

Secure and Minimal Cost Trading

Since the global financial crisis, we all know that the banks and regulatory authorities in our home countries cannot ensure that our money is 100% safe. This lack of trust is driving the wider adoption of cryptocurrencies as a medium of exchange. However, even exchanges for cryptocurrencies are no exception here; a notorious example being Mt. Gox, which jeopardized its customers’ funds because of its technical, security-related and financial shortcomings.

Again, we trusted the competence and integrity of the people who are in charge of these centralized exchanges. Such risks, however, simply do not arise when trading on a decentralized exchange as integrated in Nxt. Moreover, in addition to the security guaranteed by its decentralization technology, the exchange executes your orders for a minimal fee.

Web-based interfaces like SecureAE provide easy access and further tools to manage your portfolio on the integrated exchange. Please note that all centrally managed Web applications, like SecureAE, are free to filter the data on the blockchain or to alter its appearance in order to provide a smoother user experience and to comply with the requirements of their particular jurisdictions.

Market Making

Nxt enables the creation of markets for a potentially unlimited range of assets and currencies. These are the things you can trade for profit on the integrated exchange:

  • NXTs
  • shares issued on Nxt
  • other kinds of assets
  • currencies based on Nxt [coming in 1.4]

Dividends, Suffrage and Capitalization For Shareholders

Nxt provides the necessary tools to interact with shareholders:

  • the ability to declare dividends [coming in 1.4]
  • enabling shareholders to participate in important decisions [coming in 1.5]

Further Reading and Development Resources

Available on http://nxtinside.org/

[The latest release of the Nxt Reference Software (NRS) is 1.3.4.]

You need more? ;-) Have a look at Nxt – The Economy Platform to find out what else Nxt has to offer.

Instant Fiat → NXT exchange

No more deposit delays for crypto purchases!

Crypto exchange CCEDK now offers direct, near-instant payment from more than 3,600 banks in 7 European countries. The transaction is authorised through the customer’s online banking system on the payment platform, and is complete in 15-30 minutes (assuming your country supports OBT).

‘To most people buying Bitcoin, NXT, Peercoin, Darkcoin, Blackcoin and more, international bank transfers have been the normal way to do it, as buying with credit cards is practically impossible. Now, it is possible to pay almost as quickly as if you are using your credit card,’ says Ronny Boesing, CEO of CCEDK ApS.

The seven countries qualifying for direct payment via the OBT system on CCEDK are Germany, France, Spain, Italy, Austria (EUR), UK (GBP) and Hungary (HUF).

‘There need be no more delays on deposits, no more missing out on a good sell offer! As soon as we get your money in EUR, GBP or HUF, we can send you Bitcoin, NXT, Peercoin or any of the other nine cryptocurrencies listed on our exchange.’

Other fiat deposits

Other European countries are able to use SEPA (Single Euro Payments Area) with a transaction time of 1-3 days, depending on the bank connection used. On top of that, International Wire transfer is available to the rest of the world in EUR and USD, as well as the services from the payment provider Payeer, which offers deposits and withdrawals in EUR, USD, RUR and UAH.

CCEDK is also expecting to introduce OBT as an option for instant payment for Bitcoins on their partner project, www.CCPAYT.com, an instant crypto->BTC initiative. CCPAYT supports 11 different altcoins, including LTC, PPC, DOGE, NXT, BC, RDD, DRK, NBT, BTM, FimK and BTSX.

www.CCEDK.com is based in Denmark, part of the EU. CCEDK offers buy and sell options for digital currencies in a secure environment on the base of 2FA. They offer anonymous trading of some 85+ crypto pairs based on Bitcoin, Litecoin, Peercoin, NXT, Nubits, Dogecoin, Bitmark, Blackcoin, Darkcoin, Reddcoin, Fimkrypto and BitsharesX, and 50+ fiat pairs with validation.

CCPAYT.com – Instant NXT-to-Bitcoin Exchange

CCPAYT.com, in cooperation with its main sponsors CCEDK ApS and Fun-Casino.com, is launching the first online altcoins-to-BTC payment terminal. NXTERS and other alt coiners can exchange their currencies and top up their accounts with BTC instantly in just a few easy steps!

Ronny Boesing, CEO of the Danish Exchange CCEDK, agreed to be interviewed in order to present what he thinks could be a major success in the crypto industry due to its ease of use and its facilitating the transmission of anonymous transactions to a secure cold wallet.

CCPAYT.com will begin its activities by offering the users of Fun-Casino this week, and the users of CCEDK next week, an easy and quick way to top up their user accounts, and provides a solution to a common problem: how do I quickly convert cryptocurrency into bitcoins?” says entrepreneur Boesing. “It furthermore provides accuracy and ease of use, eliminating the need to visit multiple sites to have your favorite cryptocurrencies changed to bitcoins.”

CCPAYT.com – initially supporting 11 crypto currencies – is designed as an accessible payment terminal to be used by anyone who has previously registered at the Bitcoin casino Fun-Casino – and from next week the Bitcoin exchange CCEDK as well as CCPAYT is intended for any Bitcoin-related exchanges, casinos, game retailers, mobile operators or similar who have an interest in offering their members alternative ways to top up their account with Bitcoins.

A further three Bitcoin merchant sites will be adding CCPAYT.com this week, including newsandscore.com and taxliendealer.com, and many more are expected shortly due to the exciting opportunities offered by such an easy and instant conversion of crypto to Bitcoin at spot prices.

NXT <-> altcoin integration

NXT_accepted-1_blue

Boesing will be including in his CCEDK platform the automatic convertibility of the other supported cryptocurrencies into NXT within the next 14 days.

This will enable the platform’s use for the new Melodius project: a decentralised marketplace intended for independent musicians to showcase and sell their work, without the punitive commission fees of the existing music stores.

It will also enable a far greater number of users to use the new neoDICE app, currently approaching beta.

NeoDICE is based on the incredibly popular Bitcoin game SatoshiDice, which fell from favour when it began requiring confirmations – thereby hugely slowing gameplay. Nxt’s developers have found a way to circumvent this problem and are releasing a new version of the legendary game.

How does CCPAYT.com work?

CCPAYT allows instant conversion of 11 of the most commonly used cryptocurrencies to Bitcoin in just a few easy steps:

  1. Choose the currency you wish to exchange.
  2. Enter the amount.
  3. Choose where to send the top-up (which service provider).
  4. The amount is then calculated automatically.
  5. Finally, you enter the e-mail address you registered with the service provider, and press «Continue».

Once you confirm that the amount exchanged is what you expect it to be, you then click to send it off to your internal wallet and user account on either CCEDK, Fun-Casino or any of the other destinations that will be added as other merchants start making use of this new tool.

It can sometimes be a difficult task to figure out the various cryptocurrency conversions, especially when customers need to convert odd amounts to Bitcoin – say 268 PPC to BTC. There are plenty of tools out there to help you make the correct conversion manually, but CCPAYT is one of the first cryptocurrency converters to do the job directly and automatically.

Reasons to use CCPAYT.com:

Congrats NXT payment at CCPAYT

  1. Straightforward.
  2. Instant conversion and transfer.
  3. Anonymous.
  4. Exact conversion on the base of calculations from actual trading information, which CCPAYT gets from Cryptocoincharts and their APIs, which are connected to 63 exchanges and their daily trading volumes, plus bid and ask prices.

Who can use CCPAYT.com?

CCPAYT is an online instant payment exchange platform, and is available to anyone!

  • Merchants who want to offer their customers the ability to convert any of the 11 supported cryptocurrencies to Bitcoin.
  • Users with a registered account at either CCEDK or Fun-Casino (and, in the future, any other merchant that becomes a partner with CCPAYT). It is free to sign up at both CCEDK and Fun-Casino, where you are also able to take part in a referral program offering a stunning 80% of revenue to all affiliate members.

What cryptocurrencies does CCPAYT.com support?

CCPAYT supports the exchange to Bitcoin of 11 cryptocurrencies offered on CCEDK exchange: Litecoin (LTC), Peercoin (PPC, NXT (NXTcoin), Blackcoin (BC), Nubits (NBT), Darkcoin (NRK), Dogecoin (DOGE), Bitmark (BTM), BitsharesX (BTSX), Reddcoin (RDD) and Fimkrypto (FIMK).

Why are CCEDK and Fun-casino initial partners of CCPAYT.com in this venture?

The initial idea of partnering with CCEDK and Fun-casino was to offer this crypto-to-Bitcoin option to users with a potential need for Bitcoins, whether for investment or gaming purposes, buying products on the Internet with Bitcoins, or simply paying bills with BTC wherever that is possible.

CCEDK.com is a global online exchange based in Denmark. CCEDK offers buy and sell options for digital currencies in a secure environment on the base of 2FA. They offer anonymous trading of some 85+ crypto pairs based on NXT, Bitcoin, Litecoin, Peercoin, Nubits, Dogecoin, Bitmark, Blackcoin, Darkcoin, Reddcoin, Fimkrypto and BitsharesX, and 50+ Fiat pairs with validation. Payment options are SEPA, instant payment with SKRILL DIRECT in EUR, SWIFT in USD, EUR a.m., and Payeer deposits and withdrawals in USD, EUR, RUR and UAH.

At CCEDK we consider CCPAYT an incredible opportunity to offer not only instant top-up via some of the 11 most in-demand cryptocurrencies to Bitcoin,” says Boesing, “but also the chance of making use of this incoming amount of cryptocurrencies to create an immediate sell wall on the exchange, thus creating a demand from present as well as future users of CCEDK exchange.”

Fun-casino.com is an online Bitcoin casino offering anonymous playing of poker, roulette and slot machines. The deal is giving them access to an ever-increasing number of people wishing to enjoy the entertainment it offers, whether that means Texas Hold’em poker, European Roulette, Book of Pyramids or any of the many other games available either for fun with play money or for real with Bitcoins. Fun-Casino offers lucrative deposit bonus deals, efficient deposits and withdrawals, and guaranteed security.

A full review is available at http://www.bestbitcoincasino.com/review/fun-casino/

NXT Market Report: 8 September 2014

Market Cap

Welcome to this week’s market report. First of all I would like to apologize for the missing report (1 September), there were just too many things going on. I hope that this won’t ever happen again! But now back to the actual topic: The last two weeks have been amazingly interesting for NXT, which is reflected in its price. NXT has gained 28.1% in value since the last market report at an average daily trading volume of about USD 70’000. The reason for this increase is definitely the launch of superNET by jl777. 

NXT is increasingly in the ascendancy, with trading now taking place on several different exchanges – at the time of writing there are six different exchanges with a daily NXT trading volume over USD 1’000!

coinmarketcap 07092014Source: coinmarketcap.com

The launch of SuperNET

There is already an existing article about the SuperNET, so there’s no need for me to explain it again here. I just want to make you aware of this huge investment opportunity, which in my opinion you shouldn’t miss. Imagine the effect on NXT of every other crypto currency in the SuperNET being able to use its features. Think about the consequences of a fast expanding user base. Consider the fact that the altcoins which are included in the SuperNET will be able to compete effectively with Bitcoin and fiat.

What’s going on in the Asset Exchange?

Fuzon: whale, the founder of Fuzon, has decided to close his fund and instead concentrate his attention on working with  jl777 on SuperNET. At the time of writing you have 2 options. The first is to sell your assets at a fixed price – whale has set up a buy order at 70 NXT, expiring 7pm Monday, 8 September 2014 Coordinated Universal Time (UTC) . The other option, which I personally prefer, is that whale sends you the assets of the fund according to the amount of shares you hold. Have a look at the Fuzon thread for further information.

Coinomat1: Coinomat1 represents coinomat.com. With coinomat you are able to transfer NXT directly to your credit card as well as convert crypto currencies into other crypto currencies. The Coinomat IPO, which finished recently, raised 7m NXT. The offer price was 2 NXT per share. The assets currently have a value of about 4.5 NXT each! Coinomat stands out due to its support of NXT as well as the weekly dividend payments it makes. Have a look at this site for information about coinomat’s revenues.

That’s it for another week. I’m already looking forward to writing the next Market Report!

This market report is for general information and news purposes only. It does not take into account the reader’s personal circumstances, objectives or attitude towards risk. It is not (and is not intended to be) any form of advice, recommendation, representation, or endorsement by the author or the web site owner and should not be relied upon when making (or refraining from making) any investment decision.

Nxt Market Report: 25 August 2014

Market Cap

Welcome to this week’s market report. It’s been another interesting week and we have plenty to write about. We start by having our usual look at the current market capitalizations. Since the last market report NXT has decreased in price by 6.5%. Additionally the trading volume, according to coinmarketcap, has been on a downtrend – it reached its high at about USD 100’000 (21 August) before shrinking to a daily average of about USD 40’000 during the last few days. The sharp fall in trading volume is explained by Bter’s hack last week as a result of which traders don’t trust Bter anymore and have either switched to a different exchange or to the Multigateway (which has experienced a considerable uptake in its use as a result of the hack). Moreover, Bter announced it would be charging a fee of 3% on all NXT withdrawals, which is understandable since Bter is still missing 4.5m NXT. There’s more detail regarding this story below. 

coinmarketcap 240814Source: coinmarketcap.com

UPDATE: Hack of Bter’s main account

A week ago Bter was still missing 8.3m NXT and even though it was an internal fault of the exchange, the NXT community nevertheless assisted Bter in any way it could, see this thread to read the whole discussion. Initially, as mentioned above, Bter announced an increased NXT withdrawal fee of 3%. This increase was intended not only to fill the 8.3m NXT hole but also to prevent a bank run! A number of different whales (users with a big stake in NXT) came up with proposals to smoothly restore the ‘old’ Bter, as a result of which the following agreement has been made: Bter is to provide a year of free NXT trading on its exchange in return for a loan of 2m NXT, enabling Bter to reduce the withdrawal fee to a  more reasonable 1%, albeit this is still double the old rate.

In another major development, Dom P, a well-known member at nxtforum.org, started a hunt for Bter’s hacker, which has already been successful: another chunk of the missing money has been recovered, some 3.8m NXT! Good news undoubtedly but this incident has clearly shown the downsides of centralized exchanges and the advantages in trading instead with the Multigateway.

Teleport: A new attempt to achieve privacy

Teleport is one of the many projects jl777 is working on. The goal is to make transactions off the blockchain so nobody is able to identify the user behind it. There are already different approaches by competitors like Darkcoin or Monero but jl777’s Teleport is a completely new one. Here’s how jl777 explains it:


Teleport is a different approach to privacy that seeks to use one of the very features of cryptocurrency networks that limit anonymity under normal circumstances: transaction linkage. Teleport occurs off the blockchain but is verified using the blockchain, utilising the benefits of a public record without suffering its drawbacks.
Teleport uses ‘telepods’ – packages of information containing everything required to make a transaction – to transfer funds securely and outside of the blockchain to the intended recipient.

jl777 is also core developer of BitcoinDark, with which he aims to make Teleport a reality. He explains it thus:

“Nxt Inside” is something I am reaching out to other coins to do. Each new coin with Nxt Inside is a totally new community that instantly becomes NXT users. Their coin gets the advantage of all the NXT 2.0 features, NXT gets more nodes and users for AE, Marketplace, InstantDEX, etc. The first step is to get the coin traded in MGW, then there is a direct reason for them to want reskinned NXT GUI. Maybe they strip out everything but the AE for their coin, or maybe they keep all of NXT. Doesn’t matter, it is all good as NXT is helping them by being a platform.

Now people are hesitant to be the first, so I make BTCD do this as example and then other coins will copy, especially if BTCD does well.

Advertised as “Nxt inside” jl777 aims to create a network of different coins using NXT as platform. This is huge since NXT will get lots of new users as well as publicity (also have a look at BitcoinDark’s price chart). Teleport is included in jl777’s asset NXTprivacy, something to consider investing in if you would like to be part of this story.

What’s going on in the Asset Exchange?

InstantDEX: InstantDEX is an asset managed by – who could it be? – jl777. The primary aim of InstantDEX is to offer realtime trading of NXT as well as Instant Transactions. In addition, InstantDEX will be a piece of the puzzle for Teleport, which is no doubt why it has experienced a doubling in price over the last week.

Nxttycoin: This coin is the official crypto currency of the Nxt Mobile Applications Company (NMAC), click this link to have a look at the announcement thread. The holders of Nxttycoins are understood to be the owners of NMAC. Nxttycoin is already listed on coinmarketcap and has an amazingly big community for an application which has not even launched yet (Facebook, Twitter). Over the last few weeks Nxttycoin’s value has increased by over 100%! As a bonus Nxttycoin has a reward program: on the last day of each month you receive an amount equalling 5% of your current holdings (Example: You hold 100’000 Nxttycoins. On the 31st of August you receive a reward of 5’000 Nxttycoins). The official launch date of the app is the 26 August 2014.

That’s it for the NXT market report this week; hope you enjoyed it!

This market report is for general information and news purposes only. It does not take into account the reader’s personal circumstances, objectives or attitude towards risk. It is not (and is not intended to be) any form of advice, recommendation, representation, or endorsement by the author or the web site owner and should not be relied upon when making (or refraining from making) any investment decision.

Nxt Market Report: 18 August 2014

Market Cap

Welcome to this week’s market report. We start by having a look at the current market capitalizations. Since the last market report NXT has decreased in price by 14.1%. The trading volume, much bigger than we have seen in the past few weeks,  reached a peak of USD 200’000 (12 August) but after the 15 August, when the popular NXT exchange Bter.com got hacked, the volume drastically decreased, according to coinmarketcap.com (in which the Multigateway trading volume is NOT currently included). You can see the transaction history of the hack and subsequent partial repayment here: Bter’s NXT account. More information about this incident below. 

coinmarketcap 17082014Source: coinmarketcap.com

Hack of Bter’s main account

As already mentioned Bter’s main NXT account was hacked on the 15th August. You can see part of the negotiation in the NXT blockchain. In Bter’s last update (17 August) they confirm the receipt so far of 43m Nxt and that they are working to recover the 8m Nxt which is still missing. Surprisingly this incident didn’t affect the NXT price in a big way – at the time of writing, the market price at Multigateway is around 6700 satoshis, even higher than before the hack. More importantly, the end result of all this doesn’t include a hacker’s account with 51m NXT in it and the continuing downward pressure on the NXT price which that would have inevitably meant.

What’s going on in the Asset Exchange?

MGW: The asset representing the Multigateway has seen a huge rise over the past few days.  The price increased from around 4 NXT per share to more than 10 NXT! An explanation for this price rocket is definitely Bter’s hack, which shows the downsides of centralized exchanges. As a second result of the hack the volume traded on the Multigateway increased a lot – in the last 30 days 8’354’746 NXT were traded, 1’820’136 NXT in just the last 24 hours!

Fuzon: A fund which holds crypto currencies as long-term investments. The fund is managed by whale who, although still quite new to the Nxt community, is well known in the Bitcoin as well as the Ripple communities. More information about the offering can be found in the announcement thread. Note that the asset is already being traded on Poloniex. For live updates monitor fuzon’s twitter account where you will find details about new investments.

That’s it for another week! We are looking forward to your feedback and suggestions!

This market report is for general information and news purposes only. It does not take into account the reader’s personal circumstances, objectives or attitude towards risk. It is not (and is not intended to be) any form of advice, recommendation, representation, or endorsement by the author or the web site owner and should not be relied upon when making (or refraining from making) any investment decision.

NXT Market Report: 11 August 2014

Market Cap

Welcome to my second market report. First, let’s have a look at today’s market capitalizations. Since the last report Nxt has decreased in price by 14.35% on a steady volume of around USD 100’000. In the past few hours the volume reached a peak of USD 170’000 – a possible explanation is the release of the NRS v1.2.3 in which the Digital Goods Store is included. We are looking forward to block 213’000 when the release is scheduled to take place!

coinmarketcap 110814Source: coinmarketcap.com

Lee’s resignation from TXTCoinsNow

In my last market report I wrote about the outstanding progress being made by TXTCoinsNow . Unfortunately, since then (on 4th August), Lee Gibson Grant had to announce his termination of service with TXTCoinsNow – see the full announcement here. It became apparent that Lee had issued the TXTCoinsNow asset without the prior knowledge or approval of TXTCoinsNow’s CEO Thomas Mahoney and therefore the asset did not in fact constitute ownership of any share of the company. Furthermore the capital raised through the asset issuance was mainly used by Lee to promote Nxt at conferences or similiar events and only a small amount was paid to Thomas Mahoney and TXTCoinsNow. Notwithstanding this unfortunate incident Lee deserves a lot of praise for his energy, enterprise and commitment to NXT and, looking to the future, I am sure that having learned an important lesson, Lee will continue making a valuable contribution to the ongoing development and widespread adoption of NXT.

For an update on some of the latest developments in NXT as well as an interview with Thomas Mahoney (starting at 9:30 mins) watch the NXT Community & Development Update #16. 

 

Troubles at bter followed by a price drop

Last Saturday, (9th August) Bter had issues with its order book. Different people reported that there weren’t any buy orders displayed or even that there were empty order books on both sides. As a consequence the trading moved from Bter especially to Cryptsy with a hit in price down to about 6000 satoshis. This was probably the result of would-be-Bter sellers who switched to Cryptsy and other exchanges with far lower trading volume. As soon as Bter was back to running normally the price corrected but not as much as on the other exchanges. The net result was a hit in price of 6 to 7%.

What’s going on in the Asset Exchange?

Coinomat1: The second asset of coinomat is still paying its weekly dividend as well as continuously increasing their average daily revenue of transactions fees. Please note that yesterday (10th August) sharkfund0, an investment fund managed by jl777, invested over 520k Nxt in this asset. You can follow sharkfund0’s investments here.

MPFiatGate: On the 26th of July 2014, the MPFiatGate asset was issued – see their announcement thread for all details. The IPO represents 10% of the company’s net profit, therefore 10% of the monthly net profit will be distributed among the investors. The dividends are paid at the end of the month – the July dividend was 8.3% which equals a ROI of 100%!

That’s it for another week! We are looking forward to your feedback and suggestions!

This market report is for general information and news purposes only. It does not take into account the reader’s personal circumstances, objectives or attitude towards risk. It is not (and is not intended to be) any form of advice, recommendation, representation, or endorsement by the author or the web site owner and should not be relied upon when making (or refraining from making) any investment decision.

NXT / USD pair added on BTER

[BREAKING NEWS]

bter_nxtusd

You can now trade NXT / USD on the biggest Chinese exchange, BTER.

https://bter.com/marketlist/USD

To deposit USD and buy NXT, you’ll have to use Egopay. https://www.egopay.com/exchange/

BTER won the race?

No.

We’re still waiting for the first exchange to make direct USD/EUR to NXT deposits available.

Eyes are on Bithaus and DGEX + a few others.

Still, BTER is the first centralized exchange to make direst trading of NXT (Nxtcoin) vs USD available.

bter