How to Cash Cryptoсurrency: Four Proven Methods 0 586

The Coin Shark compiled the most effective ways to withdraw earned cryptocurrency.

#1: Getting via exchange

With this method, it’s easiest to cash such known currencies as Bitcoin or Ethereum, because almost everyone works with them. But there are also sites that work with a lesser known currency.

Initially, you need to find an exchange that supports the required currency pair (ETC / USD, etc.). The easiest way to do this is to find the right pair in the top exchanges. This option requires more time, but it’s more reliable. On little-known exchanges, there is a risk of coming across scammers.

Algorithm of actions

  1. After registering on the selected exchange, you need to replenish your wallet or account by crediting it with the appropriate cryptocurrency from the crypto-wallet.
  2. After that, the owner of the cryptocurrency has to put it on the exchange at the rate he considers profitable. If the average price for the demanded currency is set, the buyer is found and the transaction is accomplished. Instead of the crypto currency, dollars (or another currency) appear on the account.
  3. You can direct them, for example, to a Visa or MasterCard. Some exchanges support WebMoney and other payment systems. Options are usually available in the “Funds withdrawal” section, where you can choose the most convenient one.

# 2: Cashing Cryptocurrency through the exchanger

Exchange services – the first thing that search engines offer to those who want to withdraw cryptocurrency. In terms of functioning, they are very diverse. They differ in everything, namely : courses, commission, speed of work, banks and payment systems, where you can withdraw funds. Based on the above listed criteria, you can choose the right one.

There are so many exchangers that it is impossible to manually study the currency rate on each one. Therefore, there are special monitoring sites for currency rate in different currency exchangers.

Do not rush to exchange the currency in the exchanger with the best rate. It is necessary to look at the commission, which is charged for withdrawal of funds. It often happens that on exchangers with good rate the commission is so high that it is much more rational to use services of a site with worse rate, but smaller commission. For example, some charge 10% of the withdrawal amount, and some – 3%.

When withdrawing funds to an international bank card, it makes sense to check sites in other languages: there you can find a more favorable rate and conditions. The good point of exchangers is that if necessary to withdraw funds to a card with less common currency (Ukrainian hryvnia, Uzbek soums, etc.), you can almost always find a suitable service. On the other hand, the withdrawal of money to such card without conversion from international currency significantly limits the list of suitable services, which means that, most likely, you will have to pay at best the average commission, and at worst – very high. The speed of work and the quality of support can be also lower compared to the sites exchanging cryptocurrency for dollars or euros.

Algorithm of actions

Technically, the withdrawal of funds through the exchanger is simple:

  1.  It is required to enter the purse number and card number or account for crediting money.
  2. The speed of withdrawal of funds may take from a few minutes to 24 hours, although sometimes it can be 2-3 days.

# 3: Cashing crypto currency with WebMoney

WebMoney works with Bitcoin, and this currency can be directly transferred to the electronic purse WM. It will be necessary to have at least a formal certificate (in the account there must be passport proved by the scans, etc., personal data). If you have it, you can create a wallet for bitcoins – WMX.

Algorithm of actions

Further actions are all standard:

  1.  The address for transferring bitcoins is put down, crediting takes place
  2. Then they can be converted into another currency or withdrawn to a bank card.

For both actions, a commission is charged – less than on exchange sites, but more than on many exchanges. It may vary depending on the speed of the operation. So, operations with bitcoins via WebMoney, lasting more than a day, are cheaper than “urgent” operations. For the latter you will have to pay 0,8% of the amount.

# 4: Withdrawal crypto currency with the help of individuals

The most risky way of cashing cryptocurrency.

On the websites and forums dedicated to crypto-currencies, currency traders can be often found. If they want to cash crypto-coins, they offer fiat money at a favorable rate and vice versa.

There are usually no guarantees: with equal probability, traders can turn out to be honest people and scammers. But, if you deal with an honest buyer, you can sell the crypto currency at a favorable rate.

Algorithm of actions

With this method, you can negotiate the transfer of money through a convenient bank or payment system, i.e., the final payment for cashing of funds will be minimal.

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The Global Decentralized Ecosystem NeuroSeed 0 200

There is an infinite number of global and social problems that people can not solve on their own in the world. This is not related to the mental abilities and level of education, but to the fact that a person is a living being whose reasoning and actions are based on objective and subjective evaluation, moral principles, religious views and other external or internal beliefs. That’s why, a bright outburst in the form of interest among scientists over the re-creation of artificial intelligence and machine learning emerged in 1832.

Since then, machine learning has been getting more popular and more in demand every day. Unfortunately, a number of factors hampered the wide propagation and success of the creation of the ideal model of artificial thinking, the main ones of which are a long and expensive learning process, as well as a lack of trust in machine learning models.

To solve all the problems and eliminate obstacles, we developed an innovative platform NeuroSeed. Its uniqueness lies in the fact that it unites breakthrough technologies, cryptography and blockchain with the sciences which are the future of mankind, including artificial intelligence, machine learning and neural networks.

What is NeuroSeed?

NeuroSeed is a platform that unites customers, distributors, developers of machine learning models, profile validators, as well as Big Data, data storages and computing powers suppliers into a single ecosystem. Such synergy interacts as a single mechanism using blockchain technology.

In reality, any cryptocurrency is based on the technology of blockchain. However, it performs not only a technical but also a practical role specifically in our project, namely the storage of Big Data hashes and ready-made solutions along with metadata. Thus, the concept of merging several models of machine learning was created, which turned out to be extremely economical, since the accelerated by 50-200 times training of neural networks was achieved.

The NeuroSeed platform provides a user-friendly interface for users and can eliminate all misunderstandings and problems formed on the basis of distrust of artificial intelligence. We provide the world with a transparent and reliable way to exchange ML solutions and data sets between customers, storage and cloud service providers, Big Data owners and validators.

Who will NeuroSeed platform be useful for?

The NeuroSeed platform is absolutely universal for humanity, namely in the sphere:

  • B2B-consultants;
  • industrial production;
  • telecommunications;
  • power engineering;
  • financial and insurance business;
  • education;
  • health;
  • retail and wholesale trade;
  • transport.

If we talk about business and economic sphere, the algorithm of machine learning is of interest in their industries, such as:

  • asset management in the securities market;
  • large data analytics;
  • risk management;
  • cybersecurity;
  • optimization of the sales system;
  • analysis of credit history;
  • optimization of pricing policy;
  • algorithmic trading on the securities market;
  • forecasting of sales;
  • analysis of marketing data and customer segmentation.

How will the platform participants and its components interact?

The following participants will be involved with the corresponding roles:

  • Big Data providers are required to download a data set designed to improve machine learning models;
  • cloud storage providers will provide their own equipment for data storage and connect their services through the application programming interface. NeuroSeed is able to collaborate with suppliers of centralized and decentralized cloud storage;
  • suppliers of centralized or decentralized computing powers will provide appropriate services on their equipment and connect their own services through the application programming interface;
  • developers of machine learning models are involved in developing and training ML;
  • validators will perform quality assessment of Big Data and MOD models;
  • distributors are wholesale implementers of API calls;
  • customers are any companies and individual consumers who will buy API calls for NSD tokens in order to take advantage of the services of the market for machine learning or to implement ready-made solutions in their own systems.

The project is realized by means of blockchain technology, which for better understanding is represented in the form of a chain, the links of which are all the above-mentioned participants.

The first link, in the so-called chain, will be the Big Data providers, that are necessary for training the model, then the intelligent machine. Intelligence will be built by adding a new set of data over existing ones, and the validators, in their turn, will carry out the evaluation of new data. Storages for the dara of Big Data providers and ML developers are provided by data storage providers, and suppliers of computing power will provide the system with computing power for training the ML model. Distributors in the chain integrate ready solutions for ML clusters and implement API calls to clients.. Thus, the ecosystem will be formed, enlarged and improved.

What are the advantages of the platform?

  • Implementation of the capabilities of blockchain technology for the authenticity of machine learning models and data sets.
  • Reducing the cost and speeding up the initial training of machine learning models, through the re-use of ready-made solutions.
  • Reducing the cost of storing and increasing the availability of embedded datasets by means of the creation of new virtual composite sets based on existing information.
  • Ready-made solutions will always be relevant, as they are updated through the transfer of knowledge from one trained model to a new data set.
  • A new source of liquidity for participants in the decentralized ecosystem of NeuroSeed.

What is the principle of functioning of the NeuroSeed platform?

  • Controllability. Any transaction made has a cryptographic signature, the history of any operation and transactions is stored in the blockchain along with the metadata and hashes of the machine learning code and ready-made solutions.
  • Independence of the platform. The NeuroSeed platform is an aggregate market, therefore it does not depend on certain suppliers taking direct part in the chain.
  • Division of functions. The essence of the platform implies the separation of roles according to a certain list of operations performed by the participants.
  • Reliability of data and solutions. All decisions and codes of training are backed up by users and companies with a positive reputation and well-known name, corresponding to the field of activity.
  • Monetization model. Customers pay for  NeuroSeed’s services, and in such a way they have access to the application programming interface and ready-made solutions for complex ML models.
  • The award system. Providers of computing power and Big Data, validation services, storage services and others are proportionally awarded for any application of the solutions they provide.

What is the economic model of the NeuroSeed platform based on?

To access data sets, ready solutions, computing powers, storages of data sets and machine learning models, NSD tokens are accepted as payment, which you can also use to get unique privileges and access all functions of the NeuroSeed platform.

Internal micro-purchase, necessary to reduce additional costs, is controlled by the platform itself.

The cost of training ML models consists of the prices of data sets, computing powers and the use of ML models.

Models that are linked together in one system can be upgraded because of the need to update one ML model. The cost of updating is based on the accuracy of the model update

The special technology of motivation for validators is developed and integrated into the platform: the reputation of the validator depends on the quality of the works performed by him/her.

More about project: https://neuroseed.io/

The Coin Shark does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions. The Coin Shark is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

SELFLLERY: and How Much Money Will You Make for Photo? 0 8780

Everything is measured in likes, comments, reposts, number of views in the modern society. And do you know that you can also make decent money on it? SELFLLERY is a multifunctional platform, with the help of which social network users will get awards in cryptocurrency for their activity. The concept of SELFLLERY is based on blockchain technology.

What as for the profit?

The project offers a useful tool for getting profit from users’ content. So, here are 5 win-win methods of gaining profit using this service:

  • SELFLLERY automatically adds tokens in exchange for received likes;
  • You can sell your photos to the photo bank;
  • Participants get bonuses for the activity in the advertising campaign;
  • And also bonus tokens for photo quests;
  • Participance in various photo contests are also awarded with tokens.

A little info about YOU tokens

SELFLLERY economic model is based on YOU tokens which grants access to the paid services of the project platform. Internal currency allows to purchase goods in the marketplace, make donations to charity and carry out internal operations with tokens on Ethereum wallets.

How is it different from all the others?

The main advantage of the project is the fact that it provides an opportunity for all users of social networks who have interesting content to fairly receive not only the approval of subscribers in the form of likes, comments, reposts and views, but also valuable tokens, the cost of which will be determined by the rating of the profile.

Moreover, the project SELFLLERY doesn’t have any analogies in its segment because it is the only one that will provide users with an award faster than traditional stock exchanges that take from 30 to 60 days to charge money.

How to use the tokens?

With the help of YOU, users will have the opportunity to buy anything they want on the SELFLLERY platform itself in May of 2018. Using tokens users will be able to take part and multiply them in photo contests and quests. Companies will advertise their own services and products on the platform at the expense of their earnings. Also, tokens can be converted into cash through the Ethereum wallet.

Hurry up and buy tokens! Start TGE on March 5

Join now at tge.selfllery.com

Telegram chat: https://t.me/selfllery_en

The Coin Shark does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions. The Coin Shark is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.